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Author Topic: Time to Hodl or buy the Dip?  (Read 871 times)
judaspriest
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June 07, 2023, 10:11:59 AM
 #21

For Altcoins, it's clear that it's time to buy at DIP, but for Bitcoin in my opinion it's still not,
because some of the conditions for another bullish haven't been met, so there's a possibility that Bitcoin could drop again,
what we have to do if we've bought at $30k or $20k we should hold Just until the market really recovers.

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June 07, 2023, 12:01:01 PM
 #22

More dip is possible so i won't encourage you to enter the market presently, carefully watch the market from now till weekend and there could be more chances it drop from $25k to around $21k. Actually don't encourage selling at this moment because you already on lose, so selling now might end up wasting your precious bitcoin instead DCA at this point will help you.
But the current price of the cryptos are still nice to buy right now and we still can't guarantee if there will be more dips to come. We are sure only with what we currently see. I would grab this bargain rather than to regret later on or maybe I will buy some coins and left some money to buy later on, just in case another decline is going to occur.

If we bought now and then the price dips to $21k, its of course a loss so I won't sell but I will wait because I am 100 percent sure that Bitcoin will recover. For those who already bought before, selling might still be possible for them though if I were them I will HODL a little longer because everyone is positive that a bull run will come in the coming months.

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June 07, 2023, 12:29:21 PM
 #23

With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
Buying is indeed best in bear market but never forget about the idea of buying everytime that you have funds .
Because our chance  is always there as long as we are willing to keep holding at least for certain time.









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June 07, 2023, 01:13:51 PM
 #24

This is still a good opportunity to buy bitcoin especially yesterday when the bitcoin price dropped to $25k.
But many people panicked at yesterday's drop and thought the bitcoin price would drop even further.
They didn't see it as an opportunity to buy more bitcoins but instead decided to sell some bitcoin.
And when they saw that the price could increase again to the current level, they were too late to buy at yesterday's low.
And if you can buy it at yesterday's or today's price, you can hold it until the price goes up.

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barisbilgili
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June 07, 2023, 02:25:44 PM
 #25

For Altcoins, it's clear that it's time to buy at DIP, but for Bitcoin in my opinion it's still not,
because some of the conditions for another bullish haven't been met, so there's a possibility that Bitcoin could drop again,
what we have to do if we've bought at $30k or $20k we should hold Just until the market really recovers.
we don't know how long the Bitcoin price has fallen in recent weeks the trend has continued although slowly so I think the time is right to buy.
and for some Altcoins it's the same, the price is currently dropping so I think we shouldn't wait for it too deep because we don't know if it will happen or not.
if the price goes down then buy, if we already have it then don't ever panic, as happened in the past, everything will recover, so be patient.

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June 07, 2023, 02:26:23 PM
 #26

If you look at the current state of the bitcoin market, it seems that the current bitcoin price is in the $26k-$25k range, not a good opportunity to buy. I speculate that the bitcoin price has the potential to drop to $20k. Therefore, it's better to wait until the bitcoin price drops to the $ 20k area, then you can buy and hold until the bull market comes later.

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June 07, 2023, 02:59:27 PM
 #27

This is still a good opportunity to buy bitcoin especially yesterday when the bitcoin price dropped to $25k.
But many people panicked at yesterday's drop and thought the bitcoin price would drop even further.
They didn't see it as an opportunity to buy more bitcoins but instead decided to sell some bitcoin.
And when they saw that the price could increase again to the current level, they were too late to buy at yesterday's low.
And if you can buy it at yesterday's or today's price, you can hold it until the price goes up.

Yes. many people panic. This incident is very common, because the average beginner trader is afraid of loss, but if done repeatedly, they eventually give up and get out of the market. On average 30% of funds are missing from the estimated value of the first capital inflow. Yes. Market timing can be challenging, and panic selling can lead to missed opportunities. Correct. this world let alone buying Bitcoin must have a long-term perspective, just maintaining it until the price rises has meaning.

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June 07, 2023, 04:25:01 PM
 #28

With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?

It all depends on our situation, if we have bought at $ 30k or $ 40k of course Hold is an option for a while,
but if you haven't bought Bitcoin when the Bitcoin price is at $ 17k or $ 19k then you can accumulate Bitcoin at $ 20k up to $25k if it goes down,
don't be too hasty to buy, make sure the market isn't in a panic sell or panic buy.
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June 08, 2023, 02:24:13 AM
 #29

With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
It's always been a good time to buy bitcoin, I mean we are not yet on the bull run, so everything is at a discount. Lowest low, $15k, the price now, at $25k-$26k, so still it's a very attractive to buy whatever angle you look at it. There are investors though who are willing to wait or wanted to buy it more cheap, maybe <$20k.

But the question is, what if we didn't go that low, so they might have missed that opportunity already to buy right now. So for me, as long as you have the budget and do DCA, you will be good in buying.

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June 08, 2023, 07:36:13 AM
 #30

With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
It's always been a good time to buy bitcoin, I mean we are not yet on the bull run, so everything is at a discount. Lowest low, $15k, the price now, at $25k-$26k, so still it's a very attractive to buy whatever angle you look at it. There are investors though who are willing to wait or wanted to buy it more cheap, maybe <$20k.

But the question is, what if we didn't go that low, so they might have missed that opportunity already to buy right now. So for me, as long as you have the budget and do DCA, you will be good in buying.

As long as bitcoin is still lower than the old ATH, this is always a good time to buy. The market is unpredictable, so don't wait for the price to drop, but using DCA is the wisest way. I remember when bitcoin dropped to $16k last year, many people didn't buy and waited for lower prices and ended up, they missing the lowest price. So don't let that mistake happen again, waiting for bitcoin to drop to $20k is not a good idea, there is no guarantee that will happen, and if we continue to wait, maybe we will miss the opportunity to buy bitcoin at a low price.

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June 08, 2023, 08:18:10 AM
 #31

If you look at the current state of the bitcoin market, it seems that the current bitcoin price is in the $26k-$25k range, not a good opportunity to buy. I speculate that the bitcoin price has the potential to drop to $20k. Therefore, it's better to wait until the bitcoin price drops to the $ 20k area, then you can buy and hold until the bull market comes later.

We don't know whether Bitcoin will fall again at $ 20k or below $ 20k, what we should do is accumulate at the current price,
because the bottom is still not visible, it could be that the bottom is at $ 17k to $ 20k,
and if you not accumulate from now then you can be miss profit if the price of Bitcoin pumps,
I'm sure there will be good news ahead of the halving.

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June 08, 2023, 10:21:00 AM
 #32

With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
Consideration of buying Dip should be adjusted to the capital you have, currently bitcoin is again finding a slight recovery on an ongoing basis and even though it has been on the decline for several days. If you are one of the long-term winners, $ 25k-$ 30k is still worth considering buying, especially if you rely on the long term as an investment concept, so that accumulating at that price also won't make you lose.

But most people will try to match their buys on both Dip and DCA basis, so that at the right moment if they have big money will try to accumulate big buying when the price dips below $25k. Both are still pretty decent to use now, Hold with the amount you have and buy to continue to collect. But if you don't have much capital on hand then DCA will be much better at collecting bitcoins, the final decision how to try to observe the market according to your knowledge.
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June 08, 2023, 10:28:59 AM
 #33

Isnt it time to take pause from crypto and just observe how SEC and Binance are fighting? Because this fight gonna last long, and the victory of one party will greatly influence on the market. Either a huge price drop and a stagnation, or a jump. I see no point of buying now, as the price easily can go lower. I prefer to watch from the side and hold. I think I will have plenty more chances to buy dip.

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June 08, 2023, 10:48:59 AM
 #34

Isnt it time to take pause from crypto and just observe how SEC and Binance are fighting? Because this fight gonna last long, and the victory of one party will greatly influence on the market. Either a huge price drop and a stagnation, or a jump. I see no point of buying now, as the price easily can go lower. I prefer to watch from the side and hold. I think I will have plenty more chances to buy dip.
But having a pause also letting your self distance for a opportunity to earn? of course maybe sideways will happen but for investors like me? i think that Binance and Government war is just a flavor to taste but lets not take this our idea of investing.
because my Motto in life is "Better to Seek than to wait"









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bangjoe
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June 08, 2023, 12:09:16 PM
 #35

The global economy is too uncertain right now to make any serious investments in my opinion. And it is not only about bitcoin, it is about everything else too. With the ongoing recession and inflation and with the recent re-start of the money printing machines in United States after they increased the debt ceiling we are in for more of economic uncertainty.

For now stick with DCA and HODL...

That's right, what is happening to the world economy today is very uncertain, some that need to be considered other than the decisions of the American and The Fed governments that provide bad results for normal economic standardization, such as Russian-Ukraine conflicts are also still ongoing, which I am Thinking is one that makes economic uncertainty and has a crisis impact, especially on energy for most countries, in addition there is a de dolarization schedule that I think will also have an impact on Bitcoin indirectly, I think at this time we are in the days economic transition period.
DCA and HODL are the only one-one most effective options in the current situation, because if we are make a serious investment, maybe our mentality will get the consequences.

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posi
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June 08, 2023, 01:15:32 PM
 #36

For Altcoins, it's clear that it's time to buy at DIP, but for Bitcoin in my opinion it's still not,
because some of the conditions for another bullish haven't been met, so there's a possibility that Bitcoin could drop again,
what we have to do if we've bought at $30k or $20k we should hold Just until the market really recovers.

The whole altcoin market depends on bitcoin, if bitcoin goes up, all goes up, if bitcoin goes down, all goes down. If you think bitcoin is still likely to drop in the near term, then you should stay away from altcoins because if bitcoin falls again, a lot of altcoins will die and disappear altogether.
Investing in altcoins at this point is still very risky, so I suggest you continue to focus on bitcoin and stay away from altcoins. I like people who invest in altcoins and are not too conservative to only invest in bitcoin, but altcoins are very risky, so we need to have the right time to invest, don't invest indiscriminately.

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June 08, 2023, 01:30:59 PM
 #37

The whole altcoin market depends on bitcoin, if bitcoin goes up, all goes up, if bitcoin goes down, all goes down. If you think bitcoin is still likely to drop in the near term, then you should stay away from altcoins because if bitcoin falls again, a lot of altcoins will die and disappear altogether.
Investing in altcoins at this point is still very risky, so I suggest you continue to focus on bitcoin and stay away from altcoins. I like people who invest in altcoins and are not too conservative to only invest in bitcoin, but altcoins are very risky, so we need to have the right time to invest, don't invest indiscriminately.
In short, you can see the picture below.
It will explain how Bitcoin will affect all crypto prices.


Investing in Bitcoin is indeed the main investment and it has become a recommendation from everyone.
However, entering Altcoin is currently very risky because the crypto market is still unstable and Bitcoin is still in bearish mode due to some FUD that occurred.

I am also still monitoring the market situation and have not entered into altcoins. some Bitcoin assets I still hold.
If things improve I will start getting into the top altcoins that have a chance to go higher after this storm is over.

R


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Nrcewker
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June 08, 2023, 01:47:34 PM
 #38

With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?

I would ask you to never stop accumulating the Bitcoins, whatever the price is buy as many Bitcoins you can and just store or hold it for long term. You shouldn't wait for the dip, buying Bitcoins or accumulating it shouldn't stop at any point. We all know what is the capability of Bitcoins, we have also seen how far Bitcoins have gone. We have also known its value as its limited in number. Now the decision is yours what to do next, whether to buy or not. Every time just buy the coins and wait for the price to buy.

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June 08, 2023, 02:20:47 PM
 #39

With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?

When there is a dip in the price of BTC, it is always a good thing to hodl and a better idea to buy the dip.  One of the major reasons is that the Bitcoin market is cyclical and if Bitcoin is currently at its downtrend, it is a good moment to buy to maximize profit when the market shifts to an uptrend. 

Now looking at the current phase of the Bitcoin market, we all know that halving is less than a year from happening, and halving is one of the catalysts for the Bitcoin uptrend or Bitcoin bull run.  If we buy today, we might get a huge profit when Bitcoin uptrends and rallies to its now ATH.  All we need to have is patience to wait for the time to come after buying at the current market dip.

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June 08, 2023, 03:27:09 PM
 #40

When the market is red like it is now then the best thing is to hold, if we have a long term profit vision then when a dip is an opportunity to buy more, an increase in bitcoin will definitely occur in the near future, so don't ever regret not being able to take advantage of the right moment to buy.
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