Don't wait for the bottom without buying in the Dip.

[Mrbluntzy]

Maybe this is just my own clap of hand to seek a small attention from every Bitcoin Investor, precisely for new Bitcoin Investor because I know that most the experienced investors already knows better than I do, I guess so. Not to say more or less, I just know that this concerns us all.

I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.

I know one day I will look at my portfolio and I will be happy for Investing in Bitcoin.

Like I said that this is just a clap of hands to call our attention because I know it concerns us that we need to buy the dip, even if we are waiting for the bottom, but you can still buy the dip and keep it in your portfolio, because Bitcoin price just don't fall in the hands of any man or authority to control. you can be waiting for the bottom and the price of Bitcoin will just begine to go bullish again.

My reason for saying  buy the DIP while waiting for the bottom.

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.
B: Because you will still make profit if you buy the dip
C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.
D: If you are holding for a long term, you don't need to be scared of buying the dip.

thank you for reading my topic.

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[YUriy1991]

If the OP looks at the current Bitcoin (BTC) price movement, yes, it can be said to be a bit boring and on the other hand the effect makes many investors still wary of further declines. Well, I tried at Point D only. this is the safest and most comfortable in my opinion. My reason is because if someone buys current for long term hodling this is not a problem which means for him. Precisely those who want to take a new entry should think further and if there are investors who feel uncomfortable with the fluctuations in the crypto market, then they might consider taking a break first while staying informed of course.

[EarnOnVictor]

You will have to improve your speculating skills, this might help you to assume within the right confines. I knew Bitcoin would not reach $40,000 this year and I still hold the view, not to talk of $60,000. Even with $28,000, it was easy to know that it would hit it, it's clear after satisfying some breakout conditions.

I however buy your idea for buying the coin at the current low or at subsequent lows. The market is tricky and dynamic, no one perfectly knows what it will do. So, DCAing from the current cheap price is not a bad idea.

[tjtonmoy]

There is no right or wrong time when buying Bitcoin. When you enter the market, that's when your time starts, so it doesn't matter if you are buying the dip or the top. Give it the right time, and you will be making the profits for which you have invested. It's all about holding for a long time. The more you hold, the more profit you can gain from Bitcoin investment.

Maybe you will make less profit, but you will be making a profit from that investment if you have the will to hold for the long term. Buying at a low price will always give you the advantage of making good profits. This market is an opportunity for us to fill our bags with more Bitcoin which you can buy at a low price. Pinpointing the bottom is very hard, and you don't know when the price will be bullish again. This is why it is always advised to do DCA.

[Dr.Bitcoin_Strange]

My reason for saying  buy the DIP while waiting for the bottom.

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.
B: Because you will still make profit if you buy the dip
C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.
D: If you are holding for a long term, you don't need to be scared of buying the dip.

thank you for reading my topic.

I quite agree with these points, and I know that the current price of Bitcoin is really on the dip, although some predictions are still suggesting that the price can go down a bit. It's wise to apply the dollar cost average strategy and keep accumulating now so that even if the price falls more, you will have some fiat to invest. I believe you understand what I mean. For example, if you have $10k that you wish to invest in Bitcoin and you feel that the price can fall more, you can just decide to invest $3k first, or 50% of your asset at first. Then you can keep the balance and keep DCAing with it, so that at the point of another dip in price, you will still have some fiat to invest. Your speculation about Bitcoin is very high, and I don't think Bitcoin can reach $60k this year; even $50k is kind of unlikely to happen, but we can't really be very accurate in our speculation, so let's hope for the best.

[Zoomic]

You will have to improve your speculating skills, this might help you to assume within the right confines. I knew Bitcoin would not reach $40,000 this year and I still hold the view, not to talk of $60,000. Even with $28,000, it was easy to know that it would hit it, it's clear after satisfying some breakout conditions.

I however buy your idea for buying the coin at the current low or at subsequent lows. The market is tricky and dynamic, no one perfectly knows what it will do. So, DCAing from the current cheap price is not a bad idea.

Many people speculated that due to the initial bull run movement that was shown in this year by bitcoin that the price of Bitcoin will likely reach 50,000 dollars and more this year. But as you said I am very much optimistic that bitcoin prices might not go beyond 40000 dollars this year.

Considering what Op is saying about buying the dip and not waiting for the bottom. I so much know that nobody knows the bottom. But at least we know the dip. It is better you buy the dip using the dollar cost averaging method and be consistent about it and you will not regret on the long run. Waiiting for the bottom is something newbies cannot do and even experts find it difficult to predict the exact bottom.

[Doan9269]

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.

Who ever thought we could get to $25,200 dip this soon, when we arrived at $26,000 we thought that may actually be the least for now before it may take some time to revive up, now that the market is currently unpredictable, there's more likely possibilities that the pump comes in more than anticipation as the price now rally round 26,200 going in now and choosing this period as an entry point id never a bad decision as well.

B: Because you will still make profit if you buy the dip

Ofcourse we are still in the dip, the market is currently on dump till we eventually achieve the all time high, any chances of investment should be well utilized.

C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.

Buying high or low is not what matters as knowing the appropriate target time to hold and release, time is what makes the maturity for what you've invested after which you must have hodl.

[Yaunfitda]

Of course, who wouldn't like to buy when the price is at a discount, and we have heard this advise before. But it seems that only smart investors knows this or at least bitcoiners who have been in the market seen how it bounce back in after a couple of weeks or months are going to take advantage of it.

So there is nothing wrong with this advise, at $25,xxx it could really be cheap and just imagine if the price jumps like $100,xxx in the next bull run. Obviously, it's a big profit and so we need to take advantage of this kind of golden opportunity at it might not happen at least for this year.

[peter0425]

Am not sure what are the plans of those who wanted to wait for complete bottoming
when the truth is? it is so hard to timing , because mostly before the bottoming , we are not here to rush instead crypto investing is waiting time .
we have seen many that wrongly treat bitcoin and they are now  a big losers.

[Smartvirus]

I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.

This is how you tell it all. It is the reason that backs the infamous DCA strategy towards bitcoin investment. You get to invest the much you have when you have not minding the price at the time and be rest assured that bitcoin would pump some day.

The price of bitcoin is highly volatile and unpredictable. It’s the one thing that helps the keeps the coin going and the project from those who would just come hunting for profit from taking what they will and leave without any proper plan on hodling through the various market conditions.

Your best bet or proper plan would be, to buy and hodl for an indefinite time and you need a lot of patience to do that. This would bring you in luck with all the good things that would happen within the space.

[Bushdark]

Looking at the market, it can still deep more so we can wait a little before buying more tokens even with that, all these Ard just mere speculations and the market can decide to do whatever it likes.anu cryptocurrency influencers had speculted the market of starting bullish momentum to have started before now and it is still obvious that we are in the bear market waiting for when the bull will commence. If the bill start in moment for now, people that have portfolio of Bitcoin and altcoins will benefit from the spike.

[Nrcewker]

Am not sure what are the plans of those who wanted to wait for complete bottoming
when the truth is? it is so hard to timing , because mostly before the bottoming , we are not here to rush instead crypto investing is waiting time .
we have seen many that wrongly treat bitcoin and they are now  a big losers.

Many greed for more and hence they miss the best opportunity to buy the coins for cheap. If you are able to buy the coins under 25k usd, then consider yourself lucky and buy the coin irrespective of its price. You should start accumulating the coins when you see a dip. If you expect that bitcoins will go more down and then only you will buy then definitely you will miss the best price where Bitcoins can be brought. I won’t advice anyone to buy, the smart ones already know what need to be done.

[KiaKia]

Bitcoin's exact price bottom is what doesn't fall in the hands of any man, this is why buying the dip is the only way to avoid missing out and becoming a paperweight all because you sit on your hands and fail to buy anything.

I don't understand how some are so confident that Bitcoin will see 10,000 before they start buying Bitcoin, they believe that buying the DIP is a waste of money, one said to me that instead of buying the DIP you will make more money if you use all those money to buy at 10k, what makes them believe that 10k will happen? It's GREED.

Greediness isn't always about aiming for 1 million per Bitcoin when you are already in big profit, greediness is also the reason why they want Bitcoin to reach 10k before they start buying, they want the best entry ever and they want the biggest ROI ever, I doubt such people ever grow.

Just keep using DCA, and avoid what may or may not come to pass, this is your best bet.

[BlackBoss_]

You never knows where is a bottom before you already missed it. Because when you know it is a bottom, the market already moves upwards away from its bottom. Mostly you will not have chance to see that bottom again but even the bottom is retested two or few times, you will still miss it by your hesitation and uncertainty.

Buying dips or buying up bottoms is good for accumulation but waiting for bottom is what we did at least few times. After missing chances a few times by waiting for bottom, we will learn that it is impossible and if we want to accumulate a favorite coin, we must do it with Dollar Cost Averaging and better for accumulation with dips. Bottom or not, it's not big deal.

Buying in a bottom range is the best we can do and buying at an exact bottom price is impossible.

[WatChe]

You will have to improve your speculating skills, this might help you to assume within the right confines. I knew Bitcoin would not reach $40,000 this year and I still hold the view, not to talk of $60,000. Even with $28,000, it was easy to know that it would hit it, it's clear after satisfying some breakout conditions.

I however buy your idea for buying the coin at the current low or at subsequent lows. The market is tricky and dynamic, no one perfectly knows what it will do. So, DCAing from the current cheap price is not a bad idea.

If you see price of Bitcoin its very much stable near 26k$ for last 4 to 5 days. Price of Bitcoin is highly unpredictable and we cant predict with certainty that what price of Bitcoin will be on year end or even on month end.

Current price of Bitcoin is good for accumulation, as 26k$ is giving strong support and there is very much chance that Bitcoin may regain its previous value of 30k$ from this point. If you have spare cash then its good point to buy some Bitcoin from it.

[Alpha Marine]

You will have to improve your speculating skills, this might help you to assume within the right confines. I knew Bitcoin would not reach $40,000 this year and I still hold the view, not to talk of $60,000. Even with $28,000, it was easy to know that it would hit it, it's clear after satisfying some breakout conditions.

In his defense, he was/is not the only one who predicted Bitcoin to get to $40k this year. I know $60k is too much and reaching but $40k was realistic. My prediction for Bitcoin was between $35k to $40k
I don't believe Bitcoin can get to $40,000 this year anymore, but a part of me still believes it can get to $35,000. It's not too late. If it can go down from $30k to $25k right now, then I believe it can also go up from 25k to 35k.
We've seen Bitcoin go up 7% within hours recently. I still have faith that it can get that high, but I can't bet my money on it though  .

[bussybuddy]

I understand what the OP is saying about what envisions is a preference in a better position than you know, honestly I personally believe investing has different strategies on each individual, we If we are in a common environment, it's about taking a chance with it or accepting the change it creates.
Even if I buy at the ATH price, I understand there will be a new ATH one day, and at the moment there are many different speculations in this market, in the context of them falling and DCA being so bad. a certain threshold (~ $15000 ) followed by a waiting period for the new ATH.

[Best-mary]

One thing I have realised in Bitcoin is that when ever we see an opportunity to buy, just do it. Why should we ignore the king? That's the question I always ask myself. If Bitcoin should go lower than the price I bid few weeks ago, I'll still buy the new price low.

 In fact, the strategy I use now, Dual Investment. I have been saying it because is very useful to me. Especially now that I don't really look at the market to where my next buy will be. I'd leave it to do its work and then till whenever the price goes up.

With this, I know I have accumulated as much as I can and benefit from the surge afterwards

[1miau]

One thing I have realised in Bitcoin is that when ever we see an opportunity to buy, just do it.

Rumors are that many people from 2019 are still waiting for Bitcoin to drop below 1000 USD. 
Jokes aside, looking how Bitcoin has performed over the past years, people waiting to buy the Dip might be quite a lot and it's really sad to imagine how many profits have been missed by waiting too long.
Of course, we can also get lucky to wait for Bitcoin to drop even more but statistically, waiting to buy Bitcoin and hoping for lower prices has been a costly decision, overally.

[Nwada001]

I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption

Yea, a lot of people were also expecting such, but the Bitcoin price seems to always have a different way of doing things on its own, as it appears that it's nearly impossible to get an accurate price prediction. But one thing that's for sure is that we will definitely see a new ATH in the coming years, so there are fewer things to worry about provided that we are not in a hurry to sell out our holdings.

we need to buy the dip, even if we are waiting for the bottom,

I agree with your buying strategy, as today's DIP might turn out to be tomorrow's weekly ATH. Buying as you go is always the best, just as you have explained. One might be waiting for the price to dump more to the bottom, but in the process of waiting, the reverse will be the case. That's why DCA is usually the best way to accumulate, as it usually creates room for this. There's no need to wait until the price has dropped to the button, but you can just start accumulating depending on the amount you have to spend.

If one is lucky enough to meet a dip while planning to buy some bitcoin, that could be considered an added advantage, as you will have the opportunity to buy more at a cheaper price.

[kryptqnick]

I believe op's right that waiting for Bitcoin to reach the bottom without buying it in the meantime can easily lead to missing a chance to buy at a low price. The truth is, when Bitcoin's going down, people tend to wait for it to go even further down, but then when it's suddenly rising fast, people start buying at a significantly higher price than if they started when it was bearish. But there are different strategies and different goals, so things just don't work the same way for everyone. If a person's more comfortable with DCA, for example, that's perfectly fine as well.

[naira]

Everything just needs to be simplified, so this is the conclusion Bitcoin with the pattern is always the same and it is proven how the lowest price moves to the highest price and the pattern will continue to be repeated. But what we're not doing is fixing the time this year, next year, or whatever. In essence, are you willing to bet or not? based on the belief that the current Bitcoin price will not see much in the future. Longtime investors don't say much, they already know they have to accumulate while it's happening and then enjoy the bull market. However, witnessing how the activities of new investors who continue to weigh short-term profits always ends with an unclear decision.

[DeathAngel]

Nobody can time the bottom, you’re extremely unlikely to be able to buy the absolute bottom (if it’s not in already @ 15.8k or whatever it was). We are currently at support but anything near ir below 20k is a great buy. Don’t obsess with the bottom, the time to buy is when everybody else is panicking. I don’t see much panic right now so maybe there is another leg down. Bitcoin will be over 100k before 2026 though so there isn’t much difference between buying now or at 21k for example.

[traderethereum]

Most people will still wait for the bottom price and not start buying even though the current price is lower than yesterday's price.
But sadly, people will not know when bitcoin will bottom out and by the time they do, they will be behind because the price has started to increase and can't hit the bottom anymore.
They want to buy at the lowest price but don't place a buy order and wait for the price to hit the bottom before they buy.
I suggest buying at a lot of low prices but not too close together so that any dips that occur in the market can fill your buy orders so you won't be left behind to buy at the lowest prices.

[Z-tight]

What i understand about the market now is that only people who believe in BTC take the opportunity to actually buy when the price is low and cheaper to afford, the weaker hands do not buy this time, they buy when the price starts to rise fast, this is when the fear of missing out makes a lot of people rush into the network and they make the price that was already rising to move up faster.

If you talk to the average person about buying BTC now, you will find out that too many of them will be uninterested, but if we suddenly go on a fast rise in price, that is when they become interested and will also want to buy to avoid missing out.

[Gladitorcomeback]

The best strategy, I think is to split your investment funds into parts and then go for DCA. 99% investors believe that btc will rise even if if we see some more dips. As btc price is not predictable and we don't know the bottom then buying at current price is good opportunity but we should keep fund also. Now If btc price start rising, then will not regret. similarly if price further downs then there is opportunity to buy more which will lower our buying average price..

People who are still waiting for dip are those who will say this word if btc down to 10k. I know many users around me who was saying when btc trading around 16k that btc will down to 8k and then we will take entry. If they had taken entry at that time, their btc would have almost 2x now. I am in the favor of buying low and sell high again and again with 10%-50% profit but still i like to hold 10% for long term according to D option.

[Ojima-ojo]

Regardless of where the price of Bitcoin ends, I will buy more at every discount price level, I don't mind holding for longer than a year or two since I only buy the percentage of funds that I can do without for a long time and this is the best possible approach for me personally as this have helped me to accumulate more Bitcoin along the way down.


I always buy a huge percentage of Bitcoin when the price is at a dip level, compared to when the price of Bitcoin is relatively high, There is a level at the price of Bitcoin will be, and I will restrain from buying for some time, till when the price drop a little, since I already understand the market cycles around Bitcoin.

[nelson4lov]

Everyone is entitled to their own biases that's why no one really knows where the bottom would be. The current price right now ($26k) might still dip again and go even lower that would present more opportunities to buy lower than the current market price. That's why DCA comes as a recommended approach since the average buy-in price gets averaged down to minimize losses if price goes lower than anticipated.

We are still in a bear market so the price might go lower than $20k price. There is also a possibility of the price reaching $30-40K price levels.

[Jawhead999]

People who're waiting at the bottom are perfectionist, this isn't good because no one in this world always making best decision in entire his life. There's always a mistake, wrong decision etc and we should accept it because it will make us to learn to become a better person. Maybe I missed to buy a shitcoin that worth $0.001 and in the next day it pump into $1, but at least I still make some profit in Bitcoin even it's not that big like that shitcoin.

[Hamza2424]

My reason for saying  buy the DIP while waiting for the bottom.

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.
B: Because you will still make profit if you buy the dip
C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.
D: If you are holding for a long term, you don't need to be scared of buying the dip.

thank you for reading my topic.

Dips are good opportunities but in the case of the market's initial times as at the start of the cycle if you are buying the dip in the full swing of the Cycle as close to the ATH and the market suddenly dumped and you are aggressively buying that can be your biggest mistake as for the living example after the last cycle ATH Michel Saylor aggressively accumulated the dip and until now they are suffering the loss I know their vision is too long term holdings, still not everyone can wait for the market for recover in  2 years.

Dip accumulation is good as you follow the tip "Be fearful when everyone is greedy and be greedy when everyone is fearful" while buying the dip. Still, some things are needed to be taken care off.

[bayu7adi]

It's quite possible that we're in a downturn right now, as Bitcoin has undergone a significant drop of over 10%. Stashing away a few BTC at this juncture seems like a smart move, given that some folks acquired it at a much higher price not long ago.

However, it might not be wise to immediately exhaust all your available FIAT funds at the current price point. The upcoming news landscape remains uncertain, especially considering this parallels the four-year cycle scenario. Just before the halving, Bitcoin tends to experience a bearish phase. This implies that allocating 10%-15% of your budget for Bitcoin isn't a bad decision.

If the bearish trend continues, we could set our sights on a price that's 5% below the current rate. Following the same pattern for the second and third 5% increments until our budget is fully utilized would also be a viable strategy.

[SamReomo]

Maybe this is just my own clap of hand to seek a small attention from every Bitcoin Investor, precisely for new Bitcoin Investor because I know that most the experienced investors already knows better than I do, I guess so. Not to say more or less, I just know that this concerns us all.

I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.

I know one day I will look at my portfolio and I will be happy for Investing in Bitcoin.

Like I said that this is just a clap of hands to call our attention because I know it concerns us that we need to buy the dip, even if we are waiting for the bottom, but you can still buy the dip and keep it in your portfolio, because Bitcoin price just don't fall in the hands of any man or authority to control. you can be waiting for the bottom and the price of Bitcoin will just begine to go bullish again.

My reason for saying  buy the DIP while waiting for the bottom.

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.
B: Because you will still make profit if you buy the dip
C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.
D: If you are holding for a long term, you don't need to be scared of buying the dip.

thank you for reading my topic.

I agree with you that buying at dip is the way to go and we should not wait more for such dips because it's already a very low price tag on Bitcoin and sooner or later the value of Bitcoin will increase once again and those who missed this dip will always be wondering that why they haven't accumulated some Bitcoin during this dip. This dip is always going to be profitable for the ones who have invested in Bitcoin during this dip and I agree that they will make far more profits than the ones who buy after the dip.

I think the current dip is almost close to Bitcoin's bottom and it won't go down anymore after this dip. If you really want to accumulate Bitcoin than this is going to be the last chance for you to get it at such a cheap price mark. I'm quite sure that after sometime the value of Bitcoin will be trading over $30k once again and then it'll be trader over $40 during the final month of this year. The ones who know the crypto market will most probably take advantage of such rare dips because they know that if they miss the dip this time then they will miss a great oppurtunity of your life.

[pawanjain]

D: If you are holding for a long term, you don't need to be scared of buying the dip.

That is what matters. If we are in for the long game then we won't be afraid of these dips.
In fact, consider these dips as a discount sale where you get the opportunity to buy at cheaper price.
That is the only how we can have a peaceful mind while the others are panicking.
That is how we will learn to hold like diamond hands.

[Salahmu]

In times of buying Bitcoin no time is wrong considering it potential but I also agree with you OP on buying the dip because waiting more for the price to drop could be a big mistake because nobody can predict the market movement it could be that while your waiting for Bitcoin to drop more than the way it is now and it bounce back going up and you start regreting if you had knowed you could have venture into it and boost your portfolio.

Most speculation has it that Bitcoin will drop more but is still all based on assumption because nobody knows what will happen next on Bitcoin so the best way in other not to be completely left out is structuring your portfolio in a way that will not affect your financial state if you get to Bitcoin market and it moves against you.

[Issa56]

I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.

I don’t predict how high or low the bitcoin price will go because nobody knows the amount at which bitcoin will be at a particular time. You might be expecting a pump from bitcoin, but bitcoin will end up dumping. I don’t know why you are disturbed by the price at which you bought bitcoin, you can never buy the bottom. If you keep on waiting for bitcoin to dump to the lowest price, then you might end up missing out because nobody knows the lowest price bitcoin will hit, so just do your analysis, and whenever you see a good entry, then you can just decide to enter. If you are waiting for the bottom, bitcoin might have hit the bottom without you knowing it. You will keep on waiting for more dip, but you might end up not seeing bitcoin at that price again.

[SOKO-DEKE]

My reason for saying  buy the DIP while waiting for the bottom.

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.
B: Because you will still make profit if you buy the dip
C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.
D: If you are holding for a long term, you don't need to be scared of buying the dip.

I believe everyone who is a Bitcoin investor will like to get their Bitcoin when the price of Bitcoin is down so they can make a reasonable profit, but seriously, it is not easy to predict the movement of Bitcoin's price. I will say the best way most Bitcoin investors always get their Bitcoin with the aim of making a good profit is by using the DCA method, which means gradually buying Bitcoin, not buying it all at once. I believe the method will minimize our risk. Even if someone holds it for a long time, getting it at dip will make him or her make a great profit, so I just believe everyone wants to buy it at dip, but it is not possible to get it at all at same price level. Some people have to buy it at a certain high price so the price of Bitcoin can keep moving.

[suzanne5223]

I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.

I consider the 5 month market to the year of the halving to be a market that everyone don't need to predict because the BTC market always replicates almost the same momentum in those months and if you check the previous years next to BTC halving year you'll see that the market always make new bottom price before it start a new bullish trend which will then last till when the halving effect is over.

I know one day I will look at my portfolio and I will be happy for Investing in Bitcoin.

That based on how you choose to hold your BTC investment for the long term and how you secure your wallet.

[KiaKia]

Nobody can time the bottom, you’re extremely unlikely to be able to buy the absolute bottom (if it’s not in already @ 15.8k or whatever it was). We are currently at support but anything near ir below 20k is a great buy. Don’t obsess with the bottom, the time to buy is when everybody else is panicking. I don’t see much panic right now so maybe there is another leg down. Bitcoin will be over 100k before 2026 though so there isn’t much difference between buying now or at 21k for example.

Well said, maybe we've already missed the ultimate bottom of 15.8k, and I doubt if Bitcoin will ever go lower again, maybe $20k or even $17k, That's if it's going to happen, I have some spot trading option opened at this range already, using 2k this that's if it's ever going to happen, I've bought heavily at $17k last year and also at 15k too, I feel so good taking the bold step already, I am not trying to say I am lucky, I just did what I believe it right thing to do.

Right now, buying at 25k isn't much of a difference to buying at the 29k range, but if a heavy dip comes again I will definitely not miss the chance again, The best thing to ever happen to me in this bear market is buying Bitcoin at the lowest.

[Awaklara]

the obstacle for beginners to invest in Bitcoin is their psychology which grows doubts and panic every time they see the price continue to fall.
Buying when the price drops and collecting until the price increases so that it will give you a profit is a simple step that many people talk about when planning an investment. but to beginners, it seems that words alone are not enough to convince them. so I think when beginners in Bitcoin investment have enough experience, then they will be more calm and consistent with their investment planning.

[m2017]

Am not sure what are the plans of those who wanted to wait for complete bottoming
when the truth is? it is so hard to timing , because mostly before the bottoming , we are not here to rush instead crypto investing is waiting time .
we have seen many that wrongly treat bitcoin and they are now  a big losers.

Many greed for more and hence they miss the best opportunity to buy the coins for cheap. If you are able to buy the coins under 25k usd, then consider yourself lucky and buy the coin irrespective of its price. You should start accumulating the coins when you see a dip. If you expect that bitcoins will go more down and then only you will buy then definitely you will miss the best price where Bitcoins can be brought. I won’t advice anyone to buy, the smart ones already know what need to be done.

It's not about being smart, it's about experience and knowledge. Those who are quite experienced already know how to operate and have a rough idea of the cryptomarket. OP had erroneous expectations about $40-60.000 by the end of the year just because he is a beginner. The more experienced have already seen BTC price fluctuations many times, as well as a pattern with bitcoin cycles and halving, therefore, it is still early for growth. It is naive to try to catch the most profitable failing point for buying btc, i.e. buy as soon as possible. You should be content with the results that you can realize. The figure of $25.000, voiced by you now, I believe, is already problematic to catch. Don't forget that the current exchange rate is $29.000 (although this can change quickly).

[bittraffic]

I'm starting to think that buying the dIP or DCAing is actually for the new investors who have no idea what he is doing. And waiting for the bottom is the one for the investors who are more technical and know when exactly to buy.

If it really will go back down to the bottom like to the $16000 which is the lowest in this bear market, then it must be worth waiting than DCAing. Sadly there is just no way of knowing how low the price could go this time.

[Z-tight]

I'm starting to think that buying the dIP or DCAing is actually for the new investors who have no idea what he is doing. And waiting for the bottom is the one for the investors who are more technical and know when exactly to buy.

This isn't true, DCAing is a recommended strategy and even the more experienced bitcoiners use it, you don't know when the price will get to the bottom, so waiting for it may be a wrong strategy. Every investor will like to buy when the price is so cheap, but they use dca because they don't know when that will happen, but with dca they can get in at good prices and have a good average in terms of their total purchasing price.

If it really will go back down to the bottom like to the $16000 which is the lowest in this bear market, then it must be worth waiting than DCAing. Sadly there is just no way of knowing how low the price could go this time.

Sadly as you said, you can't know how low the price can go, so why wait for it when you can be accumulating, you may be waiting for the price to drop and then immediately it starts to rise again, that's why dca is a better strategy than waiting to buy in the bottom.

[Raflesia]

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.
B: Because you will still make profit if you buy the dip
C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.
D: If you are holding for a long term, you don't need to be scared of buying the dip.

All have their own strategies in collecting bitcoin as an investment.
It is not wrong to wait for the dip because it is also one of the strategies that is very feasible to do but we must be aware that we can only speculate about the lowest point and cannot say that the number xxx as the lowest point for bitcoin in the decline that occurred.
In most cases, we are often confused about where the lowest point will be and always have doubts about buying bitcoin if the goal is to buy on the dip.
I personally do not deny that I am also waiting for that but in other conditions there is another strategy that I always do, namely with DCA.
This makes me a little more comfortable because considering that we can only predict the bottom price, it is better to buy while we can.
We can't just focus on buying at the lowest point because the possibility of waiting at the price that we determine as the lowest point becomes fifty-fifty whether it will happen or not. it would be great if it happens but what if it doesn't happen which actually makes us lag behind in buying because we focus on the lowest price benchmark that we predict.

[red4slash]

To be honest, I don't understand your title because when we refer to buy on the dip, it is possible that it is at the bottom but in your first sentence, don't wait until the bottom because you can still buy on the dip.

But in this case what I can say is that it's actually not a problem to buy on the dip if we are sure that the price we predict will be touched but this kind of condition will be a headache if you don't know how to determine the bottom price that you will use to buy, it can be one of the problems where we wait at the price we want but we don't understand the research that is done because it can be troublesome in the end.
I think it would be better for beginners to buy when they have the money to buy and the price of the decline that occurs regardless of how much it is currently still very worth buying without thinking about whether it will go back down or not because it will make you hesitate in the end and make you fail to buy because you keep waiting and waiting without knowing the moment where to enter.

[Asuspawer09]

Maybe this is just my own clap of hand to seek a small attention from every Bitcoin Investor, precisely for new Bitcoin Investor because I know that most the experienced investors already knows better than I do, I guess so. Not to say more or less, I just know that this concerns us all.

I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.

I know one day I will look at my portfolio and I will be happy for Investing in Bitcoin.

Like I said that this is just a clap of hands to call our attention because I know it concerns us that we need to buy the dip, even if we are waiting for the bottom, but you can still buy the dip and keep it in your portfolio, because Bitcoin price just don't fall in the hands of any man or authority to control. you can be waiting for the bottom and the price of Bitcoin will just begine to go bullish again.

My reason for saying  buy the DIP while waiting for the bottom.

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.
B: Because you will still make profit if you buy the dip
C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.
D: If you are holding for a long term, you don't need to be scared of buying the dip.

thank you for reading my topic.

That is why I always recommend Dollar cost averaging because it is always going to end up as a profit in the end if you are just aiming for the Bull market, I mean it doesn't really matter as long as you're going and aiming for the Bullrun your always going to make ka profit but if you just waiting and not accumulating Bitcoin your just gonna end up with no profit because it wasn't really guaranteed that market price is going to skyrocket or gonna make a dip, we cannot predict the market accurately so what we can do is to just to always buy bitcoin whenever we can, or just to buy Bitcoin every week or every month something like that.

For sure when there was a dip the market price was lower so its a good time to buy, but you don't know ifs that going to happened or your waiting for a lower market price you might just end up waiting for nothing and lose that opportunity to go in, so what you can do is just increase your buying power when the market price  drop, with that you could buy more volume of Bitcoin because the market price is lower and your buying more Bitcoin since you increase your budget on it.

[Silberman]

I'm starting to think that buying the dIP or DCAing is actually for the new investors who have no idea what he is doing. And waiting for the bottom is the one for the investors who are more technical and know when exactly to buy.

If it really will go back down to the bottom like to the $16000 which is the lowest in this bear market, then it must be worth waiting than DCAing. Sadly there is just no way of knowing how low the price could go this time.

Catching the bottom is something that is almost impossible for the experts to catch too, they can speculate where the bottom may be but just as anyone else they have no way to be sure, this is why DCA is such a good strategy as it completely eliminates the guessing game and you just buy the assets in which you are interested at regular intervals without a care about the price, now buying the dip is a more advanced tactic but it can still be applied successfully as long as you do not deviate from it and wait for a bottom that it may never happen.

[Marykeller]

One thing is always certain. If you invest in bitcoin for the long term, regardless of whether you buy it at a low price or a high price this year, you will make profits. Even if the price of bitcoin climbs to $40k or not by the end of the year investors will still want to buy it against the bull run because they have the belief that the $40k price they are buying at that point, will certainly give them profits. 

The cryptocurrency market is currently more confusing. No one can tell the direction is heading, whether uptrend or decline movement. Many people today want to enter the market via whatever methods possible while forgetting that there will always be opportunities to invest in bitcoin. 

The opportunity is always open for everyone without a stop. The decision to invest, whether for the long run or the short term, is theirs to make.

[RewFrew]

Yes i am fully agree with you. Don't wait for the bottom without buying in the Dip. Because Crypto currency market is always unpredictable. Anytime can happen anything. And anytime can move Bitcoin price. So we shouldn’t wait for bottom. For this DCA is better i think. We can buy bitcoin in every down then price will be reasonable and loss will be reduce. If we able to DCA then we well be profitable there has no doubt. Because Bitcoin price will must up. Now Bitcoin Price is  near about $26k and In 2021 Bitcoin price was $69k that whit was ATH till now. So i thik anyone shouldn’t wait for bottom.

[Cookdata]

My reason for saying  buy the DIP while waiting for the bottom.

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.
B: Because you will still make profit if you buy the dip
C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.
D: If you are holding for a long term, you don't need to be scared of buying the dip.

thank you for reading my topic.

Bottom is an arbitrary expectations, and it's subjective. What you call bottom may he different from what another person thinks. Why will any serious person thinks of bitcoin price to bottom, that was how people were expecting the price before thales last halving to go back to $5k after it bounced back to $12k, guess what today, that has become a history because we are never going back their, not feeling too confident about that but the I feel, we have past that phase of bitcoin price and one day, $26k will be price of the past we may never see again, so buy while now that you have it at discount price.

Buying  the dip has its own challenge though, it's when there is no fiat available bitcoin price do dump and that makes me go crazy sometimes, it would have been great if we usually have price crash on monthly end but I have noticed that we do have monthly candle close and bitcoin price do retrace a little bit and then dump the following day of the new month or will stay there, and by time you wait without seeing any signal, the fiats would have been used for sorting out bills.

[The Cryptovator]

The forum has addressed this topic repeatedly, but accurately pinpointing the bottom of Bitcoin has eluded us. Based on my experience, predicting the precise bottom of the Bitcoin chart is beyond anyone's capability. Therefore, I advocate capitalizing on its volatility. Seize the opportunity when you come across a dip and embrace the associated risk, as profiting from crypto is unattainable without taking calculated risks. Bitcoin occasionally undergoes significant dips, which can serve as opportunities, rather than waiting indefinitely for further declines or the absolute bottom.

[hd49728]

The forum has addressed this topic repeatedly, but accurately pinpointing the bottom of Bitcoin has eluded us. Based on my experience, predicting the precise bottom of the Bitcoin chart is beyond anyone's capability.

Unfortunately newbies want something perfect and they will be satisfied by many courses, signal groups that promise to give them knowledge and skills to find bottom of the market. They will need time in the market to digest knowledge they learn from those courses and signal groups then pay some cost and understand the fact from the market. Missing the bottom is not bad as they only miss great chance for good profit but if they bet with a bottom, they can lose capital.

Therefore, I advocate capitalizing on its volatility. Seize the opportunity when you come across a dip and embrace the associated risk, as profiting from crypto is unattainable without taking calculated risks. Bitcoin occasionally undergoes significant dips, which can serve as opportunities, rather than waiting indefinitely for further declines or the absolute bottom.

Taking dips is risky but it has good reward/ risk ratio and usually it can help you to gain profit after a few days. If you take good dips and get good bounces from the market, you will have good profit very quickly. But risk is risk and no exclusion of risks from any market dip.

[mv1986]

One thing I have realised in Bitcoin is that when ever we see an opportunity to buy, just do it.

Rumors are that many people from 2019 are still waiting for Bitcoin to drop below 1000 USD. 
Jokes aside, looking how Bitcoin has performed over the past years, people waiting to buy the Dip might be quite a lot and it's really sad to imagine how many profits have been missed by waiting too long.
Of course, we can also get lucky to wait for Bitcoin to drop even more but statistically, waiting to buy Bitcoin and hoping for lower prices has been a costly decision, overally.

I think investing in Bitcoin is more of a general conviction of and attitude towards the benefits of a decentralized financial system than it is about timing a market for maximum profits.

Really, nobody can tell what the bottom was before the next bull run happened. When I have excess liquidity and I decide to invest it in crypto, I don't check any graphs or wait for the next decision made by the FED and what not.

Do I believe in the technology? Yes.

Do I want to increase my holdings? Yes

Do I have money to increase my holdings without undermining any other important causes that I should save the money for? Yes - buy. No - wait.

All this "catching the bottom"-talk isn't logically consistent because, as I said, you only know a price was the bottom once it significantly went up again.

[Mr.suevie]

You will have to improve your speculating skills, this might help you to assume within the right confines. I knew Bitcoin would not reach $40,000 this year and I still hold the view, not to talk of $60,000. Even with $28,000, it was easy to know that it would hit it, it's clear after satisfying some breakout conditions.

I however buy your idea for buying the coin at the current low or at subsequent lows. The market is tricky and dynamic, no one perfectly knows what it will do. So, DCAing from the current cheap price is not a bad idea.

For me I think constant monitoring of the market price is no valuable used because if you actually set your target at a specific amount in which you want to sell then you wouldn't be so monitoring on the price as to when it's going to go up or down but rather just be on track with the constant buying through DCA and only monitoring it when the price actually goes up and ready to hit your supposed target but that's obviously when you intend to buy and hold for long

[Cryptomultiplier]

One thing I have realised in Bitcoin is that when ever we see an opportunity to buy, just do it.

Rumors are that many people from 2019 are still waiting for Bitcoin to drop below 1000 USD.  
Jokes aside, looking how Bitcoin has performed over the past years, people waiting to buy the Dip might be quite a lot and it's really sad to imagine how many profits have been missed by waiting too long.
Of course, we can also get lucky to wait for Bitcoin to drop even more but statistically, waiting to buy Bitcoin and hoping for lower prices has been a costly decision, overally.

I think investing in Bitcoin is more of a general conviction of and attitude towards the benefits of a decentralized financial system than it is about timing a market for maximum profits.

Really, nobody can tell what the bottom was before the next bull run happened. When I have excess liquidity and I decide to invest it in crypto, I don't check any graphs or wait for the next decision made by the FED and what not.

Do I believe in the technology? Yes.

Do I want to increase my holdings? Yes

Do I have money to increase my holdings without undermining any other important causes that I should save the money for? Yes - buy. No - wait.

All this "catching the bottom"-talk isn't logically consistent because, as I said, you only know a price was the bottom once it significantly went up again.

If anyone always bother about trying to figure out the bottom before investing or buying crypto, such a one is not a serious full time trader or investor, but rather a quack or wannabe.

When there is a dip, as long as one is atuned to channels and social networks that publish such hints or signals, an investor or trader would know that it doesn't really matter the current status of market. Mostly if the strategy is more like DCA  or HoDling as some know it to be, the best thing is to regularly still buy, to keep up with the particular strategy. At worse, reduce the percentage.

[BITCOIN4X]

I'm not waiting for a deeper dip because I don't have the budget to accumulate. So far I've only hold on at price dumps in the last week, but this is fine for me. The same may be true of other users even if they suggest you buy on a dip, but I admit that is the best advice for building your investment portfolio over the long term.

If I were on a budget then I would also consider investing some of it in dips. But I'm not going to force myself to get a budget in any way, let alone make loans to other people or banks. The only thing I might be good at doing to get a budget is, sell some of my unused valuables and invest them in bitcoin.

[dunfida]

One thing I have realised in Bitcoin is that when ever we see an opportunity to buy, just do it.

Rumors are that many people from 2019 are still waiting for Bitcoin to drop below 1000 USD.  
Jokes aside, looking how Bitcoin has performed over the past years, people waiting to buy the Dip might be quite a lot and it's really sad to imagine how many profits have been missed by waiting too long.
Of course, we can also get lucky to wait for Bitcoin to drop even more but statistically, waiting to buy Bitcoin and hoping for lower prices has been a costly decision, overally.

I think investing in Bitcoin is more of a general conviction of and attitude towards the benefits of a decentralized financial system than it is about timing a market for maximum profits.

Really, nobody can tell what the bottom was before the next bull run happened. When I have excess liquidity and I decide to invest it in crypto, I don't check any graphs or wait for the next decision made by the FED and what not.

Do I believe in the technology? Yes.

Do I want to increase my holdings? Yes

Do I have money to increase my holdings without undermining any other important causes that I should save the money for? Yes - buy. No - wait.

All this "catching the bottom"-talk isn't logically consistent because, as I said, you only know a price was the bottom once it significantly went up again.

If anyone always bother about trying to figure out the bottom before investing or buying crypto, such a one is not a serious full time trader or investor, but rather a quack or wannabe.

When there is a dip, as long as one is atuned to channels and social networks that publish such hints or signals, an investor or trader would know that it doesn't really matter the current status of market. Mostly if the strategy is more like DCA  or HoDling as some know it to be, the best thing is to regularly still buy, to keep up with the particular strategy. At worse, reduce the percentage.

You cant really say that its a quack or wannabe but rather those people are simply to those who do love short trades and to those who do scalp out because trying out to look for the reversal would be the best sweet spot

on you to be placed on that possible bottom. Yes, it cant really be determined but since this market could really be having those support lines then for sure you would be at least having the idea on where you do make out
such entry. This is why i wont really be saying that they are just wanna be. It is really just do sucks that there were people who do still keep wishing on seeing the price of 20k or even below on which we know
that it isnt really that something realistic or something that cant really be possible due to strong supports that we do have on 25k level. No one did anticipate that 25k drop but it wasnt really that too deep.

Make actions basing up on your own analysis and understanding. Market is always been unpredictable and there's no way that we could really be able to determine on whats that turning point.

[Kelvinid]

Yes i am fully agree with you. Don't wait for the bottom without buying in the Dip. Because Crypto currency market is always unpredictable. Anytime can happen anything. And anytime can move Bitcoin price. So we shouldn’t wait for bottom. For this DCA is better i think. We can buy bitcoin in every down then price will be reasonable and loss will be reduce. If we able to DCA then we well be profitable there has no doubt. Because Bitcoin price will must up. Now Bitcoin Price is  near about $26k and In 2021 Bitcoin price was $69k that whit was ATH till now. So i thik anyone shouldn’t wait for bottom.

Usually, investors have thought that once the market is in the correction phase, they then think about the bottom price and wait before buying. But this is not a great idea, this is the reason why we miss buying the low price. Many times I've tried doing and because of the volatility of the market, it was hard to say that if it dumped today, it would still dump tomorrow as sometimes the course had changed already and we then missed the chance.

[Ever-young]

thank you for reading my topic.

I think of it as an interesting one and a topic that will benefits someone's buying decision if they can really take the topic serious. As it will help who ever have plan of buying to buy without thinking about what the price of Bitcoin will be tomorrow, or if it will dump more in times to come, what one should really care about is what they have  in their holding wallet than expecting some large amount that can be bought using smaller amount when price will dump to their expectations which most times don't usually happen.

[Mate2237]

Maybe this is just my own clap of hand to seek a small attention from every Bitcoin Investor, precisely for new Bitcoin Investor because I know that most the experienced investors already knows better than I do, I guess so. Not to say more or less, I just know that this concerns us all.

That is how you think but but everyone has their own way of seeing the market. Though it is good you seek for experience investors for more advise.

I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.

Bitcoin price is unpredictable, but you can say what you feel that could happen to the price in the nearest future and that does not mean that the prediction might not against you thought. As for now the movement of bitcoin to rise up is very slow but the coming down is very fast so for bitcoin to reach at the price of 40$ or 60$ at the end of this year, I don't think it will be possible, and all what I can say in this is that, bitcoin will still come up before the year will end.

Like I said that this is just a clap of hands to call our attention because I know it concerns us that we need to buy the dip, even if we are waiting for the bottom, but you can still buy the dip and keep it in your portfolio, because Bitcoin price just don't fall in the hands of any man or authority to control. you can be waiting for the bottom and the price of Bitcoin will just begine to go bullish again.

My reason for saying  buy the DIP while waiting for the bottom.

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.
B: Because you will still make profit if you buy the dip
C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.
D: If you are holding for a long term, you don't need to be scared of buying the dip.

thank you for reading my topic.

Buying now is one of the good advice for people who like to accumulate more. Though the price is still going down so some can still wait for the dip.

[Ale88]

Like I said that this is just a clap of hands to call our attention because I know it concerns us that we need to buy the dip, even if we are waiting for the bottom, but you can still buy the dip and keep it in your portfolio, because Bitcoin price just don't fall in the hands of any man or authority to control. you can be waiting for the bottom and the price of Bitcoin will just begine to go bullish again.

I never understood what does "buying at the bottom" mean: how do you know where the bottom is? If it was something easy to do why would people buy at higher prices? Everyone would wait "for the bottom", no? The best strategy is to mediate your price buying more if it goes down, at least in that way you're not missing any buy opportunity. If you wait too long you may end up waiting forever...

[Rockstarguy]

I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.

Bitcoin price Is always volatile which anything can happen,  it is wrong to have so much confidence on the market that the price will always just be the same it was predicted. I think the best thing to do not to get disappointed with the market is to invest and never to assume the Market will get to a particular price at a particular time, doing this it will hard to be disappointed with market when it falls because you already know that something like this can happen. Just keep on hodling and never believe on assumptions because it can't be  true the way you reason about it.

[romero121]

No user or market analyst is able to predict the precise outcome of the match. Everything is some sort of assumption, coincidence, comparison with the previous year's price movement. Everything is on a cyclic process, so it is good to have a target set for buying rather than waiting for the bottom price. This could end up missing the opportunity to invest/buy at a better price.

[PIMPdev]

I'm DCAing in Bitcoin anyway. If it goes lower I'm trying to invest a little more. If it goes even lower sometimes I borrow some money, but not much to be able to pay it out easily.

[mv1986]

You cant really say that its a quack or wannabe but rather those people are simply to those who do love short trades and to those who do scalp out because trying out to look for the reversal would be the best sweet spot

on you to be placed on that possible bottom. Yes, it cant really be determined but since this market could really be having those support lines then for sure you would be at least having the idea on where you do make out
such entry. This is why i wont really be saying that they are just wanna be. It is really just do sucks that there were people who do still keep wishing on seeing the price of 20k or even below on which we know
that it isnt really that something realistic or something that cant really be possible due to strong supports that we do have on 25k level. No one did anticipate that 25k drop but it wasnt really that too deep.

Make actions basing up on your own analysis and understanding. Market is always been unpredictable and there's no way that we could really be able to determine on whats that turning point.

I assume that Cryptomultiplier was more referring to the vast majority of so called traders who try to tell people what the bottom is, what the perfect dip is and when we finally have entered a bull run again. But in reality most of that is no better than blindly throwing darts at a dartboard. The number of people who are making gains from long-term day trading, shorting markets and using leverage is tiny. It is a small percentage of people who literally dedicate 24/7 to get their trades right most of the time.

But you brought up so called support levels and this is where the first big issue arises. What does any of those identified support levels help you when uncertainty hits and Bitcoin experiences a major blow because of an unexpected event? How many short positions from experienced high volume traders get squeezed on a regular basis? People say that those who lose even as experienced traders didn't show a sufficient level of self-control, but the fact rather is that they can't control for everything and day-trading makes you money only when you are in the market. But the risky tails of the probability distribution are what can kill significant positions from any trader.

I am sure that some have made consistent gains over a long period of time, but those who tell others that everyone can do it are just lying.

[ektotanes]

I'm trying to buy every Bitcoin dip in ownr wallet, not trying to guess the exact bottom.

The bigger your bag the better, and it doesn't matter if you bought the dip or the bottom.

[Peanutswar]

If you have knowledge in trading with the technical analysis and how does the market works, economy and the smart money concept you can easy identify what are the possible signals that the market would do.
This serve as a preparation for your next buy or sell of your holdings. Not always dip is the bottom and not always pump is the ATH, if you prepare for this you can make a better position to execute your buy and sell opportunities

[sokani]

My reason for saying  buy the DIP while waiting for the bottom.

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.
B: Because you will still make profit if you buy the dip
C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.
D: If you are holding for a long term, you don't need to be scared of buying the dip.

thank you for reading my topic.

When Bitcoin got to $30,000, I'm among those persons that thought we won't see the $25k price mark again but I was wrong and Bitcoin took a trace back and it's currently sitting at $26.09k. There is no bottom especially for some persons that are hoping and expecting the price to go down further, the might miss this opportunity. All they have to do is to take a position and hodl because the market can turn green again at any time. The present market condition is always an opportunity for smart investors to buy the dip. As weak hands are offloading their Bitcoin, wise investors are buying and stacking their Bitcoin holdings.

[bitgolden]

Dips are good opportunities but in the case of the market's initial times as at the start of the cycle if you are buying the dip in the full swing of the Cycle as close to the ATH and the market suddenly dumped and you are aggressively buying that can be your biggest mistake as for the living example after the last cycle ATH Michel Saylor aggressively accumulated the dip and until now they are suffering the loss I know their vision is too long term holdings, still not everyone can wait for the market for recover in  2 years.

Dip accumulation is good as you follow the tip "Be fearful when everyone is greedy and be greedy when everyone is fearful" while buying the dip. Still, some things are needed to be taken care off.

That should definitely be written on the wall of any trader. The richest people in the world all made their investments during the bear period to get in when everything is low, buy it, hold it until the market recovers and then got rich and possibly either keep holding it even longer, or sell it when it all goes up and wait for it to go down again.

This is the way most people get rich, they know that it is going to be possible to make as much profit as they possibly could and that is why I think it should be important. I know that it will take some time for them to make money because they buy it at the bear market and have to wait until the bull period, and that's not a single day, but wealth is not made in a single day anyway.

[MFahad]

According to my opinion if one identify that the market is lower in price than previous worth and now he have much money to invest in it then investment at that time will be profitable. If one cannot identity that at which rate he should buy the coin then comparing price of present with past will help them to take decision.

When one Waiting for more dip then sometime he loss the golden opportunity so the present stage is good for buying but those who don't buy yet due to the fear of losing money will regret I'm future. Most of the people are now thinking that bitcoin and other currencies will never come to higher worth again but they don't know that volatility is a key to success by accepting the lower price for buying and higher for selling.

[bayu7adi]

If one cannot identity that at which rate he should buy the coin then comparing price of present with past will help them to take decision.

Actually, this is what's causing confusion. Are you implying, at what time interval should we consider past prices as a valid benchmark?

Indeed, a few weeks ago, the BTC price stood higher than it does now, hovering around the $30k range. However, six months back, BTC was valued at $23k. If we stick to last week's prices, sure, it seems cheap, but if we take into account the value six months ago, it appears rather steep. As of now, the Bitcoin price sits at $26k.

Opting for gradual purchases would be more beneficial than comparing to historical prices. Additionally, BTC is currently at a support juncture, and if that level gives way, chances are the market will turn bearish. There's no telling what might occur before the halving period; surprises could manifest at any given moment.

[RockBell]

No user or market analyst is able to predict the precise outcome of the match. Everything is some sort of assumption, coincidence, comparison with the previous year's price movement. Everything is on a cyclic process, so it is good to have a target set for buying rather than waiting for the bottom price. This could end up missing the opportunity to invest/buy at a better price.

No one actually has the power to make a prediction of what the price will be and anything that happens like you said is always based on past history and records, and for this reason, occurrences frequently support the price of Bitcoin, I think that is were the issue of patience come in, for does that actually have bitcoin, you have to keep holding till the price comes to your favor because am sure no one will want to sell at lost, is always smart to know every single information so has to enjoy the entire bitcoin environment so as not to miss the opportunity it comes with.

[ethrhinoceros]

Buying the dip is like catching a wave, perfect for those who wanna ride it all the way up. No cap, even seasoned traders sometimes need a reminder to seize those opportunities. And you're right, whether you're a newbie or a crypto vet, the game is always evolving.

[Sanitough]

There is no right or wrong time when buying Bitcoin. When you enter the market, that's when your time starts, so it doesn't matter if you are buying the dip or the top. Give it the right time, and you will be making the profits for which you have invested for. It's all about holding for a long time. The more you hold, the more profit you can gain from Bitcoin investment.

Maybe you will make less profit, but you will be making profit from the car investment if you have the will to hold for a long term. Buying at low price will always give you advantage of making good profits. This whole we are market is an opportunity for us to fill our bags with more Bitcoin which you can buy at low price. Pinpointing the bottom is very hard, and you don't know when the price will be bullish again. This is why it is always advised to do DCA.

Buying bitcoin is already a good preparation to your bitcoin investment. It’s either you buy at the dip or at the top, that’s already your own strategy so you can be profitable when the market is bullish. However, if you want to maximize your future profits, then always buy when prices are in dips. That’s the best way to enter in the market so you can increase the volume of your bitcoin while prices are affordable. On the other hand, buying at the top is like you are adding to the hype. And when its price suddenly drops, you start to panic seeing you are starting to lose your future profits.

[Oasisman]

Don't wait for the bottom without buying in the Dip.

You might be new to crypto but I admire your courage and knowledge towards how bitcoin have worked and how it's price has been performing from the past 14 years.
Not everyone can think the way you do, even those who have been here for a year or two has no courage in doing what you do, instead they kept finding the bottom and kept missing it for sure. This method were actually used by several people in here and it is called the dollar cost averaging or DCA, it's where you will purchase smaller fractions in a cheaper price of course (dip) rather than purchasing it once at a certain point (bottom) which is ultimately hard to find.
IMO, considering how far bitcoin have gone in the most recent ATH and how close we are from the next bitcoin halving, $26k is already a good entry point.

[Oilacris]

Don't wait for the bottom without buying in the Dip.

You might be new to crypto but I admire your courage and knowledge towards how bitcoin have worked and how it's price has been performing from the past 14 years.
Not everyone can think the way you do, even those who have been here for a year or two has no courage in doing what you do, instead they kept finding the bottom and kept missing it for sure. This method were actually used by several people in here and it is called the dollar cost averaging or DCA, it's where you will purchase smaller fractions in a cheaper price of course (dip) rather than purchasing it once at a certain point (bottom) which is ultimately hard to find.
IMO, considering how far bitcoin have gone in the most recent ATH and how close we are from the next bitcoin halving, $26k is already a good entry point.

Even myself considered to be on this space for 7 years but still there are moments on which im really that a fan on trying out to look for the bottom price on which this is something that a common

behavior for someone to do so just because we are really that trying out to maximize possible profitability on which it is really that something normal for you to have this kind of approach when it comes to price movements which it is really that totally random or unpredictable. As a trader then you would really be finding yourself that be that trying out to maximize profitability and this is why its not really something that you could really be avoiding on finding the bottom but its true that whenever there's a dip then it wont really be that bad for you to make out some buy position.

Somewhat making up decisions on times like these wont really be that easy because you would be always having the thought that what if the price would go down even more?
You would really be that skeptical on making such step or movement just because you are really that being hindered with those probabilities.

[batang_bitcoin]

My reason for saying  buy the DIP while waiting for the bottom.
A; you may be waiting for the bottom and the market will recover so quickly than you less expect.

Just buy on the dip whenever you feel that you've got extra cash because you'll still be the one to take advantage of it when the market recovers.

B: Because you will still make profit if you buy the dip

Only if you sell when the price is higher than the bought price.

C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.

That's true and many of those investors have been waiting for so long but many of them also panic sold.

D: If you are holding for a long term, you don't need to be scared of buying the dip.

Definitely, those that are long on this market have never been scared of the market after experiencing all of these volatility.

[n0ne]

If you have knowledge in trading with the technical analysis and how does the market works, economy and the smart money concept you can easy identify what are the possible signals that the market would do.
This serve as a preparation for your next buy or sell of your holdings. Not always dip is the bottom and not always pump is the ATH, if you prepare for this you can make a better position to execute your buy and sell opportunities

However you should also know to differentiate the cryptomarket from the traditional stock market trading, because with certain techniques the market moves can be predicted precisely. The same isn't possible with cryptocurrency. This makes the investment riskier and the waiting to experience the bottom price a difficult task.

In comparison to the peak price reached over the years time it is good to consider a price to buy. If the specific price point have got touched it is good to go with it rather than waiting long and missing opportunities.

[ChiBitCTy]

No one has any real clue exactly how things are going to play out.  The best course of action is to simply DCA/Dollar Cost Average in to bitcoin.  Bitcoin could easily jump to 30,000 here in the next few days, or it could just as easily drop down to 20,000 in the same time span.  My recommendations would be to continue to put small amounts in each month.  Or maybe not small, but equal amounts, not trying to time the market.

[YUriy1991]

I'm DCAing in Bitcoin anyway. If it goes lower I'm trying to invest a little more. If it goes even lower sometimes I borrow some money, but not much to be able to pay it out easily.

Of course, it's a win-win solution right now and I like the way you think that you're practical, focused and unhurried. Like it or not, people's desire to know about Bitcoin has grown and indirectly Bitcoin has changed one's curiosity about the potential, greater benefits of Bitcoin and how Bitcoin can shape the future of digital finance that continues to evolve and the true purpose of investing in BTC itself .

[jasonjm]

My reason for saying  buy the DIP while waiting for the bottom.

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.
B: Because you will still make profit if you buy the dip
C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.
D: If you are holding for a long term, you don't need to be scared of buying the dip.

thank you for reading my topic.

Although you raised some valid points, I respectfully disagree with you on when to buy the dip. Whenever there is a market correction, you might see a small pump now and then, but the price will ultimately fall. You have to follow the market trends for some time to see how the market will behave, then buy the dip, not that the price decreases slightly, and you are there to buy the dip. No one can predict the bottom, but you should keep in mind a certain price range to invest, i.e. I will buy Bitcoin when the price is between $20k to $25k.
Yes! For long-term holding, the buying price does not matter because, in the end, you are gaining profit, but why not increase the profit margin further by analysing the market and investing at the right time? 

[lienfaye]

Well, it's understandable if some investors are hesitating to buy when the price is declining since they're waiting for the bottom. The problem is we can't pin point what's the lowest price to buy. Therefore DCA strategy might work for investors who have worries when buying.

D: If you are holding for a long term, you don't need to be scared of buying the dip.

Indeed. Because regardless of what the current condition is, you won't be affected since you're a long term hodler. This is one of the benefit of holding for long period, less worries and you don't have to panic when the market is in bearish.

[xSkylarx]

No one has any real clue exactly how things are going to play out.  The best course of action is to simply DCA/Dollar Cost Average in to bitcoin.  Bitcoin could easily jump to 30,000 here in the next few days, or it could just as easily drop down to 20,000 in the same time span.  My recommendations would be to continue to put small amounts in each month.  Or maybe not small, but equal amounts, not trying to time the market.

As long as you can afford it because others like waiting for deep and they aren't knowledgeable; they are kind of in the waiting game that they don't know what's going on. For those kinds of people that like buying in small bits, like every salary, it is best to buy it when they can and accumulate it over time rather than waiting on a dip, which you don't know when, and the volatility aspects of bitcoin will make you feel left behind, and again, you'll regret not purchasing it at that time.

[justdimin]

I assume that Cryptomultiplier was more referring to the vast majority of so called traders who try to tell people what the bottom is, what the perfect dip is and when we finally have entered a bull run again. But in reality most of that is no better than blindly throwing darts at a dartboard. The number of people who are making gains from long-term day trading, shorting markets and using leverage is tiny. It is a small percentage of people who literally dedicate 24/7 to get their trades right most of the time.

But you brought up so called support levels and this is where the first big issue arises. What does any of those identified support levels help you when uncertainty hits and Bitcoin experiences a major blow because of an unexpected event? How many short positions from experienced high volume traders get squeezed on a regular basis? People say that those who lose even as experienced traders didn't show a sufficient level of self-control, but the fact rather is that they can't control for everything and day-trading makes you money only when you are in the market. But the risky tails of the probability distribution are what can kill significant positions from any trader.

That is true, all of them are making a prediction and they are not really making that profit neither, not the one they claim at least. They show you the good trades that they make, and hide the bad ones they made, that way you could see the 10 trades that made me 100%+ return, but not see the 50 trades I made a loss on.

This is why it's quite important to learn about it yourself since that would guarantee that you will make some profit. I do not think that it will be that hard, it should be not impossible to learn how to trade and if you can do that then the return will be amazing. Hopefully it will become something that is important and should be great for you when you start to make a lot of profits from it as well.

[Sebas.tian]

I have loss my fear since last year when the price of Bitcoin was struggling to reach $30,000, but the price continue dumping to the level of $20,000 that make me to made up my mind never to sell my Bitcoin until the price reach $50,000 before I can sell to embrace profits. Now that the price of Bitcoin has decreased in the market, I don't think I need to buy Bitcoin in this season again than to continue holding the ones I bought with huge amount of capital which I know if the price hit $50,000 or $60,000 I will smile. It will be favourable if anyone can use this opportunity to buy Bitcoin and hold, because the price of Bitcoin is still below $26,035, which it will help both long and short term investors to make a good profits when the price hit higher in future.

[Rabata]

A Bitcoin investor cannot buy from the highest dip. That's why he must be patient, not only that, there are many investors who waited for the dip and subsequently faced huge losses as Bitcoin became bullish. We should invest in Bitcoin by doing a research on how long we can hold considering the current market. If you are a long-term Bitcoin holder, you can imagine the current price as a dip. On the other hand, if you are a short-term investor, you can wait a little longer. But the key point is that if you want to avoid risk, there is no alternative to investing by planning for the long term.

[serveria.com]

Maybe this is just my own clap of hand to seek a small attention from every Bitcoin Investor, precisely for new Bitcoin Investor because I know that most the experienced investors already knows better than I do, I guess so. Not to say more or less, I just know that this concerns us all.

I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.

I know one day I will look at my portfolio and I will be happy for Investing in Bitcoin.

Like I said that this is just a clap of hands to call our attention because I know it concerns us that we need to buy the dip, even if we are waiting for the bottom, but you can still buy the dip and keep it in your portfolio, because Bitcoin price just don't fall in the hands of any man or authority to control. you can be waiting for the bottom and the price of Bitcoin will just begine to go bullish again.

My reason for saying  buy the DIP while waiting for the bottom.

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.
B: Because you will still make profit if you buy the dip
C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.
D: If you are holding for a long term, you don't need to be scared of buying the dip.

thank you for reading my topic.

I mostly agree, mainly with the part in bold and also the list. Great points and all. But it's not clear why you expected Bitcoin price to soar and reach $60k this year? This year is mostly sideways, with a slight pre-halving dump in the end of the year. We can expect a pump early next year right before the halving and also after it. We may expect a moonshot right to the ATH arena.

[tjtonmoy]

On the other hand, buying at the top is like you are adding to the hype. And when its price suddenly drops, you start to panic seeing you are starting to lose your future profits.

Emotion control is essential when it comes to Bitcoin investment. Doesn't matter which one or where you buy, it could be the very top or the bottom, it shouldn't bother you a bit. And I don't think having good emotion control would lead to panic. If the vision in to Hodl for a long time, then it is better to just forget about those coins that you own.

And future profits or loss is uncertain or unpredictable when it comes to Bitcoin investment. You just know that this will happen, and this event will lead to this, which will eventually push Bitcoin's price up. We all know what I am talking about. But the exact amount or the exact time is unknown. So why think and get panicked about something that is not there yet, and only the future can tell the difference?

Focus on your goal. Set a target and just wait till it's fulfilled. Could take days, months or years. But it will happen eventually. So focus on that.

[Blitzboy]

Do you understand the magnitude of what we're dealing with? Bitcoin is not just another stock or asset. Its a fundamental shift, an upheaval in the financial world order. Your analysis? Its raw, unfiltered, and valuable. Kudos to you for attempting to grasp this beast.

Now, Bitcoin is volatile, unpredictable. Anyone who says otherwise is feeding you lies. But here's where I align with your thinking: Buying the dip is strategic! When history looks back, it wont remember the minor fluctuations. It will see the audacious individuals who believed, invested, and propelled a revolution.

Your points A through D are apt, especially the bit about the market recovering faster than anticipated. But remember, this isnt a sprint; its a marathon. You're right; those who bought high will envy those who saw opportunity when everyone else saw despair. Stand firm, trust the process, and understand that Bitcoin’s evolution is much larger than its current price.

[raidarksword]

Waiting for the dip is a bit hard to predict and no one can do anything about it hence market is fast paced that moves instantly every day and don't rest all. DCA would be a great solution for buying and stocking assets during the bear market and dip market is just a bonus to buy more at low price. Remember people waiting for bitcoin to dip at $10k? It never happened at all otherwise it pumped hard back to the top and leaving $10k boys at the bottom.

[coinerer]

Waiting for the dip is a bit hard to predict and no one can do anything about it hence market is fast paced that moves instantly every day and don't rest all. DCA would be a great solution for buying and stocking assets during the bear market and dip market is just a bonus to buy more at low price. Remember people waiting for bitcoin to dip at $10k? It never happened at all otherwise it pumped hard back to the top and leaving $10k boys at the bottom.

Do you think Bitcoin price can fall below $10k dollars? This may or may not ever happen because Bitcoin has a lot of support and more people are involved in Bitcoin than ever before so Bitcoin may never drop below $20,000 again even though we had a great opportunity to buy and collect Bitcoin a few months ago because when Bitcoin The price dropped to $15,000. But yes DCA can be a great solution since we can't predict the price of Bitcoin for granted so it is not possible to predict exactly when the price will be. Therefore if we follow DCA then our purchase price will be minimized and loss recovery will be possible quickly.

[Solosanz]

Do you think Bitcoin price can fall below $10k dollars? This may or may not ever happen because Bitcoin has a lot of support and more people are involved in Bitcoin than ever before so Bitcoin may never drop below $20,000 again even though we had a great opportunity to buy and collect Bitcoin a few months ago because when Bitcoin The price dropped to $15,000. But yes DCA can be a great solution since we can't predict the price of Bitcoin for granted so it is not possible to predict exactly when the price will be. Therefore if we follow DCA then our purchase price will be minimized and loss recovery will be possible quickly.

High unlikely because I don't smell anything bad in the current global economy, actually the inflation rate is keep lower and lower except few countries. There's possibility Bitcoin price might went down to $10K, but it's not this year or next year, maybe in 2026 where bear season happen after a year of bull season.

We might bought Bitcoin at quite higher than the bottom, but there's nothing wrong as long as we're making good amount of profit isn't?

[Victorik]

The fact is just find a good entry point that you are comfortable with and buy. A dip today was once an all time high, so what if you buy and it dips further?

[legendbtc]

Waiting for the dip is a bit hard to predict and no one can do anything about it hence market is fast paced that moves instantly every day and don't rest all. DCA would be a great solution for buying and stocking assets during the bear market and dip market is just a bonus to buy more at low price. Remember people waiting for bitcoin to dip at $10k? It never happened at all otherwise it pumped hard back to the top and leaving $10k boys at the bottom.

Do you think Bitcoin price can fall below $10k dollars? This may or may not ever happen because Bitcoin has a lot of support and more people are involved in Bitcoin than ever before so Bitcoin may never drop below $20,000 again even though we had a great opportunity to buy and collect Bitcoin a few months ago because when Bitcoin The price dropped to $15,000. But yes DCA can be a great solution since we can't predict the price of Bitcoin for granted so it is not possible to predict exactly when the price will be. Therefore if we follow DCA then our purchase price will be minimized and loss recovery will be possible quickly.

Bitcoin is unlikely to drop to 10k again, but the possibility of dropping to 20k is not too difficult, you are too subjective if you think bitcoin will never drop to 20k again. If we had another black swan strike, even adding millions of new investors wouldn't be able to stop the bitcoin dumping. Like many are saying that the halving event is approaching and the demand for bitcoin will increase, bitcoin will never drop below $30k. But in the end, bitcoin is still trading below $26k once again. 

Don't be subjective!.

[superman184]

The fact is just find a good entry point that you are comfortable with and buy. A dip today was once an all time high, so what if you buy and it dips further?

If someone has bought at a certain price point and then the price has fallen far from the price he once bought, then the key is to be patient and store Bitcoin or whatever you have purchased in a safe place. Because as long as he is holding it and not selling at a lower price, he is not considered a loser because he still has enough time to wait for the next increase in Bitcoin or in whatever he has bought. So a person's level of consistency will be more visible when he is willing to survive when tested by falling prices in the market.

[Crypto Library]

Waiting for the dip is a bit hard to predict and no one can do anything about it hence market is fast paced that moves instantly every day and don't rest all. DCA would be a great solution for buying and stocking assets during the bear market and dip market is just a bonus to buy more at low price. Remember people waiting for bitcoin to dip at $10k? It never happened at all otherwise it pumped hard back to the top and leaving $10k boys at the bottom.

Do you think Bitcoin price can fall below $10k dollars? This may or may not ever happen because Bitcoin has a lot of support and more people are involved in Bitcoin than ever before so Bitcoin may never drop below $20,000 again even though we had a great opportunity to buy and collect Bitcoin a few months ago because when Bitcoin The price dropped to $15,000. But yes DCA can be a great solution since we can't predict the price of Bitcoin for granted so it is not possible to predict exactly when the price will be. Therefore if we follow DCA then our purchase price will be minimized and loss recovery will be possible quickly.

The price of Bitcoin may drop to $10k but the probability is very low but it is not impossible because after its price peaked at $68k it went back to $15k and previously we saw Bitcoin first break through $20k and then back down to $3200. Nothing is impossible for Bitcoin. So the best way to invest Bitcoin is to follow DCA. Everyone wants to buy bitcoins at a low price because the lower the price of bitcoins, the more profit you can make. We miss many opportunities while waiting for it. Because it is not possible for anyone to accurately predict its price, its price changes can only be estimated by analyzing trading charts and analyzing various situations only. so DCA is the best strategy

[Stedsm]

--snip--

My reason for saying  buy the DIP while waiting for the bottom.

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.
B: Because you will still make profit if you buy the dip
C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.
D: If you are holding for a long term, you don't need to be scared of buying the dip.

thank you for reading my topic.

The first 2 points are valid, however it's not that some institutional investors bought at the highs as you said and only retail investors were the ones who got trapped by institutional whales at high prices (this is for your 3rd point). And about hodling, it's obvious that nobody gets scared at all because they've got balls of iron and they literally won't panic sell even if it crashes hard. However, I do believe that buying at some stages is good in order to keep up with the DCA strategy and minimize your losses ahead.

[irhact]

Well, it's understandable if some investors are hesitating to buy when the price is declining since they're waiting for the bottom. The problem is we can't pin point what's the lowest price to buy. Therefore DCA strategy might work for investors who have worries when buying.

Procrastinating is the reason why investors that were waiting for the dip to buy Bitcoin would see the market dipping and refuse to buy. We can't catch the bottom of the market and it'll be pointless to try to time it. The best strategy is to DCA and wait for the bull market to take profits. If you keep procrastinate when to buy Bitcoin, you would end up not buying and you will regret it in the future when bitcoin is rising and you don't hold any bitcoin in your wallet.

When you have a targetted price that you're waiting to buy Bitcoin, you can buy other dips that are closed to the price you set while you wait on the market to continue dipping then you can buy more to add to your investment and that way you won't miss owning bitcoin.

[panganib999]

This is as low as you can get with bitcoin. If you're waiting for an even lower value to entry you're going to be too late to the party one way or another. So might as well just buy the current price point and stock up on bitcoins whenever you can. I myself would recommend the DCA strategy as it makes sure you don't get left behind on the bitcoin party no matter what the price point is at the time. If buying bitcoins on an interval isn't much your style, just buy it as much as possible. Makes sure that you have a stake at it no matter what.

Don't wait it out, the market's not going to wait for you. It's either you make the choice or you lose the chance.

[Wakate]

No one has any real clue exactly how things are going to play out.  The best course of action is to simply DCA/Dollar Cost Average in to bitcoin.  Bitcoin could easily jump to 30,000 here in the next few days, or it could just as easily drop down to 20,000 in the same time span.  My recommendations would be to continue to put small amounts in each month.  Or maybe not small, but equal amounts, not trying to time the market.

As long as you can afford it because others like waiting for deep and they aren't knowledgeable; they are kind of in the waiting game that they don't know what's going on. For those kinds of people that like buying in small bits, like every salary, it is best to buy it when they can and accumulate it over time rather than waiting on a dip, which you don't know when, and the volatility aspects of bitcoin will make you feel left behind, and again, you'll regret not purchasing it at that time.

It is not necessary talking about the dip when some persons will still not care about it. The dip is a good time to buy and keep for the future but it's only for those that have the fund and can afford to buy it. The people that would make huge money from the dip are the rich people that have excess money to buy large amount of Bitcoin and keep for when the market will be ready for them to sell there. The working class especially those that don't have the fund to clear all there bills will keep planning to buy but may never buy at all because of insufficient funds.

[YUriy1991]

No one has any real clue exactly how things are going to play out.  The best course of action is to simply DCA/Dollar Cost Average in to bitcoin.  Bitcoin could easily jump to 30,000 here in the next few days, or it could just as easily drop down to 20,000 in the same time span.  My recommendations would be to continue to put small amounts in each month.  Or maybe not small, but equal amounts, not trying to time the market.

I myself agree, forcing all of our funds into BTC for now without using the DCA pattern is still risky, that is if there is a further correction but, if we can manage our funds in installments for every decrease in BTC that occurs I feel there is satisfaction in itself, meaning always got a very reasonable price at that time. If All in only at that moment. Yes. You are right . Bitcoin can easily go up and down at any time and a trading technique using DCA is one way to work around this.

[LittleBitFunny]

Do you think Bitcoin price can fall below $10k dollars? This may or may not ever happen because Bitcoin has a lot of support and more people are involved in Bitcoin than ever before so Bitcoin may never drop below $20,000 again even though we had a great opportunity to buy and collect Bitcoin a few months ago because when Bitcoin The price dropped to $15,000. But yes DCA can be a great solution since we can't predict the price of Bitcoin for granted so it is not possible to predict exactly when the price will be. Therefore if we follow DCA then our purchase price will be minimized and loss recovery will be possible quickly.

High unlikely because I don't smell anything bad in the current global economy, actually the inflation rate is keep lower and lower except few countries. There's possibility Bitcoin price might went down to $10K, but it's not this year or next year, maybe in 2026 where bear season happen after a year of bull season.

We might bought Bitcoin at quite higher than the bottom, but there's nothing wrong as long as we're making good amount of profit isn't?

I also don't believe bitcoin will drop to 10k but we should still be careful with everything because nothing is impossible with bitcoin. Moreover, last night, the Fed Chairman also said that inflation is still high and likely to return, so it is likely that they will continue to raise interest rates further. Although this news does not make the market volatile, we also need to be careful with what they say. I still don't see anything stabilizing with the macroeconomic situation.

If bitcoin can't drop to $10k this bear season don't expect to see that price next season as bitcoin bottoms after each cycle will be much higher.

[Blitzboy]

This is as low as you can get with bitcoin. If you're waiting for an even lower value to entry you're going to be too late to the party one way or another. So might as well just buy the current price point and stock up on bitcoins whenever you can. I myself would recommend the DCA strategy as it makes sure you don't get left behind on the bitcoin party no matter what the price point is at the time. If buying bitcoins on an interval isn't much your style, just buy it as much as possible. Makes sure that you have a stake at it no matter what.

Don't wait it out, the market's not going to wait for you. It's either you make the choice or you lose the chance.

Bitcoin stands as a revolution. While I see where you're coming from, thinking this is the lowest dip, one can never truly predict the volatile of cryptocurrencies. If there's anything history has taught us, its that nothing remains static. We must adapt and learn the ebb and flow of the digital economy.

The DCA strategy is indeed wise; its like evolution in small steps, preparing you for the future. But lets not be slaves to urgency; remember, its the big picture that matters. Dont rush. Analyze, strategize, and then act. Time doesnt wait, but an informed choice is better than a hasty one.

[Humblevirus]

I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.

It always  every hard to predict the direction price Bitcoin, and that why reason we are always ask to invest what we can afford to lose.timing Bitcoin price some time is what make some is what courses some failures in cryptocurrency industry, it lead some people to invest what they cannot afford lose because their thinking is this that they will make profit as time they predicted.but who knows what happens to Bitcoin price will happen before the end of December as you predicted but I can't really say that Bitcoin price can pick $40k before December.

[coinerer]

Do you think Bitcoin price can fall below $10k dollars? This may or may not ever happen because Bitcoin has a lot of support and more people are involved in Bitcoin than ever before so Bitcoin may never drop below $20,000 again even though we had a great opportunity to buy and collect Bitcoin a few months ago because when Bitcoin The price dropped to $15,000. But yes DCA can be a great solution since we can't predict the price of Bitcoin for granted so it is not possible to predict exactly when the price will be. Therefore if we follow DCA then our purchase price will be minimized and loss recovery will be possible quickly.

High unlikely because I don't smell anything bad in the current global economy, actually the inflation rate is keep lower and lower except few countries. There's possibility Bitcoin price might went down to $10K, but it's not this year or next year, maybe in 2026 where bear season happen after a year of bull season.

We might bought Bitcoin at quite higher than the bottom, but there's nothing wrong as long as we're making good amount of profit isn't?

I also don't believe bitcoin will drop to 10k but we should still be careful with everything because nothing is impossible with bitcoin. Moreover, last night, the Fed Chairman also said that inflation is still high and likely to return, so it is likely that they will continue to raise interest rates further. Although this news does not make the market volatile, we also need to be careful with what they say. I still don't see anything stabilizing with the macroeconomic situation.

If bitcoin can't drop to $10k this bear season don't expect to see that price next season as bitcoin bottoms after each cycle will be much higher.

spaceX suddenly selling their stored bitcoins has some bad effect on bitcoin and because of that the price of bitcoin drops a bit but it is very unlikely that the price of bitcoin will go down to $10k.  Those who wait for this will once again miss a great opportunity.  Because this time, if the price of Bitcoin increases, it will not drop easily. So it is not wise to wait for bitcoin price 10k like a fool if one really wants to gain something good from bitcoin investment.

[Victorik]

The fact is just find a good entry point that you are comfortable with and buy. A dip today was once an all time high, so what if you buy and it dips further?

If someone has bought at a certain price point and then the price has fallen far from the price he once bought, then the key is to be patient and store Bitcoin or whatever you have purchased in a safe place. Because as long as he is holding it and not selling at a lower price, he is not considered a loser because he still has enough time to wait for the next increase in Bitcoin or in whatever he has bought. So a person's level of consistency will be more visible when he is willing to survive when tested by falling prices in the market.

Sometimes this applies to solid projects with utilities and not.just any coin/token, because there are some tokens that have dipped and despite how hard the team is working, they never seem to recover..

[Ale88]

The fact is just find a good entry point that you are comfortable with and buy. A dip today was once an all time high, so what if you buy and it dips further?

If someone has bought at a certain price point and then the price has fallen far from the price he once bought, then the key is to be patient and store Bitcoin or whatever you have purchased in a safe place. Because as long as he is holding it and not selling at a lower price, he is not considered a loser because he still has enough time to wait for the next increase in Bitcoin or in whatever he has bought. So a person's level of consistency will be more visible when he is willing to survive when tested by falling prices in the market.

Sometimes this applies to solid projects with utilities and not.just any coin/token, because there are some tokens that have dipped and despite how hard the team is working, they never seem to recover..

Altcoins are a totally different thing from bitcoin. If I hold bitcoin at loss I'm 99.99% sure that at some point, maybe in 1 month of maybe in 1 year, the price will recover; with altcoins you never know because if the price keeps tanking even the same people behind the project could decide that at that point is simply better to sell all the coins/tokens they own and abandon the project. With bitcoin that is not possible.

[wiss19]

It's obviously not wise to keep waiting for the bottom and don't buy when the market has already taken a plunge, this is why DCA is a very useful method for accumulating cryptocurrencies during the dips because if you buy with everything you have and then the market dips even more, you will regret your decisions, and the same will happen if the market recovers back without going any further declines, you will still feel bad for not buying when the time was right.

So, it's the best way to simply start doing DCA as soon as the market starts dipping so that you don't regret it no matter which way the market moves next. When you DCA, you will always have some money left for buying more and even if the market goes up, you won't regret since you've bought some.

[Outhue]

There is no right or wrong time when buying Bitcoin. When you enter the market, that's when your time starts, so it doesn't matter if you are buying the dip or the top. Give it the right time, and you will be making the profits for which you have invested for. It's all about holding for a long time. The more you hold, the more profit you can gain from Bitcoin investment.

Maybe you will make less profit, but you will be making profit from the car investment if you have the will to hold for a long term. Buying at low price will always give you advantage of making good profits. This whole we are market is an opportunity for us to fill our bags with more Bitcoin which you can buy at low price. Pinpointing the bottom is very hard, and you don't know when the price will be bullish again. This is why it is always advised to do DCA.

Tell that to those who entered the market when Bitcoin was at 69k, even if they are very strong and they decide to hold, they won't make any gains until Bitcoin goes over 69k in the next bull market.

Buy at the top is not a good strategy, if anyone enters crypto market when the prices have already skyrocket, they should hold their horses and wait for bear market.

The best time to enter the crypto market will always be the bear market, not the bull market, all that's left is FOMO and it's more dangerous to get caught in FOMO.

[tjtonmoy]

~Snip

Well, those who bought the top are still making profits if they are smart enough. I am sure they did not put all their money in one go. If they are strong hodler, then they know their shit. They know how to diversify their investment. If you are in the game long enough, you will know that. Always keep some extra as a backup while investing in Bitcoin. No one knows what will happen and when a big opportunity will arrive. In order not to miss it, you need to always keep some separate funds. That will help you buy in other opportunities.

Those who have bought Bitcoin at the top, are not stuck to that one investment. I am sure they are focusing on other trades. Never put your all in one trade or trade with something that you can't afford to lose. So I don't have to tell those who bought at 69k. They already know. They are waiting for the bull run and focusing on other things. So that's that. If someone is not able to get the best out of trading, do DCA. It's your best friend till the next pump.

[MFahad]

Actually, this is what's causing confusion. Are you implying, at what time interval should we consider past prices as a valid benchmark?

Indeed, a few weeks ago, the BTC price stood higher than it does now, hovering around the $30k range. However, six months back, BTC was valued at $23k. If we stick to last week's prices, sure, it seems cheap, but if we take into account the value six months ago, it appears rather steep. As of now, the Bitcoin price sits at $26k.

Opting for gradual purchases would be more beneficial than comparing to historical prices. Additionally, BTC is currently at a support juncture, and if that level gives way, chances are the market will turn bearish. There's no telling what might occur before the halving period; surprises could manifest at any given moment.

Simple is that you have to see your buying price because you cannot sell your coin in a value lower than buying price for example you bought bitcoin when the price was 18k$ so surely you will have maximum amount at this stage as even the market is decrease in price but it is higher if we compared it with your buying rate.

Selling of bitcoin is not a good option when situations are like this because this bear market is not permanent but actually it is temporary which will end very soon. But selling is better for those who always get terrified when market goes down so instead of going towards wrong and defeated way one should clarify about the rate in which he can get benefit.

[bayu7adi]

Simple is that you have to see your buying price because you cannot sell your coin in a value lower than buying price for example you bought bitcoin when the price was 18k$ so surely you will have maximum amount at this stage as even the market is decrease in price but it is higher if we compared it with your buying rate.

Selling of bitcoin is not a good option when situations are like this because this bear market is not permanent but actually it is temporary which will end very soon. But selling is better for those who always get terrified when market goes down so instead of going towards wrong and defeated way one should clarify about the rate in which he can get benefit.

Indeed, it's true that we should sell Bitcoin at a higher price than what we bought it for. However, the market never moves precisely as we predict, and there's no guarantee that Bitcoin's price will follow technical analysis patterns. So, we need to have a strategy in place to ensure our entry points aren't too high. Instead of waiting for the bearish market to conclude and the next pumping moment, timing remains uncertain.

Considering the current bearish market, it's better to employ Dollar-Cost Averaging (DCA) to gradually acquire some Bitcoin using available fiat. If there isn't enough fiat supply, hodling is the only option.

[koang]

I know one day I will look at my portfolio and I will be happy for Investing in Bitcoin.

You are 100% Right.
Someday gold will be cheaper to manufacture, or they will come with a new technology that will make mining cheaper
Bitcoin supply and mining cannot be changed without consensus.
Just 21M Bitcoin! It's Ultimate scarcity. That's why Bitcoin is so valuable.

[Russlenat]

If you want to increase the volume of bitcoin in your portfolio, then make sure to maximize your bitcoin accumulation as well through buying in every dip or through DCA, buying every time you have the resources to make it happen. However, if you are into long term hodling, even if you buy at a higher price that will not bother you anymore, because you are going to sell when it only reaches its highest peak, and while the price is not impressive yet, patience will definitely help you more to hold it tight for a longer time.

[serjent05]

If you want to increase the volume of bitcoin in your portfolio, then make sure to maximize your bitcoin accumulation as well through buying in every dip or through DCA, buying every time you have the resources to make it happen. However, if you are into long term hodling, even if you buy at a higher price that will not bother you anymore, because you are going to sell when it only reaches its highest peak, and while the price is not impressive yet, patience will definitely help you more to hold it tight for a longer time.

If we are talking about maximizing Bitcoin accumulation, trading is the best way to do it.  I agree that DCA every lower low is the safest approach, but it does not maximize the efficiency of Bitcoin accumulation because it does not take advantage of the volatility of the market.  So if one has the knacks in trading, instead of being idle while waiting for every dip of Bitcoin, it is more time efficient if we do both DCA and trading.

[SmartCharpa]

There is no right or wrong time when buying Bitcoin. When you enter the market, that's when your time starts, so it doesn't matter if you are buying the dip or the top. Give it the right time, and you will be making the profits for which you have invested for. It's all about holding for a long time. The more you hold, the more profit you can gain from Bitcoin investment.

Maybe you will make less profit, but you will be making profit from the car investment if you have the will to hold for a long term. Buying at low price will always give you advantage of making good profits. This whole we are market is an opportunity for us to fill our bags with more Bitcoin which you can buy at low price. Pinpointing the bottom is very hard, and you don't know when the price will be bullish again. This is why it is always advised to do DCA.

That's what some investors need to understand about cryptocurrencies: you can't just join them and start making profits right away; it takes time and patience to learn how to profit from them. This is all about long-term investing, but some people seem to think that cryptocurrencies are just an easy way to get rich quickly. For instance, with bitcoin, we know that the price can increase at any time and then drop again. But it is particularly horrible when some individuals have that attitude toward investing in cryptocurrencies. Buying at a cheap price or a high price doesn't ensure that you are going to make huge profits; it doesn't even matter just invest for a long time and have no doubt profits will come, because, regardless of how long it takes, the profits are what matter most.

[red4slash]

The fact is just find a good entry point that you are comfortable with and buy. A dip today was once an all time high, so what if you buy and it dips further?

If someone has bought at a certain price point and then the price has fallen far from the price he once bought, then the key is to be patient and store Bitcoin or whatever you have purchased in a safe place. Because as long as he is holding it and not selling at a lower price, he is not considered a loser because he still has enough time to wait for the next increase in Bitcoin or in whatever he has bought. So a person's level of consistency will be more visible when he is willing to survive when tested by falling prices in the market.

We can't always be in the situation that we want, for example we buy bitcoin and then the price goes up, I think that's a very difficult moment to get. This is where we have to learn that holding bitcoin requires enormous patience, and I would say if there are people who do not have patience they are not recommended to be here, because in my opinion it is the same as torturing themselves.
We must have a strategy in this case, I mean we must prepare for the possibilities that will occur, we buy at a price of 30k for example, then later the price drops to 25k, well we must be able to anticipate that by not making a full purchase of the money we hold, and that strategy is a popular one that we call DCA.

[tjtonmoy]

~Snip

Also, HODLing is not an easy job. People make it sound so easy yet it is hard. We need emotion control, know how to keep our coins safe, and most importantly when to sell in order to make the best profits. Even after you sell and make a profit, never regret if you sell early or late and not at the very top. If you run after those small changes in the market, you will make more losses instead. So be happy with what you get and have no regrets. Make a target beforehand. This will ensure no emotional interference.

Seems complicated enough but with practice and experience, you will get the idea pretty quickly. Also, you can sell in multiple sells and with different price targets. Reverse DCA I suppose you can call it(LOL). Anyway, sell and book your profits and wait for another opportunity. It will come again and be sure to be ready for it.

[irhact]

It's obviously not wise to keep waiting for the bottom and don't buy when the market has already taken a plunge, this is why DCA is a very useful method for accumulating cryptocurrencies during the dips because if you buy with everything you have and then the market dips even more, you will regret your decisions, and the same will happen if the market recovers back without going any further declines, you will still feel bad for not buying when the time was right.

If we keep waiting for the bottom, we can't buy any Bitcoin and we'll be filled with regrets when the market starts recovering and we didn't buy any bitcoin. For every dip that happens to the market we should buy Bitcoin based on the spare cash we have available. We don't have to wait until we have very large sum of money before we start buying Bitcoin, we can buy through DCA. DCA make it possible for you not to spend so much money buying Bitcoin when you could buy it cheaper.

If you keep thinking you'll wait for the bottom of Bitcoin, you'll always have doubt about the bottom because after every dip, there's always more possibility of the market dipping more and you'll keep telling yourself that you'll buy at the next dip until you miss buying entirely.

[Y3shot]

Every dip has it own profit, their is no dip without a profit.  Bitcoin can't be predicted and no one can tell when the bottom can come, sometimes it can be risky to wait for the bottom hit and miss the opportunity of buying during the dips. People think it is only when bitcoin is bought in the bottom that is only time when profit can be made, profit can also be made from the regular dip in the market not just from the bottom alone. The bottom shouldn't be an opportunity to be missed,  but waiting for the bottom to invest and neglecting the dips is not the best.

[Inwestour]

If we keep waiting for the bottom, we can't buy any Bitcoin and we'll be filled with regrets when the market starts recovering and we didn't buy any bitcoin. For every dip that happens to the market we should buy Bitcoin based on the spare cash we have available. We don't have to wait until we have very large sum of money before we start buying Bitcoin, we can buy through DCA. DCA make it possible for you not to spend so much money buying Bitcoin when you could buy it cheaper.

If you keep thinking you'll wait for the bottom of Bitcoin, you'll always have doubt about the bottom because after every dip, there's always more possibility of the market dipping more and you'll keep telling yourself that you'll buy at the next dip until you miss buying entirely.

I am also of the opinion that DCA can give us the opportunity to get a good average purchase price. It may not be the best compared to what we can get if we wait for the bottom and try to buy everything in one transaction, but how many lucky investors will there be who are able to wait and buy at 15k? If there are, then there will be only a few of them, it is difficult to catch the bottom, and DCA will allow many investors to get a good price if they accumulate bitcoin in a bear market.

[Dickiy]

If we keep waiting for the bottom, we can't buy any Bitcoin and we'll be filled with regrets when the market starts recovering and we didn't buy any bitcoin. For every dip that happens to the market we should buy Bitcoin based on the spare cash we have available. We don't have to wait until we have very large sum of money before we start buying Bitcoin, we can buy through DCA. DCA make it possible for you not to spend so much money buying Bitcoin when you could buy it cheaper.

If you keep thinking you'll wait for the bottom of Bitcoin, you'll always have doubt about the bottom because after every dip, there's always more possibility of the market dipping more and you'll keep telling yourself that you'll buy at the next dip until you miss buying entirely.

I am also of the opinion that DCA can give us the opportunity to get a good average purchase price. It may not be the best compared to what we can get if we wait for the bottom and try to buy everything in one transaction, but how many lucky investors will there be who are able to wait and buy at 15k? If there are, then there will be only a few of them, it is difficult to catch the bottom, and DCA will allow many investors to get a good price if they accumulate bitcoin in a bear market.

That's right, I think with DCA it will make it easier for you to invest. Moreover, it's ideal for those who are beginners, because you don't have to spend a lot of time living there and also maybe it's not too draining to do market analysis. On the other hand, yes, as you said, maybe it's not the best but I think it can be a pretty good solution instead of you wasting a lot of time waiting for the lowest price like $15k, maybe only for those who are lucky who can get that low price in the current condition. As we know the state of the bitcoin price is now experiencing a correction in the range of $25k and the history of movement in the last few months also dominates bullish, so that means it is very unlikely that the price will touch $15k in the next few weeks or months.
Yes it is true, the best seolisi do use DCA, this will be able to minimize losses and will make you calmer from the cruel price fluctuations, so take advantage of it.

[Marvell1]

If we keep waiting for the bottom, we can't buy any Bitcoin and we'll be filled with regrets when the market starts recovering and we didn't buy any bitcoin. For every dip that happens to the market we should buy Bitcoin based on the spare cash we have available. We don't have to wait until we have very large sum of money before we start buying Bitcoin, we can buy through DCA. DCA make it possible for you not to spend so much money buying Bitcoin when you could buy it cheaper.

If you keep thinking you'll wait for the bottom of Bitcoin, you'll always have doubt about the bottom because after every dip, there's always more possibility of the market dipping more and you'll keep telling yourself that you'll buy at the next dip until you miss buying entirely.

I am also of the opinion that DCA can give us the opportunity to get a good average purchase price. It may not be the best compared to what we can get if we wait for the bottom and try to buy everything in one transaction, but how many lucky investors will there be who are able to wait and buy at 15k? If there are, then there will be only a few of them, it is difficult to catch the bottom, and DCA will allow many investors to get a good price if they accumulate bitcoin in a bear market.

That's right, I think with DCA it will make it easier for you to invest. Moreover, it's ideal for those who are beginners, because you don't have to spend a lot of time living there and also maybe it's not too draining to do market analysis. On the other hand, yes, as you said, maybe it's not the best but I think it can be a pretty good solution instead of you wasting a lot of time waiting for the lowest price like $15k, maybe only for those who are lucky who can get that low price in the current condition. As we know the state of the bitcoin price is now experiencing a correction in the range of $25k and the history of movement in the last few months also dominates bullish, so that means it is very unlikely that the price will touch $15k in the next few weeks or months.
Yes it is true, the best seolisi do use DCA, this will be able to minimize losses and will make you calmer from the cruel price fluctuations, so take advantage of it.

I'm pretty sure that those who are waiting for the price of bitcoin to fall are more numerous than those who never buy bitcoin. Because the more the price falls the more they want it to fall and eventually bitcoin bounces and they say it's too high to buy. They are people who are both scared and greedy so they will never buy bitcoin and we should not care or give advice to such people. It's just a waste of our time.

Indeed, with a volatile and almost unpredictable asset like bitcoin, the DCA strategy is the most suitable but it is difficult to understand why so many people are always looking and waiting for the bottom to buy bitcoin but ignore DCA. By using DCA, I am pretty sure we will never miss the bottom of bitcoin.

[cafter]

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.

yes, I am experiencing bear market first time and seen many times, I missed average price because of waiting for a perfect seeing bottom. and now my strategy to buy is DCA (buying every particular time to get an average price)

C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.

I bought bitcoin at it's all time high and now i am terribly in loss, so thinking to buy more at this point($20,000-$25,000) and wait for next all time high to sell at a good profit.

[Blitzboy]

It's obviously not wise to keep waiting for the bottom and don't buy when the market has already taken a plunge, this is why DCA is a very useful method for accumulating cryptocurrencies during the dips because if you buy with everything you have and then the market dips even more, you will regret your decisions, and the same will happen if the market recovers back without going any further declines, you will still feel bad for not buying when the time was right.

If we keep waiting for the bottom, we can't buy any Bitcoin and we'll be filled with regrets when the market starts recovering and we didn't buy any bitcoin. For every dip that happens to the market we should buy Bitcoin based on the spare cash we have available. We don't have to wait until we have very large sum of money before we start buying Bitcoin, we can buy through DCA. DCA make it possible for you not to spend so much money buying Bitcoin when you could buy it cheaper.

If you keep thinking you'll wait for the bottom of Bitcoin, you'll always have doubt about the bottom because after every dip, there's always more possibility of the market dipping more and you'll keep telling yourself that you'll buy at the next dip until you miss buying entirely.

Waiting for the "bottom" is like waiting for the next season of your favorite show—you think it's approaching, but there's always a cliffhanger. I'm all with Bitcoin deals, but if we're always looking for the lowest, we may miss the elevator heading up.

You nailed DCA. Similar to a monthly Bitcoin membership. Instead of worrying about the market's mood swings, let DCA handle it. Indeed, the market will swing between exhilaration and disinterest. The DCA route is steady. So instead of waiting for the stars to align, sprinkle some spare change on Bitcoin occasionally and watch your collection develop.

[Aanuoluwatofunmi]

If you could go there to the speculations board to see how people were giving their own various opinions about bitcoin market sentiment for the next coming months and how there's a very vital achievement investing now on bitcoin that it's dip, such period like this could doubtlessly renders us opportunity for the investment we made before the market begins to rise back as always expected, very soon i know that we are getting closer to $68,000 before we landed at another all time high after halving next year, this will make us to understand more that we are still on dip till this present moment.

[Yatsan]

If you could go there to the speculations board to see how people were giving their own various opinions about bitcoin market sentiment for the next coming months and how there's a very vital achievement investing now on bitcoin that it's dip, such period like this could doubtlessly renders us opportunity for the investment we made before the market begins to rise back as always expected, very soon i know that we are getting closer to $68,000 before we landed at another all time high after halving next year, this will make us to understand more that we are still on dip till this present moment.

Waiting for its actual bottom is a punch to the moon. Once there is a huge volume, the price gets more volatile to both pump and dump. Catching the "tail'" of the price action will never be advisable 'coz it could push through. Much better to pick a price wherein you would be able to endure both upward and downward motion. In such way you won't also worry that you'd miss your desired market price.

Indeed, right now there's a mix of speculations. Some are saying that its market value would fall down 'til $20k but what if it don't? For me entering at $24k-25k would be fair enough for long term hold until bullrun occurs.

[bayu7adi]

Indeed, right now there's a mix of speculations. Some are saying that its market value would fall down 'til $20k but what if it don't? For me entering at $24k-25k would be fair enough for long term hold until bullrun occurs.

Certainly, purchasing Bitcoin now with a view to preparing for the next two years at its current price is an opportune entry point. As long as it hovers around $24k to $25k, this is a favorable position in Bitcoin as preparation for the impending bull run. Utilize any remaining cash to capture Bitcoin at a price of $20k, in case the opportunity arises.

Chances are, there may indeed be a minor price dip to create a substantial rebound, which is likely to occur towards the end of 2024 or the beginning of 2025. This implies that we still have an opportunity to accumulate cash in the event of a minor bearish phase before the bull run unfolds.

[Mauser]

My reason for saying  buy the DIP while waiting for the bottom.

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.
B: Because you will still make profit if you buy the dip
C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.
D: If you are holding for a long term, you don't need to be scared of buying the dip.

thank you for reading my topic.

That is a great summary for anybody that tries to buy the exact bottom in a bear market. I have tried it myself several times in the past and never succeeded, it just seems impossible to find the point in time when all the investor decide that the crisis is over and now it's time to buy again. It involves a lot of research and luck to make the right call and we should be asking ourselves if it's really going to be worth it. The longer we wait for prices to fall to the bottom, the higher the chances that we are going to miss out on the recovery. That is also why DCA became such an interesting method to use for our purchases. Buying fixed amounts of Bitcoin over a long period of time enables us to take advantage during longer bear markets and our average purchase price is still going to be good. I have been buying Bitcoin all throughout 2022 and stuck with the DCA method instead of making one large purchase at the bottom. The advantage is also that I have free money each month that I don’t spend from my salary which I than can invest in cryptos. Spreading out my purchases over a longer period of time takes out a lot of pressure from finding the optimal purchase price and I also don’t have to invest so much time on research.

[bocyaj]

If you could go there to the speculations board to see how people were giving their own various opinions about bitcoin market sentiment for the next coming months and how there's a very vital achievement investing now on bitcoin that it's dip, such period like this could doubtlessly renders us opportunity for the investment we made before the market begins to rise back as always expected, very soon i know that we are getting closer to $68,000 before we landed at another all time high after halving next year, this will make us to understand more that we are still on dip till this present moment.

The bitcoin was at the fourth quarter of this year,So the bull run is all the time during the fourth quarter of the year.The reason is the traders will bag full of assets from the entire year savings.The targeted price of bitcoin in the next bitcoin halves is 68k dollars in 2024.The panic selling should be avoided till the next year first quarter.Most of the experienced people words is the price back to the 68k before the end of first quarter of 2024.So long term holder should hold few months for good profit.

Every dip has it own profit, their is no dip without a profit.  Bitcoin can't be predicted and no one can tell when the bottom can come, sometimes it can be risky to wait for the bottom hit and miss the opportunity of buying during the dips. People think it is only when bitcoin is bought in the bottom that is only time when profit can be made, profit can also be made from the regular dip in the market not just from the bottom alone. The bottom shouldn't be an opportunity to be missed,  but waiting for the bottom to invest and neglecting the dips is not the best.

Some people use the dip on the same day to do the day trading.Because the day traders will earn money in both the bull and bear run.The day traders will do the trading as the full time job.So they buy at the bear market in a same day and sell at minor profit in a same day.When the trade was started at the low price,the profit from the trade will be more then expected.

[tygeade]

That is a great summary for anybody that tries to buy the exact bottom in a bear market. I have tried it myself several times in the past and never succeeded, it just seems impossible to find the point in time when all the investor decide that the crisis is over and now it's time to buy again. It involves a lot of research and luck to make the right call and we should be asking ourselves if it's really going to be worth it. The longer we wait for prices to fall to the bottom, the higher the chances that we are going to miss out on the recovery. That is also why DCA became such an interesting method to use for our purchases. Buying fixed amounts of Bitcoin over a long period of time enables us to take advantage during longer bear markets and our average purchase price is still going to be good. I have been buying Bitcoin all throughout 2022 and stuck with the DCA method instead of making one large purchase at the bottom. The advantage is also that I have free money each month that I don’t spend from my salary which I than can invest in cryptos. Spreading out my purchases over a longer period of time takes out a lot of pressure from finding the optimal purchase price and I also don’t have to invest so much time on research.

Yes this is definitely the issue for so many people, who shouldn't do something like this. I mean it's obvious that it's not going to be that simple and yet some people still end up with these type of mistakes and they wait for too long.

If you wait for too long then you end up missing the point of why you wait and that causes a lot of trouble, I believe that it's not going to be something that will make that much change. I hope that it gets to a point where we end up with a better result. I think the best thing to do in this case would be making sure that we end up buying a bit now, even if you want to wait more, at least buy "some" now so that you would be doing a bit better on the long run and could do a lot better.

[fauzan Ichsan]

That is a great summary for anybody that tries to buy the exact bottom in a bear market. I have tried it myself several times in the past and never succeeded, it just seems impossible to find the point in time when all the investor decide that the crisis is over and now it's time to buy again. It involves a lot of research and luck to make the right call and we should be asking ourselves if it's really going to be worth it. The longer we wait for prices to fall to the bottom, the higher the chances that we are going to miss out on the recovery. That is also why DCA became such an interesting method to use for our purchases. Buying fixed amounts of Bitcoin over a long period of time enables us to take advantage during longer bear markets and our average purchase price is still going to be good. I have been buying Bitcoin all throughout 2022 and stuck with the DCA method instead of making one large purchase at the bottom. The advantage is also that I have free money each month that I don’t spend from my salary which I than can invest in cryptos. Spreading out my purchases over a longer period of time takes out a lot of pressure from finding the optimal purchase price and I also don’t have to invest so much time on research.

Yes this is definitely the issue for so many people, who shouldn't do something like this. I mean it's obvious that it's not going to be that simple and yet some people still end up with these type of mistakes and they wait for too long.

If you wait for too long then you end up missing the point of why you wait and that causes a lot of trouble, I believe that it's not going to be something that will make that much change. I hope that it gets to a point where we end up with a better result. I think the best thing to do in this case would be making sure that we end up buying a bit now, even if you want to wait more, at least buy "some" now so that you would be doing a bit better on the long run and could do a lot better.

The initial goal becomes a benchmark in implementing the strategy that we will carry out. If we plan to make a long-term investment, of course buying now is very profitable, but if we just wait for next season's bull run, that will also be profitable. Don't be afraid to buy just because we are waiting for the lowest price to buy, because no one will know. , unless we buy in stages which is likely to get the lowest price

[Fivestar4everMVP]

Well, it is true, most especially, the last statement, "if you are buying or investing for the long term, you don't need to be scared of buying the deep"..

Very true, atleast, I can say that I have been caught up in the loop op talked about several times, like for example yesterday afternoon I think, I saw Bitcoin at exactly $25,001 and I was going to buy some, but decided to wait a bit because I was sure it would drop below $25,000 in a jiffy, and when next I checked after a couple of hours, I saw Bitcoin at around $25,700.

And the above is not even the worst of such scenarios I've experienced in the past, in 2018/2019, I watched Bitcoin drop from $19,000 to around $3,000 or even lower, then in 2020/2021, I watch the same Bitcoin go from $3,000 to above $69,000, I totally missed the bull run ..

So yeah, it is always a good idea to buy the deep while waiting for bottom.

[bitterguy28]

when is the bottom and how much is the dip?

i believe that when the price is dumping then we need to take that advantage to  buy , and hope that the continues drop will give us more opportunity .

when we are buying , we must understand that there are no way that we can speculate exactly or predict so we must bear  with the system.

[cafter]

when is the bottom and how much is the dip?

OP is talking about waiting for buying on lowest possible price is impossible and because of that we can miss the opportunity to buy in average price or basically, not buying at exact botton but somewhere around bottom.

the emotion cycle goes like this, first the price dumped and you were thinking that "i will buy when price will go further down" but it's goes a little downwards then start to pump when it pump above the previous price you think "i will buy when it will dump second time" but it never happens and price just pump, pump and pump. in last you missed the bottom and average price.
so, "Don't wait for the bottom without buying in the Dip."

[MFahad]

Indeed, it's true that we should sell Bitcoin at a higher price than what we bought it for. However, the market never moves precisely as we predict, and there's no guarantee that Bitcoin's price will follow technical analysis patterns. So, we need to have a strategy in place to ensure our entry points aren't too high. Instead of waiting for the bearish market to conclude and the next pumping moment, timing remains uncertain.

Considering the current bearish market, it's better to employ Dollar-Cost Averaging (DCA) to gradually acquire some Bitcoin using available fiat. If there isn't enough fiat supply, hodling is the only option.

Price movement is not according to our wishes but people always follow the market analysis and they take their decision according to the news which are spreading all around the world. We wish for more profit in the case of which we remains silent in bear market which will be our big mistake.

Learning to take the benefit of specific strategy will be a well suited decision so always try to utilize your strategy on specific timing.  Own some bitcoin until the time gets over and the bitcoins value increases therefore increase price is not a better time to buy bitcoin.

[terrific]

when is the bottom and how much is the dip?

i believe that when the price is dumping then we need to take that advantage to  buy , and hope that the continues drop will give us more opportunity .

when we are buying , we must understand that there are no way that we can speculate exactly or predict so we must bear  with the system.

Only us can determine that if the price that we're about to buy is already low, it may be or may not be the dip as long as you think you deserve it and it's considered a good price. That's what is important to think of.
While the point is to buy during the dip and don't waste any opportunity when you see that. Even we like to buy that when it's come, if the situation isn't in our favor, we can't do anything with that.

[Lorence.xD]

Indeed, it's true that we should sell Bitcoin at a higher price than what we bought it for. However, the market never moves precisely as we predict, and there's no guarantee that Bitcoin's price will follow technical analysis patterns. So, we need to have a strategy in place to ensure our entry points aren't too high. Instead of waiting for the bearish market to conclude and the next pumping moment, timing remains uncertain.

Considering the current bearish market, it's better to employ Dollar-Cost Averaging (DCA) to gradually acquire some Bitcoin using available fiat. If there isn't enough fiat supply, hodling is the only option.

Price movement is not according to our wishes but people always follow the market analysis and they take their decision according to the news which are spreading all around the world. We wish for more profit in the case of which we remains silent in bear market which will be our big mistake.

Learning to take the benefit of specific strategy will be a well suited decision so always try to utilize your strategy on specific timing.  Own some bitcoin until the time gets over and the bitcoins value increases therefore increase price is not a better time to buy bitcoin.

Market's price is really unpredictable so there's no assurance when is the best time to buy and sell, but people could conclude some outcome by the sudden movement of the market's value it's either it has been affected by the following: trends, news, and any updates. In short, you'll need to have another plan incase your technique and strategies did not meet your expectation. DCA is literally the best and safest way in especially in bearist cause you'll have options such as selling and holding you'll just need to wait for the right time.

[Captain Corporate]

Looking at the current price I would say that there is going to be some sort of movement very soon. I think its going to be a bit more active in the near future. I wouldn't be able to say if its going to go up or go down but I can say that its going to be pretty great volatility without a doubt. Why do I think that? Well to main reasons, it looks like its more volatile already but between smaller amounts, if you look at it, you will see even if its just 100 dollars, it goes up and down a lot more frequently. Secondly, I think it has been staying too still around the same prices for way too long, which could be a reason for it to start moving again since traders will want that to happen soon.

[Ever-young]

This your thread reminds me of a friend whom I have known for a long period of time now, who have believed that Bitcoin and one other altcoin which I can not recall correctly will fall back down to as low as bitcoin in $10,000 and below, and that’s the time that he have calculated to start making his accumulation which I admire his passion and zee, because it’s not easy to live in a world of illusion, as those his dream might never come to reality until he grow some gray hair.

Your thread is as simple as, this is just what someone need to be doing in other not to ever be left out when we see a price increase, No one know it all especially when it comes to bitcoin price prediction we can never be too correct most times, our prediction on when price will drop might ends up failing us which will keep on in a state of regret, buying bit by bit as time goes on is the goal and that the only way which I believe someone will never happen to regret their buying/waiting action.

[BVeyron]

Maybe this is just my own clap of hand to seek a small attention from every Bitcoin Investor, precisely for new Bitcoin Investor because I know that most the experienced investors already knows better than I do, I guess so. Not to say more or less, I just know that this concerns us all.

I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.

I know one day I will look at my portfolio and I will be happy for Investing in Bitcoin.

Like I said that this is just a clap of hands to call our attention because I know it concerns us that we need to buy the dip, even if we are waiting for the bottom, but you can still buy the dip and keep it in your portfolio, because Bitcoin price just don't fall in the hands of any man or authority to control. you can be waiting for the bottom and the price of Bitcoin will just begine to go bullish again.

My reason for saying  buy the DIP while waiting for the bottom.

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.
B: Because you will still make profit if you buy the dip
C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.
D: If you are holding for a long term, you don't need to be scared of buying the dip.

thank you for reading my topic.

Actually BTC is suitable for long-term hodl, so all the market fluctuations are actually interesting only for those who try to get a short-term profit out of price leaps. In general, trading in this way is like gambling: some people know some tricks, but there is always a chance to lose money even if the gambler is quite experienced. As for long-term, I think that risks are not so high... At least during this stage of adoption process. The other thing is to withdraw crypto money wisely: in accordance with real needs.

[qwertyup23]

If the OP looks at the current Bitcoin (BTC) price movement, yes, it can be said to be a bit boring and on the other hand the effect makes many investors still wary of further declines. Well, I tried at Point D only. this is the safest and most comfortable in my opinion. My reason is because if someone buys current for long term hodling this is not a problem which means for him. Precisely those who want to take a new entry should think further and if there are investors who feel uncomfortable with the fluctuations in the crypto market, then they might consider taking a break first while staying informed of course.

I do recommend people to purchase BTC as soon as they discovered its existence.

From basing it purely on its price history index, the trend of its price is increasing. Even if there are occasional dips, the trend still remains upwards due to its inflationary nature. Given that the fork is coming, it is highly recommended for everyone to stock BTCs in order to take advantage of its sudden price increase on the future.

Though this may be the case, always consider your investments as something that should be protected. Even if this is the case for BTCs, investments are not "magic" that can give you a guaranteed profit.

[Ziskinberg]

Looking at the current price I would say that there is going to be some sort of movement very soon. I think its going to be a bit more active in the near future. I wouldn't be able to say if its going to go up or go down but I can say that its going to be pretty great volatility without a doubt. Why do I think that? Well to main reasons, it looks like its more volatile already but between smaller amounts, if you look at it, you will see even if its just 100 dollars, it goes up and down a lot more frequently. Secondly, I think it has been staying too still around the same prices for way too long, which could be a reason for it to start moving again since traders will want that to happen soon.

Yes, despite the current situation, I can't still say that we are in the bear season. However, it causes some panic in others which makes the price stay long.
But I see this as an opportunity to accumulate more while waiting for the recovery. This year seems to be not a good year for crypto but next year will be somewhat be good as halving is expected to happen. We may not see the price rise instantly but for sure the market will turn bullish when the time has come, yet we never know when. However, if we could just wait, certainly wasn't regretting.

[goldkingcoiner]

While I agree that only one can never precisely guess where the bottom will be, one can guess when the dip or pump is coming to an end. And if one knows this, one also knows that anything that goes up must come down. And the reverse is also true. Buying at what you consider to be the bottom can be a good strategy, if you have the necessary experience and self-discipline. Although personally, I divide my money up and buy at each bottom. That way you gain some of the advantages of a good DCA strategy and divide up your risks.

It has worked for me quite well. Although I cannot say that it will work forever. At some point even I could take a miss-step and lose money.

Do what feels most comfortable to you. I am not here to advise on trading strategies or financials.

[serjent05]

Looking at the current price I would say that there is going to be some sort of movement very soon. I think its going to be a bit more active in the near future. I wouldn't be able to say if its going to go up or go down but I can say that its going to be pretty great volatility without a doubt. Why do I think that? Well to main reasons, it looks like its more volatile already but between smaller amounts, if you look at it, you will see even if its just 100 dollars, it goes up and down a lot more frequently. Secondly, I think it has been staying too still around the same prices for way too long, which could be a reason for it to start moving again since traders will want that to happen soon.

Yes, despite the current situation, I can't still say that we are in the bear season. However, it causes some panic in others which makes the price stay long.
But I see this as an opportunity to accumulate more while waiting for the recovery. This year seems to be not a good year for crypto but next year will be somewhat good as halving is expected to happen. We may not see the price rise instantly but for sure the market will turn bullish when the time has come, yet we never know when. However, if we could just wait, certainly wasn't regretting.

In trading bear market is the time to accumulate.  We all know the bear market is a time when the sentiments of people are not favorable to the market.  It is the time when the price is plummeting and people tend to sell.  If we have the funds, it is best to take advantage of these dumps.  Since we are talking about Bitcoin here, it is proven that after the Bitcoin bear market, the bull run market will follow where the demand keeps flocking in and the Bitcoin market sentiment is very positive.  So accumulating during the bear market will simply give us more profit when the Bitcoin price starts to uptrend.

[Blitzboy]

While I agree that only one can never precisely guess where the bottom will be, one can guess when the dip or pump is coming to an end. And if one knows this, one also knows that anything that goes up must come down. And the reverse is also true. Buying at what you consider to be the bottom can be a good strategy, if you have the necessary experience and self-discipline. Although personally, I divide my money up and buy at each bottom. That way you gain some of the advantages of a good DCA strategy and divide up your risks.

It has worked for me quite well. Although I cannot say that it will work forever. At some point even I could take a miss-step and lose money.

Do what feels most comfortable to you. I am not here to advise on trading strategies or financials.

Your plan for buying seems to be working out great. Its like building a sculpture piece by piece without overwhelming any part. Your plan is a mix of what you know and what you think you should do. Bitcoin can blow any direction at any time, like the wind. Remember that past success doesnt guarantee future success. The crypto world rarely sees growth like your recognition of possible faults. I admire that you dont preach here. Sharing experiences without telling others what to do is a welcome change

[Hypnosis00]

While I agree that only one can never precisely guess where the bottom will be, one can guess when the dip or pump is coming to an end. And if one knows this, one also knows that anything that goes up must come down. And the reverse is also true. Buying at what you consider to be the bottom can be a good strategy, if you have the necessary experience and self-discipline. Although personally, I divide my money up and buy at each bottom. That way you gain some of the advantages of a good DCA strategy and divide up your risks.

It has worked for me quite well. Although I cannot say that it will work forever. At some point even I could take a miss-step and lose money.

Do what feels most comfortable to you. I am not here to advise on trading strategies or financials.

Your plan for buying seems to be working out great. Its like building a sculpture piece by piece without overwhelming any part. Your plan is a mix of what you know and what you think you should do. Bitcoin can blow any direction at any time, like the wind. Remember that past success doesnt guarantee future success. The crypto world rarely sees growth like your recognition of possible faults. I admire that you dont preach here. Sharing experiences without telling others what to do is a welcome change

Well, it is pretty clear that the final decision is in our hands whether we invest or not. It is not a question of when to buy but the question is if we are really prepared for the next thing that happens in crypto because until now, the direction of the market is unclear.
Of course, I use my strategy that worked already but can't assume that it will work for others because of some points - differed from making decisions and level of market understanding. I would agree that it was not necessary to urge people to invest but to give them a hint is enough, and it's up to them to decide.

[Fara Chan]

when is the bottom and how much is the dip?

i believe that when the price is dumping then we need to take that advantage to  buy , and hope that the continues drop will give us more opportunity .

when we are buying , we must understand that there are no way that we can speculate exactly or predict so we must bear  with the system.

It is a must to be patient when we buy at low prices or when a decline is occurring. Because if someone is not patient enough when buying Bitcoin or something, he may not get anything and it would be better for him not to buy anything. Because people who have made the decision to buy at a low price are people who are very prepared for everything that will happen in the market and logically being patient is something that must be included in themselves when they decide to buy at a low price.

[Patrol69]

The market did not grow as we expected. We expected the Bitcoin market to be between $50K and $60K in mid 2023 to late 2023 but so far the market is under $30K. We have already crossed the middle period of 2023. Now we are at the end of 2023. The time left to the end of 2023 is that the market will grow a lot only then our expectations will be fulfilled. Looking at the market movement, it seems that the market may move to a good position very slowly. If the market slowly moves higher then we will have to wait some more time for the market to reach $40K to $50K. If we wait we will surely get something good.

[Ale88]

The market did not grow as we expected. We expected the Bitcoin market to be between $50K and $60K in mid 2023 to late 2023 but so far the market is under $30K. We have already crossed the middle period of 2023. Now we are at the end of 2023. The time left to the end of 2023 is that the market will grow a lot only then our expectations will be fulfilled. Looking at the market movement, it seems that the market may move to a good position very slowly. If the market slowly moves higher then we will have to wait some more time for the market to reach $40K to $50K. If we wait we will surely get something good.

September usually is never a good month for bitcoin, I don't really care about today's value, let's see how we end the year: if in the next months will reach $35-40k for me it would be a great result, and anyway let's not forget that the most interesting part will come in 2024 and 2025, this is just a transaction year.

[Bitcoin_people]

I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.

Many scholars have previously researched and considered the Bitcoin market in particular. By the end of the year Bitcoin had a chance to stay close to $60k but it turned out differently. Although this admission has come down to a much lower price, earlier when the Bitcoin market was above $30,000, it was predicted that Bitcoin would soon approach $40,000. But that was no longer possible but since then the market condition gradually worsened and the market crashed downwards. Right now bitcoin market is $26000 dollars so if we don't choose it for investment then definitely profit is possible. I think now is the right time for it and the best and wisest thing to do is to invest now and hold and wait until the bull market.

[TelolettOm]

September usually is never a good month for bitcoin, I don't really care about today's value, let's see how we end the year: if in the next months will reach $35-40k for me it would be a great result, and anyway let's not forget that the most interesting part will come in 2024 and 2025, this is just a transaction year.

It is still in the middle of September, not sure whether the market still goes without a significant move. But so far, I agree that September isn't a good time for Bitcoin and altcoins as a whole. Almost all crypto coins are difficult to increase during this month, it is probably because we have some bad news lately. The issue related to the intervention and accusations of SEC to some crypto platforms, make investors to feel a bit worried. If this news never ends, it is difficult for BTC to rise above $30k again.

I also expect the price of Bitcoin can be around $35k-$40k in the next 3 months. We are actually not very far from BTC halving, but the price still looks hard to increase. I sometimes think that it is because many whales still want to buy more.

[serjent05]

If the OP looks at the current Bitcoin (BTC) price movement, yes, it can be said to be a bit boring and on the other hand the effect makes many investors still wary of further declines. Well, I tried at Point D only. this is the safest and most comfortable in my opinion. My reason is because if someone buys current for long term hodling this is not a problem which means for him. Precisely those who want to take a new entry should think further and if there are investors who feel uncomfortable with the fluctuations in the crypto market, then they might consider taking a break first while staying informed of course.

I do recommend people to purchase BTC as soon as they discovered its existence.

I would suggest that they must learn and understand about the market.  This way the can't easily sell their holding.  They won't be particiatingi n an activity where Bitcoin is being dumb because of lack of belief.

From basing it purely on its price history index, the trend of its price is increasing. Even if there are occasional dips, the trend still remains upwards due to its inflationary nature. Given that the fork is coming, it is highly recommended for everyone to stock BTCs in order to take advantage of its sudden price increase on the future.

Though this may be the case, always consider your investments as something that should be protected. Even if this is the case for BTCs, investments are not "magic" that can give you a guaranteed profit.

I agree that Bitcoin is still in an uptrend when the chart history is zoomed out.  But we shoud not deny the fact that diamonds have kept the market away from frequent crashes because this people are the believer of BTC and will hold them even though there is a lot of FUD lurking around the market.

So with an uptrending market, we must take advantage of it to gain profit from our investments.

[usekevin]

The history of the bitcoin had play huge role in the game,the experienced players will use holding steps at the bear market.The buying price of the bitcoin was important one in the trading.The traders will hold the bitcoin to take advantages at the time of the bull run.The bitcoin holing wallet after buying can be used with some security features.The bitcoin had the capacity to give the profit of 100 percentage from their investment.So now it’s good coin to inverse your money in the bitcoin as compared to other trusted coin

[MFahad]

Market's price is really unpredictable so there's no assurance when is the best time to buy and sell, but people could conclude some outcome by the sudden movement of the market's value it's either it has been affected by the following: trends, news, and any updates. In short, you'll need to have another plan incase your technique and strategies did not meet your expectation. DCA is literally the best and safest way in especially in bearist cause you'll have options such as selling and holding you'll just need to wait for the right time.

The market movement of crypto is always sudden but sudden decision are forbidden during such situations. The main cause is supply and demand which is regularly changing based on news so whenever more people wish to accept crypto then market will boost otherwise it will remain lower and desire of people is depened on the news.
 
The Bull run is not so longer as that of bearish one so as more you wait more you will be profitable because success takes time. Instead of crying during bear market it is necessary to wait for the better movement of market because with crying neither you can avoid loss nor you can get profit but with patience you can control your emotions so avoid crying and accepting patience if you want victory.

[milewilda]

Market's price is really unpredictable so there's no assurance when is the best time to buy and sell, but people could conclude some outcome by the sudden movement of the market's value it's either it has been affected by the following: trends, news, and any updates. In short, you'll need to have another plan incase your technique and strategies did not meet your expectation. DCA is literally the best and safest way in especially in bearist cause you'll have options such as selling and holding you'll just need to wait for the right time.

The market movement of crypto is always sudden but sudden decision are forbidden during such situations. The main cause is supply and demand which is regularly changing based on news so whenever more people wish to accept crypto then market will boost otherwise it will remain lower and desire of people is depened on the news.
 
The Bull run is not so longer as that of bearish one so as more you wait more you will be profitable because success takes time. Instead of crying during bear market it is necessary to wait for the better movement of market because with crying neither you can avoid loss nor you can get profit but with patience you can control your emotions so avoid crying and accepting patience if you want victory.

Market does have those probabilities of movements which either bearish or bullish on which it would really be that impossible that it would really be just moving in a single path and this is why it would really be that wise on making out such move on the time that you would really be that doing such accumulation. Chasing up the bottom or trying to hunt those numbers isnt something new because people would really be finding out ways
or having those intents on chasing up those bottoms and this is why we do keep on waiting even its already that too delusional like those 10k bearboys and now the price had made out some recovery then this would
really be leading up the emotion that you had missed out such thing and this is why it would really be that wise or better that you should be taking up the consideration on buying into those low price because
making profits does really need up that risks taking thing.

[serjent05]

Market's price is really unpredictable so there's no assurance when is the best time to buy and sell, but people could conclude some outcome by the sudden movement of the market's value it's either it has been affected by the following: trends, news, and any updates. In short, you'll need to have another plan incase your technique and strategies did not meet your expectation. DCA is literally the best and safest way in especially in bearist cause you'll have options such as selling and holding you'll just need to wait for the right time.

The market movement of crypto is always sudden but sudden decision are forbidden during such situations. The main cause is supply and demand which is regularly changing based on news so whenever more people wish to accept crypto then market will boost otherwise it will remain lower and desire of people is depened on the news.

Since the crypto market is in an open market, they are highly volatile due to supply and demand where the demand is affected by the market sentiments and the manipulation of people who have huge amounts of funds and coins. As the sentiments is affected by news, many people who want to influence the Bitcoin market often exaggerate news and create FUDS or Hypes that make the value of Bitcoin to have a high fluctuation.

The Bull run is not so longer as that of bearish one so as more you wait more you will be profitable because success takes time. Instead of crying during bear market it is necessary to wait for the better movement of market because with crying neither you can avoid loss nor you can get profit but with patience you can control your emotions so avoid crying and accepting patience if you want victory.

First in order to not be affected by the bearish situation, one must have a good knowledge about the Bitcoin market.  With the knowledge of the history of Bitcoin price, people will know that Bitcoin has the ability to recover thus, holders will keep on holding and newcomers with the bitcoin market knowledge will not succumb to FUD.  Instead, they wil buy every dip so that they can have a better profit when the Bitcoin market recovers.

[Stable090]

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.

When the market is dip, it’s better to just buy and hold. If you are waiting for the market to reach the bottom, then you are getting everything wrong, nobody knows how low the market will go, and you will never know when the bottom has been hit. Sometimes the bottom will have been hit, but you will still keep on waiting for more dip, but the market will change direction and you will miss the opportunity. So the best thing is to just do your analysis. When you think it’s a good entry price, just buy and hold.

B: Because you will still make profit if you buy the dip

People are not always satisfied with the profit they make, that’s why they always prefer to buy at the lowest price to maximise their profits. But sometimes we just have to be satisfied with the little profit we make, or we might end up losing everything.

C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.

Some investors bought bitcoin at its all-time high, and they are still holding even as bitcoin is down. They still have confidence and believe that bitcoin will bounce back and go higher than the price at which they bought it, so people who are buying bitcoin currently are not supposed to even panic about the dip.

[Pierre 2]

While I agree that only one can never precisely guess where the bottom will be, one can guess when the dip or pump is coming to an end. And if one knows this, one also knows that anything that goes up must come down. And the reverse is also true. Buying at what you consider to be the bottom can be a good strategy, if you have the necessary experience and self-discipline. Although personally, I divide my money up and buy at each bottom. That way you gain some of the advantages of a good DCA strategy and divide up your risks.

It has worked for me quite well. Although I cannot say that it will work forever. At some point even I could take a miss-step and lose money.

Do what feels most comfortable to you. I am not here to advise on trading strategies or financials.

Well obviously you are right, one experienced Bitcoiner hanging out in Bitcointalk forums can guess exact dip levels to maximize their gains. But it will always be risky. As you say, one can lose money but with OP's method, buying at different dip levels will minimize your losses for sure. In the end it's all about making your overall cost lower. Exact dip may be 20k but buying around 23k with %5-10 of your money will never hurt your wallet. If it goes down more you can keep accumulating.

[HONDACD125]

Well obviously you are right, one experienced Bitcoiner hanging out in Bitcointalk forums can guess exact dip levels to maximize their gains. But it will always be risky. As you say, one can lose money but with OP's method, buying at different dip levels will minimize your losses for sure. In the end it's all about making your overall cost lower. Exact dip may be 20k but buying around 23k with %5-10 of your money will never hurt your wallet. If it goes down more you can keep accumulating.

I think buying on every dip in the crypto currency market is the best strategy. The main reason for this is that if you have bought at a higher price, you can improve your average by buying further below,but your point is correct that there should be a correct estimate for this too. The purpose of dip is not that if the price goes down even a little, you should buy immediately, but there should be a proper gap between the first purchase and the second purchase.


This also requires experience and knowledge so that you can improve your average with each dip and minimize losses.It is the best investment to shop at every suitable and accurate dip.However, no matter how much the market falls, we should take advantage of this falling market because no one knows at what point the market will start to recover,and on every crash we should keep accumulating crypto currency. All experienced and expert investors always buy through DCA.

[MFahad]

First in order to not be affected by the bearish situation, one must have a good knowledge about the Bitcoin market.  With the knowledge of the history of Bitcoin price, people will know that Bitcoin has the ability to recover thus, holders will keep on holding and newcomers with the bitcoin market knowledge will not succumb to FUD.  Instead, they wil buy every dip so that they can have a better profit when the Bitcoin market recovers.

Those people will be able to take the winnings who has firm believe and should notice the nature of bitcoin. Fear in heart can cause a missing of lucky occasion because you will sell your bitcoin at lower price and will not wait for booming worth.

I don't understand that people quickly trust in negative news but they don't believe about the recovering characteristic of bitcoin. People who are afraid of lossing money and don't invest a single penny because they imagine that through investment they can become poor always remain poor because they never become able to take benefit of investment choices.

Why people are not waiting and quickly sell their Assets even they have risk? Are they not familiar about the Fluctuations or they are in doubt about their abilities to be rewarded? If they don't know the word Fluctuations then investment is not for them. they should accept another way because for victory you have to acknowledge volatility and should go according to it.

[Baki202]

The market did not grow as we expected. We expected the Bitcoin market to be between $50K and $60K in mid 2023 to late 2023 but so far the market is under $30K. We have already crossed the middle period of 2023. Now we are at the end of 2023. The time left to the end of 2023 is that the market will grow a lot only then our expectations will be fulfilled. Looking at the market movement, it seems that the market may move to a good position very slowly. If the market slowly moves higher then we will have to wait some more time for the market to reach $40K to $50K. If we wait we will surely get something good.

you can not predict the bitcoin price even people who cashed out during the last bull run never expected it and no one expected bitcoin at this price either, I see a lot of speculation about the price of bitcoin, some are predicting it to hit a 100k, and from peoples comment a lot of people did not expect much from bitcoin this season, I don't think the price of bitcoin will go above 30k this year you see it going up and the next thing you see the candle stick coming down. next year it might get better and the improvement might be crazy.

[eightdots]

I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.



Like I said that this is just a clap of hands to call our attention because I know it concerns us that we need to buy the dip, even if we are waiting for the bottom, but you can still buy the dip and keep it in your portfolio, because Bitcoin price just don't fall in the hands of any man or authority to control. you can be waiting for the bottom and the price of Bitcoin will just begine to go bullish again.

Bitcoin price remained below expectations, but there is always the possibility that Bitcoin will rise quickly. It is necessary to follow the market. Sometimes there may be an instantaneous movement according to the news, but this movement in price is not permanent. There is a possibility that there will be a small movement at the end of this year, but if this movement occurs, I do not think it will be permanent.

Every investor has a price set for the purchase. That's why every investor determines his own bottom price. I think it is a mistake to expect to buy Bitcoin from the bottom. Because it is very difficult to achieve this. If the Bitcoin price rises while you are waiting for the bottom price, you will miss the price you expected.

[Blitzboy]

I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.



Like I said that this is just a clap of hands to call our attention because I know it concerns us that we need to buy the dip, even if we are waiting for the bottom, but you can still buy the dip and keep it in your portfolio, because Bitcoin price just don't fall in the hands of any man or authority to control. you can be waiting for the bottom and the price of Bitcoin will just begine to go bullish again.

Bitcoin price remained below expectations, but there is always the possibility that Bitcoin will rise quickly. It is necessary to follow the market. Sometimes there may be an instantaneous movement according to the news, but this movement in price is not permanent. There is a possibility that there will be a small movement at the end of this year, but if this movement occurs, I do not think it will be permanent.

Every investor has a price set for the purchase. That's why every investor determines his own bottom price. I think it is a mistake to expect to buy Bitcoin from the bottom. Because it is very difficult to achieve this. If the Bitcoin price rises while you are waiting for the bottom price, you will miss the price you expected.

Sometimes, you're right; we see those rapid, news-driven price spikes. But as you pointed out, they often dont last. Now, here's the thing. Everyone has their magic number, their "bottom price." But you're so right in saying that waiting for that elusive bottom can be a gamble.

If everyone's trying to play the same waiting game, you might end up waiting forever. And if you're waiting, and Im waiting, and she's waiting, who's really buying? If all of us waited for the bottom price, would it ever really come?

My two cents? Stay informed, be vigilant, but also be ready to adapt your strategy. After all, in the volatile world of Bitcoin, nothing's set in stone.

[KiaKia]

Because it has happened in the past, people are waiting for a big dump before they start investing, they don't know that adoption gets better in time, 15k may be the bottom for Bitcoin and even if there will be a dump the lowest possible is Bitcoin retesting 15k, I am not going to accept that history will repeat itself, but it's not wrong to be prepared.

Everyone is free to play the waiting game but not me, there is a very big chance that lower range maybe back to $10,000 is impossible, but yes it's a good strategy to make people believe that the market will dump very hard because the same thing happened in 2020.

If anyone is listening, it's better to get prepared for any possibility, this is how you won't miss any opportunity with crypto, I am done and tired of trying to see the future, prediction isn't cutting it for me, because no one knows what will happen tomorrow and I am not ready to lose a big opportunity.

[Rockstarguy]

The market did not grow as we expected. We expected the Bitcoin market to be between $50K and $60K in mid 2023 to late 2023 but so far the market is under $30K. We have already crossed the middle period of 2023. Now we are at the end of 2023. The time left to the end of 2023 is that the market will grow a lot only then our expectations will be fulfilled. Looking at the market movement, it seems that the market may move to a good position very slowly. If the market slowly moves higher then we will have to wait some more time for the market to reach $40K to $50K. If we wait we will surely get something good.

you can not predict the bitcoin price even people who cashed out during the last bull run never expected it and no one expected bitcoin at this price either, I see a lot of speculation about the price of bitcoin, some are predicting it to hit a 100k, and from peoples comment a lot of people did not expect much from bitcoin this season, I don't think the price of bitcoin will go above 30k this year you see it going up and the next thing you see the candle stick coming down. next year it might get better and the improvement might be crazy.

Many thought that bitcoin price by this time will get to $40 by this time, and thus has been the mistake that most people do make to predict the price of bitcoin. People just need to stop speculating and invest in bitcoin because predicting the price of bitcoin can affect plan of investment or an ongoing investment.

One of the best way to invest in bitcoin is never to predict the price and invest, bitcoin price is unpredictable it is just better to invest and not to bordered when the bull will come.

[Aanuoluwatofunmi]

The market did not grow as we expected. We expected the Bitcoin market to be between $50K and $60K in mid 2023 to late 2023 but so far the market is under $30K. We have already crossed the middle period of 2023. Now we are at the end of 2023. The time left to the end of 2023 is that the market will grow a lot only then our expectations will be fulfilled. Looking at the market movement, it seems that the market may move to a good position very slowly. If the market slowly moves higher then we will have to wait some more time for the market to reach $40K to $50K. If we wait we will surely get something good.

you can not predict the bitcoin price even people who cashed out during the last bull run never expected it and no one expected bitcoin at this price either, I see a lot of speculation about the price of bitcoin, some are predicting it to hit a 100k, and from peoples comment a lot of people did not expect much from bitcoin this season, I don't think the price of bitcoin will go above 30k this year you see it going up and the next thing you see the candle stick coming down. next year it might get better and the improvement might be crazy.

It's true that bitcoin price cannot be predicted, but one of the reasons why we also speculate to show ourselves approved of knowing about the possible outcomes in some cases while using different indications is to perceive such changes or moves on the bitcoin market wether it goes dip or surge higher depending on the current market status, we never expected to have upto $50,000 sooner, but this may come along the lines maybe towards the end of the year or early next year to preceeds the halving.

[BVeyron]

Maybe this is just my own clap of hand to seek a small attention from every Bitcoin Investor, precisely for new Bitcoin Investor because I know that most the experienced investors already knows better than I do, I guess so. Not to say more or less, I just know that this concerns us all.

I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.

I know one day I will look at my portfolio and I will be happy for Investing in Bitcoin.

Like I said that this is just a clap of hands to call our attention because I know it concerns us that we need to buy the dip, even if we are waiting for the bottom, but you can still buy the dip and keep it in your portfolio, because Bitcoin price just don't fall in the hands of any man or authority to control. you can be waiting for the bottom and the price of Bitcoin will just begine to go bullish again.

My reason for saying  buy the DIP while waiting for the bottom.

A; you may be waiting for the bottom and the market will recover so quickly than you less expect.
B: Because you will still make profit if you buy the dip
C: because there were even investor who bought at a higher price and you have a better opportunity to buy the dip.
D: If you are holding for a long term, you don't need to be scared of buying the dip.

thank you for reading my topic.

That's correct, btc is a good thing for long-term hodling, and, I think, it can bring hodlers some profit in a couple of years. So, for long-term hodling it doesn't matter what the cost of buying was. The most important thing in long-term hodling is the amount of money that an investor is able to invest: some people have great expectations and invest nearly all the "excess" money they have, this leads up to ruined expectations, which are often accompanied by urgent needs to withdraw money with huge losses due to price fluctuations and fees. Other investors, however, spend not so much money on crypto, and then they are unable to get a good profit even out of a long-term game...