Bitcoin Forum

Bitcoin price has dropped below $20k from the recent high of $25k in mid February. Personally I have no problem with this fluctuation because compared to altcoins and taking the bear market into consideration, Bitcoin is still reliable and the volatility is pretty reasonable. For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.

mixture of silvergate banking drama of some exchanges.. (people withdrawing fiat )
and also futures market bets

Its always fud on the table as far as the market goes. Many projects are gonna swing a lot of down dip movement due to btc crazy drop. Altcoins are the one bleeding in this kind of scenario and its due to btc. Also consider those whom going out into fiat and add those panic sellers on the reason and definitely experience a nightmare on global scale. Seeing it below 1trillion is really worse, and we can see stocks also declining means theres something wrong with the system and not just bitcoin alone.

News often plays a role in the ups and downs of cryptocurrency or bitcoin prices, As the bad news in the market in these days due to which the price of cryptocurrencies and Bitcoin is constantly falling.And the risk of further market crashes remains.But people who have experience with cryptocurrency start  buying in such crashes.Because they know that this is the best time to buy.Because this investment can give them huge profit for midterm and long term,Because any good news can cause the market to go back up.So always keep an eye on global news if there is good news coming then entry into bitcoin or crypto currency can prove to be the best.It seems that Bitcoin will bounce back from the support of 18500 and if it breaks the support then it can touch the support of 15500.

Bitcoin investors must experience and familiar to digest news especially fud. It is easier to look at the past and say early investors are lucky but they don't know that over years, there are many news, fud that can shake your hands any time and it's really hard to hold your bitcoin.

It's time to buy a dip but if you want to be sure, let's wait about 2 or 3 more days before you buy it.

If your plan is DCA, today is good enough for you to do it rather than days ago when Bitcoin was traded about $24,000 or $25,000. If you are DCAing, I don't think buying Bitcoin today or next 3 days will be big matter for your consideration.

https://dcabtc.com/

In the long run yes because Bitcoin is deflationary and the demand is increasing. The current dip is due to the shit show happening behind the DeFi sector of crypto. This is the main disadvantage on running a ponzi on crypto and use bank to fund multiple DeFi project that is now collapsing.

In theory, Bitcoin shouldn’t be affected by this recent bad news but since crypto investors are dumb to panic on every news that is not related to Bitcoin. Market dump to an insane level due to fear. I don’t suggest to buy now but Bitcoin is a good investment in general.

Bad news is arguable =)

If you're a trader/speculator and you've got expiring long bets, sure.

If you're a DCA guy and you haven't met your target hoarding (hello, that's me), then it's more time and opportunity to get Bitcoin below $20k, knowing that's not going to last forever.

I personally believe that despite the recent drop in Bitcoin price below $20k from its mid-February high of $25k, it's still a reliable investment compared to altcoins. The volatility is reasonable and it's just a fluctuation that happens in the market, and experienced investors tend to buy during market crashes like these, knowing that it can give them huge profits in the midterm and long term. However, it's always important to be prepared for FUD in the market. The recent dip in the Bitcoin price is due to the shit show happening behind the DeFi sector of crypto. Even though Bitcoin shouldn't be affected by this recent bad news, weak-handed investors tend to panic on every news that is only remotely related to Bitcoin, causing the market to dump.

I would say that fluctuations in the price of Bitcoin are normal and should be viewed with a long-term perspective. Cryptocurrencies are at the beginning of a new technological revolution and could potentially play an important role in the world economy in the future. However, as cryptocurrencies are still an immature industry, their prices can be uncertain.

Therefore, when investing in cryptocurrencies, it is important to ignore short-term fluctuations and build a long-term investment strategy. Investors should understand the potential and risks of cryptocurrencies and build an investment strategy accordingly. Furthermore, investors can use risk management tools such as portfolio diversification and stop-loss strategies to manage their risks.

This situation is not new and many have already witnessed similar events more than once.Everyone who was ready for such a scenario did not have any problems as their portfolio was prepared.Once again I am convinced that it is impossible to keep everything in one asset.For those who sat in bitcoin and did nothing,it will be a lesson and in the future they will not repeat such mistakes.

We have now seen another drop in bitcoin and many people didn't even think it could go below $20k. For new potential investors, this moment is the right moment to invest in bitcoin because they can buy at a low price even though the price can drop deeper later. At the very least, those who can afford to buy at this price can get a feel for buying at a low price and hold onto it until the price goes up. And the increase in bitcoin prices is predicted to exceed $ 70k so if they can buy at the current price, they can get big profits depending on how many bitcoins they have. We are now at the end of the week, usually marked by a correction. Hopefully, this correction will not continue or the price can stabilize at the current price. Hopefully, the price doesn't drop any further.

We keep looking for the reason why bitcoin is falling but forget that we are still in bear season, which means bitcoin can be dumped at any time, even without any negative news. Bitcoin price drop is an opportunity for everyone, but those who are afraid should sell and leave the market, giving the opportunity to others. I don't want to give advice to anyone because this is a financial market, and you can't expect everyone to win.

Price drops = opportunity
Price goes up = opportunity as well.

If the price of Bitcoin drops, it's the perfect time to buy some Bitcoins. I mean instead of you panicking out there because your investment had a paper loss, why not add more especially when the coin that you want to buy is Bitcoin. Instead of selling your holdings because of what you're seeing, do the opposite, and buy more Bitcoin. Most of the time, contrarians always win because they are always against the herd. They are against what most people are doing. They're doing the opposite of what most investors are doing. Now if price goes up, it's also an opportunity as well as we can sell our holdings and take some profits.

Fluctuation = opportunity depending on where it will go. Whether it's upward or downward, fluctuation is always an opportunity.

Yes it is though I'm not 100% sure if Bitcoin will go up after this drop "again".
What do I think about recent price drop of Bitcoin? It's an opportunity. Take the opportunity, and buy Bitcoin.

It's a temporary down, so i think it's the best time to buy bitcoin if anyone want to keep it for a long time and no matter the price if you want to keep because you are the winner in any condition

Bitcoin has been made to work against people who don't really understand or care about it but want to gain unfairly from it. If you care about it and believe it will be worth 30,000 tommorow, others could begin to say thesame thing making things look like they are the ones making the 30,000 prediction. If it gets to that price they will take the credit that belongs to another and probably make huge amount of money from it. This is the issue those who care currently face. You just need to find a way to get around this... If you say rain will fall Sat by 2pm and people start saying thesame thing, how do you make sure it rains exactly that time without copycats taking the credit? You make sure it fails to fall tommorow by 2pm to decredit the copycats and get it to fall another Saturday 2pm. Problem solved.

Know this and get satisfied, bitcoin will always and forever be volatile, there's nothing like fluctuations because the volatility is what some rely on for their own profitability, know this that at every point of bitcoin price, people buy and sell, sonwe can't have a fix in it price when the power behind the demand and supply equilibrium balance the equation in setting a new bitcoin price which is the outcome of what we see as a dip or bull concerning bitcoin price.

It's reflection of its inherent value

“I just got fluctuated out of twenty-five hundred dollars.”
-Jerry Seinfeld

The market’s purpose is almost exclusively to take your money. It is a machine that works against emotions to get people to take losses and invest at high prices. It is best to avoid the fluctuations, create a long-term plan, and stick with it.

The price correction occurred as it seeks to test the support level. According to my technical analysis, this level is about 17-18 thousand dollars. After that, most likely there will be a U-turn and a flight to at least 30 thousand. But there is also a small chance that the price will go lower, but its dont will continue for a long time...

Bitcoin price has always been affected by Fud from the collapse of exchanges or financial institutions due to the wrong understanding that bitcoin is different from other crptocurrency. The altcoins will drain down and some might can crash because bitcoin price is what these altcoins depends on for their rise and fall.

I see the present price of bitcoin as an advantage to accumulate more coins and make sure you planned to hold for long,to enable you make profit from it. At every dump or pump of bitcoin price,it is an opportunity to exploit the crypto market. I wouldn't be surprise if the price dumps below this.

I believe from my 11 years experience, that we will bottom somewhere around $8K after the CBDC and Western Hemisphere Vendetta begins and smashes the idiots out of the space. Then we true hodlers can enrich ourselves still further. It's so long since I posted many many years ..... these times are bringing the true spirit back again. Hodl On! (p.s. be careful as we may go much lower than that - it's a wonderful opportunity for those who missed the foundation years)

Ups and downs are a realistic portion of crypto market so we should not worries about it. If bitcoin price drops so it's also beneficial because lots of people are in desires to make investment in Bitcoin so this is the best chance for them to make investment.

In my opinion if bitcoin drops even more than this, bitcoin will always be the foremost option for investors. According to the market experts the cost of coins is greatly concerned with information about coins some people spread wrong information so therefore the price downs and it spreading of good information initiate then the price ups.

It is expected and the recent drop is not the worse that bitcoin investors have experienced. The recent drop can be discouraging for new Investors who just purchased bitcoins this year and were expecting that the days of bitcoin dropping in price ended with last year, and that this year was just going to be a steady climb. A drop in the price of bitcoin always brings you back to the reality that it can happen. To avoid panicking that can lead to you deciding to sell the bitcoins you have, get used to the feeling so you do not make emotional decisions.

There is not much to interpret since this is simply how bitcoin moves, there were some users predicting we could see another important growth during this month, but such a thing would have brought the price close to 30k, and with the halving so far away it seemed as if it was too soon for such a price to be reached, so a drop on the price makes sense, however what is surprising about the current movement is that during some minutes the 20k floor was broken, which I personally thought we have left behind for good already.

We need to be patient as an investor and we don't need to be following the market back to back when we are not yet a trader. Bitcoin is a volatile asset and we should be ready for anything that would happen whether is it good or against our wish. Bitcoin was able to reach $25k late February and now it is back to $19k making our to be skeptical and thinking whether we should buy or not. As a Bitcoin holder or any cryptocurrency we need to be ready for the swinging of the market price which also include new projects that is entering into the market.

When it comes to Bitcoin price fluctuation, I totally get where you're coming from. But, Bitcoin still seems to be a pretty safe bet, especially if you consider the recent bear market. As for investing, that's always a tough call, right? I mean, there's no telling what could happen tomorrow! Bitcoin is known for its volatility, and let's be real, investing is always a gamble. But hey, sometimes taking risks pays off big time!

Personally, I'm not too worried about it. These things tend to happen, right?

It's a good time to buy more bitcoin I suppose, I mean if I have plans of buying bitcoin at the moment, now is a good time to buy.

Those who are following the news knows why the entire market is bleeding, not just bitcoin, so it's not entirely a new thing, sooner than we expect, bitcoin is gonna be back above $25k and above, so, there is absolutely no panic for those already understand this market.

Well, I really like the way you interpreted: investing is always a gamble, which is simple, direct and effective. Most comments on this thread are reasonable based on facts and their experience/confidence, sometimes investors' confidence plays a big role. However, the problem is that very few of them could admit that investment is another form of gamble. If anyone believes this is a good time to buy in Bitcoin, then just do it. Otherwise they should hold their wallet tight. Too much analysis might affect the right decision and miss the opportunity in general.

Bitcoin is an appreciating asset in long term, with high volatility in the short term.

You will see the price moving up and down since the entire world is buying and selling 24/7 for many different reasons.

But, at the end of the day, every roughly 4 years the new batch of Bitcoins produced is halved, so that means there's less Bitcoins moving around for the people that want it.

Even assuming the same amount of people want to buy, this means the price will go up.

And the thing is that over time, there's always more and more people interested in becoming free of fiat.

Eventually, the price will just continue to go up over a long period of time.

So, it doesn't matter too much when you start, but for how long you've been accumulating(saving) your money in Bitcoin.

The value of any asset or commodity depends on supply and demand. However, with the bitcoin market being a small and speculative market, its price is still manipulated by financial sharks. Bitcoin was a currency revolution, but it was eventually manipulated by sharks, and they created more shitcoins, thereby creating a money game market where we compete for each other's money. In the future, cryptocurrency will likely be an important industry for the world economy, but for now, it is a big gamble.

Of course, with this decline, I am not surprised because bitcoin is indeed volatile, and at the same time it opens up space for new investors who want to try investing in bitcoin.
and also opening space for old investors, by not missing this good opportunity by being able to buy bitcoin again and of course it will be even more good if you use the DCA system.

but sometimes I wonder why there are always selling bitcoin at a loss when the market is down....

The important thing is that potential new investors can accept the risks involved in investing in bitcoin and know that the crypto market will fluctuate more often. If they can accept the risk, they can invest in bitcoin immediately and keep it long-term. This decline may still occur and we just need to be prepared for it and buy bitcoin at low prices.

But the fluctuations in the crypto market can be overcome by studying where the market is moving so we can use it for our benefit. And don't be afraid of these fluctuations because after this decline, we will surely see a reversal and price recovery again.

Listen, mate, you need to understand first when and why the price of bitcoin gets affected. So unlike any other asset, Bitcoins also follow the policy of supply and demand. So when the demand for the coin increases, the price increases, and since bitcoins are limited in number, no more can be created. And the reverse happens when the demand decreases. So this price drop is very normal, to be honest. Yes, I agree that this price drop has brought new opportunities to buy the bitcoins at a low price, so without wasting any more time, I would suggest everyone buy the coins.

Like the op, I don't have a problem with the ongoing volatility of Bitcoin. I don't think it means anything apart from the fact that there isn't enough support for a higher price, and especially for a bull market. As for me, Bitcoin is still doing pretty well, considering that it's a decentralized currency that no authority is managing by issuing more coins or burning some coins, or by setting up an artificial state-guaranteed price. It functions alright without regulations, without any external control. I don't think it's reasonable to expect Bitcoin to just endlessly grow, without temporary fluctuations and corrections.

Why it's not the right time to invest Bitcoin when Bitcoin price have suffered many dump and still able to make new ATH? as long as you buy Bitcoin using money you can afford to lose, you can hold for next few years until the bull run happen and you can make money.

The fluctuation of Bitcoin price is really normal and you shouldn't be surprised if Bitcoin price can change for 10% in a day.

I honestly think that it is just a drawback and nothing more. I know that people do not like it when someone has this much FOMO, people hate the optimists in the comments section and they will always mock around about it, but you will see when the time comes that I was right about this.

I can see at least 2x increase this year, and for that to happen we need to sometimes drawback like this, let the sellers and weak hands get out and when they do, stronger hands could end up holding longer and diamond hands will end up buying even more. That should have been the case for most people and I think it will continue to happen for a longer period of time.

It's quite normal in the crypto space, but the good thing now is that the price has already pumped and remained at the $20k level. I believe that from here we will see a stable increase that could possibly result in a bull run. The only advice I can give is to buy when there's FUD (fear, uncertainty, and doubt) as it always gives us an opportunity, assuming that you believe Bitcoin will survive despite experiencing a significant dump.

Indeed fluctuation is a part of its natural volatility in terms of market value. Profit potential is high especially if you would be able to determine best times for engagement. When it comes with 'right' time to enter the market, it speaks for trend line I guess. Perhaps entering the market too early would require you to endure market downfalls before uprise movement be seen. Entering the best times for investing in Bitcoin and other technologies would allow an investor to maximize the profit potential. But if you are not into making efficient 'bets', then entering at any price points would be convenient still for lomg term investment.

To some, fluctuations are a bad thing, that is valid because they might be investors who cannot take that much of risk. To some, it is advantageous which is valid as well. It just depends on how an investor would view market behavior and to make use of it.

No doubt that Bitcoin investment is a great investment but timing is very important for it.The main reason why the price of Bitcoin is constantly falling is that there is a lot of bad news in the market right now۔
Whenever such news is circulating in the market, it creates a panic within people.And people try to exit the market.Which always causes the Bitcoin price to crash۔
And in a crash market if people withdraw money from BTC, it will affect the price of Bitcoin anyway.Because if people will withdraw capital, the price of Bitcoin will never increase, when people will put capital, then BTC will go and increase its price.When the market is down, everyone tries to protect their own capital by exiting the market and converting their assets into stablecoins, and this is a natural process.And this will also greatly affect the price of Bitcoin.

25% price drop in a week of time frame is not happening first time so really nothing to panic for holders and for investors 8ts 25% discount price so more returns in long term and so on. Price drop and hike is very common in bitcoin so speculating about it will lead to nothing unless we carry enough funds to manipulate the market and make profits from it.

there will always be this up and down movement in this market, and it is up to you how you will act on this to take advantage of the opportunity. the fluctuation won't go away anytime soon as this is still the major feature of crypto market. the volatility factor is one major factor why this market is very attractive to traders.

FUDs are always inevitable when Bitcoin suddenly drops its price, without understanding that bitcoin is highly volatile so it’s expected to see some price swings from time to time. However, seeing this sharp decline, I believe it’s even a bigger opportunity for long term hodlers to continue DCA while the price is now affordable. But for narrow minded investors, this will cause them panic and end up selling their bitcoin at a losing price.

Bitcoin price fluctuations is already part of a highly volatile market as you won’t expect for bitcoin to keep on surging high without even dumping its price at some point. So it’s never a new thing for us. But for beginners, I can see that this will be a threat for them and believe that bitcoin is not a potential investment. However, for smart investors on the other hand, this will bring them another opportunity to invest while the market opens a good entry.

The thing is that if people keep thinking about fiat price of Bitcoin then they will probably miss the whole point of Bitcoin, which is to have an independent economy.

At the end of the day the purchasing power of Bitcoin will increase over the long term, so focusing on short time-scales noise is not really that relevant.

If we are talking about long-term investments, then there is nothing to worry about, it will bring results in the future. In addition, this time can also be used for trading, if I buy now when the price has dipped, then I will sell when it rises +10% or higher, and if the price continues to fall, then I will not worry about this, because I so I buy bitcoin for long-term investment. To some extent, this is risk-free trading for me.

It's still good to invest when the price has dropped like what we are seeing today and you need to remember that it's not like other cryptocurrencies which might not recover after their price has dropped because of multiple negative reasons. In bitcoins, we don't have that scenario and when you are willing to wait and patient enough to wait for the next bull runs, you will surely going to be happy and your sacrifice will automatically pay off. That's just how good bitcoin investment is, and if only they wait long enough, they could have seen the price rise up to $30k+ but some people are in rush, that's why the price has suddenly dropped these past few days.

I've said it before, but FUD isn't just inevitable, it's necessary (to me, anyway). I've got no problem with FUD, just the same way I don't really have a problem with FOMO. They come in equal measure, just not at the same time, and obviously are both retrospective kneejerks most of the time.

But we're talking about something a bit different here, and how to perceive this current period of price action. You can view it as bad news, and then it's FUD. Or you can view it as opportunity (dare I say that's FOMO?).

Bitcoin has always been volatile in nature so price fluctuations will always be present anytime. We could see bitcoin price pumping today, but expect that it may also dump the following day, and this has happened ever since so there’s no much to interpret about it. As long as we know that bitcoin’s volatility happens for good reason, as it opens new opportunity for beginners and those who plans to continue to do DCA, then for me it’s something that everyone looks forward to. But let’s see when halving starts to happen, as it’s always expected that bitcoin price will certainly make a good progress right after that, since that’s what history has been showing us.

Definitely, it is still a good time to invest in Bitcoin.  Looking at its ATH, Bitcoin is still selling at a discounted price. and we all know that after halving, the Bitcoin price tends to surge, and a year later of halving Bitcoin tend to record a series of ATH breaking event.



It is influenced by the bad news created by collapsing centralized services and exchanges.  Since the news of exchange bankruptcy brings negative news, the market reacts on it.  We can also consider the correction of the price since Bitcoin surged too fast from $16k to $25k so correction is also expected.

The correction of price is a very good point and I totally agree. Sudden surge within a short period is not healthy and sustainable for the market. I can't prove that the Bitcoin market may also be manipulated but I tend to believe that. If the "correction" is true, this is really a good move to help the market stay healthy. At least for me, this fluctuation eases my worry and boosts my confidence in Bitcoin.

I interpret it was because the fear of the market towards a scenario of insolvency by Silverbank to its clients, among those some important exchanges in the United States. I would also add that the recent depegging of some USDC and DAI did not help the situation, it had something to do with the Silicon Valley Bank.
This makes me realize how much dependant this market is of centralized entities which hold the liquidity, in a perfect world P2P would be the usual.

Still, it seems Bitcoin price tonight is heading to a recovery of the level of the 23k$ now the waters have calmed down. I would not say anyone when or how to invest their money, by the way. Each one is supposed to DYOR and use the best approach to their situation, in my case, just long time holding.

I'll just give them outline on how the market move takes place. Some easily understand the demand to the supply, whereas the majority just ignore it. When it comes to potential investment, experimenting with small amount will give the confidence and better understanding about the market.

Every price drop is an opportunity. Only the people watching the market for long term understand it well whereas the new investors just have the panic mind and finds hard to invest. Watching the market for few months could let the user understand the volatility and move towards investment, if not investing needs to be done purely on trust.

After having dropped to the area of ​​$ 19.55k a few days ago and now the price of bitcoin has returned to the level of $ 22.33k when this post was made so in my opinion if at that time you took advantage of the decline by buying in the lower area then of course now you get passive profits with the increase in prices that bitcoin is currently experiencing, basically we cannot avoid the volatility of Cryptocurrency movements because it is the basic character of every crypto but investing with bitcoin is the right choice because bitcoin price volatility is not too aggressive compared to other coins.

I don't know why you compared it with altcoin, because when bitcoin up altcoin dump, bitcoin dump altcoin more Dump, and there is only have a bit and few time to buy altcoin. but when we talking about bitcoin, there is no spesific time to buy because you can buy it anytime do you want.  Because the price will follow the halving time.

Price actions have always been my preferred trigger type above trends; I've tried it and it works for me, so I urge traders to follow the price actions because it's very crucial although the profits are massive. Bitcoin has a specific era when it soars to the moon, however at the moment, the project is fully consolidated. Bitcoin is the #1 project for potential investors who are keen to put money into fresh, reliable projects. Bitcoin is a fantastic investment and has a greater potential of experiencing a major pump in the months to come. Bitcoin is having difficulty in the bear market during the dump phase.

I don't see it as a problem but for me it was a blessing in disguise. Sure thing the price can dump due to fluctuations and then my portfolio will be affected. They will also go down but I don't really mind it since I am no way of touching them anyway but I will in fact add more coins in my stash because I know that fluctuations is also the way for them to recover and then rise to a whole new level and that is the time that I can now harvest the crops that I planted.

For other people, I think they are easily annoyed with the fluctuations that are happening with Bitcoin and altcoins. They think it's a hindrance for them to reach their first millions.

The sooner you enter, the better you profit? No man, look at today's price. You may have made some profits if you had entered the market while it was at $19k. But it will be for a short term plan. Bitcoin is a long term investment asset. So in order to get the best out of it, you need to have a good plan and long term investment mindset. Forget about recent price movements. Focus on the future and what bitcoin holds for us. So never too late to be in the game.

The drop was great press for the market, that was a quick opportunity for the majority and I guess it wasn't the retail investors that have taken the advantage.

I have no record with that but as we know when such fall comes and if we get a quick recovery, there's the reason for that demand and that probably came from the financial institutions that have come to take those on sale bitcoins.

Yeah, that's basically what I am saying and those that have bought when it was below $20k or even up to $22k, we're at $24k now but still no one knows if this price stays for long.

It is indeed a blessing in disguise for people or investors who wanted to enter or reenter the Bitcoin market.  Instead of buying Bitcoin by the price of $24k, the current drop made some people save money it is like 20%+ discount in buying BTC when it hits sub  $20k.


If they don't want fluctuation then better to get out of the Bitcoin market because Bitcoin price fluctuation will never end.  Even stable coins and fiat currencies are fluctuating.  There is no such thing in the market that does not fluctuate.

Hmm maybe it's a bit late for me to reply but let's say the word. Yeah, when BTC was below $20k it was a great opportunity for investors, hodler, and traders but it does not mean that the market will not provide another opportunity you just have to be patient. Now as of writing this reply, BTC has reached close to $24,232 which is just unbelievable for the market to recover.

The market has provided a lot of opportunity in the last few weeks, First, it was a ban on Kraken Exchange's staking system in the USA then the news that was booming on crypto of SEC suing Binance for BUSD and now Binance (as of present) converted there BUSD reserves to other coins like BTC, ETH, BNB, etc. to decrease the impact if it de-pegged.

Secondly, the news of Silvergate bankruptcy also causes some fluctuations in the market which no doubt cost some traders who took entry b/w 23k to 25 but I can say as of today they must have recovered there most of the loss and maybe made some bucks in profit.

Thirdly, the bankruptcy of Silicon Valley Bank (SVB) behaved like a third-time hammering on the nail which was hammered first and second times. This hammering by SVB provides another opportunity for all of us.

What I think is, when people shrank their deposits from SVB they need some other source to invest their assets which I think is Crypto. That's why when the week starts the institutional markets open up and the big candles started to make. And boom BTC goes straight to $24k.

If you want to invest or take entry into the market then I must say DYOR ( i love these four magical words) haha. because it saves effort and weight. I think a little patience will do the work as maybe another de-pegging of BUSD will provide another opportunity. overall I am bullish for the long term if you want to buy BTC for hodling then buying it at $24k is a good opportunity overall, it depends on your financial status all I can do is share my opinions and once again do not follow anyone just follow your guts and build confidence (once again I am just sharing my thought that it.)

Bitcoin has always been a good and potential crypto investment and it will be a good market entry if you start investing it at a lower price because it will enable you to purchase a bigger amount of bitcoin at its affordable price. Though everyday is a good time to invest in bitcoin, but if there’s a market crash, that will open a great opportunity for another market entry. So volatility is a good thing for bitcoin, however new investors often misinterpret it and cause them to panic, when in fact such price decline will only be temporary.

There is no point in drawing your isolated conclusions when the price fluctuates ;) Most of the news are priced in and when some crash like dynamics happen, you are probably too late to exploit the movements anyway. I'd rather stick to some strategy, my advice would be longterm, and sleep well and let Bitcoin develop. If you want to trade the whims, that is a hard business.

If you read some of the news it sometimes talks about short squeezes. That's when those who bet against Bitcoin in the short term get crushed. Don't bet against it, don't use leverage and build some reasonable positions.

When Bitcoin moved to $15500 it was an opportune time for us to invest. Then at the beginning of the new year, Bitcoin went up. The price of Bitcoin rose to $25,000. Many people thought that the investment opportunity might be gone. But we can see that in the last few days the market has come down again, I think another opportunity has come for people to invest. But the market bounced back from $19,800 to $24,500. But I think even if the market increases, it is still the right time for us to invest. So those who want to invest can still invest.

It also depends on the time that you have money and attention to invest in Bitcoin really.

For example, you could say that $15,500 was too expensive because you were buying it in 2013 at a fraction of that price.

The thing is that Bitcoin is an appreciating asset, so no matter what price it is today, it should be higher in the long time.

Thanks for sharing your thoughts. You have done abundant research and I guess you are not on impulse. The analysis of the everyday news is quite necessary and each of us must learn to have a critical thinking. As the Bitcoin price surges again, more confidence will be built for new investors/traders. I am pretty sure we will witness another ATH. Just be patient.

I think having the mentality of adding more and more to your Bitcoin stash helps.

Because it doesn't matter what price it is today, you're still saving.

It's kind of like investing in a passive index fund, but better, because it's bitcoin

As we have seen now, only a couple of days ago the market was quite volatile and shaky and people were already discussing when we are going to see 17k prices. Despite all the bad news like the banks crashing and bad regulation being proposed by Joe Biden's administration, we have immediately seen a big comeback and even more than that. We just blasted through the 25k and now consolidated around that number. Probably we are not going to see 17k or even prices below that ever. That's a bullish sign to me because when even bad news about regulations and important banks crashing can't push Bitcoin down, then what can?

Too much volatility has not weakened Bitcoin but made it stronger. This is another proof that Bitcoin has endured the market and a huge comeback boosts all investors and traders' confidence again. Friends of mine begin to buy more Bitcoins and i am planning as well. If this is not a big time to invest, I can not think of a good one in no time soon.

You will always see bitcoin fluctuations in the market, the process of correction and recovery will continue at any time and can never be avoided. You already know bitcoin that's why it doesn't matter about price fluctuations, but it will be different if people who don't understand bitcoin.

Most people rely on bitcoin as a long term investment and some use short term patterns. For the long term potential whenever you can take the approach to make a purchase, while the short term depends on how you want to profit. I think bitcoin can be bought in any condition according to the investment pattern you make, but most people use the decline process as an approach to buying.

There is a term market sentiment that occurs so that bitcoin has decreased, one of which may be negative news that is developing or there are other, more fundamental influences that cause bitcoin to be corrected and there may be many factors causing the decline that occurred. According to my observations today and yesterday bitcoin has returned to the recovery stage from the previous correction process, even today it is in the $24k price range.

The fluctuation of Bitcoin price is a complex phenomenon that can be influenced by various factors, such as market demand, supply, geopolitical events, and technological developments. Some experts interpret the fluctuation of Bitcoin price as a natural aspect of any asset market, where buyers and sellers are constantly adjusting their positions based on their perceptions of the market conditions.

Others see Bitcoin's price fluctuations as a reflection of its relatively new and untested status as a decentralized digital asset that operates outside of traditional financial systems. These experts argue that the volatility of Bitcoin price is a result of its lack of intrinsic value and the uncertainty surrounding its long-term viability as a store of value.

Overall, the interpretation of Bitcoin price fluctuations varies among experts and depends on their perspectives and beliefs about the underlying factors that drive the cryptocurrency market.

The recent drop in Bitcoin's price may present an opportunity for some investors to buy at a lower price, but it is important to approach any investment decision with caution and careful consideration of individual circumstances.
Regarding whether it is a good time to invest in Bitcoin, this is a decision that depends on many individual factors, such as your financial situation, investment goals, and risk tolerance and always DYOR before investing

Investing in Bitcoin becomes difficult for some people. They think Bitcoin is hard. But I don't think so, I invest there, sleep well. Don't worry so much about the money invested. Because I am a long term investor. I don't panic as often as they do. And I believe that Bitcoin will never stop. So I invested in Bitcoin and slept soundly until it went up.

Well to me, this has been the most volatile bitcoin has ever been in its 10+ years run. Some may say the 2020 is a much more chaotic year but then again up until 2021 the currency remained rising in value which is something that is really expected of it during those times. This time however, with the SVB failing and many other shenanigans in the real world taking its course, one would've assumed bitcoin is supposed to drop in value along with these current events, but as it stands today bitcoin is rising in value, even went so far as to jump from 20k to 26k despite the fact that SVB, one of the "most trusted" banks in the US has failed. Just weird times man, and people are saying bitcoin's not as financially secure as investing money in a bank.

Bitcoin fell to as low as around $15k and people were still asking this question if it was the right time to buy Bitcoin. Even if Bitcoin were to fall to $5k or below, I believe instead of people to massively buy they will be questioning if Bitcoin is Dead. Price fluctuation or volatility is normal in the Bitcoin market and even new investors should take advantage of this current price if they really want to invest.

Price volatility is normal but within a short run, most people tend to focus on the latest price change. Let's say, $15k surging to $25k may not be a huge leap in the long term for Bitcoin but for any investors, if you bought Bitcoins at $15k yesterday and two weeks later the price became $25k, that would mean a high return from the investment. If the price was the other way around, that would be a huge loss. So everything is situational and it is not weird every time people ask the same question because no one can predict the market tomorrow.

Of course, if Bitcoin ever drops to $5k, people will be more concerned about whether Bitcoin is dead than investing here! Will Bitcoin end? I would not, however, think that those who actually invest in Bitcoin are always waiting for a bear market in the market.They know that the market will give us an opportunity to invest, that is the bear market. Bear markets have always been behind Bitcoin's rise from lows to highs. So is Bitcoin over? Of course not. It's best to use that as a good time to invest as we have many bear markets coming up next.

There is no point in speculating about this now. Right now bitcoin is having constant local corrections, but I think it's still a good time to buy bitcoin for small amounts.

I have been fond of long term investing.  Bitcoin going down to $20k is a great opportunity for me to invest in it.  I am not a speculator and I think it is good for investors like me to invest at the bottom.  But if you are a trader I don't know how they think so I'm not sure about my opinion for short term investing.

I consider it as consolidation points to get more BTC

Long-term or short-term both provide benefits. Just adjust whichever is right for you.
If you are fit for the long term by buying gradually it will be a good opportunity for you and can enjoy the benefits when the target has been reached.

But for those traders who make short-term investments, there will be benefits to be gained from every price fluctuation that occurs.
Scalping, Swing trading, and other methods can be used to make quick profits, but this requires expertise in technical and fundamental analysis and psychological readiness to monitor the market at all times.

Short term is harder to handle though. Sure it does bring you profit if you know what you are doing, but it is a lot harder to make money from that and I would advise against it. On the other hand if we are talking about long term then you literally do nothing.

I personally believe that if you are a newbie then you should go for long term at first, while your money is in bitcoin, hold it there, and start learning about short term trading. Overtime you can withdraw some of that long term money, but I mean like 10%, and then test out trading, if you are doing great then you can put more money into it, if you are not doing great then wait it out and get more money for trading again, do this until you are better.

History teaches us that bitcoin can be bought at any current price - after some time this investment will definitely bring profit. 

However, this profit in dollar terms can be significantly increased by buying the first cryptocurrency at local lows, and not at local highs.  Bitcoin very often gives us such chances.  In fact, these are excellent opportunities to buy more bitcoins and therefore become richer. 

Now, in my opinion, is a good time to buy bitcoins.  So far, the price cannot exceed the psychologically significant mark of $30,000. 

By the way, the average purchase price of MicroStrategy bitcoins is approximately $30,000. 

I would assume that all Bitcoin purchases below $30,000 will generate good returns going forward.

MicroStrategy is buying bitcoins no matter what.

El Salvador is buying bitcoins no matter what.

That seems to be a great way to accumulate Bitcoin in the long term.

Investors can buy Bitcoin at any price without being worried because in the long run Bitcoin is bullish, the people that worries much about price are the traders. Traders see bitcoin as a profitable business while investors see bitcoin as a vital asset.

The short term is certainly difficult for beginners who do not know how the market works and do not know the trading knowledge they should master.
Difficult or not depends on how one can learn the science of trading well. Difficult and Easy is Relative, some prefer to do short-term trading because they master it and some do long-term because it does not require more detailed analysis.

Long-term for a beginner does look easier, but you also need to know that long-term will also pose a psychological risk.
If beginners cannot handle it and the money they invest for the long term is still needed for other purposes, then when the price is still falling they will cutloss, which is even very detrimental. If you intend to do long-term, you must be ready with the money used.

Some testing is necessary, in order to find where you are suitable for trading.
Determine money management well and don't panic about everything. Short-term should be ready with the spare money and long-term do with DCA.

Indeed. Long-term needs psychological power to deal with price fluctuation. Recently I invested in the new altcoin ARB when the price was reaching $1.27. In the beginning, everything was great, the price going up and everyone was happy. These days the ARB price (also Bitcoin price and others') is keeping going down and technically I lost money. However, I did not sell them and chose to keep. I have to make this investment as a long term because selling at this point is an absolute loss but if I wait patiently until the next bull run, I will probably make money. Anyway, even if the price never recovers, I will be fine. That's the money I can afford to lose.

Well, the thing is that it's always a good time to get more BTC.

Until you need money for something interesting, like real estate, or any other valuable asset.

Selling BTC for fiat only to keep it makes little sense to me.