Topic: Buy more Bitcoin when downward - page 5. (Read 1379 times)

The targets are not what is going to happen but just speculation and this should not make you invest or you will be depending on what other people are saying for you to make your investments. If you listen to podcasts about Bitcoin price and influencer talking about Bitcoin price in 2025, they will be predicting high numbers to happen but it is impossible because there is no way the price of Bitcoin can get to $1milliom right now. It can happen in the future but not in this bull market. A more realistic price is between $100,000 to $200,000 and that is my target therefore I'll keep buying until Bitcoin gets to that price then I can sell to take profits while I wait for some corrections that will lead us into the bear market to buy at a lower price.

If you have money then we can buy bitcoin in a dip but there are still ways to accumulate even if we don't have much money to buy in large quantities. If the investment concept you are running is a long-term choice then buying bitcoin at the current price is not a problem because even if bitcoin falls in the future there will be a time when bitcoin will strengthen again at a much higher price. If you want a balance of purchases then we can use the DCA pattern to accumulate so that when there is a decline we can use spare money to buy in much larger amounts.

There is always speculation about bitcoin and this is why bitcoin can always give surprises, where the price can go up or down beyond predictions. But if we choose long-term investment, then buying bitcoin at any price is not a problem. Waiting for the price to drop is also not necessarily able to buy it because it is feared that when bitcoin goes down we do not have the money to buy it. It is better to use the DCA pattern to buy so that we can set the desired purchase amount according to the capital we have.

The speculations going on about bitcoin crossing the $100k mark is not something that cannot be achieved within a few months. We are currently experiencing a downward trend when we are all expecting the bull run but it’s not the end of the year yet so there is no need to panic instead we have been presented with an opportunity to keep buying the dip and keep preparing for the soon to come bullish trend.

Since the bull is around the corner we should utilize this opportunity and keep buying at every dip we can buy and try not to exceed the limit you can afford.

I wish more people did this, it is obvious that we are not dealing with anything all that crazy, we should consider how to make some return when we can, and because of that we are dealing with something that is going to be easier, and should be fine. I think it is clear that we are seeing this type of issue rising more and more, and that is why things aren't that simple.

We need to make sure that we can make some returns, and for that to mean something we need to be more careful about it. I know that it is going to take some time, and I know that we are going to end up with a lot better result, we just need to make sure that we know what we are doing. If you buy when it is down like this, at near 62k or so, then I am sure that you will profit later on.

The entire market is expecting bitcoin to reach a new ATH or touch $100K by 2025 but none of us can guarantee or be sure about that. So if your plan is to just speculate, meaning you buy bitcoin now or maybe buy it at a lower price and expect to make a profit by 2025, that's very risky and uncertain.
Based on the cycle of previous years and if history repeats itself, your plan will be perfect, but history can also change, the bull season may come earlier, later or worse, it will not come. You should not ignore this scenario because anything can happen. That's why people prefer long-term investments in bitcoin rather than speculation.

Buying on dips or DCA will always be a great strategy but it only works when we invest long-term, it does not work for short-term or medium-term speculation.

Maybe DCA is not for you? After all the whole point of DCA is to buy the assets you like at set intervals regardless of the price they have at the moment, if you have stopped buying bitcoin now that it is cheaper and it is the best possible moment to buy it, then by the time you resume implementing that strategy the price will be way more expensive.

Now I will admit that using a DCA strategy is counterintuitive, since it may not seem to make much sense that money could be made this way, but the evidence is very clear this is the case.

Everyone will of course think as you said, of course we will be able to make a profit if we buy it when the price is decreasing and we will be able to make a profit when there is an increase and sell it, but we must be able to set limits so that we don't miss the opportunity to make a profit and if we choose to put all the funds we have in one place and we cannot hold them for a long period of time of course this will be detrimental to us when we need these funds and the price has not increased of course we have to take them and this could result in us experiencing losses or However, it is difficult for us to profit from this situation, so it would be better for us to invest funds according to our ability to survive for a long period of time to be able to look forward to profits and not experience disruption in holding the investment we make.

No doubt. Regardless of its price, if you have the plan for long term then you should keep on stacking up for yourself. No need for anyone's validation as long as you have that plan to have Bitcoin until that time comes for you to sell.

But are we going to sell all? not probably.

We will never know but we're expecting it to be fruitful and better than 2021. So, don't doubt the numbers and the historical charts of Bitcoin.

Because as they say, "history repeats itself". And that's what we're believing to happen for 2025 as every halving, the next year that comes becomes bullish.

Bitcoin resistance level went from 64,000$ to 62,000$ on the last days. Now it's trying hard to remain at 60,000$, but we know the support level is at 58,800$ already. The current trend indeed show losses in Bitcoin potential on the recent days, as it's slowly going down, while trying to remain stable.

In fact, there aren't strong reasons to justify why Bitcoin is doing badly these days, since there isn't any new impacting event at a global level which could explain this.

News keep saying about interest rates in US affecting Bitcoin price, but it doesn't make sense at all, because despite interest rates from US, Bitcoin still managed to hit a new ATH this year already. It seems when the market is favourable to Bitcoin, news' writters immediately create reasons to justify optimism, but when the market falls down, the same news' writters reuse the elements and factors they used previously as boosters for BTC price, to justify they harmed the market this time.

For an example: when BTC pumps, news say it's due to the expectation of interest rates in US decreasing. But when BTC dumps, news say it's due to the interest rates in US which still didn't decrease or didn't decrease significantly.

The reply you are looking for to best answer your questions is not possible. Any response you get to this your question is just base on speculated facts and not true facts that you can rely on. If you’ve been doing DCA since you started accumulating your bitcoin, you don’t need to worry about this dip, all you need to do is to buy again to settle the ones you’ve bought at an higher price in order to get a unified low amount for each unit of bitcoin. I have strong hope in bitcoin and I don’t doubt if it’s going to do well after the dip, of course it will do well looking at the future prospects of bitcoin as a whole.

Buying in dips makes you gain great advantage in the market, no doubt for that. However, spending all your capital and putting all your eggs in a single basket makes it more risky on your part, knowing bitcoin investment do not give immediate profits but will take long term hodling first before you will see significant profits taking place.

In fact, you might lose at first before you experience those massive profits in bitcoin, that is if you end up panic selling because you have fears that bitcoin price will drop even more when price correction is taking place temporarily in the market.

There is better value in BTC when its unpopular, chasing after its rises always seems a little dangerous to me though its more popular to do so.  I wouldnt jump in too soon after a peak but buying into a dull lower set of prices is fine when its mostly short term moves.


Here today BTC is matching into a pattern leading us downwards, still its not aggressive.  When we break this negative trend it should be noticeably very positive but the better value is before that obvious rise.

Once you have discovered the kind of bitcoin investor you're, then you will make use of the purchasing power at dip to buy, invest and hodl till the market pumps again, there are many things that should be considered the moment we realized that the market is on a particular phase or stage as some may as well call it circle, this is why it is very common that many buy the dip and hodl because the market will surely rise at any time.

This is a tough question. I think no one can tell exactly when we should start buying and also where should we start doing DCA. I myself started doing DCA at $65k and the DCA process is still ongoing for me but if it falls too low I will lose the amount I have and I will regret buying Bitcoin higher.

Looking at the current market situation it seems that the market will go down further and I have stopped doing DCA for a short time if the market goes down then I will start doing DCA again.

If the market goes above, it is also possible that we regret that we should have done something, so I have done a little bit and my advice is that you set a very small amount and start doing DCA. If the market goes down, you will have money to buy more and if the market goes up from here, you will not lose at all.

the issue with what you're saying is that you're looking at making a one time buy of Bitcoin at a price you're referring to as your expected DIP while it's certain that no one is sure if Bitcoin will ever go DIP further than it already is at this point and you've not also considered that for you to get good profit from buying at the DIP price, it has to be that the allocated amount you are buying with is actually much. If you buy now and then after a while it still goes more bearish, it's never a reason to regret your earlier buys, as long as it will still get bullish in the coming months or years, it's certainly putting you at a good profit. Instead of timing the market to look out for dips before buying Bitcoin, it's best that if the resource is available you can separate your funds into different segment so you can buy with some at this current price while still keeping others for iether a DIP price or an additional funds that's coming in to add to your portfolio.

waiting for more DIPs can't give you better results! It's only going to delay you and if in most cases before you finally wait till it gets to the point you would be comfortable to buy, you should have spent all the money away.
if you've not built a good stack of Bitcoin, then there is no point to slow down and if you're yet to start buying, it's even a better point to start buying. We've recently seen Bitcoin at $70k and $73k not long ago and that's certainly the first confidence that should tell you that buying at this current price isn't out of place at all.

No doubt, keep buy more bitcoin when downward moment but always left few percent of your assets or capital to buy back later when another downward of bitcoin price.
Recently bitcoin dropped under $59k and I believe many investor take good opportunity buy back many bitcoin after large correction price of bitcoin, but most of them not greedy by purchasing all capital for investing in bitcoin indeed at the great moment because believing one day later always have another downward moment for bitcoin price.

Learned from my mistake, just purchasing all my capital without left few percent loss good moment when bitcoin get large decreasing and potential earn much profitable when bitcoin return back to the higher price.
I have used difference way when purchasing bitcoin for next time downward moment and always keep left my capital around 30% to buy back if another dip price coming.

A question you should ask is... What exact DIP value do you expect Bitcoin to be before it could suit yourself to buy? Bear it in mind that the value of Bitcoin can never DIP up to a zero value again as at when it was newly introduced and on the fact that its volatility is not as the Alt and Meme Coins that DIPs until it looses total value to zero and goes dumped.

So considering when you made this thread is DIPPed enough for you to accumulate as much as you can afford and that seems the best time for you to buy since the price of Bitcoin can be unpredictable. So the price may bearish at anytime.

The fruitfulness of holding your Bitcoin as at now against the nearest future is that 2025 will be fertile of which we would experience new ATH.

And by Speculations, investors are targeting $120K plus at the bull-run and its ATH. So, the more you accumulates and holds now til 2025 will determine your income by then.

Not only new investors but many old investors even all the members of this forum are hopeful that Bitcoin price will rise and touch $100k dollars this year. However, with the recent DIPS we have seen in the Bitcoin market, it seems that it may take a lot longer for the price of Bitcoin to reach $100k.

OP you said it's better to wait for a bearish market to buy bitcoins yes that's right. But I'm thinking the other way around is what if the price of bitcoin recovers from here the way bitcoin has gone down? Maybe you will regret it. It is better to DCA continuously rather than waiting for the price of Bitcoin to drop further. We saw a down in the bitcoin market but today we see a bit of an up it even increased to $62k.

The answer is that the BUY IN STAGES is better.
Use the capital you have to start buying gradually, or you can say it as a DCA strategy,
this will give you the opportunity to buy earlier, or even you can buy even lower with a better accumulation of purchases.

Manage your capital for every purchase so you have a Fiat reserve when prices continue to reach DIPs.
I'm also starting to do it at the moment, so I've got quite a lot of assets that I hold on to for the long term.
A bear market like this is the best opportunity to start buying and collecting.

What are those expected dips you are talking about? You talk as though you or someone somewhere is in control of the price .

The least you can do now is to linger from buying at this you've met, cause bitcoin price could rise even as am writing this down. We are all speculating which is the more reason you have to buy when you can than waiting for a more dip.

I should remind you that nobody had thought bitcoin price will dip this much after hitting a new ATH before the halving. A testament that the market is truly unpredictable with any accuracy.

I am optimistic that 2025 is a moon year for bitcoin, 100k by then will be an understatement.