Topic: Bitcoin price is rising faster and faster, It is time to Buy Bitcoin ! - page 3. (Read 1320 times)

When we invest in Bitcoin, of course we have to have a plan before deciding to invest and we have to do it well so that we can get a profit from what we have invested and we will not be able to know what the highest Bitcoin price will be so we have to be careful in deciding. to invest and it would be better for us to hold for a long period of time for the profits we want and also we must have savings for emergency funds that never know when we will need these funds so that we are not disturbed when investing.

In the past few months, the price of Bitcoin has continued to increase and last night the price of Bitcoin was approaching ATH and this indicates that it would be very good if we continued to collect the amount we could afford so that we could profit from what we collected and we should not be affected by price corrections which makes us panic and sell it at a loss.

Bitcoin price might run faster than you think. I am not here to convince any one of you but I am analytically predicting the future of Bitcoin. If you buy now and hodl it then you will remember me latter when you will be laughing and laughing.

Bitcoin is not just a hedge against fiat currency but Bitcoin is the ultimate form of money. So it is better to buy some for few years, before it goes beyond your reach. Think and grow rich with Bitcoin.

Precisely. Bitcoin is for long term so we have to deal it with long term planning and preparation. And buying at the current price might be scary as you might only lose after, but we won’t end up losing if we don’t actually sell at a loss price. That is why there is always an option for long term hodling. If you will not profit from short term hodling, then resort into long term. With bitcoin, regardless of its current high price, it’s always the perfect coin to buy and hold for long term.

Just buy consistently and hold your coins patiently. Bitcoin price is very impressive as of today and it will continue to be like that as long as there’s still no market correction. However, speculating if bitcoin will reach its value $100k 6 months from now, I’m not totally sure but one thing is certain, bitcoin that time will have a very high value, if not close to $100k, then probably above $100k. So don’t entertain negativity in the market, but focus on the positivity that bitcoin will bring in the market.

Hehe. Just because it’s pumping hard doesn’t mean that it can’t be the reverse case. Yes of course, Bitcoin can go that high as neither $100k nor $150k sounds like a lot in the long run. However, I don’t think you should invest and give Bitcoin a short time frame. If it will reach those prices in a short time then it would but allow it to increase in its own unique way and time. If you invest, sit back and watch how it goes.

And BTW, your topic title sounds like you’re rushing in… don’t end up with regrets.

when they were telling people not to buy they did not take things seriously until now, and when the Bitcoin price was people did not hear buy and hold they were not hearing the way the price is going now you can still buy since it is just obtaining a new ATH there is still opportunity I know that we can not all make the same profit does that risked everything to invest in bitcoin will make good profit now, and those that are planning to invest now will also make there profit but can not be compared with that of those that have been holding for a very long time. and there has been a serious prediction that bitcoin will get close to 100k and a lot of people are ready to take advantage of this market that is why I was joining those who were always encouraging people to always hold.

Well one thing is for sure when 2024 starts, this year Bitcoin would set a new ATH record and it already did in just the first 3 months of the year.
I wonder how high could it get at the end of this year, halving is near and I think we could expect more during and after the event.
I think it isn't hard for it to reach a six digit this year.

The recent bitcoin rally is really unexpected for me. I did expect 2024 to be a good year for bitcoins, but never thought about that the first two month would go like this. Anybody that already holds some bitcoins will be celebrating and all the people that thought about buying bitcoins and didn't do it will feel bad. The question is now if it's really a optimal time to be buying new coins? For anybody that is following a DCA approach I would recommend to keep buying. If you have been buying in the last 12 months than you already made a big profit and can afford the high prices today. I am sure we are going to see a new ATH this year and there will be more profits to come. For anybody who is looking to make a large investment now with bitcoins I would rather recommend to split your money and make smaller purchases over a longer period of time. There is always the risk of falling prices and it could take a while for bitcoins to recover and lead to a profit again.

Once you allow your emotions to get the better of you when making investment decisions, it will inevitably lead to you making a mistake. Under no circumstances should you act on a hot head. The thought that it is too late and you need to act faster will interfere with your ability to think sensibly and rationally. So first, cool down.

If the price starts to rise, then you are already too late to buy. It's time to sell.

People like you remember about bitcoin only when the price starts to rise. What were you thinking about before it?

If this happens, then good. If not, then to hell with it. Why do you put a time frame of 6 months at the forefront? I am sure that within 6 years, the price will certainly exceed $100 K. Try looking at longer time frames.

Maybe yes, maybe not. We'll find out on December 25th.

Well, no one can really say what the exact price value of bitcoin will be in December 2024; everything that the community will say about the price of bitcoin will remain speculation for now. So the only thing we can do is decide whether to continue saving bitcoin or not.

Now, if you want to know the answer to the question you made in the title, the only thing I can tell you is that only you know whether or not you should buy Bitcoin, not what other community members will say on this forum platform. .

Indeed, Bitcoin is used by many people to trade, whenever you want to buy it is certainly not an obstacle for all of us, it is an individual's right, regardless of whether the price of Bitcoin reaches $100-150k, basically the price of Bitcoin always increases and changes in price.

People's beliefs about Bitcoin vary, the point is, never forget to monitor Bitcoin price developments in the market at all times, the aim is not to lose, analyze, predict, Speculation and information about Bitcoin is important, Bitcoin has its own formula for users so that everything can be achieved well.

There is no guarantee that Bitcoin will reach $150K in 2024.  Also, you cannot say for sure that Bitcoin will be $150k in 2024. But our next bitcoin halving is very close probably in April bitcoin halving will start a few months after the halving the upcoming bull run in the bitcoin market will start if the bull run starts in the market then maybe bitcoin will reach its maximum high. Here we are not technically analyzers due to which we cannot do proper analysis. But if you have a strong desire to invest then of course you can do it from instant market and also you can invest using DCA method. There is no fixed time to invest in BitCore, you can invest at any time.

Bitcoin price rising faster and you think it's the right time to buy now? Buying bitcoin now just means you'll not get to make more profit as others who bought with little amount during the bear market, it's obvious that the price of bitcoin is increasing or you will want to buy and wait for another bull market if only you can wait. No one can stop you from buying now cause investors still accumulate during this season.

Who knowns? This is another speculation and you can also predict yours, that's just our view towards bitcoin market, everyone has the right to predict differently, seeing this speculation now doesn't necessary mean the person is 100% right.

Why didn’t you buy when it was bearish? The bitcoin is in a bullish trend now and these are times that short term investors take profit and long term investors watch their profit grow before getting to hit their targeted price. If you’re FOMO as you’re exhibiting, you’ll buy at a very high price and won’t see a significant profit overall when you come to sell them. It is not too late to buy bitcoin as it has been anticipated severally to cross the $100K mark, but advisable to buy when bearish than to buy when bullish. Hoping for a retracement soon after this big move in the market.

I know because of the price of bitcoin is increasing on a steady many people would want to invest in bitcoin,  well it is not bad but it is important people shouldn't be carried away because of the increase of bitcoin price and invest more than what they can't afford to lose. Bitcoin is increasing but you can't tell what will be the maximum price bitcoin will hit. Affording with the amount that one can afford to lose is the best decision to make than investing too much amount of money in Bitcoin.

of course it's scary when buying bitcoin at a high price, if for daily or short term trading, the recovery period will take the next 4 years to reach the initial price we bought, those who bought when btc was high in 2021 are also up to today if they bought at the price of 69K yet Return on purchase capital, it still takes time to achieve their target of getting maximum profits

Totally a FOMO but it does make sense to buy now for short-term gains if you ask me but for a long-term one, there's going to be a time that it's better to buy more and the price at this point is definitely going to go down anytime soon because other people are shifty too about the price being too high really fast, there's bound to be a correction somewhere and you don't want to buy a lot of bitcoin right now when you can't see yourself being strong or not succumbing to panic when the correction starts. Best thing to do in my opinion is to do a DCA still because that way, you're not totally missing out since you're still investing satoshi by satoshi and you're safe in the case that there's a price connection and you're not shocked when it happens because you've taken your investment real slow. That's just my strategy on this current price but there's others that might be more effective when it comes to investing in such a precarious situation, after all, what works for me might not work for you or probably worse do something that will lead to the opposite direction.

Another tip that I'd like to add is you can probably benefit from saving some fiat too so in the case that bitcoin's price goes down then you can probably get some more value out of the bitcoin purchase compared to just doing DCA alone.

Everyone knows, recently the price of Bitcoin reached $61k+ and for some currencies, such as IDR, BTC has reached a new ATH because the IDR/USD rate has changed quite significantly compared to the rate when the previous ATH was formed.

Stay careful, and keep doing DCA because there will be a possibility of a pre-halving correction (we don't know the exact time), so DCA is still the best way so that you don't get a purchase price that is too high at this time.

Apart from that, because in a while we will enter the halving phase, many people need to be reminded that withdrawal strategies are also important. In order to get maximum results, you don't have to sell 100% at once, because we can still monitor market movements during the halving and we also never know the ATH point before a bearish market occurs.

Please use this strategy for all of us to calculate: https://bitcoindata.science/withdrawal-strategy

It's time to decrease your allocation bro if your using DCA its such a risky move to buy bitcoin now that we are well in the noman's land and expecting a new ATH soon, if you buy now you might well get caught up in the bear if it suddenly comes and just imagine the loss on your portfolio buying at the top, I'm not saying we are at the top yet or it's too late to buy bitcoin what I mean is that it's better to invest very little cash unless you have back up funds to buy back if the price suddenly drops to even out your average buying.

Bitcoin's on a crazy rocket ride lately, huh? It's like the train's leaving the station, and everyone's scrambling to hop on board before it's too late!

As for whether Bitcoin's gonna bust through that $100K mark in the next six months, well, who's to say for sure? The crypto world's like a wild jungle, man. But if it does, you best believe we're headed straight for that $150K milestone by December 25, 2024.

But hey, ain't no crystal ball here. It's all speculation and vibes at this point. So, if you're thinking about snagging some Bitcoin, might as well buckle up and enjoy the ride, 'cause it's gonna be one heck of a rollercoaster! 🚀