Topic: Still got enough cash to buy this Bitcoin dip? (Read 1195 times)

If you analyze well its bitcoin’s volatility, every price is a given opportunity to buy at the amount you can afford to lose. Regardless if it’s a peak or dip, I guess it does not really matter, because you are only buying at your spare money and you are buying for long-term hodling, so it won’t be a loss either if after you buy, the price suddenly drops more. And with DCA method, it also helps you to accumulate bitcoin regardless of its price with less risk and pressure.

Don’t be bothered if others keep insisting that you should buy because the price is in dips. Note that you have your own timeline and goals, and you have your own financial struggles to manage at some point. Just invest only when you’re capable enough, since investing itself never runs out of opportunities if you just know how to wisely manage your investment.

Borrowing money to buy bitcoin is not a part of the reasons you need to consider when venturing into bitcoin investment. A lot of times it has been said that bitcoin is to be invested in with money you’re willing to let go off. But with the way bitcoin works, if you don’t sell at loss you’ll still be profitable when the time reaches for you to sell at a good profit. DCA method does not apply to borrowing money or selling your assets to invest in bitcoin, it’s plainly for those that won’t feel pressured of doing their investment in bitcoin and still love their normal life. If you wish to buy bitcoin at the dip, it is better to spare some money for that instead of trying to borrow which may affect your investment in the future.


This was a great idea from onset and now you don’t need to bother about the dip because any dip that occurs now in the market won’t even give you a good price that you’ve bought your bitcoin earlier when it was in the range of $16,000 to $25,000. This is the advantage that earlier investors always have over those that came into the market later. Hopefully you can hold on to a very more little time until you start to take profit. Only few can hold for this long and for those that knows the potential in the investment, they can even hold for a longer time.

I hope you manage to "hodl" your BTC until $100k. Most people get desperate and cash out before the "pump". When prices go down, it doesn't mean Bitcoin will crash big time (or even go to $0). You should take the opportunity to stack some more BTC (aka DCA) until the big "pump". It doesn't matter how much a Bitcoin is worth, as long as you manage to accumulate sats. 1 BTC = 1 BTC, right?

Despite the ability to invest in sats (fractions of a BTC), most people find it increasingly expensive. It's that reason why altcoins are a more appealing option to newcomers into crypto. There's no denying that BTC will stay "King" forever. But altcoins will make a strong presence over time. Who knows how the market will change in the future?

The worst thing to do as a bitcoin investor is to go and borrow money that you want to invest in bitcoin because you will incur more losses than you can ever imagine. First, the funds you borrow will start to incur interest the more you are unable to pay back; that's how the interest will keep on increasing. 
 
Instead of borrowing money, I will rather go with selling off any property for which I'm not using that money and investing the money in bitcoin since leaving it might make it appear as a liability, so instead of doing that, I will invest that in bitcoin. 
 
It's actually worth the risk to buy the dip if you buy with the right mindset and you plan to hold for a long period of time and are not in a hurry to take profit since the market can't be predicted and the dip most times can still keep on going down more than the investor's buying price.

investment is all about risk, if you know the negative reaction and positive reaction of the investment you want to embark on, you should not hesitate to invest for the investment, so what I know is that bitcoin investment doesn't require for someone to debit itself for the investment that's why they say that using your spare money to invest in bitcoin is more encouraging than using your saves money to invest, its only when youbare taking risk is the right time for you to invest in bitcoin with borrowed when you're in dip

We are agree that DCA method is the best. Many people already prove that they are in a good way to accumulate more Bitcoin and will make a big profit in the future. Investing in Bitcoin using DCA method needs consistently so that will not many people can do that and we are a lucky person who can do that. Using DCA method, we can allocating some funds to invest in Bitcoin so that will not disturb our needs that we need to fills. We never suggesting to borrow other people money because that can give us risky in returning the money to them.

I’m totally out of fiat that I can justifiably pump into Bitcoin now that would meaningfully increase my stack. My last coins were bought in the $16,000 to $25,000 zone. I started buying with some of what I sold during the last bull run at $35,000 & bought all the way down to $16,000 continuing up to $25,000 again. My focus is now sitting on my hands until next year when I will begin taking some profits.

I will not sell my assets, or borrow to buy bitcoin. Basically, I feel that investing in bitcoin is a risky thing. Because of that, I feel that the DCA method is the best. By using a few percent of my income, to invest in bitcoin. it is better, and minimizes the risk. However, some people may feel that borrowing money and buying bitcoin will be worth the profit they get. However, I suggest that when you want to use this method, make sure you can pay off the debt with the income you have.

Well, some people have the goal of living entirely off crypto. They can keep re-investing their earnings to obtain a bigger profit in the long run. But I see what you mean. For those with an average job who can't afford buying large amounts of BTC, DCA is the solution. At times like these when the crypto market is struggling to reach new gains, it's best to accumulate as much BTC as possible.

Giants like MicroStrategy and BlackRock are in the game, so it should only be a matter of time before the "pump" starts all over again. I'm pretty sure BTC will hit $100k soon. The FED's rate cuts, the upcoming US elections, and certain other factors will contribute towards a bullish market by 2025. This is only the beginning. Who knows if doing the right thing today will lead you towards "unfantomable" wealth in the future?

because basically we invest to save if the market conditions continue to decline and we need money, we are forced to sell at a loss, rather than having to borrow from other people, because the price of bitcoin cannot be determined when it will go up and when it will go down, so I personally prefer to sell at a loss rather than having to get into debt to wait for btc to reach its highest price

Lots of individual claims they're buying when the price of Bitcoin dips but they're not as they get either too greedy and want to wait for the market to keep dumping or they're scared that if they buy, the market will keep dipping. I mightn't have cash to buy every dip but they're some individual that do and they're the one that have good jobs paying them and they keep money for frequent DCA. For them they have decided to buy Bitcoin anytime the market dumps but since everyone can't be like them, I have to do the way I can and buy when I have cash available for me. At the end we both are investing in Bitcoin and what matters is how long we're holding for profits.

The answer to your first question is selling your assets in loss just to buy bitcoin is not a good move because if bitcoin drops from the price you bought at then you will face huge loss and you have to wait 2-3 months to recover your investment.

Only buy bitcoin when you have a high capital rest invest in other coins to get maximum profit with low capital. Trade wisely!!!

Initially I chose to borrow money to invest in Bitcoin. I was very confident that the price of bitcoin would continue to rise over time. I had been monitoring the price of bitcoin before I dared to borrow money to invest in Bitcoin.
The price of Bitcoin will always go up and down but I am not too worried about this because the price of bitcoin tends to go up.
At this time I prefer to invest rather than trade Bitcoin because I don't have a long time to sit in front of the computer screen to be able to take a position to open a bitcoin trade.
My message to beginners who want to invest in Bitcoin is to have a strong mentality and have patience to be able to control emotions when the price of bitcoin decreases, the key is patience!

We know that Bitcoin has a risk, and we must take those risks before getting profit out of it. This dip should not be a reason why you should take a loan or sell your valuable asset to invest in bitcoin. Remember that you can lose your money, and bitcoin investments require a long-term plan you can’t sell anytime soon, and that is why you should not borrow money to invest.

However, any investor that is ready to invest for a long time, regardless of the current price, can still invest in bitcoin. You don’t have to say the current price is the one you want to invest in. Just invest and plan for a long-term investment. You will get your money back with profit. Avoid borrowing money to invest in bitcoin. Invest what you can afford to lose. 

If the money keeps coming in every month then nothing will stop your DCA strategy, it is good to have a job that pays good amount of money, even if this market turned bearish and we go for another bear season you won't worry as much as someone who have no stable job.

As far as I am making money I am good, I can go on for years with no worries because I believe that I am gathering something as valuable as Bitcoin, once something unexpected happens there will be problems, and you won't be able to keep up until you solve the income problem so make sure that you are getting paid.

I am still doing fine, I have my own fashion business, and even if I am not making money online my offline business will keep me in good shape.

Experience can help an investor to have a better understanding of Bitcoin market. However, it's just a slight improvement compared to every investors else, because in the end this is still a volatile, unpredictable and unstable market which sometimes surprises us when we least expect. For an example, there are situations where Bitcoin crashes and we don't even understand or can find a reason to explain why that happened. Such fluctuations are solely based on speculators' movements, and can't be explained accurately through news and events happening in real time.

That is why the decision of investors must be reasoned on long term goals and expectations, while ignoring the short term side effects of Bitcoin, which can drive us upside and down without further notice. I believe to have a consistent grasp of the market means to draw long term goals.

The only way I have really known one can have a full or even partial grasp of the market is when they follow cryptocurrency signals or groups that share crypto information and understand as well as have Bitcoin investment. That is when I can classify any Bitcoin investor as having a grasp of the market.

In the least, seeing the news or reading the papers or following similar pages online cannot be sufficient to enable a Bitcoin investor dabble into their savings and buy the dip. It takes more in the form of interest and future plans of wealth, for one to be disciplined to do so, despite any market seasons Bitcoin is currently facing.

Any ideas on how to better equip potential Bitcoin investors to have a full grasp of the market seasons, so as to assist in their decision making?

One thing about price dip is that it gives an opportunity to stock your portfolio at cheaper rate which is a very good advantage for investors. However, the price of Bitcoin shouldn't be an issue for one to accumulate Bitcoin and investors shouldn't be waiting for price to dip for them to stock their portfolio, any entry is a good entry so far the investor accumulating as much as possible over time through different methods, especially if the investor is using a DCA method therefore instead of waiting for the dip to occur before buying the best decision is to buy at any entry and if a dip happens, do not panic or worry about lose cause so far you're on the DCA price, see it as an advantage to buy at a more cheaper rate. Trying to predict the price of Bitcoin as an investor could even discourage you from stocking cause at that point you'll be wondering (what if the price drops) and the next thought would probably be waiting for the dip to occur instead of accumulating, someone using the DCA method shouldn't even have such mentality.

Totally agree with this one, it's definitely the wise choice to buy the dip whenever you can but in the current price dip that bitcoin's got, I don't really think that it's the same as back then, the current price dip in bitcoin would've been the dream back when the price dip was around $5k so I'm not really sure that it is as much of a wise choice now as it was back then, maybe doing DCA as most people recommend would be the best way but the value that you get is nowhere near but then again, we just might be suffering from something like missing out, and that it's still a wise choice to still buy the dip despite the value you're getting. Maybe that's really the case.

As no one can tell you when will gonna be the dip of this market, you are just left to gauge where you will put your funds into. And it is on your own accord when to buy some to collect more for your stash. This is why, it is always best to have a full grasp of this market so you understand if you do really want to stake your savings into this market.