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Topic: Best time to buy Bitcoin is around the time of Bitcoin Halving: April 22, 2024 - page 2. (Read 1000 times)

hero member
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It's not going to be the best time, trust me, I don't know the future but I do believe that the best buying time for Bitcoin was at 17,000 and now that is gone already, the halving period can be a good time too but don't expect the massive dip like 17,000 again.

The lowest I expect this year will be in the thirty k range and I still believe that many people will end think we are going back to 10k, well good luck with that, this is how many people always miss good buying opportunities and they will have no choice but to buy higher after.
I don’t know what needs to happen for there to be a dip to 30 thousand. So far everything looks calmer and many are in accumulation mode, even the last adjustment that took place the other day was quite quickly returned to the previous values, since there are not many people willing to sell at current prices freeze in anticipation of the halving and closer to it the situation will be more clear.
legendary
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Buying bitcoin is two different situations, one is when you do not have money and putting yourself at risk when you are trying to buy, and another would be not buying bitcoin when you already have money and just do not want to risk it by putting it in bitcoin. The part where you have the money but not the courage is the biggest problem.

If people with excess money that they could afford to buy bitcoin but do not have the courage and fear buying bitcoin all ended up buying bitcoin, we would be over 200k by now, maybe closer to 500k. There are billions in the world who go to waste on silly stuff like bank interests, why would you want to make somewhere between 1% to 10% in horrible savings when you could just buy bitcoin with it?
hero member
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That's how you see things around Bitcoin, it doesn't mean that others will think and do the same, the best time for me was in 2022 so far, even all the altcoins I bought at that period are so damn good in value right now.

The best time people should have invested in Bitcoin was in 2022, even if there will be massive correction now you aren't going to see 16k Bitcoin again, while everyone are waiting for 10k it never happened, the train already left.

Buying now doesn't mean you won't make money, but the best opportunity to have bought is already gone, 16k per Bitcoin was the best price ever, this is why waiting is dangerous.


The most appropriate time to buy is 2 years post halving. usually 1 year post halving the price will reach its latest ath. then drop to its low point 1 year later.
So you buy time in 2022 is a very good time.
But even before halving, buying coins is also good and good. because 1 year after halving the coin price will definitely skyrocket towards its latest ATH.
legendary
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It's not going to be the best time, trust me, I don't know the future but I do believe that the best buying time for Bitcoin was at 17,000 and now that is gone already, the halving period can be a good time too but don't expect the massive dip like 17,000 again.

The lowest I expect this year will be in the thirty k range and I still believe that many people will end think we are going back to 10k, well good luck with that, this is how many people always miss good buying opportunities and they will have no choice but to buy higher after.
Gone are the days when we are seeing bitcoin at $17k. The lowest price drop speculated this time may only be until $30k or $25k, and I think that’s still a good buy in preparation for the bitcoin bull run. Let’s be more realistic and not focus on what is hard to bring back. Just buy bitcoin today and continue to DCA in the next days, believe me you will still ride the hype when the bull market is here for real.
full member
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Does bitcoin have best time you can invest in bitcoin so I know quite well that bitcoin investment is something I know that we can as well do at any point in time, so therefore I believe that Investing in bitcoin doesn't have any duration you can invest anytime for someone to invest investment is something that you have no measurement but only what you have to do is to mention that you will make a research concerning what you want to invest on so that you will not end up and losing whatever thing that you invested or capital you use for the investment
jr. member
Activity: 74
Merit: 6
I read everyone's insightful opinion I changed the thread title to "Best time to buy Bitcoin now and before the Bitcoin Halving: April 22, 2024" 

Basically, Bitcoin is volatile, we can't 100% predict the price. Bitcoin has lowest prices in the past and highest prices in the future. That's why investing in Bitcoin today is the best strategy.

I bought Bitcoin today January 22, 2024
jr. member
Activity: 74
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Often, we see the question: Is this the right time to buy bitcoin? during the bull run. But now they are ignoring accumulating bitcoin when it's cheap. I agree with the OP; after each halving, Bitcoin seems to pump hard. So we might see a real bull after the halving. It's most likely the end of this year or the beginning of 2025. I will prefer the DCA strategy to accumulate bitcoin right now. Today, Bitcoin is trading in the $41K zone, which is a buy point as well. I am not sure if we can see Bitcoin below $30K before halving. So DCA will work well at the moment.

Thanks. I was just explaining a basic strategy of buying Bitcoin before the Bitcoin halving even months after the Bitcoin halving the prices are still at a low price before the bull run starts.
jr. member
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I would always say that the best time to buy bitcoin is at its dips, but knowing we can’t predict when will be bitcoin at its deepest price, then probably the best time to buy is now. Regardless of the current price of bitcoin, if you keep on waiting for the perfect entry, you might end up losing another opportunity to invest. So I prefer to say that now is the best time to invest. Take it or leave it, bitcoin has great potentials to succeed so we should not miss any opportunity to buy and hold.

Good advice and that's the most popular advice is to buy the dip. Buying the dip is a strategy never fails long term.
jr. member
Activity: 74
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That's how you see things around Bitcoin, it doesn't mean that others will think and do the same, the best time for me was in 2022 so far, even all the altcoins I bought at that period are so damn good in value right now.

The best time people should have invested in Bitcoin was in 2022, even if there will be massive correction now you aren't going to see 16k Bitcoin again, while everyone are waiting for 10k it never happened, the train already left.

Buying now doesn't mean you won't make money, but the best opportunity to have bought is already gone, 16k per Bitcoin was the best price ever, this is why waiting is dangerous.

You are correct. 16k was the lowest price within that past 2 years.
jr. member
Activity: 74
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~snip~

I'm glad you understood what the OP was saying and what I was trying to explain. If we look at investing only from the perspective of price, then by following the four-year cycle, we can quite well detect when the price will be the lowest in that period. On the other hand, there is another factor when it comes to investing in Bitcoin, and that is the time factor.

Some investors will prefer to wait as long as possible, whether it is the time just before the halving, or the first signs of a bull run after the halving - because the price is obviously less important to them, and their goal is to make as much profit as possible in the shortest possible period. For those who invest a lot of money, this strategy probably pays off, because when the big bull run starts, you can earn 100% or more in a very short period of time.

If you invest say $100 000 or $1 million when the price is say $50 000, that makes a big difference in terms of profit compared to someone who invested at a much lower price, but invested much less money.

Yep I was trying explain a basic strategy to invest in Bitcoin for newbies. Bitcoin halving is a good low range but it's not the lowest price. I shouldn't have said that Bitcoin halving is the lowest price because it's not.
jr. member
Activity: 74
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And the sad part is - people will read and still won't take any action. It is human nature and note that not everyone is destined to make it. Btc was as low as 20k few weeks back and people where busy calling for below 10k, such people are still hoping to buy btc at below 10k  Cheesy
I don't think btc will go lower than 20k before the bull finally hit and many people did not take advantage of the opportunity. It is one thing to put this type of message out there and it is another thing for people to act on it.
There will always be the ATH buyers, they are the type that buy high and sell low and then call btc a scam for their lack of understanding the market.  Grin

You are correct about human nature and that most people will still not take any action after reading reasonable positive advice.  Grin
legendary
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~snip~

I'm glad you understood what the OP was saying and what I was trying to explain. If we look at investing only from the perspective of price, then by following the four-year cycle, we can quite well detect when the price will be the lowest in that period. On the other hand, there is another factor when it comes to investing in Bitcoin, and that is the time factor.

Some investors will prefer to wait as long as possible, whether it is the time just before the halving, or the first signs of a bull run after the halving - because the price is obviously less important to them, and their goal is to make as much profit as possible in the shortest possible period. For those who invest a lot of money, this strategy probably pays off, because when the big bull run starts, you can earn 100% or more in a very short period of time.

If you invest say $100 000 or $1 million when the price is say $50 000, that makes a big difference in terms of profit compared to someone who invested at a much lower price, but invested much less money.
sr. member
Activity: 448
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In ₿ we trust
I don't agree with this, because if you follow this logic, it will never be worth investing in bitcoin, as it is always appreciating.... imagine if I had thought in 2022 that BTC was worth 1 USD a few years earlier, why would I Would you buy it for 16 thousand dollars? It wouldn't make sense.
You should think about the fundamentals that make it valuable, not the price of the screen. DCA always!


You can disagree with what I wrote as much as you want, but the OP literally claims "Best time to buy Bitcoin is around the time of Bitcoin Halving: April 22, 2024", which literally means what it says - and that is that the best time to invest in Bitcoin is around the time of the halving, and I claim that there is a much better time for those who consider Bitcoin only an investment and nothing more.

This is not about DCA as you think, but about wrong advice to all those who will read this. For maximum profit, you buy at the bottom, not when the price is three times higher than that.

Really, after your explanation, your previous answer makes complete sense.

I only considered the price region and not the exact day and time. Seen from this point of view, the OP is really completely wrong, it is impossible to give a specific date to buy with that precision.

Because the theory of cycle dynamics is completely different, there are many, many variables along the way.
sr. member
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The months 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.

This is just the opposite of the question of when to buy Bitcoin and the answer is as long as we can afford it [after other important needs are met] and have the desire to buy it.
The halving event is an event that is awaited and longed for by holders according to a survey I conducted myself by reading various existing articles and opinions.
If halving becomes light, then the current situation is a star where later the moon will come which will make the star disappear.

Bitcoin's previous all-time high was $69,044.77. So the price of $40.9k - $42k - $45k is a very reasonable price to buy while waiting for the moon to cover the stars in light.
In a matter of 24 hours now, the price of Bitcoin has decreased by 4%. Imagine if we buy at prices like now, how much return we will get when the previous all-time high price is passed and reaches a new all-time high price.

Buy low, yes. And at this time because the prices in previous months can no longer be purchased because they have passed.
sr. member
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For me, the trend of buying bitcoin is durable because bitcoin is the most trusted asset in the history of crypto investment, if this time thinks the time is right, it is possible that tomorrow night will turn around deeper correction before there is a price continuation, meaning that in and out of assets the interaction of traders and buyers depends on what bitcoin will be used for, until there is a crowd to buy. Btw to save bitcoin is good advice and everyone has a different art of entry point.

Many are talking about countdown, past and after like a new life happens after halving, what we will be later is that the minner will decrease. not like halving 5 years ago until it was really felt in life and the economy the impact of bitcoin skyrocketed, especially hardwhare. If the halving comes with the countdown time maybe I will be happy I can't imagine how very impatient the time is waiting for, I will save bitcoin maybe regularly every week to welcome.
sr. member
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It's not going to be the best time, trust me, I don't know the future but I do believe that the best buying time for Bitcoin was at 17,000 and now that is gone already, the halving period can be a good time too but don't expect the massive dip like 17,000 again.

The lowest I expect this year will be in the thirty k range and I still believe that many people will end think we are going back to 10k, well good luck with that, this is how many people always miss good buying opportunities and they will have no choice but to buy higher after.
It was a long time ago that the price of Bitcoin was 17000 dollars.The price of Bitcoin has been between $40,000 and $42,000 for the past few days, perhaps the best time to buy Bitcoin is still upon us.

As you mentioned when the price of bitcoin was 17 thousand dollars those who did not invest in bitcoin are now regretting it and now the price of bitcoin is 410000 dollars so those who are not investing in bitcoin yet when the price of bitcoin increases will also regret it like before.

So everyone should invest in Bitcoin using DCA method to avoid regret. But there are also some investors who are waiting for the price of Bitcoin to fall. I think they should invest in Bitcoin now instead of waiting as the price of this coin has dropped a lot.
sr. member
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It's not going to be the best time, trust me, I don't know the future but I do believe that the best buying time for Bitcoin was at 17,000 and now that is gone already, the halving period can be a good time too but don't expect the massive dip like 17,000 again.

The lowest I expect this year will be in the thirty k range and I still believe that many people will end think we are going back to 10k, well good luck with that, this is how many people always miss good buying opportunities and they will have no choice but to buy higher after.
legendary
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I don't agree with this, because if you follow this logic, it will never be worth investing in bitcoin, as it is always appreciating.... imagine if I had thought in 2022 that BTC was worth 1 USD a few years earlier, why would I Would you buy it for 16 thousand dollars? It wouldn't make sense.
You should think about the fundamentals that make it valuable, not the price of the screen. DCA always!


You can disagree with what I wrote as much as you want, but the OP literally claims "Best time to buy Bitcoin is around the time of Bitcoin Halving: April 22, 2024", which literally means what it says - and that is that the best time to invest in Bitcoin is around the time of the halving, and I claim that there is a much better time for those who consider Bitcoin only an investment and nothing more.

This is not about DCA as you think, but about wrong advice to all those who will read this. For maximum profit, you buy at the bottom, not when the price is three times higher than that.
hero member
Activity: 1120
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Indeed, when the funds are ready, there is no harm in buying Bitcoin in an adjusted amount. Even now is a good time to prepare for the halving in April, but you need to remember to prepare reserve funds to buy back if the scenario is that the price goes down again, because basically we all believe that Bitcoin will experience an increase and we will get a profit as expected. and many predictions are emerging, so we must be able to trust personal analysis
Apart from that, there must be preparations such as reserve funds and personal analysis of various conditions, including the conditions of the crypto market itself. We also need to read some analysis from people who are experienced and very trusted in this matter so that everyone can make adjustments to what they will do before the halving occurs this year. Because now it is quite appropriate for everyone to prepare funds again and buy more Bitcoin at a price range that is already quite cheaper than before.
sr. member
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The months leading up to the Bitcoin halving is when Bitcoin prices is at it's lowest.

Are you sure? It seems to me that you are living in a big delusion and that you don't know what the price of BTC was just 1 year ago.



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.

It's not smart for me to invest in something that today costs $40k+, and a little more than 1 year ago it cost only $15k+. Everyone who thinks like you has no idea what they are talking about...

I don't agree with this, because if you follow this logic, it will never be worth investing in bitcoin, as it is always appreciating.... imagine if I had thought in 2022 that BTC was worth 1 USD a few years earlier, why would I Would you buy it for 16 thousand dollars? It wouldn't make sense.

You should think about the fundamentals that make it valuable, not the price of the screen. DCA always!
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