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Topic: This sh*t ain't for the faint of heart! 😭 - page 3. (Read 599 times)

sr. member
Activity: 826
Merit: 263
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.
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.
legendary
Activity: 2002
Merit: 1072
Leading Crypto Sports Betting & Casino Platform
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.
Even I am always very much concerned about the diversification principle, I would suggest anyone to go for buying bitcoins with all their capital right now. Because this must be very good time for making quick profits out of bitcoin investments like we might get opportunities to make at least 5x in next 4 to 6 month of time itself. So, the risks might be worth the profits.

if you trying to save up money for investing, basically allocating that money for investing only it could give you courage to buy the dip.
When you are dealing with highly reputed investment opportunity then you never need to worry about other things; it means you can go with all your courage to buy bitcoin at the current dips because it will never disappoint you for sure.
hero member
Activity: 2660
Merit: 509
Leading Crypto Sports Betting & Casino Platform
If you don't use money that initially was planned by you for buying something else making decision to buy the dip actually become a lot more easier,
moreover if you trying to save up money for investing, basically allocating that money for investing only it could give you courage to buy the dip.
Trading is not for the faint heart indeed, but it's basically the same as other business or any money making activities there's always risk involved,
you see those billionaires taking risk like elon buying tesla when it was about to go bankrupt, faint hearted people definitely not gonna do that, and it works like that in crypto market as well.
hero member
Activity: 2772
Merit: 518
★Bitvest.io★ Play Plinko or Invest!
You have to plan at the right time and invest. When the price crashed in 2020  it was repeatedly being said that then was the best time for everyone to start buying and some people never took that opportunity, maybe because they felt it was over for bitcoin or they thought that the price was still going to decrease further.
First we need to accept the fact that Bitcoin is here to stay and if we have that understanding then the risk factor or the pressure and anxiety when the price drops is minimal because you know that the price will always recover but you need to understand that it is always wise to invest during a market correction and even if the market goes down further all you need to do is to be patient and wait for the recovery even if it takes a few years.
That is supposedly what we gonna do but can't deny that many had struggled to understand the market and to control their emotions. They become doubtful and emotional pressure leading to a wrong decision. I cannot blame them either because this was a free market and I think they their own. But, if this often to happens with them, sooner or later, they will be out in the market with big losses.
I don't want to reach that point and we become hopeless so better to control our emotions before it getting worse and unable to control them.
hero member
Activity: 2198
Merit: 847
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.
Wait, what do you want from trading? Do you wanted to buy bitcoin exactly at $28,808.00 ? What did you want? To buy today and become rich tomorrow? If you think that price is high at the moment and there is the possibility of price fall, then you can call short on futures trading and you'll profit when the price declines.

Every time is a good time when the price is far from it's all time high, that's what I think and that's what has always succeed for me. It's not necessary to check your portfolio every day and every time, just seat and wait. One year ago, bitcoin's price went from 9K to almost 3K, I really missed that moment and the second day price recovered. If I have watched that fall, I would panic and sell, glad I missed that moment.
hero member
Activity: 2548
Merit: 533
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.
When you do consider out on how the market behaves and those kind of opportunities' for you to make money then you can really see the chances are there and its only just up to someone on how they would be taking out actions according on what they had observed because not all would really be ending up on the same mindset when seeing into something.Some wouldnt care and some would see it as an opportunity.
This market isnt really for the faint hearted and if you do find out that volatility is just too much to handle then you would really be finding out this market would be stressful for you.
hero member
Activity: 1694
Merit: 541
You have to plan at the right time and invest. When the price crashed in 2020  it was repeatedly being said that then was the best time for everyone to start buying and some people never took that opportunity, maybe because they felt it was over for bitcoin or they thought that the price was still going to decrease further.
First we need to accept the fact that Bitcoin is here to stay and if we have that understanding then the risk factor or the pressure and anxiety when the price drops is minimal because you know that the price will always recover but you need to understand that it is always wise to invest during a market correction and even if the market goes down further all you need to do is to be patient and wait for the recovery even if it takes a few years.
sr. member
Activity: 2520
Merit: 329
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.
This game is never an easy one to play. Not everyone can do this type of investment, because it’s not so easy. This is a very risky thing for anyone to do. So anyone that plans to be cryptocurrency trader has to prepare themselves for the risk ahead.You have to plan at the right time and invest. When the price crashed in 2020  it was repeatedly being said that then was the best time for everyone to start buying and some people never took that opportunity, maybe because they felt it was over for bitcoin or they thought that the price was still going to decrease further.
member
Activity: 868
Merit: 63
~
Indeed, those who live in doubt will never be given a chance to improve themselves but to keep where they are today. Risk-takers will win, that is the reality not only in crypto but in real life as well.
Anyway, it has to know that crypto investment hasn't good always, not all the time we are in profit, a thing that can never be changed. And those who have a faint of heart will really be disappointed when seeing their fund is decreasing.
I don't believe that they won't be given any chances, let them see for what you are preaching and I am pretty sure that they will probably have less doubt little by little.
full member
Activity: 1834
Merit: 166
There's a reason why the dollar-cost averaging[1]  strategy is one of the most recommended buying strategies not only for bitcoin, but for investing in general. So people would buy just buy consistently despite what the market sentiment is.

and to prevent people from emotional and impulsive buying, like what you're most probably feeling right now. Tongue


[1] https://dcabtc.com/
Exactly it is one of the most implement strategy by the traders.For better clarification for newbies I would like them to show graphical representation of dollar cost averaging and how you can profit from it.


See how the same Amount invested at regular intervals lead you to gain more.This is how it should be done and instead of holding all at once you should try to accumulate at dips.
member
Activity: 1120
Merit: 68
Indeed, those who live in doubt will never be given a chance to improve themselves but to keep where they are today. Risk-takers will win, that is the reality not only in crypto but in real life as well.
Anyway, it has to know that crypto investment hasn't good always, not all the time we are in profit, a thing that can never be changed. And those who have a faint of heart will really be disappointed when seeing their fund is decreasing.
It's easy to remove the doubt, just give them the evidence that things will work out if they try, many people just want to see something to believe it. I agree that risk takers will win but I also like to add that the smart risk takes are the ones that will get ahead and be more successful because they will find the ins and outs.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
To be everyone who is having doubts about going in the current price of the bitcoin market, remember that you should decide for yourself what you should do. OP is right, this isn't for the faint of heart. For me, going in the market first is much important than waiting for the prices to be so cheap because that time might not arrive.
Indeed, those who live in doubt will never be given a chance to improve themselves but to keep where they are today. Risk-takers will win, that is the reality not only in crypto but in real life as well.
Anyway, it has to know that crypto investment hasn't good always, not all the time we are in profit, a thing that can never be changed. And those who have a faint of heart will really be disappointed when seeing their fund is decreasing.
sr. member
Activity: 1988
Merit: 283
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.
its been how many attempts that bitcoin going near to that value but still bouncing back to the top.. So it's a sign that it will never go down further..  Just get in mate if you have free money to invest and hold for long term, in fact there's no problem with that because bitcoin still aggressive, but remember to invest what amount you can afford to lose so that no problem..what i mean even you leave your money on it  no stress..
sr. member
Activity: 2002
Merit: 314
Vave.com - Crypto Casino
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.
Despite of the market trend I wont suggest to go all in, it’s better to buy more options than to focus on one project only. Yes, the price is cheap but it can still become cheaper in the coming days, no one can tell. I’m looking for a more established coins/tokens aside from BTC that can survive on this current trend, it’s better to hold more than to go all in, beside that’s too risky.
member
Activity: 868
Merit: 63
To be everyone who is having doubts about going in the current price of the bitcoin market, remember that you should decide for yourself what you should do. OP is right, this isn't for the faint of heart. For me, going in the market first is much important than waiting for the prices to be so cheap because that time might not arrive.
legendary
Activity: 2240
Merit: 4133
eXch.cx - Automatic crypto Swap Exchange.
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.

Dollar cost average you position then, don't go all in instead buy a certain amount of dollars worth and continue buying if it dip more than what the price currently is. The amount is very volatile this days and you can't predict what the next move of the market is. It could bounce back up with a tweet from Elon any moment now.

That shouldn't be so but that's what the market has turned into, a tools used by the elites to make more money for themselves. We let this happen so we have to live with it. Thought we learnt our lesson from previous incidents of influencers toying with the market for their selfish gains but that wasn't the case, we let Elon have all the power over the market he currently has so we have to live with that.
hero member
Activity: 1932
Merit: 622
True true my friend. But I'm in it for the profits and from the perspective of a trader, not a long term investor. Considering that, what else would I be looking at
I will prefer not to all in if I am a day trader. I will diversify my funds in order to get every drop if it is happening.
Moreover, the weekend is commonly very not stable market, the price will commonly drop very drastically. Moreover, we must also see the news around the day.
Sometimes, we can also see the chart in 4 hours or other timeframes (based on our own strategy).
Actually, day trade in the spot may be still working although it is risky, I don't want to set a high-profit target because right now, the market is really not rpedictable.
I will prefer to get small profits and do scalping again, no worry, it better to get small profits but we can do more trades at the days than waiting for higher profits but in fact, it doesn't touch our price target.

However, whatever your strategy, ensure that you are ready for the RISK OF LOSiNG MONEY
because without it, you will feel stressed when the price suddenly dropped.
hero member
Activity: 2240
Merit: 953
Temporary forum vacation
Once I started committing to dollar-cost averaging, it took me a while but now it is almost like paying bills or getting salary. It happens around the same time. I am tempted still to buy more or even sometimes alts, but if you hold out long enough then you see the gains of DCA and can truly appreciate the strategy.
I DCAed during the last bear market, there is unfortunately anything but fun when you see week after week that the capital invested is less and less Cheesy
Phases like now between September 2020 and May 2021 are indeed fun as hell when you realize that you have not only massively pushed down the average price of your coins  through DCA but then can finally reap the fruits of years of saving.

I did enjoy seeing big Bitcoin buys when receiving my payments (as I asked to get it in BTC) and yes, slowly since 2018 it started getting smaller and smaller (except the crash in 2020 when it temporarily became quite big again for a while). But that is the beauty of DCA even though it gets smaller, you know price is increasing so all previous buys become more valuable:) So fun right?SmileySmiley
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
It seems the price moves from $30k-$34k many times. It is the opportunity to buy low and sell high as I see that will be good to trade. But in these situations, I think day trading will not be too difficult if the price still moves like that but you need to analyze before you trade. You can buy today and hold it and sell it tomorrow so you will still make a profit in this situation.

However, if you think that day trading is hard, you better not force yourself to enter the market because that will not easy to determine the time to enter the market. I prefer to watch and see because I am sure there will be a time for us to buy low and sell high.
sr. member
Activity: 1596
Merit: 264
~
Uhmm.. just like everyone trading in here are in it for profits. I don't think people trade to get losses.
Why not take a chill pill, OP? Enjoy the opportunity to buy more and wait til the price again goes back up. Actually it was now up to about 33k as of writing this and that 28k that you and I saw just happened in the blink of an eye before it get back up again.
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