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Topic: Should I buy now or I should still wait for the dip? - page 2. (Read 1259 times)

legendary
Activity: 2632
Merit: 1212
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So why not have some at 25k, some at 23k, some at 20k, some at 17k and so forth? That way I would be buying along the way when it is going down, and wherever it stops, I will not be too late to buy, and already bought some on the way. That will definitely benefit people, I did sort of like that at 30k and 29k, but that doesn't mean that we are going to be right all the time, like me who bought at 29k but it went lower.

Ah but you can just buy again!

So we have a dip now, I sincerely hope that with this the people who were holding out
for "the dip" have actually bought it after waiting and waiting and havent partaken
in DCA.

Like I've been saying this entire thread, I think those posters generally aren't really even doing what they're claiming. Anyone serious enough is already doing DCA. Anyone who said at 30k they were waiting for the dip, I bet you, they're waiting for 20k now. And guess if they'll buy at 20k Wink

The price drop is a perfect opportunity to buy at a lower price.

And have you bought any? No point saying what everyone else knows, especially if you're not buying Smiley
legendary
Activity: 3164
Merit: 1213
Nobody thinks this is a great buy opp?
he is waiting for a couple of thousand before considering it dip, but the more she waits is the more she losses a chances.
buy now or buy never.
That will never happen at this stage. Even if it does, he won't have the time to buy it like he thinks he does. Crashes like that are sudden and will be extremely low liquidity. Even if he has a limit order which I doubt he has it won't be filled.

Classic error for newbies who think they can time, and then rally comes and they miss the ship Smiley
I think it does make sense to put an order at those levels in order to make sure that you buy it at the dip, but it would be smarter to have some spread across a lot of prices. Like do not have one for very little, I could put an order at 1k if it ever gets there, just in case, doesn't mean it I will get it.

So why not have some at 25k, some at 23k, some at 20k, some at 17k and so forth? That way I would be buying along the way when it is going down, and wherever it stops, I will not be too late to buy, and already bought some on the way. That will definitely benefit people, I did sort of like that at 30k and 29k, but that doesn't mean that we are going to be right all the time, like me who bought at 29k but it went lower.

Ah but you can just buy again!

So we have a dip now, I sincerely hope that with this the people who were holding out
for "the dip" have actually bought it after waiting and waiting and havent partaken
in DCA.

This recent dip was a perfect opportunity to buy cheaper Bitcoin and the chances of
sub $30k pricing will get les and less as we move closer to the halving and even the
six months prior tome frame.
The dip is completed unexpected and the price of bitcoin have fallen below 20 week average. The price have fallen 18% from the peak value registered on July. Sellers are in perfect control and there is no specific reason described as the reason for the crash in the market.

The price drop is a perfect opportunity to buy at a lower price. The price of bitcoin used to be bullish when we get close to halving. In connection to the halving there used to have some downturn in the market and from there bullish move takes place than bouncing from a higher price.
legendary
Activity: 2226
Merit: 1249
Nobody thinks this is a great buy opp?
he is waiting for a couple of thousand before considering it dip, but the more she waits is the more she losses a chances.
buy now or buy never.
That will never happen at this stage. Even if it does, he won't have the time to buy it like he thinks he does. Crashes like that are sudden and will be extremely low liquidity. Even if he has a limit order which I doubt he has it won't be filled.

Classic error for newbies who think they can time, and then rally comes and they miss the ship Smiley
I think it does make sense to put an order at those levels in order to make sure that you buy it at the dip, but it would be smarter to have some spread across a lot of prices. Like do not have one for very little, I could put an order at 1k if it ever gets there, just in case, doesn't mean it I will get it.

So why not have some at 25k, some at 23k, some at 20k, some at 17k and so forth? That way I would be buying along the way when it is going down, and wherever it stops, I will not be too late to buy, and already bought some on the way. That will definitely benefit people, I did sort of like that at 30k and 29k, but that doesn't mean that we are going to be right all the time, like me who bought at 29k but it went lower.

Ah but you can just buy again!

So we have a dip now, I sincerely hope that with this the people who were holding out
for "the dip" have actually bought it after waiting and waiting and havent partaken
in DCA.

This recent dip was a perfect opportunity to buy cheaper Bitcoin and the chances of
sub $30k pricing will get les and less as we move closer to the halving and even the
six months prior tome frame.
legendary
Activity: 2632
Merit: 1212
Livecasino, 20% cashback, no fuss payouts.
Classic error for newbies who think they can time, and then rally comes and they miss the ship Smiley
I think it does make sense to put an order at those levels in order to make sure that you buy it at the dip, but it would be smarter to have some spread across a lot of prices. Like do not have one for very little, I could put an order at 1k if it ever gets there, just in case, doesn't mean it I will get it.

So why not have some at 25k, some at 23k, some at 20k, some at 17k and so forth? That way I would be buying along the way when it is going down, and wherever it stops, I will not be too late to buy, and already bought some on the way. That will definitely benefit people, I did sort of like that at 30k and 29k, but that doesn't mean that we are going to be right all the time, like me who bought at 29k but it went lower.

Only serious or enterprise level traders set limit order mostly because you need to lock your capital. Then, most platforms also restrict you on the minimum/maximum level you ca limit at, in my experience only high level verified traders get a good % of current price (all the flash crash events resulted in this.

Newbies and amateur traders who're mainly posting these are too busy short term trading to keep aside limit order capital Wink

I keep saying, prove me wrong Tongue
full member
Activity: 2366
Merit: 207
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Trust me mate, start Buying now ., you have waste a month since you asked this in july , so please consider buying these days or else you will regret that.
Dip just happened over the last 24 hours and funnily enough, I don't see people rushing to buy but recovery looks like it's about to happen anyway.

Trick as usual is to guess if it goes even lower or if it can recover 30k.

Nobody thinks this is a great buy opp?
he is waiting for a couple of thousand before considering it dip, but the more she waits is the more she losses a chances.
buy now or buy never.
hero member
Activity: 2086
Merit: 513
Degens.bet - On-chain 1000x Futures
I think in this situation DCA is best for investors. Do not sold Your Coin just now. We saw Bitcoin price still decreasing, Now Bitcoin price is Near about $26k. I think it will more dump. So my advice we have to buy in every dump. It is better strategy for crypto investment. Cryptocurrency market is always unpredictable it could pump anytime. So DCA is best strategy for every investors. My analysis telling ot could be come $23k again and from there Bitcoin price will up again and first quarter of 2024 Bitcoin price will tough ATH and end of the 2024 Bitcoin price will hit $100. So i think never anyone should sold his Bitcoin now. Wait for next Bull session.

While I don't know if bitcoin will go up or continue to fall in the coming days, I don't trust your analysis as I don't see technical analysis working well for bitcoin.  with what happened in the past few days, it broke everyone's analysis, no one made an accurate prediction with what happened.
But I totally agree with your DCA strategy, let's always buy at every dump.  it is the best solution for an unpredictable market like bitcoin.  

But the confusing thing is that many people do not want to use it, and they are always looking for the lowest price to buy while we all know it is impossible to know where is the bottom and where is the top of bitcoin.
hero member
Activity: 854
Merit: 1246
Investment has no specific period because the market is volatile and unpredictable, if you say that this is the best to to invest and the market suddenly shoot up before you purchase or the market deeply fall down to the bottom and at that time of two to three months you want to sell the bitcoin to pay bill what will you do? So you have to take time to make some research and surveys before you key into the market so that you will not be shacking. But to say the truth this period is also good to buy buy but please understand the market first.
full member
Activity: 574
Merit: 140
Chainjoes.com
I think in this situation DCA is best for investors. Do not sold Your Coin just now. We saw Bitcoin price still decreasing, Now Bitcoin price is Near about $26k. I think it will more dump. So my advice we have to buy in every dump. It is better strategy for crypto investment. Cryptocurrency market is always unpredictable it could pump anytime. So DCA is best strategy for every investors. My analysis telling ot could be come $23k again and from there Bitcoin price will up again and first quarter of 2024 Bitcoin price will tough ATH and end of the 2024 Bitcoin price will hit $100. So i think never anyone should sold his Bitcoin now. Wait for next Bull session.
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
Nobody thinks this is a great buy opp?
he is waiting for a couple of thousand before considering it dip, but the more she waits is the more she losses a chances.
buy now or buy never.
That will never happen at this stage. Even if it does, he won't have the time to buy it like he thinks he does. Crashes like that are sudden and will be extremely low liquidity. Even if he has a limit order which I doubt he has it won't be filled.

Classic error for newbies who think they can time, and then rally comes and they miss the ship Smiley
I think it does make sense to put an order at those levels in order to make sure that you buy it at the dip, but it would be smarter to have some spread across a lot of prices. Like do not have one for very little, I could put an order at 1k if it ever gets there, just in case, doesn't mean it I will get it.

So why not have some at 25k, some at 23k, some at 20k, some at 17k and so forth? That way I would be buying along the way when it is going down, and wherever it stops, I will not be too late to buy, and already bought some on the way. That will definitely benefit people, I did sort of like that at 30k and 29k, but that doesn't mean that we are going to be right all the time, like me who bought at 29k but it went lower.
legendary
Activity: 2632
Merit: 1212
Livecasino, 20% cashback, no fuss payouts.
At the present level, do you think the bottom have been established? I'm just seeking your opinion and not really financial advise. Personally I feel it has been established but then, the market will do what it wants.

No, I think I made it clear before bottom has to come with a major bad event, which strangely hasn't happened yet. Luna and FTX collapses were bad but very short periods and not "global" enough. We need major disaster first.

Now is the decision whether you would really be buying on this dip or would really be waiting up for more lower price which its not been sure whether it would push through below or we
would be seeing some next in line recovery which its always been a normal situation that we do have in this market because the market cant really be just moving in one path.

All these guys ask pointless questions as if opinions change anyone's mind. Other posts say Elon Musk, so if he Tweets people will follow? Nobody who says they are waiting for right price will buy, it's all empty talk and the real buyers are just happily waiting AND buying.
hero member
Activity: 2856
Merit: 769
Nobody thinks this is a great buy opp?
he is waiting for a couple of thousand before considering it dip, but the more she waits is the more she losses a chances.
buy now or buy never.

That will never happen at this stage. Even if it does, he won't have the time to buy it like he thinks he does. Crashes like that are sudden and will be extremely low liquidity. Even if he has a limit order which I doubt he has it won't be filled.

Classic error for newbies who think they can time, and then rally comes and they miss the ship Smiley
At the present level, do you think the bottom have been established? I'm just seeking your opinion and not really financial advise. Personally I feel it has been established but then, the market will do what it wants.
There's no one would be able to identify whether the current price would be the bottom or not and its not something that could be known whether the price would be pointing into its lowest price as of this moment or would

really be able to go far more below with the current numbers that we do have now. This is why it would really be just that not easy if you do always look for the bottom but well it is really just that always a challenge on predicting prices because of this unpredictable behavior of this market, this is why we do hit or miss out certain conditions but if you are that someone who do really go for long term then these movements wont really be that an issue but since not all going for long term then this is why they would really be that mindful on short term approach.

Now is the decision whether you would really be buying on this dip or would really be waiting up for more lower price which its not been sure whether it would push through below or we
would be seeing some next in line recovery which its always been a normal situation that we do have in this market because the market cant really be just moving in one path.
full member
Activity: 294
Merit: 172
Nobody thinks this is a great buy opp?
he is waiting for a couple of thousand before considering it dip, but the more she waits is the more she losses a chances.
buy now or buy never.

That will never happen at this stage. Even if it does, he won't have the time to buy it like he thinks he does. Crashes like that are sudden and will be extremely low liquidity. Even if he has a limit order which I doubt he has it won't be filled.

Classic error for newbies who think they can time, and then rally comes and they miss the ship Smiley
At the present level, do you think the bottom have been established? I'm just seeking your opinion and not really financial advise. Personally I feel it has been established but then, the market will do what it wants.
legendary
Activity: 2632
Merit: 1212
Livecasino, 20% cashback, no fuss payouts.
Nobody thinks this is a great buy opp?
he is waiting for a couple of thousand before considering it dip, but the more she waits is the more she losses a chances.
buy now or buy never.

That will never happen at this stage. Even if it does, he won't have the time to buy it like he thinks he does. Crashes like that are sudden and will be extremely low liquidity. Even if he has a limit order which I doubt he has it won't be filled.

Classic error for newbies who think they can time, and then rally comes and they miss the ship Smiley
hero member
Activity: 2996
Merit: 609
I want to say one thing Bitcoin is a Good Investment in 2023 and the questions you ask about that I think are normal and reasonable. Well, try to role go back for a moment and pay attention to the performance of investors who have been successful before, i.e. long term Bitcoin Investors and they have done better and remember guys, Next Bitcoin Halving is Getting Closer and finally Bitcoin is Very Liquid and Affordable whenever you want sell back after you buy because BTC is traded 24 hours per day, 7 days per week. meaning do you exchange your Bitcoin for money anytime.

What Bitcoin investors are thinking about this year is not a sector that can be exchanged at any time, but a sector that has better and decent profits. Because in terms of exchanging it at any time, it has been very clear from the past that Bitcoin can indeed be exchanged at any time in the market as long as someone has it.

Because most investors when buying Bitcoin for the first time also use money from their respective countries which are then put into the market, so it is very logical in this case that what investors are thinking about now is long-term profits, not the problem of being able to exchange when just. And the proof of profits in the past can also be seen by many people if investors who often invest in Bitcoin for a certain duration, it can be said that they have won extraordinary wins through their own investments.
Long term or short term which it would really be that varying or depending on someones goals and preference on which we know that not all would really be holding for long term and would really be having plans on dealing with it on shorter term. We arent that dumb or numb not to see about Bitcoins potential in regarding on just seeing on what are the things that happened in the past.

When you are tending to buy then you would be always looking for the bottom and how to realize the bottom or how you would be able to know that spot? This is what everybody is really that
trying out to target on which since this market is that random and unpredictable then positioning would  really be random too on those points. Buying or selling decisions would be entirely
be depending on which your analysis is been telling. We do have different approach and analysis we do have and this is why decisions and positioning would really be varying.
Now that we are on some decline then its impossible that there would be no traders wont be seeing this as an opportunity.
hero member
Activity: 2520
Merit: 578
It's true, as you said, without planning in investing, if we don't have some planning, it will make us very greedy, we can't control ourselves in a fluctuating market, it will be very detrimental for us. I like your term the market is a battlefield only people who have special skills can win a battle. I think only stupid people don't want to be blamed, if people have a high sense of curiosity, of course they will learn if they fail.
In fact, this is not a term, but rather a common sense that must exist for everyone who likes to enter the market to trade for profit. Because without learning how to trade or how to invest and how to manage capital well enough, someone will experience something very unfortunate when losses come their way. So obviously there has to be some special expertise if we like to be in the market long term, but for investors I don't think they need to be in the market very long and often because they prefer to keep assets after buying at the price level they want.

I think the usual thing is if we invest and hope to get big profits, there is no word greedy for investors, of course people who buy bitcoin when the price is below $ 1 and then hold it until now are not greedy people, they are always patient and want to sell at a lower price higher, of course the risk always makes us vigilant.
Waiting and being patient is part of the struggle or effort on the part of the investors themselves so that they are not greedy people because they have tried their best when buying Bitcoin at low prices which maybe at that time not many people had the ability to do the same thing. So those who benefit from investment are also very much based on their own beliefs in terms of not having any hesitation to buy when they see that the price of Bitcoin has been at a cheap level.
legendary
Activity: 2632
Merit: 1212
Livecasino, 20% cashback, no fuss payouts.
Dip just happened over the last 24 hours and funnily enough, I don't see people rushing to buy but recovery looks like it's about to happen anyway.

Trick as usual is to guess if it goes even lower or if it can recover 30k.

Nobody thinks this is a great buy opp?
sr. member
Activity: 1526
Merit: 255
Investing without a specific plan and just entering the market with greed will always have bad results. But that is the law of financial markets, we cannot expect everyone to be equally wise. If there are no greedy and stupid people, who will become the liquidity pool for the market? It sounds harsh but that's what's going on. The marketplace is a battlefield, which means there will be winners and losers, without a marketplace, everyone wins.

But what's to blame here is when they lose because of their blind greed, but they blame the bitcoin scam instead of admitting they're stupid, as you said.
It's true, as you said, without planning in investing, if we don't have some planning, it will make us very greedy, we can't control ourselves in a fluctuating market, it will be very detrimental for us. I like your term the market is a battlefield only people who have special skills can win a battle. I think only stupid people don't want to be blamed, if people have a high sense of curiosity, of course they will learn if they fail.

I think the usual thing is if we invest and hope to get big profits, there is no word greedy for investors, of course people who buy bitcoin when the price is below $ 1 and then hold it until now are not greedy people, they are always patient and want to sell at a lower price higher, of course the risk always makes us vigilant.
hero member
Activity: 910
Merit: 789
I want to say one thing Bitcoin is a Good Investment in 2023 and the questions you ask about that I think are normal and reasonable. Well, try to role go back for a moment and pay attention to the performance of investors who have been successful before, i.e. long term Bitcoin Investors and they have done better and remember guys, Next Bitcoin Halving is Getting Closer and finally Bitcoin is Very Liquid and Affordable whenever you want sell back after you buy because BTC is traded 24 hours per day, 7 days per week. meaning do you exchange your Bitcoin for money anytime.

What Bitcoin investors are thinking about this year is not a sector that can be exchanged at any time, but a sector that has better and decent profits. Because in terms of exchanging it at any time, it has been very clear from the past that Bitcoin can indeed be exchanged at any time in the market as long as someone has it.

Because most investors when buying Bitcoin for the first time also use money from their respective countries which are then put into the market, so it is very logical in this case that what investors are thinking about now is long-term profits, not the problem of being able to exchange when just. And the proof of profits in the past can also be seen by many people if investors who often invest in Bitcoin for a certain duration, it can be said that they have won extraordinary wins through their own investments.
full member
Activity: 769
Merit: 108
Investing without a specific plan and just entering the market with greed will always have bad results. But that is the law of financial markets, we cannot expect everyone to be equally wise. If there are no greedy and stupid people, who will become the liquidity pool for the market? It sounds harsh but that's what's going on. The marketplace is a battlefield, which means there will be winners and losers, without a marketplace, everyone wins.

But what's to blame here is when they lose because of their blind greed, but they blame the bitcoin scam instead of admitting they're stupid, as you said.
It's true, as you said, without planning in investing, if we don't have some planning, it will make us very greedy, we can't control ourselves in a fluctuating market, it will be very detrimental for us. I like your term the market is a battlefield only people who have special skills can win a battle. I think only stupid people don't want to be blamed, if people have a high sense of curiosity, of course they will learn if they fail.
full member
Activity: 882
Merit: 215
#SWGT PRE-SALE IS LIVE
I want to say one thing Bitcoin is a Good Investment in 2023 and the questions you ask about that I think are normal and reasonable. Well, try to role go back for a moment and pay attention to the performance of investors who have been successful before, i.e. long term Bitcoin Investors and they have done better and remember guys, Next Bitcoin Halving is Getting Closer and finally Bitcoin is Very Liquid and Affordable whenever you want sell back after you buy because BTC is traded 24 hours per day, 7 days per week. meaning do you exchange your Bitcoin for money anytime.
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