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irhact
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April 11, 2023, 10:52:45 AM
 #81

Bitcoin price is currently 28k and I have 5k usd fund which I want to invest in crypto currency, and want to make this investment for long term, want to wait until next ATH or touch current ATH.
Do you think it would be perfect to invest in Bitcoin now or should I wait for a few more days to get a good DIP?
I am actually very weak in analysis so I would like to know from your personal analysis that Bitcoin can go below 20k again?

Anything is possible in the market, we could dump further down than the current all time low Bitcoin reached few months back or  we could keep going up because the market just yesterday touched a new all time high of $30k. It doesn't really make how the market goes but don't think anybody here can predict accurately the outcome, everybody's guess is just as good as yours.

What you should do is just invest now and keep holdings until the next bull market comes. The market might dump or pump before the next Bitcoin halving comes but that doesn't matter because by the end of next bull cycle, you should be in profit for investing in Bitcoin today.

R


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April 11, 2023, 04:36:45 PM
 #82

long-term investment strategy in cryptocurrencies is often more fruitful than short-term trading. Investing in Bitcoin at the current price of 28k could be a good entry point for a long-term investment, considering its historical price trends and market growth potential. Therefore, it's important to invest only the amount you can afford to lose and diversify your investment portfolio

Yes you are right because in short term we work with pressure and during harsh condition we make wrong decision so for this reason it will be better to keep your bitcoin for more than two years. 28k$ is the best price to hold Bitcoin and bitcoin remains in 28k$ for longer time since the month of march.

A person can get enhance worth due to investment in bitcoin this price as everyone knows the fact that in the year after this will be a halving so it's important to do not wait more and get the benefit from present price. May be in coming year or coming days the price become so high that one cannot afford it.

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April 11, 2023, 06:17:41 PM
 #83

Bitcoin price is currently 28k and I have 5k usd fund which I want to invest in crypto currency, and want to make this investment for long term, want to wait until next ATH or touch current ATH.
Do you think it would be perfect to invest in Bitcoin now or should I wait for a few more days to get a good DIP?
I am actually very weak in analysis so I would like to know from your personal analysis that Bitcoin can go below 20k again?
currently the price of Bitcoin has touched more than $ 30k and if you want to buy it,
my advice is just wait for a correction or maybe you can buy it gradually if you don't want to lose large amounts if this is a bulltrap,
don't be greedy if you have made a profit, sell and buy again keyika indeed bitcoin price correction again.

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April 11, 2023, 07:12:53 PM
 #84

Bitcoin price is currently 28k and I have 5k usd fund which I want to invest in crypto currency, and want to make this investment for long term, want to wait until next ATH or touch current ATH.
Do you think it would be perfect to invest in Bitcoin now or should I wait for a few more days to get a good DIP?
I am actually very weak in analysis so I would like to know from your personal analysis that Bitcoin can go below 20k again?
You know, having the plan of a long term investment especially the idea of waiting for the next ATH or at least a price range around the current ATH would still give you a decent profit even if you buy at the current price. $5k is a good sum and the current ATH guarantees you at least 2x of your capital ($10k).

Where you might have issues is when you don't get to follow through with your plans, it's theist you should do to ensure profit at least Bitcoin has got some securities on it and you have a better chance at getting some good returns than you would have in other projects.

Either able to speculate either the coin would dip more, its something not to say for sure. The movements have been good and price at the time is around $30k.

R


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April 11, 2023, 09:24:33 PM
 #85

Bitcoin price is currently 28k and I have 5k usd fund which I want to invest in crypto currency, and want to make this investment for long term, want to wait until next ATH or touch current ATH.
Do you think it would be perfect to invest in Bitcoin now or should I wait for a few more days to get a good DIP?
I am actually very weak in analysis so I would like to know from your personal analysis that Bitcoin can go below 20k again?
currently the price of Bitcoin has touched more than $ 30k and if you want to buy it,
my advice is just wait for a correction or maybe you can buy it gradually if you don't want to lose large amounts if this is a bulltrap,
don't be greedy if you have made a profit, sell and buy again keyika indeed bitcoin price correction again.
However this exemplifies the dangers of waiting, the OP had the opportunity to buy bitcoin for a price below 30k and now if they want to buy bitcoin they will have no other option but to pay more for it, now it is true that if they wait there may be a correction and they will be able to once again buy bitcoin below that price, however now they are depending on a fortuitous event for this to happen, so let this be a lesson for all of us, if we want to buy bitcoin then we need to do it and stop wasting any time as bitcoin could go up in value at any moment.
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April 11, 2023, 10:52:46 PM
 #86

Bitcoin price is currently 28k and I have 5k usd fund which I want to invest in crypto currency, and want to make this investment for long term, want to wait until next ATH or touch current ATH.
Do you think it would be perfect to invest in Bitcoin now or should I wait for a few more days to get a good DIP?
I am actually very weak in analysis so I would like to know from your personal analysis that Bitcoin can go below 20k again?
For cryptocurrency investment they don't wait for the perfect time to occur before you can invest in bitcoin or any other cryptocurrencies, theirs no time you invest in cryptocurrency that is time wasted because it doesn't have a particular point that's a limit time for bitcoin or any other cryptocurrencies also doesn't have maximum time for it to get accelerated or get a degradation, I will tell you that during cryptocurrency investment you don't need to follow anyone directions for the investment, because of the danger of the market, you have to make your decision and follow instinct, and secondly you can invest now and bitcoin rise you make profit and their is also every tendency that after your investment or purchasing of bitcoin  it might fall, so your decision supercedes anyone during your personal investment.

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April 12, 2023, 05:07:54 AM
 #87

Bitcoin price is currently 28k and I have 5k usd fund which I want to invest in crypto currency, and want to make this investment for long term, want to wait until next ATH or touch current ATH.
Do you think it would be perfect to invest in Bitcoin now or should I wait for a few more days to get a good DIP?
I am actually very weak in analysis so I would like to know from your personal analysis that Bitcoin can go below 20k again?
For cryptocurrency investment they don't wait for the perfect time to occur before you can invest in bitcoin or any other cryptocurrencies, theirs no time you invest in cryptocurrency that is time wasted because it doesn't have a particular point that's a limit time for bitcoin or any other cryptocurrencies also doesn't have maximum time for it to get accelerated or get a degradation, I will tell you that during cryptocurrency investment you don't need to follow anyone directions for the investment, because of the danger of the market, you have to make your decision and follow instinct, and secondly you can invest now and bitcoin rise you make profit and their is also every tendency that after your investment or purchasing of bitcoin  it might fall, so your decision supercedes anyone during your personal investment.

That's actually a good point for you to not be left out on trend. But as a newbie like the OP, it's a good thinking to start by waiting for the DIP of the market for them to own a lot of coins. Maybe it would be good for the OP to wait for the DIP it just the safest way especially that's a huge amount of investment its a big loss. Still if you afford to lose the money risk could lead to two things, win and lose. And you couldn't get either of the two if you don't risk. It would be difficult to ask for someone calls especially its your money if you lose it you can't blame them. Trust your gut and the risk. In the volatile situation of the crypto there's no guarantee you'll succeed.

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April 12, 2023, 06:12:42 AM
 #88

That's actually a good point for you to not be left out on trend. But as a newbie like the OP, it's a good thinking to start by waiting for the DIP of the market for them to own a lot of coins. Maybe it would be good for the OP to wait for the DIP it just the safest way especially that's a huge amount of investment its a big loss. Still if you afford to lose the money risk could lead to two things, win and lose. And you couldn't get either of the two if you don't risk. It would be difficult to ask for someone calls especially its your money if you lose it you can't blame them. Trust your gut and the risk. In the volatile situation of the crypto there's no guarantee you'll succeed.
OP is planning long for his investment. even he plans for a new ATH or ATH to achieve in the future.
when you get the chance to buy, why not now? because he clearly knows how much ATH Bitcoin was in the previous bull season. and now there has been quite a decline. whether waiting is the right choice or not, but for me, when I have the opportunity to buy. never hesitate. it might be different if the plan is short term or trading.



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April 12, 2023, 03:58:19 PM
 #89

That's actually a good point for you to not be left out on trend. But as a newbie like the OP, it's a good thinking to start by waiting for the DIP of the market for them to own a lot of coins. Maybe it would be good for the OP to wait for the DIP it just the safest way especially that's a huge amount of investment its a big loss. Still if you afford to lose the money risk could lead to two things, win and lose. And you couldn't get either of the two if you don't risk. It would be difficult to ask for someone calls especially its your money if you lose it you can't blame them. Trust your gut and the risk. In the volatile situation of the crypto there's no guarantee you'll succeed.
OP is planning long for his investment. even he plans for a new ATH or ATH to achieve in the future.
when you get the chance to buy, why not now? because he clearly knows how much ATH Bitcoin was in the previous bull season. and now there has been quite a decline. whether waiting is the right choice or not, but for me, when I have the opportunity to buy. never hesitate. it might be different if the plan is short term or trading.

You can buy it whenever you want as long as you have some spare cash. Even if I have a spare, I'll buy it with bitcoin because I don't want to miss the train like in the past because we were waiting for the dip but it turned out it was already the dip and just left us because we hadn't bought. Also, buying right now is a good preparation for next year's halving, so I am hoping for a positive year next year. I just need to work harder so that I can accumulate enough bitcoin.
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April 13, 2023, 02:42:04 PM
 #90

Since you are weak in market analysis, I think you need to overcome your weakness in mind first. and later you need to consult various investors about the market. And if you want to invest then surely the current position of the market will not be in this position in the future. So invest your Bitcoin as soon as possible and hold it for long. and of course you invest and hold it till (ATH) and later you sell it.  Then you can gain reputation as a good investor and successful trader in future.

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April 13, 2023, 04:23:49 PM
 #91

If you are having confusion, just try to learn how to do technical analysis or a better look at the previous movements of Bitcoin so you would have an idea. If you want assurance, I would suggest that you stick to a long-term investment where you have to accumulate Bitcoin while the price is low and sell it when the bull run approaches. It will take time but it will be the safest thing to do and you don't have to make complex moves.
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April 13, 2023, 09:10:49 PM
 #92

Invest while you still have the chance because the more you wait for bitcoin's price to go deep, the more it will rise. I wouldn't suggest you to wait longer before you invest your $5k into bitcoin. Waiting longer might result in, not investing in bitcoin in the end because you expect a deep price when one is not arriving.

You already have a lengthy investment strategy in bitcoin, and your current investment of $5,000 is a sizable sum. It will definitely yield adequate earnings even before it reaches its ATH. If you decide to invest at the present rate ($30,000).

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April 13, 2023, 09:46:36 PM
 #93

If you do not know how to read TAs which is not even accurate most of the time, it would be easier to start doing a DCA. The most common in DCA is to regularly accumulate weekly or monthly. Some are making their DCA by only buying during dips, but this might be difficult though as we do not know if it happens or how deep the dip will be. Nonetheless, DCA saves you time and effort. Not really free but most likely you won't feel that much stress. 

According to the 4-year cycle which is not guaranteed, of course, next year is the start of the bull run. So you better start doing DCA before the price increase further.

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April 13, 2023, 09:59:13 PM
Last edit: April 14, 2023, 07:27:48 PM by Rengga Jati
 #94

Bitcoin price is currently 28k and I have 5k usd fund which I want to invest in crypto currency, and want to make this investment for long term, want to wait until next ATH or touch current ATH.
Actually, it is still small but quite late because the price has been increasing since the last bottom. But never mind, Bitcoin investment can be done every time whatever the market condition. Moreover, if you are going to make it a long-term investment, this will not be a matter for you to put the money here first. , This will not be a big matter because Bitcoin investment will be worthwhile if we are very patient to wait. Yeah, patience is one of the keys, as long as you are patiently waiting for the Bitcoin bullrun, for a longer time at the right time, this has been enough to make it big in the future.

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April 14, 2023, 07:08:55 PM
 #95

Bitcoin price is currently 28k and I have 5k usd fund which I want to invest in crypto currency, and want to make this investment for long term, want to wait until next ATH or touch current ATH.
I had to do a little playback in my head. You know, in 2019 that $5k of yours would've bought you slightly more than one Bitcoin because price dipped to $3,200 even. That would've been around 1½ in quantity. Given today's worth, that would've been around $45k. All that happening within just four years and it would've done X9 of your initial investment. It's because of events like this that make a lot of investors conclude that hodling is the best approach to amassing wealth in cryptocurrency.

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April 14, 2023, 08:49:46 PM
 #96

Bitcoin price is currently 28k and I have 5k usd fund which I want to invest in crypto currency, and want to make this investment for long term, want to wait until next ATH or touch current ATH.
Touchdown some good analysis on bitcoin and I'm ready to face whatever the market has for us. Bitcoin is recovering from the previous dip and we know that there's a bull signal coming but we don't know the specific time. Bitcoin have already hit it's ATL during the bear season and aiming for another high range, bitcoin surpassed $30k and there's hope that  it will runup to $100k as predicted by Pro traders in the market. Long term project mostly end up in enormous profits and Bitcoin is a prominent project, it have done good moves in the past and this year, it won't be an exception.

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April 14, 2023, 09:01:18 PM
 #97

Bitcoin price is currently 28k and I have 5k usd fund which I want to invest in crypto currency, and want to make this investment for long term, want to wait until next ATH or touch current ATH.
Do you think it would be perfect to invest in Bitcoin now or should I wait for a few more days to get a good DIP?
I am actually very weak in analysis so I would like to know from your personal analysis that Bitcoin can go below 20k again?
If you still have not bought by now , then I guess you must be regretting any where ever you are.
Bitcoin is currently a little above $30,000, and I believe its not late to buy even at this price, as long you are not buying and holding for the short term.

And whether bitcoin will go down again below $20,000, I am not going to say it's impossible, but to be honest, the chances of this happening at this time is very slim.

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April 14, 2023, 09:22:01 PM
 #98

Bitcoin price is currently 28k and I have 5k usd fund which I want to invest in crypto currency, and want to make this investment for long term, want to wait until next ATH or touch current ATH.
Do you think it would be perfect to invest in Bitcoin now or should I wait for a few more days to get a good DIP?
I am actually very weak in analysis so I would like to know from your personal analysis that Bitcoin can go below 20k again?

It is good to get Bitcoin at cheap rate because it will really help in term of profit making but  the trust is that if you are  not good in term of Bitcoin technical analysis it will be hard to know the right time to enter Bitcoin market.and from what we are experiencing from Bitcoin market now, I can't advise anyone to wait till the price of Bitcoin drop again because I don't think the Bitcoin price may drop much in price again

Recently the price is moving upward and will that I will say you can buy now because the price may not drop like the way you may expect.as for me Bitcoin is good to buy at anytime but when you buy at high price you should be able to hold for long time in order to meet you profit target.

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April 14, 2023, 09:50:05 PM
 #99

The price of bitcoin was expected to rise to 40k dollars before the month of July.So if you had your savings in the bitcoin.It’s right time to hold your savings in the bitcoin,bitcoin is all the time long term investing tool.Since we are in the month of April,the price of bitcoin had already crossed the 30k dollars.The price of bitcoin will have some remarkable changes before the month of June.The current month had started with the pump,the month end target price of bitcoin will be 33k dollars.The bitcoin will expect to reach new ATH in 2024,because the next bitcoin half had fallen on 2024.If you had capacity to hold till next year,kindly hold it.
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April 14, 2023, 10:46:55 PM
 #100

Bitcoin price is currently 28k and I have 5k usd fund which I want to invest in crypto currency, and want to make this investment for long term, want to wait until next ATH or touch current ATH.
Do you think it would be perfect to invest in Bitcoin now or should I wait for a few more days to get a good DIP?
I am actually very weak in analysis so I would like to know from your personal analysis that Bitcoin can go below 20k again?

It is good to get Bitcoin at cheap rate because it will really help in term of profit making but  the trust is that if you are  not good in term of Bitcoin technical analysis it will be hard to know the right time to enter Bitcoin market.and from what we are experiencing from Bitcoin market now, I can't advise anyone to wait till the price of Bitcoin drop again because I don't think the Bitcoin price may drop much in price again

Recently the price is moving upward and will that I will say you can buy now because the price may not drop like the way you may expect.as for me Bitcoin is good to buy at anytime but when you buy at high price you should be able to hold for long time in order to meet you profit target.
While the price of bitcoin can go up and down like any other asset, it is clear when we look at the historical charts that on average bitcoin only does one thing, and that is to go up in price, this means that the more people wait the more money they will have to pay for their bitcoin on average, only those which have a profound knowledge about technical analysis have the skill to time the market accurately and buy when the price is low, everyone should instead just employ DCA and buy bitcoin whenever they have some spare money and save themselves the trouble of trying to predict the direction the market is to take.
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