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Topic: The best time to buy bitcoin. - page 6. (Read 1057 times)

sr. member
Activity: 490
Merit: 294
February 09, 2023, 10:02:08 AM
#57
I think there is a great opportunity to profit by buying bitcoins in this market. Because the market is going up regularly now.  So if Bitcoin can be purchased during this time then after a few days it will be seen that a good profit has been achieved from here. So for those who can afford to buy and hold bitcoins and those who were looking for a good time to buy bitcoins to make a profit I think this is the best time. You will get good profit in future.
hero member
Activity: 1190
Merit: 901
Livecasino.io
February 08, 2023, 10:55:36 AM
#56
This is an interesting viewpoint. Right now, I think everyone should just have some sort of plan for the market because we are still very much in the bear market. There is a possibility or speculation that prices may drop to $18k or shoot higher than $22k. Whatever the case maybe, your next move is dependent on what position you think the market is in.
hero member
Activity: 1218
Merit: 608
February 08, 2023, 10:29:45 AM
#55
2022 was a bloody year. This year 2022 has brought a good time for investors to invest. Those who jumped into investing without fear of the bloody state of the market in 2022 have seen success today. A lot of people didn't invest here out of fear today they are starting to regret it. To gain anything in life one must take risks. If you don't take risks, you will never see success.
Around middle year in 2021 until 2022 become bloody year for Bitcoin because drop under $16,000 ever Bitcoin make new all time high price around $67,000 above at the beginning 2021. Investor start reinvesting during bloody year will earn profit right now after Bitcoin reached back to $23,000 and almost close until $24,0000.

Best time investing in Bitcoin depending with each mindset because several investor keep believing with their potential Bitcoin will back to higher price again, but several investor have bad mindset and worry for investing when Bitcoin still in bloody year and prefer waiting until Bitcoin reached higher and stable price for buying back.
hero member
Activity: 2982
Merit: 610
February 08, 2023, 08:42:50 AM
#54
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.
We can't predict the market situation but I would say that buying Bitcoin during the price correction is the best time. It is not necessary to wait for the bottom price but at least buying them at a low price seems to be a good idea.
Quote
Even the good traders with there analysis also makes mistake that is why they say the market is not your friend but trend is what makes us friend. If you are good I'm following trend you might not have a big problem about the market but the issue may arise from when the market cahnges direction. If the direction continues, you might not know what exactly the position the market is going to take.
The mistake is very common but not a thing we have to worry about because we are not perfect and the volatility of the market makes us hard as well to be at least close to right.
Investing is not a hard thing to do if we are sure about it. As long as we are buying low and knows how to hold until the price increase, we could really make a profit from this.
sr. member
Activity: 742
Merit: 387
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February 08, 2023, 08:38:53 AM
#53
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.
I think Bitcoin is a buy and hold when its value drops. Buying and holding Bitcoin for a long period of time can certainly earn good profits. But I invested Bitcoin few days ago and I want to hold it for long time. Investing in elot coin seems ricks to me so better to diverge to bitcoin.
sr. member
Activity: 994
Merit: 441
February 08, 2023, 02:48:46 AM
#52

Lol, that's basically what I did with the recent drop. All through 2022 I bought bitcoin whenever I had the money for it, of course I had to cash out some and spend something etc etc, but basically my idea and mindset was similar to this. Everyone was afraid that it's going down, and yeah, it dropped more after I bought on early 2022, but by the end I was just collecting free cash if you ask me.
2022 was a bloody year. This year 2022 has brought a good time for investors to invest. Those who jumped into investing without fear of the bloody state of the market in 2022 have seen success today. A lot of people didn't invest here out of fear today they are starting to regret it. To gain anything in life one must take risks. If you don't take risks, you will never see success.

Right now I am already in profit, and I will probably in more profit by the end of the year as well. All I had to do was look at the market and how much people were afraid, when they are afraid then I am happy and buying, because I know that means it's doing badly, and the only way to go is up.
You took risks in the investment that led to success today. You continued to invest fearlessly during the market dumping due to which your investment started to gain as the market rose a bit. I would say hold your investment if you can hold the investment for a long time surely you can earn huge amount of profit.
sr. member
Activity: 1008
Merit: 262
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February 07, 2023, 06:55:44 PM
#51
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.

 Even the good traders with there analysis also makes mistake that is why they say the market is not your friend but trend is what makes us friend. If you are good I'm following trend you might not have a big problem about the market but the issue may arise from when the market cahnges direction. If the direction continues, you might not know what exactly the position the market is going to take.
hero member
Activity: 980
Merit: 947
February 07, 2023, 03:21:09 PM
#50

Which actually, if you think about it, is 80% of the time in crypto lol. Which actually also makes the longterm DCA strategy accurate in this measure, and the best strategy of all.

If you are buying all the time, you ensure you are buying 80% of times when everything is red and low. And only 20% in the time markets is green and everyone is positive.

Agree, agree, agree!
This is a normal movement of cycles, we spend a lot of time in accumulation zones, periodically falling, or we see insignificant pumps, but in general, we spend most of the bear market at the bottom.

This is a good time for me, I see this as an opportunity and when grouth started I even thought that it would not be bad if we put a movement on the bottom for some more time so that I had more opportunities to buy more bitcoin. But I’ll probably always think this way whenever growth starts, so if a bull market starts now, then that’s great, because the green market is positive, which we really lack now.
hero member
Activity: 3220
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February 07, 2023, 01:28:22 PM
#49
The best time would be;

1.Everything is red
2.Everyone is on fear and freaking out
3.We are seeing fuds everywhere
4. Everything is negative
5. When there's blood on the streets (not literally)  Cheesy
Which actually, if you think about it, is 80% of the time in crypto lol. Which actually also makes the longterm DCA strategy accurate in this measure, and the best strategy of all.

If you are buying all the time, you ensure you are buying 80% of times when everything is red and low. And only 20% in the time markets is green and everyone is positive.

Agree, agree, agree!
Lol, that's basically what I did with the recent drop. All through 2022 I bought bitcoin whenever I had the money for it, of course I had to cash out some and spend something etc etc, but basically my idea and mindset was similar to this. Everyone was afraid that it's going down, and yeah, it dropped more after I bought on early 2022, but by the end I was just collecting free cash if you ask me.

Right now I am already in profit, and I will probably in more profit by the end of the year as well. All I had to do was look at the market and how much people were afraid, when they are afraid then I am happy and buying, because I know that means it's doing badly, and the only way to go is up.
legendary
Activity: 2674
Merit: 1226
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February 07, 2023, 06:17:07 AM
#48
The best time would be;

1.Everything is red
2.Everyone is on fear and freaking out
3.We are seeing fuds everywhere
4. Everything is negative
5. When there's blood on the streets (not literally)  Cheesy

Which actually, if you think about it, is 80% of the time in crypto lol. Which actually also makes the longterm DCA strategy accurate in this measure, and the best strategy of all.

If you are buying all the time, you ensure you are buying 80% of times when everything is red and low. And only 20% in the time markets is green and everyone is positive.

Agree, agree, agree!
legendary
Activity: 3122
Merit: 1140
February 06, 2023, 05:44:41 PM
#47
Always the best time is when people doubt the current mrket situation such as the price going down, and they are still hoping to get more dip is an excellent opportunity to buy, and also when people see the market is crashing. They doubt if they will keep accumulating bitcoin and always grab the chance. It's an all-or-never task thing to do.
The best time would be;

1.Everything is red
2.Everyone is on fear and freaking out
3.We are seeing fuds everywhere
4. Everything is negative
5. When there's blood on the streets (not literally)  Cheesy

Thing here is that you do really make yourself not that confident on taking such action.Why? because we are really that afraid on doing so
because we do know that the price might even go way lower on the time that we had bought and this is the big hindrance.
legendary
Activity: 1750
Merit: 1329
Top Crypto Casino
February 06, 2023, 04:24:19 PM
#46
Always the best time is when people doubt the current mrket situation such as the price going down, and they are still hoping to get more dip is an excellent opportunity to buy, and also when people see the market is crashing. They doubt if they will keep accumulating bitcoin and always grab the chance. It's an all-or-never task thing to do.
hero member
Activity: 2786
Merit: 657
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February 06, 2023, 02:54:09 PM
#45
But it's still good to know WHEN it will be the best time to safely invest money in bitcoin and be sure that it will probably go up from now on. But I won't be bothering you with TA analysis (that is probably wrong) and strange predictions, today we will just look at the facts.
TA analysis is never a wrong or strange market prediction either you don't understand how it was used or its benefits.

we should understand that if the economy goes down => bonds go down => bitcoin goes down too.
Not in every situation, remember during the total lockdown in 2021. The economy goes down and the bonds while Bitcoin were seen as an option in the market.

That's why right now I think that we all should wait for the one single indicator
We will be surprised and wish you didn't wait for the single indicator to happen because the crypto market appears to have. The previous bullish price that lead to the ATH of Bitcoin happened when we least expect it, and so is the bear and again the slightly bullish price happens when we don't expect it. Technically the change is the market is constant and judging the market's next trend using a previous strategy can fail you.
sr. member
Activity: 2506
Merit: 368
February 06, 2023, 02:19:13 PM
#44
I'm expecting that the upcoming bull run might happen before the year-end.
You have to look the chart carefully if you want to make a guess, and I'm not sure if you mean the year-end of 2023 or 2024 because in the previous bull run. It did occur before the year-end but it did happen after the Bitcoin halving.

BTC charts are still bullish and I am also expecting that price could reach $100k in no time.
Sure $100k is just around the corner but I don't think it's going to happen in the next bull run but who knows? Their speculation might come true in 2025 or nah we might get surprised if the ATH is beyond with our imagination. Tongue
hero member
Activity: 1470
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ARTS & Crypto
February 06, 2023, 01:34:47 PM
#43
Hello crypto bros, today I want to share my thoughts on when it will be the best time to buy bitcoin...
...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

I have the same thoughts about the nearest exchange rate and buy signals. The world is clearly in something of a depression right now - history is spiraling and now we are at the bottom. This is a necessary time, and it needs to be waited out. And like any time like this - it is great for buying cryptocurrencies, in particular Bitcoin.
sr. member
Activity: 1372
Merit: 264
February 06, 2023, 01:24:01 PM
#42

Besides, it was not really hard to analyze the market trend if we are willing to learn. Because many people had bought Bitcoin without understanding the market that is why they easily got panic and sell their Bitcoin is a losing price. I'm not this will never happen to a person that is certain of his/her goal - 'to earn a profit". FUDs are a big factor that could affect our decisions, most of the time this is the reason why we lose as it triggers our emotions.
Nothing will lose from investing in Bitcoin if we know how to manage ourselves and knows our goal.
This is one of the mistakes of selling too early. If someone was buying at 16k - 18k and is now selling to lock in some profit, that would be a mistake, because in the long run this investment could bring a much larger profit.

Also, to expect that the price will fall now and it will be possible to buy even more bitcoin, this is too risky speculation, which can deprive you simply without bitcoin, or you will have to buy later but at a higher price.

Now is not the time to take such risks with your investments, now is the time to be patient and not sell too early so that you do not regret it in the future.
Of course, the situation where Bitcoin will now cross the $20K to $25K range, should not be sold to get some profit in Bitcoin if the goal is to get a big profit from it. As it is well known that Bitcoin will be highly bullish in the coming days. This may be the last bearish trend of the next bullish market. There are many investors who may not be able to collect Bitcoin if it turns bullish. Thinking about it from that perspective, it is not good time to sell bitcoin.

Almost everyone knows about Bitcoin all time high price. Last Bitcoin ATH was around $70K. Next Bitcoin ATH May Be $100K. Even though it was assumed in 2021 but every time Bitcoin has been bullish and increased up to about 3x from this previous ATH. So the next Bullrun will naturally bring big changes in the Bitcoin price.

I'm expecting that the upcoming bull run might happen before the year-end. As of the market today the retracement might go down below $22k or the huge support is around $20.4k. We can't really expect when will BTC will go depending and it's a battle of bull and bear.

BTC charts are still bullish and I am also expecting that price could reach $100k in no time.
hero member
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February 06, 2023, 08:41:04 AM
#41

Besides, it was not really hard to analyze the market trend if we are willing to learn. Because many people had bought Bitcoin without understanding the market that is why they easily got panic and sell their Bitcoin is a losing price. I'm not this will never happen to a person that is certain of his/her goal - 'to earn a profit". FUDs are a big factor that could affect our decisions, most of the time this is the reason why we lose as it triggers our emotions.
Nothing will lose from investing in Bitcoin if we know how to manage ourselves and knows our goal.
This is one of the mistakes of selling too early. If someone was buying at 16k - 18k and is now selling to lock in some profit, that would be a mistake, because in the long run this investment could bring a much larger profit.

Also, to expect that the price will fall now and it will be possible to buy even more bitcoin, this is too risky speculation, which can deprive you simply without bitcoin, or you will have to buy later but at a higher price.

Now is not the time to take such risks with your investments, now is the time to be patient and not sell too early so that you do not regret it in the future.
Of course, the situation where Bitcoin will now cross the $20K to $25K range, should not be sold to get some profit in Bitcoin if the goal is to get a big profit from it. As it is well known that Bitcoin will be highly bullish in the coming days. This may be the last bearish trend of the next bullish market. There are many investors who may not be able to collect Bitcoin if it turns bullish. Thinking about it from that perspective, it is not good time to sell bitcoin.

Almost everyone knows about Bitcoin all time high price. Last Bitcoin ATH was around $70K. Next Bitcoin ATH May Be $100K. Even though it was assumed in 2021 but every time Bitcoin has been bullish and increased up to about 3x from this previous ATH. So the next Bullrun will naturally bring big changes in the Bitcoin price.
hero member
Activity: 1778
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WorkAsPro
February 06, 2023, 07:14:34 AM
#40
Hello crypto bros, today I want to share my thoughts on when it will be the best time to buy bitcoin. Don't get me wrong, I'm not saying that you shouldn't buy bitcoin right now, DCA is still the best tactic. But it's still good to know WHEN it will be the best time to safely invest money in bitcoin and be sure that it will probably go up from now on. But I won't be bothering you with TA analysis (that is probably wrong) and strange predictions, today we will just look at the facts. I'll start by saying that yes, I think we are still in the bear market and it's obvious that the economy is still suffering. And it's not a secret that bitcoin still didn't decouple from the NASDAQ so we should understand that if the economy goes down => bonds go down => bitcoin goes down too. So we still might see some down movements and maybe we will even see a new button because statistically something always breaks down after fed pivot.
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.
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
Hey there crypto enthusiasts! So, let's talk about when the best time to buy bitcoin might be. Of course, if you've got a long-term investment strategy, then DCA is still a solid option. But it's always good to have a general idea of when it might be the "safest" time to invest in bitcoin and potentially see a return.

Now, I'm not going to dive into any complicated TA analysis or make wild predictions. Let's just look at the facts, okay? First of all, I think it's pretty clear that we're still in a bear market, and the economy as a whole is still struggling. And, as we all know, bitcoin hasn't fully decoupled from the NASDAQ yet, so if the economy takes a hit, it's likely that bonds will drop and bitcoin will follow suit.

So, when can we expect a true bull run? Well, it all depends on when the economy starts to recover. And that won't happen until interest rates start to go down. That's why I think it's important to keep an eye on that single indicator: when interest rates start to decrease. Of course, a decrease in interest rates won't automatically result in a surge in bitcoin's value, but it will mean that the economy is on the upswing and more money will flow into assets, which will in turn benefit both bonds and bitcoin.

As for when we might see interest rates start to decrease, based on the current inflation rate, I wouldn't be surprised if it dips to the expected 3-4% range by the end of 2023. So, my best guess is that we won't see a bull run until 2024.

In conclusion, I don't want you all to be bearish on bitcoin or sell off your investments. For most people, DCA should be enough to weather this crypto winter. But if you're thinking about making a big investment in bitcoin, it might be wise to wait until we see that key indicator of interest rate decrease.
hero member
Activity: 980
Merit: 947
February 06, 2023, 05:47:37 AM
#39

Besides, it was not really hard to analyze the market trend if we are willing to learn. Because many people had bought Bitcoin without understanding the market that is why they easily got panic and sell their Bitcoin is a losing price. I'm not this will never happen to a person that is certain of his/her goal - 'to earn a profit". FUDs are a big factor that could affect our decisions, most of the time this is the reason why we lose as it triggers our emotions.
Nothing will lose from investing in Bitcoin if we know how to manage ourselves and knows our goal.
This is one of the mistakes of selling too early. If someone was buying at 16k - 18k and is now selling to lock in some profit, that would be a mistake, because in the long run this investment could bring a much larger profit.

Also, to expect that the price will fall now and it will be possible to buy even more bitcoin, this is too risky speculation, which can deprive you simply without bitcoin, or you will have to buy later but at a higher price.

Now is not the time to take such risks with your investments, now is the time to be patient and not sell too early so that you do not regret it in the future.
legendary
Activity: 3080
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February 06, 2023, 03:27:54 AM
#38
The best time to buy Bitcoin is when the time that you are ready to face the consequence and are willing to take responsibility as a holder, not a panic seller.

Buy Low and sell high - it doesn't really matter if you as an investor are impatient and too emotional that for sure you ended up selling low due to panic. Like if you have a plan to investment just make sure that you ask yourselves first if "I am really strong enough and will adopt to the market condition". Otherwise, we don't need to be stupid to invest just to lose our money.  
If you are not panicky and willing to HodL for the long term then you can buy Bitcoin at any times by doing a DCA strategy. There is no need for you to wait for the price to drop to buy at lows but to be able to sell for profits, we will still need to wait for the price to rise. For someone who has a doubt of themselves if they can be able to HodL for the long term or not, they can always start at shorter terms first.

We can't always be a pro at investing if we are still a starter but it can also be done in process just like on any other things. After so many trials and errors, we will soon figured out the pattern and that was the time that we can improve ourselves.
Besides, it was not really hard to analyze the market trend if we are willing to learn. Because many people had bought Bitcoin without understanding the market that is why they easily got panic and sell their Bitcoin is a losing price. I'm not this will never happen to a person that is certain of his/her goal - 'to earn a profit". FUDs are a big factor that could affect our decisions, most of the time this is the reason why we lose as it triggers our emotions.
Nothing will lose from investing in Bitcoin if we know how to manage ourselves and knows our goal.
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