Is It Time to Buy More BTC?

[Belarge]

Investing in Bitcoin is not a wrong decision whatever the condition is. We just think and in fact, we have observed that the Bitcoin price is continuously growing which only means one thing, it will pump more in the coming years.

However, a good investment plan should be practiced and started in a good position in the market. I think the accumulation should be done during a market correction, not the bull season. In fact, that is a part of market analysis, and why I say it is a good idea to do this during the bear season because as we can see, a lot of people have invested now but they sell during price corrections due to FOMO.

The market do makes corrections which involves the long bullish and bearish candles, and that's the exact time to consider making good entries on these crypto projects, I know it's not easy but some risks are worth trying. Fear Of Missing Out will grabbed one to trigger the unexpectedly action in the space. Now is definitely not the right time to bagged pieces of bitcoin because stacking a whole 1 bitcoin is huge and consider the standards of most of these traders, it's quite advisable to always do the needful in the space.

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[Issa56]

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.

When you want to invest in bitcoin, always make sure you do your reach first, don’t follow what other people predict before investing, but no matter how low bitcoin price goes, am sure some people won’t still invest in bitcoin, people like you won’t still invest. All what I will tell you is that, you won’t be able to catch bitcoin at the bottom, it won’t be possible for you to buy bitcoin at the lowest price, the best thing is do your research, and if you think bitcoin price is kind of low then you can invest.

If your intention to invest and hold bitcoin for a long period of time, little bitcoin price movement shouldn’t disturb you, the only people that should be disturbed if bitcoin price pumps or dumps a little bit are people that are holding for short time, but long term bitcoin investors shouldn’t be worried.

[ultrloa]

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.

Depends of your intention and level of your understanding on current situation. So maybe try to know your main intention before accumulating so that you can possibly figure out some strategy we could apply once we are ready to gain profit with it. But its good that you already consider that there's a chances that you might lose so maybe just prepare on other consequences that if you buy there's a chance that you can earn or lose. But make sure you have back up funds so if the price dump you can decide to accumulate again and let the bought balance at high price sleep and wait for perfect time to sell it.

[2Pizza410000BTC]

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.

Bitcoin Hits All-Time High, But Price Drops Again. The way it started to go down I thought Bitcoin would re-enter the $50,000 range. My bitcoin and ethereum holdings dropped a lot and my portfolio went down a lot but I wasn't worried at all because I invested in the bitcoin DCA method and the ethereum I bought was at a much lower price. Only DCA method is suitable for buying Bitcoin because when Bitcoin came to $60000 many people thought that Bitcoin will fall further and they didn't invest from 60000 and the market came back to $68000. So it is very difficult to analyze the market and buy correctly so it is always better to use DCA method for investing.

[Cryptomultiplier]

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.

Depends of your intention and level of your understanding on current situation. So maybe try to know your main intention before accumulating so that you can possibly figure out some strategy we could apply once we are ready to gain profit with it. But its good that you already consider that there's a chances that you might lose so maybe just prepare on other consequences that if you buy there's a chance that you can earn or lose. But make sure you have back up funds so if the price dump you can decide to accumulate again and let the bought balance at high price sleep and wait for perfect time to sell it.

Since there's the availability of the knowledge of DCA strategy already established by our OP, it is good for the awareness on how to properly store the coins in a safe wallet be imbibed or inculcated in him. Also, how to triple check before the confirmation order of any transaction is okayed.
This is so as to avoid mistakes that might be costly to the DCA journey hopefully started of which might be more hurtful than having to loss all coins due to wrong trade decisions or price drop due to market volatility.

With discipline, the best time to buy BTC is still now. DCA strategy is great to maintain a good portfolio and get wealthy within a decade, and what's better is to have a good offline wallet with key phrases safely tucked away from scavengers.

[DaNNy001]

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.

For me I feel every opportunity that present it self in a period like this is a good one and by that I meant the DIP that comes with the price value. Many Bitcoin enthusiast still believe we are currently not in the real bull market yet but I think I would like to beg the differ because the rate of the pumping can't be seen and ignore so I believe every and any opportunity that the price dumbs is the best time to buy and also the best to do. Don't hesitate Because this is not the type of market that would house a serious decline in the price so no matter what you do just remember that the bull pushes more forward Than price dip

[Maslate]

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.

When you want to invest in bitcoin, always make sure you do your reach first, don’t follow what other people predict before investing, but no matter how low bitcoin price goes, am sure some people won’t still invest in bitcoin, people like you won’t still invest. All what I will tell you is that, you won’t be able to catch bitcoin at the bottom, it won’t be possible for you to buy bitcoin at the lowest price, the best thing is do your research, and if you think bitcoin price is kind of low then you can invest.

If your intention to invest and hold bitcoin for a long period of time, little bitcoin price movement shouldn’t disturb you, the only people that should be disturbed if bitcoin price pumps or dumps a little bit are people that are holding for short time, but long term bitcoin investors shouldn’t be worried.

Know when to invest, regardless of its price, bitcoin offers every price worth investing. Most especially if you are into long term investing and hodling, then the more that you should practice buying every now and then as long as you have available funds to buy. Don’t worry if there is price decline, that’s normal for a volatile market, and as long as you never sell at a low position, you will be never be at loss.

My advice is to accumulate bitcoin through DCA. Do not wait for the perfect timing to invest in the market, that is hard to predict, but always do DCA so you can maximize storing bitcoin in your portfolio regardless of its current price. In the end, you’ll be the one to gain huge profits and benefit from it.

[aoluain]

I hope the OP and anyone else who could managed to buy Bitcoin at the discounted price
of $63k to $67k rather than waiting for it to go further and/or trying to time the absolute
bottom?

The market can move so quickly, it can move $2k in such a short period of time, its not a
major issue if buying $100 but when buying $1000+ just do it before missing out.

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.

For me I feel every opportunity that present it self in a period like this is a good one and by that I meant the DIP that comes with the price value. Many Bitcoin enthusiast still believe we are currently not in the real bull market yet but I think I would like to beg the differ because the rate of the pumping can't be seen and ignore so I believe every and any opportunity that the price dumbs is the best time to buy and also the best to do. Don't hesitate Because this is not the type of market that would house a serious decline in the price so no matter what you do just remember that the bull pushes more forward Than price dip

and we just witnessed a great opportunity to buy Bitcoin

I find it hard to believe that some people dont realise we are indeed in a bull market

[Hyphen(-)]

When you want to invest in bitcoin, always make sure you do your reach first, don’t follow what other people predict before investing, but no matter how low bitcoin price goes, am sure some people won’t still invest in bitcoin, people like you won’t still invest. All what I will tell you is that, you won’t be able to catch bitcoin at the bottom, it won’t be possible for you to buy bitcoin at the lowest price, the best thing is do your research, and if you think bitcoin price is kind of low then you can invest.

I believe the OP is confused; he is unsure of what to do and when to do it.
It appears that he/she intended to get additional Bitcoin but was waiting for the price to drop; I am wondering where he/she was when the Bitcoin price fell a few months ago.

This is simply a correction period, which is usual in the Bitcoin market. It is also time to buy more when you have money to add to your bags, but the price will not be as low as you hope because Bitcoin's halving is approaching and the price must rise.

If your intention to invest and hold bitcoin for a long period of time, little bitcoin price movement shouldn’t disturb you, the only people that should be disturbed if bitcoin price pumps or dumps a little bit are people that are holding for short time, but long term bitcoin investors shouldn’t be worried.

Exactly; long term investors are not after little price fluctuations, they mostly buy at any price because they know what Bitcoin is now and what it will become in the future. DCA method is enough to buy as much Bitcoin as possible.

[Russlenat]

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.

Depends of your intention and level of your understanding on current situation. So maybe try to know your main intention before accumulating so that you can possibly figure out some strategy we could apply once we are ready to gain profit with it. But its good that you already consider that there's a chances that you might lose so maybe just prepare on other consequences that if you buy there's a chance that you can earn or lose. But make sure you have back up funds so if the price dump you can decide to accumulate again and let the bought balance at high price sleep and wait for perfect time to sell it.

I would make things clearer for you, yes this is the best time to invest and accumulate more bitcoin in the market while bitcoin halving and bull run are not happening yet. Whether your intention is to hold bitcoin for short term or long term, still there is left opportunity in the market to buy bitcoin at its current since it’s certain that bitcoin price will reach another peak price when bull run enters the market. At least if you decide to sell right then, you will not endure losses but sure profits. However, I suggest go for long term investing with bitcoin. Know that bitcoin has a lot of potentials to grow more in the market, which also means that you will still make greater chances to stay in profits when that time comes.

[Bournesparks]

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
 

BTC currently is around 67k when typing this. I guess buying the dip isn't a bad idea after all. Zero fees on the exchange sounds nice...😎

[Iamcrypticguy]

When you want to invest in bitcoin, always make sure you do your reach first, don’t follow what other people predict before investing, but no matter how low bitcoin price goes, am sure some people won’t still invest in bitcoin, people like you won’t still invest. All what I will tell you is that, you won’t be able to catch bitcoin at the bottom, it won’t be possible for you to buy bitcoin at the lowest price, the best thing is do your research, and if you think bitcoin price is kind of low then you can invest.

I believe the OP is confused; he is unsure of what to do and when to do it.
It appears that he/she intended to get additional Bitcoin but was waiting for the price to drop; I am wondering where he/she was when the Bitcoin price fell a few months ago.

This is simply a correction period, which is usual in the Bitcoin market. It is also time to buy more when you have money to add to your bags, but the price will not be as low as you hope because Bitcoin's halving is approaching and the price must rise.

If your intention to invest and hold bitcoin for a long period of time, little bitcoin price movement shouldn’t disturb you, the only people that should be disturbed if bitcoin price pumps or dumps a little bit are people that are holding for short time, but long term bitcoin investors shouldn’t be worried.

Exactly; long term investors are not after little price fluctuations, they mostly buy at any price because they know what Bitcoin is now and what it will become in the future. DCA method is enough to buy as much Bitcoin as possible.

If you're truly bullish on BTC, You won't mind healthy corrections.. cos it'll definitely go up. But I understand OP's point, he saw an opportunity and want to leverage it especially the zero trading fees he talked about. Will prolly check it out myself..

[SeriouslyGiveaway]

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.

No one will know how much Bitcoin price will adjust and then continue to increase. I think the drop of Bitcoin's price this time is a good opportunity for those who have not yet bought Bitcoin or continue to allocate for their cumulative purchases. When Bitcoin price approaches the old peak of 69k USD, the adjustment is very normal, it is quite similar to the period when Bitcoin approached the peak of 20k in 2020. After that, the price only decreased a little and then continued the strong growth cycle later. This morning's Fed meeting on interest rates in 2024 was quite clear on interest rate cuts, which I think will continue to support the upward trend of assets like gold and Bitcoin. Don't get too hung up on every percentage drop in price and then miss the strong growth ahead. I suppose that this is still a good time to buy.

[hd49728]

If whales are considered as entities that manipulate the market, if they are still buying, we as retail investors, can follow them and buying, if we have investment capital for purchasing more.

The Bitcoin bull run is at early months of this cycle and if history won't be changed, like this cycle will be shorter than previous cycles, we still have many months ahead for the bull run and Bitcoin did not make its peak in this cycle.

Keep buying and wait for signals from whales to sell your bitcoin.

[BuyingBitcoin]

Buying the dip and buying anytime before the halving works every time. Play the math.

[arjunmujay]

If whales are considered as entities that manipulate the market, if they are still buying, we as retail investors, can follow them and buying, if we have investment capital for purchasing more.

The Bitcoin bull run is at early months of this cycle and if history won't be changed, like this cycle will be shorter than previous cycles, we still have many months ahead for the bull run and Bitcoin did not make its peak in this cycle.

Keep buying and wait for signals from whales to sell your bitcoin.

can you tell us how to spot whales who are selling their bitcoins?
I also think whales will not sell the BTC they already have. I'm sure they will continue to buy to increase their bitcoin assets. Maybe for now only miners are taking their mining profits before the halving occurs.

[Ben Barubal]

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.

     Well, to be honest, many of our communities at these times are taking advantage of buying bitcoin. For me, it is true that we need to take advantage of the fact that somehow we buy with the budget we have, or it depends on others who want to buy other cryptos besides Bitcoin.

     Especially if you are a big believer in Bitcoin, you don't need to ask others here; instead, you will buy and buy every time you have the opportunity to buy Bitcoin, no matter what its price is at the moment, because you will hold it for a long time. This is just my assessment and opinion.

[Bananington]

It's always the right time starting now if you intend to own btc investment for a time without wanting anyone to know about it or perhaps it is no bother if anyone knows.

Once one has had the knowledge of BTC and has done their own research on how to buy some BTC and keep them, what's stopping them from owning some, might be due to unnecessary FUD or FOMO that are being speculated or about the fact that it was the intention to trade only and not save.
There are still more coins to be mined and more halvings to experience. Perhaps the oncoming halving in April should be able to educate alot of us who are still new and have only been observing how things turn out, to grow tough skin and use any strategy we decide on to HoDL.

DCA strategy will require at least almost up to a decade to be very ripe, a lot of discipline, a good wallet, an income source and privacy discretion, in order for it to work effectively.

[Solokan]

A few days ago of course we saw extraordinary price movements of BTC and we didn't expect it to be able to print a new ATH and this proves that BTC is a good future asset and your words are very true, even though BTC's price fell a lot in the short term, but Long term history proves that BTC always rises high and forms a new ATH and we have seen it a few days ago. So the point is that it is true that long-term investment in BTC is the most suitable, but of course there is always risk and we must be prepared for the risks that BTC poses.

Currently the price of BTC is correcting and in my opinion it is suitable for those who want to accumulate Bitcoin, but in my opinion it would be more suitable to wait for BTC to correct further so that our can get more BTC. But of course in this case our have to have your own stance because it is difficult to predict the movement of BTC prices, so if for example our want to accumulate BTC, I don't think there is a problem as long as our intend to invest long term in BTC.

But of course, for those who want to accumulate BTC, we have to monitor the news and other things so that we can predict market movements and be able to buy BTC at the right time.

However, because the BTC halving is approaching, in my opinion, accumulating BTC for the long term can be said to be suitable because BTC has the potential to continue to rise, but of course it is not free from risks.

[leonair]

If whales are considered as entities that manipulate the market, if they are still buying, we as retail investors, can follow them and buying, if we have investment capital for purchasing more.

The Bitcoin bull run is at early months of this cycle and if history won't be changed, like this cycle will be shorter than previous cycles, we still have many months ahead for the bull run and Bitcoin did not make its peak in this cycle.

Keep buying and wait for signals from whales to sell your bitcoin.

can you tell us how to spot whales who are selling their bitcoins?
I also think whales will not sell the BTC they already have. I'm sure they will continue to buy to increase their bitcoin assets. Maybe for now only miners are taking their mining profits before the halving occurs.

Yes bitcoin again reach previous ATH but now btc drop some couple of thousands dollers but it happen for correction purpose so bitcoin price will pump again and it have a high possibility to make a high ATH like $100k or more then $100k so who have the ability to invest on bitcoin for long term they should invest money on bitcoin for long tearm till the enjoy a smart profit. and i think bitcoin is able to give profit for long term holding. I am not giving any financial advice stay truth