For those who think that they caught the moment when it's late to buy

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Quote from: fullhdpixel on November 21, 2021, 04:26:53 PM

Quote from: savetheFORUM on November 21, 2021, 02:44:48 PM

For Bitcoin investment, it will be never be late and moreover we are all still in the beginning phase of bitcoin's life cycle and this way some experts are still considering that all the current buyers and holders as early adopters.

That must be one of the magic thing we could enjoy only with bitcoin because even after 10+ years of existence of bitcoin, it is still giving room for considering about early adoption. I am sure we could not find such an unique characteristic with any other investment opportunity.

By early adoption, what I am understanding is that current holders got better chances to become millionaire because if they are holding only some fraction of bitcoin, they still get chances to become millionaire because bitcoin value is speculated to have anything between 500 million to 1 billion in next 30 to 60 years.

Well I am one of those who think that if the BTC is below its last ATH then the price is cheap, of course this is my way of seeing the BTC, I say it because I know that the next BTC ATH will be more juicy and only so the profit will be net, some think that it can reach $ 100k, although in my opinion if the price reaches $ 100k they will quickly sell and lower the price, because there are many waiting for that price, however when this happens I know that btc it will have another rally and this time it will be much bigger, some investors on Wall Street are predicting that it may hit $ 150k, which would be crazy globally.

fullhdpixel

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Quote from: savetheFORUM on November 21, 2021, 02:44:48 PM

For Bitcoin investment, it will be never be late and moreover we are all still in the beginning phase of bitcoin's life cycle and this way some experts are still considering that all the current buyers and holders as early adopters.

That must be one of the magic thing we could enjoy only with bitcoin because even after 10+ years of existence of bitcoin, it is still giving room for considering about early adoption. I am sure we could not find such an unique characteristic with any other investment opportunity.

By early adoption, what I am understanding is that current holders got better chances to become millionaire because if they are holding only some fraction of bitcoin, they still get chances to become millionaire because bitcoin value is speculated to have anything between 500 million to 1 billion in next 30 to 60 years.

savetheFORUM

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Investors only became late if they buy at its high price when its more profitable if you buy at its cheap price. But this only applies to those who are only good for short term profits but considering bitcoin and most of the major altcoins, even if you buy them at a quite high price but you keep holding them, then you can still make huge profits when you start selling them once they reach their new all time high. And besides, no one is late in an investment if it has high potentials to create bright future in the long run.

In my perspective also, bitcoin investments never get late because bitcoin is always into bullish mode in longer time frame. So, even if you are buying around ATH, and you are ready to hold for next four years then you will be fine and definitely will enjoy good returns after four years.

Hence, being late for one particular investment opportunity is purely based on what kind of investment we are considering. For Bitcoin investment, it will be never be late and moreover we are all still in the beginning phase of bitcoin's life cycle and this way some experts are still considering that all the current buyers and holders as early adopters.

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Quote from: jerry0 on November 10, 2021, 11:51:12 PM

Isn't it pretty close to too late to buy? I mean if it hits say 500k, i mean certainly no one could say that by then right? I mean even 200k would seem ridiculous as how many multiples can it really go up by more?

I know what you are trying to say, but there is a premise by which I have and I know that many have and it is: "Never buy at Highs", when a person or trader, investor buy they must do so at the cheapest possible price, it is not smart buy at high prices, sometimes when you have the money you don't mind buying expensive, you only see the impact when the value of the currency starts to go down.

In any investment book they will always aim to buy cheap, in fact Warren Buffet's books say that from the beginning to the end, that is why I do not find it logical to think and say that at the moment it is cheap, because it is not.

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Quote from: TheGreatPython on November 14, 2021, 03:12:01 PM

Quote from: shield132 on October 25, 2021, 08:31:09 AM

The reason why I opened thread about this is that people often think that they can only buy something and don't realize that they can do borrow sell too and get profit even when price falls.

But, at least for bitcoin trading it is always good to go buying rather than looking for opportunities for shorting. Because, in long run you might be getting proven that you are absolutely wrong with your decision but when you keep buying then you will be getting plenty of chances to make profits over the time.

By considering the limited supply of bitcoin, keep on buying alone got bigger chances to help us on making profits compared to shorting. Shorting might be profitable in short run but you might get trapped when unexpected sudden pumping of bitcoin market will happen.

Shorting can be a valid strategy in most markets and even if it is in theory profitable in this market according to my research that is only true under perfect conditions.

When we take into account the slippage, the volatility, the delay on the execution of orders and the mistakes we could make I think it is safe to speculate that the profits we can get out of shorting are extremely limited, so in a market like this with such a tendency to go up in value over the long term shorting seems like a bad idea.

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Quote from: shield132 on October 25, 2021, 08:31:09 AM

The reason why I opened thread about this is that people often think that they can only buy something and don't realize that they can do borrow sell too and get profit even when price falls.

But, at least for bitcoin trading it is always good to go buying rather than looking for opportunities for shorting. Because, in long run you might be getting proven that you are absolutely wrong with your decision but when you keep buying then you will be getting plenty of chances to make profits over the time.

By considering the limited supply of bitcoin, keep on buying alone got bigger chances to help us on making profits compared to shorting. Shorting might be profitable in short run but you might get trapped when unexpected sudden pumping of bitcoin market will happen.

wxa7115

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Bitcoin is GOD

Quote from: ultrloa on November 08, 2021, 06:34:00 PM

Quote from: Oceat on November 08, 2021, 06:26:15 PM

You are basically affected by your emotion and it always hindering you when you are trading and mostly people would start to lose during that time. You can get rid of your emotion by doing some TA and this time you won't be holding back to either wait for another pump or dump, just straight buy or sell it already and trust your strategy. Taking profit is important too so don't ever think to wait another pump when you have the chance already, just take it and do some TA or FA again.

It's hard to take your emotion if you don't know the technicalities of what you are doing although its good to read the chart to ease our minds but sometimes this will never give us any guarantee that we will be calm especially if we see their are market manipulators spreading more big fuds in medias, that's why we see the price dumping even if we are calm at the storm so basically the only thing we need to do if we are at fear is to secure our funds and go with stable coins then get back on your feet when we think the dump is over although we don't know when to spot this but we might get an idea on how deep the dump got for bitcoin or any other crypto.

In order to avoid making the mistake of letting our emotions trade for us we need a system that tell us exactly what to do in every single circumstance we could find in the markets, I know devising such a system is not going to be easy but it should be one of your goals if you are a trader.

After all once you do you no longer have to think and worry about all of the FUD and hype that is in the markets and you can sit down and just watch the price do its thing and only take a position once your system tells you must do it.

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Isn't it pretty close to too late to buy? I mean if it hits say 500k, i mean certainly no one could say that by then right? I mean even 200k would seem ridiculous as how many multiples can it really go up by more?

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Quote from: tygeade on November 10, 2021, 03:03:15 AM

Quote from: shield132 on October 25, 2021, 08:31:09 AM

Imagine, if you open short position on futures trading right now, it means that you can get 50% profit it price falls on 30K USD and in this case, the money that puts you into risk of liquidation is 120 000 USD, i.e. if bitcoin reachs 120K, you'll get liquidated but if you think that bitcoin won't go further and it's late to buy, then you can get decent profit on your capital.

It is NEVER too late, you are always on time and it will always be on time as long as you do it. People imagine that if they buy bitcoin now or tomorrow or a month from now or a year from now will be too late but the reality is that it is something that keeps going up at all times so you are never too late. Sure you may not make the profit that some other people made back in the day but that is still fine you will be making some profit.

Plus, there are some small cap ones that comes out around when you join, there is always a few and if you pick the right ones then you could make a profit from it as well. People should not be worried on what they have, but should be worried about what they could have because future is still bright.

We will always be able to make a profit whenever we buy Bitcoin, because the price of Bitcoin continues to move up. So it won't be too late to
buy Bitcoin, as this year Bitcoin has reached new ATH several times. This means that Bitcoin is indeed safe to buy, so I decided to buy Bitcoin
regularly every month. Because I believe in the future Bitcoin price will be very expensive, so I'm not afraid if someone says now the price of
Bitcoin is too high, so it's too late to buy now. Maybe if we buy Bitcoin now there is a possibility that the price of Bitcoin will fall, but if we can
be patient and hold Bitcoin. So in the end we can make a profit too, because no matter how deep the Bitcoin price falls, it will always be able
to recover again. It's different if we buy shitcoins, it can make us lose money if we buy too late.

tygeade

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Quote from: shield132 on October 25, 2021, 08:31:09 AM

Imagine, if you open short position on futures trading right now, it means that you can get 50% profit it price falls on 30K USD and in this case, the money that puts you into risk of liquidation is 120 000 USD, i.e. if bitcoin reachs 120K, you'll get liquidated but if you think that bitcoin won't go further and it's late to buy, then you can get decent profit on your capital.

It is NEVER too late, you are always on time and it will always be on time as long as you do it. People imagine that if they buy bitcoin now or tomorrow or a month from now or a year from now will be too late but the reality is that it is something that keeps going up at all times so you are never too late. Sure you may not make the profit that some other people made back in the day but that is still fine you will be making some profit.

Plus, there are some small cap ones that comes out around when you join, there is always a few and if you pick the right ones then you could make a profit from it as well. People should not be worried on what they have, but should be worried about what they could have because future is still bright.

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I Think, it not too late to buy.It's depends on you how much you buy and sell.Now good time to buy crypto. Maximum coin and crypto price increase this year and this month.Now You can buy and long time hold i Think you can get good profit by the end of this year. I Think crypto currency price will be more increase this yaer.

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Quote from: Oceat on November 08, 2021, 06:26:15 PM

Quote from: Dewi Aries on November 08, 2021, 05:37:13 PM

Quote from: shield132 on October 25, 2021, 08:31:09 AM

Yeah, this thread is for these kind of people. If it's too late to buy, then why don't you never think about opening a short position on futures trading? I really just don't get it.
Imagine, if you open short position on futures trading right now, it means that you can get 50% profit it price falls on 30K USD and in this case, the money that puts you into risk of liquidation is 120 000 USD, i.e. if bitcoin reachs 120K, you'll get liquidated but if you think that bitcoin won't go further and it's late to buy, then you can get decent profit on your capital.
The reason why I opened thread about this is that people often think that they can only buy something and don't realize that they can do borrow sell too and get profit even when price falls.

Sometimes, who late to buy in market think double, how if the price still increased, or maybe how if dumped. That is why sometimes they afraid to do short because crypto price usually unpredicted. For me, mostly i am just think will jump in the next circulation after dumped to buy some maybe than speculate in the middle of pump process.

You are basically affected by your emotion and it always hindering you when you are trading and mostly people would start to lose during that time. You can get rid of your emotion by doing some TA and this time you won't be holding back to either wait for another pump or dump, just straight buy or sell it already and trust your strategy. Taking profit is important too so don't ever think to wait another pump when you have the chance already, just take it and do some TA or FA again.

It's hard to take your emotion if you don't know the technicalities of what you are doing although its good to read the chart to ease our minds but sometimes this will never give us any guarantee that we will be calm especially if we see their are market manipulators spreading more big fuds in medias, that's why we see the price dumping even if we are calm at the storm so basically the only thing we need to do if we are at fear is to secure our funds and go with stable coins then get back on your feet when we think the dump is over although we don't know when to spot this but we might get an idea on how deep the dump got for bitcoin or any other crypto.

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Quote from: Dewi Aries on November 08, 2021, 05:37:13 PM

Quote from: shield132 on October 25, 2021, 08:31:09 AM

Yeah, this thread is for these kind of people. If it's too late to buy, then why don't you never think about opening a short position on futures trading? I really just don't get it.
Imagine, if you open short position on futures trading right now, it means that you can get 50% profit it price falls on 30K USD and in this case, the money that puts you into risk of liquidation is 120 000 USD, i.e. if bitcoin reachs 120K, you'll get liquidated but if you think that bitcoin won't go further and it's late to buy, then you can get decent profit on your capital.
The reason why I opened thread about this is that people often think that they can only buy something and don't realize that they can do borrow sell too and get profit even when price falls.

Sometimes, who late to buy in market think double, how if the price still increased, or maybe how if dumped. That is why sometimes they afraid to do short because crypto price usually unpredicted. For me, mostly i am just think will jump in the next circulation after dumped to buy some maybe than speculate in the middle of pump process.

You are basically affected by your emotion and it always hindering you when you are trading and mostly people would start to lose during that time. You can get rid of your emotion by doing some TA and this time you won't be holding back to either wait for another pump or dump, just straight buy or sell it already and trust your strategy. Taking profit is important too so don't ever think to wait another pump when you have the chance already, just take it and do some TA or FA again.

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Quote from: shield132 on October 25, 2021, 08:31:09 AM

Yeah, this thread is for these kind of people. If it's too late to buy, then why don't you never think about opening a short position on futures trading? I really just don't get it.
Imagine, if you open short position on futures trading right now, it means that you can get 50% profit it price falls on 30K USD and in this case, the money that puts you into risk of liquidation is 120 000 USD, i.e. if bitcoin reachs 120K, you'll get liquidated but if you think that bitcoin won't go further and it's late to buy, then you can get decent profit on your capital.
The reason why I opened thread about this is that people often think that they can only buy something and don't realize that they can do borrow sell too and get profit even when price falls.

Sometimes, who late to buy in market think double, how if the price still increased, or maybe how if dumped. That is why sometimes they afraid to do short because crypto price usually unpredicted. For me, mostly i am just think will jump in the next circulation after dumped to buy some maybe than speculate in the middle of pump process.

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Quote from: tulusikhlas on November 08, 2021, 02:30:58 PM

That's right, it also depends on the coin that we buy has long-term potential. But for altcoins that rely on seasonal gains it's definitely not a good move to buy in times of rapid rallies. In Bitcoin maybe the next year or two will be much more profitable, but in altcoins can not fully guarantee any profit.

Traders that know about seasonal coins, they're making a huge buck with it but if you're a slow pace type of holder and you don't usually take profits even if it's already a good coin to take profits, you mustn't buy those seasonal coins. Instead, you should buy all of those coins that are good for long term as the way you handle your investments, you must be like that so no time to waste and effort to exert as you're just cool by holding for long term.

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Quote from: shield132 on October 25, 2021, 08:31:09 AM

Yeah, this thread is for these kind of people. If it's too late to buy, then why don't you never think about opening a short position on futures trading?

Future trading is very risky, isn't it?
And not all people are advanced or even understand about future trading.
Actually, opening a short position is not only in future trading. Moreover, we don't know if we should open Short or Long position when we are new to this.
I commonly enter the market in a certain rate and take profits even with small profits in the Spot market.
Actually, if we are too late to buy a coin, we can see another chance on other coins.

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Quote from: mk4 on October 25, 2021, 10:01:33 AM

Quote from: IIrik11 on October 25, 2021, 09:58:41 AM

I am one of those people who think they're late.

Guess what? People always think they're late when in bull markets. And guess what? A few years from now you're going to once gain think that you're late.

I wouldn't follow OP's recommendation though, unless you want to lose money.

It's not my recommendation for anyone to open short position on futures market. I'm just saying that there are people who think that it's late to buy while actually it isn't and there are some people who don't even know about futures trading and/or margin trading where you can open short position and earn while the price falls. It's just for educational purpose.

Quote from: Mahanton on November 08, 2021, 03:52:17 PM

Never ever buy on a hype or the market is already on FOMO state because you would really be finding yourself on big trouble once corrections do happen.

This is great advice! People usually enter when the market is on FOMO and that's the case where whales sell in high price and then suddenly it crashes. Whales aren't called whales without a reason, when whales open their mouth, all fish are in their stomach and whales feel satisfied.

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Quote from: Sled on November 08, 2021, 03:27:15 PM

Quote from: crzy on November 08, 2021, 02:44:07 PM

Quote from: tvplus006 on November 02, 2021, 05:51:30 PM

Quote from: shield132 on October 25, 2021, 08:31:09 AM

Yeah, this thread is for these kind of people. If it's too late to buy, then why don't you never think about opening a short position on futures trading? I really just don't get it....

Very often you have to stay away from deals, since the price for long is already too high, but it's too early to open a short. In this case, you need to wait for confirmation of the reversal formation, the price of which may be higher than the current price. In this case, the profit received in case of a successful transaction will be higher.

You also have to wait for a possible correction since there’s no strong bull trend if there is no correction so this happen many times and if you think its already expensive you can also look for other options if its good for long term holding or just short term holding, that’s your choice and it will be based on your strategy.

But for me, I'd rather wait until the huge correction comes than to open a short position and buy during the hype. Nah, it can be of huge risk, though and it is possible we just ended up losing. I can see some people doing this, they sometimes make and get some profit. Well, I can't just think how but they are smart and knowledgeable enough which I guess is not advisable to newbies/beginners.

So, before making a decision it was very important that we are very comfortable with what we do, otherwise.

Never ever buy on a hype or the market is already on FOMO state because you would really be finding yourself on big trouble once corrections do happen.
Yeah, it cant really be told on whether its hype or totally on a real bull run because price could increase without any news or sentiments attached to it which
it is really hard to determine and thats why risk taking would happen on these particular times. You cant really just buy without any basis
thats why when you do really need to have some knowledge and considerations before making any step.

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Quote from: crzy on November 08, 2021, 02:44:07 PM

Quote from: tvplus006 on November 02, 2021, 05:51:30 PM

Quote from: shield132 on October 25, 2021, 08:31:09 AM

Yeah, this thread is for these kind of people. If it's too late to buy, then why don't you never think about opening a short position on futures trading? I really just don't get it....

Very often you have to stay away from deals, since the price for long is already too high, but it's too early to open a short. In this case, you need to wait for confirmation of the reversal formation, the price of which may be higher than the current price. In this case, the profit received in case of a successful transaction will be higher.

You also have to wait for a possible correction since there’s no strong bull trend if there is no correction so this happen many times and if you think its already expensive you can also look for other options if its good for long term holding or just short term holding, that’s your choice and it will be based on your strategy.

But for me, I'd rather wait until the huge correction comes than to open a short position and buy during the hype. Nah, it can be of huge risk, though and it is possible we just ended up losing. I can see some people doing this, they sometimes make and get some profit. Well, I can't just think how but they are smart and knowledgeable enough which I guess is not advisable to newbies/beginners.

So, before making a decision it was very important that we are very comfortable with what we do, otherwise.

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Quote from: tvplus006 on November 02, 2021, 05:51:30 PM

Quote from: shield132 on October 25, 2021, 08:31:09 AM

Yeah, this thread is for these kind of people. If it's too late to buy, then why don't you never think about opening a short position on futures trading? I really just don't get it....

Very often you have to stay away from deals, since the price for long is already too high, but it's too early to open a short. In this case, you need to wait for confirmation of the reversal formation, the price of which may be higher than the current price. In this case, the profit received in case of a successful transaction will be higher.

You also have to wait for a possible correction since there’s no strong bull trend if there is no correction so this happen many times and if you think its already expensive you can also look for other options if its good for long term holding or just short term holding, that’s your choice and it will be based on your strategy.

Topic: For those who think that they caught the moment when it's late to buy (Read 411 times)