Topic: Should I buy now or I should still wait for the dip? - page 8. (Read 1305 times)

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.

As you have already mentioned in your post, the price of bitcoin was approximately $16k to $19k last year, but the pricing is not the same now. Bitcoin is now more expensive than it was last year. That merely demonstrates and indicates that the longer you wait for the price of Bitcoin to decrease, the more likely it is to do the opposite and rise in price.

Having said that, there isn't a discounted rate for someone looking to buy Bitcoin for a long time. Waiting patiently for the price to fall, may seem is not forthcoming as expected. It will be preferable to invest only the amount you can afford to lose. Since the $20k and $25k seems like it is not coming soon.

Invest while you still have the chance because, as the year draws to a close, Bitcoin may rise to $35,000-$40,000

Why do you think BTC price is high now? You must understand that its ATH is about $68k-$69k, the current price isn't a half of its ATH ($29-$30k). So, I think the current price of BTC is still cheap. If you expect to buy when the price is below $25k or even below $20k, I think it won't happen again. IMHO, BTC price won't drop below $25k again, it looks quite stable to survive above $30k. Even if it may drop below $30k, it is likely to stay above $25k.

Don't feel disappointed! You still have a chance to buy at a cheap price. Although you missed the opportunity to buy below $20k, you probably still have a chance to buy below $30k. Just wait for the next dump, I'm sure there will be a dump after a pump of Bitcoin price in the last few days. You can buy Bitcoin gradually, don't spend all your money at once.

The market is volatile and we can't be so sure about the price movements. When we look for an opportunity to buy, we don't see the price moving downward. This is some sort of experience that everyone could've felt. So, when you prefer to buy, just fix a target and go for it. If the target isn't reached, you could prefer to follow the DCA technique which helps you buy at an average price.

There is nothing wrong with believing that the price of Bitcoin is high right now and planning to wait for it to drop to $20k–$25k before investing, but in all seriousness, it is very difficult to predict the price of Bitcoin. However, I believe that when you have good knowledge and can able to do some good analysis about Bitcoin, that will guide you and help you stay on track.

Many people have made numerous attempts to timing the Bitcoin market in order to purchase at bargain prices, but sadly, they have never succeeded because they were always looking to purchase at extremely low costs in the hopes of making large gains. However, it is not the only way to profit greatly from your bitcoin investments. If you can keep your Bitcoin investment in place for a long time, you can undoubtedly profit greatly from it. So while I will agree that buying Bitcoin at any time is a smart idea, I won't only strongly advocate for doing so during the bull run.

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.

Nobody knows if the price of Bitcoin will fall again, we can only assumed based on how the market has been moving lately but that shouldn't stop you from investing in Bitcoin. If you're waiting for the market to dip again it might never happen and you'll miss out.

Instead of waiting why not buy Bitcoin now, what's the worst that can happen to the price of Bitcoin when we're very close to halving the prices will bounce back up if the market was to dip again. If you keep waiting you'll keep procrastinating and possibly miss out on buying.

People refused to buy Bitcoin when Bitcoin was trading below $20,000 and now the price is above $30,000. Many people also refused to buy when the price was below $30,000 and will also procrastinate if the price of Bitcoin was to fall below $30,000 again, don't belike them.

It should depend on your investment plan. What are you trying to achieve and what's your way to do it? If it's a short-term less-profit then you could wait for a dip and then buy. Because if your plan is for the short term, then you should be concerned about the volatile nature of the Bitcoin market. This is when you should do your best analysis to come up with an entry and exit point. Little movements can make you good profits and also huge losses. If you want to go for the short term, then do your analysis and if you see a dip pattern, then wait for it. If not, then just buy.

When it comes to long-term investment plans, little changes in the market won't matter that much. All you have to do is just buy and hodl until the right time comes. Then you can just sell and book your profits. For a long-term hodler, there aren't any perfect times to enter the market. In the long run, you will only see green. Those who have bought at $69k at the previous bull run, do you think they made a mistake? NO. Because the next bull run could push the price much higher. Yes, they could have sold it earlier and made more profits in this recent bear market, but when you look at the bigger picture, they will also be in profit. Also if you are still confused about it, then just DCA. This is the best way to maximize your profit while minimizing your losses. Also doing it before the bull run will surely bring you profit.

So based on your plans, you should figure it out yourself. Lastly, I'm not a professional. So don't take my words literally. Do your own research before investing. Invest what you can afford to lose.

Some set of people who wanted to buy Bitcoin as 22k last month will see how much Bitcoin is now, I don't like the idea of you wanting to get things and now postponing it, many things could have happened. The best time to buy or sell is now if you have the required knowledge and finances

Buy the dip," a concise three-word phrase, proves to be quite elusive. Discovering that precise moment of the dip is no easy feat. Nevertheless, in my opinion, the current Bitcoin price remains reasonably affordable at around USD $40k.

Purchasing at this juncture is projected to position oneself for the post-halving momentum anticipated next year. Never miss the four-year Bitcoin train, my friend.

Engage in a purchase now with a 15% allocation, while patiently awaiting a decline in prices and averaging down with each subsequent dip.

Some newbie actually ask this as precautionary measure due to first timer effect as many newbie don't have the bold mind to actually buy BTC no matter the price ratio on the market but like you said its advisable to buy as soon as you have the opportunity because waiting for the price might amount to many opportunity you would gotten to actually accumulate from the initial price you stumbled upon.

Nobody can predict the future of Bitcoin, Bitcoin is a currency in which I know quite well that the price is not stable, you can see a crypto market accelerating to a higher point but due to the market movement and you think that the price will continue to accelerate how higher but only a negative information can make the price of Bitcoin you see at range of thirty thousand to decrease to twenty thousand in the value, so therefore the price of Bitcoin is unpredictable.

Now or later it's the same - I mean you will buy too. The thing is that what you're worried about is normal in bitcoin. If you are waiting for the price to drop lower - then maybe you won't really be sure to buy it without wanting to wait for another low. If you believe bitcoin has the potential to bring you returns in the long term - then you should buy now, but consider some of the advice from experienced users above.

There is no great doubt in my mind about bitcoin's potential in the long term - so I've been buying and holding it. With all the risks I accept - then bitcoin is a potential asset as a long term investment instead of gold and some other physical assets.

Their no time someone purchase Bitcoin that's late or wrong time, you can buy Bitcoin in any time, but it's encouraging to purchase when the market of Bitcoin is decreased in value so that when it goes up they will be a profit, market of Bitcoin is not stagnant it's rotational and that's while I always emphasize that the price of Bitcoin is not constant and when buying Bitcoin to invest you should not think of the value variation before investing because their is Evey tendency you many buy bitcoins now and within sometimes the price get increased and it's applicable to the price of Bitcoin get devalued when purchase at higher rate. So in summary no time you buy bitcoins that it's not valid

OP I will advise you should start now and not to be skeptical about the price, if you want to wait for Bitcoin to drop to 20k or 25k that means you have to wait until forever, we are all waiting for the bullrun and I don't believe price will drop as low as you mentioned before the starts, if you insist to wait because you don't have enough capital then wait after the bullrun maybe the price will drop to low as you mentioned ,

I said what I said out of opinion.

At this point in time, I don't think that Bitcoin market will collapse lower than the previous dip of below $20k.  As far as I believe, Bitcoin is currently in a transition reason why Bitcoin is going sideway for some days now. It is possible that the market is preparing for the Bitcoin halving and may give hype to the market because of the halving of the block reward.  We all know that in the previous bull run the having often becomes the catalyst for the market to uptrend.


If we are talking about the final Bitcoin price for the upcoming bull run then no one will know.  As for speculation, since Bitcoin break its ATH every cycle, it is possible that Bitcoin will surpass its ATH in this up coming market surge.

Simply put, you can buy with DCA if you have any doubts about the bitcoin price at the time of purchase. Bitcoin will forever fluctuate where fluctuating supply and demand is the main reason, but DCA can help you make better accumulations. After all, you don't have to wait too long if you intend to invest, but make sure you know the risks.

Many large investors buy with DCA instead of a lump sum, so of course you could also adopt that strategy instead of waiting for prices to drop lower. Don't worry too much even though there is always the potential for a decline, in my opinion it is part of the investment risk.

You must understand that trading and investing is not easy at all, it is extremely stressful and risky especially for newbies. The lack of clear trading principles and fear can make the process more difficult. Therefore, I would like to remind you that investing is a process of inquiry and learning.

And always remember that no one can accurately predict the future of financial markets. Opinions and predictions about property values ​​are always diverse and do not trust any source completely. You just need to understand and accept the risks that you will encounter in the investment process. Absolutely do not invest money that you cannot lose and always put the principle of capital preservation first.

Bitcoin just dropped below 30K within this hour and recovered back above 30K and you were saying it won't drop 

The point is that bitcoin can drop below 30K and it may dump below 28K or lower but it will recover very quickly. The sentiments and fundamentals are all very positive. Ripple just win its case with SEC, Companies are filling their ETFs and halving is around the corner. In such a situation, the demand for bitcoin is very high and I don't expect a big dump.

I am not a fan of lump sum investing. It could be beneficial but the risk to lose is high. Dollar-cost averaging (DCA) remains my best strategy because it spreads the risk and is more comfortable to invest gradually.

I totally accept your position @Pmalek because if one keeps waiting for bitcoin price to fall to their expectation, it might never happen. I know so many persons that are regretting their indecision which has made them miss an uncommon privilege to invest in bitcoin. The price of Bitcoin might never drop in the nearest future, who knows? It is risky not to take risks, so it is better to buy when you have the opportunity. We shouldn't also be greedy because we may also lose out. Once it has gotten to our target (not too high) there is a need to sell and make some profit. After that, we can start another investment project.