Bitcoin the coin every one should invest in

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

It's not yet even a month but look at the price when OP posted this and compare it to the price now. That's something amazing that we have to realize how far Bitcoin can do in less than a month of timeframe.

And that is true that with the upcoming sitting of Trump into presidency soon. There could be more to the market.

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

Bitcoin has really come a long way and is now matured enough for everyone to invest

More convenient to invest now and no more people trying to make fun of us whenever we talk about Bitcoin in the public.

?

Activity: -

Merit: -

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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

Good to hear all this about Bitcoin please sir am new here so I want to know more about the Crypto currency
And how I can start investing.

?

Activity: -

Merit: -

Now is an excellent time to consider Bitcoin investment, with its price surging and a crypto-friendly leader promising a supportive environment. Bitcoin's maturity makes it a strong choice for investors.

Nwada001

hero member

Activity: 798

Merit: 702

Quote from: Accardo on November 30, 2024, 09:32:13 PM

Bitcoin has probably stayed ahead of 90k for a while, and it seems the price won't fall easily, except something strange happens to the market. Buying now could be a better choice regarding the fact that Bitcoin will surpass this price someday. Despite the speculation of what the bear market would bring in, snatching Bitcoin at this period would demand consistent hodling of the coin.

It's really taking bitcoin time to cross above this $90k level, and it's also showing strong resistance not to fall below that price. The month of December is just getting started; let's watch and see what it has to offer us.

For the main time, anyone who has plans to buy and hold now should be considered as one of the best times. We can't predict which level it will run to the moment it's able to break through this $90k level; maybe we will climb to the $100s and reside there.

2Pizza410000BTC

sr. member

Activity: 602

Merit: 317

WOLFBET.COM - Exclusive VIP Rewards

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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

Everyone wants to invest, but not everyone can succeed by investing. There are some rules and regulations of investment and security issues, and one should not invest without being aware of those rules and regulations. There are many people who become very attracted to investment after hearing about Bitcoin. I want to tell those who become attracted to investment after hearing about Bitcoin, none of you should jump into investment without gaining complete understanding or experience about Bitcoin and investment. If you invest, you will have to have the ability to hold it and you will need a safe wallet to hold it. If you can hold it for a long time and provide security to the wallet, then your investment will be successful.

Samlucky O

sr. member

Activity: 504

Merit: 389

The great city of God 🔥

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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

Well from your explanation it seems you are presuming bitcoin price chart of last 2 to 3 weeks but however bitcoin has been hovering around the benchmark $94k $95k to $97k but however $100k is surely achievable. The hype of Trump has really captivated alot of investors Leeding them to invest massively in bitcoin pushing bitcoin bull so rapidly and we are all happy about that and more and more investors will still troope in. Emediately Trump start executing his plans of bitcoin reserve asset as gold, more people will still be triggered to invest in bitcoin. Surely $100k will be quickly achievable.

Bitcoin has really come along way though, and it is the major focus of investment right now because everyone is talking about it. And I believe this sudden price increase will leed more matured minded people to invest.

LDL

hero member

Activity: 742

Merit: 671

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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 on track to hit the 100k milestone today as part of what Donald Trump promised about Bitcoin before his election came to fruition. However, one should not make a hasty decision to invest in Bitcoin because if one does not have proper knowledge about Bitcoin, it will not be very easy for him to invest in Bitcoin. Before investing he must know about the various risks involved in investment and invest fully prepared to bear his own risk. Right now Bitcoin may be making profits as it is in an uptrend but when Bitcoin goes into a bear market there will be losses instead of profits. An investor is mentally prepared for losses just as he prepares for profits.

YUriy1991

sr. member

Activity: 882

Merit: 215

#SWGT CERTIK Audited

Of course, the price increase after the previous decline has more or less led to an increase in trust and increased interest in investing in BTC, which was proven after the election process was over.

For the current decline or correction, I think it is reasonable and it won't be long before BTC rises strongly again and the 100K figure will be more real before our eyes.

Accardo

hero member

Activity: 1302

Merit: 561

Leading Crypto Sports Betting & Casino Platform

Quote from: Orpichukwu on November 29, 2024, 05:51:13 PM

Quote from: ? on November 27, 2024, 03:07:26 AM

Yes, because the price would be averaged due to investing each month at the same time.
But I would say it's the right time to invest because the correction is underway and then there would be the continuation of the bullish sentiment, afterward - it would stop probably, and then - we would see about that.

If he was waiting for the right time to buy seeing the price correction that was happening a few days ago, like something that might go below that, then he should be a little too late as he will buy from a price above that level.

Bitcoin has recovered back to a certain level of $97,400 as of the time of this comment and has reached a 24-hour high of $98,609, which more of such a positive market is on the way.

Bitcoin has probably stayed ahead of 90k for a while, and it seems the price won't fall easily, except something strange happens to the market. Buying now could be a better choice regarding the fact that Bitcoin will surpass this price someday. Despite the speculation of what the bear market would bring in, snatching Bitcoin at this period would demand consistent hodling of the coin.

Wakate

hero member

Activity: 1218

Merit: 543

fillippone - Winner contest Pizza 2022

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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

What is your reason why people should invest in Bitcoin? I was expecting to see some write up about that but that wouldn't be a problem since Donald Trump winning the election is a good reason why we should invest in Bitcoin more than altcoins. The crypto market capitalization has increased drastically we could see more adoption by the time the price of Bitcoin exceed $100k. There is more bullish run to experience in this race and Trump is going to make things more interesting with time we he takes the position of being the president of the United States. We have noticed recently that the price of altcoins are drastically falling while Bitcoin keeps going bullish.

tygeade

legendary

Activity: 2086

Merit: 1058

Quote from: Obim34 on November 27, 2024, 10:10:11 AM

Quote from: fikrett on November 27, 2024, 08:47:07 AM

I think we are not done yet Grin

Just like in 2021, there were dumps, then there would be a real, bigg correction - and then the biggest ATH of all.
So let's see where the market would bring us.

This correction we are seeing now is little to nothing on what we will be experiencing next year. Our target for this year is $100K and aside being close to reaching that goal, little dump like this should not be exempted from the track, after undergoing this movement we are exceeding our target. Many people already made the ATH for next year to be around $150K and above, which is not too much to get but extra talks on moving from $98K to nearly $80K signifies we are not ready for any further moment. Corrections are necessary to happen before we can make the best of our ATH.

Small corrections happens every time we are on a bull run, it's not that big of a deal and we need to realize that small corrections is where the money is made. Traders take advantage of that situation very well, they know that it will recover, so they wait and they buy long futures and they end up making a great return from that without a doubt.

I believe this won't be simple, but the best way to move forward would be just assuming the best could happen. In this case, the best would be just long futures and leverages that could see the price reach back to 100k levels, if you do that now, then you could make thousands on your dollar, and many traders are taking advantage of that situation with ease, because they know it will go back up.

finaleshot2016

legendary

Activity: 1834

Merit: 1010

Modding Service - DM me!

Quote from: Wonder Work on November 27, 2024, 03:01:16 AM

The Bitcoin market is a little unstable now; it is better to be patient because December was also a similar situation. It would be better to see which way the market goes and then invest. It is better not to invest in an unstable situation.

If you want to invest by maintaining DCA, then now is definitely the right time. If you invest by maintaining DCA, then there is no problem in seeing which way the market has gone; you can continue to invest regularly.

IMO, If you look at the 1D chart, BTC is not really unstable, it is just doing what it always does. December was just as brutal, and see where we are right now.

DCA is effective because you don't need to overthink about the timing but rather sequentially invest. Yes, the price in the short term can be crazy, but Bitcoin has always been like that. Like it’s always said, what goes in quiet will usually come out better in the long run!

Iranus

hero member

Activity: 1792

Merit: 534

Leading Crypto Sports Betting & Casino Platform

Quote from: ndutndut on November 29, 2024, 02:49:54 PM

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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

That’s right. Even though there are many options to invest in, Bitcoin should still be a top priority for everyone. Because besides the price of bitcoin going up like crazy, Bitcoin will also save us in tough economic times. When the dollar weakens, it could mean tough economic times ahead. So Bitcoin is a way to protect your money from inflation.

Right now, Bitcoin is in the spotlight, especially with the approval of Bitcoin ETF and Trump’s victory in the US election. So the impact on Bitcoin is very real even though Bitcoin is very volatile, but many predict its price could soar to over $100k. So be happy for those who have been saving bitcoin for a long time and those who are considering investing now. because it is never too late to invest in bitcoin and maximize profits in times like these, don't waste this opportunity.

You should only invest in bitcoin for the long term because bitcoin is a highly volatile asset and is classified as a high-risk asset. So in times of economic hardship like high inflation or recession, bitcoin will be dumped severely like what happened in 2022. Bitcoin can only protect you from inflation if you invest for the long term, bitcoin is not like gold which is always stable and maintains its value in all circumstances. So if you are planning to speculate or invest short term, don't expect it to help you avoid inflation.

We are very close to the $100k target and those who have been accumulating bitcoin for a long time have made huge profits. But for someone who is new and wants to invest right now, I am not sure about that. I mean they should do thorough research before investing instead of investing on other people's advice or Fomo.

tbct_mt2

hero member

Activity: 2366

Merit: 838

Quote from: ndutndut on November 29, 2024, 02:49:54 PM

That’s right. Even though there are many options to invest in, Bitcoin should still be a top priority for everyone. Because besides the price of bitcoin going up like crazy, Bitcoin will also save us in tough economic times. When the dollar weakens, it could mean tough economic times ahead. So Bitcoin is a way to protect your money from inflation.

On top of everything, investment ROI is important or most important with many people, to attract them to this market, and to convince them joining this market with their money. However, I see there is another biggest reason that makes Bitcoin as a best investment choice is its design, ROI is a mandatory condition, but it won't be high without outstanding fundamentals of Bitcoin. That reason is Bitcoin design with a public ledger for full transparency, private keys for full control of bitcoins in non custodial wallets for Bitcoin holders, and a decentralized network and blockchain hence there is no reversible transactions.

Without outstanding fundamentals, Bitcoin would have no or very low value, and price would have not increased a lot with time and is high nearly $100,000 now.

Quote from: finaleshot2016 on November 29, 2024, 06:52:07 PM

BTC’s growth over the years has been huge, and it has also demonstrated that it is a valuable investment as well as provided us with numerous opportunities. The price increase today, as well as the global interest which seems to rise everywhere are just two examples of how much the world has evolved.

From outstanding fundamentals, Bitcoin has very good adoption, one of greatest of all time adoptions in human civilization history.
Bitcoin Adoption Curve.

finaleshot2016

legendary

Activity: 1834

Merit: 1010

Modding Service - DM me!

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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

BTC’s growth over the years has been huge, and it has also demonstrated that it is a valuable investment as well as provided us with numerous opportunities. The price increase today, as well as the global interest which seems to rise everywhere are just two examples of how much the world has evolved.

With more adoption promoted by pro-crypto governments such as the US, there should be greater BTC potential. As always in investing, timing is very important, and perhaps now is a time for those that see it in the future. Remember, as always, to make a wise investment and only invest funds which you can afford in the long term.

Orpichukwu

sr. member

Activity: 714

Merit: 409

Quote from: ? on November 27, 2024, 03:07:26 AM

Yes, because the price would be averaged due to investing each month at the same time.
But I would say it's the right time to invest because the correction is underway and then there would be the continuation of the bullish sentiment, afterward - it would stop probably, and then - we would see about that.

If he was waiting for the right time to buy seeing the price correction that was happening a few days ago, like something that might go below that, then he should be a little too late as he will buy from a price above that level.

Bitcoin has recovered back to a certain level of $97,400 as of the time of this comment and has reached a 24-hour high of $98,609, which more of such a positive market is on the way.

ndutndut

full member

Activity: 644

Merit: 202

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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

That’s right. Even though there are many options to invest in, Bitcoin should still be a top priority for everyone. Because besides the price of bitcoin going up like crazy, Bitcoin will also save us in tough economic times. When the dollar weakens, it could mean tough economic times ahead. So Bitcoin is a way to protect your money from inflation.

Right now, Bitcoin is in the spotlight, especially with the approval of Bitcoin ETF and Trump’s victory in the US election. So the impact on Bitcoin is very real even though Bitcoin is very volatile, but many predict its price could soar to over $100k. So be happy for those who have been saving bitcoin for a long time and those who are considering investing now. because it is never too late to invest in bitcoin and maximize profits in times like these, don't waste this opportunity.

Zackz5000

sr. member

Activity: 182

Merit: 131

Bitcoin or nothing

Quote from: retreat on November 25, 2024, 12:17:56 PM

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.

That's correct though people may choose to do what they want to do but Bitcoin is most reliable coin to invest on. Bitcoin is a potential coin but the patient of hodling for long is what matters just like you said investing in Bitcoin is simply if the basic knowledge is there and the money for investment is available let it be money you won't be needing for long, with the DCA strategy an investor can accumulate Bitcoin regularly as it could be weekly or monthly irrespective of the price of Bitcoin and HODL for long provided your discretionary income, emergency fund are made ready because this will enable you hodl your Bitcoin for long without selling in a short while if an unforeseen circumstances occurs.

kryptqnick

legendary

Activity: 3332

Merit: 1404

Join the world-leading crypto sportsbook NOW!

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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 currently at $95k, which is very high and exciting. That being said, people keep making the same mistake: ignoring Bitcoin during its long bear markets, and then suddenly buying more and more at peak prices. Sure, Bitcoin can still grow significantly in price, but I do think we'll see the prices around $50k at some point in the future again, because Bitcoin historically does tend to lose over half of its value during the bear market. So unless one's doing DCA and buying at current price out of routine consistency, I don't see why buy here instead of waiting it out.

Zekiarri

newbie

Activity: 9

Merit: 0

Yeah, Bitcoin's been on a roll lately. The election definitely adds some positive vibes. Is anyone selling in spring?

Ricardo11

full member

Activity: 532

Merit: 229

Quote from: Wonder Work on November 27, 2024, 03:01:16 AM

The Bitcoin market is a little unstable now; it is better to be patient because December was also a similar situation. It would be better to see which way the market goes and then invest. It is better not to invest in an unstable situation.

Actually we are seeing a lot of volatility in Bitcoin for the past week. The market can go either way now, the current price of Bitcoin is $95,534.30, but there is a possibility of a positive pump very soon, we said a few days ago that Bitcoin can cross $100K this month, there are only 3 days left for this month to end, Now let's see if Bitcoin makes a good pump in these 3 days. But yes, it is very likely that if we don't see $100K this month, then we are going to see $100K next month.

Obim34

sr. member

Activity: 476

Merit: 308

Quote from: fikrett on November 27, 2024, 08:47:07 AM

Quote from: Faisal2202 on November 27, 2024, 08:22:41 AM

Quote from: fikrett on November 26, 2024, 12:25:43 PM

Yeah, correction, and a big one at that, would be obvious.
It already happened on a smaller scale in fact in my opinion, getting those longs with leverage off the grid.
Now the question would be how much the BTC dom factor would fall off from that.

Dominance of BTC will be decreasing with time as for one, people will sell their BTC, already people are selling $2 billion worth of BTC as a whole only in profit on daily basis and according to some data long term holders are still holding so dominance won't reduce in a fraction of time but in parts. These 6 months are crucial for BTC dom and it's price as bull season is about to end and people are speculating on alt season.

Means, they will be finding the next alt that can make them 5x atleast because after making profit from BTC people are more greedy haha like me. So, money is getting out of BTC and will be getting in alts so, dominance will decrease, and for two, more and more tokens and memes are introduced in the market in daily basis which is also eating the dominance of BTC.

I think we are not done yet Grin

Just like in 2021, there were dumps, then there would be a real, bigg correction - and then the biggest ATH of all.
So let's see where the market would bring us.

This correction we are seeing now is little to nothing on what we will be experiencing next year. Our target for this year is $100K and aside being close to reaching that goal, little dump like this should not be exempted from the track, after undergoing this movement we are exceeding our target. Many people already made the ATH for next year to be around $150K and above, which is not too much to get but extra talks on moving from $98K to nearly $80K signifies we are not ready for any further moment. Corrections are necessary to happen before we can make the best of our ATH.

betswift

copper member

Activity: 280

Merit: 5

Quote from: icalical on November 27, 2024, 08:14:31 AM

While Bitcoin’s recent bull run near $100k has sparked excitement, its sharp 9% drop show that the market is still volatile. Many investors who bought at the peak may get scared and start panic selling, which wouldn't be deal for those new to crypto. Even with a potentially crypto friendly US administration, regulatory changes take time, and other factors like inflation could still impact Bitcoin’s performance. I think even though I am also positive about Bitcoin bull run we need to still consider risks and not just the hype before investing.

People like you described have shaky hands and don't know that much about BTC.
If they knew a fraction of the knowledge needed, they would know that this dump in price is temporary, and there would be such cases here and there during the rally.
The biggest ATH is still upon us.

fikrett

copper member

Activity: 126

Merit: 6

Quote from: Faisal2202 on November 27, 2024, 08:22:41 AM

Quote from: fikrett on November 26, 2024, 12:25:43 PM

Yeah, correction, and a big one at that, would be obvious.
It already happened on a smaller scale in fact in my opinion, getting those longs with leverage off the grid.
Now the question would be how much the BTC dom factor would fall off from that.

Dominance of BTC will be decreasing with time as for one, people will sell their BTC, already people are selling $2 billion worth of BTC as a whole only in profit on daily basis and according to some data long term holders are still holding so dominance won't reduce in a fraction of time but in parts. These 6 months are crucial for BTC dom and it's price as bull season is about to end and people are speculating on alt season.

Means, they will be finding the next alt that can make them 5x atleast because after making profit from BTC people are more greedy haha like me. So, money is getting out of BTC and will be getting in alts so, dominance will decrease, and for two, more and more tokens and memes are introduced in the market in daily basis which is also eating the dominance of BTC.

I think we are not done yet Grin

Just like in 2021, there were dumps, then there would be a real, bigg correction - and then the biggest ATH of all.
So let's see where the market would bring us.

Faisal2202

hero member

Activity: 1428

Merit: 513

Payment Gateway Allows Recurring Payments

Quote from: fikrett on November 26, 2024, 12:25:43 PM

Yeah, correction, and a big one at that, would be obvious.
It already happened on a smaller scale in fact in my opinion, getting those longs with leverage off the grid.
Now the question would be how much the BTC dom factor would fall off from that.

Dominance of BTC will be decreasing with time as for one, people will sell their BTC, already people are selling $2 billion worth of BTC as a whole only in profit on daily basis and according to some data long term holders are still holding so dominance won't reduce in a fraction of time but in parts. These 6 months are crucial for BTC dom and it's price as bull season is about to end and people are speculating on alt season.

Means, they will be finding the next alt that can make them 5x atleast because after making profit from BTC people are more greedy haha like me. So, money is getting out of BTC and will be getting in alts so, dominance will decrease, and for two, more and more tokens and memes are introduced in the market in daily basis which is also eating the dominance of BTC.

icalical

sr. member

Activity: 1400

Merit: 268

Enjoy 500% bonus + 70 FS

While Bitcoin’s recent bull run near $100k has sparked excitement, its sharp 9% drop show that the market is still volatile. Many investors who bought at the peak may get scared and start panic selling, which wouldn't be deal for those new to crypto. Even with a potentially crypto friendly US administration, regulatory changes take time, and other factors like inflation could still impact Bitcoin’s performance. I think even though I am also positive about Bitcoin bull run we need to still consider risks and not just the hype before investing.

Smack That Ace

legendary

Activity: 2002

Merit: 1109

Free Free Palestine

Quote from: Wonder Work on November 27, 2024, 03:01:16 AM

The Bitcoin market is a little unstable now; it is better to be patient because December was also a similar situation. It would be better to see which way the market goes and then invest. It is better not to invest in an unstable situation.

Unstable? If you think bitcoin price dropped from $99k to $92k and that makes bitcoin unstable then I disagree with that thinking. I find that normal because no asset can go up vertically without correction. Bitcoin has been steadily rising from $69k to $99k in just 2 weeks since the US election and a Bitcoin price correction is inevitable and necessary. I don't know how long this correction will last but we are in bull season so this correction cannot last. So this is the right time to invest or buy more, don't wait for bitcoin price to increase again to start buying.

Cryptmuster

legendary

Activity: 1904

Merit: 1176

Glory To Ukraine! Glory to the heroes!

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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

This is a misconception, but unfortunately this is exactly what happens, when Bitcoin reaches its highs in a new cycle, there are many who want to buy it because it seems to them that this growth will continue indefinitely, but in fact, everyone who buys now has a very high chance of becoming long-term holders who will wait for the next bull market for several years, and I even assume that most of them can sell them cheaper than they buy, because they get tired of waiting. This is how the market works, and Bitcoin should be bought in a bear market, when the price is falling and not growing...

?

Activity: -

Merit: -

Quote from: Wonder Work on November 27, 2024, 03:01:16 AM

The Bitcoin market is a little unstable now; it is better to be patient because December was also a similar situation. It would be better to see which way the market goes and then invest. It is better not to invest in an unstable situation.

If you want to invest by maintaining DCA, then now is definitely the right time. If you invest by maintaining DCA, then there is no problem in seeing which way the market has gone; you can continue to invest regularly.

Yes, because the price would be averaged due to investing each month at the same time.
But I would say it's the right time to invest because the correction is underway and then there would be the continuation of the bullish sentiment, afterward - it would stop probably, and then - we would see about that.

Wonder Work

full member

Activity: 238

Merit: 177

Wheel of Whales 🐳

The Bitcoin market is a little unstable now; it is better to be patient because December was also a similar situation. It would be better to see which way the market goes and then invest. It is better not to invest in an unstable situation.

If you want to invest by maintaining DCA, then now is definitely the right time. If you invest by maintaining DCA, then there is no problem in seeing which way the market has gone; you can continue to invest regularly.

FortuneFollower

copper member

Activity: 196

Merit: 6

Quote from: Kelward on November 27, 2024, 02:52:49 AM

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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 no doubt the best cryptocurrency to invest in, even outside of cryptocurrency, comparing with gold and other valuable assets, Bitcoin investment still stands out. Except for investors who are into DCA method that keeps accumulating whether price is in dump or pump, bear run is the best time to enter Bitcoin investment. Clearly we're in bull run and price is still rallying, but nobody knows when we'll hit the peak, then bear run will kick in, so my point is that now is not the matured time for everyone to join the bandwagon. If you start to accumulate now and we enter early bear run, not to worry, in the next circle you'll you'll get your ROI, because Bitcoin is a store of value.

First, there would be a correction probably, and only then, if the rally would halt for good, the bear would come clutching all longs Cool

Of course, it's wise to invest during the bear, but you basically can't be sure when the rally will stop / the price will be corrected, so the best thing to do is to DCA or just buy via lump sum (if you are okay with not the best price at the moment) and see where it goes as the time goes on.

Kelward

sr. member

Activity: 630

Merit: 352

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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 no doubt the best cryptocurrency to invest in, even outside of cryptocurrency, comparing with gold and other valuable assets, Bitcoin investment still stands out. Except for investors who are into DCA method that keeps accumulating whether price is in dump or pump, bear run is the best time to enter Bitcoin investment. Clearly we're in bull run and price is still rallying, but nobody knows when we'll hit the peak, then bear run will kick in, so my point is that now is not the matured time for everyone to join the bandwagon. If you start to accumulate now and we enter early bear run, not to worry, in the next circle you'll you'll get your ROI, because Bitcoin is a store of value.

fikrett

copper member

Activity: 126

Merit: 6

Quote from: Z-tight on November 27, 2024, 01:30:45 AM

Quote from: Bd officer on November 27, 2024, 01:16:22 AM

Now if the target is that the price of Bitcoin can increase a lot in 2025, if you invest now with this target then you should not expect much profit, you should have a plan to sell if there is a small profit.

I bought BTC a lot earlier and i have been holding for a long time now, however if short term investors or weak hands as i usually call them, want to buy BTC now, they can still make returns next year. I know BTC has kind of exceeded what people expected for this year, so that only means that next year, at the peak of the cycle, the price can go very high, maybe $200k is even possible, so buying now is still a good idea.

I would say it can be even a bit more, and we will reach that price as well, the question is when, not if - maybe during the next rally in approximately 4 years.
And I am happy to see that you are not one of those weak hands you mentioned - those people just don't know how BTC lives on through its cycles. If they would, they wouldn't drop off their bags.

?

Activity: -

Merit: -

Quote from: jcojci on November 27, 2024, 02:09:24 AM

You are free to say that this is the right time to invest in Bitcoin. But for people who already knew about Bitcoin, they will say that the right time to invest in Bitcoin will be at a few years ago when Bitcoin price is very low.

Maybe you have consideration to invest in Bitcoin today so we can support you to buy Bitcoin and you can use DCA methods to invest constantly. Bitcoin are still young and will grow fast in the future so if you can participates in the Bitcoin investment, you will see how big your profit will grow.

I wouldn't say it would be fast, but rather when the cycles would change themselves and a bit due to the current rally behind BTC.
Totally - with BTC, the right time is any time. And I think OP should understand that.

jcojci

full member

Activity: 784

Merit: 115

You are free to say that this is the right time to invest in Bitcoin. But for people who already knew about Bitcoin, they will say that the right time to invest in Bitcoin will be at a few years ago when Bitcoin price is very low.

Maybe you have consideration to invest in Bitcoin today so we can support you to buy Bitcoin and you can use DCA methods to invest constantly. Bitcoin are still young and will grow fast in the future so if you can participates in the Bitcoin investment, you will see how big your profit will grow.

Z-tight

legendary

Activity: 994

Merit: 1089

Wheel of Whales 🐳

Quote from: Bd officer on November 27, 2024, 01:16:22 AM

Now if the target is that the price of Bitcoin can increase a lot in 2025, if you invest now with this target then you should not expect much profit, you should have a plan to sell if there is a small profit.

I bought BTC a lot earlier and i have been holding for a long time now, however if short term investors or weak hands as i usually call them, want to buy BTC now, they can still make returns next year. I know BTC has kind of exceeded what people expected for this year, so that only means that next year, at the peak of the cycle, the price can go very high, maybe $200k is even possible, so buying now is still a good idea.

Bd officer

sr. member

Activity: 602

Merit: 369

DGbet.fun - Crypto Sportsbook

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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 becoming popular day by day, will become more popular in future. As we all know the supply of Bitcoin is limited, which supply will never increase in the future. A few days ago it was $99500+, a few hundred dollars would have made it $100k. Once again the price of Bitcoin fell to $92k. However, investing in Bitcoin is definitely profitable for the future. Now if one wants to invest in Bitcoin then one should plan to invest in long term, because investing in Bitcoin in long term will be profitable. The price of Bitcoin was around ($100k) with many predicting that it will reach $1 million in the future, but this is a matter of time. Now if the target is that the price of Bitcoin can increase a lot in 2025, if you invest now with this target then you should not expect much profit, you should have a plan to sell if there is a small profit.

Darker45

legendary

Activity: 2576

Merit: 1860

Quote from: mv1986 on November 26, 2024, 08:28:49 AM

Quote from: Darker45 on November 25, 2024, 11:26:16 PM

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.

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 reason hodl was coined is that you can never be accurate in timing the market.

I think the plan should be to get into Bitcoin sooner rather than later. Does it really matter if you bought Bitcoin at $97,000 or $94,000? Tomorrow, the price could go to $100,000 or $92,000. In a way, waiting is simply procrastinating.

Now is always the perfect time. Hodl is the perfect strategy. And long-term is the way to go.

fikrett

copper member

Activity: 126

Merit: 6

Quote from: Faisal2202 on November 26, 2024, 11:12:18 AM

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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

For the long run like for the next 10 years, the current time is good, but for the short term like even for cycle to cycle I don't think we should invest in BTC in the price range of $85k to $88k and speaking of these ranges, BTC on 24th Nov was not in these ranges instead you can say it was above $95k to $98k.

BTC is overbought at the moment and a healthy correction is on the way and we all can expect that the December month will be bullish too but not that bullish means we will see some downtrend in it my prediction for BTC is it will set it's resistance at $88k for now NFA so DYOR.

Yeah, correction, and a big one at that, would be obvious.
It already happened on a smaller scale in fact in my opinion, getting those longs with leverage off the grid.
Now the question would be how much the BTC dom factor would fall off from that.

Faisal2202

hero member

Activity: 1428

Merit: 513

Payment Gateway Allows Recurring Payments

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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

For the long run like for the next 10 years, the current time is good, but for the short term like even for cycle to cycle I don't think we should invest in BTC in the price range of $85k to $88k and speaking of these ranges, BTC on 24th Nov was not in these ranges instead you can say it was above $95k to $98k.

BTC is overbought at the moment and a healthy correction is on the way and we all can expect that the December month will be bullish too but not that bullish means we will see some downtrend in it my prediction for BTC is it will set it's resistance at $88k for now NFA so DYOR.

Z-tight

legendary

Activity: 994

Merit: 1089

Wheel of Whales 🐳

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.

mindrust

legendary

Activity: 3276

Merit: 2442

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.

SamReomo

hero member

Activity: 784

Merit: 672

Top Crypto Casino

Quote from: Z_MBFM on November 26, 2024, 10:24:24 AM

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.

Adams0001

full member

Activity: 672

Merit: 201

Quote from: HajiBagi on November 26, 2024, 10:06:07 AM

Quote from: Ziskinberg on November 24, 2024, 05:46:25 PM

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

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.

Z_MBFM

sr. member

Activity: 616

Merit: 322

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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

Ever-young

sr. member

Activity: 1414

Merit: 272

Get $2100 deposit bonuses & 60 FS

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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.

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.

FortuneFollower

copper member

Activity: 196

Merit: 6

Quote from: mirakal on November 26, 2024, 09:56:19 AM

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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.

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.

HajiBagi

sr. member

Activity: 756

Merit: 353

Quote from: Ziskinberg on November 24, 2024, 05:46:25 PM

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

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.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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.

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.

Alone055

sr. member

Activity: 1288

Merit: 375

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.

mv1986

legendary

Activity: 2058

Merit: 1166

Quote from: Darker45 on November 25, 2024, 11:26:16 PM

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.

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.

Darker45

legendary

Activity: 2576

Merit: 1860

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.

BALIK

copper member

Activity: 2310

Merit: 609

🍓 BALIK Never DM First

Quote from: Catenaccio on November 25, 2024, 09:18:19 PM

Quote from: Doan9269 on November 25, 2024, 01:33:00 PM

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.

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.

Quote from: Catenaccio on November 25, 2024, 09:18:19 PM

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.

Catenaccio

full member

Activity: 420

Merit: 120

Quote from: Doan9269 on November 25, 2024, 01:33:00 PM

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.

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.

Doan9269

hero member

Activity: 812

Merit: 560

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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 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.

Nwada001

hero member

Activity: 798

Merit: 702

Quote from: uche6215 on November 25, 2024, 01:46:18 AM

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.

retreat

sr. member

Activity: 1246

Merit: 426

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.

mv1986

legendary

Activity: 2058

Merit: 1166

Quote from: FortuneFollower on November 25, 2024, 01:55:14 AM

Quote from: mv1986 on November 24, 2024, 06:59:35 PM

~

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.

Silberman

legendary

Activity: 2716

Merit: 1383

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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.

FortuneFollower

copper member

Activity: 196

Merit: 6

Quote from: mv1986 on November 24, 2024, 06:59:35 PM

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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

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.

?

Activity: -

Merit: -

Quote from: uche6215 on November 25, 2024, 01:46:18 AM

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

And it's still going. And won't stop.
That's the beauty of it.
The main thing would be to learn about it not only as an investment but also as the mechanism that it was created for - a peer-to-peer electro-cash system.

fikrett

copper member

Activity: 126

Merit: 6

Quote from: Ambatman on November 24, 2024, 05:47:13 PM

Uh You in 2 weeks ago
Bitcoin has left the $80K mark for quite sometime
We looking towards crossing $100K
And the Bull market is just getting started.

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

Bitcoin has really come a long way and is now matured enough for everyone to invest

waiting to maturity isn't the best time to invest
Fortunately Bitcoin is still young and in its growing stage.

What would be the "maturity" of BTC, in any case?
I don't think that's a term worth applying to it, but still..
It's never too late for anyone to get BTC and dig into it, in fact.

uche6215

full member

Activity: 334

Merit: 121

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

ChiBitCTy

legendary

Activity: 2282

Merit: 3014

Word of advice from your financial advisor (me, I don’t charge tho, don’t worry). Buy high , sell low is typically not a great strategy. It’s funny how many clients lately have been asking me about Nvidia and Tesla stock, due to their recent massive surges.

In 2014 I made about the best investments of my lifetime and that’s not gunna change ..but they were buying btc , and buying Shared of Nvidia.

Invest the base of your portfolio in blue chips, S&P 500 ETFs, but if you can afford to, take some and try and hit grand slams (don’t be afraid to lose it )

mv1986

legendary

Activity: 2058

Merit: 1166

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

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

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.

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

Bitcoin has really come a long way and is now matured enough for everyone to invest

It's still quite young. It's been here more than a decade and a half and still, many haven't invested on it. But you're right that it has really come a lot and longer way from where it is right now. The maturity that it has shown to the people made significant gains that it has got for each holder that have been seriously holding it for so long. And for that reason, all of those that haven't matured from this market yet, didn't took profits and still holding, I'm glad that you are still holding it because it's completely a different matter for me. I've sold way too early before the last 2021 bull run has happened and there's still sort of regret from it but I've learned a lot. So for sure on this cycle, many will learn as well.

alani123

legendary

Activity: 2422

Merit: 1451

Leading Crypto Sports Betting & Casino Platform

I think you mean $98k? Grin

Well good luck convincing people to buy near ATH though. It's a very tough hit or miss because many people are going to FOMO without direct knowledge or evidence that BTC could go any higher, and others are going to think it's too high of an entry price and would rather wait.

Both sides have their rights and I would say especially the more cautious folks are right to want to wait. Because there's no direct sign the world economy could be doing any better or worse. With globals markers moving as normal, there's no narrative to drive BTC much higher now. Adoption is lower than the bolm a few years ago, institutional adoption is already high on market access etc. So there's little the Trump administration could to help crypto even more.

So the prospect of Trump being better on crypto doesn't seem THAT good to me to justify prices going up as much as they did. Who knows though.

Ambatman

sr. member

Activity: 490

Merit: 397

Playbet.io - Crypto Casino and Sportsbook

Uh You in 2 weeks ago
Bitcoin has left the $80K mark for quite sometime
We looking towards crossing $100K
And the Bull market is just getting started.

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

Bitcoin has really come a long way and is now matured enough for everyone to invest

waiting to maturity isn't the best time to invest
Fortunately Bitcoin is still young and in its growing stage.

Ziskinberg

hero member

Activity: 3010

Merit: 666

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

TEBTC

jr. member

Activity: 98

Merit: 0

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

Topic: Bitcoin the coin every one should invest in (Read 774 times)