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Topic: Don't sit on your hands - page 5. (Read 1076 times)

hero member
Activity: 1498
Merit: 502
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August 05, 2022, 12:16:03 PM
#50
Choosing bitcoin while it is lower in price is good idea. But its not just a dip because bitcoin  is really a valuable coin and the price is low but not for those who can not afford it. Bitcoin is ideal coin you can invest in it but think about its price that if it drops quickly then will you be able to recover it back easily as you have invest a big part of your money in it. Bitcoin is really worth but its price is so high to manage after loss.
sr. member
Activity: 2436
Merit: 455
August 05, 2022, 05:13:13 AM
#49
Actually if they are lazy enough to research about strategy regarding about the possible price of Bitcoin when it goes down even more, they could literally just buy at whatever the price of Bitcoin right now, because we are too far from the all time high and all they would do is to wait for it to reach that peak again to gain profits.

Now, if the price dumps even more after they bought, then it's fine, because the bottom line is Bitcoin will definitely gonna make a new all time high after this bear market.
hero member
Activity: 1092
Merit: 747
August 05, 2022, 04:59:56 AM
#48
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.
To be frankly speaking I find it hard to comprehend what you are trying to say, because even if the price of Bitcoin falls to $10k per BTC, people will still have that doubt to still venture into such great opportunity, because looking at the current price of Bitcoin now ($23k) from it's All Time High it is approximately 34% decrease in price, which actually means that Bitcoin still have that tendency to actually reach such price once again in the near future. So this is actually the best time to invest in BTC irrespective of the rumors online
hero member
Activity: 2912
Merit: 541
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August 05, 2022, 04:04:08 AM
#47
In covid-19,  btc price is very low like 3500$ dollar only. That was the biggest Opportunity if anyone would buy btc, he/she is now a reach person. That time I save few other coins which are very helpful now to me. Again, when the btc price was under 19k/20k dollars, I also bought few coins for the long term.
Not many people use that moment to buy bitcoins because in addition to panicking about covid-19, they have to fulfill their daily needs where everyone also needs them at the same time. They don't think about the very low price of bitcoin but think about how they can survive the pandemic. But others who are ready with everything can use the opportunity to buy as much as possible to own bitcoins and hold them until the price rises. So if you see bitcoin price bottoming out, don't waste time buying because you probably won't see it again in the long run.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
August 05, 2022, 03:12:05 AM
#46
It's a good thing to say this in the long term because it's a good money thing to do.
Currently the market is not too erratic so decide correctly so you don't regret it later.
Installment from now is not too bad especially for the price although there are some possibilities that will definitely happen and the worst possibility is to go down again deeper.
Whenever the market do make out sideways movement then it would normally be creating that kind of anxiety and doubts or lessening out confidence on making further step whether you should hold a bit or would completely accumulate on gradually because there's no way that we could really able to tell on what are the things that would happen ahead and this is where things to be decided and the ones who do make
profits are the ones who do make out some decision on market conditions like this.It wont be that simple but its not something impossible for you to place yourself into the possible bottom.
Act if you do love to see some outcome in the future and dont just simply talk without taking such step or doing something because it would really be pointless.
Anxiety is a natural thing in this case because regardless of anything this is related to finances and obviously this is something that is risky so it is quite natural to be anxious about this. but on the other hand this is not a reason to make this seem bad because from every anxiety there is one lesson that we must reflect on, namely how those who are down will come back up like the last few years and how some people regret selling their bitcoins at cheap prices. We also have to reflect on this so that we can still turn things around from it.
hero member
Activity: 3052
Merit: 606
August 04, 2022, 04:22:09 PM
#45
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.
If you want not to miss any price drop opportunity, then always create moves in every dip. Through DCA, we can still make a good purchase in every price drop, thus makes our portfolio more profitable to look. However, if you prefer hodling and not buying at all, then maybe you can do nothing at all but stay patient and relax. But always know that bear season is a good time for accumulation, not just simply hodling the whole bear market.
hero member
Activity: 3164
Merit: 675
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August 04, 2022, 04:08:05 PM
#44
We'll never know. Bitcoin has already proven even how dipped we are, there's still more dip, it's really unpredictable, that's how the market works especially in the cryptocurrency market where volatility is high. To be honest, there's still a huge chance it will drop below $19,000 because, in just the last few months, we experienced to drop of around $17,000 in just a short period of time, so everything is possible anytime.
I do not think that "no matter how dip we go, there is more dip" is really true. I mean sure it looks that way right now, but in reality I think the dip is already settled before we even do it. This means that the market knows what where they will get in and stop it and buy all the bitcoins at that range to make sure it doesn't go any below, and this market is you and me and other regular people like me along with all those rich people and companies, we just don't know what that price is until we see it.

Meaning, do not worry about the dip, because the dip will stop, worry about the upside because even though it will stop at certain dip, it will always keep on going higher and higher and we do not know where it will stop.
sr. member
Activity: 2226
Merit: 347
August 04, 2022, 03:21:49 PM
#43
In covid-19,  btc price is very low like 3500$ dollar only. That was the biggest Opportunity if anyone would buy btc, he/she is now a reach person. That time I save few other coins which are very helpful now to me. Again, when the btc price was under 19k/20k dollars, I also bought few coins for the long term.
It's a good thing to say this in the long term because it's a good money thing to do.
Currently the market is not too erratic so decide correctly so you don't regret it later.
Installment from now is not too bad especially for the price although there are some possibilities that will definitely happen and the worst possibility is to go down again deeper.
Whenever the market do make out sideways movement then it would normally be creating that kind of anxiety and doubts or lessening out confidence on making further step whether you should hold a bit or would completely accumulate on gradually because there's no way that we could really able to tell on what are the things that would happen ahead and this is where things to be decided and the ones who do make
profits are the ones who do make out some decision on market conditions like this.It wont be that simple but its not something impossible for you to place yourself into the possible bottom.
Act if you do love to see some outcome in the future and dont just simply talk without taking such step or doing something because it would really be pointless.
full member
Activity: 398
Merit: 100
August 04, 2022, 03:01:33 PM
#42
In covid-19,  btc price is very low like 3500$ dollar only. That was the biggest Opportunity if anyone would buy btc, he/she is now a reach person. That time I save few other coins which are very helpful now to me. Again, when the btc price was under 19k/20k dollars, I also bought few coins for the long term.
In what? Bitcoin hit 3500$ in early 2019. That's way before the covid which happened in late 2019, early 2020. At least try to stock up your memory on Bitcoin's price around the lowest price in the 2018/2019 crypto crash, dude. Those were a different time, hard to lament on people that sit on their hands at that time since the crypto market is very grim at that moument.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
August 04, 2022, 12:30:41 PM
#41
In covid-19,  btc price is very low like 3500$ dollar only. That was the biggest Opportunity if anyone would buy btc, he/she is now a reach person. That time I save few other coins which are very helpful now to me. Again, when the btc price was under 19k/20k dollars, I also bought few coins for the long term.
It's a good thing to say this in the long term because it's a good money thing to do.
Currently the market is not too erratic so decide correctly so you don't regret it later.
Installment from now is not too bad especially for the price although there are some possibilities that will definitely happen and the worst possibility is to go down again deeper.
hero member
Activity: 2814
Merit: 526
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August 04, 2022, 11:12:16 AM
#40
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,
The thing about "buy dip and sell high" doesn't mean you have to wait until it dumped to <=10k for example, that's not how it works. It would take a year or even never had a chance to reach that kind of price if the behavior Bitcoin is to remain strong and stronger every single day. That's why we have something called indicators and analysis to help you determine what price is "low enough" to be invested at.
legendary
Activity: 2072
Merit: 4265
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August 04, 2022, 10:39:56 AM
#39
Whatever we discuss here, everyone will have their own strategy, and whether it is right or not, we will find out in the future. Someone is waiting for a low price, but time shows that if he regularly invested despite the price, he would be in more profit than just waiting for a low price.

In fact, those who wait, seeing the rise or fall, may be very late. Bitcoin is unpredictable and we have seen it. Investing so much that you don't lose money, as well as making a plan for a certain amount of time, would be much more profitable than just regretting your doubts in the future.
legendary
Activity: 2506
Merit: 1394
August 04, 2022, 07:13:10 AM
#38
Quote
Quote
instead of guessing and making predictions avoid sitting on your hands and do nothing.
I have read a lot about crypto trading on the internet, lastly I found someone asking users who are engaged in successful crypto trading, not users who invest in crypto.

Question: the person.
What do you expect, if Bitcoin goes down to the level of $10k and what do you expect, if Bitcoin goes up to the level of $100k.....?
The answer: simple.
Bitcoin $10k or $100k is the same for us, we need to watch Bitcoin move every second/minute/hour and day, That's what we need to pay attention to properly, buying and selling methods that we have to learn, when to buy and when to sell Bitcoin.

From the user's answer, I conclude, if we understand the Bitcoin trading system/science it is worth doing, $10k in my opinion for those who make long-term investments.
Now that the price of Bitcoin is still low for anyone to buy and hold before it will hit $100,000 soon, because I don't think the price will decrease more than $19,000 before it will move higher in the market.
(.....)
We'll never know. Bitcoin has already proven even how dipped we are, there's still more dip, it's really unpredictable, that's how the market works especially in the cryptocurrency market where volatility is high. To be honest, there's still a huge chance it will drop below $19,000 because, in just the last few months, we experienced to drop of around $17,000 in just a short period of time, so everything is possible anytime.
copper member
Activity: 2268
Merit: 539
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August 04, 2022, 02:28:24 AM
#37
It’s really hard to predict the future, so yes whenever possible I would say buy as many coins as you can. And when it is about Bitcoins then definitely just close the eyes and buy irrespective of what’s the price Bitcoins are currently at.
We have already seen what are Bitcoins capable of. So if we greed for more profits, then definitely we will miss the golden or right chance to invest.
IMO buying Bitcoins in less than 30k usd price will be really good for a long term.
full member
Activity: 2184
Merit: 184
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August 04, 2022, 01:22:01 AM
#36
Quote
Quote
instead of guessing and making predictions avoid sitting on your hands and do nothing.
I have read a lot about crypto trading on the internet, lastly I found someone asking users who are engaged in successful crypto trading, not users who invest in crypto.

Question: the person.
What do you expect, if Bitcoin goes down to the level of $10k and what do you expect, if Bitcoin goes up to the level of $100k.....?
The answer: simple.
Bitcoin $10k or $100k is the same for us, we need to watch Bitcoin move every second/minute/hour and day, That's what we need to pay attention to properly, buying and selling methods that we have to learn, when to buy and when to sell Bitcoin.

From the user's answer, I conclude, if we understand the Bitcoin trading system/science it is worth doing, $10k in my opinion for those who make long-term investments.

Now that the price of Bitcoin is still low for anyone to buy and hold before it will hit $100,000 soon, because I don't think the price will decrease more than $19,000 before it will move higher in the market. Since professional investors prefer to invest a huge amount of money on Bitcoin when the price is low in the market, it show it will be more favourable for long term investors that will make use of the opportunity to buy and hold for a brighter future. I believe, this is the best time to invest and have something good to achieve soon, because the price of coins are preparing to increase for those that hold for a weeks or months to get ready to make a huge amount of income from their investment.
sr. member
Activity: 1778
Merit: 309
August 03, 2022, 06:50:33 PM
#35
Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ 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.
That's real, many people have the wrong entry because of their wrong market speculations. This is the reason why I don't encourage newcomers to think about the past and consider it as the basis when investing because the market had changed already, history never repeats itself and so the price. Thinking and waiting for $10k is just a waste of time as it has only a slim chance to happen. Seeing the price of Bitcoin plummet around 50% from its ATH, that sounds like a great opportunity to start with, in fact, if it drops again we can buy more, DCAing is very important.
legendary
Activity: 3094
Merit: 1127
August 03, 2022, 05:57:07 PM
#34
Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ 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.

The best thing that can be done is not to delay buying Bitcoin, as you said there is a possibility that Bitcoin will not drop to the price of $10k.
So don't let us regret that we missed buying Bitcoin at a low price, because I think the current Bitcoin price is already very low. Especially if
someone manages to buy Bitcoin when the price drops below $20k, that's a very good decision. Actually if we study Bitcoin well, buying Bitcoin
at any price can make us profit. The most important thing is that after we buy Bitcoin, we can be patient holding Bitcoin until the price target
we want is achieved, because after all the movement of Bitcoin tends to continue to rise.
I cant blame out people on not to make immediate step on low price points specially if there are rumors and some sayings that the price might be dropping down as below as 10k which had been
 a common say when we are still approaching 20k price point on which some do really wait up for the opportunity on getting that low but we've seen the market didnt really get that low which
does indicate that there's no such thing about being that predictable but still not an assurance that we wont really be moving that low since everything could really be a possibility and could
really happen into this unpredictable market. Investment decisions will really be varying on someone analysis and preference most of the time.
sr. member
Activity: 1876
Merit: 318
August 03, 2022, 05:54:48 PM
#33
Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ 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.

The best thing that can be done is not to delay buying Bitcoin, as you said there is a possibility that Bitcoin will not drop to the price of $10k.
So don't let us regret that we missed buying Bitcoin at a low price, because I think the current Bitcoin price is already very low. Especially if
someone manages to buy Bitcoin when the price drops below $20k, that's a very good decision. Actually if we study Bitcoin well, buying Bitcoin
at any price can make us profit. The most important thing is that after we buy Bitcoin, we can be patient holding Bitcoin until the price target
we want is achieved, because after all the movement of Bitcoin tends to continue to rise.
sr. member
Activity: 2436
Merit: 343
August 03, 2022, 05:47:20 PM
#32
Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ 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.
One of the most common mistake of people is that they dont really put up some action or movement whenever they do saw the market is declining but instead they are freaking out on whats happening

rather than seeing these moments or events to be the sweetest spot for you to take action because if the market do make out some reversal then you wont be ending up on regretting just because

you had missed out the opportunity to get in and this had been always the case and people who do make out actions then are the ones who do make money as simple as that.
Factors are,
 * looking for the bottom
 * influence of negativity
 * worry that it dumps more
This is why many investors missed their chance to buy at a cheaper price but they bought during the bull season. A very common mistake to happen to those who are not really familiar with the market and those who give weight to this fake news and FUDs. Anyways, this is the nature of the investment, some have weak hands and a negative mindset.
hero member
Activity: 2996
Merit: 609
August 03, 2022, 05:15:58 PM
#31
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.
One of the most common mistake of people is that they dont really put up some action or movement whenever they do saw the market is declining but instead they are freaking out on whats happening

rather than seeing these moments or events to be the sweetest spot for you to take action because if the market do make out some reversal then you wont be ending up on regretting just because

you had missed out the opportunity to get in and this had been always the case and people who do make out actions then are the ones who do make money as simple as that.
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