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

[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.

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[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.