Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Who says it's too late to buy Bitcoin?
by
Ryu_Ar1
on 17/03/2025, 06:24:19 UTC
⭐ Merited by JayJuanGee (1)
I'm not sure if the current price is a good price to buy. If you understand the pattern of the cycle, you must be aware that we are possible to drop again below $80k. I think the safer area to buy Bitcoin when the price is around $65k - $75k. In my personal analysis, this is the possibility of dip price before the price may increase again gradually in the middle of 2025. Sure, we don't panic because there should be a chance for Bitcoin price increasing again. If we learn the pattern of Bitcoin price chart in 2021, we aren't in the end of bullrun season. There is still enough time for Bitcoin to grow again.



Something like that might be done by some people when we want to try to assume to buy on the dip but something like this will only be 2 possibilities, which can happen and can not.
It's more of a gamble it would be great if it happened but what if something like that doesn't happen? We have even seen in the past few years when bitcoin touched $15k not even a few people who assumed the possibility of buying better at $10k or when bitcoin started to rise to $30k there were a lot of statements saying it would be better to wait for the decline again which in the end the assumption was wrong and not a few people lost their moment in buying bitcoin because they waited too much.

My point for now is that it is not wrong when we want to try to implement other buying schemes such as buy on the dip or lump sump even though but in this case we have to try to see from all sides so that when indeed waiting for a condition that is still not even too certain because it is only based on assumptions then it would be better in the end we try to do as much as we can by buying when we can do it without having to wait for something that is not too certain.