will btc take another dip this year or next?

Hey everyone, I'm new around here, name's cryptokidBTC. Just started investing and I’m in my 20s. When BTC was low and starting to rise, I wasn’t really aware of it and couldn’t buy any. After a couple of years of knowing about BTC, I regret not getting in sooner, but I finally took the plunge, even though the timing isn’t ideal. I'm really interested in what you all think regarding whether BTC will drop again in the next couple of years. I’m considering putting a solid chunk of my income into BTC savings, but I'm hesitant since it's sitting at a nice 200k NZD. Should I go for it now or wait to see if it might dip again before going back up?

No one knows what will happen to Bitcoin in the next year or so; we are not fortune tellers here to know what the exact price of BTC will be after a year or 2 years. What we can only do is to give you some a bit of analysis or a prediction. About the price of Bitcoin, we can't control the market if it will surge or drop in incoming years, but if you know the cycle and historical data of BTC, you should notice that the BTC price keeps rising. It's up to us if we can hold BTC for a long period of time; every 4 to 5 years we should see a new all-time high based on the historical data. Read this: Bitcoin Prices and value history If you have a short-term perspective and you've already made some profit, why not withdraw some portion just not to miss the opportunity to take a profit while in an uptrend?

I think we'll know within 48 hours.   The US/Canada extension expires August 1, and our leader has no intention of signing a deal that is only good for the US.    Unless Trump chickens out, you are going to lose your massive automobile sector in Detroit.   Not due to our actions, but Trump's tax increases via tariffs to pay for his personal affairs.  (New 747, golf courses etc.)    Would you rather pay $10KUSD more for a Chrysler/Dodge, or $10KUSD total for a reliable electric BYD car?  You may not have the choice - but Canadians will.   If you feel Trump will extend the deadline, you can expect btc to rise.   If you feel the tariffs will take effect, sell some now and buy when it stabilizes.

If you're worried about buying Bitcoin when the price is rising, developing a DCA strategy is also a good idea to allocate your capital appropriately when making purchases. When looking to buy at a low price, the question is how much capital you have and how prepared you are. The price will inevitably experience dips and rises, but anticipating such a low drop is likely difficult. Creating a buying strategy using DCA is also beneficial because it allows you to invest consistently without worrying about the price, and you can prepare capital to make large purchases during periods of Bitcoin decline, thus creating two directions in the investment steps undertaken.

appreciate all the info, i have another subject to ask, i currently use rampnetwork (previously through exodus wallet but now i go straight to rampnetworks website) to get btc as its easy but i find i lose an unforgiving amount from fees, are there are other easy ways to go through purchasing btc?

I'm looking to get a bit of btc with my weekly pay or buy monthly with weekly saving and constantly stash btc away in a wallet for 20years + hopefully be able to buy a house with it at some point I have no doubt btc is just gonna go up from now, so I'm under the perspective btc under 1mil is btc on clearance, and I have to horde it

Observe the chart and find out the time range for bullish and bearish cycle. There are people out there who don't believe that bearish cycle can still happen with the presence of ETF and so on but personally I think bearish cycle will still happen but with diminished pullback, basically the dumping won't be that huge. You can do DCA if you're so concerned, honestly can't go wrong with DCA, if you decide to go all in the result is always whether you gonna make a big profit or a big lose but this lose is just an illusion if you don't realize the PnL. My recommendation is DCA until you understand about the market and what direction its gonna take, then you can rethink your decision. Have you tried tier 1 cex with good reputation like coinbase or binance? they usually provide easy way to buy bitcoin, sort of instant buy.

The decline in what you expect because the market travel process, especially for Bitcoin, will always be in a condition of increase and decline. You can make adjustments to this condition and if the investment is lived as a long -term step then you can buy using several methods. The concept is simple because Bitcoin is one of the best assets that have ever existed so that storing for the long term is a pretty ideal choice. If the perspective of short -term patterns that you apply, then take a little profit in a certain amount and then re -invest the benefits in the condition of Bitcoin experience a good correction. But most people prefer long -term patterns in investment in Bitcoin because the profits may be far more optimal.

Since you have been learning about BTC for 2-1 years and are currently thinking about doing something with BTC, I will tell you that you are going in the right direction. Because you have tried to learn about BTC and could not invest, I am expressing regret here. If you have known about Bitcoin for 2-1 years, you should not delay investing in Bitcoin. The real power of Bitcoin is time and patience. If you can combine these two things, then you will definitely get something good. You do not need to worry about whether it is 200k NZD or 500k NZD. If you want, you can start investing by maintaining the DCA method. If you invest by maintaining the DCA, no matter where the price goes, everything will be fine, according to your consistency. In my personal opinion, you should move towards investing in Bitcoin.

If you're so concerned about the drop then you should wait for dips, there is no use in being in hurry anyway. Investment should be made wisely, spend more time learning about bitcoin and wait for the dips, the disadvantage will be missing the rally but its better than losing the money if you're so concerned about the drawdown. From my experience there's always dips to get in.

Anytime you start investing in Bitcoin is never a wrong time, although the best time would have been the time you knew about it and the next best time is now. 2+ years is such a short time to expect significant profits on your investment, I will suggest you plan 10+ years, that is guaranteed that you will see significant profits based on past data, although past data does not guarantee future results. To make things much easier and better for you, don't invest money you cannot leave in Bitcoin for the duration of 10+ years. You can calculate what part of your income will you be able to dump in Bitcoin for 10+ years, and not be worried or eager to cash out. You can even set a target in the quantity of Bitcoin you would want to hold within that 10+ years, that will also guide and motivate you the more. I wish you good luck and congratulations on joining those taking their future seriously.

Bitcoin is unpredictable and anything can happen, no one can predict the movement of bitcoin in the short and medium term. But one thing I can tell you is bitcoin will not disappoint you if you intend to invest in it and hold it for the long term (4 years or more). Since Bitcoin is a scarce asset and demand is increasing, its value will tend to increase over time. Therefore, long-term investment in bitcoin is always recommended and considered the best strategy. If you plan to invest for the long term and want to make investing easier, you should also learn more about the DCA strategy, DCA +holding. This combination will not necessarily make you rich as it depends on your capital but I can guarantee that it will give you a significant return.

It’s better to get started investing in bitcoin the moment you’re able to figure out your discretionary income instead of waiting to buy in the dip which might not occur so soon and you end up not doing anything. That time you’re waiting to buy the dip would have been used to accumulate a reasonable amount of bitcoin stash and gradually build up your portfolio. And for an investor whose initial strategy is focused on the long term goal of accumulating and holding and not just for a quick profit, I think is advisable not to wait any longer for dips to occur before you accumulate bitcoin, using the DCA method of accumulation bitcoin can help to gradually buy bitcoin with just your available discretionary income no matter what the market price is.

If you want to invest in Bitcoin, then of course you can, but Bitcoin investment should be for at least a decade. It is most suitable for you to invest in Bitcoin for the long term, you can follow the DCA method. If you invest in Bitcoin for two years, then I am not sure whether there can be profit or loss here. Because there is no guarantee that you will be profitable by investing in Bitcoin for a short period of time, but if you start investing in Bitcoin for a long term, then there is definitely a guarantee of profit. So in this case, you can follow the DCA method, you only buy Bitcoin weekly and continue like this for a long time, you will definitely be profitable.

What you need is just to start buying Bitcoin at local exchanges and send it to your wallet. If you think the fees are high, you can hodl Bitcoin amount temporarily in exchanges. It is important to select the right exchanges so you will not have a problem. You can invest in Bitcoin weekly or monthly, which will not be a problem. All things need to be adjusted with your financial situation especially your daily needs. You should allocate some amount to invest in Bitcoin while you have the other portion to fill your daily needs. If your target is 20 years+, you should consistently buy Bitcoin weekly or monthly and hodl it. Besides that, you should avoid panicking because of the fluctuating Bitcoin price. The fluctuating price will always happen so you must know how to manage your mind.

1-2 years of experience with Bitcoin is a long time, and you should be familiar with and understand Bitcoin well, so you should know the answers to any questions you might have. I also suspect you know that taking a long-term approach to Bitcoin is the best option. This means knowing the Bitcoin price when you want to buy it shouldn't be a problem, and I also suspect you're very familiar with the DCA method. And 1-2 years isn't a short time to get to know Bitcoin, and it's a long time to truly master it. And I also suspect you know its track record, because that will motivate you to take a long-term approach. Whatever the price is when you want to buy, it won't be a deterrent because you know that in the long run, it will generate substantial profits, and dips will always occur, providing a good opportunity to accumulate more Bitcoin. So, your question is uncertain because it's difficult to predict the future of Bitcoin, and anything can happen unexpectedly and we never know in advance. So, the best answer for you is to approach Bitcoin with a long-term perspective, without a time limit, because that's the only way you can profit. And if my guess is wrong, at least what I mentioned can be a good answer for you.

But the problem for newbies, if they are worried about the price going down and don't have the courage to invest now, will they have the courage to buy in when bitcoin corrects or enters a bearish phase? It's true that rushing doesn't help but I think for those who are still worried and don't dare to invest at the current price. That means they are not ready to invest, and if they are not ready, they will be less likely to invest when the price of bitcoin falls. In my experience, because bitcoin is very unpredictable and anything can happen. Therefore, beginners should only invest when they are truly ready and only invest the amount of money they can afford to lose. And it sounds like OP isn't ready.

Bitcoin is a highly volatile cryptocurrency. It is very common for it to be bullish and bearish at times. There is a big difference between the previous price of Bitcoin and the current price and this did not happen in a day. The demand for Bitcoin is increasing, the price is also increasing and its price  also can decrease any time which is normal. Even if it decreases, it will never return to its previous dip according to the previous history. Those who are increasing their Bitcoin portfolio without worrying about this aspect will benefit the most. If Bitcoin's current price is $118,000, it can go down to $100k or more, but if someone expects it to go below $60k at this time, it may no longer be possible. Those who did not buy Bitcoin for $20k are now willing to buy for $100k.

No one will know for sure when Bitcoin will experience a decline. When you start to invest, the doubts you have can sometimes be an obstacle. You should already know that Bitcoin will only provide good profits to you if you hold it in the long term. So there is no problem if you buy now. I understand your intention to get a lower price for buying, but such a strategy should rely on you having a large capital. It's okay if you wait for Bitcoin to drop, that situation will definitely happen. But I am not sure how deep the decline will be and when it will happen.

thank you sir, my favorite reply I've gotten, I feel everyone thinks I'm wanting to buy when it drops, as if I'm expecting it to drop again, I don't expect it to drop, it could, but I'm definitely not relying on it dropping, I'm just mainly curious on what everyone's personal opinion is on what the price may do over the next few years, your not wrong, but I wouldn't say I'm in any rush, I definitely have the courage, I would say I'm 50/50 maybe pushing 60/40 60 being I'm ready 40 being I'm not ready, thanks for your reply