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.
DCaing is better as you still take advantage on the current discounted price, than just keeping on waiting for a perfect price price and yet, still end up missing the train. Although bitcoin repeats its history most of the time, but it does not guarantee that what had happened in the past will still be a good basis at the present. Sometimes, bitcoin creates its price when we least expect it. So in order to keep up with the train and never miss another opportunity, always create a move every time the market is showing us a good signal. 
Topic: Don't sit on your hands - page 6. (Read 1076 times)
According to my judgment and previous inference, there is a long way to go for bitcoin investment. There will be ups and downs during this period. The important thing is to keep a good attitude and seize the opportunity.
This is a very volatile market, we should actively analyze the trend if we really want to take advantage of this opportunity. Don't who are just guessing for the trend will surely incur more losses compare to those who analyze before investing. With Bitcoin, its more possible to rise again and yes I don't believe for a $10k price again because I know we already hit the bottom and later, we will see its recovery price. Have a good timing with Bitcoin though, its ok to just watch if you think the trend is not for you just make sure you will still buy at your best price. 
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.
10k is great for people like me who love to buy as much bitcoin as possible, but it doesn't mean that we are going to end up seeing the price changing all that much, it would be weird if we wanted that. What we are going to see instead however is price at 100k which would make me happy and everyone else happy as well, only people who would not be happy about that would be people who do not buy any at all.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.
And I do not think that it would make sense. This is why I believe that we should be focusing on making a bit more profit when we are dealing with 100k type of prices, it is not the same as 10k because that would be a very long term period that not everyone can understand.
It might take a while for the bitcoin price to drop to that price and, likely, it won't drop that far.
So we also have to think about whether the situation is likely to happen or whether it will happen in the future so that we can decide when to buy.
I agree that the best strategy is to use the DCA method, where we buy at a low price to accumulate more bitcoins.
This can also help us to be able to benefit from each subsequent increase.
I think waiting for bitcoin to drop to 10k it will be very long it might take some patience for that, but I'm not sure the current situation for bitcoin is that low.So we also have to think about whether the situation is likely to happen or whether it will happen in the future so that we can decide when to buy.
I agree that the best strategy is to use the DCA method, where we buy at a low price to accumulate more bitcoins.
This can also help us to be able to benefit from each subsequent increase.
Think about something that might happen in the future maybe we always expect an increase and there must be a lot of buying going on, now this is before the increase is higher then the DCA strategy is the important thing I always use it's an opportunity for me now and won't be waiting for it, therefore, benefits advantage of DCA will be slightly better what I have earned.
when we have the time and money to invest in bitcoin, I don't think there is a need to wait for bitcoin to crash. Some say, but when it's cheap and sell when it's expensive. but that situation can happen at any time in bitcoin. it all depends on how dare we enter the market.
If Bitcoin won't drop to $10k then we might miss the chance of buying at a low price. Sometimes we should take the risk of buying at low prices rather than waiting for it to drop without any assurance. The current price is already worth buying and would be good for those who want to invest for the long-term run. There's no need to wait for something that isn't sure to happen.
It's always a good idea to come up with a strategy for when you're going to buy (and potentially sell) coins rather than just continously aiming to buy a lower price (you're more likely to sell at a loss then too imo).
Few people buy bitcoin at the bottom and most of them either buy randomly or buy without having specific strategies. The market will never tell you were the bottom or top is accurately and it only shows you area of conference and at that waiting to buy at the lowest of the lowest will always cost you to lose investment opportunities. at any price, I think buying Bitcoin will not lose as long as we are patient for the targets to be achieved in the future.
investing is always profitable for the long term. the situation may be different if they plan a short-term trade or investment.
and for the short term I don't think it's the right time considering the current condition is still like this,
I really believe Bitcoin will skyrocket again in the future
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.
It might take a while for the bitcoin price to drop to that price and, likely, it won't drop that far.
So we also have to think about whether the situation is likely to happen or whether it will happen in the future so that we can decide when to buy.
I agree that the best strategy is to use the DCA method, where we buy at a low price to accumulate more bitcoins.
This can also help us to be able to benefit from each subsequent increase.
I think waiting for bitcoin to drop to 10k it will be very long it might take some patience for that, but I'm not sure the current situation for bitcoin is that low.So we also have to think about whether the situation is likely to happen or whether it will happen in the future so that we can decide when to buy.
I agree that the best strategy is to use the DCA method, where we buy at a low price to accumulate more bitcoins.
This can also help us to be able to benefit from each subsequent increase.
Think about something that might happen in the future maybe we always expect an increase and there must be a lot of buying going on, now this is before the increase is higher then the DCA strategy is the important thing I always use it's an opportunity for me now and won't be waiting for it therefore benefits advantage of DCA will be slightly better what I have earned.
when we have the time and money to invest in bitcoin, I don't think there is a need to wait for bitcoin to crash. Some say, buy when it's cheap and sell when it's expensive. but that situation can happen at any time in bitcoin. it all depends on how dare we enter the market.
It might take a while for the bitcoin price to drop to that price and, likely, it won't drop that far.
So we also have to think about whether the situation is likely to happen or whether it will happen in the future so that we can decide when to buy.
I agree that the best strategy is to use the DCA method, where we buy at a low price to accumulate more bitcoins.
This can also help us to be able to benefit from each subsequent increase.
I think waiting for bitcoin to drop to 10k it will be very long it might take some patience for that, but I'm not sure the current situation for bitcoin is that low.So we also have to think about whether the situation is likely to happen or whether it will happen in the future so that we can decide when to buy.
I agree that the best strategy is to use the DCA method, where we buy at a low price to accumulate more bitcoins.
This can also help us to be able to benefit from each subsequent increase.
Think about something that might happen in the future maybe we always expect an increase and there must be a lot of buying going on, now this is before the increase is higher then the DCA strategy is the important thing I always use it's an opportunity for me now and won't be waiting for it therefore benefits advantage of DCA will be slightly better what I have earned.
It's always a good idea to come up with a strategy for when you're going to buy (and potentially sell) coins rather than just continously aiming to buy a lower price (you're more likely to sell at a loss then too imo).
Few people buy bitcoin at the bottom and most of them either buy randomly or buy without having specific strategies. The market will never tell you were the bottom or top is accurately and it only shows you area of conference and at that waiting to buy at the lowest of the lowest will always cost you to lose investment opportunities. at any price, I think buying Bitcoin will not lose as long as we are patient for the targets to be achieved in the future.
investing is always profitable for the long term. the situation may be different if they plan a short-term trade or investment.
From my point of view Bitcoin don't go below $10k. Bitcoin has that established marketcap to maintain a good position in market, only bad news or any international regulations van make this currency very much down because of panic selling but i don't think that is going to happen so here we can make our entry in this currency. It is very important to take entry at lowest price.
It's always a good idea to come up with a strategy for when you're going to buy (and potentially sell) coins rather than just continously aiming to buy a lower price (you're more likely to sell at a loss then too imo).
Few people buy bitcoin at the bottom and most of them either buy randomly or buy without having specific strategies. The market will never tell you were the bottom or top is accurately and it only shows you area of conference and at that waiting to buy at the lowest of the lowest will always cost you to lose investment opportunities. 
It's sad what I have noticed to all new investors in Bitcoin because when the price drops, they will not invest or no one will invest. But when the price started to grow up and if they notice that the bull run will come, there's a lot of talking to it and start to invest. That's why when Bitcoin dropped the price, it's always been a struggle to spike back because of this behavior that I've noticed.
For those wise investors who invest through DCA way upon buying Bitcoin, it seems this idea is playing safe and it could be the best way if you invest for the purpose of holding it in the long term.
For those wise investors who invest through DCA way upon buying Bitcoin, it seems this idea is playing safe and it could be the best way if you invest for the purpose of holding it in the long term.
Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ 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.
Actually investors like to invest in cryptocurrency especially bitcoin when it arrive to the state of cryptocurrencies degradation or bearish market. I believe that cryptocurrency downfall is when real investors do want to invest into cryptocurrency.so through your suggestion, i don't think Bitcoin price can fall to the extent of getting to ten thousand dollars (10k). Anyone who waiting when such will happen is not ready to buy cryptocurrency or as well invest into cryptocurrency. 
Based on what I've noticed in the past, a lot of the investors are actually waiting for the rise to start buying bitcoin not the drop. For example I can assure you even if bitcoin were to drop to $10k today they still wouldn't buy it but if bitcoin were to rise to $30k they would all start panic buying with all the money they have.
My question is why do investors do that? Is it because they don't have faith in what they're buying or what? This attitude cuts across all cryptos. It's not only a Bitcoin thing. For instant example, there were several altcoins that looked promising last year and prices were very high and many investors wished they had bought in while they were very cheap or that price could dip. Today, most of those altcoins have crashed beyond recognition but people still aren't rushing to buy them. They're waiting for a rally to kick in and then they go chasing it. For me, that isn't my method. I like to get in before the rush.It goes without saying that with altcoins it is a totally different game there, that may be the best way to invest in altcoins, they are not like bitcoin, many of them that have crashed are not going to rally again, so why should people buy them, altcoin buyers need to be extra careful before buying, for bitcoin buyers you know a plunge is a short-lived thing.
Based on what I've noticed in the past, a lot of the investors are actually waiting for the rise to start buying bitcoin not the drop. For example I can assure you even if bitcoin were to drop to $10k today they still wouldn't buy it but if bitcoin were to rise to $30k they would all start panic buying with all the money they have.
Why is that so? Sadly, it's true. I've noticed it too. That's a bad strategy according to what I learnt in my formative year going into trading. It's called chasing price. My question is why do investors do that? Is it because they don't have faith in what they're buying or what? This attitude cuts across all cryptos. It's not only a Bitcoin thing. For instant example, there were several altcoins that looked promising last year and prices were very high and many investors wished they had bought in while they were very cheap or that price could dip. Today, most of those altcoins have crashed beyond recognition but people still aren't rushing to buy them. They're waiting for a rally to kick in and then they go chasing it. For me, that isn't my method. I like to get in before the rush. 
Based on what I've noticed in the past, a lot of the investors are actually waiting for the rise to start buying bitcoin not the drop. For example I can assure you even if bitcoin were to drop to $10k today they still wouldn't buy it but if bitcoin were to rise to $30k they would all start panic buying with all the money they have.
This is exactly why we see big jumps each time a major resistance is broken. You mentioned $3700 which was an example of this, when price broke $4k everyone started panic buying and shortly after price was over $10k.
This is exactly why we see big jumps each time a major resistance is broken. You mentioned $3700 which was an example of this, when price broke $4k everyone started panic buying and shortly after price was over $10k.
It is the fear of missing out, or FOMO as we call it and those investors are waiting for the rise that will cause them to buy and send prices even higher than people expect. I also think that some new investors will start to buy when they see the prices rising. But, for those that are new to the investing game, they typically don't know about how these types of things work and are simply reacting to others' buying and selling behavior. The reason for this is usually that newbie investors are feeling anxious because others are making money from an investment's price movement while they are not. Therefore, they want to jump on the bandwagon and realize a profit.
OP with nice suggestion and good strategy.
2010-2012 volatility: 99x
2012-2016 volatility: 33x
Previous all-time-high before 2020 halving, was 19600
Low was 2800 or so
2016-2020 volatility: 7
Presently all-time-high is still $68900
Low is still $17500
Present volatility: 4
Maybe the present volatility can increase, but normally the volatility of bitcoin since it was created was decreasing and getting to 7 and above as it was before may not become possible again.
Even If bitcoin decreases, I do not think it can decrease below $14000 or $15000.
Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ in match 2020 doesn't mean we might see 10k per Bitcoin,
Is the volatility reducing? Yes, but I am not certain if it will continue.2010-2012 volatility: 99x
2012-2016 volatility: 33x
Previous all-time-high before 2020 halving, was 19600
Low was 2800 or so
2016-2020 volatility: 7
Presently all-time-high is still $68900
Low is still $17500
Present volatility: 4
Maybe the present volatility can increase, but normally the volatility of bitcoin since it was created was decreasing and getting to 7 and above as it was before may not become possible again.
Even If bitcoin decreases, I do not think it can decrease below $14000 or $15000.
remember it was because of CoViD that's why BTC plummeted to 3700$
You meant 2017? Nothing called COVID-19 in 2017, but you are referring to bear market of March 2020 that got bitcoin to $3800. I do not believe COVID-19 caused that, but bitcoin price increase also during COVID-19. 
What a lot of "investors" that likes to get in and out of positions do wrong: being 100% out or 100% invested.
Being 100% in/out of bitcoin means you're super convinced that your decision would go well with high guarantees; whereas if you're thinking clearly with little to no bias, you shouldn't be THAT convinced to be 100% in/out.
They spend 100% of money in and after a while (usually a few months), they will have to sell to get a bit of money back for expenses. So if they have to do this in bear market, even at bottom of bear market, it means they will have to sell $10000 initial money to get $5000 or $1000 because of bear market effects.Being 100% in/out of bitcoin means you're super convinced that your decision would go well with high guarantees; whereas if you're thinking clearly with little to no bias, you shouldn't be THAT convinced to be 100% in/out.
Crypto market is volatile, more than usual and more risky than usual so let's prepare a bit of reserved money for expenses. Don't get in 100% in either bull or bear market because you won't control how your job will be in next few months as well as how the market will be in near or far future.
Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ 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.
this is such a general and one-sided view of things.
first, why does anyone think it is not possible for bitcoin to go to the $10k level, even if only for a short time?
why is the opinion that people sit idly by and don't invest now (when someone thinks it's the bottom)? what if they have already invested and are waiting for their time, or maybe many currently do not have the funds to invest, because they are elsewhere assigned?
it's always nice to read how someone understands why it was such a value two years ago.
It might take a while for the bitcoin price to drop to that price and, likely, it won't drop that far.
So we also have to think about whether the situation is likely to happen or whether it will happen in the future so that we can decide when to buy.
I agree that the best strategy is to use the DCA method, where we buy at a low price to accumulate more bitcoins.
This can also help us to be able to benefit from each subsequent increase.
So we also have to think about whether the situation is likely to happen or whether it will happen in the future so that we can decide when to buy.
I agree that the best strategy is to use the DCA method, where we buy at a low price to accumulate more bitcoins.
This can also help us to be able to benefit from each subsequent increase.
Jump to: