Topic: Buy the dip people!!! Could be last chance for prices this low (Read 832 times)

I'm not sure about your statement, there are some scenarios where bitcoin could have a massive drop in the price. What if the Winklevoss twins decide to sell their bitcoins, for sure that would drop the price on a huge scale, and not only the Winklevoss twins can do that, there are some other whales who can do the same. Imagine Satoshi Nakamoto comes back and decides to sell his 1 million Bitcoin, which could send the price under $10k.

So, there are some scenarios where bitcoin could hardly crash.

We arent that still too far off after the halving event on which if we do base up on the history then the extreme dump that we had been able to experience way back is something that much more deeper with that 63k dip but well everything is really that still speculative on which there's no way that we could really be able to tell that there would really be a similar situation on which we could be able to see in the current
market cycle that we are seeing. We might or might not be able to see those dips again or there might be even more ahead. We do know that this market is really that a roller coaster ride on which it would be
just that normal that there would really be those kind of approach on which you would be connecting on what happened in the past will be happening in the future on which its a common impression
and you cant blame out people on not to have those kind of references and tending to do and wait up for the same thing.

I think the data by now you should have known that bitcoin price is not suitable indecence that the price come increase today and within a next 2 minutes the price will also decreases that has been a network of Bitcoin right from the day one bitcoin has been introduced or launched far back 2009 so bitcoin price is something I do tell people not to predict because the prediction is unsuitable and the prediction is unpredictable value of bitcoin decreasing from the point your mentioned to another point that is to show you how powerful is the market sometimes when some people is making speculation that price for bitcoin will hit 100,000 before end of this year you don't need to argue them when you have known the systematic way of Bitcoin approach because it is obvious the price of Bitcoin decreases and also increases based on 80428 and value.

it is obvious that some persons doesn't like to utilize the opportunity or Bitcoin when the opportunity comes because when looking at it you can see that the price of Bitcoin increase and later the price of Bitcoin decreases so any opportunity Bitcoin has given you try to utilize it if you are a good investor but you should not be curious to invest in Bitcoin when you have not carry out your proper research because sometimes you may invest in Bitcoin thinking that the price of Bitcoin will be increasing and you are going to make a profit at that moment probably the price of Bitcoin mighty disappoint you based on the market determinant.

at this point in time I believe that if you want to invest in Bitcoin you should know the actual time and the price Bitcoin will you find itself before you invest in Bitcoin sometimes we don't like to invest in Bitcoin when the price is going high and good investors like to invest in Bitcoin when the price is getting low so for now we have experienced a lot of increment in Bitcoin so there is no way bitcoin will a decrease to 16,000 in value.

If you miss this $63k to buy BTC, I guess the price will still dump more than this in this season before the bull run will take place in the market because there are some researchers that came out early this year to advise people not to rush to buy BTC in this season.

Based on the condition of the market price right now, show that the price will still dump like last two years, but it will not dump below $20k this year before the price will begin to pump to make people feel comfortable with their hodling until it hit $100k before people can start selling to make profits.

Just be patience with the market price, the price will dump to your level where you can used big money to buy BTC and hodl for long before you can sell.

Buying the dips is a strategic way of buying Bitcoin, however, it is not for everyone because it requires knowledge and experience from someone to be able to do that accurately and effectively. If someone knows they can't do it, it is better for them to simply do DCA and buy with a specific amount after a certain period which is what you suggested.

There is no doubt that the price of Bitcoin tends to grow higher over time, but if someone can analyse the market and track its movements, they might be able to get more volume for less value which is a great thing because it can maximize one's profits in the long run if they buy and hold their assets long enough.

more precisely the last time to buy before the halving. You can see that now the price of Bitcoin has risen again and is back above $70k, and it's possible that yesterday's price drop was the last chance to buy before the halving. but I will not talk about the next 18-24 months or beyond because after the halving ends and enters a bearish phase the price of bitcoin has the potential to fall below the current price.

The point isn't to ONLY buy on dips. The point is to BUY ON THE DIPS. Dips literally mean the price is lower than it was. Anyone who gets scared of dips and stops buying during dips or even sells during dips is only hurting themselves "a lack of vision". Since we are heading into a bull market the dip (that seems to be finishing up now since price is back to $70k) is likely the lowest price we'll see until bottom of the next bear market. It'd be a pretty bad strategy to not take advantage of it.

Hope you bought the dip!

Well I think someone has already said something similar to this, but here's the thought.
You shouldn't wait for dips to buy Bitcoin. It isn't a rule. If you're serious about acquiring Bitcoin, you'll buy whenever, now Bitcoin whales are still on it doing their 'whaling'. There's the DCA method for those who can't purchase units of btc (1btc, 2 btc .. )
Waiting for dips alone to purchase btc, in my opinion is not taking it seriously, a waste of time and lack of vision. If you're enthusiastic enough, dips won't be your only motivation to accumulate bitcoins, because there are those buying even beyond the dips.
There is a limited supply of bitcoins that can ever exist, with a total cap of 21 million. Currently, around 19 million bitcoins have been mined and are in circulation, leaving approximately 2 million left to be mined.
With that information in mind, it's to your own detriment if you are only waiting for dips to buy while whales are at it with thousands.
Buy Bitcoin now, even at the current rate, and during dips,buy more

I would not say that this is the last chance to buy Bitcoin because Bitcoin is a volatile cryptocurrency that can rise and fall in price at any time. But if I evaluate my prospects for the future, it is also worth buying from the current price. None of us can predict the future, but looking at Bitcoin's history can give us an idea. For those waiting for a dip in Bitcoin, it may be difficult to get a dip as predicted. If Bitcoin reaches this $69k to $100k target then those looking for dips will have nothing to do but watch. Moreover, not everyone will get the opportunity to buy from Deep. Those who are lucky might get it. But those who believe in Bitcoin must try to exploit every dip. Just as those who missed the opportunity when Bitcoin was 3K will regret it, those who refrained from buying Bitcoin at current prices will regret it for a while.

Dang nice grab right near the bottom!

I managed to do ten tiny 0.0025 btc buys during this dip for .025 total, with my lowest couple of buys right at $63k. Would have loved to buy a ton more this dip but could only reasonably use a couple thousand dollars right now. This dip was likely the last chance to buy at prices that won't be much higher than the next bear market bottom. Was the perfect time to buy on a solid correction just as the bull market is starting.

Bitcoin has gone up $2000 in the past 30 minutes. Maybe there is some news I haven't seen yet?? But almost back to $70k now. Could be that this correction is ending soon. Like I said in my opening message, the past 10 days have been some of the lowest prices we'll ever see from here on out (perhaps only getting back down that low for a few months next bear market). Past 10 days have been a fantastic time to buy. I made a bunch of small DCA purchases during the dip. Hope you all took my advice and did the same! It won't be very long until everyone is wishing they could have bought as low as the $60,000s.

What you say is very correct, of course each person has a different plan in collecting their Bitcoins and when a price correction occurs of course this is very possible and there are some people who sell because of their needs and there are also those who take advantage of this situation to collect more than usual because prices are decreasing.

Those who take advantage of this opportunity to collect Bitcoin will of course be able to enjoy profits when the price increases later, we can choose to take advantage of this decrease to collect more Bitcoin which will be very useful for our future and we don't have to think about what other people think. say with the capital we use to buy Bitcoin.

Everyone who continues to plan on something and continues to collect Bitcoins on their own when there is a price correction is quite common. Because each of us does it with our own capital so obviously there is no need to hear more about what other people say even though there are so many predictions that have been said now. However, the current price is certainly slightly lower than the highest price achieved this month so it wouldn't be wrong if everyone wanted to continue accumulating from now on Bitcoin.

When it comes to decline then here's possible things that might happen behind;

1. ETF sell off
2. Whales sell off
3. Negative news/fundamentals
4. Random/Ordinary day drops
5. Cycle patterns/Technical approach

This is why it would really be that so hard for us to tell on whats the real reason on why we are really that experiencing drops and this is where our assumptions would really be
basing up into the experiences that we do have in the past on which it is hard to tell on whats the actual reason. Price drops could happen anytime
and this is why it would really be that important that you should have reserved fund or USDT for you to be able to get or buy into those dips
on which it would be best for you to get in to maximize profitability.

Yes, because the prospect of Bitcoin prices is still far from its peak, but I dont agree if you say this is the last opportunity to buy Bitcoin at the current price.
I think the price of Bitcoin will fluctuate drastically this year, it is unlikely that all big whales or Institutionals will miss the opportunity to take short term profits after the halving.
The level of confidence in Bitcoin is getting higher, so even if whales/institutional sell some of their holdings, they will buy it back to aim another short term profits or filling their bags for a long term investment.

Buy, without a doubt, but do it with care because if the market tends to be more volatile during these times, the volatility can drag it in any direction and it isn't guaranteed to just go up from that. The dip can always get extended if there is a major sell-off from both retail and industrial investors because one would surely think of taking profit if they see the market declining to a point where their profits will reduce by a lot.

So those who are buying the dip should make sure that they are not investing all their liquid assets in one go because that can be a mistake in case the price of Bitcoin goes lower than the expected areas and then there would be nothing left to buy more because lower means more assets for the same price.

We all know that yesterday's decline was caused by the ETF market selling a lot of Bitcoin. We are also aware that the investors in the ETF are relatively new to bitcoin and even the transition from investing in the stock market. so they still don't know how volatile the crypto market is compared to the stock market. when they see the narrative that bitcoin is bad and the price has dropped quite far, they still don't know what really happened. so many sell the bitcoins they already have. Moreover, this is still in the bitcoin halving session which will soon occur. So yesterday's price drop was just a bit of shock therapy before Bitcoin printed its latest ATH again.

Exactly, bitcoin is unpredictable, so how can we say that the most recent correction was the last time we bought bitcoin at a lower price? I even believe that after the halving, we will have other halvings and we will have plenty of time to accumulate bitcoin before the bull season comes. But predictions are just predictions, there is no guarantee that what we predict will definitely happen. So I agree with you that we should accumulate bitcoins according to our ability and follow our plans, we should not listen to anyone because neither they nor we know what the future will bring.

I grabbed 0.05 at 61-62k

I have some more set in case we retreat more.

It's such a shame that most people are actually fidgeting and selling their holdings cause of fear or panic from loses than to take advantage of this deep and add more to their holdings, I personally feel those that sell might end up buying higher cause right now bitcoin is beginning to gain and surely they might not buy now that we have a Dip or rather they might be waiting for a much lower dip like maybe 59k, but this is sure the lowest the market can go and its better they buy now than wait even further.