Wait until there is strength shown is best timing, however you can also take the longer term view of buying regularly even into a trend of lower prices. If you buy during weakness then you will generally receive better value then trying to play catch up during a hype moment in Bitcoin.
Buying on momentum is probably the best advice for trading or speculating on the price. Its two different ideas but its considered low risk to buy during a period of bullish momentum. So for that to be true we need BTC to breakout of both its current negativity but also then break the limited range its held for multiple months now.
Topic: Is it time to buy the dip in Bitcoin as it drops to $64,000? - page 4. (Read 809 times)
Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.
Buy now and buy again later if the price drops to $60,000 because you can not be that the price is going to fall again. Bloggers are only analyzing the market for click and not because they know how to trade. When buying do not use all the money that you have to buy because the best way to invest in Bitcoin is through DCA. Why it is always good to buy when the price falls is because if you keep waiting for Bitcoin to fall to a specific price it might not get to that price and you could miss buying but if you buy when the price falls through DCA, you would never miss the opportunity to buy Bitcoin because you will always have bought some Bitcoin already and this could motivate you to buy more Bitcoin and not waiting for Bitcoin falling to a specific price.
Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.
Keep waiting a little longer while others invest in bitcoin in the best way they can.The worst that can happen to any bitcoin investor is to go by what bloggers say about the bitcoin price before they invest. It's funny how the bloggers now become the sole visionist of bitcoin price? And people seem to believe them.
The last time I checked, none of them(bloggers) had speculated the price of bitcoin correctly. I see it as one accepting what bloggers predict about bitcoin before investing is a bad move that can make one miss several golden opportunities of applying the DCA method of accumulating bitcoin.
hero member
Activity: 658
Merit: 524
Leading Crypto Sports Betting & Casino Platform
@OP, Bitcoin investment has one common and simple strategy called "dollar cost average." With this strategy, you can start now to buy a very small fraction of Bitcoin every week or every day, so that while you are hoping for the price to drop to $60k according to the blog you read, you are already buying gradually. The reason for such a strategy is that no one can be very sure what the price of Bitcoin can drop or increase to. You are not sure if BTC will reduce to $60k, but if you start now to accumulate using the DCA strategy, you may not be disappointed when the price of Bitcoin never reduces to $60k but rather increases to $70k.
Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.
People keep asking whether they should buy Bitcoin now as the price drops, or should they buy it later when the price drops further - it's a pretty boring question. But it's like this, if you believe that the price of Bitcoin can increase more than it is now, then you can immediately buy it now, no need to bother looking at the analysis of several bloggers because no one can know for sure when the price of Bitcoin will rise, but it will definitely rise. But if you're still not sure, think about it and hold on to your money until you're sure, but I bet that you'll come back to this forum and ask the same thing.
Maybe its either they don't have enough knowledge about bitcoin or don't have enough fund to spend which they can afford to lose since if they have knowledge on how to deal each situations currently happened on bitcoin for sure they would just ignore any situation and just buy because they think that whatever figure showing up this is still the best time to buy. I understand how people feel since its pretty normal to get afraid on the dump, but if they convert those fear as determination to accumulate then provably that they can earn good cash once bitcoin price recovers.
Its pretty lame for people to believe on bloggers or someone's analysis since there's no accurate result will show up. So its better to take action then gain knowledge from the situation since this is more helpful for them especially on their investment decision made on bitcoin.
Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.
People keep asking whether they should buy Bitcoin now as the price drops, or should they buy it later when the price drops further - it's a pretty boring question. But it's like this, if you believe that the price of Bitcoin can increase more than it is now, then you can immediately buy it now, no need to bother looking at the analysis of several bloggers because no one can know for sure when the price of Bitcoin will rise, but it will definitely rise. But if you're still not sure, think about it and hold on to your money until you're sure, but I bet that you'll come back to this forum and ask the same thing.
Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.
60k$ price is still high price and it is still risky who know after you buy at 60k$ it will drop down to 50k$? Only god knows about it, and if you ask question in here maybe people will till you to invest, it is because of the past price and they don't care about you and you're investment they will till thier prediction or speculation but at the end you will be the one to loss your funds if you failed, so do research and have your own decision in investing because it is a win or loss game if you will not earn you will loss. 
You can split your order buy on many Bitcoin prices so you can buy Bitcoin in many low prices. There is an opportunity for the price to gets down but we hopes that the price is not down too deep. If the price is down too deep, many people can not holds their feeling and can worry seeing the price.
But if you decides to be a Bitcoin investor, you must learn about how to have strong hand to holds Bitcoin. That will useful for you to avoids panics when you see the price gets correction and down for deep. You will see the opportunity to buy more Bitcoin at more lower prices so you will use that moment for your benefits.
If you want to buy Bitcoin, don't forget to use the money you can afford and not going to all-in. That will prevents you from the buy too fast in a high price and you can have more money to buy at a low price if the price is down. Don't forget to analyze the Bitcoin price movements and not just hearing from other people suggestion.
But if you decides to be a Bitcoin investor, you must learn about how to have strong hand to holds Bitcoin. That will useful for you to avoids panics when you see the price gets correction and down for deep. You will see the opportunity to buy more Bitcoin at more lower prices so you will use that moment for your benefits.
If you want to buy Bitcoin, don't forget to use the money you can afford and not going to all-in. That will prevents you from the buy too fast in a high price and you can have more money to buy at a low price if the price is down. Don't forget to analyze the Bitcoin price movements and not just hearing from other people suggestion.
I don't sure with bitcoin possibility price dropping until $60k after large correction in last several days and more lower price around $64k, you can spent your capital by investing around $64k and half your fund open order buy bitcoin around $60k.
Its seems fair than your expectation bitcoin will drop drastically under $60k has possibility recently bitcoin growing until $65k and earn around few percent of profitable if you invest yesterday when bitcoin on most lower price.
In this week, bitcoin get more correction and difficult break out to higher price without any large bad news but bitcoin more dominance with correction than recovery back to higher price. Recently my capital have invested on some altcoin and its interested moment for me if have capital left for investing in bitcoin with more lower price.
Its seems fair than your expectation bitcoin will drop drastically under $60k has possibility recently bitcoin growing until $65k and earn around few percent of profitable if you invest yesterday when bitcoin on most lower price.
In this week, bitcoin get more correction and difficult break out to higher price without any large bad news but bitcoin more dominance with correction than recovery back to higher price. Recently my capital have invested on some altcoin and its interested moment for me if have capital left for investing in bitcoin with more lower price.
Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.
Keep waiting a little longer while others invest in bitcoin in the best way they can.The worst that can happen to any bitcoin investor is to go by what bloggers say about the bitcoin price before they invest. It's funny how the bloggers now become the sole visionist of bitcoin price? And people seem to believe them.
The last time I checked, none of them(bloggers) had speculated the price of bitcoin correctly. I see it as one accepting what bloggers predict about bitcoin before investing is a bad move that can make one miss several golden opportunities of applying the DCA method of accumulating bitcoin.
Some analysts say it will go to 100k this year, some say it will go to 250k. Some say it will go to 60, some say it will go to 55...
Anyway, my take is, we will have a post-halving bull run.
The recent decline in price is mainly caused by inflation news coming from from the US, that lead to the initial drop below 70k and liquidated some leveraged longs.
When people ask me if they should panic, or worry about the price I always ask them one simple thing: do you think that this is caused by a problem with bitcoin. Is bitcoin in trouble in any way, the way we had bad news when FTX blew up, or China banned bitcoin. If it's not then it's exactly the same bitcoin people were paying 72k weeks ago and now they don't want to pay 65k for it.
If I were you and had spare cash lying around, waiting for that right moment, I'd be buying right now, but I'm 100% sure that bitcoin is worth more than 65k. The question is: are you?
Anyway, my take is, we will have a post-halving bull run.
The recent decline in price is mainly caused by inflation news coming from from the US, that lead to the initial drop below 70k and liquidated some leveraged longs.
When people ask me if they should panic, or worry about the price I always ask them one simple thing: do you think that this is caused by a problem with bitcoin. Is bitcoin in trouble in any way, the way we had bad news when FTX blew up, or China banned bitcoin. If it's not then it's exactly the same bitcoin people were paying 72k weeks ago and now they don't want to pay 65k for it.
If I were you and had spare cash lying around, waiting for that right moment, I'd be buying right now, but I'm 100% sure that bitcoin is worth more than 65k. The question is: are you?
Buying now is risky because we’re dipping below a popular moving average, so you’d either be catching the bottom as we head to retest the all time high, or you’re buying as we just fell through support levels on our way to the next support at $56K. That’s why I’d say to dollar cost average your buys. The market still has some things to work through before the moonshot.
Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.
60k$ price is still high price and it is still risky who know after you buy at 60k$ it will drop down to 50k$? Only god knows about it, and if you ask question in here maybe people will till you to invest, it is because of the past price and they don't care about you and you're investment they will till thier prediction or speculation but at the end you will be the one to loss your funds if you failed, so do research and have your own decision in investing because it is a win or loss game if you will not earn you will loss. 
Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.
Keep waiting a little longer while others invest in bitcoin in the best way they can.The worst that can happen to any bitcoin investor is to go by what bloggers say about the bitcoin price before they invest. It's funny how the bloggers now become the sole visionist of bitcoin price? And people seem to believe them.
The last time I checked, none of them(bloggers) had speculated the price of bitcoin correctly. I see it as one accepting what bloggers predict about bitcoin before investing is a bad move that can make one miss several golden opportunities of applying the DCA method of accumulating bitcoin.
I believe that we are seeing something changing big time, and that is important when you think about it. We should consider the fact that we are not going to end up with anything major, it is not really that reasonable to expect a drop.
Right now the bull is coming because after every halving it has arrived, it wouldn't be really that crazy if it happened again, so we could probably see it go up again. That means, the big change coming up could be a bull run and we should consider how to get better, and that would be a quite good deal. I know that it is going to be something that will change things a bit, but that doesn't mean that it will be simple, we just need to make sure that we are going to have it change for good.
Right now the bull is coming because after every halving it has arrived, it wouldn't be really that crazy if it happened again, so we could probably see it go up again. That means, the big change coming up could be a bull run and we should consider how to get better, and that would be a quite good deal. I know that it is going to be something that will change things a bit, but that doesn't mean that it will be simple, we just need to make sure that we are going to have it change for good.
Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.
Not all predictions are always accurate as being said, we need to make our own research and speculate well on the market chart to see how possible are some of this external speculations received from others, bitcoin can make a turn at anytime to either fall the more or rises the more, if we only understand the reason under its volatility, its been affected majorly by the demand and supply chain of the bitcoin market, this equally says more of the market price having the ability of changing at any point in time, even if we have more bear down to $60,000 the market will still pump at anytime soon to $73,000 and more to a new all time high before the year ends, as from other speculations, many have also expected in seeing the market get beyond the band limit to a new ATH before this month end.
I think we are very close to a local bottom. You can look at the Bitcoin chart and compare it with the chart of the top altcoins. We will see that Bitcoin holds up well against the bears. Players are unable to lower the price of Bitcoin below $65-60,000. That says a lot. This means that demand gradually began to exceed supply. When this excess becomes critical, Bitcoin will begin to grow. But I think we have very little time left to wait. Perhaps the end of June or the beginning of July will be the point when no one will want to sell lower.
Waiting longer is not necessarily the price of bitcoin down to $60K? While you are buying now there has been a decline so you will wait with the analysis of a blogger? I will not underestimate anyone's analysis but the opportunity should not be delayed especially if you have double money to buy it then buy now when the price drops buy again.
It is certain that with the current downturn many people are panicking because their portfolios are decreasing drastically so when you have the intention to invest then do not delay do it now and buy again later after the decline.
I'm not scaring anyone, but what I do is buy on the dip. That's the best way for bitcoin.
It is certain that with the current downturn many people are panicking because their portfolios are decreasing drastically so when you have the intention to invest then do not delay do it now and buy again later after the decline.
I'm not scaring anyone, but what I do is buy on the dip. That's the best way for bitcoin.
If it was me I would be buying now.
I assume that the OP has a substantial amount to spend/buy otherwise a drop of $4000 wont make
too much of a difference if you are spending $1000
@ $60,000 - $1000 will get you 0.01667BTC
@ $64,542 - $1000 will get you 0.01549BTC
Difference of 0.00118BTC - $76
Is it worth the risk of it not falling further for such a small gain? the market could end up going
the other way and you lose more by not buying now and HODL'ing in the comfort of owning BTC
I assume that the OP has a substantial amount to spend/buy otherwise a drop of $4000 wont make
too much of a difference if you are spending $1000
@ $60,000 - $1000 will get you 0.01667BTC
@ $64,542 - $1000 will get you 0.01549BTC
Difference of 0.00118BTC - $76
Is it worth the risk of it not falling further for such a small gain? the market could end up going
the other way and you lose more by not buying now and HODL'ing in the comfort of owning BTC
I clearly see know reason why you should listen to such analysis, when the blogger in question is not financially responsible for your investment. Waiting for Bitcoin to touch $60K might literally be a waste of time as it might not happen, and you might actually miss out from the little bearish trend we are experiencing. Opportunities like this are not what you are to contemplate on.
Current price of Bitcoin ($65K at the time of this writing) can not be guaranteed in the next few hours. Just a rumor can shake up the entire market, thereby increasing the price far above the current. Every opportunity is a giving time to buy(most especially DCA wise), don't miss out.
You can buy now, and still buy tomorrow if you have the funds. Just try as much to Capitalize on today's opportunity. The decision is all yours.
This is the Perfect statement to address this issue.
Current price of Bitcoin ($65K at the time of this writing) can not be guaranteed in the next few hours. Just a rumor can shake up the entire market, thereby increasing the price far above the current. Every opportunity is a giving time to buy(most especially DCA wise), don't miss out.
You can buy now, and still buy tomorrow if you have the funds. Just try as much to Capitalize on today's opportunity. The decision is all yours.
So no matter you buy bitcoin now at 64,000$ or at 60,000$, it won't matter much when bitcoin will reach 100,000$.
This is the Perfect statement to address this issue.
Jump to: