Topic: Buy the dip people!!! Could be last chance for prices this low - page 4. (Read 868 times)

With the current movement of bitcoin, if you own some, keep them and don't panic about selling during the correction. If you haven't had a chance to buy some yet, now is the time. You enter the market during a downtrend rather than an uptrend. The best opportunities are now; tomorrow may not be too late, but it may be too late to make a significant profit given the entry time. Those who have been using the DCA method will see this as another good opportunity to buy more bitcoin and achieve an average entry price for all of their bitcoin holdings. While the market may appear to be too late to invest, but based on the projected price of bitcoin, it is still early to ape into the market now.

The honorable miner patron of bitcointalk, always the one with the most practical and straightforward advice..Have missed these for the times i have been away from the forum.

I like that strategy and the concept. But yeah, DCA'ing is the way to go with bulk buys as per your capacity. Doing it with ladder buy and sells would be the idea thing. What i think is that with the advent of the bigger players, Bitcoin pricing will now be driven a lot by the fundamentals regarding legislation, perception etc. Those are the real signals now. The time of retail investors running the price up is possibly over now.

So what's target price to buy? And target price to Sell ? Or you only buy and hold?

However we can not against market, we only can do risk management.  When you told "seize opportunity and prepare for a potential increase" you should make a same term for loss.

Once I saw a post asking why people still invest in Bitcoins even at high prices and this post OP made above is the major reason people buy at any price available. The fear of losing out can make you buy when you are not supposed to buy. I personally don't think $66k is dip enough. Bitcoin price is something we can never predict. I know  even if we buy at $68k there are still high chances that people will still make profits since we are still expecting the bullrun. But rather than invest a huge sum of money in Bitcoins now, it is better to buy in bits while still observing the price movement. This is one way we can reduce our risks and still avoid missing out in everything.

I remember buying 1 btc at 400 and selling it for 790 around 2-3 hours later

Might be the lowest that it gets? You might be right, but you might be wrong as well. After all, we are all just predicting.
I believe that there is a chance that Bitcoin might even go lower than $66,000 after the Bitcoin halving a few weeks from now.

It's only my prediction but that's what happens on the last Bitcoin halving event, and the event before. A bit of a correction before it goes up. I will agree with you though that this correction is another opportunity for us to buy Bitcoin at a lower price. So much so that I bought some already when it was I think at the $67,000 price. Anyway, I also kept some USDT just in case Bitcoin really goes down even more after the halving event.

It's good to see Bitcoin making some correction after that unexpected rise in price. TBH, I'm a bit surprised with that rise because I can't think of any reason as to why it happened aside from the fact that investors are greedy at that time thus, they are buying Bitcoin, making it's price go up. For me, every dip = opportunity so always take advantage of it.

You're correct, it appears this might be our last chance to purchase bitcoin at such a low price. We should seize this opportunity and prepare for a potential increase.

Every dip of bitcoin is an opportunity to buy more bitcoin and procrastinating about it might be the last opportunity to buy at that very amount.  Some people are worried about the current price of bitcoin,  if it is good to buy bitcoin by this time. This is still a good time to buy bitcoin, after this time the price of bitcoin might increase more than what it is right now and one will just miss the opportunity of buying low. It is important never to loose your chance buying bitcoin.

Oh yeah I'm not saying it won't go lower. Obviously no way to know that, it could easily go under $60k in the next week or go over $75k. I'm saying the days of it being this low, or possibly lower, are extremely limited. Sub-$70k prices will be gone soon and may be back in like 18-24 months during the next bear market bottom but that's it.

Anyone looking to get in at low prices should be buying now. At most we probably have days or weeks at prices around $70k left before prices go higher, and then we may get a few months at these prices again at the bottom of the next bear market, though at that point most people will be too afraid to buy at these prices because people are always afraid to buy at low prices.



I just started buying Bitcoin again a week or so ago. I'm DCA'ing sorta, just buying small amounts whenever I feel like it before prices go above what I figure the next bear market will bottom at. Already picked up two small buys in the $67,000s yesterday, and a few others the past week. It just dropped back down to $67,000s so time for another small DCA buy. If it goes lower in the coming days I'll do a few more small buys. During these next few weeks or couple months and during next bear market I'm hoping to DCA a few dozen times at least in the $60,000s and $70,000s before those sorts of prices are gone forever. I already have a bunch of bitcoin from last decade, but my goal now is to over the years accumulate 1.00 more BTC doing little 0.0025 BTC buys (which I'm calling a Bitcoin-Person unit of bitcoin, cuz of the thread recently on here that showed how much bitcoin is available for every person on earth and its about 0.0025 btc, so every buy I do I'm accumulating the average amount a person could own if bitcoin were evenly distributed   so every time I buy I'm like I just bought an entire person's worth of bitcoin haha!). 8 BTC-Persons out of 400 DCA buys now to get to that 1.00 goal.

We can never accurately predict the price of Bitcoin. Yesterday Bitcoin price was $65k today again around $69k. Now the price of bitcoin can go down more or the price of bitcoin can go up a lot. So it is best that you invest in DCA method instead of waiting for Bitcoin price to fall. You can buy bitcoins at more or less average prices if you invest in the DCA method. No matter what price you buy Bitcoin at, you can definitely make a profit if you can hold it patiently for a long time. I don't wait for Bitcoin price to drop, I prefer to invest with DCA method.

I expect that we will have more sideways in the market because the institutions want to have more of them before the final flight for this bull run and before that happens, be sure that everyone of us has their own positions prepared if that happens. Right now, it is giving that vibe that we're having the correction and this is another trajectory of the market before it recovers again with the losses that it has taken.

I feel bad for those people that are still believing that we'd see a total low on this cycle. It's hard to imagine that we'd get that and even those that might think that under $20k is possible, I am not so sure if we'd still able to see that. We will have a correction but not coming to that point anymore IMO.

We really cannot be sure if this will be the last opportunity to buy at $69,000, as this very cycle has shown us that price behaviour can be far from the regularities we expect based on how the price has behaved in previous cycles. However, if we have a long term view it is a good time to buy, as in the future many people will dream that they would have been able to buy at this price.

With the halving acting as a key tool to earn a good profit from bitcoin investment many investors are moving forward to buy bitcoin. It is never a right decision to hold and sell as soon as the price rises to a high price and then goes down. It is a very popular cryptocurrency. Bitcoin has dominated the crypto market. Best Cryptocurrencies where investing has the potential to get good returns may be better by the end of 2024.

I noticed some correction in Bitcoin yesterday, many people may be interested to invest in Bitcoin again. It is very difficult to predict whether Bitcoin will go further down or up from the current price centered around the halving. I think using the DAC strategy from the current market price is a better way than worrying about whether Bitcoin will continue to dump or pump. I hope  it's not good to miss the current opportunities, Bitcoin will be halved in the next month, from now If anyone follow the DAC method, if apply DCA during the investment weekend you  will have better returns during the bull run at the end of the year.

For a long time we have seen the market rise in stages, when the market goes from one stage to a better stage, we think that maybe the market will return to its previous level again and wait for it to return to the previous level again. When the market does not return to its previous level and goes back to its better level, we feel that we should have invested from the previous level. Those who invested without thinking so much while the market was running must have now achieved the highest investment profits but those who thought like this and waited for the market to come down relatively may still have that thought. The market is currently dumping a bit now we can invest if we want and wait for a long time hoping the results don't go against us.

The bitcoin market always goes through unstable and unexpected situations. And that's why I don't think that the depth of 68K is very high. We can still see more dives. The market may go down further. Because it is a dynamic market that is never controlled by anyone. However, this is a very good opportunity for those who have waited for the correction before entering the market for so long. It may be that before the bull is running, it will see it lower for the last time. So they should seize this opportunity.
Also, this is a great opportunity for those who are using DCA. They now have a good time to add Bitcoin to their portfolio.

Or it might start crashing more and more like the last bull run. People will buy now, tomorrow it crashes further and then they will end up regretting. They have to either hold it for years or sell it at a loss. You can't predict the market, so you can't say for sure that this is the last chance to buy low. Markets are very volatile right now. Best is to only invest what you can afford to lose and the money you won't be needing anytime soon (or for years). Remember, there are still people that bought bitcoin when it reached the lower $16k and are still waiting to sell it. And then there were people that bought the coins during the last all time high, and has been holding for years. They are also waiting for selling it which might cause the market to go down further.

This is the kind of post i wanted to read yesterday as I once again doubt the capacity of bitcoin to break 75k , but seeing it grows now and climbing back to70k, I felt relieved and for you OP , you are one true Bitcoin Hodler/Supporter.
well , it is what it is.

Bitcoin now is increasing and doing a best performance from that Big correction as I believe almost 7k$ drop in 24 hrs , alarming but worth trusting.

Goodluck to everyone and may we all not expect fomo. I believe fomo ruins just about everything. Don’t wait too long for it go that low if you can already afford to buy it then just buy it. These are important times that will shape our future so think wisely and make decisions properly

While this could be another opportunity to invest, but we aren’t really sure enough if the price will stop from here. This might only take a day or two and we’re back again to bitcoin price at peak. But buying at this price offers a good opportunity to rebuy again and continue to DCA regardless of the price. So buy if you can, but never force yourself if you don’t have the funds to buy.

Price correction is always expected anyway. But predicting as to how far the price will drop, that is beyond our control, that even big whales won’t be able to predict it correctly. But they can always create a big factor so that bitcoin price will crash and eventually witness the people entering the market again for a temporary price dip.