Yes, you who are waiting, what is your excuse now?

[stomachgrowls]

I have read a number of questions such as 'when to enter?', 'what is the best price to buy?', 'should I wait?', etc. And statements such as 'I am waiting for a dip to buy', 'I should've bought at this and that price', 'Bitcoin is now very expensive', etc.

In the past 24 hours as per CMC, Bitcoin has reached $34,346.59 USD and fell down $28,722.76 USD. There was around $6,000 USD in difference or should I say discount.

To you who waited for a dip, did you buy at $28,722.76 or did your hand shake? Did you act on it or did you wait for more? The train slowed down for you. The price fell down for you. Did you buy?

Those words could be heard off endless times with this speculative market so its not something rare and we've been reading and hearing it every now and then.

Some will took up the risk on entering a position after a correction.Some will be shook off their hands to the believe that the market will crash.It do depends on how someone do actually handle such risk.
For people who had thought and believe positively and mixed up with some good technical which are their main basis on where they should enter then that did really pay off.

For those who wait up and for those who sell out on the right time and buy again when its cheap.Rinse and repeat until you reap off profits but dont forget that
market isnt always in your side.

People would just whine that they hadnt able to get in when the price is still low and now the price is on the rooftop then those regrets will keep flying around.
You would keep on reading up those words on this speculative market.

[STT]

Maintain capital and carry profits is more sensible approach, right now the market is trending up but its easy to be caught out at times which is why I'd take the more cautious approach.   There is a main breakout from a negative trend where we beat the line falling from 19k through last years summer top and this autumn made those ideas part of history but eventually that breakout also becomes part of the landscape and it wont be so easy again.  

[Botnake]

If you are into short term trading, you'll buy when you see a dip, but for those who are trying to get a bigger discounts, maybe wait until the bear market will arrive, it's not always that bitcoin will rise, what we are seeing now could be bitcoin's peak already, so it's not a good timing to buy IMO.

[Kong Hey Pakboy]

If you are into short term trading, you'll buy when you see a dip, but for those who are trying to get a bigger discounts, maybe wait until the bear market will arrive, it's not always that bitcoin will rise, what we are seeing now could be bitcoin's peak already, so it's not a good timing to buy IMO.

Many people say that it will take a long time for us to experience the bear market again, so it is too late for some of us to buy bitcoin today because bitcoin's price is very high that it creates a new ATH again. The best thing we need to do this big pump of bitcoin is to wait for its price to decrease below $20K and avoid buying more bitcoin when its price is getting higher.

[LUCKMCFLY]

If you are into short term trading, you'll buy when you see a dip, but for those who are trying to get a bigger discounts, maybe wait until the bear market will arrive, it's not always that bitcoin will rise, what we are seeing now could be bitcoin's peak already, so it's not a good timing to buy IMO.

Many people say that it will take a long time for us to experience the bear market again, so it is too late for some of us to buy bitcoin today because bitcoin's price is very high that it creates a new ATH again. The best thing we need to do this big pump of bitcoin is to wait for its price to decrease below $20K and avoid buying more bitcoin when its price is getting higher.

Without a doubt, it is not advisable to buy with new highs, but as the market goes, as soon as there is a correction it is the perfect opportunity to buy, the price increase is sustained and remains with a very good volume, that means that the support It is for new investors which, they will not drop the price, I think that every moment is an opportunity to win with the market.

[sapnu]

If you are into short term trading, you'll buy when you see a dip, but for those who are trying to get a bigger discounts, maybe wait until the bear market will arrive, it's not always that bitcoin will rise, what we are seeing now could be bitcoin's peak already, so it's not a good timing to buy IMO.

Many people say that it will take a long time for us to experience the bear market again, so it is too late for some of us to buy bitcoin today because bitcoin's price is very high that it creates a new ATH again. The best thing we need to do this big pump of bitcoin is to wait for its price to decrease below $20K and avoid buying more bitcoin when its price is getting higher.

Without a doubt, it is not advisable to buy with new highs, but as the market goes, as soon as there is a correction it is the perfect opportunity to buy, the price increase is sustained and remains with a very good volume, that means that the support It is for new investors which, they will not drop the price, I think that every moment is an opportunity to win with the market.

It is indeed risky when you try to buy crypto as high as it is right now. You can really do that if you are good at trading and you can do day trading which you can monitor the price often, but if you consider long term holding, it is not actually a good idea since the price as of now is high, there's a big possibility that the price will go down since the crypto itself is unpredictable because it is volatile in terms of its price.  Maybe you should wait for the time that the price will go down, and then go buy when that happens.

[wxa7115]

IMO, people who said I am waiting for the dip to buy may never utilized the opportunity at 28K because they expected the prices to reach $20K or even lower than that like what happened in 2018 beginning but this time the dip no longer exists and the prices raised upto 35K again so they must be regretting and keep saying that "they are waiting for the dip to buy", forever.

This is why those people never make profits, at some point you need to pull the trigger, yes the price was high but if you took the time to look at the strength of the movement then you could have seen that the movement was not going to slow down and if anything it accelerated speed after it reached the 30k level.

As such we need to be completely sure of what we are doing and if we are not maybe it is time to stop trying to be a trader and buy the dip and just buy and hold our coins for as long as we can.

[STT]

This thread is about pullbacks and we have one now on a Sunday moving into a Monday working hours situation so a repeat of similar price action in the past, seems relevant to post here.   Its always reasonable to consider the pullback as a nicer price (to buy) for a similar bullish situation on a weekly perspective.



So the support lines here actually date back 12 months and its a trend, this is the bullish trend early in last year that failed about Feb 15-19th and led into the covid low.   Extrapolated to now it gives us this pricing as being very full is how I read it.   Strangely the lows now and on Friday respect this trend and we close above it on 1hr bars, showing some positive action.     
  The blue line is 2 day average which was marking very bullish action and keeping us as lows and orange is the weekly average and fairest measure of a positive or negative trending market.   We remain positive then on a couple measures though it must be quite unclear to many at these heights.

[Fundamentals Of]

@STT Yes, this thread is about pullbacks and whether people are taking advantage of it or not, whether they really are bullish or positive of Bitcoin or not.

It is easy to heap praises for Bitcoin but when it comes to putting money where the mouth is that's the hardest part. It is easy to say I have missed a lot of opportunities and I won't allow it to happen again. But when the time comes they still wouldn't buy because emotions, particularly fear, consume them.

They always have excuses. I wonder what they are right now that Bitcoin is already $34,562.

[kentrolla]

The hardest part I think is entering to buy at right price, unfortunately the majority of the people will fear to buy at high price because most of them are short term holders, if someone has already planted BTC for long-term then why do they care about the price?

No one will risk to buy at higher price except long-term holders and big institutions because unpredictable is it's nature, those who bought at 25+ and made profit are very lucky and this won't work Everytime.