Don't buy bitcoin only because of FOMO

[robelneo]

Always Start accumulation very early, don't wait until when bull market is close before investing.

The best time to buy is when the market is on the bear trend but always remember that even if the market is dipping never invest or buy using money coming from loans because of the market volatility you never know when will you profit from your investment.

Only invest what you can afford to lose, DCA is one of the best strategies to implement when accumulating Bitcoin.

[Dr.Bitcoin_Strange]

Always Start accumulation very early, don't wait until when bull market is close before investing.

The best time to buy is when the market is on the bear trend but always remember that even if the market is dipping never invest or buy using money coming from loans because of the market volatility you never know when will you profit from your investment.

Only invest what you can afford to lose, DCA is one of the best strategies to implement when accumulating Bitcoin.

In my own opinion, there's nothing like "best time to buy" when talking about Bitcoin investment, everytime is a best time to buy, whether in a DIP, Bear market or even in the middle of a bull run, because you can never predict Bitcoin's next move.

There's every tendancy of bitcoin hitting a crazy dip after a long time of sustaining in a bear market, so you could buy in a bear market with and predict the next move to be a green but still hit a crazy ass red.

Just buy when you can and HODL. no matter how long it takes it's 100% certain that the market you break through it's current ATH and reach a new one so the secret is just to BUY whenever you can and HODL. You're right that the DCA strategy could also appear to be quite helpful when trying to accumulate bitcoin. By spreading out your investment and buying at specific interval, you're at advantage because you get the chance to buy more when the price is low and less when the price is high.

[Jamal Aezaz]

The best time to buy is when the market is on the bear trend but always remember that even if the market is dipping never invest or buy using money coming from loans because of the market volatility you never know when will you profit from your investment.

Only invest what you can afford to lose, DCA is one of the best strategies to implement when accumulating Bitcoin.

I think that we still have a chance to buy bitcoin and some top altcoins because the market is not as high as that was predicted and if predictions show accuracy then after Bitcoin reaching to 100k$ altcoins will also reach to maximum level and it will be profitable for every investor.

Investment is not profitable if you use borrowed money for it but instead it will maximize your efforts as well as your stress because if you use your own money then you will not be worried about loss but if you lose borrowed amount then there will be no option to recover that money so you will take loan again and again that will become worse part of your life.

Use your own money whether it's too little and if you use the DCA method then your burden will be neglected so buy when you have money even little by little no matter how long you buy but use your own money.

[dekafee79]

Always Start accumulation very early, don't wait until when bull market is close before investing.

The best time to buy is when the market is on the bear trend but always remember that even if the market is dipping never invest or buy using money coming from loans because of the market volatility you never know when will you profit from your investment.

Only invest what you can afford to lose, DCA is one of the best strategies to implement when accumulating Bitcoin.

I agree with you, never invest with borrowed money, it will make us panic when the market dumps, and the price becomes below our purchase price. intend to invest using free money. I also bought when it was bearish and held until it was bullish, that's what I've been doing for a long time

[Mr. Magkaisa]

Always Start accumulation very early, don't wait until when bull market is close before investing.

The best time to buy is when the market is on the bear trend but always remember that even if the market is dipping never invest or buy using money coming from loans because of the market volatility you never know when will you profit from your investment.

Only invest what you can afford to lose, DCA is one of the best strategies to implement when accumulating Bitcoin.

      -   It seems like we have the market in a correction period right now, although it hasn't reached the full correction yet, right? What do you think, mate? Is that right? The other altcoins that are in the top listing are still low so far in terms of their price values in the market.

So it is still timely to buy them, like Sol, Aptos, ARb, Matic, and others that are in the top listing of the market. People who are open to this field of industry are envious that there is a lot of money to buy.

[DAMKAR]

Always Start accumulation very early, don't wait until when bull market is close before investing.

The best time to buy is when the market is on the bear trend but always remember that even if the market is dipping never invest or buy using money coming from loans because of the market volatility you never know when will you profit from your investment.

Only invest what you can afford to lose, DCA is one of the best strategies to implement when accumulating Bitcoin.

      -   It seems like we have the market in a correction period right now, although it hasn't reached the full correction yet, right? What do you think, mate? Is that right? The other altcoins that are in the top listing are still low so far in terms of their price values in the market.

So it is still timely to buy them, like Sol, Aptos, ARb, Matic, and others that are in the top listing of the market. People who are open to this field of industry are envious that there is a lot of money to buy.

Yes, yesterday the crypto market experienced a correction during the halving, and today the price of bitcoin started to rise.  And I saw the market starting to turn green, altcoins starting to rise in price.  A correction is the right time to buy bitcoin if you still have funds, because we can sell it when it is bullish and make a profit.

FOMO is a problem for our mentality. If we can't manage our emotions when we have FOMO, we will lose.

[LUCKMCFLY]

These days I have been thinking about that very problem that could be between a war between those countries, and if that happens it is not good for the market , obviously it will cause panic and many will sell to take refuge in the origin, it is the safest thing that the investors, but things for these investors are very changeable, and this morning seeing the news I realized that many countries have advocated for this war not to occur, even the country of Russia itself urged them to resolve the problem and Let them not pass it on to adults, I have seen that these Countries are very radical, for example Iran said that if they finish it they should live with the consequences because it was going to attack with everything, and last night Israel attacked, which I think As more than proving the problem, I hope this doesn't happen for anything in the world.

Nobody likes war, they want to live in peace. And it's best to stop the war and find the best solution for both of them. Because war will have a negative impact on humans and the country's economic system and also have an impact on the global economy. Hopefully crypto will not be affected by this war

Well, I hope that war doesn't happen. Although many have advocated for it not to happen more, what happens is that Iran is a country that threatened not to attack it otherwise things would be worse, I could say that this could become fundamental and the market will be affected, In fact, when the rumors of war began to be seen, the price dropped and that is not a good thing. I hope that there is no war for anything in the world, not so much for the crypto thing, but that blood should not be shed in the world. innocent, that is what we must see so that things can be generated in the best way.

Sometimes when we are thinking about what we should do, it is about being patient and if something like that happens, then you have to be patient, being in hodl mode is what I could recommend, so as not to panic.

[de_prof]

These days I have been thinking about that very problem that could be between a war between those countries, and if that happens it is not good for the market , obviously it will cause panic and many will sell to take refuge in the origin, it is the safest thing that the investors, but things for these investors are very changeable, and this morning seeing the news I realized that many countries have advocated for this war not to occur, even the country of Russia itself urged them to resolve the problem and Let them not pass it on to adults, I have seen that these Countries are very radical, for example Iran said that if they finish it they should live with the consequences because it was going to attack with everything, and last night Israel attacked, which I think As more than proving the problem, I hope this doesn't happen for anything in the world.

Nobody likes war, they want to live in peace. And it's best to stop the war and find the best solution for both of them. Because war will have a negative impact on humans and the country's economic system and also have an impact on the global economy. Hopefully crypto will not be affected by this war

Well, I hope that war doesn't happen. Although many have advocated for it not to happen more, what happens is that Iran is a country that threatened not to attack it otherwise things would be worse, I could say that this could become fundamental and the market will be affected, In fact, when the rumors of war began to be seen, the price dropped and that is not a good thing. I hope that there is no war for anything in the world, not so much for the crypto thing, but that blood should not be shed in the world. innocent, that is what we must see so that things can be generated in the best way.

Sometimes when we are thinking about what we should do, it is about being patient and if something like that happens, then you have to be patient, being in hodl mode is what I could recommend, so as not to panic.

If the war escalates it will affect the global economy, and crypto prices will be affected. There is no good influence in war because it only causes losses. As we saw when war was declared between Israel and Iran, the price of Bitcoin fell. although currently the price of bitcoin is recovering.

[LUCKMCFLY]

If the war escalates it will affect the global economy, and crypto prices will be affected. There is no good influence in war because it only causes losses. As we saw when war was declared between Israel and Iran, the price of Bitcoin fell. although currently the price of bitcoin is recovering.

I just hope that this war does not happen, in fact things are calm, because I have seen that there is no longer much incidence, of course the threats are a fact , the problem with this is that sometimes wars occur due to misunderstandings that do not have very Important , but I think that now the countries of the world want to show their potential to be Able to see that they are in Something more and that they are not weak, like after the Second World War to the European countries and in many , because they do not want to have Economic Hegemony world, perhaps it is something that influences the Economy, power, Everything, that is why when we see that these types of Confrontations are being generated, because if many countries come together, it is worse, a War will never be good, to the point that the markets become a total crash , even the BTC can be Greatly Affected and mitigate the effects that for now they have, which are a bullish rally.

[Uruhara]

If the war escalates it will affect the global economy, and crypto prices will be affected. There is no good influence in war because it only causes losses. As we saw when war was declared between Israel and Iran, the price of Bitcoin fell. although currently the price of bitcoin is recovering.

I just hope that this war does not happen, in fact things are calm, because I have seen that there is no longer much incidence, of course the threats are a fact , the problem with this is that sometimes wars occur due to misunderstandings that do not have very Important , but I think that now the countries of the world want to show their potential to be Able to see that they are in Something more and that they are not weak, like after the Second World War to the European countries and in many , because they do not want to have Economic Hegemony world, perhaps it is something that influences the Economy, power, Everything, that is why when we see that these types of Confrontations are being generated, because if many countries come together, it is worse, a War will never be good, to the point that the markets become a total crash , even the BTC can be Greatly Affected and mitigate the effects that for now they have, which are a bullish rally.

The impact of war will always be bad in all sectors. So we all always hope that war will never happen. But the current conditions are quite difficult to understand. And right now, like it or not, we have to continue trying to understand the existing situation. So that we know when the market will reverse direction because of fud news. So that we can always immediately save the value of our assets properly.

[JoyMarsha]

Always Start accumulation very early, don't wait until when bull market is close before investing.

That's right. It is very perfect for everyone to enter the crypto market when the price of bitcoin and other top altcoins is low price, but it is not everyone that will enter the market at the same time. There will be some investors who will get to know about bitcoin at its bull run, they will like to invest because of what the future holds for bitcoin in this bull run. You wouldn't advise someone who have such goal of making profits in bitcoin for long term not to invest because they miss to invest in bitcoin at low price. Your advice will be for them to go on to invest in bitcoin, so long as they are investing with the money they can afford to lose and they have a long term investment plan.

[LUCKMCFLY]

If the war escalates it will affect the global economy, and crypto prices will be affected. There is no good influence in war because it only causes losses. As we saw when war was declared between Israel and Iran, the price of Bitcoin fell. although currently the price of bitcoin is recovering.

I just hope that this war does not happen, in fact things are calm, because I have seen that there is no longer much incidence, of course the threats are a fact , the problem with this is that sometimes wars occur due to misunderstandings that do not have very Important , but I think that now the countries of the world want to show their potential to be Able to see that they are in Something more and that they are not weak, like after the Second World War to the European countries and in many , because they do not want to have Economic Hegemony world, perhaps it is something that influences the Economy, power, Everything, that is why when we see that these types of Confrontations are being generated, because if many countries come together, it is worse, a War will never be good, to the point that the markets become a total crash , even the BTC can be Greatly Affected and mitigate the effects that for now they have, which are a bullish rally.

The impact of war will always be bad in all sectors. So we all always hope that war will never happen. But the current conditions are quite difficult to understand. And right now, like it or not, we have to continue trying to understand the existing situation. So that we know when the market will reverse direction because of fud news. So that we can always immediately save the value of our assets properly.

You are right about that, one of the things that we as market speculators, even as investors, must be aware of what is happening in the world, because anything, threat of war, the price will go down, I'm not saying that because they want to change bitcoin to usdt or a more stable currency, I also think that if this happens, I hope not, but if it happens, they have to be very clear that the price is like that, because some will take advantage. buying, and we have not yet had the effect of the bitcoin halving nor have we had the effect of the ETF, so in this case things can happen very differently and can be very decisive, that is why you have to be very attentive to everything, The news, anything has an almost immediate effect on the market.

[bayu7adi]

That's right. It is very perfect for everyone to enter the crypto market when the price of bitcoin and other top altcoins is low price, but it is not everyone that will enter the market at the same time. There will be some investors who will get to know about bitcoin at its bull run, they will like to invest because of what the future holds for bitcoin in this bull run. You wouldn't advise someone who have such goal of making profits in bitcoin for long term not to invest because they miss to invest in bitcoin at low price. Your advice will be for them to go on to invest in bitcoin, so long as they are investing with the money they can afford to lose and they have a long term investment plan.

That's right, if you don't want to accept higher risks, DCA can be done with money that is free from primary needs. Using money that you are ready to lose is safer than having to force yourself to get high profits but not being able to perfectly implement the correct trading strategy. In fact, it will only increase the risk in trading.

It is better for us to pay attention to allocations for investments that will never affect our main assets. So, for example, if we need money suddenly, the free money will not be touched and will not decrease. And also we can still survive.

[de_prof]

That's right. It is very perfect for everyone to enter the crypto market when the price of bitcoin and other top altcoins is low price, but it is not everyone that will enter the market at the same time. There will be some investors who will get to know about bitcoin at its bull run, they will like to invest because of what the future holds for bitcoin in this bull run. You wouldn't advise someone who have such goal of making profits in bitcoin for long term not to invest because they miss to invest in bitcoin at low price. Your advice will be for them to go on to invest in bitcoin, so long as they are investing with the money they can afford to lose and they have a long term investment plan.

That's right, if you don't want to accept higher risks, DCA can be done with money that is free from primary needs. Using money that you are ready to lose is safer than having to force yourself to get high profits but not being able to perfectly implement the correct trading strategy. In fact, it will only increase the risk in trading.

It is better for us to pay attention to allocations for investments that will never affect our main assets. So, for example, if we need money suddenly, the free money will not be touched and will not decrease. And also we can still survive.

DCA using money that is free and untouched by primary needs is the safest way to hold bitcoin or other crypto for the long term. While buying coins we can monitor the market movements of other potential coins. This is what I've been doing all this time.

[TopT3ns]

DCA using money that is free and untouched by primary needs is the safest way to hold bitcoin or other crypto for the long term. While buying coins we can monitor the market movements of other potential coins. This is what I've been doing all this time.

Exactly, with this DCA method we will unconsciously have a very large amount of bitcoin assets, what we need to do is keep buying bitcoins no matter how much money we have and it won't feel like the number of bitcoins we have will grow a lot.