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Topic: The best time to buy bitcoin. (Read 1041 times)

sr. member
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August 02, 2023, 03:33:51 PM
If you talk about cycles, just try to calculate which year it will run? A price increase of course will occur after the Halving, but not really sure if it will find a new price, but what has happened is that a halving can bring a new direction to the bitcoin price and we can never refuse to that.
For me bitcoin is to escape inflation, or when the economy is bad like pandemics and wars. now might be a good time to buy bitcoins. So my principle is to believe in the future of bitcoin and this four year cycle is bound to repeat, as you said this cycle is unavoidable.

So I think moments like these will become stories for posterity in the future, and moments like these probably won't happen again in the future. and when else can you buy bitcoin at a low price like now. Therefore I always apply the DCA strategy and always avoid going all-in.

Quote
There are different formats and patterns for people investing in bitcoin, DCA and selling are two things that need to be strategically positioned, so that you are in the right conditions when buying or at the right time to sell.

If you intend to wait, the steps that must be taken are to be patient and if you want to invest large amounts now it is still possible to do it, because when the halving appears next year according to predictions for the current year, our profits will multiply many times from our initial capital. Estimates, formulas and research are urgently needed so that there is a level of accuracy that can lead us to the perfection of investments and decisions made based on these three studies.
Yes, the right step in investing is patience. As an investor, you must be able to control yourself to be able to hold bitcoin in the long term, especially with the upcoming halving moment. But you still have to remember, never spend all your money to buy bitcoins if you really want to buy bitcoins in large quantities. Save an emergency fund for at least the next eight months and money for primary needs. That's the most important thing. If you already feel free, no problem. But if our finances are still unstable, don't be forced to invest in bitcoin on a large scale just because the halving cycle is getting closer.
sr. member
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August 02, 2023, 12:22:23 PM
In my opinion, Bitcoin should be bought when the price of Bitcoin is dumping. That means you should buy bitcoin before the bitcoin pumps. After dumping the price of Bitcoin, when pumping started, its value went up a lot. You should also buy Bitcoin right now. because  Many Bitcoin experts believe that the price of Bitcoin will exceed 100k in 2025. And currently bitcoin price is above 30k. In other words, within a few days, the price of Bitcoin will start pumping. If you can buy Bitcoin now, you can profit much more in the future. And according to me this is good and right time to buy Bitcoin.
It is okay to buy bitcoins when the price of bitcoins is dumping but you have to be aware that there are times when the market goes to the highest level, when there is no opportunity to buy bitcoins. In that case, we have to follow how market analysis will understand when the Bitcoin market will determine what kind of direction. We know that the value of Bitcoin had a huge increase and its price was at its highest. Accordingly if we invest in Bitcoin then it will surely give us profit in future. Right now the price of bitcoin is in dumping condition so we can buy and hold bitcoins it will be good for us. And if bitcoin is bought and invested now and held for a long time then it will be our asset in the future and we can earn good profits from it.
legendary
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July 16, 2023, 02:48:53 PM
I don't think there's this particular time one must ensure he buys bitcoin or invest on it than whenever he thinks being fully ready to take the risk abd having the quality understanding of bitcoin, but before this, every potential bitcoin buyer or investors must define his purpose for choosing bitcoin, this will help to be able to channel the rightful application of their assets holdings and the duration they may take to make thier investment plan comes a reality, one must know if they wanted to invest just to secure their asset against inflation and retain it's value, trading or holding for a long time investment.
It’s interesting how you get to put all that together and have just one full stop [.] to it. You might want to check on that, it would make your writing more appreciated and projects your idea or message better.

What i find impressing is that, you’ve got a good idea towards the managing bitcoin investment. It’s not something you’ve got to tie down with a time, it’s got a best time but, nothing particulate about it. You try to tie it with a time, you might end up procrastinating and missing an opportunity that won’t come banging again.

It’s always better to DCA with a better hodling plan. Long term hodlings has a way to counter whatever price you might have bought on.
hero member
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July 16, 2023, 11:03:09 AM
In my opinion, Bitcoin should be bought when the price of Bitcoin is dumping. That means you should buy bitcoin before the bitcoin pumps. After dumping the price of Bitcoin, when pumping started, its value went up a lot. You should also buy Bitcoin right now. because  Many Bitcoin experts believe that the price of Bitcoin will exceed 100k in 2025. And currently bitcoin price is above 30k. In other words, within a few days, the price of Bitcoin will start pumping. If you can buy Bitcoin now, you can profit much more in the future. And according to me this is good and right time to buy Bitcoin.

Bitcoin price will always move. many have suggested as you said. buy when it dumps and sell it when it pumps. that sounds so easy to do.
buying Bitcoin for investment must also be balanced with the ability to hold it. because we will never know when the pump moment will come. maybe some people speculate like you said, but the truth is no one will really know how long we have to hold our Bitcoins to reach the target.

we can see that Bitcoin currently tends to be more stable at a price of $30,000, even though we see the price dumps and pumps occur but there are always price adjustments around $30,000. we never really know how long the situation will last. and this is what is difficult from long term investment. many beginners fail because they are not wrong when entering but fail when maintaining patience.
hero member
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July 16, 2023, 09:53:09 AM
Thankyou for your opinion. I also think bitcoin investment is safe. I think if anyone invest on Bitcoin he well be must profitable today or tomorrow. There has no risk in Bitcoin investment, if market go your Against you have to hold only need wait. After some time it will go up. Because bitcoin is now very popular. Anyone can invest here gradually by DCA. When bitcoin price will down then you but if price go more down you should buy again. Then loss will be reduce and when bitcoin price will pump then you will be profited huge there has no doubt.
How can you determine whether bitcoin investment will be profitable today or tomorrow? Isn't bitcoin for the long term? Then you are wrong in interpreting it because you say in bitcoin there is no risk then why do many people say investing in bitcoin must be with cold money and ready to lose?
The price of bitcoin is volatile whenever the price can go down and up and by having high volatility, you must understand that bitcoin is not one of the investments that is not risky but many people already know that bitcoin has the potential to rise again after a decline but for fixed risk it must be a vigilance and must be ready for everything if the market becomes crash and bearish.
full member
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July 16, 2023, 06:37:05 AM
Thankyou for your opinion. I also think bitcoin investment is safe. I think if anyone invest on Bitcoin he well be must profitable today or tomorrow. There has no risk in Bitcoin investment, if market go your Against you have to hold only need wait. After some time it will go up. Because bitcoin is now very popular. Anyone can invest here gradually by DCA. When bitcoin price will down then you but if price go more down you should buy again. Then loss will be reduce and when bitcoin price will pump then you will be profited huge there has no doubt.

We are seeing many big big investor coming in this cryptocurrency market and they are investing on bitcoin. And It's usability also increasing so bitcoin price will go up i believe it. And now bitcoin price is very low. If anyone invest now he will be profited within short time. And i think it is best time to buy Bitcoin.
full member
Activity: 532
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July 16, 2023, 05:57:14 AM
In my opinion, Bitcoin should be bought when the price of Bitcoin is dumping. That means you should buy bitcoin before the bitcoin pumps. After dumping the price of Bitcoin, when pumping started, its value went up a lot. You should also buy Bitcoin right now. because  Many Bitcoin experts believe that the price of Bitcoin will exceed 100k in 2025. And currently bitcoin price is above 30k. In other words, within a few days, the price of Bitcoin will start pumping. If you can buy Bitcoin now, you can profit much more in the future. And according to me this is good and right time to buy Bitcoin.
hero member
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April 30, 2023, 05:53:18 PM
It seems to me that the best time to buy bitcoin is long gone. At least, buying now is a dubious idea, because the situation with bitcoin changes quite often and often - not for the better.
Yeah, that can be said as the best since those were the days when it's totally cheap and no longer today.

While the price seems to be quite higher than last bear markets, we may see this history in the future that it was also a price that we'll take about how cheap it was just as how we're discussing the past years where bitcoin was also cheap.

And also a factor of when is the best time to buy is when someone is ready and has money ready to be forgotten inside this market if decided to be a holder.
sr. member
Activity: 1918
Merit: 370
April 30, 2023, 04:38:07 PM
I don't think there's this particular time one must ensure he buys bitcoin or invest on it than whenever he thinks being fully ready to take the risk abd having the quality understanding of bitcoin, but before this, every potential bitcoin buyer or investors must define his purpose for choosing bitcoin, this will help to be able to channel the rightful application of their assets holdings and the duration they may take to make thier investment plan comes a reality, one must know if they wanted to invest just to secure their asset against inflation and retain it's value, trading or holding for a long time investment.
what you say is true, anyone who is going to buy Bitcoin of course has to make their goal. sometimes those who trade daily don't really think about the right time to buy. and some Bitcoin investors also buy gradually, not even seeing market conditions that are pumping or dumping. some are just thinking of collecting more Bitcoins for a very long period of time. others sell them short for a profit.
anyone and anytime can buy Bitcoin. it all depends on the length of the market and the possible future of the asset.

Agreed with these, I always think that investing with bitcoin as a matter of long term is buying the coin in its market price or somewhat near to it. If you just buy in todays price, you can expect to have greater profit in the future since it is far below its all time high and we are all hopeful that it can go beyond that. Also, this is also applicable for those who just want to regularly invest a percentage of their salary to bitcoin, buying regardless of price might work. So, indeed, there is no perfect time to buy bitcoin, it is still a matter of personal assessment of the market so that you can decide for yourself when and what price is best to buy it.
sr. member
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April 27, 2023, 12:45:57 PM
Well I didn't mean to obstructs you on your opinion but if you ask me very well I will say bitcoin price doesn't have anything to do with the economy and inflation, as a matter of fact people trying to secure their investment and withdraw out their funds from banks to buy bitcoin because they believe with bitcoin their assets are secured and having control over it also protected. Looking at what happened to Silicon Valley Bank and Silvergate bank few months ago, I think that alone has also positioned and give rise to bitcoin price so I wonder why economy will affect bitcoin price while people are running to bitcoin to secure their money. In my Opinion I think it's working opposite, economy is going downhill while bitcoin is going up due to people running to save their money to prevent much inflation and cash depreciations.

So now is the right time to buy bitcoin because I never in a day have this feelings we could see bitcoin at 5k or 3k again.. that was back then and I could remembered lots of people using this same mentality of not the right time to buy or to wait little more before buying just watch out today such people don't know where to even hide their faces and they feels like to commit suicide due their inability to secure some portion of bitcoin for them selves and yet you still come here telling people not to buy at this point??

Well it's a free place where anyone would feels like posting whatever they think is good for them. Would you still compare last 7 years and today bitcoin price Do you know if people were doing the same thing you are did now, at the process of waiting for the price to drop it moves uncontrollably what would you do if I may ask?
sr. member
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April 27, 2023, 11:42:25 AM
I don't think there's this particular time one must ensure he buys bitcoin or invest on it than whenever he thinks being fully ready to take the risk abd having the quality understanding of bitcoin, but before this, every potential bitcoin buyer or investors must define his purpose for choosing bitcoin, this will help to be able to channel the rightful application of their assets holdings and the duration they may take to make thier investment plan comes a reality, one must know if they wanted to invest just to secure their asset against inflation and retain it's value, trading or holding for a long time investment.
what you say is true, anyone who is going to buy Bitcoin of course has to make their goal. sometimes those who trade daily don't really think about the right time to buy. and some Bitcoin investors also buy gradually, not even seeing market conditions that are pumping or dumping. some are just thinking of collecting more Bitcoins for a very long period of time. others sell them short for a profit.
anyone and anytime can buy Bitcoin. it all depends on the length of the market and the possible future of the asset.
sr. member
Activity: 672
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stead.builders
April 27, 2023, 11:34:52 AM
I don't think there's this particular time one must ensure he buys bitcoin or invest on it than whenever he thinks being fully ready to take the risk abd having the quality understanding of bitcoin, but before this, every potential bitcoin buyer or investors must define his purpose for choosing bitcoin, this will help to be able to channel the rightful application of their assets holdings and the duration they may take to make thier investment plan comes a reality, one must know if they wanted to invest just to secure their asset against inflation and retain it's value, trading or holding for a long time investment.
hero member
Activity: 1778
Merit: 746
April 27, 2023, 07:08:08 AM
So we can safely say that we will see a true bull run only when the economy will start recovering, but it can't happen until rates will start going down. That's why right now I think that we all should wait for the one single indicator: lowering of the rates. Bitcoin won't go up mediately, but it will mean that economy will start recovering => more money will go to the assets => and bitcoin and bonds will go up.
The only question is when will it happen? Well, if we look at how fast inflation is going down, I can assume that it will probably go down to the expected 3-4% in the Q4 of 2023. So I'm not expecting a bull run until 2024.
If you talk about cycles, just try to calculate which year it will run? A price increase of course will occur after the Halving, but not really sure if it will find a new price, but what has happened is that a halving can bring a new direction to the bitcoin price and we can never refuse to that.

But again, I don't want you all to be bearish on bitcoin or selling it. For most people, DCA is enough to survive this crypto winter, but if you want to invest a lot of money in bitcoin, then I think it's better to wait until the signal we talked about.
BTCBTCBTCBTC
There are different formats and patterns for people investing in bitcoin, DCA and selling are two things that need to be strategically positioned, so that you are in the right conditions when buying or at the right time to sell.

If you intend to wait, the steps that must be taken are to be patient and if you want to invest large amounts now it is still possible to do it, because when the halving appears next year according to predictions for the current year, our profits will multiply many times from our initial capital. Estimates, formulas and research are urgently needed so that there is a level of accuracy that can lead us to the perfection of investments and decisions made based on these three studies.
legendary
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April 27, 2023, 01:41:19 AM
It's all about the perception and how you look at bitcoin. If you think bitcoin is something that will be precious in future then you will buy all the time  when you have extra money and accumulate. But if you look only for profit margins then you will wait for good entry points. At the end it only is important how you look at BTC.
but its not easy to find the right time to buy bitcoins if you are only looking for short profits. However, these are times when the price of bitcoin is falling, and it is at this time that the doubts will be even greater. In addition, another consideration is, looking for short profits on bitcoin requires large capital to get large profits, which means it comes with big risks. The best fit in this case, buying bitcoins with the intention of holding it long term. that way, you can buy bitcoin any time, and it's the right time.
full member
Activity: 580
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April 26, 2023, 10:44:09 PM
It's all about the perception and how you look at bitcoin. If you think bitcoin is something that will be precious in future then you will buy all the time  when you have extra money and accumulate. But if you look only for profit margins then you will wait for good entry points. At the end it only is important how you look at BTC.
Accumulating more pieces of bitcoin will do no harm, Bitcoin is very prominent projects with promising future, so we shouldn't jeopardize about it's existence. I'm buying and holding for long-term frame, because I can afford to missed out when the bull season finally arrived. There's always good entries on bitcoin chart. Scalping is one of my favorite method and I've earned good profits from bitcoin this year. During the bear season, I short Bitcoin until it hits it's ATL price value which gave me double folds of my capital
full member
Activity: 1204
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April 26, 2023, 09:24:03 AM
It's all about the perception and how you look at bitcoin. If you think bitcoin is something that will be precious in future then you will buy all the time  when you have extra money and accumulate. But if you look only for profit margins then you will wait for good entry points. At the end it only is important how you look at BTC.
sr. member
Activity: 2002
Merit: 250
April 26, 2023, 04:26:06 AM
The present time is a good time to invest in Bitcoin as the price of Bitcoin is increasing steadily. Bitcoin price was very low in January and in February Bitcoin price was at 22K and now Bitcoin price is at 28K. Bitcoin price is seeing upward trend every month so according to Bitcoin and halving chart Bitcoin price is more likely to reach 100K in 2024. So it is better to invest in Bitcoin now without delay.
Yes despite that Bitcoin price is back up I don't think it's too late to buy,
as long as there is an opportunity to buy better take advantage of it because it will be profitable,
never hesitate to invest in Bitcoin because it is promising.
sr. member
Activity: 784
Merit: 372
April 26, 2023, 04:06:54 AM
The present time is a good time to invest in Bitcoin as the price of Bitcoin is increasing steadily. Bitcoin price was very low in January and in February Bitcoin price was at 22K and now Bitcoin price is at 28K. Bitcoin price is seeing upward trend every month so according to Bitcoin and halving chart Bitcoin price is more likely to reach 100K in 2024. So it is better to invest in Bitcoin now without delay.
legendary
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April 25, 2023, 04:55:13 PM
I just landed on this thread because a user wanted a post review.
I am wondering if in these 7 pages of posts has anyone already said:

Quote
"The best moment to buy Bitcoin was 10 years ago.
The second best moment to buy bitcoin is today".


We are not late, guys.
When Bitcoin hits 1 million, buying at 0.028 or 0.025 will be irrelevant.
full member
Activity: 588
Merit: 223
April 16, 2023, 08:42:09 PM
For most people, DCA is enough to survive this crypto winter, but if you want to invest a lot of money in bitcoin, then I think it's better to wait until the signal we talked about.
BTCBTCBTCBTC
Many people buy Bitcoin out of greed and expect big profits in a short time. This is due to the fact that the crypto market can experience large price fluctuations in a short period of time. However, it is important to remember that Bitcoin is not an investment instrument that guarantees large profits in a short time.

If you are a long term investor, time is not of the essence as the price of Bitcoin tends to increase in the long term. Agree with your statement analyzing the market or waiting for a signal can help you determine the right time to buy Bitcoin and get the best profit.

Even though DCA and HODL are what most people suggest but I think this DCA is always a good investment strategy to buy and hold Bitcoin in the long term. With DCA, you regularly buy the same amount of Bitcoin over a certain period of time, thereby obtaining a lower average purchase price and reducing risk. With HODL, you hold Bitcoin for the long term and are not affected by day-to-day price fluctuations.

When buying Bitcoin, be sure to do your research first and not put all your money in one price point. Separate your purchases at different price points and make sure that you understand the risks involved in investing in crypto. (I always remember about risks because people sometimes get carried away by the huge profit potential of investing in Bitcoin and other cryptos, and forget about the risks associated with these investments)
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