Bitcoin Forum

Economy => Speculation => Topic started by: Youngkhngdiddy on June 06, 2023, 10:26:51 AM



Title: Time to Hodl or buy the Dip?
Post by: Youngkhngdiddy on June 06, 2023, 10:26:51 AM
 With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?


Title: Re: Time to Hodl or buy the Dip?
Post by: Oshosondy on June 06, 2023, 10:32:32 AM
I have said this before, that I am not buy much until bitcoin gets to $20000. But if it is a month to halving and that has not yet happened, I will buy more.

My advice for now is to continue to DCA.

For people that are holding already, they should not sell, bitcoin all-time-high is coming, which would be after halving. For people that wants to buy the deep, they should be patient, or they can DCA, or they can do that now because the profit is coming. The best period to buy bitcoin is not yet over.


Title: Re: Time to Hodl or buy the Dip?
Post by: Nwada001 on June 06, 2023, 10:37:09 AM
I think it's the best time to do both, especially hodling. Selling now will only make you incur additional losses, which you never expected, but hodling gives you a higher chance of getting both your profit and invested capital back in the next bull run. If you still have some spare money to buy more in this present market condition, then that's a choice for you to make, but there is no guarantee of what will come next in the market; we might still see more dips in the coming days or a price sparkle back to normal. It's just a two-way street; the choice is yours to make, and the amount you have at hand will also decide.

Because the market is experiencing a drop based on the fuzz caused by the SEC and panic sellers, it doesn't give you the right to use your funds, which you budget for your daily expenses, because the money might not be ready and available when you might need it to cover up those expenses. Invest what you want to use, but don't be in a hurry to use.


Title: Re: Time to Hodl or buy the Dip?
Post by: palle11 on June 06, 2023, 11:29:41 AM
If the figures you gave is to be looked at, I will say no matter the dip for yesterday and since two weeks ago should not discourage hodlers. The dominance of bitcoin is still not contested and the halving that is approaching will further increase the dominance hopefully, so DCA at this price is still a good investment idea because soon the appreciation of price will be achieved. I won't dump now but to invest more.


Title: Re: Time to Hodl or buy the Dip?
Post by: tabas on June 06, 2023, 11:55:27 AM
at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
Yes.
The market is like a roller coaster, we're seeing that it's down now then you know what's gonna be next and that's gonna be the upside. We'll be having the halving by next year so as the bull run will be followed by then if we'll based on the market cycle. But it all sums on what are the prices you think are affordable to you. $25k could be a good price when the holder aims to have it sold at $50k or more. And if you are undecided, much better to just follow the DCA approach.


Title: Re: Time to Hodl or buy the Dip?
Post by: Yamane_Keto on June 06, 2023, 12:28:17 PM
  market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago,
So ...

Quote
Bitcoin Market Cap is at a current level of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago.

Source https://ycharts.com/indicators/bitcoin_market_cap#:~:text=Bitcoin%20Market%20Cap%20is%20at,8.70%25%20from%20one%20year%20ago.

Relying on market cap will not give you a good result, because the quantity supplied increases, and therefore the price must decrease to maintain the same market cap. saying that the market cap a year ago and today is the same or increased or decreased is not a measure to predict the price, but rather to clarify the standard of demand against supply and its reflection That's on the price.

We can use moving averages and technical analysis to measure how bad the price is at the current level, which shows that we have not moved much, as we are still in the same level between $25.4k Bitcoin as a bottom and $28.8k as a top, and we may stabilize in this range for a while.

By taking the historical data into the scale, the month of June is not considered a happy month, so I do not expect that we will reach $28.8k during this month.


Source fxstreet (https://www.fxstreet.com/cryptocurrencies/news/bitcoin-likely-to-remain-in-red-through-the-next-quarter-if-history-is-any-indication-202306010451)


Title: Re: Time to Hodl or buy the Dip?
Post by: pooya87 on June 06, 2023, 12:46:43 PM
The global economy is too uncertain right now to make any serious investments in my opinion. And it is not only about bitcoin, it is about everything else too. With the ongoing recession and inflation and with the recent re-start of the money printing machines in United States after they increased the debt ceiling we are in for more of economic uncertainty.

For now stick with DCA and HODL...


Title: Re: Time to Hodl or buy the Dip?
Post by: CODE200 on June 06, 2023, 12:52:18 PM
I think it's best to wait it out, the current Binance fiasco hasn't reached it's peak yet so I suggest that holding on to your cash for a while so you can buy more at a lower price because I am sure that if Binance gets into a much hotter seat, there's a possibility that this dump is just the start.


Title: Re: Time to Hodl or buy the Dip?
Post by: Adbitco on June 06, 2023, 01:04:24 PM
More dip is possible so i won't encourage you to enter the market presently, carefully watch the market from now till weekend and there could be more chances it drop from $25k to around $21k. Actually don't encourage selling at this moment because you already on lose, so selling now might end up wasting your precious bitcoin instead DCA at this point will help you.


Title: Re: Time to Hodl or buy the Dip?
Post by: BitMaxz on June 06, 2023, 02:09:58 PM
DCA only works if you know that the price will rise again soon true traders do not use this strategy they mostly do stop-loss to cut losses and without analysis, you will never know when to buy the dip.

Due to recent news about Binance and Coinbase, there are many investors pulled out their investments from exchanges. So there is still a possibility that the price may decrease more if you don't use stop-loss you may lose more.

Unless you believe the issue on both Binance and Coinbase will solve early then DCA will work and if you can wait for long to hold while buying the dip.


Title: Re: Time to Hodl or buy the Dip?
Post by: Greyhats on June 06, 2023, 02:18:26 PM
For dip buying I got 3 buckets, e.g -5% -10% -20%. I base the % drop from the quarter high, when the high breaks I re-assess it and sometimes the percentages levels of what dip is. If dip goes below the buckets dca comes in and cleans up. I personally found without doing this you get stuck in it will go lower and then don’t buy camp.



Title: Re: Time to Hodl or buy the Dip?
Post by: Wapfika on June 06, 2023, 02:19:47 PM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?

Using a marketcap as reference for the buy or sell indicator is very meme coin.  I only see this kind of reference on meme coin because their supply is almost infinity while the price has a lot of zero so degen use marketcap. :D

Anyway, Every dip that involves FUD news is a strong buy signal. This kind of news about SEC suing crypto company is not new and will not gonna give huge impact in the long run for crypto market. Buying more and holding your old holdings is the best thing to do in time like this that everyone is panicking on news. It’s not a collapse but an attack to start a collapse. Binance has a lot of time to react and defend themselves. This is just temporary.

Buy the dip!


Title: Re: Time to Hodl or buy the Dip?
Post by: ajiz138 on June 06, 2023, 03:02:16 PM
Buy the DIP, and HODL! (https://bitcointalk.org/index.php?topic=5132720.0)

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

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


Title: Re: Time to Hodl or buy the Dip?
Post by: GeorgeJohn on June 06, 2023, 09:52:26 PM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
it depends on your belief in cryptocurrency mostly in Bitcoin but for me I will advice you to utilise each and every opportunity that occurs during bitcoin challenges in the market, so therefore purchasing and holding of bitcoin is very good, but what I want you to understand is that a little opportunities been utililize during the time of bitcoin falling and rising can make someone a billionaire through a bitcoin bullrun occurrence, some times it's advisable to purchase bitcoin and keep for long time against a bullrun


Title: Re: Time to Hodl or buy the Dip?
Post by: Republikcoin.com on June 06, 2023, 11:27:27 PM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
$25K is a decent enough price to buy Bitcoin now, especially since it didn't last so long because now the price has returned to $27K which drop in the past two days is an opportunity for everyone who is still confident to continue to take advantage their buying moment on the Dip. So don't hesitate to buy on the Dip if it's Bitcoin, because in the few months that we've been through this year, Bitcoin has also gotten a little pump more often after a brief dip like it did in the past two days.


Title: Re: Time to Hodl or buy the Dip?
Post by: adaseb on June 07, 2023, 03:32:10 AM
Yesterday was a good time to buy the dip. If you load the daily chart you can see that the $25K area is important because it was resistance but lately it was strong support. It dipped slightly during the binance dump and now recovered was quickly, this is what you want to see.

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


Title: Re: Time to Hodl or buy the Dip?
Post by: Sebas.tian on June 07, 2023, 03:51:25 AM
I think, it's better to continue hodling till the price hit $50,000 before investors will start releasing their Bitcoin to market to make a good profits and to prepare ahead for another bearish market to come. Since the green light is about to be stable in this month of June show that is not advisable for investors to buy at this point when Bitcoin price is still moving between $26,000 and $25,000 which is a sign that there will be improvement before the end of this month, for hodlers to believe that this year will be more better than last year. It will be a great celebration for those that will endure to maintain hodling in this season because bullish market is very close.


Title: Re: Time to Hodl or buy the Dip?
Post by: lunnatic on June 07, 2023, 04:21:04 AM

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


Title: Re: Time to Hodl or buy the Dip?
Post by: Poker Player on June 07, 2023, 04:37:02 AM
... at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?

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

My advice for now is to continue to DCA.

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


Title: Re: Time to Hodl or buy the Dip?
Post by: Oasisman on June 07, 2023, 05:30:25 AM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?

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


Title: Re: Time to Hodl or buy the Dip?
Post by: judaspriest on June 07, 2023, 10:11:59 AM
For Altcoins, it's clear that it's time to buy at DIP, but for Bitcoin in my opinion it's still not,
because some of the conditions for another bullish haven't been met, so there's a possibility that Bitcoin could drop again,
what we have to do if we've bought at $30k or $20k we should hold Just until the market really recovers.


Title: Re: Time to Hodl or buy the Dip?
Post by: jaberwock on June 07, 2023, 12:01:01 PM
More dip is possible so i won't encourage you to enter the market presently, carefully watch the market from now till weekend and there could be more chances it drop from $25k to around $21k. Actually don't encourage selling at this moment because you already on lose, so selling now might end up wasting your precious bitcoin instead DCA at this point will help you.
But the current price of the cryptos are still nice to buy right now and we still can't guarantee if there will be more dips to come. We are sure only with what we currently see. I would grab this bargain rather than to regret later on or maybe I will buy some coins and left some money to buy later on, just in case another decline is going to occur.

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


Title: Re: Time to Hodl or buy the Dip?
Post by: peter0425 on June 07, 2023, 12:29:21 PM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
Buying is indeed best in bear market but never forget about the idea of buying everytime that you have funds .
Because our chance  is always there as long as we are willing to keep holding at least for certain time.


Title: Re: Time to Hodl or buy the Dip?
Post by: traderethereum on June 07, 2023, 01:13:51 PM
This is still a good opportunity to buy bitcoin especially yesterday when the bitcoin price dropped to $25k.
But many people panicked at yesterday's drop and thought the bitcoin price would drop even further.
They didn't see it as an opportunity to buy more bitcoins but instead decided to sell some bitcoin.
And when they saw that the price could increase again to the current level, they were too late to buy at yesterday's low.
And if you can buy it at yesterday's or today's price, you can hold it until the price goes up.


Title: Re: Time to Hodl or buy the Dip?
Post by: barisbilgili on June 07, 2023, 02:25:44 PM
For Altcoins, it's clear that it's time to buy at DIP, but for Bitcoin in my opinion it's still not,
because some of the conditions for another bullish haven't been met, so there's a possibility that Bitcoin could drop again,
what we have to do if we've bought at $30k or $20k we should hold Just until the market really recovers.
we don't know how long the Bitcoin price has fallen in recent weeks the trend has continued although slowly so I think the time is right to buy.
and for some Altcoins it's the same, the price is currently dropping so I think we shouldn't wait for it too deep because we don't know if it will happen or not.
if the price goes down then buy, if we already have it then don't ever panic, as happened in the past, everything will recover, so be patient.


Title: Re: Time to Hodl or buy the Dip?
Post by: StreakW on June 07, 2023, 02:26:23 PM
If you look at the current state of the bitcoin market, it seems that the current bitcoin price is in the $26k-$25k range, not a good opportunity to buy. I speculate that the bitcoin price has the potential to drop to $20k. Therefore, it's better to wait until the bitcoin price drops to the $ 20k area, then you can buy and hold until the bull market comes later.


Title: Re: Time to Hodl or buy the Dip?
Post by: Halime Anatolia on June 07, 2023, 02:59:27 PM
This is still a good opportunity to buy bitcoin especially yesterday when the bitcoin price dropped to $25k.
But many people panicked at yesterday's drop and thought the bitcoin price would drop even further.
They didn't see it as an opportunity to buy more bitcoins but instead decided to sell some bitcoin.
And when they saw that the price could increase again to the current level, they were too late to buy at yesterday's low.
And if you can buy it at yesterday's or today's price, you can hold it until the price goes up.

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


Title: Re: Time to Hodl or buy the Dip?
Post by: kapalmabur on June 07, 2023, 04:25:01 PM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?

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


Title: Re: Time to Hodl or buy the Dip?
Post by: Yaunfitda on June 08, 2023, 02:24:13 AM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
It's always been a good time to buy bitcoin, I mean we are not yet on the bull run, so everything is at a discount. Lowest low, $15k, the price now, at $25k-$26k, so still it's a very attractive to buy whatever angle you look at it. There are investors though who are willing to wait or wanted to buy it more cheap, maybe <$20k.

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


Title: Re: Time to Hodl or buy the Dip?
Post by: laurenB7742 on June 08, 2023, 07:36:13 AM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
It's always been a good time to buy bitcoin, I mean we are not yet on the bull run, so everything is at a discount. Lowest low, $15k, the price now, at $25k-$26k, so still it's a very attractive to buy whatever angle you look at it. There are investors though who are willing to wait or wanted to buy it more cheap, maybe <$20k.

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

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


Title: Re: Time to Hodl or buy the Dip?
Post by: monineklutak on June 08, 2023, 08:18:10 AM
If you look at the current state of the bitcoin market, it seems that the current bitcoin price is in the $26k-$25k range, not a good opportunity to buy. I speculate that the bitcoin price has the potential to drop to $20k. Therefore, it's better to wait until the bitcoin price drops to the $ 20k area, then you can buy and hold until the bull market comes later.

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


Title: Re: Time to Hodl or buy the Dip?
Post by: ancafe on June 08, 2023, 10:21:00 AM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
Consideration of buying Dip should be adjusted to the capital you have, currently bitcoin is again finding a slight recovery on an ongoing basis and even though it has been on the decline for several days. If you are one of the long-term winners, $ 25k-$ 30k is still worth considering buying, especially if you rely on the long term as an investment concept, so that accumulating at that price also won't make you lose.

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


Title: Re: Time to Hodl or buy the Dip?
Post by: bakasabo on June 08, 2023, 10:28:59 AM
Isnt it time to take pause from crypto and just observe how SEC and Binance are fighting? Because this fight gonna last long, and the victory of one party will greatly influence on the market. Either a huge price drop and a stagnation, or a jump. I see no point of buying now, as the price easily can go lower. I prefer to watch from the side and hold. I think I will have plenty more chances to buy dip.


Title: Re: Time to Hodl or buy the Dip?
Post by: Reatim on June 08, 2023, 10:48:59 AM
Isnt it time to take pause from crypto and just observe how SEC and Binance are fighting? Because this fight gonna last long, and the victory of one party will greatly influence on the market. Either a huge price drop and a stagnation, or a jump. I see no point of buying now, as the price easily can go lower. I prefer to watch from the side and hold. I think I will have plenty more chances to buy dip.
But having a pause also letting your self distance for a opportunity to earn? of course maybe sideways will happen but for investors like me? i think that Binance and Government war is just a flavor to taste but lets not take this our idea of investing.
because my Motto in life is "Better to Seek than to wait"


Title: Re: Time to Hodl or buy the Dip?
Post by: bangjoe on June 08, 2023, 12:09:16 PM
The global economy is too uncertain right now to make any serious investments in my opinion. And it is not only about bitcoin, it is about everything else too. With the ongoing recession and inflation and with the recent re-start of the money printing machines in United States after they increased the debt ceiling we are in for more of economic uncertainty.

For now stick with DCA and HODL...

That's right, what is happening to the world economy today is very uncertain, some that need to be considered other than the decisions of the American and The Fed governments that provide bad results for normal economic standardization, such as Russian-Ukraine conflicts are also still ongoing, which I am Thinking is one that makes economic uncertainty and has a crisis impact, especially on energy for most countries, in addition there is a de dolarization schedule that I think will also have an impact on Bitcoin indirectly, I think at this time we are in the days economic transition period.
DCA and HODL are the only one-one most effective options in the current situation, because if we are make a serious investment, maybe our mentality will get the consequences.


Title: Re: Time to Hodl or buy the Dip?
Post by: posi on June 08, 2023, 01:15:32 PM
For Altcoins, it's clear that it's time to buy at DIP, but for Bitcoin in my opinion it's still not,
because some of the conditions for another bullish haven't been met, so there's a possibility that Bitcoin could drop again,
what we have to do if we've bought at $30k or $20k we should hold Just until the market really recovers.

The whole altcoin market depends on bitcoin, if bitcoin goes up, all goes up, if bitcoin goes down, all goes down. If you think bitcoin is still likely to drop in the near term, then you should stay away from altcoins because if bitcoin falls again, a lot of altcoins will die and disappear altogether.
Investing in altcoins at this point is still very risky, so I suggest you continue to focus on bitcoin and stay away from altcoins. I like people who invest in altcoins and are not too conservative to only invest in bitcoin, but altcoins are very risky, so we need to have the right time to invest, don't invest indiscriminately.


Title: Re: Time to Hodl or buy the Dip?
Post by: taufik123 on June 08, 2023, 01:30:59 PM
The whole altcoin market depends on bitcoin, if bitcoin goes up, all goes up, if bitcoin goes down, all goes down. If you think bitcoin is still likely to drop in the near term, then you should stay away from altcoins because if bitcoin falls again, a lot of altcoins will die and disappear altogether.
Investing in altcoins at this point is still very risky, so I suggest you continue to focus on bitcoin and stay away from altcoins. I like people who invest in altcoins and are not too conservative to only invest in bitcoin, but altcoins are very risky, so we need to have the right time to invest, don't invest indiscriminately.
In short, you can see the picture below.
It will explain how Bitcoin will affect all crypto prices.
https://i.postimg.cc/FHVJxgcR/cheat-sheet-btc.jpg

Investing in Bitcoin is indeed the main investment and it has become a recommendation from everyone.
However, entering Altcoin is currently very risky because the crypto market is still unstable and Bitcoin is still in bearish mode due to some FUD that occurred.

I am also still monitoring the market situation and have not entered into altcoins. some Bitcoin assets I still hold.
If things improve I will start getting into the top altcoins that have a chance to go higher after this storm is over.


Title: Re: Time to Hodl or buy the Dip?
Post by: Nrcewker on June 08, 2023, 01:47:34 PM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?

I would ask you to never stop accumulating the Bitcoins, whatever the price is buy as many Bitcoins you can and just store or hold it for long term. You shouldn't wait for the dip, buying Bitcoins or accumulating it shouldn't stop at any point. We all know what is the capability of Bitcoins, we have also seen how far Bitcoins have gone. We have also known its value as its limited in number. Now the decision is yours what to do next, whether to buy or not. Every time just buy the coins and wait for the price to buy.


Title: Re: Time to Hodl or buy the Dip?
Post by: lionheart78 on June 08, 2023, 02:20:47 PM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?

When there is a dip in the price of BTC, it is always a good thing to hodl and a better idea to buy the dip.  One of the major reasons is that the Bitcoin market is cyclical and if Bitcoin is currently at its downtrend, it is a good moment to buy to maximize profit when the market shifts to an uptrend. 

Now looking at the current phase of the Bitcoin market, we all know that halving is less than a year from happening, and halving is one of the catalysts for the Bitcoin uptrend or Bitcoin bull run.  If we buy today, we might get a huge profit when Bitcoin uptrends and rallies to its now ATH.  All we need to have is patience to wait for the time to come after buying at the current market dip.


Title: Re: Time to Hodl or buy the Dip?
Post by: Paul Pogba on June 08, 2023, 03:27:09 PM
When the market is red like it is now then the best thing is to hold, if we have a long term profit vision then when a dip is an opportunity to buy more, an increase in bitcoin will definitely occur in the near future, so don't ever regret not being able to take advantage of the right moment to buy.


Title: Re: Time to Hodl or buy the Dip?
Post by: khiholangkang on June 08, 2023, 03:48:59 PM
When the market is red like it is now then the best thing is to hold, if we have a long term profit vision then when a dip is an opportunity to buy more, an increase in bitcoin will definitely occur in the near future, so don't ever regret not being able to take advantage of the right moment to buy.
A simple logic for those who have the intention to invest in long -term in bitcoin, things like bloody markets are certainly a review for those who buy at a higher price and is a real journey for a Bitcoin holder that has a long -term goal in investing in Bitcoin, Buying when a decline and holding back is a word that must be held firm if you want to find a proper return from Bitcoin.

We are in the Bitcoin market which is still in the sideway situation at the $ 26K price level, and indeed it seems that this phase is quite long, we only need to be patient until the bullish market comes, and it will be the happiness of the Bitcoin holders.
Continue to save bitcoin and hold, don't ever hesitate if you don't want to regret it.


Title: Re: Time to Hodl or buy the Dip?
Post by: salad daging on June 08, 2023, 04:41:50 PM
When there is a dip in the price of BTC, it is always a good thing to hodl and a better idea to buy the dip.  One of the major reasons is that the Bitcoin market is cyclical and if Bitcoin is currently at its downtrend, it is a good moment to buy to maximize profit when the market shifts to an uptrend. 

Now looking at the current phase of the Bitcoin market, we all know that halving is less than a year from happening, and halving is one of the catalysts for the Bitcoin uptrend or Bitcoin bull run.  If we buy today, we might get a huge profit when Bitcoin uptrends and rallies to its now ATH.  All we need to have is patience to wait for the time to come after buying at the current market dip.
True, this is a great way if we already have bitcoin, so now it is more appropriate to hold on than to sell it because of panic, but your good idea is to buy at a time of decline, this is always recommended for bitcoin investors, so when it is corrected again it is right to buy when the trend is down because this opportunity will be quite good if you buy on a scale with DCA or a lump sum.

Many are waiting for this event with the halving that will occur in less than a year now, maybe thinking that it is getting closer to the halving the market will not show any reaction in the middle of 2023 but we don't know what surprises will come with the bullish trend so we have to wait but at least we must be prepared with bitcoin which is invested from its lowest price.


Title: Re: Time to Hodl or buy the Dip?
Post by: Unbunplease on June 08, 2023, 05:10:07 PM
When the market is red like it is now then the best thing is to hold, if we have a long term profit vision then when a dip is an opportunity to buy more, an increase in bitcoin will definitely occur in the near future, so don't ever regret not being able to take advantage of the right moment to buy.

In fact, there's not much time left before bitcoin is halved, so the long-awaited rise of bitcoin and the alt-season is about to begin. Yes, some price decline is still possible in the near future, but I don't think it will be significant. So right now the most optimal strategy is HODL


Title: Re: Time to Hodl or buy the Dip?
Post by: Kemarit on June 08, 2023, 05:39:04 PM
When the market is red like it is now then the best thing is to hold, if we have a long term profit vision then when a dip is an opportunity to buy more, an increase in bitcoin will definitely occur in the near future, so don't ever regret not being able to take advantage of the right moment to buy.

In fact, there's not much time left before bitcoin is halved, so the long-awaited rise of bitcoin and the alt-season is about to begin. Yes, some price decline is still possible in the near future, but I don't think it will be significant. So right now the most optimal strategy is HODL

We still have less than a year though before the halving, not much time, but I still believed that if you start today and do DCA and accumulate sats till the halving, you can see make a lot of money and profit from it.

And as what the majority says, do both, buy when the price is down, or at least do DCA and then just HODL'ed and wait for the next bull run. I know that its tough to do that, but that's how we make money here. Bitcoin market is not a get rich quick scheme, it also entails alot of psychology and good judgement to be a successful investor here.


Title: Re: Time to Hodl or buy the Dip?
Post by: JoyMarsha on June 08, 2023, 08:24:35 PM
As the year goes on, it's possible that we'll see the price of bitcoin drop even further, to $21k. Those who intend to use a DCA approach for their bitcoin investment should buy bitcoin right away. However, those who want to purchase the deep should continue to hold on since it appears that the cryptocurrency market is currently seeing a wild collapse in price. For those that still want to go on to invest in bitcoin or any other top altcoin despite the market condition will lose money value of their purchase assets they undertake right now until the market prices stabilize. which nobody is certain of the precise time.


Title: Re: Time to Hodl or buy the Dip?
Post by: goaldigger on June 08, 2023, 09:38:58 PM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
Wait for another signal as many indicators says that the price can still go down.
If you have your BTC right now then just hold it, and if you are planning to buy more wait for the price below $25k because it’s more possible to happen now. The market volume is very low, and the negative sentiment of the market are very strong, that could lead us into a more cheaper Bitcoin, so wait for this moment before buying more.


Title: Re: Time to Hodl or buy the Dip?
Post by: Onyeeze on June 08, 2023, 10:03:07 PM
Whenever market of cryptocurrency is going down is the best time someone can buy Bitcoin and keep knowing that Bitcoin price will surely go up again, many people who buy Bitcoin when Bitcoin is on the falling run are the people who benefits on Bitcoin,so I believe that Bitcoin with what investors say about bitcoin it doesn't have a particular time you can invest in bitcoins


Title: Re: Time to Hodl or buy the Dip?
Post by: Yatsan on June 08, 2023, 11:30:51 PM
As we all know, there are expectations for a lower market price around $20k-ish, so I guess it is better to wait. The market value won't go up in a single snap so avoid FOMO. Actually, there's no perfect entry point it just depends on the investor if he'd be satisfied to where would he invest. With regards to either holding or buying, that depends on your capability. If you have the capacity to invest more then wait for another possible dip, and invest again. But if you're already okay with the amount you are holding, then just prepare yourself from the possibility of a market crash, such that if it happen, practice to not panic and avoid selling 'coz prices would again go up and you just have to be patient by that time.


Title: Re: Time to Hodl or buy the Dip?
Post by: Captain Corporate on June 08, 2023, 11:34:29 PM
Always hold when you are unsure. I am buying the dip personally but I know that it will do better, that's my own approach to it and I will always keep doing that. When we are talking about something further, something that is beyond your understanding and you are unsure about it, then I highly suggest you stay away from it as much as you possibly could. There is no scenario where you will be doing very well when you are just in the dark. Too many people think of crypto as something they can just ask around and learn the ropes, but the reality is that you can't just expect people to tell you what to do, that's not how it works and will never work. I think its quite important to focus on what you know, and if you don't, just hold it and you will do much better, only buy when you are certain yourself without asking anyone about it.


Title: Re: Time to Hodl or buy the Dip?
Post by: Minor Miner on June 09, 2023, 03:21:04 AM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
Wait for another signal as many indicators says that the price can still go down.
If you have your BTC right now then just hold it, and if you are planning to buy more wait for the price below $25k because it’s more possible to happen now. The market volume is very low, and the negative sentiment of the market are very strong, that could lead us into a more cheaper Bitcoin, so wait for this moment before buying more.

The market is still affected by the negative news, but there is no guarantee that we will continue to drop below 25k, it's all just your prediction and some people seeing the negative news. In my opinion, don't wait, and if you are investing for the long term, buying now and using DCA is the most effective. Have you thought about the case that bitcoin will rise again from now on, and if you wait, you will miss a good buying opportunity? Bitcoin is unpredictable.


Title: Re: Time to Hodl or buy the Dip?
Post by: bitzizzix on June 09, 2023, 03:39:36 AM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
Wait for another signal as many indicators says that the price can still go down.
If you have your BTC right now then just hold it, and if you are planning to buy more wait for the price below $25k because it’s more possible to happen now. The market volume is very low, and the negative sentiment of the market are very strong, that could lead us into a more cheaper Bitcoin, so wait for this moment before buying more.
The bitcoin price is currently downtrend, I think there is still a possibility that the bitcoin price will reach 25K or more, so you have to be more patient to buy at the right price to get a good profit when the bitcoin price moves up again.
or you can do the DCA strategy in the current situation which I think is the right time and you can also increase your purchases when the bitcoin price continues to fall, and do it all for the long term because buying dips or DCA is very good, and also the best strategy for long term investment in bitcoin. But all of that does require patience and also strong belief to get very satisfying profits, regardless of market situations that are difficult to predict because your goal is only for the long term.


Title: Re: Time to Hodl or buy the Dip?
Post by: Sebas.tian on June 09, 2023, 04:13:43 AM
Quote from: Paul Pogba
When the market is red like it is now then the best thing is to hold, if we have a long term profit vision then when a dip is an opportunity to buy more, an increase in bitcoin will definitely occur in the near future, so don't ever regret not being able to take advantage of the right moment to buy.

Holding can only be a solution to this current dumping of Bitcoin and cryptocurrencies, because the market price is not looking good for long term traders and short term traders to make a good profits than to continue holding till the green light remain stable before they can sell. Purchasing Bitcoin at this period is not advisable because the price of Bitcoin is still moving between $25,000 and $26,000 which is not good for people to purchase Bitcoin in this period than to exercise patience for the price to decrease back to $17,000 before they can buy and hold. I believe, those that will maintain the holding till the end of bearish will definitely have something good to achieve because the price of Bitcoin will definitely increase higher before the end of this year.


Title: Re: Time to Hodl or buy the Dip?
Post by: 19Nov16 on June 09, 2023, 04:37:00 AM
As an investor who is used to the bitcoin trend, it is common to face situations like today, the price looks sluggish after March and even often goes red for a long time, but this makes us have to think positively by buying more, we have to be optimistic that the bull run it will happen soon because soon or in less than 8 months there will be a halving which usually will make the price skyrocket.


Title: Re: Time to Hodl or buy the Dip?
Post by: |MINER| on June 09, 2023, 05:56:36 AM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
In my personal opinion I think on the based of this current market situation I think the two option given above on the title both should be used. Because if you look at the current position of the Bitcoin price, it is still far below its all-time high.  So I think Bitcoin is still in a good dip.  So now buying at this dip price means to hold not to sell so you have to hold bitcoin if you buy in this good dip for a good profit.


Title: Re: Time to Hodl or buy the Dip?
Post by: rhodelmabanal on June 09, 2023, 06:42:16 AM
Buy the dip and hold if i have many money i will still buy the dip because more capital more earnings when the bull return, for now it is very big advantage because we are in a bear market and most of the coin is falling right now so of we buy the dip we will get the coin in a discounted price .


Title: Re: Time to Hodl or buy the Dip?
Post by: bakasabo on June 09, 2023, 06:59:22 AM
Isnt it time to take pause from crypto and just observe how SEC and Binance are fighting? Because this fight gonna last long, and the victory of one party will greatly influence on the market. Either a huge price drop and a stagnation, or a jump. I see no point of buying now, as the price easily can go lower. I prefer to watch from the side and hold. I think I will have plenty more chances to buy dip.
But having a pause also letting your self distance for a opportunity to earn? of course maybe sideways will happen but for investors like me? i think that Binance and Government war is just a flavor to taste but lets not take this our idea of investing.
because my Motto in life is "Better to Seek than to wait"

During last year I think we have seen more than 10 chances to buy at low price. Bitcoin price has been throwing here and there all the time, and imho, current conflict between SEC and Binance only postpone greatly change of market change. That is why I take a pause. I See no reason to buy today, because during next month there will be a slight growth and a drop, and we would get back to price when we started. Maybe it is appropriate to say that I am tired of increasing my balance with rebuys and resells.


Title: Re: Time to Hodl or buy the Dip?
Post by: lixer on June 09, 2023, 09:04:10 AM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
DCA is probably the best thing to do from here since I believe we are not yet at the bottom and with the current news in circulation about Binance, the market can always go down again and if you are doing DCA, you can always keep buying at different price fall intervals so that you can have a good average buying price. If you buy at once and then the market goes down further, you might regret it.

So, I would probably suggest holding the current assets and then doing DCA for the remaining balance. That seems to be the most viable option for the current market conditions and wait for the bull run that might occur in 2024 after the Bitcoin halving event.


Title: Re: Time to Hodl or buy the Dip?
Post by: fuguebtc on June 09, 2023, 11:03:14 AM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
DCA is probably the best thing to do from here since I believe we are not yet at the bottom and with the current news in circulation about Binance, the market can always go down again and if you are doing DCA, you can always keep buying at different price fall intervals so that you can have a good average buying price. If you buy at once and then the market goes down further, you might regret it.

So, I would probably suggest holding the current assets and then doing DCA for the remaining balance. That seems to be the most viable option for the current market conditions and wait for the bull run that might occur in 2024 after the Bitcoin halving event.

If you believe bitcoin hasn't bottomed yet, why don't you wait longer to buy in? To me, bitcoin remains unpredictable even as we face a lot of negative news, but good news can come anytime. But you are right, DCA is the best solution in all cases. If you are investing for the long term and the target is the coming bull season, don't make too many predictions but instead use DCA every time bitcoin drops more. The DCA strategy really saves us a lot of stress from investing in bitcoin.


Title: Re: Time to Hodl or buy the Dip?
Post by: Chainsmokers on June 09, 2023, 11:59:45 AM
Buy the dip and hold if i have many money i will still buy the dip because more capital more earnings when the bull return, for now it is very big advantage because we are in a bear market and most of the coin is falling right now so of we buy the dip we will get the coin in a discounted price .

Don't waste the Bear season because in the bear season the discounts for altcoins are very large,
even investors or whales always accumulate during the bear season and sell it during the bullish season,
so we as retailers don't be the other way, buy when it's bullish and sell when it's bearish haha  ;D.


Title: Re: Time to Hodl or buy the Dip?
Post by: Davian144 on June 09, 2023, 12:47:09 PM
Don't waste the Bear season because in the bear season the discounts for altcoins are very large,
even investors or whales always accumulate during the bear season and sell it during the bullish season,
so we as retailers don't be the other way, buy when it's bullish and sell when it's bearish haha  ;D.
Buyers and sellers in the short term are not retailers, but rather traders who are looking for profits in the short term and in bad conditions it's good to look at Bitcoin more than altcoins although it won't be wrong for everyone who wants to see altcoins and buy them as long as the altcoins are is an old altcoin that is quite well known in the market. But I would rather suggest that everyone wants to see Bitcoin and buy it when bear conditions occur, because Bitcoin is still able to provide good profits to everyone.


Title: Re: Time to Hodl or buy the Dip?
Post by: Kelvinid on June 09, 2023, 12:53:57 PM
Isnt it time to take pause from crypto and just observe how SEC and Binance are fighting? Because this fight gonna last long, and the victory of one party will greatly influence on the market. Either a huge price drop and a stagnation, or a jump. I see no point of buying now, as the price easily can go lower. I prefer to watch from the side and hold. I think I will have plenty more chances to buy dip.
But having a pause also letting your self distance for a opportunity to earn? of course maybe sideways will happen but for investors like me? i think that Binance and Government war is just a flavor to taste but lets not take this our idea of investing.
because my Motto in life is "Better to Seek than to wait"

During last year I think we have seen more than 10 chances to buy at low price. Bitcoin price has been throwing here and there all the time, and imho, current conflict between SEC and Binance only postpone greatly change of market change. That is why I take a pause. I See no reason to buy today, because during next month there will be a slight growth and a drop, and we would get back to price when we started. Maybe it is appropriate to say that I am tired of increasing my balance with rebuys and resells.
Well, there is no reason to buy for those who accumulates Bitcoin in the past few days. But those who are just about to start will consider this as their time to buy more and make ready for the next bull season. Because we can't assure that the price of Bitcoin will drop again, of course, a parabolic trend is still what we possibly experience in the coming days but I think, we never reach back down below $25k. So making SEC and Binance issue as our concern, I don't think that is what we focus on as the price seems to move high and low all the time.



Title: Re: Time to Hodl or buy the Dip?
Post by: sana54210 on June 09, 2023, 03:11:20 PM
When the market is red like it is now then the best thing is to hold, if we have a long term profit vision then when a dip is an opportunity to buy more, an increase in bitcoin will definitely occur in the near future, so don't ever regret not being able to take advantage of the right moment to buy.
A simple logic for those who have the intention to invest in long -term in bitcoin, things like bloody markets are certainly a review for those who buy at a higher price and is a real journey for a Bitcoin holder that has a long -term goal in investing in Bitcoin, Buying when a decline and holding back is a word that must be held firm if you want to find a proper return from Bitcoin.

We are in the Bitcoin market which is still in the sideway situation at the $ 26K price level, and indeed it seems that this phase is quite long, we only need to be patient until the bullish market comes, and it will be the happiness of the Bitcoin holders.
Continue to save bitcoin and hold, don't ever hesitate if you don't want to regret it.
I have been a long term holder and I can confirm this. All those ups and downs are just a story down my memory lane and nothing more. It doesn't matter what it is today until I sell it, and I am not planning on selling anytime soon, which means that we are not going to see it do so great, it might do some good at certain levels but that doesn't mean that it will matter for me.

So all in all what matters the most is the fact that we will be seeing it move and I do enjoy seeing that, I still do participate in the chatting of it and that's why it matters to me. I know that not a lot of people will make a big difference in the end, but as long as it is there and I can see the movements that will be a reason to just keep chatting about it.


Title: Re: Time to Hodl or buy the Dip?
Post by: rby on June 09, 2023, 10:28:22 PM
Don't waste the Bear season because in the bear season the discounts for altcoins are very large,
even investors or whales always accumulate during the bear season and sell it during the bullish season,
so we as retailers don't be the other way, buy when it's bullish and sell when it's bearish haha  ;D.
Buyers and sellers in the short term are not retailers, but rather traders who are looking for profits in the short term and in bad conditions it's good to look at Bitcoin more than altcoins although it won't be wrong for everyone who wants to see altcoins and buy them as long as the altcoins are is an old altcoin that is quite well known in the market. But I would rather suggest that everyone wants to see Bitcoin and buy it when bear conditions occur, because Bitcoin is still able to provide good profits to everyone.
Actually not everyone wants to buy bitcoin in the bear market. At every bear market, if bitcoin is discounted upto 15% this could mean that some altcoins whose liquidity is low could have upto 70% discount.  Then if both bitcoin and altcoins should retouch their previous ATH, it means the altcoins will be in massive profits than bitcoin.
The disadvantage only that the altcoins may plunge more into the negative direction and most times may never see a new ATH. This can hardly be said about bitcoin which will always return to a new ATH, no matter how long it will take.


Title: Re: Time to Hodl or buy the Dip?
Post by: Tony116 on June 10, 2023, 11:55:52 AM
Don't waste the Bear season because in the bear season the discounts for altcoins are very large,
even investors or whales always accumulate during the bear season and sell it during the bullish season,
so we as retailers don't be the other way, buy when it's bullish and sell when it's bearish haha  ;D.
Buyers and sellers in the short term are not retailers, but rather traders who are looking for profits in the short term and in bad conditions it's good to look at Bitcoin more than altcoins although it won't be wrong for everyone who wants to see altcoins and buy them as long as the altcoins are is an old altcoin that is quite well known in the market. But I would rather suggest that everyone wants to see Bitcoin and buy it when bear conditions occur, because Bitcoin is still able to provide good profits to everyone.

Agree, we should focus mainly on bitcoin, it will be better and safer for us. If you look at the market today, you will see that bitcoin will not fall too much while altcoins are being heavily dumped. If one were to focus solely on buying and accumulating altcoins in the past time, the losses are piling up.

I don't hate when someone invests in altcoins because the returns are really attractive, but this is not the right time to buy altcoins yet. We should spend more time and money on bitcoin would be better. I believe that if bitcoin is heavily dumped again, many altcoins will disappear in the next bull run.


Title: Re: Time to Hodl or buy the Dip?
Post by: Negotiation on June 10, 2023, 06:03:56 PM
Buy the dip and hold if i have many money i will still buy the dip because more capital more earnings when the bull return, for now it is very big advantage because we are in a bear market and most of the coin is falling right now so of we buy the dip we will get the coin in a discounted price .

Don't waste the Bear season because in the bear season the discounts for altcoins are very large,
even investors or whales always accumulate during the bear season and sell it during the bullish season,
so we as retailers don't be the other way, buy when it's bullish and sell when it's bearish haha  ;D.
Yes, when the crypto market goes down it's the right time to buy because the market will have another bull run, it's just a matter of time. Will have to wait patiently for this. This is the right time to hold also cryptocurrencies are becoming very popular for investment these days. As there are many digital currencies in circulation, investors see them as useful not only for short term gains, but also for long term investments.


Title: Re: Time to Hodl or buy the Dip?
Post by: darkangel11 on June 10, 2023, 07:26:45 PM
IMO we're at the end of a bear market. We could be a few weeks or a few months from a significant recovery (above 30k), but it's going to come this year, so if you're planning to buy bitcoin and don't own any, this time is as good as any other to buy.

It's a bit different when you already have bitcoin and think if you should spend the rest of your money on it right now or wait for it to go lower. I can't tell you what's best in this case. Nobody will, and if someone says they know if we will dip to, let's say 23k, they are full of shit. Bitcoin is so illiquid that if you take one single millionaire and make him invest in bitcoin the way Michael Saylor did, you'll see 30k in 1 day. So, if you own bitcoin and want to get more, maybe wait a bit and see how it goes. Maybe you'll get lucky and grab some cheaper coins.


Title: Re: Time to Hodl or buy the Dip?
Post by: CapGelatik on June 10, 2023, 07:57:33 PM
Hold if you have bought Bitcoin in 2022, and Buy if you haven't bought it, because today is Bitcoin dump and you can start buying without high risk,
and don't forget to use minimum capital when it is still bearish, because if you use 100 % capital then you can lose.
And remember, don't be too greedy if you are still in a bear market. Hold also has limits.


Title: Re: Time to Hodl or buy the Dip?
Post by: newdevices on June 10, 2023, 09:32:45 PM
Buy the dip and hold if i have many money i will still buy the dip because more capital more earnings when the bull return, for now it is very big advantage because we are in a bear market and most of the coin is falling right now so of we buy the dip we will get the coin in a discounted price .

Don't waste the Bear season because in the bear season the discounts for altcoins are very large,
even investors or whales always accumulate during the bear season and sell it during the bullish season,
so we as retailers don't be the other way, buy when it's bullish and sell when it's bearish haha  ;D.
Yes, when the crypto market goes down it's the right time to buy because the market will have another bull run, it's just a matter of time. Will have to wait patiently for this. This is the right time to hold also cryptocurrencies are becoming very popular for investment these days. As there are many digital currencies in circulation, investors see them as useful not only for short term gains, but also for long term investments.

Sometimes some traders and investors can't be patient and sell panic occurs,
yes that can be said to be normal because the market is in a situation of fear,
I myself am still confused to see whether the price of bitcoin will continue to fall below $ 20k or recover to $ 50k and Of course,
it's also difficult to survive whether to hold or sell.


Title: Re: Time to Hodl or buy the Dip?
Post by: dragonvslinux on June 10, 2023, 09:41:00 PM
Personally I think we are HODL/DCA territory. Price is still down 50% from ATH which can't be ignored or denied, but for me this correction from $30K to around $25.5K is far from a dip.

For me the current dip would be somewhere between $20K and $25K, likely around $23K or even $22K where there is more volume & MA support. That's likely where there will be significant fear in the market of the bear market returning or price returning to the lows etc. Right now the market is relatively neutral after months of consolidation and a correction that doesn't even reach -20% yet.

Ultimately though it depends on your current exposure. If you hold 0 Bitcoin then current prices are more than reasonable. But if you already bought enough, say between $20K and $25K, then there is clearly no rush to be buying at higher levels right now. Either price continues to the upside and averaging in a higher price would be acceptable, or otherwise price corrects lower which would be another good opportunity to increase exposure. Generally though with the unclear direction of Bitcoin right now, and remaining between $20K and $30K, it seems a reasonable time to DCA until a trend is solidified.

Additionally, if you look at the average price of Bitcoin from the past year, since the initial capitulation, it's around $22.5K right now. Hence this is an ideal dip buying scenario imo, if you didn't already DCA that is.


Title: Re: Time to Hodl or buy the Dip?
Post by: Hamphser on June 10, 2023, 09:47:42 PM
Buy the dip and hold if i have many money i will still buy the dip because more capital more earnings when the bull return, for now it is very big advantage because we are in a bear market and most of the coin is falling right now so of we buy the dip we will get the coin in a discounted price .

Don't waste the Bear season because in the bear season the discounts for altcoins are very large,
even investors or whales always accumulate during the bear season and sell it during the bullish season,
so we as retailers don't be the other way, buy when it's bullish and sell when it's bearish haha  ;D.
Yes, when the crypto market goes down it's the right time to buy because the market will have another bull run, it's just a matter of time. Will have to wait patiently for this. This is the right time to hold also cryptocurrencies are becoming very popular for investment these days. As there are many digital currencies in circulation, investors see them as useful not only for short term gains, but also for long term investments.

Sometimes some traders and investors can't be patient and sell panic occurs,
yes that can be said to be normal because the market is in a situation of fear,
I myself am still confused to see whether the price of bitcoin will continue to fall below $ 20k or recover to $ 50k and Of course,
it's also difficult to survive whether to hold or sell.
In the end, we are just humans and we know that no matter how experienced we are, there would really be a time that we do really be able to feel out those kind of panic no matter how experienced
or you've been aware on this market.Cant really be blamed out considering that this market is really that truly unpredictable. There's no way on knowing on where it would be going but we know that
traders could easily make up some switch up on become investors on which they do end up on holding on the time that their portfolio had become negative.

Once the market would really be going into the opposite side of things on which you would really be having that kind of impression that holding is better rather than on selling it at loss.
We do have our own common sense on what we should really gonna take and sensible things to be done but due to lack of experience and emotion handling then
we do really end up with these kind of actions.


Title: Re: Time to Hodl or buy the Dip?
Post by: coin-investor on June 10, 2023, 10:14:55 PM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?

It's hard to predict the floor price before the start of the bull run but since we are one year away from the next halving my strategy is to accumulate not in one buy but through intervals whenever there is a dip, I buy a small amount when there is a dip and prepare for the next dip, I have my spreadsheet to check if I've gained or lost when there is a dip or a pump.

This year is different because we are a year away from the halving so our mindset is all about accumulation but of course, you still have to implement the concept of buying low and selling high because pump and dip will still happen along the way while we are heading to the next halving.


Title: Re: Time to Hodl or buy the Dip?
Post by: IvugeoEvolutionCoin on June 11, 2023, 03:12:43 AM
Buy the dip and hold if i have many money i will still buy the dip because more capital more earnings when the bull return, for now it is very big advantage because we are in a bear market and most of the coin is falling right now so of we buy the dip we will get the coin in a discounted price .

Don't waste the Bear season because in the bear season the discounts for altcoins are very large,
even investors or whales always accumulate during the bear season and sell it during the bullish season,
so we as retailers don't be the other way, buy when it's bullish and sell when it's bearish haha  ;D.
Yes, when the crypto market goes down it's the right time to buy because the market will have another bull run, it's just a matter of time. Will have to wait patiently for this. This is the right time to hold also cryptocurrencies are becoming very popular for investment these days. As there are many digital currencies in circulation, investors see them as useful not only for short term gains, but also for long term investments.

Sometimes some traders and investors can't be patient and sell panic occurs,
yes that can be said to be normal because the market is in a situation of fear,
I myself am still confused to see whether the price of bitcoin will continue to fall below $ 20k or recover to $ 50k and Of course,
it's also difficult to survive whether to hold or sell.
Bitcoin market is stable now but those who invest need to be patient. Long time investment you can profit. Short time investment not so much. So I think an investor should always keep an eye on the market. Right time.  Investing in bitcoins does not have much chance of loss. So act at the right time and sell them at the right time.


Title: Re: Time to Hodl or buy the Dip?
Post by: Freddie Boyer on June 11, 2023, 05:36:25 AM
Don't waste the Bear season because in the bear season the discounts for altcoins are very large,
even investors or whales always accumulate during the bear season and sell it during the bullish season,
so we as retailers don't be the other way, buy when it's bullish and sell when it's bearish haha  ;D.
Buyers and sellers in the short term are not retailers, but rather traders who are looking for profits in the short term and in bad conditions it's good to look at Bitcoin more than altcoins although it won't be wrong for everyone who wants to see altcoins and buy them as long as the altcoins are is an old altcoin that is quite well known in the market. But I would rather suggest that everyone wants to see Bitcoin and buy it when bear conditions occur, because Bitcoin is still able to provide good profits to everyone.

Bear market season presents an opportunity to buy altcoins at a discount so no mistaking this kind of opinion from @Chainsmokers but I think this approach could appeal to those who believe in the long term potential of altcoins and are willing to take advantage of discounted pricing. TA analysis is necessary because not all altcoins have strong fundamentals or long term viability. For @Davian144 I might agree Bitcoin has become the leading cryptocurrency and often serves as a store of value during volatile market conditions.


Title: Re: Time to Hodl or buy the Dip?
Post by: Nwada001 on June 11, 2023, 09:29:05 PM
Bear market season presents an opportunity to buy altcoins at a discount so no mistaking this kind of opinion from @Chainsmokers but I think this approach could appeal to those who believe in the long term potential of altcoins and are willing to take advantage of discounted pricing.

The OP is not directly all about altcoins, nor does the content refer to all crypto in general, and as such, I find your idea a little off-topic.
This is a matter of deciding if I should hold my Bitcoin, sell it, or even buy more and add to my current holdings, not deciding if I should buy some sort of shite altcoin that possesses a greater risk and can't in any way be compared to Bitcoin.

What the Bitcoin market is currently facing is something that shakes most investors holding decisions; they don't know if they are to hold or they are to sell, or if they are even to invest more into their current holding. Because of the recent happenings aside from a normal Bitcoin price movement, the SEC issue with big crypto exchanges is really increasing the rate of panic selling as a result of not knowing what will be the next move, especially for those who are entirely dependent on centralized exchange services, so they are more affected than others. So such people are really in a confused state and don't know what step to take next.


Title: Re: Time to Hodl or buy the Dip?
Post by: GeorgeJohn on June 11, 2023, 11:24:02 PM
Yesterday was a good time to buy the dip. If you load the daily chart you can see that the $25K area is important because it was resistance but lately it was strong support. It dipped slightly during the binance dump and now recovered was quickly, this is what you want to see.

Maybe wait for a pullback and see if you can get a better price but keep in mind that I don’t think we will hit a new ATH this year. With all this sec suing exchanges over blurry regulations the future doesn’t have a new ATH priced in unless we get regulators under control.
I do advice people that we don't have a specific time or perfect time to buy bitcoin, because buying bitcoin when the price is low you make a profit whenever you the market of cryptocurrency is high about the amount you purchase bitcoin, so therefore those people who said that it's not good to buy bitcoin when the price is high, I want to let us know that bitcoin price doesn't have infinity increment because when you think that is high price of bitcoin, after some days interval or some period of time bitcoin may accelerate above our expectations, so therefore that's while I always emphasis that when purchasing bitcoin for investment it doesn't have a specification for investment provided that the technology is in existence.


Title: Re: Time to Hodl or buy the Dip?
Post by: justdimin on June 12, 2023, 06:10:19 AM
I have been a long term holder and I can confirm this. All those ups and downs are just a story down my memory lane and nothing more. It doesn't matter what it is today until I sell it, and I am not planning on selling anytime soon, which means that we are not going to see it do so great, it might do some good at certain levels but that doesn't mean that it will matter for me.

So all in all what matters the most is the fact that we will be seeing it move and I do enjoy seeing that, I still do participate in the chatting of it and that's why it matters to me. I know that not a lot of people will make a big difference in the end, but as long as it is there and I can see the movements that will be a reason to just keep chatting about it.
Long term holders are not having trouble during this period, it is not that it is not a good idea but it is obvious that you are going to get a great time when it is going to go back up, it has been nearly 2 years since the last ATH and that's why many people are already out, if you are still holding after all that time then these movements means nothing to you and any long term holder.

However, people who are traders may end up with some acting movements, like they may want to act on this drop, and buy/sell based on the situation. I know it is not that easy but it is seriously the number one thing you could possibly do, it definitely helps you out a lot. I know that it doesn't mean that one is right and the other is wrong, it is just not that simple.


Title: Re: Time to Hodl or buy the Dip?
Post by: Joshapat on June 12, 2023, 01:25:55 PM
Current price position is around $25800 and I think is the ideal time to buy, according to many analysts the price will skyrocket again at the end of the year because people will prepare for the halving day which makes a surge in demand and of course makes the price easy to rise.


Title: Re: Time to Hodl or buy the Dip?
Post by: Agbe on June 12, 2023, 01:48:27 PM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
The price now is $25823 so buy the dip and hodle for a long period of time. The way I look at it, the $25+k price might stay small before it will move to another figure. People are saying that the bear market will end at the fourth quarter of the year but that is also under the speculation. Many people are panicking because they are short term holders if anyone is holding it for long term then that person will worry much.


Title: Re: Time to Hodl or buy the Dip?
Post by: Semar Mesem on June 12, 2023, 02:25:38 PM
If we have the principle of profit then the best thing is to buy when it is dip and hold, many investors are successful and rich because they can be patient, but vice versa for a loser he will immediately sell when he gets a small profit, even when the price drops significantly then they immediately sell for fear that the market will not be able to rise again.


Title: Re: Time to Hodl or buy the Dip?
Post by: tygeade on June 13, 2023, 02:33:04 AM
If we have the principle of profit then the best thing is to buy when it is dip and hold, many investors are successful and rich because they can be patient, but vice versa for a loser he will immediately sell when he gets a small profit, even when the price drops significantly then they immediately sell for fear that the market will not be able to rise again.
The problem is that when you are a rich person you can afford to wait, when you are a poor person it is harder to wait. The trouble is that if you have millions of dollars, blocking a million in bitcoin won't hurt you, but when I put all my savings into bitcoin, I fear what's going to happen.

Thankfully I do not sell and run, because I learned to be better than that but it took me time to be like this, I am lucky that I have invested into bitcoin early, and learned more about it, newbies don't have that chance. Newbies will see it grow smaller and smaller and they will worry what's going to happen and that is why it is a lot smarter to just spend this money on something else, it would make sense if you know what you are doing, if you are newbie, just buy and hold.


Title: Re: Time to Hodl or buy the Dip?
Post by: Nwada001 on June 13, 2023, 12:43:00 PM
Current price position is around $25800 and I think is the ideal time to buy, according to many analysts the price will skyrocket again at the end of the year because people will prepare for the halving day which makes a surge in demand and of course makes the price easy to rise.

exactly, but let us not just use the analysis of others to make our investment decisions; it might mislead us sometimes, and overconfidence actually leads to disappointment most times. We should always do our own research too and proceed with caution. With the current price, it's a pretty good time to enter the market. The price might even go below this again; we never know. So just buying a little amount and adding to my current holdings will not be a bad idea at all. If the price actually skyrockets as predicted, we will all rejoice, but if it still goes below, we will just have to continue waiting for the right time to sell.


Title: Re: Time to Hodl or buy the Dip?
Post by: Wong Gendheng on June 13, 2023, 02:26:28 PM
Seeing the current market conditions, in my opinion buying more is a good option, the best strategy is to buy when it's cheap and sell when the price is high, now the price is dip and I'm sure the end of the year the price can reach at least 2x from the current price or can touch at least $ 50k .


Title: Re: Time to Hodl or buy the Dip?
Post by: YUriy1991 on June 13, 2023, 02:31:10 PM
exactly, but let us not just use the analysis of others to make our investment decisions; it might mislead us sometimes, and overconfidence actually leads to disappointment most times. We should always do our own research too and proceed with caution. With the current price, it's a pretty good time to enter the market. The price might even go below this again; we never know. So just buying a little amount and adding to my current holdings will not be a bad idea at all. If the price actually skyrockets as predicted, we will all rejoice, but if it still goes below, we will just have to continue waiting for the right time to sell.

From the point of view of Emotional Intelligence and Decision Making Skills, good investors have the ability to manage their emotions effectively, avoiding impulsive decisions driven by fear or greed. They understand the importance of making rational decisions based on thorough analysis and long-term investment goals, rather than giving in to short-term market sentiments.

Current price position is around $25800 and I think is the ideal time to buy, according to many analysts the price will skyrocket again at the end of the year because people will prepare for the halving day which makes a surge in demand and of course makes the price easy to rise.

On the other hand, Timing plays an important role in a successful investment, including Bitcoin. A good investor has a solid understanding of market cycles and the ability to analyze market trends and indicators. They consider factors such as technical analysis, fundamental analysis and market sentiment to make decisions. Timing the market properly can lead to big profits, as entering or exiting a position at the right time can maximize profits. Therefore, being able to assess market conditions and identify potential entry and exit points is an important skill for a good Bitcoin investor.

But don't forget this either. if we notice For now even with extensive knowledge and experience, unexpected events, market handling, regulatory changes, or technological advances can have a significant impact on the performance of Bitcoin. An investor who understands very well that there are factors beyond their control and and it looks like The current market sentiment suggests a strong probability of 93.1% that the Federal Reserve will refrain from raising interest rates during tomorrow's meeting.


Title: Re: Time to Hodl or buy the Dip?
Post by: TheGreatPython on June 13, 2023, 02:31:25 PM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
It's hard to predict the floor price before the start of the bull run but since we are one year away from the next halving my strategy is to accumulate not in one buy but through intervals whenever there is a dip, I buy a small amount when there is a dip and prepare for the next dip, I have my spreadsheet to check if I've gained or lost when there is a dip or a pump.

This year is different because we are a year away from the halving so our mindset is all about accumulation but of course, you still have to implement the concept of buying low and selling high because pump and dip will still happen along the way while we are heading to the next halving.
The method that you are following, where you buy a small amount after every interval of the market dipping, is called DCA, and I believe that is the best strategy to follow in times like these where there is absolutely no certainty if where the price will move next and buying at once might be costly because the market can dip any time and if you have already bought and market dips, you will regret your decision for sure.

That is why the best thing to do for this market is to keep holding the already bought assets and keep accumulating if you have funds at different dipping intervals until you have exhausted your remaining capital and then just wait for the market to recover.


Title: Re: Time to Hodl or buy the Dip?
Post by: pooya87 on June 13, 2023, 02:39:03 PM
We have been seeing the uncertainty that I talked about in the first page of this topic a week ago. It has taken a toll on the price and has pushed it down a little and even though $25k is still holding the uncertainty translates into less purchases (less buy orders) that leaves the bears open to push the price down like this.

DCA and HODL are the best approaches still...


Title: Re: Time to Hodl or buy the Dip?
Post by: CageMabok on June 13, 2023, 03:05:48 PM
Seeing the current market conditions, in my opinion buying more is a good option, the best strategy is to buy when it's cheap and sell when the price is high, now the price is dip and I'm sure the end of the year the price can reach at least 2x from the current price or can touch at least $ 50k .

Have you used this strategy yourself so far? because there are also some people who only like to talk about strategies for other people while they have never carried out any strategy in terms of buying. I won't respond to the price you said, even though it's still uncertain, but it is possible that it could happen if economic conditions and the crypto space get better without being hampered by any problems. Indeed, price reductions are a very good thing to take advantage of, but everyone also has to have greater patience after buying because those who have bought directly, of course, always expect that increases can occur more quickly in the market.


Title: Re: Time to Hodl or buy the Dip?
Post by: uswa56 on June 13, 2023, 03:13:41 PM
If we have the principle of profit then the best thing is to buy when it is dip and hold, many investors are successful and rich because they can be patient, but vice versa for a loser he will immediately sell when he gets a small profit, even when the price drops significantly then they immediately sell for fear that the market will not be able to rise again.
being patient is the most important thing in my opinion, we will not know when the price is the lowest point, sometimes we have tried to buy the price is experiencing a decline but when we have bought the price is decreasing so therefore if you want to take profits you have to be patient.
however, we also have to know the type of coin and the possibilities for the future when we hold it, if it's a coin with a lot of interest or high volume then holding is the best thing.

As in June, the market price is undergoing a correction, at a time like this I think buying the top coins and holding them for a long time will make it possible to get big profits.


Title: Re: Time to Hodl or buy the Dip?
Post by: SaveOurSea on June 13, 2023, 04:06:42 PM
If we have the principle of profit then the best thing is to buy when it is dip and hold, many investors are successful and rich because they can be patient, but vice versa for a loser he will immediately sell when he gets a small profit, even when the price drops significantly then they immediately sell for fear that the market will not be able to rise again.
Hold does not always end in profit because the price of crypto currency cannot be certain,
even though you have done TA but the crypto market will change direction if that happens,
look at this time even though 2024 will be bullish but prices will still be bearish including altcoins.


Title: Re: Time to Hodl or buy the Dip?
Post by: Vinaa77 on June 13, 2023, 04:10:50 PM
If we have the principle of profit then the best thing is to buy when it is dip and hold, many investors are successful and rich because they can be patient, but vice versa for a loser he will immediately sell when he gets a small profit, even when the price drops significantly then they immediately sell for fear that the market will not be able to rise again.

Most of them buy during the Dip and some are still Hold in the current conditions, but what we do now we prefer to buy during the Dip situation, and to be honest we use the DCA technique in this case, Big investors I think they prefer to pile on today and starting from the price that was corrected yesterday in the market, and this also depends on the principles of an investor.


Title: Re: Time to Hodl or buy the Dip?
Post by: $crypto$ on June 13, 2023, 04:33:07 PM
If we have the principle of profit then the best thing is to buy when it is dip and hold, many investors are successful and rich because they can be patient, but vice versa for a loser he will immediately sell when he gets a small profit, even when the price drops significantly then they immediately sell for fear that the market will not be able to rise again.
Most of them buy during the Dip and some are still Hold in the current conditions, but what we do now we prefer to buy during the Dip situation, and to be honest we use the DCA technique in this case, Big investors I think they prefer to pile on today and starting from the price that was corrected yesterday in the market, and this also depends on the principles of an investor.
The DCA technique is indeed the simplest that we need to do is to buy every money we have, by wanting to buy directly for those who have prepared large funds for a buy dip, but the DCA technique is the easiest, with only $20/week it is more than enough as long as can be for the long term then it is the best way of investment.

I think many investors are taking advantage of the market situation being attacked by FUD where the best moment is for them to buy with those they want and then hold for the long term, some of them increase their portfolio when it is corrected.


Title: Re: Time to Hodl or buy the Dip?
Post by: imamusma on June 13, 2023, 04:45:21 PM
-
The problem is that when you are a rich person you can afford to wait, when you are a poor person it is harder to wait. The trouble is that if you have millions of dollars, blocking a million in bitcoin won't hurt you, but when I put all my savings into bitcoin, I fear what's going to happen.
The basic principle is, don't invest all your money in anything if you don't have a reserve budget. This budget is intended to avoid failure in your investment plan, especially when you experience sudden financial constraints. So even though we have a high interest in investing, having a reserve budget must also be considered.

Whales also have this kind of planning even though they have invested a large amount of money in bitcoins. They have sufficient reserves for other needs, so they are still safe with their investment plan. We can adopt that advice for an investment plan and it will be very useful.

Thankfully I do not sell and run, because I learned to be better than that but it took me time to be like this, I am lucky that I have invested into bitcoin early, and learned more about it, newbies don't have that chance.
You are lucky about time, but maybe not so about how much you have made. Perhaps some of the people who came into bitcoin after 2017 are far better able to understand bitcoin and its market than those who have been here since 2015, so there is no set standard by which to judge who is more successful. Everyone can be like that, including newbies.


Title: Re: Time to Hodl or buy the Dip?
Post by: Paul Pogba on June 14, 2023, 06:19:29 AM
Both of which are things we have to do, hold and continue to buy when the price is dipping like it is now, it is undeniable that the price of bitcoin will continue to rise because the number of users and transaction volume continues to increase, moreover that soon there will be a halving day which makes the price will rise.


Title: Re: Time to Hodl or buy the Dip?
Post by: mich on June 14, 2023, 06:20:08 AM
When it comes to knowing when to buy or when to hodl, it is my opinion that there is not any certain answer to this question. I have been very wrong so much for my price predictions so now I am just going to hold on and see where this market goes.

My experience with buying and holding is that for the most part of this it is luck. We make these decisions mostly on speculation of what the price will do. There is too many times I did buy the dip and then had big regrets when it dipped down more.


Title: Re: Time to Hodl or buy the Dip?
Post by: SaveOurSea on June 14, 2023, 09:00:18 AM
Both of which are things we have to do, hold and continue to buy when the price is dipping like it is now, it is undeniable that the price of bitcoin will continue to rise because the number of users and transaction volume continues to increase, moreover that soon there will be a halving day which makes the price will rise.

Just be patient if you want to hold altcoins and get more profit you have to be patient,
soon we will enter the bullish season, because we have been in a bear market for 2 years,
surely cycle cycle transition always occur in the crypto market and don't look away from the altcoins that we hold,


Title: Re: Time to Hodl or buy the Dip?
Post by: Questat on June 14, 2023, 12:04:16 PM
Both of which are things we have to do, hold and continue to buy when the price is dipping like it is now, it is undeniable that the price of bitcoin will continue to rise because the number of users and transaction volume continues to increase, moreover that soon there will be a halving day which makes the price will rise.

Just be patient if you want to hold altcoins and get more profit you have to be patient,
soon we will enter the bullish season, because we have been in a bear market for 2 years,
surely cycle cycle transition always occur in the crypto market and don't look away from the altcoins that we hold,
Just be sure that we are holding altcoins that are definitely profitable, not those cheap coins.
However, I don't just suggest keeping only altcoins but also Bitcoin. And that is right, we need to extend our patience it was necessary and one way to earn more is by selling our coins at the right time (bull run). And this is only possible if we are able to wait for it but I don't think it was easy and simple if we don't have uncertainties in mind. This is the reason why we should know how to combat our fair and must increase the level of trust towards the market.


Title: Re: Time to Hodl or buy the Dip?
Post by: Ojima-ojo on June 14, 2023, 03:49:17 PM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
Are we in a bear market?


I don't think so considering the price bitcoin entered the year 2022 with is obvious that the current bitcoin price is in a recovery stage that the price must pass through and at that, we must be careful not to pronounce any market direction yet because when bitcoin rosed to $31k price we all speculated it backward correction which is what we are seeing now.


We may have the possibility of seeing Bitcoin more discounted price before the next Bitcoin halving, but then I think we must keep holding our current stars because we don't know how deep the current recovery will go, and at that, we need to have constantly balanced portfolio in case the market swing to the opposite with high proportion, bitcoin volatilities caught across many faces.



Title: Re: Time to Hodl or buy the Dip?
Post by: JoyMarsha on June 14, 2023, 07:07:16 PM
If we have the principle of profit then the best thing is to buy when it is dip and hold, many investors are successful and rich because they can be patient, but vice versa for a loser he will immediately sell when he gets a small profit, even when the price drops significantly then they immediately sell for fear that the market will not be able to rise again.
Someone who invests in crypto needs to be patient and intelligent. The cryptocurrency market, in my opinion, is now going to be long-ride-bearish. As a result, not everyone has the patience to wait for significant rewards and control their emotions when the coins they purchased experience sharp price declines. Investors should continue investing with their spare cash and employ the DCA approach; they shouldn't keep investing because they perceive the market to be in a bearish state and invest more than they bargained for


Title: Re: Time to Hodl or buy the Dip?
Post by: BITCOIN4X on June 14, 2023, 08:09:09 PM
When it comes to knowing when to buy or when to hodl, it is my opinion that there is not any certain answer to this question. I have been very wrong so much for my price predictions so now I am just going to hold on and see where this market goes.

My experience with buying and holding is that for the most part of this it is luck. We make these decisions mostly on speculation of what the price will do. There is too many times I did buy the dip and then had big regrets when it dipped down more.
Why don't you combine your strategy with DCA? I think it's a good combination strategy if you buy on the dip.
DCA allows you to have a budget if the price drops after a dip, so you can buy again. DCA has also been suggested instead of spend all your budget into a lump sum purchase, so I guess it's good for any investor to adopt.

Buy and hold during this year to 2025 is a good plan. I believe halving will give me worth it returns, so I need to prepare this investment portfolio as well and as safely as possible.


Title: Re: Time to Hodl or buy the Dip?
Post by: robattfield on June 14, 2023, 08:40:09 PM
If you already hold Bitcoin purchased at a higher price, hodling can be a viable option if you believe in the asset's long-term potential and are comfortable with the potential for short-term volatility. On the other hand, if you haven't invested in Bitcoin and are considering buying in the $20k to $25k price range, then consider carefully before making any investment decisions. It is very difficult to time the market perfectly, so the best option is still DCA.


Title: Re: Time to Hodl or buy the Dip?
Post by: Nwada001 on June 14, 2023, 10:28:01 PM
If you already hold Bitcoin purchased at a higher price, hodling can be a viable option if you believe in the asset's long-term potential and are comfortable with the potential for short-term volatility. On the other hand, if you haven't invested in Bitcoin and are considering buying in the $20k to $25k price range, then consider carefully before making any investment decisions. It is very difficult to time the market perfectly, so the best option is still DCA.

Even with the DCA option, one still needs to know when to enter the market and when not to enter the market. I know no time is too early, and no time is also too late to buy and hold. A lot of investors legs are already shaking, especially those who saw the price drop below 28k after the SEC issue with Binance and Coinbase, and they rushed to purchase with the hope that after a few days the price might eventually go back to normal and they could take home some profit. A lot of them are actually regretting their actions right now. Because of the current price of Bitcoin, they could have accumulated more instead of the amount they bought in the early days of the week.
Unless it's for a long time, it's always advisable for one to always keep in mind and be cautious of when he or she will enter the market in order not to fall into the trap of another dip, which might turn out to be a regret for them.


Title: Re: Time to Hodl or buy the Dip?
Post by: Ngemmeng on June 14, 2023, 10:47:05 PM
When talking about bitcoin, I will definitely say "yes", because bitcoin is the most popular cryptocurrency and the price of bitcoin is currently relatively low and very suitable for long-term investment. but when talking about "dip" I also want to recommend MATIC because in yesterday's price drop the price of MATIC dropped dramatically compared to bitcoin and other big atcoins, so I think this is the right time to buy MATIC.


Title: Re: Time to Hodl or buy the Dip?
Post by: Dr.Bitcoin_Strange on June 15, 2023, 09:01:52 AM
but when talking about "dip" I also want to recommend MATIC because in yesterday's price drop the price of MATIC dropped dramatically compared to bitcoin and other big atcoins, so I think this is the right time to buy MATIC.

On this board, we are not discussing altcoins. By the way, that's not even what the OP is talking about; if you want to discuss altcoins, kindly go to the altcoin board and do so. I'm not sure you read the OP; if you do, I say you don't understand what you read.


Title: Re: Time to Hodl or buy the Dip?
Post by: Weawant on June 15, 2023, 09:46:46 AM
When talking about bitcoin, I will definitely say "yes", because bitcoin is the most popular cryptocurrency and the price of bitcoin is currently relatively low and very suitable for long-term investment. but when talking about "dip" I also want to recommend MATIC because in yesterday's price drop the price of MATIC dropped dramatically compared to bitcoin and other big atcoins, so I think this is the right time to buy MATIC.

Matic price dip more than other altcoins because it's among one the tokens been targetted by SEC. I will stay away from buying it because the price might dip further. I don't think the correction is over, we might see more dips if Bitcoin retest $20,00 before month ending.

During time of heavy bloodbath in the market, it's no wise to buy altcoins because you don't know if they'll dip further or be able to recover from the dip. Altcoins rely on Bitcoin which means if bitcoin was to continue falling then altcoins will follow as well.

Although this isn't the altcoins board to discuss other cryptocurrency that isn't bitcoin but still we can make mention of them in discussion. Therefore I don't see any problem with what the op did by making mention of matic but I won't invest in it not at this moment particularly.


Title: Re: Time to Hodl or buy the Dip?
Post by: Chainsmokers on June 15, 2023, 11:41:33 AM
but when talking about "dip" I also want to recommend MATIC because in yesterday's price drop the price of MATIC dropped dramatically compared to bitcoin and other big atcoins, so I think this is the right time to buy MATIC.

On this board, we are not discussing altcoins. By the way, that's not even what the OP is talking about; if you want to discuss altcoins, kindly go to the altcoin board and do so. I'm not sure you read the OP; if you do, I say you don't understand what you read.

OP didn't explain clearly whether he would hold or buy? because the OP mentioned the
bitcoin market cap and the price of Bitcoin $ 25k, if the OP said this is the right time to buy or hold Bitcoin of course we can understand,
but here I think there is no problem recommending altcoins.

Bitcoin has indeed hit $25k and now the market looks bearish,
for now you can hold first if panic sell occurs dump to $ 20k and even support is broken, then you better sell and buy at the bottom again.


Title: Re: Time to Hodl or buy the Dip?
Post by: Dr.Bitcoin_Strange on June 15, 2023, 05:24:04 PM
OP didn't explain clearly whether he would hold or buy? because the OP mentioned the
bitcoin market cap and the price of Bitcoin $ 25k, if the OP said this is the right time to buy or hold Bitcoin of course we can understand, but here I think there is no problem recommending altcoins.

You lead me through going back to re-read the OP, which I can clearly see and also believe is just referring to Bitcoin here. Please, someone should also correct me if I am wrong. It's not wrong to chip-in on the talk about altcoins just as you have said, but here, the OP is not talking about them. which is better to respect that rather than going off point in his comment. You can read OP again below.

With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?


Title: Re: Time to Hodl or buy the Dip?
Post by: Natalim on June 15, 2023, 09:33:47 PM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
Might say that the market cap really matters to some people like you but for me (and many others), the current price and market situation matters a lot. Because Bitcoin will certainly grow and increase in price in the future due to increasing demand and users. The future of Bitcoin doesn't rely on the market cap but on the community who supports this project. In fact, many FUDs spread on the internet, and many government issues about banning Bitcoin, as we can see it even gained more supporters and users.

That is why I encourage those who have not yet buy Bitcoin, we have the chance but for those who have already, hold or just buy more.


Title: Re: Time to Hodl or buy the Dip?
Post by: MFahad on June 18, 2023, 07:22:39 PM
Buying is indeed best in bear market but never forget about the idea of buying everytime that you have funds .
Because our chance  is always there as long as we are willing to keep holding at least for certain time. 

This is true because if you have money and you wait for the market to lower so when the market downs and you have spend that money then how you will pit that amount in Bitcoin, in this case you will miss the opportunity to be a bitcoin investor.

The better way is that whenever you have some amount of money then surely put that sum into bitcoin because bitcoin can never disappoint you as you know that for some time bitcoin will show down price but surely one day you will be proud of your decision by examining your success.

If a person wants to make investment in some other coins then waiting for lower price is not a bad option but for bitcoin investor every single moment is the best to put money in Bitcoin as its price increases year by year.


Title: Re: Time to Hodl or buy the Dip?
Post by: ShowOff on June 18, 2023, 08:41:45 PM
This is true because if you have money and you wait for the market to lower so when the market downs and you have spend that money then how you will pit that amount in Bitcoin, in this case you will miss the opportunity to be a bitcoin investor.

The better way is that whenever you have some amount of money then surely put that sum into bitcoin because bitcoin can never disappoint you as you know that for some time bitcoin will show down price but surely one day you will be proud of your decision by examining your success.

If a person wants to make investment in some other coins then waiting for lower price is not a bad option but for bitcoin investor every single moment is the best to put money in Bitcoin as its price increases year by year.

They can wait for prices to go lower, but only if they know when to wait. Here analysis is needed to support the strategy, so it's not always a good idea to buy anytime and at any price if you have a budget. You could make the wrong decision by buying at the peak of the increase, while you no longer have a budget when the price is actually experiencing a correction. So besides DCA that you can rely on, analysis is also needed.

You can diversify as much as you want. You can pick a few potential altcoin, but I think you should have a higher percentage of bitcoin than altcoin in your portfolio. Bitcoin is good as a long-term investment, but not for many altcoin.


Title: Re: Time to Hodl or buy the Dip?
Post by: MFahad on June 19, 2023, 04:57:29 PM
They can wait for prices to go lower, but only if they know when to wait. Here analysis is needed to support the strategy, so it's not always a good idea to buy anytime and at any price if you have a budget. You could make the wrong decision by buying at the peak of the increase, while you no longer have a budget when the price is actually experiencing a correction. So besides DCA that you can rely on, analysis is also needed.

You can diversify as much as you want. You can pick a few potential altcoin, but I think you should have a higher percentage of bitcoin than altcoin in your portfolio. Bitcoin is good as a long-term investment, but not for many altcoin.

Diversification is very beneficial but for those who knows better about the altcoins and can predict the price for the future through analysis. What do you think that which altcoins will be the best for future success and earning huge income?

I think that bitcoin is good as compared to the other altcoins because we have experienced its past as well as we can see its present so surely its future will also be fruitful. New altcoins are originated but we don't know that it has the potential of giving you a profit or its future will be risky. So diversification is important and profitable but knowledge is also needed about altcoin that which altcoin will be good.


Title: Re: Time to Hodl or buy the Dip?
Post by: doomloop on June 21, 2023, 01:48:03 PM
You are lucky about time, but maybe not so about how much you have made. Perhaps some of the people who came into bitcoin after 2017 are far better able to understand bitcoin and its market than those who have been here since 2015, so there is no set standard by which to judge who is more successful. Everyone can be like that, including newbies.
The basic rule of investing is to invest only what you can afford to lose. It's all up to you if you will all in or not. If you do, it's better to do it in Bitcoin because our chance to be successful in it is high than compared to other coins out there. Having a reserve budget doesn't make you immune to failures but it only help you to come back and try your luck again.

Those who discover Bitcoin early are not always lucky because there are only limited resources before. They don't know what's coming up ahead so there is a big chance that they quit but maybe some come back after sometime after knowing the true potential of these cryptocurrencies.


Title: Re: Time to Hodl or buy the Dip?
Post by: Texac on June 21, 2023, 04:03:48 PM
They can wait for prices to go lower, but only if they know when to wait. Here analysis is needed to support the strategy, so it's not always a good idea to buy anytime and at any price if you have a budget. You could make the wrong decision by buying at the peak of the increase, while you no longer have a budget when the price is actually experiencing a correction. So besides DCA that you can rely on, analysis is also needed.

You can diversify as much as you want. You can pick a few potential altcoin, but I think you should have a higher percentage of bitcoin than altcoin in your portfolio. Bitcoin is good as a long-term investment, but not for many altcoin.

Diversification is very beneficial but for those who knows better about the altcoins and can predict the price for the future through analysis. What do you think that which altcoins will be the best for future success and earning huge income?

I think that bitcoin is good as compared to the other altcoins because we have experienced its past as well as we can see its present so surely its future will also be fruitful. New altcoins are originated but we don't know that it has the potential of giving you a profit or its future will be risky. So diversification is important and profitable but knowledge is also needed about altcoin that which altcoin will be good.

If you already think bitcoin is better than altcoins, why do you need to diversify with altcoins?  this doesn't make sense with your statement and I don't think investing in altcoins is diversification.  because the altcoin market depends on bitcoin, if bitcoin falls, then no altcoin will be able to bring you a profit. investing in altcoins only increases your risk, but if you can take the risk then you have a better chance of getting a higher return.


Title: Re: Time to Hodl or buy the Dip?
Post by: ajiz138 on June 21, 2023, 04:58:38 PM
Anyone who buys when the current price is $25,000 they are already short-term profitable, when it comes to opportunities why not take the opportunity when you shouldn't ask because all we know is that $25,000 is already low and now that bitcoin has reached $30,000 more the price will probably continue to strengthen.

My opinion is to hold on to the bitcoin that you have is not much from the current increase, I believe there must be an even greater explosion to make the bitcoin pump stronger and believe that the more you are patient you will produce decent profits later.

IMO, even if you missed buying $25,000 the current price is $30,000 it's still worth buying and it's purpose is only for long term investment.


Title: Re: Time to Hodl or buy the Dip?
Post by: MFahad on June 21, 2023, 07:58:26 PM
If you already think bitcoin is better than altcoins, why do you need to diversify with altcoins?  this doesn't make sense with your statement and I don't think investing in altcoins is diversification.  because the altcoin market depends on bitcoin, if bitcoin falls, then no altcoin will be able to bring you a profit. investing in altcoins only increases your risk, but if you can take the risk then you have a better chance of getting a higher return.


Bitcoin is always better than any other coin but bitcoin price is so higher that everyone cannot afford to buy it and put money into it. As we think that bitcoin price goes down so its down but not as much as everyone will be able to buy it as its basic price is more higher.

So those who cannot afford to buy more bitcoin  should buy at least it by utlizing 10 percent of income and should also invest in some other altcoins so whenever the bitcoin goes up surely the selected altcoin will also goes up so in this situations you will have double profit.

You are right that taking risk is not a big deal as one will only be a successful person once he moves across both straight and zigzag path as in this way experience is built which can be profitable for you and those who are afraid of risk will always shy to take part in order to be successful.


Title: Re: Time to Hodl or buy the Dip?
Post by: Greyhats on June 22, 2023, 12:16:27 AM
When it’s comes to allocating what to put in this can also be variable. I would liken it to saving, at first you think you can only save eg 5% a month but over time you figure out you can do more and more. It takes time to find the balance that works for you. Then you can allocate that savings into different things like saving fiat(eg dip buying, big purchases, frivolous spending), dca(btc, stocks etc ) or whatever investments you want to do. The most important take away though is get started on your journey and figure it out as go along.



Title: Re: Time to Hodl or buy the Dip?
Post by: Bitcoin2009 on June 23, 2023, 03:31:36 PM
Of course these 2 techniques are the best, buy when dip and hold for long term, if we don't really need money then hold longer is the best option, many people regret not buying when the price is below $25k and if we don't buy immediately from now on then we will regret it because by july the price will be $40k or more.


Title: Re: Time to Hodl or buy the Dip?
Post by: kesmex on June 23, 2023, 05:18:02 PM
Of course these 2 techniques are the best, buy when dip and hold for long term, if we don't really need money then hold longer is the best option, many people regret not buying when the price is below $25k and if we don't buy immediately from now on then we will regret it because by july the price will be $40k or more.

It's great to hear that bitcoin price hit $40k in july, but how do you say that?
is there any analysis on that, of course if there is you can share it here,
because so we know whether we should hold or maybe sell.


Title: Re: Time to Hodl or buy the Dip?
Post by: Lubang Bawah on June 24, 2023, 02:12:32 PM
The simple thing that everyone can do when investing in bitcoin is to buy when it dips and then hold, if we have a big profit target then we can use spot exchanges so that after buying we can sell it by adding the profit margin we want, but if we focus on the long term then it's better to use it for staking or hold it in a private wallet.


Title: Re: Time to Hodl or buy the Dip?
Post by: ningrum on June 25, 2023, 05:59:21 PM

Hodl or buy the dip depends on ourselves, if we have a lot of money then we can buy it at the bottom,
but if you have bought it at the top price of course Hodl is a good choice, because today Bitcoin has penetrated $ 30k, it will feel sad if sell it.


Title: Re: Time to Hodl or buy the Dip?
Post by: Ricardo11 on July 27, 2023, 02:38:12 PM
We should always buy the dip and then hold. This is the best method of retention. Bitcoin will be pumped in few days. Many think the next ATH may also be gone. And as such, Bitcoin is currently in the deep end. And if this is true then I think this is the right time to buy Bitcoin.


Title: Re: Time to Hodl or buy the Dip?
Post by: Greyhats on July 27, 2023, 05:41:12 PM
Anything under the last ath is the dip. If you’re in stacking mode just think of it like that, the new ath > old Ath so anything you stacked under the last Ath will be positive.


Title: Re: Time to Hodl or buy the Dip?
Post by: ZAINmalik75 on July 29, 2023, 05:58:57 PM
do you think it is a good opportunity to Hodl or buy the Dip in the current market?
Yeh for a decent profit in Cryptocurrency you should follow both things like buy small small amount at every dip and then hold it for long term which will be beneficial to raise you portfolio.
Currently price of Bitcoin is surrounding around 29k to 30k, later which will be definitely dump down to around 28k and the possible reason is to liquidate all long positions, so the point is that market provides opportunities to buy Bitcoin at cheap after several days, no doubt buying Bitcoin at any price will always be profitable for you because Bitcoin has a history to retest his ATH and make new one, but in order to get more profits you should go for DCA instead of buying big amount at any price, one things you should keep in mind before investment use such amount of money which you can ability to lose and also those amount which has no spending need in short period because some time Bitcoin took long to recover his price so your wait can be long too for a profit.


Title: Re: Time to Hodl or buy the Dip?
Post by: Pejoh Asu on August 02, 2023, 12:08:59 PM
The market is still red and in my opinion there is still a chance to go down again, even though today it can go up more than 3% but many analysts think that the chance to fall is still big, as an investor of course the best thing is to buy gradually even with a small value, bad decision is do not sell now, be patient.


Title: Re: Time to Hodl or buy the Dip?
Post by: RewFrew on August 02, 2023, 07:27:34 PM
I think Now time to buy and hold. Now Bitcoin price comparative low. One month ago Bitcoin price was $15k-$20k. Now bitcoin price is near about $29k. But two years ago bitcoin price was $69k. In that regard we can tell now Bitcoin price is reasonable. Now time to buy. And if anyone want he can do DCA, it is best policy to invest on Bitcoin. For DCA buying price will be average. And good profit will be come within short time. If anyone now invest he will be profited as soon as possible. So anyone can invest now or can wait for more Dip. Now invest or wait for dip.


Title: Re: Time to Hodl or buy the Dip?
Post by: Sebas.tian on August 03, 2023, 05:30:03 AM
The opportunity to buy is still available in the market, because the price of Bitcoin has drop down to $28,681 few hours ago which is a sign that bear market is still on and it will be a good thing for you to be among the lucky investors that will smile when the price hit higher in the future. I don't think, is advisable for holders to sell their coins in this bearish market because the current price will not help them to make a good profits in this season but there is a hope for them to achieve a huge amount of profits before the end of this year 2023. Try everything possible in this season not to sell than to continue holding, because the way the price of Bitcoin is moving show that the price will definitely hit back $50,000 soon to allow long holders to experience huge amount of money in their holding.


Title: Re: Time to Hodl or buy the Dip?
Post by: uswa56 on August 03, 2023, 08:23:21 AM
The opportunity to buy is still available in the market, because the price of Bitcoin has drop down to $28,681 few hours ago which is a sign that bear market is still on and it will be a good thing for you to be among the lucky investors that will smile when the price hit higher in the future. I don't think, is advisable for holders to sell their coins in this bearish market because the current price will not help them to make a good profits in this season but there is a hope for them to achieve a huge amount of profits before the end of this year 2023. Try everything possible in this season not to sell than to continue holding, because the way the price of Bitcoin is moving show that the price will definitely hit back $50,000 soon to allow long holders to experience huge amount of money in their holding.
to be able to reach a price of $ 50k this year in my opinion is very difficult, in the last few days the price of Bitcoin has decreased slowly and that is very reasonable in my opinion because it has happened several times this year and we do not know how far this correction will continue.
If to buy and invest in the long term, I think this is still a very good time, I have no doubt that it is for the future/long term.

And it's true, it is recommended not to sell when the market is bearish like before, because it is possible that this will pass and we will see a positive trend again.


Title: Re: Time to Hodl or buy the Dip?
Post by: Wong Gendheng on August 04, 2023, 01:56:34 PM
The best strategy when the market is like now is to continue to buy, don't ever think panic when you see the market situation is red because the trend that often occurs is the market immediately rising again, moreover many analysts believe that the end of the year the price can reach $ 60k or 200% level rather than now so there is nothing more profitable than continuing to buy.


Title: Re: Time to Hodl or buy the Dip?
Post by: jaberwock on August 04, 2023, 04:45:01 PM
to be able to reach a price of $ 50k this year in my opinion is very difficult, in the last few days the price of Bitcoin has decreased slowly and that is very reasonable in my opinion because it has happened several times this year and we do not know how far this correction will continue.
If to buy and invest in the long term, I think this is still a very good time, I have no doubt that it is for the future/long term.

And it's true, it is recommended not to sell when the market is bearish like before, because it is possible that this will pass and we will see a positive trend again.
That is almost always the case and people who think otherwise are making a big mistake. Remember that we are living in a crypto world that is doing as fine as possible and that is why there is nothing wrong with having this kind of business. I get that it will not be simple and we are going to end up being good enough, but that's just the situation we are in right now and shouldn't be worried about it at all.

I get that people could end up being a bit more relax about it, and not really end up with any trouble at all, but there are ones who keep worrying as well. Buy right now, hold for a few years, and you will see how much profit you will make, during that period we may end up with not that great periods, but the result will be profit.


Title: Re: Time to Hodl or buy the Dip?
Post by: Bitcoin_people on August 07, 2023, 09:31:59 AM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
Yes, of course, if we buy and hold the current position of the market, we will get a good amount of profit later. We have seen the Bitcoin market once peaked when the market was in a bull market, but now it has gone down a lot. But currently we have seen that is close to $30k dollars but earlier Bitcoin price was around $15k dollars. But this bear market has now turned into a bull market again since the market does not stay in the same position forever, we will definitely see a bull market again. But we know the Bitcoin market basically halves every four years and then the bull market. So if we invest from the position we are currently in and wait till the bull market, we will surely get a good profit.


Title: Re: Time to Hodl or buy the Dip?
Post by: savetheFORUM on August 08, 2023, 05:02:10 AM
The market is still red and in my opinion there is still a chance to go down again, even though today it can go up more than 3% but many analysts think that the chance to fall is still big, as an investor of course the best thing is to buy gradually even with a small value, bad decision is do not sell now, be patient.
A green or red market doesn't always indicate that a market is going up or down, it might be red but still recovering from a recent dip, so we shouldn't think that the market will drop more just because it is still red. But, if you have been watching the market closely, you might know which way it's moving and if you have seen it going down, you might be right that it will drop more but since it is totally unpredictable, it can change direction any time.

Doing DCA (Dollar Cost Averaging) is definitely the best way to go about a market like the current, because as you said, it might go down a little bit, but it can go up again quickly or it might not, so to be prepared to any outcome that market might throw at us, we should be ready all the time.


Title: Re: Time to Hodl or buy the Dip?
Post by: YUriy1991 on August 08, 2023, 06:37:31 AM
The market is still red and in my opinion there is still a chance to go down again, even though today it can go up more than 3% but many analysts think that the chance to fall is still big, as an investor of course the best thing is to buy gradually even with a small value, bad decision is do not sell now, be patient.
A green or red market doesn't always indicate that a market is going up or down, it might be red but still recovering from a recent dip, so we shouldn't think that the market will drop more just because it is still red. But, if you have been watching the market closely, you might know which way it's moving and if you have seen it going down, you might be right that it will drop more but since it is totally unpredictable, it can change direction any time.

Doing DCA (Dollar Cost Averaging) is definitely the best way to go about a market like the current, because as you said, it might go down a little bit, but it can go up again quickly or it might not, so to be prepared to any outcome that market might throw at us, we should be ready all the time.

That's right like you say. Apart from that Dollar Cost Averaging, Safe Investment Steps for Beginners who often still find it difficult to determine when to start entering the market and when it is best to sell it. The task is simple, just dividing our investment funds into several times. For example, on a weekly, monthly or every certain period and adjusting the amount of initial capital. and not only in the crypto world but can be used Starting from stocks, gold, P2P lending, to mutual funds.


Title: Re: Time to Hodl or buy the Dip?
Post by: bestcoins1 on August 08, 2023, 08:49:23 AM
The best strategy when the market is like now is to continue to buy, don't ever think panic when you see the market situation is red because the trend that often occurs is the market immediately rising again, moreover many analysts believe that the end of the year the price can reach $ 60k or 200% level rather than now so there is nothing more profitable than continuing to buy.
If you believe that the price level will reach 200%, it means that the Bitcoin price will exceed $60K. Actually it's not a problem that it's impossible to achieve, but I'm more looking at the duration that is very close if it is said for the end of this year. You yourself can also see the fact that is happening that to increase by just 50% from the current price is still very difficult, especially for the 200% level which is generally very large if you take the benchmark from the current price. Although I would prefer to keep buying at the current price and expect an increase at the end of the year to a certain level.


Title: Re: Time to Hodl or buy the Dip?
Post by: flyingcarpet on August 08, 2023, 12:21:03 PM
The best strategy when the market is like now is to continue to buy, don't ever think panic when you see the market situation is red because the trend that often occurs is the market immediately rising again, moreover many analysts believe that the end of the year the price can reach $ 60k or 200% level rather than now so there is nothing more profitable than continuing to buy.
If you believe that the price level will reach 200%, it means that the Bitcoin price will exceed $60K. Actually it's not a problem that it's impossible to achieve, but I'm more looking at the duration that is very close if it is said for the end of this year. You yourself can also see the fact that is happening that to increase by just 50% from the current price is still very difficult, especially for the 200% level which is generally very large if you take the benchmark from the current price. Although I would prefer to keep buying at the current price and expect an increase at the end of the year to a certain level.

In order for an increase of 200% to occur, there must be many positive things in the market. Considering the situation in the world economy, this does not seem possible. We don't have any other data from Halving. I'm talking about data we can trust.

Current levels provide opportunities for buying. Even if it continues like this for a while or if there is a decrease in price, it still means a buying opportunity. We are all waiting for the price to go up and it will start to go up after a while. It is necessary to evaluate this time and buy Bitcoin.