Chances to buy Bitcoin back

[stadus]

Yes some traders try to sell when price is high and buy back when it is very low to make big profits but this is risky because it is hard to guess exactly when prices will go up or down. Dollar Cost Averaging is safer for long erm investors. Almost everyone knows DCA means invest set amount regularly which helps out in price changes and it will calmly build our Bitcoin without panicking about sudden price swings. But both have pros and cons DCA is generally more consistent way to invest in Bitcoin.

They're most likely short-term traders, they try to profit from the situation, like during bull and bear seasons. It's a cycle of selling and buying, and that's where they make their money. If the market follows the trend, profit is almost guaranteed for them.

But it’s a different story when you’re focused on the long term. You don’t care much about the current market conditions, you just keep doing DCA consistently and wait until the time comes when you're satisfied with your gains… then you sell.

[RaraAvis]

In my picture of the world (this is not financial advice), the peak of the Bitcoin price will be in November-December 2025. At this time, the price will reach the level of 220,000-380,000 US dollars.🪂

I don't try to time the market as it is really difficult to do it accurately.

There is a Mayer Multiple Price Bands chart that gives some bands likely match with your price prediction.
https://charts.bitbo.io/mayer-bands/

After that, the bear market will begin, and this is when it will be advisable to buy back Bitcoin from the market. But this is just my guess. 🌞

Bear market is always painful for people who don't understand about Bitcoin market cycle, and don't have plans of holding bitcoin for more than one cycle. It's oppositely very good opportunity and funny time for people who prepare capital for Bitcoin accumulation in bear market.

Thank you!
Have anyone noticed me predicting Bitcoin correction to about 112K before continuing to the new ATH in this thread?🤓

[fredericktaylor]

Hi all

Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.
I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction? I mean BTC availability due to its growing scarcity.
(Considering the volumes in which Black Rock, Michael Saylor and other big players are gobbling down BTC...)

Your thoughts please

It's all on you to make your decision, and whatever the comsequence is, it's on you bare. But if it were me, I wouldn't make that mistake as trading bitcoin  is extremely risky since we don't know what they  market hours of market would be, and we can possibly fix out eye to the market chart all day. However the reason I love long term holding is because it keeps you in a state of relaxation while your money grows over time, though it would take a while, but history has been really faithful to holder creating a smile on their face as bitcoin breaks new ATH after many person have concluded that price will continue in bearish move.

It is true that trading in Bitcoin can be risky for beginners because the market monitoring strategy for trading requires constant monitoring. But in long-term investing, there is no need to keep an eye on the market because you will have time to manage your investment gradually and correct your mistakes. By investing gradually, there is no extra pressure on you, so your money grows over time. History shows that if you are patient and invest in Bitcoin for the long term, you can achieve success in the future. History says that a drop in Bitcoin price means a new ATH is ahead.

[HistoLock]

I won’t agree with the type of mindset you have because you are only compromising your future profits with bitcoin. The fact that none of us knows when will bitcoin drop its price, or maybe this time bitcoin price will skyrocket and reach another peak price, so that makes you selling at a loss then. You will lose those excellent profits you will gain later on.

However, the final decision is still within you. Just think of it a thousand times before you proceed to an action that may end up a source of regret in the future.

Yes I agree with your comment, but it is true that there is a guarantee that the price of Bitcoin will reach the highest price. If someone buys Bitcoin at a low price and holds it for a long time, then he can profit in the future. I would advise you to invest in it since it is a valuable currency. It is not possible to say when the Bitcoin market will fall and when it will rise, but if you buy when the Bitcoin market is low and later you can sell it when its market increases.

[melinoe]

I won’t agree with the type of mindset you have because you are only compromising your future profits with bitcoin. The fact that none of us knows when will bitcoin drop its price, or maybe this time bitcoin price will skyrocket and reach another peak price, so that makes you selling at a loss then. You will lose those excellent profits you will gain later on.

However, the final decision is still within you. Just think of it a thousand times before you proceed to an action that may end up a source of regret in the future.

Yes I agree with your comment, but it is true that there is a guarantee that the price of Bitcoin will reach the highest price. If someone buys Bitcoin at a low price and holds it for a long time, then he can profit in the future. I would advise you to invest in it since it is a valuable currency. It is not possible to say when the Bitcoin market will fall and when it will rise, but if you buy when the Bitcoin market is low and later you can sell it when its market increases.

Better to buy at any price, but steadily.

Because you know BTC will rise back up, but you don't know when

[Dr.Bitcoin_Strange]

I don’t understand why you have to sell your btc just to buy back again btc? Maybe if you sell your altcoins so you can purchase bitcoin, that would be a very smart idea. But selling off your bitcoin so you can buy bitcoin again, not actually a good idea for me. Instead, just do the DCA or wait for a price correction and accumulate more bitcoin to add on your portfolio, that way you will have massive profits with bitcoin in time.

I believe he wants to take profit now that price is above $110k, then buy more during bear market, that would not be a bad strategy unless Bitcoin doesn't fall below the price he sold when bear market starts. Let assumed he sold when price was still above $120k and he holds the Fiat until 2026 when comes the bear season and Bitcoin dips to $50k, he can buy more by then. If it works like that for him, then it's not a bad strategy but Bitcoin can be unpredictable sometimes, such that price might not dip to the price he expected.

[Rockstarguy]

If you are willing to buy BTC, I don't think you will be waiting for the dip before you can buy BTC from the market, because sometimes you will be waiting for the dip to come for you to buy than to see the price pumping to make you confuse not know what to do either to buy in the high price or continue waiting for dip market to come.

Whoever is waiting for the dip just to buy Bitcoin is not a serious investor because if the dip does not come quickly, the person will still be waiting to buy Bitcoin. Even if the dip occurs and Bitcoin is bought, if the price drops, the person will be worried. This is because people like this only care to buy very low and expect the market price not to fall again, and if maybe the price of Bitcoin drops, they become worried and can end up selling very low.

Bitcoin should be bought at any time, and there is no need to wait for the dip because it is a waste of time. As long as there is an understanding that Bitcoin is a long-term investment, there is no need to wait for a particular market price to buy Bitcoin.

[mirakal]

Hi all

Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.
I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction? I mean BTC availability due to its growing scarcity.
(Considering the volumes in which Black Rock, Michael Saylor and other big players are gobbling down BTC...)

Your thoughts please

Selling is not a bad idea. In fact, most of us are here to earn profit from investing in Bitcoin. If you are in a profit, please go ahead. It was your money; your decision is the king. If you are into the buy and sell business. You could simply apply that strategy here.

Buy, sell, and hold. That is what actually happens here. Just to think that we are in business and we take all the opportunities that make us profitable. Don't get too dumb with those people who say just hold. Don't let them ruin your plan.

[Dunamisx]

One of the rare opportunities I will always preach to the people about bitcoin investment is to always consider buying the dip at every stages, the more the fall the more the buying potential for an investment to hold, this will help them make more profits as the market continues to be more bullish after the correction has been made following the fall, which is best for those that want to go along with DCA in Bitcoin investment.

[BitHodlers]

Hi all

Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.
I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction? I mean BTC availability due to its growing scarcity.
(Considering the volumes in which Black Rock, Michael Saylor and other big players are gobbling down BTC...)

Your thoughts please

If your intent is to make more dollars then perhaps it will work. If your intent is to expand your BTC balance, this is highly risky. I have heard this method being preached countless times, chase the top and chase the bottom afterwards. Despite of this I know countless people who sold at what they believed was a top and they are still stuck out of the game. One wrong move can cause a massive loss in your Bitcoin balance. It is possible to win but it requires good research or a good source and good strategy. My advice is to never attempt this with your main stash. Allocate a small side portfolio. Try to grow it this way. If it fails, give up on this method and never try it again.