BITCOIN CORRECTION: PERFECT BUY TIME

Wilhelm

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Activity: 1652

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Quote from: Murpheus on March 12, 2021, 12:06:57 PM

Quote from: crwth on March 10, 2021, 08:15:14 PM

At the time of posting by OP, he said that it's the perfect time to buy on February 23, 2021. Upon checking the 4 HR time frame at around that time, it seems to be the perfect time for it. Highlighted when BTC was oversold and perfect time to buy.

You would've gone up to 25% in that single trade. You would just have to hold for a couple of days. That's still impressive. Did somebody follow OP?

At the time of posting, I was using a faulty phone, I did some screenshots, sent it to more than one friend on WhatsApp....( Plus I still don't know how to go about posting a picture here)
It was exactly like yours....
The analysis was almost the same for ETHEREUM....
You can ask Wilhelm...
First page...
He was here the first day I posted it...
Not to brag....
It's my first price action analysis that I really saw things clearly and was so sure...
But then I didn't execute it....
Low equity

It’s emotions, we all have them, they only kill your ability to trade proficiently.
I’m trying to learn to buy when shit is burning and sell when everyone is crazy and ecstatic.
With BTC you know it will always go up. The timing just helps optimize profit. If you buy the ATH you just have a 4 year wait, but after that you can multiply your money.

Ethereum is slightly more scary to me. It can go up faster than Bitcoin or wither away like LTC. I only have a few to make some side cash. Made quite some on it so was worth the buy.

Wilhelm

legendary

Activity: 1652

Merit: 1265

Quote from: Murpheus on March 12, 2021, 07:08:41 AM

Quote from: Wilhelm on March 08, 2021, 04:54:53 PM

Quote from: Murpheus on March 08, 2021, 04:15:20 PM

Ok my prediction had turned out right after all...
Bitcoin is at 51k again....
And it didn't drop past my specified spot...
Now that's a big A for me

You didn't specify any point in your few posts. Or I didn't find it.
You just mentioned what was a good buy point in one of your posts.
Also I see no basis for your analysis which is OK in speculation.
But yes it didn't go below $43 - $47k ...

Yeah a bigly A for you *clap* *clap* Kiss

I did say it was the area of support didn't I??

And I was using price action Grin

I’ll give you credit as long as you remain bullish on Bitcoin Kiss

Murpheus

jr. member

Activity: 155

Merit: 7

The dream God is what I embody

Quote from: crwth on March 10, 2021, 08:15:14 PM

At the time of posting by OP, he said that it's the perfect time to buy on February 23, 2021. Upon checking the 4 HR time frame at around that time, it seems to be the perfect time for it. Highlighted when BTC was oversold and perfect time to buy.

You would've gone up to 25% in that single trade. You would just have to hold for a couple of days. That's still impressive. Did somebody follow OP?

At the time of posting, I was using a faulty phone, I did some screenshots, sent it to more than one friend on WhatsApp....( Plus I still don't know how to go about posting a picture here)
It was exactly like yours....
The analysis was almost the same for ETHEREUM....
You can ask Wilhelm...
First page...
He was here the first day I posted it...
Not to brag....
It's my first price action analysis that I really saw things clearly and was so sure...
But then I didn't execute it....
Low equity

Kasabus

hero member

Activity: 2814

Merit: 576

Every price correction is an opportunity for the investors but sometimes we miss it because of some worries that it dumps more after we buy. But the truth is that we couldn't find the perfect timing in crypto as it really hard coz it is unpredictable. If we are trusting Bitcoin we have to buy some even the market isn't the correction bearish season coz we know that Bitcoin will move higher in the coming years. Only we need is to patiently wait for that moment and never ever be get affected by the FUDs.

Murpheus

jr. member

Activity: 155

Merit: 7

The dream God is what I embody

Quote from: Wilhelm on March 08, 2021, 04:54:53 PM

Quote from: Murpheus on March 08, 2021, 04:15:20 PM

Ok my prediction had turned out right after all...
Bitcoin is at 51k again....
And it didn't drop past my specified spot...
Now that's a big A for me

You didn't specify any point in your few posts. Or I didn't find it.
You just mentioned what was a good buy point in one of your posts.
Also I see no basis for your analysis which is OK in speculation.
But yes it didn't go below $43 - $47k ...

Yeah a bigly A for you *clap* *clap* Kiss

I did say it was the area of support didn't I??

And I was using price action Grin

Jating

hero member

Activity: 2842

Merit: 772

Quote from: bitgov on March 10, 2021, 05:20:02 AM

When there is a clear uptrend in the market, buying at any correction (no matter how big it is) should pay off very well. This can be a problem only when we make a mistake and it will not be a correction, but the beginning of a long bear market Wink

Of course, timing the correction by looking at the charts should pay off handsomely. That is if you have the expertise to do so. But for noobs, they just listen to these so called influencer and market analyst to buy and then get REKT overtime because of wrong timing.

Well if it is the beginning of long bear market, then so be it, no might not make the money you dream of. But you can still stack up those coins and wait for the next cycle to occur. Grin

crwth

copper member

Activity: 2940

Merit: 1280

https://linktr.ee/crwthopia

At the time of posting by OP, he said that it's the perfect time to buy on February 23, 2021. Upon checking the 4 HR time frame at around that time, it seems to be the perfect time for it. Highlighted when BTC was oversold and perfect time to buy.

You would've gone up to 25% in that single trade. You would just have to hold for a couple of days. That's still impressive. Did somebody follow OP?

Shasha80

sr. member

Activity: 1876

Merit: 318

If you intend to invest in Bitcoin in the long term, there is no need to buy Bitcoin when the price is correcting. Buying at any price Bitcoin will be able to
make a profit in the end. But if indeed we are trading Bitcoin and want profit in the short term, we must buy Bitcoin when the price is being corrected.
Unfortunately Bitcoin price is now at $ 55k, which is too high to buy Bitcoin. So if you want to buy Bitcoin I suggest at least wait for the Bitcoin price
to drop to $ 47k.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: bitgov on March 10, 2021, 05:20:02 AM

When there is a clear uptrend in the market, buying at any correction (no matter how big it is) should pay off very well. This can be a problem only when we make a mistake and it will not be a correction, but the beginning of a long bear market Wink

and finding it out would be the biggest challenge of all on where you dont know on when the market would have its trend shift where bullish turns out to be bearish.

This had been always the challenge of most investors or traders where knowing the possible hints or signs of a possible trend change.You can actually play with the prices,

as long you do know how to play with volatility then you can really make out some money but if not then better held off your position.

bitgov

sr. member

Activity: 1554

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When there is a clear uptrend in the market, buying at any correction (no matter how big it is) should pay off very well. This can be a problem only when we make a mistake and it will not be a correction, but the beginning of a long bear market Wink

kawetsriyanto

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Activity: 2422

Merit: 1140

duelbits.com

Quote from: Golftech on March 09, 2021, 02:09:35 PM

Timing is important, you'll be able to acquire this as experienced provides good basis in positioning your entry

Yep, that's actually what I explained in my statement above. That's why I said "don't buy carelessly or blindly even if it is a correction phase", which means that still consider everything before buying a crypto coin even it is in a correction phase, the time of buying will have a big influence for your possible profits and time to sell. Experienced traders or investors must know about it well, they usually have certain ways to determine the right time for buying, including joining professional signal groups.

Wilhelm

legendary

Activity: 1652

Merit: 1265

Quote from: Dave1 on March 09, 2021, 08:00:52 AM

Quote from: Wilhelm on March 08, 2021, 04:54:53 PM

Quote from: Murpheus on March 08, 2021, 04:15:20 PM

Ok my prediction had turned out right after all...
Bitcoin is at 51k again....
And it didn't drop past my specified spot...
Now that's a big A for me

You didn't specify any point in your few posts. Or I didn't find it.
You just mentioned what was a good buy point in one of your posts.
Also I see no basis for your analysis which is OK in speculation.
But yes it didn't go below $43 - $47k ...

Yeah a bigly A for you *clap* *clap* Kiss

And yet we are in the $54k range again, yeah it did drop to $43k, a 26% if I'm not mistaken, but the price has bounce back already and we may hit $57k or even more.

And if someone bought during the dip, congrats and *clap* *clap* because you have made profits but pointing the obvious.

I’m merely pointing out that there was no analysis, just a vague reference to a number.
Anyone buying any dip will make profits...

carlfebz2

hero member

Activity: 2926

Merit: 722

DGbet.fun - Crypto Sportsbook

Perfect buy time will always talk about on the bottom price when a certain correction do happens but is there someone who could actually spot it out precisely?I dont know if someone
does that but for sure in using up lots of combinations of technicals then you can presume out those levels but not on that 100% precision.

Perfect buy time can also be considered into those times that you had at least able to buy back near to the bottom but we cant determine if thats the bottom until the price
had recovered and this is what makes the market so hard to predict on.

What matter most here is that you do able to make money in short span of time on dealing with prices without needing on waiting for long time.

Golftech

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Activity: 2128

Merit: 520

Quote from: kawetsriyanto on March 08, 2021, 06:54:45 PM

What is your goal? If you mean buying the Bitcoin for the long-term investment, it is better to wait for the bearish. But if you mean to buy the Bitcoin for a short-term goal, every correction is the right time to buy as long as the market still continues the uptrend phase. However, don't buy carelessly or blindly even if it is a correction phase, do your own research. It is better to buy at the lowest rate to make it easier taking profits then.

Timing is important, you'll be able to acquire this as experienced provides good basis in

positioning your entry, there are times that anticipating what makret brings you gives

you the hint, it's not easy and it's needs a risky decision as knowing what will happened

after purchasing your assets is for the future to provide. buy and trust your own instinct

that way you'll going to stick with plans that you have created instead of following how

fuds creates.

Dave1

hero member

Activity: 1414

Merit: 542

Quote from: Wilhelm on March 08, 2021, 04:54:53 PM

Quote from: Murpheus on March 08, 2021, 04:15:20 PM

Ok my prediction had turned out right after all...
Bitcoin is at 51k again....
And it didn't drop past my specified spot...
Now that's a big A for me

You didn't specify any point in your few posts. Or I didn't find it.
You just mentioned what was a good buy point in one of your posts.
Also I see no basis for your analysis which is OK in speculation.
But yes it didn't go below $43 - $47k ...

Yeah a bigly A for you *clap* *clap* Kiss

And yet we are in the $54k range again, yeah it did drop to $43k, a 26% if I'm not mistaken, but the price has bounce back already and we may hit $57k or even more.

And if someone bought during the dip, congrats and *clap* *clap* because you have made profits but pointing the obvious.

kawetsriyanto

legendary

Activity: 2422

Merit: 1140

duelbits.com

What is your goal? If you mean buying the Bitcoin for the long-term investment, it is better to wait for the bearish. But if you mean to buy the Bitcoin for a short-term goal, every correction is the right time to buy as long as the market still continues the uptrend phase. However, don't buy carelessly or blindly even if it is a correction phase, do your own research. It is better to buy at the lowest rate to make it easier taking profits then.

Wilhelm

legendary

Activity: 1652

Merit: 1265

Quote from: Murpheus on March 08, 2021, 04:15:20 PM

Ok my prediction had turned out right after all...
Bitcoin is at 51k again....
And it didn't drop past my specified spot...
Now that's a big A for me

You didn't specify any point in your few posts. Or I didn't find it.
You just mentioned what was a good buy point in one of your posts.
Also I see no basis for your analysis which is OK in speculation.
But yes it didn't go below $43 - $47k ...

Yeah a bigly A for you *clap* *clap* Kiss

Murpheus

jr. member

Activity: 155

Merit: 7

The dream God is what I embody

Ok my prediction had turned out right after all...
Bitcoin is at 51k again....
And it didn't drop past my specified spot...
Now that's a big A for me

Silberman

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Activity: 2534

Merit: 1338

Quote from: Xinarae* on March 01, 2021, 11:01:10 PM

It is more profitable to invest in bitcoin for a long period of time because this currency has a rise and fall. No one can accurately predict when the price of this currency will rise however, the perfect time to buy bitcoin is when the price of the currency continues to fall then it is possible to make a profit if the price rises long term investments have to wait patiently and believe the market will improve. The crypto market will go down but will go up again currency prices have plummeted but it's a good time to buy.

True, but psychologically speaking that is something difficult to do, buying when the price is going down makes sense but people have the tendency to think about what will happen if the price keeps going down and most people unfortunately will not be able to endure the market moving too strongly against them and then they will sell for a loss, so to me it seems better to wait until the market becomes relatively stable and you buy during that time, it is true that it will take some time for you to see profits but the chances you see an important movement against bitcoin under those circumstances is low.

Xinarae*

sr. member

Activity: 1414

Merit: 326

It is more profitable to invest in bitcoin for a long period of time because this currency has a rise and fall. No one can accurately predict when the price of this currency will rise however, the perfect time to buy bitcoin is when the price of the currency continues to fall then it is possible to make a profit if the price rises long term investments have to wait patiently and believe the market will improve. The crypto market will go down but will go up again currency prices have plummeted but it's a good time to buy.

Topic: BITCOIN CORRECTION: PERFECT BUY TIME (Read 642 times)