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Topic: Buy coins at 17k weeks ago could be the best time to buy - page 4. (Read 663 times)

member
Activity: 368
Merit: 15
Bro you can't compare today's chart with tomorrow's because they might go against your expectation, I understand that charts have all the answers but its all time framing, daily, weekly and monthly so the unexpected can always happen.
sr. member
Activity: 1722
Merit: 269
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.

I don't really agree here with your statements that charts don't lie. If you follow crypto analysts or just financial analysts in general at social media then you will have everyday a new trend analysis in your feed which tells you that, "a breakup will happen in the next days" or "if the resistance at xx $ holds then it will only go up from that point on" or other statements. Sometimes those predictions become true but i would say that in most of the cases they turn out to be incorrect.
The problem with chart analysis is, that it has the requirement that in the future things are developing the same way like in the past and that is just not true in the real world in many cases.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
Some people may feel panic and sell their bitcoin at the bottom while it was starting to grow again. I can't even think how those people will be buying back bitcoin at this price since they have been selling their bitcoin at the bottom. A few weeks ago once someone bought bitcoin at the bottom price and he already earned very good profit from his investment for now. It seems like that bitcoin will always grow up started from there.
member
Activity: 227
Merit: 12
We all wanted 100k per Bitcoin and it never happened, right now everyone want 10k per Bitcoin, and the chance of happening is very slim, instead of waiting and waiting it's better to buy using DCA, you will never miss out using this strategy.
full member
Activity: 1190
Merit: 117
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.

Bitcoin is now indeed up about 4% compared to one week ago, hopefully your prediction is correct that Bitcoin can reach $ 28k in the near future.
If that happens, it will provoke FOMO and make the Bitcoin price go up again. I myself still doubt Bitcoin can reach the price of $ 28k in the near
future, because it's been a few weeks Bitcoin is always difficult to be able to rise above $ 25k.

Although Bitcoin is indeed difficult to rise, but I'm pretty sure Bitcoin will not go down to the price of $ 10k. So if anyone manages to buy Bitcoin
when it's under $20k, I think that person is lucky, because it seems difficult to expect Bitcoin to fall below $20k again, if we look at the current
Bitcoin price that seems to be rising slowly. So for those who haven't bought Bitcoin, they shouldn't expect Bitcoin to hit $10k. It's better to buy
Bitcoin now, don't let us regret it when it's true that the price of Bitcoin will continue to rise, and make us lose the opportunity to buy Bitcoin
at low prices.
jr. member
Activity: 146
Merit: 5
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.

Yup, I also bought BNB 2 weeks ago and the value has now increased significantly. That's the reason why I buy in a bear market, because when the market is bullish we will get a profit of 1 times or even more.
hero member
Activity: 2702
Merit: 672
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Wrong board, but anw if you don't want to risk anything by trying to min-max your profits to the absolute, just DCA imo. Especially when the market is down, if you haven't started DCA'ing then those spots are usually the best to start with since the risk would be a lot lower compared to starting DCA when the market was at its peak.

I honestly think we're just recovering from that huge dip but we probably aren't going anytime sooner to above $30k. Wouldn't surprise me if we went back to $20k by the end of the year, but imo we'd probably continue seeing this steady, maybe slow climb.
hero member
Activity: 3094
Merit: 537
Leading Crypto Sports Betting & Casino Platform
I thought that if we have missed another best opportunity to buy token and coin from the market. It seems like bitcoin is showing a good signal. i saw that if this positive impact was also coming from the stock market. So many stocks are also getting green pattern as for now crypto was following it.
Bitcoin needs to close above 23 to make 25k looks possible to happen. I hope that i can buy more bitcoin now but i have bought so many tokens until i have no money left. lol
legendary
Activity: 2716
Merit: 1383
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.
As others have stated it would be nice if we could see the reasoning behind your analysis, it is not that you could not be right but you say this as if there was no room for argument and no possibility for you to make a mistake, something that any trader and investor which has a lot of experience will never believe, just as the price could go up it could go down, now maybe the chances it will go up are higher than the chances that it will go down, but there is no way you can predict this with a 100% accuracy.
hero member
Activity: 2632
Merit: 833
That's what I wanted to think though, that we have hit the bottom already, but it is? We still have more than a year of bear market, (assuming the 4 year cycle is still holding true), so there's a lot of things that can can happen between now and prior to the bitcoin halving.

So we will have to see if we have hit the floor or not. And in order to take advantage of the bear market, we should by in dips or as someone has advise, do dollar cost averaging.
hero member
Activity: 2156
Merit: 670
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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.
17k may be the lowest price of Bitcoin during this bearish era, so far. But, we don't know if there will be another dropped market price again or not before the next bullish era. This recent situation still cannot guarantee whether this time has been rising up into bullish era or not yet. This is still in the Q3 of this year.

I do agree with @jossiel
That is why we need DCA, we can utilize every drop market to buy and add more amount of BTC to our portfolio.
But here, if there are many people who still expect for more dropped BTC price under 17k is also not a fault. In fact, if that is really dropped again, just be calm and do DCA again, so if we can really meet or not meet the lowest one, at least, we have some nearby to prepare for the next bullish era.
hero member
Activity: 2282
Merit: 505
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.
If it can clove above 24 and it will be very bullish for bitcoin or at least the chance to recover is slowly happening. People can't predict the chart accurately and what they can do to speculate based on what they know but mostly were making wrong prediction. that's why you shall not need to trust people about that. Their TA didn't have good accuracy. The market itself can answer about this. People can think about believing in theirselves rather than try to believe in others.
legendary
Activity: 2520
Merit: 1233
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First move this to BTC Discussion like Beparanf said.
It should be on the Speculation board since OP was trying to predict Bitcoin price using his own chart.  Similar to this thread, But OP here predicting in a bullish way and not in a bearish one.  If you are an investor waiting when the bear market comes like buying Bitcoin at the cheapest price in the lowest value of $10k, it seems that's unlikely to happen.  We didn't know it will happen since the price is unpredictable.

I suggest you buy Bitcoin in a DCA way so that you can minimize your losses/profit once there is.  Because there's no accurate prediction on Bitcoin price and those claiming who are good at predicting the market, are a true liars.
sr. member
Activity: 1610
Merit: 264
~
First move this to BTC Discussion like Beparanf said.

Not all people believes in signals so I would not just trust all the signals blindly just because it says what it is in the charts. Just take the risk of buying it in its lowest and forget about it in about a month or two. That's what I usually do, unless you're day trading which is a matter of different discussion.
legendary
Activity: 2576
Merit: 1655
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.

Well that was BTC lowest low and maybe we have hit it already?

Nevertheless, I have said previously, $25-$28k should be the target first, whether this month or the next and say that we see at least a good run in the last quarter of the year.

There could be argument that no one knows what the lows will be, that's why it's better to do some DCA when buying BTC and then just HODL on it.
full member
Activity: 952
Merit: 108
1xBit recovered their reputation
Did you buy bitcoin for 17k?, or just when you see a short-term bull run you come here and say everyone is lying to you. It doesn't matter what the price of bitcoin is, it only matters at what price you buy it and how much you can profit from it. Everyone has a different prediction and vision, it's good to see you do your own research, but don't blame others' predictions.
sr. member
Activity: 2044
Merit: 314
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It takes a lot of risk to buy during the falling market, since we can’t know if its really the bottom or the price can still go that’s why we can’t blame anyone who are not able to on a bear market since we all have different risk tolerance.

Lucky to those who are brave enough to buy at that price which right now already have a good profit. Buying at a cheaper price is the basic rules in trading, and take profit when necessary. If you are able to buy at the price of $17k, its good to take profit now or you can take another risk and wait for the market to reach its peak for this trend.
full member
Activity: 1414
Merit: 129
The first decentralized crypto betting platform
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.

Everyone is just speculating and no one is making any claims. You shouldn't treat the chart as a crystal ball that can tell you everything that is going to happen in the future in exactly the way you want, but rather as one of the references you can use to predict which direction the market will go in.
There has been an ongoing rally in the market, however, I am still waiting for a new low for this bear season.
sr. member
Activity: 672
Merit: 273
Well even though the thread is on the wrong board since the discussion border more on Bitcoin and this is an altcoin board, now if I may contribute my quota to this discussion then I must say sometimes the chart may go swing if the market forces change suddenly, I don't believe in market speculation most especially for Bitcoin that has an unstable market movement trusting chart of traders prediction is risky.


You may have been lucky to have filled your bag at 17k as mentioned but not everyone will be that lucky as you are already at gain since the price touched 24k today.
full member
Activity: 2128
Merit: 180
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.
This is a normal scenario the moment you are able to buy during the bear market, you can have a good profit when the bull market started and this is a reminder to us that we should not panic during bear market instead start to analyze and know when to buy. I was able to buy some altcoins as well during the panic moment in the market, I’m just waiting for them to follow the trend of Bitcoin now and rise as well.
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