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

[stomachgrowls]

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.

For those who had real market experience on long time basis then for sure these small increase increments arent something that looks interesting into our eyes.For those who had bought on 18k price point then selling

on the current price wont really be that a bad idea.Lets not just make ourselves believe that this is the beginning of the bullrun, if it does then its good but if not then you should make yourself that emotionally prepared.

Sell when you are in greens and dont need for you to wait up a long time for you to make profits.You could eventually make profits if you do know on how to play these price movements.
It is really just depending on someones decision on how they would really be handling market volatility.

[1715332540]

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[kotajikikox]

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.

As long as the Bitcoin price is still under $20K, it's definitely better to buy because it's not too far from the lowest price it has seen in this year. In addition, a price break above $20K for Bitcoin is still very likely to occur in the near term because a move that is not too far away for Bitcoin to achieve is always more certain to occur under current conditions than a larger increase in the near term.

and let us look at the advantage of the current market , there are so many ways to invest but this is the perfect timing , they are sometimes   eager to earn instant but there is no such thing in crypto unless you are willing to buy at BS coins.
in our time now at 20k level is the perfect timing for all time , either to fall low or to go high ?there are many chance of earning.

[Zanab247]

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.

I guess, anyone that will use this last opportunity to buy Bitcoin will have something favourable to earn in the future because the bull market is about to appear for those that invested in Bitcoin to feel the effect in the community. Since the price of Bitcoin is still in $20k over a week now, show that bull season is no longer far for investors to start experiencing bull market in the community. I don't think, the price will decrease more than $20k before it will rise higher for bull season to continue till the end of this year.

[Franctoshi]

Buying at $20k is really a nice price level for one to take part of their share and own a Bitcoin, The number of Bitcoin moving out of exchange has been seeing a new record highs, recently the Single highest Bitcoin withdrawal 55,000 BTC worth about $1.1Billion was withdrawn from Binance to an unknown or private wallet, This means people are accumulating and not willing to sell anytime soon, which in my opinion is a Bullish sign for Bitcoin and the crypto space.

[YUriy1991]

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.

My first impression that getting into Crypto investing was really much more difficult than I imagined. Anyone can think "buy low, sell high" but if we are wiser by looking at history and potential opportunities with every decline, it will be another story.

Yes. This is an interesting statement in my opinion because The world is paying attention to digital currencies, and the currency that captures the largest market share is likely to become the clear leader in the near future. Yes, the investor mentality must be owned if we have entered.

[dezoel]

As long as the Bitcoin price is still under $20K, it's definitely better to buy because it's not too far from the lowest price it has seen in this year. In addition, a price break above $20K for Bitcoin is still very likely to occur in the near term because a move that is not too far away for Bitcoin to achieve is always more certain to occur under current conditions than a larger increase in the near term.

and let us look at the advantage of the current market , there are so many ways to invest but this is the perfect timing , they are sometimes   eager to earn instant but there is no such thing in crypto unless you are willing to buy at BS coins.
in our time now at 20k level is the perfect timing for all time , either to fall low or to go high ?there are many chance of earning.

Unfortunately, there are way too many people who think that they could get in today and 100x tomorrow, and they do riskier and riskier things to make that money as well. This is why futures are so dangerous, newbies do 100x long position for example and wait for it to happen but in reality, we are seeing it not happen that way. They end up losing it all and that’s the problem.

Normally if they were wise, they would end up buying from these lower levels right now and make a profit later on. That would be a long term investment and they could make so much from it. Instead of x100 in a day or week or month, focus on 10x in a year and you could actually achieve that if you know what you are doing.

[Vaskiy]

The real bottom of the market is yet to reach. Right now we're at the critical time period where every decision needs to be taken in a perfect way to stay strong in the market. Even now investing isn't a bad choice, but we should have the patience to experience the profit out of the investment.

When we enter the market at the bottom we will able to book profit at the earliest and higher the price we need the patience to hold and experience the profit out of the investment.

[jakelyson]

When we enter the market at the bottom we will able to book profit at the earliest and higher the price we need the patience to hold and experience the profit out of the investment.

But there is no way we would know if the price were at the bottom already. We can only speculate and most of the time our speculation is wrong.

But what we know is that after the halving, there is a fat chance that we will experience a new all-time high again. There is always a bullish market after the halving. So, even if the price is not yet at the bottom today, if your target is profit after the halving, then now is a good time to buy. The price is low and even if it is not the bottom price, we can still net a good profit come bull market. We just have to build our stocks before that time come.

Thinking about buying at the dip and collect it later on few years required a lot of patience , few people could take the patience into a whole new level. Is it too late now at $20k ? Sure it is not , go get them.

I think if the person knows what he is doing and that his target is the price after a few years, then he can be patient. A few years gets by so fast you might not notice it is halving again.

[sukmo]

Bond yields have increased a lot in the last 2 days and the stock market is likely to retest yearly lows as well.

As they are closely correlated, so are most crypto assets. they believe Bitcoin has not hit rock bottom and they will buy again when Bitcoin really is at its level. the bottom line, bottom line: they invest and buy Bitcoin now, hope Bitcoin can reach $60-70k in the next few years, for that in this case the conclusion: to buy Bitcoin now is up to the user himself, of course, not necessarily don't buy, which is clear if you are targeting the price of Bitcoin to the level of $60-70k it might be a good consideration.

it's good to monitor or record all the buying and selling that we do during this bear market. I make sure to buy as much BTC as possible until the price goes up again. I recorded the price I bought some BTC for future reference. We know the price may take a long time to rise again but at least I can know if I can sell that BTC in a certain amount.

[LittleBitFunny]

Bond yields have increased a lot in the last 2 days and the stock market is likely to retest yearly lows as well.

As they are closely correlated, so are most crypto assets. they believe Bitcoin has not hit rock bottom and they will buy again when Bitcoin really is at its level.

Both markets are correlated but that doesn't mean they will always move exactly the same. The stock market is rising and so is bitcoin as we are benefiting from the news of the US midterm elections. But yesterday we received bad news in the crypto market, the battle of the two biggest players in the market caused a very unexpected drop.

Without this bad news, I believe the market will recover well this month and the market will not follow the stock market, we are doing better than them as bitcoin has consistently held above $19k over the past few months, while the downtrend stocks show no signs of stopping.

[jaberwock]

When we enter the market at the bottom we will able to book profit at the earliest and higher the price we need the patience to hold and experience the profit out of the investment.

But there is no way we would know if the price were at the bottom already. We can only speculate and most of the time our speculation is wrong.

But what we know is that after the halving, there is a fat chance that we will experience a new all-time high again. There is always a bullish market after the halving. So, even if the price is not yet at the bottom today, if your target is profit after the halving, then now is a good time to buy. The price is low and even if it is not the bottom price, we can still net a good profit come bull market. We just have to build our stocks before that time come.

I think after the halving would be great for everyone who is holding right now and the people who are doing that already knows about this. I know that they are feeling like they might be wrong, and it could go lower, but there is no need to be afraid because I agree that a tiny bit of drop doesn't matter at this point.

Everyone who knows bitcoins cycles would tell you that we are in a great period right now and it will go amazingly in the near future. Just keep holding, buy more and keep on holding as long as you can. That will guarantee a profit in the future, I think it won't take as long as after halving, but that will the biggest price and a brand new huge ATH by that point.