Is anyone buying right now because they think we are at or close to the bottom?

[bitterguy28]

Bitcoin is at $19k right now and buying at this price is really not a bad idea for me. Many people speculates that we haven't reached the bottom yet and $13k is possible in this bear market. But the more people predict the bottom price, the more it is not likely to happen. Market is really unpredictable right now given that we are also in the midst of economic crisis so the best thing to do is just DCA to minimize the risk of losing money.

Buying at this price is good. The best thing to do is scalping, because even if the price makes a drop we'll be able to book our buying at the best price. It is good to make use of every market fluctuation to increase the holding. Because we're in the bear market and the upcoming bull move will surely make a good change in one's portfolio.

Though others are truly looking for the entering at the lowest price yet? what I  do believe is that there is no much better than to buy and HODL?

at least long term is what will save us all from losing in this kind of market , volatility really shows more now than being stable but at least if we will trust our instinct and holding? then yeah just but coins and keep it inside your pocket for a while.

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[Republikcoin.com]

Everyone always thinks that the price going back up whenever the price hitiing its lowest point of certain time span , where actually it could be a trap bull ... beware just beware , people tend to get tricked by these market situations ..

Instead bouncing back ... we could dig our own grave really deep.

Why do you even think so? Not every time there is demand and supply in the market, it will always make the price of any asset unstable and tend to change or in other words, decrease and increase. Because the decrease and increase are always very close like the ups and downs or like the day and night that are always there every day one after another. So what makes you think we can dig our own graves so deep?

[Maidak]

We know that bitcoin price prediction is impossible and just looking at the current price bitcoin is down about 60-70% from its ATH it can be said that this is a good price to start buying. Maybe there will be other drops but maybe we have bottomed out, who knows?  Don't try to find where is the lowest bottom, it won't work, you can buy anytime as long as you find that price matches your target then you can buy.

[Mpamaegbu]

To achieve the result of full bull market may take time, you can also hold for long.

The general expectation is that the next bull market will come after next halving year which will be in 2025. Halving is expected to take place in 2024. From observation, Bitcoin usually begins it's rally from the last quarters of the year preceding the halving year and then gets to a crescendo the year after halving. I saw that happen in 2017 after halving in 2016 and then in 2021 after halving in 2020. I do not see the next rally any different from what precedence we already have.

[lixer]

If you greed for more, then definitely you will miss the best price to buy.
If you are able to buy the coins at around 22k usd, the consider yourself lucky, as no better price can come for Bitcoins if you exclude this.
So it’s advised, buy as many coins as you can, and hold it for long term.
Then definitely after 2-3 months you will see massive profits in your wallet.
This is my suggestion only, now think and analyse and invest accordingly.

Those which are always hoping for the price of bitcoin to go down a little bit more before they buy are the ones which rarely do so.

At hearth they are afraid to make a mistake and buy bitcoin when its price is too high, so they hide behind this pretense they are waiting for the price of bitcoin to go any lower to buy it to hide their indecision, the current price of bitcoin is a great entry point and most of those which refuse to take advantage of it will regret it in the future.

There are so many people who say "I wish I bought bitcoin when it was lower" when the price reaches the peak, and when it is at the bottom like right now, they are nowhere to be found. This is the price they talked about, if they buy right now that means they are going to end up with a good result in the long run but they won't and that’s the trouble.

We should be buying right now when the price goes down, and right now it’s the bottom and they should be buying and we would be profiting at the end. Price will eventually go up again, I do not see a scenario where it would be staying low forever, as we all know bitcoin will go up, and that’s the importance.

[wxa7115]

If you greed for more, then definitely you will miss the best price to buy.
If you are able to buy the coins at around 22k usd, the consider yourself lucky, as no better price can come for Bitcoins if you exclude this.
So it’s advised, buy as many coins as you can, and hold it for long term.
Then definitely after 2-3 months you will see massive profits in your wallet.
This is my suggestion only, now think and analyse and invest accordingly.

Those which are always hoping for the price of bitcoin to go down a little bit more before they buy are the ones which rarely do so.

At hearth they are afraid to make a mistake and buy bitcoin when its price is too high, so they hide behind this pretense they are waiting for the price of bitcoin to go any lower to buy it to hide their indecision, the current price of bitcoin is a great entry point and most of those which refuse to take advantage of it will regret it in the future.

There are so many people who say "I wish I bought bitcoin when it was lower" when the price reaches the peak, and when it is at the bottom like right now, they are nowhere to be found. This is the price they talked about, if they buy right now that means they are going to end up with a good result in the long run but they won't and that’s the trouble.

We should be buying right now when the price goes down, and right now it’s the bottom and they should be buying and we would be profiting at the end. Price will eventually go up again, I do not see a scenario where it would be staying low forever, as we all know bitcoin will go up, and that’s the importance.

Those people do not really understand the concept of risk management, they look at a chart and see the previous bottom and top and they hope to both buy and sell respectively at the optimal spot for them in the future, and this is simply not possible.

Anyone buying right now is taking a risk, since the price could always go down even further, but it is a calculated risk as there is not a lot of room for the price of bitcoin to keep going down, while the upside potential during the next bull run is massive, so it is easy for us to take the decision to buy now as the risk is at a very acceptable range.

[bounceback]

Is there anyone buying right now because they think we probably will not go much lower and don't want to miss out at these low prices?

Yes I bought it during the recent bitcoin price drop because I thought the lowest bitcoin price would stay in the $17k-$18k area until the end of the year but I bought it gradually because using this method maybe we can get a lower price if the price suddenly drops deeper so I will still have the capital to buy it again at every low price by applying that method.

[EarnOnVictor]

We know that bitcoin price prediction is impossible and just looking at the current price bitcoin is down about 60-70% from its ATH it can be said that this is a good price to start buying. Maybe there will be other drops but maybe we have bottomed out, who knows?  Don't try to find where is the lowest bottom, it won't work, you can buy anytime as long as you find that price matches your target then you can buy.

There is nothing impossible to predict in the price of Bitcoin, I do this more accurately most times, it's all about speculating through the right means. You might use the economic and/or technical analysis that is good enough for you with a high degree of success. And based on my last analysis of long-term disposition, Bitcoin has been bearish this year and still remains in the bearish outlook on the larger charts but might have also bottomed for the year at $17625.00.

It is however good for aggressive holders to be buying the coin now, but I must advise them to opt-out if $17625.00 is breached lower as it might trigger more bearish reactions afterwards.

[OgNasty]

Plenty of signs are popping up that we are at or near the bottom.  Is this the absolute bottom?  Maybe not.  I personally think that we're more like the $6K range in 2018, but with futures playing a role in the market now it may be "different this time."  Still, the timing of the 4 year cycle is screaming that we're at the bottom, as well as several charts I keep seeing posted around social media.  I am in the camp that it's time to be buying and if it dips down to $12K, I'll be buying more and advising others to do the same.  I think the risk/reward scenario currently being shown by the market says that now is a good time to be buying, regardless if we hit $12K in the near future or not.

[freedomgo]

Bitcoin has decreased significantly. It was bull market before, then followed by a significantly bear market. What next after a significant bear market? Bull market would follow.

To achieve the result of full bull market may take time, you can also hold for long.

If you aim for huge profits in the future, of course you will take the risk investing in this bear market because it would be the best entry for investments. So buying bitcoin and long term hodling is the best thing to do because when the bull market turns over, it’s always bitcoin that will surge high and skyrocket compared to altcoins in the market because they simply follow the path of bitcoin.

[milewilda]

Bitcoin has decreased significantly. It was bull market before, then followed by a significantly bear market. What next after a significant bear market? Bull market would follow.

To achieve the result of full bull market may take time, you can also hold for long.

If you aim for huge profits in the future, of course you will take the risk investing in this bear market because it would be the best entry for investments. So buying bitcoin and long term hodling is the best thing to do because when the bull market turns over, it’s always bitcoin that will surge high and skyrocket compared to altcoins in the market because they simply follow the path of bitcoin.

Just to have some common sense then on what time or moment you would be considering on buying? When the market is going on ATH's? Its never been a sensible thing to be done.
Of course we would really be finding the cheapest price as possible and we could only make this these or decide to buy when the market is on bear mode or on dumping state which
we could really able to utilize these market conditions for us to get in on the cheapest price as possible.Once the market do make out some recovery then profit making
would be the next one. Believing of possible bottom? Majority been eyeing on 12-14k but it seems we arent that going that low.

[philipma1957]

Plenty of signs are popping up that we are at or near the bottom.  Is this the absolute bottom?  Maybe not.  I personally think that we're more like the $6K range in 2018, but with futures playing a role in the market now it may be "different this time."  Still, the timing of the 4 year cycle is screaming that we're at the bottom, as well as several charts I keep seeing posted around social media.  I am in the camp that it's time to be buying and if it dips down to $12K, I'll be buying more and advising others to do the same.  I think the risk/reward scenario currently being shown by the market says that now is a good time to be buying, regardless if we hit $12K in the near future or not.

as long as you can do a weekly dca move all of nov and dec and of course oct.

Ie 2 + 4 + 5= 11 buys a week apart. should be decent enough.

Me I am buying mining gear (s19s) and US I bonds at 9.62%

[Sanitough]

Is there anyone buying right now because they think we probably will not go much lower and don't want to miss out at these low prices?

I am not talking about people who are averaging down or doing their weekly small bitcoin purchases, I am talking about people who are actually converting their cash into serious bitcoin holdings, or increasing their bitcoin holdings by a large amount.

There are always opportunities every time the market value drops as it’s the perfect time to buy and hold for future profits. So it’s not a surprise if people will come into the market and increase their investments because they always look for long term profiting. And if you aim for that, now is the best time to invest and just hold your patience and always be motivated with positivity because that will help you to get through throughout the bearish market.

[Oceat]

Bitcoin has decreased significantly. It was bull market before, then followed by a significantly bear market. What next after a significant bear market? Bull market would follow.

To achieve the result of full bull market may take time, you can also hold for long.

If you aim for huge profits in the future, of course you will take the risk investing in this bear market because it would be the best entry for investments. So buying bitcoin and long term hodling is the best thing to do because when the bull market turns over, it’s always bitcoin that will surge high and skyrocket compared to altcoins in the market because they simply follow the path of bitcoin.

One thing that will push Bitcoin price to the top is not just the demand or supply but it's the halving cycle of coin and when the whale started to make a move that's the time hoarders will start to FOMO that would basically create a pump/surge in the market. But for now, it's not yet the right time to sell and people should buy now instead of waiting the bull market to kick in if they want to invest for long term. Waiting for this chance to buy a cheaper price isn't always present but it's always in the market longer than the bull run so how come people won't buy now instead they buy during the bull surge?

[kotajikikox]

Yeah thats me , I kept  my funds at least semi long term or will never decide to sell in losses , have been in this strategy for years though at one point when there is a emergency needs for funds? yeah i did sell my coins at small losses but did a recovery in the next year come.

If you sell assets because of an emergency need or need funds suddenly, I don't think it's a mistake even though there must be a small loss to be borne. Because the important needs for life are the main things that must be met before meeting other needs. So you actually don't make a mistake by selling a small loss because you can still get a recovery in the next year on the remaining assets you have.

of course that emergency comes from time to time but at least we must have extra  funds standby so in this cases we have something to take on though limitation is there so in time of bigger needs then yes its ok to sell some or even all but must be ready to buy again once there are available funds to risk again.

We know that bitcoin price prediction is impossible and just looking at the current price bitcoin is down about 60-70% from its ATH it can be said that this is a good price to start buying. Maybe there will be other drops but maybe we have bottomed out, who knows?  Don't try to find where is the lowest bottom, it won't work, you can buy anytime as long as you find that price matches your target then you can buy.

it is 60-70% drop and yes this can be acted rightful by buying now instead of feeling sorry for our losses because of drops.

[Chato1977]

I don't buy because this is close to bottom , but I am buying because I believe i will earn in the future , and also I know that I have enough funds to risk now.

the funds I have available are the extra money I earned in my outside job so there is nothing to lose at all.

[Don Pedro Dinero]

I don't buy because this is close to bottom , but I am buying because I believe i will earn in the future ,

At first sight, what you say is paradoxical, because if you believe that what you buy now will give you returns in the future, it is because it is cheap now in relation to future prices.

I also accumulate now. In fact, people with money know that these bear markets are the best times to buy. The price has been for a long time in the area between 17 and 22,000 USD, which for me indicates strong support, and in the medium term we can only go up.

[Chato1977]

I don't buy because this is close to bottom , but I am buying because I believe i will earn in the future ,

At first sight, what you say is paradoxical, because if you believe that what you buy now will give you returns in the future, it is because it is cheap now in relation to future prices.

Yes it is , but i am here tobuy and not to expect earning at least this soon , I mean I trust to be profiting but in the long term things that I believe different from what OP is pointing.

I also accumulate now. In fact, people with money know that these bear markets are the best times to buy. The price has been for a long time in the area between 17 and 22,000 USD, which for me indicates strong support, and in the medium term we can only go up.

indeed, the lowest we had since the last Year ATH so buying now is much safer compared to the prices in the beginning of this year or the next.

[peter0425]

If i were to buy , I will still choose the bottom and I believe that this is one of the best timing now , price are truly at low comparing to what we had in the last year Bull market.

Maybe seeing this opportunity will add flavor to our strategy , Buy low and sell high.

[Finestream]

Well, it is not a question if people buy because of thinking about the bottom is coming but certainly, because they are thinking that this is an opportunity. Perhaps, the idea that we have been using before "buy low and sell high" is really effective and obviously, this is what we applied.
It is people simply think that buying today will give them profit when the market is in bullish again. And it was a mindset now, especially for long-term investors and have an experience in the pass bull season.

Everyone always thinks that the price going back up whenever the price hitiing its lowest point of certain time span , where actually it could be a trap bull ... beware just beware , people tend to get tricked by these market situations ..

Instead bouncing back ... we could dig our own grave really deep.

Bull trap is not new to us, and maybe newbies also have learned from it as well. But since bull trap is quite inevitable, then doing DCA would be the best thing to do. We can always accumulate coins every time the price drops. And since we are still facing the bear season, then it’s always a good opportunity to buy this time and hold them for long term profits.