Best time to buy Bitcoin is around the time of Bitcoin Halving: April 22, 2024 - page 5.

tygeade

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Quote from: Silberman on January 16, 2024, 05:44:29 AM

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.

Not really, the price can go down prior to the halving and we have seen examples of this on the past, however if you want to buy bitcoin at the lowest price during a cycle then you need to do this a few months after the bear market has taken hold, as that is the moment when you can find bitcoin at its lowest price, as at the time many people are pessimistic about its future and speculators prefer to stay away from it, since they cannot obtain the profits they could before and prefer to move their money to other markets.

This is true, we are not sure what the future holds, we can't really be clear on when would be the best time to do something like this, we could assume but we can't be really certain about it, so we can't really make any big changes in the end.

I hope that we could get to a point where it would not be all that simple, and this means that we are going to end up with a lot of trouble if we are not careful. Do not assume that it is going to be all that easy, it is not that easy and we are not going to get anything major out of this. I hope that people would be able to see that working, and if it is actually good then we are going to end up with just buying "whenever" and holding for dear life until the price goes supernova on us.

kuriboh

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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.

It's difficult to say when investing in other markets or purchasing Bitcoin is best. It is essential to acknowledge that the data I am sharing is predicated on our present comprehension as of January 2022. The next half of Bitcoin is anticipated for April 22, 2024. It halves every four years. This is finished, based on my most recent update. Half of Bitcoin's value has come from increased interest and bullish market behavior. Bitcoin creation is slowing due to a halving of supply. Numerous factors influence the cryptocurrency market, and there is a complicated relationship between price fluctuations and halving events.
Macroeconomic trends, governmental regulations, advancing technology, and market conditions should all be considered when making investment decisions. Furthermore, there can be significant fluctuations in the value of cryptocurrencies, and historical performance doe only sometimes indicates future results.
Research the market and consult with financial professionals if you want to purchase Bitcoin or another cryptocurrency. It would help to base your decisions on your market knowledge, financial objectives, and risk tolerance because all investments carry some risk.

cryptodude

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The crypto market is always full of risk. So you need to balance risk management before entering the unpredictable world. Although bullish market is very tempting but without using strategic approach you will definitely not be able to profit. You have to wait before the market goes deep. Remember, if you don't buy at the right time, there is no chance of good profit.

kryptqnick

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The op's saying that the price of Bitcoin is at its lowest in the months leading up to halving, but then shares a chart that doesn't support that claim, the way I see it. The months before the first halving enjoyed a fairly high price, higher than a year before halving, for instance. Then at the second halving, the price in the months leading to it was also decent and higher than a year ago. Then the same pattern is visible, with the next halving and the price being at its lowest more than a year before the halving event.
So months before halving might be a good time to buy, assuming that the price will never return to the same price point (which does seem to be supported by the chart, more or less), but it's not the best time in general.

bonkbullet

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Dollar-cost averaging (DCA) is considered a prudent strategy for investing in Bitcoin because it involves consistently buying a fixed amount of Bitcoin at regular intervals, regardless of its price fluctuations.
This approach helps mitigate the impact of short-term market volatility, reducing the risk of making poor investment decisions based on short-term price movements. DCA allows investors to spread their purchases over time, potentially capturing both highs and lows in the market, and it aligns with the long-term potential of Bitcoin as an asset class.

By doing DCA, you'll not even have to think about the "best time to buy Bitcoin is around the time of Bitcoin Halving: April 22, 2024" Grin

Agbe

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I have not experienced halving before so I can't advocate for it for anyone to buy and the best time I have meant for anyone to buy Bitcoin was the time of 2022 when Bitcoin was 16k$ and I know that plenty people bought it at that time and now they are making profit. And we don't know how low the price will be in the halving period in this year. And we are all assuming that the price will go down in the halving time. When the time comes we will see how it will be.

KiaKia

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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.

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It's not that easy to buy Bitcoin in full whereas it is easy to take a position. The highly recommended way to do this is by using DCA, which means making similar ongoing investments either every week or month. The other important thing to keep in mind is to invest the money that can be afforded to lose. If anyone invests a lump sum amount then due to Bitcoin's volatility the value of that amount in USD may dip or rise. Since it is a highly risky approach that is why DCA is recommended.

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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.

it may or may not mate , we can expect to buy those days because in the history those
days are the season when the price is really dumping but there are things we need to consider now as
the Bitcoin Spot ETF is already approved and with that? there might be changes in the market movement
in the next coming days and months, we may not experience dumping not like the past before halving
season?

yazher

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The best time to buy is when you have enough budget with you after you have spent enough money on your essential needs, after that you could try to look at the crypto market to see if the bitcoin price is reasonable, and if it's not, you can just wait a little longer just like what sometimes happened when the bitcoin price decreased a little bit and when you see that, go ahead and buy. If not, then consider holding it until you find the right time to buy and consider it a strategy in order to maximize your earnings and avoid unnecessary decisions while you only have limited money to spend on your Bitcoin investment.

hd49728

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Quote from: Silberman on January 16, 2024, 05:44:29 AM

Not really, the price can go down prior to the halving and we have seen examples of this on the past, however if you want to buy bitcoin at the lowest price during a cycle then you need to do this a few months after the bear market has taken hold, as that is the moment when you can find bitcoin at its lowest price, as at the time many people are pessimistic about its future and speculators prefer to stay away from it, since they cannot obtain the profits they could before and prefer to move their money to other markets.

I don't know how price will move before the halving but I am quite sure that price will be up months after the halving. With this belief bases on history of Bitcoin cycles, I consider any dip before the halving will give us good prices to accumulate more bitcoin as our proactive preparation for Bitcoin bull run.

I can not say how deep Bitcoin corrections will be and any dip is good to buy. If you want to find some prices like perfect ones, you will miss dips. If you luckily see price dips to EMA 200 (daily) or EMA 21 (weekly), don't waste those opportunities to buy Bitcoin. Because when Bitcoin starts its bull run, price will mainly stay above those EMA lines.

Silberman

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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.

Not really, the price can go down prior to the halving and we have seen examples of this on the past, however if you want to buy bitcoin at the lowest price during a cycle then you need to do this a few months after the bear market has taken hold, as that is the moment when you can find bitcoin at its lowest price, as at the time many people are pessimistic about its future and speculators prefer to stay away from it, since they cannot obtain the profits they could before and prefer to move their money to other markets.

Luzin

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2 periods past the halving period, the ATH price is always reached after a few months. Maybe this period will be the same, but it could be different. If you want to buy then start today. Indeed, many people want to get the best moment to get a lot of profit. I am also like that, but I don't have a target month to buy. What is certain is that my analysis comes in and makes me confident to buy or hold BTC. Because I always try to multiply BTC by trading other Altcoins. So don't worry, you can multiply BTC not only hold and store.

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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.

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 month towards Bitcoin halving is never a good time to buy Bitcoin because at that time the rise in the price of Bitcoin is usually relatively high due to the demand at that time which causes the surge that leads to increase in price of Bitcoin but then buy now will be much better because the prices you will get at this time is such that you may never get again as Bitcoin may be heading to a new ATH after the halving which means it may not come back to the former pris it's currently at so it's better you buy now if you want to invest in Bitcoin as against the halving and forth coming Bull run.

For investors now is the best time to start buying Bitcoin because the halving is few months away after which the bull run which will be the time prices may just increase and wouldn't be a good time to buy.

0t3p0t

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If money is not a problem to you I think now is the best time to buy because if you keep on waiting you will end up buying on higher prices than what we have today. If only money is not a problem to me I will surely buy Bitcoin on a DCA weekly basis for years because as we can see on chart prices continue to rally upwards regardless of halving.

Bitstar_coin

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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

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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.

Not really. Not everyone here is an investor nor do they understand Bitcoin's history. Surely this thread will be read by many crypto newbies who just signed up this month and are trying to understand where they should start. But they are lucky that it's not too late yet. They have come to a place where they might get some good ideas about Bitcoin.

Quote

Buy when it's low. Hold when it's high. Sell at the top.

These are ideal facts for any coins. Even though it sounds too easy, it is the hardest thing in crypto. Especially it's hard for crypto newbies like me to understand if it's already a bull run or not. We don't know if it's the correct time to buy or not. Maybe we are too late already? Bitcoin was around 27K range for a while and I am lucky that I have saved some satoshies.

blckhawk

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Quote from: NNRR on January 16, 2024, 02:33:38 AM

You can do it any time because bitcoin investment is a long time project and if you want to invest in alt coins then you can buy from now because bitcoin halving is not much time if you see the previous halvings the market starts a lot of bull run after halving so You can buy from now but before buying you should have a thought in your mind that whatever you buy buy on DCA method.

What OP is pointing out is that you can maximize your purchasing value if you buy bitcoin 2 months before the halving because that's the time that bitcoin is at its lowest and then start a really huge price pump that would lead to some getting more profit out of the bitcoin that you've brought. Yes, what you're saying is correct but you should also know when to get the most when opportunity presented itself like what OP is saying.

wtsimis

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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.

traderethereum

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If people start buying bitcoin during a bull run, they won't get to the bottom of bitcoin. In that time, the price of bitcoin has been rising little by little and if they had bought at that price, they might have seen a lot of correction in those days. That can make them worry because there is no guarantee that the price can stay at that price.
And if the price of bitcoin experiences the deepest correction again, it will clearly make them panic and some of them will sell their bitcoin and hope to buy it at the lowest price.
But they only started buying bitcoin again after the price increased instead of buying when the price was at a low price. This has happened to many people so that only a few people can actually take the time to buy bitcoin when the price is at its lowest price.
Now is still a good time to buy bitcoin because the price is still low and there hasn't been a very high increase.

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