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Author Topic: Buy the dip people!!! Could be last chance for prices this low  (Read 880 times)
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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