It takes the balls...

[BABY SHOES]

Still considering DCA instead of buying dips, not because you don't want to but your financial ability is always not supporting when dips then DCA is the most appropriate way when you have money then buy bitcoin at any price.

We think that now we are at the dips price, but most people want more dips, yes they are not satisfied with the current decline and want to go down more when the price goes up, so only this regret is often encountered by our friends.

I only take advantage of the situation that prices are falling, even though some say this is a small correction, it doesn't matter, some also say wait for a sharper decline then make another purchase.

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[Alone055]

I only take advantage of the situation that prices are falling, even though some say this is a small correction, it doesn't matter, some also say wait for a sharper decline then make another purchase.

Can one time the market perfectly? No, no one can time the market perfectly, so those who suggest that you wait for a sharper decline or a deeper dip, are among the people who often miss very good opportunities and then regret not buying anything when the prices were good.

The current prices might not be the best ones because the market might decline more, but do we know it? No, we don't know that and when we are not sure about something, we don't base our decisions on that and only keep it in the possibility area of our mind.

So, no matter what the condition of the market is, an investor willing to buy should keep doing DCA so that they don't miss any opportunity.

[dunfida]

Everyone claimed that they wanted the dips, every friends I knew have been screaming about Bitcoin dips for weeks now.

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.

It seems that the Iran Israel conflict is affecting the price of Bitcoin but also do not forget that every bullrun has ever has a 30% plus drops on the way up, its obvious if you are good at reading charts.

It's all part of the game, so very normal.

The BUT here is how people get so weak after the dips finally happen and they do nothing, Wake the hell up, now it's happening right in front of your eye, do not sleep on it.

Instead of doing nothing, consider DCA.

We do know that when prices do drops then DCA would really be the best thing that you should do but since not all would really be having such
consideration because of the ff;

1. Scared on taking up risks
2. Lack of funds
3. Waiting up for more bottom

Once you dont have that kind of courage on which you could really be able to make use of specially into these kind of moment or condition then
you would really be definitely be having that kind of missed opportunity on which it might be causing up for you to have that kind of regret deep inside.
When taking up the risks then it would really be needing up that kind of determination and of course this is something that you wont really
to fade out once you do see the opportunity.

[Kemarit]

Yes, not only balls but money as well. Most people who want to accumulate Bitcoin don't have enough money for the accumulation and that's why they miss the dips while others who have money often miss the dips in hope to see more intense dips. Bitcoin is already down and anyone who knows that it's a great opportunity should try his/her best to accumulate some of it.

Yeah, more than anything else, we definitely need money to buy in dips. And most of the time, people are willing to buy because we know how the price will go in the future. But for some, the timing must be off and so we all go back to DCA and there's nothing wrong with that.

And it's not like the dip is huge, the price is still above $60,000 but if someone here has that huge capital then why not buy it as the OP suggested. And this could be the last opportunity, halving is just days away and so this is a perfect chance for everyone before it's too late as we might see a parabolic rise after this.

[Mrbluntzy]

The BUT here is how people get so weak after the dips finally happen and they do nothing, Wake the hell up, now it's happening right in front of your eye, do not sleep on it.

Instead of doing nothing, consider DCA.

I understand that people have different kinds of choices and decisions for investing in any asset and such decision is not what they can cut short for any reason. Some people want Bitcoin to dip to $55k before they can buy and some other persons want the price to dip to $60k so they can buy too, you can not force them to buy above that price. The reason why some people are not buying now is probably because they are not yet comfortable with the current price and they believe that the price will continue to drop.  Also, some people don't have money to buy any Bitcoin now, I am using my self as an example, I don't have some money to buy now.

[SamReomo]

Yeah, more than anything else, we definitely need money to buy in dips. And most of the time, people are willing to buy because we know how the price will go in the future.

Yes, money is the main thing that's needed, without it the ones even who are willing to buy in such dips won't be able to do anything. I think this dip will not stay for longer and the ones who already have bought in this dip will make some good profits after the halving event.

[Minor Miner]

Yeah, more than anything else, we definitely need money to buy in dips. And most of the time, people are willing to buy because we know how the price will go in the future.

Yes, money is the main thing that's needed, without it the ones even who are willing to buy in such dips won't be able to do anything. I think this dip will not stay for longer and the ones who already have bought in this dip will make some good profits after the halving event.

That's why I say the best time to buy is when we have the money and are willing to take the risk, not what the bitcoin price is. Because even if bitcoin drops to $10k, if we If you don't have money, this is not a good time to buy bitcoin.

Don't pay attention to the short-term trend of bitcoin, just remember that after the halving, the bull season will come sooner or later. So what we should do now is buy more bitcoin if someone still has money, those who don't have money should hold tight and not think about optimization.

[SamReomo]

That's why I say the best time to buy is when we have the money and are willing to take the risk, not what the bitcoin price is.

Yes, the best time to buy Bitcoin is when someone has money to invest in it. As long as Bitcoin is below $100k in this bull run, it's an opportunity for the investors. The ones who buy Bitcoin now by investing their money in it would gain enough profit when Bitcoin get to new peak during the high intensity of this bull run.

[Peanutswar]

I have held since the price of BTC at $71k and until now I kept holding with this market only people who have a golden hand will have the gains, people want to have more dips because they want to take the opportunity to at least take a ride with the market, we know people keep doubting the BTC during its lowest price around 20k and they keep waiting to make dip but after a few weeks the price of the bitcoin goes up and break its resistance so they keep hoping they can make at least small ride gains with this mini dumps before the price goes sky rocket.

[Pmalek]

I have held since the price of BTC at $71k and until now I kept holding with this market...

That's not an ideal example because it would make little sense that you sell now if you acquired the asset at around $71.000 and loss money. Bitcoin's value is now $10k less than the valuation you mentioned. A better example of strong hands would be if you said that you held your BTC from $20k, and didn't sell any even when the price increased to $71k.

[BABY SHOES]

I only take advantage of the situation that prices are falling, even though some say this is a small correction, it doesn't matter, some also say wait for a sharper decline then make another purchase.

Can one time the market perfectly? No, no one can time the market perfectly, so those who suggest that you wait for a sharper decline or a deeper dip, are among the people who often miss very good opportunities and then regret not buying anything when the prices were good.

The current prices might not be the best ones because the market might decline more, but do we know it? No, we don't know that and when we are not sure about something, we don't base our decisions on that and only keep it in the possibility area of our mind.

So, no matter what the condition of the market is, an investor willing to buy should keep doing DCA so that they don't miss any opportunity.

That's because we don't know when the best price really is, we are not perfect in analyzing only taking advantage of opportunities when I think it's good (discounted price) then take action if you just wait for that person to obviously lose the opportunity to buy not a few many people like this.

Even when prices go down they look more at what narrative is going down and talk about when it goes up again because they see the portfolio continues to fall, selling is foolishness at a loss then buying is an opportunity where it will get returns again.

Well, that's the most appropriate, DCA is the best way for prices to go up or down and still buy that way.

[Hypnosis00]

That's why I say the best time to buy is when we have the money and are willing to take the risk, not what the bitcoin price is.

Yes, the best time to buy Bitcoin is when someone has money to invest in it. As long as Bitcoin is below $100k in this bull run, it's an opportunity for the investors. The ones who buy Bitcoin now by investing their money in it would gain enough profit when Bitcoin get to new peak during the high intensity of this bull run.

There is no perfect time to buy Bitcoin but it is better to buy during a market correction than the current situation (Bullrun). Even though we think that it was below $100k, if we consider that we are not sure what will happen next or just say, the price suddenly drops, how these people can manage to hold?
 
It is indeed profitable but buying during this time is not a good decision even applying DCA. This is why many people have lost because they buy Bitcoin during the bull season and just sell it as the price drops after.

[SOKO-DEKE]

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.

I always buy more whenever I have the money to buy more. I hardly waited for Bitcoin dip before buying because I always see every Bitcoin price as an opportunity. Because the Bitcoin price is hard to be predicted, and one thing again, I always buy at any time is that I am willing to hold my Bitcoin for a long period of term.

Those set of people that are not buying now and waiting for more dip, are set of people that even Bitcoin price down to $10k, they will still want more dip. The truth is that this set of people are hardly satisfied with the Bitcoin price at any price it is. But I see these people as the people that don't understand Bitcoin properly. If not, they should have looked for one of accumulating Bitcoin, especially by using DCA method, buying regularly monthly or weekly.

There are any people that have a great opportunity of buying Bitcoin at low price, but due to they will wait for more dip make them lose the great opportunity, and if they have accumulated Bitcoin at that period of time, they should have been in reasonable price by now. Let know that some set of people have the opportunity to buy Bitcoin when the price went down dip to $16k, but they did not but want more dip. The truth is that it is very possible that your friends may not get the opportunity to buy the at its current price again.

[Gaza13]

The BUT here is how people get so weak after the dips finally happen and they do nothing, Wake the hell up, now it's happening right in front of your eye, do not sleep on it.

Instead of doing nothing, consider DCA.

Of course, those who are new to or investing in Bitcoin will definitely be shocked to see the current price decline and will be afraid to buy it again. On the contrary, if investors already understand what investing in Bitcoin is, they certainly won't be surprised that this happens. They certainly won't see what price they previously bought each month. If they don't do or add anything in the following month of course there must be things that we don't know about that person. Either they were affected by a disaster that occurred in their family, so it is more important for them to hold fiat than investment.

[m2017]

Everyone claimed that they wanted the dips, every friends I knew have been screaming about Bitcoin dips for weeks now.

Not everything, I didn’t want the dips , but it was inevitable, because bitcoin’s chart looked too good for this to continue.

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.

The fear factor also played a role here. If bitcoin depreciates even more, then these guys will not be comfortable with their actions. And greed. They want to buy even cheaper, but as a result they only miss a good chance to buy BTC at a discount at the last moment.

It seems that the Iran Israel conflict is affecting the price of Bitcoin but also do not forget that every bullrun has ever has a 30% plus drops on the way up, its obvious if you are good at reading charts.

Any growth is accompanied by a fall (temporary) and alternates.

It's all part of the game, so very normal.

And the one who knows the rules wins this game. And whoever follows them loses.

The BUT here is how people get so weak after the dips finally happen and they do nothing, Wake the hell up, now it's happening right in front of your eye, do not sleep on it.

Instead of doing nothing, consider DCA.

I am sure that the current fall has discouraged many, because they were anticipating a direct and quick rally to $100k. Naive dreamers and weak hands that could strengthen if they were a little firmer in their intentions (to buy bitcoin).

P.S. Any investor, to be even remotely successful, must have steel balls.

[AnonBitCoiner]

There is no perfect time to buy Bitcoin but it is better to buy during a market correction than the current situation (Bullrun). Even though we think that it was below $100k, if we consider that we are not sure what will happen next or just say, the price suddenly drops, how these people can manage to hold?
 
It is indeed profitable but buying during this time is not a good decision even applying DCA. This is why many people have lost because they buy Bitcoin during the bull season and just sell it as the price drops after.

Currently the market is down and most of the people will think that now is the best time to buy bitcoin but I will suggest that don't be too desperate to buy currently because the market is very hard to predict and there is no guarantee that the price of Bitcoin will surge again after halving.

We should keep calm under such conditions because if we are buying more and more but the price does not move higher according to our expectations then what will we do? There will be no option with us instead of selling with loss or waiting for another four years.

[Hispo]

Well. We cannot expect all people to have the mentality of successful Bitcoin Traders, otherwise, there would be many successful traders out there and the market would certainly look very different because of it.
It also depends on what the personal definition of a dip is for each one of your friends. Depending of the general weather of the market, a dip can be a 5%, but since we are seeing a high degree of volatility, then I would not be surprised to see red days going down 8% of the current value of Bitcoin. It certainly takes balls to buy at these prices, even after what we would call a "dip".

By the way, while certainly the escalation of the conflict in the middle east could play a significant role of this descent of the price of Bitcoin, I still believe it is too soon to talk about a different influence over Bitcoin from the conflict between Iran and Israel.

[OcTradism]

Well. We cannot expect all people to have the mentality of successful Bitcoin Traders, otherwise, there would be many successful traders out there and the market would certainly look very different because of it.

The market is made up of winners and losers and in other words, there are successful people and unsuccessful people in a same market. You can not have one and don't have another in the same market because in a limited zero-sum game market, capital only switches from losers to winners and around internally.

Successful people will hope that unsuccessful people continue to repeat mistakes and lose money to winners in the market. You can not change the market to be a place where there are only winners or only losers as it always needs to have both.

Fortunately you can change yourself from a loser to a winner by learning and upgrading your knowledge and having more wisely and properly strategies and approaches in the market.

[martinex]

Any drop whether large or small will always be present and my assumption regarding the Iran-Israel conflict I think is normal and does not really matter for BTC. All of the events above only affect investor behavior indirectly so that more or less it has an impact on negative sentiment in the market.

The impact of short-term or long-term price fluctuations we must take advantage of more now. Yes, with DCA whatever the market conditions are, it can always help us and I think the moment now can be started rather than just being a spectator.

[Iranus]

By the way, while certainly the escalation of the conflict in the middle east could play a significant role of this descent of the price of Bitcoin, I still believe it is too soon to talk about a different influence over Bitcoin from the conflict between Iran and Israel.

1 hour ago, some news said that Israel counterattacked Iran and immediately bitcoin reacted and the price fell below 60k$ again. But less than an hour later, Iran announced that there was no attack from Israel and bitcoin is now trading above $62k. To me, I never believe this news and it seems like someone is trying to manipulate the market with fake news (I mean the entire financial market, not just bitcoin). We are very close to bull season, don't let market makers take away your bitcoins, don't rush to believe any news without verification.