What is your next buy price

[DanWalker]

If you are planning to buy back bitcoin, then you can still make use of DCA strategy. We all know that nobody knows how low bitcoin price is going to go, so if you keep on waiting for bitcoin price to drop to a particular price, don’t be surprise that bitcoin price might not even get to the level before it’s going to bounce back, and you going to be missing out.

If you are planning to invest, then make use of DCA strategy, you can just be buying back your bitcoin gradually, I just think that’s just better than you waiting for bitcoin to get to a particular price before you going to buy back, because you might just be waiting and you won’t get to see the price you are waiting for.

Using DCA is the simplest way to invest in bitcoin because it helps reduce pressure and minimize risk from market volatility. However, the idea of ​​waiting for the price to drop to a certain level before starting to buy isnt necessarily a bad one. In theory, we cant accurately predict the bottom of Bitcoin, but with enough knowledge, we can certainly identify reasonable price zones to start accumulating

For example, when Bitcoin was above $100k, many people were still willing to buy regardless of the price, but other chose to patiently wait. Because they know bitcoin cannot rise forever, and its clear that those who patiently wait are buying bitcoin at a better discount than those who use the DCA method and buy bitcoin at over $100k.

[Samlucky O]

Many of those Bitcoin investors who sold their Bitcoin when the price was $100,000 and above have taken their profits at the top.
If buying back is your plan and you have waited for the price of Bitcoin to decline before you buy, the bear market is your most desirable scenario, and a market dip like this is your entry target, this makes me ask, just for speculation.
What is your target discount entry price?
Will you start buying at the current price, or are you expecting Bitcoin to drop to $50k before you buy? What is your best price? Let’s have this for discussion.

I don't have any entry point, I buy whenever I have the money to buy, and I use my discretion fund. Targeting or timing the market is not a nice idea, the best way to accumulate Bitcoin is to follow the DCA strategy by buying weekly or monthly and making sure you accumulate Bitcoin to your wallet and increasing the amount of Bitcoin stash, because the higher you accumulate the more chances you have to make profit in the future. One thing I believe is that Bitcoin will forever go forward and will never go backward regardless of the temporary downtime, but yet the future is assured. So wether you buy now or later it's all thesame because the market is not stagnant but volatile. The amount you buy today determines what you get in return tomorrow. So it's important to buy Bitcoin without timing since there is no perfect time to buy.

[Fiatless]

Yes the DCA strategy maybe good but that doesn't mean it doesn't have flaws . The DCA strategy like every other strategies has there advantages and disadvantages. The main reason why some investors prefer using DCA strategy to the other two strategies is because the DCA strategy promote consistent buying of bitcoin and the fact that you can with any amount making it possible for those with low discretionionary income to buy bitcoin.

Transaction costs might be the only disadvantage that I think DCA has. Since you are buying gradually, it could lead to high transaction coast overtime. Using DCA stractegy shouldnt stop an investor from adopting others if it is necessary. An example is that I might decide to invest using a lump sum strategy if Bitcoin drops to a certain price this year.

My take is that Investors prefer DCA because it has more advantages than disadvantages.  

[taufik123]

Transaction costs might be the only disadvantage that I think DCA has. Since you are buying gradually, it could lead to high transaction coast overtime. Using DCA stractegy shouldnt stop an investor from adopting others if it is necessary. An example is that I might decide to invest using a lump sum strategy if Bitcoin drops to a certain price this year.

My take is that Investors prefer DCA because it has more advantages than disadvantages.  

Worrying about transaction fees during DCA, but it depends on how you implement the DCA strategy for a certain time or at a price drop at a certain point, it won't always buy every minute or every hour.
After all, the transaction fees are also not expensive for now if the network is normal, the concern is when the network is crowded and transaction fees are quite crazy and even unreasonable,
that's what should be avoided, if normal transaction fees will not make you spend more money.

Look at Bitcoin's current transaction fees, the highest is only 2 sat/vB, only $0.15 and it won't cost you money on a single DCA purchase in a given timeframe or a drop at the low.
So the problem of transaction fees will not be a problem as long as it is still normal.

[salad daging]

Transaction costs might be the only disadvantage that I think DCA has. Since you are buying gradually, it could lead to high transaction coast overtime. Using DCA stractegy shouldnt stop an investor from adopting others if it is necessary. An example is that I might decide to invest using a lump sum strategy if Bitcoin drops to a certain price this year.

My take is that Investors prefer DCA because it has more advantages than disadvantages.  

Worrying about transaction fees during DCA, but it depends on how you implement the DCA strategy for a certain time or at a price drop at a certain point, it won't always buy every minute or every hour.
After all, the transaction fees are also not expensive for now if the network is normal, the concern is when the network is crowded and transaction fees are quite crazy and even unreasonable,
that's what should be avoided, if normal transaction fees will not make you spend more money.

Look at Bitcoin's current transaction fees, the highest is only 1 sat/vB, only $0.1 and it won't cost you money on a single DCA purchase in a given timeframe or a drop at the low.
So the problem of transaction fees will not be a problem as long as it is still normal.

Indeed, transaction fees should not be a problem because now the mempool is no longer dense, the average is 1 sat/vB at most maybe 3/5 sat/vB but now that is rare, so there is no need to worry for those who do DCA who are charged high fees it is no longer.

If you DCA on the exchange and want to make a withdrawal from the exchange to your personal wallet, it is not too expensive: the BTC withdrawal fee on the Binance Exchange is now 0.000015 - equivalent to more than $1. I think with the exchange charging fees like this it is still quite reasonable and not too expensive.

[Fiatless]

Worrying about transaction fees during DCA, but it depends on how you implement the DCA strategy for a certain time or at a price drop at a certain point, it won't always buy every minute or every hour.
After all, the transaction fees are also not expensive for now if the network is normal, the concern is when the network is crowded and transaction fees are quite crazy and even unreasonable,
that's what should be avoided, if normal transaction fees will not make you spend more money.

Look at Bitcoin's current transaction fees, the highest is only 2 sat/vB, only $0.15 and it won't cost you money on a single DCA purchase in a given timeframe or a drop at the low.
So the problem of transaction fees will not be a problem as long as it is still normal.

In DCA you buy consistently over a period of time. Now, if you calculate the total amount you have spent over these years on DCA, you would see that you have spent a substantial amount. It would be cheaper to buy at once using the lump sum strategy. The transaction fee is currently low, but there were times when it was very expensive, and people still had to continue DCAing.

[taufik123]

-snip-
If you DCA on the exchange and want to make a withdrawal from the exchange to your personal wallet, it is not too expensive: the BTC withdrawal fee on the Binance Exchange is now 0.000015 - equivalent to more than $1. I think with the exchange charging fees like this it is still quite reasonable and not too expensive.

The average fee for the exchange is indeed the same, it is still quite standard according to me and it is not a problem for the transactions I make.
If the transaction is too congested, the exchange will also not open transactions such as the surge of the mempoll network which makes everything expensive.

In DCA you buy consistently over a period of time. Now, if you calculate the total amount you have spent over these years on DCA, you would see that you have spent a substantial amount. It would be cheaper to buy at once using the lump sum strategy. The transaction fee is currently low, but there were times when it was very expensive, and people still had to continue DCAing.

Ok let's sum it up, for example, in 1 year I have done 100x DCA transactions with transaction fees that I do around 1-3 sat/vB or worth $0.15 per transaction,
if multiplied by 100x then it is only worth $15, is that a high amount for transaction fees, ok well maybe the fee will increase and can be more than that price or about $20++.
I think that's still a reasonable limit and still very cheap, if you still calculate the transaction fee with the DCA Transaction Amount of thousands of dollars it might be too stingy.

Doing a strategy (lump sum) of buying at once cannot be called DCA, even it seems that you don't have any strategy and without management,
only buy at once in 1x transaction, cheap costs but when the price continues to fall you can't buy anymore because you don't have any spare money anymore.

Don't be too stingy with transaction fees if you want to do DCA as best as possible, fees will be burned but you have a position that can be maintained.
The long term will provide benefits and the fee will be replaced.

[DPHOR]

Yes the DCA strategy maybe good but that doesn't mean it doesn't have flaws . The DCA strategy like every other strategies has there advantages and disadvantages. The main reason why some investors prefer using DCA strategy to the other two strategies is because the DCA strategy promote consistent buying of bitcoin and the fact that you can with any amount making it possible for those with low discretionionary income to buy bitcoin.

Transaction costs might be the only disadvantage that I think DCA has. Since you are buying gradually, it could lead to high transaction coast overtime. Using DCA stractegy shouldnt stop an investor from adopting others if it is necessary. An example is that I might decide to invest using a lump sum strategy if Bitcoin drops to a certain price this year.

My take is that Investors prefer DCA because it has more advantages than disadvantages.  

I think you have to accumulate more before you should be moving it to your personal wallet where you would have to save it for years before selling to take of your profits. There are people who accumulate close 2k or $5k before deciding to move all to their primary wallet where they wouldn't have much interaction with that address, is just saving address which would never be take link to any other place apart from just saving Bitcoin in that address. Yes, exchange is risky to store funds but you can't be stressing yourself when price drop that is when you would go make deposit to trade, most traders often like leaving their funds on exchange for easy trade especially when there's a particular coin that are monitoring to accumulate they wouldn't be that meeting up if they don't leave it on exchange. As time goes, they could decide to pull of their profits from their trades where they could only leave their capital to trade with.

[icebar]

Will you start buying at the current price, or are you expecting Bitcoin to drop to $50k before you buy? What is your best price? Let’s have this for discussion.

The highest price of Bitcoin was around 126k, and the current price is now about 42% less than the highest. That is why I can say that buying Bitcoin from this position, regardless of the current price, is definitely a good decision. Those who try to reserve Bitcoin without prioritizing the price of Bitcoin will be able to make a good profit from Bitcoin. For those who are skeptical about the price of Bitcoin, especially those who are waiting for the price of Bitcoin to reach another dip, it is difficult to buy because if you wait for the dip, the opposite picture can also be seen. If the market returns to a positive trend, then the investor will feel regret.

[aoluain]

Previous to the war on Iran I was happy to be buying around $60k and below that between $50k
and $60k but now things have changed, I havent gotten my chance at $60k but I think we will see
sub $50k as the effects of this war will be seen in full as it is prolonged into months!

[STT]

Its not price but where and when is best to use your chance to buy.   If you are trading as per the section for this forum rather then just holding; the usual tactic is to attempt to capture movement in the price or momentum.
  Now could be a good time to pay attention at the least, I cant say I'm certain its a good trade but a break upwards here is at least above the 50 day average then trading below as we have done for some time now.

Why it could work now

• momentum here
• exceeding 73341, prior range
• sharp fall start Feb, reversal inversely possible here

[Fiatless]

Don't be too stingy with transaction fees if you want to do DCA as best as possible, fees will be burned but you have a position that can be maintained.
The long term will provide benefits and the fee will be replaced.

You are misunderstanding my own views. I never said I engage in lump sum because I want to reduce the cost of the transaction. DCA is a wonderful strategy that makes accumulation stress-free and I adopt it wholeheartedly. However, it also has some disadvantages which I mentioned one. There was no time I also said in my explanation that lump sum and DCA are the same. I only said that buying using lump sum could reduce transaction fees.

[philipma1957]

Many of those Bitcoin investors who sold their Bitcoin when the price was $100,000 and above have taken their profits at the top.
If buying back is your plan and you have waited for the price of Bitcoin to decline before you buy, the bear market is your most desirable scenario, and a market dip like this is your entry target, this makes me ask, just for speculation.
What is your target discount entry price?
Will you start buying at the current price, or are you expecting Bitcoin to drop to $50k before you buy? What is your best price? Let’s have this for discussion.

Unless they purchased at the big drop to  59k they fucked up.

59k to 72k marks the beginning of a new bull.

The best they can do now is dca.

[Iranus]

Previous to the war on Iran I was happy to be buying around $60k and below that between $50k
and $60k but now things have changed, I havent gotten my chance at $60k but I think we will see
sub $50k as the effects of this war will be seen in full as it is prolonged into months!

I’m not sure whether Bitcoin will drop below $50k in the coming month and give us a chance to buy at a better discount. But I share the view that bitcoin will fall again rather than continue to rise in Q2 and Q3 as the impact of the war become more apparent on the global economy.

In my opinion, some people are being overly optimistic about Bitcoin increase despite the war, but they forget that the real effects of war usually only become apparent after some time. It is not the time to be complacent and celebrate.

[8rch7]

I’m not sure whether Bitcoin will drop below $50k in the coming month and give us a chance to buy at a better discount. But I share the view that bitcoin will fall again rather than continue to rise in Q2 and Q3 as the impact of the war become more apparent on the global economy.

In my opinion, some people are being overly optimistic about Bitcoin increase despite the war, but they forget that the real effects of war usually only become apparent after some time. It is not the time to be complacent and celebrate.

Lowest price of bitcoin during crash moment last month around $60k and today bitcoin hit higher price until $74k, I doubt for next quarter has possibility bitcoin will drop back or below $50k seeing how stable of bitcoin price around $68k to $73k right now. The global economic although not really not conducive due the middle eastern war tension but bitcoin keep stable and showing the progress raise up to the higher price.
I am optimistic with bitcoin break out to higher price although many moment get correction but keep strong recovery back, now waiting the moment after hitting higher price in this week will bitcoin break out above $80k or still at the moment get correction early. I am still holding my bitcoin buy back at price under $70k and still hold until bitcoin break out maybe above $75k to $80k.

[Zanab247]

There is no specific entry for me when it come to investing in Bitcoin those who wait for a specific price before they can start accumulating Bitcoin is not serious or they are trader who target some particular price to buy and sell when their is an upward trend in the market but this is wrong. Since am accumulating Bitcoin using the DCA strategy i don't need to wait for an specific price again before i can buy because am accumulating regularly regardless of the price of Bitcoin.

You can hear something like this from those that are financially buoyant, because they know bear or bull season cannot stop them if they want to buy BTC from the market, because they know that they are not selling in few weeks or few months. Not that they are not serious to buy BTC just that the money they budgeted to buy BTC is too small to buy plenty of BTC and they want to buy plenty of BTC which they did have to wait for the price to dump below their expectation before they can buy and hodl for long years.

If the price of BTC will still going to dump to $20k ,I guess I will still buy BTC, because the ones I bought some years ago and hodl, it cause me to earn massive profits from BTC, because there was a long bull market last year.

[Zackz5000]

There is no specific entry for me when it come to investing in Bitcoin those who wait for a specific price before they can start accumulating Bitcoin is not serious or they are trader who target some particular price to buy and sell when their is an upward trend in the market but this is wrong. Since am accumulating Bitcoin using the DCA strategy i don't need to wait for an specific price again before i can buy because am accumulating regularly regardless of the price of Bitcoin.

You can hear something like this from those that are financially buoyant, because they know bear or bull season cannot stop them if they want to buy BTC from the market, because they know that they are not selling in few weeks or few months. Not that they are not serious to buy BTC just that the money they budgeted to buy BTC is too small to buy plenty of BTC and they want to buy plenty of BTC which they did have to wait for the price to dump below their expectation before they can buy and hodl for long years.

If the price of BTC will still going to dump to $20k ,I guess I will still buy BTC, because the ones I bought some years ago and hodl, it cause me to earn massive profits from BTC, because there was a long bull market last year.

Investing in Bitcoin doesn't even mean that one must be financially stable that why many still use the DCA strategy to accumulate Bitcoin if you have enough money to lump sum you can gradually be accumulating small with the little money you have that's buying when ever you have your discretionary income since it's also a long term plan accumulating gradually like that for years can get you a good amount of Bitcoin stack, also the DCA strategy will also enable you not to wait for the price of Bitcoin to drop before you can accumulate.

[Y3shot]

Will you start buying at the current price, or are you expecting Bitcoin to drop to $50k before you buy? What is your best price? Let’s have this for discussion.

I think having best selling price is a trap because you never can tell or predict what will happen in the market. Their best thing to do is just to look forward and buying bitcoin irrespective of what the price may be.

 If you are waiting for the price you want to buy Bitcoin it may take you longer time. It is always better to buy no matter the price of Bitcoin and if you are lucky to see the price of Bitcoin at the price which you desire, then it is a good one. One thing we need to learn in bitcoin is to understand waiting for bitcoin can make one to miss opportunity.

[dezoel]

Will you start buying at the current price, or are you expecting Bitcoin to drop to $50k before you buy? What is your best price? Let’s have this for discussion.

I think having best selling price is a trap because you never can tell or predict what will happen in the market. Their best thing to do is just to look forward and buying bitcoin irrespective of what the price may be.

 If you are waiting for the price you want to buy Bitcoin it may take you longer time. It is always better to buy no matter the price of Bitcoin and if you are lucky to see the price of Bitcoin at the price which you desire, then it is a good one. One thing we need to learn in bitcoin is to understand waiting for bitcoin can make one to miss opportunity.

Trying to estimate the bottom and the top is the hardest thing in the crypto world to do. But, when you end up with similar situations, it is not really that impossible and could happen.

One is that you do trail stop, which means that when you buy, you wait for it to start going down a lot, before you get out completely, and then 80% of the top is the bottom in most cases, so you just make sure you buy at 70%, could fall a bit more but you are careful at least. Imagine buying at 40k now, so that means if the price goes to 40k, you buy it and even if it goes down even more, it's fine.

[imthegreat]

Many of those Bitcoin investors who sold their Bitcoin when the price was $100,000 and above have taken their profits at the top.
If buying back is your plan and you have waited for the price of Bitcoin to decline before you buy, the bear market is your most desirable scenario, and a market dip like this is your entry target, this makes me ask, just for speculation.
What is your target discount entry price?
Will you start buying at the current price, or are you expecting Bitcoin to drop to $50k before you buy? What is your best price? Let’s have this for discussion.

When bitcoin fell, I resorted to my most favorite trading strategy, I placed orders with a "ladder" with a period of 5,000. I mean, I had an order for 65,000 for 60,000 and a failed order for 55,000. And even though I couldn't catch such a cool cheap price of 60,000 with my entire deposit, nevertheless, for some part I entered a trading position well and was able to buy bitcoin even at 60,000, although now it costs about 73,000.
And I think this is one of the best trading positions - when you just place orders on a ladder and wait. And you don't have to constantly monitor the price and think: Is this the bottom now or not?