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
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.The steps you have taken are very good because not everyone can see a good opportunity like this to buy coins. The distribution of money used to enter cryptocurrency must be managed well so as not to disrupt finances, which are very often used for life's needs. Currently, there are many people who forget that and choose to use all the money they have to enter cryptocurrency, but there is no guarantee of getting instant profits, which will make your economic condition fall apart.
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.Always see dips as opportunities for you to buy. Every dip = a buying opportunity for you.
Just a suggestion, don't use all your money during a bear market.I will disagree on this one.
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.
By now, you know we are not in a bear market; we are in bull season anyway. Though you are right to use DCA for that matter, You are not alone in using DCA; there are many of us.I agree with you, I think the bearish market is over and we are in the early stages of bullrun.
Not every oooh LOL. Some are just a chain reaction for further dips without recovery. I bought Xym 2020 around $260. Sold it last year for $10 :'( ;D. Proof not all dip should be bought and holding isn't always the right choice. Currently i would say buy some, if the market falls you loss a little and rises you gain too without any FUD or FOMO. But as is Bitcoin buy in spot and don't sell in loss. You can choose to restart your DCA if another dip occurs.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.Always see dips as opportunities for you to buy. Every dip = a buying opportunity for you.
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.I think now the market has improved from before and the price of almost all cryptocurrencies has gone up because bitcoin has started to emerge from the darkness again... if you want to buy coins, look at the market volume and find out information about the coin market. You can even join communities that discuss trading. If you are sure about the coins you are going to buy, just go ahead and don't hesitate, if you buy all the assets you have, maybe only half the assets, the fear is that if the coins decline very far, you will automatically lose, but not all your assets will only be half. the assets you invest.
good idea, but not everyone can make the right decision to buy when the market is going down, is this a trap at the start of the market or could it be that the market is really bearish or just the beginning, here we need knowledge in looking at market conditions and need references from various sources before making a decisionIndeed. If we have lack of knowledge, it is difficult to make the right decision. We must be afraid to buy because we see the market is reddish. In this situation, people prefer to stop buying any coin and want to see the change of the market trend first. But if we have knowledge to analyze the situation, we may feel optimistic to buy because we know it is just a temporary condition. Smart people may take advantage from reddish market, meanwhile average people feel panic about the situation.
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.
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.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.
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.
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.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.
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.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.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.
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.
The Bulls just got hold of the crypto industry right now, but I know in a few days another correction would happen, and would probably drop the Market Capitalization to 1.7t. So I advise anyone to please keep some USDT or USDC around for this anticipated dip. People gonna take profit
~Buying coins when the market price is falling is indeed the right choice, but before buying coins it is better for us to analyze first which coins are the best for us to buy.
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.Last night Bitcoin increased to reach a price of 49k USD. But that didn't last long and the price dropped back to 46k usd. And I don't know whether the price will continue to fall to lower levels or not. But what is clear is that I will start adding back bitcoin purchases when the price correction is deeper. But if prices rise again quickly then I think it would be better to hold back first.
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.The current market is in a bearish position and it is never in a panic position rather it looks like a bull run. And if you buy and hold bitcoins from this market then surely enough money can be profited in a short period of time because our halving is waiting ahead. If you spend all the money in cryptocurrency then definitely don't spend all the money because you can fall into losses and lose your money. Invest as much money as you like and definitely use DCA method, it will minimize the maximum risk and help you bring profit. If you invest using DCA method then you can always avoid risk, and during this time you can invest and hold till the bull market and get huge money profit.
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.
I agree because investing in crypto is very risky. I invest more in stocks and gold. Use some of the rest of my salary to invest in crypto and forget about it in a few years.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.The steps you have taken are very good because not everyone can see a good opportunity like this to buy coins. The distribution of money used to enter cryptocurrency must be managed well so as not to disrupt finances, which are very often used for life's needs. Currently, there are many people who forget that and choose to use all the money they have to enter cryptocurrency, but there is no guarantee of getting instant profits, which will make your economic condition fall apart.
Why we must feel panic? I think the market looks okay. If there is a dump, it is normal because we already have a pump previously. The price of crypto coins need some correction before they have another pump. Although people assume there is another factor that make crypto be dumped, I think we don't need to feel worried. As long as we are heading the Bitcoin halving, it is safe to buy and hold crypto coins.If you already know crypto and understand the flow of the market every year, you probably won't panic about the current conditions. I'm talking about some people who are new to crypto and buy when prices are high and use all their money to invest in crypto.
Of course, it's a good strategy to do when the market is going down: immediately buy and hold, wait until the market improves, and then release to be able to enjoy the profits. But this method is not easy to do without good analysis and the willingness to continue to monitor every movement, because missing every moment will prevent you from getting the profit immediately, making it take longer to get another chance.So currently, many people are making long-term investments that ensure that there will be an increase every 4 years. The long-awaited moment is approaching, and it will not be long before those 4 years occur.Yes it is good to do that but many can't wait to see the dip and buy. Like example, there are some people that have money to buy and hodle it now but because the rising bull of the market they can't buy now and they can't keep the funds till when the market would come down again. And definitely the money would be spent for another thing. There was someone that meant me to help him invest last year but he was saying that when the market go down again and early this when I asked him he told me that he has spent the money. And I told him that now that the ATH is almost here, he should buy the amount has with DCA and he agreed to start it.
I hold the coin and trade if the price has gone up, for now the coin price looks like it is going up, but there will always be a correction, the news about ETH Bitcoin provides fresh air for investors, because the price of coins on the market is currently starting to riserecently bitcoin and eth have experienced price increases so quickly that even the market volume is getting bigger now, it makes the market price change... now is the time to gain profits little by little by taking advantage of the current situation and this is a short-term investment by making a profit quickly, but you also have to be careful in the current situation, don't focus too much.
I think we entire in bull session but now we are seeing correction running. Recently we get a big positive news for for bitcoin and all cryptocurrency, Bitcoin ETF has been approved, it’s impact will see for long time i think. So if anyone want to invest on bitcoin he can easily Buy bitcoin in deep. Moreover near future Bitcoin Halving will happen so Price will huge pump History says that. So i think now time for buy deep and hold everyone will be profitable there has no doubt. But if market gose your Against no problem DCA is best solution for investors. Buy every dip is best policy for bitcoin Holder then buying average will reduce. And future bull session return will more and more.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.The current market is in a bearish position and it is never in a panic position rather it looks like a bull run. And if you buy and hold bitcoins from this market then surely enough money can be profited in a short period of time because our halving is waiting ahead. If you spend all the money in cryptocurrency then definitely don't spend all the money because you can fall into losses and lose your money. Invest as much money as you like and definitely use DCA method, it will minimize the maximum risk and help you bring profit. If you invest using DCA method then you can always avoid risk, and during this time you can invest and hold till the bull market and get huge money profit.
When you see the Bitcoin price movement rising very sharply, you have to pay attention to the fact that the price movement can immediately collapse when bad news strikes, so it's better to remain alert when you have a lot of Bitcoin. Even though you have put everything in Bitcoin, we still have to learn from several previous incidents. This year, the price collapsed to the base price.I hold the coin and trade if the price has gone up, for now the coin price looks like it is going up, but there will always be a correction, the news about ETH Bitcoin provides fresh air for investors, because the price of coins on the market is currently starting to riserecently bitcoin and eth have experienced price increases so quickly that even the market volume is getting bigger now, it makes the market price change... now is the time to gain profits little by little by taking advantage of the current situation and this is a short-term investment by making a profit quickly, but you also have to be careful in the current situation, don't focus too much.
Investing with the dollar cost average strategy is pretty wise, but I doubt if Bitcoin will drop below $40k again.Okay friend, I will note your suggestion in my mind because I think your suggestion is easy to accept with my principles when trading with Bitcoin.
Sometimes the patience to be able to wait is lost because we cannot consistently maintain that momentum. When prices are rising, the funds prepared are used because the intention to buy is defeated by other things, so that when the price momentum falls, the funds that could have been used have been used.When this situation occurs, you should not immediately regret it and not do anything to do it again, because actually there are still many schemes that can be done to continue investing, one of which is DCA or whatever can be done so that the opportunity to be able to hold Bitcoin can still be realized.Of course, it's a good strategy to do when the market is going down: immediately buy and hold, wait until the market improves, and then release to be able to enjoy the profits. But this method is not easy to do without good analysis and the willingness to continue to monitor every movement, because missing every moment will prevent you from getting the profit immediately, making it take longer to get another chance.So currently, many people are making long-term investments that ensure that there will be an increase every 4 years. The long-awaited moment is approaching, and it will not be long before those 4 years occur.Yes it is good to do that but many can't wait to see the dip and buy. Like example, there are some people that have money to buy and hodle it now but because the rising bull of the market they can't buy now and they can't keep the funds till when the market would come down again. And definitely the money would be spent for another thing. There was someone that meant me to help him invest last year but he was saying that when the market go down again and early this when I asked him he told me that he has spent the money. And I told him that now that the ATH is almost here, he should buy the amount has with DCA and he agreed to start it.
Business always ups and down as like trading on crypto currency so i think every time we need to buy on dip so that we can earn from the crypto market. Sometimes we may on the dip market one the other hand we may on the bull market. In this case we have to prepare how to buy on the dip market. We have to control our emotion for making buying decision.We have to be smart in choosing when we have to buy and when we have to sell. Of all that, we have to have information and knowledge of the coin we want to buy so that we know when the price of the coin will fall and rise. In my opinion, now is the time to look for big profits because now it is a short-term investment and we have to continue to stand by the market so that we don't miss market movements.
Investing in gold will only serve as your savings. Over the past few years, the price of gold has not increased as much as other currencies including Bitcoin. Investing in gold is very safe but you have to take risk to make profit. If you had invested the amount of money you invested in gold last year in Bitcoin, you would have made almost double the profit today. Those who are investors and who have idea about Bitcoin investment will not invest in gold at least but they will invest in Bitcoin with risk. At the current state of bitcoin price if bitcoin investment can be done in this state then good things can be expected from this bitcoin investment. If I am asked about investing in gold I will definitely consider gold only as a savings platform and not as an investment platform.I agree because investing in crypto is very risky. I invest more in stocks and gold. Use some of the rest of my salary to invest in crypto and forget about it in a few years.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.The steps you have taken are very good because not everyone can see a good opportunity like this to buy coins. The distribution of money used to enter cryptocurrency must be managed well so as not to disrupt finances, which are very often used for life's needs. Currently, there are many people who forget that and choose to use all the money they have to enter cryptocurrency, but there is no guarantee of getting instant profits, which will make your economic condition fall apart.
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.Are you placing the correlation price of bitcoin to be a price above $42k? As for me, I suspect the correlation price of bitcoin to be around $35k-$38k but I don't know whether bitcoin would have a dip fall to that price before the halving season "April 17". Fingers crossed because we don't know what the impact of the recently approved bitcoin ETF would have on bitcoin price in months to come. Skyrocketing bitcoin to a new ATH before the halving or keep the price of bitcoin stagnant at $40k-$46k till the halving season.
Now is not the best time to wait for the DIP of the price. Bitcoin and Ether are extremely promising in terms of price growth, because even the halving of bitcoin and the adoption of ETFs for Ethereum in May, and in the future we may no longer be able to buy these cryptocurrencies at such prices as now.I agree with you. So we have to take advantage of every price correction appropriately and quickly. But don't let us make a mistake in deciding which project we will enter into installments at the time of correction. We still have to do an analysis first. Both from a technical, sentimental and fundamental perspective. But I was still surprised by what happened to Bitcoin which even experienced a correction to the level of 41k USD. However, after reading the reasons behind the decline, I was not surprised and thought everything was normal. And maybe the green market will return again this week.
Every dip is an opportunity for every investors, but it all depend how was the situation affect your deliberation to acquire enough profits. It is too risky to decide, but we have to take the risk if we are aiming to earn enormous profits. Don't be doubtful for every decision you have take, it is about a strategy you created, if you want to earn then spend time to keep holding and if you are doubtful then do not invest, it may frustrate you and lose you as well.Unfortunately, only those who have an unlimited amount of money will take advantage of the opportunity to buy coins at low prices, whereas for people who don't have a lot of money, when they are trapped at high prices, they will not be able to buy coins again when the price collapses because their assets are trapped at high prices. high price. Investments will always have risks; therefore, when you want to invest, it is better to invest in coins with potential, such as Bitcoin or Ethereum.
What you say is true because currently it seems that many rich people are starting to get into cryptocurrency and invest there. As long as it provides good value for the development of cryptocurrency, that is not a problem. The important thing in cryptocurrency is that you have to remain vigilant. Don't make it easy to connect your wallet to a site to keep it safe.Every dip is an opportunity for every investors, but it all depend how was the situation affect your deliberation to acquire enough profits. It is too risky to decide, but we have to take the risk if we are aiming to earn enormous profits. Don't be doubtful for every decision you have take, it is about a strategy you created, if you want to earn then spend time to keep holding and if you are doubtful then do not invest, it may frustrate you and lose you as well.Unfortunately, only those who have an unlimited amount of money will take advantage of the opportunity to buy coins at low prices, whereas for people who don't have a lot of money, when they are trapped at high prices, they will not be able to buy coins again when the price collapses because their assets are trapped at high prices. high price. Investments will always have risks; therefore, when you want to invest, it is better to invest in coins with potential, such as Bitcoin or Ethereum.
When you see the Bitcoin price movement rising very sharply, you have to pay attention to the fact that the price movement can immediately collapse when bad news strikes, so it's better to remain alert when you have a lot of Bitcoin. Even though you have put everything in Bitcoin, we still have to learn from several previous incidents. This year, the price collapsed to the base price.For sure, if negative news should strike at this time, there will be a decline in bitcoin prices. However if the crypto market should experience negative news before the halving, it will react badly to it in price but if it is after the halving season, the good news of the halving season would overshadow the bad news that would happen then, making the bitcoin price not be affected by the negative news
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.
Cryptocurrencies price fluctuates, so for Bitcoin. So accurate dip position is hard to find out. But yeah, that time was to buy Bitcoin as you can see, Bitcoin almost recover its all losses that happened recently due to market flash crash. And thats rhe power of Bitcoin. EFT will help Bitcoin more to go ahead within this month. Afterwards you need to analysis before investment cause Start of Q2 is halving zone of btc which will affect the price than usual
For sure, if negative news should strike at this time, there will be a decline in bitcoin prices. However if the crypto market should experience negative news before the halving, it will react badly to it in price but if it is after the halving season, the good news of the halving season would overshadow the bad news that would happen then, making the bitcoin price not be affected by the negative newsIn general, Bitcoin will always be affected by the news that is happening at that time, whether it is bad or good news. So the role of social media in Bitcoin is very obvious and cannot be avoided. But sometimes the reaction can disappear quickly, but not infrequently, it can also be prolonged because the role of investors who react is sometimes excessive. But you also have to remember that Bitcoin has the characteristic that sometimes it repeats things that have already been done, so sometimes the news can't influence whether Bitcoin wants to do it. where, for example, after the halving era, bitcoin will move slowly to increase, and it will do so.
It has already happened that the price has sharply coming down with even speed. And that is why bitcoin is unpredictable, and with this sudden downturn, people would be disappointed with the market price. And with what is happening in the market, I believe it is the halving that is calling and the way the price is coming down it might hit $25k again and that will one of the best time to buy the dip. And if the price hit 25$k then that will be the dip in this year before the bull run will take place. Therefore if anyone is interested to invest start now with the DCA.When you see the Bitcoin price movement rising very sharply, you have to pay attention to the fact that the price movement can immediately collapse when bad news strikes, so it's better to remain alert when you have a lot of Bitcoin. Even though you have put everything in Bitcoin, we still have to learn from several previous incidents. This year, the price collapsed to the base price.For sure, if negative news should strike at this time, there will be a decline in bitcoin prices. However if the crypto market should experience negative news before the halving, it will react badly to it in price but if it is after the halving season, the good news of the halving season would overshadow the bad news that would happen then, making the bitcoin price not be affected by the negative news
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.
When exchange conditions are being corrected like this, this is the right opportunity to buy Bitcoin again because the price is going down again and add to your portfolio because the price will definitely go up again because the halving is approaching. All cryptocurrencies have the potential to become expensive.
DCA strategy is good way to do and useful.
I buy bitcoin and altcoin every week.
Don't panic with this condition, when we all see market correction.
As many people said it's a good time to buy and accumulate our coins collection in our wallet.
Always buy on dip and hold.
When exchange conditions are being corrected like this, this is the right opportunity to buy Bitcoin again because the price is going down again and add to your portfolio because the price will definitely go up again because the halving is approaching. All cryptocurrencies have the potential to become expensive.I think the way you manage all the assets you own by putting them in a portfolio record is a very appropriate and smart choice. Next, you just need to enter cryptocurrency, which has a clear exchange rate and has products that are useful for people, so that it will provide valuable selling points and can provide a lot of profit.
Indeed. If we have lack of knowledge, it is difficult to make the right decision. We must be afraid to buy because we see the market is reddish. In this situation, people prefer to stop buying any coin and want to see the change of the market trend first. But if we have knowledge to analyze the situation, we may feel optimistic to buy because we know it is just a temporary condition. Smart people may take advantage from reddish market, meanwhile average people feel panic about the situation.
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.
When exchange conditions are being corrected like this, this is the right opportunity to buy Bitcoin again because the price is going down again and add to your portfolio because the price will definitely go up again because the halving is approaching. All cryptocurrencies have the potential to become expensive.Everything that happens to Bitcoin certainly needs to be paid attention to and utilised as best as possible, such as when Bitcoin undergoes a correction. Of course, this is an opportunity that should be taken to continue buying and adding to the coffers of Bitcoin in our wallet. As we know, the unknowable nature of Bitcoin means that the opportunity for correction could soon end without us enjoying the opportunity to buy it.So if there is an opportunity, don't delay and take immediate action to increase your savings in your wallet.It's true that soon the halving period will come, and of course there will be an increase, so we can save first.
It feels like the market has revived after bitcoin has grown to 45k, while now we get a lot of FUD that is only words but not actions of investment funds and financial organizations in the United States that can influence the price of Bitcoin and, judging by everyone, speculate, taking advantage of their position. Many influencers believe that Bitcoin cannot go down to 38k, but I think that the price of bitcoin can easily fall to 30k. Therefore, you should always keep several Stablecoins.I think you are right that we still have to have an anticipatory plan if one day Btc falls lower than expected. Although now positive news is starting to emerge again. But still, in the crypto world, positive news can have the opposite impact. And negative news can also have the opposite impact. Currently the BTC price is still fighting in the 40 to 39 area and I think if BTC fails to maintain its current area then a decline may indeed occur beyond 38.
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.when you are Investing in Bitcoin or any Crypto using DCA method. then you should not worry much about any DIP. price go up or down. you keep investing as much as you planned in your DCA.
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.It all depends on what you think is best for you because some people make use of this period when the price is down to buy a lot of coins and prepare ahead for the coming bull run so buying now is not a bad idea. DCA strategy is a good strategy for the less privileged that doesn’t have enough money to invest big so setting aside a certain amount from their earnings to accumulate bitcoin at regular intervals is good way to accumulate bitcoin that way you wouldn’t be too affected when the price is falls. It is always advised to invest only an amount we can afford to lose when investing in cryptocurrencies.
Although it is not advisable to use all money to invest in crypto, we always said that someone should use the money they can afford to lose. However, the method of dollar cost averaging (DCA) is very good and a simple process to invest in crypto.This strategy makes bitcoin investment to be within the reach of almost every one no matter how rich or poor they may be so no one will have an excuse for missing out in the investment. DCA strategy makes bitcoin investment easy and affordable and using this strategy no one is really concerned about the price they are buying it as they will keep accumulating no matter what. It t is a method adopted by many investors.
I think you are right that we still have to have an anticipatory plan if one day Btc falls lower than expected. Although now positive news is starting to emerge again. But still, in the crypto world, positive news can have the opposite impact. And negative news can also have the opposite impact. Currently the BTC price is still fighting in the 40 to 39 area and I think if BTC fails to maintain its current area then a decline may indeed occur beyond 38.BTC price is no longer in $38k - $40k, we are already above $40k. I think the period of dump/correction is over. Although there is still a chance for the next fall/dump, I think Bitcoin should have a period of pump first. I really expect that we will have some good news in the near future. So, it may trigger the price of Bitcoin to jump again above $45k. If it happens, I assume we are safe to see the price of Bitcoin around $50k very soon. ;)
BTC price is no longer in $38k - $40k, we are already above $40k. I think the period of dump/correction is over. Although there is still a chance for the next fall/dump, I think Bitcoin should have a period of pump first. I really expect that we will have some good news in the near future. So, it may trigger the price of Bitcoin to jump again above $45k. If it happens, I assume we are safe to see the price of Bitcoin around $50k very soon. ;)
Current bitcoin price is $ 41.884.Yeah. Bitcoin is trying again to increase the price. It is around $41k now, it is much better than few days ago. I also hope Bitcoin keeps increasing, we already have many days for the Bitcoin drop. Although I don't want to sell my Bitcoin now, I am a bit pessimism if I'm too often seeing the price drop. :'(
Bitcoin is continuing to grow again mate.
It is really good moment to wait bitcoin halving and of course bullish season.
Keep Hold your Bitcoin.
I think we will fall back under 38k this weekend. Maybe even 37k.Why it will drop again to $38k?
I think we will fall back under 38k this weekend. Maybe even 37k.We still have a day before the week ends. We are one $41k back at it again and likely to be back to $42k soon. As much as it is likely to get some pull back. We seem to see some stability despite the support that $38k.
We still have a day before the week ends. We are one $41k back at it again and likely to be back to $42k soon. As much as it is likely to get some pull back. We seem to see some stability despite the support that $38k.Left one day before weekend and bitcoin price still stable around $41,600 after breaking out until $42k, I have invested yesterday when bitcoin dropping drastically and good moment braveness for reinvesting although bitcoin price still not stable yet will break out to higher price. I don't sure with bitcoin will make another support price to $38k and last time lower seems have been in support and right now moment for bitcoin bounce to higher price.
I have bought a few bucks and good thing that miners do not have to accumulate but has to keep on going and save some for mining costs.
I think we will fall back under 38k this weekend. Maybe even 37k.We still have a day before the week ends. We are one $41k back at it again and likely to be back to $42k soon. As much as it is likely to get some pull back. We seem to see some stability despite the support that $38k.
Buying the dip has now become a stressful exercise in crypto. And to keep on a bag of stables somewhere all by itself, doing nothing is sometimes stupid. So right now I have run out of stable coins to use. I am running on emptyIt is not stressful if you know the right way of investing in the DIP. if you find investing in Dips stressful then that means you have lack of asset management.
Buying the dip has now become a stressful exercise in crypto. And to keep on a bag of stables somewhere all by itself, doing nothing is sometimes stupid. So right now I have run out of stable coins to use. I am running on emptyBuying the dip never seems like a thing to end anytime soon and it’s really becoming stressful as we keep buying the dip on and on but there is always a time of joy for people who are able to keep buying at every dip. Accumulating bitcoin is never useless even if the price doesn’t do well yet there will certainly be a time it will and yield profit for investors. We are approaching a bull run and if eventually bitcoin hits a new ATH a lot of investors who never got tired to invest will rejoice during that period.
It is not stressful if you know the right way of investing in the DIP. if you find investing in Dips stressful then that means you have lack of asset management.You are right, investing in a single coin will limit your possibilities of earning more profit because once the coin is not doing well then you will be at loss but diversifying your portfolio will be more beneficial and less stressful in terms of profit as there will be every possibility that one or more coins will be performing well even when the market is not doing well.
You need to divide your funds among several altcoins at the time of DIP. investing all your money in one project migh also cause stress because that might not turn well.
Sad to know that you ran out of stablecoins. but I am sure the sitautions will change with time. you are in a signature campaign. you can earn money easily from this forum and other sources.
To be frank, in my opinion, now is the right time to buy coins. People are panicking and selling their coins. As you mentioned, it's advisable not to invest all your money in crypto, and I agree with you.Do you think there will be no more dump?
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.I actually don't use my personal money or hard earned money to invest in Bitcoin but I invested my time and effort in a signature campaign and get paid with Bitcoin as weekly rewards and that serves as a DCA for me without me even spending few cents or dollars to transaction fees. My hard earned money is always safe with this strategy.
I actually don't use my personal money or hard earned money to invest in Bitcoin but I invested my time and effort in a signature campaign and get paid with Bitcoin as weekly rewards and that serves as a DCA for me without me even spending few cents or dollars to transaction fees. My hard earned money is always safe with this strategy.Its not bad ideas investing in bitcoin from signature campaign earning with consistency investment you can purchase around $120 every month. I think its more enough values of investment fund for bitcoin if consistency you will have around $1,440 fund for investing in bitcoin and potential increasing up in the future depend keep consistency hold it or not. But if you have another side job you can accumulate your bitcoin investment around $300 every month or in daily you have get income $10 for spending in bitcoin.
Its not bad ideas investing in bitcoin from signature campaign earning with consistency investment you can purchase around $120 every month. I think its more enough values of investment fund for bitcoin if consistency you will have around $1,440 fund for investing in bitcoin and potential increasing up in the future depend keep consistency hold it or not. But if you have another side job you can accumulate your bitcoin investment around $300 every month or in daily you have get income $10 for spending in bitcoin.Of course, it is even a good idea to invest in crypto from the earning we got on signature campaign. Yes, if we used all the payment, it can be around $120 monthly. But I think it will be less than $120 if we want to convert the Bitcoin to another coins. Not every one want to hold Bitcoin only, some people may consdier to invest in altcoins as well.
First time its heavy but I stop smoke and use this fund for investing in bitcoin and hope in the future will earn much profitable from bitcoin price.
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.Dollar Cost Average!!! Very wise decisions.
Of course, it is even a good idea to invest in crypto from the earning we got on signature campaign. Yes, if we used all the payment, it can be around $120 monthly. But I think it will be less than $120 if we want to convert the Bitcoin to another coins. Not every one want to hold Bitcoin only, some people may consdier to invest in altcoins as well.always instill optimism in every action we take, including, of course, in crypto, where there are lots of problems that can occur.agree that if the income from the signature bounty is not used for urgent personal needs, it is better to invest it, because if the bounty is in the form of bitcoin, it should still be maintained.
Not only in Bitcoin, altcoins also have the potential increase. Even some altcoins can have higher increase than Bitcoin. You must be aware that some altcoins can increase more than 100% during the altcoins season.
Right mate. :)I think you are right that we still have to have an anticipatory plan if one day Btc falls lower than expected. Although now positive news is starting to emerge again. But still, in the crypto world, positive news can have the opposite impact. And negative news can also have the opposite impact. Currently the BTC price is still fighting in the 40 to 39 area and I think if BTC fails to maintain its current area then a decline may indeed occur beyond 38.BTC price is no longer in $38k - $40k, we are already above $40k. I think the period of dump/correction is over. Although there is still a chance for the next fall/dump, I think Bitcoin should have a period of pump first. I really expect that we will have some good news in the near future. So, it may trigger the price of Bitcoin to jump again above $45k. If it happens, I assume we are safe to see the price of Bitcoin around $50k very soon. ;)
Right mate. :)As long as Google provides full support for the circulation of cryptocurrency on its platform, it will have a very serious impact because it will make many people increasingly aware of cryptocurrency and try to find information about it. Hopefully, Google support like this when Halving is over will not disappear again, and cryptocurrency advertising on the Google platform will still run well.
Actually, there was a trigger for Bitcoin's rise again in recent days.
The first is that Grayscale has stopped selling their bitcoin. And the latest news comes from Google about allowing crypto ads or something like that. I forget the details but what is clear is that it happened a few days ago. So it's not surprising that today the market is even more enthusiastic. And yes, hopefully this will continue to make BTC continue to rise to its highest price again.
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.Don't buy when the price is falling, instead wait for the retracement come to an end by using important tools or indicators to determine signs of reversals such as RSI and Volume.
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.An investor must be patient when the market is in correction mode and the Market movements should be observed according to the current situation. After a bullish trend of any asset there may be some price correction but it should be waited rather than excited. Current market condition again from bearish to bullish. This is the perfect time for those who want to invest in Bitcoin as this is where the expected bullish movement can start.
Investing is important, but how you manage money to invest is not as important. You can invest the amount of payment you get from working on signature campaigns or you can invest it through any other income payment you want. You have mentioned here that apart from Bitcoin there are some ALT coins that an investor can invest in and there are some ALT coins that give a lot of profit to an investor. But before investing we need to be sure whether we are planning such investment or short term planning. Bitcoin is fine to invest in if the investment is for long term but for short term there are some ALT coins that an investor can invest in if they want.Its not bad ideas investing in bitcoin from signature campaign earning with consistency investment you can purchase around $120 every month. I think its more enough values of investment fund for bitcoin if consistency you will have around $1,440 fund for investing in bitcoin and potential increasing up in the future depend keep consistency hold it or not. But if you have another side job you can accumulate your bitcoin investment around $300 every month or in daily you have get income $10 for spending in bitcoin.Of course, it is even a good idea to invest in crypto from the earning we got on signature campaign. Yes, if we used all the payment, it can be around $120 monthly. But I think it will be less than $120 if we want to convert the Bitcoin to another coins. Not every one want to hold Bitcoin only, some people may consdier to invest in altcoins as well.
First time its heavy but I stop smoke and use this fund for investing in bitcoin and hope in the future will earn much profitable from bitcoin price.
Not only in Bitcoin, altcoins also have the potential increase. Even some altcoins can have higher increase than Bitcoin. You must be aware that some altcoins can increase more than 100% during the altcoins season.
This is too technical to me as an average Bitcoiner. 😁 I've been trying to learn trading but it stressed me out. Anyways, DCA is my only reliable strategy right now since there are a lot of people who still lose using buy low sell high thing.~snipDon't buy when the price is falling, instead wait for the retracement come to an end by using important tools or indicators to determine signs of reversals such as RSI and Volume.
If you see the volume bar is declining, meaning the number of sellers is decreasing. It's an indication that sooner the buyers are in control in the market.
You can use RSI divergence as a sign of reversal, if you see it in the higher time frame meaning it's strong and sooner the price will go to opposite direction.
There are many confirmation of reversals in the market but it's not 100% accurate that's we need to have confluence to increase the chance.
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.If you are investing in DCA method then your market volatility will not affect you at all. Investing using DCA method is the best way to invest. Those who invest using the DCA method also have the highest potential for investment returns. I also invest using DCA method while investing because I have invested in DCA method the market is pumping and dumping again I don't have to count much loss but I am not sitting yet because I am using my DC method the investing is on. But I accept your suggestion because you should not always invest all your money in bear market, when the bear market appears more, you can increase the investment by adding some money. Later, when the market goes up, there is definitely more success.
Yeah, in beginning it's so stressing especially if you're not used to it. But if you get used to it, familiar with the small and big details in the chart, it will be easy for you to analyze the chart. That's what happened to me before, I don't understand the market but now I know how to forecast the market based on what I have learned from mentorships and experience, it feels easy to me but doesn't mean that it always work.This is too technical to me as an average Bitcoiner. 😁 I've been trying to learn trading but it stressed me out. Anyways, DCA is my only reliable strategy right now since there are a lot of people who still lose using buy low sell high thing.~snipDon't buy when the price is falling, instead wait for the retracement come to an end by using important tools or indicators to determine signs of reversals such as RSI and Volume.
If you see the volume bar is declining, meaning the number of sellers is decreasing. It's an indication that sooner the buyers are in control in the market.
You can use RSI divergence as a sign of reversal, if you see it in the higher time frame meaning it's strong and sooner the price will go to opposite direction.
There are many confirmation of reversals in the market but it's not 100% accurate that's we need to have confluence to increase the chance.
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.Investing during a market correction can be a strategic move, but it requires caution. Utilizing the Dollar-Cost Averaging (DCA) strategy can be a sensible approach, as it involves spreading out your investment over time to reduce the impact of volatility. Focusing on a select few coins rather than diversifying too widely can also be wise. Most importantly, it's crucial not to invest all your funds during a bear market, to manage risk and preserve capital for future opportunities. Remember, each investment decision should align with your individual financial goals and risk tolerance.
But entirely, the best entry position as far as bitcoin is concern, is to buy the dip or correctional price and sell high that is the elenmatry bitcoin investment skills based on short terms basis.
I will disagree on this one.Waiting for a bearish market is also a good thing to do when investing in crypto. How long do you see a potentially bearish market?
What's the perfect time for us investors to invest in any market? It's the bear market. That's the time when prices of these tokens, coins, or whatever asset it is are at their lowest. When we are buying something online. Sometimes we are waiting for a sale to happen right so we can get it at a cheaper price? Same with crypto. It's like we are buying coins at a discount. The upside is higher when we buy on a bear market thus, more profit for us. Just make sure that you don't buy shitcoins or deadcoins.
The DCA method should be safe to use for the long term and to avoid risks in investing you should buy potential coins such as Bitcoin or Ethereum. I have done that until now and while using this method at least I get more profits than daily tradingThe 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.
By now, you know we are not in a bear market; we are in bull season anyway. Though you are right to use DCA for that matter, You are not alone in using DCA; there are many of us.
Then, from what I see now and the market situation, it is, in my opinion, a good opportunity to buy potential coins, whether cryptocurrency or bitcoin. Because honestly, there are a lot of prices that have fallen in value now and then just hold for the long term.
If we talk long term like weekly and monthly I think this is a reasonable correction and an opportunity to buy. More precisely, waiting for the BTC halving, I might buy more ;DBy now, you know we are not in a bear market; we are in bull season anyway. Though you are right to use DCA for that matter, You are not alone in using DCA; there are many of us.I agree with you, I think the bearish market is over and we are in the early stages of bullrun.
Although BTC dropped about 10% in a few hours, to me this is completely normal because crypto market is characterized by high volatility. High volatility is not bad, it generates high returns.
Look at weekly chart, everything is still very good and BTC is only slowing down a bit in uptrend. Of course, congratulations to investors holding stable coins who can buy BTC and ALTS at preferential prices ^^(https://www.tradingview.com/x/1BdWJ743/)
I prefer a different approach, in which you can use support and resistance levels to understand where the approximate levels are, to which the price of bitcoin can fall or rise, after which you can put up ladders for purchases and sales. At the same time, the volume of the purchase should increase as the order is placed to the support level found with the help of technical analysis. I have already successfully bought and sold bitcoins like this three times.
I prefer a different approach, in which you can use support and resistance levels to understand where the approximate levels are, to which the price of bitcoin can fall or rise, after which you can put up ladders for purchases and sales. At the same time, the volume of the purchase should increase as the order is placed to the support level found with the help of technical analysis. I have already successfully bought and sold bitcoins like this three times.
Only a technical expert will understand what you mean by support and resistance. This is why it's important for every investors to have a brief understanding of every aspect of crypto to help them make decisions that will favour their judgement. However, I think if you are buying asset like Bitcoin, buying at every level as it fall will not be a problem because even if it fall below where you buy, it will later go up after some time.
Altcoins on the other hand, they don't respect support and resistance when there is panic sell in the market and that's if you observed it very well, when bitcoin is falling down or has fallen down by -10%, altcoins can do -25% depending on how volatile that coin is and how many of that coin is in circulation. You should also be careful of how you buy altcoins when they are falling down because some them can take years below the price you bought them or may even die.
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.
Your thinking is absolutely right, we should not be close to the market at all in such an opportunity because we have already lost such an opportunity when we have to think of taking the coin in the dip. During this situation we can make our own earnings by adding a small amount. This can also be called day trading or scalping.When you want to get into Bitcoin, when the price collapsed some time ago when someone was selling it in very large amounts, it will not be suitable for scalping, so you have to remain alert. The price movement is very fast, and the price is already very expensive, so I think it will be very dangerous when used for scalping.
This gives us the advantage that we do not go long-term trade we would in the short term, we get a little but the benefit will be daily. If add one more thing that we can benefit from is that whenever we get bitcoin in dip for example if bitcoin goes to 44k then we have to wait for it, when it comes to 41k or 40k, then we have to take entry in this condition of bitcoin, one should not waste this opportunity.
Waiting for a bearish market is also a good thing to do when investing in crypto. How long do you see a potentially bearish market?Waiting for the bearish market is completely the best time for an investor to invest in bitcoin. But would the investor be waiting every 2 years for the bearish market to happen since we have a 4-year interval of bitcoin halving which comprises, 2 years of the bull run season and 2 years of the bearish market?
Waiting for a bearish market is also a good thing to do when investing in crypto. How long do you see a potentially bearish market?Waiting for the bearish market is completely the best time for an investor to invest in bitcoin. But would the investor be waiting every 2 years for the bearish market to happen since we have a 4-year interval of bitcoin halving which comprises, 2 years of the bull run season and 2 years of the bearish market?
What would you now advise an investor who wants to invest in Bitcoin now we are close to the bull run? My question is, would they hold on till the bearish market starts before they could invest, which is possibly be by 2027 when the potential bear market starts fully
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.
Right now the market is panicking and the news that is coming out more and more makes you rethink your strategy. Although I have recently tried to invest not my own money, but the money that I received from investments or won on platforms such as Fairpsin, participating in tournaments received there a small amount of money, which I also reinvested. As for me, this strategy also has a placenot a bad idea, in principle all strategies make sense, just everyone should choose the most convenient option for themselves
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.
The correction in reality in the market has nothing to do with us doing DCA in the assets that we accumulate in reality. Normally, there is a correction because cryptocurrency is a volatile asset and that is not surprising.
Then, whatever your strategy is, of course, I can't do anything about it because it's your choice and it's your strategy. It's just that when there is a correction, there is also an opportunity to buy potential cryptocurrencies whose price value has also fallen in the market because Bitcoin's price value has fallen.
I agree with you that using the DCA method to accumulate bitcoin is the best strategy, and it is good for newbies who just started with their bitcoin journey. Some people find it difficult to hodli their bitcoin investment for long, so that they can have a good profit from its compounding value, but rather they will prefer to risk the little bitcoin that they have by trading it because of greed when they are far being a professional trader because they don't have that patience to wait for a very long time. When you are DCAing, before you know it, your bitcoin portfolio will grow to a point that you will never expect because you are consistently, and persistently buying weekly or monthly.The DCA method should be safe to use for the long term and to avoid risks in investing you should buy potential coins such as Bitcoin or Ethereum. I have done that until now and while using this method at least I get more profits than daily tradingThe 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.
By now, you know we are not in a bear market; we are in bull season anyway. Though you are right to use DCA for that matter, You are not alone in using DCA; there are many of us.
Then, from what I see now and the market situation, it is, in my opinion, a good opportunity to buy potential coins, whether cryptocurrency or bitcoin. Because honestly, there are a lot of prices that have fallen in value now and then just hold for the long term.
Usually when the market experiences a correction there is an opportunity for us to buy. However, this can be done while we still have money, but if not, it's better not to force yourself. People who panic or are afraid when they see the market experiencing a correction are usually people who are new to or have just entered the cryptocurrency space. That's a normal thing, I'm also sure that most people here also experienced the same thing at first, but slowly the feeling of panic disappears as our experience and knowledge increases.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.
The correction in reality in the market has nothing to do with us doing DCA in the assets that we accumulate in reality. Normally, there is a correction because cryptocurrency is a volatile asset and that is not surprising.
Then, whatever your strategy is, of course, I can't do anything about it because it's your choice and it's your strategy. It's just that when there is a correction, there is also an opportunity to buy potential cryptocurrencies whose price value has also fallen in the market because Bitcoin's price value has fallen.
Few days ago Bitcoin price were fall in deep. But gradually it’s price recovered. Now bitcoin price is nwar about $51k. If anyone invest on Bitcoin and other currency in deep he still huge profited. Because some days ago bitcoin price was near about $20k.Depending on the potential of Bitcoin the current price may also dip if we speculate. At the moment every Bitcoin price is close to $51k which is sure to be the best time for those who doing Bitcoin DCA is still growing. This is a very well-known strategy for Bitcoin holders as it is the most tried and tested strategy to gradually grow the Bitcoin portfolio. For those who know about Bitcoin and don't have any doubts about the future of Bitcoin, now there is the dip. Moreover, you are right that those who have speculated about Bitcoin in the last bullmarket must believe in the potential of Bitcoin. For them, the current price of Bitcoin may also be the best time for investment.
Now Bitcoin price is above $50k. But i think it also low price. Who miss previous deep he can bought now because in near future bitcoin halving will happen then Bitcoin price will go moon. So i think who are interested to invest on cryptocurrency you can buy now.
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.I never use all the money at once to invest. I always invest every amount I earn from here using the DCA method and I also deposit some of my physical income weekly. I focus on two coins to invest in and I don't focus on moving forward with unique coins. I see many people here who look for opportunities to invest and wait for bear markets. I would say it is better to invest using DCA method rather than waiting for bear market. Investing using DCA method is definitely more successful in that investment. So everyone thinks better to use DCA method to invest from now on.
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.I never use all the money at once to invest. I always invest every amount I earn from here using the DCA method and I also deposit some of my physical income weekly. I focus on two coins to invest in and I don't focus on moving forward with unique coins. I see many people here who look for opportunities to invest and wait for bear markets. I would say it is better to invest using DCA method rather than waiting for bear market. Investing using DCA method is definitely more successful in that investment. So everyone thinks better to use DCA method to invest from now on.
Dca is a must. But a dip and hold plan should be a part of your investment strategy.I highly agree with you, I believe dip and holding plan could help all those people who are scared of losing their capital but it would work only if someone should implement it with DCA strategy.
I SET a crash buy ladder.
42k
39k
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And I dca my signature earnings.
Usually when the market experiences a correction there is an opportunity for us to buy. However, this can be done while we still have money, but if not, it's better not to force yourself. People who panic or are afraid when they see the market experiencing a correction are usually people who are new to or have just entered the cryptocurrency space. That's a normal thing, I'm also sure that most people here also experienced the same thing at first, but slowly the feeling of panic disappears as our experience and knowledge increases.Currently, where Bitcoin and other crypto prices have started to rise and it is impossible for them to drop to the bottom price like during the previous era, one of the things we are waiting for when we want to increase our accumulation is a market correction. Because usually every time there is one. The increase, whether significant or gradual, will definitely be followed by a market correction. That's bound to happen, no matter how far it falls, yes we can target it at a certain price. Therefore, if we encounter a market correction, there is no need to worry, and in fact this can be used to start accumulating more coins. What is important is that we understand the management of our emotions to control them and also the financial management that we have for a financial system for healthier and wiser investments.
Usually when the market experiences a correction there is an opportunity for us to buy. However, this can be done while we still have money, but if not, it's better not to force yourself. People who panic or are afraid when they see the market experiencing a correction are usually people who are new to or have just entered the cryptocurrency space. That's a normal thing, I'm also sure that most people here also experienced the same thing at first, but slowly the feeling of panic disappears as our experience and knowledge increases.Currently, where Bitcoin and other crypto prices have started to rise and it is impossible for them to drop to the bottom price like during the previous era, one of the things we are waiting for when we want to increase our accumulation is a market correction. Because usually every time there is one. The increase, whether significant or gradual, will definitely be followed by a market correction. That's bound to happen, no matter how far it falls, yes we can target it at a certain price. Therefore, if we encounter a market correction, there is no need to worry, and in fact this can be used to start accumulating more coins. What is important is that we understand the management of our emotions to control them and also the financial management that we have for a financial system for healthier and wiser investments.
Now many are afraid to make any sudden movements because in fact it is not clear how events will develop. The market can easily go into a long sideways position and when we get used to the new prices we will become more courageous.Usually when the market experiences a correction there is an opportunity for us to buy. However, this can be done while we still have money, but if not, it's better not to force yourself. People who panic or are afraid when they see the market experiencing a correction are usually people who are new to or have just entered the cryptocurrency space. That's a normal thing, I'm also sure that most people here also experienced the same thing at first, but slowly the feeling of panic disappears as our experience and knowledge increases.Currently, where Bitcoin and other crypto prices have started to rise and it is impossible for them to drop to the bottom price like during the previous era, one of the things we are waiting for when we want to increase our accumulation is a market correction. Because usually every time there is one. The increase, whether significant or gradual, will definitely be followed by a market correction. That's bound to happen, no matter how far it falls, yes we can target it at a certain price. Therefore, if we encounter a market correction, there is no need to worry, and in fact this can be used to start accumulating more coins. What is important is that we understand the management of our emotions to control them and also the financial management that we have for a financial system for healthier and wiser investments.
You are right that currently bitcoin and altcoins have started to rise and prices are high. We can study it again when a correction occurs, although I don't expect there will be a sharp correction, maybe there will only be a small correction. but at least there is still a chance to add to our coin collection in our wallet, which is good.
This is something that we should make good use of, instead of panicking and selling it for fear of the price dropping even further. Correction is something that is very common in the market and it is part of the process.Usually when the market experiences a correction there is an opportunity for us to buy. However, this can be done while we still have money, but if not, it's better not to force yourself. People who panic or are afraid when they see the market experiencing a correction are usually people who are new to or have just entered the cryptocurrency space. That's a normal thing, I'm also sure that most people here also experienced the same thing at first, but slowly the feeling of panic disappears as our experience and knowledge increases.Currently, where Bitcoin and other crypto prices have started to rise and it is impossible for them to drop to the bottom price like during the previous era, one of the things we are waiting for when we want to increase our accumulation is a market correction. Because usually every time there is one. The increase, whether significant or gradual, will definitely be followed by a market correction. That's bound to happen, no matter how far it falls, yes we can target it at a certain price. Therefore, if we encounter a market correction, there is no need to worry, and in fact this can be used to start accumulating more coins. What is important is that we understand the management of our emotions to control them and also the financial management that we have for a financial system for healthier and wiser investments.
You are right that currently bitcoin and altcoins have started to rise and prices are high. We can study it again when a correction occurs, although I don't expect there will be a sharp correction, maybe there will only be a small correction. but at least there is still a chance to add to our coin collection in our wallet, which is good.
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.
We are no longer in the dip again and if anyone is interested to buy now is for those who understand the market and not the newbies. Newbies who have small investment in cryptocurrency are now planning to sell their coins or continue hodling to see the All Time High of the market. At this point I the market it is only those who are the real vendors of n the business are buying from exchange platforms. Buying the dip is the best approach in the cryptocurrency investment market but we are not in the dip so what should we do should we wait till the dip again after the ATH? Well if anyone buy now the will still make a slide profit in the market.If you are currently waiting for the price to fall then that is not possible because now it will be approaching the halving which will make Bitcoin rise even higher, what you have to do now is that you are forced to buy high Bitcoin and you have to record all your purchase history so that you don't forget it, Bitcoin is indeed the moment it's already overpriced but there's still potential for it to hit $100k soon.
I think it is not the right move to buy an asset when the price is falling. You need to wait until and where it stops and some kind of pattern or signal of a trading strategy to buy is formed. And this must be expected; many people do not want or do not have the skills of technical analysis. Therefore, they simply buy on the fall at some “round” levels. While the price continues to fly down.
Buying the dip is the best option in the crypto market, buying dip is an opportunity for investors to buy to gain in future.
Buying the dip is the best option in the crypto market, buying dip is an opportunity for investors to buy to gain in future.Yeah but the only problem is that we cannot accurately gues when and how deep is that dip will be going the reason why investors use DCA to maximize the possibility of getting the lowest point of this dip but this also depends on our ability to accumulate or let me just say our budget or capital in acquiring amount of crypto until the bottom and then wait again to skyrocket.
We should still wait until it stops at the point where the coin number will drop before validating. no rush to buy. because it is not easy to determine the bottom number of a coin. This requires good experience and analysis.
Buying the dip is the best option in the crypto market, buying dip is an opportunity for investors to buy to gain in future.Yeah but the only problem is that we cannot accurately gues when and how deep is that dip will be going the reason why investors use DCA to maximize the possibility of getting the lowest point of this dip but this also depends on our ability to accumulate or let me just say our budget or capital in acquiring amount of crypto until the bottom and then wait again to skyrocket.
Buying at dip is a good opportunity to be profitable but no one knows that this is the limit of dip price so it is better to buy whenever you have money but one thing should be remember that not choose to buy during Bull season as that is the time to sell your coins.Some time most of trader or investor afraid when bitcoin or altcoin price on the dip and waiting the other dip price but losses the opportunity behind bitcoin getting pump. Its very good ideas when investing or buying on dip price but not every one have braveness for buying bitcoin or altcoin have really touch most dip price.
Some people wait in the hope that decrease will happen but when Bull season is near then instead of deep down we see strong pump. If is difficult to know that at which price dump or pump will stops so buy according to your money and then set a target to sell it.
I think it is not the right move to buy an asset when the price is falling. You need to wait until and where it stops and some kind of pattern or signal of a trading strategy to buy is formed. And this must be expected; many people do not want or do not have the skills of technical analysis. Therefore, they simply buy on the fall at some “round” levels. While the price continues to fly down.
Some time most of trader or investor afraid when bitcoin or altcoin price on the dip and waiting the other dip price but losses the opportunity behind bitcoin getting pump. Its very good ideas when investing or buying on dip price but not every one have braveness for buying bitcoin or altcoin have really touch most dip price.
Right now have difference way when investing in bitcoin, many people excited for investing when higher price or bitcoin get good news and can't patience awhile for buying on dip price, but after bitcoin going drop or at the dip price most of them worry to buy and not excited how to invest much money during good opportunity.
We all strive to buy at the lowest price and are afraid to do something when the price is too high in our opinion. But the problem is that it may turn out that this is the lowest price and we will still wait, and after that the price may sharply grow and we will wait again and in the end we will be left with nothing. I assume that in addition to technical analysis you need to have some kind of intuition.
We should still wait until it stops at the point where the coin number will drop before validating. no rush to buy. because it is not easy to determine the bottom number of a coin. This requires good experience and analysis.
You need a trading strategy for this. It is its signals and conditions that can indicate where the price stops and a set of purchases occurs. That is, here you need to be not only an investor, but also a trader, in order to buy cryptocurrency at the right point and simply wait for growth with a minimum drawdown.
I think it is not the right move to buy an asset when the price is falling. You need to wait until and where it stops and some kind of pattern or signal of a trading strategy to buy is formed. And this must be expected; many people do not want or do not have the skills of technical analysis. Therefore, they simply buy on the fall at some “round” levels. While the price continues to fly down.Why it is not the right way to buy when crypto price is decreasing?
This is where some people fail to understand, they always depend on other people's call before they would buy forgetting to do their own research. I have had this experience in the past. I joined a call group and there were lots of Crypto calls which I initially do not follow as I was just closely monitoring and observing. The group was a closed group and therefore nobody could comment or see anybody to chat with. After a while, I decided to try and see.I think it is not the right move to buy an asset when the price is falling. You need to wait until and where it stops and some kind of pattern or signal of a trading strategy to buy is formed. And this must be expected; many people do not want or do not have the skills of technical analysis. Therefore, they simply buy on the fall at some “round” levels. While the price continues to fly down.Why it is not the right way to buy when crypto price is decreasing?
I think we must buy crypto coins when they are declining. What signal do you mean? I don't think we must rely on the signal given by other people. We must do our own analysis to buy potential coins. Don't buy coins because we only trust with the signal given by other people.
I think it is not the right move to buy an asset when the price is falling. You need to wait until and where it stops and some kind of pattern or signal of a trading strategy to buy is formed. And this must be expected; many people do not want or do not have the skills of technical analysis. Therefore, they simply buy on the fall at some “round” levels. While the price continues to fly down.
Why it is not the right way to buy when crypto price is decreasing?
I think we must buy crypto coins when they are declining. What signal do you mean? I don't think we must rely on the signal given by other people. We must do our own analysis to buy potential coins. Don't buy coins because we only trust with the signal given by other people.
Yes, it is a very old strategy but still very effective if we know how to used it to our advantage. Specially if we started to collect BTC from the bear market is 2022-2023, we could have save a lot today. There is also this strategy by some, specially who has big pockets, to buy huge amount when there is a huge dip, but everything should be perfectly time. But for us small and retail investors, DCA is going to be our friend. It's just we need to be mentally tough to go thru saving and buying weekly or monthly.Buying the dip is the best option in the crypto market, buying dip is an opportunity for investors to buy to gain in future.Yeah but the only problem is that we cannot accurately gues when and how deep is that dip will be going the reason why investors use DCA to maximize the possibility of getting the lowest point of this dip but this also depends on our ability to accumulate or let me just say our budget or capital in acquiring amount of crypto until the bottom and then wait again to skyrocket.
DCA is a great method to invest in crypto, I used it to add to my bitcoin collection before the bull season. Buy on dip, up to what point the price can be predicted to dip, because no one can predict accurately
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.
If you were trading, then at that time you had to sell and take profits.And after the correction, you could buy almost any altcoin.Now you just need to get used to the current price range and continue trading as before.Personally, I wouldn’t buy something for the long term.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.
As at January 2024, the market was extremely at high rate, and because of that most people where afraid to buy stocks to avoid big loss. Yes the market was on the bull run, but that doesn't mean you won't continue to make your money. You can purchase but not with all your money because you can't predict the market in the future..
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.
As at January 2024, the market was extremely at high rate, and because of that most people where afraid to buy stocks to avoid big loss. Yes the market was on the bull run, but that doesn't mean you won't continue to make your money. You can purchase but not with all your money because you can't predict the market in the future..
If you were trading, then at that time you had to sell and take profits.And after the correction, you could buy almost any altcoin.Now you just need to get used to the current price range and continue trading as before.Personally, I wouldn’t buy something for the long term.
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.No investment should be made with 100% dollars invested on a single coin. In this case, if the market price increases or the market price is dumped, you will not get any opportunity to reinvest. Also, one thing to be careful about while investing is to never invest on a single coin. If an investment is made on a coin, of course, if that coin is scammed from the market, all the investment will be wiped out. So while investing one must be careful not to invest all dollars on one coin.
This is normal. No one is able to constantly trade only for profit. Therefore, it is important to look at the result over a certain period, for example a month. I also like short-term trading.And if I bought it for a long period, I don’t even know what I would settle on.If you were trading, then at that time you had to sell and take profits.And after the correction, you could buy almost any altcoin.Now you just need to get used to the current price range and continue trading as before.Personally, I wouldn’t buy something for the long term.
Of course. Sadly, most people don't talk about short term investment and quick trade. They neglect the fact that massive profits can also emanate from that angle as long as we can remain consistent, though there are risk factors. The market is unpredictable, so those who buy dip and sell at a slight increase ain't making any mistake. Profits happens to be the first thing when it comes to holding any crypto asset.
I also prefer the short term hold and sell as I find it quite interesting and profiting, but sometimes disappointing as I might miss out of massive pump.
This is normal. No one is able to constantly trade only for profit. Therefore, it is important to look at the result over a certain period, for example a month. I also like short-term trading.And if I bought it for a long period, I don’t even know what I would settle on.Of course, no trader can always take profits every time he is trading. There should be the time for losses, no trader is perfect.
If I were clairvoyant and could tell when coin prices were bottoming then I could buy more of all cryptocurrencies.Well, that's what happened and that's the real obstacle, namely limited capital. To carry out DCA, you need income stability that allows us to continue accumulating over a certain period or whenever there is a correction in the market. I also quite often miss market corrections, not because I don't know that it's a good moment. but sometimes when a correction occurs it turns out that I no longer have the capital to accumulate. And it's quite painful because we miss the opportunities that are right in front of our own eyes. But it's better than forcing ourselves. Because in trading and investing we only have to enter with money that we have prepared and are ready if we have to experience losses.
For example, the price of Solana coins drops to 50 dollars and then rises again to 500 dollars, but at 50 dollars I don't know when the price of Solana coins will rise, so I still don't buy it.
If you refer to the DCA trick, it might be easy to do, but unfortunately I don't have a lot of money to buy a coin in stages using the DCA technique.
This is normal. No one is able to constantly trade only for profit. Therefore, it is important to look at the result over a certain period, for example a month. I also like short-term trading.And if I bought it for a long period, I don’t even know what I would settle on.Of course, no trader can always take profits every time he is trading. There should be the time for losses, no trader is perfect.
But smart traders must know how to deal with the losses, they are learning something from the losses. They will apply a different strategy for the next trading. And they must evaluate what is wrong with the previous strategy. The losses is just a lesson to be a better trader.
I don’t agree. In any strategy there will be a certain percentage of unsuccessful trades and this is normal. It is not normal when, when applying a certain strategy, the percentage of negative trades exceeds the percentage of positive ones. Then you definitely need to change the strategy.This is normal. No one is able to constantly trade only for profit. Therefore, it is important to look at the result over a certain period, for example a month. I also like short-term trading.And if I bought it for a long period, I don’t even know what I would settle on.Of course, no trader can always take profits every time he is trading. There should be the time for losses, no trader is perfect.
But smart traders must know how to deal with the losses, they are learning something from the losses. They will apply a different strategy for the next trading. And they must evaluate what is wrong with the previous strategy. The losses is just a lesson to be a better trader.
Just a suggestion, don't use all your money during a bear market.Very good advice, in fact that way we can buy again when it turns out that the bearish situation has not stopped. Let's be honest, it's hard to buy a dip, because we'll only know it's a dip when the bull market starts to come. Saying to buy more assets when the market is bearish sounds easy, but believe me it is one of the difficult things to consider because we are all speculating anyway.
If I were clairvoyant and could tell when coin prices were bottoming then I could buy more of all cryptocurrencies.
For example, the price of Solana coins drops to 50 dollars and then rises again to 500 dollars, but at 50 dollars I don't know when the price of Solana coins will rise, so I still don't buy it.
If you refer to the DCA trick, it might be easy to do, but unfortunately I don't have a lot of money to buy a coin in stages using the DCA technique.
I am also interested in buying coins at Dip prices but I don't know when the coin price will become Dip because I am not a psychic.You need to learn 4 years cycle of bearish-bullish to know when the best time to buy at the dip. If you bought the coins in 2022, it means you buy at the dip because it was the time of most coins have very cheap prices. Most of them were -85% or even -90%. Sure, it was the safest time to buy coins. However, it was also not bad if you bought in 2023. But we must be careful when we buy in this year and the next year. Always remember that the best time to buy is in the bearish season.
Or maybe I can buy coins during the Dip when the coins are minus up to -85%. And I find coin drops like this very rarely.
This is probably the safest point to buy coins because at least if it is -85% it just rises slightly to -65% which means you have made a profit of 20%.
Just a suggestion, don't use all your money during a bear market.Never, I never go all in on buying and selling cryptocurrency, this is part of my strategy for investing in long-term cryptocurrency. All in does open up the potential for greater profits, but that is also thanks to the big risks that have been taken.
Why wait 4 years? Did I make a mistake in pronouncing the words when making the post?I am also interested in buying coins at Dip prices but I don't know when the coin price will become Dip because I am not a psychic.You need to learn 4 years cycle of bearish-bullish to know when the best time to buy at the dip.
Or maybe I can buy coins during the Dip when the coins are minus up to -85%. And I find coin drops like this very rarely.
This is probably the safest point to buy coins because at least if it is -85% it just rises slightly to -65% which means you have made a profit of 20%.
If you bought the coins in 2022, it means you buy at the dip because it was the time of most coins have very cheap prices.I looked at the chart for Bitcoin in 2022, it looks like the price is very low but unfortunately I can't buy coins in 2022. So what about 2024? Is this the wrong year to buy crypto coins?
Never, I never go all in on buying and selling cryptocurrency, this is part of my strategy for investing in long-term cryptocurrency. All in does open up the potential for greater profits, but that is also thanks to the big risks that have been taken.That way, at least you have managed your finances well, because so far it has been very difficult to maintain a stable financial condition. Placing all your assets at once will only speed you up to become rich or it can also make you poor very quickly. Keep your emotions under control and don't be easily influenced by market conditions.
Just in case market conditions are uncertain, let's say the bearish market lasts longer and prices fall further... there our opportunity to buy coins at a cheaper price has run out. So we cannot have a low average purchase price.
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.you advise us to buy on dip but do not use all our money?
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, sorry but I find your post in-complete, if you must tell me not to use all my funds to buy or invest in my favorite crypto when there is a dip like this, then you must also tell me the reason why doing so (which is, investing all my funds) is a bad idea.
Well, sorry but I find your post in-complete, if you must tell me not to use all my funds to buy or invest in my favorite crypto when there is a dip like this, then you must also tell me the reason why doing so (which is, investing all my funds) is a bad idea.I understand what they meant by not going all in at once. As an long-term investor going all in is never their style, because they need to set aside other funds like emergency funds and some reserved. The reason for the emergency funds is to coverup some expenses, and the reserved funds to buy the dip if there's further dips, though the dips is an opportunity we must grab when it comes to purchasing a coin for ourselves. But sometimes the dip might be tricky, because we all know that predicting market movement is almost impossible. So most time some dip is not actually the main dip , for instance a dip occur and an investor quickly took action to buy the dip using all his funds and lateron market dip further with his funds in .so such individual would not have another reserved funds to buy again because he or she has already go all in with Their fund's (using lump-summing). That why sometime most investors prefer spreading their money when purchasing the dip.
I believe as investors, we all have our different investment strategies that we have adopted and it's been working well for us, personally, I use DCA strategy but not all the time, DCA is only good when we are in a fall blown bear market when we are very sure that after we've bought a coin, the price of that coin has a high potential to keep going down, in such times, we reserve funds to keep buying more and more as it continues to drop.
Maybe most people know that the buying dip will give us a good profit in the future. All we need is to know when it's the right time to buy deep into a coin. Maybe later on we will have to wait and wait, and then when it suddenly became bullish and we still thought that it would go down, it went up gradually, and we were left behind.Actually, detecting the price of Bitcoin at a lower price is very difficult to do. Many out there have very large amounts of Bitcoin and can dump depending on their wishes. As happened some time ago, someone made a transaction of 30K Bitcoin. With transactions of that size, the price of Bitcoin on exchanges collapsed.
So we must know how to properly execute the buy dip that we are talking about in this discussion. The question is, how do we know if a coin is in a dip?
Setting aside like emergency funds and others, I think DCA is the best strategy to used in dip even if we are in a bull run. Of course, if a investors has large capital he/she can buy in lump sum. But for the ordinary investors, we should use DCA and it will cover whether we have big or small capital. As with this strategy, we don't need to time the market, and we can control how much we can buy and so it depends on our budget. So even if the dip is tricky, an average buy thru DCA is the best weapon for us.Well, sorry but I find your post in-complete, if you must tell me not to use all my funds to buy or invest in my favorite crypto when there is a dip like this, then you must also tell me the reason why doing so (which is, investing all my funds) is a bad idea.I understand what they meant by not going all in at once. As an long-term investor going all in is never their style, because they need to set aside other funds like emergency funds and some reserved. The reason for the emergency funds is to coverup some expenses, and the reserved funds to buy the dip if there's further dips, though the dips is an opportunity we must grab when it comes to purchasing a coin for ourselves. But sometimes the dip might be tricky, because we all know that predicting market movement is almost impossible. So most time some dip is not actually the main dip , for instance a dip occur and an investor quickly took action to buy the dip using all his funds and lateron market dip further with his funds in .so such individual would not have another reserved funds to buy again because he or she has already go all in with Their fund's (using lump-summing). That why sometime most investors prefer spreading their money when purchasing the dip.
I believe as investors, we all have our different investment strategies that we have adopted and it's been working well for us, personally, I use DCA strategy but not all the time, DCA is only good when we are in a fall blown bear market when we are very sure that after we've bought a coin, the price of that coin has a high potential to keep going down, in such times, we reserve funds to keep buying more and more as it continues to drop.
Maybe most people know that the buying dip will give us a good profit in the future. All we need is to know when it's the right time to buy deep into a coin. Maybe later on we will have to wait and wait, and then when it suddenly became bullish and we still thought that it would go down, it went up gradually, and we were left behind.I am one of the victim in this kind of scenario to be honest but right now I learned that DCA is the best thing to do whatever trend is available it's not gonna hurt that much if it flips on the other way as long as DCA is consistent. Buying the deepest tip of the dip is very hard to pinpoint.
So we must know how to properly execute the buy dip that we are talking about in this discussion. The question is, how do we know if a coin is in a dip?
always waiting for the dip doesn't end well most time because we can't actually time the market, so instead is better to use DCA to accumulate at different price interval, even during the dip. To avoid any form of missing out, that how alot of people miss the opportunity to purchase Bitcoin when the price was still low back then because they kept on waiting for the dip.Maybe most people know that the buying dip will give us a good profit in the future. All we need is to know when it's the right time to buy deep into a coin. Maybe later on we will have to wait and wait, and then when it suddenly became bullish and we still thought that it would go down, it went up gradually, and we were left behind.I am one of the victim in this kind of scenario to be honest but right now I learned that DCA is the best thing to do whatever trend is available it's not gonna hurt that much if it flips on the other way as long as DCA is consistent. Buying the deepest tip of the dip is very hard to pinpoint.
So we must know how to properly execute the buy dip that we are talking about in this discussion. The question is, how do we know if a coin is in a dip?
Firstly, you should not regret it, if only because nothing can be changed. The fact that you left an additional amount for additional purchase in case of a fall is correct. It is not a fact that it will not be needed next time.I don’t agree with the fact that in the current situation you can buy with all your money; not a single investor will put all their eggs in one basket. Everything can go according to an unplanned scenario at any moment.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, sorry but I find your post in-complete, if you must tell me not to use all my funds to buy or invest in my favorite crypto when there is a dip like this, then you must also tell me the reason why doing so (which is, investing all my funds) is a bad idea.
I believe as investors, we all have our different investment strategies that we have adopted and it's been working well for us, personally, I use DCA strategy but not all the time, DCA is only good when we are in a fall blown bear market when we are very sure that after we've bought a coin, the price of that coin has a high potential to keep going down, in such times, we reserve funds to keep buying more and more as it continues to drop.
But for this season we are in, DCA (for me) isn't the best strategy to use, if you are going to invest in a coin, buy it all at once when you have the opportunity, because buying with a small amount, and waiting for the price to go down even the more before you buy again, simply means that you may end up buying that coin again at a higher price, or miss out on gains.
I bought a coin last night, and actually reserved some funds to buy again this morning if the price has dipped again or remained the same, but unfortunately, I woke up this morning to an over 34% increase in the price of the coin, and now, I regret not spending all the money on it when I had the opportunity of buying low.
Everyone knows this but the truth is that some investor are still shy of buying during this period and that's why they fail to do the most important thing when it comes to investment in the crypto space which is doing or knowing the right time to buy. The skepticism that investor harbor during the the bear season is something else and but the minute they start seeing coins pump, the rush to have the coins become more vigorous.I am also interested in buying coins at Dip prices but I don't know when the coin price will become Dip because I am not a psychic.You need to learn 4 years cycle of bearish-bullish to know when the best time to buy at the dip. If you bought the coins in 2022, it means you buy at the dip because it was the time of most coins have very cheap prices. Most of them were -85% or even -90%. Sure, it was the safest time to buy coins. However, it was also not bad if you bought in 2023. But we must be careful when we buy in this year and the next year. Always remember that the best time to buy is in the bearish season.
Or maybe I can buy coins during the Dip when the coins are minus up to -85%. And I find coin drops like this very rarely.
This is probably the safest point to buy coins because at least if it is -85% it just rises slightly to -65% which means you have made a profit of 20%.