THE BEAR MARKET JUST STARTED

[pawanjain]

Even I believe that we are in bear market already and may be this could be the bottom range that we are in currently.
May be we can also see few more corrections downwards before we really start going upwards.
DCAing is probably the best strategy right now which will help us accumulate at a better average price.

Sad to say but I was hoping we would see a new ATH price when we were at $126k.
I kept waiting for a new ATH price so that I could sell higher and then buy back lower but I have completely missed that opportunity.
Now there's no other option than to HODL what I have while putting in more capital at lower prices.

[Henryglass16@gmail.com]

I only have 1,000,200 sats so far. Do you think I should just be saving money over the next few months and add them as a lump sum when the price dips?? and what do you guys think of people who trade bitcoin like accumulate and then sell when it hits an all-time new high then  they buy from the bottom !!???  is that good advice or should I just DCA and lump sum when it dips?

[Witch hunting]

I have read several predictions that Bitcoin will still hit another ATH before the bull run is over. It is possible that it could happen, but from the indications, we have entered the bear season. What are those who are panicking and selling at a loss thinking? Maybe they assume that Bitcoin will not rise in the future, or they don't have emergency funds to handle some expenses. This is because I don't see any reason why people are selling at this time. Keeping it for a few years would bring gains. This time is for accumulation and hodling.

For me Bitcoin price will not recover this year. However nothing is impossible.

Only skeptics still hold a naive mindset and are willing to sell their BTC cheaply out of fear. Visually, the market is still fluctuating between 68,000 and 70,000, but when BTC is about to rise, is there anyone capable of stopping it?

True answer like you say nothing is impossible for BTC to rise up.

[Luzin]

I kept waiting for a new ATH price so that I could sell higher and then buy back lower but I have completely missed that opportunity.
Now there's no other option than to HODL what I have while putting in more capital at lower prices.

That is the best way to gradually reduce losses. You are lucky if you didn't go all in at a single price and still have enough funds to make purchases using the DCA technique. You might feel sad right now because its value has decreased, but the quantity remains the same. This is a normal situation; when you are confident it can reach a new ATH again, then hold on. You have surely understood the Bull and Bear periods; it generally takes about 4 years to reach a new ATH if we look at BTC price movement history. But remember, it requires strong mental strength and patience.

[Hamza2424]

Its definitely a time for buying and there will certainly be others who will be holding out for lower market pricing
and even trying to time the bottom [which is very difficult]

After buying a few times around $100k myself, I have already started "lowering my average"

If you have bought at $100k then you are doing great by lowering the average buying price because bro this is really a great time yo accumulate more btc many of us are underestimating the current price and taking it lightly because they think it can dump even more. Their bullish sentiments or mindset whatever they had is mow gone. All they doin right now is enjoying Epstein haha.

They will regret, by the way I came to know a week ago that there are some members in the community who still think that the bear market has not come yet but most of us are saying we are already in the bear market.

[Franctoshi]

Meanwhile, $BTC just hit its lowest 2-week RSI since:

- June 2022
- December 2018
- January 2015

Now is the time to DCA.

Not panic.

Even the timing aligns PERFECTLY:

1428 days | RSI low to RSI low
1288 days | RSI low to RSI low
1330 days | RSI low to RSI low

Yes even the monthly RSI is nearing its lowest oversold level on the Monthly perspective since the 2022 bear market, signalling a potential market reversal in the nearest possible time, we do not have much room to go down than we have to go upwards, despite the escalating tension between the US and Iran, I do not have disbelief in what the market would do, even in time of wars and geopolitical tension Bitcoin is a save heaven for investors.

[sunsilk]

Are you brave enough to buy while everyone is panicking?

Yes. I remember there were times in the past of these cycles that's being told about blood baths in the market.

It provides fear to most investors and these are the uninformed ones. But those who are knowledgeable and understood how the market works. This is actually a shopping spree for them.

So you choose which is the hard path you'll take, hard path of doing nothing and not taking advantage of this time.

Or the hard path of acceptance that we currently in a quite low and yet, you know that we'll recover soon and that's why you are buying.

[Ziskinberg]

Even I believe that we are in bear market already and may be this could be the bottom range that we are in currently.
May be we can also see few more corrections downwards before we really start going upwards.
DCAing is probably the best strategy right now which will help us accumulate at a better average price.

Sad to say but I was hoping we would see a new ATH price when we were at $126k.
I kept waiting for a new ATH price so that I could sell higher and then buy back lower but I have completely missed that opportunity.
Now there's no other option than to HODL what I have while putting in more capital at lower prices.

I guess everyone expected a new ATH after we have seen bitcoin price finally reached $126k but I think there are always price twist from time to time and we shouldn't be surprised about this since bitcoin has been behaving like this from the start.

However, the current price should not made us worry too much, even if its drops more. This is just another golden opportunity for bitcoin, and while others are now panic selling, those who have diamond hands are now start buying and accumulating maximum amount as we can't be sure if we will still see this price again in the next couple of months or years.

[nakamura12]

Doing DCA doesn't mean that you must wait for the price to decrease because DCA means that you will accumulate bitcoin over time regardless of the price although it's good to buy Bitcoin at the current price today compared to the price when bear market hasn't started. Well, not all can take advantage of this bear market either don't have lots of money or panicking about the price unlike those who have lots of money where I can say that they will surely take advantage of the situation to accumulate more Bitcoin.

[Popkon6]

Those who buy Bitcoin every week have a better opportunity, because they can now buy more with less money. Those who buy Bitcoin by following the DCA method are able to hold it for a long time, but the best opportunity has been created to buy Bitcoin. One should definitely build a holding by taking advantage of this dumping in the Bitcoin market, because the price of Bitcoin is low to increase later. So the price of Bitcoin will definitely increase later, so this is the only good opportunity to buy Bitcoin at the present time.

[lionheart78]

Are you brave enough to buy while everyone is panicking?

Why not?  We have seen the Bitcoin price history, during the bear market, every Bitcoin sell order is discounted.  We can just calculate the discount from the ATH and whatever its price is right now.  Are we not happy when we get a 10% discount from any mall sales?  So with more than 50% discounts on every Bitcoin on sale today, we should be jumping with joy buying them.

The crowd buys tops and sells bottoms.

Don't be the CROWD.

It is not the crowd, but rather the uninformed buy tops and sell bottoms.  Those who get into Bitcoin without understanding its market history will surely panic the moment they saw Bitcoin plummeting, but those who are informed know it is just the natural flow of Bitcoin price.