The bitcoin price drop is an excellent time to buy bitcoins

[evichi]

While Bitcoin price drop is an opportunity to buy Bitcoins, it is important to do that with caution. Robert Kiyosaki, the author of the book, Rich Dad, Poor Dad, have speculated that Bitcoin might fall to $24000.00 (https://news.bitcoin.com/rich-dad-poor-dads-robert-kiyosaki-biggest-crash-in-world-history-24k-bitcoin-price/)   Kiyosaki is a renowned entrepreneur and business man and I think he is worth listening to. Kiyosaki is a bitcoin enthusiast. He believes that the U.S. dollar is dying as the government continues to give people free money. "Do not save. Buy gold, silver, bitcoin. Dollar is dying,” he said in April last year. What is important is to invest only what you can afford to loose. We note that what he made was just a prediction, the market may not fall to that level, or may even fall lower.

[isaac_clarke22]

~

Who knows anyway in the end? All of us are just purely speculating on the prices lately and of course some might even speculate that  it could recover back to 50k though I rarely heard that kind of speculation lately.
I am not familiar to who Robert Kiyosaki is though nor the book you mentioned.

[prosperoustop]

all experts said that BTC will not be lower than 30k, but it have it own way, so how to buy dip? when will be dip?))

[lionheart78]

For now, market stability is quite worrying.

I don't think the current Bitcoin market stability is worrying.  It is normal to have a downtrend price in a bear market.

The issues out there that affect the price are very volatile. But every drop is an opportunity, but not to buy in bulk. Maybe you can take Bitcoin little by little. Because at the time of decline there will be another decline. If you're not ready, then don't go all-in just because you can't filter out the information out there.

It is really good to buy BTC during the price drop.  It is considered as buying at a discounted price.  It is also best to DCA when the price of Bitcoin keeps crashing.

[Captain Corporate]

I don't think the current Bitcoin market stability is worrying.  It is normal to have a downtrend price in a bear market.

This here should be highlighted everywhere in the crypto world, it should be told to anyone who worries about the current price. Bitcoin has never been a stable currency, it does drop a lot but it also recovers very well. I get that there has been a few stocks that went up a lot during the past few years, namely Tesla but the reality is that looking back on the past 5 years, you can pick any year and it will always be a profitable thing if you hold it long enough. Yes it does have drops time to time, but when hasn't it recovered eventually? I do not know when it will be, but I know %100 for sure that it will recover again.

[Vaculin]

The crypto market made massive progress in 2021, but we can see significant swings that have scared many crypto investors in 2022. The price of Bitcoin has dropped below $31,000, and many investors panicked. But don’t run from crypto before you read the article.

Bitcoin’s price dropped
The bitcoin's price decreased below $26,000 for the first time in 16 months, amid a sell-off in cryptocurrencies that erased more than $200 billion from the entire market in a single day. Ethereum, the most well-known altcoin, tanked to as low as $1,704. It’s the first time the token has fallen beneath the $2,000 mark since June 2021.
TerraUSD (UST) is intended to be pegged to the $1 but it sank as low as 12 cents and collapsed in a run as investors panicked and sold off their tokens. The Terra blockchain has since officially halted.
Some crypto investors are fleeing from cryptocurrencies. Many crypto investors think about what they should do to save their money. Potential crypto investors are as scared as experts.
What’s behind the latest bitcoin drop? Are crypto market collapsed?

Don’t panic
First, Bitcoin saw its dropping below $31,000 for the first time since July 2021. Such bitcoin’s price was just over a year ago and it means that you don’t need to pay 10,000 bitcoins for pizza. Bitcoin is still a valuable digital asset.
Second, cryptocurrencies have plunged in tandem with Wall Street, and are almost on par with the tech-centric Nasdaq, as investors fret about the Federal Reserve’s next moves to tame inflation. When the Federal Reserve raises interest rates to combat levels of inflation unseen in the U.S. for forty years, it has the effect of lessening demands for more growth companies, like tech stocks and speculative risk assets like Bitcoin. Cryptocurrencies are a part of the economy.
Third, the volatility of cryptocurrencies makes them attractive for investment and risky at the same time. If you seek shelter, you should invest in low-risk assets such as US Treasury bonds but the profitability of assets is also low. By investing in Bitcoin, many investors expect that the speculative craze hasn't diminished, and they will be able to sell it again for much more than they paid. But recent history should be that such plans, while tempting, are never easy to achieve. . The thrill of speculatively investing is not the best strategy because bitcoin is a long-term asset.
Looking back at every past bitcoin downturn, there is absolutely no need to panic in such a situation.

Should you own bitcoin? Should you invest in bitcoin now?
It doesn't really matter who you are, a first-time crypto investor or an experienced crypto trader. The most important thing is to be prepared for the bear market. You should hold or even increase your position if you're set up because bitcoin is a long-term asset. The price drop is a good time to buy bitcoins and use a buy-and-hold strategy. Volatility is as old as the hills, and it's not going anywhere. Keep your cryptocurrency investments under 5% of your portfolio. If you've done that, don't stress about the swings because they will keep happening. If you want to invest in altcoins, you should create a balanced portfolio.
Anyway, bitcoin down is an opportunity for growth, and you can take this opportunity.

There's no other big opportunity to invest in bitcoin but with this present dip as bitcoin value has dropped a lot more. And there's none of us who can tell when this price drop will stop so better do the DCA so we'll never miss a single opportunity to own bitcoin. Hopefully, newbies will also realize that there are also good things happening when the market is bearish, so they won't be panicking when everything in their portfolio is dropping even bitcoin which they think the price will always move up.

[Rigon]

The bitcoin market is now much lower. For those of you who may have been waiting for the price of bitcoin to fall, I would say that today is the time for them to buy bitcoin.When the price of Bitcoin was in the range of $69k, many people said that if Bitcoin was in the range of $30k, they would actually buy and invest.But now that the market is below $30k, they have made up their minds to buy and invest. The Bitcoin market will soon be pumping.Bitcoin may soon go to $100K.So those who want to invest in Bitcoin can invest right now.

[lienfaye]

During correction many investors are having worries and in panic due to the consistent declined. Usually their mindset are full of negative thoughts and not seeing the good side of this situation.

Its quite normal to have worries, but this is not the first time bearish market happened and I think its the advantage of investors who already been here for years. They're used to seeing the market unstable and aware of what to do in times we're in bearish trend. Its indeed an opportunity to fill our bags because the crypto movement can change unexpectedly.

If crypto turn bullish again its certainly a huge gain depending on how much capital you use to buy Bitcoin.

[Darker45]

I indeed find it amusing and confusing when people run away from Bitcoin when it has a cheap price tag and flock toward it when it rallies so hard.

Well, perhaps this is a natural human attitude. Perhaps people are naturally avoiding risks and uncertainty. And perhaps that's the reason why those few who try to suppress it and do otherwise are the ones who are successful.

Perhaps the great Warren Buffet was right when he said that wise investors are "fearful when others are greedy, and greedy when others are fearful.”

[blatchcorn]

I indeed find it amusing and confusing when people run away from Bitcoin when it has a cheap price tag and flock toward it when it rallies so hard.

Well, perhaps this is a natural human attitude. Perhaps people are naturally avoiding risks and uncertainty. And perhaps that's the reason why those few who try to suppress it and do otherwise are the ones who are successful.

Perhaps the great Warren Buffet was right when he said that wise investors are "fearful when others are greedy, and greedy when others are fearful.”

What Warren said is for wise investors not for light heart investors. I am sure Whales along with sensible investors are busy buying BTC at current price and will start selling when price will go up. Its time when majority except whales and wise people rush to buy bitcoin. There is the reason why whales are called Whales. We can also become Whales if we gather courage to take such risks.   

[Sayeds56]

The crypto market made massive progress in 2021, but we can see significant swings that have scared many crypto investors in 2022. The price of Bitcoin has dropped below $31,000, and many investors panicked. But don’t run from crypto before you read the article.

Besides the article, do you guys realize in what kind of mess our world is right now? If we think all the stuff that happened and that keep happening I think it's incredible to have bitcoin at this current value. Should have happened this situation 4-5 years ago probably at this point we'd be at -90%.

It is true the world economy is in serous trouble since Ukraine war broke out  and since then all financial markets are  consistently declining however Bitcoin looks stable between 28-31K that reflects its in herent strength but most of market participants think that further escalation of Ukraine war will consequently result in further increase in crude oil prices which can potentially cause panic selling in stock & crypto market.

[KaliLinux]

While Bitcoin price drop is an opportunity to buy Bitcoins, it is important to do that with caution. Robert Kiyosaki, the author of the book, Rich Dad, Poor Dad, have speculated that Bitcoin might fall to $24000.00 (https://news.bitcoin.com/rich-dad-poor-dads-robert-kiyosaki-biggest-crash-in-world-history-24k-bitcoin-price/)   Kiyosaki is a renowned entrepreneur and business man and I think he is worth listening to. Kiyosaki is a bitcoin enthusiast. He believes that the U.S. dollar is dying as the government continues to give people free money. "Do not save. Buy gold, silver, bitcoin. Dollar is dying,” he said in April last year. What is important is to invest only what you can afford to loose. We note that what he made was just a prediction, the market may not fall to that level, or may even fall lower.

I am not really worried about whether the market will fall some more according to what some might be predicting but the thing is, will it recover at some point regardless of whether it falls below here or it is going to be from this point? and like we all know, even when the market is falling, you shouldn't just buy all at a go DCA is a good way to go as long as the market is not confirmed as DEAD investing in all the dips if you have the means is ok.

[corel]

~

OP is right. It's no need to hurry up at this moment


https://www.bloomberg.com/news/articles/2022-05-23/bitcoin-recovers-to-30-000-area-after-shedding-weekend-weakness

[Leviathan.007]

That's easy to say this is a good time to buy bitcoin or any other asset whenever the price goes down to the lower prices but the most important thing is how to buy it and people usually buy all the bitcoins they want to buy at one price level while even during the time of price fall the best you can do is to divide your funds and place buy orders in different price levels to lower your average buy level for example when the price fallen down I placed buy order from 30K to 24K and some order didn't execute buy I could lower my buying level to maximize the profit I can get.

[thet]

The crypto market made massive progress in 2021, but we can see significant swings that have scared many crypto investors in 2022. The price of Bitcoin has dropped below $31,000, and many investors panicked. But don’t run from crypto before you read the article.

Bitcoin’s price dropped
The bitcoin's price decreased below $26,000 for the first time in 16 months, amid a sell-off in cryptocurrencies that erased more than $200 billion from the entire market in a single day. Ethereum, the most well-known altcoin, tanked to as low as $1,704. It’s the first time the token has fallen beneath the $2,000 mark since June 2021.
TerraUSD (UST) is intended to be pegged to the $1 but it sank as low as 12 cents and collapsed in a run as investors panicked and sold off their tokens. The Terra blockchain has since officially halted.
Some crypto investors are fleeing from cryptocurrencies. Many crypto investors think about what they should do to save their money. Potential crypto investors are as scared as experts.
What’s behind the latest bitcoin drop? Are crypto market collapsed?

Don’t panic
First, Bitcoin saw its dropping below $31,000 for the first time since July 2021. Such bitcoin’s price was just over a year ago and it means that you don’t need to pay 10,000 bitcoins for pizza. Bitcoin is still a valuable digital asset.
Second, cryptocurrencies have plunged in tandem with Wall Street, and are almost on par with the tech-centric Nasdaq, as investors fret about the Federal Reserve’s next moves to tame inflation. When the Federal Reserve raises interest rates to combat levels of inflation unseen in the U.S. for forty years, it has the effect of lessening demands for more growth companies, like tech stocks and speculative risk assets like Bitcoin. Cryptocurrencies are a part of the economy.
Third, the volatility of cryptocurrencies makes them attractive for investment and risky at the same time. If you seek shelter, you should invest in low-risk assets such as US Treasury bonds but the profitability of assets is also low. By investing in Bitcoin, many investors expect that the speculative craze hasn't diminished, and they will be able to sell it again for much more than they paid. But recent history should be that such plans, while tempting, are never easy to achieve. . The thrill of speculatively investing is not the best strategy because bitcoin is a long-term asset.
Looking back at every past bitcoin downturn, there is absolutely no need to panic in such a situation.

Should you own bitcoin? Should you invest in bitcoin now?
It doesn't really matter who you are, a first-time crypto investor or an experienced crypto trader. The most important thing is to be prepared for the bear market. You should hold or even increase your position if you're set up because bitcoin is a long-term asset. The price drop is a good time to buy bitcoins and use a buy-and-hold strategy. Volatility is as old as the hills, and it's not going anywhere. Keep your cryptocurrency investments under 5% of your portfolio. If you've done that, don't stress about the swings because they will keep happening. If you want to invest in altcoins, you should create a balanced portfolio.
Anyway, bitcoin down is an opportunity for growth, and you can take this opportunity.

Thanks for this post and for the information about bitcoin and altcoins.

The best time to buy for me is at the lowest point of Bitcoin or altcoins. Everyone is expecting a good change in the price and finally altcoin price will rise again. If it rise, our investment will gain more profits.

[Viscore]

The crypto market made massive progress in 2021, but we can see significant swings that have scared many crypto investors in 2022. The price of Bitcoin has dropped below $31,000, and many investors panicked. But don’t run from crypto before you read the article.

Bitcoin’s price dropped
The bitcoin's price decreased below $26,000 for the first time in 16 months, amid a sell-off in cryptocurrencies that erased more than $200 billion from the entire market in a single day. Ethereum, the most well-known altcoin, tanked to as low as $1,704. It’s the first time the token has fallen beneath the $2,000 mark since June 2021.
TerraUSD (UST) is intended to be pegged to the $1 but it sank as low as 12 cents and collapsed in a run as investors panicked and sold off their tokens. The Terra blockchain has since officially halted.
Some crypto investors are fleeing from cryptocurrencies. Many crypto investors think about what they should do to save their money. Potential crypto investors are as scared as experts.
What’s behind the latest bitcoin drop? Are crypto market collapsed?

Don’t panic
First, Bitcoin saw its dropping below $31,000 for the first time since July 2021. Such bitcoin’s price was just over a year ago and it means that you don’t need to pay 10,000 bitcoins for pizza. Bitcoin is still a valuable digital asset.
Second, cryptocurrencies have plunged in tandem with Wall Street, and are almost on par with the tech-centric Nasdaq, as investors fret about the Federal Reserve’s next moves to tame inflation. When the Federal Reserve raises interest rates to combat levels of inflation unseen in the U.S. for forty years, it has the effect of lessening demands for more growth companies, like tech stocks and speculative risk assets like Bitcoin. Cryptocurrencies are a part of the economy.
Third, the volatility of cryptocurrencies makes them attractive for investment and risky at the same time. If you seek shelter, you should invest in low-risk assets such as US Treasury bonds but the profitability of assets is also low. By investing in Bitcoin, many investors expect that the speculative craze hasn't diminished, and they will be able to sell it again for much more than they paid. But recent history should be that such plans, while tempting, are never easy to achieve. . The thrill of speculatively investing is not the best strategy because bitcoin is a long-term asset.
Looking back at every past bitcoin downturn, there is absolutely no need to panic in such a situation.

Should you own bitcoin? Should you invest in bitcoin now?
It doesn't really matter who you are, a first-time crypto investor or an experienced crypto trader. The most important thing is to be prepared for the bear market. You should hold or even increase your position if you're set up because bitcoin is a long-term asset. The price drop is a good time to buy bitcoins and use a buy-and-hold strategy. Volatility is as old as the hills, and it's not going anywhere. Keep your cryptocurrency investments under 5% of your portfolio. If you've done that, don't stress about the swings because they will keep happening. If you want to invest in altcoins, you should create a balanced portfolio.
Anyway, bitcoin down is an opportunity for growth, and you can take this opportunity.

Every bear market brings not just only an opportunity, but a new challenge because you are investing in those coins which you are not sure if they are going to survive from the bearish market or just stay being low priced and undervalued. But in order to lessen the risk of losing, focus on bitcoin. Even if its price drops more, and you were not able to buy it from its cheapest price, that is still fine. After all, bitcoin will surely survive from a bear market and will always reach its new ATH when the market turns to bullish.

[blockman]

all experts said that BTC will not be lower than 30k, but it have it own way, so how to buy dip? when will be dip?))

We're all experts with our opinions and all of those who claim to be experts, always have their own opinion falling with the reality. Thus, this is a speculative market and we're all giving mere predictions on how much bitcoin would fall. The same goes for how much it will be last year and it wasn't met but that's okay. The dip probably has already come but to conclude, we don't know when it shall come or if it has been met. As you buy with your considered dip, list all of those low prices that you can get every time you purchase.

[Finestream]

Bitcoin price drop certainly provide an opportunity to buy bitcoin. But I wont suggest you to invest all your life savings right away. Currently forces like Russia war and US rate changes along with ban by china and possibility of ban by Russia is plaquing the bitcoin economy. These economical factors will surely get resolved, but it will take some time. Yes I guess if you are thinking of a long term investment. You can invest a part of your money, and in very long run your grand children will thank you for investing in bit coin, but please ensure you pass on the keys

Investing does not mean you have to put all what you have, always invest with caution and certainly put an amount that is enough to invest and enough to lose. And with this current market condition, investing into bitcoin is certainly a smart move, but it will be more successful and profitable if you prefer to hold it for a year or two. Others are even hodling it for 5-10 years for maximum profits, but for me, i will only suggest to hold it when the price is not yet reasonable to give you sufficient profits. Sell your bitcoin if you think the profits you'll gain will be very massive and huge already.

[Oceat]

Most people who barely know Bitcoin would not think of buying the dip but instead doing the opposite one which is panic selling. These are the people who think they could get rich in a single day when they invest Bitcoin but that's not how things work here. If we see a dip then that's a good result since you can buy during the dip meaning you have to accumulate more and planning to sell in the right time a.k.a. holding for a long term investment.

It's not just bull run is an excellent time we have to look at the bright side of why it does happen and having a correction is a good thing.

[TravelMug]

Most people who barely know Bitcoin would not think of buying the dip but instead doing the opposite one which is panic selling. These are the people who think they could get rich in a single day when they invest Bitcoin but that's not how things work here. If we see a dip then that's a good result since you can buy during the dip meaning you have to accumulate more and planning to sell in the right time a.k.a. holding for a long term investment.

It's not just bull run is an excellent time we have to look at the bright side of why it does happen and having a correction is a good thing.

Money is made during bear market, because the price of bitcoin is going to be cheap that you can buy a lot and HODL it. And then just sell when the bull run comes, simply formula that everyone should follow. But for those who are afraid to buy in dip, I would say that it's because of lack of experience more than fear of the market. Because they think that it won't give them a huge profits. If they will just look long term, they will understand that bear market is the best time to accumulate.