some sacrifices have to be made

[bitterguy28]

I wouldn't buy BTC at current prices, I know it'll come down once the bullish phase ends, my buys will start from $60k and below.

i know that i could buy more bitcoin once the bearish season starts and i intend to buy during that time too but it does feel regrettable if i let this bullish run go to waste by not maximizing all my profits i was hoping to have made some profit before this cycle ends

Though, there are people who do DCA into coins they like regularly irrespective of prices.

i know this prevents people from becoming too impulsive or too hesitant but i still like to consider what the prices are before i start buying

[Bobcrypto]

yes maybe you will lose some money since you are buying at a higher price than you intended but would it not be worth it anyway? do you think this kind of sacrifice is okay or is it just another case of being greedy?

It depends on your investment and trading strategy. If you are a short-term trader, yes, such a risk may be good to provide more liquidity, which means more profits. However, if you are a beginner or your emotions control you, it is better not to do this.

Yes, you are on points, buying Bitcoin absolutely depends on individuals trading, investments and holding purposes, whether on a short, long, hold plans. Every investor, trader, holder has plans for his Bitcoin purchases whether the price is high or low.
In facts, traders buys during the dip or corrections periods to make  profits, while, the long term investors buys bitcoin to resale in the future. I think that long term investors can buy Bitcoin at certain prices, probably on a high or lower price because they are on a long term plans.

[Faisal2202]

but my idea here is when it comes to bitcoin where you are sure that it will rise again in the future, should you just buy even at a high price? yes maybe you will lose some money since you are buying at a higher price than you intended but would it not be worth it anyway? do you think this kind of sacrifice is okay or is it just another case of being greedy?

i want to hear your perspective.

If you are one of those people who tend not to book profit in any time soon, then you should be good to go because in the long term, BTC will surely give profits if things go straight with it, as the USA is now the biggest manipulator of BTC, as the news and the Trump is being speculated about by almost every trader in the world, and the manipulation is also on peak, so therefore this is scary as it can lead us to a situation where China leads us several times. I mean, in the past China bans were really famous, haha.

If you plan to hold for the long term, it's better, and no loss should be even if you buy high, but for the short term, if you would have bought at $108k you would be in loss by now. Therefore buy low.

[$crypto$]

but my idea here is when it comes to bitcoin where you are sure that it will rise again in the future, should you just buy even at a high price? yes maybe you will lose some money since you are buying at a higher price than you intended but would it not be worth it anyway? do you think this kind of sacrifice is okay or is it just another case of being greedy?

i want to hear your perspective.

If you are one of those people who tend not to book profit in any time soon, then you should be good to go because in the long term, BTC will surely give profits if things go straight with it, as the USA is now the biggest manipulator of BTC, as the news and the Trump is being speculated about by almost every trader in the world, and the manipulation is also on peak, so therefore this is scary as it can lead us to a situation where China leads us several times. I mean, in the past China bans were really famous, haha.

If you plan to hold for the long term, it's better, and no loss should be even if you buy high, but for the short term, if you would have bought at $108k you would be in loss by now. Therefore buy low.

Sacrifice is something we must do in any case, but we also cannot just sacrifice, but we must have a reason behind the sacrifice we make, and if it is related to bitcoin, then knowledge must be the reason we sacrifice.

However, if we sacrifice without any knowledge, then I do not recommend it, because the risk will be greater. because this requires a very big mentality.

[Stuart]

but my idea here is when it comes to bitcoin where you are sure that it will rise again in the future, should you just buy even at a high price? yes maybe you will lose some money since you are buying at a higher price than you intended but would it not be worth it anyway? do you think this kind of sacrifice is okay or is it just another case of being greedy?

i want to hear your perspective.

Greed is something that has a big effect on traders, most times this doesn't affect investors or Bitcoin holders, rather traders mostly, because they see every moves in the market. Buying Bitcoin at its highest price is not really about greed, though FOMO could be a cause of that, but with patience, we know that the price will come up again, and profits will be made. This could take a short or long time, but definitely it will go above the price at which purchase was made. When it comes to buying at its lows, profits can easily be made, cause after every lows, then we expect an uptrend. 

[JoyMarsha]

yes maybe you will lose some money since you are buying at a higher price than you intended but would it not be worth it anyway? do you think this kind of sacrifice is okay or is it just another case of being greedy?

No time is late for someone who has a long term investment plan in Bitcoin. But let that be done with calculations so that the person would make many gains rather than few gains from Bitcoin.

However, many of the people who become wealthy through Bitcoin did that at the right time when Bitcoin was at a decrease, not an increase. And they all sell at the right time(peak of the market).

[bitterguy28]

However, many of the people who become wealthy through Bitcoin did that at the right time when Bitcoin was at a decrease, not an increase. And they all sell at the right time(peak of the market).

of course though some people were lucky enough to have bought at a high price that was not yet the peak and they have invested huge amounts of money in bitcoin and the risks they took were definitely worth it as it has paid off it is what i was pondering over but i also know that this is very risky and not everyone walks away happily by doing this

[robelneo]

but my idea here is when it comes to bitcoin where you are sure that it will rise again in the future, should you just buy even at a high price? yes maybe you will lose some money since you are buying at a higher price than you intended but would it not be worth it anyway? do you think this kind of sacrifice is okay or is it just another case of being greedy?

i want to hear your perspective.

This is an unfamiliar territory. for many of us because we are seeing Bitcoin reaching one all-time high to another, and we are afraid that Bitcoin will make a big dive and be in a situation where we have to cut our losses or wait for another all-time high to happen and a possibility that it will take some time before that happens.
Investing now needs a good analysis, and we should have a prepared mind to accept the outcome of the situation. We are in a choice of making a big sacrifice for a possible big profit or cutting our losses.

[ajiz138]

However, many of the people who become wealthy through Bitcoin did that at the right time when Bitcoin was at a decrease, not an increase. And they all sell at the right time(peak of the market).

of course though some people were lucky enough to have bought at a high price that was not yet the peak and they have invested huge amounts of money in bitcoin and the risks they took were definitely worth it as it has paid off it is what i was pondering over but i also know that this is very risky and not everyone walks away happily by doing this

And that is actually something we can already see, for example when bitcoin was at 15k at that time. For the people who bought it, now they have made a huge profit.

That is the use of the situation that they do, because when other people are afraid to buy, many people buy it. So when the price goes up they make a decent profit and people who are afraid may not feel this profit.

[Rubel007]

Who do not know about Bitcoin may sell their Bitcoin for a small profit. Some expect high profits. Some think that if the price increases slightly, they can sell it there and then buy it regularly when it decreases slightly, then they will make a profit. But if the market becomes bullish after selling, it will definitely be difficult for them to buy Bitcoin again. But if someone knows about Bitcoin well and wants to accumulate Bitcoin for the purpose of implementing long-term plans, then whatever the price of Bitcoin is, it is not a problem. Bitcoin will definitely be bullish in the long term. So whatever the price, it is suitable for buying.

[SmartGold01]

And that is actually something we can already see, for example when bitcoin was at 15k at that time. For the people who bought it, now they have made a huge profit.

That is the use of the situation that they do, because when other people are afraid to buy, many people buy it. So when the price goes up they make a decent profit and people who are afraid may not feel this profit.

This is what we usually experience from those who are afraid to invest on time when the market seems to be dip or when the price are extremely low and they wouldn't have that feeling to double their investments rather they keeps having this feeling that market will drop or it wouldn't grow anymore where they think that if they invest they will lose for long term before the market will recover and, of course there are people who are not afraid to venture into investments when they sees there is an opportunity to invest on that particular assets than just keep waiting till the assets rises and they regret at last.

[PX-Z]

This is what we usually experience from those who are afraid to invest on time when the market seems to be dip or when the price are extremely low and they wouldn't have that feeling to double their investments rather they keeps having this feeling that market will drop or it wouldn't grow anymore where they think that if they invest they will lose for long term before the market will recover and, of course there are people who are not afraid to venture into investments when they sees there is an opportunity to invest on that particular assets than just keep waiting till the assets rises and they regret at last.

That feeling is true to anyone even those who regularly see the bitcoin price since then. It's always those who think who will profit in long term, and those who doubts that maybe the price will dump for any negative reason so they will stay or buy with doubts then later will sell eventually after days of dump or pump, means those short term traders regardless the outcome if gain or loss.

[Z-tight]

i want to hear your perspective.

If you are not a short term investor, you can buy BTC anytime, as long as you are not going to buy and start feeling frustrated that you cannot make profit in the short term. Long term investors do not have any problem buying BTC at any price, because they know that they will surely make returns in the long run. So the answer to your question depends on the kind of investor you are.

[ajiz138]

And that is actually something we can already see, for example when bitcoin was at 15k at that time. For the people who bought it, now they have made a huge profit.

That is the use of the situation that they do, because when other people are afraid to buy, many people buy it. So when the price goes up they make a decent profit and people who are afraid may not feel this profit.

This is what we usually experience from those who are afraid to invest on time when the market seems to be dip or when the price are extremely low and they wouldn't have that feeling to double their investments rather they keeps having this feeling that market will drop or it wouldn't grow anymore where they think that if they invest they will lose for long term before the market will recover and, of course there are people who are not afraid to venture into investments when they sees there is an opportunity to invest on that particular assets than just keep waiting till the assets rises and they regret at last.

Honestly, maybe we will also feel a little afraid about the price will fall again. However, with the DCA method, we can also be more free to buy again when the price falls again.

There must be courage to start moving, otherwise we will not be able to move to any stage in life. However, that courage must also be based on broad knowledge, so that it does not look like gambling.

[SmartGold01]

And that is actually something we can already see, for example when bitcoin was at 15k at that time. For the people who bought it, now they have made a huge profit.

That is the use of the situation that they do, because when other people are afraid to buy, many people buy it. So when the price goes up they make a decent profit and people who are afraid may not feel this profit.

This is what we usually experience from those who are afraid to invest on time when the market seems to be dip or when the price are extremely low and they wouldn't have that feeling to double their investments rather they keeps having this feeling that market will drop or it wouldn't grow anymore where they think that if they invest they will lose for long term before the market will recover and, of course there are people who are not afraid to venture into investments when they sees there is an opportunity to invest on that particular assets than just keep waiting till the assets rises and they regret at last.

Honestly, maybe we will also feel a little afraid about the price will fall again. However, with the DCA method, we can also be more free to buy again when the price falls again.

There must be courage to start moving, otherwise we will not be able to move to any stage in life. However, that courage must also be based on broad knowledge, so that it does not look like gambling.

It's gambling already and we must be able to know and understand this from the very moment we step into investments. We don't have to feel that reluctant while investing because we know that whatever amount we invest is something we can afford to lose, therefore it's extremely important to use the amount subjected to lose so that we don't feels we have lost money while doing investments and it must be on the coins we have that trust in other not to be afraid of our investment.