Now time to buy Bitcoin ! | Bitcointalksearch.org

GeorgeJohn

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Quote from: JunaidAzizi on November 21, 2024, 11:48:05 AM

The US election plays a remarkable role in the price of Bitcoin, where Trump won the presidential election. BTC has already set a new ATH, and now the price is changing up and down with sentiments. We will soon see BTC hitting the 100k price. The thing is, this price increase is only because of Trump winning and his sentiments providing a more suitable environment for crypto. Soon, he will launch his financial reforms, and there will be some reforms related to crypto, from which we will see the upward movement for BTC. Now, for the newbies, a small dip in BTC is a strategic point for them to enter into Bitcoin with a handsome amount, and they will get double or triple that when Bitcoin goes beyond 100k.

I will agree with you that this is one of the things that is pushing the price of Bitcoin to increase higher because since Donald Trump emerge as a winner of the election the price or Bitcoin has been accelerating high in the price bothering the time of the election the price of Bitcoin was crumbling so nobody lose if the price will increase or not but finally we started experiencing a positive change or the price.

Another thing is that bitcoin price is unpredictable I did not one can predict or assume the price of Bitcoin it may be that this price everyone is happy for it to reach to this amount can drastically fall down tomorrow based on my letter information because I understand that it is because of information in cryptocurrency that Rises the price of Bitcoin and the any other cryptocurrency, I'm not surprised by saying a price of Bitcoin to this certain level because Donald Trump Bitcoin and drain his campaign he use it and the campaign that he will embrace a bitcoin and I think that's one of the elements that makes bitcoin to get increased.

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Quote from: Son Of Blockchain (SOB) on November 21, 2024, 03:56:30 PM

Quote from: Saint-loup on November 17, 2024, 10:39:18 AM

You shouldn't encourage beginners to buy at an ATH, Bitcoin is a very volatile and risky asset actually. Nobody knows if trump will respect what he said during his campaign in addition, so Bitcoin could stay at this level during a long time as long as people hope pro-crypto measures to take place and then decreases and dips when they will start to lose hope or it can even drop overnight if some bad news or anything else happen. I don't think Bitcoin is an asset meant for beginners, even when it is a more normal leval, so beginning with Bitcoin at its ATH, doesn't seem to be a good advice actually.

No way you just said Bitcoin is a very risky asset just no way, when you're taking about crypto assets that got very high risk you should be referring to shitcoins and not Bitcoin, you'll only lose in Bitcoin when you're using wrong strategies to accumulate it, like trading or gambling with Bitcoin to get more Bitcoins.
From what I've learnt so far, I think Bitcoin is the safest asset anyone could think of investing on, all you need to do is to buy and hold for a longer period, moreover it's volatility is not a very big deal so far you invest consistently and use good strategies for instance the dca to help recover lose.
Also, so far a beginners have learnt the features of Bitcoin and understand it very well then no laws hold them from investing on it, all they just need is thinking long-term and buying continuesly to add to their holdings, it doesn't matter whether they start now or not the goal should be holding for longer period and buying continuesly.

Among all the cryptocurrencies, Bitcoin is the safest with less risk. It also have a lot of risk invove, but holding Bitcoin is the best form investment in the whole world not just in crypto space because it is only Bitcoin that will give you financial freedom, profit, and still save you from inflation. Holding Bitcoin for very long time is the best form of investment because if you looked at how Bitcoin start back then in 2009 till date, you can see the progress, and how much people that are still holding Bitcoin has made from the investment.
Altcoi can actualy give some quick profit, but it is very risky because just as it can give you good profit, it can as well drag you back tio squre one by given you a huge lost. However, to be safe in the crypto space, invest in Bitcoin.

Son Of Blockchain (SOB)

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Quote from: Saint-loup on November 17, 2024, 10:39:18 AM

You shouldn't encourage beginners to buy at an ATH, Bitcoin is a very volatile and risky asset actually. Nobody knows if trump will respect what he said during his campaign in addition, so Bitcoin could stay at this level during a long time as long as people hope pro-crypto measures to take place and then decreases and dips when they will start to lose hope or it can even drop overnight if some bad news or anything else happen. I don't think Bitcoin is an asset meant for beginners, even when it is a more normal leval, so beginning with Bitcoin at its ATH, doesn't seem to be a good advice actually.

No way you just said Bitcoin is a very risky asset just no way, when you're taking about crypto assets that got very high risk you should be referring to shitcoins and not Bitcoin, you'll only lose in Bitcoin when you're using wrong strategies to accumulate it, like trading or gambling with Bitcoin to get more Bitcoins.
From what I've learnt so far, I think Bitcoin is the safest asset anyone could think of investing on, all you need to do is to buy and hold for a longer period, moreover it's volatility is not a very big deal so far you invest consistently and use good strategies for instance the dca to help recover lose.
Also, so far a beginners have learnt the features of Bitcoin and understand it very well then no laws hold them from investing on it, all they just need is thinking long-term and buying continuesly to add to their holdings, it doesn't matter whether they start now or not the goal should be holding for longer period and buying continuesly.

Ojima-ojo

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For me this is a bad time to make a Bitcoin purchase mostly if you are looking at holding the Bitcoin for a short period of time, because at some point, Bitcoin has come a long way and has made several all-time high prices in this period so at the moment Bitcoin is at it high price and the ability to accumulate more bits is limited because of Bitcoin current high price, so for that, holding on for a while to see if there will be possible correction backward, it be better for everyone.

Unless you are going to hold your Bitcoin for a very long period, let's say for the next two years or more to come, that way you have accumulated a lot of time and also made several Price upward movements above Bitcoin's current bought price.

JunaidAzizi

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The US election plays a remarkable role in the price of Bitcoin, where Trump won the presidential election. BTC has already set a new ATH, and now the price is changing up and down with sentiments. We will soon see BTC hitting the 100k price. The thing is, this price increase is only because of Trump winning and his sentiments providing a more suitable environment for crypto. Soon, he will launch his financial reforms, and there will be some reforms related to crypto, from which we will see the upward movement for BTC. Now, for the newbies, a small dip in BTC is a strategic point for them to enter into Bitcoin with a handsome amount, and they will get double or triple that when Bitcoin goes beyond 100k.

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Even though theres no election yet you can buy bitcoin as you can see after the price of the bitcoin soars high many people now back again with cryptocurrency because of potential of the bitcoin again, now if you manage to make a DCA through out the bitcoin on its lowest price imagine the percentage of profit you will get right now.
There are tons of newbies again right now asking the same question: "Is it time to buy now?" or "Is it okay or good to buy now?" which is common after they see the status of Bitcoin. Currently, it seems we are at the top so I guess wait for the retracement of the market if they will attempt to make a new ATH again or if this is the last time we've seen the bitcoin tried to reach the top.

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Quote from: Olatundespo on November 21, 2024, 03:07:14 AM

Is it reasonable to be in a limited buy at a time when the value of Bitcoin is rising? DCAing is more effective than any other method if you are trying to spread through purchases. Well different time periods buy weekly which allows bitcoin to grow and holding.
Bitcoin currently witnessing the peak.

Yes, that is reasonable to buy in a limited buy when Bitcoin price is increase using DCA methods. You can buy and hold for a long term and not thinks about the bull run if you don't want to take part and sell your Bitcoin. But if you want to be a part on the bull run, you can start to use DCA methods to buy for some month and see what will happen later. Maybe Bitcoin price will hit the real ATH in the next year while you have some Bitcoin by accumulating from now on. You will see the value of your Bitcoin will increase and that means, you can make a profit from Bitcoin investment.

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Quote from: Student of Bitcoin on November 20, 2024, 11:09:22 AM

Quote from: Olatundespo on November 17, 2024, 09:12:45 AM

Bitcoin price is currently increasing at a high rate, Is now the best time to buy bitcoin I asked this question in a thread. Many people out there have answered and said that the best time to buy bitcoins is always if you have enough money to buy bitcoins. So it may not be possible to say exactly when is the best time to buy Bitcoin. The best time to buy Bitcoin would be whenever you buy.

There is no fixed time to buy Bitcoin, now is the right time to buy Bitcoin considering the way the price of Bitcoin is rising. Those who bought Bitcoin even 2 years ago and held till now are now going to add a big ATH to their wallets.

I don't agree with you that you need enough money to buy bitcoins, there is no instruction that says you have to buy a bitcoin, you can save some money in bitcoins from your daily income. Another thing that helps you hold bitcoins for the long term is the DCA method. Using the DCA strategy will protect you from the effects of market volatility on your Bitcoin investment and enable you to build your portfolio. So I think Bitcoin investment through DCA method is best.

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Quote from: I_Anime on November 20, 2024, 03:02:52 PM

Just like we always say that there's no fixed right time to purchase bitcoin, all time is the right time to purchase bitcoin , but at time like this where there are already a surging in prices, keeping to your DCAing would be better and avoid any form of lump-summing for now so that won't buy at the top.

But DCAing will help you spread things out , buying at different price intervals without any stress

Is it reasonable to be in a limited buy at a time when the value of Bitcoin is rising? DCAing is more effective than any other method if you are trying to spread through purchases. Well different time periods buy weekly which allows bitcoin to grow and holding.
Bitcoin currently witnessing the peak.

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Quote from: CryptopreneurBrainboss on November 20, 2024, 04:14:36 PM

Quote from: Olatundespo on November 17, 2024, 09:12:45 AM

The US election and Republican candidate Trump winning is going to be another important chapter in Bitcoin history and I think its price can go up a lot more and this is the moment before touching $100k. We are passing through another special moment for investment especially for getting more holdings. And may be the last chance for newbie investors to get dips. Special Moments for Newbie Investors means that while investing in Bitcoin, newbie investors look for dips which are going to be very imaginative for them and should consider current dips with future aspirations.

Now is a perfect time to get your hands on some Bitcoin. Here we're and Bitcoin is about to trade above $100k and we don't have enough Bitcoin. It would had been better you bought least two years during the bottom of the market but you're not still late because we still have a long way to go.

Buying Bitcoin now could give you an almost guaranteed 50-100% profits and that's alot depending on how much you're willing to invest.

Investing in Bitcoin now is no longer that of an uncalculated risk because the chance of making money than losing is higher and this is because we're in the season of the bull that the whole market becomes bullish.

Don't fomo though into the market as you might get disappointed for expecting too much.

If there’s anything I’ve learnt over the time on here, I’d never to fomo into the market because you might end up getting really disappointed.
I do understand that, the chances of making profit is more than that of getting losses now since we’re in the bill run but the truth is that, this is cryptocurrency and nothing absolutely is certain and as such, everyone wanting to invest now should first do their calculations (check the risk) before hoping into the market.

I’ve always believed that, it’s best to enter the market when no one is talking about it not right at the moment when everyone is hyping it .

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Quote from: Olatundespo on November 17, 2024, 09:12:45 AM

The US election and Republican candidate Trump winning is going to be another important chapter in Bitcoin history and I think its price can go up a lot more and this is the moment before touching $100k. We are passing through another special moment for investment especially for getting more holdings. And may be the last chance for newbie investors to get dips. Special Moments for Newbie Investors means that while investing in Bitcoin, newbie investors look for dips which are going to be very imaginative for them and should consider current dips with future aspirations.

Now is a perfect time to get your hands on some Bitcoin. Here we're and Bitcoin is about to trade above $100k and we don't have enough Bitcoin. It would had been better you bought least two years during the bottom of the market but you're not still late because we still have a long way to go.

Buying Bitcoin now could give you an almost guaranteed 50-100% profits and that's alot depending on how much you're willing to invest.

Investing in Bitcoin now is no longer that of an uncalculated risk because the chance of making money than losing is higher and this is because we're in the season of the bull that the whole market becomes bullish.

Don't fomo though into the market as you might get disappointed for expecting too much.

I_Anime

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Just like we always say that there's no fixed right time to purchase bitcoin, all time is the right time to purchase bitcoin , but at time like this where there are already a surging in prices, keeping to your DCAing would be better and avoid any form of lump-summing for now so that won't buy at the top.

But DCAing will help you spread things out , buying at different price intervals without any stress

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Quote from: m2017 on November 20, 2024, 11:19:43 AM

Well. You've only just come to your senses? Need to buy bitcoin when there's so little talk about it.

Listen I subscribe to the buy high sell low mentality - not great on the pocketbook but helps keep me on my high horse.

m2017

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Quote from: Olatundespo on November 17, 2024, 09:12:45 AM

The US election and Republican candidate Trump winning is going to be another important chapter in Bitcoin history and I think its price can go up a lot more and this is the moment before touching $100k. We are passing through another special moment for investment especially for getting more holdings. And may be the last chance for newbie investors to get dips. Special Moments for Newbie Investors means that while investing in Bitcoin, newbie investors look for dips which are going to be very imaginative for them and should consider current dips with future aspirations.

Well. You've only just come to your senses? Need to buy bitcoin when there's so little talk about it.

"Now time to buy Bitcoin !" - This was relevant six months ago.

"Now time to buy Bitcoin !" - This phrase should be formed in the mind of everyone who hears about bitcoin for the first time.

Quote from: Olatundespo on November 17, 2024, 09:12:45 AM

In addition, a Washington Post news report that Trump victory Bitcoin soaring and much more in the coming years. After Trump is sworn in as president, when he starts to implement financial reforms properly, the price of Bitcoin may go higher and how higher?

I didn't even know that Trump had a "printing press" that allowed him to boost the bitcoin's price with one click of a button.

There are exactly the same conversations around Trump's candidacy and his re-election as president in the BTCcommunity, comparable to the appearance of a new BTC-messiah or the return of Satoshi. Maybe it's time to stop expecting him to work a miracle with bitcoin? Bitcoin should be developed by a community of many, not one.

Even the indirect influence of one human figure in the person of Trump is not beneficial to the decentralization of bitcoin. In the sense that an individual should not have such an influence on bitcoin.

This hype around Trump and Bitcoin is not healthy.

Student of Bitcoin

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Quote from: Olatundespo on November 17, 2024, 09:12:45 AM

The US election and Republican candidate Trump winning is going to be another important chapter in Bitcoin history and I think its price can go up a lot more and this is the moment before touching $100k. We are passing through another special moment for investment especially for getting more holdings. And may be the last chance for newbie investors to get dips. Special Moments for Newbie Investors means that while investing in Bitcoin, newbie investors look for dips which are going to be very imaginative for them and should consider current dips with future aspirations.

Bitcoin price is currently increasing at a high rate, Is now the best time to buy bitcoin I asked this question in a thread. Many people out there have answered and said that the best time to buy bitcoins is always if you have enough money to buy bitcoins. So it may not be possible to say exactly when is the best time to buy Bitcoin. The best time to buy Bitcoin would be whenever you buy.

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Quote from: Olatundespo on November 17, 2024, 09:12:45 AM

The US election and Republican candidate Trump winning is going to be another important chapter in Bitcoin history and I think its price can go up a lot more and this is the moment before touching $100k. We are passing through another special moment for investment especially for getting more holdings. And may be the last chance for newbie investors to get dips. Special Moments for Newbie Investors means that while investing in Bitcoin, newbie investors look for dips which are going to be very imaginative for them and should consider current dips with future aspirations.

It can't be the last dip to get your hands on more Satoshies because there are wars ongoing, and Trump won't be the president of America for life. The war between Ukraine and Russia is sparking day by day, and Trump has not been inaugurated even now, and till 20th Jan, anything can happen. Well, you are right about one thing, and that is if BTC got adopted in these years and adopted by many countries as well and if he keeps all of his promises, then maybe in these years we might not see another big dip but yeah seasonal dip is expected and that can't be eliminated.

Quote from: Alpha Marine on November 18, 2024, 01:13:33 PM

Wake up to the real world.
What reforms do you think Trump will do that will be an "important chapter of bitcoin"?
Why are you guys trying to marginalise Bitcoin this much?

I think they were this bullish because BTC ETFs got approved, and many of them are serious investors and traders who takes news into account, they must have speculating on election news, some might have bought big when BTC dumped to $53k when Germany sold and they must have plans to sell now.

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Quote from: Ambatman on November 17, 2024, 11:31:44 AM

FOMO and not something I would encourage for a newbie especially one that's entering with hope of gaining profits in the short term.
If anything makes Bitcoin deviates from the bullish momentum even for a moment
It's going to cost the newbies especially if they went all in.
If you a newbie and can't wait or handle loss
Just wait it out
Unfortunately while waiting thr value of your Fiat is falling.

Investors affected by FOMO may not be able to take the risk of getting high profits and they hesitate with themselves during every purchase and ultimately lose dips event which is not a sign of a successful investor. Considering the level of risk while investing you should be aware of buy limit and discretionary money as Bitcoin price has crossed another ATH today and you should be patient and let the long term accumulation flow without stopping to increase your holdings of Bitcoin.

Quote from: Akbarkoe on November 17, 2024, 01:40:57 PM

For me it's too late and Bitcoin is in a crucial price zone, unless it will hold it at a longer time, for a close distance we still doubt it will benefit.
The plan for submitting bitcoin as a strategy plan is still questioned will get a capitalization of Bitcoin that big, if the US is calculated if buying Bitcoin such as $ BTC 1000,000 will only add approximately 90 million, and we need more.

Expecting to always make a profit creates another risk in us and can prevent us from making higher profits. I think it is not too late and we should continue to save. You will see that the bull run that started the night Trump won the election is still continuing and another ATH today and when he goes back to the white house the value of Bitcoin should more increase. However, the information about Bitcoin's price increase is entirely speculative. But every investor should take some risk for wealth growth.

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Quote from: Olatundespo on November 17, 2024, 09:12:45 AM

The US election and Republican candidate Trump winning is going to be another important chapter in Bitcoin history and I think its price can go up a lot more and this is the moment before touching $100k. We are passing through another special moment for investment especially for getting more holdings. And may be the last chance for newbie investors to get dips. Special Moments for Newbie Investors means that while investing in Bitcoin, newbie investors look for dips which are going to be very imaginative for them and should consider current dips with future aspirations.

Why are you so sure that this is the last dip for bitcoin especially the involvement of novices in investment and bitcoin is quite speculative no one can guarantee that there will be no more dips in the future. I agree about the increasingly advanced journey of bitcoin but I dare not guarantee that the issue of a dip will not occur below the resistance in the last few months. Investors always expect a dip for greater accumulation and they never care about the panic that is going on in the market.

If you understand the process of bitcoin's journey maybe we almost never see a stable price. But one thing I might agree with is that the lowest price might be hard to find for Bitcoin's future journey, so opportunities for new investors must be able to see comparable accumulations so they can continue to start collecting Bitcoin.

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Quote from: Olatundespo on November 17, 2024, 09:12:45 AM

The US election and Republican candidate Trump winning is going to be another important chapter in Bitcoin history and I think its price can go up a lot more and this is the moment before touching $100k. We are passing through another special moment for investment especially for getting more holdings. And may be the last chance for newbie investors to get dips. Special Moments for Newbie Investors means that while investing in Bitcoin, newbie investors look for dips which are going to be very imaginative for them and should consider current dips with future aspirations.

https://x.com/BTC_Archive/status/1857916500440502413

In addition, a Washington Post news report that Trump victory Bitcoin soaring and much more in the coming years. After Trump is sworn in as president, when he starts to implement financial reforms properly, the price of Bitcoin may go higher and how higher?

https://x.com/BTC_Archive/status/1857886377456591225

In fact, Trump's victory has been somewhat positive for Bitcoin. But I don't know what kind of steps Trump will take for Bitcoin when he officially takes office. If Donald Trump brings positive news for Bitcoin, Bitcoin will be better for the next years. But right now the market is pumping a lot, I don't want to advise anyone to invest in this pumping. Maybe by November or 2024 Bitcoin may touch $100,000 again, but if there is dumping in between then the market can be very dumping. But a newbie investor is advised to either wait for some time or continue investing using DCA method. If one can continue to invest using DCA method, one does not have to think about market volatility but must invest for long term.

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Quote from: ultrloa on November 20, 2024, 02:49:11 AM

Maybe best for people to respect the opinion of people if either they want to buy now or not since after all each of us can decide on when we want to buy. Some people could really say that its not time to buy now since same as you they think that anytime a correction may happen and this is bad for those people who bought at the top since stuck or don't want to became a bag holder especially if they are not a long term holder.

I am sorry if that sounds disrespectful. But I respect their opinions. I did not want to disrespect anyone. All I shared is my point of view. I also agree that if someone has a strategy and holds for a long time, they can buy whenever they want regardless of the price. But, overall, it is not a good time to invest in Bitcoin. People will start selling in a couple of days and start investing in alt coins to get maximum returns. That will be a risky invest. But I still stay with what I have said. I don't think it is the best time to buy Bitcoin.

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