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Author Topic: Are you buying now?  (Read 26026 times)

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Re: Are you buying now?
« Reply #315 on: July 13, 2024, 07:50:33 PM »

I believe those who bought when it was lower than it is now must have made profit from their investment this season. While the price touched $55k, many investors and traders too their position very fast and are currently merrying with their profits. I saw it as good investment and trading strategy because it is a smart move that everyone individual would do to make profit in business. Buy low sell high or you hold for a long time.
The market generally as it is, is very risky and volatile and this is the more reasons why we are advised to exercise caution but the truth is that no risk no gain even life itself is full of risk and only those who take the risk can be able to make a difference.
You are right, for those who bought bitcoin during the bearish season 1-2 years ago now if they sell it they will already make a profit, some of my friends have sold it when the price of bitcoin reached ATH $73K, and some are still holding their bitcoin because they hope the price of bitcoin will reached $100K. Everyone has their own strategies and considerations when investing in crypto.
Absolutely true! It is always interesting to witness distinct approaches when it comes to investment in the digital currency, precisely Bitcoin. Those who invested during the bearish periods are now smiling because they're definitely in profit right now, and I'm glad that your friends managed to make a profit when they sold at $73K.

And I like that some are still clinging on, with hopes of Bitcoin climbing to $100K or even more. It illustrates the effectiveness of a strong belief and effective planning for the long-term. Precisely, as you rightly said every one has his or her investment strategy, attitude, risk tolerance and goals. There are those who are short-term traders and are merely there to make quick profits, and there are also long-term HODLers, those who consider Bitcoin to be a long-term investment.

Every one individual or investor always have their business strategy. People approach business in different dimensions but the focus is all about making profit. It is also of importance that as you are waiting for profit, you should be able to take or face the risk involved because *no risk, no gain.
As a matter of fact, traders are likely to benefit more from their daily trading because the odds are likely in their favour when the market fluctuates. Good traders sees the opportunity in the market price fluctuations and possibly taking advantage of the situation in their own favour. Thus, this is what it means to be a trader.
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Re: Are you buying now?
« Reply #315 on: July 13, 2024, 07:50:33 PM »

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Offline Dr.Bitcoin_Strange

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Re: Are you buying now?
« Reply #316 on: July 13, 2024, 09:17:55 PM »
Every one individual or investor always have their business strategy. People approach business in different dimensions but the focus is all about making profit. It is also of importance that as you are waiting for profit, you should be able to take or face the risk involved because *no risk, no gain.
As a matter of fact, traders are likely to benefit more from their daily trading because the odds are likely in their favour when the market fluctuates. Good traders sees the opportunity in the market price fluctuations and possibly taking advantage of the situation in their own favour. Thus, this is what it means to be a trader.

I do not fully agree with this idea stating that day traders are likely to profit more from daily trading and have higher chances when there is a sudden fluctuation in the market. Of course, there are some traders who do make money in the short term but the awkward truth is that the majority of traders do lose money in the long term.

On the contrary, research has revealed that the majority of day traders end up making more losses than profit. It indicates that the markets are volatile and subject to change, even the least movements you can end up losing a lot of money.

Moreover, the concept of ‘no risk no gain’ as the general law of the trade omits numerous factors of trading. While it is true that taking risk is a vital factor in trading, let's not also forget that reckless risk taking is unfortunate and destructive. Also, the assumption that traders can have a head start every time the market fluctuates is quite unattainable. Many investors make the mistake of trying to time the market, a definite no-no.

 However, in reality, trading is more than what you've explained and is a delicate combination of risk management and returns, technical and fundamental analysis, and concepts like patience and discipline rather than fast money.

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Re: Are you buying now?
« Reply #316 on: July 13, 2024, 09:17:55 PM »

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Re: Are you buying now?
« Reply #317 on: July 13, 2024, 09:29:13 PM »
...//:::

 The point is that no matter at moment, it is a metaphorical question, that title, ok, yes, there is the DCA for whom that question is irrelevant, but that without a doubt some guys who arrived 'today', they should be on the premise that it is always a good day to buy... no always all users on bitcoin are traders.

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Re: Are you buying now?
« Reply #318 on: July 13, 2024, 09:42:16 PM »
Yes, now is of course the ideal time to buy, because the market is at the bottom and the edge of this bottom is not visible. Perhaps this is a deep correction, or perhaps the calm before the storm, but I think this is crypto winter, but I really don’t want to believe it, because that winter that was, lasted about 2 years, I really would not want it to happen again.

Yeah for those who want to buy cryptos this is actually the right moment for it because I believe we have gotten to the highest dip of the year, so anybody who is expecting for more price to drop they are actually making a great mistake  because the opportunity may not longer be there when they would be ready and besides we are actually expecting the Bitcoin price to start appreciating any moment from now so buying  now would be a good idea now.

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Re: Are you buying now?
« Reply #319 on: July 13, 2024, 10:09:21 PM »
You are right, for those who bought bitcoin during the bearish season 1-2 years ago now if they sell it they will already make a profit, some of my friends have sold it when the price of bitcoin reached ATH $73K, and some are still holding their bitcoin because they hope the price of bitcoin will reached $100K. Everyone has their own strategies and considerations when investing in crypto.
1-2 years ago bitcoin was in the range of $20K, so it's clear that when now experiencing a decline they will still make a profit if sold now, it's just better to HODL until next year who knows the price of bitcoin back ATH to $100K, some experts think that in the following year bitcoin will be bullish, so I will still HODL and accumulate.

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Re: Are you buying now?
« Reply #320 on: July 14, 2024, 03:37:50 AM »
You are right, for those who bought bitcoin during the bearish season 1-2 years ago now if they sell it they will already make a profit, some of my friends have sold it when the price of bitcoin reached ATH $73K, and some are still holding their bitcoin because they hope the price of bitcoin will reached $100K. Everyone has their own strategies and considerations when investing in crypto.
1-2 years ago bitcoin was in the range of $20K, so it's clear that when now experiencing a decline they will still make a profit if sold now, it's just better to HODL until next year who knows the price of bitcoin back ATH to $100K, some experts think that in the following year bitcoin will be bullish, so I will still HODL and accumulate.
This shows that Bitcoin price movements from year to year have a very consistent increase, Bitcoin managed to reach its latest ATH at $73k. The very fast process of increasing and decreasing Bitcoin prices is very easy to use by traders who want to make very large profits. Before deciding to enter Bitcoin, we must at least know the market conditions. Make sure we enter during the bearish season where the price of Bitcoin is collapsing so that this way it will give us the opportunity to make a profit in Bitcoin.

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Re: Are you buying now?
« Reply #321 on: July 15, 2024, 12:48:59 AM »
Yes, now is of course the ideal time to buy, because the market is at the bottom and the edge of this bottom is not visible. Perhaps this is a deep correction, or perhaps the calm before the storm, but I think this is crypto winter, but I really don’t want to believe it, because that winter that was, lasted about 2 years, I really would not want it to happen again.

Yeah for those who want to buy cryptos this is actually the right moment for it because I believe we have gotten to the highest dip of the year, so anybody who is expecting for more price to drop they are actually making a great mistake  because the opportunity may not longer be there when they would be ready and besides we are actually expecting the Bitcoin price to start appreciating any moment from now so buying  now would be a good idea now.
I think there will still be more time to be able to buy at a low price, because the correction will still happen again from the time is still long from the time Bitcoin will increase from the end of the end of this year until the beginning of next year.
Today it has indeed increased again, but it is not impossible to go back down again, and it can be seen from the movement to increase if it cannot reach $ 70K, so you can always prepare for things that might happen.
Buying Bitcoin is no problem for now or waiting for a decline, it seems like it will be the same when enjoying the benefits awaited.

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Re: Are you buying now?
« Reply #321 on: July 15, 2024, 12:48:59 AM »


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Re: Are you buying now?
« Reply #322 on: July 16, 2024, 01:06:39 AM »
I consider holding coins that are in the top 10 on the list to be a good profitable decision in the short and long term. I don't think the collapse of the crypt will happen, they have even been mentioned in various books and movies, which is really inspiring. I bought AIRT coins this year, which is therefore not among the top 10 where I hold BNB and ETH as well. In the long run I will profit for sure.
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Re: Are you buying now?
« Reply #323 on: July 16, 2024, 02:46:08 AM »
Yes, now is of course the ideal time to buy, because the market is at the bottom and the edge of this bottom is not visible. Perhaps this is a deep correction, or perhaps the calm before the storm, but I think this is crypto winter, but I really don’t want to believe it, because that winter that was, lasted about 2 years, I really would not want it to happen again.

Yeah for those who want to buy cryptos this is actually the right moment for it because I believe we have gotten to the highest dip of the year, so anybody who is expecting for more price to drop they are actually making a great mistake  because the opportunity may not longer be there when they would be ready and besides we are actually expecting the Bitcoin price to start appreciating any moment from now so buying  now would be a good idea now.
I think there will still be more time to be able to buy at a low price, because the correction will still happen again from the time is still long from the time Bitcoin will increase from the end of the end of this year until the beginning of next year.
Today it has indeed increased again, but it is not impossible to go back down again, and it can be seen from the movement to increase if it cannot reach $ 70K, so you can always prepare for things that might happen.
Buying Bitcoin is no problem for now or waiting for a decline, it seems like it will be the same when enjoying the benefits awaited.

You are right but still I would advice people to buy now while they can because nothing is certain when it comes to Bitcoin price movement because already the price of Bitcoin has shown that irrespective of how we feel we understand Bitcoin but it will always show us that it will never move the way we expect it to be, so waiting for more dip is really not advisable because nobody knows the next move of Bitcoin.

However for me I still maintain that the price will not go below $55k again because from the charts it has already shown that the market is about to move uptrend and with the look of things I believe before the year runs out the price of Bitcoin may possibly hit $75k and above, so for those who has not started investing on Bitcoin could actually start now because waiting for more dip is never the solution.

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Re: Are you buying now?
« Reply #324 on: July 16, 2024, 03:20:09 AM »
Yes, now is of course the ideal time to buy, because the market is at the bottom and the edge of this bottom is not visible. Perhaps this is a deep correction, or perhaps the calm before the storm, but I think this is crypto winter, but I really don’t want to believe it, because that winter that was, lasted about 2 years, I really would not want it to happen again.

Yeah for those who want to buy cryptos this is actually the right moment for it because I believe we have gotten to the highest dip of the year, so anybody who is expecting for more price to drop they are actually making a great mistake  because the opportunity may not longer be there when they would be ready and besides we are actually expecting the Bitcoin price to start appreciating any moment from now so buying  now would be a good idea now.
I think there will still be more time to be able to buy at a low price, because the correction will still happen again from the time is still long from the time Bitcoin will increase from the end of the end of this year until the beginning of next year.
Today it has indeed increased again, but it is not impossible to go back down again, and it can be seen from the movement to increase if it cannot reach $ 70K, so you can always prepare for things that might happen.
Buying Bitcoin is no problem for now or waiting for a decline, it seems like it will be the same when enjoying the benefits awaited.

You are right but still I would advice people to buy now while they can because nothing is certain when it comes to Bitcoin price movement because already the price of Bitcoin has shown that irrespective of how we feel we understand Bitcoin but it will always show us that it will never move the way we expect it to be, so waiting for more dip is really not advisable because nobody knows the next move of Bitcoin.

However for me I still maintain that the price will not go below $55k again because from the charts it has already shown that the market is about to move uptrend and with the look of things I believe before the year runs out the price of Bitcoin may possibly hit $75k and above, so for those who has not started investing on Bitcoin could actually start now because waiting for more dip is never the solution.

I purchased a decent amount 54k to 59.9k looks like it was smart ~ at this point. STILL stack and hodl. Pile is bigger now than rest of the year
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Re: Are you buying now?
« Reply #325 on: July 16, 2024, 04:41:04 PM »
I consider holding coins that are in the top 10 on the list to be a good profitable decision in the short and long term. I don't think the collapse of the crypt will happen, they have even been mentioned in various books and movies, which is really inspiring. I bought AIRT coins this year, which is therefore not among the top 10 where I hold BNB and ETH as well. In the long run I will profit for sure.
For AIRT coins, I hope you don't buy them in large quantities because judging from the first launch AIRT continues to decline and there is almost no sign of an increase.
BNB and ETH are enough to be used as a long-term investment and if you have more money you can add more, you can use the DCA system or buy when Bitcoin decreases it is better.
Although many people think that coins that are in the top 10 coins on CMC or CoinGecko still have to do independent research because we already have examples such as XRP and ADA, XRP from the price of $3 dropped to $0.5, ADA from the price of $3 dropped to below $0.4.

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Re: Are you buying now?
« Reply #326 on: July 16, 2024, 05:20:22 PM »
You are right, for those who bought bitcoin during the bearish season 1-2 years ago now if they sell it they will already make a profit, some of my friends have sold it when the price of bitcoin reached ATH $73K, and some are still holding their bitcoin because they hope the price of bitcoin will reached $100K. Everyone has their own strategies and considerations when investing in crypto.
1-2 years ago bitcoin was in the range of $20K, so it's clear that when now experiencing a decline they will still make a profit if sold now, it's just better to HODL until next year who knows the price of bitcoin back ATH to $100K, some experts think that in the following year bitcoin will be bullish, so I will still HODL and accumulate.
The price is going through a bit ups and downs. It is surely a good idea to make a target to reach 100k$. If its not happen we can expect it on upcoming years. We all know its always a good idea go accumulate when market goes through downtrend or more likely stable. So i am also DCA my investment and try to catch each down level. Hope it not goes more down and we will see a bullish year at the end and so on upcoming years.
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Re: Are you buying now?
« Reply #327 on: July 16, 2024, 07:46:29 PM »
This shows that Bitcoin price movements from year to year have a very consistent increase, Bitcoin managed to reach its latest ATH at $73k. The very fast process of increasing and decreasing Bitcoin prices is very easy to use by traders who want to make very large profits. Before deciding to enter Bitcoin, we must at least know the market conditions. Make sure we enter during the bearish season where the price of Bitcoin is collapsing so that this way it will give us the opportunity to make a profit in Bitcoin.

Yes Bitcoin price shows increase every year therefore if sometime its price goes down then we should think about the past where after each decline there happened a strong gaining in worth. You will be familiar with that in the past few weeks there was a huge decrease in price  that everyone was in thoughts that price will not go higher again as bull season has ended.

But they were all wrong as you can see that the price is very much higher and now bitcoin is 62k$ so one should not think that Bitcoin has gone to the down worth forever because after every dark day there is a bright day where we can make a good profit. Those are wise individuals who were not afraid of the lower value of Bitcoin and made some investment so they can take their quick profit today but I think holding more will be better.
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Re: Are you buying now?
« Reply #328 on: July 16, 2024, 08:58:41 PM »
I consider holding coins that are in the top 10 on the list to be a good profitable decision in the short and long term. I don't think the collapse of the crypt will happen, they have even been mentioned in various books and movies, which is really inspiring. I bought AIRT coins this year, which is therefore not among the top 10 where I hold BNB and ETH as well. In the long run I will profit for sure.

This is not a good way to select coins. Top 10 is dynamic and not static, the coin you least expect to turnout well can wake up one day and decide to do the magic of cryptocurrency and you will see it among the top coins and one from the top 10 will have to drop and if it doesn't perform as expected, investors will troop to another coin and it will continue to drop from that top 10.

Many fork coins like Bitcoin cash and Bitcoin SV were once among we have in the top 10 but today, they look like dead coins. Imagine using this as way to invest 5 years back, you will not only waste your money but even your time will be wasted too.
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Re: Are you buying now?
« Reply #329 on: July 16, 2024, 09:26:33 PM »
Yes, now is of course the ideal time to buy, because the market is at the bottom and the edge of this bottom is not visible. Perhaps this is a deep correction, or perhaps the calm before the storm, but I think this is crypto winter, but I really don’t want to believe it, because that winter that was, lasted about 2 years, I really would not want it to happen again.

Yeah for those who want to buy cryptos this is actually the right moment for it because I believe we have gotten to the highest dip of the year, so anybody who is expecting for more price to drop they are actually making a great mistake  because the opportunity may not longer be there when they would be ready and besides we are actually expecting the Bitcoin price to start appreciating any moment from now so buying  now would be a good idea now.
I think there will still be more time to be able to buy at a low price, because the correction will still happen again from the time is still long from the time Bitcoin will increase from the end of the end of this year until the beginning of next year.
Today it has indeed increased again, but it is not impossible to go back down again, and it can be seen from the movement to increase if it cannot reach $ 70K, so you can always prepare for things that might happen.
Buying Bitcoin is no problem for now or waiting for a decline, it seems like it will be the same when enjoying the benefits awaited.

Well you may be right but however is totally depends on individual on the pattern at which they preferred to use either to start accumulating now or waiting for more decline before utilizing the opportunity to buy Bitcoin because for me I still maintain that Bitcoin price may possibly not going to decline to that extend again because the moment it breaks $70k we should expect more massive move.

However for me I'm mostly not affected by any price of Bitcoin because the method I normally use in my Bitcoin accumulation permit to invest at any price which is DCA method and I normally do it on weekly basis so no matter the current price of Bitcoin I will always buy because I'm holding for long term, so any dip in Bitcoin price is an added opportunity for me to invest more money.

 

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