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Topic: Good time to buy? - page 8. (Read 1444 times)

full member
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February 01, 2022, 03:43:42 AM
#48
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.
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February 01, 2022, 02:12:31 AM
#47
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?
yes, I think so, times like this are the right time to buy because the price of Bitcoin is already very low and the price correction is very far after reaching its peak price a few months ago.

from after you wrote this the price of Bitcoin is now back high in price and today it is at 38k and in my opinion a very good thing.
we can't say for sure that the bears have died down, but hopefully it will.
legendary
Activity: 2464
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February 01, 2022, 01:55:53 AM
#46
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?
I guess the right approach that you need to follow once you decide about bitcoin investment is, regularly buying. Yeah, today may be a right or wrong time but that would be realized only on tomorrow hence we need to risk within today which means you should split your capital into multiple parts and with them buy bitcoin on regular interval. This process should be followed for years to decade so that you could enjoy all the benefits of bitcoin investment and bitcoin holding.

All I mean is, do not wait for the bottom to happen. Even you are good in technical analysis and to spot ups and downs of bitcoin market, it would be highly recommended to go for regular buying and long term holding when it comes about bitcoin investments.
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January 31, 2022, 11:04:56 PM
#45
I'm afraid this isn't the right time because maybe we will see another correction but this week the market looks fresh good but still a little rest between 37K - 38K ,ah except for long term investments this prices below 40K are the right price to buy which means now is the right time ,you will not panic when the market is corrected again long term is the best investment !

What do you mean now is not the right time to buy, but below $40k is the right time to buy lol.
There's an obvious hesitation right there.
If one cannot decide for himself on when is the perfect time to buy, then take what the others advice and start DCA.
Time is ticking, nobody knows whether or not Bitcoin will go below $30k. It was a very strong support It might never be break.

But I think now is the right time to buy because now the standard price remains around $37k and the final price is $38k.
But all back again to their own beliefs item x they waited for it to drop at $30k
If I were you, I would not buy at this time because it is a bit risky to force ourselves to enter the market.
My reason is that the candle is still at the green and it was not increasing higher a few hours ago.
I prefer to wait for a little time until a red candle comes on the market and the price can go down for a while to enter the market.
But if you still want to try to buy now, you can do that but make sure you already analyze to find the time to enter the market.
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January 31, 2022, 11:01:34 PM
#44
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?
This is the umpteenth time I've read about a topic like this.  Cheesy
Well, let's see how many people will also again ask this question when the price has been rising up in the future or even when the price backs to drop again.
What I see also is about many people will be buying bitcoin when the price is going to rise up significantly in the hype when the price is at more than $50k. But they are too afraid of buying Bitcoin when the price dropped enough to approach $30k.
This is the psychology of Bitcoin buyers, not investors (some of them).

If you ask me, I will tell you, yes, this is the time for buying. Every time is a good time to buy. Moreover for a long-term hold.
Can't be helped I guess, people would always ask the same questions every time since the price does change, so their pov of what to do would also change. It's kinda odd really, since most recommendations would always say buy low sell high, and yet people would still ask. With the mentality of each increase means that being the new "high" and each dump being the new "low", it should be possible to at least follow that kind of setup. Or they can just DCA to make all these issues go away.
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January 31, 2022, 09:46:34 PM
#43
I'm afraid this isn't the right time because maybe we will see another correction but this week the market looks fresh good but still a little rest between 37K - 38K ,ah except for long term investments this prices below 40K are the right price to buy which means now is the right time ,you will not panic when the market is corrected again long term is the best investment !

What do you mean now is not the right time to buy, but below $40k is the right time to buy lol.
There's an obvious hesitation right there.
If one cannot decide for himself on when is the perfect time to buy, then take what the others advice and start DCA.
Time is ticking, nobody knows whether or not Bitcoin will go below $30k. It was a very strong support It might never be break.

But I think now is a good time to buy because now the standard price remains around $37k and the final price is $38k.
But it all goes back to their own belief items x they wait for it to drop to $30k or wait again until it drops below $30k.
legendary
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January 31, 2022, 06:58:16 PM
#42
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?
This is the umpteenth time I've read about a topic like this.  Cheesy
Well, let's see how many people will also again ask this question when the price has been rising up in the future or even when the price backs to drop again.
What I see also is about many people will be buying bitcoin when the price is going to rise up significantly in the hype when the price is at more than $50k. But they are too afraid of buying Bitcoin when the price dropped enough to approach $30k.
This is the psychology of Bitcoin buyers, not investors (some of them).

If you ask me, I will tell you, yes, this is the time for buying. Every time is a good time to buy. Moreover for a long-term hold.
Those people are seeing a profit in a short term not the long term and most of them are usually getting into a trap.
I've noticed this too, when Bitcoin hit the ATH they are all talking about investing or asking "am I too late to invest".

I tend to agree with you, investing in Bitcoin is good for the long term, not just the short term.  Anytime is good to buy Bitcoin as long as you know how to hold the value and sell when you have a profit.  The more years that you can able to hold, there's a good potential to make profit.
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January 31, 2022, 06:17:45 PM
#41
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?
This is the umpteenth time I've read about a topic like this.  Cheesy
Well, let's see how many people will also again ask this question when the price has been rising up in the future or even when the price backs to drop again.
What I see also is about many people will be buying bitcoin when the price is going to rise up significantly in the hype when the price is at more than $50k. But they are too afraid of buying Bitcoin when the price dropped enough to approach $30k.
This is the psychology of Bitcoin buyers, not investors (some of them).

If you ask me, I will tell you, yes, this is the time for buying. Every time is a good time to buy. Moreover for a long-term hold.
sr. member
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January 31, 2022, 05:57:28 PM
#40
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.
Lots had been anticipating that it would go below 30k but it didnt happen since the market had made out some recovery but not really much since we are still playing on 38k price which there would be still probability
that we would going down thats why it isnt bad to take some action whether you do buy now and sell later on as long you could play out with the volatility and make profits then this do matter most.
Good time to buy? Its your call but these prices are still low imho which it isnt bad for you to get in but if you do go for possible lowest price then it would be always a question.
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January 31, 2022, 05:51:55 PM
#39
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.
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.
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January 31, 2022, 04:53:04 PM
#38
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.
legendary
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January 31, 2022, 02:11:58 PM
#37
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?
We can't deny that we usually take a look at the market price before buying. And for me, $30k is quite a good price to buy, we no longer have to wait for the price it dumps more as we're likely to miss some chance. Plus, we are not sure that Bitcoin will be going deeper as it is probably the price rise. Just trying to look at the market now, they've started to make green, and Bitcoin now is moving close to $40k. If you are about to buy it in the past days, you're making a profit now.
The thing is, how much lower could it even get? Like lets say I bought at 35k instead of 30k, and it went to 70k in a few months, am I really missing all that much? Does it worth the risk to wait that long? I am not saying that it won't happen but it just feels like the reward is much bigger than the risk we are taking when buying at these prices.

I am not saying that there won't be any further downs, there "might" be some more drop in the price, there is nothing that stops that and I get that, but it really doesn't mean that we should be supporting something like this just because we want to buy cheaper, we might also be wrong about that too. So we should just keep on buying as long as we possible could and then we could end up with a profit or maybe it will fall and we will profit a bit later which won't really be something to be shamed about.
hero member
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January 31, 2022, 11:31:19 AM
#36
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?
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.

This scenario is not at all certain. As a percentage, the price of Bitcoin has already dropped, just like last summer. Now the situation is more bearish, but that doesn't mean it's very negative. Whales could be activated at any moment and the trend could reverse very rapidly. Remember that the market generally behaves differently than the majority thinks.
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January 31, 2022, 09:36:25 AM
#35
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?
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.
hero member
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January 31, 2022, 09:28:48 AM
#34
It's cheaper by almost a half since ATH so yes for me too.
But don't expect much, it may have been resisting to be dumped further but the possibility is still there although I think it won't be that far anymore since it had been 10 days now if we count the day it went to 36k dumped that surprised me. Just be sure you are not expecting to sell in a short term because it might let you down if ever it dips again. Be ready for anything after you purchase.
hero member
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January 31, 2022, 06:44:53 AM
#33
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?
We can't deny that we usually take a look at the market price before buying. And for me, $30k is quite a good price to buy, we no longer have to wait for the price it dumps more as we're likely to miss some chance. Plus, we are not sure that Bitcoin will be going deeper as it is probably the price rise. Just trying to look at the market now, they've started to make green, and Bitcoin now is moving close to $40k. If you are about to buy it in the past days, you're making a profit now.
legendary
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January 31, 2022, 06:08:32 AM
#32
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?

What else be the good point to buy ? If you do not buy bitcoin now at these cheap prices, then when will ou buy? You can't find the exact bottom to buy. If you wait for more down prices for bitcoin, there are chances that bitcoin won't go below further and move up from here.

If you are long term holder, then you should definatly buy now and if prices go further down then no need to panic. The prices will recover.
Yupp remember just remember ... buying bitcoin is always great at anytime.
Just the matter how you do treat your money as investment or a trade it at certain time span , for instance you do bought it now but then the price getting dip even more deeper , at this stage you need to have a price target each time gets dropped and you have to adjust it with your bankroll.

100k usd bankroll for instance :

 5 percent divided by 5 phase from 37k to 30k price target it's 7 k between the target then divided by 5 it's 1.4k buying budget for every 1k bitcoin price dropped.

And so on andd on and on.
You will never missing any good momentum.

Not a financial advice tho.
hero member
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January 31, 2022, 05:56:24 AM
#31
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?

If someone is thinking about investing for several years, this is a very good time to invest. If someone is thinking about investing for a few months, in my opinion, they should wait a week or two for the situation to clear up, whether it is the end of the fall in prices or the bottom is even lower.
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January 31, 2022, 04:02:36 AM
#30
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?

What else be the good point to buy ? If you do not buy bitcoin now at these cheap prices, then when will ou buy? You can't find the exact bottom to buy. If you wait for more down prices for bitcoin, there are chances that bitcoin won't go below further and move up from here.

If you are long term holder, then you should definatly buy now and if prices go further down then no need to panic. The prices will recover.
legendary
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January 31, 2022, 12:50:01 AM
#29
For you? No but generally yes.
It's pretty simple, if you want to buy bitcoin you have to first educate yourself about what bitcoin is! If you don't know what it is, what valuable and unique utilities it provides, what kind of potential it has, etc. you can not make a wise decision so it is best that you never buy bitcoin, not now and not ever. Until you educate yourself. When you do that, you won't ask questions like this anymore because you already know the answer and if we give you the answer we rob you of that well needed education.
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