Are you taking advantage of this red market? - page 4.

Hypnosis00

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Quote from: R1dwanRz on May 01, 2024, 09:52:16 AM

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.

Can't say this is the perfect time as it is nowhere to be found but instead, consider this a chance as this is not the usual happening in the market after halving. Although it was hard to assume what would happen next but I was too positive that it would skyrocket. So take this offer and leave no doubts about the future instead, keep optimistic and I know, this decision will never be regretful.

Buying at $58k and waiting for the new ATH, just to assume that it will reach $80k, it is a huge profit indeed. And this is not impossible in the sense that we are still in the bullish state.

tengui

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I also think so, when the halving started the price of bitcoin actually tended to fall. I asked around and tried to find information about the decline in the price of bitcoin because normally when the halving starts the price of bitcoin will rise drastically. Some people argue that the decline in bitcoin prices occurred because many miners sold the bitcoins they had and this was because bitcoin rewards were reduced and did not cover mining costs. I emphasize once again that this is just speculation!

makishart

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Quote from: R1dwanRz on May 01, 2024, 09:52:16 AM

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.

BTC faces the biggest outflow last day. No doubt that if it was triggering the price dumped a lot. It's slowly recovering but im not really sure if the dump is already end.

Quote from: R1dwanRz on May 01, 2024, 09:52:16 AM

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.

True but it's not bouncing a lot. It's not even closer to the 59k again. Im still worrying the market to be dumped even further in the upcoming weeks. I have bought dip but i have sold it once bitcoin reached 58k. It's still worrying me to hold it for long term. It sems hard for bitcoin to achieve 60k again.

Quote from: R1dwanRz on May 01, 2024, 09:52:16 AM

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.

It's good to use bitget as long as you will never touch bitget wallet.

Quote from: R1dwanRz on May 01, 2024, 09:52:16 AM

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.

Since we have been bouncing back and the opportunity has gone. It's quite risky to take it now.

Sayeds56

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Quote from: R1dwanRz on May 01, 2024, 09:52:16 AM

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.

It sounds as you have been taking advantage of current downtrend in cryptocurrencies market, specially yesterday when Bitcoin experienced significant volatility falling to below $55,000. Personally, I also accumulated Bitcoin and other prominent alts such as ETH, Solana and Omni coins. The FOMC meeting concluded yesterday with decision to keep interest rate unchanged which is expected to end uncertainty of the market and things will get better in coming days.

AVE5

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Quote from: Stablexcoin on May 01, 2024, 11:17:38 AM

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.

Buying in the Dip is not even about being so good investors. Just understand that cryptocurrencies are highily volatile and the opportunities to buy at the Dip is a lucrative chances to buy a lot of it and hodl for increments in value at the nearest future.
I don't know how technically knowledge you may be about the crypto markets that you've so much expectations for bitcoin to had dropped lesser so soon by the halving at $45,000. You must understand that it's all lucky trials we've all been in predicting about the crypto future occurances. I also hope you ain't one of those sentimental Investors who thought the bull run would take place immediately after the halving because there are speculations that some investors who doesn't know the advantage of the halving in buying on the DCA aren't feeling okay with the current market condition.

Volimack

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As far as I'm concerned it might be better to take advantage of the market turning red and buying cryptocurrencies that fall in price. Investors wait for this period and if the price goes down they hold it and if the price goes up they will make double the profit. The most popular strategy for investors in cryptocurrencies is buy and hold investors hold their crypto investments for the long term during this red market. Investors tend to commit to long-term crypto holdings as part of their financial planning.

Ben Barubal

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It's really a good opportunity when the market is red to take advantage of buying cryptocurrencies that have fallen in price. instead of buying when the price goes up. And this is what most people always do is buy low and sell high.

And this opportunity really should not be missed, instead we should find a way to buy while its price is cheap in the market.

peter0425

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Quote from: ndutndut on May 01, 2024, 04:48:48 PM

This low price opportunity can be exploited, even though we don't know how far this decline will go,

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.

btc78

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Quote from: R1dwanRz on May 01, 2024, 09:52:16 AM

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.

Whatever the reasons might be, we should take well advantage of what we are presented with. This is finally the opportunity that we are all waiting for. We can now buy bitcoin in a much cheaper price. So truthfully the reason isn’t that important for me.

Quote

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.

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.

ndutndut

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This low price opportunity can be exploited, even though we don't know how far this decline will go, but we must be prepared to face risks in the future, continue to carry out DCA on Bitcoin and do research on altcoins. So use cold money to buy because it's on sale, but you still have to be mentally strong.

I like pullbacks in bull markets, more buying opportunities. The upward trend in the last few months has made me uncomfortable and anxious because I haven't bought much at low prices. The point is, in a bearish season like this, stay safe, keep doing regular DCA on altcoins with good fundamentals, avoid panic, and don't store all your assets in one egg.

terrific

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Quote from: R1dwanRz on May 01, 2024, 09:52:16 AM

I am also currently trading some BTC and ETH in a trade to mine event on Bitget to earn some BGB rewards.

I think this is your main concern but still, a good thread though about it because it's timely. Those that forget to take advantage of this time.
You have to get into the market while it's down because it won't take long until it recovers. I'm not expecting a quick skyrocket but recovery won't be that long.

ajiz138

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Quote from: R1dwanRz on May 01, 2024, 09:52:16 AM

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.

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.

Ndabagi01

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This market cannot be foreseen and you can’t tell when the dip is dipped to bottom already. You just have to take advantage of them as they keep coming. If you’re an investor that have not reached your targeted goal for any coin, these are the right moments to jump into the market. You can use the DCA method to employ this opportunity so that it doesn’t pass you by. Opportunities like this comes ones soemtimes, they could be more to this or it will be the deepest before the bull run begins. This is an excellent buying opportunity and those that made use of it can average their portfolio to a more average price for each coin they’ve bought into their portfolios.

Nwada001

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Every unexpected price dump in the market brings about two things: 1 fear in the minds of those who are just looking for an excuse not to buy bitcoin, and 2 a buying opportunity for those who have enough money to still stack their wallet with more bitcoin.

Even if the bitcoin price drops to $10,000 today, there are people who will still say the price is still too high, and they will want it to go down even more before they can invest in it. A lot of them might never buy a single unit of bitcoin because of procrastination; some only end up buying it in their minds.

This is not the first time such is happening in the market, and this won't be the last either. Those who have enough money can start buying, but they should still proceed with caution. The price might go down below this before it recovers again. We never can tell, but whatever the case, maybe the goal is to hold strong until we see our targeted price.

DiMarxist

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Quote from: SATWAT on May 01, 2024, 02:39:12 PM

Even we all well know about this market and things which are happening around but still many are not interested to enjoy this dip with you are brave enough to buying things on current price because I have strong feeling we are going to have jump which will bring better opportunities to buy.
With mostly are feeling this all is hanging around due to whales are trying to catch their own targets which are usually done by them before or after any big event so same happen but still I have believed we are going to have more down in market with few weeks will be needed to fight back or having better level so never do anything in hurry just keep eyes and try to catch better price.

Most of them are afraid that the price will go below like this and they would lost fund and probably those people are the short term investors. So they might not like the market full with red lines and will not have that mind to invest but will be interested to invest when the market shows green again. And you will see that once this market shows green for one day, you will see that many people will invest in it.
They just don't want to invest when the is going down steady and now that the price has gone down, many people will invest but they should not think if investing foe short term because the market is volatile.

Rengga Jati

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Any news or negative news or issues will definitely have an impact on the market, whether the impact is only small or quite large. and this time, really, the market went down and down a lot. even a much bigger drop than I imagined. And if we look at how the current market is going and in the future, I personally still really believe that the bullrun still exists.

So, as long as there is still an opportunity to take advantage of buying more coins at a cheaper price during this drop and we also have the funds, why not? Isn't this actually something that is quite profitable for anyone who wants to accumulate more crypto at this very affordable and cheaper price? as long as you stay calm and don't panic too much.

o48o

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Quote from: JeromeTash on May 01, 2024, 12:31:40 PM

The dip is always hard to catch, though. It's hard to tell how far deep the market will drop. We could be thinking this is it ($56K ~ $57K) only for it to drop further to $40K but generally red markets are a good time to buy coins at discounts

My focus in altcoins is Solana. An easy 100% from the current price ($125) if the market trend turns major bullish, and it attempts to go past its previous all-time high.

I would argue that bottom is hard to catch, but dip itself isn't. I mean that it's happening right now, just buying now we are buying the dip.

And since we are in long term bull run anyway, and people buy the trend, it's a no brainer when we scale back enough and look at the trend. Only people who are trading with leverage are scared, and that's understandable. But spot buyers and bag holders... I don't know why would they panic sell anything now. instead they are probably looking for more capital to put into alts.

And then there are nocoiners that are waiting for the next ath to fomo and buy. They will be giving fuel for the next moon rocket.

SATWAT

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Quote from: DiMarxist on May 01, 2024, 02:29:24 PM

Yes of course, I just acquired some Bitcoins today to my portfolio. This is an another opportunity to fill the wallet. But not everyone that is interested to invest before can invest now because they might not have enough funds to invest and family problems might not allow them to invest. But there is still time for people to invest.
Let all those investors that are interested to invest now should save funds. The market is getting red everyday.

Even we all well know about this market and things which are happening around but still many are not interested to enjoy this dip with you are brave enough to buying things on current price because I have strong feeling we are going to have jump which will bring better opportunities to buy.
With mostly are feeling this all is hanging around due to whales are trying to catch their own targets which are usually done by them before or after any big event so same happen but still I have believed we are going to have more down in market with few weeks will be needed to fight back or having better level so never do anything in hurry just keep eyes and try to catch better price.

DiMarxist

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Yes of course, I just acquired some Bitcoins today to my portfolio. This is an another opportunity to fill the wallet. But not everyone that is interested to invest before can invest now because they might not have enough funds to invest and family problems might not allow them to invest. But there is still time for people to invest.
Let all those investors that are interested to invest now should save funds. The market is getting red everyday.

Kelvinid

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Maybe some investors never see it as a good time, I think they should take this into consideration believing that every market correction is an opportunity for buying. Corrections are expected after a pump but this won't take so long as we are in the bull season. But if we have accumulated enough already, then better stay calm and wait as it will certainly be recovering.

Keeping ourselves aware of the current situation helps us decide what is the best thing to do next whether to buy more or just hold. But yes, I would say this will be a good chance for those who have not yet at least, we ain't missed a chance for the new ATH.

Topic: Are you taking advantage of this red market? - page 4. (Read 722 times)