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Topic: Don't buy this dip yet! (Read 464 times)

full member
Activity: 1140
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March 28, 2021, 07:17:08 AM
#50
don't be afraid to buy bitcoin at the current price, because we have confirmed that Bitcoin will reach $ 100k this year, it looks a little greedy but during the bullish season that is what must be achieved, just buy at the next support if you are afraid, but so far everything is fine.
Well buying bitcoin is good idea but it depends on the buyer if they wanted to buy bitcoin on this short dip 55k$ is still big and i think its not totally dip it is still big and risky if we buy bitcoin this time, for me it is better to wait a big dip than buying bitcoin on this moment. Because there is still no assurance that bitcoin will reach 100k$ at the end of year 2021 all are only predictions
member
Activity: 669
Merit: 10
March 25, 2021, 06:44:59 PM
#49
don't be afraid to buy bitcoin at the current price, because we have confirmed that Bitcoin will reach $ 100k this year, it looks a little greedy but during the bullish season that is what must be achieved, just buy at the next support if you are afraid, but so far everything is fine.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
March 25, 2021, 11:48:45 AM
#48
In the long run whatever you do you will be satisfied.

I remember talking with friends about buying in 2018 and some bought and regretted it, some did not buy. In the end those who did not buy never could find the right time and price to do it. It was always too expensive for them. Those who had regrets but held, eventually got so much profit that they turned into permanent holders. When I asked them a few days ago if they're planning to sell what they bought in 2018 they said no Cheesy
That's sort of me, and I am quite happy about it. I didn't buy during 2018 I have to be honest, but in 2020 during early April when it was very low, I bought some and I assumed it would go to 13-14k prices when the halving happens and some time passes.

To be frank my goal was to reach 13-14k prices these days, so hold it for nearly a year and get a 2x return, that was my "hope". Now we are so high that I can't get too scared about any fall. Sure I would love it if bitcoin price could go to 100k, but that doesn't mean that I would be sad about the current price neither.

So long story short, we are doing fine for me, it is all about buying at the right time. I have a friend who is already very rich, he has millions of dollars, all made from early bitcoin investing but he got out a bit ago, and he kept buying bitcoin whenever it dropped more than 5% any day, he did that for years, and basically got so rich that dude got out with a lot of money but he already had some anyway, that is the power of being able to wait.
hero member
Activity: 2184
Merit: 531
March 25, 2021, 08:26:08 AM
#47
Given all the positive news about Bitcoin lately, I think you’d be wise to buy sooner rather than later. This Friday’s options expiry could very well be the last chance to buy before the next leg up. The important thing is to not buy using leverage and to not buy unless you’re going to hold until it hits your predetermined sell point.

In the long run whatever you do you will be satisfied.

I remember talking with friends about buying in 2018 and some bought and regretted it, some did not buy. In the end those who did not buy never could find the right time and price to do it. It was always too expensive for them. Those who had regrets but held, eventually got so much profit that they turned into permanent holders. When I asked them a few days ago if they're planning to sell what they bought in 2018 they said no Cheesy
full member
Activity: 1134
Merit: 105
March 25, 2021, 07:27:24 AM
#46
Why not? Every dip is a buying opportunity. Those "triangles" and other chart readings might not be always the same or what you think. Hence, just buy when you see a dip. It is going to be okay even if its a bad "buy" - you know, since you are going to invest only what you can afford to lose. That's the golden rule right?
If the dip was the last buying opportunity, people would start regretting a lot. What if the "$25k" you are expecting never happens? You would keep on waiting an event that is never going to occur and miss all opportunities.
I would like add that anytime is a buying opportunity, its just that dips are a good one because they can help you buy at lower prices and get more out of your money, I mean you will wait for a dip and no one will know that it is the until it has happened so the only way is to get in instead of waiting because the dip that you might've been waiting for never arrived and the prices just goes up continuously.

For long term, yes you can buy at any time and at any price because once bitcoin will reach 100,000$ it will not matter if you bought at 55K or 50K.

However, if you are a trader then these are good opportunities to accumulate the bitcoin at the dips. Smiley
legendary
Activity: 2050
Merit: 1184
Never selling
March 25, 2021, 07:18:39 AM
#45

I would like add that anytime is a buying opportunity, its just that dips are a good one because they can help you buy at lower prices and get more out of your money, I mean you will wait for a dip and no one will know that it is the until it has happened so the only way is to get in instead of waiting because the dip that you might've been waiting for never arrived and the prices just goes up continuously.

$52k is a good buying opportunity I and some of my friends have taken that opportunity, we have no regret it could go down further, or go up eventually tomorrow or the next day but we have high hopes that the 6 digit many experts are predicting are going to happen this year, it's part of this year's milestone, so buy with confidence when the price is dipping.

Not going to say those experts are wrong, but your time horizon should be longer then end of this year. BTC is about holding for multiple years, do that and you'll be wealthly beyond your dreams.
full member
Activity: 2324
Merit: 175
March 25, 2021, 06:47:58 AM
#44

I would like add that anytime is a buying opportunity, its just that dips are a good one because they can help you buy at lower prices and get more out of your money, I mean you will wait for a dip and no one will know that it is the until it has happened so the only way is to get in instead of waiting because the dip that you might've been waiting for never arrived and the prices just goes up continuously.

$52k is a good buying opportunity I and some of my friends have taken that opportunity, we have no regret it could go down further, or go up eventually tomorrow or the next day but we have high hopes that the 6 digit many experts are predicting are going to happen this year, it's part of this year's milestone, so buy with confidence when the price is dipping.
member
Activity: 211
Merit: 20
March 25, 2021, 06:35:29 AM
#43
As you all can see, markets have dumped very quick with BTC in a loss of around 6% because of the sudden dip. When we don't know why this happened, let's talk about the technicals and see which area could be the best for BTC to be bought.

It's creating a triangle in 4H but that's not looking in the favor of BTC and could bring it to its major support at around $52k. But hodl your breath, it's not over yet. If it's broken down, there will be more opportunities for shorts to pull it down between $47k and $43k and if it doesn't hold there too, the dump will further take the price to eat the liquidity near $36k after which it'll begin its run again.

I am looking at this bulls area for BTCUSD right here, and will take buys if the current H4 closes outside the bulls area, having stopps somewhere below it. Next thing then, is to accumulate more buys on the M30 TF, to maximize possible gains if there are any decent entries.



This time, BTCUSD punched me in the face really hard. Just like that PAAAM!
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
March 25, 2021, 05:51:17 AM
#42
Given all the positive news about Bitcoin lately, I think you’d be wise to buy sooner rather than later. This Friday’s options expiry could very well be the last chance to buy before the next leg up. The important thing is to not buy using leverage and to not buy unless you’re going to hold until it hits your predetermined sell point.
legendary
Activity: 3234
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March 25, 2021, 05:37:14 AM
#41
Can we see Bitcoin at $40k?
Can we see Bitcoin at $30k?
Or we will never see Bitcoin under $50k again... ?! Help me with this, I am thinking for some time as I said, and still I am not sure about anything... to be honest!

If you haven’t learned by now that Bitcoin is extremely volatile, maybe it’s time to realize that now so some things will become clearer to you. We all remember what happened a little over a year ago, so if we accept that corrections of as much as 50% are happening, then the answer to your question is in the next sentence.

Bitcoin below $50k is something that is quite possible, there is no doubt about it - and as far as lower values are concerned, it is possible if some big correction happens, so I believe that we should be ready for everything.

However, this is an extremely bullish year and I personally do not expect any major correction, the trend is still positive despite the fact that some do not understand how the market works - the price can not constantly go up.
hero member
Activity: 1344
Merit: 540
March 25, 2021, 04:40:00 AM
#40
As you all can see, markets have dumped very quick with BTC in a loss of around 6% because of the sudden dip. When we don't know why this happened, let's talk about the technicals and see which area could be the best for BTC to be bought.

It's creating a triangle in 4H but that's not looking in the favor of BTC and could bring it to its major support at around $52k. But hodl your breath, it's not over yet. If it's broken down, there will be more opportunities for shorts to pull it down between $47k and $43k and if it doesn't hold there too, the dump will further take the price to eat the liquidity near $36k after which it'll begin its run again.
We are still in the $52'ish, we don't know if this is going to hold or will go down as predicted to the $40k level. So let's see, this bitcoin future expiration is already the culprit for this massive sell, in my opinion. But in the next 24 hours, they will be liquidated so I don't see the price going as well as $43k-$47k in my opinion.
legendary
Activity: 2674
Merit: 1226
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March 25, 2021, 04:36:29 AM
#39
I would like add that anytime is a buying opportunity, its just that dips are a good one because they can help you buy at lower prices and get more out of your money, I mean you will wait for a dip and no one will know that it is the until it has happened so the only way is to get in instead of waiting because the dip that you might've been waiting for never arrived and the prices just goes up continuously.

There's just a difference of method. What you're referring to is dollar cost average which is really popular because there is no stress or complications of buying at certain price. You simply keep buying at whichever price and it all works out well on the average.

But some people trade so they sell at highs and buy at lows to keep multiplying at optimal rates.

Not for everyone for sure.
full member
Activity: 868
Merit: 150
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March 25, 2021, 01:02:10 AM
#38
Why not? Every dip is a buying opportunity. Those "triangles" and other chart readings might not be always the same or what you think. Hence, just buy when you see a dip. It is going to be okay even if its a bad "buy" - you know, since you are going to invest only what you can afford to lose. That's the golden rule right?
If the dip was the last buying opportunity, people would start regretting a lot. What if the "$25k" you are expecting never happens? You would keep on waiting an event that is never going to occur and miss all opportunities.
I would like add that anytime is a buying opportunity, its just that dips are a good one because they can help you buy at lower prices and get more out of your money, I mean you will wait for a dip and no one will know that it is the until it has happened so the only way is to get in instead of waiting because the dip that you might've been waiting for never arrived and the prices just goes up continuously.
hero member
Activity: 2870
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Vave.com - Crypto Casino
March 25, 2021, 12:54:58 AM
#37
Let it happen like that, and I am sure we are ready for that time, although we do not know when that will come or it will not happen in the next weeks.
But this situation still good to trade and make a small profit, but we really need to be careful to decide.
This situation seems too scary to enter the market, but you will find a good time to buy low and sell high if you can analyze the market.
Do not force yourself to make a big profit if the situation is not good, and I prefer to take a small profit constantly.
Trading can be done at any price at any moment. You trade based on what it will go up and down to at that day and that's it, you could make a profit when it is going down, or you could make a profit when it is going up. There is nothing that will keep you from profiting if you are careful, all depends on your trading talent. Of course the only thing that will be a bit difficult is the fact that investing will get more difficult, we are in a world where if everyone starts investing right now, we will profit because when everyone invests we profit from that, however if you invest and others get out that means we are going to end up losing money.

Some people are scared of exactly that, what if I invest right now and everything goes down afterwards? It is already so high, what if it starts to go down now? That is what people are afraid of, I am not but I do understand those people.
That is why we need to learn about risk management to prevent the loss in trading or investment.
Many people do not learn much about that because they think that what they did before is enough for them, and they only need to wait for the market to move.
It could be done if the market moves up every day, but we can not expect the market to be like that since many traders also want to profit.
And now, we already see the market is at the dip from yesterday, so we might have a chance to buy this dip and hold it for a while to sell at a high price because this dip will not stay forever.
The uptrend will come back again and give us a chance to sell at a high price and make a profit.
full member
Activity: 1119
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March 24, 2021, 06:27:43 PM
#36
As you all can see, markets have dumped very quick with BTC in a loss of around 6% because of the sudden dip. When we don't know why this happened, let's talk about the technicals and see which area could be the best for BTC to be bought.

It's creating a triangle in 4H but that's not looking in the favor of BTC and could bring it to its major support at around $52k. But hodl your breath, it's not over yet. If it's broken down, there will be more opportunities for shorts to pull it down between $47k and $43k and if it doesn't hold there too, the dump will further take the price to eat the liquidity near $36k after which it'll begin its run again.
Your analysis is 50:50, so what happens if the price starts to grow? You will miss the good price.
I have a family that bought Bitcoin almost at peak price in 2017 after dumped massively I just suggest to her to not sell it and now, she got a dip price even though he bought it at peak price. Focus on the long term, Bitcoin is long term asset. Stop always think dip price

Everyone must have their own analysis, I also have my own analysis. Because I don't think Bitcoin will drop below $ 52k anytime soon.
Can we see Bitcoin at $40k?

Can we see Bitcoin at $30k?

Or we will never see Bitcoin under $50k again... ?! Help me with this, I am thinking for some time as I said, and still I am not sure about anything... to be honest!
Check out my post above
legendary
Activity: 3248
Merit: 1179
March 24, 2021, 03:56:49 PM
#35
Everyone must have their own analysis, I also have my own analysis. Because I don't think Bitcoin will drop below $ 52k anytime soon.

I like this part... Indeed each of us have some opinion, based on some analysis (good or bad, not matter here), and you think it will not drop below $52k anytime soon... I respect that prediction, but I wonder what you think will it go under $52k ever again?!

So it's something that's on my mind for some time already... what Bitcoin price we will never see again!?

Can we see Bitcoin at $40k?

Can we see Bitcoin at $30k?

Or we will never see Bitcoin under $50k again... ?! Help me with this, I am thinking for some time as I said, and still I am not sure about anything... to be honest!
sr. member
Activity: 1666
Merit: 268
March 24, 2021, 03:29:21 PM
#34
Everyone must have their own analysis, I also have my own analysis. Because I don't think Bitcoin will drop below $ 52k anytime soon.
That's why I bought Bitcoin at $ 54k, and if it turns out that Bitcoin ends up dropping below $ 52k in price, i will not regret it.
Because as long as we buy Bitcoin with the money that we can afford to lose, there will be no problem buying Bitcoin at any price.
I hope Bitcoin can return to $ 60k soon this week, although the chances of Bitcoin going up to $ 60k are pretty small in my analysis.
hero member
Activity: 3066
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Vave.com - Crypto Casino
March 24, 2021, 02:13:48 PM
#33
If somebody has bought on $53k, he's in profit already. But OP is telling a fact that there could be a more pullback for the price before it finally recovers.
But so far, the price seems to be stable and it's like that we're going to see bitcoin recover and goes back near to $60k soon.

Trust me, if you want to see a good altcoin season, then it's necessary for BTC to either stabilize or get a good correction in order to get its dominance level settled down which is actually stopping major alts making a move. BTC can only be stabilized once it reaches a level that's suitable for everyone so no huge buys/sells will be there and no such 5-10% moves which will give boost to the prices of some good projects which have already done 10-50x but didn't hold there and dropped down under 50-80%.
As much as I want to see that season but bitcoin isn't reacting from that expectation. I've seen btc's dominance has dropped to 59% but later it has been back to 60%.
And although it has recovered a bit, I think we're about to see the next wave for correction.
sr. member
Activity: 2660
Merit: 339
March 24, 2021, 12:37:17 PM
#32
Let it happen like that, and I am sure we are ready for that time, although we do not know when that will come or it will not happen in the next weeks.
But this situation still good to trade and make a small profit, but we really need to be careful to decide.
This situation seems too scary to enter the market, but you will find a good time to buy low and sell high if you can analyze the market.
Do not force yourself to make a big profit if the situation is not good, and I prefer to take a small profit constantly.
Trading can be done at any price at any moment. You trade based on what it will go up and down to at that day and that's it, you could make a profit when it is going down, or you could make a profit when it is going up. There is nothing that will keep you from profiting if you are careful, all depends on your trading talent. Of course the only thing that will be a bit difficult is the fact that investing will get more difficult, we are in a world where if everyone starts investing right now, we will profit because when everyone invests we profit from that, however if you invest and others get out that means we are going to end up losing money.

Some people are scared of exactly that, what if I invest right now and everything goes down afterwards? It is already so high, what if it starts to go down now? That is what people are afraid of, I am not but I do understand those people.
legendary
Activity: 2674
Merit: 1226
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March 24, 2021, 10:04:57 AM
#31
Bitcoin prices are below $ 55k now, for me this is a good opportunity to buy gradually at this level,
^ If OP bought BTC at this level price, OP will probably have now a profit of at least 2% from the initial capital.
I know that after a short pullback there is a resistance, BTC will not down beyond $50k. It will not down straight as I have noticed with the price movement in the market. Nevertheless, that is my personal assumption, it will also change in a different direction.
However, it is very hard to know when is actually a dip in the price, just buy BTC and wait until 5 years, guarantee there is a new ATH.

Never say guarantee, but ya by the way we're looking at things I cannot see why we can't push for new ATHs in the next five to ten years.

Crazy to think 1% at this price level is $500++. Soon (or not soon, whenever) when we're in 6-digit territory, we'll be talking about fractions of a percentage when 1% is an entire grand.

What exciting times we live in and what exciting times we have to look forward to already!
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