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Topic: Is buying BTC now, the best option ??? - page 8. (Read 1656 times)

full member
Activity: 1484
Merit: 101
April 13, 2023, 04:51:01 AM
Bitcoin price is always fluctuating, if this week can go up more than 10% then there is no guarantee the price will continue to go up, if you feel the current price feels expensive then the best thing is to put a buy price on spot exchanges, I also put a price of $29k to buy, so it's never too late when we invest bitcoin.
hero member
Activity: 2730
Merit: 632
April 12, 2023, 06:13:41 PM
I think now is a good opportunity to buy, today the price has reached $30k, of course many are disappointed and regretful because yesterday the price was still $28k but they didn't buy, I also regret not buying more when the price was $28k, now there is no more time to wait, if we wait then the price will be more expensive, it's better to buy soon.
You must understand that after a pump, there should be a dump. If Bitcoin crosses $30k today, the price possibly drops again below $29k-$28k because it should have a correction. I think it is too hurry to buy now, it is not a wise idea. You are better to wait for the correction if you want to buy Bitcoin. Why regret it, we are still in the bearish season and there is a lot of time to buy any crypto coin. You only can say "regret" when it is already in the bullrun season and the price of Bitcoin has increased by two or more times the current price. Keep calm, dude!! Grin


Correction
Retracement
Rejection
Crash
Dump

Or whatever you do call it, it would really be just normal to have on this market. So if you are really be making up some short trades then you should be wise on your entry on where
you would be needing to wait up for the right moment to get in to maximize possible profitability in short time but if you are someone
who do go after for long term then these things arent really that relevant at all. You could really buy anytime you do want on a specific period.
legendary
Activity: 2450
Merit: 1140
duelbits.com
April 12, 2023, 03:22:44 PM
I think now is a good opportunity to buy, today the price has reached $30k, of course many are disappointed and regretful because yesterday the price was still $28k but they didn't buy, I also regret not buying more when the price was $28k, now there is no more time to wait, if we wait then the price will be more expensive, it's better to buy soon.
You must understand that after a pump, there should be a dump. If Bitcoin crosses $30k today, the price possibly drops again below $29k-$28k because it should have a correction. I think it is too hurry to buy now, it is not a wise idea. You are better to wait for the correction if you want to buy Bitcoin. Why regret it, we are still in the bearish season and there is a lot of time to buy any crypto coin. You only can say "regret" when it is already in the bullrun season and the price of Bitcoin has increased by two or more times the current price. Keep calm, dude!! Grin

hero member
Activity: 2058
Merit: 710
April 12, 2023, 03:07:21 PM
I think now is a good opportunity to buy, today the price has reached $30k, of course many are disappointed and regretful because yesterday the price was still $28k but they didn't buy, I also regret not buying more when the price was $28k, now there is no more time to wait, if we wait then the price will be more expensive, it's better to buy soon.
Sometimes those who didn't buy at $28K in the past few days are those who are waiting for a price correction in Bitcoin, but it's a shame that hasn't happened for Bitcoin in the past two days that Bitcoin has been rising and passing $30K. But for those who didn't have the chance to buy before, they still have the opportunity to buy again when a correction arrives again in Bitcoin, although I'm a little unsure that a price correction will occur in the near future because considering that currently Bitcoin is still very close to $30K.
sr. member
Activity: 1526
Merit: 255
April 11, 2023, 05:04:30 AM
I think now is a good opportunity to buy, today the price has reached $30k, of course many are disappointed and regretful because yesterday the price was still $28k but they didn't buy, I also regret not buying more when the price was $28k, now there is no more time to wait, if we wait then the price will be more expensive, it's better to buy soon.
copper member
Activity: 2296
Merit: 609
🍓 BALIK Never DM First
April 11, 2023, 12:24:57 AM
Actually when we say it's bitcoin i always say they are the best choice and I have emphasized that at least for myself since a few years before so that with the current conditions it is still quite cheap (although it has increased a few percent) but I can still say they are still worth it to buy. The conditions will not change I think for me because in this case even though for now we know bitcoin is still a matter of debate for most people especially skeptics but as long as I stay here I believe bitcoin remains one of my best assets and things like this it's still worth maintaining and still very able to buy.

Bitcoin is the best asset when it comes to cryptocurrencies and one of the best assets when you include all other assets. You don't need to be a millionaire to own it, unlike other asset. You can invest with whatever you have at the moment.

I also believe this is a good time to buy, I can't say "the best time" because we don't know what will happen in the future. It's always a good option to buy BTC, always.
Like every other investment, it carries it own risk but if you can be patient, especially now that the market is recovering you will not regret the decision.

What is the concept of the best asset? I agree that it is the best cryptocurrency, but when compared to other traditional assets, I don't think it is the best.
We choose and invest in bitcoin because its return is greater than all other assets, and as you mentioned: we can start investing with any amount we have. That is the great advantage of bitcoin. But when it comes to safety, it is not the best choice, so don't say bitcoin is the best just because it offers the best return without considering the risk aspect.

For me, the best time to buy is when we have the money and the buy price is still lower than our selling price, that is the best time to buy.
hero member
Activity: 1540
Merit: 812
Leading Crypto Sports Betting & Casino Platform
April 10, 2023, 04:27:14 PM
They should still have concerns about storage as long as they haven't stored their bitcoins in a secure wallet. Meaning he should care enough about security risks instead of just expecting returns, that's a wise mindset about investing.

Regarding strategy, your advice on DCA is good. I agree that DCA allows you to accumulate bitcoin, you will get bitcoins at varying prices which at some point will result in you having a lower average buying price. This is decent advice long term, so I'm agree with that.
That is a way for someone to avoid unnecessary risks, when they are active in the long term as an investment pattern that is taken, it will also automatically learn a safe place to store the bitcoin they have, because this factor is also as important as worrying about bitcoin which is not going to give them the appropriate return in the chosen strategy and I also agree that this risk is also important to consider carefully.

The DCA pattern is an approach that I have taken in recent years and so far managed to collect a few bitcoins to store for the long term, the price format can change and is quite varied as you said, but the accumulation of profit calculations is also still very profitable in the period At the moment.
sr. member
Activity: 756
Merit: 356
April 10, 2023, 01:06:50 AM
Actually when we say it's bitcoin i always say they are the best choice and I have emphasized that at least for myself since a few years before so that with the current conditions it is still quite cheap (although it has increased a few percent) but I can still say they are still worth it to buy. The conditions will not change I think for me because in this case even though for now we know bitcoin is still a matter of debate for most people especially skeptics but as long as I stay here I believe bitcoin remains one of my best assets and things like this it's still worth maintaining and still very able to buy.

Bitcoin is the best asset when it comes to cryptocurrencies and one of the best assets when you include all other assets. You don't need to be a millionaire to own it, unlike other asset. You can invest with whatever you have at the moment.

I also believe this is a good time to buy, I can't say "the best time" because we don't know what will happen in the future. It's always a good option to buy BTC, always.
Like every other investment, it carries it own risk but if you can be patient, especially now that the market is recovering you will not regret the decision.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
April 09, 2023, 11:29:05 PM
In my opinion, by buying immediately, we can immediately make a profit, never delay investing, many people know bitcoin when the price is cheap, for example when the price is $ 10 but they don't do anything, they are just busy observing and making price predictions so that when the price goes up, they can only say it's too late and regret.
If we are investment oriented, then at any price range it is not a problem because we will keep it for a long period of more than 6 months or even years, but people will always focus on what is reported in the media so that it becomes a barrier to the decision to start investing. The current price is still relatively cheap because if the 4 year cycle repeats itself and we buy at the current price range there will be a chance to get 2x profits or even more, but patience and trust in the decisions taken are important.
sr. member
Activity: 2618
Merit: 439
April 09, 2023, 08:27:08 PM
As at today, April 1 Btc grew by 1.96% hitting $28,571 in the last 24hrs.

if you are a true believer then of course Bitcoin is the best one to purchase now as it is  almost 25% value of how much prediction says when the bull market happens in halving season couple years to go.
but if you wanted to be assured and diversify then best to purchase more altcoins but at least  big amount will remain in bitcoin for safety.
If we keep thinking the time is right then we will never buy, I think it's better to buy immediately with the money we can consider lost, then hold until the profit target can be achieved, many people always hope to buy cheap, but when the price is cheap comes so they think keep waiting then the price goes up and he regrets it then hopes to buy again when the price is low.
exactly , if you have enough  funds to risk then best to buy right away because the more we seek for time is the more we are losing the chance to earn.
In my opinion, by buying immediately, we can immediately make a profit, never delay investing, many people know bitcoin when the price is cheap, for example when the price is $ 10 but they don't do anything, they are just busy observing and making price predictions so that when the price goes up, they can only say it's too late and regret.
not many actually mate, there are only few and those are the people who turns millionaire if not billionaire here in this market.
legendary
Activity: 2128
Merit: 1775
April 09, 2023, 11:02:05 AM
#99

Maybe we will see various speculations suggested outside about Bitcoin, whether it's wanting to buy, invest, trade and so on, basically the current situation is indeed the right step to do it, it all depends on each other's thoughts.

We realize, we don't know what will happen to the market or Bitcoin in the future, the point is that we all have a vision and mission to do everything, especially for Bitcoin in the future, those who think positively and act are the ones who win.
hero member
Activity: 1820
Merit: 747
April 09, 2023, 10:15:14 AM
#98
Yes, bitcoin is probably the best investment option among cryptocurrencies. But as you said, you need to learn to understand market conditions first, which can take years. During that time, you usually make a lot of mistakes, which can be called experience. And only after that comes the understanding of your actions. For example, market manipulation encourages you to buy bitcoin when it is expensive. But for some reason few people talk about cryptocurrency at all now, because no one wants to make everyone rich.
It did not take long to understand market conditions, according to my personal experience initially only involved in small amounts for Bitcoin investment and at that time we could learn to understand market conditions, both for the purchase period and the sales period that we set, usually if people dare to take risks then Direct involvement can make it easier for us to learn everything related to Bitcoin.

Investment also cannot be ignored the level of risk that arises and Bitcoin is quite fluctuating that makes many people experience panic, so it takes experience to understand all of that, Usually experience will teach us to better understand investment patterns and we will get used to the market conditions that are experiencing correction.
sr. member
Activity: 1484
Merit: 254
April 09, 2023, 01:24:24 AM
#97
In my opinion, by buying immediately, we can immediately make a profit, never delay investing, many people know bitcoin when the price is cheap, for example when the price is $ 10 but they don't do anything, they are just busy observing and making price predictions so that when the price goes up, they can only say it's too late and regret.
sr. member
Activity: 1274
Merit: 457
April 08, 2023, 04:20:45 PM
#96
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?
In my personal opinion I think that it is never a suggestible things to invest when the market is pumping or already pumped. But if the coin is bitcoin and investment for long term then it is ok. Even then there is no need to put the all fund at together in one there is a already way to make Dca strategy for investment. However, at the end I will say that yes it could be also worth if you wanna invest now on bitcoin because if we see that bitcoin is now at dip position from its all time high, but the investment should be long-term.
sr. member
Activity: 546
Merit: 342
April 08, 2023, 04:03:29 PM
#95
Buying Bitcoin every time you have the extra funds is the BEST OPTION! lol. Seriously though, this strategy works like magic. Just don't go investing amounts that you cannot afford to lose or funds that are already needed for some necessities. Trust me, this method gives less headaches and good profits over time, no need for stressing yourself out with trends, strategies/trade plans, technical analysis etc., etc. That is, if you aren't a day trader. If you are, then it would be best to depend on your own trading plans and technical analysis.
I will testify to this suggestion as buying bitcoin with extra funds is what I have been doing and it has really proven to be less stressful as you have stated. This method relieves you of unnecessary stress of constant calculation in the price of bitcoin because you bought the coins with actual cash you are not using. But even at this it's takes a well dedicated person to hold the purchased bitcoin in the current price rate. Bitcoin is truly an asset worth having because you are certainly sure of the price increase some day.
legendary
Activity: 2660
Merit: 1141
April 08, 2023, 03:58:33 PM
#94
People with the mentality that the time isn't right are always procrastinators and they don't achieve anything in life. If you buy now and the market dumps, it doesn't mean you're in loss. You can only lose when you sell your coins in losses but if you hold your Bitcoin until the bull market returns then you'll be back profit. Holders never lose and it's less riskier than trading.

Investors that have developed the habit of holding are the most successful people in Bitcoin history. Not even the traders comes close to their success. You might never see Bitcoin at the price it is today again so why not buy now that it's trading for this low or do you want to panic and buy when the fomo is high during the bull market.
I think it's always good to buy bitcoins when you have the urge regardless of the price. If indeed you are in doubt because the price seems high, then DCA is a strategy to consider. It might be good to hold off on a purchase if someone is expecting gains in the short term, but if they are expecting gains in the long term then I think purchase is advisable.

Buy and hold, I think it's a great idea to expect long term returns. Besides, bitcoin is still very low compared to last year, so buying now is good, but buying later is also not a problem.
legendary
Activity: 2744
Merit: 1878
Rollbit.com | #1 Solana Casino
April 08, 2023, 02:59:31 PM
#93
There are some investors who invest with a long-term investment thought but after a period of time they are forced to sell their Bitcoin holdings at a loss when they are financially distressed. And at that time the big investors who are there take advantage of the market and profit a lot. When Bitcoin is bearish, some sell for money and some don't want to miss out on the opportunity to buy Bitcoin at a low price. Bitcoin holders should invest money that will not need to be sold until the expected time.
Using money that will not be used for other purposes in the future will keep the investment on track.
If you cut losses just because of emergency needs it will not be good for trading or investing.
When bitcoin is bearish it is time to start buying again and increase bitcoin ownership assets, not selling to reduce losses.

Buying Bitcoin is a very good choice, but the strategy that must be used must also be quite appropriate.
Management will play an important role in the smooth running of the strategy, financial management, and risk management must be done.
legendary
Activity: 2772
Merit: 1127
April 08, 2023, 02:14:38 PM
#92
So, from the look of things, don't you think that investing in Btc at the moment could be worth considering?
Don't just look at the current price of Bitcoin instead, think about the better future of this project. In fact, when the price of Bitcoin is just $1, people never think about it becoming $10k. They got opened their minds when another ATH comes and eventually changed their views and respect for Bitcoin. If you are keen on investing long-term, Bitcoin is a great choice. Think about what happened before and make it a reason why it was one of the best coins to choose from because even if it was at $29k or $30k, imagine of how much you earn if it reaches $100k 2 years from now.
This will be the same thing for the future as well. They see it's under 30k right now, and think that even on the best possible chance it could go double in a few years, and that's not worth the risk. But they will regret this because in a few years we will be super high and we should be careful not to miss that chance. I have investments all over in crypto but majority of my money is in bitcoin and it will stay that way for a long time as well.

I just don't feel like that should change anytime soon. I know many people are either out of crypto, or they like smaller cap stuff to make more money, but there are a ton of people like me who invest into mainly bitcoin because we know that it would be the most profitable one for sure.
hero member
Activity: 2128
Merit: 658
Leading Crypto Sports Betting & Casino Platform
April 08, 2023, 12:25:29 PM
#91
If we keep thinking the time isn't right then we will never buy, I think it's better to buy immediately with the money we can consider lost, then hold until the profit target can be achieved, many people always hope to buy cheap, but when the price is cheap comes so they think keep waiting then the price goes up and he regrets it then hopes to buy again when the price is low.

People with the mentality that the time isn't right are always procrastinators and they don't achieve anything in life. If you buy now and the market dumps, it doesn't mean you're in loss. You can only lose when you sell your coins in losses but if you hold your Bitcoin until the bull market returns then you'll be back profit. Holders never lose and it's less riskier than trading.

Investors that have developed the habit of holding are the most successful people in Bitcoin history. Not even the traders comes close to their success. You might never see Bitcoin at the price it is today again so why not buy now that it's trading for this low or do you want to panic and buy when the fomo is high during the bull market.

You are right that you lose nothing unless you sell bitcoin at a loss. But many people invest the money they might need at any time. That is, money that cannot be risked. Cryptocurrencies are attractive because it creates the illusion that you can get rich quick just by buying coins. But when the market starts to fall, most sell at a loss.
There are some investors who invest with a long-term investment thought but after a period of time they are forced to sell their Bitcoin holdings at a loss when they are financially distressed. And at that time the big investors who are there take advantage of the market and profit a lot. When Bitcoin is bearish, some sell for money and some don't want to miss out on the opportunity to buy Bitcoin at a low price. Bitcoin holders should invest money that will not need to be sold until the expected time.
member
Activity: 1050
Merit: 10
April 08, 2023, 11:07:12 AM
#90
Bitcoin has proven to be profitable if we hold it in the long term, I'm happy because I bought it at around $19k in January and now it's more than 40% profit, don't hesitate to invest in bitcoin because we can easily get big profit opportunities, the strategy is to hold and don't sell sell when below the buy price.
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