DCA is the common trend here in BTT. If all new bitcoin investors will be joining us here, they can benefit from more learnings coming from our experienced old time bitcoiners here. As opposed to waiting until bitcoin drops to $10k with zero guarantees, they are also the ones who easily FOMO when bitcoin is hovering at $150k each and will turn emotional and sell them at the bottom when the price drops again.
The story goes like this. The experienced do a DCA and the newbies want to catch the cheapest price. The experienced can sell with a profit-is-profit mindset and the newbies want to sell at the peak. The experienced HODL when the market turns bloody and the newbies will sell with heavy losses.
Topic: Too risky to leave BTC right now (Read 476 times)
Because this is the bearish season. In this era, people will choose to buy more Bitcoins at a lower price. In is a cycle where there are bearish and bullish. And when we have bought a lot of Bitcoin in the current era and then hold Bitcoin for a long time until the next bullish era, then what happens? Yes, we will get higher profits compared to now. And the benefits obtained can be several times. Wouldn't it be natural for us to buy in the bearish era by asking for a lower price, right?
... This way you will feel better.....remember, when people are calling for the exact same thing the opposite always happens.
Do not sit back and do nothing
Related tot he exact rate, there is none that can guarantee if the price will hit at the certain rate. For example, we expect $10k, but this doesn't mean that we must wait for that rate for buying. That is why we are using the DCA system in buying Bitcoin. I think that this is the wisest and most appropriate way to make the investment in Bitcoin during the bearish era. So, we can utilize every season to be more optimal. And about the price taregt that we want to sell, we cna also use the similar technique in order to stay taking profits in certain rates. Just not be greedy Do not sit back and do nothing
It's way too risky to be out of bitcoin right now because people are calling for 10,000$ per Bitcoin before they will start buying, it sounds like when people are calling for 100,000$ per BTC months ago and the opposite happened, now people are calling for 10k again, the opposite might happen again, the best way to deal with this is start buying BTC every week, maybe on Mondays? This way you will feel better.....remember, when people are calling for the exact same thing the opposite always happens.
Do not sit back and do nothing
Bitcoin does not have specific figure it accelerate as a particular price value since the adoption, so i believe that anyone that is anticipating that the price will fall to crash and also increase to a certain point, is just making it's own personal suggestion of Bitcoin, actually your are right for some people to purchase cryptocurrency now since the price experiencing downfalls constantly. Do not sit back and do nothing
the opposite might happen again, the best way to deal with this is start buying BTC every week, maybe on Mondays? This way you will feel better.....remember, when people are calling for the exact same thing the opposite always happens.
Do not sit back and do nothing
Don't suggest folks buy bitcoin every single week. Not everyone is able to make weekly bitcoin investments. As we all know, the market is actually down and now is a great opportunity to invest, but before you do, DYOR and only invest with money you can afford to lose.Do not sit back and do nothing
Anytime, anywhere, there is a chance to invest in bitcoin. Nobody should follow the herd and invest in bitcoin since it's a risky investment. Invest when you intuition tells you to
To be frank, I never expected that Bitcoin would literally kiss the dust this November. My projection was that Bitcoin would bull this month. Sadly, this month has proved to be a slur. Well, in all this I still believe Bitcoin will bounce back. This price level is a good time to buy in. Even if one buys now and it dips, it's still a great discount. Whether price is at $10k or $30k, anyone who can afford savings should start buying in bits now. DCA on your investments or if you can wait some more, try buying in before the last quarters of 2023 when the excitement of Bitcoin halving will be gearing up.
These are rumors, and you should not believe them; believing rumors like these will make your bitcoin journey tough. People can only predict prices, but they can't predict what will happen to their projections. If these predictions are correct, we will not need to research the market to determine when to buy, hold, or sell our coins. Don't believe everything you hear; the market is volatile, and anything can happen at any time.
It's way too risky to be out of bitcoin right now because people are calling for 10,000$ per Bitcoin before they will start buying, it sounds like when people are calling for 100,000$ per BTC months ago and the opposite happened, now people are calling for 10k again, the opposite might happen again, the best way to deal with this is start buying BTC every week, maybe on Mondays? This way you will feel better.....remember, when people are calling for the exact same thing the opposite always happens.
Do not sit back and do nothing
Do not sit back and do nothing
Its just assumption and you cannot say anything accurate to what people's sentiment at that time since its different scenario where market is in bullish since many people hope for more great things to happen. Also in bearish season we cannot also say that recovery might happen because we cannot still predict the outcome and might we could see the market dump more if more worst case situation occurs especially right now we are in crisis.
We know how cryptocurrency is very volatile it depends on how the people make an investment with the BTC if you are a whale and make a buy or sell it is really affects the current market price and if people get FOMO with this kind of price action manipulation there's a chance it will dump or pump immediately but right now the price of the BTC is sitting from its support of 18-20k price if this breaks that's the time it makes another dump with the market. For the people who don't mind yet the market dump, this is a great chance to have the opportunity to make a token accumulation for the upcoming pump.
But it can also be a level that will hold the price. We are now at the high of the last cycle, and historically this level is the bottom of the next cycle, so it may be that we are already at the bottom and after that the growth will begin. If, nevertheless, the support level at 19k is broken, then it will be something new for analytics. I see that many are waiting for this, but I would like to believe that we have already reached the bottom and further growth awaits us, perhaps not right now, but after a while, we will start to grow from this level.
You don't have to believe anyone's predictions because they are reality; however, the question is how they will entice additional investors to invest when they intend to withdraw their own funds. Even major crypto influencers are calling for 150k per BTC in the bull market. Since Bitcoin has lost over 70% of its value, only those who purchased it at the ATH will suffer a loss. As a result, it is currently a good time to buy; people are actually purchasing it.
I came from the grocery a while ago and my former colleague was also there we chitchatted for a while and talked about bitcoin. She told me about how she has missed the train and didn't listen to me when I told her that I'm into bitcoin a few years ago. Well, I didn't encourage her because I've got a bad experience encouraging people to invest in bitcoin. So, there's now the other side of that story when I was very encouraging to my friends about investing in bitcoin. But after someone blamed me for their losses because of the situation of the market, I'm not voluntarily giving them suggestions if they should invest or not but, I'm giving them the idea about it. We're lucky that we're still here and still holding on despite the market situation but soon, it will be good again and it's not the best time to think about leaving.
We know how cryptocurrency is very volatile it depends on how the people make an investment with the BTC if you are a whale and make a buy or sell it is really affects the current market price and if people get FOMO with this kind of price action manipulation there's a chance it will dump or pump immediately but right now the price of the BTC is sitting from its support of 18-20k price if this breaks that's the time it makes another dump with the market. For the people who don't mind yet the market dump, this is a great chance to have the opportunity to make a token accumulation for the upcoming pump.
It's way too risky to be out of bitcoin right now because people are calling for 10,000$ per Bitcoin before they will start buying, it sounds like when people are calling for 100,000$ per BTC months ago and the opposite happened, now people are calling for 10k again, the opposite might happen again, the best way to deal with this is start buying BTC every week, maybe on Mondays? This way you will feel better.....remember, when people are calling for the exact same thing the opposite always happens.
Do not sit back and do nothing
You may be right and at the same time, you may be wrong, even though people are calling for a $10,000 price that does not translate into an uptrend price. The opposite doesn't always happen in most cases but again in some cases, it may happen. Do not sit back and do nothing
But when it comes to Bitcoin price speculation we should always try to bring in some data analysis before arriving at any conclusions, but all I see with this kind of statement, are just predictions and nothing else.
That's how fud and FOMO works so if the same with OP also with other newbies always keep listening to the call of people about the possible outcome they might enter a phase where they are not sure on what they are trying to do. Much better if they learn a skills on trading's at acquire little knowledge about technical and fundamentals since if they can track the market then somehow get something which can make their a basis maybe from that they will know how to plan their next action base on what market condition.
It's way too risky to be out of bitcoin right now because people are calling for 10,000$ per Bitcoin before they will start buying, it sounds like when people are calling for 100,000$ per BTC months ago and the opposite happened, now people are calling for 10k again, the opposite might happen again, the best way to deal with this is start buying BTC every week, maybe on Mondays? This way you will feel better.....remember, when people are calling for the exact same thing the opposite always happens.
Do not sit back and do nothing
You may be right and at the same time, you may be wrong, even though people are calling for a $10,000 price that does not translate into an uptrend price. The opposite doesn't always happen in most cases but again in some cases, it may happen. Do not sit back and do nothing
But when it comes to Bitcoin price speculation we should always try to bring in some data analysis before arriving at any conclusions, but all I see with this kind of statement, are just predictions and nothing else.
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when people are calling for the exact same thing the opposite always happens.
It's way too risky to be out of bitcoin right now
It is also risky and will be regrettable if we don't take advantage of this dip in price of bitcoin right now. It is also risky to want to buy bitcoins now and not have an updated knowledge about how to buy profitably. It will be risky also to get scared and bail out on bitcoins now because it may not look promising for the shortsighted. Likewise it is risky to keep holding bitcoins. Bottom line is choose your risk wisely.
It's way too risky to be out of bitcoin right now because people are calling for 10,000$ per Bitcoin before they will start buying, it sounds like when people are calling for 100,000$ per BTC months ago and the opposite happened, now people are calling for 10k again, the opposite might happen again, the best way to deal with this is start buying BTC every week, maybe on Mondays? This way you will feel better.....remember, when people are calling for the exact same thing the opposite always happens.
Do not sit back and do nothing
You may be right and at the same time, you may be wrong, even though people are calling for a $10,000 price that does not translate into an uptrend price. The opposite doesn't always happen in most cases but again in some cases, it may happen. Do not sit back and do nothing
But when it comes to Bitcoin price speculation we should always try to bring in some data analysis before arriving at any conclusions, but all I see with this kind of statement, are just predictions and nothing else.
$10,000 BTC prediction is just an assumption therefore, it has no concrete affection to real believers of bitcoin but newcomers might taking it as serious thing. Buying bitcoin when it has climbed down to $10,000 is an another illusion or fantasy in mind. All the times are good to buy btc and the best time to buy is when the market is on bear, like this one now. Because at this bear market the price is low and the low income earners can afford it at this time so if anyone want to buy bitcoin this bear is recommended. Bitcoin can not reduce to 10k over night so planning to buy it when it is 10k is their personal choice then they have to wait for the market to go down again, probably next 20 years. In my own assumption bitcoin will not go down below 17k, the time bitcoin would have reached 10k as passed. it was at the time of July or June this year but he scale through even at that time.
Waiting for the price of 10,000 is a lottery, you may or may not get lucky. Or maybe it will be a temporary decline and the price will reach the expected price, but it will be so short-lived that no one will have time to buy if they do not list lots prematurely. Therefore, waiting for 10,000 is a risky business, but this is normal, in a bear market, no matter what the price is, there will always be expectations of an even lower price. Also, in a bull market, positive mood always prevails.But you see, the statistics tells us that there are very few successful investors/traders, most of them lose money, which means that the majority will continue to make mistakes, in this case, wait for 10k.
It's way too risky to be out of bitcoin right now because people are calling for 10,000$ per Bitcoin before they will start buying, it sounds like when people are calling for 100,000$ per BTC months ago and the opposite happened, now people are calling for 10k again, the opposite might happen again, the best way to deal with this is start buying BTC every week, maybe on Mondays? This way you will feel better.....remember, when people are calling for the exact same thing the opposite always happens.
Do not sit back and do nothing
Do not sit back and do nothing
$10,000 BTC prediction is just an assumption therefore, it has no concrete affection to real believers of bitcoin but newcomers might taking it as serious thing. Buying bitcoin when it has climbed down to $10,000 is an another illusion or fantasy in mind. All the times are good to buy btc and the best time to buy is when the market is on bear, like this one now. Because at this bear market the price is low and the low income earners can afford it at this time so if anyone want to buy bitcoin this bear is recommended. Bitcoin can not reduce to 10k over night so planning to buy it when it is 10k is their personal choice then they have to wait for the market to go down again, probably next 20 years. In my own assumption bitcoin will not go down below 17k, the time bitcoin would have reached 10k as passed. it was at the time of July or June this year but he scale through even at that time.
Some people are just greedy. The price of bitcoin is cheap that it can be affordable but some people still want the price to go dip. The best thing to do is to buy bitcoin in every dip, it is good opportunity that can be missed. No one knows if anyany moment we will be out from the dip.
Should I just tell you the fact, no matter how bitcoin price dump people wont still buy, they will still continue to wait for more dip till they see bitcoin price at the top again before they start regretting why they didn't buy when the price was cheap. We all know that bitcoin price is down now but some people are still calling for $10k, if bitcoin hit $10k some people wont still buy, maybe they will start predicting that bitcoin will dump to $1k and if it get to that price that's when they will start buying and when it get to the price they won't still buy. I dont listen to what people say, I know bitcoin price is down already so I always buy whenever am having extra money and I don't care if it dumps more, I don't listen to what people say.
What you're trying to do makes sense to me, and I don't have a problem with it at all. We never get bored with Bitcoin. As long as you're familiar with the market, you're good! Accumulating more often is definitely something I'll do. Don't be afraid to take a risk, and ignore those who doubt you. Keep this in mind:
It's important to want it when no one else does. You have to sell it when everyone wants it.
Simple as that.
It's important to want it when no one else does. You have to sell it when everyone wants it.
Simple as that.
we have to ease our risks by investing gradually as the market price goes down.
the strategy you use to own more BTC assets by buying incrementally is pretty good. I guess a lot of traders and investors do too.Jump to: