Tendency to buy more when the price of Bitcoin bullish!

[Crwth]

it does increase the hype andthe FOMO surrounding bitcoin. But it could be that you would be buying into a top so you should be careful and manage the risk with it. So I suggest that you look at it in a longer term perspective and see that it could be a great opportunity for you.

[bayu7adi]

There are many experienced investors against the trend who tend to buy more when the price of Bitcoin rises and make more hold which can be surprising to new investors. I have seen many investors in my experience who buy more when the price of Bitcoin rises.

Does it make sense to buy more at a time when the value of Bitcoin is increasing?

Everyone's way of thinking is different, it could be that the price is cheap for big investors, it could still be considered a high price for small investors.. there are still many considerations, such as order volume, or it could also be long-term projections, or it could also be influenced by psychological settings... I myself find it difficult to understand it but they are more successful than me... that means the way they see opportunities is a little different from the rest of us...

There is nothing wrong with each strategy, because this is very relative based on the thoughts of different people...

[joniboini]

there are still many considerations, such as order volume, or it could also be long-term projections, or it could also be influenced by psychological settings...

Another factor that is not mentioned is whales have a bigger risk tolerance. I think their large capital helped them prepare more so they don't fall for fake out as often as retail traders. Because they can stomach less, they have more opportunities to gain more by being patient, using better trading tools, and so on. Maybe that's why copy trading is still a thing nowadays because people want to follow their move without doing much research, even though their capital is significantly smaller.

In regards to Bitcoin investment though, I find that retail traders, at least those that I know of, tend to buy at the top instead. We'll see if that changes after they're familiar with the market or not.

[TomPluz]

There is no problem actually when someone would be buying BTC when the price is already high as long as he would HODLING to it and never sell when the price is lower...that is essentially a big suicide and is not the best way to do business. Buy HIGH and sell LOW is just what we should be avoiding...this is a big slap on our face and maybe it would be better to never buy at all. Now, it is unfortunate that some people would be going along with the crowd and never have a plan or roadmap of what he is doing in the cryptocurrency market. Senseful investors will always BUY LOW, SELL HIGH. In case, the price is already high, one has to wait when it would already be possible to make ROI. As always never be allowed to be taken grip by FOMO and be swayed by opinions of others to one's detriment.

[taufik123]

Based on the habits that we observe when the price of bitcoin experiences a high increase, bitcoin will experience a correction and a sharp decline, that is the best time to buy bitcoin to hold. this always repeats in every cycle so we just have to wait patiently, if the price we buy is still low from the market price, it is better to hold until the price goes up again if you want to sell it, because the price of popular coins, top coins will increase when the price of bitcoin goes up.

yes, you just need to wait and survive if we already have BItcoin at a fairly cheap price.
But some people can't hold back for the long term because they panic too much for a pretty sharp decline.

You should have spare money to buy back instead of having to panic selling at a low price.
Now Bitcoin has broken through the $65k price and this could be a good indication to start a new ATH that can be crossed soon.

[Azharul]

There is no problem actually when someone would be buying BTC when the price is already high as long as he would HODLING to it and never sell when the price is lower...that is essentially a big suicide and is not the best way to do business. Buy HIGH and sell LOW is just what we should be avoiding...this is a big slap on our face and maybe it would be better to never buy at all. Now, it is unfortunate that some people would be going along with the crowd and never have a plan or roadmap of what he is doing in the cryptocurrency market. Senseful investors will always BUY LOW, SELL HIGH. In case, the price is already high, one has to wait when it would already be possible to make ROI. As always never be allowed to be taken grip by FOMO and be swayed by opinions of others to one's detriment.

I think this topic is very essential for cryptocurrency users. It also very helpful for new users in our from. Because we know that crypto currency market is always depending on high or low. We also know that generally when bitcoin price is increase then we sell our crypto, and when the market will be down than we buy crypto in cryptocurrency market. But another we saw that some investors wil buy bitcoin when market price will high. So i believe that it is also be wrong decision for crypto currency market, which can be a source of big loss.

[Themepen]

New investors in Bitcoin mostly lose money because they buy when prices are low and sell when prices rise but when there big comes they get panic and sell Bitcoin in loss. Meanwhile experienced investors know Bitcoin value will increase over time so they buy regularly no matter what price is. Some experienced investors even buy more when prices go up expecting prices to rise further.

This might seem strange to newcomers but it makes sense if you understand market and plan carefully. To succeed in Bitcoin investing newcomers should learn about market set clear goals and avoid impulsive decisions and be patient.

[0t3p0t]

I think for people or investors who still buy when when Bitcoin's price is increasing are looking for long term investments or they are using strategies that will be able to gain profit even in an increasing prices. This strategy is quite common for newer investors but most of the time it results in losses as they don't have enough knowledge what will gonna happen the next days that is why it sometimes end up cutting loss or funds getting pinned for a while. If we really know what we are doing then I assume that will be on our favor because if not then that's a terrible decision.

[Mia Chloe]

I think for people or investors who still buy when when Bitcoin's price is increasing are looking for long term investments or they are using strategies that will be able to gain profit even in an increasing prices.

As much as we say and it is true that it's ok to buy bitcoin at anytime, it's still better to buy at a lower price since it keeps you in profit for a larger margin when there are little fluctuations in price. Bitcoin is currently on a pump. And I believe there is nothing wrong in buying now since it's very much possible for the pump to take us to probably $70k sooner. Anyways it's better if same investor had bought bitcoin later than now especially when we experienced a drop a couple of weeks back.
And just like you said , any investor who proceeds to buying now would have to HODL longer to make sure they probably sell at a little higher profit instead of some value around the exact price they bought.

[bitterguy28]

Does it make sense to buy more at a time when the value of Bitcoin is increasing?

Of course not. At what point is it more sensible to buy something at a more expensive price when you can buy it at a much cheaper price? All you are doing is spending unnecessary extra money when you can save this if you just wait for bitcoin to dip a bit. Other people want to buy bitcoin when it is rising because they want to be included to it rising but you should have bought bitcoin way before it started rising. This way you will maximize your profits.

Don’t try to catch what is already rising. Get ahead of everyone else.

[Primo1760]

Most of the new investors show more interest by following the process of buying more bitcoins in lower price trend and wait for possible bearish period which leads to losing huge investment benefits and gradually depleting the money allocated for investment. Similarly, an experienced investor tends to continuously buy Bitcoin at any price because he can predict that the price of Bitcoin will reach a new high in a short period of time, and they tend to become huge whales in the future and tend to hold more.

There are many experienced investors against the trend who tend to buy more when the price of Bitcoin rises and make more hold which can be surprising to new investors. I have seen many investors in my experience who buy more when the price of Bitcoin rises.

Does it make sense to buy more at a time when the value of Bitcoin is increasing?

The Bitcoin market is full of volatility and it is very difficult to understand the market. Assuming that the Bitcoin market is currently in a fairly pumping state, no one can say exactly which direction the market will go at this time. In such a situation, a person or an investor will not buy Bitcoin, wait for a lower price to buy. what will you say. Now market will not go up but down no one can say right so bitcoin market can be bought from any condition but best to invest using DCA method if DCA method can be used to invest in that case get much success in investment  goes  If the market goes down, then there is no dilemma.

[superman22]

Bitcoin is not like forex trading currency. It is more depend on speculation. I believe that people who have less money can keep some bitcoins in their wallet. There is not fixed time when to buy as it is not fixed rate. Its price always variable depend on Gold and economy situation. I have seen that last 7 years bitcoin price goes up. So, if you have some residual money which you can afford to lose then you must hold that coin. Bear Season and Bull Season are not actually predicted to buy for any crypto coins. You must learn that you have risks and study the situation.

[laijsica]

it does increase the hype andthe FOMO surrounding bitcoin. But it could be that you would be buying into a top so you should be careful and manage the risk with it. So I suggest that you look at it in a longer term perspective and see that it could be a great opportunity for you.

I think it can be a much riskier investment for small investors as their purchase volume is very limited which is an opportunity for large investors to make huge profits in short time spans. I agree with you that long term investment is much less risky which can be an ideal investment vehicle for investors of any stage.

Bitcoin is not like forex trading currency. It is more depend on speculation. I believe that people who have less money can keep some bitcoins in their wallet. There is not fixed time when to buy as it is not fixed rate. Its price always variable depend on Gold and economy situation. I have seen that last 7 years bitcoin price goes up. So, if you have some residual money which you can afford to lose then you must hold that coin. Bear Season and Bull Season are not actually predicted to buy for any crypto coins. You must learn that you have risks and study the situation.

Keep depositing bitcoins regularly if you have discretionary income. The amount of bitcoins in your wallet can give you multiple profits over the next 4-10 years, so it is better to tend to DCA instead of keeping particular amounts. This approach shows average value in your portfolio through long-term management which tends to increase your profit margin.
Any investment you make requires you to make investment decisions based on assumptions. Although Bitcoin is a volatile asset, long-term DCA allows you to have a large Bitcoin holding and high profit potential.

[robelneo]

There are many experienced investors against the trend who tend to buy more when the price of Bitcoin rises and make more hold which can be surprising to new investors. I have seen many investors in my experience who buy more when the price of Bitcoin rises.

Does it make sense to buy more at a time when the value of Bitcoin is increasing?

If you're buying when the price is moving, then you are on FOMO, feeling or fear of missing out, its better to buy Bitcoin when people are selling because of fear and when you have the funds to do not because you are forced by FOMO.
FOMO is something you should not do, because there is a risk attach to it, buy only if you can and you are comfortable doing so.

[TomPluz]

Don’t try to catch what is already rising. Get ahead of everyone else.

Wise investor of Bitcoin know when to buy to maximize their possible profits...the problem is that newbies and overexcited new investors maybe not yet knowledgeable on the very history of Bitcoin so they are hyped and just do what others can be doing. As advised all the time to investors: buy Bitcoin when there is a dip. Now, in case, there is no dip then adopt the DCA strategy and then hodl for the long-term because eventually we can all get profitable by then. Never listen to what others can be saying and never made a decision based on FEAR as this alone can be a great destroyer of our financial future ...believe me I was there too and I regretted those days. Right now, there is still a good opportunity to get into Bitcoin or to add more as there will certainly be a big bull run coming in 2025 (just my speculation, anyway).