Topic: Will BTC dip again? - page 2. (Read 1765 times)

i agree that even though in past history bitcoin experienced a halving and then a few months the price rose significantly, but that cannot be a benchmark for us now, even borrowing money just to buy bitcoin is a risky thing because we don't know whether it really goes up or down. so it's best for people who plan to borrow money just to buy bitcoin for the halving later to remain alert and not be too fixated on potential profits to the point of ignoring the fact that they are borrowing money just to invest in it because the price of bitcoin could be different compared to before.

Volatility has been a factor of Bitcoin functionality, it will be best we build our psychology in terms of the downward and upward movements of Bitcoin in order for us to make an informed decisions, no one can actually tell to what extent it become of Bitcoin in terms of the bearishness and also to what extend in terms of bullishness. However, the only realistic and certainty is the volatility nature of Bitcoin. Bitcoin will surely dip again and come up again that is it's natural phenomenon.

I do not agree with the remark that "Investment in Bitcoin can be done at any time," This is one of the misleading heresies surrounding Bitcoin investment. We should be smart in our investment regardless of whether or not it's that of Bitcoin, investment is investment and assets are assets. They have good, bad and ugly times, so we should rather wake up and face the reality and not let anything blind us about Bitcoin investments.

Those who bought Bitcoin at a high level in the last bull run are still lamenting, though it tried to impress them better now, but for how long? What if the person needed the money in 2022 but trusted in Bitcoin, can such a remark be good in his hearing anymore? I am an investor in Bitcoin as well, but I invest sensibly. I only buy low and sell high when the monthly chart tells me to do it having confirmed a long-term bearishness on that chart. This is smartness and not just being blinded by some general saying about the coin that looks too perfect.

As it is now, Bitcoin would be met with some stiff resistance which is happening already, and on a further look, 2 weeks ago, I declared a sideways movement for the coin, which is also happening currently. However, over time, I think the low of around $56,450 will judge if breached lower, then Bitcoin may sell further. The same thing could be spoken of the high of around $73,850, a breach of it can only declare the continuation of a bullish trend.

Of course, but it is very interesting to hear your second point where there will be many people who want to request fresh funds for BTC purchases and of course the goal is to prepare for this post-halving price increase, and I personally think if this wins it will be very good to make the process of BTC price increase faster because purchase requests do not only come from large institutions but from personal especially with large amounts.

Regardless of the desire above, I personally have a thought, we should have a positive outlook in any condition so that we can think clearly and take advantage of all the opportunities around us in increasing BTC ownership in the future, meaning that even if it is done, it must all be carefully calculated.

You hope bitcoin will drop more but that doesn't mean it will happen. Bitcoin has not yet been able to increase in price after nearly 2 months of adjustment, but that does not mean it will definitely decrease further, so is waiting a good solution?

Personally, I don't know if there will be another correction, but I think we are very close to the bottom of this correction, so buying now wouldn't be too bad.

By the way, not only you but many people I know are also planning to borrow money to invest because everyone believes that the bull season will come in a few months. But I want to remind you that no one can guarantee that history will repeat itself, so you need to consider carefully before deciding to borrow money to invest.

I do hope that bitcoin does dip, I've got like a thousand dollars here that's waiting to be dumped into the dip because I know how it's going to be when that dip happens, it's just a prologue to a really big price pump. I do my DCA but I know that I'm going to be buying a lot of bitcoins all at once when that price dump happens, I might even ask for a loan that would supplement the purchase to gain more value but that's probably a really risky and stupid move on my part so that's still in consideration.

Yes, that's obviously going to happen, people selling their bitcoins for profit is always tied to the price of bitcoin in the market, that's how the market works, supply and demand. I totally agree with you about the decline before a big price pump, that's why we need to up our bitcoin investment game, save up money for DCA separately from your money that would be used to buy huge value when bitcoin price dips.

Currently, after going through the halving period, everyone is waiting to see what will happen with Bitcoin. I agree with you that investing in Bitcoin can be done at any time, but it would be better if the price is corrected so that you can get a cheap price and immediately hold it. And now everyone will wait for the correction to be able to buy and hold until the market increases, so they can get maximum value.

I still think buying bitcoin when it’s heading to its new all time high is never a problem. The fact that you are hodling bitcoin for long term, then you should not worry too much whether the price will consistently crash because we all know after a crash, we will see its price skyrocketing. That’s where being patient becomes more challenging knowing the fact that not all investors are patient enough to wait for the right time to sell or the perfect time to buy. Lucky are those who have stored the right amount of patience because they end up always succeeding at the end.

accumulating more coins especially bitcoin for yourself is good but what you are supposed to do is to have the timing so that you cannot experience lungs for your investment that is why sometimes when people want to invest in Bitcoin dimension that they make sure that they make all the necessary that there are suppose to make before investing in Bitcoin so I believe that research is one of the prominent thing that we are supposed to do in order for we to benefit from bitcoin.

there have been dip happen recently and looks like the spike is happening again and with out market now? looks like we will be facing several up and down before the halving effect  comes month after  so what do we need to see and expect here?
but When? are we nearing to see 60k again or this will take place after several months?

well this also depends on how long you will invest in bitcoin, set the target too, so that it is easier to calculate or estimate it is to look at the bitcoin cycle where you find where we stand now, is it worth still buying and collecting or not, is the highest point now the highest point of the bitcoin cycle target, every bitcoin cycle always gives profit to holders who believe in it, don't think that bitcoin never goes down and don't think that bitcoin will always go up, it will make you fooled, so to anticipate all possibilities and market fluctuations then you just need to invest in bitcoin using the DCA strategy which will make you easier to invest and cover losses on falling prices when you have bought at high prices in the past.

If you don't start today then when will you start, thinking that btc will go back down can you be sure, the market is an unpredictable creature, don't take the wrong step sir.

Yes it's up to an investor that at which price he is buying Bitcoin but it is necessary to make a target according to your buying price because if at higher worth you are buying then at higher than buying price you will have to sell.

One should not buy when the price is near all the time higher value because the price increase takes years and if you buy at increasing worth then you have to wait for more years to get the reward so always choose a price that is lower and according to your money.

We can call this a market because it would really be having ups and downs and this is something that you should really be that making yourself that be wary about its volatility.
It wont be called a market it would really be just that having that single path to take and this is something that you would really be needing up to realize so that you cant really make yourself
that too optimistic because too much expectation would really be leading up that that kind of disappointment on the time that price you do expect didnt really go as planned.

Dipped again? Market is unpredictable and there's no way that we cant really be able to know on where it would be going whether up or down. This is why on the time that you would really be able to make
yourself that having that engagement into this market then always expect the unexpected and this is something that you would really be the main thing that you would really be
able to encounter. So making adjustment would really be the key.

Always expect the dip because it will definitely take place, that's the essence why their is volatility.  Even in the bull market you will definitely see some slight dips and if you are not careful you may sell in fear when you are not ready. As an investors it is important to train your mind and never allow the dip to be a threat to you. The dip will surely occur that is why one needs to wait for the market to increase to recover you money back. The dip should not be a reason to fear , just keep on hodling your bitcoin till you hit your target . The price of bitcoin will increase more than what it is now, so when you see bitcoin dip just know it is opportunity for investors to buy more.

Bitcoin is a volatile coin and being a volatile coin there is always tendency that the prices can go up and them down.so bitcoin will always dip but going down to $50k that is what am not sure of.but u don't have to wait until bitcoin dip before u begin to accumulate bitcoin u can DCA .with this method it will not affect you if you buy when the coin was high and you can be able to accumulate a sizeable amount of bitcoin in your portfolio, by buying periodically and hold for a longer time.

If you look at what happened in the past, the price of Bitcoin can always increase higher from time to time, even though there are many price corrections, but the end result is a profit for those who hold Bitcoin for a long period of time.
There is no doubt that there are benefits that can be obtained if you are able to invest in Bitcoin for a certain period of time, but in my opinion we have to ensure that we enter to buy at the right time because Bitcoin price movements are currently quite difficult to predict.

In my opinion, Bitcoin's price is now strong enough with support so there is little chance of a deep correction.

Yes there will always be dip even if Bitcoin should  hit $100k , unforseen circumstances can cause a decline in de price and also Bitcoin been a volatile coin de price is not always.dont forget that dip is said to have occurred when there is a decline in de price of Bitcoin.

Everyone who wants to become an investor and has the desire to invest in Bitcoin, of course the capital they will use is special capital that each of them has deliberately prepared for this. So they are no longer so worried and affected by price reductions and price increases of any percentage if the goal is for the long term with a profit target that exceeds many people's expectations. Because Bitcoin will not be very suitable if an investor only holds it in the short term, the portion of holding it in the long term is much more suitable for Bitcoin.

Anyone planning to invest in Bitcoin should endeavor to avoid the experts and financial giant projections because most often they spread nothing but fear and uncertainty. Although their are some merits in their comments especially in the aspect of interest rates and inflation, they have failed to integrate positive parameters like the ETF approvals and many countries legalizing Bitcoin. In all, there is actually uncertainty in this halving which makes it difficult to know what direction price will follow immediately and in the future.

Well now current price per Bitcoin is less then 65k. So now will be a good time to buy the dip if we have some extra fiat we can invest.

But we must be careful about price correction. Investment bank and financial services company Goldman Sachs made this warning about halving.

https://www.thestreet.com/crypto/markets/goldman-issues-bitcoin-price-projection-warning-after-halving