Is risky to invest this period - page 15.

Nheer

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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.

Your friend shouldn't be surprised because this has happened to many people before. However, the wise ones were able to recoup their losses by holding on for a longer period of time, whereas others were forced to sell. Bitcoin price has always be volatile and cannot be predicted so the best time to invest in bitcoin is in times like this when the price is down. It’s advisable for your friend to keep holding no matter the outcome because better days are ahead.

bounceback

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Quote from: dansus021 on March 19, 2023, 01:12:20 AM

It is always a risk when it comes to the word of "invest". at this moment bitcoin just broke 25K level and the weekly candle should be top of 200 EMA that indicate that bull will be there.

You can buy bitcoin at 25k level or just buy now with Dollar Cost Averaging. This year we are not gonna see All time High but small bull might there.

Yeah right, just do DCA whenever there is an opportunity to take advantage of erratic market movements like today to get cheap prices when there is a decline, it will take another year we are in a bullish period which is most likely to occur in the estimate after the bitcoin halving in 2024 , so for now there is nothing wrong if we plan to do DCA to accumulate bitcoin so we don't miss the train to the next bull market which will provide a very large return, especially for bitcoin holders.

michellee

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Yes, holding on and staying calm will improve in an uncertain market because we will see opportunities to buy bitcoins at low prices. Actually it's okay if we are currently at a loss in terms of the asset's value because one day, the bitcoin price must experience a price spike and exceed the last ATH yesterday.

And you can tell your friend to hold on to his bitcoins and not panic and keep buying more if he still has money. Moreover, the current bitcoin price is still low and has not touched the price of $ 30k or more. So this is a good opportunity to increase the number of bitcoins so that when the price goes up, we can sell them for a big profit.

dansus021

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It is always a risk when it comes to the word of "invest". at this moment bitcoin just broke 25K level and the weekly candle should be top of 200 EMA that indicate that bull will be there.

You can buy bitcoin at 25k level or just buy now with Dollar Cost Averaging. This year we are not gonna see All time High but small bull might there.

bettercrypto

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

I am more than sure that not only is the OP not investing his money in Bitcoin, he simply does not have the opportunity to do so. And out of resentment at everyone, because he does not succeed, he draws such conclusions. Follow his posts, somewhat deleted; as a newbie, he tries to create an account for himself, but everything does not go as he wants. I know that this is not his first account; several accounts are already banned, but he categorically does not want to study and continues to whine and create stupid topics.
OP, start reading the forum finally and understand one thing: bitcoin has a future, and while you are crying, people are gaining knowledge.

In these times it is really good to buy or save bitcoin and other altcoins that we think can provide good savings in the future.

Apart from that, it seems that we have entered the bullish season, but we should not be complacent due to the volatility of cryptocurrency. It's hard to keep up with the experts when it comes to trading activity especially if we know that we don't know enough about it. Better to just put it on hold while we learn more about this industry.

odunybiz

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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.

When did he invested this $2000? Is it at the peak? I'm so surprised with this your 5× money lost due to Bitcoin bearish movement. I will advice your friend to hold is coin in his wallet as he will definitely make back is money soon.

Hamza2424

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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.

If you are really interested in investing then bro remember always " It's never late to start" just do it whenever you realize but all you need is to figure out the market situation and adopt the investing strategy accordingly. In different market times you can start with different strategies but a universal strategy that can help you in every situation is DCA . Bro according to your friend's current situation I will just suggest you not follow bulk investment and go with DCA as whenever the market is in a consolidation zone DCA works well.

Buy and Hold: It is the most common strategy adopted in the bear market.
Average Costing: Average costing is quite similar to the DCA.

Pterosaur

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What are you waiting for? Its always risky all way around, the only thing you shouldn't do is buy in a bull market, you are safe to accumulate in any bear market is your goal is long term, if you sit around and wait Bitcoin bull will begin when you least expected and the train would have been long gone.

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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,

You must not be following the market, or you're stuck in your own world of falling prices.

At the time of your post bitcoin was trading at 27k and now 27.4k It literally went up before and after your post Cheesy

You've been destroyed by honey badger bitcoin.

lovesmayfamilis

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I am more than sure that not only is the OP not investing his money in Bitcoin, he simply does not have the opportunity to do so. And out of resentment at everyone, because he does not succeed, he draws such conclusions. Follow his posts, somewhat deleted; as a newbie, he tries to create an account for himself, but everything does not go as he wants. I know that this is not his first account; several accounts are already banned, but he categorically does not want to study and continues to whine and create stupid topics.
OP, start reading the forum finally and understand one thing: bitcoin has a future, and while you are crying, people are gaining knowledge.

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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.

If you keep thinking this way, it's most likely you aren't going to ever invest in Bitcoin. Outside Bitcoin, you should know that business is all about risk. Show me a business without risk and I will show you one that doesn't make you money. You talked about waiting for a short signal before buying. When and what presents itself as the "right" signal? Is there ever a right time to buy Bitcoin other than now? Whatever skepticism anyone has about entry price for Bitcoin, they should remember that we're heading into a new ATH for Bitcoin and should shake themselves out of their sluggishness and buy it.

rat03gopoh

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All crypto seasons are risky, so if you don't wanna take it then don't invest at all. If you ask me if I take a risk, yes I and almost all bitcoin holders know the risks.
Elsewhere you suggest bitcoin as a means of payment. do you occasionally forget about the risk of volatility or how it is handled? Imagine yesterday a friend with 0.0001BTC wanted to buy chicken meat today, but instead he only got an egg.

ANSEL_2.0

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Quote from: Despairo on March 18, 2023, 04:52:57 AM

The appropriate illustration to reply @OP post:

When Bitcoin price is decline to $15K-$20K
@OP: Nah, Bitcoin will go lower, I will wait until the price hit $10K so I can buy the cheap Bitcoin.

When Bitcoin price is suddenly increase to $25K-$30K
@OP: It's a bull trap, it's risky to invest right now, I will wait until the price back to $15K-$20K.

When Bitcoin price is keep increasing and make new ATH
@OP: I regret for not buy Bitcoin where it was $15K-$20K.

Lol 😂😂 they always end up doing nothing, I am happy to have avoided many YouTubers that said there is no way bitcoin won't go lower to 10k, I zero my mind and bought some altcoins, today, they are all doing very well, my best purchase ever, it is better to be ready and DCA into your favorite projects over time than waiting for a price that might never become a reality.

Despairo

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The appropriate illustration to reply @OP post:

When Bitcoin price is decline to $15K-$20K
@OP: Nah, Bitcoin will go lower, I will wait until the price hit $10K so I can buy the cheap Bitcoin.

When Bitcoin price is suddenly increase to $25K-$30K
@OP: It's a bull trap, it's risky to invest right now, I will wait until the price back to $15K-$20K.

When Bitcoin price is keep increasing and make new ATH
@OP: I regret for not buy Bitcoin where it was $15K-$20K.

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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.

You can start to learn different strategies you can use to invest using DCA.

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

Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

Bitcoin all-time-high was $69000
The lowest price recently was $15500
Bitcoin at $27450

If your friend invested at all-time-high, his $2000 would be $434.78 when bitcoin got to $15500
Bitcoin is $27450 as I was about to post this, $2000 investment would be around $800 now.

But last year was a year not for investment, many people knew already that it would be a bad year. But you can start to DCA, see bitcoin price to be low for now, all-time-high is still possible in the next two years.

It was not a good decision to invest last year, but it is still a wise decision to invest this year.

KiaKia

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Your friend knows nothing about market movement that is why he went ahead and buy Bitcoin at the ATH, it shows he is a newbie, to me, it's even riskier to be out of Bitcoin right now, few people are still predicting 13k drop but it should not stop anyone from accumulating Bitcoin because it doesn't matter, it won't stop you from making massive gains.

kamvreto

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MAaaN...!! CUT THAT STUPID SHIT

The investment made depends on whether you are going to do long term or not. If a friend of yours invests $2000 and has $400 left in his wallet, that's still not a loss when your friend hasn't sold it. The price of bitcoin is fluctuating and it is decreasing in value, hold and wait for the price to rise again. If it still crashes then it is the best opportunity to add assets so that it will accumulate the initial capital and the more bitcoins you have. Selling when the price crashes or taking a cut loss will only give you losses, there's no harm in waiting for the price to recover.

GiftedMAN

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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.

Your advise is pretty good and as an investor we need to hold and keep holding even though the market is bear. We don't need to be in a haste to sell our tokens or coin because since the market is still going to go bullish. I am very certain that the market is going to go up very soon so we need be as patient as a dog.
Bitcoin is not a risky business what we need to do is to know how we make investment rather the investing without making research about the market. The market is bear now and is going to go bullish soon.

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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.

When it comes to investing in bitcoin, always invest with the money you can afford to lose. This is the first rule of any investment. At least for me, I invest only the money which is in my bank, the reason is clear I don't need that money and I don't want my money to be left in the bank.

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Quote from: Zaguru12 on March 17, 2023, 05:36:05 PM

Right from on set the warning given to everyone looking to invest in bitcoin or cryptocurrency is to invest an amount that they could hold for a very long term. Although I don’t know how when your friend invested into bitcoin but had he bought around at $67k with his $2000 he would have more than $400 currently at the current price. Except he sold all at the $15k mark.

Regardless of the loss the easiest way to be patient in holding is to invest what you can lose and not to sell when the bearish period hits. And when you buy just try the DCA method during the bearish period and this is the perfect time for it

I have checked that possibility of reduction from $2,000 to $400. It is very unlikely unless his friend sold bitcoin at some points. It is either OP just quoted any figure he wished or he was told a non existing story or his friend exergeratted the story of what happened.

Meanwhile how did OP know that Bitcoin is not rising any soon even when bitcoin crossed $26k few hours ago. With bitcoin anything is possible and achievable.

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