Is the Bitcoin crash an opportunity to enter the market?

slaman29

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Quote from: Welsh on May 26, 2021, 09:57:45 AM

The hard part is determining what is the tip of the spike. I much prefer to advise people or investors to set a target, and cash out at that target regardless. Wait, until Bitcoin takes a hit again, and that's your next investment start point. Currently, because of how volatile Bitcoin is, you get these opportunities. However, this will likely change, and become less dramatic over time, which is when I would advise hoarding it, would be the best option or simply by that time using as a currency might be a little more viable.

This is the problem with buy low sell high, agree. It seems so easy to do, especially now when we're in a cycle and can see the market go up 2 or 3 times from 2017 ATH. But I always feel afraid of selling too far from the tip, and what if the rally just goes on and on and then you end up never being able to buy back in? Then your journey is "over" and you didn't enjoy the top.

Lordhermes

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I believe is an opportunity for those who wants to invest in Bitcoin, buying more Bitcoin now at a lower price, and also been smart enough to know when to sell, many people sells their Bitcoin with the believe that Bitcoin Price won't rise, that is will keep dropping. And they end up losing. It takes courage to keep your Bitcoin now.
But Bitcoin price will hit more than 80k before the year runs out, and people who bought it at a lower price will sell at higher prices and basically make good profit. Bitcoin price will surely bounce back, we just have to be patience.

Streets 2.0

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I think a crash is always a reason to buy at an attractive price. While we have not yet flown to heaven with the price of bitcoin, you can and should buy it. Otherwise, when my son grows up and asks me, "Dad, why didn't you buy bitcoin when it was worth less than a million dollars?" I will not have anything to answer him, only for this reason I am ready to spend my time and money so that the future is brighter and more promising for my children.

angrynerd88

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Actually this is part of game,A strong trader and crypto lover take it as an opportunity when BTC crash.This is time to get in the crypto and HODL for long till get expected profit.But it is mandatory to have proper knowledge of coins and invest carefully in different coins which can give you profit in future.

kryptqnick

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Quote from: Mituletr on May 24, 2021, 08:41:34 PM

Supporters believe that investors believe that Bitcoin is an effective tool for hedging inflation in the context of global central bank releases. Opponents believe that investors are chasing Bitcoin too fiercely, and a speculative bubble may have formed. Do you think Bitcoin crash is an opportunity to enter the market?

It absolutely is an opportunity for everyone who remotely believes that Bitcoin can recover again. BTC is 40% down right now, and looking at its history, it's reasonable to believe that the price will at least get to the previous ATH at some point (although it might take a few years). So even if a person couldn't care less about the technology and ideology behind BTC, it's still a good financial opportunity. As for crypto enthusiasts, it's a nice chance to buy some BTC at a relatively low price and wait for its glory.

Welsh

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Quote from: Kakmakr on May 26, 2021, 12:55:23 AM

When I got into Crypto currencies, people repeated this mantra over and over again... "Buy Low & Sell High" and I took their advice. The end result was a 800% profit on my initial investment. So divide that into the 4 years that it took to make that profit and you end up with 200% yearly profit on my investment... (Show me an legal inflation killer investment that yields 200% profit in a year and I will also invest in that)

What I have experienced in my 8 years in Crypto currencies is this.... "Crypto is not a Get Rich Quick scheme... you Buy low... hoard ... Sell for a profit when it spike" ...then rinse & repeat. Cool

The hard part is determining what is the tip of the spike. I much prefer to advise people or investors to set a target, and cash out at that target regardless. Wait, until Bitcoin takes a hit again, and that's your next investment start point. Currently, because of how volatile Bitcoin is, you get these opportunities. However, this will likely change, and become less dramatic over time, which is when I would advise hoarding it, would be the best option or simply by that time using as a currency might be a little more viable.

conected

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Quote from: cheezcarls on May 26, 2021, 07:45:57 AM

Most of the newbies and beginners would say that it is gonna be the end of Bitcoin if it crashes. They don’t see any positive side of the bear crash or so, as they are not yet matured on how the market works. Of course, it is unpredictable but Bitcoin will never collapse ever. Either it’s an opportunity to panic or to buy at a discounted price.

- Although the crypto market has had a pretty heavy capital pullback but a large part of the capitalization is still stored, even going into waiting mode to enter the market again, and with such factors, negative attitude really is not necessary, Bitcoin is cherishing and waiting for an opportunity to counterattack, it's clear that those who have grown up and survived on the script always know this and they always choose to stay. Another journey will begin, this moment is waiting for everyone to step in the right ranks, fear or brave.

Pandji02

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Absolutely. It's not too late to get on the train even if so many people thinking like this. The ride is not over and not going to end soon.

cheezcarls

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Most of the newbies and beginners would say that it is gonna be the end of Bitcoin if it crashes. They don’t see any positive side of the bear crash or so, as they are not yet matured on how the market works. Of course, it is unpredictable but Bitcoin will never collapse ever. Either it’s an opportunity to panic or to buy at a discounted price.

isaac_clarke22

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Quote from: mk4 on May 24, 2021, 11:32:33 PM

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An opportunity to....panic. Well for some people.
Some aren't used to price correction anyway in here. We will see a lot of threads like this for few more months to come.
It's just like that good ol' reaction when Bitcoin crashed to 3k back then.

Sanugarid

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Quote from: Mituletr on May 24, 2021, 08:41:34 PM

Supporters believe that investors believe that Bitcoin is an effective tool for hedging inflation in the context of global central bank releases. Opponents believe that investors are chasing Bitcoin too fiercely, and a speculative bubble may have formed. Do you think Bitcoin crash is an opportunity to enter the market?

Yes especially for people who are waiting for the opportunity to invest in BTC, so buying when market price drops are the best time since it will bounce back eventually to achieved its previous price range. Massive dips occur in the history of BTC before, but BTC overcomes it and reached its ATH. So we expect something like that would happen again since history repeats itself.

the rise

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That's right, I've always been taught buy when people panic sell, and that's great, I tried a few times and it worked, we just have to be smart when it comes in and when it comes out, don't follow the panic, but we have to believe our predictions.

KaliLinux

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Quote from: Mituletr on May 24, 2021, 08:41:34 PM

Do you think Bitcoin crash is an opportunity to enter the market?

To me, any time is the best time to enter the market when it comes to Bitcoin Investment but entering when the market is down is a sweet deal you MUST not miss. You already understand why that is since you will get even a bigger profits on your investment Wink

Maslate

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Absolutely...many were waiting for the crash, and I can't deny myself.

The Bitcoin price still moving in an indefinite direction, up and down, from $38k to $40k (at this moment). It is a need for us to observes the trend first before investing and too risky. Only risk-takers can do this, not these doubtful individuals but if you have some guts, then grab your bag and filled it.

Jenny Z

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I think this is an opportunity. You can buy Bitcoin at a low price and wait for its price to rise. Past experience tells us that we don’t have to worry about this situation. With the support of the underlying blockchain technology, the price of Bitcoin may fall, but it will not return to zero like other digital currencies. So what we have to do now is to buy Bitcoin at a low price, and then believe that it will once again work miracles.

jjdub7

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Quote from: Mituletr on May 24, 2021, 08:41:34 PM

Supporters believe that investors believe that Bitcoin is an effective tool for hedging inflation in the context of global central bank releases. Opponents believe that investors are chasing Bitcoin too fiercely, and a speculative bubble may have formed. Do you think Bitcoin crash is an opportunity to enter the market?

Undoubtedly, such price crashes are an ideal investment opportunity at the bottom of the market. This is true not only for the Bitcoin and crypto market, but also for each asset - when the market collapses it's time to buy.

The big owners of Bitcoin (BTC) are aggressively buying the bottom against the background of the latest price adjustment, which increases the chance that the coordinated sale may come to an end.

Quote

Do you think Bitcoin crash is an opportunity to enter the market?

So my answer is 100% YES

iram3130

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The first thing that happened is Elon Musk complaining about carbon footprint and the environmental issues created by Coal mining to generate electricity and that being used in the BTC mining.
The market reacted negatively and the price dropped, as the uptrend was going on for quite some time now so the dump was also bigger.
The support levels hit and people started buying. {PEOPLE}
Now Elon Must is telling that he has been talking with American miners to decrease their carbon footprint and increase the use of Green energy for mining.

The question is who didn't buy the dip.. We might know the one guy who did it. Wink

Kakmakr

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When I got into Crypto currencies, people repeated this mantra over and over again... "Buy Low & Sell High" and I took their advice. The end result was a 800% profit on my initial investment. So divide that into the 4 years that it took to make that profit and you end up with 200% yearly profit on my investment... (Show me an legal inflation killer investment that yields 200% profit in a year and I will also invest in that)

What I have experienced in my 8 years in Crypto currencies is this.... "Crypto is not a Get Rich Quick scheme... you Buy low... hoard ... Sell for a profit when it spike" ...then rinse & repeat. Cool

slaman29

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Quote from: BrewMaster on May 25, 2021, 12:15:18 PM

the answer is very simple, what do you think bitcoin is worth?
if the answer is a price lower than the current price then don't buy. but if you think the bitcoin worth is so much higher than what it is and what it reached a while ago then it is obvious that you should buy now.
unfortunately nobody can give you the answer because it is too obvious and you have to figure it out yourself otherwise next time we see another dip you will be just as confused.

Although, the answer could also be: I think it's lower than the current price, but it will eventually be higher one day, and I don't know if the price will actually go down to match the value. Maybe the value will catch up to price instead some day. So in order to not risk the price never coming down to match the value, I would like to buy it now. Wink

LongStand

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Yes Its big Opportunity l! We are simply not going any lower, stop listening to people causing panic which are dumb short sellers that literally just shorted the dip and try to encourage you to sell your coins so that they make money. Short term (next week) we are definitely going up and then will see where the whales will take us. SELL YOUR CARS, SELL YOU HOUSES, SELL YOU WIFES AND BUY AS MUCH CRYPTOS AS YOU CAN!!!

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