Can we get another golden oppurtunity to buy?

[pinggoki]

Like many bitcoiners im one of the people who didnt bought bitcoin at 6000$ or even 15k or 20k$ and i wonder if its possible to see bitcoin in at least 20k again
If no should i buy now or wait more to get lower price ?

Better if you will just wait the bitcoin to dump for around $15,000 because if you buy right now there's a lot of chance that the bitcoin will suddenly collapse and dump because as we can see the price of bitcoin was very high and when it dumps after you buy then it would be bad for you and another thing is that the fees will be so high and it is also because of the price of bitcoin. I suggest that don't buy right now just wait for the bitcoin to dump so that you will be able to buy more when the price suddenly dumps.

[MWesterweele]

People are patiently waiting for that moment but the question is when that huge correction to take place? because for me, if I have enough money to risk, I'll start buying now. Not really a good price to start as we are still in the bullish season but many people say it going to $100k soon which is a possibility to double your money.
The risk is too high but we are doing this for many years, and the price moves high in every Bullrun thus, if we are a long-term holder, it gonna be fine.

Indeed, people are patiently waiting for price correction and even me, i do also waiting for a big price correction but i guess these won't going to happen for now because investors actually huge potential investors are keep on entering cryptocurrency world especially investing in bitcoin. To be honest, this is the best time to buy bitcoin but if and only if you have the potential to avail bitcoin at that high price. At the moment we are only differ from the previleges to buy bitcoin or just wait for the price correction.

[jasonjm]

At the moment chances are very slim for a golden investment opportunity in Bitcoin like in 2020 market crash and from this point on I think there is no turning back for Bitcoin and the price will continue to rise further after a bit delay or market correction as more and more companies and institutes are looking to invest in Bitcoin or looking to buy their own cryptocurrency which will ultimately increase the adoption and price of Bitcoin.  

[Argoo]

Like many bitcoiners im one of the people who didnt bought bitcoin at 6000$ or even 15k or 20k$ and i wonder if its possible to see bitcoin in at least 20k again
If no should i buy now or wait more to get lower price ?

Guessing the price movement of bitcoin is a fast track to financial success and wealth. Now, taking into account the previous experience of 2017-2018, many rushed to sell their bitcoins even when it exceeded the price of $ 20,000, others a little later. Therefore, now they are expecting a very deep fall in the market in order to buy again. So far, those who held bitcoins until recently are winning. The risk is, of course, significant, since the amount of money invested is very large. However, how bitcoin will behave further is still a mystery. Whoever makes the right decision will make a profit.

[Kasabus]

We were given an opportunity last year where Bitcoin fall around 4k if I can remember correctly, worry not for the correction and the bearish season will take over. This will bleed the market out. Cryptocurrency is so volatile, we'll get our chance, patience is the key.

I can always see this kind of wish, lol.

When it bull run, people would say, when can we buy a cheap price, I think the price is too high already, but when the market starts to bleed and looks like it has no hope for recovering, then they would say they are not buying as bitcoin may die because it's just a bubble.

now, with that kind of mentality, they are just fooling themselves.

[online73]

Buddy, the price of any asset is cyclical. Here everyone understands that there is a time of ups and downs. Personally, I buy a small amount every week at the current price, but my main buy orders are in the $ 18,000-20,000 region. I have no doubt that over time, the price will either gradually or for a short time fall. Currently, it is very difficult to keep up with the price of bitcoins, and you should not stop there, you just need to live and enjoy life. And everyone who knows how to wait will be rewarded by the crypto market.

[milewilda]

We were given an opportunity last year where Bitcoin fall around 4k if I can remember correctly, worry not for the correction and the bearish season will take over. This will bleed the market out. Cryptocurrency is so volatile, we'll get our chance, patience is the key.

I can always see this kind of wish, lol.

When it bull run, people would say, when can we buy a cheap price, I think the price is too high already, but when the market starts to bleed and looks like it has no hope for recovering, then they would say they are not buying as bitcoin may die because it's just a bubble.

now, with that kind of mentality, they are just fooling themselves.

Not actually fooling themselves because we are just humans which do normally react with these kind of circumstances because dealing with a unpredictable market will really give
out those boggling mind situations where it do really affect our emotion as well which we do presume into something which isnt right.For those who do took risk in spite of
the fear or anxiety in the market on that particular time are the ones who had been reaping off those profits since the market had rose up into a level that we didnt
expect for it to be reached or attained.This is why if you do see some opportunity then its better to take grasp because you wouldnt know on what would happen.

[Wawa2013]

Many people regret not buying Bitcoin when it was under $ 20k, I even started buying Bitcoin this year at $ 40k. I think if you want to buy Bitcoin
for a long-term investment you don't have to wait for Bitcoin to drop to a price of $ 20k. But buying Bitcoin at the current price is not a problem,
because the price of Bitcoin in the next 5 years will be much more expensive than the current price. However, if you really want to trade Bitcoin,
you have to wait for Bitcoin to correct to a price below $ 55k. Because if you look at the current Bitcoin movement pattern it is impossible for Bitcoin
to fall again to the price of $ 20k.

[Iranus]

I don't think the price of Bitcoin can go down so much, if you look at the daily chart of the market you will see that there are a lot of active buyers in the market. Bitcoin has huge support at $50,000. Bitcoin has crossed ATH by bouncing back from $50,000 several times, it seems $50k is very strong support. Looking at the current market, it is clear that Bitcoin will never go below $50,000, so buy and hold your coin now or regret for it later.

[tippytoes]

Many people regret not buying Bitcoin when it was under $ 20k, I even started buying Bitcoin this year at $ 40k. I think if you want to buy Bitcoin
for a long-term investment you don't have to wait for Bitcoin to drop to a price of $ 20k. But buying Bitcoin at the current price is not a problem,
because the price of Bitcoin in the next 5 years will be much more expensive than the current price. However, if you really want to trade Bitcoin,
you have to wait for Bitcoin to correct to a price below $ 55k. Because if you look at the current Bitcoin movement pattern it is impossible for Bitcoin
to fall again to the price of $ 20k.

Exactly! If you will wait for that "golden" moment before buying your first satoshis, it will never come. Just take your opportunity what you have today, because in the near future, you will not regret it. The bitcoin's price is steadily increasing and the chance of going back to let's say 20k level is very slim. Do you really want to wait for that to happen, or just strategize what options you have on hand today?

[Yamifoud]

I don't think the price of Bitcoin can go down so much, if you look at the daily chart of the market you will see that there are a lot of active buyers in the market. Bitcoin has huge support at $50,000. Bitcoin has crossed ATH by bouncing back from $50,000 several times, it seems $50k is very strong support. Looking at the current market, it is clear that Bitcoin will never go below $50,000, so buy and hold your coin now or regret for it later.

Yep, I'd find it to be stable at $50k-$60k, not even seeing huge corrections. Not impossible to see its price drops again but can't go down deeper as we think and compared it to the last bear season. Now, it was clear to see that Bitcoin is highly in demand. There is a huge volume of crypto investors choosing Bitcoin and that is a big help pushing its price to rise and keep that certain momentum for how many days, probably months of having like that.

[dimonstration]

I don't think the price of Bitcoin can go down so much, if you look at the daily chart of the market you will see that there are a lot of active buyers in the market. Bitcoin has huge support at $50,000. Bitcoin has crossed ATH by bouncing back from $50,000 several times, it seems $50k is very strong support. Looking at the current market, it is clear that Bitcoin will never go below $50,000, so buy and hold your coin now or regret for it later.

It will not fall too much now since there are already big companies invested in BTC, they will not let BTC price fall too much without rebuying unless they already gain alot from it which will only happen in the near future since they just invested now. There is still more chance for it's price to increase and being able to buy in small dips can be an opportunity already than to wait in a golden time which we don't know if will ever happen again.

[Zemomtum]

If such an opportunity will ever come, it will not be this year. The current trend suggests that we might have a bull run all throughout the year and there is no time that someone gets into it that is not profitable. It all depends on your waiting tolerence.

[iTradeChips]

I think that the OP is referring to a larger scale of corrections, which isn't happening anymore, especially after the recent Tesla/Elon Musk incident. If we take a look at the following graph, we won't see any major corrections. The prices had crashed only to a small percent, such as 4-5% at most.

The following graph is exported from Coinmarketcap, for the last 3 months. If we observe it, we'll notice that there are only few corrections, and we won't notice crashes of large extent. I don't think we'll see any major ones in the near future.

Based on your observation, it is really seen that a grand correction will take place anytime for the next year or so as established corporations on both tech and finance have shown interest in Bitcoin and made some investments on the said cryptocurrency. Right now all we can do is simply buy Bitcoin as it is then wait for a good price increase that will happen in a few years, but hopefully not more than a decade. If we wait for a decade then it might lead to good profits, provided you also invested big on Bitcoin.

[cabron]

Yes, probably you have opportunity to buy Bitcoin in the future when Bitcoin become low price. No one can tell that Bitcoin will increased tremendously like happening now, only people who have guts to hold their Bitcoin last 2018 until now, they become winners now cause of a large profit due to holding their Bitcoin, like what one anime character used to say he said..."everyone has their own turn"...so wait for your turn who knows someday if the right time we would get what we want   

They deserve to have earned their rewards for holding it though. Many of them have sold it that made them poorer instead. For the price of BTC to drop again down to $20k or below, we had to experience the bear market again which could happen probably next year or the next. Its very unsure when because of the pandemic.

Now if the price of BTC will go way up high just as some of the persons have speculated which could go up to 300K, it might just be different and 20k could just be too small for its price even when we experience a long winter market.

[X7]

Cost average in bit by bit, until you hit the amount you would like ideally. There will never be a perfect time, it is just gambling at that point.

[fauzan123]

At the moment chances are very slim for a golden investment opportunity in Bitcoin like in 2020 market crash and from this point on I think there is no turning back for Bitcoin and the price will continue to rise further after a bit delay or market correction as more and more companies and institutes are looking to invest in Bitcoin or looking to buy their own cryptocurrency which will ultimately increase the adoption and price of Bitcoin.  

In any case, the total amount invested in bitcoin and other speculative, high-risk investments combined should not comprise any more than 3% to 5% of your total portfolio. The other 90-plus percent should be a diversified mix of mutual funds, index funds, stocks, bonds, insurance and other more traditional investments with predictable returns.

The goal, as always, is to spread your risk. That way, if bitcoin continues to boom, you’re in a position to be rewarded with an appreciating asset, and maybe even cash out with a major capital gain at some point. On the other hand, if it goes bust, the net damage will be minimal.

[Sithara007]

I don't think that the Bitcoin prices will fall below $50,000 level in the future. In the past, we had major corrections on two occasions (first one in 2015-16, and the second one in 2018-19), because there was widespread panic selling among the individual investors. But now the investors are aware of this volatility of Bitcoin and most of them are unlikely to liquidate their holdings even if the prices fall. Also, the entry of institutions will prevent large scale dump of Bitcoin in various exchanges, as they are looking for long-term hold.

[Zilon]

Currently the Bitcoin price is fluctuating. Certainly the price might likely drop for a cheaper buying entry but can't fall back to $20000.  But this could be a nice time to buy Bitcoin because the price might rise sooner than we expect.

[geegaw]

I don't think that the Bitcoin prices will fall below $50,000 level in the future. In the past, we had major corrections on two occasions (first one in 2015-16, and the second one in 2018-19), because there was widespread panic selling among the individual investors. But now the investors are aware of this volatility of Bitcoin and most of them are unlikely to liquidate their holdings even if the prices fall. Also, the entry of institutions will prevent large scale dump of Bitcoin in various exchanges, as they are looking for long-term hold.

Part of this prediction is true, as recently, a lot of organizations, from the public to the secret they went into and invested quite a lot in bitcoin, that makes the correction of bitcoin no longer as strong as it was in the past, instead, there are small collapses and in return there are long-term advancements, therefore, waiting for a golden opportunity to buy back will be quite rare. The situation is not optimistic for those who want to buy at an extremely low price but crypto often has surprises, sometimes collaboration between financial institutions can also create this giant correction