Is now a good time to be investing in Bitcoin? - page 8.

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Quote from: luckyrichh on February 27, 2022, 02:55:45 AM

Hi everyone I was wondering if the overall Russian-Ukraine situation in Bitcoin is now pretty low, will it soar if the whole war is resolved again? What is your opinion? Thank you.

Investing in bitcoin you most think and be calculative before doing that, we have good time to invest for any cryptocurrency and mostly when bad news is arises, secondly bitcoin goes up and down investing in bitcoin their most be a specific time of falling and target of what you want to achieve, Russian and Ukraine war never become the time of investing in bitcoin because bitcoin price is fluctuating to the level you don't know and know one can hold strong about

Indeed. Trying to catch them at a cheaper price could be somewhat an ideal entry. While seeing the current price today, it is seemingly we got missed buying the cheapest one as the price moves high back again. Maybe if we take the chance last week, that gonna be perfect.

Well, Anyways, investing in Bitcoin is really profitable and even investing at its current price we can still make a profit but of course, it was a big difference when we got them at a lower price compared today. That is why it is very important to monitor the market to further know what really happens and trying not to miss opportunities.

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Quote from: taufik123 on February 27, 2022, 04:44:57 AM

Quote from: livingfree on February 27, 2022, 04:41:32 AM

Bitcoin has been through many world issues.

If you're doubting to invest due to that factor, stay and wait for more action from the market so that you're going to have yourself positioned for a good time to invest.

But as many would like to tell you to invest with what afford you to lose, DCA is one strategy that you can do whether there is or none world issues going on.

DCA can be an option to invest in stages and under any conditions. The current state of bitcoin can be very profitable if you make some investments. Bitcoin is an investment choice in all conditions. Bitcoin's decline is significant, but its rise will also come as a surprise. Bitcoin's new ATH will also be achieved. anytime can be a good time to invest in bitcoin, depending on the target price to be achieved.

True.

It's going to be only in one direction in the long term and that's going to be its new ATH and ceiling price. While there's still a chance to buy on it under the price of $50k, actually, we've been telling this before.

That while they can still buy it while it's under $10k, $20k, $30k and so on. The same tip will be said in the future as it reaches new aths.

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Quote from: isaac_clarke22 on March 03, 2022, 04:23:58 PM

Quote from: luckyrichh on February 27, 2022, 02:55:45 AM

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Regardless of the situation or whatever is happening out there, there is no "good" time to buy exactly. It's just everyone's timeline that applies. Are you willing to lose that amount of money that you're trying to buy or would you prefer to wait it to get a little bit lower?
For the Russian-Ukraine scenario, I don't think that such event would have direct impact to Bitcoin. It's neither going to soar nor plummet.

If you think that bitcoin is set to reach new heights in the future, then better start to invest it right now. Even if the current price is not that low, but it will be nothing once you start making your profits in the future. I think the current events right now will only be affecting the market temporarily, and we should not be driven by it since we are after for long term investment, and not just for short term profit making.

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Quote from: luckyrichh on February 27, 2022, 02:55:45 AM

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Regardless of the situation or whatever is happening out there, there is no "good" time to buy exactly. It's just everyone's timeline that applies. Are you willing to lose that amount of money that you're trying to buy or would you prefer to wait it to get a little bit lower?
For the Russian-Ukraine scenario, I don't think that such event would have direct impact to Bitcoin. It's neither going to soar nor plummet.

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Quote from: KennyR on March 02, 2022, 12:14:18 PM

We can't get into conclusion on the time period to invest into bitcoin. The recent price crash and the bounce back is the real example for each and every cryptocurrency users. The price fell all of the sudden when Russia got into Ukraine, but the very next day price increased gradually and within two days there is drastic change in the price from $34500 to $44000+

When the price dropped people found this to be an opportunity to invest, but the price fall connected to the war made panic among the users. If someone had bought the dip now profit is confirmed.

There are instances that the market suddenly moves up or down due to the event that triggers the market. But in terms of bitcoin and definitely promising altcoins, they are good to invest once the market value is low either due to a correction or a bearish market. Whatever it is, its always good to buy when the price of bitcoin is certainly low, as all altcoins follow the price path of bitcoin. But as long as you consider bitcoin as long term investment, then you should not be bothered by any event that triggers its price.

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Quote from: ChiBitCTy on March 03, 2022, 08:28:41 AM

It’s always a good time to invest in any sort of investment. A type of investing that you should consider using is DCA ( Dollar cost averaging ). This means that you invest a little bit every week/ month and over the course of time you’ll catch some ups and downs but the incremental buying will make sure you’re not always catching the top of markets.

As long as you're on for long term, then bitcoin is definitely a good investment for that. I guess with the event of Russia and Ukraine war, that makes bitcoin move in an unstable manner. And when you see bitcoin price is still not in surge, its the best time to invest in bitcoin. And i think in all sorts of investments, the risk is always there. So if you are using DCA, certainly its good so you can minimize the risk.

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It’s always a good time to invest in any sort of investment. A type of investing that you should consider using is DCA ( Dollar cost averaging ). This means that you invest a little bit every week/ month and over the course of time you’ll catch some ups and downs but the incremental buying will make sure you’re not always catching the top of markets.

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I Think it depends on you.I always prefer to invest in bitcoin. If you want to invest in bitcoin then you can buy bitcoin anytime for long term investment. Bitcoin is most popular and most valuable coin and long time survive coin. Bitcoin is long term investment crypto. Bitcoin price now under $40k+ and i Think that is good time to be investing in bitcoin. I hope bitcoin price will be more increase in this year.

agree with your principles and opinions about bitcoin, because bitcoin has different characteristics from other coins, any time you want to buy and investment can be made, because bitcoin is a long-term investment and certainly the price will increase higher than when we bought it.
with the halving period that occurs every 4 years, it is certain that bitcoin will increase significantly from previous years, what is needed is patience to wait for it.

with the current price in the range of $ 40K it's not wrong to buy it, although it doesn't need to be in full form because the price is quite high. can pay in installments little by little so as to achieve your goal. Remember that the price of bitcoin will continue to increase with the passage of time.

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We can't get into conclusion on the time period to invest into bitcoin. The recent price crash and the bounce back is the real example for each and every cryptocurrency users. The price fell all of the sudden when Russia got into Ukraine, but the very next day price increased gradually and within two days there is drastic change in the price from $34500 to $44000+

When the price dropped people found this to be an opportunity to invest, but the price fall connected to the war made panic among the users. If someone had bought the dip now profit is confirmed.

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Quote from: luckyrichh on February 27, 2022, 02:55:45 AM

Hi everyone I was wondering if the overall Russian-Ukraine situation in Bitcoin is now pretty low, will it soar if the whole war is resolved again? What is your opinion? Thank you.

The good time to buy is when the price is declining. So if you buy few days ago then probably you already earn by this time because Bitcoin is now increasing.

Anyway every dip is an opportunity to fill our bags. However if you're planning to hold your Bitcoin for long term then anytime is perfect to accumulate. As long as you're determine to hold until you profit and you're not a weak investors who cant bear seeing the price turning down. Currently the price is still cheap so not too late for people who want to join the ride.

coinmanhere

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This might sound like the most easy question but believe me this probably the most hardest question you can ask someone. Just today bitcoin suddenly jumps double digits and funny thing is I was just thinking bitcoin is kinda predictable and then bitcoin looked at me and said "nope dude"

Ngewex Yuk

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I think there is always the best time to invest bitcoin, I prefer to immediately buy and store in a cold wallet because I believe the price of bitcoin will continue to rise, the market cap is very large and almost reaches $ 1 trillion of course makes me not hesitate to invest bitcoin, other things is to invest bitcoin, it only takes a few minutes if we need money in an emergency, while other types of investments such as stocks or property can take longer to convert to cash.

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Don't wait for the right or "good time" when you think about investing in bitcoin. You see the price now? It's up already by 15%. If you have invested, you already can make profit when you sell it. But don't keep on hoping that the price will keep on rising from now on. The market is volatile and the next hour you might see the price crashing. If you are willing to hold long term, then you can invest in bitcoin anytime without worrying much.

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Bitcoin prices are relatively low at present. If you want to invest, you can. If you want to invest short time, you have to buy only when the price is a little lower.Then you can sell it if the price goes up a little.And if you want to invest long time, then you have to buy and keep. The price of Bitcoin will certainly increase substantially.So I would say if you want to invest your longtime you can buy and invest at the present time.

But the question is, how you would consider if the price is on the bottom already? Now on the current or recent movements it is really hard to tell since it do move out sideways plus we do make out some presumption

specially on external events or fundamentals around which might or might not able to affect crypto market which its unavoidable for us to consider if it would really be having that significant influence or not.

Good time will be basically depending on your own set of goals whether you do go for long term or short term ones.

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Every time is good to invest in Bitcoin but what's important and will determine your profit making is your knowledge about crypto investment.

Quote from: Sebas.tian on February 28, 2022, 02:51:55 PM

Yes, it will soar again because the war between Russian and Ukraine will not stop bitcoin price not to hit $100k soon,for people to start earning something good from their investment.

I guess you forgetting that tomorrow is not promised and that the market trend is never certain before the Russian and Ukraine conflict start. However, the crypto market ought to have experienced some huge dump in price from the first month of this year and what prevents it from happen is the institutional investors who are bullish on crypto which literally leads to an increase in demand instead of supply.
Having said that, it will be next halving before you can see Bitcoin at the $100K price range.

Quote from: Sebas.tian on February 28, 2022, 02:51:55 PM

SSince other countries has showed good interest to end the war between Russian and Ukraine, so that it will not cause more damages to bothering countries economy.

Other not interest in the war won't determine Putin's decision mind you, his citizen protested before he launched the attack on Ukraine.

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Quote from: OgNasty on February 28, 2022, 02:37:57 PM

One of the beauties of mining crypto is that you are constantly dollar cost averaging. This is why despite buying crypto being a historically smarter approach, many still engage in mining. The automated dollar cost averaging goes a long way. As an investor, you can get the best of both worlds if you choose to dollar cost average your way into the market over time. So when you ask if it is a good time to buy Bitcoin, I would say the answer is almost always, "yes" depending on your personal investment plan. If you are able to be patient and dollar cost average your way into the market, you might even find that you enjoy the downturns as you can get more BTC for your buck, while also enjoying the price appreciation on the upside. That goes far behind lumping everything into crypto at once and then when the price falls you give up and take a loss.

Indeed, people are looking forward to having a better future upon investing in Bitcoin. They can't lose their hopes actually and even the hardest time in crypto, people will still spend their money buying this as they believe the situation will somehow change to become better.
if we have this mindset, the answer will absolutely be YES. Buying Bitcoin is the best option if we wanted to make a profit here and buying during the dip is the best chance.

the situation right now (russia-ukraine war), may aid in the increase of price of btc in the coming days. if not, for those who are long enough in crypto, they know the capability of btc as an asset. this is not just a new alt trying to make a name in the market but an established old pioneering crypto and had been tested by time about its worth in the market.

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Yes, it will soar again because the war between Russian and Ukraine will not stop bitcoin price not to hit $100k soon,for people to start earning something good from their investment. Since other countries has showed good interest to end the war between Russian and Ukraine, so that it will not cause more damages to bothering countries economy.

There are some signs investors are experiencing from the crypto market right now, that is giving them joy that the good news is about to flow in the community for long term investors to achieve a huge amount of money from their investment.

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One of the beauties of mining crypto is that you are constantly dollar cost averaging. This is why despite buying crypto being a historically smarter approach, many still engage in mining. The automated dollar cost averaging goes a long way. As an investor, you can get the best of both worlds if you choose to dollar cost average your way into the market over time. So when you ask if it is a good time to buy Bitcoin, I would say the answer is almost always, "yes" depending on your personal investment plan. If you are able to be patient and dollar cost average your way into the market, you might even find that you enjoy the downturns as you can get more BTC for your buck, while also enjoying the price appreciation on the upside. That goes far behind lumping everything into crypto at once and then when the price falls you give up and take a loss.

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2022 is being a hard year for bitcoin. Since the beginning the price is pretty low compared to last year, and still going down. There is a clear bearish tendency, as this scenario is happening for some consecutive months already.

Taking this fact in consideration, 2022 looks a great year to start investing in bitcoin. However, profit can take some time to appear (up to few years in worst case).

If the investor can keep his funds untouched for that period of time, he should invest right now without any doubts.

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Quote from: luckyrichh on February 27, 2022, 02:55:45 AM

Hi everyone I was wondering if the overall Russian-Ukraine situation in Bitcoin is now pretty low, will it soar if the whole war is resolved again? What is your opinion? Thank you.

I have seen the Ukrainian government appeal to the people for help through Bitcoin. This government did not want to legalize Bitcoin when they were in power. Today, they are helpless and seek money through Bitcoin. The fragile value of paper money in any country has been revealed through this war. So this is the right time, people should invest in Bitcoin to stay fit in any situation.

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