Topic: Buying cheap is best formula - page 9. (Read 1069 times)
When I Seen Price Now Cheap And Little Down Than Try To Buying More At Cheap Because If Anyone Missed To Buying To Cheap Price Than He/She Unlucky Because If Can Done Buy At The Cheap Price Than Selling Little Up I Mean Don,t Buy Once Your Fund Try To Buying Al Last 3 Position Like First Time Buy Example BTC : When Buy First Time Than One BTC EQUALS 28k USD And Wait Little Bit To Buy Your Second Entry Like BTC Down To 27k USD Than Buy Your 2nd Fund.If You Seen Market Going Up And BTC Touch Upto $29k Than You Can Sell Your Fund At The Price. But When You See After Your Second Entry BTC Going More Down Than Your Need To Use Your Third Position Entry Like BTC Come At $25k Area Than Your Need To Use Your Third/Final Find. Buying Cheap Is The Best Formula For Crypto Lovers.
No need to wait until the money is collected to buy half of Bitcoin, you can buy now with the financial capabilities you have. Enter slowly, you will get some of what you expect unexpectedly. Focus on a plan that has been designed from the start, if you believe Bitcoin can add value to your money in the next three months, do it now.
Going into the market with good entries is beneficial and there's more time to bagged Bitcoin during the bear period. Gathering small earnings to purchase the necessary available Bitcoin is a good steps to take towards a planned trading strategy. We don't have to wait to accumulate larger trading accounts before we will be able to execute a trade. It's important to know the lotsize of our accounts and what we can afford to lose in the market based on the volatility of the market. Mapping out the strategy that works for you is very important, because it's not always advisable to follow the trends. 
Buying cheap isnt the best formula imho, because you never can tell when it is cheap. Today cryptocurrency market is growing, tomorrow it can be on a bottom and that cheap easily converts into ATH. Being able to hold and follow all security measures is the best formula. Being able to handle stress and ready for long term investment is the best solution for those who buy. Because only that combination convert any price into "cheap".
When one is involved with Bitcoin, one should understand the many possible benefits as well as risks in here. You are into a world where volatility is to the extreme compared to other assets available for investing. This is the reason why I don't usually share to my friends my crypto involvement because I don't want some misunderstanding later. Anyway, yes this can be the best time to get into Bitcoin that is assuming that you are still starting but remember that here anything can happen...either BTC can go on and claim a new ATH or it can make a dramatic retreat back to just $10K for lack of some excited news around.
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
I don't see anything wrong with buying Bitcoin now; the price of Bitcoin is still low and has yet to reach half of its all-time high, which means that now could be a good time to buy Bitcoin because there is hope that the market will soon recover.Quote
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
The Bitcoin/cryptocurrency market has no guarantees and cannot be predicted; seeing the price go up now does not mean the price will double in three months' time as you are predicting, but we are hoping it takes that shape because the price has been down for a while and we are some months away from Halving; it could be a time for the market to fully recover. 
No need to wait until the money is collected to buy half of Bitcoin, you can buy now with the financial capabilities you have. Enter slowly, you will get some of what you expect unexpectedly. Focus on a plan that has been designed from the start, if you believe Bitcoin can add value to your money in the next three months, do it now.
I would say buying at the current times is the best formula because you can't exactly decide what is the cheap price.Say you invested at $20k but now it's at $16k so it will be more cheap then your investment point but any price at this time is cheap if you are planning to hold it for long term.
But if you are investing at hope that it will double after three months then you are just speculating about it as there's no guarantee about the same and you must evaluate all the risks and volatility factors before reaching such conclusions.Just invest and hold for long term is best.
But if you are investing at hope that it will double after three months then you are just speculating about it as there's no guarantee about the same and you must evaluate all the risks and volatility factors before reaching such conclusions.Just invest and hold for long term is best.
Any price lower than $68,789.63 is cheap because you're not buying at ATH 
There's a high chance we will see bull run on the next year or two years, so be sure you're accumulating Bitcoin when the price is still cheap right now. To prevent from huge loss, you can buy Bitcoin using DCA strategy where you buy Bitcoin every week, biweekly, or monthly regardless how much the price is.
There's a high chance we will see bull run on the next year or two years, so be sure you're accumulating Bitcoin when the price is still cheap right now. To prevent from huge loss, you can buy Bitcoin using DCA strategy where you buy Bitcoin every week, biweekly, or monthly regardless how much the price is.
Which two bear markets?
In the history of Bitcoin price action, I was able to experience two bear markets.
The price movements during those bear markets appeared to be identical, but there is no guarantee that this bear market will move in the same way. We all expected Bitcoin to continue surging in 2020, but covid changed the tide, and we saw a new low again, frustrating many investors who gave up and left.
You could end up the same way if the unexpected happens, it is better to be prepared for any results that may occur.
The price movements during those bear markets appeared to be identical, but there is no guarantee that this bear market will move in the same way. We all expected Bitcoin to continue surging in 2020, but covid changed the tide, and we saw a new low again, frustrating many investors who gave up and left.
You could end up the same way if the unexpected happens, it is better to be prepared for any results that may occur.
Indeed, buying when prices are dropping is a good time to invest but unfortunately, not many of us can buy at lower prices because bitcoin prices are always moving. So we can only estimate the lowest price and set the purchase price until it is filled.
You don't need to immediately buy with a lot of money but buy bitcoin regularly, which is what many people have done and suggested. By doing that or we call it DCA, we can reduce the average buying price and earn more bitcoins if we buy at the lowest price. Hopefully, in the next few months, bitcoin prices can really increase very high.
Buying the dip is a good strategy, but we must recognize that this is a strategy that is not really suited for newbies, because in order to implement it you need to be completely sure about investing in bitcoin, and this can only be done if you have read extensively about it.You don't need to immediately buy with a lot of money but buy bitcoin regularly, which is what many people have done and suggested. By doing that or we call it DCA, we can reduce the average buying price and earn more bitcoins if we buy at the lowest price. Hopefully, in the next few months, bitcoin prices can really increase very high.
Newbies due to their inexperience simply did not had the time to do this already, so when they see the price going down they panic and instead of thinking about buying they think about selling their coins.
This is the number one rule of investing that I talk to all of my clients about. Often when the stock market tanks I get calls from them panicking, and I simply explain how you dont actually lose anything until you sell. I phrase it this way..when is the best time to go to an electronics store and buy a TV or computer or whatever...during a holiday sale right. Same thing with the stock markets or bitcoin markets..when things are down, it's simply a sale in the market..ie time to buy!
I know right, for starters they are always panicking where it lead to wrong decision in trading and investment. That's a good way of phrasing how the market works for beginners for them to easily understand the concept of trading. If only you could simply say that they should trust your calls since you're the one who's knowledgeable about trading. I just simply compare it to how the gold investment work and they would just "aaahh i get it". Buying at dump selling at pump. But not all the time since there's a month of bullish for a long period of time and also dump.
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Indeed, buying when prices are dropping is a good time to invest but unfortunately, not many of us can buy at lower prices because bitcoin prices are always moving. So we can only estimate the lowest price and set the purchase price until it is filled.
You don't need to immediately buy with a lot of money but buy bitcoin regularly, which is what many people have done and suggested. By doing that or we call it DCA, we can reduce the average buying price and earn more bitcoins if we buy at the lowest price. Hopefully, in the next few months, bitcoin prices can really increase very high.
You don't need to immediately buy with a lot of money but buy bitcoin regularly, which is what many people have done and suggested. By doing that or we call it DCA, we can reduce the average buying price and earn more bitcoins if we buy at the lowest price. Hopefully, in the next few months, bitcoin prices can really increase very high.
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Maybe right now your funds are not enough to buy half a bitcoin, but you can still buy bitcoin fractions regardless of the amount of funds we have, for example buying them with funds of $ 1 to $ 10 per day, you don't have to force yourself to buy with a large nominal if you don't have the funds which is enough, although $1 to $10 is a small amount but if we do it every day for a year or more then the amount will also be big.Op how can you be so sure that bitcoin price will double in next three months time because right now bitcoin price is still in $28k area and if price doubles that means bitcoin will be in area of $56k close to previous ATH price in 2021.
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
(...)
But for me, if you are a trader, you must try to become profitable even bear market or bull market.(...)
And about "Buying cheap is the best formula", this is very easy to say but difficult to execute or achieve. Because this is already proven over time, we don't know what the "cheap" you want to mean is actually having another dump. It's very difficult.
This depends on the trader's strategy because there are traders that will stay away from this kind of market because they keep losing or their strategy won't work, which is why some of them will rest as the market is unpredictable. It is the same with "buy low, sell high": we can't predict if it is the lowest point so that we can buy it. Instead of just focusing on the formula, focus more on how you would execute it to gain profit.
This is the number one rule of investing that I talk to all of my clients about. Often when the stock market tanks I get calls from them panicking, and I simply explain how you dont actually lose anything until you sell. I phrase it this way..when is the best time to go to an electronics store and buy a TV or computer or whatever...during a holiday sale right. Same thing with the stock markets or bitcoin markets..when things are down, it's simply a sale in the market..ie time to buy!
Theoretically we all know that BTC should go up over time, so the issue is not the price here. Since BTC simply when you hold it you get a profit, I am not too sure when is the best time to buy btc, but I find that the allocation and management of capital in investing is very important.
After the DCA process until it is profitable, I find that sometimes it is enough to invest in calm, the more I watch the market, the more easily the psychology is shaken.
After the DCA process until it is profitable, I find that sometimes it is enough to invest in calm, the more I watch the market, the more easily the psychology is shaken.
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
(...)
But for me, if you are a trader, you must try to become profitable even bear market or bull market.(...)
And about "Buying cheap is the best formula", this is very easy to say but difficult to execute or achieve. Because this is already proven over time, we don't know what the "cheap" you want to mean is actually having another dump. It's very difficult.
It's really hard to know exactly when it's "cheap".
Also, people might have available funds at different times, and there might not be an overlap when Bitcoin is "cheap".
I think the best way is to simply buy frequently, whenever you have the funds. Because at the end of the day, if you're in Bitcoin for the long term, it doesn't matter too much when exactly did you buy it.
Also, people might have available funds at different times, and there might not be an overlap when Bitcoin is "cheap".
I think the best way is to simply buy frequently, whenever you have the funds. Because at the end of the day, if you're in Bitcoin for the long term, it doesn't matter too much when exactly did you buy it.
Buying cheap can certainly be a great strategy for investing, but there are a few things to keep in mind. I think, just because something is cheap doesn't necessarily mean it's a good investment.
You have to make sure you're investing in something with long-term potential.
Also, you mentioned, the current market is quite volatile, so it's important to be prepared for the possibility that your investment could go down in value before it goes up.
That being said, I personally believe that bitcoin is a promising investment right now. I mean, if you look at the market charts from the past, there is a clear pattern of prices going up after a period of decline.
So, even though it may be scary to invest when prices are low, it could actually be a great opportunity.
You have to make sure you're investing in something with long-term potential.
Also, you mentioned, the current market is quite volatile, so it's important to be prepared for the possibility that your investment could go down in value before it goes up.
That being said, I personally believe that bitcoin is a promising investment right now. I mean, if you look at the market charts from the past, there is a clear pattern of prices going up after a period of decline.
So, even though it may be scary to invest when prices are low, it could actually be a great opportunity.
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