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Author Topic: Bottom For Bitcoin?  (Read 936 times)
DoublerHunter
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June 16, 2022, 11:02:32 PM
 #21

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.
^ I cannot answer your first question asking about where is the bottom price of BTC, but I think we are in a dip and probably investing now is a good decision. When BTC will recover? Just stop selling, stop panicking, and stop looking at the price chart daily and never get FUD. That will help BTC that will recover, as long as no one gets panicked and sold, BTC will surely recover.
However, this is not new in BTC price history, if you look at the chart history, there is a massive dump but after a few months, it was fully recovered the price. Who knows if it will recover tomorrow, next week, or next month, just hold your breath and don't watch the market daily.
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June 16, 2022, 11:20:46 PM
 #22

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.
It is like a question for:
How is your life in the future?
because none will predict what will happen to us, whether we will have or do something as we expected or unexpected.
This also happens in the Bitcoin price. many people only can analyze the chart, and system, and also predict the probability of the price. However, this doesn't mean that the prediction will be accurate.
That is why we cannot be sure about in what rate the bottom price of Bitcoin. If you are going to invest in Bitcoin, why don't you do it by steps? not all in.

R


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June 16, 2022, 11:58:09 PM
 #23

Almost everyone are expecting to find the right answer of what was the bottom but seriously, no one could tell what is the bottom ever since the market started. But based dili on the chart and speculation, people are expecting that this $20k is the bottom already but some said it's the $15k but I think that's just too much considering how high the ATH Bitcoin have last year.

It's better to buy already whenever you see a dip because that might be the last time you will be seeing such cheaper price. We never know maybe tomorrow or next month Bitcoin price would be stable at $30k or so, at least you did what you could during the dip.

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June 17, 2022, 12:40:12 AM
 #24

I'm assuming the "Best" Time to invest in your opinion is when you can maximize the bottom? Then I suggest giving up, that's almost impossible to predict, if not impossible. It's also going to make you simply miss out on the investment opportunity if you keep looking for the "Best" time, I suggest just going in on dips, especially big ones like the one we have right now. If you're afraid of putting it all in, then just go DCA or invest in other types of assets such as stocks/land. I recommend DCA more though, up or down you're still investing which is a lot easier and less stress.

R


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June 17, 2022, 02:01:52 AM
 #25

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.
No one realy knows when the right time tho, even to those that claimed themselves as expert traders can also be wrong with their predictions. The thing is, when you think it's already in the bottom and hoping it begins to recover but it did not and the same goes when you think it will continue dumping but what happen is otherwhise vice versa. I'm not in a place to advice when to invest or wait for more dump, since it's that hard to predict. So, I myself gonna keep waiting tho and just watch where the market goes.
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June 17, 2022, 02:25:29 AM
 #26

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.
if you wait to buy bitcoin until the price is bottomed then I make sure you will never get that opportunity...

many predict the bitcoin price will not be below $25k or $23k but a few days ago the bitcoin price touched $20k. if you have more money then just buy bitcoin at the current price, you will not lose because the price of bitcoin is volatile and the market will definitely be bull again.



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June 17, 2022, 04:40:10 AM
 #27

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.
I think I've seen someone predicted that btc can still fall under 20k. There's also one that I see where he predicts 13k is the bottom. None of them is guaranteed though because they are only just a prediction. The only thing that you can do is to trust on yourself if which do you think because in the end it was still your own money. We have hit 20k last day right?

But, now btc is spotted recovering at 21k but it does not mean that it can continue. Movements of btc is totally unpredictable. Can't say that this is the best time to invest because there might be more dumps to come but this is a good time to invest since price is cheaper than last time.  You can do dca.

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June 17, 2022, 05:51:51 AM
 #28

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.
if you wait to buy bitcoin until the price is bottomed then I make sure you will never get that opportunity...

many predict the bitcoin price will not be below $25k or $23k but a few days ago the bitcoin price touched $20k. if you have more money then just buy bitcoin at the current price, you will not lose because the price of bitcoin is volatile and the market will definitely be bull again.
That's crypto sometimes things like that are unpredictable and we can see that Bitcoin is currently at $20k,
if talking to buy it might be much better to buy gradually and of course it's more effective,
I think it's time to buy and use this opportunity as best as possible to make a profit

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June 17, 2022, 06:07:30 AM
 #29

As we all know, we cannot predict it completely and we want to continue the belief in BTC. I think that's the best approach with BTC using dollar-cost averaging. You cannot time the market and it's still best to continuously buy BTC with it, it's pretty well known and you should be able to see how important that is for sure when you see the past experiences of buyers by that.

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June 17, 2022, 06:41:19 AM
 #30

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.

It is not possible to accurately predict the price of Bitcoin. But an investor can take a new position by looking at the history of the market, because the market must repeat its history, which Bitcoin has done in the past. So now Bitcoin can be bought for the future, because Bitcoin can be called an important area in the price area now. So it's hard to find out if it's Bottom, but it can be a good opportunity to buy Bitcoin and prepare for the next bull market position.

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masterrex
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June 17, 2022, 01:13:59 PM
 #31

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.

I believe we can only speculate about the possible scenario in the future because we cannot see it in advance, so I guess the best thing that we can do is to compare the data of previous bearish seasons from year to year, and then we can analyze it and give our prediction base on the available data.

Anyway, no matter what happens in the market I believe that Bitcoin will bounce back just like the old times and the best thing to do is to buy in the Dip and HODL.
Nrcewker
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June 17, 2022, 01:18:34 PM
 #32

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.

To be honest no one has seen the future.
All we can do is just give our predictions based on the calculations.
Seeing the trend, I guess BTC might fall upto 18k usd and then it will start recovering.
Once it starts recovering, it won’t stop until 50k usd. Nevertheless this is just an assumption. Anything can happen in between.
More regarding the investment thing, then my friend let me tell you that there is no perfect time to invest.
If by chance BTC starts increasing from right now at the current price, then you gonna miss the best buy time.
So if you have sufficient money, just buy as much BTCs as you can.

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..BUY/ SELL CRYPTO..
Iadegbola34
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June 17, 2022, 03:11:06 PM
 #33

No one can accurately predict the bottom for bitcoin. Best believe in your own research and ignore experts opinions or YouTubers. Best approach to take is to DCA your investing by buying at strategic lows where your analysis shows probably a bounce, then you won't have to worry about what the bottom will be.
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June 17, 2022, 03:36:10 PM
 #34

There are always people who are waiting for the best price. Someone regretted that they did not have time to buy bitcoin during the bull market, but now there are such eccentrics who are waiting for a cheaper price.

Often Buy and keep bitcoin for more than 3-4 years. History says that 100 percent of people who know how to wait, over a four-year period, remain in the black. So act now, you may not get a better chance.

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..BUY/ SELL CRYPTO..
virasisog
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June 17, 2022, 04:51:35 PM
 #35

There are always people who are waiting for the best price. Someone regretted that they did not have time to buy bitcoin during the bull market, but now there are such eccentrics who are waiting for a cheaper price.

Often Buy and keep bitcoin for more than 3-4 years. History says that 100 percent of people who know how to wait, over a four-year period, remain in the black. So act now, you may not get a better chance.

That's actually the common mistake of unwilling investors. They have the guts to regret it but aren't brave enough to take the risks when there's an opportunity to buy at a cheaper price. Others are still waiting for the bottom price which is still unknown and unpredictable when in fact, they can already accumulate Bitcoin now and still gain a good profit in the future.
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June 17, 2022, 06:04:56 PM
 #36

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.

Can not predict exactly but yes the correction prolonged as far as it could and hope it wont go much further, it would certainly be back on track marching forward. Bitcoin has gone down to the core from $64k to $20k. This is really disappointing to see but what to do. This is the nature of crypto currencies. This is the best time to invest to invest as much as possible on coins which are much cheaper and top in the market with good trading volume.

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June 17, 2022, 06:40:17 PM
 #37

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.

It is not possible to accurately predict the price of Bitcoin. But an investor can take a new position by looking at the history of the market, because the market must repeat its history, which Bitcoin has done in the past. So now Bitcoin can be bought for the future, because Bitcoin can be called an important area in the price area now. So it's hard to find out if it's Bottom, but it can be a good opportunity to buy Bitcoin and prepare for the next bull market position.
Yes, no one can predict the precise price of the Bitcoin market and it is also difficult to know if the market has reached its final bottom price but speaking of the history that you cited early.
History shows that during the market correction Bitcoin always loses at least 80% of its ATH price. If the Bitcoin market reproduces the same 4years market price we haven't reach the bottom price
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June 18, 2022, 07:45:49 AM
 #38

When most people are in panic and selling pressure is really high most probably the bottom is very near you cant accurately predict the exact bottom but buying at every dip is the best strategy here, 16,500 or even at 10k is very possible so be very careful before buying.

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June 18, 2022, 08:27:56 AM
 #39

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.
If you want to invest for the long term with Bitcoin, then I don't think you need to worry about the current base of Bitcoin because every correction that occurs is of course a momentum for us to buy some BTC at a cheaper price and make sure you use cold money because if you decide to invest Bitcoin in the long term you should be prepared to hold it until the bull market has returned and so that you will get the maximum return.

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June 18, 2022, 09:03:50 AM
 #40

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.
Now is probably the best time to invest in bitcoin but be careful as I feel the price hasn't bottomed out yet and can drop further. Maybe you can buy more bitcoin while monitoring the market situation so you know what to do. Bitcoin will recover, although we don't know when it will. We can only hope and try to have a lot of bitcoins to get big profits.

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