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Topic: Now is the perfect time to invest in Bitcoin (Read 10275 times)

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January 07, 2023, 09:19:02 AM
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member
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The price of Bitcoin increased drastically in late 2020 and early 2021. The price of Bitcoin touched about 72k dollars.But from there the price has come down to its lowest level.

https://i.ibb.co/SwZRFXh/22b6e9eb5212.jpg


Bitcoin price is currently 19302 dollars but the possibility of Bitcoin price increase from here is very high.And I think Bitcoin price in 2023 Chances of reaching $100,000 per year are very high so if one wants to invest then now is the best time to invest in Bitcoin.

If you invest at this time then you will definitely be able to reap huge benefits as I believe that Bitcoin price will increase greatly by 2023.
I have not so much knowledge but I Will say that I will buy Bitcoin at almost 10k to 12 dollars price range. And that price range will be good for me because all of the alts will be at a lower price and that could make me good decisions so that I might be able to do something better my future.
full member
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The price of Bitcoin increased drastically in late 2020 and early 2021. The price of Bitcoin touched about 72k dollars.But from there the price has come down to its lowest level.




Bitcoin price is currently 19302 dollars but the possibility of Bitcoin price increase from here is very high.And I think Bitcoin price in 2023 Chances of reaching $100,000 per year are very high so if one wants to invest then now is the best time to invest in Bitcoin.

If you invest at this time then you will definitely be able to reap huge benefits as I believe that Bitcoin price will increase greatly by 2023.
I have not so much knowledge but I Will say that I will buy Bitcoin at almost 10k to 12 dollars price range. And that price range will be good for me because all of the alts will be at a lower price and that could make me good decisions so that I might be able to do something better my future.
Of course, if bitcoin can drop to that level it will be a great opportunity for us to buy bitcoin, but that is just your guess and there is no guarantee that will happen. So I think we can buy now and if bitcoin continues to fall we can use DCA. That way we won't be able to miss any bitcoin lows instead of waiting uncertainly.
hero member
Activity: 1008
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~snip~
Currently now the price of Bitcoin is far below $19000 and very good position to buy more. I myself have set up a plan on how to gradually increase my bag with the fractions I will be purchasing with spare cash when ever I have it on me. This current market situation is favourable to own more bitcoin as the case maybe. If you can take advantage of it better for you that way.

It's definitely on the lower side, but we cannot really know how low it can go or for how long.

The best is to always buy Bitcoin with money that you won't be needing in years.

If you need the money and then sell at a loss then it would be hard to see the price rising in the future.
sr. member
Activity: 994
Merit: 441
The price of Bitcoin increased drastically in late 2020 and early 2021. The price of Bitcoin touched about 72k dollars.But from there the price has come down to its lowest level.




Bitcoin price is currently 19302 dollars but the possibility of Bitcoin price increase from here is very high.And I think Bitcoin price in 2023 Chances of reaching $100,000 per year are very high so if one wants to invest then now is the best time to invest in Bitcoin.

If you invest at this time then you will definitely be able to reap huge benefits as I believe that Bitcoin price will increase greatly by 2023.
Yes, now is the right time to invest. All those who were interested in investing took advantage of this opportune time. But I would say to those who are waiting to invest till now, don't wait any longer and take advantage of this time.The market may go higher soon. Then maybe this is not the right time to invest. So those who have not invested yet invest in this instant market. Wait a long time if necessary. The next halving of this Bitcoin is going to be in 2024. Be patient and strengthen your investment.
full member
Activity: 462
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The price of Bitcoin increased drastically in late 2020 and early 2021. The price of Bitcoin touched about 72k dollars.But from there the price has come down to its lowest level.




Bitcoin price is currently 19302 dollars but the possibility of Bitcoin price increase from here is very high.And I think Bitcoin price in 2023 Chances of reaching $100,000 per year are very high so if one wants to invest then now is the best time to invest in Bitcoin.

If you invest at this time then you will definitely be able to reap huge benefits as I believe that Bitcoin price will increase greatly by 2023.
Currently now the price of Bitcoin is far below $19000 and very good position to buy more. I myself have set up a plan on how to gradually increase my bag with the fractions I will be purchasing with spare cash when ever I have it on me. This current market situation is favourable to own more bitcoin as the case maybe. If you can take advantage of it better for you that way.
full member
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The price right now is at a better advantage of 16,600+ compared to the price as at when OP made the thread. It's very much of a great idea to buy right now at this prices because bitcoin will  definitely increase greatly like you said, but we shouldn't put our mind on a certain duration as to when it will increase, if you're buying for a long term then just hodl for that long till the boom starts, and not to think it's going to hit up from 2023 and it didn't then you now pull out your investment based on your expectations of 2023 that didn't surface only for the increase in bitcoin price to come in 2024 or 2025 as the case may be.
So if you're buying long , then just buy long and keep timeframe aside.
it is possible that the price will be able to fall again, of course it will happen if you look at the situation where the economy has not yet recovered. but you shouldn't keep waiting for the situation to go down, because the prediction could be wrong and it will continue to fluctuate in price with the current range. so it's true what you said mate, as soon as possible to buy because the market can go down and can remain stable, but buying immediately can prepare more to be used as investment. it is certain that the price will increase in time and indeed not for this year but for the next halving period. it is indeed a long enough time to be able to reach the ideal price and remain patient with that situation.
legendary
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I feel like the general public's view regarding cryptos has always been more negative than positive: many people simply don't understand how they work, many other people missed the bus, or at least they think they did, so they just hope everything is gonna sink because they're jealous. Without even mentioning all the bs coming from the governments...

We can blame mainstream governments with their propaganda against Bitcoin. People are led to believe it's a scam or a fad, when it's really all of the contrary. With declining market prices because of a weakening global economy, less people will be inclined to invest into Bitcoin for the long term. We need to wait until the next bull market, to see renewed interest into Bitcoin.

If you really want to make money, investing during a bear market would be the way to go. As I've said many times before, weak hands will sell but strong hands will buy and "hodl" no matter what. No one can tell what will happen in the future due to the widely unpredictable nature of the crypto market. Just invest based on facts (not someone else's opinion), and there should be nothing stopping you from becoming filthy rich with Bitcoin in the long run. Just my thoughts Grin
newbie
Activity: 23
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The price of Bitcoin increased drastically in late 2020 and early 2021. The price of Bitcoin touched about 72k dollars.But from there the price has come down to its lowest level.

https://i.ibb.co/SwZRFXh/22b6e9eb5212.jpg


Bitcoin price is currently 19302 dollars but the possibility of Bitcoin price increase from here is very high.And I think Bitcoin price in 2023 Chances of reaching $100,000 per year are very high so if one wants to invest then now is the best time to invest in Bitcoin.

If you invest at this time then you will definitely be able to reap huge benefits as I believe that Bitcoin price will increase greatly by 2023.
To invest in cryptocurrencies, you must have your own strategy, and you cannot follow other people's ideas. Low prices are certainly a good time to invest in Bitcoin, but not sure about its bottom. Only those who hold it for a long time until the start of the bull market may be more profitable.
hero member
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I don't think there's a universal best time to invest in Bitcoin, it's all a personal matter in the end.

For example, it depends on your age, if you're 100 years old, or you haven't been born, you won't really have access to Bitcoin.

If you're between say, 10 to 60, then maybe it would be reasonable to start looking at Bitcoin.

Also it depends on how much fiat money you have or your ability to generate value at the moment.

Maybe you're broke and sick and can't really buy or get paid in Bitcoin right now.

It's all relative.

But Bitcoin is always there for you now, whenever you want to save money, it's there for you.
sr. member
Activity: 714
Merit: 353
We can't just say these is the exact time to invest in bitcoin before you invest you should check the how the price of bitcoin is going is it high low. But for me these is exact to invest because right now bitcoin price is going high which I think maybe in 2023 the price will be higher than this, so is better to invest from now so that when is time to get high your bitcoin is already there
legendary
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Yeah, i do agree this one of the best times to buy bitcoin in several years. I would say even more, now it is the perfect chance for those who missed the train. Bitcoin seems to have hit a bottom and some people are already accummulating. The price can even go further down but I do not believe so. And even if it goes, the price is very enjoyable at the moment as it is extremelly undervalued. I know this because people have been buying making it a strong signal that it is starting an accummulation phase.

I agree with you, in the current Bitcoin cycle, I also think that the current price is one of the better deal during this cycle journey of Bitcoin.  Fron its peak of $69k+ down to the current price of $16661.10

that is already a huge discount.  Those who wouldn't take the opportunity to accumulate Bitcoin at the current price will definitely missed out and regret it when price of Bitcoin started to rally.
legendary
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I personally think things are different now. The general public's view on crypto is kinda negative thanks to influencer shilling and the like. I think we may not see another spike like 72k until something major happens like covid to cause such a thing.
I feel like the general public's view regarding cryptos has always been more negative than positive: many people simply don't understand how they work, many other people missed the bus, or at least they think they did, so they just hope everything is gonna sink because they're jealous. Without even mentioning all the bs coming from the governments...
legendary
Activity: 1596
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Yeah, i do agree this one of the best times to buy bitcoin in several years. I would say even more, now it is the perfect chance for those who missed the train. Bitcoin seems to have hit a bottom and some people are already accummulating. The price can even go further down but I do not believe so. And even if it goes, the price is very enjoyable at the moment as it is extremelly undervalued. I know this because people have been buying making it a strong signal that it is starting an accummulation phase.
hero member
Activity: 938
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Leading Crypto Sports Betting & Casino Platform
The price of Bitcoin increased drastically in late 2020 and early 2021. The price of Bitcoin touched about 72k dollars.But from there the price has come down to its lowest level.




Bitcoin price is currently 19302 dollars but the possibility of Bitcoin price increase from here is very high.And I think Bitcoin price in 2023 Chances of reaching $100,000 per year are very high so if one wants to invest then now is the best time to invest in Bitcoin.

If you invest at this time then you will definitely be able to reap huge benefits as I believe that Bitcoin price will increase greatly by 2023.
The price right now is at a better advantage of 16,600+ compared to the price as at when OP made the thread. It's very much of a great idea to buy right now at this prices because bitcoin will  definitely increase greatly like you said, but we shouldn't put our mind on a certain duration as to when it will increase, if you're buying for a long term then just hodl for that long till the boom starts, and not to think it's going to hit up from 2023 and it didn't then you now pull out your investment based on your expectations of 2023 that didn't surface only for the increase in bitcoin price to come in 2024 or 2025 as the case may be.
So if you're buying long , then just buy long and keep timeframe aside.
sr. member
Activity: 910
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We have seen the crypto market move to a very low position in the current situation. And from this situation many investors are leaving the investment but those who are smart investors are starting to hold by investing huge amount in Bitcoin right now. Because investing in cryptocurrency should not lose patience, you must have maximum patience. And the market never stays the same, always shifting. The market has dumped a lot this year but it will rise again at a higher rate next year. If investment is made from this situation then it will definitely be possible to get a good profit in future.
The decline that continues to occur in the crypto market is indeed a tough test for holders. And those who remain strong in refraining from selling until the bullrun returns are the ones who will probably win. But of course very few survive. However, new investors will replace the amount that may be larger. and for investors of course the bear market is the right time to start investing by collecting bitcoins from every drop that occurs. and holding it in until the bull market kicks in is a pretty smart move. But still we still have to analyze calmly and not in a hurry. because we don't know where this decline will stop. so the step I took was DCA.
legendary
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We have seen the crypto market move to a very low position in the current situation. And from this situation many investors are leaving the investment but those who are smart investors are starting to hold by investing huge amount in Bitcoin right now. Because investing in cryptocurrency should not lose patience, you must have maximum patience. And the market never stays the same, always shifting. The market has dumped a lot this year but it will rise again at a higher rate next year. If investment is made from this situation then it will definitely be possible to get a good profit in future.

I'm not sure the market will go up again next year as you say no, but I hope your prediction comes true. But I will agree with you, buy bitcoin now if we want to get good profit in the future. Will Bitcoin continue to fall or will rise from here, really no one knows, but compared to ATH, this is already the right price to invest.
legendary
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We have seen the crypto market move to a very low position in the current situation. And from this situation many investors are leaving the investment but those who are smart investors are starting to hold by investing huge amount in Bitcoin right now.
I think every investor is likely to learn more from the previous ATH cycle. I think they are probably currently buying more and holding their bitcoins for the next 2-4 years before taking profits, meaning they aren't spending money on something that isn't profitable in the long term and aren't selling during downturn.

Timeframe and price fluctuations will determine investment success, but if they are not mentally strong enough then they should not be called investors. Basically investors will set time and return targets for their investment, so I don't think they will sell at this time. They tend to accumulate more bitcoins in their bag.
member
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We have seen the crypto market move to a very low position in the current situation. And from this situation many investors are leaving the investment but those who are smart investors are starting to hold by investing huge amount in Bitcoin right now. Because investing in cryptocurrency should not lose patience, you must have maximum patience. And the market never stays the same, always shifting. The market has dumped a lot this year but it will rise again at a higher rate next year. If investment is made from this situation then it will definitely be possible to get a good profit in future.
legendary
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Hi,
In the next 10 years the physical money will be nonexistent, so there is perfect time to invest in crypto.
Thanks

You know something?
Traders always used to "wait" too much, they wanted BTC to be $10 or less when it cracked $30, they wanted BTC to be under $300 when it broke $1000 and the story goes on and on until we saw it above $65k and then traders thought that we will surely have a bearish run and we will buy it if it comes near $25k. The recent bottom that it touched (which in my views is still not a bottom yet) was around $15500.
Now, everyone is fearing whether some shitty games get played and a news come out that an exchange has been hacked and funds stolen, and the exchange's name is in the list of most trustworthy ones, we might see BTC below $10k too.
Those were the traders who wanted to buy it for under $25000, now what would you call this? A perfect time or should you wait more for it to fall to 0 and you become an early adopter of crypto by buying it from such level?
Think yourself, what do you want to do!
Don't listen, just do what you want to do.
Smart traders always do DCA and watch for areas where aggressive buying is waiting and huge accumulation might take place, they set their buy orders accordingly without waiting for the price to go there because they are confident that some day, their orders will definitely get triggered.
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