LAST CHANCE TO BUY BITCOIN..... - page 2.

virasog

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Quote from: CageMabok on May 10, 2024, 11:27:50 AM

Quote from: Nothingtodo on May 08, 2024, 11:40:49 PM

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.

We still have some time to buy Bitcoin at cheap prices. As long as bitcoin is below the previous market cycle top high, we can safely invest in bitcoin for good returns. Very soon, we will see a big move upwards breaking all the resistance at 63000, 65000, 68000 and finally 70,000$.

The problem is that most of the retail investors are either waiting for the prices to more dump, maybe below 60000 or some may buy once bitcoin crosses 70K and confirms the breakout. This way, the profit margin will be a little less but it will be a good move by the traders to buy bitcoin after confirmed breakout.

lixer

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Quote from: rodskee on May 07, 2024, 07:51:32 AM

the title itself gives your whole thread to be biased in any form because you are giving
warning for the community about having the last chance but don't you realized that we can buy
bitcoin anytime forever?
bitcoin will remain currency and for sure to be available as long as people are using this ,but thanks
for the warning to show people how they need to invest now while the price is still cheaper knowing
that we are waiting for the 6 digits price of bitcoin any time in the future.

I think he only said that for this current bull period and he might not be dumb enough to know that it's also possible to buy again at lower amounts later on or once the bear season starts. For those who are into longer terms and are not bothered with the current bull run and they can still buy continuously.

BTC starts to get known as a currency but this had changed later on for being an asset. I think the more the BTC will be known like this once the price rises more in the future but its okay as long as it will still exist. That is more important there, and besides people can still continue using their BTC like a typical currency if they wanted to.

beerlover

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Quote from: redsun114 on May 10, 2024, 05:51:01 AM

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.

One thing is for sure, those who plan to buy and hold bitcoins for a very long term, and by long term I mean maybe the next bull run, then they shouldn't be worried. Otherwise, if someone isn't willing to hold that long, maybe they should wait or maybe use the DCA method to accumulate for now.

I believe that ups and downs will continue to happen for a while, but I believe that we are going to have other chances to buy as well, is this a chance to buy? Of course it is, I believe that eventually we will go up so buying right now can't be all that bad of a decision, but that also doesn't mean that we are going to end up with nothing at all neither.

We just need to realize that we can make some money one way or another, and for that to happen we need to make sure that we have some bitcoins that we are holding. Of course this upsets some people, which is fine and I do not mind it, but we need to realize that life isn't always that easy, sure you may buy and price may drop, you have to learn how to hold it as much as you possibly could.

uneng

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It wasn't the last chance to buy Bitcoin, because it has just crashed to 60,000$ once again. Bitcoin isn't managing to break the 60,000$'s price range to move into 70,000$ once again. Big players are heavily manipulating the market downside these days and it's already getting on nerves... There is nothing we can do for now besides waiting, and that is exactly what the whales don't want you to do, because they want your coins for a cheap price.

It seems we aren't going to get rid this bearish trend anytime soon. I fear it might still take more one month or two until we see a considerable and decent change on the trend of crypto market upside. Price will only skyrocket once big players determine it's time.

Unfortunatelly people in general around the world decided to continue behaving like sheep, so they definitely didn't come into BTC investment. They just ignored the bull market opportunity and gave up the potential coins they could acquire for the whales. And the whales are thankful for that.

STT

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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.

Its quite correct to buy into weakness when an asset such as BTC is able to gain over longer time periods. We do have an unfortunate movement today where BTC continues to weaken while under the 50 day average so be ready for it to be lower.

A person who is going to buy no matter what should at this point be focused on receiving more BTC in exchange for their regular buy, its not a negative in that sense. Also always regard the pricing as with variable accuracy, people tend to treat it as the biblical truth when its more like the wind blowing in all directions wherever it feels like.

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

CageMabok

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Quote from: Nothingtodo on May 08, 2024, 11:40:49 PM

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.

redsun114

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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.

One thing is for sure, those who plan to buy and hold bitcoins for a very long term, and by long term I mean maybe the next bull run, then they shouldn't be worried. Otherwise, if someone isn't willing to hold that long, maybe they should wait or maybe use the DCA method to accumulate for now.

Razmirraz

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The topic title you use "LAST CHANCE TO BUY BITCOIN" seems to indicate that Bitcoin is not going down again after explaining at length the analysis of price movements which are towards bullish. I believe "there is no last chance to buy Bitcoin" because the price continues to fluctuate all the time. As long as I still adhere to the concept of "buy at a low price then sell at a high price" there is always an opportunity to buy Bitcoin. Bitcoin also does not set a lowest price limit and does not set a highest price, this reason allows investors to enter at any time to buy Bitcoin.

Oasisman

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Rollbit

Definitely not the last chance if you're referring to the price of bitcoin being in this lower price. It was $64k at the time of the posting and right now bitcoin is trading at $62k. That only means that wasn't the last chance for someone to buy at a lower price.
What the OP is trying to cause is for everyone to buy out of FOMO, which will not going to be the case at the current bitcoin price actions today. There were no strong indicators of any bullrun as of yet, so it would still make a lot of corrections that could give the investors another opportunity to accumulate at much lower price.
Again, there is no last chance.

MiF

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I think there is no last chance in buying, because we can buy anytime in a high or in a low price depending on our decision, because even if we buy in a high price and after we buy the price will rise continuesly then we can still earn it is a little bit risky but we can still do it depending on our own decision, making profit is not about buying in a low price it is about how you going to hold or make a good strategy to earn. Many investors still lose even if they buy at low it is all because they are not holding or they are lack of patience so for me there is no last chance on buying.

Volimack

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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. Bitcoin is more stable than it has been in years and the next half is fast approaching. Considering the current market conditions now may be the right time to invest.

Nothingtodo

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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.

AirtelBuzz

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I don't agree with the title of your post because you say it's the last chance to buy bitcoin. This is not the last opportunity to buy bitcoins as long as we stay connected to crypto currency we will definitely have opportunities to buy bitcoins. Maybe by the sentence you mentioned now is implying that now is the best opportunity to buy bitcoin because the price of bitcoin has dropped a lot. The price of Bitcoin has dropped to $61,000 today due to the fall in the Bitcoin market.
After the Bitcoin halving was completed we did not see the price of Bitcoin rise but before the halving Bitcoin rose to high levels and ATH set records. Bitcoin price may still have time to rise as the Bitcoin halving has just been completed. If we are still in the early stages of a bull run, we may see Bitcoin prices rise over the next few months.

GreatArkansas

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Quote from: Ricardo11 on May 07, 2024, 05:56:39 AM

(....)
So there's still a chance, we're still in the number 1 picture, and this might be our last chance, so make the most of it,, Increase your investment portfolio to buy the price of Bitcoin as low as possible, the higher your investment portfolio, the higher your return, that is, if you can win when you buy, you will get relatively more profit.. So buy now and hold for the real bull merket..

if i am wrong anyway please correct me..

This is pure speculation, so it's fine to be wrong, you are just sharing what you can see for Bitcoin.
I also agree with you somehow OP especially since you provided a chart. This is also what I am thinking because we are still above $60,000 and we just keep bouncing, and for me $60,000 is currently the strong support we have.

GbitG

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Well, to be honest it doesn't make sense in my opinion indeed Bitcoin goes up or goes down. Whenever someone wants to buy it, he can buy it because it is decentralized, it is not in anyone's power to stop anyone from buying it. It has a highly unstable price, so it cannot be expected that Bitcoin will go straight forward to 150k from the current price and will not decline sharply or let people stop buying. So I think it is not possible, it is nothing more than a fantasy.

Now the thing is that Bitcoin was the last chance to buy at a low price, so yes, it is absolutely true that many of us have missed Bitcoin at the last chance, i.e., not buying earlier. And the majority are regretting why they didn't adopt Bitcoin earlier. But anyway, now this old opportunity should teach you something that Bitcoin can decline from the current price to a low level in the short term, and it can give you an opportunity to buy, but in the long term it cannot give you the same opportunity that you get from the price before the halving. Since the halving, the price has been raised every time and the opportunity to buy at this ex point price has not been given often by Bitcoin. So if it is your point of view, then I agree with you on this topic.

Ndabagi01

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Quote from: Ricardo11 on May 07, 2024, 05:56:39 AM

So there's still a chance, we're still in the number 1 picture, and this might be our last chance, so make the most of it,, Increase your investment portfolio to buy the price of Bitcoin as low as possible, the higher your investment portfolio, the higher your return, that is, if you can win when you buy, you will get relatively more profit.. So buy now and hold for the real bull merket..

if i am wrong anyway please correct me..

Now can’t be the last time to buy bitcoin. If this is the last time, it signifies that anyone without bitcoin now will miss out big time on not buying early. You can always buy bitcoin when you have the means to, let it not be like a pressure on anyone. Bitcoin is still yet to witness a bull run and until the bull run, it’s not too late to buy bitcoin now if you’re planing to sell them off just after the bull run and collect your profit from the investment.

Quote from: Nrcewker on May 08, 2024, 02:38:35 PM

I won’t say that you are wrong, but you aren’t completely right also. No doubt that Bitcoin’s price is increasing day by day, but this doesn’t mean we won’t be able to buy the coins in future. Yes the only thing will be different that the price might have increased, and for a fixed amount of price we might get low number of coins. Hence it’s ideal to buy the coins at regular interval irrespective of the price. In this manner you will achieve maximum profit from investing in Bitcoins.

This is just simply using the DCA strategy to accumulate the coins. It doesn’t have to be at a particular time or planning to buy at a time you’re expecting to be low so that you can get to buy more. They don’t usually work like that and most of the time, the plannings do fail. To accumulate a lot of bitcoin without feeling left out or feeling missed out to buy at a relatively low price, you’ve to start buying at intervals when you have money spared to purchase them.

Hamza2424

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Hmm, Buy the dips is the good strategy if you have good capital, but rushing in for the sake of instant profits, ah not a good deal bro, yup its the time to grab as much as we can but don't panic, after every resistance breakout we get the entry time it can very from few hours to few days as we've seen a couple of days ago because the support level wasn't enough strong to pull back and the market was also moving sides anyway now a healthy correction is already done I'm expecting a good rally from here still rushing is not good bro, hold maximum if you already have buy slowly if you dont.

BITCOIN4X

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Quote from: Nrcewker on May 08, 2024, 02:38:35 PM

I won’t say that you are wrong, but you aren’t completely right also. No doubt that Bitcoin’s price is increasing day by day, but this doesn’t mean we won’t be able to buy the coins in future. Yes the only thing will be different that the price might have increased, and for a fixed amount of price we might get low number of coins. Hence it’s ideal to buy the coins at regular interval irrespective of the price. In this manner you will achieve maximum profit from investing in Bitcoins.

The maximum profit you are talking about actually really depends on how the bitcoin price will grow in the market in the future. Prices do not always rise and vice versa, volatility provides the opportunity to buy and sell, but accumulation can be done whenever you want.

The accumulation strategy depends on how you approach the market. If you only accumulate when the price drops or only buy at every dip, then of course you will have more bitcoin at a low average price. But buying at any price doesn't matter, it depend on how you maximize your finances. The more budget you put into investment and accumulation, the more bitcoin you can expect to gain in the future. Hold bitcoin long term and you will likely get good return.

goaldigger

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Quote from: philipma1957 on May 08, 2024, 04:33:02 PM

you can buy bitcoin until the day you die.

so it better not be my last chance to buy btc as I won't be ready to die until I am past 100

There's always a chance to buy Bitcoin of course, what is more important here is your timing.
We might not see cheaper Bitcoin again but there's no guarantee for this so better not to be hyped and stay focus in analyzing the situation so you can know if you are going to buy now or wait for a cheaper pricer. There should be no rush in buying, the volatility of Bitcoin price are still high so there's always chance to buy and get in.

OgNasty

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Buying out of fear is almost never the right move. I’d say the opposite to people. If you feel like you’re getting FOMO, walk away from that market for a while and see how things develop. Most of the time you’re being manipulated by your emotions and will do the wrong thing at the worst time if you let them control you. Buy because you think Bitcoin is a good idea and you want to own some in your portfolio, not because you’re afraid of missing out. Bitcoin will still be here tomorrow.

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