Buy the dip people!!! Could be last chance for prices this low

[adzino]

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.

[1714262231]

1714262231

[1714262231]

1714262231

[Alana Arden]

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.

[Fuso.hp]

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.

[Essential10]

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.

[Volimack]

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.

[Don Pedro Dinero]

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.

[sunsilk]

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.

[Bd officer]

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.

[thecodebear]

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   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.

[Y3shot]

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.

[heslylamba]

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.

[LogitechMouse]

~
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. 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.

[philipma1957]

~

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? 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. 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***.

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

[Zoomic]

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.

[BITDV]

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.

[amishmanish]

--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   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.

[Ndabagi01]

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.

[qwertyup23]

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.

[Crypto Library]

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.

[Lanatsa]

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.