Don’t buy Bitcoin when FUD is over

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Quote from: Mate2237 on June 26, 2023, 05:39:11 PM

Quote from: dimonstration on March 10, 2023, 08:24:28 AM

Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

Buy Bitcoin when FUD is upcoming while the price of Bitcoin doesn’t move much or dump harder. You will see the chart that it’s just sideways despite multiple FUD is piling up. This means that mean that there’s still a lot of solid Bitcoin holders while weak hands is leaving. Doing this will give you high chance to purchase on the bottom trend. Wink

***Not a financial advice.

Buying of Bitcoin has nothing to do with the FUD, Op you are indirectly telling us that we not not buy and sell Bitcoin in the bull time. Because at that time the FUD is over and that is the best time to sell and people must buy. Buying and selling of Bitcoin has no scope. You can but at any time and sell when the price has risen. Buying at the bottom is good but when the top as come you will still buy.

Perhaps his point is that when "there is blood on the street, you should invest". Because for sure, when there is FUD around, people are going to sell because they are afraid that the price will decline.

And if you are a wise investors, you are going to wait for that time, when everyone panics and then you see a big drop like 5-10% in a day which means there is massive selling. Then that is the opportunity that you are all been waiting, to buy cheap BTC and then just continue to HODL on it.

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Quote from: dimonstration on March 10, 2023, 08:24:28 AM

Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

Buy Bitcoin when FUD is upcoming while the price of Bitcoin doesn’t move much or dump harder. You will see the chart that it’s just sideways despite multiple FUD is piling up. This means that mean that there’s still a lot of solid Bitcoin holders while weak hands is leaving. Doing this will give you high chance to purchase on the bottom trend. Wink

***Not a financial advice.

Buying of Bitcoin has nothing to do with the FUD, Op you are indirectly telling us that we not not buy and sell Bitcoin in the bull time. Because at that time the FUD is over and that is the best time to sell and people must buy. Buying and selling of Bitcoin has no scope. You can but at any time and sell when the price has risen. Buying at the bottom is good but when the top as come you will still buy.

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Quote from: Awaklara on June 25, 2023, 11:50:39 PM

Quote from: Peanutswar on June 25, 2023, 07:44:02 PM

Reason why it's ideal to keep updated with the cryptocurrency news related to those coins you want to trade or invest with this serves an idea if you are going to put a position or not. For me having a timing on this gives you profit for example previously happen the BNB people grab the opportunity to trade sell because the Binance does not make process their license to operate. Another is the Luna after the hype, people hold the chance to buy on the dip and wait for the small pumps and immediately sell.

this is the case with altcoins, although the impact is also felt on the price of Bitcoin, which is why we will only focus on Bitcoin investments. altcoins are for short term only. and take profits as soon as the pump occurs. never follow the hype created by the altcoin market, it can trap you very quickly. even when prices have dropped, some altcoins are very hard to come back to once they don't earn the market's trust anymore.

That's how the news gets influenced by the market and sad to say that some whales make use of this to take advantage of innocent and panic sellers. It is a trap for those who would easily get fueled by panic and upload their coins immediately. While they are thinking about selling, whales are also buying their coins.
Until many investors haven't yet changed their approach to the market and thinking, whales will beat them and continue to manipulate the market.

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Quote from: Peanutswar on June 25, 2023, 07:44:02 PM

Reason why it's ideal to keep updated with the cryptocurrency news related to those coins you want to trade or invest with this serves an idea if you are going to put a position or not. For me having a timing on this gives you profit for example previously happen the BNB people grab the opportunity to trade sell because the Binance does not make process their license to operate. Another is the Luna after the hype, people hold the chance to buy on the dip and wait for the small pumps and immediately sell.

this is the case with altcoins, although the impact is also felt on the price of Bitcoin, which is why we will only focus on Bitcoin investments. altcoins are for short term only. and take profits as soon as the pump occurs. never follow the hype created by the altcoin market, it can trap you very quickly. even when prices have dropped, some altcoins are very hard to come back to once they don't earn the market's trust anymore.

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Quote from: ZAINmalik75 on June 25, 2023, 04:07:53 PM

Quote from: dimonstration on March 10, 2023, 08:24:28 AM

Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

In my mind instead of waiting FUD to come and get opportunity to buy Bitcoin at cheap price why you shouldn't try to use Proper DCA for Bitcoin accumulation at every possible down trend opportunity.
Timing a big FUD which really flactuat the Bitcoin price is really hard for newbie in cryptocurrency world as because some time they bought at the top as they have no idea how much ans where Bitcoin price will dump and as a result they face huge loses, so the efficient way of collection Bitcoin where newbie has nill chases of loss is Dollar Cost Average 😎

Reason why it's ideal to keep updated with the cryptocurrency news related to those coins you want to trade or invest with this serves an idea if you are going to put a position or not. For me having a timing on this gives you profit for example previously happen the BNB people grab the opportunity to trade sell because the Binance does not make process their license to operate. Another is the Luna after the hype, people hold the chance to buy on the dip and wait for the small pumps and immediately sell.

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Quote from: 20kevin20 on June 25, 2023, 04:39:10 PM

Buy every now and then and stop wasting time on finding the perfect timing. The perfect timing is always. You’re still part of the first of those brave enough to encourage themselves and invest in BTC. You’ll always be a step ahead of the rest who’re still deciding whether it’s worth it or not.

Timing the market is useless - you’ll get a few decent timings but if you screw up once, you’re gonna be pulled back from the progress you made. Why do this when you can just relax and invest at random times of the week?

Timing the market is not useless since the cryptocurrency is always volatile in nature and there will always be a moment of bearish where the market will dump in price. That's the reason why the OP advises not to buy when the FUD is over because the best time to make an investment in cryptocurrency is when there's blood in the market. But if you're referring to new investors buying now is a good time for them.

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Quote from: dimonstration on March 10, 2023, 08:24:28 AM

Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

Exactly, once the FUD is over, the market will commonly rise up significantly in a quicker time. And that time, we may regret something because we are too late to enter. FUD is the one that always makes market drops seriously, bigger the FUD, bigger the influence to the market.
For a long term holder, doing DCA moreover with more FUD to drop the market often is a good idea to increase their portfolio accumulation.
But for day trades or short terms holders, this impacts badly, extrlmely bad sometimes.
So, decide what you are.

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Quote from: Eureka_07 on March 24, 2023, 10:52:14 AM

Quote from: dimonstration on March 10, 2023, 08:24:28 AM

Do we have any clues when a FUD started or when it will end? Is there anything we can refer to for that?
I am not very familiar on how FUD works, but I think it best to buy in the middle of it, cheaper price isn't it? But the problem is how can we possibly tell when to buy or not?

It's all there is in the crypto market, you can learn everything by doing a little research. FUD is spread through news, and it is spread in such a way that it reaches maximum crypto investors and panics the market. When panic spreads in the market, it is expected that it will have a strong impact on the market. So then panic selling will start in the market, for which there will be opportunity to buy on the other side.

If you have enough knowledge about trading, then you can earn well in this situation, because when FUD is created in the market suddenly, most of the time the market goes into a down trend due to its effect. And that is the best way to earn money for many people.

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Quote from: dimonstration on March 10, 2023, 08:24:28 AM

Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

Whether it was because of the FUD or not, just buy Bitcoin during price correction, not during the recovery period. Because we aim to earn a huge profit should be done before the pump, that was the perfect time to do it. We don't have to worry about buying Bitcoin during correction as we believe that it rises back again, unlike these shitcoins and meme coins. Sometimes we have the kind of thinking that when the decline is showing, we also then think about dying and the market collapse that is why, instead of buying low people wait for the price to pump before buying and they miss the great opportunity.

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Buy every now and then and stop wasting time on finding the perfect timing. The perfect timing is always. You’re still part of the first of those brave enough to encourage themselves and invest in BTC. You’ll always be a step ahead of the rest who’re still deciding whether it’s worth it or not.

Timing the market is useless - you’ll get a few decent timings but if you screw up once, you’re gonna be pulled back from the progress you made. Why do this when you can just relax and invest at random times of the week?

ZAINmalik75

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Quote from: dimonstration on March 10, 2023, 08:24:28 AM

Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

In my mind instead of waiting FUD to come and get opportunity to buy Bitcoin at cheap price why you shouldn't try to use Proper DCA for Bitcoin accumulation at every possible down trend opportunity.
Timing a big FUD which really flactuat the Bitcoin price is really hard for newbie in cryptocurrency world as because some time they bought at the top as they have no idea how much ans where Bitcoin price will dump and as a result they face huge loses, so the efficient way of collection Bitcoin where newbie has nill chases of loss is Dollar Cost Average 😎

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One of the best times to buy bitcoin is when the FUD is fresh and ongoing, it also depends on how big this FUD is, sometimes it has no impact on Bitcoin value and sometimes they do have a massive impact on the market, but if it does then it's a buying time, but the most effective way of accumulating Bitcoin is in a downtrend, never buy when the price is recovering, keep your eye open for any possible opportunities so you won't miss out.

Take advantage of the Bear market and bad news that may affect crypto adoption, they never lasted long, it's like a form of market manipulation.

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Quote from: dimonstration on March 10, 2023, 08:24:28 AM

Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

There seems to exist some obvious association in the cryptospace and FUD - Bear is one obvious one. Although, there have been few instances when the FUD been passed around had little or no effect on the trending market but, most times, we find the market succumbing to the FUD due to the tricks it plays on investors mindset. Mainly the new investors.
As much as the FUD might be a signaler for some, it's not a very effective wh as, you can't really put a timing on the market and have a laid down resource for when that time would come. Using DCA might be one of the best means still as it keeps you in the market when your resources agrees.

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Quote from: Eureka_07 on March 24, 2023, 10:52:14 AM

Do we have any clues when a FUD started or when it will end? Is there anything we can refer to for that?
I am not very familiar on how FUD works, but I think it best to buy in the middle of it, cheaper price isn't it?

You will know that there is FUD when there is bad news or events in cryptocurrency along with drastic drop of price. If they see that a dump has started after they heard the news, many people will sell their assets to avoid further losses. This usually happens when the market is clearly in an uptrend and then suddenly crashes, there is a big chance that there is a fud behind it. But just because it's FUD, it doesn't mean it's true because it's just a manipulation tactic to fill big orders from big banks or institutions before the price continues to rise again. If there is too much FUD, it is possible that the price will continue to fall.

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But the problem is how can we possibly tell when to buy or not?

If you know to analyze the market, you will earn a lot with it. It's just a supply and demand. If the supply is getting low, wait for a sign of strength, meaning the demand is overpowering supply. This is a sign that there are less willing to sell their assets and it's time to buy.

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Quote from: dimonstration on March 10, 2023, 08:24:28 AM

Do we have any clues when a FUD started or when it will end? Is there anything we can refer to for that?
I am not very familiar on how FUD works, but I think it best to buy in the middle of it, cheaper price isn't it? But the problem is how can we possibly tell when to buy or not?

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Quote from: dimonstration on March 10, 2023, 08:24:28 AM

Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

Buy Bitcoin when FUD is upcoming while the price of Bitcoin doesn’t move much or dump harder. You will see the chart that it’s just sideways despite multiple FUD is piling up. This means that mean that there’s still a lot of solid Bitcoin holders while weak hands is leaving. Doing this will give you high chance to purchase on the bottom trend. Wink

***Not a financial advice.

Buy but don't buy to hold for a long time, from the current price of bitcoin, if I decide to buy bitcoin at this price now with a significant amount of money, I can still make 50% from this rally before the next halving, which is less than a year away, that is the advantage of following market rally but it must be done with caution so that you don't get caught or dump on, this is the time you see new traders acting degens because this is the time to make sweet profits without doing more research of any kind but as I said, caution must be put in place so as not to fall for fake pumps.

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Quote from: dimonstration on March 10, 2023, 08:24:28 AM

Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

Buy Bitcoin when FUD is upcoming while the price of Bitcoin doesn’t move much or dump harder. You will see the chart that it’s just sideways despite multiple FUD is piling up. This means that mean that there’s still a lot of solid Bitcoin holders while weak hands is leaving. Doing this will give you high chance to purchase on the bottom trend. Wink

***Not a financial advice.

Can still be purchased after Fud ends. As the year 2022 was very scary for us. To overcome this 2022 shock, we are moving towards a better market position now. There are many investors who cannot buy from bad market positions. At that time they kept themselves away from investments due to dumping market conditions. Now that the market is good, many investors are preparing to start investing. What I mean here is that investors tend to invest the most when the market is in a good position. That doesn't make for a bad market.

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Quote from: dimonstration on March 10, 2023, 08:24:28 AM

Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

FUD will always impact on decreasing price. Every time FUD is coming, the price of bitcoin will be dropping. this is usual and often happening.
But how we accept the condition will also depend on how our target in Bitcoin investment. Traders or short term investors may not like this condition. But for the ones who are investing for longer time period, and they also have much money, more FUD, more Bitcoin.
But how if we don't have enough money to shop during the bear market or FUD leading dropped market? Well, just wait and see with some regret Cheesy

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Quote from: dimonstration on March 10, 2023, 08:24:28 AM

Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

After learning about investing in bitcoin for a long time I finally understood one thing, that buying when FUD conditions are very profitable because bitcoin is at a cheap buy price. But there are also DCA patterns that can be applied in making bitcoin purchases and both are very profitable as well.

In recent years I have really enjoyed FUD and no longer think it's anything to worry about, because the strength of the investments we make has led to a conclusion about the power of bitcoin.

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Of course everyone wishes/wants to buy low and then sell high, but it isn't always the case because the market is volatile and somewhat unpredictable. Sometimes whilst waiting to buy low, the price pumps and you regret why you hadn't bought since, and at that point you are caught up in two minds if you should buy now the price has appreciated, or do you wait for an upcoming fall in price before buying. The whole thing is difficult to keep on speculating this way, thus the best thing to do is follow a strategy and stick with it no matter what, even if your emotions are telling you otherwise.

Having said that, if you are a long term investor who uses DCA, the price of Bitcoin at the time you want to buy should not be your problem because you are hodling for a long time, and you will buy some low, some a little bit higher, but overall the average price would be favorable. But for short term investors, they have to be careful when they purchase, or else they'd be forced to hodl for long, or sell at a loss.

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