The dip is setting up nicely again, how are you taking advantage of it?

[Cityhunter34]

I no really Dey wait till bitcoin price get to a certain price before I Dey invest in bitcoin. Any money wey I get wey I know say I no go use for now, I Dey use am buy bitcoin keep. Current dip wey Dey market na good buy for anybody wey get money wey wan buy bitcoin. Current bitcoin price na $67k, anybody wey get intention to buy bitcoin suppose buy am now, I no sure say e make sense say u Dey wait till e drop to $65k first before u go buy, bitcoin price fit no drop reach d price, and u go miss out.

Op said he's going to split his funds into three parts, buy Bitcoin with one part now and wait for more dips before making another purchases and that got me laughing because he sounded very sure that the price will go down further. The truth is, no one knows what direction the market is going to swing to, but $67k seems to me like a good buying opportunity and we may never see such a price again.

Honestly, this is funny because nobody knows the right direction of the market. Although I think he got it right because, right now, the price is still going more further, but I don't know if he utilized the opportunity. Investors are just making predictions here and there, but it's obvious that nobody is smarter than the market. That's why Bitcoin investment is best. Of course, as an investor who wants to take advantage of Bitcoin, $67k is a pretty good opportunity to accumulate more Bitcoin.

[MorganaX]

I no really Dey wait till bitcoin price get to a certain price before I Dey invest in bitcoin. Any money wey I get wey I know say I no go use for now, I Dey use am buy bitcoin keep. Current dip wey Dey market na good buy for anybody wey get money wey wan buy bitcoin. Current bitcoin price na $67k, anybody wey get intention to buy bitcoin suppose buy am now, I no sure say e make sense say u Dey wait till e drop to $65k first before u go buy, bitcoin price fit no drop reach d price, and u go miss out.

Op said he's going to split his funds into three parts, buy Bitcoin with one part now and wait for more dips before making another purchases and that got me laughing because he sounded very sure that the price will go down further. The truth is, no one knows what direction the market is going to swing to, but $67k seems to me like a good buying opportunity and we may never see such a price again.

Honestly, this is funny because nobody knows the right direction of the market. Although I think he got it right because, right now, the price is still going more further, but I don't know if he utilized the opportunity. Investors are just making predictions here and there, but it's obvious that nobody is smarter than the market. That's why Bitcoin investment is best. Of course, as an investor who wants to take advantage of Bitcoin, $67k is a pretty good opportunity to accumulate more Bitcoin.

If anyone is still waiting on the price to even go further down before they start making any moves of accumulating Bitcoin then that person is actually confused and not sure of what he actually wants to do because as it's stands now $62-68k is an excellent price to start buying because you don't get to see this price everywhere day and moreover if we have forgotten, there was a time when the price was actually up $120k and now it's half of that price and you are still waiting for it go down further, I think it's simply not normal to do.

[Wiwo]

I no really Dey wait till bitcoin price get to a certain price before I Dey invest in bitcoin. Any money wey I get wey I know say I no go use for now, I Dey use am buy bitcoin keep. Current dip wey Dey market na good buy for anybody wey get money wey wan buy bitcoin. Current bitcoin price na $67k, anybody wey get intention to buy bitcoin suppose buy am now, I no sure say e make sense say u Dey wait till e drop to $65k first before u go buy, bitcoin price fit no drop reach d price, and u go miss out.

Op said he's going to split his funds into three parts, buy Bitcoin with one part now and wait for more dips before making another purchases and that got me laughing because he sounded very sure that the price will go down further. The truth is, no one knows what direction the market is going to swing to, but $67k seems to me like a good buying opportunity and we may never see such a price again.

Honestly, this is funny because nobody knows the right direction of the market. Although I think he got it right because, right now, the price is still going more further, but I don't know if he utilized the opportunity. Investors are just making predictions here and there, but it's obvious that nobody is smarter than the market. That's why Bitcoin investment is best. Of course, as an investor who wants to take advantage of Bitcoin, $67k is a pretty good opportunity to accumulate more Bitcoin.

We can only speculate and take chances as much as we can, splitting your fund's is very important in this current market phase where we see alot if uncertainty and unpredictable outcomes from the market, DCA seems to be the best approach to this current market, buying small, amount of bitcoin and holding for a while this will give you the chance to keep looking at the market closely before you take action not to get in at the wrong time.

[Plutomanian]

If anyone is still waiting on the price to even go further down before they start making any moves of accumulating Bitcoin then that person is actually confused and not sure of what he actually wants to do because as it's stands now $62-68k is an excellent price to start buying because you don't get to see this price everywhere day and moreover if we have forgotten, there was a time when the price was actually up $120k and now it's half of that price and you are still waiting for it go down further, I think it's simply not normal to do.

Bitcoin is very unstable, it goes up and down thereby leaving most investors in a confuse state, some investors don't even know when to buy and sell Bitcoin because they're trying to avoid losses which they don't know that loses do come every time especially in every situation you're trying to dulge it. The dip in the market is enough reason why we should bend our head down and spot for good entry in this dip season. I've seen investors and traders taking good advantage of the dip season and I've also seen investors been unable to make any brilliant choice from the dip season.

Bitcoin should be taken more seriously because making the millions is directly from Bitcoin. Well, I'm just here to ensure my portfolio keep getting larger and larger because what's the main cause why we're in this trading space if not to generate good amount of Ps for ourselves, or do you have another reason why we're here?

[Ashawowo(OS)]

Luckily, were still in the dip and it has gone down even more than you predicted. The opportunity still persists for those who want to get it cheaper. We didn't know how long this prices would sustain, so the best time to take advantage and buy more is now. Bitcoin price would be expected to recover and rise again, especially towards the bull run, so now is a rare opportunity to get more quantities and prepare for the next bull run for those who would want to sell at the top.

I like your systematic DCA policy to ensure you didn't miss out totally if peradventure Bitcoin price failed to dip more and more, it's a better strategy for me instead of folding your hands and waiting solely for a target price that may not come by.

[Showlove01]

The price of Bitcoin is far below this you mentioned now and honestly, it is not funny. Regardless of the fact that I'm a holder, a long term holder In that matter I am still feeling somehow because the dip is really massive and right now the market is still below $63k but the sad truth to myself is that there is no giving up meaning that I will never stop accumulating even though the market is not going up now. However, I consider this period as a very great period to front load or double up our portfolio because after this Dip what will happen next is a massive surge, the momentum Bitcoin used to Dip is the same it will use to surge also.

[Sunshine1525]

The price of Bitcoin is far below this you mentioned now and honestly, it is not funny. Regardless of the fact that I'm a holder, a long term holder In that matter I am still feeling somehow because the dip is really massive and right now the market is still below $63k but the sad truth to myself is that there is no giving up meaning that I will never stop accumulating even though the market is not going up now. However, I consider this period as a very great period to front load or double up our portfolio because after this Dip what will happen next is a massive surge, the momentum Bitcoin used to Dip is the same it will use to surge also.

A long-term holder shouldn't feel discouraged or somehow like you said, but should rather take advantage of the current dip, if there's enough discretionary funds to go aggressive, this is the best time for that. Most people don't under the opportunities of the dip but investors that's experienced something similar like my mentor JayJuanGee would always advance people to seize the opportunities of the dip and buy more instead of selling.

Yes there would definitely be a surge in the future, the market is still correcting and giving investors buying opportunities but only those who understand would seize it and be in a position of smiling during the surge instead of regretting their wrong actions during dips.

[Asiska02]

Personally, I am going with the second approach, I will divide the money I've saved for the dip into 3 or more parts, use 1/3 of it to buy now at $69.5k and set buy orders at $67k, $65k and if possible $64k so they trigger if bitcoin crosses those prices again. I believe it is a smarter way to take advantage of the dip instead of waiting totally for a definite target price that may end up not happening.

How are you going to take advantage of it yourself?

The market is always providing opportunities, it is just left for us to take advantage of those opportunities and get the best out of them. We can’t predicts the market accurately but most times speculations of the market are always in the same trend as to which most people predicted it, so this allows making decisions very easy and apt when taking one to take advantage of the market to invest into it.

Prior to your post, we have seen Bitcoin after that even reached less than the lowest price you’d want to buy from, which makes the DCA approach a very plausible option to go for during investment. Bitcoin has gone even below $64K and this was a very good price to buy from the dip. This shows almost a 50% dump from the current ATH of the market which was recorded between late last year and early this year.

A 50% dump is a realistic dump to be expecting a push in the market upward from that point, so if you’ve not invested as much as you wanted, you may have to buy at an higher price or probably wait for the market to fall a bit more which is very risky and unlikely to happen.

[Mate2237]

Snip

A long-term holder shouldn't feel discouraged or somehow like you said, but should rather take advantage of the current dip, if there's enough discretionary funds to go aggressive, this is the best time for that. Most people don't under the opportunities of the dip but investors that's experienced something similar like my mentor JayJuanGee would always advance people to seize the opportunities of the dip and buy more instead of selling.

Yes there would definitely be a surge in the future, the market is still correcting and giving investors buying opportunities but only those who understand would seize it and be in a position of smiling during the surge instead of regretting their wrong actions during dips.

Now is not the time to get scared of and panic , and so begin to sell . As long as you are a long term investor you have this is a time  for long term investors to make sure that, they approach this season with all form of confidence and don't get bothered about price unstablity because the price is definitely going to be corrected on the long time.


The dip has set up nicely just as you have said, take advantage of this change in price so that you can come out after this dip with smile knowing that you were able accumulate more Bitcoin.

[Sammye3]

I'm not really in a rush to invest. I'm watching my income and working according to what I earn. I dont see it that rushing to invest during the dip could be the best option when your income is unstable. Bitcoin is a future assets to me, so its investment at any point but its also best to take advantage of the dip regardless .

[Ribust]

I'm not really in a rush to invest. I'm watching my income and working according to what I earn. I dont see it that rushing to invest during the dip could be the best option when your income is unstable. Bitcoin is a future assets to me, so its investment at any point but its also best to take advantage of the dip regardless .

It does seem to be a fairly balanced method. Investments should not be made impulsively, particularly when incomes are not stable. Therefore, it makes more sense to consider your finances and make investments only when you feel comfortable about it, as opposed to making them despite the dips. However, viewing Bitcoin from the perspective of a long-term asset will give a larger picture and prevent emotional decisions regarding short-term fluctuations. The dips could be used for investment, but only in case if one's finances can afford to wait for the recovery period and withstand it. In general, consistency plays a more important role than timing.