Invest in Bitcoin now or wait for another dip?

[timerland]

Currently, Bitcoin is valued at $11,826 and rising. Is this a good time to buy small chunks of Bitcoin, such as 0.1 or 0.2 BTC? On one hand, people buying now are buying very high. But what if it doesn't dip again to under $10,000 this year and just keeps going up?

I always suggest to people that they start buying as soon as they can, but don't ever go all in.

Try to buy in portions of around 0.01-0.02 BTC per day/week, so that you're effectively cost-averaging. Otherwise, you may find yourself in a really good position in buying at an extremely low price, or you could be looking at buying at quite a high value and having no choice but to sell your position at a lower price later on when you need the money.

If you effectively do dollar cost averaging, that means that you're spreading the risk. You're essentially reducing the risk of buying at a much higher level, for the long term.

[1715411007]

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[daarul50]

Currently, Bitcoin is valued at $11,826 and rising. Is this a good time to buy small chunks of Bitcoin, such as 0.1 or 0.2 BTC? On one hand, people buying now are buying very high. But what if it doesn't dip again to under $10,000 this year and just keeps going up?

The uptrend chart has been formed from last week so it is very unlikely that the price will fall back to $ 10k so maybe I will suggest to you to enter the market now and start investing because in the future the uptrend price will continue and you can get some profit from the price movement.

[gela888gela]

Investing has risks. If you are going to invest in bitcoin, whenever you can do. If you believe bitcoin will continue to increase, then it's time to invest.

[Xardasim]

You are late because it dumped until 6000$ one week ago.If you want to buy bitcoin, you have to wait until the price drops. If your goal is to make a profit, you should get the altcoins, in my opinion it will be more profitable than BTC.

[karloscimot]

if in my opinion faster investing is better than delaying .. let alone if we see now bitcoin prices began to improve and rise. semuga bitcoin and altcoin prices will continue to rise .

[maimainguyen05]

Currently, Bitcoin is valued at $11,826 and rising. Is this a good time to buy small chunks of Bitcoin, such as 0.1 or 0.2 BTC? On one hand, people buying now are buying very high. But what if it doesn't dip again to under $10,000 this year and just keeps going up?

At the moment, when Bitcoin raises to nearly $ 12,000, I think you should not invest in Bitcoin, but instead switch to altcoins because current altcoins are the dump, if you invest in some potential coin. NEO, ETH, LTC, XMR, it is likely that after 3 months you will be profitable from the altcoins to increase rates again. Investing in Bitcoin is in the present moment should not be.

[zarados]

Currently, Bitcoin is valued at $11,826 and rising. Is this a good time to buy small chunks of Bitcoin, such as 0.1 or 0.2 BTC? On one hand, people buying now are buying very high. But what if it doesn't dip again to under $10,000 this year and just keeps going up?

if you intend to see another dip, I can guarantee that you will not see numbers below $ 6k again after a crash that happened a few weeks ago. Actually, this time can still be said good point entry points because bitcoin value is still about -50% of the last ATH. So, the decision is in your hands, buy it now or wait for another dip that can never happen again.

[Pit-R]

Invest now.

[xuan87]

Don't keep on waiting and then missed another train, if you got chances go and invest, don't wait anymore, waiting too long will cause you losing profit, don't keep on thinking about the high price because the price can go up higher again, just keep it for longer time then you can make profit

[Wheelige]

While this may sound like a rehash of other posts in this thread I dont think that the point has been fully explained so I will give it a go.
IMO the best thing to do with something that can act as volatile as bitcoin is to scale in and scale out. That means buy today, and the next day and the day after that. Piece by piece you will accumulate at the price of the day. This eliminates risk of throwing all of your money in at a high, and conversely limits the possibility of high returns due to not throwing it all in at a low.

It all comes down to your risk appetite, and whether you are looking to make short term gains or if you are going to hold until we have global acceptance and demand. If you are willing to risk loosing out on potential gains wait for a dip, if you are happy knowing that it may go down a bit short term buy today.

As noted above I am holding long term and don't mind having not caught a big dip. I've slowly built up a crypto portfolio buy putting in a few $$ every now and then. I have managed my risk by both catching dips and buying highs (that said i did avoid putting more in when the chart went fully parabolic) with smaller amounts.

[Yatsan]

Currently, Bitcoin is valued at $11,826 and rising. Is this a good time to buy small chunks of Bitcoin, such as 0.1 or 0.2 BTC? On one hand, people buying now are buying very high. But what if it doesn't dip again to under $10,000 this year and just keeps going up?

Waiting will just yield to loss of opportunity because as we can see at this moment, its market value is continuously increasing and profit will already be earned if you will invest now than to wait for the dips. Invest now and do not hesistate, huge profit is on its way as its market price increases.

[bgator76]

Both.  I would try to get half your money in now, in case it takes off back to All Time Highs, but save a little in case it doesn't. If you have a job and earn extra money each week, then go all in now, and keep putting in a little more each week.

[zenrol28]

If you're buying with spare money, sure invest on bitcoin anytime. Don't stress yourself with bitcoin's volatility. But if you're patient enough you can wait for something like below 9k. For me i'll just buy whenever I can, i don't have the time to think more, so I'm going long term.

[Altero]

Currently, Bitcoin is valued at $11,826 and rising. Is this a good time to buy small chunks of Bitcoin, such as 0.1 or 0.2 BTC? On one hand, people buying now are buying very high. But what if it doesn't dip again to under $10,000 this year and just keeps going up?

It give some worries when they buy it today,  maybe they could learn something from last year happenings when btc price suddenly goes down.  Though the price isn't high enough but I feel it will continue rising, and I think their is no such huge dip happen until midyear. 

[Gabb]

Currently, Bitcoin is valued at $11,826 and rising. Is this a good time to buy small chunks of Bitcoin, such as 0.1 or 0.2 BTC? On one hand, people buying now are buying very high. But what if it doesn't dip again to under $10,000 this year and just keeps going up?

My personal position is that it is always a good time to buy bitcoin, because I think nobody doubts that in the medium term the price of bitcoin can be quoted above $50,000. Therefore, buying bitcoins at the current price of $11,000 would guarantee at least almost 500% return on investment, which you will hardly find in ordinary investment instruments.

[Malamok101]

I think you must first wait for the bitcoin price to go down and start buying lots of bitcoin and hold it for 2 to 3 months or 1year as needed.

[CryptoNick23]

Because the bitcoin price is beginning to come back, I think it is now the best time to buy. I think it will grow a lot and I do not think it will fall anymore.

[keycellko]

I dont think there would be a dip in the near future. Better buy now before the price rises back to 18,000. Its trending upwards already, i think that huge crash was the last. If you want to wait, you might wait long. It may never come.

[supto005]

Currently, Bitcoin is valued at $11,826 and rising. Is this a good time to buy small chunks of Bitcoin, such as 0.1 or 0.2 BTC? On one hand, people buying now are buying very high. But what if it doesn't dip again to under $10,000 this year and just keeps going up?

Bitcoin isn't stable. For that nothing sure is it rising or go down to $10K. But at this moment it's seen that the price of Bitcoin increasing but slowly. So, According to me at present situation it's right time to Buy Bitcoin.

[kblaidd]

Google 'investing minimising regret'. I think you've had some good advice already on this thread, but at the end of the day this is what it's about for most of us.

I don't think it makes sense to sweat too much about the minor details. For most - but I suspect not all of us - changes in Bitcoin price are utterly unpredictable. It may be $4000 or $40000 at the end of the month. You can't predict it, so if you fail to predict it you shouldn't beat yourself up about it. And as a consequence the time to invest is always 'now'.

Personally I think the psychology of how to avoid regret is more important than the question of when to invest.

If bitcoin goes up to 40k and you haven't bought in, how will you feel?
If bitcoin goes to 0 and you have put in too much, how will you feel?

I've watched one of my poor colleagues recently see his Bitcoin investment rise in value from $1000 to $2000 then drop back again, at which point he panicked and sold the lot at no loss or gain to himself. He was checking the price every hour and feels much better now he's been rid of them.

If Bitcoin continues to appreciate, 'when' you bought into Bitcoin can be less important than it first appears. Sure, if you'd bought a few weeks ago you could have bought twice the amount of bitcoin, but assuming Bitcoin continues to appreciate then all this means is that you achieve whatever investment goals you have slightly later. For example, I'm about to liquidate the bulk of my Bitcoin in order to buy a house. If I'd had 10x the amount of bitcoin, I'd have been able to buy my house last year instead of this year. So how much do I now regret not buying 10x the amount of Bitcoin back when they were a few tens of cents each? Not a lot, really.

The more complicated question is how to sell Bitcoins that you have seen rise in price, in order to minimise regrets should they suddenly tank. I HODLed mine until they were ripe to pay off the house all in one go, but arguably a strategy of selling them off gradually would have been more sensible. We're mostly Bitcoin Bulls on this forum, but a total crash remains possible.