The later you start buying, the less profit you will get, this is a simple rule. Is it too late to buy now? The answer will depend only on how much profit you plan to receive. I think that if you buy now you can expect to increase your investment x2 - x3, this is the least you can get in a bull market, for some this is a very good result, but of course everything will depend on your investment capital. If you start with a small amount, want to buy now and hope to get x10 on the next bull run, then most likely you will not succeed, bitcoin becomes more expensive and because of this it is more difficult for it to show such a large increase as it was in the past, but it is still very interesting for investment and has great potential.
There is always time to buy, and it is never too late to purchase bitcoin. It doesn't matter how many submissions you missed out on, it's a major project in the market that's keeping all hope for the coin's bull run alive. Missing out on entries is something entirely different; bitcoins are really crucial, and bagging the coins to the best of my ability will result in massive returns during the bull season. I'm desperate to buy more bitcoins during the bear season; it's one of the best times to buy bitcoins at a low price and sell them when the price reaches the all-time high. 
Topic: Maybe I should wait before owning my bitcoin (Read 737 times)
...
I will let this be my guide, will wait till the Buy has the highest vote. Money investment need to be carefully planned. This is just my plan, you can advice or give it kudos.
Perhaps you are right as it was very important in investing but crypto is likely different and the moving behavior of the market is absolutely unpredictable. It was the best time to buy Bitcoin during the correction and it was encouraging to do that as well. But as we know that Bitcoin will surely recover, I don't think it was necessary to become reliant on what it showed on the chart and wait to rise again before buying. Being a long-term investor, not all the time I should have to follow it but rather make a decision to buy when the price is quite low. I will let this be my guide, will wait till the Buy has the highest vote. Money investment need to be carefully planned. This is just my plan, you can advice or give it kudos.
If anyone of us thinks that waiting after now to buy Bitcoin would be the best option then they do not forget that holding at the early stage is better than buying when the bull market had already started. We don't need to keep wasting time to buy Bitcoin especially when we do not have good knowledge about how the market works. There is need for us to make us tya we keep buying as the price is fluctuating, mostly when it comes down below what we expected. Those that had invested in Bitcoin before now are really in money because they were able to invest at the early stage.
The later you start buying, the less profit you will get, this is a simple rule. Is it too late to buy now? The answer will depend only on how much profit you plan to receive. I think that if you buy now you can expect to increase your investment x2 - x3, this is the least you can get in a bull market, for some this is a very good result, but of course everything will depend on your investment capital. If you start with a small amount, want to buy now and hope to get x10 on the next bull run, then most likely you will not succeed, bitcoin becomes more expensive and because of this it is more difficult for it to show such a large increase as it was in the past, but it is still very interesting for investment and has great potential. 
You can wait a bit during that time. I know its really frustrating to use to trade but I always wait for my capital to enter bitcoin. If I feel like a trader, I trade it with my money. Even if it goes down from last year it will be good to buy the first set and trade the second. I will not panic to keep it, I will buy a few days later for my capital so I can make my first investment. Just to be certain, I need to be sure that this time is already to be done.
If anyone of us thinks that waiting after now to buy Bitcoin would be the best option then they do not forget that holding at the early stage is better than buying when the bull market had already started. We don't need to keep wasting time to buy Bitcoin especially when we do not have good knowledge about how the market works. There is need for us to make us tya we keep buying as the price is fluctuating, mostly when it comes down below what we expected. Those that had invested in Bitcoin before now are really in money because they were able to invest at the early stage. 
Eventually you'll outgrow the habit of relying solely on these votes and these polls to make your move in the market. Heck, I'll even go as far as saying that you will most probably buy bitcoins blindly if the goal is for the long-term. I think a lot of people here would agree about that. For now, before buying anythin, maybe learn as much as you can first. Learn about wallets prior to learning about market movements. A lot of scams and attacks have become sophisticated over the year that it's scary to be ignorant of them and how to avoid them.
Well, good thing that you take caution before you buy, and analyzing the chart first will help you decide on when it’s best to buy. However, the more you stay in the market, the more you outgrow relying to charts for your decision making. As long as you notice there is a sharp decline, then take advantage of buying bitcoin. But never use an amount that is too big, as you have no guarantees when will the price will recover. And be responsible for the security of your own wallet, so you won’t end up losing all your funds because of scams.
You can invest some amount of your salary as a start even if it's not what you planned for before but take action because idle money is a waste, put it into use by buying some amount as a starter.
If you want to wait you you wait, and if you want you can buy any time to owns your bitcoin, as far as the price is below $30k, you can buy any time, but if you buy now, you will holding it for long term to get a huge profits, and don't use big amount to invest when you are starting remember to invest an amount that you can afford to lose, or buying on monthly basis or per year. I think it's s depends on the person because some who has analysis will buy one time in a dip because when you bought it on right time you can get a double profits.
A:
There are a few things to consider before you decide to buy bitcoin.
Don't buy it at the time of the trade.
Don
There are a few things to consider before you decide to buy bitcoin.
Don't buy it at the time of the trade.
Don
You can wait a bit during that time. I know its really frustrating to use to trade but I always wait for my capital to enter bitcoin. If I feel like a trader, I trade it with my money. Even if it goes down from last year it will be good to buy the first set and trade the second. I will not panic to keep it, I will buy a few days later for my capital so I can make my first investment. Just to be certain, I need to be sure that this time is already to be done.
And we must also remember that depending completely on what we read online will only confuse us even more, as if you show a chart to 100 different traders you will probably get 100 different opinions about what is happening and what it could happen on the future, as each one has their own understanding of the markets.
So anyone looking to become something more than an investor does not really has any other option but to learn how to interpret the charts on their own, and even then there is no guarantee any kind of success could be reached.
So anyone looking to become something more than an investor does not really has any other option but to learn how to interpret the charts on their own, and even then there is no guarantee any kind of success could be reached.
That's right, in this case, you will just read the charts in the same way and understand them to the best of your knowledge, but this will not guarantee that you will be able to accurately determine the further movement price of bitcoin. And if we are talking about investing, then in this case it is not as important for us as it is for traders, because for them their ability to read charts is fundamental to their earnings.
I think that it's quite safe to invest in Bitcoin now but I will suggest that you buy at intervals, also It is good to understand the wallets before investing. This is not just to Bitcoin but all investments.
Like buying on monthly basis or per year. I think this depends on the person because some who has analysis will buy one time in a dip because when you bought it on right time you can get profit than buying in intervals but only if you have enough money to buy but if you are lacking money then it is good only when you have money
Yes, it's not really healthy to rely on someone else's advice because in that way, you are not learning anything and there won't be any time for learning because in every step you made, you are looking for an advice. Don't get me wrong, advice is a good thing but that doesn't actually mean that you have to believe them and do whatever they are saying because in the first place, it's your money and not theirs. Surely you don't want to put your fate in someone else's hands, don't be scared to make some mistakes because that's how we mostly learn.
And we must also remember that depending completely on what we read online will only confuse us even more, as if you show a chart to 100 different traders you will probably get 100 different opinions about what is happening and what it could happen on the future, as each one has their own understanding of the markets.So anyone looking to become something more than an investor does not really has any other option but to learn how to interpret the charts on their own, and even then there is no guarantee any kind of success could be reached.
I can understand waiting because of uncertain regulations for now but in terms of profit to be made, I wouldn't wait before prices tanks. BTC won't wait for me.
You can do the DCA while we don't know when this correction stops but we are certain that the price of BTC is about to go up because of the charts.
There's some price correction going on with bitcoin which is the reason why it's gone down from 31k from a few weeks ago. Once it corrects itself we got nothing to do but to wait for the next pump. Props to you by the way for taking the time to learn how to read charts and not going down the lazy path of asking other people for advice and then blaming them when things go south. That at least puts the accountability on your end and helps you become a better trader too at the same time.
In all seriousness though, I'd advice you wait for bitcoin to hit its correction, and then buy soon as you get the chance. No rush, no need to be hasty.
In all seriousness though, I'd advice you wait for bitcoin to hit its correction, and then buy soon as you get the chance. No rush, no need to be hasty.
I will let this be my guide, will wait till the Buy has the highest vote. Money investment need to be carefully planned. This is just my plan, you can advice or give it kudos.
I don't think relying to this guide is a good idea at all. You won't learn anything from there and you'll always rely with this guide forever because you don't know how to do it by yourself. It's true that if you can follow other people advice for your own research so you can be more careful to invest next time, but I'd assume this one is just blindly follow the guide and call it a day. Might as well do DCA and learn to trade by the meantime, it's much better if you have little to no knowledge in investing Bitcoin.I think that it's quite safe to invest in Bitcoin now but I will suggest that you buy at intervals, also It is good to understand the wallets before investing. This is not just to Bitcoin but all investments.
You always can buy BTC by parts, you don't have to buy one btc at once
You don't say. I don't think he even mentioned that he want to buy the whole coin. He's just unsure about the chart and, I guess, doesn't have too much money to risk.
No right time other than for you to buy whenever you have the funding and hold the coin till you get enough profit. The market and people may be discouraging but the decision is yours to take
there's a right time to buy but for now you'll have to wait for it cause when you buy right now while the price is still high, yes you can still gain enough profit but, it may cost a lot of money but if will you buy it in a bearish and hold it thinking for long term investment it may be worth a shot.However, if you buy right now and wait for the bull to continue then you would be doing the right thing and should be doing a lot better. I personally hope that the best thing about right now is that you should be buying a bit, not go all-in but you should buy a bit and that will allow you to make a good profit and if you are wrong then just buy some more with the rest of the money as well.
There's nothing wrong with waiting if you know on what price to buy with your technical analysis because you need it to make a decision whether to buy or wait. Technical analysis might not be 100% accurate but at least you have something that will guarantee you that a certain price would happen for you to execute your plan.
Waiting without any plan at all is a waste of time. The only thing you could do is to buy now since we're only almost half wait from the last All Time High price, and the profit won't be that bad if you buy and hodl.
Waiting without any plan at all is a waste of time. The only thing you could do is to buy now since we're only almost half wait from the last All Time High price, and the profit won't be that bad if you buy and hodl.
When everyone is going right its better to go left, I have never seen where by everyone in cryptic space are saying the same thing and that exact thing happened later, no, it's always the opposite that happens.
You will end up losing good buying opportunity because you are waiting for the right time to buy, we are already in a good time to buy but you want more dips, it's fine but it may never come to past, I will never hold and wait around because no one knows what the bottom looks like.
When you missed the buying opportunity, that's when your eye will be clear and you will know that you've missed a good opportunity while waiting for the bottom, many people have made the exact same mistake over again.
The best approach is to keep buying small Bitcoin every week, whatever the price might be do not care, because there is nothing better than Dollar Cost Average in the crypto space, do not make the same old mistake that many crypto investors made in the last bear market.
You will end up losing good buying opportunity because you are waiting for the right time to buy, we are already in a good time to buy but you want more dips, it's fine but it may never come to past, I will never hold and wait around because no one knows what the bottom looks like.
When you missed the buying opportunity, that's when your eye will be clear and you will know that you've missed a good opportunity while waiting for the bottom, many people have made the exact same mistake over again.
The best approach is to keep buying small Bitcoin every week, whatever the price might be do not care, because there is nothing better than Dollar Cost Average in the crypto space, do not make the same old mistake that many crypto investors made in the last bear market.
Jump to: