Now is the best time to buy the dip and HODL

[Taskford]

Btc price has dip below 60k, and most investors who may be wondering when best to buy the dip I think now is the time to buy the dip. it may not dip below this anymore. I know it fell to $56k but I urge people to buy more now before it rise again.

What if it gets dipper than this in some weeks or months time? The truth is that, you can never be so sure of the dip, so you need to employ the DCA method in order not to lose in some opportunities like this. No one knows how dip the market can be but we all hope to buy more at the dips in order to have more savings in our portfolios. The market have dip several times and we have also wanted the market to dip than this but the truth of the matter is that, no one can tell when it will experience the dip again after an opportunity has passed by.

Well you should not worry about the dip if your plan is to hodl since whatever price came up then its the best time for you to buy again. Other people think that they do a bad decision for not waiting for some few hour or days that's why they fail since this people got discourage for seeing that there's more dump happen and they lose a value for their bitcoins bought. They need to remember that if there plan is for long term then there's nothing to worry on those situation. Since they can accumulate more so they can increase their investment and hopefully in future the price pump they could able to earn a lot of money especially if bitcoin will hit another bull run season and we can see a great price achieve especially if the price would able to reach at six digits in figures.

[legendbtc]

Btc price has dip below 60k, and most investors who may be wondering when best to buy the dip I think now is the time to buy the dip. it may not dip below this anymore. I know it fell to $56k but I urge people to buy more now before it rise again.

What if it gets dipper than this in some weeks or months time? The truth is that, you can never be so sure of the dip, so you need to employ the DCA method in order not to lose in some opportunities like this. No one knows how dip the market can be but we all hope to buy more at the dips in order to have more savings in our portfolios. The market have dip several times and we have also wanted the market to dip than this but the truth of the matter is that, no one can tell when it will experience the dip again after an opportunity has passed by.

Well you should not worry about the dip if your plan is to hodl since whatever price came up then its the best time for you to buy again. Other people think that they do a bad decision for not waiting for some few hour or days that's why they fail since this people got discourage for seeing that there's more dump happen and they lose a value for their bitcoins bought. They need to remember that if there plan is for long term then there's nothing to worry on those situation. Since they can accumulate more so they can increase their investment and hopefully in future the price pump they could able to earn a lot of money especially if bitcoin will hit another bull run season and we can see a great price achieve especially if the price would able to reach at six digits in figures.

Or the opposite can also happen, if we bargain too much and wait for bitcoin to fall a lot before buying but if bitcoin bounces up instead of falling further, what will we do next? Bitcoin is unpredictable, so invest when we are ready, don't bargain with the market because no one can know whether it will continue to increase or continue to decrease after we buy.

Also, whether we buy at $60k or $56k won't make too much of a difference if we are long-term holders. If we bargain and hesitate just a few %, and miss the opportunity to buy cheap bitcoin as well as the upcoming big price increase, is it worth the trade-off?

Let's invest in bitcoin with a ready and positive mindset, don't be too negative thinking that if we buy it and it drops in price soon after and we will lose money. If we think negatively like that, we will never buy bitcoin and miss many opportunities to change our lives with bitcoin.

[EarnOnVictor]

Btc price has dip below 60k, and most investors who may be wondering when best to buy the dip I think now is the time to buy the dip. it may not dip below this anymore. I know it fell to $56k but I urge people to buy more now before it rise again.

Thank you for this and judging by the time of the creation of this topic with what Bitcoin is doing now, I would say that you had it coming. It's a well-known fact that Bitcoin seldom moves below $60,000, not to mention the fact that it almost hit $56,000 in the last bearish correction. Any time it moves below the level and also has the opportunity to show some bullish pattern is the right time to buy indeed. This time, it was the FOMC meeting minutes of last week that helped it before the many news of Friday added to it.

Regardless, Bitcoin is moving higher and higher and sitting above the $60,000 psychological level means a whole lot to the coin and its investors. This may attract a more positive outlook to it for the time being. Although there are many hurdles to be faced by the coin on the bullish path even as I am sure it will indeed struggle to get to its current ATH. Let's see how things unfold, but if it can't breach $67,629 upwards, it could become another issue for it.

[Marvell1]

Btc price has dip below 60k, and most investors who may be wondering when best to buy the dip I think now is the time to buy the dip. it may not dip below this anymore. I know it fell to $56k but I urge people to buy more now before it rise again.

What if it gets dipper than this in some weeks or months time? The truth is that, you can never be so sure of the dip, so you need to employ the DCA method in order not to lose in some opportunities like this. No one knows how dip the market can be but we all hope to buy more at the dips in order to have more savings in our portfolios. The market have dip several times and we have also wanted the market to dip than this but the truth of the matter is that, no one can tell when it will experience the dip again after an opportunity has passed by.

Nothing will happen if after you buy bitcoin and its price drops even more as long as you haven't sold your bitcoin. DCA is a great strategy but there is nothing wrong if someone wants to buy 1 shot after bitcoin has corrected quite a bit. Currently bitcoin is trading at over 63 thousand USD, those who hesitated and waited for a cheaper price to buy will have to buy at a higher price 2 days ago.

I also don't guarantee that bitcoin won't fall again, but I'm pretty sure that we are very close to the bottom for this correction, so now can also be called a good time to buy bitcoin and hold It's because the market can recover at any time.

And even if the price of Bitcoin falls further, as long as you don't sell it, it's still a good move. There are always people who think that when the price of Bitcoin is going down, then they think that it is the right choice to buy it. In my opinion, the right time to buy is when you have money and buy it without delay as long as the price is well below your desired target price and hold it for the long term.
Bitcoin price is not easy to predict and as everyone says, DCA is a good option for Bitcoin and holding it for the long term.

And I think what's happening with Bitcoin is a healthy correction that won't last long, which is actually our opportunity to buy at the right time and also the right time to increase DCA purchases during the correction and hold it for the long term, and besides that I think This healthy correction that occurs in Bitcoin will continue to occur in the next few months, therefore make the best use of it to continue collecting Bitcoin to the best of your ability.

Indeed, this is a healthy correction after bitcoin increased in price and made a new ATH before the halving, but somehow many people are afraid of this correction and they even fear it will decrease further. We just need to remember that the bear season is over and we are in the bull season, the price correction is an opportunity to accumulate, not a time to panic and hesitate to buy. In a bear market there will also be times when bitcoin recovers and conversely in a bull market there will be times when bitcoin corrects, all of which are healthy corrections and opportunities to buy. Instead of thinking that bitcoin will correct more, why not think about the scenario where it will suddenly rebound?

[Odohu]

Well you should not worry about the dip if your plan is to hodl since whatever price came up then its the best time for you to buy again. Other people think that they do a bad decision for not waiting for some few hour or days that's why they fail since this people got discourage for seeing that there's more dump happen and they lose a value for their bitcoins bought. They need to remember that if there plan is for long term then there's nothing to worry on those situation. Since they can accumulate more so they can increase their investment and hopefully in future the price pump they could able to earn a lot of money especially if bitcoin will hit another bull run season and we can see a great price achieve especially if the price would able to reach at six digits in figures.

Your position aligns with my style of buying. I don't worry about the dip since I'm going for long term, every entry within this stage is still perfect because I believe Bitcoin will be approaching $100k in the new future. I use the DCA method mostly but when I have extra cash, I do still consider buying the dips and when such times comes, I don't think twice about it because the price of Bitcoin is below $100k and I consider that a fair deal. Some people make buying the dip look so complicated because they want to enter at the perfect lowest point which is very difficult to determine. I don't subscribe to this idea of perfect entry because it can make one to refuse to buy only to see price already surged. Besides, most of the technical analysis method employed in determining the supposed perfect entry are marred with errors.

[blckhawk]

The current price is gonna be another buying opportunity for those who haven't yet but for those who have accumulated already, it is simply ignored.
This is not the best time to buy because if we are thinking about investing in Bitcoin, supposedly we will be doing this during the bear season when the price was just below $40k.
Of course, buying is still good but not good as compared in buying last year. However, I would not consider this as the best position. Although I won't usually think about "what IF" but who knows exactly as what IF there is no pump anymore?

Every current price is a buying opportunity as long as your selling price goal is astronomically or way higher than the current price, that's why DCA exists so you can easily manage how you want to spend your money when it comes to bitcoin investment, you put in how much you think is appropriate depending on the situation or the current price. It's a matter of adaptation to whatever situation you're in that would make all the difference, remember that it's really difficult to buy bitcoin even if you have the money at any point in time, timing will always matter. That if question you've got though, I don't think that it's a valid question though, there's still billions of people out there that don't know about bitcoin yet, I don't think that these people discovering bitcoin would ever lead to us seeing the decline or the demise of bitcoin price pump.

[lixer]

The last few days of last week saw a sudden drop in Bitcoin. This is the first time Bitcoin has trended lower in the past few days, in contrast to what it was before and after the Bitcoin halving. Many may have started thinking that the price of Bitcoin might go down further but today the price of Bitcoin is above $62k. Many may be waiting to watch the market and also make an investment plan. However, Bitcoin's trend seems natural to me. I think it is not inappropriate to invest in bitcoins in the current market, because now is the time to just invest and hold bitcoins, wait for the upcoming days.

I think Bitcoin upward trend is a sign of more growth over time. Most investors who hold, it will prefer to keep the holding for themselves before the desired period. In Bitcoin downward spiral you can be optimistic and buy more aggressively at this price even to continue holding. You may be more optimistic that the tendency to sell Bitcoin despite being low -sided has been sold only on 1st May only 26k, which is less than the previous day. Which suggests a more completed approach than the recession of the past.

Yes that is possible. When the price rise, it's a sign that investors (old or new) are buying and when it rises more, it attracts people who are not yet involved to invest as well, making the price to break more heights.

As an investor our goal is to earn a big profit and the only way to achieve this is through strong hodling. Not all are optimistic when the price dips. Rather the emotion they feel is doubt or worried. It may be lack of experience but I think even the veterans experience this sometimes. The only difference is they can still hold on and bounce back immediately. We still have a reason to sell and those who do it early might actually reduce their complications.

[Kelvinid]

Well you should not worry about the dip if your plan is to hodl since whatever price came up then its the best time for you to buy again. Other people think that they do a bad decision for not waiting for some few hour or days that's why they fail since this people got discourage for seeing that there's more dump happen and they lose a value for their bitcoins bought. They need to remember that if there plan is for long term then there's nothing to worry on those situation. Since they can accumulate more so they can increase their investment and hopefully in future the price pump they could able to earn a lot of money especially if bitcoin will hit another bull run season and we can see a great price achieve especially if the price would able to reach at six digits in figures.

Your position aligns with my style of buying. I don't worry about the dip since I'm going for long term, every entry within this stage is still perfect because I believe Bitcoin will be approaching $100k in the new future. I use the DCA method mostly but when I have extra cash, I do still consider buying the dips and when such times comes, I don't think twice about it because the price of Bitcoin is below $100k and I consider that a fair deal. Some people make buying the dip look so complicated because they want to enter at the perfect lowest point which is very difficult to determine. I don't subscribe to this idea of perfect entry because it can make one to refuse to buy only to see price already surged. Besides, most of the technical analysis method employed in determining the supposed perfect entry are marred with errors.

Long-term holders don't get worried about the market condition whatever it is as they are certain of their plan. But these people don't think that every dip would be a great opportunity to buy because they have also a basis and terms of why they need to do it and why not. Indeed, TA is not applicable to holding IMO, of course, if we are planning to hold 4 years, there is no need for that.

There is no perfect entry but buying Bitcoin during the bear season is a great idea than buying every correction even using the DCA strategy.
Yes, it is all about our buying style and funding as we never forget the risk and we should not exceed our limit.

[MRY]

Long-term holders don't get worried about the market condition whatever it is as they are certain of their plan. But these people don't think that every dip would be a great opportunity to buy because they have also a basis and terms of why they need to do it and why not. Indeed, TA is not applicable to holding IMO, of course, if we are planning to hold 4 years, there is no need for that.

There is no perfect entry but buying Bitcoin during the bear season is a great idea than buying every correction even using the DCA strategy.
Yes, it is all about our buying style and funding as we never forget the risk and we should not exceed our limit.

Those who hold for the long term have considered and solidified their decision to choose to continue holding for years, perhaps they were inspired by those who were able to hold Bitcoin from 2009 until now. That way they can get a lot of profit, but we need to remember that not all coins have future potential. Only Bitcoin still provides that potential because Bitcoin has a limited supply and very high market demand.

[justdimin]

Long-term holders don't get worried about the market condition whatever it is as they are certain of their plan. But these people don't think that every dip would be a great opportunity to buy because they have also a basis and terms of why they need to do it and why not. Indeed, TA is not applicable to holding IMO, of course, if we are planning to hold 4 years, there is no need for that.

There is no perfect entry but buying Bitcoin during the bear season is a great idea than buying every correction even using the DCA strategy.
Yes, it is all about our buying style and funding as we never forget the risk and we should not exceed our limit.

Those who hold for the long term have considered and solidified their decision to choose to continue holding for years, perhaps they were inspired by those who were able to hold Bitcoin from 2009 until now. That way they can get a lot of profit, but we need to remember that not all coins have future potential. Only Bitcoin still provides that potential because Bitcoin has a limited supply and very high market demand.

This is one of the reasons why I am holding, because I have seen people who held and then sold at the worst times and made some profit but missed out on a lot more profit. I know a guy who bought bitcoin when it was even under 30 dollars, and he sold when it peaked at 1400 dollars, he made so much money that way, his profit was around 200k that way, but imagine if he kept it right now? He would have millions and millions of dollars, but he didn't.

Of course my own story plays a role too, I have been here for a while, and I had to sell my coins at 20k during 2017 bull run, I needed the money, but if I kept those, I would have millions today as well, if I would have guessed that, I would have taken a loan and not sell my coins.

[beerlover]

Those who hold for the long term have considered and solidified their decision to choose to continue holding for years, perhaps they were inspired by those who were able to hold Bitcoin from 2009 until now. That way they can get a lot of profit, but we need to remember that not all coins have future potential. Only Bitcoin still provides that potential because Bitcoin has a limited supply and very high market demand.

This is one of the reasons why I am holding, because I have seen people who held and then sold at the worst times and made some profit but missed out on a lot more profit. I know a guy who bought bitcoin when it was even under 30 dollars, and he sold when it peaked at 1400 dollars, he made so much money that way, his profit was around 200k that way, but imagine if he kept it right now? He would have millions and millions of dollars, but he didn't.

Of course my own story plays a role too, I have been here for a while, and I had to sell my coins at 20k during 2017 bull run, I needed the money, but if I kept those, I would have millions today as well, if I would have guessed that, I would have taken a loan and not sell my coins.

These type of stories are all around us, we hear about the people who made millions quite often, but we do not hear about the people who missed out on big changes all that easily, because those people are more silent. We should realize that things aren't all that easy and we are not going to make that much money if we are not careful, and a lot of people just end up not realizing the power they have.

The reality is that we should realize how much money we can make with bitcoin is realistic, we can't make millions anymore, but the reality makes not a fun story to tell so a lot of people end up with a lot of trouble when they are not aware of the situation, the real is much more boring, and just consist of holding for many years without doing anything at all.

[South Park]

This is one of the reasons why I am holding, because I have seen people who held and then sold at the worst times and made some profit but missed out on a lot more profit. I know a guy who bought bitcoin when it was even under 30 dollars, and he sold when it peaked at 1400 dollars, he made so much money that way, his profit was around 200k that way, but imagine if he kept it right now? He would have millions and millions of dollars, but he didn't.

Of course my own story plays a role too, I have been here for a while, and I had to sell my coins at 20k during 2017 bull run, I needed the money, but if I kept those, I would have millions today as well, if I would have guessed that, I would have taken a loan and not sell my coins.

When we take a look back to the past, it is easy to see the opportunities we may have missed, but at the time things were nowhere near that clear, you sold at the top of the market during 2017 and you did it because you needed the money, so there is nothing you need to be ashamed, besides I am sure you remember the massive FUD that spread during 2018 and the crypto winter that followed, so many people quit the market thinking it will never recover, so while your journey has not been perfect, you have done better than most, do not forget that.

[Fara Chan]

Those who hold for the long term have considered and solidified their decision to choose to continue holding for years, perhaps they were inspired by those who were able to hold Bitcoin from 2009 until now. That way they can get a lot of profit, but we need to remember that not all coins have future potential. Only Bitcoin still provides that potential because Bitcoin has a limited supply and very high market demand.

For Bitcoin, there will always be potential in the future and we can believe this through a series of times that have become history in Bitcoin since 2009 until now. Meanwhile, Bitcoin holders whose goal is to achieve higher profits in Bitcoin also have different levels of patience in maintaining the Bitcoin they have until now. Although I also believe that currently there are still holders who have kept Bitcoin since 2009, but there are definitely very few such people nowadays. Because this is influenced by profits that have multiplied dozens of times, making most people sell for profit even though they will also buy again at bearish moments.

[freedomgo]

The current price is gonna be another buying opportunity for those who haven't yet but for those who have accumulated already, it is simply ignored.
This is not the best time to buy because if we are thinking about investing in Bitcoin, supposedly we will be doing this during the bear season when the price was just below $40k.
Of course, buying is still good but not good as compared in buying last year. However, I would not consider this as the best position. Although I won't usually think about "what IF" but who knows exactly as what IF there is no pump anymore?

Yes, I would agree this is not the best price to buy but still a good buy if you don’t have started yet investing in bitcoin. If you are doing it with DCA, the current price does not really matter that much since your goal is to buy gradually regardless of the price, until you see your bitcoin earning reach a significant amount. However, if you have a limited budget, I think it’s better to wait for more dips so you can still buy a good amount of bitcoin.