Topic: Is buying BTC now, the best option ??? - page 5. (Read 1656 times)
If we pay attention to the trends that have occurred since March it seems that bitcoin will not rise in the short term, maybe after summer or another 2 months the price can rise again because many investors are still waiting for the economic and political situation to improve, and when the price is on the floor then the best thing is to keep buying.
Bitcoin is still at a price of $ 26k and it is possible that there is potential to go up if you look at the 8h chart,
but in May this is a possibility that a correction can also occur because many people want Bitcoin to be cheap before the bull run arrives,
remember that June 1st Hong Kong has also allowed retail to buy cryptocurrency, it means that the market will revive and the effect will be positive.
but in May this is a possibility that a correction can also occur because many people want Bitcoin to be cheap before the bull run arrives,
remember that June 1st Hong Kong has also allowed retail to buy cryptocurrency, it means that the market will revive and the effect will be positive.
After March the price reached $30k making me very sure that the price will continue to rise until the end of the year, unfortunately the market stopped and continued to decline, price movement since the last 2 months can be said to be non-existent because the price for the last 2 months is almost the same, but this is an opportunity a good one to buy.
Actually price dropping and elevating are the two aspects of crypto market and we should not be afraid of anyone of them but think that we can take advantage from bitcoin of them and take every single decision with patience.
We can buy bitcoin anytime and during this year whenever there occurs a certain reduction in price so we should buy it because everyone knows that it will surely increase more and more in price.
Every condition is full of benefits if a person understands the market and try to understand fundamental rudiments of trading and investment.
We can buy bitcoin anytime and during this year whenever there occurs a certain reduction in price so we should buy it because everyone knows that it will surely increase more and more in price.
Every condition is full of benefits if a person understands the market and try to understand fundamental rudiments of trading and investment.
I think now is the right time to buy more, when the market was rising in last march then a lot of people were hoping to buy if the price was under $30k, and the opportunity came because the price is currently around $26k and we will regret not buying now because the price is soon rising again.
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Many people think too much and are afraid to buy at the current price, but when tomorrow or next month the price goes up they regret that they have lost the momentum to buy when the price is low, as investors of course we have to be brave in making decisions, don't just rely on other people's opinions, more both take real steps to buy because we have the opportunity to profit.
It's not something new for investors to have such mindset. Many investors wants to buy Bitcoin but hesitating because of worries that it might drop further once they buy. Hence, they're waiting for the bottom which we can't pin point exactly since the price is unpredictable. Then as you've said, they will regret not buying once it climb up and they missed to buy at cheaper price.Understanding Bitcoin and its nature are crucial before you invest, this way you can create a plan that will benefit you if you invest in Bitcoin. Buying at anytime is also good especially if you're planning to hold for long term however it's still wise to take advantage the situation when the price is declining. Nevertheless, we have different plan and set target with our investment hence we know better on what is more beneficial.
People who have the mentality of waiting for the price to go down to buy, I bet they will never buy bitcoin, when the price goes down, they wait to drop a lot, but when the price goes up, they will say it too high and not the right time to buy bitcoin. Best not to waste time with these types of people.
In my opinion, it is not always a good time to buy bitcoin, it is advisable to buy bitcoin only in a bear market, not in a bull market. You won't lose when buying bitcoins for $69k, but you will waste your time waiting for bitcoins to cross $60k to make a profit. While others have good plans, they wait patiently for the bear market and buy bitcoins for under $20k. When the bull season came, and bitcoin hit $69k, you broke even, but they made a huge profit. Therefore, the timing of the purchase is very important.
Many people think too much and are afraid to buy at the current price, but when tomorrow or next month the price goes up they regret that they have lost the momentum to buy when the price is low, as investors of course we have to be brave in making decisions, don't just rely on other people's opinions, more both take real steps to buy because we have the opportunity to profit.
It's not something new for investors to have such mindset. Many investors wants to buy Bitcoin but hesitating because of worries that it might drop further once they buy. Hence, they're waiting for the bottom which we can't pin point exactly since the price is unpredictable. Then as you've said, they will regret not buying once it climb up and they missed to buy at cheaper price.Understanding Bitcoin and its nature are crucial before you invest, this way you can create a plan that will benefit you if you invest in Bitcoin. Buying at anytime is also good especially if you're planning to hold for long term however it's still wise to take advantage the situation when the price is declining. Nevertheless, we have different plan and set target with our investment hence we know better on what is more beneficial.
As at today, April 1 Btc grew by 1.96% hitting $28,571 in the last 24hrs.
we could be expecting the next bull run in the crypto market which will most likely be led by BTC to start in 2024 reaching it's highest in 2025.
one major element that can catalyse the next bull run, is the Bitcoin halving that triggers every 4 years. And as expected after every Bitcoin halving comes a Bull run in the crypto market.
So, from the look of things, don't you think that investing in Btc at the moment could be worth considering?
if you choose to buy then , yet you are still waiting now because the price is still holding 27-29k these days as we aren't having chance to see how much it can grow from april to may.we could be expecting the next bull run in the crypto market which will most likely be led by BTC to start in 2024 reaching it's highest in 2025.
one major element that can catalyse the next bull run, is the Bitcoin halving that triggers every 4 years. And as expected after every Bitcoin halving comes a Bull run in the crypto market.
So, from the look of things, don't you think that investing in Btc at the moment could be worth considering?
but asking when is the right time? yes everytime is the best time not unless you are greedy like others that waiting for so low and wanted to sell at so high price.
The market will be even more difficult to predict, because currently bitcoin is mostly used for speculation and trading, rarely do we find bitcoin being used for direct transactions such as cash so it will always fluctuate and it is difficult to predict, we are waiting whether after the halving next year we will be able to make ATH or not, if bad things happen then we have to be ready.
Maybe it's just you who rarely see Bitcoin transactions that are used like other currencies when someone buys something in a country that has legalized Bitcoin. You can find out about this in El Salvador and also in the Central African Republic, where Bitcoin has been legalized and there are bound to be people making transactions like you mean. Even though you don't find such things in other countries or even in the country you live in now, so this is actually not rare, but maybe only rarely seen by some people.Even on a country where bitcoin is not yet legalized as a legal tender, people can still be able to use a bitcoin there for purchasing an item or availing a service on some establishments but the rates can be lower compared to El Salvador and the other country you mentioned there. Buying bitcoin and keeping it is a good idea so that we can have something in use later for whatever purpose we can think of.
As long as there is a consensus between the buyer and the seller, it will be easy for you to use bitcoin as a payment method without government permission. But how many people would be willing to use bitcoin as currency? Even in El Salvador, I believe people still use USD more than bitcoin for payment. Because no one wants to use a valuable asset to spend lavishly.
The market will be even more difficult to predict, because currently bitcoin is mostly used for speculation and trading, rarely do we find bitcoin being used for direct transactions such as cash so it will always fluctuate and it is difficult to predict, we are waiting whether after the halving next year we will be able to make ATH or not, if bad things happen then we have to be ready.
Maybe it's just you who rarely see Bitcoin transactions that are used like other currencies when someone buys something in a country that has legalized Bitcoin. You can find out about this in El Salvador and also in the Central African Republic, where Bitcoin has been legalized and there are bound to be people making transactions like you mean. Even though you don't find such things in other countries or even in the country you live in now, so this is actually not rare, but maybe only rarely seen by some people.Even on a country where bitcoin is not yet legalized as a legal tender, people can still be able to use a bitcoin there for purchasing an item or availing a service on some establishments but the rates can be lower compared to El Salvador and the other country you mentioned there. Buying bitcoin and keeping it is a good idea so that we can have something in use later for whatever purpose we can think of.
As of the question if its really that ideal on buying now in regarding on the price, then i could say its a "yes" considering the price had at least make out some correction or decrease which it would really be a sweet spot to secure your position.If you could really that wait then 25k would be the sweet spot but i dont think that we would really be reaching that low. Also, you could also opt on buying some
altcoins too which it would really be a good add up into your portfolio but of course it would really be depending on the money that you would really be that can afford to invest on.
Many people think too much and are afraid to buy at the current price, but when tomorrow or next month the price goes up they regret that they have lost the momentum to buy when the price is low, as investors of course we have to be brave in making decisions, don't just rely on other people's opinions, more both take real steps to buy because we have the opportunity to profit.
The market will be even more difficult to predict, because currently bitcoin is mostly used for speculation and trading, rarely do we find bitcoin being used for direct transactions such as cash so it will always fluctuate and it is difficult to predict, we are waiting whether after the halving next year we will be able to make ATH or not, if bad things happen then we have to be ready.
Maybe it's just you who rarely see Bitcoin transactions that are used like other currencies when someone buys something in a country that has legalized Bitcoin. You can find out about this in El Salvador and also in the Central African Republic, where Bitcoin has been legalized and there are bound to be people making transactions like you mean. Even though you don't find such things in other countries or even in the country you live in now, so this is actually not rare, but maybe only rarely seen by some people.Even on a country where bitcoin is not yet legalized as a legal tender, people can still be able to use a bitcoin there for purchasing an item or availing a service on some establishments but the rates can be lower compared to El Salvador and the other country you mentioned there. Buying bitcoin and keeping it is a good idea so that we can have something in use later for whatever purpose we can think of.
The market will be even more difficult to predict, because currently bitcoin is mostly used for speculation and trading, rarely do we find bitcoin being used for direct transactions such as cash so it will always fluctuate and it is difficult to predict, we are waiting whether after the halving next year we will be able to make ATH or not, if bad things happen then we have to be ready.
Maybe it's just you who rarely see Bitcoin transactions that are used like other currencies when someone buys something in a country that has legalized Bitcoin. You can find out about this in El Salvador and also in the Central African Republic, where Bitcoin has been legalized and there are bound to be people making transactions like you mean. Even though you don't find such things in other countries or even in the country you live in now, so this is actually not rare, but maybe only rarely seen by some people.El Salvador and Central African Republic accepting bitcoin as legal tender doesn't mean everyone there will 100% use bitcoin as an alternative to fiat, let's not forget that they haven't given up yet fiat and still use it with bitcoin. I also think that people will use bitcoin for investment rather than as a means of payment. Even the president of El Salvador is investing in bitcoin instead of encouraging people to increase the use of bitcoin as a complete replacement for fiat. To be fair, the use of bitcoin as currency is still happening in some places but it's really not that common.
The market will be even more difficult to predict, because currently bitcoin is mostly used for speculation and trading, rarely do we find bitcoin being used for direct transactions such as cash so it will always fluctuate and it is difficult to predict, we are waiting whether after the halving next year we will be able to make ATH or not, if bad things happen then we have to be ready.
Maybe it's just you who rarely see Bitcoin transactions that are used like other currencies when someone buys something in a country that has legalized Bitcoin. You can find out about this in El Salvador and also in the Central African Republic, where Bitcoin has been legalized and there are bound to be people making transactions like you mean. Even though you don't find such things in other countries or even in the country you live in now, so this is actually not rare, but maybe only rarely seen by some people. 
Many people always ask whether buying now is the best decision, in my opinion if we want to get profit then buying immediately is the best option, don't be too afraid if after buying the price drops, but make it when the price drops it is an opportunity to buy more, based on the history of past prices happens then it's normal if the price will soon go up again.
Indeed, and personally, there's no such thing as bad news in time when market is crashing mainly if we are hodling bitcoin for a long-term basis. Instead, let's choose to see the positive side where we buy and accumulate more on a discounted price as in these type of weather, almost all coins in the market are cheap. And if you're that investor who have the leverage to buy such coin during the bull run craze then buy it immediately, there is no need to wait for the price to become cheaper as you might not get advantage when the market suddenly becomes crazy.
There are even some investors that bought bitcoin during the bull run or even when it just achieve another ATH because from their perspective, the current price doesn't really matter to them now as they believe that they are still buying the said coin at a much cheaper price as they have forecasted it that it can go as much as 5x - 10x in the future.
However, if we refer to the 4 year cycle, it seems that now is the best time to buy bitcoin and hold on until the bullish phase comes. As we know that when the next bitcoin halving occurs, BTC has the potential to print new ATH.
The big question is if Bitcoin's price movement remains cyclical, which is not obvious at all. With each halving having twice as less effect on the block reward and with much different wider market reality (higher interest rates etc) we could see completely different price action. I wouldn't be surprised if we don't see the new ATH in the next cycle or if the cycles get flattened and extended. Things simply cannot be too easy, otherwise everyone would get rich from trading and there would be no one to do actual work.
There are no doubts in my mind that sooner or later, the market will undergo a change, and it will become more unpredictable, it will not be a simple and easy market to predict as many expect. But as long as that hasn't happened, there's nothing wrong with believing in history because, without history, there is no future. And so things don't get too unexpected, we need to plan a scenario if history doesn't repeat itself, and there will be no ATH after the halving. I was prepared for that too, like you, I don't think the market will be so easily predictable forever.
The market will be even more difficult to predict, because currently bitcoin is mostly used for speculation and trading, rarely do we find bitcoin being used for direct transactions such as cash so it will always fluctuate and it is difficult to predict, we are waiting whether after the halving next year we will be able to make ATH or not, if bad things happen then we have to be ready.
However, if we refer to the 4 year cycle, it seems that now is the best time to buy bitcoin and hold on until the bullish phase comes. As we know that when the next bitcoin halving occurs, BTC has the potential to print new ATH.
The big question is if Bitcoin's price movement remains cyclical, which is not obvious at all. With each halving having twice as less effect on the block reward and with much different wider market reality (higher interest rates etc) we could see completely different price action. I wouldn't be surprised if we don't see the new ATH in the next cycle or if the cycles get flattened and extended. Things simply cannot be too easy, otherwise everyone would get rich from trading and there would be no one to do actual work.
There are no doubts in my mind that sooner or later, the market will undergo a change, and it will become more unpredictable, it will not be a simple and easy market to predict as many expect. But as long as that hasn't happened, there's nothing wrong with believing in history because, without history, there is no future. And so things don't get too unexpected, we need to plan a scenario if history doesn't repeat itself, and there will be no ATH after the halving. I was prepared for that too, like you, I don't think the market will be so easily predictable forever.
However, if we refer to the 4 year cycle, it seems that now is the best time to buy bitcoin and hold on until the bullish phase comes. As we know that when the next bitcoin halving occurs, BTC has the potential to print new ATH.
The big question is if Bitcoin's price movement remains cyclical, which is not obvious at all. With each halving having twice as less effect on the block reward and with much different wider market reality (higher interest rates etc) we could see completely different price action. I wouldn't be surprised if we don't see the new ATH in the next cycle or if the cycles get flattened and extended. Things simply cannot be too easy, otherwise everyone would get rich from trading and there would be no one to do actual work.
To determine when is the best time to buy bitcoins depends on the decision of each individual because it is difficult to determine exactly when is the best time to buy bitcoins. However, if we refer to the 4 year cycle, it seems that now is the best time to buy bitcoin and hold on until the bullish phase comes. As we know that when the next bitcoin halving occurs, BTC has the potential to print new ATH.
I think buying at any time has the same potential and opportunity for profit, the main key after buying is not to panic when you see the market situation, it's better to keep it in a private wallet and make bitcoin a long-term investment so that the opportunity for profit is greater than we are tired of monitoring daily prices.
This is it and that is what HODLERS tend to act and yes they are making money from this , there is no need in waiting when you can afford to invest the very moment you have funds and willingness.the problem about those they called themselves "Investors" are only here to buy and sell instantly with big profit.
i hate seeing people that look at the market to be a bread and butter but not willing to risk.
they should invest in Shitcoin and not in Bitcoin .
I'd never say there is perfect timing in accumulating Bitcoin but one must know the reality that long-term investors usually take their opportunity to buy more BTC during the bear season, hold, and then sell until during peak. Such a strategy is really working efficiently granting huge profit awaits them.
But unfortunately, some people only got the courage when the price is increasing, something I would say they miss a great opportunity.
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