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.

[1714612736]

1714612736

[1714612736]

1714612736

[1714612736]

1714612736

[1714612736]

1714612736

[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.