Alpha Marine
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March 26, 2024, 06:24:46 AM |
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I hope you bought it when the price was around $64k. Waiting for Bitcoin to get to $50k now before you buy is not a very smart thing. I think we were lucky to see bitcoin go down to 60k+ recently, that was an opportunity for people to have money to buy. Ev a $70k, it is still not a bad price to buy because if you look at the trajectory of Bitcoin, it is almost certain that you'll get at least 30% of your investment this year.
I doubt Bitcoin will get to $50k again soon because with halving around the corner, it is speculated that the price will keep going up. Even if the price will dip again, I doubt it will go below $60k. With DCA, you might be able to buy Bitcoin at good prices and maximize your profit.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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shinratensei_
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March 26, 2024, 06:40:02 AM |
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I hope you bought it when the price was around $64k. Waiting for Bitcoin to get to $50k now before you buy is not a very smart thing. I think we were lucky to see bitcoin go down to 60k+ recently, that was an opportunity for people to have money to buy. Ev a $70k, it is still not a bad price to buy because if you look at the trajectory of Bitcoin, it is almost certain that you'll get at least 30% of your investment this year.
I doubt Bitcoin will get to $50k again soon because with halving around the corner, it is speculated that the price will keep going up. Even if the price will dip again, I doubt it will go below $60k. With DCA, you might be able to buy Bitcoin at good prices and maximize your profit.
in my opinion bitcoin will never go below $60k again as you said not until this bullrun finished we all know that people have learned the pattern, when the price dipping around the date when halving is just right on the corner people already know that the sudden dipping is just a sign of an even bigger rally thats why there are people readying money to bag bitcoin and as a result the recent price dipping wasn't really that impactful and could recover quite rather easily. i'm sure how bitcoin gonna move will differ this time around, but one thing for sure is that the price might get into the point of $100k because so many people are bullish, institutions are bullish, even the ETF are selling like a hot cakes. its overall good scenery for bitcoin in my thinking, but we will see, if we truly want to profit at the peak, be a diamond hand, i've learnt from my experience being a paper hand will do no good even more so for investment like bitcoin.
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Hallroom
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March 26, 2024, 06:47:53 AM |
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For those of you out there who are planning on buying more coins like me when the market dips, have you guys set a target price where you will buy?
The price has not yet reached what is ideally the price I would want to buy bitcoin in despite its recent decline and I am wondering if will bitcoin still go down to at least $50k?
Investments must be planned, without planning you will face losses. Because you need to plan how long-term your investment will be, maybe for a few years, for a few months, and for a few weeks. But of course, if Bitcoin enters the deep market, I will buy Bitcoin for sure.
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justdimin
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March 26, 2024, 08:21:31 AM |
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For those of you out there who are planning on buying more coins like me when the market dips, have you guys set a target price where you will buy?
The price has not yet reached what is ideally the price I would want to buy bitcoin in despite its recent decline and I am wondering if will bitcoin still go down to at least $50k?
of course bitcoin will go back down but we don't know that price and when it will happen, today we are on the way to halving, the price will get positive sentiment and of course the increase is more visible from here, but I am quite sure that bitcoin will experience a correction, because to build a reasonable trend structure of course corrections will always be in an effort to increase prices on bitcoin. I have not determined the buy area for a possible decline, but the price you set is quite logical and can be reached by bitcoin, still this depends on how bitcoin runs where it is going, if we are in mega parabolic price for $50k it could be difficult to reach if bitcoin is more than $100k before halving. That's the thing about it, we need to consider what's going to change or what's going to stay the same. We can't possibly know when it will go down or how it will go down or when it will go down, but we can assume that it will go down. Knowing that alone makes no difference because we do not know when it will, so we can't sell beforehand, if we knew when it would go down then we would be able to sell before it goes down and could end up buying it back when it hits bottom, but since we do not know the timing of it, we just don't do it. I hope that people could just hold, just because of that reason, because it will always end up higher too, so holding it makes more sense to me and will make you a lot more money in the end.
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Kliss
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March 26, 2024, 09:28:03 AM |
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For those of you out there who are planning on buying more coins like me when the market dips, have you guys set a target price where you will buy?
The price has not yet reached what is ideally the price I would want to buy bitcoin in despite its recent decline and I am wondering if will bitcoin still go down to at least $50k?
It's hard to predict the Bitcoin future prices with certainty. Bitcoin market can be quite volatile and prices can fluctuate based on on various factors. Constantly waiting for the price to go lower can lead to indecision and missed opportunities, buying bitcoin regardless of the current price can indeed be profitable if you believe in it's future growth. You can start to accumulate using DCA strategy at a rate that fits your budget comfortably, as long as you DCA effectively and consistently, rather than waiting for bitcoin DIP to your preferable targets. DCA is a peaceful way to invest in bitcoin, if it DIPs you can still adjust it by buying more frequently or in larger amounts.
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aoluain
Legendary
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March 26, 2024, 11:20:28 AM |
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I hope you bought it when the price was around $64k. Waiting for Bitcoin to get to $50k now before you buy is not a very smart thing. I think we were lucky to see bitcoin go down to 60k+ recently, that was an opportunity for people to have money to buy. Ev a $70k, it is still not a bad price to buy because if you look at the trajectory of Bitcoin, it is almost certain that you'll get at least 30% of your investment this year.
I doubt Bitcoin will get to $50k again soon because with halving around the corner, it is speculated that the price will keep going up. Even if the price will dip again, I doubt it will go below $60k. With DCA, you might be able to buy Bitcoin at good prices and maximize your profit.
in my opinion bitcoin will never go below $60k again as you said not until this bullrun finished we all know that people have learned the pattern, when the price dipping around the date when halving is just right on the corner people already know that the sudden dipping is just a sign of an even bigger rally thats why there are people readying money to bag bitcoin and as a result the recent price dipping wasn't really that impactful and could recover quite rather easily. i'm sure how bitcoin gonna move will differ this time around, but one thing for sure is that the price might get into the point of $100k because so many people are bullish, institutions are bullish, even the ETF are selling like a hot cakes. its overall good scenery for bitcoin in my thinking, but we will see, if we truly want to profit at the peak, be a diamond hand, i've learnt from my experience being a paper hand will do no good even more so for investment like bitcoin. I agree also as do the majority that Bitcoin is not going back to $60k and lower but there are some who believe it will and are holding out for that time while in the meantime the markets are going in the opposite direction! For those of you out there who are planning on buying more coins like me when the market dips, have you guys set a target price where you will buy?
Nope, not setting any targets to buy, I buy whenever I can and practice DCA and if I have something extra when there is a correction I buy then also. I dont hold cash to buy at lower prices than today. I have learned a long time ago that the markets dont always go in the direction I hope they do. I'm not a trader and I dont have the time to scrutinise the markets for hours per day. I just buy when i can because in the long run I will be in profit.
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Alpha Marine
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March 26, 2024, 12:23:38 PM |
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I agree also as do the majority that Bitcoin is not going back to $60k and lower but there are some who believe it will and are holding out for that time while in the meantime the markets are going in the opposite direction!
Well, everyone has his/her speculations based on how they predict the market. Halving is in about 20 days, so how do they think the price will go lower than $50k any time soon? This year's bull run has been massive. See how Bitcoin is pumping even before the halving, imagine how it will be after the halving. Isn't it surprising for bitcoin to surpass and ATH of $69k before the halving despite falling to as low as 19k? Waiting for bitcoin price to drop during this period before you buy might just put you in a difficult situation because the price might not dip anytime soon. Maybe later this year it would dip but I doubt it will happen anytime in the next 6 months. I believe that after the halving, we're going to see another surge in bitcoin price like it happened from 50k to 70k recently.
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GeorgeJohn
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March 26, 2024, 01:40:03 PM |
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For those of you out there who are planning on buying more coins like me when the market dips, have you guys set a target price where you will buy?
The price has not yet reached what is ideally the price I would want to buy bitcoin in despite its recent decline and I am wondering if will bitcoin still go down to at least $50k?
the price of bitcoin has clamped to seventy thousand [70k] and I believe if is to buy it would have been better for people who were ready to buy bitcoin as of that time to buy Bitcoin at of the period the price of bitcoin get increased, so I believe that price of bitcoin is not constant neither it falls and rise that makes the market of Bitcoin not to be that much reliable sometimes, the opportunity of bitcoin in the market, when it comes you have to utilize the opportunity and that is while you don't need to think otherwise whenever you are purchasing anything in bitcoin both long-term or short-term holding, at of the time the price decreases to almost fifty thousand [50k] people who purchased at of that time with a bigger amount will be of good position right now. I can partially answer this if you ask me whether there would be any further dips yes there will be dips but nobody can predict the extend of dip to any absolute figure, just ensure you don't miss out the rally awaiting for prices to go below $50k which looks difficult at the moment. I would suggest you to get into the market in the next dip instead of waiting for it to go below $50k and stay vigilant on the market trend to ensure you cash out if it dips and buy at lower level instead of just waiting for the market to hit $50k.
the future of Bitcoin is unpredictable because it may rise today and tomorrow the price may drop with tye ratio of value you don't know about, so therefore I believe that the price of bitcoin interchanges and going more dip should be as result of the demands and the supply, and it's obvious that when the demand is higher the supply the price of bitcoin skyrocket, but when the supply is higher than the demand the market reduces, so in summary the market of Bitcoin is unpredictable. buy bitcoin in despite its recent decline and I am wondering if will bitcoin still go down to at least $50k?
wait for the price until it reaches an ideal price may not enable you to buy something, although it is possible to see $50k, but then you may think that the price may drop to $40k and that it is a good opportunity to buy more. The failure of the price to collapse and the rapid rebound from the $62,000 may indicate that the price has begun to recover, and we may see slow growth, ignoring $70,000 more than $50,000. The thing is that some many people does not use the movement of candles sticks to read the market of Bitcoin, at least we should use the chat to indicate the movements of the price, we can not just stand on assumption that if the price have not gotten to this particular point we will not purchase bitcoin, their is every tendency that the price can retrace at any point in time, people who do that miscalculation of the price is people who is myopic of the interpreting the chat of the market, I don't believe on assumption, I do my research and compared with others predictions before I purchase bitcoin neither for short term or long-term.
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StreakW
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March 26, 2024, 02:25:03 PM |
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bitcoin still go down to at least $50k?
If you look at the current market performance it seems very difficult to expect the price of Bitcoin to fall to $50k. I see that Bitcoin will continue to increase, especially since the Halving is getting closer. So if you expect Bitcoin to drop $50k it seems likely after the Halving.
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Jating
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March 26, 2024, 02:32:23 PM |
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bitcoin still go down to at least $50k?
If you look at the current market performance it seems very difficult to expect the price of Bitcoin to fall to $50k. I see that Bitcoin will continue to increase, especially since the Halving is getting closer. So if you expect Bitcoin to drop $50k it seems likely after the Halving. I think we already pass $50k already, currently we are seeing the price going up again in the last 34 hours to $70k. So that is a sign that we might not go down again and that $62k could be the last leg down before the eventual bull run after the block halving. Of course, we wanted the price to go down still so that we can invest more. But then again, we have a lot of opportunities before, and that we should have taken that to buy and stash BTC. But we can still do save, but the profit is not that big as compare when we buy it during the bear market.
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Uhwuchukwu53
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March 26, 2024, 03:18:16 PM |
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bitcoin still go down to at least $50k?
If you look at the current market performance it seems very difficult to expect the price of Bitcoin to fall to $50k. I see that Bitcoin will continue to increase, especially since the Halving is getting closer. So if you expect Bitcoin to drop $50k it seems likely after the Halving. You really think the way I am thinking, having the feeling that ATL will occur to $50 may be a disheartened one because nothing show in the market, people who are willing and ready to hold BTC can not allow it Fall though it's still speculation but I think streak W and me see it as not too possible.
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FanEagle
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March 26, 2024, 06:01:22 PM |
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bitcoin still go down to at least $50k?
If you look at the current market performance it seems very difficult to expect the price of Bitcoin to fall to $50k. I see that Bitcoin will continue to increase, especially since the Halving is getting closer. So if you expect Bitcoin to drop $50k it seems likely after the Halving. I think we already pass $50k already, currently we are seeing the price going up again in the last 34 hours to $70k. So that is a sign that we might not go down again and that $62k could be the last leg down before the eventual bull run after the block halving. Of course, we wanted the price to go down still so that we can invest more. But then again, we have a lot of opportunities before, and that we should have taken that to buy and stash BTC. But we can still do save, but the profit is not that big as compare when we buy it during the bear market. Looking at how it could be going upwards more and more, it can be considered that we are making the right call. I know that it is going to take some time for people to get used to it, but that doesn't mean that we are going to end up with anything that will be different. So, we should consider how we could make it work one way or another. I hope that people could see the change eventually, it is not going to be easy to get people to hype it again, but we could make it work one way or another when the price keeps going up. Even the fact that it is over 70k again is something they haven't cared much about just yet, so it would make sense to focus on that part first. If we can make people realize that, then they will be hyped again.
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Franctoshi
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March 26, 2024, 06:28:06 PM |
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No one actually can say what is really ahead of us before the halving, However, From my analysis of the market and with the current market situation right now, Bitcoin breaking up above $68k currently nullified the bearish trend in the immediate short term and we are done with major downloads corrections and until we hit $74k-$75k being next target move for Bitcoin as we see Bitcoin begin to recover from its loses last week.
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Distinctin
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March 29, 2024, 06:58:42 AM |
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bitcoin still go down to at least $50k?
If you look at the current market performance it seems very difficult to expect the price of Bitcoin to fall to $50k. I see that Bitcoin will continue to increase, especially since the Halving is getting closer. So if you expect Bitcoin to drop $50k it seems likely after the Halving. I think we already pass $50k already, currently we are seeing the price going up again in the last 34 hours to $70k. So that is a sign that we might not go down again and that $62k could be the last leg down before the eventual bull run after the block halving. Of course, we wanted the price to go down still so that we can invest more. But then again, we have a lot of opportunities before, and that we should have taken that to buy and stash BTC. But we can still do save, but the profit is not that big as compare when we buy it during the bear market. I’m also convinced that we will not witness again price dipping into $50k or below. The correction I think was now over and most probably, bitcoin price is already heading above $70k until it reaches hopefully $80k before halving. However, if there’s a sudden negative news that will affect bitcoin and the market, then we will witness again another price decline. But for now, I guess bitcoin price is bound to skyrocket again. Meanwhile, I think a lot of us have plans to buy more bitcoin but that will only be possible after the bull run, that is if you want to buy at a very ideal price so you can maximize your purchase with its affordable price.
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laijsica
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March 29, 2024, 10:45:13 AM |
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For those of you out there who are planning on buying more coins like me when the market dips, have you guys set a target price where you will buy?
When you decide to buy BTC then you should buy today instead of waiting because I think the dip is constantly being exceeded in the current market.Even 2 years ago, many people decided to wait to buy the dip and did not get fruitful reflection. You will not join them. The price has not yet reached what is ideally the price I would want to buy bitcoin in despite its recent decline and I am wondering if will bitcoin still go down to at least $50k?
I think your thinking is not right or you failed to keep track of market movements.Market correction is almost over and BTC bull run is expected in coming time so now is the time to buy dip.
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Yamifoud
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March 29, 2024, 10:52:23 AM |
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For those of you out there who are planning on buying more coins like me when the market dips, have you guys set a target price where you will buy?
I'll buy more when turns back low at $50k but that seems impossible this time. The price has not yet reached what is ideally the price I would want to buy bitcoin in despite its recent decline and I am wondering if will bitcoin still go down to at least $50k?
Indeed, we have these corrections but was not enough to pull back. It looks like the price of Bitcoin will get stuck above $60k. I would say that was not a good time to accumulate more. Well, maybe for those who have not yet, this could be their opportunity. Besides, we're not yet in the new ATH, the price will possibly rise after halving. Earning is still possible at his point especially when we wait for the new ATH before selling.
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pooya87
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March 29, 2024, 04:24:01 PM |
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In case you missed it, the rise back up to $70k was a positive signal but there was not a momentum there to be the incentive needed to start buying as I said in my first comment here for the case where you want to make a sure move. But it is still a positive signal showing the potential and the tendency to rise higher specially since we are getting closer to the halving.
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$weetne$$
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The price has not yet reached what is ideally the price I would want to buy bitcoin in despite its recent decline and I am wondering if will bitcoin still go down to at least $50k?
It is possible and also not possible because it can happen after Bitcoin halving is finished as some selling off might follow because profits will be taken. During this time the market might fall and an opportunity to buy Bitcoin will be available but again don't put all your hopes on this as it might not happen. I had the hope that Bitcoin gets to a new highest price after Bitcoin halving has passed as that's what I learnt from the research that I was making but things happened differently and things might just keep happening differently therefore we should be prepared for anything that happened and buy Bitcoin through DCA so that we don't miss buying Bitcoin and begin to wish we bought Bitcoin when we had the chances. Bitcoin will dip but at what price will the dip happen isn't known
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Moreno233
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March 29, 2024, 09:18:05 PM |
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For those of you out there who are planning on buying more coins like me when the market dips, have you guys set a target price where you will buy?
The price has not yet reached what is ideally the price I would want to buy bitcoin in despite its recent decline and I am wondering if will bitcoin still go down to at least $50k?
If you want to really buy Bitcoin before the halving, you must set achievable targets for any dip that might happen in the market and $50k is definitely one of such targets at this time that halving is in less than a month. I am convinced that Bitcoin will not go below $60k before the halving occurs. My sincere opinion is to buy now that market has dipped below $70k because any trigger in the market now will push price high than it is already. You can see how fast the market is recovering after any minor dip, that is a sign that the strength of the market is to the up side. In other words, the general market sentiment is bullish so corrections will continue to be shallow.
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erep
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March 29, 2024, 10:19:38 PM |
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In case you missed it, the rise back up to $70k was a positive signal but there was not a momentum there to be the incentive needed to start buying as I said in my first comment here for the case where you want to make a sure move. But it is still a positive signal showing the potential and the tendency to rise higher specially since we are getting closer to the halving.
We have to consider the risk if the market price does not match expectations because the price of 67k-70k is among the highest price lists, I might consider this to avoid price drops that will never be known in the future even though the market is approaching the halving, but there is no guarantee that the market promises to reach the highest price, trust the market will be corrected lower before forming a new movement pattern to encourage reaching a new ATH after the halving.
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