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

[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.

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[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...