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Topic: Now time to buy Bitcoin ! - page 4. (Read 570 times)

sr. member
Activity: 518
Merit: 433
Playbet.io - Crypto Casino and Sportsbook
November 17, 2024, 11:31:44 AM
#6
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.
hero member
Activity: 868
Merit: 530
November 17, 2024, 11:25:11 AM
#5
I am replying to the title. I didn't even bother to read whatever explanation you wrote. This is not the right time to buy Bitcoin. You had a whole two years to buy Bitcoin while it was 20K-30K and even 40K-50K. But people did not buy Bitcoin because they thought their bitcoin was dead and never going to pump like before. But look at the market right now, It broke all the previous records and making more records each week. Bitcoin is at ATH and now you are creating a thread saying Now time to buy Bitcoin. Why? Where you were when Bitcoin was at 17K? We need people who can support Bitcoin during the bear season.
hero member
Activity: 476
Merit: 385
Baba God Noni
November 17, 2024, 11:06:46 AM
#4
You shouldn't encourage beginners to buy at an ATH, Bitcoin is a very volatil and risky asset actually. Nobody knows if trump will respect what he said during his campaign
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.
legendary
Activity: 2604
Merit: 2353
November 17, 2024, 10:39:18 AM
#3
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.
hero member
Activity: 2366
Merit: 838
November 17, 2024, 09:31:47 AM
#2
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.
True investors like dips because they DCA with time and dips give them better prices for DCA. Who don't want to buy at cheaper price and get more bitcoin with same capital, even they are using DCA strategy, dips are big bonuses for investors.

You can use this website, with a DCA calculator tool, and you can try with DCA in years of bear market and years with bull market, to see different results.
https://dcabtc.com/

Quote
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?
Bitcoin continues to rise with or without Trump as a President of the USA. Every four years, Bitcoin has its full market cycle and price soars a lot with each market cycle, so who is President of the USA. does not constrain Bitcoin growth in a cycle starts with Bitcoin block subsidy halving.

History has its voice too.
https://casebitcoin.com/charts#roi_chart
member
Activity: 132
Merit: 50
November 17, 2024, 09:12:45 AM
#1
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
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