Topic: Don't sit on your hands (Read 1076 times)
But what if Bitcoin price eventually plunge to $10k and there is no funds to buy. It is not a bad idea to wait but at the same time its still not a bad idea to apply DCA which is considered the best strategy. The whole idea is to buy as low as possible while we wait for bull run to kick off and when this will start no one can accurately say. I think it best to do what your analysis says
Yes, when there is a good opportunity to invest, I think it will be used as soon as possible because sometimes opportunities don't come twice,
but regarding the price of Bitcoin it may be too soon to judge it will increase soon,
we remain patient and continue to follow market developments
You also have to have guidelines or limits on where you should start buying so you don't miss out on the best moment. if the current price is too early, of course you have an ideal price target and you believe in that limit. the market is still bearish, however there is some improvement at the moment. Doing a few purchases with a few percent of your money will not be better.but regarding the price of Bitcoin it may be too soon to judge it will increase soon,
we remain patient and continue to follow market developments
Catch big fish with the best bait, don't wait for them to disappear from your sight.
The market is now a meaningful way to obtain some coins, but if you are having a discussion about bitcoin, then I presume that bitcoin is always there to yield you financial advantage and if you buy a bit of it and carry, then there is no denying that you will be an affluent person once economy goes efficacious. It is a simple truth that bitcoin is a really opportunistic coin, and if it become minimal so there nothing more precious than purchasing it.
That's the reality about bitcoin.If the market situation isn't that good, it's the time for those who haven't bought to buy. Because normally, bitcoin will recover no matter what is the situation right now.
Soon, the market will be good again and will show a great relief of sigh and that's why for every time that it's seen on its low, long term thinkers will never neglect that opportunity.
but regarding the price of Bitcoin it may be too soon to judge it will increase soon,
we remain patient and continue to follow market developments
that the market is really way too unpredictable.
if it's unexpected, why don't we just speculate with assets that are less risky to disappoint us?
just buy and hold on until our target is reached. no need to make it too complicated. it will keep us from growing in investing.
overthinking market fluctuations makes us even more afraid to enter. Trading and investing will not work when we have too much doubt.
presume on things and also not all does have the patience on waiting for long time thats why they do really decide up on making active and deal with volatility in short term scale.
You do need to act fast and wise if you are really that longing for short term profits with those trades or investments.You do need to act and put effort.
Make yourself emotionally prepared have that strong self control or discipline on things.
that the market is really way too unpredictable.
if it's unexpected, why don't we just speculate with assets that are less risky to disappoint us?
just buy and hold on until our target is reached. no need to make it too complicated. it will keep us from growing in investing.
overthinking market fluctuations makes us even more afraid to enter. Trading and investing will not work when we have too much doubt.
Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ in match 2020 doesn't mean we might see 10k per Bitcoin, remember it was because of CoViD that's why BTC plummeted to 3700$, the best strategy is DCAing, 17500$ per BTC weeks ago was a good opportunity honestly, for the short time some said but might be the last for the long term too, instead of guessing and making predictions avoid sitting on your hands and do nothing.
Bitcoin price will not go down from $17k even to $10k that's very unlikely, do you remember? when many people expected Bitcoin to go up to $100k last year? .yes it also did not happen last year and only reached $ 60k only, of course when people have expectations then it won't happen until people don't have expectations anymore.
The volatility of the market as to how fast price can change is something that, non have been accurate about and so, you can never make maximum profit from the crypto market even in your best days. You could try, but can't.
This is why, most users with less expertise adopt the buy when you can and with a spare money idea. You get to accept the you could be wrong or might encounter loses sometimes and at other times, profit but, having to invest only spare cash doesn't make you patient and not hasty of expectations.
Bitcoin at $10k might be possible to most but, I hope we don't come to that point and personally, I don't see it falling that much nor more. We already have our dip for the crypto winter.
The thing here is that you shouldnt really make yourself way too optimistic on things so that you wont really be getting frustrated or disappointed on whatever market conditions would rise up.This is why, most users with less expertise adopt the buy when you can and with a spare money idea. You get to accept the you could be wrong or might encounter loses sometimes and at other times, profit but, having to invest only spare cash doesn't make you patient and not hasty of expectations.
Bitcoin at $10k might be possible to most but, I hope we don't come to that point and personally, I don't see it falling that much nor more. We already have our dip for the crypto winter.
Its true that most of us do really keep on waiting before taking action without even realizing that this is already the best time for you to buy on but i cant blame out people or the community into this considering
that the market is really way too unpredictable.
You would definitely having some hesitance on making a step or action if you arent sure on what would happen next.So its your own call when you would be taking action.
The volatility of the market as to how fast price can change is something that, non have been accurate about and so, you can never make maximum profit from the crypto market even in your best days. You could try, but can't.
This is why, most users with less expertise adopt the buy when you can and with a spare money idea. You get to accept the you could be wrong or might encounter loses sometimes and at other times, profit but, having to invest only spare cash doesn't make you patient and not hasty of expectations.
Bitcoin at $10k might be possible to most but, I hope we don't come to that point and personally, I don't see it falling that much nor more. We already have our dip for the crypto winter.
This is why, most users with less expertise adopt the buy when you can and with a spare money idea. You get to accept the you could be wrong or might encounter loses sometimes and at other times, profit but, having to invest only spare cash doesn't make you patient and not hasty of expectations.
Bitcoin at $10k might be possible to most but, I hope we don't come to that point and personally, I don't see it falling that much nor more. We already have our dip for the crypto winter.
No one can genuinely predict the price of Bitcoin right now because it fluctuates up and down; it may even drop to $10,000, but we can only speculate. But are they the easiest to manage? With bitcoin, you should hold onto it for as long as you can in hopes of making a profit. But if you think your forecast will come true, you can still hold out and buy when the price drops to $10,000. basing everything on your technical analysis. I believe You will not always lose when you invest in Bitcoin and keep that patient, their are some that even bought Bitcoin since when the price was still at $30k but holding it that they will sell when the price reach $60k.but all I know you should have your buying price and also have your sell price.
Quote
The market is now a meaningful way to obtain some coins, but if you are having a discussion about bitcoin, then I presume that bitcoin is always there to yield you financial advantage and if you buy a bit of it and carry, then there is no denying that you will be an affluent person once economy goes efficacious. It is a simple truth that bitcoin is a really opportunistic coin, and if it become minimal so there nothing more precious than purchasing it.
Yes, no doubt you will earn something good, if only you can embrace this opportunity to purchase Bitcoin at this lower price and hold because this is the best season many professional investors used to buy and hold for the price to move higher before they can sell to make something reasonable from the market. I don't think, I will miss this opportunity to buy Bitcoin, because the price is still between $19k and $18k, which will really help me to buy huge amount of Bitcoin now and help me smile in the future when the price hit back $50k.I like your belief in the future of Bitcoin, because everyone should be able to do what you do by buying Bitcoin at $18k-$19k. Because like you said
buying Bitcoin now is the best thing we can do, rather than just sitting around waiting for the Bitcoin price to recover. Indeed, the risk is still there
by buying Bitcoin at $18k-$19k, because it is still open to the possibility that the price of Bitcoin will still fall even lower. But if we don't dare to take
the risk, we will regret missing the opportunity to buy Bitcoin for under $20k.
Sometimes we have to learn Bitcoin properly first, if we know Bitcoin, we definitely feel sure Bitcoin is our opportunity to generate big profits
in the midst of a deteriorating economic situation. I also always had the belief that buying Bitcoin now will make me smile in the future,
when the bull market comes and Bitcoin can return to the ATH price. So I never had any doubts about buying Bitcoin in a bear market situation like now.
.
I don't think, I will miss this opportunity to buy Bitcoin, because the price is still between $19k and $18k, which will really help me to buy huge amount of Bitcoin now and help me smile in the future when the price hit back $50k.
I don't think, I will miss this opportunity to buy Bitcoin, because the price is still between $19k and $18k, which will really help me to buy huge amount of Bitcoin now and help me smile in the future when the price hit back $50k.
Great load-up. We've been through this in 2018-2019, which makes it easy this time to see the light.
Enjoy your life and DCA as much as possible.
In the next few years, How funny it will be to look back on how people
are now debating whether they should buy Bitcoins at 19k or wait until 14k.
No pain, No gain. A bear market is when fortunes are made.
Quote
The market is now a meaningful way to obtain some coins, but if you are having a discussion about bitcoin, then I presume that bitcoin is always there to yield you financial advantage and if you buy a bit of it and carry, then there is no denying that you will be an affluent person once economy goes efficacious. It is a simple truth that bitcoin is a really opportunistic coin, and if it become minimal so there nothing more precious than purchasing it.
Yes, no doubt you will earn something good, if only you can embrace this opportunity to purchase Bitcoin at this lower price and hold because this is the best season many professional investors used to buy and hold for the price to move higher before they can sell to make something reasonable from the market. I don't think, I will miss this opportunity to buy Bitcoin, because the price is still between $19k and $18k, which will really help me to buy huge amount of Bitcoin now and help me smile in the future when the price hit back $50k.this is something that really depends on you and since not all are really that having the same goals or target when it comes to bitcoin investment or even with alts that we do have.
Act according into your own will which you do seem that it would really be giving out some positive results.
Quote
The market is now a meaningful way to obtain some coins, but if you are having a discussion about bitcoin, then I presume that bitcoin is always there to yield you financial advantage and if you buy a bit of it and carry, then there is no denying that you will be an affluent person once economy goes efficacious. It is a simple truth that bitcoin is a really opportunistic coin, and if it become minimal so there nothing more precious than purchasing it.
Yes, no doubt you will earn something good, if only you can embrace this opportunity to purchase Bitcoin at this lower price and hold because this is the best season many professional investors used to buy and hold for the price to move higher before they can sell to make something reasonable from the market. I don't think, I will miss this opportunity to buy Bitcoin, because the price is still between $19k and $18k, which will really help me to buy huge amount of Bitcoin now and help me smile in the future when the price hit back $50k.
The market is now a meaningful way to obtain some coins, but if you are having a discussion about bitcoin, then I presume that bitcoin is always there to yield you financial advantage and if you buy a bit of it and carry, then there is no denying that you will be an affluent person once economy goes efficacious. It is a simple truth that bitcoin is a really opportunistic coin, and if it become minimal so there nothing more precious than purchasing it.
That's the reality about bitcoin.If the market situation isn't that good, it's the time for those who haven't bought to buy. Because normally, bitcoin will recover no matter what is the situation right now.
Soon, the market will be good again and will show a great relief of sigh and that's why for every time that it's seen on its low, long term thinkers will never neglect that opportunity.
The market is now a meaningful way to obtain some coins, but if you are having a discussion about bitcoin, then I presume that bitcoin is always there to yield you financial advantage and if you buy a bit of it and carry, then there is no denying that you will be an affluent person once economy goes efficacious. It is a simple truth that bitcoin is a really opportunistic coin, and if it become minimal so there nothing more precious than purchasing it.
What you say is true and we also can't turn a blind eye that I think Bitcoin is a guarantee of making a profit,but again it all also depends on the strategy,
because if we are not smart in managing when to hold and sell it most likely it will make a loss
The market is now a meaningful way to obtain some coins, but if you are having a discussion about bitcoin, then I presume that bitcoin is always there to yield you financial advantage and if you buy a bit of it and carry, then there is no denying that you will be an affluent person once economy goes efficacious. It is a simple truth that bitcoin is a really opportunistic coin, and if it become minimal so there nothing more precious than purchasing it.
I completely agree with the author movement is life The market is based on two interests there is you who sells making a profit there is still you who buys wanting to make money and at some point the pressure from the bottom to buy becomes so great that the market begins to grow on the principle of a pyramid
Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true,
although indeed the situation you said could have happened if you look at bitcoin's past behavior, but you are very wise that it is also possible that it will not happen. so it's always driven by time to be able to execute it immediately, always have to take bolder actions to decide immediately, because bitcoin investment is very promising.People did expect that price will drop like you said and there expectation saw price actually coming low to $17k before this recent drive back up to $24k . There expectation wasn't far from the reality on the history of bitcoin back in 2017 that it had a bull and 2018 it dropped to $3,500 after the bull hype was over. That is same thing expected but for now we can't be sure what way price deciding to go.
yes, indeed the character of bitcoin is that it always repeats the past, so many hope that there will indeed be a possibility that bitcoin will be able to drop below $17K, although it is also very likely that it will not happen.all can not be known with certainty, so it is very wise to always be able to buy indeed when the price is low enough and does not have to be too low. because you might miss the lowest price it could happen because you expect more than you want.
Quote
Quote
Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true,
The things about buying too low is that you won't ever reach that price range point anytime soon unless there are some major breakdown in the world for example what we have experienced with COVID 3 years ago which makes the price really down at that moment and fortunately we have recovered from that. If you are waiting for that kind of moment, that might be unhealthy to do.I don't think, people will still experience such challenge again because the pandemic really made many countries currency to lose value and also caused Bitcoin to decreased at the moment for people to buy and hold for the price to increase higher before they can sell to make a good profit. Now that the governments has done everything possible within their power to stopped the spreading of COVID-19 in different countries of the world, it will be difficult for traders to experience such losses in the market again. This is the best time to buy Bitcoin and hold, because the price will not go down than $20,000 before it will hit back to $50,000 soon.
Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true,
People did expect that price will drop like you said and there expectation saw price actually coming low to $17k before this recent drive back up to $24k . There expectation wasn't far from the reality on the history of bitcoin back in 2017 that it had a bull and 2018 it dropped to $3,500 after the bull hype was over. That is same thing expected but for now we can't be sure what way price deciding to go.
Jump to: