It goes same way people never learn btc 30k

[sunsilk]

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .

They're waiting for a move before they buy.

Just as the cycle, it's always like this.

When you tell them to buy when it's low they won't do it but if you tell them to buy at the top, they'll buy it. It's the price that gives that security and guarantee that they're doing it wrong even it is expensive.

I've done that too and bought at the top and FOMO is a real thing that makes everyone wanting to buy even we're seeing the price is high.

[Jody.Drummer]

How can you be so sure that there are individuals who claim to never learn from what they have been through?

Even I don't think that's true. We are not aware of individual preferences in response to market conditions, even with data. Because what is used is a certain sample that only represents an area by providing a questionnaire. It all depends on the success that has been achieved, both small and large. People will learn little by little when the Bitcoin market is experiencing a correction or a bull. It's just that you, me and others don't know about his condition.

[Flexystar]

Yeah that's the funny thing here and no matter how many times we explain this to the newbies specifically they will always be on that train. Its been around 13 years and counting everyone must understand we have an asset whose value change from few cents to few thousand dollar in no time. Seriously 13 years nothing for an asset to go this high and that too in the modern age like this.

Imagine guys, gold is been here since thousands of years and it's price hike is not even close to bitcoin's up surge. Where is a decade and where is centuries of timeline! So yup, agree or not, buy in the dip be happy later.

[pawanjain]

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .

I think you must be new to bitcoin. Although I am happy with the fact that you are aware of the principle of buying the dips but you still have to know about the history of bitcoin.
Anything, literally anything is possible with crypto. If you think $30k is bottom and bitcoin can't dump further then you are wrong.
It can very well dip below that and it can certainly recover the losses and make a new ATH.
That's what I have learnt from the history of bitcoin. BTC always creates a new ATH no matter how long it takes but it does.

[Marvell1]

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .

No one can claim that bitcoin will not fall below $ 30,000 again, even bitcoin can fall below $ 25,000.

But if you buy bitcoin now and hold it for like a year or two, you will make profit from your bitcoin holding when the price will rise back.

My prediction for the current price may not be the lowest bottom of this bear season but holding for 1 year 2 years or 3 years is a good price to hold from now on. No bear cycle can last forever and it must end to yield to the bulls to come, when the bulls show up, bitcoin always hits new ATH.

[aoluain]

I think there’s more down to come, if we are following the previously seen 4 year cycles. I don’t think we will close a day below $20,000 again though. I am going to wait for lower before I buy more again but that doesn’t mean buying now is a bad idea. DCA’ing here is still a good idea.

Absolutely! there are good discounted prices now and there may be a "stock clearance sale"
happening also.

Historically we havent closed lower than previous ATH's and the last was ~$20k.

The OP is stating something ^{apart from the institutional thing} which is so true, a lot of
people half interested in Bitcoin will wait until they see positive signals before getting involved.

Others ^non-traders hadnt the belief or willpower to HODL and more had probably over extended
themselves at $40k, $50k and above.

Its a pity because the people who are hesitant could probably do with availing of these
discounted Bitcoin prices.

[Baofeng]

I think there’s more down to come, if we are following the previously seen 4 year cycles. I don’t think we will close a day below $20,000 again though. I am going to wait for lower before I buy more again but that doesn’t mean buying now is a bad idea. DCA’ing here is still a good idea.

Yes, I got the OP's point, perhaps those who are who doesn't want to buy at this price is not afraid per se. Maybe they are just beginners in crypto market and doesn't know how to react with the cycle. Like the one that we are into right now, it's bearish so meaning the price of bitcoin is down and will continue to go down. So strategies like buying the dip and dollar cost average is very effective strategy in this cycle to accumulate. And perhaps once those beginners gain the experience in the next bull run that they will realized their mistakes.

[Oshosondy]

Yes, I got the OP's point, perhaps those who are who doesn't want to buy at this price is not afraid per se. Maybe they are just beginners in crypto market and doesn't know how to react with the cycle. Like the one that we are into right now, it's bearish so meaning the price of bitcoin is down and will continue to go down. So strategies like buying the dip and dollar cost average is very effective strategy in this cycle to accumulate. And perhaps once those beginners gain the experience in the next bull run that they will realized their mistakes.

It is normal that some beginners may lose the chance to invest at the proper time, buying now can be profitable as I have said before, but the time for bears is not yet over, even if anyone wants to buy now, it is better the person should not use all his money he is intending to buy bitcoin with, he can divide it into 4, buying as the price go down further. The time to buy is when people are afraid to buy, that time has never come in my opinion, may at $20000 for me, but who buys now never lose too.

[suzanne5223]

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.

After the price momentum of Bitcoin for some years now which shows that it always replicates the same trend after the ATH price, I don't think anyone should be scared of buying the dip except if the person is a newbie. However, one thing I understand about the market is that we all have a different understanding of the market and if some people choose not to buy now that doesn't mean they are scared because they actually choose not to buy now because there's a huge chance of the BTC market going below the previous bottom price.

30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .

We are in the season where no market prediction data will provide 100% results and I believe those that hope the price to go lower know what they are doing we're still in the market correction stage and after it should be a bloodbath.
This is what suppose to happen if BTC wants to complete its halving market trend replication.

[virasisog]

Yes, I got the OP's point, perhaps those who are who doesn't want to buy at this price is not afraid per se. Maybe they are just beginners in crypto market and doesn't know how to react with the cycle. Like the one that we are into right now, it's bearish so meaning the price of bitcoin is down and will continue to go down. So strategies like buying the dip and dollar cost average is very effective strategy in this cycle to accumulate. And perhaps once those beginners gain the experience in the next bull run that they will realized their mistakes.

It is normal that some beginners may lose the chance to invest at the proper time, buying now can be profitable as I have said before, but the time for bears is not yet over, even if anyone wants to buy now, it is better the person should not use all his money he is intending to buy bitcoin with, he can divide it into 4, buying as the price go down further. The time to buy is when people are afraid to buy, that time has never come in my opinion, may at $20000 for me, but who buys now never lose too.

Most of has have entered Bitcoin a little late. Some of us bought during its high peak but that doesn't mean that we wouldn't get a chance to gain profit when the market gets better. It's fine to fear the situation but we shouldn't underestimate the capability of Bitcoin to strike high in the future just like what it did before. Buying at a quite expensive price isn't a mistake but you have to be patient because it will take time for you to gain your profit.

[Jemzx00]

I think there’s more down to come, if we are following the previously seen 4 year cycles. I don’t think we will close a day below $20,000 again though. I am going to wait for lower before I buy more again but that doesn’t mean buying now is a bad idea. DCA’ing here is still a good idea.

Yes, I got the OP's point, perhaps those who are who doesn't want to buy at this price is not afraid per se. Maybe they are just beginners in crypto market and doesn't know how to react with the cycle. Like the one that we are into right now, it's bearish so meaning the price of bitcoin is down and will continue to go down. So strategies like buying the dip and dollar cost average is very effective strategy in this cycle to accumulate. And perhaps once those beginners gain the experience in the next bull run that they will realized their mistakes.

A lot of beginners on the trading platform are currently afraid of investing as of now as the current market that we have right now shows a bearish trend. Dollar cost average is one of the effective strategy to look into right now to minimize lose and gain profit. Also, other than the previous cycle and pattern that can be observed from the trend on bitcoin price chart from its previous years, some factors shows that we might still see some red on the next following months.
I guess, some beginners mindsets which hinders them to invest is that they will not profit sooner as they would like to see their assets or crypto price go up in short matter of time. But still, investing right now is not a bad move if you are investing on a long term plan rather than timing the market where you might even miss a chance to invest to.

[virasog]

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .

The current bitcoin prices are the best place to buy bitcoins as these are the perfect support levels.

However, there is nothing certain in bitcoins and bitcoins can even go below these prices. Even though the chances for these seem slim but anything can be expected in crypto. If bitcoin falls below 28K, you can do dollar cost average at 24K, 20K and maybe you can get a chance to buy at 18K.

[FlamingFingers]

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .

I think we gonna fill the 28.8k CME gap then fill the new gap we create over this weekend and head up from there. I definitely don't mean to be a wet blanket on cryptos bonfire, but neither do I support promoting groundless hype. BTC is now strongly correllated with the US Stockmarket. While sentiment on Wall Street is negative, BTC won't break upwards to any meaningful/lasting degree.

[coolcoinz]

I can tell you why this is. It's all human psychology, nothing else!
People always overshoot with their predictions.  

When we broke 20k people were like "sky is the limit, welcome 300k bitcoin" and they were buying at 60k because they saw 100k around the corner and then if we were to hit that they'd still buy to get to 200k.

When we fell 50% people think it's over for bitcoin and we have to go back to the previous ATH of 20k, because we were doing that in previous cycles, so they aren't buying because they say to themselves that they'll buy at 20k.

It's just like in 2017 analysts, including the infamous Tom Lee were predicting 30k bitcoin and we fell at 20k. Then some other famous analysts like Tone Vays were predicting a fall to the previous ATH of 1k but we only fell to 3k. These guys are consistently wrong so don't listen to them and have your own plan.

[ChiBitCTy]

It’s kind of hard to understand what you’re saying here but I think I got your point.  This has always been the same way as any other assets. The stock market is no different. People panic in hard time but always try and take advantage of an asset performing well during up times. This is why dollar cost averaging is so important. Keep contributing the same amount over the course of time, this way you’ll hit both low and highs.

[Issa56]

No matter how bitcoin dump, I believe their are still lot's of people that won't buy, if bitcoin dump to around $10k, people will still be scared and they will endup say bitcoin is still going to dump more that's why some people wont just make money From bitcoin. Actually I won't advise anybody to buy bitcoin now or not to buy bitcoin now, if you want to buy, you do your research yourself and don't follow what I say, but currently am bagging more bitcoin now with any extral funds am having.

[Oceat]

No matter how bitcoin dump, I believe their are still lot's of people that won't buy, if bitcoin dump to around $10k, people will still be scared and they will endup say bitcoin is still going to dump more that's why some people wont just make money From bitcoin. Actually I won't advise anybody to buy bitcoin now or not to buy bitcoin now, if you want to buy, you do your research yourself and don't follow what I say, but currently am bagging more bitcoin now with any extral funds am having.

I believe some of them are still afraid of buying the dip because they think it will go down for more especially in bearish market. I can't blame them though but all they really need is knowledge of how to do some TA and FA but if they are planning for a long term investment then it should be fine to buy whatever price Bitcoin have.

Some people think when in ATH or bull run that's the time they could gain more profit but they never think of buying the dip then selling it back when it goes up. Perhaps they were scared that the price wouldn't go to as they would want it to go and that's the risk of investing Bitcoin.

[325btc]

30k based on ws data sheets strong support zone then low wick to shake out weak hands low wick to 25-27price range as its not easy push down btc price ws will use a lot money to push down btc price it will cost even more then tp push up prices.
Derivates yes

[Ziskinberg]

30k based on ws data sheets strong support zone then low wick to shake out weak hands low wick to 25-27price range as its not easy push down btc price ws will use a lot money to push down btc price it will cost even more then tp push up prices.
Derivates yes

Okay, let us assume that your analysis is right and the data that you have seen but, this could not tell what really gonna happen next. Those data are just a history of the past, we can't rely on them to make a read of the future unless it was proven that these institutions and whales control the future.

But yes, I have some faith that Bitcoins will never drop more. I have still in the confidence that Bitcoin price will remain above $25k, so if I am going to buy now, I have no worries in my mind that I am going to lose cause for sure Bitcoin will rise soon.

[Lanatsa]

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .

Everything could always be a possibility and this is the reason on why some people doesnt really make further step but rather waiting up for that possible price decrease or further decline which is lower on the current
price that we do have as of this moment.

Well, i couldnt blame them though yet anyone does have that experience that on the time that they had bought back and the price goes down even further then you would really be sticking out that kind of
impression that you wont be doing something like this in the future.

This is where it results on being that too hesitant on taking out some step or action on price declines like this which means it all matters or depends on risk-taking management for this part.