Best time to buy Bitcoin is around the time of Bitcoin Halving: April 22, 2024

Hallroom

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Quote from: BuyingBitcoin on April 17, 2024, 04:37:18 PM

I like to thank all the comments in this thread as it influenced me to buy Bitcoin at $40k in January.

Anytime is the best time to invest in Bitcoin. When governments keep printing paper money causing inflation this increases the value of the finite supply of Bitcoin.

Now is the time to invest according to Bitcoin price, if one wants to invest in Bitcoin with accumulated money then he can do it because the bull market is going to happen next. The bull market is very likely to start in the next few months after the halving, 2025. The highest Bitcoin price increase in 2018 is likely. That is why it would be best to hold Bitcoins now following the DCA method.

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Onyeeze

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Quote from: |MINER| on January 27, 2024, 09:07:04 PM

Actually in my opinion it is always best time for buying bitcoin for the long term holder. But the scenario will be kind of different for the short term trader and also who are currently investing by focusing on the next bull run . Then yes they have to take all dips for investing on bitcoin . And not only just the first quarter of 2024 I think there will be also many dips after the April so I think then also they will have the time. Investing with large amount at once wasn't good idea for me .

cryptocurrency investor does not have a best time to purchase a Bitcoin but here you must make sure that you have make a proper research to know when you really purchase a Bitcoin and it will become profitable for you and also know when you purchase a bitcoin it will not be profitable for you depending they kind of investment you want to have with your bitcoin I want to purchase so this things are the thing that we have to consider for any cryptocurrency investment before we invest on it there is more a specific time that is best for someone to invest in Bitcoin for my own understanding except when the price is low and there when you purchase you hold until the price

BuyingBitcoin

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I like to thank all the comments in this thread as it influenced me to buy Bitcoin at $40k in January.

Anytime is the best time to invest in Bitcoin. When governments keep printing paper money causing inflation this increases the value of the finite supply of Bitcoin.

ShowOff

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Quote from: Manlikefrank1 on February 04, 2024, 06:19:41 AM

Quote from: BuyingBitcoin on January 15, 2024, 09:56:31 AM

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With proven statistics on the halving in Bitcoin.i feel it’s a good period to also do your check on what’s the cause of it increases during this period and know when to engage it buying and selling when it’s high.but to be realistic not all history repeats itself.so I encourage research before even buying the halving period now.

Halving is a moment that usually causes prices to rise, but of course it doesn't have to be repeated every period. However, as far as we can see and observe, this halving will most likely make the market very bullish. You may need to be aware that this year the SEC has approved a bitcoin ETF, that could be one of the factors that will influence the price in the long term.

Something realistic certainly needs to be thought about, but if you are asking about when is the best time to invest, then now is the time. You can buy whenever you have the budget and you don't have to worry about the price if it is your long-term investment. In the long term, Bitcoin's potential is still very good and you should start today and maximize your opportunities.

Manlikefrank1

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Quote from: BuyingBitcoin on January 15, 2024, 09:56:31 AM

A year leading up to the Bitcoin halving is when Bitcoin prices is at it's lowest.

Anyone new to Bitcoin needs to buy from now until the halving. Bitcoin prices always go up after the halving from 2016, 2020 and now 2024.

Unfortunately, most people will only buy during the Bitcoin bull run hype during 2025 when the prices are at an all time high. Which is the worst time to buy Bitcoin.

Anyone that is reading this now during the halving year. You're one of the smart investors and understands Bitcoin's history. Buy when it's low. Hold when it's high. Sell at the top.

With proven statistics on the halving in Bitcoin.i feel it’s a good period to also do your check on what’s the cause of it increases during this period and know when to engage it buying and selling when it’s high.but to be realistic not all history repeats itself.so I encourage research before even buying the halving period now.

tygeade

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Quote from: 8rch7 on January 27, 2024, 02:48:44 AM

For investor they not thinking about the best time for investing in bitcoin before the halving upcoming two months later, they have faith with bitcoin the best investment assets in the future and keep accumulate bitcoin every moment have without take care price up or down. I have difference way for investing in bitcoin although as long term profitable target but left 20% of my fiat hold to buy back when bitcoin price drop drastically.
Its not matter with close halving or not because the best time for investing in bitcoin depend on price of bitcoin not close halving or not.
I think if some one have planning with bitcoin halving to invest in bitcoin they will not interested yet keep accumulate bitcoin investment after halving time and afraid with bitcoin get potential have lower price.

That is sort of what I do as well, I do not really look at the daily prices, and even if I do, I do not loo kat it for any other purpose than just being there and being active on it, not for trading purposes at all. I think it's quite clear that not many people would be able to do that. Long term holders do make good income if they can actually achieve to hold for long and keep on accumulating, I know plenty of people who did nothing but just keep holding their coins and in return they made some great income, from multiple different coins and tokens.

However, trading doesn't mean it's bad, or worse, you could make a lot more money that way as well, it all just depends on how good you are as a trader and that's it, if you are decent, you can make money there too.

kotajikikox

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Quote from: mich on January 28, 2024, 12:41:23 AM

Well yes I do think that is some good advice to buy more Bitcoin before the halving. The next Bitcoin halving is 72 days away so still time to stack some before we become 'bullish'.

before or after the halving is the perfect timing because we never see the price increase before and after the halving instead this takes time to recover and it keeps dumping on those times.

Quote

MicroStrategy founder Michael Saylor did say that he thinks price of Bitcoin in 2024 is going to be $350,000. I do not know if we will see that much of a price but when he is 'bullish' then it is a good thing.

wow now 2024 is the time? 350k ? that is huge mate but do we really need to believe that?

GeorgeJohn

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Quote from: |MINER| on January 27, 2024, 09:07:04 PM

Actually in my opinion it is always best time for buying bitcoin for the long term holder. But the scenario will be kind of different for the short term trader and also who are currently investing by focusing on the next bull run . Then yes they have to take all dips for investing on bitcoin . And not only just the first quarter of 2024 I think there will be also many dips after the April so I think then also they will have the time. Investing with large amount at once wasn't good idea for me .

in normal circumstances bitcoin investment is something that I know quite well that so much have a difference of timers based on what you have in mind for your investment but I know quite well but no time you invest in Bitcoin is a wasted time for bitcoin investment it depends what you have in mind to invest in Bitcoin because sometimes when you purchase bitcoin when the price is high you might be lucky that the price will continue to accelerate and sometimes to when you purchase a bitcoin when the price is high the price can equally depreciate in value at any given point in time so the two things that is involved in Bitcoin investment is advantages and the disadvantages and you should do target the advantages when you are investing in Bitcoin so that you make a profit, the advantages come in a way that you will investigate and know when the price of Bitcoin is low targeting to hold on to the price get increased so that you make there reasonable profit during the time of holding Bitcoin for long period depending the time you purchase bitcoin.

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Quote from: Getmon on January 28, 2024, 02:23:02 AM

Although I cannot foretell that it will reach $350,000 this year, it is wise to buy Bitcoin before the halving. Maybe it will reach that amount and make us happier but every crypto investor believes that Bitcoin is bullish.

If have additional savings, I will continue to invest in Bitcoin even next year when peak prices are expected. I believe that there will be some dips this year. Therefore, there are still numerous opportunities for late investors to enter. I want to sell a portion of my investment when Bitcoin is at $100,000, so taking into account the present value, it is as yet cheap.

350k is too optimistic a forecast. If you look at trading over the last 2-3 months, there are enough fluctuations, which means that investors are still in doubt, although most are inclined not to pay attention to it. In order for the price to become 100k or so, the market needs to attract there is still a lot of money or to shake investors out of altcoins and convince them to invest in bitcoin, then this scenario will become possible, plus the halving effect which will definitely give an impetus to the price increase.

peter0425

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Quote from: BuyingBitcoin on January 15, 2024, 09:56:31 AM

A year leading up to the Bitcoin halving is when Bitcoin prices is at it's lowest.

Anyone new to Bitcoin needs to buy from now until the halving. Bitcoin prices always go up after the halving from 2016, 2020 and now 2024.

Unfortunately, most people will only buy during the Bitcoin bull run hype during 2025 when the prices are at an all time high. Which is the worst time to buy Bitcoin.

Anyone that is reading this now during the halving year. You're one of the smart investors and understands Bitcoin's history. Buy when it's low. Hold when it's high. Sell at the top.

for how long that halving had been in the system and what had brings this to the market It is always dumping before the day comes and also at least how many months after that before the growing happens that means we have enough time to listen and trust the market .
there are so much things that coming in the community some may say this and that but the essence of trust in bitcoin will always there to save our money and our position.

Getmon

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Although I cannot foretell that it will reach $350,000 this year, it is wise to buy Bitcoin before the halving. Maybe it will reach that amount and make us happier but every crypto investor believes that Bitcoin is bullish.

If have additional savings, I will continue to invest in Bitcoin even next year when peak prices are expected. I believe that there will be some dips this year. Therefore, there are still numerous opportunities for late investors to enter. I want to sell a portion of my investment when Bitcoin is at $100,000, so taking into account the present value, it is as yet cheap.

Xcode7

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Quote from: |MINER| on January 27, 2024, 09:07:04 PM

Actually in my opinion it is always best time for buying bitcoin for the long term holder. But the scenario will be kind of different for the short term trader and also who are currently investing by focusing on the next bull run . Then yes they have to take all dips for investing on bitcoin . And not only just the first quarter of 2024 I think there will be also many dips after the April so I think then also they will have the time. Investing with large amount at once wasn't good idea for me .

There are differences for those who plan long-term investments or short-term investments.
If you want to invest for the long term, maybe now is the right time because after the halving, Bitcoin prices are likely to increase (as happened in the past) and price corrections will definitely still happen, but we don't know for sure whether it will happen deeper than now or not.
And for short-term investing, there are quite a lot of aspects that must be taken into account so that they can really make a profit in a short time, with Bitcoin price movements which are quite volatile allowing anything to happen.

If investing for the long term, I think there is no harm in investing large amounts, from what happened in the past there should be no doubt.

mich

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Well yes I do think that is some good advice to buy more Bitcoin before the halving. The next Bitcoin halving is 72 days away so still time to stack some before we become 'bullish'.

MicroStrategy founder Michael Saylor did say that he thinks price of Bitcoin in 2024 is going to be $350,000. I do not know if we will see that much of a price but when he is 'bullish' then it is a good thing.

Nothingtodo

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This time can be considered suitable for those who want to invest for long term but those who have short term investment plan should wait for the market to go for a little correction. However, this may be the best time before the Bitcoin halving and there may not be a better time to invest in Bitcoin after the halving. Back in April I decided to pick this time and I decided to buy some bitcoins and hold them until after the halving.

FinePoine0

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Quote from: BuyingBitcoin on January 15, 2024, 09:56:31 AM

A year leading up to the Bitcoin halving is when Bitcoin prices is at it's lowest.

Anyone new to Bitcoin needs to buy from now until the halving. Bitcoin prices always go up after the halving from 2016, 2020 and now 2024.

Unfortunately, most people will only buy during the Bitcoin bull run hype during 2025 when the prices are at an all time high. Which is the worst time to buy Bitcoin.

Anyone that is reading this now during the halving year. You're one of the smart investors and understands Bitcoin's history. Buy when it's low. Hold when it's high. Sell at the top.

The current low price of Bitcoin is an opportunity for investors as they can invest in Bitcoin at this low price. Of course, going into 2025, they will be able to sell bitcoins at the highest price and their profits will be huge if they sell bitcoins. All these rules you can definitely solve yourself if you are looking at bitcoin halving 2020. This is currently the last chance to invest in Bitcoin, as the price of Bitcoin is definitely lower before the halving. So everyone should use this opportunity to invest in Bitcoin quickly. As you all know for sure, the price of Bitcoin is on the upswing.

|MINER|

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Actually in my opinion it is always best time for buying bitcoin for the long term holder. But the scenario will be kind of different for the short term trader and also who are currently investing by focusing on the next bull run . Then yes they have to take all dips for investing on bitcoin . And not only just the first quarter of 2024 I think there will be also many dips after the April so I think then also they will have the time. Investing with large amount at once wasn't good idea for me .

Oasisman

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Quote from: taufik123 on January 27, 2024, 07:46:32 AM

Quote from: 8rch7 on January 27, 2024, 02:48:44 AM

-snip-
I have difference way for investing in bitcoin although as long term profitable target but left 20% of my fiat hold to buy back when bitcoin price drop drastically.
Its not matter with close halving or not because the best time for investing in bitcoin depend on price of bitcoin not close halving or not.

Whenever investing is good, as long as you start coming in and setting your main target, it will be a portfolio that will grow.
But don't be too tempted by FOMO and buy it right away, make sure the purchase is made at the right time.

I think that person you've quoted is most likely not going to get affected by FOMO as he does look like someone who has been stacking bitcoins very strategically similar to DCA, if not he's been DCAing. He did also mention that investing in bitcoin did not matter whether or not we're close to the next halving, so that's another indicator for someone who doesn't get easily affected by FOMO.

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Quote from: 8rch7 on January 27, 2024, 02:48:44 AM

-snip-
I have difference way for investing in bitcoin although as long term profitable target but left 20% of my fiat hold to buy back when bitcoin price drop drastically.
Its not matter with close halving or not because the best time for investing in bitcoin depend on price of bitcoin not close halving or not.

You do the right thing by leaving 20% of the Fiat capital you used as a reserve when the market suddenly crashes.
You will buy cheaper and get more assets.
That's a strategy that I also apply to get a chance to buy again.

Whenever investing is good, as long as you start coming in and setting your main target, it will be a portfolio that will grow.
But don't be too tempted by FOMO and buy it right away, make sure the purchase is made at the right time.

8rch7

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For investor they not thinking about the best time for investing in bitcoin before the halving upcoming two months later, they have faith with bitcoin the best investment assets in the future and keep accumulate bitcoin every moment have without take care price up or down. I have difference way for investing in bitcoin although as long term profitable target but left 20% of my fiat hold to buy back when bitcoin price drop drastically.
Its not matter with close halving or not because the best time for investing in bitcoin depend on price of bitcoin not close halving or not.
I think if some one have planning with bitcoin halving to invest in bitcoin they will not interested yet keep accumulate bitcoin investment after halving time and afraid with bitcoin get potential have lower price.

Topic: Best time to buy Bitcoin is around the time of Bitcoin Halving: April 22, 2024 (Read 1023 times)