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Topic: Good time to invest in BTC? (Read 1787 times)

sr. member
Activity: 1428
Merit: 252
August 04, 2023, 09:00:09 AM
Successful investors are those who know when to buy and sell, when there is a correction like now, many people think that the market will continue to be red so that it will immediately sell, of course this is a mistake and we must fix it, especially next year there will be Halving that will make price easy to rise 3x.
hero member
Activity: 812
Merit: 619
August 04, 2023, 12:42:31 AM
But sometimes people who don't buy at low prices are not all out of fear, but there are also those who don't have the money so some people just monitor them without doing anything. As for those who have money but still don't buy, maybe because they have a different analysis, so they are still waiting for a lower price, even when the price they want arrives, they still don't necessarily have the courage to buy. So buying is about having courage after money.

It is true that there are people who wait for the Bitcoin price to drop even further. Even when the price of Bitcoin fell to $15k, they did not buy and waited for the price of Bitcoin to fall to $10k. In fact, these are the people who never come out of the state of fear. They think that if they buy at this price, the price may fall further. You are right that one must have courage to buy. Buying Bitcoin requires both money and guts. Those who do not buy even at a low price do not have any analysis, but fear alone does not allow them to buy.

People having no money in dipped are mostly those who have less knowledge of crypto or using bad strategy of buying at once. In crypto we have always keep extra fund for bear market and use it in right time. suppose one buyer has 1k$ then he just to buy 300$ first time and 300$ after 50% dip and then wait for big crash to use other remaining 400$. If we use all at once then we will just view market and could not buy btc at discount rate in bear market.
hero member
Activity: 2058
Merit: 710
August 03, 2023, 11:27:51 AM
Right, if we want long -term profit then now is the right time to buy, many people always think of buying at a low price, but when there is an increase they are sorry for missing the opportunity to get a cheap purchase price for fear of losing money.
The fear of losing is a very natural trait for every human being, especially when it comes to money. But sometimes people who don't buy at low prices are not all out of fear, but there are also those who don't have the money so some people just monitor them without doing anything. As for those who have money but still don't buy, maybe because they have a different analysis, so they are still waiting for a lower price, even when the price they want arrives, they still don't necessarily have the courage to buy. So buying is about having courage after money.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
August 02, 2023, 02:25:26 PM
Hi I have been toying with the idea of investing in BTC but have waited due to some investors saying the price will drop to 12 - 16k again. do you think it could still drop to this or are we more likely to move on up to 40k?

thanks in advance.

if you have been playing with btc for a long time, now is a good time to buy it because no one can guarantee that the price will drop in the range of 12k - 16k, but in investing you certainly have analysis and reference in making decisions.
A wise investor must be consulted to follow the right time to invest. It is true, however, that one must analyze well before investing so that it can be held for a long time. But the Bitcoin market may never be seen again between $12k and $16k. Although the market went down a lot at one point, it has now rebounded. Since the Bitcoin market is in a position right now, investing from it is definitely possible to profit in the future. Right now the price of bitcoin is $29k dollars and I think buying and investing in bitcoin from this current position will surely give good profit in long term.
Good time to invest would determined with these factors;

1. Market crash or huge corrections
2. When there's negative news in the market
3. Extreme fear,uncertainty and doubt

You would be able to determine these particular times and finding out that this would be the sweetest spot for you to get in because the market cant really be just having a single
movement on which it would be going just down.Theres a time would come that it would be making out recovery and for those who do able to get in with those corrections are the ones who
would really be taking out some advantage on the time that the market will really be going to the opposite direction.

Agree on some points above that if you do go for long term then this wont really be something a bothersome thing on your part. You could freely be able to buy out Bitcoin
on whatever price it would be since you would really be holding for years or long time then you could somewhat assure that you are really taking up a good decision
and been that confident that you would be gaining up after all the years is passing by.
sr. member
Activity: 700
Merit: 380
🎗️🍁🎭
August 02, 2023, 12:05:56 PM
Hi I have been toying with the idea of investing in BTC but have waited due to some investors saying the price will drop to 12 - 16k again. do you think it could still drop to this or are we more likely to move on up to 40k?

thanks in advance.

if you have been playing with btc for a long time, now is a good time to buy it because no one can guarantee that the price will drop in the range of 12k - 16k, but in investing you certainly have analysis and reference in making decisions.
A wise investor must be consulted to follow the right time to invest. It is true, however, that one must analyze well before investing so that it can be held for a long time. But the Bitcoin market may never be seen again between $12k and $16k. Although the market went down a lot at one point, it has now rebounded. Since the Bitcoin market is in a position right now, investing from it is definitely possible to profit in the future. Right now the price of bitcoin is $29k dollars and I think buying and investing in bitcoin from this current position will surely give good profit in long term.
hero member
Activity: 1120
Merit: 887
Livecasino.io
August 01, 2023, 01:41:12 AM
What we are seeing with the current Bitcoin cycle is almost no different from what we have seen in the past. Looking at the past data there is evidence to show that bitcoin's price increase may likely happen after it reaches a critical point. Those of us in the bitcoin community are looking forward to the potential of having a bull market either during or immediately after the next Bitcoin halving happening in March of next year. So if you ask if this is a good time to buy bitcoin, I would say yes, this is a great time to buy bitcoin however, do not take my word for it but do your own thorough research so as to be convinced of the advantages of buying it.
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
July 31, 2023, 06:50:05 PM
Hi I have been toying with the idea of investing in BTC but have waited due to some investors saying the price will drop to 12 - 16k again. do you think it could still drop to this or are we more likely to move on up to 40k?

thanks in advance.

if you have been playing with btc for a long time, now is a good time to buy it because no one can guarantee that the price will drop in the range of 12k - 16k, but in investing you certainly have analysis and reference in making decisions.

Right, if we want long -term profit then now is the right time to buy, many people always think of buying at a low price, but when there is an increase they are sorry for missing the opportunity to get a cheap purchase price for fear of losing money.
Whether you invest at the low bottom or at the peak price, you should have the perfect understanding about bitcoin and the ability to hold long term. The price increase and decreasing over time is common, and people we should understand and act at the right moment. To avoid unexpected downturn and bullish move it is good to go with Dollar Cost Average technique which will help in buying bitcoin at an average price against the peak and bottom price of bitcoin.
sr. member
Activity: 1428
Merit: 252
July 31, 2023, 10:00:54 AM
Hi I have been toying with the idea of investing in BTC but have waited due to some investors saying the price will drop to 12 - 16k again. do you think it could still drop to this or are we more likely to move on up to 40k?

thanks in advance.

if you have been playing with btc for a long time, now is a good time to buy it because no one can guarantee that the price will drop in the range of 12k - 16k, but in investing you certainly have analysis and reference in making decisions.

Right, if we want long -term profit then now is the right time to buy, many people always think of buying at a low price, but when there is an increase they are sorry for missing the opportunity to get a cheap purchase price for fear of losing money.
full member
Activity: 532
Merit: 181
July 25, 2023, 05:52:14 AM
We are always curious whether the current price is cheap or not, but as investors of course we have to be willing to take risks, when the price reaches $ 25k I think about buying, but I'm afraid if the price drops below $ 20k so I cancel plans to buy at that price $25k, and now it's around $30k, and if we don't buy soon we'll regret it again.

To me any time is a good time to invest in crypto.Based on this concept, never invest more than you can afford to lose, or, as I prefer, take what you would take to Vegas.lol, I've been a trader for a while, and this took a long time to learn and apply.Time and discipline win. I have a weekly predetermined amount of money that I put into the markets. My plan is long term on BTC, so there is no reason not to buy it while it is down. Sure, it could fall further, but all evidence indicate that it will rise again in time. (remember, indicators are nothing more than guesses)For the time being, I am buying Bitcoin on a weekly basis, at the highs and lows. consistent.Market time will make you wealthy.
legendary
Activity: 3094
Merit: 1127
July 24, 2023, 04:30:59 PM
I think bitcoin has good potential if we buy now, the current price is only about 45% compared to the ATH it has ever been, if we buy more and be patient then we can get big profits, many millionaires and successful people dare to buy bitcoin and hold on certain period of time.

Those who know the true value of Bitcoins are accumulating it in a continuous manner. For them the amount they are buying doesn’t matter. But yes they are buying it continuously in smaller portions whatever comes in their budget. These people knows that Bitcoins are very rare. A time will come when the demand of Bitcoins will be at peak and their will be scarcity of Bitcoins. At that time if you have sufficient Bitcoins, then you can sell them for almost 10x the price now. So yes there is not good or great time to invest. Whenever you have funds just buy the coins irrespective of it’s price.
DCA is the key and its true that those people who do really value and see bitcoins potential are the ones who would really be taking out advantage when it comes to price dips and decrease on which it would really be that just normal that they would really be having that kind of opportunity taking considering that it is really that still cheap. There are really just that those people who are really that keep hesitating when it comes to buying
decisions specially on the time that they would really be seeing the market is really going down. Good time to invest does always pertain about on a dumping market and not on a pumping one because once you do
caught yourself on the peak then you would really be ending up on becoming a holder on which the recovery time or year is still unknown on which it would resulting into a long time wait.
Investing decisions would really be entirely and depending on you because not all would really be that wise on taking up decisions due to their emotions is on the way.
hero member
Activity: 2058
Merit: 710
July 18, 2023, 04:48:35 PM
2 or 3 days ago when the price reached $31600 then a lot of people on social media were hoping the bitcoin price could drop again to $30k and now the $30k price is happening again so I think it's an ideal opportunity to buy more, we will regret not buying now because the potential for prices to skyrocket is huge.
The desires and expectations of each person are very varied and different which cannot be denied because everyone also has their own thoughts when it comes to buying. Even though they also know that the current implementation of DCA is still pretty good in terms of buying slowly according to their abilities, so they won't feel forced to buy Bitcoin. Although the goal is to earn more with Bitcoin at a better time in the coming year.

Of course the potential is huge, but it all depends on your patience and how long you are willing to wait to get a good profit. Now bitcoin can be said to be at a key level of support and resistance. For the uptrend to continue, bitcoin needs to break the 32-33k level. But so far this is not happening for the first time. That is, if bitcoin does not break the resistance, there is a possibility that it will fall again.
The possibility of falling back is always there with Bitcoin, but it will not be too much in my opinion. Because from what is seen now in the market that Bitcoin is back under $ 30K, but the current price is also not too far from $ 30k which means that a correction of a few percent with a small size can always occur even though an increase with a slightly higher resistance level big is also still looking difficult to happen to Bitcoin even though it is not likely to happen suddenly to Bitcoin in this year.
copper member
Activity: 2268
Merit: 539
LuckyDiamond.io - FLAT 50% Deposit Bonus!
July 16, 2023, 07:52:32 AM
I think bitcoin has good potential if we buy now, the current price is only about 45% compared to the ATH it has ever been, if we buy more and be patient then we can get big profits, many millionaires and successful people dare to buy bitcoin and hold on certain period of time.

Those who know the true value of Bitcoins are accumulating it in a continuous manner. For them the amount they are buying doesn’t matter. But yes they are buying it continuously in smaller portions whatever comes in their budget. These people knows that Bitcoins are very rare. A time will come when the demand of Bitcoins will be at peak and their will be scarcity of Bitcoins. At that time if you have sufficient Bitcoins, then you can sell them for almost 10x the price now. So yes there is not good or great time to invest. Whenever you have funds just buy the coins irrespective of it’s price.
legendary
Activity: 2660
Merit: 1141
July 15, 2023, 04:30:26 PM
2 or 3 days ago when the price reached $31600 then a lot of people on social media were hoping the bitcoin price could drop again to $30k and now the $30k price is happening again so I think it's an ideal opportunity to buy more, we will regret not buying now because the potential for prices to skyrocket is huge.
Of course the potential is huge, but it all depends on your patience and how long you are willing to wait to get a good profit. Now bitcoin can be said to be at a key level of support and resistance. For the uptrend to continue, bitcoin needs to break the 32-33k level. But so far this is not happening for the first time. That is, if bitcoin does not break the resistance, there is a possibility that it will fall again.
Even bitcoin also has the potential to experience a correction even though the price has managed to break the $32k resistance. There are many traders who will take profits in that area which in turn will push the price down to find another support. Traders panic too easily and you also need to consider that some large investors who have been waiting for a long time to recover their losses will also be selling their bitcoin for a while.

At the moment it is true that the $32k resistance is something that might trigger price to break another resistance at $33k and $35k. But I don't think that will prevent a correction so if you are not a long term holder then you also consider the risk.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
July 15, 2023, 02:22:52 PM
I think now is the right time to buy more, currently the price is around $25800 and if we buy now then we can get big profit, remember that next year there will be a halving day which will make the price skyrocket in a short time. The key to success in investing in cryptocurrencies is to be patient.

Those who put money into bitcoin that time will have good profit but all bitcoin  investor should still wait and try to avoid selling of bitcoin this time because halving is near and that will be beneficial period for all investor to reap the advantage of rising price.

We cannot say that this is not a right time but still you can buy bitcoin because we have experience from previous history that Halving can make you rich if you take wise decision. All those who don't have yet make decision for buying bitcoin should think widely and if wants to become rich then use your money to earn money and don't make sudden decision as it will make you looser.
hero member
Activity: 2086
Merit: 575
July 15, 2023, 09:28:55 AM
It is right about now. It looked like it will go up and then had a short fall, if you buy right now there is a good chance that you could make a profit quickly, doesn't mean tomorrow but it would not take too long to make a profit. Of course a better way would be buying now and waiting for long term, because we all know that eventually it will be bigger and better than what it is right now as well, but if you want to lower the risk and increase the possibility then you would have to agree to hold it for a long time. I have seen people who bought at 20k range at 2017 and saw it drop a lot and still profit, by DCA'in all the way to 2021 which made them insane amount of profit. So if you want to make sure you profit, DCA and hold for many years.
sr. member
Activity: 2282
Merit: 439
Cashback 15%
July 15, 2023, 09:14:44 AM
2 or 3 days ago when the price reached $31600 then a lot of people on social media were hoping the bitcoin price could drop again to $30k and now the $30k price is happening again so I think it's an ideal opportunity to buy more, we will regret not buying now because the potential for prices to skyrocket is huge.
Of course the potential is huge, but it all depends on your patience and how long you are willing to wait to get a good profit. Now bitcoin can be said to be at a key level of support and resistance. For the uptrend to continue, bitcoin needs to break the 32-33k level. But so far this is not happening for the first time. That is, if bitcoin does not break the resistance, there is a possibility that it will fall again.
sr. member
Activity: 1526
Merit: 255
July 15, 2023, 09:07:05 AM
2 or 3 days ago when the price reached $31600 then a lot of people on social media were hoping the bitcoin price could drop again to $30k and now the $30k price is happening again so I think it's an ideal opportunity to buy more, we will regret not buying now because the potential for prices to skyrocket is huge.
sr. member
Activity: 2422
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
July 15, 2023, 06:36:39 AM
Hi I have been toying with the idea of investing in BTC but have waited due to some investors saying the price will drop to 12 - 16k again. do you think it could still drop to this or are we more likely to move on up to 40k?

thanks in advance.
Bitcoin is best coin for investment. It's price gradually increasing. And i think bitcoin investment is more safe. So thousands people involving on bitcoin. I think bitcoin price will continue. And i think bitcoin price never will come $12k-$16k. So who tell bitcoin price coming $12kto $16k i think he not told true. I think bitcoin price will $60k to $100k. So if anyone want to invest on Bitcoin, i think it is best time for investment.
all clear, no one will deny that bitcoin is the best investment and will never be detrimental to those who hold it as well as possible until the situation starts to move.
but right now it is on the rise even so it is possible that there will be a correction in bitcoin, but I agree that it is very unlikely that it will be corrected to that price, maybe it will only arrive at $ 20K which includes a very deep correction.
the increase for the end of this year will not be too much and that's only natural because next year it is expected there will be an increase.
full member
Activity: 602
Merit: 144
Chainjoes.com
July 14, 2023, 03:39:38 PM
Hi I have been toying with the idea of investing in BTC but have waited due to some investors saying the price will drop to 12 - 16k again. do you think it could still drop to this or are we more likely to move on up to 40k?

thanks in advance.
Bitcoin is best coin for investment. It's price gradually increasing. And i think bitcoin investment is more safe. So thousands people involving on bitcoin. I think bitcoin price will continue. And i think bitcoin price never will come $12k-$16k. So who tell bitcoin price coming $12kto $16k i think he not told true. I think bitcoin price will $60k to $100k. So if anyone want to invest on Bitcoin, i think it is best time for investment.
hero member
Activity: 2058
Merit: 710
July 13, 2023, 11:26:10 AM
If you invest in Bitcoin for the long term, be sure that you should buy Bitcoin at any time without considering price and time. Because each of us must have faith that the price of Bitcoin continues to increase. This is regardless of the price of Bitcoin when we buy it, in the end, the final price will increase in the long term, especially when the halving moment is getting ahead.
Buying Bitcoin for investment purposes is a bit different in designation than buying Bitcoin for trading so price considerations are not always the benchmark. But it would also be better if an investor wants to consider the price when he buys for long term investment, especially if he buys it in larger quantities. Because investors also take advantage of certain moments like you said to get profits after successfully buying at a cheaper price with a large amount.

Quote
So, the ideal strategy for investing in Bitcoin that can also be used for beginners like me is the DCA strategy. because In this dca strategy, we buy Bitcoin repeatedly in the same period and for a fixed amount. Because I think one of the best things about Bitcoin is that it's a more transparent system. Because bitcoin technology is difficult to find in the banking world. Of course, bitcoin is a good way to avoid inflation, so don't delay buying time while there is still time.
Buying at low prices is also part of a good strategy besides the DCA strategy which can indeed be applied by everyone at any time. Moreover, next year there will be a halving moment that many people are waiting for, so now is the right time for everyone to continue to get Bitcoin at the price currently circulating on the market in hopes of getting better profits at the halving moment later.
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