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Topic: Start preparing for the next bear run. (Read 699 times)

hero member
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February 28, 2024, 02:32:37 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
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February 27, 2024, 10:02:45 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
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February 27, 2024, 09:37:08 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
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dont be greedy
February 27, 2024, 07:48:41 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
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February 27, 2024, 06:50:59 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
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February 27, 2024, 09:27:02 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
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February 26, 2024, 11:24:29 AM
#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
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February 25, 2024, 06:57:49 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
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February 25, 2024, 05:55:46 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
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February 25, 2024, 02:40:29 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.
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February 24, 2024, 07:40:03 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.
hero member
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February 24, 2024, 06:33:06 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
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February 24, 2024, 06:32:13 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
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February 24, 2024, 06:19:51 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
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February 24, 2024, 05:41:09 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
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February 24, 2024, 04:25:06 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.
sr. member
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February 24, 2024, 03:24:36 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
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February 24, 2024, 02:52:48 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
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Nothing lasts forever
February 24, 2024, 02:34:05 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
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February 24, 2024, 12:23:17 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?
legendary
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February 23, 2024, 11:19:19 PM
#41
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.
hero member
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February 23, 2024, 06:57:50 PM
#40
It's very difficult for an average investor or newbie investor to understand bitcoin investment is not from bull run rather than buying them at the bear season with is alone when the market recover you stand a better chance to make a reasonable profits than those that always focused on when the price start gaining some strength before seeing them jump into investment, that is why you find most of them easily come to call bitcoin all such of names because they weren't targeting the right time to invest in bitcoin that venturing the market at the peak price. At such point there is always FOMO where people would start panicking about price. As a crypto enthusiast the best time for investment is during bear market to have a good holdings of most of the important coins.
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.
hero member
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February 23, 2024, 02:21:25 PM
#39
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.
The reason why most person neglect the bear season is because they are always on the edge on the particular amount that the price might reach before buying, there are scared of seeing their coins going down and down during the bear season and are much attracted to buying when the price is moving upwards but they actually forget the bear season is there for a particular reason which is as significant as the bull season itself if not even more important because without the bear season buying Bitcoin would be really expensive and the iconic use of it as investment will die off overnight.
hero member
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February 23, 2024, 02:01:14 PM
#38
It's very difficult for an average investor or newbie investor to understand bitcoin investment is not from bull run rather than buying them at the bear season with is alone when the market recover you stand a better chance to make a reasonable profits than those that always focused on when the price start gaining some strength before seeing them jump into investment, that is why you find most of them easily come to call bitcoin all such of names because they weren't targeting the right time to invest in bitcoin that venturing the market at the peak price. At such point there is always FOMO where people would start panicking about price. As a crypto enthusiast the best time for investment is during bear market to have a good holdings of most of the important coins.
sr. member
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February 23, 2024, 01:48:51 PM
#37
This reminds me of some people in my circle, whenever Bitcoin dumps they laugh, and throws some bad words at the technology, the same set of people that only knows when to turn around when Bitcoin makes a new all time high, they always do this in every cycle, when the price is pumping hard is when they will start buying, and they won't make any good ROI since they bought at the very highest price.

There is no reason to encourage such people, this is one of the reasons why some people will remain poor for the rest of their lives, they talk shit things about the rich, yet they don't understand that the risk that the rich people takes is what makes them who they are today, they aren't just prepared to do the same thing.

I know someone who believe that you are just putting yourself in a tight position investing money, and he likes ending his bad advice with everything will fade away in the end, or vanity upon vanity, yet he comes knocking when he needed help, I believe he is just taking advantage of me and I stopped helping him, to have a better future is why I am investing hard, and he only knows how to spend his money and yet still come to me when needed help, who should I go to when I need help because I have nobody.

Don't force anyone to invest in Bitcoin, some people will never learn.
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February 23, 2024, 12:46:34 PM
#36
I think people have known already that the best time to buy is during bear season but it’s different when you are already witnessing the bull run and have seen the prices are rising. You will end up getting encouraged to buy at least good amount of coins so that you can also ride with the hype. These kind of people are mostly new to the market, and as much as possible they want to seize every buying opportunity that comes regardless of its price.

Now, no matter how we will encourage them to buy at its bear season, there’s no guarantee that they will follow us. They studied the market so most probably they also know what they are doing. However, if their concern is to buy and hold, and DCA after, I think buying even at a bull run price is still a good buy. As long as they won’t decide to sell at its lower position, most likely they will still be profitable when a new all time high enters the market.
Not really. If people already learned much about Bitcoin investment, they will still use this time to invest more before the price increase. But even if those people already learned much, that will not guarantee they buy Bitcoin because many new people joined in Bitcoin investment when the price increase. They aren't ready seeing the up and down of the price. They think that after they bought Bitcoin, they can sell it right away when the price increase.

But people who knew what happened to Bitcoin will not follow those people. They will still buy Bitcoin using DCA method and use the chance to accumulate many Bitcoins. We don't have to push them to buy Bitcoin because that will be personal decision. We can only suggest them to invest in Bitcoin but they should learn many things before decide. They will not worry with their investment in Bitcoin because they already learned much about Bitcoin.

Buying in this time still good as the price still search for the position to increase so we see many up and down of the price happen in the market. But if they don't use DCA method to invest in Bitcoin, they will hard to search the right time to buy Bitcoin. The DCA method has been proven help people to invest in Bitcoin.
sr. member
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February 23, 2024, 12:14:57 PM
#35
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 is not yet time for the bear and you don't have to be too fast. We are just entering into the bull market and the bull supposed to last for at least 3 years of massive earnings and profitability. It is too early and we don't have to rush it or try to lure people to sell their coin because they only made little profit that worth nothing much. The bull will finally arrive and we'll going to see it without poking for someone to explain to us what it means. Let's keep buying and accumulating for now.
hero member
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February 22, 2024, 10:46:48 AM
#34
When it comes to bitcoin accumulation, whether you made it through bears or bulls, that’s always a good buy knowing the price of bitcoin will certainly increase in time. The best solution is don’t wait for the bear season to appear just to start buying bitcoin. If you have the funds at the moment, then buy now. We should always see bitcoin at a long term, not in a short term. Successful bitcoin investors never reach their position instantly, they waited for couple of years buying and hodling so they can enjoy the biggest profits they set as their investment goal.
Many of the people I know that want to buy Bitcoin now is because they want to make a profit in this bull run. They don't have much knowledge about Bitcoin investment but they are just following the crowd that thinks that they could just make fast money from the bull run. I stated in the OP that the best time to buy Bitcoin is when you can afford it especially if you want to keep your investment for a long time. Within this long period, one will definitely make some profit. The post is just a heads-up that we should plan for our Bitcoin Investment instead of joining the bandwagon of investors who are driven by FOMO.
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February 22, 2024, 10:41:01 AM
#33
Only newbies or people who don't know how to make real profits would be more interested in the bull run than the bear run, as early investors our aim should be to buy more in the bear market cause we buy bitcoin at a cheaper rate, imagine those who bought Bitcoin at the price of 25k last year, they would be having double their money now already and we are anticipating 100k bitcoin price this year, so it's quite hilarious to be so attracted to the bull market and not also the bear if profit is really your concern, unless your such a scready cat to hold bitcoin, when bitcoin has consistently proved to be one of the best asset to invest in.

Buyers loves the bear, sellers loves the bull, I love both cause I buy the dip and hold 🥳.
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February 22, 2024, 08:10:02 AM
#32
There is no denying the fact that the best of time to buy is the during the dip, this isn’t only bitcoin related. But you can’t take away the FOMO nature of people, they tend to buy when everyone is talking about it.
That's the instinct of most people because they are always afraid when they hear a lot of negative news on Bitcoin they will not invest.
But when people talk about Bitcoin because it was in high price, they rush to invest without investigating what they invested and it becomes a trap for them.  There could be a challenge that lies in overcoming the FOMO mindset that often drives people to buy when everyone is talking about it.

So the best thing is to invest during the bull trend and hold for the long term, not in a short term period.
When it comes to bitcoin accumulation, whether you made it through bears or bulls, that’s always a good buy knowing the price of bitcoin will certainly increase in time. The best solution is don’t wait for the bear season to appear just to start buying bitcoin. If you have the funds at the moment, then buy now. We should always see bitcoin at a long term, not in a short term. Successful bitcoin investors never reach their position instantly, they waited for couple of years buying and hodling so they can enjoy the biggest profits they set as their investment goal.
hero member
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February 22, 2024, 05:44:42 AM
#31
We can encourage people to buy Bitcoin but we can't force them to follow us to do the same thing. Buying Bitcoin or not buying Bitcoin is a personal decision because some people can not be convinced easily and will trying to deny it. Even if they see the price is at the lower price, that doesn't make them want to buy Bitcoin. Moreover if the Bitcoin price increases.

Bull run will comes but we still have a chance to accumulate more Bitcoin before that times. Many Bitcoin investors already bought Bitcoin at a lower price and now, they can smile seeing Bitcoin price increase to $50k-$52k. Sooner or later, Bitcoin price will be back to last ATH and will reach new ATH.

At that time, people who doesn't buy Bitcoin will regret because they don't follow the advice from us. But they still have time to invest if they want altough the price at that time is not at a lower price. Maybe they need to wait gets another correction because after the ATH, the price can get down deeper. That will be their time to buy Bitcoin if they are sure with Bitcoin.
I think people have known already that the best time to buy is during bear season but it’s different when you are already witnessing the bull run and have seen the prices are rising. You will end up getting encouraged to buy at least good amount of coins so that you can also ride with the hype. These kind of people are mostly new to the market, and as much as possible they want to seize every buying opportunity that comes regardless of its price.

Now, no matter how we will encourage them to buy at its bear season, there’s no guarantee that they will follow us. They studied the market so most probably they also know what they are doing. However, if their concern is to buy and hold, and DCA after, I think buying even at a bull run price is still a good buy. As long as they won’t decide to sell at its lower position, most likely they will still be profitable when a new all time high enters the market.

sr. member
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February 22, 2024, 05:05:39 AM
#30
It's still not too late to keep buying some amount of Bitcoin right now, I mean we are not even past halving yet, and we know what always happen after the halving season is over, a few months after the real long waited rally will start, we aren't there yet and it's not wrong to keep dollar cost averaging.

I know this is not the best time to buy like 2022 and 2023 but it's not too late either, with DCA you are in safe hands, before the halving takes place we can still go lower and there won't be any worries if you are using DCA strategy to invest.

The best time to start preparing for the bear market is after the BTC halving, while you are seeing the all time high and you are taking some profits, this is also the best time to get ready for the next leg down.
legendary
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February 21, 2024, 06:55:07 PM
#29
Way too many Bitcoin holders don't even want to think about the bear market, they expect that Bitcoin will be going only up and up, ignoring the pattern that all bull runs end with a massive crash. So the smart thing to do is to sell continuously during the bull run, but here most people get greedy and think that they will miss  out on profits, while actually they would make a lot of money if they'd do so, because they could then rebuy Bitcoin at lower price after the crash.
legendary
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February 21, 2024, 06:44:40 PM
#28
There is no denying the fact that the best of time to buy is the during the dip, this isn’t only bitcoin related. But you can’t take away the FOMO nature of people, they tend to buy when everyone is talking about it.
That's the instinct of most people because they are always afraid when they hear a lot of negative news on Bitcoin they will not invest.
But when people talk about Bitcoin because it was in high price, they rush to invest without investigating what they invested and it becomes a trap for them.  There could be a challenge that lies in overcoming the FOMO mindset that often drives people to buy when everyone is talking about it.

So the best thing is to invest during the bull trend and hold for the long term, not in a short term period.
legendary
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February 21, 2024, 05:48:54 PM
#27
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.
When you’re investing in the short term, it feels like the right way to do it since. You would be seeing your coin sooner to get the profits from it. You don’t even get to wait on the coin to dip as you ain’t in it for the wait, you buy as it’s rising and there you could wait on it to break or create that ATH and then you sell to get the profits from it. Waiting for a while circle would mean you having to wait on yet another bear market and that wouldn’t be idea for investing on a short term.
Yo successfully invest using this strategy, you need to be some experienced fellow who’s got a good knowledge of the market and many people aren’t.

That’s why, it makes a lot of sense to be a hodler. You just need to be disciplined enough to consistently invest when you’ve got funds and the patience to wait on it.
sr. member
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February 21, 2024, 05:03:03 PM
#26
After a bull run, there is always a bear market, and that’s the best time to buy bitcoin. We can just divide our money and start accumulating gradually. The mistake most people make is that they always want to buy bitcoin at the bottom, but when investing in bitcoin, we should know we can’t buy bitcoin at the lowest price, and that’s what most people are always waiting for till they miss out.

There is no denying the fact that the best of time to buy is the during the dip, this isn’t only bitcoin related. But you can’t take away the FOMO nature of people, they tend to buy when everyone is talking about it. Personally why I always tell people to buy just anytime when they have money and not to wait for dip is because the price today could be the lowest we might meet it again. So the best thing as always been to take opportunity of today because aside looking at ROI of bitcoin there is also the other side of you having your funds save in a non inflationary currency or a currency that actually devalues which is another thing.
hero member
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February 21, 2024, 04:18:48 PM
#25
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.
Currently, conditions have not yet entered the bullish era which has actually occurred, so it is still like Bitcoin's efforts to switch from beairsh to bullish. So the point is how do we optimize what we currently have. Incidentally, currently the price of BTC has turned enough that it could be one of the moments to buy again to hold until the next bullish era.

However, basically we must always be prepared for all kinds of market conditions. Biak bullish and bearish era, everything must be taken into account. So that we become better prepared and not careless when something unexpected happens. At least with thorough preparation, we can still look for various profits in it.
sr. member
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February 21, 2024, 03:37:07 PM
#24
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.
Some people had the opportunity to invest when the bitcoin price was still kind of low, but they didn't. Most of them were scared that bitcoin is going to dump more. When bitcoin dropped to around $16k, I had a friend who didn’t invest in bitcoin. He was saying the bitcoin price was still going to dump more. He told me he would be buying bitcoin at $10k. The person told me he had started investing in bitcoin and regretted not investing when bitcoin was at $17k. He started investing in bitcoin because of the current bitcoin price movement, and everyone is talking about the bull run, so he doesn’t want to miss out, but he has the opportunity to buy at a lower price, but he refused.

My advice is that as you are targeting to sell your coins and make a profit also start planning for accumulation.
After a bull run, there is always a bear market, and that’s the best time to buy bitcoin. We can just divide our money and start accumulating gradually. The mistake most people make is that they always want to buy bitcoin at the bottom, but when investing in bitcoin, we should know we can’t buy bitcoin at the lowest price, and that’s what most people are always waiting for till they miss out.
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February 21, 2024, 03:13:05 PM
#23
Good advise op, I believe those that used this bull run to sell their coins to make a huge amount of money will surely save some money that will help them to be part of next bear run, so that they will be part of another bull season again.

I know that some people use this season to know how real the decentralized investment is to those that have the knowledge of the investment and, it will bring so much money to those that will increase their capital when another bear run begin because there will surely be bull run when investors will release their coins to make profits
hero member
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February 21, 2024, 02:36:42 PM
#22
You said well, but not everyone has this much of good luck that they buy BTC in the bear phase or in the accumulation phase. People like me might not have sources to avail this opportunity in the bear phase, or we might not know of it, most of the people talking about investing in BTC at the current time are newbies, and they are interested because they are seeing other people making money, these other people are those who made investment in the bear phase. These newbies investing now, or investing late will provide liquidity for the old investors to exit the market.

This is how the market works, and don't forget El-Salvador bought BTC when it was around $50k, and at the same time, they accepted it as legal tender as well. So, they also have thought they picked it in the lowest, while from that price it went to $16k as well. So the pressure of holding funds that are making you huge loss is a big one, and holding in itself is really not an easy task, my average buying is around $28k and I can say that buying BTC at the bear market is a big benefit that one can get, but if some did not get that point then they should be more careful while making investment and I think it's still a good time to start making investment in BTC via DCA.
sr. member
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February 21, 2024, 02:32:52 PM
#21
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.

I think it's people that don't understand Bitcoin that buy only during the bull run. It's so obvious to see that the best time to buy a thing is when the price is low, so you can sell it off at a profit when the price appreciates. They don't believe in Bitcoin, they just want the profit and this makes them lose more profit.

I remember telling someone who was complaining about how altcoins have made her lose so much money to just stick with Bitcoin and she said Bitcoin won't give her much profit in the short term.
That can be true, but from November last year to today, Bitcoin has gone up about 44%. Now imagine having your investment go up 44% in about 4 months.
Whenever we see the price of Bitcoin dip, we should see it as an opportunity to accumulate more Bitcoin at a lower price, because what is certain is that the price will always go back up.
sr. member
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February 21, 2024, 02:28:07 PM
#20
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.
Maybe there's a misconception with some people because maybe they believe during the bull run for them is the best time to buy, forgetting that they are buying it at a high price, the bear run is absolutely the best time if you want to make profit, because it's more affordable at that time.
The bull run come with its own mesmerizing feeling, so a lot of people try to catch in during the bull run, maybe because they do not have experience on how the market works or it can actually be because of FOMO as you've rightly put OP. however they will make profit but not as much as it would have been if they had bought it during the bear run.
hero member
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February 21, 2024, 02:05:57 PM
#19
I have made similar advice in my previous responses as best time to accumulate Bitcoin is during the bear market and whales would have already accumulated it by now, though the current price is not a bad option but the profit margin would have been huge had they invested into Bitcoin an year ago. If I had to invest into Bitcoin now I would have rather waited for a market correction before or post halving (Currently I have doing DCA for a while and it has worked like wonders). Still there are chance to invest into Bitcoin and make profit as we are yet to enter the bull run but just the matter of profit margin which we will get by investing now verses someone who have invested last year.
sr. member
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February 21, 2024, 01:48:51 PM
#18
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.

This should be the best method to use when buying bitcoin to get a lot of profits in the future. A lot of people have made mistakes of buying bitcoin when it’s on a bullish trend hoping that they don’t miss out on that bull state. Those type of bullish signals don’t always get you the maximum profit needed as related to those that have invested earlier when the price was still lower. DCA method still remains the best method to accumulate bitcoin for the future, with DCA, you can accumulate as many as you can’t do when you want to buy at once when that news of FOMO hits the market.

Quote
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.

The longer the time it will take for some investors to get their profit out of bitcoin discourages some of them not to invest earlier in bitcoin until the time for bull run is fast approaching. Getting to invest in time is the best as you will not feel the burden of taking a huge some of money at once to put into bitcoin investment. Investing some part of your money into bitcoin without keeping count of it will make you be in awe when you find out how much you’ve accumulated over the years. Stick to DCA for a seamless profitable investment in bitcoin.
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February 21, 2024, 01:47:16 PM
#17
This is a really good topic to discuss you started OP, indeed the best time to buy Bitcoin is the bear market where many of the investors can accumulate a good amount of Bitcoin from points to points. We should always keep an eye on the buying opportunity and never miss this as we know that we are all very close to the bull market and hopefully this bull market will prove a very golden chance of making a good amount of money.

Besides all that, the Halving event is on the way so we may see a good correction very soon in the market DYOR. We must be ready for the coming correction and prepare our funds for coming buying because if we miss that opportunity of buying we would not have any other opportunity of buying before this bull run. Stay tuned to the market sentiments, movement, and news so that we can have an idea of the coming move of the market. we keeping an eye on all that we just have ideas because predicting 100% accurate market is impossible. The point is that we should be ready for coming buying which may occur very soon what do you guys think? Must share your opinion on it. Many Thanks!
sr. member
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February 21, 2024, 01:22:47 PM
#16
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.

Well that's that then. Just stop there. I mean just use the DCA method to buy and hold and don't forget to monitor the market price chart regularly.
People who buy when the price is increasing are triggered by hearing that Bitcoin is increasing so they try to buy before the new ATH is reached.
In my opinion, people like that only use a short time and don't want a long time to store Bitcoin in their wallet.

We are different from the character of the person I think it is. We are more interested in collecting Bitcoin regularly using DCA which doesn't think too much about the price as long as the price is below the previous ATH or does not reach the latest ATH price.
Maybe they don't really care or are busy with other work so they use information about market developments to buy Bitcoin. If they think the times are close to a new ATH, they will move to buy. CMIIW
hero member
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February 21, 2024, 01:22:16 PM
#15
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 bear market.
hero member
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February 21, 2024, 12:55:25 PM
#14
Buying Bitcoin during the bear market should be more appealing than buying when the bull run is already around the corner.
This is true.

But you can't stop people if they are just active during the bull run and that's the time they're going to start accumulating. They don't want the market to be so slow and it doesn't encourage them to buy at that time.

If they want to have some more and maximize the potential of the bull run, they should prepare it long ago including the accumulation during the period of bear market and I agree.
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February 21, 2024, 12:34:30 PM
#13
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.

There is no trust in Bitcoin market else bear market shouldn't come now but it's when you don't expect shit to happen, that's when it do happen. I was reading some news yesterday and I came across Michael Saylor statement yesterday when asked about how he intended to sell his bitcoin and he responded that he doesn't plan to sell, he will continue to buy and then I remembered the last bullrun how Elon was gingering everyone only to go sell more than half of his Bitcoin before the dump.

What is the message I'm trying to pass, this centralized investors are buying all the bitcoin and encouraging everyone to hold and not sell but deep down, I know they are going to sell and give some excuses like saying his company is about to liquidated and needed some cash flow to keep it alive and this will bring another bear market.

Halving is here already and that's what is keeping this price, once it's done, expect some sell pressure, I have my plans on me but I will advice, there is nothing bad in selling if you are in profit or sell half and hold half.
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February 21, 2024, 12:30:55 PM
#12
We can encourage people to buy Bitcoin but we can't force them to follow us to do the same thing. Buying Bitcoin or not buying Bitcoin is a personal decision because some people can not be convinced easily and will trying to deny it. Even if they see the price is at the lower price, that doesn't make them want to buy Bitcoin. Moreover if the Bitcoin price increases.

Bull run will comes but we still have a chance to accumulate more Bitcoin before that times. Many Bitcoin investors already bought Bitcoin at a lower price and now, they can smile seeing Bitcoin price increase to $50k-$52k. Sooner or later, Bitcoin price will be back to last ATH and will reach new ATH.

At that time, people who doesn't buy Bitcoin will regret because they don't follow the advice from us. But they still have time to invest if they want altough the price at that time is not at a lower price. Maybe they need to wait gets another correction because after the ATH, the price can get down deeper. That will be their time to buy Bitcoin if they are sure with Bitcoin.
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February 21, 2024, 11:59:57 AM
#11

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.

Good observation, OP. Honestly, many investors are not thinking of the bear market currently; they are thinking of the bull run and how they will make a profit from Bitcoin during the period of the bull run. Idea of Starting to plan earlier for the bear market is the reason why many investors have always found it hard to accumulate more bitcoin during the bear market. Due to all their plans being based on how to lavish the money they profit from their Bitcoin investment, they always forget that Bitcoin should be a continued investment,and buying at cheap price lead to more profit
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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.

For individuals who aren't committed to holding onto their Bitcoin investments for extended periods, the optimal opportunity to gather more Bitcoin occurs during a bear market. This period, characterized by declining prices and pessimism in the market, offers the chance to acquire Bitcoin at lower prices, potentially resulting in greater profits when the market eventually rebounds. Utilizing the Dollar Cost Averaging (DCA) method during this phase can prove highly advantageous.DCA involves regularly investing a fixed amount of money into Bitcoin over time, regardless of market fluctuations. This strategy mitigates the need to time the market accurately, as it relies less on luck and offers a more secure approach to accumulating Bitcoin over the long term.
full member
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February 21, 2024, 11:01:12 AM
#10
This can simply be the round up quote that the "inexperienced investors makes the experienced investors rich". I've got to understand that crypto bull run happens after a periodic cycle of 6 years, then bear market follows gradually resulting to all coins to fall to their lowest point and remain like that for another 6 years cycle again.

Yes the bull run is within the corner because the crypto market has been dipped for the last 5 years so, crypto market is expecting to experience another ATH by 2024/2025 respectively.

The inexperienced investors will rush into market thinking the bull continues not knowing it doesn't last at ATH after the rest will be retracement.
full member
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February 21, 2024, 10:31:52 AM
#9
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.
They say that the earlier the better, however some people refuse to believe the proverb. If not be say some people's are lack of investing experience does not guarantee that a person who wants to invest against bull runs and refuses to acquire bitcoin at the proper time what the the person think it will happen at the end of the day. It's a good idea to do something better before the deadline. Because he refused to buy bitcoin while it was still at a cheap price until it rise up, you realize that you want to acquire bitcoin against a bull market. which I don't think these will be enormous earnings for you, Because even if you buy a Bitcoin and is small amount, even if the bull runs come you will not make a significant profit.
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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, it's nice that you have some experience with Bitcoin investment before introducing yourself to it. I believe you will have less problems now that you are aware of the hazards. Because that is the most serious issue that some individuals are suffering since they are know waiting to develop knowledge in how to secure their coins against bull runs, while others are unaware of the actual period of time in which they can buy Bitcoin and earn large profits in future.
legendary
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#SWGT CERTIK Audited
February 21, 2024, 10:05:51 AM
#8
Haha, OP well that's a fact, now the price prediction and Bitcoin accumulation thread are the hottest topics on the forum, but this topic is really what I have been waiting for a long time, like can create this topic by myself but putting an opinion and creating a whole thread both are different approaches and I prefer to put view first before discussing the topic but after putting my view based on reaction and feedbacks I can create a topic on it as well.

Anyway sticking to the topic, as accumulation is important for healthy profits the exit plan is 2x important to secure those profits, and TBH accumulation is not a hard job the most skillful and hard job is the exit plan, if you are good at the exit plan you can enjoy a way better accumulation in the next cycle. Because not booking profits on the tail end can be a big loss, and to ensure the heavy bags filling for next you need funds which are going to be obtained from the exit plan. So work on it and even start working on it right now. You never know in crypto market.
hero member
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February 21, 2024, 09:37:14 AM
#7
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.
There are people who don't have good investment advisors; they rush to invest as soon as they see prices going up. They don't try to study the market and know if it will continue or if it will drop again for the time being, but rather they rush to invest what they are not willing to hold for long and expect the market to continue pumping the way it was before the dive into the market.
 
Most of these people end up losing money as a result of the price of bitcoin not performing the way they want it to perform as of the time they predict it to hit a certain price, and when the money that is invested in it is needed for something else, they end up selling it at the wrong time, which they will record as losing rather than making profit from the market.
hero member
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Leading Crypto Sports Betting & Casino Platform
February 21, 2024, 09:02:17 AM
#6
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.
Buying Bitcoin in a bear market is not always good and if you buy it at a start of bear market, you will buy it at very high price that is not too discount from all time high price. You can buy bitcoin in 2021 or 2022 with price is about $40,000 or $50,000 and it is not different too much than buying it in 2024.

Best time to buy Bitcoin in a bear market is after you see a bear market already lasts about 1 year and some more months like 1 year and a half or 2 years. It will help you to buy at cheaper price and save your waiting time for a next bull run.

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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.
I think it is still good to buy bitcoin if you believe it will break $70,000 and make its new all time high in 2024 or 2025.

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.

I don't also doubt your position that there is still room to buy at the current price and I encourage people who want to buy to do so. Some people might want to buy now because they didn't have money to buy when the price was low, this is understandable. The post is just a reminder that we should prepare to start accumulating instead of waiting for another bull run.
full member
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February 21, 2024, 08:46:38 AM
#5
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.
Buying Bitcoin in a bear market is not always good and if you buy it at a start of bear market, you will buy it at very high price that is not too discount from all time high price. You can buy bitcoin in 2021 or 2022 with price is about $40,000 or $50,000 and it is not different too much than buying it in 2024.

Best time to buy Bitcoin in a bear market is after you see a bear market already lasts about 1 year and some more months like 1 year and a half or 2 years. It will help you to buy at cheaper price and save your waiting time for a next bull run.

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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.
I think it is still good to buy bitcoin if you believe it will break $70,000 and make its new all time high in 2024 or 2025.
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Eloncoin.org - Mars, here we come!
February 21, 2024, 08:21:53 AM
#4
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
hero member
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DGbet.fun - Crypto Sportsbook
February 21, 2024, 08:13:38 AM
#3
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.

Thats true and you're right about the perception, people want to take advantage on the current market to invest and hold before the bullrun begins, some even believed that it's likely that we have started the bullrun already, but we still have a little more steps closer to it since we are a bit more far from the all-time high of $69,000 and considering also that halving a getting more closer, they wanted to invest before halving.

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.

The world current economy is not encouraging, so the alternative most have in making an investment is bitcoin because its far better than any other form of an investment as at now, what people can get in bitcoin is much better than what other forms of assets could give on a short- or long-term basis.
legendary
Activity: 2254
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Playgram - The Telegram Casino
February 21, 2024, 07:47:18 AM
#2
Buying Bitcoin when there is no fomo and it comes with a discount is the best investment advice, but people don't do that. In my circle of friends it happens every cycle;

• Bitcoin price drops, and they start trolling the holders that have been vocal during the last bullrun
• As the bear market continues, no one talks about it anymore,
• When the bullrun start rolling around again, the attention and focus shifts back to it and people start talking about it again,
• This continues until the bear starts coming around again, and the trolling resumes,
• Repeat.

The talk and traffic pulls demand along with it, so its during those times when it starts to become expensive that people get interested.

This is not a bad investment option, from the current Bitcoin bticoin can do a 100% and anyone who buys now profits, but they could have got it for much cheaper a year or two ago.
hero member
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Leading Crypto Sports Betting & Casino Platform
February 21, 2024, 07:30:39 AM
#1
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.
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