Topic: Best time to buy Bitcoin is around the time of Bitcoin Halving: April 22, 2024 - page 6. (Read 1000 times)

1st halving lowest was before Feb 2011.
2nd halving lowest was in Feb 2015.
3rd halving lowest was in Feb 2019.

Literally the lowest was happen a year before halving event, which mean the lowest on the next ATH was last year! where Bitcoin price was $20K-ish.

Now you're create a thread about best time to buy Bitcoin in this year, when the best time to buy Bitcoin was the last year.

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.

That's too broad! How many months? 1? 2? 6? 24?!
For example if you take this upcoming halving, the last time bitcoin price was at its lowest was a year ago on January 2023 when price was sitting at $15k which was also the bottom. The closer we get to the halving the higher the price is going to go.

In other words, your statement is wrong. The months leading to halving are the month with highest prices not lowest. If anyone wants to buy bitcoin, they should do it faster.
The closer we get to halving, is the better time for day traders to make small profit from the quick volatility that happens with short lived ups and downs.

That's different though. The big bull runs never happen around halving. In fact halving is usually in the middle of or closer to the start of the big bull runs.
The halving bull run itself is a rather small and short lived rise followed by a small correction before the bigger rises start, historically speaking of course.

In the previous cycles the highest prices where seen the year after the halving event with a large correction in the 2nd year post halving. So yes anytime until the halving is a good time to buy or you may have to wait a couple of years after the halving.
Try to have an idea of when Bitcoin is undervalued. For e.g Bitcoin at 20k was a bargain (52 week low) and buy at these times. For newcomers whenever you invest you need to understand the utility of the product/company that you are investing in and so even during the corrections you will hold fast and won't be tempted to liquidate. So do your research, buy at discounts and hold.

We've heard this advice over again, and though it is good advice, yet we should not be 100% emphatic that Bitcoin will have that massive bullish movement. What if it drops so much before the rise? I am expecting a bullish movement myself but I will not ever expect it in an outrageous manner because of the current price of Bitcoin, it is too high and it would not be so wise for me to believe that the way it has been moving before in which it had multiple price movements that multiply the current price would happen again.

I will forever think twice in this regard and I am sure that the best that can happen now is for Bitcoin to first hit the ATH, and if successfully broken, which I know it would, will proceed higher and aim for $100,000. Anything after that is no longer on my radar, but still, my instincts are still pointing to $112,000 over this time. This means that the coin would have hit about 2 times its present ATH which is not bad at all as far as I am concerned. Halving is so powerful in Bitcoin appreciation in price but we should also be mindful of the pre-halving movements of the market, who knows if it will be negative now and in the next few months, even as we already see? It could be aggravated and it would be a plus for those who are patient, they might still buy at lower price if they could be patient and study the charts more closely.

If you want to buy at the ideal time, then $16,000 is definitely the most ideal price for the coming years, but trying to buy at any price between 20,000 and 50,000 may be considered a cheap price for Bitcoin compared to the coming years. Therefore, the time now is ideal, and it will remain so until the price begins to rise in the beginning of 2025.
Buy now if you want to trade within a year or two, and if you are planning for more than 10 years, the price at the present time will not make a difference. April 22, 2024 may not be ideal because some people buy before halving, and if a correction occurs in the coming days, it will be an ideal opportunity.

The best time to buy Bitcoin isn't the time of halving, the halving event is the last chance for investors to earn some profits if they invest in Bitcoin. The best time to buy Bitcoin is when it gets huge dips during the long lasting bear market. In the previous bear market the best time to buy Bitcoin was in December 2022 when it was trading below $17k a coin. The ones who invested in Bitcoin during that time have already made 2x profits even before the halving event.

Now the main question is when to buy Bitcoin to have profits. I think in that sense the best time to buy Bitcoin is when someone see a huge dip. Dip buying and DCA strategy has helped so many investors to earn huge profits. If someone follows that pattern of dip buying and DCA method then they will surely make a lot of profit in long term. The halving event is the last opportunity for the investors to buy Bitcoin after that Bitcoin's price will move upward most of the times.

you should be careful in suggesting when to buy, currently the price has double since it was 21000$ last year for me I would not recommend it, this will only benefit the holders and not the first timers, others where correct to buy after a few months since there were going to be corrections on the price and that is the right time not today, but appreciate how you encourage people to get a piece of the pie , though there should be right timing for buying not only by impulse and emotion.

You have to think that we will need liquidity to sell at the top, right, the people who will enter due to the hype will unfortunately be the liquidity for us to multiply our purchasing power over time.

As the saying goes: while some cry, others sell tissues.

Bitcoin is always full of surprises so the rally might actually start earlier than expected. If I wanted to enter this market, I would just make a lump sum investment today and take profits deep into the bull market. Maybe there will be a correction soon and there will be a better price to enter, but the price might as well pump and the opportunity to buy the cheapest pre-bull run coins will be gone.

If you will really look at the price level per btc, you will get disappointed because of its high price and very few can actually afford such expensive purchase.
Also, don't compare yourself to others. You have your own financial capability in this market. You will get depressed seeing those high figures and feel self-pity for yourself.

Yes the best time to buy bitcoin is definitely when it at its low but since we can’t actually predict which time the low will come and bitcoin isn’t like other Alticoins that they will advice you never to buy it’s highs because they come down not all raises again, i will advice you invest in bitcoin when you have the funds and if the price fluctuations is your problem then it is better to use the DCA method.

In the past price history of bitcoin you will notice that the last quarter of the year to bitcoin year is always bearish but last years own price was different due to some fundamental factors, had someone actually waited for the last quarter they wouldn’t have caught bitcoin at the $20k price range. If you look at even institutions like Microstrategy they invest sometimes when even the price is at a high because it’s a DCA method you never can tell which price is the lowest you will witness

The best time to buy Bitcoin is when you can afford it. I took this position because Bitcoin is still in the beginning stage and has potential to become more valuable with time. That's is why using the DCA strategy is highly recommended. It is common to for people to buy Bitcoin when the price is going high because of the FOMO. But we should always have in mind that the Bitcoin market is highly unpredictable because it could be influenced by change in political and economic policies mostly in the US.

People who kept procrastinating when to buy Bitcoin ended up not buying because they were waiting for a convenient time when the price would drop very low. I prefer to take the risk than to regret not taking it. As much as you invest what you can afford to live without, just keep stacking.

Nothing is certain, and no one will know where the peak is and where the bottom is.
The best time to buy Bitcoin is now, there is no delay in buying, because it will be a long-term investment that will give you real results.

If you continue to delay and delay buying, there will be no real action.
Buying gradually may be an option, so that when the price drops again, you can buy again at a low price.

So whenever it is and if you are ready, it is the best time to buy.
There is no definite time, before the halving, maybe the price will rise or even fall quite drastically.

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

The top? How can one really know the top
Hold till you gain a satisfactory profit
Then take some profit
Never be a nocoiner
January price might likely end up been unavailable again.
Hold but don't forget to control your greed
Never sell at a loss.

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.

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.