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Author Topic: Buy the dip people!!! Could be last chance for prices this low  (Read 880 times)
thecodebear (OP)
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March 15, 2024, 01:50:58 PM
 #1

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!
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March 15, 2024, 02:15:42 PM
 #2

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!

It's true. If investors want to buy more Bitcoins but were waiting for a price drop, they should buy now to avoid regretting missing out on potential profits from the upcoming bull market. This might be the dip, but we can't be certain. Bitcoin's price is still above $65,000, and it doesn't seem likely to drop below that soon.

For those who get nervous during small price corrections, my advice is to avoid selling hastily. Let's not rush to sell our holdings. It's best to stay out of the market if you're planning to hold for the long term. Avoiding constant market monitoring can help you overcome fear, uncertainty, and doubt (FUD) and prevent selling at the wrong time.

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March 15, 2024, 02:23:28 PM
 #3

The traditional markets are tanking everywhere so that generally shows up immediately in bitcoin these days. You can't really be sure that the price will not dip below this. Like always, the BTC movement leads to some sort of frenzy in some other unrelated area. The frenzy this time seems to be memecoins and L2 networks which are seeing mad swings, scams, pump and dumps.
Nothing really new here except the substantial positions that the ETFs have taken. Now we'll see the effect of truly mature speculation on the price because the institutional traders are going to do their thing on this big a scale for the first time. DCA'ing is still the best thing to do in my opinion.

Maybe do a few bulk buys as per your capacity by keeping a target assuming that you can wait for the ATH as well as take the L for sometime if it goes downwards.
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March 15, 2024, 02:35:42 PM
 #4

So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!

I expect the little bullrun we see should be able to teach many a lesson to quickly take advantage of making investment in bitcoin, the best time is now, it has given the opportunity to make new investors come into the network and invest, this may be the last time we can see it at this low for now, when we fully launched into the bullrun in proper, the market is going to be more volatile than ever and there will be more highs than lows, this is the right time for DCA for the sake of those that are investing now or have done that already.



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Rainbot
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March 15, 2024, 02:39:21 PM
 #5

I don't think $68k is the deep, we saw some days ago how it went down to $61, and at any moment it could have a massive crash, is about a wale deciding to sell a big amount to send it down to $40k, remember there are some early investors who are holding a big amount of BTC, and if any of them decide to sell then the markets will be in pain.

Feels like the party is over, the right way to buy in the deep was 1 year ago when price were down to $16k.

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March 15, 2024, 02:48:49 PM
 #6

There are some people who love to sit at the fence waiting to see bitcoin price dip to their expected price before they will buy. I know that many of them would have regretted their actions, but it is not tooate to regret not buying then, as bitcoin has offer us with a dip price of 67k for us to take advantage on buying more bitcoin. Those who have no bitcoin a d was waiting should use this opportunity to buy as long as they have the money, because no one knows if this will be the lowest price that we will see till the next bear market. If you don't have much on you, you can use DCA method that gives you the opportunity to buy bitcoin bit by bit regularly, weekly or monthly. We might still see more dips, but it is better to buy now than waiting.

R


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March 15, 2024, 02:49:52 PM
 #7

I don't think $68k is the deep, we saw some days ago how it went down to $61, and at any moment it could have a massive crash, is about a wale deciding to sell a big amount to send it down to $40k, remember there are some early investors who are holding a big amount of BTC, and if any of them decide to sell then the markets will be in pain.

You're very correct, the price may still fall deeper because the market is unpredictable at this point so immediately a huge amount is being sold, automatically the price will fall further but regardless, every dip price is an opportunity to accumulate more as the halving is almost near but speculating this to be the last dip may not really work that way because Bitcoin is an asset with high level of volatility as everything can change within 24 hours and the market experiences a heavy dump.

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March 15, 2024, 02:50:20 PM
Last edit: March 15, 2024, 03:51:41 PM by Zlantann
 #8

This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.

Although we might not be able to project how the market will turn out shortly your predictions make some sense. The current price will be an ideal position for anyone who intends to still make some profit in the present bull run. The price of Bitcoin might not get cheaper because of the incoming halving which will discourage mining activities thereby making the supply decline. And these institutional investors have enough funds to keep buying any Bitcoin which is available in the market. For people who have money lying in banks and losing value due to inflation, this period might be a perfect time to pull them from banks and invest in Bitcoin. However, people who have used DCA to accumulate Bitcoin have more advantages.  

R


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March 15, 2024, 02:58:39 PM
 #9

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.

I’m pretty sure this is what people feeling back then when Bitcoin first reach 68K then dip to 60K level on the last crypto cycle. Crypto market is very tricky and can perform opposite to the majority expectation because that’s how big player think to gain profit in this volatile market.

You might be correct on this but there’s still a chance too that the price will slide more when the real market crash begin due to correction. Bitcoin halving is almost near and this the most bullish which crypto peeps looking forward after the ETF approval. I will wait for halving before I can conclude what’s the real bottom price for this correction.

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March 15, 2024, 03:03:54 PM
 #10

So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!
If they only observed the market, latest bullish months and felt regret days ago, now they are given good price from correction to buy.

Not sure it will be last chance or will be other chances but if they already felt regret days ago, now it is not time to repeat similar hesitation for their investment and feel regret again in coming months.

In a bull run, there will be many corrections but dips are chances to buy, not to sell or panic.

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March 15, 2024, 03:16:19 PM
 #11

So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!
We can't say anything yet, crypto market is highly unpredictable and anything can happen anytime. I know that it's hard to believe that Bitcoin may fall back to $50k or below it but such things happened in past many times and they may repeat themselves once again.

I know it's a good opportunity to purchase Bitcoin in present times but if it goes down again then many people will regret that why have they bought Bitcoin at $65k or $60k. In my point of view the ones who are thinking about investing in it should use dip buying strategy in market correction times.

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March 15, 2024, 03:20:18 PM
 #12

Yep, if people are worried Bitcoin would continue to dump, just use DCA strategy instead of lump sum, so you don't have to worry because you know Bitcoin will shine in the future.

The point isn't about buying Bitcoin right now, but you will have a good return if you keep accumulating from now.

We will see another small pump when we're near to halving event, then the big pump will happen on the year.

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March 15, 2024, 03:26:53 PM
 #13

Indeed, and this is very normal, especially if the increase in BTC is felt to be high, there is a high possibility of correction, but not as severe as before. Yes. I agree, as you said above, this is a moment that must be used as well as possible, where this correction is also eagerly awaited by all intelligent traders, both small and large. to increase our BTC holdings otherwise the king will leave again.

As for the others, I am still a bit doubtful, my reason is that if we look at the pattern as before, BTC pumps and dump coins other than BTC which are fundamentally weak will be badly hit again and bleeding even though some coin  of them have good and strong defense already to prepared for the possibilities to decline again.

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March 15, 2024, 03:49:20 PM
 #14

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.

This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


Predicting Bitcoin's movements is incredibly difficult, often relying on luck rather than skill. Therefore, I suggest that anyone interested in investing in Bitcoin or looking to increase their holdings should be vigilant for opportunities. For instance, when Bitcoin's price drops, it presents a chance to accumulate more. Currently, with the price at $68k, it's an opportune moment to buy. If there's concern that the market might dip further, it's wise to allocate a portion of funds for immediate purchase and reserve the remainder for potential future drops.

By seizing the opportunity now, one can benefit, considering that the price might not drop further immediately, or if it does, they could still acquire more later. It's about being cautious yet proactive buying a portion now and potentially purchasing more later if the price decreases further. This strategy allows for flexibility and reduces the risk of missing out on advantageous buying opportunities in the volatile Bitcoin market.

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March 15, 2024, 04:10:56 PM
Merited by Alphakilo (2)
 #15

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!
Anyone who really wants to invest in BTC would not even wait for the price to get any lower before buying some, because they clearly have the fund and are sure of its future prospects.
The spot ETF is for everyone but it is an asset that can be traded on the foreign exchange market and has the potential of giving good profit in returns.
Although large corporations and businesses or individuals with large portfolios are more in reference with the spot ETF, the DCA strategy of investment has never failed to be the available option for those who can't afford to buy 1btc but can afford few Satoshis on a regular basis.

To buy now is still the best advice and while the whales are accumulating, like M.Saylor of Microstrategy who acquired about $12,000 BTC and is planning to buy more, the individual with a lean purse but with the interest to own some BTC can still make profit from long term DCA strategy starting from now, despite the dip or pump of BTC price currently.

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March 15, 2024, 04:28:49 PM
 #16

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!
As always, the rule “act against the market” is forgotten during the period when the price is rapidly rising. The right time to buy bitcoin is not “now,” but “yesterday”. Bitcoin has already grown significantly and we are at the top of the candle, which is why a strong pullback is possible, approximately equivalent to the growth that we saw. Need to approach investments by weighing actions, and not by being guided by the hype around and what OP write. If you listen to “faster-faster”, you will lose even faster.

There will still be opportunities for a successful purchase, and this is not the last reduction in the price of bitcoin.

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March 15, 2024, 04:30:16 PM
 #17

I don't think $68k is the deep, we saw some days ago how it went down to $61, and at any moment it could have a massive crash, is about a wale deciding to sell a big amount to send it down to $40k, remember there are some early investors who are holding a big amount of BTC, and if any of them decide to sell then the markets will be in pain.

Feels like the party is over, the right way to buy in the deep was 1 year ago when price were down to $16k.

Maybe $68k or $66k is not the final drop but there is no guarantee that bitcoin will fall further. Bitcoin is still bitcoin, no one can predict it. So the best solution is DCA to not miss any cheap buying opportunities. Making predictions and waiting for lower prices to buy also causes many people to miss the opportunity to buy at a good price. As I remember when bitcoin dropped to $16k in 2022, many people kept predicting it would go to $12k and they waited, but in the end they missed bitcoin's low.

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March 15, 2024, 04:42:04 PM
 #18

Every correction and decline that occurs in Bitcoin is an opportunity and is also the best option to take advantage of in making purchases to accumulate more Bitcoin. Because this is a good discount to take, especially for the DCA strategy.
While DCA doesn't care about the price of Bitcoin when making regular purchases, any correction or dip can be exploited to increase purchases, and return to normal when the price starts to rise. And this kind of situation will become more profitable as the price of Bitcoin increases.

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March 15, 2024, 04:47:18 PM
 #19

Don't be too hasty, as much as I agree with what @thecodebear is saying, it's not a good idea to put your money all in into the dip because it's still a high price and you don't want to miss out on the potential that you're going to be buying more bitcoin when the price continues to go down and the correction get more deeper than many would expect. It's also, not yet halving so I don't believe that you're missing out in profit because it's most likely that we're going to see the price going down in the future and I don't believe the pump will just go back and continue to make bitcoin more expensive for everyone, my point is that if you're having some feeling of wanting to buy right now because there's a potential that you're going to be missing out on profit, you're not going to miss out and the price will eventually get lower.

This is still a buying opportunity though, it's not going to make you a lot of value but it will make you profit when it comes doing long-term hodling, DCA (Dollar Cost Averaging) is going to your biggest help in this kind of situation

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March 15, 2024, 04:55:27 PM
 #20

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.

This dump started when some US democratic senators sent a letter to the SEC to reject any ETF that is submitted from henceforth and they gave a lot of concerns issue and I think the people looking to see what happen to bitcoin will happen to ethereum will have to come out of that canopy and I hope we don't see any more bad news else we might go a little down than the supports you mentioned.

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So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!

I'm not comfortable with your last paragraph, looks forcing and try convincing but it should be in a way to encourage people so that when it doesn't go as you stated, nobody can hold you responsible because as you can see, the way this bull run started and cross the all time high, it looks force and ETF people are the major stake holders in this movement of Bitcoin, we ought to have not yet cross the previous all time high yet but it's what it's.

R


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March 15, 2024, 04:55:40 PM
 #21

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!

Now that there is a correction in the market, this is a good opportunity to buy, then hold, and don't feel or use instinct as to how far the dip will take. So if you have something to buy,
use it now and don't think twice.

Just take advantage of every opportunity that is a good chance that we can buy because we know it's low now and don't think that it will go down even more. Maybe that will cause us
to do something that we will regret in the end. "I wish I had bought it," me. Let's not wait to say it at the end.



BIG WINNER!
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March 15, 2024, 06:34:13 PM
 #22

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.

I never expected this dip to get this dipper but it is an opportunity for those who have been waiting for price correction before entering into the market to get in now. Just like you’ve mentioned, it may the last time we’ll see it getting this low but it is not still a thing of certainty yet. Today might not be the day to get it this low, it might dump more by tomorrow and the day after it, just that bitcoin price movements likes performing wonders during weekends in the time many people are not really into the market movement. The season we are now won’t even warrant such to happen as all eyes are on the market to see the next possible move bitcoin is going to take as the halving day keeps counting down to the main day. But now when you can, and for those that have been using DCA, this is also a good time for them to buy more bitcoin to add to their portfolios. No need of biting tongues now, I think we are still early into the bull market.

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March 15, 2024, 06:50:16 PM
 #23

Just take advantage of every opportunity that is a good chance that we can buy because we know it's low now and don't think that it will go down even more. Maybe that will cause us
to do something that we will regret in the end. "I wish I had bought it," me. Let's not wait to say it at the end.

Seriously this is the kind of movement we will be seeing for some time now. This is more like a ranging market with a Sharp drop or let’s say sniper drop or raise. Situations like this are said to be instigated by fundamental news surrounding cryptocurrencies and bitcoin as the leader of the pack reacts to it first. The people that will get the best out of this period are people that would DCA, a ranging market like this is perfect for it. Another way is to set a buy limit order at lower prices so that one can catch a sharp drop before others but as we know that comes with a risk to trusting your funds to exchanges

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March 15, 2024, 08:31:02 PM
 #24

Can anyone tell me why Solana never has any corrections. Only ridiculous amounts if any?
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March 15, 2024, 08:42:03 PM
 #25

Problem is lack of assurance. Take note of how long the market price was high up recently. A price correction is expected to happen and no one is certain that the deckine in its value will be either continuous or not. Last week, same thing happened but eventually, price recovered and continued its dominance. Now, will you be embracing the risk? It will all depend on your decision as an investor. You could wait for a lower market price but again there's no certainty of such thing. This is the downside of a bullish market wherein extreme volatility is visible with price charts. I suggest taking the route where you will be comfortable. Never FOMO; prices would react depending on the demand and not only with people's emotion.
Can anyone tell me why Solana never has any corrections. Only ridiculous amounts if any?
Maybe it is because of continuous token generation under this chain. Meme tokens are the best examples. Many meme tokens are succeeding even those which had a price correction already upon its listing with big exchangers of this industry. Keep in mind that bulltrend has just started and anything could happen along the way. Never be too confident on any coin you are interested with and make it a habit to have a Plan B if ever things won't happen in accordance with our expectations.

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March 15, 2024, 10:17:03 PM
 #26

This isn’t a dip IMO. Also, how can you say it’s the least price for 18-24 months? That’s not true. I believe that there could be a dip more than going down to $60,000. 18 months is a lot of time for your certainty and obviously it’s all speculation. But anyways, anyone who gets in now and invests should hold it for the long run because in years to come, it will be fruitful. The mistake many people made is not investing when it was super cheap but trying to invest now the price is at ATH.



 

 

 

 

 

 


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March 15, 2024, 10:22:07 PM
Merited by amishmanish (2)
 #27

This isn’t a dip IMO. Also, how can you say it’s the least price for 18-24 months? That’s not true. I believe that there could be a dip more than going down to $60,000. 18 months is a lot of time for your certainty and obviously it’s all speculation. But anyways, anyone who gets in now and invests should hold it for the long run because in years to come, it will be fruitful. The mistake many people made is not investing when it was super cheap but trying to invest now the price is at ATH.

typical it will go under 60k

why not say it will go under 50k

or be more bold and say it drops to 40k

I adjusted my ladders today I buy at

 54.1k
 49.2k
 44.1k
 39.8k

my sell ladders are
 77777.77
 88888.88
 90909.90

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March 15, 2024, 10:29:52 PM
 #28

This isn’t a dip IMO. Also, how can you say it’s the least price for 18-24 months? That’s not true. I believe that there could be a dip more than going down to $60,000. 18 months is a lot of time for your certainty and obviously it’s all speculation. But anyways, anyone who gets in now and invests should hold it for the long run because in years to come, it will be fruitful. The mistake many people made is not investing when it was super cheap but trying to invest now the price is at ATH.

typical it will go under 60k

why not say it will go under 50k

or be more bold and say it drops to 40k

I adjusted my ladders today I buy at

 54.1k
 49.2k
 44.1k
 39.8k

my sell ladders are
 77777.77
 88888.88
 90909.90

Well, I can’t say exactly how low it will go but I know that the $60,000 he speaks of can’t be the lowest we’ll see in the next 18-24 months. As usual, we will see ups and downs. It could even be a news that could cause FUD and make it drop badly. But it always drops. The good thing is that for every time Bitcoin experiences a dip, it comes back up even stronger. From $18,000 look where we are at.

The $90k in your sell order could really work. But let’s see how this goes.



 

 

 

 

 

 


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March 15, 2024, 10:40:27 PM
 #29

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!

You are right and it is good to see how Bitcoin is lifting the bar higher and higher for the term "dip" to be applied here. I don't know, but who would have thought a year ago that we would be talking about a dip when Bitcoin takes a little dive to 66k? Cheesy Good news for everyone who has their bags loaded. I think it still not that straightforward to call this a dip. You are probably right and I believe we won't get to see a massive setback now, but you never know what's waiting around the corner. There were some surprising price movements in the past and if they hadn't been surprising, more people would time the market. HODLing is the way to go and if someone has the pockets full of cash, why not load up some more.

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March 15, 2024, 10:47:19 PM
 #30

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!

You are right and it is good to see how Bitcoin is lifting the bar higher and higher for the term "dip" to be applied here. I don't know, but who would have thought a year ago that we would be talking about a dip when Bitcoin takes a little dive to 66k? Cheesy Good news for everyone who has their bags loaded. I think it still not that straightforward to call this a dip. You are probably right and I believe we won't get to see a massive setback now, but you never know what's waiting around the corner. There were some surprising price movements in the past and if they hadn't been surprising, more people would time the market. HODLing is the way to go and if someone has the pockets full of cash, why not load up some more.
well

I have some buy ladders set so here is hoping my sell ladders are hit not my buy ladders

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March 15, 2024, 10:53:24 PM
 #31

~

You are right and it is good to see how Bitcoin is lifting the bar higher and higher for the term "dip" to be applied here. I don't know, but who would have thought a year ago that we would be talking about a dip when Bitcoin takes a little dive to 66k? Cheesy Good news for everyone who has their bags loaded. I think it still not that straightforward to call this a dip. You are probably right and I believe we won't get to see a massive setback now, but you never know what's waiting around the corner. There were some surprising price movements in the past and if they hadn't been surprising, more people would time the market. HODLing is the way to go and if someone has the pockets full of cash, why not load up some more.
well

I have some buy ladders set so here is hoping my sell ladders are hit not my buy ladders

That's a rhetorically very sound way to express your best hopes for Bitcoin's upward momentum in the coming days and weeks. Cheesy Well said!

But yes, no need to tell you how things can go. You have been around for long enough @philipma1957 and you have been sweating through a couple of rollercoasters like I have, so the good thing is that no matter what Bitcoin does, I think the people like you and me who have been around for a decade or longer, are pretty calm inside. You probably remember the times too, when checking the price felt like an addiction. Times have changed I'd say. The volatility was so exciting that it spoiled me. Sometimes people who are new into Bitcoin tell me that they are sweating because it went down 10% ***lol***. Tongue

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March 15, 2024, 11:00:43 PM
 #32

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!
The current dumping market may have once again created a new opportunity for people to buy Bitcoin. The market will dump a bit before the bitcoin halving, maybe the current dumping is a pre-halving pattern. I think this dumping market should not be missed by anyone who wanted a dumping market to invest. I am waiting to invest in this dumping market but I increased my investment earlier using DCA method now if more dumping happens I will buy more bitcoins and hold it for bull market. I would say buy and hold bitcoin but don't hold it for too long as you will have more success if you hold it until the bull market.

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March 15, 2024, 11:16:05 PM
 #33

I don't think $68k is the deep, we saw some days ago how it went down to $61, and at any moment it could have a massive crash, is about a wale deciding to sell a big amount to send it down to $40k, remember there are some early investors who are holding a big amount of BTC, and if any of them decide to sell then the markets will be in pain.

Feels like the party is over, the right way to buy in the deep was 1 year ago when price were down to $16k.

It's possible that the Bitcoin price may not go below $60k or might go below that, but the market direction is not controlled by anyone. It's a dynamic market, and an investor should utilize the DCA strategy to invest in the market while they can still get a lower price below $100k. In 2022, one of my friends had the opportunity to buy Bitcoin when the price was still around $16k, but he refused to buy because there was much speculation that the price would get to $10k. Unfortunately,  the price he was expecting to buy Bitcoin was not met, and he later had to buy some Bitcoin around $20k+, whereas he would have bought at a lower price. We may not be 100% right about the next price of Bitcoin, but anyone who is scared of more dips in the market can invest in DCA while still holding some fiat to keep accumulating if the price continues to drop. 

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March 15, 2024, 11:18:29 PM
 #34

You can be right in here. This might be the last correction that we will able to see before bull run comes, so while opportunity knocks, learn to grab on it. Well, as long as it’s all about bitcoin, whether you buy it at its deep or at its peak price, the fact that you’re in for long term hodling then that won’t be a problem. However, you don’t want to miss this opportunity and add more bitcoin in your portfolio while the price is quite cheap, so start buying now and create maximum purchase. But don’t try to invest more than you can afford to risk, you should stick to this reminder at all times.

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March 15, 2024, 11:29:26 PM
 #35


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!

If there’s anything I love about this post is the fact that m, you realize the fact that, nothing everyone not holding, intentionally didn’t want to hold, but a lot aren’t holding because they don’t have any money to buy and you don’t have to blame them for that.

I also support the fact that anyone wanting to own bitcoin should better do that  now as this might be one of the lowest points we might see bitcoin except the correction gets deeper but it will be wise for anyone who has some money laying somewhere to better buy and hold some bitcoin

R


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March 15, 2024, 11:44:59 PM
 #36

It could be the last opportunity or not before the final bull run, we had to think first if we could really take the risk considering the situation that the price is already high compared to when it was just below $50k. But of course, if we really have the guts and trust in Bitcoin and investing without thinking negatively, then must take this chance. Besides, if we do not make a huge profit this bull season at least we have gained some experience about how this works. And to have the chance to compare the results when buying during bear and bull season at least we have an idea what we do next.



.
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March 15, 2024, 11:57:29 PM
 #37

People who focus on halving as the key time to make a good profit out of the investment can go forward and invest at the current market price. We can't be sure of the correction going down to $65k. More than 34 days for halving, and more incidents could happen within the time frame. For users who have a plan for investing at a lower price, they should have patience, as the price will reach the ATH, slowly drop, and turn bearish at some point. Maybe using those opportunities we need to hold until the 2028 halving for better profit.

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March 15, 2024, 11:59:05 PM
 #38

While this could be another opportunity to invest, but we aren’t really sure enough if the price will stop from here. This might only take a day or two and we’re back again to bitcoin price at peak. But buying at this price offers a good opportunity to rebuy again and continue to DCA regardless of the price. So buy if you can, but never force yourself if you don’t have the funds to buy.

Price correction is always expected anyway. But predicting as to how far the price will drop, that is beyond our control, that even big whales won’t be able to predict it correctly. But they can always create a big factor so that bitcoin price will crash and eventually witness the people entering the market again for a temporary price dip.

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March 16, 2024, 12:08:14 AM
 #39

Goodluck to everyone and may we all not expect fomo. I believe fomo ruins just about everything. Don’t wait too long for it go that low if you can already afford to buy it then just buy it. These are important times that will shape our future so think wisely and make decisions properly

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March 16, 2024, 01:02:49 AM
 #40

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!
This is the kind of post i wanted to read yesterday as I once again doubt the capacity of bitcoin to break 75k , but seeing it grows now and climbing back to70k, I felt relieved and for you OP , you are one true Bitcoin Hodler/Supporter.
Goodluck to everyone and may we all not expect fomo. I believe fomo ruins just about everything. Don’t wait too long for it go that low if you can already afford to buy it then just buy it. These are important times that will shape our future so think wisely and make decisions properly
well , it is what it is.

Bitcoin now is increasing and doing a best performance from that Big correction as I believe almost 7k$ drop in 24 hrs , alarming but worth trusting.

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March 16, 2024, 02:28:50 AM
 #41

Or it might start crashing more and more like the last bull run. People will buy now, tomorrow it crashes further and then they will end up regretting. They have to either hold it for years or sell it at a loss. You can't predict the market, so you can't say for sure that this is the last chance to buy low. Markets are very volatile right now. Best is to only invest what you can afford to lose and the money you won't be needing anytime soon (or for years). Remember, there are still people that bought bitcoin when it reached the lower $16k and are still waiting to sell it. And then there were people that bought the coins during the last all time high, and has been holding for years. They are also waiting for selling it which might cause the market to go down further.

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March 16, 2024, 03:44:17 AM
 #42

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!

The bitcoin market always goes through unstable and unexpected situations. And that's why I don't think that the depth of 68K is very high. We can still see more dives. The market may go down further. Because it is a dynamic market that is never controlled by anyone. However, this is a very good opportunity for those who have waited for the correction before entering the market for so long. It may be that before the bull is running, it will see it lower for the last time. So they should seize this opportunity.
Also, this is a great opportunity for those who are using DCA. They now have a good time to add Bitcoin to their portfolio.
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March 16, 2024, 04:03:54 AM
 #43

For a long time we have seen the market rise in stages, when the market goes from one stage to a better stage, we think that maybe the market will return to its previous level again and wait for it to return to the previous level again. When the market does not return to its previous level and goes back to its better level, we feel that we should have invested from the previous level. Those who invested without thinking so much while the market was running must have now achieved the highest investment profits but those who thought like this and waited for the market to come down relatively may still have that thought. The market is currently dumping a bit now we can invest if we want and wait for a long time hoping the results don't go against us.

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March 16, 2024, 05:02:22 AM
 #44

So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!
I noticed some correction in Bitcoin yesterday, many people may be interested to invest in Bitcoin again. It is very difficult to predict whether Bitcoin will go further down or up from the current price centered around the halving. I think using the DAC strategy from the current market price is a better way than worrying about whether Bitcoin will continue to dump or pump. I hope  it's not good to miss the current opportunities, Bitcoin will be halved in the next month, from now If anyone follow the DAC method, if apply DCA during the investment weekend you  will have better returns during the bull run at the end of the year.

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March 16, 2024, 05:21:16 AM
 #45

With the halving acting as a key tool to earn a good profit from bitcoin investment many investors are moving forward to buy bitcoin. It is never a right decision to hold and sell as soon as the price rises to a high price and then goes down. It is a very popular cryptocurrency. Bitcoin has dominated the crypto market. Best Cryptocurrencies where investing has the potential to get good returns may be better by the end of 2024.

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March 16, 2024, 05:47:27 AM
 #46

We really cannot be sure if this will be the last opportunity to buy at $69,000, as this very cycle has shown us that price behaviour can be far from the regularities we expect based on how the price has behaved in previous cycles. However, if we have a long term view it is a good time to buy, as in the future many people will dream that they would have been able to buy at this price.

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March 16, 2024, 06:04:39 AM
 #47

I expect that we will have more sideways in the market because the institutions want to have more of them before the final flight for this bull run and before that happens, be sure that everyone of us has their own positions prepared if that happens. Right now, it is giving that vibe that we're having the correction and this is another trajectory of the market before it recovers again with the losses that it has taken.

I feel bad for those people that are still believing that we'd see a total low on this cycle. It's hard to imagine that we'd get that and even those that might think that under $20k is possible, I am not so sure if we'd still able to see that. We will have a correction but not coming to that point anymore IMO.

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March 16, 2024, 07:18:06 AM
 #48

We can never accurately predict the price of Bitcoin. Yesterday Bitcoin price was $65k today again around $69k. Now the price of bitcoin can go down more or the price of bitcoin can go up a lot. So it is best that you invest in DCA method instead of waiting for Bitcoin price to fall. You can buy bitcoins at more or less average prices if you invest in the DCA method. No matter what price you buy Bitcoin at, you can definitely make a profit if you can hold it patiently for a long time. I don't wait for Bitcoin price to drop, I prefer to invest with DCA method.

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March 16, 2024, 02:01:31 PM
Last edit: March 16, 2024, 02:14:38 PM by thecodebear
 #49

The traditional markets are tanking everywhere so that generally shows up immediately in bitcoin these days. You can't really be sure that the price will not dip below this. Like always, the BTC movement leads to some sort of frenzy in some other unrelated area. The frenzy this time seems to be memecoins and L2 networks which are seeing mad swings, scams, pump and dumps.
Nothing really new here except the substantial positions that the ETFs have taken. Now we'll see the effect of truly mature speculation on the price because the institutional traders are going to do their thing on this big a scale for the first time. DCA'ing is still the best thing to do in my opinion.

Maybe do a few bulk buys as per your capacity by keeping a target assuming that you can wait for the ATH as well as take the L for sometime if it goes downwards.

Oh yeah I'm not saying it won't go lower. Obviously no way to know that, it could easily go under $60k in the next week or go over $75k. I'm saying the days of it being this low, or possibly lower, are extremely limited. Sub-$70k prices will be gone soon and may be back in like 18-24 months during the next bear market bottom but that's it.

Anyone looking to get in at low prices should be buying now. At most we probably have days or weeks at prices around $70k left before prices go higher, and then we may get a few months at these prices again at the bottom of the next bear market, though at that point most people will be too afraid to buy at these prices because people are always afraid to buy at low prices.



I just started buying Bitcoin again a week or so ago. I'm DCA'ing sorta, just buying small amounts whenever I feel like it before prices go above what I figure the next bear market will bottom at. Already picked up two small buys in the $67,000s yesterday, and a few others the past week. It just dropped back down to $67,000s so time for another small DCA buy. If it goes lower in the coming days I'll do a few more small buys. During these next few weeks or couple months and during next bear market I'm hoping to DCA a few dozen times at least in the $60,000s and $70,000s before those sorts of prices are gone forever. I already have a bunch of bitcoin from last decade, but my goal now is to over the years accumulate 1.00 more BTC doing little 0.0025 BTC buys (which I'm calling a Bitcoin-Person unit of bitcoin, cuz of the thread recently on here that showed how much bitcoin is available for every person on earth and its about 0.0025 btc, so every buy I do I'm accumulating the average amount a person could own if bitcoin were evenly distributed  Cheesy so every time I buy I'm like I just bought an entire person's worth of bitcoin haha!). 8 BTC-Persons out of 400 DCA buys now to get to that 1.00 goal.
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March 16, 2024, 03:54:24 PM
 #50

Every dip of bitcoin is an opportunity to buy more bitcoin and procrastinating about it might be the last opportunity to buy at that very amount.  Some people are worried about the current price of bitcoin,  if it is good to buy bitcoin by this time. This is still a good time to buy bitcoin, after this time the price of bitcoin might increase more than what it is right now and one will just miss the opportunity of buying low. It is important never to loose your chance buying bitcoin.

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March 16, 2024, 04:18:34 PM
 #51

You're correct, it appears this might be our last chance to purchase bitcoin at such a low price. We should seize this opportunity and prepare for a potential increase.
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March 16, 2024, 04:37:23 PM
 #52

~
This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!
Might be the lowest that it gets? You might be right, but you might be wrong as well. Wink After all, we are all just predicting.
I believe that there is a chance that Bitcoin might even go lower than $66,000 after the Bitcoin halving a few weeks from now.

It's only my prediction but that's what happens on the last Bitcoin halving event, and the event before. A bit of a correction before it goes up. I will agree with you though that this correction is another opportunity for us to buy Bitcoin at a lower price. So much so that I bought some already when it was I think at the $67,000 price. Anyway, I also kept some USDT just in case Bitcoin really goes down even more after the halving event.

It's good to see Bitcoin making some correction after that unexpected rise in price. TBH, I'm a bit surprised with that rise because I can't think of any reason as to why it happened aside from the fact that investors are greedy at that time thus, they are buying Bitcoin, making it's price go up. For me, every dip = opportunity so always take advantage of it. Smiley

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March 16, 2024, 04:45:47 PM
 #53

~

You are right and it is good to see how Bitcoin is lifting the bar higher and higher for the term "dip" to be applied here. I don't know, but who would have thought a year ago that we would be talking about a dip when Bitcoin takes a little dive to 66k? Cheesy Good news for everyone who has their bags loaded. I think it still not that straightforward to call this a dip. You are probably right and I believe we won't get to see a massive setback now, but you never know what's waiting around the corner. There were some surprising price movements in the past and if they hadn't been surprising, more people would time the market. HODLing is the way to go and if someone has the pockets full of cash, why not load up some more.
well

I have some buy ladders set so here is hoping my sell ladders are hit not my buy ladders

That's a rhetorically very sound way to express your best hopes for Bitcoin's upward momentum in the coming days and weeks. Cheesy Well said!

But yes, no need to tell you how things can go. You have been around for long enough @philipma1957 and you have been sweating through a couple of rollercoasters like I have, so the good thing is that no matter what Bitcoin does, I think the people like you and me who have been around for a decade or longer, are pretty calm inside. You probably remember the times too, when checking the price felt like an addiction. Times have changed I'd say. The volatility was so exciting that it spoiled me. Sometimes people who are new into Bitcoin tell me that they are sweating because it went down 10% ***lol***. Tongue

I remember buying 1 btc at 400 and selling it for 790 around 2-3 hours later

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March 16, 2024, 04:54:39 PM
 #54

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!

Once I saw a post asking why people still invest in Bitcoins even at high prices and this post OP made above is the major reason people buy at any price available. The fear of losing out can make you buy when you are not supposed to buy. I personally don't think $66k is dip enough. Bitcoin price is something we can never predict. I know  even if we buy at $68k there are still high chances that people will still make profits since we are still expecting the bullrun. But rather than invest a huge sum of money in Bitcoins now, it is better to buy in bits while still observing the price movement. This is one way we can reduce our risks and still avoid missing out in everything.

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March 16, 2024, 05:04:24 PM
 #55

You're correct, it appears this might be our last chance to purchase bitcoin at such a low price. We should seize this opportunity and prepare for a potential increase.

So what's target price to buy? And target price to Sell ? Or you only buy and hold?

However we can not against market, we only can do risk management.  When you told "seize opportunity and prepare for a potential increase" you should make a same term for loss.

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amishmanish
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March 16, 2024, 05:11:28 PM
 #56

--snip--

I adjusted my ladders today I buy at

 54.1k
 49.2k
 44.1k
 39.8k

my sell ladders are
 77777.77
 88888.88
 90909.90
The honorable miner patron of bitcointalk, always the one with the most practical and straightforward advice..Have missed these for the times i have been away from the forum.

--snip--
During these next few weeks or couple months and during next bear market I'm hoping to DCA a few dozen times at least in the $60,000s and $70,000s before those sorts of prices are gone forever. I already have a bunch of bitcoin from last decade, but my goal now is to over the years accumulate 1.00 more BTC doing little 0.0025 BTC buys (which I'm calling a Bitcoin-Person unit of bitcoin, cuz of the thread recently on here that showed how much bitcoin is available for every person on earth and its about 0.0025 btc, so every buy I do I'm accumulating the average amount a person could own if bitcoin were evenly distributed  Cheesy so every time I buy I'm like I just bought an entire person's worth of bitcoin haha!). 8 BTC-Persons out of 400 DCA buys now to get to that 1.00 goal.
I like that strategy and the concept. But yeah, DCA'ing is the way to go with bulk buys as per your capacity. Doing it with ladder buy and sells would be the idea thing. What i think is that with the advent of the bigger players, Bitcoin pricing will now be driven a lot by the fundamentals regarding legislation, perception etc. Those are the real signals now. The time of retail investors running the price up is possibly over now.
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March 16, 2024, 05:15:29 PM
 #57

With the current movement of bitcoin, if you own some, keep them and don't panic about selling during the correction. If you haven't had a chance to buy some yet, now is the time. You enter the market during a downtrend rather than an uptrend. The best opportunities are now; tomorrow may not be too late, but it may be too late to make a significant profit given the entry time. Those who have been using the DCA method will see this as another good opportunity to buy more bitcoin and achieve an average entry price for all of their bitcoin holdings. While the market may appear to be too late to invest, but based on the projected price of bitcoin, it is still early to ape into the market now.

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qwertyup23
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March 16, 2024, 05:34:25 PM
 #58

Or it might start crashing more and more like the last bull run. People will buy now, tomorrow it crashes further and then they will end up regretting. They have to either hold it for years or sell it at a loss. You can't predict the market, so you can't say for sure that this is the last chance to buy low. Markets are very volatile right now. Best is to only invest what you can afford to lose and the money you won't be needing anytime soon (or for years). Remember, there are still people that bought bitcoin when it reached the lower $16k and are still waiting to sell it. And then there were people that bought the coins during the last all time high, and has been holding for years. They are also waiting for selling it which might cause the market to go down further.

I think the moral of the story here would always be to buy at a price where you are financially comfortable with. At the end of the day, you should start asking yourself on why you want to invest in BTC in the first place- do you invest for short or long-term HODLing? The answer will depend on how you would approach the given price of BTC in the current market as the dip currently could either be the last dip or its price ceiling for the whole year.

Personally, I would definitely recommend people to start investing now due to the upcoming fork next month. By basing it on the history of forks, there is a trend where the price of BTC increases in the process. Naturally, this should be the basis of at least majority of the people on deciding whether they should acquire more BTCs in the process or not.

R


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March 16, 2024, 06:19:35 PM
 #59

In particular, the way the market is looking, I think that Bitcoin is going to make a correction very soon. Although I don't know how much better DIP we will get at this correction. But I don't think 68k is a good dip for buy and hold, it can only apply to day trader as a good dip. In 24 hours Bitcoin was the lowest at $66670. I am hoping that Bitcoin will go back around 50k for the next correction. Because I have a strategy where I sell some amount of bitcoins I hold at 56k to buy again at 50k. But then only the price of Bitcoin is coming upwards. But I am hoping that if bitcoin comes close to around 60k then I will buy btc again even with a loss of few dollars.

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March 16, 2024, 07:11:37 PM
 #60

In particular, the way the market is looking, I think that Bitcoin is going to make a correction very soon. Although I don't know how much better DIP we will get at this correction. But I don't think 68k is a good dip for buy and hold, it can only apply to day trader as a good dip. In 24 hours Bitcoin was the lowest at $66670. I am hoping that Bitcoin will go back around 50k for the next correction. Because I have a strategy where I sell some amount of bitcoins I hold at 56k to buy again at 50k. But then only the price of Bitcoin is coming upwards. But I am hoping that if bitcoin comes close to around 60k then I will buy btc again even with a loss of few dollars.
Correction? Its inevitable since this is how market works and how it do behaves. It is really just that no one really knows on what would gonna happen though because we do know that this market is unpredictable.
Buying the dip? It must be the thing but we know that people wont really be having the confidence on doing so specially those noobs on where on the time that they've seen the market is really that on reversal
then this is the time that they would really be making those purchases or buys on the time that the price is already that making some gains and not on the time that it is really that on dump condition.
Buy the dip or buy those cheap prices on which this is the main sentiment that you should be having in mind. Utilize your fund and buy within the dips.

People would really be only have those kind of regret on the time that they had missed out specially if its pumping. Regret is always at the end and if you arent that good
on catching up opportunities then you would be left by the train.  Cool

R


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March 16, 2024, 07:42:16 PM
Last edit: March 16, 2024, 08:09:53 PM by AmoreJaz
 #61

In particular, the way the market is looking, I think that Bitcoin is going to make a correction very soon. Although I don't know how much better DIP we will get at this correction. But I don't think 68k is a good dip for buy and hold, it can only apply to day trader as a good dip. In 24 hours Bitcoin was the lowest at $66670. I am hoping that Bitcoin will go back around 50k for the next correction. Because I have a strategy where I sell some amount of bitcoins I hold at 56k to buy again at 50k. But then only the price of Bitcoin is coming upwards. But I am hoping that if bitcoin comes close to around 60k then I will buy btc again even with a loss of few dollars.

Though we can't be so sure that btc will go back at 50k, and it seems far-fetched for now, better weigh your options on how to invest on this very volatile market. BTC is quite earning good vibes these days, and so a lot of users, even noncrypto users are getting their interest to hold some satoshis. But don't follow the hype, you need to follow your own instincts and assess your financial capabilities.


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March 16, 2024, 07:49:13 PM
 #62

So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!
From the beginning even before bitcoin was at this price many people have often emphasized that if you really seriously want to be in bitcoin then buy it while you can and that even applies to now because after all, if we wait too much, the results are not too good.
Im still sure that currently there are still many people waiting for the price of bitcoin to go back low but the current conditions especially with the bullish that is getting better its a little impossible and many of those who are waiting even at $40k or $30k end up regretting the wrong decision by hoping that bitcoin will experience another correction to a lower price and in the end it is left behind.

Right now if you are serious then buy while you can and don't get too hung up on the price if you really want to be in it. Although we know that in the end it is also one of the goals so that we get profit but if we do not move from the beginning then forever we will not be able to get bitcoin because we are just waiting and waiting because we think bitcoin is still very expensive to buy even though the opportunity has been very present since a few years.

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March 16, 2024, 08:46:00 PM
 #63

The traditional market downturn has sent shockwaves through the crypto world.  Bitcoin's price, often seen as a bellwether for the entire market, is displaying its characteristic volatility.  A decline in traditional markets can indeed trigger a domino effect, impacting other cryptocurrencies like memecoins and L2 networks.

This volatility can be unnerving, even for seasoned investors.  The "mad swings," scams, and pump-and-dump schemes can create a frenzy of uncertainty.  Imagine a rollercoaster ride – exhilarating, but also potentially stomach-churning.

This doesn't eliminate the inherent risks, of course.  Memecoins and L2 networks, while potentially exciting, are also inherently speculative.  Their wild price fluctuations can be a double-edged sword – offering high potential returns but also significant risks.

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March 16, 2024, 09:58:15 PM
 #64

So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!

Is this an investment idea or just a suggestion?Cryptocurrencies are volatile assets, and Bitcoin is one of them. If a coin is volatile either in a positive or negative direction; it can just boost or decrease the price within a period of hours or days. You might be correct in your predictions, but keep in mind that Bitcoin can still fall below $60k if the crypto market is down. 

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March 17, 2024, 05:06:08 AM
 #65

Of course those who want to buy and hold Bitcoin. They should buy bitcoins when the bitcoin market is down. Those who could buy and hold bitcoins until the end of 2023 would benefit greatly now. Those who bought Bitcoin in late 2023 are currently making huge profits. Those who want to buy bitcoins should definitely buy when the bitcoin market goes down so that they can get good bitcoin profits. Of course Bitcoin investment must have a long-term plan before long-term planning can invest patiently, of course, Bitcoin investment can be very successful.

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March 17, 2024, 05:44:15 AM
 #66

Definitely buy the dip, halving time is always best time for smart traders. There is rapid volatility during this time. Everyone should buy as much BTC as possible before US markets open on Monday and Blackrock and other ETFs buy Bitcoin from Grayscale for cheap. Price will rise anyways after halving so risk is minimal.
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March 17, 2024, 03:59:10 PM
 #67

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!
Maybe we can say that the $60k level is the lowest area for now as long as the bitcoin price experiences a correction and will most likely remain in that area in the next few days if there is no increase in bitcoin in the next few days. in the near future because $60k is the strongest support for bitcoin during the bullish market this month, but sometimes it can also be that things don't match our predictions because basically the market movement doesn't move the same as we predicted so you need to be patient and doing DCA is an option which is right when you want to buy bitcoin when the price is being corrected.

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March 17, 2024, 06:25:10 PM
 #68

I noticed some correction in Bitcoin yesterday, many people may be interested to invest in Bitcoin again. It is very difficult to predict whether Bitcoin will go further down or up from the current price centered around the halving. I think using the DAC strategy from the current market price is a better way than worrying about whether Bitcoin will continue to dump or pump. I hope  it's not good to miss the current opportunities, Bitcoin will be halved in the next month, from now If anyone follow the DAC method, if apply DCA during the investment weekend you  will have better returns during the bull run at the end of the year.

The reason why you saw the Bitcoin corrected to that yesterday is that there is no healthy Bitcoin growth without a healthy correction, please emphasize on the world healthy. If any market grow without a correction then that's nothing but a ponzi coin that will collapsed at one time, altcoins or memes are guilty of this and that's why people cry when their investment is not longer an investment.

That correction is a second chance for people that didn't have the opportunity to go in and these usually happen when there is a sell pressure from the Macd indicator, you don't see much interest in buying but the smart people keep buying and if we are in Bull run, you will notice that the supports is always strong, doing DCA in this level might not work like you think because today you are waiting for it to drop down more to buy only to wake and see that th whales has started pumping again. This is why the Bitcoin market was sharply move from $65k to $68 where it's currently trading as I'm trying this. Be smart about market.

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March 17, 2024, 07:03:52 PM
 #69

Though we can't be so sure that btc will go back at 50k, and it seems far-fetched for now, better weigh your options on how to invest on this very volatile market. BTC is quite earning good vibes these days, and so a lot of users, even noncrypto users are getting their interest to hold some satoshis. But don't follow the hype, you need to follow your own instincts and assess your financial capabilities.

Never follow your instincts when it comes to making financial decisions, only make decisions based on research and analyzing the market and the situations around the market, and after a close look, decide what could be the best based on current situations.
For now, the prices are confusing investors about whether it will go up from here or it will go down. So in such situations, if someone wants to buy, they should only buy using the DCA method so that after they buy for once if the price goes up, they would at least have something they have bought, and if it goes down, they can add more to their bags.









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March 17, 2024, 07:09:49 PM
 #70

Well, if the price of bitcoins is still back down a little bit and you have some money to spend on it, then get some bitcoins with it because that might be the last time we see such a thing and the only chance we have this year to buy at a lower price. Obviously, this is gonna happen since we have not yet even reached the bitcoin halving and there is still some chance for the price to go down further which will create another chance for us to accumulate even more bitcoins. right now, most investors want to wait a little longer because they want to buy at a lower price and when that happens, surely the price will gonna rise up one again.

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March 17, 2024, 09:41:18 PM
 #71

The correction was expected. I had been waiting for that dump. Though I hadn't accumulated Bitcoin during that dump, I did accumulate some potential alts from the top list. Since the start of the bull run, we haven't encountered any major corrections at all. So this dump was expected before we started pumping it back. I feel this is the last correction, and we may see another ATH. Though we don't know from where it will be back again, assuming it is above $80K, we may see another pullback. After halving, we may see the major pumped that we can't imagine. 

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March 17, 2024, 11:55:06 PM
 #72

In response to the op, this is very well said, the current correction is a very good buying opportunity for anyone and those who really have been waiting for bitcoin to slow down a bit to ape in, I personally do not know how low bitcoin would go, so, I think now is still a very good time to open a position in the bitcoin investment.

It actually seems or looks bitcoin is beginning to recover, if I am not mistaken, the price went as low as $60,000 or a little below that, but right now, but for some hours, the price have been climbing very slowly and currently, it's selling at $68,000+, it's still a very good time for investors with strong ballz to ape in, considering the time that we are in, some have predicted that bitcoin will create a new all time high at around $300,000, but personally, I always say that $150,000 is still a very good price and more realistic.
So buying now and sell above $150,000 is indeed a lot of gain.

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March 18, 2024, 12:25:54 AM
 #73

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.
That could be truth because I have been watching it's move ever since it hit $73k it has ever gone beyond that level and it has dropped down to $65k several times just like when it was lower than this earlier and people where expecting to dip the more before buying and they become disappointed. One funny thing about bitcoin is that it does wait for anybody before it does what pleases it.just like you said, now is the best time for the dip and hold Family to buy because if it rises beyond this, it might not be good for them. But never the less in bitcoin journey no time is too low or too high meaning you can participate in buying the dip at any given time but will only affect you in the sence that you didn't buy when it was cheaper.
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March 18, 2024, 03:32:41 AM
 #74

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!

I love the energy and the confidence! This is honestly the best outlook to have so good on you OP. I sure hope you're right. We're all rooting for BITCOIN!!! LFG!!! I want to see the longest bull run in Bitcoin History here. I think we are off to a great start!

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March 18, 2024, 04:00:10 AM
Last edit: March 18, 2024, 04:15:25 AM by thecodebear
 #75

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!
As always, the rule “act against the market” is forgotten during the period when the price is rapidly rising. The right time to buy bitcoin is not “now,” but “yesterday”. Bitcoin has already grown significantly and we are at the top of the candle, which is why a strong pullback is possible, approximately equivalent to the growth that we saw. Need to approach investments by weighing actions, and not by being guided by the hype around and what OP write. If you listen to “faster-faster”, you will lose even faster.

There will still be opportunities for a successful purchase, and this is not the last reduction in the price of bitcoin.


huh?? You're really telling people not to buy the dip? lol thats kinda funny. I think you sorta missed what I was saying. I'm saying load up now on a dip BEFORE the hype leads to "faster-faster". Otherwise people WILL be buying in higher during the hype "faster-faster" part.

There won't be very many future days in which Bitcoin will be this low. We have a few days now, and these few days very well could be the last days during the bull run when prices are this low. And then we may get a few months of prices this low again in 18-24 months during the bottom of the next bear market. And that's it. But like I said, most people are probably going to be too scared when prices crash alllll the way back down to these prices during the bear market. So, like seriously people, time is extremely limited to get prices at these levels ($60,000s), so if you aren't buying now you won't ever have much chance to do so at these prices in the future.
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March 18, 2024, 04:15:00 AM
 #76

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!

I love the energy and the confidence! This is honestly the best outlook to have so good on you OP. I sure hope you're right. We're all rooting for BITCOIN!!! LFG!!! I want to see the longest bull run in Bitcoin History here. I think we are off to a great start!

haha thanks buddy. I wasn't actually trying to portray any sort of great energy and confidence. I was just being direct. This is the 4th bull market I've participated in. This is how Bitcoin works. The days of bitcoin in the $60,000s are extremely limited, cuz the bull run is just starting. Don't know how many days are left, nor how low it will go before the bull run takes price higher so that $60,000s on a dip are no longer possible, but it is extremely likely that anyone who has money sitting around but isn't buying now, you're just gonna be buying higher. Thus the advice to buy now during the dip. During bull runs dips is the time people should be buying, not during pumps.

People shouldn't be waiting for a specific price to hit on a dip, because that may never come. DCA the dip. I've made like 7 different small buys the past few days from $66,600 to $68,300. Meant to buy when the price was in the $65,000s last night as well but I was too tired to grab my laptop and fell asleep instead haha. I think there's a decent chance the price goes back up to $69k/$70k level tomorrow as ETF buying resumes, but I'm hoping for at least another day or two of $66k-$68k so I can make at least a couple more DCA buys.
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March 18, 2024, 04:39:10 AM
 #77

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.
What I observed is Bitcoin too strong right now, I remember the previous all-time high prices, and if it dumps or not to create a new all-time high again, we can see a massive consecutive dump without pullbacks, not like what we experienced 10% dump.

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March 19, 2024, 01:10:37 AM
 #78

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.
What I observed is Bitcoin too strong right now, I remember the previous all-time high prices, and if it dumps or not to create a new all-time high again, we can see a massive consecutive dump without pullbacks, not like what we experienced 10% dump.
And yeah, what I was waiting now is the dumping but indeed that Bitcoin is showing how strong and confident bitcoin is, not bringing dropping bad when we have seen each ATH braking that the value will dump in just a days or a week at least.
now here it is strongly holding 65k and above and that is just 8k lower than the recorded ATH meaning we are waiting for something good to happen before this halving comes.

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March 19, 2024, 01:28:54 AM
 #79

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.
What I observed is Bitcoin too strong right now, I remember the previous all-time high prices, and if it dumps or not to create a new all-time high again, we can see a massive consecutive dump without pullbacks, not like what we experienced 10% dump.
And yeah, what I was waiting now is the dumping but indeed that Bitcoin is showing how strong and confident bitcoin is, not bringing dropping bad when we have seen each ATH braking that the value will dump in just a days or a week at least.
now here it is strongly holding 65k and above and that is just 8k lower than the recorded ATH meaning we are waiting for something good to happen before this halving comes.
This is still the halving period which is only a few days away, so it is likely that prices will continue to strengthen. even though in the last few days it has experienced quite a deep correction. Let's just wait, after the halving, Bitcoin will print its latest ATH again.

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March 19, 2024, 01:56:13 AM
 #80

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!

I mean that could be true actually there are a lot of times, especially on Bullrun where the market price is just increasing to the moon, if we are going to actually enter the Bullrun market price could increase in just a small amount of time, its really possible then this could be the last time that we are going to see 60k$ if the Bullrun started it is going to stay more than that, there are always a possibility of reaching the 100k$ over time and that could stay its market price around that for months until the bear market comes.

You would never go wrong for sure buying the deep, even though it wasn't evident that the market was going to increase its market price or we are going to continue to increase not decrease buying the dip is always going to be the right thing to do most of the time, because you are buying in the market when it is on a discounted price. It wouldn't really going to matter as long as you are planning to hold for a long-term investment, this dip buying that you do is always going to be worth it, and going to make a guaranteed profit in the future.

It might be even better than DCA if you are only buying on the dip, discounted price on long-term investment is going to be a higher profit, unlike DCA your always buying whatever the price is, it is still going to be a guaranteed profit as long as you are going to sell on a higher market price, but buying at the right timing is going to be even better when it comes to profit in long term.

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March 19, 2024, 02:18:26 PM
 #81


Is this an investment idea or just a suggestion?Cryptocurrencies are volatile assets, and Bitcoin is one of them. If a coin is volatile either in a positive or negative direction; it can just boost or decrease the price within a period of hours or days. You might be correct in your predictions, but keep in mind that Bitcoin can still fall below $60k if the crypto market is down. 

hmm, But for now it is difficult to say whether Bitcoin will fall below from $60k or not as the Halving event is on the way and expected to happen in the next month of April and in my point of view we may see a correction after the Havling event and as you are saying Bitcoin can still fall below from $60k for that we have to wait and till that time we should enjoy Market sentiments. If we look at the historical chart we Bitcoin there we always have seen a correction on the Event of Halving. There we get the golden opportunity of buying back and filling the bags aggressively.

So I hope this Halving correction will also provide us the golden opportunity of buying again there we will accumulate more bitcoin according to our desire haha depending on the funds available. Well, I have booked some profit out of Bitcoin, and all that booking amount I would buy back again at the time of correction. according to you where do you expect bitcoin in the coming correction if happens? DYOR

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March 19, 2024, 02:20:49 PM
 #82

DCA. Dollar cost average. Spend 100 dollars a month every month. No last chance.

Throw some "shit" and see what sticks.
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March 19, 2024, 03:14:22 PM
 #83

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!

No one can predict if this is the last dip or it can go down much from here.

I think everyone should keep investing based on his capacity and risk taking ability. There is no benefit in trying to time the market. On the other hand, if you keep accumulating regular irrespective of peaks and corrections, you can store a good amount of bitcoin which will be very valuable in long term.
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March 19, 2024, 09:59:07 PM
 #84

In particular, the way the market is looking, I think that Bitcoin is going to make a correction very soon. Although I don't know how much better DIP we will get at this correction. But I don't think 68k is a good dip for buy and hold, it can only apply to day trader as a good dip. In 24 hours Bitcoin was the lowest at $66670. I am hoping that Bitcoin will go back around 50k for the next correction. Because I have a strategy where I sell some amount of bitcoins I hold at 56k to buy again at 50k. But then only the price of Bitcoin is coming upwards. But I am hoping that if bitcoin comes close to around 60k then I will buy btc again even with a loss of few dollars.

Though we can't be so sure that btc will go back at 50k, and it seems far-fetched for now, better weigh your options on how to invest on this very volatile market. BTC is quite earning good vibes these days, and so a lot of users, even noncrypto users are getting their interest to hold some satoshis. But don't follow the hype, you need to follow your own instincts and assess your financial capabilities.


If you keep waiting to see bitcoin falling on its dips, you might end up missing opportunity again to buy and hold. Don’t hold your funds because you are waiting for the perfect timing to invest again, but do DCA instead and continue to accumulate bitcoin regardless of its price. We can’t gain assurance from the movement of bitcoin, it might suddenly skyrocket again or it will continue to create price decline, none of us is certain about that. That’s why buy at the current price using DCA, and don’t ride with the hype as we really don’t know as to where this will lead us on.

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March 19, 2024, 10:09:34 PM
 #85

In particular, the way the market is looking, I think that Bitcoin is going to make a correction very soon. Although I don't know how much better DIP we will get at this correction. But I don't think 68k is a good dip for buy and hold, it can only apply to day trader as a good dip. In 24 hours Bitcoin was the lowest at $66670. I am hoping that Bitcoin will go back around 50k for the next correction. Because I have a strategy where I sell some amount of bitcoins I hold at 56k to buy again at 50k. But then only the price of Bitcoin is coming upwards. But I am hoping that if bitcoin comes close to around 60k then I will buy btc again even with a loss of few dollars.

Though we can't be so sure that btc will go back at 50k, and it seems far-fetched for now, better weigh your options on how to invest on this very volatile market. BTC is quite earning good vibes these days, and so a lot of users, even noncrypto users are getting their interest to hold some satoshis. But don't follow the hype, you need to follow your own instincts and assess your financial capabilities.


If you keep waiting to see bitcoin falling on its dips, you might end up missing opportunity again to buy and hold. Don’t hold your funds because you are waiting for the perfect timing to invest again, but do DCA instead and continue to accumulate bitcoin regardless of its price. We can’t gain assurance from the movement of bitcoin, it might suddenly skyrocket again or it will continue to create price decline, none of us is certain about that. That’s why buy at the current price using DCA, and don’t ride with the hype as we really don’t as to where this will lead us on.
Many of those that are relatively new to investing seem to have a problem to accept the truth that investing is inherently risky and there is no way to be completely sure of anything, so at some point they need to take a risk and invest in bitcoin, because if they were to wait for the perfect opportunity to buy it, they may not take advantage of it as they wait for the price to go even lower, they could get to scared to buy it or such a lower price may never happen, and in that case it is preferable for them to buy at a price that may not be optimal, but that will bring them high gains as long as they can hold their coins for a few months.

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March 19, 2024, 10:49:27 PM
 #86

In particular, the way the market is looking, I think that Bitcoin is going to make a correction very soon. Although I don't know how much better DIP we will get at this correction. But I don't think 68k is a good dip for buy and hold, it can only apply to day trader as a good dip. In 24 hours Bitcoin was the lowest at $66670. I am hoping that Bitcoin will go back around 50k for the next correction. Because I have a strategy where I sell some amount of bitcoins I hold at 56k to buy again at 50k. But then only the price of Bitcoin is coming upwards. But I am hoping that if bitcoin comes close to around 60k then I will buy btc again even with a loss of few dollars.

Though we can't be so sure that btc will go back at 50k, and it seems far-fetched for now, better weigh your options on how to invest on this very volatile market. BTC is quite earning good vibes these days, and so a lot of users, even noncrypto users are getting their interest to hold some satoshis. But don't follow the hype, you need to follow your own instincts and assess your financial capabilities.


If you keep waiting to see bitcoin falling on its dips, you might end up missing opportunity again to buy and hold. Don’t hold your funds because you are waiting for the perfect timing to invest again, but do DCA instead and continue to accumulate bitcoin regardless of its price. We can’t gain assurance from the movement of bitcoin, it might suddenly skyrocket again or it will continue to create price decline, none of us is certain about that. That’s why buy at the current price using DCA, and don’t ride with the hype as we really don’t as to where this will lead us on.
Many of those that are relatively new to investing seem to have a problem to accept the truth that investing is inherently risky and there is no way to be completely sure of anything, so at some point they need to take a risk and invest in bitcoin, because if they were to wait for the perfect opportunity to buy it, they may not take advantage of it as they wait for the price to go even lower, they could get to scared to buy it or such a lower price may never happen, and in that case it is preferable for them to buy at a price that may not be optimal, but that will bring them high gains as long as they can hold their coins for a few months.
Exactly. Even though there is a great risk now in buying bitcoin, the reward will be worth it. We,  or the community, believe that bitcoin still doesn't reach its highest peak. I mean, when the bull run comes, we may expect that bitcoin will break the internet as it will surge upward and reach another record-breaking ATH. And now that the correction is happening, what will the watchers do? Wait for more lower? I dont think so. Even though it is risky to buy bitcoin at $60k, there is an option of DCA, meaning don't put all your buys in one position; wait for the right moment at the right price tobuys in one position; wait for the right moment at the right price tobuys in one position; wait for the right moment at the right price to buy bitcoin. For example, now that bitcoin is at $63k, you could risk some of your funds in this position, and if the dip still continues, you can still buy an asset. In that way, you will have multiple positions below the market price, and imagine if a bitcoin bull run comes, it will be a huge reward. Anyway, its your own risk, just saying that this opportunity should not be missed.

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March 19, 2024, 11:46:04 PM
 #87

In particular, the way the market is looking, I think that Bitcoin is going to make a correction very soon. Although I don't know how much better DIP we will get at this correction. But I don't think 68k is a good dip for buy and hold, it can only apply to day trader as a good dip. In 24 hours Bitcoin was the lowest at $66670. I am hoping that Bitcoin will go back around 50k for the next correction. Because I have a strategy where I sell some amount of bitcoins I hold at 56k to buy again at 50k. But then only the price of Bitcoin is coming upwards. But I am hoping that if bitcoin comes close to around 60k then I will buy btc again even with a loss of few dollars.
One thing is certain, market correction is bound to happen. However, as to what price it will stop, that will remain uncertain. That is the reason why we should stick to DCA, at least with or without price correction, we’re still able to add more bitcoin in our portfolio which is the most important things, as bigger amount of bitcoin portfolio, the more massive our profits will be when bull run comes. I think a lot would agree to this, don’t wait for another dip but learn to buy now and accumulate.

R


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March 20, 2024, 02:01:58 PM
 #88

In particular, the way the market is looking, I think that Bitcoin is going to make a correction very soon. Although I don't know how much better DIP we will get at this correction. But I don't think 68k is a good dip for buy and hold, it can only apply to day trader as a good dip. In 24 hours Bitcoin was the lowest at $66670. I am hoping that Bitcoin will go back around 50k for the next correction. Because I have a strategy where I sell some amount of bitcoins I hold at 56k to buy again at 50k. But then only the price of Bitcoin is coming upwards. But I am hoping that if bitcoin comes close to around 60k then I will buy btc again even with a loss of few dollars.
One thing is certain, market correction is bound to happen. However, as to what price it will stop, that will remain uncertain. That is the reason why we should stick to DCA, at least with or without price correction, we’re still able to add more bitcoin in our portfolio which is the most important things, as bigger amount of bitcoin portfolio, the more massive our profits will be when bull run comes. I think a lot would agree to this, don’t wait for another dip but learn to buy now and accumulate.

We see an overwhelming pump for past few months so a correction is expected to happen that's why this scenario should need to look at by new people who want to enter trading in the market since they might get shaken up with current situation and it can affect their decision to hold and lose their money.

Although we see something crazy correction happen still this is the best time to accumulate since we already see some deep reverse already and also we maybe can see a good recover especially that many people now are starting to hype the halving event and the count down for this event is spreading on any social media networks so for sure that scenario can contribute for bitcoin price to recover or pump back again.

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March 20, 2024, 03:20:44 PM
 #89

In particular, the way the market is looking, I think that Bitcoin is going to make a correction very soon. Although I don't know how much better DIP we will get at this correction. But I don't think 68k is a good dip for buy and hold, it can only apply to day trader as a good dip. In 24 hours Bitcoin was the lowest at $66670. I am hoping that Bitcoin will go back around 50k for the next correction. Because I have a strategy where I sell some amount of bitcoins I hold at 56k to buy again at 50k. But then only the price of Bitcoin is coming upwards. But I am hoping that if bitcoin comes close to around 60k then I will buy btc again even with a loss of few dollars.
One thing is certain, market correction is bound to happen. However, as to what price it will stop, that will remain uncertain. That is the reason why we should stick to DCA, at least with or without price correction, we’re still able to add more bitcoin in our portfolio which is the most important things, as bigger amount of bitcoin portfolio, the more massive our profits will be when bull run comes. I think a lot would agree to this, don’t wait for another dip but learn to buy now and accumulate.
market corrections are common and often bound to happen after a significant increase in prices. Waiting for another dip might cause you to miss out on opportunities. While prices could potentially go lower, there's also a chance they may not. Trying to perfectly time the market can be difficult, so consider investing your available funds at regular intervals. This strategy can help reduce the risk of mistiming the market.

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March 20, 2024, 05:15:46 PM
 #90

I would say, don’t panic guys. It’s alright if you miss this dip. Bitcoins are a coin which will eventually grow in long run. Hence, whenever you have funds and want to buy the coin, just buy it irrespective of the price. Next if you hold the Bitcoins for 4 years, then definitely you will see a large profit in it. Don’t run for dips and get your into depressions and anxiety. Bitcoins are way more valuable than the current price, in which they are listed. Just keep hope in the coins and do the investment.

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March 20, 2024, 09:57:17 PM
 #91

Whether it is the last chance or not, still we need to buy with some faith. As an investor, we should think wisely and never get into such a thing when doubted, or else, this will be the reason for our regrets. We don't need to urge ourselves to buy this time if we are uncertain, there is another bear season after this.
But for the risk-takers, then I think we have to consider the current correction. We are not yet in the new ATH, therefore, we really have the chance to earn a profit. Of course, that was different from buying Bitcoin during the dip. For newcomers, must think deeply and keep the volatility in mind before deciding to invest.

R


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March 20, 2024, 10:04:31 PM
 #92

Whether it is the last chance or not, still we need to buy with some faith. As an investor, we should think wisely and never get into such a thing when doubted, or else, this will be the reason for our regrets. We don't need to urge ourselves to buy this time if we are uncertain, there is another bear season after this.
But for the risk-takers, then I think we have to consider the current correction. We are not yet in the new ATH, therefore, we really have the chance to earn a profit. Of course, that was different from buying Bitcoin during the dip. For newcomers, must think deeply and keep the volatility in mind before deciding to invest.
actually doesn't care about new or old investors. If you want to buy Bitcoin, just buy it straight away without thinking about current market conditions. Because we are talking about investment, of course there will be no investors who will sell their coins in the short term. most investors will definitely take steps to sell long term. That is what is of concern and it is impossible that Bitcoin will continue to fall in the future, it will definitely always rise, especially as many new investors put their money here.

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March 21, 2024, 02:33:27 AM
 #93

Whether it is the last chance or not, still we need to buy with some faith. As an investor, we should think wisely and never get into such a thing when doubted, or else, this will be the reason for our regrets. We don't need to urge ourselves to buy this time if we are uncertain, there is another bear season after this.
But for the risk-takers, then I think we have to consider the current correction. We are not yet in the new ATH, therefore, we really have the chance to earn a profit. Of course, that was different from buying Bitcoin during the dip. For newcomers, must think deeply and keep the volatility in mind before deciding to invest.
actually doesn't care about new or old investors. If you want to buy Bitcoin, just buy it straight away without thinking about current market conditions. Because we are talking about investment, of course there will be no investors who will sell their coins in the short term. most investors will definitely take steps to sell long term. That is what is of concern and it is impossible that Bitcoin will continue to fall in the future, it will definitely always rise, especially as many new investors put their money here.

There still a big difference though, as new investors doesn't know when to enter or when to buy obviously they don't have the experience. And most of them could sell as well when the market goes down. Just like what we've seen from $73k and it goes down to $62k and most likely some newbies sold.

But then again, with that dip, smart investors could be the winner as they know how to play this game. Now we have a good bounce, to $68k and it seems that we might go after $70k again as the bulls are really aggressive this month alone.

R


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March 21, 2024, 04:11:45 AM
 #94

Buy the dip people!!! Could be last chance for prices this low yes I agree with this because in my opinion the price could be dip seeking their last resistance zone and now support zone or demand area at 60K level or the worse scenario is back to 50K according to my daily candlestick.

Tho another opinion it is the best to buy is altcoin because there is plenty of room to grow other than ETH because they still cheap in my opinion from their last All time high

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March 21, 2024, 11:07:29 AM
 #95

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!

It's such a shame that most people are actually fidgeting and selling their holdings cause of fear or panic from loses than to take advantage of this deep and add more to their holdings, I personally feel those that sell might end up buying higher cause right now bitcoin is beginning to gain and surely they might not buy now that we have a Dip or rather they might be waiting for a much lower dip like maybe 59k, but this is sure the lowest the market can go and its better they buy now than wait even further.

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March 21, 2024, 12:40:49 PM
 #96

I grabbed 0.05 at 61-62k

I have some more set in case we retreat more.

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March 21, 2024, 01:12:47 PM
 #97

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.


This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.


So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!

No one can predict if this is the last dip or it can go down much from here.

I think everyone should keep investing based on his capacity and risk taking ability. There is no benefit in trying to time the market. On the other hand, if you keep accumulating regular irrespective of peaks and corrections, you can store a good amount of bitcoin which will be very valuable in long term.

Exactly, bitcoin is unpredictable, so how can we say that the most recent correction was the last time we bought bitcoin at a lower price? I even believe that after the halving, we will have other halvings and we will have plenty of time to accumulate bitcoin before the bull season comes. But predictions are just predictions, there is no guarantee that what we predict will definitely happen. So I agree with you that we should accumulate bitcoins according to our ability and follow our plans, we should not listen to anyone because neither they nor we know what the future will bring.

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March 21, 2024, 09:55:17 PM
 #98

Whether it is the last chance or not, still we need to buy with some faith. As an investor, we should think wisely and never get into such a thing when doubted, or else, this will be the reason for our regrets. We don't need to urge ourselves to buy this time if we are uncertain, there is another bear season after this.
But for the risk-takers, then I think we have to consider the current correction. We are not yet in the new ATH, therefore, we really have the chance to earn a profit. Of course, that was different from buying Bitcoin during the dip. For newcomers, must think deeply and keep the volatility in mind before deciding to invest.
actually doesn't care about new or old investors. If you want to buy Bitcoin, just buy it straight away without thinking about current market conditions. Because we are talking about investment, of course there will be no investors who will sell their coins in the short term. most investors will definitely take steps to sell long term. That is what is of concern and it is impossible that Bitcoin will continue to fall in the future, it will definitely always rise, especially as many new investors put their money here.

There still a big difference though, as new investors doesn't know when to enter or when to buy obviously they don't have the experience. And most of them could sell as well when the market goes down. Just like what we've seen from $73k and it goes down to $62k and most likely some newbies sold.

But then again, with that dip, smart investors could be the winner as they know how to play this game. Now we have a good bounce, to $68k and it seems that we might go after $70k again as the bulls are really aggressive this month alone.
We all know that yesterday's decline was caused by the ETF market selling a lot of Bitcoin. We are also aware that the investors in the ETF are relatively new to bitcoin and even the transition from investing in the stock market. so they still don't know how volatile the crypto market is compared to the stock market. when they see the narrative that bitcoin is bad and the price has dropped quite far, they still don't know what really happened. so many sell the bitcoins they already have. Moreover, this is still in the bitcoin halving session which will soon occur. So yesterday's price drop was just a bit of shock therapy before Bitcoin printed its latest ATH again.

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March 23, 2024, 02:46:34 PM
 #99

Definitely buy the dip, halving time is always best time for smart traders. There is rapid volatility during this time. Everyone should buy as much BTC as possible before US markets open on Monday and Blackrock and other ETFs buy Bitcoin from Grayscale for cheap. Price will rise anyways after halving so risk is minimal.
Buy, without a doubt, but do it with care because if the market tends to be more volatile during these times, the volatility can drag it in any direction and it isn't guaranteed to just go up from that. The dip can always get extended if there is a major sell-off from both retail and industrial investors because one would surely think of taking profit if they see the market declining to a point where their profits will reduce by a lot.

So those who are buying the dip should make sure that they are not investing all their liquid assets in one go because that can be a mistake in case the price of Bitcoin goes lower than the expected areas and then there would be nothing left to buy more because lower means more assets for the same price.

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Sunderland
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March 23, 2024, 03:14:25 PM
 #100

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.

This is the time to buy before the bull run really gets going. This MIGHT be the lowest it gets. While a deeper fall during this correction, or another correction in the near future, is certainly possible, this might also be as low as it gets. After the near future, the only time it might get this low again is in like two years on the next bear market, and these prices may be the bottom of the bear market.

So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!

Yes, because the prospect of Bitcoin prices is still far from its peak, but I dont agree if you say this is the last opportunity to buy Bitcoin at the current price.
I think the price of Bitcoin will fluctuate drastically this year, it is unlikely that all big whales or Institutionals will miss the opportunity to take short term profits after the halving.
The level of confidence in Bitcoin is getting higher, so even if whales/institutional sell some of their holdings, they will buy it back to aim another short term profits or filling their bags for a long term investment.


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Mahanton
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March 23, 2024, 03:23:08 PM
 #101

Whether it is the last chance or not, still we need to buy with some faith. As an investor, we should think wisely and never get into such a thing when doubted, or else, this will be the reason for our regrets. We don't need to urge ourselves to buy this time if we are uncertain, there is another bear season after this.
But for the risk-takers, then I think we have to consider the current correction. We are not yet in the new ATH, therefore, we really have the chance to earn a profit. Of course, that was different from buying Bitcoin during the dip. For newcomers, must think deeply and keep the volatility in mind before deciding to invest.
actually doesn't care about new or old investors. If you want to buy Bitcoin, just buy it straight away without thinking about current market conditions. Because we are talking about investment, of course there will be no investors who will sell their coins in the short term. most investors will definitely take steps to sell long term. That is what is of concern and it is impossible that Bitcoin will continue to fall in the future, it will definitely always rise, especially as many new investors put their money here.

There still a big difference though, as new investors doesn't know when to enter or when to buy obviously they don't have the experience. And most of them could sell as well when the market goes down. Just like what we've seen from $73k and it goes down to $62k and most likely some newbies sold.

But then again, with that dip, smart investors could be the winner as they know how to play this game. Now we have a good bounce, to $68k and it seems that we might go after $70k again as the bulls are really aggressive this month alone.
We all know that yesterday's decline was caused by the ETF market selling a lot of Bitcoin. We are also aware that the investors in the ETF are relatively new to bitcoin and even the transition from investing in the stock market. so they still don't know how volatile the crypto market is compared to the stock market. when they see the narrative that bitcoin is bad and the price has dropped quite far, they still don't know what really happened. so many sell the bitcoins they already have. Moreover, this is still in the bitcoin halving session which will soon occur. So yesterday's price drop was just a bit of shock therapy before Bitcoin printed its latest ATH again.

When it comes to decline then here's possible things that might happen behind;

1. ETF sell off
2. Whales sell off
3. Negative news/fundamentals
4. Random/Ordinary day drops
5. Cycle patterns/Technical approach

This is why it would really be that so hard for us to tell on whats the real reason on why we are really that experiencing drops and this is where our assumptions would really be
basing up into the experiences that we do have in the past on which it is hard to tell on whats the actual reason. Price drops could happen anytime
and this is why it would really be that important that you should have reserved fund or USDT for you to be able to get or buy into those dips
on which it would be best for you to get in to maximize profitability.

R


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March 23, 2024, 04:00:48 PM
 #102

Exactly, bitcoin is unpredictable, so how can we say that the most recent correction was the last time we bought bitcoin at a lower price? I even believe that after the halving, we will have other halvings and we will have plenty of time to accumulate bitcoin before the bull season comes. But predictions are just predictions, there is no guarantee that what we predict will definitely happen. So I agree with you that we should accumulate bitcoins according to our ability and follow our plans, we should not listen to anyone because neither they nor we know what the future will bring.
Everyone who continues to plan on something and continues to collect Bitcoins on their own when there is a price correction is quite common. Because each of us does it with our own capital so obviously there is no need to hear more about what other people say even though there are so many predictions that have been said now. However, the current price is certainly slightly lower than the highest price achieved this month so it wouldn't be wrong if everyone wanted to continue accumulating from now on Bitcoin.

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March 23, 2024, 04:17:30 PM
 #103

Exactly, bitcoin is unpredictable, so how can we say that the most recent correction was the last time we bought bitcoin at a lower price? I even believe that after the halving, we will have other halvings and we will have plenty of time to accumulate bitcoin before the bull season comes. But predictions are just predictions, there is no guarantee that what we predict will definitely happen. So I agree with you that we should accumulate bitcoins according to our ability and follow our plans, we should not listen to anyone because neither they nor we know what the future will bring.
Everyone who continues to plan on something and continues to collect Bitcoins on their own when there is a price correction is quite common. Because each of us does it with our own capital so obviously there is no need to hear more about what other people say even though there are so many predictions that have been said now. However, the current price is certainly slightly lower than the highest price achieved this month so it wouldn't be wrong if everyone wanted to continue accumulating from now on Bitcoin.
What you say is very correct, of course each person has a different plan in collecting their Bitcoins and when a price correction occurs of course this is very possible and there are some people who sell because of their needs and there are also those who take advantage of this situation to collect more than usual because prices are decreasing.

Those who take advantage of this opportunity to collect Bitcoin will of course be able to enjoy profits when the price increases later, we can choose to take advantage of this decrease to collect more Bitcoin which will be very useful for our future and we don't have to think about what other people think. say with the capital we use to buy Bitcoin.

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March 25, 2024, 02:27:46 PM
 #104

Bitcoin has gone up $2000 in the past 30 minutes. Maybe there is some news I haven't seen yet?? But almost back to $70k now. Could be that this correction is ending soon. Like I said in my opening message, the past 10 days have been some of the lowest prices we'll ever see from here on out (perhaps only getting back down that low for a few months next bear market). Past 10 days have been a fantastic time to buy. I made a bunch of small DCA purchases during the dip. Hope you all took my advice and did the same! It won't be very long until everyone is wishing they could have bought as low as the $60,000s.
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March 25, 2024, 02:40:05 PM
 #105

I grabbed 0.05 at 61-62k

I have some more set in case we retreat more.

Dang nice grab right near the bottom!

I managed to do ten tiny 0.0025 btc buys during this dip for .025 total, with my lowest couple of buys right at $63k. Would have loved to buy a ton more this dip but could only reasonably use a couple thousand dollars right now. This dip was likely the last chance to buy at prices that won't be much higher than the next bear market bottom. Was the perfect time to buy on a solid correction just as the bull market is starting.


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March 25, 2024, 04:05:34 PM
 #106

So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!
I would not say that this is the last chance to buy Bitcoin because Bitcoin is a volatile cryptocurrency that can rise and fall in price at any time. But if I evaluate my prospects for the future, it is also worth buying from the current price. None of us can predict the future, but looking at Bitcoin's history can give us an idea. For those waiting for a dip in Bitcoin, it may be difficult to get a dip as predicted. If Bitcoin reaches this $69k to $100k target then those looking for dips will have nothing to do but watch. Moreover, not everyone will get the opportunity to buy from Deep. Those who are lucky might get it. But those who believe in Bitcoin must try to exploit every dip. Just as those who missed the opportunity when Bitcoin was 3K will regret it, those who refrained from buying Bitcoin at current prices will regret it for a while.

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March 25, 2024, 09:18:29 PM
 #107

Well I think someone has already said something similar to this, but here's the thought.
You shouldn't wait for dips to buy Bitcoin. It isn't a rule. If you're serious about acquiring Bitcoin, you'll buy whenever, now Bitcoin whales are still on it doing their 'whaling'. There's the DCA method for those who can't purchase units of btc (1btc, 2 btc .. )
Waiting for dips alone to purchase btc, in my opinion is not taking it seriously, a waste of time and lack of vision. If you're enthusiastic enough, dips won't be your only motivation to accumulate bitcoins, because there are those buying even beyond the dips.
There is a limited supply of bitcoins that can ever exist, with a total cap of 21 million. Currently, around 19 million bitcoins have been mined and are in circulation, leaving approximately 2 million left to be mined.
With that information in mind, it's to your own detriment if you are only waiting for dips to buy while whales are at it with thousands.
Buy Bitcoin now, even at the current rate, and during dips,buy more
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March 25, 2024, 11:23:27 PM
 #108

Well I think someone has already said something similar to this, but here's the thought.
You shouldn't wait for dips to buy Bitcoin. It isn't a rule. If you're serious about acquiring Bitcoin, you'll buy whenever, now Bitcoin whales are still on it doing their 'whaling'. There's the DCA method for those who can't purchase units of btc (1btc, 2 btc .. )
Waiting for dips alone to purchase btc, in my opinion is not taking it seriously, a waste of time and lack of vision. If you're enthusiastic enough, dips won't be your only motivation to accumulate bitcoins, because there are those buying even beyond the dips.
There is a limited supply of bitcoins that can ever exist, with a total cap of 21 million. Currently, around 19 million bitcoins have been mined and are in circulation, leaving approximately 2 million left to be mined.
With that information in mind, it's to your own detriment if you are only waiting for dips to buy while whales are at it with thousands.
Buy Bitcoin now, even at the current rate, and during dips,buy more


The point isn't to ONLY buy on dips. The point is to BUY ON THE DIPS. Dips literally mean the price is lower than it was. Anyone who gets scared of dips and stops buying during dips or even sells during dips is only hurting themselves "a lack of vision". Since we are heading into a bull market the dip (that seems to be finishing up now since price is back to $70k) is likely the lowest price we'll see until bottom of the next bear market. It'd be a pretty bad strategy to not take advantage of it.

Hope you bought the dip! Smiley
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March 26, 2024, 04:37:41 AM
 #109

more precisely the last time to buy before the halving. You can see that now the price of Bitcoin has risen again and is back above $70k, and it's possible that yesterday's price drop was the last chance to buy before the halving. but I will not talk about the next 18-24 months or beyond because after the halving ends and enters a bearish phase the price of bitcoin has the potential to fall below the current price.

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March 26, 2024, 08:49:22 AM
 #110

I would say, don’t panic guys. It’s alright if you miss this dip. Bitcoins are a coin which will eventually grow in long run. Hence, whenever you have funds and want to buy the coin, just buy it irrespective of the price. Next if you hold the Bitcoins for 4 years, then definitely you will see a large profit in it. Don’t run for dips and get your into depressions and anxiety. Bitcoins are way more valuable than the current price, in which they are listed. Just keep hope in the coins and do the investment.
Buying the dips is a strategic way of buying Bitcoin, however, it is not for everyone because it requires knowledge and experience from someone to be able to do that accurately and effectively. If someone knows they can't do it, it is better for them to simply do DCA and buy with a specific amount after a certain period which is what you suggested.

There is no doubt that the price of Bitcoin tends to grow higher over time, but if someone can analyse the market and track its movements, they might be able to get more volume for less value which is a great thing because it can maximize one's profits in the long run if they buy and hold their assets long enough.

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May 07, 2024, 07:03:25 PM
 #111

Quote from: Nrcewker
I would say, don’t panic guys. It’s alright if you miss this dip. Bitcoins are a coin which will eventually grow in long run. Hence, whenever you have funds and want to buy the coin, just buy it irrespective of the price. Next if you hold the Bitcoins for 4 years, then definitely you will see a large profit in it. Don’t run for dips and get your into depressions and anxiety. Bitcoins are way more valuable than the current price, in which they are listed. Just keep hope in the coins and do the investment.
If you miss this $63k to buy BTC, I guess the price will still dump more than this in this season before the bull run will take place in the market because there are some researchers that came out early this year to advise people not to rush to buy BTC in this season.

Based on the condition of the market price right now, show that the price will still dump like last two years, but it will not dump below $20k this year before the price will begin to pump to make people feel comfortable with their hodling until it hit $100k before people can start selling to make profits.

Just be patience with the market price, the price will dump to your level where you can used big money to buy BTC and hodl for long before you can sell.

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May 07, 2024, 07:40:48 PM
 #112

Bitcoin is currently undergoing a correction back to the $60,000s. Around $68k now, got down to $66k.
I think the data by now you should have known that bitcoin price is not suitable indecence that the price come increase today and within a next 2 minutes the price will also decreases that has been a network of Bitcoin right from the day one bitcoin has been introduced or launched far back 2009 so bitcoin price is something I do tell people not to predict because the prediction is unsuitable and the prediction is unpredictable value of bitcoin decreasing from the point your mentioned to another point that is to show you how powerful is the market sometimes when some people is making speculation that price for bitcoin will hit 100,000 before end of this year you don't need to argue them when you have known the systematic way of Bitcoin approach because it is obvious the price of Bitcoin decreases and also increases based on 80428 and value.

So anyone who has money sitting on the sidelines and who wants to buy Bitcoin, today is gonna likely be one of the lowest days we're gonna see for at least the next 18-24 months, and maybe forever! Buy!

I expect the little bullrun we see should be able to teach many a lesson to quickly take advantage of making investment in bitcoin, the best time is now, it has given the opportunity to make new investors come into the network and invest, this may be the last time we can see it at this low for now, when we fully launched into the bullrun in proper, the market is going to be more volatile than ever and there will be more highs than lows, this is the right time for DCA for the sake of those that are investing now or have done that already.
it is obvious that some persons doesn't like to utilize the opportunity or Bitcoin when the opportunity comes because when looking at it you can see that the price of Bitcoin increase and later the price of Bitcoin decreases so any opportunity Bitcoin has given you try to utilize it if you are a good investor but you should not be curious to invest in Bitcoin when you have not carry out your proper research because sometimes you may invest in Bitcoin thinking that the price of Bitcoin will be increasing and you are going to make a profit at that moment probably the price of Bitcoin mighty disappoint you based on the market determinant.

I don't think $68k is the deep, we saw some days ago how it went down to $61, and at any moment it could have a massive crash, is about a wale deciding to sell a big amount to send it down to $40k, remember there are some early investors who are holding a big amount of BTC, and if any of them decide to sell then the markets will be in pain.

Feels like the party is over, the right way to buy in the deep was 1 year ago when price were down to $16k.
at this point in time I believe that if you want to invest in Bitcoin you should know the actual time and the price Bitcoin will you find itself before you invest in Bitcoin sometimes we don't like to invest in Bitcoin when the price is going high and good investors like to invest in Bitcoin when the price is getting low so for now we have experienced a lot of increment in Bitcoin so there is no way bitcoin will a decrease to 16,000 in value.

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May 07, 2024, 07:51:07 PM
 #113

Quote from: Nrcewker
I would say, don’t panic guys. It’s alright if you miss this dip. Bitcoins are a coin which will eventually grow in long run. Hence, whenever you have funds and want to buy the coin, just buy it irrespective of the price. Next if you hold the Bitcoins for 4 years, then definitely you will see a large profit in it. Don’t run for dips and get your into depressions and anxiety. Bitcoins are way more valuable than the current price, in which they are listed. Just keep hope in the coins and do the investment.
If you miss this $63k to buy BTC, I guess the price will still dump more than this in this season before the bull run will take place in the market because there are some researchers that came out early this year to advise people not to rush to buy BTC in this season.

Based on the condition of the market price right now, show that the price will still dump like last two years, but it will not dump below $20k this year before the price will begin to pump to make people feel comfortable with their hodling until it hit $100k before people can start selling to make profits.

Just be patience with the market price, the price will dump to your level where you can used big money to buy BTC and hodl for long before you can sell.

We arent that still too far off after the halving event on which if we do base up on the history then the extreme dump that we had been able to experience way back is something that much more deeper with that 63k dip but well everything is really that still speculative on which there's no way that we could really be able to tell that there would really be a similar situation on which we could be able to see in the current
market cycle that we are seeing. We might or might not be able to see those dips again or there might be even more ahead. We do know that this market is really that a roller coaster ride on which it would be
just that normal that there would really be those kind of approach on which you would be connecting on what happened in the past will be happening in the future on which its a common impression
and you cant blame out people on not to have those kind of references and tending to do and wait up for the same thing.

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May 07, 2024, 08:09:25 PM
 #114

I don't think $68k is the deep, we saw some days ago how it went down to $61, and at any moment it could have a massive crash, is about a wale deciding to sell a big amount to send it down to $40k, remember there are some early investors who are holding a big amount of BTC, and if any of them decide to sell then the markets will be in pain.

Feels like the party is over, the right way to buy in the deep was 1 year ago when price were down to $16k.
at this point in time I believe that if you want to invest in Bitcoin you should know the actual time and the price Bitcoin will you find itself before you invest in Bitcoin sometimes we don't like to invest in Bitcoin when the price is going high and good investors like to invest in Bitcoin when the price is getting low so for now we have experienced a lot of increment in Bitcoin so there is no way bitcoin will a decrease to 16,000 in value.

I'm not sure about your statement, there are some scenarios where bitcoin could have a massive drop in the price. What if the Winklevoss twins decide to sell their bitcoins, for sure that would drop the price on a huge scale, and not only the Winklevoss twins can do that, there are some other whales who can do the same. Imagine Satoshi Nakamoto comes back and decides to sell his 1 million Bitcoin, which could send the price under $10k.

So, there are some scenarios where bitcoin could hardly crash.

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May 08, 2024, 12:11:03 PM
 #115

I would say, don’t panic guys. It’s alright if you miss this dip. Bitcoins are a coin which will eventually grow in long run. Hence, whenever you have funds and want to buy the coin, just buy it irrespective of the price. Next if you hold the Bitcoins for 4 years, then definitely you will see a large profit in it. Don’t run for dips and get your into depressions and anxiety. Bitcoins are way more valuable than the current price, in which they are listed. Just keep hope in the coins and do the investment.
Buying the dips is a strategic way of buying Bitcoin, however, it is not for everyone because it requires knowledge and experience from someone to be able to do that accurately and effectively. If someone knows they can't do it, it is better for them to simply do DCA and buy with a specific amount after a certain period which is what you suggested.

There is no doubt that the price of Bitcoin tends to grow higher over time, but if someone can analyse the market and track its movements, they might be able to get more volume for less value which is a great thing because it can maximize one's profits in the long run if they buy and hold their assets long enough.
Yes, we just buy if we think this is the right time and don't if we think we already have enough BTC balance in our wallet. We may think this is another opportunity before the next new ATH but have asked ourselves as well if we still need it.

DCA is acknowledged as a good buying strategy but of course, we also consider our funds limits. Investing does not just talk about buying opportunities but also, considers our funds as well. Many people make mistakes in managing their funds which is why it is very important to know our limitations and make certain of our plan and budgeting.

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May 08, 2024, 06:13:33 PM
 #116

more precisely the last time to buy before the halving. You can see that now the price of Bitcoin has risen again and is back above $70k, and it's possible that yesterday's price drop was the last chance to buy before the halving. but I will not talk about the next 18-24 months or beyond because after the halving ends and enters a bearish phase the price of bitcoin has the potential to fall below the current price.

That was not a last chance and I will say that there are lots of chances with us but sometimes we are not capable of investing in Bitcoin due to lack of money or due to our mistakes that we are waiting for in order to find another better opportunity when the price will be lower than current.

Some people were in thoughts that halving will move the price to the moon in just one day but such a situation does not happen. Now the price is lower than 70k$ and now is the better time to grab some Bitcoin or altcoins but people are again making mistakes by thinking that now the bull season has ended but they don't remember that all the time this price will not remain in the dump phase so they can easily get profit but due to their fear they are losing this opportunity too.



 

 

 

 

 

 


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May 08, 2024, 11:25:03 PM
 #117

more precisely the last time to buy before the halving. You can see that now the price of Bitcoin has risen again and is back above $70k, and it's possible that yesterday's price drop was the last chance to buy before the halving. but I will not talk about the next 18-24 months or beyond because after the halving ends and enters a bearish phase the price of bitcoin has the potential to fall below the current price.

That was not a last chance and I will say that there are lots of chances with us but sometimes we are not capable of investing in Bitcoin due to lack of money or due to our mistakes that we are waiting for in order to find another better opportunity when the price will be lower than current.

Some people were in thoughts that halving will move the price to the moon in just one day but such a situation does not happen. Now the price is lower than 70k$ and now is the better time to grab some Bitcoin or altcoins but people are again making mistakes by thinking that now the bull season has ended but they don't remember that all the time this price will not remain in the dump phase so they can easily get profit but due to their fear they are losing this opportunity too.
True. There will always be chances to invest in bitcoin, but the problem is that it’s hard to raise an amount if you want to make it big in bitcoin accumulation. But no worries, DCA is the key. In time, you will still end up earning a huge amount if you do it consistently. Also, if you miss out the opportunity to buy at a lower price, I guess it will never be a wrong timing to buy even at a higher price, as long as your intention is to hold it for long term, that way you won’t be panicking every time there is price correction. Just keep this reminder, always take a calculated risk, so you won’t end up losing and regretting.

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