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Author Topic: buy bitcoin in range 44k-51k  (Read 278 times)
Swordsoffreedom
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Today at 04:27:52 AM
 #21

Just stay for bitcoin range 44k-51k (i will buy in 50k , 48k, 45k)

and then stay to see what's happen !  Grin Grin Grin

what's your idea? Cool
I think you are daydreaming here. Maybe you will be able to get BTC at $55k, but getting it below that is like a dream to me. I think that's how the market wants us to think. When it is dumping near $60k we always think like last time that it is going to touch $50k or maybe lower, but it recovered and hit $80k. Not in one straight jump though, but eventually it hit that target, and most of the people started to think it was the start of a bull run and the end of the bearish run, which was a fast one this time. We even acknowledged that.

But now it is back to the same range and we are thinking the same thing all over again. So what now? We expect the same thing to happen. It will dump more, we buy then, wait for it to hit $50k first so we start buying, not even at $55k yes? I think that's a mistake when your plans are for the long term.

I think you should not stick with this plan at all, the rest is your choice.

It would be unwise to keep waiting and only buy when Bitcoin drops to a predefined target. Because the market is not obligated to reach the price we want. Gradually buying in now is a more reasonable choice than waiting on something uncertain. 

However, the possibility of Bitcoin dropping to $51k or lower can not be ruled out entirely. Because we also have no guarantee that this will not happen.

Bitcoin has now broken below the weekly MA200, and if history repeats itself, it could drop further by more than 30%. OP's prediction has a basis, rather than being purely random.

In a volatile and unpredictable market like crypto, maintaining an open mind is essential, and having a backup plan is always advisable.

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Today at 07:13:50 AM
 #22

Just stay for bitcoin range 44k-51k (i will buy in 50k , 48k, 45k)

and then stay to see what's happen !  Grin Grin Grin

what's your idea? Cool

I think the price range you mentioned is excellent and makes for a great entry point to buy. It’s not without reason, these prices could mark Bitcoin’s bottom in this cycle, a key price level that could trigger a reversal.

In my opinion, we’ll see this soon, right after Bitcoin breaks out of the $59k–$58k range and closes with a body on the candle in the higher time frame. The likelihood of reaching the $50k–$45k range will be higher. For long-term investors, this could be a great opportunity to buy at a discount, even the current price is already attractive, representing a discount of over 50% from the all-time high (ATH).

R


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Marvelockg
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Today at 07:50:04 AM
 #23

Just stay for bitcoin range 44k-51k (i will buy in 50k , 48k, 45k)
And when you stay and it doesn't happen what then happens next? You continue staying hoping it will happen and procrastinate when you should be buying and stacking up your bitcoin? There's no guarrantee that we're going to experience further DIP down to the level of $44k and it's not wise waiting for a time as that before one buys his bitcoin. If you're financially capable of buying now, don't hesitate to do so because we might be seeing a serious bull circle after this period.

The DIP we are currently experiencing is going to affect investors in different ways but the simple way to avoid it is to remain committed to your DCA. If you're following up your DCA plan, even if bitcoin goes down to  $44k, you will still be well positioned to buy.

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Today at 08:44:54 AM
 #24

And when you stay and it doesn't happen what then happens next? You continue staying hoping it will happen and procrastinate when you should be buying and stacking up your bitcoin? There's no guarrantee that we're going to experience further DIP down to the level of $44k and it's not wise waiting for a time as that before one buys his bitcoin. If you're financially capable of buying now, don't hesitate to do so because we might be seeing a serious bull circle after this period.

The DIP we are currently experiencing is going to affect investors in different ways but the simple way to avoid it is to remain committed to your DCA. If you're following up your DCA plan, even if bitcoin goes down to  $44k, you will still be well positioned to buy.


Another question is, would they actually buy even if BTC reached price they expected? Or would they just keep moving the target lower and lower, until they miss it entirely?
I know that every investor has a different vision and strategy. But if they truly understood the market, they would know that nothing is certain. Bitcoin has already dropped 50% from its peak and they still havent decided to buy. I doubt they will have the courage to buy if it falls further.

The gap between $60k and $50k or $45k is only 15-20%, thats not worth the risk of missing the move entirely, IMO.

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Today at 08:57:43 AM
 #25

Just stay for bitcoin range 44k-51k (i will buy in 50k , 48k, 45k)

and then stay to see what's happen !  Grin Grin Grin

what's your idea? Cool
Good plan and price ranges if bitcoin decreased to those prices. My idea is just to continue accumulating it at any rate that I think is affordable and cheap. Right now, it's cheap I did a few purchase and addition to my stash for a couple of bucks because that's what I can afford. Little gains and purchases is better at these times rather than saying that they're going to buy at the dips at a huge amount but they have never taken their words and put their money where their mouths are.

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Today at 09:01:28 AM
 #26

Just stay for bitcoin range 44k-51k (i will buy in 50k , 48k, 45k)

and then stay to see what's happen !  Grin Grin Grin

what's your idea? Cool

       Base on what I would say , those set of price are psychological level which price do respect when dropping down.  that those not mean one should pay only attention to set of prices,they be  consideration on the fundamentals reason why the bitcoin price is crashing at the moment and lay more emphasized what are  likely time when the big boys who move market are ready to pump up the price before having a good reason to jump on buy on bitcoin aside those psychological price of  50k,45k and 44k respectively.
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Today at 09:23:47 AM
 #27

Just stay for bitcoin range 44k-51k (i will buy in 50k , 48k, 45k)

and then stay to see what's happen !  Grin Grin Grin

what's your idea? Cool
I think you are daydreaming here. Maybe you will be able to get BTC at $55k, but getting it below that is like a dream to me. I think that's how the market wants us to think. When it is dumping near $60k we always think like last time that it is going to touch $50k or maybe lower, but it recovered and hit $80k. Not in one straight jump though, but eventually it hit that target, and most of the people started to think it was the start of a bull run and the end of the bearish run, which was a fast one this time. We even acknowledged that.

But now it is back to the same range and we are thinking the same thing all over again. So what now? We expect the same thing to happen. It will dump more, we buy then, wait for it to hit $50k first so we start buying, not even at $55k yes? I think that's a mistake when your plans are for the long term.

I think you should not stick with this plan at all, the rest is your choice.

It would be unwise to keep waiting and only buy when Bitcoin drops to a predefined target. Because the market is not obligated to reach the price we want. Gradually buying in now is a more reasonable choice than waiting on something uncertain. 

However, the possibility of Bitcoin dropping to $51k or lower can not be ruled out entirely. Because we also have no guarantee that this will not happen.

Bitcoin has now broken below the weekly MA200, and if history repeats itself, it could drop further by more than 30%. OP's prediction has a basis, rather than being purely random.

In a volatile and unpredictable market like crypto, maintaining an open mind is essential, and having a backup plan is always advisable.

Yea its happened to me before while waiting for a particular price point to buy
a d being shocked/disappointed that it didnt materialise.

ATM $61k down from $75k is a fantastic discount already.

I have read some views that the Bear market could bottom out at around $40k
but I'm not sure I would be actually willing to wait and see if that happens before
making a purchase.

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Today at 10:29:18 AM
 #28

OP you are saying like  Bitcoin will DIP as much as you predict. And if you think about buying Bitcoin while waiting for the price to drop, it is doubtful that you will ever be able to buy Bitcoin. It would not be unusual if Bitcoin drops below $55k. But that may not happen. If the price of Bitcoin starts to rise, you may not be able to buy Bitcoin anymore. Because you have decided that you will invest at these prices. If you have money left over, I think it would be a good decision to buy Bitcoin with that right now .

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Today at 10:37:29 AM
 #29

Just stay for bitcoin range 44k-51k (i will buy in 50k , 48k, 45k)

and then stay to see what's happen !  Grin Grin Grin

what's your idea? Cool
I think you are daydreaming here. Maybe you will be able to get BTC at $55k, but getting it below that is like a dream to me. I think that's how the market wants us to think. When it is dumping near $60k we always think like last time that it is going to touch $50k or maybe lower, but it recovered and hit $80k. Not in one straight jump though, but eventually it hit that target, and most of the people started to think it was the start of a bull run and the end of the bearish run, which was a fast one this time. We even acknowledged that.

But now it is back to the same range and we are thinking the same thing all over again. So what now? We expect the same thing to happen. It will dump more, we buy then, wait for it to hit $50k first so we start buying, not even at $55k yes? I think that's a mistake when your plans are for the long term.

I think you should not stick with this plan at all, the rest is your choice.

It's a lie, this has nothing to do with how the market want us to think, many people don't believe their eye when Bitcoin dumped to 15,500 in 2022, many started buying at 30k+ at the time, but in 4th quarter of the year bitcoin made another new low.

Now is still a good time to buy but 50k as the bottom is not reliable, stock markets haven't even start crashing yet, look into past data very well you will see that when stock starts to dump is always when Bitcoin finds a new bottom too, we aren't there yet.

I am not saying it's wrong to buy now but thread carefully, but some and keep USDt or Fiat aside, the dump will get real by October 20226 even if we go back to 70k soon, we are still not out of the woods yet.

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Today at 11:38:59 AM
 #30

And if it doesn't reach there what will you do??

Oh no Bitcoin is now buying I have to get involved, FOMO

Timing the price to buy isn't a good approach, the price is already in a dip why not start buying gradually now, that the best I can tell you

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Today at 11:50:02 AM
 #31

I think you are daydreaming here. Maybe you will be able to get BTC at $55k, but getting it below that is like a dream to me. I think that's how the market wants us to think. When it is dumping near $60k we always think like last time that it is going to touch $50k or maybe lower, but it recovered and hit $80k. Not in one straight jump though, but eventually it hit that target, and most of the people started to think it was the start of a bull run and the end of the bearish run, which was a fast one this time. We even acknowledged that.

But now it is back to the same range and we are thinking the same thing all over again. So what now? We expect the same thing to happen. It will dump more, we buy then, wait for it to hit $50k first so we start buying, not even at $55k yes? I think that's a mistake when your plans are for the long term.

I think you should not stick with this plan at all, the rest is your choice.
He is not daydreaming but simply stating his opinion.

There were many predictions last year that Bitcoin would never get to $60k. But this is not the case now because the price might still drop that amount. We can only speculate.what will happen in the future but cannot certainly predict it.

In my view, Bitcoin might still fall below $60k if ETF outflow continues. But I am not considering how the market will move since I am adopting the DCA strategy. No matter how the market moves, my accumulation plans are constant.

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Today at 02:00:52 PM
 #32

I think you are daydreaming here. Maybe you will be able to get BTC at $55k, but getting it below that is like a dream to me. I think that's how the market wants us to think. When it is dumping near $60k we always think like last time that it is going to touch $50k or maybe lower, but it recovered and hit $80k. Not in one straight jump though, but eventually it hit that target, and most of the people started to think it was the start of a bull run and the end of the bearish run, which was a fast one this time. We even acknowledged that.

So for the fact that we taught Bitcoin will dump when it's price was at $60k to $50k last time and it didn't, but later skyrocketed it's price value to $80k, does it mean Bitcoin can't fall below the anticipated least minimum bearish price of $50k this current period? Because that is not a guarantee that Bitcoin can't fall beyond that benchmark, because right now Bitcoin is currently been valued at over $60,000 per BTC, which is still not fall from the $50k we are thinking will be it's least value. And this is a price that just depreciated in less than 7 days. Because by this time last week, Bitcoin was valued at $78k per BTC, and today it is currently over $60k. Which means in next week, it might be around $50,000 per BTC.

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Today at 03:36:25 PM
 #33

Just stay for bitcoin range 44k-51k (i will buy in 50k , 48k, 45k)

and then stay to see what's happen !  Grin Grin Grin

what's your idea? Cool
I had near $45k bottom in mind as well. But given the attitude that majority would think it's a bottom, that makes me wonder what's the attitude going to be in that bottom.

Because every time we have been bottom in the past, the atmosphere has been signaling that it could go even lower, and everyone is blaming the crisis that's currently happening during it.

So i am wondering what's the reason is going to be why anyone would think it's going down from there. Maybe stock market crash? That should be coming soon, because this AI bubble can't be happening forever.

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Today at 03:59:05 PM
 #34

I have already started buying Bitcoin since the day the price of Bitcoin started going down and I have been doing DCA since then. Because I missed the last bear season hoping for my target price but the price I wanted to buy at was only $2k more than the price Bitcoin's ATL of that season and I missed that time. So this time I am doing DCA from now to take full advantage.
It's lower than it's previous 2 times ath. But we might even get more lower than the prices op is mentioned.

The sell momentum is strong enough to sweep down till that zone is met, but we hope that there will be a support to hold price around that range so it won't get any further below.

While some are getting scared and having their legs shake, some are actually taking the opportunity to buy at lower price. It's an advantage to many but those who see it as an opportunity and not a threat to their investments.

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Today at 05:12:27 PM
 #35

Just stay for bitcoin range 44k-51k (i will buy in 50k , 48k, 45k)

and then stay to see what's happen !  Grin Grin Grin

what's your idea? Cool

Did you really know about bitcoin? The reason why i ask is because if you know that bitcoin is unpredicted you will not be waiting for the price to drop to 50k, 48k and 45k to buy, i know that it will be a good thing to buy at lower price but what if you are waiting for the price to drop and the price did not drop as you wanted? The price is dropping and this is the best time for you to buy instead of waiting for the price to drop more, you can wake up tomorrow and find out that the price is rise to 70k and that will not be a surprise because that is how bitcoin works.

If you are planning to buy for the amount you mentioned it is not a bad idea because that is your plan but it will be a good thing if you can buy even if it is just the 30% of the money with the current price so that if the price later rise and did not drop as you expected you will not regret it at the end and you will have some bitcoin to hold.

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Today at 05:19:47 PM
 #36

Op what if it didn't reached that level and you missed also the $60k level to acquire the Bitcoin. You were hoping that bitcoin would eventually goes to $50k level or below it. But if you miss this opportunity whole hoping it would defenetly reach than I think you're the unluckiest person ever. You did get the bitcoin at $60k but didn't buy it's foolishness.

I respect your analysis, but you're already getting bitcoin in cheap price , you should acquire some while you have the chance. You may never know when would be the next opportunity to grab btc un this cheap level.
I started buying BTC in this level, my DCA is going on gradually. I believe if I don't wanna miss the biggest opportunity I need to grab the deal asap

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Today at 05:22:03 PM
Last edit: Today at 05:43:40 PM by Livingleged
 #37

Just stay for bitcoin range 44k-51k (i will buy in 50k , 48k, 45k)

and then stay to see what's happen !  Grin Grin Grin

what's your idea? Cool
.
Just know that setting a specific  price  that you want it to get to before  you buy might just end you not buying  at all,  when you're buying your attention  should  not be on the price  you're  buying  at. Yes it's alway advantageous if you buy at a lesser  price  but saying I want bitcoin  to fall to so so price before I buy is not such a good  idea because  it might never get to that price you're speculating. And if it start going  up again you're stuck in the middle  because  you'll still be waiting  for another  drop and that's how you keep wasting  your time. The best thing  to do is once you're ready  do not look at the price just buy and move one with you're normal  activity  that way you're not bothered and your investment  will be Rewarded  over time if you're patient  to hold strong though.

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Today at 05:52:36 PM
 #38

I myself have yet to master the skill of accurately timing the market to know the best time to buy bitcoin at the low price I anticipate. With this approach, I see that some people get lucky and buy at their desired price, while others miss the opportunity to buy at a low price.

My problem with timing the market is that even when the price is as low as you want it to be, you might still be tempted to wait for it to go lower, which was not originally part of the plan. I just choose to DCA consistently because I can't really be that patient or confident enough to wait until I see bitcoin at a price as low as $45k.

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Today at 05:54:27 PM
 #39

Just stay for bitcoin range 44k-51k (i will buy in 50k , 48k, 45k)

and then stay to see what's happen !  Grin Grin Grin

what's your idea? Cool

I don't think there's much value in trying to predict exactly where the bottom of a bear market will be before buying, because market conditions can change and an asset may start behaving differently than expected.

As for deciding at which levels to buy, everyone should make that decision for themselves. But imagine that Bitcoin never falls below $53,000. In that case, you might end up not buying any Bitcoin at all?

My personal view is that Bitcoin can be accumulated in equal portions starting from $65,000 and lower. In my opinion, anything below that level is already roughly within the bottom zone of this cycle. I'm not trying to identify the absolute lowest point, I use a DCA strategy and keep buying regularly.

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Today at 06:01:12 PM
 #40

And if it doesn't reach there what will you do??

Oh no Bitcoin is now buying I have to get involved, FOMO

Timing the price to buy isn't a good approach, the price is already in a dip why not start buying gradually now, that the best I can tell you

Exactly, and if he has already decided that he wants to buy, it is because he has money that he can afford to risk investing in Bitcoin, so I don't think it makes much sense in waiting to start buying then, because the market is unpredictable. By setting those ranges, I think he is kind of making a bet.

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