Topic: Can we get another golden oppurtunity to buy? - page 8. (Read 2492 times)

In any case, the total amount invested in bitcoin and other speculative, high-risk investments combined should not comprise any more than 3% to 5% of your total portfolio. The other 90-plus percent should be a diversified mix of mutual funds, index funds, stocks, bonds, insurance and other more traditional investments with predictable returns.

The goal, as always, is to spread your risk. That way, if bitcoin continues to boom, you’re in a position to be rewarded with an appreciating asset, and maybe even cash out with a major capital gain at some point. On the other hand, if it goes bust, the net damage will be minimal.

Cost average in bit by bit, until you hit the amount you would like ideally. There will never be a perfect time, it is just gambling at that point.

They deserve to have earned their rewards for holding it though. Many of them have sold it that made them poorer instead. For the price of BTC to drop again down to $20k or below, we had to experience the bear market again which could happen probably next year or the next. Its very unsure when because of the pandemic.

Now if the price of BTC will go way up high just as some of the persons have speculated which could go up to 300K, it might just be different and 20k could just be too small for its price even when we experience a long winter market.

Based on your observation, it is really seen that a grand correction will take place anytime for the next year or so as established corporations on both tech and finance have shown interest in Bitcoin and made some investments on the said cryptocurrency. Right now all we can do is simply buy Bitcoin as it is then wait for a good price increase that will happen in a few years, but hopefully not more than a decade. If we wait for a decade then it might lead to good profits, provided you also invested big on Bitcoin.

If such an opportunity will ever come, it will not be this year. The current trend suggests that we might have a bull run all throughout the year and there is no time that someone gets into it that is not profitable. It all depends on your waiting tolerence.

It will not fall too much now since there are already big companies invested in BTC, they will not let BTC price fall too much without rebuying unless they already gain alot from it which will only happen in the near future since they just invested now. There is still more chance for it's price to increase and being able to buy in small dips can be an opportunity already than to wait in a golden time which we don't know if will ever happen again.

Yep, I'd find it to be stable at $50k-$60k, not even seeing huge corrections. Not impossible to see its price drops again but can't go down deeper as we think and compared it to the last bear season. Now, it was clear to see that Bitcoin is highly in demand. There is a huge volume of crypto investors choosing Bitcoin and that is a big help pushing its price to rise and keep that certain momentum for how many days, probably months of having like that.

Exactly! If you will wait for that "golden" moment before buying your first satoshis, it will never come. Just take your opportunity what you have today, because in the near future, you will not regret it. The bitcoin's price is steadily increasing and the chance of going back to let's say 20k level is very slim. Do you really want to wait for that to happen, or just strategize what options you have on hand today?

I don't think the price of Bitcoin can go down so much, if you look at the daily chart of the market you will see that there are a lot of active buyers in the market. Bitcoin has huge support at $50,000. Bitcoin has crossed ATH by bouncing back from $50,000 several times, it seems $50k is very strong support. Looking at the current market, it is clear that Bitcoin will never go below $50,000, so buy and hold your coin now or regret for it later.

Many people regret not buying Bitcoin when it was under $ 20k, I even started buying Bitcoin this year at $ 40k. I think if you want to buy Bitcoin
for a long-term investment you don't have to wait for Bitcoin to drop to a price of $ 20k. But buying Bitcoin at the current price is not a problem,
because the price of Bitcoin in the next 5 years will be much more expensive than the current price. However, if you really want to trade Bitcoin,
you have to wait for Bitcoin to correct to a price below $ 55k. Because if you look at the current Bitcoin movement pattern it is impossible for Bitcoin
to fall again to the price of $ 20k.

Not actually fooling themselves because we are just humans which do normally react with these kind of circumstances because dealing with a unpredictable market will really give
out those boggling mind situations where it do really affect our emotion as well which we do presume into something which isnt right.For those who do took risk in spite of
the fear or anxiety in the market on that particular time are the ones who had been reaping off those profits since the market had rose up into a level that we didnt
expect for it to be reached or attained.This is why if you do see some opportunity then its better to take grasp because you wouldnt know on what would happen.

Buddy, the price of any asset is cyclical. Here everyone understands that there is a time of ups and downs. Personally, I buy a small amount every week at the current price, but my main buy orders are in the $ 18,000-20,000 region. I have no doubt that over time, the price will either gradually or for a short time fall. Currently, it is very difficult to keep up with the price of bitcoins, and you should not stop there, you just need to live and enjoy life. And everyone who knows how to wait will be rewarded by the crypto market.

I can always see this kind of wish, lol.

When it bull run, people would say, when can we buy a cheap price, I think the price is too high already, but when the market starts to bleed and looks like it has no hope for recovering, then they would say they are not buying as bitcoin may die because it's just a bubble.

now, with that kind of mentality, they are just fooling themselves.

Guessing the price movement of bitcoin is a fast track to financial success and wealth. Now, taking into account the previous experience of 2017-2018, many rushed to sell their bitcoins even when it exceeded the price of $ 20,000, others a little later. Therefore, now they are expecting a very deep fall in the market in order to buy again. So far, those who held bitcoins until recently are winning. The risk is, of course, significant, since the amount of money invested is very large. However, how bitcoin will behave further is still a mystery. Whoever makes the right decision will make a profit.

At the moment chances are very slim for a golden investment opportunity in Bitcoin like in 2020 market crash and from this point on I think there is no turning back for Bitcoin and the price will continue to rise further after a bit delay or market correction as more and more companies and institutes are looking to invest in Bitcoin or looking to buy their own cryptocurrency which will ultimately increase the adoption and price of Bitcoin.  

Indeed, people are patiently waiting for price correction and even me, i do also waiting for a big price correction but i guess these won't going to happen for now because investors actually huge potential investors are keep on entering cryptocurrency world especially investing in bitcoin. To be honest, this is the best time to buy bitcoin but if and only if you have the potential to avail bitcoin at that high price. At the moment we are only differ from the previleges to buy bitcoin or just wait for the price correction.

Better if you will just wait the bitcoin to dump for around $15,000 because if you buy right now there's a lot of chance that the bitcoin will suddenly collapse and dump because as we can see the price of bitcoin was very high and when it dumps after you buy then it would be bad for you and another thing is that the fees will be so high and it is also because of the price of bitcoin. I suggest that don't buy right now just wait for the bitcoin to dump so that you will be able to buy more when the price suddenly dumps.

bitcoin rate vary every second so no one can predict the bitcoin price, my point bitcoin will drop market cap in this year itself. So, thus the right time to buy bitcoin.

It very well may be, however, it's exceptionally troublesome on the grounds that these days there are numerous large individuals and goliath organizations entering bitcoin. Be that as it may, it isn't difficult to continue to create benefit openings here. there are numerous different coins that are still new to make a benefit.

Bitcoin is not a get rich quick scheme.

I'm in because I believe it has a role to play, because I like its strong fundamentals and because there is a very hard supply cap that is universally supported by the devs and community.

The lack of a hard cap is why I never got into Ethereum.

Bitcoin has a unique position amongst cryptos, it's the big boy and it's likely to stay that way.


However none of this is guaranteed.


I believe bitcoin will go a lot higher since there is a limited supply and other serious benefits (such as the inability of the government and the banks to freeze your funds), censorship resistance and the ability to transact anonymously if done right.



So I believe that over the long term bitcoin can reach 500k or 1M in the future.

However I also understand that Bitcoin could stagnate or crash.


Knowing that we're at all time highs buying bitcoin right now means less potential profit.

If you're lucky enough to have spare money to buy in, maybe dollar cost average to protect yourself from a potential crash.

If it goes back to 20k you won't be feeling very smart.

Also don't let FOMO guide your actions. You could miss out, but you could also prevent yourself from wasting your money. Bitcoin is not a casino.


The best thing to do would be what Andreas Antonopoulos advocates, which is work and earn some Bitcoin. Sell some art or your service or something.