Is It Time to Buy More BTC?

[R1dwanRz]

I've been watching with interest as Bitcoin has pulled back over the past week after hitting new highs. Part of me wants to accumulate more while the price is down, but I also wonder if we may see it drop further in the short term.

Well there are good arguments on both sides. On one hand, the long-term outlook for Bitcoin remains very bullish as adoption increases. Even major institutions continue entering space, and trends like halvings may lead to new all-time highs over the coming years. But on other hand, factors like the upcoming Fed meeting could continue to bring volatility in the short-term.

I also think this price drop may present a good buying opportunity for someone looking to DCAing and I'm also looking to buy more BTC especially since BTC's price is low and there's zero fees on Bitget. Of course, as with any investment, only put in what you can afford to lose. 

So, even if it dips further short-term, history tells us Bitcoin tends to go up in the long run.

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[Davidvictorson]

You asked a question and get what is in my opinion an excellent answer. The Fed has nothing on Bitcoin. Price volatility will continue but remember that some days ago Bitcoin reached an ATH. And it's going back there.

You are right, in the long run the only way for Bitcoin to go is up.

And of curse of you can do not put your bitcoin accumulation on pause. It's obvious that there are going to be more entrants into the market and they in addition to the halving will push the price further up.

[m2017]

I've been watching with interest as Bitcoin has pulled back over the past week after hitting new highs. Part of me wants to accumulate more while the price is down, but I also wonder if we may see it drop further in the short term.

Well, then satisfy the desire of "part of me" to buy bitcoin. Buy part of bitcoin (using part of your funds).

Well there are good arguments on both sides. On one hand, the long-term outlook for Bitcoin remains very bullish as adoption increases. Even major institutions continue entering space, and trends like halvings may lead to new all-time highs over the coming years. But on other hand, factors like the upcoming Fed meeting could continue to bring volatility in the short-term.

Buying bitcoin with part of your funds (half) will solve this problem with the “to buy or not to buy” dilemma. If bitcoin rolls back, you will lose only part of the amount and with the rest you can buy bitcoin at a cheap price. If bitcoin rises in price even more, then multiply your money (partially). Even though you only invest part of your money, you will still make a profit. There is no need to be greedy and try to earn (increase) with all your money.

I also think this price drop may present a good buying opportunity for someone looking to DCAing and I'm also looking to buy more BTC especially since BTC's price is low and there's zero fees on Bitget. Of course, as with any investment, only put in what you can afford to lose. 

I am a proponent of the idea that should invest with the goal of winning, not losing.

So, even if it dips further short-term, history tells us Bitcoin tends to go up in the long run.

Well then why are you asking that question from the topic title? In the long term, now is the best time to buy bitcoin.

[Nwada001]

I've been watching with interest as Bitcoin has pulled back over the past week after hitting new highs. Part of me wants to accumulate more while the price is down, but I also wonder if we may see it drop further in the short term.

Every time is the right time to buy bitcoin, as long as you have the money you want to use, and the purpose of buying will play a major role in deciding if you are to buy or not. So you should not debate if you are to buy or not unless you have plans of not holding for long and are in search of quick profit.
 
Every little dip in Bitcoin price presents a new buying opportunity for those who want to dive into the market. You don't need to wait for it to get dipper before you can buy because you might never see it at that expect downward price as of the time you want it instead it might make a reverse and the market will start going up.

[Hatchy]

So, even if it dips further short-term, history tells us Bitcoin tends to go up in the long run.

Definitely mate, this isn't even the time to ask such questions but time to get into actions. Anyone who wishes to accumulate Bitcoin and has been awaiting a dip, this is the chance. Though we might still experience a little more dip, but this is the period where you get to buy more using Any method you so choose to. The halving is already very close and as expected before, a correction in the price of Bitcoin.
I've also been awaiting the dip since I also wanted to accumulate more Bitcoins and enough just before the bull run. Though some might say the bull run is here but to me that's just the start. What it did at the beginning of march, we are likely to see even more just slightly after the halving in April.

[GideonGono]

I've seen this question or been asked about it so many times since Bitcoin drops down after hitting it's ATH.
Is the dip or price drop our last chance to buy it at a low price?
For me there would always be a price correction whenever the price jumps high, most of us are expecting it to go back up again and climb higher, but we don't know when would that start.

[Princess Leah]

I've been watching with interest as Bitcoin has pulled back over the past week after hitting new highs. Part of me wants to accumulate more while the price is down, but I also wonder if we may see it drop further in the short term.

Well there are good arguments on both sides. On one hand, the long-term outlook for Bitcoin remains very bullish as adoption increases. Even major institutions continue entering space, and trends like halvings may lead to new all-time highs over the coming years. But on other hand, factors like the upcoming Fed meeting could continue to bring volatility in the short-term.

I also think this price drop may present a good buying opportunity for someone looking to DCAing and I'm also looking to buy more BTC especially since BTC's price is low and there's zero fees on Bitget. Of course, as with any investment, only put in what you can afford to lose.

So, even if it dips further short-term, history tells us Bitcoin tends to go up in the long run.

It came at a suprise to many how Bitcoin exceed the point it was earlier this year to set an ATH, I believe a lot of experts expected a bear season this month, but the height it got took everyone by suprised, well left for me I expected it to get above the recent ATH but since there's a correction before another retrace, in my opinion I feel this is the time for people to acquire more, cause Bitcoin might still reach a new ATH before the month's end or later by next month.

 A lot of people out fear would had made mistake of selling, well they made their choice, it's best known to then but I think to make up for that my advice is that they should acquire more BTC. Like you mentioned more institutions are coming into the market and also based on the halving Bitcoin would definitely set a new ATH, knowing that alone should trigger you to buy more instead of contemplating you should seize this opportunity and acquire as much BTC as you can.

 Bitget has already given you a zero fees opportunity to take advantage of the market before it sets another ATH and I also love the fact that you're aware that based on BTC's volatility, one should only put what they can afford to lose, which means you've already got some knowledge of how the market operates
 

[bots1]

No one knows for sure whether it is the right time to buy or not because the crypto market moves so fast. Recently Bitcoin experienced a decline after reaching a new ATH level, but it seems that this decline is only temporary as the Halving is getting closer. But if you believe that Bitcoin will experience a long-term increase during the halving, maybe this is the right time to buy and hold it until the halving occurs. All decisions are in our hands, therefore, never make decisions rashly, always monitor market conditions so that you can make the right decision.

[Bobrox]

After dropping drastically since raise the new ATH price, I think right now is the best time for buy more bitcoin since near future with halving and potential for bitcoin increasing more than 30% to 50%. I think all investor on scared position right now after bitcoin price dropping until $60k yesterday, but don't blame with potential near future halving always has good moment for bitcoin get recovery to higher price.
I have spent all my fund last three days ago and believing with bitcoin potential will break out to the higher price and believing the new ATH will raise in next few days later.
If you free money spend few percent to buy more bitcoin right now and left around 50% for accumulating later if bitcoin will get correction, but small chance bitcoin will have another lower price after dropping more than 15% since raise the new all time high price above $73k.

[Samlucky O]

I've been watching with interest as Bitcoin has pulled back over the past week after hitting new highs. Part of me wants to accumulate more while the price is down, but I also wonder if we may see it drop further in the short term.

Well there are good arguments on both sides. On one hand, the long-term outlook for Bitcoin remains very bullish as adoption increases. Even major institutions continue entering space, and trends like halvings may lead to new all-time highs over the coming years. But on other hand, factors like the upcoming Fed meeting could continue to bring volatility in the short-term.

You are not a good investor mate, already btc has hit a new ATH before it fell back, and it was a right time for you to buy the dip. waiting for it to dip more is procrastination method that has made many never to invest. Btc is very volatile and there is an assurance that it will go back to the new ATH so needless of waiting for it to dip more. You might wait forever and it may never dip to your choice and when it's up you think it's too high to buy keeping you in a state of confusion between buy and not buy. If you were ready to buy perhaps by now you should have bought it, rather you chose to bring it here instead of buying, well its your choice. But I were you I would have bought when it was dip.

I also think this price drop may present a good buying opportunity for someone looking to DCAing and I'm also looking to buy more BTC especially since BTC's price is low and there's zero fees on Bitget. Of course, as with any investment, only put in what you can afford to lose.

Like I said before you should have bought it. What we really want to hear is that you bought when it was low as a DIP and HODL, DCA or lump sum strategy. Like me am not really happy reading this because opportunity of investing in btc when there is a big dip should not be taken for granted.

[crwth]

Having this kind of volatility and a recent price dip makes it a good buy in the long term. If you believe that Bitcoin is going to go higher in the long term, this is a great opportunity to buy in. With all the interest being seen with the recent happenings with ETFs and institutional investors, it would be a great idea to have more. The coming halving would also give us more hope with the chance of having more.

I believe also that DCAing on to BTC is the best way to have a profit. Believe in it and you know that you gave it your all.

[YOSHIE]

So, even if it dips further short-term, history tells us Bitcoin tends to go up in the long run.

Bitcoin always provides new hope for its users, this can be seen from time to time, those who are involved in the crypto world, many of them are experiencing financial changes, For this reason, whatever we see now is not the end of everything, my understanding is that Bitcoin currently has a good chance of achieving victory in the future.

I think Bitcoin is currently still worth considering, the new ATH has happened, but the halving based on speculation and predictions has not yet happened, meaning there is still a lot of hope for crypto users to do something.
The point is: belief, if you feel like you don't have a chance right now, don't do anything for Bitcoin and if you believe of course this is an opportunity, what should you do for yourself, the point is that Bitcoin never disappoints those who have it.

[Lucius]

I've been watching with interest as Bitcoin has pulled back over the past week after hitting new highs. Part of me wants to accumulate more while the price is down, but I also wonder if we may see it drop further in the short term.
~snip~

The part of you that wants to invest should do it now, the other part should wait for an even lower price and we'll see which part was right

Joking aside, I think that every opportunity should be used, including this one that has appeared now, but the question is always whether there will be a new, even better opportunity. Perhaps it is best to calculate how much money you will actually save if the price drops another 10-15% compared to today, because if you buy for very small amounts, then the savings will not be significant.

[kryptqnick]

I mean, to be honest, the price is still fairly high. Who knows, maybe it'll get lower soon before getting even higher. I feel like now may not be the best time to buy, considering how high the price is to the record high one. That being said, if one's planning to hold Bitcoin long-term, the current price is still probably great because there's a lot more potential growth of Bitcoin in the future.
If we're talking about DCA, sticking to the routine and buying at current price if the time has come based on a schedule one follows makes sense to me. But that's different from making a one-time decision to invest right now.

[LibraryAnn]

Is It Time to Buy More BTC?

I suggest a strong 60% Yes. It is always a good idea to save some funds and place orders well below the current market. If you put ~60% of available new funds in now, and also target lower prices, you will be in a great position.

[SamReomo]

So, even if it dips further short-term, history tells us Bitcoin tends to go up in the long run.

Yes, go with the history and invest in it because this could be the last chance for the ones who want to accumulate Bitcoin. If another rally continues then this time we may see Bitcoin over $80k value, but in short-term there's a chance to see further dips in the price of Bitcoin.

I believe all such dips are opportunities for the ones who want to accumulate more Bitcoin. Even if you don't earn much profits but you can expect to earn at least 50% to 100% profit within few months. I expect Bitcoin to reach at least $100k within 1 and half year, and if that happens then still you will earn more than 50% profit.

[pinggoki]

Anytime is a good time to buy bitcoin buddy, the real question is, "Is this the right time to buy more bitcoin than your usual purchase?" Because that's more better since it implies that you're already doing the right thing which is buying bitcoin so you can continue accumulating and hodling that bitcoin for the long-term profit. With that question, it's also much better since you can further improve your decision since people are going to give out a more diverse but much better than just answering yes it's better to buy now blah blah blah.

In regards to your question though, that first sentence is probably a good answer but if I were to answer what I've proposed you should've asked, I'd say that it's not the time to buy more because it's not yet maximized value and you don't want to do that, the price will probably continue to dump so it's better to be buying in a consistent pattern through DCA right now rather than putting more, there's more opportunities to come anyway.

[Furious 7]

If you are confident in btc and can still afford to buy it then do it because asking things like this is endless where when every increase there will definitely continue to be the same question about the same context which seems to create a limit where we are not too sure that btc is worth buying.

Now the price is starting to regress again compared to before where btc has exceeded the price of $70k, meaning that it is still very worth it to buy btc before a new increase arrives for them.
But on the other hand, it should be noted that in this case you can buy if you can afford to buy and not impose a will that you cannot do.

Bitcoin is sometimes one of the good things for us to have but we also need to be aware of the risks so don't push too hard when we can't buy bitcoin because this is done with great risk so don't risk something you can't afford to lose because after all we need to know the risk of bitcoin is still very large.

[Charles-Tim]

If you can continue to DCA, this time is good to buy more. But the market is not in bull run for now but bull market is still coming.

I also think this price drop may present a good buying opportunity for someone looking to DCAing and I'm also looking to buy more BTC especially since BTC's price is low and there's zero fees on Bitget. Of course, as with any investment, only put in what you can afford to lose. 

Is Bitget not an exchange? The zero fee that you meant is the trading fee or the withdrawal fee? I have not seen an exchange which makes bitcoin withdrawal fee to be zero and the exchanges are making money from their users because they charge far enough than it is required for onchain transactions.

[Bushdark]

Is It Time to Buy More BTC?

I suggest a strong 60% Yes. It is always a good idea to save some funds and place orders well below the current market. If you put ~60% of available new funds in now, and also target lower prices, you will be in a great position.

The price of Bitcoin is not going green like we used to see few days ago and this looks like a good time for those that are still interested to buy Bitcoin to hold for a better time. I don't really know why the price of Bitcoin is ranging and not showing any improvements for now but soon I believe the halving would be a good time everyone of us would be happy that we are holding Bitcoin and wouldn't want to sell.

For those that have Bitcoin before now, I think they are lucky to be holding even when the price gets to 50k, they couldn't sell at all and still hi holding till now after the price had reached 73k and falls to 63k now. I believe the price of Bitcoin is going to be bullish soon and everyone would be happy to hold and keep holding.