Topic: Best time for me to buy - page 17. (Read 6608 times)
If we want to profit then following the advice of experts is important, most of what we hear is to buy low and sell high, if now is a low price then the time to buy, after buying then the best thing is to wait for the right time to sell or if we want greater profit, so I suggest for long -term hold.
I will advice buyers to hold on a little more the price might still further because the chat is forming series of higher lows and lower highs with no picture of correction any time soon. For me i am waiting patiently for a fall below $15k to take my entry point unless there is a new bullish trend before i result to plan B of buying when the new trend is fully formed.
I think it will even go lower then 15k, however there are no certainties in this game.
Makes me wondering what will happen with the stock market, because what i've seen btc doesn't seems a hedge like gold, but follows stocks more then gold.
With the current market unrest i think the stock market will lead bitcoin's, and crypto's way...
I'm sure the global crisis will effect Bitcoin. We're already seeing it with some companies having difficulty raising funds to meet their liquidity needs. If things continue to get worse and a global recession takes hold like many think it will, we could see massive downward pressure on Bitcoin. Everything is temporary though. This time it seems like a recession is lining up perfectly with Bitcoin's 4-year cycle to create a massive buying opportunity. Sure, we might dip another 50% from here, but I'm pretty sure we'll be up >350% 3 years from now when all of this is behind us. That's a good risk/reward opportunity to dollar cost average in my opinion.
I will advice buyers to hold on a little more the price might still further because the chat is forming series of higher lows and lower highs with no picture of correction any time soon. For me i am waiting patiently for a fall below $15k to take my entry point unless there is a new bullish trend before i result to plan B of buying when the new trend is fully formed.
I think it will even go lower then 15k, however there are no certainties in this game.
Makes me wondering what will happen with the stock market, because what i've seen btc doesn't seems a hedge like gold, but follows stocks more then gold.
With the current market unrest i think the stock market will lead bitcoin's, and crypto's way...
If we want to profit in a short time or a maximum of 3 days then now is the time to buy, I have often bought when the price of Bitcoin dropped in a few days, especially since it was a week the price of Bitcoin Red then in 2 or 3 days it is likely that the price will skyrocket again.
This strategy can be used to get a smaller profit when the market situation is in the red zone to buy bitcoin. but if the target wants to get a big profit it's better not to trade in 2 or 3 days because if the price will continue to skyrocket then you will miss the opportunity to get a bigger profit.But, when you buy now it is more like "buy now for 20k, you can sell for 23k, or it could go to 10k" and that is not really reasonable for people to hope for. Hence either you do small day trade for minutes, or you hold for years, those are the only logical options that make sense to me.
One have to be watchful as we buy more bitcoin, the way the market is going down it seem the market will still go down dip. It is never still bad to buy bitcoin at its current price if you still believe in bitcoin and can have patience with bitcoin for the price to comes up . Let the emotion decide if it is okay to buy because of volatility.
Today the price goes up more than 5%, and hopefully there is no negative sentiment that makes the price will drop, I'm worried that if the price drops below $ 20k it will continue red and difficult to rise again, if 2 or 3 more days the price can reach $ 25k then I am optimistic that the price of Bitcoin will continue to rise and return to $ 40 no later than July.
I will advice buyers to hold on a little more the price might still further because the chat is forming series of higher lows and lower highs with no picture of correction any time soon. For me i am waiting patiently for a fall below $15k to take my entry point unless there is a new bullish trend before i result to plan B of buying when the new trend is fully formed.
I think it will even go lower then 15k, however there are no certainties in this game.
Makes me wondering what will happen with the stock market, because what i've seen btc doesn't seems a hedge like gold, but follows stocks more then gold.
With the current market unrest i think the stock market will lead bitcoin's, and crypto's way...
In my opinion, your plan is not good when you buy bitcoin at a price of $40k because currently the price of bitcoin continues to decline where currently bitcoin is trading at a price of $19k-$18k. Whereas if you are a little more patient you have the opportunity to buy at the current price so when the price goes back up to around $40k maybe you can sell it for a 40% profit. But if you buy at $40k maybe you need a long time to sell at a high price because looking at the current state of the crypto market it seems it will take a long time to rebound back to prices above $40k.
That is true, patience will get people to wait and profit in the long run, it is going to take a while but it could happen. People are worried that it may be wrong time to buy right now and it could go down a bit more and maybe it will go down a bit more who knows.But at the same time, we are talking about something that is obviously not a big deal when the price reaches high levels, if you profit then you profit and there is no need to be greedy in a bear market because you may miss it out. I am not saying that the price will suddenly be 100k tomorrow when you wake up, it won't, but at the same time if you keep on waiting, you will miss out on the bottom eventually.
Despite no serious bull in the market for sometime, I am thinking to buy more because the price at which bitcoin is right now I can be able to afford it. I planned buying when the price was at 40$ , the amount of bitcoin I planned to buy is a small quantity which if the market eventually go dip i may lost 30% of it. But now I feel even if I buy and it goes dip it wont go dipper the way the price is now. What do you think about my plan?
In my opinion, your plan is not good when you buy bitcoin at a price of $40k because currently the price of bitcoin continues to decline where currently bitcoin is trading at a price of $19k-$18k. Whereas if you are a little more patient you have the opportunity to buy at the current price so when the price goes back up to around $40k maybe you can sell it for a 40% profit. But if you buy at $40k maybe you need a long time to sell at a high price because looking at the current state of the crypto market it seems it will take a long time to rebound back to prices above $40k.
I will advice buyers to hold on a little more the price might still further because the chat is forming series of higher lows and lower highs with no picture of correction any time soon. For me i am waiting patiently for a fall below $15k to take my entry point unless there is a new bullish trend before i result to plan B of buying when the new trend is fully formed.
Successful investors see a good opportunity to buy more when the market is red as it is today, maybe many are afraid because of the opportunity for prices to continue to fall, but if we don't buy immediately and continue to be afraid, we will never start calculating profits.
If we want to profit in a short time or a maximum of 3 days then now is the time to buy, I have often bought when the price of Bitcoin dropped in a few days, especially since it was a week the price of Bitcoin Red then in 2 or 3 days it is likely that the price will skyrocket again.
This strategy can be used to get a smaller profit when the market situation is in the red zone to buy bitcoin. but if the target wants to get a big profit it's better not to trade in 2 or 3 days because if the price will continue to skyrocket then you will miss the opportunity to get a bigger profit.
One have to be watchful as we buy more bitcoin, the way the market is going down it seem the market will still go down dip. It is never still bad to buy bitcoin at its current price if you still believe in bitcoin and can have patience with bitcoin for the price to comes up . Let the emotion decide if it is okay to buy because of volatility.
Today the price goes up more than 5%, and hopefully there is no negative sentiment that makes the price will drop, I'm worried that if the price drops below $ 20k it will continue red and difficult to rise again, if 2 or 3 more days the price can reach $ 25k then I am optimistic that the price of Bitcoin will continue to rise and return to $ 40 no later than July.
but what is the difference of increasing now or increasing tomorrow when the price up by small margin?
this is not what we wanted in Bitcoin and other cryptocurrency.
Yah, its the right time to invest more on crypto currencies especially on Bitcoin and on other top currencies as they are much cheaper now. At times, people say, any time is the right time to invest on crypto as market might move at any direction and we might not miss the op portunity to buy at low price before it goes up. But never borrow / obtain loan and invest. Its not advised.
Given the unpredictable movements and recent market crash, we really won't be able to determine where the bottom will be and the best price we should buy. But looking at bitcoin price from ATH with current this is the right time to buy, value has dropped 80% from the most recent ATH.
Maybe this is not the bottom yet but maybe bitcoin will bounce tomorrow, who knows?. So with bitcoin as long as you buy and hold it patiently I don't think you will lose, you only lose when you no longer believe in bitcoin and you don't have enough patience with it.
One have to be watchful as we buy more bitcoin, the way the market is going down it seem the market will still go down dip. It is never still bad to buy bitcoin at its current price if you still believe in bitcoin and can have patience with bitcoin for the price to comes up . Let the emotion decide if it is okay to buy because of volatility.
Today the price goes up more than 5%, and hopefully there is no negative sentiment that makes the price will drop, I'm worried that if the price drops below $ 20k it will continue red and difficult to rise again, if 2 or 3 more days the price can reach $ 25k then I am optimistic that the price of Bitcoin will continue to rise and return to $ 40 no later than July.
Further developments can be seen at the end of this month. If it still continues with its current state, then holding it until everything returns to normal is a very good option.
Despite no serious bull in the market for sometime, I am thinking to buy more because the price at which bitcoin is right now I can be able to afford it. I planned buying when the price was at 40$ , the amount of bitcoin I planned to buy is a small quantity which if the market eventually go dip i may lost 30% of it. But now I feel even if I buy and it goes dip it wont go dipper the way the price is now. What do you think about my plan?
First, I really like bitcoin to invest, because indeed this coin has a much faster movement compared to other coins, secondly bitcoin is a reference source for bull runs for other coins, so it is very appropriate if you make a purchase of bitcoin, because in the future when the market has returned to normal, the return on the investment you made will be quite maximum, just need to wait for the right time for bitcoin to strengthen 
One have to be watchful as we buy more bitcoin, the way the market is going down it seem the market will still go down dip. It is never still bad to buy bitcoin at its current price if you still believe in bitcoin and can have patience with bitcoin for the price to comes up . Let the emotion decide if it is okay to buy because of volatility.
Today the price goes up more than 5%, and hopefully there is no negative sentiment that makes the price will drop, I'm worried that if the price drops below $ 20k it will continue red and difficult to rise again, if 2 or 3 more days the price can reach $ 25k then I am optimistic that the price of Bitcoin will continue to rise and return to $ 40 no later than July.
Obviously, the support is around $20k, I haven't seen it broken yet, but if it did, maybe there is another thread that says $13k is possible. But we shall see, in this bear market, it's really hard to tell the trend line, and support/resistance maybe in not applicable.
One have to be watchful as we buy more bitcoin, the way the market is going down it seem the market will still go down dip. It is never still bad to buy bitcoin at its current price if you still believe in bitcoin and can have patience with bitcoin for the price to comes up . Let the emotion decide if it is okay to buy because of volatility.
Today the price goes up more than 5%, and hopefully there is no negative sentiment that makes the price will drop, I'm worried that if the price drops below $ 20k it will continue red and difficult to rise again, if 2 or 3 more days the price can reach $ 25k then I am optimistic that the price of Bitcoin will continue to rise and return to $ 40 no later than July.
One have to be watchful as we buy more bitcoin, the way the market is going down it seem the market will still go down dip. It is never still bad to buy bitcoin at its current price if you still believe in bitcoin and can have patience with bitcoin for the price to comes up . Let the emotion decide if it is okay to buy because of volatility.
When buying ensure to have some reserve incase the price falls further. From more technical analysis it seems Bitcoin price might even fall even further to $20k so to be on the safe end and to catch the best dip buy with a fraction of your proposed amount so you can always have to buy even when the price keeps falling. the goal is having enough to catch-up with the next bull run.
Many discussions in Exchanges Telegram Group If the price of bitcoin will drop below $ 20k, this is what makes me sell 80% of the price of bitcoin when it is still $ 27k and divert to stable coins, if the price of bitcoin drops below $ 20k it will be difficult to pass ATH What happened, maybe stop for a moment from Bitcoin and waiting for the market will make us more relaxed.
When buying ensure to have some reserve incase the price falls further. From more technical analysis it seems Bitcoin price might even fall even further to $20k so to be on the safe end and to catch the best dip buy with a fraction of your proposed amount so you can always have to buy even when the price keeps falling. the goal is having enough to catch-up with the next bull run.
Jump to: