Opportunity to buy - page 5. | Bitcointalksearch.org

KiaKia

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Quote from: Iranus on June 02, 2023, 09:56:14 PM

Quote from: Godlovesyou on June 01, 2023, 11:02:30 AM

. 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.

irhact

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Quote from: Onset on June 01, 2023, 04:22:26 PM

If there’s something I hate.. it’s that nowadays it’s all about making money out of BTC and nothing else. Too many people focus on this instead of focusing on what BTC can do.. I think the freedom it gives us is so much more important and generates so much more happiness overall. You’re more free with Bitcoin. When you forget about the buck you make with it and focus on the free part instead, you’ll be so much more satisfied with yourself.

Many new investors picking interest in investing in Bitcoin is because they know the profits they can make from investing in Bitcoin and those talking about Bitcoin are always focused on the profits. Nobody is talking about the different ways which bitcoin can be used for transactions that'll bring trust into the business. They'll just wanting for the bull season so they can invest and make profits.

It was the earlier investors that invested when Bitcoin wasn't mainstream yet that did it because they believe in what Bitcoin can be used for in the future. Today investors only want quick and free money which why they're getting scammed everyday by fake projects.

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Quote from: Uruhara on June 02, 2023, 11:15:43 PM

Quote from: Rengga Jati on June 02, 2023, 04:29:39 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.

Uruhara

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Quote from: Rengga Jati on June 02, 2023, 04:29:39 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.

raidarksword

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DCA is my advice as always hence we cannot predict the market, it's the best strategy and most effective of them all and of course bear market is the golden opportunity as well to buy bitcoin and other altcoins that are promising. Never doubt bitcoin despite all the FUDs we have right now, the more FUD the better to stack up bitcoin and altcoins because this is the only time to buy cheap.

Iranus

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Quote from: Godlovesyou on June 01, 2023, 11:02:30 AM

. 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.

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Quote from: Rengga Jati on June 02, 2023, 04:29:39 PM

Quote from: Godlovesyou on June 01, 2023, 11:02:30 AM

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.

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.

Doing DCA all the way before the bear market transitioned to ball market is the best thing to do IMO. Since all our investment during the bear market will bear profit when bull run comes. So I believe we shouldn't be conservative in DCA-ing our way during the bear market, waiting for crashes to DCA will make us miss out some profit because our chance of buying will only be limited to crashes event during the bear market. While regular DCA-ing during bear market can enable us to accumulate more BTC thus getting more profit when the bull run takes charge of the market.

Rengga Jati

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Quote from: Godlovesyou on June 01, 2023, 11:02:30 AM

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.

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.

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Quote from: Godlovesyou on June 01, 2023, 11:02:30 AM

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.

Bitcoin price drops a bit and it seems still in a sideways phase. So, don't worry about the opportunity to buy, there is still much time to buy at the dip. You must understand that there is some bad news recently. It triggers the price to drop and looks difficult to reach $30k again. However, we mustn't feel afraid about this current situation, it is just temporary that the price looks hard to continue its rise. We are still in Q2, I am sure the price will increase again more constantly in Q3-Q4. We don't need to think about losses now, there are still a lot of chances to sell at better prices in the future. Most people must target to sell in 2024-2025 when the price probably increases more significantly after BTC halving. So, we are better to focus on collecting more Bitcoin and good altcoins for now, don't feel too much about selling at this time.

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Quote from: Godlovesyou on June 01, 2023, 11:02:30 AM

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 understand the value of bitcoin. I know some will kick against my tips but what are your reasons?

To this point, bitcoin has surpassed all prevailing crises, and to a great extent Bitcoin has survived all the Rock Head attacks on its price, no matter what the best practice is to keep accumulating at whatever chances we may have.

Up on till now I have raised my Bitcoin percentage holding since I know that, any price drop is a discount to accumulate more Bitcoin using the DCA price mechanism.

CryptSafe

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Looking at the current market situation, one can tell that at this value compared to the previous all time high, the bitcoin price is still very low and as such, one can easily but bitcoin still at a very low price and hold it and however, one can still trade bitcoin on a short term basis taking profits as the case maybe.

Usually, traders do take the market conditions to their own benefit. They do trade on daily basis in line with the market trend at that particular time so as make profit from their trade. This is a typical short term holding for trade.

Uruhara

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I personally still consider the bitcoin price below 30k and of course below 20k is a low price. and certainly still a suitable area to start accumulation. And because this is for a long term investment. it's not just about the bitcoin halving but I want more than that for now. I prefer to do DCA casually. with small money but done consistently. and I want to see how my investment will be after 10 years.

i have 2 long term investments in bitcoin. 1 long-term investment until BTC surpasses ATH. there I will sell and start accumulating again when the next bearish market comes.
and i also have 1 other investment in bitcoin that i want to keep hodl maybe even more than 10 years. the point is I will keep it really for a long time. so I don't have to worry too much about the price when it's accumulated for this one.

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Quote from: coolcoinz on June 02, 2023, 02:48:58 PM

My reason to invest right now, if i had no bitcoin would be simple math. Think about it for a second and you'll come to the same conclusion. What is the chance of bitcoin going to 0 and compare that to the chance of bitcoin going to the last ATH to retest it.

Another reason is the current price. It's less than 50% of the ATH which is really low. Usually bitcoin retests the 50% level frequently, so 35k is almost a certainty at this point. So, knowing bthat bitcoin will hit 50% level somewhere in the next 12 month, even if it gets rejected by it, why wouldn't you buy bitcoin at 27k if it was bound to retest crucial levels somewhere in the next 12 months? No other investment is going to give you an opportunity of earning 30% in a year.

You did really mention out those solid points on which we are really that somewhat having that kind of confidence when it comes to price movement potential which could happen in the future which is something that

would really be giving out that kind of perspective and this is why we do really make out that buying decision. Opportunity is something that would come and go because the price isnt something that we could
go back on being low unless if we would be hitting up another bear cycle but now the price is really that starting to cling up on which you would really be able to miss out if ever you wouldnt really be deciding
on getting in while its still cheap. Well its really on our choice whether we do really get in or not, investment decisions would really vary on each individual here on crypto space.
You cant really just make yourself that go along just because someone been telling to do so.

Act according into your own risks appetite and of course you would really be applying out some analysis on the time that you would really be making out such buying or selling decision.

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Quote from: Godlovesyou on June 01, 2023, 11:02:30 AM

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.

You will not miss anything in the current bitcoin period, the question is how do you make purchases for the current state, will you use all the capital at once to enter the market or still wait for the next period for accumulation.

Quote from: Godlovesyou on June 01, 2023, 11:02:30 AM

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 want to say your tip is contradictory, but it slightly messes with the essence which is easy to understand. The value of bitcoin is not only seen when it experiences an increase in price but a decline condition is the right way of accumulation to enter the market, so the amount of capital you have plays a much bigger role in making profits after this period recovers.

If we have little finances then the DCA strategy is one of the potentials that can be exploited, so that any period you can enter the market to make regular gradual purchases. Buy and Hold bitcoins, isn't that what we expect?

coolcoinz

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My reason to invest right now, if i had no bitcoin would be simple math. Think about it for a second and you'll come to the same conclusion. What is the chance of bitcoin going to 0 and compare that to the chance of bitcoin going to the last ATH to retest it.

Another reason is the current price. It's less than 50% of the ATH which is really low. Usually bitcoin retests the 50% level frequently, so 35k is almost a certainty at this point. So, knowing bthat bitcoin will hit 50% level somewhere in the next 12 month, even if it gets rejected by it, why wouldn't you buy bitcoin at 27k if it was bound to retest crucial levels somewhere in the next 12 months? No other investment is going to give you an opportunity of earning 30% in a year.

GiftedMAN

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Quote from: kaseygriffin on June 02, 2023, 01:06:25 PM

The bitcoin price and its situation are not good, so this is an opportunity to accumulate and hold for a long time, which is understandable. But it also needs to be carefully considered because cryptocurrencies are still very volatile. While it's impossible to predict with certainty how the market will continue to go, let's take the long view and focus on accumulating Bitcoin over time. Then, one day, you will enjoy the results of your investment.

Has the price of bitcoin ever been stable? saying the price of bitcoin is not good isn't right for me because we all know that we are in bear market and the price of of bitcoin will continue to be unstable till we get to bull run where the price will rise to a certain level though it will still not be stable. To an investor the bear market time is always a good time to buy but to a trader I think the bear and bull run don't affect them hence making profit through trading is the major goal. There is always a good time to buy bitcoin regardless of the price but your investment pattern will be a major determinant of when you should consider good time for you because no time is bad to buy or invest in bitcoin.

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Quote from: Godlovesyou on June 01, 2023, 11:02:30 AM

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, there is always an opportunity that is open to buy bitcoin every day, most especially during the bear season like this, but it's always a Challenge for many to find a good entry point, most especially those who are buying so as to make some short term profit..

But then, for those investing for the long term, the opportunity is still very open to buy or buy more bitcoin right now, 2024 is just around the corner and there is a possibility we might experience another huge bull season beginning from the end this year, going into next year and running into the first and second month, now is time to really position ourselves well to take full advantage of the coming bull season.

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Quote from: Godlovesyou on June 01, 2023, 11:02:30 AM

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.

This is the right time for smart people who believe that the bitcoin price will rise again. Trust me, anyone who invests in bitcoin now will enjoy the market soon. Even though we can't predict the exact time or when that will happen, hopefully we know the bitcoin price will rise and we will make a profit on our investments. However, in my opinion, people who are selling their bitcoin at this time should wait a little while for the BTC price to rise. If they don't have any financial problems that need to be covered, it must be done at this time.

Quote from: Godlovesyou on June 01, 2023, 11:02:30 AM

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

Not all of us, since your advice appears great for those who are still waiting for the price to drop further before investing in bitcoin, so that they will do the necessary thing and invest in bitcoin rather than continuing to wait. I will also say that if they continue waiting and fortunately they price pump in a night, you can see that your advice cannot kick in since it is not that what you are saying is going against you; you are talking about actual time to invest, which is useful for all

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Quote from: Godlovesyou on June 01, 2023, 11:02:30 AM

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?

Everyone invests according to their own means. For those who have money, it can be easy to buy at these levels. It's unclear how long he'll wait, and if he can afford it, he'll be comfortable buying bitcoin. Someone who is not strong enough financially cannot buy without making sure that the market is starting to rise. This is directly proportional to the money you have allocated for the investment of the person you are talking about. Things are always different for those who can wait and those who can't.

I wish anyone could buy bitcoin. In this way, he could reach more people and change many things in a positive way.

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Quote from: Godlovesyou on June 01, 2023, 11:02:30 AM

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.

Smart people are investing in bitcoin now why the people that are not smart are waiting for bitcoin to dump more, they believe they are the ones making smart move, but don’t be surprised that when bitcoin start pumping, the once that claim they are smart will start regretting why they didn’t invest in bitcoin early. No body will be able to buy bitcoin at the bottom, so if you are just planning to hold for a long term, then just buy and hold with the amount u are having at that moment, dont say you want to wait till bitcoin dump more, if you are waiting for bitcoin to dump more before you invest, then you are not really having any serious intention to invest. Some are opportune to see bitcoin at a very cheap price but they are still scared to invest.

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