Topic: take advantage of opportunities (Read 942 times)

Speaking of risk, there is no investment that doesn't pose any risk, just that some assets of investment have a lower risk level than Bitcoin. Normal investing in Bitcoin is even less risky than investing in some altcoins that you don't know if they can just die off any time soon. Another very risky aspect of cryptocurrency is carrying out trading. If you are a trader, there is a possibility that you will definitely experience losses, even if not repeatedly, but there is a chance that if you perform up to 10 trades in a day, all of them will not be successful enough to yield the profit you expected. Although traders make some profit while trading Bitcoin, but I believe that it's also more profitable and less risky if you buy your Bitcoin and hold it in a self-custodial wallet until the bull market comes.

I really love the fact that Bitcoin gives us investors lot more opportunities compared to regular financial market assets. Its massive advantage. When price is very volatile and markets are open 7/24 its obviously easier to make money. But it's all up to taking risks. Before meeting with Bitcoin myself, I didn't really like risks to be honest. But now Bitcoin taught me how to take a risk, how to adjust my position to risk and make profits through it. I will be trading Bitcoin forever.

It's pretty simple mate, because if you have a specific target set up then seeing seeing your balance reduce won't be any problem because you know that's not going to be the value of the wallet for long, because it's just the market which is acting on your wallet but you will only have this fear when you plan selling it on a daily basis because some cases when you want to sell you might be greatly affected by the reduction in price. Well as a holder planning on saving coins for long, this should be a time of joy because you can use it to your advantage and gather more coins to your wallrt.

I think Bitcoin has good prospects in the future, a good opportunity if we can buy at a cheap price, and when the dump price is more than 5% then it is a good opportunity to buy more because the bull run will soon happen, and if we have bought then Don't panic easily when prices drop.

Many of us thinking we would have invested in Bitcoin some years back would had made the same mistake that those that heard about Bitcoin did because Bitcoin was still very new and didn't have a history we can look out to determine if it'll be a good investment but now we can look some years back and see how far Bitcoin has increased in price which motivate us to invest because we know Bitcoin will increase again. Many individual will still miss investing in Bitcoin this year and will regret in future.

If we want to make profits as other did in the past, we have to see every dip as an opportunity to invest into Bitcoin, while others are panicking and selling we should be buying through dollar cost average and holding because Bitcoin always gets a new all time high in the next bull market that's coming after Bitcoin halving happens next year.

An opportunity missed now will be considered a loss opportunity to be seen back in the next bear market that will happen around 3 to 4 years from today if we are to see bitcoin price fall to $25k or below(depending on the fate of the crypto market by then)

Someone who can't wait till then should at least utilize this opportunity to open for them to buy bitcoin at a low price and sell at a high price since the halving season that will give rise to the bull run is close by. Visualize buying bitcoin at a low price of $27k and selling off at $100k or above.

To be able to achieve success, we must be able to take advantage of existing opportunities and take risks and we must truly understand this so that we are not wrong in determining the choice we will choose. I really agree with you that it is never too late to start this because we we can learn it slowly and the most important thing is that we do it consistently so we can get maximum results from what we have done.

So many people had these same opportunities years back to make an investment in bitcoin yet they are maybe afraid of taking risk, some couldn't take their time to study and research on what this digital currency could contain, we are placed by divers development each season, if you can invest today, then it's never too late to do so, also we need to have patience with the way we hodl the crypto investment made, life is not about rush, we need to give every investments time to mature for profitability.

I think this is the right moment to make use of this opportunity as the price is hitting up by the day, this is a step up for the price of Bitcoin to get to $30k before the end of this month. Nobody saw this coming especially the current price which is $27k, it went up to $28k and back down to it's current price and I feel is not yet the moment to climb to $28k.
It is now or never and for those investors who have been patience since the beginning of August when the price was drastically dropping, is time to make a move or better still keep waiting don't panic yet for the price will still hit the roof of $30k.

Not all people does have the patience
Not all people do love on sitting or simply idle
Not all people would really be just liking on seeing opportunities to slip away
Not all people would really be that liking on making profits on a very long time.

This is why they would really be opting on dealing with the market on most active manner on which some could be able to handle or bare it out and some couldnt really just do it. It would really be totally varying
since not all people would be having that kind of tolerance when it comes to risks. Risk takers are the ones who would be mainly be making more money but ofcourse they are the ones who are really that prone to such risks. The advantage on this one is that you could potentially earn more compared to those who do simply make some holds and this is something that in between in terms of difference between holders and active traders.
Some could bare up with the risks and some just couldnt. So it would really vary into each person.

OP Are you still buying bitcoin at this time despite the fact that its price was higher one month ago, compared to today's price ($25,680k)? If you're still hodling bitcoin, you're actually in the red right now. There's nothing to worry about because, in my opinion, you must have been saving your bitcoin for a long-term purpose. In the same manner, individuals who buy Bitcoin when its price was $30k.

The fact that no matter how much its price decreases, it will undoubtedly soar over the price it was when it was purchased, makes bitcoin investment stand out as the ideal investment to have.

Buying and holding could be the easiest way to make money and yet people are not using it for some reason. I mean you do not need skills, you do not need information, you do not need to study for it, you do not need to learn technical analysis or fundamental analysis, no indicators, no charts, no lines drawn anywhere. You just go buy some bitcoin and hold it.

This is so simple and yet people still do not do it, no idea what the reasoning is behind this, like why they are not just buying and holding, why do they feel like they have to do something more to make money but they still do it and they shouldn't. The biggest amount of money I earn has always been from holding, and I bet that it will stay to be like that.

Have you done it, or have you prepared a budget to do it but haven't done it rihgt now?
Many of us advise people to take advantage of the current downturn in the market, but some of them don't do it out of fear. This is not strange to me because in fact not all of them are bitcoin investors but only invest and trade altcoin.

After all $100k to $120k is not going to be reached any time soon. Bitcoin needs a lot of budget to cross $100k, which means it needs large investors willing to buy continuously which in turn can make demand higher than supply. $100k is achievable after the halving, but for the same reasons.

Taking opportunity while the market is on dip or on that kind of situation or condition on which it would really be that ideal that you should really be taking step forward on accumulating while the market is on reds or on
corrections or really that on the floor. It really just turns out that they do become that idle or something that become observant about the price.Instead of buying because of that extreme red, they do hesitant
on doing so because they are thinking that the price might go down anymore which it is really that common that us people would be always be having those thoughts behind our heads.

A very casual thing on which this had been the most common behavior of a certain person on which on the time that the market would really be showing up with those green candles then this is the only time that they would really be making out such action for them to accumulate and buying out without even trying out to do such thing earlier on which this is something that it is ideal. Buying low and Selling high might sound pretty basic
but this is something on which most people would really be failing on doing so just because they cant really be able to know on when is the right time on doing that. Due to volatility then it is really that
always a challenge on how you would really be making yourself that able to do such thing.

This is the optimist view of the market and the best way to buy low and sell high. Instead of being sad that Bitcoin has been down from its highs, you have to see it as an opportunity to get your hands on more sats easier than it would be at higher prices. Don’t be the guy sitting on the sidelines to FOMO buy when we hit six figures.

Of course, don't missed opportunities. We must take advantage of the opportunity. Because opportunities don't always come. We have a huge opportunity now, because we all know that Bitcoin will be worth 100k to 120k in the near future. And currently the price of Bitcoin is below 30k. In this we can easily sell 30k worth of bitcoins up to 100k, that is, it will give us three times return. We may not get such a golden opportunity again, so I will never miss this golden opportunity.

Various profit opportunities will never be separated from the level of risk, this will always be side by side, but maybe you can make the risk a little with some ways that you think are effective. Bitcoin does look very profitable, but you also can't if you are too forced to invest, if you have enough money or I mean money that you don't really need then you can start from now, and don't force it like selling some of your other valuable assets just for bitcoin, it's not healthy. Like you said, use your best method and if you are looking for a good time to buy, I suggest now is a good time. Bitcoin is experiencing a correction in price decline, if measured now the position is equivalent to the trend line and there is already a doji candle formation (reversal), soon I believe it will go back up, so I say once again now is a good time for you to buy or increase the previous amount.

Right, no need to overdo it, I understand you want to make a big profit but also look at the risks, use money that will not be used and also DCA is a good option to choose, it will be useful to minimize your losses and you will be safe and comfortable using that method.

Yes, this is the time. But whatever it is, you still have to think about and consider the risks that exist even though you believe in the good potential of Bitcoin. Currently bitcoin is on a dip, while last month $25k was really strong support. So this support and resistance will shift as market sentiment and trends change, as a result you have to prepare a second strategy for that.

If you want to invest in bitcoin at this time, then do it as wisely as possible. You don't have to buy it blindly without any consideration, I mean you need to do DCA as a precaution if the bitcoin price continues its down trend.

The current price recovery could be a trap as well and as soon as people start buying, it might dip again. I was honestly expecting the dip to go deeper but somehow it didn't, and that is the reason why I feel like this isn't really the recovery that the market is looking for and it can take a U-turn at any given time. So, as you said, those doing DCA must not really have any problems but if someone buys all in, they might have to rethink their decision.

Patience is obviously the key to gaining an upper hand in the cryptocurrency market, if you are a panic seller and someone who reacts very quickly in situations where the price drops just a little bit, you will most likely lose more money than you might gain from this market because it requires a lot of patience.

If you have the funds to purchase Bitcoin at the current price or the quantity you need to accumulate, now is a great time to do so. Due to the challenges that Bitcoin's value is currently encountering, the values of cryptocurrencies are currently fairly bleeding. This is what is referred to as and is believed to be the ideal time to buy in the market, so let's seize the chance. And instead of just concentrating on one currency, we should also pay attention to other prospective altcoins, like Ethereum, Binance, and similar coins that are also wise investments because you know they will follow the price of Bitcoin. So, don't concentrate on a single egg.