Now time to buy Bitcoin ! | Bitcointalksearch.org

Olatundespo

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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.

Olatundespo

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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.

Shishir99

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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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Quote from: Shishir99 on November 19, 2024, 03:42:58 AM

Quote from: laijsica on November 18, 2024, 12:30:58 AM

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.

I don't want to start an argument with you. You can create a thread and create a poll and see what other people think about unpopular opinions. I don't think this is the right time to buy Bitcoin. But, I would say this is the right time to sell if someone is in profit. If someone does DCA, then the whole year is the right time to buy Bitcoin. Yet, people consider the market situation. When the market is low, people buy more to get cheaper Bitcoin. But if the market is high, they buy less. This is a tactic. You don't have to agree with me. You have shared your opinion from whatever you understand and I've shared mine.

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.

But for other people say that its time to buy then its fine since for sure that they are doing long term investment and have patience to wait for another good craze to happen in future. There's nothing wrong with both decision as long as the person doing each strategy they think good for them know the consequences of what they do and don't have regretful feeling when certain unexpected event came.

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

... 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.

We're in an uptrend and as such, anytime is a good time to buy. Just plot your entry and then find a nice place to trigger it. Your post came close to two weeks (11 days, actually) after the US presidential election. Those who were brave already took their positions and bought in and are in profit now. It's not as if those buying now won't be in profit moments from now, if all things continue to go according to plan but they won't be in a comfortable place like those who bought before the take off from $68k+, price range the eve of the election.

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Quote from: Cryptmuster on November 19, 2024, 05:01:50 AM

Quote from: tabas on November 18, 2024, 03:17:23 PM

That's a good encouraging X account there. With the first tweet, it is said that this might be the last time we will Bitcoin under $100k. I hope that he's right so that everyone who doesn't buy from now on will have another regret in their lives that they should have just bought when it's still under $100k. At some thought, once this bull run ends, we might see another newer low for the upcoming years but that's to be decided and we have to focus looking at this run first before moving to the next set of this market for which will take maybe a year or lesser.

I hear something similar every bull run, you need to buy now because it will be too late and there will be no such good price again, but you need to remember that bitcoin moves cyclically, and every time after a bull run there were protracted bear markets, when the price of bitcoin fell for several years in a row.

That is true and that's why I think those who are considering the price of Bitcoin now as something expensive already, have the next cycle to prepare but it will take them 2 or more years. We're on a month and half for this year to end and next year is likely when the peak will be seen and the end of year might be the end of the bull run. So, they have all of the upcoming years to prepare for the next cycle.

Quote from: Cryptmuster on November 19, 2024, 05:01:50 AM

Maybe this time something will change and we will no longer see such protracted and significant falls as it was before, but it is worth remembering how it was and not excluding the possibility that it can happen again. Maybe this time the approval of bitcoin ETF will play a role, or the fact that Trump will give bitcoin the status of a reserve asset for the United States, for now it is difficult for me to say how it will be, and the only thing I know is that after every bull market there was a bear market.

Possible and another thing every cycle is that, it's changing and different from the past ones. So, if that continues to go with the pattern then who knows if this upcoming bull might be different. The last 2022 bear market wasn't the same as the 2018 when everything has been so cheap and discouraging.

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Quote from: tabas on November 18, 2024, 03:17:23 PM

That's a good encouraging X account there. With the first tweet, it is said that this might be the last time we will Bitcoin under $100k. I hope that he's right so that everyone who doesn't buy from now on will have another regret in their lives that they should have just bought when it's still under $100k. At some thought, once this bull run ends, we might see another newer low for the upcoming years but that's to be decided and we have to focus looking at this run first before moving to the next set of this market for which will take maybe a year or lesser.

I hear something similar every bull run, you need to buy now because it will be too late and there will be no such good price again, but you need to remember that bitcoin moves cyclically, and every time after a bull run there were protracted bear markets, when the price of bitcoin fell for several years in a row.

Maybe this time something will change and we will no longer see such protracted and significant falls as it was before, but it is worth remembering how it was and not excluding the possibility that it can happen again. Maybe this time the approval of bitcoin ETF will play a role, or the fact that Trump will give bitcoin the status of a reserve asset for the United States, for now it is difficult for me to say how it will be, and the only thing I know is that after every bull market there was a bear market.

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Quote from: laijsica on November 18, 2024, 12:30:58 AM

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.

I don't want to start an argument with you. You can create a thread and create a poll and see what other people think about unpopular opinions. I don't think this is the right time to buy Bitcoin. But, I would say this is the right time to sell if someone is in profit. If someone does DCA, then the whole year is the right time to buy Bitcoin. Yet, people consider the market situation. When the market is low, people buy more to get cheaper Bitcoin. But if the market is high, they buy less. This is a tactic. You don't have to agree with me. You have shared your opinion from whatever you understand and I've shared mine.

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That's a good encouraging X account there. With the first tweet, it is said that this might be the last time we will Bitcoin under $100k. I hope that he's right so that everyone who doesn't buy from now on will have another regret in their lives that they should have just bought when it's still under $100k. At some thought, once this bull run ends, we might see another newer low for the upcoming years but that's to be decided and we have to focus looking at this run first before moving to the next set of this market for which will take maybe a year or lesser.

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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?

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

I must say with all Humanity that Trump's winning has set a great records toward the bitcoin history and it can never be easily eliminated so easily due to the uncontrollable price surge over the weeks of his winning.
Although i know this is just beginning of the price and of course there is every possibility that 100k is not the last bus stop for the price, like as people has been predicted that it would definitely touched 250k to 300k immediately he is sworn in as the president.

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Despite of the current bullish season for bitcoin, the fact remains that there are still chances for bitcoin to suddenly drop its price because of the different factors that could easily drag the price down. So I’m not completely convinced that what we have right now could be the last dips for bitcoin. Bitcoin is volatile and unpredictable, it could be high today but it could be instant low the next day. Just wait for a lower price before buying bitcoin, so you can maximize your purchase and at the same time, you can also avoid some losses especially if you are planning for short term hodling only.

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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? Before Trump even started his campaign, many people, including myself, predicted Bitcoin would reach a new ATH of $100k. Some people were even more bullish than others and said $150k to $200k. I can even remember arguing with an article posted here that said Bitcoin would reach $500k next year if I remember correctly.
So why all of a sudden, why do we want to act like Trump's win at the polls is the sole reason for bitcoin's growth and act like he's the new messiah of bitcoin after the creator? I understand that it may have fast tracked the growth in price, but lets not overestimate his importance to Bitcoin.

Every time is a time to buy bitcoin, but I believe when the price is lower is should be a more ideal time don't you think? I mean, if profit I what you're after why not buy it when its 20 to 30k than now that its 91k?

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This is not just the best time to buy bitcoins. But we cannot stop anyone who is ready and willing to take the risk from buying bitcoins. Those who wish to invest in bitcoin have just two options; to either invest using the DCA method or wait for temporary pullbacks to buy immediately. They can still combine the two approaches where they start with the DCA method and buy huge bitcoins once that price dips. All these is to ensure that the investor does not invest large sum of money at once now that no one can really tell what Trump has in mind to do concerning cryptocurrencies. No newbie should take advice from those telling them to buy lump sum at this current rate whether they will be hodling for long or not, this might end up being one decision they'd wish they didn't take.

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Obviously, it is not a good time to buy Bitcoin overall since the market price has already skyrocketed to the top so if you're going to buy Bitcoin right, it is probably your going to get crashed by the investors that buy down when the market price is lower, but I guess it wouldn't really matter since where probably going to inter on 100k$ market price which is thought is going to be its sustaining market price, the market could easily hit up to 120k$ in my opinion and if it continue to pass that market price, there we might go to the point where we might not see Bitcoin at 100k$ lower, so probably continuing to DCA is going to be a good idea, but still buying early when the price is even lower is going to be even more rewarding.

I mean when it's Bullrun you could probably make a better play on altcoin right now since the profit could easily be higher, especially if you don't really have a huge amount of holding in cryptocurrency.

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Quote from: Mayor of ogba on November 18, 2024, 10:05:43 AM

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

Since no man or woman can predict the price of bitcoin, there's no better time to start a bitcoin investment than to start it when your discretionary income is readily available and you use it and accumulate bitcoin right away. And stop spreading panic before you will make newbies accumulate bitcoin in such a way they can't sort out their daily expenses, which might get them off the game, partially or permanently. Even though bitcoin is high now, anyone who starts to accumulate bitcoin now and holds it for 4-10 years or more will be in profit anytime he decides to sell his bitcoin because bitcoin will keep increasing in prices.

There can never be a "perfect" time to invest in Bitcoin or the cryptocurrency market, and if an investor wants to invest in Bitcoin for a long-term holding, he can start investing at any time. Because taking a long-term view is the only way investors can benefit from investing in Bitcoin now. As far as I know Bitcoin is an asset that keeps on increasing in value in the long term despite high dumping in the short term. So by investing in Bitcoin cautiously and with a long-term holding perspective, an investor can easily stay invested despite high volatility And can be profitable.

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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

Almost every Bitcoin enthusiast is having this same high anticipations because they saw the support and adoption trump did showed towards Bitcoin during his election period so getting into office the expectations are going to be on him to get Bitcoin some favourable policies like expected and that will automatically get the price of Bitcoin going all the way up but now it can still get to $100k and thereafter except something higher.

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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

Since no man or woman can predict the price of bitcoin, there's no better time to start a bitcoin investment than to start it when your discretionary income is readily available and you use it and accumulate bitcoin right away. And stop spreading panic before you will make newbies accumulate bitcoin in such a way they can't sort out their daily expenses, which might get them off the game, partially or permanently. Even though bitcoin is high now, anyone who starts to accumulate bitcoin now and holds it for 4-10 years or more will be in profit anytime he decides to sell his bitcoin because bitcoin will keep increasing in prices.

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This kind of thing will definitely happen often, Bitcoin is increasing more reported everywhere and it will be fomo again and again, and now with very broad media openness and then Bitcoin is supported by many parties will increasingly attract attention if Bitcoin continues experienced an increase and ITTU will cause a massive fomo in the cycle this time, while we who already exist in this forum who collect bitcoin for a long time from the lowest price in the 2022 cycle is looking at the growth of the portfolio and some people here may have taken advantage , but out there people are collecting Bitcoin,

The term that has always been a benchmark in investing in bitcoin for me is "Don't want to be a dishwasher after the party ends".

Abbatty

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Quote from: Xylber on November 18, 2024, 03:30:28 AM

It is always good to buy BTC, the bull run just has started.

And even if this is the ATH an it goes back to 20k, you'll recover your investment in 5 years anyway.

You have been on the forum long enough so i expected better from you, newbies are everywhere so don’t give them a wrong impression, they might not be as strong as you when they invest at a higher price, when they experience a dip they might panic and sell resulting in losses in their investment.

The idea of holding for a long term is the best but that doesn’t mean you should go in wrecklessly without proper planning and timing. The price is currently high and the plan to always invest at a lower price regardless of how long you intend to hold unless when adopting the DCA strategy that balances everything. Do not invest as a result of FOMO it doesn’t usually end well.

Wonder Work

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Memory of o_e_l_e_o

Quote from: Shishir99 on November 17, 2024, 10:59:58 PM

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.

Yeah bro, it is okay, this prediction cannot be confirmed in any way, but we can make an idea by looking at the market situation and the reality situation. We made an idea like that and after looking at everyone's comments, we come up with an idea of what can or will happen, but we are not sure or we cannot say for sure whether it will happen or not. However, according to what Trump said before the election, it seems that he may do something good with Bitcoin. Let's see what he does in 2025 or what he can do to Bitcoin in the future. We will have to wait and see what they are actually going to do.

This is good news. If he promises to release Ross in 2025, maybe the market will go up a little. And if he is not released, then it can be expected that Bitcoin will do what it has done in the last four years.

Xylber

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It is always good to buy BTC, the bull run just has started.

And even if this is the ATH an it goes back to 20k, you'll recover your investment in 5 years anyway.

?

Activity: -

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I know the $BTC is in the great growing trend!

As a beginner, what should I do?

So far, My friend has 5 Bitcoins. His digital assets are deposited on the Exworth Card.

He believeed that BTC will hit $100k, encouraging me to manage my coins well.

I don't have so many assets. What I know is the stablecoin, like USDT, USDC is in the growing trend too!

I'm quite interested about stablecoins. And I check the website he suggested: https://pro.exworth.io/

It was found that users don't need some trouble fees. Because there is "0 transaction fee" "0 issuing fee" "binding to mainstream wallets" etc.

I'm excited about this. My digital assets have the correct ways to go!

Are you interested? Please discuss with me.

cryptoaddictchie

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Fully Regulated Crypto Casino

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.

bitebits

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Flippin' burgers since 1163.

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

laijsica

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Quote from: Shishir99 on November 17, 2024, 10:59:58 PM

Quote from: Wonder Work on November 17, 2024, 02:00:54 PM

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.

pawanjain

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Nothing lasts forever

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

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.

Shishir99

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Quote from: Wonder Work on November 17, 2024, 02:00:54 PM

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.

michellee

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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.

OcTradism

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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/

Miles2006

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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.

adultcrypto

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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

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.

avp2306

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Quote from: Pi-network314159 on November 17, 2024, 04:29:27 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.

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.

Pi-network314159

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Enjoy 500% bonus + 70 FS

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

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.

EL MOHA

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Quote from: Wonder Work on November 17, 2024, 02:00:54 PM

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

Stalker22

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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.

Felicity_Tide

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cout << "Bitcoin";

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.

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?

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.

boyptc

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

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.

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

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.

letteredhub

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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?

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.

Wonder Work

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Quote from: Ruttoshi on November 17, 2024, 11:06:46 AM

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.

Obim34

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Quote from: ?? on ??

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.

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

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.

Akbarkoe

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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.

Ruttoshi

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Baba God Noni

Quote from: Saint-loup on November 17, 2024, 12:22:10 PM

Quote from: Ruttoshi on November 17, 2024, 11:06:46 AM

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.

Saint-loup

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Quote from: Ruttoshi on November 17, 2024, 11:06:46 AM

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.

Ambatman

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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.

Shishir99

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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.

Ruttoshi

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Baba God Noni

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 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.

Saint-loup

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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.

tbct_mt2

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

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

Olatundespo

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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

Topic: Now time to buy Bitcoin ! (Read 456 times)