This is why we don't know what is the "bottom" of the price, people usually say buy at the bottom and sell at high price, but most of the people who suggested this doesn't know how to determine if the price reached the "bottom" phase or "top" and that's why you have to use strategies and indicators available so you can make sure what to do next. Or just do DCA and forget about the price after that wait for few more years for profit.
And that is the problem, we do not know where the bottom or the top are until they have happened already, is 15k the bottom of the bear market? Who knows, maybe it is but maybe the price could go down again and reach a lower price, only once the bull market is already present we can tell where the bottom was in a precise way, but by that time such information is useless, so either traders learn to accept this reality or they will forever look for something which is almost impossible to do, which is to buy at the bottom. 
Topic: The best time to buy bitcoin. - page 5. (Read 1041 times)
This is why we don't know what is the "bottom" of the price, people usually say buy at the bottom and sell at high price, but most of the people who suggested this doesn't know how to determine if the price reached the "bottom" phase or "top" and that's why you have to use strategies and indicators available so you can make sure what to do next. Or just do DCA and forget about the price after that wait for few more years for profit.
But again, I don't want you all to be bearish on bitcoin or selling it. For most people, DCA is enough to survive this crypto winter, but if you want to invest a lot of money in bitcoin, then I think it's better to wait until the signal we talked about.
BTCBTCBTCBTC
I agree with you, DCA is a great tool for anybody looking for an easy way to add bitcoins to his portfolio without investing too much ging analysing the market. Using technical analysis for a more advanced strategy is good for anybody who has more time at hand and wants to outperform the market. When it comes to trading there is in my opinion a clear trade off between time spend to analyse the market and the return we make. Following one technical indicator is probably not enough to beat the market consistently. That's why I split my crypto portfolio in two parts, an small actively traded portfolio with around 15-20% of my coins and the rest is long term hodl portfolio. Each month I save some money to buy more bitcoins, for that I use the DCA method. Not much to worry about and my portfolio keeps growing consistently. In my actively traded portfolio I rely on technical analysis to give me trading signals.
Just another normal day on the market where if there's a good pump happening the pull down happens so I guess every red drop line happening is the good time to buy. But also proper precautionary measure should be done since even though we see a dump there are chance that it will dump for more so monitoring is vital aspect on trading since this could help you figure out the possible scenarios that will come.
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The market has had swings during February, but I believe this is not bad sign for bitcoin as basically the price is just looking for new support before going high. I think correction is needed as that would only provide good opportunities to buy some, and now is the real time to take advantage. I'm trying to get some optimism about the February move, but some FUD have affected the interest of traders and investors I think.Investing now or later is the same, but of course it's a good opportunity to buy because the price is still low. If anyone wants to invest long-term, then I think this is the time.
My prediction was also sideways, and it was funny to see a lot of people right now again ranting or murmuring their losses in bitcoin, as for sure when the bitcoin starts to rise, they already bought, though this is really part of holding as it is early to conclude, so I do hope they can hold more time than panic sell. This is really a correction, but I expect that it will break its resistance sooner; it is just some sort of testing the resistance to see if it would be easy to break.
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The market has had swings during February, but I believe this is not bad sign for bitcoin as basically the price is just looking for new support before going high. I think correction is needed as that would only provide good opportunities to buy some, and now is the real time to take advantage. I'm trying to get some optimism about the February move, but some FUD have affected the interest of traders and investors I think.Investing now or later is the same, but of course it's a good opportunity to buy because the price is still low. If anyone wants to invest long-term, then I think this is the time.
There are always golden opportunities to buy Bitcoin. Bitcoin investment can only be done properly if you have wealth because the price of Bitcoin keeps going up and down all the time. Bitcoin price is hovering between 20k to 25k in February and investors are just waiting for a big bull run. So if you have the resources you can always hold bitcoins for a long period of time. Because the price of Bitcoin will definitely increase in the future, many experts predict that Bitcoin will halve around 2024, so I think now is the best time to buy Bitcoin.
The market has had swings during February, but I believe this is not bad sign for bitcoin as basically the price is just looking for new support before going high. I think correction is needed as that would only provide good opportunities to buy some, and now is the real time to take advantage. I'm trying to get some optimism about the February move, but some FUD have affected the interest of traders and investors I think.Investing now or later is the same, but of course it's a good opportunity to buy because the price is still low. If anyone wants to invest long-term, then I think this is the time.
There are always golden opportunities to buy Bitcoin. Bitcoin investment can only be done properly if you have wealth because the price of Bitcoin keeps going up and down all the time. Bitcoin price is hovering between 20k to 25k in February and investors are just waiting for a big bull run. So if you have the resources you can always hold bitcoins for a long period of time. Because the price of Bitcoin will definitely increase in the future, many experts predict that Bitcoin will halve around 2024, so I think now is the best time to buy Bitcoin.
I agree not all traders can implement buy low sell high strategy very simple to hear but hard to do, there are question in our mind when we sell while btc is at bullish momentum, what if it will continue to rise after i sell it? That is why many traders set a limitation and used stop loss strategy because crypto is unpredictable it change every moment and we need to be patience everytime because sometimes things did not happen according to what we plan or think.
It was hard for a person who really doesn't understand the volatility of the market. Well, it was not the question about how they interact with the market trend but if we can't simply follow the golden rule of "buy low and sell high" then not to wonder why they lose.
We don't let our emotions control us instead, we are the ones who control our minds and stop thinking negatively.
Actually, investing in Bitcoin is not just all about buying and selling, but also we must learn how to hold. Impatient people can't understand this but for the sake of wanting to earn a profit, therefore, we have no option but to practice it.
I think if they really know what they are doing, most traders would be quite happy right now. Why? Because it was lower, and then went higher and it's lower again, that type of volatility is something traders could make a profit from, if you are a great trader then you made a lot of money during this past month, but it is okay if you failed to do that as well.
I am not saying that everyone made money during this period, some of them failed and that is not a bad situation because sometimes volatility hurts some people as well. As long as you are still capable of making a profit in the future and not done yet, then no loss is too big to recover from, you can always try again.
I am not saying that everyone made money during this period, some of them failed and that is not a bad situation because sometimes volatility hurts some people as well. As long as you are still capable of making a profit in the future and not done yet, then no loss is too big to recover from, you can always try again.
If trading was as easy as you say, everyone would profit from it. Most people lost the opportunity because the sentiment was extremely bearish before this wave, then when people started to turn bullish few days ago, the market moved down again. For me, the best thing we can do now is to contradict the crowd, I made some profits following this simple strategy, although I don't have a lot of knowledge about TA.
the best strategy we usually adapt ourselves based on the experience we get. Market conditions can change, and experience will determine the outcome.
people with high knowledge, and also with many trading strategies also cannot always get lucky with their trades. the market situation is very fluctuating, some traders choose to hold their assets. choose to remain calm with the assets owned rather than get boisterous with the market atmosphere.
buy bitcoin when it goes down and sell it when it pumps. simple strategy but in fact, not all traders can consistently implement it.
I think if they really know what they are doing, most traders would be quite happy right now. Why? Because it was lower, and then went higher and it's lower again, that type of volatility is something traders could make a profit from, if you are a great trader then you made a lot of money during this past month, but it is okay if you failed to do that as well.
I am not saying that everyone made money during this period, some of them failed and that is not a bad situation because sometimes volatility hurts some people as well. As long as you are still capable of making a profit in the future and not done yet, then no loss is too big to recover from, you can always try again.
I am not saying that everyone made money during this period, some of them failed and that is not a bad situation because sometimes volatility hurts some people as well. As long as you are still capable of making a profit in the future and not done yet, then no loss is too big to recover from, you can always try again.
If trading was as easy as you say, everyone would profit from it. Most people lost the opportunity because the sentiment was extremely bearish before this wave, then when people started to turn bullish few days ago, the market moved down again. For me, the best thing we can do now is to contradict the crowd, I made some profits following this simple strategy, although I don't have a lot of knowledge about TA.
the best strategy we usually adapt ourselves based on the experience we get. Market conditions can change, and experience will determine the outcome.
people with high knowledge, and also with many trading strategies also cannot always get lucky with their trades. the market situation is very fluctuating, some traders choose to hold their assets. choose to remain calm with the assets owned rather than get boisterous with the market atmosphere.
buy bitcoin when it goes down and sell it when it pumps. simple strategy but in fact, not all traders can consistently implement it.
I think if they really know what they are doing, most traders would be quite happy right now. Why? Because it was lower, and then went higher and it's lower again, that type of volatility is something traders could make a profit from, if you are a great trader then you made a lot of money during this past month, but it is okay if you failed to do that as well.
I am not saying that everyone made money during this period, some of them failed and that is not a bad situation because sometimes volatility hurts some people as well. As long as you are still capable of making a profit in the future and not done yet, then no loss is too big to recover from, you can always try again.
Failing is never a problem in the market, one can keep pushing towards an achievement and failing proved that one is on the right path to achieving the single goal, it's also an evidence that you have every reason to stand up and keep trying, I can't count times I've failed to collect profits on a project in crypto, especially when they're all rising. Volatility affects the market either positive or negative, well it's very promising for projects in the space to gain massive pump when the market is moving in an uptrend direction rather regrets when it's dipping. There are countless traders in the market with every single person having their choice and entry on bitcoin, some preferred the bear season inother to gain access to bagging more pieces of bitcoin and altcoins, which will sealed them profits when the bull market comes. Bitcoin currently at $21,653.30 with more downtrends actions pulling the project to a dump. I am not saying that everyone made money during this period, some of them failed and that is not a bad situation because sometimes volatility hurts some people as well. As long as you are still capable of making a profit in the future and not done yet, then no loss is too big to recover from, you can always try again.
I think if they really know what they are doing, most traders would be quite happy right now. Why? Because it was lower, and then went higher and it's lower again, that type of volatility is something traders could make a profit from, if you are a great trader then you made a lot of money during this past month, but it is okay if you failed to do that as well.
I am not saying that everyone made money during this period, some of them failed and that is not a bad situation because sometimes volatility hurts some people as well. As long as you are still capable of making a profit in the future and not done yet, then no loss is too big to recover from, you can always try again.
I am not saying that everyone made money during this period, some of them failed and that is not a bad situation because sometimes volatility hurts some people as well. As long as you are still capable of making a profit in the future and not done yet, then no loss is too big to recover from, you can always try again.
If trading was as easy as you say, everyone would profit from it. Most people lost the opportunity because the sentiment was extremely bearish before this wave, then when people started to turn bullish few days ago, the market moved down again. For me, the best thing we can do now is to contradict the crowd, I made some profits following this simple strategy, although I don't have a lot of knowledge about TA.
It is obvious that Bitcoin is cyclical so we got a hint on when the Bitcoin will go down and when it will possibly surge. This cyclic feature of Bitcoin made it easier to those who has the knowledge of trading and trend of Bitcoin to get profit from its market through trading. Besides, holding Bitcoin is easier to get profit at the current situation than daytrading because we know Bitcoin tendency of surging after its halving event.
Trading is easy if we know the right and left of the asset or items we are trading. It will only become difficult if we do not know what we are doing.
I think if they really know what they are doing, most traders would be quite happy right now. Why? Because it was lower, and then went higher and it's lower again, that type of volatility is something traders could make a profit from, if you are a great trader then you made a lot of money during this past month, but it is okay if you failed to do that as well.
I am not saying that everyone made money during this period, some of them failed and that is not a bad situation because sometimes volatility hurts some people as well. As long as you are still capable of making a profit in the future and not done yet, then no loss is too big to recover from, you can always try again.
I am not saying that everyone made money during this period, some of them failed and that is not a bad situation because sometimes volatility hurts some people as well. As long as you are still capable of making a profit in the future and not done yet, then no loss is too big to recover from, you can always try again.
If trading was as easy as you say, everyone would profit from it. Most people lost the opportunity because the sentiment was extremely bearish before this wave, then when people started to turn bullish few days ago, the market moved down again. For me, the best thing we can do now is to contradict the crowd, I made some profits following this simple strategy, although I don't have a lot of knowledge about TA.
I'm expecting that the upcoming bull run might happen before the year-end. As of the market today the retracement might go down below $22k or the huge support is around $20.4k. We can't really expect when will BTC will go depending and it's a battle of bull and bear.
BTC charts are still bullish and I am also expecting that price could reach $100k in no time.
The Bitcoin market has seen a lot of fluctuations over the past few days that resemble bull runs and bear wars. But according to the current market, Bitcoin has not increased much, the market is down a bit at the moment. However, it is expected that the market will turn upward again within a short period of time. I believe that the price of Bitcoin will increase by a huge amount from the current market. And I believe it is only a matter of time before the Bitcoin price reaches $100k.BTC charts are still bullish and I am also expecting that price could reach $100k in no time.
able to familiarize on how this market behaves and on how this moves on which you should really be wise on when to buyback whenever the price do go below.Dont make yourself that too impulsive and trying out to
go along on what you do felt which you would be going along or would be tolerating that emotion inside you.Buy when you do see its worth and when you are tending to hold.
Just make sure that you are risking that much or something that you cant afford to lose up.Dont go all in which is always been recommended.
I think if they really know what they are doing, most traders would be quite happy right now. Why? Because it was lower, and then went higher and it's lower again, that type of volatility is something traders could make a profit from, if you are a great trader then you made a lot of money during this past month, but it is okay if you failed to do that as well.
I am not saying that everyone made money during this period, some of them failed and that is not a bad situation because sometimes volatility hurts some people as well. As long as you are still capable of making a profit in the future and not done yet, then no loss is too big to recover from, you can always try again.
I am not saying that everyone made money during this period, some of them failed and that is not a bad situation because sometimes volatility hurts some people as well. As long as you are still capable of making a profit in the future and not done yet, then no loss is too big to recover from, you can always try again.
I'm expecting that the upcoming bull run might happen before the year-end. As of the market today the retracement might go down below $22k or the huge support is around $20.4k. We can't really expect when will BTC will go depending and it's a battle of bull and bear.
BTC charts are still bullish and I am also expecting that price could reach $100k in no time.
The Bitcoin market has seen a lot of fluctuations over the past few days that resemble bull runs and bear wars. But according to the current market, Bitcoin has not increased much, the market is down a bit at the moment. However, it is expected that the market will turn upward again within a short period of time. I believe that the price of Bitcoin will increase by a huge amount from the current market. And I believe it is only a matter of time before the Bitcoin price reaches $100k. BTC charts are still bullish and I am also expecting that price could reach $100k in no time.
I'm quoting CoinGecko on the current state of the market:
I'm really struggling to come up with a reason why the bitcoin price is correcting today. Almost all altcoins have also experienced corrections that have seen which causes its market capitalization to decrease by more than 3% in the last 24 hours. But at the same time, investors can take this as a good moment to get bitcoin in low price, it has broken from $22K today.
Buying on dips can be a good strategy during a correction, so I think a lot of people are taking advantage of them today. But to be honest I don't expect $20K over February, it should still be above $22K.
Quote
Bitcoin (BTC) price has declined today.
The price of Bitcoin (BTC) is $22,075.62 today with a 24-hour trading volume of $47,236,804,869. This represents a -3.626662540428759% price decline in the last 24 hours and a -6.952731441247936% price decline in the past 7 days. With a circulating supply of 19 Million BTC, Bitcoin is valued at a market cap of $424,394,920,356.
The price of Bitcoin (BTC) is $22,075.62 today with a 24-hour trading volume of $47,236,804,869. This represents a -3.626662540428759% price decline in the last 24 hours and a -6.952731441247936% price decline in the past 7 days. With a circulating supply of 19 Million BTC, Bitcoin is valued at a market cap of $424,394,920,356.
I'm really struggling to come up with a reason why the bitcoin price is correcting today. Almost all altcoins have also experienced corrections that have seen which causes its market capitalization to decrease by more than 3% in the last 24 hours. But at the same time, investors can take this as a good moment to get bitcoin in low price, it has broken from $22K today.
Buying on dips can be a good strategy during a correction, so I think a lot of people are taking advantage of them today. But to be honest I don't expect $20K over February, it should still be above $22K.
This is an interesting viewpoint. Right now, I think everyone should just have some sort of plan for the market because we are still very much in the bear market. There is a possibility or speculation that prices may drop to $18k or shoot higher than $22k. Whatever the case maybe, your next move is dependent on what position you think the market is in.
I do not agree that we are in the bear market, just because we are far away from the ATH price doesn't mean that we are in the bear market, it means that we WERE in the bear market and that drop happened but right now we are not dropping further.Bear market means the price is dropping, and are we dropping right now? I mean we just moved from 16k or so levels to as high as 24k levels, should we consider that the bull market as well? I believe that we are in a semi-stable position right now, not bear and not bull but people should be buying as of right now considering we are still pretty far away from where we can be, and that matters because we have potential to go up a lot more.
There's no bottom could be determined but i do presume it would go below 20k once again.We cant really be that so positive that we could easily reach out nor break that 25k resistance which
the price had been trying to do so.
This is an interesting viewpoint. Right now, I think everyone should just have some sort of plan for the market because we are still very much in the bear market. There is a possibility or speculation that prices may drop to $18k or shoot higher than $22k. Whatever the case maybe, your next move is dependent on what position you think the market is in.
I do not agree that we are in the bear market, just because we are far away from the ATH price doesn't mean that we are in the bear market, it means that we WERE in the bear market and that drop happened but right now we are not dropping further.Bear market means the price is dropping, and are we dropping right now? I mean we just moved from 16k or so levels to as high as 24k levels, should we consider that the bull market as well? I believe that we are in a semi-stable position right now, not bear and not bull but people should be buying as of right now considering we are still pretty far away from where we can be, and that matters because we have potential to go up a lot more.
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