This Is Your Last Chance to Buy the Dip Before Bitcoin Pierces $20,000

BitHodler

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Quote from: Oilacris on July 09, 2019, 03:33:23 PM

Volatility would always be the primary enemy on this crypto market and it cant really be avoided for sometimes not to panic when
you see that you holdings on usd value is plummeting.

People like to see the price pump hard, but that's only possible when there is an intense level of volatility in the market, and this volatility results in more volume being generated.

It's something this market needs-- we have had enough examples of how the lack of volatility lead to lower volumes and logically a decline in the price. Stability definitely doesn't help crypto in today's market of speculation.

Most people panic selling are either all in or have over-invested. In both cases people monitor the price every minute and are ready to sell if the price happens to go down.

Panic selling can easily be avoided when you dollar cost average every two weeks or month regardless of what the price is. A dump means more satoshis for your money and a lower overall buying price.

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Quote from: el kaka22 on July 09, 2019, 12:02:21 PM

When you look back hindsight is always 20/20, I mean we have seen the bull run when we were going up but nobody really knows when is the right time to buy and when is the right time to stop because in the end maybe you will lose all of your money because you bought at the top.

There are people who are scared because they bought at 13.8k for example, I think they should calm down and wait for the price to go back up but in the end they literally bought at the top just before the price went down, they might profit in the future when price goes up but they could have bought a lot cheaper and be profiting as of right now if they waited, and they are the examples people use when not buying because they are afraid the same will happen to them as well. That is why it is not easy to decide on the bottom, you can sell when you are in profit and it can go up even more and that is fine but if you buy not at the bottom then that is risky.

It is true that no one really knows how high the price of bitcoin or any other coin will go however there are ways to determine good entry and exit points if you want to be a trader or an investor, and buying at 13800 was not a good entry point, if someone bought at that level then he did it because of FOMO and nothing more, in the past I have been tempted to do the same with coins that were skyrocketing but I knew it was a bad idea and that has saved me from great losses, those that did not bought bitcoin at a reasonable price should have waited until there was a correction to invest instead of buying at the top which is always a bad idea.

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Quote from: Siren on July 08, 2019, 09:54:52 PM

are we seeing a $30,000 value the highest of them all?

let's suppose that this month of July the price ends in the $13000; and in the month of August the price finishes in the $14000; and in the month of September $15,000; and in the month of October the price ends in the $16000; and in the month of November the price ends in the $17000; and in December the price will end at $18,000. In January of the next year the price ends in $19000; in feverreio of the next year the price finishes in $20,000; in March of the next year the price will end in the $ 21000; In April of the next year the price ends in $22000; in May of the next year the price will end in the $23000; in June of the next year the price ends in $24000; in July of the next year the price will end in the $25000; in August of the next year the price ends in the $26000; in September of the next year the price ends in the $27000; in October next year the price will end at $28000; in November next year the price will end at $29,000 and in December next year the price will end at $30,000.

So that means that if the price increases $ 1000 every month, only in December next year that the price would reach $ 30,000. I do not believe we will see the price of 30,000 next year, maybe in 2022

Oilacris

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Quote from: serjent05 on July 09, 2019, 03:00:36 PM

Quote from: el kaka22 on July 09, 2019, 12:02:21 PM

There are people who are scared because they bought at 13.8k for example, I think they should calm down and wait for the price to go back up but in the end they literally bought at the top just before the price went down, they might profit in the future when price goes up but they could have bought a lot cheaper and be profiting as of right now if they waited, and they are the examples people use when not buying because they are afraid the same will happen to them as well. That is why it is not easy to decide on the bottom, you can sell when you are in profit and it can go up even more and that is fine but if you buy not at the bottom then that is risky.

That is why, most financial advisers stated that we should only invest the money that we can afford to lose. Putting the whole of our life savings in this high volatility items is certainly a "nut" thing, though I agree when it comes to Bitcoin that "high risk will yield a high reward" . As long as those who bought at the top did not convert their BTC, the value of it in BTC whether it goes downward to oblivion will not diminish. 1 BTC is always 1 BTC. they just need to be patience until the time comes that Bitcoin gain momentum to push upward again. and if Bitcoin does gets it, it alwasy shoots upward exponentially.

Easy to say but its really hard to be maintained by most people yet patience would be primarily tested out unto these times.

Volatility would always be the primary enemy on this crypto market and it cant really be avoided for sometimes not to panic when
you see that you holdings on usd value is plummeting.

serjent05

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Quote from: el kaka22 on July 09, 2019, 12:02:21 PM

There are people who are scared because they bought at 13.8k for example, I think they should calm down and wait for the price to go back up but in the end they literally bought at the top just before the price went down, they might profit in the future when price goes up but they could have bought a lot cheaper and be profiting as of right now if they waited, and they are the examples people use when not buying because they are afraid the same will happen to them as well. That is why it is not easy to decide on the bottom, you can sell when you are in profit and it can go up even more and that is fine but if you buy not at the bottom then that is risky.

That is why, most financial advisers stated that we should only invest the money that we can afford to lose. Putting the whole of our life savings in this high volatility items is certainly a "nut" thing, though I agree when it comes to Bitcoin that "high risk will yield a high reward" . As long as those who bought at the top did not convert their BTC, the value of it in BTC whether it goes downward to oblivion will not diminish. 1 BTC is always 1 BTC. they just need to be patience until the time comes that Bitcoin gain momentum to push upward again. and if Bitcoin does gets it, it alwasy shoots upward exponentially.

el kaka22

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When you look back hindsight is always 20/20, I mean we have seen the bull run when we were going up but nobody really knows when is the right time to buy and when is the right time to stop because in the end maybe you will lose all of your money because you bought at the top.

There are people who are scared because they bought at 13.8k for example, I think they should calm down and wait for the price to go back up but in the end they literally bought at the top just before the price went down, they might profit in the future when price goes up but they could have bought a lot cheaper and be profiting as of right now if they waited, and they are the examples people use when not buying because they are afraid the same will happen to them as well. That is why it is not easy to decide on the bottom, you can sell when you are in profit and it can go up even more and that is fine but if you buy not at the bottom then that is risky.

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Quote from: Siren on July 08, 2019, 09:54:52 PM

Quote from: Naida_BR on July 02, 2019, 11:20:57 AM

So you think that we already in the bottom of this run?
In my opinion, we are going to hit another low around 8k before bouncing back again. There are many people who wait 14k to exit the market, we saw that when the price nearly touched that level.

I guess that’s far too low mate because we only drop below $10,000 and now we’re on the road of moving up once again.look now we’re closer to $13,000 and may continue climb this 3rd quarter seems like the 2017 rally is happening again this year and what more after the May 2020 halving?are we seeing a $30,000 value the highest of them all?

We don't know to what extent we're gonna reach by the time of halving scheduled for the year 2020. With the good price rally taking place from the second quarter of the year I believe $3200 to be the low bottom for the year. By this year we may also experience further low price, but this won't be falling low to $4000 this year anymore.

Anonylz

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Quote from: Siren on July 08, 2019, 09:54:52 PM

Quote from: Naida_BR on July 02, 2019, 11:20:57 AM

So you think that we already in the bottom of this run?
In my opinion, we are going to hit another low around 8k before bouncing back again. There are many people who wait 14k to exit the market, we saw that when the price nearly touched that level.

I guess that’s far too low mate because we only drop below $10,000 and now we’re on the road of moving up once again.look now we’re closer to $13,000 and may continue climb this 3rd quarter seems like the 2017 rally is happening again this year and what more after the May 2020 halving?are we seeing a $30,000 value the highest of them all?

Honestly i doubt we will see btc at that low price again except their is a very terrible news that will suddenly pop out from no where that will give panic sellers reason to do so, when btc climb from $4k to $9k many people claim it will correct back to $4-$5k before going up again but it never did, in my opinion i would say there will only be little corrections occasional with each passing weeks till year end, but this is just my opinion.

Siren

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Quote from: Naida_BR on July 02, 2019, 11:20:57 AM

So you think that we already in the bottom of this run?
In my opinion, we are going to hit another low around 8k before bouncing back again. There are many people who wait 14k to exit the market, we saw that when the price nearly touched that level.

I guess that’s far too low mate because we only drop below $10,000 and now we’re on the road of moving up once again.look now we’re closer to $13,000 and may continue climb this 3rd quarter seems like the 2017 rally is happening again this year and what more after the May 2020 halving?are we seeing a $30,000 value the highest of them all?

btc_angela

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Quote from: samputin on July 07, 2019, 09:09:32 AM

Quote from: buwaytress on July 07, 2019, 06:20:57 AM

That's two times in two weeks some important guy (lete not give his name any more coverage than he already has!) has said this is the last chance to buy the dip.

Get used to it mate, we can't definitely rid of those kind of "speculators" but well I admit that it was better than the ones who share FUDs. I realize that doing such stuff is not bad at all because their stance is on the positive side

.

Anyway, I'm not really into speculating price but when I do I only based on the previous history of btc. Last 2017, btc soar high during the -ber months so now I'm hoping that it will happen once again. Even though there's no concrete evidence to support that presumption — just pure intuition.— but still I believe Cheesy

. Nonetheless, we can all agree that it still a good time for coin hoarding since we aren't yet reaching the last ATH.

The only reason I heard what bitcoin usually goes up in December is that the people who get their bonuses went straight ahead and put their money on bitcoin. May it's true or not. For me their is no correlation, people invest on bitcoin whenever they want. In could be in June or even December. Everyone here is speculation, after all bitcoin is now the best speculative asset.

BitHodler

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Quote from: samputin on July 07, 2019, 09:09:32 AM

Get used to it mate, we can't definitely rid of those kind of "speculators" but well I admit that it was better than the ones who share FUDs.

Getting rid of any type of speculator in a market that's overly dominated by speculation isn't going to happen, so it's pointless even focusing on that. I would say 5-10% utility and 90-95% speculation.

As far as fud goes, it's part of every market and people need accept that. This is how Bitcoin's market has always been and still be when we're years away from where we are today.

People here pretend to be hodlers instead of speculators, but are constantly busy trying to guess where the price will go tomorrow, how manipulated the short term price is after a correction, etc. Just chill out for a moment.

BrewMaster

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Quote from: samputin on July 07, 2019, 09:09:32 AM

Anyway, I'm not really into speculating price but when I do I only based on the previous history of btc. Last 2017, btc soar high during the -ber months so now I'm hoping that it will happen once again. Even though there's no concrete evidence to support that presumption — just pure intuition.— but still I believe Cheesy

. Nonetheless, we can all agree that it still a good time for coin hoarding since we aren't yet reaching the last ATH.

that's mostly superstition though. every year people say the same thing but each of them use different months. it doesn't stop there either, they go as far as days too. for instance a common one is "bitcoin drops on weekends"! the reason why every person says a different thing is simply because there is no such patterns Cheesy

anyways, the only thing that matters is that we are one the rise. and every day the charts look more like the pre launch days such as 2012, 2015 and 2017.

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Quote from: buwaytress on July 07, 2019, 06:20:57 AM

That's two times in two weeks some important guy (lete not give his name any more coverage than he already has!) has said this is the last chance to buy the dip.

Get used to it mate, we can't definitely rid of those kind of "speculators" but well I admit that it was better than the ones who share FUDs. I realize that doing such stuff is not bad at all because their stance is on the positive side

.

Anyway, I'm not really into speculating price but when I do I only based on the previous history of btc. Last 2017, btc soar high during the -ber months so now I'm hoping that it will happen once again. Even though there's no concrete evidence to support that presumption — just pure intuition.— but still I believe Cheesy

. Nonetheless, we can all agree that it still a good time for coin hoarding since we aren't yet reaching the last ATH.

buwaytress

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That's two times in two weeks some important guy (lete not give his name any more coverage than he already has!) has said this is the last chance to buy the dip.

False economy anyway to get in waiting on the dip. 9k 10 k 11k is all not going to matter when the new ATH and beyond triggers. Of course, I'm happy even at a 10% discount, knowing there's still plenty more drama to pull through before the actual parabola arrives -- and no, tempting as it may be to think so, it's not here yet. 4 digit prices... Also not beyond imagination. Still a long way to go, fellas.

michellee

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It will depend on themselves because if they think that bitcoin price can break $20,000 again, they will buy bitcoin from now on before the price start to increase. But every people have their own strategy, and we cannot force them just to buy bitcoin right now, and maybe they already have more bitcoin that they purchased when the bitcoin price is in a low price in a few months ago.

normanderecho

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Well, if we just compare bitcoin from 2017 from now, it's really good to invest, since bitcoin recent price fluctuates $11 to 12k at this time, so you can still get profits, if you buy now and hold till will reach again worth $20k or might more than our expectations.

EdenHazard

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There is no one will know bitcoin price in the future although he use a good speculation or he is an expert to predict bitcoin price, but is not guarantee to believe. As time passed I guess some investor will have a thought that to buy bitcoin that is no the best time. Everytime is the best time as long as the buyer have a patient to wait if the price goes down continously. You have to remember when the price of bitcoin reached an ATH and continue to decline but now its price has been increasing again. These thing should be learned, it could be the price fall again or it could be the price up again. So, for those someone who intend to buy bitcoin you should have a startegy to hold long term.

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one thing i know is that when btc was as low as $4000 some people took advantage of the low price and buy, other's thought the end of btc has come so they refuse to take advantage, btc later surprises everyone and put a smile on the face of those who got the courage

follow your guts feeling Wink

beerlover

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The only thing that is optimistic about is the word "pierces" because that suggest it will be a lot higher and I believe that to be true. Not because of any charts, not because of any indicators, no I believe it because I think bitcoin has always pierced over the previous all time high like it was nothing.

Remember the time when bitcoins all time high 1400? Well when it was going above it the price didn't just went over it with barely trying, it went over it like it was nothing and kept going up. I believe same will happen now as well, it will go above 20 thousand dollars slowly but surely without a skyrocketing like its not a big deal and eventually when we reach a high enough level it will skyrocket to its limits once again. It has happened before and there is no reason why it should not happen again.

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After going through your statements OP,
I came to know that, you are way of thinking is just limited.
According to you, you want that we should buy the bitcoins before it hits 20k USD.
So according to you BTC will not go beyond that?
If so then you are wrong.
As the price affects only due to the trading volume, so if the trading volume increases in the future, then surely the price of Bitcoin will also increase.
Hope you understands this.

Topic: This Is Your Last Chance to Buy the Dip Before Bitcoin Pierces $20,000 (Read 649 times)