I think everyone will take advantage of the red market situation, where we can buy several altcoins that have great potential and popularity at low prices, of course these altcoins are in the top 10 cmc such as ethereum, binance,, polygon, ADA and XRP, in my opinion this altcoin can give you profits in the future.
People or investors who have taken big profits on Bitcoin ATH tend to channel their funds into altcoins, I think this has become their tradition. When the Halving is over, now is the time to pay attention to several altcoins which have great potential in enlivening the altseason. As usual we need to focus our research on several coins in CMC. This bear market provides a great opportunity to seek profits in the future. Altseason is definitely waiting in sight, starting with ETH then Solana + its ecosystem also seems to be making surprises again in the next few months. 
Topic: Are you taking advantage of this red market? - page 3. (Read 722 times)
There is no good investor that has the money to buy this current dip that won't take any advantage of it. The way I see it I believe the dip just got started. Actually, I was expecting bitcoin to drop to 45k when the halving started but it didn't. It took a week before we started seing this low price of bitcoin.
Heopefully i am still expecting the price to dip down to the 45k margin were i will now buy aggressively and add to the little i have already bought through DCA. Its a perfect time to buy just like any other time in the market.
Thankfully, I got the dip during the 57K price range. I bought the dip with whatever I had, and guess what? BTC has gotten back to 59K, aiming to reach the 60K price range. It won't take long to go even higher. Isn't it kinda unrealistic to have expected a drop to 45K? I mean, everyone knows what BTC is, and I'm sure a lot of people were jumping into the market to buy at this rate. I do like your patience though, not everyone has that kind.Heopefully i am still expecting the price to dip down to the 45k margin were i will now buy aggressively and add to the little i have already bought through DCA. Its a perfect time to buy just like any other time in the market.
True this is a buy dip now don't do it later instead it will be bullish because we never know, but unfortunately don't have USDT reserves to buy again but I will wait for the moment of decline again even though I have previously bought the price above from now on, this is not regret but the fiat reserves have been used up for other purposes.
At least I want to accumulate ETH a little bit because it is much more prospective than other altcoins, maybe some altcoins can be more than 10x after bullish but I think ETH will be better in its increase later.
I believe anyone should accumulate ETH before it goes high again. Not everyone has USDT since that's situation of yours.. I could sell some of my alts easily for BTC/ETH and wait for profits to come in. At least I want to accumulate ETH a little bit because it is much more prospective than other altcoins, maybe some altcoins can be more than 10x after bullish but I think ETH will be better in its increase later.
There are some mysterious things in the recent market, the market situation seems to be very difficult, due to the drop in bitcoin price, but I think there are some markets such as coin market cap and trade to mine on bitgate exchange that have good mining and trading, you Joining various events and airdrops will be able to get some mining, but you think now is a perfect opportunity to load BTC and ETH, I think people should take this as a good time to buy the dip while the dip exists now.
Well people might want to know that you guys think this is a perfect opportunity now to load up on BTC and ETH? I think people should take this as the perfect time to buy the dip while the dip exists now.
\but this is truly an advantageous to all of us investing in something like dumping market and now we are in bloody market that we can buy more when this is cheapest .
I think everyone will take advantage of the red market situation, where we can buy several altcoins that have great potential and popularity at low prices, of course these altcoins are in the top 10 cmc such as ethereum, binance,, polygon, ADA and XRP, in my opinion this altcoin can give you profits in the future.
have you mate? what did you add in your folio in this dumping market .
I think everyone will take advantage of the red market situation, where we can buy several altcoins that have great potential and popularity at low prices, of course these altcoins are in the top 10 cmc such as ethereum, binance,, polygon, ADA and XRP, in my opinion this altcoin can give you profits in the future.
I purchased Bitcoin at a low point around 58k and am now waiting for it to break through 61k, at which point I expect a rally up to 65-66k, based on my technical analysis. While it's always a good time to buy BTC, I anticipate a brief pullback or liquidity grab around 50k before a sustained move upward. In the meantime, participating in passive events can be a viable approach. Is this the event?
It appears as you have good understanding of technical analysis, how ever when it comes to Bitcoin experienced investors prefer to avoid day to day trading as it high unpredictable digital currency. The best approach is considered to accumulate Bitcoin by using Dollar Cost Average (DCA) and book profit in bullish market to yield substantial profit. The anticipated event you mentioned where Bitcoin could potentially surpass $66,000 is linked to the injection of liquidity expected when US treasury begins to buy back treasury bonds. DYOR
https://www.reuters.com/markets/us/us-treasury-keeps-auction-sizes-unchanged-through-july-launches-buyback-2024-05-01/
I don’t mind dumps when we are in a bear market & I have lots of spare fiat after selling during the bull so I can buy back cheap. The current dump/correction does nothing for me as I don’t have significant fiat to deploy so no, I’m not taking advantage of the current market situation, I am annoyed by it.
I wish I were able to take full advantage, knowing that it's totally red. I believe it can reach higher and more and more could probably get their piece at this price. It's really the trend that you could see rolling out. I believe that you could load up on as much coin as possible that you are willing to risk so that you would be able to have an exposure to profit.
Well recently the market is in a bad mood. and I'm sure many of us are wondering why. While there's no single answer, recent news suggests factors like Hong Kong ETF disappointments and the Fed's interest rate decisions are influencing Bitcoin's downward trend.
As we know, altcoins often follow Bitcoin's lead. This dip in BTC has also dragged down Ethereum and others, potentially creating excellent buying opportunities for those who might have hesitated before.
I know you guys will be asking me, why is this post when time's going out? To answer you, I'm already taking the dip. It's a good thing that some exchanges even started events, I am also currently trading some BTC and ETH in a trade to mine event on Bitget to earn some BGB rewards.
Well people might want to know that you guys think this is a perfect opportunity now to load up on BTC and ETH? I think people should take this as the perfect time to buy the dip while the dip exists now.
As we know, altcoins often follow Bitcoin's lead. This dip in BTC has also dragged down Ethereum and others, potentially creating excellent buying opportunities for those who might have hesitated before.
I know you guys will be asking me, why is this post when time's going out? To answer you, I'm already taking the dip. It's a good thing that some exchanges even started events, I am also currently trading some BTC and ETH in a trade to mine event on Bitget to earn some BGB rewards.
Well people might want to know that you guys think this is a perfect opportunity now to load up on BTC and ETH? I think people should take this as the perfect time to buy the dip while the dip exists now.
I purchased Bitcoin at a low point around 58k and am now waiting for it to break through 61k, at which point I expect a rally up to 65-66k, based on my technical analysis. While it's always a good time to buy BTC, I anticipate a brief pullback or liquidity grab around 50k before a sustained move upward. In the meantime, participating in passive events can be a viable approach. Is this the event?
Definitely, this is where you look for good opportunities to accumulate as the price dumps. This is just like the bear trend before where we can see the bloody market and look at their price now. There’s no need to panic as this correction is normal and healthy, what you can do for now is to look for good projects and do your own research so you can decide if you are going to invest or keep looking for other options. As many says, if there’s a panic better to buy more.
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Already am. For altcoins, the dip has been ongoing since quite a few days prior already (or maybe even weeks, don't remember) and I've been buying every now and then with some coins that I like. As for BTC, I bought at around 63k ish and at the recent 58k ish levels. Will probably continue to do so if it ever dips down again later on. I'm generally in profit for quite a while now already anyway since I started DCA'ing when the price was at around 15k ish, so even with some temporary losses due to buying high right now, those initial profits offset them by quite a margin.
If we are into the look for another opportunity, then this would be time rather than waiting for the bear season. Every dip is an opportunity - we all know that, so why not?
I won't encourage people to do the same but I suggest thinking about this. The bull season is not over yet which means that there is a huge possibility it recover and reach back high again. Buying BTC and ETH would certainly give us profit assurance and never disappoint us. So if we still have the balls then go, it is just like we are accumulating before halving.
I won't encourage people to do the same but I suggest thinking about this. The bull season is not over yet which means that there is a huge possibility it recover and reach back high again. Buying BTC and ETH would certainly give us profit assurance and never disappoint us. So if we still have the balls then go, it is just like we are accumulating before halving.
Yes, I took the risk. I have invested a lot during that red candle. I have accumulated a couple of altcoins and am holding them right now. I believe this was a chance for us to accumulate cryptocurrency. Compared to Bitcoin, altcoins have dumped so hard. So instead of Bitcoin, I took the risk with altcoins. But still, I am holding some bitcoin in my portfolio as well. So I am waiting for a good pump to sell my holdings. Without taking risks, it's not easy to make money from cryptocurrency. So I had to take the risk.
Cryptocurrency is here to make each and everyone of us rich but we should take things easy and adapt good winning strategies. We should always know what we want and not jeopardized our chances of earnings in the system which I believed to be very broad and different from our vision. Bitcoin is very important to every top whale in the space and we should always know exactly what we want before triggering options for sell. We take risks everyday in the market and during the bearish season, that's basically our foundations to set good style.
Yes, I took the risk. I have invested a lot during that red candle. I have accumulated a couple of altcoins and am holding them right now. I believe this was a chance for us to accumulate cryptocurrency. Compared to Bitcoin, altcoins have dumped so hard. So instead of Bitcoin, I took the risk with altcoins. But still, I am holding some bitcoin in my portfolio as well. So I am waiting for a good pump to sell my holdings. Without taking risks, it's not easy to make money from cryptocurrency. So I had to take the risk.
Honestly I thought it would come back up yesterday but until now it still has not gone back up and is still fluctuating below 57k. It can definitely make an investor rethink whether to buy now or not. My best advice would be to not hesitate for too long as you might just miss out entirely on entering the market.
The price of Bitcoin has increased a bit now but it is not quite significant. It is around $59k now, it makes investors to have a new hope for the next pump. However, for the old investors, I'm sure they won't be afraid about the current situation in the market. They will take the advantage of the drop in price, they will buy as many as possible. But for the new investors, they probably feel doubtful, they won't buy because they are not confident with the future of crypto market. We can understand why the new investors may fee afraid, they may know some negative news during the correction. It is no problem if they don't want to buy when there is bad news.
Initially I was in loss as the value has dropped but at the sametime I have utilized my emergency fund and invested in SOL and right now I am roughly 10% in profit overall. This is an opportunity to gain some quick profit but we shouldn't get carried away with the market trend as it can change and we may see even further dip hence always play with stoploss which I have used for my Altcoin investment but I haven't applied the same for Bitcoin because I know it will surge for sure.
Many Bitcoin investors didn't envisage that price will go this dip, and now it's happening, if anyone has the funds to buy now, they don't need to hesitate and hoping that price will dip further, because the market is volatile, you don't know when price will start rallying upward. So the point is that now is a very good time to buy, nobody knows tomorrow, that is why I tell my friends that people that diligently do DCA method, don't worry about price speculations on the short term. Halving has come and gone, and from research I know that bull run will follow, only that we don't know when it'll start, so any dip during bull run build up is a good time to buy Bitcoin.
It seems that You have gained good understanding of Bitcoin and other cryptocurrencies market dynamics, and what I learned over 7years of navigating this landscape that always expect what is not expected, it comes with new surprise every other day. This is how it is and this way it presents chances to seize assets what you had previously missed out. We need to remain adaptable and ready to capitalize on unexpected opportunities as they rise.
Everyone should, but if there's someone who can take advantage of this dip because of having nothing, you need to prepare for it. Who knows if this is the last dip that we have to go through and then the market will be up again for the bull run. There are certain things that we need to prepare for because no one will know if this dip is likely the start of the recovery afterward. We will see if there's a speedy recovery for the market and entirely with it, once BTC recovers, alts will be up too.
Many Bitcoin investors didn't envisage that price will go this dip, and now it's happening, if anyone has the funds to buy now, they don't need to hesitate and hoping that price will dip further, because the market is volatile, you don't know when price will start rallying upward. So the point is that now is a very good time to buy, nobody knows tomorrow, that is why I tell my friends that people that diligently do DCA method, don't worry about price speculations on the short term. Halving has come and gone, and from research I know that bull run will follow, only that we don't know when it'll start, so any dip during bull run build up is a good time to buy Bitcoin. Many people will be alarmed by the decline of bitcoin but do not be that person and look at this as an opportunity. A good investor always finds an opportunity.
Absolutely, the new comers in cryptocurrencies market lose their confidence when they see Bitcoin falling 10% or more but experienced investors understand well that volatility of crypto market is it its inherent nature, and they consider it opportunity for accumulating Bitcoin on every significant dip to reduce their overall cost of investment, and ultimately book substantial profit in bullish market.
For the benefits of those that have already invested on the crypto as of recent when the market goes bearish down below $60,000 and invested, they would have realized little on their investments as we already have the market around $59,100 earlier today and there is every possibility that we cross over $60,000 any moment from now, this is why it is very important for us to make an investment and hold, because we are going to realized a bull market soon any every occuring bear market, only if we can hold
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