Topic: I think markets not in dip now but soon so good time to get rich (Read 630 times)

But we can start small though, because if our mindset to get rich is to have big capital in the beginning, then what will happen to average and regular Joe here like the majority of us. When I started here, some suggested as little as $100 to start to trade and see how it goes for you. Maybe by today, those traders with that capital could have grown their portfolio in years and could have been one of the success stories here. Yeah, it's good if you could buy 1 BTC and then trade and definitely, a swing will make you good profits. However, I think there are traders who started from scratch and with only a small capital to boot and with perseverance, was able to achieved their dreams of making a lot of money in trading.

What you said makes perfect sense regarding trading and the level of profit through the potential price and the amount of capital of a trader. But we also need to understand about the mentality of a trader which will never be the same in any case because there are traders who dare to trade on the spot by being satisfied with small profits. But when someone else gives him advice to trade in the futures, he chooses not to do it because he is still not used to the sector even though he is aware of the greater profits that can be obtained through the sector, especially if supported by sufficient capital.

Impatience could really lead up to disaster and just like been said by most people on here is that on the time that you do rush up things then you are really that prone into lots of mistakes on which it will really be causing up that huge loss of money instead of earning or making profits. This is why you should really be that careful on what you are dealing on with. You might be able to see online with those flexing of profits into those traders or investors who do made out some profits but you dont really know the story behind with those gains on which they are the ones who do able place themselves when the market do make out some correction because on the moment or time that it do make out some recovery then profit making is really that inevitable but of course you cant expect to become rich on which it will really be depending on how
much you had invested in the first place.

Getting rich is possible but it will really only happen if youu do hit up some good multipliers in low caps but speaking with those top coins or established ones which marketcaps is already huge
then getting multiple gains or fold of your investment will be less likely, but if you are someone whose really that going after for making some less risky approach towards your
crypto investment then this option would really be the best one to be done.

You don’t have to wait for it to fall down dip before you buy or begin to buy, you might never meet it get ti this price ever again if you miss some opportunities. The market might look like it’s going dip more when you look at it in other aspects that has been used to analyse the market, but that is not an assurance that it might go that way. So try and use the DCA method to gather more bitcoin as you await whether it’ll drop further or not in the future.


It is good to always position yourself in order to take any dip that will come from the market at anytime because they mostly comes as a one in a time opportunity you need to grab.

I do believe that we had a great shot at buying when it was under 60k, that's the thing about bitcoin you can buy at any price and wait enough that it will go up, but sometimes it drops so much that if you buy then, the price will go up quickly enough that you will not wait too long.

It was always obvious that the price would recover quickly when it went under 60k, it looked like it wasn't even suppose to be there, and yet it still was there, which is why I think it should be something to care about. I personally believe that we should be considering how to make it work some other way, it needs to be handled like it has to be something we all care about.

I believe that we are going to end up with some issues if we are not careful, but if we know what we are doing then it shouldn't really be that weird, it can be done. I know that making money is our number one priority, but for some people not losing money seems like the number one thing, and that is why they fear and get out or fear and not get in when they should. This was one of those times, anyone who didn't buy when it was under 60 did so because they feared that it could go down even more, but it was always obvious it wouldn't.

The market price has decreased for investors to purchase Bitcoin and hold for long term, and they will be profitable in the future, because the price of Bitcoin will hit higher soon for both long term investors and short term investors to use that opportunity to grow their incomes. And the price of Bitcoin has decreased again to $66,481 recently which is a good opportunity for those investors that want to take advantage of this low price to hold huge amount of Bitcoin, because after the end of this year, there will be steady increase of the price of Bitcoin that will make investors to experience $80,000. Purchasing Bitcoin and Ethereum, I think it will make you rich in the future because the two coins are favourable coins that always bring huge amount of income to investors, which is the reason investors are very comfortable of holding Bitcoin and Ethereum.

well if we want the big profits it is the best for us to buy the dip. And right now price of Bitcoin is down under 67,000 so good time to stack some cheap sats. 

I do think we are going to see some big gains before the year is over. So I am going to uyse some of my extra fiat I have saved for that reason to buy some btc and eth.

I won't advise you to wait until the market falls more before you buy because you may miss an opportunity where by the time you are waiting for it to fall more, it will rise and even surpass your budget that you wanted to use in buying the bitcoin for the first time, so what you need to know is that many investors that wait like this later fail because the market is unpredictable and can change at any time, so it is better you buy now, if the market dumps more and you have the more to purchase more bitcoin you can do that still it won’t be late, since you already plan for long time investment.

But of course risks management would really be that something that needs up to considered or to look upoin since you cant really just that make yourself having that kind of all in kind of approach when it comes to this aspect. It would really be that important that you should really be setting out that risks management because you cant really just that make yourself having that further step but without having those kind of considerations. Of course you would really be needing to be careful specially in terms of investment on which you cant really make one without any concrete plans but since we've been dealing on a volatile space
so its normal that we will really be having that kind of movement on which this market is volatile. Any plans that you had set out will really be that totally not that effective.

As for getting rich then it will really be basing up on on how much that you had invested and its normal that it will really be that reflecting out that if its big and on the moment
you have invested on some coins which could still make several multipliers then you can make nasty profits but of course always consider about on the risks
because you could also lose the other way around.

Thinking that we could make some money from what we have right now is possible, and that's why we should be giving it all we can, it is going to definitely make some changes. Think about it, we have seen an increase before the bull, we have seen some drop after, and we are seeing some recovery. That is textbook what happens in every halving, and I think we are getting close. Look at what happened at 2017 one and look at 2021 as well and see when the increase starts.

A lot of people think it's now or soon, but I think near the end of the year is more likely, hell maybe even next year. I believe that it is not going to be simple, and a lot of people will end up being upset over it, but that is going to be something that will not be simple and we could probably end up with something that will take a while.

We couldn't really ask for anything else, I know that it is going to end up with something that won't be too simple, so we can't really make it work some other way. I just believe that people should accept their faith, keep on buying as much as possible, and then end up with a profit when the bull run finally happens. That should make it change as much as possible, and would profit us.

To be fair, I have also seen a lot of people who did not realize they had bitcoins and got richer very late. I know two people who bought bitcoin at 2013 or so, and came back in 2021 and realize they are rich, that was definitely the best day of their life. One of them had 700k, the other had 4.2 million, and these are people who make like maximum 1k per month, probably not even that much, fully changed lives.

So all in all, I would have to say that the best thing we can do is keep on holding, maybe we won't make as much as them but we could make a lot of money. In a world where you buy bitcoin with 10% of your salary every month, for 20 years, there is no scenario where you end up not wealthy, just keep doing that and not selling.

We all have different understandings and views on the current market or Bitcoin, the interesting thing is that there are hundreds of speculations on the current Bitcoin price beyond what we can see, but it cannot be used as a core guideline to use as an investment activity, in my view.

Whatever you think is best for you, in speculating on the current Bitcoin price, not with us, there are things that cannot be said here regarding the current Bitcoin price, Honestly, I'm not in a rush to do anything, Bitcoin always opens up opportunities for investors who trade, my current speculation is not to wait for the price to drop far, short-term trading is the best method, if you understand it.

It's also about the time, most of us here can't really wait for so long and so we just sell when we wanted to get profit and that's it. But for those who have been in the market for so long, there are no secrets, you really have to be mentally though and resilient and wait for the right time to sell, and at this rate or in this bull run, it could be in the 6 digits nothing less.

And now that the market seems to be bullish, as we have seen the price going on in the last 24 hours and even reach $65k, then we should really be just holding and on the contrary continue to accumulate as much as we can. Again, it could be that 6 digits could be in the horizon for us at the end of the year, so just do what's best and that is be a long term HODLer.

Expect what is unexpected is the most hard thing to achieve here. A lot of people do not realize how important that is, because usually it is not that easy for a lot of people. You need to expect that tomorrow morning it could be 30k or 80k and both are equally possible. In fact, we could even say that there is no unexpected in the crypto market, everything is expected, and that's why it is so important to deal with.

I hope that people could get to a point where we could probably see some improvements and price would go up and what we did not expect becomes a high price, because alternatively we could not expect how low it gets as well and I usually don't like that, it is not that great and a terrible feeling overall.

How big your profit totally depends on how much capital you've used to buy bitcoin. 1 Bitcoin is priced at 63k as per the current rate, and if you're only throwing small money to buy bitcoin. Never expect to be rich, and i think bitcoin is whales game now. It's almost impossible to afford 1 bitcoin if you're not having big capital.

Playing on the spot trade of bitcoin is not as profitable as you said like buy at the bottom, then wait it to recover. However, you can still take small profit from there, but believe me, it's not worth your time.

This is why i'd prefer to take Perpetual or Futures instead of buying the bitcoin dip. It's really worth with the risk. Bitcoin won't give little shrimp like me decent profit from trading it on the spot trade. In the end, opportunities will always there, but that totally depends on how big your capital.

I still find it funny when people say this is a mere correction only and that they expect a very good dump again. Some even predicted a dump to like $40k, although there is no perfect prediction in this bitcoin market but a dump like that is definitely looking at -20% dump which to me is unrealistic considering that bitcoin volatility is definitely at a decline. Bitcoin isn’t like other Altcoins and as such it is hard to say a straight dip like that except maybe during the bearish period which we are not at presently.

The reason we are even still this bearish a bit at this moment is because of the mass sells that happen after $73k ATH was reached. Right now if you’re looking to buy or accumulate bitcoin, the DCA strategy might actually help with the little dips we have most often, but waiting for huge dump before buying is definitely not a good idea to me

Bitcoin has been at Dip since after the halving considering we have an Ath $73,000 and the market decreased down to the least $ as it could last week which was low enough to attract buyers to the market opened opportunity for you to buy if truly you're actually ready to buy.
You can't say such devalued of bitcoin price isn't encouraging for you yet so, you better buy at any cost you find bitcoin value at the moment because the price may rise any moment leaving you a regret why you didn't buy while waiting for a dipper market.

-Get yourself that being prepared all the time
-Make yourself that expect for things on which are unexpected
-Always assume about the worst and dive in when opportunity happens.

On the moment that you do find yourself that that dealing up with this market then you should really be that versatile so that you wont really be that making
yourself having that kind of shock and impulsive feeling on the moment or time that you would really be that making some encounter about market volatility.
Dont make yourself that panic on the moment that you do really be able to see on things because this is really just that normal towards the market.
Market would really be having that multiple opportunities that it do gives since there's only two possible movements that it could have on which going up or down.
This is why it would be that important on having that acceptance.

Dont rush up yourself on becoming rich because it would really be just that making yourself that desperate because rushing up is never been that good.
So it would be your own approach on things and act accordingly.

BTC has been quite dip resistance after the ETF approval because the money flowing to bitcoin is immense.

at some point I just think that maybe we'll never see something below $54k anymore because as you see bitcoin is valued so high anywhere, so many countries approving BTC ETF, donald trump is praising cryptos, i don't think it will be like back then when price was so volatile, things have changed.

I expect from here onwards that bitcoin will just gonna get more and more approval which also equal to higher valuation. so the dip that you're waiting for if $54k BTC price is not dip enough for you, will probably never come.

No problem with investing in bitcoin when the price dips because eventually, its price will recover again and skyrocket in time. But talking about investing in altcoins and meme coins during the dips, that will only increase your chances of losing your capital especially if these particular coins will not be given chances to recover their prices.

Don’t just fall for the hype and whatever unreliable news circulating in the market. Instead, think for the long term. And with that, bitcoin is the only coin highly capable for long term hodling, while others may only be good at first but will gradually fall their value along the process.