Wait for the dump

[Ryker1]

At the moment waiting for the dump is like missing opportunity. With the current price of bitcoin, it has turned to be an investment for the rich people. Making a profit investing at the high point is always risk involved. For users with high volume of funds is an easy try. For now there is chance of market dump, but this won't fall as close to $15000 - $20000 in the upcoming months. To invest at the dump it requires more patience.

Well you have a point there, but what if bitcoin will never dump at this year. So, you cant perfectly guess where the bitcoin price goes on and if you will wait the perfect time to invest in bitcoin it will perhaps you will regret seeing if bitcoin becomes to the moon again and create a new ATH. Therefore, there is no time to wait for the dump because anytime soon the market will grow. I suggest to OP that just invest in what you can afford and wait for the profit will come, because from time to time bitcoin will grow and that is our assurance upon waiting.

[Betaj00]

I think Bitcoin prices will not fall further,  yesterday  i sell out my some satoshi, but again i buy satoshi becouse i  Don't want to miss any chance,  i want hold my bitcoin for future. When bitcoin price has 10k Usd, then i sold my all holding satoshi,  so i Don't want miss any chance again.     

[shinratensei_]

Few days ago it is trying to dump and already it has dumped too much and now trying to much dump if market isn't try to break out 37k area then market will be dumped too much.

The market is highly manipulated. It's good to note that the same people that are driving the dip will also drive us to a new ATH

That's interesting to see that the whales are reacting to the massive buy that already made by the institutional investors. The correction has been made by those people too.
At least we can take the advantage of this dump. The dump will give us more opportunity to buy more and more bitcoin at the discount price before it will be recovered again. I do know that this market can't be 100% from the manipulation.

[Kittygalore]

At the moment waiting for the dump is like missing opportunity. With the current price of bitcoin, it has turned to be an investment for the rich people. Making a profit investing at the high point is always risk involved. For users with high volume of funds is an easy try. For now there is chance of market dump, but this won't fall as close to $15000 - $20000 in the upcoming months. To invest at the dump it requires more patience.

Rich people have to money to spare to invest at a high price, compared that to individuals that are near dirt poor. Investing at high price for rich people is not a risk for them, as a said earlier, they have the disposable money to invest no matter the prices. A dump will not be an ideal point for you to invest because that point might never be reach and you will be left behind if the rally continues toward the moon, best time to buy is now but always remember that risk will be involved and putting an all in at this moment is a dangerous move.

[chikading2016]

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

I think 100k$ is very high value my prediction is not that much, in my part i will try to wait for the big dump and then buy. Because i see that the price is still high and that is really risky, so i choose to wait for a dump or a great opportunity to buy in low price and hold untill the last quarter of year 2021. I believe that bitcoin will rise this year maybe in the last quarter.

[crwth]

If the growth is going to be consistent and is going to be traded around the $30k ~ $40k range, then it's probably going to go in either direction. The range is quite nerve-wracking because you will never know who will win unless you have set different limit positions towards either direction. If the bulls succeed, then it's going to be the highlight of the year, and if not, it's the bear, and a lot of people have the opportunity again to buy more and accumulate more.

I think waiting for something to happen is quite hard but it serves as a long-term vision for someone believing that it will go with the right place. I think the best way to be firm is to know what you are going to do when something happens. Risk management as well.

[kpierce77]

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

I think 100k$ is very high value my prediction is not that much, in my part i will try to wait for the big dump and then buy. Because i see that the price is still high and that is really risky, so i choose to wait for a dump or a great opportunity to buy in low price and hold untill the last quarter of year 2021. I believe that bitcoin will rise this year maybe in the last quarter.

Maybe bitcoin is almost impossible to dump like in 2018, there are many things that can be considered such as institutions that hold large amounts of bitcoin and also many big brands that are starting to accept bitcoin. even so the market cycle will still occur, even though we don't know when it will happen

[Joyawan13]

Better to hold a little and prepare for the worst.

We're far from the worst. Holding is still a good option at these times, you see the market had a flash crash and it will eventually recover just as the usual attitude of bitcoin.
This is when the emotion kicks in for some investors. They're very scared if they see bitcoin moves down a bit and think that it's finally the end of it. But for most that have been through the 2018-2019 bear market and the other earlier years, this is just an easy way to say that you still have time to buy.

as investors and not as day trading, when the market moves to a slightly lower price, of course we should not have emotional thoughts or fear a decline, because in my opinion as investors we have to think for the long term, and the opportunity to buy bitcoin and cryptocurrency others of course can still be done whenever we want.

[wxa7115]

I'm "hoping" for it to go under $30K just to buy more.

We hope the same too. But we do not know what will happen in the market, and we can only hope that will not happen. But if the price still going down below $30k, we can not do anything except following the price, and maybe we can buy more bitcoin at a lower price. As long as you do not panic when the market down, you will see the chance to buy bitcoin, so prepare yourself.

This is a dangerous strategy, a lot of people always say that they want to buy the dip but when the price begins to go down they get nervous about the possibility of the price crashing on them and they keep waiting only for the market to make a comeback and begin to grow significantly once again, and then those people begin to complain about the fact that they did not bought at the level they said that they were going to buy.

As always I recommend people to have a very defined strategy about when and how much bitcoin they want to buy because quite honestly that is the only way to make profits in the market for the long term.

[abel1337]

The price correction is expected from a sudden pump, Many of us expect that bitcoin will repeat itself like what happened in 2017. Above 30% correction would give the signal that it is happening. But who knows bitcoin might remain on its 2017 ATH price because bitcoin is different now compared to 2017 because of companies and personalities that have bitcoin.

[nelson4lov]

From what I see on the charts, Bitcoin is currently in range right now. It's between $32K - $39K. That's why a lot of altcoins have been afforded the opportunity to shine and reach new heights. Whatever Bitcoin's next move would be will be known when Bitcoin does a breakout. Until then, I expect altcoins to keep running while bitcoin remains in that range. I don't know why I'm the only one who still feels that $100K is too far fetched even for this bull run.

[sayaya17]

It’s still in my question too. I’ve seen bitcoin sideways this week and history has also often experienced this in bitcoin. We’ve been through this before.
I don’t remember exactly, but if true, after  such a quick  bullish  from 2020 to  early January  2021, the real  bullrun  will happen  after this sideways.
This  time  bitcoin  does only  provide  an  opportunity  to  pump  altcoins. But  actually  we  will  know  after  this, bitcoin  will  go in  which  direction,
will continue bullish, or decrease to $20k.

[crzy]

The price correction is expected from a sudden pump, Many of us expect that bitcoin will repeat itself like what happened in 2017. Above 30% correction would give the signal that it is happening. But who knows bitcoin might remain on its 2017 ATH price because bitcoin is different now compared to 2017 because of companies and personalities that have bitcoin.

That correction will become big for sure but I still hope that it wont last for a year just like the big correction before. We can wait for the correction but of course we don’t know when it will happen since the market still don’t tire of getting pump, we might see some corrections at the end of 2nd quarter.

[Pokapoka124]

I'm "hoping" for it to go under $30K just to buy more.

We hope the same too. But we do not know what will happen in the market, and we can only hope that will not happen. But if the price still going down below $30k, we can not do anything except following the price, and maybe we can buy more bitcoin at a lower price. As long as you do not panic when the market down, you will see the chance to buy bitcoin, so prepare yourself.

This is a dangerous strategy, a lot of people always say that they want to buy the dip but when the price begins to go down they get nervous about the possibility of the price crashing on them and they keep waiting only for the market to make a comeback and begin to grow significantly once again, and then those people begin to complain about the fact that they did not bought at the level they said that they were going to buy.

I couldn't agree more, the psychology is incredible. I have notice such people prefer to buy a coin when it is in the greens than when it really dips

[avarnet]

I think Bitcoin prices will not fall further,  yesterday  i sell out my some satoshi, but again i buy satoshi becouse i  Don't want to miss any chance,  i want hold my bitcoin for future. When bitcoin price has 10k Usd, then i sold my all holding satoshi,  so i Don't want miss any chance again.     

The probability is that bitcoin may fall to $ 10,000, when there is an economic crash or negative news. You can see the data several times due to negative news making bitcoin drop dramatically.

Even yesterday I saw the Covid outbreak in fact bitcoin dropped significantly. I'm pretty sure bitcoin will be back at a price of 7,000-10,000 $ though not in the near future. prepare money to be able to buy

[imstillthebest]

i cant remember exactly if what happened last march during the covid outbreak but if i still recall i think that the price pumped that time and now we are again close to march and new variant of covid is also coming .

dont tell me it will come also on the month of march ? what a co incidence or maybe planned ? it will be hard for us people but not for btc and cryptos because second wave is probably going to give crypto a price boost again ,

there is a big chance achieving that 100k u.s dollars by this year

[Kocret02]

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

$ 100k seems tough for this year, the most realistic is $ 80k for this year if in my opinion, but it is possible if the market is volatile well and the market is always improving. so in my opinion it is to monitor market developments at any time in order to determine the potential price that can be accurate

[dotcoin.info]

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

It seems that bitcoin is in no rush to repeat the moves of 2018. Yes, a correction was inevitable, but the resistance levels were able to bring the biteoin back to fairly high positions.
37k, I don't know how long it will last, but I want to believe that it will take a long time.
Should I expect a deeper dump? Definitely, I am deeply convinced that we are now at the top of the hill with which we will later slide down. Everything is cyclical, especially in the crypto area.

[carlfebz2]

Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

It seems that bitcoin is in no rush to repeat the moves of 2018. Yes, a correction was inevitable, but the resistance levels were able to bring the biteoin back to fairly high positions.
37k, I don't know how long it will last, but I want to believe that it will take a long time.
Should I expect a deeper dump? Definitely, I am deeply convinced that we are now at the top of the hill with which we will later slide down. Everything is cyclical, especially in the crypto area.

We cant tell that we are already on the peak because its never been possible for someone who do able to guess that thing because we wont able to tell if this one is just midway or the beginning for higher
peak prices.

Dumps and deep corrections are inevitable because we cant just see a market that would really be having continous rise.There would be always a sell off.

Wait for the dump? Just make sure that you do able to get in and wont really be missing out those low numbers because the entire market wont really be heading down as you anticipated.

[Pokapoka124]

$ 100k seems tough for this year, the most realistic is $ 80k for this year if in my opinion, but it is possible if the market is volatile well and the market is always improving. so in my opinion it is to monitor market developments at any time in order to determine the potential price that can be accurate
[/quote]
I believe its possible with the influence of institutional investors. These guys aren't buying btc at $40k to sell at $45k or $50, they are looking at $100