Best time for me to buy - page 16. | Bitcointalksearch.org

CapGelatik

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Quote from: Rockstarguy on May 07, 2022, 03:22:52 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?

what price for $40? are you waiting for the price of Bitcoin at $40?, you really don't think that Bitcoin is currently still above $20000?
to go down to $40 I think it's very impossible, haha I'm completely speechless, or do you mean $40 is your capital? ,
yes if you really want to buy Bitcoin with $ 40 I think you should add capital, because $ 40 is a small capital if you buy Bitcoin

BobK71

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Quote from: Oasisman on June 22, 2022, 04:47:54 AM

Quote from: Wong Gendheng on June 21, 2022, 08:55:31 PM

If we want to profit then following the advice of experts is important, most of what we hear is to buy low and sell high, if now is a low price then the time to buy, after buying then the best thing is to wait for the right time to sell or if we want greater profit, so I suggest for long -term hold.

Well, the problem is, there were a lot of so called experts that has been constantly dropping their own predictions. Following them might sometime cause you losses, coz those experts were also after the profit.

It is natural for beginners to rely on experts. But those who have been in the market for a long time will understand better which projects have more potential. Which one will be better to adopt with the current trend. It should be remembered that experts also predict the future of projects based on assumptions. Last year experts said Bitcoin would rise to $100,000. But that didn't happen anymore, it' natural. So I think it is worth investing in your own research.

salad daging

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Quote from: Lambe Ndumble on August 04, 2022, 04:51:59 AM

As intelligent investors we must always know when to buy or sell, if we never make a target price of buying and selling then we only follow the flow and issue so that we lose, if you look at the current price conditions then the buying option is better than selling, me Sure 1 or 2 more years Bitcoin prices can reach 3x or even 5x from the current price.

So it's called the long term to hold, I don't think it's necessary to be smart because we know holding long term is an opportunity for us to profit better but from all of that nothing is strong enough to hold on longer.

The current price is fairly low because we know from the previous ATH which has decreased by more than 50% which means that if we are able to buy more for the future with a predetermined long term it will be much better at least we will be far from hopeful even though it not sure but seeing the history of bitcoin always rises again, so only optimistic capital we can believe in it.

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Quote from: fuguebtc on August 03, 2022, 11:51:34 PM

Quote from: lepbagong on June 22, 2022, 02:28:49 AM

Quote from: Wong Gendheng on June 21, 2022, 08:55:31 PM

If we want to profit then following the advice of experts is important, most of what we hear is to buy low and sell high, if now is a low price then the time to buy, after buying then the best thing is to wait for the right time to sell or if we want greater profit, so I suggest for long -term hold.

If you really believe that right now is the most appropriate price to buy because it's already low, of course, don't delay, the opportunity will be lost. That's right, my friend, following expert advice is really necessary, especially in current circumstances, where prices are correcting. so buying when the price is low and selling when you feel that the price is worth it enough to sell is a very wise way of thinking.

Experts?, I can tell you that there are no experts in the market, their predictions are no different from ours. There's nothing wrong with buying when it's cheap, but buying according to other people's advice is completely wrong, you can refer to it and do your own research from there to come up with a goal that's right for you. Experts recommend buying bitcoin at 30k and currently bitcoin is trading at 20k. Do you think the experts are doing the right thing?.

It's your responsibilities to assess and analyze I agree that there are no experts they are just experienced traders who also relying to their interpretations of how the market will behave, most on own-assumptions and following some path that the market may run back, but nothing is certain, all are just hoping that they are in the right place when placing their investment, or, if they missed the ride they are just hoping as well that holding for some time will let them be compensated.

Lambe Ndumble

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As intelligent investors we must always know when to buy or sell, if we never make a target price of buying and selling then we only follow the flow and issue so that we lose, if you look at the current price conditions then the buying option is better than selling, me Sure 1 or 2 more years Bitcoin prices can reach 3x or even 5x from the current price.

fuguebtc

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Quote from: lepbagong on June 22, 2022, 02:28:49 AM

Quote from: Wong Gendheng on June 21, 2022, 08:55:31 PM

If we want to profit then following the advice of experts is important, most of what we hear is to buy low and sell high, if now is a low price then the time to buy, after buying then the best thing is to wait for the right time to sell or if we want greater profit, so I suggest for long -term hold.

If you really believe that right now is the most appropriate price to buy because it's already low, of course, don't delay, the opportunity will be lost. That's right, my friend, following expert advice is really necessary, especially in current circumstances, where prices are correcting. so buying when the price is low and selling when you feel that the price is worth it enough to sell is a very wise way of thinking.

Experts?, I can tell you that there are no experts in the market, their predictions are no different from ours. There's nothing wrong with buying when it's cheap, but buying according to other people's advice is completely wrong, you can refer to it and do your own research from there to come up with a goal that's right for you. Experts recommend buying bitcoin at 30k and currently bitcoin is trading at 20k. Do you think the experts are doing the right thing?.

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Quote from: asrinur on August 03, 2022, 06:26:21 AM

Quote from: SirLancelot on June 19, 2022, 03:54:59 PM

Quote from: asrinur on June 19, 2022, 09:05:42 AM

In my opinion, your plan is not good when you buy bitcoin at a price of $40k because currently the price of bitcoin continues to decline where currently bitcoin is trading at a price of $19k-$18k. Whereas if you are a little more patient you have the opportunity to buy at the current price so when the price goes back up to around $40k maybe you can sell it for a 40% profit. But if you buy at $40k maybe you need a long time to sell at a high price because looking at the current state of the crypto market it seems it will take a long time to rebound back to prices above $40k.

That is true, patience will get people to wait and profit in the long run, it is going to take a while but it could happen. People are worried that it may be wrong time to buy right now and it could go down a bit more and maybe it will go down a bit more who knows.

But at the same time, we are talking about something that is obviously not a big deal when the price reaches high levels, if you profit then you profit and there is no need to be greedy in a bear market because you may miss it out. I am not saying that the price will suddenly be 100k tomorrow when you wake up, it won't, but at the same time if you keep on waiting, you will miss out on the bottom eventually.

I agree with you that patience will make people profit. In the current crypto market situation, we should not be hasty in making a decision to buy, reminding that now is not the time to buy bitcoin because the price has the potential to fall further. This is because the crypto market is still in a bear position.

If indeed we are planning to buy Bitcoin in my opinion, it should be done immediately and not delay it. Because we can see the history of
Bitcoin movement, which no matter how deep the Bitcoin price falls will always be able to recover quickly. So when we buy Bitcoin and
the price of Bitcoin falls to a lower price, so what we need to do is just be patient holding the Bitcoins we have until the price goes up again.

Even if we still have capital we can buy Bitcoin every time the price drops lower. Because we will never know what the lowest price of Bitcoin will be,
so instead of regretting delaying buying Bitcoin and it turns out that Bitcoin suddenly pumps, there we missed the opportunity to buy Bitcoin
at low prices. Even though we are still in a bear market, still I recommend buying Bitcoin now, even I buy Bitcoin regularly every month and
no matter what price Bitcoin is at I still buy it with the extra money I have. Because I really believe in the future of Bitcoin, so as long as we
focus on collecting as much Bitcoin as possible, then in the end we can make a big profit from Bitcoin.

arimamib

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Quote from: Rockstarguy on May 07, 2022, 03:22:52 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?

Of course, I fully support your plan.

Buying at a low price and selling when the price is high is a real investment. Bitcoin investment will not always be smooth, there are times when you are tested with the harsh reality. Bitcoin prices that go up and down can make investors hearts often surprised, investors must be prepared for a big storm that can come at any time. You have to make a careful investment plan, when the price is at the specified target, you can put aside greed by making the right decision after the profit has been obtained.

YOSHIE

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Quote from: Rockstarguy on May 07, 2022, 03:22:52 AM

What do you think about my plan?

Many crypto users I know have plans for the future regarding investing in Bitcoin, various speculations and predictions they collect, one of which is like your plan, maybe.

No one knows for sure the direction of Bitcoin, down or up, in fact many people think and speculate that Bitcoin is currently the lowest point, That consideration was based on the new ATH that happened yesterday, although the following day Bitcoin actually plummeted even deeper.

But many people are doing two methods nowadays, if they want to buy Bitcoin.
• They will buy the current half and buy again, if Bitcoin actually drops from its current price.
I mean this.
Example:
You have money in this month $1000, the purpose of buying Bitcoin, so $500 you buy now, $500 more you save, if Bitcoin really goes down even deeper you buy again, this method is definitely done by people who are targeting Bitcoin for the next 2-3 years to break through to the level of $50-100k.

asrinur

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Quote from: SirLancelot on June 19, 2022, 03:54:59 PM

Quote from: asrinur on June 19, 2022, 09:05:42 AM

In my opinion, your plan is not good when you buy bitcoin at a price of $40k because currently the price of bitcoin continues to decline where currently bitcoin is trading at a price of $19k-$18k. Whereas if you are a little more patient you have the opportunity to buy at the current price so when the price goes back up to around $40k maybe you can sell it for a 40% profit. But if you buy at $40k maybe you need a long time to sell at a high price because looking at the current state of the crypto market it seems it will take a long time to rebound back to prices above $40k.

That is true, patience will get people to wait and profit in the long run, it is going to take a while but it could happen. People are worried that it may be wrong time to buy right now and it could go down a bit more and maybe it will go down a bit more who knows.

But at the same time, we are talking about something that is obviously not a big deal when the price reaches high levels, if you profit then you profit and there is no need to be greedy in a bear market because you may miss it out. I am not saying that the price will suddenly be 100k tomorrow when you wake up, it won't, but at the same time if you keep on waiting, you will miss out on the bottom eventually.

I agree with you that patience will make people profit. In the current crypto market situation, we should not be hasty in making a decision to buy, reminding that now is not the time to buy bitcoin because the price has the potential to fall further. This is because the crypto market is still in a bear position.

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Quote from: Masplanc on June 27, 2022, 04:47:52 PM

This is the best time to buy but some people are scared if the market will still go down, but looking at the market for some days now it seems the bearish market is not too serious, though their is no serious bull. I feel we are about entering the bull market, hodling is the way right now.

Investors who are serious and hope profit is the one who can do 2 things, namely buying cheap and selling expensive, when we buy, the first thing we think is the target profit, the price is very fluctuating so that if it has been reached the profit then immediately sell and then wait for the low price to buy , simple things but many people forget.

Slow death

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Quote from: Masplanc on June 27, 2022, 04:47:52 PM

This is the best time to buy

look at the chart:

the price is not able to break the 22000$ and that is not a good thing, we are in a support where it breaks and we fall below 17000$ we will see 10,000$ very quickly, this is not the best time to buy, this is a time for observe and many people who are not buying are right not to do so yet. for now having patience and observing is the best move that common sense people are making

Quote from: Masplanc on June 27, 2022, 04:47:52 PM

but some people are scared if the market will still go down

people are right to be afraid to buy

Quote from: Masplanc on June 27, 2022, 04:47:52 PM

but looking at the market for some days now it seems the bearish market is not too serious, though their is no serious bull. I feel we are about entering the bull market, hodling is the way right now.

It is clear that we are in an extremely dangerous zone, look at the direction of the price, we are not recovering, it is stagnant to see in which direction we will go, if we will fall more or if it will rise. we are still in a dangerous zone

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Quote from: Wong Gendheng on June 21, 2022, 08:55:31 PM

If we want to profit then following the advice of experts is important, most of what we hear is to buy low and sell high, if now is a low price then the time to buy, after buying then the best thing is to wait for the right time to sell or if we want greater profit, so I suggest for long -term hold.

theirs no exaggeration in cryptocurrency industry especially when it's happened to the price acceleration and price decrement, the only factor we can concentrate on the bases of panicking during the depreciates of bitcoin is the time target or factor to sell in order to make huge profit.but from my perspective, the only time you can make maximum profit in cryptocurrency and especially bitcoin is when you hold you coin for longer interval, even though their is existing degradation in price you will still make your preferable profit, because it's obvious that the longer the years of bitcoin higher of it's price and also similar to the decrease of the price

Masplanc

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This is the best time to buy but some people are scared if the market will still go down, but looking at the market for some days now it seems the bearish market is not too serious, though their is no serious bull. I feel we are about entering the bull market, hodling is the way right now.

Rufsilf

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Quote from: Sang Prabu on June 22, 2022, 05:01:06 AM

The thing that distinguishes cryptocurrencies from other types of investments is that there is no late word,

We can't be precise about when to buy, yet it was the situation that could tell us and even encourage us to take the buy option. I'll go checking the market from time to time and it was going to see that the market is moving in an upward position. Nothing we could say it was late but sadly, we miss the chance while it dumps a few days before the surge. It was supposed to be the best entry but we just ignore it citing that there are more dumps to come. Well, this tells us that not all are able to risk, therefore, we can say that no matter what we do, missing the best time to buy/sell is still possible.

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Quote from: fzkto on June 21, 2022, 12:13:33 PM

Quote from: tn211 on June 20, 2022, 06:46:35 AM

I think it will even go lower then 15k, however there are no certainties in this game.
Makes me wondering what will happen with the stock market, because what i've seen btc doesn't seems a hedge like gold, but follows stocks more then gold.

With the current market unrest i think the stock market will lead bitcoin's, and crypto's way...

I also think that now is not the end of the fall and that bitcoin will follow the stock market, but the only thing that confuses me is that bitcoin is now trading below 200 MA, which has usually been the short term. But maybe the global crisis will affect the usual pattern of bitcoin price behaviour.

Likewise because as I observed, there is still that small decrease right after a small increase or vice versa but we know that the fall is ending once the increase will only continue and won't be followed by a decrease for a long period of time. They say that stock and other markets are also in the same dump situation but I don't think btc follows them because they aren't the same.

It's just that the world is now in a global crisis and its effect is being shared everywhere. I just hope that this crisis will end soon so that all of the markets can now experience a relief as they have been suffering on this condition for a long time now.

Sang Prabu

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The thing that distinguishes cryptocurrencies from other types of investments is that there is no late word, if we haven't started it then now is a good time to buy, I'm sure cryptocurrencies immediately great again so that by buying now we immediately count profit if prices rise.

Oasisman

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Quote from: Wong Gendheng on June 21, 2022, 08:55:31 PM

If we want to profit then following the advice of experts is important, most of what we hear is to buy low and sell high, if now is a low price then the time to buy, after buying then the best thing is to wait for the right time to sell or if we want greater profit, so I suggest for long -term hold.

Well, the problem is, there were a lot of so called experts that has been constantly dropping their own predictions. Following them might sometime cause you losses, coz those experts were also after the profit.
If you're in crypto space for quite some time already, like 5 or so years, that would be enough for you to know when to buy and when to sell. And yeah long term profit is the best thing to do with your Bitcoin, especially when you don't know or risk your asset in a short term trading.

fzkto

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Quote from: OgNasty on June 21, 2022, 05:27:45 PM

Quote from: fzkto on June 21, 2022, 12:13:33 PM

I also think that now is not the end of the fall and that bitcoin will follow the stock market, but the only thing that confuses me is that bitcoin is now trading below 200 MA, which has usually been the short term. But maybe the global crisis will affect the usual pattern of bitcoin price behaviour.

I'm sure the global crisis will effect Bitcoin. We're already seeing it with some companies having difficulty raising funds to meet their liquidity needs. If things continue to get worse and a global recession takes hold like many think it will, we could see massive downward pressure on Bitcoin. Everything is temporary though. This time it seems like a recession is lining up perfectly with Bitcoin's 4-year cycle to create a massive buying opportunity. Sure, we might dip another 50% from here, but I'm pretty sure we'll be up >350% 3 years from now when all of this is behind us. That's a good risk/reward opportunity to dollar cost average in my opinion.

Yes, I think so too. But my point was that the fall is not over right now and that we will most likely have an opportunity to buy bitcoin even cheaper in the near future. Although it is certainly a good idea to buy now and have funds for future buying. Biden's last words though make it clear that America may need to print dollars again, then the fall will be over.

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Quote from: Wong Gendheng on June 21, 2022, 08:55:31 PM

If we want to profit then following the advice of experts is important, most of what we hear is to buy low and sell high, if now is a low price then the time to buy, after buying then the best thing is to wait for the right time to sell or if we want greater profit, so I suggest for long -term hold.

If you really believe that right now is the most appropriate price to buy because it's already low, of course, don't delay, the opportunity will be lost. That's right, my friend, following expert advice is really necessary, especially in current circumstances, where prices are correcting. so buying when the price is low and selling when you feel that the price is worth it enough to sell is a very wise way of thinking.

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