BITCOIN DIPPED?

[Makus]

The current state of bitcoin is impossible to actually predict, we cannot really tell if it's recovering or reducing any further but I would say rhat the  market is currently in a confused state at the moment. Since it's obvious that we are in the bearish season there is no need to overanalyze anything just buy the dip if you can. We have one month to go for the first quarter to come to an end and there is still no sign of bitcoin taking going in an upwards direction. The only thing we can do at the moment is to buy the dip and wait for the pump to come.

[jcojci]

Depend on your plan but for long term investor, they will buy more because they see this time is the good opportunity to buy Bitcoin. Waiting or not will depends on yourself to buy Bitcoin and how you runs your plan. If you want to hodl for long term, you don't need to wait for more but buy it and hodl. But if you want trading, you need analyzing before you buy because that will determine how you will profit later. If you can buy at low prices, you will have a chance to sell at a high.

[Popkon6]

Bitcoin was near $69,000 yesterday but dipped again. Do you think BTC is just catching its breath before another rally, or is this the start of a longer downtrend? Should we buy now? Or wait for more possible downtrend?

You should not wait any longer to invest in Bitcoin, the current position of the Bitcoin price is the best place to invest. Because the price of Bitcoin has been suspended between $60K and $70K for a long time, so if you wait for further correction, you will definitely make a mistake. The price of Bitcoin will go up at any time, so you should not wait for investment but take urgent buying opportunities.

[Patikno]

Bitcoin was near $69,000 yesterday but dipped again. Do you think BTC is just catching its breath before another rally, or is this the start of a longer downtrend? Should we buy now? Or wait for more possible downtrend?

Anything could happen, whether it is a longer decline, an upcoming rally, or Bitcoin price remaining stable around $60,000. Well, we can't be certain.

I also read a news story that cautioned against the current international conflict, which could affect crypto market sentiment. So, Bitcoin could decline temporarily, but it all depends on global liquidity. Many people might buy Bitcoin as a hedge against conflict, or the ongoing conflict could reach an end soon. Essentially, no one knows for sure what will happen. If you intend to buy Bitcoin for the long term, don't worry; the price will continue to rise as demand increases, adoption increases, and mining becomes more difficult, making it increasingly scarce. If possible, use dollar cost averaging (DCA) to help you buy Bitcoin in installments. By that way, when the price drops, you can buy it back at the dip.

By the way, if you are trying trading, especially derivatives/futures trading, you need to be careful to avoid total losses. I recommend you become an investor, rather than a trader. Trading requires careful consideration of all aspects, while being a Bitcoin investor simply requires patience, and you will eventually make a profit.

[Hamza2424]

Bitcoin was near $69,000 yesterday but dipped again. Do you think BTC is just catching its breath before another rally, or is this the start of a longer downtrend? Should we buy now? Or wait for more possible downtrend?

yep it is taking a breath, and resting for a while, you know how hard it can be to stay away from the family, working and all that so bitcoin is now enjoying its time with the family and resting and sleeping. That's why we are seeing no performance from it haha.

Bro, what are you saying? Do you even realize the world is at war, or at least it is burning due to Trump the peacemaker? I have never seen this many wars since he became the president, making things worse and still calling himself the peacemaker. Bloody hell.

Anyway, bro you need to watch the news, and stop watching cartoon network, then you will realize why it was dumped yesterday and why it is pumping again. The dump and pump always have reasons, saying such a stupid thing is not so wise here, bro. Take it as advice.

[Marykeller]

Buying Bitcoin is an individual thing. You can decide to buy now, someone else can decide to buy some other time when they are ready to spare their cash on Bitcoin. It could be at a high or low price, whichever price it is, we are in for profits in the long run because in 2028/2029 Bitcoin must have increased more than the current price we have now. So, invest while you anticipate future profits

[AGogi2003]

Bitcoin was near $69,000 yesterday but dipped again. Do you think BTC is just catching its breath before another rally, or is this the start of a longer downtrend? Should we buy now? Or wait for more possible downtrend?

Bitcoin investment doesn't have a specific time to invest that is the reason why DCA method perform better and he can minimise your risk without losing. So the way Bitcoin is dropping down we do know which particular aspect he will reach first before be start to pump again, so if you're interested and you're capable you can just invest now and wait for the victory in some period of time. Because bitcoin is different from other coin and you can't predict if the price will possible raise so soon or the price will continue decreasing. Just follow your mind because you will see different objections and if you can't calm your self down you can probably fail so think wisely and achieve reward for the future.

[SamReomo]

But as for people that think bitcoin may enter $30000, they are only deceiving themselves. Bitcoin price will likely stay above $50000 or not really fall below $50000.

Those people are daydreaming and thing else. Bitcoin will never enter $30k values again, there's chance that it may fall below $50k or even $40k but there's no chance that it may enter $30k value or below it again. Top level institutional investors are in Bitcoin and that's a sure sign that they won't let it go as low as $30k ever.

The ones who understand Bitcoin and its market know pretty well that Bitcoin won't go below $30k ever. Even if it goes to those values then the ones who understand Bitcoin will invest so much in it and they'll end up making good profit by holding their investment.

[Rockstarguy]

Bitcoin was near $69,000 yesterday but dipped again. Do you think BTC is just catching its breath before another rally, or is this the start of a longer downtrend? Should we buy now? Or wait for more possible downtrend?

Their is no need to wait to buy bitcoin because bitcoin cant be predicted,  it is better to buy now because the price of Bitcoin is very low  and if unfortunate the price of Bitcoin dips then is to make use of the opportunity and invest more Bitcoin. Though their is no best time to buy bitcoin but if you really want to be profitable in Bitcoin investment is to always make good use of bitcoin dips to always buy the dip because it is an opportunity indeed. The dip is a good time to go into Bitcoin investment.

[DeeppRockk]

Their is no need to wait to buy bitcoin because bitcoin cant be predicted,  it is better to buy now because the price of Bitcoin is very low  and if unfortunate the price of Bitcoin dips then is to make use of the opportunity and invest more Bitcoin. Though their is no best time to buy bitcoin but if you really want to be profitable in Bitcoin investment is to always make good use of bitcoin dips to always buy the dip because it is an opportunity indeed. The dip is a good time to go into Bitcoin investment.

That's a plan, not a strategy. What do you plan to do if this isn't the end? You put your money in now, and then the price drops by another 25% because of Iran or some other story...

What happens next? Sell for less? Just hope it comes back?

If you always buy the dip, you'll run out of money before the real chance comes along.

Figure out how much money you have to spend on the position as a whole, and then decide if this dip is worth a part of it. It's not a good idea to jump in at the first sign of red; I'm waiting to see if we really break support.

[Z-tight]

I think it's nearly impossible for bitcoin to fall below $30k. Should I consider buying small amount of bitcoin when it falls near $50k?

That is your call. Nobody is going to give you a direct investment advice, if you believe that BTC will fall near $50k and you think that is the right time to buy, then you should go for it. A better option may be to start buying now through dca, set your time interval and amount, then start accumulating BTC.

Silver and gold is hot now.

With the start of the US-Iran war, i expect precious metals to continue their uptrend. Funds are already moving out of volatile assets and into safe haven assets, like gold and silver.

[fredericktaylor]

Buying Bitcoin is an individual thing. You can decide to buy now, someone else can decide to buy some other time when they are ready to spare their cash on Bitcoin. It could be at a high or low price, whichever price it is, we are in for profits in the long run because in 2028/2029 Bitcoin must have increased more than the current price we have now. So, invest while you anticipate future profits

Bitcoin is volatile, so it is not possible to say for confirm when its price will increase or decrease, ordinary people or Bitcoin researchers can only guess based on various studies whether the price of Bitcoin will increase or decrease. Of course, the investment is a personal decision of an person, there is no doubt about this. The price of Bitcoin can decrease even more than what it is currently. If we think about the future and buy Bitcoin consistently and do not get disappointed during market volatility, we can expect big profits in the future.

[Mate2237]

The strike on Tehran yesterday affected the price sharply as the market reacted to the News, but I think that the price of Bitcoin is near the $69k mark again. Bitcoin is just having a price correction which to me is usually if you have been following up the crypto currency community. Talking about when to buy this is the right time to buy why waiting for the price of Bitcoin to appreciate before buying there is no wisdom in doing that



Fear is one thing that makes people to be skeptical about investing in time's like this. Bitcoin is for people who has a conviction in the future growth and development of the project, anyone who knows this are the only people who are accumulating Bitcoin at this present point in time when the price of Bitcoin is down.

[uchegod-21]

Bitcoin was near $69,000 yesterday but dipped again. Do you think BTC is just catching its breath before another rally, or is this the start of a longer downtrend? Should we buy now? Or wait for more possible downtrend?

What if while waiting for bitcoin to dip further, the price bumps, what then will be your next move, wait till the next cycle? This should be enough to answer your question that waiting for bitcoin to dip even more is a wrong move.
There is no perfect time to buy bitcoin, buy when you have the money to and is mentally ready to invest in bitcoin. If you cannot buy lump sum, you can DCA for long term.

There is a great disadvantage in keeping your investment money with you when you can buy bitcoins immediately and start counting your days as a real investor. There is the likelihood that you may use up the investment capital while waiting for the price of bitcoin to go lower. Do not be your own enemy, investment now.

[bangjoe]

The mistake most people make is waiting too long.
Excessive fear of a sharper decline.
Don't know when to start for yourself.
Listening too much to other people who don't have bitcoin.

This makes them hesitate to enter, don't throw all your money in if you are afraid and doubtful, accumulate slowly so that your mentality can be formed gradually, in the end you will receive benefits from bitcoin, you are not in bitcoin to gamble but to invest so you need to be afraid, bitcoin has shown you how this world works and you can benefit in the long term, understand the patterns, do it with your belief in bitcoin.

[aoluain]

Bitcoin was near $69,000 yesterday but dipped again. Do you think BTC is just catching its breath before another rally, or is this the start of a longer downtrend? Should we buy now? Or wait for more possible downtrend?

We are in a Bear market, there will be uptrends and there will be pull backs, the market
never just goes up or down constantly.

But now, buy tomorrow, buy when you can, thats DCA^{'Dollar' Cost Average}

Very few will be lucky enough to buy the very bottom or sell the very top.

In 4 or 8 years time if you manage to HODL that long todays or tomorrows price
will be long forgotten.

[Johnlomape]

The mistake most people make is waiting too long.
Excessive fear of a sharper decline.
Don't know when to start for yourself.
Listening too much to other people who don't have bitcoin.

This makes them hesitate to enter, don't throw all your money in if you are afraid and doubtful, accumulate slowly so that your mentality can be formed gradually, in the end you will receive benefits from bitcoin, you are not in bitcoin to gamble but to invest so you need to be afraid, bitcoin has shown you how this world works and you can benefit in the long term, understand the patterns, do it with your belief in bitcoin.

We can not blame these people on why they are too scared to hold Bitcoin without complaining about the dip. The price of Bitcoin will always fall and that should not make us feel back due to the nature of things and how it has been falling and rising in price from the beginning. I see every drop in the price of Bitcoin as a potential opportunity for holders to take their time to buy Bitcoin. For those that have already invested in the price of Bitcoin when the price was up, they can take their time to buy again if they have the money and the capital to reinvest their money.

[SeriouslyGiveaway]

We are in a Bear market, there will be uptrends and there will be pull backs, the market
never just goes up or down constantly.

But now, buy tomorrow, buy when you can, thats DCA^{'Dollar' Cost Average}

Very few will be lucky enough to buy the very bottom or sell the very top.

In 4 or 8 years time if you manage to HODL that long todays or tomorrows price
will be long forgotten.

Doing DCA in a bear market is very good as it's certainly that during a bear market that lasts for a long time like 2 years, we will have a lot of time for purchasing with DCA strategy, and with very better prices compare to entries if we do during a bull market.

With investors, two most important things are: don't lose initial investment capital; and get as best (highest) ROI as possible.

Imagine that if we buy bitcoin with prices around $100k, $110k or $120k, we hoped for 2x from our entries, it's quite challenging investment ROI months ago. Fortunately, if we bought bitcoin recent months, recent weeks around $60k or $70k, we would see that 2x target for our investment becomes more easily achievable.

That's how a bear market is very good with intelligent investors who understand about the market cycle, psychology of market, and prepare finance, investment capital well for accumulation during bearish months and are ready to enjoy market recovery as well as next bull market.

The Psychological Pitfalls of a Market Cycle.

[john_egbert]

Bitcoin was near $69,000 yesterday but dipped again. Do you think BTC is just catching its breath before another rally, or is this the start of a longer downtrend? Should we buy now? Or wait for more possible downtrend?

We are in a Bear market, there will be uptrends and there will be pull backs, the market
never just goes up or down constantly.

But now, buy tomorrow, buy when you can, thats DCA^{'Dollar' Cost Average}

Very few will be lucky enough to buy the very bottom or sell the very top.

In 4 or 8 years time if you manage to HODL that long todays or tomorrows price
will be long forgotten.

We should act now to see the results later.

No dip may stop us from realizing our plans

[finaleshot2016]

Change your perspective, if you're looking for an entry, checking the day chart will give you a good view of what's to come. It's very simple and things happen based on the history, it always do the same thing so I guess be open to any chart. If you're just looking it day by day, you'll be affected, your decisions will not be very efficient, some are based on emotions due to panic and fear of dip. Zooming out helps you see the whole vision instead of noise in the social media because of daily posts about the price. A higher time frame often filters out your emotions and will strengthen your principles of holding. When you understand the bigger picture, your entries become more calculated rather than reactive in the market.