miss out on bitcoin past low price? it's fine, if you miss out now you to blame

magneto

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Quote from: Onuohakk on November 26, 2018, 05:09:08 AM

Don't get me wrong am not a fortune teller nor am I a future predictor. Am just an investor that believes in long term investment. I did get to miss out on the suppose glory days of bitcoin using last year as example when the price started the year at around $700 and by November reach a height of $20,000 I am not blaming my self or am I regretting it

  A lot of factors prevented me from investing as at that time and I don't believe that there is a wrong time to invest except possibly when the price reaches above $50,000.
   the price of late are dropping are again at the close of the year 2018 and this is causing panic amongst investors and possible future investors critics has even predicted the drop trend to go on for a while and bitcoin will not recover soon.

   But I see this situation as an opportunity to purchase extra bitcoin. Business is all about calculated risk you don't just move with news alone the could be sponsored shilling or FUD bitcoin is over nine years now and has created a good level of establishment.

If you had missed out on bitcoin previously it's fine. If you miss out now then blame yourself

I think that your analysis is pretty much spot on.

Prices are extremely low in the BTC markets at the moment, yet it seems like that institutional interest is not waning. As a result, I believe that there is a real long term accumulation opportunity, if you do believe in bitcoin's adoption going up in the future which I believe is highly likely.

It's however completely possible, if not likely that prices in the short term continues to dip and drop below support levels, as investor sentiment right now is still negative overall. If you do decide to accumulate right now, make sure that you are able to be comfortably be holding BTC for at least another few years. Don't view this as short term gains, but rather an entry point that is sufficiently low in the long term scheme of things that it is worth buying up on.

Barbarian

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This is true, but you can be sure that all of those people that know about bitcoin and have the possibility to invest in it are going to find an excuse to not do it and then when the price finally begins to skyrocket they are going to try to blame anyone but themselves about their decisions.

jimbo2000

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Quote from: sjefdeklerk on December 03, 2018, 12:04:22 PM

Quote from: Onuohakk on November 26, 2018, 05:09:08 AM

Don't get me wrong am not a fortune teller nor am I a future predictor. Am just an investor that believes in long term investment. I did get to miss out on the suppose glory days of bitcoin using last year as example when the price started the year at around $700

Dont worry, soon you'll be able to buy at $700 again mate

Or soon bitcoin will go bullish again and all your shorts will get torn to pieces and you can go back to your bear cave and hibernate until the next time you get to come out and claim that the end is near. Who knows which will be true. As Onuohakk said, he's not a fortune teller, neither am I and more pertinently nor are you.

sjefdeklerk

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Quote from: Onuohakk on November 26, 2018, 05:09:08 AM

Don't get me wrong am not a fortune teller nor am I a future predictor. Am just an investor that believes in long term investment. I did get to miss out on the suppose glory days of bitcoin using last year as example when the price started the year at around $700

Dont worry, soon you'll be able to buy at $700 again mate

Crypdon

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There are entry points available throughout the year with this one more favourable than any in the last 12 months. Anyone who misses the boat this time will regret it for a long time

jimbo2000

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Quote from: BrewMaster on December 01, 2018, 11:03:35 AM

Quote from: jimbo2000 on December 01, 2018, 07:11:32 AM

...
You cannot continue to expect the market to grow at the same rate, eventually there is a bottleneck in the amount of funds that can come in to bitcoin. You're pricing it against something else and there is not unlimited USD to spare for the bitcoin market. I'll bet bitcoin never goes on another 100x run bottom to top.

it is about adoption, and as long as adoption is increasing the price will continue to increase with it. sometimes there are periods of time when this rise is faster because of being hyped up which would cause downtrends like this. but it will continue to go up.
that is unless you think adoption has stopped and there would be no more of it? in which case you must explain why you think that where the best speculation says less than 1% of the world has adopted bitcoin.

Quote from: BitFinnese on December 01, 2018, 01:07:32 PM

True but statistics can speak about the future price of Bitcoin. If Bitcoin will be adopted by every country and the popularity reaches even the farthest of the rural areas, then that 100x run is simply nothing. I am talking about the percentage of the world population to the current percentage of adoption of Bitcoin.

It is really an opportunity to buy Bitcoin at a very low price, this might be another chance to grab it else, they will need another crash to get in. If Bitcoin recovers and skyrocket, I bet it will take sometime to see this floor again.

I did not say that bitcoin could not go 100x ever again, I understand we are at a very small level of adoption and that in time if that increase the price will inevitably do so as well. The point I made is that we won't have another 100x bull run, if the price is to go in to the hundreds of thousands of dollars it's going to take a long time and multiple different bull runs because the adoption you both speak of won't happen overnight.

maydna

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So we should use this time to buy as much bitcoin as we can, but we should know how much money we need to use to buy bitcoin. We don't have to buy bitcoin with all of our money because we still need that money to buy something in our real life. Only people who can know how much he needs to invest in bitcoin that will get a big profit later and we should know about this so both our real life and the investment can work together and we don't have any problem in the future. But before we buy bitcoin, we need to learn and do research, so we know what we want to do with the bitcoin.

Gargo

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Quote from: Kimi80 on December 02, 2018, 06:53:00 PM

The price has already been very high, why something like that wouldn't happen again. Looking from this angle this could be good opportunity for investing in bitcoin. I just don't know if we could get better price if we wait a bit longer or this is the moment for getting more of coins.

Unfortunately, nobody is able to answer this question at this moment. However, observing what is happening, I think it is a good moment to start buying small amounts and create an extensive portfolio. If prices go even further down - buy more, if they start to grow - also buy. Sooner or later the whole market will start to grow and next bull run will come. Wink

Kimi80

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The price has already been very high, why something like that wouldn't happen again. Looking from this angle this could be good opportunity for investing in bitcoin. I just don't know if we could get better price if we wait a bit longer or this is the moment for getting more of coins.

Febo

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Quote from: Onuohakk on November 26, 2018, 05:09:08 AM

Don't get me wrong am not a fortune teller nor am I a future predictor. Am just an investor that believes in long term investment. I did get to miss out on the suppose glory days of bitcoin using last year as example when the price started the year at around $700 and by November reach a height of $20,000 I am not blaming my self or am I regretting it

A lot of factors prevented me from investing as at that time and I don't believe that there is a wrong time to invest except possibly when the price reaches above $50,000.
the price of late are dropping are again at the close of the year 2018 and this is causing panic amongst investors and possible future investors critics has even predicted the drop trend to go on for a while and bitcoin will not recover soon.

But I see this situation as an opportunity to purchase extra bitcoin. Business is all about calculated risk you don't just move with news alone the could be sponsored shilling or FUD bitcoin is over nine years now and has created a good level of establishment.

If you had missed out on bitcoin previously it's fine. If you miss out now then blame yourself

What is left of 2018 and the 2019 are perfect time to buy as much bitcoin as anyone an afford. In 2020 will be way trickier to get cheap Bitcoin anymore.

khufuking

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Everyone that believes in Crypto and is in it for the long term will see any big dip as a new opportunity to increase their bags, the last huge dip is a great chance for people who missed the train before, currently, almost all big coins are in a very good price for buying and of course on the head of them is Bitcoin, at the moment I try my best to use any funds I have and can spare to buy in certain coins mainly BTC plus 3 others, whether the market will go further down or turn up I really do not care, I just do not want to regret buying at this current prices.

moneyangel

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Quote from: Hivalley on November 26, 2018, 06:07:48 AM

Do not forget that so many people also bought when bitcoin was priced at 20k Dollars, and such individuals are currently at a fix at the moment,you cannot really complain about not investing when you claim you ought to...

If those people who bought bitcoin at the peak had not sold their bitcoin was down 50% then possibly they will hold until it bounce back to $10k for lesser losses. Waiting to reach back to all time high is far to happen with our current scenario...only time can tell. Anyway it depends how we mange our investment and knowledge is most important.

The Sceptical Chymist

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I tend to agree with this, since I don't think the long-term bull market in bitcoin is over, i.e., it's going to go much higher than it is now eventually. I'm not a fortune tell either, but I happen to not think this serious dippage we've seen is a dead-cat bounce and that we're headed toward a ridiculously low price like $200.

Lots of people were not super early adopters and didn't buy a pizza for 10,000BTC, but I think it's certainly true that one is still able to make money with bitcoin--just not as easily as it was in the first two years of bitcoin's existence. But we could get big price spikes like 2013 and 2017 again, so if that happens (and I'm fairly sure it will), you'll regret that you didn't buy bitcoin while it was on sale in 2018 at $4000.

Why is it that whenever I see opportunities like this I'm always out of cash? The same goddamn thing happened in 2009 when I was 99% sure that the Dow Industrial Average was going to rebound from the insanely low number it dropped to (something like 6000 if I'm not mistaken, and I'm too lazy to check right now). For those of you who do have some extra cash to invest, I'd say go for it now before bitcoin starts heading higher.

BitcoinHodler

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HODLing is an art, not just a word...

unfortunately for them, newcomers rarely listen to these things. they prefer believing in the FUD. i have seen it many times in the past. each time we have a dip they run away scared because the media is filled with spamming FUD.
and the worst part of it has always been the fact that they do come back but they come back late and FOMO buy which causes a big price surge that has never been a good thing.

Inkdatar

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Well, for those who missed out to buy at low price I think this is still good catch to have some btc. Price were really volatile and hard to determined if at this point is the bottom price. So the current price is still good chance to buy btc since I had no doubt btc can bounce it’s price.

Lanatsa

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Quote from: Onuohakk on November 26, 2018, 05:09:08 AM

If you had missed out on bitcoin previously it's fine. If you miss out now then blame yourself

For those who do just sit on this crypto world will surely still hesitate on this kind of situation where price of BTC do really
drops on big percentage but even into those veterans on this crypto world would still having that doubt.Why? because we
wont know if this is already the bottom but somehow with this price we can really say it is already a good point to set ourselves in.

Capt00

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Quote from: BrewMaster on December 01, 2018, 11:03:35 AM

Quote from: jimbo2000 on December 01, 2018, 07:11:32 AM

...
You cannot continue to expect the market to grow at the same rate, eventually there is a bottleneck in the amount of funds that can come in to bitcoin. You're pricing it against something else and there is not unlimited USD to spare for the bitcoin market. I'll bet bitcoin never goes on another 100x run bottom to top.

it is about adoption, and as long as adoption is increasing the price will continue to increase with it. sometimes there are periods of time when this rise is faster because of being hyped up which would cause downtrends like this. but it will continue to go up.
that is unless you think adoption has stopped and there would be no more of it? in which case you must explain why you think that where the best speculation says less than 1% of the world has adopted bitcoin.

Yes, probably you are right, Bitcoin will continue rising up due people's adoptions. Many people adopt now on this technology because of profit so it is impossible to happen that it will fastest drag down and become worst downtrend.
Blaming in your self on investing makes you depressed when the market was in a nose downtrend you can relax for a while and wait for the exact time to get your profit. I believed there's a huge profit in holding long term.

BitFinnese

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Quote from: jimbo2000 on December 01, 2018, 07:11:32 AM

You cannot continue to expect the market to grow at the same rate, eventually there is a bottleneck in the amount of funds that can come in to bitcoin. You're pricing it against something else and there is not unlimited USD to spare for the bitcoin market. I'll bet bitcoin never goes on another 100x run bottom to top.

True but statistics can speak about the future price of Bitcoin. If Bitcoin will be adopted by every country and the popularity reaches even the farthest of the rural areas, then that 100x run is simply nothing. I am talking about the percentage of the world population to the current percentage of adoption of Bitcoin.

It is really an opportunity to buy Bitcoin at a very low price, this might be another chance to grab it else, they will need another crash to get in. If Bitcoin recovers and skyrocket, I bet it will take sometime to see this floor again.

BrewMaster

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Quote from: jimbo2000 on December 01, 2018, 07:11:32 AM

...
You cannot continue to expect the market to grow at the same rate, eventually there is a bottleneck in the amount of funds that can come in to bitcoin. You're pricing it against something else and there is not unlimited USD to spare for the bitcoin market. I'll bet bitcoin never goes on another 100x run bottom to top.

it is about adoption, and as long as adoption is increasing the price will continue to increase with it. sometimes there are periods of time when this rise is faster because of being hyped up which would cause downtrends like this. but it will continue to go up.
that is unless you think adoption has stopped and there would be no more of it? in which case you must explain why you think that where the best speculation says less than 1% of the world has adopted bitcoin.

jimbo2000

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Quote from: thecodebear on November 30, 2018, 04:35:04 PM

Quote from: exstasie on November 30, 2018, 02:37:27 PM

Quote from: el kaka22 on November 28, 2018, 01:41:30 AM

Moreover right now, even with this fall a small investor could get maybe 1 or 2 bitcoins at most (after that you are not a "small" investor) and even if the price goes ten times this amount you will be getting 40-80 thousand dollar profit. Now don't get me wrong if I am paid anything above 10 thousand dollars profit, I would be delighted but being delighted and being rich are different things.

Well there's your problem. A measly 10x? Where's your ambition? Wink

Let's take a look at the last go round, from 2015-2017. Based on Bitstamp prices, we saw a low of $152 in 2015 and a high of $19,666 in 2017. From bottom to top, that's 129x.

I'm not saying everyone can buy the bottom and sell the top, but nobody in their right mind should be settling for 10x in a Bitcoin bubble. There's no way we're topping out at $30-40K on the next run, not if history is any indication!

Agreed. Anyone buying now should be looking for at least 20x on the next bull run. I'd call 20x "safe", I think the peak might be more like 30-40x ($100k+) if the bottom is already in. A 10x would be like the bull run is just starting to heat up. That'd be like selling during the May 2017 run when it topped out at $3000 thinking that was all it was gonna do.

You cannot continue to expect the market to grow at the same rate, eventually there is a bottleneck in the amount of funds that can come in to bitcoin. You're pricing it against something else and there is not unlimited USD to spare for the bitcoin market. I'll bet bitcoin never goes on another 100x run bottom to top.

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