Bitcoin is on a discount now

[john_egbert]

Sell off everything you can now to buy Cheap and wait. In a few weeks, Bitcoin Price will go up and be pushing towards  $200k-$1M.

You don't need to have such high expectations. The market isn't strong enough to cause such a price surge in just a few weeks. Bitcoin is indeed discounted right now, but don't be foolish by selling everything you have for the hope of a few weeks. You could end up crying if you follow your wild speculation. You can buy Bitcoin now; the entry price is for us to buy Bitcoin. But don't expect a short-term return.

True to that 100%!

Better to keep stacking than awaiting a miracle on BTC chart, of all coins.

[Abiky]

You don't need to have such high expectations. The market isn't strong enough to cause such a price surge in just a few weeks. Bitcoin is indeed discounted right now, but don't be foolish by selling everything you have for the hope of a few weeks. You could end up crying if you follow your wild speculation. You can buy Bitcoin now; the entry price is for us to buy Bitcoin. But don't expect a short-term return.

The typical mindset of a crypto noob. Believing Bitcoin is a "get rich quick" scheme. Such a pity. It's this reason why many end up losing it all in an instant (going "rekt"). It takes time to be able to build true, generational wealth with Bitcoin. This is more of a long-term thing. Just like Gold.

At current market prices, I'd say BTC is still a bargain. But it can go even lower if the "bloodbath" persists. There's no way to tell if Bitcoin has reached the "bottom". Your best bet would be to DCA (Dollar Cost Averaging) Bitcoin and "hodl" until the dust settles. I'm sure BTC will reach a new ATH after the next projected block reward halving. $250k is the most likely target. I'd diversify my investment into alts, just in case.

[CryptoYar]

[...]

You are right quickest way to lose everything is to think that Bitcoin is get rich quick plan with true way of becoming wealthy being moving past beginner thinking into becoming long term buyer.

Most useful one strategy is Dollar Cost Averaging since even though we may not yet be on the total bottom, the price will possibly not go much lower.
And current price is great deal to those who can handle price swings. Although anyone can invest some of his/her money in Altcoins with higher profits possible, a 70/30 mix between Bitcoin and Alts is safer and will not lost in case market remains weak little longer.

[tread93]

Now is the time you’ve always wanted.

The price of Bitcoin has corrected and touched the $60K price, but the possibility of a downward trend in the price of Bitcoin is very low. Bitcoin has corrected enough, this is the only good time to decide the time to invest. The possibility of getting the maximum benefit is highest if you buy Bitcoin and hold it for a long time, in the current situation, the Bitcoin market can reverse at any time, which means that the price of Bitcoin is most likely to increase.
The current Bitcoin market correction indicates that this has created an opportunity for investors to buy Bitcoin, so no one should waste this opportunity.

I agree, this is a tremendous opportunity to buy more bitcoin. Its currently being wasted by so many folks from so many generations because personally I feel like people are just 1. not understanding still what bitcoin actually does and 2. they are checked out because they think its too late to hop on the party bus. Now i'm not an expert but if you don't think bitcoin is going to go back up to at least 120k in the near future then what do you think is going ot happen? It will surely re-test that area in due time before it could go back up even to a new ATH again.

[iBaba]

In a few weeks, Bitcoin will be heading back to $50k. We've officially entered the "Crypto Winter". You can already see it with prices declining every day. It seems that bears have finally taken over. Good for buying coins at a discount. But bad for those who bought and "hodled" at higher prices. This is a short-term thing, so enjoy the opportunity while it lasts.

If history repeats itself, Bitcoin should be heading towards a new ATH after the next halving. That could happen between 2028 - 2029. I'd buy, "hodl", and forget about the rest.

Since it seems like you have a solid information about the prices and how they are most likely to decline going forward, I will want to ask you this question. Someone told me that with the way these prices are declining that bitcoin will later fall down to 10k dollars per BTC and I argued that with him saying this, it was never going to be possible as I do not expect bitcoin to depreciate that low again. That will be almost 90% off of the last ATH and if that’s the case such volatility and price difference is just too wide for my liking. What do you think about that, how low do you think bitcoin can still get before it rises again after the next halving.

[BlackBoss_]

At current market prices, I'd say BTC is still a bargain. But it can go even lower if the "bloodbath" persists. There's no way to tell if Bitcoin has reached the "bottom". Your best bet would be to DCA (Dollar Cost Averaging) Bitcoin and "hodl" until the dust settles. I'm sure BTC will reach a new ATH after the next projected block reward halving. $250k is the most likely target. I'd diversify my investment into alts, just in case.

If we keep bargaining price with the market, we will fail to buy bitcoin at cheapest price as we will never feel satisfied and be sure that a price is a bottom price. Even it is a bottom price, we will keep waiting for possible lower prices and waste that bottom price. Hesitation to enter the market is a classic fault of people who want to find bottom price, time the market and they usually make similar mistake by feeling FOMO when price already moved far away from bottom price area.

With Bitcoin prices from $60,000 to $70,000, I believe that it is no longer to far from bottom area but if we enter from $40,000 to $70,000, and in a next market cycle bull run, Bitcoin just need to move up to $130,000, not yet higher than that, we will have very good ROIs.

Bargaining prices for enters too much will make us missing the train.

You are right quickest way to lose everything is to think that Bitcoin is get rich quick plan with true way of becoming wealthy being moving past beginner thinking into becoming long term buyer.

Buy and hold for profit, there is no quick rick chance with Bitcoin. If you can hold bitcoin, you will get profit like after some years.
https://hodl.camp/

[Free Market Capitalist]

Buy and hold for profit, there is no quick rick chance with Bitcoin. If you can hold bitcoin, you will get profit like after some years.

No. Not anymore. The best time to get rich quick was in the early years, but back then you had to be crazy or a visionary to acquire bitcoin in one way or another and hold on to it for enough years. Anyway, I think the OP's view is correct. In the future, the price of Bitcoin will be much higher than it is now, and although we can't be too confident about how quickly it will rise, it is definitely on a discount so to speak.

[LFC_Bitcoin]

Well it certainly is at a discount, you can say that again. We are down from 126k top in October to under 70k. That’s a quite significant drop but it’s usual in a bear market. We could actually still drop another 30% or more from here.

Now is definitely a good time to buy but I think there will be an even better entry later this year. If you have enough patience though it’s always a good time to buy Bitcoin. I think we will see 200k or even higher before 2030.

[Tmoonz]

Buy and hold for profit, there is no quick rick chance with Bitcoin. If you can hold bitcoin, you will get profit like after some years.

No. Not anymore. The best time to get rich quick was in the early years, but back then you had to be crazy or a visionary to acquire bitcoin in one way or another and hold on to it for enough years. Anyway, I think the OP's view is correct. In the future, the price of Bitcoin will be much higher than it is now, and although we can't be too confident about how quickly it will rise, it is definitely on a discount so to speak.

it is point less to expect it quick rise even if it does happen, this is expecting a quick rise can be disappointing no one knows when and how it is going to happen, in a simple term the market is unpredictable and a lot of people make that mistakes of expecting a quick rise only to be disappointed, surely there is no quick rich chance with Bitcoin and while it is most suitable for a long term,  indeed it is on a discount right now which alot is going to miss out while waiting for more discounts because it could rise at anytime.

[YOSHIE]

Now is the time you’ve always wanted.

In the world of markets, the nature of ups and downs still exists, sometimes the price of Bitcoin goes up and down, this is not a rare phenomenon, it almost changes over time.
You are selling wrongly at this time, you should have told people to sell Bitcoin when the price of Bitcoin was $120k at that time, if you buy at $80k or $90k of course you will lose, now is not the right time to sell, to buy maybe this is the time, long term investment goals.

From the experience that has occurred after the halving occurred, Bitcoin prices often experienced long changes/declines, this made many investors, some of whom panicked and some of them took this advantage for the long term. You need to know the current market situation, of course negative and positive news still exists, the essence of which remains the stance and confidence in Bitcoin in the future.

[summonerrk]

The moving average (%) - 7D of the bitcoin base returned to the neutral zone as the premium between the spot and futures futures markets dropped sharply. This indicates a weakening demand for long positions in derivatives, and the market is no longer considering an aggressive growth scenario. As a rule, this signals a decrease in risk appetite, a reduction in borrowed funds and a transition to a wait-and-see attitude.
Bulls need more spot demand, as derivatives are currently not contributing to market growth.

[Dunamisx]

With the recent price of the coin gone below $70k, i can confidently say that bitcoin is on a discount. Sell off everything you can now to buy Cheap and wait. In a few weeks, Bitcoin Price will go up and be pushing towards  $200k-$1M.
Now is the time you’ve always wanted.

I want by the idea of selling off everything you have just to invest on Bitcoin, but if you have the opportunity of investing without taking wrong decision on other assets you have by selling them at loss, then try to invest in Bitcoin and also take advantage of the bear markets to buy low and sell high later, not that we can't invest in Bitcoin but it is not also advisable that all our assets should be concentrated only on one investment, this is why diversification comes in.

[terrific]

I want by the idea of selling off everything you have just to invest on Bitcoin, but if you have the opportunity of investing without taking wrong decision on other assets you have by selling them at loss, then try to invest in Bitcoin and also take advantage of the bear markets to buy low and sell high later, not that we can't invest in Bitcoin but it is not also advisable that all our assets should be concentrated only on one investment, this is why diversification comes in.

I think those who have done this in the past were one of the ogs.
They're able to take that risk that only a few are willing to take and now, they're in profit if ever they haven't sold yet or if they still have some.
While we only say and advise that it's best to just spend money that anyone can afford to lose.
The good results from those who have sold everything for Bitcoin couldn't be the same to the ones that will try it now.