Topic: Bear Market Opportunities - Forget "When Lambo" (Read 427 times)
Yesterday i said that when the bitcoin price drops below $20k then i suggest buying more, and said that the price will be easy to get back to $20k, and now it is proven, and i can sell and profit around 6%, but i still I'm sure the price at the end of July could reach at least $22k so I will hold and buy again.
Most people are afraid to buy during this market season but doesn't even hesitate buying at the top when cryptos are going parabolic. They think that the current market condition won't recover anymore with these fuds going on.
While there are others that know this is the perfect time to accumulate and prepare for the next cycle. Once market starts to go up again, these people will just relax waiting for their holdings to reach a new ATH and take profit.
While there are others that know this is the perfect time to accumulate and prepare for the next cycle. Once market starts to go up again, these people will just relax waiting for their holdings to reach a new ATH and take profit.
It involved mental toughness and that is why it is very difficult to hold. And the moment you started to withdraw some stash, then it will set a precedent and goes on and on until all of your bitcoin is gone.
So that is the challenge, easier said that done for the majority, and for sure there are people who always check their portfolio to see how much their investment gain (or lost). So very very hard for us. And with that, I lauded those that able to hold for so many years and not even sell a single sat.
So that is the challenge, easier said that done for the majority, and for sure there are people who always check their portfolio to see how much their investment gain (or lost). So very very hard for us. And with that, I lauded those that able to hold for so many years and not even sell a single sat.
It's very difficult to hold if you investing money that you can’t affor to lose. Many crypto traders put there life savings or most of there salary in crypto as an all-in investment even though they are aware of its volatility. This is why crypto investment such as Bitcoin is really frustrating whenever bear market occur like what happening now. But if we only put an extra money as crypto investment, We don't care what will happened on it in short term because we already accept the fate of our investment win or lose the moment we purchased Bitcoin.
And I wouldn't call it frustrating, he have seen and experience the last bear cycle already. So we should know what to do currently. Just stay relax and then do some DCA, it might help up go over this bear market and at the same time invest on it very slowly.
So while the "When Lambo" crew have disappeared there is a lot of talk about Bitcoin's
This is commonly the word for altcoin projects. I have often heard and read about "when Lambo" in many telegram groups. That is because they don't know whether the project can really rise up exactly or not.But for Bitcoin, we don't need to ask that and utter the words, because we have known and believed that Bitcoin will be skyrocketing someday, after the halving a d in other chance. Bitcoin price is now decreasing signifianlty, but this doesn't stop us to trust in Bitcoin able to rise up. We know that bearish era is not ended yet,t hat is why we must wiat for lite bit longer again. Just buy more to save and hold more
I agree with buwaytrees here, it is usually a very easy thing to do. Some people have trouble with the whole long term holding things. I feel like it is the easiest way to make money, and it just feels like it is the opposite of hard, you literally do nothing while holding, holding is not a thing that you do, it is just the name we call to doing nothing.
There are some people who fail to do it, don't know why and how, but it just feels like they are not good at it at all. I have been doing DCA for a while as well, and I wish I started earlier, I would love to have a lot more right now, if I had money, I would buy bitcoin right now without a worry at all, it is as close to bottom as it gets anyway.
There are some people who fail to do it, don't know why and how, but it just feels like they are not good at it at all. I have been doing DCA for a while as well, and I wish I started earlier, I would love to have a lot more right now, if I had money, I would buy bitcoin right now without a worry at all, it is as close to bottom as it gets anyway.
Holding is a simple task but I don't understand why it becomes difficult for so many people. They enter the market but don't do their research, they're only interested in the short term, not the long term or the money they are investing can be borrowed, so when bitcoin starts to drop 20%-50%, there is panic selling and panic selling increases after bitcoin plummets. If they invest with the idle money they have, maybe things will become easier.
It involved mental toughness and that is why it is very difficult to hold. And the moment you started to withdraw some stash, then it will set a precedent and goes on and on until all of your bitcoin is gone.
So that is the challenge, easier said that done for the majority, and for sure there are people who always check their portfolio to see how much their investment gain (or lost). So very very hard for us. And with that, I lauded those that able to hold for so many years and not even sell a single sat.
I agree with buwaytrees here, it is usually a very easy thing to do. Some people have trouble with the whole long term holding things. I feel like it is the easiest way to make money, and it just feels like it is the opposite of hard, you literally do nothing while holding, holding is not a thing that you do, it is just the name we call to doing nothing.
There are some people who fail to do it, don't know why and how, but it just feels like they are not good at it at all. I have been doing DCA for a while as well, and I wish I started earlier, I would love to have a lot more right now, if I had money, I would buy bitcoin right now without a worry at all, it is as close to bottom as it gets anyway.
There are some people who fail to do it, don't know why and how, but it just feels like they are not good at it at all. I have been doing DCA for a while as well, and I wish I started earlier, I would love to have a lot more right now, if I had money, I would buy bitcoin right now without a worry at all, it is as close to bottom as it gets anyway.
Holding is a simple task but I don't understand why it becomes difficult for so many people. They enter the market but don't do their research, they're only interested in the short term, not the long term or the money they are investing can be borrowed, so when bitcoin starts to drop 20%-50%, there is panic selling and panic selling increases after bitcoin plummets. If they invest with the idle money they have, maybe things will become easier.
We know $69000 is easily achievable and we may not see these prices again after next
year so we have to take these bear market opportunities.
year so we have to take these bear market opportunities.
I wish everyone could think like that and buy at these low prices. However, if everyone think like this, then bitcoin prices will not fell to these prices, isn't?
It will still go down though, no matter what, specially if sellers outnumbered the buyer (whales).
Only the whales and few retail investors do not listen to the market sentiments and buy bitcoin in bear market. These are the people who make maximum profit in the bull season.
It's because they have deep pockets so maybe they have maneuver around and then didn't look at the market sentiments, they just want to buy and fatten their wallet. As compare to us, we always think and ask When Lambo but we didn't take the opportunity to buy when they are still cheap in this bear market. It doesn't mean to buy huge amount, may DCA is a good method to accumulate BTC overtime.
smart people will not forget LAMBO when the market is bearish, but greedy people will forget it,
and he remembers it when the market is Bullish, because it is very easy to get profit in a Bullish market than during a bear market like today,
but we must also remember ! that when bearish price becomes cheap, and that's our chance to get LAMBO!
It is a sort of encouraging view of the market as thinking about Lambo makes them work hard. However, it was not the real situation we've seen, more people have failed because for some reason, and he remembers it when the market is Bullish, because it is very easy to get profit in a Bullish market than during a bear market like today,
but we must also remember ! that when bearish price becomes cheap, and that's our chance to get LAMBO!
* fail to adopt the nature of the market
* fail to commit their goal/plan
* change of mindset
Yes, I think we need to give up thinking "when Lambo" as in ourselves we can't commit to achieving it. We can't just be a dreamer... as it only happens of we work hard and have a positive mindset.
smart people will not forget LAMBO when the market is bearish, but greedy people will forget it,
and he remembers it when the market is Bullish, because it is very easy to get profit in a Bullish market than during a bear market like today,
but we must also remember ! that when bearish price becomes cheap, and that's our chance to get LAMBO!
Getting hyped about profits when everything is going up 10% per day is easy, doing that requires no brain and no talent and no skill. You will be able to turn your few thousand dollars in to couple tens of thousands of dollars during that period and you will be super happy.and he remembers it when the market is Bullish, because it is very easy to get profit in a Bullish market than during a bear market like today,
but we must also remember ! that when bearish price becomes cheap, and that's our chance to get LAMBO!
However, turning your few thousands into retirement amount of money that allows you to never work again? That requires you to be hyped about the bear markets, because you won't just turn your 5k into 50k, you will turn that into 500k when the time comes. You will be investing not only into bitcoin, but you will make so much profit from bitcoin then you will spread it around in alts and make that kind of return as well.
10% loss
moving sideways
These are the things which we can really called a normal day in crypto or in just simply talking with Bitcoin and with that kind of volatility then this is where people do make money
and also losses out if they arent able to make themselves enter on the right time.Thinking about huge profits or income with this market is not something recommendable
because it would really be creating out that kind of desperation which isnt a must thing to have as an investor or crypto trader.
So while the "When Lambo" crew have disappeared there is a lot of talk about Bitcoin's
market value falling further, $13k, $10k and beyond.
Think back to 2017 The ATH at the end of the year was ~$19700
Think back 1 year after to 2018 Bitcoin fell to under $4000
We all know Bitcoin in the long term is only going one way, and thats up but most of us
didnt take the opportunities presented to us like in 2018, $4000 for a Bitcoin is now
a "sell everything" to buy Bitcoinprice.
Everyone has a mark at such time they panic to BUY Bitcoin, at what price is your
"sell everything to BUY Bitcoin" mark?
We know $69000 is easily achievable and we may not see these prices again after next
year so we have to take these bear market opportunities.
Yes, forget about "when lambo" as it's not happening soon as this year is gonna be more bearish than bullish. And it may take even a year for the market to recover. However, this the best time to take advantage on the opportunities coming in the market through maximum purchase of bitcoin and hold them for long term. That way, we can still prepare ourselves for a certain "when lambo" in the future. So stay out of panic and keep buying. market value falling further, $13k, $10k and beyond.
Think back to 2017 The ATH at the end of the year was ~$19700
Think back 1 year after to 2018 Bitcoin fell to under $4000
We all know Bitcoin in the long term is only going one way, and thats up but most of us
didnt take the opportunities presented to us like in 2018, $4000 for a Bitcoin is now
a "sell everything" to buy Bitcoinprice.
Everyone has a mark at such time they panic to BUY Bitcoin, at what price is your
"sell everything to BUY Bitcoin" mark?
We know $69000 is easily achievable and we may not see these prices again after next
year so we have to take these bear market opportunities.
smart people will not forget LAMBO when the market is bearish, but greedy people will forget it,
and he remembers it when the market is Bullish, because it is very easy to get profit in a Bullish market than during a bear market like today,
but we must also remember ! that when bearish price becomes cheap, and that's our chance to get LAMBO!
Getting hyped about profits when everything is going up 10% per day is easy, doing that requires no brain and no talent and no skill. You will be able to turn your few thousand dollars in to couple tens of thousands of dollars during that period and you will be super happy.and he remembers it when the market is Bullish, because it is very easy to get profit in a Bullish market than during a bear market like today,
but we must also remember ! that when bearish price becomes cheap, and that's our chance to get LAMBO!
However, turning your few thousands into retirement amount of money that allows you to never work again? That requires you to be hyped about the bear markets, because you won't just turn your 5k into 50k, you will turn that into 500k when the time comes. You will be investing not only into bitcoin, but you will make so much profit from bitcoin then you will spread it around in alts and make that kind of return as well.
smart people will not forget LAMBO when the market is bearish, but greedy people will forget it,
and he remembers it when the market is Bullish, because it is very easy to get profit in a Bullish market than during a bear market like today,
but we must also remember ! that when bearish price becomes cheap, and that's our chance to get LAMBO!
and he remembers it when the market is Bullish, because it is very easy to get profit in a Bullish market than during a bear market like today,
but we must also remember ! that when bearish price becomes cheap, and that's our chance to get LAMBO!
DCA is the best strategy at these times, I think this is the best strategy after holding in a bear market, some people think that bitcoin will fall more so they prefer to wait and not buy now but they will regret a lot if the price goes up because they missed a valuable opportunity, the market maker uses a lot of games To influence the psychological behavior of weak traders, but the traders who have enough experience have a good knowledge of all these methods and they will not be affected by all these terms that are spread on the Internet very quickly, so they follow one policy “Hold” because they know that Bitcoin has one direction to the top on the the long term.
DCA allows people to do exactly that. You could buy here, and even if you think that it could go down, then you could buy some more when the price drops. This means that if you end up buying here, and it goes up, you are profiting, if you buy here and it goes down then you will buy some more, it works out in every direction and it is great.I did it, I have been doing this for the past 2-3 years, I have made a great profit, and I will probably keep on going strong, my profit is not great right now, but if I sold at 68k then I would have made a lot of money, like a car amount of money, but I didn't because I believe that if I keep on buying, then eventually it will be house worthy and not a car one.
We know $69000 is easily achievable and we may not see these prices again after next
year so we have to take these bear market opportunities.
year so we have to take these bear market opportunities.
I wish everyone could think like that and buy at these low prices. However, if everyone think like this, then bitcoin prices will not fell to these prices, isn't?
Only the whales and few retail investors do not listen to the market sentiments and buy bitcoin in bear market. These are the people who make maximum profit in the bull season.
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Everyone has a mark at such time they panic to BUY Bitcoin, at what price is your
"sell everything to BUY Bitcoin" mark?
We know $69000 is easily achievable and we may not see these prices again after next
year so we have to take these bear market opportunities.
"sell everything to BUY Bitcoin" mark?
We know $69000 is easily achievable and we may not see these prices again after next
year so we have to take these bear market opportunities.
I would never sell everything to buy bitcoin. What is clear is that times like this, if you buy thinking about holding for many years, are good times to buy. To sell, I would say that in the next cycle, when it clearly passes 100,000 USD, it would be a good time to take partial profit-taking.
I am talking about always staying invested in Bitcoin for the long term but taking advantage of the ups and downs to buy cheap or cash in profits.
I think it's because a lot of us are so scared of the price going downhill that we don't buy as much bitcoin. And when the price starts to creep up, we think that the price will increase again and do nothing.
After the price of bitcoin can increase twice, then we get ready to buy but it turns out that the price has corrected and dropped down again. It makes us not doing anything and just watch to the market without making any purchases. And when the price of bitcoin gets a pump again and goes higher, while we don't do anything, that's when we just realize that the price is getting a rally to a higher price and it's all happening fast. And finally the price can reach new ATH.
But no one will know when the price will reach the bottom price and the new ATH. We can only predict without knowing the truth.
After the price of bitcoin can increase twice, then we get ready to buy but it turns out that the price has corrected and dropped down again. It makes us not doing anything and just watch to the market without making any purchases. And when the price of bitcoin gets a pump again and goes higher, while we don't do anything, that's when we just realize that the price is getting a rally to a higher price and it's all happening fast. And finally the price can reach new ATH.
But no one will know when the price will reach the bottom price and the new ATH. We can only predict without knowing the truth.
Pretty sure 2021 bull market wasn’t When Lambo, that was the one prior in 2017 that made the term popular. This cycle was all about the NFT and Defi craze and people had crazy predictions such as $250K or $1M bitcoin. I think most were aiming higher than Lamborghini.
Every cycle is like this. You know the top is near if wherever you go everyone is talking about crypto,
Uber drivers, your grandma, etc. You walk around and glance at peoples phones and they got their TradingView or Binance app running. You know it’s going to top soon.
Every cycle is like this. You know the top is near if wherever you go everyone is talking about crypto,
Uber drivers, your grandma, etc. You walk around and glance at peoples phones and they got their TradingView or Binance app running. You know it’s going to top soon.
For someone who was here when the price of 1 BTC was only $200 I see no reason to even think that there is such a moment when I should think it’s time to sell everything and invest in Bitcoin.
That has to be a genuine effect because Bitcoin does have people who've been around years and remember the hype when it got to 1000. Same kind of hype as every other peak, then it falls back and we repeat. Even if it is 20k or lower its still high for anyone who been paying attention for then a year or two.
DCA is the simple idea and allows hands off less emotional involvement. Since 20k pricing cannot fall more then we already lost from ATH, you also cannot be more bearish at this point then you should have been prior.
For someone who was here when the price of 1 BTC was only $200 I see no reason to even think that there is such a moment when I should think it’s time to sell everything and invest in Bitcoin.
That has to be a genuine effect because Bitcoin does have people who've been around years and remember the hype when it got to 1000. Same kind of hype as every other peak, then it falls back and we repeat. Even if it is 20k or lower its still high for anyone who been paying attention for then a year or two.
DCA is the simple idea and allows hands off less emotional involvement. Since 20k pricing cannot fall more then we already lost from ATH, you also cannot be more bearish at this point then you should have been prior.
DCA is the best strategy at these times, I think this is the best strategy after holding in a bear market, some people think that bitcoin will fall more so they prefer to wait and not buy now but they will regret a lot if the price goes up because they missed a valuable opportunity, the market maker uses a lot of games To influence the psychological behavior of weak traders, but the traders who have enough experience have a good knowledge of all these methods and they will not be affected by all these terms that are spread on the Internet very quickly, so they follow one policy “Hold” because they know that Bitcoin has one direction to the top on the the long term.
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