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Author Topic: Now is the best time to buy the dip and HODL  (Read 466 times)
Berry2d (OP)
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May 01, 2024, 09:08:27 AM
 #1



Btc price has dip below 60k, and most investors who may be wondering when best to buy the dip I think now is the time to buy the dip. it may not dip below this anymore. I know it fell to $56k but I urge people to buy more now before it rise again.
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May 01, 2024, 10:37:41 AM
 #2

Yes now is a good time to buy Dip some time I also bought at $63K and now there is still an opportunity with a little fiat reserve to buy at the current price if there is a correction again to the price of $50K it does not matter, will not PANIC.

Usually after halving the next 2 months will experience a decline after which prices can tend to stabilize even though that is a prediction that I do now is just the right time to continue to accumulate bitcoin by means of DCA or buy dip.

There are definitely those who panic, but be strong to HODL this challenge as a bitcoin investor.

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May 01, 2024, 10:58:22 AM
 #3

This actually a good time for those who are seeking opportunity on how to enter the market and accumulate BTC as this drop can usher them more, waiting to drop further sometime may also miss out this Dip that has already occurred, many beliefs there prediction must be 100%  which can't be possible as BTC halving has taking place drop will occur but no prediction can be accurate to which extend it will drop. Accumulating using this dip can be of greater advantage because by first quarter it will be a different results where those who is not able to invest now will find it difficult to join the market as the price may skyrocket beyond their ability to venture in, though mist investor has their timing to buy in the market but can't over believe on your time than the already seen dip.

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May 01, 2024, 12:09:12 PM
 #4

yeah, there's no need to panic. Even BTC dip to around 50K, but the bull market is still strong. I'd advise being cautious at this point. There isn't much support, so we'll need to wait for some bullish movements. The bulls need to step in, or this correction could drag on longer than anticipated. This just means it's a good time to buy, and you can sell for profit later on. And of course, many people who panic easily will miss out on this opportunity for sure.

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May 01, 2024, 12:22:01 PM
 #5

Btc price has dip below 60k, and most investors who may be wondering when best to buy the dip I think now is the time to buy the dip. it may not dip below this anymore. I know it fell to $56k but I urge people to buy more now before it rise again.
I think what confuses most people which eventually turns into procrastination is the word “dip”. This is more difficult to identify and if you aren’t a pro which most investors can’t be, I doubt there is any pro to this but, most tends to try. If your to wait for the dip, you wouldn’t buy as, $57k isn’t the dip, the dip is far below that price but, the rule states that you bug at a low and the $57k price could be that low, it’s a low if you look at where price has been and where it is now.
It’s more of a price where you can be comfortable about and buying at $57k is a good spot for a buy.

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May 01, 2024, 12:51:45 PM
 #6

Or better yet, wait it out even more because that dip's definitely not the last one that's going to happen, and you don't want to be buying at the start of this kind of thing, you don't want to be in constant anxiety about your money being on the limbo because you've bought at the wrong time and you are waiting it out to go back up again to sell at a profit when you could've waited a bit longer so you can buy yourself even more bitcoin at a much cheaper price. Just continue doing the usual DCA and don't give in to pressure of buying a lot in a short span of time or you'll only get disappointed.

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May 01, 2024, 01:17:32 PM
 #7

As an investor who is eager to venture into the market will see this moment as an opportunity to accumulate more but what affects most people is that don't know when to enter or when not to enter since they would be having this feeling that it may fall below this current price and they would want to wait to see the next phase which without unknowingly the market gradually changing it face to up trend. The main thing is whenever every little opportunity comes up, they should utilized that very moment to fill up their bags and wait for the next move it could be that they can't afford to buy at a go then gradual accumulation is also welcomed, when the market changes they top up a bit till they notices is not longer suitable to buy even as that they can be monitoring the market.

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May 01, 2024, 03:53:31 PM
 #8

I know it fell to $56k but I urge people to buy more now before it rise again.
Be careful about the current state of the crypto market, it's not that I'm not scared, it's true that Bitcoin is currently falling, but anyone who wants to trade or invest remains guided by the situation and accurate information on the causes of the Bitcoin/crypto market plummeting, look for information that can really be trusted and relied on in terms of speculation and predictions regarding Bitcoin, of course we don't want to be trapped deeper when Bitcoin at $57k continues to fall to 50k more in the future.

With a situation like the current one, we must not make decisions rashly, we need experts to correct the causes of this happening, everyone is currently confused, I have read a lot that investors are afraid at the moment, They must be really thorough and careful in considering Bitcoin at this time, whether to buy or sell, in fact there is a lot of messy and wrong speculation at the moment, consider it wisely and see the direction of Bitcoin's next development.

R


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May 01, 2024, 04:09:36 PM
 #9

Btc price has dip below 60k, and most investors who may be wondering when best to buy the dip I think now is the time to buy the dip. it may not dip below this anymore. I know it fell to $56k but I urge people to buy more now before it rise again.
I think what confuses most people which eventually turns into procrastination is the word “dip”. This is more difficult to identify and if you aren’t a pro which most investors can’t be, I doubt there is any pro to this but, most tends to try. If your to wait for the dip, you wouldn’t buy as, $57k isn’t the dip, the dip is far below that price but, the rule states that you bug at a low and the $57k price could be that low, it’s a low if you look at where price has been and where it is now.
It’s more of a price where you can be comfortable about and buying at $57k is a good spot for a buy.
For me at $57 it is not bad to buy, it is even a good dip because when the price of bitcoin was around $62 it was still low to buy and now it has even dip to 57. If anyone is still waiting for the price to fall more than what it is, that means the person is not ready to buy or can even miss buying at this low price.

People get so confuse to buy  whenever the price of bitcoin falls because they prefer to buy at the lowest dip,  this seems to be like greed because the price of bitcoin unpredictable to buy at a particular dip that's favour you.
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May 01, 2024, 04:52:16 PM
 #10

Currently Bitcoins are at 56k usd. This is indeed a great opportunity I must say. If you greed for more and wait for Bitcoins to fall down more, then I am afraid that you might lose the best time to buy the coins. Hence it’s ideal to buy as many coins as you can in this price range. Bitcoins have surely huge potential. Hence it won’t fall below this price segment. So it’s ideal to buy the coins now at the current price till our capabilities.

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May 01, 2024, 05:04:13 PM
 #11

I think now is the time to buy the dip. it may not dip below this anymore.
This is the perfect time to buy dips. It should not be for those who are interested in buying Bitcoin but are still waiting for the price of Bitcoin to drop further. Maybe the price of Bitcoin will drop further but they won't have time to buy more Bitcoins. I recommend buying bitcoins using DCA method if you want to accumulate a lot of bitcoins and earn some profit. Deep purchases can be used for short periods of time, which reduces your purchasing time. On the other hand, since the DCA method is permanent, you can purchase at any time.

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May 01, 2024, 05:11:10 PM
 #12



Btc price has dip below 60k, and most investors who may be wondering when best to buy the dip I think now is the time to buy the dip. it may not dip below this anymore. I know it fell to $56k but I urge people to buy more now before it rise again.
don't rush, don't be impulsive continue to accumulate with the DCA strategy when the decline occurs it will make you much safer than on fomo purchases when it goes down and you are too impulsive which might put mental pressure on you if bitcoin experiences a further decline, but if you are able to handle yourself I think it won't be a problem for you even if bitcoin experiences another decline it's even better and I will be very supportive.

In view of the trend line and the potential for bitcoin to experience a decline back to the price level of $52k even to $45k back as before, it can happen, but we need to see that it is only a potential weekly chart reading that I see, it could change and the market reverses direction into a real bull market before experiencing a correction again.
This decline is indicated by the recent Greyscele bitcoin selling activity that caused bitcoin to decline significantly at the beginning of May, wait for the bad monthly closing candle for April.

The possibility of decline continues, use your DCA strategy to anticipate anything in your mentality, believe that next year will be much better than today.
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May 01, 2024, 05:30:05 PM
 #13



Btc price has dip below 60k, and most investors who may be wondering when best to buy the dip I think now is the time to buy the dip. it may not dip below this anymore. I know it fell to $56k but I urge people to buy more now before it rise again.
I hope this is not investment advice for investors who are looking for the right time to invest in Bitcoin, especially for beginner investors. It is very important for Investors to monitor the market reaction to resistance levels, at times like these patience and caution will be key in navigating this volatile market.

This week it is very difficult to determine the direction of Bitcoin movement because the market is facing significant volatility, the price traded today may have the potential to experience another correction because it has passed the support level at $60k Investors need to monitor price developments closely as Bitcoin next move will largely determine its direction in the coming months.
Your encouragement is very reasonable because Bitcoin is starting to trade at a cheaper price than some time ago, investors who want to enter now need to use the DCA strategy so as not to lose momentum in the uncertain market volatility.

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May 01, 2024, 05:31:50 PM
 #14

Yes it's an excellent time to sell your fiat currency while the price is high.

Take your profit in Bitcoin while you can.
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May 01, 2024, 06:41:39 PM
 #15

For me at $57 it is not bad to buy, it is even a good dip because when the price of bitcoin was around $62 it was still low to buy and now it has even dip to 57. If anyone is still waiting for the price to fall more than what it is, that means the person is not ready to buy or can even miss buying at this low price.

People get so confuse to buy  whenever the price of bitcoin falls because they prefer to buy at the lowest dip,  this seems to be like greed because the price of bitcoin unpredictable to buy at a particular dip that's favour you.
Yes, no one can guess what the lowest Bitcoin price will be at the moment. Waiting will only make you miss the best moment now. Yes, this is the best opportunity at the current price to add or accumulate our investment assets. Yes, if we are confident about this asset, they don't think about what price they buy it at, DCA is the best way to invest, of course we will get the best average price for our asset.

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May 01, 2024, 06:58:43 PM
 #16



Btc price has dip below 60k, and most investors who may be wondering when best to buy the dip I think now is the time to buy the dip. it may not dip below this anymore. I know it fell to $56k but I urge people to buy more now before it rise again.
Well, currently, the price have climed to a little above $58k, but this still is not a guarantee that the price is ready to start going up back to its previous all time high, there is still a high chance that the price will drop further below $56k before we are finally set for another major bull run for the season that we are in.

What I did advice is, who ever is buying should try as much as possible to have some usdt in reserve, just incase price continues to dip, one can easily take advantage of that in every of the step down to get more bitcoins for cheaper rates, I am super confident that we will have a spectacular bull run this season, one of the biggest we've ever seen, and also one of the biggest we will ever see.

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May 01, 2024, 07:25:49 PM
 #17

I don't this is a dip Bitcoin is Still going down so if you say that the $57k is the dip so investors should buy then you are mistaking. The price will still go down to $52k. Though it is good to start the investment because nobody knows when the price will shoot up again. I will still wait small before starting my side of the investment.

The way the market is now, it might last for some time before it will recover again and once it recover then the All Time High.









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May 01, 2024, 07:36:36 PM
 #18

----

Btc price has dip below 60k, and most investors who may be wondering when best to buy the dip I think now is the time to buy the dip. it may not dip below this anymore. I know it fell to $56k but I urge people to buy more now before it rise again.
Usually the common conditions or situations on dumping market such as this would be;

1. People freaking out seeing their portfolio on deep reds
2. Missed out on making some DCA
3. They would be starting on buying when market would be having its recovery
4. Finding out the bottom

These are indeed the common thing that you would really be doing specially if you are that someone who do have that lacking of experience towards the market.
Whereas in compared to those who are old and knowledgeable then they do have that proper back up plans on the time  that the market will really be dumping on which
i have mentioned above that making some DCA would really be the best action that you would be needing up to consider.

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May 01, 2024, 09:36:27 PM
 #19

Experienced investors who know Bitcoin's future potential will buy every bit of it, while others will just put their fears first and not buy it. Accumulating when dipping will clearly be very profitable, but don't force it if you still need money for other needs.

There is no need to panic when you see a decline and correction in prices after the halving, this is a normal situation that investors have actually anticipated. The market has not yet moved in a more positive direction, but I am sure the market will grow and gain high interest in the next few months. Buy the dip and hold, of course that is good advice without being greedy.

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May 01, 2024, 09:51:25 PM
 #20

I'm not expecting that the price of Bitcoin will drop like this after halving but the current situation reminds us that the market is really unpredictable. But I have no complaint about it, let us just think that it gives a chance for those who have not bought yet will have it now. And this drop would also tell us something that the next thing likely possible to happen is another huge pump. What we have now is the results from a huge number of investors who sell their BTC during halving. But I don't think it will turn back below $55k. For me, this is just a short-term impact of the halving and it recover back when demand increases. So, therefore, we have to take this chance before it skyrockets.
 

R


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