Topic: Best time to buy BTC NOW? - page 7. (Read 2580 times)

Everyone has their own analysis.
Some people study market trends and historical data to make informed decisions. 
It is recommended to consult local market conditions and financial experts before doing so.

        -   Now the price value of Bitcoin in the market is around 42k more, which I think is a good opportunity to buy Bitcoin that has a discount. This is the only logical thing to do for people who believe in Bitcoin.

Do DCA as much as we can because right now the market is calm, so while it's calm, let's also take advantage to save and buy Bitcoin or other cryptocurrencies that we think will give us profit in the future.

The lowest price was March which I think was around 20k$ the drop last month wasn't probably a big drop the lowest I can remember was around 38k$ which is I think just a correction because of the ETF hype I think but there wasn't really any major drop since the market gain momentum when the price was around 20k$. Personally, I really expect the market price to drop even though the price is 42k$ which already gained a lot because just like I've said the market price was around 20k$ in March last year so we got x2 in almost a year which for sure is a great growth of momentum on the market, But at this time is where a lot of newcomers gain in into cryptocurrency so we could easily expect a lot of FUD in the market especially because of the Bitcoin halving event. Most of the traders are going to expect a huge price increase in the market if the Halving happened but in my opinion, just like in the past halving, there might be no movement or possibly just a huge drop after the event.

Probably not really the best moment to buy as much Bitcoin as you can since when the market was down on around 15k-20k$ in 2022 was the best time to buy and start to accumulate more Bitcoin since that is the lowest price that we've seen. Still with the dollar cost average I would still recommend buying bitcoin and accumulating as much as you can if you are really going to the long term and planning to sell on the Bullrun which i think is around 2025 or 2026.

We've had several discussions about this type of questions and opinions times without number here. It doesn't change anything because you'll keep on getting similar answers and suggestions. There's no specific perfect time to buy bitcoin other than when you have the means to buy. Anytime you have money to invest is the best time for you to buy regardless of the price. Some few months back, Bitcoin dropped to around $16,$17k and less but guess what, some folks still did not buy at then. I don't know if they are waiting for the price to drop to $0 or cent dollar before they could buy. If you plan to invest in Bitcoin, waiting for a decrease in price might make you wait longer. Seize every slight opportunity to accumulate more bitcoin as you can and hold.


Skeptical you mean? Why invest in something that you have no confidence or faith in? People that are still skeptical about bitcoin price should probably look for another thing to invest in. Bitcoin has been here for over a decade and the risk involved are not longer strange to investors again. I know we can not predict it future but at least, we have seen it past and we can assume the future. Worrying over this temporary downtrend is a lack of faith. After all, this is not the lowest we have seen and it always bounce back.

We don't know for sure if price will decrease or not. so it is better to avoid giving any such statements which might become wrong afterwords.
It is better to be skeptical about Bitcoin like I am.
The price might increase or might decrease we don't know but all the signs and events are currently giving positive signs. first ETF got approved. and next coming halving.
so the price increase chance are higher than decrease.

Personally, I don't have a specific schedule for accumulating purchases in uncertain quantities. Except using the DCA pattern as a strategic step which is always determined by a stable amount. However, if we want to buy in large quantities, we should look for opportunities long before the next ATH. The reason why this is done is because when prices are being severely corrected there will be a buildup of purchases in much larger quantities and it is possible that prices will remain in an unpredictable range.

Why panic when rumors of purchases made by Saudi Arabians, aren't there many people buying bitcoin every day. This panic is motivated by a lack of understanding about Bitcoin's journey and if people have been involved for a long time, they will really wait for FUD news to appear so they can buy in larger quantities due to the price drop.

Person have come to understand the journey of bitcoin and panic is no longer a big problem to face because many things have been passed by when they are involved in investing. Experience has taught us that panic will only destroy the investments we make and that remaining calm is the key.

I would say, in general, the following months are not a bad time to get some bitcoin, the best time, as always, it was a few months ago

The best time to buy Bitcoin never appears in official documentation so it is still a big secret for traders or investors who are waiting for the right time to buy Bitcoin because Bitcoin has fluctuating price movements. Bitcoin is like a double-edged investment that can make tens of dollars in just one night or you can lose it all. But with all the knowledge you have on Bitcoin investment including the right strategy and mindset, you will most likely soon make a profit from Bitcoin investment.

If the rumors are true, BTC was bought by Saudi Arabians, why should people panic to sell it. Doesn't our wealth increase even though it is small?, we must survive as long as possible if we can. Basically, if we want to invest in this asset, in my personal opinion, don't delay, buy immediately even if the price goes up, no one can predict the price of BTC. We all believe in this asset don't we, the technology created by Satoshi.

If you want to keep it for a long period of time, I also agree that anytime is the right time because as we have seen before, the price of Bitcoin will always be able to be higher in the future, but not for those who want to make profits quickly, many things that must be seen and taken into account in order to get maximum results.
And one thing that must be understood is that no one knows the price of Bitcoin in the future, whether it will be higher than the current price or vice versa.

If you have money to buy bitcoin I don’t see any point of you waiting for it to reach a particular price before you can start accumulating it, the best thing is if the money is available check how much you plan to buy it with and how you can’t feel if the price go down lower than what it is when you buy it. Buying of bitcoin as long as the person want to hold for long every time is the best time to do that what makes it the best time is that the money is available and if you don’t buy that time you might be lucky enough to meet bitcoin on that same price again.

The probabilities is what defined my interest to this answers you gave. It's obvious that every one base their conclusion on the right time on speculation no body no the right time, though one can base it's fact through past occurance but can't be certain about right time, for me everything depends on the investor or trader according to how he/she is moved in the market , as every time is right depending what you want, and how you also go about it because probabilities can't be taking from the system.

The Bitcoin market has been fluctuating for quite some time. If you want to invest in Bitcoin, you can buy Bitcoin when the Bitcoin market goes down. I think now is a good time to buy Bitcoin. op First of all you need to decide first whether you want to invest in Bitcoin?  Basically if you want to invest in Bitcoin there is no specific time or opportunity for it. Of course you can invest in Bitcoin at any time. But what you need to do in Bitcoin investment is that you have to have a long term plan. You will get success. Before investing in Bitcoin, you need to know enough about the Bitcoin market. If you don't know about the Bitcoin market, you won't be able to get very far. If we can invest with patience and long-term plan by checking the market all the time in Bitcoin investment, we will surely succeed in good investment.

The bitcoin is the suitable crypto currency to buy at any price,because the bitcoin was the stable coin in the market.The many people in the bitcoin,because they know the worth of the bitcoin.So the market is fully covered with the bitcoin investment.The trader who want huge profits in the cryptocurrency will use the bitcoin as their first mode of investment.

Because other coin may increase or decrease based on the market demand.But bitcoin alone had good demand in the cryptocurrency,surviving over a decade is not the easy one.The bitcoin as used as the payment for the workers instead of fiat in many countries.So the bitcoin had own demand in the market always.

Right now, bitcoin is priced at $43k so buying this time could be a little bit expensive but if your goal is to accumulate bitcoin before bitcoin halving hits the market, then I should say it’s still a good buy and a good idea to start buying and hodling. Otherwise, if you keep waiting for the price to drop at its dip, you might miss another opportunity to buy as no one can exactly guarantee whether bitcoin price is heading to another price increase or a price decline.

True, but no one has all the knowledge and experience about Bitcoin and it wouldn't hurt to ask others who are more equipped with Bitcoin knowledge for guidance and advice on when the best time is to buy because not everyone who owns Bitcoin knows exactly when the time is best to sell or even buy so rather reminding the OP that its his money and he can choose what to do with it, when to buy or sell his assets, instead you can offer your candid advice derived from your experience as a bitcoiner and also tell him whatever you feel would appear helpful to him in his bitcoin journey.
The essence of the forum is to learn and also teach what you've learned to other members who are in need of the same knowledge and not to be reminded that it's their money they're using to invest.

well, the best time to buy bitcoin was at the beginning of this year when bitcoin was trading between 17k-25k but at that time everyone was expecting it to go more down, and never happened so I think those people who were waiting for it to go more down missed the golden opportunity of buying which I think their bad luck.

well let's talk about the current time where Bitcoin is trading at 43k at the time I am writing this post is still kind of a good opportunity to buy as the ETF has been approved so all are expecting it will reach 100k at the end of this year and mid of 2025 it can reach 150k and hopefully will break the Gold market cap which will be counted as the biggest achievement for bitcoin because there was a time when it was trading on only some cents and now how much it has groomed after the time of its creation.

That might be best time to buy for someone but to me best time to buy Bitcoin was when its price was down to 18k$ few months back. Whats best time is a subjective thing and will be different for different person based on there strategies. If you are looking for short term goals then buying in current dips and selling when high might sound good but for long term investment there are other factors which we have to consider before buying Bitcoin. For me current time is best to sell off some of your Bitcoins which one has bought when price was under 30k$.

Market sentiment as the halving moment approaches has begun to emerge, and I am sure that when the halving gets closer we will see the price of Bitcoin increasing, so buying now is the wisest decision that all Bitcoin investors must take.
Those who wait for time will only waste energy because the price of Bitcoin is unlikely to fall in the near future, so while the halving hasn't happened yet, immediately take advantage of the opportunity to buy Bitcoin at a cheap price.

We can only buy bitcoin when we have money and the price of bitcoin is low but i think if we talk about present situation then we should not wait for further decrease and buy bitcoin if we have money. Now the main thing is money if anyone who wants to buy bitcoin should find opportunity for themselves if they possess some amount of money because there will be no better opportunity to buy bitcoin than now.

Everyone wants to buy at low cost but they don't know that what price is lower and will bitcoin go more decrease or not so this question make them confused therefore buy bitcoin whenever you have money as every coming Bull run is more profitable than passed one. We will soon see higher worth of bitcoin in current year due to Bull season which will give profit to all bitcoin holders but the profit will depends on the buying price of each individual.