Confused about Trading, Holding, Buying or Selling in this market?

futile-resistance

hero member

Activity: 840

Merit: 516

Quote from: pixie85 on February 17, 2019, 05:52:37 PM

Why do you believe that bitcoin will keep going down and why to 1000 dollars? I saw that hyperwave theory that predicts the price to bottom close to 2000 dollars but this is a bearish scenario and even this isn't expecting 100 dollars so why are you waiting for it? What is there about 1000 that would stop people from selling further because the 2013 top is above 1000 dollars more like 1200.
There's as many predictions of 2000 dollars as there is people who think that there won't be a lower bottom.

No one can surely say that what is going to happen to bitcoin. Expert only predict on the bases of different news they get from different source. But still it is not for sure that their prediction will comes true. For example I can see a lot of prediction in different forms that bitcoin price is trading in its lowest price and there are very little chance for the price to decrease any more, some experts are even clams that bitcoin price is very much expected to reach to 20k back in next few months.

carter34

member

Activity: 1302

Merit: 25

Quote from: StarofBTC on February 20, 2019, 09:26:11 AM

Quote from: Timmzzy on February 17, 2019, 05:34:53 PM

I can equal say many traders are confused and rekt out with this present situation of bitcoin dropping and won't want to move up. Many are still buying even at the present price and hoping it increases soon enough.

If you look at the price of stocks in the market, it fluctuates and the owner has to go through the same feeling like those who have invested in coins and are confused and worried whether to sale or hodl. Trust me; you cannot become millionaires by having that kind of mentality and mindset.

The market operates in boom and recession way and sooner or later the market will rise.

True. It is an economical analysis. Boom and recession.

Investors should know that this is a time to accumulate some coins be it , Btc ,ETH or other top valuable coins because the bull time is about to pick up. If you look at the movement of coin in cmc, you will understand it is about to rain in greens.

StarofBTC

hero member

Activity: 1148

Merit: 528

Quote from: Timmzzy on February 17, 2019, 05:34:53 PM

I can equal say many traders are confused and rekt out with this present situation of bitcoin dropping and won't want to move up. Many are still buying even at the present price and hoping it increases soon enough.

If you look at the price of stocks in the market, it fluctuates and the owner has to go through the same feeling like those who have invested in coins and are confused and worried whether to sale or hodl. Trust me; you cannot become millionaires by having that kind of mentality and mindset.

The market operates in boom and recession way and sooner or later the market will rise.

davinchi

legendary

Activity: 2100

Merit: 1058

It has been widely used in traditional investment for decades now. Nobody really buys a lot of stock from a company unless they are acquiring a company or there is a merger. Nobody just "invests" into stocks like that anymore.

The more logical approach to buying stocks now is monthly, you can not put it in bank because you will get little savings and you can just buy gold with it because storing is difficult however if you invest into stocks monthly for a period of 40 years (from your young adulthood to your retirement) and no matter how much money you invest every month (could be same every month, could change some months) you will end up with a lot of money when you retire. Same applies in crypto currency big time, instead of investing 1200 dollars at once, investing 100 dollars a month is much much smarter idea.

aoluain

legendary

Activity: 2436

Merit: 1362

Quote from: Coyster on February 18, 2019, 02:17:54 AM

Aren't you all used to this by now,i no longer take all this predictions seriously, bitcoin going to bottom, we've been hearing that for 9 years now. By now it should be obvious that it's not going to happen,bitcoin will never plummet into oblivion or to rock bottom,for sure we'll have lows and also at the same time we'll have highs.
Rather than being confused, buy more bitcoins now you still can at a cheaper cost

I don't take predictions seriously either, but I am just 1 person
there are countless other people out there who don't know
whether to buy or sell.

Quote from: lablab03 on February 18, 2019, 07:50:40 AM

It's hard to say that bitcoin will decrease more under 1k even though this market is keep suffering on bearish. Because the growth rate still holding on the resistance and very stagnat, actually in my opinion this is not the right time to make speculation that it will fall down constantly wherein we must wait for more results instead before making final analysis.

Quote from: D3m1r4wanti on February 18, 2019, 08:10:12 AM

the analysis is very good but I'm not sure if this bitcoin price can match that prediction.
we see the price flows according to demand and supply in the market

For the record, I wasn't predicting anything in my OP

Quote from: Whosdaddy on February 18, 2019, 08:38:48 AM

Quote from: aoluain on February 17, 2019, 04:15:20 PM

Well consider "Dollar Cost Averaging". This is a technique used to buy at regular intervals with a fixed amount. Play it safe and take advantage of the moving markets. If the markets fall you have some buying power to take advantage and likewise if the markets rise well at least you have bought some at a lower rate.

This is not new for this forum and more particularly for this trading discussion. I have seen at least for hindered times, people are suggesting/emphasizing about the power of buying bitcoins in regular interval.

There are plenty of advantages we can enjoy by not going with "ALL AT ONCE".

It will help to "diversify" your buying levels. You may not get stuck when bitcoin prices will be falling and at the same time you can be sure about that you had not missed the cheaper levels when bitcoin prices will be rising up. Moreover, this is not just new thing due to bitcoin market but it is a basic investment principle and have been emphasized by financial expert for decades.

Really, the last thread I could find on "DCA" was from 2017
and there was no point dragging that thread back up.

Whosdaddy

hero member

Activity: 1148

Merit: 527

Quote from: aoluain on February 17, 2019, 04:15:20 PM

Well consider "Dollar Cost Averaging". This is a technique used to buy at regular intervals with a fixed amount. Play it safe and take advantage of the moving markets. If the markets fall you have some buying power to take advantage and likewise if the markets rise well at least you have bought some at a lower rate.

This is not new for this forum and more particularly for this trading discussion. I have seen at least for hindered times, people are suggesting/emphasizing about the power of buying bitcoins in regular interval.

There are plenty of advantages we can enjoy by not going with "ALL AT ONCE".

It will help to "diversify" your buying levels. You may not get stuck when bitcoin prices will be falling and at the same time you can be sure about that you had not missed the cheaper levels when bitcoin prices will be rising up. Moreover, this is not just new thing due to bitcoin market but it is a basic investment principle and have been emphasized by financial expert for decades.

D3m1r4wanti

full member

Activity: 714

Merit: 102

the analysis is very good but I'm not sure if this bitcoin price can match that prediction.
we see the price flows according to demand and supply in the market

lablab03

full member

Activity: 1064

Merit: 112

It's hard to say that bitcoin will decrease more under 1k even though this market is keep suffering on bearish. Because the growth rate still holding on the resistance and very stagnat, actually in my opinion this is not the right time to make speculation that it will fall down constantly wherein we must wait for more results instead before making final analysis.

Coyster

legendary

Activity: 2184

Merit: 1302

Aren't you all used to this by now,i no longer take all this predictions seriously, bitcoin going to bottom, we've been hearing that for 9 years now. By now it should be obvious that it's not going to happen,bitcoin will never plummet into oblivion or to rock bottom,for sure we'll have lows and also at the same time we'll have highs.
Rather than being confused, buy more bitcoins now you still can at a cheaper cost

aoluain

legendary

Activity: 2436

Merit: 1362

I agree with everything you guys are saying, personally im very positive
about bitcoin and always have been. This thread is for those who are
confused and there are still some, is now a good time to buy?

I have been saying, yes! and i have been buying on and off since early
January.

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: aoluain on February 17, 2019, 04:15:20 PM

There is talk about bitcoin falling back to around $1000 and there was a mini frenzy last week when the markets rose with calls for the Bulls!

literary at any time you will see some people talk about how bitcoin is going to fall down to a drastically low price. for example all through 2016 and 2017 there were people who were strongly arguing that bitcoin is going to fall to $200 just because that was the bottom of the previous level where the rise began and mainly because most of them didn't buy there and missed their chance. now $1000 has replaced the $200.

with that said, you shouldn't even read these things! random people on the internet always become experts while spreading bullshit and losing money themselves and all those they mislead.

mrdeposit

hero member

Activity: 1358

Merit: 509

When we look at the situation, we can not comment that it will go down to 1k or go up to 10k. Everything is already certain and we do not need to repeat it. The "Dollar Cost Averaging" calculation seems to be good. But there is not the guarantee it will be definitely gained.

rizkyhiw

legendary

Activity: 1484

Merit: 1004

Quote from: aoluain on February 17, 2019, 04:15:20 PM

So there are still a lot of decisions that can be made and there
are some out there who dont know what to do in this current
Bear market. There is talk about bitcoin falling back to around
$1000 and there was a mini frenzy last week when the markets
rose with calls for the Bulls!

Before today I thought that Bitcoin wouldnt fall to $1000 but
after talking to friends they are not buying at the moment and
are going to wait a bit to see if the markets fall back, but what
if they dont? there could be a lost opportunity.

But what if they do and you have bought now?

Well consider "Dollar Cost Averaging". This is a technique used
to buy at regular intervals with a fixed amount. Play it safe and take
advantage of the moving markets. If the markets fall you have some
buying power to take advantage and likewise if the markets rise
well at least you have bought some at a lower rate.

https://www.investopedia.com/investing/dollar-cost-averaging-pays/

Quote

Dollar-Cost Averaging Example

For example, assume an investor invests $1,000 on the first of each month into Mutual Fund XYZ. Assume that
over a period of five months, the share price of Mutual Fund XYZ at the beginning of each month was as follows:

• Month 1: $20

• Month 2: $16

• Month 3: $12

• Month 4: $17

• Month 5: $23

On the first of each month, by investing $1,000, the investor can buy a number of shares equal to $1,000 divided
by the share price. In this example, the number of shares purchased each month is equal to:

• Month 1 shares = $1,000 / $20 = 50

• Month 2 shares = $1,000 / $16 = 62.5

• Month 3 shares = $1,000 / $12 = 83.33

• Month 4 shares = $1,000 / $17 = 58.82

• Month 5 shares = $1,000 / $23 = 43.48

Regardless of how many shares the $1,000 monthly investment purchased, the total number of shares the investor
owns is 298.14, and the average price paid for each of those shares is $16.77. Considering the current price of the
shares is $23, this means an original investment of $5,000 has turned into $6,857.11.

If the investor had spent the entire $5,000 on one of these days instead of spreading the investment across five
months, the total profitability of the position would be higher or lower than $6,857.11 depending on the month chosen
for the investment. However, no one can time the market. DCA is a safe strategy to ensure an average price per
share that is favorable overall.

Don't be confused by a situation like this if you don't want to lose or wait a long time why did it go into the trend yesterday? for all traders who are always confused to relax and enjoy unexpected increases in the future, I also personally never believe that prices will reach the lowest, where there are still many holders now so prices are always strong, each prediction will have no effect on anything, everyone here doesn't believe in what others say about future prices and the future, don't be too brave to conclude something.

rodel caling

full member

Activity: 952

Merit: 104

Good analysis mate but sorry I din't think thay bitcoin price decrease until 1000usd rate range its possuble but for is 10 percent chance of that prediction I still believe bitcoin price not came from the prediction and speculation.

pixie85

hero member

Activity: 2184

Merit: 531

Why do you believe that bitcoin will keep going down and why to 1000 dollars? I saw that hyperwave theory that predicts the price to bottom close to 2000 dollars but this is a bearish scenario and even this isn't expecting 100 dollars so why are you waiting for it? What is there about 1000 that would stop people from selling further because the 2013 top is above 1000 dollars more like 1200.
There's as many predictions of 2000 dollars as there is people who think that there won't be a lower bottom.

Timmzzy

member

Activity: 785

Merit: 34

SOL.BIOKRIPT.COM

Quote from: aoluain on February 17, 2019, 04:15:20 PM

So there are still a lot of decisions that can be made and there
are some out there who dont know what to do in this current
Bear market. There is talk about bitcoin falling back to around
$1000 and there was a mini frenzy last week when the markets
rose with calls for the Bulls!

Before today I thought that Bitcoin wouldnt fall to $1000 but
after talking to friends they are not buying at the moment and
are going to wait a bit to see if the markets fall back, but what
if they dont? there could be a lost opportunity.

But what if they do and you have bought now?

Well consider "Dollar Cost Averaging". This is a technique used
to buy at regular intervals with a fixed amount. Play it safe and take
advantage of the moving markets. If the markets fall you have some
buying power to take advantage and likewise if the markets rise
well at least you have bought some at a lower rate.

https://www.investopedia.com/investing/dollar-cost-averaging-pays/

Quote

Dollar-Cost Averaging Example

For example, assume an investor invests $1,000 on the first of each month into Mutual Fund XYZ. Assume that
over a period of five months, the share price of Mutual Fund XYZ at the beginning of each month was as follows:

• Month 1: $20

• Month 2: $16

• Month 3: $12

• Month 4: $17

• Month 5: $23

On the first of each month, by investing $1,000, the investor can buy a number of shares equal to $1,000 divided
by the share price. In this example, the number of shares purchased each month is equal to:

• Month 1 shares = $1,000 / $20 = 50

• Month 2 shares = $1,000 / $16 = 62.5

• Month 3 shares = $1,000 / $12 = 83.33

• Month 4 shares = $1,000 / $17 = 58.82

• Month 5 shares = $1,000 / $23 = 43.48

Regardless of how many shares the $1,000 monthly investment purchased, the total number of shares the investor
owns is 298.14, and the average price paid for each of those shares is $16.77. Considering the current price of the
shares is $23, this means an original investment of $5,000 has turned into $6,857.11.

If the investor had spent the entire $5,000 on one of these days instead of spreading the investment across five
months, the total profitability of the position would be higher or lower than $6,857.11 depending on the month chosen
for the investment. However, no one can time the market. DCA is a safe strategy to ensure an average price per
share that is favorable overall.

I can equal say many traders are confused and rekt out with this present situation of bitcoin dropping and won't want to move up. Many are still buying even at the present price and hoping it increases soon enough.

aoluain

legendary

Activity: 2436

Merit: 1362

So there are still a lot of decisions that can be made and there
are some out there who dont know what to do in this current
Bear market. There is talk about bitcoin falling back to around
$1000 and there was a mini frenzy last week when the markets
rose with calls for the Bulls!

Before today I thought that Bitcoin wouldnt fall to $1000 but
after talking to friends they are not buying at the moment and
are going to wait a bit to see if the markets fall back, but what
if they dont? there could be a lost opportunity.

But what if they do and you have bought now?

Well consider "Dollar Cost Averaging". This is a technique used
to buy at regular intervals with a fixed amount. Play it safe and take
advantage of the moving markets. If the markets fall you have some
buying power to take advantage and likewise if the markets rise
well at least you have bought some at a lower rate.

https://www.investopedia.com/investing/dollar-cost-averaging-pays/

Quote

Dollar-Cost Averaging Example

For example, assume an investor invests $1,000 on the first of each month into Mutual Fund XYZ. Assume that
over a period of five months, the share price of Mutual Fund XYZ at the beginning of each month was as follows:

• Month 1: $20

• Month 2: $16

• Month 3: $12

• Month 4: $17

• Month 5: $23

On the first of each month, by investing $1,000, the investor can buy a number of shares equal to $1,000 divided
by the share price. In this example, the number of shares purchased each month is equal to:

• Month 1 shares = $1,000 / $20 = 50

• Month 2 shares = $1,000 / $16 = 62.5

• Month 3 shares = $1,000 / $12 = 83.33

• Month 4 shares = $1,000 / $17 = 58.82

• Month 5 shares = $1,000 / $23 = 43.48

Regardless of how many shares the $1,000 monthly investment purchased, the total number of shares the investor
owns is 298.14, and the average price paid for each of those shares is $16.77. Considering the current price of the
shares is $23, this means an original investment of $5,000 has turned into $6,857.11.

If the investor had spent the entire $5,000 on one of these days instead of spreading the investment across five
months, the total profitability of the position would be higher or lower than $6,857.11 depending on the month chosen
for the investment. However, no one can time the market. DCA is a safe strategy to ensure an average price per
share that is favorable overall.

Topic: Confused about Trading, Holding, Buying or Selling in this market? (Read 252 times)