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Topic: Should I buy now or I should still wait for the dip? - page 9. (Read 1298 times)

legendary
Activity: 2576
Merit: 1252
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Simply go with the price you're comfortable with. The market price wherein you could endure sudden price changes especially declines. No one would know the bottom of its value nd you'd end up with FOMO from waitfing for it to happen. For me, as long as the market price is lower than its previous ATH, it would be good to invest and hold simply because we know that the next bullrun will break the ATH as what usually happens. But if you are eyeing for a certain price point then you're allowed to do so. However, never let frustration come into your end if ever price climbs drastically.
sr. member
Activity: 2366
Merit: 448
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No matter what the current price is, people always think there will be better opportunities to either buy or sell. It's a vicious circle. I am not sure why you believe the price will drop to $20-25k. If the value drops to $25k, you will be waiting for $20k. If it drops to $20k, you might think it's better to wait until $15k. Too much waiting, and you'll miss the train. If you have money to invest and you are willing to do it, go ahead. It's the same when you are selling. If you have made some profits that you are satisfied with, dump your bags and get back in the game with the next cycle.  
You are right, actually such a thought or strategy is like a loser who always expects the bitcoin price to drop lower to execute it. They don't think because some people or investors would expect the opposite and they hope that the bitcoin price will not go back down and their big hope is that the bitcoin price will continue to be bullish.
Be a smart investor by buying when you have the money without having to wait for the price to drop to buy it, and when it does, it can't hurt to buy it back. You can buy bitcoins anytime and never put it off because sometimes this way of thinking is wrong, because the price of bitcoins is not easy to predict and if the price of bitcoins keeps going up you will regret it.
So my advice, buy it when you have the money that day, and you can buy it back if the price drops back and stays that way and for long term goals. And if you do it for the long term, you don't care about the price of bitcoin to buy it.
sr. member
Activity: 1820
Merit: 418
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25k to 28k range is a good buying target, it could happen soon and maybe it will be the last dump who knows? But I will like to ask why now? Where are you when it was 15,000$ and 17,000$ because that was a very good buying opportunity,  I am still doing my gradual DCA but I went heavy on 15k more than 17k range, and now that it's 30k I still DCA with lower amount of money, it will feel wrong to not have any more money when unexpected dumps happen, which is possible.

You got to be prepared just in case, my advice is you should keep buying small amount of Bitcoin depending on what you have and hope that a better dip will come .

What OP missed is now gone but OP can still buy around the 28k range like you said and I'm bullish on bitcoin crossing over 35k USD before October.
Rather than beating up what happened in the past OP should consider making an investment that he can afford to lose.
legendary
Activity: 2730
Merit: 7065
No matter what the current price is, people always think there will be better opportunities to either buy or sell. It's a vicious circle. I am not sure why you believe the price will drop to $20-25k. If the value drops to $25k, you will be waiting for $20k. If it drops to $20k, you might think it's better to wait until $15k. Too much waiting, and you'll miss the train. If you have money to invest and you are willing to do it, go ahead. It's the same when you are selling. If you have made some profits that you are satisfied with, dump your bags and get back in the game with the next cycle. 
full member
Activity: 672
Merit: 100
Here's a simple way to know if you should buy now or wait for the dip, if you are already hodling a substantial amount of bitcoin, it's in your best interest to wait for the dip to happen but if you don't have any substantial amount of bitcoin or no bitcoin at all then it benefits you that you get in now than later because waiting for something to happen will end up with you just waiting until it's too late and then you get in the peak and lose most of your investment because the price starts correcting after the hype. Regarding waiting for dip, that's subjective so you need to set a price that you're comfortable buying.
The market is always looking very difficult for me to understand and I am still looking for how I can understand the market. I do see people talking about Bitcoin investment and trading but I will like to know how to do all these things.
 How can I invest without getting any loses as an investor? Pardon me if my question might look strange.
I recommend invest with small amount like 20% of total the money you have, i thought that make you feel comfortable than you invest your money in huge amount, targeted coin on Top 1-50 and after you bought coin you should have a target for profit what you want around 5%-10% or more. Don't be greedy if you have been profit, out of the market at right time before going down, especially never do cut loss if you want don't loss your money due to we never know of market situation at this phase bear market
newbie
Activity: 14
Merit: 0
Here's a simple way to know if you should buy now or wait for the dip, if you are already hodling a substantial amount of bitcoin, it's in your best interest to wait for the dip to happen but if you don't have any substantial amount of bitcoin or no bitcoin at all then it benefits you that you get in now than later because waiting for something to happen will end up with you just waiting until it's too late and then you get in the peak and lose most of your investment because the price starts correcting after the hype. Regarding waiting for dip, that's subjective so you need to set a price that you're comfortable buying.
The market is always looking very difficult for me to understand and I am still looking for how I can understand the market. I do see people talking about Bitcoin investment and trading but I will like to know how to do all these things.
 How can I invest without getting any loses as an investor? Pardon me if my question might look strange.
sr. member
Activity: 1274
Merit: 337
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Waiting is the most boring thing for me, if you can do it now why should you postpone it. I really understand your goal of wanting to start investing in Bitcoin just to get profit when the price increases, this fact is indisputable and even more senior people have the same goal. Today the price of Bitcoin is at the level of $ 30,282, maybe very expensive for those of you who are just starting to invest so you want the price to be even lower to enter the market. In fact Bitcoin once hit an all-time high of $64,804, today's price would be cheap in comparison to the ATH record Bitcoin has ever broken. When you start to believe in the potential that Bitcoin has, why wait until the price is low.
sr. member
Activity: 1106
Merit: 391
Many people ask when should they start investing in Bitcoin? Is it necessary to wait for the price to drop even more? is it necessary to wait any longer? but while they were waiting for that moment, the price of Bitcoin increased and they missed the moment. So while you have the chance, grab it, don't wait any longer. Regarding whether your investment will decrease or not, you should already understand that the price of Bitcoin is not always below. As long as you don't sell what you hold, you don't lose.
jr. member
Activity: 74
Merit: 1
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.
full member
Activity: 392
Merit: 130
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Predicting future events for BTC, no one can predict it 100%. True, it takes a lot of data that has to be juxtaposed to get the level of accuracy. not to mention the market is very volatile. From me, but this is just filing. BTC for this year, must at least exceed 50K first, then it's easy to see it again
hero member
Activity: 2268
Merit: 588
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I think you should buy now because there will be no more chances that the price will gonna raise more in the upcoming months since we are now officially a few months more before another bitcoin halving which we already know will be the reason for the price to rise again or even create another ATH just like last time. Therefore you only need to decide right now if you have all the means to invest then you could start now or else there will be no turning back once the price will not be the same. You can also try your luck and wait if the price will gonna decrease in the days to come and maybe that will be the best time to buy bitcoins and hold it until you want.
sr. member
Activity: 1400
Merit: 420
When it comes to buying a coin/token, you don't need to take advice from anyone before making such decision. The decision of whether to buy or not solely lies with you, and it's up to you to decide.
Before buying Bitcoin it is necessary to keep in mind that Bitcoin is a long-term hold. otherwise whether you buy on dip or buy on high price neither will give you high profit. If you can hold for long time then there will be no problem if you buy bitcoin at high price because bitcoin price will surely go up and make new ATH and when it does bitcoin will go above 68K again. So in this case you don't have to take advice from anyone about any kind of decision. you can buy bitcoins yourself and start holding them at any time
full member
Activity: 490
Merit: 209
it is okay to buy bitcoin anytime as long as you sell it at higher price. I think buy bitcoin now is a good decision, because day by day we near to halving time. this event really has big effect on bitcoin market. I divide bitcoin trend cycle in few phases just to ease me in bitcoin and altcoin trading, bitcoin price really affect some of altcoin price. I call bitcoin market trend today as healing phase where we will see bitcoin price is tend to rise although there is still volatility on it. next phase is pump. but that is just my personal opinion, it's not really correct.

There are various strategies that can help you to actually benefit from the Bitcoin environment. If you can buy at a low and sell at a high, you will always have an advantage. If the price is falling, you can also add to the existing asset you already own. When it comes to the Bitcoin market, one needs to be wise and take advantage of opportunities. It may be risky, but if you manage it properly, it will undoubtedly be profitable.  and bitcoin is the driving force of all altcoins so anything that affects Bitcoin affects other coins, when you are in this game you have to learn how to play well.  
full member
Activity: 560
Merit: 161

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?
Bitcoin can't be predicted,  waiting for the price to fall down to the amount of your wish can be something that may not happen  and you will miss  the opportunity.  It can call also be a surprise to you that the price will keep on increasing to the amount which will make you to regret to say if you has known you would have bought in Current price of bitcoin. One of retractable mistakes people usually make is to be waiting for a price to fall down to an amount that is okay for them. The price of bitcoin now is not that expensive , if I'm to be you I'll buy the amount I can afford to lose,  because waiting to fall can something that won't happen.
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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.
No one can tell exactly what will happen to the price. The lack of money has always been a challenge why people can't afford bitcoin when the price is low. But if you really  want invest bitcoin,  hodl Bitcoin, and you have the money to buy bitcoin now, the price of bitcoin shouldn't be a reason for you to miss another opportunity.
full member
Activity: 459
Merit: 104
The bitcoin price rises after 4 years after the last rise. Thus we expect the price of the bitcoin to start to rise at the end of this year 2023 and fall in 2025. My advice is to buy bitcoin is the price becomes higher than 32 000 USD for 1 Bitcoin.  In 2025 we expect the price for 1 Bitcoin to be approximately 150 000 USD before falling to 50 000 USD.

What I am afraid of (for the Bitcoin price) are the quantum computers. I am a physicist engineer not an IT specialist. What I know is that knowing the public key and using a quantum computer one could derive the private key.
legendary
Activity: 2576
Merit: 1043
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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?
You know what might be the possible way for Bitcoin to reach the price that you just said. If SEC will reject Blackrock their filing of a Bitcoin spot ETF.
What are the chance of Blackrock being rejected? Out of 570+ times that they requested, they failed only 1 in the whole history of the company. On the other hand, even though Blackrock has only 1 rejection, the chances of them getting a success with the Spot Bitcoin ETF is 50/50 still.

Is that procrastination? I don't think so, but I would rather call it waiting for the perfect time to buy. The question is "Will it go down to that price?" Will it go down again? It will all depend on the decision of the SEC with regards to Blackrock's petition to file for a Spot Bitcoin ETF. I believe their decision will have a huge impact towards the price of Bitcoin not only for the short term, but in long term as well.

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?
My price speculation before the end of the year. I'm a bit bullish with Bitcoin after what happened in the first half of the year, so my prediction is at around $45,000-$50,000, but I will not be surprised though if it goes higher than that price.
hero member
Activity: 1624
Merit: 791
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Will you know when the bitcoin price will drop again?
Are you investing in bitcoin for the long term?

Why think about the price drop that we already know that now is the right price, right? $30K for me is still quite realistic to start investing instead of you regretting the price of bitcoin will continue to rise slowly, it's better to use the DCA method you can buy bitcoin at an average price and that's a better way than waiting for the price to drop while we don't know if it will drop again.

I am above the price of $ 30K will continue to buy by DCA, at least once a week, or once every two weeks, even once a month how to see from the financial flow.
member
Activity: 994
Merit: 14
When it comes to buying a coin/token, you don't need to take advice from anyone before making such decision. The decision of whether to buy or not solely lies with you, and it's up to you to decide.
legendary
Activity: 1820
Merit: 1207
The best time to invest in Bitcoin when you're already understand about Bitcoin, it's mean the reason why you create this thread is you still not completely understand about Bitcoin because someone who's know about Bitcoin wouldn't create this thread ans asking other people when is the right time.

It's similar like someone say education is useless, you need to school and get education first to know education is useless.
sr. member
Activity: 658
Merit: 441
The worst thing that can happen to a man is procrastination, it's either you buy now or regret later. Earlier this year Bitcoin market price started off at $15k and it pushed through $20k & $25k and now settling at $30k, so as you can see whether you agree with me or not the chart is actually gaining momentum. Grabbing a bag right now would be a good idea as it's is not too late. We are just less than a year to the Bitcoin halving and it is predicted that Bitcoin might hit $120k - $150k in the next bull run, so you would still be in profit. But if you are actually waiting to see if the chart would go downward to $20k - $25k price mark, that might not happen and you would be filled with regret when you later realize that you've missed the $30k price mark.
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