Holding my horses for now

[Wincob]

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

[1715077536]

1715077536

[cryptoaddictchie]

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

Thats the problem we cant eventually foresee at what price bitcoin would be dipping. So the better move is do a dca on it so you could average your buy even its go down. No one can predict accurately the bottom unless you are a fortune teller and most especially only use money you arent scared to lose cause it may go down so its quite dangerous for you to use hard earned money.

[Kalchef]

Since tomorrow looks uncertain I just buy with a few percentages of my USDT, as time goes on if BTC goes below 25k I will buy again and if we see 19k per BTC I will buy again, these are buying opportunities that may never happen that's why you should use a stable coin to buy bit by bit.

[lovesmayfamilis]

If you speak correctly, then buying bitcoin is always relevant. You cannot predict what the course will be tomorrow or after some time. Unfortunately, no one has a crystal ball. However, investing in bitcoin on a regular basis, regardless of the course, may be a wiser move than waiting for a better day.

Sometimes bitcoin surprises us very much, after which we again hear such regrets from people who complain that they did not have time to buy it at the best price.

[mk4]

Obviously buying cheaper is better, but how do you know how cheap it will reach? It's possible that it will, but what if bitcoin didn't reach 19k at all?

If you don't know what you're doing and you only want to invest for the long term, just do dollar-cost averaging. https://dcabtc.com/

[Crypt0Gore]

It is possible that Bitcoin can reach 19k but not promised, this is why you need to use half of your money to buy Bitcoin now, 28,000$ is possible though, more realistic than 19k per Bitcoin, assuming you have 500$ to spare, use 200$ to buy at 28-29k per Bitcoin and wait for any possible downtrend, if another happens like 24k then buy again and wait for another possible down trend, remember that Bitcoin isn't like those shit altcoins, you are investing in something worth holding for long term here so it's worth any penny.

[dimonstration]

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

If you are asking profitability wise, Buying early as possible is the best thing to do if you are investing long term but if you are just buying just because you will use it for your bills and payments then it's still the same if you buy now or later since the fiat value of Bitcoin at the particular day of purchasing it matters most since you can't predict the price onwards. Predicting the future price is very hard to do but having faith in Bitcoin price will grow more in the future is your only weapon if you are planning to invest in it long term. Remember that those who are faithful to Bitcoin in long term get the most benefits.

[Don Pedro Dinero]

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

You are doing the opposite of what you should be doing. Rich people buy when it's cheap. Poor people, at times like this, panic and stop buying or even sell at a loss. I am not telling you this as an investment recommendation but if you do some research on the subject you will see that it is as I say.

[sunsilk]

Usually this is the problem of everyone who wants to get the idea if the current price is the dip. But, you'll never know if the price is already the bottom of it unless we see that it's moving up ahead and leaving the current price level.

There's a solution to this but this would depend on how much budget you've got. I think others have been doing already the DCA on this problem you've addressed.

So if you think that the current price is low and you worry that there will be a lower price soon but you truly want to buy, just buy like a portion of it. Maybe 5% or 10%, 15% or 20% depending on how much you're willing to buy for the moment.

And then just do it again if the price goes lower. This sounds easy and not a good idea for the others, but is there any other thing you could do upon spotting the lowest?

[un_rank]

Is buying bitcoin right now the same with buying later?

Not in my view. The price is constantly changing, so the value of bitcoin you would get for say, 1k usd now, is not the same you would get in a month or even the next day.

I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin

Imagine buying at 39k usd instead of the current price of 29k? That is the risk you bear when you try to speculate the price and predict the bottom, it can go up or down.
Historically, you could have bought one bitcoin at 1000 dollars, or 100 or even 10, so rather than trying to save up on some investment money, It seems better to buy when you can and hold as it would not matter much in 2,5 or 10 years what price level you bought at.

I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

When to buy is important, but what could be more important is knowing how much to invest and building patience to hodl through changes in the price.

[Oshosondy]

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

It depends on how long you want to hold bitcoin, if you buy now, you and you want to hold it for like three years, it is a good idea.

You can use different strategies and approaches.

Like dividing the money you want to use to buy bitcoin into like four, setting plan to buy more if the price continue to decrease. If the lowest price you want is $19000, the price of bitcoin now is at $30000. You can buy at $25000, $23000, $21000 and $19000 if bitcoin possibly fall to that price.

There will be a time bitcoin price will decrease more, but you will have to wait for months for this to happen or just invest and see your money grow within 3 years from now is my personal advice.

[Mpamaegbu]

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

To even shock you, I read someone made a forecast that Bitcoin will plummet to $14k – $15k. As scary as that is, it won't be out of place if it happens. Though I believe that won't happen. My confidence that it won't happen stems from the fact of the involvement of institutional investors who are long term in their investment approach. This will, in a way, help steady the tide of further collapse of the Bitcoin market. However, whatever happens during this bear I will remain unfazed. I've seen worse in this industry to make me panic now. I guess that should also be the attitude of users here. OP, you can DCA or you pend around where you think the market can revert. Don't wait for an imaginary bottom. It doesn't exist in the real sense.

[Daniel91]

It is very difficult to predict bitcoin prices, ups and downs.
The wise strategy is not to buy everything at once but in stages, depending on the movement of the price of bitcoin.
Likewise, bitcoin should be sold, in stages, depending on the movement of the bitcoin price, and you should also have a clear investment plan and exit strategy.
It's never the wrong time to buy bitcoin, but beginners often make mistakes and react emotionally to changes in the crypto market, and often under the influence of emotions sell prematurely and lose money.

[YOSHIE]

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

it's called principles and beliefs, nothing is forced, follow your heart and mind your, it's better than everything.

Bitcoin users have their own analysis and tricks, some make long and short term investments, others trade depending on their level of expertise in trading, bottom line: you want to buy now a good idea and you want to buy Bitcoin tomorrow and the day after that is also a good method, the thing is, why do you buy Bitcoin and wait for the price of $19k, how much Bitcoin do you want to buy and how after you buy it at $19k and it goes down again to $6000 as it used to be.

If i can suggest you do a Bitcoin trading method in a given time, if you understand crypto market chart analysis, instead of having to wait $19k.

[maydna]

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

It will be different because if you are now buying bitcoins at $29k and a few days later, they are $28k or even $30k, you will see how many bitcoins you bought. From there, you should know when you can buy bitcoins.

We don't know if this bitcoin decline will occur because there is no sign of bitcoin's movement, but we can analyze where the trend is from the bitcoin price movement. We can decide whether to buy or wait a little longer because the trend will fall again. But it's better if you buy bitcoins at every lowest price level because that will allow you to have more bitcoins.

[suzanne5223]

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin

Every market tendency presents a new opportunity but once you have bought at the previous bottom price which is the 19K price range you can hold on until the market downtrend below 19K thats if your major plan is to hold for a long term.

I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

Buying cheap is the best entry point in cryptocurrency investment but the whole investment idea is buying the dip and choosing the perfect coin in the market. However, if you don't have portfolio management knowledge it is better you choose 2-3 best coins.

[Smartprofit]

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

Bitcoin is currently trading at $30,000.  This price has been around for a long time ....

What is it - accumulation or distribution?  That's a very difficult question.  

These questions are called $1,000,000 questions.  A trader who answers this question correctly can make huge profits.  

The price of Bitcoin has recently fallen well below $30,000.  However, the price then returned to just below $30,000 again.  

What will happen next?  Price increase?  Price drop?  

If you are a long-term investor, then in my opinion you can buy a certain amount of Bitcoins.  If you are a trader, then the answer to the question is not so clear.  

In my opinion, even in a bear market, the $30,000 price of Bitcoin is quite reasonable and fair.

[Marvelman]

A great way to invest in cryptocurrencies is buying some coins and holding them for a couple of months or even years. Buying the dips will make your money grow faster. However, this method is tricky, you need to keep track of the price of the coin you are buying and be sure to get the best value for your crypto investment. Even if the price goes down, that is not a reason to sell it if you believe in the coin's growth. Wait for the correction and at that point you will find that it was a good call and will likely have huge returns in the future. Selling at a profit is a good idea to rebalance your investment.

[Dunamisx]

Is buying bitcoin right now the same with buying later?

obviously no, the opportunity renderd today may cease to exit tomorrow when bitcoin would have rise high, now that it is low is the better  opportunity to invest no one can predict tomorrow, but making an investment today will always be a better privilege even though it runs bearish after your purchase, there is assured confidence in it capacity to rise back.

I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

it is better and safer to make a buy on bitcoin and not on altscoin because of uncertainties, other cryptocurrencies that rises within a little space of time dropped drastically as well in that same direction, you can target buying bitcoin when the market is cheap but it's not advisable to act this on altscoin because some may not rise again after their fall.

[Kasabus]

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

If you keep on hesitating when to buy, you might lost the opportunity in front of you. So just do DCA, buying at every price drop particularly if you are waiting for the best buy. No one holds what the future of bitcoin, whether it will drop its price more or recover eventually, then at least you already accumulated bitcoin in your portfolio and that's the good thing about DCA. You never lose anyway, but the fact that you already bought bitcoin and prefer to hold it for long term, then there's good profits waiting for you ahead.