Topic: Can I invest in month of October? - page 4. (Read 1438 times)

Well, I don't think buying Bitcoin because of what you read is the best option for you, if you are knowledgeable about Bitcoin, you don't have to wait for the proper time to purchase as many as you can, as long as you have the funds. Bitcoin investment requires knowledge and money that's available at the time of investment. This forum is the perfect place for you to gain knowledge more about Bitcoin, other sources predicting that Bitcoin will increase in a few months aren't a good choice for you. No one can predict what the price of Bitcoin is going to be this month, in the months to come, or in the years to come but investors know its value to invest into and believe it will keep going up, which is why they are holding enough because they understand exactly where they are investing their money.

However, according to the article you read, October may be a perfect time for you to consider investing in Bitcoin. My question is, assuming you buy in October and the price of Bitcoin keeps falling, will you resell at a loss? I think you will be disappointed if you sell at a loss. Op, ensure that you understand more about Bitcoin, and you are free to buy Bitcoin whenever you wish.

You can invest any time you want at the end of the day your investment goal is your top priority until when you will hold your coin and make a profit, people get a ride with the market volatility and they get a ride with the crypto making short trades now if you have a busy schedule and no time to check the market every day you can do a long term trading and wait for the all-time high like other people do strategy is with the DCA. Accumulate as possible so you don't regret it when the market makes another huge move. If its your first bull run I guess still congrats because you make it now you will see the potential of the crypto space.

Where you want to invest in Bitcoin or other types of crypto, as far as I know, if you have a desire to invest, you shouldn't do it in October, you can start whenever you want.

I'm also curious what's going on with October......! That's what's special about that month, in my opinion it's actually a worse month for the crypto market and it's not a good month to carry out activities in the crypto market, don't ask me for reasons.

My advice is that if you want to invest, just do it, why wait for October, for me there is nothing special about that month.

Certainly, you may invest in bitcoin at any time; there is no certain date to invest because it is volatile and can increase and fall at any time, so if you have enough money, you should invest in it and top up your bitcoin investment at any time. so that anytime the price increase you will get more profits, anything on crypto is all about risk is just for you to be patient enough to learn and invest, and if you need fast money, that is why they have trading that can generate you money once and all is still sbot risk and you need to learn and understand everything about it before you can succeed on it, now that you are saying he should wait thing the bitcoin reach 40,000$

you can't predict so is better for him, if is really what to invest in bitcoin, and is for long term i will like him to invest because he will get huge profit and he should not be waiting for bitcoin to drop dippy before invest, because sometimes the price you want the coin to reach he won't reach the actual amount so is good to invest anytime you have funds and you are patient to keep it for long term am sure you will achieve your goals on it because is the best to invest in online is more better then other coins but all is belong to you anyone you prefer but am sure anyone that know bitcoin will give you advice to invest on bitcoin then other coins.

Exactly. The months don't really matter much because from the beginning of the year we've been seen favorable responses in the markets when in other years it was dismal so choosing October as the particular period to start your investment journey doesn't really mean anything other than you waiting till this period to start when you should have done it earlier (that's if the funds have been available earlier on though )
 October is known as 'Uptober' for Bitcoin price but don't be surprised if it won't go high as many enthusiasts expect. Just do your thing, Op.

Bitcoin investment doesn't been measured by monthly investment, at first what you should consider to invest in bitcoin should be the current market conditions not of month, except that you're working bitcoin predictors, who will convince you that October or November is the best time you can invest in bitcoin and this and that will be your target...all are fake, invest in bitcoin when you feel to invest, and some factors you should be considering most for investing in bitcoin is the bearish season and bullrun season, if you know the effects of this two words, I think you can choose anytime you feel to invest in bitcoin.

You shouldn't wait for a specific month to start before investing. Understand the Cycles, and if you are too much interested into Technical analysis, you should try checking out Bitcoin Charts at 1 day or 4 hour interval to invest. Put a Bollinger Band and when the Bitcoin price is touching the bottom band on 1D interval, you can safely buy there. Not an investment advice, just sharing one of the step that I follow when I put my money into Crypto.

Welcome October or Octobear, current market going down drastically bitcoin almost drop to $60k last few minutes ago and I think your waiting for moment coming true to buy back or investing in bitcoin and some top potential altcoin.
I don't sure will have another lower price for bitcoin after last few minutes ago most lower price or upcoming several hours later become the moment for bitcoin get recovery and reach back to higher price.
You can check the market currently and take decision to buy back or waiting with another lower price, but don't be disappointed later if possibility with bitcoin will hit and reach more higher price later.

There is actually no particular month to make investment into Bitcoin what actually delay most of us not to invest into Bitcoin is procastination it kills alot of dreams, the best time to invest is now if the basic knowledge about Bitcoin investment is there already the next thing is to get started provided the fund to start with is readily available, with your emergency fund, reserve and float fund been made available too. Bitcoin is best sighted to be a long term investment you also need discretionary income which will enable you hodl your Bitcoin for long without thinking of selling them out.
The DCA strategy of accumulating Bitcoin will help accumulate Bitcoin in different price level either weekly or monthly and continue to hodl for long periods of time it could be from 4-10 and above.

I don't think there is a particular month that is specified for investing in bitcoin, that is why is very advisable to really make research and read more. I see it haven't been long you came to this forum and I can't say for sure if you are new to bitcoin or crypto currency entirely, but the things about investment in bitcoin is you can buy at anytime you wish as it your decision alone to make but can you be patient enough to wait and make profit off it that why many people will always say that make sure you have something doing that bring you steady income before engaging in bitcoin investment.

Investing in bitcoin requires alot of patient and when you don't actually have anything that bring you money you will be forced to sell even when your investment it at a loss so make sure you are finically okay then invest and be patient so you can make profit off your investment.

So the answer to your question is there is no actual month chosen for investing in bitcoin for you can invest when you feel the market is okay for you to invest. It your decision and yours alone. Probably you can ask expertees for guidance and when the market is favorable so you can invest.

It's part of the manipulation by the article writers and the news that they are producing for the community. What's pretty bad when they're paid to do such content in the advertisement of a project or a company that paid them to do that. Relating this with Bitcoin investing is that, we're free to do it whenever we want but for the sake of the newbies, they need to learn first the basics before they believe someone else's business and investing tips. In modern days, many are relying on other's knowledge thinking that it will make them rich. But stop that thinking because investing should be a personal knowledge that's being developed and this is why the rich became rich themselves.

That's the plan that the majority of us here that many newbies don't believe, in the long term. They are in a hurry and want to take a huge chunk from the market without understanding it. The importance of the basics are really visible.

Investing in bitcoin doesn't have day, month or year. Just invest any day or anytime, provided you have the fund to invest. If you have it in mind to Invest in the month of October to make profit and it didn't work out that way, you will have a negative though about bitcoin or seing the person that advices him as a bad person because he/she didn't give you the right information. The right information is that bitcoin is not a get rich quick scheme, so you would have to invest continuously either with DCA , lump sum or buying the dip till you have accumulated a reasonable amount and hope for Bitcoin to pay In the future.

That is like the usual thing to do when you want to invest in bitcoin so that you don't miss the opportunity of buying and the dip will always open up that opportunity once in a while so that you can buy and accumulate it,  most people have already purchased bitcoin and they are just waiting for things to change but it is looking as if nothing is going to change for now. You want to invest and yohd considering the money then you can buy in fraction. This 100k speculation is still in people's mind and we are still watching that is what people that are holding can do. We can not say for sure that bitcoin will increase this October, bitcoin price is not something that you can predict i can assure you of that. But when it happens and you are holding then you don't have a problem then. The bear as been long around now so the next bull run will be an heavy blow qm very sure of it, the longer the bear the longer the bull will get when it starts and I love how people have this strong conviction about bitcoin.

My advice to you is don't go by what news articles told you about Bitcoin before you think of investing in it; invest because you feel convinced and you want to risk your money in Bitcoin.

Many people are being misled by what news articles they read as news about Bitcoin. When they didn't see that happening as to what they read, they became furious and aggravated that this was not what they read about Bitcoin that got them to invest in it.

However, to avoid such a situation happening to you, invest in Bitcoin anytime you have spare money. It can be this October or November, anytime you feel like, so long as you have a long-term investment plan because that should be the goal.

Before you think of investing your hard earned money, you should be aware that the cryptocurrency market is a volatile one , and there is a possibility that you could lose all your money if time is not taken .

Don't wait for best opportunities to present to Blyuy your Bitcoin, as you may or may not have opportunity to buy in the best price.
Bitcoin is forging ahead into its bull run, therefore if one buys now isn't a bad investment, though the best time to accumulate is during a bear market.

Use DCA method to stack some tats, this will help you to solve the problem of trying to buy at the best price or time.

First of all you made a right move in asking this question in other to make a good investment decision, so actually the fact that Analysis has it that Bitcoin price are normally favourable in the month of October shouldn't make you to have the believe that the moment you invested on Bitcoin you will start making profits, perhaps let's say the Bitcoin price increases on the month of October and you have only invested $50 do you think there would be any much increase on your funds? So since you are just starting I would advise you think about how to really go into Bitcoin invest deeply and not for profits making because if what you would easily gain on the month of October is what brought you into Bitcoin then you need to have a change of mind.

Since bitcoin is a long-term investment before one can benefit from it, there's no perfect time to invest in bitcoin. If your money is readily available, you can start your bitcoin investment right away without even waiting for October to come. If you want to start your bitcoin investment, use the money you can afford to lose or the money you can do without for a long time so that you will not be dismayed if there's a little drop in bitcoin price. Also, when you are investing in bitcoin, no matter how shitty your source of income could be, you should always keep emergency funds so that if there's any unforeseen problem, you can use your emergency funds to solve it, and it will make you hold your bitcoin for a long term because you will not depend on it to solve your unforeseen problems.

If there was a period to Bitcoin investment, I bet no one would invest eventually. Because even in that time, people would rush in too quick and that would in turn creating a buying frenzy if I could call it that and that would result in volatility which would definitely push price and turn Bitcoin to just a pump and dump commodity. You wouldn’t want that and neither would I, that’s why you don’t need to wait a time or month to buy.
If you’ve got the funds, then by all means you should be buying regardless of the month and have a better plan towards holding the coin

Investing is a personal thing in this case if you have enough money and if you are interested in investing and have not invested yet then you can invest.  Also if you are in doubt whether to buy from this instant market or buy at a lower price then you can continue investing using the DCA method.  If you use DCA method in your investment then I think your investment will be more successful.  Since you are a newbie and you don't have a very good idea about the market, it is important to use your DCA method right now.  It's not yet October, the market is still in lows, so you can invest.  However, you must use a secure wallet to hold your investment.  Keep your wallet seed phrase in a safe place where no one can steal your investment if you can secure your wallet.

Of course, in this case, the difference is 5 thousand dollars. But I am sure that OP is not going to buy 1 BTC, so the difference on his investment will not be so big. But in this case, he will always have the opportunity to buy more BTC if the price drops.