Topic: I missed the bottom or i have time to invest - page 5. (Read 765 times)

Regardless of your capital and experience in crypto trading the best investment strategy for everyone IMO is to invest for long term. Day trading (or short term trading) may look attractive to those who are not into it but once you start doing day trading you can feel the heat. There are very few people who can handle the wild fire of Day Trading.
Bitcoin price is going up and this is time when experience traders sell and novice people buy. One need to be careful if he is buying bitcoin at current price since in bullish market there is always risk involved which is more then bear market. DYOR.

There is nothing wrong with a short-term investment of 6 months or 1 year because each person has a different investment situation and mindset. But history has also shown that holding bitcoin for a long time reduces risk as well as provides better returns. If you want to invest for the short term, as long as you know what you are doing with your money and are willing to take the risk, then you can invest. But if you just want to make a quick profit and don't want to risks then bitcoin is not for you.

It doesn't matter if it's a short term or a long term investment, the important thing is to hope you know what you're doing with your money, investing or gambling.

Bitcoin starting with ATL is a good entry, however I missed out on the project but I'm back in because some of my accumulations of bitcoin and setups triggered my position back to bitcoin. There's time to hop in and it's never too late to bagged bitcoin. Patience and good entries is the key to reaping profits from bitcoin. The market is volatile and we should expect the bull season anytime soon, and Bitcoin will be the first to make price correction in response to the bullish season. Predicted bull season is at the corner and we should make good use of our time to grab good entries on bitcoin.

There are lots of speculation that Bitcoin is about to take off since the market sentiment recently is very bullish until the news about rumor CZ facing red notice from Interpol which somehow make the price of BTC retrace.


I won't recommend anything, Bitcoin is the only worthy coin to invest.

If everybody on this forum because they missed the bottom line and didn't invest will today tell you they would have regretted it. Investing in something you believe in should be a great delight as long as you are in it. For me, if you could hold for 2-3 years you will be glad to make 2x profit.

I would say you missed the bottom because bitcoin started this year in $16,500 and now is in $28,000 but you are still in time to join this party because the economics are going crazy right now and people need to move their assets to a safe zone, and even if cryptos are a high-risk investment, in time of war cryptos is the safe zone for our money.

I feel like the new ATH is around the corner, soon we will see something crazy happening in the markets. Just grab some popcorn and enjoy the show.

The price of bitcoin has been fluctuating between $27k and $28k for the past month or so, never seeming to drop below $27k. The longer you wait for bitcoin to reach its bottom price, the less likely it is to happen. Since you have a long-term investment strategy for bitcoin, it may be wiser for you to act now rather than waiting for the price of bitcoin to drop to a level that no one can predict. The $27k–$28k range that you are seeing could be the bottom price(nobody knows).

I'm quite surprised that you & some other people still think we are not in "Bull market" considering you are wondering if this is the begining of bull market. I have noticed some people who just don't want to believe we are in bull market probably due to their past predictions that were wrong or were relying on wrong predictions. So they choose to dwell in a delusion and false reality that we are in bear market rather than accepting they were wrong.

To be able to make some basic & fairly accurate calculations where the market will be in 6months to 1year it's important to recognize the fact that we are already in a bull market which will be coming to an end soon, and after that comes the bear who will be allowed to dominate for sometimes... But before that the bull will continue until +30,000

I honestly will not advice you to invest for just 6months and even 1 year at this current price since you do not yet know we are in bull market and can't determine the maximum price Bitcoin will stay through out the year with a support/minimum price  it will be touching once in awhile.  If you buy at the support you will probably still sell at the support around the 6month to 1year time period.

It's important to accept that we are in bull market so that you may have some idea where we are heading to next.

Bitcoin, though at Rs 16,000, is very difficult to recover from now, but it can still be very profitable to buy.Because the bull run has not fully started yet.And if history goes by, Bitcoin may touch 20000 once again.
You can make some investments now and buy some investments if Bitcoin goes down.
As far as altcoins are concerned, there are good and strong projects in the market that can give a great rally in a bull run.As in the previous bull run, some altcoins performed strongly.You can take matic coins , sand, mana and ocean protocol, gala, the Graph can give you good profit.Because they have great potential.And the season of altcoins has not yet started and when it starts expect huge profits.

Of course, the market is heading towards bull season because there are only two natural phenomenon/season in the market but as of now, the market is not yet giving any signs that the bull is already coming soon enough. Anyway, forget about the bullish season for now because we can't really take advantage of what will happen in the future if we aren't accumulating something but we should be careful though because there's quite a lot of coins in the market to choose, so better choose for the top ones, ETH included.

I don't think you should ask other people about this, there are lots of people out there speculating about bitcoin but with the end of their words namely DYOR, what is meant is for you to look for or analyze yourself in deciding to invest.
Because basically if you rely on other people's speculation you will feel disappointed if it doesn't match what they say and you will say that they are liars.
Here we are talking about bitcoin don't drag altcoins in here to dirty the discussion.

Want to do DCA or do it all at once, this strategy has its own risks and pressures, I suggest that when you have bought it, hold it for a long time.
Only if you have the mindset of holding on for the long term I believe you will get decent returns from bitcoins without having to watch the market closely causing you to procrastinate to start jumping in and buying bitcoins.

The TA that you provide only shows that Bitcoin should retest 200MA line multiple times before that mega bull run happened. Analyzing your chart shows that the current price is on the very early of the bullrun cycle. There will be a lot of opportunities to buy low during retest on MA.

You are just being paranoid on the arrow that you project for the price pump of Bitcoin. Bitcoin will move on a long sideways with multiple retesting on the 200MA before it will pump. There’s still a lot of time tho. You just need to be patient.

For six months duration bitcoin cannot give you much profit at current price is higher and we don't know that what will happen in next six months. Bitcoin is beneficial and can give you much higher profit but you must have to hold it for longer period of time minimum of 4 or 5 years.

Bitcoin is the only coin which can increase your money and there is no other coin which can replace it. As you are asking about halving then after previous halving the price goes pump and according to analysis next halving will take place in next year so you can make investment in bitcoin this year to get benefit from it.

Halving have a positive impact on the price so we are hoping that bitcoin will pump very soon and will attain higher value.

No one would be able to tell where the bottom is; the market price could fall  continuously once it breaks the resistance. Therefore, buying at any price point would be fine as long as the investor could endure market price downfalls often. Whether you invested at $15k or higher, the bottomline is until when would you hold your coin or asset? Many people managed to buy during low market price points but only a few could really resist selling whenever the market price is falling. Just ride with the wave once you are already ready with the worse outcomes that may take place at anytime. Much better if you yourself would know that first and without coaching from others.

I think it's the beginning of the bull season and you actually didn't miss the bottom. There is still chance to enter the market and hold it for the bull season to get the highest profit from Bitcoin. I still have time to invest but you should better do DCA as there is still possibility to dump price a little bit lower. So fill your bag with Bitcoin and wait for the bull season.

What type of investor are you? long-term or short-term? Do you have an idea or knowledge of trading here in cryptocurrency? Do you know what is called technical analysis or fundamental analysis?

     Because if you don't have all of the things I mentioned, I suggest you just enter the long-term investor category, and at least wait until the bull run comes next year after Bitcoin's halving while you study the things here in the crypto space.

[/quote]

of course, no one has power to predict the market it have both possibilities downside and upside, anytime anything can happen,

to know about altcoins, there is a seperate board for altcoin you can get valuable information about altcoin there.

by seeing the price, i think may be yes but don't know

Optimism is good, but when giving investment advice to someone, we should not assert it because it could harm them. To be fair, no one knows what the market will be like tomorrow, so OP needs to determine that investing is risky and should only be invested when you are ready.

I'm not opposed to investing in altcoins, but OP hasn't even invested in bitcoin, the safest asset, so we're not in a hurry to suggest altcoins, even though ethereum is a very good altcoin, but it is not comparable to bitcoin.

I would say that it is not nice to gatekeep bitcoin investments. I mean whatever people are feeling comfortable with, they should invest that much and for that long period. If you want to invest for 6 months, then go ahead and do that, if you want to invest for a year, then go ahead and do that, and if you want to invest and hold for 20 years, do that too.

There is no right or wrong here as long as you manage to make a profit, and even if you end up losing money just figure out what went wrong and try to not do that again and repeat again with a better understanding and you should be better. Just because we can hold for decades, doesn't mean we should see other investors as weaker.

I think the current crypto market situation is heading for a bull market, so now is the time to buy but you have to be prepared for the risks too because of course the market will be difficult to predict.

in my opinion, the altcoin that will be good in the future and accompany btc in the bull market is ethereum because ethereum is a very high quality altcoin.