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Topic: Good time to buy? - page 7. (Read 1444 times)

full member
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$CYBERCASH METAVERSE
February 03, 2022, 08:08:59 AM
#68
Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?

very hard to say this is the right time or not. It depends on you, what strategy you use in investing. If you are investing in the long term it might be a good time, and expect Btc to start rising until you get the profit you want.

If you use a short-term strategy in investing. I think the current price of btc doesn't really matter to you. What is very influential in terms of short-term investing is the right analysis. You can get a little profit. And what I think is most needed is experience in seeing the market.
hero member
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February 03, 2022, 02:21:22 AM
#67

Yes, but the only problem specially for newbie investors is how and when to buy. As they might not know when to time the market. So just like when we see like $32k'ish, maybe others have been questioning if this is the floor price or will it go?

But for smart investors specially with a lot of capital to begin with, they can simply but at this price point and then see where the price will go. If the price continues to dip, then maybe they will buy more, when the price goes up, then it's a profit for them.
Actually you comprehend this excellently because the time factor to purchase cryptocurrency and especially bitcoin really have meaning or contributes for the lost and profit we fall into, the understanding is there via knowing the time frame to purchase and the time not to purchase, so if investors is capable to detect this, the investor will scale through.

No investor will likely purchase when the market is of increase even beginner's, it's important to study the chart of bitcoin very well and understand the movement of candle sticks, it will enable someone to actually know when the regulation price will be critical via falling and also adventure into disadvantages or the timing to purchase Bitcoin to avoid massive lost.

You reference a price (32k), actually you are in right track via your explanation, because some people don't know when the price will be downgrade but studying of the chart you can be able to know a little bit of the price regulations.
full member
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February 03, 2022, 01:52:20 AM
#66
I Think It's totally depends on your goal.Market price little dip now.I'm suggested to you,You can more time to hold your holding coin.Previous week bitcoin price touched under $35k but this week bitcoin price around 37k+ i hope bitcoin price will be more increase this year.You can hold long time i hope you will get good benefit from it.

talking about this moment is the time to look at bitcoin for sure, because if you refer to altcoins which are still clichés it will make you even more restless to buy and this is not pessimistic but talking about the moment it's time to buy bitcoin based on price declines at the beginning of the year and will slowly improve once it's visible compared to other coins.
legendary
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February 03, 2022, 01:25:45 AM
#65
Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?
Like many people do mention all over the forum, all times are good to buy bitcoin as we cannot predict the exact market direction in near future. These days people are highly emphasizing the importance of regular investment into bitcoin to ensure not missing out good bottom price levels. For current market situations, as long as the support levels around $31 to $29k levels are holding, we can confidently keep buying.

I am a regular and long term investor of bitcoin and this is the reason I do feel the current market scenarios must be another good time to accumulate something (not for all my available funds) and wait for some more time to get some fresh funds and to buy more regardless of where bitcoin will be trading.
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February 03, 2022, 01:04:44 AM
#64
~~~

Buying bitcoin on a dip is a great option for those who believe in bitcoin's potential to reach higher prices in the future. They must be patient and wait for the target they have set is achieved. It may take 1 to 4 years longer from now, but it should be achievable if something bad doesn't happen to bitcoin.
The do you know indirectly we are making same point? From the beginning, hopefully is encourageable from your perspective to purchase bitcoin via bearish time? Probably you will say yes" do you also know that we have impatient and novice investor's in the market, some people don't like to exercise patient, like holding a currency for more than six months period, it's only investors that know the denomination and cherish for that, but novice don't have the mentalities of such, holding of coin from 1 to 4 years, it's You and I knows the benefit and profit there via long term holding, but passing the knowledge to beginner they will find it very difficult to comprehend the scenario.
sr. member
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February 03, 2022, 12:54:23 AM
#63
Like what i said before, it's good to buy at this particular stages of price, but a good investor and trader will like to purchase cryptocurrency when the price comes below so that they will not experience lost and make surplus profit, you know the lesser you buy Bitcoin the higher you make profit if it rises, it's few that will have the pre knowledge that bitcoin might decrease more than thirty seven thousand (37k). So immediately Bitcoin eventually decrease in price again it will return or skyrocket in price.
Based on my experience, I can say that whenever bitcoin experiences a decline in price, sooner or later its price will recover. One that is still very memorable was the decline during 2020 but in 2021 bitcoin gradually recovered and reached a previously unimaginable ATH. I didn't imagine that the bitcoin price would hit $69K in 2021 after dumping during 2020. But that's the truth.

Buying bitcoin on a dip is a great option for those who believe in bitcoin's potential to reach higher prices in the future. They must be patient and wait for the target they have set is achieved. It may take 1 to 4 years longer from now, but it should be achievable if something bad doesn't happen to bitcoin.
Bitcoin has strong fundamentals compared to other crypto, so it often repeats the cycle that has happened, such as the decline that occurred in 2018 which was considered the worst phase of bitcoin and many people thought 2018 was the end of bitcoin, but in fact bitcoin is slowly rising and continues created a new record high so far, and this is why bitcoin is indeed more identified with long-term assets so that if buy cheaply and keep it for a long time, it will definitely be able to provide big profits for the holder.
hero member
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February 03, 2022, 12:54:16 AM
#62
I think now is a good time to buy as bitcoin has the potential to move in the next few weeks testing the $4k resistance. Some indications in the crypto market indicate that it is strengthening and will potentially increase the price of bitcoin or at least touch the $40K area.
Like what i said before, it's good to buy at this particular stages of price, but a good investor and trader will like to purchase cryptocurrency when the price comes below so that they will not experience lost and make surplus profit, you know the lesser you buy Bitcoin the higher you make profit if it rises, it's few that will have the pre knowledge that bitcoin might decrease more than thirty seven thousand (37k). So immediately Bitcoin eventually decrease in price again it will return or skyrocket in price.

Yes, but the only problem specially for newbie investors is how and when to buy. As they might not know when to time the market. So just like when we see like $32k'ish, maybe others have been questioning if this is the floor price or will it go?

But for smart investors specially with a lot of capital to begin with, they can simply but at this price point and then see where the price will go. If the price continues to dip, then maybe they will buy more, when the price goes up, then it's a profit for them.
legendary
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February 03, 2022, 12:35:57 AM
#61
Like what i said before, it's good to buy at this particular stages of price, but a good investor and trader will like to purchase cryptocurrency when the price comes below so that they will not experience lost and make surplus profit, you know the lesser you buy Bitcoin the higher you make profit if it rises, it's few that will have the pre knowledge that bitcoin might decrease more than thirty seven thousand (37k). So immediately Bitcoin eventually decrease in price again it will return or skyrocket in price.
Based on my experience, I can say that whenever bitcoin experiences a decline in price, sooner or later its price will recover. One that is still very memorable was the decline during 2020 but in 2021 bitcoin gradually recovered and reached a previously unimaginable ATH. I didn't imagine that the bitcoin price would hit $69K in 2021 after dumping during 2020. But that's the truth.

Buying bitcoin on a dip is a great option for those who believe in bitcoin's potential to reach higher prices in the future. They must be patient and wait for the target they have set is achieved. It may take 1 to 4 years longer from now, but it should be achievable if something bad doesn't happen to bitcoin.
hero member
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February 03, 2022, 12:13:09 AM
#60
I think now is a good time to buy as bitcoin has the potential to move in the next few weeks testing the $4k resistance. Some indications in the crypto market indicate that it is strengthening and will potentially increase the price of bitcoin or at least touch the $40K area.
Like what i said before, it's good to buy at this particular stages of price, but a good investor and trader will like to purchase cryptocurrency when the price comes below so that they will not experience lost and make surplus profit, you know the lesser you buy Bitcoin the higher you make profit if it rises, it's few that will have the pre knowledge that bitcoin might decrease more than thirty seven thousand (37k). So immediately Bitcoin eventually decrease in price again it will return or skyrocket in price.
sr. member
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Vave.com - Crypto Casino
February 02, 2022, 05:31:31 PM
#59
I think now is a good time to buy as bitcoin has the potential to move in the next few weeks testing the $4k resistance. Some indications in the crypto market indicate that it is strengthening and will potentially increase the price of bitcoin or at least touch the $40K area.
legendary
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February 02, 2022, 04:28:42 PM
#58
OP, the best time to buy bitcoin is when you have money and are eager to have it regardless of the current price. If you want to trade maybe you have to time it but I believe if you just want to own it and want to use it as a means of payment then you can buy it any time.

Buying of Bitcoin now depends on the investor because right now Bitcoin regulations is not static or authentic, the statistics of bitcoin chat i viewed recently is showing that bitcoin long way for decreasing before it will retrace, actually you are right because bitcoin movement decreasing from thirty five (35k) and increased to thirty seven (37k) that deserved people a lot to think that we are going out from bearish market. Right before Bitcoin can accelerate or experience bull run this year it will drop from between the range of thirty seven (37k) to twenty five (25k)and twenty  (20k) before the price will normalize or return to sixty plus (60+)
In the short term it may be difficult for us to determine when is the best time to buy and make a profit, but if someone decides to buy and hold it in the long term then one of the best times to buy is when bitcoin is experiencing a decline a correction. Traders and investors can take advantage of the downside to get cheaper prices before the recovery takes hold. Many people do it and make a profit, but it should be done at your own risk.

About the possibility of a larger decline may have been discussed before and will always be discussed, causing investors and traders to hesitate to buy. Price down and ATH are always possible, so take it at your own risk before deciding to buy or invest.
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February 02, 2022, 04:11:36 PM
#57
I Think It's totally depends on your goal.Market price little dip now.I'm suggested to you,You can more time to hold your holding coin.Previous week bitcoin price touched under $35k but this week bitcoin price around 37k+ i hope bitcoin price will be more increase this year.You can hold long time i hope you will get good benefit from it.
Buying of Bitcoin now depends on the investor because right now Bitcoin regulations is not static or authentic, the statistics of bitcoin chat i viewed recently is showing that bitcoin long way for decreasing before it will retrace, actually you are right because bitcoin movement decreasing from thirty five (35k) and increased to thirty seven (37k) that deserved people a lot to think that we are going out from bearish market. Right before Bitcoin can accelerate or experience bull run this year it will drop from between the range of thirty seven (37k) to twenty five (25k)and twenty  (20k) before the price will normalize or return to sixty plus (60+)
   
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February 02, 2022, 03:39:34 PM
#56
Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?
Like most of the time it depends on what your goals actually are, if you are interested in holding your bitcoin for a very long time then this is a good entry point, after all even if the price goes down even more you are not going to panic as your goal was to hold those coins for a long time and if anything it will be an opportunity for you to buy even more coins for a good price, however if your goals are more short term oriented I think it could be a good idea to wait a little bit more before you buy bitcoin.
Investors would really be neither having those plans whether a long term or short term holder thats why they do really differ on actions to be made.Good time to buy?

These are only times when the market have deep reds but are you sure that you would take some buy decision whenever it would happen?

I dont think so yet fear would really be big hindrance for you to make such step.
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February 02, 2022, 01:57:37 PM
#55
Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?
Like most of the time it depends on what your goals actually are, if you are interested in holding your bitcoin for a very long time then this is a good entry point, after all even if the price goes down even more you are not going to panic as your goal was to hold those coins for a long time and if anything it will be an opportunity for you to buy even more coins for a good price, however if your goals are more short term oriented I think it could be a good idea to wait a little bit more before you buy bitcoin.
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Vave.com
February 02, 2022, 10:10:05 AM
#54
Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?
It was great time to buy as the market was in more deep .The market are starting to recover gradually and really it is on good position and we are hoping that to get a strong momentum to the up .The whole market was really surviving on the month of January nevertheless we are on good track for the upcoming days .I think it was great to buy that we have passed and still we have a good chance to buy now on this point .We are really looking forward for the upcoming days and hope he who bought recently and still on this point will get a good return within short term .Lets see how market behave with us .
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February 02, 2022, 05:08:39 AM
#53
In my opinion, technically the price of bitcoin is currently at the support level of $38k, therefore I think this is a good moment to buy because a bull market is imminent. If the current price increase continues, there is a possibility to go to the next support level where the bitcoin price will reach $50k.
But also 38k is the barricade right? because the support stands at 37k actually not 38k , for several time in couple of days the price goes up and down from 37k to 38k . but you are correct that if the pump continues then there is a chance that 50k will be the target.
What i wanna see is the 40k run, because this has been denied for a week now, and we stays at 30k level.
once this broken again? then the chance of hyping is there.
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February 02, 2022, 04:35:13 AM
#52
Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?
Well it depends on you on how are you going to invest it. If you are short-term investor or a trader then it is not the right time to buy.But if you are a long term investor then it is the chance for you to buy even more. It is always a right time to buy cryptocurrency as long as you have enough patience and planning to hodl it for a long run.
Dont take any action without a proper knowledge because it is dangerous . It is advisable to not put all your money for investment because it is a little bit risky. And as for me 30k is not bad at all,it is still  a good thing to buy and a great time to buy..Market will rise very soon, so claim it.
sr. member
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February 01, 2022, 05:46:53 PM
#51
Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?
It is not just Good time but this is a Perfect Time to purchase mate , Imagine the value steadied at 30k level? this is a long time given to purchase in lower value as we are heading to another increase in the next coming weeks or months.
Look at the market and slowly recovering and if this continued to happen then you will be missing the chance if did not take this advantage.
But of course only invest what amount you can afford to lose and never exceed on that if you don't wanna ruin your funds in the future.
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February 01, 2022, 04:56:06 PM
#50
With the current conditions of the crypto market, I think there is a lot to think about before continuing to buy Bitcoin, I have unfinished belief for Bitcoin which is much more than $20,000 minimum.

Personally I'm not sure this is the lowest point, there are even more satisfying points in my opinion this year.
We'll determine the lowest point if it ever comes. But for the meantime, when it had to the lowest which was around $33k, that's already the point of others that have been probably set.

And right now, it had hit $38k and trying to force itself out of that line to get into $39k. But if you think that it's not yet comfortable to buy, you really have to wait for another low price point. It will be a matter to yourself if the recovery continues to push $40k upwards.
As seeing the market trend not to wonder that some people will ask "Am I late to buy?" I could understand that these people who keep asking when to buy and when to sell are those who certainly are in doubt about crypto. They become undecided as they new know well about the market and that kind of sentiment pished me off.
There will be always them that will ask the same question about being late to buy. I guess whenever we see new highs and lows, that question is always anticipated and somebody is going to ask about it.

Because the point is that if we can buy at $40,000 during bullish, we can also buy at $30,000 during the bear market. The profit won't be instant and that is why we hold.
Not all the time. Those that have bought at a higher price is likely that they've spent already what they've got for their budget. That's making them unable to buy anymore because they got no money left to buy for the newer lows.
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February 01, 2022, 01:24:41 PM
#49
Now bitcoin price around $38k+. Bitcoin continue price is not dropping. I still believe bitcoin movement price correction. Previous week bitcoin price was little drop i think that time was to good to buy time.If you have holding bitcoin then you can hold long time your holding coin i hope you will be get good benefit from it.I hope bitcoin price will be more rise This year.
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