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Author Topic: Buy the dip people!!! Could be last chance for prices this low  (Read 812 times)
Hamza2424
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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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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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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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Assface16678
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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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Nrcewker
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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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dansus021
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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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arjunmujay
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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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