Are you still buying? - page 5. | Bitcointalksearch.org

Nwada001

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Quote from: FiveG on May 21, 2023, 01:51:55 PM

This market is not favourable since 2021 till now like as of last two years that was a boom let's face the fact about, bitcoin price has drastically reduced the number of buyers overtime,

Market not being favorable all depends on how you perceive the market. There are people who will boldly say the market has been in their favor since the 2021 last bull run. This is because they have studied the market, and both in bullish and bearish markets they always find a way to take profit, but that doesn't mean that they don't lose trades most times as well.

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even most of you that have it before aren't buying more bitcoin recently because of the waving price dilemma.

I've had it before, and I also sold it out before, and I'm fine with the selling price. Right now, I've put the past ATH aside, and my accumulation now is based on what I expect to see in the future and not just an assumption of what could happen.

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Think of it this way, if you sleep by 8pm and wake up by 5am to discover that bitcoin rise up to $50k, will is you said is scam? Or will you regret for not buying again? Believe me it will shock many people how the bull will react.

I can never say it's a scam. This is because the nature of Bitcoin allows it to have a rapid move, and most times the price can't actually be predicted, so any form of price movement is allowed. I will only regret it if I don't have at least a few SATs to sell and celebrate the pump, and I won't be too angry if I am not fast enough to bag more; that could be very greedy of me.

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Keep buying if trust bitcoin

Yes, that's the goal: to keep on accumulating till I reach my holding target, which I believe I will achieve no matter the price difference.

Ojima-ojo

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Quote from: FiveG on May 21, 2023, 01:51:55 PM

This market is not favourable since 2021 till now like as of last two years that was a boom let's face the fact about,

The thing is that we can never have a stable bitcoin price and bitcoin can not continue in one direction trend and we must take advantage of the various market discounts as to buy the dip and wait for when the price will reflect that price benchmark you mention.

But on a contrary opinion, I do t think bitcoin have underperformed in the year 2023 since the price increased significantly.

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bitcoin price has drastically reduced the number of buyers over time, even most of you that have it before aren't buying more Bitcoin recently because of the waving price dilemma. Think of it this way, if you sleep by 8 pm and wake up by 5 am to discover that bitcoin rises up to $50k, will is you said is a scam? Or will you regret for not buying again? Believe me it will shock many people how the bull will react. Keep buying if trust bitcoin

We have to used to such movement I the BTC market as there have been a lot Of ups and down in the market but. That's the nature of Bitcoin and that is why BTC is referred to as a volatile asset.

But with all of that, if we can properly manage our DCA level at each point we will have a very good chance to make the best out of every market position.

Accardo

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It's always good to hodl bitcoin, aside that we need to be careful regarding profits, it's never a waste of money especially for the bitcoin community members who understands how bitcoin works. Halving is coming up soon, hodl or buying more is some of the best strategies for a now bearish cryptocurrency market. The bullish run could be massive or average, but it'll arrive and everyone will get rewarded according to the number of sats they have in their wallet.

cryptomaniac_xxx

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Quote from: FiveG on May 21, 2023, 01:51:55 PM

This market is not favourable since 2021 till now like as of last two years that was a boom let's face the fact about, bitcoin price has drastically reduced the number of buyers overtime, even most of you that have it before aren't buying more bitcoin recently because of the waving price dilemma. Think of it this way, if you sleep by 8pm and wake up by 5am to discover that bitcoin rise up to $50k, will is you said is scam? Or will you regret for not buying again? Believe me it will shock many people how the bull will react. Keep buying if trust bitcoin

Of course the market is not favorable because we are in a bear market. I don't know where you get your numbers that bitcoin buyer numbers has reduced? care to share your research? If not then you can see the data on bitcoin addresses here:

https://www.lookintobitcoin.com/charts/addresses-holding-x-btc-by-year/

So it is growing despite the bear market. The best way to do is DCA and accumulate as many as you can before the eventual bull run next year.

Dr.Bitcoin_Strange

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In my opinion about that, I had said that after the last ATH of Bitcoin in 2021, it become bearish, giving people who are ready to buy more time to accumulate and wait while it prepares for another bull run that might give up another ATH. Although it may not likely give another ATH, but since Bitcoin is a store of value, any time the price drops, it's really time to buy because, as time passes, the value will increase, leading to a price increase too.

From the example you gave, no one needs to really regret anything if the price hits $50,000 any time soon. The reason being that they all had the chance to buy when the price was down, but they did not, so what they need to do is hold on for when the price drops, and they should buy if they truly wish to invest in Bitcoin.

BIT-BENDER

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It's wrong to speculate figures or things when you don't have concrete fact on it and make it or try to make it appears as the truth, many investors in crypto-currency do like times like this because it mean that can buy in on Bitcoin now that the price is down. I doubt if there is any experience member who would fear holding Bitcoin now going by the type of history Bitcoin has already created. By the way the halving of Bitcoin is coming up next year and many people has been anticipating for this and would be buying more Bitcoin now hoping the bull run would happen around the Bitcoin halving period.

Issa56

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Quote from: FiveG on May 21, 2023, 01:51:55 PM

This market is not favourable since 2021 till now like as of last two years that was a boom let's face the fact about, bitcoin price has drastically reduced the number of buyers overtime, even most of you that have it before aren't buying more bitcoin recently because of the waving price dilemma.

How sure are you that bitcoin price has drastically reduced the number of bitcoin buyers, I think you should back your post up with proof, and how sure are you that most of us are not buying bitcoin anymore, let me be honest with you, the only time I will stop buying bitcoin is when I don't have any extra cash with me, but if am having money that I know I won't be using for now, then I can never stop buying bitcoin no matter how low bitcoin price is, because I believe bitcoin will be grate once again, it might just take time and am ready to wait. Am sure the only people that will stop buying bitcoin are the once that are new to crypto space.

Quote from: FiveG on May 21, 2023, 01:51:55 PM

Think of it this way, if you sleep by 8pm and wake up by 5am to discover that bitcoin rise up to $50k, will is you said is scam? Or will you regret for not buying again? Believe me it will shock many people how the bull will react. Keep buying if trust bitcoin

Why will I say bitcoin is a scam if bitcoin rise to $50k, it's normal to me and I will never regret why bitcoin rise, am not really satisfied with the amount of bitcoin am holding, but at least am holding bitcoin. The only people that will regret why they didn't buy are the once that think Bitcoin is a scam and the once that keep on saying bitcoin will dump more and they are waiting for it to dump before they buy.

Hyphen(-)

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Quote from: FiveG on May 21, 2023, 01:51:55 PM

This market is not favourable since 2021 till now like as of last two years that was a boom let's face the fact about, bitcoin price has drastically reduced the number of buyers overtime, even most of you that have it before aren't buying more bitcoin recently because of the waving price dilemma. Think of it this way, if you sleep by 8pm and wake up by 5am to discover that bitcoin rise up to $50k, will is you said is scam? Or will you regret for not buying again? Believe me it will shock many people how the bull will react. Keep buying if trust bitcoin

For those of us who missed out on the early Bitcoin investment, we believe that now is the moment to invest in Bitcoin because the price is relatively cheap and Bitcoin has a bright future ahead of it.

Some investors who previously had Bitcoin are still holding it patiently out of confidence, believing that this bear market is a passing fad that will soon pass and Bitcoin will be back on track to recoup its value.

Stalker22

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Quote from: FiveG on May 21, 2023, 01:51:55 PM

This market is not favourable since 2021 till now like as of last two years that was a boom let's face the fact about,
~

How can you say that? From the lows of late last year and early this year, Bitcoin looks quite favorable to me now. It is like saying the roller coaster is no fun because you are currently on the uphill climb. Just wait for that exhilarating downhill rush, my friend! The cryptocurrency market is full of surprises, and who knows what exciting twists and turns await us in the future. So, buckle up and enjoy the ride! Cheesy

un_rank

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- Jay -

Quote from: FiveG on May 21, 2023, 01:51:55 PM

This market is not favourable since 2021 till now

Prior to 2021, the previous all time high was just shy of $20,000. Between then and now bitcoin has reached new ATHs, peaking at $68,000. This is a favorable market.

Quote from: FiveG on May 21, 2023, 01:51:55 PM

bitcoin price has drastically reduced the number of buyers overtime, even most of you that have it before aren't buying more bitcoin recently because of the waving price dilemma.

I would rather buy at under $30,000 than to buy at $70,000. True bitcoiners are still buying and double down when the price goes down.

Quote from: FiveG on May 21, 2023, 01:51:55 PM

Think of it this way, if you sleep by 8pm and wake up by 5am to discover that bitcoin rise up to $50k, will is you said is scam?

A 100% increase overnight is shocking and not likely to happen, but that does not make bitcoin a scam.

- Jay -

mk4

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Quote from: FiveG on May 21, 2023, 01:51:55 PM

Think of it this way, if you sleep by 8pm and wake up by 5am to discover that bitcoin rise up to $50k, will is you said is scam? Or will you regret for not buying again? Believe me it will shock many people how the bull will react. Keep buying if trust bitcoin

Price isn't what decides if a certain cryptocurrency/asset is legit or not. There have been thousands and thousands of cryptocurrency scams that rose a lot in price solely because of hype — those price increases don't necessarily make them not-a-scam.

sunsilk

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Quote from: FiveG on May 21, 2023, 01:51:55 PM

This market is not favourable since 2021 till now like as of last two years that was a boom let's face the fact about, bitcoin price has drastically reduced the number of buyers overtime, even most of you that have it before aren't buying more bitcoin recently because of the waving price dilemma. Think of it this way, if you sleep by 8pm and wake up by 5am to discover that bitcoin rise up to $50k, will is you said is scam? Or will you regret for not buying again? Believe me it will shock many people how the bull will react. Keep buying if trust bitcoin

On 2021, it's actually a good year and one of the best bull runs that I've ever seen. But then, after the bull run it has to lie low and have to go through a bear market which was the one that you've said wasn't favourable at all.

Enough with saying or thinking that bitcoin is a scam if its price moves up. We're done with that and only those people that have no bitcoin are keep on saying that.

But most likely when we see the price of bitcoin moves up, we're regretting that we haven't bought when it's cheap. Those that have been holding, there's no problem if that part was missed.

paid2

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This is the kind of post you should be writing and spreading everywhere other than this forum in my opinion; we are (I mean, on this exact forum) already absolutely convinced that Bitcoin is not a scam and many of us already have our own strategies in place, whether it be through spot buying, DCA, mining etc..

Let's also not forget that a small part of the community doesn't care about the BTC/FIAT value, and will simply tell you 1 BTC = 1 BTC, no matter when or no matter how the market is doing.

Quote from: FiveG on May 21, 2023, 01:51:55 PM

even most of you that have it before aren't buying more bitcoin recently because of the waving price dilemma.

No "price dilemma" when you are DCAing

FiveG

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This market is not favourable since 2021 till now like as of last two years that was a boom let's face the fact about, bitcoin price has drastically reduced the number of buyers overtime, even most of you that have it before aren't buying more bitcoin recently because of the waving price dilemma. Think of it this way, if you sleep by 8pm and wake up by 5am to discover that bitcoin rise up to $50k, will is you said is scam? Or will you regret for not buying again? Believe me it will shock many people how the bull will react. Keep buying if trust bitcoin

Topic: Are you still buying? - page 5. (Read 706 times)