Time to Hodl or buy the Dip? - page 5.

Sebas.tian

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Quote from: Paul Pogba

When the market is red like it is now then the best thing is to hold, if we have a long term profit vision then when a dip is an opportunity to buy more, an increase in bitcoin will definitely occur in the near future, so don't ever regret not being able to take advantage of the right moment to buy.

Holding can only be a solution to this current dumping of Bitcoin and cryptocurrencies, because the market price is not looking good for long term traders and short term traders to make a good profits than to continue holding till the green light remain stable before they can sell. Purchasing Bitcoin at this period is not advisable because the price of Bitcoin is still moving between $25,000 and $26,000 which is not good for people to purchase Bitcoin in this period than to exercise patience for the price to decrease back to $17,000 before they can buy and hold. I believe, those that will maintain the holding till the end of bearish will definitely have something good to achieve because the price of Bitcoin will definitely increase higher before the end of this year.

bitzizzix

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Quote from: goaldigger on June 08, 2023, 04:38:58 PM

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?

Wait for another signal as many indicators says that the price can still go down.
If you have your BTC right now then just hold it, and if you are planning to buy more wait for the price below $25k because it’s more possible to happen now. The market volume is very low, and the negative sentiment of the market are very strong, that could lead us into a more cheaper Bitcoin, so wait for this moment before buying more.

The bitcoin price is currently downtrend, I think there is still a possibility that the bitcoin price will reach 25K or more, so you have to be more patient to buy at the right price to get a good profit when the bitcoin price moves up again.
or you can do the DCA strategy in the current situation which I think is the right time and you can also increase your purchases when the bitcoin price continues to fall, and do it all for the long term because buying dips or DCA is very good, and also the best strategy for long term investment in bitcoin. But all of that does require patience and also strong belief to get very satisfying profits, regardless of market situations that are difficult to predict because your goal is only for the long term.

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Quote from: goaldigger on June 08, 2023, 04:38:58 PM

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?

Wait for another signal as many indicators says that the price can still go down.
If you have your BTC right now then just hold it, and if you are planning to buy more wait for the price below $25k because it’s more possible to happen now. The market volume is very low, and the negative sentiment of the market are very strong, that could lead us into a more cheaper Bitcoin, so wait for this moment before buying more.

The market is still affected by the negative news, but there is no guarantee that we will continue to drop below 25k, it's all just your prediction and some people seeing the negative news. In my opinion, don't wait, and if you are investing for the long term, buying now and using DCA is the most effective. Have you thought about the case that bitcoin will rise again from now on, and if you wait, you will miss a good buying opportunity? Bitcoin is unpredictable.

Captain Corporate

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Always hold when you are unsure. I am buying the dip personally but I know that it will do better, that's my own approach to it and I will always keep doing that. When we are talking about something further, something that is beyond your understanding and you are unsure about it, then I highly suggest you stay away from it as much as you possibly could. There is no scenario where you will be doing very well when you are just in the dark. Too many people think of crypto as something they can just ask around and learn the ropes, but the reality is that you can't just expect people to tell you what to do, that's not how it works and will never work. I think its quite important to focus on what you know, and if you don't, just hold it and you will do much better, only buy when you are certain yourself without asking anyone about it.

Yatsan

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As we all know, there are expectations for a lower market price around $20k-ish, so I guess it is better to wait. The market value won't go up in a single snap so avoid FOMO. Actually, there's no perfect entry point it just depends on the investor if he'd be satisfied to where would he invest. With regards to either holding or buying, that depends on your capability. If you have the capacity to invest more then wait for another possible dip, and invest again. But if you're already okay with the amount you are holding, then just prepare yourself from the possibility of a market crash, such that if it happen, practice to not panic and avoid selling 'coz prices would again go up and you just have to be patient by that time.

Onyeeze

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Whenever market of cryptocurrency is going down is the best time someone can buy Bitcoin and keep knowing that Bitcoin price will surely go up again, many people who buy Bitcoin when Bitcoin is on the falling run are the people who benefits on Bitcoin,so I believe that Bitcoin with what investors say about bitcoin it doesn't have a particular time you can invest in bitcoins

goaldigger

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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?

Wait for another signal as many indicators says that the price can still go down.
If you have your BTC right now then just hold it, and if you are planning to buy more wait for the price below $25k because it’s more possible to happen now. The market volume is very low, and the negative sentiment of the market are very strong, that could lead us into a more cheaper Bitcoin, so wait for this moment before buying more.

JoyMarsha

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As the year goes on, it's possible that we'll see the price of bitcoin drop even further, to $21k. Those who intend to use a DCA approach for their bitcoin investment should buy bitcoin right away. However, those who want to purchase the deep should continue to hold on since it appears that the cryptocurrency market is currently seeing a wild collapse in price. For those that still want to go on to invest in bitcoin or any other top altcoin despite the market condition will lose money value of their purchase assets they undertake right now until the market prices stabilize. which nobody is certain of the precise time.

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Quote from: Unbunplease on June 08, 2023, 12:10:07 PM

Quote from: Paul Pogba on June 08, 2023, 10:27:09 AM

When the market is red like it is now then the best thing is to hold, if we have a long term profit vision then when a dip is an opportunity to buy more, an increase in bitcoin will definitely occur in the near future, so don't ever regret not being able to take advantage of the right moment to buy.

In fact, there's not much time left before bitcoin is halved, so the long-awaited rise of bitcoin and the alt-season is about to begin. Yes, some price decline is still possible in the near future, but I don't think it will be significant. So right now the most optimal strategy is HODL

We still have less than a year though before the halving, not much time, but I still believed that if you start today and do DCA and accumulate sats till the halving, you can see make a lot of money and profit from it.

And as what the majority says, do both, buy when the price is down, or at least do DCA and then just HODL'ed and wait for the next bull run. I know that its tough to do that, but that's how we make money here. Bitcoin market is not a get rich quick scheme, it also entails alot of psychology and good judgement to be a successful investor here.

Unbunplease

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Quote from: Paul Pogba on June 08, 2023, 10:27:09 AM

When the market is red like it is now then the best thing is to hold, if we have a long term profit vision then when a dip is an opportunity to buy more, an increase in bitcoin will definitely occur in the near future, so don't ever regret not being able to take advantage of the right moment to buy.

In fact, there's not much time left before bitcoin is halved, so the long-awaited rise of bitcoin and the alt-season is about to begin. Yes, some price decline is still possible in the near future, but I don't think it will be significant. So right now the most optimal strategy is HODL

salad daging

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Quote from: lionheart78 on June 08, 2023, 09:20:47 AM

When there is a dip in the price of BTC, it is always a good thing to hodl and a better idea to buy the dip. One of the major reasons is that the Bitcoin market is cyclical and if Bitcoin is currently at its downtrend, it is a good moment to buy to maximize profit when the market shifts to an uptrend.

Now looking at the current phase of the Bitcoin market, we all know that halving is less than a year from happening, and halving is one of the catalysts for the Bitcoin uptrend or Bitcoin bull run. If we buy today, we might get a huge profit when Bitcoin uptrends and rallies to its now ATH. All we need to have is patience to wait for the time to come after buying at the current market dip.

True, this is a great way if we already have bitcoin, so now it is more appropriate to hold on than to sell it because of panic, but your good idea is to buy at a time of decline, this is always recommended for bitcoin investors, so when it is corrected again it is right to buy when the trend is down because this opportunity will be quite good if you buy on a scale with DCA or a lump sum.

Many are waiting for this event with the halving that will occur in less than a year now, maybe thinking that it is getting closer to the halving the market will not show any reaction in the middle of 2023 but we don't know what surprises will come with the bullish trend so we have to wait but at least we must be prepared with bitcoin which is invested from its lowest price.

khiholangkang

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Quote from: Paul Pogba on June 08, 2023, 10:27:09 AM

When the market is red like it is now then the best thing is to hold, if we have a long term profit vision then when a dip is an opportunity to buy more, an increase in bitcoin will definitely occur in the near future, so don't ever regret not being able to take advantage of the right moment to buy.

A simple logic for those who have the intention to invest in long -term in bitcoin, things like bloody markets are certainly a review for those who buy at a higher price and is a real journey for a Bitcoin holder that has a long -term goal in investing in Bitcoin, Buying when a decline and holding back is a word that must be held firm if you want to find a proper return from Bitcoin.

We are in the Bitcoin market which is still in the sideway situation at the $ 26K price level, and indeed it seems that this phase is quite long, we only need to be patient until the bullish market comes, and it will be the happiness of the Bitcoin holders.
Continue to save bitcoin and hold, don't ever hesitate if you don't want to regret it.

Paul Pogba

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When the market is red like it is now then the best thing is to hold, if we have a long term profit vision then when a dip is an opportunity to buy more, an increase in bitcoin will definitely occur in the near future, so don't ever regret not being able to take advantage of the right moment to buy.

lionheart78

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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?

When there is a dip in the price of BTC, it is always a good thing to hodl and a better idea to buy the dip. One of the major reasons is that the Bitcoin market is cyclical and if Bitcoin is currently at its downtrend, it is a good moment to buy to maximize profit when the market shifts to an uptrend.

Now looking at the current phase of the Bitcoin market, we all know that halving is less than a year from happening, and halving is one of the catalysts for the Bitcoin uptrend or Bitcoin bull run. If we buy today, we might get a huge profit when Bitcoin uptrends and rallies to its now ATH. All we need to have is patience to wait for the time to come after buying at the current market dip.

Nrcewker

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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?

I would ask you to never stop accumulating the Bitcoins, whatever the price is buy as many Bitcoins you can and just store or hold it for long term. You shouldn't wait for the dip, buying Bitcoins or accumulating it shouldn't stop at any point. We all know what is the capability of Bitcoins, we have also seen how far Bitcoins have gone. We have also known its value as its limited in number. Now the decision is yours what to do next, whether to buy or not. Every time just buy the coins and wait for the price to buy.

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Quote from: posi on June 08, 2023, 08:15:32 AM

The whole altcoin market depends on bitcoin, if bitcoin goes up, all goes up, if bitcoin goes down, all goes down. If you think bitcoin is still likely to drop in the near term, then you should stay away from altcoins because if bitcoin falls again, a lot of altcoins will die and disappear altogether.
Investing in altcoins at this point is still very risky, so I suggest you continue to focus on bitcoin and stay away from altcoins. I like people who invest in altcoins and are not too conservative to only invest in bitcoin, but altcoins are very risky, so we need to have the right time to invest, don't invest indiscriminately.

In short, you can see the picture below.
It will explain how Bitcoin will affect all crypto prices.

Investing in Bitcoin is indeed the main investment and it has become a recommendation from everyone.
However, entering Altcoin is currently very risky because the crypto market is still unstable and Bitcoin is still in bearish mode due to some FUD that occurred.

I am also still monitoring the market situation and have not entered into altcoins. some Bitcoin assets I still hold.
If things improve I will start getting into the top altcoins that have a chance to go higher after this storm is over.

posi

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Quote from: judaspriest on June 07, 2023, 05:11:59 AM

For Altcoins, it's clear that it's time to buy at DIP, but for Bitcoin in my opinion it's still not,
because some of the conditions for another bullish haven't been met, so there's a possibility that Bitcoin could drop again,
what we have to do if we've bought at $30k or $20k we should hold Just until the market really recovers.

The whole altcoin market depends on bitcoin, if bitcoin goes up, all goes up, if bitcoin goes down, all goes down. If you think bitcoin is still likely to drop in the near term, then you should stay away from altcoins because if bitcoin falls again, a lot of altcoins will die and disappear altogether.
Investing in altcoins at this point is still very risky, so I suggest you continue to focus on bitcoin and stay away from altcoins. I like people who invest in altcoins and are not too conservative to only invest in bitcoin, but altcoins are very risky, so we need to have the right time to invest, don't invest indiscriminately.

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Quote from: pooya87 on June 06, 2023, 07:46:43 AM

The global economy is too uncertain right now to make any serious investments in my opinion. And it is not only about bitcoin, it is about everything else too. With the ongoing recession and inflation and with the recent re-start of the money printing machines in United States after they increased the debt ceiling we are in for more of economic uncertainty.

For now stick with DCA and HODL...

That's right, what is happening to the world economy today is very uncertain, some that need to be considered other than the decisions of the American and The Fed governments that provide bad results for normal economic standardization, such as Russian-Ukraine conflicts are also still ongoing, which I am Thinking is one that makes economic uncertainty and has a crisis impact, especially on energy for most countries, in addition there is a de dolarization schedule that I think will also have an impact on Bitcoin indirectly, I think at this time we are in the days economic transition period.
DCA and HODL are the only one-one most effective options in the current situation, because if we are make a serious investment, maybe our mentality will get the consequences.

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Quote from: bakasabo on June 08, 2023, 05:28:59 AM

Isnt it time to take pause from crypto and just observe how SEC and Binance are fighting? Because this fight gonna last long, and the victory of one party will greatly influence on the market. Either a huge price drop and a stagnation, or a jump. I see no point of buying now, as the price easily can go lower. I prefer to watch from the side and hold. I think I will have plenty more chances to buy dip.

But having a pause also letting your self distance for a opportunity to earn? of course maybe sideways will happen but for investors like me? i think that Binance and Government war is just a flavor to taste but lets not take this our idea of investing.
because my Motto in life is "Better to Seek than to wait"

bakasabo

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Isnt it time to take pause from crypto and just observe how SEC and Binance are fighting? Because this fight gonna last long, and the victory of one party will greatly influence on the market. Either a huge price drop and a stagnation, or a jump. I see no point of buying now, as the price easily can go lower. I prefer to watch from the side and hold. I think I will have plenty more chances to buy dip.

Topic: Time to Hodl or buy the Dip? - page 5. (Read 927 times)