Topic: Best time to buy BTC NOW? - page 13. (Read 2557 times)

looking for more lower price to buy again will lead you in making wrong decisions mate, instead
why not just buy now? since this is like what you said the lowest since last month and any moment now
the effect of bitcoin ETF may take place?

lets decide depending in our capacity , if you think there is enough funds to risk then why not
take it now but if you are having second thoughts then maybe try  in the other time.



It is not Rumor instead that is possibilities and if that happened together with other big guys
buying then that would be the chance we are waiting seeing bitcoin climb more in the coming days.

The price is now back above $40,000, a good entry point would have been exactly one year ago, in January 2023, when the price was $16,500. But these are 12 views, if you want to hold your bitcoin for a long time, then it is not wrong to buy bitcoin now. If you want to speculate in the short term, you can also do that with altcoins. You should hold Bitcoin and be well prepared for the coming years. So dont sell at drops, thats a very long-term approach. And there will always be positive and negative rumors, so I wouldnt just buy bitcoin because of the rumors from Saudi Arabia.

This is not just the right time to buy Bitcoin if I were you, there is FUD in the market, so you might want to be patient before making such a decision. Perhaps, of course, you want to DCA, that is a good approach for those who want to start committing their money to the market immediately, so it is regardless of whether the market is buying or selling or at a high or low level, the DCA style of investment will always prevail. So long as the asset is such that has a good prospect in the future, one will still be in profit, it is only a matter of time. But I would like to caution you that you should stop listening to what people say most times, even news reading and interpretation, they often mislead traders/investors, and if you must know anything at all, you have to know how to read your Bitcoin chart accurately, it will go along way to help you.

The market will always attract buyers and sellers whether it is from Saudi Arabia or America, it doesn't matter. What matters is the reaction on the market itself which will be revealed on the trading chart itself. That is where you can make the best decisions afterwards and not through what you can't ascertain or that will not even make the market move significantly. Finally, I advise you to resume the buy when the bullish pattern is reactivated in the market, it will go a long way to help you.

Before Bitcoin breaks its old peak, it is a good time to buy and accumulate Bitcoin. Especially when the Halving event is coming soon, I believe there will be an upcoming price increase. Recently, Bitcoin price has adjusted more than 20% from 48k to only 38k USD, so this is a good opportunity for those who have been waiting to buy Bitcoin. In investing, I see almost people often do the opposite: buy when the market is too excited, and sell out when the market has a lot of bad news and prices go down. I think that is a strategy that will always make people lose money, times like this are the best times to buy, when everyone says that Bitcoin will continue to go down to lower prices. Always go against the crowd, that's how I invest.

I agree with what you are saying, and I would add that people like the OP must understand that nobody, and I repeat nobody, knows what is going to happen. No matter the analysis, the news, the rumors, bitcoin oftentimes does exactly the opposite of what everybody is expecting it to do. The only thing we know is that there is an extremely high probability that will keep growing in value as more and more people will want a piece of the cake.

It is at your own discretion if you think bitcoin will fall below your expected level, then you should wait for it before making a purchase. But, if you want to be more safer not to miss another opportunity of buying at a lower price, then you should start buying now using the DCA method, which was quite effective for the most people who has doubts on whether or not they bought at the bottom price.
From the past decade in crypto space, people are asking this same question. I understand that some people like the OP might need 2nd, 3rd and so on opinion just to make a little sure they are making a good entry point. Bitcoin has been appreciating it's value over the last decade, so I guess the most safest answer as to when will be the good time to buy is, everytime you see a dip or a correction will a good time to accumulate more bitcoin.
I have been seeing a lot of regrets before, so...

It depends on your goals, if you are a trader and want to make profits in a short time then you need to analyze and make your own decisions. If your goal is to hold for the long term and will only sell bitcoin when it hits a new ATH or hits $100k, then buying now isn't too bad and you can use the DCA method if bitcoin drops more. Bitcoin is unpredictable and no one knows if it will increase or decrease in the future, so take the time to analyze and research yourself instead of asking others for their opinions. Because we like you, no one knows what will happen to bitcoin in the future.

We have to make our own decisions. Likewise, when you buy Bitcoin is entirely your decision, not someone else's. If you say when was the best time to buy bitcoin I would say the best time to buy bitcoin was last decade which you missed long ago. So don't miss that opportunity and start buying your bitcoins now because the best opportunity is still there.

After the approval of the Bitcoin ETF, the price of Bitcoin increased significantly. But now the price of Bitcoin is running lower. Many investors will buy a lot of bitcoins at this low price and many are buying bitcoins constantly of the DCA method. So I would say that you can buy bitcoins at any moment without waiting for the best time to buy bitcoins with dollar cost averaging (DCA) method and hold it for a long time. Investing in the dollar cost averaging (DCA) method will be much easier for you and even easier for all of us to invest in this method.

You are doing an analysis of buying bitcoin, but with your database it has no bearing on whether someone should buy bitcoin. The scope is too short to evaluate and the news is not strong enough to attract attention. It is still the old story of when bitcoin season is a topic that always receives attention, and is now the time appropriate or not? For me, the strategy I have built is to wait a little longer to buy more because I also hold bitcoin and have no intention of exiting early. And if bitcoin does not fall deeply, I will also choose bitcoin accumulation plans that suit my personal finances. We invest based on personal understanding, and in accordance with personal finances, not depending on anyone's supposed advice, just consulting and re-evaluating with close friends, don't rush to apply everything.

It's often suggested by financial experts that we should buy Bitcoin when many people are panicking due to fear. This presents an opportunity to increase holdings. However, it's impossible to predict market trends, which is why it's wise to purchase Bitcoin whenever there is a sudden drop in the market. Don't wait for the deepest possible price of Bitcoin because no one can identify what will be the deepest before it goes up again.

Many times many wrong news comes in the market but without verifying the truth of that news we get excited and we sell our investment in excitement so that our investment does not get lost. Not knowing how true the news is, every time we sell Bitcoin, the price drops a bit.  It is natural that when investors keep selling their investments only, the investors will gradually reduce the market value and this will have a negative effect on the market. The market is now very bearish and the market has dumped a lot from the highs. There may be a big reason behind such a huge dumping but since the big reason is responsible for the dumping, if there is good news in the market then the market will go up again because people will pay more attention to buying bitcoin than selling after getting good news.

Yeah, I think it's perfect time to buy now. While the price has corrected quite a lot, I believe there is growing accumulation in general. It's just that there are those who bought much earlier, before the SEC announcement of the spot Bitcoin ETF approval was released, and they're taking profit now. Besides that, there is also the FTX bankruptcy estate dumping their Grayscale shares. I think this round of correction is basically brought by these. This is all temporary and they're probably about to end. We're probably on the road to recovery now.

Nobody can say if this is the best time, everything is possible. Personally, I tried to buy as much as I could below $30k, then I bought something again around $38-39k, and then it went up to $48k if I recall correctly. At this point it could go down again around $36-37k, in that case I would try to buy something more, for sure the more it stays below $40k the better for me, I'm trying to save money to buy more.

As the market is now much lower than it has been at other times, it looks like now is a very good time to buy Bitcoin. Since the price has come down by around $10,000, buying Bitcoin now has a relatively high profit potential. However, an investor can now only invest with the idea that there is a possibility of profit, but it cannot be said that he will make a confirmed profit. The market can go down from the current state and the market can go up. The market has been gradually moving upwards for a long year and in the beginning of 2024 we have also seen the market positive but the market has been dumping for some time. A support must be created at the current position of the market and if the support can be created then the market will go up again but if the support breaks then the market is likely to go down.

It all depends on what percentage of the deposit you are now going to make a purchase with. If it's a small percentage, say 1-2%, then it's not a bad idea. If you want to buy bitcoin for at least 30-50% of your deposit, then I think that this is a rather risky undertaking. I believe that Bitcoin not only can fall, but it will actually fall and much more. Than most holders can imagine it. We haven't really fallen in a long time. And most likely we will update the 15K level, but not immediately, but over at least 1 year.

No.
The best time to buy Bitcoin was in 2022 when everything was a freefall. When everything is panicking and selling their coins. When every market is going down, that's the best time to buy. Bitcoin is going down at that time, and that's the best time to buy.

Seriously, why are you asking this? I don't think that relying on our opinions would be a good idea for you to when to buy. I mean we can say that the best time to buy is when Bitcoin is at $48,000. If we say that, will you follow it? If we say that the best time to buy Bitcoin is when it goes down to $20,000, will you follow it? I mean there's nothing wrong to ask, but relying on our answers isn't a good thing. Have your own decisions. Learn to read the markets. Learn a bit of TA so that you will at least know what's the good time to buy, because TBH, there's no such thing as "BEST TIME TO BUY". I can consider buying at $48,000 the best time, and many can consider buying at $40,000 the best time. It all depends on you.

Overall, I will just wish you good luck, and I hope you will decide for yourself.

You know, if you take a long-term view of Bitcoin, you can buy it at the time or day when you have Bitcoin to buy. You don't need to ask or find out if this is the right time for you to buy Bitcoin.

Or at another point, you say that you think this is a good opportunity, because, in my opinion, the best opportunity to buy Bitcoin is the opportunity you have to buy it because you apply for it. At i don't see anything wrong with that things I guess.

DCA is the key. If you unsure if you should buy or wait, just buy the same amount every month. It pays off in the long term.

I personally think it's a pretty good time to buy bitcoin being that it has fallen below the 40,000 mark. (which pisses me off but that another story).  I think once institutional clients at firms like Blackrock that have opened bitcoin ETFs find out how easy it is to buy now, they'll jump on board..but we need another spike.

I of course as always would recommend dollar cost averaging in..because who really knows.

I agree because once we will start to pump, for sure a lot of people will regret again for not buying. But now, most of them feel fear also not motivated to buy.
Well, it's up to them, we are just here to speculate. Overall what I can see now is price correction because of our recent pump.