Buy on dip

[vs2014]

Of course there is a fear of seeing new forms of the crypto market this year and you will notice that the price of bitcoin is trying to give a new form. I think within 2024-2025 there will be massive changes in the crypto market and investors will get huge profits. However investing in crypto using all money is risky so practice yourself as smart investors and invest according to your needs. You won't get profit just by investing because to get profit you need to have good experience for justify best project.

[Agbe]

That should be your suggestion and not from general suggestion, if you are salary earner and also a worker then you can use your salary to invest every month while use your business profit to feed the family or the other way round.  And the only panic we had was the the high transaction fee and not the bull market. And now that things are going down, investors can buy and hodle the coins for a long period of time. It is a good suggestion that investors should not use all their savings to invest in Bitcoin in the dip (bear) market. And using DCA to accumulate cryptocurrencies is one of the best way to have them but you have to be persistent as it is said somewhere else before. DCA would not solve the problem if you are not buying continuously because the accumulated ones in the wallet would not increase.

[I-Bit]

In fact, price movements in the market are very natural for market correction to occur. It's not something drastic, because as usual, when prices have gone through a fairly high increase, prices usually tend to experience a correction. This won't last long usually. so don't panic.

Just check for now, the price of Bitcoin has started to improve again compared to the previous few days. So be patient on watching the market yep..

and as you said, this is also a very good time to buy the price in lower price

[aiviaa485]

Please check my screenshot below, this chart of Bitcoin today and im suprise because every coin bloody.
Everyone also wants to buy at low prices but unfortunately we can't know when the price of altcoins will be at a low price, because there are many factors that can increase and decrease altcoins.
At this time, I don't think Bitcoin has fallen that far, only around 1000 USD or around 0.1%, but for altcoins the decline has been very drastic, even for Polygon, Avalanche, Polkadot coins, all minus above 6%.
If it's like this, it will be very difficult for us to know when to buy at a low price because the so-called alltcoins go up and down very quickly, very different from the mother of all altcoins, namely Bitcoin. My only problem is timing when to buy, I can't predict it because I'm not a Shaman.

[gunhell16]

Of course there is a fear of seeing new forms of the crypto market this year and you will notice that the price of bitcoin is trying to give a new form. I think within 2024-2025 there will be massive changes in the crypto market and investors will get huge profits. However investing in crypto using all money is risky so practice yourself as smart investors and invest according to your needs. You won't get profit just by investing because to get profit you need to have good experience for justify best project.

This year until next year, I believe that the lives of the crypto community members who have holdings will change a lot again due to the bull run that is coming. But for now, let's take advantage of the time and opportunity to accumulate crypto assets that we think will help our dreams in life.

especially now, at least most of the potential coins that are top-listed in the cryptocurrency business industry are in a downtrend. That's why it's very lucky for people who are rich or wealthy. People who are open to this opportunity in the crypto space to invest in top altcoins are sure that they will get a good profit.

[owmivmen]

The market is experiencing a correction right now and making people panic. Do I buy in this condition? Of course but I don't use all my money to buy. I use the DCA strategy and only a few coins I invest. Just a suggestion, don't use all your money during a bear market.

Well, I won't call it a correction, I do agree with the fact that the market was quite overheated with the funding rates and greedy sentiments. I'll call it a trap for the traders to liquidate them, TBH, I was expecting such a scenario where most likely people get over-excited about some event and the whales or institutes play such tricks to make them realize that they are the market dominators

In dumps how can we use the DCA, I'll be asking for the senior's guidance because in such dumps in a highly bullish market, most investors put the maximum of their buying because it can be the only dip before the ETF approval. TBH DCA is just a word to say not an action because on the price action such dumps last a few minutes or hours only.

But DCA is the method I use when the market experiences a correction. Sorry it took me so long to reply to your comment because I have something to do.

[KryptoBull]

Using DCA strategy, we can always buy at the bottom and sell at the top.
DCA buying at the bottom and DCA selling at the top do not generate as much profit as buying at the bottom and selling at the top, but it helps investors have a strong mentality to gain profits in the uptrend, and at the same time not make wrong decisions. due to too much greed or fear.
I also did not dare to be confident in my luck to set the goal of All in at the dip.

[Thyplaymaker]

Yeah is always good to enter the market on dip (investing at the right time) buying on dip always help to reduce fomo and help in comfortable investment. For instance now imagine those people that started holding bitcoin during 2022 when bitcoin undergo a dip to the price range of $15k many people did not sell theirs they keep on holding while I back then my confidence in investing was not encouraging so due to that I sold mine in lost.
But now I'm also focusing on DCA strategies. And it's being helping alot. So far my coins having putting smile on my face and I'm still buying more.

[TOYMAN]

It seems like a great investment opportunity. All coins are continuously down. I don't have any more dollars now though. ☹️

[Salahmu]

The market is experiencing a correction right now and making people panic. Do I buy in this condition? Of course but I don't use all my money to buy. I use the DCA strategy and only a few coins I invest. Just a suggestion, don't use all your money during a bear market.

One of the things I understand is that in times of investment is that we shouldn't be too hasty on investing but rather we should take our time to structure the amount that will be well suitable for our capital, preferably using DCA method is actually a very good method for those that doesn't have enough money because DCA helps to accumulate Bitcoin with the little money you can afford either on a daily or weekly basis and it also helps to eradicate most of the unforseen circumstances that may likely occur on the process.

[Salahmu]

The drop was only momentary and bitcoin returned to the $44K area although it has not touched back to the current high price of $45K.
I don't buy dips, always set on the initial DCA plan which is now still ongoing, I don't care if the price wants to go up or down will still continue the DCA strategy every week or month.

It is clearly wrong if someone uses all the money to buy bitcoin when it goes down, they must be able to manage finances so that daily needs and investments run well without any problems later, if you receive a 100% monthly salary then set aside for investment 20-30% depending on your needs.

Yeah you are right because one of the factors that influence the mindset of most investors is the fear of losing out of buying opportunities that's why whenever most people sees any drastic fall of Bitcoin they saw it as an opportunity to invest all they have with the belief of making profits when the price increase without a plan to have reserve fund that could sustain and take care of there needs while they wait for there investment to mature and before you no they will start panicking and selling of there accumulated Bitcoin with a discounted price because of there inability to afford for there needs. So just like you said is better accumulating using DCA method than investing aggressively.

[Agbe]

Yeah you are right because one of the factors that influence the mindset of most investors is the fear of losing out of buying opportunities that's why whenever most people sees any drastic fall of Bitcoin they saw it as an opportunity to invest all they have with the belief of making profits when the price increase without a plan to have reserve fund that could sustain and take care of there needs while they wait for there investment to mature and before you no they will start panicking and selling of there accumulated Bitcoin with a discounted price because of there inability to afford for there needs. So just like you said is better accumulating using DCA method than investing aggressively.

Buying from the dip is the best because if you buy from the dip there is hope that you will meet up the bull in future but when you buy it when the price is high then you gave to wait for another ATH which will be higher than the time he or she bought it will be an another long time to wait a d that is why every investor like to start or restart their investment from the dip. And if you buy from the dip, the risk that is involved is not much but if you buy from the bull then the risk is there but if you can be patient enough to overcome the period then you can make you profit when it has risen.

[TopT3ns]

Yeah you are right because one of the factors that influence the mindset of most investors is the fear of losing out of buying opportunities that's why whenever most people sees any drastic fall of Bitcoin they saw it as an opportunity to invest all they have with the belief of making profits when the price increase without a plan to have reserve fund that could sustain and take care of there needs while they wait for there investment to mature and before you no they will start panicking and selling of there accumulated Bitcoin with a discounted price because of there inability to afford for there needs. So just like you said is better accumulating using DCA method than investing aggressively.

Buying from the dip is the best because if you buy from the dip there is hope that you will meet up the bull in future but when you buy it when the price is high then you gave to wait for another ATH which will be higher than the time he or she bought it will be an another long time to wait a d that is why every investor like to start or restart their investment from the dip. And if you buy from the dip, the risk that is involved is not much but if you buy from the bull then the risk is there but if you can be patient enough to overcome the period then you can make you profit when it has risen.

Unfortunately, no one knows what the lowest price will be, but when you look at Bitcoin's price movements in the past few days, you really have to buy at $20k because when the price reaches $40k like this, it's already too high and the possibility of a collapse will happen, it's just a matter of time. What is clear is that you should never use all your money to enter one position.

[vegasus]

The market is experiencing a correction right now and making people panic. Do I buy in this condition? Of course but I don't use all my money to buy. I use the DCA strategy and only a few coins I invest. Just a suggestion, don't use all your money during a bear market.

Actually, this again depends on our own money management and also depends on our financial condition and our strategy in carrying out activities in the cryptocurrency world. Because, however, sometimes many people are waiting for a market correction so they can buy Bitcoin at a lower price. but I also agree with you that we shouldn't use all the cash all in to buy Bitcoin when the price drops. But more by using the DCA system.

Because in any case we will not know whether the price we are taking is the lowest price or whether it will still fall again. So to anticipate all of this, we should really be able to divide our finances when investing or increasing our Bitcoin accumulation.

[$crypto$]

If you buy using the DCA strategy then don't look at the price up and down because DCA purchases are routinely maybe you can do every week, well from that time never know the price and just keep consistently buying bitcoin for sure you will get the average cost throughout doing this DCA.

Buy when the decline or the price is at a discount then do a lumpsum, but I know you have a way to buy bitcoin at your own convenience either at the time of decline or DCA that does not know any price, but honestly I like your way of not using all the money to invest in bitcoin.