This sh*t ain't for the faint of heart! 😭 - page 2.

dunfida

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Quote from: Reid on June 30, 2021, 10:10:25 AM

If you really did it then, congratulations.
Sometimes all you need is a bit of courage to take the risk. I have read that you are a trader and a short-term one.
You did a good choice and most probably you have already sold what you bought. If I have the budget, I might have also done the same thing, but it's just to keep it long-term.
That low price could be a once-in-a-lifetime chance and we may never see it again.

Having this kind of mindset on where i do think that those low prices couldnt really be seen again in the future and once i do see some opportunity and my guts do tell me to get in then i do usually follow on what
my mind and emotions been telling.Yes its bad to have that kind of behavior when it comes to investment decisions but this do actually works for me but this one isnt really recommended but so far im still on the positive side and keep in mind that once you had step in your foot into crypto market then always anticipate about unpredictable movement of prices because this had been always the case.
If you are a type of person who are emotional and impulsive about losing money then better skip out.

Reid

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If you really did it then, congratulations.
Sometimes all you need is a bit of courage to take the risk. I have read that you are a trader and a short-term one.
You did a good choice and most probably you have already sold what you bought. If I have the budget, I might have also done the same thing, but it's just to keep it long-term.
That low price could be a once-in-a-lifetime chance and we may never see it again.

Webetcoins

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Quote from: beerlover on June 30, 2021, 07:02:01 AM

I'm sure we no more can see $30k to happen again. At the same time buying bitcoins with all of our capital right away is also not recommended by me.

I agree with the speculation about $30k price levels; in some sense that we are already done with the bear market of current cycle which means the remaining months of this year will be positive so that we may get reach to $280k levels before end of this year. Some experts are still spreading FUDs like winter season for crypto is arriving right now, but I am also confident about seeing strong bull markets in July month onward.

When we are confident about having bullish trend in coming weeks, why not we may invest all our money into bitcoins with short term plans? Because when your TA is in favor of getting you quicker 2x returns why not risk at least with bitcoins as you are always having the second chance of converting your trades into long term holding.

beerlover

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Quote from: batang_bitcoin on June 29, 2021, 04:18:39 PM

Being unpredictable makes it beautiful and when we're in the verge of being down because of such plummets, we're also getting that encouragement that it will recover eventually and that's why when investors see the dip. They should act on it and buy it while it's there.

It might seem beautiful for the people who are looking for another round of opportunity to buy more for cheaper prices but for the people who are trading actively and have bought around ATH must be a pain in heart. When we are fully aware of fundamentals of bitcoin then definitely will stay more confident about the recovery of markets so that we might go happily to make use of such dips.

Quote from: Obito on June 30, 2021, 04:39:35 AM

Now the prices are going up again, it's not the best time to get in because the prices will probably go down again more than ever and if that time ever comes probably getting in that price is the best course of action.

Do you have any constructive theory about why market will come down again? If you're saying it will come down randomly then there will be equal chances for market moving toward a new ATH as well. This is the reason you must make use of all available dips rather than waiting infinitely.

I'm sure we no more can see $30k to happen again. At the same time buying bitcoins with all of our capital right away is also not recommended by me.

Obito

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Now the prices are going up again, it's not the best time to get in because the prices will probably go down again more than ever and if that time ever comes probably getting in that price is the best course of action.

AakZaki

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Don't be tempted to go all in. at least leave 20% of capital for unexpected events. $28k is a good time to enter and now the price has touched $36k. Of course, if you decide to enter at a low price, you will benefit now. Some people always buy incrementally at each deep price. and $28k is deep's current price. all decisions depend on how you do the analysis. the possibility of ups and downs is certain. It's just how you position it, you have to really think about which position you have to enter and exit. Don't be too greedy and panic too much.

Distinctin

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Quote from: batang_bitcoin on June 29, 2021, 04:18:39 PM

@OP did you allowed that temptation to purchase bitcoin when it was $28k? I bet that you did and you're now in profit if you did it.

Quote from: Lanatsa on June 29, 2021, 04:12:32 PM

This proves out that this market is way too unpredictable.Its a matter of risk taking if you do really like to profit.

It's common and usual, that's the main character of bitcoin. Being unpredictable makes it beautiful and when we're in the verge of being down because of such plummets, we're also getting that encouragement that it will recover eventually and that's why when investors see the dip. They should act on it and buy it while it's there.

And those who stay stronger and keep believing the capabilities of Bitcoin will surely be rewarded in the end. Some just lose their grip when seeing declines and somehow it changes their mind as well.

Crypto trading is not just only of having knowledge and skills but it is a matter of trust and confidence and too sad that many were still don't have it. Well, that's their choice and we can't urge people to stay positive, and they don't have the right to blame the market for their losses because it was their fault in the first place.

batang_bitcoin

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@OP did you allowed that temptation to purchase bitcoin when it was $28k? I bet that you did and you're now in profit if you did it.

Quote from: Lanatsa on June 29, 2021, 04:12:32 PM

This proves out that this market is way too unpredictable.Its a matter of risk taking if you do really like to profit.

It's common and usual, that's the main character of bitcoin. Being unpredictable makes it beautiful and when we're in the verge of being down because of such plummets, we're also getting that encouragement that it will recover eventually and that's why when investors see the dip. They should act on it and buy it while it's there.

Lanatsa

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Quote from: abel1337 on June 28, 2021, 01:44:09 PM

Quote from: tvplus006 on June 28, 2021, 01:06:47 PM

Quote from: 9thsky on June 22, 2021, 10:49:00 AM

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.

Now it is very difficult to say which price for bitcoin is the best for investing. But what you need to buy at the support levels and sell at the resistance level will be the right decision as long as the BTC price is in this range. But you should not go all-in even if you are sure that the price will move in the right direction, because the market is still not predictable.

I myself didn't buy on 28k because I thought it will continue because the bears ended up passing through the major support line I found but it ended up as a bear trap. It is true that going all-in is very risky in this type of market since everything is unpredictable and volatile. Those who watched 28k last drop surely did earn a pretty good profit today but those who sold because of the bear trap regret it for sure.

I did really missed that opportunity but I haven't sell off my coins and stood strong to hold because I know that recovery would happen next.I was doubtful on taking action on buying on 28-29k on believing that the price could go even more lower but we are all wrong.

Basing up with technicals then it is actually showing off bearish movement but that was actually some trap and same as you said I do feel sorry for those who had panic sell on that time
and lucky for those who had risked out on buying that one.

This proves out that this market is way too unpredictable.Its a matter of risk taking if you do really like to profit.

doomloop

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Quote from: 9thsky on June 22, 2021, 10:49:00 AM

Y'all going in now or what?!

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.

Things like this are the reason why you shouldn’t let your emotions control, because this clearly shows that your emotions are about to get over you. Well even at that, just try to be careful not to make any mistake and take it easy and slow.

I have a friend ,during the bull run we had around December of 2017, he didn’t buy Bitcoin because he was scared and thought it was scam as he kept saying that since there is no centralized organization or company that controls/owns Bitcoin and shows themselves, then he can’t believe in it. He kept saying that and price moved from $3000 to $18,000 and that was when it dawned on him that he has missed a really big opportunity, and he then felt it would be a good idea and he invested and the market crashed when it touched $19,000 and he lost money instead of profit. So never let your emotions get over you. Control yourself and buy at the right time.

Mahanton

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Quote from: ScamViruS on June 28, 2021, 02:56:30 PM

Quote from: 9thsky on June 22, 2021, 10:49:00 AM

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.

To be an investor you have to think like an investor. Those who are planning to make long term investments can buy at any time depending on the condition of the market. It is very difficult to predict exactly where the market will go, so one opportunity is missed and another may come again, there is no need to be so easily emotional. Patience is a big thing when it comes to longterm investments. If you can't withstand the ups and downs of the market, you won't be able to make longterm investments, because you will panic selling your hodl bitcoin at any time.

You should fix up your mind on that way because if you wont prepare yourself on having this kind of mindset then you arent ready on taking the deal with the possible scenarios or situations that you might faced up in the market.Better make yourself ready so that whenever or whatever situations you might able to face then at least you had already prepared and anticipated so that you wont get shocked but having those newbie reactions are common specially when its our first time but as the time goes by or experience you would gain in the market then you would definitely get used to it.

Luqman

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Quote from: Kelvinid on June 28, 2021, 07:50:06 AM

Quote from: Luqman on June 27, 2021, 06:10:43 PM

Not going to all in whether the market is good or bad. Because it is too risky and I am not a high-risk taker.

I don't think so, since you are here in crypto, therefore, you are already taking the high-risk and you are contributing to the volatility of the market.

I really know that become a part of it and the crypto market is very risky. But, it doesn't mean to force me to take the high risk by investing all in and also investing in such tokens or coins that may give higher risks like new coins or tokens. That is why in this case, certain strategies must be based on what we can afford, not what the market is right now.
I am aware of what I am doing right now and I am also aware of what I am able to afford to lose. So, I will becomerealistic. Not to force me. And this doesn't mean that I am an afraid person and should not be in the crypto world because I am not a high-risk taker, I am just aware of what I am able to afford.
And I am sure that everybody here also has their own choice and strategy. We can reach our own profits based on our strategy, and also we have our own risks of loss to be able to afford.

ScamViruS

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Quote from: 9thsky on June 22, 2021, 10:49:00 AM

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.

To be an investor you have to think like an investor. Those who are planning to make long term investments can buy at any time depending on the condition of the market. It is very difficult to predict exactly where the market will go, so one opportunity is missed and another may come again, there is no need to be so easily emotional. Patience is a big thing when it comes to longterm investments. If you can't withstand the ups and downs of the market, you won't be able to make longterm investments, because you will panic selling your hodl bitcoin at any time.

imstillthebest

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Quote from: Anonylz on June 28, 2021, 10:20:00 AM

Quote from: 9thsky on June 22, 2021, 10:49:00 AM

Y'all going in now or what?!

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.

You will probably never be able to see a good time because you keep thinking this is not a good time let me wait a bit, only when that price has long gone you then realise that was a good price to buy, am sure at 28k you probably thought it will go below and not the right time but now that the price has passed you have realise it, better to make up your mind and buy what you can because procrastinating it won't help you either, you will get confuse the more and miss good buy in opportunity.

thats not what you called procrastinating but it was called nervousness if they are doubting if they will buy on that price or not but 28k was really a good offer .
it was over and price have increased now but i think many people have joined the ride because so many times they have been remind of buying whenever theres a decline .

abel1337

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Quote from: tvplus006 on June 28, 2021, 01:06:47 PM

Quote from: 9thsky on June 22, 2021, 10:49:00 AM

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.

Now it is very difficult to say which price for bitcoin is the best for investing. But what you need to buy at the support levels and sell at the resistance level will be the right decision as long as the BTC price is in this range. But you should not go all-in even if you are sure that the price will move in the right direction, because the market is still not predictable.

I myself didn't buy on 28k because I thought it will continue because the bears ended up passing through the major support line I found but it ended up as a bear trap. It is true that going all-in is very risky in this type of market since everything is unpredictable and volatile. Those who watched 28k last drop surely did earn a pretty good profit today but those who sold because of the bear trap regret it for sure.

tvplus006

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Quote from: 9thsky on June 22, 2021, 10:49:00 AM

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.

Now it is very difficult to say which price for bitcoin is the best for investing. But what you need to buy at the support levels and sell at the resistance level will be the right decision as long as the BTC price is in this range. But you should not go all-in even if you are sure that the price will move in the right direction, because the market is still not predictable.

suzanne5223

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Quote from: crzy on June 28, 2021, 08:08:32 AM

Quote from: 9thsky on June 22, 2021, 10:49:00 AM

Y'all going in now or what?!

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.

If you bought at the price of $28k, then you made a good profit already right now because we're on a green candles

Perhaps you are right but it not all the people that bought during the $28K make make good profit because all depend on the amount invested.

Quote from: crzy on June 28, 2021, 08:08:32 AM

but going all in is not a good idea because that's too risky since no one anticipate the market to recover this easily.

It still not too risky and it the trend change unto dip what is needed is changing of decision from short to long-term to minimize the risk.

Anonylz

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Quote from: 9thsky on June 22, 2021, 10:49:00 AM

Y'all going in now or what?!

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.

You will probably never be able to see a good time because you keep thinking this is not a good time let me wait a bit, only when that price has long gone you then realise that was a good price to buy, am sure at 28k you probably thought it will go below and not the right time but now that the price has passed you have realise it, better to make up your mind and buy what you can because procrastinating it won't help you either, you will get confuse the more and miss good buy in opportunity.

crzy

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Quote from: 9thsky on June 22, 2021, 10:49:00 AM

Y'all going in now or what?!

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.

If you bought at the price of $28k, then you made a good profit already right now because we're on a green candles but going all in is not a good idea because that's too risky since no one anticipate the market to recover this easily. You can buy some Bitcoin and some altcoins, because having a diversified portfolio is much better. Don't panic, stay focus and see the red market as an opportunity while green is about taking profit.

Kelvinid

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Quote from: Luqman on June 27, 2021, 06:10:43 PM

Not going to all in whether the market is good or bad. Because it is too risky and I am not a high-risk taker.

I don't think so, since you are here in crypto, therefore, you are already taking the high-risk and you are contributing to the volatility of the market.

Quote

The price of Bitcoin will be always changing, every day. We can take or buy at some rate Bitcoin and sell them at a higher price, of course, simply. But, how if the price goes down again? For me, no problem as long as I am still holding it in wallets.
Alternatively, if the price doesn't drop too much, it may use the cut loss feature in order to take other profits from another trading.
In fact, there is no bottom price exactly to know and the highest price exactly know. But we can do wisely whatever the rate we take.

We can never change how the market is behaving. Ups and downs will add color to the market. Whether we like it or not, we can do nothing with this but instead, help ourselves to adopt the way it is. I think it wasn't a big problem as long as we know how to make deal with this volatile nature.

Topic: This sh*t ain't for the faint of heart! 😭 - page 2. (Read 653 times)