Need advice regarding buying

[Chris1520]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».


Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

[1714887464]

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[DannyHamilton]

I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.

High?  Maybe if you need access to the funds in the next 12 months or so.  Long term?  Bitcoin is still VERY cheap.

Each satoshi (smallest spendable unit of bitcoin) only costs $0.0006. That's 1,667 spendable units per dollar!

What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Always buying.  Buying whenever I have money available to buy with. If bitcoin is worth $10 million per btc in a decade or two, are you really going to care if you bought it when it was at $65k instead of $55k? Do you really want to risk the possibility that it never drops back down below $55k again, and you continue to miss out on the opportunity to buy more? If it does drop below $55k again, just buy more at that price when the money becomes available, if it doesn't then at least you bought before it went over $100k

[Smartvirus]

Buying at ATH is preached not to be the best of ideas but then, don't forget that yesterday's low was once an ATH at a time. That's the point of it all. The market is designed to continue to rise and it would, its just a matter of time. Your idea or investment plan is where the problem is settled at. I don't hesitate to buy when ever I've got the chance becuase, I'm very much prepared to hodl for as long as I draw breath if need be. Only spending my coins when I've got no other option. It might not be your way but, its what works just fine for me and don't seem like a bad idea either.

[carlfebz2]

Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Depends on your goal perspective because people are different when it comes to decisions like these whether some of them would really be that mindful on buying on bottom price as possible and some doesnt really care

because they are aiming for long term which means buying point or entry wouldnt really be that much an issue as long they do able to accumulate and able to buy as they like.

If you are in doubt that the price is still on its peak then it isnt bad to wait up for some retracement or correction because it would surely happen no matter what
because the price wouldnt really continue to increase like forever.

[worldofcoins]

I'm waiting for bitcoin to go somewhere around 48-50k USD.
After that happens I will buy a chunk of bitcoins when it's around that price range, For me, it's quite high at the moment.
I happen to sell bitcoins back when it was around 45k USD, was in need of money and now i think i shouldn't have had sold all.

[Slow death]

What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while?

the price is at $64000 and will probably test the support which is at $62000 and if it breaks and falls below $62000 the price will have to fight for it not to break at all the $60.000 because in case of a break of $60.000 we will see the price reach $57000 and start a price drop down to $55000. i think the best option if you are not day trading would be to wait a few days to see the direction the price will take

[Yogee]

It shouldn't be a problem if it's $59K or $68K unless you are using money that you can't afford to lose. If you're still worried at the current price then perhaps you can just wait for the current cycle to end. The problem with that is the current ATH could be the new bottom after BTC peaks at six digits. Who knows?

There is another thread where the creator aysg76 is documenting his investments in the past few months. You can also follow the development https://bitcointalk.org/index.php?topic=5349270.0

[GreatArkansas]

Buying every dip after Bitcoin reached above $60,000 is always a good decision these past few days.
There are still a lot of ways on when is the best time to buy, especially when it testing support level. DCA is good too, I know lot of people keep doing that especially for every dip they just buy.

[Questat]

What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

It is gonna be a tough and riskier decision to make a buy at this current price but if we have the guts and the money, I guess, why not? But the best buying time is during the market correction, maybe we could have it shared, 50% to spend now while 50% is in reserves when the price drops. That will be a sort of buying strategy, we don't know what will happen next.
But for me, I have to wait for a while. I know it drops again, the hypes will stop soon might it take some time but at least the risk is less compared to buying at its peak.

[adaseb]

No one here can really give you any advice because nobody knows how high or low Bitcoin will go in the near future. The only advice I can give you is if you are going to buy it, either get a hardware wallet and keep it on there or if you are going to leave it on the exchange then at least use 2fa which is non SMS.

Also don’t margin or trade futures. Sure it’s nice seeing people showing their 1000% gains with their 25x leverage trades however keep in mind most people end up losing their accounts that way.

[mk4]

Bitcoin is only "high" at those prices if you're not planning on holding long term. Because if you think 59k is high, why even invest in bitcoin in the first place if you don't actually think that it could go a lot higher from here sometime in the future? Well, unless you're here to trade it, not actually invest; both of which are hugely different.

[AakZaki]

Buying at 59k is a pretty good price for now, as BTC is still stable above 60k and the crash was unable to break the strong support at 62k.
but to buy in the area the price of 65-68k is too high. it is better to wait for the correction to occur again and see the supports that have been broken.
If you are a scalping trader, of course you will always get quick profits if you buy at support and sell at resistance.

[michellee]

I suggest you hold for a moment because the bitcoin price is seems will go up in the next weeks. But that is no guarantee for the price to still increase because the price can go to any high or low price. If you want to buy more bitcoin, you need to wait for a while until you see the big red candle coming back to the market so you can start to buy bitcoin.

People buy bitcoin at the rally because they want to make a profit by following the price moves. But if they do not have the skills to analyze, it will feel difficult to determine when the right time to buy bitcoin.

[joniboini]

Maybe you should ask yourself what's your goal in buying Bitcoin. If it's for long-term investment, and you don't have any plan to sell in the next 5 years or so, just keep buying and follow your plan. Sure, you probably can get a lot more later, but does it matter in the near future if your net profits are more than, say, 500%?

As others have said, if you're reluctant to buy at one price point or another, maybe you should look at swing trading, or use the rainbow chart to dictate when to buy (usually around the blue area).

[Ararbermas]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».


Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

if you want long term dont buy from the ATH because its not safe, always remember that afterwards there's always a correction of the price and because as well of FOMO., always keep in mind that crypto is like a roller-coaster.. so better to wait for the correction and if you see a strong support level and the price keep respecting it then its a sign to buy.. Must have risk management and discipline if you want to become successful when it comes investing in crypto currency..  Just keep learning because it's a big advantage..

[DarkDays]

Maybe you should ask yourself what's your goal in buying Bitcoin. If it's for long-term investment, and you don't have any plan to sell in the next 5 years or so, just keep buying and follow your plan.

The above is extremely relevant as it would help put you into one of the two categories; short or long term holder. Only long-term believers enter when they see an opportunity without thinking about the 10% ± they could have had, as in the end that difference will be insignificant.

With such a position it is not a question of when to buy but should be a question of how much to buy, right? Because the worst thing you can do is not be in the market at all.

[Botnake]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».


Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

if you want long term dont buy from the ATH because its not safe, always remember that afterwards there's always a correction of the price and because as well of FOMO., always keep in mind that crypto is like a roller-coaster.. so better to wait for the correction and if you see a strong support level and the price keep respecting it then its a sign to buy.. Must have risk management and discipline if you want to become successful when it comes investing in crypto currency..  Just keep learning because it's a big advantage..

Its always an edge if you can buy bitcoin at its dip price so you can have higher profits in the future. But never think that since you are seeing bitcoin price at the moment which is very expensive then you should not buy at all. Of course, this is still a good buying moment. You don't need to buy the whole coin, maybe a portion in it is already a good start to watch its value and see how far the price can go. Being a long term holder does not create big issues on bitcoin's volatility, as long as you are not selling your coins when the value is lower than the price you bought it, then you will never experience losses.

[jaberwock]

I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

You should not stop for any reason; you must continue and you will feel good when you see bitcoin prices hittinh $100k/200k levels. For most people what they do is to spread out their buying:  that means for a period like a week or a month they keep buying a particular amount and storing in their wallet, and as time goes on this amounts accumulate and the more cryptocurrencies they have the more their able to gain more profits in return. 

But, if you’re the type that is not in the position to be buying Bitcoin in a manner like this, you can just be looking for the right time to buy it and hold for the long term. I’m aware that you said that you are into long term holding, and that’s good . Right now I wouldn’t say that you should buy, since you already have some coins in your wallet, maybe it’s just best to have patience for some time. But I do believe that the market will still go up.

[martina14]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».


Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

In my own assessment, the price of bitcoin for the last month the price moved only in between 55000$ to 63000$ something. And now when November came in the price suddenly moved again in between 60, 000$ to 68000$, and there is a prediction also that before end of this month the price will turn into 90,000$ something, So I think, the price value so far still cheap in my own opinion.

[OrangeII]

In my opinion, it depends on what strategy you have. Personally, I might wait for the price to drop first, because when there is ATH, there will most likely be a correction like today. It would be great if you could target a price below $60k.
however, if you believe in the development of the bitcoin price, then entering at the current price is also not a problem. it will be very difficult to make a decision when you continue to see the price of bitcoin going up, especially when the price has actually crossed the $65k range. Many people have speculated that the bitcoin price will hit $100k in early 2022. having it at its current price isn't too bad. however, it all comes back to the strategy you made.

[GeorgeJohn]

Just responding to you through your topic sentence which actually called a headline, so come to my opinion, i think buying a cryptocurrencie or a particular cryptocurrency like bitcoin, what you have to do at first is to get the knowledge of how bitcoin is been stored or keep in wallet at first, because all this via knowing them will expand the knowledge of knowing when you can as well purchase bitcoin. So as a starter i will like you to buy when the price of coin is been depreciates in market value, so that by the end of the period of the investment they will be a profit. shall actually provided that you wants to invest via long time frame no amount you buy bitcoin you can't realize it in quantum's.

[traderethereum]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».
Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.
What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

In my own assessment, the price of bitcoin for the last month the price moved only in between 55000$ to 63000$ something. And now when November came in the price suddenly moved again in between 60, 000$ to 68000$, and there is a prediction also that before end of this month the price will turn into 90,000$ something, So I think, the price value so far still cheap in my own opinion.

Actually, if we watch bitcoin price movement, the price increase steadily although not jump directly so I think it is good for the price to reach every high price step by step.
But a few days ago, we saw the price jump from a lower price to a higher price and reach $68k-$69k but then, the price is back to the lower price.
And now, the price is at $64k, which is good to buy or you can wait for a while because the trend is down and maybe there will be another correction that can come tomorrow.
If you are okay with buying right now and consider buying more if the price still goes down, that will be a good decision as you can have more bitcoin.

[BuNga_cute]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».
Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.
What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

In my own assessment, the price of bitcoin for the last month the price moved only in between 55000$ to 63000$ something. And now when November came in the price suddenly moved again in between 60, 000$ to 68000$, and there is a prediction also that before end of this month the price will turn into 90,000$ something, So I think, the price value so far still cheap in my own opinion.

Actually, if we watch bitcoin price movement, the price increase steadily although not jump directly so I think it is good for the price to reach every high price step by step.
But a few days ago, we saw the price jump from a lower price to a higher price and reach $68k-$69k but then, the price is back to the lower price.
And now, the price is at $64k, which is good to buy or you can wait for a while because the trend is down and maybe there will be another correction that can come tomorrow.
If you are okay with buying right now and consider buying more if the price still goes down, that will be a good decision as you can have more bitcoin.

Buying Bitcoin now is quite good in my opinion, because it is likely that the price of Bitcoin will indeed rise again in the near future.
So I highly recommend buying at a price of $63k-$65k, or if we want it to be safer, we can buy Bitcoin in stages. That means don't use
all the capital we have to buy Bitcoin at the current price, we can buy using 50% of the capital we have. We can save the rest first in stable coins,
so as not to be affected by a volatile market. If it turns out that the price of Bitcoin is getting lower below the price of $63k, we can buy
more Bitcoin with the remaining capital we have. But my prediction is that Bitcoin will not drop below the $60k price, because the Bitcoin support
price is very strong at $60k.

[SquallLeonhart]

Buying Bitcoin now is quite good in my opinion, because it is likely that the price of Bitcoin will indeed rise again in the near future.
So I highly recommend buying at a price of $63k-$65k, or if we want it to be safer, we can buy Bitcoin in stages. That means don't use all the capital we have to buy Bitcoin at the current price, we can buy using 50% of the capital we have. We can save the rest first in stable coins, so as not to be affected by a volatile market. If it turns out that the price of Bitcoin is getting lower below the price of $63k, we can buy more Bitcoin with the remaining capital we have. But my prediction is that Bitcoin will not drop below the $60k price, because the Bitcoin support
price is very strong at $60k.

Buying bitcoin is always good, I know that it drops time to time but reality is that we should always be glad that it is here, I do not understand why people are worried about the price dropping all the time, it is something that will happen eventually, all you have to do is just let it be and it will recover from that. I have been in this world for a very long time now, I started closer to the very first day of it then today, so when I tell this there is a merit to it; BITCOIN WILL GO UP. I do not even mean now, I mean that no matter what price you buy it, if you wait long enough then you will profit and that's all you need to care about, nothing else.

[Lanatsa]

Buying Bitcoin now is quite good in my opinion, because it is likely that the price of Bitcoin will indeed rise again in the near future.
So I highly recommend buying at a price of $63k-$65k, or if we want it to be safer, we can buy Bitcoin in stages. That means don't use all the capital we have to buy Bitcoin at the current price, we can buy using 50% of the capital we have. We can save the rest first in stable coins, so as not to be affected by a volatile market. If it turns out that the price of Bitcoin is getting lower below the price of $63k, we can buy more Bitcoin with the remaining capital we have. But my prediction is that Bitcoin will not drop below the $60k price, because the Bitcoin support
price is very strong at $60k.

Buying bitcoin is always good, I know that it drops time to time but reality is that we should always be glad that it is here, I do not understand why people are worried about the price dropping all the time, it is something that will happen eventually, all you have to do is just let it be and it will recover from that. I have been in this world for a very long time now, I started closer to the very first day of it then today, so when I tell this there is a merit to it; BITCOIN WILL GO UP. I do not even mean now, I mean that no matter what price you buy it, if you wait long enough then you will profit and that's all you need to care about, nothing else.

Yeah its always good but you should mind off about the risk because this is something that do need up some consideration because there's still some risk on such decision you would make.

Even though it is flying out with colors but doesn't mean that it would really guarantee out on the upcoming future years to come.
No one knows on what future holds.

IF you do believe Bitcoin that much then its your choice but don't go all in in regards on this one.

[traderethereum]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».
Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.
What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

In my own assessment, the price of bitcoin for the last month the price moved only in between 55000$ to 63000$ something. And now when November came in the price suddenly moved again in between 60, 000$ to 68000$, and there is a prediction also that before end of this month the price will turn into 90,000$ something, So I think, the price value so far still cheap in my own opinion.

Actually, if we watch bitcoin price movement, the price increase steadily although not jump directly so I think it is good for the price to reach every high price step by step.
But a few days ago, we saw the price jump from a lower price to a higher price and reach $68k-$69k but then, the price is back to the lower price.
And now, the price is at $64k, which is good to buy or you can wait for a while because the trend is down and maybe there will be another correction that can come tomorrow.
If you are okay with buying right now and consider buying more if the price still goes down, that will be a good decision as you can have more bitcoin.

Buying Bitcoin now is quite good in my opinion, because it is likely that the price of Bitcoin will indeed rise again in the near future.
So I highly recommend buying at a price of $63k-$65k, or if we want it to be safer, we can buy Bitcoin in stages. That means don't use
all the capital we have to buy Bitcoin at the current price, we can buy using 50% of the capital we have. We can save the rest first in stable coins,
so as not to be affected by a volatile market. If it turns out that the price of Bitcoin is getting lower below the price of $63k, we can buy
more Bitcoin with the remaining capital we have. But my prediction is that Bitcoin will not drop below the $60k price, because the Bitcoin support
price is very strong at $60k.

Yes, it is a good decision to buy bitcoin now but they do not have to buy at once because the price is still too volatile and can drop anytime.
They need to diversify their order buy too many low prices so they can get bitcoin at various low prices and if they can do that, they can do swing trading besides long term trading because that can give them a chance to make a profit in a short time.
I always suggested buying bitcoin in stages because that can reduce our panic when the price is down and we can get more amount at a low price.
Hopefully, $60k will be the support price to hold, not going down for more.

[Hippocrypto]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».
Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.
What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

In my own assessment, the price of bitcoin for the last month the price moved only in between 55000$ to 63000$ something. And now when November came in the price suddenly moved again in between 60, 000$ to 68000$, and there is a prediction also that before end of this month the price will turn into 90,000$ something, So I think, the price value so far still cheap in my own opinion.

Actually, if we watch bitcoin price movement, the price increase steadily although not jump directly so I think it is good for the price to reach every high price step by step.
But a few days ago, we saw the price jump from a lower price to a higher price and reach $68k-$69k but then, the price is back to the lower price.
And now, the price is at $64k, which is good to buy or you can wait for a while because the trend is down and maybe there will be another correction that can come tomorrow.
If you are okay with buying right now and consider buying more if the price still goes down, that will be a good decision as you can have more bitcoin.

Buying Bitcoin now is quite good in my opinion, because it is likely that the price of Bitcoin will indeed rise again in the near future.
So I highly recommend buying at a price of $63k-$65k, or if we want it to be safer, we can buy Bitcoin in stages. That means don't use
all the capital we have to buy Bitcoin at the current price, we can buy using 50% of the capital we have. We can save the rest first in stable coins,
so as not to be affected by a volatile market. If it turns out that the price of Bitcoin is getting lower below the price of $63k, we can buy
more Bitcoin with the remaining capital we have. But my prediction is that Bitcoin will not drop below the $60k price, because the Bitcoin support
price is very strong at $60k.

Yes, it is a good decision to buy bitcoin now but they do not have to buy at once because the price is still too volatile and can drop anytime.
They need to diversify their order buy too many low prices so they can get bitcoin at various low prices and if they can do that, they can do swing trading besides long term trading because that can give them a chance to make a profit in a short time.
I always suggested buying bitcoin in stages because that can reduce our panic when the price is down and we can get more amount at a low price.
Hopefully, $60k will be the support price to hold, not going down for more.

Indeed. Make sure if you'll going to buy, buy it during dip and sell if when prices pump. Buying Bitcoin now is quite good in my opinion, because it is likely that the price of Bitcoin will indeed rise again in the near future. But, you should mind off about the risk because this is something that do need up some consideration because there's still some risk on such decision you would make.

[danherbias07]

You are looking in 1 Bitcoin over 21 million of it or right now I think 18m in circulation. You might want to look at the other side of it by satoshis.
Waiting might get you in trouble of missing out on the boat and then regretting it in the long run. I think most users here do feel that and some even made a thread about it.
Now, if you really know where the market will flow, you can wait. If you think the price will still move down at a substantial amount then go wait for it.
But if you don't have any idea about it then just buy and let the future decide where it will go which IMO will go north.

[Mpamaegbu]

What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

I know, a lot of people have opined that it doesn't really matter what price you're buying provided you're in it for the long haul. However, nothing says you can't wait and get in at a better entry which should be a lower price compared to what it's at the moment to get more value. For me, I think you should wait for dump to the $57k-58k region to buy in. Don't doubt, Bitcoin is likely to get there to retest that region before pushing up to a new ATH. In the crypto industry, patience is a virtue.

[Eureka_07]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».


Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

My last buy of bitcoin was when it is at the price of $50k, after that I didn't buy any single bitcoin.
My plan is to purchase more when the price is less than $50k.

Seems like you'll be fine, goodluck on trading

[savetheFORUM]

I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

What makes you to stop right now from buying bitcoin because there are lots of speculations about getting into $80k to $95k price levels in coming months hence when considering such big price price levels, you must keep on buying as per your initial plans because that alone will get you best of doing DCA.

For averaging your buying price levels, no prices are high or low to keep on buying. The main purpose of DCA is, not missing out dips compared to future prices. So, you need to keep on buying regularly so that you could enjoy big profits when bitcoin attains its final ATH.

[fullhdpixel]

For averaging your buying price levels, no prices are high or low to keep on buying. The main purpose of DCA is, not missing out dips compared to future prices. So, you need to keep on buying regularly so that you could enjoy big profits when bitcoin attains its final ATH.

I agree stopping in the middle will definitely ruin the purpose of doing dollar cost averaging. Practically you will be feeling good when you are buying at lower than your previous buy levels and at the same time when you keep on buying and you happen to buy at higher than your previous buy levels then you may not feel good which is the reason some people are having small pause in their DCA plans.

If you are not comfortable with your regular buying then you may save money with the expectation of dips to happen. Sometimes your wait might last infinitely which is the reason regular buying without comparing price levels is highly recommended as that alone will serve the purpose of the DCA.

[Issa56]

From my believe I think Bitcoin is still very cheap of you are holding for long term, if you are holding for long term you don't have to be scared of buying bitcon you don't have to be scared of drop in price that's happening currently just buy and hold but if you are short trader you have to study the chart carefully.

[sheenshane]

What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

Yeah, have a great day same as you.
First, there's no point in waiting, you can invest any time you want but with this bullish trend, I suggest not to invest all your money, only the amount that you can afford.  Because we don't know what will happen next, Bitcoin price could be reached at $100k within this year or next year, so nobody knows when it will exactly happen, and if you invested at $65k and when next month Bitcoin price reaches $100k, for sure there's your profit in that way.  Just buy what you can afford because nobody can answer your question since it's unpredictable the price.

There's a lot of people still buying at this point and most of them are hoarding Bitcoin.  If you always doubt the price that it will drop and see the market that we are again in the bullish trend, it's hard for you to jump in.  Invest at your own risk.

[Vaculin]

What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

Yeah, have a great day same as you.
First, there's no point in waiting, you can invest any time you want but with this bullish trend, I suggest not to invest all your money, only the amount that you can afford.  Because we don't know what will happen next, Bitcoin price could be reached at $100k within this year or next year, so nobody knows when it will exactly happen, and if you invested at $65k and when next month Bitcoin price reaches $100k, for sure there's your profit in that way.  Just buy what you can afford because nobody can answer your question since it's unpredictable the price.

There's a lot of people still buying at this point and most of them are hoarding Bitcoin.  If you always doubt the price that it will drop and see the market that we are again in the bullish trend, it's hard for you to jump in.  Invest at your own risk.

It's always your own choice actually whether you take the risk buying at its peak or maybe wait for a while because certainly, there will be an incoming price correction whether we like it or not. For me, knowing bitcoin price will keep on moving upward despite of the price correction, if you really have the budget then why not? If you don't want to miss opportunities like this, then go for it, but you should know how to deal its high risk. But if you are quite hesitant with its current price, then you can also wait for a price correction to appear so that the price will dump a little and you can make a big purchase that will eventually give you massive profits in time.

[worle1bm]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».


Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

I am just holding my coins at this time from the past investment and just have bought some at $60k also few time back but not having any extra funds to put them at this time into Bitcoin.But you have made good decision of investing through DCA which will help you to gain more profits but you should continue your journey with these prices also because soon we are going above this and you will be in benefits if you hold them for long term.So continue with small amounts if you can and don't doubt btc as it will recover and give you profits.

[GeorgeJohn]

From my believe I think Bitcoin is still very cheap of you are holding for long term, if you are holding for long term you don't have to be scared of buying bitcon you don't have to be scared of drop in price that's happening currently just buy and hold but if you are short trader you have to study the chart carefully.

you are right because bitcoin now hour days don't have any important lost lost if you buy and keep for long time, the only people i can say very well that can get lost in bitcoin investment is people that buy and refused to hold for long term period, if you sell when the price is fluctuating is obvious that you will automatically lose, pure investors don't invest large quantities of finance into bitcoin knowing that they are not going lose actually, they is hope bitcoin investors.

[TheGreatPython]

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».

What people here ate suggesting must be the best one to everyone and to be followed. Because, we cannot be sure about how long the current ATH will persist. Definitely it will get broken and bitcoin market will set another new ATH at any time in near future. So in order to to keep covering the upcoming bull run you must need to keep on buying at regular intervals rather than hesitating to buy around the current ATH.

DCA is a practice which will help you to build your portfolio to be good only in long run. And in short run, DCA may not look like a profitable one as you need to keep buying rather than figuring out a bottom prices to buy. DCA is a best one for the people who are not into technical analysis.

[Kelvinid]

Being wise when it comes to investing is very important. if we aim high, why not be able to wait until the market is in correction, that I know it won't take too long to wait. To buy during the uptrend motion is not that ideal and a risk-taking move. Patience is the most common probably, and this is also the reason why many were in suffering losses than getting a profit.

So I would advise you to control your emotion. Though we can't find a perfect timing when to buy but much better to do this when bearish or just even have short corrections.

[lienfaye]

The current price is quite expensive already for me to buy, so for now I just keep holding and waiting for a correction before making a decision.

But each of us has different preferences, some of us (like me) decided to wait for a perfect time to buy while some continue to accumulate since they're not aiming for a short term profit. Because if you plan to hold for long period you can buy anytime since we dont know whats going to be the price in the near future. The price can double or triple who knows, its not a guarantee but there's a possibility. Thus the decision depends on how long you plan to hold.

[traderethereum]

Deep correction gives us the best time to buy more amount because bitcoin drops to $61k, which we do not know when the price back increases again.
Hopefully, this week, the price can increase and although the price can not go back to $65k this week, the price will still have a chance to increase more in the future.
If you want to buy now, you should not buy instant because you need to anticipate if the price goes down to buy back more amount at a low price.
Be careful and always analyze before you buy because that is the way to buy at a low price.

[Wexnident]

If you're planning on hodling, just keep buying! No price is too high when you're doing DCA and hodling it. Stop looking at what it is right now, but rather what it could be, that's the core of what hodling is. You don't look at it right now, you leave it, wait, then pick it up when it's at the top. If you're scared of investing just because it reached $59k then you might as well do shorting instead of hodling really. Sure you might want to adjust your buy ins at dips but then again, looking at it in the long term, most of what we see right now would be dips compared to its future price.

[Mauser]

What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

At the moment I am not buying any bitcoins anymore, this is not due to the high price we have right now but rather due to some issues in real life that makes it very hard to spend any money right now. In our house we discovered some problems with the roof and need to completely renovate it. The costs look extremely high, we will need to take out a loan. That is why I am saving every penny I have right now for the repairs.
If I had money to spend I would still be buying bitcoins at the current prices. While the levels at the moment seem high, once we reach 100,000 USD we could feel bad again for not buying. The best strategy for buying bitcoins at these levels is to spread out your money and divide for different month. You could be buying bitcoins every two weeks for the next few month and get a better average price due to the fluctuations.

[South Park]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».


Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

Everything depends on what you want to become, if you are really interested in bitcoin not only as a way to produce some profits for yourself and you believe in the long term potential it has to change the world, then it is a good idea to buy whenever you have some money available like at the end of each month and do this constantly regardless of the price, now if the most important thing for you is to accumulate profits then I think this could be a good opportunity to buy bitcoin as it is trading currently at 60k which is near the point at which you stopped buying.

[Cling18]

It's better if you'll set a target goal before you invest so you'll have a specific target price to sell. Sometimes, being unspecific could lead you to wrong decision making which is usually caused by too much greed. Your decision must rely on the profit that you want to gain and on the level of patience that you could have upon waiting.

[Reid]

If you are still reading here, then this should be the best entry point. That's in my opinion. It's still up to you at the end of the day.
You will be at $5k cheaper now from the last time you created this and then you could just leave it at peace and go long term.
I have been asked by some friends with the same question if it is still cheap or expensive. I say it is cheap when you look at how much Bitcoin is left then ratio it down with how many people are holding it now and it's growing.

[otundebis]

Financial advise is hard to give because there are so many factors that may affect price of bitcoin in any directions. I have over the years realized that long term approach to holding and buying bitcoin pays off than looking at Short term profit. I will advise you buy bitcoin based on your projection of it's price over the next 10 years!

[Finestream]

It's better if you'll set a target goal before you invest so you'll have a specific target price to sell. Sometimes, being unspecific could lead you to wrong decision making which is usually caused by too much greed. Your decision must rely on the profit that you want to gain and on the level of patience that you could have upon waiting.

Set a good plan first before you decide to invest in crypto, its best entry and best exit so you won't be closing your entry with regrets. Some investors only ride with the FOMO thinking that it could be the best entry, and yet they all end up losing their funds. So its best if we can set a target price when to buy and sell so we will be guided all throughout our investment process.

However, i can see that most of the coins at this moment is dumping. Maybe there is an ongoing price correction. I suggest to start eyeing at bitcoin today because its price is already cheaper than before. Bitcoin is now at $59,919 and its definitely a good buy with its current price.

[BuNga_cute]

Actually, if we watch bitcoin price movement, the price increase steadily although not jump directly so I think it is good for the price to reach every high price step by step.
But a few days ago, we saw the price jump from a lower price to a higher price and reach $68k-$69k but then, the price is back to the lower price.
And now, the price is at $64k, which is good to buy or you can wait for a while because the trend is down and maybe there will be another correction that can come tomorrow.
If you are okay with buying right now and consider buying more if the price still goes down, that will be a good decision as you can have more bitcoin.

Buying Bitcoin now is quite good in my opinion, because it is likely that the price of Bitcoin will indeed rise again in the near future.
So I highly recommend buying at a price of $63k-$65k, or if we want it to be safer, we can buy Bitcoin in stages. That means don't use
all the capital we have to buy Bitcoin at the current price, we can buy using 50% of the capital we have. We can save the rest first in stable coins,
so as not to be affected by a volatile market. If it turns out that the price of Bitcoin is getting lower below the price of $63k, we can buy
more Bitcoin with the remaining capital we have. But my prediction is that Bitcoin will not drop below the $60k price, because the Bitcoin support
price is very strong at $60k.

Yes, it is a good decision to buy bitcoin now but they do not have to buy at once because the price is still too volatile and can drop anytime.
They need to diversify their order buy too many low prices so they can get bitcoin at various low prices and if they can do that, they can do swing trading besides long term trading because that can give them a chance to make a profit in a short time.
I always suggested buying bitcoin in stages because that can reduce our panic when the price is down and we can get more amount at a low price.
Hopefully, $60k will be the support price to hold, not going down for more.

It seems that my decision to buy Bitcoin gradually is very right, the price of Bitcoin is getting lower right now. At least this doesn't make me panic,
because I can buy more Bitcoin at a lower price. But quite unexpectedly Bitcoin finally dropped below $60k, this is not a good thing, because some
investors will panic to see the price of Bitcoin drop too deep. I hope Bitcoin doesn't stay below $60k for too long, and could be back above the $60k
price again in a few days. I'm sure a lot of whales will start buying Bitcoin at the current price, because the price of Bitcoin is now quite low, if true
a lot of whales are buying Bitcoin now, of course Bitcoin price will recover soon and return to above $60k price and is expected to slowly return to
ATH price again. So if we still have extra money, we can start buying Bitcoin again, otherwise we have to be patient and don't rush to cut losses.

[Quidat]

It's better if you'll set a target goal before you invest so you'll have a specific target price to sell. Sometimes, being unspecific could lead you to wrong decision making which is usually caused by too much greed. Your decision must rely on the profit that you want to gain and on the level of patience that you could have upon waiting.

Set a good plan first before you decide to invest in crypto, its best entry and best exit so you won't be closing your entry with regrets. Some investors only ride with the FOMO thinking that it could be the best entry, and yet they all end up losing their funds. So its best if we can set a target price when to buy and sell so we will be guided all throughout our investment process.

However, i can see that most of the coins at this moment is dumping. Maybe there is an ongoing price correction. I suggest to start eyeing at bitcoin today because its price is already cheaper than before. Bitcoin is now at $59,919 and its definitely a good buy with its current price.

Easy to say but when you are on the actual situation then this is something a really very hard to be done because you would always be looking for the possible bottom to maximize out possible profits when market tends to make out some recovery which its normal that you would really make out those profits since you had risked out to buyback when the market is on deep reds.

[Oceat]

It's better if you'll set a target goal before you invest so you'll have a specific target price to sell. Sometimes, being unspecific could lead you to wrong decision making which is usually caused by too much greed. Your decision must rely on the profit that you want to gain and on the level of patience that you could have upon waiting.

Set a good plan first before you decide to invest in crypto, its best entry and best exit so you won't be closing your entry with regrets. Some investors only ride with the FOMO thinking that it could be the best entry, and yet they all end up losing their funds. So its best if we can set a target price when to buy and sell so we will be guided all throughout our investment process.

However, i can see that most of the coins at this moment is dumping. Maybe there is an ongoing price correction. I suggest to start eyeing at bitcoin today because its price is already cheaper than before. Bitcoin is now at $59,919 and its definitely a good buy with its current price.

Easy to say but when you are on the actual situation then this is something a really very hard to be done because you would always be looking for the possible bottom to maximize out possible profits when market tends to make out some recovery which its normal that you would really make out those profits since you had risked out to buyback when the market is on deep reds.

People that goes dumping is such a weak-hands that cannot hodl their Bitcoin everytime if there's a correction or a red line. They were supposed to be buying back to accumulate again and make another plan on how to trade it for profit. And a trader should always look on the market status whether it's time to dump or time to hodl.

IMO actuality may vary to each every single traders even if the have the right plans to do it but once you cannot control your emotion, you are most likely to do the regretful decision. Anyway, now's the time buy I'm sure, since speculators are expecting a pump after this few corrections.

[24Kt]

It's better if you'll set a target goal before you invest so you'll have a specific target price to sell. Sometimes, being unspecific could lead you to wrong decision making which is usually caused by too much greed. Your decision must rely on the profit that you want to gain and on the level of patience that you could have upon waiting.

Set a good plan first before you decide to invest in crypto, its best entry and best exit so you won't be closing your entry with regrets. Some investors only ride with the FOMO thinking that it could be the best entry, and yet they all end up losing their funds. So its best if we can set a target price when to buy and sell so we will be guided all throughout our investment process.

However, i can see that most of the coins at this moment is dumping. Maybe there is an ongoing price correction. I suggest to start eyeing at bitcoin today because its price is already cheaper than before. Bitcoin is now at $59,919 and its definitely a good buy with its current price.

Easy to say but when you are on the actual situation then this is something a really very hard to be done because you would always be looking for the possible bottom to maximize out possible profits when market tends to make out some recovery which its normal that you would really make out those profits since you had risked out to buyback when the market is on deep reds.

People that goes dumping is such a weak-hands that cannot hodl their Bitcoin everytime if there's a correction or a red line. They were supposed to be buying back to accumulate again and make another plan on how to trade it for profit. And a trader should always look on the market status whether it's time to dump or time to hodl.

IMO actuality may vary to each every single traders even if the have the right plans to do it but once you cannot control your emotion, you are most likely to do the regretful decision. Anyway, now's the time buy I'm sure, since speculators are expecting a pump after this few corrections.

You can't blame some traders as not all of us can hold long time. Some are cashing out for their necessary expenses. And as much as possible, they want to sell it not at a loss. But if you are very capable of holding, then you are one of the lucky ones in this market. Because like for example the OP, if he truly believes the capability of bitcoin based on his studies, then, accumulating more is one option to increase his portfolio. And by the way, when he wrote this, I don't think he's thinking that btc will go down to 59-60k this week. So don't know if he's buying now that it is going down.

[dunfida]

It's better if you'll set a target goal before you invest so you'll have a specific target price to sell. Sometimes, being unspecific could lead you to wrong decision making which is usually caused by too much greed. Your decision must rely on the profit that you want to gain and on the level of patience that you could have upon waiting.

Set a good plan first before you decide to invest in crypto, its best entry and best exit so you won't be closing your entry with regrets. Some investors only ride with the FOMO thinking that it could be the best entry, and yet they all end up losing their funds. So its best if we can set a target price when to buy and sell so we will be guided all throughout our investment process.

However, i can see that most of the coins at this moment is dumping. Maybe there is an ongoing price correction. I suggest to start eyeing at bitcoin today because its price is already cheaper than before. Bitcoin is now at $59,919 and its definitely a good buy with its current price.

Easy to say but when you are on the actual situation then this is something a really very hard to be done because you would always be looking for the possible bottom to maximize out possible profits when market tends to make out some recovery which its normal that you would really make out those profits since you had risked out to buyback when the market is on deep reds.

People that goes dumping is such a weak-hands that cannot hodl their Bitcoin everytime if there's a correction or a red line. They were supposed to be buying back to accumulate again and make another plan on how to trade it for profit. And a trader should always look on the market status whether it's time to dump or time to hodl.

IMO actuality may vary to each every single traders even if the have the right plans to do it but once you cannot control your emotion, you are most likely to do the regretful decision. Anyway, now's the time buy I'm sure, since speculators are expecting a pump after this few corrections.

You can't blame some traders as not all of us can hold long time. Some are cashing out for their necessary expenses. And as much as possible, they want to sell it not at a loss. But if you are very capable of holding, then you are one of the lucky ones in this market. Because like for example the OP, if he truly believes the capability of bitcoin based on his studies, then, accumulating more is one option to increase his portfolio. And by the way, when he wrote this, I don't think he's thinking that btc will go down to 59-60k this week. So don't know if he's buying now that it is going down.

Not all does have  the patience on holding for too long and its true that there are lots of factors that could really affect when we are holding
specially when we are seeing a dropping or crashing market or even into those FOMO times where seeing huge price increase spike.

So decisions will vary depending into your goal and targets into your trading and it wont really be similar most of the time.

Buy when you do see its cheap but dont expect that it would be precise from time to time.

[Oceat]

It's better if you'll set a target goal before you invest so you'll have a specific target price to sell. Sometimes, being unspecific could lead you to wrong decision making which is usually caused by too much greed. Your decision must rely on the profit that you want to gain and on the level of patience that you could have upon waiting.

Set a good plan first before you decide to invest in crypto, its best entry and best exit so you won't be closing your entry with regrets. Some investors only ride with the FOMO thinking that it could be the best entry, and yet they all end up losing their funds. So its best if we can set a target price when to buy and sell so we will be guided all throughout our investment process.

However, i can see that most of the coins at this moment is dumping. Maybe there is an ongoing price correction. I suggest to start eyeing at bitcoin today because its price is already cheaper than before. Bitcoin is now at $59,919 and its definitely a good buy with its current price.

Easy to say but when you are on the actual situation then this is something a really very hard to be done because you would always be looking for the possible bottom to maximize out possible profits when market tends to make out some recovery which its normal that you would really make out those profits since you had risked out to buyback when the market is on deep reds.

People that goes dumping is such a weak-hands that cannot hodl their Bitcoin everytime if there's a correction or a red line. They were supposed to be buying back to accumulate again and make another plan on how to trade it for profit. And a trader should always look on the market status whether it's time to dump or time to hodl.

IMO actuality may vary to each every single traders even if the have the right plans to do it but once you cannot control your emotion, you are most likely to do the regretful decision. Anyway, now's the time buy I'm sure, since speculators are expecting a pump after this few corrections.

You can't blame some traders as not all of us can hold long time. Some are cashing out for their necessary expenses. And as much as possible, they want to sell it not at a loss. But if you are very capable of holding, then you are one of the lucky ones in this market. Because like for example the OP, if he truly believes the capability of bitcoin based on his studies, then, accumulating more is one option to increase his portfolio. And by the way, when he wrote this, I don't think he's thinking that btc will go down to 59-60k this week. So don't know if he's buying now that it is going down.

Not all does have  the patience on holding for too long and its true that there are lots of factors that could really affect when we are holding
specially when we are seeing a dropping or crashing market or even into those FOMO times where seeing huge price increase spike.

So decisions will vary depending into your goal and targets into your trading and it wont really be similar most of the time.

Buy when you do see its cheap but dont expect that it would be precise from time to time.

I am not blaming them rather I'm just stating some facts since not everyone has the patience to wait and hodl. It's their decision so it's their loss if they don't get a profit but I guess someone would sell right now won't be suffering a great losses but instead gaining some profit but not that great but it's still a profit. I guess this is not their first time to see a market going red for just a few days if they were truly a day traders. I'm sure the ones who cashing out are the ones that doesn't trade a lot and is just holding for a long time or they were just in need of the money that's why they did it.

It makes no sense if someone holding for too long suddenly dump when the price started to drop.

[traderethereum]

Actually, if we watch bitcoin price movement, the price increase steadily although not jump directly so I think it is good for the price to reach every high price step by step.
But a few days ago, we saw the price jump from a lower price to a higher price and reach $68k-$69k but then, the price is back to the lower price.
And now, the price is at $64k, which is good to buy or you can wait for a while because the trend is down and maybe there will be another correction that can come tomorrow.
If you are okay with buying right now and consider buying more if the price still goes down, that will be a good decision as you can have more bitcoin.

Buying Bitcoin now is quite good in my opinion, because it is likely that the price of Bitcoin will indeed rise again in the near future.
So I highly recommend buying at a price of $63k-$65k, or if we want it to be safer, we can buy Bitcoin in stages. That means don't use
all the capital we have to buy Bitcoin at the current price, we can buy using 50% of the capital we have. We can save the rest first in stable coins,
so as not to be affected by a volatile market. If it turns out that the price of Bitcoin is getting lower below the price of $63k, we can buy
more Bitcoin with the remaining capital we have. But my prediction is that Bitcoin will not drop below the $60k price, because the Bitcoin support
price is very strong at $60k.

Yes, it is a good decision to buy bitcoin now but they do not have to buy at once because the price is still too volatile and can drop anytime.
They need to diversify their order buy too many low prices so they can get bitcoin at various low prices and if they can do that, they can do swing trading besides long term trading because that can give them a chance to make a profit in a short time.
I always suggested buying bitcoin in stages because that can reduce our panic when the price is down and we can get more amount at a low price.
Hopefully, $60k will be the support price to hold, not going down for more.

It seems that my decision to buy Bitcoin gradually is very right, the price of Bitcoin is getting lower right now. At least this doesn't make me panic,
because I can buy more Bitcoin at a lower price. But quite unexpectedly Bitcoin finally dropped below $60k, this is not a good thing, because some
investors will panic to see the price of Bitcoin drop too deep. I hope Bitcoin doesn't stay below $60k for too long, and could be back above the $60k
price again in a few days. I'm sure a lot of whales will start buying Bitcoin at the current price, because the price of Bitcoin is now quite low, if true
a lot of whales are buying Bitcoin now, of course Bitcoin price will recover soon and return to above $60k price and is expected to slowly return to
ATH price again. So if we still have extra money, we can start buying Bitcoin again, otherwise we have to be patient and don't rush to cut losses.

That is very good if you buy bitcoin gradually, especially now as we know that bitcoin price is still at a low price and gives us a chance to buy bitcoin now.
If you still have more funds which you prepared before, you will get another chance to buy bitcoin if the price is down for more but hopefully, the price will not be below $60k as this price seems to be the support to hold the price not to go down for more.
Bitcoin price will be back above $60k in the next few days and we could only be patient and stay calm following the price movements.
The whales use this chance to accumulate more and more bitcoin because they have a lot of money ready to buy bitcoin at any lower price.

[Jontokhan65]

What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

I was waiting for the bitcoin dump. And buying the current 59k bitcoin. Because Bitcoin has been pumping a lot for a long time then if I had bought Bitcoin there would have been a possibility of loss but now Bitcoin is dumping a bit so I would say there is a possibility of some profit if you buy Bitcoin now.

[kotajikikox]

What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

Week after ? the price went down below 60k , so meaning if you managed to wait a little then you can buy at discounted price now.

https://coinmarketcap.com/

the price even drop to 58k today this means you are in good investment startups today.

[palle11]

I will advise you buy bitcoin based on your projection of it's price over the next 10 years!

You know many people who fear to invest in bitcoin do  so because they are thinking that the price has gone very high per one and that it won't rise again abovr such and they want to look away but the price does better each time it starts for bull and going above last ATH and creating a new status. This shows that bitcoin is just in starting point and has yet started to increase. Things are different now, the level of education and adoption is not the same in 2017 and this is why that the price will keep going up the way I feel

[Taskford]

I will advise you buy bitcoin based on your projection of it's price over the next 10 years!

You know many people who fear to invest in bitcoin do  so because they are thinking that the price has gone very high per one and that it won't rise again abovr such and they want to look away but the price does better each time it starts for bull and going above last ATH and creating a new status. This shows that bitcoin is just in starting point and has yet started to increase. Things are different now, the level of education and adoption is not the same in 2017 and this is why that the price will keep going up the way I feel

Knowing the mainstream media articulate always the risk of crypto rather than giving some good news on it for sure people will think about negative when it comes on bitcoin or crypto. But for sure once they see many people change their lives due to their risk taking on crypto for sure those who doubt will go with it. Although they will face failures but once they learn about this they provably recruit and make their friends use bitcoin to.

[dbc23]

What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

Bitcoin investment is strictly for holders and not just for profit mongers. To get the best out of Bitcoin investment is to hold even in the dip. I am still buying and will keep buying irrespective of the market price or how bullish or bearish the market appears. For now it's still a good time to buy more

[el kaka22]

Knowing the mainstream media articulate always the risk of crypto rather than giving some good news on it for sure people will think about negative when it comes on bitcoin or crypto. But for sure once they see many people change their lives due to their risk taking on crypto for sure those who doubt will go with it. Although they will face failures but once they learn about this they provably recruit and make their friends use bitcoin to.

Fortunately there is a good news that bitcoin is seen as a good thing in the recent years. Maybe 5 years ago or before there were bad news and they talked about how it was "money used by drug dealers" and so forth, it was always seen as bad thing and used by bad people.

However, with more and more professional people getting in the crypto world we are talking about crypto a lot more in good light. This is why I believe that we are in a situation where we are getting more and more news that are good about bitcoin.

One thing that is not entirely sure about is the "green" part of it, because it is using a lot of energy to mine bitcoin and that makes things a lot trouble for us, I am not entirely sure if that would be a big problem for us in the long run but that is the only bad thing talked about bitcoin world. Not sure what we could do to change that, proof of stake could change that but could be risky on security part as well.

[lixer]

To get the best out of Bitcoin investment is to hold even in the dip. I am still buying and will keep buying irrespective of the market price or how bullish or bearish the market appears. For now it's still a good time to buy more

Yes, the current market situation must be very good option for all regular buyers because they could enjoy some big discounts right now. If you are into DCA you then you should keep on buying regardless of whether market is into bullish trend or bearish trend but it seems OP is not doing as per the requirement of DCA then I guess he will not be able to enjoy the benefits of doing DCA.

with more and more professional people getting in the crypto world we are talking about crypto a lot more in good light.

When all existing bitcoiners are inviting their friends/colleagues/neighbors then we can expect exponential growth of bitcoin value. I am sure this is what exactly going to happen because people are expecting bitcoin to be valuing around 1 billion dollars in next 40 to 60 years.

[Silberman]

I will advise you buy bitcoin based on your projection of it's price over the next 10 years!

You know many people who fear to invest in bitcoin do  so because they are thinking that the price has gone very high per one and that it won't rise again abovr such and they want to look away but the price does better each time it starts for bull and going above last ATH and creating a new status. This shows that bitcoin is just in starting point and has yet started to increase. Things are different now, the level of education and adoption is not the same in 2017 and this is why that the price will keep going up the way I feel

What happens is that those people are only thinking about the short term and not about the long term potential of bitcoin, however I think it is better for those people to not come to this market, after all we may be thinking about all the profits they are missing, but I think people with that kind of mentality do not have what is necessary to keep holding their coins when adverse conditions come to the market, so it is better for those people to invest in other markets that are less volatile but that do not have the same long term potential.

[Beparanf]

What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

Bitcoin investment is strictly for holders and not just for profit mongers. To get the best out of Bitcoin investment is to hold even in the dip. I am still buying and will keep buying irrespective of the market price or how bullish or bearish the market appears. For now it's still a good time to buy more

It’s not just for holders, though it is safer to hold and less risky as we know that price of bitcoin is really able to grow in price as time pass by but traders, those who already have enough experience in day trading can still be able to earn even the market dumps. It will be a matter of who will take advantage of buying and selling in a certain time. Good for those who are able to hold their BTC for long it’s a sure profit. But to those who will just starting don’t be discouraged as long as you know you can hold or trade profit is still possible just keep updated.

[sana54210]

Bitcoin investment is strictly for holders and not just for profit mongers. To get the best out of Bitcoin investment is to hold even in the dip. I am still buying and will keep buying irrespective of the market price or how bullish or bearish the market appears. For now it's still a good time to buy more

It’s not just for holders, though it is safer to hold and less risky as we know that price of bitcoin is really able to grow in price as time pass by but traders, those who already have enough experience in day trading can still be able to earn even the market dumps. It will be a matter of who will take advantage of buying and selling in a certain time. Good for those who are able to hold their BTC for long it’s a sure profit. But to those who will just starting don’t be discouraged as long as you know you can hold or trade profit is still possible just keep updated.

Those traders who take advantage of the drops are usually the ones who do shorting or use stop loss very well. I am not one of those people but I have met with a lot of them over the years and I have to say that they are rare. I have been in crypto for many years now and I have met with a lot of people and only a few are capable of profiting even when it is going down.

The key is not to profit when it is going down, but to position yourself correctly when it is already down. Many people who got rich with crypto that I have met didn't profit when it was going down, but they all bought as much as they can when it was already down. That way they profited very quickly when it's up, and profited heavily when it ATH's.

[kawetsriyanto]

What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

The price of BTC is decreasing enough because of some news lately.
And I think that this is also a good time to buy some. But I will prefer to suggest you buy based on steps, not all in one rate of BTC itself. You may set a target price of some BTC rates, and the lower buy is around $55k.
Btw, what is your goal? Long-term or short-term investment of Bitcoin itself?

But, if you are a daily trader, I think that there is no certain good time to buy or sell. You can set a price and then make a set of price goals to buy and sell the coin itself. But of course, it may be riskier.

[BuNga_cute]

~

~

Yes, it is a good decision to buy bitcoin now but they do not have to buy at once because the price is still too volatile and can drop anytime.
They need to diversify their order buy too many low prices so they can get bitcoin at various low prices and if they can do that, they can do swing trading besides long term trading because that can give them a chance to make a profit in a short time.
I always suggested buying bitcoin in stages because that can reduce our panic when the price is down and we can get more amount at a low price.
Hopefully, $60k will be the support price to hold, not going down for more.

It seems that my decision to buy Bitcoin gradually is very right, the price of Bitcoin is getting lower right now. At least this doesn't make me panic,
because I can buy more Bitcoin at a lower price. But quite unexpectedly Bitcoin finally dropped below $60k, this is not a good thing, because some
investors will panic to see the price of Bitcoin drop too deep. I hope Bitcoin doesn't stay below $60k for too long, and could be back above the $60k
price again in a few days. I'm sure a lot of whales will start buying Bitcoin at the current price, because the price of Bitcoin is now quite low, if true
a lot of whales are buying Bitcoin now, of course Bitcoin price will recover soon and return to above $60k price and is expected to slowly return to
ATH price again. So if we still have extra money, we can start buying Bitcoin again, otherwise we have to be patient and don't rush to cut losses.

That is very good if you buy bitcoin gradually, especially now as we know that bitcoin price is still at a low price and gives us a chance to buy bitcoin now.
If you still have more funds which you prepared before, you will get another chance to buy bitcoin if the price is down for more but hopefully, the price will not be below $60k as this price seems to be the support to hold the price not to go down for more.
Bitcoin price will be back above $60k in the next few days and we could only be patient and stay calm following the price movements.
The whales use this chance to accumulate more and more bitcoin because they have a lot of money ready to buy bitcoin at any lower price.

In my opinion, people who have large capital are very lucky today, because now is the best time to buy Bitcoin. Maybe we will regret it
if we hesitate to buy Bitcoin right now, because next week the Bitcoin price will probably rise above the $60k price again. So we have to
take advantage of the current correction to collect as much Bitcoin as possible. But because my capital is limited, I can't collect much Bitcoin.
Anyways so far I'm quite satisfied with the Bitcoin purchases I've made gradually. If we see Bitcoin's movement today which shows a slow increase,
I hope my predictions come true, that Bitcoin in a few days will return to the price of $ 60k.

[Hypnosis00]

What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

The price of BTC is decreasing enough because of some news lately.
And I think that this is also a good time to buy some. But I will prefer to suggest you buy based on steps, not all in one rate of BTC itself. You may set a target price of some BTC rates, and the lower buy is around $55k.
Btw, what is your goal? Long-term or short-term investment of Bitcoin itself?

Absolutely.
We have to consider this situation the time to start investing while the price is declining for it someday it pumps back high again.
Well, I'm not getting in surprise to see the current situation coz this was also happening in the previous Christmas season, and as the Holidays comes closer many holders are selling their coins in preparation for the upcoming celebration. I've projected this one and that is why I'm selling some of Bitcoin last week.

And I am going to expect the price of Bitcoin to reach back $50k before the rally starts, probably early next year.

[stomachgrowls]

What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

The price of BTC is decreasing enough because of some news lately.
And I think that this is also a good time to buy some. But I will prefer to suggest you buy based on steps, not all in one rate of BTC itself. You may set a target price of some BTC rates, and the lower buy is around $55k.
Btw, what is your goal? Long-term or short-term investment of Bitcoin itself?

Absolutely.
We have to consider this situation the time to start investing while the price is declining for it someday it pumps back high again.
Well, I'm not getting in surprise to see the current situation coz this was also happening in the previous Christmas season, and as the Holidays comes closer many holders are selling their coins in preparation for the upcoming celebration. I've projected this one and that is why I'm selling some of Bitcoin last week.

And I am going to expect the price of Bitcoin to reach back $50k before the rally starts, probably early next year.

Holiday season pump is something that kind of mindset which cant really be removed on someones mind because we had already experienced it back in the past thats why whenever this season is approaching then people had already some that kind of expectation or anticipating something like on having some price pumps but this market had proven out thats not how it works or behaves
because on previous years it didnt really make out some significant move.

For now being wise and smart is something you should really be thinking off whenever you do make out some buying decision.Dont tend to listen on anyone and
make your own analysis which would be something worth to test on.

Invest on what you could afford to lose which does somewhat give out some convenience and wont really be that stressful.

[TinaK]

What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

The price of BTC is decreasing enough because of some news lately.
And I think that this is also a good time to buy some. But I will prefer to suggest you buy based on steps, not all in one rate of BTC itself. You may set a target price of some BTC rates, and the lower buy is around $55k.
Btw, what is your goal? Long-term or short-term investment of Bitcoin itself?

But, if you are a daily trader, I think that there is no certain good time to buy or sell. You can set a price and then make a set of price goals to buy and sell the coin itself. But of course, it may be riskier.

There should not have financial advice here and I think OP should have his/her own research before putting such investment.
Because we all know that the bitcoin price is not predictable, it will either goes up or down at any moment, when we said, yes it is good to invest but6 later on the price will decrease more and there will be a chance that OP will blame us here. So that is a good question at the last, how long you have plans to invest in bitcoin if short term there is no guarantee but if that long term there will be a chance that OP could earn and set his own target on making a profit.

[matchi2011]

There should not have financial advice here and I think OP should have his/her own research before putting such investment.
Because we all know that the bitcoin price is not predictable, it will either goes up or down at any moment, when we said, yes it is good to invest but6 later on the price will decrease more and there will be a chance that OP will blame us here. So that is a good question at the last, how long you have plans to invest in bitcoin if short term there is no guarantee but if that long term there will be a chance that OP could earn and set his own target on making a profit.

It will be appreciated if we will give some hints about investment, with personal experienced we can
guide everyone who is aiming to learn the same way OP did, it's not an advice but a good idea and
information that OP or readers can use before investing.

DYOR and never to rush with your investment, now the potential of whatever investment you are
planning to participate.

Use all those good resources to understand if how the market works. It's a good preparation not to
be shaken when something unexpected happens inside the market.

[Lordhermes]

When buying a coin,there are somany things to look out for,how profitable and promising  the coin will be in future,you also look out for the risks involved in trading it.

Make proper research before you  start any buying,learn about the different strategies you can use in order not to lose.Be very careful when you buy,take note for the points suggested before buying.

[Myleschetty]

When buying a coin,there are somany things to look out for,how profitable and promising  the coin will be in future,you also look out for the risks involved in trading it.

Make proper research before you  start any buying,learn about the different strategies you can use in order not to lose.Be very careful when you buy,take note for the points suggested before buying.

I agreed with that but 97% of all the altcoins we have in the market only imitate the features of other cryptocurrencies and my suggestion about buying new crypto is to invest in a project that introduces something new cause such a project will always be number one in the field it introduces. An example is Bitcoin and ETH.

[Mahanton]

When buying a coin,there are somany things to look out for,how profitable and promising  the coin will be in future,you also look out for the risks involved in trading it.

Make proper research before you  start any buying,learn about the different strategies you can use in order not to lose.Be very careful when you buy,take note for the points suggested before buying.

I agreed with that but 97% of all the altcoins we have in the market only imitate the features of other cryptocurrencies and my suggestion about buying new crypto is to invest in a project that introduces something new cause such a project will always be number one in the field it introduces. An example is Bitcoin and ETH.

Or simply just totally shit at all which you should really be careful on selecting on which one for you to investment because once false move or mistake will surely cost you something.When buying then theres no such thing about being having that perfect buy and taking into consideration that it is really depending on someones plan whether he do go for long term or would go for shorter ones.
This is not something that easy to be done specially this market is really full of fake or shit tokens which you should really be careful of.
Invest on what you can afford to lose and dont anticipate that you could make money from time to time.

[ItsCrafty]

At the current price bitcoin is very cheap as compared to the coming days or months or even year, because it will cross $100k very soon, it is still the king of all the coins, so my opinion is that if you can hold your money in bitcoin for a year, or 6 month, then it would be better for you to buy bitcoin at the current price and I hope it will give you a huge profit in the coming months.

[martina14]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».


Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

Well, personally, my advise to you is don't focus yourself in the first place into Bitcoin, because it is much better to focus in the other coins if you want to earn high chances with it. Though I am not saying Bitcoin is not good, it is good only for the long term where you are willing to hold it for 3-4 years something like that. But for now much better to look for the other like ADA,Cake, Matic, Solana, Bnb, and Shiba.

[Sled]

snipped~

Well, personally, my advise to you is don't focus yourself in the first place into Bitcoin, because it is much better to focus in the other coins if you want to earn high chances with it. Though I am not saying Bitcoin is not good, it is good only for the long term where you are willing to hold it for 3-4 years something like that. But for now much better to look for the other like ADA,Cake, Matic, Solana, Bnb, and Shiba.

Maybe you are right. Sometimes it happens that altcoins are more profitable than Bitcoin, nor to deny that. Like investing coins that are in hypes gives us x2, x3, multiple times in general, and that is good. I invested half of my total assets in Bitcoin and half of it to BNB and ETH. It can be long-term for sure but it can be diversified to new projects if that has the potentials. Short-term investment is risky but it seems to profit. Well, that be sure you are investing the right coins.

[geegaw]

At the current price bitcoin is very cheap as compared to the coming days or months or even year, because it will cross $100k very soon, it is still the king of all the coins, so my opinion is that if you can hold your money in bitcoin for a year, or 6 month, then it would be better for you to buy bitcoin at the current price and I hope it will give you a huge profit in the coming months.

Such advice is perhaps unreasonable, the consultant also has no refund or warranty policy for the service, even though we all know bitcoin is a reputable and willing source of long-term durability but we are living more as retailers, a small agent that imports goods to the warehouse and when we are not a real user and in the attitude of a trader, buying will require original prices, even discounts. Buying at a user's price is a mistake and just saying such familiar things, we already know at what price to buy and at what price to refuse, buy only when there is a strong sale as well as a big promotion

[bL4nkcode]

Sometimes it happens that altcoins are more profitable than Bitcoin, nor to deny that. Like investing coins that are in hypes gives us x2, x3, multiple times in general, and that is good.

The chance of you from getting profit x2 or more is the same chance or more to getting loss. Unless you're investing alts that were established already, like those top 20 coins listed on cmc. BNB is more impressive coin to invest either in short term or long term. For eth it should be in long term.

[RealMalatesta]

Sometimes it happens that altcoins are more profitable than Bitcoin, nor to deny that. Like investing coins that are in hypes gives us x2, x3, multiple times in general, and that is good.

If you are limited with highly reputed coins then you will get chances to remain profitable but if you extend your altcoin investments into random coins then you may burn your finger. Even some altcoins are highly profitable than bitcoins, I guess it will be too difficult to identify such coins and the right timing specific for that coin. This is the reason I never prefer go out of bitcoin investments.

The chance of you from getting profit x2 or more is the same chance or more to getting loss.

When you are going out of bitcoin investment then you need to be ready to bear anything. Usually the risk of altcoin investment is higher than expected profit levels.

[LUCKMCFLY]

From my believe I think Bitcoin is still very cheap of you are holding for long term, if you are holding for long term you don't have to be scared of buying bitcon you don't have to be scared of drop in price that's happening currently just buy and hold but if you are short trader you have to study the chart carefully.

Well it is cheap from the point of view that it has not yet reached $ 100k, but if we take into account that BTC can have a very strong correction, the statement can be counterproductive, if I buy BTC at $ 62k and then it falls to about $ 30k or even more (could happen) would be losing a lot of money, and as the market has a lot of volatility it is very likely to happen, it is very difficult to predict a movement, however many are waiting for the bullish movement, but you have to be careful because the market sometimes it does the opposite of what the masses think.

[Silberman]

In my opinion, people who have large capital are very lucky today, because now is the best time to buy Bitcoin. Maybe we will regret it
if we hesitate to buy Bitcoin right now, because next week the Bitcoin price will probably rise above the $60k price again. So we have to
take advantage of the current correction to collect as much Bitcoin as possible. But because my capital is limited, I can't collect much Bitcoin.
Anyways so far I'm quite satisfied with the Bitcoin purchases I've made gradually. If we see Bitcoin's movement today which shows a slow increase,
I hope my predictions come true, that Bitcoin in a few days will return to the price of $ 60k.

It is not about luck, in order to have some money to invest you need to spend less money than what you earn, and this is something rare as most people are living paycheck to paycheck, so the ones that have some money to buy bitcoin now are the ones that are thinking about investing already, so we cannot say it is luck when they have planned precisely for this scenario, however I do not know how much money they could have to spare as even if the opportunity to buy bitcoin now is attractive there have been many better opportunities during this year alone.

[worle1bm]

In my opinion, people who have large capital are very lucky today, because now is the best time to buy Bitcoin. Maybe we will regret it
if we hesitate to buy Bitcoin right now, because next week the Bitcoin price will probably rise above the $60k price again. So we have to
take advantage of the current correction to collect as much Bitcoin as possible. But because my capital is limited, I can't collect much Bitcoin.
Anyways so far I'm quite satisfied with the Bitcoin purchases I've made gradually. If we see Bitcoin's movement today which shows a slow increase,
I hope my predictions come true, that Bitcoin in a few days will return to the price of $ 60k.

It is not about luck, in order to have some money to invest you need to spend less money than what you earn, and this is something rare as most people are living paycheck to paycheck, so the ones that have some money to buy bitcoin now are the ones that are thinking about investing already, so we cannot say it is luck when they have planned precisely for this scenario, however I do not know how much money they could have to spare as even if the opportunity to buy bitcoin now is attractive there have been many better opportunities during this year alone.

Yes that's true in today's hard working life we are not managing to save much due to inflation and our daily necessary items prices have also skyrocketed due to which even if we earn more we are able to save less.But still saving and investing the same amount is crucial for future survival and if we choose the wrong coin then it could be fund loss so it's better to stick with btc rather than going for some new altcoin projects which could be scam.Invest your money wisely.

[cheezcarls]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».


Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

Only invest and trade what you can afford to lose and proper risk management. There’s no specific timetable on when will BTC is going to pump or dump. It can happen without warning as the market is unpredictable.

I’m not even sure about the specific support level of BTC right now, coz’ anytime there would be another wave of FUD or bad news and we should be prepared for that. Expect the unexpected.

[DarkDays]

From my believe I think Bitcoin is still very cheap of you are holding for long term, if you are holding for long term you don't have to be scared of buying bitcon you don't have to be scared of drop in price that's happening currently just buy and hold but if you are short trader you have to study the chart carefully.

Well it is cheap from the point of view that it has not yet reached $ 100k, but if we take into account that BTC can have a very strong correction, the statement can be counterproductive, if I buy BTC at $ 62k and then it falls to about $ 30k or even more (could happen) would be losing a lot of money, and as the market has a lot of volatility it is very likely to happen, it is very difficult to predict a movement, however many are waiting for the bullish movement, but you have to be careful because the market sometimes it does the opposite of what the masses think.

Well, the above is true. While many expect the trajectory line to be similar to most of the prediction of Bitcoin reaching 100K there is also the fact that the market can move in the opposite direction by the same degree. It is not that's likely but the possibility should never be countered.

At the same time, for those who believe Bitcoin will reach greater/higher milestones can think that now they can buy Bitcoin at a discount. So in the end os about the long term vision of the investor

[zaesvlas]

Now I don't buy anymore. I bought during the recent drop to 35 k, it was still a good chance, as for me.

[cloudfir3e]

i am not sure how to proceed from here.

if you want successful trading you better believe in something you do when you buy bitcoin at prices close to ATH.
if you trade with doubt you will panic when the price dump a few % and you will experience a loss. but if you experience a loss it doesn't matter, it should be a lesson for you to be more careful when buying coins

We all know buying at/near ATH is not the best move.

trading has a high risk when you place your money wrong. so when you want to buy btc you need to set a strategy so that when the price drops you don't panic and are full of doubts.
if i see, it seems that you are still hesitant in trading.
my suggestion is that you better buy another coin whose price is lower than btc.

[qwertyup23]

Sometimes it happens that altcoins are more profitable than Bitcoin, nor to deny that. Like investing coins that are in hypes gives us x2, x3, multiple times in general, and that is good.

The chance of you from getting profit x2 or more is the same chance or more to getting loss. Unless you're investing alts that were established already, like those top 20 coins listed on cmc. BNB is more impressive coin to invest either in short term or long term. For eth it should be in long term.

The chance of profiting from altcoins is relatively the same in BTC. The difference is, the former has a bigger chance of flopping due to its uncertainty and longevity. Bitcoin, on the other hand, has proven its dominance on the market over the course of its years. Though its price may be volatile, the amount of security that you get is somehow higher compared to alts.

Though I do agree that if you invest into the top 10-20 altcoins, there may be a chance of doubling your investments. But of course, everything is a double-edged sword- either you win or you lose.

[og kush420]

Now I don't buy anymore. I bought during the recent drop to 35 k, it was still a good chance, as for me.

The real moment to buy a coin is when market take a dip. "Buy when everyone fears to buy - buffet ". But irony is that not many pay attention to buying when market is in red. Take instance of recent btc ATH, when btc was trading at 68k everyone was talking about buying it, but as btc takes a dip to 55k everyone just runs away from same btc. Not many pay attention to buying when it's actual time to buy.

[Rehan Zakir]

I think best strategy is that some quantity at current price and then wait for a dip. Then buy some quantity again. After that then wait for another dip. Don't buy all at once. Because it is not a right way to buy all at once. Buy in portions. Then you will never struck in loss

[Raflesia]

Now I don't buy anymore. I bought during the recent drop to 35 k, it was still a good chance, as for me.

But for me there is no way bitcoin can go down again to $35k during this decline, I know the correction now is quite deep but it won't be as severe as I imagined, of course the bounce can definitely come back again and we now only see it as a holiday season where many people need a lot of money.

I'm also a little patient to keep watching and analyzing when to buy at the right time during this decline, if it happened at $35k of course I would put my net.

[justdimin]

The real moment to buy a coin is when market take a dip. "Buy when everyone fears to buy - buffet ". But irony is that not many pay attention to buying when market is in red. Take instance of recent btc ATH, when btc was trading at 68k everyone was talking about buying it, but as btc takes a dip to 55k everyone just runs away from same btc. Not many pay attention to buying when it's actual time to buy.

If there is any person out there who sells when the price is dropping significantly knowing that is EXACTLY what they shouldn't do, then there is two possible reasons for something like that. Either they have no reason to actually care about what they "should" do, or they are just plainly unaware of how trading works.

I understand anyone who has been trading under one year and make this mistake but if you have been around for over a year and traded or invested and still make this mistake? Then I am sorry but you knew the risks and you still did it so you deserve that loss. I can't really feel sorry for people who sell when the price is going down, and since it is going down then it means there are some people who do sell, otherwise it wouldn't go down. I even understand not buying, but selling is just not acceptable at all and needs to stop.

[Huppercase]

If I have millions of fiat stack in my home, I will be cost average buying any BTC I get my hands on, I wouldn't pity any sats I set my eyes I find my eyes on sell order but the problem right now is that I'm the opposite of what I just said, that's why I will opt-in for Altcoins with great potential of break boundaries and not some shitcoins that will forever remain in one place no matter the amount of marketing input.
Bitcoin has prove to be the best inflation hedge despite the volatility.

[Yamifoud]

Now I don't buy anymore. I bought during the recent drop to 35 k, it was still a good chance, as for me.

But for me there is no way bitcoin can go down again to $35k during this decline, I know the correction now is quite deep but it won't be as severe as I imagined, of course the bounce can definitely come back again and we now only see it as a holiday season where many people need a lot of money.

I'm also a little patient to keep watching and analyzing when to buy at the right time during this decline, if it happened at $35k of course I would put my net.

That to believe that Investing Bitcoin or any coins during the bearish season is absolutely a good idea but the market has never seen it back like that again. I mean, we are still in bullish season, we might wait years to see it in bearish for that we take advantage of every price correction than to wait for the huge dump.
Most of our speculation the market went high until the end of this year. if we have the courage or guts to invest at the current price, it's up to you but if you're not, better to keep it and just wait. It is soon to come, just in needs patient but we don't have to expect too much.

[Kasabus]

Now I don't buy anymore. I bought during the recent drop to 35 k, it was still a good chance, as for me.

But for me there is no way bitcoin can go down again to $35k during this decline, I know the correction now is quite deep but it won't be as severe as I imagined, of course the bounce can definitely come back again and we now only see it as a holiday season where many people need a lot of money.

I'm also a little patient to keep watching and analyzing when to buy at the right time during this decline, if it happened at $35k of course I would put my net.

That to believe that Investing Bitcoin or any coins during the bearish season is absolutely a good idea but the market has never seen it back like that again. I mean, we are still in bullish season, we might wait years to see it in bearish for that we take advantage of every price correction than to wait for the huge dump.
Most of our speculation the market went high until the end of this year. if we have the courage or guts to invest at the current price, it's up to you but if you're not, better to keep it and just wait. It is soon to come, just in needs patient but we don't have to expect too much.

The correction still continues and bitcoin even go down lower today. So i think this is another opportunity to buy bitcoin because its current price is already $56,231 and it may even go deeper in the next couple of days. Although we can't say that we are already bearish but considering the lower price of bitcoin today, its definitely a good time buy.

However, for those who have no plans of buying more, just hold your coins patiently. Eventually, the market will recover soon and we will see new ATH again not just for bitcoin, but even for good altcoins.

[milewilda]

Now I don't buy anymore. I bought during the recent drop to 35 k, it was still a good chance, as for me.

But for me there is no way bitcoin can go down again to $35k during this decline, I know the correction now is quite deep but it won't be as severe as I imagined, of course the bounce can definitely come back again and we now only see it as a holiday season where many people need a lot of money.

I'm also a little patient to keep watching and analyzing when to buy at the right time during this decline, if it happened at $35k of course I would put my net.

That to believe that Investing Bitcoin or any coins during the bearish season is absolutely a good idea but the market has never seen it back like that again. I mean, we are still in bullish season, we might wait years to see it in bearish for that we take advantage of every price correction than to wait for the huge dump.
Most of our speculation the market went high until the end of this year. if we have the courage or guts to invest at the current price, it's up to you but if you're not, better to keep it and just wait. It is soon to come, just in needs patient but we don't have to expect too much.

The correction still continues and bitcoin even go down lower today. So i think this is another opportunity to buy bitcoin because its current price is already $56,231 and it may even go deeper in the next couple of days. Although we can't say that we are already bearish but considering the lower price of bitcoin today, its definitely a good time buy.

However, for those who have no plans of buying more, just hold your coins patiently. Eventually, the market will recover soon and we will see new ATH again not just for bitcoin, but even for good altcoins.

DCA you would say but this is something that cant really be done easily by anybody even if they do have the money which they could invest on.Therefore, it would still end up on mattering out risk management factor or level on a certain individual when it comes to this because not anytime we could really make out some consideration when it comes to these kind of situations.Some might
really buy in on gradual basis and some would just simply wait until the market had made out some possible bottom scenarios or conditions thats why buying is not really that simple
as it sounds kind of situation.

[dezoel]

I can’t really understand where the market is heading to at this time. Usually when the market has gotten to a new all time high price like this, and something that is really as high as what you have seen now, it will start going down later on. But this year has been kind of different, the market has been maintaining the $60,000 price rate and doesn't seem like it's coming down anytime soon.

Though sometimes we do see some bearish trends, like as of recent the market has been down to around $50,000 range, and we can tell what’s going to be the next move from there, whether it will continue going down or go back up again. So, I have not been investing anymore money as of now, I’ve just been holding the ones I have, even though I’ve taken profit at a point. But, I think now would be a good time for you to just take a break and wait, Since you said that you have already invested some money.

[GeorgeJohn]

You are looking in 1 Bitcoin over 21 million of it or right now I think 18m in circulation. You might want to look at the other side of it by satoshis.
Waiting might get you in trouble of missing out on the boat and then regretting it in the long run. I think most users here do feel that and some even made a thread about it.
Now, if you really know where the market will flow, you can wait. If you think the price will still move down at a substantial amount then go wait for it.
But if you don't have any idea about it then just buy and let the future decide where it will go which IMO will go north.

i think i can bide on your opinion, because a thing of this nature have stated by me in these by in different explanation dimensions, bitcoin is a currency that follows the market regulations not by man made regulations, so to get any currency via investment. You don't have to wait till the time frame of it's time to come down before purchasing, at this point in time, bitcoin can either go up or down, and irrespective the market fluctuations no one can get lost for bitcoin investment, the best option for it's investment is for invest on it for a period of time.

[Masplanc]

Before buying any coin get to know about the coin and understand how the coin works this the most important thing so you will be able to manage it. Get to know which particular coin can the amount of money you have go fall, get to know when is the best time the amount of money which you have if its the right time to buy a coin.

[AakZaki]

I can’t really understand where the market is heading to at this time. Usually when the market has gotten to a new all time high price like this, and something that is really as high as what you have seen now, it will start going down later on. But this year has been kind of different, the market has been maintaining the $60,000 price rate and doesn't seem like it's coming down anytime soon.

Though sometimes we do see some bearish trends, like as of recent the market has been down to around $50,000 range, and we can tell what’s going to be the next move from there, whether it will continue going down or go back up again. So, I have not been investing anymore money as of now, I’ve just been holding the ones I have, even though I’ve taken profit at a point. But, I think now would be a good time for you to just take a break and wait, Since you said that you have already invested some money.

The bearish trend that is currently happening in bitcoin is certainly an area for bitcoin consolidation. bitcoin is able to hold in the $55k area and is still safe if the support does not break.
Currently, we have to wait for market certainty because Bitcoin is still quite volatile.
i entered in several altcoins that had a drastic drop when bitcoin dumped and took some profits.
We all hope Bitcoin is able to hit a new ATH again this year.

[sumant]

Before buying any cryptocurrency you should work on every aspect of particular asset. I personally search that coin should be at their lowest price you will get bumper profit, second is you should know what is their future plans that's can maximize your return. One very important aspect is that in crypto you can't be sure every time so put money into trade that you can afford to loose.

[zaesvlas]

I advise you to try this action on a demo account before doing anything. As for me, this is a pretty correct option for work now.

[martina14]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».


Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

The price value of Bitcoin at the moment was below 80k$ it was in between 54-58k$ something, in which I think it is a good chance to buy then hold were it depends on you if it is long or short term holdings something like that. It is also good to know if you fully understand now what really bitcoin is all about.

[Wawa2013]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».


Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

The price value of Bitcoin at the moment was below 80k$ it was in between 54-58k$ something, in which I think it is a good chance to buy then hold were it depends on you if it is long or short term holdings something like that. It is also good to know if you fully understand now what really bitcoin is all about.

Bitcoin is currently still at $54k and no sign of going up yet, I agree buying Bitcoin at the current price is a good decision. Because Bitcoin probably
won't drop below $50k, it means that if we decide to buy Bitcoin below $60k, it's cheap. Then I suggest holding Bitcoin for the long term  rather
than holding short term, because if we study Bitcoin properly, we will find out the longer the holding of Bitcoin, the greater the profit generated.
But back to ourselves is more comfortable holding short term or long term, sometimes everyone has a different choice. So just do what
we feel comfortable with, and don't make decisions based on other people's opinions.

[carrigan]

Apart from Bitcoin you can buy other crypto from Altcoins. Precisely with cheaper altcoin prices and altcoins also often experience market trends. It is suitable for day trading which will give you profit without a long time. Both have their own pluses and minuses between Bitcoin and Altcoins. Bitcoin itself will usually take longer when you invest here, but the profit you get is also getting bigger. So think carefully before you start trading. See the value of the advantages and disadvantages of these coins, lest you be fooled by useless Shitcoins.

[ItsCrafty]

I really thing that it is the for buying in the near future BTC will go as up as it can and will cross its previous own ATH, so, this is just my prediction and the news I had seen own different websites about bitcoin. You can also analyze the coin by checking on different websites, So, bitcoin will also go up in the near future. Stay tuned and wait for it.

[Kimonoe]

I really thing that it is the for buying in the near future BTC will go as up as it can and will cross its previous own ATH, so, this is just my prediction and the news I had seen own different websites about bitcoin. You can also analyze the coin by checking on different websites, So, bitcoin will also go up in the near future. Stay tuned and wait for it.

at the end of the year it is predicted that bitcoin will reach a new ath, it is seen that it has a great opportunity considering that until now the price correction has occurred normally and has risen again. With the psychological encouragement of traders who believe in the rise of the crypto market at the end of each year and the news that supports it, it opens up opportunities to again form new peaks.

[YOSHIE]

What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

I remember the Bitcoin trading phenomenon in 2017, thousands of people got lost, thousands of people suffered losses, not a few people experienced stress ATH spiked at the end of 2017, The phenomenon remembers me like today, it's hard to guess, what will happen next Bitcoin knows 2022, I wondered to myself (will something similar happen again).

OP, crypto is currently a little difficult to tell you to buy or patiently wait for the development of the crypto market, it will backfire for yourself, only one thing i can say, be patient and see market developments in mid december, come in january, take the decision to continue.

[fullhdpixel]

I really thing that it is the for buying in the near future BTC will go as up as it can and will cross its previous own ATH, so, this is just my prediction and the news I had seen own different websites about bitcoin. You can also analyze the coin by checking on different websites, So, bitcoin will also go up in the near future. Stay tuned and wait for it.

Have you seen the trend on Twitter lately? People were saying – buy the dip –they are being positive about the market going up again. I think such a trend being on the top would motivate a lot of people to start buying Bitcoin right now, and I am feeling now is a perfect time for anyone to just buy and hold their asset tight.

Or if you have already invested in the market before and you have not sold your coins yet, then it would be good to just keep on holding for now till the year is over. The year is not yet over, so there is still a big chance that the market would run up one more time, and we should all be ready and waiting for that to happen. Those that doesn’t gather their assets early would regret missing the action.

[aquafinewater]

I recommend follow only one top trader and follow all advise and learn must about crypto because everyone have different decision some advise Trend is your friend so buying according to trend and buy in different part so we can get a great return in short term

[LUCKMCFLY]

If I have millions of fiat stack in my home, I will be cost average buying any BTC I get my hands on, I wouldn't pity any sats I set my eyes I find my eyes on sell order but the problem right now is that I'm the opposite of what I just said, that's why I will opt-in for Altcoins with great potential of break boundaries and not some shitcoins that will forever remain in one place no matter the amount of marketing input.
Bitcoin has prove to be the best inflation hedge despite the volatility.

You are right, Bitcoin is the best option you have to combat inflation, even in countries like Venezuela some banks for the year 2022 are thinking of granting credits using Bitcoin, it is the last I know and it is not official yet, but still , the banks and the entire financial system would have an incredible improvement, because it would be like in El Salvador, I imagine that they will also have the option of creating a wallet under which the BTC fees are free, and possibly they can use LN which is the most logical I believe that it is the only way that the country can get ahead, even knowing that the banks will keep their hard hand under the debt.

[Boov]

Don't you buy on that price you're saying, because this time we reached corrections and the price goes below $60k. That's a good opportunity to take actions right now, while it doesn't fall below $50k and there's really a big chances to recover and touch $60k once again.
Bitcoin had proven a lot of times, and I can't afford to lose all over again just like the old days I made my mistakes.

[ice18]

I think at the current market status right now, buying at below $60k is a good entry point if you want to accumulate more btc. If you want to hold it for a long term theres no problem buying at current price, if you believe in btc and its potential in the future then stay buying always at the dip and hold it but I still advise dont put all your money in one coin, alts also can give you enormous profit by just holding.   

[barbara44]

That is the same thing with me, I have not been buying for now ‘cause I feel that the price in the market has been really high. So, I’ve been relying on my investments that I have done earlier , and I’m looking forward to the market still increasing from here. But, if it doesn’t and the market happens to go down further, then I might be investing again in it,  and then I would continue to hold until the next bull run takes place.

So, my advice would be that you calm down a bit, and wait for a better time when the market will be in a good condition before you start investing. There’s really no need for you to be rushing it right now, there will still be a lot of opportunities to get in, in the future.

[awik p]

I think at the current market status right now, buying at below $60k is a good entry point if you want to accumulate more btc. If you want to hold it for a long term theres no problem buying at current price, if you believe in btc and its potential in the future then stay buying always at the dip and hold it but I still advise dont put all your money in one coin, alts also can give you enormous profit by just holding.   

as long as we are patient waiting it will pay off if we invest, buy under 60K, there are some altcoins that can make the main choice like ethereum or binance, or maybe we can use a small part of the capital to try our luck on new coins, so that it can increase our profits and also the security of our funds is healthier

[phillipjackson]

According to my experience, I would suggest waiting till the amount falls a bit because then you will be able to buy more Bitcoin.

[Zanab247]

I will advise you to buy huge amount of bitcoin you want to buy because after today the price of bitcoin will increase higher to were both long term investors and short term investors will be smiling with their profits in the societies. Now that the price of bitcoin is still $45k, it will be better to improve your capital to purchase more bitcoin so that you will be part of this great opportunity that is coming into the community Soon.
If you are buying any coins don't buy for short term investment because most of the coins are not good for short term investment. If you don't want to miss your opportunity in this season try to buy and hold for future profit making.

[Dragonfund]

You know one sweet about bitcoin? It's uni direction in profits, you can get buy and do a DCA when the price is falling and hold for long time, at a point your buy will be average and when bitcoin enters accumulation face afyer bottom out, you will be in good profit when another bull start.
You may also do DCA just before and after the price has fallen, this way you must have accumulated many at bottom and buy the remaining when it's pumping and sell your sats when a new all time has been reach or attained.

[breathlessz]

I will advise you to buy huge amount of bitcoin you want to buy because after today the price of bitcoin will increase higher to were both long term investors and short term investors will be smiling with their profits in the societies. Now that the price of bitcoin is still $45k, it will be better to improve your capital to purchase more bitcoin so that you will be part of this great opportunity that is coming into the community Soon.
If you are buying any coins don't buy for short term investment because most of the coins are not good for short term investment. If you don't want to miss your opportunity in this season try to buy and hold for future profit making.

right, without a doubt to buy bitcoin for investment. Of course we will invest for the long term, and I think anytime as long as we have pocket money then that is the best time to buy. even though we buy at the peak, as long as we are patient then we will get a profit later, that's how it is an investment, without panic selling

[AicecreaME]

The answer is very simple, don't buy when people are in FOMO because that will help the price to skyrocket unless it's already overbought. The right technical analysis will always give you the answer you're looking for, so don't forget to do it before making a trade. Be patient, don't rush things up because eventually, your technical analysis will be always right as long as you've done it correctly, obviously.

[Raflesia]

The answer is very simple, don't buy when people are in FOMO because that will help the price to skyrocket unless it's already overbought. The right technical analysis will always give you the answer you're looking for, so don't forget to do it before making a trade. Be patient, don't rush things up because eventually, your technical analysis will be always right as long as you've done it correctly, obviously.

FOMO always get so complacent that they buy at a high price and ignore it.
Technical analysis is usually rarely used for beginners and they are still looking for FOMO or tokens that are hype in the market.
Sometimes just being patient is not enough, it needs to be trained to be used to surviving in any situation, but with technical analysis we know the direction of the coin we are looking for.

[zaesvlas]

I am thinking to buy now, but judging by everything, we can still expect a small drop.

[Rehan Zakir]

I suggest you to buy a small amount at current price. And wait for dip. And accumulate more btc in every dip and increase the quantity. In this way your average buying price is very low.this is the right way of buying. If you buy btc at current price with your full balance. So, you cannot buy it again when it takes a dip.

[Quidat]

I am thinking to buy now, but judging by everything, we can still expect a small drop.

When you are waiting for small drops then you are particularly aiming for short term profits and not for long term ones.Well, its up on personal choice whether which one you do go for it because not all would really be that patient in doing so thats why we do end up
on several decisions for ourselves when it comes to this manner.So its up to your choice whether on when you will be buying
or selling.

[blockman]

I suggest you to buy a small amount at current price. And wait for dip. And accumulate more btc in every dip and increase the quantity. In this way your average buying price is very low.this is the right way of buying. If you buy btc at current price with your full balance. So, you cannot buy it again when it takes a dip.

That's buying the dip and dollar-cost averaging. Very effective strategy over time that you'll be happy that you've done it. Just time after time, you buy and you're good to acquire as many as you can.
If you've got plenty of budget and spare to spend, you just have to do it on your own and decide if you want a bigger batch as you buy or will still follow the idea of buying in batches with smaller amounts.

[TelolettOm]

For me personally, i will think some ways. If this is for a trading daily, I still will buy it and take profits  after rising up for small percentage. And about buying for investment, I think I will wait for little bit drop, but of course, this may be difficult to know when to drop. And now is a good time to buy because the price of Bitcoin is still at $47,895.47.
The market is crashing very drastically this day and this also influence the altcoin market. This may not be the dip, but at least, this rate is a good to buy for the next step of Bitcoin bullish era. Although I am little bit doubtful about the new ATH to create because of so many FUD that we face so far. But, I still really expect for this.

[Sayeds56]

I suggest you to buy a small amount at current price. And wait for dip. And accumulate more btc in every dip and increase the quantity. In this way your average buying price is very low.this is the right way of buying. If you buy btc at current price with your full balance. So, you cannot buy it again when it takes a dip.

Good idea and it is considered as a best buying strategy when you buy in parts and not all in one go, it helps to average $ cost of your coin/token. Going forward use Technical chart of Support/resistance on 4 Hrs time frame and buy on each support and continue buying until your buying amount target is achieved. Adopting this strategy means your trade will quickly come in profit when Market will start bouncing back.

[matchi2011]

I suggest you to buy a small amount at current price. And wait for dip. And accumulate more btc in every dip and increase the quantity. In this way your average buying price is very low.this is the right way of buying. If you buy btc at current price with your full balance. So, you cannot buy it again when it takes a dip.

Good idea and it is considered as a best buying strategy when you buy in parts and not all in one go, it helps to average $ cost of your coin/token. Going forward use Technical chart of Support/resistance on 4 Hrs time frame and buy on each support and continue buying until your buying amount target is achieved. Adopting this strategy means your trade will quickly come in profit when Market will start bouncing back.

Good way to invest your money, having broader knowledge of how market move by using TA, support/ resistance
will guide you to find a good spot in positioning your entry. Once the market start to be strong again, the chance of much quicker
returned is very likely to take place.

[airdata]

I am thinking to buy now, but judging by everything, we can still expect a small drop.

It is correct time to invest is Bitcoin and Altcoin, it is my opinion, and i believe that after this year we can see a good rally in Altcoin and Bitcoin. But i want suggest that never buy coin with 100% fund, invest part by part.           

[pgbit]

If you want to do investment you should research on that token/coin. And try to buy in the dump. and always DCA in dump. try to make an investment in the best/famous project like CIFI, PYR, Shib.

[Patigi]

It all depend on you but for me I buy at anytime I have the money with me, so i continue buying but I know I have my selling price. I have being buying Bitcoin and some altcoins but I put it in mind that I will not sell my bitcoin till the price hit $100k, so i  have a fixed selling price for any coins I buy and that is why I buy anytime money come to me. I always put it in mind that Bitcoin and even some altcoin doesn't have dumping fixed price and pumping fixed price. That means anything can happen.

[Sihab76]

If you want to do investment you should research on that token/coin. And try to buy in the dump. and always DCA in dump. try to make an investment in the best/famous project like CIFI, PYR, Shib.

Actually before investment or buying coins one should deeply analyse . Without researching the cryptocurrencies market and project development, one shouldn't buying or selling coins. Volcan forced (Pyr ) and citizen finance ( Cifi) projects have bright futures and development.

[NelfiNovita]

Market conditions like this are good to take advantage of to buy some bitcoins and altcoins. The current market conditions are quite worrying because the prices of Bitcoin and Altcoins have collapsed due to several factors that have made cryptocurrencies like this. Bitcoin price is currently around $47,663 some people have panicked by the decline that has occurred in Bitcoin, I suggest for beginners who are just buying Bitcoin that they hold their Bitcoins until the bitcoin price rises again and reaches a higher ATH price. For beginners who want to buy bitcoin now is the right time to buy it because the price of bitcoin does not always go down and it is likely that at the end of this year the price of bitcoin will rise even higher.

[AakZaki]

It all depend on you but for me I buy at anytime I have the money with me, so i continue buying but I know I have my selling price. I have being buying Bitcoin and some altcoins but I put it in mind that I will not sell my bitcoin till the price hit $100k, so i  have a fixed selling price for any coins I buy and that is why I buy anytime money come to me. I always put it in mind that Bitcoin and even some altcoin doesn't have dumping fixed price and pumping fixed price. That means anything can happen.

anything can happen in cryptocurrency. if you've been buying bitcoins at the right price but still dropping, you may be able to buy gradually. Most importantly you buy with money that you do not need in the near future and that is free money. The target price that you set is of course the target that must be achieved.

[Alisha-k]

Patience is a virtue every trader must have in their possession...
Anything is possible to occur in the crypto system but your ability to control the situation is what makes your trading successful or a failure. You can purchase Bitcoin at anytime provided you've made your analysis right and the funds to acquire those coins are readily available but in other to make profits, it's adviced you buy at dip periods such as now.