Topic: Don't wait for the bottom without buying in the Dip. (Read 1076 times)

Maybe this is just my own clap of hand to seek a small attention from every Bitcoin Investor, precisely for new Bitcoin Investor because I know that most the experienced investors already knows better than I do, I guess so. Not to say more or less, I just know that this concerns us all.

I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.

I know one day I will look at my portfolio and I will be happy for Investing in Bitcoin.

Like I said that this is just a clap of hands to call our attention because I know it concerns us that we need to buy the dip, even if we are waiting for the bottom, but you can still buy the dip and keep it in your portfolio, because Bitcoin price just don't fall in the hands of any man or authority to control. you can be waiting for the bottom and the price of Bitcoin will just begine to go bullish again.

My reason for saying  buy the DIP while waiting for the bottom.

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.
B: Because you will still make profit if you buy the dip
C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.
D: If you are holding for a long term, you don't need to be scared of buying the dip.

thank you for reading my topic.

you can not predict the bitcoin price even people who cashed out during the last bull run never expected it and no one expected bitcoin at this price either, I see a lot of speculation about the price of bitcoin, some are predicting it to hit a 100k, and from peoples comment a lot of people did not expect much from bitcoin this season, I don't think the price of bitcoin will go above 30k this year you see it going up and the next thing you see the candle stick coming down. next year it might get better and the improvement might be crazy.

you can not predict the bitcoin price even people who cashed out during the last bull run never expected it and no one expected bitcoin at this price either, I see a lot of speculation about the price of bitcoin, some are predicting it to hit a 100k, and from peoples comment a lot of people did not expect much from bitcoin this season, I don't think the price of bitcoin will go above 30k this year you see it going up and the next thing you see the candle stick coming down. next year it might get better and the improvement might be crazy.

Bitcoin price remained below expectations, but there is always the possibility that Bitcoin will rise quickly. It is necessary to follow the market. Sometimes there may be an instantaneous movement according to the news, but this movement in price is not permanent. There is a possibility that there will be a small movement at the end of this year, but if this movement occurs, I do not think it will be permanent.

Every investor has a price set for the purchase. That's why every investor determines his own bottom price. I think it is a mistake to expect to buy Bitcoin from the bottom. Because it is very difficult to achieve this. If the Bitcoin price rises while you are waiting for the bottom price, you will miss the price you expected.

I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.



Like I said that this is just a clap of hands to call our attention because I know it concerns us that we need to buy the dip, even if we are waiting for the bottom, but you can still buy the dip and keep it in your portfolio, because Bitcoin price just don't fall in the hands of any man or authority to control. you can be waiting for the bottom and the price of Bitcoin will just begine to go bullish again.

The market did not grow as we expected. We expected the Bitcoin market to be between $50K and $60K in mid 2023 to late 2023 but so far the market is under $30K. We have already crossed the middle period of 2023. Now we are at the end of 2023. The time left to the end of 2023 is that the market will grow a lot only then our expectations will be fulfilled. Looking at the market movement, it seems that the market may move to a good position very slowly. If the market slowly moves higher then we will have to wait some more time for the market to reach $40K to $50K. If we wait we will surely get something good.

First in order to not be affected by the bearish situation, one must have a good knowledge about the Bitcoin market.  With the knowledge of the history of Bitcoin price, people will know that Bitcoin has the ability to recover thus, holders will keep on holding and newcomers with the bitcoin market knowledge will not succumb to FUD.  Instead, they wil buy every dip so that they can have a better profit when the Bitcoin market recovers.

Well obviously you are right, one experienced Bitcoiner hanging out in Bitcointalk forums can guess exact dip levels to maximize their gains. But it will always be risky. As you say, one can lose money but with OP's method, buying at different dip levels will minimize your losses for sure. In the end it's all about making your overall cost lower. Exact dip may be 20k but buying around 23k with %5-10 of your money will never hurt your wallet. If it goes down more you can keep accumulating.

While I agree that only one can never precisely guess where the bottom will be, one can guess when the dip or pump is coming to an end. And if one knows this, one also knows that anything that goes up must come down. And the reverse is also true. Buying at what you consider to be the bottom can be a good strategy, if you have the necessary experience and self-discipline. Although personally, I divide my money up and buy at each bottom. That way you gain some of the advantages of a good DCA strategy and divide up your risks.

It has worked for me quite well. Although I cannot say that it will work forever. At some point even I could take a miss-step and lose money.

Do what feels most comfortable to you. I am not here to advise on trading strategies or financials.

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.

B: Because you will still make profit if you buy the dip

C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.

The market movement of crypto is always sudden but sudden decision are forbidden during such situations. The main cause is supply and demand which is regularly changing based on news so whenever more people wish to accept crypto then market will boost otherwise it will remain lower and desire of people is depened on the news.

The Bull run is not so longer as that of bearish one so as more you wait more you will be profitable because success takes time. Instead of crying during bear market it is necessary to wait for the better movement of market because with crying neither you can avoid loss nor you can get profit but with patience you can control your emotions so avoid crying and accepting patience if you want victory.

The market movement of crypto is always sudden but sudden decision are forbidden during such situations. The main cause is supply and demand which is regularly changing based on news so whenever more people wish to accept crypto then market will boost otherwise it will remain lower and desire of people is depened on the news.
 
The Bull run is not so longer as that of bearish one so as more you wait more you will be profitable because success takes time. Instead of crying during bear market it is necessary to wait for the better movement of market because with crying neither you can avoid loss nor you can get profit but with patience you can control your emotions so avoid crying and accepting patience if you want victory.

Market's price is really unpredictable so there's no assurance when is the best time to buy and sell, but people could conclude some outcome by the sudden movement of the market's value it's either it has been affected by the following: trends, news, and any updates. In short, you'll need to have another plan incase your technique and strategies did not meet your expectation. DCA is literally the best and safest way in especially in bearist cause you'll have options such as selling and holding you'll just need to wait for the right time.

I do recommend people to purchase BTC as soon as they discovered its existence.

From basing it purely on its price history index, the trend of its price is increasing. Even if there are occasional dips, the trend still remains upwards due to its inflationary nature. Given that the fork is coming, it is highly recommended for everyone to stock BTCs in order to take advantage of its sudden price increase on the future.

Though this may be the case, always consider your investments as something that should be protected. Even if this is the case for BTCs, investments are not "magic" that can give you a guaranteed profit.

September usually is never a good month for bitcoin, I don't really care about today's value, let's see how we end the year: if in the next months will reach $35-40k for me it would be a great result, and anyway let's not forget that the most interesting part will come in 2024 and 2025, this is just a transaction year.

I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.

The market did not grow as we expected. We expected the Bitcoin market to be between $50K and $60K in mid 2023 to late 2023 but so far the market is under $30K. We have already crossed the middle period of 2023. Now we are at the end of 2023. The time left to the end of 2023 is that the market will grow a lot only then our expectations will be fulfilled. Looking at the market movement, it seems that the market may move to a good position very slowly. If the market slowly moves higher then we will have to wait some more time for the market to reach $40K to $50K. If we wait we will surely get something good.