Best time to buy Bitcoin is around the time of Bitcoin Halving: April 22, 2024 - page 3.

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

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.

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

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...

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Quote from: btc78 on January 15, 2024, 10:32:28 AM

There are a lot of people who are reluctant in investing because they seem to be thinking about the price and the total coin they will be accumulating if they start buying now they can do DCA method and accumulate more just in time for halving

Very recommended if there are people out there who are not ready for one big buy but wants to get as much bitcoin as they can

Well, we can force them either. They are not investor and not in their minds to take risks even though they know that Bitcoin is profitable.
Only those who understand crypto will have the courage to invest while the others just ignore the potentiality of this project. It was not new to see people's rejection but I know sooner or later, they will realize and see the value of this project.

We can never say we are at the best time to buy because, for me, the time is during bear season. It is an individual choice and the most important is that we do something before the ATH comes.

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Quote from: Vaculin on January 19, 2024, 03:05:49 AM

Quote from: Pmalek on January 18, 2024, 11:38:04 AM

If we look at the graph you posted carefully, the first halving event caused the price to rise immediately. This wasn't the case with the 2nd and 3rd halving events. You can see on the image that bitcoin was following a downward trajectory the second and third time, before the prices moved upwards to reach new all-time-highs. It's going to be interesting to see how it will act this time around.

This proves that each bitcoin halving may also have a different effect on its price, so the best thing we can do here is not to rely on bitcoin halving if we plan to enter bitcoin investment. It could be bullish or bearish, we really don’t know. But one thing that is certain, if we start buying now, then we can always take advantage on the effect of bitcoin halving, most especially if it creates a high price for bitcoin afterwards.

Just buy when your finances are all set. Don’t worry if you don’t easily make profits, at least you’re not at loss as well.

People cannot expect a lot from halving event since there are times that people maybe got used to those events and they are tired for acquiring since they think they might not get the result they want to see. That's why its really better to wait for something to come like more good news to happen since we don't know if we can continue to see a dump or just like the same with old times where bitcoin price goes up plus demand will continue to come since to many people still buying even if the figures is so high.

If you can't afford to do DCA with current situation maybe just buy those volumes you can afford since it still good if you do short trades at the moment since your choice will always since whatever makes you happy that's fine as long as they get profit from what they do then its still rewarding.

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

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.

Since the Bitcoin halving will take place in 2024, the price of Bitcoin is very low in the current position. Now is the best time to invest With market momentum currently at normal levels, now is the right time to invest in Bitcoin if any investor feels the urge to invest. Looking at the halving of 2020, the price of Bitcoin was at a low point during the year of the halving, and the price of Bitcoin reached an all-time high shortly after the halving date ended. So even in 2024, such a situation can be observed, the Bitcoin price is at a low speed during the halving period, invest in 2024 itself.

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Quote from: Pmalek on January 18, 2024, 11:38:04 AM

If we look at the graph you posted carefully, the first halving event caused the price to rise immediately. This wasn't the case with the 2nd and 3rd halving events. You can see on the image that bitcoin was following a downward trajectory the second and third time, before the prices moved upwards to reach new all-time-highs. It's going to be interesting to see how it will act this time around.

This proves that each bitcoin halving may also have a different effect on its price, so the best thing we can do here is not to rely on bitcoin halving if we plan to enter bitcoin investment. It could be bullish or bearish, we really don’t know. But one thing that is certain, if we start buying now, then we can always take advantage on the effect of bitcoin halving, most especially if it creates a high price for bitcoin afterwards.

Just buy when your finances are all set. Don’t worry if you don’t easily make profits, at least you’re not at loss as well.

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

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.

We're not certain if history will repeat itself. Because anything unexpected is always possible to occur so we must be prepared for it and not just relying on what happened before. That being said, the best time to buy Bitcoin is when the price is declining and you can afford it.

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

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.

Some investors prefer to join the ride when the price is already increasing even it's quite risky. We know it's not the ideal time to accumulate but they don't want to wait for long and wanted to engage themselves when the market is already in bull run. Not advisable but we can't coerce them to do as we say since we have different strategy.

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Quote from: wtsimis on January 16, 2024, 02:46:26 AM

With Bitcoin you won't get much profit by trading for a short period of time. Holding Bitcoin for a long period of time will do you good. There is no alternative to buying Bitcoin, now is a very good time to buy Bitcoin. Moreover, there is Bitcoin halving in the month of April. Which can have a positive impact on Bitcoin. You can buy bitcoins continuously without buying them at all. If the price drops so that you can buy again and again. The best time to buy Bitcoin is whenever you are ready to buy.
After the halving, the price of Bitcoin may go up or down.

If you invest in bitcoin, you can't make any profit by investing for a short period of time. You have to wait for a long time to get profit from bitcoin. If you want to invest in bitcoin, you have to lose slowly. When the price of bitcoin is very low. You have to invest time and when the price of bitcoin increases then you have to sell the bitcoins and wait for a few days and when the price of bitcoin starts to decrease then you can buy bitcoin again.

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Quote from: Viscore on January 18, 2024, 05:59:54 PM

The best time to buy is when bitcoin price is at its deepest. But knowing its hard to predict whether the price is at its deepest or not, then definitely I would always recommend that the best time to buy is when you are ready to buy and lose some funds. Investing is not all about profits but certainly losses as well, so whether the market becomes bullish or bearish, or when bitcoin halving is around the corner, I guess the best time to buy is when you and your funds and emotions are all ready.

I agree with you that the best time to invest in bitcoin is when we are ready, but not buying bitcoin during the bear season and buying during the bull season would be a bad decision. The market has only two trends: up and down, so even if you have money and are willing to invest in bitcoin, but if it is a bullish market, you should not rush to buy at that time because the risk of losing money will be higher when you buy them in a bear market. So when you are ready to buy bitcoin, but you also need to consider the market situation to make a decision.

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Quote from: Viscore on January 18, 2024, 05:59:54 PM

The best time to buy is when bitcoin price is at its deepest. But knowing its hard to predict whether the price is at its deepest or not, then definitely I would always recommend that the best time to buy is when you are ready to buy and lose some funds. Investing is not all about profits but certainly losses as well, so whether the market becomes bullish or bearish, or when bitcoin halving is around the corner, I guess the best time to buy is when you and your funds and emotions are all ready.

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

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Quote from: thecodebear on January 15, 2024, 10:17:44 AM

I mean...obviously the best time to buy is from 6-12 months after the bull run peak, and keep buying up until the halving. But sure if you're talking about from today onward of course the best time to buy is right now and over the next few months before the price continues to build up.

Obviously, the calculated time seems to be after the bullrun effect has died down a little. I think the best time to buy is when the market is bearish.

Every time is the right time to buy as we gradually advance towards global adoption, its gonna be more expensive as we progress with adoption, pending when that is achieved, it is still early to buy Bitcoin.

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I don't agree with the fact that this is the best time to buy bitcoin or even any month going ahead before the bitcoin halven cycle, this is because many times, it has been proven beyond doubt that 4-5 month before bitcoin halven, the price at that point is already expensive and should be closely watched, this is why we have to develop a concuse approach to the whole thing as regards to bitcoin halven and it resultant price effects along the line, this is because at that point when halven is already near, the price of bitcoin would have become very expensive.

I think at this point, is already too late to buy bitcoin unless you are a big bag holder who can afford to spend such huge amount of dollars to buy bitcoin, this is why we have two kinds of bitcoin investors, we have the pocket buyers/holders, secon we have the whales who are the bag holder's and can change the face of the market at any point in time.

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The best time to buy is when bitcoin price is at its deepest. But knowing its hard to predict whether the price is at its deepest or not, then definitely I would always recommend that the best time to buy is when you are ready to buy and lose some funds. Investing is not all about profits but certainly losses as well, so whether the market becomes bullish or bearish, or when bitcoin halving is around the corner, I guess the best time to buy is when you and your funds and emotions are all ready.

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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.

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

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.

This has already happened, so there are strong predictions that the same thing will happen after the next halving. When the price of Bitcoin will reach its highest and lowest it is difficult to find a solid answer to predictions, but historical data corroborates speculation that the price will increase after the halving.
Currently it is still categorized as being at the lowest price and this is still a good opportunity to buy.

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

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.

If most people only buy during bull runs, it means very few people are buying now. Maybe that narrative doesn't quite fit. Usually people who don't understand or know the history of Bitcoin prices will probably buy Bitcoin when Bitcoin prices are really high.

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

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.

I also think the bull season will not happen when the halving happens. It will take at least 1 or even 2 years after the halving if you look at your charts. or maybe sooner at the end of this year or early next year.
the situation is of course very likely to be different. but looking at the current price, this is indeed the best price to buy more Bitcoin. everyone hopes it will break the ATH throughout Bitcoin price history.
for those who are preparing Bitcoin investment plans currently. staying calm and persevering is the best choice.

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If we look at the graph you posted carefully, the first halving event caused the price to rise immediately. This wasn't the case with the 2nd and 3rd halving events. You can see on the image that bitcoin was following a downward trajectory the second and third time, before the prices moved upwards to reach new all-time-highs. It's going to be interesting to see how it will act this time around.

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

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.

People buying at this time are obviously under informed or this is the time they have the money to invest into it. That’s a wrong time to buy but if they can get to buy before hitting its all time high, they can still get some profits from the investment.

Quote

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 the best strategy to use if you’re a holder of bitcoin and if you follow it closely, you’ll be amongst the people that will succeed and make a lot of profit after the bull run when it is at the peak.

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

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.

I think until they can't afford, it is always the right time to adopt Bitcoin for those who are holding Bitcoin for long-term. Among the long-term holders, you will find several types of long-term holders, some may be holding for one year, some for four years and some for 10 years. Those who are genuine long-term holders are always holding Bitcoin whenever they get the chance.
For those who invest in Bitcoin only focusing on the bull-run, now is definitely the opportunity to buy Bitcoin because I also think that the price of Bitcoin will be around 40k to 50k range in 2024. Moreover, if you look at the past history, Bitcoin always start bull market during its halving period end. So I would say that whole 2024 is the best time to buy Bitcoin not just the first quarter.

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Quote from: Smack That Ace on January 18, 2024, 04:03:20 AM

Buying bitcoin during bull season is actually a bad idea, but the future is unpredictable. None of us have evidence to prove that history will definitely repeat itself again, it's all just predictions and nothing is certain. Therefore, the idea of buying bitcoin when the halving event takes place is not really a good idea.

I agree with you, DCA is the best way to buy bitcoin that we have because no one can know when the bull market will come and bitcoin will make a new ATH. I also hope history repeats itself, but I will not be subjective to the point of not having a backup plan like many others because the future is unpredictable. Everything is possible.

The upcoming halving of Bitcoin's block reward is undoubtedly a big deal. I mean, in the past we've seen some wild price jumps after these things and makes sense - less new bitcoin being created means increased scarcity. But, as you know, nothing's guaranteed here. Maybe history rhymes but it doesnt always repeat.

Still, the halvings do get people all excited and dreaming. And perception shapes reality in investing. So I'd be lying if I said I didn't have a hunch 2024 is gonna be a good year for Bitcoin holders. Of course a whole lot else factors into prices too.

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Quote from: abel1337 on January 18, 2024, 03:31:10 AM

We can't tell what might happen after this years halving, it can be the same as the past bull market where it gained a momentum first before skyrocketing or it might go the other way. All we can do is to speculate with the history and speculate on where and what price should we buy to maximize our profits. My take on buying on halving is it is fine for me for others to buy, I'm sure that when the bull market comes, we all hodlers will be making profits. DCA is a good strategy for me to apply in this situation, you don't need to wait till halving to accumulate. It is proven and tested by me since I'm bullish on bitcoin since last year.

Buying bitcoin during bull season is actually a bad idea, but the future is unpredictable. None of us have evidence to prove that history will definitely repeat itself again, it's all just predictions and nothing is certain. Therefore, the idea of buying bitcoin when the halving event takes place is not really a good idea.

I agree with you, DCA is the best way to buy bitcoin that we have because no one can know when the bull market will come and bitcoin will make a new ATH. I also hope history repeats itself, but I will not be subjective to the point of not having a backup plan like many others because the future is unpredictable. Everything is possible.

Topic: Best time to buy Bitcoin is around the time of Bitcoin Halving: April 22, 2024 - page 3. (Read 1000 times)