Time to Hodl or buy the Dip? - page 6.

ancafe

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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?

Consideration of buying Dip should be adjusted to the capital you have, currently bitcoin is again finding a slight recovery on an ongoing basis and even though it has been on the decline for several days. If you are one of the long-term winners, $ 25k-$ 30k is still worth considering buying, especially if you rely on the long term as an investment concept, so that accumulating at that price also won't make you lose.

But most people will try to match their buys on both Dip and DCA basis, so that at the right moment if they have big money will try to accumulate big buying when the price dips below $25k. Both are still pretty decent to use now, Hold with the amount you have and buy to continue to collect. But if you don't have much capital on hand then DCA will be much better at collecting bitcoins, the final decision how to try to observe the market according to your knowledge.

monineklutak

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Quote from: StreakW on June 07, 2023, 09:26:23 AM

If you look at the current state of the bitcoin market, it seems that the current bitcoin price is in the $26k-$25k range, not a good opportunity to buy. I speculate that the bitcoin price has the potential to drop to $20k. Therefore, it's better to wait until the bitcoin price drops to the $ 20k area, then you can buy and hold until the bull market comes later.

We don't know whether Bitcoin will fall again at $ 20k or below $ 20k, what we should do is accumulate at the current price,
because the bottom is still not visible, it could be that the bottom is at $ 17k to $ 20k,
and if you not accumulate from now then you can be miss profit if the price of Bitcoin pumps,
I'm sure there will be good news ahead of the halving.

laurenB7742

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Quote from: Yaunfitda on June 07, 2023, 09:24:13 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?

It's always been a good time to buy bitcoin, I mean we are not yet on the bull run, so everything is at a discount. Lowest low, $15k, the price now, at $25k-$26k, so still it's a very attractive to buy whatever angle you look at it. There are investors though who are willing to wait or wanted to buy it more cheap, maybe <$20k.

But the question is, what if we didn't go that low, so they might have missed that opportunity already to buy right now. So for me, as long as you have the budget and do DCA, you will be good in buying.

As long as bitcoin is still lower than the old ATH, this is always a good time to buy. The market is unpredictable, so don't wait for the price to drop, but using DCA is the wisest way. I remember when bitcoin dropped to $16k last year, many people didn't buy and waited for lower prices and ended up, they missing the lowest price. So don't let that mistake happen again, waiting for bitcoin to drop to $20k is not a good idea, there is no guarantee that will happen, and if we continue to wait, maybe we will miss the opportunity to buy bitcoin at a low price.

Yaunfitda

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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?

It's always been a good time to buy bitcoin, I mean we are not yet on the bull run, so everything is at a discount. Lowest low, $15k, the price now, at $25k-$26k, so still it's a very attractive to buy whatever angle you look at it. There are investors though who are willing to wait or wanted to buy it more cheap, maybe <$20k.

But the question is, what if we didn't go that low, so they might have missed that opportunity already to buy right now. So for me, as long as you have the budget and do DCA, you will be good in buying.

kapalmabur

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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?

It all depends on our situation, if we have bought at $ 30k or $ 40k of course Hold is an option for a while,
but if you haven't bought Bitcoin when the Bitcoin price is at $ 17k or $ 19k then you can accumulate Bitcoin at $ 20k up to $25k if it goes down,
don't be too hasty to buy, make sure the market isn't in a panic sell or panic buy.

Halime Anatolia

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Quote from: traderethereum on June 07, 2023, 08:13:51 AM

This is still a good opportunity to buy bitcoin especially yesterday when the bitcoin price dropped to $25k.
But many people panicked at yesterday's drop and thought the bitcoin price would drop even further.
They didn't see it as an opportunity to buy more bitcoins but instead decided to sell some bitcoin.
And when they saw that the price could increase again to the current level, they were too late to buy at yesterday's low.
And if you can buy it at yesterday's or today's price, you can hold it until the price goes up.

Yes. many people panic. This incident is very common, because the average beginner trader is afraid of loss, but if done repeatedly, they eventually give up and get out of the market. On average 30% of funds are missing from the estimated value of the first capital inflow. Yes. Market timing can be challenging, and panic selling can lead to missed opportunities. Correct. this world let alone buying Bitcoin must have a long-term perspective, just maintaining it until the price rises has meaning.

StreakW

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If you look at the current state of the bitcoin market, it seems that the current bitcoin price is in the $26k-$25k range, not a good opportunity to buy. I speculate that the bitcoin price has the potential to drop to $20k. Therefore, it's better to wait until the bitcoin price drops to the $ 20k area, then you can buy and hold until the bull market comes later.

barisbilgili

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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.

we don't know how long the Bitcoin price has fallen in recent weeks the trend has continued although slowly so I think the time is right to buy.
and for some Altcoins it's the same, the price is currently dropping so I think we shouldn't wait for it too deep because we don't know if it will happen or not.
if the price goes down then buy, if we already have it then don't ever panic, as happened in the past, everything will recover, so be patient.

traderethereum

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This is still a good opportunity to buy bitcoin especially yesterday when the bitcoin price dropped to $25k.
But many people panicked at yesterday's drop and thought the bitcoin price would drop even further.
They didn't see it as an opportunity to buy more bitcoins but instead decided to sell some bitcoin.
And when they saw that the price could increase again to the current level, they were too late to buy at yesterday's low.
And if you can buy it at yesterday's or today's price, you can hold it until the price goes up.

peter0425

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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?

Buying is indeed best in bear market but never forget about the idea of buying everytime that you have funds .
Because our chance is always there as long as we are willing to keep holding at least for certain time.

jaberwock

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Quote from: Adbitco on June 06, 2023, 08:04:24 AM

More dip is possible so i won't encourage you to enter the market presently, carefully watch the market from now till weekend and there could be more chances it drop from $25k to around $21k. Actually don't encourage selling at this moment because you already on lose, so selling now might end up wasting your precious bitcoin instead DCA at this point will help you.

But the current price of the cryptos are still nice to buy right now and we still can't guarantee if there will be more dips to come. We are sure only with what we currently see. I would grab this bargain rather than to regret later on or maybe I will buy some coins and left some money to buy later on, just in case another decline is going to occur.

If we bought now and then the price dips to $21k, its of course a loss so I won't sell but I will wait because I am 100 percent sure that Bitcoin will recover. For those who already bought before, selling might still be possible for them though if I were them I will HODL a little longer because everyone is positive that a bull run will come in the coming months.

judaspriest

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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.

Oasisman

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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?

This has been asked a million times already. Again, if you guys are unsure and skeptical on when will be the perfect time to buy bitcoin, because basically nobody knows how sharp the correction is or the bottom, then the perfect thing to do is to DCA. Hodl is always a good opportunity, obviously and missing a dip is a missed opportunity as well. So, you have to look at bitcoin's ATH and do the math from there according to the current price today for you to somehow ease the difficulty of making decisions.
Don't wait for the $25k, start buying fractions now might be a bit deeper as bitcoin starts recovering now.

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

... at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?

Both. You HODL what you have and keep buying. Like Oshondy says:

Quote from: Oshosondy on June 06, 2023, 05:32:32 AM

My advice for now is to continue to DCA.

Trying to time the market is very difficult and most times counterproductive. DCA is better but it is not necessary to follow the simple DCA strategy, which consists of always buying exactly the same amount on the same day and at the same regular interval. You can take advantage of low market moments to buy more and bullish moments, when ATHs are beating, to make partial sales. We are now clearly in the first case.

lunnatic

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If you have bought at $ 20k, of course Hodl is an option, but if you haven't bought Bitcoin until now, that's a problem,
we will never know where the DIP will go, is it $ 17k? $20k? or even the last dump yesterday was the DIP at $ 25k,
I don't know the most important thing is if you haven't bought it yet then just accumulate it at the current price.

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I think, it's better to continue hodling till the price hit $50,000 before investors will start releasing their Bitcoin to market to make a good profits and to prepare ahead for another bearish market to come. Since the green light is about to be stable in this month of June show that is not advisable for investors to buy at this point when Bitcoin price is still moving between $26,000 and $25,000 which is a sign that there will be improvement before the end of this month, for hodlers to believe that this year will be more better than last year. It will be a great celebration for those that will endure to maintain hodling in this season because bullish market is very close.

adaseb

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Yesterday was a good time to buy the dip. If you load the daily chart you can see that the $25K area is important because it was resistance but lately it was strong support. It dipped slightly during the binance dump and now recovered was quickly, this is what you want to see.

Maybe wait for a pullback and see if you can get a better price but keep in mind that I don’t think we will hit a new ATH this year. With all this sec suing exchanges over blurry regulations the future doesn’t have a new ATH priced in unless we get regulators under control.

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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?

$25K is a decent enough price to buy Bitcoin now, especially since it didn't last so long because now the price has returned to $27K which drop in the past two days is an opportunity for everyone who is still confident to continue to take advantage their buying moment on the Dip. So don't hesitate to buy on the Dip if it's Bitcoin, because in the few months that we've been through this year, Bitcoin has also gotten a little pump more often after a brief dip like it did in the past two days.

GeorgeJohn

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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?

it depends on your belief in cryptocurrency mostly in Bitcoin but for me I will advice you to utilise each and every opportunity that occurs during bitcoin challenges in the market, so therefore purchasing and holding of bitcoin is very good, but what I want you to understand is that a little opportunities been utililize during the time of bitcoin falling and rising can make someone a billionaire through a bitcoin bullrun occurrence, some times it's advisable to purchase bitcoin and keep for long time against a bullrun

ajiz138

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Buy the DIP, and HODL!

The thread is always about how to Buy Dip and Hodl
I guess you should probably go to that thread for some other enlightenment.

$25K is still being questioned by you?
I think if you already have the capital and are ready for everything including the risk, it's a good entry time, even if the Buy Dip is still a relatively low price, or a simpler way with this DCA that many people do to invest in bitcoin starting at a low price you can say the current price.

Topic: Time to Hodl or buy the Dip? - page 6. (Read 927 times)