Is it safe to buy now? - page 3. | Bitcointalksearch.org

Fredomago

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Quote from: LUCKMCFLY on February 04, 2023, 01:15:37 PM

Quote from: teosanru on January 20, 2023, 05:38:46 PM

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'll give you the kindest advice, be prepared to have some unrealized loss in the beginning. Go for averaging out, suppose you have 10k to invest. Just go with $2500 on your first buy. Then wait for market to go down if it does buy another $2500. Remember the point is to buy in the bearish times and not in the bullish times. Suppose you were wrong and market did not go anywhere near that point ladder your buy if you see a complete reversal of trend. These are the small tricks that can help you earn and stay in the market because no one has a holy grail as to when will market reverse. Also best is to be in bitcoin as in all the situations it is impacted the least.

I also think the same, bitcoin is the safest way for us to be able to safeguard our money, there will always be doubts if it is time or not to buy, but knowing that bitcoin has a high volatility, you have to think about something, when bitcoin has reached an ATH of $70k, just think you can get there again or even higher, the ATH of Bitcoin are quite juicy, if a person buys bitcoin at this time, just reaching the ATH already recovers everything, but we all know That the next ATH of Bitcoin will be much bigger, that is something that everyone wants to enjoy, but to build that you have to act now.

If you have that patience and you have separated funds for your investment, by looking at that perspectives you will realize the potential that the chance of earning decently is really possible, it's just a matter of good understanding and how you will approach and handle all the possible risk that you will going to encounter during your investment period.

Overcoming fears and being capable to play with how the market works will give you extra advantages while waiting for the maximum potential profits.

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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.

A very kind advice for every new crypto user if you want to make profit then you need to understand the human mental strategies that whales used to get our money and get us in FOMO like this time , I suggest you to when everyone saying that market going to moon then take it as a warning that a dump is about to come and vice verse .
Take some time to understand and then observe your self .

MFahad

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

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.

Bitcoin start pushing up from start of January and still trading above 23k which proved very good for Altcoins. As the price of Bitcoin has gone up, all other big coins has risen. Now we are in the alt bull season and we should pick those coins which has future chances for something big. Below BTC 20k was good time to pick some top class token like Dot,Matic,Gmx but now all pumped with the rise of BTC

The list of some big coins I thing they can rise many times in current bull season is below. Also Do your own research.
1: OP
2: 1inch
3: Blok( Available in Kucoin)

I choose these coins because they are very low from ATH and they are continuously working and adding new features.

martyns

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In fact, it is important to understand that security in trading is a rather complicated issue. Here you need to be prepared for the fact that the market does not give guarantees.

You are right,but you know,Everyone enters the market at different times and knows when to purchase and sell. However, the bear market has caused some traders to incur significant market losses. When working with the best projects on the market, it is crucial that precautions be taken. Bitcoin has both contributed to the growth of several alternative currencies and to their demise. With great trading advice or a solid trading plan, there are many ways to get caught up in the market. My only regret is that I didn't take advantage of a decent entry for a long position on futures when Bitcoin fell under $17,000. Fact: When bull season arrives, it will gradually start to pump back up, possibly reaching $100k.

LUCKMCFLY

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Quote from: teosanru on January 20, 2023, 05:38:46 PM

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'll give you the kindest advice, be prepared to have some unrealized loss in the beginning. Go for averaging out, suppose you have 10k to invest. Just go with $2500 on your first buy. Then wait for market to go down if it does buy another $2500. Remember the point is to buy in the bearish times and not in the bullish times. Suppose you were wrong and market did not go anywhere near that point ladder your buy if you see a complete reversal of trend. These are the small tricks that can help you earn and stay in the market because no one has a holy grail as to when will market reverse. Also best is to be in bitcoin as in all the situations it is impacted the least.

I also think the same, bitcoin is the safest way for us to be able to safeguard our money, there will always be doubts if it is time or not to buy, but knowing that bitcoin has a high volatility, you have to think about something, when bitcoin has reached an ATH of $70k, just think you can get there again or even higher, the ATH of Bitcoin are quite juicy, if a person buys bitcoin at this time, just reaching the ATH already recovers everything, but we all know That the next ATH of Bitcoin will be much bigger, that is something that everyone wants to enjoy, but to build that you have to act now.

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Quote from: ScamViruS on February 02, 2023, 04:54:01 AM

Quote from: jossiel on January 29, 2023, 06:51:08 PM

If you've just bought bitcoin on January 15 when you've made and asked through this thread, you're already in profit. Price back then was $20k and price currently is $23k and trying to hit $24k any time now.

Those that have worries upon buying now or so. You should just take action and be accountable to your own decision so that you're the only one that's going to look at the lesson and the profit that you'll get.

Many traders have missed this level thinking that the market will dump from here. But Bitcoin surprised everyone and still going uptrend. Bitcoin has already broken the $24k level once, but Bitcoin is still close to this level. So we can expect Bitcoin to have an interesting run in the coming days. And will prove wrong those who were waiting for Bitcoin to dump the $10k level.

This traders that bought Bitcoin when the price was at $24k are the ones that will be in big profits now .
That is what I do tell people to be very prepared when they see the market keep the keep going down. Everyone works for a reason and we need to know that reason so that we can be in great profits. When the market keeps falling, I do see it as an opportunity for me to buy and I had accumulated some pieces of Bitcoin when the price was very low. If we all buy small small quantity when the price of Bitcoin falls we will have large holding of Bitcoin and it will make us very lucky investors.

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Quote from: nurilham on February 03, 2023, 04:54:01 PM

Quote from: Cling18 on January 29, 2023, 09:18:40 AM

If you didn't buy the last bearish price, you can still buy right now because the market is still trying to approach its recovery phase. It is not too late to buy especially if your goal is to hold for a long-term investment. It's still safe to buy and the opportunity to invest is still open for everyone. The bullish season isn't happening yet and it may still take time. It will only be unsafe to buy during the bull trend.

Agree. The bullish season doesn't start yet, we are still in the bearish season. As long as we are in the bearish season, it is always a good time to buy crypto coins. Early of 2023 is very clearly still the bearish season, the some pumps aren't the sign of the bearish end. So, it is fine if planning to buy now, just buying before BTC price passes $25k. However, do deep research and analysis before spending money on some crypto coins, especially new altcoins. New altcoins with weak fundamentals may not survive a long time, they can disappear before the bullrun is coming. I suggest to avoid buying meme coins and hyped coins.

Some said that bull season might be starting off or could happen this year 2023 and some been waiting for that halving event and some do wait up after the halving or after several months which they do presume that it would be on the same pattern just like before which i could say that it is really hard to tell on where we would be going.The best thing is that if you do go for long term then buying wont really be that an issue and you wont really be minding whether its safe or not because we are talking for long term on here.It doesnt matter if you have entered on 23k price or higher because we do know on whats its potential
when it comes to price or value on upcoming future.Its not guaranteed but at least we do already have the glimpse basing on what happened in the past.

nurilham

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Quote from: Cling18 on January 29, 2023, 09:18:40 AM

If you didn't buy the last bearish price, you can still buy right now because the market is still trying to approach its recovery phase. It is not too late to buy especially if your goal is to hold for a long-term investment. It's still safe to buy and the opportunity to invest is still open for everyone. The bullish season isn't happening yet and it may still take time. It will only be unsafe to buy during the bull trend.

Agree. The bullish season doesn't start yet, we are still in the bearish season. As long as we are in the bearish season, it is always a good time to buy crypto coins. Early of 2023 is very clearly still the bearish season, the some pumps aren't the sign of the bearish end. So, it is fine if planning to buy now, just buying before BTC price passes $25k. However, do deep research and analysis before spending money on some crypto coins, especially new altcoins. New altcoins with weak fundamentals may not survive a long time, they can disappear before the bullrun is coming. I suggest to avoid buying meme coins and hyped coins.

Fredomago

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Quote from: Questat on February 02, 2023, 04:04:27 AM

Quote from: Inwestour on January 30, 2023, 10:28:15 AM

Quote from: Questat on January 30, 2023, 09:04:48 AM

Whether it was buying or selling, it was our own decision, nobody have urge us what to do otherwise, it was manipulation.
If someone will sell their Bitcoin at this time, I don't stop them either. Perhaps, it was their decision and as long as they gain profit from that, then it was okay. We also have to understand the market situation and the personality of the investors because some of them are short-term holders, they will sell if they are satisfied with the price and also buy if they have the chance.

I waited for a while when there was a recent rise, but now I continue to buy again, because the correction that I expected did not follow. I also admit that it can still happen but I decided not to wait and follow my investment plan.

I think it is very stupid to sell now, because the growth has not even begun in full, I do not understand what is the point. Why did you have to wait so long, the whole bear market, in order to eventually sell with a small profit. Perhaps everyone has their own reasons for this, we don't know, but I would not sell now in any case, it's too early.

The current market situation couldn't influence to a person like you are a long-term investor. You are not aiming to earn a few bucks but rather aiming high, doubling, or tripling your profit. But in the case those investors are selling this time somewhat looking for assurance, they simply take the chance while they are already in profit because I was sure that they will reinvest once the market dump again. But it gonna be also unfortunate if the market will never dump again.
I'd see the positive results of following our plan but this becomes a big challenge for others. That is why we can see that not all are long-term investors, some got it short hold, then sell.

A big challenge indeed! You need to be familiar with how the market behaves before taking your decision, like what you said there are investors and traders who are okay with quick profits and will try to reinvest if opportunities knock again for them, while for some holding and aiming for bigger profits are what they are preferred.

The decision making depends on what type of investor you are. It will reflect from how you decide and how you see your options.

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Quote from: jossiel on January 29, 2023, 06:51:08 PM

If you've just bought bitcoin on January 15 when you've made and asked through this thread, you're already in profit. Price back then was $20k and price currently is $23k and trying to hit $24k any time now.

Those that have worries upon buying now or so. You should just take action and be accountable to your own decision so that you're the only one that's going to look at the lesson and the profit that you'll get.

Many traders have missed this level thinking that the market will dump from here. But Bitcoin surprised everyone and still going uptrend. Bitcoin has already broken the $24k level once, but Bitcoin is still close to this level. So we can expect Bitcoin to have an interesting run in the coming days. And will prove wrong those who were waiting for Bitcoin to dump the $10k level.

Questat

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Quote from: Inwestour on January 30, 2023, 10:28:15 AM

Quote from: Questat on January 30, 2023, 09:04:48 AM

Whether it was buying or selling, it was our own decision, nobody have urge us what to do otherwise, it was manipulation.
If someone will sell their Bitcoin at this time, I don't stop them either. Perhaps, it was their decision and as long as they gain profit from that, then it was okay. We also have to understand the market situation and the personality of the investors because some of them are short-term holders, they will sell if they are satisfied with the price and also buy if they have the chance.

I waited for a while when there was a recent rise, but now I continue to buy again, because the correction that I expected did not follow. I also admit that it can still happen but I decided not to wait and follow my investment plan.

I think it is very stupid to sell now, because the growth has not even begun in full, I do not understand what is the point. Why did you have to wait so long, the whole bear market, in order to eventually sell with a small profit. Perhaps everyone has their own reasons for this, we don't know, but I would not sell now in any case, it's too early.

The current market situation couldn't influence to a person like you are a long-term investor. You are not aiming to earn a few bucks but rather aiming high, doubling, or tripling your profit. But in the case those investors are selling this time somewhat looking for assurance, they simply take the chance while they are already in profit because I was sure that they will reinvest once the market dump again. But it gonna be also unfortunate if the market will never dump again.
I'd see the positive results of following our plan but this becomes a big challenge for others. That is why we can see that not all are long-term investors, some got it short hold, then sell.

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Quote from: Chainsmokers on January 29, 2023, 11:21:26 AM

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 current price of cryptocurrencies according to my analysis is very cheap and very worth it to buy,
moreover some of the altcoins that you can buy cheaply on Binance such as CKB, GALA, and Jasmy are altcoins which are fundamentally very good but are still very cheap,
of course this is a good opportunity to buy it, and don't worry your money will be safe on Binance.

even though there is an improving movement, in the future it is still difficult to predict, but I totally agree with your opinion, friend, that at this time it is still very appropriate to buy immediately, although it is possible that in the future there will be a decline again, but buying immediately is still good.

Binance is indeed very trustworthy because this is probably the best exchange at the moment, so you can look for altcoins that might be used as investments, of course beforehand don't hesitate to analyze them properly so you don't set them wrong. yes, Binance has been tested so far and I have the same confidence as you that the funds we place on Binance will definitely be safe, but for a long time it is certainly not recommended.

lixer

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Quote from: Gladitorcomeback on January 30, 2023, 11:00:32 AM

yes the market is good but no one can determined that in future it will rise or reduce in cost. But I can suggest that Matic can give you profit if you buy it now and also you can invest in Ethereum and bitcoin.

If you are newbies then you should realize that varying amount of money should be invest in various coins and do not use large part of your money because no one knows that what will be the condition of market in next month.

Investment in Bitcoin and ethereum can reduce your losses as all of individuals who choose these coin get enhanced profit. One thing necessary is to know that the value of market changes regularly so be careful and work with active mind.

That's true, because they are the top two coins and they rarely ever have any issues, or drama or problems. It means that if you invest into bitcoin or ethereum, or even better yet if you invest into both of them at the same time, then you will make a profit.

I am not saying that it is going to be a problem or anything like that, it is going to be pretty tough but it is going to be a great deal when the time comes. That is why I believe that we should not be really be looking towards anything lower or worse, it would be pretty tough and definitely not something I would suggest if you want a sure thing, lower level altcoins are as far from sure thing as it gets. I would suggest getting bitcoin and ethereum instead.

Lanatsa

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Quote from: Fivestar4everMVP on January 30, 2023, 02:53:29 PM

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.

Judging from the date you made this post, I am guessing you must have bought your coin of choice by now, but just incase you haven't, I think the current market conditions demand we wait a bit, there is a possibility that we could buy in at a cheaper rate than what the prices are currently, and just for the records, anytime you are confused on what to buy, then just trust bitcoin is the only crypto to really trust, there are some really good altcoins out there though, but you need to be sure with yourself that that is actually the coin you want to buy before proceeding to buy them.\
just an advice though.

Buying decisions would be entirely be depending on us because we do have our own will and decisions which we could really be able to do so.It is really just there are lots of factors and things which could really affect out our decisions along the way because we would really be boggling up whether we would push through or would wait for a little further.Speaking about being safe couldn't really fit out into this
market on which risk is the main thing that you would really be experiencing on point and on the rest of time dealing with this unpredictable and volatile market.
If you do really want and like to get that profit then you should be wise on taking up some decisions specially on buying and selling, it wont be simple as it sounds.

jossiel

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Quote from: Fredomago on January 30, 2023, 08:25:22 AM

Quote from: jossiel on January 29, 2023, 06:51:08 PM

If you've just bought bitcoin on January 15 when you've made and asked through this thread, you're already in profit. Price back then was $20k and price currently is $23k and trying to hit $24k any time now.

Those that have worries upon buying now or so. You should just take action and be accountable to your own decision so that you're the only one that's going to look at the lesson and the profit that you'll get.

It's better to take your position when you fully understand the situation. Like what you said, your action will witness the outcome. Either you succeed or you failed, more on how you can handle each situation in the market. Many failed due to wrong mindsets that the market for crypto is a good place for quick profits. They are the first line that breakout when a dump takes place.

They added pressures to the selling position and make the market to fall for more, without knowing the business your chance of
Succeeding is lesser. Don't take it as like a gambling platform. Better to invest with your knowledge before taking your call and step
inside the market.

I agree.

That's one that we need into this market, the basic knowledge is important and that's the newbies should have for before they invest. Not just asking if they should invest now or so.

Because knowing such will make them realize that it's more important to have the understanding towards what they're investing than to rely on someone's thought which varies.

Fivestar4everMVP

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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.

Judging from the date you made this post, I am guessing you must have bought your coin of choice by now, but just incase you haven't, I think the current market conditions demand we wait a bit, there is a possibility that we could buy in at a cheaper rate than what the prices are currently, and just for the records, anytime you are confused on what to buy, then just trust bitcoin is the only crypto to really trust, there are some really good altcoins out there though, but you need to be sure with yourself that that is actually the coin you want to buy before proceeding to buy them.\
just an advice though.

Gladitorcomeback

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yes the market is good but no one can determined that in future it will rise or reduce in cost. But I can suggest that Matic can give you profit if you buy it now and also you can invest in Ethereum and bitcoin.

If you are newbies then you should realize that varying amount of money should be invest in various coins and do not use large part of your money because no one knows that what will be the condition of market in next month.

Investment in Bitcoin and ethereum can reduce your losses as all of individuals who choose these coin get enhanced profit. One thing necessary is to know that the value of market changes regularly so be careful and work with active mind.

Inwestour

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Quote from: Questat on January 30, 2023, 09:04:48 AM

Whether it was buying or selling, it was our own decision, nobody have urge us what to do otherwise, it was manipulation.
If someone will sell their Bitcoin at this time, I don't stop them either. Perhaps, it was their decision and as long as they gain profit from that, then it was okay. We also have to understand the market situation and the personality of the investors because some of them are short-term holders, they will sell if they are satisfied with the price and also buy if they have the chance.

I waited for a while when there was a recent rise, but now I continue to buy again, because the correction that I expected did not follow. I also admit that it can still happen but I decided not to wait and follow my investment plan.

I think it is very stupid to sell now, because the growth has not even begun in full, I do not understand what is the point. Why did you have to wait so long, the whole bear market, in order to eventually sell with a small profit. Perhaps everyone has their own reasons for this, we don't know, but I would not sell now in any case, it's too early.

Questat

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Quote from: jossiel on January 29, 2023, 06:51:08 PM

If you've just bought bitcoin on January 15 when you've made and asked through this thread, you're already in profit. Price back then was $20k and price currently is $23k and trying to hit $24k any time now.

Those that have worries upon buying now or so. You should just take action and be accountable to your own decision so that you're the only one that's going to look at the lesson and the profit that you'll get.

Whether it was buying or selling, it was our own decision, nobody have urge us what to do otherwise, it was manipulation.
If someone will sell their Bitcoin at this time, I don't stop them either. Perhaps, it was their decision and as long as they gain profit from that, then it was okay. We also have to understand the market situation and the personality of the investors because some of them are short-term holders, they will sell if they are satisfied with the price and also buy if they have the chance.

Fredomago

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Quote from: jossiel on January 29, 2023, 06:51:08 PM

If you've just bought bitcoin on January 15 when you've made and asked through this thread, you're already in profit. Price back then was $20k and price currently is $23k and trying to hit $24k any time now.

Those that have worries upon buying now or so. You should just take action and be accountable to your own decision so that you're the only one that's going to look at the lesson and the profit that you'll get.

It's better to take your position when you fully understand the situation. Like what you said, your action will witness the outcome. Either you succeed or you failed, more on how you can handle each situation in the market. Many failed due to wrong mindsets that the market for crypto is a good place for quick profits. They are the first line that breakout when a dump takes place.

They added pressures to the selling position and make the market to fall for more, without knowing the business your chance of
Succeeding is lesser. Don't take it as like a gambling platform. Better to invest with your knowledge before taking your call and step
inside the market.

Topic: Is it safe to buy now? - page 3. (Read 1664 times)