Time to Hodl or buy the Dip? | Bitcointalksearch.org

flyingcarpet

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Quote from: bestcoins1 on August 08, 2023, 03:49:23 AM

Quote from: Wong Gendheng on August 04, 2023, 08:56:34 AM

The best strategy when the market is like now is to continue to buy, don't ever think panic when you see the market situation is red because the trend that often occurs is the market immediately rising again, moreover many analysts believe that the end of the year the price can reach $ 60k or 200% level rather than now so there is nothing more profitable than continuing to buy.

If you believe that the price level will reach 200%, it means that the Bitcoin price will exceed $60K. Actually it's not a problem that it's impossible to achieve, but I'm more looking at the duration that is very close if it is said for the end of this year. You yourself can also see the fact that is happening that to increase by just 50% from the current price is still very difficult, especially for the 200% level which is generally very large if you take the benchmark from the current price. Although I would prefer to keep buying at the current price and expect an increase at the end of the year to a certain level.

In order for an increase of 200% to occur, there must be many positive things in the market. Considering the situation in the world economy, this does not seem possible. We don't have any other data from Halving. I'm talking about data we can trust.

Current levels provide opportunities for buying. Even if it continues like this for a while or if there is a decrease in price, it still means a buying opportunity. We are all waiting for the price to go up and it will start to go up after a while. It is necessary to evaluate this time and buy Bitcoin.

bestcoins1

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Quote from: Wong Gendheng on August 04, 2023, 08:56:34 AM

The best strategy when the market is like now is to continue to buy, don't ever think panic when you see the market situation is red because the trend that often occurs is the market immediately rising again, moreover many analysts believe that the end of the year the price can reach $ 60k or 200% level rather than now so there is nothing more profitable than continuing to buy.

If you believe that the price level will reach 200%, it means that the Bitcoin price will exceed $60K. Actually it's not a problem that it's impossible to achieve, but I'm more looking at the duration that is very close if it is said for the end of this year. You yourself can also see the fact that is happening that to increase by just 50% from the current price is still very difficult, especially for the 200% level which is generally very large if you take the benchmark from the current price. Although I would prefer to keep buying at the current price and expect an increase at the end of the year to a certain level.

YUriy1991

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Quote from: savetheFORUM on August 08, 2023, 12:02:10 AM

Quote from: Pejoh Asu on August 02, 2023, 07:08:59 AM

The market is still red and in my opinion there is still a chance to go down again, even though today it can go up more than 3% but many analysts think that the chance to fall is still big, as an investor of course the best thing is to buy gradually even with a small value, bad decision is do not sell now, be patient.

A green or red market doesn't always indicate that a market is going up or down, it might be red but still recovering from a recent dip, so we shouldn't think that the market will drop more just because it is still red. But, if you have been watching the market closely, you might know which way it's moving and if you have seen it going down, you might be right that it will drop more but since it is totally unpredictable, it can change direction any time.

Doing DCA (Dollar Cost Averaging) is definitely the best way to go about a market like the current, because as you said, it might go down a little bit, but it can go up again quickly or it might not, so to be prepared to any outcome that market might throw at us, we should be ready all the time.

That's right like you say. Apart from that Dollar Cost Averaging, Safe Investment Steps for Beginners who often still find it difficult to determine when to start entering the market and when it is best to sell it. The task is simple, just dividing our investment funds into several times. For example, on a weekly, monthly or every certain period and adjusting the amount of initial capital. and not only in the crypto world but can be used Starting from stocks, gold, P2P lending, to mutual funds.

savetheFORUM

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Quote from: Pejoh Asu on August 02, 2023, 07:08:59 AM

The market is still red and in my opinion there is still a chance to go down again, even though today it can go up more than 3% but many analysts think that the chance to fall is still big, as an investor of course the best thing is to buy gradually even with a small value, bad decision is do not sell now, be patient.

A green or red market doesn't always indicate that a market is going up or down, it might be red but still recovering from a recent dip, so we shouldn't think that the market will drop more just because it is still red. But, if you have been watching the market closely, you might know which way it's moving and if you have seen it going down, you might be right that it will drop more but since it is totally unpredictable, it can change direction any time.

Doing DCA (Dollar Cost Averaging) is definitely the best way to go about a market like the current, because as you said, it might go down a little bit, but it can go up again quickly or it might not, so to be prepared to any outcome that market might throw at us, we should be ready all the time.

Bitcoin_people

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Quote from: Youngkhngdiddy on June 06, 2023, 05:26:51 AM

With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?

Yes, of course, if we buy and hold the current position of the market, we will get a good amount of profit later. We have seen the Bitcoin market once peaked when the market was in a bull market, but now it has gone down a lot. But currently we have seen that is close to $30k dollars but earlier Bitcoin price was around $15k dollars. But this bear market has now turned into a bull market again since the market does not stay in the same position forever, we will definitely see a bull market again. But we know the Bitcoin market basically halves every four years and then the bull market. So if we invest from the position we are currently in and wait till the bull market, we will surely get a good profit.

jaberwock

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Quote from: uswa56 on August 03, 2023, 03:23:21 AM

to be able to reach a price of $ 50k this year in my opinion is very difficult, in the last few days the price of Bitcoin has decreased slowly and that is very reasonable in my opinion because it has happened several times this year and we do not know how far this correction will continue.
If to buy and invest in the long term, I think this is still a very good time, I have no doubt that it is for the future/long term.

And it's true, it is recommended not to sell when the market is bearish like before, because it is possible that this will pass and we will see a positive trend again.

That is almost always the case and people who think otherwise are making a big mistake. Remember that we are living in a crypto world that is doing as fine as possible and that is why there is nothing wrong with having this kind of business. I get that it will not be simple and we are going to end up being good enough, but that's just the situation we are in right now and shouldn't be worried about it at all.

I get that people could end up being a bit more relax about it, and not really end up with any trouble at all, but there are ones who keep worrying as well. Buy right now, hold for a few years, and you will see how much profit you will make, during that period we may end up with not that great periods, but the result will be profit.

Wong Gendheng

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The best strategy when the market is like now is to continue to buy, don't ever think panic when you see the market situation is red because the trend that often occurs is the market immediately rising again, moreover many analysts believe that the end of the year the price can reach $ 60k or 200% level rather than now so there is nothing more profitable than continuing to buy.

uswa56

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Quote from: Sebas.tian on August 03, 2023, 12:30:03 AM

The opportunity to buy is still available in the market, because the price of Bitcoin has drop down to $28,681 few hours ago which is a sign that bear market is still on and it will be a good thing for you to be among the lucky investors that will smile when the price hit higher in the future. I don't think, is advisable for holders to sell their coins in this bearish market because the current price will not help them to make a good profits in this season but there is a hope for them to achieve a huge amount of profits before the end of this year 2023. Try everything possible in this season not to sell than to continue holding, because the way the price of Bitcoin is moving show that the price will definitely hit back $50,000 soon to allow long holders to experience huge amount of money in their holding.

to be able to reach a price of $ 50k this year in my opinion is very difficult, in the last few days the price of Bitcoin has decreased slowly and that is very reasonable in my opinion because it has happened several times this year and we do not know how far this correction will continue.
If to buy and invest in the long term, I think this is still a very good time, I have no doubt that it is for the future/long term.

And it's true, it is recommended not to sell when the market is bearish like before, because it is possible that this will pass and we will see a positive trend again.

Sebas.tian

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The opportunity to buy is still available in the market, because the price of Bitcoin has drop down to $28,681 few hours ago which is a sign that bear market is still on and it will be a good thing for you to be among the lucky investors that will smile when the price hit higher in the future. I don't think, is advisable for holders to sell their coins in this bearish market because the current price will not help them to make a good profits in this season but there is a hope for them to achieve a huge amount of profits before the end of this year 2023. Try everything possible in this season not to sell than to continue holding, because the way the price of Bitcoin is moving show that the price will definitely hit back $50,000 soon to allow long holders to experience huge amount of money in their holding.

RewFrew

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I think Now time to buy and hold. Now Bitcoin price comparative low. One month ago Bitcoin price was $15k-$20k. Now bitcoin price is near about $29k. But two years ago bitcoin price was $69k. In that regard we can tell now Bitcoin price is reasonable. Now time to buy. And if anyone want he can do DCA, it is best policy to invest on Bitcoin. For DCA buying price will be average. And good profit will be come within short time. If anyone now invest he will be profited as soon as possible. So anyone can invest now or can wait for more Dip. Now invest or wait for dip.

Pejoh Asu

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The market is still red and in my opinion there is still a chance to go down again, even though today it can go up more than 3% but many analysts think that the chance to fall is still big, as an investor of course the best thing is to buy gradually even with a small value, bad decision is do not sell now, be patient.

ZAINmalik75

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Quote from: Youngkhngdiddy on June 06, 2023, 05:26:51 AM

do you think it is a good opportunity to Hodl or buy the Dip in the current market?

Yeh for a decent profit in Cryptocurrency you should follow both things like buy small small amount at every dip and then hold it for long term which will be beneficial to raise you portfolio.
Currently price of Bitcoin is surrounding around 29k to 30k, later which will be definitely dump down to around 28k and the possible reason is to liquidate all long positions, so the point is that market provides opportunities to buy Bitcoin at cheap after several days, no doubt buying Bitcoin at any price will always be profitable for you because Bitcoin has a history to retest his ATH and make new one, but in order to get more profits you should go for DCA instead of buying big amount at any price, one things you should keep in mind before investment use such amount of money which you can ability to lose and also those amount which has no spending need in short period because some time Bitcoin took long to recover his price so your wait can be long too for a profit.

Greyhats

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Anything under the last ath is the dip. If you’re in stacking mode just think of it like that, the new ath > old Ath so anything you stacked under the last Ath will be positive.

Ricardo11

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We should always buy the dip and then hold. This is the best method of retention. Bitcoin will be pumped in few days. Many think the next ATH may also be gone. And as such, Bitcoin is currently in the deep end. And if this is true then I think this is the right time to buy Bitcoin.

ningrum

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Hodl or buy the dip depends on ourselves, if we have a lot of money then we can buy it at the bottom,
but if you have bought it at the top price of course Hodl is a good choice, because today Bitcoin has penetrated $ 30k, it will feel sad if sell it.

Lubang Bawah

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The simple thing that everyone can do when investing in bitcoin is to buy when it dips and then hold, if we have a big profit target then we can use spot exchanges so that after buying we can sell it by adding the profit margin we want, but if we focus on the long term then it's better to use it for staking or hold it in a private wallet.

kesmex

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Quote from: Bitcoin2009 on June 23, 2023, 10:31:36 AM

Of course these 2 techniques are the best, buy when dip and hold for long term, if we don't really need money then hold longer is the best option, many people regret not buying when the price is below $25k and if we don't buy immediately from now on then we will regret it because by july the price will be $40k or more.

It's great to hear that bitcoin price hit $40k in july, but how do you say that?
is there any analysis on that, of course if there is you can share it here,
because so we know whether we should hold or maybe sell.

Bitcoin2009

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Of course these 2 techniques are the best, buy when dip and hold for long term, if we don't really need money then hold longer is the best option, many people regret not buying when the price is below $25k and if we don't buy immediately from now on then we will regret it because by july the price will be $40k or more.

Greyhats

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When it’s comes to allocating what to put in this can also be variable. I would liken it to saving, at first you think you can only save eg 5% a month but over time you figure out you can do more and more. It takes time to find the balance that works for you. Then you can allocate that savings into different things like saving fiat(eg dip buying, big purchases, frivolous spending), dca(btc, stocks etc ) or whatever investments you want to do. The most important take away though is get started on your journey and figure it out as go along.

MFahad

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Quote from: Texac on June 21, 2023, 11:03:48 AM

If you already think bitcoin is better than altcoins, why do you need to diversify with altcoins? this doesn't make sense with your statement and I don't think investing in altcoins is diversification. because the altcoin market depends on bitcoin, if bitcoin falls, then no altcoin will be able to bring you a profit. investing in altcoins only increases your risk, but if you can take the risk then you have a better chance of getting a higher return.

Bitcoin is always better than any other coin but bitcoin price is so higher that everyone cannot afford to buy it and put money into it. As we think that bitcoin price goes down so its down but not as much as everyone will be able to buy it as its basic price is more higher.

So those who cannot afford to buy more bitcoin should buy at least it by utlizing 10 percent of income and should also invest in some other altcoins so whenever the bitcoin goes up surely the selected altcoin will also goes up so in this situations you will have double profit.

You are right that taking risk is not a big deal as one will only be a successful person once he moves across both straight and zigzag path as in this way experience is built which can be profitable for you and those who are afraid of risk will always shy to take part in order to be successful.

Topic: Time to Hodl or buy the Dip? (Read 948 times)