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Buy the dip people!!! Could be last chance for prices this low
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Topic: Buy the dip people!!! Could be last chance for prices this low (Read 878 times)
AmoreJaz
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Re: Buy the dip people!!! Could be last chance for prices this low
March 16, 2024, 07:42:16 PM
Last edit: March 16, 2024, 08:09:53 PM by AmoreJaz
#61
Quote from: Crypto Library on March 16, 2024, 06:19:35 PM
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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Re: Buy the dip people!!! Could be last chance for prices this low
March 16, 2024, 07:49:13 PM
#62
Quote from: thecodebear on March 15, 2024, 01:50:58 PM
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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Re: Buy the dip people!!! Could be last chance for prices this low
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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Orpichukwu
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Re: Buy the dip people!!! Could be last chance for prices this low
March 16, 2024, 09:58:15 PM
#64
Quote from: thecodebear on March 15, 2024, 01:50:58 PM
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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Re: Buy the dip people!!! Could be last chance for prices this low
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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Re: Buy the dip people!!! Could be last chance for prices this low
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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Re: Buy the dip people!!! Could be last chance for prices this low
March 17, 2024, 03:59:10 PM
#67
Quote from: thecodebear on March 15, 2024, 01:50:58 PM
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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Re: Buy the dip people!!! Could be last chance for prices this low
March 17, 2024, 06:25:10 PM
#68
Quote from: Essential10 on March 16, 2024, 05:02:22 AM
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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Re: Buy the dip people!!! Could be last chance for prices this low
March 17, 2024, 07:03:52 PM
#69
Quote from: AmoreJaz on March 16, 2024, 07:42:16 PM
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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Re: Buy the dip people!!! Could be last chance for prices this low
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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Re: Buy the dip people!!! Could be last chance for prices this low
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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Re: Buy the dip people!!! Could be last chance for prices this low
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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Re: Buy the dip people!!! Could be last chance for prices this low
March 18, 2024, 12:25:54 AM
#73
Quote from: thecodebear on March 15, 2024, 01:50:58 PM
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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Re: Buy the dip people!!! Could be last chance for prices this low
March 18, 2024, 03:32:41 AM
#74
Quote from: thecodebear on March 15, 2024, 01:50:58 PM
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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Re: Buy the dip people!!! Could be last chance for prices this low
March 18, 2024, 04:00:10 AM
Last edit: March 18, 2024, 04:15:25 AM by thecodebear
#75
Quote from: m2017 on March 15, 2024, 04:28:49 PM
Quote from: thecodebear on March 15, 2024, 01:50:58 PM
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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Re: Buy the dip people!!! Could be last chance for prices this low
March 18, 2024, 04:15:00 AM
#76
Quote from: tread93 on March 18, 2024, 03:32:41 AM
Quote from: thecodebear on March 15, 2024, 01:50:58 PM
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.
GreatArkansas
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Re: Buy the dip people!!! Could be last chance for prices this low
March 18, 2024, 04:39:10 AM
#77
Quote from: thecodebear on March 15, 2024, 01:50:58 PM
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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kotajikikox
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Re: Buy the dip people!!! Could be last chance for prices this low
March 19, 2024, 01:10:37 AM
#78
Quote from: GreatArkansas on March 18, 2024, 04:39:10 AM
Quote from: thecodebear on March 15, 2024, 01:50:58 PM
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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arjunmujay
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Re: Buy the dip people!!! Could be last chance for prices this low
March 19, 2024, 01:28:54 AM
#79
Quote from: kotajikikox on March 19, 2024, 01:10:37 AM
Quote from: GreatArkansas on March 18, 2024, 04:39:10 AM
Quote from: thecodebear on March 15, 2024, 01:50:58 PM
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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Asuspawer09
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Re: Buy the dip people!!! Could be last chance for prices this low
March 19, 2024, 01:56:13 AM
#80
Quote from: thecodebear on March 15, 2024, 01:50:58 PM
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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