Topic: how will it be? - page 4. (Read 690 times)

I don't think Op has any intentions of investing in an altcoin, and since he also admitted the he lacks the knowledge to analyse what direction the market of a coin will move it will be very risky for Op to go for any other coins and most especially now that he's looking to hold for a long period of time.
It's possible for Bitcoin to go below 20k and trust me so many people are praying for it to happen so that they can accumulate more Bitcoin while others just want the price to keep increasing till it gets to its all time high again.

I will advise you to choose bitcoin because the stage it's now is going to continue going up apart from that I have good belive bitcoin will not come down below 20k now and even though it goes below that it still has hope more than the alt Coin you are talking about.

Yes it would be great, but mainly you should do a DCA, because original price obviously no one can know so it's better you buy half Today then later on you can buy remaining amount later on if things are in your favour, because you won't lose full in case things go south. So when in delusion best option is DCA.

Continues accumulation of Bitcoin can help young investors who can't decide whether they will buy now or wait. The market is too unpredictable to think that it will drop at certain date so we can buy, it is better to buy when we have budget and does know how to wait and to monitor the market. If we're in long term investment tries to accumulate as much as we can at this time since we will never know when will the price pumps again same with on how low we can buy it.

If your goal is to gain a good profit from a long-term holding then it is still a good time to buy Bitcoin. The price is still low and because it's volatile, you'll still never have an idea when the dip is so better to grab the chance while the price is still n a good state to buy. Long-term investment will be a wise move especially when thr bullish season approaches. Better grab the opportunity than miss it because of waiting.

There isn't much dumping in the position Bitcoin is currently in. If you invest from current market then wait till ATH then you can definitely earn huge profit. Because at the moment the market will not decrease much but will move towards growth. And if you think Bitcoin will return to $20,000 again, it's not likely to happen this year. And I think right now is a good time to invest in Bitcoin. So if you invest and hold from current market and wait till ATH then you will get huge profit in future.

Why do you have to wait for the ATH to be tick before you buy bitcoin, do you know trading at all? The best time depends on where you find good support and you are convince to buy but I believe you should buy it now, or wait when we dip below $25,000 because that is the place I think we have sound support. Buy and hold until next halving and sell coin in peace on or before the halving, you can make 2x from the current price of bitcoin, but if you have the courage and want to hold for more years to come, hold it tight and stay away from media, they know how to make people sell their bicoin, you have to be a diamon hand.

Waiting might be a risky adventure, What if price continues to pump? Buying depends on what you define as long term? If your long term means holding no matter what happens then it is not bad to buy at this price, But if your definition of long term is just for few months i think waiting to see if price could sell a little more before buying will be a better option.

Alternatively to be on the safer side apply DCA, divide the capital into fractions you could risk 45% now then wait to see if price could fall further, if it does then you can risk buying at the new price. I used the term risk because the market is unpredictable it can move in either direction after wards.

It is true that there is always uncertainty in the market, there are no 100% guarantee that you can make a profit but we should play with our edge and the possibility of earning money will become high. Trading is a probability game, if you saw someone said that he has 100% win rate in trading; do not ever listen and follow that someone because he is a liar and losses are inevitable. Uncertainty is what makes trading and investing difficult but there are some ways in order for us to have an edge that we can use. I always advice to other people that if they want to make money by investing, they should ride a trend. What do I mean by that? there are 3 types of market in cryptocurrency and these are bullish, bearish and sideways.

I always tell them that in the beginning of the bullish market is the best time to make investment because this is where the price continuing to appreciate. Right now we are approaching bullish market so for me it is a perfect time to invest your 5k usd. But do not immediately put it, you should have predefine risks which consisting of cut loss wherein you know how much money you could lose if your bias did not happen. Remember the word uncertainty, there is no 100% guarantee that you can make a profit. By having a right mindset and attitude, there is a high chance that you can make money by investing in your knowledge and putting your 5k in an asset that have high chance of price appreciation.

this is what we should be anticipating, which is still waiting for bitcoin to go to a price of $ 20k, while currently it is still at a price of $ 28k. I think it's back to self-confidence to determine it. I personally prefer to buy some at this point, and if it really goes down to #20k, then I can buy it back, because no one knows after this bitcoin will continue to go up or experience a correction first, that way we will get everything possible bitcoin movement

The bear season is not over yet and there's more time for Bitcoin to go for second dip. Bitcoin do takes a long time before it will finally reach ATH again, afterwards there's still possibilities for Bitcoin to retest back to $20k spot but I would urge trader to find good solid entry on bitcoin and they should not hesitate to take the trade when their entry is triggered and taking profits when TP is smashed. Basically the space is risky and only the ones that have good setup requires more time to be a trade longer than expected because good entries do last long in the space.

^ BTC like any other investment, comes with risks, and there is no guarantee of future returns within an unspecific timeframe. The price of Bitcoin is highly volatile and can fluctuate significantly within a short period of time or more worst if you will wait a much longer time before it will recover price. If you are investing for the long term, you may not need to wait for a dip to invest. Dollar-cost averaging is a strategy that involves investing a fixed amount of money at regular intervals, regardless of the current price. This strategy can help smooth out the effects of volatility and can potentially result in lower overall investment costs.

The old time strategy is to buy some at this price and ladder the price down to pick from lower prices. In this trade market, non-custodial wallets cannot be absolute, because this strategy cannot be implemented on a decentralized exchange. One can move every purchase into noncustodial to save that part of investment.

Actually, this current rate is not the dip, because we had it under 16k.
But, if you are willing to buy crypto assets for the long term, exactly Bitcoin is the best choice at first. This is much safer than most altcoins, although the price of Bitcoins is also volatile and this is also risky, the risk is less.
Btw, actually, if the price is still under 30k, I think that the chance to get higher profit is still available to do. However, we have a good expectation to be more than $70k in the next ATH, or 100k if possible.

The market is full of uncertainty and the bearish market is still much alive but the recent institutional banking issue is making new and old investors accumulate more Bitcoin since it gives them the chance to be their own bank.
Having said that, since your plan to make the investment for the long term any price you buy is still a fair price but it would be nice if you can keep the investment for more years.

Bitcoin can go below $20K again and may not go below, everything depend on the enthusiasm people have after the banking bankruptcy.

The longer you wait for the price of bitcoin to dip, the harder it will be for you to decide whether to invest because you are anticipating a drop below the $20k mark. The price of bitcoin is currently fluctuating between $27k and $28k. Investing in bitcoin now is not a bad idea because you are doing so with the intention of waiting for it to rise above or reach its previous all-time high of $68k. It is hoped that it would become visible (ATH) around 2024 or 2025.

I don't think perfect time investing in Bitcoin around price still $28K, better save your $5K fund and waiting when bitcoin dropping few percent to make effective invest in bitcoin have lower price. Current Bitcoin price right now is $27,800 and potential drop few hundred dollar again, better waiting right time when Bitcoin have really drop under $27K for investing.

Despite long or short term investment never hurry exactly bitcoin still on higher price, I believe bitcoin will correction to lower price next few days later after stable on higher price. Maybe you can try with buy order on $27K than buy on higher price $28K with potential Bitcoin get dump few hundred dollar.

We never know for sure whether bitcoin will turn red or go higher in the next few days. You said you're ready to hold on for a long time, so I think it's time to buy bitcoin. But if you feel you can buy bitcoin at a lower price than now, then you can allocate half of the money you have to buy bitcoin now. And if that amount is too big, then you can trim it again.
We can only give advice here with what we see at the moment, and the decision is yours. You just need to be strong in holding bitcoins for the long term.

Unfortunately no one will be able to predict the price exactly whether it will fall in a few days or vice versa but what is certain is that in recent times the price of BTC has experienced rapid movements. You are targeting the long term then actually it is not a problem to buy at $28,000 or below as BTC price is not going to fall very deep in my opinion. When the decision has been taken to buy, then whatever price movements you don't need to regret because you have to focus on your long-term targets, and patiently waiting for the BTC price to reach what you have targeted.

We have different take on where bitcoin will go now. If you are weak on analysis just take someone opinion that is more logical to you and bet on it if you really want to invest and maximize your potential profit. In the end, You can possibly make a profit long term as most of us is bullish on bitcoin for long term. It will just take a while before it materialize but yeah profit is very possible for long term, No need to argue with it as most of the people are on the same line. Just don't panic and just hodl the plan that you follow didn't go as you expect. Buy BTC and cameback to it when it's bull run already, it's more effective that way if you don't have the balls of steel to see your bitcoin investment not going on the direction you want.