I missed the bottom or i have time to invest

Lida93

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Quote from: cafter on April 03, 2023, 03:33:00 AM

here we can see clearly the bitcoin price has crossed the 200 ma and successfully retested and now it's up , according to technical it seems bullish and begining of bullmarket,
I am thinking to invest in bitcoin for 6month or a year, is it good price to invest ? i will make profit from this point?
or is it possible for price to go low then this?

The market is clearly unpredictable and anyone that's not ready yet to take the risk should hold still until when you're ready. What I may assume to be a good price for myself may not be for you as out pockets differs. You have done your analysis, and if you're moved to go ahead and buy then just proceed but make you investment plan beyond just 6months to 1 year thing. Exceed the term beyond just a year as the future of bitcoin is looking more bullish than yiu or anyone can imagine.

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Quote from: ivankoh on April 18, 2023, 10:59:04 AM

After having moved away from the 15k bottom (down), bitcoin is moving up into the $30k range (I think it's entering a recovery phase) and there is bound to be a bullish breakout ahead of the way. . All dips are being scrutinized at this point, early accumulating buying opportunities will become increasingly difficult. Therefore, the best time to buy now is almost a pressure compared to waiting for the price to go down but almost guaranteed, maybe I am wrong but this thinking drives my accumulative buying plans to become stronger.

It is very good if you still have the urge to buy more with the capital that you still have at this time, because today Bitcoin is starting to go under $ 28K again which is a price that is good enough to be bought again by some people who have past prices of this magnitude before. Because I still believe that price recovery through an increase is still very likely to occur this month if there are no bad things that can affect Bitcoin to continue to be corrected as it is now.

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Quote from: carlfebz2 on April 20, 2023, 06:20:44 PM

Quote from: ItsCrafty on April 18, 2023, 12:31:08 PM

Quote from: pixie85 on April 18, 2023, 11:34:59 AM

At this point I think you've missed the bottom if you still haven't bought bitcoin. Bitcoin would have to crash by 50% for you to get a chance to buy low but from my experience if that ever happens people will be to scared to buy.

If BTC crash 50% from now it will dump to 20k and still no one can say that it will be bottom of BTC for this season. Op already missed opportunity when Btc crashed to 15k because of Usdc fud and later btc become more stronger and I don't think then btc will again crash because there is no any bad news. The only possible dump is Sec CP if its results in high rate then we may see little correction. This phenomenal is detail discussed by Sayeds56.

Bottom is something that cant be known and we know that there's always a possibility that the price could really be going down. In speaking about bottom prices then we could really be able to point out on making

use of technical indicators which we could be able to point out about those possible levels but of course we do know that this market is something that cant be predicted.There's always those possible moments and events which could driven down the price on least expected.This is why on the time that you had stepped your foot into this market then you should really be making
yourself get prepared for whatever things that you would encounter.

There are many factors and influenced that affects how the market works, we can't predict accurately we can only use technical indicators as possible basis of how we will anticipate the market, but the fate of our investment will continue to depend from how the market will move, you always have the chance to make a decent benefit as long as you are willing to take the risk and learn more about the market and how it will going to move forward.

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Quote from: ItsCrafty on April 18, 2023, 12:31:08 PM

Quote from: pixie85 on April 18, 2023, 11:34:59 AM

At this point I think you've missed the bottom if you still haven't bought bitcoin. Bitcoin would have to crash by 50% for you to get a chance to buy low but from my experience if that ever happens people will be to scared to buy.

If BTC crash 50% from now it will dump to 20k and still no one can say that it will be bottom of BTC for this season. Op already missed opportunity when Btc crashed to 15k because of Usdc fud and later btc become more stronger and I don't think then btc will again crash because there is no any bad news. The only possible dump is Sec CP if its results in high rate then we may see little correction. This phenomenal is detail discussed by Sayeds56.

Bottom is something that cant be known and we know that there's always a possibility that the price could really be going down. In speaking about bottom prices then we could really be able to point out on making

use of technical indicators which we could be able to point out about those possible levels but of course we do know that this market is something that cant be predicted.There's always those possible moments and events which could driven down the price on least expected.This is why on the time that you had stepped your foot into this market then you should really be making
yourself get prepared for whatever things that you would encounter.

ItsCrafty

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Quote from: pixie85 on April 18, 2023, 11:34:59 AM

At this point I think you've missed the bottom if you still haven't bought bitcoin. Bitcoin would have to crash by 50% for you to get a chance to buy low but from my experience if that ever happens people will be to scared to buy.

If BTC crash 50% from now it will dump to 20k and still no one can say that it will be bottom of BTC for this season. Op already missed opportunity when Btc crashed to 15k because of Usdc fud and later btc become more stronger and I don't think then btc will again crash because there is no any bad news. The only possible dump is Sec CP if its results in high rate then we may see little correction. This phenomenal is detail discussed by Sayeds56.

Sayeds56

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Quote from: ivankoh on April 18, 2023, 10:59:04 AM

After having moved away from the 15k bottom (down), bitcoin is moving up into the $30k range (I think it's entering a recovery phase) and there is bound to be a bullish breakout ahead of the way. . All dips are being scrutinized at this point, early accumulating buying opportunities will become increasingly difficult. Therefore, the best time to buy now is almost a pressure compared to waiting for the price to go down but almost guaranteed, maybe I am wrong but this thinking drives my accumulative buying plans to become stronger.

I think the main factor that contributed to recovery of Bitcoin can be attributed to sustained decline in CPI which promoted FED to reconsider its stance on tight monetary policy. consequently interest rates were increased at a slower pace. This proved to be very positive development for both stocks and Bitcoin markets.
Additionally, continuous collapse of Banks in USA has promoted big to seek alternative investments , with Bitcoin emerging as an attractive option. The current positive sentiment is likely to continue in coming months and hopefully, we may see Bitcoin price at around 40,000 soon.

pixie85

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At this point I think you've missed the bottom if you still haven't bought bitcoin. Bitcoin would have to crash by 50% for you to get a chance to buy low but from my experience if that ever happens people will be to scared to buy.

Of course there's always a small chance for an extreme event to happen like when covid pandemics broke out and all stocks and bitcoin crashed, but even if that flash crash happens will you have the money on exchanges and buy orders set? If you don't have these buys ready and waiting and don't have time to check prices every hour, just buy now. It's better to have bitcoin than not have it.

ivankoh

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After having moved away from the 15k bottom (down), bitcoin is moving up into the $30k range (I think it's entering a recovery phase) and there is bound to be a bullish breakout ahead of the way. . All dips are being scrutinized at this point, early accumulating buying opportunities will become increasingly difficult. Therefore, the best time to buy now is almost a pressure compared to waiting for the price to go down but almost guaranteed, maybe I am wrong but this thinking drives my accumulative buying plans to become stronger.

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Quote from: Sayeds56 on April 17, 2023, 02:33:40 AM

Bitcoin is relatively a new asset when we compare it with Gold which also falls in store of value category and has widespread acceptance since long time. However, despite its popularity because of its potential to outperform, many people are still skeptical about it and perceive it as high volatile and risky asset.

It has been observed throughout the history that early adapters of technology always enjoy advantage. In my view, current price of Bitcoin still presents favorable opportunity to take entry for those who missed out opportunity to buy it when it was trading below $20,000.

I think time is a bit less important and the marketcap matters a bit more. Meaning that bitcoin "may" pass gold in marketcap, but not a ton, it can't possibly be x20 times golds marketcap, and I mean all of crypto, not even just bitcoin, just bitcoin would not be able to reach x10 of golds marketcap. So when you consider that as a fact, you see that there is a cap on how much bitcoin can be, obviously a lot more than what it is today but it is still not a lot.

We won't be seeing x1000 from bitcoin anymore, impossible to reach, that would mean 30 million dollars per bitcoin and I bet that won't happen, not now anyway, maybe in 100 years who knows. This is why there is a limit to it, and you should buy it as soon as you can to take advantage of that.

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Quote from: Sayeds56 on April 15, 2023, 05:11:27 AM

It is very difficult to correctly identify the bottom or top of any trade able asset even for experienced individuals in technical analysis. The primary function of technical analysis is provide insight about a particular asset or market such as Bullish, bear or sideways trends, and predict potential price movement of any specific asset based on its previous patterns. The most effective and workable strategy is to accumulate Bitcoin or any other asset on every significant dip and continue doing so until your trade becomes profitable and at this point it is up to you to decide whether to book profit or hold onto asset until your trade reaches your target profit.

We will only know that the price was at the bottom or at the top once we pass through it, or if we already end the year and check the price history. The only thing that we can do is to trust our instincts and buy when we feel that this was the bottom or sell when we feel that it was the top but other than instincts, of course we must do an analysis first.

We can buy BTC even the price isn't at the bottom but it's risky to do it on other coins. If other coins are dumping, it doesn't mean that they are now good to buy but we must research these coins first if they have a potential to recover and rise or they are dumping because their mission is over.

Sayeds56

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Quote from: BobK71 on April 17, 2023, 01:54:19 AM

There may be two types of investors in this regard. Someone can not collect Bitcoin because of the financial crisis. Again many people cannot bring confidence despite having financially transparency. However, there are many people who have been negative about Bitcoin, they have returned to Bitcoin. Some missed a chance, but luckily they got that opportunity again. Bitcoin had been staying in a certain price range for a while. However, for those who have missed this opportunity, the current price can still be considered as an opportunity.

Bitcoin is relatively a new asset when we compare it with Gold which also falls in store of value category and has widespread acceptance since long time. However, despite its popularity because of its potential to outperform, many people are still skeptical about it and perceive it as high volatile and risky asset.

It has been observed throughout the history that early adapters of technology always enjoy advantage. In my view, current price of Bitcoin still presents favorable opportunity to take entry for those who missed out opportunity to buy it when it was trading below $20,000.

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Quote from: superman184 on April 15, 2023, 02:36:34 PM

Quote from: Joshapat on April 14, 2023, 10:35:57 PM

The best thing now is to collect bitcoins even in small amounts, we will always compare the current price with some time ago when we know bitcoin, i am also sorry for wasting more than 15 btc in 2015 for many scam programs like gambling, cloud mining, HYIPs, and so on, at that time earning bitcoins was still easy because prices were still cheap, now what we do to have bitcoins is to buy.

It was easy to get Bitcoin in 2015 not because the price was still cheap, but because in that year not many people mined Bitcoin and also liked to buy Bitcoin in large quantities so that it seemed easy to get it. Even though at that time it was only because there were not many Bitcoin enthusiasts that there were still many programs that wanted to give Bitcoin just like that without considering more things.

And now everyone who has gotten Bitcoin in the past can make comparisons with the present where the way is very different from the past. But what surprises me is how come you don't have the slightest affection for Bitcoins that you once had that much in the past, when you could be a billionaire if you still kept those Bitcoins until now.

I don't accept this point, Bitcoin was still very new in 2015 and it's on it's way to better adoption, the best time to start buying assets is when they are new, and as time goes on they will start adding more value and many more people will start knowing about the asset, many altcoins out there have tons of miners on them but they are still very cheap because people don't care as much as they care for Bitcoin, so it was easier to get Bitcoin in 2015 because the price was still very cheap, it's a valid point, block reward is why Bitcoin halving is making sense, let's imagine that Bitcoin has this present huge hashrate in 2015, the block reward will still be that of 2015 not that of 2023, halving only happens every four years.

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Quote from: superman184 on April 15, 2023, 02:36:34 PM

Quote from: Joshapat on April 14, 2023, 10:35:57 PM

The best thing now is to collect bitcoins even in small amounts, we will always compare the current price with some time ago when we know bitcoin, i am also sorry for wasting more than 15 btc in 2015 for many scam programs like gambling, cloud mining, HYIPs, and so on, at that time earning bitcoins was still easy because prices were still cheap, now what we do to have bitcoins is to buy.

It was easy to get Bitcoin in 2015 not because the price was still cheap, but because in that year not many people mined Bitcoin and also liked to buy Bitcoin in large quantities so that it seemed easy to get it. Even though at that time it was only because there were not many Bitcoin enthusiasts that there were still many programs that wanted to give Bitcoin just like that without considering more things.

There may be two types of investors in this regard. Someone can not collect Bitcoin because of the financial crisis. Again many people cannot bring confidence despite having financially transparency. However, there are many people who have been negative about Bitcoin, they have returned to Bitcoin. Some missed a chance, but luckily they got that opportunity again. Bitcoin had been staying in a certain price range for a while. However, for those who have missed this opportunity, the current price can still be considered as an opportunity.

Sayeds56

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Quote from: GreatArkansas on April 16, 2023, 09:23:43 PM

Every Bitcoin block halving is extremely always a good indicator for every bull run because even, if I tried to identify the price actions of Bitcoin on every Bitcoin block having, which months before the exact day of the Bitcoin block halving, we always see upward price actions for Bitcoin, and a lot of people buying and trend of Bitcoin increases.

It is true that Bitcoin halving is very important event in cryptocurrency space, and as vindicated by historical track record of Bitcoin, as it can potentially drive Bitcoin price to new all time high(ATH) , as theoretically this reduces the supply of Bitcoin. It is always recommended to buy Bitcoin during the bear market and continue doing so on every significant price dip to yield handsome returns when eventually market bounces back.

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Quote from: cafter on April 03, 2023, 03:33:00 AM

(....)
and what is your experience in past halving ?
is it beginning of bull market?

Every Bitcoin block halving is extremely always a good indicator for every bull run because even, if I tried to identify the price actions of Bitcoin on every Bitcoin block having, which months before the exact day of the Bitcoin block halving, we always see upward price actions for Bitcoin, and a lot of people buying and trend of Bitcoin increases.

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Quote from: cafter on April 03, 2023, 03:33:00 AM

I am thinking to invest in bitcoin for 6month or a year, is it good price to invest ? i will make profit from this point?
or is it possible for price to go low then this?

Since we are slowly getting better and we have a halving ahead, you have made the right decision to invest. If you feel like investing from instant market then you can. And if you think of investing from a little dumping market then you must wait. But the market will not be very dumping, you can make instant investment if you want.

Quote from: cafter on April 03, 2023, 03:33:00 AM

and please suggest some potential altcoins which have possibility to outperform this bull market please share your personnel though don't just share some random shitcoins

If you are looking to invest in altcoins then some of the coins I can tell you are Ethereum, Binance (BNB), and Shibainu among Shitcoins. All these coins can outperform the market in the next bull season.

Quote from: cafter on April 03, 2023, 03:33:00 AM

and what is your experience in past halving ?
is it beginning of bull market?

What I know from my personal experience is that what we are currently seeing in the market conditions is the beginning of a complete bull market. Bitcoin halving every two years according to time our halving is 2024. So we have now embarked on a bull market journey.

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Quote from: superman184 on April 15, 2023, 02:36:34 PM

-cut-
It was easy to get Bitcoin in 2015 not because the price was still cheap, but because in that year not many people mined Bitcoin and also liked to buy Bitcoin in large quantities so that it seemed easy to get it. Even though at that time it was only because there were not many Bitcoin enthusiasts that there were still many programs that wanted to give Bitcoin just like that without considering more things.
-cut-

I find it was mentally as hard as now. Yes it was cheaper but there was way more fear and uncertainty. For a moment i gave up that bitcoin or at least altcoins might have died. And especially altcoins. 200 was expensive compared to under $100 where many people saw it going. All i am saying it was hard back then as well. Like probably in the future people see 2022 as a cheap and easy entry,

Hindsight is always better on these. What i've learned it's not wise to invest money that you need to use in a year. You might lose 90% or all of it depending where you put it.

STT

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The bottom pricing can take years to settle on some assets it could be the case catching the bottom is not the ideal. What most traders attempt to do is capture the most likely and strongest moments of movement upwards. Even outside of trading its far easier to take part in a market while its trending up, I dont think 2023 is a substantial move up for BTC but every move is larger in crypto then other markets and overall its probably worth being involved. I think we move into a more positive year going into the next year but I would not hesitate over waiting for a lower price now that seems too cautious. Just buy some every month if unsure.

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It’s impossible to time the bottom, it’s tough to even call the bottom 10% to 15% above range. There is never a bad time to buy bitcoin as long as you can be patient & hold for a number of years. The best time to buy bitcoin was before 2013 but you could do a hell of a lot worse than buying now.

The bottom of this cycle probably was 15k but don’t sit in cash waiting for lower. Just buy now or DCA in.
The halving is in one year so buying now is a really good idea because much higher prices are very likely in the next 2 years.

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Quote from: Joshapat on April 14, 2023, 10:35:57 PM

The best thing now is to collect bitcoins even in small amounts, we will always compare the current price with some time ago when we know bitcoin, i am also sorry for wasting more than 15 btc in 2015 for many scam programs like gambling, cloud mining, HYIPs, and so on, at that time earning bitcoins was still easy because prices were still cheap, now what we do to have bitcoins is to buy.

It was easy to get Bitcoin in 2015 not because the price was still cheap, but because in that year not many people mined Bitcoin and also liked to buy Bitcoin in large quantities so that it seemed easy to get it. Even though at that time it was only because there were not many Bitcoin enthusiasts that there were still many programs that wanted to give Bitcoin just like that without considering more things.

And now everyone who has gotten Bitcoin in the past can make comparisons with the present where the way is very different from the past. But what surprises me is how come you don't have the slightest affection for Bitcoins that you once had that much in the past, when you could be a billionaire if you still kept those Bitcoins until now.

Topic: I missed the bottom or i have time to invest (Read 852 times)