Is it too late to buy?

[9thsky]

The dip a couple of days ago was beautiful but unfortunately I didn't take advantage as much as I should have. Is right now I bad time to go in? Should I wait for another dip? Thinking of getting several coins. Goal is very short time investment.

[GreatArkansas]

This is one of the examples of telling people "I will buy once it will dump and dip".
Emotions, when the price is already pumped or high for you, you are telling yourself to buy when it will pull back or dump.
This is difficult and I admit that I am always experiencing this. We don't know how deep the dip is.

That's why the best thing to do when you want buy the dip, try to not do 1 buy or all in, try to average it on multiple buy orders incase there are/is more dip or no more dip. Just my 2 cents.

[The Cryptovator]

Is there any Bitcoin dip definition really? If so what is that? These are the complicated things to determine where is the dip actually and most likely we will fail to find it. Two days back the dip was below $40K and now start to pump it again. Who knows it would dump more or just continue pumping upward? If dump then when? So many questions but no answer at all. So when you take entry on Bitcoin it's the correct time for you. Don't think always you can buy it bottom and sell it top. Because it's unpredictable where is the bottom where is top.

However, I am just waiting for a little more dump. Not sure either it will happen or not, but I will not jump right now. Never mind if regret it later. I have learned from the past. I will not be hurry during investment, and I will not be panic during the sale.

[mk4]

If you're only planning on making a short term investment, then your guess is just as good as ours lol. We're not fortune tellers here.

[DarkDays]

It is hard to define with certainty what a dip is, today may be a dip - all these are relative over a certain amount of time.

So I'd say if the plan is to hold for a few weeks then maybe going in would not be such a bad idea. The longer you're prepared to hold the less worried you should be about going in now as it is the average that counts in the end.

However, let this be a learning lesson for those who always say they'll buy the dip, market drops like 10% and they still wait for the dip. Jump when there's blood in the streets. Simple as that!

[sujonali1819]

The dip a couple of days ago was beautiful but unfortunately I didn't take advantage as much as I should have. Is right now I bad time to go in? Should I wait for another dip? Thinking of getting several coins. Goal is very short time investment.

I think it would be better if you catch bitcoin at below $40k. Previously It went to $30k and then go back again to $52K. So as I think it is very hard to go back again $30k. So better to get chance to buy around $40k imo.

To be honest most of the time we failed to catch these dump due to our greed and emotion and or/ not well known to hold usd. When we see these dump also our capital go down due to open trade. Thus how we miss this. We should make a good habit of keep hold a portion of USD/ FIAT.

[9thsky]

This is one of the examples of telling people "I will buy once it will dump and dip".
Emotions, when the price is already pumped or high for you, you are telling yourself to buy when it will pull back or dump.
This is difficult and I admit that I am always experiencing this. We don't know how deep the dip is.

That's why the best thing to do when you want buy the dip, try to not do 1 buy or all in, try to average it on multiple buy orders incase there are/is more dip or no more dip. Just my 2 cents.

Actually when bitcoin or altcoin price pump many trader or investors hope bitcoin or altcoin price could dip few while to buy back, but when the moment of price dip why many trader or investor not brave for buy back and try to add bag with many altcoin choose. Later when price have recovery and bitcoin back to higher again we found many disappointed from investor or trader statement, why not buy back yesterday when bitcoin and altcoin still dump. They have not brave when get chance and always fraud with bitcoin dump, how ever that the good beginning to buy back when price dump.

I'll answer for me. Thought the dip would last longer and that it will continue dipping like what usually tends to happen in such cases.

[palle11]

I'm not viewing the bull to be over yet with the looking of how the price coming back after it drops. Hodling isn't just what we look at the short term but for a longer time gains. Waiting for more dip to around $30,000 can be a time that we can't tell. Therefore in not to miss the real deal which is the future increase, it is better to buy and hodl now. The price of bitcoin is coming back after the little hourly correction last few weeks, no speculation can be accurate or perfect but investing to the extent that we can sustain ourselves is better.

[Farma]

The dip a couple of days ago was beautiful but unfortunately I didn't take advantage as much as I should have. Is right now I bad time to go in? Should I wait for another dip? Thinking of getting several coins. Goal is very short time investment.

the bitcoin price has now reached $42k again, and this is an opportunity for you to buy again if you think that the past few days were an opportunity to make short-term money. If $44k or $45k is a high price for you, take a look at the current prices, might come back thinking that this is an opportunity you can take advantage of.

however, always hesitate in making decisions will make you fall behind again. even when the price drops like today, but the hesitation to buy for fear of a more severe dump will still exist. but if you have entered the crypto world, you have to face it. Therefore, invest the money you can lose, it's better than using your main money.

[semobo]

If you're only planning on making a short term investment, then your guess is just as good as ours lol. We're not fortune tellers here.

You can never find the perfect moment to invest on crypto currencies because of their highly volatile nature so just accept what is at the moment and try to make something out of it. If you were me then I would be waiting for another dip for sure since the market is moving downwards in the larger time candle sticks.

[rhomelmabini]

The dip a couple of days ago was beautiful but unfortunately I didn't take advantage as much as I should have. Is right now I bad time to go in? Should I wait for another dip? Thinking of getting several coins. Goal is very short time investment.

Don't try to go all-in just because you saw a dip sometimes the market doesn't behave on the way you think, like I buy because it dips then it will back up, that's not the way it is. Try to familiarize with the DCA method, this is just my opinion but for short term coins/tokens better to look for top100-200 in market cap but for longer term I'd say Bitcoin and Ethereum.

[Kittygalore]

Buy now while the prices are going low, spend a portion of your money to buy the current dip and if unfortunately/fortunately another dip happens, you can spend another portion of your capital, it's not too late to buy, remember the saying "Better late than never"? This applies to that too.

[samcrypto]

The dip a couple of days ago was beautiful but unfortunately I didn't take advantage as much as I should have. Is right now I bad time to go in? Should I wait for another dip? Thinking of getting several coins. Goal is very short time investment.

The market is getting down again, the price didn’t stabilize on top so expect a more cheaper market in the coming days, with these candle sticks I can really say that its not too late to buy just make sure you are buying a good project. Though even if the price is that high, you can still buy and trade, perfect timing is the key.

[arbifahrozy]

The trading market is now very volatile as compared to the previous some days because the bitcoin is not as stable at one place, and better choice will be that to stay away from the market now a days even when you are a short term investor because in short term trading, there is not that much time to wait for a coin, so beware of the market present situation.

[ethereumhunter]

The dip a couple of days ago was beautiful but unfortunately I didn't take advantage as much as I should have. Is right now I bad time to go in? Should I wait for another dip? Thinking of getting several coins. Goal is very short time investment.

What do you think? I guess you should analyze the current situation so you can decide what you should do. But for me, this dip gives us a benefit: we can buy many potential coins at a low price, especially for buying bitcoin because bitcoin price drops too deep. After this down moment, the price will start to rise and maybe that will be the next rally that will come to the market. If that can happen, we will make a big profit.

[olib123]

No there is no late to buy. Whenever you find a good assets to invest you can buy there is no late or early. The thing is right time.

[el kaka22]

Goal is very short time investment.

Then you should not go for investing with bitcoins because you might get trapped at any time.
You may go right now if your ready to convert to positions into long-term holding rather than looking for quick profits.

Bitcoin is known for highly profitable only for long-term holders and people like you who are looking for a short-term investments might get enforced to hold for long-term so opting yourself to go for long-term investments might avoid disappointments in the end. When you're not ready for long-term holding them simply looking for any other opportunity except bitcoin might help you in better way for sure.

Overall, we can expect bitcoin market to be entering into bullish trend here after and may remain bullish till end of this year but anything could happen in near future but overall trend is bullish. So, go as per your risk assessment.

[Lanatsa]

The dip a couple of days ago was beautiful but unfortunately I didn't take advantage as much as I should have. Is right now I bad time to go in? Should I wait for another dip? Thinking of getting several coins. Goal is very short time investment.

Determining about the bottom price is always been a question on mind because price is always been unpredictable.The thing you did earlier was great because there is some significant price drop in the market and made out some recovery afterwards which I could say to be some easy money.

How it would be done again? Just try again on what you have done earlier.It might not be simple but that's how it works.There's no such thing about too late to buy specially if you are really that going for long term but if you are tending to make out short term then its your action to take.

We do have different decisions to be made and that's why it wont be surprising that neither we do made the right one or wrong.

[Raflesia]

If you have to wait longer, how long will you know that entering the market will be bad or good? While the market doesn't determine when it's good to enter, so I think the sooner the better which coin you will buy if that includes bitcoin.

IMO, this is very appropriate for you to enter the market and choose bitcoin at a low price but for short term investments how it is you who decide and have to take care of your greed and also emotional, then it needs to be paid attention to get a decent profit.

But indeed there are some suggestions that you should wait under $40k while some say it is right now so decide which one do you think is better to enter the market.

[Zilon]

Its still not late you can still buy and hold waiting for the next bull run to take some profit. If you keep having the notion of missing out chances are that you might likely still miss out on the next move take advantage of this very moment I think it haven't gone too high enough yet you can start with the current price take some profit when you see some wait for another dip where you can join the train early enough