Bitcoin Forum

As new investors we expected Bitcoin to touch $100k this year but it is currently in a bit of a downward trend. Still I'm more optimistic that I can buy Bitcoin at my expected DIPS but if it continues to be bearish for longer I may regret not buying at a lower price. Waiting for more dips may give better results although chances may be last. My question is should we continue buying now given the value of Bitcoin? How fruitful is the initial target for Bitcoin holding until 2025?

I value speculation when it comes to investing.

https://www.coindesk.com/markets/2024/06/21/bitcoin-options-market-isnt-buying-btc-price-weakness-shows-bias-for-100k-calls/

How dip does this have to get before buying?, Is this current dip not good enough?. This is clearly a big opportunity that so many has been looking towards and not waiting for, because you don't hold your funds and wait for a dip. Due to uncertainty of what might happen next, it is advisable to buy at any given dip especially the one we are experiencing now. The price of Bitcoin might move up at any time, making you to miss such a great opportunity. There isn't too many things to talk about here, just by the dip already. If we experience a further Dip tomorrow, also make purchases. Every moment with Bitcoin presents an opportunity.

Then you've chosen the wrong approach. Even though speculations sometimes affect the market, but you should understand that some speculations are false, while others are true. So don't be left stranded in the middle of all this.

Yes OP you will have to make a move a some stage and todays movement is a perfect
opportunity to dive in.

We are just after witnessing a load of longs getting liquidated which results in
a spiral downwards.

Also the German government has started selling off Bitcoin which was seized previously.

https://finance.yahoo.com/news/german-government-begins-massive-bitcoin-051312544.html?guccounter=1

https://talkimg.com/images/2024/06/24/hYSLo.jpeg

Buying now is much better during the drop to $61K, do you think that bitcoin will drop to $50K again? I don't think that will happen although I don't know the future but now the downward trend is due to a lot of negative news.

The initial target until 2025 then only needs 6 months, which means you don't have long to hold it, while other investors buy early and hold for several years to wait for the current cycle to come, while $100K in 2025 is already widely predicted, so buy early.

You say you are a new investor and you don't look like you have much capital to invest. The best thing to do is to invest for the long term, making regular purchases, known as DCA. Many like you try to hit the dip to sell out of fear when the price continues to fall. So it seems to me that you are going about this the wrong way.

Buy at the dips and hold it for long term, but it takes a lot of patience and persistency to make it possible. Most particularly for beginner investors, they really think that once they start purchasing at dips, it will start to move up until it finally reaches an impressive amount, but most of the time bitcoin price goes the opposite way, one thing that will definitely test their patience.

However, DCA is the key. Don’t be too affected whenever bitcoin price continues to drop, that’s already expected in the market, but after some time, surely it’s price will recover again when the market is no longer in bleed.

There is nothing fast in bitcoin investment all need patience and persistence in that person, bitcoin is not a get rich quick scheme.
But OP can buy regularly by doing DCA from now onwards if the price of bitcoin rises again, especially many who predict that in 2025 the price of bitcoin will be bullish, OP will feel the profit in a short time.
But that should not be too pursued think now how the accumulation continues to be done all the time.

Bitcoin keeps pumping and dumping to 58K to 72K range for a couple of months since Bitcoin price hit the new ATH which is just slightly higher than the previous ATH.

This current downtrend is not new and will probably find support at 60K or 50K level. There’s no strong negative news that will cause FUD to the market in long term so this downtrend will not gonna last longer. You’re right that we should keep buying wheneve Bitcoin hits the support level because this will give a good profit potential once the price recover again.

I’m using trading bot for grid trading which is very efficient on market like this.

Buy more Bitcoin when downward if you have unused money.
If you don't have unused money, just hold your coins.

But, the reality is opposite, people scared to accumulate Bitcoin because they believe Bitcoin price will continue to drop and people who have Bitcoin choose to sell their coins because they don't want to loss more.

Although the future isn't always same like the past history, but there are no asset that better than Bitcoin right now.

As a newbie who wants to start his bitcoin investment, waiting for a bitcoin dip before you start accumulating bitcoin is a wrong idea. It will delay your bitcoin accumulation journey or make you miss out on accumulating bitcoin because if bitcoin doesn't dip to your expected price, you will not accumulate it. You can start accumulating bitcoin with the DCA strategy either weekly or monthly when your DCA money is readily available. With the DCA strategy, you don't need to wait for a bitcoin dip before you can accumulate bitcoin because you will accumulate bitcoin even when the bitcoin price is increasing or decreasing.

This month of June has been being nasty for Bitcoin, although nothing guarantees the next month is going to be anything better, as Mt. Gox is going to start repayments to customers, what can lead this market to even more sales of Bitcoins and crashes in price. I didn't imagine Bitcoin could drop to 61,000$ like that at current stage. Of course this crash will launch a pessimism trend among investors, until whales buy the dip and push Bitcoin upside once again.

If you want to buy Bitcoin now, go ahead, but be prepared to wait until October or November to see some progress in your portfolio, because that is a serious possibility.

You should, everyone should, it's a good advice. A lot of people have said this and yet if you loo kat the market you will see that there are a lot of people who sell when the price is low, and that is why I think it is quite bad to see that, we should probably consider that as not a simple thing. If it is so easy that we are going to end up with a result that would be so easy to handle, then why are we having an issue to begin with?

We shouldn't have this problem, people should not be selling when it is going downward, but then it wouldn't go down if people are not selling and yet we are, then it means people are selling when they shouldn't, and been doing that for decades in all kinds of markets, which means it is not easy to make people hold.

You can start stashing Bitcoin at regular intervals without waiting for dips, which will keep the stash size growing regardless of upward or downward price trends over time. There are many new investors who wait in hopes of buying more dips but that opportunity can be lost for a long time and the price increases. DCA strategy can open up new horizons that will show you the price average as the size of the future Bitcoin pile increases. You should focus only on long term bitcoin accumulation trends.

For me, if I’m to invest in bitcoin, even the current price is enough to invest because it is already deep, and this deep is enough to invest in bitcoin. Because the price of bitcoin is unpredictable, you may think of waiting and later miss out on the opportunity of the time you are supposed to invest in it because the price may rise at any time.

However, asking if you should continue will be kind of hard for people to answer you here because the risk and how the market works matter a lot, and that’s why people do not want to advise newcomers to invest or not; rather, it would be better if you did. Furthermore, 2025 is too close for someone who wants to invest for a long time. I think you should invest if you want to till the time you see it reach your target to sell.

If we talk about the value of Bitcoin, then when the price goes down we must be able to buy again, because the value of Bitcoin is not based on the current price - it is only based on market movements which can be up and down - but the value of Bitcoin is calculated based on with its potential and how its adoption will increase in the future. If you believe in the value of Bitcoin in the future, then buying now is not a bad decision, because you can accumulate and hold your Bitcoin until you can make a profit when the price rises later.

There are many people who always look forward to the moment of decline to buy, so quite a few people feel like why not wait when the price is below the price they bought at that time. Very often we hear regrets like that. If they are willing to learn it, there is a good pattern for them to implement so that cheap regrets like that change permanently.

Each person will feel certainty regarding the target of success with the strategy used. If it holds from January 2024, I think it will be profitable if the profit is meant as success.

I'm sure that out there, we will find various speculations that have been discussed by many people, crypto/Bitcoin experts, investors and so on, indeed the method of buying when it's cheap/down is commonplace and definitely done by many Bitcoin users.

However, some speculation has collided with existing speculation, some think Bitcoin could reach the $100k level but not in 2025, maybe in the next two or three years, to be precise, the halving phenomenon will happen again, but others think $100k will happen in the following year, the point is that we respect all of that, whatever happens is of course all for the good of Bitcoin users.

But we can see, for now there is no clear point in the direction of Bitcoin's decline for a suitable price to buy in the long term, many are speculating that Bitcoin will fall even further, don't know when that will happen, maybe we will consider things that can be sure that Bitcoin has really found a bottom and we can take the next step.

What are those expected dips you are talking about? You talk as though you or someone somewhere is in control of the price .

The least you can do now is to linger from buying at this you've met, cause bitcoin price could rise even as am writing this down. We are all speculating which is the more reason you have to buy when you can than waiting for a more dip.

I should remind you that nobody had thought bitcoin price will dip this much after hitting a new ATH before the halving. A testament that the market is truly unpredictable with any accuracy.

I am optimistic that 2025 is a moon year for bitcoin, 100k by then will be an understatement.

The answer is that the BUY IN STAGES is better.
Use the capital you have to start buying gradually, or you can say it as a DCA strategy,
this will give you the opportunity to buy earlier, or even you can buy even lower with a better accumulation of purchases.

Manage your capital for every purchase so you have a Fiat reserve when prices continue to reach DIPs.
I'm also starting to do it at the moment, so I've got quite a lot of assets that I hold on to for the long term.
A bear market like this is the best opportunity to start buying and collecting.

Not only new investors but many old investors even all the members of this forum are hopeful that Bitcoin price will rise and touch $100k dollars this year. However, with the recent DIPS we have seen in the Bitcoin market, it seems that it may take a lot longer for the price of Bitcoin to reach $100k.

OP you said it's better to wait for a bearish market to buy bitcoins yes that's right. But I'm thinking the other way around is what if the price of bitcoin recovers from here the way bitcoin has gone down? Maybe you will regret it. It is better to DCA continuously rather than waiting for the price of Bitcoin to drop further. We saw a down in the bitcoin market but today we see a bit of an up it even increased to $62k.
https://www.talkimg.com/images/2024/06/26/hrds1.jpeg

A question you should ask is... What exact DIP value do you expect Bitcoin to be before it could suit yourself to buy? Bear it in mind that the value of Bitcoin can never DIP up to a zero value again as at when it was newly introduced and on the fact that its volatility is not as the Alt and Meme Coins that DIPs until it looses total value to zero and goes dumped.

So considering when you made this thread is DIPPed enough for you to accumulate as much as you can afford and that seems the best time for you to buy since the price of Bitcoin can be unpredictable. So the price may bearish at anytime.

The fruitfulness of holding your Bitcoin as at now against the nearest future is that 2025 will be fertile of which we would experience new ATH.

And by Speculations, investors are targeting $120K plus at the bull-run and its ATH. So, the more you accumulates and holds now til 2025 will determine your income by then.

No doubt, keep buy more bitcoin when downward moment but always left few percent of your assets or capital to buy back later when another downward of bitcoin price.
Recently bitcoin dropped under $59k and I believe many investor take good opportunity buy back many bitcoin after large correction price of bitcoin, but most of them not greedy by purchasing all capital for investing in bitcoin indeed at the great moment because believing one day later always have another downward moment for bitcoin price.

Learned from my mistake, just purchasing all my capital without left few percent loss good moment when bitcoin get large decreasing and potential earn much profitable when bitcoin return back to the higher price.
I have used difference way when purchasing bitcoin for next time downward moment and always keep left my capital around 30% to buy back if another dip price coming.

the issue with what you're saying is that you're looking at making a one time buy of Bitcoin at a price you're referring to as your expected DIP while it's certain that no one is sure if Bitcoin will ever go DIP further than it already is at this point and you've not also considered that for you to get good profit from buying at the DIP price, it has to be that the allocated amount you are buying with is actually much. If you buy now and then after a while it still goes more bearish, it's never a reason to regret your earlier buys, as long as it will still get bullish in the coming months or years, it's certainly putting you at a good profit. Instead of timing the market to look out for dips before buying Bitcoin, it's best that if the resource is available you can separate your funds into different segment so you can buy with some at this current price while still keeping others for iether a DIP price or an additional funds that's coming in to add to your portfolio.

waiting for more DIPs can't give you better results! It's only going to delay you and if in most cases before you finally wait till it gets to the point you would be comfortable to buy, you should have spent all the money away.
if you've not built a good stack of Bitcoin, then there is no point to slow down and if you're yet to start buying, it's even a better point to start buying. We've recently seen Bitcoin at $70k and $73k not long ago and that's certainly the first confidence that should tell you that buying at this current price isn't out of place at all.

This is a tough question. I think no one can tell exactly when we should start buying and also where should we start doing DCA. I myself started doing DCA at $65k and the DCA process is still ongoing for me but if it falls too low I will lose the amount I have and I will regret buying Bitcoin higher.

Looking at the current market situation it seems that the market will go down further and I have stopped doing DCA for a short time if the market goes down then I will start doing DCA again.

If the market goes above, it is also possible that we regret that we should have done something, so I have done a little bit and my advice is that you set a very small amount and start doing DCA. If the market goes down, you will have money to buy more and if the market goes up from here, you will not lose at all.

Once you have discovered the kind of bitcoin investor you're, then you will make use of the purchasing power at dip to buy, invest and hodl till the market pumps again, there are many things that should be considered the moment we realized that the market is on a particular phase or stage as some may as well call it circle, this is why it is very common that many buy the dip and hodl because the market will surely rise at any time.

There is better value in BTC when its unpopular, chasing after its rises always seems a little dangerous to me though its more popular to do so.  I wouldnt jump in too soon after a peak but buying into a dull lower set of prices is fine when its mostly short term moves.


Here today BTC is matching into a pattern leading us downwards, still its not aggressive.  When we break this negative trend it should be noticeably very positive but the better value is before that obvious rise.

https://talkimg.com/images/2024/06/26/hcEmC.png

Buying in dips makes you gain great advantage in the market, no doubt for that. However, spending all your capital and putting all your eggs in a single basket makes it more risky on your part, knowing bitcoin investment do not give immediate profits but will take long term hodling first before you will see significant profits taking place.

In fact, you might lose at first before you experience those massive profits in bitcoin, that is if you end up panic selling because you have fears that bitcoin price will drop even more when price correction is taking place temporarily in the market.

The reply you are looking for to best answer your questions is not possible. Any response you get to this your question is just base on speculated facts and not true facts that you can rely on. If you’ve been doing DCA since you started accumulating your bitcoin, you don’t need to worry about this dip, all you need to do is to buy again to settle the ones you’ve bought at an higher price in order to get a unified low amount for each unit of bitcoin. I have strong hope in bitcoin and I don’t doubt if it’s going to do well after the dip, of course it will do well looking at the future prospects of bitcoin as a whole.

Bitcoin resistance level went from 64,000$ to 62,000$ on the last days. Now it's trying hard to remain at 60,000$, but we know the support level is at 58,800$ already. The current trend indeed show losses in Bitcoin potential on the recent days, as it's slowly going down, while trying to remain stable.

In fact, there aren't strong reasons to justify why Bitcoin is doing badly these days, since there isn't any new impacting event at a global level which could explain this.

News keep saying about interest rates in US affecting Bitcoin price, but it doesn't make sense at all, because despite interest rates from US, Bitcoin still managed to hit a new ATH this year already. It seems when the market is favourable to Bitcoin, news' writters immediately create reasons to justify optimism, but when the market falls down, the same news' writters reuse the elements and factors they used previously as boosters for BTC price, to justify they harmed the market this time.

For an example: when BTC pumps, news say it's due to the expectation of interest rates in US decreasing. But when BTC dumps, news say it's due to the interest rates in US which still didn't decrease or didn't decrease significantly.

No doubt. Regardless of its price, if you have the plan for long term then you should keep on stacking up for yourself. No need for anyone's validation as long as you have that plan to have Bitcoin until that time comes for you to sell.

But are we going to sell all? not probably.

We will never know but we're expecting it to be fruitful and better than 2021. So, don't doubt the numbers and the historical charts of Bitcoin.

Because as they say, "history repeats itself". And that's what we're believing to happen for 2025 as every halving, the next year that comes becomes bullish.

Everyone will of course think as you said, of course we will be able to make a profit if we buy it when the price is decreasing and we will be able to make a profit when there is an increase and sell it, but we must be able to set limits so that we don't miss the opportunity to make a profit and if we choose to put all the funds we have in one place and we cannot hold them for a long period of time of course this will be detrimental to us when we need these funds and the price has not increased of course we have to take them and this could result in us experiencing losses or However, it is difficult for us to profit from this situation, so it would be better for us to invest funds according to our ability to survive for a long period of time to be able to look forward to profits and not experience disruption in holding the investment we make.

Maybe DCA is not for you? After all the whole point of DCA is to buy the assets you like at set intervals regardless of the price they have at the moment, if you have stopped buying bitcoin now that it is cheaper and it is the best possible moment to buy it, then by the time you resume implementing that strategy the price will be way more expensive.

Now I will admit that using a DCA strategy is counterintuitive, since it may not seem to make much sense that money could be made this way, but the evidence is very clear this is the case.

The entire market is expecting bitcoin to reach a new ATH or touch $100K by 2025 but none of us can guarantee or be sure about that. So if your plan is to just speculate, meaning you buy bitcoin now or maybe buy it at a lower price and expect to make a profit by 2025, that's very risky and uncertain.
Based on the cycle of previous years and if history repeats itself, your plan will be perfect, but history can also change, the bull season may come earlier, later or worse, it will not come. You should not ignore this scenario because anything can happen. That's why people prefer long-term investments in bitcoin rather than speculation.

Buying on dips or DCA will always be a great strategy but it only works when we invest long-term, it does not work for short-term or medium-term speculation.

I wish more people did this, it is obvious that we are not dealing with anything all that crazy, we should consider how to make some return when we can, and because of that we are dealing with something that is going to be easier, and should be fine. I think it is clear that we are seeing this type of issue rising more and more, and that is why things aren't that simple.

We need to make sure that we can make some returns, and for that to mean something we need to be more careful about it. I know that it is going to take some time, and I know that we are going to end up with a lot better result, we just need to make sure that we know what we are doing. If you buy when it is down like this, at near 62k or so, then I am sure that you will profit later on.

The speculations going on about bitcoin crossing the $100k mark is not something that cannot be achieved within a few months. We are currently experiencing a downward trend when we are all expecting the bull run but it’s not the end of the year yet so there is no need to panic instead we have been presented with an opportunity to keep buying the dip and keep preparing for the soon to come bullish trend.

Since the bull is around the corner we should utilize this opportunity and keep buying at every dip we can buy and try not to exceed the limit you can afford.

If you have money then we can buy bitcoin in a dip but there are still ways to accumulate even if we don't have much money to buy in large quantities. If the investment concept you are running is a long-term choice then buying bitcoin at the current price is not a problem because even if bitcoin falls in the future there will be a time when bitcoin will strengthen again at a much higher price. If you want a balance of purchases then we can use the DCA pattern to accumulate so that when there is a decline we can use spare money to buy in much larger amounts.

There is always speculation about bitcoin and this is why bitcoin can always give surprises, where the price can go up or down beyond predictions. But if we choose long-term investment, then buying bitcoin at any price is not a problem. Waiting for the price to drop is also not necessarily able to buy it because it is feared that when bitcoin goes down we do not have the money to buy it. It is better to use the DCA pattern to buy so that we can set the desired purchase amount according to the capital we have.

The targets are not what is going to happen but just speculation and this should not make you invest or you will be depending on what other people are saying for you to make your investments. If you listen to podcasts about Bitcoin price and influencer talking about Bitcoin price in 2025, they will be predicting high numbers to happen but it is impossible because there is no way the price of Bitcoin can get to $1milliom right now. It can happen in the future but not in this bull market. A more realistic price is between $100,000 to $200,000 and that is my target therefore I'll keep buying until Bitcoin gets to that price then I can sell to take profits while I wait for some corrections that will lead us into the bear market to buy at a lower price.

You would really be able to see the relevance when you have a USDT which is really that reserve for this moment on the time that the market will really be having its correction.
Honestly, when the market would really be making out such correction or dip then it would really be just that so hard for you to make out such consideration on taking up some buybacks or DCA.
Why? the main issue on here is on your own mind and emotions on which you would really be thinking that you would be needing to chase up with with bottom. This is why people would really be
that missing out those good entry just because they would really be hindering out on the moment that the market will really be making up such correction.

Market cant really be just that only having that one path to take or movement to have on which it would really be just that normal with those ups and downs.
It couldnt really be moving on just one path because that wont really be called a market in the first place if it would be just like that.

But still though, we should really have a clear target when we are going to sell, at this point for sure we are all on the $100k boat or higher. And I think there is nothing wrong with making this kind of predictions. As for listening to podcast, depends on which influencer though, you could have more knowledge than him to be honest, so for me it's not worth to listen to them as just like you and me they are just making prediction base on what the current trend is and making wild and educated guess.

So it's better to do your own analysis of it and see how it goes. At least you will learn how to do TA and it could be beneficial to you in the end. It might be hard in the beginning, but that's where everyone here started until they became adopt on technical analysis.

That's why we have to have a reserve fund if we want to do a big accumulation when the bitcoin price is going to drop sharply. The DCA pattern can be applied at any time to do accumulation and people can make a certain period according to the capital capacity that they have. For example, creating a purchase opportunity every week and month, then this can be done consistently to buy bitcoin according to the DCA strategy that has been created. This step is taken so that you can still collect bitcoin even though you don't need to wait for a decline and the opportunity to collect will continue to be maximized.

The market is indeed quite volatile and difficult to predict, so we have to set a strategy so as not to miss the opportunity. If people do not have the ability to take advantage of it, it is difficult to accumulate because they usually panic when buying and continue to wait for a decline. So that the opportunity that is owned is missed and continues to say that they will wait for the next decline to buy.

If you have the financial ability that has been set according to the allocation, I think it is not wrong to buy now because the current market condition is in a down phase when compared to the price of 73k USD and above. Apart from that, we still believe that the current downturn will end so we will get a big profit when the price increase starts later.

If I understand your point well, then if in 2025 a new ATH occurs, without a doubt to say that the big target will be achieved.

Doing the opposite of the majority can work out great for you. When charts show downtrend it doesn't mean people are just selling. It just means there's a bit more sellers than buyers, but it's not like 100-1, more like 40 out of 100 people are buyers now. This is still a very strong and healthy reaction of the market. Sure, more people sell, but there are buyers for every coin at that given level. If you decide to dump bitcoin at 61k, there are people waiting to get it at that price, don't forget about that.

Buy on the dip is always a major discussion even in several other threads such as  Buy Buy Buy or Sell Sell Sell?   (https://bitcointalk.org/index.php?topic=5487753.0) or Buy the DIP, and HODL!  (https://bitcointalk.org/index.php?topic=5132720.0) This is always a discussion every day but in the end we have to realize that this needs a condition that is indeed a certainty because after all when saying buy on the dip then we have to know what bitcoin will be at what number and this is clearly difficult when we don't do anything and just bet on instinct.

Indeed, buying on the dip is not a mistake because this is one of the good schemes for buying bitcoin but in the end there are also ways that are more comfortable to do such as DCA which is always a fitting comparison and maybe even this strategy is more suitable for those beginners.

Apart from that, the most important thing for now is that regardless of how the scheme is carried out, it is still possible and very good to buy bitcoin so don't waste opportunities like this before regretting it in the future.

To be honest, I don't think it will stay above 60k during this summer. So I think it's better to wait for 55k or even 50k if you can wait several months. Because I think it will touch 50k before the end of the year.There is no expected good news to come, and no big event scheduled for Bitcoin. While big profits are yet to be taken. In addition Mt Gox distribution is expected to happen in the coming months.

Because no one can predict 100% where the price of Bitcoin will go, we also don't know for sure whether Bitcoin will dip much further or not in the future. It's just that the step by step purchase was quite successful. At least we don't go all in on our free money at once, just in case there is another price drop. especially if the trend direction is still quite bad in the market. So, it could be an estimate to wait for the price to drop a little more. Yes indeed, when the market turns down, the most important thing is that we have the capital to buy it at a time when prices tend to drop more.

it's interesting.
It's best if I start paying for free money in preparation for prices dropping quite like that. Even though it might not reach the $50k mark, if it can reach just under $55k, that would be pretty good. Yes, at least as capital to be able to get higher results when the bullish era actually occurs. Here, financial management must be set as well and wisely as possible so that we can distribute our money to invest in what we want.

That's what you think. But I think differently here and I am convinced that it will be above 60k before the end of summer. Also, I don't think it will go deeper than this.

Meanwhile, your speculation seems to be a bit weird and very uncertain. Do you mean Bitcoin will be in the range of 50k by December? If so that's very poor because most persons are expecting it to be 100k plus.

Predicting the price of Bitcoin may not be accurate at times, but if your guess is correct, investors will have to wait longer for the bearish trend. Again your guess may not be correct and bull run may be in process but buying at $60k may be the best decision for you. You should always be on a Bitcoin buying trend like DCA. Whether the value of Bitcoin is low or high, DCA has a huge horizon for you to deposit Bitcoins. Continue your stashing for a long time.

Many people predict Bitcoin price can touch more than $100 but they don't knows when that will happens. They can still buy more Bitcoin but they don't have to buy all at once. They can split their money to buy in many low price and that will be good for them because they can gets more satoshis. You can buy more satoshis in many dips and holds it until the price increase.

Many people still buy at a low price and waiting for the rise of the Bitcoin price. If the price is not increase in this year, they will have more chance to buy more satoshis and still waits for the time for the price to increase. Many investors still buy more satoshis because they knows that in the dips like now gives them benefits to buy more satoshis.

It's best not to delay buying bitcoin at the current price, delaying will make you miss the best moment when the decline occurs. Yes, by purchasing the dca technique we will get the best average price for the investment assets we own. It's best not to expect too much or trust an influencer that they are essentially just making predictions. Of course, their predictions could be wrong and no one is truly perfect in analyzing the market.

Not only sometimes, but it is more inaccurate when there are many price predictions that point to Bitcoin because every price prediction can always be right on target for the Bitcoin price. Of course everyone can have the opportunity to become rich because there will be many investors who want to use their capital to buy Bitcoin at the current price. Although at this time there are also quite a few investors who are taking advantage of the opportunity to buy Bitcoin at a price of $60K even though there were inaccurate predictions at the previous time.

On the moment that you do step your foot into this market then you should really be that making yourself that getting used to on how this market behaves and on how this market will really be that
moving because on the moment that you wont really be wary about its behavior and you are expecting something which it would really be that easy on dealing with then when market do make out some shifts
whether going down or upwards then it would really be always important that you should really know on what you should gonna do and not really just that making steps without having those
main consideration on which we know that it would really be that important that you should really know on what you are doing.

There are really just that those individuals who are really that delusional when it comes to this manner and on the moment that they've seen that they've been struggling on how to deal up
with this space then they would really be just that tending to learn and adjust. Some can bare up with the risks and some cant really just do such thing.
So it would really be something that situational since not all would really be  that good on dealing up with market volatility.

This is actually true and these are the common questions that you do have in mind on the moment that Bitcoin would drop its price.

1. What if it would go down further?
2. What if there would really be some following negative news that comes next?
3. What if this isnt the bottom?
4. What if this is just a bear trap?

For sure you would really be having those questions in mind on the moment that you would really be taking up some possible action
in regarding into your position. This is why it would really be that hard to make out such action even if you do know that this is something
a good time for you to accumulate more, but with those questions above then it will really be that stopping you on doing so.

So it would really be that a matter of decision whether you would really be pushing through or would really be that waiting even more
to accumulate or make some dca or buybacks.

This is not easy because what we "believe" is not what others believe. Sure, I do believe that we are going to be able to profit a lot when the price goes up, so buying right now is a no brainer for me too. However, how are you going to convince other people that the same will happen?

I mean if someone came to you and told you how do you know that the price will go up, and ask you to reimburse them if the price doesn't go up in a year, would you be able to do that? Of course not, we just believe what we believe and I am willing to put all my money into it, but at the same time I am not going to try to convince anyone else to believe the same thing. If they do not want to, and they want to get out, it's their decision to do whatever they want.

for those interested in buying to hold for a long time, they may set a limit order to buy at dip which we are expecting anytime before the end of the third quarter of the year, for now, we can still manage to see many price action from the way of the recent market performance and bitcoin could go more bullish than expected before the end of this month while before the end of the Q3 may go dipper as low as $50,000 as some have already suggested.

I'm being discouraged to say that Bitcoin will hit $100,000 anymore in 2025. Initially, I thought the coin could hit $150,000 easily by that time based on the hype around it and for not leaning only on my investment experience but base it on how the coin had performed in the past. But this is changing and whether or not it will hit $100,000, I will solely let my technical chart guide me as I've never been wrong with it before when it comes to the true investment guide.

As for the market speculation of buying low, this is a good idea, but it is only when the market has bottomed already or returning up. Has Bitcoin bottomed already or returning up? That's what you should be asking yourself so that you can decide right. And if you ask me the same question, I will tell you No. The market is still extremely bearish and the breaching of the TrendMagin level of $62,120 is another discouragement to buy the coin for now.

The truth is that Bitcoin lacks liquidity inflow and the price action on the weekly chart has returned to be bearish which is a very huge discouragement. Anyone buying now is only wasting their money regardless of what tells them to buy as the overall outlook is extremely bearish. Why not wait until the whole situation changes to favour the bullish path?

That is what should be done but unfortunately, it is hard to learn where the bottom. By the time the price goes up, they will also think it's just a bull trap and it's going down after. With this going over and over it's hard to see where the market is going since users don't zoom out to really see the price in the long time frame.

While this going down is may also be hard to speculate whether price will continue to go down as people are expecting bullrun a few months after halving.

But still though, at $60,000 right now, that is still a good buy for those who have the money right now. But it's good if we don't have the capital, who knows, as you have said, the price could tank a bit lower again and hit $55,000.

The thing with this market is that it's very unpredictable and so we have to take advantage of what the market will give to us. And one advantage as well as I have said is that if you have the money, that that golden opportunity as it might or might not presented itself again. And this is very much applicable to us average joe because we are at a disadvantage from this whale and so grab that one time opportunity and just have patience to hold it for a long time.

From my own experienced, a few months ago, I already hit my target on Bitcoin and I sold some of my Bitcoins and altcoins.
But I still own some, it does not mean I will not buy again, it's because it's my technical analysis and since I am investing - I just took profit.

To answer your question based only my own opinion, I am still not buying for now.

more than 260 million dollars got liquidated just within 24 hours, the people that long with high leverage are having hard time, reminds me why spot trading is the best for the sake of safety.
https://i.postimg.cc/nzq4mZs1/41251m12.png

though I expect the price to recover after sudden dump to $58k, already prepared to DCA from here on, despite people saying that bitcoin could go as low as $50k by the month's end.

probably the correction to sub $58k already starting right now, so many people starting short positions to get advantage of the market while there long positions are squeezed but overall current price correction only bad for people who long using high leverage. but I guess current price still good for long term DCA.

Every investment must have a target, what you are doing is correct and after getting a profit from the investment you have made, there is no harm in trying again with a different plan.

Currently the price of Bitcoin is falling slowly, and if you want or have a plan to invest long term I think this is a very good time to enter/buy.

Currently I am trying to increase my assets, I am slowly buying when I have extra money that is not used, I predict that the price of Bitcoin in the future will be quite high so there is a possibility that there will be big profits that we can get.

Now the decline in Bitcoin prices is starting to appear again with a slightly higher percentage than at the end of last month, so this could indeed be a quite appropriate option to buy again like you did. Because people who are still willing to buy Bitcoin when the price is falling are people who still quite believe in Bitcoin. And also knowing that this is part of a strategy to be able to get Bitcoin at a low price and release it again at a more appropriate time or when the price spike is visible in Bitcoin again.

Are you serious calling a new ATH a downward trend, that's really hilarious bro, anyone who is buying now for the short term is already at lose cause there isn't any guarantee that bitcoin would exceed 100k this bull run, so I recommend a long term approach and using the DCA method at this point so you would be at a better position to later decrease your total buying average.

You can spread Bitcoins over your portfolio over the long term which will continue to grow in size over time. Buying more in a downtrend can earn you extra so don't panic and hold bitcoin. Bitcoin investment short-term trend is more risky which is more clearly understood in the current bearish market conditions. It is impossible to have an exact idea of ​​the value of Bitcoin but you should not panic so you should continue to deposit with the DCA method. In the current price scenario it is on a downward trend which can be a source of frustration for the common investor but you have to remember that no matter how much the price of Bitcoin dips it is capable of recovering its value and it will happen again. So you should focus on holding Bitcoin.

Many people expected Bitcoin reach $100k this year. But we can't be sure that will happens this year or next year because there is no sign about that. We can only predicted and expected without knowing the truth.

With the current situation, we are given a chance to buy more at this price or lower price. That is what we must do so we have more Bitcoin and then we can wait for the time for Bitcoin price increase. You don't have to just waits for more dips because we never knows when the dips will ends.

I suggest you keep buying Bitcoin while there is a chance. You can manage your money to buy at any low price and hold it. If Bitcoin price still needs more time to increase, that still worth to holds it until we can see the high price to sell Bitcoin.

Now the price of bitcoin is falling and this is the best opportunity to accumulate in larger amounts. If you buy in a downturn like now, for the short-term pattern you can still make a profit. For example, if the current price is around $ 57K and if you wait for the next price increase, we can still make a profit by taking advantage of the next increase approaching the price of $ 60K. Now is the right moment to make a big accumulation and if we have a large capital, this is a pretty good step to buy.

DCA can be used at any time for long-term or short-term investment processes as long as we can hold the bitcoin. This strategy is more about maximizing when you don't have a large capital to accumulate. DCA can be useful in any condition but the concept can be held for the long term.

In this context I would say that after every halving the Bitcoin market starts to rise. It may take some time for that rise to begin. But the bottom line is that as miners' rewards are cut in half and Bitcoin circulation decreases, the Bitcoin price will definitely increase. But those who rely on the idea that the bull run will only happen after Halving will face losses for the time being. And those who see this dip in Bitcoin as a buying opportunity will definitely be profitable. Each dip is an opportunity, especially for those looking to make a long-term investment in Bitcoin.

By the end of 2024 we will start to see the effects of Halving. And if somehow it is delayed then by 2025 we will definitely see a higher bullish trend in Bitcoin which could be 100k or more.

If the price of our investment is as expected, the profit will not be a problem for everyone to enjoy the results of their investment. On the contrary, I don't want to sell it yet and continue to accumulate and sell at the beginning of next year. I think for the current price, I think it's quite good for us to take or invest, as I know, no one is perfect in predicting prices in the market. If you delay, of course you will lose the downward momentum this month. Yes, of course we will definitely use the DCA technique. it's better because we will get the best average price for the assets we own.

I agree with you, always remember that there is no perfect entry when you are investing especially in Bitcoin as we all know the volatility and surprises on Bitcoin market, it could dump or pump huge percentage in just short period of time.
My experience was DCA also, multiple times I keep buying before.

You have to enter at the right time too, if we use the DCA technique we also have to be astute in seeing opportunities to enter and have to understand the market situation.
For example, like now, a big decline is happening, of course this is the time that a handful of people are waiting to be able to buy Bitcoin.
And indeed, for now I quite agree that Bitcoin must continue to be collected for the future because the percentage of Bitcoin prices that will soar high in the future is quite large so we have to prepare for it to take a lot of profits.

Well, you have a point, but at the same time, this is more reason why you need to sharpen your analytical expertise for brighter speculation. Like what my brother and I were arguing about this week, I claimed that trading and investment are simple to me, while investment is even simpler. He never believed but was arguing that they were so tough and risky and started quoting what the dictionary and AI were saying concerning them. I laughed, do you know why? This person talking has not given time to learn how to trade/invest professionally but arguing with someone who has dedicated 20 years of his life to it. Even if it is generally said that trading and investment are hard, will it be in the same measure for everyone? Experience matters, that is the difference here.

"Practice makes perfect," but as we can't be perfect, we should try to build ourselves towards it. The same goes for trading/investment, everything is achievable better than others, and it is all about practice.

Back to the contact, of course, you may not know the exact levels (bottom), but surely, you can know the approximate level. It may sound like a lie, but I know all the moves of the market with very few errors while trading/investing, so I know it's possible. I have a very high level of accuracy and this is even higher in investment. But this can be strange to many, regardless, it is what it is.

I hope you understand. The gist in summary is that there will always be a better trader/investor coming out of you if you rather train than complain it is not possible

The current decline is very deep, I didn't expect it to be as drastic as it is now, currently the price of Bitcoin has fallen to 54k and I think if we wait for the price spike it will take a little longer.
And for those who buy and keep it for a long period of time/invest for the future, of course during a drastic decline like this is a pretty good time to buy as much as possible.

Even though the price of Bitcoin is currently slightly down, you should be in a buying trend because the bull run is imminent. You should make the most of these dips and buy more bitcoin as you see your investment stronger. You keep increasing the amount of bitcoin stack that can fetch higher value in the future. Basically, you can increase the size of your Bitcoin portfolio through proper timing. Lots of buying and holding on dips.

Based on existing data on coingecko, the price of bitcoin has fallen by 3% in 24 hours (as I write), while the decline has reached 6.4% in 7 days, 11.5% in 14 days and 20.2% in 30 days. How can you describe it as a slight down? For me, this is quite a big down, especially in the last 30 days where you have lost 20% of your total asset value due to the decline compared to the previous 30 days.

Maybe it's not your problem to know whether the person you are advising has the budget to carry out accumulation or not, but what is certain is that accumulation in current market conditions is recommended, especially for those who are able to do it. Rebuilding the portfolio by accumulating more bitcoin is a good advice, but it should only be done by those who have the budget and believe in the recovery potential in the long term.

Of course accumulation is the right advice, but I agree about what can you do if you don't have a budget? Accumulation basically requires a budget that varies greatly depending on how much you want, but I wouldn't necessarily say one needs to be forced to accumulate. Bitcoin certainly has lower risk than altcoins, but if you really want to accumulate, then consider DCA too.

Before deciding to take advantage of the downturn, of course we must first prepare funds that we can use to accumulate Bitcoin because if we don't have a budget, of course it is impossible for us to accumulate these assets and if indeed we still force ourselves to accumulate, however It could be that we need these funds so we have to take them under any circumstances. Of course this is very detrimental if the price has not recovered and it would be better for us to have funds that we are ready to hold for a long period of time if we really want to accumulate Bitcoin now so that we don't just runs for a while then we have to sell again at a loss.

Buying more Bitcoin in conditions of falling prices like now can indeed be quite the right option to do and I have also often taken advantage of conditions like this in the past when Bitcoin prices started to fall in the market. Currently there are several facts that have caused the price of Bitcoin to fall so that from these facts everyone can take good steps as the best moment to continue buying Bitcoin before the price returns to $60K or more. Because currently the Bitcoin price range is still at $56K so it is quite suitable to be used as a buying price.

20% in 30 days is not a slight down but the same is true if he compares bitcoin's correction with altcoins. As we all see bitcoin is only down 20% in 30 days but many altcoins are down 60%-70% in the last few days and that is actually a much more severe drop. This further shows the harshness of the market as well as the enormous risk when someone chooses to invest in altcoins.

Buying more BTC when the price drops is no longer strange to all of us but we need to balance our budget. What I see is that many people are starting to be subjective because they think this is the last correction before the bull season comes and they are entertaining the idea of ​​borrowing money to invest more in bitcoin. This is really too risky and not recommended.

Bitcoin price reaching $100k may have been everyone's dream. which was not implemented. Currently we are seeing a downward trend in the price of Bitcoin, every time I visit the market I see that the price of Bitcoin is only going down. A situation has now developed in the market which has made investors uneasy. Those with small investments even those with less money are suffering the most right now because they are already at a loss on their investments. But those who are experienced and patient in investment are still persistent in their investment. They are taking advantage of the dip season in the market right now and accumulating more bitcoins in their investment portfolios.

It is true that recently the price of Bitcoin has been in a state of decline, but we can also see that when this decline occurs, the price will also increase again immediately and correctly, as you said, this will certainly be uncomfortable for those who have a small amount of assets and if they can maintain the assets they have, of course this will make them profitable, but when they cannot survive and sell during a downturn, of course this will cause them to suffer losses on the investments they carry out and I agree with you that they have been very Understanding this investment will of course make them take advantage of this situation to collect and hold until an increase occurs in order to make a profit.

Like he said, nothing is perfect and if there are right time, I think that is if we already learn what we must learn. Also in investing, it's mostly advised to buy when the market is bearish or the price is dipping. There is no fixed price there but it should be understood already when they are happening.

As for those who do a DCA, they can buy on their designated schedule, whatever the prices are being displayed on their screens. We all have our goals or capacity and we can't force anyone to buy Bitcoin continuously. Also, Bitcoin is not all and then money isn't also all. It is still possible to continue living and be happy without them, or rather by having less of them.

You may be mistaken the OP because he will not deliberately  call ATH a downward trend. What I suspect he is referring to is the currenct correction that has taken price to $54k before the minor push to $58k. Bitcoin moving from over $65k to $54k is actually a minor downward trend,there is no point denying that. I think the point in the post is that such market conditions is time to buy and not sell like many week hands are doing. Actually, experienced people buy during such periods and benefit from the reduced price.

If we look at the difference between the price of Bitcoin in the last few months and the price of Bitcoin this month, it can certainly be said that there is a huge difference because the price drop itself has also been more than ten thousand dollars. However, everyone still has to remain calm and there is no need to panic because we can all still hope for price recovery to occur again in Bitcoin, although those who have spare money can immediately buy more to increase the number of Bitcoin assets in their respective wallets.

People need to calm down, bitcoin is currently being priced at 55k dollars and it is likely we are as close to a local bottom as possible, so buying now entails as little risk as an investor can possible take, while the upside potential is enormous.

So anyone that is serious about investing in bitcoin and that can hold their coins for a long period of time, will have great chances of making a lot of money with their investment, however only those that truly believe in bitcoin can do a movement like this, as if someone that did not fulfilled that criteria tried to do this, it is likely they will be unable to keep holding their coins in the case of a downward movement, and they could sell for a loss.

We all cannot know for sure to what low point Bitcoin will fall and currently we see the price of Bitcoin is below 60k and as you said is very correct, if we buy now of course we will have little risk and we can hold the assets we collect This is in the long term and we all believe that the price of Bitcoin will increase in the future, so if we really have funds that we can use to survive for a long period of time of course this will be very good for us to use to invest in Bitcoin and we will be able to profit when the increase arrives.

What you say is very correct, when someone really understands that Bitcoin assets will be very profitable in the future, they will certainly try as much as possible to be able to own these assets and be able to generate profits in the future, but for some people who only have a little understanding about Bitcoin and If they don't try to continue learning about Bitcoin, they will certainly panic when they see market conditions that continue to experience correction, so they will sell it at a loss.

Again, everyone should look at the bigger picture and not just look at the per month basis. And if you look at the calendar, it seems that we are in break-even. Four months of gaining big and then we have 3 months in the decline. So there's nothing to worry about as it seems that the market is still in the middle and anything can happen in the next five months that at the end of the year, it's more positive  than decline.

So yeah, I do agree that we should be buying in this decline mode, there's no better way to see the price is still cheap and then looking at the future, next year we might be in the 6 digits already and so this is a perfect opportunity to buy.

The market respect no investor so we take an entire survey of the market before going all in. Bitcoin will remained the ultimate target for everyone and we shouldn't bother for other activities but bend more dealings with the system. We can't have full control of bitcoin but we can actually make it work towards our strategies and expectations, we just have to stick to the disciplinary principles that will emerges to growth.

Not a lot of people are capable of doing that because a lot of people are rushing into making as much as they possibly can as quickly as they can. I know that's wrong and I don't do it, but I also understand the type of people who does it, they are not here because they think that they can be wealthy with bitcoin, they are here because they think this is some sort of get rich quick scheme and that's the problem.

This is why I honestly think that the best way to go about this would be making sure that we are dealing with a problem, and for that problem to be something that will take some time. I believe that it is going to be something that will not be easy, and we should consider how grow with bitcoin over course of long term.

Well bro. Overall market situation which is limited to price rise and downward as a normal investor you should stay in regular buying. Accumulating bitcoins through DCAing can also add peace of mind to your future. Increasing your bitcoin buying in line with your income and taking care of that stack should keep you going smoothly for a long time.

But of course when it comes to buying and on how much you would really be putting or investing will really be that definitely be depending on certain conditions too specially if you are really that holding for long term
or would really be going for short term. For sure you would really bet hat minding about maximum profitability on which you would really be that trying out to the possible bottom as much as you could on which its a normal approach to have. On the moment or time that you do make investment then of course you should really be that investing on the amount on which you can afford to lose. Dont rely your future on it though because there's no such thing about assurance when it comes into this aspect.Everything would really be that still depending or basing up on how much you would really be considered on buying up things accordingly
but it would really be that somewhat risky if you do have those kind of views about being that giving that good life once it would be making up such increase. Invest on what you can afford to lose
and never ever rely on it.

The current market speculations seems to be going more bearish again after a series of sudden rise in few days, which make it more difficult to even pinpoint on whether we are going more on a sustained bull trend or the market is still planning of going bearish the more after this, we should just ensure to hold and invest more wisely with the adoption of a bitcoin purchasing pattern like that of DCA to avoid much loss on our investment.

What are you even talking about? The price is constantly in staying between 60 and 70k, excluding short periods where someone crashes it intentionally, like the German Governent did, but these are random events that don't change the fact that there's demand for bitcoin at $60k and the lower you drive it the higher that demand becomes. That said, you can't make the price stable. It's going to swing from time to time, but the average stays the same and the trend is towards a new high.

How can we be bearish if we went 3x from the beginning of this year and are still holding that 3x to this day? This is clearly a bull run and that's what it should be after the halving.

Bitcoin market price movements this month are not considered bad during the two weeks currently running the third week even though in July there was a price drop due to the German government and Mt.Gox regarding the distribution of their assets and for me the price drop that occurred as a result of this is not considered serious because it went back up $65,000 and to me that's very normal to show a fluctuating price market.

DCA in collecting Bitcoin is still a good method because the difference in the amount of Bitcoin purchased at each opportunity will be covered when the price is at the new ATH and you will even get a small profit.

Classic pullback within a positive trend right now, back to the 2 day average.  Price has fallen for much of today hence the red bar on the daily but its purely consolidating the price action from prior gains so I would still evaluate this near term BTC as moving upwards merely taking a breather.  This is also the area of the 50 day average so a reasonable point of rest after gains seems like.

Another point in favor of this being not so negative is price action remains way above the weekly average near 61k.  So it would have to go back alot further to register as negative.

One flaw that many people have is that they have very short memories, they may remember what the price did last week, but that is pretty much it, but when you take the time to look at the charts, it becomes way more obvious the positive trend that we have experimented since the end of the previous year.

And taking everything into consideration, chances are the market will resume its upward trajectory, and as an investor, it does not matter when this happens as I will still be holding my coins when that happens.

Unless the OP has edited the post after users pointed him to some errors, what I just read was well constructed and his reason for that is good. Of course, the market will always have opportunities within an opportunity which the experienced traders/investors will always take advantage of. For instance, there are times I might buy Bitcoin at $65,000 for a long-term disposition, and after two days, it moved to $69,000, but on the 5th day back to $67,000 (correction). I might rebuy at that current level if I am sure that the bullish stance of the market remains.

It is just the way for traders/investors to maximise their profits but we must ensure two conditions in doing this:

1. We must ensure that we trust the asset we want to engage this way.

2. We must not mistake a reversal for a mere correction.

You are right You should continue with DCA regardless of market price conditions as this strategy shows you different price combinations regardless of price and the opportunity to accumulate more bitcoin fractions during low price periods. As the Bitcoin market is constantly volatile, the DCA method is ideal as it allows your portfolio to accumulate more Bitcoin over time that can continue to multiply profit over time. Also taking care of Bitcoin holdings during bullish times can further increase this amount. A return to bearish periods means for you to buy more bitcoins so that you can have more holdings.

This is the right frame of mind, very often people get mad when there is a bear market and they are happy when there is a bull market, however both market conditions offer you some options.

Obviously the bull market gives you profits and multiply the fiat that you invested, but the bear marker offers you the possibility to buy bitcoin for a price lower than its average for a whole year or even a longer period of time, which is great as this allows you to obtain even greater profits when the bull market finally appears.

I'm still feeling bullish with the bitcoin. I see no signs of a bearish trend. We moved down to 54k, and that's probably the last downside for bitcoin. There are also more positive sentiments coming toward bitcoin came from US.

https://i.postimg.cc/7h2zYvDz/birg.png

Also, a positive trend is happening with the Bitcoin ETF. Some institutional investors, like Blackrock, keep acquiring more bitcoin.

We may not see a big correction before bitcoin hits 70k. In the best case, bitcoin keeps rising to break new ATH.

When a person is still angry when they see the market conditions that are sluggish, they may not use the funds that they are ready to invest and they are able to hold on for a long period of time, but they hope to be able to make a quick profit on the investment they make and it is not according to their wishes so they feel disappointed.
When choosing to use this opportunity to collect Bitcoin, of course we must first have funds that we will be able to withstand in the long term and if we do have funds that we are ready to use to invest, of course this will give us greater profits because we have bought it when market conditions are declining.

having wider timeframe always works for long term holder, never look at 15m 5m chart is the way because these charts full of price swings.

current market is uncertain, fear and greed index is ever changing literally few weeks ago it was fear, now it's greed. so yes, DCA is the way.

but since the recent price action pretty much shows that market still in greed despite pullback after breaking resistance at $70k, i'm still confident with the market.

https://i.postimg.cc/c4vtGN9s/f-gi.png

so buying the dip might still work this time around.

Of course. Bitcoin market is fairly reflective of the confidence investors are enticing to stash. Excessive greed in bullish trends can divert investors from excess profits. Keeping your DCA running and depositing Bitcoins regularly regardless of the long-term value.

We are on the verge of another ATH which should be considered as the primary target and for our further holding. Considering the uncertain market, Bitcoin stash for you suggests a growing trend that could increase the price to $100k potentially within this year.

Bitcoin price has many trends to go to 100k by the end of this year. Since we're getting past the halving, there's a lot of big opportunity to be a bull very soon, and that bull has a chance to cross 100k. So it is very important to keep DCA running at this time. You should buy as much as possible, and increase your investment portfolio, only then you can make good profit during the bull season. So keep DCA and keep hold bitcoin. And make sure you invest that money, so that you don't have to rely on your holdings in any need or emergency, because if the investment is not long-term, there may be losses.

We are on a downward streak now, the BTC price lost the weekly average and after meeting the 2 day average its reacted to it as a ceiling.  We've failed to keep the 24th lows which I think means we complete a double peak on a fairly small scale.  My target downside would simply be the 50 day average, thats not a certain level exactly often the reaction around a commonly observed area such as 50 or 200 day MA is a good call for ongoing strength.

A sell off from the 70k area has become normal, so common now I wouldnt call this out as especially weak its just by the program at this point.  Have to judge it after that sell for whether price will continue to weaken or reattempt higher, it was looking very nice till just recently as every low was a bit higher.   We are still capped in BTC price action range.

retracement is pretty common after sudden recovery, keep in mind that bitcoin went back from sub $65k to breaking through $70k within a day, if there's no retracement at all it's gonna be strange but moving forward if you see more breakthrough of $70k in the following weeks it could mean BTC gonna have big rally in my opinion because a resistance that gets broken many time will become weak.

however, as long as you stick with your DCA strategy then it gonna works out, i always consider BTC to be that kind of investment where investing is simple, you just keep putting money at the right time and it will grow on its own.

The fast-moving market situation is indeed quite difficult to predict, what happened in the last few weeks was a reciprocal of the previous decline and what happened was a more significant increase in a short time.
I agree that using the DCA strategy is the most effective for future investment, regardless of the price when we buy, but when there is a correction we must be ready to increase investment.
And that's just for future investment.

You have made a great point and I completely agree with you on this because most one can get carried away by such orientation of buying more Bitcoin on the downward trend and fall a victim of using the money that is meant for their daily expenses and buy Bitcoin which seems to be very risky and more like gambling with your investment where by such doing one can end up selling too soon to solve personal expenses when you supposed to be accumulating, buying more Bitcoin when in downward trend should for those who has made a proper planning for it rather than being hesitant to do that, perhaps the DCA strategy gives such opportunity of buying in different price but should be apparently within your available money that is ready for investment.

Looks like Saylor is on team buy no matter what. Announcing another $2,000,000,000 buy for MSTR. That should go a long way towards clearing out the overhang of BTC being dumped on the market. He’s definitely getting into gambling territory with his losses per share accelerating and Bitcoin leverage increasing.

This would be a poor consideration. Bitcoin's price can be volatile which helps diversify the investment strategy for some investors. Considering your valuable assets, it may be easier to choose holdings than simply through equity. A downtrend suggests more buying to increase the stack but it is not appropriate for you to panic.

He'd definitely not going to let it pass that bitcoin is currently at $61,500. Certainly a huge bargain for him and this is what he's waiting for. One of the moments that him and MSTR awaits to see before they buy again and stack for some more BTC on their hand.

Can't stop those that have panic and anxiety when the market seems to be on a correction. Just like what's happening right now, it's likely that many holders are in panic right now and most of these are newbies. But the actual holders that are for the long term, we're all chill and this is part of the market before it skyrockets like there's no tomorrow.

If you tend to invest in Bitcoin, then you should always keep an eye on when the market position is going down. Invest when the market is going down, but you should use DCA while investing, it will help you reduce the risk. If you sell on hype by making deep investment then of course you can make a lot of profit in a short period of time, but always you have to invest with patience. And if you plan to invest for a long time then definitely you should save some money to invest as a table which you can invest in weeks or months where your capital will be good. If you can buy a good fraction of bitcoins, then you can definitely earn well in the future, so you should plan for the long term. Long term investment always gives people high hopes so if you invest and hold it will give you good returns.

Always under any criteria it will be good to buy Bitcoin, it may go down a lot as has been happening, but this is an opportunity, many people who have bitcoin and when the price goes down panic and some sell, but it is because they get carried away by emotions, bitcoin is safe money, it is money that will multiply, so you don't have to think about it too much, you should buy it, if you buy and it goes down in price then it doesn't matter, you have to see it as an opportunity to have more bitcoin for less money, that is how you have to see it.

as long as it's below $58k level it's a good buy at current prices.

I might be wrong but I won't expect current price to be going down to the level of sub $55k again, many people actually trying to buy at that level but we all know such people are the same people who keep telling us that they gonna buy at the level of $51k but they didn't.

https://iili.io/d0UPa4V.md.png

of course there's still possibility that the news about war will affect the market but overall I think BTC has been quite strong in holding the price from falling too far, the sudden recovery means there are people ready to long on BTC.

Its not about simple buying or selling, the market is always moving not only for today but also from the past and in the future because bitcoin is a decentralized coin and no one can control it.buying is very simple its just a simple click on some crypto exchange and then you got the coin, the hard thing is to hold or the correct timing of selling even if we buy at the high price if we can hold and then wait for more higher price we can still earn profit, the problem is most of the investors specially the newbie investors will always have a fear to hold during bear season and then they sell at loss and end up lossing.

Investing in a downturn will certainly be very good to be able to get profit when the price goes up again, but we never know exactly how far the decline will occur, but by using the DCA method as you have mentioned we can collect at all prices and we can do it consistently to be able to make a profit when the price goes up again.

It is true that choosing to maintain Bitcoin investment in the long term will always provide benefits that we will get from Bitcoin, but we must have good planning in order to maintain the asset properly and also the funds that we use to invest will not be needed in the near future, because if we do not have funds that can be maintained in the long term, of course, then we may need the funds and have to take them at a loss.

A downtrend is a trend to test the patience of everyone except for those who take advantage of the trend to enter the market and buy again in larger quantities. And I think what you said is actually not wrong because in any trend condition, everyone should not panic so that from every condition we face, we can still see a new opportunity to be utilized properly because the goal is not to lose and can profit from the condition. And now it is still in a condition that is not much different from the previous few days because Bitcoin itself is still below $60K.

Bitcoin price has been going down for more than two months so now is the time to invest in Bitcoin for those who haven't been able to invest in Bitcoin. Currently, Bitcoin is standing at $58,000, meaning if Bitcoin falls to $52,000, as it happened a few weeks ago, anyone who has invested in this case is now in profit. Therefore, when Bitcoin undergoes a major price correction, it is possible to profit from investing in Bitcoin.

Looking at the current market situation, it is not possible to make an accurate estimate in which direction the market will go. But if you are preparing to invest then I would say to continue investing using DCA method instead of waiting for dips because if you wait for the market to dip more but if the market goes up from here instead of dumping then you will only regret it on the other side. If you invest from instant market right now then you will regret more if the market goes down again so if you have $1000 then you can invest $300 to $400 instant and keep the remaining $600 and  You can buy step by step when the market goes down so you can get the most success. However, in 2025 the market will go through a good phase and the market growth will start from 2024 onwards. So it depends on you whether you invest or not.