Who is buying like me - page 3. | Bitcointalksearch.org

bettercrypto

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Quote from: Troytech on January 18, 2024, 09:35:25 PM

Bitcoin Etf approval brought joy to our faces, yes another win for bitcoin, then how much more would the next halving bring, right now all I'm doing Is buying, I was DCAING gently before, but right now no one hold me, no more gentle buys, cause right now I'm pumped, I'm dancing for the bull run, I wasn't part of the last halving cause just recently started my bitcoin journey and I can't wait to brag about beign one of the next bull run partakers. Start buying 🦾

Honestly, when I first heard that the Bitcoin spot ETF was approved, I was very happy. But after 2 weeks of the approval given by the SEC on the ETF, I suddenly felt worried from a different angle. Why? because I noticed that among the approved companies that passed the spot ETF in less than a month, they were able to accumulate Bitcoin in less than a month. Then most of them don't really hold.

No one is selling, and if someone is selling, it's like they're talking about who they're going to sell the bitcoin to. As long as what I'm thinking isn't going well, it seems like I'm seeing a squeeze of Bitcoin that these institutional investors will do.

doomloop

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Quote from: Zanab247 on February 21, 2024, 10:57:29 AM

Since you said that you just joined the BTC investment, that is why you are still buying BTC when the price has increased higher in the market, but if you want to buy at this period, buy with little capital because the bull run is on board and it will still increase higher before the end of this month.

I guess is only few investors that is buying BTC now because, those that bought early last year are waiting for the price to reach $60k before they will begin to sell and, it will be a good thing if you can save some money against next year because the bull market will surely occur for those that sold their BTC this month of february.

We are still at the recovery phase, in my opinion, and it's not the bull run because generally, based on historical events, the bull run starts a few months from the halving event, and the halving event is yet to occur which is scheduled for April and we still have more than 40 days for it.

When we talk about the price of Bitcoin, if I am honest, I think we have got enough for this month, the price has become a bit stable between $51k to $53k now, and it keeps going up and down just within that range. It's a bit confusing whether it will have a correction from this point or will go up further, but in my opinion, it is most likely going to correct itself first before it goes up towards $55k.

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Quote from: ShowOff on February 23, 2024, 04:40:51 PM

Quote from: AprilioMP on February 23, 2024, 03:04:30 PM

At the beginning of the ETF approval, not many welcomed the decision with joy because the price of Bitcoin did not increase, in fact the overall market price decreased following the price of Bitcoin. The reason I say this is because many topics have been raised regarding ETFs and many people's responses are pessimistic about the positive impact on price increases. Whether by coincidence or not, I found that the approval ratings were related to predictions about when things would happen.

I think you have the wrong perception there. Everyone welcomes the approval of a spot bitcoin ETF, but they just need to realize that the impact on the price of bitcoin is not immediate after approval. The price of bitcoin had basically started to trend positively before the approval of the ETF, but many people were hoping for a major impact that would trigger major bullishness.

My perception is based on what I read from every post on every topic created with content around ETF approval. Some did not welcome the SEC's decision regarding ETF approval because Bitcoin prices did not immediately increase shortly after the decision came out.
If I am wrong, it means that I need to sharpen my calculations regarding this matter again.

Quote from: ShowOff on February 23, 2024, 04:40:51 PM

Quote from: AprilioMP on February 23, 2024, 03:04:30 PM

Some time after the approval, if I'm not mistaken, it was more than a week later before the crypto market price changed, where Bitcoin rose to $45K and then consistently continued to increase until it passed $50K.
Bitcoin users as an investment asset continue to take advantage of price increases as an opportunity to continue to increase the amount of Bitcoin in their portfolio. For me, this is a good sign to look forward to the long awaited time.

If many people are trying to own Bitcoin, then we need to do it too. Don't do it because you have to or go along with it.

Bitcoin ETF is one of the fundamentals that will have a positive impact in the short and long term, but of course you don't need to worry about the short term being too volatile and focus on the long term. Halving is coming soon and it will also support a better trend.

My current perception of ETFs is like a confused person in a crowd.
In fact, at every opportunity I say that whatever happens to the Bitcoin market, I will enjoy it because I want to feel how Bitcoin reaches ATH which I never experienced before being active here.
I am very patiently waiting for everything that happens including the rise and fall of market prices.

red4slash

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The concept of DCA in purchasing has always been a prima donna that is recommended and must be done if you really want to make bitcoin a handle and in a nominal that is not too large it can still happen but on the other hand we must be aware that sometime there are some conditions that do make us aggressive in making purchases .
I don't think this is wrong because as long as you are able then you have to do that but don't let when you buy DCA and change to a more aggressive strategy it actually gets you into trouble .We have to think about our finances because in the end doing two schemes with DCA and changing it to be more aggressive can actually make our economy problematic and make the strategy that we have built before fall apart.

ShowOff

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Quote from: AprilioMP on February 23, 2024, 03:04:30 PM

Quote from: Troytech on January 18, 2024, 09:35:25 PM

Bitcoin Etf approval brought joy to our faces, yes another win for bitcoin, then how much more would the next halving bring, right now all I'm doing Is buying, I was DCAING gently before, but right now no one hold me, no more gentle buys, cause right now I'm pumped, I'm dancing for the bull run, I wasn't part of the last halving cause just recently started my bitcoin journey and I can't wait to brag about beign one of the next bull run partakers. Start buying 🦾

At the beginning of the ETF approval, not many welcomed the decision with joy because the price of Bitcoin did not increase, in fact the overall market price decreased following the price of Bitcoin. The reason I say this is because many topics have been raised regarding ETFs and many people's responses are pessimistic about the positive impact on price increases. Whether by coincidence or not, I found that the approval ratings were related to predictions about when things would happen.

I think you have the wrong perception there. Everyone welcomes the approval of a spot bitcoin ETF, but they just need to realize that the impact on the price of bitcoin is not immediate after approval. The price of bitcoin had basically started to trend positively before the approval of the ETF, but many people were hoping for a major impact that would trigger major bullishness.

I don't expect you to have a perception like that because actually you have to be patient enough to be in the market and make the long term your main target for investment results. In the short term, price volatility frustrates some investors, this is because volatility is too high considering that people do not yet appear calm.

Quote from: AprilioMP on February 23, 2024, 03:04:30 PM

Some time after the approval, if I'm not mistaken, it was more than a week later before the crypto market price changed, where Bitcoin rose to $45K and then consistently continued to increase until it passed $50K.
Bitcoin users as an investment asset continue to take advantage of price increases as an opportunity to continue to increase the amount of Bitcoin in their portfolio. For me, this is a good sign to look forward to the long awaited time.

If many people are trying to own Bitcoin, then we need to do it too. Don't do it because you have to or go along with it.

Bitcoin ETF is one of the fundamentals that will have a positive impact in the short and long term, but of course you don't need to worry about the short term being too volatile and focus on the long term. Halving is coming soon and it will also support a better trend.

AprilioMP

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Quote from: Troytech on January 18, 2024, 09:35:25 PM

Bitcoin Etf approval brought joy to our faces, yes another win for bitcoin, then how much more would the next halving bring, right now all I'm doing Is buying, I was DCAING gently before, but right now no one hold me, no more gentle buys, cause right now I'm pumped, I'm dancing for the bull run, I wasn't part of the last halving cause just recently started my bitcoin journey and I can't wait to brag about beign one of the next bull run partakers. Start buying 🦾

At the beginning of the ETF approval, not many welcomed the decision with joy because the price of Bitcoin did not increase, in fact the overall market price decreased following the price of Bitcoin. The reason I say this is because many topics have been raised regarding ETFs and many people's responses are pessimistic about the positive impact on price increases. Whether by coincidence or not, I found that the approval ratings were related to predictions about when things would happen.

Some time after the approval, if I'm not mistaken, it was more than a week later before the crypto market price changed, where Bitcoin rose to $45K and then consistently continued to increase until it passed $50K.
Bitcoin users as an investment asset continue to take advantage of price increases as an opportunity to continue to increase the amount of Bitcoin in their portfolio. For me, this is a good sign to look forward to the long awaited time.

If many people are trying to own Bitcoin, then we need to do it too. Don't do it because you have to or go along with it.

AnonBitCoiner

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The better thing in such situations is buying and accumulating bitcoin as more as you can and utilise your money with the help of wise thoughts. If someone is unable to buy with the help of DCA method then he should buy at one and then stop for waiting more until the price surges to give you profit.

Bull run is near and everyone is accumulating bitcoin no matter its 50k$ or above because everyone trust prediction that in coming Bull run the price will be even more than this value so everyone is in Struggle to get more profit from this halving. Store and accumulate bitcoin until you have wealth because using your wealth in useless activities will not give you anything but investment in Bitcoin can be profitable for you in future.

ShowOff

legendary

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Quote from: CageMabok on February 22, 2024, 11:57:47 AM

Quote from: Zanab247 on February 21, 2024, 10:57:29 AM

Since you said that you just joined the BTC investment, that is why you are still buying BTC when the price has increased higher in the market, but if you want to buy at this period, buy with little capital because the bull run is on board and it will still increase higher before the end of this month.

If there is still a possibility for it to increase even higher this month, why not just buy it with more money? Wouldn't it actually be even more profitable if the number of Bitcoins purchased could be greater at the current price? Because buying with a small amount of capital will not result in much profit when the Bitcoin price starts to increase again to a higher level.

It's up to someone how they want to buy it, whether with a low budget or maybe with a large budget. Generally buying with a low budget can mean they do DCA, this is normal considering that not everyone has a consistent income.

Regarding DCA, they can divide several portions of their budget to buy at different time frames and prices. This strategy is profitable in the long term and has been recommended by many experienced investors. If someone is consistent with the strategy, then it is very possible for them to build their investment portfolio better than not at all.

Quote from: CageMabok on February 22, 2024, 11:57:47 AM

I actually think that this month there will be more investors in Bitcoin because those who haven't bought at the beginning of this year are also eager to experience profits through Bitcoin. Moreover, if they set their own targets for the long term and not just monthly calculations, of course they will make regular purchases of Bitcoin as long as it has not yet risen to a higher level.

Of course it is possible, especially for those who frequently advantage cycles of bull season. Between the two cycles, I think the period approaching the halving is the best time to buy in large quantities. If they don't buy in early 2023, then maybe it's time to buy now even though the price is already 2x higher than last year.

CageMabok

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Quote from: Zanab247 on February 21, 2024, 10:57:29 AM

Since you said that you just joined the BTC investment, that is why you are still buying BTC when the price has increased higher in the market, but if you want to buy at this period, buy with little capital because the bull run is on board and it will still increase higher before the end of this month.

If there is still a possibility for it to increase even higher this month, why not just buy it with more money? Wouldn't it actually be even more profitable if the number of Bitcoins purchased could be greater at the current price? Because buying with a small amount of capital will not result in much profit when the Bitcoin price starts to increase again to a higher level.

Quote

I guess is only few investors that is buying BTC now because, those that bought early last year are waiting for the price to reach $60k before they will begin to sell and, it will be a good thing if you can save some money against next year because the bull market will surely occur for those that sold their BTC this month of february.

I actually think that this month there will be more investors in Bitcoin because those who haven't bought at the beginning of this year are also eager to experience profits through Bitcoin. Moreover, if they set their own targets for the long term and not just monthly calculations, of course they will make regular purchases of Bitcoin as long as it has not yet risen to a higher level.

Zanab247

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Since you said that you just joined the BTC investment, that is why you are still buying BTC when the price has increased higher in the market, but if you want to buy at this period, buy with little capital because the bull run is on board and it will still increase higher before the end of this month.

I guess is only few investors that is buying BTC now because, those that bought early last year are waiting for the price to reach $60k before they will begin to sell and, it will be a good thing if you can save some money against next year because the bull market will surely occur for those that sold their BTC this month of february.

AirtelBuzz

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Quote from: Sorryfor on February 18, 2024, 02:40:41 AM

If you have decided to invest in Bitcoin yet, you need to be patient for a certain period of time. We know that Bitcoin is currently very dynamic. Many people think that the bull run has started. However, there are many differences of opinion about it. Many people think that the bull run has not yet started.

Any coin you buy and invest in, not just Bitcoin, requires patience strength and experience. If someone buys Bitcoin and is unable to hold it for a long period of time then he will not succeed in his investment. The price of Bitcoin is currently stable but a week ago this Bitcoin price had increased significantly. Many people may think bullrun season has started after seeing Bitcoin price rise but I think Bitcoin halving will be the start of bullrun season in cryptocurrency market.

Quote

So as an investor you have to invest keeping this in mind. But you can benefit by following DCA method. You can also invest in bitcoins with small amounts in the short term. And in Bitcoin, many people buy it with an eye towards making a profit. However, it is not unusual for the price to drop. So you can decide by considering both sides.

It is fine that you invest in DCA method but if you fail to hold it for a long time then you will not be able to enjoy the proper benefits of this investment. While investing in this method we have to plan that we will buy bitcoins with a certain amount of money per week or month and keep it hold for a long period of time.

Sorryfor

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There is still potential to make a profit by investing in Bitcoin. But currently Bitcoin has a good amount of value. You could have invested in Bitcoin months ago if you wanted, because then the value of Bitcoin was low. Now if you invest in bitcoin, you must hold bitcoins if you want to earn profit from it. Because the price of Bitcoin has been stable for some time now. In the future, it cannot be said precisely whether its price will increase or what level it will go to. However, it is a good decision to adopt the DCA method when investing in Bitcoin. So if you want to invest in Bitcoin then invest and hold the amount of Bitcoin you can afford. The value of Bitcoin will increase enormously in the next few months.

crwth

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You know that it's a great basis when it comes to buying because a lot of things have been true when the halving begins. It always increases in terms of price and value. I do believe that we can get to the right step and reach multiple ATHs within the cryptocurrency space.

Anyway, welcome, and congratulations on your decision to buy!

Sorryfor

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If you have decided to invest in Bitcoin yet, you need to be patient for a certain period of time. We know that Bitcoin is currently very dynamic. Many people think that the bull run has started. However, there are many differences of opinion about it. Many people think that the bull run has not yet started. So as an investor you have to invest keeping this in mind. But you can benefit by following DCA method. You can also invest in bitcoins with small amounts in the short term. And in Bitcoin, many people buy it with an eye towards making a profit. However, it is not unusual for the price to drop. So you can decide by considering both sides.

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Quote from: Troytech on January 18, 2024, 09:35:25 PM

Bitcoin Etf approval brought joy to our faces, yes another win for bitcoin, then how much more would the next halving bring, right now all I'm doing Is buying, I was DCAING gently before, but right now no one hold me, no more gentle buys, cause right now I'm pumped, I'm dancing for the bull run, I wasn't part of the last halving cause just recently started my bitcoin journey and I can't wait to brag about beign one of the next bull run partakers. Start buying 🦾

There is nothing wrong with making investments and doing DCA, just make sure that you are not being irrational with your investments and investing more money than you should because even if Bitcoin is proven to be profitable in the long run, one isn't supposed to invest money that isn't supposed to be used for investments because the cryptocurrency market is highly unpredictable and it might not always go the way you might have been expecting it to.

Let's suppose you have invested money that you had kept for some emergency, thinking that the market will go up and you will withdraw the money with some profit, now if the market goes the other way and your investment goes in loss, you won't be able to withdraw the money before it recovers and sometimes it can take some time before it recovers.

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Quote from: Troytech on January 18, 2024, 09:35:25 PM

Bitcoin Etf approval brought joy to our faces, yes another win for bitcoin, then how much more would the next halving bring, right now all I'm doing Is buying, I was DCAING gently before, but right now no one hold me, no more gentle buys, cause right now I'm pumped, I'm dancing for the bull run, I wasn't part of the last halving cause just recently started my bitcoin journey and I can't wait to brag about beign one of the next bull run partakers. Start buying 🦾

You're doing the right thing and you'll be happy you started DCAing when the bull market comes finally because you'll be making big profits. I was buying already before Bitcoin ETF approval and I haven't stopped buying, I'm dcaing the small amount I have as I don't have much money for now but I make such I don't miss buying Bitcoin every month. I'm making it a habit so that when I start making big income I won't fall back but continue buying and increasing the quality of Bitcoin that I'll be holding for the bull market. My target is to own a minimum of 1 Bitcoin therefore I'll be buying more as I make profits from trading and my other physical business that I'm doing. This is also my first Bitcoin bull run but I have read about other bull markets.

ShowOff

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Quote from: yohananaomi on February 13, 2024, 04:36:43 PM

Quote from: Sexylizzy2813 on February 06, 2024, 03:31:17 PM

-#-
To me I'd love to see BTC at $50k and above, is like nothing of surch I'd going to happen till the halving period, I hope to see a positive change in the transfer fee too because that alone is killing business.

Yesterday, it was exceeded, as you thought, that bitcoin could pass the crucial figure of $50K, but unfortunately, now it has finally fallen again, and that's how it has been happening this week, always moving slowly up and down again. Will this be a correction again after passing the resistance that has been passed? Of course, you need to be patient and wait to see which direction this will take, but I believe that there will be a fairly high correction before entering the halving period.Indeed, the main problem is that all transactions are still quite high and difficult to reduce, in contrast to altcoins, which have the advantages of speed and low fees.

DCA is a good strategy regardless of its current price. Yesterday bitcoin had reached $50k, but today the price corrected to $48,300 although it is finally starting to show gradual recovery. Now the price of bitcoin is only $400 short of $50k, so not bad for the market reaction to the recovery.

Market behavior tends to show panic, especially because many market players do not want to experience losses due to declines. Of course they have to be very patient and stay out of the market a bit, but it seems that short traders have a hand in every major downturn. By the way, you mentioned transaction fees, I don't think I found any correlation between high fees and falling prices.

yohananaomi

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Quote from: Sexylizzy2813 on February 06, 2024, 03:31:17 PM

-#-
To me I'd love to see BTC at $50k and above, is like nothing of surch I'd going to happen till the halving period, I hope to see a positive change in the transfer fee too because that alone is killing business.

Yesterday, it was exceeded, as you thought, that bitcoin could pass the crucial figure of $50K, but unfortunately, now it has finally fallen again, and that's how it has been happening this week, always moving slowly up and down again. Will this be a correction again after passing the resistance that has been passed? Of course, you need to be patient and wait to see which direction this will take, but I believe that there will be a fairly high correction before entering the halving period.Indeed, the main problem is that all transactions are still quite high and difficult to reduce, in contrast to altcoins, which have the advantages of speed and low fees.

jaberwock

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Quote from: Questat on February 07, 2024, 07:39:50 AM

The accumulation isn't over yet, so keep going until you think it was enough OP. ETF is over but halving is coming near and we expect for a price surge. Can't hide the excitement we feel but we should still be wise keep on the limits, and just invest the amount that we can afford to risk. Keep in mind that hackers are everywhere, and keeping our wallets secure is highly recommended. Perhaps, it was part of our investment strategy and preparation so we can fully enjoy the upcoming bull season and ATH.

Each of us has our own targets. Some already reached it because it can only be small, while for some like you maybe not yet for to say that. ETF might be over but its effects aren't yet. In fact it may not even started since there is no huge jump that occurred in the price of BTC.

Apart from that, there is also halving. These are two of the many reasons on why many people are still buying and hodling. To have a limit and securing a wallet are only a basic rule that we must follow. They are not a strategy but they are still more important than a strategy because some strategies may not work, although it can also depend on the person who are investing as some can get distracted and can go beyond their set limits.

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Quote from: AakZaki on February 06, 2024, 05:12:46 PM

All decisions to buy and hold are your own plans and they are good decisions. Buy Bitcoin gradually and wait for the bull run to arrive. If you are able to hold it for a long time I am sure it will give you many benefits. You're still just getting started, we're entering an incredible 2024 and the Halving is just around the corner. buying in stages with DCA is a good strategy and keep doing it.

Definitely one should try to buy the coin themselves. The decision to buy the coin, completely needs to be on the investor only. Now regarding who is buying, then I guess all the smart people are doing it in the backend. They already know what Bitcoins are capable of and have seen Bitcoins rising from the bottom of the chart. Hence they know how rare Bitcoins are and how big Bitcoins can grow. So they are continuously buying at regular intervals.

Topic: Who is buying like me - page 3. (Read 1031 times)