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Topic: Need advice regarding buying - page 2. (Read 701 times)

full member
Activity: 1526
Merit: 111
Pepemo.vip
December 02, 2021, 09:45:19 AM
I think at the current market status right now, buying at below $60k is a good entry point if you want to accumulate more btc. If you want to hold it for a long term theres no problem buying at current price, if you believe in btc and its potential in the future then stay buying always at the dip and hold it but I still advise dont put all your money in one coin, alts also can give you enormous profit by just holding.   
as long as we are patient waiting it will pay off if we invest, buy under 60K, there are some altcoins that can make the main choice like ethereum or binance, or maybe we can use a small part of the capital to try our luck on new coins, so that it can increase our profits and also the security of our funds is healthier
hero member
Activity: 2548
Merit: 605
December 02, 2021, 09:19:33 AM
That is the same thing with me, I have not been buying for now ‘cause I feel that the price in the market has been really high. So, I’ve been relying on my investments that I have done earlier , and I’m looking forward to the market still increasing from here. But, if it doesn’t and the market happens to go down further, then I might be investing again in it,  and then I would continue to hold until the next bull run takes place.

So, my advice would be that you calm down a bit, and wait for a better time when the market will be in a good condition before you start investing. There’s really no need for you to be rushing it right now, there will still be a lot of opportunities to get in, in the future.
hero member
Activity: 2492
Merit: 542
December 02, 2021, 03:13:33 AM
I think at the current market status right now, buying at below $60k is a good entry point if you want to accumulate more btc. If you want to hold it for a long term theres no problem buying at current price, if you believe in btc and its potential in the future then stay buying always at the dip and hold it but I still advise dont put all your money in one coin, alts also can give you enormous profit by just holding.   
sr. member
Activity: 868
Merit: 256
December 02, 2021, 02:31:46 AM
Don't you buy on that price you're saying, because this time we reached corrections and the price goes below $60k. That's a good opportunity to take actions right now, while it doesn't fall below $50k and there's really a big chances to recover and touch $60k once again.
Bitcoin had proven a lot of times, and I can't afford to lose all over again just like the old days I made my mistakes.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
December 01, 2021, 08:48:17 PM
If I have millions of fiat stack in my home, I will be cost average buying any BTC I get my hands on, I wouldn't pity any sats I set my eyes I find my eyes on sell order but the problem right now is that I'm the opposite of what I just said, that's why I will opt-in for Altcoins with great potential of break boundaries and not some shitcoins that will forever remain in one place no matter the amount of marketing input.
Bitcoin has prove to be the best inflation hedge despite the volatility.
You are right, Bitcoin is the best option you have to combat inflation, even in countries like Venezuela some banks for the year 2022 are thinking of granting credits using Bitcoin, it is the last I know and it is not official yet, but still , the banks and the entire financial system would have an incredible improvement, because it would be like in El Salvador, I imagine that they will also have the option of creating a wallet under which the BTC fees are free, and possibly they can use LN which is the most logical I believe that it is the only way that the country can get ahead, even knowing that the banks will keep their hard hand under the debt.
member
Activity: 283
Merit: 10
December 01, 2021, 11:19:49 AM
I recommend follow only one top trader and follow all advise and learn must about crypto because everyone have different decision some advise Trend is your friend so buying according to trend and buy in different part so we can get a great return in short term
hero member
Activity: 2828
Merit: 611
November 28, 2021, 12:21:30 PM
I really thing that it is the for buying in the near future BTC will go as up as it can and will cross its previous own ATH, so, this is just my prediction and the news I had seen own different websites about bitcoin. You can also analyze the coin by checking on different websites, So, bitcoin will also go up in the near future. Stay tuned and wait for it.
Have you seen the trend on Twitter lately? People were saying – buy the dip –they are being positive about the market going up again. I think such a trend being on the top would motivate a lot of people to start buying Bitcoin right now, and I am feeling now is a perfect time for anyone to just buy and hold their asset tight.

Or if you have already invested in the market before and you have not sold your coins yet, then it would be good to just keep on holding for now till the year is over. The year is not yet over, so there is still a big chance that the market would run up one more time, and we should all be ready and waiting for that to happen. Those that doesn’t gather their assets early would regret missing the action.
legendary
Activity: 2128
Merit: 1775
November 28, 2021, 11:17:50 AM
What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?
I remember the Bitcoin trading phenomenon in 2017, thousands of people got lost, thousands of people suffered losses, not a few people experienced stress ATH spiked at the end of 2017, The phenomenon remembers me like today, it's hard to guess, what will happen next Bitcoin knows 2022, I wondered to myself (will something similar happen again).

OP, crypto is currently a little difficult to tell you to buy or patiently wait for the development of the crypto market, it will backfire for yourself, only one thing i can say, be patient and see market developments in mid december, come in january, take the decision to continue.
member
Activity: 700
Merit: 10
November 28, 2021, 10:45:55 AM
I really thing that it is the for buying in the near future BTC will go as up as it can and will cross its previous own ATH, so, this is just my prediction and the news I had seen own different websites about bitcoin. You can also analyze the coin by checking on different websites, So, bitcoin will also go up in the near future. Stay tuned and wait for it.
at the end of the year it is predicted that bitcoin will reach a new ath, it is seen that it has a great opportunity considering that until now the price correction has occurred normally and has risen again. With the psychological encouragement of traders who believe in the rise of the crypto market at the end of each year and the news that supports it, it opens up opportunities to again form new peaks.
full member
Activity: 826
Merit: 135
Tontogether | Save Smart & Win Big
November 28, 2021, 10:06:00 AM
I really thing that it is the for buying in the near future BTC will go as up as it can and will cross its previous own ATH, so, this is just my prediction and the news I had seen own different websites about bitcoin. You can also analyze the coin by checking on different websites, So, bitcoin will also go up in the near future. Stay tuned and wait for it.
member
Activity: 728
Merit: 12
November 28, 2021, 09:43:41 AM
Apart from Bitcoin you can buy other crypto from Altcoins. Precisely with cheaper altcoin prices and altcoins also often experience market trends. It is suitable for day trading which will give you profit without a long time. Both have their own pluses and minuses between Bitcoin and Altcoins. Bitcoin itself will usually take longer when you invest here, but the profit you get is also getting bigger. So think carefully before you start trading. See the value of the advantages and disadvantages of these coins, lest you be fooled by useless Shitcoins.
sr. member
Activity: 1666
Merit: 268
November 28, 2021, 02:57:16 AM
Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».


Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !



The price value of Bitcoin at the moment was below 80k$ it was in between 54-58k$ something, in which I think it is a good chance to buy then hold were it depends on you if it is long or short term holdings something like that. It is also good to know if you fully understand now what really bitcoin is all about.

Bitcoin is currently still at $54k and no sign of going up yet, I agree buying Bitcoin at the current price is a good decision. Because Bitcoin probably
won't drop below $50k, it means that if we decide to buy Bitcoin below $60k, it's cheap. Then I suggest holding Bitcoin for the long term  rather
than holding short term, because if we study Bitcoin properly, we will find out the longer the holding of Bitcoin, the greater the profit generated.
But back to ourselves is more comfortable holding short term or long term, sometimes everyone has a different choice. So just do what
we feel comfortable with, and don't make decisions based on other people's opinions.
full member
Activity: 1190
Merit: 111
November 28, 2021, 02:20:16 AM
Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».


Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !




The price value of Bitcoin at the moment was below 80k$ it was in between 54-58k$ something, in which I think it is a good chance to buy then hold were it depends on you if it is long or short term holdings something like that. It is also good to know if you fully understand now what really bitcoin is all about.
jr. member
Activity: 140
Merit: 2
November 27, 2021, 11:58:32 AM
I advise you to try this action on a demo account before doing anything. As for me, this is a pretty correct option for work now.
copper member
Activity: 770
Merit: 1
November 27, 2021, 11:38:07 AM
Before buying any cryptocurrency you should work on every aspect of particular asset. I personally search that coin should be at their lowest price you will get bumper profit, second is you should know what is their future plans that's can maximize your return. One very important aspect is that in crypto you can't be sure every time so put money into trade that you can afford to loose.
legendary
Activity: 2338
Merit: 1084
zknodes.org
November 26, 2021, 11:49:53 AM
I can’t really understand where the market is heading to at this time. Usually when the market has gotten to a new all time high price like this, and something that is really as high as what you have seen now, it will start going down later on. But this year has been kind of different, the market has been maintaining the $60,000 price rate and doesn't seem like it's coming down anytime soon.

Though sometimes we do see some bearish trends, like as of recent the market has been down to around $50,000 range, and we can tell what’s going to be the next move from there, whether it will continue going down or go back up again. So, I have not been investing anymore money as of now, I’ve just been holding the ones I have, even though I’ve taken profit at a point. But, I think now would be a good time for you to just take a break and wait, Since you said that you have already invested some money.
The bearish trend that is currently happening in bitcoin is certainly an area for bitcoin consolidation. bitcoin is able to hold in the $55k area and is still safe if the support does not break.
Currently, we have to wait for market certainty because Bitcoin is still quite volatile.
i entered in several altcoins that had a drastic drop when bitcoin dumped and took some profits.
We all hope Bitcoin is able to hit a new ATH again this year.
member
Activity: 798
Merit: 34
November 24, 2021, 03:46:55 AM
#99
Before buying any coin get to know about the coin and understand how the coin works this the most important thing so you will be able to manage it. Get to know which particular coin can the amount of money you have go fall, get to know when is the best time the amount of money which you have if its the right time to buy a coin.
hero member
Activity: 1666
Merit: 723
Enjoy 500% bonus + 70 FS
November 23, 2021, 04:51:25 PM
#98
You are looking in 1 Bitcoin over 21 million of it or right now I think 18m in circulation. You might want to look at the other side of it by satoshis.
Waiting might get you in trouble of missing out on the boat and then regretting it in the long run. I think most users here do feel that and some even made a thread about it.
Now, if you really know where the market will flow, you can wait. If you think the price will still move down at a substantial amount then go wait for it.
But if you don't have any idea about it then just buy and let the future decide where it will go which IMO will go north.
i think i can bide on your opinion, because a thing of this nature have stated by me in these by in different explanation dimensions, bitcoin is a currency that follows the market regulations not by man made regulations, so to get any currency via investment. You don't have to wait till the time frame of it's time to come down before purchasing, at this point in time, bitcoin can either go up or down, and irrespective the market fluctuations no one can get lost for bitcoin investment, the best option for it's investment is for invest on it for a period of time.


legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
November 23, 2021, 01:58:10 PM
#97
I can’t really understand where the market is heading to at this time. Usually when the market has gotten to a new all time high price like this, and something that is really as high as what you have seen now, it will start going down later on. But this year has been kind of different, the market has been maintaining the $60,000 price rate and doesn't seem like it's coming down anytime soon.

Though sometimes we do see some bearish trends, like as of recent the market has been down to around $50,000 range, and we can tell what’s going to be the next move from there, whether it will continue going down or go back up again. So, I have not been investing anymore money as of now, I’ve just been holding the ones I have, even though I’ve taken profit at a point. But, I think now would be a good time for you to just take a break and wait, Since you said that you have already invested some money.
legendary
Activity: 3094
Merit: 1127
November 22, 2021, 05:15:49 PM
#96
Now I don't buy anymore. I bought during the recent drop to 35 k, it was still a good chance, as for me.
But for me there is no way bitcoin can go down again to $35k during this decline, I know the correction now is quite deep but it won't be as severe as I imagined, of course the bounce can definitely come back again and we now only see it as a holiday season where many people need a lot of money.

I'm also a little patient to keep watching and analyzing when to buy at the right time during this decline, if it happened at $35k of course I would put my net.
That to believe that Investing Bitcoin or any coins during the bearish season is absolutely a good idea but the market has never seen it back like that again. I mean, we are still in bullish season, we might wait years to see it in bearish for that we take advantage of every price correction than to wait for the huge dump.
Most of our speculation the market went high until the end of this year. if we have the courage or guts to invest at the current price, it's up to you but if you're not, better to keep it and just wait. It is soon to come, just in needs patient but we don't have to expect too much.
The correction still continues and bitcoin even go down lower today. So i think this is another opportunity to buy bitcoin because its current price is already $56,231 and it may even go deeper in the next couple of days. Although we can't say that we are already bearish but considering the lower price of bitcoin today, its definitely a good time buy.

However, for those who have no plans of buying more, just hold your coins patiently. Eventually, the market will recover soon and we will see new ATH again not just for bitcoin, but even for good altcoins.
DCA you would say but this is something that cant really be done easily by anybody even if they do have the money which they could invest on.Therefore, it would still end up on mattering out risk management factor or level on a certain individual when it comes to this because not anytime we could really make out some consideration when it comes to these kind of situations.Some might
really buy in on gradual basis and some would just simply wait until the market had made out some possible bottom scenarios or conditions thats why buying is not really that simple
as it sounds kind of situation.
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