This sh*t ain't for the faint of heart! 😭 - page 4.

Fredomago

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Quote from: Fatunad on June 23, 2021, 05:56:56 PM

Quote from: 9thsky on June 22, 2021, 11:49:00 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.

This market is composing of those with those fellas whom do easily freak out when the price is declining and to those fellas who had been seeing these declines as opportunities to get in and it isnt something that you cant really see everytime the market do make its move and its true that this investment isnt really for those faint heart out there because you wouldnt know on how the price will move in next minute or hour so you should really be prepared.
You should get yourself prepared from time to time and if you are someone who doesnt really like volatile prices then this investment isnt really for you.

yeah right, if you are not ready with heavy volatility then forget about that temptation, going all in is not a good strategy unless you are willing to take the risk with full responsibilities.

if you are okay with a gambling type set up within your trades, buying that dip and selling it from this current value brings you decent profits.

Though it's not everyday that the same pattern will happen, there's also a high chance that the market will fall further, but if you are willing to hold and wait, it's not a problem at all. If you failed with your short-term ride, better to keep it and forget about doing anything with your asset, keep it store inside your safe wallet and let the market move till it reached your target.

maxreish

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Now what.? After all in then it will still fall down? Have you ever thought if this is just a bear trap or what?

On the other hand, since we saw ATH from $50k to $60k this recent price at $28k is still a good price to buy. Ain't? Its still better to still buy some at this point, then hold for a long term. But not to all in your money. I mean, you can still diversify it with other altcoins. We dont know yet until when this bearish moments will lasts.

Hypnosis00

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Quote from: Fatunad on June 23, 2021, 05:56:56 PM

Quote from: 9thsky on June 22, 2021, 11:49:00 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.

This market is composing of those with those fellas whom do easily freak out when the price is declining and to those fellas who had been seeing these declines as opportunities to get in and it isnt something that you cant really see everytime the market do make its move and its true that this investment isnt really for those faint heart out there because you wouldnt know on how the price will move in next minute or hour so you should really be prepared.
You should get yourself prepared from time to time and if you are someone who doesnt really like volatile prices then this investment isnt really for you.

Feels that they are getting crazy when seeing the market will dump and started to sell their coins immediately. For sure, we can say that why not HOLD and stay CALM, but honestly, it is a common feeling, it is a nature as a human being, and really hard to control. And this is it helps the market remains unstable, volatile, or whatsoever unpredictable.

Although we keep saying to get prepared all the time, it gonna be easy to forget when emotions control them. And this can never be stopped.

Fatunad

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Quote from: 9thsky on June 22, 2021, 11:49:00 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.

This market is composing of those with those fellas whom do easily freak out when the price is declining and to those fellas who had been seeing these declines as opportunities to get in and it isnt something that you cant really see everytime the market do make its move and its true that this investment isnt really for those faint heart out there because you wouldnt know on how the price will move in next minute or hour so you should really be prepared.
You should get yourself prepared from time to time and if you are someone who doesnt really like volatile prices then this investment isnt really for you.

DarkDays

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Quote from: JooBra on June 23, 2021, 01:04:03 PM

Quote from: CryptocurencyKing on June 23, 2021, 12:49:49 PM

Now might be pretty much a very good time to buy, at least better than last week or the week before that but, that doesn't mean the weeks behind weren't better nor is this the nest time of all. You don't know what the weeks ahead holds, either its still going to fall below where it is now or we might see a rise in the price of bitcoin and alts as well.

What should be of your utmost concern isn't when you buy. Your concern should be on ways of making profit from where you buy, either by trading it, loaning it, providing liquidity pool by farming it or hodling it till it reads you some profit. Where you buy doesn't really matter! Bitcoin has got 24/7 a year round liquidity because people are actually buying and selling despite the price. You should too and have a plan to push you into profit.

I think too this week or end of this week is best time to buy in next couple of months. Market should move forward when we enter Q3

As things look now, I would be tempted to agree that Q3 will be a better time for all the markets. The reason is that recently until now the market has been on recovery and correction trends, it will only take a few more attempts to see the rally back again. This is my opinion so by no means this is financial advice to anyone, it is just what I believe.

Yup, hopefully we see more green soon.

Shenzou

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Quote from: 9thsky on June 22, 2021, 11:49:00 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.

I think that going in and investing and what point you do that is highly dependent on your own strategy and how much investment you are comftorbale putting at, if you plan on going for the long run which most likely you should do right now, the price stating in the 30k range seems like a good place to invest and hold for a long time, and if you are planing on going short term you should consider buying as soon as the price goes below 30k which it happened briefly and who knows if its going to happen again.

JooBra

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Quote from: CryptocurencyKing on June 23, 2021, 12:49:49 PM

Now might be pretty much a very good time to buy, at least better than last week or the week before that but, that doesn't mean the weeks behind weren't better nor is this the nest time of all. You don't know what the weeks ahead holds, either its still going to fall below where it is now or we might see a rise in the price of bitcoin and alts as well.

What should be of your utmost concern isn't when you buy. Your concern should be on ways of making profit from where you buy, either by trading it, loaning it, providing liquidity pool by farming it or hodling it till it reads you some profit. Where you buy doesn't really matter! Bitcoin has got 24/7 a year round liquidity because people are actually buying and selling despite the price. You should too and have a plan to push you into profit.

I think too this week or end of this week is best time to buy in next couple of months. Market should move forward when we enter Q3

perfect999

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Quote from: 9thsky on June 22, 2021, 11:49:00 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.

Every time is not a buying time for me, there are times I don’t buy at all. And when a bull is going down I just don’t jump at it and buy. Next is that I already have Bitcoin, and I also have a lot of other altcoins like ADA, ETH, and the rest of them even after I have sold some of them for profit. So, there is no need for me to rush and buy more coins when I still have some.

And I am not so sure whether the market has reached its lowest at the moment. I am not the type that is always buying all the time, sometimes I leave what I have and I only buy and sell when I feel it is right to do so.

CryptocurencyKing

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Now might be pretty much a very good time to buy, at least better than last week or the week before that but, that doesn't mean the weeks behind weren't better nor is this the nest time of all. You don't know what the weeks ahead holds, either its still going to fall below where it is now or we might see a rise in the price of bitcoin and alts as well.

What should be of your utmost concern isn't when you buy. Your concern should be on ways of making profit from where you buy, either by trading it, loaning it, providing liquidity pool by farming it or hodling it till it reads you some profit. Where you buy doesn't really matter! Bitcoin has got 24/7 a year round liquidity because people are actually buying and selling despite the price. You should too and have a plan to push you into profit.

xSkylarx

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No one knows how the market will move so we can't tell if the $28k dump recently was already the bottom. It is always better to not go all-in when buying these dips. Though you will still be in profit in few years but it is still better if you can accumulate at a lower price. We bounced hard from that previous dump but we can't confirm yet if the price won't go any lower than that. If a fud suddenly shows up, bitcoin's price could go down again quickly.

feelideb

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Firstly, the idea of go all in is not best for any competent trade. Market can remain emotional longer than you can remain solvent (John Keynes) The opportunity to buy the best price will always be there regsrdless of what is going on in the market! Bitcoin below $30000 is attractive but I I will rather buy every instead of going all in at a time!

maydna

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Quote from: Mauser on June 22, 2021, 01:19:11 PM

Quote from: 9thsky on June 22, 2021, 11:49:00 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.

I want to buy more BTC but first I need a new wallet. My plan is to take half of my June salary and invest it at the end of the month. Would be nice if the price could stick around $25-30k. It might be going down more in the next few weeks, but long term the trend is upwards. Going all in is a bit risky in my opinion, better to split the money into BTC and some alt coins to lower the risk profile.

I am not sure if the price will be around $25k-$30k, but it could happen if people are selling their bitcoin because of the other bad news that comes in social media. I suggest you not buy bitcoin at once with half of your salary but split it into many levels of the prices so you can get a lower average buy price. That will be good for you to sell it some amount once the price increase. Otherwise, you can hold it for a long term until the bull runs coming again. But be careful if you want to invest in altcoin as the altcoin always follows bitcoin movements. But diversifying your investment in the altcoin can be good for you as long as you can buy the altcoin at a low price, so you don't have to worry about seeing the price fluctuating.

Kelvinid

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when lambo...

Quote from: arwin100 on June 22, 2021, 07:57:06 PM

Quote from: 9thsky on June 22, 2021, 11:49:00 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.

Not for now I'm waiting to see more deeper since if we act quicky without seeing some possibilities then we might buy at wrong position so better watch closely the market then see the direction of bitcoin goes as well read the chart to see the possible outcome of your trades.

Don't be greedy just wait more and earn by doing a right decision.

It all gonna be surprising, even having a good TA can't really be a big help.

The price of Bitcoin just reach $28k in the past few hours (it is likely people are selling their Bitcoin fast) but look, we are not at $32k. I believe we might miss the chance of buying at its dip (I'm in regret), we are moving back at high again. Well, we can still ride the market before it stops and back to drop again.

And I'll be thinking now if this will lead to another ATH or we just stop at $40k. Nothing is impossible, though.

ethereumhunter

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Quote from: maxreish on June 23, 2021, 12:27:00 AM

Quote from: Bitcoin_Arena on June 22, 2021, 06:16:10 PM

Depends on what your trading strategy is.

Are you going in long term, short term or Just day trading.

Indeed, you cant just listen all advices here because you can always decide for yourself depends on which type of trade are you going to integrate or use. As it also alwaya depends on how your technical analysis showed your way. But going all in your balance is sure risky if you arent that sure that your short or long entry position will further gonna hit smoothly or not.

Listen to all of the advice here will not be a problem because that can give you more information on the market analysis. Maybe you can separate each of the information and find more signals that will be useful for you. By having that info, you can know when to do long-term, short-term or even day trading because you can analyze to find the time to enter the market.

Lakai01

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Quote from: leea-1334 on June 23, 2021, 01:26:46 AM

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.

leea-1334

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Quote from: mk4 on June 22, 2021, 11:52:25 AM

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/

As a person formerly an emotional and impulsive buyer that took a few ICOs and regretted because I used BTC to get into them,,, I can attest to this 100%.

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.

While having a real life outside of trading:)

maxreish

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Quote from: Bitcoin_Arena on June 22, 2021, 06:16:10 PM

Depends on what your trading strategy is.

Are you going in long term, short term or Just day trading.

Indeed, you cant just listen all advices here because you can always decide for yourself depends on which type of trade are you going to integrate or use. As it also alwaya depends on how your technical analysis showed your way. But going all in your balance is sure risky if you arent that sure that your short or long entry position will further gonna hit smoothly or not.

arwin100

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Quote from: 9thsky on June 22, 2021, 11:49:00 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.

Not for now I'm waiting to see more deeper since if we act quicky without seeing some possibilities then we might buy at wrong position so better watch closely the market then see the direction of bitcoin goes as well read the chart to see the possible outcome of your trades.

Don't be greedy just wait more and earn by doing a right decision.

Vaculin

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Too bad to look at that many holders/investors had already sold their Bitcoin at loss.
We mostly think that it going down straight after breaking the $30k barrier for several months but the good thing is that we are rallying back. I almost hit the sell button if that to continue to dump, honestly.

It is to realize that we need not rush thinking for negative, it was better to keep calm. We don't let our emotion drives us as it leads to sad ends.

mk4

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Quote from: 9thsky on June 22, 2021, 12:39:56 PM

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

Fun fact: even long-term holders are also in it for the profit. Tongue

And even if you were a trader, going all in is definitely not a great idea. How are you going to make back the money if you lost that all-in trade? You're pretty much screwed. That's a lot more of like gambling, not trading.

Topic: This sh*t ain't for the faint of heart! 😭 - page 4. (Read 599 times)