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Topic: Now time to buy Bitcoin ! (Read 185 times)

legendary
Activity: 2254
Merit: 1377
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Today at 01:43:22 AM
#27
Well if you are doing dca then the price doesnt matter. But if you are an investor who are aiming for profits then you missed the golden entry when it was so down before. Its likely that your dca doesnt panned out or earn big profits but you still be able to accumulate bitcoin in general average. We dont know when the maximum price will shoot or it will do another dump. Who knows what the future holds.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
Today at 01:09:11 AM
#26
Whenever I see posts like this I have to think about what Michael Saylor said about buying bitcoin and when. 'Everybody gets Bitcoin at the price he deserves'.

https://x.com/saylor/status/1426514009713520641
full member
Activity: 126
Merit: 93
Today at 12:30:58 AM
#25
I think it would not be right to buy BTC at this time. If you want to buy BTC, wait for a few days. The wrong market will start. Then there will be a big dumping of Bitcoin. Then you can buy Bitcoin. And if you want to buy Bitcoin now, I would say it is better not to buy such expensive Bitcoin.

Nothing is confirmed. Nobody knows if Bitcoin will dump so hard and even if does, how long it may take. I am also unsure what you mean by wrong market. Bitcoin is currently moving sideways for the last three days. It feels like the same sentiment will continue for the next couple of days if nothing significant happens. But we expect some good news or bad news since Mr. Trump is going to do something for the Bitcoin community. He promised to release Ross in 2025. Bitcoin may pump further in January 2025 once Ross gets released. Yet, I don't think this is a good time to buy Bitcoin.
Of course Now is the right time to buy Bitcoin and it's going to be the best time for you even if you haven't made your debut as an early stage Bitcoin investor and now is the right time to get future holdings. Starting DCA with the amount of discretionary money you have can be more effective than spending time anticipating bearish periods. Yes, the relationship between politics and economy is very close and if Mr. Trump can implement the policy according to his promise better and promising results are expected for Bitcoin. The mismatch between politicians words and actions is not unexpected, but investors should tend to be bullish on Bitcoin as despite Mr. Biden objections in the past Bitcoin value has risen sharply and crossed several ATH. Personally I am optimistic that Bitcoin holders are going to get a positive political platform and that he will deliver on his promises.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Today at 12:22:15 AM
#24
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

At current price ? I don't think so.
We are standing at ATH price and we have seen such threads in the past to buy bitcoin when bull run is in place.
I would say, buying bitcoin near ATH would not be a good idea if you are looking for short term profits.
Buying bitcoin in bear market is the most sensible thing to me if you are buying it through DCA.
Holding bitcoin in a bull market and taking profits along the way should be more profitable than buying bitcoin near ATH.
For long term investors, any price would be a good price to buy bitcoin because 10 years down the line it wouldn't really matter if you bought it at $90k or $80k.
hero member
Activity: 770
Merit: 482
November 17, 2024, 10:59:58 PM
#23
I think it would not be right to buy BTC at this time. If you want to buy BTC, wait for a few days. The wrong market will start. Then there will be a big dumping of Bitcoin. Then you can buy Bitcoin. And if you want to buy Bitcoin now, I would say it is better not to buy such expensive Bitcoin.

Nothing is confirmed. Nobody knows if Bitcoin will dump so hard and even if does, how long it may take. I am also unsure what you mean by wrong market. Bitcoin is currently moving sideways for the last three days. It feels like the same sentiment will continue for the next couple of days if nothing significant happens. But we expect some good news or bad news since Mr. Trump is going to do something for the Bitcoin community. He promised to release Ross in 2025. Bitcoin may pump further in January 2025 once Ross gets released. Yet, I don't think this is a good time to buy Bitcoin.
hero member
Activity: 2604
Merit: 816
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November 17, 2024, 09:59:19 PM
#22
People can buy Bitcoin or not will depends on how they see Bitcoin. If they follow Bitcoin journey so far, they will not delay the chance to buy more Bitcoin especially when the price is down. But we know that many people still not buy Bitcoin because many reasons. We can not force them to buy Bitcoin whether the price is at a low price or high price.

We can only suggest them to buy Bitcoin and hold it but everything will be back to them. If they want to buy, they should waits for a while and not buy in a rush. If they see the price is down and stay for a while in a certain price, that could be a good time to buy Bitcoin. But they should be careful because this situation needs to be analyze for more to find the right time to buy Bitcoin.
hero member
Activity: 1722
Merit: 801
November 17, 2024, 08:54:19 PM
#21
You can always say "Now it's time to buy Bitcoin!" and it is always true.

It is especially true whenever you start to realize chronic issues of fiat currencies and their decreasing purchasing power with time. For example the US. Dollar.

Purchasing power of the US. dollar over time.

Most of days in Bitcoin history are profitable days. If you can buy bitcoin, can hold it a long time, you will get profit.
https://www.bitcoinmagazinepro.com/charts/bitcoin-profitable-days/
sr. member
Activity: 182
Merit: 120
November 17, 2024, 05:52:20 PM
#20
Just curious to know if waiting for a correction is a bad idea? No one should be fooled with bitcoin price now or what Trump said at the moment, it’s fine he said few things concerning bitcoin and it happens to favour bitcoin if only he’ll act accordingly but for now don’t be lead by the price then forced to buy at the high price. Dip will definitely come but not as the previous time that’s the major reason buying at a good price is perfect for every investor including newbies no one is exempted. Let’s be realistic those who choose quick gains and decides to buy now will face lose or they’ll have to wait. Unknown prediction is the major factor that continues to fail us in return cutting our expectations short, why not choose what’s good if buying now or later.
sr. member
Activity: 476
Merit: 307
November 17, 2024, 04:59:01 PM
#19
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
There is no last chance to buy Bitcoin because the price will not continue to go up forever, there is something that is called correction that often happens in the market and will continue to happen in the market. Even though Bitcoin reach 100k and above in this bull run, there are possibilities that it will still retrace and come down below the 100k during the following bear market after sellers had taken profits from this bull run. If not encouraging anyone to wait to buy then rather I support making the buying a continuous one through any of the methods like the DCA method or buying the dips. This one the investor can build a portfolio that can be held for a very long time.
sr. member
Activity: 1022
Merit: 363
November 17, 2024, 04:47:12 PM
#18
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
I think There is too many discurssion  in regards to US and Trump election, which makes me not find this Trump talks not funny anymore. Topics about Trump has been raised everyday and all seams to be reapeting thesame thing, and it begin to think of it weren't for Trump, wouldn't have bitcoin grew above this ATH? As far as know bitcoin will do better wether Trump or no Trump. This reapeated topics to me is meaningless. We should just wait and see what Trump will do if he resumes since he has been elected. Afterall he has been there before and yet nothing to show about bitcoin till he left the seat. I will appreciate it if we all keep calm and see how the ge plays.

People need to move forward on US election shit things since its done, What people need to look after now is possible implementation of things  that needed to happen especially that there's promise of good support so for this coin will have good legal protection and will be allowed to used by people without getting more bothered by certain jerks who doesn't understand about it or just have other self interest to protect.

As of this moment Senate is pushing a law to make bitcoin as their global reserve so let see if this will really happen under Trumps first 100 day in office. Since for sure that lots of people would like to see how he perform for second time around.
sr. member
Activity: 350
Merit: 254
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November 17, 2024, 04:29:27 PM
#17
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
I think There is too many discurssion  in regards to US and Trump election, which makes me not find this Trump talks not funny anymore. Topics about Trump has been raised everyday and all seams to be reapeting thesame thing, and it begin to think of it weren't for Trump, wouldn't have bitcoin grew above this ATH? As far as know bitcoin will do better wether Trump or no Trump. This reapeated topics to me is meaningless. We should just wait and see what Trump will do if he resumes since he has been elected. Afterall he has been there before and yet nothing to show about bitcoin till he left the seat. I will appreciate it if we all keep calm and see how the ge plays.
sr. member
Activity: 504
Merit: 279
November 17, 2024, 03:37:01 PM
#16
I think it would not be right to buy BTC at this time. If you want to buy BTC, wait for a few days. The wrong market will start. Then there will be a big dumping of Bitcoin. Then you can buy Bitcoin. And if you want to buy Bitcoin now, I would say it is better not to buy such expensive Bitcoin.

And if you invest regularly, then it is okay. You can continue with your investment. But if you suddenly want to buy Bitcoin now, then I would say it is better not to buy it now. It will be better for you to buy it later. There will be a good time to buy Bitcoin. I think it would be better if you can wait until that time. There is no need to buy Bitcoin at such a high price at the present time.

I am definitely not arguing your facts here, I also seriously advice against buying coins during the bull market just because it is pumping already, my advice is buy when there is FUD and sell when there is greed and this strategy has actually worked perfectly for me, so buying at the top is a very big risk. Now the question is what is actually the top? For anyone trying to invest into bitcoin for a long time I will say there is no time that is bad to actually buy bitcoin at, this current $90k price today might simply be the lowest we could see bitcoin go again, many people actually emphasizes on bitcoin dumping but is there certainty for that? No

For the question of when to sell it is simple invest what you can afford to lose even though this is a safer heaven than fiat in terms of inflation but investing what can afford to lose will simply not put you in positions where you sell off regularly whenever you need money
legendary
Activity: 1526
Merit: 1359
November 17, 2024, 03:27:27 PM
#15
We still dont know exactly what financial reforms this administration has cooked up.  They could help Bitcoin or hurt it depending on how things shake out.  So Id be careful about calling this our last shot to hop on the Bitcoin train.  Changes can make people impatient and some folks might react and start buying or selling like crazy for a bit. But Bitcoin has jumped high and dropped low plenty of times before 2024.  Its price depends on a heck of a lot more than just what any one president and one and one country's administration does. Even if it is one of the largest economies in the world.
full member
Activity: 168
Merit: 138
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November 17, 2024, 02:46:34 PM
#14
The title of the thread is giving me a FOMO vibe, which I'm not sure if we should encourage and recommend this to newbies considering the fact that this recent Bitcoin price increase isn't just like the regular one we've seen.

Having a price increase from $60K+(range) to $90K+. You could see the massive price difference. Of course, DCA can also be applicable in times like this, but I think some investors might start having a second thought, considering the fraction difference.

But as it stand, waiting for dip is clearly out of the picture, so investors should rather stick to buying using DCa, to at least be on a safer side.

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?

It looks very likely to see the price of Bitcoin going higher when trump resumes duty, but I think they've not been recent speculation on what we might possibly see. The only speculation and anticipation on ground now is to see that $100K, then further matters can arise after that.
hero member
Activity: 3024
Merit: 680
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November 17, 2024, 02:40:14 PM
#13
I think its price can go up a lot more and this is the moment before touching $100k.
Everyone thinks that the price can go up and waiting for the price to reach $100k anytime from now on.

We are passing through another special moment for investment especially for getting more holdings.
If it's about getting more holdings, this isn't the right time. But it's up to you if you think that the new ones are still on the right form to accumulate, well, I'd also say that there's still time and we're not yet on the peak.

So, for them to get some share on this bull run. They have to decide whether to buy now or not yet. If not, they have to move on to the next cycle after 4 years again.
sr. member
Activity: 644
Merit: 262
November 17, 2024, 02:32:15 PM
#12
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?
Agreed the Trump victory at the poll had a great influence on bitcoin pushing it to highs we never sought to happen just this last quarter of 2023. But that doesn't guarantee that price would still soar much more as we are looking at it from the perspective of what the election triggered. These policies by Trump may end up being implemented and may not have so much impact on bitcoin price rising higher as the election did and  I hope people don't get disappointed should things occur that way.

From what am noticing about new investors that are buying Bitcoin now, they ain't buying with a long term hodling plans, their buying is triggered by this current rise and lik FOMO they don't want to miss out but and that's why it really gonna be disastrous for such people that going forward we get to experience some dips rather than higher highs of price as a lot financial institutions  are speculating.
member
Activity: 28
Merit: 7
November 17, 2024, 02:00:54 PM
#11
If the beginner is ready to only buy without selling for a long time and he has the money to buy right away, why not...he can buy now because no one knows when bitcoin price will get to a lower price for new investors to start their bitcoin accumulation.
I think it would not be right to buy BTC at this time. If you want to buy BTC, wait for a few days. The wrong market will start. Then there will be a big dumping of Bitcoin. Then you can buy Bitcoin. And if you want to buy Bitcoin now, I would say it is better not to buy such expensive Bitcoin.

And if you invest regularly, then it is okay. You can continue with your investment. But if you suddenly want to buy Bitcoin now, then I would say it is better not to buy it now. It will be better for you to buy it later. There will be a good time to buy Bitcoin. I think it would be better if you can wait until that time. There is no need to buy Bitcoin at such a high price at the present time.
sr. member
Activity: 224
Merit: 195
November 17, 2024, 01:58:42 PM
#10
Hal semacam ini pasti akan sering terjadi, bitcoin semakin meningkat akan semakin di beritakan dimana-mana dan itu akan menjadi fomo lagi dan lagi, dan sekarang dengan keterbukaan media yang sangat luas dan kemudian bitcoin di dukung oleh banyak pihak akan semakin menarik perhatian jika bitcoin terus mengalami kenaikan dan ittu akan menimbulkan fomo besar-besaran pada siklus kali ini, sementara kita yang sudah ada di forum ini yang mengumpulkan bitcoin dalam waktu yangg cukup lama dari harga terendah pada siklus tahun 2022 sedang melihat pertumbuhan portfolionya dan beberapa orang disini mungkin sudah mengambil keuntungannya, tetapi di luar sana orang sedang mengumpulakn bitcoin,

Istilah yang selalu menjadi patokan dalam berinvestasi bitcoin bagi ane adalah "jangan mau jadi tukang cuci piring setelah pesta berakhir".
The prefered language for this board is English, using your local board language only makes it difficult for others from a different board to understand what you are saying, your reply here might be helpful to everyone but whereas we can't interpret then it's pointless.

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
It's not just a saying, clearly we have seen how Bitcoin price would look like under the management of Trump, right from him emerging as the winner from the concluded election, the price of Bitcoin already has gone up a lot and it is a good sign that when power is being given, there will be enough bull run to fill up profits in our portfolio.
legendary
Activity: 1204
Merit: 1005
November 17, 2024, 01:40:57 PM
#9
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.
sr. member
Activity: 476
Merit: 385
Baba God Noni
November 17, 2024, 12:41:49 PM
#8
If the beginner is ready to only buy without selling for a long time and he has the money to buy right away, why not...he can buy now because no one knows when bitcoin price will get to a lower price for new investors to start their bitcoin accumulation.

It wouldn't be good to be on the waiting train when you don't know if you will have the money to buy when the price dips or should I say in the bear market. The only time a beginner can buy bitcoin cheap is in the next bear market and that will be a waste of time. DCA can be used for investing in bitcoin as a new beginner to grow your bitcoin stash overtime. There is no best time to buy bitcoin if you plan to be a long-term investor.
I disagree with that, except if you make monthly DCA purchases, even when you plan to invest for a long time, it's never a good idea to buy Bitcoin or another volatile asset at its ATH, because if Bitcoin will manage to beat its ATH in few years, you don't know what can happen in your own life, and if for unexpected reasons you have to sell your bag, you can suffer heavy losses if you've bought the main part of your bag at its ATH price and you are now far below your break-even point, sadly.
Yea, I am with you and I believe that we are on the same side. Doing monthly DCA regularly is the only way out and I failed to mention that. It would be absurd to buy bitcoin now and start waiting for a long period of time without buying and increasing your portfolio weekly, bi-weekly or monthly consistently. It means that you will only be in profit whenever bitcoin price crosses $91k.

One can also see bitcoin as means to save his funds whenever he gets paid monthly instead of saving it in the bank for long.
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