Post
Topic
Board Speculation
Re: Don’t rush to buy Bitcoin
by
MarjorieZimmermanGinger
on 07/06/2022, 06:59:09 UTC
I listened to this from various opinion polls, many people even suggested to collect any amount of bitcoin for now, the opportunity in the bear market is not an excuse not to buy bitcoin, and finally I saw what a loss, the opportunity was not exploited under certain conditions, for example accumulation of bitcoins in 2017 to 2021, if by that time we had started collecting bitcoins, surely the past bull run would have given us big profits, unfortunately we can't take advantage of this
Very concerned people would suggest buying Bitcoin for a different price, but my goal is to buy more at $25k and reserve funds maybe to buy another $20k. I believe both Bitcoin buying targets can be achieved because the market pattern is always there is a possibility the market will decline drastically before the recovery area reaches $30k again.
You are calculating the price to be going down a lot but I do not think that it would go down that much. I feel like it will go up, so if you keep on waiting or the price to be 25k or 20k, then you may end up being upset about it. I feel like you should be filling the bag right now, because this price could be the last time you see such a price.

This usually doesn't mean that you should be losing money if you wait, it just means that you will not be making max amount of profit that you could make. I agree that DCA is the way to go, and that means you would have to buy some now, and wait for it to drop and buy some more there, but it is already quite down, it may not go down too much after this.
Calculation is important in carrying out investments, it's true to go down at a low price is quite difficult for now, because slowly the coin will get better going forward, but I mean going down not only at the lowest price but more to take advantage of the decline in price from before.

For now the step to buy is quite open to anyone, the question is how far can we make a purchase, then try to take advantage of the recovery phase and wait for the pump to happen, almost the average person has prepared this step for the future