Topic: Bear Market Opportunities - Forget "When Lambo" - page 2. (Read 365 times)
Well, when things get tough again, investing to make a return won't be the way we dream a lot. I can see it's like a time ago when people could make investments bringing x10 returns. It is easy to spend comfortably. And now the loss makes us tight-lipped, and we shouldn't dream of getting rich quickly just by buying some crypto as a way to disguise the lottery games.
Bitcoin is already stuck at $20000 and we know many experts say $20000 is strong support,
and this is the time for us all to unite!, to be able to reach the goal of $100k next year we have to buy Bitcoin at $20k,
and don't sell it below $20 k, of course we can if we all unite for it
bitcoin value this time is something we supposed to keep or hold targeting the acceleration. I Sense that since the falling started a got to twenty thousand (20k) it can not resist it, or breakdown again below twenty thousand. From what i observe over it's strong in twenty thousand values. I don't think the speculation and prediction of people over it's going back to thirteen thousand (13k) will come to accomplish. and this is the time for us all to unite!, to be able to reach the goal of $100k next year we have to buy Bitcoin at $20k,
and don't sell it below $20 k, of course we can if we all unite for it
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We all know Bitcoin in the long term is only going one way
No way. Sure thing that btc can go up but there's always a way that the price can nose dive like on what we witnessed on the 2017-2018, and also on 2021 and from this current year where the price supposed to be at 69k but now it fell to 20k. The same thing can also happen in the future.Before, on the 2018 bear, many people didn't take the opportunity because they are still new to it and I think that was the first big crash ever recorded in the history of cryptos so people are too sceptical that time if btc will recover or its already the end of it but now that they figured out that btc kina undying or immortal, old timers won't miss any opportunities anymore.
assure on what would be the future looks like.For those who hesitated then they had missed out the opportunity but for those whom do still trust that the market would be giving out another good pump or ATH
then they are the ones who do make out profits but as expected where corrections could really happen.It might not happened directly or instantly but there are really days or season where market is really heading to the floor
which is something that we arent really anticipating for it to happen or we do anticipate but we didnt really expect that it would really be going that too low.
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We all know Bitcoin in the long term is only going one way
No way. Sure thing that btc can go up but there's always a way that the price can nose dive like on what we witnessed on the 2017-2018, and also on 2021 and from this current year where the price supposed to be at 69k but now it fell to 20k. The same thing can also happen in the future.Before, on the 2018 bear, many people didn't take the opportunity because they are still new to it and I think that was the first big crash ever recorded in the history of cryptos so people are too sceptical that time if btc will recover or its already the end of it but now that they figured out that btc kina undying or immortal, old timers won't miss any opportunities anymore.
Unfortunately, people in investing swim against the trend, meaning that they sell when everyone panics and buy when everyone is greedy. I remember that many people were willing to invest because they saw their friends making a free and quick profit by investing in Bitcoin and now they are afraid because they see those friends losing their money.
Therefore, if feelings control you, it is better for you to follow a safe strategy such as average costs, otherwise you should buy and forget what you have.
Therefore, if feelings control you, it is better for you to follow a safe strategy such as average costs, otherwise you should buy and forget what you have.
Everyone has a mark at such time they panic to BUY Bitcoin, at what price is your
"sell everything to BUY Bitcoin" mark?
"sell everything to BUY Bitcoin" mark?
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. Panic is for beginners and those who change their minds every 5 minutes, and such are unfortunately the majority in the crypto market. Buy BTC whenever you have excess money, or save money for the moment a big crash happens, it’s all a matter of choice and self-control.
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Bear Market Opportunities - Forget "When Lambo"
Those who want Lambo should start working on it right now, because there may not be a better time than this - realistically in 2-3 years 1 BTC could reach the magical $100k.
And another bearish thread calling for $13k or $10K. Seems every thread these days on bitcointalk and crypto Twitter is predicting how Bitcoin will crash below $10k.
This sentiment is completely opposite of even 1 month ago when we were at $30K. Back then nobody assumed that $20K would touch or even break. People were still bullish and now everyone is bitter and bearish.
This sentiment is completely opposite of even 1 month ago when we were at $30K. Back then nobody assumed that $20K would touch or even break. People were still bullish and now everyone is bitter and bearish.
Honestly that's how I prefer it, really. Flush, purge, whatever it takes for us to get back on track. And really it's when times are the darkest and the naysayers get all hot and heavy is when we get some strength of a rally.
Case in point last month indeed, at $30k. Every analyst and his mom were having various levels of 40-90k.
basically this is a three for one sale
actually a bit better.
23k 3x = 69k
and we are 21 k so more like 3.2 for 1
I will buy more next week.
i got in at 17.7 ,18.9 ,19.9
actually a bit better.
23k 3x = 69k
and we are 21 k so more like 3.2 for 1
I will buy more next week.
i got in at 17.7 ,18.9 ,19.9
Yeah, am piling in more work than I normally think is healthy for me too, at least short term until end of the year and then see if I'm not too stressed. So that's essentially me packing up to "buy" more -- so my last tranche was 20.5, not too bad. missed the sub-20 dips but suspect next week when I next request I might get some of that lovely discount action.
Everyone has a mark at such time they panic to BUY Bitcoin, at what price is your
"sell everything to BUY Bitcoin" mark?
"sell everything to BUY Bitcoin" mark?
It would probably be around $12K, as this would be around 83% correction, but I also doubt we'll see these prices, especially if $17.5K will hold in the coming weeks/months. I also find the "sell everything to buy Bitcoin price" to be relatively useless. For me in 2018 it was in the $1K-$2K region, but this never happened as price only reached $3.2K. Instead I was a buyer when a breakout was confirmed at $5K.
I think most investors these days prefer to play it safe, and we'll either see heavy buying pressure if price capitulates further to $10K, or otherwise buyers will step in back aove $25K. After all, it's a lot safer buying into a confirmed recovery and trend change, as opposed to trying to buy a falling knife. Not to mention DCA during a bear market to be reliable in order to get an average price.
Personally I preferred having an average price of $6K to $8K during the bear market of 2018/2019, rather than buying $4K and holding for the duration, with price reaching $14K as well as returning to $4K...
Getting rich is not about golden opportunities, but about how to seize them.
Bitcoin is already stuck at $20000 and we know many experts say $20000 is strong support,
and this is the time for us all to unite!, to be able to reach the goal of $100k next year we have to buy Bitcoin at $20k,
and don't sell it below $20 k, of course we can if we all unite for it
and this is the time for us all to unite!, to be able to reach the goal of $100k next year we have to buy Bitcoin at $20k,
and don't sell it below $20 k, of course we can if we all unite for it
Yeah tell that to paper hands, they seem to enjoy selling low and buying high, except an investors has a pressing needs that requires money which will compel them to sell now, i really do not see the essence of selling at 20k when we know the possibility of btc reaching another ath is very high, it is not as if the bear market brought an end to btc, why some investors are too afraid to hold!
Unfortunately, this is a free market and everybody are free to do what they want, but i do know that selling low and buying back at a high price is not the best approach to attain financial freedom.
Bitcoin is already stuck at $20000 and we know many experts say $20000 is strong support,
and this is the time for us all to unite!, to be able to reach the goal of $100k next year we have to buy Bitcoin at $20k,
and don't sell it below $20 k, of course we can if we all unite for it
and this is the time for us all to unite!, to be able to reach the goal of $100k next year we have to buy Bitcoin at $20k,
and don't sell it below $20 k, of course we can if we all unite for it
The bear market this time is completely different from previous years, as in the past, the bitcoin price was corrected independently of the entire global monetary system, meaning there was no energy crisis, interest rates, food crises, fuel price hikes, and an upcoming recession all factors that make the available cash in Your hand is little to invest, meaning I want to invest, but there is not enough surplus to invest, although I know that it is the golden opportunity to invest.
Getting rich is not about golden opportunities, but about how to seize them.
Getting rich is not about golden opportunities, but about how to seize them.
The statements we see on the internet are mostly random made by people who make them according to their hopes and dreams and the direction that bitcoin is going. For example the "When Lambo" statements always come out when price is on the rise and the examples you mentioned about "$13k, $10k, etc." come out when there is a drop and they wish for a bigger one. We had that when price was $3k too when people kept talking about $1k and below just because they wished for it!
The market is not for everyone, skeptics and advocates alike, as part of a way to drive prices up over time. Those who are not fortunate enough or precise enough in their understanding suffer losses and are psychologically dominated in this space. On the other hand, those who have been and are making profits in this market will find everything easy about the past. My view is also simple about the present life that I am seeing, experiencing, and experiencing. See if it really is. Fantasy life in the future will be very multidimensional and dynamic, so do your best in the present.
Realise I'm replying late down here but the thing though with a "sell everything and the kitchen sink" mentality, you're usually a right fit for the Wen Lambo group as well.
The guys doing their daily rounds faithfully in this forum are probably DCA-ing one way or other (I am too, in a roundabout way without actually buying), and $4000 was exciting, sure, but it didn't trigger any riskier behaviour. If you're not really affected by FOMO than you're also not really into digging additional holes.
DCA's already pretty much perfection. My 2 satoshi.
The guys doing their daily rounds faithfully in this forum are probably DCA-ing one way or other (I am too, in a roundabout way without actually buying), and $4000 was exciting, sure, but it didn't trigger any riskier behaviour. If you're not really affected by FOMO than you're also not really into digging additional holes.
DCA's already pretty much perfection. My 2 satoshi.
basically this is a three for one sale
actually a bit better.
23k 3x = 69k
and we are 21 k so more like 3.2 for 1
I will buy more next week.
i got in at 17.7 ,18.9 ,19.9
And another bearish thread calling for $13k or $10K. Seems every thread these days on bitcointalk and crypto Twitter is predicting how Bitcoin will crash below $10k.
This sentiment is completely opposite of even 1 month ago when we were at $30K. Back then nobody assumed that $20K would touch or even break. People were still bullish and now everyone is bitter and bearish.
This sentiment is completely opposite of even 1 month ago when we were at $30K. Back then nobody assumed that $20K would touch or even break. People were still bullish and now everyone is bitter and bearish.
I remember when I joined the road of this forum, I also heard of this when lambo but I didn't understand it immediately until a time I started picking the reason. During the time I heard bitcoin when lambo the price was still very cheap below $1k in that time but many people did procrastination on it as they do also mow and delaying the investment. Soon in 2017 that time around the second quarter, the time it was last quarter, the price has already announced bitcoin because it went as high as $17k before it eventually increased more at the last month. Now also it is looking like the same, buying cheap is equivalent to lambo depending on the measure of risk taken.
I guess history does repeat itself but in a different way such as the price difference but it's still the same in a way where the price is still higher than the last ATH in previous bull run. Some people doesn't really know how to find the positive side of what they thought would be negative, of course there's always a positive side you just have to change your perception on how you see things.Bitcoin is not any other coins that would just continue to pump then suddenly dump almost everything until it gets delisted from the exchange. There are few people who can find opportunities in this situation and that is the people who's in this market for a long time.
We got a reasonable attempt at a turn around in the price. Theres no reason to take BTC as a great thing to avoid, the YEN has really great problems underway and EURO is troubled hence it raises Dollar on balance and makes BTC under pressure when its trying to rise. I do think the price action remains reasonable, nothing worth over reacting to. I remember the prior bad sell offs and now we have alot of global event news but I dont think the situation is greatly altered from prior negative views of BTC.
Stay reasonable, dont overcommit is probably best attitude to maintain
Target upside is about a monthly average, 50 day if you like around 27k. I think we repeat alot for a while but theres opportunities for those keen imo
Stay reasonable, dont overcommit is probably best attitude to maintain
Target upside is about a monthly average, 50 day if you like around 27k. I think we repeat alot for a while but theres opportunities for those keen imo
I remember when I joined the road of this forum, I also heard of this when lambo but I didn't understand it immediately until a time I started picking the reason. During the time I heard bitcoin when lambo the price was still very cheap below $1k in that time but many people did procrastination on it as they do also mow and delaying the investment. Soon in 2017 that time around the second quarter, the time it was last quarter, the price has already announced bitcoin because it went as high as $17k before it eventually increased more at the last month. Now also it is looking like the same, buying cheap is equivalent to lambo depending on the measure of risk taken.
I guess those "When Lambo" group knows how to play in the market already, sure they disappear, but they are having a good laugh and take advantage of those noobs selling right now as they are probably fattening their wallet again and then come out in the next bull run. Those are the smart one, while some are still tinkering and admiring this whale. But they didn't see that the accumulation phase is in the bear market where majority of us does not want to see.
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