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Topic: How much money do you currently have, you can buy cryptocurrency at the bottom. - page 2. (Read 3135 times)

member
Activity: 770
Merit: 14
www.thegeomadao.com
I do not have enough money to invest in cryptocurrency. I have been suffering loss in the crypto market. I bought some altcoins some three years back. But price of these coins shed by almost 70 percent. Now I am planning to wait for bullish run to come and recover my loss. Till then, I will join bounty campaigns.
full member
Activity: 770
Merit: 113
To be honest, I have lost a lot of money in this cold bear season. But that is not the solution for me to give up, because the bear market is the right moment to buy and accumulate altcoins. I will keep it for the incoming hot bull season this year.
You are not alone. I've also lost a lot since mid-2018. Many experienced traders have speculated that when bitcoin dominance decreases, trends change, altcoin starts to adjust and bounce back slowly, and that is starting to be seen now. I'm also still doing the analysis to get the bottom floor then waiting to bounce again.
legendary
Activity: 1344
Merit: 1001
TBH, I have lost a lot of money during the bear market and there is less chance I will able to recover the loss in the bull market. For recovering the loss, finding the reliable projects in investing may help but the risks don't let to put all in the altcoins. The required amounts for profitable top altcoins exceed the small amount of budgets.

The market is at the bottom which is profitable to go 50% of the Bitcoin holdings to the altcoins. Depending on the profit expectation, altcoins will reach the middle of the uptrend line in case of the bull market. If the bear market continues for the rest of the year,  the new uptrend will be much more strong than we predict.
legendary
Activity: 3080
Merit: 1353
From the bull market in 2017 to the present, the price of mainstream cryptocurrency has fallen sharply.

It's just an indication that the market goes on a cycle, last 2017 was the biggest bullish trend we have seen so far. But as soon as it burst, follows the bearish trend that's why the price is still on a decline.

How much money do you currently have, you can buy cryptocurrencies in the future market. If the bear market will last for a few years. What do you choose to do?

I don't think that any traders will say how much money they have. Of course, even though we are in a bear market, it doesn't mean we can't put our money and buy good coins and do nothing but hold. On the other hand, traders will be traders, they will continue to try and make money regardless of the current market situations. So for me, continue to bag cheap coins and then trade if I see some profitability and take that risk. Exit on time, rinse and repeat.
jr. member
Activity: 370
Merit: 1
Currently I have no money left, I have all my money invested in cryptocurrency already but this is taught me a lesson save a little sum to buy the cheap coins later I learn from it.
full member
Activity: 1008
Merit: 101
From the bull market in 2017 to the present, the price of mainstream cryptocurrency has fallen sharply. How much money do you currently have, you can buy cryptocurrencies in the future market. If the bear market will last for a few years. What do you choose to do?


Currently the prices of cryptocurrencies are governed by several factors:
1) Actual use demand - or the application of cryptocurrencies is not much
2) Some people hold too much of a digital currency. After increasing the price, people sell it down. Therefore it is highly volatile

But I believe this is money for the near future. And when it is widely adopted, the price will rise. For me this is a period of additional accumulation by using idle money to invest. and a few years later maybe I could sit and have coffee with you in your country.  Grin Grin
I am happy to see your spirit that you are not gona give up ever i am sure One day you will be able to recover all your lose as you now know very well when to buy and when to sell your coin. Now a day the price is low so you should try to buy more but as said you lost allot it happens because of panic selling kindly avoid panic selling.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
From the bull market in 2017 to the present, the price of mainstream cryptocurrency has fallen sharply. How much money do you currently have, you can buy cryptocurrencies in the future market. If the bear market will last for a few years. What do you choose to do?
Bitcoin is the only coin thats worth rushing to buy if it loses big value, for altcoin it can be very tricky because you can't predict if the price will keep falling after you rush to buy on exchange but as for bitcoin there is a bigger chance that it will recover in a short period of time
If you ask many traders how they have been making profit, they will tell you that they buy at dip and they sell at high, and the amount they make depends on the number of times that they get to see dip to buy and sell high, and the only cryptocurrency that would really give them such opportunity is bitcoin, because anytime that bitcoin dips, it is certain that it will surely increase back no matter how little they are, I have never seen bitcoin keeps gown down without having some percentage of high correction later in future.

Most of the altcoins that you see, when you see their dip, you need to first run far away from them, then keep sighting and monitoring them from afar because if you near their dip, you will end up being a bad holder off the coin.
jr. member
Activity: 420
Merit: 1
From the bull market in 2017 to the present, the price of mainstream cryptocurrency has fallen sharply. How much money do you currently have, you can buy cryptocurrencies in the future market. If the bear market will last for a few years. What do you choose to do?


Currently the prices of cryptocurrencies are governed by several factors:
1) Actual use demand - or the application of cryptocurrencies is not much
2) Some people hold too much of a digital currency. After increasing the price, people sell it down. Therefore it is highly volatile

But I believe this is money for the near future. And when it is widely adopted, the price will rise. For me this is a period of additional accumulation by using idle money to invest. and a few years later maybe I could sit and have coffee with you in your country.  Grin Grin
sr. member
Activity: 1008
Merit: 250
To be honest, I have lost a lot of money in this cold bear season. But that is not the solution for me to give up, because the bear market is the right moment to buy and accumulate altcoins. I will keep it for the incoming hot bull season this year.
member
Activity: 784
Merit: 21
From the bull market in 2017 to the present, the price of mainstream cryptocurrency has fallen sharply. How much money do you currently have, you can buy cryptocurrencies in the future market. If the bear market will last for a few years. What do you choose to do?
Bitcoin is the only coin thats worth rushing to buy if it loses big value, for altcoin it can be very tricky because you can't predict if the price will keep falling after you rush to buy on exchange but as for bitcoin there is a bigger chance that it will recover in a short period of time
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
yes you should be able to take advantage of this moment to be able to buy a lot of altcoin or a lot of cryptocurrency because many coin prices are falling and many traders are panicking, use these traders to buy their assets at low prices.
full member
Activity: 1064
Merit: 101
HELENA
From the bull market in 2017 to the present, the price of mainstream cryptocurrency has fallen sharply. How much money do you currently have, you can buy cryptocurrencies in the future market. If the bear market will last for a few years. What do you choose to do?

I will still buy even if it's in the bear market. but not for long-term holding. I will only trade, and look for a small profit. maybe someone thinks buying now and holding it for a long time is the best choice, because the price of coins is low. but I think that's a bad decision, the reason being that we never know when market growth will occur. the market could be in a bearish state for a very long time.
member
Activity: 490
Merit: 10
I doubt that it is a good point to buy crypto right now, because the market is still very uncertain. I have already invested a lot of money into tokens, so I am just waiting for another wave of hype and hope that Bakkt exchange can push it further.
legendary
Activity: 2982
Merit: 1028
Not too worried if another bear market cycle comes around. I've got a solid job at the moment so I'm able to dollar cost average BTC and a few major altcoins weekly or monthly, so I'll keep accumulating through those times. I've never been been worried about not buying at the absolute bottom or selling the absolute top, either- I scale in and out of coins as necessary, and it's extremely hard to catch exact tops and bottoms as well. My portfolio value has indeed dropped a bit since 2017, but it's coming back up and I'm using the new knowledge I've gained since then to make better decision this time around.  
It is very important to have a stable job in a bear market, so that you can get through the current difficulties, and you can let your family continue to live. Buy some bitcoin every week. This is also a very good way to bear in the bear market. Lower your average price, which needs to be operated according to your current funding situation.
Having a good source of funding for your investment would help you a lot to make a good call and choose the right project/s to bring inside your wallet, not only Bitcoin but also those top solid Alts who already have a good communities to backup the project for future reference of success.

With good amount of money to spend with your investment, you'll be able to plan wisely with accordance from the situations that taking place right now.
member
Activity: 736
Merit: 11
when the market is weakening and there is an opportunity to buy altcoin at low prices but unfortunately I don't have a lot of money, I can only buy a few seeds with BNB. from here I will take the option to stay in the long term or at least until the market is completely stable.
hero member
Activity: 1666
Merit: 502
From the bull market in 2017 to the present, the price of mainstream cryptocurrency has fallen sharply. How much money do you currently have, you can buy cryptocurrencies in the future market. If the bear market will last for a few years. What do you choose to do?
If I calculate with what I have now I can buy 5+ bitcoin at current prices, maybe if I have the desire to buy, maybe at $ 3000. The crypto market is more likely to go down every day, the increase is not constant so it's very difficult to think of investing in bitcoin.
full member
Activity: 274
Merit: 101
AI Growth Hacking, Crowd Shilling, and Guerrilla M
Yeah, some coins got really cheap. Still, why should it tempt us? Maybe it was never worth it. We should be thoughtful in these matters.
sr. member
Activity: 661
Merit: 251
As it stands, I am rather putting money into the top 10 altcoins for the 10 percent trades. These coins are the primary reactors in the market after bitcoin and safer to trade unlike other coins on coinmarketcap. Till there's a positive turn around and trust in the market, investing in any other coin will be considered high risk by me
legendary
Activity: 1890
Merit: 1003
From the bull market in 2017 to the present, the price of mainstream cryptocurrency has fallen sharply. How much money do you currently have, you can buy cryptocurrencies in the future market. If the bear market will last for a few years. What do you choose to do?
After the last market collapse, I made a strategical move with diversifying my crypto portfolio. Some of the altcoins made a new higher-high price point and I liquidated my trades on those levels in order to buy other potential altcoins. The bear market is not done its job and the wave of the next downtrend is not far according to my market analyze. At least, the small amount of BTC is necessary for buying the cheap altcoins and this amount depends on the personal preference of the crypto traders. Understanding these facts will guide the trader for getting the best trading performance in the crypto markets. The facts show us the reality, the experienced traders share their opinion which is based on their market expertise. Buying at the bottom is the same to catch the falling knife in the bear market, in such cases I prefer to wait for the less foggy market environment which is best for buying the uptrend while the market is in the correction mood.
hero member
Activity: 966
Merit: 500
📱 CARTESI 📱 INFRASTRUCTURE FOR SCA
I think for those who bought Bitcoin at the beginning of 2017 for $ 800, the price of the first cryptocurrency suits today.
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