Topic: take advantage of opportunities - page 5. (Read 857 times)

It seems that the majority of us who are in the process of accumulating bitcoins are definitely taking advantage of this opportunity. In fact, I personally have installed purchase entries at each decline point, starting from the 28th to the 22nd price level. So that yesterday's decline automatically made all of my average down entries filled properly up to level 25. Only purchase entries remain at levels 24 to 22 at this time . And if within a week bitcoin is not strong enough to return to the positive trend then we have to prepare for a further decline to level 24. And once again we have to take advantage of it again with the DCA strategy or with Average Down. But for those who are used to daily trading activities, I personally prefer not to enter in a hurry. But if it's for long term investment then continuing to accumulate with DCA is the best step to take now. DYOR

Always DCA if there's the opportunity on buying cheaper coins which this had been always that recommended but since people do always love on finding the possible bottom then they might really

be still waiting for 25k or even lesser which it is something that shocking because we do really always love on looking or finding the bottom.  If you do have the funds on investing with the current price then go for it and we might be not able to see these numbers again as we do go forward or nearing about on the halving event.This is why its always ideal that you should be taking some advantage on the time that the market or the community is really having those panic on selling out their choices for cheap and its not really that something new.

We would really be always that having that natural emotion on seeing these sudden declines or dips.There are ones who do able to hold their positions but there are really
ones who do easily get panic or becoming that impulsive in times like these.

It was a great opportunity indeed, especially for those who haven't started yet but in my case, I have already reached my limit and I can't buy anymore but just watch it.

Well, the situation has been surprising really as we never thought this would happen as what we usually think about breaking the $30k. Unfortunately, the dump had come again and made some people think negatively and panic selling happens again. Pretty usual, yet we must know that was wrong so instead of selling, we take this as an option supposedly to buy more.

This what called as panic decision.
Not everyone does. But there are some people who easily panic in the face of a case, incident, or a situation that is quite surprising like this. This is the danger when someone invests in crypto, especially Bitcoin, but doesn't really understand Bitcoin market conditions, doesn't understand how the Bitcoin price is. will be volatile, and how to react wisely to the market and well-emotional management. Because after all, emotional management is very important, for the sake of our mental health when investing in crypto. When we panic easily, yes this is what will happen, we will easily decide to sell Bitcoin at a low price for fear that the Bitcoin price will continue to drop. And finally closing the account with disappointment and creating a mindset that crypto is only detrimental.

It is not necessary to wait for a DIP, You can have a strategy that works for the various "panics" that occur in the volatile bitcoin market.

That is to say, it is always typical to read this type of message in "critical" market situations and start to get creative in what actions to take, when you should simply be putting into practice what you have thought about what to do... which It is not necessarily buying, you have to anticipate each "%" in the bitcoin price long before it happens, that makes you make the right decision in the strategy that you have already well thought out.

It is rare to see Bitcoin crash like this nowadays, so it is a no-brainer that we should take advantage of this opportunity. Imagine if we get in this price range a month after BTC started to show recovery and after a halving bullish trend takes place, it would be a huge profit when Bitcoin breaks its ATH and we happen to sell at those prices.  We can then reaccumulate after the market transition to a bearish trend.


Sadly there is always a weak hand among the holder and they are always the first ones to sell once the market become unfavorable.  Little that they know, they don't lose anything as long as they don't sell at a loss.  

This is artificial manipulation of the Bitcoin's price from someone named Elon Musk, he has sold $373M of Bitcoin holdings of his company SpaceX and that's the main reason behind the highest level of dump that Bitcoin faced. When Elon dumped the price of Bitcoin by rush selling that high value of bitcoins then many weak hearted investors also sold their holding for cheaper price mark and that further enhanced the intensity of the dump.

The ones who are selling their Bitcoin for cheap rate will regret their decision when they see the Bitcoin's higher price mark once again in upcoming few days. And, at this time many people who would like to invest in Bitcoin got a best opportunity to invest some money into it, and the accumulators will try their best to accumulate as much Bitcoin as they possibly can.

Many people will take advantage of this opportunity without any doubt, but they won't announce in public that they have bought Bitcoin when Elon dumped its price because those people would love to keep their investment as secretive as possible. The ones who accumulated Bitcoin at this price range would sell it when Bitcoin's price gets higher than $100k during the next halving event. I would say once again that weak hearted people who are selling their Bitcoin right now will regret for their mistakes when they see the $100k price mark of Bitcoin during the halving event.

This is undoubtedly an opportunity for us to focus on, however, going all in is not a good idea. You should buy in parts as this is currently being driven by dollar strength and there's more to come if I'm not wrong, so deciding some support levels by looking at the charts will definitely help you to do it like the DCA guys do, so that the opportunity remains intact as you'll still have funds to purchase more when it gets more bloody red. 😈

Doing consistently is the best you should do, Budget management for buybacks needs attention and you certainly don't want to be left behind when the market experiences a deep decline. it's a good opportunity to start collecting.

Market conditions are still pretty bad, with the drop to $25k-$26k being the low point this August.
But we will see a quite significant reversal once the bear market is over.

I also applied to DCA, this is an opportunity to get a lower price.
The panic of everyone selling Bitcoin is my opportunity to add more and more assets and cheaper, We just need to endure it.

It is interesting to observe the current dynamics of the Bitcoin market and how price fluctuations can influence investor decisions... many people new to investing in bitcoin would relish when its price drops. Taking advantage of opportunities in moments of volatility is a strategy that some investors have found successful in the past.. But for my part if more than leaving my bitcoins and hoping it goes up and that it is really worth selling, clearly I cannot advise what I do to all people. Well, it must evaluate its own risk profile and take into account your financial objectives, there are several that probably take advantage of the fact that they can buy and sell at 30... or wait for it to drop a little more, as I say, I am not scared and I am surely sooner or later it will end up raising its price

The trader should keep some free money for the investment for the future,because we completely don’t know.When we get emergencies,suddenly your father may get a stock and you will suddenly suffer to get some money.At the same time your money may affect with the another health problem,So if this happened at a same time.The only thing you get is huge economic burden at a time.Then you are force to get the loan with huge interest.When you get loan with big interest at the emergency,you will get into big debts.

Yes - as long as I still have the budget to invest, then I will consistently do it. I've been pretty consistent so far when it comes to investing in bitcoin - so I can't say no to accumulation when I see the market dump that much.

Current market conditions seem slightly better than yesterday - but I have to consider the bigger swings due to panic as DCA is the rule I need to set as the leading strategy right now. If I do - then what about you?

I also think take advantage of opportunities for everyone. It also best Opportunity to us.  I Don't want to miss this golden opportunity. Now huge dumped Bitcoin price. Now Bitcoin price is $26k. Today bitcoin price decreased 8%. So i think it is best time for buy Bitcoin. Now who will buy Bitcoin and hold it he will must benefited within short time. Bitcoin ATH was $69k abd now $26k so i think in future Bitcoin Price again Hit that ATH. So who will buy Bitcoin now when Bitcoin price will touch taht ATH he will be 3x profited. So i will tell everyone  to take advantage of opportunities.

Really? That's not my guess bitcoin to $12K low.

My assumption is a guess and very wild if the lowest part is $12K, but we never know what happens later the price of bitcoin is already in the range of $16K at the lowest and my current assumption is that it is unlikely to return at all, but this is just my feeling.

The Covid-19 pandemic ends in 2022 not until 2023, now it can be said that the economy is recovering enough from various sectors.
If you have the funds buy BTC now when it goes down, not low risk but maximize the opportunity.

There are always different opportunity for us to buy and hold any amount of Bitcoin that we wish to buy in as much as we have the capital to do that. If we have the fund to accumulate large number of Bitcoin, this will be a good idea because the market is still struggling for the bull run and when that time comes when everything is going to bullish, we all going to be making some good profits from the market even does the price is not stable for now.

 Those who had been in the market before now will understand more than those that are just in the market which have not lasted up to 5 years. There is time for the bull and also time for the bear so we need to understand the two concept so that we can take opportunity of the difference phases of the market.

I'm kind of shocked when I saw the bitcoin price earlier. It was too early in the morning and I am supposed to sleep again but when I saw the prize on my phone I checked my portfolio right away. I had a $28,550 buy order but I am also supposed to have a $25,500 buy order and I thought there is no need to set an order since it might not happen easily. I only managed to buy at $26k+ since I did not catch the $25k level.

Congratulations to those quick enough to buy at the dippest price. Now that the price broke the trends we are still uncertain if it touches again at $25k but we better get ready to scoop some if it drops again.

I think expectations are not the main problem but the problem is from ourselves that sometimes we cannot be wise in managing our finances or our economy.
I don't know, but in my opinion don't panic too much to sell your Bitcoin assets at a cheap price, even though it's actually up to your decision because it's your own money that you use. For the problem of daily expenses or to meet our daily needs we can still overcome it in many other ways without selling our assets at relatively low prices. Daily expenses can be minimized by saving our income only to meet basic or basic needs such as food, drink, electricity and others. Not to spend our money on what we want but don't need.
I thought that selling my Bitcoin assets was a last resort to overcome really difficult economic problems or could say I really didn't have any spare money left. But if you have to sell it cheap then that's fine as long as you don't get frustrated seeing the price skyrocket after you sell it.

People often fall for the buy-high sell-low mentality. And then blame bitcoin, calling it scam and a fraud ponzi scheme when the bear market comes in and they lose all their shit. Bitcoin is a speculative asset yeah, but if you know how to work around its volatile nature there's money to be had in this industry. I see some people seeing this opportunity as a way for them to bank on their investment, some are not fazed by it either because they knew this was coming, not really afraid of dumps anymore, or are practicing DCA strat so they can rest easy knowing that whatever the price point of bitcoin is they'd be able to bank on it nicely. It's all about the timing and how people perceive dumps. Good investors break away at the first sight of a price decline, great investors assess the situation and buys when he knows it's opportunity for him.

Yes, I agree with you about lucky ones still having funds to buy more as the price keep going dip, because that's why it's always good to diversify one's portfolio, so as to take advantage of opportunities such as this current fall in the price of Bitcoin. Because I just made a check on the chart now and noticed BTC is currently at $26,174 at the time of writing this post, with lots of red signs showing the number of people selling their coins far than the people buying now, as many still believe BTC is going to fall more than this. But however, lets wait to see how it goes.

I think the folks that are actually selling their coins now are those that don't know how the market works and don't have proper planning to HODL their coins. I think in a situation like this the best thing to do is to actually HODL your horses and start buying more coins because we are very certain of the market going again, for me it's just a perfect window of opportunity to buy more.