Now is the time to just wait for the price of Bitcoin to come down.

[AakZaki]

If we want to have the lowest possible DCA, we can invest during the Bitcoin market's lower lows.  This way we can say we bought at every  Bitcoin's Dip.  We don't need to wait for Bitcoin to hit the bottom which is highly unlikely for us to predict.

For me this is very difficult, you cannot guarantee when the dump will continue. There are also a lot of people telling that when Bitcoin started to dump below $20,000, it will again visit the $13,000 level or worst the $10,000 level.

That is why the majority of the reply here is to DCA.  We don't need to guess for the bottom, it is an automatic buy if the price of Bitcoin hits lower than the previous lowest price.

and the most important thing is how much money you have in reserve. DCA requires a reserve of money that has been prepared, if there is no reserve of any money, wait and be patient.
Buying bitcoins at the price Dip on every drop would be better, rather than having to wait for bitcoin to drop more and keep going down. What is certain is that after the decline there will be an increase, the bull market will also come soon.

[Iranus]

I can say I'm party agree with you because the bottom of the price is not clear yet and there is no sign to say the bearish market is going to be over. all we can do during this time is to just watch the chart and wait for a significant signal of change in the market from bearish which is not going to happen soon. because of many factors and the index of fear and greed says that there is too much fear in the market and since we are facing this situation we must just wait for the price to find the button and be ready for another wave of bullish price movement.

Although fear factors and index of fear suggest that the market is still in a bearish phase and shows no signs of ending, but you should also keep in mind that bitcoin's movement cannot look at those factors that can accurately predict how bitcoin will move, we all know it's impossible to accurately predict bitcoin.

Alternatively, Bitcoin has dropped more than 70% since the ATH, we do not need to buy it all at this price, but we can buy it with dca so we don't have to miss a thing if the trend suddenly reverses.

[famososMuertos]

hi, OP;
Well you mention December and 2020 but for fans crypto and strangers the crypto market or bitcoin has always been collapsing...

I understand your point but you bring it to tell us or to discuss it, sometimes expressing our thoughts about bitcoin does not necessarily generate discussion, I feel that you are giving advice.

anyway!

Sometimes it's not just saying buy low (what price?) for me buying low is any price below the last ATH or not?

[TheUltraElite]

Although fear factors and index of fear suggest that the market is still in a bearish phase and shows no signs of ending, but you should also keep in mind that bitcoin's movement cannot look at those factors that can accurately predict how bitcoin will move, we all know it's impossible to accurately predict bitcoin.

Prices are touching 20k back showing the upward trend, possibly the bear trend is ending gradually but it will take time to overcome the resistance at the 21k USD level. Of course the recovery will be a rule, but the point is to hold through the bear market before wrongly stepping into the direction of panic selling.

Alternatively, Bitcoin has dropped more than 70% since the ATH, we do not need to buy it all at this price, but we can buy it with dca so we don't have to miss a thing if the trend suddenly reverses.

Fractional buying is what I suggest to every newbie. No need to go all in and further spending all your allocation on a single prices reduces your flexibility to sell at different points during a cycle.

This is specially a thing when the price is falling and you are buying, you will always end up with some fiat at hand to buy even at the lowest low.

[bitzizzix]

The bottom line is that there is never a bad time to invest or buy bitcoin during a downturn, and the challenge is determining when you intend to sell your bitcoins.
and never invest more than you can afford to lose, and now is the right time to make a purchase and although DCA is a great way but I think it is best to buy when you have extra funds and do it gradually as long as the downturn occurs and Hodl to long-term.
it's hard to wait for the lowest price at the right time because bitcoin is not easy to predict because of the decline that occurred due to several factors, and currently the bitcoin price decline is around 70% more, and considering the decline before ATH happened was 85% I think bitcoin price will still go down before reversed direction towards the new ATH which was previously high. We have to be patient because as long as we do it in the long run bitcoin never disappoints.

[|MINER|]

Snip

I think there was some wrong information in your post .Cause in the last 2020 and begining of 2021 the market is turning to the bull-runn. If you see the chart of btc it's touch the highest price on November 2021. Can say the market is collapsing at the end of 2021.
There is one more thing nobody can't guarantee that tomorrow market will pump or down. And I think the market is already in a downward. I think if anyone invest in btc now he can profit atleast 2x after the bearish . So you can also call that this is the perfect time for investing

[darkangel11]

When most people tell you that it will go down from here it probably won't at least not straight down without a fake reversal. The majority can't be right because the majority never makes money on the market. If enough people turn bearish and short bitcoin whales will makes sure to squeeze them and make them lose everything.

The best strategy with bitcoin is not trying to catch the top or the bottom but start buying time it halves in value and selling every time it doubles the last ATH. Don't sell or buy everything but go slow and use 30% of your money every time it halves.
Following this strategy in 2018 you'd buy at 10k, 5k and have another 25% in case it goes to 2,5kUSD but it never did. In this bear market you'd buy at $35k, $17.5k and have another 30% waiting in case it goes around 8.5k.

[isaac_clarke22]

~

It has been like that. I cannot quite recall the exact post of that Reddit post, but there was a saying that if the first best time to invest was like many years ago then the second time would be like right now. That hit me hard and was quite an eye-opener for people that are keeping on asking when is it the best time to invest in Bitcoin. It is obvious that the price might never revisit the price as it was back in 2013, and that is why  people should take advantage when Bitcoin hits its lows.

[tranthidung]

Following this strategy in 2018 you'd buy at 10k, 5k and have another 25% in case it goes to 2,5kUSD but it never did. In this bear market you'd buy at $35k, $17.5k and have another 30% waiting in case it goes around 8.5k.

Good strategy that does not require you to time the market and to find its bottom.

Dollar Cost Averaging is a very good strategy in bear market because if you have belief that bull market will come back, matter is whether you spend whole of your capital for investment into Bitcoin as you wanted. Average price for your investment is important. You can use 50% of capital to buy at $20k, 25% at $15k and 25% at $10k, assume all these prices will be touched in bearish months.

You don't have to stress your eyes and spend lot of time to find market bottom. You don't have to worry to miss its bottom. Maybe your average price will be higher or lower than in perfect case you time in the market, but DCA makes your life more easily.

[Hyphen(-)]

The cryptocurrency market has been collapsing since December 2020. In the meantime, one unfortunate incident after another has hit the market. The frustration is even more evident in the way various unfortunate events are happening around the world. The war in Ukraine, for example, has led to inflation in many countries. It is difficult to say when the market will see the light of day after overcoming these problems. For those who want to invest in cryptocurrency, or have already invested and want to avoid losses, there are several things to keep in mind, as different people have different opinions about where the crypto market may turn in the future. Many are hopeful that the market will turn around by the end of this year. If you have to invest, you have to wait a few more days. Because if you invest in a downward market, you will get a lot more profit.

This is an opportunity for new investment; investment at this time will yield good profits after a while if the market returns to its normal stage; however, keep in mind that just because you invested now does not mean you will be profitable in a very short period of time, because the nature of this bear market appears to be for a long time; it may reach the end of this year before fully recovering. For new investors, keep in mind that there is a high risk associated with crypto investment, so "invest only what you can afford to lose."

[Za1n]

Following this strategy in 2018 you'd buy at 10k, 5k and have another 25% in case it goes to 2,5kUSD but it never did. In this bear market you'd buy at $35k, $17.5k and have another 30% waiting in case it goes around 8.5k.

Good strategy that does not require you to time the market and to find its bottom.

Dollar Cost Averaging is a very good strategy in bear market because if you have belief that bull market will come back, matter is whether you spend whole of your capital for investment into Bitcoin as you wanted. Average price for your investment is important. You can use 50% of capital to buy at $20k, 25% at $15k and 25% at $10k, assume all these prices will be touched in bearish months.

You don't have to stress your eyes and spend lot of time to find market bottom. You don't have to worry to miss its bottom. Maybe your average price will be higher or lower than in perfect case you time in the market, but DCA makes your life more easily.

Yep, this is the way...

DCA is the proven method over time, but I wouldn't even do as big of chunks as you suggested. Put in a little each month, that way you can buy even more if and when the price moves lower.

Myself I don't think the bottom has been hit yet, it will probably go under $18k at some point, but even so DCA is the way.

[cloudfir3e]

Is it true that the price of bitcoin will drop even lower?
Meanwhile, many investors or bitcoin holders hold them and do not sell even though the price is experiencing a decline.
Don't forget also that bitcoin has a very limited total supply so it can prevent a significant drop in price.

[laurenB7742]

Snip

I think there was some wrong information in your post .Cause in the last 2020 and begining of 2021 the market is turning to the bull-runn. If you see the chart of btc it's touch the highest price on November 2021. Can say the market is collapsing at the end of 2021.
There is one more thing nobody can't guarantee that tomorrow market will pump or down. And I think the market is already in a downward. I think if anyone invest in btc now he can profit atleast 2x after the bearish . So you can also call that this is the perfect time for investing

The time for investing is now and we do not need to wait much longer, as you said no one is able to predict whether bitcoin will increase or decrease tomorrow. Bitcoin has dropped from $69k to $20k, obviously the price is too good to start buying, you will regret if you keep waiting. Buy bitcoin with different times when bitcoin drops more each time. we'll start buying at this price until bitcoin bottoms out. We won't have to miss a bottom here.

[KingsDen]

. If you have to invest, you have to wait a few more days. Because if you invest in a downward market, you will get a lot more profit.

How many days are we waiting? Don't just say few more days, mention the days for us, so that when it's exactly that day we will all invest.

What if before the day, bitcoin takes off? All I know is that we are in the lower region of bitcoin, stop the wait and stop it for good. Start DCAing, because if you wait and bitcoin reaches $14k, you will wait for $10k. After few more days you will wait for $5k and maybe go and wait for it at $1k. Those are excuses, if you keep waiting you cannot buy again, or you will end up buying another high.

[TheUltraElite]

The time for investing is now and we do not need to wait much longer, as you said no one is able to predict whether bitcoin will increase or decrease tomorrow. Bitcoin has dropped from $69k to $20k, obviously the price is too good to start buying, you will regret if you keep waiting. Buy bitcoin with different times when bitcoin drops more each time. we'll start buying at this price until bitcoin bottoms out. We won't have to miss a bottom here.

I agree, prices are dropping once again, today it is touching 19.5k USD and is dipping further. The bear market is continuing and hence these are the times to buy or wait it out for those who have already ran out of liquid cash. In all due time, prices will go back upwards again and once that happens, we can start selling what we bought during the bad times.

People will complain at any price they see, it is human nature:
During bull markets - they complain of too high prices to buy, when they are actually supposed to sell.
During bear markets - they complain of too low prices to sell, when they are actually supposed to buy.

Trading if done in this binary manner, is simple.

[landheer]

Indeed, there are many investors who wait for the price of bitcoin to reach the lowest price point, and after touching the lowest point they will immediately buy it, but in my opinion, predicting the price of the lowest point is difficult to predict. sometimes we will miss a good moment of opportunity if we think too much about buying at the lowest end point, sometimes we haven't bought it, suddenly the market goes bull, and finally we miss a good opportunity.

[Reatim]

The cryptocurrency market has been collapsing since December 2020.

In what part of the world have you get this? crypto market is COLLAPSING ? lol since when that you learn crypto? for you to say about the collapse when in the former years there have been more bad than this season?

In the meantime, one unfortunate incident after another has hit the market.

which are those? because there are so many incident that happens in the past.

The frustration is even more evident in the way various unfortunate events are happening around the world. The war in Ukraine, for example, has led to inflation in many countries. It is difficult to say when the market will see the light of day after overcoming these problems. For those who want to invest in cryptocurrency, or have already invested and want to avoid losses, there are several things to keep in mind, as different people have different opinions about where the crypto market may turn in the future. Many are hopeful that the market will turn around by the end of this year. If you have to invest, you have to wait a few more days. Because if you invest in a downward market, you will get a lot more profit.

this war is now part of the system and i think that this does not bother things at all now because there are things that need to be consider .

[Thara20]

It may not be the best idea to further wait for bitcoin to dip down lower and then invest. So far in 2022, bitcoin's price has been on a low anyways, and no one can say when it can suddenly take off. Nor does anyone know when the price will hit the bottom of the downtrend. If you want to invest, this is a good time to do it.

[TheUltraElite]

It may not be the best idea to further wait for bitcoin to dip down lower and then invest. So far in 2022, bitcoin's price has been on a low anyways, and no one can say when it can suddenly take off. Nor does anyone know when the price will hit the bottom of the downtrend. If you want to invest, this is a good time to do it.

Bitcoin price is trying to edge upwards from now as far as I saw, compared to my last post in this thread - that bear trend did not take off as I was expecting. I assume there is a lot of buying pressure to prevent that from happening. As we go downwards, the buying pressure keeps on increasing and hence the market can bounce back.

While there are chances that we might dip again, the price has touched 22k and upwards of sideways is the only two ways to go for now. If the price dips, we will have to wait before starting to buy again.

True this year has been bad for bitcoin price gradually dropping to lower levels, but there are historical buyers at lower levels, so you can sleep soundly.

[Nrcewker]

It may not be the best idea to further wait for bitcoin to dip down lower and then invest. So far in 2022, bitcoin's price has been on a low anyways, and no one can say when it can suddenly take off. Nor does anyone know when the price will hit the bottom of the downtrend. If you want to invest, this is a good time to do it.

I too completely agree on your suggestion.
I have seen many people are underestimating Bitcoins capabilities, and hence they will regret later on.
I would suggest that this is the perfect time to buy Bitcoins. If you have some savings and want it to invest in for something long, then buying BTC at this point will be an ideal decision.
Soon the bear market will end, and BTC’s price will skyrocket. So yes buy before it’s too late.