Opportunity to buy - page 4. | Bitcointalksearch.org

Iranus

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Quote from: KiaKia on June 03, 2023, 02:35:20 AM

Quote from: Iranus on June 02, 2023, 10:56:14 PM

Quote from: Godlovesyou on June 01, 2023, 12:02:30 PM

. I know some will kick against my tips but what's your reasons?

No one will go against your advice because what you say is absolutely true, but what I suspect is that many people won't do what they agree with you on. Many people are expecting a bull market this year, which shows they don't want to buy more or accumulate more bitcoin. So I don't believe they will continue to buy when the price drops further.
I have the same opinion as you and I also think that many people will disagree with my thinking. But as a long-term investor and will only sell my bitcoin when it hits $100k or more, I don't expect a bull market any time soon.

Expecting Bull market in 2023 is something that happens with new crypto beginners, and yes it will get to the point where they will lose their confidence in accumulating Bitcoin because of the instability value, but for someone who have been into crypto for the past eight years now they know that even when dips are happening that's the biggest discount price that could happen, a year to Bitcoin halving for that matter, so it's stupid to stop accumulating.

The bull run is coming but this bear market can make it through 2024 too, some people believe that once the halving takes place the value will start increasing instantly, but two halving events have proven that wrong in the past.

If you have no patience you will make costly mistakes, in 2018, many people that started accumulating in the bear market and they gave up in the pandemic period, because they got tired of holding, the same thing can happen, how determined you are is what will make you a winner.

You were right, not only were they wrong in expecting the bull season to come this year, but many were wrong in thinking that the bull season would come immediately upon the halving. I think history will repeat itself, I mean, a lot of people held until 2020 and started dumping because the bull season didn't come as they expected, they sold it all right before the bull season came. For those expecting bitcoin to increase in price in Q2 2024 immediately, chances are the same will happen again.

xSkylarx

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Quote from: Rengga Jati on June 03, 2023, 05:42:40 PM

Quote from: Texac on June 03, 2023, 11:45:31 AM

Quote from: ajochems on June 03, 2023, 08:34:55 AM

Gold is only suitable assets for the long term.The cryptocurrency are suitable one for long and short term investment.

If you think that cryptocurrencies, especially bitcoin, are suitable for short-term investment, then you are wrong, and with this mindset, you will soon have to accept losses with your investment.

Actually it is okay to consider Crypto as a short term investment, as long as they know the right ways and startegy tobalways take profits and avoid losses although the market can change very easily. Buy, I do agree that Bitcoin for long term is exactly very worthy, morroever if we have many Bitcoin to holdm

As long as you still know the risk and also always invest what you can afford to lose but again it is really proven that bitcoin in the long run is profitable but if you are not patient then holding is not good for you because it requires few years to profit and again the profit is huge mostly because of the ATH that is why a lot of people are holding Bitcoin

Dimitri94

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Quote from: Texac on June 03, 2023, 11:45:31 AM

Quote from: ajochems on June 03, 2023, 08:34:55 AM

Gold is only suitable assets for the long term.The cryptocurrency are suitable one for long and short term investment.

If you think that cryptocurrencies, especially bitcoin, are suitable for short-term investment, then you are wrong, and with this mindset, you will soon have to accept losses with your investment. No investment is short term, if any, then you are gambling, not investing. bitcoin or gold is no different, both will be profitable in the long run. if you are trading bitcoin and using leverage to make a profit in a short time, that is also gambling.

I agree with you. Just as the provability of profit is high in investing in Bitcoin, so there is a fear of loss. When an investor takes a decision to invest in the short term, he can fall in risk. However, long-term investment planning is very effective. Those who have been accumulating Bitcoins for a long time will benefit from Bitcoins after a certain period of time. An investor must focus on long term holdings. After investing in Bitcoin, the investor must avoid hearing all kinds of negative news or else he will fail for long term holding.

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Quote from: Rengga Jati on June 03, 2023, 05:42:40 PM

Quote from: Texac on June 03, 2023, 11:45:31 AM

If you think that cryptocurrencies, especially bitcoin, are suitable for short-term investment, then you are wrong, and with this mindset, you will soon have to accept losses with your investment.

Actually it is okay to consider Crypto as a short term investment, as long as they know the right ways and startegy tobalways take profits and avoid losses although the market can change very easily. Buy, I do agree that Bitcoin for long term is exactly very worthy, morroever if we have many Bitcoin to holdm

Having a lot of bitcoins to hold for the long term it will be very feasible, no one will doubt it as long as you hold Bitcoin as the main investment.
But if holding Altcoin and it continues to fall it will be a considerable risk to lose.
But if the top Altcoin is likely it will still recover after Bitcoin is bullish or the crypto market is bullish.

Long-term or short-term investment is equally good and also depends on how the strategy will be applied.
There is no need to panic to cut losses because it will clearly give losses, unless you really understand what you are doing.

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Quote from: Texac on June 03, 2023, 11:45:31 AM

Quote from: ajochems on June 03, 2023, 08:34:55 AM

Gold is only suitable assets for the long term.The cryptocurrency are suitable one for long and short term investment.

If you think that cryptocurrencies, especially bitcoin, are suitable for short-term investment, then you are wrong, and with this mindset, you will soon have to accept losses with your investment.

Actually it is okay to consider Crypto as a short term investment, as long as they know the right ways and startegy tobalways take profits and avoid losses although the market can change very easily. Buy, I do agree that Bitcoin for long term is exactly very worthy, morroever if we have many Bitcoin to holdm

Asuspawer09

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Quote from: Godlovesyou on June 01, 2023, 12:02:30 PM

This is a great deal of opportunity when the price of bitcoin keeps going down, I want you to seized the opportunity to buy and hip. We have no ideas what is currently happening to the market but all hope are not lost, bitcoin will take us for a surprise and I don't want to miss the chance or feel regrets not obtaining any amount of bitcoin. Even as bad as the price is, some people are still making cool money out of it, that's mean we never loss investment when you really understands the value of bitcoin. I know some will kick against my tips but what's your reasons?

I'm accumulating Bitcoin buying probably every 2 weeks when I get my salary since that's the only time I have enough money that I can buy Bitcoin, I'm starting to accumulate Bitcoin again when I sold my Bitcoin last bullrun I didn't think it was a bad decision since I earn a big amount of profit on it plus other altcoins, For sure it is always a good time to buy when the market price is down to compare when the market price of bitcoin is increasing because the amount of bitcoin you will get will decrease.

What I do is increase my buying when the market price continues to drop and then decrease my buying or keep it the same when the market price keeps on increasing, Using this strategy I can increase the profit I earn in the future instead of just buying the same amount of bitcoin randomly every month or week. But the most important part is to keep on holding until the right time to sell for profit. You could also just hold for a long time if you prefer but in my opinion, you should always take profit instead of being greedy waiting for the higher price after years and years.

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Quote from: ajochems on June 03, 2023, 08:34:55 AM

Gold is only suitable assets for the long term.The cryptocurrency are suitable one for long and short term investment.

If you think that cryptocurrencies, especially bitcoin, are suitable for short-term investment, then you are wrong, and with this mindset, you will soon have to accept losses with your investment. No investment is short term, if any, then you are gambling, not investing. bitcoin or gold is no different, both will be profitable in the long run. if you are trading bitcoin and using leverage to make a profit in a short time, that is also gambling.

Uruhara

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Quote from: S A KHAIR on June 03, 2023, 01:25:24 AM

Quote from: Uruhara on June 03, 2023, 12:15:43 AM

Quote from: Rengga Jati on June 02, 2023, 05:29:39 PM

Indeed, moreober when we are doing DCA in Bitcoin, everytime there is market correctiom, that is a great time to do DCA. This strategy can help us to add the accumulation of oir Bitcoin amount much worthier. Yeaj, because I am aware that I have not really much to invest in Bitcoin. So, doing DCA will be exactly worthy to do. Moreover with limited capital. It's always okay.

I am also quite consistent in doing DCA. Even though it's only with small scale purchases, when there is a correction in the market, that's when I get more excited and add to my purchases. I haven't invested much in bitcoin yet but I have a plan to keep increasing the amount as long as the market doesn't pass the 30k mark. and it's still circling in the current area.

But if it exceeds 30k, what will you do? And why don't you invest a lot in bitcoin while its price is still very low? Are you waiting for a bigger drop to buy? In my opinion, DCA is the right thing, but at this price is also the right time to buy it. If our target is the next bull season and we will only sell when bitcoin hits $100k, then this is the golden time to buy instead of waiting.

I intend to invest in a large amount of bitcoin. but I don't want to buy a large amount at once. I prefer to make consistent small purchases with the DCA strategy. So that my investment will continue to grow and get bigger every time I run my DCA.

I have 2 investments in Bitcoin. 1 for long term which exceeds 10 years and is part of my plan to have financial freedom in the future (for this one investment I will stay DCA even when bitcoin exceeds 30k).

and 1 other investment in Bitcoin which is also for long term. it's just that this one investment might be targeted for sale when the price exceeds the current ATH. or when bitcoin creates a new ATH (for this one my DCA will stop when the price exceeds 30k). I was also inspired by someone in this forum who also did something like this. I don't remember what the username is. but well I am motivated and trying to do the same. because I think it's pretty reasonable to me.

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Quote from: glendall on June 03, 2023, 06:23:12 AM

I agree with you about investing in bitcoin that will not disappear and decrease, but with the existing value it sometimes makes Owners panic if it continues to fall, in fact this is the risk we face when investing in crypto, but for newcomers it is a big disaster if you experience loss of the initial value they bought

for newcomers or beginners, you will definitely feel panic when the btc price drops, and usually for newcomers or beginners this is a natural thing, but what I know is the cause of panic because investing does not use money that is ready to be lost , so panic arises but for people who invest in btc with idle money, of course, they will be calm even if the btc price drops.
but of course, with panic, of course, this is normal because anyone certainly don't want to loses.

avp2306

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Quote from: ajochems on June 03, 2023, 08:34:55 AM

Now the price of bitcoin is half the price of all time high 68k dollars.So this is good time to inverse your money into the cryptocurrency as like we inverse on the other investment tool.Most of the people use gold as their asset to inverse their money and fail at the end.When the gold was invested,you can’t cash out immediately to get profit.Gold is only suitable assets for the long term.The cryptocurrency are suitable one for long and short term investment.

At the moment its good to try at this current rate but we cannot expect for any possible huge pump since mist provably that we can see bitcoin will play at pump and dump scheme scenario. But next year maybe we may have great chance to see another greatness on bitcoin since this is the time when halving came and mostly we can see the ATH reached by bitcoin if we base on last halving stats. For now I will be careful upon buying and just focus to gain from my daily trades.

ajochems

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Now the price of bitcoin is half the price of all time high 68k dollars.So this is good time to inverse your money into the cryptocurrency as like we inverse on the other investment tool.Most of the people use gold as their asset to inverse their money and fail at the end.When the gold was invested,you can’t cash out immediately to get profit.Gold is only suitable assets for the long term.The cryptocurrency are suitable one for long and short term investment.

michellee

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Quote from: retreat on June 03, 2023, 06:27:28 AM

This is a great opportunity to be able to buy Bitcoin at a low price before the price goes up during the halving. I personally would not pass up an opportunity like this to buy Bitcoin at a low price, maybe this will be my best decision in this year. Even though people say that the price of Bitcoin will fall again, I don't really care, because my target is not now, but the long term, so I don't really care about other people's opinions.

That is the desire of Bitcoiners who already understand the potential benefits they can get from investing in Bitcoin. And those of us who started investing in Bitcoin years ago will use this time to buy more before the price increases.

I'm also doing DCA and want to continue buying Bitcoin. Maybe later, I will think about it again when the price has returned to the $ 35k-$ 40k mark. Meanwhile, I'm still enjoying the current price action while placing a future trade, trying to make more profit.

And if the Bitcoin price drops further, I will buy it more because it's a golden opportunity we won't get in the future. So before things change, we must use the present moment to our advantage.

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Quote from: retreat on June 03, 2023, 06:27:28 AM

This is a great opportunity to be able to buy Bitcoin at a low price before the price goes up during the halving. I personally would not pass up an opportunity like this to buy Bitcoin at a low price, maybe this will be my best decision in this year. Even though people say that the price of Bitcoin will fall again, I don't really care, because my target is not now, but the long term, so I don't really care about other people's opinions.

There's no guarantee what people say will happen, so don't mind what they say and focus on your plan. I'll be like you, I'm still buying bitcoin every month regardless of the market. Even I bought some bitcoin when the price hit $29k in April but I am not worried because my target is the coming bull season. I will only sell when bitcoin hits $150k or more as long as it is profitable I will always buy bitcoin.

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Quote from: CageMabok on June 03, 2023, 06:49:33 AM

I don't see any reason for the value or price of Bitcoin at the moment, because in general the price of Bitcoin still looks the same as last month with no significant decline or significant increase. This means that the price of Bitcoin only moves between the range of $26K to $28K which until now this is still happening so I never think Bitcoin has decreased or increased because the price chart still looks the same.

And this is actually an opportunity for those who want to invest a lot in Bitcoin because investors can still buy Bitcoin under $30K even though the current price is not a bad price for Bitcoin but hopefully there will still be price improvements that might come much better than before.

Since the beginning of the year, bitcoin has a clear uptrend, this of course does not guarantee us that it will grow further, but I also do not see any prerequisites for a significant fall. You correctly noted that at the moment bitcoin is in a narrow range, during such a period it is very difficult to determine the further price movement. It is possible that during the summer the price will continue to move sideways with a slight decrease, but I do not expect a big drop, I assume that we have already passed the bottom.

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Quote from: Godlovesyou on June 01, 2023, 12:02:30 PM

This is a great deal of opportunity when the price of bitcoin keeps going down, I want you to seized the opportunity to buy and hip. We have no ideas what is currently happening to the market but all hope are not lost, bitcoin will take us for a surprise and I don't want to miss the chance or feel regrets not obtaining any amount of bitcoin. Even as bad as the price is, some people are still making cool money out of it, that's mean we never loss investment when you really understands the value of bitcoin. I know some will kick against my tips but what's your reasons?

I don't see any reason for the value or price of Bitcoin at the moment, because in general the price of Bitcoin still looks the same as last month with no significant decline or significant increase. This means that the price of Bitcoin only moves between the range of $26K to $28K which until now this is still happening so I never think Bitcoin has decreased or increased because the price chart still looks the same.

And this is actually an opportunity for those who want to invest a lot in Bitcoin because investors can still buy Bitcoin under $30K even though the current price is not a bad price for Bitcoin but hopefully there will still be price improvements that might come much better than before.

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Quote from: Iranus on June 02, 2023, 10:56:14 PM

Quote from: Godlovesyou on June 01, 2023, 12:02:30 PM

. I know some will kick against my tips but what's your reasons?

No one will go against your advice because what you say is absolutely true, but what I suspect is that many people won't do what they agree with you on. Many people are expecting a bull market this year, which shows they don't want to buy more or accumulate more bitcoin. So I don't believe they will continue to buy when the price drops further.
I have the same opinion as you and I also think that many people will disagree with my thinking. But as a long-term investor and will only sell my bitcoin when it hits $100k or more, I don't expect a bull market any time soon.

No one literally since we all have different ideas and thoughts on how we should start investing in this time of the year. We have different goals on how to handle the volatility of the crypto some would disagree since they might doing some quick flip from it but for a long term investment this is actually a good idea. But hitting $100k is a long way road it might take literally years before it reach the half of $100k. So in those year you probably need some alternative money so you won't use the investment you planned for a long term. I also planning to have this but maybe I'll sell few as a treat for myself.

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This is a great opportunity to be able to buy Bitcoin at a low price before the price goes up during the halving. I personally would not pass up an opportunity like this to buy Bitcoin at a low price, maybe this will be my best decision in this year. Even though people say that the price of Bitcoin will fall again, I don't really care, because my target is not now, but the long term, so I don't really care about other people's opinions.

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I agree with you about investing in bitcoin that will not disappear and decrease, but with the existing value it sometimes makes Owners panic if it continues to fall, in fact this is the risk we face when investing in crypto, but for newcomers it is a big disaster if you experience loss of the initial value they bought

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Quote from: Godlovesyou on June 01, 2023, 12:02:30 PM

This is a great deal of opportunity when the price of bitcoin keeps going down, I want you to seized the opportunity to buy and hip. We have no ideas what is currently happening to the market but all hope are not lost, bitcoin will take us for a surprise and I don't want to miss the chance or feel regrets not obtaining any amount of bitcoin. Even as bad as the price is, some people are still making cool money out of it, that's mean we never loss investment when you really understands the value of bitcoin. I know some will kick against my tips but what's your reasons?

Yeah investing in bitcoin can be good, but not in all investors, it is only fit to those who have a big patience and a spare money to use for investing, in crypto there are times that our patience will be measured specially in the time of bear season when you can see our investment from 1000$ fall down yo 10$ and you will started to loss hope and sell at loss because you are disappointed, so before investing be sure that your patience is more than enough it is very easy to invest but it is hard to hold.

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Quote from: Godlovesyou on June 01, 2023, 12:02:30 PM

This is a great deal of opportunity when the price of bitcoin keeps going down, I want you to seized the opportunity to buy and hip. We have no ideas what is currently happening to the market but all hope are not lost, bitcoin will take us for a surprise and I don't want to miss the chance or feel regrets not obtaining any amount of bitcoin.

Opportunity to buy yes, but not to sell if the hope and belief in the price will surprise someday.
The market is unpredictable where it will lead other than trying to get Bitcoin regularly based on the financial capabilities we have.
As long as it's still not anywhere near last year's high, it may still be a good opportunity to build Bitcoin holdings.

Quote from: Godlovesyou on June 01, 2023, 12:02:30 PM

Even as bad as the price is, some people are still making cool money out of it, that's mean we never loss investment when you really understands the value of bitcoin.

It's too narrow to think that Bitcoin is just making money.
Bitcoin is more than that if we understand it further.

Topic: Opportunity to buy - page 4. (Read 920 times)