Is it time to buy the dip in Bitcoin as it drops to $64,000? - page 5.

noormcs5

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Quote from: shanhaigamefi on June 18, 2024, 02:44:06 AM

Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.

Can you please name that blogger who is so certain that bitcoin will drop to 60K this week? Seems like he is more of a fortune teller than a blogger Wink

And what about the the posters here screaming all the time to buy bitcoin, buy bitcoin. You don't listen to us but to that blogger. Huh

Now listen to me carefully. What is your target of Bitcoin? Even if you are very conservative, you must still have a 100K bitcoin target. Right?

So no matter you buy bitcoin now at 64,000$ or at 60,000$, it won't matter much when bitcoin will reach 100,000$. But if you did not buy now, bitcoin did not reach 60K and it reached 100K and you do not own any Bitcoins, then it will matter. Think in this way so that you are not missing out here.

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Quote from: shanhaigamefi on June 18, 2024, 02:44:06 AM

Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.

First, the blogger who wrote that Bitcoin may drop to $60,000 could be right, at least, the speculation is within a reasonable range. But you should know that this is a speculation, it is not necessarily going to be so, and the same goes for anyone advising you here, no one is perfect about this.

That said, Bitcoin is bearish in trend now and might move lower truly unless there's a bullish hope. However, the bullish hope can only start if Bitcoin can claim back a bullish price action on at least the 4H and 1D charts, but unfortunately, that is not forthcoming yet. Also, I see more trouble for the coin with the TrendMagic indicator changing negatively on the daily chart, and so long as Bitcoin holds below the resistance of the indicator at $68,678, it may fall further.

Furthermore, in a bid to calm some nerves, I can see strong 1W support levels at $62,120 and $59,940. Let's see how it goes!

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Quote from: shanhaigamefi on June 18, 2024, 02:44:06 AM

Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.

Don’t rely your decision from a single blogger who has only made a not so sure prediction. Start researching on your own if his prediction is reliable or not, that way the final decision will still be on you, not on the people around that made some speculations or predictions.

If you have the spare funds to buy at the current price, then don’t hesitate to buy. After all, you won’t be buying the whole bitcoin, just a portion of it. Or if you wait for a much lower price, that depends on you, your money your rules. Don’t let other people influence you most especially when it concerns with money.

RTX-G53

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we don't know that Exactly what is now happening with bitcoin now. but it is possible that bitcoin can drop in 64k, because now bitcoin price is going down very fast. but i can't sure. because it will also Available to the price going up. so this time we only do just hold. and wait for the real bull run.

Nwada001

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Why wait till the price of bitcoin drops to whatever your bloggers predict it will drop to? Why not just buy now that the price is on the low side compared to how it was last week? The price might go down, but it could also get higher than where it is right now. What matters is that you were able to grab what you can with what you have.

Quote from: Plaguedeath on June 18, 2024, 02:51:57 AM

Hello I'm a professional blogger and Bitcoin enthusiast, I've analyzed the Bitcoin market for 14 years and I think the price may drop to $1 this week.

I think you should value my analyze, it's no joke bro, you can buy Bitcoin as cheap as $1 rather than to buy when the price is $65K. Imagine if you own 65K Bitcoin and if Bitcoin price reach $2, you're already doubled your money!

lol.. Some people just take the information they see on the internet very seriously without even doing their own research or making their own decisions, which is why they are easily manipulated nowadays.

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Quote from: shanhaigamefi on June 18, 2024, 02:44:06 AM

Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.

Are you investing in bitcoin through the advice of others? If so then I don't think you should invest in bitcoin let alone when is the time to buy bitcoin. Because even if you can buy bitcoin for less than 60k USD, but if you don't have the knowledge and rely on others, you won't be able to hold out until bitcoin goes up in price again.

To be able to make a profit from investing in bitcoin, buying at a low price is an advantage but that is not enough to guarantee you will make a profit. Bitcoin is unpredictable and sometimes we need to hold for the long term and to do that you need to be knowledgeable rather than relying on other people's advice.

Take the time to learn because when you have the knowledge, you will know when is the right time to buy and sell, and you won't even have to depend on anyone.

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Quote from: shanhaigamefi on June 18, 2024, 02:44:06 AM

Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.

It depends on how long you are willing to wait for your profits. I know, anything can happen, so, it's not a financial advice, but from what I read and hear, it may take some time before Bitcoin goes above $70k again. Namely, it can take a year. If you can afford waiting so long - buy at $60k. I expect $200k+ sometime in 2025, but it's not certain, of course, so, don't borrow money and invest it in BTC. That's what you shouldn't do. You certainly shouldn't do that.

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Quote from: shanhaigamefi on June 18, 2024, 02:44:06 AM

Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.

Are you looking for ~~blessings~~ approval from the BTC-community to purchase bitcoin?

When will this stop for newcomers and they will finally start making decisions for themselves?

This is your money, your investments and your risks - the burden of responsibility falls only on you. Therefore, if you want to buy now, buy it; if you don’t want to, don’t buy it. Don't expect the only right answer.

If you want to bet on a blogger’s words, that’s up to you. But if he turns out to be wrong, then only you will suffer and there will be no need to blame him for an erroneous analysis, because you will press the “buy” button.

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Quote from: coinerer on June 18, 2024, 03:15:49 AM

Quote from: shanhaigamefi on June 18, 2024, 02:44:06 AM

Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.

The price of Bitcoin is going down a bit and the price of Bitcoin may go down a bit more but there is no telling exactly how much it will go down so you can start investing now. Investing in DCA method will have less risk so since the price of bitcoin has decreased a bit so you should invest without waiting because if the price of bitcoin does not decrease again then you will miss this opportunity and if it decreases further then you will lose the investment so invest according to DCA Then you will be safe in all cases.

Yes, if you invest using DCA method, the risk is minimized, so it is a very good method. But if you invest in Bitcoin or any other crypto coin, it must be a long-term investment because no big profit can be obtained from any of them in a short period of time. Now investing in Bitcoin no one can say whether the price of Bitcoin will increase or decrease the investment price. So while investing, the objective should be long-term. Then investment can be done anytime without any problem.

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Quote from: shanhaigamefi on June 18, 2024, 02:44:06 AM

Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.

Buying now or later is actually your decision to make, however if I must advise you I would say you should start accumulating immediately because not all the time you may find the Bitcoin price this way so instead of expecting for more dip start utilizing the opportunity that has been presented to you now, however in terms of the blogger analysis I will strongly advised you that sometimes listening to them could cost you the opportunity that you would have actually use to buy Bitcoin, and also what you need to consider is that how sure it is that his analysis will come through because the last time I checked so many people have predicted the price of Bitcoin to fall drastically but till how it has not happen so perhaps starting to accumulate now will not be a bad idea.

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Quote from: shanhaigamefi on June 18, 2024, 02:44:06 AM

Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.

The price of Bitcoin is going down a bit and the price of Bitcoin may go down a bit more but there is no telling exactly how much it will go down so you can start investing now. Investing in DCA method will have less risk so since the price of bitcoin has decreased a bit so you should invest without waiting because if the price of bitcoin does not decrease again then you will miss this opportunity and if it decreases further then you will lose the investment so invest according to DCA Then you will be safe in all cases.

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Quote from: shanhaigamefi on June 18, 2024, 02:44:06 AM

Should I buy now or wait a little longer?

In order to avoid stress of trying to time the market (which is impossible anyway), why not take into consideration DCA method?

Quote from: shanhaigamefi on June 18, 2024, 02:44:06 AM

A blogger has analyzed that the price may drop to $60,000 this week.

Crucial part is it may drop and no one (including that blogger) knows what will actually happen. My advice to you is to stop listening to bloggers/youtubers and crypto influencers in general as they know shit. After all, in the grand scheme of things it doesn't really matter much whether you buy bitcoin at $60k or $64.

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Quote from: shanhaigamefi on June 18, 2024, 02:44:06 AM

Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.

Nobody knows but the bull run is off for now but it will still continue later. Bitcoin will nit be very volatile lke those altcoins, you can just continue to use DCA if you have started using it before. If you have not used DCA before, you can start to use it to buy bitcoin now. Theoric of bitcoin will still later increase. Bitcoin dropped below $57000 last month, so it is possible that the price may still dropped below $60000 this time.

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Quote from: shanhaigamefi on June 18, 2024, 02:44:06 AM

Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.

Lol, why you have to listen so crypto influencer to buy? What if he says that it will go to 0 or go to $100k? Will you believed in him? And this is the problem with newbies, no offense to them, but before you get your hands wet in this market, you should know that there are a lot of so called analyst or influencers here. And you are making it complicated in your end. So why not just buy at the current dip since you say that it has going down. And if the price goes down to $60k then buy more, easy as that. I'll give you one hit, DCA will be your friend. So take that advise and research what does it mean.

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Quote from: shanhaigamefi on June 18, 2024, 02:44:06 AM

Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.

and what is the basis of this blogger for saying that? lol.

It is not advisable that you listen to other people about when you should buy or sell bitcoin or any cryptocurrency for that matter but most especially you should not be listening to bloggers, vloggers or any content creator whose only goal is to clickbait and get as much engagement as possible.

Of course they are going to say the craziest assumptions just to get people talking and discussing about their content. Just buy now when you think it is cheap enough for you.

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Quote from: shanhaigamefi on June 18, 2024, 02:44:06 AM

Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.

It is better that you buy right away if you have the money now. No one can predict bitcoin price movement accurately and no one knows what direction the price will move to in the next moment. Now that you are seeing 65k price, it is good that you take advantage to buy instead of waiting for it to still dip below this price. What if it does not dip anymore and start pumping. Last week we saw a price higher than this, so take this opportunity and buy instead of waiting and waiting till infinity for a price dip that might not occur. Buying at the dip is always luck because you cannot know the bottom line of the dip.

Plaguedeath

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Hello I'm a professional blogger and Bitcoin enthusiast, I've analyzed the Bitcoin market for 14 years and I think the price may drop to $1 this week.

I think you should value my analyze, it's no joke bro, you can buy Bitcoin as cheap as $1 rather than to buy when the price is $65K. Imagine if you own 65K Bitcoin and if Bitcoin price reach $2, you're already doubled your money!

shanhaigamefi

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Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.

Topic: Is it time to buy the dip in Bitcoin as it drops to $64,000? - page 5. (Read 815 times)