Bitcoin Forum

Introduction:
Bitcoin is a digital currency that can be used in different ways, both in buying and selling of goods through per-to-per transfer and also in investment which many users of bitcoin are interested. People invest in bitcoin because it flustrates in price either the bearish that people buy and in the bull that they sell. Bitcoin also trend in the eco-space that everyone who is good in the latest technological ideas in the world key into it. Therefore, I should not be exempted for joining the trend and start my journey. I am also aware of the risk that is involved but that will not be an excused to the journey. What's matter is the determination. The price of bitcoin is unpredictable but yet people guest it correctly. Bravo for those guys.
For the crypto space, some people prefer trading to investment while some prefer investment to trading which I might also fall unto and some are for mining.

I wanted to start my bitcoin investment journey but I look at it that the price is still high to start the investment and I am waiting for the price to go down to $20k to $25k or below. Is that a procrastination? If yes, when is the best time to start the journey? Now that the price is still high? Will bitcoin go down again? The way it stand, it looks like it would not go down again until the next halvining and the bull to come. Bitcoin price was good to invest last year which was $16k to $19k but I was not having cash to start the journey but now that I have small cash let me start the investment.
Bitcoin start the year 2023 with a good price and the price in in this year is much more better than last year 2022 and those who invested last year 2023 would not say that this year do does not favour them. And we have spent 7 month in this year and the price of bitcoin right now is $30,277 that is, the price is sliding down compare to last week. So where do you think the price of bitcoin will end for the bear market before this year will end?

As it is said, bitcoin price rised to $20+k from late last year after the bear market and in  this year the price rises to $31k, so what is your speculation on the price before the end of the year?

Here's a simple way to know if you should buy now or wait for the dip, if you are already hodling a substantial amount of bitcoin, it's in your best interest to wait for the dip to happen but if you don't have any substantial amount of bitcoin or no bitcoin at all then it benefits you that you get in now than later because waiting for something to happen will end up with you just waiting until it's too late and then you get in the peak and lose most of your investment because the price starts correcting after the hype. Regarding waiting for dip, that's subjective so you need to set a price that you're comfortable buying.

Right now we are at a crux. The perceived catalysts of a Bitcoin ETF, XRP being deemed not a security, the support from the US corporations and wall street with the planned launch of EDX markets...it all seems like up is the only way. Though let's not forget, Rome was not built in a day. While there has been some great price action among BTC and alts, what's left to push the price up? Definitely not these pieces of news coming into play tomorrow, or even in a month for that matter. These will take time. Will speculation drive the price?

My opinion is that the best way to cater for both directions, is to DCA. We are still in a dip from ATH, so you're still buying the dip at 30k when you zoom out the chart. If I were to comment on where we are headed, I like to look at 2019. A recovery from the dip before sideways action even until after the halving. However, I think that there is much more demand since then and that the next run will be expedited if nothing major gets in its way.

It's hard when you don't have trading principles. What do you expect with investments? Advantage.  Maybe for beginners today the price is very expensive. But if you know the price of Bitcoin has ever been higher than today. In addition, many people believe there will be a price higher than the highest price ever. If you believe this, do you still have doubts? Indeed, investing takes a lot of consideration, but if you are afraid you will never start. Start with the technical that you think is the best position, then use your position to increase the amount of BTC or your money by trading. In addition, you must understand the bad risks that you will get, you must be able to accept it.

25k to 28k range is a good buying target, it could happen soon and maybe it will be the last dump who knows? But I will like to ask why now? Where are you when it was 15,000$ and 17,000$ because that was a very good buying opportunity,  I am still doing my gradual DCA but I went heavy on 15k more than 17k range, and now that it's 30k I still DCA with lower amount of money, it will feel wrong to not have any more money when unexpected dumps happen, which is possible.

You got to be prepared just in case, my advice is you should keep buying small amount of Bitcoin depending on what you have and hope that a better dip will come .

The bull market is one of the most targeted opportunities that almost every holder would like to participate of because the market will pump well for their profitabilities, now we can still accept that we are on the dip for bow if we can put in consideration of where bitcoin was sometimes last year and how it has reached it's all time high of $68,000 we are now a long way far from this ATH and this implies that we are still in the dip market season, but next year will mark another major opportunity for bitcoin market to surge higher and mark a new ATH which we believed can get upto $150 or above during the event of halving next year, if you can hodl then still maintain the decision for buying now and hodl.

You are asking the wrong questions, the real question is why should you expect a drop in first place and why $20k to $25k and why not some other numbers?
You see there is a difference between analyzing the market and making an educated speculation about a drop then waiting for it to happen and to hope for a drop to make more profit then waiting for that instead!

For now price is fluctuating and is going sideways, we have no reason to expect any major rises or drops until the situation changes and we get more solid signals.

That is not what "sliding down" looks like. Sliding down would have been if price were $31k then $30k then $29k and so on. Not when it was $29k going to $31k then to $30k then to $31k. That is called going sideways and it is not a bear market, it is between bear and bull markets.
It is very difficult to predict when a sideways trend is going to end and it is hard to know if it leads to a bull run or a bear run although usually it is leading to a bull run.

I think it is better to start now than wait for a price drop that you are not sure of, because I don't think the price of Bitcoin is predictable, just as you said; moreover, since we have been in the bear market for more than a year now, the price of Bitcoin is expected to keep going up, not down, since we expect Bitcoin to halve next year in 2024.

Advisably, buy now if you have the money because it might be too late when the price starts shooting up.

I hope Bitcoin price will be able to go above $50k before the end of this year 2023, so that we can keep our hope and expectation of Bitcoin price going at least $100k and above during halving.

it is okay to buy bitcoin anytime as long as you sell it at higher price. I think buy bitcoin now is a good decision, because day by day we near to halving time. this event really has big effect on bitcoin market. I divide bitcoin trend cycle in few phases just to ease me in bitcoin and altcoin trading, bitcoin price really affect some of altcoin price. I call bitcoin market trend today as healing phase where we will see bitcoin price is tend to rise although there is still volatility on it. next phase is pump. but that is just my personal opinion, it's not really correct.

The worst thing that can happen to a man is procrastination, it's either you buy now or regret later. Earlier this year Bitcoin market price started off at $15k and it pushed through $20k & $25k and now settling at $30k, so as you can see whether you agree with me or not the chart is actually gaining momentum. Grabbing a bag right now would be a good idea as it's is not too late. We are just less than a year to the Bitcoin halving and it is predicted that Bitcoin might hit $120k - $150k in the next bull run, so you would still be in profit. But if you are actually waiting to see if the chart would go downward to $20k - $25k price mark, that might not happen and you would be filled with regret when you later realize that you've missed the $30k price mark.

The best time to invest in Bitcoin when you're already understand about Bitcoin, it's mean the reason why you create this thread is you still not completely understand about Bitcoin because someone who's know about Bitcoin wouldn't create this thread ans asking other people when is the right time.

It's similar like someone say education is useless, you need to school and get education first to know education is useless.

When it comes to buying a coin/token, you don't need to take advice from anyone before making such decision. The decision of whether to buy or not solely lies with you, and it's up to you to decide.

Will you know when the bitcoin price will drop again?
Are you investing in bitcoin for the long term?

Why think about the price drop that we already know that now is the right price, right? $30K for me is still quite realistic to start investing instead of you regretting the price of bitcoin will continue to rise slowly, it's better to use the DCA method you can buy bitcoin at an average price and that's a better way than waiting for the price to drop while we don't know if it will drop again.

I am above the price of $ 30K will continue to buy by DCA, at least once a week, or once every two weeks, even once a month how to see from the financial flow.

You know what might be the possible way for Bitcoin to reach the price that you just said. If SEC will reject Blackrock their filing of a Bitcoin spot ETF.
What are the chance of Blackrock being rejected? Out of 570+ times that they requested, they failed only 1 in the whole history of the company. On the other hand, even though Blackrock has only 1 rejection, the chances of them getting a success with the Spot Bitcoin ETF is 50/50 still.

Is that procrastination? I don't think so, but I would rather call it waiting for the perfect time to buy. The question is "Will it go down to that price?" Will it go down again? It will all depend on the decision of the SEC with regards to Blackrock's petition to file for a Spot Bitcoin ETF. I believe their decision will have a huge impact towards the price of Bitcoin not only for the short term, but in long term as well.

My price speculation before the end of the year. I'm a bit bullish with Bitcoin after what happened in the first half of the year, so my prediction is at around $45,000-$50,000, but I will not be surprised though if it goes higher than that price.

The bitcoin price rises after 4 years after the last rise. Thus we expect the price of the bitcoin to start to rise at the end of this year 2023 and fall in 2025. My advice is to buy bitcoin is the price becomes higher than 32 000 USD for 1 Bitcoin.  In 2025 we expect the price for 1 Bitcoin to be approximately 150 000 USD before falling to 50 000 USD.

What I am afraid of (for the Bitcoin price) are the quantum computers. I am a physicist engineer not an IT specialist. What I know is that knowing the public key and using a quantum computer one could derive the private key.

Bitcoin can't be predicted,  waiting for the price to fall down to the amount of your wish can be something that may not happen  and you will miss  the opportunity.  It can call also be a surprise to you that the price will keep on increasing to the amount which will make you to regret to say if you has known you would have bought in Current price of bitcoin. One of retractable mistakes people usually make is to be waiting for a price to fall down to an amount that is okay for them. The price of bitcoin now is not that expensive , if I'm to be you I'll buy the amount I can afford to lose,  because waiting to fall can something that won't happen.
No one can tell exactly what will happen to the price. The lack of money has always been a challenge why people can't afford bitcoin when the price is low. But if you really  want invest bitcoin,  hodl Bitcoin, and you have the money to buy bitcoin now, the price of bitcoin shouldn't be a reason for you to miss another opportunity.

There are various strategies that can help you to actually benefit from the Bitcoin environment. If you can buy at a low and sell at a high, you will always have an advantage. If the price is falling, you can also add to the existing asset you already own. When it comes to the Bitcoin market, one needs to be wise and take advantage of opportunities. It may be risky, but if you manage it properly, it will undoubtedly be profitable.  and bitcoin is the driving force of all altcoins so anything that affects Bitcoin affects other coins, when you are in this game you have to learn how to play well.  

Before buying Bitcoin it is necessary to keep in mind that Bitcoin is a long-term hold. otherwise whether you buy on dip or buy on high price neither will give you high profit. If you can hold for long time then there will be no problem if you buy bitcoin at high price because bitcoin price will surely go up and make new ATH and when it does bitcoin will go above 68K again. So in this case you don't have to take advice from anyone about any kind of decision. you can buy bitcoins yourself and start holding them at any time

I think you should buy now because there will be no more chances that the price will gonna raise more in the upcoming months since we are now officially a few months more before another bitcoin halving which we already know will be the reason for the price to rise again or even create another ATH just like last time. Therefore you only need to decide right now if you have all the means to invest then you could start now or else there will be no turning back once the price will not be the same. You can also try your luck and wait if the price will gonna decrease in the days to come and maybe that will be the best time to buy bitcoins and hold it until you want.

Predicting future events for BTC, no one can predict it 100%. True, it takes a lot of data that has to be juxtaposed to get the level of accuracy. not to mention the market is very volatile. From me, but this is just filing. BTC for this year, must at least exceed 50K first, then it's easy to see it again

I don't think BTC will drop below $30k this time. I mean, you should make your own decision, I'm just sharing my opinion. I'm buying it now to be prepared for the pump.

Many people ask when should they start investing in Bitcoin? Is it necessary to wait for the price to drop even more? is it necessary to wait any longer? but while they were waiting for that moment, the price of Bitcoin increased and they missed the moment. So while you have the chance, grab it, don't wait any longer. Regarding whether your investment will decrease or not, you should already understand that the price of Bitcoin is not always below. As long as you don't sell what you hold, you don't lose.

Waiting is the most boring thing for me, if you can do it now why should you postpone it. I really understand your goal of wanting to start investing in Bitcoin just to get profit when the price increases, this fact is indisputable and even more senior people have the same goal. Today the price of Bitcoin is at the level of $ 30,282, maybe very expensive for those of you who are just starting to invest so you want the price to be even lower to enter the market. In fact Bitcoin once hit an all-time high of $64,804, today's price would be cheap in comparison to the ATH record Bitcoin has ever broken. When you start to believe in the potential that Bitcoin has, why wait until the price is low.

The market is always looking very difficult for me to understand and I am still looking for how I can understand the market. I do see people talking about Bitcoin investment and trading but I will like to know how to do all these things.
 How can I invest without getting any loses as an investor? Pardon me if my question might look strange.

I recommend invest with small amount like 20% of total the money you have, i thought that make you feel comfortable than you invest your money in huge amount, targeted coin on Top 1-50 and after you bought coin you should have a target for profit what you want around 5%-10% or more. Don't be greedy if you have been profit, out of the market at right time before going down, especially never do cut loss if you want don't loss your money due to we never know of market situation at this phase bear market

No matter what the current price is, people always think there will be better opportunities to either buy or sell. It's a vicious circle. I am not sure why you believe the price will drop to $20-25k. If the value drops to $25k, you will be waiting for $20k. If it drops to $20k, you might think it's better to wait until $15k. Too much waiting, and you'll miss the train. If you have money to invest and you are willing to do it, go ahead. It's the same when you are selling. If you have made some profits that you are satisfied with, dump your bags and get back in the game with the next cycle. 

What OP missed is now gone but OP can still buy around the 28k range like you said and I'm bullish on bitcoin crossing over 35k USD before October.
Rather than beating up what happened in the past OP should consider making an investment that he can afford to lose.

You are right, actually such a thought or strategy is like a loser who always expects the bitcoin price to drop lower to execute it. They don't think because some people or investors would expect the opposite and they hope that the bitcoin price will not go back down and their big hope is that the bitcoin price will continue to be bullish.
Be a smart investor by buying when you have the money without having to wait for the price to drop to buy it, and when it does, it can't hurt to buy it back. You can buy bitcoins anytime and never put it off because sometimes this way of thinking is wrong, because the price of bitcoins is not easy to predict and if the price of bitcoins keeps going up you will regret it.
So my advice, buy it when you have the money that day, and you can buy it back if the price drops back and stays that way and for long term goals. And if you do it for the long term, you don't care about the price of bitcoin to buy it.

Simply go with the price you're comfortable with. The market price wherein you could endure sudden price changes especially declines. No one would know the bottom of its value nd you'd end up with FOMO from waitfing for it to happen. For me, as long as the market price is lower than its previous ATH, it would be good to invest and hold simply because we know that the next bullrun will break the ATH as what usually happens. But if you are eyeing for a certain price point then you're allowed to do so. However, never let frustration come into your end if ever price climbs drastically.

I am not a fan of lump sum investing. It could be beneficial but the risk to lose is high. Dollar-cost averaging (DCA) remains my best strategy because it spreads the risk and is more comfortable to invest gradually.

I totally accept your position @Pmalek because if one keeps waiting for bitcoin price to fall to their expectation, it might never happen. I know so many persons that are regretting their indecision which has made them miss an uncommon privilege to invest in bitcoin. The price of Bitcoin might never drop in the nearest future, who knows? It is risky not to take risks, so it is better to buy when you have the opportunity. We shouldn't also be greedy because we may also lose out. Once it has gotten to our target (not too high) there is a need to sell and make some profit. After that, we can start another investment project.

Bitcoin just dropped below 30K within this hour and recovered back above 30K and you were saying it won't drop  ::)

The point is that bitcoin can drop below 30K and it may dump below 28K or lower but it will recover very quickly. The sentiments and fundamentals are all very positive. Ripple just win its case with SEC, Companies are filling their ETFs and halving is around the corner. In such a situation, the demand for bitcoin is very high and I don't expect a big dump.

You must understand that trading and investing is not easy at all, it is extremely stressful and risky especially for newbies. The lack of clear trading principles and fear can make the process more difficult. Therefore, I would like to remind you that investing is a process of inquiry and learning.

And always remember that no one can accurately predict the future of financial markets. Opinions and predictions about property values ​​are always diverse and do not trust any source completely. You just need to understand and accept the risks that you will encounter in the investment process. Absolutely do not invest money that you cannot lose and always put the principle of capital preservation first.

Simply put, you can buy with DCA if you have any doubts about the bitcoin price at the time of purchase. Bitcoin will forever fluctuate where fluctuating supply and demand is the main reason, but DCA can help you make better accumulations. After all, you don't have to wait too long if you intend to invest, but make sure you know the risks.

Many large investors buy with DCA instead of a lump sum, so of course you could also adopt that strategy instead of waiting for prices to drop lower. Don't worry too much even though there is always the potential for a decline, in my opinion it is part of the investment risk.

At this point in time, I don't think that Bitcoin market will collapse lower than the previous dip of below $20k.  As far as I believe, Bitcoin is currently in a transition reason why Bitcoin is going sideway for some days now. It is possible that the market is preparing for the Bitcoin halving and may give hype to the market because of the halving of the block reward.  We all know that in the previous bull run the having often becomes the catalyst for the market to uptrend.


If we are talking about the final Bitcoin price for the upcoming bull run then no one will know.  As for speculation, since Bitcoin break its ATH every cycle, it is possible that Bitcoin will surpass its ATH in this up coming market surge.

OP I will advise you should start now and not to be skeptical about the price, if you want to wait for Bitcoin to drop to 20k or 25k that means you have to wait until forever, we are all waiting for the bullrun and I don't believe price will drop as low as you mentioned before the starts, if you insist to wait because you don't have enough capital then wait after the bullrun maybe the price will drop to low as you mentioned ;D,

I said what I said out of opinion.

Their no time someone purchase Bitcoin that's late or wrong time, you can buy Bitcoin in any time, but it's encouraging to purchase when the market of Bitcoin is decreased in value so that when it goes up they will be a profit, market of Bitcoin is not stagnant it's rotational and that's while I always emphasize that the price of Bitcoin is not constant and when buying Bitcoin to invest you should not think of the value variation before investing because their is Evey tendency you many buy bitcoins now and within sometimes the price get increased and it's applicable to the price of Bitcoin get devalued when purchase at higher rate. So in summary no time you buy bitcoins that it's not valid

Now or later it's the same - I mean you will buy too. The thing is that what you're worried about is normal in bitcoin. If you are waiting for the price to drop lower - then maybe you won't really be sure to buy it without wanting to wait for another low. If you believe bitcoin has the potential to bring you returns in the long term - then you should buy now, but consider some of the advice from experienced users above.

There is no great doubt in my mind about bitcoin's potential in the long term - so I've been buying and holding it. With all the risks I accept - then bitcoin is a potential asset as a long term investment instead of gold and some other physical assets.

Nobody can predict the future of Bitcoin, Bitcoin is a currency in which I know quite well that the price is not stable, you can see a crypto market accelerating to a higher point but due to the market movement and you think that the price will continue to accelerate how higher but only a negative information can make the price of Bitcoin you see at range of thirty thousand to decrease to twenty thousand in the value, so therefore the price of Bitcoin is unpredictable.

Some newbie actually ask this as precautionary measure due to first timer effect as many newbie don't have the bold mind to actually buy BTC no matter the price ratio on the market but like you said its advisable to buy as soon as you have the opportunity because waiting for the price might amount to many opportunity you would gotten to actually accumulate from the initial price you stumbled upon.

Buy the dip," a concise three-word phrase, proves to be quite elusive. Discovering that precise moment of the dip is no easy feat. Nevertheless, in my opinion, the current Bitcoin price remains reasonably affordable at around USD $40k.

Purchasing at this juncture is projected to position oneself for the post-halving momentum anticipated next year. Never miss the four-year Bitcoin train, my friend.

Engage in a purchase now with a 15% allocation, while patiently awaiting a decline in prices and averaging down with each subsequent dip.

Some set of people who wanted to buy Bitcoin as 22k last month will see how much Bitcoin is now, I don't like the idea of you wanting to get things and now postponing it, many things could have happened. The best time to buy or sell is now if you have the required knowledge and finances

It should depend on your investment plan. What are you trying to achieve and what's your way to do it? If it's a short-term less-profit then you could wait for a dip and then buy. Because if your plan is for the short term, then you should be concerned about the volatile nature of the Bitcoin market. This is when you should do your best analysis to come up with an entry and exit point. Little movements can make you good profits and also huge losses. If you want to go for the short term, then do your analysis and if you see a dip pattern, then wait for it. If not, then just buy.

When it comes to long-term investment plans, little changes in the market won't matter that much. All you have to do is just buy and hodl until the right time comes. Then you can just sell and book your profits. For a long-term hodler, there aren't any perfect times to enter the market. In the long run, you will only see green. Those who have bought at $69k at the previous bull run, do you think they made a mistake? NO. Because the next bull run could push the price much higher. Yes, they could have sold it earlier and made more profits in this recent bear market, but when you look at the bigger picture, they will also be in profit. Also if you are still confused about it, then just DCA. This is the best way to maximize your profit while minimizing your losses. Also doing it before the bull run will surely bring you profit.

So based on your plans, you should figure it out yourself. Lastly, I'm not a professional. So don't take my words literally. Do your own research before investing. Invest what you can afford to lose.

Nobody knows if the price of Bitcoin will fall again, we can only assumed based on how the market has been moving lately but that shouldn't stop you from investing in Bitcoin. If you're waiting for the market to dip again it might never happen and you'll miss out.

Instead of waiting why not buy Bitcoin now, what's the worst that can happen to the price of Bitcoin when we're very close to halving the prices will bounce back up if the market was to dip again. If you keep waiting you'll keep procrastinating and possibly miss out on buying.

People refused to buy Bitcoin when Bitcoin was trading below $20,000 and now the price is above $30,000. Many people also refused to buy when the price was below $30,000 and will also procrastinate if the price of Bitcoin was to fall below $30,000 again, don't belike them.

Due to its extreme volatility, predicting the behavior of Bitcoin with certainty is impossible. Therefore, no one can definitively advise you to buy at the current moment or wait for a dip. As a financial decision, it ultimately rests on your shoulders. Set your own objectives and proceed accordingly. Success in achieving your targets depends on the whims of luck. The reality is that there are no foolproof methods for making perfect predictions in this realm; it involves taking risks and being prepared for potential outcomes.

There is nothing wrong with believing that the price of Bitcoin is high right now and planning to wait for it to drop to $20k–$25k before investing, but in all seriousness, it is very difficult to predict the price of Bitcoin. However, I believe that when you have good knowledge and can able to do some good analysis about Bitcoin, that will guide you and help you stay on track.

Many people have made numerous attempts to timing the Bitcoin market in order to purchase at bargain prices, but sadly, they have never succeeded because they were always looking to purchase at extremely low costs in the hopes of making large gains. However, it is not the only way to profit greatly from your bitcoin investments. If you can keep your Bitcoin investment in place for a long time, you can undoubtedly profit greatly from it. So while I will agree that buying Bitcoin at any time is a smart idea, I won't only strongly advocate for doing so during the bull run.

The market is volatile and we can't be so sure about the price movements. When we look for an opportunity to buy, we don't see the price moving downward. This is some sort of experience that everyone could've felt. So, when you prefer to buy, just fix a target and go for it. If the target isn't reached, you could prefer to follow the DCA technique which helps you buy at an average price.

Why do you think BTC price is high now? You must understand that its ATH is about $68k-$69k, the current price isn't a half of its ATH ($29-$30k). So, I think the current price of BTC is still cheap. If you expect to buy when the price is below $25k or even below $20k, I think it won't happen again. IMHO, BTC price won't drop below $25k again, it looks quite stable to survive above $30k. Even if it may drop below $30k, it is likely to stay above $25k.

Don't feel disappointed! You still have a chance to buy at a cheap price. Although you missed the opportunity to buy below $20k, you probably still have a chance to buy below $30k. Just wait for the next dump, I'm sure there will be a dump after a pump of Bitcoin price in the last few days. You can buy Bitcoin gradually, don't spend all your money at once.

As you have already mentioned in your post, the price of bitcoin was approximately $16k to $19k last year, but the pricing is not the same now. Bitcoin is now more expensive than it was last year. That merely demonstrates and indicates that the longer you wait for the price of Bitcoin to decrease, the more likely it is to do the opposite and rise in price.

Having said that, there isn't a discounted rate for someone looking to buy Bitcoin for a long time. Waiting patiently for the price to fall, may seem is not forthcoming as expected. It will be preferable to invest only the amount you can afford to lose. Since the $20k and $25k seems like it is not coming soon.

Invest while you still have the chance because, as the year draws to a close, Bitcoin may rise to $35,000-$40,000

If you have the money ready to invest you can simply start buying little by little month after month. You must understand that there is no way to know if and when bitcoin will go back at $20-25k, it could happen tomorrow just like it could never happen again and you would completely miss your entry opportunity. Right right bitcoin is like 60% below the previous ATH, it's not a bad price in my opinion.

there are a lot of people that got left behind because of the waiting game, waiting for the dip and turns out that is already the dip and then it starts to bull, you are right to accumulate it overtime, if you have spare money or add to your budget plan that this amount goes to investing to bitcoin rather than waiting on the dip, no matter what is the price or you can like try to learn to read charts on where best to buy it but again it is better to buy it on monthly basis coming from your savings so that you won't left behind.

Currently, Bitcoin is going to be a household name. By household, I mean that more and more people are starting to know what Bitcoin is.The more people know about Bitcoin, the more people will accept Bitcoin. It will be the main currency when everyone accepts it. However, the number of accepted people is increasing day by day, we have seen in the past years that Bitcoin is getting more popular than it was in the past. Investing in crypto should be on every smart person's list now, in a few months you'll be glad you made the decision you made today.

We cannot fully predict the future price of bitcoin, so if you really want to start investing now, you can start with a small amount that you can. Don't lose hope in it; either you buy and the price dip down or it pumps, if you can do that for a long time there's nothing to worry about. Remember that investing in bitcoin is not just about losing money. If you buy bitcoin, the price may rise above your expectations or it may dip, if you want to start investing at this moment you can go ahead the choice is yours.

Simply invest for a long time, and the price of bitcoin will come as a surprise to you. If you plan to start investing for short periods of time, you won't be able to make the kind of large profits that people who invest for long periods of time can, so my advice to you is to invest with the little you have for a long time in order to make a large profit.  

Bitcoin is still affordable as we speak, there will be some retracement but don't sit on your hands thinking that 10k Bitcoin is coming, you will miss out and regret later, buy what you can right now and keep accumulating, there is a lot of strength in the market and also a lot of weakness, there is no point looking for a better opportunities when you don't even know what tomorrow might bring, the future will forever remain unpredictable, so be smart at least to start buying some Bitcoin now, all I know is it will be too late to buy when the next halving is over, now there is still a lot of time left.

We found every where about recommended investing in bitcoin is Buy the Dip, can't predict when right time bitcoin on dip price because have some moment after our predicting bitcoin have been in dip but later make new dip. Its not wrong about recommended buy in the dip but we have not spent all fund to but in the one kinds bitcoin price. Make few percent difference between first and second investment in bitcoin, have chance for buy on another dip when bitcoin going down after first investment.

Right now seems bitcoin ideal in dip price, you can buy all in with your fund or spent until three entry investment for protecting if bitcoin going down later.

No one can see into the future of Bitcoin or any other cryptocurrency with any degree of accuracy. Nothing can be said with any assurance about it. Buying high and selling low may make anyone nervous, and that fear is understandable. This is not a ride for the weak of stomach. However, a technique known as DCA can help. You commit to frequent, predetermined Bitcoin purchases regardless of market fluctuations. It disperses your vulnerability and could be the key to your success.

The answer to your query of whether the market is in a bear or bull phase is, lets be honest, highly speculative. There is a lot of talk, and most of it is just rhetoric. Best recommendation? Focus on the fundamentals: Dont listen to every Tom, Dick, and Harry on the internet; instead, do your own study, invest only what you can afford to lose, and pray.

Buying on dips is a good strategy - but it's even more perfect if you combine it with DCA. Buy on the dip and do DCA - then you just need to focus on holding in the long term and exiting when your get a profit what your desired target.

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OP - looks like this thread is worth moving to the trading discussion as there is a lot of discussion about trading or investing strategies.

Bitcoin Forum > Economy > Trading Discussion (https://bitcointalk.org/index.php?board=8.0)

buying in this market is indeed relies on what kind of investor you are. a short-term or long-term. and also the financial capability of the person himself. better not to go into this market if you only have money for your basic needs. you know what am saying here? there's no right or wrong entry in this market. so long you are practicing the simple rule of trading - buy low, sell high. you won't get screwed. however, do remember that it is not that easy to implement in actual scenario.

In my opinion, I doubt Bitcoin will ever drop below $25k again, let alone below $20k. Because at this time, the price of Bitcoin has started to rise and it has entered Q3. Even though I'm also not 100% sure, if you look at the current trend and also the cycles from the charts in the market, it seems quite difficult to drop again, unless there is another large FUD which is very influential on the market. If it's $26k it's still possible, although I'm not sure. Because when there was FUD yesterday, the price of Bitcoin did not drop so drastically. So, what are you waiting for?
In my opinion, investing in Bitcoin requires some sort of the right strategy, and DCA is the wisest. Because we can kind of make purchases little by little at certain rates, so we don't just wait for prices to drop which later turns out to be too late to buy and ultimately regret it. buying Bitcoin doesn't have to be 1BT, so you can start doing DCA instead of having to wait for the price to drop below $20k which seems impossible.

One who always looks out for a best time to buy when the market dips is one who is likely not to get the chance to buy at all. It’s the first step towards procrastination and eventually they never get to buy.

The bitcoin market is one of the most difficult to predict without any accurate source of information on market movers and you can’t depend largely on technical analysis to paint the full picture of what’s going to happen in the market.

The best approach for beginners has always been to DCA and have a long term plan towards keeping your asset. The price of bitcoin is still affordable and the time remains right still. There is very little reason to wait as, we are expecting a bullrun that would as well take price to yet a new ATH.

This is why he is here with us, with this post/thread because he can't decide for himself so he wants our opinion instead if what actions he must be doing. For now maybe BTC won't drop below $30k but later on, I still believe it can, so I suggest the OP to wait for it if he wants some discounts. The halving time or the bull time is still a long way to go so I'm confident about my prediction.

For those who will buy early like you, you can still hold hard if the price declines so that you will avoid losing and maybe on top of that you can continue buying for more. It is only wrong to buy when the price is at their highest peak already because after that is usually followed by a bear market and it will take a long time for us to see recovery or a bull run again.

It's true, the market is still not normal and there is still a chance for correction. we have to deal with the installment system. like you said, prepare fresh funds, and enter with the proportions that have been previously set and not All in. Good advice guys. example today. set Buy BTC at price $29K 30% from our fund. If the correction continues, enter another 30$ at a price of $28.4K and so on.

Maybe there's no normal thing if we talk about the price changes of bitcoin since the price is volatile and that make this coin unpredictable. And eventhough with that we can still look forward with the current price since still there are chance thay we can trade depends on the position we like. But also we should monitor very well since if we keep on passing maybe we could miss the time where bitcoin price is so low so act and trade to know the market movement then earn if there's a chance that you can take your profit.

The possibility of BTC falling below $30k or even $25k is always possible at any time, market movements are unpredictable, and there are no guarantees. But waiting for the price to drop more to buy is a bad idea when we can use the DCA strategy. Why don't you use DCA, and if your prediction is incorrect, the market doesn't drop and bounce from here, you'll miss the train and have to buy at a higher price. BTC under $30k is still a very good price to buy, don't hesitate to accumulate whenever possible.

Anything and everything can happen. If the demand to accumulate Bitcoins decreases among the people, then no one can stop Bitcoins from falling down in it’s price. Bitcoins follow the policy of supply and demand, hence the price increases if the demand to buy it increases and the vice versa happens. If you ask me for the perfect time to buy, then let me make you clear that, there is no perfect time to buy Bitcoins. These coins are limited in numbers. So buy as many coins as you can irrespective of the price and hold for minimum 1 and half years. Definitely you will see 2-3x the profit.

Literally, no one can know exactly how the market will react in the future, and no one can know when is the right time to invest, it is just that you do some research and analyze the facts and charts to have a close estimate of when you should invest and when you shouldn't, but even after that, you still might buy at a higher price and the price might dip again later on, so you never really know the outcome of the market and that is why you should buy when you feel the time is right.

Generally, if we see the long-term behavior of the market and Bitcoin specifically, we will come to know that it goes up even after a big crash, so even if you manage to buy a bit high and the market dips after you've bought, there is nothing to be worried about since it will eventually recover.

In my opinion you should buy at this time and should not wait for more dip because the market is going to pump more as bull season is coming very soon. If you are waiting for buying at more dip then may be after sometimes you will regret to wait because price is going up.

This time is good time for buying as everyone knows that price is volatile and no one knows that when it will rise or when it will fall. But according to estimations there will be more increase because of the acceptance by the people and demand for it.

Fundamentals and technical analysis suggests that you should start buying and stop asking for the dip/bottom. Nobody knows it anyway, and even if some users here will give you their predictions if you're not convinced, you will not going to follow it anyway.
It's hard to find the bottom and it's even harder now that we are closely approaching to the next halving, which everyone are anticipating for another bullrun. So, your chances might be now or in the next couple of years. We could already be at the bottom currently at $30k, I don't think we'll fall further @25k either now that most bitcoin holders and traders are gradually accumulating more fractions.

Good luck!

I avoid making price predictions for the end of the year because there may be many developments that we do not know. It may be the best decision to follow the market and buy at a price you set.

Halving is approaching, so many people expect the price of Bitcoin to increase. This may not be 100% correct, but I also think the Bitcoin price will increase. Every investor should have a buying point of his choice. You know your own financial situation. Make the decision yourself rather than the price estimates of others.

Many people want to buy but are always worried and ask whether the current price is worthy of buying or waiting for a low price again, and in my opinion as long as we have good finances then immediately buying is the right decision rather than waiting, I'm sure the price will be difficult to go down again because of the effect halving day begins to feel right now.

Yes no one can give the exact price of BTC and those who use data to predict correctly are exceptional good. The volatile nature of bitcoin also make some bitcoinners to confuse in the price. For you predicting $50k in this year is an another serious prediction. But nothing is impossible.

Nothing really beats out if you are really that trying to make use of your own analysis which is combined with fundamentals and technical on which you arent really that relying on other calls and hits or tips because we

are all speculators on here on this market.There's no man nor professional trader would really be able to tell on whats the price movement on the next minute or even hour or days or whatsoever. This is why when having that speculative approach then it would really be always better on having on your own and its not bad to snip out for others idea on applying into you but not completely trying out to mimic or copy theirs.
Should you buy or wait up? Its all according into you.

The price now is stagnating on 30k price point on which we cant really tell on where it would be going on next minute on which its totally unpredictable. This is why
it would be wise on making your own analysis and stick into that. Sometimes waiting up for the bottom do makes us out able to miss out good entries because we are really hoping for more
lower price but not all the time it could really happen.

If we are uncertain of the market then we can just try to DCA.  Buy the amount we think cannot affect our future investments and DCA along the way.  Buy more when we see a dip in price.  This way we can maximize the possible profit our fund can give us.  It would be regretful if we wait for some time and see Bitcoin start to surge.  There are lots of investors experienced this kind of thing and we can read some of them posting in this thread regretting why they hesitate to buy BTC and waited for its price to plummet which does not happen.

The current price is around $29k and in my opinion is the right price to buy, but as an investor of course the current purchase is not the last purchase because we must always think realistically that the market is always fluctuating so if one day the price drops then we can buy again.

This method is best for long-time holders and could also be called whales, as they are there with their money ready, looking for every opportunity where the market will dip down a little for them to bag some more Bitcoin and add to their hodlings. They are never worried about price drops, as they have a positive belief in what will become of Bitcoin in the near future.
 
But for a newbie, learning how to know the best time that could be considered the best entering position will really be helpful, as it will save them the stress and trouble that they could have passed through if the market ever experienced any form of unexpected dump. As their eyes are always in the market, such people without the best information always end up panic selling. Which is the worst thing one could ever experience in Bitcoin holdings or trading.

I mean no one can accurately predict the market that's for sure so we really don't know if the market will stay at its price of around 30k$ or if is it going to up or down to 15k$ or something like that, we cannot be sure because there were just so many factors that are affecting the price of bitcoin, just bad articles or news could easily drop the volatile market price of bitcoin. I'll recommend you buy bitcoin and start accumulating bitcoin right now set a minimum price and buy bitcoin every week, because if your just going to wait there is a possibility that bitcoin is not going go down to 25k$ and it would just stay around 30k$ and then after a few months just completely skyrocket to 40k$ or 50k$ then you just lost a big opportunity with that, so what you can do is start buying right now with the minimum amount that you set then buy bitcoin weekly or monthly something like that, if the market price drops increase the amount of bitcoin you buy, and if the market price increase lower your buying power. In that way, you could guarantee that you will get a good amount of profit when the market skyrockets on Bullrun.

Seems you didn't read the OP post to the end. He clearly stated that he doesn't have money during that period and he missed that precious opportunity to buy but has a little money now and ready to invest now but still skeptical as to which price is best for buying now.

OP this is the perfect time to start your journey as a bitcoin owner. If you are afraid to buy at the current price, you might end up missing this year again. From the speculation, it's possible we might experience a continuation down move to 28k. So I would advise you to begin your journey immediately by DCAing and remember that bitcoin is highly volatile and you should not invest with the money you can not afford to lose.

If comparing the current price with the most recent ATH, it is still a good time to buy bitcoin, and we can use the DCA strategy because no one knows what bitcoin will look like tomorrow. But I think about OP, even if he has money, he won't dare to buy when bitcoin hits $15k. Because at the current price, he is still more skeptical than he should buy immediately.

Many people were in the same situation as him, they didn't buy bitcoin when it hit $15k because they thought it would fall even further. But then they learned that they missed the bottom, and now they continue to doubt the current price.

Maybe not like wait with all your money though, because it may also go up and then he would be late. I would suggest buy some at around 30k range, and if it goes down then buy some more, and if it goes up then buy some more there as well. That way you are not missing so much, neither the profit or the loss, you are getting in with both of them at the same time.

I highly suggest that it should be something that would be more sensitive, and we could potentially do that a lot easier that way. I believe that we can't really do anything that would be wild, but we can definitely do it if we want to. I hope that the best thing that comes out of this would be making sure that it is going to be people realizing diversification and DCA is key.

Buying and selling could really be having that different moment or time that we should do unless if we are going for long term aspect then we wont really be selling any coins at all but doesnt mean
that we shouldn't really be mindful about our entry.Just like been said that it is really that important on having that kind of entry which it should really be that low in price so that we could really be able to maximize profitability on which it is really our main priority or concern because if we do  enter on the higher price then it would be less but due to unpredictability of market price then it cant really be avoided to commit out errors and mistakes when it comes to this. This would really be a tough decision when it comes to buying moment specially if you do see the price is going down.Yes, we are really that indeed waiting for the dip but we know that on the time that we are on there, we do have already those doubts and fears on which we cant really be even so sure about the price.
This is why its not really that something new that you would really be missing out lots of opportunities just because you do keep on waiting on the lowest price as possible.
This is why decisions would really be made will definitely be basing up on what you had analyzed or reconsider.

I always think that crypto purchases should be made gradually. Because I pay attention when giving an opinion to someone and I think about the possibility of the opposite of what I said. If we can buy crypto gradually, we have a chance to buy it again when the crypto price drops. If we buy all our money at one price and the price drops, all we have to do is wait.

Bitcoin's price is volatile. What is expensive for you today may be even more expensive tomorrow. Or what is cheap today may be even cheaper tomorrow. That's why I think every level of Bitcoin price is suitable for buying. The question that the investor should ask himself is, should I make a long-term or short-term investment? When you answer this question, it is easier to determine where to buy from.

For me everytime is a good time to buy so far as the price has not risen and touch a new ATH because if the price has reached that feat then it's probably best to hold with your investment and wait for the supposed bear market that follows the bull because if you buy at that particular time when the price is high you will eventually lose out because when the price starts dropping your investment capital will aslo drop drastically only except if you are prepared to hold for a very long time

my advice is to buy bitcoin regularly from now on ^{(as is done by microstrategy)} if necessary, use the DCA method.  

market sentiment towards the ever-changing rules that are being carried out by the government towards bitcoin continues to influence the price and investor interest in bitcoin.  but the history of bitcoin prices will not stray far from the prices that will be achieved by bitcoin next, apart from that for the possibility of the lowest bitcoin price this year, i don't think whether the bearish market will occur again later because we will face a halving.  

Yes, you are right, mate. The reason why some Bitcoin investors don't really make a profit is because they lack the ability to be decisive on what price they should buy  and when they can sell. Sometimes, if they only have a small amount to invest and perhaps they Invested it all at once, let's say they purchased Bitcoin at $30k and they see that the price has dropped below the price they bought, they may quickly sell off and hope to buy if the price drops further, but sometimes their instincts fail them and the price never drops any further. Although newbies may not really have huge funds to invest like whales do, if they have a job that they are doing to earn income, they can be DCAing BTC with any little amount they can afford to invest with, and with such a strategy, they will gradually accumulate Bitcoin without having to sell due to price panic

There are obviously good and bad times in the crypto market and those times are when we should buy and sell, but waiting very long for a specific time to either buy or sell will only make you waste your time, so it's better to simply make use of the time when it's here instead of waiting, if you want to buy, don't wait for the perfect time because there is no perfect time in the market, so you should better start doing DCA as soon as you can instead of waiting.

Even the experts who understand the market very well and know how to do analysis in a good way cannot time the market perfectly and even they can make wrong predictions some times, so they make use of the times and opportunities that they get along the way even if they have a specific target in mind.

Waiting till now is already waiting too long, buy this whole year is a fine plan not requiring too much over thinking.     The dip was the whole of 2022 and it already happened so to only react now is pretty slow, its not too late but the best timing is often hidden behind the worst sentiment.   When everyone gives up thats your lowest price, it tends to be ironic in happening that way.
  Same with the top prices very few will be saying its a good time to sell when its done so well and looks to do more, when everyone stands on the same side of the boat its most likely to capsize.   At present its quite balanced imo, should be an ok buy especially done regularly over time.

Good time to buy is when price hasn't crossed the old ATH, and that's when we have money, because even if the price falls further but if we don't have money, there is nothing we can do. One more thing, there is no guarantee that the halving is approaching that the market will rise without falling and conversely, bitcoin is always unpredictable. Therefore, before investing must always draw up a plan and follow the plan, we will not be confused and panic.

I recommend buying as soon as you have the money, waiting for the price to drop is pointless because no one knows what the future holds. Many people also missed the bottom of bitcoin when it dropped to $15k last year and they waited for another drop, but in the end they missed the bottom and had to buy at a higher price. Why don't you buy now and use DCAing? The longer you procrastinate, the further away the opportunity is.

A bearish market will of course occur, the halving will still take place in a few more months to be precise in May 2024 and with a fairly long time, the market will fluctuate quite quickly depending on the current trend. We see that the current Bitcoin price tends to be stable, but we don't know whether the current price will be too saturated or not and will still experience a decline. Bitcoin is trying to make a strong foundation in the $30k price area and will reach a new ATH in the next year. I believe history will repeat itself, but of course there will be some changes that will occur and it will not be nearly the same as early history.

Doubt will not change anything in a person's life. Therefore if someone keeps on delaying the right time to buy BTC then they will keep on doing the same thing every day. Do they see that the price of BTC today or this month or this year the price of BTC is still below the high price, So why should someone be afraid to buy now.

I think that thought will quickly affect someone in all aspects of the investment they make. Therefore I think someone would be more apt at finding the bottom price with the DCA Strategy because they could buy weekly and basically that someone would achieve a lower price level calculated by their average entry purchases over the year.

All of this is the dip, cant be clearer then that.    Most people dont get all their money at once, for most its income saved and I would just buy according to some percentage of that.  Now is a reasonable time to take an interest, if people could buy BTC at 50k and find it reasonable then really we've only experienced a speculative pullback which is normal and happened many many times prior before recovering etc.

And this is why its really that important that you should really be that expecting the unexpected because the market is never been that unpredictable on which price could neither would be going down
or not and its up to you whether you would be waiting for the dip or not.This is why on every decision you would make there would really be a specific risks that it would be having.
Its up to you whether you would really be waiting for the dip or not because not all would really be going with those technical analysis that had been made. Its not really that precise most of the
time if we do speak about those analysis but its better to have it rather than on having nothing at all. We know that nothing beats out on making investment decisions basing up with analysis
and something not really just taking without having those preparations which could be considered as pure gamble.

1000% agree if you guys have money to buy bitcoin and then do it as long as the money is crazy cold and you are not going use it for couple of year.

and recently I just watched youtube made by PBS Two Cent on youtube, than wait for the dip it would be great to use DCA method and here is the video https://www.youtube.com/watch?v=3i0xitaOOps

just dont buy at the top and sell at the low

I agree to this. When you buy around these prices that means we are going to eventually be over the ATH price again and that means you are going to more than double your money as well, that's an important thing and everyone should consider it as an important part of your investment. I know that not a lot of people see it that way but that's how it should be done.

Unfortunately too many people see it at the low price and think that they should stay away from it but they are making a mistake. Seeing the price low doesn't mean that it should not be bought but more like it is going to end up with something that is going to change things. That way you could buy at the low dip price and you are going to end up profiting.

The price wasn't convincing enough for them and certainly, they won't see an opportunity to double their money when the new ATH comes. Because what they need is assurance and they only just buy when the bull season comes. It is somewhat very unfortunate but that really happens and that is what we expect from those who are impatient and not long-term investors. So, it was not surprising that many had come to rejection. But those who understand the situation and see the dip as an opportunity will consider buying as the best thing to do.

You are right, mate, the crypto market is usually and always dynamic, so there's no way one can tell what price is expected from now until the bull market, although some people are saying the price might likely drop below $27k, which I also don't doubt, but there's no guarantee for any price. For someone to win in a dynamic market movement, they need to just keep buying little by little, so that even when the price is high, they can just buy a small fraction, and any time the market has fallen to their desired price, they can spend any amount they want to buy with. Some investors don't even know the bottom when they see it. Some people will not buy Bitcoin even if the price falls to $28k today; they will change their minds and decide to wait for another price drop.

Would do that if had Cold money. Lol
Still a question Who knows the real Dip price? My own assumption of buying a Dip is in when prices are low when the bearish period continues sustained by buying large quantities at a moment's notice, but there are many ways they do with the word Dip.

This is true, only the DCA strategy is simpler than the dip, I do this method because it can do weekly or even once a month but it has become a routine.

Ahh, the wrong thing is buy high, sell low because of panic. ;D

Every time is good time but it depends on you that are you able to afford such a higher worth to buy bitcoin because bitcoin is already an expensive asset so when price goes up then everyone cannot buy it.

Other thing is that everyone is familiar with halving so if now one miss the chance to buy it then it's not sound good to buy during halving as we buy bitcoin only to get profit and after halving price will continuously goes down.

 There is no guarantee then when price drops after halving then when it will come back to higher cost so better will be for everyone to buy now and get the benefit from halving when price will boost.

Yes cold money hot money only for girl bruhhh

Only god can know the truth of "the dip" heheh. Anyway you doing DCA weekly you must have a ton of money. but that is great keep buy keep HODL  8).

Tho...
All in on Zeus slot would be better than DCA  ;D just opinion hahhahahahah

The people who say that that the price might drop at X USD and might go up at Y USD are all just predicting, even if they have an extensive research and thorough analysis, the market will always be unpredictable. Your advice of buying little by little in this kind of market seem kind of not a good idea to me, because I'm the kind of guy who wants to get in as much bitcoin at a certain price point with as much as I can afford. The people that don't want to buy even if the price continues to drop are the people that won't be satisfied and are indecisive when it comes to investing, they will never get in and always waiting for their right price.

I agree. The market is unpredictable so we really can't pin point if we already reach the bottom or the price might start to climb up already. We're just speculating so it would be better to engage yourself based on your own analysis and understanding.

That type of investor is waiting for the right time. However due to their worries that the price might plunged after buying, they can't decide when to enter. Well, if you're going to hold for long term, buying at anytime is fine (though much better if the price is declining). Just keep in mind to only invest what you can afford to lose. This way you don't have to rely on the money that you invest and won't get tired to wait even it takes a long period before you can gain.

Nah, I don't think that your own analysis and research, it's in your best interest to still tread lightly unless you are certain that you're going to hit the jackpot when you trade although it's a different story depending on how your trade timeframe, if you're in it for the short-term then tread lightly but if not, then by all means trust your analysis and research.

what is the big difference from 20-25k to 30k? actually bitcoin price now is ranging from 29k so do you really need to wait that long before considering to start your investing or your journey ? what if this price not come as we are nearing halving? never become too greedy mate , a small difference is enough to start what you wanted to achieve as there are many of us has this same target before and admitted that they failed of their expectations and waiting.

You can set a buy price at the current conditions and if you are able to study bitcoin's previous journey, then the price of bitcoin was at a much higher price than it is now. This means that currently it is still in good shape to collect bitcoins and the price may decrease or increase again in the future. If you don't have a lot of capital then the DCA strategy can also be used to collect bitcoins. Your doubts about trying to buy at a certain price will disappear, when you study the history of bitcoin's previous journey and from there you will set off to draw conclusions.

Learn first how to make the right investment because for the accumulation process there are many ways you can use, one of which is the DCA method that many people use to buy bitcoin at a certain price on a regular basis. Investment decisions depend on how knowledgeable you are about bitcoin because that's where the confidence to get involved in investing is born.

If you invest a large amount, buying at $25k and $30k will have a significant difference, but if you invest with a small amount, it is true that there will not be too much difference. But I agree with you, it is a bad idea if we are too greedy and wait to buy low because bitcoin is unpredictable. While the bearish season is not over yet, there is no guarantee bitcoin will correct toward $25k or $20k again. Moreover, we have a DCA strategy, I wonder why many people don't use it and always ask for the lowest price to buy.

Analysis and research will always be useful for a trader, be it a short term trader, or a long term trader. But it is true that traders in the short term make more sense if they get very light profits many times so that the amount will also be large in the end, while those who instill the idea of trading in the long term, will probably think more about bigger profits with more flexible use of time too, of course. But I personally really like these two methods because the end goal is to make a profit.

It's a good way to buy in parts. And the truth is that no one knows what the price will be in a month or six months. The only correct thought should be that in less than a year there will be halving, and that in a few years the price will definitely be higher than it is now. The main thing is to set a target for when you will be ready to sell, so that you can buy cheaper again.

I agree with you, I am also a non-believer in technical analysis and it's all predictions and no one knows what will happen in the future. For me, there is no expert or analyst in the market, we are all the same when it comes to bitcoin price, and predictions can be right or wrong. And again you are right, the people who are always waiting for the right price to buy are the ones who will never buy even if bitcoin drops much more. They are indecisive and greedy people so they won't buy even if the price has dropped as they wanted before.

I feel like even when you are buying a large amount, the difference will be there but missing your chance would be even worse. Think about it this way, if you end up investing right when it's 30k, that would mean that you are going to make more than investing at 35k as well. So while chasing for 25k and waiting around, you could miss your chance to buy at 30k and be later to the party and get it at 35k instead and make less that way.

This is why I believe that it's going to be something very important and you should not worry about anything else at that moment. Realize that it's going to take a while to change that up and we should not be really considering that change all that much. I hope that people end up realizing that it's going to be a hard thing to miss, so in order not to regret the situation you should buy in whenever you can as quickly as you can as well. That's what I would have done, and it would be a smart choice, I have entered already for example.

Oh no, I'm a believer in technical analysis as you might believe me to be but I am not, I just said that when you're doing your own research and thorough analysis, it will still be the same but I forgot to add that those stuff helps you in some way, I mean if you are confident about your analysis then might as well jump the shark and bet on your prediction right?
I wouldn't say that with an absolute certainty, becoming an expert in something doesn't mean that you're always right, you become an expert because of experience and if you are wrong then you can take that experience as a lesson so when that happens again, you know what might happen next or you know what to do next. Also, what should we call those people that are talking about the market and they know what they're talking about and we agree with what they talk? Aren't those people experts?

Both analysis and research play a very important role in trading and investing.Analysis and information are very important especially for short term investment or for day trading.You are right that in short term investment we always try to get small profit, while in long term investment we always wait for big profit.In short term investment we try to get profit again and again whereas in long term investment we make one time and then get a good profit after that.

It is true that in both ways we earn profit but in my opinion long term investment is better than short term investment. In short term investment there is a lot of mental engagement whereas in long term investment we buy once and then wait for a good return with peace of mind.

However, if you rely on research and analysis and yet you are not investing then it's useless. And if we are talking about Bitcoin, don't complicate things, yes you can also do TA, but look at the fundamentals and you will be good. And don't wait to buy, everyday is an opportunity to us specially that we are still in the middle of the bear market. Although we have recovered from the bottom price. But still at $29,000, still very good price to jump and we shouldn't wait.


And after that, invest long term as you have said, again, there nothing difficult to explain with that plan. Just simple buy in dip or DCA and put it in our wallet and like HODL on it for a long time. And then just go sleep and rinse and repeat. It might be tough but at the end of the day, you have a peace of mind and in the future you will have a good profit.

No one can say for a certainty what the actual bottom will be before we see the much-anticipated bull run. From my experience trading forex, so long as everyone is talking about bull run starting from 2024, price will most likely surge as we enter into second half of 2023 because people are already buying in preparation.

If you have faith in Bitcoin, there is never a wrong time to buy because you will surely make profit if you do not panic and sell... the when is what no one know.

This is sort of the trick. If you have faith in Bitcoin and a long enough time preference, it’s very likely that a Bitcoin investment would be extremely beneficial for you. However, if you’re investing money you can’t afford to lose with a low time preference, it is highly likely you will panic sell and lose a bunch of money. This is how Bitcoin rewards it’s faithful and decimates the finances of the get rich quick types.

Buying or investing it always on our preferred price. But I suggest not to wait for the dip as we never be going there and expect that until the bull season end. Besides, $30k is not really expensive compared to buying at $35k. We just think that we are moving forward to halving and the next is bull season, and even we can experience some price corrections but it never be low like we have in bear season. We just think that the price of Bitcoin 2 years from now is doubled (or even more) from the current price, meaning we are still in a huge profit if we can wait.

you should set up 🆙.  A DCA

Say 50 or 100 or 200 a week. Say six months or 25 weeks  . at 200 a week it is 5000 if you do it for 25 weeks.

Then put in 10x 500 dollar ladder buys.

29k
28k
27k
26k
25k
24k
23k
22k
21k
20k

that would be 5000 and 5000 = 10000 invested over 25 weeks only if price drops to 20k

now if you cant afford to lose 10 k. do the same ratios but smaller amounts

a 100 dollar dca each week
and 250 in ladder buys from 29k to 20k

that would be 2500 + 2500 = 5000 over the next 25 weeks.

That is actually my Point mate , unless OP is somekind of investing 10-100 bitcoin then he may consider that as a chance to buy low at 25k , but if is just putting a small chunk then why need to wait for such in a chance of not coming when we are in a neutral position of buying now.
and also why not take the advantage of buying couple months ago when the price even fall bellow 17k?
this is something that OP must understand.

We will never know which way the price will go in the future, with all the possibilities of a decrease or a higher price, for me to decide to buy or wait, we have to look at our future plans first, if we plan to invest long term, it's not wrong and no need to wait for the price to go down because I think now is the best price with movements that tend to be stable.
But if you plan to trade daily, then we have to make more accurate calculations to be able to take maximum profits.
Currently the price of Bitcoin tends to stabilize at a price close to 30k and it has been holding for a long time, so everything is possible in the future, but in the long term I have no doubt that we will be able to see the latest ATH again someday.

Just another topic, where OP is afraid to take responsibility for decision and ask others what to do with his money. Imo it does no matter when you buy, yesterday, today or tomorrow, during dip or at ATH, it is important how you gonna manage crypto that you have bought. You can sell it immediately after a tiny price drop, or hold until its value doubles. It is all up to you. First you ask should you buy, then you would ask when to sell. Is that what you want? Hesitating? Give funds for trust management to other person then, as you are one step closer to being a person who does not manage his funds.

It doesn't matter when you buy, whether it was during the dip or not because what really the most is that we are able to sell our coins at a profitable price. Because what does it make sense of waiting for the dip if we can't wait for the price to grow before selling and what is the sense of buying today and selling them tomorrow?

Overall, it lies on our decision making. Though we never know what will happen next but thinking about the upcoming bull season, buying today is a good idea.

I think the best thing is to buy immediately, as we know that the potential for an increase in bitcoin to rise at the end of this year is very easy to happen, the halving day that will occur at the beginning of the year will cause a significant price spike so by buying now we can immediately get big profits.

I also have this feeling that you should buy right now as much as you can. But since I am not the only one who has such thoughts, it is worth thinking about it, because usually the market acts contrary to expectations. That's why it is probably a better strategy to buy partly, so that you don't regret later that you could have bought more.

Letting others decide for you is such a stupid thing to do if you ask me. I do not want to be harsh, but how could you let someone else decide what to do with your own money. You worked hard to get that money and you are now willing to let someone else decide what happens to it? That makes no sense at all and I believe that we should not be really doing anything regarding that at all.

If you want to control your own money then you should not ask any other person what to do with it. You earned it, you put it aside, find a way to use it as well or invest it. I personally never look at what others are saying, maybe look at what they are doing with their own money, but never what they say. That makes no sense at all to me.

We won't see any dips if we move toward the bull run from this point, but there are more chances of a dip than a rise at this point because the market isn't looking strong enough to go up right now, otherwise, it wouldn't be stagnant below $30k like this. So, though no one can know the actual future of the market and every one will provide speculative opinions, there are chances that the market will experience a further dip and we are not yet at the bottom.

But again, since it is never certain, the best thing is to take a decision based on what you think will be a good buying price for you keeping your holding period in mind, because if you don't buy and the market goes up from here, you will regret it more. One can also do DCA to be on the safer side for whatever happens next.

Now the price drop is happening again and making the price of Bitcoin itself below $ 29K so it's not wrong if many people still want to buy this year to wait for profits when the halving moment arrives. But everyone also needs to consider the consequences such as their ability to buy at this time because buying Bitcoin doesn't have to be forced either even though everyone is also strongly advised to keep watching the moment and take advantage of it for profit purposes.

I also agree that buying anything is based on ability and also based on the analysis that we have made ourselves so that the decisions we make ourselves are also based on our own thoughts without having to feel sorry later. Because the purpose of buying when the price is still affordable is to expect profits at good moments such as halvings which are usually more increases than decreases on the price side like Bitcoin.

Since the market price has drop down to $28,435 few hours ago, show that you can buy now and hold till the price increase higher to your satisfaction before you can visit the market to sell to make a good profits. Based on the way the price of Bitcoin is moving in this season, I don't think it will decrease down more than this before it will hit the mind of holders because many holders are waiting for the price to reach $50,000 before they can sell to smile which the season is very close to the market. I will advise you to use this opportunity to buy and hold so that you will be part of those that will celebrate when the price of Bitcoin hit another level.

Well, we should think about it, when everything becomes easy predictable and everyone knows. Will the market move according to our expectations? We will all buy now and sell after the halving because everyone believes the price will go up, so who will buy our bitcoins? The market always goes against the crowd, so analyze instead of Fomo buying in a hurry. It is true that the current price is still very cheap to buy but don't think we will easily make a profit when the halving is approaching. Everything is still just our speculation, there are no guarantees.

The price of bitcoin is always fluctuating so the best advice is always to buy with a small value, as happened today the price dropped again and touched $ 28k, of course I regret buying at $ 29k a few days ago, but I will wait if the market will drop again so i will buy more.

I do not think that selling after the halving makes sense, that is when it will go up. Anyone who knows crypto would know that halving is not the period it goes highest, it is after the halving that it will start to go higher for sure. This is why it's better to buy now, but if you buy during halving, and wait for 1 year, you are going to end up seeing it go up again.

I hope that it's going to be something that will benefit everyone and it should be something decent without a doubt. I hope that it gets to that point, but I think it may not be that easy and it's not going to be that much of a tough situation at hand. I just hope that it will get to a better place and a better situation, that should be something a lot better.

we don't have any idea about the halving that on which date and in which month it will occurs so try to have some bitcoin before it take place and you regret for not holding your bitcoin.

Halving is coming soon so this does not mean that use your whole money in Bitcoin and don't leave any amount for emergency so it will also be not good for you. Always try to understand the market, take the benefit but don't be too emotional for halving to loss all your accumulative sum.

What bloody dip are you waiting for? The dip AFTER the halving or something? Just DCA if you're that afraid of losing everything all at once or spread out your portfolio among other altcoins. We're already at the dip considering the ATH, and even considering the last bottom which was $13, $14k ish? We're still pretty low imo. Granted you'd probably not see any massive gains for a while, at least for a year anyway, it's still a great entry point for anyone looking imo.

And no, even with the halving next year, the price spike usually happens after around half a year to a year of it.

Maybe they are still waiting for the last dip before the halving event on which they would really be assuming that it would be happening since we are still year far which there are still things that could happen and this

might be other people been waiting for those situations that would happen and this is where they would really be considering on buying back and on the time that the market would be pumping out then they would really be able to make profits but the question is, would those things would eventually happen? We know that this current price might be the last price that we would be ever able to see or able to buy.
What if it wont really be going down below 28k or 25k? For sure you would really be having those kind of regrets that you had missed out those opportunities.

This is why you would really be that making decisions and this would really vary on each person because we do have different risk taking action because some do assume that this would be the last point before the pump and there are ones who do wait up for last one dump before they would be able to get in.

Investor's bad habits are always waiting and hope to buy at a low price, in my opinion the best thing we can do is always make many plans, I get training about trading and investment in cryptocurrencies from local owners exchanges and he always suggests making at least 10 plans that are divided In 5 and 5 plans to buy, for example if the price is $ 28k then we buy $ 500, if the price drops again to $ 27K then we buy $ 750 and so on.

When you are wrong and you learn from that lesson, that is the best way to get better at something. Even the biggest veterans in trading end up making loss, just open up Warren Buffets past and you will see that he made some losses in some years as well.

The reason why people are considered veterans and experts in a subject is that they do well better than everyone else, but doing better doesn't mean doing perfectly, because nobody in the world could have a 100% correct trading predictions, they will end up with a loss one way or another when the time comes. This is why it is important to focus on what you could do and try to be as good as you possibly can, that will help you and even if you lose a few times, overall you should be in profit.

I agree that there is a good chance that we are going to start seeing things that change and it will end up being something that will benefit us all. I think it's quite important to remember that we are going to end up seeing a lot of great things, and the result will end up being a good thing one way or another. I think that the 30k price point will be broken soon enough and the result will be that we are not going to see anything under 30k for many years, potentially never again.

This is why I agree that it's time to buy, and we should consider on buying it if we possibly could. That will definitely help us a lot and will make sure that we are doing a good job at investing by starting off with a good purchase price.

I think you don't hurry to buy, you need to analyze the market first. Although investing in Bitcoin is quite secure, but you are better to analyze when the right time to buy. I'm sure it won't be easy for Bitcoin to pass $30k now, it already tried to pass $30k in the last few days but it failed. It means there is a chance for Bitcoin to drop again below $29k or even below $28k. If it is possible, why don't to wait for a cheaper price to buy.  ;)

But if you don't want to take an analysis or a research, buying at the current price won't be a serious problem. For the long term holding, buying BTC below $30k is always a good decision. Just imagine if the price to return above $60k, so we get the profits 100%. Moreover if BTC creates a new ATH, we have the chance to take 100+% of profits.

~DWYOR~

I think that if you don’t realize that this is the dip, you need to zoom your charts out a little more. Bitcoin rewards those with a long time preference. People would benefit to view Bitcoin as a 4-year cycle and focus less on making a few dollars off individual trades, but stacking BTC while it’s cheap and selling only during certain period that have been long predetermined.

Seeing the various kinds of speculation lately, of course, we will be very interested in buying it now so that we can get big profits later, but we must still be able to control ourselves, don't use all our assets for this, maybe not all speculation can occur in the near future.

In investing in bitcoin, of course it will be very profitable in the future, of course in investing we have to know when we have to buy it, but in terms of investing in bitcoin I think this is a good time to buy it and we must be able to hold it so we can get big profit.

It is true that bitcoin is having a hard time trying to break $30,000 but that doesn't mean it will definitely drop below 29,000 or 28,000 or deeper. I agree with you that we need to have an analysis before making a decision to buy bitcoin, but if you think buying at this time is not appropriate, I disagree. If you are a long-term investor and use DCA tactics, why not now? $30k is also not a bad entry point if your bitcoin sell target is a new ATH. Don't hesitate to buy bitcoins whenever you can because bitcoins are unpredictable, and neither analysis can guarantee you. What if bitcoin doesn't drop below $28k and it breaks $30k and approaches $35k? You will buy at a higher price now.

The market is showing a sign that it will retract to the region below 25k before it will bull. This may happen and it may also not happen, but the likelihood that it will happen is high than the tendency that it will not happen. But then, considering the price of bitcoin being below 29k and the ATH of bitcoin is about 69k. This shows that a buy now will be profitable in the long term investment.
Another way to overcome your fear is to go with the DCA method. By this you may survive even if the market dips unexpectedly.

If one is thinking of long-term investment then entry into Bitcoin can be a good entry at this time. Bitcoin price may drop to $25k, but it is more likely that Bitcoin will touch $35k soon. If the price of Bitcoin falls after taking an entry in the current time, instead of worrying, we can get another entry opportunity. I agree with you that if someone is a long term investor why can't he enter at this price. We certainly expect Bitcoin to make a new all-time high this bull season. Looking at the current price, you can say that there should never be any hesitation in buying Bitcoin, but if Bitcoin crosses the $50k mark, one has to be cautious in taking an entry. The timing of entry into Bitcoin is very important. Wrong entry can lead to loss instead of profit.

Every price would be an entry price and this is something that would really be that not much of an issue to those people who are really that going for long term but for those who are doing short term then they are the ones who would really be that too mindful about having those entries on which using up different analysis and approach using TA's and FA's at the same time. The main question now is, would it really be that ideal to take up some buy as of this current writing or moment when it comes to its price? I could say that it isnt really that bad on having an entry on this point and as long you arent dealing with futures and dont
set some stop losses then you should be fine specially if you are doing spots but if futures then its not guarantee.

For most people now are waiting for 25k below price in speaking about the support but its not something guarantee that we would be seeing these numbers but eventually it would be basing up
if the market would be having some negative news then we might be able to touch up that space but if there's none then this might be the bottom that we are seeing now.

If talking about trading or trading futures, you need more analysis, more data to choose the right time to trade. But if you are a long term investor and only sell bitcoin during the next bull season then you can even buy now without analysis.



In short, anything is possible and bitcoin remains unpredictable. But we are talking long term holding, so buying now is perfectly appropriate even if bitcoin drops to $25k right after we buy, it won't affect us if we don't sell it. But if we don't buy from now, bitcoin doesn't drop to $25k but goes to $35k then that will be a big problem for us.

If it's for long term investing I think there's a lot of the right time to get in, we just need to stick to the previous ATH, that's if we plan to invest long term.
but for Bitcoin trading, of course entry time is the most important thing, there are many indications that must be studied beforehand and look at Bitcoin price movements/charts because that really determines profit or loss.
As it is right now, the price of Bitcoin tends to be stable and I think that if so, everything is possible.

Yeah I can see this is where most people got it twisted by waiting for a commendation while the time keeps going, even though I didn't derived anything from your post but I got this clearly "when you said last year the price was around 15k to 19k" have you compared the margin? Yes this alone should sound as a big lesson to you because if that you did invest last year with the accumulation process you could had have ended up cycling lots of fractions without waiting for people's commendations or validations.

Anytime any moments any hours is always the good time to buy because let's turned back the hand of time you would see that each year that passes by are always good time to buy despite haven achieved another high price target but that doesn't mean we won't experience another greater one in time to come, so comparing whether to trade or investment.

We'll To me is best advisable to follow up the one you think of handling without any stress of having to witness any heart breaking since most people do attached so much feelings to their investment could make them restlessness alongside when the market seems that be unstable.

So, why not declare interest to start your journey than waiting for recommendations and validations, even if you don't investment today you would still come back to start regretting of your past of not taking the bold steps and invest at the right time.

    -    If you are a long term holder, you should not ask if you are going to wait for Bitcoin's value to drop, instead when you have Bitcoin to buy regardless of its current price, buy it, this is the DCA (Dollar cost average) method. you are saving for the coming bull run next year.

Because if that's the way you think before you buy, you're not a long-term holder, that's just the way it is, the one who wants to do day trading activity. So if you ask such a question, it also means that you don't know what you are investing in this Bitcoin business. You should make sure and find out for yourself if you are a short or long-term holder, this is just a peace of reminders.

No day trader would ask that stupid question, I think OP is a long term investor but he is looking for a better price to buy bitcoin.

I know there are some investors in my area who have yet to buy bitcoin because they still believe there is going to be a bigger dumping coming and they are still waiting for that to happen. But I assure you they will have to buy higher than current price because of their greed, they missed the opportunity when bitcoin dropped to $15k last year and now they are still waiting.

OP will be in the same situation as those people if he continues to wait to buy low, while we all know bitcoin is unpredictable. Furthermore, we have a DCA strategy, why don't we take advantage of it?

Those people that are waiting to buy bitcoin in a lower price are only procrastinating and they might end up not having any bitcoin. They wouldn't also make profit from bitcoin bull run because they are greedy and it might lead them to great loss,if they get the FOMO when bitcoin price gets to the bull run. Before they  know it,the bull market will be over and their investment will depreciate drastically.

Such people are the ones that will think that they have been fooled but no knowing that it was their greed that made them to buy at the wrong time. It is better to buy now because we might not see bitcoin price as low as this anymore before the bull run.

I don't think what in people or trader minds about waiting for dip price for reinvesting, many time when bitcoin price drop drastically almost of them worried and will bitcoin scam later? Need to change with trader mindset with great opportunity coming and bitcoin have been in the dip price why now not buy as much possibility and what for waiting for another dip?
Current Bitcoin price looks have been in the dip price and don't waiting when close with halving bitcoin will drop, actually closing with halving almost coins will back to higher price and there are not chance yet for buying in dip price. Invest now or never if want earn profit later without needed waiting another time for bitcoin or altcoin back to dip price.

Investing without a specific plan and just entering the market with greed will always have bad results. But that is the law of financial markets, we cannot expect everyone to be equally wise. If there are no greedy and stupid people, who will become the liquidity pool for the market? It sounds harsh but that's what's going on. The marketplace is a battlefield, which means there will be winners and losers, without a marketplace, everyone wins.

But what's to blame here is when they lose because of their blind greed, but they blame the bitcoin scam instead of admitting they're stupid, as you said.

I want to say one thing Bitcoin is a Good Investment in 2023 and the questions you ask about that I think are normal and reasonable. Well, try to role go back for a moment and pay attention to the performance of investors who have been successful before, i.e. long term Bitcoin Investors and they have done better and remember guys, Next Bitcoin Halving is Getting Closer and finally Bitcoin is Very Liquid and Affordable whenever you want sell back after you buy because BTC is traded 24 hours per day, 7 days per week. meaning do you exchange your Bitcoin for money anytime.

It's true, as you said, without planning in investing, if we don't have some planning, it will make us very greedy, we can't control ourselves in a fluctuating market, it will be very detrimental for us. I like your term the market is a battlefield only people who have special skills can win a battle. I think only stupid people don't want to be blamed, if people have a high sense of curiosity, of course they will learn if they fail.

What Bitcoin investors are thinking about this year is not a sector that can be exchanged at any time, but a sector that has better and decent profits. Because in terms of exchanging it at any time, it has been very clear from the past that Bitcoin can indeed be exchanged at any time in the market as long as someone has it.

Because most investors when buying Bitcoin for the first time also use money from their respective countries which are then put into the market, so it is very logical in this case that what investors are thinking about now is long-term profits, not the problem of being able to exchange when just. And the proof of profits in the past can also be seen by many people if investors who often invest in Bitcoin for a certain duration, it can be said that they have won extraordinary wins through their own investments.

I think the usual thing is if we invest and hope to get big profits, there is no word greedy for investors, of course people who buy bitcoin when the price is below $ 1 and then hold it until now are not greedy people, they are always patient and want to sell at a lower price higher, of course the risk always makes us vigilant.

Dip just happened over the last 24 hours and funnily enough, I don't see people rushing to buy but recovery looks like it's about to happen anyway.

Trick as usual is to guess if it goes even lower or if it can recover 30k.

Nobody thinks this is a great buy opp?

In fact, this is not a term, but rather a common sense that must exist for everyone who likes to enter the market to trade for profit. Because without learning how to trade or how to invest and how to manage capital well enough, someone will experience something very unfortunate when losses come their way. So obviously there has to be some special expertise if we like to be in the market long term, but for investors I don't think they need to be in the market very long and often because they prefer to keep assets after buying at the price level they want.

Waiting and being patient is part of the struggle or effort on the part of the investors themselves so that they are not greedy people because they have tried their best when buying Bitcoin at low prices which maybe at that time not many people had the ability to do the same thing. So those who benefit from investment are also very much based on their own beliefs in terms of not having any hesitation to buy when they see that the price of Bitcoin has been at a cheap level.

Long term or short term which it would really be that varying or depending on someones goals and preference on which we know that not all would really be holding for long term and would really be having plans on dealing with it on shorter term. We arent that dumb or numb not to see about Bitcoins potential in regarding on just seeing on what are the things that happened in the past.

When you are tending to buy then you would be always looking for the bottom and how to realize the bottom or how you would be able to know that spot? This is what everybody is really that
trying out to target on which since this market is that random and unpredictable then positioning would  really be random too on those points. Buying or selling decisions would be entirely
be depending on which your analysis is been telling. We do have different approach and analysis we do have and this is why decisions and positioning would really be varying.
Now that we are on some decline then its impossible that there would be no traders wont be seeing this as an opportunity.

That will never happen at this stage. Even if it does, he won't have the time to buy it like he thinks he does. Crashes like that are sudden and will be extremely low liquidity. Even if he has a limit order which I doubt he has it won't be filled.

Classic error for newbies who think they can time, and then rally comes and they miss the ship :)

At the present level, do you think the bottom have been established? I'm just seeking your opinion and not really financial advise. Personally I feel it has been established but then, the market will do what it wants.

There's no one would be able to identify whether the current price would be the bottom or not and its not something that could be known whether the price would be pointing into its lowest price as of this moment or would

really be able to go far more below with the current numbers that we do have now. This is why it would really be just that not easy if you do always look for the bottom but well it is really just that always a challenge on predicting prices because of this unpredictable behavior of this market, this is why we do hit or miss out certain conditions but if you are that someone who do really go for long term then these movements wont really be that an issue but since not all going for long term then this is why they would really be that mindful on short term approach.

Now is the decision whether you would really be buying on this dip or would really be waiting up for more lower price which its not been sure whether it would push through below or we
would be seeing some next in line recovery which its always been a normal situation that we do have in this market because the market cant really be just moving in one path.

No, I think I made it clear before bottom has to come with a major bad event, which strangely hasn't happened yet. Luna and FTX collapses were bad but very short periods and not "global" enough. We need major disaster first.


All these guys ask pointless questions as if opinions change anyone's mind. Other posts say Elon Musk, so if he Tweets people will follow? Nobody who says they are waiting for right price will buy, it's all empty talk and the real buyers are just happily waiting AND buying.

I think it does make sense to put an order at those levels in order to make sure that you buy it at the dip, but it would be smarter to have some spread across a lot of prices. Like do not have one for very little, I could put an order at 1k if it ever gets there, just in case, doesn't mean it I will get it.

So why not have some at 25k, some at 23k, some at 20k, some at 17k and so forth? That way I would be buying along the way when it is going down, and wherever it stops, I will not be too late to buy, and already bought some on the way. That will definitely benefit people, I did sort of like that at 30k and 29k, but that doesn't mean that we are going to be right all the time, like me who bought at 29k but it went lower.

I think in this situation DCA is best for investors. Do not sold Your Coin just now. We saw Bitcoin price still decreasing, Now Bitcoin price is Near about $26k. I think it will more dump. So my advice we have to buy in every dump. It is better strategy for crypto investment. Cryptocurrency market is always unpredictable it could pump anytime. So DCA is best strategy for every investors. My analysis telling ot could be come $23k again and from there Bitcoin price will up again and first quarter of 2024 Bitcoin price will tough ATH and end of the 2024 Bitcoin price will hit $100. So i think never anyone should sold his Bitcoin now. Wait for next Bull session.

Investment has no specific period because the market is volatile and unpredictable, if you say that this is the best to to invest and the market suddenly shoot up before you purchase or the market deeply fall down to the bottom and at that time of two to three months you want to sell the bitcoin to pay bill what will you do? So you have to take time to make some research and surveys before you key into the market so that you will not be shacking. But to say the truth this period is also good to buy buy but please understand the market first.

While I don't know if bitcoin will go up or continue to fall in the coming days, I don't trust your analysis as I don't see technical analysis working well for bitcoin.  with what happened in the past few days, it broke everyone's analysis, no one made an accurate prediction with what happened.
But I totally agree with your DCA strategy, let's always buy at every dump.  it is the best solution for an unpredictable market like bitcoin.  

But the confusing thing is that many people do not want to use it, and they are always looking for the lowest price to buy while we all know it is impossible to know where is the bottom and where is the top of bitcoin.

Trust me mate, start Buying now ., you have waste a month since you asked this in july , so please consider buying these days or else you will regret that.
he is waiting for a couple of thousand before considering it dip, but the more she waits is the more she losses a chances.
buy now or buy never.

Only serious or enterprise level traders set limit order mostly because you need to lock your capital. Then, most platforms also restrict you on the minimum/maximum level you ca limit at, in my experience only high level verified traders get a good % of current price (all the flash crash events resulted in this.

Newbies and amateur traders who're mainly posting these are too busy short term trading to keep aside limit order capital ;)

I keep saying, prove me wrong :P

Ah but you can just buy again!

So we have a dip now, I sincerely hope that with this the people who were holding out
for "the dip" have actually bought it after waiting and waiting and havent partaken
in DCA.

This recent dip was a perfect opportunity to buy cheaper Bitcoin and the chances of
sub $30k pricing will get les and less as we move closer to the halving and even the
six months prior tome frame.

The dip is completed unexpected and the price of bitcoin have fallen below 20 week average. The price have fallen 18% from the peak value registered on July. Sellers are in perfect control and there is no specific reason described as the reason for the crash in the market.

The price drop is a perfect opportunity to buy at a lower price. The price of bitcoin used to be bullish when we get close to halving. In connection to the halving there used to have some downturn in the market and from there bullish move takes place than bouncing from a higher price.

Like I've been saying this entire thread, I think those posters generally aren't really even doing what they're claiming. Anyone serious enough is already doing DCA. Anyone who said at 30k they were waiting for the dip, I bet you, they're waiting for 20k now. And guess if they'll buy at 20k ;)


And have you bought any? No point saying what everyone else knows, especially if you're not buying :)

Looks like you have a view in market mate, because if this continues then we may expect seeing 20k level as we are now dumped at 25-26k level.
and also seeing the market moving towards downing ?
i believe that we will stay long in this situation and maybe will see the best thing next year or the next.

Currently the price of Bitcoin has been steadily declining in recent weeks despite a slow correction, we are getting further away from the 30k price.
No one really knows to what extent Bitcoin will fall and when it will recover, but there are several indicators that can be studied before deciding to enter/buy.
I think the matter of waiting or entering now depends on future planning, the price of Bitcoin continues to move rapidly so we must also be prepared for that.

Quite possibly you are right, there will be those who will hold out for lower prices and
will inevitably miss out and have to buy higher than NOW

It wasnt too long ago where some people were holding out for sub $10,000 prices,
and actually much lower - which didnt happen so they probably ended up either not
buying or buying at a higher price.

and in the not so distant future there will be some people saying they missed the opportunity
to buy at $26,000.

Regrets do always come at the end but you cant blame out people on having that kind of positivity that the price might be able to hit up below or reaching out that 10k price level because
if we are really that trying out to look or see on how low did the price goes down from 69k - 15k then reaching out that 10k point wont really be that impossible and this is where those bearboys
are really that waiting for them to do so just because they are really that optimistic with that point but its true that this kind of perception will really be leading into that possible missed opportunity
for you to miss out those buying opportunity. Pretty sure that they might had able to miss out on buying on that 15k price because they are hoping that 10k would be touched up.
Well, its their choice to make though but if you do keep on sticking with your plans even it turns out to be that nearly that impossible then it would really be causing for you to miss
out tons of opportunity on which if you had just make out such action or step then you might already have made out some profits.

Exactly. Luna and FTX crash people were proudly saying of 9k lows and great entry points. Where are they now? Nice to get but nicer to have average buys between 15k and 30k the whole time since then.

After next halving, people will be waiting for price to crash below 30k, and it will also never happen ;)

I'm not such a smart guy but Bitcoin price is so easy to understand if you think about it lol

If you don't have bitcoins at all then it will benefit you that you should buy now because the price will go up more in the coming months. I think now is the opportunity to buy bitcoins and those who want to sell bitcoins now will not be very profitable.  The dip was there throughout 2022 but now the price of Bitcoin has changed something .  I think there is no need to wait to buy bitcoins but there is definitely a need to wait to sell bitcoins.  Because long term investment definitely gives good returns.

Choosing certain value and percentage that if you have get this amount then selling will be the best option but some people makes plan but don't follow it and wants to have more money which is totally wrong.

Once a man made mistake and loss money then its not a way to be worried and don't do it again but actually these are some steps which are necessary for success. As you face problems in life then you will not say goodbye to life but you will verify the reason behind the problems and will solve it with the passage of time.

Same is the case in trading if you don't win with few tries then you will not leave it but you will go to look the main cause to remove the cause or overcome it.

If you are thinking of the best time to buy bitcoin, or waiting for the time which you can call the right time to buy, you might end up not even buying Bitcoin at all, because that time might never come to pass, as you are waiting for it to drop to 20k before you will buy others are also waiting for it to jump to 30k before they will sell, the dump you are expecting might not happen when you expect it, it might come when you have no longer have the money available.

The best thing to do is not to have an actually buying price in mind instead you should focus on arranging an actual buying capital which you can use in buying it when the time comes, and when ever you succeed in gathering up the money then you can start buying your bitcoin and don’t wait for price to drop first before you buy it.

I didn't understand in past but now I think its best to not wait a lot while accumulated Bitcoin. Best thing to do is to lower your average cost by buying in bulks. You may define a point to start buying. I personally see that point around 20-23k levels. I see 18k as real dip but its dangerous to wait for it. I would rather start buying at 24-23k levels to be ready when Bitcoin rally restarts. I think it will start soon probably in October or November or December at max.

There are two types of buyers who very often enter and appear on the market in any market condition and you also have to understand this because not everyone wants to think that the current price is low. If someone is buying for long-term investment purposes, perhaps he will not consider the current price as much because he will be saving for the long term.

But for traders who like to take short-term profits with certain amounts that may not be that much, they will always consider lower prices with the patience they have. Although sometimes traders who are tired of waiting for low prices will also buy at the current price even though they will not change their goals which only focus on short-term profits.

I agree that waiting for the $ 18k figure is quite dangerous, even though it is technically seen potential but the market may never touch the number again, by some positive sentiment of Bitcoin which makes it rise briefly, and if waiting for that number we will lose the opportunity Buy Bitcoin at the current price.
The logic that I use to buy Bitcoin, as long as the price is still below the 200 WMA line, continue the average cost on a large scale, but only for the time period of Q4 this year.


You see it clearly and it's true, investors who have long-term goals in investing in Bitcoin, they do not care about the current price, because overall Bitcoin is still far from ATH which was last once made by Bitcoin, and on average from them more look that direction. While investors who have short jagka, they count a lot and see a variety of potentials, which aims to get a near -term profit, strategies in purchases may be very similar but through different approaches and goals.

People should realize this on which they should really be setting up those lines in regarding about selling point or target numbers for them to release their bags and would be having that another cycle or set of positioning
when the time comes that the market would really be making out some significant move. Due to unpredictability of the market then you cant really just make out that DCA method so easily even if you do have that
money or finances for you to be able to do such thing but due to movement and having those doubts that it might be getting to bottom even more on which this is something that we would really be assuming that it would happen and this is something that normal, even myself which i do make trades for how many years but when it comes to positioning then you would really be having doubts on taking up some action.
This is why it would really be always that wise to set up those lines on how low you could really be able to get low and would make out such movement because dont let yourself that waiting up too much
on which it might causes for you to miss out those opportunities for you to dive in but well every move or action be taken would really be that involved such risks.

Too early to set up lines (you mean putting limit sell orders?).

And you obviously don't know what you're taling about. It's exctly 100% because of the unpredictability that DCA works here. DCA is built literally to counter the overthinking and overanalysis in an unpredictable market.

For someone with supposed trader of many years :P

By the way, Gosh bro did you have to quote the entire wall of posts that's over 1 month old, now tagging all of us including not relevant? And type long sentences without period?

No one of us can predict accurately how much bitcoin will cost before the year is over. There are still a few months left in the year, and bitcoin is already bouncing between $25k and $26k+. We are unsure of whether the price will continue to decrease or rise slightly. In any case, I anticipate that bitcoin will complete this bear market at a price of $24k.

By the end of the year, I predict that the price of bitcoin will reach $30,000.

Well. the bear market is far from over. We are in the bear market at the moment and haven't touched the bottom yet. Although the price is stabilized at around $26k, this does not mean the bear market is over. There are chances that the market will slightly pump toward $30k to lure in more retail investors before the final dip. I think the bottom will be somewhere around $15k. The price will reach a new ATH in 2025.
 

Hopefully, we all expect the $30,000 price to be reached again and that will be the deciding point whether bitcoin will continue to rise or not.
But hopefully, there will be a reversal to the upside.

Looking at the month of October which is a month of increase as in previous years.

The bottom of $15,000 seems scary, but when we are ready with our mental san financial management then that price will be the cheapest target price to start collecting more Bitcoin.

That is an opportunity for retail investors to get in before the whales get in first.
We will see the market price change in 2024-2025.

In terms of price decline predictions, I don't think Bitcoin will return to $15K again this year and also next year because next year will be hindered by the halving before the increase to reach the ATH in the year you mentioned. From the level of price stability in the $26K range alone, we can see that there are still a lot of buyers in that low price range so that the drive for better resilience can still appear in Bitcoin and prevent Bitcoin from dropping as deeply as at the price you mentioned.

We never know for sure whether Bitcoin will lose more of its value pre-halving or will be able to surpass its strongest resistance. I agree that it's hard to expect a big dump without bad supporting factors like what happened to FTX or a breakdown in investor confidence in the industry. So $15k can't be expected without any downside, but high resistance is something most would expect ahead of the halving.

Today the price of bitcoin has increased several percent compared to the previous day. The market is likely expected to continue strengthening towards the end of September, but it still feels difficult to hold $27k as strong support for bitcoin. I hope October is a month of recovery for bitcoin prices, there is hope even though it is uncertain.

There are already some previous analysis about getting some those breaking previous ATH pumps on that pre-halving period of Bitcoin.

Bitcoin’s next all-time high identified as BTC follows pre-halving pattern like ‘clockwork
https://finbold.com/bitcoins-next-all-time-high-identified-as-btc-follows-pre-halving-pattern-like-clockwork/

Bitcoin Could Rally to $63K Ahead of Next Mining Reward Halving: Matrixport
https://www.coindesk.com/markets/2022/10/28/bitcoin-could-rally-to-63k-by-2024-mining-reward-halving-matrixport/

But of course everything would really be that just a speculation. There's no way that it would be known until it would be proven out.
Is this the time to buy in the dip? Then people should have done that on the time that the price did hit up $25k and i dont see that the price
would really be going that low ever again specially now that we are fast approaching with the bitcoin halving.

I'm not sure how you determine bear season from normal market corrections as it was totally different because what we have experienced now is not a bear market situation but just price corrections. Often we saw such a bear market after the bull run and we're done last year. What we have now is just a usual market trend trend the UP and DOWN sentiment of the market. With the current price, I couldn't think about bouncing it back to $15k but instead, I was positive to reach $30k before this year ended.