Topic: Opportunity to buy (Read 994 times)

Bitcoin's movements are still torn between moving up or moving down in significant ways. But nonetheless, the coin has a slow movement, and headed by bitcoin, it is an opportunity to accumulate more. I am continuing my DCA although I wonder if the price of bitcoin will ever return to $25k again. For this month I haven't purchased yet but I already have a buy order at $28,500 which might become a bust if bitcoin all of a sudden increases its value to $35k above.

I already sold most of my holdings before that is why I am starting from scratch once again. So even at this current low price, it is hard to believe how bitcoin continues to grow its value over the years.

If we pay attention to the price since the increase that occurred in March until now, it can be seen that the price has not fluctuated too much, so for almost 5 months there has been no significant movement, we as investors of course have to be able to read the opportunity that now is a good opportunity to buy more.

That's the primary element that you need when you enter the cryptocurrency market as a trader or an investor. If you lack patience, you will barely be able to keep the assets you've bought until the point where you will be getting some profit on top of what you've invested in them, and as you said, any bad news or FUD will have a negative effect on your mind because you don't have enough patience and self-control and you will start panicking very soon.

This market is basically for those who have a lot of patience and who don't believe in what they listen to or see but once they believe in something that they've done research on themselves, they wouldn't turn back no matter what the world says as long as they have their beliefs strong.

I don't think it has anything to do with eliminating bad habits by investing, eliminating bad habits really depends on ourselves, whether we can direct ourselves to good things or not, everything really depends on ourselves.
You are right when we choose to use part of your salary to invest in bitcoin, now it is very good to be able to collect as much as possible and we must still be able to control ourselves too by not forcing ourselves, don't use all that you have, it's good to use some of it that you have as you say.

and when is that time? I believe that this is today and not tomorrow , the value maintain its position at below 30k and that is a good chance in purchasing if we wanted to earn big in the coming Bullrun.
no wonder what others wanted to see? maybe some of them are expecting the price at least below 25k that for me is too deep to expect.
Bitcoin will never Fail us not like altcoin or best to call those shitcoins.

How many years of existing , 13 years now? and every 4 years we are seeing the increase and those who supports are earning multiple from their investments .

There is no such thing as starting an investment that is immediately profitable. If I read above you said "I want you to take the opportunity to buy and sell" well, clearly you are using a type of short-term trading technique, especially taking advantage of current conditions as much as possible and I think that is your right, no one forbids. So, in order to make money, you can start trading Bitcoin with a small nominal. Then increase the nominal money traded gradually when profits have increased as with the DCA concept.

But here, I'm sure you also know the concept of trading/investing BTC is a long pattern and it is done by a firm investor and has a maximum chance of making money.

Cryptocurrency is not suitable for short-term investment, man. If bitcoin and other cryptocurrencies are suitable for short-term investment, as you stated, then you are definitely at a high risk of losing what you have invested, and if you consider it like that, you will lose your money without even making a profit. For gold, I think it can be suitable for both short-term and long-term investments. The reason I said that is because you may likely buy gold now, and before a month you sell it and get your money back with even more profit.

But if we should really talk the truth, I don't think it will happen in cryptocurrency currency investment unless you buy a coin and before it takes the long time we are anticipating your target reach, then you can sell.

One of the right policies in rotating assets is most likely to choose to make Bitcoin the holder and inspiration for holding assets in the future, because generally this is very specific and causes the rotation to start when they start owning Bitcoin, and the opportunity to be honest repeatedly comes to them. when the market is correcting prices, and this is an opportunity that is used by every individual and even investors at the same time.


And those who are salaried think about sharing their finances, one of which is by saving a small difference from their salary to be used to make investments, even though they are doing it slowly, basically they will already have the results from the investment later, but they will also pay attention to the market as well as possible. maybe, the same is the case with other Investors.

Well, there are lots of opportunities especially when you want to turn your money into something beneficial using bitcoins for example, those people who give up buying alcohol and cigarettes to convert them to bitcoins were the most intelligent move you can do because you're not only turning the table of your finance but you also living a healthy life without risking your health with those bad habits. Others spend some of their salaries to buy bitcoins just in case it will gonna rise up again just like last time and they will also make lots of money from it turning their savings into a decent earning strategy in the long term investment.

Currently the bitcoin price is at around $29200USD. And the price hasn't changed much in recent days. So I personally decided to keep DCA at this level. In my previous reply I did DCA at level 24-25. and that was two months ago. And since then I didn't stop DCA even though the price reached above $30000USD. it's just that at level 30 I refrain from shopping a lot. I thin the capital dilevel it. but because currently the price looks sideways at the current figure, I consider that now is an opportunity for me to add a little extra capital to my DCA.

In essence I want to say that now is still a good opportunity to buy from my opinion. But I don't know what others think about the current price level. Dwyor

while you are correct that we need to buy and Hip now but there are no specification or perfect time when to buy , because for me and what I do believe is that Bitcoin price will skyrocket in not definite timing.
so the chance of earning is when you can afford to keep holding and to keep having it in mind that bull run is just in the corner waiting to break the silence .

There is no chance to buy bitcoins you can buy whenever you want, but if you want to make more profit you can buy when the price is low. Many people invest in Bitcoin and hold it for a long time but there are many people who are not motivated to buy Bitcoin rather they feel the risk. But if we invest in Bitcoin then it will definitely be profitable for us because the future of Bitcoin is near and its form is always changing. We all know that no matter how low the price of Bitcoin goes, it will rise again, so we should avoid everything and hold on to our Bitcoin investments with patience. as Bitcoin price is currently at a point where the next bull market will start and Bitcoin will reach a peak.

This is actually the best time to buy and if you missed bitcoin  when the price was $17k then this is another opportunity  to buy as we still have greater hope that it will skyrocket to a new all time high price.
I once wrote on a topic seeking to know the reason why most people aren't holding  and I came to find out that most of them aren't holding because of lack of money to buy and i also raised a poll where many also voted for lack of money and I strongly agree with them because judging from the economic situation  of my country where there is a strong hike in price of cost of living where people now struggle so hard to make ends meet, it will be very difficult for one to freely invest because most persons survive from hand to mouth.

So to everyone holding right now, I admire you guys and encourage you to keep holding and fir those who don't have now and wish to hold,  you should put more effort and dedication to hold.

That was what I usually did, it is just as simple as you said. and I never lose in bitcoin investment, I always make big profit in it. now is very good time to buy bitcoin, it will be good if I can accumulate as much as I can before bullish season start. but unfortunately my purchasing power is not as big as whales, now what I can do is waiting for my salary. it seems that I only have few months for preparation before halving happen.

I agree with your opinion, so indeed we have to collect as much btc as possible when the price of btc is declining, but of course in this case we must be vigilant because falling prices will be very difficult to predict where it will fall, and I think we also need to read the news the latest and others so that we can analyze them fundamentally and technically and so on.
but indeed buying btc when the price drops is a good thing as long as it has to be full of calculations and research.

The market is not control by day traders, rather the volume of trades by whales and companies controlled the general market in cryptocurrency. It's been a long time since I triggered a trade in the market, and it's high time to anticipate good entries on the project. Bitcoin swings a lot and is obviously an up and down movement; some traders become locked within while others know exactly how the project is manipulated and glitched. Everyone has an opinion about bitcoin, and it is during the bear season that we will be able to make good purchases of bitcoin and wait patiently for the bull season to arrive.

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We don't have control of the market and it is not possible for us to know where next the market is going to going with all confidence.
What we can do is for us to make guesses with some percentage of risk when making decisions. There are pwo6yhag are praying for the market to fall more so that they can buy low while others are hoping for the price of Bitcoin to go up still so that they can get some profits from there holdings and look for opportunity to buy low again.

There are different kind of people in the market and we need to understand that not everyone want the market to go bull.
There are people trading the market and have set there stop lose and take profits for different reasons. Let keep making our analysis with accuracy.

Indeed, current price if Bitcoin provides attractive opportunity to buy and hold Bitcoin on long term basis. The best way to buying Bitcoin with a fixed amount of dollars in intervals by employing Dollar Cost Averaging (DCA) strategy during substantial price drops. This is considered best approach as it allows investors to obtain a more favorable average price. By regularly buying Bitcoin with fixed amount of dollars, this strategy enables traders to achieve potential quicker profitability as market begins to recover.

That is why is not advisable to buy if the person is still young in the crypto market. I will advise those to trading instead of investment. Real investment need long time planning and goal. When you have plan for long term investment then every month or there about you can top the wallet whenever bitcoin price low and if it is bitcoin you are investing upon. You can but bitcoin at the rate or the price $25k today and tomorrow it might go down to $20k or $19k and that is where patient will come to play and this also where the op is talking about. So faith and patient will surpass every obstacle you might thinking at that moment.