Is anyone buying right now because they think we are at or close to the bottom? - page 2.

milewilda

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Quote from: freedomgo on October 24, 2022, 03:58:20 PM

Quote from: _act_ on September 22, 2022, 06:39:57 PM

Bitcoin has decreased significantly. It was bull market before, then followed by a significantly bear market. What next after a significant bear market? Bull market would follow.

To achieve the result of full bull market may take time, you can also hold for long.

If you aim for huge profits in the future, of course you will take the risk investing in this bear market because it would be the best entry for investments. So buying bitcoin and long term hodling is the best thing to do because when the bull market turns over, it’s always bitcoin that will surge high and skyrocket compared to altcoins in the market because they simply follow the path of bitcoin.

Just to have some common sense then on what time or moment you would be considering on buying? When the market is going on ATH's? Its never been a sensible thing to be done.
Of course we would really be finding the cheapest price as possible and we could only make this these or decide to buy when the market is on bear mode or on dumping state which
we could really able to utilize these market conditions for us to get in on the cheapest price as possible.Once the market do make out some recovery then profit making
would be the next one. Believing of possible bottom? Majority been eyeing on 12-14k but it seems we arent that going that low.

freedomgo

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Quote from: _act_ on September 22, 2022, 06:39:57 PM

Bitcoin has decreased significantly. It was bull market before, then followed by a significantly bear market. What next after a significant bear market? Bull market would follow.

To achieve the result of full bull market may take time, you can also hold for long.

If you aim for huge profits in the future, of course you will take the risk investing in this bear market because it would be the best entry for investments. So buying bitcoin and long term hodling is the best thing to do because when the bull market turns over, it’s always bitcoin that will surge high and skyrocket compared to altcoins in the market because they simply follow the path of bitcoin.

OgNasty

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Plenty of signs are popping up that we are at or near the bottom. Is this the absolute bottom? Maybe not. I personally think that we're more like the $6K range in 2018, but with futures playing a role in the market now it may be "different this time." Still, the timing of the 4 year cycle is screaming that we're at the bottom, as well as several charts I keep seeing posted around social media. I am in the camp that it's time to be buying and if it dips down to $12K, I'll be buying more and advising others to do the same. I think the risk/reward scenario currently being shown by the market says that now is a good time to be buying, regardless if we hit $12K in the near future or not.

EarnOnVictor

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Quote from: Maidak on October 09, 2022, 11:05:53 PM

We know that bitcoin price prediction is impossible and just looking at the current price bitcoin is down about 60-70% from its ATH it can be said that this is a good price to start buying. Maybe there will be other drops but maybe we have bottomed out, who knows? Don't try to find where is the lowest bottom, it won't work, you can buy anytime as long as you find that price matches your target then you can buy.

There is nothing impossible to predict in the price of Bitcoin, I do this more accurately most times, it's all about speculating through the right means. You might use the economic and/or technical analysis that is good enough for you with a high degree of success. And based on my last analysis of long-term disposition, Bitcoin has been bearish this year and still remains in the bearish outlook on the larger charts but might have also bottomed for the year at $17625.00.

It is however good for aggressive holders to be buying the coin now, but I must advise them to opt-out if $17625.00 is breached lower as it might trigger more bearish reactions afterwards.

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Quote from: edward500 on September 22, 2022, 06:36:42 PM

Is there anyone buying right now because they think we probably will not go much lower and don't want to miss out at these low prices?

Yes I bought it during the recent bitcoin price drop because I thought the lowest bitcoin price would stay in the $17k-$18k area until the end of the year but I bought it gradually because using this method maybe we can get a lower price if the price suddenly drops deeper so I will still have the capital to buy it again at every low price by applying that method.

wxa7115

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Quote from: lixer on October 10, 2022, 03:41:20 PM

Quote from: wxa7115 on October 08, 2022, 08:22:53 PM

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If you greed for more, then definitely you will miss the best price to buy.
If you are able to buy the coins at around 22k usd, the consider yourself lucky, as no better price can come for Bitcoins if you exclude this.
So it’s advised, buy as many coins as you can, and hold it for long term.
Then definitely after 2-3 months you will see massive profits in your wallet.
This is my suggestion only, now think and analyse and invest accordingly.

Those which are always hoping for the price of bitcoin to go down a little bit more before they buy are the ones which rarely do so.

At hearth they are afraid to make a mistake and buy bitcoin when its price is too high, so they hide behind this pretense they are waiting for the price of bitcoin to go any lower to buy it to hide their indecision, the current price of bitcoin is a great entry point and most of those which refuse to take advantage of it will regret it in the future.

There are so many people who say "I wish I bought bitcoin when it was lower" when the price reaches the peak, and when it is at the bottom like right now, they are nowhere to be found. This is the price they talked about, if they buy right now that means they are going to end up with a good result in the long run but they won't and that’s the trouble.

We should be buying right now when the price goes down, and right now it’s the bottom and they should be buying and we would be profiting at the end. Price will eventually go up again, I do not see a scenario where it would be staying low forever, as we all know bitcoin will go up, and that’s the importance.

Those people do not really understand the concept of risk management, they look at a chart and see the previous bottom and top and they hope to both buy and sell respectively at the optimal spot for them in the future, and this is simply not possible.

Anyone buying right now is taking a risk, since the price could always go down even further, but it is a calculated risk as there is not a lot of room for the price of bitcoin to keep going down, while the upside potential during the next bull run is massive, so it is easy for us to take the decision to buy now as the risk is at a very acceptable range.

lixer

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Quote from: wxa7115 on October 08, 2022, 08:22:53 PM

Quote from: ?? on ??

If you greed for more, then definitely you will miss the best price to buy.
If you are able to buy the coins at around 22k usd, the consider yourself lucky, as no better price can come for Bitcoins if you exclude this.
So it’s advised, buy as many coins as you can, and hold it for long term.
Then definitely after 2-3 months you will see massive profits in your wallet.
This is my suggestion only, now think and analyse and invest accordingly.

Those which are always hoping for the price of bitcoin to go down a little bit more before they buy are the ones which rarely do so.

At hearth they are afraid to make a mistake and buy bitcoin when its price is too high, so they hide behind this pretense they are waiting for the price of bitcoin to go any lower to buy it to hide their indecision, the current price of bitcoin is a great entry point and most of those which refuse to take advantage of it will regret it in the future.

There are so many people who say "I wish I bought bitcoin when it was lower" when the price reaches the peak, and when it is at the bottom like right now, they are nowhere to be found. This is the price they talked about, if they buy right now that means they are going to end up with a good result in the long run but they won't and that’s the trouble.

We should be buying right now when the price goes down, and right now it’s the bottom and they should be buying and we would be profiting at the end. Price will eventually go up again, I do not see a scenario where it would be staying low forever, as we all know bitcoin will go up, and that’s the importance.

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Quote from: _act_ on September 22, 2022, 06:39:57 PM

To achieve the result of full bull market may take time, you can also hold for long.

The general expectation is that the next bull market will come after next halving year which will be in 2025. Halving is expected to take place in 2024. From observation, Bitcoin usually begins it's rally from the last quarters of the year preceding the halving year and then gets to a crescendo the year after halving. I saw that happen in 2017 after halving in 2016 and then in 2021 after halving in 2020. I do not see the next rally any different from what precedence we already have.

Maidak

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We know that bitcoin price prediction is impossible and just looking at the current price bitcoin is down about 60-70% from its ATH it can be said that this is a good price to start buying. Maybe there will be other drops but maybe we have bottomed out, who knows? Don't try to find where is the lowest bottom, it won't work, you can buy anytime as long as you find that price matches your target then you can buy.

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Quote from: EdenHazard on October 09, 2022, 05:45:45 PM

Everyone always thinks that the price going back up whenever the price hitiing its lowest point of certain time span , where actually it could be a trap bull ... beware just beware , people tend to get tricked by these market situations ..

Instead bouncing back ... we could dig our own grave really deep.

Why do you even think so? Not every time there is demand and supply in the market, it will always make the price of any asset unstable and tend to change or in other words, decrease and increase. Because the decrease and increase are always very close like the ups and downs or like the day and night that are always there every day one after another. So what makes you think we can dig our own graves so deep?

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Quote from: romero121 on October 03, 2022, 06:59:18 PM

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Bitcoin is at $19k right now and buying at this price is really not a bad idea for me. Many people speculates that we haven't reached the bottom yet and $13k is possible in this bear market. But the more people predict the bottom price, the more it is not likely to happen. Market is really unpredictable right now given that we are also in the midst of economic crisis so the best thing to do is just DCA to minimize the risk of losing money.

Buying at this price is good. The best thing to do is scalping, because even if the price makes a drop we'll be able to book our buying at the best price. It is good to make use of every market fluctuation to increase the holding. Because we're in the bear market and the upcoming bull move will surely make a good change in one's portfolio.

Though others are truly looking for the entering at the lowest price yet? what I do believe is that there is no much better than to buy and HODL?

at least long term is what will save us all from losing in this kind of market , volatility really shows more now than being stable but at least if we will trust our instinct and holding? then yeah just but coins and keep it inside your pocket for a while.

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Quote from: Natalim on October 05, 2022, 07:38:53 AM

Well, it is not a question if people buy because of thinking about the bottom is coming but certainly, because they are thinking that this is an opportunity. Perhaps, the idea that we have been using before "buy low and sell high" is really effective and obviously, this is what we applied.
It is people simply think that buying today will give them profit when the market is in bullish again. And it was a mindset now, especially for long-term investors and have an experience in the pass bull season.

Everyone always thinks that the price going back up whenever the price hitiing its lowest point of certain time span , where actually it could be a trap bull ... beware just beware , people tend to get tricked by these market situations ..

Instead bouncing back ... we could dig our own grave really deep.

GeorgeJohn

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Actually cryptocurrency is good to buy when the price is extremely low for the the beginners, but for the old investors knows exactly when is due period to purchase or buy any cryptocurrency, indecencies that they have practice it for long periods of time, so i believe that venturing into cryptocurrency market it needs to scrutinized very well to avoid the disadvantages that is involved into it, so I'm recapitulating that the best time to buy cryptocurrency for long term investment is during the dip market

wxa7115

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Quote from: edward500 on September 22, 2022, 06:36:42 PM

Is there anyone buying right now because they think we probably will not go much lower and don't want to miss out at these low prices?

I am not talking about people who are averaging down or doing their weekly small bitcoin purchases, I am talking about people who are actually converting their cash into serious bitcoin holdings, or increasing their bitcoin holdings by a large amount.

If you greed for more, then definitely you will miss the best price to buy.
If you are able to buy the coins at around 22k usd, the consider yourself lucky, as no better price can come for Bitcoins if you exclude this.
So it’s advised, buy as many coins as you can, and hold it for long term.
Then definitely after 2-3 months you will see massive profits in your wallet.
This is my suggestion only, now think and analyse and invest accordingly.

Those which are always hoping for the price of bitcoin to go down a little bit more before they buy are the ones which rarely do so.

At hearth they are afraid to make a mistake and buy bitcoin when its price is too high, so they hide behind this pretense they are waiting for the price of bitcoin to go any lower to buy it to hide their indecision, the current price of bitcoin is a great entry point and most of those which refuse to take advantage of it will regret it in the future.

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No one can say for sure whether Bitcoin will go down any further or whether it will pump. But currently the price of Bitcoin is standing at the price I think it is not bad to invest here for long term investment. If we look at the all time high of bitcoin then now we will see that Bitcoin price is more than 70% of it's All time high price , So I think even now if someone is doing Bitcoin investment then they can get more than three times this profit in Next Halving.

The current bitcoin value is still tempting to buy more and hold more for long term. That’s what most of the potential investors are doing right now or they keep on DCAing once they witness another price decline for bitcoin. And for me, this is a much better idea so you can create 5x or 10x profits when the bullish trend starts to appear in the market. Just grab whenever there are opportunities to buy and you’ll always be thankful in the future.

Natalim

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Well, it is not a question if people buy because of thinking about the bottom is coming but certainly, because they are thinking that this is an opportunity. Perhaps, the idea that we have been using before "buy low and sell high" is really effective and obviously, this is what we applied.
It is people simply think that buying today will give them profit when the market is in bullish again. And it was a mindset now, especially for long-term investors and have an experience in the pass bull season.

romero121

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Quote from: ?? on ??

Bitcoin is at $19k right now and buying at this price is really not a bad idea for me. Many people speculates that we haven't reached the bottom yet and $13k is possible in this bear market. But the more people predict the bottom price, the more it is not likely to happen. Market is really unpredictable right now given that we are also in the midst of economic crisis so the best thing to do is just DCA to minimize the risk of losing money.

Buying at this price is good. The best thing to do is scalping, because even if the price makes a drop we'll be able to book our buying at the best price. It is good to make use of every market fluctuation to increase the holding. Because we're in the bear market and the upcoming bull move will surely make a good change in one's portfolio.

Pujangga

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I think now is the best time to invest bitcoin, the price below $20k is the bottom so if we don't buy now then we can only see other people making big profits, with the increasing number of communities making bitcoin explode anytime.

bestcoins1

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Quote from: kotajikikox on October 02, 2022, 08:06:36 PM

Yeah thats me , I kept my funds at least semi long term or will never decide to sell in losses , have been in this strategy for years though at one point when there is a emergency needs for funds? yeah i did sell my coins at small losses but did a recovery in the next year come.

If you sell assets because of an emergency need or need funds suddenly, I don't think it's a mistake even though there must be a small loss to be borne. Because the important needs for life are the main things that must be met before meeting other needs. So you actually don't make a mistake by selling a small loss because you can still get a recovery in the next year on the remaining assets you have.

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Quote from: Slow death on September 26, 2022, 10:27:48 AM

Quote from: kotajikikox on September 26, 2022, 01:42:48 AM

I don't usually rely in what is the positioning of the market , instead I only take chances when i have funds available , meaning even how much the prices of my target coin is? as long as my funds is available to risk? then i will purchase and buy .

and waiting or looking for bottom is a newbie way of investing , if you already knew the market then you know that everytime is the best time if you have funds.

the problem with your strategy is that you can buy and the price drops considerably, of course if you are going to hodl in the long term it may not be of great importance to you, but from the point of view of maximizing profits the ideal is always to be able to buy the lowest possible and selling as high as possible, so even being able to buy at the bottom and sell there at the top is the most ideal, but it is a difficult task to know where the bottom is, so the person can choose to buy when the price fall a lot touch some very strong support, something like buy at 17500$ to 18000$ and then if the price drops below 17000$, buy again at 14000$ or if it falls below 14000$, buy at 10,000$, that is different to buy whenever you have money ignoring strong supports or the bottom

Yeah thats me , I kept my funds at least semi long term or will never decide to sell in losses , have been in this strategy for years though at one point when there is a emergency needs for funds? yeah i did sell my coins at small losses but did a recovery in the next year come.

Topic: Is anyone buying right now because they think we are at or close to the bottom? - page 2. (Read 1019 times)