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Topic: Best time for me to buy - page 12. (Read 6608 times)

hero member
Activity: 2996
Merit: 609
October 08, 2022, 05:09:04 PM
If we have a plan to be an instant rich person, the best and fastest thing we can do is buy bitcoin, if you have assets such as property, gold or others then I suggest selling and using to buy bitcoin, I have friends who sell houses worth $ 100K to buy bitcoin a few days ago, he has a vision for a long -term hold.
Indeed, investing in bitcoin can make someone rich as long as you have basic knowledge of investing, finance, and fundamental analysis techniques. But to become a rich person after holding bitcoin in the long term is a difficult thing to do if you can't manage emotions. Therefore, investing in bitcoin or altcoins is highly expected not to panic so that the profit target you want to get can be achieved.
Not anymore because if you do look upon into its price then it would be giving at least 2x-5x into its price and being rich is something that would really be depending on how much you had invested.

Not like into those days where the price is still cheap where you could really make yourself that able to make profits for how many folds but not on these years.

Im not really that bitter on possible profit you could really make on Bitcoin and this is why people do really make out some option on touching up altcoins
or even those low caps.
hero member
Activity: 2338
Merit: 737
October 08, 2022, 07:54:06 AM
If we have a plan to be an instant rich person, the best and fastest thing we can do is buy bitcoin, if you have assets such as property, gold or others then I suggest selling and using to buy bitcoin, I have friends who sell houses worth $ 100K to buy bitcoin a few days ago, he has a vision for a long -term hold.
I think your suggestion needs to be clarified again so that it is easier for everyone to understand and no one will misunderstand. Because basically to become an instant rich person is not easy even though you and your friends have already bought Bitcoin at this time with the money from selling the house.

And in my opinion, the decision made by your friend is a bit ridiculous, even though it is solely to buy Bitcoin. But such a decision doesn't seem wise enough in my opinion, because buying Bitcoin doesn't have to be selling a house or other valuable asset that we already have. Because Bitcoin can still be bought in a very small size or according to the abilities possessed by everyone without having to sacrifice a house as a place to live in this world. Unless your friend has more houses in this world.



Indeed, investing in bitcoin can make someone rich as long as you have basic knowledge of investing, finance, and fundamental analysis techniques. But to become a rich person after holding bitcoin in the long term is a difficult thing to do if you can't manage emotions. Therefore, investing in bitcoin or altcoins is highly expected not to panic so that the profit target you want to get can be achieved.
It is better to invest according to their respective abilities than to have to force yourself to invest by selling a house or other asset that also has value. Although long-term investment into Bitcoin is something that is often suggested by many people. But investing also doesn't need to sacrifice more existing assets if there are other ways that can be taken properly and wisely.
full member
Activity: 1189
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October 08, 2022, 06:43:13 AM
If we have a plan to be an instant rich person, the best and fastest thing we can do is buy bitcoin, if you have assets such as property, gold or others then I suggest selling and using to buy bitcoin, I have friends who sell houses worth $ 100K to buy bitcoin a few days ago, he has a vision for a long -term hold.
Indeed, investing in bitcoin can make someone rich as long as you have basic knowledge of investing, finance, and fundamental analysis techniques. But to become a rich person after holding bitcoin in the long term is a difficult thing to do if you can't manage emotions. Therefore, investing in bitcoin or altcoins is highly expected not to panic so that the profit target you want to get can be achieved.
member
Activity: 310
Merit: 10
October 07, 2022, 05:49:06 AM
If we have a target for big profit in the short or long term, now it is the best time to buy, do not wait for prices to fall again because according to the prediction of many experts that the price of $ 19K is the lowest price that is difficult to go down again.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
October 05, 2022, 09:33:41 AM
Despite no serious bull in the market for sometime,  I am thinking to buy more because the price at which bitcoin is right now I can be able to afford it. I planned buying when the price was at 40$ , the amount of bitcoin I planned to buy is a small quantity which if the market eventually go dip i may lost 30% of it. But now I feel even if I buy and it goes dip it wont go dipper the way the price is now.  What do you think about my plan?
It will really be a big regret in your life. Because it is no longer possible to go back to the state of Bitcoin when you were trying to make purchase. But I think maybe could not hold that position but have to grab the current price of bitcoin. If you fail here too, you will regret this time again. So you can buy and hold Bitcoin as much as you can without delaying your decision. In this case, if you wait for the dip again, if it doesn't, you will be more worried about your plane.
member
Activity: 728
Merit: 48
October 05, 2022, 09:27:15 AM
As at the time this thread was created Bitcoin price and the orice of most coins in the market then was on a bull run with price around 50 to 40k which was not a good price to buy, but at the moment Bitcoin is still below the 25k level which make it the best time to buy since the bull market is about to begin.
Bull market will indeed exist again, but I don't think it will happen anytime soon because of the Bitcoin price movement in the last month and this month I see it is still above $20K and below $25K. So I doubt that the Bull market will start soon because for me there is no sign for the Bull market at this time or in the near future. So buy Bitcoin now before it's too late or before the next bull happens
Maybe fundamentally there is still a lot of bad news circulating so it is difficult for a Bull Run to happen in the near future. Moreover, seeing the decline in bitcoin prices which tends to be bearish, it is possible that the bitcoin bearish phase will continue until the end of this year. Apart from that, the bitcoin price is currently trading in the $20k-$19k range and the area near $25k seems hard to reach in the near term. So, to indicate bitcoin may have another bull run, then the next resistance area is above $26k which is a key area.
legendary
Activity: 2996
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Leading Crypto Sports Betting & Casino Platform
October 05, 2022, 06:35:21 AM
If we want a big profit in the long run or at least 2 years then I suggest to buy Bitcoin, the current price is around $ 19K and is a good offer to buy in large quantities, I'm sure the Bitcoin trend will soon improve and can reach $ 100K in 2 or 3 years.

If you have a decent amount of money to invest, Bitcoin and ETH are good for long-term assets to hold. The current value is already pricy but to those who can be buy a whole coin the chance of doubling you or maybe earning more is really possible, you need to focus on dealing with doing research though before you invest your money. There are many available coins that are still cheap and if you are lucky, when the pump takes place, you'll be able to make huge benefits.

The best time is relying on how you anticipate the market run. There's always a perfect for those who seek it the right way.
full member
Activity: 1119
Merit: 206
Next Generation Web3 Casino
October 05, 2022, 06:03:22 AM
To determine when is the best time to buy bitcoin or cryptocurrency depends on you. If you are the type of long-term investor, then you can buy anytime when the bitcoin price is down and you can hold it until the bitcoin price soars to be resold.
If we think about November, it is right time to enter market to fill our portfolio because most of the time, market goes up in November. Price isn't so high to buy and it is a golden opportunity for us to get good return on our investment.
No one knows for sure if November this year the crypto market will be better and the price of bitcoin and altcoins will continue to increase in price. Moreover, from the end of last year until now the price of bitcoin has decreased very deeply from the ATH level last year. But if you are the type of long-term investor, then you can take advantage of the current price drop to buy and hold in your wallet. Because I'm sure that next year the price of bitcoin will increase again, it's even possible that we will see new ATH again later.
full member
Activity: 1119
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Next Generation Web3 Casino
October 04, 2022, 07:10:03 AM
To determine when is the best time to buy bitcoin or cryptocurrency depends on you. If you are the type of long-term investor, then you can buy anytime when the bitcoin price is down and you can hold it until the bitcoin price soars to be resold.

Correct, but the timing is already needed, specially if you can buy at a very low price, i.e $17,500 or other previous bear market lowest low like $3k in 2020 and just hold and not selling anything at least in the last bull run.

And for others who may have sold then, rinse and repeat, sold at a high price and then re-enter when the market crashes. The most important thing is that you have the mental fortitude to remain calm during market market and not panic. It might take a lot of patience in your end to do that.
Of course, in the face of crypto market turmoil, we must not panic and need patience because if we are emotional, we will experience losses. When the bitcoin price dropped to the $18k area a few months ago and people who had bought at that price at least now have made a profit if they sold it because currently, the bitcoin price is in the $20k price range.
full member
Activity: 2548
Merit: 217
October 03, 2022, 08:56:53 PM
We break above weekly average on BTC today, its failed to do so on every other attempt previously in the last few weeks.    Holding a good average like that can lead to gains reversing prior loss, even if only short term that can amount to as much as a 20% gain very nice trade for most assets and worth watching.
   I think 19.2k trading above and holding this for the next 24hr into close of the week should lead to out size gains over the usual back and forth.
As you've predicted the price made a good move above 19.2k, and the following day the price went high around $20300 which is a good move. The market is still around $19.5k which seems to be fair. For now we're heading towards the month end. So, how the market gonna turn??
this same as my concern as we are mostly having a good record when October comes so basically I am also expecting the same now but I wanted to be ready as well if the market turns side turn because we don't know what to come as the market and the world economy is really into something deeper in our days now.
but still hoping to see a  good jump this coming last quarter as we have enough of dumping this 2022.
I never have a special target at the price I will buy, as long as I think there is an opportunity for profit and I have money so I immediately buy, I usually turn from Altcoin to Bitcoin and if the price of Bitcoin looks going down then I immediately switch to stable coins stable .
whenever we have funds to risk then that is the best time to buy , no matter how much the capital what is important is how much we can earn.
legendary
Activity: 2184
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October 03, 2022, 09:05:54 AM
If we want a big profit in the long run or at least 2 years then I suggest to buy Bitcoin, the current price is around $ 19K and is a good offer to buy in large quantities, I'm sure the Bitcoin trend will soon improve and can reach $ 100K in 2 or 3 years.

Compared to the price that OP mentioned and maybe he bought it, the price right now is really too good to buy. If anyone hasn't bought bitcoin yet or still has money, I recommend everyone to start buying now, don't wait for a better price. This may not be the final bottom but I can say we are near the bottom.

Many people predict bitcoin will rise and reach new ATH after halving means about 2 years as you say and maybe bitcoin won't rush to rise for about 2 years but there's no guarantee bitcoin will fall further so take a chance. Sometimes the cryptocurrency market always gives us surprises.
member
Activity: 569
Merit: 10
October 03, 2022, 08:40:58 AM
I never have a special target at the price I will buy, as long as I think there is an opportunity for profit and I have money so I immediately buy, I usually turn from Altcoin to Bitcoin and if the price of Bitcoin looks going down then I immediately switch to stable coins stable .
sr. member
Activity: 1344
Merit: 311
October 02, 2022, 04:06:47 PM
If we want a big profit in the long run or at least 2 years then I suggest to buy Bitcoin, the current price is around $ 19K and is a good offer to buy in large quantities, I'm sure the Bitcoin trend will soon improve and can reach $ 100K in 2 or 3 years.
Who can estimate Bitcoin price in detail. If we refer to what the OP said, of course the current price is much better to buy compared to what the OP is talking about. But time has passed in a few months, so we conclude that today is not necessarily the best for the future, and not necessarily worse.
sr. member
Activity: 1372
Merit: 252
September 30, 2022, 11:59:12 AM
Despite no serious bull in the market for sometime,  I am thinking to buy more because the price at which bitcoin is right now I can be able to afford it. I planned buying when the price was at 40$ , the amount of bitcoin I planned to buy is a small quantity which if the market eventually go dip i may lost 30% of it. But now I feel even if I buy and it goes dip it wont go dipper the way the price is now.  What do you think about my plan?
If you buy bitcoins when the price is at $40k, maybe your plan is not wise considering the current market conditions where the bitcoin price has decreased significantly and currently the bitcoin price is in the $20k price range which means you lose almost 50% of it. When the price of bitcoin drops like it is today all you need to do is hold it and wait for the price to move back up then you can sell it so you don't lose.
In a situation like this selling will be at big lose, what is supposed to be done is to hodl no point to sell it. Sometimes  in cases like this people sell their bitcoins at lose and the same person will still want buy bitcoin in the dip, why not just hodl the one that was lost due to the bear market to recover it when the market increase.
People who sell bitcoin during a bear market usually tend to panic and fear that the price will not rise again. Whereas if they understand the crypto market they are not affected when the market situation weakens. precisely in conditions of falling prices, traders usually wait until a reversal point appears. Well, that's when traders start buying again and holding it long term.
smart traders will certainly buy at the bottom price, especially if you see the current price of Bitcoin has also fallen -75% from its ATH last year,
of course I think this is a bottom, from my experience more people want bitcoin to fall even deeper or lower, to $10k for example,
then whales really makes everyone regret it. So don't let you regret. Follow the Whales.
full member
Activity: 1189
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September 30, 2022, 06:22:53 AM
Despite no serious bull in the market for sometime,  I am thinking to buy more because the price at which bitcoin is right now I can be able to afford it. I planned buying when the price was at 40$ , the amount of bitcoin I planned to buy is a small quantity which if the market eventually go dip i may lost 30% of it. But now I feel even if I buy and it goes dip it wont go dipper the way the price is now.  What do you think about my plan?
If you buy bitcoins when the price is at $40k, maybe your plan is not wise considering the current market conditions where the bitcoin price has decreased significantly and currently the bitcoin price is in the $20k price range which means you lose almost 50% of it. When the price of bitcoin drops like it is today all you need to do is hold it and wait for the price to move back up then you can sell it so you don't lose.
In a situation like this selling will be at big lose, what is supposed to be done is to hodl no point to sell it. Sometimes  in cases like this people sell their bitcoins at lose and the same person will still want buy bitcoin in the dip, why not just hodl the one that was lost due to the bear market to recover it when the market increase.
People who sell bitcoin during a bear market usually tend to panic and fear that the price will not rise again. Whereas if they understand the crypto market they are not affected when the market situation weakens. precisely in conditions of falling prices, traders usually wait until a reversal point appears. Well, that's when traders start buying again and holding it long term.
legendary
Activity: 2394
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Smart is not enough, there must be skills
September 30, 2022, 02:27:34 AM
The market is still bearish, when the price of bitcoin reaches the peak at the end of 2021 many people hope to buy at a low price, and now the time comes, if we don't buy immediately then we can be sure that the price will rise again and we will say the same thing.
Before you say the same thing in the future or when the price of Bitcoin is higher than now, then try to buy as much as you can because it is a good investment in the life of everyone who is familiar with Bitcoin thoroughly.

I also agree with you that now is the time to buy and then hold until you find the desired price, because an increase in the price of Bitcoin is not an impossible thing to happen and it has been proven in the past as well as in previous years.
People with doubts he will never dare to buy when the price is low because of fear and panic about the bad things to come, but when the price goes up he will not be able to buy because the price is too high and expect low prices and continue to buy time without knowing when to buy, so a person with a lot of doubts will never advance in his investment.

It's clear to me that this is the right time to buy as much Bitcoin as you can while you can, let the bad news be an opportunity to earn Bitcoin by buying the average, the rest we can hold on to long term and we will return to the previous bullrun.
legendary
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September 29, 2022, 08:10:06 PM
The market is still bearish, when the price of bitcoin reaches the peak at the end of 2021 many people hope to buy at a low price, and now the time comes, if we don't buy immediately then we can be sure that the price will rise again and we will say the same thing.
Before you say the same thing in the future or when the price of Bitcoin is higher than now, then try to buy as much as you can because it is a good investment in the life of everyone who is familiar with Bitcoin thoroughly.

I also agree with you that now is the time to buy and then hold until you find the desired price, because an increase in the price of Bitcoin is not an impossible thing to happen and it has been proven in the past as well as in previous years.
legendary
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September 29, 2022, 06:47:02 PM
We break above weekly average on BTC today, its failed to do so on every other attempt previously in the last few weeks.    Holding a good average like that can lead to gains reversing prior loss, even if only short term that can amount to as much as a 20% gain very nice trade for most assets and worth watching.
   I think 19.2k trading above and holding this for the next 24hr into close of the week should lead to out size gains over the usual back and forth.
As you've predicted the price made a good move above 19.2k, and the following day the price went high around $20300 which is a good move. The market is still around $19.5k which seems to be fair. For now we're heading towards the month end. So, how the market gonna turn??
sr. member
Activity: 2604
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September 28, 2022, 04:38:39 PM
When price pressure occurs, it will make many people panic, but intelligent investors and understand the work of cryptocurrencies then this is a golden opportunity to buy at a low price, I'm sure the October market will rise again and can reach at least $ 30k.
Many are saying there will be good bitcoin movement in October, but at the moment I only see a negative situation. Of course October has 31 days and there is no telling when growth, if any, will occur. But if you think carefully, there is a permanent downtrend in bitcoin price since the beginning of the year. So I wouldn't have high hopes for October. I am more likely to see a real rise in a few years, but now is a really good time to buy if you can wait.
Obviously, because we are currently in September, that is why the price is not yet recovering but wait till we get to October. Maybe there are really big surprises that will happen on this month because as we can see, so many people are positive about it. You are right that there are 31 days on this month but usually, most months only have 30 days on them. That additional 1 day in October can already go a long way. Maybe the price will increase up to that last day or it can make a recovery if ever there are declines that will be experienced in the 30th day.

You know, it's always better to start a new month with a positive price as it will be carried out throughout the month. Same when we begin the year with a positive price.
Normal for people to be always looking forward or on further months to come on which we do keep on speculating on what would be the price would be.Its true that buying point would be entirely be depending on

someones preference and decision because we do have different inputs and views on certain market condition.Usually we would really be buying on possible bottom but there are people who are really that

patient and do really sustain out the temptation on buying considering that they are really still waiting for more declines or drop out on price but well its always been a risk to take
whenever you do make out some choices.
STT
legendary
Activity: 4060
Merit: 1448
September 26, 2022, 05:01:42 PM
We break above weekly average on BTC today, its failed to do so on every other attempt previously in the last few weeks.    Holding a good average like that can lead to gains reversing prior loss, even if only short term that can amount to as much as a 20% gain very nice trade for most assets and worth watching.
   I think 19.2k trading above and holding this for the next 24hr into close of the week should lead to out size gains over the usual back and forth.
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