I wouldnt plan to buy now without also planning to buy in future, expecting or chasing the bottom price is probably not the best behaviour and can end with people giving up just before it does finally turn. Its possible all of us but especially some of us act irrationally at both market peaks but also market lows too and so we go too far in extremes in both cases. Price has to drop in some cases in order to service demand, that idea and requirement is more important then people being happy personally about whatever balance sheet they are operating.
Im just glad if BTC continues along its path even if it seems a tortoise pace rather then the hare sprint some had expected. I dont have any belief in new highs for 2023, endurance is best policy (maybe also BTC's best feature) imo so buy every year and plan for that I think best.
Topic: Generational Buying Period is On-Going (Read 348 times)
Many delay to buy because they think that the market still has the opportunity to fall, in my opinion this is a mistake because we lose the opportunity to profit when prices rise, as we know that even though the price falls but the opportunity for rising can occur daily so that we have to buy immediately Instead of waiting.
Everyone has their own opinion in the current conditions and this is also based on their own reasons for moving to buy or waiting. So there's no need to think of it as a mistake because maybe those who are waiting have already bought some crypto assets before so they don't have other money or extra money to buy again at the current conditions. And maybe they are also waiting for a price increase to occur in the market.For example, I allocate $10,000 for investment and it was already used up, even if the price will drop more I couldn't do buying anymore and the only thing I do is wait for the market to recover. Well, in the investment we should be practical...and we should stick into the limitation.
Many delay to buy because they think that the market still has the opportunity to fall, in my opinion this is a mistake because we lose the opportunity to profit when prices rise, as we know that even though the price falls but the opportunity for rising can occur daily so that we have to buy immediately Instead of waiting.
The longer they hold off on buying bitcoin at the current price, hoping it can go even lower, the more they miss that opportunity because we don't know what will happen next. We can only use every available opportunity to buy bitcoin and using DCA is highly recommended for now so we can buy it at a low price. If we don't buy at this time, we can be late to buy it later, especially if the price immediately increases without delay.
I think we are definitely in safe buying corridor right now but I tend to wait more, like 6-10 weeks more. I think its the best if you can maximize your potential returns on Bitcoin buy buying at rock bottom. We aren't there yet in my opinion. Yet it is obvious we are in safe to make money period, some of my friends started to buy Bitcoin $100 a day. I am bit more worried than him personally so I keep waiting. I hope it won't make me regret my decision.
Many delay to buy because they think that the market still has the opportunity to fall, in my opinion this is a mistake because we lose the opportunity to profit when prices rise, as we know that even though the price falls but the opportunity for rising can occur daily so that we have to buy immediately Instead of waiting.
Everyone has their own opinion in the current conditions and this is also based on their own reasons for moving to buy or waiting. So there's no need to think of it as a mistake because maybe those who are waiting have already bought some crypto assets before so they don't have other money or extra money to buy again at the current conditions. And maybe they are also waiting for a price increase to occur in the market. Many delay to buy because they think that the market still has the opportunity to fall, in my opinion this is a mistake because we lose the opportunity to profit when prices rise, as we know that even though the price falls but the opportunity for rising can occur daily so that we have to buy immediately Instead of waiting.
When no one could predict the direction of bitcoin market, then that kind of mistakes are unavoidable. To overcome such mistakes, you must need to buy only 10% of your planned capital and reserve the rest for future falls. This is simple trick is being coined these days as Dollar-Cost-Averaging. Even you are an expert in technical analysis, it is highly suggested to go with DCA rather than committing a basic investment mistakes.Right now, must be another great opportunity to buy bitcoin hence I do agree with OP to call the current bitcoin market situation as generational buying period because we may not ever get another chances to see bitcoin prices to be trading below $18 or $20k levels.
It is dangerous waiting any further. Buying at this price is really fair enough and a chance to meet up with some good profit during the bull run. Instead of waiting any further for price to drop below this which is still under strong probability i will rather buy as much as i can now have some reserve incase it dips further then catch up with that as well that way there will be nothing to lose because the next bull run will be so massive.
The best time to purchase cryptocurrency is directly when the price of Bitcoin is in the state of falling, but a process whereby the growth of Bitcoin is limited with such period, so i believe that it will directly be a larger opportunity for anyone who is investor to invest in cryptocurrency investment.Many delay to buy because they think that the market still has the opportunity to fall, in my opinion this is a mistake because we lose the opportunity to profit when prices rise, as we know that even though the price falls but the opportunity for rising can occur daily so that we have to buy immediately Instead of waiting.
It seems there are people who are still waiting for the price to go down to $10,000 for them to start buying. I cannot say they won't be able to buy anymore because the price won't touch $10,000, but I think it is much better for them to start dollar cost averaging at this point. At $17,000, Bitcoin is already cheap. They could set another buy order at $16,000 and then at $15,000 and so on until $10,000 is reached. But I highly doubt Bitcoin would fall to $10,000.
My weekly dca started
11/04 x
11/11 x
11/18 x
11/25 x
12/02 x
Nov 27 I grabbed 4x at 16.6k
Nov 21 I grabbed 4x at 15.9k
Nov 09 I grabbed 4x at 15.7k
So I got a lot of cheap corn in Nov
This is the reason why I encourage those who waited very long for the price to reach $10,000 so they could start buying to just start the buying right now. Your weekly DCA is a good proof to them that instead of waiting for a highly uncertain event, Bitcoin at $10,000, it is better to just act now. With Bitcoin's price right now at $17,245.59, the corns you got in November at bargain prices are all in profit now.
DCA is the key in dealing with Bitcoin's volatility and unpredictability. It is much better to have bought at $17,000 even if the price fell to $15,000 shortly after than not being able to buy anything at all because the price never touched $10,000.
How can we predict that the price will drop even lower, so we can wait for the right time? Maybe this is something that is difficult for us to know. If we look at the chart, of course the bullish and bearish processes are always in two directions at different times. Is it possible that the Bitcoin price will be under $15k or even lower than that?
Predicting is easy. You can just say any price that you think will occur in a certain date. You can also look at the charts and base your prediction on the past movements of the price. You can also base your prediction on the news that you see but there is no such thing as the right time so don't ever wait for it. For your last question, I guess no. Below $15k can be harder to spot, now that we are already in December.The price is also getting stable at $16k but I don't know maybe the price can resume to drop by next year. If you want to buy and you are planning to wait for it, I suggest buy something for now so that you will have something to sell in case an unexpected increase happens.
It seems there are people who are still waiting for the price to go down to $10,000 for them to start buying. I cannot say they won't be able to buy anymore because the price won't touch $10,000, but I think it is much better for them to start dollar cost averaging at this point. At $17,000, Bitcoin is already cheap. They could set another buy order at $16,000 and then at $15,000 and so on until $10,000 is reached. But I highly doubt Bitcoin would fall to $10,000.
My weekly dca started
11/04 x
11/11 x
11/18 x
11/25 x
12/02 x
Nov 27 I grabbed 4x at 16.6k
Nov 21 I grabbed 4x at 15.9k
Nov 09 I grabbed 4x at 15.7k
So I got a lot of cheap corn in Nov
You should not wait for prices to go any lower than this. 
https://buybitcoinworldwide.com/stats/days-since-high/
How can we predict that the price will drop even lower, so we can wait for the right time? Maybe this is something that is difficult for us to know. If we look at the chart, of course the bullish and bearish processes are always in two directions at different times. Is it possible that the Bitcoin price will be under $15k or even lower than that?https://buybitcoinworldwide.com/stats/days-since-high/
You should not wait for prices to go any lower than this.
https://buybitcoinworldwide.com/stats/days-since-high/
How can we predict that the price will drop even lower, so we can wait for the right time? Maybe this is something that is difficult for us to know. If we look at the chart, of course the bullish and bearish processes are always in two directions at different times. Is it possible that the Bitcoin price will be under $15k or even lower than that? https://buybitcoinworldwide.com/stats/days-since-high/
It seems there are people who are still waiting for the price to go down to $10,000 for them to start buying. I cannot say they won't be able to buy anymore because the price won't touch $10,000, but I think it is much better for them to start dollar cost averaging at this point. At $17,000, Bitcoin is already cheap. They could set another buy order at $16,000 and then at $15,000 and so on until $10,000 is reached. But I highly doubt Bitcoin would fall to $10,000.
It is dangerous waiting any further. Buying at this price is really fair enough and a chance to meet up with some good profit during the bull run. Instead of waiting any further for price to drop below this which is still under strong probability i will rather buy as much as i can now have some reserve incase it dips further then catch up with that as well that way there will be nothing to lose because the next bull run will be so massive.
The best time to purchase cryptocurrency is directly when the price of Bitcoin is in the state of falling, but a process whereby the growth of Bitcoin is limited with such period, so i believe that it will directly be a larger opportunity for anyone who is investor to invest in cryptocurrency investment.Some might be considering this current price to be a good entry point and some do still consider on waiting up for more dips since there are lots of talks about going below 10k which is something that
other people been eyeing on.For now its really that mind boggling specially on a price where it is really that consolidating or something that moving sideways.
If you do see that it is the right time to buy then go for it.Its your money then its your choice on what actions would be made out.
It is dangerous waiting any further. Buying at this price is really fair enough and a chance to meet up with some good profit during the bull run. Instead of waiting any further for price to drop below this which is still under strong probability i will rather buy as much as i can now have some reserve incase it dips further then catch up with that as well that way there will be nothing to lose because the next bull run will be so massive.
The best time to purchase cryptocurrency is directly when the price of Bitcoin is in the state of falling, but a process whereby the growth of Bitcoin is limited with such period, so i believe that it will directly be a larger opportunity for anyone who is investor to invest in cryptocurrency investment. You should not wait for prices to go any lower than this.
Yes, the price of bitcoin seems to have bottomed out and should not go lower than this but we never know the future. Even if the price goes to 12k to 14K (as most of people are predicting the ultimate bottom for this bear market), we should not panic. We can buy 75% of our portfolio at current prices and in case it goes lower we can buy the remaining 25% at those lower prices.
I agree. If you've been sitting on the sidelines watching this market and waiting for a time to get in, this is it. You should be dollar cost average buying into this market and if you're lucky you might get several months or even a year to accumulate before it jumps up and starts another run. If history repeats, you'll be well rewarded, but you do have to take the risk. You have to buy, buy regularly, and resist the temptation to trade. The next halving isn't so far off that we could see a ton more falling and the market has been holding up well in spite of all the calamity and miners selling. The next bubble is only about 900 days away. Stay alive. Hold on.
It is dangerous waiting any further. Buying at this price is really fair enough and a chance to meet up with some good profit during the bull run. Instead of waiting any further for price to drop below this which is still under strong probability i will rather buy as much as i can now have some reserve incase it dips further then catch up with that as well that way there will be nothing to lose because the next bull run will be so massive.
Yes it is, if we wait for the price to be lower than now, will it really happen? the chances are very slim in my opinion. And even if the price came back lower would people say they would buy when the price was lower would they do what they said they would? i think no, they will come back saying the same thing.There's no guarantee that prices will be any lower than they are now, so I agree it's better to be prepared than to wait for something uncertain. After all, if we are an investor who is prepared to hold for the long term then this is one of the best times to increase our portfolio size.
I don't want to be a datu of people who regret waiting for lower prices than now.
Basically markets are in bad shape. If Bitcoin survives this month, then we bottomed.
Bitcoin will survive due to the fact that it is decentralized, which means even if all CEX and all the banks connected to them fail. Of course, everything revolves around the price and how low it can go, and I guess it should be clear to all of us that everything is possible and that everyone has their own exit price, whether it's positive or negative.
It may seem that this month is important, but I would say that the next 8-10 months will be more or less problematic in the sense that we can expect new shocks in the cryptocurrency market. It is more than obvious that there is currently no great demand for Bitcoin, and the halving is still quite far away to create FOMO.
Just posted this in another thread -
Hope everybody is buying at the moment. I still think we will go lower, $12,000 to $14,000 on the cards imo. I am buying at the current price though. Just need to have substantial funds ready for the absolute bottom range. It’s impossible to buy the bottom but you can sure as hell try your best to get close.
We are 100% going to 6 figures in $ per bitcoin by the end of 2025. Do not miss this (for some of you noobs) once in a lifetime opportunity. Easy 10 x your money from here.
DCA & HODL mid to long term, brothers!
We are 100% going to 6 figures in $ per bitcoin by the end of 2025. Do not miss this (for some of you noobs) once in a lifetime opportunity. Easy 10 x your money from here.
DCA & HODL mid to long term, brothers!
I have a dca set on coinbase for the next 20 weeks I will revisit it later.
Right now it’s make it or break it for Bitcoin.
We got horrible news. Basically exchanges going under, banks possibly going under, genesis needs $1B and is dumping their GBTC shares and pushing the GBTC discount to almost 50%.
Basically markets are in bad shape. If Bitcoin survives this month, then we bottomed.
We got horrible news. Basically exchanges going under, banks possibly going under, genesis needs $1B and is dumping their GBTC shares and pushing the GBTC discount to almost 50%.
Basically markets are in bad shape. If Bitcoin survives this month, then we bottomed.
It is dangerous waiting any further. Buying at this price is really fair enough and a chance to meet up with some good profit during the bull run. Instead of waiting any further for price to drop below this which is still under strong probability i will rather buy as much as i can now have some reserve incase it dips further then catch up with that as well that way there will be nothing to lose because the next bull run will be so massive.
Just posted this in another thread -
Hope everybody is buying at the moment. I still think we will go lower, $12,000 to $14,000 on the cards imo. I am buying at the current price though. Just need to have substantial funds ready for the absolute bottom range. It’s impossible to buy the bottom but you can sure as hell try your best to get close.
We are 100% going to 6 figures in $ per bitcoin by the end of 2025. Do not miss this (for some of you noobs) once in a lifetime opportunity. Easy 10 x your money from here.
DCA & HODL mid to long term, brothers!
We are 100% going to 6 figures in $ per bitcoin by the end of 2025. Do not miss this (for some of you noobs) once in a lifetime opportunity. Easy 10 x your money from here.
DCA & HODL mid to long term, brothers!
The majority will still wait for the price to be even lower, because agendas have been circulating on the forum for months that it simply has to happen that the bottom is formed as close as possible to $10 000. And regardless, this crash couldn't have happened at a worse time, because inflation is such that very few people can afford to invest in Bitcoin or anything else because they don't have enough for basic life needs.
I agree this is the most dominant reason why people will wait, again the crypto market is currently experiencing a bit of loss of confidence due to some big projects failing like the two cases of Terra and FTX recently. This has made a lot of people out there wary of crypto even though it is recovering gradually.Fortunately, people have a very short-term memory, which means that in 6 months, things might get better, and as the halving approaches, the economic situation might be better than today, which will encourage a new wave of investments in Bitcoin.
True, but if the aftershocks are deeper then I believe 6 months is too short to get much faith in crypto again. Maybe a little longer, but who knows. Fortunately, the halving is getting closer, it will create a better mood for crypto among its traders and investors. 
While I would agree that now there are plenty of metrics pointing to now being the time to buy, it’s important to remember that things can always be different going forward. That being said, I think now is a great time to be dollar cost averaging your way into crypto with small weekly buys. Keep it up for a couple of years and you’ll most likely be well rewarded when the market turns back upward.
Well said!Not all things happened in the past would eventually be happening in the future.We might be seeing similar behavior or patter but doesnt mean that it would be 100% be happening in the future.
This is why people should really be realizing about the certain risk when you do make yourself so sure about those ATH movements which its never been a guarantee.
Always set or take precautions when it comes to your trading decisions specially on buying entries.Dont make that all in kind of behavior
or always having that risk management always intact.
The memory of buying after the dump months ago is still fresh. Now it's way cheaper like 10k of USD less. Just thinking about it makes me smile already.
I don't regret what I have done before, and I still won't regret it now. If the dump won't stop then I will keep on buying in parts until my capital is depleted.
It's harder to be on the other side where you are not buying now and regretting it later. It's a nightmare that will keep on visiting you in your sleep.
The "what if's".
It should be remembered, that is for us to know if it's now ready to sell and take profits. If we are buying too often, we can also write it down in the notebook or on our phone. But, it's great that you are smiling instead of regretting on why you didn't wait for the price to drop but many are not like that. I don't regret what I have done before, and I still won't regret it now. If the dump won't stop then I will keep on buying in parts until my capital is depleted.
It's harder to be on the other side where you are not buying now and regretting it later. It's a nightmare that will keep on visiting you in your sleep.
The "what if's".
This is why DCA is invented and being recommended the most to avoid regrets and get involved in each dumping of the price. I guess your last buying price is at $25k, judging on how you calculate how much you can save if you will buy again today. $25k is a decent buying price IMO so don't worry. It should gave you a great returns already by the time we get back to the last ath.
There is no best time to buy Bitcoins according to me. I mean Bitcoins are the best digital asset available in the market, if we still question on the capability of Bitcoin then definitely we will miss the best price to buy the Bitcoins.
There's actually a good time for buying Bitcoin, precisely buying Bitcoin in a discount ( the dip) makes more sense than buying the top, Therefore Buying Bitcoin now with a discount in price is actually the best time to start accumulating Bitcoin for someone that has not started yet, while for people that has already bought some BTC should have patient and keep holding, or either buy more now to increase their portfolio at cheaper Bitcoin. Bitcoin will bounce back one day.
There is no best time to buy Bitcoins according to me. I mean Bitcoins are the best digital asset available in the market, if we still question on the capability of Bitcoin then definitely we will miss the best price to buy the Bitcoins. If we are able to grab some Bitcoins anywhere less than 20k usd, then consider ourselves lucky. Just buy a bunch of coins right now and enjoy a whopping profit of 4x in a year. Wishing everyone all the best with the trading venture.
The majority will still wait for the price to be even lower, because agendas have been circulating on the forum for months that it simply has to happen that the bottom is formed as close as possible to $10 000. And regardless, this crash couldn't have happened at a worse time, because inflation is such that very few people can afford to invest in Bitcoin or anything else because they don't have enough for basic life needs.
In addition to all this that has happened recently, and above all I am thinking of the biggest scam in history (Kwon Terra/Luna) and now Mr. Bankman scamchange, the amount of mistrust that has crept in among people is really at a high level. Fortunately, people have a very short-term memory, which means that in 6 months, things might get better, and as the halving approaches, the economic situation might be better than today, which will encourage a new wave of investments in Bitcoin.
In addition to all this that has happened recently, and above all I am thinking of the biggest scam in history (Kwon Terra/Luna) and now Mr. Bankman scamchange, the amount of mistrust that has crept in among people is really at a high level. Fortunately, people have a very short-term memory, which means that in 6 months, things might get better, and as the halving approaches, the economic situation might be better than today, which will encourage a new wave of investments in Bitcoin.
The memory of buying after the dump months ago is still fresh. Now it's way cheaper like 10k of USD less. Just thinking about it makes me smile already.
I don't regret what I have done before, and I still won't regret it now. If the dump won't stop then I will keep on buying in parts until my capital is depleted.
It's harder to be on the other side where you are not buying now and regretting it later. It's a nightmare that will keep on visiting you in your sleep.
The "what if's".
I don't regret what I have done before, and I still won't regret it now. If the dump won't stop then I will keep on buying in parts until my capital is depleted.
It's harder to be on the other side where you are not buying now and regretting it later. It's a nightmare that will keep on visiting you in your sleep.
The "what if's".
There is a limit to how much we can buy, that is the only problem most of us are facing. I mean I cannot buy 10 million dollars worth of bitcoin because I do not even have 10k dollars let alone 10 million. Which means we buy as much as we can afford, but as long as those whales do not get in, we can't really do much about it.
Just focus on what we can do with our money and then the rest is let’s all hope that bitcoin will be picked up by the whales again and people would start to buy bitcoin in tens of millions, even a few millions to profit, that way we would be doing a lot better and the price would go up too because of all the bulk purchases making the market go up very fast and creating hype for everyone.
Just focus on what we can do with our money and then the rest is let’s all hope that bitcoin will be picked up by the whales again and people would start to buy bitcoin in tens of millions, even a few millions to profit, that way we would be doing a lot better and the price would go up too because of all the bulk purchases making the market go up very fast and creating hype for everyone.
I wouldn't call it a limit though, I guess it's just how much you can buy with your budget. Work around it, grind everyday, but the reward will be worth in the future.
And so it could be like less than $100 per month, just because that is the only amount we can allot to buying Bitcoin, and it should only be BTC, not shitcoin or meme coin or some altcoin. WE should just focus on buying Bitcoin as this point, in whatever way we can, as I have said DCA, or maybe if you have our Christmas bonus already, maybe you can try as little as 10% and then HODL.
Well looking at the above, it seems the safer time to buy it when the dots are yellow and not orange. We got lots of indications now pointing to a bottom. Most important is that many are calling bitcoin a scam and are withdrawing all their funds into their bank accounts, usually when this happens. Its a perfect time to buy.
How many people do you know that are buying now? Most I know are either holding for lower prices or they are selling. Seems like the perfect time to buy...until it isn't. I think we had these "perfect time to buy" about 5 times this year.
How many people do you know that are buying now? Most I know are either holding for lower prices or they are selling. Seems like the perfect time to buy...until it isn't. I think we had these "perfect time to buy" about 5 times this year.
Waiting for a certain period or point in the cycle would mean the individual has not yet made up their mind to buy yet, and an infographic would not convinced them to do so.
Dollar Cost Averaging which OgNasty suggested above does not need one to be able to read technical analysis or understand where the market is heading, it just needs consistent buy in amounts at regular time intervals, which when accumulated overtime would prove to be a good way to build sats.
Most people here so not know how to read technic analysis they think they do but really what they have been doing is getting lucky when predicting. Technical analysis is a real skill that they teach in economics and that is done with stocks but Bitcoin behaves different to normal stocks. Dollar Cost Averaging which OgNasty suggested above does not need one to be able to read technical analysis or understand where the market is heading, it just needs consistent buy in amounts at regular time intervals, which when accumulated overtime would prove to be a good way to build sats.
There is a limit to how much we can buy, that is the only problem most of us are facing. I mean I cannot buy 10 million dollars worth of bitcoin because I do not even have 10k dollars let alone 10 million. Which means we buy as much as we can afford, but as long as those whales do not get in, we can't really do much about it.
Just focus on what we can do with our money and then the rest is let’s all hope that bitcoin will be picked up by the whales again and people would start to buy bitcoin in tens of millions, even a few millions to profit, that way we would be doing a lot better and the price would go up too because of all the bulk purchases making the market go up very fast and creating hype for everyone.
Just focus on what we can do with our money and then the rest is let’s all hope that bitcoin will be picked up by the whales again and people would start to buy bitcoin in tens of millions, even a few millions to profit, that way we would be doing a lot better and the price would go up too because of all the bulk purchases making the market go up very fast and creating hype for everyone.
I think it's an easy decision though to buy at this price, DCA or simply buying in bulk, or whatever fits your strategy. The price is cheap, one thread says that we are in 2018 price, or 2017 prior to the all time high that time. So yes, generational buying period or simply accumulation phase.
History already tell us that in the future, the price will experience a massive growth.
Just a matter of time on how we are going to see and seized the advantage that we have today.
History already tell us that in the future, the price will experience a massive growth.
Just a matter of time on how we are going to see and seized the advantage that we have today.
I tend to agree, I have a few accounts where the balance is dollars but the withdrawal will be in BTC which means the price going down gives me more BTC. I'm inclined to stop my hesitation and just withdraw in this area of pricing not that I know the bottom price exactly just that its nearing very close to the right area for a longer term bottom. The depths of price action are always lower then people expected because to consider this point you must look back many years as well as forward so its a balance of the two and this is very probably a pivotal area of pricing.
Waiting for a certain period or point in the cycle would mean the individual has not yet made up their mind to buy yet, and an infographic would not convinced them to do so.
Dollar Cost Averaging which OgNasty suggested above does not need one to be able to read technical analysis or understand where the market is heading, it just needs consistent buy in amounts at regular time intervals, which when accumulated overtime would prove to be a good way to build sats.
Dollar Cost Averaging which OgNasty suggested above does not need one to be able to read technical analysis or understand where the market is heading, it just needs consistent buy in amounts at regular time intervals, which when accumulated overtime would prove to be a good way to build sats.
While I would agree that now there are plenty of metrics pointing to now being the time to buy, it’s important to remember that things can always be different going forward. That being said, I think now is a great time to be dollar cost averaging your way into crypto with small weekly buys. Keep it up for a couple of years and you’ll most likely be well rewarded when the market turns back upward.
You should not wait for prices to go any lower than this.
https://buybitcoinworldwide.com/stats/days-since-high/
https://buybitcoinworldwide.com/stats/days-since-high/
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