Are You Buying Bitcoin Now or Waiting for the Perfect Moment?

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0xLaserFull Member
Posts: 252 · Reputation: 641
#1Oct 6, 2020, 11:45 AM
Are you buying Bitcoin in this bear market or still have doubts? Seems like most people were asking if it’s time to buy during the last bull run. I’m curious where those folks are now. It sure feels like a golden opportunity for anyone who wondered about buying at $120K+.
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kevin2019Newbie
Posts: 41 · Reputation: 36
#2Oct 6, 2020, 12:57 PM
Right? After that bull run, this is a prime time to accumulate. Back when Bitcoin was flying over 100K, many were too scared to jump in. Now they have a chance at 60K. It’s like getting a discount! The patient ones playing DCA during this downtime are set to profit big later.
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#3Oct 8, 2020, 09:07 PM
Exactly, nobody knows the bottom. Even Satoshi couldn’t call it right. If you’re waiting to buy at the absolute lowest, you might just miss the boat.
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#4Oct 9, 2020, 02:36 AM
When you really understand Bitcoin investment, decisions become easier. We all have the same info, and speculating becomes our norm. Buying now while prices are down is smart if you're ready to hold. After this phase, profits will come.
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wallet21Senior Member
Posts: 164 · Reputation: 1361
#5Oct 9, 2020, 07:01 AM
Just updated my status here, that answers your question. I started buying when Bitcoin was dropping from $90K. I’ve been using DCA and even lump-summed at $70K and $60K. My strategy is working.
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#6Oct 9, 2020, 11:06 AM
You said it! But we need to look deeper than the usual hype or fear. Money isn’t just sitting there; it's flowing into AI stocks. Investors are leaving crypto to chase tech gains. Those hoping for a quick recovery might be in for a wild ride.
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fewunderstandLegendary
Posts: 284 · Reputation: 5964
#7Oct 9, 2020, 01:00 PM
Those complaining about the Bitcoin price are just procrastinators. They keep waiting for it to dip more before buying. And let’s be real, most end up just dreaming about buying.
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0xDefiFull Member
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#8Oct 9, 2020, 03:55 PM
I’ve been consistent with DCA for ages. I’ve got reserves set aside and now I'm planning to buy aggressively on any dip. No panic here! If someone wants to miss out because they’re scared, that’s on them.
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0xHashMember
Posts: 431 · Reputation: 210
#9Oct 9, 2020, 08:12 PM
So true! Many of us wait for the dip like it’s a magic ticket. But I’m buying in all seasons because I can’t predict the ups and downs accurately. Consistency has worked for me.
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0xHodlerMember
Posts: 285 · Reputation: 42
#10Oct 9, 2020, 10:00 PM
When talking about buying low, the current price needs consideration. It might dip lower, but taking advantage now is key. DCA is great, but sometimes value averaging might be needed, and now seems like a prime time.
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#11Oct 9, 2020, 11:47 PM
That avatar has nothing to do with this discussion. Are you referencing your personal text?
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nick_hawkMember
Posts: 52 · Reputation: 185
#12Oct 10, 2020, 03:03 AM
For me, this is the best time to accumulate Bitcoin. If we see a fall, it won’t be by a tiny amount. Any investment made now will definitely pay off since prices will likely rise again.
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0xHodlerMember
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#13Oct 10, 2020, 05:41 AM
Thanks for the clarification, I get it now!
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maxorbitMember
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#14Oct 10, 2020, 11:33 AM
People are shifting their interests away from Bitcoin, and it feels like FUD again. I’m not sure if we’ll see another four-year cycle but recovery is always possible, bringing back trust in Bitcoin.
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the_seedFull Member
Posts: 83 · Reputation: 725
#15Oct 10, 2020, 03:09 PM
Those who joke about Bitcoin at its peaks usually end up regretting their missed opportunities. They say they’ll wait for the drop and when it happens, they complain about the lack of encouragement to buy.
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sigma21Member
Posts: 68 · Reputation: 55
#16Oct 10, 2020, 08:36 PM
Every time Bitcoin dips, some people panic, thinking it won’t recover. They fear missing out while others ask questions when they should be buying.
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#17Oct 10, 2020, 08:42 PM
I’m not waiting for perfect prices now. It’s frustrating to see people avoid buying when the opportunity is right in front of them. A lot of them just need to get over their fears.
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calmbearHero Member
Posts: 5 · Reputation: 4220
#18Oct 11, 2020, 01:43 AM
Those hesitating now are probably still waiting for that ‘perfect moment’ that may never come. Don’t be surprised to see them rushing in when the hype starts again.
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SilentBearFull Member
Posts: 63 · Reputation: 453
#19Oct 11, 2020, 05:53 AM
Been buying and stacking for years, this is definitely the moment to fill up on Bitcoin. Whether you wait or just DCA, now’s the time to act.
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lord42Newbie
Posts: 31 · Reputation: 30
#20Oct 12, 2020, 06:58 AM
If you’re still mulling over whether to buy, you’re likely missing out. Waiting for another cycle isn’t a guarantee we’ll see these low prices again.
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