Quote from: Baofeng on Today at 07:52:18 AM

Quote from: JayJuanGee on July 01, 2023, 04:26:22 PM

Quote from: salad daging on July 01, 2023, 04:08:26 PM

Quote from: armanda90 on July 01, 2023, 07:42:21 AM

Possibility or not for Bitcoin return back below $30,000 due halving time almost close, I don't have ideas what have to do right now between reinvesting or sell and buy back later when bitcoin has chance back to lower price.

If in doubt it's your decision now, because we never know where bitcoin will go to the bullish or bear market is still unpredictable, but if you want a lower price then wait.

Yeah.. wait for your lower price (referring to armanda90).

That may or may not end up happening.. then you end up FOMOing in at $50k because you really wanted to buy, but you were too greedy to do it right away.. and you don't even have to buy all of it right away.. but hey people have to make their own decisions, and we have seen a lot of examples historically of guys who were waiting for a lower price an then they become bitter because they failed to buy and they thought for sure that they were right about a lower price was going to happen, and such lower price did not end up happening.

I agree, those who waits might lost the game in the long run. We've heard people here and from other social media outlets how they wanted to buy but they want to get it cheaper. Well in the first place, price has always been cheap for bitcoin specially in a bear market. That's why I will say that there are two sets of individuals here, those who are smart enough to recognized and buy discounted bitcoin anytime, and then there are those who always says they wanted to buy but not doing it because they wanted it to decline more. This kind of opportunity like seeing a lowest low might just come once or twice and if you don't buy that time and keeps on believing that the price will continue to go down, then you lost already. As the saying goes opportunity knocks only once.

At some point we have to look away from the price and just go ahead and buy if you have the funds for a spear, as long as we have a long-term Bitcoin investment plan because even if you consider Bitcoin's current price as high it still will be a low price on the long run most especially when there is a market bull run.
Buying Bitcoin at its current price of 30k+ is not too high because we have institutional investors who still buy at a price higher than this and will still accumulate more without selling a bit even when their few buy prices are already in profits but since their already long term goal which is the most significant.