Is risky to invest this period - page 13.

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Quote from: Greggry on March 17, 2023, 03:10:33 PM

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Hold on, but if you must buy now be wise to use spare income.

I hope that you will not regret if you're the one who is waiting still for the price of Bitcoin to go down.

You use the word "will" meaning you're certain that the price of Bitcoin will not come up soon? Did you predict it? Did you use some crystal ball to predict the future with 100% accuracy? Using the word "will" and "might" will change the meaning of your first sentence. You think you're sure that price of Bitcoin will not come up soon? Well, you might be true that prices of Bitcoin will not come up soon because it might experience some selling pressure in the future thus, putting the price of Bitcoin to go lower, but at the same time, we might see Bitcoin going up to as high as $30,000. Many are bullish right now with what's happening with crypto, and TBH it might continue for the rest of the year, and it will be the start of the bull run.

Buying Bitcoin also depends on the time you're willing to hold it. If you want to buy Bitcoin and hold for at least 5 years, then I guess it's still a good thing to buy until now. On the other hand, I also suggests that we must wait for Bitcoin to go down a little bit before buying to maximize the profit (if it goes down Cheesy

).

Bananington

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Quote from: Greggry on March 17, 2023, 03:10:33 PM

We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

There is risk investing anytime in bitcoins, It s hard to imagine a time when the movement of bitcoins will be purely predictable and it's direction of movement clear, it is all a risk. And only those who are willing to bear the risk will suffer the losses and also enjoy the rewards. It is why we are always told to invest in bitcoins in small small amounts regularly than huge amount at once if we are very afraid of the risk the market brings.

Quote from: Greggry on March 17, 2023, 03:10:33 PM

Hold on, but if you must buy now be wise to use spare income.

Use spare income or money you have budgeted for(an amount you can loose) to invest in bitcoins every time. The strategy of buying bitcoin in small amounts is not only useful when things look bad in the market but also when things are going good in the market.

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Think before you make a decision of buying and selling. I know that these days market is not stable and we cannot predict about its price but your friend do a mistake that he does not wait further to get rid of loss.

If your friend make investment 10 days before then he will have huge income these days as the price enhances from 22k$ and now its approximately 28k$ so if he didn't make a quick decision then this time will be better for him. But I think he has forget about the reality that after each down in price there is a good enhancement in worth of bitcoin as we can get knowledge from previous year where a price was so dip but as this recent year started so bitcoin price become more higher than that worth.

I will suggest that if a person is afraid of losing money due to bear market then he should make investment for longer time so in this case he will be aware of everything related to investment and also he will have no worries about losses whenever the price goes up he should sell and get the profit.

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What happens if someone invests their money in bitcoin at the beginning of this year? I think at this point he has the advantage. Besides, if you invest when the price is on the rise, aren't you too late for that?
However, if someone invests $2000 and it becomes $400, then it is a risky investment. we all know that investing in crypto is a very risky thing. However, investing in crypto can also make the money you have more.
We don't know about bitcoin price movements because the price is very volatile. however, if you want to invest, then start now, and use money that you are willing to lose. investing little by little is more recommended than investing in large amounts at once. that way we can control the profit or loss. However, if you never start and keep waiting, you will miss the moment to invest. however, in the end, we all have different views and strategies.

KaliLinux

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Quote from: Greggry on March 17, 2023, 03:10:33 PM

From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

Hold on, but if you must buy now be wise to use spare income.

I believe the bottom line is you guys are looking at Bitcoin investment wrongly. The price is just about where Bitcoin topped its price for that Day 17th March 2023 when you made this post. I want to believe you must have said the same thing when Bitcoin dropped to $15k+ thinking the price was too high and would probably want to wait until it shows a strong signal and moving from $15k to $27k isn't a strong signal Huh

As for your friend that invested $2k, even though his portfolio is reading $400 does not mean he has lost money as long as he will continue to HODL till the market reverse which I believe he should do.

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Quote from: lovesmayfamilis on March 18, 2023, 06:47:34 AM

...understand one thing: bitcoin has a future, and while you are crying, people are gaining knowledge.

What you said there is just the honest truth. Anyone badmouthing Bitcoin at a time like this, knowing we're in a pre-halving year doesn't truly understand how it works. If anything, now is the very right time to buy and store up for the imminent bull run that will take place. We're looking at 2024 and then 2025 to produce a new ATH that speculatively go above $120k. That's my speculation, anyway.

gaston castano

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I think you can buy little by little from now on, bitcoin has risen quite high from its lowest level last December at 15600 $ now it is stable in the 25000-28000 range, if the market is improving bitcoin will slowly rise, and altcoins will also follow , but there is still a possibility that the market will fall again, so be wise in managing your money.

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Quote from: GeorgeJohn on March 26, 2023, 07:10:36 PM

Quote from: Greggry on March 17, 2023, 03:10:33 PM

From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

Hold on, but if you must buy now be wise to use spare income.

Some speculations of Bitcoin don't come to real, Bitcoin price can come up any time any day, their is no stipulated time that ensure or indicate that the price will surely get increase. So the price of Bitcoin is full of individual speculations and it make some people to be confused of the price. From my perspective or understanding towards Bitcoin i believe that Bitcoin will increase any day with the awareness of the speculators except they are using chart to read when it will fall and when it will rise, which i believe that with chart they can't get the accuracy.

in managing finances to invest in bitcoin, we have to be careful with implementing the strategy that we are good at, of course in investing we don't know where the market will go after, and I think it's still good to place purchases, of course in a gradual way, so we can buy it back when the price goes down, but if it continues to go up, we have at least part of it. but if you are afraid to buy now, don't make a purchase when fomo occurs

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Quote from: Greggry on March 17, 2023, 03:10:33 PM

From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

Hold on, but if you must buy now be wise to use spare income.

Some speculations of Bitcoin don't come to real, Bitcoin price can come up any time any day, their is no stipulated time that ensure or indicate that the price will surely get increase. So the price of Bitcoin is full of individual speculations and it make some people to be confused of the price. From my perspective or understanding towards Bitcoin i believe that Bitcoin will increase any day with the awareness of the speculators except they are using chart to read when it will fall and when it will rise, which i believe that with chart they can't get the accuracy.

Dimitri94

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Investing in cryptocurrencies or Bitcoin is always risky ‍and by taking this risk that an investor achieves success in investing. Current condition is a good time to invest in Bitcoin. Where the price is $28000 and judging by the analysis, this is the maximum dip where an investor can fully trust. I believe those who can take this risk can find success with Bitcoin in a short period of time.

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Quote from: Kodok Bencot on March 26, 2023, 11:00:44 AM

don't be a human being who is afraid to take risks because won't change our future.

Yes, it won't change our future but I do understand that there are people who are not fit into investing and that's why they're afraid. And there are people that have got out into their comfort zone to test new things and that's why they're learning how to invest and take the risks of it eventually. Until they're used to it and understand that there's a need for one to take it if he wants to step up his way of living because the richest people in the world were all investors after all. They've taken risks that no one has taken and they've seen the opportunity there and within this market, on its earliest days, many were too afraid to try it out but those who have been brave enough to take the challenge even during that time was full of uncertainties. Those who have bought early bitcoin and still holding it because they believe, they've taken the risk and that's no easy challenge when the world is like full of doubters about it and few believers were only there during that time.

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Most people here know that bitcoin has proven to be a good long term investment. If you're going to day trade, it's better for me to do it with another cryptocurrency, not bitcoin, in my opinion.

Because of the long-term investment class of investors, they are not affected if its value falls suddenly in the market, theirs is when the bitcoin halving comes and they see that there is a profit for sure they will release the profit.

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Quote from: Greggry on March 17, 2023, 03:10:33 PM

From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

Hold on, but if you must buy now be wise to use spare income.

The new Bitcoin cycle/bullrun has started already. That's a fact now. I'm not sure what makes you think the price isn't going up soon. And now it's high time to invest, before we are going up. Halving is going to happen soon too, another driver which could help us skyrocket. Remember that $14k spike back in 2019 if I'm not mistaken? This time we're going to at least $50k and it should happen really soon (April-May-June arena). So go on and invest, before it's too late (you may simply miss the moment we're going parabolic and lose lots of money). Act now! Cool

panganib999

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Any day is as risky as the day before, when investing in crypto. The volatility rate doesn't change with each subsequent period after all. But what does change is the amount you could bag up when a bull run arrives, which some people speculate is closer than we may think. Don't take my word for it though! in any case, it's always risky to invest in bitcoin and cryptocurrencies as a whole. There's no definitive "profit only" cryptocurrency out there and even if there is, the market will absolutely demolish the fuck out of that coin courtesy of people flocking up to it.

So invest if you can. if you have reservations over it do not, and gather up researches first before making a move.

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Quote from: Kodok Bencot on March 26, 2023, 11:00:44 AM

Investment is always risky and unpredictable, if we want to get into cryptocurrencies then be sure to understand the risk of loss that can occur, if we are not ready then it's better to leave, the most important thing when we invest is to understand the risks, don't be a human being who is afraid to take risks because won't change our future.

If he can handle the risks and always be prepared for whatever happens, he will be fine and there shouldn't be any major problems. Investing at this time can still be done because the price is still low so he can collect more bitcoins or whatever coin he wants. And he can focus on bitcoin as his investment so he can make his bitcoin the main investment in crypto. But we must remember that there will always be risks, so we must always be prepared.

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Quote from: ringgo96 on March 26, 2023, 07:33:29 AM

Currently the value of Bitcoin is in the middle of rising or falling prices and for those of us who want to invest at this time of course must be prepared to accept losses if the decline occurs again, then for investors who have just joined then consider well so as not to prustasi in the face of losses, because profits are what we expect but this has not been fully achieved because of the many challenges we have to go through, But I believe Bitcoin will increase this year.

The price of bitcoin has been quite stable this week but I do not recommend to enter at the current price for new investors joining or increasing their investment assets, need to wait for the moment of market correction to target buy bitcoin at lower price because buying at current price is also risky unless you aim to long term investment, so to avoid risk it is highly recommended to be patient waiting for the market to correct because there may be a correction below $25k if the $30k area is not reached.

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Quote from: Yatsan on March 25, 2023, 04:02:37 PM

Whatever period there is, investments will be always risky not only in this industry but in general. But regarding current market behavior, I gues this is a better season to invest given how market prices are showing signs of recovery from being down low for almost a year. Also, there's this anticipated bullish trend which is something to look forward to, which somehow lessen the risk. Again, there will always be risk but atleast worries would be lessen right now compared to last year wherein it was hard to even foresee recovery from the market. The only thing you should be careful of is choosing the right ones to invest and I'd say huge names would be the best choices since these tokens are the ones who could sustain sudden declines and ones who'd lead once bullish trend is again visible.

You can never predict the future, but at the same time there is always some bargain to be had when it comes to proper investing. Speculating on cryptocurrencies is hard to call investing, because it simply does not have a long enough track record to do comparisons. It's not like the stock market, where you can see over many decades the gyrations that it goes through - the dozens of booms and busts. The stock market is also made up of many individual companies that are actually producing goods or offering useful services, unlike the many altcoin variants that are simply clones with a slight tweak with the pure intention of making the original "developer" a bit richer.

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Quote from: Kodok Bencot on March 26, 2023, 11:00:44 AM

Investment is always risky and unpredictable, if we want to get into cryptocurrencies then be sure to understand the risk of loss that can occur, if we are not ready then it's better to leave, the most important thing when we invest is to understand the risks, don't be a human being who is afraid to take risks because won't change our future.

There will always be a risk of everything we do, moreover, this is an investment whose price movements will not always increase and will not forever decrease either.
You are right, if we do not want to take risks then we will not be able to determine the future. We must be human beings who dare to take risky steps to become better human beings. Of course, having the courage to take risks must be equipped with knowledge, because if we are just being brave without having knowledge, that is tantamount to lying, or we are just hoping for luck. 2 things that cannot be separated in an investment like this, namely, the courage to take risks with knowledge.

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Quote from: Greggry on March 17, 2023, 03:10:33 PM

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Well I have not really checked out how Bitcoin was doing lately and recently I just found out that it is over 25k+ already in USD per coin. Couple of months ago, I was like looking at it to be just around 19-20k and that was it. I thought I would just sleep into the price for now and wait for like a year. I guess that corrects your statement "....bitcoin will not come up soon".

It is just a common sense to buy when you have the means to buy BTC otherwise don't feel too bad that you're going to miss out. Remember that we always have those days of dips like always and it always happens all the time.

Kodok Bencot

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Investment is always risky and unpredictable, if we want to get into cryptocurrencies then be sure to understand the risk of loss that can occur, if we are not ready then it's better to leave, the most important thing when we invest is to understand the risks, don't be a human being who is afraid to take risks because won't change our future.

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