8 months low, no better time than now.

[Ojengonggu]

So much have been in the fore play in Bitcoin and to that a lot of issues have forced Bitcoin to behave in the current behavior, from sec calling Bitcoin an anti-environment and eco friendly even though we know all this are campaign of fallacy championed by anti Bitcoin crusader. 

Have seen this much low near $20k after a long time and the market sentiments are low but there is need for huge investments at this time for prices to rise above and for sure this is really good time for people to invest money into bitcoin.Have invested little what i have saved at around $25k and now just want to hold it for long term without getting worried and hope this overs soon.

$25 thousand I don't think it's a little money sir but I applaud the current market price sentiment you are really brave to buy that much bitcoin without you sharing it with several other altcoins but you only focus on one goal, namely bitcoin.
Hopefully you will always be patient in waiting for your profits that are in front of your eyes because the price of bitcoin has now reached the level of $20 thousand.

[Wexnident]

Currently entering the 7th month of ATH happening in Bitcoin prices continue to run below, with the high market cap that occurs in Crypto creating a lot of panic in various sectors which has an impact on Crypto price developments, then will crypto movements this year continue to experience a bearish market? Isn't now the best time to buy BTC at the current price? Because I have a good feeling if we are optimistic the price will bounce back.

Well if you think that we are in the bottom or near bottom then buy it the current price. Personally, I think the price could still go down, however, you wouldn't lose a sleep for buying at today's price of $20,400.

I don't think this is an issue to Bitcoin, we have heard this before and not that it will cause the death of BTC. We are in the bear market and it's bound for the price to plummet.

It's probably still going to go down. It going below $20k was probably a big FUD for investors, probably even those that have held on relatively well after Bitcoin went down from its ATH. I was relatively hopeful that it'd bounce back after that big dump from $30k to $20k (It's at $19k right now afaik) but it's still going down even now so I wouldn't be surprised if we touch $15k, so might be better to hold off those buying hands. Just hold it though and wait, we're bound to see a bullish trend sooner or later.

[Slow death]

the situation is very serious, now we are below $20.000 (to be more precise we dropped to $18700 and now we are in $19200), that way in a few days we will be in $10.000 and on the way to $3100 which was the big one years support when the price reached 20,000$ and dropped a lot to $3100, I hope that at least the price manages to recover and stays above $20,000 so that we avoid the big disaster of falling to $3100. That's why I think this is not the right time to buy yet, it's the time to observe what comes next in the next few days, if the price will fall further or if it will stagnate, in case it stagnates then it would be a good time to buy and place a stop-loss

[Japinat]

So much have been in the fore play in Bitcoin and to that a lot of issues have forced Bitcoin to behave in the current behavior, from sec calling Bitcoin an anti-environment and eco friendly even though we know all this are campaign of fallacy championed by anti Bitcoin crusader.  

Bitcoin will always be criticize negatively by bitcoin antagonists, regardless how bitcoin behaves in the market. Even if its bullish or bearish, those people will never stop throwing fake news about bitcoin, and i think its better to ignore them as they don't bring any significance in our lives. 8 months low? Just wait, there's more to that. Bitcoin will drop its price continuously to create big opportunities in the market, and when bitcoin recovers, those who only dare to buy and hold will always be the winners in the end.

[virtualdn]

So much have been in the fore play in Bitcoin and to that a lot of issues have forced Bitcoin to behave in the current behavior, from sec calling Bitcoin an anti-environment and eco friendly even though we know all this are campaign of fallacy championed by anti Bitcoin crusader.  

Bitcoin will always be criticize negatively by bitcoin antagonists, regardless how bitcoin behaves in the market. Even if its bullish or bearish, those people will never stop throwing fake news about bitcoin, and i think its better to ignore them as they don't bring any significance in our lives. 8 months low? Just wait, there's more to that. Bitcoin will drop its price continuously to create big opportunities in the market, and when bitcoin recovers, those who only dare to buy and hold will always be the winners in the end.

The naysayers are here to try make other people's life bad, but they only make their own like that. They are one of the most unhappy people on this planet. Poor guys. They must feel really bad.

[LegendaryK]

So much have been in the fore play in Bitcoin and to that a lot of issues have forced Bitcoin to behave in the current behavior, from sec calling Bitcoin an anti-environment and eco friendly even though we know all this are campaign of fallacy championed by anti Bitcoin crusader.  

The way the price is dropping , next week or next month or next year, could be alot better time to buy than now.
BTC price will not reach a stable point anytime in the next few weeks.

Case in point $18K just fell, and we are now in the $17K range.
Stupid time to buy with the price dropping this fast.

[Piesel]

Stupid time to buy with the price dropping this fast.

Look like a stupid time to buy but also the wisest time to buy if you sold at a higher price, one of the things I always tell newbies is to always separate emotions from Bitcoin and flow with the market speculation to cash in on the profits along any line be it upward line or downward line Bitcoin is a multi-dimensional asset so it can react in whichever way it seems fit.

[serjent05]

So much have been in the fore play in Bitcoin and to that a lot of issues have forced Bitcoin to behave in the current behavior, from sec calling Bitcoin an anti-environment and eco friendly even though we know all this are campaign of fallacy championed by anti Bitcoin crusader.  

Have seen this much low near $20k after a long time

It isn't near, it is below $20k.  The $20k support had been broken since yesterday.  So Bitcoin is now playing at a range of $18k-$20k  I hope it won't go any lower but some prediction says that price might hit $14k-ish price.

and the market sentiments are low but there is need for huge investments at this time for prices to rise above and for sure this is really good time for people to invest money into bitcoin.Have invested little what i have saved at around $25k and now just want to hold it for long term without getting worried and hope this overs soon.

Why not add more, today is a good time to lower your price entry.  Many traders do DCA to lower their entry points when the market crashes.  It is a good strategy to maximize profit and not miss out on buying opportunities.

[FlamingFingers]

Those who think that it's stupid time to buy despite the fact that bitcoin keeps dropping are wrong, no one can accurately predict the bottom, the best thing to do is to DCA, dollar cost average, no one can actually predict that bitcoin will reach the price it is today, as at few minutes ago it was trading at $17900, the price is totally unimaginable at this point in time

[Viscore]

So much have been in the fore play in Bitcoin and to that a lot of issues have forced Bitcoin to behave in the current behavior, from sec calling Bitcoin an anti-environment and eco friendly even though we know all this are campaign of fallacy championed by anti Bitcoin crusader.  

There is nothing new to that as bitcoin will always be attacked by those people who create fuds that will make bitcoin enthusiasts lost their faith in bitcoin. And as if we are triggered with this price decline that hits deeply the market, as we have been wanting it to happen eversince so we can start taking advantage of the market that will make us profitable when the market starts to stabilize.

[Ultegra134]

Those who think that it's stupid time to buy despite the fact that bitcoin keeps dropping are wrong, no one can accurately predict the bottom, the best thing to do is to DCA, dollar cost average, no one can actually predict that bitcoin will reach the price it is today, as at few minutes ago it was trading at $17900, the price is totally unimaginable at this point in time

You can't actually know or predict where the bottom is, however, I believe that Bitcoin will crash even further the following days. I don't have the budget to purchase now, nor the patience to wait for a potential recovery in the distant future. Don't be surprised if it hits $15.000 in the upcoming 48 hours, don't rush too much to make purchases now, there's a high possibility that you can achieve a way lower price.

[Desmong]

So much have been in the fore play in Bitcoin and to that a lot of issues have forced Bitcoin to behave in the current behavior, from sec calling Bitcoin an anti-environment and eco friendly even though we know all this are campaign of fallacy championed by anti Bitcoin crusader.  

I think their is people in charge of the market price that are manipulating the market. The way everything is falling is very surprising to investors and traders. I am very positive about the market even though the price of Bitcoin goes below $10k. I believe this had happens before and this is not the first time we shall be seeing this drastically fallen market. Let's stay positive and leave the market to do whatever it want to do. You know we can't stop the wave of the market.

[Wimex]

Most of the people who get involved in this digital world do not inform themselves in the correct way to be able to manage their money and thus obtain good profits, that is why they lose everything at the time of fluctuations. Bitcoin is designed for those who analyze and think strategically, who trust their decisions and hope for the best, not for those who lose hope with each setback. This asset is extremely volatile, it changes radically, so it is necessary to study the subject in depth, and keep an open mind to possible increases that take the investment to high standards. This opportunity that is presenting itself may not happen again, which is why I believe that you have to take advantage of it and know how to handle it.

[blackened515]

In general, times like these are good times to buy. If we look at the bottom of March 2020 we see that those who bought at that time, it was very profitable, and those who sold, did so at the bottom. The problem is that when it goes down a lot, you can't be sure that it won't go down any further. The fact that the price has not fallen from the previous cycle's peak (at least significantly and for some time) is not a universal law that cannot be broken.

The best thing to do is to make several staggered purchases at the level you consider cheap.

No time is regarded as the better or perfect, when it comes to the purchase of Bitcoin. It all depend on when the individual thinks it the best time for his/her to jump into the market. Because, we don't know if they price will keep on dipping. Although, the price is currently around $19k, and we shouldn't be surprise if it falls down to $18k.  However, that should not prevent us from purchasing  bitcoin. We just have to buy, and be patience.

[Nrcewker]

So much have been in the fore play in Bitcoin and to that a lot of issues have forced Bitcoin to behave in the current behavior, from sec calling Bitcoin an anti-environment and eco friendly even though we know all this are campaign of fallacy championed by anti Bitcoin crusader.  

The current Bitcoins price is best for some people.
From some people I mean the people who wanted to join the Bitcoins HODL club.
Now they are able to get the precious bitcoins in such a low price.
Yes it’s been months since we saw the price of Bitcoins in such a low mark, but still Bitcoins will bounce back.
It’s just another dump, which will eventually end.
So at this current price buy as much as you can and HODL.
Then at a later period of time sell in good price and enjoy great profits.

[TheGhostMan]

HOPE IS THE LAST THING YOU LOSE... in some cases, people who want to be part of this digital economy are not well informed or at least not well enough, so they end up losing investments or, in the worst case, , all. . . . Digital currencies in general or Bitcoin must be known how to handle them, analyzing and thinking well about the movements and above all having confidence in ourselves since a positive mind, positive results. Now, if you are one of those people who always think negatively and lose faith with every problem that arises, unfortunately Bitcoin is not for you.

This asset is extremely volatile, it changes radically because we don't know if the price will continue to go down or up. So we have to think with a cool head on every move and always have hope. From my point of view, this is an opportunity and we should take advantage of it by handling it well and, above all, be patient.

[FlamingFingers]

Alot of people are still afraid to buy, the panic meter says it all and it's realistic, they tend to jump in when the pump starts, no better time to buy than now, it has been truly programmed that people won't buy the dip. Any coin that survive during this bear season will pump huge during the coming bull season

[taufik123]

Alot of people are still afraid to buy, the panic meter says it all and it's realistic, they tend to jump in when the pump starts, no better time to buy than now, it has been truly programmed that people won't buy the dip. Any coin that survive during this bear season will pump huge during the coming bull season

Panic certainly hits everyone, but everyone's level of panic is different. Just look at the current crypto market is not doing well and the price drop crashes to the $17k area. The opportunity to buy crypto at a low price is already visible and some people take this part and some people are still panicking and don't dare to take risks. But when the market is bullish there will be a lot of FOMO going on. people who buy dips are those who have analysis or those who have spare money to continue buying bitcoin or other altcoin assets.

[justdimin]

It's probably still going to go down. It going below $20k was probably a big FUD for investors, probably even those that have held on relatively well after Bitcoin went down from its ATH. I was relatively hopeful that it'd bounce back after that big dump from $30k to $20k (It's at $19k right now afaik) but it's still going down even now so I wouldn't be surprised if we touch $15k, so might be better to hold off those buying hands. Just hold it though and wait, we're bound to see a bullish trend sooner or later.

I feel like there is a bit of manipulation going on along with the price drop as well. It doesn't mean that the price going down is just because of manipulation, but it doesn't feel like it is 100% natural neither.

I feel like there must be some people seeing the price going down, and having that side a bit heavier, and then taking advantage of the situation like it is nothing and just sell and short at the same time to make it even more profitable for them. We need to remember that there a lot of people with 10k+ bitcoins, you may not see it on wallets because they spread it into multiple wallets. So, they may try something like that for sure.

[hashrateproducts]

No time is regarded as the better or perfect, when it comes to the purchase of Bitcoin. It all depend on when the individual thinks it the best time for his/her to jump into the market. Because, we don't know if they price will keep on dipping. Although, the price is currently around $19k, and we shouldn't be surprise if it falls down to $18k.  However, that should not prevent us from purchasing  bitcoin. We just have to buy, and be patience.

Bitcoin is currently in serious dip which might not be a good time to buy because it's breaking all support and resistance level. Perhaps experts and analyst are still predicting that it might dip to $10k or even below. But I will start accumulating more bitcoins before it starts a bullish run up. Those who bought it at at $59k and $40k are in loss and hoping to get back their capital when Bitcoin shoots back to the moon. Bitcoin is also behind the crash and dip of other top coins like BNB and Ethereum. Let's say from few months from now, Bitcoin sudden bull run will shock everyone in the soace, so what's best is to HODL for long term.