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Author Topic: Time to Hodl or buy the Dip?  (Read 925 times)
khiholangkang
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June 08, 2023, 03:48:59 PM
 #41

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.
A simple logic for those who have the intention to invest in long -term in bitcoin, things like bloody markets are certainly a review for those who buy at a higher price and is a real journey for a Bitcoin holder that has a long -term goal in investing in Bitcoin, Buying when a decline and holding back is a word that must be held firm if you want to find a proper return from Bitcoin.

We are in the Bitcoin market which is still in the sideway situation at the $ 26K price level, and indeed it seems that this phase is quite long, we only need to be patient until the bullish market comes, and it will be the happiness of the Bitcoin holders.
Continue to save bitcoin and hold, don't ever hesitate if you don't want to regret it.

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June 08, 2023, 04:41:50 PM
 #42

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.
True, this is a great way if we already have bitcoin, so now it is more appropriate to hold on than to sell it because of panic, but your good idea is to buy at a time of decline, this is always recommended for bitcoin investors, so when it is corrected again it is right to buy when the trend is down because this opportunity will be quite good if you buy on a scale with DCA or a lump sum.

Many are waiting for this event with the halving that will occur in less than a year now, maybe thinking that it is getting closer to the halving the market will not show any reaction in the middle of 2023 but we don't know what surprises will come with the bullish trend so we have to wait but at least we must be prepared with bitcoin which is invested from its lowest price.

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June 08, 2023, 05:10:07 PM
 #43

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.

In fact, there's not much time left before bitcoin is halved, so the long-awaited rise of bitcoin and the alt-season is about to begin. Yes, some price decline is still possible in the near future, but I don't think it will be significant. So right now the most optimal strategy is HODL
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June 08, 2023, 05:39:04 PM
 #44

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.

In fact, there's not much time left before bitcoin is halved, so the long-awaited rise of bitcoin and the alt-season is about to begin. Yes, some price decline is still possible in the near future, but I don't think it will be significant. So right now the most optimal strategy is HODL

We still have less than a year though before the halving, not much time, but I still believed that if you start today and do DCA and accumulate sats till the halving, you can see make a lot of money and profit from it.

And as what the majority says, do both, buy when the price is down, or at least do DCA and then just HODL'ed and wait for the next bull run. I know that its tough to do that, but that's how we make money here. Bitcoin market is not a get rich quick scheme, it also entails alot of psychology and good judgement to be a successful investor here.
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June 08, 2023, 08:24:35 PM
 #45

As the year goes on, it's possible that we'll see the price of bitcoin drop even further, to $21k. Those who intend to use a DCA approach for their bitcoin investment should buy bitcoin right away. However, those who want to purchase the deep should continue to hold on since it appears that the cryptocurrency market is currently seeing a wild collapse in price. For those that still want to go on to invest in bitcoin or any other top altcoin despite the market condition will lose money value of their purchase assets they undertake right now until the market prices stabilize. which nobody is certain of the precise time.

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June 08, 2023, 09:38:58 PM
 #46

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?
Wait for another signal as many indicators says that the price can still go down.
If you have your BTC right now then just hold it, and if you are planning to buy more wait for the price below $25k because it’s more possible to happen now. The market volume is very low, and the negative sentiment of the market are very strong, that could lead us into a more cheaper Bitcoin, so wait for this moment before buying more.

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June 08, 2023, 10:03:07 PM
 #47

Whenever market of cryptocurrency is going down is the best time someone can buy Bitcoin and keep knowing that Bitcoin price will surely go up again, many people who buy Bitcoin when Bitcoin is on the falling run are the people who benefits on Bitcoin,so I believe that Bitcoin with what investors say about bitcoin it doesn't have a particular time you can invest in bitcoins

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June 08, 2023, 11:30:51 PM
 #48

As we all know, there are expectations for a lower market price around $20k-ish, so I guess it is better to wait. The market value won't go up in a single snap so avoid FOMO. Actually, there's no perfect entry point it just depends on the investor if he'd be satisfied to where would he invest. With regards to either holding or buying, that depends on your capability. If you have the capacity to invest more then wait for another possible dip, and invest again. But if you're already okay with the amount you are holding, then just prepare yourself from the possibility of a market crash, such that if it happen, practice to not panic and avoid selling 'coz prices would again go up and you just have to be patient by that time.

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June 08, 2023, 11:34:29 PM
 #49

Always hold when you are unsure. I am buying the dip personally but I know that it will do better, that's my own approach to it and I will always keep doing that. When we are talking about something further, something that is beyond your understanding and you are unsure about it, then I highly suggest you stay away from it as much as you possibly could. There is no scenario where you will be doing very well when you are just in the dark. Too many people think of crypto as something they can just ask around and learn the ropes, but the reality is that you can't just expect people to tell you what to do, that's not how it works and will never work. I think its quite important to focus on what you know, and if you don't, just hold it and you will do much better, only buy when you are certain yourself without asking anyone about it.

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June 09, 2023, 03:21:04 AM
 #50

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?
Wait for another signal as many indicators says that the price can still go down.
If you have your BTC right now then just hold it, and if you are planning to buy more wait for the price below $25k because it’s more possible to happen now. The market volume is very low, and the negative sentiment of the market are very strong, that could lead us into a more cheaper Bitcoin, so wait for this moment before buying more.

The market is still affected by the negative news, but there is no guarantee that we will continue to drop below 25k, it's all just your prediction and some people seeing the negative news. In my opinion, don't wait, and if you are investing for the long term, buying now and using DCA is the most effective. Have you thought about the case that bitcoin will rise again from now on, and if you wait, you will miss a good buying opportunity? Bitcoin is unpredictable.

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June 09, 2023, 03:39:36 AM
 #51

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?
Wait for another signal as many indicators says that the price can still go down.
If you have your BTC right now then just hold it, and if you are planning to buy more wait for the price below $25k because it’s more possible to happen now. The market volume is very low, and the negative sentiment of the market are very strong, that could lead us into a more cheaper Bitcoin, so wait for this moment before buying more.
The bitcoin price is currently downtrend, I think there is still a possibility that the bitcoin price will reach 25K or more, so you have to be more patient to buy at the right price to get a good profit when the bitcoin price moves up again.
or you can do the DCA strategy in the current situation which I think is the right time and you can also increase your purchases when the bitcoin price continues to fall, and do it all for the long term because buying dips or DCA is very good, and also the best strategy for long term investment in bitcoin. But all of that does require patience and also strong belief to get very satisfying profits, regardless of market situations that are difficult to predict because your goal is only for the long term.

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June 09, 2023, 04:13:43 AM
 #52

Quote from: Paul Pogba
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.

Holding can only be a solution to this current dumping of Bitcoin and cryptocurrencies, because the market price is not looking good for long term traders and short term traders to make a good profits than to continue holding till the green light remain stable before they can sell. Purchasing Bitcoin at this period is not advisable because the price of Bitcoin is still moving between $25,000 and $26,000 which is not good for people to purchase Bitcoin in this period than to exercise patience for the price to decrease back to $17,000 before they can buy and hold. I believe, those that will maintain the holding till the end of bearish will definitely have something good to achieve because the price of Bitcoin will definitely increase higher before the end of this year.

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June 09, 2023, 04:37:00 AM
 #53

As an investor who is used to the bitcoin trend, it is common to face situations like today, the price looks sluggish after March and even often goes red for a long time, but this makes us have to think positively by buying more, we have to be optimistic that the bull run it will happen soon because soon or in less than 8 months there will be a halving which usually will make the price skyrocket.


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June 09, 2023, 05:56:36 AM
 #54

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?
In my personal opinion I think on the based of this current market situation I think the two option given above on the title both should be used. Because if you look at the current position of the Bitcoin price, it is still far below its all-time high.  So I think Bitcoin is still in a good dip.  So now buying at this dip price means to hold not to sell so you have to hold bitcoin if you buy in this good dip for a good profit.

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June 09, 2023, 06:42:16 AM
 #55

Buy the dip and hold if i have many money i will still buy the dip because more capital more earnings when the bull return, for now it is very big advantage because we are in a bear market and most of the coin is falling right now so of we buy the dip we will get the coin in a discounted price .

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June 09, 2023, 06:59:22 AM
 #56

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"

During last year I think we have seen more than 10 chances to buy at low price. Bitcoin price has been throwing here and there all the time, and imho, current conflict between SEC and Binance only postpone greatly change of market change. That is why I take a pause. I See no reason to buy today, because during next month there will be a slight growth and a drop, and we would get back to price when we started. Maybe it is appropriate to say that I am tired of increasing my balance with rebuys and resells.

 
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June 09, 2023, 09:04:10 AM
 #57

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?
DCA is probably the best thing to do from here since I believe we are not yet at the bottom and with the current news in circulation about Binance, the market can always go down again and if you are doing DCA, you can always keep buying at different price fall intervals so that you can have a good average buying price. If you buy at once and then the market goes down further, you might regret it.

So, I would probably suggest holding the current assets and then doing DCA for the remaining balance. That seems to be the most viable option for the current market conditions and wait for the bull run that might occur in 2024 after the Bitcoin halving event.

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June 09, 2023, 11:03:14 AM
 #58

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?
DCA is probably the best thing to do from here since I believe we are not yet at the bottom and with the current news in circulation about Binance, the market can always go down again and if you are doing DCA, you can always keep buying at different price fall intervals so that you can have a good average buying price. If you buy at once and then the market goes down further, you might regret it.

So, I would probably suggest holding the current assets and then doing DCA for the remaining balance. That seems to be the most viable option for the current market conditions and wait for the bull run that might occur in 2024 after the Bitcoin halving event.

If you believe bitcoin hasn't bottomed yet, why don't you wait longer to buy in? To me, bitcoin remains unpredictable even as we face a lot of negative news, but good news can come anytime. But you are right, DCA is the best solution in all cases. If you are investing for the long term and the target is the coming bull season, don't make too many predictions but instead use DCA every time bitcoin drops more. The DCA strategy really saves us a lot of stress from investing in bitcoin.

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June 09, 2023, 11:59:45 AM
 #59

Buy the dip and hold if i have many money i will still buy the dip because more capital more earnings when the bull return, for now it is very big advantage because we are in a bear market and most of the coin is falling right now so of we buy the dip we will get the coin in a discounted price .

Don't waste the Bear season because in the bear season the discounts for altcoins are very large,
even investors or whales always accumulate during the bear season and sell it during the bullish season,
so we as retailers don't be the other way, buy when it's bullish and sell when it's bearish haha  Grin.
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June 09, 2023, 12:47:09 PM
 #60

Don't waste the Bear season because in the bear season the discounts for altcoins are very large,
even investors or whales always accumulate during the bear season and sell it during the bullish season,
so we as retailers don't be the other way, buy when it's bullish and sell when it's bearish haha  Grin.
Buyers and sellers in the short term are not retailers, but rather traders who are looking for profits in the short term and in bad conditions it's good to look at Bitcoin more than altcoins although it won't be wrong for everyone who wants to see altcoins and buy them as long as the altcoins are is an old altcoin that is quite well known in the market. But I would rather suggest that everyone wants to see Bitcoin and buy it when bear conditions occur, because Bitcoin is still able to provide good profits to everyone.
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