Should I buy now or I should still wait for the dip? - page 5.

Latviand

full member

Activity: 1540

Merit: 219

Quote from: fuguebtc on July 27, 2023, 09:05:22 AM

Quote from: Latviand on July 26, 2023, 10:56:21 PM

~

I agree with you, I am also a non-believer in technical analysis and it's all predictions and no one knows what will happen in the future.

Oh no, I'm a believer in technical analysis as you might believe me to be but I am not, I just said that when you're doing your own research and thorough analysis, it will still be the same but I forgot to add that those stuff helps you in some way, I mean if you are confident about your analysis then might as well jump the shark and bet on your prediction right?

Quote from: fuguebtc on July 27, 2023, 09:05:22 AM

Quote from: Latviand on July 26, 2023, 10:56:21 PM

~

For me, there is no expert or analyst in the market, we are all the same when it comes to bitcoin price, and predictions can be right or wrong.

I wouldn't say that with an absolute certainty, becoming an expert in something doesn't mean that you're always right, you become an expert because of experience and if you are wrong then you can take that experience as a lesson so when that happens again, you know what might happen next or you know what to do next. Also, what should we call those people that are talking about the market and they know what they're talking about and we agree with what they talk? Aren't those people experts?

beerlover

legendary

Activity: 3052

Merit: 1188

Quote from: Marvell1 on July 27, 2023, 07:32:46 AM

If you invest a large amount, buying at $25k and $30k will have a significant difference, but if you invest with a small amount, it is true that there will not be too much difference. But I agree with you, it is a bad idea if we are too greedy and wait to buy low because bitcoin is unpredictable. While the bearish season is not over yet, there is no guarantee bitcoin will correct toward $25k or $20k again. Moreover, we have a DCA strategy, I wonder why many people don't use it and always ask for the lowest price to buy.

I feel like even when you are buying a large amount, the difference will be there but missing your chance would be even worse. Think about it this way, if you end up investing right when it's 30k, that would mean that you are going to make more than investing at 35k as well. So while chasing for 25k and waiting around, you could miss your chance to buy at 30k and be later to the party and get it at 35k instead and make less that way.

This is why I believe that it's going to be something very important and you should not worry about anything else at that moment. Realize that it's going to take a while to change that up and we should not be really considering that change all that much. I hope that people end up realizing that it's going to be a hard thing to miss, so in order not to regret the situation you should buy in whenever you can as quickly as you can as well. That's what I would have done, and it would be a smart choice, I have entered already for example.

fuguebtc

hero member

Activity: 1960

Merit: 537

Leading Crypto Sports Betting & Casino Platform

Quote from: Latviand on July 26, 2023, 10:56:21 PM

Quote from: Dr.Bitcoin_Strange on July 26, 2023, 10:19:38 AM

You are right, mate, the crypto market is usually and always dynamic, so there's no way one can tell what price is expected from now until the bull market, although some people are saying the price might likely drop below $27k, which I also don't doubt, but there's no guarantee for any price. For someone to win in a dynamic market movement, they need to just keep buying little by little, so that even when the price is high, they can just buy a small fraction, and any time the market has fallen to their desired price, they can spend any amount they want to buy with. Some investors don't even know the bottom when they see it. Some people will not buy Bitcoin even if the price falls to $28k today; they will change their minds and decide to wait for another price drop.

The people who say that that the price might drop at X USD and might go up at Y USD are all just predicting, even if they have an extensive research and thorough analysis, the market will always be unpredictable. Your advice of buying little by little in this kind of market seem kind of not a good idea to me, because I'm the kind of guy who wants to get in as much bitcoin at a certain price point with as much as I can afford. The people that don't want to buy even if the price continues to drop are the people that won't be satisfied and are indecisive when it comes to investing, they will never get in and always waiting for their right price.

I agree with you, I am also a non-believer in technical analysis and it's all predictions and no one knows what will happen in the future. For me, there is no expert or analyst in the market, we are all the same when it comes to bitcoin price, and predictions can be right or wrong. And again you are right, the people who are always waiting for the right price to buy are the ones who will never buy even if bitcoin drops much more. They are indecisive and greedy people so they won't buy even if the price has dropped as they wanted before.

fzkto

sr. member

Activity: 2282

Merit: 439

Cashback 15%

Quote from: Latviand on July 26, 2023, 10:56:21 PM

Quote from: Dr.Bitcoin_Strange on July 26, 2023, 10:19:38 AM

You are right, mate, the crypto market is usually and always dynamic, so there's no way one can tell what price is expected from now until the bull market, although some people are saying the price might likely drop below $27k, which I also don't doubt, but there's no guarantee for any price. For someone to win in a dynamic market movement, they need to just keep buying little by little, so that even when the price is high, they can just buy a small fraction, and any time the market has fallen to their desired price, they can spend any amount they want to buy with. Some investors don't even know the bottom when they see it. Some people will not buy Bitcoin even if the price falls to $28k today; they will change their minds and decide to wait for another price drop.

The people who say that that the price might drop at X USD and might go up at Y USD are all just predicting, even if they have an extensive research and thorough analysis, the market will always be unpredictable. Your advice of buying little by little in this kind of market seem kind of not a good idea to me, because I'm the kind of guy who wants to get in as much bitcoin at a certain price point with as much as I can afford. The people that don't want to buy even if the price continues to drop are the people that won't be satisfied and are indecisive when it comes to investing, they will never get in and always waiting for their right price.

It's a good way to buy in parts. And the truth is that no one knows what the price will be in a month or six months. The only correct thought should be that in less than a year there will be halving, and that in a few years the price will definitely be higher than it is now. The main thing is to set a target for when you will be ready to sell, so that you can buy cheaper again.

Davian144

hero member

Activity: 2576

Merit: 579

Quote from: Latviand on July 27, 2023, 04:01:24 AM

Nah, I don't think that your own analysis and research, it's in your best interest to still tread lightly unless you are certain that you're going to hit the jackpot when you trade although it's a different story depending on how your trade timeframe, if you're in it for the short-term then tread lightly but if not, then by all means trust your analysis and research.

Analysis and research will always be useful for a trader, be it a short term trader, or a long term trader. But it is true that traders in the short term make more sense if they get very light profits many times so that the amount will also be large in the end, while those who instill the idea of trading in the long term, will probably think more about bigger profits with more flexible use of time too, of course. But I personally really like these two methods because the end goal is to make a profit.

Marvell1

legendary

Activity: 2408

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: kotajikikox on July 27, 2023, 04:45:31 AM

Quote from: Ayebabara on July 17, 2023, 04:16:39 AM

Introduction:

I wanted to start my bitcoin investment journey but I look at it that the price is still high to start the investment and I am waiting for the price to go down to $20k to $25k or below.

what is the big difference from 20-25k to 30k? actually bitcoin price now is ranging from 29k so do you really need to wait that long before considering to start your investing or your journey ? what if this price not come as we are nearing halving? never become too greedy mate , a small difference is enough to start what you wanted to achieve as there are many of us has this same target before and admitted that they failed of their expectations and waiting.

If you invest a large amount, buying at $25k and $30k will have a significant difference, but if you invest with a small amount, it is true that there will not be too much difference. But I agree with you, it is a bad idea if we are too greedy and wait to buy low because bitcoin is unpredictable. While the bearish season is not over yet, there is no guarantee bitcoin will correct toward $25k or $20k again. Moreover, we have a DCA strategy, I wonder why many people don't use it and always ask for the lowest price to buy.

MarjorieZimmermanGinger

hero member

Activity: 1498

Merit: 802

Leading Crypto Sports Betting & Casino Platform

Quote from: Ayebabara on July 17, 2023, 04:16:39 AM

I wanted to start my bitcoin investment journey but I look at it that the price is still high to start the investment and I am waiting for the price to go down to $20k to $25k or below. Is that a procrastination? If yes, when is the best time to start the journey? Now that the price is still high? Will bitcoin go down again? The way it stand, it looks like it would not go down again until the next halvining and the bull to come. Bitcoin price was good to invest last year which was $16k to $19k but I was not having cash to start the journey but now that I have small cash let me start the investment.

You can set a buy price at the current conditions and if you are able to study bitcoin's previous journey, then the price of bitcoin was at a much higher price than it is now. This means that currently it is still in good shape to collect bitcoins and the price may decrease or increase again in the future. If you don't have a lot of capital then the DCA strategy can also be used to collect bitcoins. Your doubts about trying to buy at a certain price will disappear, when you study the history of bitcoin's previous journey and from there you will set off to draw conclusions.

Learn first how to make the right investment because for the accumulation process there are many ways you can use, one of which is the DCA method that many people use to buy bitcoin at a certain price on a regular basis. Investment decisions depend on how knowledgeable you are about bitcoin because that's where the confidence to get involved in investing is born.

kotajikikox

full member

Activity: 2548

Merit: 217

Quote from: Ayebabara on July 17, 2023, 04:16:39 AM

Introduction:

I wanted to start my bitcoin investment journey but I look at it that the price is still high to start the investment and I am waiting for the price to go down to $20k to $25k or below.

what is the big difference from 20-25k to 30k? actually bitcoin price now is ranging from 29k so do you really need to wait that long before considering to start your investing or your journey ? what if this price not come as we are nearing halving? never become too greedy mate , a small difference is enough to start what you wanted to achieve as there are many of us has this same target before and admitted that they failed of their expectations and waiting.

Latviand

full member

Activity: 1540

Merit: 219

Quote from: lienfaye on July 27, 2023, 12:26:21 AM

Quote from: Latviand on July 26, 2023, 10:56:21 PM

~

I agree. The market is unpredictable so we really can't pin point if we already reach the bottom or the price might start to climb up already. We're just speculating so it would be better to engage yourself based on your own analysis and understanding.

Nah, I don't think that your own analysis and research, it's in your best interest to still tread lightly unless you are certain that you're going to hit the jackpot when you trade although it's a different story depending on how your trade timeframe, if you're in it for the short-term then tread lightly but if not, then by all means trust your analysis and research.

lienfaye

hero member

Activity: 3010

Merit: 629

Quote from: Latviand on July 26, 2023, 10:56:21 PM

The people who say that that the price might drop at X USD and might go up at Y USD are all just predicting, even if they have an extensive research and thorough analysis, the market will always be unpredictable.

I agree. The market is unpredictable so we really can't pin point if we already reach the bottom or the price might start to climb up already. We're just speculating so it would be better to engage yourself based on your own analysis and understanding.

Quote from: Latviand on July 26, 2023, 10:56:21 PM

The people that don't want to buy even if the price continues to drop are the people that won't be satisfied and are indecisive when it comes to investing, they will never get in and always waiting for their right price.

That type of investor is waiting for the right time. However due to their worries that the price might plunged after buying, they can't decide when to enter. Well, if you're going to hold for long term, buying at anytime is fine (though much better if the price is declining). Just keep in mind to only invest what you can afford to lose. This way you don't have to rely on the money that you invest and won't get tired to wait even it takes a long period before you can gain.

Latviand

full member

Activity: 1540

Merit: 219

Quote from: Dr.Bitcoin_Strange on July 26, 2023, 10:19:38 AM

You are right, mate, the crypto market is usually and always dynamic, so there's no way one can tell what price is expected from now until the bull market, although some people are saying the price might likely drop below $27k, which I also don't doubt, but there's no guarantee for any price. For someone to win in a dynamic market movement, they need to just keep buying little by little, so that even when the price is high, they can just buy a small fraction, and any time the market has fallen to their desired price, they can spend any amount they want to buy with. Some investors don't even know the bottom when they see it. Some people will not buy Bitcoin even if the price falls to $28k today; they will change their minds and decide to wait for another price drop.

The people who say that that the price might drop at X USD and might go up at Y USD are all just predicting, even if they have an extensive research and thorough analysis, the market will always be unpredictable. Your advice of buying little by little in this kind of market seem kind of not a good idea to me, because I'm the kind of guy who wants to get in as much bitcoin at a certain price point with as much as I can afford. The people that don't want to buy even if the price continues to drop are the people that won't be satisfied and are indecisive when it comes to investing, they will never get in and always waiting for their right price.

dansus021

copper member

Activity: 2156

Merit: 983

Part of AOBT - English Translator to Indonesia

Quote from: ajiz138 on July 26, 2023, 01:19:37 PM

Would do that if had Cold money. Lol
Still a question Who knows the real Dip price? My own assumption of buying a Dip is in when prices are low when the bearish period continues sustained by buying large quantities at a moment's notice, but there are many ways they do with the word Dip.

This is true, only the DCA strategy is simpler than the dip, I do this method because it can do weekly or even once a month but it has become a routine.

Ahh, the wrong thing is buy high, sell low because of panic. Grin

Yes cold money hot money only for girl bruhhh

Only god can know the truth of "the dip" heheh. Anyway you doing DCA weekly you must have a ton of money. but that is great keep buy keep HODL Cool

.

Tho...
All in on Zeus slot would be better than DCA Grin

just opinion hahhahahahah

MFahad

hero member

Activity: 2506

Merit: 645

Eloncoin.org - Mars, here we come!

Quote from: Mr.suevie on July 23, 2023, 01:38:11 PM

For me everytime is a good time to buy so far as the price has not risen and touch a new ATH because if the price has reached that feat then it's probably best to hold with your investment and wait for the supposed bear market that follows the bull because if you buy at that particular time when the price is high you will eventually lose out because when the price starts dropping your investment capital will aslo drop drastically only except if you are prepared to hold for a very long time

Every time is good time but it depends on you that are you able to afford such a higher worth to buy bitcoin because bitcoin is already an expensive asset so when price goes up then everyone cannot buy it.

Other thing is that everyone is familiar with halving so if now one miss the chance to buy it then it's not sound good to buy during halving as we buy bitcoin only to get profit and after halving price will continuously goes down.

There is no guarantee then when price drops after halving then when it will come back to higher cost so better will be for everyone to buy now and get the benefit from halving when price will boost.

ajiz138

hero member

Activity: 1498

Merit: 785

Quote from: dansus021 on July 25, 2023, 07:57:41 PM

Quote from: Wend on July 24, 2023, 07:53:14 AM

1000% agree if you guys have money to buy bitcoin and then do it as long as the money is crazy cold and you are not going use it for couple of year.

and recently I just watched youtube made by PBS Two Cent on youtube, than wait for the dip it would be great to use DCA method and here is the video https://www.youtube.com/watch?v=3i0xitaOOps

just dont buy at the top and sell at the low

Would do that if had Cold money. Lol
Still a question Who knows the real Dip price? My own assumption of buying a Dip is in when prices are low when the bearish period continues sustained by buying large quantities at a moment's notice, but there are many ways they do with the word Dip.

This is true, only the DCA strategy is simpler than the dip, I do this method because it can do weekly or even once a month but it has become a routine.

Ahh, the wrong thing is buy high, sell low because of panic. Grin

Dr.Bitcoin_Strange

hero member

Activity: 770

Merit: 538

Leading Crypto Sports Betting & Casino Platform

Quote from: Wend on July 24, 2023, 07:53:14 AM

I recommend buying as soon as you have the money, waiting for the price to drop is pointless because no one knows what the future holds. Many people also missed the bottom of bitcoin when it dropped to $15k last year and they waited for another drop, but in the end they missed the bottom and had to buy at a higher price. Why don't you buy now and use DCAing? The longer you procrastinate, the further away the opportunity is.

You are right, mate, the crypto market is usually and always dynamic, so there's no way one can tell what price is expected from now until the bull market, although some people are saying the price might likely drop below $27k, which I also don't doubt, but there's no guarantee for any price. For someone to win in a dynamic market movement, they need to just keep buying little by little, so that even when the price is high, they can just buy a small fraction, and any time the market has fallen to their desired price, they can spend any amount they want to buy with. Some investors don't even know the bottom when they see it. Some people will not buy Bitcoin even if the price falls to $28k today; they will change their minds and decide to wait for another price drop.

Questat

hero member

Activity: 2982

Merit: 610

Quote from: justdimin on July 26, 2023, 04:50:30 AM

Quote from: Smack That Ace on July 24, 2023, 07:17:19 AM

Good time to buy is when price hasn't crossed the old ATH, and that's when we have money, because even if the price falls further but if we don't have money, there is nothing we can do. One more thing, there is no guarantee that the halving is approaching that the market will rise without falling and conversely, bitcoin is always unpredictable. Therefore, before investing must always draw up a plan and follow the plan, we will not be confused and panic.

I agree to this. When you buy around these prices that means we are going to eventually be over the ATH price again and that means you are going to more than double your money as well, that's an important thing and everyone should consider it as an important part of your investment. I know that not a lot of people see it that way but that's how it should be done.

Unfortunately too many people see it at the low price and think that they should stay away from it but they are making a mistake. Seeing the price low doesn't mean that it should not be bought but more like it is going to end up with something that is going to change things. That way you could buy at the low dip price and you are going to end up profiting.

The price wasn't convincing enough for them and certainly, they won't see an opportunity to double their money when the new ATH comes. Because what they need is assurance and they only just buy when the bull season comes. It is somewhat very unfortunate but that really happens and that is what we expect from those who are impatient and not long-term investors. So, it was not surprising that many had come to rejection. But those who understand the situation and see the dip as an opportunity will consider buying as the best thing to do.

justdimin

hero member

Activity: 3164

Merit: 675

www.Crypto.Games: Multiple coins, multiple games

Quote from: Smack That Ace on July 24, 2023, 07:17:19 AM

Good time to buy is when price hasn't crossed the old ATH, and that's when we have money, because even if the price falls further but if we don't have money, there is nothing we can do. One more thing, there is no guarantee that the halving is approaching that the market will rise without falling and conversely, bitcoin is always unpredictable. Therefore, before investing must always draw up a plan and follow the plan, we will not be confused and panic.

I agree to this. When you buy around these prices that means we are going to eventually be over the ATH price again and that means you are going to more than double your money as well, that's an important thing and everyone should consider it as an important part of your investment. I know that not a lot of people see it that way but that's how it should be done.

Unfortunately too many people see it at the low price and think that they should stay away from it but they are making a mistake. Seeing the price low doesn't mean that it should not be bought but more like it is going to end up with something that is going to change things. That way you could buy at the low dip price and you are going to end up profiting.

dansus021

copper member

Activity: 2156

Merit: 983

Part of AOBT - English Translator to Indonesia

Quote from: Wend on July 24, 2023, 07:53:14 AM

I recommend buying as soon as you have the money, waiting for the price to drop is pointless because no one knows what the future holds. Many people also missed the bottom of bitcoin when it dropped to $15k last year and they waited for another drop, but in the end they missed the bottom and had to buy at a higher price. Why don't you buy now and use DCAing? The longer you procrastinate, the further away the opportunity is.

1000% agree if you guys have money to buy bitcoin and then do it as long as the money is crazy cold and you are not going use it for couple of year.

and recently I just watched youtube made by PBS Two Cent on youtube, than wait for the dip it would be great to use DCA method and here is the video https://www.youtube.com/watch?v=3i0xitaOOps

just dont buy at the top and sell at the low

Quidat

hero member

Activity: 2688

Merit: 540

DGbet.fun - Crypto Sportsbook

Quote from: savetheFORUM on July 24, 2023, 03:48:16 AM

Quote from: Quidat on July 23, 2023, 01:22:23 PM

Buying and selling could really be having that different moment or time that we should do unless if we are going for long term aspect then we wont really be selling any coins at all but doesnt mean
that we shouldn't really be mindful about our entry.Just like been said that it is really that important on having that kind of entry which it should really be that low in price so that we could really be able to maximize profitability on which it is really our main priority or concern because if we do enter on the higher price then it would be less but due to unpredictability of market price then it cant really be avoided to commit out errors and mistakes when it comes to this. This would really be a tough decision when it comes to buying moment specially if you do see the price is going down.Yes, we are really that indeed waiting for the dip but we know that on the time that we are on there, we do have already those doubts and fears on which we cant really be even so sure about the price.
This is why its not really that something new that you would really be missing out lots of opportunities just because you do keep on waiting on the lowest price as possible.
This is why decisions would really be made will definitely be basing up on what you had analyzed or reconsider.

There are obviously good and bad times in the crypto market and those times are when we should buy and sell, but waiting very long for a specific time to either buy or sell will only make you waste your time, so it's better to simply make use of the time when it's here instead of waiting, if you want to buy, don't wait for the perfect time because there is no perfect time in the market, so you should better start doing DCA as soon as you can instead of waiting.

Even the experts who understand the market very well and know how to do analysis in a good way cannot time the market perfectly and even they can make wrong predictions some times, so they make use of the times and opportunities that they get along the way even if they have a specific target in mind.

And this is why its really that important that you should really be that expecting the unexpected because the market is never been that unpredictable on which price could neither would be going down
or not and its up to you whether you would be waiting for the dip or not.This is why on every decision you would make there would really be a specific risks that it would be having.
Its up to you whether you would really be waiting for the dip or not because not all would really be going with those technical analysis that had been made. Its not really that precise most of the
time if we do speak about those analysis but its better to have it rather than on having nothing at all. We know that nothing beats out on making investment decisions basing up with analysis
and something not really just taking without having those preparations which could be considered as pure gamble.

STT

legendary

Activity: 4088

Merit: 1452

All of this is the dip, cant be clearer then that. Most people dont get all their money at once, for most its income saved and I would just buy according to some percentage of that. Now is a reasonable time to take an interest, if people could buy BTC at 50k and find it reasonable then really we've only experienced a speculative pullback which is normal and happened many many times prior before recovering etc.

Topic: Should I buy now or I should still wait for the dip? - page 5. (Read 1298 times)