Bitcoin on fire sale?

[Onyeeze]

I have said this before but this is the best opportunity for anyone that have finance to buy bitcoin right now so that it will hold for long time so that whenever the price of Bitcoin increases in the value you link sir and make profit because at this point the price is decreasing it will letter, increases so it will be good that we utilize this opportunity by buying more of Bitcoin so that by 2026 the price may increase and will make profit and some of us who like to hold for long time I think it is the our best time to purchase at the price drops and the hold even though it is 2 years or 3 years holding we can hold it until when bitcoin will return to high price

[Wiwo]

For anyone who thinks he can stsndthe pressure with the bitcoin market volatilities,  should take a bow and leave the scene for a while, i dont see the need for all this media hyping and fear creating speculations that is coming up in the last few days that the bitcoin market made a significant dip down correction.

For those thay already have knowledge of the time, their are buying and for those that have less experience they busy following the news.

But whales already position and building up golden hands.

[Mallampue]

I think the safest choice this time is for selling, not buying.

Even though people missed to sell at $125K or $120K above, but if they sold their coins now, they're still in profit assuming they hold when the price was quite cheap. If Bitcoin crash, the price would be low enough and they can accumulate Bitcoin again. Rather than holding or buy Bitcoin with the hope December Bitcoin will break new ATH, I find it's too much expectation.

If they bought at a low price of around $50K then selling now is still profitable while buying high is not logical to sell at a loss.
There are also those where they are better off holding on while accumulating more bitcoin than selling it more holding and indeed every investor has different principles in the strategy for bitcoin, the most important thing is when it drops sharply it's time to buy and prepare your spare money.

[Inior]

I was trying to get an image uploaded which contains my analysis on the chart of bitcoin but it seems talkimg is down for some days now. Well I did my analysis on bitcoin and the results I got is simple. There is a major support and resistance zone which price has been repecting for a while now and that is the $74k zone. If you check the market chart, it's obvious we've had several testing and retracements on that zone. However I'm expecting price to do same and that means, I'm anticipating price to fall a little bit to $74k. Which implies that we are actually in a good buying zone, one shouldn't miss this lucrative opportunity the market has given, by fixing their minds on the dip and how much of profits they're losing so far but grab this opportunity which will pay handsomely when price retraces back to the ATH zone. It might take a while but provided your aim is centered on long term then waiting shouldn't be a problem.

[LOVER BOY 422]

According to this head of research André Dragosch, the price on bitcoin is presently good for buying? Does everyone agree or disagree?

We cannot argue against him the price is more cheaper than before, however, how can we be certain that this will not dump again because there are still others who have not sold who will sell during the pump? We cannot trust these bullish people in social media or in those trading forums because they are certainly having a painful feeling for being bagholders.



Is Bitcoin having a fire sale?

The top cryptocurrency’s price plunged to around $82,000 on Friday, extending a month-long sell off that has erased more than $1.4 trillion from cryptocurrency markets.

But for Bitwise’s European head of research, André Dragosch, the crash presents investors with a potentially lucrative opportunity.

“Bitcoin could still trade lower in the short term until a clear bullish catalyst emerges,” Dragosch told DL News. “But these would be ‘firesale valuations’ and very attractive entry points to build exposure to Bitcoin.”

How low can it go? Well, Dragosch is eyeing up support between $81,000 and $73,000 — the cost basis for BlackRock’s IBIT and Strategy’s holdings, along with Bitcoin’s former all-time high. Below that, he argues, Bitcoin becomes a screaming buy.

Read in full https://www.dlnews.com/articles/markets/fire-sale-valuations-for-btc-price-says-bitwise/

What is their is that in cryptocurrency will can't automatically knows what tomorrow hold for anyone, because in the next one months the market will increase and you benefited in it so patience is indeed a virtue,but what if you didn't hold that means you would have lost all so keep waiting and Make research over it to know what you actually need before you sell.

[Out of mind]

According to this head of research André Dragosch, the price on bitcoin is presently good for buying? Does everyone agree or disagree?

I believe this is the best time to buy Bitcoin. The price of Bitcoin has dropped significantly, so it is very important to buy more Bitcoin with your own confidence and as much as you can. Bitcoin long-term investment system when we consistently buy Bitcoin with this mindset and hold it for the future, we can reach our specific goals and protect ourselves from inflation. Those who buy Bitcoin at this time and hold it for the future can definitely expect to get long-term benefits.

Yes, long-term investment is always profitable and will help a person financially in the future. Right now we can see that the price of Bitcoin has come down a lot and the way the price has come down, it was definitely the best moment to invest, many investors bought from here. If we invest right now and hold Bitcoin for a long time, then it is definitely possible to get good financial profits. However, if we invest in Bitcoin, it is for our future to plan for it and invest in Bitcoin to improve our financial position. Bitcoin will enter a stage in the future that we can currently predict, so we should buy Bitcoin and hold it for the long term.

[yudi09]

According to this head of research André Dragosch, the price on bitcoin is presently good for buying? Does everyone agree or disagree?

I believe this is the best time to buy Bitcoin. The price of Bitcoin has dropped significantly, so it is very important to buy more Bitcoin with your own confidence and as much as you can. Bitcoin long-term investment system when we consistently buy Bitcoin with this mindset and hold it for the future, we can reach our specific goals and protect ourselves from inflation. Those who buy Bitcoin at this time and hold it for the future can definitely expect to get long-term benefits.

With the current Bitcoin market price trading at a better level, buying Bitcoin at any time is a good idea for long-term goals such as preserving value for the future or, more precisely, achieving financial freedom.
Buying at $85,000 or $100,000 are both good options, and I don't categorize either as bad. The only difference is the amount of Bitcoin you get for the same amount of money.

In the long term, no one will incur losses, and everyone will always be in a profitable position; the size of the profit simply depends on the amount of Bitcoin held.
In the short term, people can also make a profit if their actions align with their goals.

[BALIK]

I have said this before but this is the best opportunity for anyone that have finance to buy bitcoin right now so that it will hold for long time so that whenever the price of Bitcoin increases in the value you link sir and make profit because at this point the price is decreasing it will letter, increases so it will be good that we utilize this opportunity by buying more of Bitcoin so that by 2026 the price may increase and will make profit and some of us who like to hold for long time I think it is the our best time to purchase at the price drops and the hold even though it is 2 years or 3 years holding we can hold it until when bitcoin will return to high price

It's not a bad time to buy, as bitcoin is down more than 30% from its peak, but I don't think it's the best time to buy nor is it the time to go all in. Because Bitcoin is more likely to experience sharp declines when the bear market arrives, and that is certain to happen.

So I won't give any advice and for me any advice at this point is not trustworthy. Or asking for advice from others is also a bad idea, because none of us knows what will happen next. Whether or not to buy bitcoin at this point is a personal decision, we should do our own research, analysis and make our own predictions.

[free-bit.co.in]

Honestly, those who advise that this is a good time to buy and even call it the perfect time. I'm asking honestly, have any of you bought it? Or do you not dare to buy because you are afraid that the price will fall further if a bear market really comes but still calmly give advice to others?

Because today I see famous people who gave hundreds of bullish advice and predictions about bitcoin and were praised by you guys, have sold their own Bitcoin. Not long ago, when bitcoin was above $100k, he was still shouting that this is a good time to buy bitcoin and the price will reach $250k, $500k, but now he is selling it for $90k. 


https://x.com/theRealKiyosaki/status/1991936172860563661

[osasshem]

The current Bitcoin price is a very good price to buy having seen the ATH which it has created and the expectation of reaching there again is always possible, just a matter of time and patience.

Honestly, those who advise that this is a good time to buy and even call it the perfect time. I'm asking honestly, have any of you bought it? Or do you not dare to buy because you are afraid that the price will fall further if a bear market really comes but still calmly give advice to others?

For me, I am holding my Bitcoin, I didn't sell at Bitcoin's ATH of $125k, of which I am kind of regretting not having sold at that highs, well I'm just holding no matter the direction, while the funds for my altcoins where pushed to stable coins waiting to jumping in again when a satisfying green light shows.

[chigo]

According to this head of research André Dragosch, the price on bitcoin is presently good for buying? Does everyone agree or disagree?

I one thousand percent agree that Bitcoin is currently experiencing a significant discount. This is the same pattern that Bitcoin has experienced over the past few years, and it keeps repeating itself.

By the way, there are two types of people exiting the market: those who take profits and buy back at a lower price, and those who cut their losses and feel they've lost in the market. I feel sorry for the second group because they're impatient and have faith in Bitcoin.

[Frankolala]

Getting into the bitcoin bandwagon jas been everyone's wish, also buying more bitcoin at a cheaper price is what most long-term investors seek. This is the best time for anyone to buy bitcoin and hodli because the price is cheap. I believe that we have one last chance to see this price again. So, don't let this opportunity pass you by.

[aoluain]

Its a fire-sale which cannot and must not be missed.

I certainly jumped in with both feet and made a few purchases.

Nobody knows what way the market will go, up or down but I would rather have
bought now and the market to drop than not buy and the market to rise. I have
already bought at $112k and If the market should drop further I will buy again.

The trouble is though that there are those who wont buy for fear of the market
dropping further.
 

[Coyster]

According to this head of research André Dragosch, the price on bitcoin is presently good for buying? Does everyone agree or disagree?

There is an old saying in this forum that there is no bad or wrong time to buy bitcoin and i like to think that statement hodls some truth in it. I do not pay attention to research experts or any kind of expert that gives advice to people on when to buy or sell their coins, i like to do my own reserach and discuss with bitcoiners on this forum and then make my own decision.

That said, it is easier said than done to advise people to buy bitcoin when the price is falling, many people would turn it down and tell you they do not want to "catch a falling knife", which is understandable. But it is always better to buy low and sell high, so if you are a long term investor, you should aim to buy bitcoin when there is a dip, rather than FOMO buy when it starts to pump high.

[Stormisover]

According to this head of research André Dragosch, the price on bitcoin is presently good for buying? Does everyone agree or disagree?

I agree on this, because those that buy will soon be grateful for taking such decision after which the market begins to rise, I've been seeing the indication that the market is trying to make a supporting level as it advances above $85,000 and once this is being maintained till the new week, we should expect a blast from the market sending it to rise the more to $90,000 and a something close to $100,00 and I got this convection from the recent fall taking us back to $80,000 and if it will rise, expect something more than $90,000 as well.

Of course it's a discount price as the last all time high is around $126k. The question is are we in the bear market or not? Because if we are then, then the price will very much continue to decline and who knows what will be the bottom or the lowest low. But if we are not then, and we think that we can still go up in the future or at least first quarter of the year then take advantage of the price right now and then when we hit the peak of the bull run then sell and squeeze some profits. And if you're really into the picture and wanted to hold at least in the next 4 years then why not? So let's see how the market will react, if the decline will continue or we will have a recovery at least to $90k then $100k next year.

There shouldn't be any form of concern about the reaction of the market to negatively influence those of us that already have a four year and above holding time line because present conditions should interpretes that the journey has just began where the focal point now should be to buy as possible as we can in preparation of next reaction of the market, the decline might continue but recovery seems so positive and possible to happen to at least more than $100k at the first quarter of next year.

[free-bit.co.in]

For me, I am holding my Bitcoin, I didn't sell at Bitcoin's ATH of $125k, of which I am kind of regretting not having sold at that highs, well I'm just holding no matter the direction, while the funds for my altcoins where pushed to stable coins waiting to jumping in again when a satisfying green light shows.

Not just you, most people regret not selling when bitcoin price was above $125k, including me. The truth is, most of us set our expectations too high and unrealistically high, and now we all feel a little regretful.

But as I said, I believe not many people dared to buy when bitcoin price dropped to $82k in the past few days. But the funny thing is, they’re perfectly comfortable giving buy advice to others at this moment.

Honestly, in my opinion, people should not buy at this point because a bear market is inevitable and we will not lack better buying opportunities.

[r_victory]

Based on what we've seen throughout Bitcoin's appreciation since its creation, I agree that now is the time to buy, or wait a little longer and buy even cheaper. This might be a great opportunity for anyone wanting to invest in Bitcoin. However, if it starts to fall too much, it's best to be cautious, as it could mean something is wrong.

[JoyMarsha]

According to this head of research André Dragosch, the price on bitcoin is presently good for buying? Does everyone agree or disagree?

This is a good question

Do you not know that any fall in bitcoin price is a very good opportunity to buy more? If you do not know that, you have known that now.

If bitcoin price fall more, it is also good to buy more. You will really be happy later when bitcoin get to ATH.

What I like about the Bitcoin price fall is that it comes back strong with an increased price more than the price it had before.

If Bitcoin should decrease from $126k to $83k within a month, it can still pump that higher within a month or two, depending on the influx of the market that positive news can generate.

[doomloop]

I believe, this might be a good buying point if we are ready for hold for a long term. I would personally wait for some more time to see price dipping more before I can make buying decisions but it might just bring risk for a few. We might even miss the opportunity if the price reverts back. I do think that the bears have returned to the market and usually in this case, the market remains bearish for a while before making any gains so I think this is the reason why I will still hold my buy orders.

I will start buying immediately if I see any positive news as recently fundamentals are playing an important role to decide the faith of bitcoins. I need constant monitoring for it and I am ready to invest my time. I will not suggest others to do the same, instead they can just start buying as we already are in a dip. For long term, this can only be profitable.

[coolcoinz]

Fear and greed index in all time lows is always a good opportunity and this time was no different.

If you bought the lows of 80k, you're up 10% today. To compare, if you bought the November dip on gold, you're up only 5%. My stock index ETF made 5% in the last 3 months and my savings account makes 3% a year!

People have these numbers before them and they still criticize bitcoin for being a bad investment, or being boring. Either they choose to ignore math, or they can't count.