Why always waiting for the right?

[Miles2006]

88,000$ do you think the market would definitely get lower than this?
Actually there are lot of people who where expecting for the market to break even, but after reaching the hand of 97k Plus then a strong selling pressure came through which actually affects the exchange and to its corresponding.

Well these are mere speculations, bitcoin getting lower than this is quite certain? Other than the fact people want to buy bitcoin at a lower price or they’re just panicking as a result of the bear market. Bitcoin market is never stable, the past market history tells a lot about the current prediction but, not enough to trust the price prediction totally. Every prediction is under probability if we might never see such low price range again meanwhile there’s no point panicking when the price will rise again although it takes time before earning profit.

[bhadz]

No one can predict exactly where Bitcoin's price will go, it's certain to fall, even below $88,000. There's no need to focus too much on the price. If you're confident that Bitcoin is a good asset, then the price isn't the issue, the focus should be on buying low for the next bullish trend.

That is the mindset of the long term holders, we don't mind waiting but don't forget to take time to realize if it's a good time to sell, convert into some stables and buy back when the price drops. So that you'll get that profit from it and at the same time, you get back the BTC from where you've taken the profit. Sounds easy but if one doesn't have to do anything, just believe in the long term and stability of bitcoin. And that's because it definitely is here to stay.

Why always waiting for the right?

Why not? if you have made mistakes in the past of not buying, you'll wait for the right time for it to come.

[Frankolala]

It best thing is to take a chill pill and watch the market on which direction it's moving towards. Personally, I think we will still have the price rally between $87k-$97k range. If it can pump above 97k,$100k is achievable. Don't just wait continue DCAing because you don't know if we will get to $100k soonest.

[Issa56]

88,000$ do you think the market would definitely get lower than this?

Nobody knows if the market is going to get lower, or it’s going to pump from the current price. If you are planning to invest in bitcoin, then you don’t have to keep on waiting for bitcoin to dump before investing in bitcoin, we should know that nobody knows how low bitcoin is going to go, so you won’t be able to buy bitcoin at the lowest price.

If you really want to invest in bitcoin, then make sure you make use of DCA strategy. You will be buying bitcoin gradually, so if you are making use of DCA strategy, you don’t have to keep on monitoring bitcoin price, you don’t have to keep on waiting for the market to dump before you going to invest.

[Odusko]

88,000$ do you think the market would definitely get lower than this?
Actually there are lot of people who where expecting for the market to break even, but after reaching the hand of 97k Plus then a strong selling pressure came through which actually affects the exchange and to its corresponding.

$89,440 current price, this shows that bear market have set in a little but not as bad as we thought it will be, some predicted that the price of Bitcoin will even go down to around $65,000~$70,000 this made it a terrifying time seeing Bitcoin dipping from $97k to the level it is right now.

[GreatArkansas]

But we must also not forget that the current price is nearer to $100,000 than $60,000. So for me, I am still confident we will reclaim $100,000 for me to become bullish again.

I'm pretty confident too that Bitcoin will get to $100k rather than going down to $60k, but it's not because it's currently closer to $100k than $60k. When Bitcoin dipped to around $84k in November, it was closer to $120k than $84k . I believe it will get to $100k because a lot of people are waiting for the dip. People don't understand which way the price might go this year, so a lot of people are still waiting. If Bitcoin dips below $80k, I believe more people will see it as an opportunity to buy rather than an opportunity to sell and that will make the price pump.
It's just a personally observation though, I have no data to back it up.

Yes, but recently, when we rose to around $95,000. It didn't go up to $100,000. So it seems a rejection, seems there are still lot of bears don't want Bitcoin to reclaim the $100,000 level.
This is the reason why I am still not bullish on Bitcoin right now, like how many weeks-month we stayed around $80,000 - $90,000 level, only days it dumped and we are back at it again.

[Grace333]

88,000$ do you think the market would definitely get lower than this?
Actually there are lot of people who where expecting for the market to break even, but after reaching the hand of 97k Plus then a strong selling pressure came through which actually affects the exchange and to its corresponding.

We cannot certainly tell what the market would do in the next few days, weeks or even months, the predictions we see are basically just analysis based on what they feel however it would be a risk to wait for price to drop further when you have the capital to buy. Things like this is the reason I consider DCA to be the best bitcoin accumulation and investment strategy. Instead of waiting and missing opportunities in the market you can just focus on buying from your discretionary income after all major basis needs has been met rather than waiting for a huge amount of money to buy bitcoin.

[fuguebtc]

88,000$ do you think the market would definitely get lower than this?
Actually there are lot of people who where expecting for the market to break even, but after reaching the hand of 97k Plus then a strong selling pressure came through which actually affects the exchange and to its corresponding.

$89,440 current price, this shows that bear market have set in a little but not as bad as we thought it will be, some predicted that the price of Bitcoin will even go down to around $65,000~$70,000 this made it a terrifying time seeing Bitcoin dipping from $97k to the level it is right now.

As you said, the bear market has begun, and it is only just beginning.  Its still too early to say that the bear market is not as bad or as scary as we think

The new year has only just begun, and if the  4 year cycle is repeating itself, bear season is still very long and could last until the end of the year. Therefore, instead of being complacent, plan for the worst case scenario, especially when the geopolitical situation is more tense than ever.

I even thought that Bitcoin would drop below $50k, not just $65k-$70k

[Shinpako09]

Short answer, because they are afraid to lose. Losses are inevitable, the best thing to do is DCA. Or if you can’t take it, cut the loss. They are so afraid that before they decide, they want to see the market rally instead of buying while the market is down. This usually happens when someone is not a long term holder. But of course, we can’t blame them for being afraid to lose even a bit of their investment. Money doesn’t grow on trees, after all. But as they say, no risk, no lambo.

[Mr_Brilliant$]

88,000$ do you think the market would definitely get lower than this?
Actually there are lot of people who where expecting for the market to break even, but after reaching the hand of 97k Plus then a strong selling pressure came through which actually affects the exchange and to its corresponding.

People probably still always want to wait for the right time becaue they obviously don’t get the fully picture of Bitcoin.. Because if they have, they wouldn’t be so concerned about the price of Bitcoin and finding how they could accumulate more though DCA menthod.
Trying to wait of buy at the right time, will always delay you investment process, making you to miss out without even knowing..

[Silikiem]

Short answer, because they are afraid to lose. Losses are inevitable, the best thing to do is DCA. Or if you can’t take it, cut the loss. They are so afraid that before they decide, they want to see the market rally instead of buying while the market is down. This usually happens when someone is not a long term holder. But of course, we can’t blame them for being afraid to lose even a bit of their investment. Money doesn’t grow on trees, after all. But as they say, no risk, no lambo.

I think majority of those who waits for the right time are just trades who are in for a quick cheap profit. They only wants to buy bitcoin at a lower price so they can sell quickly when they notice a little increase in price. Such mindset is the mindset of traders, and is a very wrong approach towards bitcoin investment especially for new investors who ought to have been accumulating regularly in order to enable them gather a decent amount of bitcoin to their portfolio because while they are waiting for the price to dip, they can’t really tell when it will occur because the market is really unstable and unpredictable. Instead of waiting for the dip which may not occur I think is better they accumulate regularly with the DCA method using just their discretionary income at any market price.

[Stable090]

People probably still always want to wait for the right time becaue they obviously don’t get the fully picture of Bitcoin..

People still waiting don’t have the proper knowledge which they are suppose to have about bitcoin. If you have proper knowledge about bitcoin, then you not going to keep on waiting before you going to invest in bitcoin. We know bitcoin price dropped already, so it’s an advantage for anyone that wants to invest, but if you are still waiting for more dip, then I don’t know what the person is waiting for.

We should take our time to learn about bitcoin, don’t join bitcoin investment because people are investing, take your time to properly understand where your money is going to. If you are investing in bitcoin, DCA strategy is the best strategy, just make use of DCA strategy instead of waiting for dip.

[ScamViruS]

The market rebounded quickly from the last time Bitcoin hit the $80k level. I expected last week that Bitcoin would go down again if it somehow broke the $95k level. Bitcoin is already under $90k and has the potential to go down further from here, even to $80k. Because the market is in a confusing situation now.

A large part of the crypto market thinks Bitcoin will go down even more this time. But we know that the market reacts in the opposite direction to the majority, as we have seen before. So we have to wait until next week to see how the market will react, whether it is an uptrend or a downtrend.

[Cleanslate_]

Everytime is the right time to buy and invest in bitcoin as long as your money is available which makes it more easier, you don't need much to start investing, it's only your discretionary income with the dca strategy because you don't know what will happen the next minute in the market , therefore immediate purchase of bitcoin is the best to prevent regret, someone that has already see the price of bitcoin dropped to $88 is not to waste time at all thinking it will go below that might just not come easily.

The dca strategy helps you accumulate bitcoin little by little without stress or any added disturbance on your monthly expenses, you take your time to build your investment until you are well stable to increase your portfolio.

[Powerjumboo]

I think the market is still in a stable state. If the price of Bitcoin drops below $60k, you might consider that situation unstable. The price drop means that Bitcoin will reach higher in the future. Consider the DIP price as a buying event only.

Looking at the current state of the Bitcoin market, it seems that the market is stable because we can see that Bitcoin has dumped from around $98,000 and is now fluctuating between $89,000 and $90,000, where there has been no major volatility. However, you are right if the Bitcoin market dumps to $60,000, then the Bitcoin market can be considered a bear market and especially if the Bitcoin market goes to $60,000, there will be a lot of panic in the market and many people will panic. However, if the market dumps more, the future of Bitcoin will reach a very good position.

[Popkon6]

88,000$ do you think the market would definitely get lower than this?
Actually there are lot of people who where expecting for the market to break even, but after reaching the hand of 97k Plus then a strong selling pressure came through which actually affects the exchange and to its corresponding.

Bitcoin price touched $97k in a normal pumping, and currently Bitcoin price is again touching $88k in the past. It has been stuck in the $80k to $90k range for a long time, but even though Bitcoin price naturally rises, it is corrected to create an opportunity to invest in Bitcoin. However, the current dip that has been created is a sufficient opportunity to invest in Bitcoin. So this opportunity should be used by holding Bitcoin.

[Adams0001]

Only in January, we have Bitcoin at $88k, and you are asking the question whether Bitcoin won't fall further? It will. We can even find Bitcoin below $60k or below it before the end of this year, maybe towards the last quarter of the year, Bitcoin will pump a little, staying above the $90k range

Bitcoin is always on unpredictable and if you think they will have the right time to invest in bitcoin, i think you're just wasting your time you should just invest and wait for your benefits for long term and stop worrying about the volatile. If you think that bitcoin should reach below $60k or reach exactly the $60k before you invest. i think you're not really doing well, and now if you said you won't invest in bitcoin if the price of bitcoin didn't drop down to the  amount you want you won't invest. and probably bitcoin won't get back to that figure that means you will just be wasting your times by not investing in bitcoin and other that are patient and invest in bitcoin with any amount they get when the price is increasing,that will always increase there funds. So we shouldn't be wasting the opportunity we have to invest when you have capital already, just but your mind on long periods.

[Swordsoffreedom]

Only in January, we have Bitcoin at $88k, and you are asking the question whether Bitcoin won't fall further? It will. We can even find Bitcoin below $60k or below it before the end of this year, maybe towards the last quarter of the year, Bitcoin will pump a little, staying above the $90k range

Bitcoin is always on unpredictable and if you think they will have the right time to invest in bitcoin, i think you're just wasting your time you should just invest and wait for your benefits for long term and stop worrying about the volatile. If you think that bitcoin should reach below $60k or reach exactly the $60k before you invest. i think you're not really doing well, and now if you said you won't invest in bitcoin if the price of bitcoin didn't drop down to the  amount you want you won't invest. and probably bitcoin won't get back to that figure that means you will just be wasting your times by not investing in bitcoin and other that are patient and invest in bitcoin with any amount they get when the price is increasing,that will always increase there funds. So we shouldn't be wasting the opportunity we have to invest when you have capital already, just but your mind on long periods.

But what guarantee is there that Bitcoin will definitely not fall below $60k?

It is true that Bitcoin is alway unpredictable, and nobody has a crystal ball to know the future. However, you need to know that each person has a different investment strategy and risk tolerance. Do not be quick to judge someone as unwise or a waste of time just because they do not share your view

Whether to buy now or wait for BTC to fall further depend entirely on each person's strategy and perspective. We should not impose our thought on other, nor should we hastily change our plans just because someone influences us when they are unsure of what they are saying

[jcojci]

The price is at $88k level and still going down. We don't know for sure how deep the price will goes down but if you want to buy at low price, you can place your order buy at the low price you want. The selling pressure coming this time and it is right in the weekend which happens many times.

But we hope that this will not trigger to the next lower price and will increase back. But reaching $97k still a mystery and no one knows if that can happens or not. We can just wait  for the right time to buy at low price.

[rezakurnia66]

Talking about possibility, if you buy bitcoin during at $88k you earn almost 8% profitable when bitcoin success break out to $96k although its for short term moment only but you earn enough profitable. Today bitcoin have correction few percent and drop under $89k if my capital not holding yet for buying bitcoin at $94k last three days ago I will buy more bitcoin right now.
Before bitcoin declining to $100k I think always great chance to buy back bitcoin and right now have another drop price and great moment if want buy more, I think last few days ago decreasing has possibility for bitcoin will break again around $96k to $97k. If you worry better buy bitcoin with several kinds price from $88k then set up lower to buy at $85k until $80k.