Pages:
Author

Topic: Start preparing for the next bear run. (Read 580 times)

hero member
Activity: 882
Merit: 507
Defend Bitcoin and its PoW: bitcoincleanup.com
February 28, 2024, 03:32:37 AM
#61
You might be right but the idea behind the post is to encourage people to buy Bitcoin when it is cheap and they shouldn't wait until they see that the bull run is close or in the bull run. You will agree that it is better to buy when the price is cheap than when the bull run is already pulling the price high.
This is what I think about it. We see many people are talking about buying more bitcoin because bull run is coming but didn't even think about buying bitcoin when it is cheaper until the price is no longer cheap. What I can say about them is that they are a short term investors where they only invest when they think it will be profitable later on and won't invest if it's not profitable which in this case is they only buy Bitcoin when bull run is coming and won't buy if it is in a bear market.
That mindset of panic buying has always been a part of human existence for all the while in history, it is not only limited to bitcoin buying alone during high prices, the reason why people and investors tend to act in that line of thought is because of the fear of missing out without proper checks and studies on how past actions ended for those who took such steps before.

Bitcoin buying is most suitable when the market is down at a discounted price and at that making it easier to wait and also increasing your chances of making profits from that investment because the possibility for the price to go up is higher from the bottom compared to when you expect the price to keep going up when it already at the top of it performance
hero member
Activity: 1582
Merit: 690
February 27, 2024, 11:02:45 PM
#60
From my little experience with the Bitcoin Investment system, the best time to buy the coin if you are targeting to make a profit in the bull run is during the bear run. The price is cheaper and you can make a good profit within the four-year circle. At this period you don't need to rush to buy because of FOMO but you can comfortably buy at your own pace using the DCA or other strategy that suits you.
It is practiced by everyone and they will buy large amounts on downturns and maximize regular purchases using the DCA pattern. Concepts like this are more widely used by some people who have limited capital and we have to be smart at seeing opportunities to be in a bullish market. FOMO will continue to influence the bitcoin market and if that happens then when the FOMO effect lasts we can make decisions because the price of bitcoin falls and gives us the opportunity to buy in slightly larger quantities.

My advice is that as you are targeting to sell your coins and make a profit also start planning for accumulation. If you intend to use DCA, start putting things in place on how to set aside funds periodically to buy Bitcoin. It might not be bad to start planning how to get an alternative source of income to enable you to engage in your accumulation process seamlessly. Buying Bitcoin during the bear market should be more appealing than buying when the bull run is already around the corner.
Investment also talks about balance because if we only sell and rarely accumulate purchases then we are worried that we will lose the best momentum as the cycle progresses. Buying bitcoin has several ways and what we have discussed previously in the forum should be taken into consideration because without making wise decisions we miss the best opportunities. Planning, strategy and taking advantage of the moment are ways to get maximum profits and we are required to continue to be consistent in collecting.
copper member
Activity: 1414
Merit: 253
Eloncoin.org - Mars, here we come!
February 27, 2024, 10:37:08 PM
#59
I have observed that the rate of posts on buying Bitcoin in this bull had increased greatly. I once read that people are always attracted to invest in Bitcoin when the price is going high.
~snip~
I don't know where you find people like this, but until now I have never found anyone who likes to buy Bitcoin or other cryptocurrency assets when prices are high. The bullish moment actually scared some people and many of them decided not to buy it. Apart from the risk which is quite high because there is a possibility that it is just a pump moment, apart from that the price is too high and the profit obtained is not too big, because it has a high purchase price.

However, looking for a bearish moment and finding the tip of the dip is not easy. In fact, what I see more often is someone buying at a fairly low price, but a few hours or days later, the price is even lower.

The best, more relevant way in my opinion is DCA. If DCA can be implemented from the start, I am very confident that we will benefit today. Of course only for liquid coins.

I also experienced a situation like that. when a decline occurs after a pump and the price looks quite stable, but suddenly what happens is another dump.
The pump and dump situation also needs to be considered carefully. There is a potential that the pump will continue or move the opposite way with correction. in a dump situation, it also allows prices to fall further.
Therefore, never go all in in a situation like that. go do a proper analysis and doing DCA might be a good option. and many who have done it also confirm the best way to invest.
hero member
Activity: 1358
Merit: 538
paper money is going away
February 27, 2024, 08:48:41 PM
#58
I have observed that the rate of posts on buying Bitcoin in this bull had increased greatly. I once read that people are always attracted to invest in Bitcoin when the price is going high.
~snip~
I don't know where you find people like this, but until now I have never found anyone who likes to buy Bitcoin or other cryptocurrency assets when prices are high. The bullish moment actually scared some people and many of them decided not to buy it. Apart from the risk which is quite high because there is a possibility that it is just a pump moment, apart from that the price is too high and the profit obtained is not too big, because it has a high purchase price.

However, looking for a bearish moment and finding the tip of the dip is not easy. In fact, what I see more often is someone buying at a fairly low price, but a few hours or days later, the price is even lower.

The best, more relevant way in my opinion is DCA. If DCA can be implemented from the start, I am very confident that we will benefit today. Of course only for liquid coins.
hero member
Activity: 3024
Merit: 647
February 27, 2024, 07:50:59 PM
#57
Newbies will find it hard to understand that investing in bitcoin comes best when the market is bearish as everything they have seen and heard point out that the bullish market is the perfect time to enter the market. So they will follow what majority are doing, only to find out that when they start losing, that’s the time they will come to realized that they should have enter the market while it’s still bearish where all coins prices are sell in bargain.
It relates to time, waiting time.

If they don't have too long time for waiting, start their investment when the market confirms its bull run, is a good time for investment kick-off. Because with limited waiting time like 1 year, they can not join a bear market and wait for like 2 or 3 years to take profit. With this style, I really hope they don't use all money to invest and speculate that they will gain profit after one year. Fund for emergency must be reserved in any plan of investment, 1 year or up to 3 years.

If they have good waiting time, they can join in a bear market and hold 2 or 3 up to 4 years, to get better profit.
This is a realization that newbies should not only focus on a bullish market but also learn to value the essence of a bearish market. In fact, bigger profits will be achieved if they started investing in a bearish market, rather than thinking of short term and jump when there is bull run. As much as they have to prepare for the bull season, then they should also have seen the importance of saving funds in preparation for a bearish market. Actually both season can be profitable, you build your investment when the market is in bearish and reap its fruits when bull run takes over.
full member
Activity: 280
Merit: 172
February 27, 2024, 10:27:02 AM
#56
In Every investment, investors are interested in the  high rate of profits it attracts them to invest that's why they troup in when it bullish. But with my little understanding in Bitcoin you have to understand how it works the strategies to use in other to have profits, when it's bearish most bitcoin holder fear of the potential future but they forget that is part of the Bitcoin cycle. That is actually the best time to hold on to your bitcoin and buy more when its bearish believing in it future potentials. Planning for the Bear run can set you up for future success, During a bear market it be a good opportunity to buy bitcoin at lower prices and potentially offering a long term gains. So as bitcoin is on a bullish market planning for the Bear market shouldn't be neglected, start by setting up funds for Bitcoin accumulation, you can set up automatic transfers from your bank online to buy Bitcoin regularly using the DCA strategy.

The reason people invest is to make a big profit because, after every investment, people have very high expectations for every investment and that is the mindset you need to have towards every investment you make.  and those that are holding all they are currently waiting for is the bull run, which people have been waiting for, for a very long time, and with the bull run coming up very soon, the price is already going up. everything needs understanding Buying and selling are just like the basics you can do when you invest in Bitcoin. When you want to stretch it to trading, mining, and others, you cannot do it without having an idea about technical analysis for those who are into trading.

You need to know when to sell and also all the events in Bitcoin so you have to know what to expect from those events, and when they happen, those who know what the event is all about will know what to do instead of panicking. It is better to have the one you already have instead of leaving in fear and that is very common among investors. One of the characteristics of Bitcoin is that it is not stable, which is to the investor's advantage.
hero member
Activity: 1358
Merit: 907
February 26, 2024, 12:24:29 PM
#55
Yeah, Honestly it is absolutely right that the majority of newbie investors always bring investments into the market when Bitcoin is at its peak.
When we are near the market, newbies are always scared of losing their money, so they won’t want to invest. They always have the feeling that if they invest, the bitcoin price is going to drop more and they will be at risk, but when the coin starts going up, they will always FOMO, which means that when they are investing, the bitcoin price will be dropping. When we are planning to invest, the bear market is always for investment, and the bull run is always for taking profits, but most people don’t understand that. They do monitor the market during the bear market, and they do invest during the bull run, which is wrong.
hero member
Activity: 1400
Merit: 655
Bitcoin is achievement
February 25, 2024, 07:57:49 PM
#54
I thought I'm only one who observed that when the price of bitcoin accelerate to high magnitude its when many cryptocurrency investors especially newbie will develop interest in cryptocurrency, but they don't know that is not right for someone to purchase bitcoin due to the price is going up, a good investors should have a radial or learn the movement of candles sticks very well, before venturing into cryptocurrency investment, because its obvious that we have to plan above bullish so that when the price increases after investing we will be at safer side of profit and also for investment...

We need to understand that during bearish season is when that is due or matured to purchase cryptocurrency and I believe that any old investors doesn't be inquisitive to purchase bitcoin for long-term investing during when bitcoin is approaching or meeting another target, buy bitcoin when the price is low and sell when the price is high so that huge profit will manifest.... is abnormal and not advisable to buy bitcoin because the price is high, it can retrace and fall beyond expectations.
sr. member
Activity: 714
Merit: 288
February 25, 2024, 06:55:46 PM
#53
Yeah, Honestly it is absolutely right that the majority of newbie investors always bring investments into the market when Bitcoin is at its peak. And there are no more ways than bouncing back. But anyway, this is the beauty of Bitcoin. If a buddy doesn't know that or doesn't take entry at that time, he will take entry when Bitcoin goes up, but Bitcoin has only one treatment for such people, and that is loss. Or, in other words that Bitcoin is a friend of those who stand with Bitcoin in bad times, i.e. Bear Market and not a friend of those who support it in good times i.e. FOMO or Bull markets. it is just for a joke.

The rest it's meant to say that real entry means Buy the dip, that is, entry should be taken in Bitcoin at this time when it ends the bear market, places feet on the 1st step of the Bull and starts the movement to rise.
legendary
Activity: 2674
Merit: 1208
Once a man, twice a child!
February 25, 2024, 03:40:29 PM
#52
I have observed that the rate of posts on buying Bitcoin in this bull had increased greatly. I once read that people are always attracted to invest in Bitcoin when the price is going high. We see more people buying Bitcoin because of the fear of losing out.
Wait until you begin to see your local radio and TV stations that weren't reporting financial news start talking about Bitcoin, that's when you see the real rush. I've seen this before and I expect it to repeat itself this season. People like noise, it gets their attention. Once something becomes noise, know it has gone far. That's what happens during a bull rally. To profit in cryptos, buy before others become interested in it.

Quote
From my little experience with the Bitcoin Investment system, the best time to buy the coin if you are targeting to make a profit in the bull run is during the bear run. The price is cheaper and you can make a good profit within the four-year circle. At this period you don't need to rush to buy because of FOMO but you can comfortably buy at your own pace using the DCA or other strategy that suits you.
The next bear season will expectedly be from 2026. It's hypothetical, anyway. It can even start before then, maybe around the last lap of 2025 but not in 2024. So, those who want to get in very early should prepare to start taking their shots in 2026/27.
member
Activity: 66
Merit: 5
Eloncoin.org - Mars, here we come!
February 24, 2024, 08:40:03 AM
#51
Edited out
Most times like the Op explained, people are often driven by FOMO and that's why you see them rush to accumulate during the bull season but if it's in the bear season, only how low the price is and how it can further get low discourages some. Another reason for them being hesitant to buy during the bear season is that there's no need to be in a hurry, you can always buy anytime and so what's the point in say starting early when if I begin in the middle, I could still get at a lower price?
One thing usually see as the major reason why people rush to buy during the bull season is ignorance, Yeah, most of them lack the basic Bitcoin knowledge and as such only hang around the old news of people who invested in bitcoin whole it was young and how they made big profit, mean while if they have a clear Bitcoin knowledge the will realize that the bear market is absolutely the best time to accumulate Bitcoin, because it serves as a discount to the investor, if you where to buy a 0.5 BTC at 50kish price close to bull run, in the bear market you could accumulate more even up to 1btc with the same amount if careful examine.

This more reason why people should visit the forum or even search for knowledge of how to invest in Bitcoin to be on a better side. I appreciate the effort of one of the reputable member of the forum JayJuanGee for the effort he had put to clarify and tutor people like me on how to invest in Bitcoin.

Most people that buys Bitcoin when the price is pumping before bull run are mainly new investors, experienced investors won't be that naive.
I agree with you to some extent that they are majorly new investors or let's say newbies in the Bitcoin space, most experienced people grab opportunities when it seems to be on a low price. I have come to know that no matter the bear buying should be the only priority.
sr. member
Activity: 434
Merit: 500
February 24, 2024, 07:33:06 AM
#50
I have observed that the rate of posts on buying Bitcoin in this bull had increased greatly. I once read that people are always attracted to invest in Bitcoin when the price is going high. We see more people buying Bitcoin because of the fear of losing out. I know that we can buy bitcoin at any price we can afford but it seems these investors are more concerned about this year's bull run.
I noticed it too, how people are increasingly interested in investing in bitcoin now that they have observed a rise in it’s price. Investing due to FOMO is not ideal as they are merely investing without a detailed investment plan of any kind, some might even be investing without any knowledge about how bitcoin works putting themselves at risk. These kind of people are those that freak out and panic when the price eventually starts dropping and sell their bitcoins, they lack understanding of how bitcoin works which will always result to panic sells and loss of their investment.

From my little experience with the Bitcoin Investment system, the best time to buy the coin if you are targeting to make a profit in the bull run is during the bear run. The price is cheaper and you can make a good profit within the four-year circle. At this period you don't need to rush to buy because of FOMO but you can comfortably buy at your own pace using the DCA or other strategy that suits you.
People who understand the the concept of bitcoin understands that the best time to invest in bitcoin is during the bear market when the price is low so as to make profits during times like this that the price is high. Buy low and sell high to make a reasonable profit is what everyone is aimed at, the higher the price when you buy the lower your profit would be. The concept is quite simple so i don’t understand why people would wait to invest in bitcoin when the price is going up, instead buy when cheaper and hold on to your coins and wait for the bull run.

A lot of advice have been given regarding the best time to invest but i feel no matter how hard we try to educate there will still be those who would ignore our advice and still choose to invest when they see the price shooting up.
hero member
Activity: 798
Merit: 538
★Bitvest.io★ Play Plinko or Invest!
February 24, 2024, 07:32:13 AM
#49
In Every investment, investors are interested in the  high rate of profits it attracts them to invest that's why they troup in when it bullish.

The bull has always been the season many wait to lay targets on for their profitability in bitcoin investment because they know that the market will always be favorable on them, irrespective of where they are taking it from, as long as they can hold, its going to be an experience of a profit making investment because the market is pumping even though its also accompanied by high volatility as the market may be unpredictable during such period, the best we could afford as at now is in getting our sats ready and stacking them for the investment, and if done, we should keep up with the market speculations to know the way things are going till then.
member
Activity: 308
Merit: 42
February 24, 2024, 07:19:51 AM
#48
I have observed that the rate of posts on buying Bitcoin in this bull had increased greatly. I once read that people are always attracted to invest in Bitcoin when the price is going high. We see more people buying Bitcoin because of the fear of losing out. I know that we can buy bitcoin at any price we can afford but it seems these investors are more concerned about this year's bull run.

From my little experience with the Bitcoin Investment system, the best time to buy the coin if you are targeting to make a profit in the bull run is during the bear run. The price is cheaper and you can make a good profit within the four-year circle. At this period you don't need to rush to buy because of FOMO but you can comfortably buy at your own pace using the DCA or other strategy that suits you.

My advice is that as you are targeting to sell your coins and make a profit also start planning for accumulation. If you intend to use DCA, start putting things in place on how to set aside funds periodically to buy Bitcoin. It might not be bad to start planning how to get an alternative source of income to enable you to engage in your accumulation process seamlessly. Buying Bitcoin during the bear market should be more appealing than buying when the bull run is already around the corner.

I think people are just impatient to wait for the bull run when they buy during the bear run.  The seasonal shift of bitcoin from bear run to bull run is around 4 years.  Given that you buy during the bear run, you need to wait for additional 4 years for the bull run to happen.  And many people are impatient to wait for that because they can use or invest their money on other things first, especially on investments that will generate return earlier than 4 years.
member
Activity: 112
Merit: 4
February 24, 2024, 06:41:09 AM
#47
In Every investment, investors are interested in the  high rate of profits it attracts them to invest that's why they troup in when it bullish. But with my little understanding in Bitcoin you have to understand how it works the strategies to use in other to have profits, when it's bearish most bitcoin holder fear of the potential future but they forget that is part of the Bitcoin cycle. That is actually the best time to hold on to your bitcoin and buy more when its bearish believing in it future potentials. Planning for the Bear run can set you up for future success, During a bear market it be a good opportunity to buy bitcoin at lower prices and potentially offering a long term gains. So as bitcoin is on a bullish market planning for the Bear market shouldn't be neglected, start by setting up funds for Bitcoin accumulation, you can set up automatic transfers from your bank online to buy Bitcoin regularly using the DCA strategy.
hero member
Activity: 2520
Merit: 783
February 24, 2024, 05:25:06 AM
#46
I have observed that the rate of posts on buying Bitcoin in this bull had increased greatly. I once read that people are always attracted to invest in Bitcoin when the price is going high. We see more people buying Bitcoin because of the fear of losing out. I know that we can buy bitcoin at any price we can afford but it seems these investors are more concerned about this year's bull run.

From my little experience with the Bitcoin Investment system, the best time to buy the coin if you are targeting to make a profit in the bull run is during the bear run. The price is cheaper and you can make a good profit within the four-year circle. At this period you don't need to rush to buy because of FOMO but you can comfortably buy at your own pace using the DCA or other strategy that suits you.

My advice is that as you are targeting to sell your coins and make a profit also start planning for accumulation. If you intend to use DCA, start putting things in place on how to set aside funds periodically to buy Bitcoin. It might not be bad to start planning how to get an alternative source of income to enable you to engage in your accumulation process seamlessly. Buying Bitcoin during the bear market should be more appealing than buying when the bull run is already around the corner.

It's quite simple why people buy bitcoin when the price is going high and not when it's cheap.
People want to invest in a pumping market thinking their investment will pump and give them hefty returns.
People don't want to invest in a falling market because they are scared that their investment might fall further.
Only the wise ones who have the courage to suck up losses are the ones who buy in a falling market and gain profits in the pumping market.

This cause losses to some people since they think its better to invest while the market is pumping. They failed to realized that this is risky decision to take especially that we don't know on how far the market could able to produce more pump since if we placed a bad position and bought ours at the peak then provably we will be crazy thinking about if the market will still recover and record another pump. This is so stressful that's why if we want to invest and speculate about upcoming pump since we hear some great news to come especially this halving event they should buy their bitcoins earlier so that they are well prepared and bought it at more cheaper price.

Some maybe afraid on the dumps but they should look at the past halving occurrence since maybe they can get an idea about how big the potential to earn some good profits when this said event will come.
full member
Activity: 364
Merit: 220
Eloncoin.org - Mars, here we come!
February 24, 2024, 04:24:36 AM
#45
The image below explains it all, I also wonder why people prefer it when bull run is fast approaching, you have all the time to buy when it's very cheap but decides to buy when there is fomo in the market already.

I guess this people aren't really aware of how Bitcoin have been able to prove itself over the last circles yet they don't really trust it. well lets keep sharing the Bitcoin knowledge to see how fast such notion can be reduced.


image source; Bitcoin images

The picture really shows how most Bitcoin investors react to price before deciding to buy, they're relaxed when price is very low, but the moment when the price starts to massively pump, they'll suddenly realize that they don't want to miss out and starts to buy at the high price. Another reason why more people buy at a higher price is because there's more Bitcoin adoption when we're heading to bull run, that's when the awearness is more, because they'll be hearing how those that have been hodling will get their ROI in bull run, so they'll also rush to invest despite the high price, so they won't totally miss out. Most people that buys Bitcoin when the price is pumping before bull run are mainly new investors, experienced investors won't be that naive.
sr. member
Activity: 504
Merit: 323
February 24, 2024, 03:52:48 AM
#44
I have observed that the rate of posts on buying Bitcoin in this bull had increased greatly. I once read that people are always attracted to invest in Bitcoin when the price is going high. We see more people buying Bitcoin because of the fear of losing out. I know that we can buy bitcoin at any price we can afford but it seems these investors are more concerned about this year's bull run.

I cannot blame them if they invest because of the bull run because whether you invest when the price is low or higher, we are all investing for the upcoming bull run, but the only thing is that these types of investors are not successful sometimes due to FOMO. They invest when they see the time for the bull run, which is not okay. These types of investors also are not getting profit like people who invest when the price is still low. Furthermore, we aren't sure if the bull run is coming this year; we are just anticipating that it will be this year, so they are just investing but aren't sure of what they are doing. I will advise them to invest the amount they can afford to lose; the current price shouldn't push them to invest heavily.

Quote
From my little experience with the Bitcoin Investment system, the best time to buy the coin if you are targeting to make a profit in the bull run is during the bear run. The price is cheaper and you can make a good profit within the four-year circle. At this period you don't need to rush to buy because of FOMO but you can comfortably buy at your own pace using the DCA or other strategy that suits you.

Yes, I even prefer the DCA method to invest in bitcoin because I assume it is the easiest way to invest, especially for newbie investors. The DCA method will be the easiest way for them to invest in bitcoin, and for sure, during the bear run, it is preferable to buy more bitcoin, so when the price rises, you will be calculating the profit you have gained.
hero member
Activity: 2646
Merit: 713
Nothing lasts forever
February 24, 2024, 03:34:05 AM
#43
I have observed that the rate of posts on buying Bitcoin in this bull had increased greatly. I once read that people are always attracted to invest in Bitcoin when the price is going high. We see more people buying Bitcoin because of the fear of losing out. I know that we can buy bitcoin at any price we can afford but it seems these investors are more concerned about this year's bull run.

From my little experience with the Bitcoin Investment system, the best time to buy the coin if you are targeting to make a profit in the bull run is during the bear run. The price is cheaper and you can make a good profit within the four-year circle. At this period you don't need to rush to buy because of FOMO but you can comfortably buy at your own pace using the DCA or other strategy that suits you.

My advice is that as you are targeting to sell your coins and make a profit also start planning for accumulation. If you intend to use DCA, start putting things in place on how to set aside funds periodically to buy Bitcoin. It might not be bad to start planning how to get an alternative source of income to enable you to engage in your accumulation process seamlessly. Buying Bitcoin during the bear market should be more appealing than buying when the bull run is already around the corner.

It's quite simple why people buy bitcoin when the price is going high and not when it's cheap.
People want to invest in a pumping market thinking their investment will pump and give them hefty returns.
People don't want to invest in a falling market because they are scared that their investment might fall further.
Only the wise ones who have the courage to suck up losses are the ones who buy in a falling market and gain profits in the pumping market.
hero member
Activity: 784
Merit: 589
February 24, 2024, 01:23:17 AM
#42
The image below explains it all, I also wonder why people prefer it when bull run is fast approaching, you have all the time to buy when it's very cheap but decides to buy when there is fomo in the market already.

I guess this people aren't really aware of how Bitcoin have been able to prove itself over the last circles yet they don't really trust it. well lets keep sharing the Bitcoin knowledge to see how fast such notion can be reduced.


image source; Bitcoin images
Most times like the Op explained, people are often driven by FOMO and that's why you see them rush to accumulate during the bull season but if it's in the bear season, only how low the price is and how it can further get low discourages some. Another reason for them being hesitant to buy during the bear season is that there's no need to be in a hurry, you can always buy anytime and so what's the point in say starting early when if I begin in the middle, I could still get at a lower price?
Pages:
Jump to: