The best time to buy bitcoin. - page 4.

Mahanton

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Quote from: Natalim on February 28, 2023, 04:40:03 PM

Quote from: South Park on February 28, 2023, 04:27:07 PM

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

But 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.

And regrettably that is the moment when many newbies decide to invest as they are victims of FOMO, they take a look at the profits other investors are making and they want the same for themselves, but they forget that those that obtain the most benefits out of bitcoin are the ones that are willing to take a risk and invest when bitcoin is going down and near its bottom, and when those newbies invest in the market it is too late and instead of getting the profits they were looking for they will lose money as it is way more likely for the price of bitcoin to begin to go down at that point.

Well, the truth is that not all investors who bought at a cheap price make money. Why? Because they also sell them when crises come and dump their Bitcoin because they are worried that it will collapse. Indeed, most of these new investors had come having no idea about crypto and about the risk they had to face entering the market because what they only had in their mind is earning a profit easily and quickly. Unfortunately, when the hard time comes they got panic and make the wrong decision.

Sooner or later you would really be able to realize on whats the real deal or whats the reality here on this market on which this doesnt really talk about easy money.The moving prices does really give out that whether it is really that giving profits or at the same time it could bring out losses basing up on where you have bought but if you do go for long term then buying anytime or whatever price it would be then it wont really be no
problem.Best time would be according into your preference whether you do go hold for long term or would go for short term. When dealing up with investment whether
it would be crypto or traditional investment then money and risk management is really that crucial.

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Quote from: South Park on February 28, 2023, 04:27:07 PM

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

But 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.

And regrettably that is the moment when many newbies decide to invest as they are victims of FOMO, they take a look at the profits other investors are making and they want the same for themselves, but they forget that those that obtain the most benefits out of bitcoin are the ones that are willing to take a risk and invest when bitcoin is going down and near its bottom, and when those newbies invest in the market it is too late and instead of getting the profits they were looking for they will lose money as it is way more likely for the price of bitcoin to begin to go down at that point.

Well, the truth is that not all investors who bought at a cheap price make money. Why? Because they also sell them when crises come and dump their Bitcoin because they are worried that it will collapse. Indeed, most of these new investors had come having no idea about crypto and about the risk they had to face entering the market because what they only had in their mind is earning a profit easily and quickly. Unfortunately, when the hard time comes they got panic and make the wrong decision.

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

But 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.

And regrettably that is the moment when many newbies decide to invest as they are victims of FOMO, they take a look at the profits other investors are making and they want the same for themselves, but they forget that those that obtain the most benefits out of bitcoin are the ones that are willing to take a risk and invest when bitcoin is going down and near its bottom, and when those newbies invest in the market it is too late and instead of getting the profits they were looking for they will lose money as it is way more likely for the price of bitcoin to begin to go down at that point.

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

But 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.

We must distinguish to buy bitcoin for long -term investment or short-term investment. Or maybe buy it for trade.
Those who trade and invest in the short -term can buy when the beginning of the bull season begins. follow the direction of the market and sell it in a short time. Of course, it won't think about big profits.
While those who invest in the long-term, of course, are waiting for the momentum of bears that disrupt the market. That way we can get a cheaper price. Because for a long time, we can make a better accumulation of profits.

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Quote from: Xampeuu on February 27, 2023, 03:25:39 AM

Quote from: Nrcewker on February 26, 2023, 11:22:43 AM

Quote from: rozak on February 05, 2023, 06:49:29 AM

I buy Bitcoin gradually when I have money and want to add to the Bitcoin that I have. I do hold Bitcoin for the long term, and I don't do much to set a buy price. when the price drops I will buy it. somehow I always think lightly when I want to invest in Bitcoin. I feel a different kind of pressure when I want to hold altcoins.

Bitcoins are best to be honest, when it comes to hold it for long term. Altcoins are less stable and have less marketcap than Bitcoins. So if you are thinking to hold it for long term, then Bitcoins will be the best. Moreover regarding the best time to buy Bitcoins, then let me tell you that there is no best time to buy the coin. Whenever you have enough money, buy the coin irrespective of it’s price. Bitcoins are way more valuable than what price it is now, so if you are able to buy the coins anywhere less than 30k usd then consider yourself lucky. Buy as many coins as you can and enjoy later.

as long as you have high patience and what is used is cold money, then I think whatever is a good time to buy bitcoin. especially if you buy it in stages if you have money, and buy it at $ 60k, then someday the price will exceed the last ath, and you can buy it back at the current price, so you don't have to worry if you have a different purchase price, of course if for the long term it is still very profitable, what mostly happens is that people want to get profits fast and big, so when bitcoin crashes they panic and end up losing

But 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.

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Quote from: Nrcewker on February 26, 2023, 11:22:43 AM

Quote from: rozak on February 05, 2023, 06:49:29 AM

I buy Bitcoin gradually when I have money and want to add to the Bitcoin that I have. I do hold Bitcoin for the long term, and I don't do much to set a buy price. when the price drops I will buy it. somehow I always think lightly when I want to invest in Bitcoin. I feel a different kind of pressure when I want to hold altcoins.

Bitcoins are best to be honest, when it comes to hold it for long term. Altcoins are less stable and have less marketcap than Bitcoins. So if you are thinking to hold it for long term, then Bitcoins will be the best. Moreover regarding the best time to buy Bitcoins, then let me tell you that there is no best time to buy the coin. Whenever you have enough money, buy the coin irrespective of it’s price. Bitcoins are way more valuable than what price it is now, so if you are able to buy the coins anywhere less than 30k usd then consider yourself lucky. Buy as many coins as you can and enjoy later.

as long as you have high patience and what is used is cold money, then I think whatever is a good time to buy bitcoin. especially if you buy it in stages if you have money, and buy it at $ 60k, then someday the price will exceed the last ath, and you can buy it back at the current price, so you don't have to worry if you have a different purchase price, of course if for the long term it is still very profitable, what mostly happens is that people want to get profits fast and big, so when bitcoin crashes they panic and end up losing

Nrcewker

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Quote from: rozak on February 05, 2023, 06:49:29 AM

I buy Bitcoin gradually when I have money and want to add to the Bitcoin that I have. I do hold Bitcoin for the long term, and I don't do much to set a buy price. when the price drops I will buy it. somehow I always think lightly when I want to invest in Bitcoin. I feel a different kind of pressure when I want to hold altcoins.

Bitcoins are best to be honest, when it comes to hold it for long term. Altcoins are less stable and have less marketcap than Bitcoins. So if you are thinking to hold it for long term, then Bitcoins will be the best. Moreover regarding the best time to buy Bitcoins, then let me tell you that there is no best time to buy the coin. Whenever you have enough money, buy the coin irrespective of it’s price. Bitcoins are way more valuable than what price it is now, so if you are able to buy the coins anywhere less than 30k usd then consider yourself lucky. Buy as many coins as you can and enjoy later.

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Quote from: Lucius on February 04, 2023, 11:07:37 AM

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

~snip~
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.

I would write it in a much simpler way, because regardless of inflation, stocks or even war, most people expect a new big bull run to happen after the next halving, which means in the second half of 2024 or during 2025.

The OP populated the whole write-up with elaborate story telling but ended saying what's on the lips of everyone on the contrary. But of course, I'm one of the few who believe that of a certainty we're most likely to experience another bull run in 2024, whether inflation or not. This is due to the Bitcoin halving expected in 2024. In fact, for me, I believe the bull momentum will commence from the last quarters of 2023 and spillover into 2024. It's not rocket science to know that. History is there to reference.

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Quote from: Tespata on February 26, 2023, 01:34:51 AM

We've been riding through bad markets for so long that it's hard to say with certainty when we'll get through this and come back to good times.The market is in a much better position now than it was a few days ago but the problem is that there is no complete confidence that the bad times are over or will come again Bitcoin being the king of all coins, it is highly predictable that it will bounce back, but when that time will come is not certain.Since Bitcoin is in a fairly stable position right now, I think now is a good time to buy Bitcoin Hence, if it is possible to buy Bitcoin at this period, it will be clear in a few days that a good profit has been made from this. if you can afford to do so and plan to hold them for the long term. Future profits will be good for you.

Investing has no specific time when to buy but it was suggested by most that buying Bitcoin during the market correction or bear season is the best. Yes, we can never pinpoint when this bear and market correction went over and we should never wait for it but rather this advantage of current situation while it was still there.

I don't see the perfect time to buy but what I just did is to accumulate Bitcoin when I have the money. Because investing can be happen anytime, we never lose even buying during the peak season unless we sell them when it dump.

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Quote from: tvplus006 on February 24, 2023, 05:32:54 PM

Quote from: death69 on February 20, 2023, 03:44:44 AM

...If you had invested $100 in Bitcoin every week for a year utilizing DCA, you'd be laughing all the way to the bank with almost 200% profit at current pricing...

The DCA strategy doesn't always work the way you write. And if you regularly invested $100 in BTC every week in the last year, then now you would not have a 200% profit, but a loss of 50%. Because the main rule in this case will be the same - do not buy on high.

It may not work the way we see it but if we are investing with aim of earning profits always then we are wrong but having long term profits in mind will benefit us.Those who are in loss at this time will gain profits when prices will boost so their holding will pay off at last.

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We've been riding through bad markets for so long that it's hard to say with certainty when we'll get through this and come back to good times.The market is in a much better position now than it was a few days ago but the problem is that there is no complete confidence that the bad times are over or will come again Bitcoin being the king of all coins, it is highly predictable that it will bounce back, but when that time will come is not certain.Since Bitcoin is in a fairly stable position right now, I think now is a good time to buy Bitcoin Hence, if it is possible to buy Bitcoin at this period, it will be clear in a few days that a good profit has been made from this. if you can afford to do so and plan to hold them for the long term. Future profits will be good for you.

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Quote from: sulendra12 on February 11, 2023, 03:20:57 PM

This is why we don't know what is the "bottom" of the price, people usually say buy at the bottom and sell at high price, but most of the people who suggested this doesn't know how to determine if the price reached the "bottom" phase or "top" and that's why you have to use strategies and indicators available so you can make sure what to do next. Or just do DCA and forget about the price after that wait for few more years for profit.

Right now if someone asks me if buying Bitcoin is a good investment I would say that it is the best investment of your life just by looking at the price it has now but knowing that its last ATH was almost $70K is only an indication for what will be the next ATH that will be much juicier, and if the person buys for less than $30k he would be making the investment of his life, because in my particular case I would only wait at least 8 years to then have a large amount of money in Bitcoin, because for me it will exceed $200k by that date, it is my assumption and I really do not think I am wrong in that sense, Bitcoin can always give us a good surprise.

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Quote from: tvplus006 on February 24, 2023, 05:32:54 PM

Quote from: death69 on February 20, 2023, 03:44:44 AM

...If you had invested $100 in Bitcoin every week for a year utilizing DCA, you'd be laughing all the way to the bank with almost 200% profit at current pricing...

The DCA strategy doesn't always work the way you write. And if you regularly invested $100 in BTC every week in the last year, then now you would not have a 200% profit, but a loss of 50%. Because the main rule in this case will be the same - do not buy on high.

This is what should people be aware that DCA doesnt guaranteed out on having that positive result most of the time because it would be basing up on what price you had accumulate or having those purchases but well if someone doesnt really care then its his decision because we know that there are people who do go for long term which means accumulating no matter on what would be the price
since they are really going after for the recovery and new ATH on bull run time.

If you are really that going for short term then you would really be that dead serious about your entry but if not then you wouldnt really be minding on what it would
be on where you do get in.

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Quote from: death69 on February 20, 2023, 03:44:44 AM

...If you had invested $100 in Bitcoin every week for a year utilizing DCA, you'd be laughing all the way to the bank with almost 200% profit at current pricing...

The DCA strategy doesn't always work the way you write. And if you regularly invested $100 in BTC every week in the last year, then now you would not have a 200% profit, but a loss of 50%. Because the main rule in this case will be the same - do not buy on high.

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Quote from: sulendra12 on February 11, 2023, 03:20:57 PM

This is why we don't know what is the "bottom" of the price, people usually say buy at the bottom and sell at high price, but most of the people who suggested this doesn't know how to determine if the price reached the "bottom" phase or "top" and that's why you have to use strategies and indicators available so you can make sure what to do next. Or just do DCA and forget about the price after that wait for few more years for profit.

The bottom is usually the lower price ranges which have been the points of turning around at any bear market. One can use indicators but they might not be indicative at all times. This needs practice and observations.

Don't be scared when the market falls below the bottom that you predicted. This is why we should have multiple buying points and not lose.

The cycling of the asset is important to keep the money in flow. But remember that spot trading is the safest among trading and that needs good record of past charts.

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Quote from: Rigon on February 19, 2023, 10:43:47 PM

Quote from: BITCOIN4X on February 11, 2023, 04:25:21 AM

The market has had swings during February, but I believe this is not bad sign for bitcoin as basically the price is just looking for new support before going high. I think correction is needed as that would only provide good opportunities to buy some, and now is the real time to take advantage. I'm trying to get some optimism about the February move, but some FUD have affected the interest of traders and investors I think.

The market started swinging higher since January. Bitcoin is currently in a February high swing. For many investors who have invested from $15,000 but are now profitable. Although we may not be able to use the dumping market, those who are mainly professional investors have used it. The market has come out of the dumping situation and now from the high level, joy has flowed in the mind of every investor.

Honestly, you do not even need to be a master in the crypto world or trading world to see that when it was dumping, it was the best time to buy. I have started buying as much as I can since 38k range, and from there to 15k I kept on buying whenever I got any money, and that was good because it stayed around and under 20k for a very long time, which allowed me to accumulate a lot.

People need to realize that bear markets are the perfect time to buy, because it means we are getting closer and closer to the bottom and eventually hitting it, "bottom" in that situation means as low as it will ever get, then what else is left? Only going higher would be left in that case.

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Quote from: South Park on February 19, 2023, 06:09:12 PM

Quote from: bounceback on February 17, 2023, 06:22:05 AM

Quote from: sulendra12 on February 11, 2023, 03:20:57 PM

This is why we don't know what is the "bottom" of the price, people usually say buy at the bottom and sell at high price, but most of the people who suggested this doesn't know how to determine if the price reached the "bottom" phase or "top" and that's why you have to use strategies and indicators available so you can make sure what to do next. Or just do DCA and forget about the price after that wait for few more years for profit.

Doing DCA when the market is in a bearish period is definitely one of the right choices for us because with this strategy we can take advantage of the momentum of every downside and it allows us to get cheaper prices when buying, everyone wants to buy when the price of one of the coins is at its lowest price but unfortunately so far no one can really predict exactly where the market will go so I agree that doing DCA is the right decision when we are in a bear market.

DCA is a compromise, the best strategy for investors would be to buy at the bottom and sell when the price is at its ATH, but since we cannot realistically know when those levels can be reached then one of the best strategies we can implement is to buy bitcoin at regular intervals, however despite how easy something like this may seem it can be quite hard as most people are not used to this kind of behavior and it may not seem to make sense at all when they hear for the first time about this strategy.

Cryptocurrency investing's complexity. It's complicated, requiring knowledge and comprehension that even the brightest may struggle with. DCA buys a set quantity of bitcoin at regular intervals regardless of market conditions. Doing so reduces the chance of buying at the peak and missing out on those sweet, sweet rewards. It softens bear markets. I've done that, and it's smart and helpful for crypto investing. It may not seem profitable at first, but it can lead to significant rewards over time. If you had invested $100 in Bitcoin every week for a year utilizing DCA, you'd be laughing all the way to the bank with almost 200% profit at current pricing. So, crypto aficionados, investigate, realize the risks, and try DCA. It could be your best decision ever.

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Quote from: BITCOIN4X on February 11, 2023, 04:25:21 AM

The market has had swings during February, but I believe this is not bad sign for bitcoin as basically the price is just looking for new support before going high. I think correction is needed as that would only provide good opportunities to buy some, and now is the real time to take advantage. I'm trying to get some optimism about the February move, but some FUD have affected the interest of traders and investors I think.

The market started swinging higher since January. Bitcoin is currently in a February high swing. For many investors who have invested from $15,000 but are now profitable. Although we may not be able to use the dumping market, those who are mainly professional investors have used it. The market has come out of the dumping situation and now from the high level, joy has flowed in the mind of every investor.

Quote from: BITCOIN4X on February 11, 2023, 04:25:21 AM

Investing now or later is the same, but of course it's a good opportunity to buy because the price is still low. If anyone wants to invest long-term, then I think this is the time.

There is a good time to invest but no time to invest. When the Bitcoin market went under $15k then maybe we can call that time as a good time to invest. But not always this right time comes. Bitcoin is currently between $24k-$25k investment now and $15k investment is not the same. But those who want to invest for long term can invest from the current position. The market may not stay within $15k again. From here the market may go higher.

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Quote from: bounceback on February 17, 2023, 06:22:05 AM

Quote from: sulendra12 on February 11, 2023, 03:20:57 PM

This is why we don't know what is the "bottom" of the price, people usually say buy at the bottom and sell at high price, but most of the people who suggested this doesn't know how to determine if the price reached the "bottom" phase or "top" and that's why you have to use strategies and indicators available so you can make sure what to do next. Or just do DCA and forget about the price after that wait for few more years for profit.

Doing DCA when the market is in a bearish period is definitely one of the right choices for us because with this strategy we can take advantage of the momentum of every downside and it allows us to get cheaper prices when buying, everyone wants to buy when the price of one of the coins is at its lowest price but unfortunately so far no one can really predict exactly where the market will go so I agree that doing DCA is the right decision when we are in a bear market.

DCA is a compromise, the best strategy for investors would be to buy at the bottom and sell when the price is at its ATH, but since we cannot realistically know when those levels can be reached then one of the best strategies we can implement is to buy bitcoin at regular intervals, however despite how easy something like this may seem it can be quite hard as most people are not used to this kind of behavior and it may not seem to make sense at all when they hear for the first time about this strategy.

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Quote from: sulendra12 on February 11, 2023, 03:20:57 PM

This is why we don't know what is the "bottom" of the price, people usually say buy at the bottom and sell at high price, but most of the people who suggested this doesn't know how to determine if the price reached the "bottom" phase or "top" and that's why you have to use strategies and indicators available so you can make sure what to do next. Or just do DCA and forget about the price after that wait for few more years for profit.

Doing DCA when the market is in a bearish period is definitely one of the right choices for us because with this strategy we can take advantage of the momentum of every downside and it allows us to get cheaper prices when buying, everyone wants to buy when the price of one of the coins is at its lowest price but unfortunately so far no one can really predict exactly where the market will go so I agree that doing DCA is the right decision when we are in a bear market.

Topic: The best time to buy bitcoin. - page 4. (Read 1041 times)