Bitcoin Forum

Bitcoin price is currently 28k and I have 5k usd fund which I want to invest in crypto currency, and want to make this investment for long term, want to wait until next ATH or touch current ATH.
Do you think it would be perfect to invest in Bitcoin now or should I wait for a few more days to get a good DIP?
I am actually very weak in analysis so I would like to know from your personal analysis that Bitcoin can go below 20k again?

You never can tell if the price of Bitcoin will move in a downward trend or move in the upward trend, but since you're going for the long term investment then the current price shouldn't be an issue for you.
No matter the price you buy as long as you are going to wait until Bitcoin returns back to its all time high then you shouldn't be concerned with the price of Bitcoin currently.

For investment you take nice step to invest in bitcoin but It's seems that the candles have started dumping again. No one can say or prediction 100% confirmly that how will be the future condition of crypto market but if I have to say or suggest something to you -
Since 5k usd is not a bad amount and from current analysis and from my own little experience, I want to say that wait some more time for investment, dump has started from 12 pm today, I think the price will decrease by 2-3k at present.  Then I will ask you to wait more to get a dip below 20k, may this pump could be a bulltrap. :)

I think we haven't reached the top of this spike, there may be a dip every time but it will still be fine in the long run. I speculate that the price may not go below 20k anymore but probably close to $22k. Just my analysis.

anyone can analyze the market but it's hard to really pinpoint a real price. What I can say is that you will get the highest return if you hold past the halving in 2024.

It's on a dip now so from $28k, I've seen it drop today to $26k. The possibility of bitcoin going down to $20k is there but, it may not go back there anymore too. As usual with these predictions and scenarios, we can think of it. What's best is to just DCA on it, maybe on a weekly basis or every time you see the price of bitcoin go on a correction. Because we don't know how low it may get or how quickly it will go to the other high price levels that we're waiting for.

And that's why for him, DCA is the best strategy to make.

Ha, you're right! Looks like we got a dip alright, and not the delicious kind you'd find at a party. I guess this is why they say timing is everything when it comes to investing.

As for whether it's the perfect time to invest in Bitcoin, that's always a tough call. It's hard to predict the future of any investment, especially one as volatile as cryptocurrency. But hey, if you're a believer in the long-term potential of Bitcoin and you're comfortable with the risk, now might be as good a time as any to buy in.



Of course, there's always the possibility that the market will dip even further in the coming days or weeks. But as they say, you can't time the market perfectly, and it's hard to say whether Bitcoin will dip below $20,000 again or continue to climb. Sometimes you just have to take the plunge and hope for the best.

long-term investment strategy in cryptocurrencies is often more fruitful than short-term trading. Investing in Bitcoin at the current price of 28k could be a good entry point for a long-term investment, considering its historical price trends and market growth potential. Therefore, it's important to invest only the amount you can afford to lose and diversify your investment portfolio

It is hard to predict maybe there could be another dip close to less than 20k again. As you wait for such and such time it will only limit your profit gain. So what you should do at this mixed market stage is to DCA and see how it goes. But if you feel you want to invest everything at once I will say u should be reluctant because even this 27k price tag is still low enough to gain considering the current ATH. Should we get another ATH then you could be having 2.5x+ of your investments.

I am also agreeing with you in this point that now it is 27.3k is enough good dip for holding or investing on bitcoin because if you see the ath of it , it is still more than 2x . But seeking for more profit will not that bad idea for now cause I think bitcointalk can slip again from this current price because market is so unstable and I don't see any upper resistance for pump. So I think investment can be done by observing some more time .

Just think about that there is no perfect time for investing in Bitcoin or any cryptocurrencies but it was good if you start when the price is low. Unfortunately, we're done with the dip, the market is now recovering, you never have to wait for the dip but instead, make a decision to buy now. If were you, I'll take the opportunity while the price of Bitcoin isn't surpassing $30k as any of these days it might be going there. Don't think about the past but rather think about the future as ATH will come next.

Hard to tell the exact price where bitcoin of bitcoin in future and holding is strong mans game so if you think you can handle it then try to hold you never know what will be the result if you didn't try it. No one can tell what will happen but if we base up on the stats we can figure some things that price pump which can reach up to ATH is really possible. Just make sure only that you can afford to lose that money so that it will not hard for you to accept if you lose your money when market unexpectedly dump.

I think it is left for you to decide, you should just do your analysis to know if this is the right time to invest in bitcoin, I don't think you should expect anyone to tell you the right time to invest, you should be the one to tell yourself.

Bitcoin price is still down, if your are planning to hold bitcoin for a long term, then you shouldn't be disturb about when to invest, Bitcoin price is still down to me, so anyone that's planning to invest for long term might invest now, but you have to do your research before investing.

This is a critical question every investors used to ask to maximize profits. The problem is that we don't know what the market is capable of doing since the Bitcoin price keep going up and down. We might think the price is going to come down more before buying and end up going higher. If we know the absolute answer to this very question then every investor in the market is going to be very profitable as well.
You need to look at the market candle stick and try and analyse it so that you can predict the next possible direction of the price of Bitcoin.

Analysis even doesn't work effectively in most cases if the question is about "when is the right time"?

When buying, you really need to decide for yourself and be brave enough to face all the possible risks.

If you really want to buy for the long-term, then decide now regardless of the price. There are lots of "what if" once you buy but what else can we do as no one knows what will happen in the future.

No one knows what will happen to Bitcoin, especially these days. So, it is really much better that you need to analyze it by your self, just try and decide by yourself. Because it's really difficult to rely on other people and something will go wrong.
Or another thing is you can try to split your available balance in different prices, it's like a Dollar Cost Averaging (DCA) for buying Bitcoin.

Nobody can be sure about future. We can believe or disbelieve in future of Bitcoin existence but we must be sure about our life. To be safe against any serious events on the world in future, we must not use all money to invest in Bitcoin or other assets. Diversify our money to different assets to be safe against uncertainty and risk.

DCA with https://dcabtc.com/

It is good to try with calculation like what happen today if we did DCA last 1 year, last 6 months.
6 months ago: 15% profit. https://dcabtc.com?sd=2022-09-23&sda=6_months&f=weekly&d=3_years&ac=10000&c=false
1 year ago: 0.9% profit. https://dcabtc.com?sd=2022-03-23&sda=1_year&f=weekly&d=3_years&ac=10000&c=false

Even if it does fall below 20k, it will give you profit sooner or later. Purchase, put it into non-custodial wallet and forget about it or as previously suggested do dca.

Best to just fuck it and do it right now. 5k is a lot of money though, I would suggest keeping a portion for now just in case things go downhill at the end unless those funds were intended purely for invest and you're entirely okay with it being a loss at the end.

Expect the price to be like as it is or at least a bit higher in the fewer days and from that you might have already earned a few percentage for your returns so that's quite nice. That's just my few cents though. The decision is still up to you in the end.

Best suggestion is do dca on bitcoin, it might be up today but it could go down anytime tomorrow or next week or next month. Who knows might be the current stable price for such meantime but this is a highly volatile market that we should expect anything could happened instantly.  Without much experience or knowledge on trading, you should give an extra cautious when it comes to investing especially if that 5k is a hard earned money.

The time you think it's the current ATH or the dip it will already be too late to enter. If I were you, try to make investment right at the moment but don't go all in, a little by little investment until it reach a point that you're satisfied.

I think wait for a few more dip, this isn't a financial advice and don't take it as one but my speculation is we may touch $25k or $22k again. Moreover, don't be too hopeful for that, it may or may not touch that level and you still wouldn't get an entry.

No offense but I see traders in short term that are winning their trades. But I have to agree to you that the majority of long term strategy is much better and easier to do.

The risk is there for both options but it's riskier if you do choose the short term path because no matter what the situation of the market, you need to act on it because you're following a pattern to make some profit.

And as you diversify, DYOR.

Even if you ask the experts in the market, they can't give a perfect answer according to your wishes, bitcoin is unpredictable. If you want to hold for the long term, you don't need to be good at technical analysis, do a simple comparison, and compare the current price with the price you want to sell or with the old ATH of bitcoin. You can see that bitcoin is a lot cheaper than the old ATH, so it makes sense to invest at this price. If you fear bitcoin will drop again, don't buy one time but split $5k into 3 parts and buy bitcoin every time bitcoin drops more. We call it dca, learn about DCA then make an investment decision.

Nice tool, but doesn't seem to give accurate results.
I'm trying to calculate my DCA from last 1 year and it returns 25% less difference. More precisely presents a 6% increase, while the correct one has a 32% increase.

I tried other tools and so far, this tool is the most accurate of all I tried https://www.dca-cc.com/dca/bitcoin

The price of Bitcoin is always unpredictable, but making technical analysis for it increases your chances of guessing it. For me, it is not that bad to invest your funds on it in its current price, because you're still gonna make profits once it reaches its last All Time High. If you want, you could do 50:50 purchase, buy now using your $2,500 USD then use the remaining half once it dips in a price you wanted.

It's much better rather than waiting 'till it dips below $20,000 again while you're watching its price skyrocketing.

Why will you have to wait to touch current ATH before investing? If you have to wait for that time then it may not be important to invest again because the margin of your profit may have been reduced.


The dip you see today you might not see it again or you might not see it often especially when the market has entered a bull mode then the dips won't come as expected. Sometimes it is better to take a proactive step. This year seem to have defied the bitcoin analysis and so nobody is surely speaking in determining what step next for the price.

Simple question - did you have that $5000 a few months ago when the price was under $20k? Even if the answer is NO, you had an opportunity about ten days ago when a dip happened and you could have made a good purchase then. The problem with people who think like you is that they always think they can buy cheaper, and while they wait for that to happen, they miss every good opportunity.

Maybe you should consider trying the DCA method if you can't decide when is the right time to make a big investment.

Since you mentioned you're investing on it for long term which I hope will be atleast 4 years then just invest on it straight away, there might be a dip like it can down to 25K at the same time it can reach 30K in no time so just invest at the current price then wait for the next bull season by that time the value will be atleast 5 times than now in terms of fiat.

Mate, no one here controls the Bitcoins. No one here is the Nostradamus who will exactly predict the price and tell you when to buy or when to not. To be honest 28k usd is not a bad price to buy the coins. Many people have bought the coins when it was around 48k usd, so comparing that you are very lucky that you are able to buy the coins in such a cheap price. Moreover Bitcoins are limited in number, hence they are very much valuable, so they will definitely skyrocket in price. Buy as many coins as you can now, and hold for long term. Definitely you will see great profits in the longer run.

future prediction is very difficult and we cannot say that the future price will be in dip or up. But if you are willing of holding bitcoin for lengthy periods of time so surely buy bitcoin and wait for appropriate time to come then sell it with the percentage which give you more profit. yes now bitcoin is 28k $ but we are not assured about its up and down in coming days because there occurs regular changes in price in a matter of seconds. Don't wait more because may be the price get elevated more than this so you will think that buying at 28k was better than this therefore I will suggest you to buy at 28k and then let it save for some years.

You can enter the crypto market anytime you want if you are willing to wait for a long time. That's the beauty of crypto world. If you are waiting for Bitcoin to dump again, then you are affected by greed. And this is a major problem amongst traders/investors. Just to gain that small profit, are you loosing in the long run? Ask yourself this and you can find the answer there. If you are planning to HODL for long term investment, then where's the problem in joining now? Price will fluctuate for sure, but for a little amount of time. Don't let your emotions get in between your decision. When you zoom out the price chart and look at it based on monthly candle, the price jump seems nothing special.
This is what i want to say to you, but in the end, it's your asset, and you should do whatever feels ok to you.

At the end of the day this is your decision and no one can take it for you, it is true the price increase we have been experimenting during the last week was not expected but right now there is no reason to believe the price will go down, so if you have the money, a plan and the desire to buy bitcoin then I do not see the need to wait at all, now it is true you could obtain more bitcoin if you wait for a dip, but what would you do if the dip does not come? You will have to buy for an even higher price than the one we have right now.

If he have that amount when BTC is under $20k, there is a chance that he already have invested and he won't be here asking this question. 10 days ago is march 13 and the lowest price that time was $21k. That was still a good buy indeed but again what if he don't have a cash that time? Only $6k to $7k is the price that he missed there and I think that wasn't totally huge compared to what we will be having later on.

Indeed that he better not wait for the dip but he should start investing now, now that the price is still on this position. He shouldn't waste time because he can only regret it and he will came up with a doubt or a confusion again.

buying now is recommended instead of waiting for bitcoin to return to 20K and buying it, but buying for the current price is advised not to use full capital, you can divide it into several stages of buying, if the price drops again then you can buy it again. because no one will know when the price will go up or down, they can only predict and analyze according to their abilities

It is possible that he did not have that money before, but it somehow seems to me, considering his post, that this was not the case after all. Maybe he was just waiting for another crash to happen, because after the price fell below $20k, speculations started again about whether the price will reach close to $15k or even lower again.

As I already wrote, some people are so indecisive and constantly change their minds that good opportunities simply slip in front of their noses every time. That's why I wrote that for such people it is best to practice DCA because you don't have to think too much, every week or month you invest as much as you can afford.

Hard to say now since bitcoin starting to pump already, but if they could take the risk since they are for long term hold then maybe we can see a good result for it in next couple of months or even next year since bitcoin halving is approaching. This event is the most awaited by many investor since many speculate for another huge pump, if you want to invest now maybe try to see first the movement of the market and decide if this is good or you can still able to wait for further more possible good entry.

Your plan is good enough to choose bitcoin as a long term investment and I also do the same with bitcoin not with altcoins, therefore you must be mentally prepared to start and put all the money you have in bitcoin, even though we don't know when ATH will happen but bitcoin has a fairly good cycle every halving occurs, so there is still hope for you to start from now.

We never know when bitcoin will go down regardless you yourself want to buy Dips but I suggest doing it in the DCA strategy this will be better than you buying Dips who don't know when this will happen, actually it's not a problem even if you buy with a lump sum at the current price because still for me the price now is still very low.
However, if you believe that bitcoin will experience another correction, then please wait, but never regret when you see the price of bitcoin rising again.

Investing in crypto for the long term would be a good decision as the value of the coins may increase further in the future. It is difficult to determine the exact price as the market is not stable but it is expected not to go below 20k. Even if the price goes down a bit, it will go up again it is easy to earn good profit in long term investment.

We have different take on where bitcoin will go now. If you are weak on analysis just take someone opinion that is more logical to you and bet on it if you really want to invest and maximize your potential profit. In the end, You can possibly make a profit long term as most of us is bullish on bitcoin for long term. It will just take a while before it materialize but yeah profit is very possible for long term, No need to argue with it as most of the people are on the same line. Just don't panic and just hodl the plan that you follow didn't go as you expect. Buy BTC and cameback to it when it's bull run already, it's more effective that way if you don't have the balls of steel to see your bitcoin investment not going on the direction you want.

Unfortunately no one will be able to predict the price exactly whether it will fall in a few days or vice versa but what is certain is that in recent times the price of BTC has experienced rapid movements. You are targeting the long term then actually it is not a problem to buy at $28,000 or below as BTC price is not going to fall very deep in my opinion. When the decision has been taken to buy, then whatever price movements you don't need to regret because you have to focus on your long-term targets, and patiently waiting for the BTC price to reach what you have targeted.

We never know for sure whether bitcoin will turn red or go higher in the next few days. You said you're ready to hold on for a long time, so I think it's time to buy bitcoin. But if you feel you can buy bitcoin at a lower price than now, then you can allocate half of the money you have to buy bitcoin now. And if that amount is too big, then you can trim it again.
We can only give advice here with what we see at the moment, and the decision is yours. You just need to be strong in holding bitcoins for the long term.

I don't think perfect time investing in Bitcoin around price still $28K, better save your $5K fund and waiting when bitcoin dropping few percent to make effective invest in bitcoin have lower price. Current Bitcoin price right now is $27,800 and potential drop few hundred dollar again, better waiting right time when Bitcoin have really drop under $27K for investing.

Despite long or short term investment never hurry exactly bitcoin still on higher price, I believe bitcoin will correction to lower price next few days later after stable on higher price. Maybe you can try with buy order on $27K than buy on higher price $28K with potential Bitcoin get dump few hundred dollar.

The longer you wait for the price of bitcoin to dip, the harder it will be for you to decide whether to invest because you are anticipating a drop below the $20k mark. The price of bitcoin is currently fluctuating between $27k and $28k. Investing in bitcoin now is not a bad idea because you are doing so with the intention of waiting for it to rise above or reach its previous all-time high of $68k. It is hoped that it would become visible (ATH) around 2024 or 2025.

The market is full of uncertainty and the bearish market is still much alive but the recent institutional banking issue is making new and old investors accumulate more Bitcoin since it gives them the chance to be their own bank.
Having said that, since your plan to make the investment for the long term any price you buy is still a fair price but it would be nice if you can keep the investment for more years.

Bitcoin can go below $20K again and may not go below, everything depend on the enthusiasm people have after the banking bankruptcy.

Actually, this current rate is not the dip, because we had it under 16k.
But, if you are willing to buy crypto assets for the long term, exactly Bitcoin is the best choice at first. This is much safer than most altcoins, although the price of Bitcoins is also volatile and this is also risky, the risk is less.
Btw, actually, if the price is still under 30k, I think that the chance to get higher profit is still available to do. However, we have a good expectation to be more than $70k in the next ATH, or 100k if possible.

The old time strategy is to buy some at this price and ladder the price down to pick from lower prices. In this trade market, non-custodial wallets cannot be absolute, because this strategy cannot be implemented on a decentralized exchange. One can move every purchase into noncustodial to save that part of investment.

^ BTC like any other investment, comes with risks, and there is no guarantee of future returns within an unspecific timeframe. The price of Bitcoin is highly volatile and can fluctuate significantly within a short period of time or more worst if you will wait a much longer time before it will recover price. If you are investing for the long term, you may not need to wait for a dip to invest. Dollar-cost averaging is a strategy that involves investing a fixed amount of money at regular intervals, regardless of the current price. This strategy can help smooth out the effects of volatility and can potentially result in lower overall investment costs.

The bear season is not over yet and there's more time for Bitcoin to go for second dip. Bitcoin do takes a long time before it will finally reach ATH again, afterwards there's still possibilities for Bitcoin to retest back to $20k spot but I would urge trader to find good solid entry on bitcoin and they should not hesitate to take the trade when their entry is triggered and taking profits when TP is smashed. Basically the space is risky and only the ones that have good setup requires more time to be a trade longer than expected because good entries do last long in the space.

this is what we should be anticipating, which is still waiting for bitcoin to go to a price of $ 20k, while currently it is still at a price of $ 28k. I think it's back to self-confidence to determine it. I personally prefer to buy some at this point, and if it really goes down to #20k, then I can buy it back, because no one knows after this bitcoin will continue to go up or experience a correction first, that way we will get everything possible bitcoin movement

It is true that there is always uncertainty in the market, there are no 100% guarantee that you can make a profit but we should play with our edge and the possibility of earning money will become high. Trading is a probability game, if you saw someone said that he has 100% win rate in trading; do not ever listen and follow that someone because he is a liar and losses are inevitable. Uncertainty is what makes trading and investing difficult but there are some ways in order for us to have an edge that we can use. I always advice to other people that if they want to make money by investing, they should ride a trend. What do I mean by that? there are 3 types of market in cryptocurrency and these are bullish, bearish and sideways.

I always tell them that in the beginning of the bullish market is the best time to make investment because this is where the price continuing to appreciate. Right now we are approaching bullish market so for me it is a perfect time to invest your 5k usd. But do not immediately put it, you should have predefine risks which consisting of cut loss wherein you know how much money you could lose if your bias did not happen. Remember the word uncertainty, there is no 100% guarantee that you can make a profit. By having a right mindset and attitude, there is a high chance that you can make money by investing in your knowledge and putting your 5k in an asset that have high chance of price appreciation.

Waiting might be a risky adventure, What if price continues to pump? Buying depends on what you define as long term? If your long term means holding no matter what happens then it is not bad to buy at this price, But if your definition of long term is just for few months i think waiting to see if price could sell a little more before buying will be a better option.

Alternatively to be on the safer side apply DCA, divide the capital into fractions you could risk 45% now then wait to see if price could fall further, if it does then you can risk buying at the new price. I used the term risk because the market is unpredictable it can move in either direction after wards.

Why do you have to wait for the ATH to be tick before you buy bitcoin, do you know trading at all? The best time depends on where you find good support and you are convince to buy but I believe you should buy it now, or wait when we dip below $25,000 because that is the place I think we have sound support. Buy and hold until next halving and sell coin in peace on or before the halving, you can make 2x from the current price of bitcoin, but if you have the courage and want to hold for more years to come, hold it tight and stay away from media, they know how to make people sell their bicoin, you have to be a diamon hand.

There isn't much dumping in the position Bitcoin is currently in. If you invest from current market then wait till ATH then you can definitely earn huge profit. Because at the moment the market will not decrease much but will move towards growth. And if you think Bitcoin will return to $20,000 again, it's not likely to happen this year. And I think right now is a good time to invest in Bitcoin. So if you invest and hold from current market and wait till ATH then you will get huge profit in future.

If your goal is to gain a good profit from a long-term holding then it is still a good time to buy Bitcoin. The price is still low and because it's volatile, you'll still never have an idea when the dip is so better to grab the chance while the price is still n a good state to buy. Long-term investment will be a wise move especially when thr bullish season approaches. Better grab the opportunity than miss it because of waiting.

Continues accumulation of Bitcoin can help young investors who can't decide whether they will buy now or wait. The market is too unpredictable to think that it will drop at certain date so we can buy, it is better to buy when we have budget and does know how to wait and to monitor the market. If we're in long term investment tries to accumulate as much as we can at this time since we will never know when will the price pumps again same with on how low we can buy it.

Yes it would be great, but mainly you should do a DCA, because original price obviously no one can know so it's better you buy half Today then later on you can buy remaining amount later on if things are in your favour, because you won't lose full in case things go south. So when in delusion best option is DCA.

I will advise you to choose bitcoin because the stage it's now is going to continue going up apart from that I have good belive bitcoin will not come down below 20k now and even though it goes below that it still has hope more than the alt Coin you are talking about.

I don't think Op has any intentions of investing in an altcoin, and since he also admitted the he lacks the knowledge to analyse what direction the market of a coin will move it will be very risky for Op to go for any other coins and most especially now that he's looking to hold for a long period of time.
It's possible for Bitcoin to go below 20k and trust me so many people are praying for it to happen so that they can accumulate more Bitcoin while others just want the price to keep increasing till it gets to its all time high again.

If you are not sure about the prices and how much you want to invest, please do the dollar cost average. If not do not invest in bitcoins. As I know there will be a possibility to reach 100K in the next three months.  Please manage your risk and do the trading.

We need to be incredibly realistic when it comes to our expectations out of the market, and 100k during the next three months is not realistic, bitcoin has not reached that amount yet and somehow that amount will be reached in such a short amount of time before the halving? It is not happening, however if you are willing to wait and you are ready to hold your coins for a few years then that amount could be reached during the next bull run.

He is a newbie, you should not make any claims without proof. What evidence do you have to prove that bitcoin will hit $100k in the next 3 months? Investing in bitcoin is very risky, and no one knows what will happen, so invest only when OP is willing to take the risk. Otherwise, it is best not to invest in bitcoin. I advise OP to have knowledge before investing, not only with bitcoin but with all other forms of investment, knowledge is the only key.

actually someone's analysis is not really important here because many will say bitcoin will still drop below 20k and vice versa.
So back to your own belief, if you feel confident you can buy it now, and also because it's long term you shouldn't care.

To be honest, it is pretty difficult to predict Bitcoin’s price in the near future. And due to you are looking for a long term investment, so it would not be an issue if you buy now. Plus, if I was in your place, I would invest 50% of budget right now , and the other part in the next days or weeks depending on the market’s condition. Probably , BTC will increase significantly as soon as possible or probably will downgrade under $20K.

 In fact, the market is being unpredictable. It would be better if you keep your eyes on it and wait or chase for the best opportunity. Also,It is not needed to be hasty. The chance will always come to you, be prepared. And never regret mistakes always happen to everyone even expert traders. Long term investment strategy always useful and effective especially when it comes to Bitcoin and Ethereum. Hopefully you will earn *2 ,*3 before the end of this year.

We don't know that what will happen next because market is not straightforward and is changing in worth. As you want to make investment in crypto and want to select bitcoin, your choice is good. I think that its good time to make investment because you are want to make long term investment so your money will not reduce but instead it will give  you profitable outcomes. It is estimated that in coming year the price will go more higher as it will be an year of halving so buy bitcoin and keep holding it.

they wait because they are not sure and do not have good planning with the investment they want to make. The idea of buying low and selling high is true, but sometimes those who are inexperienced in the Bitcoin market situation will just wait for a bottom price which will most likely be very difficult for them to get to. when the market continues to fall they will not immediately show action to buy, there are only doubts about the potential for prices to fall further.

I'm sure if Bitcoin goes below $20k now, you'll still wait for it to go below $16k and that's procrastination mate just incase you might have forgotten and you should also know that procrastination is a destiny killer and fustrator.
We're still in the bear market now and it's not too late to buy the dip and hodl.

One funny thing about newbies in crypto is the fact that they're all so focused on making money than on the possibility of losing money and that's why when they start making losses especially in a row, they begin chase their losses and end up blowing their accounts.

and usually people who are like that without taking action because of their doubts, when the price goes up and some times it doesn't go down, they are afraid that they will miss the train, so they buy at a higher price. and that way is not a good way to get a low price. no one knows when the lowest price will form, and we can only predict at every support there is, therefore place a PO in that area to buy, don't be greedy to buy at the lowest price, even though no one knows when and where price is formed

That is why in reality, in trading, those newbies tend to buy at a high price, and every time they buy at a high price, the price will start to go down, which is why they are now panicking to sell it off to buy it again because they see that the price is going down, but after selling it off, the price starts again to rise. This kind of thing is that the trader has no knowledge at all, meaning they don't know when to buy or sell it, which is why they kept losing.

Exactly mate and there is no need wanting to buy at the lowest point nor price and I also agree with you that people who refuse to buy because of doubt will likely want to buy when the price starts to skyrocket and they finally end up buy high and then they starts looking for who to  blame.
Owning a digital asset like Bitcoin is already a very risky business and that is why people who are doing it well are mentally and emotionally strong and ready for all that comes with it, so if you want to own Bitcoin, you buy at a price and hodl with hopes of the price moving higher.
Fear has been one of the greatest killer of destiny and people should always know how to conquer their fears at some points and do the needful by buying now we're still in the bear market to avoid rushing to buy when we leave the bear market and then panic selling at a slightest fall in price.

Yes, you can invest in Bitcoin now because the price is still low for you to purchase Bitcoin and hold for the price to hit higher before you can sell to make a good profits. I don't think, the price of Bitcoin will decrease to $20,000 in this year 2023 because the price has increased to $28,532, which is a sign that bullish season is about to take over the market for long term traders to start releasing their Bitcoin they bought last year when the price was $17,000 and $18,000.  I will advise you to use the money to purchase Bitcoin and hold till next year 2024 before you can sell because the price of Bitcoin will definitely reach $80,000 next year.

We don't know when the price of BTC rise or fall all we know is it is a high volatility coin and nothing can give us a perfect prediction, so my strategy is that i only invest it but an amount that i can handle, never put all your money in it even if there is a friend or a relatives thay says it is a profitable investment, because we have different measure of patience and we have different way of controlling our emotion that is why many people earn but many people also loss in it.

Investing in Bitcoin can be a great long-term investment. Bitcoin can be a great and profitable investment in the future if some one has good capital.When bitcoin reached 16 thousand k it was the best time to buy bitcoin but many people missed this opportunity. Now that Bitcoin has reached $28,000, buying Bitcoin here can also prove to be a great investment for the future.  Because everyone knows how far the price of bitcoin can go. But some experts say that Bitcoin may touch the $20,000 mark once again after crossing the 29,000 mark.It would be better if you buy half of your capital bitcoin now And keep the remaining capital with you so that if BTC goes down to $20000 you can buy it from there.Because if we look at the history, Bitcoin can go back to $20k according to this calculation.

I think not knowing "when" is one thing, but knowing "if" is the important part. I personally "know" that it will go up, don't know when it will go up but I know it will, which is the only thing that I care about and that's why I buy bitcoin as much as I possibly can. That's an important part of bitcoin accumulation that everyone should be aware of.

Obviously just because we are not buying it right now doesn't mean we are too late, if you are not buying right now, then you can buy tomorrow and still profit eventually. So, always be on the look out to buy more and invest more, because no matter when it goes up, it will eventually happen and give you more profit.

Try to pay attention to the movement of the Bitcoin market price chart in a matter of 7d, 14d, 30d, 90d or more.
Then you also need to pay attention to the movement of the Bitcoin marketplace chart. Study and compare it with historical data on Bitcoin prices to other updated news (not FUD) so you can find answers when it's the right time to buy Bitcoin as a long-term investment with 5K capital.

If we said it was a good time because the price started dropping from $28K and still has a chance of hitting $30K this month, we could be off the mark and wrong.

This is a nice way to put it, traders spend their time trying to figure out when the next big movement is coming in order to maximize their profits, but this is not the question investors should ask themselves, what they need to ask is if it is possible at all that an asset reaches a specific price, and if they believe this is the case then the only thing they need to do is to buy that asset, hold it and enjoy their profits once that asset finally reaches their target price.

we can only predict from our analysis, no one can say for sure how the market structure is going to turn out even in the next minute, it's best to work with your predictions and your mindset op so you can take full responsibility of whatever the outcome may be.

I think it is not even a specific price but more like if it will go towards the direction I want it to go. I am a long term investor with just a side of trading a bit, and I can tell you that the mindset is very different. When trading I have a price to buy if it goes down there, and a price to sell when it goes up there, and I react depending on how it moves.

However, when I am holding, as long as it is going up eventually, which I think bitcoin and ethereum does, then I have nothing else to worry about, it can reach any price it wants, the price is not what I wonder, it is about the direction which is up. That type of difference is very different parts of the brain, and you need to realize how you can separate the two from each other.

If you buy at the time you're asking this question then probably you already made a profit during this time because the price of Bitcoin already touch the $30k price for the first time this year.

Anyway you want to hold for long period until the price reach its ATH, I can say it's never too late to buy at this point. However, we know the best time to buy is during dip but since you missed that chance, the current price is not that bad if your goal is for long term hodling.

For the long term I think buying now is not a bad time but it must be considered carefully first,
Bitcoin for the long term never seems to disappoint,
what is clear is to do an analysis before making a decision and that is very important.

Now he can still invest in bitcoin by buying it at the current price because the potential for bitcoin to go higher is huge. While we all have no idea when that moment will occur, the current price is still good to buy bitcoins and hold onto them for a while. Holding bitcoins for the long term can be very profitable especially since we've seen what happens to bitcoins over time.

But maybe you need to wait a while for the correction to come back into the market before you can start buying bitcoins. Right now, the price of bitcoin is increasing again and if you buy bitcoin now, you might panic a bit because usually, after an increase in the price of bitcoin you will get a correction. It's better to be patient, wait for the correction to come, and then buy bitcoin.

Of course it can but the real question is when not if. That none of us can predict and this we must have some fiat at hand ready to catch the falling coins when they start dropping. This along with selling at the high equals to a continuous cycling of money and hence we will be profitable in our approach.

You don't need to do much analysis for long term. You have to pick the correct price of low at the proper time and hold that for the correct time to sell it.

Anything is possible in the market, we could dump further down than the current all time low Bitcoin reached few months back or  we could keep going up because the market just yesterday touched a new all time high of $30k. It doesn't really make how the market goes but don't think anybody here can predict accurately the outcome, everybody's guess is just as good as yours.

What you should do is just invest now and keep holdings until the next bull market comes. The market might dump or pump before the next Bitcoin halving comes but that doesn't matter because by the end of next bull cycle, you should be in profit for investing in Bitcoin today.

Yes you are right because in short term we work with pressure and during harsh condition we make wrong decision so for this reason it will be better to keep your bitcoin for more than two years. 28k$ is the best price to hold Bitcoin and bitcoin remains in 28k$ for longer time since the month of march.

A person can get enhance worth due to investment in bitcoin this price as everyone knows the fact that in the year after this will be a halving so it's important to do not wait more and get the benefit from present price. May be in coming year or coming days the price become so high that one cannot afford it.

currently the price of Bitcoin has touched more than $ 30k and if you want to buy it,
my advice is just wait for a correction or maybe you can buy it gradually if you don't want to lose large amounts if this is a bulltrap,
don't be greedy if you have made a profit, sell and buy again keyika indeed bitcoin price correction again.

You know, having the plan of a long term investment especially the idea of waiting for the next ATH or at least a price range around the current ATH would still give you a decent profit even if you buy at the current price. $5k is a good sum and the current ATH guarantees you at least 2x of your capital ($10k).

Where you might have issues is when you don't get to follow through with your plans, it's theist you should do to ensure profit at least Bitcoin has got some securities on it and you have a better chance at getting some good returns than you would have in other projects.

Either able to speculate either the coin would dip more, its something not to say for sure. The movements have been good and price at the time is around $30k.

However this exemplifies the dangers of waiting, the OP had the opportunity to buy bitcoin for a price below 30k and now if they want to buy bitcoin they will have no other option but to pay more for it, now it is true that if they wait there may be a correction and they will be able to once again buy bitcoin below that price, however now they are depending on a fortuitous event for this to happen, so let this be a lesson for all of us, if we want to buy bitcoin then we need to do it and stop wasting any time as bitcoin could go up in value at any moment.

For cryptocurrency investment they don't wait for the perfect time to occur before you can invest in bitcoin or any other cryptocurrencies, theirs no time you invest in cryptocurrency that is time wasted because it doesn't have a particular point that's a limit time for bitcoin or any other cryptocurrencies also doesn't have maximum time for it to get accelerated or get a degradation, I will tell you that during cryptocurrency investment you don't need to follow anyone directions for the investment, because of the danger of the market, you have to make your decision and follow instinct, and secondly you can invest now and bitcoin rise you make profit and their is also every tendency that after your investment or purchasing of bitcoin  it might fall, so your decision supercedes anyone during your personal investment.

That's actually a good point for you to not be left out on trend. But as a newbie like the OP, it's a good thinking to start by waiting for the DIP of the market for them to own a lot of coins. Maybe it would be good for the OP to wait for the DIP it just the safest way especially that's a huge amount of investment its a big loss. Still if you afford to lose the money risk could lead to two things, win and lose. And you couldn't get either of the two if you don't risk. It would be difficult to ask for someone calls especially its your money if you lose it you can't blame them. Trust your gut and the risk. In the volatile situation of the crypto there's no guarantee you'll succeed.

OP is planning long for his investment. even he plans for a new ATH or ATH to achieve in the future.
when you get the chance to buy, why not now? because he clearly knows how much ATH Bitcoin was in the previous bull season. and now there has been quite a decline. whether waiting is the right choice or not, but for me, when I have the opportunity to buy. never hesitate. it might be different if the plan is short term or trading.

You can buy it whenever you want as long as you have some spare cash. Even if I have a spare, I'll buy it with bitcoin because I don't want to miss the train like in the past because we were waiting for the dip but it turned out it was already the dip and just left us because we hadn't bought. Also, buying right now is a good preparation for next year's halving, so I am hoping for a positive year next year. I just need to work harder so that I can accumulate enough bitcoin.

Since you are weak in market analysis, I think you need to overcome your weakness in mind first. and later you need to consult various investors about the market. And if you want to invest then surely the current position of the market will not be in this position in the future. So invest your Bitcoin as soon as possible and hold it for long. and of course you invest and hold it till (ATH) and later you sell it.  Then you can gain reputation as a good investor and successful trader in future.

If you are having confusion, just try to learn how to do technical analysis or a better look at the previous movements of Bitcoin so you would have an idea. If you want assurance, I would suggest that you stick to a long-term investment where you have to accumulate Bitcoin while the price is low and sell it when the bull run approaches. It will take time but it will be the safest thing to do and you don't have to make complex moves.

Invest while you still have the chance because the more you wait for bitcoin's price to go deep, the more it will rise. I wouldn't suggest you to wait longer before you invest your $5k into bitcoin. Waiting longer might result in, not investing in bitcoin in the end because you expect a deep price when one is not arriving.

You already have a lengthy investment strategy in bitcoin, and your current investment of $5,000 is a sizable sum. It will definitely yield adequate earnings even before it reaches its ATH. If you decide to invest at the present rate ($30,000).

If you do not know how to read TAs which is not even accurate most of the time, it would be easier to start doing a DCA. The most common in DCA is to regularly accumulate weekly or monthly. Some are making their DCA by only buying during dips, but this might be difficult though as we do not know if it happens or how deep the dip will be. Nonetheless, DCA saves you time and effort. Not really free but most likely you won't feel that much stress. 

According to the 4-year cycle which is not guaranteed, of course, next year is the start of the bull run. So you better start doing DCA before the price increase further.

Actually, it is still small but quite late because the price has been increasing since the last bottom. But never mind, Bitcoin investment can be done every time whatever the market condition. Moreover, if you are going to make it a long-term investment, this will not be a matter for you to put the money here first. , This will not be a big matter because Bitcoin investment will be worthwhile if we are very patient to wait. Yeah, patience is one of the keys, as long as you are patiently waiting for the Bitcoin bullrun, for a longer time at the right time, this has been enough to make it big in the future.

I had to do a little playback in my head. You know, in 2019 that $5k of yours would've bought you slightly more than one Bitcoin because price dipped to $3,200 even. That would've been around 1½ in quantity. Given today's worth, that would've been around $45k. All that happening within just four years and it would've done X9 of your initial investment. It's because of events like this that make a lot of investors conclude that hodling is the best approach to amassing wealth in cryptocurrency.

Touchdown some good analysis on bitcoin and I'm ready to face whatever the market has for us. Bitcoin is recovering from the previous dip and we know that there's a bull signal coming but we don't know the specific time. Bitcoin have already hit it's ATL during the bear season and aiming for another high range, bitcoin surpassed $30k and there's hope that  it will runup to $100k as predicted by Pro traders in the market. Long term project mostly end up in enormous profits and Bitcoin is a prominent project, it have done good moves in the past and this year, it won't be an exception.

If you still have not bought by now , then I guess you must be regretting any where ever you are.
Bitcoin is currently a little above $30,000, and I believe its not late to buy even at this price, as long you are not buying and holding for the short term.

And whether bitcoin will go down again below $20,000, I am not going to say it's impossible, but to be honest, the chances of this happening at this time is very slim.

It is good to get Bitcoin at cheap rate because it will really help in term of profit making but  the trust is that if you are  not good in term of Bitcoin technical analysis it will be hard to know the right time to enter Bitcoin market.and from what we are experiencing from Bitcoin market now, I can't advise anyone to wait till the price of Bitcoin drop again because I don't think the Bitcoin price may drop much in price again

Recently the price is moving upward and will that I will say you can buy now because the price may not drop like the way you may expect.as for me Bitcoin is good to buy at anytime but when you buy at high price you should be able to hold for long time in order to meet you profit target.

The price of bitcoin was expected to rise to 40k dollars before the month of July.So if you had your savings in the bitcoin.It’s right time to hold your savings in the bitcoin,bitcoin is all the time long term investing tool.Since we are in the month of April,the price of bitcoin had already crossed the 30k dollars.The price of bitcoin will have some remarkable changes before the month of June.The current month had started with the pump,the month end target price of bitcoin will be 33k dollars.The bitcoin will expect to reach new ATH in 2024,because the next bitcoin half had fallen on 2024.If you had capacity to hold till next year,kindly hold it.

While the price of bitcoin can go up and down like any other asset, it is clear when we look at the historical charts that on average bitcoin only does one thing, and that is to go up in price, this means that the more people wait the more money they will have to pay for their bitcoin on average, only those which have a profound knowledge about technical analysis have the skill to time the market accurately and buy when the price is low, everyone should instead just employ DCA and buy bitcoin whenever they have some spare money and save themselves the trouble of trying to predict the direction the market is to take.

Bitcoin having to dip again and dump below $17k or some price below $20k is something I don't see happening, given the momentum the bulls have gathered, it might as well push further up to ensure a resistance is established at the $30 price range.

Having to invest at this time means your at an advantage and it would better prepare you for the bullrun when it comes either before the halving comes and then it continues for some months before we have an almost stable market that would continue in a year or 2 from experience.

Totally agreed with your point, because considering the momentum and type of the crypto, zoom that this is also a good time to invest in BTC no doubt if we bought it around like 30k dollars then maybe it can go below 28 k or maybe 25k dollars but let just say if we are really want to do our investment for 4 years of halving cycle of BTC then it's mean it's the for long run,

We Have to wait patiently and restrict our emotions on fud and news cycle because when we do short term trading we fall prey to many new cycles many market behaviour and sentiments that controls us but if we do the same in the long term investment that will be more detrimental.

There are so many investors that is being victim by thier own decision and they have a very big regret in the  next couple of months because of waiting for the dip. Most of us wanted to buy the dip but when the dip came we don't buy because we are afraid that dip may continue, I'll tell you honestly that i was one of this small investors who loss because of not buying and always waiting for a dip, so the best time to buy is now don't wait for a big dip, just don't sell at loss after you buy and you wont be loss.

Things like that do happen often and in the end you regret not buying when the price drops,
We need to learn from that experience so we don't repeat it again,
We should be able to learn from other people's experiences without feeling it first.

There is no certainty for what you are saying, even though the price has crossed $30k, that doesn't mean it won't go back to $20k again. Don't rush to assert anything with bitcoin, bitcoin is unpredictable.
But it is true that we should invest now if we don't have bitcoin before, don't wait because there is still a possibility, as you said, and we will miss the buying opportunity if we just wait and do nothing. Use the DCA strategy, and we won't miss any opportunity whether the market goes up or down in the future.

Heard a lot of these stories from my friends, they've missed out on not just bitcoin but also other alts that definitely have the potential to go up, now they're on a spiral of losses because they're indiscriminately investing in tokens in hopes that one of them is a jackpot and so far, none of them have hit anything but losses. The thing I take away from all of that is that if you want to get into it, never have doubts but at the same time, study if there's a potential.

Nobody can forecast how much bitcoin will cost in the near future. I believe you should be the one to decide when to buy in bitcoin because you are expected to know the best moment to invest in bitcoin as a bitcoin investor.Because you intend to invest for a long time, the price of bitcoin should not bother you because even if the price drops while you've put your money in, it won't be your problem because you intend to live there for a long time. If I were to invest now, I would do so since we still believe the price will rise higher than it is presently.

I am lucky in this matter because I entered in market when btc price was 10k but i did not buy with good amount. Altcoins give me good profit. Cake token did 4x for me and other meme coins also gave me huge profit. I didn't invest any penny from my pocket. All money that i invested and used for trading was airdrop fund. in three years i made more than 20k$.

My cousin follow me and start investing when Btc along with other altcoins was in full boom. unfortunately after his investing market crashed and his token fall below 2x. You cannot predict the price of any token because its decentralized system and even token owner didn't know what will happen with his token tomorrow.

I think it is important to remember that you could reach those levels if you could buy at the very bottom. The current bottom was at around 16k, if it reaches to around 100k that would be close to what you are saying, a bit more and you have it for sure. That means if you hit the bottom and then it goes to a good number than you would be able to do it again and I am talking about buying at the bottom of the current market, not even the previous one.

So, it's obvious that if people could buy at the right time, making a lot of money in bitcoin is still possible. It is not going to be like this forever, so people should rush. Because eventually having 500k+ per bitcoin means it will not go up 9x anymore or at least not going to do that very easily, should be pretty difficult.

People who keep worrying about when they should buy never made any sense to me at all. You should buy anytime you have the money to buy and that should be good enough, I know that it is not a great answer that some people are looking for, they want to buy at the "perfect" time and that makes sense if you know how to do that, if you are a great veteran trader and know when it will go down and when it will go up then you should be doing that but to be fair to everyone else we should also realize that it is not going to be that easy at all.

We are going to end up with something much better and bigger in the long run. Just realize that you may not be that type of person and just buy it whenever you can without worrying about the price.

If OP invested the amount during the time of his post, he would have been in profit of around 10% of his capital. If he is still holding his capital because he is waiting for bitcoin to drop lower then he might need to wait for some weeks or who knows it won't happen again. That is why if I am to be asked what is best for newbies, they should do a DCA (monthly or weekly if the investor has the funds to do it). Diversification of assets is also necessary IMO including crypto. He can invest 50% of his capital in bitcoin, 25% in ethereum and he can do research for potential altcoins and invest 5% in each of them.

It would be ideal if you knew how to DCA because this strategy is well-known and proven to be profitable. However, if you are having difficulty learning that strategy, I recommend that you buy part of your funds at 28k, and if the price falls below 28k, you buy more with some of your money. It's an excellent moment to buy when the price falls below your previous purchase price. Make sure to only buy if the price is starting to rise. Surely, you will profit more if the price makes new ATH.

True, long term investors are not worried about current prices to get into still they should not buy at the all time high, to maximize their profit they should do so at the low or middle. We know one thing that Bitcoin will cross it's all time high sooner or later but when we have to wait for that.

The good thing is that you can just keep buying at every low and sleep ok that for years. Sell at a high and then recycle the money. Of course it is a long term and painful process and it will not make you rich overnight.

The market may be currently at $28K but a day ago the market was around $31K. The price of a BTC has been dumping around $3K in the space of a day. 

Since you have USDT like $5K and you haven't invested in Bitcoin till now, you can wait for a few more days if the price of 1 BTC drops a bit below $28K then you can invest your 5K USDT in Bitcoin. Because between 2023 and 2024, the Bitcoin market is likely to go to a better state.

Since you have $5,000, why are you sitting? If you place one trade every day you would earn a lot of money from here. And if you are weak in trading then definitely keep investing in USD and you will not get any improvement. If you had made bitcoins when the price of bitcoin was $15000 you would have more than halved your profit. Bitcoin may come to $20000 is not sure but Bitcoin is most likely to go higher. If you think the price will drop then you can wait. In my view, since you are investing for the long term, buy bitcoins from the instant market and hold them for the long term.

What is clear is that there is no need to hesitate to invest in Bitcoin because it will be profitable,
the important thing is we have to know when to buy and sell it,
for long term investment i think Bitcoin and some of the top altcoins is a good choice.

The people who hesitate to invest into bitcoin are the people who do not trust the market as well, which already tells me that they are almost always wrong. I know that it is not going to be simple to just put all your money into bitcoin in a single day, there is this worry about it, I understand that much.

However, if you also do not do it and yet keep checking the market then you are going to miss out on a chance to invest as well. Do it as quickly as you can in this market when it is under 30k so you could end up making a profit soon enough, when it goes back above 30k price. If you hesitate, if you doubt, if you are unsure about the price of bitcoin then we are not going to make any profit about it at all.