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Author Topic: Still got enough cash to buy this Bitcoin dip?  (Read 1179 times)
Cookdata
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September 12, 2024, 11:21:22 AM
 #81

In order to maintain a long standing position, maintain a strategy of investment and be better positioned for accumulated gains as a Bitcoin investor in the cryptocurrency market, some investors may be ready and very willing to spare some extra funds to buy this current dip for the good reasons only.
So, how much would you need to buy the current dip and which reason is worth the risk if asked?

Would you borrow, diversify or sell some assets inorder to buy Bitcoin dip, because of future profitable prospects?

Is buying Bitcoin dip worth the risk for you as a Bitcoin investor or trader ?

You can't know if the risk of investing in Bitcoin is going to be worth it but base on previous runs and history of price actions, you will never regret investing into in Bitcoin so long you are bold and have a hand as strong as diamond but your capital should be something you know will not be need soon otherwise you will defeat the purpose of holding and you will be trigger to sell at the wrong time and there is high chance you will be selling at loss.

However, don't accept the delusion people say most often about Bitcoin going to $1M, you are not the first to think big about Bitcoin and more people will come but it's going to be gradually before we will see such price, it's not something that can happen overnight as people claim. Google McAfee(rest in peace) how he was bullish about Bitcoin, even jokingly says he is going to cut of his thing if Bitcoin didn't reach $1m and here we are, we still battling to reach $100k.

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September 12, 2024, 11:32:32 AM
 #82

Current BTC dip isn't really an ideal entry. In the past years, there were already a lot of good entries before the pump, and that's the only profitable entry to spend the majority of your cash not today. It's almost close to the current ATH, not very wise investment tho.

It's not possible to time the market perfectly unless you are very lucky and the point where you buy becomes the bottom. I don't think the current price is a bad entry point when you say it's close to the current ATH, it should be around $70k for that but the current price is below $60k and that is less than $15k the current ATH and it should be a good point to make an entry.

Besides, one doesn't need to spend everything they have at a single point, that's why we have the DCA method. We can use the DCA method and keep accumulating if the price goes down from where it is right now. If it doesn't go down further, we would at least no regret our decision of not buying.

So I believe it's better to buy at least some whenever you feel the time is right instead of waiting for the perfect moment because that might never come.

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September 12, 2024, 11:56:09 AM
 #83

In order to maintain a long standing position, maintain a strategy of investment and be better positioned for accumulated gains as a Bitcoin investor in the cryptocurrency market, some investors may be ready and very willing to spare some extra funds to buy this current dip for the good reasons only.
So, how much would you need to buy the current dip and which reason is worth the risk if asked?

Would you borrow, diversify or sell some assets inorder to buy Bitcoin dip, because of future profitable prospects?

Is buying Bitcoin dip worth the risk for you as a Bitcoin investor or trader ?

You can't know if the risk of investing in Bitcoin is going to be worth it but base on previous runs and history of price actions, you will never regret investing into in Bitcoin so long you are bold and have a hand as strong as diamond but your capital should be something you know will not be need soon otherwise you will defeat the purpose of holding and you will be trigger to sell at the wrong time and there is high chance you will be selling at loss.

And ever since, I don't feel any regrets about investing in bitcoin because I patient enough, as I know that the price will not turn down to zero like some negative people are thinking about. Maybe the only thing I regretted was not buying bitcoin earlier due to some uncertainties. But now, based on the current market direction and my experience, I have the confidence to say that it was more worthy than any other investment we know. It was not the most profitable investment that exists, but it is an investment that we can rely on. Only we need patience, but if we don't have this behavior, we better not try, as this never works in those people. They only suffer losses if they push through.

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September 12, 2024, 01:48:31 PM
 #84

In order to maintain a long standing position, maintain a strategy of investment and be better positioned for accumulated gains as a Bitcoin investor in the cryptocurrency market, some investors may be ready and very willing to spare some extra funds to buy this current dip for the good reasons only.
So, how much would you need to buy the current dip and which reason is worth the risk if asked?

Would you borrow, diversify or sell some assets inorder to buy Bitcoin dip, because of future profitable prospects?

Is buying Bitcoin dip worth the risk for you as a Bitcoin investor or trader ?
Investing in Bitcoin in dip market is very good decision.  Because there is no record of Bitcoin in the history of Bitcoin where the price of Bitcoin has never recovered after going down. Bitcoin always makes a new ATH every 4 years.  Accordingly, the year 2025 is the time of bull run for Bitcoin.  And then in the next 4 years again a new ATH will be formed.  So if you keep ATH as target and invest in Bitcoin in Dip market and hold for a long time, profit is sure.  But the investment must be long-term. Otherwise it will not be possible to get a good amount of profit. I fully support investing in Bitcoin during the Dip.











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September 12, 2024, 04:44:00 PM
 #85

Investing in Bitcoin in dip market is very good decision.  Because there is no record of Bitcoin in the history of Bitcoin where the price of Bitcoin has never recovered after going down. Bitcoin always makes a new ATH every 4 years.  Accordingly, the year 2025 is the time of bull run for Bitcoin.  And then in the next 4 years again a new ATH will be formed.  So if you keep ATH as target and invest in Bitcoin in Dip market and hold for a long time, profit is sure.  But the investment must be long-term. Otherwise it will not be possible to get a good amount of profit. I fully support investing in Bitcoin during the Dip.


This as been going on for some time now and people that are holding have been taking this tradition seriously and that is like the only way to get more or even increase your assets because the price ia not allowing them to buy once. And for those that are holding the belief they have about market recovery is what they have been holding onto, no matter how bad the market is it will recover.  To me, the bull run did not occur this year; instead, it is more of a recovery. We cannot predict what will happen in the market next year because the bull run did not occur this year; perhaps it will not occur till next year. Holding for a long time is vital because selling your own early can damage your business mentality. If you already have the intention of investing then you should just keep the money then later you can just buy the market is dropping so that you won't be unaware about the market, or not even have money buy when you have your money on ground the moment everything goes red is left for the intended recipient to buy and keep.

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September 12, 2024, 05:08:20 PM
 #86

Investing in Bitcoin in dip market is very good decision.  Because there is no record of Bitcoin in the history of Bitcoin where the price of Bitcoin has never recovered after going down. Bitcoin always makes a new ATH every 4 years.  Accordingly, the year 2025 is the time of bull run for Bitcoin.  And then in the next 4 years again a new ATH will be formed.  So if you keep ATH as target and invest in Bitcoin in Dip market and hold for a long time, profit is sure.  But the investment must be long-term. Otherwise it will not be possible to get a good amount of profit. I fully support investing in Bitcoin during the Dip.

There is no other options than to keep buying the dip and if the dip continues, we have to keep buying and this is why you do not buy one time in a large quantity but you buy in small quantities to give room for situations when the market falls again and you have to buy. For people we do not have enough cash to buy more but have bought previously, they do not have to buy again. We should only be buying when we have more cash that are not being used for anything else so we do not put ourselves in a situation that we have to sell because we do not have enough fiats to use for our daily expenses. 2025 is going to be an interesting year because of the highest price of Bitcoin is going to happen in this year and by then we should have accumulated more than enough Bitcoin for ourselves and be among those smiling.

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September 12, 2024, 07:47:31 PM
 #87

I would never think of borrowing money from anyone to buy Bitcoin that is falling.
I have my allocation to buy Bitcoin that I save for investment. The price drop that occurred did not make me panic to buy immediately. I never force myself to have something when there is no money left in my wallet other than for needs.
Some investors with thick wallets certainly see it as an opportunity that they can achieve. But for those who collect Bitcoin slowly, they are not only waiting for the moment the market falls but also the moment when their wallet is safe enough.
Your reasons are not valid. Even if Bitcoin is falling it is good to buy now, and when it falls again if you have enough money then you buy. You are thinking since the price is falling it will continue to dip more and more. Don't be too sure of that, the price ay start going back up and then you regret why you didn't buy when it dipped. With the little experience I have, I will continue to buy Bitcoin at any price as long as my accumulation goal has not been met. The price falling more and more doesn't stop me from buying c ontinously. The only time i can't afford to buy is when i do not have any funds to spare.

Which reason is not valid? what I said is what I did. if it doesn't suit what you do, it's up to you with your investment activities.

You can immediately buy Bitcoin when the price drops because you have a prepared allocation. if you don't have it because you bought it before the price dropped, then will you sell your assets such as cars, houses, or jewelry that you have? Or maybe you even borrow with collateral from the bank? I don't think you will.

Everything will be fine when you wisely manage your finances.
Buddy, i can't sell my properties in the name of buying Bitcoin when it is in the dip. Il rather sit and relax hoping ill get funds next time to buy. Apart from buying the dip, I have a strategy that i have adapted because it works for me. I may not be owning up to one BTC in a year or two but I am certain that i will have a strong portfolio within these years.

You're right when you said everything will be fine when you manage your finances. Limiting during investment is one of the best ways to invest. If you have the money and you can mitigate risk the investment can still crash.

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September 12, 2024, 08:08:36 PM
 #88

My opinion is that buying Bitcoin at the dip is a wise thing, and it will be more profitable if he buys it during the dip. After some time, if the market goes up, it could provide him with a good return. However, it depends on whether he is ready to take risks and how much he can tolerate the loss. We all know about the volatility of BTC, and predicting its price is a tough task.

If he uses the DCA (Dollar-Cost Averaging) method for this dip and invests a small amount on a daily basis, it will be a good step. However, the question remains whether borrowing money for it will be beneficial for him. Selling some of his assets or borrowing money from another person does not guarantee that BTC will move up. If he is looking for a short-term investment, that will be the toughest situation. Some experts say that BTC is best for long-term investment.

So my advice to you is not to sell any of your products or borrow money from others. First, earn by yourself, and then invest the money that is spare form you at least if you loss will be not on debt.

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September 12, 2024, 08:30:01 PM
 #89

In order to maintain a long standing position, maintain a strategy of investment and be better positioned for accumulated gains as a Bitcoin investor in the cryptocurrency market, some investors may be ready and very willing to spare some extra funds to buy this current dip for the good reasons only.
So, how much would you need to buy the current dip and which reason is worth the risk if asked?

Would you borrow, diversify or sell some assets inorder to buy Bitcoin dip, because of future profitable prospects?

Is buying Bitcoin dip worth the risk for you as a Bitcoin investor or trader ?
Like I will always say, overtime, bitcoin has proven it's worth as an asset that is worthy to be invested in, bitcoin didn't only prove to be a crypto asset that is good for investment, but it has also proven to be a great store of value, which means that even while the fiat system is collapsing due to inflation, bitcoin is built to hold its value and even rise more in the process.

So, yeah, buying bitcoin during a deep is not a risk actually, it's the ideal way to invest, you dont want to be buying bitcoin at the top of its price right?, you buy low, sell high to make profit in any market.
So, buying bitcoin when it's price is down is the best thing to do always, as long as one has the extra fund to do that.
And concerning borrowing, I usually do not advice investors to borrow money to invest in cryptocurrency, but then, it depends on where the money is being borrowed from, and also if it's an interest free loan, then it's good.

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September 12, 2024, 09:05:36 PM
 #90

I think differently about this, although we can't prohibit others from doing so because it's okay when we borrow money and invest in bitcoin, but in the end we also need to look at several factors that we must be aware of when it is done.

We must be aware of whether we have the capacity for it or not, indeed when talking about qualifications in lending I think anyone can do it as long as there is collateral or collateral that we can show but the situation is not that simple because we need to look deeper into ourselves whether we are able to bear it or not.

At least we should be aware that the investments we make can be long-term and it will not matter if the money we make is not used for a certain period of time. But of course that cannot be used as a benchmark when the money we use is a loan. So it is quite important whether we can make loans and are ready to complete the loan payments or not because if in the end this is done without careful consideration of the economy we have, it could be that loans like this will disrupt your own financial stability.
I also agree with you, investing with debt can be full of risk, before investing with debt we need to look at our financial situation, because your investment may not give you expected results, and it may be for a long time. You think you will invest with debt and it will pay you good in a short time, but it may not happen, then you may face a big problem.

That is, you may think that investing now will make a profit, but you can't be sure, it can also hurt you, so when it comes to investing, we should only invest money that you can afford to lose. So I think we should stay away from investing with debt, investing through debt can cause big loss for us.
Because in fact, although the hope and progress of bitcoin has always been a very good thing for us to believe in the future, in this case we must be aware that in the end there is risk management that we must bear in this case so that when we are too aggressively collecting bitcoin even to the point of borrowing and we cannot afford the risk, this will become a difficult condition where you actually make it seem as if this is a gamble even though we are aware that the investment made must of course be based on a pure desire that our future is better and makes our financial freedom maintained.

Be wise in making decisions because even though bitcoin is very profitable, life is not that simple and we don't need to do what we can't do by pushing too hard to be in bitcoin because in the end when we can't bear it, everything will actually have an impact on setbacks and not optimal results that can be obtained but difficult conditions that we cannot avoid.












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Ryu_Ar1
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September 12, 2024, 09:13:21 PM
 #91


We do not borrow money in order to buy an investment. ever.

A wise choice Smiley just do it naturally when we are not able to do a large amount at once then the choice is of course we must be able to buy little by little so that the results are well collected. There is no need to force yourself to be able to be in bitcoin with a large nominal although it is indeed very good to do but when the way is to try to be maximalist by borrowing it could be an inappropriate thing to do.

Not that borrowing is not allowed because it can still be done if we know the financial strength we have for example maybe Saylor. But on the other hand we are not millionaires like this who have abundant guarantees to smooth their intentions because of the wrong actions we will actually deal with more difficult conditions.
Remember! This is not a race so you don't need to force yourself when you can't afford the risk let alone force yourself into debt because even though this will be good for the future but we must realize that there is always the worst possibility that can happen.

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September 13, 2024, 07:11:27 PM
 #92


Investing in Bitcoin in dip market is very good decision.  Because there is no record of Bitcoin in the history of Bitcoin where the price of Bitcoin has never recovered after going down. Bitcoin always makes a new ATH every 4 years.  Accordingly, the year 2025 is the time of bull run for Bitcoin.  And then in the next 4 years again a new ATH will be formed.  So if you keep ATH as target and invest in Bitcoin in Dip market and hold for a long time, profit is sure.  But the investment must be long-term. Otherwise it will not be possible to get a good amount of profit. I fully support investing in Bitcoin during the Dip.


Everyone wants to get Bitcoin at the dip so that when it pumps, they can get the opportunity to make huge profits. However, no one knows where the dip will stop. That’s why many people who want to accumulate at the dip price hardly get the chance to buy, as they continue waiting for more dips to happen.

Instead of waiting for more dips, why not apply the DCA method? This will help them acquire Bitcoin at different price levels. The Bitcoin price has been down for some weeks now, and while some people are using the opportunity to accumulate, others are still waiting for a deeper dip. It's possible the price of Bitcoin may not drop to the level they have in mind to buy.so, it would be better not to waste this kind of opportunity. Use this period to accumulate or by buying regularly whether weekly or monthly. This way, one can avoid missing out on any pump or dump.

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kawetsriyanto
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September 13, 2024, 08:46:57 PM
 #93

I also agree with you, investing with debt can be full of risk, before investing with debt we need to look at our financial situation, because your investment may not give you expected results, and it may be for a long time. You think you will invest with debt and it will pay you good in a short time, but it may not happen, then you may face a big problem.
IMO, whether we are investing with own money or loan money, both are full of risk. We must understand that crypto investment basically is full of risk because of its volatility and unpredictable prices. But surely investing with loan money (debt) will make a higher risk because there is no guarantee to take profits in a short time or even may end up with no profits (losses). Since the repayment of the loan money mostly has a deadline, it will be a problem if we fail to get profits or lose all the money. Besides we may have no longer capital, we also have the responsibility to repay the loan money.

That is, you may think that investing now will make a profit, but you can't be sure, it can also hurt you, so when it comes to investing, we should only invest money that you can afford to lose. So I think we should stay away from investing with debt, investing through debt can cause big loss for us.
Yep. This is what experienced people always suggest to newbies, we must "use the money that we can afford to lose". This is very familiar words, but it is very true that we must use safe money only. Using loan money (debt) is a kind of unsafe money. This is actually not recommended to do in crypto investment or trading. Even some professional traders/investors can succeed with this way, it is not something to follow (especially for newbies).


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uswa56
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September 14, 2024, 05:23:42 AM
 #94

Investing in Bitcoin in dip market is very good decision.  Because there is no record of Bitcoin in the history of Bitcoin where the price of Bitcoin has never recovered after going down. Bitcoin always makes a new ATH every 4 years.  Accordingly, the year 2025 is the time of bull run for Bitcoin.  And then in the next 4 years again a new ATH will be formed.  So if you keep ATH as target and invest in Bitcoin in Dip market and hold for a long time, profit is sure.  But the investment must be long-term. Otherwise it will not be possible to get a good amount of profit. I fully support investing in Bitcoin during the Dip.

There is no other options than to keep buying the dip and if the dip continues, we have to keep buying and this is why you do not buy one time in a large quantity but you buy in small quantities to give room for situations when the market falls again and you have to buy. For people we do not have enough cash to buy more but have bought previously, they do not have to buy again. We should only be buying when we have more cash that are not being used for anything else so we do not put ourselves in a situation that we have to sell because we do not have enough fiats to use for our daily expenses. 2025 is going to be an interesting year because of the highest price of Bitcoin is going to happen in this year and by then we should have accumulated more than enough Bitcoin for ourselves and be among those smiling.

You are right, everyone will certainly suggest buying more when there is a decline but the thing we have to pay attention to when buying when there is a decrease in the funds that we will use whether we can maintain it in the long term or not and if we do not have funds that we can hold for the long term, it will be better for us to hold back to buy so as not to experience things that we do not want when holding the asset and we must be taken again under any circumstances. If you are very confident that next year the price of Bitcoin will rise, then of course you already have enough assets to look forward to profits when the price of Bitcoin rises.
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September 14, 2024, 07:39:23 AM
 #95

Buddy, i can't sell my properties in the name of buying Bitcoin when it is in the dip. Il rather sit and relax hoping ill get funds next time to buy. Apart from buying the dip, I have a strategy that i have adapted because it works for me. I may not be owning up to one BTC in a year or two but I am certain that i will have a strong portfolio within these years.

You're right when you said everything will be fine when you manage your finances. Limiting during investment is one of the best ways to invest. If you have the money and you can mitigate risk the investment can still crash.

I'm interested in how you evaluate it. Yes, the calm nature and not rushing in making decisions is certainly good. However, on the other hand, it seems that we also need to start getting used to keeping a few percent of USDT in our investment account and that can be said to be the last defense rather than having to sell other assets or borrow from people to be able to accumulate BTC when the price drops at any time. By getting a low price, of course, the implication will be according to the type of BTC that returns to its normal price later.


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September 14, 2024, 08:40:33 AM
 #96

Buy the dip if you can, but this present Bitcoin value is not the type for selling valuable things to buy Bitcoin or borrowing money, I don't see the huge opportunity like that of 2022 and 2023 where Bitcoin was trading at $17,000 after the massive dump and the new low of $15,000 in 2023, these are good example of one life time opportunity where doing all you can to buy Bitcoin is a must.

Now you should just keep doing your DCA or safe up your money for any possible decline in the future, the price isn't looking tempting for me, I like investing when things are extremely bad for Bitcoin, not when the whole market is looking like something that can surge even higher soon.

Nah, bad times is the best time for opportunities.

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September 14, 2024, 10:20:48 AM
 #97

Buy the dip if you can
I agree.

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but this present Bitcoin value is not the type for selling valuable things to buy Bitcoin or borrowing money
To have strong hands of holding bitcoins after purchasing it, you must buy it with own pocket money, not from any loan, mortgage. If you make loan for purchase, you will have weak mentality, weak hands and can not hold your bitcoins.

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I don't see the huge opportunity like that of 2022 and 2023 where Bitcoin was trading at $17,000 after the massive dump and the new low of $15,000 in 2023, these are good example of one life time opportunity where doing all you can to buy Bitcoin is a must.
From $17,000 to $15,000, it is about 11% correction and it's not like a massive dump, but that 11% correction is still good opportunity for buying dip with discount price.

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Nah, bad times is the best time for opportunities.
Bad times for people who lost money by panic sell, liquidations but good times for intelligent investors who wait for dips to buy.

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September 14, 2024, 11:40:38 AM
 #98


Is buying Bitcoin dip worth the risk for you as a Bitcoin investor or trader ?
Among the investors who are interested in investing after gaining good knowledge about Bitcoin are not looking for Bitcoin Dip. They are most interested in growing their portfolio over the long term. Although buying and holding Bitcoin from a dip increases the profit margin, it is not possible to predict when the Bitcoin dip will be found. An experienced or inexperienced investor will never lose if he holds long term on regardless of any dip in Bitcoin. However, those who do follow Bitcoin DCA regularly get the opportunity to buy from the dip, which is difficult for other investors to do. When it comes to investing, I keep emergency fund and try to use that opportunity if I find a big dip.

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September 14, 2024, 07:57:00 PM
 #99

If you’re confident in Bitcoin’s long-term potential, buying the dip could be a solid move. I wouldn’t borrow or sell assets just to get in, but if you have some extra cash do it.

Buying crypto assets with all your savings or income is not the best idea to go about it because one may end up being disappointed with the outcome of their investments in the cryptocurrency, especially bitcoin. Oftentimes people have attached superfluous beliefs and expectations to bitcoin thinking that it will get them rich quickly, but on different occasions, it has shown that Bitcoin or other power cryptocurrencies are basically moving on realistic trends of the market.

What I always advise people is, to be confident on bitcoin's long-term or short-term potentials, isn't just enough, ensuring that you carefully understudy the market trends and how it can favor your investment is the right way to doing things in the cryptocurrency space because what may seem to be the most profitable currency now, can simply go dip and even dipper without solutions, if the coin doesn't profit the investors any longer.

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September 14, 2024, 11:31:31 PM
Last edit: September 14, 2024, 11:44:47 PM by AmoreJaz
 #100

Is buying Bitcoin dip worth the risk for you as a Bitcoin investor or trader ?
Among the investors who are interested in investing after gaining good knowledge about Bitcoin are not looking for Bitcoin Dip. They are most interested in growing their portfolio over the long term. Although buying and holding Bitcoin from a dip increases the profit margin, it is not possible to predict when the Bitcoin dip will be found. An experienced or inexperienced investor will never lose if he holds long term on regardless of any dip in Bitcoin. However, those who do follow Bitcoin DCA regularly get the opportunity to buy from the dip, which is difficult for other investors to do. When it comes to investing, I keep emergency fund and try to use that opportunity if I find a big dip.

As no one can tell you when will gonna be the dip of this market, you are just left to gauge where you will put your funds into. And it is on your own accord when to buy some to collect more for your stash. This is why, it is always best to have a full grasp of this market so you understand if you do really want to stake your savings into this market.

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