Need more more to invest on crypto. - page 8.

indah rezqi

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Quote from: crwth on March 06, 2022, 10:18:23 AM

Quote from: indah rezqi on March 06, 2022, 09:56:31 AM

Your view is good in seeing opportunities in investing. When the desire exists, there must be a way to get money as capital to invest in Bitcoin. The price of $30K to $40K is still a good investment because Bitcoin can do things beyond our reach. It could be that this year the Bitcoin chart is at a price of $50K.

If we are going to base it on one indicator, like RSI, it's in oversold territory and it's probably going to stay like that for a while if it doesn't increase in demand in the coming days. I think it's always good to accumulate more of it and continue to be trusting in Bitcoin.

The factor is, if you can still say these things if Bitcoin has come down to a couple of thousand dollars?

If Bitcoin has decreased by thousands of dollars from $40K, I think I can still say that because Bitcoin has been or experienced a price below $30K. But I'm not sure if Bitcoin will be below $30K for the next few years. I'm more optimistic if Bitcoin will reach its highest price again. $50K the price Bitcoin will reach this year.

cryptomaniac_xxx

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To get a big profit from crypto investment, the most important thing is to dare to take decisions that may seem unpopular at the moment, most successful people don't care about what other people say and focus on their goals so that with clear focus and goals, we can get big profits.

So what goals will that be? take profit early or buy in dip and hold?

Maybe these 2 strategies are effective, but no that make things complicated, it's better to buy in the dip and hold at least this is the case for me. I don't have anything with short term traders, they know the risk and willing to gamble with it. But there could be traders that doesn't want to mix up, so they will simply HODL until such time that they think that will have to profits.

suzanne5223

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Quote from: Poker Player on March 06, 2022, 01:25:27 AM

Quote from: Scripture on March 05, 2022, 06:46:08 PM

IF OP was able to buy at this price and sold at $44k, he already made a good profit already in a short period of time. Buying at the bottom price is not bad at all, yes there’s a risk but as you can see Bitcoin always rise and its to accumulate more while the price is still cheap. Right now, because is trying to go back to $40k and if successful, you can expect to see more pump to come, if you have more to buy better to do it now.

It does not seem to me a good strategy with Bitcoin, because that would be playing roulette, and after all, why do it with Bitcoin? You can play roulette with a lot of assets, for example with a low-cap company. It is better to think long term, think about where Bitcoin will be in one or two cycles and then accumulate.

I think this is the major problem we have within the Bitcoin community, most people are into Bitcoin just for some short term profit and this is the reason why the institutional investors are dominating the market and it will be bad for the market in the future cause they will always bow to the government regulation that's against the liberation and the purpose of Bitcoin creation.

Quote from: Poker Player on March 06, 2022, 01:25:27 AM

Regarding what the OP says, I think good advice has been said, like trying to increase cash-flow and not to do like the Bitcoin family to sell everything to invest in Bitcoin (although they have done well so far), the only thing I would add is not to be so obsessed with investing and enjoy some of the money, after all you do not know if in two days a nuclerar bomb will be dropped on our heads.

No crypto safety investment advice support what the OP said but in the real world people get a loan to invest in an asset and it all went well for them. I don't see it as something bad if someone sold the thing she had to invest in Bitcoin if it is something she can bear with it or loan she has the capacity to pay.

Rufsilf

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Quote from: lombok on March 05, 2022, 06:41:25 PM

Quote from: doomloop on February 17, 2022, 04:38:31 AM

-snip-
you do not need to hold that money just because you think it was still small to invest but any amount would already do since that small amount can still grow huge as soon as btc starts pumping again. It is only hard to buy if your pressured to buy in a short duration of time and most especially if you do not have a money yet.

That's right, Bitcoin investment is a flexible investment. No matter how much money we have, we can invest in Bitcoin.
And I totally agree with your opinion, first determine the belief. Because Bitcoin investment does take time, it's the same as investing anywhere.

If indeed the OP hopes for a quick or short term investment in Bitcoin then trading is the solution, but if what is meant is investment for long term then it does take time to get big profits, and by accumulating when the Bitcoin price drops is the best way to invest in Bitcoin.

Yes, exactly! You cannot talk about cryptocurrency without even mentioning bitcoin as it's been the most famous among all cryptocurrency and been proven by time that it can really give you a competitive returns if your patient enough to wait. But like the OP said, he/she wanted a quick or short term investment then I recommend to try the leading altcoins like BNB, ETH, and ADA. And if that doesn't still work out for the OP then yes crypto trading will his best option for that, though it's much more risky.

Slow death

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I advise people to always be cautious when it comes to any investment, even if the person wants to invest in bitcoin and I need to be cautious and not take all the money and put it in bitcoin, it is necessary for the person to do a good technical analysis and define a good strategy of the points of purchase and values that you will use to buy at each point of purchase, you can't just go out buying without a strategy and take all the money you have and put it in bitcoin, this is a serious mistake. to OP hope my advice is helpful if you can read my post

Quote from: retreat on March 06, 2022, 10:10:57 AM

Quote from: sushil on February 15, 2022, 01:40:45 PM

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.

have you ever heard of making a loan to invest in bitcoin? although not so recommended but this method is the best for those who don't have cash but want to buy more Bitcoin during a bear market. until this march, the Bitcoin price has never touched below $30k so don't hesitate to buy Bitcoin while price below $35k.

in this case, the loan will only be advantageous if the person makes a loan in the real world and in Fiat and has to make a loan with a trusted relative who can understand in case the person is late in paying

Lucius

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Quote from: Poker Player on March 06, 2022, 01:25:27 AM

Regarding what the OP says, I think good advice has been said, like trying to increase cash-flow and not to do like the Bitcoin family to sell everything to invest in Bitcoin (although they have done well so far), the only thing I would add is not to be so obsessed with investing and enjoy some of the money, after all you do not know if in two days a nuclerar bomb will be dropped on our heads.

The Bitcoin family is history after all, because they took advantage of a moment that may never happen again - and that was the time when the price of 1 BTC was around $900 - in terms of profits, I think we concluded that something like this will probably not happen again.

The world we live in has become really unpredictable, and the saying "live every day as if it's your last" makes more and more sense. I’m not saying we shouldn’t invest wisely, but we should definitely enjoy life as well, and money still exists to be spent, no matter how much or little we have.

crwth

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Quote from: indah rezqi on March 06, 2022, 09:56:31 AM

Your view is good in seeing opportunities in investing. When the desire exists, there must be a way to get money as capital to invest in Bitcoin. The price of $30K to $40K is still a good investment because Bitcoin can do things beyond our reach. It could be that this year the Bitcoin chart is at a price of $50K.

If we are going to base it on one indicator, like RSI, it's in oversold territory and it's probably going to stay like that for a while if it doesn't increase in demand in the coming days. I think it's always good to accumulate more of it and continue to be trusting in Bitcoin.

The factor is, if you can still say these things if Bitcoin has come down to a couple of thousand dollars?

retreat

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Quote from: sushil on February 15, 2022, 01:40:45 PM

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.

have you ever heard of making a loan to invest in bitcoin? although not so recommended but this method is the best for those who don't have cash but want to buy more Bitcoin during a bear market. until this march, the Bitcoin price has never touched below $30k so don't hesitate to buy Bitcoin while price below $35k.

indah rezqi

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Your view is good in seeing opportunities in investing. When the desire exists, there must be a way to get money as capital to invest in Bitcoin. The price of $30K to $40K is still a good investment because Bitcoin can do things beyond our reach. It could be that this year the Bitcoin chart is at a price of $50K.

Ararbermas

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Quote from: sushil on February 15, 2022, 01:40:45 PM

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.

you don't need to hurry mate even market is showing progress already, because for your information you can add more in your investment when there's a fluctuation in the market (in trading it's called Swing strategy ) if however for you the amount of your investment isn't enough to become profitable in the future.

And i hope you already know this one before making a decisions to invest a big amount., i mean why it's very common suggestion especially in crypto investment. "invest what amount you can afford to lose " .

Doell

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Quote from: ?? on ??

Quote from: sushil on February 15, 2022, 01:40:45 PM

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.

I think, don't rush to buy just because the price is lower right now because bitcoin volatility is still high and there is no positive sentiment that can make the price go up significantly, even though it looks like it will rebound. You should consider your tolerance for risk and also think about your finances as a whole before you invest. Now might be the right opportunity for you to buy. If not, you might be better off waiting.

Should be at a price of 35K is not a very risky thing for investment to bitcoin, waiting for the moment at that price we can actually see it often in the last few weeks. And we can also often be lucky in the short term because the price often goes up to 40K, currently the support is 38K price range is seen on there.

Poker Player

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Quote from: Scripture on March 05, 2022, 06:46:08 PM

IF OP was able to buy at this price and sold at $44k, he already made a good profit already in a short period of time. Buying at the bottom price is not bad at all, yes there’s a risk but as you can see Bitcoin always rise and its to accumulate more while the price is still cheap. Right now, because is trying to go back to $40k and if successful, you can expect to see more pump to come, if you have more to buy better to do it now.

It does not seem to me a good strategy with Bitcoin, because that would be playing roulette, and after all, why do it with Bitcoin? You can play roulette with a lot of assets, for example with a low-cap company. It is better to think long term, think about where Bitcoin will be in one or two cycles and then accumulate.

Regarding what the OP says, I think good advice has been said, like trying to increase cash-flow and not to do like the Bitcoin family to sell everything to invest in Bitcoin (although they have done well so far), the only thing I would add is not to be so obsessed with investing and enjoy some of the money, after all you do not know if in two days a nuclerar bomb will be dropped on our heads.

adaseb

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If you are investing with savings it’s fine. Whatever you do don’t do the following.

1) Borrowing money to invest in Bitcoin. People were taking lines of credit to buy Bitcoin late last year and others were maxing out their credit cards. In a bull market it worked out however it will hurt you in sideways or bear markets.

2) Leverage trading. Basically sending your Bitcoin and using it as collateral to trade. Some exchanges give 100x leverage. So basically you can earn up to 100 x more but at the same time can get cleaned out much faster. Be very careful with leverage trading.

TravelMug

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Quote from: GreatArkansas on March 05, 2022, 07:37:19 PM

Quote from: Vaskiy on March 05, 2022, 06:59:17 PM

(.....)
With the ongoing war scenario people will surely have fear in their minds about the crypto market and will be in a dilemma whether to invest or not. Just think of the market once after the invasion, then it bounced back unexpected. Now once again it has fallen down to $40k and trying to have move above. How far this going to happen is still a mystery based on the war.

"When everyone is fear, a good time to be greed" This is sometimes a good idea. For me, this ongoing war does not affect crypto market calls or have negative effects, with these dumps for me is normal, it's like a reaction, small impact. It's not only on crypto but on other markets too.

With these dumps lately, it's much better compared to before when we are still below $20,000. The percentage of dumps before is really huge.

The drop back then was huge, (if I'm not mistaken, you are talking about the 2018 bear market).

But we will see, we are like in the 40% from our last all time high, and it's just March many things can happen if indeed we are in a bear market.

The dumps could be some reaction from the war, or someone really played it out, pumping as high as $45k and then selling off.

ethereumhunter

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Quote from: sushil on February 15, 2022, 01:40:45 PM

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.

Sell whatever you have to buy bitcoin. You can follow The Bitcoin Family stories Grin

Nah, kidding. I suggest you buy bitcoin in any money you have but do not force yourself to sell anything you have because that is too risky doing that. If you can earn some money weekly or monthly, you can use some portion such as 10%-20% of your income monthly and do that for a year or so. That makes sense reason for you to have an investment in bitcoin.

But if you have skills in trading, you have your way to earn more money plus you will have a chance to have more bitcoin. So which way you will choose? Only you can determine.

GreatArkansas

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Quote from: Vaskiy on March 05, 2022, 06:59:17 PM

(.....)
With the ongoing war scenario people will surely have fear in their minds about the crypto market and will be in a dilemma whether to invest or not. Just think of the market once after the invasion, then it bounced back unexpected. Now once again it has fallen down to $40k and trying to have move above. How far this going to happen is still a mystery based on the war.

"When everyone is fear, a good time to be greed" This is sometimes a good idea. For me, this ongoing war does not affect crypto market calls or have negative effects, with these dumps for me is normal, it's like a reaction, small impact. It's not only on crypto but on other markets too.

With these dumps lately, it's much better compared to before when we are still below $20,000. The percentage of dumps before is really huge.

Vaskiy

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Quote from: Scripture on March 05, 2022, 06:46:08 PM

Quote from: lombok on March 05, 2022, 06:41:25 PM

Quote from: doomloop on February 17, 2022, 04:38:31 AM

-snip-
you do not need to hold that money just because you think it was still small to invest but any amount would already do since that small amount can still grow huge as soon as btc starts pumping again. It is only hard to buy if your pressured to buy in a short duration of time and most especially if you do not have a money yet.

That's right, Bitcoin investment is a flexible investment. No matter how much money we have, we can invest in Bitcoin.
And I totally agree with your opinion, first determine the belief. Because Bitcoin investment does take time, it's the same as investing anywhere.

If indeed the OP hopes for a quick or short term investment in Bitcoin then trading is the solution, but if what is meant is investment for long term then it does take time to get big profits, and by accumulating when the Bitcoin price drops is the best way to invest in Bitcoin.

IF OP was able to buy at this price and sold at $44k, he already made a good profit already in a short period of time. Buying at the bottom price is not bad at all, yes there’s a risk but as you can see Bitcoin always rise and its to accumulate more while the price is still cheap. Right now, because is trying to go back to $40k and if successful, you can expect to see more pump to come, if you have more to buy better to do it now.

With the ongoing war scenario people will surely have fear in their minds about the crypto market and will be in a dilemma whether to invest or not. Just think of the market once after the invasion, then it bounced back unexpected. Now once again it has fallen down to $40k and trying to have move above. How far this going to happen is still a mystery based on the war.

Scripture

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Quote from: lombok on March 05, 2022, 06:41:25 PM

Quote from: doomloop on February 17, 2022, 04:38:31 AM

-snip-
you do not need to hold that money just because you think it was still small to invest but any amount would already do since that small amount can still grow huge as soon as btc starts pumping again. It is only hard to buy if your pressured to buy in a short duration of time and most especially if you do not have a money yet.

That's right, Bitcoin investment is a flexible investment. No matter how much money we have, we can invest in Bitcoin.
And I totally agree with your opinion, first determine the belief. Because Bitcoin investment does take time, it's the same as investing anywhere.

If indeed the OP hopes for a quick or short term investment in Bitcoin then trading is the solution, but if what is meant is investment for long term then it does take time to get big profits, and by accumulating when the Bitcoin price drops is the best way to invest in Bitcoin.

IF OP was able to buy at this price and sold at $44k, he already made a good profit already in a short period of time. Buying at the bottom price is not bad at all, yes there’s a risk but as you can see Bitcoin always rise and its to accumulate more while the price is still cheap. Right now, because is trying to go back to $40k and if successful, you can expect to see more pump to come, if you have more to buy better to do it now.

lombok

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Quote from: doomloop on February 17, 2022, 04:38:31 AM

-snip-
you do not need to hold that money just because you think it was still small to invest but any amount would already do since that small amount can still grow huge as soon as btc starts pumping again. It is only hard to buy if your pressured to buy in a short duration of time and most especially if you do not have a money yet.

That's right, Bitcoin investment is a flexible investment. No matter how much money we have, we can invest in Bitcoin.
And I totally agree with your opinion, first determine the belief. Because Bitcoin investment does take time, it's the same as investing anywhere.

If indeed the OP hopes for a quick or short term investment in Bitcoin then trading is the solution, but if what is meant is investment for long term then it does take time to get big profits, and by accumulating when the Bitcoin price drops is the best way to invest in Bitcoin.

doomloop

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Quote from: Slow death on February 16, 2022, 08:29:22 AM

that price drop was an excellent opportunity to buy, I didn't particularly have the money to buy in that fall, I waited to gather the money to buy and when I already had the money the price went up a lot and made me give up buying, I'm waiting for another opportunity like this one, I know that the chances are few, because whenever the price dropped for this zone, there were a lot of buyers, this shows that there is a great interest of people in buying at that price

Not really excellent because i think there are much better drops than this one. If you can saw last time the price was nearly going under 20k and that took for some time to recover. I wonder why it took you so long to earn money to miss that dip? are you working on a company and how long they pay you?

I think most company pay twice a month and you do not need to hold that money just because you think it was still small to invest but any amount would already do since that small amount can still grow huge as soon as btc starts pumping again. It is only hard to buy if your pressured to buy in a short duration of time and most especially if you do not have a money yet.

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