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Topic: Who's been buying recently? (Read 732 times)

sr. member
Activity: 1274
Merit: 293
August 25, 2021, 03:18:39 AM
#81
I think there are a number of large companies that are flocking to buy Bitcoin and altcoins in large quantities so that the movement of the crypto market continues to increase significantly. However, you must remember, every time the price goes up, it doesn't mean that the strengthening will continue. There are periods where the price will fall or crash. This is what everyone who currently holds Bitcoin and altcoins should be wary of.
They're the biggest buyers right now but I think that there's not a lot of companies that are buying as of this time so I think that it's not the companies that's currently buying, probably whales are the one that's buying or there's just more people buying right now, crypto is getting more famous.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
August 30, 2021, 02:48:50 PM
#77
Both whales and small investors like us. When there is a good news, everone rushes to buy before the sell off comes and that good news was due to Elon Musk's stand about mining and the most recent about Amazon.

But the latter was denied by Amazon itself and then the market has shown a quick dump but again, it has crossed $40k and this might be the natural bounce.
Basically this, all kind of people are buying bitcoin right now, from those that are thinking on buying bitcoin and hold it forever to those that are only trying to get some short term profits, and the reason is simple when you look at the market there are many positive signs that indicate a significant growth during the next months.
supporting this part because i was amazed yesterday seeing my Best friend buying  Ethereum knowing him for years not that hates crypto , and to my surprise ? he did buy without even asking me because he knows i will mock him lol.

Now he is a Ethereum holder and that is a sign that people realizes now how they are missing the opportunity for years now.

Quote
Now it may take longer than that but it does not matter, we know that it is coming and there is nothing worse than to know something is coming and to not take actions to take advantage of that situation, after all you could try to buy when the price begins to grow up but at that point it could be too late as the price could explode out of nowhere as we have seen many times in the past.
if you are a true believer and HODLER you will care nothing about the price if high or low instead you will always grab the opportunity when given.
That is an interesting story, in a way it is great that your friend has finally decided to enter in the market of cryptocurrencies, however it is a little bit worrying that instead of buying bitcoin he decided to buy ethereum, I say this because it is very common for those that buy ethereum as their first coin that they decide to invest in all kind of altcoins, and we know thanks to the experience that we have in the market that it is really difficult to select the right coin to invest in as there are thousands of them and all of them look alike.

But at least he got in the market which is already a good sign, if I was in the same position as you are I will probably try to give my arguments to that friend about why it is a good idea to also have some bitcoin in hand as in my opinion it is a mistake to not hold any bitcoin no matter how small your capital could be.
hero member
Activity: 2030
Merit: 402
August 28, 2021, 03:35:08 PM
#76
Actually, it is normal people who are buying the most in the recent times. After the start of a big rally, people started to FOMO. And the demand has increased at a really high rate after a long time. This reflected on the price and Bitcoin started to break resistance levels one by one. This situation helped Bitcoin reach $50k like it is nothing.
legendary
Activity: 3052
Merit: 1188
August 28, 2021, 11:51:22 AM
#75
We could only tell that there is someone buying behind the curtains when the price is tending to rise up but if its really moving sideways or in accumulation zone then its really hard to tell when its done on gradual phasing.

Does it really matter to know on whose buying recently? Talking with precise things then all of people who do engage in crypto will really be the ones do affect the price from small fry traders to whales and from small business to corporations or big companies.

Thing here is that you do know on when to get in for you to benefit out if the price goes up high.
I always assume that everyone is buying, like literally everyone. Why wouldn't I think that? Why wouldn't I imagine that bitcoin is being bought by everyone around me, I mean not really everyone everyone, of course non-crypto people will not buy, but I mean the crypto people, people who sell to drop the price and people who buy to increase the price. It is just normal for all of us to think that we will end up with a lot of profit so everyone who has even a bit of interest in crypto ends up buying causing the price to go up.

It is just some whale who made his business to increase bitcoin price, some secret agenda to make it go up or down or whatever, that is not what I think is going on, it could be but I just do not believe it, not right now at least. It is just that crypto community has seen bitcoin going up a little and decided that it is enough that we are down so much for so long, we should all start buying some more and we all did, and the price is high now.
hero member
Activity: 2996
Merit: 609
August 27, 2021, 06:53:28 PM
#74
I think there are a number of large companies that are flocking to buy Bitcoin and altcoins in large quantities so that the movement of the crypto market continues to increase significantly. However, you must remember, every time the price goes up, it doesn't mean that the strengthening will continue. There are periods where the price will fall or crash. This is what everyone who currently holds Bitcoin and altcoins should be wary of.
They're the biggest buyers right now but I think that there's not a lot of companies that are buying as of this time so I think that it's not the companies that's currently buying, probably whales are the one that's buying or there's just more people buying right now, crypto is getting more famous.
whales and regular individuals can also be a big buyer aside from a company but you can be right that there will be no buyers right now because prices of cryptos are soaring .
 this time can be the time for the sellers to sell some of their hodlings .
crypto is getting famous because of its growing value but being famous can also lead to more growth  . this is  a win win situation
We could only tell that there is someone buying behind the curtains when the price is tending to rise up but if its really moving sideways or in accumulation zone then its really hard to tell when its done on gradual phasing.

Does it really matter to know on whose buying recently? Talking with precise things then all of people who do engage in crypto will really be the ones do affect the price from small fry traders to whales and from small business to corporations or big companies.

Thing here is that you do know on when to get in for you to benefit out if the price goes up high.
full member
Activity: 1638
Merit: 122
August 27, 2021, 06:25:11 PM
#73
I think there are a number of large companies that are flocking to buy Bitcoin and altcoins in large quantities so that the movement of the crypto market continues to increase significantly. However, you must remember, every time the price goes up, it doesn't mean that the strengthening will continue. There are periods where the price will fall or crash. This is what everyone who currently holds Bitcoin and altcoins should be wary of.
They're the biggest buyers right now but I think that there's not a lot of companies that are buying as of this time so I think that it's not the companies that's currently buying, probably whales are the one that's buying or there's just more people buying right now, crypto is getting more famous.
whales and regular individuals can also be a big buyer aside from a company but you can be right that there will be no buyers right now because prices of cryptos are soaring .
 this time can be the time for the sellers to sell some of their hodlings .
crypto is getting famous because of its growing value but being famous can also lead to more growth  . this is  a win win situation
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
August 25, 2021, 01:03:46 PM
#72
That is why I never consider what is going on right now and what will happen in the near future, I just buy when I get the money. Unfortunately these days I do not have much money and that is why I haven't been able to buy too much, but that doesn't change the fact that I am not going to end up buying more in the future. "what if it goes down after I buy?" then I will end up buying more when I get the money, and if it goes up then I will just be happy and still probably get some more anyway.

I just believe that bitcoin will be going up in the future, even if there is a fall in the middle of the road, there will be a moment when it is higher and I will be very happy when that happens and there is no doubt in my mind that it will be higher than what I purchased, even if I buy at 64k, it dropped a lot and that is sad but it will recover eventually, so I am always happy.
It is okay to be a long term in the crypto world, because it is a store of value asset and that means in the long run you will be in profit, there are tons of people who are like that. I have a friend who is long term in probably 50 different coins, from good things like btc, eth ,bnb, ada to all the way down to coins that are outside of top 2000 in the ranking. Which is why I believe that you should do what you are good at.

However, that doesn't mean that we do not have any traders out there neither, there are traders who make a good amount of money too and I believe that if you want to buy during these prices then you could, there is nothing wrong with that at all, traders do make money as well, and they may lose money too, it is another method and that's it.
hero member
Activity: 2562
Merit: 586
August 25, 2021, 02:23:06 AM
#71
The current level of public trust in bitcoin is quite high, compared to other altcoins, currently a very safe investment is only bitcoin, if you look at the developments that occur and the influence of investors on it. Well, this is why bitcoin is the best choice for everyone.
I agree still I would say the top 3 coins in the market cap are worthy of investment (at least for diversification purposes) while others may or may not be worth it. Tether is a stable coin sitting at 5th in the market cap when I last checked and it does not make sense to invest in stable coins, that too centralized. Hence I said the top 4 coins are good right now. I also like Solana and Polkadot along with them.

I think there are a number of large companies that are flocking to buy Bitcoin and altcoins in large quantities so that the movement of the crypto market continues to increase significantly.
The correction will happen at some point, I agree. But the overall movement during and after a bull run is upwards so even if one buys bitcoin now, they should come out in profit by the end of this year.
sr. member
Activity: 1372
Merit: 275
August 24, 2021, 11:40:01 AM
#70
I think there are a number of large companies that are flocking to buy Bitcoin and altcoins in large quantities so that the movement of the crypto market continues to increase significantly. However, you must remember, every time the price goes up, it doesn't mean that the strengthening will continue. There are periods where the price will fall or crash. This is what everyone who currently holds Bitcoin and altcoins should be wary of.
In the last few days the usdt dominance seems to be starting to weaken a bit and it means that many big investors are starting to buy bitcoin and other crypto with usdt pairs in the market, I think this will strengthen the price of bitcoin and crypto, because the demand to buy bitcoin is indeed increasing, I think in the next few days we will be able to see the market turn green again.
full member
Activity: 656
Merit: 104
PredX - AI-Powered Prediction Market
August 24, 2021, 07:43:31 AM
#69
I think there are a number of large companies that are flocking to buy Bitcoin and altcoins in large quantities so that the movement of the crypto market continues to increase significantly. However, you must remember, every time the price goes up, it doesn't mean that the strengthening will continue. There are periods where the price will fall or crash. This is what everyone who currently holds Bitcoin and altcoins should be wary of.
legendary
Activity: 3052
Merit: 1188
August 23, 2021, 03:38:26 PM
#68
what about if the price never goes down back again to lower level, meaning people will never invest .. though price will surely dump after pump but the opportunity at certain time is limited , either you will profit this season or will wait for another months or year.
if you are willing to buy and hold then there is no issue about if the coin you bought is higher now or lowering the matter of trust and belief is one high percent why you are buying a coin.
That " WHAT IF" makes some people keep doubted on what they do.
*What it dump, what if it pumps". If we are willing to invest and take risks, buying this time is still an opportunity but we can't deny that buying at a lower price is the best choice for everyone. However, it was unfortunate that we never know when it comes nor we are sure that no more dumps to come.

Because honestly, we can't be all in the market rally always, dumps is still to come next to it that is why I couldn't push people to make a buy option. If they can manage to wait until the bear season will come, that was their choice as well.
That is why I never consider what is going on right now and what will happen in the near future, I just buy when I get the money. Unfortunately these days I do not have much money and that is why I haven't been able to buy too much, but that doesn't change the fact that I am not going to end up buying more in the future. "what if it goes down after I buy?" then I will end up buying more when I get the money, and if it goes up then I will just be happy and still probably get some more anyway.

I just believe that bitcoin will be going up in the future, even if there is a fall in the middle of the road, there will be a moment when it is higher and I will be very happy when that happens and there is no doubt in my mind that it will be higher than what I purchased, even if I buy at 64k, it dropped a lot and that is sad but it will recover eventually, so I am always happy.
sr. member
Activity: 1914
Merit: 328
August 23, 2021, 12:09:23 PM
#67
Very tough call to each and everyone, the market is very volatile and with a small mistake it can ruined your investment. Those buyers who can take the volatility they are the one who really enjoying the market.
Indeed and to make matters worse, people who are doing futures trading must have veins of steel because I tried it for a month or so and felt horrible. I almost had a heart attack lol with the kind of risk involved in it.

Knowing that the chance of getting decent profits is always depends from the knowledge that they've got from this business.
And if you don't, best option is to hold your coins and avoid being a victim of panic or FOMO. As long-term investors, one should not check the price of assets daily. If even you do for knowledge, don't ever make an opinion about it.
hero member
Activity: 3010
Merit: 666
August 23, 2021, 08:34:29 AM
#66
The crypto market bitcoin is the first currency and the value of other currencies for this currency is increasing ethereum and many projects are being added to crypto after bitcoin a review of the market shows that the prices of currencies are rising and falling. But the price of bitcoin is much higher so there will be a risk to buy this time if the price goes down the market is in a very difficult phase.
But what about if the price never goes down back again to lower level, meaning people will never invest .. though price will surely dump after pump but the opportunity at certain time is limited , either you will profit this season or will wait for another months or year.
if you are willing to buy and hold then there is no issue about if the coin you bought is higher now or lowering the matter of trust and belief is one high percent why you are buying a coin.
That " WHAT IF" makes some people keep doubted on what they do.
*What it dump, what if it pumps". If we are willing to invest and take risks, buying this time is still an opportunity but we can't deny that buying at a lower price is the best choice for everyone. However, it was unfortunate that we never know when it comes nor we are sure that no more dumps to come.

Because honestly, we can't be all in the market rally always, dumps is still to come next to it that is why I couldn't push people to make a buy option. If they can manage to wait until the bear season will come, that was their choice as well.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
August 23, 2021, 04:36:02 AM
#65
The crypto market bitcoin is the first currency and the value of other currencies for this currency is increasing ethereum and many projects are being added to crypto after bitcoin a review of the market shows that the prices of currencies are rising and falling. But the price of bitcoin is much higher so there will be a risk to buy this time if the price goes down the market is in a very difficult phase.
But what about if the price never goes down back again to lower level, meaning people will never invest .. though price will surely dump after pump but the opportunity at certain time is limited , either you will profit this season or will wait for another months or year.
if you are willing to buy and hold then there is no issue about if the coin you bought is higher now or lowering the matter of trust and belief is one high percent why you are buying a coin.
hero member
Activity: 1134
Merit: 517
August 23, 2021, 03:10:58 AM
#64
The crypto market bitcoin is the first currency and the value of other currencies for this currency is increasing ethereum and many projects are being added to crypto after bitcoin a review of the market shows that the prices of currencies are rising and falling. But the price of bitcoin is much higher so there will be a risk to buy this time if the price goes down the market is in a very difficult phase.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
August 23, 2021, 01:01:38 AM
#63
It's quite impossible to judge who's buying when a bull run is happening and similarly hard to guess who is selling so recklessly that the market is dropping. So, discussing who's buying or selling is quite useless tbh.

For me the forks of Bitcoin are not a joke comparing thousands of other shit products and POS coins trying to change the future of the market. You will see in due time who are the jokes, a coin with limited nodes in the name of eco friendly POS coins or these fork coins that would survive any government intervention. Different school of ideas and welcome every ideas to thrive on their own is the best option, yes i had my anger in the beginning but not anymore. 
I feel that only BCH is a worthy fork and maybe I think so because it was the first fork. Anything that happens for the first time retains value while others who copy suffer. Bitcoin was the first crypto hence the biggest market cap among coins. Ethereum was the first coin with smart contracts and leads the market in that department and similarly, BCH was the first fork and hence the best among those.
sr. member
Activity: 924
Merit: 255
August 22, 2021, 11:10:13 PM
#62
The market that currently looks increasingly exploding, it can call many big investors who have a lot of stocks and move them to Crypto, and not only that, of course the interest is increasing due the price is getting more attractive and wants to make a new entry.
In addition, the market developments are now increasingly promising profits, it does look expensive to us, but if we really have more money to invest... of course this is still a good opportunity.
Bitcoin will be more and more influenced by many things that make it more promising and more recognized by more people.
hero member
Activity: 2002
Merit: 535
August 22, 2021, 06:57:08 PM
#61
~
There is also the school of thought that bitcoin going up usually means good things for altcoins as well, which means that if you really work hard enough then you could make money based on bitcoin ups and downs even when you do not have any bitcoin but only hold altcoins, of course it should not be a horrible altcoin, it should be a proper one. There are so many that I dislike, USDT is not even an altcoin for me, XRP is a centralized horrible scam, BCH and BSV were always jokes to me, doge is a worthless and useless coin that got hyped.
For me the forks of Bitcoin are not a joke comparing thousands of other shit products and POS coins trying to change the future of the market. You will see in due time who are the jokes, a coin with limited nodes in the name of eco friendly POS coins or these fork coins that would survive any government intervention. Different school of ideas and welcome every ideas to thrive on their own is the best option, yes i had my anger in the beginning but not anymore. 

 
hero member
Activity: 2828
Merit: 518
August 22, 2021, 05:39:02 PM
#60

When it comes to buying decision then it would really be depending on someones preference and we know that not all would be having the same mindset. The market is always been open for you to buy in,although

there are really some factors which would really affect someones profitability and this is why hesitance and doubts cant really be avoided. Whose been buying recently? It would be always talking about

retail traders, institutional buyers and other which do really buy out if they do see some chance of profits.So the answer on this one is everything would be random.

Very tough call to each and everyone, the market is very volatile and with a small mistake it can ruined your investment. Those buyers who can take the volatility they are the one who really enjoying the market.

Knowing that the chance of getting decent profits is always depends from the knowledge that they've got from this business.

Buying while hoping that the market will bring more benefits, it takes time to entrust your money to this business, the more you focus the more better anticipation that you've got.
It could be risky and it was a choice to invest or not even though if the price is cheap. Some people are buying now either they understand that situation or they are believing that Bitcoin price will become higher in the latter part of this year. Or the worst-case scenario is that when you buy without market knowledge just because someone had introduced you to Bitcoin and then jump into it.
We all have the reason why we invest but for me, it must come not during the hypes as the risk is too high.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
August 22, 2021, 05:08:31 PM
#59

When it comes to buying decision then it would really be depending on someones preference and we know that not all would be having the same mindset. The market is always been open for you to buy in,although

there are really some factors which would really affect someones profitability and this is why hesitance and doubts cant really be avoided. Whose been buying recently? It would be always talking about

retail traders, institutional buyers and other which do really buy out if they do see some chance of profits.So the answer on this one is everything would be random.

Very tough call to each and everyone, the market is very volatile and with a small mistake it can ruined your investment. Those buyers who can take the volatility they are the one who really enjoying the market.

Knowing that the chance of getting decent profits is always depends from the knowledge that they've got from this business.

Buying while hoping that the market will bring more benefits, it takes time to entrust your money to this business, the more you focus the more better anticipation that you've got.
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