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Topic: Will BTC dip again? - page 6. (Read 1776 times)

legendary
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April 05, 2024, 04:58:41 PM
I believe that these drops are fine and won't matter that much, we are probably going to see them do a lot better with time. This doesn't mean that we are going to make a ton of money, but the way we are looking at it, we should probably see it do differently eventually.

Just because it had a small drop, doesn't mean that it will keep being terrible, I bet that we are going to do a lot better with time, we just need to do a bit better for a while, and need to be patient about the price as well. I know that it is going to take some time to get there, but when we finally start the bull run I bet you that we are going to end up with a greater return. I hope that we could see something that could finally change and the price will skyrocket.
Dips are actually normal for bitcoin, but if you wish to see bitcoin getting $50k price or lower than that before you decide to invest, I guess you are not trying to maximize your profits in the future. Don’t wait for bitcoin price to drop that low as we are still not sure if it will bound to happen soon, but one thing is certain, if you invest at the current price and continue it with DCA and hold them for quite long years, you will earn massive profits in the future bull run, but probably not this year’s bull run.
legendary
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April 05, 2024, 04:24:40 PM
-snip-
As far as I know and from the experience I have seen and heard some advice from crypto experts, especially Bitcoin, they are not free from speculation and predictions which always make Bitcoin fans around the world shake with the speculation they develop.

The point is: Bitcoin will not experience an all-time upward cycle, where after reaching a certain point, Bitcoin will experience a decline again to its lowest figure, this is based on experience that has occurred and speculation that will occur, For this reason, experts estimate that Bitcoin after the halving occurs will experience a decline at the level of $57k and rise again to the level of $65k, down and up again, until it finds a new price in the same phenomenon as the new halving in 2027.

Whether you believe it or not, what is certain is that a downward cycle for Bitcoin will occur.
Price volatility will last forever, meaning that there are no prices that always rise and no prices fall forever. Prices will always fluctuate depending on supply and demand, so every investor must consider this in order to minimize risk.

Bullish and bearish cycles clearly exist, but it is always difficult to determine where the highest price is. The wise advice is, sell your possessions at a profit, of course at whatever the value is, but get a realistic target. After the halving, the price is expected to rise high to hit ATH. Meanwhile the price will fall again after reaching its ATH.
legendary
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April 05, 2024, 10:51:45 AM
The price has not yet reached what is ideally the price I would want to
buy bitcoin in despite its recent decline and I am wondering if will
bitcoin still go down to at least $50k?
As far as I know and from the experience I have seen and heard some advice from crypto experts, especially Bitcoin, they are not free from speculation and predictions which always make Bitcoin fans around the world shake with the speculation they develop.

The point is: Bitcoin will not experience an all-time upward cycle, where after reaching a certain point, Bitcoin will experience a decline again to its lowest figure, this is based on experience that has occurred and speculation that will occur, For this reason, experts estimate that Bitcoin after the halving occurs will experience a decline at the level of $57k and rise again to the level of $65k, down and up again, until it finds a new price in the same phenomenon as the new halving in 2027.

Whether you believe it or not, what is certain is that a downward cycle for Bitcoin will occur.
sr. member
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April 05, 2024, 09:37:01 AM
It's natural that there are dips ahead, but there's more to itz the debate shouldn't be if there would be dips ahead, but how low those dips would be,  Bitcoin dropping significantly below 60k on its way to 100k, in my opinion is most unlikely.  Expecting dips is reasonable, but then the significance of those dips are the matters on ground, which I will say, wouldn't be significant drops
This is more of a discussion and prediction, mate, not as a debate that has no direction, because as you said, if there is a price decline in the future, that is quite normal. Because price corrections always occur in the market, which many people never expected before, so people who still want to continue buying can easily take advantage of this to be able to get it at a slightly cheaper price before it's too late. Likewise with the Bitcoin price prediction for $100K in the coming months, because it could also be possible to expect if the price movement starts again from $70K.

And this correction is not yet finished; instead, we are still experiencing it at present, and its direction is still quite unpredictable, to be honest. That's why, if you look at the chart,
we are still short-bearish, but the momentum is still bullish.

We holders still have a little patience, and while we are still waiting, we will first apply DCA while the price has dropped a bit in the market, so this is an opportunity for us, right?

hero member
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April 05, 2024, 07:24:28 AM
It's natural that there are dips ahead, but there's more to itz the debate shouldn't be if there would be dips ahead, but how low those dips would be,  Bitcoin dropping significantly below 60k on its way to 100k, in my opinion is most unlikely.  Expecting dips is reasonable, but then the significance of those dips are the matters on ground, which I will say, wouldn't be significant drops
indeed the bottom line here is that bitcoin won't stoop lower than current price it probably just hits $59k and go above again people are bullish so many events around the corner, doesn't seem like a good time for whales to dump their coin for the sake of decreasing the price of bitcoin honestly.
after all if you are observant, you can clearly see the market recovering back in fast manner whenever there's dips happening, people are buying despite market experiencing suddenl flash dump and it matters not for most of the people that thinks long term and diamond hand that trying to DCA bitcoin as much as they can.
dipping along the way to the $100k honestly is something that is to be expected, certainly there's some whales that gonna dump their coin along the way but if the market sentiment is greedy and the market still stand strong overcoming all those sell order then its gonna be fine.
hero member
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April 05, 2024, 06:18:23 AM
#99
keeping my target at 50k , means if once bitcoin reaches that level again then the chance is on me but the problem is if bitcoin do not fall that price then i will continue to wait even if this comes after 2025.
I believe that you have sold your holding when the price reached the top at 73k this is the reason why you are waiting for the dip.
Waiting for Bitcoin's price to drop to $50K again is also not wrong for someone who had sold at the peak when he saw the price of $73K. Because this is something that has provided benefits for him and is also not wrong to do because it is a strategy that is quite unique in terms of making a profit. But for now I'm not so sure that the price will fall back to $50K again because the price support in the $70K range is still quite strong even though we don't know how long Bitcoin will continue to hold that level this year.
I do agree that 50k seems too low to wait. I can see maybe 60k if that person is lucky which I think even that may not happen and we could start going up from here, but that doesn't mean that we are going to end up with a bigger increase. Just wait for it to reach to a point where things could go higher, and that should be the important thing.

I believe that we are going to see price stay above 60k, and probably above 65k as well and then eventually there will be halving and then bull run will start. So, anyone who waits for 50k will be waiting for a long long time, or they will just realize that that won't happen and stop waiting and put all their money into bitcoin eventually, higher than where we are right now.
hero member
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April 05, 2024, 02:46:08 AM
#98
Do not say that, BTC can move below any price, we should not be too rigid that something can't happen even if it looks so. If Bitcoin can move upward about $20,000 in just a month, it can move downwards even more depending on the cause and the situation of the chart. But for now, this is not feasible even as I believe that if Bitcoin can maintain the hold below $67,629, it can be in trouble, especially if it is moving lower and maintains a bearish trend when the halving happens. Though this may not happen, the fact that Bitcoin moved as high as it is now before halving, anything opposite or unplanned could happen after the having, so we should get prepared for the worst to happen.

Like I always say, our trading charts should be the main guide in this regard instead of speculating randomly with nothing to back it up. It is best to let us know the right thing to do at that time because what we are saying now is mere guesswork, we can continue to use that to refresh ourselves about the latest market condition as it's for better guidance overall. Going forward, I do not see Bitcoin moving lower than $60,000 myself, still, I just spotted a daily chart of Fibonacci support at $65,321. The level has been instrumental in making sure that Bitcoin did not slip below it, nonetheless, let's see how it goes over time. A breach below it might be so devastating for Bitcoin even as it might make it move to $60,000 or lower if the price action is negative and the sentiment is also strong enough to cause havoc.
That's correct. Just because Bitcoin surpassed its previous ATH, it doesn't mean that things can't go south for whatever reason. There's always the possibility to go below $60,000 or $50,000, and who knows how lower the price can go? If it can go upwards, it can go downwards as well. In the meantime, I personally doubt that we'll see anything below $60,000 as well, or in the worst-case scenario, $55,000.
The price of BTC below $50k not at all. One of the great things about Bitcoin's DIP price is that small investors will enter the market in the meantime which will further consolidate BTC's levels. I also hope to invest some of my savings in this opportunity. I plan to go to DIP and buy at-least $60k. But one regret always in me is that if I had found bitcoin forum 2 years ago then I would have been a successful businessman. Anyway let's start from now.
If I were to regret what I could have done differently 4-5 or more years ago, I would have gone insane. It's still unknown how much BTC I've lost on online wallets and services in 2014, losing seed phrases, or making stupid purchases, let alone that I didn't invest when it cost $300-$400. Just look forward and ignore the past.
sr. member
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April 05, 2024, 01:38:56 AM
#97
Well now that Bitcoin is not at a all time high it is wise for us to buy the cheaper coins. We know that price of Bitcoin is going to go back above $70,000. And I do think it will go even higher then this for the halving in a few weeks.

So I do think it is a good idea to stack satoshis for cheaper now. Bitcoin is now less then $67,000 so buying this dip will give you profits next 'bull run'.
You said nothing but the absolute truth and reality, if we are very sensitive of the market we can see how the market fluctuates between $65k to $70k just within some hours and this could be corrections that are likely to enhance the growth of Bitcoin crossing and not returning back to the $60k range price, I believe the more we getting closer to the halving the more people are getting willing to invest again into Bitcoin which tends to increase the buying orders and brings the price of Bitcoin above the $70k mark.

The current price could be considered even a Dip due to the result we are to experience after the halving, a good pump and ATH awaits every investor. So, let's take opportunity of the market now and accumulate more, it's not a probability of if we get good ROI, it's something that must happen.
full member
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Merit: 228
April 05, 2024, 01:22:08 AM
#96
For those of you out there who are planning on buying more coins
like me when the market dips, have you guys set a target price where
you will buy?

The price has not yet reached what is ideally the price I would want to
buy bitcoin in despite its recent decline and I am wondering if will
bitcoin still go down to at least $50k?

Investments must be planned, without planning you will face losses. Because you need to plan how long-term your investment will be, maybe for a few years, for a few months, and for a few weeks. But of course, if Bitcoin enters the deep market, I will buy Bitcoin for sure.

you did not give any help to OP's question instead you have just mentioned what have been said by others for long time now and that is plan and buy when there is a deep.
and also  people are just jumping to buy or hold without understanding the real meaning of investing.
buying in deep does not mean you are in great position because you must also know when to sell and how strong to keep those funds inside you pocket for safe keeping while the market is still in positioning.
sr. member
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April 05, 2024, 12:34:55 AM
#95
Why taking risks bro? We know that we are dealing now with Bitcoins. Hence it’s always ideal to just buy the coins without thinking of the price. We have known Bitcoins are very capable and we also know that these coins are limited in numbers. Hence it’s ideal for us to accumulate as many as we can these rare coins. If you wait for the dip, you might miss the golden chance to buy the coins. Hence, don’t greed for more and buy the coins now.

If Bitcoin dips again some people will still not buy but they are the ones saying Bitcoin should dip that they're ready to buy. Investors that want to own Bitcoin will buy Bitcoin in spite of the market condition because they know that the market is unpredictable. Bitcoin will dip again because that's how Bitcoin does but when it dips don't be among those individuals that'll be procrastinating that they're going to wait to buy Bitcoin when it dips down again. We are about entering a happy time for Bitcoin because the price will see alot of growth after the halving. Accumulate Bitcoin through DCA and you won't be concerned about the prices dipping or not. Bitcoin price is seeing some pullback and the price might go back to $60k but I would not be concerned about the short term dips.
How do you know that most people or some people will not buy bitcoin even if the price of bitcoin goes down? There are many people who wait for the price of bitcoin to drop and when they see that the price of bitcoin has dropped they are ready to buy bitcoin. I think a true investor needs to pay attention to the bitcoin purchase price. When we buy bitcoins for investment we need to pay proper attention to the purchase price of bitcoins and set a fixed purchase price so that we can buy bitcoins for investment according to that price. But yes those who really invest in DCA method never wait for bitcoin price to drop. Because with DCA method you can buy bitcoin anytime and deposit it for investment.The goal of most bitcoin investors is to buy more bitcoins when they see the price of bitcoins going down and then sell them when they see the price of bitcoins going up and try to make some profit.
legendary
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April 05, 2024, 12:27:07 AM
#94
Well now that Bitcoin is not at a all time high it is wise for us to buy the cheaper coins. We know that price of Bitcoin is going to go back above $70,000. And I do think it will go even higher then this for the halving in a few weeks.

So I do think it is a good idea to stack satoshis for cheaper now. Bitcoin is now less then $67,000 so buying this dip will give you profits next 'bull run'.
sr. member
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April 04, 2024, 05:23:59 PM
#93
But one regret always in me is that if I had found bitcoin forum 2 years ago then I would have been a successful businessman. Anyway let's start from now.
Those who only always regret what happened in the past will never be able to succeed, let alone become a successful businessman. I bet you, if you don't dare to buy bitcoin at the current price of 65 thousand USD, you will never have the courage to buy bitcoin 10 years ago or 2 years ago. Even though Bitcoin is much more expensive than before, it is becoming much safer than before. And if you don't dare buy it now, what guarantee do you have that you will have buy it 2 years ago?

Those who did not buy before were those who did not have enough courage and did not dare to take risks, and now when they see the price of bitcoin increasing rapidly, they regret it. But if bitcoin crashes, they will be proud and think they made the right decision not to buy it, LOL.

A person can say anything and regret whatever he has gone through, but if he is not someone who dares to take risks then he will never dare to buy it at any price. That is a reality and I am sure this person would not take any greater risk than just wanting to be safe with his own choice.

Someone who understands risk will take investment risks wisely. There is no need to spend 100% of their budget to invest in bitcoin, but if they know that bitcoin can provide decent returns in the long run, then they will not ignore bitcoin regardless of its current price.

Bitcoin will always have Fluctuations and it does not mean that it will fall and stay there at that price level, no, for me things with the price of bitcoin may be that there will be bearish movements but it will not be enough for bitcoin collapse as many are Believing, in every market there are always good setbacks, corrections are for a healthy market, there is no doubt about that, but personally it is always good to do things right, there is no need to overextend yourself with things , the If you want to buy in each setback you would be giving your money a good Boost, because at any time the bitcoin will rise in price that is a fact, they will not be things that happen because yes, no, it is a fact that the price will grow and Those who Appreciate it are when they are not Buying right now because they are seeing each downward move as an Opportunity.
hero member
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April 04, 2024, 04:56:31 PM
#92
But one regret always in me is that if I had found bitcoin forum 2 years ago then I would have been a successful businessman. Anyway let's start from now.
Those who only always regret what happened in the past will never be able to succeed, let alone become a successful businessman. I bet you, if you don't dare to buy bitcoin at the current price of 65 thousand USD, you will never have the courage to buy bitcoin 10 years ago or 2 years ago. Even though Bitcoin is much more expensive than before, it is becoming much safer than before. And if you don't dare buy it now, what guarantee do you have that you will have buy it 2 years ago?

Those who did not buy before were those who did not have enough courage and did not dare to take risks, and now when they see the price of bitcoin increasing rapidly, they regret it. But if bitcoin crashes, they will be proud and think they made the right decision not to buy it, LOL.

A person can say anything and regret whatever he has gone through, but if he is not someone who dares to take risks then he will never dare to buy it at any price. That is a reality and I am sure this person would not take any greater risk than just wanting to be safe with his own choice.

Someone who understands risk will take investment risks wisely. There is no need to spend 100% of their budget to invest in bitcoin, but if they know that bitcoin can provide decent returns in the long run, then they will not ignore bitcoin regardless of its current price.
All matters with risk taking and acceptance to the outcome or result on which this is something a trait that you should really have as an investor or a trader because if you are someone who arent that just kind of type then this market isnt for you because you would really be facing up tons of trial and error on dealing up with an unpredictable market on which when it comes to changes and adjustments then there would really be tons.

The question in regarding if bitcoin would dip again? No one really knows and this is always been the main questions that we do have in mind or into this market, which it isnt really just that limited Bitcoin alone but also in other coins as well in the market. This is why we really do our very best on trying out to scoop into the bottom or all time low as much as possible because once you've done it then you would really be able to maximize  that possible profitability of yours.
Somewhat its really that easy to say or project out but once you are on the actual condition then finding that sweet spot is a pain in the ass to find out.

This is why buying opportunities could really be on different variations since not all would really be going for long term, on which there would really be those people who would go for short term.
legendary
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April 04, 2024, 03:33:17 PM
#91
But one regret always in me is that if I had found bitcoin forum 2 years ago then I would have been a successful businessman. Anyway let's start from now.
Those who only always regret what happened in the past will never be able to succeed, let alone become a successful businessman. I bet you, if you don't dare to buy bitcoin at the current price of 65 thousand USD, you will never have the courage to buy bitcoin 10 years ago or 2 years ago. Even though Bitcoin is much more expensive than before, it is becoming much safer than before. And if you don't dare buy it now, what guarantee do you have that you will have buy it 2 years ago?

Those who did not buy before were those who did not have enough courage and did not dare to take risks, and now when they see the price of bitcoin increasing rapidly, they regret it. But if bitcoin crashes, they will be proud and think they made the right decision not to buy it, LOL.

A person can say anything and regret whatever he has gone through, but if he is not someone who dares to take risks then he will never dare to buy it at any price. That is a reality and I am sure this person would not take any greater risk than just wanting to be safe with his own choice.

Someone who understands risk will take investment risks wisely. There is no need to spend 100% of their budget to invest in bitcoin, but if they know that bitcoin can provide decent returns in the long run, then they will not ignore bitcoin regardless of its current price.
member
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April 04, 2024, 03:24:50 PM
#90
It's natural that there are dips ahead, but there's more to itz the debate shouldn't be if there would be dips ahead, but how low those dips would be,  Bitcoin dropping significantly below 60k on its way to 100k, in my opinion is most unlikely.  Expecting dips is reasonable, but then the significance of those dips are the matters on ground, which I will say, wouldn't be significant drops
This is more of a discussion and prediction, mate, not as a debate that has no direction, because as you said, if there is a price decline in the future, that is quite normal. Because price corrections always occur in the market, which many people never expected before, so people who still want to continue buying can easily take advantage of this to be able to get it at a slightly cheaper price before it's too late. Likewise with the Bitcoin price prediction for $100K in the coming months, because it could also be possible to expect if the price movement starts again from $70K.
I got your thoughts there, and then, with regards to when is buy time in btc, you can't really just say an investor should wait for dips only to invest. Buying at dips, sure is a nice thing to do, but buying only at dips?? Nahh.
DCaing can't flow with that format. However the price fluctuates, you keep buying according to whatever you have allocated. During dips it's only natural for your aggression in buying Bitcoin to atleast spike a bit, but not that that point is the only place where you buy Bitcoin. So imagine that the coin never dips down to the point you bought last at or something, then what?
Seriously what I'm tryna say is this, buy Bitcoin now, hold, grab more at dips,  keep the cycle alive.
legendary
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April 04, 2024, 01:21:11 PM
#89
It's natural that there are dips ahead, but there's more to itz the debate shouldn't be if there would be dips ahead, but how low those dips would be,  Bitcoin dropping significantly below 60k on its way to 100k, in my opinion is most unlikely.  Expecting dips is reasonable, but then the significance of those dips are the matters on ground, which I will say, wouldn't be significant drops
This is more of a discussion and prediction, mate, not as a debate that has no direction, because as you said, if there is a price decline in the future, that is quite normal. Because price corrections always occur in the market, which many people never expected before, so people who still want to continue buying can easily take advantage of this to be able to get it at a slightly cheaper price before it's too late. Likewise with the Bitcoin price prediction for $100K in the coming months, because it could also be possible to expect if the price movement starts again from $70K.
legendary
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www.Crypto.Games: Multiple coins, multiple games
April 04, 2024, 12:24:33 PM
#88
I believe that these drops are fine and won't matter that much, we are probably going to see them do a lot better with time. This doesn't mean that we are going to make a ton of money, but the way we are looking at it, we should probably see it do differently eventually.

Just because it had a small drop, doesn't mean that it will keep being terrible, I bet that we are going to do a lot better with time, we just need to do a bit better for a while, and need to be patient about the price as well. I know that it is going to take some time to get there, but when we finally start the bull run I bet you that we are going to end up with a greater return. I hope that we could see something that could finally change and the price will skyrocket.
member
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April 04, 2024, 11:49:24 AM
#87
We can experience some corrections but knowing a dip again like we experienced last year, that seems impossible this time. Although we know that it was uncertain, still we believe that this year we're going to be bullish again, not bearish. If we think about buying and waiting for the dip, we'd rather change our strategy and take the usual corrections to accumulate some rather than wait for a huge correction/dip as we just waste our time doing it.

But IMO, this is not the right time for accumulating Bitcoin. It was supposed to be doing last year while the price was in the dip, not in this bullish condition. Of course, we can still make some profit but not that much if we are buying at a cheaper price.

This is one of the worst things I've heard on this thread.
So, this is your honest advice for intending investors.
'hey, don't buy now, the time's passed'.
Do not forget that the current price soon will no longer the current price given that Bitcoin will significantly rise , and then what would you be saying? 'Now's not the right time, you should have bought it last year'
Wow.
Whatever price you meet Bitcoin, buy. There's DCA method there that you can streamline to whatever you can afford. Unless you are a trader, with a different perspective. There's actually no reason to time the market if you're a long term investor given that, st the scale you measure, the current price isn't a significant unit, all that matters is your accumulation over your timeframe, and how much you can do that soonest.
member
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April 04, 2024, 11:40:20 AM
#86
It's natural that there are dips ahead, but there's more to itz the debate shouldn't be if there would be dips ahead, but how low those dips would be,  Bitcoin dropping significantly below 60k on its way to 100k, in my opinion is most unlikely.  Expecting dips is reasonable, but then the significance of those dips are the matters on ground, which I will say, wouldn't be significant drops
legendary
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April 04, 2024, 11:28:43 AM
#85
But IMO, this is not the right time for accumulating Bitcoin. It was supposed to be doing last year while the price was in the dip, not in this bullish condition. Of course, we can still make some profit but not that much if we are buying at a cheaper price.
Compared to last year, it is true that the price of bitcoin has increased a lot and buying bitcoin now will not be as profitable as buying bitcoin last year or in 2022. But what about new entrants to the market? If they hesitate and do not buy because they think the price of bitcoin is too high, they will no longer have the opportunity to buy bitcoin. Because I believe it is very difficult for bitcoin to fall below $50k or $40k. Meanwhile, bitcoin still has a chance to increase to 100k USD, so buying now is not too bad if we have long-term goals.
Just because it is "not as profitable", doesn't mean that it is not profitable, people should still look to invest into bitcoin no matter what because that would still lead them to some profit as well. I have to say that things are looking great to me because while we are dealing with something that looks quite profitable, we are also looking at a bull run that will be coming up. The situation we are having right now means that we are going to end up with a bull run due to halving, because after halving it is almost always a bull run.

So, if you buy right now then that means you are going to make some money in the end. I hope that becomes a reality, and that means buying right now is still the right thing to do, even if you fear it.
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