Who’s itching to buy? - page 4. | Bitcointalksearch.org

pawanjain

hero member

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Nothing lasts forever

Quote from: Anders_Bitcoin on May 10, 2022, 03:02:30 AM

Hi guys. I'm newbie here. Wanted to hear your opinions.

These red candles got me wanting to itch my itch. I know about DCA. I think little more of a drop and we reverse. Just trying to not get too eager. I'm trying to catch this bitcoin bounce by setting two additional limit orders to open a long position on wowswap exchange.

What do you think about the current bear run, will it turn around? What price for bitcoin do you track? Will we get on the big green planes?

I'm thinking of buying a few more alts from the top 100. With everything being down in the last month they seem to be safer plays.

Oh yeah, we all get that itch of buying more when the prices are at such discounts.
But I have never heard of the exchane wowswap. I hope you have done your research well before you take a long position on it.
I recommend storing your coins on a non-custodial wallet rather than an exchange if you are going long.
I personally think BTC will revolve around this range and we might see a bounce back once positive sentiment hits the market.

Anders_Bitcoin

newbie

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Quote from: jostorres on May 14, 2022, 02:20:20 PM

Quote from: Maestro75 on May 13, 2022, 07:32:07 AM

Nobody will tell you they know where the bottom is and at what point the market direction will change. For those itching to buy now, make sure you are doing that with money that is not in urgent need. You can be lucky that price will change upward direction and you can be unlucky too it goes down more. Alot of traders are buying and thinking price will start going up but it continues to go down. No, Luna's case was not caused by a bear market. It is a technical issue and Luna's shift to depeg to BTC pair.

That is the most important part of the current situation. You shouldn't really put in money that you can't live without, there are too many people who do it, and they are not doing so well at the moment. There has been about 4 suicides related to Luna in my nation and that is just from what I know in my nation from the news.

This is why I always say that you shouldn't put money in that you can't loss, if you are worried about it then do not put it in there. I have none in Luna but crypto fell as a whole and I have all of my investments in crypto and I didn't really feared about anything because I know that it will recover eventually anyway.

It's just another bearish cycle for asset accumulation. It's sad that this happened to LUNA, each of us could have been in the place of her investors

Anders_Bitcoin

newbie

Activity: 42

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Quote from: teosanru on May 14, 2022, 01:08:12 PM

Quote from: Anders_Bitcoin on May 10, 2022, 03:02:30 AM

Hi guys. I'm newbie here. Wanted to hear your opinions.

These red candles got me wanting to itch my itch. I know about DCA. I think little more of a drop and we reverse. Just trying to not get too eager. I'm trying to catch this bitcoin bounce by setting two additional limit orders to open a long position on wowswap exchange.

What do you think about the current bear run, will it turn around? What price for bitcoin do you track? Will we get on the big green planes?

I'm thinking of buying a few more alts from the top 100. With everything being down in the last month they seem to be safer plays.

See many people have been comparing this to history of how around halfway mark before the next halving market creates sort of bearish aura and remains bearish for sometime for accumulation until it bursts for the next bull run after next halving, what I think is that if some information has become such news and can be this easily calculated and speculated that thing might not happen. So in this ambiguity best solution is only DCA you buy at every low and keep it holding until it bursts next time, talking about red candles it's really a good time to buy here anyways because RSI would obviously correct itself for sometime in coming days and you can then use that time to sell off and make around 10-12% profits.

Do you think the market is capable of a rebound of only 10-12% before the next bearish decline?

Anders_Bitcoin

newbie

Activity: 42

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Quote from: barbara44 on May 13, 2022, 03:08:12 PM

Buying right now is a great idea since it bottomed out so much. However, you should be careful about buying all-in right now, it could still go down more, so you should be careful. Buy with 30% or so of your cash right now, and put some orders at 25k, and some orders at 28-29k as well, so if it goes up then you buy some more so you do not miss out, and if it goes down then you buy some more and you do not lose too much.

If you do it this way, then it means that you are ready for anything that could happen in the future, I personally believe that it would be a difficult thing to do but it is not an impossible thing to do neither, just need to be careful picking where and how much.

I think this is just the time to allocate some assets for the purchase of bitcoin and some alts. It is difficult to navigate the market now, because during this bullish cycle, many projects were created that convinced the crypto community of their potential. I adhere to the analysis based on personal experience and therefore buy coins of the projects I use such biswap, wowswap, pancakeswap

Quote from: Anguwa on May 13, 2022, 03:48:29 PM

Quote from: Anders_Bitcoin on May 10, 2022, 03:02:30 AM

I'm thinking of buying a few more alts from the top 100. With everything being down in the last month they seem to be safer plays.

This is the actual time to buy altcoin because all prices are down now, so buying at this point can yield more profit, this because of the trust people have in bitcoin, as you can see all Altcoins price depends on BTC price, so this is the right time to get your portfolio filled with Altcoins that have a high potential to rise again and are not a dead project.

Not all alts will be with us in 2 years

Anders_Bitcoin

newbie

Activity: 42

Merit: 0

Quote from: dbc23 on May 13, 2022, 11:26:04 AM

Bitcoin might be safer to buy because who knows it might fall further but the resistance around bitcoin price might not permit a complete crash but for altcoin it's risky out there. Most projects in the alt coin cycle might not recover from this crypto dump to be on the safer side hold on to project with economic value

I have heard a very good remark that all valuable projects were created during the bear market cycle

carlfebz2

hero member

Activity: 2926

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Quote from: jostorres on May 14, 2022, 02:20:20 PM

Quote from: Maestro75 on May 13, 2022, 07:32:07 AM

Nobody will tell you they know where the bottom is and at what point the market direction will change. For those itching to buy now, make sure you are doing that with money that is not in urgent need. You can be lucky that price will change upward direction and you can be unlucky too it goes down more. Alot of traders are buying and thinking price will start going up but it continues to go down. No, Luna's case was not caused by a bear market. It is a technical issue and Luna's shift to depeg to BTC pair.

That is the most important part of the current situation. You shouldn't really put in money that you can't live without, there are too many people who do it, and they are not doing so well at the moment. There has been about 4 suicides related to Luna in my nation and that is just from what I know in my nation from the news.

This is why I always say that you shouldn't put money in that you can't loss, if you are worried about it then do not put it in there. I have none in Luna but crypto fell as a whole and I have all of my investments in crypto and I didn't really feared about anything because I know that it will recover eventually anyway.

It wasnt 4 but 8

8 Confirmed Suicide Due to the $Luna Crash. Why Luna Crashed? Truth & Reason Explained
Source: https://www.geeksultd.com/2022/05/8-confirmed-suicide-due-to-the-luna-crash-why-luna-crashed/

This is why its always been a bad idea when you do go all in.No matter how good looking it is, always be mindful about
your risk management thing on making yourself at least safe.

YOSHIE

legendary

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Quote from: Anders_Bitcoin on May 10, 2022, 03:02:30 AM

I'm thinking of buying a few more alts from the top 100. With everything being down in the last month they seem to be safer plays.

Talking about the top top cryptos, remembering me at the time BTC, Doge, BNB & ADA, a safe and good value Altcoin in investing and trading.

Of course, with the current situation, maybe some Altcoins in the next 1-2 years will have good value, but that's why no crypto knows which type of crypto has the highest value going forward, maybe buy some kind of crypto top 10, i think its a good choice maybe i have to agree with that kind of idea, considering that something can happen to crypto unexpectedly.

What is certain is that trading & investing has high risks, but if you are ready to face it all, it never hurts to do.

Dunamisx

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Quote from: bhooscream on May 12, 2022, 07:48:35 PM

Please be wise and also careful during this market condition. we still don't know if the market will continue dropping or not

I did not expect us to exercise doubt at any form due to the fall in cryptocurrency price as long as bitcoin is what you made your investment on, this is not downgrade of bitcoin but rather a volatility moves that gives the opportunity to make buy and sell to the market, at least bitcoin drop in price isn't that worse as going down below $20k or even below, if the market in bitcoin fall, it surely rises.

Quote from: bhooscream on May 12, 2022, 07:48:35 PM

don't buy panic and feels itching to buy. It is risky because the market may continue dropping.
Like what happened to Luna.

Bitcoin isn't altcoins that fails the test of time, their regidity and resistance to rise back whenever there's a dip in price is nothing to write on because then is when their real identity of shitcoins got bursted out just as in the example of the altcoin you mentioned, but bitcoin price does not drops on a continuous stretch.

jostorres

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Quote from: Maestro75 on May 13, 2022, 07:32:07 AM

Nobody will tell you they know where the bottom is and at what point the market direction will change. For those itching to buy now, make sure you are doing that with money that is not in urgent need. You can be lucky that price will change upward direction and you can be unlucky too it goes down more. Alot of traders are buying and thinking price will start going up but it continues to go down. No, Luna's case was not caused by a bear market. It is a technical issue and Luna's shift to depeg to BTC pair.

That is the most important part of the current situation. You shouldn't really put in money that you can't live without, there are too many people who do it, and they are not doing so well at the moment. There has been about 4 suicides related to Luna in my nation and that is just from what I know in my nation from the news.

This is why I always say that you shouldn't put money in that you can't loss, if you are worried about it then do not put it in there. I have none in Luna but crypto fell as a whole and I have all of my investments in crypto and I didn't really feared about anything because I know that it will recover eventually anyway.

teosanru

hero member

Activity: 2100

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Quote from: Anders_Bitcoin on May 10, 2022, 03:02:30 AM

Hi guys. I'm newbie here. Wanted to hear your opinions.

These red candles got me wanting to itch my itch. I know about DCA. I think little more of a drop and we reverse. Just trying to not get too eager. I'm trying to catch this bitcoin bounce by setting two additional limit orders to open a long position on wowswap exchange.

What do you think about the current bear run, will it turn around? What price for bitcoin do you track? Will we get on the big green planes?

I'm thinking of buying a few more alts from the top 100. With everything being down in the last month they seem to be safer plays.

See many people have been comparing this to history of how around halfway mark before the next halving market creates sort of bearish aura and remains bearish for sometime for accumulation until it bursts for the next bull run after next halving, what I think is that if some information has become such news and can be this easily calculated and speculated that thing might not happen. So in this ambiguity best solution is only DCA you buy at every low and keep it holding until it bursts next time, talking about red candles it's really a good time to buy here anyways because RSI would obviously correct itself for sometime in coming days and you can then use that time to sell off and make around 10-12% profits.

Cling18

full member

Activity: 1708

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Quote from: Anders_Bitcoin on May 10, 2022, 03:02:30 AM

Hi guys. I'm newbie here. Wanted to hear your opinions.

These red candles got me wanting to itch my itch. I know about DCA. I think little more of a drop and we reverse. Just trying to not get too eager. I'm trying to catch this bitcoin bounce by setting two additional limit orders to open a long position on wowswap exchange.

What do you think about the current bear run, will it turn around? What price for bitcoin do you track? Will we get on the big green planes?

I'm thinking of buying a few more alts from the top 100. With everything being down in the last month they seem to be safer plays.

It would be a good time to buy but you have to be skeptical. Every bearish market situation is an opportunity to buy but you have to research the coins that you're planning to pick. Know the potential of your coin of choice and be emotionally prepared for the possibilities. If I were you, I would suggest that you'll buy coins with a good foundation.

Webetcoins

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Quote from: Anders_Bitcoin on May 12, 2022, 03:01:26 AM

Quote from: CaVO32 on May 10, 2022, 05:23:37 PM

Quote from: el kaka22 on May 10, 2022, 04:24:35 PM

Oh, I do. I am itching so much right now. I am on the verge of leaving all of my information regarding the crypto world that I acquired for many years and just go all in with everything I ever have and buy bitcoin. I know it is silly, I have been here long enough to know that I should be staying at cash a bit, and also not put all of my possessions into just one thing.

I could literally see myself selling my car and getting a lot of bitcoins right now, I am at that stage right now, because it is literally free in my mind. I know that in the next 1-2 years it will break ATH and make me 2x money, and nothing would get expensive like that, not in 2 years or under. Which means that I could get rich if I buy now, but I am holding myself from doing it in case if things do not go as planned.

This is the kind of decision you need to go over and over again as you will be selling some of your possessions in exchange of a volatile asset. Sure, if you have other means of living or you can very well survive even going all in with btc. The price is really tempting right now, even at 31-32k is a very good price range to get in. Because if we will think of it, what if btc will increase in the next few months to like 40k, you're already in very good profits. But of course, most won't sell it at 40k, they will wait for more.

Is it worth buying now? because every day we see the whole market decrease by a few percent

It is worth buying to some but for you it looks like you are not ready yet. You can wait for more drops or wait for a couple more days until you finally decided to buy. That should give you contentment.

@el kaka22 that sounds stupid in my own opinion. You learned a lot in your many years of staying in crypto but you will leave it only for this one thing? But if you are truly a well experienced person on this field, you will likely know if this is going to be the last bear that we are going to witness for this month or year. Going all in is also a crazy idea. Are you inspired by the bitcoin family that also sold all (all in) only for bitcoin?

Anguwa

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Quote from: Anders_Bitcoin on May 10, 2022, 03:02:30 AM

I'm thinking of buying a few more alts from the top 100. With everything being down in the last month they seem to be safer plays.

This is the actual time to buy altcoin because all prices are down now, so buying at this point can yield more profit, this because of the trust people have in bitcoin, as you can see all Altcoins price depends on BTC price, so this is the right time to get your portfolio filled with Altcoins that have a high potential to rise again and are not a dead project.

sklopan

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I would advise you to think very carefully. Now the situation is quite difficult, so you need to be as careful as possible.

barbara44

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Buying right now is a great idea since it bottomed out so much. However, you should be careful about buying all-in right now, it could still go down more, so you should be careful. Buy with 30% or so of your cash right now, and put some orders at 25k, and some orders at 28-29k as well, so if it goes up then you buy some more so you do not miss out, and if it goes down then you buy some more and you do not lose too much.

If you do it this way, then it means that you are ready for anything that could happen in the future, I personally believe that it would be a difficult thing to do but it is not an impossible thing to do neither, just need to be careful picking where and how much.

Mahanton

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Quote from: dbc23 on May 13, 2022, 11:26:04 AM

Bitcoin might be safer to buy because who knows it might fall further but the resistance around bitcoin price might not permit a complete crash but for altcoin it's risky out there. Most projects in the alt coin cycle might not recover from this crypto dump to be on the safer side hold on to project with economic value

Not totally safe because even sticking with bitcoin it wont really give out any assurance but if speaking with potential then there's no doubt about on bitcoin.If you are really that going for long term
then buying back into these levels arent really something an issue for you to mind of but if you do go for shorterm then this is where you do really mind off on when you would be buying.
This is where experience and knowledge or skills do matter on each person and buying decisions will vary so its up to you and since its your money then you do have the full
rights but of course you are held accountable with your own actions.

dbc23

sr. member

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Bitcoin might be safer to buy because who knows it might fall further but the resistance around bitcoin price might not permit a complete crash but for altcoin it's risky out there. Most projects in the alt coin cycle might not recover from this crypto dump to be on the safer side hold on to project with economic value

Clever5Flower

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Quote from: Anders_Bitcoin on May 12, 2022, 09:33:56 AM

Quote from: Clever5Flower on May 11, 2022, 11:55:52 AM

Quote from: Anders_Bitcoin on May 10, 2022, 03:02:30 AM

Hi guys. I'm newbie here. Wanted to hear your opinions.

These red candles got me wanting to itch my itch. I know about DCA. I think little more of a drop and we reverse. Just trying to not get too eager. I'm trying to catch this bitcoin bounce by setting two additional limit orders to open a long position on wowswap exchange.

What do you think about the current bear run, will it turn around? What price for bitcoin do you track? Will we get on the big green planes?

I'm thinking of buying a few more alts from the top 100. With everything being down in the last month they seem to be safer plays.

Is it now worth continuing to trade on decentralized exchanges with little liquidity, such as wowswap?

It is worth because traders trade on centralized exchanges, but some of them begin to transfer their assets to the wallets to continue to work already on decentralized exchanges due to the panic in the market

I think dexes are more secure, for example, I could not do anything with my LUNA (if I had them) if they stored on a cexes, much more reliable purse and work on the dexes I think

Anders_Bitcoin

newbie

Activity: 42

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Quote from: AicecreaME on May 13, 2022, 08:45:42 AM

Buying after a huge crashed from the All time high price is a boss move, however, it could dip even more but of course we're not sure. Buying during this kind of season would test your patience, because it might take years again before the market starts to rise again. So we have to be careful on what we are going to do for our funds not to go in vain just in case the coin that we bought will be delisted, something like that, just like what happened to LUNA.

I think should include in our watctlist those projects that were built in a bear market, such as eth, maker and so on

Anders_Bitcoin

newbie

Activity: 42

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Quote from: bhooscream on May 12, 2022, 07:48:35 PM

Please be wise and also careful during this market condition. we still don't know if the market will continue dropping or not.
Although if we want to buy, don't buy panic and feels itching to buy. It is risky because the market may continue dropping.
Like what happened to Luna.
We can be wiser enough to see the movement of the market of certain coins at first. Then, we can see the chance of the coins to be able to rise up again or not. Alternatively, we can do DCA in buying the coins. But for me, i will prefer to only buy top coins like Bitcoin and Ethereum.

I use them for diversification and they are very good in this regard. Considering that alts dropped by more than 50%, bitcoin lost only 10% and ethereum 17%

Topic: Who’s itching to buy? - page 4. (Read 907 times)