8 months low, no better time than now.

[Zlantann]

Every investor in Bitcoin understands the risk involved, except those are newbies or not getting the required information. There are predictions that it would still go down but for me I don't think so. Bitcoin has been holding up strong these few days, in fact it appreciated yesterday and today. Hence it is possible that we are at the end of this bearish session. Like we all know, it is a good time to start investing hoping that in few months or a year the price would increase and investors would be happy again. For now what is need is courage and patience.   

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[Pamadar]

Every investor in Bitcoin understands the risk involved, except those are newbies or not getting the required information. There are predictions that it would still go down but for me I don't think so. Bitcoin has been holding up strong these few days, in fact it appreciated yesterday and today. Hence it is possible that we are at the end of this bearish session. Like we all know, it is a good time to start investing hoping that in few months or a year the price would increase and investors would be happy again. For now what is need is courage and patience.   

yes, those who take their time looking for the reason how they can take advantage are well aware about

this investment, they are here to work with the market and aim to earn decent, except with those newcomers who have
been dragged without deeper understanding of how the market works, they can quickly lose their money by following
other speculations and prediction, but if they will do their own research, the chance is always good to learn more and
a possibility that they can earn too.

[Fivestar4everMVP]

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.  

it is absolutely imperative to know that all this anti Bitcoin crusaders are no more than the Banks, Governments of different levels, hard core Business men, just about anyone who feels threatened by the existence of Bitcoin, those who also feel that the existence of Bitcoin is a threat to their business in some sort, like the Banks and others....
This set or group of people are the ones campaigning against Bitcoin, Not actually the SEC, the SEC is just like a tool at the disposal of this evil men and women to use.
I remember one time the government of Nigeria banned Bitcoin and cryptocurrency trading in the country, Surprisingly, cryptocurrency trading apps were still found in the phones of this same government officials.
One thing remains certain, and that is the fact that Bitcoin has come to stay, it doesnt matter what anybody or government say or does, that will only bring a temporal decline in the price, after the storm, the sun will still rise and shine again.

[bakasabo]

Bitcoin is already low for 8 whole months. What a scary name of a topic. To bad people dont remember that after reaching a price of $20k in 2018, Bitcoin has been down for 2 years. 8 months, compared to this is still nothing. Everything depends on when you have bough your Bitcoins. Those who have bought it in 2017, dont understand what "low" are everyone talking about.

[virasog]

Bitcoin is already low for 8 whole months. What a scary name of a topic. To bad people dont remember that after reaching a price of $20k in 2018, Bitcoin has been down for 2 years. 8 months, compared to this is still nothing. Everything depends on when you have bough your Bitcoins. Those who have bought it in 2017, dont understand what "low" are everyone talking about.

This might be scary for those who have bought at high prices but it is a golden opportunity who always wanted to buy bitcoin at lower prices.

Some people are still not buying at under 20,000$ as they are anticipating 15k or less.  It's better to buy now because when bitcoin will reach new highs over 70k, it will not matter much if you bought at 20k or 12-15k.

[D ltr]

bitcoin's current value is probably the worst value over 2018 and maybe even worse. but confidence will rise again like in 2021 there must be so if you are sure then fill your portfolio 50% for initial capital if BTC returns to 60k$

just my opini about btc  right now

[error08]

More likely 18 months low, since the last time bitcoin climbed to $20k was in December 2020 and ramped up to ath at more than $67k in November 2021.
Considerable occurrences that happened this year such as the great fall of the Luna coin that raised concerns for many investors and governments, the Fed increasing interest rates, and the inflation rate increasing to 8.6% in the US which definitely has impact on the crypto market.
The time has come for bitcoin to re-enter the cycle that has fluctuated quite a lot, the price may hit the lowest at $17k this month but eventually will increase, don't panic selling and keep hodl.

[bakasabo]

Bitcoin is already low for 8 whole months. What a scary name of a topic. To bad people dont remember that after reaching a price of $20k in 2018, Bitcoin has been down for 2 years. 8 months, compared to this is still nothing. Everything depends on when you have bough your Bitcoins. Those who have bought it in 2017, dont understand what "low" are everyone talking about.

This might be scary for those who have bought at high prices but it is a golden opportunity who always wanted to buy bitcoin at lower prices.

Some people are still not buying at under 20,000$ as they are anticipating 15k or less.  It's better to buy now because when bitcoin will reach new highs over 70k, it will not matter much if you bought at 20k or 12-15k.

I would say that there is nothing scary for those who have bought at high if they open price graph. They can always ask a suggestion from those who have bought at $20k and waited 3-4 years before they get any profit. There are people who are into investing from very childhood. There are some who have bought stocks while they were in the university, and sold when they were in late 40s, and now quit their jobs. I know that holding and investing is not or everyone, but there is nothing bad when prices go down, when you know they always recover.

[AicecreaME]

"No better time than now" sounds like a FOMO statement. You can buy now but don't go all in. You will have a lot of time to slowly build your portfolio until the next halving.

....He always waits to buy at lows because he wants to see a reversal. When it reverses he never buys because he waits until it's confirmed, not a fakeout. Then he finally buys at the end of a bull market because it's finally confirmed to him and holds because he wants big profit - at least 100%. Then it corrects and he holds as long as he's in profit because in his mind it can bounce back at any minute. Finally he sells it all at a loss and goes into this state of depression where he doesn't talk to me for months. He suddenly appears when we're well in the next bull market to ask if he should buy because bitcoin is starting to look good again, and so it goes for the last 8 years, or so. Believe it or not, he first bought bitcoin in 2015 and after all these years made not more than 10%.  

There's something wrong with your friend. Is he familiar with trading? I think even a newbie trader would spot a consolidation phase which usually takes a long time before we enter a bull market.

I guess OP has chosen wrong set of words to what he is actually pertaining because I don't see any clear connection about his statements and the title he picked. This could cause FOMO for those newbies who aren't used to nature of bitcoin and other cryptocurrency yet. Indeed, there's still a lot of time to buy crypto. This bearish market won't end sooner and perhaps it would be a little later. Hence, it is a great opportunity for those people who are planning t enter and invest in crypto to actually make a research about what they are trying to get themselves into.

Regarding the mismanagement, miscalculation, and misinterpretation of someone's friend, it really does happen. Some people aren't just really that good in doing technical analysis that they fail to see what is ahead. Instead of profiting, some ends up losing. This is the unfortunate reality. Although this can be helped by enrolling to few lessons about trading. Since the quoted writer's friend has been into crypto for about 5 to 6 years and haven't grown his assets yet more than 10%, I guess there's something wrong with how he does things and it's a matter of time to change techniques and strategy on how he does trading for a positive change.

[ven7net]

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.  

It so happened that BTC is periodically scolded to knock it out of weak hands, and it can be said that they are good at it. Of course, you can say anything about BTC, but sooner or later the situation will change and I will again praise him and set him as an example. It has happened in the past, it is happening now, and it will probably continue in the future. The fact that now the price of BTC has gone down is, without a doubt, another attempt to lure coins from their holders. I think that those who have been on the crypto market for a long time understand that there have already been similar situations, and here you need to decide whether you keep BTC to the goal that you set yourself, or just sell it and leave the market. And to sit and live every hour, day or month is not a very good way out.

[boris singer]

This might be scary for those who have bought at high prices but it is a golden opportunity who always wanted to buy bitcoin at lower prices.

Some people are still not buying at under 20,000$ as they are anticipating 15k or less.  It's better to buy now because when bitcoin will reach new highs over 70k, it will not matter much if you bought at 20k or 12-15k.

Sometimes this is one of the things that is quite strange because if I see especially among my closest friends or friends they sometimes hesitate to buy bitcoin when they are experiencing a decline and this happened again some time ago when bitcoin broke at $17k but there wasn't much of it. bought and kept waiting but when they had gone up slowly and last I saw it was over to the new $21k figure there was a lot of people buying when they had a chance a few days before.
This is what often happens, it is true that the assumption of waiting at the right price can be said but I think when there is an opportunity why not use it well.
As for buying at a higher price, we can't do anything about it other than waiting and now we have to focus when we have money left over, why not maximize it properly?
Panic will only make us less confident in my opinion and this is clearly something wrong.

[Zanab247]

Every investor in Bitcoin understands the risk involved, except those are newbies or not getting the required information. There are predictions that it would still go down but for me I don't think so. Bitcoin has been holding up strong these few days, in fact it appreciated yesterday and today. Hence it is possible that we are at the end of this bearish session. Like we all know, it is a good time to start investing hoping that in few months or a year the price would increase and investors would be happy again. For now what is need is courage and patience.   

Yes you are right because the price will definitely increase higher when it is time for the price to move higher to allow both short term investors and long term investors to make a good profit. The price of bitcoin decreased for those that missed the opportunity to buy bitcoin when the price was $30k to use this period to buy a huge amount of bitcoin and hold for the price to move higher before they can sell to make a good profit.

[Piesel]

If you have been around for a while now you should be able to be used to this pattern of Bitcoin price movement and a large extent if you bought Bitcoin 2 years back you are still at profit and that is if you look at the price of Bitcoin from the investment perspective. But again one needs to get the track right to make the best decision, Bitcoin has always been volatile.

[Vaculin]

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 will always be attacks in bitcoin, and that will always be inevitable as long as bitcoin continues to become mainstream. But as history repeats, seeing what is happening right now has already been a scenario in the past, then we should not be triggered by the current downtrend as bitcoin will eventually recover when the timing is right and when the market is already stable. For now, enjoy the opportunities we have onhand, as we can never see them again once bitcoin price skyrocket again.

[ninis45]

If you have been around for a while now you should be able to be used to this pattern of Bitcoin price movement and a large extent if you bought Bitcoin 2 years back you are still at profit and that is if you look at the price of Bitcoin from the investment perspective. But again one needs to get the track right to make the best decision, Bitcoin has always been volatile.

we are just waiting for a pattern or 4 year cycle because a very significant bitcoin pattern will make its holders to be patient and not panic maybe for those who bought 5-8 months ago it is very felt for them when they see a portfolio that may have lost 70% of the price

[suzanne5223]

I believe the negative statement made about Bitcoin by some people shouldn't bother us much because some people are still naive about the concept of Bitcoin and it is easy for people to say negative things about what they truly don't understand. However, you shouldn't forget that in some cases some people do this just to cause manipulate the market and I hope the newbies are wise enough not to fall for all this strategy.

If you have been around for a while now you should be able to be used to this pattern of Bitcoin price movement and a large extent if you bought Bitcoin 2 years back you are still at profit and that is if you look at the price of Bitcoin from the investment perspective. But again one needs to get the track right to make the best decision, Bitcoin has always been volatile.

we are just waiting for a pattern or 4 year cycle because a very significant bitcoin pattern will make its holders to be patient and not panic maybe for those who bought 5-8 months ago it is very felt for them when they see a portfolio that may have lost 70% of the price

For the people that understand the 4-year cycle of the Bitcoin market who mistakenly bought during the ATH price, i believe they know this is not the best to check portfolio loss to prevent panic sell, and thats if they want to make peace with the market.

[Ale88]

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.

Considering what bitcoin was worth a few month ago $20k is a very good price. Maybe it'll go down a little more, I don't think below $15k anyway, at that point is it such a big difference? $5k are a lot of money, but compared to $67k...

[Joshapat]

Of course many are surprised because Bitcoin drops more than 35% within 8 days, many panic and sell with loss and regret because investment in Bitcoin, but in my opinion this is normal, when the price is cheap then it becomes the best opportunity to buy, don't sell because it is because Market immediately rising again.

[KaliLinux]

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.  

8 months low? I thought this was 18 months low right? We have never seen bitcoin going less than 30k since last December as far as i can probably remember. I am sure it is not because of this anti environment fallacy and definitely not because of fed doing some random things with dollar because if that would have been the reason I am sure bitcoin would have pumped instead of going down. It's just mere market manipulations that are going on and won't stop until there is some good bullish consolidation.

I believe Op was referring to the Bitcoin price from the last ATH which is actually more like 7 months as we can see however, I do believe that the price continues downward is more of the usual market manipulation even though we cannot rule out the Fed influence as well. The market witnessed new kinds of investors over the past year and most of these investors are more from financial institutions and are also quick to react to Fed news which can also negatively affect the Bitcoin price.

[Frengki_cisco]

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.  

What if there was a better time than it had been 8 months ago, will you regret it, if it turns out that Bitcoin is far from being seen any deeper.

I'm starting to think Bitcoin hasn't shown its authenticity for the past eight months, this is just a test run, according to my observations it's much worse.