The best time to buy bitcoin. - page 3.

GxSTxV

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Quote from: crypticj on February 03, 2023, 08:39:39 PM

The only question is when will it happen?

Nobody knows for sure! If someone could accurately predict market trends like this and on your way then i think Bernard Arnault would lose the spot as the richest person in the world and retreat tothe second place. The fact is that many people thought Bitcoin wouldn't surpas $25k in 2023 and would remain in a bearish trend but as we can see from the chart and current price now that prediction was wrong and against expectations.
While I may not necessarily agree with your perspective, I do understand the importance of analyzing the market and considering different viewpoints. If you believe that Bitcoin will continue to rise then it makes sense for you to work with what you believe. Personally I try to save Bitcoin whenever I can.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Japinat on March 12, 2023, 08:35:30 AM

I guess Bitcoin has already hit its floor, which means we might see a stable price from here onwards. Honestly, I believe that $20k is still a fair price to buy. It's a very cheap price compared to its all-time high. Based on the price trends, when a bull market comes, a new all-time high (ATH) is created. So, if the price is currently at $20k, it might likely increase to at least 5 times that amount, which means a good profit opportunity.

It is crossing 28k USD soon and hence if you bought at 20k bottom you did a good job, if you did not, then better luck next time. Tongue

Like I always say, there is not best time for buying, but whatever is going down should be bought at intervals and not just watched to fall. These chances are few and should be seized without fail.

All time high is far from here, so one should continue to accumulate and keep selling out of the question. When the prices reach highs again we can think of selling, unless you are in some emergency.

LUCKMCFLY

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Quote from: slashz9 on March 04, 2023, 04:41:07 PM

my plan is to buy in the deep, which is maybe down in the end of the year, then i can accumulate buy from that.
then you just to wait reach ath in 2024 and more gain from 2025, but sometime, it will not repeat as many people say, history will repeat it self.

That plan is not bad, although I really think that bitocin is going to rise here and there will be a new ATH in 2024, 2025 maybe too, but it is more feasible in 2024, taking into consideration all the fundamentals that exist, it can be predicted that there are many things to take into account, the war with Russia and Ukraine is something that is coming, and there is the long-term war, and that is something that produces uncertainty for investors, it is difficult for them to decide to invest a lot of money , just as we think, however the last atj was $70k, the next ATH may reach $200k and I am exaggerating, it is very possible that it will happen.

Unknown Op

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Quote from: slashz9 on March 04, 2023, 04:41:07 PM

my plan is to buy in the deep, which is maybe down in the end of the year, then i can accumulate buy from that.
then you just to wait reach ath in 2024 and more gain from 2025, but sometime, it will not repeat as many people say, history will repeat it self.

It's important to remember that investing in the stock market comes with inherent risks, and trying to time the market can be a risky strategy. While buying on a dip can potentially result in buying a stock at a lower price, there is no guarantee that the market will reach its all-time high in a given time frame. It is also important to keep in mind that past performance is not necessarily indicative of future results. While historical trends and patterns can provide insight into market behavior, there are always unpredictable factors that can affect the market.
Ultimately, the best investment strategy is one that fits your individual financial goals, risk tolerance, and time horizon. Diversification and a long-term perspective are often considered key components of a successful investment strategy. It's also a good idea to consult with a financial advisor or professional to make sure your investment plan fits your goals and circumstances.

Japinat

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Quote from: Ben Barubal on March 07, 2023, 10:09:20 AM

If there is a good opportunity to buy bitcoin, well if you look at its value now you can say that we should take advantage to buy now before everyone is caught and we will regret it in the end then just hold.

And If I had enough money to buy bitcoin, I would really buy a lot of it, so of course you should only buy the amount you can afford, don't use the budget for your family, you will use it just to buy bitcoin of course not like that.

I guess Bitcoin has already hit its floor, which means we might see a stable price from here onwards. Honestly, I believe that $20k is still a fair price to buy. It's a very cheap price compared to its all-time high. Based on the price trends, when a bull market comes, a new all-time high (ATH) is created. So, if the price is currently at $20k, it might likely increase to at least 5 times that amount, which means a good profit opportunity.

aghedo1

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As one influential market trader once said "be greedy when others are fearful, and be fearful when others are greedy". Since most persons lose money when they speculate on very volatile assets, it is sometimes much more profitable to hold a contrarian view when it comes to buying any asset

leonair

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Quote from: worle1bm on February 04, 2023, 12:07:56 AM

See if you are planning to hold it for long term then every time is best time to invest in Bitcoin as growth chances are high giving you profits in the long term period but if you are looking it for trading purpose then you need to have all the trading knowledge and guidance for it but for me just hold it for say 4-5 years with DCA also if you can and this time will be also best.

Right your are. investing in bitcoin doesn’t require any specific time. Investing in Bitcoin is always good. But everyone needs patience because without patience no one will ever be able to hold Bitcoin for long time. And without long term hold no one can get good profit from crypto be it bitcoin or any other coins. No matter how big the Bitcoin price correction is, it creates a new ATH again. We saw ATH of 2017 and after that btc came down to 3.2K but again it made ATH at 68K. Bitcoin is currently at 20k but it will make a new ATH again maybe around 100k. So it is a high opportunity for everyone to buy and hold Bitcoin. and it is always better to invest in Bitcoin on dip

Inwestour

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Quote from: irhact on March 12, 2023, 03:27:02 AM

Whenever you feel like buying Bitcoin just buy and hold, you shouldn't be investing in Bitcoin for the future and not because you want to get rich in the next week or month. Bitcoin investing should be done because you want to have a sure source of wealth in the next 5, 10 or 50 years to come. Bitcoin is profitable when the investment are long term and not short term.

As a investor you shouldn't be bothered much about the daily price movements of Bitcoin. If you pay attention to the market too much you will be very discourage as the market will always look like it's about to dump. Just buy whenever you have the money available and take your mind off the market.

Yes, but there are times when it is better to buy, and there are periods when it is better to refrain from buying. Will you buy bitcoin when we get close to ATH again?

I don't think it would be the best decision, but buying now is a very good time, as long as we're near the bottom, it's always a good time to buy. No one knows how long we will be in this zone and whether the fall will continue, but even if it continues, it will only be more profitable to buy.

irhact

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Quote from: Bushdark on February 07, 2023, 06:55:44 PM

There is no best time to buy and accumulate Bitcoin because you might be waiting for the market to balance or come down and not knowing that the market price is heading to a bullish trend.

Whenever you feel like buying Bitcoin just buy and hold, you shouldn't be investing in Bitcoin for the future and not because you want to get rich in the next week or month. Bitcoin investing should be done because you want to have a sure source of wealth in the next 5, 10 or 50 years to come. Bitcoin is profitable when the investment are long term and not short term.

As a investor you shouldn't be bothered much about the daily price movements of Bitcoin. If you pay attention to the market too much you will be very discourage as the market will always look like it's about to dump. Just buy whenever you have the money available and take your mind off the market.

LUCKMCFLY

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Quote from: lixer on March 01, 2023, 10:30:16 AM

Quote from: Marvell1 on February 27, 2023, 03:40:13 AM

buying bitcoin at too high a price will not bring great profit, and your holding period will last longer than others. I think the perfect time to buy bitcoin is when we're in bear season, such as now is a great time to buy bitcoin, as long as the price is still below the old ATH, then it is always time to buy it. But when entering the bull season and bitcoin surpasses the old ATH, it is not a good idea to buy bitcoin, wait for bitcoin to correct for a good price.

As long as you can be able to HODL it for the long term, why not? You can always buy even at $500k per BTC and sell it when it hit $600k to earn a $100k profit. We should not ever compare ourselves with others. Just let them sold their coins early but I doubt they are earning nicely if they do that. Only those who have the patience to hold a little longer are the ones who can earn massive profits here in Bitcoin.

The bear season is now ending and many are actually attracted to buy a Bitcoin this time. These people didn't buy at the actual bear market because they are scared that the price will fall more and they are also lazy to HODL it for a much longer time.

I have always said that if a person can buy bitcoin right now it is the best investment of their life, and few people believe that, it doesn't matter that bitcoin is at $20k-$23k-$25k, why? because it is at a lower price than its last ATH, and that is already a smart purchase, of course the volatility has been going on for a long time, it can lower the price of BTC but still the person has to have his conviction that it is the investment of the future, I am sure that the next ath will be around $150k and it is not an exaggeration, but it can go from there, bitcoin ATHs are always very good.

Rockson1

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It was two weeks ago I invested into bitcoin an that was my first time in investing I want to know was that time a good one, and which wallet's is the best to save our coins as a beginner I want to know.

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Quote from: JooBra on March 07, 2023, 10:46:07 AM

There is no such thing as best time. I'm more by saying best way to buy BTC. I think separating small amount every month to invest in BTC is best thing you can do.

The best time is when you want to buy it, that's the best time for you and anyone else.
But about the best way, I think you should consider a strategy to do it. Analysis is needed at this point, then you will definitely know when to buy.

One of the best known strategies is buy on dip, it seems to help traders or investors to accumulate bitcoins at lower prices. This is just one buy strategy, but of course there are many others to try but you probably already know them.

Bitcoin_people

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Investing in Bitcoin in this bear market will yield good profits. The current position of the market suggests that the market is down for a short period of time. But later on, the Bitcoin market will grow again like a bull market. So investing in Bitcoin now is risk free and buy and hold Bitcoin for long term. If you buy and hold bitcoin right now, you will see the value of bitcoin increase in 2024.

JooBra

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There is no such thing as best time. I'm more by saying best way to buy BTC. I think separating small amount every month to invest in BTC is best thing you can do.

naikturun

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in my opinion the best time to buy now is when it's early 2024 or the end of this year but maybe some people have their own thoughts, this is just my prediction but other factors may also influence bitcoin price like world economy, fed rates and others.

Rabata

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Naturally, when a buyer makes a decision to purchase Bitcoin, that is the right time for him. Because Bitcoin has gained worldwide acceptance. People's interest in it is increasing tremendously. Since it is volatile, investing by understanding its ups and downs can be very profitable. As such, the current price of Bitcoin is $22300. This period can be called a dip price for Bitcoin because the market will turn bullish again any time. Then there may be no buying opportunity for some investors from this dip. So it is the proper time to invest in Bitcoin.

Ben Barubal

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If there is a good opportunity to buy bitcoin, well if you look at its value now you can say that we should take advantage to buy now before everyone is caught and we will regret it in the end then just hold.

And If I had enough money to buy bitcoin, I would really buy a lot of it, so of course you should only buy the amount you can afford, don't use the budget for your family, you will use it just to buy bitcoin of course not like that.

Bhig Daddy

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Although there is no direct correlation between them, you may draw the generalization that when equities, bonds, or commodities decline, it indicates the existence of a backdrop negative event, and thus bitcoin will also decline. If the same group of investors is getting in on each of these assets, it can appear that bitcoin is following them since short sellers will sell on the dump to buy back at cheaper prices.
There isn't really a "optimal" moment to buy bitcoin, although one should do so when the price is low rather than waiting it out. Although the market is currently in an uptrend, the best moment to invest was while the bear market was in full swing.

slashz9

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my plan is to buy in the deep, which is maybe down in the end of the year, then i can accumulate buy from that.
then you just to wait reach ath in 2024 and more gain from 2025, but sometime, it will not repeat as many people say, history will repeat it self.

lixer

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Quote from: Marvell1 on February 27, 2023, 03:40:13 AM

buying bitcoin at too high a price will not bring great profit, and your holding period will last longer than others. I think the perfect time to buy bitcoin is when we're in bear season, such as now is a great time to buy bitcoin, as long as the price is still below the old ATH, then it is always time to buy it. But when entering the bull season and bitcoin surpasses the old ATH, it is not a good idea to buy bitcoin, wait for bitcoin to correct for a good price.

As long as you can be able to HODL it for the long term, why not? You can always buy even at $500k per BTC and sell it when it hit $600k to earn a $100k profit. We should not ever compare ourselves with others. Just let them sold their coins early but I doubt they are earning nicely if they do that. Only those who have the patience to hold a little longer are the ones who can earn massive profits here in Bitcoin.

The bear season is now ending and many are actually attracted to buy a Bitcoin this time. These people didn't buy at the actual bear market because they are scared that the price will fall more and they are also lazy to HODL it for a much longer time.

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