Good time to buy? - page 9. | Bitcointalksearch.org

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legendary

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Quote from: Montane on January 29, 2022, 06:26:17 PM

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?

Anytime is a good time to buy as long as you are doing Dollar Cost Averaging.

This is for me the best and safest strategy to do when you are a newbie and just starting to invest. Well, its obvious that you need to do some research and learn but in terms of safest way of investing I think this is the safest. We didn't reach the $30,000 price range yet since the support right now short term is the $35,000 price range. We might see it go below that price even more but it seems like Bitcoin is slowly recovering. I'm a bit bearish still on the market but my sentiment might change if it goes above $40,000 and stays there for quite some time

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kotajikikox

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Quote from: Montane on January 29, 2022, 06:26:17 PM

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 you wanted to Hold then this is the perfect timing , though there are someone whos thinking this can be fall down to below 30k but at least 33-37k is the half value of the ATH so why not?
and also consider altcoins as it is also dumping , you can choose between the ranking coins to put investment with bitcoin.

Buy and keep and prevent Buy and sell because this is still unpredictable and can stay this down for the whole year .

adaseb

legendary

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Nobody knows what the best price to buy Bitcoin is. Because no one knows what will happen in the next few weeks or months. Like the above posters have said, if you want to invest, then average in over time.

This way you have a decent average if it tanks lower or if it rips up. If you buy everything at once now and it goes to like $25K and you can’t buy anymore you will have a very high average price. So dollar cost average every few weeks. Same with taking profits.

Wexnident

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Well if you think it just "looks like", then you don't really know what's going to happen with the market, just like with most of us really. I won't deny that the current market point would be a good spot to invest in, but it doesn't mean that the market wouldn't subside or dip down any longer. If you were investing for the long term, then sure, almost any dip could be called a good investment point but if you were shorting then well, that's a bit more difficult to tell really, or honestly impossible, since no one knows what the market will do.

STT

legendary

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Yes be optimistic right now imo its easily possible we can see a rise so long as we break the downtrend from here. I will post the chart so hopefully its with some clarity its possible to see a trend of rising lows on the daily bars. As always price wavers and confuses observers as we wane back and forth, this is normal but a pattern notable and sustained is worth taking into account. As always set out a bullish scenario and also the point at which it is no longer valid, my hope is we break upwards to reverse selling all the way back to the ATH

Oasisman

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Quote from: Doell on January 30, 2022, 12:52:08 PM

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.

Husires

legendary

Activity: 1596

Merit: 1288

You don't need to look at the price chart because you read the update after it happens but delve into some of the data on the network that glassnode provide:

Miners Accumulating #Bitcoin
- 5 consecutive days of accumulation over +6,100 #BTC
- $43m purchase by Bitfarms in the first week of January.

Source: https://twitter.com/BTC_Archive/status/1480904360230072324

https://insights.glassnode.com/the-week-onchain-week-02-2022/

You will find more data in the link above so we may be one step closer to 30%+ bumping.

All technical indicate that the price should rise, so if you want to buy now,
it may be a good opportunity to buy and achieve gains of about +30% over the next three months.

Doell

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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 !

mia_houston

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Quote from: Montane on January 29, 2022, 06:26:17 PM

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?

The market is now starting to look good and now the bitcoin price is at $37.8K compared to last week price which fell to $33K, but in my opinion, the market hasn't fully improved at this time so the possibility of a price correction could still occur anytime , the many negative sentiments in the market that are happening right now make bitcoin a little difficult to get up, the prohibition by Russia and also the sentiment of monetary tightening carried out by the FED makes bitcoin experience a strong emphasis and it is difficult to predict where the price will go next, but if indeed you believe the decline in the price of bitcoin will no longer continue to the lowest point, of course this is your opportunity to buy, but I suggest you should install a different entry price on the market in order to get bitcoin at the lowest price later. But I think for now it is better for us to wait and see the market conditions before doing any buying activity.

Mamun74

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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.

cryptomaniac_xxx

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Quote from: Montane on January 29, 2022, 06:26:17 PM

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?

Kinda late though? I mean the price did drop to like $32k-$34k is that is the best time to buy. Perhaps you are looking at like $30k but it didn't happen right?

So I guess the best time to buy is when the price goes down hard again. The problem is that it's hard to time the market. If you really have the capital then you can try to buy now and see how it goes next week or next month for you.

batang_bitcoin

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Good time if you're long term. Bad time if you're short or mid term investor. There's always the answers that will matter depending on your goal.
Know your goal, dca if you're long term but at the same time if you're too conscious with holding it for not so long. Bitcoin has always been the best crypto in the market and with its volatility, you'll see the result of your short to mid term decision in no time.

Ulven

legendary

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Quote from: Montane on January 29, 2022, 06:26:17 PM

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 you are thinking of investing for the long term then I think the 30k cap is suitable to buy but if you are considering short term trades then you should choose a safe strategy that matches your capital to avoid loss!!!

Raflesia

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_""""Duelbits""""_

You should buy when you are in a bear market when it is the lowest point but when it goes up you want to buy it a little too late. Not, But completely you buy anything according to the strategy you are doing.

We looked at the resistance point but my reference was $30k at the time but that didn't happen the bouncing pattern happened this is a bear market easing a bit, if you speculate about the next recovery then you are sure to buy it now.

electronicash

legendary

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Quote from: bounceback on January 30, 2022, 09:12:54 AM

Quote from: Montane on January 29, 2022, 06:26:17 PM

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 you have analyzed bitcoin's current decline and you believe that bitcoin's trending low will not fall below $30k despite another decline, then you can of course buy it now and then hold it for the long term until you make big profits, all this time bitcoin has been proved to be a coin capable of providing greater returns in the long run.

make sense for a long term holder. we see it dip this low and it's very close to the RSI oversold point which is already a good time to buy. wait for another 6 months i think you can already profit from it. BTC will be great and many altcoin lovers have bought already the tokens they are rooting to moon in the next bullrun.
i bought already some tokens i have been staking, i think i'm going to gain a substantial amount every month with it.

bounceback

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Quote from: Montane on January 29, 2022, 06:26:17 PM

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 you have analyzed bitcoin's current decline and you believe that bitcoin's trending low will not fall below $30k despite another decline, then you can of course buy it now and then hold it for the long term until you make big profits, all this time bitcoin has been proved to be a coin capable of providing greater returns in the long run.

Ararbermas

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Quote from: Montane on January 29, 2022, 06:26:17 PM

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?

not yet probably, i mean we should wait for more results to assure everything will gonna be alright afterwards. Because you know even market is gradually showing a green nowadays it doesn't mean its a positive sign to be honest wherein since only news can drive the market especially on this kind of situation. So let's be patient instead to prevent buying in not the right time. Be smart enough mate to protect your capital..

palle11

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I think the spike around $32k has caused some slow down in the bear. As to when exactly to go back to hodl depends on the believe of the hodler looking at the surrounding factor and one is if bitcoin at this point can drop below $30k and if the bull is going to resume anytime soon. But majority of the speculation have started thinking price is going to start improving.

Fakhrulenclix

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determining when to buy when the market price continues to decline is very difficult because we all don't know how long the market price will continue to decline, discussions to buy some coins have existed in the last few months when the market experienced a decline but until now the market is still same which means that it is difficult to determine the lowest point of the price drop to be able to buy.

for bitcoin at this time, there has been a very far price correction since it reached its new ATH last year, from what happened in the past, in my opinion, sooner or later the price of bitcoin is always able to recover, so at the current price I think it is very good to buy because I believe that the market price will recover someday and return to its peak price.

Anonylz

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If you are asking if btc already hit bottom and from here on now is uptrend, nobody can be able to tell you in other for you to make the decision to buy now or wait later, you know your target and should know whether you want to buy at this price or not,
Although I don't see what's stopping you from buying now except you have a short-term target, otherwise buying some percentage now (even if not buy all at once) is not a bad idea, the market can reverse now or still correct down, it is not that easy to tell, the decision is yours.

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