Good time to invest in BTC? - page 2.

stomachgrowls

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Quote from: ndutndut on July 10, 2023, 02:13:08 PM

Quote from: Semar Mesem on June 25, 2023, 07:37:58 PM

I think now is a good time to buy, the current price is around $30k and the potential for an increase until the end of the year can easily occur, this is because the halving day will occur at the beginning of 2024 so there will be a surge in demand and it will be easy to get profits if we buy now.

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.

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.

If you are really that going for long term with Bitcoin then buying price wouldnt really be an issue or would really be a serious matter since you could really be able to enter the market on whatever price it would be on the

time that you've decided to invest but if you are that someone who do really make out some short trades or making some scalping then making those good entry price would really be something important for you to determine and this is the time we do really make out those kind of analysis when investing to Bitcoin. Although it would really be totally random considering this market is truly that unpredictable or
something t hat cant really be that known despite of those situations or events do happen around.

TA+FA would really be good on considering on making yourself do assume on where the price could possibly go. This is why its really important on having this kind of knowledge.
Invest on what you could afford to lose as always and be wise on making or taking decisions.

ndutndut

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Quote from: Semar Mesem on June 25, 2023, 07:37:58 PM

I think now is a good time to buy, the current price is around $30k and the potential for an increase until the end of the year can easily occur, this is because the halving day will occur at the beginning of 2024 so there will be a surge in demand and it will be easy to get profits if we buy now.

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.

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.

eightdots

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Quote from: StreakW on July 10, 2023, 11:53:57 AM

Quote from: CryptoBuds on May 30, 2023, 05:14:43 AM

Quote from: StreakW on May 30, 2023, 03:20:26 AM

Quote from: Houdini76 on April 16, 2023, 01:10:21 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.

I don't think the bitcoin price will drop below $18k anymore. Especially if you look at the recent crypto market sentiment, it seems that the price of bitcoin is more inclined to go up, it doesn't even rule out the possibility that the price of bitcoin will reach $ 40k. Therefore, if you really want to invest in bitcoin, pay attention to market sentiment, to convince yourself whether Bitcoin will experience another increase or decrease so that it will make it easier for you to make a decision to determine the right time to invest in bitcoin.

It is tough to be sure of anything when we talk about bitcoin, bitcoin is unpredictable. I don't know if bitcoin can drop below 18k again. But I believe in history, and I think that before we officially enter the bull season, there will still be a dump waiting for us ahead.
For those who haven't bought bitcoin yet, they should buy now, now is still a good time to buy bitcoin. But if someone has already bought some bitcoin and wants to buy it cheaper, they can risk waiting. I still believe there will be another downfall, IMO.

Indeed Bitcoin is unpredictable. Choosing the right time to buy Bitcoin is a very individual decision. Some people may choose to buy now because they believe the price will continue to rise in the long term. However, keep in mind that there is no guarantee that the price of Bitcoin will continue to increase.

For those who have bought Bitcoin, trying to buy it cheaper that is, selling it and hoping the price goes down is a risky strategy. If the price of Bitcoin continues to rise instead, the person may miss out on opportunities to earn further profits. After all, trying to predict the market correctly is a very difficult task, and the results can be very uncertain.

What we agree on is that we cannot accurately predict the price of Bitcoin. Therefore, the investment decision is individual. Others are just guessing but don't know what will happen. Set a price and buy at that price. If you believe in bitcoin, you will see that it will rise after a while. The real issue here is that we don't know how long this time is. This shows the individuality of the investment decision.

Do not buy or sell with anyone's opinion. Make your own decisions.

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Quote from: CryptoBuds on May 30, 2023, 05:14:43 AM

Quote from: StreakW on May 30, 2023, 03:20:26 AM

Quote from: Houdini76 on April 16, 2023, 01:10:21 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.

I don't think the bitcoin price will drop below $18k anymore. Especially if you look at the recent crypto market sentiment, it seems that the price of bitcoin is more inclined to go up, it doesn't even rule out the possibility that the price of bitcoin will reach $ 40k. Therefore, if you really want to invest in bitcoin, pay attention to market sentiment, to convince yourself whether Bitcoin will experience another increase or decrease so that it will make it easier for you to make a decision to determine the right time to invest in bitcoin.

It is tough to be sure of anything when we talk about bitcoin, bitcoin is unpredictable. I don't know if bitcoin can drop below 18k again. But I believe in history, and I think that before we officially enter the bull season, there will still be a dump waiting for us ahead.
For those who haven't bought bitcoin yet, they should buy now, now is still a good time to buy bitcoin. But if someone has already bought some bitcoin and wants to buy it cheaper, they can risk waiting. I still believe there will be another downfall, IMO.

Indeed Bitcoin is unpredictable. Choosing the right time to buy Bitcoin is a very individual decision. Some people may choose to buy now because they believe the price will continue to rise in the long term. However, keep in mind that there is no guarantee that the price of Bitcoin will continue to increase.

For those who have bought Bitcoin, trying to buy it cheaper that is, selling it and hoping the price goes down is a risky strategy. If the price of Bitcoin continues to rise instead, the person may miss out on opportunities to earn further profits. After all, trying to predict the market correctly is a very difficult task, and the results can be very uncertain.

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Quote from: SquallLeonhart on April 23, 2023, 10:33:21 AM

Quote from: rodskee on April 20, 2023, 06:00:22 AM

Quote from: Houdini76 on April 16, 2023, 01:10:21 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 are stupid enough to believe in random people saying this and that, then you will never succeed in crypto investing mate because what you need to have here is to trust Bitcoin and keep it on hold as long as you can.
remember that we are talking about bitcoin here in which the safest and the strongest coin crypto ever had.
so assurance is always there to keep you moving and trusting.

I agree, people who trust others will never amount to anything, they will keep making mistakes over and over again and that will be terrible for all of us because that money could also go into bitcoin and make it higher, but instead not go into it because influencers convinces of them something else.

why not use those advise as combination when trading and investing than doing one of those,
people has their strategies and yes if we will dig deeper then we will progress and gain more than single learning.

Quote

It could be bitcoin will go lower, it could be some terrible alt, it could be anything that causes them not to buy bitcoin at that moment. When that happens, not only that investor loses money, but also we do not make a profit that could have helped us as well. If you want to be a good investor, ignore influencers and start investing into bitcoin for the long term and you will make a profit out of it without a doubt.

if bitcoin goes sideways then take that advantage to buy more , and if bitcoin goes directly up then sell your coins for readying in the future.

wmaurik

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Quote from: yohananaomi on July 05, 2023, 07:32:46 AM

it is always not easy to predict the movement of bitcoin at this time, because there are many influences that make bitcoin continue to increase or be corrected. It must be remembered that the world economic situation has not yet improved and coupled with domestic problems in European countries, it will also affect purchasing power in any field, including bitcoin.
so that at the current price it may increase later or even be corrected again, but you can be sure that the end of the year will start to recover, because the era of the halving period is near and will occur at the beginning of next year. so it is right now to buy and hold it until next year where it is expected to start increasing.

The influence of purchasing power in society due to the economic situation that has not fully improved in several major countries is clearly there, but if what is meant is for things like Bitcoin, I think the purchasing power will still be there and there will be a lot of it considering the halving period which is already very well known and is also being awaited by many people.

So that the increase in Bitcoin price that has been seen lately is also quite good even though there is also a correction, only you can see for yourself what percentage of the correction has occurred, then try to compare it with the percentage increase that has occurred every month this year. And I'm sure the percentage increase is still far greater than the correction in the six months that have passed this year.

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Quote from: Smitty Werben Man Jensen on June 26, 2023, 07:25:12 AM

Quote from: Semar Mesem on June 25, 2023, 07:37:58 PM

I think now is a good time to buy, the current price is around $30k and the potential for an increase until the end of the year can easily occur, this is because the halving day will occur at the beginning of 2024 so there will be a surge in demand and it will be easy to get profits if we buy now.

Yes, Bitcoin is still at a price of $ 30k, which means that there is a lot of demand at this level and this is also good news,
with optimism for holders the market can get hype again, it's just that we have to pay attention to support at $ 29k,
because I'm afraid the price of bitcoin will fail again.

it is always not easy to predict the movement of bitcoin at this time, because there are many influences that make bitcoin continue to increase or be corrected. It must be remembered that the world economic situation has not yet improved and coupled with domestic problems in European countries, it will also affect purchasing power in any field, including bitcoin.
so that at the current price it may increase later or even be corrected again, but you can be sure that the end of the year will start to recover, because the era of the halving period is near and will occur at the beginning of next year. so it is right now to buy and hold it until next year where it is expected to start increasing.

mvdheuvel1983

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Quote from: Houdini76 on April 16, 2023, 01:10:21 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.

We have been supporting bitcoin and so far even when we thought the market was going to affected again because of the SEC, Binance and Coinbase issue, it didn't bulge. And we are glad it it. If this isn't a good time to invest in bitcon, when? Yesterday was a great day and time to buy bitcoin. The next best time or day to buy bitcoin is today. This present day. And the good thing about it is that you can buy as much as you want and as much as you can afford. You can buy today and choose to buy tomorrow again or monthly whatever works for you.

When the OP wrote this about 2 months ago bitcoin's price was at $28k today, it is at $30k plus soon it will break the $30,500 threshold. You are still early, and you do not have to wait for price drop before you invest but then this decision is solely up to you.

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Quote from: benalexis12 on June 26, 2023, 08:42:09 AM

Your question should be in the Bitcoin discussion section not here in the Economy section. However, anything can happen with Bitcoin either going up or down, not just what you believed you were told. That can still happen, just in our current situation, the truth is a bit unclear if you look at the graph chart of Bitcoin in the market.

It can still be here because this topic content that the OP wrote leads to speculation.
You can read that he wants our thoughts on whether we think the price will tend to go up to $40k when someone says the price will drop again at that time.

While the price is still below $30k, investors are getting no signs that the Bitcoin price chart could reach $30k some time ago.
This signifies that anything can happen with Bitcoin because Bitcoin is very special with the surprises that occur.
Smart investors have a strong level of patience in holding.

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Quote from: ShowOff on June 23, 2023, 12:40:50 PM

Quote from: wmaurik on June 23, 2023, 11:32:33 AM

Everyone can still consider holding Bitcoin for 4 years as an investment because that amount of time is not that long for a long-term investment. But it will still depend on market conditions in each year, because besides expecting good conditions at moments like halving, we should also expect more good news for Bitcoin so that there is an effect for a better price increase in the market.

4 years feels good enough as a mature plan to get a return on bitcoin investment. Even I believe a seasoned investor shouldn't have to wait up to 4 years to get a 100% return on their investment, especially if they know when to invest. Of course they do the analysis and make the decisions, so when you study hard you might as well be as successful as they are.

You don't need to complain when the market is corrected, but you just need to take advantage of it to build a better investment portfolio. DCA is one of the most recommended strategies, but do everything wisely because you still need budget adjustments.

I believe there is a good chance to get 100% return on investment in 2 years... I say that because halving is next year, and the effects can be felt by 2025. Moreover, Bitcoin is still at 30,000$ price range, what means there is a lot of growing potential yet to reach close to its last ATH of 69,000$. Even if BTC doesn't make it to a new ATH on the next bull run, investors can still double their investments if BTC simply reaches to 60,000$ once again, what shouldn't be that hard, considering how it behaves each new halving cycle.

Despite the recent pump in BTC price, it's still a convenient moment to purchase more coins thinking on the scenarion for the next years.

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Quote from: Houdini76 on April 16, 2023, 01:10:21 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.

Your question should be in the Bitcoin discussion section not here in the Economy section. However, anything can happen with Bitcoin either going up or down, not just what you believed you were told. That can still happen, just in our current situation, the truth is a bit unclear if you look at the graph chart of Bitcoin in the market.
You know, my advice to you is, as long as you can buy Bitcoin, take the opportunity to buy it if you know yourself that you don't know enough about it, at least while you are still in the learning stage. You have some Bitcoins saved up somehow, right?

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Quote from: Semar Mesem on June 25, 2023, 07:37:58 PM

I think now is a good time to buy, the current price is around $30k and the potential for an increase until the end of the year can easily occur, this is because the halving day will occur at the beginning of 2024 so there will be a surge in demand and it will be easy to get profits if we buy now.

Yes, Bitcoin is still at a price of $ 30k, which means that there is a lot of demand at this level and this is also good news,
with optimism for holders the market can get hype again, it's just that we have to pay attention to support at $ 29k,
because I'm afraid the price of bitcoin will fail again.

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I think now is a good time to buy, the current price is around $30k and the potential for an increase until the end of the year can easily occur, this is because the halving day will occur at the beginning of 2024 so there will be a surge in demand and it will be easy to get profits if we buy now.

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Quote from: Dessy88 on June 24, 2023, 09:40:08 AM

Bitcoin is good invest for long time history so i could buy at anytime. Here you are also unlikely to be protected if something goes to wrong, so don’t buy cryptocurrency unless you are prepared to lose all the money you have invested. So i can't suggest bad step where you can loss assets but more learning about crypto then try to invest.

Yeah Bitcoin is one of the crypto currency assets that looks real because has very good charts and history compared to altcoins,
and of course many big companies choose Bitcoin to be their number 1 asset and they believe that bitcoin will change this world.
try to look at the information about halving and its price history, then you will be able to answer that this is the right time to invest in Bitcoin.

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Bitcoin is good invest for long time history so i could buy at anytime. Here you are also unlikely to be protected if something goes to wrong, so don’t buy cryptocurrency unless you are prepared to lose all the money you have invested. So i can't suggest bad step where you can loss assets but more learning about crypto then try to invest.

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If you are impatient and haven't bought Bitcoin under $30k and under $20k last year then of course you have to be prepared to take the risk.
because $30k is an important level for bitcoin to be bullish, but to be honest I myself also don't know whether $30k can last or not.
because if bitcoin drops below $ 30k, of course it will be bad again.

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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.

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Quote from: Houdini76 on April 16, 2023, 01:10:21 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.

Instead of getting idea from different member you should go for to start accumulating Bitcoin at every dip through DCA, because still it's too low from his previous All Time High which is around 69k and everyone know that in 2024 halving will occur which has always really big impact on price and according to BTC history after each and every halving it break his ATH and move toward his new ATH.
So the point is that every long term BTC holder get profit no matter at which price he got Bitcoin(Suppose below 30k), because after next halving it will not allow you an opportunity to buy below 30k.

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Quote from: wmaurik on June 23, 2023, 11:32:33 AM

Everyone can still consider holding Bitcoin for 4 years as an investment because that amount of time is not that long for a long-term investment. But it will still depend on market conditions in each year, because besides expecting good conditions at moments like halving, we should also expect more good news for Bitcoin so that there is an effect for a better price increase in the market.

4 years feels good enough as a mature plan to get a return on bitcoin investment. Even I believe a seasoned investor shouldn't have to wait up to 4 years to get a 100% return on their investment, especially if they know when to invest. Of course they do the analysis and make the decisions, so when you study hard you might as well be as successful as they are.

You don't need to complain when the market is corrected, but you just need to take advantage of it to build a better investment portfolio. DCA is one of the most recommended strategies, but do everything wisely because you still need budget adjustments.

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Quote from: Joshapat on June 21, 2023, 10:46:06 PM

Investments that have high profit potential of course have high risk, many people think they want big profits but low risk, and I guarantee that it will never exist, cryptocurrencies provide us with good opportunities for big profits in a short time, if we buy bitcoin when and hold for at least 10 years so we have a chance to profit at least 500% or 50% per year.

For me 10 years is not a short time mate, even though Bitcoin is almost 14 years old. But to live 10 years by saving Bitcoin will not be as easy as you might imagine even though it is for profit, because the profit in the investment cannot be determined by ourselves. Unless we can control the market with super large capital and I don't think everyone can be able to do such work through their investment. It sounds wonderful for 50% profit per year, but you even forget that every year the price of Bitcoin will not always increase as you imagine.

Quote from: yohananaomi on June 22, 2023, 01:32:40 AM

All investments can be sure to have risks and it all depends on the circumstances. In fact, usually if the risk is very high, the income you will get will also be high, so it is according to the situation. but buying bitcoin will obviously require a large amount of funds [because the price is already high] but certainty has been ensured, by willing to at least hold it for the fastest time of 4 years [halving period era], then you will get several times the profit from when you bought it.

Everyone can still consider holding Bitcoin for 4 years as an investment because that amount of time is not that long for a long-term investment. But it will still depend on market conditions in each year, because besides expecting good conditions at moments like halving, we should also expect more good news for Bitcoin so that there is an effect for a better price increase in the market.

Topic: Good time to invest in BTC? - page 2. (Read 1799 times)