Topic: Bitcoin the coin every one should invest in - page 3. (Read 774 times)
BTC has utility, with its fixed supply, increasing demand and real life usage, it is always going to have value. However, there are so many altcoins, but only very few have any utility, most of them simply just pump and they dump, so you are not completely wrong in what you are saying about investing in only BTC. Though some people still find utility in altcoins, i.e. when BTC tx fee is high, people move to use altcoins that have low fees.
Alts still offer some utility like low tx fees and fast transactions but investment-wise bitcoin is still the king. I would say a portfolio with 80% in bitcoin and 20% in alts is a nice balanced portfolio. Even if your 20% in alts go to zero, you'll still have your 80% in btc which will generate lots of profits and offset the loss you'll take from the alts. If you choose the right alts though, you'll multiply your profits tremendously. Of course you can always go full btc but that's kind of a boring strategy. Is it safe? Yeah. Will you make money? Yeah but we all have a little gambler kid inside us who wants to bet on different stuff. Gotta feed that kid sometimes or he'll die.
but at this time it is very risky to invest in Bitcoin because bitcoin price correction time is very near so then price will dump more and more and that's why i am waiting for that
Bitcoin has already gone through a correction and now it's value is below $94k, it dipped all the way down to $92k and recovered a little now, and is moving up in value. But, who knows if it faces another correction. We aren't sure what future holds for us, but personally I wouldn't invest in Bitcoin at its current value.
Are we even looking at the same charts? From what I see, Bitcoin’s been bouncing between $96K and $99K lately. So I’m really curious where that price you’re mentioning is coming from. In the past week, it hasn’t dipped below $90K, not even once.
Kindly check the price history.
https://www.investing.com/crypto/bitcoin/historical-data
Kindly check the price history.
https://www.investing.com/crypto/bitcoin/historical-data
You are right, currently, the price of Bitcoin has not reduced to 80k, The price Bitcoin is still from 90k upward and my observation Bitcoin price is going to reach 100k before entering 2025, although Bitcoin is unpredicted, from the look of things you will know that the price is going to enter 100k, the current movement of Bitcoin has dragged many people attention even those who don't believe in Bitcoin have started believing and also having an interest in investing in it.
It is good to invest in Bitcoin but we should always remember that it is an unpredicted investment, it is not that kind of investment that we think that the price is rising and will keep rising at any time, the price might even reduce to the extent that you will start thinking negatively about Bitcoin, Bitcoin is for those who know what Bitcoin means and it will be good if those who the price of Bitcoin drag their attention went to go and know more about Bitcoin.
Given how volatile the market is right now, your mind will undoubtedly tell you that bitcoin will reach 100k by the end of next year. Some individuals have begun to regret not investing readily when the price was low, below 50k now that the price is 90k or more, if you invested when the price was 50k oyou should have made a large profit if you had invested at a higher price. Anyway, everyone who has not yet invested in bitcoin is not too late because it is volatile and no one knows what amount he will reach before decreasing, therefore any time is a good time to buy in bitcoin.
Op, you are completely correct. Bitcoin is the finest cryptocurrency to invest in since it is a powerful and reliable coin that you will undoubtedly achieve something from it if you are patient enough and invest in it for a long period. We are simply projecting that bitcoin will hit 100k before the end of the year, but no one knows what will happen in the next month, whether the price will fall to 70k or rise to 100k or more. We'll simply have to wait and see how he does, but everyone needs the coin to increase in value because everyone needs the profit from their investment.
With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.
Bitcoin has really come a long way and is now matured enough for everyone to invest
You must noted bitcoin is a top and first crypto coin and many countries are accept Bitcoin as a legal coin. and now elon musk and Donald Trump pushing bitcoin that's why Bitcoin price now just pumping. and bitcoin price hit $99,588 for first time and btc price will reach 100k it is sure. but at this time it is very risky to invest in Bitcoin because bitcoin price correction time is very near so then price will dump more and more and that's why i am waiting for that Bitcoin has really come a long way and is now matured enough for everyone to invest
With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.
Bitcoin has really come a long way and is now matured enough for everyone to invest
Because others are investing is not enough reason to just invest, because a new crypto-friendly person is entering the US presidential seat does not also mean we should persuade others to invest in Bitcoin. Bitcoin has really come a long way and is now matured enough for everyone to invest
Everyone should make their own research and be able to decide when it's the best time for them to invest in Bitcoin; currently, the market is suffering from a correction from the recent pump that just happened, which took it to $96k. Imagine someone rushing into investing in Bitcoin without proper knowledge, and this is happening in the market; won't they start panicking?
Bitcoin is the best coin to invest in; that should be based on individual decisions out of their own research, and the best time to invest in it should also be decided by the investor.
With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.
Bitcoin has really come a long way and is now matured enough for everyone to invest
The best time to buy? Well, that’s a phrase often thrown around by people without much experience here. Sure, we know there’s no perfect time to invest, but buying cheap is still the best strategy.Bitcoin has really come a long way and is now matured enough for everyone to invest
No one can predict exactly what will happen next, but it’s fair to expect a correction after a big pump. So, how can anyone guarantee a profit to those who buy in? The truth is, OP, there are no guarantees—and definitely, you can be blamed if prices drop in the coming days because they follow you. Let’s not rely on Trump’s win or any single event as a reason for prices to keep going up, because eventually, prices will dip just like before. So, I’d say don’t call this the perfect time to buy—wait for a price drop instead.
In that case, the best price that would be is the one which would be the average price over the ones that fluctuate up and down..
Which would be the price via the DCA method if applied properly.
Are we even looking at the same charts? From what I see, Bitcoin’s been bouncing between $96K and $99K lately. So I’m really curious where that price you’re mentioning is coming from. In the past week, it hasn’t dipped below $90K, not even once.
Kindly check the price history.
https://www.investing.com/crypto/bitcoin/historical-data
Kindly check the price history.
https://www.investing.com/crypto/bitcoin/historical-data
You are right, currently, the price of Bitcoin has not reduced to 80k, The price Bitcoin is still from 90k upward and my observation Bitcoin price is going to reach 100k before entering 2025, although Bitcoin is unpredicted, from the look of things you will know that the price is going to enter 100k, the current movement of Bitcoin has dragged many people attention even those who don't believe in Bitcoin have started believing and also having an interest in investing in it.
It is good to invest in Bitcoin but we should always remember that it is an unpredicted investment, it is not that kind of investment that we think that the price is rising and will keep rising at any time, the price might even reduce to the extent that you will start thinking negatively about Bitcoin, Bitcoin is for those who know what Bitcoin means and it will be good if those who the price of Bitcoin drag their attention went to go and know more about Bitcoin.
With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.
Bitcoin has really come a long way and is now matured enough for everyone to invest
The best time to buy? Well, that’s a phrase often thrown around by people without much experience here. Sure, we know there’s no perfect time to invest, but buying cheap is still the best strategy.Bitcoin has really come a long way and is now matured enough for everyone to invest
No one can predict exactly what will happen next, but it’s fair to expect a correction after a big pump. So, how can anyone guarantee a profit to those who buy in? The truth is, OP, there are no guarantees—and definitely, you can be blamed if prices drop in the coming days because they follow you. Let’s not rely on Trump’s win or any single event as a reason for prices to keep going up, because eventually, prices will dip just like before. So, I’d say don’t call this the perfect time to buy—wait for a price drop instead.
Yeah, the ones who, for some reason, didn't buy Bitcoin when it was around $30k for more than 6 months will not buy because they have seen the growth and the potential it has. Some people will always be late at a party. Those who have known about Bitcoin earlier and didn't buy because of whatever doubts they had must be hitting their heads on the wall in regret for not investing earlier because they could literally get more than 2x returns already.
There is one more thing that I want to talk about. It's true that Trump has made a lot of promises and he has been trying to be pro-crypto before the elections, we do expect a lot from him because of the promises he made, but we shouldn't forget that he is a politician after all. We should know that politicians often say a lot of things that they don't do later when they are already in charge, and I hope he doesn't do that.
Also, we need to understand that Bitcoin is a global thing, and United States stance and actions alone won't be enough for it to constantly keep growing even though it will have some impact.
There is one more thing that I want to talk about. It's true that Trump has made a lot of promises and he has been trying to be pro-crypto before the elections, we do expect a lot from him because of the promises he made, but we shouldn't forget that he is a politician after all. We should know that politicians often say a lot of things that they don't do later when they are already in charge, and I hope he doesn't do that.
Also, we need to understand that Bitcoin is a global thing, and United States stance and actions alone won't be enough for it to constantly keep growing even though it will have some impact.
The right time is now, yeah, because what choice do you have? It should have been when it was first introduced to you, but you dismissed it. It should have been 2, 3, 5 year ago, but you waited for a much cheaper price that didn't come. So, the perfect time is now. It has matured, come a long way, become more or less mainstream, and, well, become a thousand times more expensive.
But perhaps each of us has his/her own perfect time to buy Bitcoin. And we deserve it.
But perhaps each of us has his/her own perfect time to buy Bitcoin. And we deserve it.
I think now a lot of people fall back into old patterns because Bitcoin is going through a small correction and now everyone thinks it is the perfect time to wait and catch the dip, but then the next day FOMO could break out again because Bitcoin goes back up by $5,000.
That is why I think people should make a fundamental decision whether they Bitcoin is something or not and if their answer is yes, then make a plan and get into it. Some will be lucky getting the moment right when they wait, and some will get lucky if they don't wait. Bitcoin still has a level of volatility that makes it impossible to catch the perfect highs and lows. As was said before here somewhere: time in the market > timing the market.
The right time is now, yeah, because what choice do you have? It should have been when it was first introduced to you, but you dismissed it. It should have been 2, 3, 5 year ago, but you waited for a much cheaper price that didn't come. So, the perfect time is now. It has matured, come a long way, become more or less mainstream, and, well, become a thousand times more expensive.
But perhaps each of us has his/her own perfect time to buy Bitcoin. And we deserve it.
But perhaps each of us has his/her own perfect time to buy Bitcoin. And we deserve it.
The best coins to invest is bitcoin, but the right time of doing that may not have to be now considering that the market is already up and if one invested, the market may begin to go dip except if the holder is willing to wait patiently and hodl till another market season.
Bitcoin is proven a profitable asset and this is what have caused the bloom on its recent investment and the way it have been making new highs by increasing in value as its adoption also increases.
Best time to accumulate Bitcoin is in bear market especially after more than one year since ATH of a previous bull market. Because after more than one year of bear market, almost all worst things already appeared and price is going to find it bottom range and from that it will start a rally, then a new market cycle and new bull run.Bitcoin is proven a profitable asset and this is what have caused the bloom on its recent investment and the way it have been making new highs by increasing in value as its adoption also increases.
But the question is, are newbies confident enough to invest in bitcoin in a bear market? For them, not having any experience and seeing the price of bitcoin drop by 50-70% is not a pleasant thing at all. So I doubt that newbies will have the courage and confidence to invest in bitcoin during the bear season.
If an investor choose Dollar Cost Averaging DCA as his investment strategy, and more important with an investment vision for long term, DCA in a bull market is not too bad. Your DCA price in this bull run can be high or even expensive with you and many people when bear market comes, but soon in a next market cycle, expensive price today in 2024 or in 2025, will become cheap prices. It has been proven by previous market cycles of Bitcoin.
DCA is probably the best solution for anyone who wants to start investing in bitcoin now instead of waiting for the bear season. Because this will take a lot of time and they will not be confident enough to invest when they see the price of bitcoin drop. If I had to give advice, I would say people can start right now and adopt the DCA strategy.
The best coins to invest is bitcoin, but the right time of doing that may not have to be now considering that the market is already up and if one invested, the market may begin to go dip except if the holder is willing to wait patiently and hodl till another market season.
Bitcoin is proven a profitable asset and this is what have caused the bloom on its recent investment and the way it have been making new highs by increasing in value as its adoption also increases.
Best time to accumulate Bitcoin is in bear market especially after more than one year since ATH of a previous bull market. Because after more than one year of bear market, almost all worst things already appeared and price is going to find it bottom range and from that it will start a rally, then a new market cycle and new bull run.Bitcoin is proven a profitable asset and this is what have caused the bloom on its recent investment and the way it have been making new highs by increasing in value as its adoption also increases.
If an investor choose Dollar Cost Averaging DCA as his investment strategy, and more important with an investment vision for long term, DCA in a bull market is not too bad. Your DCA price in this bull run can be high or even expensive with you and many people when bear market comes, but soon in a next market cycle, expensive price today in 2024 or in 2025, will become cheap prices. It has been proven by previous market cycles of Bitcoin.
With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.
Bitcoin has really come a long way and is now matured enough for everyone to invest
Bitcoin has really come a long way and is now matured enough for everyone to invest
The best coins to invest is bitcoin, but the right time of doing that may not have to be now considering that the market is already up and if one invested, the market may begin to go dip except if the holder is willing to wait patiently and hodl till another market season.
Bitcoin is proven a profitable asset and this is what have caused the bloom on its recent investment and the way it have been making new highs by increasing in value as its adoption also increases.
Bitcoin has really come a long way because when this whole ideas of Bitcoin and allot of people didn't give it much attention because it was not that popular and people was not given to the idea but over the time Bitcoin has changed the narrative as allot of people has embraced it and it has gained much attention over the years
What happens in bitcoin and what’s currently happening with it is just something that’s normal to all other developments out there.At first, there won’t be much pressure to accept and adopt it because they don’t understand its use, and people are afraid of what they don’t understand. Now that everything is clear, you can see how massive the adoption growth is going.
Everyone has the right to want to invest in any coin, there is no compulsion that they have to invest in Bitcoin, but what is certain is that when people ask me what coin they should invest in, then I will tell them that investing in Bitcoin is the best thing they can do. The reason is simple, it has an economy, its adoption is still wide open, and it has high potential in the future. Although we can't avoid its price volatility, but if someone understands how to invest in Bitcoin and only puts money that they can afford to lose, it should not be a problem for them to invest immediately. Because investing in Bitcoin is very simple - they just need to hold and not sell at a low to prevent losses.
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Smaller countries do see in this light, bigger ones - not so much, as far as I know.
Indeed, Trump may do some good for the space, or some bad - no one knows, he is a wild card after all.
But the current people in the office (and in the Senate) are the most pro-crypto as I've read, so maybe, just maybe - it all will be good and shiny.
The problem about Trump is that he never acts in the best of the country's interest, but in the best of his personal interest and those two things aren't always congruent. He said he was pro crypto, but he also said he would stop the war even before he gets inaugurated. It won't happen. And pay attention to the detail, he said he is pro cryptocurrency, but I can't specifically remember that he said Bitcoin will be supported. I only recall how he was slowly positioning a potential crypto company founded by himself and his friends and family or whoever else was involved. Trump wants to support things he can control, and he can't control Bitcoin for the most part.
With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.
Bitcoin has really come a long way and is now matured enough for everyone to invest
Bitcoin is a great asset, I think we can agree on that given that we are on a bitcoin forum, but whether an asset is a good investment depends greatly on the price at which you can buy it, getting bitcoin for nearly 100k is not really the best move when just one year ago you could get it for much cheaper, besides the profile of the trader that is interested in investing in bitcoin right now is not someone that wants to hold long term, which would be the best justification for that move, but someone that wants fast profits, and while I think the bull market can still give us great profits, such a move is way more risky now than what it was just a few months ago. Bitcoin has really come a long way and is now matured enough for everyone to invest
With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.
Bitcoin has really come a long way and is now matured enough for everyone to invest
Bitcoin has really come a long way and is now matured enough for everyone to invest
I don't know whether Trump's agenda is to push Bitcoin specifically. From what I have heard, it is more about building his own centralized crypto empire than it is to have a decentralized currency being the most important reserve in the world. But from what I suspect, Bitcoin will be the most important reserve regardless of what his personal plans are. They can't let the train leave without them and I wouldn't base my own decision whether to buy Bitcoin or not so much on what Trump has to say. It's more about the technology itself and whether Trump could do something against Bitcoin thriving or not. But I doubt he considers doing that because at best he could slow it down by passing unfavorable laws, but if he does, they would themselves in the knee as other countries consider that an opportunity.
Smaller countries do see in this light, bigger ones - not so much, as far as I know.
Indeed, Trump may do some good for the space, or some bad - no one knows, he is a wild card after all.
But the current people in the office (and in the Senate) are the most pro-crypto as I've read, so maybe, just maybe - it all will be good and shiny.
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