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Author Topic: Should I buy now or I should still wait for the dip?  (Read 1273 times)
martinex
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July 19, 2023, 11:44:27 AM
 #61

Right now seems bitcoin ideal in dip price, you can buy all in with your fund or spent until three entry investment for protecting if bitcoin going down later.

It's true, the market is still not normal and there is still a chance for correction. we have to deal with the installment system. like you said, prepare fresh funds, and enter with the proportions that have been previously set and not All in. Good advice guys. example today. set Buy BTC at price $29K 30% from our fund. If the correction continues, enter another 30$ at a price of $28.4K and so on.

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July 19, 2023, 12:52:59 PM
 #62

Right now seems bitcoin ideal in dip price, you can buy all in with your fund or spent until three entry investment for protecting if bitcoin going down later.

It's true, the market is still not normal and there is still a chance for correction. we have to deal with the installment system. like you said, prepare fresh funds, and enter with the proportions that have been previously set and not All in. Good advice guys. example today. set Buy BTC at price $29K 30% from our fund. If the correction continues, enter another 30$ at a price of $28.4K and so on.

Maybe there's no normal thing if we talk about the price changes of bitcoin since the price is volatile and that make this coin unpredictable. And eventhough with that we can still look forward with the current price since still there are chance thay we can trade depends on the position we like. But also we should monitor very well since if we keep on passing maybe we could miss the time where bitcoin price is so low so act and trade to know the market movement then earn if there's a chance that you can take your profit.

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July 19, 2023, 01:10:59 PM
 #63

I don't think BTC will drop below $30k this time. I mean, you should make your own decision, I'm just sharing my opinion. I'm buying it now to be prepared for the pump.
This is why he is here with us, with this post/thread because he can't decide for himself so he wants our opinion instead if what actions he must be doing. For now maybe BTC won't drop below $30k but later on, I still believe it can, so I suggest the OP to wait for it if he wants some discounts. The halving time or the bull time is still a long way to go so I'm confident about my prediction.

For those who will buy early like you, you can still hold hard if the price declines so that you will avoid losing and maybe on top of that you can continue buying for more. It is only wrong to buy when the price is at their highest peak already because after that is usually followed by a bear market and it will take a long time for us to see recovery or a bull run again.

The possibility of BTC falling below $30k or even $25k is always possible at any time, market movements are unpredictable, and there are no guarantees. But waiting for the price to drop more to buy is a bad idea when we can use the DCA strategy. Why don't you use DCA, and if your prediction is incorrect, the market doesn't drop and bounce from here, you'll miss the train and have to buy at a higher price. BTC under $30k is still a very good price to buy, don't hesitate to accumulate whenever possible.

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July 19, 2023, 04:46:42 PM
 #64

I don't think BTC will drop below $30k this time. I mean, you should make your own decision, I'm just sharing my opinion. I'm buying it now to be prepared for the pump.

Anything and everything can happen. If the demand to accumulate Bitcoins decreases among the people, then no one can stop Bitcoins from falling down in it’s price. Bitcoins follow the policy of supply and demand, hence the price increases if the demand to buy it increases and the vice versa happens. If you ask me for the perfect time to buy, then let me make you clear that, there is no perfect time to buy Bitcoins. These coins are limited in numbers. So buy as many coins as you can irrespective of the price and hold for minimum 1 and half years. Definitely you will see 2-3x the profit.

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July 19, 2023, 05:18:34 PM
 #65

Literally, no one can know exactly how the market will react in the future, and no one can know when is the right time to invest, it is just that you do some research and analyze the facts and charts to have a close estimate of when you should invest and when you shouldn't, but even after that, you still might buy at a higher price and the price might dip again later on, so you never really know the outcome of the market and that is why you should buy when you feel the time is right.

Generally, if we see the long-term behavior of the market and Bitcoin specifically, we will come to know that it goes up even after a big crash, so even if you manage to buy a bit high and the market dips after you've bought, there is nothing to be worried about since it will eventually recover.
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July 19, 2023, 06:55:28 PM
 #66

In my opinion you should buy at this time and should not wait for more dip because the market is going to pump more as bull season is coming very soon. If you are waiting for buying at more dip then may be after sometimes you will regret to wait because price is going up.

This time is good time for buying as everyone knows that price is volatile and no one knows that when it will rise or when it will fall. But according to estimations there will be more increase because of the acceptance by the people and demand for it.









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July 19, 2023, 08:52:30 PM
 #67

Fundamentals and technical analysis suggests that you should start buying and stop asking for the dip/bottom. Nobody knows it anyway, and even if some users here will give you their predictions if you're not convinced, you will not going to follow it anyway.
It's hard to find the bottom and it's even harder now that we are closely approaching to the next halving, which everyone are anticipating for another bullrun. So, your chances might be now or in the next couple of years. We could already be at the bottom currently at $30k, I don't think we'll fall further @25k either now that most bitcoin holders and traders are gradually accumulating more fractions.

Good luck!
eightdots
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July 20, 2023, 02:28:58 PM
 #68

As it is said, bitcoin price rised to $20+k from late last year after the bear market and in  this year the price rises to $31k, so what is your speculation on the price before the end of the year?

I avoid making price predictions for the end of the year because there may be many developments that we do not know. It may be the best decision to follow the market and buy at a price you set.

Halving is approaching, so many people expect the price of Bitcoin to increase. This may not be 100% correct, but I also think the Bitcoin price will increase. Every investor should have a buying point of his choice. You know your own financial situation. Make the decision yourself rather than the price estimates of others.

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July 20, 2023, 02:46:31 PM
 #69

Many people want to buy but are always worried and ask whether the current price is worthy of buying or waiting for a low price again, and in my opinion as long as we have good finances then immediately buying is the right decision rather than waiting, I'm sure the price will be difficult to go down again because of the effect halving day begins to feel right now.


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Ayebabara (OP)
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July 21, 2023, 10:44:55 PM
 #70

Predicting future events for BTC, no one can predict it 100%. True, it takes a lot of data that has to be juxtaposed to get the level of accuracy. not to mention the market is very volatile. From me, but this is just filing. BTC for this year, must at least exceed 50K first, then it's easy to see it again
Yes no one can give the exact price of BTC and those who use data to predict correctly are exceptional good. The volatile nature of bitcoin also make some bitcoinners to confuse in the price. For you predicting $50k in this year is an another serious prediction. But nothing is impossible.
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July 21, 2023, 10:59:20 PM
 #71

Fundamentals and technical analysis suggests that you should start buying and stop asking for the dip/bottom. Nobody knows it anyway, and even if some users here will give you their predictions if you're not convinced, you will not going to follow it anyway.
It's hard to find the bottom and it's even harder now that we are closely approaching to the next halving, which everyone are anticipating for another bullrun. So, your chances might be now or in the next couple of years. We could already be at the bottom currently at $30k, I don't think we'll fall further @25k either now that most bitcoin holders and traders are gradually accumulating more fractions.

Good luck!
Nothing really beats out if you are really that trying to make use of your own analysis which is combined with fundamentals and technical on which you arent really that relying on other calls and hits or tips because we

are all speculators on here on this market.There's no man nor professional trader would really be able to tell on whats the price movement on the next minute or even hour or days or whatsoever. This is why when having that speculative approach then it would really be always better on having on your own and its not bad to snip out for others idea on applying into you but not completely trying out to mimic or copy theirs.
Should you buy or wait up? Its all according into you.

The price now is stagnating on 30k price point on which we cant really tell on where it would be going on next minute on which its totally unpredictable. This is why
it would be wise on making your own analysis and stick into that. Sometimes waiting up for the bottom do makes us out able to miss out good entries because we are really hoping for more
lower price but not all the time it could really happen.

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July 21, 2023, 11:45:51 PM
 #72

Right now seems bitcoin ideal in dip price, you can buy all in with your fund or spent until three entry investment for protecting if bitcoin going down later.

If we are uncertain of the market then we can just try to DCA.  Buy the amount we think cannot affect our future investments and DCA along the way.  Buy more when we see a dip in price.  This way we can maximize the possible profit our fund can give us.  It would be regretful if we wait for some time and see Bitcoin start to surge.  There are lots of investors experienced this kind of thing and we can read some of them posting in this thread regretting why they hesitate to buy BTC and waited for its price to plummet which does not happen.

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July 22, 2023, 06:32:27 AM
 #73

The current price is around $29k and in my opinion is the right price to buy, but as an investor of course the current purchase is not the last purchase because we must always think realistically that the market is always fluctuating so if one day the price drops then we can buy again.


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Nwada001
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July 22, 2023, 10:06:06 PM
 #74

The current price is around $29k and in my opinion is the right price to buy, but as an investor of course the current purchase is not the last purchase because we must always think realistically that the market is always fluctuating so if one day the price drops then we can buy again.

This method is best for long-time holders and could also be called whales, as they are there with their money ready, looking for every opportunity where the market will dip down a little for them to bag some more Bitcoin and add to their hodlings. They are never worried about price drops, as they have a positive belief in what will become of Bitcoin in the near future.
 
But for a newbie, learning how to know the best time that could be considered the best entering position will really be helpful, as it will save them the stress and trouble that they could have passed through if the market ever experienced any form of unexpected dump. As their eyes are always in the market, such people without the best information always end up panic selling. Which is the worst thing one could ever experience in Bitcoin holdings or trading.

R


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LLBIT
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Asuspawer09
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July 22, 2023, 11:36:05 PM
 #75

Introduction:
Bitcoin is a digital currency that can be used in different ways, both in buying and selling of goods through per-to-per transfer and also in investment which many users of bitcoin are interested. People invest in bitcoin because it flustrates in price either the bearish that people buy and in the bull that they sell. Bitcoin also trend in the eco-space that everyone who is good in the latest technological ideas in the world key into it. Therefore, I should not be exempted for joining the trend and start my journey. I am also aware of the risk that is involved but that will not be an excused to the journey. What's matter is the determination. The price of bitcoin is unpredictable but yet people guest it correctly. Bravo for those guys.
For the crypto space, some people prefer trading to investment while some prefer investment to trading which I might also fall unto and some are for mining.

I wanted to start my bitcoin investment journey but I look at it that the price is still high to start the investment and I am waiting for the price to go down to $20k to $25k or below. Is that a procrastination? If yes, when is the best time to start the journey? Now that the price is still high? Will bitcoin go down again? The way it stand, it looks like it would not go down again until the next halvining and the bull to come. Bitcoin price was good to invest last year which was $16k to $19k but I was not having cash to start the journey but now that I have small cash let me start the investment.
To What Extent Bitcoin Price Will go for the Bear Market
Bitcoin start the year 2023 with a good price and the price in in this year is much more better than last year 2022 and those who invested last year 2023 would not say that this year do does not favour them. And we have spent 7 month in this year and the price of bitcoin right now is $30,277 that is, the price is sliding down compare to last week. So where do you think the price of bitcoin will end for the bear market before this year will end?

To What Extent Bitcoin Price Will go for the Bull Market
As it is said, bitcoin price rised to $20+k from late last year after the bear market and in  this year the price rises to $31k, so what is your speculation on the price before the end of the year?

I mean no one can accurately predict the market that's for sure so we really don't know if the market will stay at its price of around 30k$ or if is it going to up or down to 15k$ or something like that, we cannot be sure because there were just so many factors that are affecting the price of bitcoin, just bad articles or news could easily drop the volatile market price of bitcoin. I'll recommend you buy bitcoin and start accumulating bitcoin right now set a minimum price and buy bitcoin every week, because if your just going to wait there is a possibility that bitcoin is not going go down to 25k$ and it would just stay around 30k$ and then after a few months just completely skyrocket to 40k$ or 50k$ then you just lost a big opportunity with that, so what you can do is start buying right now with the minimum amount that you set then buy bitcoin weekly or monthly something like that, if the market price drops increase the amount of bitcoin you buy, and if the market price increase lower your buying power. In that way, you could guarantee that you will get a good amount of profit when the market skyrockets on Bullrun.

knowngunman
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July 23, 2023, 10:03:56 AM
 #76

25k to 28k range is a good buying target, it could happen soon and maybe it will be the last dump who knows? But I will like to ask why now? Where are you when it was 15,000$ and 17,000$ because that was a very good buying opportunity,  I am still doing my gradual DCA but I went heavy on 15k more than 17k range, and now that it's 30k I still DCA with lower amount of money, it will feel wrong to not have any more money when unexpected dumps happen, which is possible.

You got to be prepared just in case, my advice is you should keep buying small amount of Bitcoin depending on what you have and hope that a better dip will come .

Seems you didn't read the OP post to the end. He clearly stated that he doesn't have money during that period and he missed that precious opportunity to buy but has a little money now and ready to invest now but still skeptical as to which price is best for buying now.

OP this is the perfect time to start your journey as a bitcoin owner. If you are afraid to buy at the current price, you might end up missing this year again. From the speculation, it's possible we might experience a continuation down move to 28k. So I would advise you to begin your journey immediately by DCAing and remember that bitcoin is highly volatile and you should not invest with the money you can not afford to lose.

R


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LLBITCRYPTO
FUTURES
[
1,000x
LEVERAGE
][
.
COMPETITIVE
FEES
][
INSTANT
EXECUTION
]██████
██
██
██
██
██
██
██
██
██
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██
██████
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.
TRADE NOW
.
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Ayers
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July 23, 2023, 11:05:09 AM
 #77

25k to 28k range is a good buying target, it could happen soon and maybe it will be the last dump who knows? But I will like to ask why now? Where are you when it was 15,000$ and 17,000$ because that was a very good buying opportunity,  I am still doing my gradual DCA but I went heavy on 15k more than 17k range, and now that it's 30k I still DCA with lower amount of money, it will feel wrong to not have any more money when unexpected dumps happen, which is possible.

You got to be prepared just in case, my advice is you should keep buying small amount of Bitcoin depending on what you have and hope that a better dip will come .

Seems you didn't read the OP post to the end. He clearly stated that he doesn't have money during that period and he missed that precious opportunity to buy but has a little money now and ready to invest now but still skeptical as to which price is best for buying now.

OP this is the perfect time to start your journey as a bitcoin owner. If you are afraid to buy at the current price, you might end up missing this year again. From the speculation, it's possible we might experience a continuation down move to 28k. So I would advise you to begin your journey immediately by DCAing and remember that bitcoin is highly volatile and you should not invest with the money you can not afford to lose.

If comparing the current price with the most recent ATH, it is still a good time to buy bitcoin, and we can use the DCA strategy because no one knows what bitcoin will look like tomorrow. But I think about OP, even if he has money, he won't dare to buy when bitcoin hits $15k. Because at the current price, he is still more skeptical than he should buy immediately.

Many people were in the same situation as him, they didn't buy bitcoin when it hit $15k because they thought it would fall even further. But then they learned that they missed the bottom, and now they continue to doubt the current price.

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July 23, 2023, 06:15:31 PM
 #78

I don't think BTC will drop below $30k this time. I mean, you should make your own decision, I'm just sharing my opinion. I'm buying it now to be prepared for the pump.
This is why he is here with us, with this post/thread because he can't decide for himself so he wants our opinion instead if what actions he must be doing. For now maybe BTC won't drop below $30k but later on, I still believe it can, so I suggest the OP to wait for it if he wants some discounts. The halving time or the bull time is still a long way to go so I'm confident about my prediction.

For those who will buy early like you, you can still hold hard if the price declines so that you will avoid losing and maybe on top of that you can continue buying for more. It is only wrong to buy when the price is at their highest peak already because after that is usually followed by a bear market and it will take a long time for us to see recovery or a bull run again.
Maybe not like wait with all your money though, because it may also go up and then he would be late. I would suggest buy some at around 30k range, and if it goes down then buy some more, and if it goes up then buy some more there as well. That way you are not missing so much, neither the profit or the loss, you are getting in with both of them at the same time.

I highly suggest that it should be something that would be more sensitive, and we could potentially do that a lot easier that way. I believe that we can't really do anything that would be wild, but we can definitely do it if we want to. I hope that the best thing that comes out of this would be making sure that it is going to be people realizing diversification and DCA is key.

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July 23, 2023, 06:22:23 PM
 #79

I don't think BTC will drop below $30k this time. I mean, you should make your own decision, I'm just sharing my opinion. I'm buying it now to be prepared for the pump.
This is why he is here with us, with this post/thread because he can't decide for himself so he wants our opinion instead if what actions he must be doing. For now maybe BTC won't drop below $30k but later on, I still believe it can, so I suggest the OP to wait for it if he wants some discounts. The halving time or the bull time is still a long way to go so I'm confident about my prediction.

For those who will buy early like you, you can still hold hard if the price declines so that you will avoid losing and maybe on top of that you can continue buying for more. It is only wrong to buy when the price is at their highest peak already because after that is usually followed by a bear market and it will take a long time for us to see recovery or a bull run again.
Maybe not like wait with all your money though, because it may also go up and then he would be late. I would suggest buy some at around 30k range, and if it goes down then buy some more, and if it goes up then buy some more there as well. That way you are not missing so much, neither the profit or the loss, you are getting in with both of them at the same time.

I highly suggest that it should be something that would be more sensitive, and we could potentially do that a lot easier that way. I believe that we can't really do anything that would be wild, but we can definitely do it if we want to. I hope that the best thing that comes out of this would be making sure that it is going to be people realizing diversification and DCA is key.
Buying and selling could really be having that different moment or time that we should do unless if we are going for long term aspect then we wont really be selling any coins at all but doesnt mean
that we shouldn't really be mindful about our entry.Just like been said that it is really that important on having that kind of entry which it should really be that low in price so that we could really be able to maximize profitability on which it is really our main priority or concern because if we do  enter on the higher price then it would be less but due to unpredictability of market price then it cant really be avoided to commit out errors and mistakes when it comes to this. This would really be a tough decision when it comes to buying moment specially if you do see the price is going down.Yes, we are really that indeed waiting for the dip but we know that on the time that we are on there, we do have already those doubts and fears on which we cant really be even so sure about the price.
This is why its not really that something new that you would really be missing out lots of opportunities just because you do keep on waiting on the lowest price as possible.
This is why decisions would really be made will definitely be basing up on what you had analyzed or reconsider.
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July 23, 2023, 06:32:13 PM
 #80

I don't think BTC will drop below $30k this time. I mean, you should make your own decision, I'm just sharing my opinion. I'm buying it now to be prepared for the pump.
This is why he is here with us, with this post/thread because he can't decide for himself so he wants our opinion instead if what actions he must be doing. For now maybe BTC won't drop below $30k but later on, I still believe it can, so I suggest the OP to wait for it if he wants some discounts. The halving time or the bull time is still a long way to go so I'm confident about my prediction.

For those who will buy early like you, you can still hold hard if the price declines so that you will avoid losing and maybe on top of that you can continue buying for more. It is only wrong to buy when the price is at their highest peak already because after that is usually followed by a bear market and it will take a long time for us to see recovery or a bull run again.
Maybe not like wait with all your money though, because it may also go up and then he would be late. I would suggest buy some at around 30k range, and if it goes down then buy some more, and if it goes up then buy some more there as well. That way you are not missing so much, neither the profit or the loss, you are getting in with both of them at the same time.

I highly suggest that it should be something that would be more sensitive, and we could potentially do that a lot easier that way. I believe that we can't really do anything that would be wild, but we can definitely do it if we want to. I hope that the best thing that comes out of this would be making sure that it is going to be people realizing diversification and DCA is key.
Buying and selling could really be having that different moment or time that we should do unless if we are going for long term aspect then we wont really be selling any coins at all but doesnt mean
that we shouldn't really be mindful about our entry.Just like been said that it is really that important on having that kind of entry which it should really be that low in price so that we could really be able to maximize profitability on which it is really our main priority or concern because if we do  enter on the higher price then it would be less but due to unpredictability of market price then it cant really be avoided to commit out errors and mistakes when it comes to this. This would really be a tough decision when it comes to buying moment specially if you do see the price is going down.Yes, we are really that indeed waiting for the dip but we know that on the time that we are on there, we do have already those doubts and fears on which we cant really be even so sure about the price.
This is why its not really that something new that you would really be missing out lots of opportunities just because you do keep on waiting on the lowest price as possible.
This is why decisions would really be made will definitely be basing up on what you had analyzed or reconsider.

I always think that crypto purchases should be made gradually. Because I pay attention when giving an opinion to someone and I think about the possibility of the opposite of what I said. If we can buy crypto gradually, we have a chance to buy it again when the crypto price drops. If we buy all our money at one price and the price drops, all we have to do is wait.

Bitcoin's price is volatile. What is expensive for you today may be even more expensive tomorrow. Or what is cheap today may be even cheaper tomorrow. That's why I think every level of Bitcoin price is suitable for buying. The question that the investor should ask himself is, should I make a long-term or short-term investment? When you answer this question, it is easier to determine where to buy from.
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