Topic: Best time to buy BTC NOW? - page 8. (Read 2476 times)

you are 100% right about that. Now is the best time to buy bitcoin. before this chance missed. it is possible that this might be the last bear market for bitcoin.
Bitcoin's demand and mass adoption constantly increasing. and I feel like it would be difficult to buy bitcoin at this price after few months. so anyone who want to invest in Bitcoin should finalize their decision asap.
Halving will change a lot of things.

I guess it's high time to buy now. Halving is near and the price is guaranteed to pump. Even if there will be a dump happening before then, it's going to be very short-lived. So yeah, buy now for your peace of mind before the halving fomo starts. Bull season is right around the corner. 

The Bitcoin market was down a lot, but now it is back up again, however we know there is time to buy Bitcoin if the investment is long term. You are right, when the market goes down a few percent, investing can be very profitable. Currently we are in February, but the market has not gone down much, but its price is going up a lot, so those who invested when the Bitcoin market was down must have made a lot of money this time. Before bitcoin halving I saw some market move towards crocodile, but now it is up again so may be more price of bitcoin in coming days, but dumping doesn't seem to happen.

Yes, of course we have to buy when we have the capital and also the opportunity to collect the amount of Bitcoin we want to collect and most importantly we can understand the market conditions well when entering the market so that we don't make a mistake in deciding to buy or sell.
Buying at a low price and selling when the price is high will be very profitable for us, but we don't know for sure about the market which can change at any time and if we buy it it must be according to the ability we have so that we can withstand it if the price movement is not as fast as it is now.

I think waiting for a little bit longer would be better and that's what I plan to do so because for me it is still too early. There is no enough confirmation yet for a bullrun and therefore, a price correction could still take place. The confirmations I am checking are higher rte of volatility, most of the projects are succeeding, and higher market volume for major coins in the market. A huge news will be also contributing to this like with the previous ones. Also, I do expect it to happen months after the halving itself. Nothing guarantees the right or perfect timing to buy but if you know to yourself thaat you can endure whatever direction the market goes right now, then investing at the moment would still be fine, and wait for things to again reach the previous ATH.

My take is for you to know your tolerance as an investor especially with loss. If ever you choose to invest right now, and a huge decline happened in the market, would you be able to be consistent of holding? Loss is temporary as long as you can endure seeing it and will just be permanent if you will choose to cut loss and sell early. Eitherwa is valid and dependent with your financial stability and capacity outside your bankroll. But if you know to yourself that you cannot, then don't rush things.

You got it right. Both DCA and Lump sum are profitable though Lump sum is more lucrative then DCA but it requires huge capital which is not manageable by everyone. If you dont have huge money rather have small money then better to invest in Bitcoin in DCA manner. Following are results of investing 10$ weekly into Bitcoin for five years.


https://dcacryptocalculator.com/bitcoin


https://dcacryptocalculator.com/bitcoin is best tool where you can go and see the results of DCA. Bitcoin is for long term no matter you choose DCA or Lump Sum. You can win occasionally if you invest for short term but real success is in long term investment. 

I think the right time to buy Bitcoin is whenever you buy Bitcoin. Why didn't you buy bitcoin and encourage others to buy it when it was under $20k a few months ago?
However, we didn't know exactly how Bitcoin worked and we weren't aware.
Because you must be aware of the risks involved in getting involved in cryptocurrencies. So every time you go to dip and buy bitcoins, you have to buy DCA (Dollar-Cost Averaging) according to your ability. Which, will help you a lot to save bitcoins and reduce the purchase price.

The best time to buy will be only in a bear market, but I am of the opinion that you will not be able to determine when the bottom will be and when to buy, so it is worth dividing your funds into equal parts, and start buying after a certain period, or on corrections, in my opinion. In my opinion, this is the strategy that can allow you to get the optimal average purchase price.

You can, of course, try to guess when the price will reach the bottom, but it will be like playing the lottery, just trying to guess. You may or may not be lucky, so having a clear plan will help you act without doubt, and get a good result.

from my understanding I don't think that we have a particular time we can purchase a Bitcoin because I know quite well now Bitcoin is something that is unpredictable and it may because of the price is low and you purchase Bitcoin maybe after sometimes the price will also increase so we don't have a specific time for someone to purchase Bitcoin but the thing is that you have to only wait when there is a bearish market you can purchase as you like for long time investment instead of short time investment

This is the best moment to buy, I see that when the market goes up a little it immediately goes down again and currently the DCA method is very suitable to use exactly as you suggest.

I think if there are those who want to play short even though it looks like this now as I said above, they might be too naive if they only want to take advantage of a few dollars while the bigger moment is very real in front of their eyes.

I disagree that it's not the best time, compare to the potential price that bitcoin will go to when it finally starts to pump, it's going to be blowing our minds away at how big the price increase will be and that we would be saying that time that we should've brought when the price was still around 40k, we would all be mad about our decision this time to think that this isn't a good time. DCA will definitely help with that doubt that it's not the best time to buy bitcoin but make sure to go big whenever you get the chance. Regards to risk, you're better off not thinking about that because at the end of the day and if you're in the long-term with bitcoin, you will win back what you've invested plus a lot of profits because bitcoin always goes up.

Better time than 2023 is coming to buy Bitcoin then people don't buy so much money and those who bought it now have a fairly good level of income. Almost if each person buys one BTC then the profit has become a lot of money, but I think the current price is quite low.  Yes but in future it will increase in price and it will cross 100k and its price will not increase for sure even if it stumbles a bit it will never let you down but I think you can keep it at the current price I think I myself have bought some as long as it is available.  But I hope its price will go up very soon because it will always be like this.

Yes we all know Bitcoin is digital currency. Many people wait for the right time to invest in Bitcoin, but we don't know when is the right time to buy Bitcoin. Many small investors think that when the price of Bitcoin falls, they will buy Bitcoin and start investing, but when they see the price of Bitcoin rise from there, they look surprised and regret.

For those who cannot afford to buy large amounts of Bitcoins, it is very easy to invest in Bitcoins using the Dollar Cost Averaging method. But if you invest in this way, I think you should spend your investment journey for a long time ie your investment journey should be at least four years. With dollar cost averaging method we start our bitcoin investment with very small amount of money and if we don't hold long term the invested bitcoins with this small amount of money we will fail to reach our desired goal.

Yeah the lump sum approach s more profitable, but not everyone can afford to buy 1 BTC or more at a go, that's why people opt for the DCA approach. The DCA may not be as profitable as the lump sum approach, but I think it is better to crawl towards your goal than sit and wait for your goal to come to you.

Bitcoin hovered around $49,000 highs on the news of ETF approval and after the approval but saw some dumping in the market since the approval. Even if some dumping occurs, it may not be panicked because people have been able to exploit this dumping. But those who invested from the dumping market may now be successful in their investment. But this dumping may not be the dumping that will occur before the Bitcoin halving. Those who have not invested can wait or continue investing using DCA method as investing using DCA method will not make you vulnerable to market volatility. But those who are restless to invest can invest or those who want to see more dumping market to invest can wait but dumping will happen before the market halving.

l think now is the right time to buy bitcoin, although anything can happen, and the price will decrease, it will not decrease all that much, and  it will eventually go up much higher than this, considering the past record. However anyone who wants to  make a purchase or an investment, needs to make proper research before doing such.

No one can tell whether it’s the best time to buy now or not because the price can be always deceiving. But if you won’t be buying these days, when are you going to start your investment? That’s why I probably understand why majority here want to emphasize that now is the best time to buy because bitcoin price is still in the process of achieving its new all time high, but when it’s already at its peak price, then it would be harder for us already to spend for that very expensive amount, even if we will apply DCA.

I believe it’s now or you’ll gonna miss a good opportunity again while trying to keep on waiting the perfect market entry. That’s what mostly happened to those who are hunting for its lowest price when we all know it’s hard to tell if it’s the lowest or not.

Short-term price declines also need to be taken advantage of by everyone who believes in Bitcoin, because that way everyone can gain long-term profits when they buy Bitcoin in a downturn. Determining the best time to buy Bitcoin is indeed complicated, but that doesn't mean it will always be complicated for everyone because those who have long believed in Bitcoin will always take advantage of all market conditions to gain profits through Bitcoin. So don't think of complicated things as a barrier for you to make a profit because this is only thought of by those who often panic when market conditions start to change.

Everyone can invest in Bitcoin as long as the capital is there and regarding the issue of whether or not it is appropriate to invest now, I think almost every time it can be very appropriate to invest as long as it is in Bitcoin. Because investing in Bitcoin is not a short-term investment like you have done before, but you or everyone can invest in Bitcoin in the long term in order to see more profits when the price increases. And now is the perfect time for anyone to do that because after the halving there will usually be an increase in the price of Bitcoin which is a very good thing for everyone.

Bitcoin is a digital assets that anyone can buy and hold for long period of time and is very good to buy now that cryptocurrency market is dip, buy and hold for the next bull run session to start.

DCA is best way to gather Bitcoin if you don't have huge capital. The strength of DCA lies in long term investment i.e. gathering for next 4 to 5 years. Infact  the real benefit of investing in Bitcoin can be seen if you are planning to invest for long term.

Here is my previous post about Lump Sum investment vs DCA calculated over a period of 4 years starting from Dec 27, 2019 to Dec 27, 2023. From this data we can see both DCA and Lump Sum are good if you plan for 4 to 5 years.