Bitcoin: Buy now or wait for another big dip?

Wire

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Well if I invest at a lower price I get a higher return. I want my investment to multiply by 10 in 5 years hopefully.
As I said, no one can predict the bottom point. For sure, 5 years is a good period of time. You will definitely get good returns. I suggest you invest a total sum of money in small increments instead of going all at once. In that way, you can take advantage of the bear market.
 

Rowdy Devil

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Well if I invest at a lower price I get a higher return. I want my investment to multiply by 10 in 5 years hopefully.
the reality is no one can predict the market so its wise to invest a small amount when u see good discount like now.. but not the whole amount
 

MisterF

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As I said, no one can predict the bottom point. For sure, 5 years is a good period of time. You will definitely get good returns. I suggest you invest a total sum of money in small increments instead of going all at once. In that way, you can take advantage of the bear market.

Slow and steady with what you can afford is better than piling in then watching the market move against you.
 

Spats

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I'd just DCA into it. It's impossible to time the bottom.

I don't really see it dropping below ~$20k.
 

TooCorny

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The key to this is doing DCA every week / Month.

Dollar cost averaging has been proven to work best instead on gambling with your money investing it all at once. Right now is the best moment to start adding some $$$ every week to your portfolio
 

Pixelgram

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I think bitcoin has corrected enough for now. The only way I see is it going up.
 

DarynaZh

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I would rather wait for a month, guess it will drop again.
 

smmstore007

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This is a good time for me to buy bitcoins. If you keep waiting for the right dip, you could miss out on a good opportunity.
 

paisawaisa

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It is always good time to buy bitcoin. But only for those who have patience to hold in bear market.
 

msaqib_301

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So I don't have any experience investing in cryptocurrencies. I was always skeptical of them.

Back in I think 2014 or 2016, I remember buying a couple bitcoins when they were $400 each. I've been kicking myself for not taking bitcoin seriously all these years.

I want to buy a large amount in bitcoin and hold on to it for 5 to 10 years.

Is now a good time to buy, or do you expect another big dip that is worth waiting for? Some analysts are predicting a crypto winter and that price could drop as low as $14K
I think bitcoin maybe finds bottom around 18-22K depending on macro , but things looks really and demand around 14K is really high it will bought with in minutes .
 

DeadShot

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Guys just take this chance and buy some while it’s still low.
Halving comes in 2024, after that it will rise to all time high for sure. You’ll make a good profit. Maybe ATH it comes even earlier then that.

Sure, it may drop to about 20k, you can never know for sure what will happen. But I would just take this opportunity and invest some cut now.
 
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