Buy coins at 17k weeks ago could be the best time to buy

Baofeng

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Quote from: btc_angela on August 24, 2022, 08:51:17 AM

Quote from: STT on August 23, 2022, 06:16:03 AM

If we keep on testing this support continually and market declines you all might get a second chance on buying the lower prices anyway and it'll be hard to decide at that point same as it was last time.

If it's hard to decide, then maybe it's better to just buy in the dip or if the price is trading in a sideway patterns. No need to wait for the price to dip or go lower than the previous lows of $17,500 at it might not happen again so obviously others might be waiting for nothing. So I guess it's not that hard to decide, specially if you have the funds step aside for your bitcoin investment, then you can do monthly or weekly buys. And as we look at the price movement, most likely we will be in the sideways pattern, maybe at least up to next week. So just take a breathe and opportunity and it might not be offered to us again.

And just like that, the price goes down again, not sure if we touch $19k already, but it seems that we are going to break $20k barrier anytime soon, (hopefully it wont). Again, we look for this month as very bullish for us, and actually it did, went as high as $25k but now we are again in a precarious moment, that at any time, we will go below $20k again.

But let's just look at the positive side of another dip = another opportunity to buy bitcoin at a cheap price and no need to wait for $17k or even lower.

btc_angela

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Quote from: STT on August 23, 2022, 06:16:03 AM

If we keep on testing this support continually and market declines you all might get a second chance on buying the lower prices anyway and it'll be hard to decide at that point same as it was last time.

If it's hard to decide, then maybe it's better to just buy in the dip or if the price is trading in a sideway patterns. No need to wait for the price to dip or go lower than the previous lows of $17,500 at it might not happen again so obviously others might be waiting for nothing. So I guess it's not that hard to decide, specially if you have the funds step aside for your bitcoin investment, then you can do monthly or weekly buys. And as we look at the price movement, most likely we will be in the sideways pattern, maybe at least up to next week. So just take a breathe and opportunity and it might not be offered to us again.

kotajikikox

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Quote from: STT on August 23, 2022, 06:16:03 AM

I think recent action shows why regular buying is often best rather then guessing an exact price point to call the bottom. The process of being involved rather then pin it down absolutely and claim I bought the lowest price, I sold the highest price you wont get this dream scenario its a mirage. Just be involved in positive action and take profits on really bubbly price action, you probably have years to do both actions not just once or one price.

If we keep on testing this support continually and market declines you all might get a second chance on buying the lower prices anyway and it'll be hard to decide at that point same as it was last time.

and for us not to feel sorry in the coming days best to buy whenever we felt like ready to risk our funds.
it is hard to speculate nowadays because we can see how the volatility of cryptocurrency is showing now and what we are having these days are just a proof that bitcoin can increase or even decrease at any moment.
buy at your own risk that is still what stands us all.

bots1

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Quote from: Desscount on August 13, 2022, 11:55:15 AM

Quote from: bots1 on August 12, 2022, 11:44:17 AM

Indeed, lately bitcoin price movements have started to move in a better direction than before. I am optimistic that the next price target in the $27k-$28k range will be achieved in the near future, especially now that bitcoin prices are trading in the $24k-$25k range.

yes, hopefully $28k can be reached and hopefully can breakout from $30k, and if the breakout is bearish, it's over.
But now it's still above $23k, of course it's still safe, if it's below $20k, my advice is to sell it and go higher below $20k again.

If you buy when the price is $23k then you sell when the price drops below $20k then you will lose. In trading, we should not panic when the price drops. The main goal of a person trading is to make a profit, not a loss. Well, if the price hasn't gone up and we haven't made a profit, then don't sell it better hold even in the long term.

STT

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I think recent action shows why regular buying is often best rather then guessing an exact price point to call the bottom. The process of being involved rather then pin it down absolutely and claim I bought the lowest price, I sold the highest price you wont get this dream scenario its a mirage. Just be involved in positive action and take profits on really bubbly price action, you probably have years to do both actions not just once or one price.

If we keep on testing this support continually and market declines you all might get a second chance on buying the lower prices anyway and it'll be hard to decide at that point same as it was last time.

rodskee

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Quote from: Inspiron14 on August 19, 2022, 12:23:58 PM

Quote from: Strongkored on August 19, 2022, 12:43:00 AM

Quote from: Ketesnuko on August 08, 2022, 07:10:07 AM

Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.

It's true that charts can't lie but it's the trader's perspective that allows them to draw different conclusions from you so that the steps taken by each trader are different, maybe traders who expect the price to go to $10k are in a position to buy while you are in a position to sell, so expect the market will move according to what is being desired, However, the current price is still relatively cheap and worth buying

CZ said it today, that there are parties who want to buy bitcoins at low prices, of course this makes many people ask, who is it? tesla? or even him?
haha, very interesting, and indeed today bitcoin experienced a dump, but I'm trying to calm down because I believe this is just a correction

this is what I also believe that it is correction because simply as the price experience increase few days ago with 2 digit pump so it is reasonable for the price to lower as I know it will always has to dump before pump and dump after pump.

Quote from: Rockstarguy on August 20, 2022, 07:52:19 AM

Buying Bitcoin when the price was at $17000 was a good move, we are still in bear market I don't think if the market will fall to 17$, as for those who bought Bitcoin at that price and hodl it for sometime it will be a good opportunity to investors. This time around the fall in the market may not reach below $20.

but it is sad that only few of us has the guts and belief who bought in 17k dumping .

Kelvinid

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Quote from: Rockstarguy on August 20, 2022, 07:52:19 AM

Buying Bitcoin when the price was at $17000 was a good move, we are still in bear market I don't think if the market will fall to 17$, as for those who bought Bitcoin at that price and hodl it for sometime it will be a good opportunity to investors. This time around the fall in the market may not reach below $20.

Imagine having a $5000 increment since buying at $17k, that was an absolute huge amount to see. It was not really a big regret but a good move. Perhaps, the idea of buying low and selling high is really an effective strategy that is mostly used until now. If we are waiting for the bottom (which we never know yet), maybe, we wait for another 4-5 years after the bull season. Though we are still in the bear season, however, looking and waiting for the price to mark down is quite impossible this time.

kotajikikox

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Quote from: Silberman on August 11, 2022, 08:46:08 PM

Quote from: kotajikikox on August 10, 2022, 09:07:04 PM

the Title says it best, the word "COULD" is the key here mate, yeah this could be the best buy but this could also be now?

Price may go down low in the coming months who says it will be ?

Buy coins when you felt it is low , and enough for you to Hold long and sell when you think price is high enough and this is how the market moves and go .

Trying to find the absolute bottom is always a bad idea, many traders are always looking for it but that is completely unnecessary, the markets do not require such a high precision to make profits, to me this has to do with the greed of the traders themselves, as they want to maximize their profits as much as they can, and while understandable at the same time this leads them to wait too much before entering the market causing them to miss many chances to buy bitcoin for a good price, and sometimes this even causes them to miss full bull runs.

and most of the people I knew that seeks for Bottoming losses the chance of investing in better profit because they are too afraid in buying when the thing is none of us really knows where or when the bottom completely happened.
so better always to buy when you have spare money no matter how the amount of bitcoin is.

Quote from: Rockstarguy on August 20, 2022, 07:52:19 AM

Buying Bitcoin when the price was at $17000 was a good move, we are still in bear market I don't think if the market will fall to 17$, as for those who bought Bitcoin at that price and hodl it for sometime it will be a good opportunity to investors. This time around the fall in the market may not reach below $20.

i already sold mine recently . when the price reached 25k? i manage to sell all my newly bought bitcoin and take my 14% profit and now i am waiting for the below 20k price again and so I will that amount to buy more.

Tony116

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Quote from: Inspiron14 on August 19, 2022, 12:23:58 PM

Quote from: Strongkored on August 19, 2022, 12:43:00 AM

Quote from: Ketesnuko on August 08, 2022, 07:10:07 AM

Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.

It's true that charts can't lie but it's the trader's perspective that allows them to draw different conclusions from you so that the steps taken by each trader are different, maybe traders who expect the price to go to $10k are in a position to buy while you are in a position to sell, so expect the market will move according to what is being desired, However, the current price is still relatively cheap and worth buying

CZ said it today, that there are parties who want to buy bitcoins at low prices, of course this makes many people ask, who is it? tesla? or even him?
haha, very interesting, and indeed today bitcoin experienced a dump, but I'm trying to calm down because I believe this is just a correction

I also read his tweet, does he have a crystal ball or he is the one who wants to buy cheap and this correction is caused by him? The market was really surprised when the market corrected immediately after his tweet, perhaps it just happened to be a coincidence. We are not really out of the bear market yet so keep an eye out for such rallies. Don't expect too much if you don't want to be disappointed.

Rockstarguy

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Buying Bitcoin when the price was at $17000 was a good move, we are still in bear market I don't think if the market will fall to 17$, as for those who bought Bitcoin at that price and hodl it for sometime it will be a good opportunity to investors. This time around the fall in the market may not reach below $20.

Inspiron14

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Quote from: Strongkored on August 19, 2022, 12:43:00 AM

Quote from: Ketesnuko on August 08, 2022, 07:10:07 AM

Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.

It's true that charts can't lie but it's the trader's perspective that allows them to draw different conclusions from you so that the steps taken by each trader are different, maybe traders who expect the price to go to $10k are in a position to buy while you are in a position to sell, so expect the market will move according to what is being desired, However, the current price is still relatively cheap and worth buying

CZ said it today, that there are parties who want to buy bitcoins at low prices, of course this makes many people ask, who is it? tesla? or even him?
haha, very interesting, and indeed today bitcoin experienced a dump, but I'm trying to calm down because I believe this is just a correction

popeye95

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The price range around 20k-22k would be the norm for the rest of this month. I don't think any talk about BTC dropping down below 20k or back to the 17k months ago is possible. 20k will be the resistance wall for BTC. Unless FED or something unpredictable comes out, I think this sharp drop is just a temporary shock from the recent rate hike speculation. Stay steady and HODL.

btc78

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Quote from: Epaper on August 18, 2022, 12:16:54 PM

After a few months ago bitcoin experienced a very deep price decline, now bitcoin is able to rise and the price is currently in the $24k–$23k area. Therefore I am optimistic that if the current price increase continues then the closest area of $27k– $28k will be reached in the near future. Well, while the price of bitcoin is still low, we can take advantage of the current momentum to buy so that we don't lose the opportunity to make profits when the price of bitcoin rises significantly later.

What I was looking at is that Bitcoin will cross 30k again ,this is the highest we can get in this season and you know? even if the price cross that 27-28k will not assure us any good because it may change any time.
but if there is at least 30k to be broken ? then that will change the course and this will be the next to expect here.

Quote from: Davian144 on August 19, 2022, 12:19:35 AM

Quote from: BobK71 on August 18, 2022, 11:15:13 PM

When the buyer is thinking that the market will go down, he will buy, on the other the seller is waiting for the market to go up and will hold it. So don't should expect too much. Especially the market is much lower than before. Buying $17k may not be possible at the moment. I think the market may be at $20000 as the maximum dip for this period.

And those who want to buy Bitcoin at a price of $ 20,000 still have to wait because now the price of Bitcoin is still at a price of $ 22,000 +. Although the decline is still very possible to continue and continue this month. And if the sellers are still waiting for the Bitcoin price increase in the market and hold it at the moment, then after the lowest decline there will definitely be a bigger increase than before if the Bitcoin buyers at low prices can multiply this month.

waiting for 20k again? but bitcoin did 17k recently ? at least week ago? why not buy that range and maybe they will be in good positioning today already.

kotajikikox

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Quote from: Silberman on August 11, 2022, 08:46:08 PM

Quote from: kotajikikox on August 10, 2022, 09:07:04 PM

the Title says it best, the word "COULD" is the key here mate, yeah this could be the best buy but this could also be now?

Price may go down low in the coming months who says it will be ?

Buy coins when you felt it is low , and enough for you to Hold long and sell when you think price is high enough and this is how the market moves and go .

Trying to find the absolute bottom is always a bad idea, many traders are always looking for it but that is completely unnecessary,

this has been proven all these years that if you will be stupid to find the actual bottom then expect a totality of loses as well.

we must be vigilant in which area to invest and when t o buy and sell.

Quote

the markets do not require such a high precision to make profits, to me this has to do with the greed of the traders themselves, as they want to maximize their profits as much as they can,

but that is what the reality of most people here right?

they tend to be greedy seeking for big profit while what they are getting is the opposite of that.

Quote

and while understandable at the same time this leads them to wait too much before entering the market causing them to miss many chances to buy bitcoin for a good price, and sometimes this even causes them to miss full bull runs.

I keep looking for right timing , But I know when to trust and when to buy .

Reatim

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Quote from: Epaper on August 18, 2022, 12:16:54 PM

After a few months ago bitcoin experienced a very deep price decline, now bitcoin is able to rise and the price is currently in the $24k–$23k area.

actually it is trading at 22k this time and there are so much bear to expect .

Maybe there are another correction to come? as this was happens mostly after an great increase?

Quote

Therefore I am optimistic that if the current price increase continues then the closest area of $27k– $28k will be reached in the near future.

this may come in future but not in this moment , maybe in the next few weeks we will stay this low again.

Quote

Well, while the price of bitcoin is still low, we can take advantage of the current momentum to buy so that we don't lose the opportunity to make profits when the price of bitcoin rises significantly later.

This is what I'm doing now because I believe that bottom is already reached and that is 17k .

Rufsilf

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Quote from: Strongkored on August 19, 2022, 12:43:00 AM

Quote from: Ketesnuko on August 08, 2022, 07:10:07 AM

Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.

It's true that charts can't lie but it's the trader's perspective that allows them to draw different conclusions from you so that the steps taken by each trader are different, maybe traders who expect the price to go to $10k are in a position to buy while you are in a position to sell, so expect the market will move according to what is being desired, However, the current price is still relatively cheap and worth buying

But I think traders' minds and analyses are different from normal investors. I'd say that traders are more knowledgeable about the market and have a good analytic performance. And they don't just jump into assumptions that were clearly impossible just like seeing $10k. As an investor, we need to know how to read the market chart and enhance our market analysis.
And that going to happen someone is waiting for Bitcoin to reach back $10k, it is actually a dumb thing he does.

Strongkored

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Quote from: Ketesnuko on August 08, 2022, 07:10:07 AM

Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.

It's true that charts can't lie but it's the trader's perspective that allows them to draw different conclusions from you so that the steps taken by each trader are different, maybe traders who expect the price to go to $10k are in a position to buy while you are in a position to sell, so expect the market will move according to what is being desired, However, the current price is still relatively cheap and worth buying

Davian144

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Quote from: BobK71 on August 18, 2022, 11:15:13 PM

When the buyer is thinking that the market will go down, he will buy, on the other the seller is waiting for the market to go up and will hold it. So don't should expect too much. Especially the market is much lower than before. Buying $17k may not be possible at the moment. I think the market may be at $20000 as the maximum dip for this period.

And those who want to buy Bitcoin at a price of $ 20,000 still have to wait because now the price of Bitcoin is still at a price of $ 22,000 +. Although the decline is still very possible to continue and continue this month. And if the sellers are still waiting for the Bitcoin price increase in the market and hold it at the moment, then after the lowest decline there will definitely be a bigger increase than before if the Bitcoin buyers at low prices can multiply this month.

BobK71

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Quote from: TravelMug on August 18, 2022, 10:21:23 PM

Still though, even at the current price, it is considered very low so the opportunity is still there. For now, I most likely believed that we have reach the bottom price.

So it's not good to wait for the price to go down on a spin. Plenty of time to stack up and accumulate above $20,000. If it goes down, then buy even more. So it is still a win-win situation for us.

When the buyer is thinking that the market will go down, he will buy, on the other the seller is waiting for the market to go up and will hold it. So don't should expect too much. Especially the market is much lower than before. Buying $17k may not be possible at the moment. I think the market may be at $20000 as the maximum dip for this period.

TravelMug

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Quote from: DanWalker on August 18, 2022, 08:35:56 PM

Quote from: Ziskinberg on August 15, 2022, 06:26:48 AM

Quote from: Ketesnuko on August 08, 2022, 07:10:07 AM

Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.

Absolutely and perhaps, we are not even sure that Bitcoin will reach back down to $10k and it was a waste of time waiting for it. Waiting for the bottom price is like we are hoping for nothing. Because in the first place, why do we have to wait for that even buying at the current price today will still give us a profit once the market turns bearish again. I might be wrong but this kind of mindset (waiting for the dip) is not the most recommended and we ended up missing the chance while wasting time.

Indeed, those who were waiting for the final bottom to buy dip have really missed the opportunity to buy bitcoin at a low price. We don't know where the final bottom will be until it's crossed and $17k is considered the final low this time. Bitcoin's most recent ATH was $70k, so when the price drops to $20 it's a reasonable discount to start buying, if the price continues to fall we will continue to buy instead of waiting. Both wasted time and missed the opportunity to buy bitcoin cheaply.

Still though, even at the current price, it is considered very low so the opportunity is still there. For now, I most likely believed that we have reach the bottom price.

So it's not good to wait for the price to go down on a spin. Plenty of time to stack up and accumulate above $20,000. If it goes down, then buy even more. So it is still a win-win situation for us.

Topic: Buy coins at 17k weeks ago could be the best time to buy (Read 663 times)