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Author Topic: Don't wait for the bottom without buying in the Dip.  (Read 1009 times)
Baki202
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October 03, 2023, 07:58:10 PM
 #161

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.

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October 03, 2023, 09:37:13 PM
 #162

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.

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October 04, 2023, 11:32:00 AM
 #163

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.

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October 04, 2023, 01:04:45 PM
 #164

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.
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October 04, 2023, 06:02:57 PM
 #165

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.

R


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October 04, 2023, 07:40:33 PM
 #166

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.

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October 04, 2023, 08:18:31 PM
 #167

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...

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