Should I buy now or I should still wait for the dip?

[Hamphser]

It is true that bitcoin is having a hard time trying to break $30,000 but that doesn't mean it will definitely drop below 29,000 or 28,000 or deeper. I agree with you that we need to have an analysis before making a decision to buy bitcoin, but if you think buying at this time is not appropriate, I disagree. If you are a long-term investor and use DCA tactics, why not now? $30k is also not a bad entry point if your bitcoin sell target is a new ATH. Don't hesitate to buy bitcoins whenever you can because bitcoins are unpredictable, and neither analysis can guarantee you. What if bitcoin doesn't drop below $28k and it breaks $30k and approaches $35k? You will buy at a higher price now.

If one is thinking of long-term investment then entry into Bitcoin can be a good entry at this time. Bitcoin price may drop to $25k, but it is more likely that Bitcoin will touch $35k soon. If the price of Bitcoin falls after taking an entry in the current time, instead of worrying, we can get another entry opportunity. I agree with you that if someone is a long term investor why can't he enter at this price. We certainly expect Bitcoin to make a new all-time high this bull season. Looking at the current price, you can say that there should never be any hesitation in buying Bitcoin, but if Bitcoin crosses the $50k mark, one has to be cautious in taking an entry. The timing of entry into Bitcoin is very important. Wrong entry can lead to loss instead of profit.

Every price would be an entry price and this is something that would really be that not much of an issue to those people who are really that going for long term but for those who are doing short term then they are the ones who would really be that too mindful about having those entries on which using up different analysis and approach using TA's and FA's at the same time. The main question now is, would it really be that ideal to take up some buy as of this current writing or moment when it comes to its price? I could say that it isnt really that bad on having an entry on this point and as long you arent dealing with futures and dont
set some stop losses then you should be fine specially if you are doing spots but if futures then its not guarantee.

For most people now are waiting for 25k below price in speaking about the support but its not something guarantee that we would be seeing these numbers but eventually it would be basing up
if the market would be having some negative news then we might be able to touch up that space but if there's none then this might be the bottom that we are seeing now.

[DanWalker]

It is true that bitcoin is having a hard time trying to break $30,000 but that doesn't mean it will definitely drop below 29,000 or 28,000 or deeper. I agree with you that we need to have an analysis before making a decision to buy bitcoin, but if you think buying at this time is not appropriate, I disagree. If you are a long-term investor and use DCA tactics, why not now? $30k is also not a bad entry point if your bitcoin sell target is a new ATH. Don't hesitate to buy bitcoins whenever you can because bitcoins are unpredictable, and neither analysis can guarantee you. What if bitcoin doesn't drop below $28k and it breaks $30k and approaches $35k? You will buy at a higher price now.

If one is thinking of long-term investment then entry into Bitcoin can be a good entry at this time. Bitcoin price may drop to $25k, but it is more likely that Bitcoin will touch $35k soon. If the price of Bitcoin falls after taking an entry in the current time, instead of worrying, we can get another entry opportunity. I agree with you that if someone is a long term investor why can't he enter at this price. We certainly expect Bitcoin to make a new all-time high this bull season. Looking at the current price, you can say that there should never be any hesitation in buying Bitcoin, but if Bitcoin crosses the $50k mark, one has to be cautious in taking an entry. The timing of entry into Bitcoin is very important. Wrong entry can lead to loss instead of profit.

Every price would be an entry price and this is something that would really be that not much of an issue to those people who are really that going for long term but for those who are doing short term then they are the ones who would really be that too mindful about having those entries on which using up different analysis and approach using TA's and FA's at the same time. The main question now is, would it really be that ideal to take up some buy as of this current writing or moment when it comes to its price? I could say that it isnt really that bad on having an entry on this point and as long you arent dealing with futures and dont
set some stop losses then you should be fine specially if you are doing spots but if futures then its not guarantee.

If talking about trading or trading futures, you need more analysis, more data to choose the right time to trade. But if you are a long term investor and only sell bitcoin during the next bull season then you can even buy now without analysis.

For most people now are waiting for 25k below price in speaking about the support but its not something guarantee that we would be seeing these numbers but eventually it would be basing up
if the market would be having some negative news then we might be able to touch up that space but if there's none then this might be the bottom that we are seeing now.

In short, anything is possible and bitcoin remains unpredictable. But we are talking long term holding, so buying now is perfectly appropriate even if bitcoin drops to $25k right after we buy, it won't affect us if we don't sell it. But if we don't buy from now, bitcoin doesn't drop to $25k but goes to $35k then that will be a big problem for us.

[uswa56]

It is true that bitcoin is having a hard time trying to break $30,000 but that doesn't mean it will definitely drop below 29,000 or 28,000 or deeper. I agree with you that we need to have an analysis before making a decision to buy bitcoin, but if you think buying at this time is not appropriate, I disagree. If you are a long-term investor and use DCA tactics, why not now? $30k is also not a bad entry point if your bitcoin sell target is a new ATH. Don't hesitate to buy bitcoins whenever you can because bitcoins are unpredictable, and neither analysis can guarantee you. What if bitcoin doesn't drop below $28k and it breaks $30k and approaches $35k? You will buy at a higher price now.

If one is thinking of long-term investment then entry into Bitcoin can be a good entry at this time. Bitcoin price may drop to $25k, but it is more likely that Bitcoin will touch $35k soon. If the price of Bitcoin falls after taking an entry in the current time, instead of worrying, we can get another entry opportunity. I agree with you that if someone is a long term investor why can't he enter at this price. We certainly expect Bitcoin to make a new all-time high this bull season. Looking at the current price, you can say that there should never be any hesitation in buying Bitcoin, but if Bitcoin crosses the $50k mark, one has to be cautious in taking an entry. The timing of entry into Bitcoin is very important. Wrong entry can lead to loss instead of profit.

If it's for long term investing I think there's a lot of the right time to get in, we just need to stick to the previous ATH, that's if we plan to invest long term.
but for Bitcoin trading, of course entry time is the most important thing, there are many indications that must be studied beforehand and look at Bitcoin price movements/charts because that really determines profit or loss.
As it is right now, the price of Bitcoin tends to be stable and I think that if so, everything is possible.

[SmartGold01]

Yeah I can see this is where most people got it twisted by waiting for a commendation while the time keeps going, even though I didn't derived anything from your post but I got this clearly "when you said last year the price was around 15k to 19k" have you compared the margin? Yes this alone should sound as a big lesson to you because if that you did invest last year with the accumulation process you could had have ended up cycling lots of fractions without waiting for people's commendations or validations.

Anytime any moments any hours is always the good time to buy because let's turned back the hand of time you would see that each year that passes by are always good time to buy despite haven achieved another high price target but that doesn't mean we won't experience another greater one in time to come, so comparing whether to trade or investment.

We'll To me is best advisable to follow up the one you think of handling without any stress of having to witness any heart breaking since most people do attached so much feelings to their investment could make them restlessness alongside when the market seems that be unstable.

So, why not declare interest to start your journey than waiting for recommendations and validations, even if you don't investment today you would still come back to start regretting of your past of not taking the bold steps and invest at the right time.

[Mr. Magkaisa]

    -    If you are a long term holder, you should not ask if you are going to wait for Bitcoin's value to drop, instead when you have Bitcoin to buy regardless of its current price, buy it, this is the DCA (Dollar cost average) method. you are saving for the coming bull run next year.

Because if that's the way you think before you buy, you're not a long-term holder, that's just the way it is, the one who wants to do day trading activity. So if you ask such a question, it also means that you don't know what you are investing in this Bitcoin business. You should make sure and find out for yourself if you are a short or long-term holder, this is just a peace of reminders.

[Minecache]

    -    If you are a long term holder, you should not ask if you are going to wait for Bitcoin's value to drop, instead when you have Bitcoin to buy regardless of its current price, buy it, this is the DCA (Dollar cost average) method. you are saving for the coming bull run next year.

Because if that's the way you think before you buy, you're not a long-term holder, that's just the way it is, the one who wants to do day trading activity. So if you ask such a question, it also means that you don't know what you are investing in this Bitcoin business. You should make sure and find out for yourself if you are a short or long-term holder, this is just a peace of reminders.

No day trader would ask that stupid question, I think OP is a long term investor but he is looking for a better price to buy bitcoin.

I know there are some investors in my area who have yet to buy bitcoin because they still believe there is going to be a bigger dumping coming and they are still waiting for that to happen. But I assure you they will have to buy higher than current price because of their greed, they missed the opportunity when bitcoin dropped to $15k last year and now they are still waiting.

OP will be in the same situation as those people if he continues to wait to buy low, while we all know bitcoin is unpredictable. Furthermore, we have a DCA strategy, why don't we take advantage of it?

[Frankolala]

    -    If you are a long term holder, you should not ask if you are going to wait for Bitcoin's value to drop, instead when you have Bitcoin to buy regardless of its current price, buy it, this is the DCA (Dollar cost average) method. you are saving for the coming bull run next year.

Because if that's the way you think before you buy, you're not a long-term holder, that's just the way it is, the one who wants to do day trading activity. So if you ask such a question, it also means that you don't know what you are investing in this Bitcoin business. You should make sure and find out for yourself if you are a short or long-term holder, this is just a peace of reminders.

No day trader would ask that stupid question, I think OP is a long term investor but he is looking for a better price to buy bitcoin.

I know there are some investors in my area who have yet to buy bitcoin because they still believe there is going to be a bigger dumping coming and they are still waiting for that to happen. But I assure you they will have to buy higher than current price because of their greed, they missed the opportunity when bitcoin dropped to $15k last year and now they are still waiting.

OP will be in the same situation as those people if he continues to wait to buy low, while we all know bitcoin is unpredictable. Furthermore, we have a DCA strategy, why don't we take advantage of it?

Those people that are waiting to buy bitcoin in a lower price are only procrastinating and they might end up not having any bitcoin. They wouldn't also make profit from bitcoin bull run because they are greedy and it might lead them to great loss,if they get the FOMO when bitcoin price gets to the bull run. Before they  know it,the bull market will be over and their investment will depreciate drastically.

Such people are the ones that will think that they have been fooled but no knowing that it was their greed that made them to buy at the wrong time. It is better to buy now because we might not see bitcoin price as low as this anymore before the bull run.

[armanda90]

I don't think what in people or trader minds about waiting for dip price for reinvesting, many time when bitcoin price drop drastically almost of them worried and will bitcoin scam later? Need to change with trader mindset with great opportunity coming and bitcoin have been in the dip price why now not buy as much possibility and what for waiting for another dip?
Current Bitcoin price looks have been in the dip price and don't waiting when close with halving bitcoin will drop, actually closing with halving almost coins will back to higher price and there are not chance yet for buying in dip price. Invest now or never if want earn profit later without needed waiting another time for bitcoin or altcoin back to dip price.

[Minecache]

    -    If you are a long term holder, you should not ask if you are going to wait for Bitcoin's value to drop, instead when you have Bitcoin to buy regardless of its current price, buy it, this is the DCA (Dollar cost average) method. you are saving for the coming bull run next year.

Because if that's the way you think before you buy, you're not a long-term holder, that's just the way it is, the one who wants to do day trading activity. So if you ask such a question, it also means that you don't know what you are investing in this Bitcoin business. You should make sure and find out for yourself if you are a short or long-term holder, this is just a peace of reminders.

No day trader would ask that stupid question, I think OP is a long term investor but he is looking for a better price to buy bitcoin.

I know there are some investors in my area who have yet to buy bitcoin because they still believe there is going to be a bigger dumping coming and they are still waiting for that to happen. But I assure you they will have to buy higher than current price because of their greed, they missed the opportunity when bitcoin dropped to $15k last year and now they are still waiting.

OP will be in the same situation as those people if he continues to wait to buy low, while we all know bitcoin is unpredictable. Furthermore, we have a DCA strategy, why don't we take advantage of it?

Those people that are waiting to buy bitcoin in a lower price are only procrastinating and they might end up not having any bitcoin. They wouldn't also make profit from bitcoin bull run because they are greedy and it might lead them to great loss,if they get the FOMO when bitcoin price gets to the bull run. Before they  know it,the bull market will be over and their investment will depreciate drastically.

Such people are the ones that will think that they have been fooled but no knowing that it was their greed that made them to buy at the wrong time. It is better to buy now because we might not see bitcoin price as low as this anymore before the bull run.

Investing without a specific plan and just entering the market with greed will always have bad results. But that is the law of financial markets, we cannot expect everyone to be equally wise. If there are no greedy and stupid people, who will become the liquidity pool for the market? It sounds harsh but that's what's going on. The marketplace is a battlefield, which means there will be winners and losers, without a marketplace, everyone wins.

But what's to blame here is when they lose because of their blind greed, but they blame the bitcoin scam instead of admitting they're stupid, as you said.

[YUriy1991]

I want to say one thing Bitcoin is a Good Investment in 2023 and the questions you ask about that I think are normal and reasonable. Well, try to role go back for a moment and pay attention to the performance of investors who have been successful before, i.e. long term Bitcoin Investors and they have done better and remember guys, Next Bitcoin Halving is Getting Closer and finally Bitcoin is Very Liquid and Affordable whenever you want sell back after you buy because BTC is traded 24 hours per day, 7 days per week. meaning do you exchange your Bitcoin for money anytime.

[Bloodseekers]

Investing without a specific plan and just entering the market with greed will always have bad results. But that is the law of financial markets, we cannot expect everyone to be equally wise. If there are no greedy and stupid people, who will become the liquidity pool for the market? It sounds harsh but that's what's going on. The marketplace is a battlefield, which means there will be winners and losers, without a marketplace, everyone wins.

But what's to blame here is when they lose because of their blind greed, but they blame the bitcoin scam instead of admitting they're stupid, as you said.

It's true, as you said, without planning in investing, if we don't have some planning, it will make us very greedy, we can't control ourselves in a fluctuating market, it will be very detrimental for us. I like your term the market is a battlefield only people who have special skills can win a battle. I think only stupid people don't want to be blamed, if people have a high sense of curiosity, of course they will learn if they fail.

[CageMabok]

I want to say one thing Bitcoin is a Good Investment in 2023 and the questions you ask about that I think are normal and reasonable. Well, try to role go back for a moment and pay attention to the performance of investors who have been successful before, i.e. long term Bitcoin Investors and they have done better and remember guys, Next Bitcoin Halving is Getting Closer and finally Bitcoin is Very Liquid and Affordable whenever you want sell back after you buy because BTC is traded 24 hours per day, 7 days per week. meaning do you exchange your Bitcoin for money anytime.

What Bitcoin investors are thinking about this year is not a sector that can be exchanged at any time, but a sector that has better and decent profits. Because in terms of exchanging it at any time, it has been very clear from the past that Bitcoin can indeed be exchanged at any time in the market as long as someone has it.

Because most investors when buying Bitcoin for the first time also use money from their respective countries which are then put into the market, so it is very logical in this case that what investors are thinking about now is long-term profits, not the problem of being able to exchange when just. And the proof of profits in the past can also be seen by many people if investors who often invest in Bitcoin for a certain duration, it can be said that they have won extraordinary wins through their own investments.

[Joshapat]

Investing without a specific plan and just entering the market with greed will always have bad results. But that is the law of financial markets, we cannot expect everyone to be equally wise. If there are no greedy and stupid people, who will become the liquidity pool for the market? It sounds harsh but that's what's going on. The marketplace is a battlefield, which means there will be winners and losers, without a marketplace, everyone wins.

But what's to blame here is when they lose because of their blind greed, but they blame the bitcoin scam instead of admitting they're stupid, as you said.

It's true, as you said, without planning in investing, if we don't have some planning, it will make us very greedy, we can't control ourselves in a fluctuating market, it will be very detrimental for us. I like your term the market is a battlefield only people who have special skills can win a battle. I think only stupid people don't want to be blamed, if people have a high sense of curiosity, of course they will learn if they fail.

I think the usual thing is if we invest and hope to get big profits, there is no word greedy for investors, of course people who buy bitcoin when the price is below $ 1 and then hold it until now are not greedy people, they are always patient and want to sell at a lower price higher, of course the risk always makes us vigilant.

[slaman29]

Dip just happened over the last 24 hours and funnily enough, I don't see people rushing to buy but recovery looks like it's about to happen anyway.

Trick as usual is to guess if it goes even lower or if it can recover 30k.

Nobody thinks this is a great buy opp?

[Davian144]

It's true, as you said, without planning in investing, if we don't have some planning, it will make us very greedy, we can't control ourselves in a fluctuating market, it will be very detrimental for us. I like your term the market is a battlefield only people who have special skills can win a battle. I think only stupid people don't want to be blamed, if people have a high sense of curiosity, of course they will learn if they fail.

In fact, this is not a term, but rather a common sense that must exist for everyone who likes to enter the market to trade for profit. Because without learning how to trade or how to invest and how to manage capital well enough, someone will experience something very unfortunate when losses come their way. So obviously there has to be some special expertise if we like to be in the market long term, but for investors I don't think they need to be in the market very long and often because they prefer to keep assets after buying at the price level they want.

I think the usual thing is if we invest and hope to get big profits, there is no word greedy for investors, of course people who buy bitcoin when the price is below $ 1 and then hold it until now are not greedy people, they are always patient and want to sell at a lower price higher, of course the risk always makes us vigilant.

Waiting and being patient is part of the struggle or effort on the part of the investors themselves so that they are not greedy people because they have tried their best when buying Bitcoin at low prices which maybe at that time not many people had the ability to do the same thing. So those who benefit from investment are also very much based on their own beliefs in terms of not having any hesitation to buy when they see that the price of Bitcoin has been at a cheap level.

[Oilacris]

I want to say one thing Bitcoin is a Good Investment in 2023 and the questions you ask about that I think are normal and reasonable. Well, try to role go back for a moment and pay attention to the performance of investors who have been successful before, i.e. long term Bitcoin Investors and they have done better and remember guys, Next Bitcoin Halving is Getting Closer and finally Bitcoin is Very Liquid and Affordable whenever you want sell back after you buy because BTC is traded 24 hours per day, 7 days per week. meaning do you exchange your Bitcoin for money anytime.

What Bitcoin investors are thinking about this year is not a sector that can be exchanged at any time, but a sector that has better and decent profits. Because in terms of exchanging it at any time, it has been very clear from the past that Bitcoin can indeed be exchanged at any time in the market as long as someone has it.

Because most investors when buying Bitcoin for the first time also use money from their respective countries which are then put into the market, so it is very logical in this case that what investors are thinking about now is long-term profits, not the problem of being able to exchange when just. And the proof of profits in the past can also be seen by many people if investors who often invest in Bitcoin for a certain duration, it can be said that they have won extraordinary wins through their own investments.

Long term or short term which it would really be that varying or depending on someones goals and preference on which we know that not all would really be holding for long term and would really be having plans on dealing with it on shorter term. We arent that dumb or numb not to see about Bitcoins potential in regarding on just seeing on what are the things that happened in the past.

When you are tending to buy then you would be always looking for the bottom and how to realize the bottom or how you would be able to know that spot? This is what everybody is really that
trying out to target on which since this market is that random and unpredictable then positioning would  really be random too on those points. Buying or selling decisions would be entirely
be depending on which your analysis is been telling. We do have different approach and analysis we do have and this is why decisions and positioning would really be varying.
Now that we are on some decline then its impossible that there would be no traders wont be seeing this as an opportunity.

[slaman29]

Nobody thinks this is a great buy opp?

he is waiting for a couple of thousand before considering it dip, but the more she waits is the more she losses a chances.
buy now or buy never.

That will never happen at this stage. Even if it does, he won't have the time to buy it like he thinks he does. Crashes like that are sudden and will be extremely low liquidity. Even if he has a limit order which I doubt he has it won't be filled.

Classic error for newbies who think they can time, and then rally comes and they miss the ship

[Moreno233]

Nobody thinks this is a great buy opp?

he is waiting for a couple of thousand before considering it dip, but the more she waits is the more she losses a chances.
buy now or buy never.

That will never happen at this stage. Even if it does, he won't have the time to buy it like he thinks he does. Crashes like that are sudden and will be extremely low liquidity. Even if he has a limit order which I doubt he has it won't be filled.

Classic error for newbies who think they can time, and then rally comes and they miss the ship

At the present level, do you think the bottom have been established? I'm just seeking your opinion and not really financial advise. Personally I feel it has been established but then, the market will do what it wants.

[stomachgrowls]

Nobody thinks this is a great buy opp?

he is waiting for a couple of thousand before considering it dip, but the more she waits is the more she losses a chances.
buy now or buy never.

That will never happen at this stage. Even if it does, he won't have the time to buy it like he thinks he does. Crashes like that are sudden and will be extremely low liquidity. Even if he has a limit order which I doubt he has it won't be filled.

Classic error for newbies who think they can time, and then rally comes and they miss the ship

At the present level, do you think the bottom have been established? I'm just seeking your opinion and not really financial advise. Personally I feel it has been established but then, the market will do what it wants.

There's no one would be able to identify whether the current price would be the bottom or not and its not something that could be known whether the price would be pointing into its lowest price as of this moment or would

really be able to go far more below with the current numbers that we do have now. This is why it would really be just that not easy if you do always look for the bottom but well it is really just that always a challenge on predicting prices because of this unpredictable behavior of this market, this is why we do hit or miss out certain conditions but if you are that someone who do really go for long term then these movements wont really be that an issue but since not all going for long term then this is why they would really be that mindful on short term approach.

Now is the decision whether you would really be buying on this dip or would really be waiting up for more lower price which its not been sure whether it would push through below or we
would be seeing some next in line recovery which its always been a normal situation that we do have in this market because the market cant really be just moving in one path.

[slaman29]

At the present level, do you think the bottom have been established? I'm just seeking your opinion and not really financial advise. Personally I feel it has been established but then, the market will do what it wants.

No, I think I made it clear before bottom has to come with a major bad event, which strangely hasn't happened yet. Luna and FTX collapses were bad but very short periods and not "global" enough. We need major disaster first.

Now is the decision whether you would really be buying on this dip or would really be waiting up for more lower price which its not been sure whether it would push through below or we
would be seeing some next in line recovery which its always been a normal situation that we do have in this market because the market cant really be just moving in one path.

All these guys ask pointless questions as if opinions change anyone's mind. Other posts say Elon Musk, so if he Tweets people will follow? Nobody who says they are waiting for right price will buy, it's all empty talk and the real buyers are just happily waiting AND buying.