Is Bitcoin price drops is a buying opportunity?

[Kelvinid]

although we assume that it is an opportunity, the fact is when it happens, then we will be difficult to make a decision whether we should buy bitcoin in large quantities or not. however, large decreases sometimes cause panic. I've tried this many times. Well, that is an opportunity, but there will still be doubts.

That is why having a crypto investment is so risky and that people have no idea what they are doing will absolutely fall into a losing ends. And you are right, we all just full of assumptions and prediction which is most likely out from reality. But I don't think it is a bad idea knowing that we are looking for a chance and of believing that our hopes to become possible.

If we keep doubting about Bitcoin's capability, it will only drive us apart for knowing it more. We are in crypto, we are giving support to this because we think that this has a better future and it is proven multiple times.

[noorman0]

When the fundamental factors influence the decline, it is difficult to say that this is the right time to buy. We do not know how far prices will fall and how long prices will begin to recover.
This decline is the impact of the economic crisis. If you believe that you will hold onto your bitcoin during a crisis, there may be an opportunity to profit. The concern is, when what happens is the price falls and you are not allowed to hold it longer because of your needs in times of crisis.

[carlisle1]

Bitcoin (BTC) price abruptly dropped 4.9% from $9,800 to $9,324 after rejecting at a key resistance level again, is it a buy the dip opportunity? 

Aren't we getting tired of this thread?when every time there is a drop in Bitcoin price we will ask the same and old questions?
i can't remember how many times i have crossed same question over and over again,why not just buy if you think that's right?and stop spamming the forum with the same words again.

When the fundamental factors influence the decline, it is difficult to say that this is the right time to buy. We do not know how far prices will fall and how long prices will begin to recover.
This decline is the impact of the economic crisis. If you believe that you will hold onto your bitcoin during a crisis, there may be an opportunity to profit. The concern is, when what happens is the price falls and you are not allowed to hold it longer because of your needs in times of crisis.

But every time is a perfect time to buy if we really tend to invest in this market.

multiple times this happens so why bother to always anticipate the fundamentals if we are truly wanted to invest and can carry a year or more holdings?

[Quidat]

When the fundamental factors influence the decline, it is difficult to say that this is the right time to buy. We do not know how far prices will fall and how long prices will begin to recover.
This decline is the impact of the economic crisis. If you believe that you will hold onto your bitcoin during a crisis, there may be an opportunity to profit. The concern is, when what happens is the price falls and you are not allowed to hold it longer because of your needs in times of crisis.

In that case, you would really end up on a very tight situation and most likely you would really end up on using or selling in no choice since you would need those funds for you to survive.
This is on case to case basis thats why when we are on a tight situation its really hard to tell or follow your investment plans. Not all would really have that kind of capacity on rebuying
when bitcoins price turn to drop out and with the normal characteristic of this market which is way too unpredictable then its one of the factors that makes it more harder to recognized
if its already a right time to buy or not.

[roman100]

Bitcoin within a span of eight hours was the drop of the Dow Jones Industrial Average. bitcoin could spike again in the near future, and those who buy when it is at its current value could stand to turn a profit. The first real price increase occurred in July 2010 when the valuation of a bitcoin went from around $0.0008 to $0.08 for a single coin.

[Farma]

basically a fall in the price of bitcoin is an opportunity to buy for those who are waiting for low prices. but the recent decline from $ 10k to $ 9k doesn't seem like the right moment. it's just that, if you believe that the price of bitcoin can pump even higher, then prices below $ 10k are now an opportunity.

[bitbunnny]

Every price drop is a buying opportunity, I thought that was clear by now. The question is only how much you can invest or to say possibly risk to lose and for how long are you willing to wait to return your investment.
When price goes down in.one moment it will also climb back but not all people can wait for that moment and sometimes they sell too early and accumulate loss.

[michellee]

basically a fall in the price of bitcoin is an opportunity to buy for those who are waiting for low prices. but the recent decline from $ 10k to $ 9k doesn't seem like the right moment. it's just that, if you believe that the price of bitcoin can pump even higher, then prices below $ 10k are now an opportunity.

Maybe we need to wait for a while until the price is at a low price to buy. That is why before we decide to buy bitcoin, we need to analyze to find the right time to enter the market. We can make more than one order buy so we can get the lower price to buy bitcoin or we can use stop loss to prevent the big loss. This moment, bitcoin price is down again for more from $9,600 into $9,500 level, and maybe the price will go down for more so you need to wait for a while to see what will happen later.

[Raflesia]

although we assume that it is an opportunity, the fact is when it happens, then we will be difficult to make a decision whether we should buy bitcoin in large quantities or not. however, large decreases sometimes cause panic. I've tried this many times. Well, that is an opportunity, but there will still be doubts.

That is why having a crypto investment is so risky and that people have no idea what they are doing will absolutely fall into a losing ends. And you are right, we all just full of assumptions and prediction which is most likely out from reality. But I don't think it is a bad idea knowing that we are looking for a chance and of believing that our hopes to become possible.

Crypto investment will be a risk if we are still in doubt or panic when prices are falling because there we will panic and sell because we do not want greater losses and therefore we must be prepared with a strong mentality to deal with problems like this, but on the other hand investing must be with good skills because if there is an opportunity in the market then it must be utilized well even we have to get a day of profit.

[aioc]

Bitcoin (BTC) price abruptly dropped 4.9% from $9,800 to $9,324 after rejecting at a key resistance level again, is it a buy the dip opportunity? 

It is, and in my experience, a drop is another opportunity for a future profit but be sure that you invest what you can afford to lose because it's not every time that the price will go up immediately, sometimes it will take some time so it's better that you are comfortable in your investment, don't be tempted to put all your savings.

[adzino]

The best thing to do is to stop waiting for opportunity. The best opportunity to buy bitcoin is when you have funds (more like savings that you can use) to invest on bitcoin. Just invest those funds on bitcoin and sit back, relax and stop looking at the price. I am talking about long term investment. If you look at the prices, you will notice that in the long run, the price of bitcoin always tends to increase.
Don't keep on waiting for the "price to drop".

[hahay]

The best thing to do is to stop waiting for opportunity. The best opportunity to buy bitcoin is when you have funds (more like savings that you can use) to invest on bitcoin. Just invest those funds on bitcoin and sit back, relax and stop looking at the price. I am talking about long term investment. If you look at the prices, you will notice that in the long run, the price of bitcoin always tends to increase.
Don't keep on waiting for the "price to drop".

That is also right, but it doesn't hurt for him to wait if he can realize the time to buy right away, because what worries him about waiting is about being mentally scared or worried about buying, because anxiety about prices that might fall lower is the problem and that is something that must be resisted for those who continue to wait only to buy.

[dunfida]

The best thing to do is to stop waiting for opportunity. The best opportunity to buy bitcoin is when you have funds (more like savings that you can use) to invest on bitcoin. Just invest those funds on bitcoin and sit back, relax and stop looking at the price. I am talking about long term investment. If you look at the prices, you will notice that in the long run, the price of bitcoin always tends to increase.
Don't keep on waiting for the "price to drop".

This is only for those who do who go for long term but there are people whom prefer on doing short trading where buying
timing would really be needed or a serious matter because they do aim for making profits without needing for long waits.
So its just a matter wether you are holding or short term trading.

We cant only see opportunities in bitcoin alone and if we try to spread out our vision then we can also achieve
this one on considering alts as an option but well people do really always aim for the most popular and most supported one.

[Jating]

The best thing to do is to stop waiting for opportunity. The best opportunity to buy bitcoin is when you have funds (more like savings that you can use) to invest on bitcoin. Just invest those funds on bitcoin and sit back, relax and stop looking at the price. I am talking about long term investment. If you look at the prices, you will notice that in the long run, the price of bitcoin always tends to increase.
Don't keep on waiting for the "price to drop".

Going long or being a holder is one of the best strategy, I mean it has been a proven formula already. Another good example: bitcoin goes down in March because of the pandemic scare, and it you bought during the panic, by today you could almost triple your investment already. So think of what's going to happen 1-3 years from now.

As for the price dropping, just be mentally strong, it's just part of the game. And I think long term holders have this kind of mentality and not be affected by it. Because at the back of their mind, they really know how resilient bitcoin is.

[KTChampions]

basically a fall in the price of bitcoin is an opportunity to buy for those who are waiting for low prices. but the recent decline from $ 10k to $ 9k doesn't seem like the right moment. it's just that, if you believe that the price of bitcoin can pump even higher, then prices below $ 10k are now an opportunity.

I think that if an investor expects a big growth (by several X and not by one or two thousand dollars), then there is no big difference at what price to buy - at 9 or 10 thousand dollars. Therefore, I believe that long-term investors have already made their purchases, which means that the market is in the hands of speculators at a short distance.

[STT]

When it drops like this into a known area then its very buyable but thats just a short term trade.




2 day moving average is resistance, drop back into weekly then recovery and a move above both.   The bigger picture is longer term volume in the area above.

[Kelvinid]

That is why having a crypto investment is so risky and that people have no idea what they are doing will absolutely fall into a losing ends. And you are right, we all just full of assumptions and prediction which is most likely out from reality. But I don't think it is a bad idea knowing that we are looking for a chance and of believing that our hopes to become possible.

Crypto investment will be a risk if we are still in doubt or panic when prices are falling because there we will panic and sell because we do not want greater losses and therefore we must be prepared with a strong mentality to deal with problems like this, but on the other hand investing must be with good skills because if there is an opportunity in the market then it must be utilized well even we have to get a day of profit.

Then I hope they have a positive mindset and could able to understand the market volatility. Their decisions are coming from these things and hopefully, they could find out the promising potential of Bitcoin. And the question is how the people will look to those ups and downs? Because not all of us are keen enough to see a big opportunity when the market drops and they also think that it drops more after this. If we see ourselves like this, we are already beaten up by our worries and that leads us into negativity in our minds, and we should have to correct this otherwise, this will not work great and productive.