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Author Topic: Don't buy this dip yet!  (Read 386 times)
Lucius
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March 25, 2021, 10:37:14 AM
 #41

Can we see Bitcoin at $40k?
Can we see Bitcoin at $30k?
Or we will never see Bitcoin under $50k again... ?! Help me with this, I am thinking for some time as I said, and still I am not sure about anything... to be honest!

If you haven’t learned by now that Bitcoin is extremely volatile, maybe it’s time to realize that now so some things will become clearer to you. We all remember what happened a little over a year ago, so if we accept that corrections of as much as 50% are happening, then the answer to your question is in the next sentence.

Bitcoin below $50k is something that is quite possible, there is no doubt about it - and as far as lower values are concerned, it is possible if some big correction happens, so I believe that we should be ready for everything.

However, this is an extremely bullish year and I personally do not expect any major correction, the trend is still positive despite the fact that some do not understand how the market works - the price can not constantly go up.

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March 25, 2021, 10:51:17 AM
 #42

Given all the positive news about Bitcoin lately, I think you’d be wise to buy sooner rather than later. This Friday’s options expiry could very well be the last chance to buy before the next leg up. The important thing is to not buy using leverage and to not buy unless you’re going to hold until it hits your predetermined sell point.

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March 25, 2021, 11:35:29 AM
 #43

As you all can see, markets have dumped very quick with BTC in a loss of around 6% because of the sudden dip. When we don't know why this happened, let's talk about the technicals and see which area could be the best for BTC to be bought.

It's creating a triangle in 4H but that's not looking in the favor of BTC and could bring it to its major support at around $52k. But hodl your breath, it's not over yet. If it's broken down, there will be more opportunities for shorts to pull it down between $47k and $43k and if it doesn't hold there too, the dump will further take the price to eat the liquidity near $36k after which it'll begin its run again.

I am looking at this bulls area for BTCUSD right here, and will take buys if the current H4 closes outside the bulls area, having stopps somewhere below it. Next thing then, is to accumulate more buys on the M30 TF, to maximize possible gains if there are any decent entries.



This time, BTCUSD punched me in the face really hard. Just like that PAAAM!
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March 25, 2021, 11:47:58 AM
 #44


I would like add that anytime is a buying opportunity, its just that dips are a good one because they can help you buy at lower prices and get more out of your money, I mean you will wait for a dip and no one will know that it is the until it has happened so the only way is to get in instead of waiting because the dip that you might've been waiting for never arrived and the prices just goes up continuously.

$52k is a good buying opportunity I and some of my friends have taken that opportunity, we have no regret it could go down further, or go up eventually tomorrow or the next day but we have high hopes that the 6 digit many experts are predicting are going to happen this year, it's part of this year's milestone, so buy with confidence when the price is dipping.

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March 25, 2021, 12:18:39 PM
 #45


I would like add that anytime is a buying opportunity, its just that dips are a good one because they can help you buy at lower prices and get more out of your money, I mean you will wait for a dip and no one will know that it is the until it has happened so the only way is to get in instead of waiting because the dip that you might've been waiting for never arrived and the prices just goes up continuously.

$52k is a good buying opportunity I and some of my friends have taken that opportunity, we have no regret it could go down further, or go up eventually tomorrow or the next day but we have high hopes that the 6 digit many experts are predicting are going to happen this year, it's part of this year's milestone, so buy with confidence when the price is dipping.

Not going to say those experts are wrong, but your time horizon should be longer then end of this year. BTC is about holding for multiple years, do that and you'll be wealthly beyond your dreams.
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March 25, 2021, 12:27:24 PM
 #46

Why not? Every dip is a buying opportunity. Those "triangles" and other chart readings might not be always the same or what you think. Hence, just buy when you see a dip. It is going to be okay even if its a bad "buy" - you know, since you are going to invest only what you can afford to lose. That's the golden rule right?
If the dip was the last buying opportunity, people would start regretting a lot. What if the "$25k" you are expecting never happens? You would keep on waiting an event that is never going to occur and miss all opportunities.
I would like add that anytime is a buying opportunity, its just that dips are a good one because they can help you buy at lower prices and get more out of your money, I mean you will wait for a dip and no one will know that it is the until it has happened so the only way is to get in instead of waiting because the dip that you might've been waiting for never arrived and the prices just goes up continuously.

For long term, yes you can buy at any time and at any price because once bitcoin will reach 100,000$ it will not matter if you bought at 55K or 50K.

However, if you are a trader then these are good opportunities to accumulate the bitcoin at the dips. Smiley
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March 25, 2021, 01:26:08 PM
 #47

Given all the positive news about Bitcoin lately, I think you’d be wise to buy sooner rather than later. This Friday’s options expiry could very well be the last chance to buy before the next leg up. The important thing is to not buy using leverage and to not buy unless you’re going to hold until it hits your predetermined sell point.

In the long run whatever you do you will be satisfied.

I remember talking with friends about buying in 2018 and some bought and regretted it, some did not buy. In the end those who did not buy never could find the right time and price to do it. It was always too expensive for them. Those who had regrets but held, eventually got so much profit that they turned into permanent holders. When I asked them a few days ago if they're planning to sell what they bought in 2018 they said no Cheesy
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March 25, 2021, 04:48:45 PM
Merited by pixie85 (1)
 #48

In the long run whatever you do you will be satisfied.

I remember talking with friends about buying in 2018 and some bought and regretted it, some did not buy. In the end those who did not buy never could find the right time and price to do it. It was always too expensive for them. Those who had regrets but held, eventually got so much profit that they turned into permanent holders. When I asked them a few days ago if they're planning to sell what they bought in 2018 they said no Cheesy
That's sort of me, and I am quite happy about it. I didn't buy during 2018 I have to be honest, but in 2020 during early April when it was very low, I bought some and I assumed it would go to 13-14k prices when the halving happens and some time passes.

To be frank my goal was to reach 13-14k prices these days, so hold it for nearly a year and get a 2x return, that was my "hope". Now we are so high that I can't get too scared about any fall. Sure I would love it if bitcoin price could go to 100k, but that doesn't mean that I would be sad about the current price neither.

So long story short, we are doing fine for me, it is all about buying at the right time. I have a friend who is already very rich, he has millions of dollars, all made from early bitcoin investing but he got out a bit ago, and he kept buying bitcoin whenever it dropped more than 5% any day, he did that for years, and basically got so rich that dude got out with a lot of money but he already had some anyway, that is the power of being able to wait.

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March 25, 2021, 11:44:59 PM
 #49

don't be afraid to buy bitcoin at the current price, because we have confirmed that Bitcoin will reach $ 100k this year, it looks a little greedy but during the bullish season that is what must be achieved, just buy at the next support if you are afraid, but so far everything is fine.

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March 28, 2021, 12:17:08 PM
 #50

don't be afraid to buy bitcoin at the current price, because we have confirmed that Bitcoin will reach $ 100k this year, it looks a little greedy but during the bullish season that is what must be achieved, just buy at the next support if you are afraid, but so far everything is fine.
Well buying bitcoin is good idea but it depends on the buyer if they wanted to buy bitcoin on this short dip 55k$ is still big and i think its not totally dip it is still big and risky if we buy bitcoin this time, for me it is better to wait a big dip than buying bitcoin on this moment. Because there is still no assurance that bitcoin will reach 100k$ at the end of year 2021 all are only predictions

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