Topic: Should I buy now or I should still wait for the dip? - page 7. (Read 1305 times)
Many people want to buy but are always worried and ask whether the current price is worthy of buying or waiting for a low price again, and in my opinion as long as we have good finances then immediately buying is the right decision rather than waiting, I'm sure the price will be difficult to go down again because of the effect halving day begins to feel right now.
As it is said, bitcoin price rised to $20+k from late last year after the bear market and in this year the price rises to $31k, so what is your speculation on the price before the end of the year?
I avoid making price predictions for the end of the year because there may be many developments that we do not know. It may be the best decision to follow the market and buy at a price you set.
Halving is approaching, so many people expect the price of Bitcoin to increase. This may not be 100% correct, but I also think the Bitcoin price will increase. Every investor should have a buying point of his choice. You know your own financial situation. Make the decision yourself rather than the price estimates of others.
Fundamentals and technical analysis suggests that you should start buying and stop asking for the dip/bottom. Nobody knows it anyway, and even if some users here will give you their predictions if you're not convinced, you will not going to follow it anyway.
It's hard to find the bottom and it's even harder now that we are closely approaching to the next halving, which everyone are anticipating for another bullrun. So, your chances might be now or in the next couple of years. We could already be at the bottom currently at $30k, I don't think we'll fall further @25k either now that most bitcoin holders and traders are gradually accumulating more fractions.
Good luck!
It's hard to find the bottom and it's even harder now that we are closely approaching to the next halving, which everyone are anticipating for another bullrun. So, your chances might be now or in the next couple of years. We could already be at the bottom currently at $30k, I don't think we'll fall further @25k either now that most bitcoin holders and traders are gradually accumulating more fractions.
Good luck!
In my opinion you should buy at this time and should not wait for more dip because the market is going to pump more as bull season is coming very soon. If you are waiting for buying at more dip then may be after sometimes you will regret to wait because price is going up.
This time is good time for buying as everyone knows that price is volatile and no one knows that when it will rise or when it will fall. But according to estimations there will be more increase because of the acceptance by the people and demand for it.
This time is good time for buying as everyone knows that price is volatile and no one knows that when it will rise or when it will fall. But according to estimations there will be more increase because of the acceptance by the people and demand for it.
Literally, no one can know exactly how the market will react in the future, and no one can know when is the right time to invest, it is just that you do some research and analyze the facts and charts to have a close estimate of when you should invest and when you shouldn't, but even after that, you still might buy at a higher price and the price might dip again later on, so you never really know the outcome of the market and that is why you should buy when you feel the time is right.
Generally, if we see the long-term behavior of the market and Bitcoin specifically, we will come to know that it goes up even after a big crash, so even if you manage to buy a bit high and the market dips after you've bought, there is nothing to be worried about since it will eventually recover.
Generally, if we see the long-term behavior of the market and Bitcoin specifically, we will come to know that it goes up even after a big crash, so even if you manage to buy a bit high and the market dips after you've bought, there is nothing to be worried about since it will eventually recover.
I don't think BTC will drop below $30k this time. I mean, you should make your own decision, I'm just sharing my opinion. I'm buying it now to be prepared for the pump.
Anything and everything can happen. If the demand to accumulate Bitcoins decreases among the people, then no one can stop Bitcoins from falling down in it’s price. Bitcoins follow the policy of supply and demand, hence the price increases if the demand to buy it increases and the vice versa happens. If you ask me for the perfect time to buy, then let me make you clear that, there is no perfect time to buy Bitcoins. These coins are limited in numbers. So buy as many coins as you can irrespective of the price and hold for minimum 1 and half years. Definitely you will see 2-3x the profit.
I don't think BTC will drop below $30k this time. I mean, you should make your own decision, I'm just sharing my opinion. I'm buying it now to be prepared for the pump.
This is why he is here with us, with this post/thread because he can't decide for himself so he wants our opinion instead if what actions he must be doing. For now maybe BTC won't drop below $30k but later on, I still believe it can, so I suggest the OP to wait for it if he wants some discounts. The halving time or the bull time is still a long way to go so I'm confident about my prediction.For those who will buy early like you, you can still hold hard if the price declines so that you will avoid losing and maybe on top of that you can continue buying for more. It is only wrong to buy when the price is at their highest peak already because after that is usually followed by a bear market and it will take a long time for us to see recovery or a bull run again.
The possibility of BTC falling below $30k or even $25k is always possible at any time, market movements are unpredictable, and there are no guarantees. But waiting for the price to drop more to buy is a bad idea when we can use the DCA strategy. Why don't you use DCA, and if your prediction is incorrect, the market doesn't drop and bounce from here, you'll miss the train and have to buy at a higher price. BTC under $30k is still a very good price to buy, don't hesitate to accumulate whenever possible.
Right now seems bitcoin ideal in dip price, you can buy all in with your fund or spent until three entry investment for protecting if bitcoin going down later.
It's true, the market is still not normal and there is still a chance for correction. we have to deal with the installment system. like you said, prepare fresh funds, and enter with the proportions that have been previously set and not All in. Good advice guys. example today. set Buy BTC at price $29K 30% from our fund. If the correction continues, enter another 30$ at a price of $28.4K and so on.
Maybe there's no normal thing if we talk about the price changes of bitcoin since the price is volatile and that make this coin unpredictable. And eventhough with that we can still look forward with the current price since still there are chance thay we can trade depends on the position we like. But also we should monitor very well since if we keep on passing maybe we could miss the time where bitcoin price is so low so act and trade to know the market movement then earn if there's a chance that you can take your profit.
Right now seems bitcoin ideal in dip price, you can buy all in with your fund or spent until three entry investment for protecting if bitcoin going down later.
It's true, the market is still not normal and there is still a chance for correction. we have to deal with the installment system. like you said, prepare fresh funds, and enter with the proportions that have been previously set and not All in. Good advice guys. example today. set Buy BTC at price $29K 30% from our fund. If the correction continues, enter another 30$ at a price of $28.4K and so on.
I don't think BTC will drop below $30k this time. I mean, you should make your own decision, I'm just sharing my opinion. I'm buying it now to be prepared for the pump.
This is why he is here with us, with this post/thread because he can't decide for himself so he wants our opinion instead if what actions he must be doing. For now maybe BTC won't drop below $30k but later on, I still believe it can, so I suggest the OP to wait for it if he wants some discounts. The halving time or the bull time is still a long way to go so I'm confident about my prediction.For those who will buy early like you, you can still hold hard if the price declines so that you will avoid losing and maybe on top of that you can continue buying for more. It is only wrong to buy when the price is at their highest peak already because after that is usually followed by a bear market and it will take a long time for us to see recovery or a bull run again.
One who always looks out for a best time to buy when the market dips is one who is likely not to get the chance to buy at all. It’s the first step towards procrastination and eventually they never get to buy.
The bitcoin market is one of the most difficult to predict without any accurate source of information on market movers and you can’t depend largely on technical analysis to paint the full picture of what’s going to happen in the market.
The best approach for beginners has always been to DCA and have a long term plan towards keeping your asset. The price of bitcoin is still affordable and the time remains right still. There is very little reason to wait as, we are expecting a bullrun that would as well take price to yet a new ATH.
The bitcoin market is one of the most difficult to predict without any accurate source of information on market movers and you can’t depend largely on technical analysis to paint the full picture of what’s going to happen in the market.
The best approach for beginners has always been to DCA and have a long term plan towards keeping your asset. The price of bitcoin is still affordable and the time remains right still. There is very little reason to wait as, we are expecting a bullrun that would as well take price to yet a new ATH.
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?
In my opinion, I doubt Bitcoin will ever drop below $25k again, let alone below $20k. Because at this time, the price of Bitcoin has started to rise and it has entered Q3. Even though I'm also not 100% sure, if you look at the current trend and also the cycles from the charts in the market, it seems quite difficult to drop again, unless there is another large FUD which is very influential on the market. If it's $26k it's still possible, although I'm not sure. Because when there was FUD yesterday, the price of Bitcoin did not drop so drastically. So, what are you waiting for?In my opinion, investing in Bitcoin requires some sort of the right strategy, and DCA is the wisest. Because we can kind of make purchases little by little at certain rates, so we don't just wait for prices to drop which later turns out to be too late to buy and ultimately regret it. buying Bitcoin doesn't have to be 1BT, so you can start doing DCA instead of having to wait for the price to drop below $20k which seems impossible.
It is impossible to know what will be the bitcoin price tomorrow. Moreover, most of the time a tentative decision is taken by reviewing various facts and figures. Sometimes that assumption may work and sometimes it may not. When the market is in a bit of a bearish trend, some investors think that it has the potential to go dipper than the current price. Again when the market is bullish bitcoin price may be bullish. But it really depends on an investor what he wants to do with Bitcoin. If he is a short-term trader, he can certainly take any decisions around the sudden and rapid changes in the market. And if he wants to hold Bitcoin for a long time, he should buy the current price. Above all, a buyer has to decide according to the market conditions.
buying in this market is indeed relies on what kind of investor you are. a short-term or long-term. and also the financial capability of the person himself. better not to go into this market if you only have money for your basic needs. you know what am saying here? there's no right or wrong entry in this market. so long you are practicing the simple rule of trading - buy low, sell high. you won't get screwed. however, do remember that it is not that easy to implement in actual scenario.
We found every where about recommended investing in bitcoin is Buy the Dip, can't predict when right time bitcoin on dip price because have some moment after our predicting bitcoin have been in dip but later make new dip. Its not wrong about recommended buy in the dip but we have not spent all fund to but in the one kinds bitcoin price. Make few percent difference between first and second investment in bitcoin, have chance for buy on another dip when bitcoin going down after first investment.
Buying on dips is a good strategy - but it's even more perfect if you combine it with DCA. Buy on the dip and do DCA - then you just need to focus on holding in the long term and exiting when your get a profit what your desired target.OP - looks like this thread is worth moving to the trading discussion as there is a lot of discussion about trading or investing strategies.
Bitcoin Forum > Economy > Trading Discussion
No one can see into the future of Bitcoin or any other cryptocurrency with any degree of accuracy. Nothing can be said with any assurance about it. Buying high and selling low may make anyone nervous, and that fear is understandable. This is not a ride for the weak of stomach. However, a technique known as DCA can help. You commit to frequent, predetermined Bitcoin purchases regardless of market fluctuations. It disperses your vulnerability and could be the key to your success.
The answer to your query of whether the market is in a bear or bull phase is, lets be honest, highly speculative. There is a lot of talk, and most of it is just rhetoric. Best recommendation? Focus on the fundamentals: Dont listen to every Tom, Dick, and Harry on the internet; instead, do your own study, invest only what you can afford to lose, and pray.
The answer to your query of whether the market is in a bear or bull phase is, lets be honest, highly speculative. There is a lot of talk, and most of it is just rhetoric. Best recommendation? Focus on the fundamentals: Dont listen to every Tom, Dick, and Harry on the internet; instead, do your own study, invest only what you can afford to lose, and pray.
We found every where about recommended investing in bitcoin is Buy the Dip, can't predict when right time bitcoin on dip price because have some moment after our predicting bitcoin have been in dip but later make new dip. Its not wrong about recommended buy in the dip but we have not spent all fund to but in the one kinds bitcoin price. Make few percent difference between first and second investment in bitcoin, have chance for buy on another dip when bitcoin going down after first investment.
Right now seems bitcoin ideal in dip price, you can buy all in with your fund or spent until three entry investment for protecting if bitcoin going down later.
Right now seems bitcoin ideal in dip price, you can buy all in with your fund or spent until three entry investment for protecting if bitcoin going down later.
Bitcoin is still affordable as we speak, there will be some retracement but don't sit on your hands thinking that 10k Bitcoin is coming, you will miss out and regret later, buy what you can right now and keep accumulating, there is a lot of strength in the market and also a lot of weakness, there is no point looking for a better opportunities when you don't even know what tomorrow might bring, the future will forever remain unpredictable, so be smart at least to start buying some Bitcoin now, all I know is it will be too late to buy when the next halving is over, now there is still a lot of time left.
Introduction:
Bitcoin is a digital currency that can be used in different ways, both in buying and selling of goods through per-to-per transfer and also in investment which many users of bitcoin are interested. People invest in bitcoin because it flustrates in price either the bearish that people buy and in the bull that they sell. Bitcoin also trend in the eco-space that everyone who is good in the latest technological ideas in the world key into it. Therefore, I should not be exempted for joining the trend and start my journey. I am also aware of the risk that is involved but that will not be an excused to the journey. What's matter is the determination. The price of bitcoin is unpredictable but yet people guest it correctly. Bravo for those guys.
For the crypto space, some people prefer trading to investment while some prefer investment to trading which I might also fall unto and some are for mining.
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.
We cannot fully predict the future price of bitcoin, so if you really want to start investing now, you can start with a small amount that you can. Don't lose hope in it; either you buy and the price dip down or it pumps, if you can do that for a long time there's nothing to worry about. Remember that investing in bitcoin is not just about losing money. If you buy bitcoin, the price may rise above your expectations or it may dip, if you want to start investing at this moment you can go ahead the choice is yours. Bitcoin is a digital currency that can be used in different ways, both in buying and selling of goods through per-to-per transfer and also in investment which many users of bitcoin are interested. People invest in bitcoin because it flustrates in price either the bearish that people buy and in the bull that they sell. Bitcoin also trend in the eco-space that everyone who is good in the latest technological ideas in the world key into it. Therefore, I should not be exempted for joining the trend and start my journey. I am also aware of the risk that is involved but that will not be an excused to the journey. What's matter is the determination. The price of bitcoin is unpredictable but yet people guest it correctly. Bravo for those guys.
For the crypto space, some people prefer trading to investment while some prefer investment to trading which I might also fall unto and some are for mining.
To What Extent Bitcoin Price Will go for the Bear Market
Bitcoin start the year 2023 with a good price and the price in in this year is much more better than last year 2022 and those who invested last year 2023 would not say that this year do does not favour them. And we have spent 7 month in this year and the price of bitcoin right now is $30,277 that is, the price is sliding down compare to last week. So where do you think the price of bitcoin will end for the bear market before this year will end?To What Extent Bitcoin Price Will go for the Bull Market
As it is said, bitcoin price rised to $20+k from late last year after the bear market and in this year the price rises to $31k, so what is your speculation on the price before the end of the year?Simply invest for a long time, and the price of bitcoin will come as a surprise to you. If you plan to start investing for short periods of time, you won't be able to make the kind of large profits that people who invest for long periods of time can, so my advice to you is to invest with the little you have for a long time in order to make a large profit.
Due to its extreme volatility, predicting the behavior of Bitcoin with certainty is impossible. Therefore, no one can definitively advise you to buy at the current moment or wait for a dip. As a financial decision, it ultimately rests on your shoulders. Set your own objectives and proceed accordingly. Success in achieving your targets depends on the whims of luck. The reality is that there are no foolproof methods for making perfect predictions in this realm; it involves taking risks and being prepared for potential outcomes.
Currently, Bitcoin is going to be a household name. By household, I mean that more and more people are starting to know what Bitcoin is.The more people know about Bitcoin, the more people will accept Bitcoin. It will be the main currency when everyone accepts it. However, the number of accepted people is increasing day by day, we have seen in the past years that Bitcoin is getting more popular than it was in the past. Investing in crypto should be on every smart person's list now, in a few months you'll be glad you made the decision you made today. 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.
If you have the money ready to invest you can simply start buying little by little month after month. You must understand that there is no way to know if and when bitcoin will go back at $20-25k, it could happen tomorrow just like it could never happen again and you would completely miss your entry opportunity. Right right bitcoin is like 60% below the previous ATH, it's not a bad price in my opinion.To What Extent Bitcoin Price Will go for the Bear Market
Bitcoin start the year 2023 with a good price and the price in in this year is much more better than last year 2022 and those who invested last year 2023 would not say that this year do does not favour them. And we have spent 7 month in this year and the price of bitcoin right now is $30,277 that is, the price is sliding down compare to last week. So where do you think the price of bitcoin will end for the bear market before this year will end?there are a lot of people that got left behind because of the waiting game, waiting for the dip and turns out that is already the dip and then it starts to bull, you are right to accumulate it overtime, if you have spare money or add to your budget plan that this amount goes to investing to bitcoin rather than waiting on the dip, no matter what is the price or you can like try to learn to read charts on where best to buy it but again it is better to buy it on monthly basis coming from your savings so that you won't left behind.
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