Why speculate when you can be at peace with Bitcoin - page 4.

justdimin

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Quote from: bitterguy28 on October 19, 2022, 04:26:01 AM

Quote from: Odusko on October 10, 2022, 09:50:35 AM

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

this is an investment market and each of us have their own target and strategy , yes sometimes Speculating is annoying but this is how this market goes, this is also why popularity comes for more than years now as the speculation makes this market being loved by investors.

and those risk taker? actually almost all of us are risk taker and we tend to risk our funds for the opportunity to earn and this is how it works and admit it, this is how we love crypto.

Risk taking is something you do with every single satoshi that you buy, there isn't a situation where you are involved with investment and there is no risk, every single one does. Even the most basic "put your money into interest in a bank" type of things which is historically quite safe, saw some troubles back in 2008 where a few nations blocked people cashing those out, and even the ones that didn't had such high inflations this year that the money there lost all its power so it's futile to put there.

So, risk taking is something you are doing at all times, and bitcoin is as risky as other things, but has a good track record to make you feel better.

TimeTeller

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Quote from: savetheFORUM on October 19, 2022, 12:14:44 PM

Quote from: Ararbermas on October 13, 2022, 12:50:02 AM

Well not all the time you will be in a safe place even you rely only in bitcoin, because market is not stable and so volatile sometimes . So if you just buy bitcoin in any price without any speculation for sure it's the same story and at the end you will experience losses as well. We need to be smart enough! If you don't apply such way to determine the real price to buy then i suggest better to stop to prevent risky situation.

I think the OP knows this already but he pushes his insights because he is also aware that btc can recover no matter how low it goes. He didn't say that people can buy at any price. That's not the right way of investing but it's always ideal to start investing when the price are at their atl's or bottom so that you can greatly lessen the risk.

It will be hard for the price to drop more after that but it will mostly do a recovery and along with it is that we are going to earn a profit. There is no need to speculate if how much price btc can achieve because we cant still predict it accurately but we can just say that it will move upwards or downwards. That's a lot easier.

Not that we can predict it accurately, but the upward and downward will always be there.
The price level changes from time to time but the hope of further increasing its value is very possible to happen.
This is why, some people feel at peace with btc because if you are eyeing long-term, you don't need to worry about the small movements.
You have the goal of patiently waiting up until you hit your target price level where you can get your profits.

Lanatsa

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Quote from: bitterguy28 on October 19, 2022, 04:26:01 AM

Quote from: Odusko on October 10, 2022, 09:50:35 AM

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

this is an investment market and each of us have their own target and strategy , yes sometimes Speculating is annoying but this is how this market goes, this is also why popularity comes for more than years now as the speculation makes this market being loved by investors.

and those risk taker? actually almost all of us are risk taker and we tend to risk our funds for the opportunity to earn and this is how it works and admit it, this is how we love crypto.

You could really give out some recommendations or suggestions but its not really something that anyone would be following out.Its true that we do have our own plans and targets when it comes to our crypto investment which it would really be varying or depending.
If you do like yourself to play on the safer side, then you would really be that going for bitcoin but since there are people who are longing for some good potential returns or profits
then this is where they do consider altcoin option.
You do need to speculate even you do hold up bitcoin because even it do sits on the top ranking, doesnt mean that it wouldnt really have any risk or give out assurance.

savetheFORUM

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Quote from: Ararbermas on October 13, 2022, 12:50:02 AM

Well not all the time you will be in a safe place even you rely only in bitcoin, because market is not stable and so volatile sometimes . So if you just buy bitcoin in any price without any speculation for sure it's the same story and at the end you will experience losses as well. We need to be smart enough! If you don't apply such way to determine the real price to buy then i suggest better to stop to prevent risky situation.

I think the OP knows this already but he pushes his insights because he is also aware that btc can recover no matter how low it goes. He didn't say that people can buy at any price. That's not the right way of investing but it's always ideal to start investing when the price are at their atl's or bottom so that you can greatly lessen the risk.

It will be hard for the price to drop more after that but it will mostly do a recovery and along with it is that we are going to earn a profit. There is no need to speculate if how much price btc can achieve because we cant still predict it accurately but we can just say that it will move upwards or downwards. That's a lot easier.

bitterguy28

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Quote from: Odusko on October 10, 2022, 09:50:35 AM

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

this is an investment market and each of us have their own target and strategy , yes sometimes Speculating is annoying but this is how this market goes, this is also why popularity comes for more than years now as the speculation makes this market being loved by investors.

and those risk taker? actually almost all of us are risk taker and we tend to risk our funds for the opportunity to earn and this is how it works and admit it, this is how we love crypto.

GeorgeJohn

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I want you to understand that cryptocurrency market sphere is all about speculation because with speculation of cryptocurrency the market will not experience lost and gain, sometimes the negative speculation of Bitcoin and altcoins are the things that brings or introduce panic in the market and people began to sell out their reserved coins, so i believe that speculation of cryptocurrency negatively are one of the things lure many investors into lost and also profit.

Piesel

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There is no way the Bitcoin market or altcoin market will be without speculation and not only do traders need speculation on the market but even investors are always looking for speculation to help them make better decisions.

So speculation is an integral part of the cryptocurrency market and if Bitcoin must remain a volatile asset then speculation can not be separated from Bitcoin market as their both co-exist.

milewilda

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Quote from: bitgolden on October 18, 2022, 12:15:51 PM

Quote from: Asiska02 on October 17, 2022, 09:48:45 AM

Quote from: Odusko on October 10, 2022, 09:50:35 AM

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

Market speculation can occasionally be advantageous for long-term holders. Here, I'm referring to the investors. They have insight into how to develop their investing strategy attributable to market speculation. While speculating is useful for traders trying to invest their money, it is not really necessary for someone just looking for a way to save and transact money.

Investors have a bigger chance because they have more time to recover, traders need to be careful because they trade, which includes both buying and selling together, and you need to do them quickly enough to be considered trader, if you buy and sell 6 months later, that’s not trading, that’s short term investing and there is a difference, but if you do it 2 hours later that’s trading.

Investors do not have this trouble, they could buy and be wrong and then wait for it to recover 9 months later and be right eventually, that’s a lot easier. People need to speculate less, and hold more in order to have a better chance to make a profit, which would benefit them more.

People are usually having this kind of wrong perceptions or beliefs in between investing and trading which you had clearly said about the basic concepts on how its been done.
When you are really on that investing mode then you wouldnt really be minding on what price you would really be getting in.If you do make out shorter day trades then for sure you would really be mindful
on every price tick on the chart.There's really indeed difference on how things should be done.Its true that you would really be at peace when you do go for long term
holding on Bitcoin but to know that not all would really be that patient when it comes to waiting game.

bitgolden

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Quote from: Asiska02 on October 17, 2022, 09:48:45 AM

Quote from: Odusko on October 10, 2022, 09:50:35 AM

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

Market speculation can occasionally be advantageous for long-term holders. Here, I'm referring to the investors. They have insight into how to develop their investing strategy attributable to market speculation. While speculating is useful for traders trying to invest their money, it is not really necessary for someone just looking for a way to save and transact money.

Investors have a bigger chance because they have more time to recover, traders need to be careful because they trade, which includes both buying and selling together, and you need to do them quickly enough to be considered trader, if you buy and sell 6 months later, that’s not trading, that’s short term investing and there is a difference, but if you do it 2 hours later that’s trading.

Investors do not have this trouble, they could buy and be wrong and then wait for it to recover 9 months later and be right eventually, that’s a lot easier. People need to speculate less, and hold more in order to have a better chance to make a profit, which would benefit them more.

Silberman

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Quote from: Piesel on October 17, 2022, 11:39:34 AM

You see the current Bitcoin market situation is the reason why speculation is bad, and should be totally avoided. Once youhold Bitcoin just know that the price can not be speculated and any point and the market price of Bitcoin can not be predicted.

I have read some speculations in the last couple of weeks back that we are in for a long-time bear market and even chat have been formulated supporttheir claims, but in the early hours of this new week, Bitcoin have seem to have been on a recovery mode after the price crossed the 19,500 region which is a sharp rise in price that indicate bullish movement!

While it is always nice to see bitcoin going up in value I do not think we can even remotely conclude from this small growth that somehow we are witnessing some kind of bullish sentiment sweeping the market away, this is just a small correction and I do not think it is even worth thinking too much about it, as even if we surpassed the 20k level I think it would not be long until the price went below that level again.

Piesel

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You see the current Bitcoin market situation is the reason why speculation is bad, and should be totally avoided. Once youhold Bitcoin just know that the price can not be speculated and any point and the market price of Bitcoin can not be predicted.

I have read some speculations in the last couple of weeks back that we are in for a long-time bear market and even chat have been formulated supporttheir claims, but in the early hours of this new week, Bitcoin have seem to have been on a recovery mode after the price crossed the 19,500 region which is a sharp rise in price that indicate bullish movement!

Asiska02

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Quote from: Odusko on October 10, 2022, 09:50:35 AM

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

Market speculation can occasionally be advantageous for long-term holders. Here, I'm referring to the investors. They have insight into how to develop their investing strategy attributable to market speculation. While speculating is useful for traders trying to invest their money, it is not really necessary for someone just looking for a way to save and transact money.

Quote from: Yatsan on October 16, 2022, 09:27:32 AM

That's just okay as long as it's your vison as an investor but we cannot put a margin to those who are using a different method; short term investment. We do all have different perspectives but for sure we are all having one goal; to gain profit from doing so.

Short-term investors are more likely to make profit rapidly and can also be at risk if they don't have enough understanding about the investments they're making. They might find it useful as well, but they lack the necessary skepticism and are susceptible to financial loss.

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Quote from: Dave1 on October 13, 2022, 06:13:38 AM

Quote from: tabas on October 13, 2022, 03:29:54 AM

It is a decision that the early holders will never regret because it's been rewarding for them. And on the other hand, those that have bought at the top and held, are only hoping to recover because they're down at these times.
But as they hold on, they should look at the other opportunities that are in front of them instead of thinking to recover. Because no matter what they do, recovery time will come and it's going to be shown if they're patient enough to see it.

Yeah and that is the beauty of crypto though, because there is a good chance that you can recover from the 'paper loses' you suffer. You can also lose if you don't sell at a lost, almost remember that. So even if you see your wallet value going down, it's doesn't mean you really lost that money. But if you continue to just hold and take every opportunity to accumulate then at certain point you will make profits guaranteed.

Not selling at loss is something people need to learn for sure. I have talked with some people who have lost a good chunk of money and sold their coins recently, some of them sold it 3 months ago, some of them last week, but they got out because "market is bad right now and it will get worse".

The reality is that they should have bought more, and if it ever goes down even further they should buy even more. Because, price will recover one way or another and that’s the important part, there is absolutely no reason for it to be going down and staying there, it will go up again and if you are ready for it then you will profit a good chunk in the future.

aylabadia05

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Speculation is an action that is identical to the daily activity of sellers. They will speculate when holding the asset and stop when they release it on the release date. This form of trading activity can be likened to gambling, which has a greater risk.

For those of us who choose to invest in Bitcoin in the long term, it may have a much lower risk, and many investors rarely speculate, just use analysis.
I am more comfortable with Bitcoin without having to speculate.
OP, that's why I think a lot of people speculate.

Yatsan

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Speculation is a part of the process interms of investment. The idea of assuming that its market value would increase in the future is already speculating. Maybe OP means not speculating that much or not putting that much of attention checking its market value.

That's just okay as long as it's your vison as an investor but we cannot put a margin to those who are using a different method; short term investment. We do all have different perspectives but for sure we are all having one goal; to gain profit from doing so.

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Quote from: Kelvinid on October 13, 2022, 06:29:20 PM

Quote from: Odusko on October 10, 2022, 09:50:35 AM

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

We do hate it but that is how crypto works. We speculate always because that is the only thing we can do knowing that we never know exactly what will happen in the future. But if you are very confident that holding them let's say 5 years, then there is no need for you to speculate and check the market but rather wait for that time to come and do whatever you want with your Bitcoin. That is the only way to live in peace in crypto otherwise, this will give you stress.

whether your goal is 5 years or 10 years when you start looking for entry, you have to speculate. i bet you like it or not but once we place a buy or sell order you immediately think of speculating. simply because everyone wants to buy cheap, want higher profits even though our goal is long term. as you say that's how the market works and that's also how we make a profit for the market. sometimes we hate it because we can't predict where the market will go, if we speculated right we wouldn't hate it

YOSHIE

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Quote from: Odusko on October 10, 2022, 09:50:35 AM

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin,

In the world of crypto trading, speculation is part of a method that is often used and talked about by many people, including investors, because of its nature based on assumptions, actions and profits, In carrying out the act of buying or selling Bitcoin, speculation is needed, you don't know about the movement of the crypto market today and in the future, based on speculation people can act and have opinions, Bitcoin is worth trading, worth investing as well as other types of crypto that are good to buy in the future.

speculation is a thing or method that we cannot discard or hate, speculation has indeed had a place in the market from ancient times, in general speculation is done in buying and selling before the fact.

justdimin

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Quote from: ?? on ??

Quote from: Odusko on October 10, 2022, 09:50:35 AM

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

People have a different strategy and plan for their investment. I know people who earned a lot of money by using the speculation of crypto. Actually, it is up to the person who wants to make strategies based on their goal and market conditions and try to execute them in a different circumstances. There are plenty of opportunity in the market so it is wise to stick with your own methods and wait for it to work.

Speculation of crypto is something that could be very profitable if you know what you are doing. I know it’s not as lucrative as it sounds to many people because it’s a very hard thing to do, but at the same time there is a good amount of people who do this very well and they end up making a lot of money from it.

I personally cannot, because I am not good at it even though I spent years on it, but I know friends who turned 0.5 bitcoin (which wasn't a lot back in the day) to 100+ btc, which means that it is possible. Knowing that it is possible is not equal to you being able to do it, I know it’s possible and cannot do it myself, so there is a big difference.

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Quote from: Silberman on October 14, 2022, 11:01:11 PM

Quote from: ?? on ??

Quote from: Odusko on October 10, 2022, 09:50:35 AM

snip...

That’s actually we should really do in this bear market .
But what I have seen in this bear market is that, people are not showing any patience.
They just fight over the price of the Bitcoins.
As a result, they just don’t find the best price and panic sell.
Later again when BTC climbs up, they again starts crying using the BTC name.
In case of BTC just buy and hold for long term. That’s it.

It is not that surprising that this is what we are witnessing, for the people that have gone through a bear market before then what it is happening is nothing new and we know that we still need to wait for a long time before we obtain any profits from the bitcoin that we buy now, but for the people that are going through this experience for the first time they are getting desperate and it will not be odd to see them quitting this market for good and missing the next bull market.

That is the case we need to think about. Investing in Bitcoin during this time is the safest way ever to be made, not investing in altcoins that usually turned into shitcoins. But, we never expect all of us will tend to change and correct our mistakes but rather have to keep our mindset away from reality. Despite the spread of the "Buy Low and Sell High" strategy, many people haven't learned yet but instead, they are even more negative and waited for the bottom when seeing this declining situation.

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Quote from: Odusko on October 10, 2022, 09:50:35 AM

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

That’s actually we should really do in this bear market .
But what I have seen in this bear market is that, people are not showing any patience.
They just fight over the price of the Bitcoins.
As a result, they just don’t find the best price and panic sell.
Later again when BTC climbs up, they again starts crying using the BTC name.
In case of BTC just buy and hold for long term. That’s it.

It is not that surprising that this is what we are witnessing, for the people that have gone through a bear market before then what it is happening is nothing new and we know that we still need to wait for a long time before we obtain any profits from the bitcoin that we buy now, but for the people that are going through this experience for the first time they are getting desperate and it will not be odd to see them quitting this market for good and missing the next bull market.

Topic: Why speculate when you can be at peace with Bitcoin - page 4. (Read 1145 times)