Bitcoin Forum

People are waiting to buy lower, but what if you're wrong and this is the bottom?

You never know what's going to happen next.

I do not yet believe the bear market is over though but it can be over at any time, even before the next massive bull time would still be some slight bull and bear markets. You can have investment plan, example is to divide your investment capital into 4, invest one after the other as the price continue to decrease.

It's okay, I've got myself fine and got already the opportunity when it was low. No regrets as long as I've got a few since the situation that I'm in a really needy for some budgeting and personal expenses.

Yes, it's always the actual case.

We don't know what will happen next. It could be the reversal up to the moon or we'll still have a lower low that made us believed that we're already out of it.

True. But we are funny to be honest.
When price is at the peak ($60k and above) everyone was thinking they are going to miss out and jumped in to buy. They were regretting why did not they buy when price was cheap. They do not want to miss it. But now when the price has declined 60% and more, they fear what if it disappears or some are still waiting for the price to decline more. Most of the investors have no clue to have a plan.

Have a buying plan, accumulate as much as possible. DCA helps. Market has given you a chance again. Take it or leave it.

Actually those still waiting will never buy. They still need some sort of miracle to convince them. Some wait for lower prices and when the prices start rising they cry that they've missed the train and now is too expensive (no matter when that now is), some others are disappointed and sell now at a loss, claiming Bitcoin to be Ponzi and so on, and near the next ATH they may FOMO buy again.

As said, human psychology is very strange / counterintuitive. And also as said, whoever wants to buy, DCA is the easiest and best way to do it.

It does look like we're taking a break from larger price movements in bitcoins price but there's still a good chance we'll end up going lower.

Most people that sell at these point will end up panic buying again though (especially newbies) if we form a lower low after a few years, we're likely to get near it again but most get to nervous of missing other price action and start buying at a loss (a lot do well out of it too, it was just a waste of time selling in the first place).

It's very simple then they can buy on price level when there is a correction. Let's assume 17,500$ is already the bottom, Traders can still buy at 23K, 24K and 25K to wait for confirmation of the uptrend and they both experience gain. The only onl difference was there gain is slightly lower to the gains of the people who bought at the bottom but stil it is same gain while they avoid gambling since they might face losses if the price dip way below 17.5K level.

This simple analysis is always being missed out by newbie that typically always want to purchased at bottom which is very hard that’s most new always buying too early and suffer loses when the downtrend continues.

Everyone want to buy at the bottom, but the dumb people will wait until Bitcoin hit x price based on self proclaimed expert while the wise people wouldn't wait, but will keep buy every dip by setting up various buy orders e.g. $20K, $19K, $18K, $17K, $16K, $15K and so on. The worst thing is how many people always believe what those called expert saying on twitter while he didn't even understand what is Bitcoin at all.

That's why you spread the buy zone.

Based on the history price bear, most of the time on average -75% to 85%. In-case this happened and you're to late to buy on the bottom, spread a buy zone would be good. No one know the bottom, but while people say "Bitcoin is dead"

A good time to buy, just need to spread the money.

Then you must learn to be confident in your decisions, this is a step against FOMO, FUD and deep regret. All people's decisions should have consequences, even professional traders will not always have the opportunity to get the expected price.

Even though you managed to get ATL, are you also sure you can sell at ATH?

That's the exact reason why DCA is the widely recommended buying strategy. As the price goes lower onto their price targets, a lot of people will just go "oh this will drop lower for sure"; and their price targets will just follow the trend.

If I misinterpret and make me buy at the price I want, but the price goes down again, I won't panic and will wait until the price goes up again. That's why we shouldn't panic whatever happens and have to plan how much money we will use to buy at current or future prices. Maybe we will find it difficult to buy at the lowest price, but as long as we can buy at a low price, I think that's okay.

Those that want to buy at a lower price are either too greedy, obsessed with catching the bottom or both, bitcoin has a 70% discount from its all time high, how much cheaper they want the price to become to finally invest some money in it? If you have the money there is nothing wrong with buying bitcoin right now and taking advantage of the opportunity that has presented itself, so while what you are saying is right it is likely we are never going to convince people like those to take advantage of the opportunities right in front of them.

If you are a trader, why try to catch the bottom all the time?
Trend trading is the best strategy because you can profit both up and down.

Better advice is to ignore the noise. DCA and HODL. That's this cycle game.

Of course, we don't know what happen next month or next year to the crypto-world which is increasing or decreasing the market. But, those who are connected the crypto, they understand that this is one of the best time to buy the crypto-currencies. I also try to more invest as I can do.

Theres still fear that buying now will make them waitnfor the bull run to come. Not everyone patient to wait for the trend to shift. Thats one thing theyd prevent while all they want is to profit the very moment they buy.

These are like leeches that sucks the money out but its the way it is for they think its a get rich quick as well.

people who is interested to buy cryptocurrency don't need to wait for bottom before purchasing, indecencies that Bitcoin depreciation is continuous one, and secondly we are suppose to purchase now as the price in twenty one thousand (21k) because the decrement that will go beyond twenty one thousand, from my perspective is not orderly strong. Because it might be a delay that we are waiting for more dip while it can move off going up. So this is the right time to purchase and hold.

To my greatest surprised, the market have been at a particular place for long now I think the bull is around the corner. From few posts gone through the forum was estimated is been 8 months now since the bear started so I believe bull will be time soon.

I personally think that bitcoin can go lower but I did buy at @19k just to be safe incase bitcoin doesn't go on what direction I expected. I spend 10% of my whole bear market budget to buy at 19k since it's one of my buying point. This way I wouldn't regret if bitcoin goes up entirely. Accumulating now would be the best thing you could do or not  :P

Catching the bottom price doesn't work every time and believe me it's very hard. Just buy on big supports and never look back.

it's obvious that their is no stipulated to be enshrined that will be the occurrence of bull market. Many of us is under the state of assumptions to analyze and make unfair prediction speculation of the rising of cryptocurrency because of the long stays in the bearish.

What causes the speed market return of increment is dependable to the gravitational force of the determination of demands and supply of the market. Which it's clear that no body knows when the market will return and when the demanders will be surplus than the suppliers.

You are raising a very interesting issue. Those who are ready and determined to buy bitcoin will not wait for the best moment and will buy right away, because they believe in the potential and in the future of bitcoin. Such a person initially understands that sooner or later he will make money on this purchase anyway, therefore, he doesn't look for various excuses, to delay bitcoin purchase. So, I also believe that those who are waiting for a price reduction will not buy bitcoin even for $10.000 if this happen. I'm talking about newbies, of course.

It's quite possible they may miss out and will need to take lessons learned, and buy in during the next cycle but the kicker is that this will cost more next time than right now.  Ex, when Bitcoin hit 20k and then dropped to 7k.  Those that missed, if they decided to get when Bitcoin recently touched 18k, would still be looking at a little over 2.5x the cost of entry vs 7k.

Tending to look around on whats happening then we cant really see any positive sentiments or news that could really be considered as a positive catalyst on bringing up the price up or making some change in terms of

trend and as we can see that the price isnt really that moving much.It might able to make up some positive pullbacks but it cant hold that strong if we do base up on technicals but we know that it wont really be that
precise on relying with those indicators or analysis yet anything could really happen along the way.You cant really determine if this is already the bottom and this is what makes it hard on dealing on the market.
Its up to your own call whether you would really be going to take some risk on positioning yourself with the current market condition or would wait up even more?

Best time to Bitcoin is now because you never can tell it's chart pattern either it's going be a bullish movement or a bearish one. The best alternative to take on the coin is to buy it below the range of $20k, after all Bitcoin will still shoots to the moon. It's Al about patience and know the right time to go into the position. But the market presently is unstable, I feel like we still have one more dip coming in which will make a lot of things to crash and Bitcoin will be among it.

Well, just about to happen that Bitcoin moves back low again after reaching a high of almost $22k. Kinda be seeing it dropping again but for me, I suppose not to wait for the bottom as we never know when. If ever we miss the chance in the last time on its first hit, we've better take this now rather than waiting for the bottom price. We actually don't know what is the incoming nor we ca be negative just because of the dumping trend as who knows if the pump will ever come next? We have to play the market trick - take the risk.

That's what I have been saying. This could be the last range.  But I assure you that people waiting for $10k are not real bitcoiners. If it eventually gets to $10k they will wait for it to get to $5k and eventually wait for $1k. They are not serious to buy. The real bitcoin believers as buying as much as they can, while some are buying straight away, some are using DCA system to buy. But the worse would be if you don't buy at all at this stage, even if a fraction.

If we are seeing from how the bearish market cycle is ongoing, this should not be the end of the bear market, based on cycle and alsoindicatr. However, everything may happen suddenly and unpredictably.
That is why I personally prefer to do DCA or buy Bitcoin by average at certain rate drops. So, we have add or collect some amounts of cryptos. In this case, although we don't know whether this is the exact bottom or not, never do all in for investment, because as wesay, we don't know yet this is the end or not yet.

That's exactly the fact in the crypto world, everything is unpredictable and no one really knows what's will gonna happen.
We really don't know the bottom price in the market, but I'm sure we're in a massive correction, and anytime Bitcoin price will plunge and give everyone a good profit those patiently waiting.

I tend to agree with this and this is what I usually advise people when someone wanted to invest in Bitcoin but didn't know where's the bottom price.
Purchase Bitcoin in a DCA (Dollar-Cost Averaging) way, this is a very safe way of purchasing Bitcoin while waiting to resist.

Yes in the end regret not being able to buy when the opportunity exists,
so it's better to take advantage of the opportunity to buy and don't wait for the price to drop,
or buy it gradually seems to be the right solution

No one knows indeed, no matter how expert you are in making your research and reading the candles and all, crypto world could make them upside down in a sec. It's hard to predict whether is it already the bottom or there will be more. This time of day, bear market could be over at any moment, you leave the market for a sec and then, there, it's correction time or maybe the other way around.

That's why DCA is the best strategy for now I think, since we don't know the bottom price it's better to do DCA little by little. I'm doing that with a little capital left from my exchange wallet since I don't have a lot of capital so I should have a target price before going in. Don't always think that our prediction is right but think that if we invest in this kind of thing we should ready to lose our money.

The price of Bitcoin and most of the Altcoins today is red, maybe this is a good opportunity to buy, I have put a price of $ 19500 to buy and $ 1050 to buy ETH, when the market is red then buying is certainly better than selling, A good opportunity for big profit in a short time, after the price is filled, immediately set the selling price again.

if you want to sell it right away in no time, I believe you are too hasty with your trade. the price of BTC does seem to have decreased, it is very suitable to enter but sell it in a short time, I don't think it will bring you big profits.
if you want big profits from the Bitcoin or Eth you buy, you can be patient with it. history has told us how the market always works for those who are patient. if you sell it short, I think you will only make a small profit.

Buying dips is more like a day trade. Dollar-cost average is the key.
Today's panic sellers will be tomorrow's panic buyers And those who sell now will buy back at a higher price later

Bitcoin is a widely maligned digital currency but is finally starting to take off :)

Agree with you, like for example for others to understand especially newbies if you have 1000 usd allocated to buy crypto in this bear market best strategy is buy every week using only small portion of it like $50 to $100 or lower depends on your money, don't ever use all your money to buy at once you might end up buying at the top, Always do this  dca strategy since we dont know the exact bottom yet for now as no indicators can correctly predict the bottom. 

Have seen lot's of people saying the same thing, but in Cryptocurrency body knows what will happen next, I personally think bear market is not over yet but with the little extral fund am having am currently buying bitcoin, just that I divided my money into 3 part then the more bitcoin dump I keep on buying because anything can happen, if we are currently at the bottom and the next step will be bull run, I won't still be left behind. So my advice is to divide your money and start buying in part.

People always wait to buy lower.
But where is the bottom? Nobody knows that.

I have re-bought some Bitcoin now. Maybe the bad idea...

But after 2017-2018, I don't want to get the same mistake and wait too long.

I mentioned this before, the best strategy at the moment is “DCA” when you are not sure that this is the bottom, the best solution is to buy from several price levels and thus get a good average price, long-term investors do not really care if this is the bottom or No, they simply buy more with each fall and then wait for a new top to occur, those who are now hesitant to buy bitcoin at the current price will remain anxious on every drop and say this may not be the bottom. In the end, they miss all the good opportunities and start crying.

Almost everyone will invest if the market is dumping. Everyone wants to buy with less.Currently the market is much lower down maybe there may be more market dumping But there is no profit in sitting in the hope that those who want to invest should invest in the current market.It is very difficult to say when the market moves to any position but when the market moves to any position.If the market goes well then you just have to regret it.So if you want to invest without delay, you can invest in the instant market.

It is impossible to know if it will go down further, and how far. I think the prices are attractive enough to invest. The advice is that you do not invest all your capital, reserve an amount, between 50% and 75% in case lower prices are seen

currently the price has fallen so far from the last ath formed. no one knows if this is the lowest price or the price will drop again, I think buying with some of the capital you have for now will be better and then planning if there is a price decline again so we determine the work area to buy next. and if it is currently the lowest price then usually the price reversal will form a bullish candle and of course we already have assets to hold

Some people are still waiting for the dip and we still don't know if we already reached the bottom of it yet to happen. It would be best to invest while the prices are still quite cheap than to wait for the bottom because the market might also recover soon. It's fine to wait for the dip but sometimes grabbing the opportunity to invest would be a wiser decision we can do.

Bitcoin is already down -71.0% from its all-time high don't know where people want to buy. 12k 15k LOL

When the bitcoin price drops everyone thinks why buy here we could get at a lower price, and guess what? They miss that opportunity and after that, they buy at the high prices

Edit; fixed typo

Any time is the right time to buy but yes seeing the moves for past few days, uptrend is seen marching forward. Hence, better to pile up as much as one can now. Invest on the best coins which have large volume. Dont wait for the market to go down more. There might be times for a sudden spike and might miss an opportunity to buy at low price.

That's the same as why you come to the market and trade if you don't know?

All do not need to think about the prediction of the extent that can not be reached. Because every trader makes a purchase based on what they believe and have calculated. When it does drop back down, you just have to wait and not make the trade a runaway.

that is the thing I'm thinking of first, because it's very clear that Bear market is still standing and people who is holding should hold and do not be in panic to sell, i know that Bitcoin is still experiencing hardship for the market, before we will be free from bearish it will take more time. When you see the market right now everything is still showing red in the market, so cryptocurrency will take time before it will recover

It is their money and their decision at the end of the day, maybe they will be right and they will be able to buy bitcoin for a cheaper price, in which case their decision to wait will be proven to be the correct one, however as you say it is also possible the price will not go lower than the current price and in that case they need to think about what will they do? As it is very common for people to wait for a price level to be reached and to keep waiting for it, only to miss on buying the coin they wanted and to not obtain any profits at all once the bull market is already underway.

This is true, there's even one user here that says bitcoin is like a box of chocolate because you never know what you are going to get. For someone that is a chocolate lover, all flavors still taste good. Same with bitcoin that whatever you end up with, either a bear or bull, you are going to embrace it because for you, all sides are helpful. When it's bull, you sell and when it's bear you buy.

I am sure that many of us have bought already on different dump angles so there is no need to regret anymore whatever the outcomes will be. Price now is 20k usd and no this is not the bottom because there are prices that are lower than this. Last time we are at 16k I think?

Every time we read about this, we will also think at what rate the bottom will hit or will continue? We will not know if this bottom is the last bottom or will continue to get lower bottom again. This means that the bottom price of cryptocurrencies cannot be predicted exactly.
But, if we are looking at the period, I feel sure that the bearish is still ongoing. This means that there will be lower bottom again for certain or most coins. Moreover, the having is still in 2024, so, the chance to meeet the bullish era may be still years later.
That is why why don't we utilize bottom to buy the coin step by step? or doing DCA? maybe this is wiser enough

No one can tell the exact bottom, majority just want to hedge on buying lower for maximum profit. So if this is a bottom for instance and you miss out on buying if you are good trader you will know its time to enter for moon journey. So there is no issues with missing out on buying lower. You can buy now and DCA !!!

even long time crypto holders dont know what will happen next. they are just waiting for what the market will offer owed to varying conditions and factors that influence the market price. if anyone knows how to tell when will the market gets its bottom, absolutely they will take advantage of it. but unfortunately no one can.

In fact, it is impossible to say what will happen in cryptocurrency.Those who want to invest in cryptocurrency can invest in this market right now.It is yet to be said which position the market will go to after the current one.So for those who want to invest, it is better not to panic.But the investment must be made for a long time.We invest in the current market without waiting for further reductions.

We all never know when and where the bottom is.
For me, aiming for the perfect bottom is difficult, it's very difficult. Buying at different price levels is good like leaving some buy orders at different prices, it's like splitting your buy orders.

That's true because when we panic, whatever our decisions will be affected so that we are not optimal and sometimes we can lose money because of the panic.
so it's as much as possible to stay calm and think clearly in any condition,
Of course it's not easy and you really need to learn

a lot of people misinterpret investment, most of them see it in the short term and earn multiple returns. things like this that cause panic sell that we often hear. it's actually easy for us to always buy when there is a decline again, or buy when we have free money gradually, whenever there is free money we have, so this can help our psychology stay awake

The tactic of buying every bear might help in this kind of situation and a lot of investors do that.
It will somehow save you from a sudden rekt and you maximize the profits as long as you know where is the time you will sell it back.
For long-term holders, it will be beneficial as they don't really care where it will go yet. Buying at the cheapest price is the only target and accumulating as much Bitcoin as they can until it hit the planned price to harvest the profits.

Yes you are right! No one knows for 100% how the situation in the crypto market will develop and where the price will go. Moreover, the crypto market itself is very manipulative, which means that large players will do everything to put many on the wrong path. As for the bottom, I do not think that the current BTC price is the bottom already. The fact is that the crisis has now begun in the world, which means that all markets will be in a fever and there is a high probability that the markets will continue to fall. In any case, no matter how it was, you need to carefully monitor the situation on the market and act in accordance with the current situation.

The size of the lower is certainly safer if in coins that have large marketcaps like Ethereum, BNB and so on, but if altcoins, especially those who have a marketcap are still under $ 1 billion, it is very difficult to determine lower price, this is the importance of following the advice of experts or influencers because they are more experienced.

That's the point OP. We can't see the upcoming change nor do we have to underestimate the market. Of course, nothing wrong with waiting for the bottom price, however, the idea isn't really okay. If we can afford to buy coins during the bull season, we can't make an excuse not to buy at the current prices. Perhaps, we can still buy if the prices dump more. Being an investor, we simply take every opportunity given, to wait until the bottom come is actually a waste of time and sometimes we got tired of waiting for it.

for inexperienced traders, of course, influencers might be a good reference that is quite helpful. but we can't just believe it, because after all they too must have been wrong in making predictions.

Bitcoin is now on the decline, after a few days of holding on to $20k. the initial stage of the decline has just begun again. this can go up to $18k. Don't be in a hurry to enter although in a few days we will see another bounce in the market.

Well, we cant really say if the current price is the bottom. Thats why its important to have plan or set price on when to buy. In my case, as long as I can afford the price then I'll buy, it doesnt mean if its not the bottom, what matter is I bought it during bear season. The price will climb up in time thus we need to be patient so take advantage this season and fill your bags.

You need to tell us what is going to happen next because is like I'm becoming curious. If the market want to go down then let it be, that is how the price of Bitcoin had been doing since it existence. Price always go up and down that had been the sequence.
 I have been hearing about the price of Bitcoin going down and I'm not surprised. I hope the price of Bitcoin will take a step up and continuing it bull path. Is like their had been a lot of bad influencers that had been taking it upon themselves to make sure that the price of Bitcoin falls more so that they can buy at the lower price. I shouldn't be surprised!

If we all wait patiently, we will be able to buy different coins at very low prices. This will greatly increase our chances of benefiting. Although the crypto market can change at any time, I believe we will see the lowest price of Bitcoin in a few days, the lowest price we have been waiting for.

The people are already investing a good chunk of money right now, wholesale style. I mean not "everyone" of course, there are a lot of people who do not get in, and even people who just stay out as much as they possibly can. But at the same time, we are talking about a situation where it is not going to be that critical of us to realize that people with a lot of money do get in, and they are the ones to follow.

If a rich person with tens of millions of dollars get in, and a poor person who lose a few thousand dollars to crypto winter gets out, then who should you follow up right now in this market? I personally would prefer to do what the wealthy are doing.

Have you seen the current market right now? If people still think this isn't the bottom of Bitcoin then likely they can't accumulate ever. I know the price would dump more but who knows what is going to happen exactly? Do we believe we can accumulate at the exact bottom where one can predict where will be the bottom? We should have our own bottom target which is the accumulated zone for us because we can't accumulate the exact bottom always. Only a lucky person could do it.

There are even people whom do believe that 21k is already the sign for market recovery and we've seen on the situation on what we are facing today which does really prove out on how unpredictable the market is.

We cant really totally able to tell or know on whats the bottom on which no one had anticipate that it could really pullback this time and might possible able to break that support we do have recently.

For those who hadnt been able to buy and now seeing the price is dropping then for sure that made out some boost up and they did the right call but the question is, until when they would tend to wait?
Price could really be the last dip as of this moment and we wont be seeing these numbers again when the market tends to recover or make up some u-turn.So risk taking or management will
always be depending on someone.

This is what I believe, people who are waiting even today will not end up buying and they will keep on waiting more and more. Many of them may even end up buying when the price goes up as well, which would be funny but it will happen for sure. Think about it, the price is 20k, and if they wait more for 15k, they may end up buying at 30k not to miss out on the profit making. If they just took the current situation seriously and bought it at 20k then they would have made a lot more profit.

All those people who will wait, will regret it later on. What would happen if they buy now? They will profit less, what would happen if they do not buy now? They would be too late and not profit for longer period.

No one can tell when is bottom,  maybe this can be the bottom,  or if there should be a bottom it won't be much difference with current price.  All I just know the price at which the market is now is a good price to buy that anyone can afford it. Cryptocurrency is unpredictable,   this maybe the bottom, Waiting for the bottom may eventually turns up to a bull market,  which we had opportunities to buy at the bottom.  Sometimes in cryptocurrency the more you expect the less you see.  Buy at every good opportunity when the market price is good and affordable.

I mean veterans do make mistakes, but they do not make mistakes as much as a newbie, hence why they end up with a profit more often than not. This is something we should be focusing a bit more towards and that would be a lot better for everyone involved, if you just gain experience. Just because veterans make losses, do not be hopeless about your future, of course it is not going to be 100% right trades, but you are going to be mostly profitable aside from few bear periods like this.

But, if you gain experience and learn the tricks, then I think the best case would be the bull period where people end up making profits beyond wildest dreams.

There is hardly a veteran when it comes to analysing the cryptocurrency market. I mean, you could try but your hardly going to get even 50% of accuracy.  Well the idea for me has always been, you have that point when you could say enough and just take what you've got and leave at that point. Other than that, your likely to make more loses than you would have wished to.

Often, people who do this don't seem to have a predetermined low in there mind, born out of analysis. They are always the least see how far it would get. Fortunately for them, the trend is set to hit a low and unfortunately for these set of persons they would never. Only when the market starts to ascend would they realise that was the point they should have taken advantage of and then, they start hoping for a reversal. Instead of finding an entry as the market goes and dive in.

I’m having a DCA (dollar-cost averaging) mindset right now where I don’t care about the price even if I am at a loss.

May 2022 - Bought BTC at a price of $30k+
June 2022 - Bought BTC at a price of $21k+

Yes I am at a loss but I don’t mind. It’s something that I can afford anyway with my extra “not beer” money and not through by means of loaning big amounts in a bank or so.

I agree that we may not know what will happen next because the cryptocurrency market is very unpredictable and has high volatility.

Well you just have to have a buying plan, you can't keep waiting for it to drop a bit deeper. Who will even believe it will drop to the level it is now. So in situations like this just buy when it drops within your budget and don't wait for it to drop deeper, because the wait might not worth it.

Well its good to buy at more lower price but actually in reality its hard for this to get predicted because we know how hard to speculate about what will be the deepest price to reach. But we can listen to the sentiments then see the price movement since if we see the green line starting to build up then maybe this is the time we are starting to accumulate. So really hard to buy when the dump is ongoing because its like we are catching a falling knife and we might get hurt if we keep accumulating while the price keep falling.

I do not recommend making your decisions based on anyone else's opinions/advice unless you want to gamble. I wouldn't trust even certified financial consultants to handle my money. I would accept advice and information/education, but that will get filtered in my brain.

--> Why?: Because when you're outsourcing your finances management to someone else and they lose your money you won't learn from mistakes. You will just have somoene to blame, but that does not bring you any benefit. Your ego will not get hurt though as you haven't made a mistake. But you might beat yoiurself for handling your money to whomever was the person who managed your portfolio/investments.

Just due some due diligence --> it really does not take that much time to absorb a decent level of information about the market you're trading and come up with your 'edgeucated' decisions.

This is why you should not use all your life savings to buy. So many people are buying more as the price keeps getting lower because they believe that since the crypto market is not predictable there could be a turnaround tomorrow in the market and they will smile.

I don't think the price of bitcoin will ever get to the bottom but if it does, then the next thing to do is to buy more because I believe the profit will be more if the bear market is over and taking a calculated risk in buying now will be a better option.

It is difficult without a doubt, people like to buy during bull markets because when they do so they expect the bull market top continue and if it does then they are almost immediately in profits and they can hold their coins way more easily, however buying during a bear market is more difficult because there is always the chance the price goes down after you buy and this makes holding way harder so people prefer to not do it even if that is the moment when the best opportunities to get some cheap assets are found.

It would be better if you forget about the purchase price for a while for your own peace of mind. Against the background of the current price of $21k+, $30k+ seems to be an unnecessarily expensive purchase, but in the long run it will surely turn out to be one of the best prices.

Also, a new line may soon be added to your list:
July 2022 - Bought BTC at a price of $17k+

Waiting for the lowest price for bitcoin may be delayed and this moment can be missed. The option with a periodic purchase to average out also seems to me the most acceptable solution. The way is a little and slowly, but still, to accumulate bitcoin at the current rate than to try to catch the moment of buying at the cheapest price.

If this happens to be Bitcoin bottom then a new bull trend will prove the fact. I rather wait to get a signal the trend has changed than get stuck in the middle of a continuous bear market. No one can accurately tell what trend is likely to form after this range market but what ever comes the candle sticks will give a better picture. Fake breakouts will get so many confused of the next decision of the market

Waiting for the bottom price to buy lower doesn't mean investors shouldn't buy through DCA every dip the market presents, only inexperienced investors will only wait for the bottom price and never make good use of the opportunity presented by the market.

The market always reaches a bottom price in a total bear market, i believe this is always triggered by the Bitcoin miners and if you notice the current you'll see that the BTC mining difficulty is different this day and a lot of miners are already in debt while some are not making a profit.

Here it is more important not to miss the moment of purchase, this is extremely important. It should be understood that it is extremely difficult and important for a trader to catch this moment.

We can only guess where the bottom will be and where the price will move but we don't know exactly when it will happen.
The market has now crashed again after getting the pump briefly a few hours ago but then the price dropped below $20k.
This makes the price seem to be holding on to that price level and hopefully, the price will increase in the next week.
Now we have another good time to buy and wait a bit to see the price increase.
But if the price goes down again, we are also given more opportunities to buy more bitcoins.

Since we are not time travelers and we are also not forecasters it is impossible to know the lowest price of crypto. We can only predict through
our research and analysis, that doesn't guarantee 100% accuracy either. But at least we have an estimate at what price we can buy Bitcoin.
Although actually at whatever price we buy Bitcoin it will always be profitable, as long as we can be patient holding Bitcoin in the long term.
So my advice instead of us looking for the lowest price to buy Bitcoin, why not buy Bitcoin regularly every time we have extra money.
Because collecting Bitcoin will give us the opportunity to make a very large profit. So don't delay buying Bitcoin for too long just because we want
to buy Bitcoin at the lowest price. Because we will really regret it if suddenly the price of Bitcoin pumps like what happened in 2021 and we haven't
had a lot of Bitcoin yet.

Don't try to predict exactly what the market will be like in the future, everything is approximate. A bear market is a good time to buy cheap coins, but if you are afraid the price will drop further, break your money into several pieces and then buy, not one at a time.
There should be a specific buying strategy according to each reduction; the more the price drops, the more concentrated the accumulation, and the bull market may sell less if it is profitable.

Those are still waiting for it to go below $18k or so falling from $40k and even high will never invest in it as they missed it $3k also believing it's not going to rise so don't care about them much.Those who wants to invest in it have the best time now but if you are still waiting then you are not ready to invest at all.

If you really want to invest I think this is a good time to buy it and if we waste this opportunity of course it is very unfortunate,
how long to keep waiting for it to drop and it's better to buy it gradually,
but after all we can't force it because everyone has their own decision

Isn't this link was connected or continuation to this topic of yours? https://bitcointalk.org/index.php?topic=5404736.0

If you know were in the period of bear market, I am pretty sure you will buy now 100%. Because, there are a lot of cheap value altcoins
that has been dropped in the market but its volume remained high in the exchange, were it means the price could kick anytime soon.
So, if you will not going to buy any potentials coins in which has been dumped its price, you will regret it in the end dude.

That is the biggest question in trading, are prices going to fall lower or are we already out of the worst? When it comes to trading it's all about timing, buying or selling at the wrong time can turn a good trade into a loss. For some people it's fun and exciting to bet everything on one card and either be right or wrong with their prediction. There are other approaches when it comes to finding the right time to sell and to buy than just listen to your stomach. Technical analysis can be a great tool in trading to help finding the bottom. But if you are accepting the fact that there is a lot of randomness and uncertainty in the market we will not be able to find the exact bottom. Then it is best to just buy smaller amounts over a longer period of time. If you split out your purchases over the next 8 weeks, and buy every week 12.5% of the money you invest your chances are higher to have a good average purchase price. There is still a lot of uncertainty in the market with very high volatility we can take advantage of.

Not only that, such a system may give the impression that you are going to be left without any cash in hand after you complete those 8 weeks, however if you have money to invest then that means you can save some of your income each month, so by the time you end your DCA strategy most likely you have another decent amount of cash already in hand ready to be used if the price remains low, which means you can keep accumulating bitcoin for a long time as long as its price remains on the low side.

Yes, that's really point of this thread.

But the question is, what if the bottom that we're expecting right now isn't the actual bottom. And that's the worry of those that are uncomfortable with the current situation.

Well, let's say this that we're not yet on the actual bottom but the whole point of buying now is you take every buying opportunity when you see them low.

And if it goes down again, you just buy again and you need to prepare yourself and budget for it.

Bottom is something that cant really be known no matter how pro or experienced you are on this market then there's still no one could able to determine on what would be the bottom or lowest price as possible

which means that if you do really want to buy lower then its up into your own considerations because there are factors which could really affect your buying decisions which is emotion
and any sentiments that circles around which it would really be giving out that anxiety and hesitation which i would consider to be normal.

We do want to buy in the lowest price as possible because that do simply means that you could really able to maximize profits when the market tends to shift.

We are aiming to that but it's not simple as it is, there are many influences and factors to consider while we see or experienced more bearish market movements, something that even pro are not capable to predict the exact barriers they are also just speculating and by experienced, they are assuming that there's additional movement that may take before the change will take place.

If you are well-decided and you think you already see the lowest value from your target position, whatever happen just hold and wait.

It’s hard to tell how low it will go. I have divided my capital into two parts, which is a small percentage. So, if you want to take a risk, then analyse thighs properly for yourself. Either take it or leave it.

It’s people’s own choice that they wants to wait.
I mean the smart people have already known the right time, when to buy when to not. But now here comes the ones who just greed for more and keeps on waiting, and hence for that reason they miss the golden opportunity.
I would rather suggest, buy when you can afford to buy, and if you are planning to buy Bitcoins specifically then buy whenever you have the money ready in this bear market.
Bitcoins are the coins that won’t disappoint it’s investors, so whenever possible buy as many Bitcoins as you can.

The crypto market is in deep crisis as a result of falling prices. Many investors are reluctant to buy risky coins as fears of a recession increase. At one time, investors in cryptocurrencies saw huge profits, which changed the fortunes of many investors in an instant. But that is now past.

We are free on whatever decisions we would make since its our money that had invested which means we do have the full control on what we would gonna do because not all people would really be sharing up on the same decision towards their investment whether they would be actively dealing with the current movement in the market or would really be just waiting for the price to become even more lower.
This is very situational and not all would really be ending up or sharing with the same decisions and actions towards it thats why outcome and results could never be similar into each one of us.
Each decision would be made will really be depending on someones experience,skills and knowledge on handling out theirselves in the market which do really indeed differ on.

Trading business is never dependent on others. Because they themselves do not know what may happen in the future. But it is best if you are using your own thinking or intelligence to trade. Another important thing in trading business is that you have to have a risk-taking mindset. Otherwise it will be difficult to gain. The market is less today, who will grow tomorrow, but here you have to keep your morale strong. If you are scared to see the bearish market then this is not the platform for you. It should be remembered that after the bearish the bull market come again. No one in the trading business can easily buy a dip. So don't waste time, it is better to buy step by step as needed.

Buy when low is a variable benchmark, low on short time benchmarks, or in fairly long time settings. These various lows make Bitcoin an ideal position at any time to buy on the correction line. You are right that Bitcoin is right to buy when the correction is seen, even though it is showing a decline again but nothing to disappoint investors when they start buying Bitcoin. Unlike the case with altcoins which are much more difficult to make a reversal beyond the highest price. For now, Bitcoin is always in a position that deserves to be bought.

In general, we must be 100% sure that we are ready for whatever it happens in the coming days and never have to feel regret. It is a way that every decision we made must be supported by analysis. Like we buy these coins because we know this will gives us profit, not losses. Waiting to buy lower is not a mindset of a real trader but rather considers an excuse for the people who can afford to take risks. Well, this kind of mindset will usually end up doing nothing and missing the chance.

Even the opportunity to buy at the lowest price is missed because it is not supported by technical analysis. If you use technical science, price analysis can be predicted and we know the price limits that will occur next. The mindset of continuing to wait for a low price will end up being a waste of time and a waste of time which will end up buying nothing.
I prefer to do DCA and do money management so that the strategy can work well.

That is why you just don't use 100% of your portfolio when buying these dips. Going all-in at one dip is a very dangerous move. If the market goes lower than that then it stays that way for a long time then you will have no choice but to hold your assets until the next market recovery. You also decrease your potential profit because you use all of your capital at a higher price. I know that there are people who have only small capital often use 100% of it to buy the dip but dividing your capital is a must to reduce the risk of your possible loss.

It is natural that everyone will always want to buy at a lower. otherwise there is less chance of profit. 90% of people believe bear market not end yet. it has much possibility to drop crypto market . then we can see more dip market.

How would you able to determine that the community is still believing that the market isnt totally having that bear market yet? There's no indication i would say and determining for u-turn or recovery
is the most impossible that someone would be claiming.Of course it would really be just common sense that we will really be finding the bottom to maximize possible profits and this is something
that we do always target out which it is really that been always a challenge on determining those levels and this is where analysis and knowledge do sets in whether you do make out some
buying decisions on particular price levels or you would wait up just because you do believe that the price could possibly even go more lower.

It is indeed much more effective to buy coins in stages, because no one can be sure of the lowest price of the coins that we will buy.
Because the crypto market is very volatile, so often our predictions are not accurate, so it is not recommended to buy coins with all
the capital we have. But we should buy coins with 10% of the total capital we have, so every time the price drops lower we can buy it again,
in that way when the market is bullish the profit generated will be much greater. I've been buying coins for about 3 years in stages,
finally in 2021 when the bull market came, I was able to make a very satisfying profit.

Moreover, entering a bear market in 2022 which is likely to run throughout the year, we have to buy coins gradually. We can also see crypto
prices continue to decline, but we will never know how long the market will decline. So we have to be careful not to spend all the capital we have
to buy coins. But for our capital to be able to buy coins in several stages, so every time it decreases lower then we can buy coins. Do this,
then hold the coins that we have bought until the bull market comes, then we will be surprised by the profit we make.

Every traders want to buy low but it looks like traders are confused of when to buy more coins. The market is not clear now and we all want to make good profits from investing in the crypto market and earning good project but it looks like things are difficult now. We are all afraid of whether to buy now and what if the market keeps going down, what will happens? The crypto market is all of risk and every trader and investors need to be prepared of the risks that are in the market.

There's a difference between crypto traders and investors which I believe ought to know.  The last time I checked traders, based on the market momentum while is the investors that usually wait for the bottom price before accumulation because their own strategy is either buy low and sell high or hold for the long term.
Having said that, there's no reason to be confused since we're yet to reach Q4 when the market always reaches the last bottom price during bear season.

Everyone wants to buy and invest at a lower price. In the meanwhile, if the market suddenly goes up, it will invest again from that high level.For example, when the market was at $17k a few days ago, but people were less and waiting. At present the market is in the range of $20k but there are more people waiting.But here they have lost. That's why I want to say that those of you who want to invest can invest in this instant market without waiting.

I agree. The market is still bearish and the price is moving sideways. If you can afford to buy at the current price then just do it and dont wait for the possible bottom since we cant accurately know it. Dont wait because you'll never know, the next day the movement might turn upward and you missed the chance to buy.

I think it wasn't portfolio are the ones that we will be using when buying coins but it was the money in our own pocket. What I know is that a portfolio is composed of different coins that act as our investments. It's fine to say to use them or to sell them but that must be done only when the bull market returns. If your capital is only small (literally) then it's safe to just all in it. The difference isn't too much if you will divide it to buy more coins once the price dips more. We can still be able to prevent losing as long as we know how to hodl until the market recovers.

Not everyone but maybe most? There are those who are scared with the dip and they will start buying once the market is recovering. They know that their chance to profit is low but that was fine, at least it was still a profit and not a loss.

But still, we are not sure about that as not all in Q4 are meant to dump, in fact, this is the time we also reach the ATH last year.
And so I said also and encourage people to just buy some now while prices are still cheap as we don't know what is incoming. We'd rather be prepared rather than blame ourselves and regret it. As we still have the chance, we better not lose it, instead grab the opportunity and then wait for the recovery.

Their is no point waiting for the bottom,  the price is very cheap for anyone to afford.  At the price of bitcoin still waiting for the bottom I see it as greed,  this a price to buy without any any regret, and if it still go dip again it is also a good avenue to buy again as far as one have patience to hodl for sometime.  This might be the bottom you have be waiting for to buy.

Maybe some investors who are waiting for the bottom are those who want to gain a bigger profit in the future but the bad thing is they might miss the chance of buying because of too much waiting. Sometimes aiming for too much can lead to missed opportunities. There are chances that we must grab right away.

As an investor then its no brainer that we would really be always looking for the lowest price as possible because we cant really just afford to miss out those opportunities to make profits as much as we could.We cant really just let ourselves to put or make out buy entry point on much higher level but we do know that this market cant really be predicted which does simply means that we do always miss
out the sweet spot but doesnt mean that we cant able to enter near that point or level.

This market is speculative thats why as a trader or investor then you shouldnt really be making yourself to be that perfectionist so that you wont really be making yourself to be that
frustrated or get stressed just because you hadnt able to get the bottom price whenever the market tends to make out a complete turn around or recovery.

The most annoying thing is that most often a person with such thoughts gets a loss ... Everyone wants to buy cheap, and this is normal. It's just bad that the situation often plays the game in other gates :)

That is not a mistake if you think the bottom is quite early and you have bought it. The market has been recovering and you'll not regret that you've bought it as a sort of dip before you've seen the actual going up of it.
It's true that we all want to buy cheaper and if you happen to buy one already and then later the price has increased, there's nothing to think of it and just don't regret that you've done your part buying the dip.

This is called “timing the markets”

It is very hard to succeed but when you do, it is the most rewarding.

Since most fail with it, it is often said that time spent in the markets give you safer returns than trying to time it.

All TA people try to time the markets and most of them lose money while people who DCA make enormous returns.

Well there is no regret if you have bought bitcoin at a cheap price and wait for it until the price becomes double the amount compared to the price where you bought it. I understand that we all want cheaper prices when we are planning to invest but the problem is we don't know the exact time on it so perhaps my advice is to buy at a little amount every time there is a new bottom line and hold when the market shows up. I think this is the best strategy for buying bitcoin if you don't know where is the bottom price.

I'm afraid that you are correct here? while others are waiting for that 10-13k price drops yet it increases since yesterday and this brings those who bought at 17k is now profiting 20% and that is enough for them to sell off and wait for another dumping , but I will not as I trust the market now and this will increase more any time soon.
That is why we must buy any time that we have available funds that we can afford to stay longer than to wait and wait then ending ? a loser .

And this is why you shouldn't be waiting to buy low. You never know when the real low will be. If you keep on waiting, there might be a chance that the price doesn't go any lower and it keeps on increasing. You might end up losing your opportunity to invest when the price was low.
So instead of waiting, if you have some money lying around, invest as much as you can. If the price goes down more, invest more and keep holding till the price goes back up again.

Bitcoin prices are rising a bit now. And now the price of bitcoin is not falling below 20,000$. It looks like Bitcoin will no longer be dumped.  Now Bitcoin will start growing again. So I think it's better not to wait anymore.  Now it is wise to invest. Otherwise, this opportunity will not be available for the second time.

If you want to wait for the bottom, then you won't invest in cryptocurrency because you will always wait for the bottom which at the end you endup missing the opportunity. No matter how low bitcoin price is, some people will still be waiting for more dip which the won't invest till they see the price at the top before they start regretting why they didn't buy when the price was low.

You're right about people grabbing the opportunity the market presented now and this is the reason why DCA is considered the best way of making a good investment.

But I believe you misunderstand my point when I said the Bitcoin market always makes the bottom price during Q4 because I was talking about the total bearish market. Go and check the Bitcoin price history you'll see that it always makes the last bottom price in the Q4 of a bearish year.

waiting for the intended bottom price must already be in the plan. such as determining the price to buy. and when the price is reached then immediately buy. no need to wait for anything deeper.
everything had to be planned from the start. the purchase price, selling price, as well as possible profits and losses. It's not as simple as buying it cheap and selling it at a high price. waiting for crypto at a lower price must know the ability of the market to move.

I agree, we can never know what will "exactly" happen, but we have seen plenty of times that Q4 happens to be a quite good one. This is why I believe that we shouldn't really be shocked at what we are doing when we are buying pre-q4, usually in q3 but I happen to get some in q2 as well. That means that we are just getting ready and if it works then it is great and if it doesn't work then so be it.

I have to say that if Q4 doesn't go up, then I will simply just wait even more, so it is not a trouble for me, if I have to sell in 2023 Q4 then I will, or maybe I won't even sell there, I will sell in 2030, who knows? I am a long term investor and I do not mind waiting.

True. As a trader one can guess the direction of the next movement of the market by looking at the structure of the market. So running in favor of the market is the right decision. Some investors have a habit of looking for the bottom in the hope of making extra profit, and because of this habit, they miss out on opportunities every time the market offers them. So as a crypto trader one must have an idea about the market and how the crypto market works.

Most people are of many emotions, I agree with the opinion that when BTC is very high, people buy, they do not care about the price, they buy the same because they think they will have profits quickly, but the rich, the millionaires never buy expensive, and those who do it are very likely to lose, it is for this reason that I always analyze the BTC market using the Wyckoff theory, it allows me to see what stage of the market we are in, because it is never good to buy in the distribution stage, and In the short term, it could be said that this has happened, but in the long term, I would not be able to say whether we will return to the accumulation stage or, therefore, we are in a possible re-accumulation stage, which is very valid, but given the fundamentals of war, I would say that You have to be very careful to buy, it is likely to go down, so it is good to buy later to take advantage of each dip.

Yes, we don't know when the bottom is. It is not impossible that we have passed the bottom. However, I think it is too early if the bottom to reach. If we look at the history of BTC price 4 years ago, it probably happens at least in Q3 or Q4 of the first year of the bearish season. The current increase in BTC price may be the sign for the next dumps, I assume it will happen in the near future. We are currently in the early of Q3, I think we must prepare to buy if there will be huge dumps again. Ideally, Q3-Q4 is the time for the lowest price.

There really is no regret there because you know that you're at the advantage right now and you're totally in profit whether we go through another bear market.
This is why most of the folks now that have held since 2018 don't really itch that much with the current bear market. It's not a problem to most because they've been holding it like since 2018.

Nothing to fear with the current market if you have your coin way back, those who manage to hold from that long period are capable of extending their patience, there are chances that crypto can turn to more folds even in this current momentum the value still far from the last time high. It's your choice. The industry is here to give opportunities for people who can work with it and can live in any manner the industry will bring them.

Perhaps, the situation doesn't really matter to those who understand the market trend and those who are witnessing the last bear season. That seems it was already anticipated and make themselves aware of this huge change. But for newbies, that is something gives them worries and doubts as they are thinking more about the negative sides rather than listening to the old-timers. We'd rather expect no more lows, we ain't have such indication either - it is way better making a decision to buy now than to miss the opportunity.

It's interesting, enter or just wait, but for sure no one knows what the market will do, so if you are going to invest make sure your risk is low. Until we look at the broader economy and corporate power, most industry experts would say wait and on the other hand if you have some fresh cash now is a great time to shop for great deals on some coins/tokens.

We're still far from that last ATH and what we're expecting is that, when the bull comes again, the ATH will be higher than that. And those that have bought at this level, they'll be the ones to celebrate it when it comes.

It's a market for everybody and those that have the appetite to risk while it's low, they understand the cycle and the market on how it works.

Most of us do really think off on breaking ATH which i couldnt blame on but considering on the movement that we do have and on the percentage drop as of this moment then it wont really be a smooth sail ride i would say which it is realistic if you do think off this way.We would be always targeting out on buying more lower but since bottom isnt predictable then we would really be always having those doubts and anxiety on what
decision we would made. Buy according to your own analysis and decisions but of course you cant blame someone on whatever you do base up your idea since not all would really be having the same perceptions
on where price could actually go. We do always go for the bottom price as possible but since its unpredictable then we are really prone on bad decision but as long the price
recovers then it wouldnt really be that an issue.

Just last night I was monitoring bitcoin and I was wondering if I would sell Bitcoin because it was 20, 405 $. It's a pity and I didn't immediately decide to sell, because if I did I would probably buy again now because Bitcoin dropped to 19, 500 $ and now it will rise again by more than 20k$ plus. So with this movement of Bitcoin in the market I can even say that the bear market season is not over yet, so there is a little bit of patience to wait. If there is still a chance to purchase of bitcoin, let's do it as long as there is still a chance before kicking hard in the cryptocurrency market.

The volatility of the market seems to be our tool to generate a profit in this bearing condition.
Buy at $19k and then sell when it reaches $20k, that $1000 price increment is big enough these days. Just to say that we need to be wise and strategically performing, we can't beat the market indeed that is why we use to find a way on how we could still make some money despite the bear situation. Honestly, I can't just dare hold for a long time as it only wastes my time that is why I take advantage of the market up and down.

Can't blame the others that they've been too long waiting with the low. But to consider the market price, you don't really need to wait for the lowest as you buy.
You can buy at any time that you want and it all depends on your market plan and how long you're willing to stay. If you think that today's price is quite low, you buy and hold on to how long you're okay to be with it. It doesn't have to be that long and it doesn't have to be that short. And the matter is, you should be in profit.

If this is the real Bottom i bet you once the bullish season starts we will start seeing series of long and longer bullish candle sticks pushing prices upwards. But if the reverse happens in this case series of long bearish candle will push price even further dip. For now i am waiting for this longer candle sticks that will indicate new trend else i will wait for the dip because it is obvious this is not the main dip

If we compare various forecasts for the future of bitcoin, they are, as always, divided into two types - a fall and an increase. So, for now, there are hardly any exact options for growth.

You're actually right, a lot of market indicators now points that we are likely bottoming out already, for instance using the weekly time frame, if you measure from the market top 69k to the low where the bull market started using Fibonacci retracememt , You will see that the market has perfectly retraced the 0.786 of the Fibonacci retracememt.
My advice is, If you haven't buy any Bitcoin it's better to start doing DCA from this current price level than just waiting on the side line and to avoid I saw the market when it was around $20k and I didn't buy .......Why?  I was waiting for another drop.

Bitcoin was predicted to hit $10k but it didn't happen. It only went below $20k and dipped to further to $17k. That was one of the major crash I have seen in Crypto and trust me, it's one big hell of dump one shouldn't experience. Perhaps the market is normally getting bullish again after months and weeks of bearing candles. People have long waited for this critical dip to happen and the ones that were wise make good use of the chance of the dump while the ones that's were in doubts still hold their position. More dips are on their way and I guess we just started seeing dips.

US inflation surged to 9.1%, the highest level in over 4 decades, It was just announced.

Fudder will say Bitcoin entered a bear market and will continue for many years
But I don't think so, Bitcoin bear market is transitory and Inflation is not.
Keep cool, Crypto is a high-risk asset but Bitcoin has a good track record

If we look at the current state of the market, we can see that the market is in a very bad state. If you can buy and hold some currency at this time, you have to hold it for a long time and be patient. Is there anything that could turn worse in the future?  The price here is very much from the high price to the choice industry to give opportunity here the market is very bad now now I think it is better to buy something.

Waiting forever is also not the best option. It should be understood that working and trading for a short period of time is also a fairly suitable option.

By simple definition we know that buying cheaper to sell higher is what is sought, but it is not so easy when there is uncertainty in the market, if we look at it there are many things that influence it, the war in Russia and Ukraine, the constant threat of Covid-19 which at any time starts with a peak that is difficult to control, all these fundamentals affect a market that in my opinion should be much higher, but due to the enormous panic that is generated, many have sold cheap.

Everyone first understand the market situation if they fully know about it then they use such a technique which help them in getting profit. I think that everyone has set up their mind about the lower price or higher price and their is not an issue with them. So waiting to buy lower is a good choice to get profit. You should have knowledge about the previous price so you can easily understand it

Currently, almost all countries experience inflation, both developed and developing countries, depending on the amount, some are even unable to pay their debts due to high inflation.

as well as bitcoin where the current correction continues and it looks like the bear market has not yet passed, in fact it will continue to happen until the next year. it's just a matter of whether the price will drop below $10K or above, but looking at the past it will likely be above $10K.

agree with you my friend, if we hold bitcoin should follow the past experience of bitcoin, there is no need for excessive fear. the bears will pass soon and the bulls will come soon though maybe not for this year, but bitcoin will ensure that.

We needed to consider everything before we can assume the strategy of buy low then sell high. It's doable only if you know how to follow the news. I mean those factors that can influence the market and how will you act in each situation that the market is bringing you. There's no doubt that there are people/traders who can deal with it and continue to earn out of this market. The best thing to understand is how will you balance both profits and risk.

are you guys going to wait at $10k?, watch the crypto market start to climb!, I think the whales will think otherwise,
and making $10k for bitcoin is just a dream,
just like people expect bitcoin to $100k, and the result is nothing, just buy Bitcoin start now and do the accumulation,
if viewed from the market sentiment it is still risky, because war could happen again

It is really worthy to buy certain token which are lower in cost and when the coin become elevated in cost then should sell that coin. Buying at high price is not a good idea because you know that there is hurdle to get profit because of unstability in market price. I totally agree with buy low and sell high as their is an opportunity to win whenever the price elevated.

easy to say but hard to implement. Buy low sell High is just a word that will not change the results if it is not followed with any knowledge. Choosing a coin with a lower price also cannot be applied just like that. Don't get caught up in the price of a coin that you think is low, but will still experience a decline again.
It is important to know the market analysis so that you can read where the market is going.
to wait to buy lower must prepare sufficient capital as well as some capital reserves. Crypto market fluctuations will provide a lot of surprises for those who do not understand the crypto market.

The thing to do is at least to calculate when the cryptocurrency market will go down ao that you can buy as many you wish you can buy and store for long time and when Bitcoin rise and other coins will rise with and you make your money. But some people doesn't have such mentality of keeping or holding coin for long time. Because i notices that when theirs a little down run of the market some people that invest or hold coin do panic and sell out their coin and when bullrun of crypto start they will feel regret.

That's right, if the price has fallen to -90% of ath we certainly have to not be afraid if we want to invest,
because if the altcoin project is good in fundamentals, then I'm sure it won't go down much deeper.

Yes, this is the best time to buy Bitcoin and hold because it will not decrease to $10k before it will hit higher in the crypto market for those that invested to start earning from their investment. The price will continue increasing until bearish season is over in the market. Now that the Bitcoin price has increased to $24k , it will definitely reach $50k soon, because other coins price has increased since Bitcoin price started increasing early this month of August.

I think we are already in the bottom and economy of the crypto cant go below this for sure. Look at the market cap it has held and the money that is involved. Most of the resistance that we are seeing currently is because of big institutional investors out there. They wont be selling but keep buying as the scary investors sell off their coins.  This will generate sweet entry spot for the institutional investor bringing down their BEP to even lower rate. I gotta say bitcoin is one hell of a ride which can be best experienced by investing at current rates.

Bitcoin price in my opinion is very bottom right now, because it has dropped from $64k to $17k,
yes more than -70%, are you sure you want to wait at the bottom again?,
there is a possibility that whales will also reverse this situation, and maybe it will make people frustrated with future Bitcoin price volatility

If there's no volatility then there would be no much interest that we can see into this market because people cant really make money much.Volatility is one of the most important thing on why
crypto did really get much attention and interest which you could really see huge swings of price even on a normal day.There would be no fun if we cant really see these movements in the first place.
Buying lower or bottom as much as possible is the main target we do have on a declining market but since its unpredictable then this is where things becomes even more harder
this is why buying decisions will vary on someones knowledge and skills through the market.

Based on the markecap we can't get into conclusion that bitcoin won't go any low. Even when the price of bitcoin was falling from $64k, none expected it to fall down to $50k. What happened it continued its downfall, atleast it should've stopped by $20k. The price reached $17k as the low bottom and institutional investors tried to trick the market, but there is now big panic moments from the users around. If not, surely the price could've dropped even lower.

The majority of people say 17k is a bottom. Right now, all signs are bullish, and I believe we have a short-term push towards 28k.
But what about the 140,000 Bitcoin compensation from MT Gox? imagine 140k BTC dumped on the spot! Will this not push BTC to 10k?
Will the market be able to absorb that selling pressure and stop the carnage of MT Gox?

Agree with what you say because until now after the fall of $ 17k some time ago the signs of them increasing are now increasingly visible.
But indeed in this case the possibility is always there because sometimes the market can change immediately in just a matter of days or even hours so caution must still be exercised here.

With this, it really takes time to wait it depends on you how long you are willing to wait for the right dump but if you are a short term trader and make a profit everytime you trade go with the technical analysis and market swings it depends what kind of trader you are like a long position or short, but I prefer with the day trade because I have less time to make so it depends how you want to commit a profit.

For me the price value of bitcoin so far is good to buy, as long as I know if it is low, I will buy little by little and then just hold until the bull run does not return, and I also know that we are still in a bear market period and I know that others also know this to be honest. But it's always your strategy, it's your freedom, if you think it will decrease to the value it has now, it's up to you, it's your choice. I just hope you don't end up feeling like you'll regret it later.

for day trading I guess there is no need to wait for the dump market to buy.
waiting for the dump to happen is planning for a long-term investment. that makes more sense.
it also requires market analysis and proper asset selection. because most coins also experience a decline when the market dumps. and not all assets can be made into long-term investments.

Waiting to buy when it's low for me is not, in any case it's a chance to buy, but I'm for the long term DCA regularly because for me I don't know how low the price will be then.
Daily trading does not need to wait for the bottom but look in technical analysis but for me not often in day trading but futures in a few days and determine when it has reached the profit target.
It's our ability whether we are able to trade daily or long-term investment or choose in both depending on what we do.

I think it is very risky to wait for the Bitcoin price to return to the $17k price,
because we don't know if Bitcoin will go to $50k again or will it go down,
my advice is to buy bitcoin gradually so as not to miss the bullish wave

Currently Bitcoin is reduced about 70 percent from its highest position. Normally the current market is called dip. Moreover, the market is  positive, so at any time it can be much higher. So I think this is the right time to invest in Bitcoin. Some times waiting for more dip, which later goes beyond the range.

Yes this is the right time to buy Bitcoin and even though it's reduced by 70 percent but there's no need to hesitate,
investing in Bitcoin does take patience and I'm sure it will be profitable,
but anyway it depends on each person

Everyone knows that but not everyone knows how to timing the market. Holding for it like years will surely be profitable but we never know if it will be the same as it goes by, maybe it will extend how we can profit or it will decrease over time. For me BTC is still has that potential to have some good returns.

Since May 2022, I have started doing DCA on Bitcoin. I didn't wait to buy lower, I'm just buying since I am looking to accumulate my wealth in the long run.

Of course I admit that I've lost in the 1st month because of the bear run. I bought it when it was around $30k on May, then I kept buying at least once a month. In June, the price was $21k+, then $20k+ last month and today around $24k+.

But I didn't mind if I lost last time, as I don't want to make the same mistake again of not building my wealth with BTC while it was still cheap back then.

expecting to be able to buy bitcoin at a lower price is fine, but if you wait to see if it will go down to the expected $17K of course it can happen or it won't happen again.
because many provide a clear analysis that each other will be different, but my principle is that buying bitcoin at any price will still be profitable because of the nature of bitcoin which will still be able to reach a higher price than when we bought it.

Of course it's true that you can buy at a time when the situation is like today, where the situation is that the price is still corrected and for quite a while. but your suggestion is also very good, my friend, to buy gradually so that you can still receive a fair price, even though in the end more funds and time may be taken to achieve it.

Yeah I also don't believe the bear market is over. The way Bitcoin started to rise even two days ago, it seemed that Bitcoin might be on the way to recovery.But again we could see Bitcoin getting dumped pretty much in the blink of an eye.And yes if you want to invest then always the right time to invest. However, at present, the Bitcoin market has decreased somewhat, so if you want to recruit, you can still invest.If not fully invested, invest some. Later, when the market is good, invest again. It is better to invest like this.

It does not mean that the market will not dump again, the market may dump again when it does.But it can go up. But whatever investment you make, you can break it down into four parts. A share of instant investment. Some parts may be dumped again after a few days Then he invested. If you invest in this way, your investment will not be very risky.

I pondered, that bitcoin repeats the same cycles, rise and fall, a lot of people get used to it and who is capable of analyzing the market will use this opportunity. But I thought about whether this order of things can ever change, can someone influence it in such a way as to change the usual order of things? Now it seems to me that this is impossible, but nothing is impossible. ) By the way, I also buy bitcoin and believe that it will grow.

It's true that no one knows what's next, but for me it would certainly be considering half my current capital and I'd be wondering if it did drop lower next.

But as you said, hope the price of Bitcoin can reach what you want and buy a few dollars.

Considering how volatile the current market is so probably doing DCA might be the best for some people looking for a better way to invest especially during this market behavior. Doing DCA you have to just forget if you buy it on the highest price at that moment because that's not something you are looking for as you are just accumulating it every single month, at the end it will be worth it.

Buying low and selling high or swapping for a stable coin with the price high als comes with a considerable amount of issue. I ha e had some USDT I swapped for some time now to preserve value and have been looking for an entry point at the low but, the exchange I've got my coins on seems to work towards limiting my profits in the long run as, this is supposed to be a continuous practice for me.

To pick some worth trading profit out of every $1,000 price appreciation or depreciation but, the percentage change seems to measure up when compared on two fronts as to sawpping to USDT and Buying BTC back from a low. The percentage grows with the volume and I think so much. I was looking at a 0.04% and the next, it slide to 0.08%.

Investing new money feels like the best way to get it going at any entry point.

They are not wrong by waiting coins to reach the lowest price possible, but in the end they have to know when to stop waiting like that and actually do some research first instead of just waiting for the numbers going down every single day. That's why we have seen many people missing the opportunity to buy at "lowest" price at that time where literally they are aware with the chance of getting it.

It is very profitable if we manage to buy at low prices, the problem is the crypto market is very volatile, so sometimes it is very difficult to predict
to determine the low price. That's why many investors miss the opportunity to buy at low prices, because it is not easy to determine the lowest price.
That's why we must have good research and analysis skills, at least we can make the right decisions when to buy coins. But for some top coins
actually don't need to buy at low prices, because like Bitcoin and Ethereum where the price tends to continue to rise, buying at any price can make
a profit, the most important thing is to be patient holding until the target we want is achieved.

That's why we need to buy gradually. It is not recommended expecting to spend all our money once it reaches the bottom because our predictions can be wrong and the bottom is over already. We also need to analyze the current market trends and how long the possibility of a bearish market. How to analyze it? We can learn the history of previous bearish, learn the price charts, and always update our information related to the current issues. From those 3 aspects, we can make our own predictions about the bottom and prepare our plans. However, as I said above, it is better to buy regularly. So, if we think the price is safe enough to buy, just spend our money to add more coins to our wallets gradually. Then, just wait for the next big dump to buy again. Don't spend all, limit the money to buy!!

IMO

This had always been a question of someone in mind whenever they do step their foot into crypto space on which we do always have that question on whats the bottom? Whats the peak price?

We do make out such decisions basing into those price conditions and this is where analysis and knowledge would set in,although it wont really give out assurance that you would hit up the precise spot.

Market could really be that unpredictable always and be affected with lots of different factors which would result into those analysis of yours whether would hit on the spot or would really
just missed out.

if you are a true investor then you knew that there is nothing best to be ready in buying each time that the market fall, either in higher price or when in bear what is important each chances you will gather small amount so when increase comes then you are ready to sell part of your holding.
this is also the problem in other investors that only seeks for fast income in which mostly ending being a loser completely.

It's true that a common question that is often asked by newbies is when will it reach the lowest price and when will it reach the peak price.
Even though such questions will not be answered by anyone, even experienced people in the crypto world. Because no one knows accurately
when crypto reaches the lowest price and when the crypto reaches the highest price. We can only predict and prepare for everything, the more
mature the preparations we do, the more we can survive in the crypto world. Therefore people who are experienced in the crypto world usually
don't question when they should buy and when to sell. Usually they are when the bear market will collect coins that they consider potential,
then they will hold until the price goes up or wait until the bull market comes. That's what we should do now, don't think too much, which will
eventually delay buying crypto and will regret it if it turns out that the price suddenly rises.

This crypto market is full of uncertainties and the more the uncertainties, the more the confusion and the more the panic. The  best thing is to study the market well and understand what works for you, stick to what works for you till it stops working for you, then you find another strategy to survive.

I said this because, according to Op, people would always want to buy the most obtainable low. But when everyone wants to buy low and the market decides to obey everyone and be going lower, it will create a panic that the coin wants to die and you see the people holding will sell off and it might be the end of the coin. That is exactly what happens to altcoins and if not that bitcoin is a great king, it would have happened to it this bear market.

Everyone buy in the low region, that is where we are now, you will not know when it will get to the lowest and might never get. It is better you start to DCA with what you can afford to lose and the result might be fine in few months time, perhaps few years.

Lots of people saying if it goes 19k they will buy. They won’t. Even if it goes 10k they will say 5k. lol
Who is buying BTC now will be rich in a few years
If you have money to buy, so buy. The first one is for the short term, Selling when prices are high and the second is for the long term.
A businessman will buy anything based on money management logic.

As long as there is a good opportunity and time to buy I think make the most of it,
it's important because if you keep waiting it will only waste time and opportunity,
Bitcoin is no doubt, it's good for short and long term

There are many investors who are willing to hold but have to sell despite unfavorable conditions for cash needs. But those who have financial backup are always able to withdraw profits. They can even take profits in bear markets as well. To have enough money some times give you the good opportunity by falling sudden dip.

lucky for every trader or investor have financial backup because get moment to buy back when price still drop, I want to be one or investor or trader always keep hold with fund back up when some time bitcoin or altcoin price drop drastically. Last days success filled my buy order with little higher price, but after few minutes my order filler price altcoin and bitcoin drop drastically. I don't have enough fund back up to buy back with several altcoin with lower price. I think most lucky with every trader have financial backup when getting moment with bitcoin and altcoin price drastically, they can recovery losing on first filled order with another buy back with lower price.

In my opinion, don't wait anymore, because at this time the price of crypto currency is already at the bottom,
don't have to think about whether it will go down again or not, all you have to think about is that you have to be able to buy it!,

People always expect to buy much less. But that is never fulfilled for some people.Only those who spend the most time with the market and can analyze the market well can tell when the market is dumping and when it is pumping.But I think the current time is a good time to invest, but the market is dumping again You should buy in the current market without thinking about different aspects. Another thing is that you can divide your total balance by four to invest.Step by step you could invest. This method can be considered by some as a good method

Still, nobody can answer that. Since the last 2-3 weeks, the price of bitcoin is neither going very up nor down. So, it’s hard to tell if it would go down or up. I would recommend that if you buy some crypto, then you should go for it. But if you can’t take the risk, then don’t.

Sometimes looking for lower price you can't take entry and price will go up then you can't do anything. No one can predict lowest price of any project to take entry. It is good to accumulate coins in short portion to minimize loss. This formula of buying is called sip which will be beneficial. If you think that we can take entry at any position then you will see big losses.

Everyone wants to buy down and we are still in a bear market.  Although we cannot predict the minimum cost of a project and cannot predict the maximum cost.We always profit from bull market but there are investors who can take profit in bear market as well. During this bear market I had to sell despite unfavorable conditions for cash demand.However, selling at this time is a big mistake, because during a down market, all people buy more than they sell.  Everyone wants to buy at a low price and sell at a high price.

Depends from how you understand the flow, if you are willing to wait for long hold and you are sure that the project will progress, you might see dump and it's not new as it was part of this industry/business, all you have to do is to keep holding while at loss and never to panic to avoid losing your money, worse things that many traders/investors mistake are being afraid to something that they are not sure.

Crypto investment is not a quick to rich scheme, it's a business that many are working their best to take advantage, if you are here thinking that you can quickly earn then this venue of investment is not for you, better to study and do a deeper research before you enter your trading positions.

If you are someone who do seldom check out the market then you would really be having that kind of lack of awareness or knowledge towards movement which you might really that presume that the price

do shows a good entry but it totally not since it is really just moving sideways but if its really dumping then if you are the one who do have already experience and awareness about the market then you

would really be having that consideration on buying out cheaper coins.Its really just normal that we would really be looking for the best spot or bottom price for us to get in since we could really
maximize possible profitability whenever the market would really make out some reversal.

There is no guarantee whether the price will go low or not. If you can take the risk, you can buy some cryptocurrencies now. Or maybe wait for another dip. It’s up to you. Analyse the market and make decisions accordingly.

don't expect to be able to buy low again, because $20k is still very strong,
and maybe if everyone thought it would drop below $20k I'm sure whales would make a difference,
and make frustrate traders, this is a fact, and proven as long as I trade  ;)

current conditions may still be strong. but we will face the weekend. where the daily trading trend can also change.
I don't think I will wait for the lowest price for my investment. build investment assets will be better gradually. This is for long-term planning. think knowing the lowest price will be very difficult. because we won't know when it will happen.
start now if you want to invest, because if the market then makes a pump, you will regret it because you are afraid to start.

I bought some crypto. And I have saved some if the prices go lower. However, there is no surety where the market will go. So, analyse it and your financial goals and take risks accordingly.

Based on the new moved of Bitcoin price few weeks ago showed that the price will not decrease more than $20,000 before it will increase higher to remain stable through out the remaining months for those that purchased and hold some months ago to start earning from their investments. Anyone waiting for the price of Bitcoin to decrease to $10,000 before they can buy and hold will miss this opportunity, because the green light is preparing to appear for people to experience bullish season in the market. I don't think, the price will still decrease more than this before Bitcoin and other coins will start pumping in the market for those that made used of the opportunity to embrace their rewards.

You wouldn't lose anything if you missed the chance on buying on the "bottom", I meant you wouldn't lose your money, just the chance on making much profit for the next all time high. Bear market isn't over yet, I believe, because it'll took again years before the bull run take over, if I'm not mistaken. The only thing that anyone could do to avoid regret is to buy every time it dips, using the portions of the total money that he has.

Things don't end in case we miss buying the dip because we can always take advantage of every market situation. We can still buy while the price is low and still take a profit when the market recovers. We could gain a good profit if we'll be wise and knew how to buy with perfect timing. Also, we can't really determine if we're on the bottom or not so better buy while there's an opportunity.

Today's bitcoin price has been dumped because of Powell's statement,
of course this is a good opportunity if you want to buy Bitcoin or altcoins for long-term investments,
because at $20k it is a strong support price, I'm sure $20k will not break, but if it breaks, prepare more funds ;D

Buying the dip is good but waiting to buy lower for an asset that has already had about 60%-70% pull back might even cause you to miss out on the boat entirely, it's better you start building up your portfolio right now with proper DCA, may divide your investment capital into 3-5 different buying opportunities in the market, with that you will be able to be in the line no matter whichever direction that the market chooses to move. Lastly should Bitcoin get to the price of $100k, $250k, $350, $500k maybe $1M , the price at which you bought your Bitcoin would no longer matter. It's Better to be in the ship now when it hasn't started moving.

we are still in a bear market situation, so it is a very good time to continue buying and keeping as much as possible. because the principle of buying when the price is low and preparing to sell when the price is appropriate and feasible to sell according to our situation is certainly the best.
Of course, it is very unfortunate if someone wants to sell at a time like this, because selling will make us later buy at a higher price and obviously this is detrimental if done, no one will want to lose where when the opportunity to make a profit is right in front of our eyes.
the principle is that when a bear market occurs the wish to do anything other than just buy and hold for as long as possible and when the bull market looks like it's just getting ready to sell, of course this is a very good course of action.

That's why it is best to buy in parts in every dip so we can not miss any opportunity. I always apply this strategy and get a good profit, and today's market is too down so it is the right time to full our bags with good coins.

Not only is there news regarding the Fed announcing an upcoming rate hike, but the market is besieged by the news of the bitcoin release of the Mt.Gox. No more info on their bitcoin release yet and I am starting to suspect that they are spreading Fud causing people to keep selling panic.
Whatever it is, we don't have to worry too much, bitcoin price drop is an opportunity, not an end, the lower the price, the more opportunities we have to buy cheap.

i guess about buying during bear which is actually the best time to  accumulate since the prices are down , stop having the mind set of it coming down again because bitcoin is not predictable once you have funds i advise you buy ,but waiting for the price to come lower is not a good mentality , and once you buy don't be eager to sell patience is the key and while you wait do research on how to manage risk because ones you into trading you need to do more research understand charts and importantly do not sell , just hold and during this experience get another means of income to support your daily life. this is just what i think and it actually helps not only to be smart but to manage worries and risk .

When the opportunity arises, buying low is attractive, but it's not always a good idea to enter the market with that mentality because you'll always be anticipating when the price will be low again. Likewise, if the price of Bitcoin refuses to fall to your price target and instead keeps rising, you'll be losing out on a great buying opportunity by not buying at initial stage. . My understanding is that buying whenever you have the money is the best course of action.

Just accept that no one can predict what the price will be in the future. Anyone who claims otherwise is lying, which is why you should enter the Bitcoin market with a single thought. Cryptocurrencies in general are very speculative and volatile investments. You might earn some x, but you might also incur some losses.

Now the situation has changed a bit and Bitcoin went up by 21k, so there is a possibility that we were already at the bottom. No one can know for sure, but we saw that the support level worked very well, bitcoin withstood the pressure and now there has been a reversal, maybe it is temporary and after some time we will continue to fall, but still right now bitcoin is going up.

Now is the right time to buy Bitcoin and some other cryptos, it is also good to speculate at all times for proper trading decisions of the coins. Specifically, Bitcoin had given me the go-ahead to safely buy it for around $18,200 in October, and I am willing to hold it in that direction till next year. The coin has been responsive to the bullish trend but only slowly, who knows where it will peak next year?

What I am sure about is that it has breached a weekly chart trendline upwards, it's time for it to rise.

yes, Bitcoin charts have improved quite a bit. This is also followed by the movement of altcoins in the market. but I'm afraid the current pump is like a bull trap. we see it happen several times this year. it looks like the market doesn't have strong support to get out of this abyss yet. some pumps will again occur correction. please be careful if you want to follow the direction of the pump.

Everyone thinks of buying when the price is at its lowest, but it's hard to pinpoint where the low is, and I think now is one of those points. The best step for us to buy is to buy slowly. If we aim to invest in the long term I think this will not be a problem, because the price of bitcoin shows a good cycle for the long term. We have gone through several years where the bitcoin cycle is at a point where bitcoin will soon return with a bullish trend. We don't know exactly when, but I'm sure it will come soon.

Who doesnt really love on buying cheap? Of course we've been thinking the lowest possible price and this is where people do really end up on speculating now and then on whats
the price would be the possible point on which they could buy back. Just like the rest been saying that we do really tend to maximize out profits as much as we could.
For long term hodlers or investors then it wont really be a stressful thing for you to buy on because you do know the potential of bitcoin and altcoins to have
that kind of increase its value in the future but of course it would really be involving a very long patience on your part.

You can do some analysis either technical where you will only rely on the charts or to the past movements of the coins or fundamental. See if there are negative news and you can use that as basis to wait before you buy but if there are positive news you can start buying because the price will likely rise. Everyone buys at lows because this is the rule of investing or trading not buying at high and then selling at high because that is unlikely to happen.

The thing that you will get with that strategy are mostly losses. We can also do DCA so that we are sure that we never miss any buying opportunities. Doing all in is fine if you think you don't have time for waiting and you are not regretful for whatever comes next.

It's tough to see yourself rushing to buy thinking that the bottom is already been reached but by surprise the price went down for more and the only thing that you see is you are losing your initial capital, and because of fear the natural reactions is to sell thinking that it will cut your losses but eventually after that the value will start to pump/bounce back, it's something that will feel you regret your decision.

Be very careful with how you interpret the market. It's very dangerous if you don't understand how to work with a volatile nature like this.

Not today!

The market starts to plummet again which i do really highly believe that this was because of the sentiments flying around about CZ and FTX which we could assume out that this
had been the main reason.The current price of BTC as of this writing is $18,230.00 on preev.com.

For those people who had been waiting up for some time on buying out cheap, then having some purchasing as of this time wont really be that a bad idea.
Sorry for those who had on futures and going for long.For sure they had been liquidated.

Buying the dip is a great opportunity to profit, but the unpredictability of the crypto market prevents us from really fully predicting where the bottom will be.


Don't be too greedy in the crypto market, when the market price falls and is reasonable, you can seize a good buying opportunity.

Everyone wants to buy low and sell high, buy at the lowest price and make a profit, but this is very difficult to do. There is no way to tell if the price has gone up or down or if a bottom has been reached.
Take the opportunity when prices drop and buy gradually, don't miss any good opportunities.

I still do not think this is the lowest point in this bear season. BTC moves sideways from where it is now. Lowest bottom don't stayed for longer. Its a quick wick in the candle stick and then market just start recovering. I am still doing DCA in this market and will do till it hit 12k. Below that i just stop buying because that is the lowest low for me in this bear season.

Still unknown as the market continue to move sideways and that last week bounce seems to be a good trap for people who thinks that it was the start of bull but now we are seeing difficulty to bounce back from that last $20K+ position, as of writing the value is $16k+, good enough for those who are willing to take long-term investment as the chance of seeing new ATH might take place after several years.

Starting from the dip will always give every investor and traders a valuable opportunity to make decent and profitable investors.

Market is moving sideways as it takes only the analysitical trader to get highlighten about the market and know the next position of it. Bitcoin have dump several times and also lay glitch which most traders mostly fall victims, but some have mastered it and knows that it's still dumping. For me I'm gathering enough bagging of altcoins which have promising future in the space and it's definitely for long term purposes. The dip is not yet over, it can take through out the year bu let's see what next year have for us.

almost $1700? did you not type wrong, maybe $ 17,000, but the price of Bitcoin yesterday touched $ 15,682 and this is the lowest price at this time.
People who keep delaying buying bitcoins and waiting for it to get cheaper and cheaper believe they are being cowardly and don't want to put their money into bitcoins. whereas the current price is still under $17000 and this is a lower price. When the price is $20,000 it still wants to be cheaper and when the price is $15,000 it still wants the price to be $10,000. this will never end.
buy now and hold on, but remember don't put all your money in, leave it for backup in case of a continuous crash.

I agree, the dump still carrying the bear with much strong position, more on how you will decide your investment and how knowledgeable you are with the situation, if you are into a short-ride it's best to calculate and place your stop and loss though it's really tough but more on experienced base, each traders who continually buying their chosen project while in bear season have a good plan and expecting for good bounce, either old or new project, still be working if you do your DYOR and you really trusting the team behind.

I was waiting for something that is related to Solana where there would be a big unstaking that would took effect at epoch 370 where 28.5M SOL would be expected to unstake. Was about to short SOL that time though, but they have decided to postpone it thus kinda bearish and may affect the crypto market as the whales may create FUD for everyone. But we just simply don't know if it would really happen or not, because there are no promises or guarantees when it comes to the result.

Not sure if this is already the bottom, but we will see.

Then how you would really be recognizing such thing about being the peak? or being the bottom? This is the toughest challenge on where everybody is facing on dealing up with this market.

We of course do really like to buy on the bottom price as lower as possible because we do know that on the time that the market would make out some recovery then this is where
people is eyeing on and cant really be able to resist on holding but there are people who do really miss out these kind of opportunities because they are scared on buying and having thoughts
that the price might go down even more lower.Due to common factors like emotions and confidence then we do really able to miss out and make out those actions which it is supposed to be done.
Market cant really be like this forever and thats why it is really just right that you do need to take action if you dont like to miss the train.

^But people are always confused about where to start or where the jumping point is because even though we have seen a correction it will probably not good to invest. But purchasing using the DCA method will I think the best decision to invest in BTC or trusted crypto that can potentially make a profit. Because waiting for the right moment is a little bit confusing, you will never know what exactly happens to the BTC price.
The best thing is, to lock your target in a high of making a profit and hold it for a long period of time or just wait until a new ATH will come, that is a good goal while investing in BTC.

I don't think, the price will decrease more than $15,200 before it will increase higher for people to experience bullish market, because the green light is preparing to remain stable for long term investors and traders to have something good to achieve before the end of this year. There is still opportunity for people to buy Bitcoin and hold until the bullish market appear before he or she can sell, because the price is still low for people to buy to have a full confident of making a huge amount of income in future. I think, the price of Bitcoin will definitely reach $50,100 before the end of December for investors and traders to smile through out the Christmas and new year celebration.

From $20k last time, the price is falling faster and it was now on $16k. The next day or so, I think we will be at $15k and below. Don't be afraid when it happened because did you know that the more the chance the price will rise faster after that, than compare to when the price is only stable over $20k level. What is great about it is that you can buy more coins at a discounted rate before the bull run happens.

Anyway, there is still a chance that a bull run will be postponed. Not all December or Christmas day is going to be a bull time but it does not mean that we can't smile or enjoy the holiday's season. It's not about the money anyway.

It always very hard to predict the price of Bitcoin but it will be good for you to follow your mind. So far I know that we are in bear market and it has take some months when we enter bear market I like to buy it with the current price do to some reason maybe I want to hold it for some period of time or I share the money for the investment into two buy one path now with current price and observe the market for some time maybe it will drop.if price drop lucky, if the price did not drop okay I am okay with it.

It's true that buying low and selling high is the best strategy, but few people do it. Where is the bottom? No one can know. The unpredictability of the crypto market is a fact, and the current trend may still fall. Prepare to buy with a small amount of money first, believing that the potential of Bitcoin will be profitable in the future.

Sound simple and pretty basic but doing it would be the toughest thing to be done and this had been the main question on everyones mind since we cant really be able to determine what is the bottom and what is

the peak price and that what makes this even more hard for us to execute such action.We are longing for the possible bottom to maximize profitability but no one would ever know on what is the precise point.

Of course we would really be that targeting on buying lower and now the price is starting to climb up or seeing greens then we would be normally be having those impressions
that this might be the bottom but eventually there's always chance that the price might even go lower.

Buy low and sell high is the common strategy, all people use this strategy. I disagree that a few people use this strategy, most people actually use this strategy since it is a basic strategy.

Regarding the bottom price, surely it is impossible to predict it accurately. But we can analyze the chart patterns and the price history, this is what we can do to guess the price. Considering the previous bearish season in 2018, I think this time is the bottom of the current bearish season. People panic because of the issue of FTX, it is because this something rarely happens. Once this issue is over, I assume we will have a positive trend again in the crypto market.

Buying low and selling high is one of most used method by traders and investors but some don't still have a clue currently. It's simple and easy to practice, when there's bear season, it's usually the period where we bagged large quantities to our best capability and wait for the bull season to come and then triggered the sell order. Some traders have even quit trading because they hope buying low snf selling high is highly recommendable and there's no single risk involved. The only way one can be affected is when you bagged a coin and probably in a wrong position, and it continue dipping, that's the only way you can loss.

Right, buying low and selling high is a common strategy that every traders wanted to achieved, though it's not really that easy especially you are executing this strategy inside a volatile type of industry, you can assume that the value already in dip but the reality is it can go lower and with buying low and selling high patterns you won't be able to execute if the situation is like that, you need to realized that the market always have a surprise.

If you don't know how to handle the market volatility, then it will be hard to execute this kind of strategy.

You need to work more with your knowledge before using any strategy that you think is fit with your kind of mentality.

Wanting to buy lower is a huge difference to buy high and sell low. Since trying to beat the market by buying and selling at the same time is more or less gambling. For me I will buy constantly and not sell for the next few years. Simple as that.

Especially with the current market conditions I think this is a good time to buy,
top coins like Bitcoin, Ethereum and BNB are very worth a long term investment as they are likely to increase in price,
What's clear is that you still do research and analysis first

What I love most in your reply is the advice to research and analyze, most posters would just advice people to buy their coins without due regard for the analysis. That said, this is not the right time to buy, and specifically am against you on this part, Bitcoin and other coins just faced many dumps in recent days, and it would take time for a bullish trend to be activated.

This indicates that everyone should be patient for now, charts and the economic reality of the market don't lie, they would surely point us in the right direction when the time comes.

No bro,
I cant see anymore lower price please haha. Our golden spirit ended just because of CZ now we need December to Break the 20k resistance again then i am expecting one more dump haha as its going to be repeated. Maximum of my dear friends lost their patience. But for now there is one last hope ia live haha I can't do anything even if dumpa again i know that also on same time.

Whether you do expect for some pumps or not, there's still no way that we could really able to know on when the price would really be heading into.This had been always random and unpredictable on anyway.

Even myself cant really able to determine if this one would be the last dump or there's further more for this year which it cant really be known and that what makes it hard on guessing.

So buying decision would really be entirely be depending on someones risk management because not all could really be able to afford on doing so because
we are scared or emotional and that what makes us hesitated on this thing.

That's while i always emphasis that Bitcoin is not something a good investor will wait until when the bottom will reach before buying a cryptocurrency for long investment, it's very obvious that cryptocurrency investment doesn't have a specific bottom because if we should be waiting for the bottom before we can invest for long run.

currently the market price of the Bitcoin is not sitting with the floor of 16k mark and still waiting for the confirmation of the market analysis with the use of the TA its forming a triangle pattern that if it breaks the top form there's a chance of the change of character for the price movement this takes approximate of November 19 still waiting for the right time the BTC sees the 15k already so there's a chance more.

From the perspective of the bear market cycle, this should not be the end of the bear market. You can never accurately predict whether it will continue to fall based on whether the chart trend is bullish or bearish.
But I think now is a good buying opportunity for Bitcoin, the price of Bitcoin has fallen a lot compared to the highest point, buy now and wait for the market to recover and it may reach the highest in the halving cycle, that's when you get profit moment.

we know the 20K support area has been penetrated, and if bitcoin goes down again then the 12K area will be the next support. but are we going to wait for it to happen at 12K support, I don't think it's a good thing, because we don't know what will happen with the market. So it's best to start buying from now on in accordance with the portion of capital and strategy that we believe in, that way, if this is the lowest point, at least we already have investment assets, don't let us panic buy, so we don't get the lowest price

You have a point because any price Bitcoin is bought in this current market or below the ATH price is a good investment but there's nothing bad in waiting for the bottom price either to maximize profit-making chance since from the last 2 months of the bearish market year till the first 2 months of the next year are always the time where the bottom price is achieved.
With that being said. What matters is the decision made during the opportunity the market presented.

According to coingecko, the bitcoin price is still -76% off at the moment. Investors can take advantage of this momentum to buy a lot, but I would tend to see most of them cautious rather than buying at this point. There are a number of issues to consider at this time including a crisis of confidence in exchange centralization. Many users started withdrawing their funds in online accounts which made FUD more and more.

If investors are confident and believe that -76% is the best price to buy then I think they will make a decent return in the next 2-3 years for their current risk. I'm trying to stay optimistic that the market will recover, but ATL might happen again during the panic.

Currently the bitcoin is now with the stable price of 16k and people would like to wait for the confirmation if you know how to read with the Technical analysis there a chance you can make a path where ideal to trade or not. But currently sitting with price of it for me ideal to wait than taking risk. For sure many people will neglect the bitcoin because the price is too low and this is a good opportunity to make a coin accumulation in the future.

How can you predict that the market price will still fall? Are you sure it will go to 15k on November 19?

The market cannot be predicted accurately, and I think every price drop is a good opportunity to buy. We all know bitcoinhas the potential to increase its value in the future, believe it will come soon.

 I think, this is the lowest price this bearish market will reach before it will hit back to $40,000 for those that took the opportunity to invested in Bitcoin in the past to use the  opportunity to make a huge amount of money from their investments. Now that the price is struggling to move out from $17,000 in this month of November, It will be favourable to use this period to buy Bitcoin and hold because bullish market is very close for both traders and investors to smile again. I don't think, the price will reduce more than $17,000 before it will return back to bullish market before the end of this year 2022.

Tough call as there are a still lot of factors that may influence how the market will behave in the next few days, weeks or months or even years, as long as you prepared yourself to what intention you have, the possibilities to make money is still open to everyone, in terms of waiting for low, yeah you can set your position in your target buying and selling it's all on your understanding and knowledge of how the market works.


No assurance but yet you can always bring your prediction according to how you anticipate the market will proceed, no assurance though, as there is an influence that is unseen by everyone.

I check Coinmarketcap the data was also -76% off the ATH price which is still a good time for accumulation but I am optimistic about the market making any form of recovery now not to talk about making ATH price during this panic because what happened in the FTX firm is something that triggered the loss of a lot of giant company in the crypto market.
Apart from that, the last bottom price of the BTC market is always within 80-90% since the market hasn't had a downtrend of at least -80% I am not optimistic about any bullish trend now.

All the traders want to buy the coins at low price.Because buying at low price will gives you additional profit.Buying at the bottom will be the best move to earn huge profit from your investment.If you choose an wrong position to buy the coin,then it leads to huge loss.So choosing the position is very important one in the trading.Use the knowledge to gain the money,don’t use the overthinking knowledge to gain the money.Actually it never works,because you should be passionate in the trading by analysis of money flow to the market.

Make yourself be that versatile when it comes to possible conditions that you might faced on specially on this very unpredictable market.If we do check out the statistics in speaking about ATH and ATL
then we could really make out some comparison on which we do really base up our decisions in related to it.Each person does have their own analysis and ends up on different approach when it comes to
price condition or the situation that we are facing on the market.Buying opportunity for this time wont really be that a bad idea but there are people who do really wait up for further lows
and dumps which they do really think up about maximizing possible profits on the time that the market will really be making out some recovery.

Im also thinking the same thing . Been seeing a lot of influencers saying that it will go lower than this. But doing DCA will be okay. Just be responsible enough as a trader and keep in mind that you don't have to regret everything that you did.  Though you wait for the lower (which is also a possibility) or probably  buy now.

right, too much knowledge actually makes us confused, in trading of course we have to summarize our mindset so we don't hesitate in making transactions according to analysis. the lowest price in my opinion is just a coincidence from our analysis, because of course we will place several buying areas according to the existing support. and among them we make purchases which if the price is still dropping, then we wait to return to the next support, so we get the best price

Before anyone can be versatile with whatever condition the market present the person has to acknowledge that every trend presented by the market comes with its own benefit while she makes the best out of the trend because I have seen some people who don't like the bearish market and like you said ATH or ATL "it.Each person does have their own analysis and ends up on different approach".

If you have the money, I believe buying now is preferable to waiting for Bitcoin to drop even further. Since we are still experiencing bear, the opportunity is still available, so if you plan to buy, do so right away. People have already missed the chance to buy when it was around 60k, but the same people who complained then are the ones who are not still buying now and are still waiting for it to come down, so I'm confident that many more will still miss this chance.

They are still hoping that they will manage to catch the price in the place but they are not taking any action, once the market start to bounce back they will again regret the oppotunity to store some coins inside their wallet, it's important that you know and understand how you will take your position during this kind of bear market.

Your decision making should always be in your own influence, after you make your research and you do your assessment.

Many have that kind of thinking especially now that there are negative news popping around but the price have in fact fell down these past few days. Remember we are at $20k, $19k last time but we have fallen till $15k and then recovered some ending the price at $16k.

It seems the price is showing a sign of recovery so my advice for those who want to buy, they should buy now because December is approaching and there might be surprises that awaits us. Those who hope and then don't take an action, maybe they are just a bystander here and not a true investor. There are people who are like that and there's also people who got short in money.

looking at the current situation what you are saying/analyzing, it could happen soon. we can be sure that many also hope for that, because this is an opportunity that can be used to immediately buy and store it. although of course it will take a long time to be able to enter a bull market, at least you can buy it at a decent price because the market supports it.
of course, everyone can also hope to reap big profits if indeed the opportunity can happen and can be done.

A kind of opportunities that may happened for short-term traders, though the assurance is not there as the market also continually showing weak support, at any moment it can collapse more and those who are trying to short the market will suffer a lot of losses if they will not do a hard research to make their stop-loss set up works accordingly.


It takes time, we witness it before and we continue witnessing the same concepts, it take 3-4 years before we reached $60K coming from a hard dumped, basically if history will repeat itself, then buying at this moment is still a good position to catch.

In bear market we should not wait for only the bottom we should apply DCA ( Dollar Cost Avarege) to make the minimum buying price of any altcoin. Again by researching WWE can predict the bottom of any cryptocurrency. So there are many ways to buy at a lower price.

Only the wise investors are buying at the moment because they know the bottom of the dip can't be predicated but the doubtful ones are still thinking they can catch the dip with their buy order at $10k or below. I don't think we can go that dip unless there's another hack of a crypto exchange that sends the whole market into a panic.
If you buy now and the market dips again, you won't be at much lost and at a greater advantage than those that bought earlier in the bull run or when the bear market just started. If the market starts recovering you'll be among the first users to profit so definitely now is a good thing to buy.
If you aren't too confident of the market then buy with DCA, and that way you'll protect yourself from going all in when you could have bought at lower price in a scenario when the market crashes below your buy in price.

Waiting to buy lower might not be a nice investment idea even though the movement of price are showing strong indication for more potential lower prices but it is better to Apply DCA and have some Bitcoin now and still buy more incase it price went dipper because predictions of price might not be accurate with DCA buyers can have a chance to buy at every given chance

Might not a nice idea but this is where our minds usually been thinking specially if we do have funds in our wallet where we are just simply waiting for that right time.Cant really be avoid not to think on

getting the bottom as much as possible but since this market is unpredictable then there no precise price where we could actually say which is the exact bottom.Buying lower does give out that
chance or could maximize the profits you could make.
Its a matter of risk taking on when and what price you would really be getting in.All matters of choices!

I don't still know the price where we want the price of Bitcoin to reach before we buy because the market may decided to go up without any signal so we just need to buy as much as possible that we want to buy so that we can make good profits from the market and keep buying because the price is going somewhere.

Waiting to buy lower is a newbie tactic which will almost always make you miss out on the pump and lose money. Its been tried many many times and any veteran trader would advise against this kind of thoughtless tactic.

The best strategy (From my own subjective perspective) would be to DCA each dip. I for example would DCA the next weekly bottom (which has yet to show itself, I believe).

But you can also DCA every daily dip or even every hourly dip. 

From my experience 3-4 consecutive dips are the norm before we see a bull market again on the weekly. I would guess to wager that this current dip might be the last of pre-last.

Here you have to be very smart, the smart ones know that you have to divide the money and wait, but now you can buy a part, then wait a bit, you have to remember that FTX is very scary for investors and this makes the price of Bitcoin can continue to go down, and that is something that you should take advantage of at this time, that if it goes down even more then you keep buying, that is the smartest way to attack a problem bear market, obviously those who are in hodl mode to stay hodl more More than ever, investors should have the peace of mind to continue betting on bitcoin once the storm has blown over for a bit.

You keep buying and allowing the current situation to go in the direction where the majorities are taking it, but keep in mind that you need to plan your investment, make sure that you are well aware if whatever downfall may happen after you already purchased all your reserved money, it's not easy as there are still many factors that may bring the current situation to continue falling, we don't know if the position right now can be contained or maybe it is just waiting for mass selling and it will fall for more.

You have to be smart when planning your way inside this industry. Don't do anything without doing your research and make sure that you already have a solid expectation that you can wait and hold.

Yes I also thought that I will buy with some money and then if I see that the price is dumping more than the price I bought with then I will buy more with my remaining money. And if I see a profit from the price I bought with then I will sell it.  I will wait to buy it again at a low price. And if some decision is taken with hot head, then it will not be good.

Think of the market as a whale, moving slow and steady. Be smart in choosing the direction and then follow it. You can't see the ripples/waves on the lunar surface but they are always there to throw you off balance if you are not aware of their presence. Don't think you can be 100% right, nor 10% wrong. Choose your position wisely, then be open to change when your analysis goes wrong.

The analysis can generate profit but sometimes it is also wrong or invalid. In my view, analysis is just a prediction, not a certainty. Loss is certain, profit is a bonus. the point is not to know the answer but to be prepared for the worst case scenario.

I like Investor mental type. So, this is not a prediction of economic events but how to prepare yourself so that you can survive these events when they occur.

Although nobody knows that in coming days will it get better or worse but everyone wants to put lower money and obtain huge amount as a result of it. When the market is not good then every single individual wants to put cash into some good coins, sometimes it enhances and sometimes it decreases but if you choose popular and good base coin then there is high chances to pump once more.

Yeah, its just a simple DCA strategy on which we do know but its not something that would really be applicable for most people considering on having limited funds.Of course we would really be waiting up for

buying on lower price but since we cant really be able to determine on whats the lowest price then we do really keep on guessing and buying up on different scales or manner.

There's no way that we could really be able to determine out but we could really be able to apply different things or actions basing up on our experience
on the market and on what we do see around.

everything is returned to individuals who will invest their funds in any coin, in a situation like this, of course, you have to do a proper analysis, because if you misplace it, it is possible that next year the funds placed will be lost along with coins that simply cannot survive this bad situation.
I agree to choose a coin that is currently ranked the best, because they have proven to be able to survive, so there is no doubt that the funds we invest there will be safe until the next halving phase.
Even though we will not know what will happen later, we will take the right anticipatory steps so that we don't make the wrong choice.

I honestly wish I can get to master crypto currency to know when to buy and when to sell to make profit. If you're good with trading, please do update us the upcomers.

don't be too eager to buy bitcoin at low prices anymore,
because the whales have also prepared a plan because I believe $ 15k is Bitcoin's strongest support,
you can see price action reactions through technical analysis and if you understand then you will buy Bitcoin now.
Yeah! Bitcoin will be heading to $20k or more later this year.

You can do so when you read books and watch videos about trading. If you are not lazy, your wish will always be granted. Try searching in Google and you will find a wealth of resources. Make it a hobby to read books and watch trading videos. I am confident that if you do this on a daily basis, you will master the fundamentals of trading in three months and then move on to the next step, which is experience because not everything written in books is the same on the actual market; but when you analyze it thoroughly, you will see that it is the same as what you learn. So read and watch tutorials!

There's no such thing about bottom price because there's no way that we could really be able to predict out on whats ahead and this is in fact the reality.It is really just that we do able to observe that 15k price

is a solid support which had been failed up to be broken and we've been holding that strong even into those most worst market condition or something that we've been enveloped with lots of negative

news but still didnt able to break through other supports.If you do keep on hunting for the bottom without any basis then you would eventually missing out
lots of opportunities to get in because the price might start on recovering now but somehow it is really still a speculation though.  :D

You will learn the fundamentals and you will find the right patterns for your successful trading practices, if you will take time to do your research and you will keep the right mindset in keep learning more strategy for your trades, it's possible for you to create your own trading style that will be more competitive whatever kind of market you will going to invest your money.

Not an easy task but very doable if you are keen in finding your success, and if you want to have a financial freedom in the in your future.

It will never be easy to do an analysis because whatever it is we can't completely eliminate the risk. The market will continue to fluctuate and the expected profit will not necessarily be generated if the trend changes quickly, so traders may have to be willing to wait for some time before the price increases for some time.

For now I'm more inclined to wait rather than force to buy assets other than bitcoin. I think bitcoin is still the safest to buy, but not for altcoins even though the trading volume is quite high.

now bitcoin at $ 16,960 is gradually increasing and trying to leave its crucial $ 15K price, it could be what you say that for the remaining few weeks into the year-end bitcoin reached $ 20K.
so indeed the current opportunity to continue to buy and hold bitcoins until upgrade time will come.
when will it happen? will there be an improvement next year? difficult to predict, but if you look at the coming economic crisis in 2023, this could also be a sign that bitcoin is not going to improve yet and it could be back at $15K or it will actually go down !!!.

Yep. Be careful when making a decision.
But I hope this is the end of the bear market and the beginning of the bulls.

Btw, Crises and opportunities are the same things, and a crisis is one of the great opportunities to accumulate before price compression sets in
The potential of blockchain technology has been proven over and over again.

@op this one thing that kept me wondering about human they are so unpredictable because presently they talks of market this and market that when the chances are finally out for them to buy at affordable price they will keep saying i want the market to go down very low before i buy, while they are missing their best chances and luck. currently i don't think we will see more dip maybe like $12k or $10k so there is better chances to buy now.

I go with your statement, the fluctuation will really hurt your investment if you don't have patience, but like what I have said it's more on your own analysis and how you perform your research before dealing with your investment, lots of factors but having a good fundamentals will generate you good judgement each time you participate with your trade.

In regards to bitcoin, I'm positive that there are still many investors and traders that will choose bitcoin instead of trying to short or invest with alts.

I think it's not just speculation, but from technical analysis and price action, I also analyze that $ 15k is strong support for bitcoin,
do you see how $ 15k is very strong? The bitcoin price has rebounded from that level several times, especially now that the market sentiment is still bullish,
so if you wait for a price of $10k? or maybe underneath I'm sure one day you will regret it.

Everyone wants to buy or neither invest when the price is extremely low because of bullish market, i believe that bitcoin those not have a specific time of investment, but people who comes new via the industry always think that Bitcoin investment is something that we can invest when the price is on the low point.

As an investor then it is really just that normal on having that kind of aim or or target because it is really that just common for a human being on looking on something that could maximize out their profit.So
this is way through finding the bottom price as possible but we know that on this unpredictable market, then there's no way that we could really be able to determine on whats the bottom.
This is why we do really see lots of speculations and guesses all around because this market is unpredictable since from the first place.
We do always want to buy lower but mistakes and errors could really happen along the way which is really very that common.

there will always be people waiting for a more basic price. it doesn't matter if it's analysis or just speculation. Bitcoin has already touched $15K, and we all have no idea whether it has bottomed out or not. even the analysis you use may not be accurate.
I just suggest, buying every time there is a decline. and hold it to the best of your ability. at least Bitcoin won't be shaken any further shortly. didn't know at the beginning of the year. everyone is just speculating.

No one knows what is the bottom price of bitcoin. And at what price the next bull will start. Now, the price of bitcoin is moving near 16000, 17000$ from last few months. This is because there are lot of bad news that are in the market such as ftx exchange collapse. And many more bad news such as LUNA coin crashed. In these news, investors lost their millions of dollars. But, it doesn't mean its the end of crypto market. Crypto market will start boom when some positive news come in the market. So, always think positive and hold your crypto coins with patience.

my speculation at the moment is that the buys are much better now that bitcoin has fallen deeper from $60k to $17k.
I never care that bitcoin will fall below $15k or it will go higher than $17k, for sure I will always buy with DCA strategy and hold on till the bulls come.
for me waiting is the most annoying thing and being late to the bitcoin party it sucks a lot.
buy it now or will regret again like last year, (IMO)

but unfortunately it's not about the collapse of FTX or Luna coins but about buying bitcoins at a big discount.
It's true that right now many investors have lost millions of dollars after the FTX crash incident but some investors are also happy because now they get a cheap price to buy bitcoin and hold it until bitcoin prints a new ATH.
rest assured that bitcoin will not be shaken by anything when bullish arrives bitcoin will still rise slowly like last year

Those that want to buy at a lower price are either too greedy, obsessed with catching the bottom or both, bitcoin has a 70% discount from its all time high, how much cheaper they want the price to become to finally invest some money in it? If you have the money there is nothing wrong with buying bitcoin right now and taking advantage of the opportunity that has presented itself, so while what you are saying is right it is likely we are never going to convince people like those to take advantage of the opportunities right in front of them.

If you are taking things seriously then I can say that the wise decision is to consider the last time high and add huge amount of patience after you buy your asset, there are many different take about the possible bottom but it can also result to missed the opportunity, who knows what will happen in the next few months or even weeks right? People who believe that the chance of bouncing back or another bull to come will just continue to buy and hold.

Whatever the price right now, as long as you set your target and you have that full trust with your investment, all you need to do is wait till it reached the target then sell.

Not can be called as greedy but rather they are trying out to catch up the possible bottom.Who doesnt really want to get in for that bottom price? We do know that we could maximize out profitability if ever we do able
to get in as lowest price as possible.There's no way that we could able to determine and its normal for an unpredictable market. We would wait up and basing up with those indicators and tools for possible bottom.
Its up to someone whether they would really be focusing out and make out some risk management step for placing up their positions on the market.
Its really hard to determine whether you should hold your position and wait up or would consider already on placing yourself with these current prices.

That concept that stipulates that those people who wants to buy cryptocurrency neither Bitcoin at low price is greedy, it's wrong conception indecencies that buyers or investors do invest into cryptocurrency or bitcoin in a particular time they know that will be okay for them, and secondly, Bitcoin investment anyone motive of investing is to make profit, which i know quite well that cryptocurrency investment have target.

Waiting for a bottom will always be wanted by many traders because they will think that the profit will be bigger when the price goes up, the problem is that no one can know about the actual bottom so every time there is an opportunity to buy at the current price I think it's good, so don't just because too focused on the bottom to forget to buy so lost the opportunity to buy BTC at low prices as it is today.

Maybe this is the lowest price this bearish market will reach before it will hit back to all time high.and opportunity to make a huge amount of money from investments.all traders want to buy the coins at low price.Because buying at low price will gives you additional profit.so i think this time to buy and profit time.

The price of bitcoin is related to the price of all coins. But I think if the price of bitcoin does not increase for a few days then the price of other coins will not increase. And once the price of bitcoin increases then all the coins will increase.  Its price will increase.

Buying coins during the bear season is probably one of the good decisions to make in the market. I'm always hanging out with the near sea with bagging more promising coins and getting some hold on bitcoin, which I'm fully aware that it will skyrocket to the moon once the bear season is over. Buying low and selling high is one brilliant step that will bring in profits but some risk envolved round it. Bagging Bitcoin when it was 50k, having the thought and confidence that it's going to rise back and it kept maintaining the downtrend till it gets to $16k, it's probably bad news because your trading according will be liquidated and you'll be left with nothing. Buui the dip and it kept on dipping will finally results to loss.

One smart person told me, that trying to catch the bottom is a lottery. I agree with him, so I have already started buying. No one is able to know where the bottom will be, moreover, you can miss the market reversal and then the entry point will be much worse than the current price, so buy now, but leave some funds in case the market continues to fall.

Taking your move will depend from how you project your target, I agree that there's no one who can accurately say which is the bottom all are just speculative and most of the traders and investors are trying to work it out to place their investment into the right timing. If you have a good amount of money and you are willing to wait.

The chance is always possible if you are aiming for a good outcome, there's always bounce back. Who knows how long it will take but as long
as you are willing to wait, your investment will prosper.

In this time its a good strategy to wait but dont miss your entries on which you want to buy before market comes analyse the market support and place the order ,
Market gives many chances you need to catch and wait for a higher move up or down prepare your self for any situation .

Makes sense. The more the FUD, the better opportunity to accumulate. Don't be misled by the noise.
Hodlers would be blessed, and HODL takes less effort than FUD.

The management of the global economy is so bad. But here we are.
The rise of Bitcoin is inevitable. Keep grinding.

Only a few could really see this up on which majority of people do easily get freaks out on the time they are really hearing off these FUD's where they cant really be able to see that this is indeed a sign
where it is really that something worth to take up some risk on getting in or buying while its still cheap.We know that this market cant really be having that bull run forever or rising movement
which there comes a time where prices are really going to the bottom and its really that something worth to take up some risk on getting in while its still cheap.
But people do usually get in when everything is already going up and this had been a pretty common mistake.

true, it's hard to determine the right time but of course it's wiser to always be able to prepare yourself because it could happen at an unknown moment. Of course, what you said is very correct, friend, namely to continue to leave and prepare funds when the market will occur according to what we want (the market continues to fall).
the current situation does look like it will happen, but it doesn't look like it's starting to escalate and of course that's also not a guarantee. because the world situation with the crisis will actually occur next year which will obviously have an impact on crypto as well.

Traders don't necessarily wait the bottom maybe you're referring to the investors. Traders will trade even on any market conditions, they're not waiting for price to bottom or to peak. I don't think anyone will be able to perfect it or timing the market the best strategy is to DCA, the best strategy there is then wait to sell it at higher price.

Traders can also wait for the bottom to use this opportunity in their trading strategies. And for investors, the DCA will be the best solution, since trying to catch the bottom is a difficult and unnecessary task. It is also very important to determine the moment when you need to start buying, because if you do it wrong and start buying too early, then as the price falls, there may simply not be enough money to distribute purchases for the entire period of the fall.

Some interesting observations posted, I remember seeing bitcoin being pushed up higher and higher, highs, lows, sideways...

  Back then you could make good trades and cash in multiple times a day but now it almost seems like every dollar you put in the bottom keeps going lower.

When BTC was hitting 58 and up I kept thinking its going to explode to 100 of course it didn't

I also remember thinking why didnt I buy when it was around 20, LOL.

  One thing I keep seeing that is really just the imagination of writers posting on blogs is this idea that crypto is now tied to the stock market...

IT does look that way right now but it really only appears that way because institutional investors are not panicking they are buying right now.

Another thing that seems just wrong is the idea that long term bonds affect the price of crypto...   (NOPE)

A lot of the big buyers whales, ect, got into crypto because the higher pricing made the market more exclusive.

They made plenty of money but I really believe that most of those "players" did not panic and sell out I suspect a lot of them continued to buy.

Most people still have no idea what crypto is or how it works it's kind of like having a conversation with someone about unix and linux, they have no idea what it even is or what it does most of the time you can tell right away if they are just trying to figure out if they know enough acronyms to make it through the conversation.   It is like that with most "average" crypto buyers and traders most of them have no idea how to determine if a particular crypto is worth investing in or if it's just a superficial sugar coated glaze on a bad donut.   Lower, Higher, Sideways, this is absolutely not going to last at the level it is now.   I think that what we are seeing right now is not a bear market.   The bulls and bear analogy does not fit right now.   I do believe that it is going to go back up and when it does it will be fast and it will probably back down but not to where we are now.   Just guessing here but I suspect we are going to see some 22 to 30 then back down to 18,  then back to 25, then 23, then 32, but you get the idea, of course if we knew this was the bottom, (which I think it is) we would be buying right now instead of waiting for lower prices because it seems like the more you buy the lower it goes, LOL...   When it does go back up a lot of people are going to do really well, (if they don't sell it back too fast)

You are right, I do not see a good strategy to buy altcoin in a bearish market, in a bearish market the smartest thing to do is to buy Bitcoin as the person allows it, their own financial situation will determine it, for this there must be enough conviction that bitcoin may go up, but not when the person calculates, but rather when it should go up, but what the iversore should know is that the more the price drops, the more bitcoin should be bought, it is the best investment, I know that bitcoin will go up much more than $70k, I couldn't say how much it will go up or when, but the trend is that it will be much more than $150k than what I could imagine it could do.

I myself believe that Bitcoin will definitely reach its peak. But when?
We've seen a lot of bad things for Bitcoin this year. And will this situation be fixed in 2023? And if it is not right in 2023, then many people will lose faith in Bitcoin and many people will be forced to abandon Bitcoin. So it can be expected that if you invest in Bitcoin now and hold it, you will definitely be able to profit in 2023.Because the possibility of Bitcoin to rise in 2023 is very high.

Expecting crypto to get more lower until the next halving didnt happen.

Yes, that's very good, but how to know what the lowest point is, what I'm saying is, if a person has, let's say, $20k to invest and buy in Bitcoin, I wouldn't let him buy it all at once, I would buy it all at once. in a staggered way, I would buy one week one part and another week the other part, because it is very likely that the price could drop, also the rumors of the war with Russia and Ukraine are still going on, these things can be taken into account as a fundamental factor, If we can't see things that way, it's difficult because we can buy $30k now, but if the price loses 10% or more, the person will feel bad.

It may be useful to understand potential market positions by looking at this. Without understanding market sentiment and market cycles, you will never be a successful investor. It's half the battle if you buy at the bottom. It is also important to sell the top at the right time. Is it possible for us to tell the exact bottom and peak? Absolutely not. However, you can calculate an average.

I think, those investors waiting for the price to decrease more than the current price before they can buy will not get it right in the crypto market, because the price has been low over some months which many potential investors that understood how the market price work has used the opportunity to purchased and hold for a better future. You can still buy in this season because the price is still low but it will increase higher any moment from next year to help investors to achieve something good from their investments.

The instability of the crypto market to some extent has proven to be unpredictable. Even after this particular post, the price of many altcoins have drastically dropped and many traders lost out. But for me, I think it's actually good to buy more if you have funds at the moment.

Waiting to buy lower is just not a solid strategy. The time spent in waiting to buy would have been spent in accumulating more bitcoins.
The concern right now shouldn't be whether we have reached the bottom or whether the bear market is over but should be whether we are hitting out target of 1btc and then positioning ourselves for the for the bull run.
There's not reward for waiting. None at all.

You do mean DCA?

Not all does have the money
Not all does have the patience
Not all does have that decisive moment

We do all want to buy the lowest price as possible and we do keep on hunting that spot or moment which it cant really be that possible on doing so because this market
is totally unpredictable.There's no way that we could be able to read on wheres next it would be heading and this is why people do commit out same mistakes
all over again just because those predictions and analysis had been messed up.

But why? There are several factors worth mentioning:
* historic patterns, 4 years cycles - people are comparing this cycle to the previous ones and the bottom should be reached in Q1 2023 (February-March?) according to that pattern. I wouldn't rely on that as the pattern has changed significantly - we had no exponential blow-off top: just x3 instead the x20- x30 we got used to. We also broke the tradition of not going below the previous cycle's ATH (dive under ~$19k we reached back in 2017).

* macroeconomic situation - war, post-covid issues, energy prices growing, hyperinflation, recession. You can't rely on this, because people may look for a safe heaven with all these stocks meltdowns, money losing value etc. They may consider Bitcoin to be such a safe heaven asset?

* overall bearish mood between traders - this one is hard to explain, sort of a collective brain. Noone is buying I won't too.  8)