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

[justdimin]

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

I think it does make sense to put an order at those levels in order to make sure that you buy it at the dip, but it would be smarter to have some spread across a lot of prices. Like do not have one for very little, I could put an order at 1k if it ever gets there, just in case, doesn't mean it I will get it.

So why not have some at 25k, some at 23k, some at 20k, some at 17k and so forth? That way I would be buying along the way when it is going down, and wherever it stops, I will not be too late to buy, and already bought some on the way. That will definitely benefit people, I did sort of like that at 30k and 29k, but that doesn't mean that we are going to be right all the time, like me who bought at 29k but it went lower.

[RewFrew]

I think in this situation DCA is best for investors. Do not sold Your Coin just now. We saw Bitcoin price still decreasing, Now Bitcoin price is Near about $26k. I think it will more dump. So my advice we have to buy in every dump. It is better strategy for crypto investment. Cryptocurrency market is always unpredictable it could pump anytime. So DCA is best strategy for every investors. My analysis telling ot could be come $23k again and from there Bitcoin price will up again and first quarter of 2024 Bitcoin price will tough ATH and end of the 2024 Bitcoin price will hit $100. So i think never anyone should sold his Bitcoin now. Wait for next Bull session.

[Agbe]

Investment has no specific period because the market is volatile and unpredictable, if you say that this is the best to to invest and the market suddenly shoot up before you purchase or the market deeply fall down to the bottom and at that time of two to three months you want to sell the bitcoin to pay bill what will you do? So you have to take time to make some research and surveys before you key into the market so that you will not be shacking. But to say the truth this period is also good to buy buy but please understand the market first.

[Texac]

I think in this situation DCA is best for investors. Do not sold Your Coin just now. We saw Bitcoin price still decreasing, Now Bitcoin price is Near about $26k. I think it will more dump. So my advice we have to buy in every dump. It is better strategy for crypto investment. Cryptocurrency market is always unpredictable it could pump anytime. So DCA is best strategy for every investors. My analysis telling ot could be come $23k again and from there Bitcoin price will up again and first quarter of 2024 Bitcoin price will tough ATH and end of the 2024 Bitcoin price will hit $100. So i think never anyone should sold his Bitcoin now. Wait for next Bull session.

While I don't know if bitcoin will go up or continue to fall in the coming days, I don't trust your analysis as I don't see technical analysis working well for bitcoin.  with what happened in the past few days, it broke everyone's analysis, no one made an accurate prediction with what happened.
But I totally agree with your DCA strategy, let's always buy at every dump.  it is the best solution for an unpredictable market like bitcoin.  

But the confusing thing is that many people do not want to use it, and they are always looking for the lowest price to buy while we all know it is impossible to know where is the bottom and where is the top of bitcoin.

[kotajikikox]

Introduction:

Trust me mate, start Buying now ., you have waste a month since you asked this in july , so please consider buying these days or else you will regret that.

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?

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.

[slaman29]

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

I think it does make sense to put an order at those levels in order to make sure that you buy it at the dip, but it would be smarter to have some spread across a lot of prices. Like do not have one for very little, I could put an order at 1k if it ever gets there, just in case, doesn't mean it I will get it.

So why not have some at 25k, some at 23k, some at 20k, some at 17k and so forth? That way I would be buying along the way when it is going down, and wherever it stops, I will not be too late to buy, and already bought some on the way. That will definitely benefit people, I did sort of like that at 30k and 29k, but that doesn't mean that we are going to be right all the time, like me who bought at 29k but it went lower.

Only serious or enterprise level traders set limit order mostly because you need to lock your capital. Then, most platforms also restrict you on the minimum/maximum level you ca limit at, in my experience only high level verified traders get a good % of current price (all the flash crash events resulted in this.

Newbies and amateur traders who're mainly posting these are too busy short term trading to keep aside limit order capital

I keep saying, prove me wrong

[aoluain]

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

I think it does make sense to put an order at those levels in order to make sure that you buy it at the dip, but it would be smarter to have some spread across a lot of prices. Like do not have one for very little, I could put an order at 1k if it ever gets there, just in case, doesn't mean it I will get it.

So why not have some at 25k, some at 23k, some at 20k, some at 17k and so forth? That way I would be buying along the way when it is going down, and wherever it stops, I will not be too late to buy, and already bought some on the way. That will definitely benefit people, I did sort of like that at 30k and 29k, but that doesn't mean that we are going to be right all the time, like me who bought at 29k but it went lower.

Ah but you can just buy again!

So we have a dip now, I sincerely hope that with this the people who were holding out
for "the dip" have actually bought it after waiting and waiting and havent partaken
in DCA.

This recent dip was a perfect opportunity to buy cheaper Bitcoin and the chances of
sub $30k pricing will get les and less as we move closer to the halving and even the
six months prior tome frame.

[romero121]

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

I think it does make sense to put an order at those levels in order to make sure that you buy it at the dip, but it would be smarter to have some spread across a lot of prices. Like do not have one for very little, I could put an order at 1k if it ever gets there, just in case, doesn't mean it I will get it.

So why not have some at 25k, some at 23k, some at 20k, some at 17k and so forth? That way I would be buying along the way when it is going down, and wherever it stops, I will not be too late to buy, and already bought some on the way. That will definitely benefit people, I did sort of like that at 30k and 29k, but that doesn't mean that we are going to be right all the time, like me who bought at 29k but it went lower.

Ah but you can just buy again!

So we have a dip now, I sincerely hope that with this the people who were holding out
for "the dip" have actually bought it after waiting and waiting and havent partaken
in DCA.

This recent dip was a perfect opportunity to buy cheaper Bitcoin and the chances of
sub $30k pricing will get les and less as we move closer to the halving and even the
six months prior tome frame.

The dip is completed unexpected and the price of bitcoin have fallen below 20 week average. The price have fallen 18% from the peak value registered on July. Sellers are in perfect control and there is no specific reason described as the reason for the crash in the market.

The price drop is a perfect opportunity to buy at a lower price. The price of bitcoin used to be bullish when we get close to halving. In connection to the halving there used to have some downturn in the market and from there bullish move takes place than bouncing from a higher price.

[slaman29]

So why not have some at 25k, some at 23k, some at 20k, some at 17k and so forth? That way I would be buying along the way when it is going down, and wherever it stops, I will not be too late to buy, and already bought some on the way. That will definitely benefit people, I did sort of like that at 30k and 29k, but that doesn't mean that we are going to be right all the time, like me who bought at 29k but it went lower.

Ah but you can just buy again!

So we have a dip now, I sincerely hope that with this the people who were holding out
for "the dip" have actually bought it after waiting and waiting and havent partaken
in DCA.

Like I've been saying this entire thread, I think those posters generally aren't really even doing what they're claiming. Anyone serious enough is already doing DCA. Anyone who said at 30k they were waiting for the dip, I bet you, they're waiting for 20k now. And guess if they'll buy at 20k

The price drop is a perfect opportunity to buy at a lower price.

And have you bought any? No point saying what everyone else knows, especially if you're not buying

[Reatim]

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?

Looks like you have a view in market mate, because if this continues then we may expect seeing 20k level as we are now dumped at 25-26k level.
and also seeing the market moving towards downing ?
i believe that we will stay long in this situation and maybe will see the best thing next year or the next.

[Xcode7]

The dip is completed unexpected and the price of bitcoin have fallen below 20 week average. The price have fallen 18% from the peak value registered on July. Sellers are in perfect control and there is no specific reason described as the reason for the crash in the market.

The price drop is a perfect opportunity to buy at a lower price. The price of bitcoin used to be bullish when we get close to halving. In connection to the halving there used to have some downturn in the market and from there bullish move takes place than bouncing from a higher price.

Currently the price of Bitcoin has been steadily declining in recent weeks despite a slow correction, we are getting further away from the 30k price.
No one really knows to what extent Bitcoin will fall and when it will recover, but there are several indicators that can be studied before deciding to enter/buy.
I think the matter of waiting or entering now depends on future planning, the price of Bitcoin continues to move rapidly so we must also be prepared for that.

[aoluain]

So why not have some at 25k, some at 23k, some at 20k, some at 17k and so forth? That way I would be buying along the way when it is going down, and wherever it stops, I will not be too late to buy, and already bought some on the way. That will definitely benefit people, I did sort of like that at 30k and 29k, but that doesn't mean that we are going to be right all the time, like me who bought at 29k but it went lower.

Ah but you can just buy again!

So we have a dip now, I sincerely hope that with this the people who were holding out
for "the dip" have actually bought it after waiting and waiting and havent partaken
in DCA.

Like I've been saying this entire thread, I think those posters generally aren't really even doing what they're claiming. Anyone serious enough is already doing DCA. Anyone who said at 30k they were waiting for the dip, I bet you, they're waiting for 20k now. And guess if they'll buy at 20k

Quite possibly you are right, there will be those who will hold out for lower prices and
will inevitably miss out and have to buy higher than NOW

It wasnt too long ago where some people were holding out for sub $10,000 prices,
and actually much lower - which didnt happen so they probably ended up either not
buying or buying at a higher price.

and in the not so distant future there will be some people saying they missed the opportunity
to buy at $26,000.

[Quidat]

So why not have some at 25k, some at 23k, some at 20k, some at 17k and so forth? That way I would be buying along the way when it is going down, and wherever it stops, I will not be too late to buy, and already bought some on the way. That will definitely benefit people, I did sort of like that at 30k and 29k, but that doesn't mean that we are going to be right all the time, like me who bought at 29k but it went lower.

Ah but you can just buy again!

So we have a dip now, I sincerely hope that with this the people who were holding out
for "the dip" have actually bought it after waiting and waiting and havent partaken
in DCA.

Like I've been saying this entire thread, I think those posters generally aren't really even doing what they're claiming. Anyone serious enough is already doing DCA. Anyone who said at 30k they were waiting for the dip, I bet you, they're waiting for 20k now. And guess if they'll buy at 20k

Quite possibly you are right, there will be those who will hold out for lower prices and
will inevitably miss out and have to buy higher than NOW

It wasnt too long ago where some people were holding out for sub $10,000 prices,
and actually much lower - which didnt happen so they probably ended up either not
buying or buying at a higher price.

and in the not so distant future there will be some people saying they missed the opportunity
to buy at $26,000.

Regrets do always come at the end but you cant blame out people on having that kind of positivity that the price might be able to hit up below or reaching out that 10k price level because
if we are really that trying out to look or see on how low did the price goes down from 69k - 15k then reaching out that 10k point wont really be that impossible and this is where those bearboys
are really that waiting for them to do so just because they are really that optimistic with that point but its true that this kind of perception will really be leading into that possible missed opportunity
for you to miss out those buying opportunity. Pretty sure that they might had able to miss out on buying on that 15k price because they are hoping that 10k would be touched up.
Well, its their choice to make though but if you do keep on sticking with your plans even it turns out to be that nearly that impossible then it would really be causing for you to miss
out tons of opportunity on which if you had just make out such action or step then you might already have made out some profits.

[slaman29]

It wasnt too long ago where some people were holding out for sub $10,000 prices,
and actually much lower - which didnt happen so they probably ended up either not
buying or buying at a higher price.

and in the not so distant future there will be some people saying they missed the opportunity
to buy at $26,000.

Exactly. Luna and FTX crash people were proudly saying of 9k lows and great entry points. Where are they now? Nice to get but nicer to have average buys between 15k and 30k the whole time since then.

After next halving, people will be waiting for price to crash below 30k, and it will also never happen

I'm not such a smart guy but Bitcoin price is so easy to understand if you think about it lol

[Rupok]

If you don't have bitcoins at all then it will benefit you that you should buy now because the price will go up more in the coming months. I think now is the opportunity to buy bitcoins and those who want to sell bitcoins now will not be very profitable.  The dip was there throughout 2022 but now the price of Bitcoin has changed something .  I think there is no need to wait to buy bitcoins but there is definitely a need to wait to sell bitcoins.  Because long term investment definitely gives good returns.

[MFahad]

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.

Choosing certain value and percentage that if you have get this amount then selling will be the best option but some people makes plan but don't follow it and wants to have more money which is totally wrong.

Once a man made mistake and loss money then its not a way to be worried and don't do it again but actually these are some steps which are necessary for success. As you face problems in life then you will not say goodbye to life but you will verify the reason behind the problems and will solve it with the passage of time.

Same is the case in trading if you don't win with few tries then you will not leave it but you will go to look the main cause to remove the cause or overcome it.

[Ever-young]

If you are thinking of the best time to buy bitcoin, or waiting for the time which you can call the right time to buy, you might end up not even buying Bitcoin at all, because that time might never come to pass, as you are waiting for it to drop to 20k before you will buy others are also waiting for it to jump to 30k before they will sell, the dump you are expecting might not happen when you expect it, it might come when you have no longer have the money available.

The best thing to do is not to have an actually buying price in mind instead you should focus on arranging an actual buying capital which you can use in buying it when the time comes, and when ever you succeed in gathering up the money then you can start buying your bitcoin and don’t wait for price to drop first before you buy it.

[Pierre 2]

I didn't understand in past but now I think its best to not wait a lot while accumulated Bitcoin. Best thing to do is to lower your average cost by buying in bulks. You may define a point to start buying. I personally see that point around 20-23k levels. I see 18k as real dip but its dangerous to wait for it. I would rather start buying at 24-23k levels to be ready when Bitcoin rally restarts. I think it will start soon probably in October or November or December at max.

[superman184]

You don't wait for dumping at all, you buy now. Because the value of Bitcoin is now completely at hand. Its price is now 26k. Bitcoin bull market can start anytime. And it will suddenly be out of reach. Because Bitcoin's value will increase very quickly in the next bull market. And it can happen at any time. So you don't wait for dumping, you buy now. This is the best time to buy Bitcoin.

There are two types of buyers who very often enter and appear on the market in any market condition and you also have to understand this because not everyone wants to think that the current price is low. If someone is buying for long-term investment purposes, perhaps he will not consider the current price as much because he will be saving for the long term.

But for traders who like to take short-term profits with certain amounts that may not be that much, they will always consider lower prices with the patience they have. Although sometimes traders who are tired of waiting for low prices will also buy at the current price even though they will not change their goals which only focus on short-term profits.

[bangjoe]

I didn't understand in past but now I think its best to not wait a lot while accumulated Bitcoin. Best thing to do is to lower your average cost by buying in bulks. You may define a point to start buying. I personally see that point around 20-23k levels. I see 18k as real dip but its dangerous to wait for it. I would rather start buying at 24-23k levels to be ready when Bitcoin rally restarts. I think it will start soon probably in October or November or December at max.

I agree that waiting for the $ 18k figure is quite dangerous, even though it is technically seen potential but the market may never touch the number again, by some positive sentiment of Bitcoin which makes it rise briefly, and if waiting for that number we will lose the opportunity Buy Bitcoin at the current price.
The logic that I use to buy Bitcoin, as long as the price is still below the 200 WMA line, continue the average cost on a large scale, but only for the time period of Q4 this year.

You don't wait for dumping at all, you buy now. Because the value of Bitcoin is now completely at hand. Its price is now 26k. Bitcoin bull market can start anytime. And it will suddenly be out of reach. Because Bitcoin's value will increase very quickly in the next bull market. And it can happen at any time. So you don't wait for dumping, you buy now. This is the best time to buy Bitcoin.

There are two types of buyers who very often enter and appear on the market in any market condition and you also have to understand this because not everyone wants to think that the current price is low. If someone is buying for long-term investment purposes, perhaps he will not consider the current price as much because he will be saving for the long term.

But for traders who like to take short-term profits with certain amounts that may not be that much, they will always consider lower prices with the patience they have. Although sometimes traders who are tired of waiting for low prices will also buy at the current price even though they will not change their goals which only focus on short-term profits.

You see it clearly and it's true, investors who have long-term goals in investing in Bitcoin, they do not care about the current price, because overall Bitcoin is still far from ATH which was last once made by Bitcoin, and on average from them more look that direction. While investors who have short jagka, they count a lot and see a variety of potentials, which aims to get a near -term profit, strategies in purchases may be very similar but through different approaches and goals.