Quote from: JayJuanGee on Today at 01:50:57 AM

Quote from: I_Anime on April 13, 2024, 09:13:41 PM

Quote from: Mate2237 on April 13, 2024, 09:06:04 PM

Bitcoin just came to $62k today and this is one of the time to buy again before the All Time High. And I don't think bitcoin will hit $50k before the halving or within the halving. Many people could not buy recently because of the high price of bitcoin and they were waiting for the price to go down and now the price has gone down and this one of the opportunity to buy and wait for the next dip again. If you are not a whale investor then buying with the DCA to accumulate them. And it is only those who has enough cash can buy them plenty at once.

Always observe the market and make your purchasion.

to be honest am kinda exciting, back then I don't have much knowledge about this space I would have sold my coin due to panicking. But now all I could say is buy the dippppppp Grin

. There's no need to panic, because selling now is never an option just keep buying , and now mempool congested which shows that alot of folks are withdrawing or selling their coins due to panicky. But for me this is just an opportunity to get my self some nice quantities of bitcoin, my reserve funds is in action Cool

For sure, if you know that your timeline is already pretty long.. maybe 10, 15 years or even longer, then you will be glad to be able to buy some cheaper corn, even though you cannot know if it is going to keep dipping for some time, but then your cashflow ONLY comes in so fast too.. so some guys might be buying every week and then maybe even trying to time their weekly buys for the dipping periods during the week, like the one we had today.... and maybe some guys might get mad because they already bought their weekly buys during the dip from $73k to $68k, so then when we get extra dip, then there might not be much if any spare money to buy more dip, unless the dip might last long enough for the next paycheck to come in and maybe the dip will last long enough, and maybe it won't... ..

For me, even though I sometimes get annoyed by newbies cheering for the dip, yet it still makes sense, and it makes more sense the earlier any of us is in our BTC accumulation to be getting excited about BTC price dips, without even necessarily cheering for them. There is just happiness to be able to have the opportunity to build the BTC stack a little bit more (even though maybe it is ONLY 5-10% more.. or maybe if it keeps dipping then we get into 20% or more territories, and so far this dip from the top to the bottom is right around 16.5%, which is not a bad dip.

For me, since I like to call my average costs per BTC as around $1k-ish, it does not make a whole hell of a lot of difference to have BTC in 61x profits versus 73x profits versus potentially 55x profits or maybe 85x profits. Sure, the higher numbers are nice, but I am not as materially affected as guys who are relatively early in their BTC stacking journey and who might be trying to get as much bang for their buck in terms of ongoing accumulation and feeling some bonuses when being able to buy dips.

Quote from: avp2306 on April 13, 2024, 11:08:54 PM

Quote from: Obim34 on April 13, 2024, 09:27:17 PM

Quote from: michellee on April 13, 2024, 10:10:59 AM

Have you bought Bitcoin during the current correction? Or are you still waiting for an even lower price? If you haven't decided yet, don't forget to prepare your money to be able to buy Bitcoin again before the halving or after the halving.

This would be another opportunity to buy Bitcoin at a low price of under $70k. We don't know whether the price will fall further. The important thing is to always be prepared and not forget to activate the alarm so we know when to buy it.

For those who do DCA, you can continue because the price has dropped to $67k this time. We don't know how deep the price drop will be this time. Stay enthusiastic about continuing your investment and allocate your money well.

Everyone of us should be extremely happy to catch this correction, for some days now the fluctuations in the market(specifically Bitcoin) has been on a high level, so for we to experience something like this should not be a very big shock, it may even drop below this $62k value. Assuming it to drop below this price doesn't stop anyone to invest now, all assumed might end up false and would miss this entry price, this should show the advantages of Dcaing, getting very lucky to buy at different prices even lower and lower as we are yet to experience the halving talk more of expecting the massive bull run. We are safe to DCA now even more aggressive than before since we are in the DIP and may not last for too long.

Should be happy if you are a trader and want to catch the dip, but for accumulators maybe there's few joy in their mind since they can accumulate at that rate but for sure this is not will be the case since whatever figures they see in the market they would buy since they are not for short term but rather accumulate their BTC for long term.

But anyways for other who always use the reason about the pump or its stays at certain level like $70k+ at price that's why they afraid to accumulate then this is a good time for them to start their accumulation journey since we already experiencing a good correction now. If people will make another reason that they are again afraid because they think that it will dump more then I guess they are not totally ready so maybe they should start over again then seek for more better knowledge since that feeling indicate that they don't have any strong belief on bitcoin.

Overall, I agree with your point avp2306. For long term investors, they just keep buying BTC, and there might be some folks who are stimulated to get started in BTC because of the dip, but if they are a long term investor, whether there is a dip or not should not make very much difference, even though it can feel a little bit better to try to keep your average cost per BTC down - even though it is probably not going to make as much of a difference to be getting worked up about how much BTC is costing you, versus just ongoingly staying persistent in terms of stacking BTC, so that down the road.. whether it is 4-10 years or longer or some other timeline, there may well be decently good chances, that the amount of stacking is going to end up having some kind of a feeling of a reward - so long as they guy is able to keep his coins and not lose them.. which there might be some mistakes along the way too, but if the stack is mostly building and likely to continue to appreciate in value, there's likely going to be better feelings about the BTC having had provided additional options that would have otherwise not been available.

Quote from: cxtreenal on Today at 12:53:26 AM

Quote from: Obim34 on April 13, 2024, 09:27:17 PM

Quote from: michellee on April 13, 2024, 10:10:59 AM

Have you bought Bitcoin during the current correction? Or are you still waiting for an even lower price? If you haven't decided yet, don't forget to prepare your money to be able to buy Bitcoin again before the halving or after the halving.

This would be another opportunity to buy Bitcoin at a low price of under $70k. We don't know whether the price will fall further. The important thing is to always be prepared and not forget to activate the alarm so we know when to buy it.

For those who do DCA, you can continue because the price has dropped to $67k this time. We don't know how deep the price drop will be this time. Stay enthusiastic about continuing your investment and allocate your money well.

Everyone of us should be extremely happy to catch this correction, for some days now the fluctuations in the market(specifically Bitcoin) has been on a high level, so for we to experience something like this should not be a very big shock, it may even drop below this $62k value. Assuming it to drop below this price doesn't stop anyone to invest now, all assumed might end up false and would miss this entry price, this should show the advantages of Dcaing, getting very lucky to buy at different prices even lower and lower as we are yet to experience the halving talk more of expecting the massive bull run. We are safe to DCA now even more aggressive than before since we are in the DIP and may not last for too long.

Correction and near of halving days are a time to buy dips for Bitcoin investors, though it requires extra attention. The tendency to hold bitcoins during market upswings even adds to your growth with increasing attention to DCA. During this time you may go through mental exam every day and your blood pressure may fluctuate with the price of Bitcoin. Proper use of money and investment is very important. However, it is not uncommon for prices to fluctuate before a bull run. But especially during this time it is important to be aggressive and hold on to the trend of buying dips.

Ultimately, people can do what they like, but there are a lot of things going on that are putting a lot of upwards pressures on the BTC price, so it seems crazy if anyone who is either a low coiner or a no coiner would be either shaken out of his coins or stop buying or even worse sell coins in these kind of times.... so yeah, who knows if the BTC price will correct some more and who knows if there are going to be some folks selling their coins, even those in ETFs, which seems that the ETF holders would be a lot more sticky, especially since they largely have just been entering BTC in recent times, so it would not be very likely that too many of them would be shaken very easily.. but who knows? we have to see the data and anticipate that there still is a lot of ongoing new buying pressures, even though for some reason we are getting some short term selling that might be trying to shake out the weak hands or even scare the newbies from buying as consistently and aggressively as they should be.

I will start by thanking the introducer of this and the moderator particularly, I am new here but I have learn allot with many post and comment over this DCA method of investment and how the strategy work and mostly what interest me most is how they keep updating on the current trending , allot has been learn even in the case of self custodian wallet to store BTC where privacy is more authentic, I stand to be corrected though as newbie need gain knowledge as per on the DCA now the correction is on, if one invest by using the DCA would thou be possible for investor to maintain the amount used as stock when next or one need to increase as the correction is over, where there may be a rise on btc. please bear with me on this as regards this question don't know where to ask this because I see more about the DCA here I need to engage fully on it.