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Topic: LAST CHANCE TO BUY BITCOIN..... (Read 641 times)

sr. member
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May 31, 2024, 12:04:32 AM
#67
OP, why last chance to buy bitcoin? The opportunity to buy bitcoins never goes away. If you can buy bitcoins at any time and hold them for a long time, you will definitely get profit. But if you invest at the right time, you can make a lot of profit in a short period of time. For example, those who invested in Bitcoin at the beginning of 2023 have made huge profits in a short period of time. But investing in Bitcoin should plan to hold for a long time. If you aim to sell bitcoins in the upcoming bull run then you can currently buy bitcoins with DCA method. Bull run is expected to start by the end of this year or next year so if you can invest at this time then you can profit in the upcoming bull run.
member
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May 28, 2024, 06:03:38 AM
#66
This sounds like a warning lol... Perhaps you should change the topic so that it won't look like a warning rather make it look like an open conservation or maybe a suggestion cause as long as Bitcoin is concerned and still existing there will never and can never be a last chance to buy it unless there's a new policy that if you don't buy or invest in Bitcoin now you can't be able to buy again of which that is not possible cause the people who are at the Apex I mean the CEOs of Bitcoin knows what they are benefiting from people that invest are buy Bitcoin. Note also that, there's never a bad time to buy Bitcoin cause Bitcoin is unique from any other crypto investment.
hero member
Activity: 3024
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May 27, 2024, 12:30:35 PM
#65
Most of the analyses that I have seen looking at the same patterns of the charts from different cycles of halving followed by a bull run are likely the same. I agree that this is the last chance to buy before we see it hit $80k onwards. If the time comes and BTC reaches that point, many are going to FOMO at that price but we have never lack in reminding them to keep on buying while we're not yet there. If they will miss this opportunity, they have to pass and watch us and the market on how we take profits and then wait for their turn on the next cycle again.
full member
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May 27, 2024, 11:34:38 AM
#64
Quote from: STT
We are still in accumulation phase but this is the idea for people who hold BTC longer term.   Majority of activity and interest especially during the peaks or the runup to higher prices contains speculative buyers, so they dont like this current weak action.
Even the short term hodlers can also make use of this chance to accumulate their portfolio, because the price of BTC has dumped for short term and long term hodlers to buy because the bear season is still on ground for people to continue hodling or continue buying from the market to hodl.

I believe people will use this last chance to buy plenty BTC, because people have saved money for it, and they will begin to release the money to buy BTC and hodl to fulfill the purpose of their hodling.

Quote
We will naturally go down at times including now is possible imo and its not a big deal except being a better buy.   Hard to put that thinking into peoples mindsets though
I know it will going to dump more in the future, but now that it has dumped to $65k, I guess is another opportunity for people to use to buy and hodl to continue the journey until the new ATH pump up before they can sell to celebrate like the way they celebrated early this year.

hero member
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May 20, 2024, 11:46:23 PM
#63
why do people still think we should be having another highest price immediately after Bitcoin halving is over. We are lucky we did not get a dump because that was what I was expecting.
In one word, greed, and if bitcoin had reached 74k then people would have expected to see 76k or even 80k and if 80k was reached then 90k will become the next target, the greediness of people knows no bounds, which is why they always seem to be unsatisfied with the price of bitcoin no matter how high it is.

Bitcoin need to consolidate for some more time before it begins to go up again. Bitcoin will always give us a last chance to buy, this might not be the last chance because you do not know if we are going to see the price of Bitcoin dumping again. The market can be very unpredictable sometimes so we should not be making bold statements that we do not have any prove to be true to not mislead others. Instead of to FOMO into the market because you think this the last chance to buy Bitcoin, you can continue to DCA
This seems to be exactly what is happening, after the ATH was reached, it took bitcoin a few weeks of sideways action for us to once again see the price above 70k, and it is possible the bulls may try to mount an attack and surpass the previous ATH soon.
sr. member
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May 19, 2024, 04:35:34 AM
#62
To me nothing has changed in my opinion all fundamental holders of Bitcoin are still very strong, there is now less supply in the amount of Bitcoin that is printed a day, and Technically, Bitcoin is still Consolidating around its previous ATH,  and is trying to confirm that zone as a support before taking off which is healthy for the market....Try zoom out on the Chart to Weekly and Monthly time frame, maybe you would get a clearer picture of what Bitcoin is doing at the moment.

You are correct, Bitcoin has not changed it is people that were expecting something different from what is happening to the price of Bitcoin that will think that Bitcoin has changed. Bitcoin is not suppose to have a new highest price before the halving but it did, why do people still think we should be having another highest price immediately after Bitcoin halving is over. We are lucky we did not get a dump because that was what I was expecting. Bitcoin need to consolidate for some more time before it begins to go up again. Bitcoin will always give us a last chance to buy, this might not be the last chance because you do not know if we are going to see the price of Bitcoin dumping again. The market can be very unpredictable sometimes so we should not be making bold statements that we do not have any prove to be true to not mislead others. Instead of to FOMO into the market because you think this the last chance to buy Bitcoin, you can continue to DCA
STT
legendary
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May 17, 2024, 09:08:06 PM
#61
I remember this phrase for sub 10k BTC and that day did happen though I forget which day was the exact last day.   People said that for years though, expecting 10k never to occur again partly because we had exceeded it but we returned many times despite expectations.  I do agree we can leave this price range behind but I think the first attempt to leave orbit is rarely the success expected, it happens more gradually and we eventually leave behind that price after many attempts.

The old ATH price in this area is probably going to be a feature for this and maybe also next year even the year after in some way this price remains relevant.    I would like it to be the lowest price so ATH becomes the lowest we see, that'd be my most optimistic view.  I dont think we are going straight up never to return, BTC is more volatile then that consistent movement.  It explodes then it comes back down, we do hope gradually we gain over years but it seems to take quite a while to occur in eccentric erratic elongated patterns.
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May 17, 2024, 06:45:56 PM
#60
     Op, why the last chance to buy bitcoin? I don't quite understand that. Why will the bitcoin industry end? Because with every dumping that happens in Bitcoin in times like this, there are and are people who will buy and buy bitcoin every minute, hour, every 2 hours, daily, weekly, and so on. Even if we say that there is a rally, many people are still buying. You know what I mean. Right?

     As in the current situation, I see a little dropping in the price of Bitcoin later, then up after a short while. That's what happens on the trading chart, because that depends on the scalpers,
day traders, and others.
hero member
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May 14, 2024, 03:38:39 PM
#59
There is no end time to invest in Bitcoin but any time an investor can invest in Bitcoin.  Yes, but if an investor invests and holds at the right time, the profit will be more.  In this case, an investor can adopt the DCA method and he can buy and hold bitcoins at any price at any time.  DCA is an important method of buying Bitcoins at different market prices at different times.
Most Bitcoin investors must be familiar with this method because currently quite a lot of Bitcoin investors use the DCA method to buy Bitcoin with the aim of investing for the long term. And it is true as you said that in terms of investing in Bitcoin there will never be an end as long as Bitcoin still has value and still has more demand in the market so that investors will continue to have plans to invest in Bitcoin for a long time. Currently the price of Bitcoin is still around $61K, which means it is still worthy enough to be purchased by many investors for their investment assets for the future.
The strategy using the dca method is very suitable for long-term investments and this method must be used by both beginners and pro investors because with dca we prevent losses and it doesn't matter if prices go up or down because our goal is for the long term. So if you use this strategy, of course there is no such thing as "last chance to buy bitcoin", because all the time is an opportunity to buy bitcoin.

We also have to know that the habit after a Bitcoin halving is that the price falls first, then after 3 to 6 months the Bitcoin price rises higher. So the current price of bitcoin is $61k which is a good opportunity to continue accumulating bitcoin for the long term, never wait for the price of bitcoin to fall again because no one knows to what number bitcoin will fall, you better prepare now for the future before it's too late .
hero member
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May 14, 2024, 03:11:44 PM
#58
People expected that the halving will immediately initiate a big rise in price but that is not what we have seen, instead Bitcoin have declined from the price it was when the halving happened.
This is a wrong thought, If you have been in this space during past Bitcoin Halvings there has never been an explosive price immediately after Bitcoin halving rather it's months after the halving.

Bitcoin have defied all technical and fundamental analysis with everyone confused about what Bitcoin is doing now and what will be the future.

What do you mean by Bitcoin has defied all Technical Analysis and fundamental, what has changed since after halving Technically and fundamentally?
Institutional investors are busy buying more Bitcoin ETFs, eg microstrategy has resolveld the issue they had which caused people to start dumping its Bitcoin ETFs and Buying has resumed.

To me nothing has changed in my opinion all fundamental holders of Bitcoin are still very strong, there is now less supply in the amount of Bitcoin that is printed a day, and Technically, Bitcoin is still Consolidating around its previous ATH,  and is trying to confirm that zone as a support before taking off which is healthy for the market....Try zoom out on the Chart to Weekly and Monthly time frame, maybe you would get a clearer picture of what Bitcoin is doing at the moment.
legendary
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May 14, 2024, 03:04:01 PM
#57
It is of course an opportunity, but it is not the last, in my opinion. We have seen several corrections and the price fell to about 58K$, so it was not the last opportunity. It is also not unlikely that there will be another correction in the coming period, and we may see 52K$, according to some analysts.

Therefore, I do not think it is the last opportunity and I believe that there are more opportunities coming to buy at low prices. In any case, I consider any correction a good opportunity to buy, especially for long-term investors.
sr. member
Activity: 434
Merit: 253
May 14, 2024, 02:47:26 PM
#56
I wouldn't say you are wrong, but what you said is a generic speculation and specific to the current scenario of bitcoin market. Because, bitcoin market is a bit confusing state right now, we know, we can see how it dips a bit and goes up again and it has been repeating that for quite some time, but there is no clear indication of anything happening the way you implied it. All of us in the market are hopeful that we will witness a bull run in the next few months, but we aren't completely sure about it, none of us.
I thought I am the only one thinking this way but your comment just confirmed that you are also seeing same thing like me. Bitcoin have defied all technical and fundamental analysis with everyone confused about what Bitcoin is doing now and what will be the future. People expected that the halving will immediately initiate a big rise in price but that is not what we have seen, instead Bitcoin have declined from the price it was when the halving happened. I think the believe and trust of Bitcoiners is being tested by this behaviour of Bitcoin. I still believe that holding is the best option. Thus could also be opportunity for people to buy more Bitcoin at lower prices.

hero member
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May 14, 2024, 12:08:38 PM
#55
Well no it is not the last time for us to buy Bitcoin. We can buy Bitcoin any time we want to if there is a dip and we want to buy more coins to hodl.

But for me to see this price of less then 61,000 is still 'bullish' for me. The US government does now hodl 216.788 Bitcoins that is worth $13.82 Billion.

https://www.coinspeaker.com/us-government-13-82b-bitcoin/


I disagree as well with this idea that this is the last chance someone may have to buy bitcoin, bitcoin can be bought at any point in time and if the investor is willing to wait for long enough then they can obtain profits with it, as even those that bought at the top of the previous bull market were in profits for a time during the current cycle and things are just starting out, now it is true that if you can buy at the dip this will bring you more profits, but it is not really mandatory to do it to become a successful investor.
legendary
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May 11, 2024, 10:58:13 PM
#54
Well no it is not the last time for us to buy Bitcoin. We can buy Bitcoin any time we want to if there is a dip and we want to buy more coins to hodl.

But for me to see this price of less then 61,000 is still 'bullish' for me. The US government does now hodl 216.788 Bitcoins that is worth $13.82 Billion.

https://www.coinspeaker.com/us-government-13-82b-bitcoin/

full member
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May 11, 2024, 03:27:28 PM
#53
Bitcoin is a long-term investment and the opportunity to buy Bitcoin is not going away so soon, you can buy it whenever you want. Now how to buy your bitcoins is the main goal if you absolutely want to buy then investing in the current $61k market will not be a very wrong decision. Again if you want to invest in bitcoins weekly or monthly DCA method will be a good decision. While investing, try to hold on to Bitcoin only, hoping for a bullrun by the end of the year where the price of Bitcoin may exceed $100k. The opportunity to buy Bitcoin ends when you stop investing.
hero member
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May 11, 2024, 01:03:01 PM
#52
As far as I know, there is no last chance to buy bitcoin if you understand the market situation you can invest at any time. Bitcoin investment is always a profitable currency, those who can hold until the bull run will benefit.
If you understand how the market works, you can actually wait for the best times before you buy or sell, as this gives you the best value for your money. BTC is a currency and an asset. The profit that we can get here will only depend on us or on our ability, so for some it's not always profitable.

Bitcoin is more stable than it has been in years and the next half is fast approaching.
I'm not sure if BTC did really became stable because there are still rise and fall in the price that I see, but stable or not, both are still fine. In terms of time, it can be fast or slow depending on what we are doing.

Considering the current market conditions now may be the right time to invest.
I thought there are no limits or restrictions when it comes to investing in BTC? But why wait right? Especially if you just came in the scene. BTC is still beginner-friendly.
legendary
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May 11, 2024, 03:19:03 AM
#51
There will always be an opportunity for the people to buy and invest in bitcoin, because it's a volatile digital coin, and bitcoin is not being centralized, when we buy today and the market rises tomorrow, we can still see it coming down and after some time, others may have same opportunity if coming in to invest and also hold till the market rises for them to also make profits, this is how the trends continue to work and you could discover that people will always have interest on investing.
I would agree to that. Opportunities with bitcoin are never scarce. As long as you know how to analyze the  market movement, most especially the movement of bitcoin, you will always see good opportunities to enter the market and invest.

And the best opportunities do happen when the price of bitcoin is bearish or when there is current price correction that drops bitcoin price drastically. So there’s no way that the last chance to buy bitcoin is now, as we can always wait for bitcoin price to drop again and start purchasing a sufficient amount.

It would be more appropriate if OP called this a good opportunity to buy bitcoin instead of saying this is the last chance which makes many people misunderstand.

In my opinion, as long as bitcoin's volatility persists, there will always be opportunities for everyone who wants to invest in bitcoin. But we should invest as soon as possible because if we buy at a low price, the chance of receiving profits will be greater. But I think before buying we should make our own analysis, don't wait for the price to drop and don't buy just because of Fomo. Because there is no guarantee that bitcoin will continue to decline more, or buying at too high a price is not a wise strategy.
hero member
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May 10, 2024, 04:59:30 PM
#50
There will always be an opportunity for the people to buy and invest in bitcoin, because it's a volatile digital coin, and bitcoin is not being centralized, when we buy today and the market rises tomorrow, we can still see it coming down and after some time, others may have same opportunity if coming in to invest and also hold till the market rises for them to also make profits, this is how the trends continue to work and you could discover that people will always have interest on investing.
I would agree to that. Opportunities with bitcoin are never scarce. As long as you know how to analyze the  market movement, most especially the movement of bitcoin, you will always see good opportunities to enter the market and invest.

And the best opportunities do happen when the price of bitcoin is bearish or when there is current price correction that drops bitcoin price drastically. So there’s no way that the last chance to buy bitcoin is now, as we can always wait for bitcoin price to drop again and start purchasing a sufficient amount.
legendary
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May 10, 2024, 04:40:24 PM
#49
~Snip
Most Bitcoin investors must be familiar with this method because currently quite a lot of Bitcoin investors use the DCA method to buy Bitcoin with the aim of investing for the long term. And it is true as you said that in terms of investing in Bitcoin there will never be an end as long as Bitcoin still has value and still has more demand in the market so that investors will continue to have plans to invest in Bitcoin for a long time. Currently the price of Bitcoin is still around $61K, which means it is still worthy enough to be purchased by many investors for their investment assets for the future.
Even bitcoin will be worth $100k, so I'm sure there will always be demand. People will continue to buy when they have hope of profiting from price fluctuations. Whatever the price, but the main focus is about the opportunity to make a profit.

No one really knew bitcoin would hit $73k some time ago when they entered in 2018 or 2019, but $73k is a reality. There are people who bought ATH and they still keep their bitcoins safely while waiting for the price to break through a higher ATH in the future, that will happen at any ATH in the future and I'm sure of it.
hero member
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May 10, 2024, 04:06:59 PM
#48
I did see the price going down again, so another great chance to buy,

According to this data, https://www.tradingview.com/news/DJN_DN20240510010834:0-coindesk-bitcoin-price-index-lost-2-93-to-60626-03-data-talk/

Quote
CoinDesk Bitcoin Price Index is down $1829.88 today or 2.93% to $60626.03

Lowest 4 p.m. level since May 2, 2024 when it traded at $59336.42
Largest percentage decrease since May 1, 2024 when it dropped 3.70%

Not sure what's the reason of a negative today, but it's huge as this week we also traded to $63k-$64k and then went down today at $59k-$60k.

But this is what we call opportunity and hopefully there are investors who are going to see this and accumulate and increased their BTC in their wallet.
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