Who is buying like me - page 5. | Bitcointalksearch.org

CryptoBuds

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Quote from: Sebas.tian on February 06, 2024, 12:28:26 AM

I think, is few investors that is buying like you because many investors have used the opportunity when the price of Bitcoin dumped to $18,743 early last year and they are holding for the price to increase higher before they can make more income from the market. I know, we are still in the bearish season, because the price Still remain $42,951 in the market currently which there is a sign that it can pump higher at anytime for people like you that invested late to have little income to make. I still stand on my prediction that the price of Bitcoin will reach $80,000 before the end of this year, and that is my target before I will think of visiting the market to release my coins.

I don't think many people bought bitcoin when it dropped below $20k because then fear prevailed rather than excitement. I remember when bitcoin fell below 20k$, many people kept waiting for bitcoin to fall below 15k$ to buy but in the end that didn't happen. I even know some people who believe bitcoin will fall below $30k again and they haven't bought anything so far. It can be said that not everyone believed and was brave enough to buy when bitcoin fell below 20k$ last year.

I also don't think we are still in a bear market, bear season is over and we are in a pre-bull phase, IMO. A target of $80k by the end of this year is not impossible, but I prefer the scenario of bitcoin reaching its ATH in 2025.

Sebas.tian

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I think, is few investors that is buying like you because many investors have used the opportunity when the price of Bitcoin dumped to $18,743 early last year and they are holding for the price to increase higher before they can make more income from the market. I know, we are still in the bearish season, because the price Still remain $42,951 in the market currently which there is a sign that it can pump higher at anytime for people like you that invested late to have little income to make. I still stand on my prediction that the price of Bitcoin will reach $80,000 before the end of this year, and that is my target before I will think of visiting the market to release my coins.

LogitechMouse

legendary

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Quote

Re: Who is buying like me

Me since 2022, and never sold any Bitcoin.
Though I only bought small amounts, I guess that would be better than nothing, right?

As per my prediction, we will not see much difference in terms of price movement on Bitcoin, but I expect that it will at least go near or even surpass its previous ATH of ~$69,000. Maybe impossible, but we are just around $20,000+ from that price, and we know how volatile Bitcoin can be especially during the bull run.

Nevertheless, I always have this strategy of continuous buying after the bull run and selling during the bull run. That's the true meaning of "Buy Low, Sell High. It takes time, but obviously safer. As for those newbies out there who are thinking if they should buy or not, think for the long-term. If you believe that Bitcoin will reach 6 digits by next year then by all means, buy whatever the price is. Don't panic when you see your portfolio go down. Just relax, and always think of the long-term.

South Park

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Quote from: JoyMarsha on February 05, 2024, 02:51:44 PM

Before the bitcoin ETF approval, crypto investors had already had the intention of applying a DCA strategy of accumulating bitcoin ahead of the upcoming bull run. However you idea of investing all your funds at once on bitcoin because of the bitcoin ETF approval, is a wrong step to take at this time because we can experience a decline in the price of bitcoin.

If you had made an investment because of bitcoin ETF, what you would have check or ask yourself, how much price has bitcoin increased since the bitcoin ETF approval? $40k-$45k has been the price tag since then, and it has been fluctuating within that range since the approval of bitcoin ETF. However no much price impact has happened on Bitcoin as we have anticipated it to be before the approval of bitcoin ETF.

Could the OP had selected a better point in time to enter the market? Of course, but buying bitcoin before the halving is still a good move, after all even if bitcoin experimented a mild bull run, I still expect it to at least reach 100k at some point, so anyone investing now will get roughly 150% on profits, which is not small at all, it may seem small but only when compared to the previous movements bitcoin produced, but when you compare it with what you can get in other markets even those profits are huge.

_BlackStar

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Quote from: Nrcewker on February 05, 2024, 09:10:26 AM

Quote from: kotajikikox on February 05, 2024, 08:53:05 AM

-snip-

I would suggest you to hold also. Why you selling these high valued coins in so much less price. Bitcoins are way more valuable than the current price. Don’t sell, rather keep on buying at regular basis. Many experts have already predicted that after the halving the price will go till 100k usd. So we have to take the risk to yield the maximum profit after the halving. I am regularly buying the coins and will keep on buying it.

Selling now or later doesn't matter - as long as it's what's best for them. No one needs to be forced to hold bitcoin while they need a budget emergency - they can sell it and they can come back and invest again another day. After all - some people do this because they maximize volatility for accumulation, I mean they sell bitcoin when the price rises a few percent and buy again when it corrects.

So far there are many useful strategies to practice to increase your assets - but some of investor may be very comfortable with buy and hold. I know it's everyone's preference - so there's no forcing about what's best and what's not to do.

Yamifoud

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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 🦾

People are buying in preparation for the next halving and expected bull season. As long as we are buying Bitcoin and potential altcoins, earning huge during this bull season is possible. Currently, the price of Bitcoin is at $42k and quite we missed it when it was below $40k but still a good buying price believing that it reaches another ATH which is probably over $60k.

But have to warn you OP to keep your wallet keys secured or use a hardware wallet if you hold more Bitcoin just to ensure that you will enjoy the rewards, not these hackers.

yohananaomi

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Quote from: kotajikikox on February 05, 2024, 08:53:05 AM

Count me in mate .

Have bought in 38k recently and yeah happy seeing the price staying at 43k now , I may consider selling if the value drops down to 41k again but for sure will buy more when the dump comes before or after the halving .

I am focusing in Buying and selling and not completely Hodling , maybe because I have known the market for years and in Halving season I have seen also the momentum and the chance of buying.

That's right, mate.
That's the advantage of someone like you who can see the situation and analyze it correctly to be able to find differences from what you are doing; not everyone can be like you.It is possible that before the halving period there could be a correction, and you obviously use that to continue buying and holding until the bullish season.

I would be happy if I could buy and sell like you because it is more effective than holding for a long time, although of course the risk is also big. If you can read the movement, it will certainly be easier to determine.

JoyMarsha

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Before the bitcoin ETF approval, crypto investors had already had the intention of applying a DCA strategy of accumulating bitcoin ahead of the upcoming bull run. However you idea of investing all your funds at once on bitcoin because of the bitcoin ETF approval, is a wrong step to take at this time because we can experience a decline in the price of bitcoin.

If you had made an investment because of bitcoin ETF, what you would have check or ask yourself, how much price has bitcoin increased since the bitcoin ETF approval? $40k-$45k has been the price tag since then, and it has been fluctuating within that range since the approval of bitcoin ETF. However no much price impact has happened on Bitcoin as we have anticipated it to be before the approval of bitcoin ETF.

el kaka22

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Many people are rushing to buy as much as they can afford right now, of course not everyone can afford to buy it like crazy, so it is not going to be all that much investing, but looking at the prices, and looking at the liquidity, we could say that there are more people who are buying and holding then ever before. Not that people didn't buy before, but they sold quickly afterwards, within three months, nowadays there are more people who are buying but then holding it and not selling it.

We can see that the amount of people holding more now is the indicator that the whole market is expecting it to change sometime soon. I hope that we could make some kind of money that would actually give people some super amazing return in the end.

YOSHIE

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

Who is buying like me

Whatever you do in the world of crypto, it will have positive and negative impacts on yourself, whether you do it with confidence or doubt, halving one of the news stories on the main page at the moment, what is often talked about by the majority of crypto users, there is a series of speculation that has emerged regarding Bitcoin in the future, prices, markets, predictions and speculation.

It's possible and I'm sure of the activity you are doing right now, most likely many users are doing the same thing (buying) and selling at the end at a price that each of them believes in.

Buying the current situation, for me it's not bad, it's something that is still normal and many people do, considering that the halving has not happened and will happen, of course we all hope that Bitcoin has a much higher value than previous history, hoping that we will see the best the future for Bitcoin.

Nrcewker

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Quote from: kotajikikox on February 05, 2024, 08:53:05 AM

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 🦾

Count me in mate .

Have bought in 38k recently and yeah happy seeing the price staying at 43k now , I may consider selling if the value drops down to 41k again but for sure will buy more when the dump comes before or after the halving .

I am focusing in Buying and selling and not completely Hodling , maybe because I have known the market for years and in Halving season I have seen also the momentum and the chance of buying.

I would suggest you to hold also. Why you selling these high valued coins in so much less price. Bitcoins are way more valuable than the current price. Don’t sell, rather keep on buying at regular basis. Many experts have already predicted that after the halving the price will go till 100k usd. So we have to take the risk to yield the maximum profit after the halving. I am regularly buying the coins and will keep on buying it.

kotajikikox

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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 🦾

Count me in mate .

Have bought in 38k recently and yeah happy seeing the price staying at 43k now , I may consider selling if the value drops down to 41k again but for sure will buy more when the dump comes before or after the halving .

I am focusing in Buying and selling and not completely Hodling , maybe because I have known the market for years and in Halving season I have seen also the momentum and the chance of buying.

Reid

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That's good to hear. It is rare now to see people who will just focus on buying or accumulating more Bitcoin and then just holding it.
Most investors now want something to do with it so they end up DCA-ing. Keep it up because I bet there will be more good news to come and it's better if you are on the side of those who are holding than suddenly be caught by a pump while you are selling.
Good luck on your new journey.

Reatim

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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 🦾

Lets dance together mate , we are likely to buy and but without hesitance , we are here now trusting the whole process and waiting for the bull either this year or the next , but we do now is accumulating.
there are several things we need to consider and that is more on the Halving and ETF as for those nothing can hinder stopping from maiking ATH sooner.

Popkon6

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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 🦾

If you buy bitcoins with DCA method then it is possible to buy bitcoins with this DCA method at any time. As this will be a long term hold, DCA method is definitely better to hold for long term. The DCA method saves on buying bitcoins and the risk of profiting later is higher if the price of bitcoins is cheaper than the average price. And I myself have invested in Bitcoin for over a year, allocated for a few years. I have now had success investing in the DCA method and my portfolio has grown.

yohananaomi

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Quote from: martinex on February 04, 2024, 05:18:06 AM

Quote from: adultcrypto on February 04, 2024, 05:01:41 AM

The DCA is a nice method that should instil the calmness any investor need to be able to buy and hold Bitcoin for as long as necessary.

Today's market performance is extraordinary. I think it's normal if there are those who are still ambitious about buying and don't really think about using the DCA pattern, otherwise when else will they get a decent price other than the last few days, but for the opening next Monday the price usually always opens at a cheap price. So, start spending now.

Whatever scheme you choose, it all depends on your own needs. Maybe there are those who think the DCA scheme is the best, but there are those who want to do another scheme. Most importantly, I agree that it's time to buy when we think the price has dropped and hold immediately. Opportunities may end, and we must remember that the halving period is ahead and everyone understands what will happen.

Sim_card

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It is goo that you gave taken this bold step to buy bitcoin and using the DCA approach is the best because it gives you the advantage to buy bitcoin at different price interval. However, I am still stashing up my bitcoin portfolio getting ready for the next bull run, but I don't plan to sell it then until I have seen that bitcoin has hit my price target. Another thing that is important is that you shouldn't only focus on the profit aspect alone, even though I know that most of us are investing in bitcoin to make profit. This is because if bitcoin price didn't go as you have planned, it might make you get disappointed and sell of when it is not of your will.

ARTOIS

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In light of the rise of Bitcoin and the recovery of the market, I believe that the value of the currency will increase in an unlimited way and will attract more attention and investors. At the end of the year, according to specialists in this field, its value will reach more than $100,000. I hope that that everyone Will win and profits will return to everyone.

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Quote from: adultcrypto on February 04, 2024, 05:01:41 AM

The DCA is a nice method that should instil the calmness any investor need to be able to buy and hold Bitcoin for as long as necessary.

Today's market performance is extraordinary. I think it's normal if there are those who are still ambitious about buying and don't really think about using the DCA pattern, otherwise when else will they get a decent price other than the last few days, but for the opening next Monday the price usually always opens at a cheap price. So, start spending now.

adultcrypto

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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 are not alone in the DCA method as that have become the best approach for small investors like us. It is actually an amazing strategy that is simple and easy to apply for anyone. What I will not do is to ignore the rules of safe investing because of the greed of becoming reach in the coming bull market. If you buy the hype, there are high chances you will make mistake along the line and regret later. The DCA is a nice method that should instil the calmness any investor need to be able to buy and hold Bitcoin for as long as necessary.

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