It goes same way people never learn btc 30k - page 2.

Baofeng

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Quote from: Slow death on June 11, 2022, 05:25:04 PM

what happens is the following: when the price starts to fall a lot, people tend to think that the price will continue to fall and for that reason they will not buy for fear of buying and falling even more, leaving them with losses, but when the price starts to rise, people buy thinking that the price after they buy will continue to rise, this also happens because people are not using technical analysis when buying bitcoin, even if it is to make a long-term investment people don't technical analysis when buying bitcoin that's why they don't know when to buy and when to sell and use stop - loss

Yes, that's what really is happening to all of us, lots of decision to make and we can only make one correct to be able to win in the long run. I guess though if you have experience, you will have to take a risk and not regret your decisions and learn from our past mistakes. So the cycle won't repeat in a bad way. There could be argument that there is no right or wrong move, probably, but what we are looking is to maximized our profits long term. Other doesn't want to complicated things when there are tools like DCA that can help us if we can't make our minds.

Slow death

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what happens is the following: when the price starts to fall a lot, people tend to think that the price will continue to fall and for that reason they will not buy for fear of buying and falling even more, leaving them with losses, but when the price starts to rise, people buy thinking that the price after they buy will continue to rise, this also happens because people are not using technical analysis when buying bitcoin, even if it is to make a long-term investment people don't technical analysis when buying bitcoin that's why they don't know when to buy and when to sell and use stop - loss

jostorres

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Quote from: Sanitough on June 09, 2022, 03:01:30 PM

Quote from: 325btc on June 05, 2022, 05:54:30 AM

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .

I would love to see bitcoin price dropping, the reason why i settle on my own predictions and not on other's market views. That way, we can accumulate more bitcoin and increase the chance of making good profits when bitcoin starts to move up and hits its new ATH. However, not all are eager to see more price drops for bitcoin because they think that it would create more losses on their part, the reality is they will only lose if they start panic selling and chose to sell their coins in a much lower price.

There are some points in my life when I want the same thing, like when the price is too high for a while, I always go "that's enough, we should have a crash so we could redo this all over again later on". And I am super happy that we went low for a while, and I am happy here.

However, I would love it to start going back up again, since I just do not believe that we are doing that well at all right now. I get that it has been a good hype period with a 68k at certain point, and that is why the crash made sense. But we have been here for a while and honestly I do not have much money left Cheesy

So it would be awesome if we could start going back up again.

325btc

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Quote from: bots1 on June 11, 2022, 05:34:02 AM

If bitcoin is not able to maintain the support area above $30k, then there is a possibility that BTC will drop further with the nearest potential target in the $19k-$20k price range. Therefore, be wise in analyzing the market before deciding to buy or sell.

30k support but this 30k acts like 15k price range it was huge accumulation of coins are going on right now.
And whos selling ? Retail off course
Yes 25-26 max lowest wick down but there is no data of that even we go 25k price range.

bots1

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If bitcoin is not able to maintain the support area above $30k, then there is a possibility that BTC will drop further with the nearest potential target in the $19k-$20k price range. Therefore, be wise in analyzing the market before deciding to buy or sell.

Renampun

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Quote from: Oshosondy on June 05, 2022, 06:02:54 AM

Do not believe in analysts or institutions about bitcoin price, make research yourself and see if it is possible for bitcoin to stay at $30000 or go down below the price. As a matter of fact, it is possible that bitcoin may go below. But if you buy bitcoin now and hold it for like a year or two, you will make profit from your bitcoin holding when the price will rise back.

That's right, doing your own research (about Bitcoin price history) is the best way to make a profit on Bitcoin investments...

Bitcoin is very profitable if it is made as a long-term investment, not short-term. many are already disappointed with Bitcoin because they make it a short-term investment. the future of Bitcoin is incredible and for sure when bitcoin halving day arrives, we will see price spikes happening (as usual).

Silberman

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Quote from: uneng on June 07, 2022, 11:13:21 PM

Sometimes it's hard to be an investor, because you must be prepared for every scenarions, not only the bright bullish ones. A lot of confidence, patience and planning are needed, since we don't know for how long it will be necessary to hold our coins until profit can be made.

I believe there are two main reasons why people get so fearful and hysteric during bearish markets: they have invested money that will have to be used soon or they don't really trust bitcoin's potential. Once the individual trusts bitcoin and have the assurance it's going to rise again soon, he simply changes his mindset and start seeing things like you said in your post: in a positive way and focusing on the recent achievements of the market.

Another reason why people get so restless when there is a bear market has to do with the price at which they bought, if they had bought their bitcoin when the bull market was just starting then even with the current drop they will still have some exceptional profits, however if they invested at the top of the market or close to it then they will be very nervous as right now their losses will not be small at all, so they begin to doubt bitcoin and its ability to recover and that is why they end up selling for a bad price.

STT

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Some learn, most dont would be more accurate. The market repeats itself alot, maybe the majority of trades are done for speculative reasons, borrowed money flows within the market and people buy knowing they have no choice to sell later so its just a bet in effect. Thats the reason we tend to go in circles or cycles and guessing if we are finally positive or negative in conclusion is the wider call.

Right now we had some bearish news event and DXY or dollar index is rising back up again, dramatically so. It certainly seems like it would effect matters but BTC is relatively untouched for today at least, main markets have pulled back quite alot in reaction.

milewilda

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Quote from: Sanitough on June 09, 2022, 03:01:30 PM

Quote from: 325btc on June 05, 2022, 05:54:30 AM

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .

I would love to see bitcoin price dropping, the reason why i settle on my own predictions and not on other's market views. That way, we can accumulate more bitcoin and increase the chance of making good profits when bitcoin starts to move up and hits its new ATH. However, not all are eager to see more price drops for bitcoin because they think that it would create more losses on their part, the reality is they will only lose if they start panic selling and chose to sell their coins in a much lower price.

Stick with your own and act accordingly with your own strategies and never intent to follow nor rely on someones calls but its not bad to snip out some good ideas or analysis from others which might
be that helpful so its just common sense that you would really be that keen on making out analysis of your own as long it could sustain yourself into the market then its up
to you on how you would gonna handle it out.People never ever learn? Its not that to say of but missing out opportunities are the results on having fear on taking risky step
If you arent that risk taker whenever bear market comes then think again.This isnt something that you could easily dealt with.

Sanitough

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Quote from: 325btc on June 05, 2022, 05:54:30 AM

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .

I would love to see bitcoin price dropping, the reason why i settle on my own predictions and not on other's market views. That way, we can accumulate more bitcoin and increase the chance of making good profits when bitcoin starts to move up and hits its new ATH. However, not all are eager to see more price drops for bitcoin because they think that it would create more losses on their part, the reality is they will only lose if they start panic selling and chose to sell their coins in a much lower price.

Joshapat

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The price of bitcoin seems to still survive in the range of $ 30k and I think it's a good thing to buy, I'm always optimistic that Bitcoin can provide surprises as it often happens before, the most important thing is now to have a target to buy because I'm sure soon the price will soon skyrocket As happened in 2021.

Smartvirus

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Quote from: TheNineClub on June 05, 2022, 08:31:32 AM

The issue here is that peopke are not educated on the topic of crypto so they can't tell what's really going on. So further esucation is needed for potential investors, and if that's covered than people will understand crypto lifcycles and how the market fluctuates. But, even that isn't a 100% accurate.

Are you sure education is the issue here because, I'm having some doubt to agree with that idea. Like, it might play out in clear ignorant once due to the fud that is past around but still, you would see some ready crypto investors still unwilling to buy or invest. Why? They keep getting the sentiments or idea that, its not at the deep yet. Even whe the trend has broken the support line, they tend to look for another support and keep watch for a breakout and so it goes. Suddenly, the market undergoes a reversal and they start waiting on it to come back down. They even date to have the feeling of a lose to have not bought from the support line and so, they don't invest at all, sick!

Oasisman

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Quote from: 19Nov16 on June 07, 2022, 04:51:49 AM

November when the price of Bitcoin reaches nearly $ 70k, I'm sure I will not drop it anymore below $ 50k, but this is what happens, once again this proves that we must be realistic, better selling immediately when we have gotten a big profit, and who have not yet started Then the price of $ 30k is a very good start to get a big profit.

Easier said than done. Selling immediately during the bullrun might cause your frustrations especially when Btc price keeps going on. You should always set a standard range on what profit percentages you were looking in a mid or long term.

Anyways, I'm not sure what the OP is talking about his institutional data and where that coming from. However that's just another predictions and Btc could still have a chance to drop below $25k. Fortunately, $30k is a good price to start buying.

kotajikikox

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Quote from: 325btc on June 05, 2022, 05:54:30 AM

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .

Dont give them a damn mate because it is their losses not ours and besides those kind of people are the one who cannot contribute in our community and market here , they cannot even Keep hold for their funds so lets kick them out and find strong holder and buyer.
now we are staying at 30k , and there are no chances of climbing easier , so buy now and buy more guys.

Reatim

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At least I wanted to take this opportunity to thank my chances because I come to Buy at 45k and now i have bought at 26k , these 2 situation had bring me advantage and I hope others will also see this chance and Buy more before the final climb happens sooner.

and to those who still scared to try buying>? then Never blame the market once it goes up soon and you will miss the accumulating opportunity .

Quote from: yhiaali3 on June 08, 2022, 12:09:42 PM

As always, people with weak hearts always regret it. They are afraid when the bitcoin drops and they sell immediately and then regret it. Now they are afraid to buy bitcoin at the 30k$ point, but they will regret it later as well. They may have to buy it for 40k$ or more and we will regret it at that time why They did not buy before, investment needs wisdom, patience and seizing good opportunities, and whoever does not do these things well will inevitably lose his investment. Those who believe in Bitcoin should not be afraid of falling but rather buy more with each drop.

and those are the people that need nothing to prove here because they will always seek for winning .

justdimin

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Quote from: 19Nov16 on June 07, 2022, 04:51:49 AM

November when the price of Bitcoin reaches nearly $ 70k, I'm sure I will not drop it anymore below $ 50k, but this is what happens, once again this proves that we must be realistic, better selling immediately when we have gotten a big profit, and who have not yet started Then the price of $ 30k is a very good start to get a big profit.

Why would you think that it would never reach under 50k? We know that the high prices do happen, but then we need to learn that the low ones happen at times as well. That may not be at all times, but it does happen here and there. So when the crash happened, of course it dropped under 50k, not only that but dropped under 30k as well.

This is the price you need to buy in order to profit when the next high happens. Maybe not all people will do it, but I guarantee you that all the people who will become rich during the next bull run, will be the people who ended up buying right now. Because it may fall like crazy, but it goes up like crazy as well.

yhiaali3

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As always, people with weak hearts always regret it. They are afraid when the bitcoin drops and they sell immediately and then regret it. Now they are afraid to buy bitcoin at the 30k$ point, but they will regret it later as well. They may have to buy it for 40k$ or more and we will regret it at that time why They did not buy before, investment needs wisdom, patience and seizing good opportunities, and whoever does not do these things well will inevitably lose his investment. Those who believe in Bitcoin should not be afraid of falling but rather buy more with each drop.

jostorres

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Quote from: coolcoinz on June 07, 2022, 06:44:23 AM

Quote from: 19Nov16 on June 07, 2022, 04:51:49 AM

November when the price of Bitcoin reaches nearly $ 70k, I'm sure I will not drop it anymore below $ 50k, but this is what happens, once again this proves that we must be realistic, better selling immediately when we have gotten a big profit, and who have not yet started Then the price of $ 30k is a very good start to get a big profit.

This is so naive. People thought they had achieved "big profit" when Bitcoin went from $100 to S1000 in 2013 but a few years later it was worth 20 times more. You either constantly move your money trying to catch every 5-10% move and make money this way or you hold and don't care about anything less than 100%.

We can not blame them because who would have thought that a new kind of currency will rise a price like that? If you are on their shoes I think you will also do the same or you already sold your btc's before those price ranges came. If you have invested a lot when btc is still close to zero and hodl all the way to 1k, that is really a big profit.

Catching 5 to 10 percent of profit is an act of trading. This is better for those who want to make sure they don't lose any opportunity even if it's small. There's also investing where we hodl and make money passively. Less than a hundred percent of profit, say 80 to 90 percent is still a nice amount. I would still grab it.

rodskee

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Quote from: 325btc on June 05, 2022, 05:54:30 AM

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .

it is because of greedy attitude in which always wanted to Buy lower price and earn biggest return but the problem is they don't know when is the perfect time or when is the lowest price to buy and when to sell.

but for me? i care nothing about them because like me , I have learn my lesson over the years and now understand that i need to risk sometime for me to grow my funds here in crypto market.

never become greedy or you will end up crying everytime there is a pump comes.

uneng

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Quote from: Questat on June 07, 2022, 05:16:39 PM

Quote from: coolcoinz on June 07, 2022, 06:44:23 AM

Quote from: 19Nov16 on June 07, 2022, 04:51:49 AM

November when the price of Bitcoin reaches nearly $ 70k, I'm sure I will not drop it anymore below $ 50k, but this is what happens, once again this proves that we must be realistic, better selling immediately when we have gotten a big profit, and who have not yet started Then the price of $ 30k is a very good start to get a big profit.

This is so naive. People thought they had achieved "big profit" when Bitcoin went from $100 to S1000 in 2013 but a few years later it was worth 20 times more. You either constantly move your money trying to catch every 5-10% move and make money this way or you hold and don't care about anything less than 100%.

Many people become reluctant when there is a market crash, some got worried thinking it drops more which makes them decide to sell their Bitcoin. Well, that was the difference between and short-term holder and a long-term holder every crash that the market been shown these short-term holders react immediately while these long-term holders just listen and observe the market trend.

From what I see, risk-takers will actually be making a huge profit compared to casual investors. They are always looking for a positive view and achievement of the market, not on daily changes.

Sometimes it's hard to be an investor, because you must be prepared for every scenarions, not only the bright bullish ones. A lot of confidence, patience and planning are needed, since we don't know for how long it will be necessary to hold our coins until profit can be made.

I believe there are two main reasons why people get so fearful and hysteric during bearish markets: they have invested money that will have to be used soon or they don't really trust bitcoin's potential. Once the individual trusts bitcoin and have the assurance it's going to rise again soon, he simply changes his mindset and start seeing things like you said in your post: in a positive way and focusing on the recent achievements of the market.

Topic: It goes same way people never learn btc 30k - page 2. (Read 736 times)