Topic: Good time to invest in BTC? - page 8. (Read 1787 times)

I think now is the right time to buy because the price is still cheap at around $28k, many predict that this year the price will set a new price record so by buying now we will easily get 200% profit. don't just keep asking, take real action, namely buying before tomorrow or next week the price skyrockets.

Don't look For 40K  it's still a long time it could be a few months but some investors may believe that Bitcoin will drop again to 26k, others may believe that it will continue to increase to 35k but if you are sure enter today to invest and you can do it in a short term pattern, for example weekly or monthly, but it's better in the long term because the results are better and worth the estimated value of your investment.

Don't believe in investors that say's the price drop or fall just believe in your own and do research, because nobody knows what's the future of crypto it is unknown and if you believe in the people around you that always wanted to extend thier prediction even if it is not accurate then you will not earn at last. Just do invest in btc because btc is a legit coin and you will earn on it if you can wait for the best time.

very true opinion from you, in investing in crypto you really have to learn from all the existing references about the investment, because by trying to learn it you can take actions that are in accordance with your own analysis and not stuck with other people's estimates which are not necessarily true.
you are right that there is indeed an increase but it looks like it is just a surprise and will not continue, for the short term it is clear that bitcoin is very risky without proper analysis, but for the long term it is clear that bitcoin has proven that it will always make ATH renewable after every halving period.

Bitcoin always remain potential in cryptocurrency, and no time someone invest in bitcoin is waste, so I believe that bitcoin will never fall to the extent that it will not rise again, I believe that bitcoin can never be a waste of investment if you know the potential difference between and altcoins

Take this note : Believe nobody.
And to be honest, only minority ( the ones who own huge amounts of Bitcoin ) have the most accurate predictions and of course you cannot find out their expectations easily and in public.
And in my opinion, you should invest in yourself by learning the basics of crypto instead of following inaccurate predictions from a bunch of liars. In conclusion , you will never make any good decisions without knowledge and education. Moreover, we have not seen any solid bull run for long time, the market is dramatically  volatile, Bitcoin price is pumping and dumping but with a low value, it means short term investment is unprofitable.

Bitcoin's price is unstable due to universal events, rules, investor sentiment. Analysts have mixed opinions on its future value, some forecast a drop to 12-16k while others foresee a rise to 40k+. Investing in Bitcoin carries risks, only invest what you can afford to lose. Do your findings, have good knowledge of the risks and seek advice from a financial experts before financing.

Why then do you say that it is likely for Bitcoin to drop below $20k when you also say that chances are slim? You mean it is unlikely but not impossible to drop below $20k.

When you say that the worst is over, as much as I would like that to be true, as much do I have to say that nobody really knows at this point in time. The Chinese could still escalate and that would not only result in a military war, but also in an unprecedented economic war. We already have an unprecedented global situation and that would make it even worse. Probably much worse.

But when it comes to investing in Bitcoin, waiting too long can be as harmful as going to fast. I think adding Bitcoin to your portfolio never is a wrong decision if you leave yourself some scope for action depending on how the world develops. I think it is difficult to tell how people would treat Bitcoin as an asset class when the world were to enter in an even worse situation. Is it an asset they use to escape from other systems, or is it the first they would liquidate in order to have cash to pay for all the necessary items and services?

It is true that bitcoin is still likely to drop below $20k or even lower, but the chances of that happening are slim. Regarding the world economic situation, we are still having a hard time, but the worst is over, I mean, this year is still better than last year, inflation has started to cool down, and we are also gradually adapting to the changes caused by war. Regarding the market, I don't think another crash like FTX will happen this year, and we are getting closer to halving. So the possibility of bitcoin plummeting is very low, instead, we are entering the recovery and accumulation phase, so waiting for the price to drop lower to buy will be a bad decision.

If you invest at the right time, you can definitely get good profits. If we invest in the current position of the market, we can definitely get a good profit in the future. Currently the price of Bitcoin is at $29k. We have seen the Bitcoin market dump a lot when the Bitcoin market dropped below around $15k. But now the market is no longer in a state and has increased a lot so there is a possibility of more growth in the future. So investing in Bitcoin now will definitely have the desire to profit in the future.

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.

I agree that waiting for the Bitcoin price to reach the level that some people predict at $15k-$16k is an inappropriate investment strategy. Even though the price of Bitcoin is very volatile, the fact is that the price of bitcoin has always been above $25k in the last few months, so waiting for the desired price could mean waiting forever or may never happen.

Instead, the DCA strategy can be a good choice. DCA involves buying Bitcoins regularly, for example every month, for the same amount. This can help reduce your investment risk by buying Bitcoin at a variety of different price points over time, thereby making it less likely to buy at a peak.

there is always the possibility that it will go down again, it can still happen, if you look at the crisis situation, it has not been fully controlled properly, there are still many countries that have to experience difficulties in repaying debts that must be rescheduled and other difficulties, so this indicator will also affect crypto is no exception when it comes to bitcoin prices.

but I agree with your opinion that to immediately buy bitcoin at this time, because bitcoin will always increase in time. it must be remembered that next year is when the halving will occur and usually prices start to improve until a year later. so there is no need to delay until it goes down again because whenever you buy at any price you will definitely get a profit if you want to hold it until the increase occurs.

Which of the crypto news that say bitcoin will drop to $12k or even low?
Menh i don't really suggest you should look at any investors to what they are saying based on their personal experience and, you should also note that no one knows total direction of bitcoin. To me whatever place you noticed the market is low enough to invest then go ahead doing it without waiting for it to get lower price.
Have you asked yourself this question; What if you are waiting and market changes direction and act against you, would you still regret or blame investors who said you should wait for the price to get to 12k before buying?

To any level you found yourself just buy with little amount and hold, maybe if market gets lower you keep buying so don't totally wait for market to dip that much before holding bitcoin.

If you're still dilly-dallying on this as raised in your thread topic, then it's obvious that you will miss the bus. You've Bitcoin at less than half the price of its ATH and you're still afraid of going in? By the way, what gives you the assurance that price will crash to that $12 – $16k region, apart from that some random dudes said it? Why don't you assume that this level is its lowest at this time and then invest in it? Yes, quite alright I know that this is purely a speculative industry and that any price is possible (either up or down) but I wouldn't dillydally buying now if I were you.

At one point, bitcoin dropped to $16k, this happened last year, if you miss it, you won't have a chance to see $16k worth of bitcoins again. The market has been through the hardest period, and we are recovering, so a drop in bitcoin to $16k is unlikely. I advise you to buy bitcoin now, otherwise, you will continue to regret like the way you are waiting and miss the good price.

And if we are more honest, it will hope that Bitcoin will go more down so that we can make a maximum purchase. Rising and down prices is something that is common in Bitcoin and that we cannot avoid, for people who have not started, it is now the right time to try to invest some purchases and most importantly adjusted to the capital capabilities that are owned.

It is not a suggestion but a price prediction if Bitcoin again experiences correction for the next few months and the prediction is also not necessarily true. Meaning that it needs a separate analysis for anyone who wants to be involved and I see the correction process will continue before Bitcoin reaches ATH next year front.

That's what and everyone must have its own strategy in investing in Bitcoin and until now I still believe that DCA patterns are one of the good strategies for people who have small capital. Personally I also did not see the price of Bitcoin will be close to the price of $ 15K for the future correction phase, because the closest is always above $ 25k on its way for the past two months.

I mention the price of $ 15K- $ 16K is just the desire of some people who have not yet invested, because it must be targeting low prices for initial purchases. My assumption is in accordance with experience when I start taking an investment opportunity and of course everyone has its own way of carrying out investment in Bitcoin.

Investment strategies may vary, but sometimes the market doesn't give them the opportunity to buy in the area lower than last year's low ($15k) because bitcoin's fundamentals are too positive. The price recovery trend is expected to quash hopes of another big dump this year, but while they doubt prices, then I think they should remember about DCA.

Most people expect the price to improve further ahead of the 2024 halving, so I don't think it will ever go below $15k again. Even if there is no certainty, the market should be more bullish ahead of the halving. Coming back to my point, if they doubt price can go any lower then do DCA.

Many people failed last year to buy bitcoin at a lower price when it was around $15k, in fact bitcoin never went down to lower level like they hoped but instead could break through $31k in April 2023. Also about their hopes going forward I think they it will only fail if it doesn't buy at this time regardless of whether they buy it on DCA or lump sum.

Short or long term investor, both are expecting for an increase because this is the only way for them to profit but let's be real, there are times where price can go down. It's only about the timing so we should monitor the price actively if we are about to sell so that we can't miss a good selling opportunity and it won't lead us to wait for a long time again. For those who haven't started yet, they better start now as the bull run is still forming.

I don't recommend waiting for that price you wrote because they are too low already from what the performance of BTC is showing lately. Correction means a slight decline. If they believe on you about a correction, then they can wait for a while.

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.

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.