One thing is always certain. If you invest in bitcoin for the long term, regardless of whether you buy it at a low price or a high price this year, you will make profits. Even if the price of bitcoin climbs to $40k or not by the end of the year investors will still want to buy it against the bull run because they have the belief that the $40k price they are buying at that point, will certainly give them profits.
The cryptocurrency market is currently more confusing. No one can tell the direction is heading, whether uptrend or decline movement. Many people today want to enter the market via whatever methods possible while forgetting that there will always be opportunities to invest in bitcoin.
The opportunity is always open for everyone without a stop. The decision to invest, whether for the long run or the short term, is theirs to make.
Topic: Don't wait for the bottom without buying in the Dip. - page 7. (Read 1076 times)
I'm starting to think that buying the dIP or DCAing is actually for the new investors who have no idea what he is doing. And waiting for the bottom is the one for the investors who are more technical and know when exactly to buy.
If it really will go back down to the bottom like to the $16000 which is the lowest in this bear market, then it must be worth waiting than DCAing. Sadly there is just no way of knowing how low the price could go this time.
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.
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.
That is why I always recommend Dollar cost averaging because it is always going to end up as a profit in the end if you are just aiming for the Bull market, I mean it doesn't really matter as long as you're going and aiming for the Bullrun your always going to make ka profit but if you just waiting and not accumulating Bitcoin your just gonna end up with no profit because it wasn't really guaranteed that market price is going to skyrocket or gonna make a dip, we cannot predict the market accurately so what we can do is to just to always buy bitcoin whenever we can, or just to buy Bitcoin every week or every month something like that.
For sure when there was a dip the market price was lower so its a good time to buy, but you don't know ifs that going to happened or your waiting for a lower market price you might just end up waiting for nothing and lose that opportunity to go in, so what you can do is just increase your buying power when the market price drop, with that you could buy more volume of Bitcoin because the market price is lower and your buying more Bitcoin since you increase your budget on it.
To be honest, I don't understand your title because when we refer to buy on the dip, it is possible that it is at the bottom but in your first sentence, don't wait until the bottom because you can still buy on the dip.
But in this case what I can say is that it's actually not a problem to buy on the dip if we are sure that the price we predict will be touched but this kind of condition will be a headache if you don't know how to determine the bottom price that you will use to buy, it can be one of the problems where we wait at the price we want but we don't understand the research that is done because it can be troublesome in the end.
I think it would be better for beginners to buy when they have the money to buy and the price of the decline that occurs regardless of how much it is currently still very worth buying without thinking about whether it will go back down or not because it will make you hesitate in the end and make you fail to buy because you keep waiting and waiting without knowing the moment where to enter.
But in this case what I can say is that it's actually not a problem to buy on the dip if we are sure that the price we predict will be touched but this kind of condition will be a headache if you don't know how to determine the bottom price that you will use to buy, it can be one of the problems where we wait at the price we want but we don't understand the research that is done because it can be troublesome in the end.
I think it would be better for beginners to buy when they have the money to buy and the price of the decline that occurs regardless of how much it is currently still very worth buying without thinking about whether it will go back down or not because it will make you hesitate in the end and make you fail to buy because you keep waiting and waiting without knowing the moment where to enter.
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.
It is not wrong to wait for the dip because it is also one of the strategies that is very feasible to do but we must be aware that we can only speculate about the lowest point and cannot say that the number xxx as the lowest point for bitcoin in the decline that occurred.
In most cases, we are often confused about where the lowest point will be and always have doubts about buying bitcoin if the goal is to buy on the dip.
I personally do not deny that I am also waiting for that but in other conditions there is another strategy that I always do, namely with DCA.
This makes me a little more comfortable because considering that we can only predict the bottom price, it is better to buy while we can.
We can't just focus on buying at the lowest point because the possibility of waiting at the price that we determine as the lowest point becomes fifty-fifty whether it will happen or not. it would be great if it happens but what if it doesn't happen which actually makes us lag behind in buying because we focus on the lowest price benchmark that we predict.
I'm starting to think that buying the dIP or DCAing is actually for the new investors who have no idea what he is doing. And waiting for the bottom is the one for the investors who are more technical and know when exactly to buy.
This isn't true, DCAing is a recommended strategy and even the more experienced bitcoiners use it, you don't know when the price will get to the bottom, so waiting for it may be a wrong strategy. Every investor will like to buy when the price is so cheap, but they use dca because they don't know when that will happen, but with dca they can get in at good prices and have a good average in terms of their total purchasing price.If it really will go back down to the bottom like to the $16000 which is the lowest in this bear market, then it must be worth waiting than DCAing. Sadly there is just no way of knowing how low the price could go this time.
Sadly as you said, you can't know how low the price can go, so why wait for it when you can be accumulating, you may be waiting for the price to drop and then immediately it starts to rise again, that's why dca is a better strategy than waiting to buy in the bottom. I'm starting to think that buying the dIP or DCAing is actually for the new investors who have no idea what he is doing. And waiting for the bottom is the one for the investors who are more technical and know when exactly to buy.
If it really will go back down to the bottom like to the $16000 which is the lowest in this bear market, then it must be worth waiting than DCAing. Sadly there is just no way of knowing how low the price could go this time.
Am not sure what are the plans of those who wanted to wait for complete bottoming
when the truth is? it is so hard to timing , because mostly before the bottoming , we are not here to rush instead crypto investing is waiting time .
we have seen many that wrongly treat bitcoin and they are now a big losers.
when the truth is? it is so hard to timing , because mostly before the bottoming , we are not here to rush instead crypto investing is waiting time .
we have seen many that wrongly treat bitcoin and they are now a big losers.
Many greed for more and hence they miss the best opportunity to buy the coins for cheap. If you are able to buy the coins under 25k usd, then consider yourself lucky and buy the coin irrespective of its price. You should start accumulating the coins when you see a dip. If you expect that bitcoins will go more down and then only you will buy then definitely you will miss the best price where Bitcoins can be brought. I won’t advice anyone to buy, the smart ones already know what need to be done.
the obstacle for beginners to invest in Bitcoin is their psychology which grows doubts and panic every time they see the price continue to fall.
Buying when the price drops and collecting until the price increases so that it will give you a profit is a simple step that many people talk about when planning an investment. but to beginners, it seems that words alone are not enough to convince them. so I think when beginners in Bitcoin investment have enough experience, then they will be more calm and consistent with their investment planning.
Buying when the price drops and collecting until the price increases so that it will give you a profit is a simple step that many people talk about when planning an investment. but to beginners, it seems that words alone are not enough to convince them. so I think when beginners in Bitcoin investment have enough experience, then they will be more calm and consistent with their investment planning.
Nobody can time the bottom, you’re extremely unlikely to be able to buy the absolute bottom (if it’s not in already @ 15.8k or whatever it was). We are currently at support but anything near ir below 20k is a great buy. Don’t obsess with the bottom, the time to buy is when everybody else is panicking. I don’t see much panic right now so maybe there is another leg down. Bitcoin will be over 100k before 2026 though so there isn’t much difference between buying now or at 21k for example.
Well said, maybe we've already missed the ultimate bottom of 15.8k, and I doubt if Bitcoin will ever go lower again, maybe $20k or even $17k, That's if it's going to happen, I have some spot trading option opened at this range already, using 2k this that's if it's ever going to happen, I've bought heavily at $17k last year and also at 15k too, I feel so good taking the bold step already, I am not trying to say I am lucky, I just did what I believe it right thing to do. Right now, buying at 25k isn't much of a difference to buying at the 29k range, but if a heavy dip comes again I will definitely not miss the chance again, The best thing to ever happen to me in this bear market is buying Bitcoin at the lowest.
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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 consider the 5 month market to the year of the halving to be a market that everyone don't need to predict because the BTC market always replicates almost the same momentum in those months and if you check the previous years next to BTC halving year you'll see that the market always make new bottom price before it start a new bullish trend which will then last till when the halving effect is over.I know one day I will look at my portfolio and I will be happy for Investing in Bitcoin.
That based on how you choose to hold your BTC investment for the long term and how you secure your wallet.
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.
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.
I believe everyone who is a Bitcoin investor will like to get their Bitcoin when the price of Bitcoin is down so they can make a reasonable profit, but seriously, it is not easy to predict the movement of Bitcoin's price. I will say the best way most Bitcoin investors always get their Bitcoin with the aim of making a good profit is by using the DCA method, which means gradually buying Bitcoin, not buying it all at once. I believe the method will minimize our risk. Even if someone holds it for a long time, getting it at dip will make him or her make a great profit, so I just believe everyone wants to buy it at dip, but it is not possible to get it at all at same price level. Some people have to buy it at a certain high price so the price of Bitcoin can keep moving.
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 don’t predict how high or low the bitcoin price will go because nobody knows the amount at which bitcoin will be at a particular time. You might be expecting a pump from bitcoin, but bitcoin will end up dumping. I don’t know why you are disturbed by the price at which you bought bitcoin, you can never buy the bottom. If you keep on waiting for bitcoin to dump to the lowest price, then you might end up missing out because nobody knows the lowest price bitcoin will hit, so just do your analysis, and whenever you see a good entry, then you can just decide to enter. If you are waiting for the bottom, bitcoin might have hit the bottom without you knowing it. You will keep on waiting for more dip, but you might end up not seeing bitcoin at that price again. 
In times of buying Bitcoin no time is wrong considering it potential but I also agree with you OP on buying the dip because waiting more for the price to drop could be a big mistake because nobody can predict the market movement it could be that while your waiting for Bitcoin to drop more than the way it is now and it bounce back going up and you start regreting if you had knowed you could have venture into it and boost your portfolio.
Most speculation has it that Bitcoin will drop more but is still all based on assumption because nobody knows what will happen next on Bitcoin so the best way in other not to be completely left out is structuring your portfolio in a way that will not affect your financial state if you get to Bitcoin market and it moves against you.
Most speculation has it that Bitcoin will drop more but is still all based on assumption because nobody knows what will happen next on Bitcoin so the best way in other not to be completely left out is structuring your portfolio in a way that will not affect your financial state if you get to Bitcoin market and it moves against you.
D: If you are holding for a long term, you don't need to be scared of buying the dip.
That is what matters. If we are in for the long game then we won't be afraid of these dips.
In fact, consider these dips as a discount sale where you get the opportunity to buy at cheaper price.
That is the only how we can have a peaceful mind while the others are panicking.
That is how we will learn to hold like diamond hands.
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.
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.
I agree with you that buying at dip is the way to go and we should not wait more for such dips because it's already a very low price tag on Bitcoin and sooner or later the value of Bitcoin will increase once again and those who missed this dip will always be wondering that why they haven't accumulated some Bitcoin during this dip. This dip is always going to be profitable for the ones who have invested in Bitcoin during this dip and I agree that they will make far more profits than the ones who buy after the dip.
I think the current dip is almost close to Bitcoin's bottom and it won't go down anymore after this dip. If you really want to accumulate Bitcoin than this is going to be the last chance for you to get it at such a cheap price mark. I'm quite sure that after sometime the value of Bitcoin will be trading over $30k once again and then it'll be trader over $40 during the final month of this year. The ones who know the crypto market will most probably take advantage of such rare dips because they know that if they miss the dip this time then they will miss a great oppurtunity of your life.
It's quite possible that we're in a downturn right now, as Bitcoin has undergone a significant drop of over 10%. Stashing away a few BTC at this juncture seems like a smart move, given that some folks acquired it at a much higher price not long ago.
However, it might not be wise to immediately exhaust all your available FIAT funds at the current price point. The upcoming news landscape remains uncertain, especially considering this parallels the four-year cycle scenario. Just before the halving, Bitcoin tends to experience a bearish phase. This implies that allocating 10%-15% of your budget for Bitcoin isn't a bad decision.
If the bearish trend continues, we could set our sights on a price that's 5% below the current rate. Following the same pattern for the second and third 5% increments until our budget is fully utilized would also be a viable strategy.
However, it might not be wise to immediately exhaust all your available FIAT funds at the current price point. The upcoming news landscape remains uncertain, especially considering this parallels the four-year cycle scenario. Just before the halving, Bitcoin tends to experience a bearish phase. This implies that allocating 10%-15% of your budget for Bitcoin isn't a bad decision.
If the bearish trend continues, we could set our sights on a price that's 5% below the current rate. Following the same pattern for the second and third 5% increments until our budget is fully utilized would also be a viable strategy.
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.
Dips are good opportunities but in the case of the market's initial times as at the start of the cycle if you are buying the dip in the full swing of the Cycle as close to the ATH and the market suddenly dumped and you are aggressively buying that can be your biggest mistake as for the living example after the last cycle ATH Michel Saylor aggressively accumulated the dip and until now they are suffering the loss I know their vision is too long term holdings, still not everyone can wait for the market for recover in 2 years.
Dip accumulation is good as you follow the tip "Be fearful when everyone is greedy and be greedy when everyone is fearful" while buying the dip. Still, some things are needed to be taken care off.
People who're waiting at the bottom are perfectionist, this isn't good because no one in this world always making best decision in entire his life. There's always a mistake, wrong decision etc and we should accept it because it will make us to learn to become a better person. Maybe I missed to buy a shitcoin that worth $0.001 and in the next day it pump into $1, but at least I still make some profit in Bitcoin even it's not that big like that shitcoin.
Everyone is entitled to their own biases that's why no one really knows where the bottom would be. The current price right now ($26k) might still dip again and go even lower that would present more opportunities to buy lower than the current market price. That's why DCA comes as a recommended approach since the average buy-in price gets averaged down to minimize losses if price goes lower than anticipated.
We are still in a bear market so the price might go lower than $20k price. There is also a possibility of the price reaching $30-40K price levels.
We are still in a bear market so the price might go lower than $20k price. There is also a possibility of the price reaching $30-40K price levels.
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