Best time to buy or wait a little bit ?

[tigerwood0432]

Im buying now good amount , seems bottom reached , BUT i will keep 50% in cash in case bitcoin goes down further .

Im planning to buy btc price around: 19500$ at the time of writting .

Its DONE !

keep 50% of my money in cash in case it goes more down and get good average to put orders like this :

25% @ 15,000$

25% at 11,000$

will have a good average price

[Mr.right85]

I think that's the best way to go about buying. Not necessarily waiting on an unpredefined dip to become so pronounced but, to buy where you asthenia investor feels is best for you or to be dip enough. While, keeping some money to reinvest should further opportunities crawl out of the market by making further dips. Just waiting and waiting could lead to procrastination and so, you've just got to go with your guts.
A 50% banked cash, its a good one too. In times like this, new money into the market makes a lot of difference. Some swap between coins and feel they are investing and making a difference.  Well, it might be if the coin does more multiples than the formal else, it makes no difference. When it comes to introducing new funds into the market and you've bought a good coin, it makes a whole lot of difference.

Seems you specialise at being active during the bearish markets as, your last time of beng active on the forum dates back to 2017. Welcome anyways!

[tigerwood0432]

I think that's the best way to go about buying. Not necessarily waiting on an unpredefined dip to become so pronounced but, to buy where you asthenia investor feels is best for you or to be dip enough. While, keeping some money to reinvest should further opportunities crawl out of the market by making further dips. Just waiting and waiting could lead to procrastination and so, you've just got to go with your guts.
A 50% banked cash, its a good one too. In times like this, new money into the market makes a lot of difference. Some swap between coins and feel they are investing and making a difference.  Well, it might be if the coin does more multiples than the formal else, it makes no difference. When it comes to introducing new funds into the market and you've bought a good coin, it makes a whole lot of difference.

Seems you specialise at being active during the bearish markets as, your last time of beng active on the forum dates back to 2017. Welcome anyways!

yep long time not active on the forum only when markets crashes i come to lurk a little bit what is happening lol 


Thank you , wish you a good trading

[joeperry]

Your idea to buy a portion per major support or minor support is not a bad idea according to the resources and researches I've made from other traders, there is a possibility that it would still go around $15,000 and I think it is a good buy already considering that the previous price is around $60,000. You can get a cheaper Bitcoin, my actual goal is to have a few Bitcoins no matter how much their price would get.

[TheUltraElite]

Breaking down into buy orders at 15k and 10k would be my suggestion instead of 11k. But there is a chance that the market might swing back before reaching 15k itself because people are going to start buying. Depending on how long this current bear trend remains this end price might vary.

To be safe I think these are good enough prices to buy. However what happens to the money at hand? Dont end up with zero liquid cash at hand to spend on trading because lower than this prices are also possible in a real life scenario.

I think at this point, the main question remains how much to keep for even lower prices. My suggestion is not to overthink this and spend and just wait it out for the time being till the market flips back.

[mk4]

Not sure if buying through $4000 price drops is the best way to position your bids as the price difference is too far apart. As always, I'd say DCA.

[Lucius]

Im planning to buy btc price around: 19500$ at the time of writting .
Its DONE !

Not that I want to go into your private things, but yesterday the price was under $18k, and you're buying today for $19 500? They say it’s never the wrong time to buy BTC there are only better and worse moments, and now is definitely a much better time than 2 months or 2 weeks ago.

Waiting or buying now is a question that no one can give you a precise answer to, because few believed that the price could go this low - and who can say that it will not go even lower in the coming days or months? In any case, I do not see that your next targets are unattainable, although the question is how realistic they are.

[CapGelatik]

of course I can say clearly that this is the time we all have to buy altcoins,
why? look at the chart of this crypto market, everything is at the bottom, why be afraid?
I myself have bought $1000 on Ethereum and $1000 on SOL

[okorieemmanuel]

Im buying now good amount , seems bottom reached , BUT i will keep 50% in cash in case bitcoin goes down further .

Im planning to buy btc price around: 19500$ at the time of writting .

Its DONE !

keep 50% of my money in cash in case it goes more down and get good average to put orders like this :

25% @ 15,000$

25% at 11,000$

will have a good average price

Wise decision! Everyone is expecting a sudden retraction but bitcoin keeps failing on key support levels. Some indicators are already turning blue for a buy. Let's keep our fingers crossed and watch other fibonacci levels for support. I'm sure one will definitely hold

[Apocollapse]

of course I can say clearly that this is the time we all have to buy altcoins,
why? look at the chart of this crypto market, everything is at the bottom, why be afraid?
I myself have bought $1000 on Ethereum and $1000 on SOL

Eh what?
Buy those crap coins in bear market is really bad idea because shitcoins tend to lose it's value in bear market and long term, unlike Bitcoin who have good performance for holding in long term. You have been around this forum since 2017 where Bitcoin ever have a history of crash 80%, but you're buy shitcoins? lol.

My suggestion is to sell those shitcoins and convert it to Bitcoin, if you don't want to, then we will sooner or later those shitcoins will become dead coins.

[GatotKaca]

you have good purchase anticipation. you place a buy order that has a considerable difference from your first purchase. you get a good average buy price.
I just hope your target 3 is not achieved. because it means the market situation will get worse. if your target 2 is achieved and we will have a better season then you can immediately divert 25% of your remaining money to altcoins.

[GreatArkansas]

(.....)

25% @ 15,000$

25% at 11,000$

will have a good average price

If you are a little afraid, you can also split these percentages, try to split these both 25% to smaller percentages on different prices above the said prices so you will not regret if ever we will not visit anymore those prices.
To be honest, it's very difficult to identify the bottom, especially the perfect one. That's why it is always better to have a fund that is ready to buy at some price.

[0verseer]

(.....)

25% @ 15,000$

25% at 11,000$

will have a good average price

If you are a little afraid, you can also split these percentages, try to split these both 25% to smaller percentages on different prices above the said prices so you will not regret if ever we will not visit anymore those prices.
To be honest, it's very difficult to identify the bottom, especially the perfect one. That's why it is always better to have a fund that is ready to buy at some price.

Yup, if you're unsure, split your 50% to a smaller amount and DCA. I say the market right now is still bearish, it could go even lower than @11,000$ price so don't count on that.

[tvplus006]

...Im planning to buy btc price around: 19500$ at the time of writting..

Making purchases contrary to the global trend is a bad decision when investing. The fact that the price has broken through the high of 2017 and is trading under it does not inspire confidence that there has been a market reversal. Therefore, I think that soon you will need the remaining 50% of stablecoins for DCA.

[palle11]

seems bottom reached

At what point exactly  Yesterday, price dropped below $19k and now nobody can predict exactly when bull will return.

BUT i will keep 50% in cash in case bitcoin goes down further .

Yes this is a good strategy, like using martingale sort of. Hodling your coins in USDT is also advised incase of drop because if in bitcoin the drop will affect your value to purchase.

Im planning to buy btc price around: 19500$ at the time of writting .

Its DONE !

You probably would have been in profit if you bought yesterday. I guess it may be a thought you came up yesterday after price recovery below $19k. You would have put a pending order to trigger even when you are not there.

[kapalmabur]

if I were you and had capital, of course I would buy now, maybe I will use 70% of my capital to buy at this bottom price,
and if it still drops again, I will buy 30%, because I believe the price of Bitcoin has great support. strong at $15k to $18k,
so I'm really not worried about future losses, as I'm sure the price will hit new ATH in 2024

[tigerwood0432]

Not that I want to go into your private things, but yesterday the price was under $18k, and you're buying today for $19 500? They say it’s never the wrong time to buy BTC there are only better and worse moments, and now is definitely a much better time than 2 months or 2 weeks ago.

Waiting or buying now is a question that no one can give you a precise answer to, because few believed that the price could go this low - and who can say that it will not go even lower in the coming days or months? In any case, I do not see that your next targets are unattainable, although the question is how realistic they are.

i did not buy yesterday at 18k  because of the crash ,  i was affraid it will go dow further quickly , was waiting to see if breaks the 17k-18k support . then its started bouncing ,  MACD indicating HUGE oversold trend , so i waited for it to confirm . From 17.8k to  19.5k , was a good bounce confirmation for me . (we are still at very low levels comparing to 69k , the futures shorts orders will close soon )

Im at profit now 20.455 us$ and still remains 50% of my trading capital in FIAT . just in case

so I'm really not worried about future losses, as I'm sure the price will hit new ATH in 2024

Definitly we'll see new highs , more than 100k ? 200K ?.... . Bitcoin has limited supply , soon we will reach 21 million btc mined , there will be no more bitcoin left to mine .

[blockman]

Good luck waiting for bitcoin at those ranges. I'm not saying that it won't happen but if this recovery continues and then we're not going to see it happen anymore.
As it marks back to $20k, it still can plummet to those prices that you've set to buy the next 50% of yours. But if that won't happen, you better prepare a plan again and when you will buy at a higher price.

[goaldigger]

Doing averaging right now is a good idea since we can’t know yet the real bottom of BTC, and there’s still a chance for a cheaper price but at least you already secure some of the BTC if ever the price starts to recover again. Buying BTC and holding it is the best investment I’ve ever made and right now, I’m also waiting for a cheaper price, the bear is still strong so for sure dump can still happen.

[Issa56]

I think that's your decision to take, if you believe bitcon is still going to dump more, then you can split your fund and buy the way you planned, also if you believe bitcoin won't drop less than the current price, then you can buy at once but the fact is you won't catch the bottom and nobody knows how much lower bitcoin price will go. So i believe you should just do analysis yourself and buy the way you want.