Is it safe to buy now? - page 10. | Bitcointalksearch.org

blockman

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Quote from: Steph91 on January 14, 2023, 07:44:51 PM

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.

It's safe to buy at any time that you can afford to. Since the said bull run isn't there although this is an indicator of it, that means that anytime you buy right now depends on your affordability.
But if you are eager to buy and want to make decent profits then during the red days is the best time to buy and that was just a few weeks ago, we'll never know if another sequence of red days will come for this upcoming week.

Scripture

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Quote from: greengrassis on January 15, 2023, 10:23:41 AM

I think now it is quite possible to consider the purchase. At least, it seems to me that during such situations it is quite profitable to shop.

Profit will depend on your buying price and selling price, so buying right now can’t guarantee any return because it will still depend on your strategy towards the market. Just like the normal cycle, people are buying during the up trend so technically since we are still in a bear market buying right now can still be good. Your other option is to do cost averaging, where you can keep on buying from time to time which lowers the cost and increase your possible profit. If you see some correction that’s a good sign to buy, meaning the market is not fully recovered yet and still need more time before it pump.

stadus

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Quote from: Steph91 on January 14, 2023, 07:44:51 PM

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.

The market looked green this time but it was still too far from being bullish again and investing even in this current situation seems to be a good decision. If I were you, I don't waste my time digging ad searching for what coins I choose to invest in but rather have to pick Bitcoin and ETH, then this solves your problem of worrying about making the mistake of choosing coins.
Don't get influenced by those hyped projects who promise huge rewards because they will only fail you and give you losses. Bitcoin and ETH are really the best option.

RealMalatesta

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Quote from: autumnleaf on January 15, 2023, 02:05:30 AM

Instead of asking for guidance without knowing its history, I believe completing your own research can help you determine which coins are best for you. When conducting thorough research, it is vital to be aware of the coins you are investing in. But the best investment right now is still Bitcoin.

I don't think there is wrong in asking but I like what he did here. He is different from those newbies that I know that just hastily invest thinking they already master the market. Maybe he just don't know where to start but he is on the right path. Some of us here can recommend him some lessons or threads to check to be able to learn more. He is more concerned of Bitcoin more than any other coins. That's great as Bitcoin is the most safest coin among all and the most recommended coins for all the newbies. Now to answer his own question.

I'd say "yes", it is still safe. What isn't is when the price is already at $69k or more because that is already an indication of a bull run.

greengrassis

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I think now it is quite possible to consider the purchase. At least, it seems to me that during such situations it is quite profitable to shop.

Nrcewker

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Quote from: Steph91 on January 14, 2023, 07:44:51 PM

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.

If you are planning to invest in any altcoins then there are very much risks. The risks is in the sense that, these altcoins can rise and fall too. These are very uncertain in nature. Now if you ask me for advice, then I can say you that as a beginner, it will be best to invest on Bitcoins. And always control your greed while trading. Trade in limits and at last trade what you can afford to lose. No one becomes a great trader in their initial days. You learn from your losses.

Gaza13

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Quote from: Steph91 on January 14, 2023, 07:44:51 PM

because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Your question you made in Thread is inappropriate, I saw your profile history, you are long time player, you have participated in many bounty campaigns, I suspect you are requesting or begging for Merit, with your activity history enough for Jr.member.
if you are a newbie you know nothing about potentially good Crypto currency coins, by looking at your history you should know what coins are good for future.
your profile search results
Re: 🕵🏻‍♂️ [BOUNTY DETECTIVE] 🔵8V Global - 8,000 BUSD PRIZE POOL🔵
03 M
#PROOF OF REGISTRATION
Forum Username: Steph91
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3443630
Telegram Username: @Otuweprecious
Participating Campaigns: Article
Wallet Address BEP-20:0x9f7b03BDE914433d618C77E649CD95845B1Be082

Re: 🔥🔥 [Bounty][LETSEARN] 109 619.88% APY! LET'S EARN [BEP20] $100k $LETSEARN 🔥🔥
REGISTRATION PROOF
Forum Username: Steph91
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3443630
Telegram Username: @Otuweprecious
Participating campaigns: Articles
BSC Wallet Address: 0x95BA8AF8eb06F3E80350c69e42de352101fd0111

With proof
Article Link:

Code:

https://link.medium.com/vAWycuI6Vob

Bsc address:
https://bscscan.com/address/0x9f7b03BDE914433d618C77E649CD95845B1Be082

with decent money you still make threads

I see you have a lot of many wallets
Eth address: https://etherscan.io/address/0x95BA8AF8eb06F3E80350c69e42de352101fd0111
you have a Token Take My Muffin then sent to the address
https://bscscan.com/address/0x466366344F69B6f72766D97Df21D8B3D3F7e98B2
Try to see the bsc address

is it appropriate for you to make a Thread on what I found.

Coin_trader

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Quote from: Steph91 on January 14, 2023, 07:44:51 PM

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.

It’s always safe to buy now if you are buying Bitcoin and not shitcoins. Bitcoin will always recover no matter how much time it will take unlike shitcoins that usually turn into zero or penny worth when there’s traders interested on the project. Bitcoin will never be a dead project because it’s the only real decentralized blockchain while the rest is solely relying on the developer of the project.

If you are day trading. I don’t advice to buy now while the price is already hit a resistance and now sideways especially if you are buying shitcoins. Only purchasing Bitcoin is safe anytime while the rest is just a ticking time bomb.

maydna

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You should buy bitcoin and not choose to buy altcoins because you will be even more confused about choosing one. By buying bitcoins now and holding them for a while, your profit numbers start to increase. And if the bitcoin price drops again, you can buy more and hold them until the price increases. But if you choose to buy altcoins, you will find it difficult to choose because there are so many altcoins, and even if you choose an altcoin from the top of the list, you also don't know when those coins will increase.

goaldigger

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Quote from: Steph91 on January 14, 2023, 07:44:51 PM

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.

Go for Bitcoin and you should have done this since the last quarter of 2022, though of course the current price are still safe since that is still not the peak price we are looking for, new ATH can still happen in the future so buying right now is always a good decision. As a beginner, you should also spend some time learning the market, for now the safest coin that you can get is Bitcoin, just buy some when you already know when to buy and sell, don't rush in the market just follow the basic rules.

ningrum

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I think the current price is very safe to buy, this is because if you do technical analysis the chart will show that a reversal will occur,
and it has been proven that several altcoin reversal pumps up to 100% or even 200% in just a few days, yes this is a good sign for crypto currency,
but let's not get carried away that this might be a bull trap.

m2017

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Quote from: Steph91 on January 14, 2023, 07:44:51 PM

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.

I would not consider the current slight rise in price as a bullish trend, because there are no serious prerequisites for this yet. It looks more like a short-term jump, which can return to the previous indicators. Buy or not buy now depends on your goals. If you take it for a long period, then what is holding you back? Also, you don't say anything about the coins you are considering buying. So, in this case it is impossible to advise you anything. If we take old and proven projects, like bitcoin, then of course, the purchase now can be successful. If you buy some shitcoins, you can burn out.

It has never been safer to buy crypto currencies on this market. This market is very unpredictable and always fraught with risks.

Everyone likes to give advice, but few risk their hard-earned money. Of course, the risks are only yours and whether to follow the advice of others is also up to you.

KnightElite

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There is no word "safe" in investing world, all of the investments have risks but that risks can be manage through risk management and also knowledge when it comes to best time to entry and to exit in the market. As for my suggestion, don't entry without conviction and knowledge in the market. If you don't know when to entry then it is better to invest in knowledge when it comes to TA or technical analysis first. Because if you just invest in market without knowing it first, then your investment is not "safe" because you do not have enough plan when the market reacts again in your bias. You can lessen the risks by having enough knowledge so your main focus should be acquiring knowledge and seeking investment for you to improve your decision-making skill and lessen the risks that you are taking.

Fesatmas

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I can't answer with certainty whether it's safe according to you, because of course we have a different understanding. But I think there's nothing wrong with buying now, if you are too afraid to buy now, then you can buy periodically, which means if you are still sure there will be another drop, you can buy it again when the price is lower.
You understand it's entirely at your risk, so I think you already have your own answer. As long as you buy bitcoin then there is nothing to be afraid of.

Freeveto

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If you come to the overall long term view of BTC, That's where it is heading to base on its limited supply of 21M ever gonna be in existence, I would say anytime you purchased BTC is a good time, as BTC is still in its early phase before global adoption.

But in this your case the best time to accumulate is during a crash or a Bear market like this , It definitely the best time you should start building more into your portfolio with good DCA.

Mpamaegbu

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On the hindsight, you can see that last week was a better time to buy than now. Anyone who had been afraid of going in before now will have missed the bus as it seems. In cryptocurrency, if you're scared shit to lose money then the industry isn't for you. Again, OP you've to brace up for enough digging and research if you want to go far in this industry and not perpetually seek the opinions of others on things you ordinarily should find out by yourself.

GreatArkansas

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There are some people who will tell you that is a bull trap, while some already telling you that we are in a new bull market.
For me, I will still be in my vision for the first few quarters of the year that the market is still bearish. I am no hater, but that's my only opinion and what I can see. But for a long term especially in the last quarter of this year up to next year, I'm bullish.
Is it safe to buy now? You can buy but don't go all in, always have some extra just incase what will happen, so you will have always the capital.

Reid

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Bitcoin as usual is the first choice if you are having a difficult time to decide, that's the best and safest decision, imo. I've been there, so confused about what to do next when suddenly the market becomes as green as this. If you came earlier when the bear happened, you might be reaping the rewards already.
Is it safe to buy now? That's the question that cannot be answered accurately. There's no safe time when it comes to cryptocurrencies, always tell yourself that it's volatile and it could go south whenever the demand is low.

Issa56

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Quote from: Steph91 on January 14, 2023, 07:44:51 PM

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.

The market have being green in the past few days, but that those not mean that we are already in bull run, don't be surprise that after buying any coin, it might start dumping. I think it will be better to invest for long term, and if you want to have rest of mind, then it's better you invest in bitcoin, investment in altcoins is very risky, if you want to give any coin trial, then invest in bitcoin, make sure you avoid altcoins, no altcoin can be trusted.

Bitstar_coin

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No one with a crystal ball here to tell you the safest time to buy. I don't think there is a safe time to invest in crypto because there will always be risk involved. But you can minimise your risk by investing on the right coin (btc) or else you will find yourself overwhelmed with worries about your investment choices.

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