Best time for me to buy - page 22. | Bitcointalksearch.org

Mpamaegbu

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Quote from: Rockstarguy on May 07, 2022, 04:22:52 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$

You probably meant $40k, right 🤔. In accounting, improper writing of numbers can cause a lot of damage and that's why we're advised to always end with "Only" whenever we write the numbers out in words. I'm yet to see where a cheque is signed without that inclusion of "only". Even if it's $500 million, it comes as $500 million only, and then it's $200; it comes as $200 only.

That said, now look at the time you wanted to buy before Bitcoin took another plunge; see it as a blessing to buy more unit at a discounted rate. This is the problem with many investors. We keep thinking the market can go down more and we procrastinate further until price springs a surprise on us and reverts with a spike. Anyone who has a spare cash they want to throw into Bitcoin has the right timing to do so now. That's my honest advice on this.

Silberman

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Quote from: Captain Corporate on May 10, 2022, 04:40:55 PM

Quote from: Silberman on May 10, 2022, 04:34:11 PM

If you have some cash available then it is not a bad idea to buy bitcoin now when its price is so low, however you need to make sure that you are going to be able to hold your coins in the case the price of bitcoin keeps going down, after all it is easy to think that we are going to be able to endure a sudden crash in the price of bitcoin, but my experience tells me that very few people can actually do so and as such your strategy only makes sense if you can keep holding your bitcoin even during the worst possible scenario.

It is the finding cash part that makes it the hardest of current times. I mean I love that it's low so that I can buy some more right now, but the reality is that I have none and all of my money is either the money I need or the money that I already invest, I have none that I can afford to invest into crypto right now. This is why I tend to be in a situation where it's really not looking good for the current time and the future since I am missing out. FOMO with hands tied basically. I am %100 sure that it will go up and I can't do anything about it which upsets me a lot, hopefully, it will get better and I find some money to invest soon before it goes up.

Without a doubt that is a problem, as without money then we cannot take advantage of the opportunities that the markets present to ourselves, but while you may be unable to take advantage of the current opportunity that does not meant that you will be unable to take advantage of future opportunities, so you have no other option but to keep saving and hope that another opportunity like this appears in the future, something that is not as unlikely as we may think as we may always see another luna collapsing and bring the whole market down with it.

stepwilli

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Quote from: lombok on May 12, 2022, 09:13:39 AM

I support all Bitcoin buying actions as long as it is a personal preference.

$40K is also pretty good a buying area as the OP said in his thread. As long as the OP is able to handle his money management in this case.

Even if the OP will also buy back at the current price where bitcoin is under $30k that is a very good thing too. Maybe the OP will get a lower average buy price if he buys back at this time.

DCA might be the OP's consideration if he is going to invest in BTC.

I agree, 40k is a great place to buy, 30k is even better and if it happens 20k will be amazing. There is really no way of knowing which one is the best one but if you get in, at least you will not miss out when it goes up. Reality is that if we end up buying bitcoin at 40k and sell it at 60k a year later, we still make more profit than the guy who got scared and didn't get any.

I mean that's the thing, there are so many people who are scared and do not buy crypto for some reason, and that is not really acceptable for me, if you are really believing crypto then you should buy it at any price. FOMO should be right now, not when it is high.

Mahanton

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Quote from: fzkto on May 12, 2022, 12:47:49 PM

Today is another bloody day in the market, but bitcoin has yet to have a strong sell-off, although all altcoins have fallen horribly. Let's see what happens tomorrow and then at the weekend when this week's candle closes. I will probably be buying some altcoins tomorrow. I think there should be a bounce soon. Too many red weeks in a row, can't go on like this.

People been thinking and freaking out whenever they do see blood in the market they do really panic and minding about selling their assets without even reconsidering on buying out since these opportunities

doesnt really come often and now that we are on this particular condition of the market where everything is on reds.Its the best time for us to buy i know it wont really be that
simple because it would really be that giving off some fear and hesitance on the current condition which making decisions isnt really that easy to be done.

darewaller

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I do agree that it is perfect time to get into crypto right now, I am not sure if it will stay this low for a long time, it rarely ever does and it is hard for it to stay low unless something major happens. One big thing happened (fed rate deal) and another huge deal happened (lena), I am not expecting another third big deal to happen right now neither. I am expecting it to go up soon, or at least stay around these levels.

It means that if you get in right now, you will most probably profit from it as much as you could. Doesn't mean that you will profit right away, but there is a good chance you can, if you know what you are doing.

fzkto

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Today is another bloody day in the market, but bitcoin has yet to have a strong sell-off, although all altcoins have fallen horribly. Let's see what happens tomorrow and then at the weekend when this week's candle closes. I will probably be buying some altcoins tomorrow. I think there should be a bounce soon. Too many red weeks in a row, can't go on like this.

lombok

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Quote from: Rockstarguy on May 07, 2022, 04:22:52 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?

I support all Bitcoin buying actions as long as it is a personal preference.

$40K is also pretty good a buying area as the OP said in his thread. As long as the OP is able to handle his money management in this case.

Even if the OP will also buy back at the current price where bitcoin is under $30k that is a very good thing too. Maybe the OP will get a lower average buy price if he buys back at this time.

DCA might be the OP's consideration if he is going to invest in BTC.

Questat

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Quote from: Rockstarguy on May 07, 2022, 04:22:52 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?

It is every time we come to think about buying during the bear season but unfortunately, many times that it also changes when it comes.
The price of Bitcoin went down to $28k, how is your feeling today? Well, I hope you do not regret seeing the situation go bad. Pretty sure many were still in doubt to buy at this time, many had been changed their plan as they have been badly influenced by their emotions and lack of trust. This is very common during bearish.

peter0425

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your choice not ours .

So decide now or never lol.

19Nov16

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Quote from: Dhaniii on May 11, 2022, 10:40:02 AM

Everyone wants to buy bitcoin when the market starts to fall but doesn't want to try it, finally bitcoin rises again, only to realize that he regrets not buying when the price drops at a very low price. now for me is a good time to buy and buy don't wait for the next day because it's not necessarily the next day bitcoin will fall again. but if it still goes down, then be patient because bitcoin has a fast recovery system compared to other coins.

A few hours ago the price of bitcoin when I checked about $ 26k, and now it has risen to more than $ 27k, hopefully this is a positive sign that today's price is the lowest in 2022, I dare to buy around $ 260 at the price of $ 27300 and is full Filled, hopefully my experiment can make me profit because I lost a lot of assets more than 40% in recent days.

GreatArkansas

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Quote from: Rockstarguy on May 07, 2022, 04:22:52 AM

(....)
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?

Consider also using DCA (Dollar Cost Averaging). Especially on these price levels, there is huge volatility, especially candlewicks, so scattering your entries or buy zone is also a good idea if you are for the long term. Avoid watching prices from time to time or looking at charts every time. Plan and you can leave your buy orders.

Dhaniii

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Everyone wants to buy bitcoin when the market starts to fall but doesn't want to try it, finally bitcoin rises again, only to realize that he regrets not buying when the price drops at a very low price. now for me is a good time to buy and buy don't wait for the next day because it's not necessarily the next day bitcoin will fall again. but if it still goes down, then be patient because bitcoin has a fast recovery system compared to other coins.

lienfaye

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Quote from: Rockstarguy on May 07, 2022, 04:22:52 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?

Every dip is a good time to buy so dont hesitate especially if your plan is to hold it for years. We cant predict the exact bottom of the price but even the price decrease further after you buy, you will not lose unless if you panic and sell at loss. Thus for those who are waiting to accumulate Bitcoin, this is the time to take advantage. Certainly the price will bounce back in time, we just have to wait even it takes months or years.

Johnyz

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Quote from: Pejoh Asu on May 08, 2022, 11:37:56 AM

If we want to profit in a short time or a maximum of 3 days then now is the time to buy, I have often bought when the price of Bitcoin dropped in a few days, especially since it was a week the price of Bitcoin Red then in 2 or 3 days it is likely that the price will skyrocket again.

Its too risky to play short but I like the idea ad a trader since I also know once the bottom already reached, the price will easily arise again and it actually happened since BTC price goes below $30k and within an hour it bounce back to $32k which you can say that many are waiting for the bottom price and yeah BTC will not stay on that level for long so better to buy quickly.

GeorgeJohn

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Quote from: Pejoh Asu on May 08, 2022, 11:37:56 AM

If we want to profit in a short time or a maximum of 3 days then now is the time to buy, I have often bought when the price of Bitcoin dropped in a few days, especially since it was a week the price of Bitcoin Red then in 2 or 3 days it is likely that the price will skyrocket again.

every body is lamenting that it's time to buy cryptocurrency especially bitcoin because of it bearish market structure, Yes " i will encourage but not fully because in every season of cryptocurrency price speculation two things are involved into the thing's, the begin is advantages that leads to profit, in addition disadvantages, which also leads to Lost.. so their is every tendency of using larger capital to purchase many Bitcoin while having in mind that soonest it will accelerate. While it keeps on decreasing in value. So that's challenges of purchasing cryptocurrency when you feel it's sure time to make profit.

Captain Corporate

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Quote from: Silberman on May 10, 2022, 04:34:11 PM

If you have some cash available then it is not a bad idea to buy bitcoin now when its price is so low, however you need to make sure that you are going to be able to hold your coins in the case the price of bitcoin keeps going down, after all it is easy to think that we are going to be able to endure a sudden crash in the price of bitcoin, but my experience tells me that very few people can actually do so and as such your strategy only makes sense if you can keep holding your bitcoin even during the worst possible scenario.

It is the finding cash part that makes it the hardest of current times. I mean I love that it's low so that I can buy some more right now, but the reality is that I have none and all of my money is either the money I need or the money that I already invest, I have none that I can afford to invest into crypto right now. This is why I tend to be in a situation where it's really not looking good for the current time and the future since I am missing out. FOMO with hands tied basically. I am %100 sure that it will go up and I can't do anything about it which upsets me a lot, hopefully, it will get better and I find some money to invest soon before it goes up.

Silberman

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Quote from: Rockstarguy on May 07, 2022, 04:22:52 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?

If you have some cash available then it is not a bad idea to buy bitcoin now when its price is so low, however you need to make sure that you are going to be able to hold your coins in the case the price of bitcoin keeps going down, after all it is easy to think that we are going to be able to endure a sudden crash in the price of bitcoin, but my experience tells me that very few people can actually do so and as such your strategy only makes sense if you can keep holding your bitcoin even during the worst possible scenario.

Pejoh Asu

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If we want to profit in a short time or a maximum of 3 days then now is the time to buy, I have often bought when the price of Bitcoin dropped in a few days, especially since it was a week the price of Bitcoin Red then in 2 or 3 days it is likely that the price will skyrocket again.

goldkingcoiner

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From my experience, the best time to buy would be anytime that you want to buy or even have the possibility to buy. I too have waited for the "perfect buying moment", observing all the charts, the signals, the news and so on. And I always was left disappointed by the fact that I missed out because I was too concerned with timing instead of just hodling my investment in something that I believe in.

So the best time? Does not exist. Unless you are a day trader. Although even then Hodling is the best option, always.

Sled

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Quote from: 19Nov16 on May 08, 2022, 05:51:51 AM

When the price of bitcoin is above $50k many people say they want to buy bitcoin if the price can go down and the range is $30k, now it has happened, if we only aim for short-term investments then buy now then sell in a week then I'm optimistic that profit is 15% we will get, successful investors make moments like today a busy day to buy.

We can't compare rich people to poor people in regards to investing as they are more optimistic despite the decline, unlike how these poor people behave differently and think negatively.

While these rich people making busy analyzing the market and buying more but these poor people are doing nothing. They instead keep asking when bullish which in fact, even if it comes they still don't get any as they never bought something while the price is cheap.

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