The real bottom is yet to come of BTC

[posi]

This time is different from the other, we are in recession. All macro factors there to downside the whole shares and crypto.

There will be more bottom ready. 13000-10000$ range is the golden. Lets DCA after 15K

I've started doing DCA after it hit $17k yesterday and $16k. And I'd still do DCA, especially if the price drops to $15k because that's a good moment to buy more bitcoins. I also think that the low price of bitcoin could be at $10k but maybe it could be above $10k and below $15k. But whatever it is, if the price drops, it's a fair price to buy and we have to prepare a certain amount to buy it and then hold it for a while. Buy as much as you can afford and stay within the limit you can afford because you have to split your money to buy at another low price.

The best thing we can do at this point is to make sure we buy, buy and buy some more. Honestly, I don't care too much about the bottom of bitcoin or when the bear season will end. The only thing that concerns me right now is that I don't have enough money to buy bitcoin at the moment because I believe that no matter how much more bitcoin falls or the bear season lasts a few more years bitcoin will recover and hit new ATHs after that. It would be a shame if I didn't have a lot of bitcoins in my pocket at the time.

[hugeblack]

Such thinking will not bring you real profits. Waiting to try to buy at the bottom, and waiting until the verification of the bottom may make you lose the journey on the train, despite the possibility of buying close to the bottom for $3,000, so what is the difference between $16,000 and $13,000?

DCA's principle means that you exclude the price as a criterion and make the most important factor is time.

[passwordnow]

If you are waiting for the price to fall, you can say that you are buying dips, if you can buy with DCA while you have money and you have to do it at any price, don't wait for the price to go down, so make a purchase today, then if the price goes up, you will still buy to be able to accumulate bitcoins in the future but with DCA you can make purchases once a month.

In my opinion, this effort is still good, rather than waiting for an uncertain price, it is true that doing it from now on is better than waiting for $10k or $13k.

Yes, that's the purpose of DCA. No matter what the will be the price as long as you've got a budget in doing it, you'll buy no matter the price is and that's in your plan until you think that you've got enough already.

If you've got a lot of money waiting in your hand and ready for the DCA way of accumulating Bitcoin, I rather invest it now than wait for the corrected price.  Who knows the price will not reach the buying point that you expected but instead it starts the resistance after a small correction, it might you will miss the buying point in this case.

IMO, it's good if you will buy Bitcoin and hold it for a long period of time, aim your profit goal.
There's no clear prediction when the perfect entry to purchase Bitcoin or waiting at the bottom will come.  However, I didn't against the DCA way of purchasing Bitcoin but it will need time for you to have a perfect buying point.

That's why DCA is a good strategy that we must all do. Those that can't wait for the prices to go down but has got enough money ready to invest, can buy it at the current price. And I'm sure that they're also planning to go long term so basically, they're just buying early before the bull run comes again.

[Ararbermas]

Its happening since day one mate, wherein it keeps searching for a strong bottom level until now because of some weak hands that keep selling despite of the situation, So expect there will be more bottom price in the future especially if there's no positive news about bitcoin because even it already showed a small progress in the past few days surely there's still a possibility that it will make a correction again in the future if there's no good news that will emerge in the space.

[Yatsan]

Its happening since day one mate, wherein it keeps searching for a strong bottom level until now because of some weak hands that keep selling despite of the situation, So expect there will be more bottom price in the future especially if there's no positive news about bitcoin because even it already showed a small progress in the past few days surely there's still a possibility that it will make a correction again in the future if there's no good news that will emerge in the space.

Is it searching for it or factors just affect its market value. If Bitcoin is seeking for that bottom then why is there a seasonal bullish trend? Likewise with other assets, there are times for high demands and low as well depending on several factors. We',ve seen this for years and also; everytime the market is struggling, same set of people panic and allowing negative thoughts to be dominant. Investment is investment; risk will always be involved. If you can't endure temporary losses then sell and endure permanent loss. You are free to do so. You're not even wrong from doing so but make sure you won't regret it afterwards.

[KennyR]

Such thinking will not bring you real profits. Waiting to try to buy at the bottom, and waiting until the verification of the bottom may make you lose the journey on the train, despite the possibility of buying close to the bottom for $3,000, so what is the difference between $16,000 and $13,000?

DCA's principle means that you exclude the price as a criterion and make the most important factor is time.

Agreed, looking for the bottom price for investment could end up missing the opportunity or end up with loss. Good is to start the process of dollar cost average system as majority suggested. This could help buy bitcoin at an average price unlike the market price changes happening over time.

As said a small difference in price could be there if the predicted price is being reached. It is time to think and act at the earliest than missing chances.

[ethereumhunter]

This time is different from the other, we are in recession. All macro factors there to downside the whole shares and crypto.

There will be more bottom ready. 13000-10000$ range is the golden. Lets DCA after 15K

I've started doing DCA after it hit $17k yesterday and $16k. And I'd still do DCA, especially if the price drops to $15k because that's a good moment to buy more bitcoins. I also think that the low price of bitcoin could be at $10k but maybe it could be above $10k and below $15k. But whatever it is, if the price drops, it's a fair price to buy and we have to prepare a certain amount to buy it and then hold it for a while. Buy as much as you can afford and stay within the limit you can afford because you have to split your money to buy at another low price.

The best thing we can do at this point is to make sure we buy, buy and buy some more. Honestly, I don't care too much about the bottom of bitcoin or when the bear season will end. The only thing that concerns me right now is that I don't have enough money to buy bitcoin at the moment because I believe that no matter how much more bitcoin falls or the bear season lasts a few more years bitcoin will recover and hit new ATHs after that. It would be a shame if I didn't have a lot of bitcoins in my pocket at the time.

I also don't think too much about bitcoin's lowest price because it is very difficult to get the lowest price hand. Only if I have some luck will I be able to buy the lowest price. But so far, I've been pretty happy because I could buy at a time when the bitcoin price was dropping and I thought it was a good low. Maybe this month and next, we will see some altcoins will increase and if we can sell at a high price, we will get profit and that we can use to buy more bitcoins than before.

[Vaskiy]

Experts have got different prediction about the market. If the FTX issue haven't come, we could've seen different market situation. For now slow and steady growth could happen. As most users mentioned, we can't predict the bottom price of bitcoin. It is good to move with the market and make use of the opportunity than getting greed to invest at the low bottom. Possibly such thought could end-up missing opportunity to invest at the right time.

[Pejoh Asu]

Many experts believe that the difficult global economic conditions make all types of investments including cryptocurrencies decline, and many are sure that prices have the opportunity to continue to fall to below $ 13k, I will certainly see the market situation and if necessary immediately make decisions even though they are losing money.

[AverageGlabella]

Experts have got different prediction about the market. If the FTX issue haven't come, we could've seen different market situation. For now slow and steady growth could happen. As most users mentioned, we can't predict the bottom price of bitcoin. It is good to move with the market and make use of the opportunity than getting greed to invest at the low bottom. Possibly such thought could end-up missing opportunity to invest at the right time.

We WOULD have seen a different market situation that is without any doubt. No experts or speculators looking at the charts could have predicted this dip because of a exchange. This is why I do not believe in the charts or the cycles that some people talk about because you always have these problems that pop up. If we do not have these bad news every couple of months Bitcoin would probably go on a big bull run but it seems we always have problems which go on the news and causes panic among investors.

[RealMalatesta]

Such thinking will not bring you real profits. Waiting to try to buy at the bottom, and waiting until the verification of the bottom may make you lose the journey on the train, despite the possibility of buying close to the bottom for $3,000, so what is the difference between $16,000 and $13,000?

DCA's principle means that you exclude the price as a criterion and make the most important factor is time.

That’s the type of people that take too much caution to make money. When people are afraid like this, I love to invest just like Warren Buffet says. Because when people are in panic mode, that is the perfect time to buy, and when people are greedy, then you have to sell. I personally made a good chunk of money and paid nearly all of my debts thanks to this, and that wasn't a small amount.

I sometimes wish I didn't sell my profits and kept the debt but kept the coins too, but it allowed me to buy more later on thanks to not having any debts. This is the right method, just buy when it’s low, and it's low now, and then sell when it's high. Buying as much as you can now and selling when it's 100k+ would yield you great profits.

[serjent05]

This time is different from the other, we are in recession. All macro factors there to downside the whole shares and crypto.

There will be more bottom ready. 13000-10000$ range is the golden. Lets DCA after 15K

This would be more convincing if you present a technical analysis that supports your argument.  Would be stronger if you provide links to news that can possibly affect the price of Bitcoin and push it downward.  It is tiring to see this kind of prediction since anyone can state an assumption and give random numbers and hope that their random guess will happen.  And why wait for 15k when Bitcoin is already presenting itself at a discounted price?  Start buying now and buy more when it bottoms. 

Experts have got different prediction about the market. If the FTX issue haven't come, we could've seen different market situation. For now slow and steady growth could happen. As most users mentioned, we can't predict the bottom price of bitcoin. It is good to move with the market and make use of the opportunity than getting greed to invest at the low bottom. Possibly such thought could end-up missing opportunity to invest at the right time.

We WOULD have seen a different market situation that is without any doubt. No experts or speculators looking at the charts could have predicted this dip because of a exchange. This is why I do not believe in the charts or the cycles that some people talk about because you always have these problems that pop up. If we do not have these bad news every couple of months Bitcoin would probably go on a big bull run but it seems we always have problems which go on the news and causes panic among investors.

No, that is just an assumption, so what happened to Bitcoin price recently can still happen even without that FTX fiasco.  Why?  Because there is no sell-off happening on the exchange holdings, the sell-off happens outside the exchange, I believe someone with a huge stash manipulated the market that forced bots to execute the stop loss option to prevent incurring more losses.  And that made a domino effect resulting with the current price.

[dunfida]

Experts have got different prediction about the market. If the FTX issue haven't come, we could've seen different market situation. For now slow and steady growth could happen. As most users mentioned, we can't predict the bottom price of bitcoin. It is good to move with the market and make use of the opportunity than getting greed to invest at the low bottom. Possibly such thought could end-up missing opportunity to invest at the right time.

We WOULD have seen a different market situation that is without any doubt. No experts or speculators looking at the charts could have predicted this dip because of a exchange. This is why I do not believe in the charts or the cycles that some people talk about because you always have these problems that pop up. If we do not have these bad news every couple of months Bitcoin would probably go on a big bull run but it seems we always have problems which go on the news and causes panic among investors.

Experts on the sense that they do know on how to draw up technical indicators and able to read up on what do indicates but no one could really know if it would be that precise or not.

This is why we do call it a very speculative market on which there's no way on identifying which one is bottom and this is why we do really keep on speculating on where it would be dropping the lowest price as possible.

When we do talk about bottom then its a never ending or endless kind of question once you do get deal with this market.This isnt something that you could
really guess or precisely predict on where it would be heading.

[STT]

False break up would lend energy to this idea but till we break some new boundary region I wouldnt assume too much from BTC price wavering back and forth.   18 to 15k is the rough range BTC might keep for this month and next and some time after.


4hr bars for the last week or so, its quite a consistent price movement resolving to no indication especially.  The recent attempt to move upwards concluded in a failed attempt on a higher time frame, thats not a positive indicator but possibly only noise as all of this is speculative and volatile on low time frames.

[Kemarit]

^^ We have been attempting to break $18,000 in the last couple of days and it seem we can't do it. People are going to sell and short bitcoin when they see that there is such attempt. So the range could still be in the $15,000-$18,000 till next month and I wouldn't be surprised if that will still be the norm till next year. Or at least we have another break out run to $20,000 at the start of the first quarter.

So yes, do DCA, or any strategy that you think is best for you as far as accumulating Bitcoin as it's current start. Prices are very low, still discounted and there are still a big chance that it can go lower. But at least with DCA, it's a win-win for us.

[BrotherCreamy]

Bitcoin's growth is heavily dependent on the availability of "easy money" within the global monetary system.

During inflationary periods, Bitcoin grows because there is excess cash floating around and everyone is scrambling for a place to invest their excess cash.

During recessionary periods, the opposite is true: people are short on cash, so they dump their risk assets to hold cash.

If you think that the low is in, or that the low will be 10-12k or whatever, the bet you are making is essentially USD hyperinflation.
Reality check: The Fed is stupid but they are not stupid enough to lead the Dollar into hyperinflation.

There will be a period of economic tightening, during which time Bitcoin will really tank.
Bitcoin has never experienced a major economic bubble bursting, so get ready.

[Mahanton]

Such thinking will not bring you real profits. Waiting to try to buy at the bottom, and waiting until the verification of the bottom may make you lose the journey on the train, despite the possibility of buying close to the bottom for $3,000, so what is the difference between $16,000 and $13,000?

DCA's principle means that you exclude the price as a criterion and make the most important factor is time.

DCA is commonly suggested specially no one could ever predict on whats the bottom but not all does have the money on doing so and this is why they are really that making sure on trying to figure out on whats
the bottom. No one could ever guarantee nor predict on where prices would go and some people do even expect for 3k if those huge strong supports would be broken then we might see the worst.
There's a chance that we might see those previous years prices but its not guaranteed yet the price had been stabalizing once again on these levels.
So its really hard to assume about significant movement on these times where doubts and confidence is really been that affected.

[AmoreJaz]

Such thinking will not bring you real profits. Waiting to try to buy at the bottom, and waiting until the verification of the bottom may make you lose the journey on the train, despite the possibility of buying close to the bottom for $3,000, so what is the difference between $16,000 and $13,000?

DCA's principle means that you exclude the price as a criterion and make the most important factor is time.

DCA is commonly suggested specially no one could ever predict on whats the bottom but not all does have the money on doing so and this is why they are really that making sure on trying to figure out on whats
the bottom. No one could ever guarantee nor predict on where prices would go and some people do even expect for 3k if those huge strong supports would be broken then we might see the worst.
There's a chance that we might see those previous years prices but its not guaranteed yet the price had been stabalizing once again on these levels.
So its really hard to assume about significant movement on these times where doubts and confidence is really been that affected.

as we can't predict what will happen next, the best approach is to buy in small amounts that you feel you are very comfortable of. because in that way, you are just waiting for the time when the market price is above your buying price. no one can tell you when will it reach its bottom, you are just also an observer of this market.

[Sir Legend]

Negative issues always arise when bitcoin is trying to rise, many users panic so that it makes the situation worse, the issue that the price will go down and if it happens is a common thing, this is actually the best time to buy because you can get a cheap price, as long as we can be patient then we will profit.

[michellee]

Negative issues always arise when bitcoin is trying to rise, many users panic so that it makes the situation worse, the issue that the price will go down and if it happens is a common thing, this is actually the best time to buy because you can get a cheap price, as long as we can be patient then we will profit.

The negative issue is trying to stop the movement of bitcoin from going up so that it makes people panic even more because they think that what the issue is saying is really going to happen. If they realize that it's just an issue that will not necessarily happen, they won't think about it or care about it because when it's time, the price of bitcoin will go up and the negative issues won't be able to stop it. So we shouldn't be provoked by negative issues deliberately spread by irresponsible people and only want to benefit from the situation they create.