This festive season is the best time to invest in bitcoin - page 2.

Charles-Tim

legendary

Activity: 1512

Merit: 4795

Leading Crypto Sports Betting & Casino Platform

Quote from: Jibdeen on December 25, 2024, 04:32:28 PM

If u are into bitcoin investments keep holding your investment and if you want to start, start now cause it’s the right time to invest because 2025 will be better than 2024 in the bitcoin space.

It is worth knowing that bear market may start in 2025 but you are not wrong that 2025 is bull market. Just saying people should also expect bear market but towards the ending of 2025 and which will continue in 2026. Provided if there is not sentiment for United States bitcoin strategic reserve.

Quote from: EarnOnVictor on December 26, 2024, 07:19:10 AM

I continue to be optimistic about Bitcoin but certainly will also use my senses, advocating to buy more at an expensive price is not smart for retail investors. There is nothing as smart as buying your Bitcoin cheap, why waste money to buy 1 when you can wait till you can use the same amount to buy at least 3?

This is true. But if someone knows what he is doing, he can use different strategy. Some people can prefer to use small amount of money to continue to DCA which is also good. As the price is falling, the person can continue to increase the money he is investing. Also smart DCA can be used. Which means as bitcoin decreases and become oversold using a day candle stick, the person will continue to DCA.

Quote from: Jibdeen on December 25, 2024, 04:32:28 PM

This is why I say that Bitcoin may still rise but it will not make any significant impact above $100,000 before the bearish season takes over. So if someone buys around $100,000 and it goes back to $30,000 before moving back to $150,000 again during the next bull run, what's the smartness in that? Why not wait for te $30,000 to buy?

This is a good example but I think bitcoin is not going below $45000 anymore. I do not just pick that price but from analyses. But this is not yet much of a perfect analysis until we know the all-time high. We do not know the all-time high yet.

EarnOnVictor

hero member

Activity: 896

Merit: 654

Leading Crypto Sports Betting & Casino Platform

Quote from: Jibdeen on December 25, 2024, 04:32:28 PM

If u are into bitcoin investments keep holding your investment and if you want to start, start now cause it’s the right time to invest because 2025 will be better than 2024 in the bitcoin space.

I continue to be optimistic about Bitcoin but certainly will also use my senses, advocating to buy more at an expensive price is not smart for retail investors. There is nothing as smart as buying your Bitcoin cheap, why waste money to buy 1 when you can wait till you can use the same amount to buy at least 3?

This is why I say that Bitcoin may still rise but it will not make any significant impact above $100,000 before the bearish season takes over. So if someone buys around $100,000 and it goes back to $30,000 before moving back to $150,000 again during the next bull run, what's the smartness in that? Why not wait for te $30,000 to buy?

MainIbem

hero member

Activity: 1316

Merit: 379

WOLFBET.COM - Exclusive VIP Rewards

Quote from: Odogwu-Blockchain on December 26, 2024, 04:25:26 AM

Festive season had always been the best time for Bitcoin to surge a little higher, at least investors gains a little percentage(ROI) on their buys every November-December of every year as these two months favours the price of Bitcoin precisely.

Quote from: Jibdeen on December 25, 2024, 04:32:28 PM

Meanwhile some people are still doing Mumu by selling their investments just to enjoy this festive season.

If you sell your profits and use am for festive season, I no see am as mumu step. Take profit as much as you can while your main capital are still intact. Na those wey never know how this market moves wey go sell everything them get just for festive enjoyment will somewhat loose if they are not thinking of buying back again.

People have made gains in the early weeks of this month after a new ATH but currently the market is still on the correction stage, thereby giving investors a lot of opportunities to accumulate more Bitcoins before we witness another upsurge, however the wise ones would seize the current opportunity and profit later in the near feature but some people would make errors of selling all their Bitcoin to celebrate the festive period or sell out of panic, that's not a good approach and they'll regret later. Anyways it's wise for people who's investment is long over due to take some portions of the profits to celebrate the festive period, instead of spending everything they've been investing for long-term in the short festive period, people who would take profits when their investment is not yet due to take profit would be considered very foolish if they make such decision.

Odogwu-Blockchain

member

Activity: 77

Merit: 49

Festive season had always been the best time for Bitcoin to surge a little higher, at least investors gains a little percentage(ROI) on their buys every November-December of every year as these two months favours the price of Bitcoin precisely.

Quote from: Jibdeen on December 25, 2024, 04:32:28 PM

Meanwhile some people are still doing Mumu by selling their investments just to enjoy this festive season.

If you sell your profits and use am for festive season, I no see am as mumu step. Take profit as much as you can while your main capital are still intact. Na those wey never know how this market moves wey go sell everything them get just for festive enjoyment will somewhat loose if they are not thinking of buying back again.

Sim_card

hero member

Activity: 658

Merit: 562

Quote from: ? on December 26, 2024, 02:40:23 AM

Seasons don't determine if you will invest or not. festive season might be the best season or the worse season, it all depends on the movement of the market in that season. In my own opinion, i don't think festive period is a good time for anything crypto investment, during this period the market movement is unpredictable. So you should probably stay away from crypto investment during festive period.

The market has always being unpredictable and that's why it's risky, so I don't see how you will be able to predict the price movement of bitcoin when it's not festive period. Festive period is time to stay with your family and have fun because it's once in a while. During this period it's always a generous time and good food will not be exceptional. This is why I wouldn't buy bitcoin if I don't have extra funds on me, because it's holiday.

Wiwo

hero member

Activity: 1260

Merit: 765

Top Crypto Casino

Quote from: Zackz5000 on December 26, 2024, 01:16:53 AM

Every investor wishes is for bitcoin price to dip so they can accumulate enough Bitcoin but always waiting for the price to dip before accumulating is what I won't advise someone to do believe me those who failed to buying Bitcoin now thinking the price is high will definitely regret there action in time coming, make bitcoin at low price only be an opportunity or advantage for an investor to accumulate enough Bitcoin while waiting for it to dip will really delay your Bitcoin accumulation journey ok what if the price did not dip to that particular price you wanted it to be buying that simply means you won't buy right? Well people may choose to do what they want to do just like I have said you can start accumulating small small using the DCA strategy either weekly or monthly irrespective of the price of Bitcoin and HODL for long periods of time probably 4-10 years and more let the dip only be an advantage to accumulate more Bitcoin because you will be buying at a lower price.

OK now I get your point, what caught my attention in your previous comment is the word wrong that you used to start your statement or sentence, despite that we are sharing similar thoughts on the subject matter, bitcoin accumulation is a vassal topic and at that, we have to be careful while reacting to other people thoughts, although waiting for bitcoin to offer discount price before buying may be wrong or right what determine an investor's action to buy bitcoin is the available cash and the cash flow system at investor disposal if someone that has a steady cash flow, and money to put away for a long time can buy bitcoin at whatever price.

But for middle-class low-bitcoin investors that make use of the DCA approach to accumulate bitcoin, they constantly need to monitor the market and apply every necessary patience to wait for the price to get to a favorable position before buying bitcoin, this is two different investors and making use of different approaches in the bitcoin accumulation journey.

?

Activity: -

Merit: -

Seasons don't determine if you will invest or not. festive season might be the best season or the worse season, it all depends on the movement of the market in that season. In my own opinion, i don't think festive period is a good time for anything crypto investment, during this period the market movement is unpredictable. So you should probably stay away from crypto investment during festive period.

Zackz5000

sr. member

Activity: 182

Merit: 131

Bitcoin or nothing

Quote from: Wiwo on December 26, 2024, 01:00:56 AM

Quote from: Zackz5000 on December 26, 2024, 12:43:27 AM

Quote from: Wiwo on December 25, 2024, 06:12:56 PM

---‐----

I think you are wrong here trying to wait for the of bitcoin to drop before accumulating Bitcoin is a trading mindset and also believing that the current price of Bitcoin now is high is also wrong what will you then advise when the price hit $500k.
You fit dey wait make bitcoin price dip before buying and the price keep going high waiting for Bitcoin to drop may also lead to procastination where by you may not be able to accumulate Bitcoin at the end if the money is there now is the best time to buy because in time coming the current price you are seeing as high now will definitely be a dip, for you can start up your bitcoin investment using the DCA strategy which will help you accumulate Bitcoin on a regular basis either weekly or monthly regardless of the price of Bitcoin and HODL for long as long as you have made provision for your discretionary income.

It's your opinion and you mind your limit man, you can't outrightly say someone is wrong 8n a discussion just because you want to share your points of view OK a topic like this.

If you like buy bitcoin when the price is $107k if you like buy when the price dey $50k na your body go tell you and stop advocating what you may likely not be practicing Because any knowledgeable person go no say buy bitcoin at a low price is always the best and avoiding to jump on bitcoin when the price is high or at all-time price region is not advisable.

Before you talk try reason we'll first!

Every investor wishes is for bitcoin price to dip so they can accumulate enough Bitcoin but always waiting for the price to dip before accumulating is what I won't advise someone to do believe me those who failed to buying Bitcoin now thinking the price is high will definitely regret there action in time coming, make bitcoin at low price only be an opportunity or advantage for an investor to accumulate enough Bitcoin while waiting for it to dip will really delay your Bitcoin accumulation journey ok what if the price did not dip to that particular price you wanted it to be buying that simply means you won't buy right? Well people may choose to do what they want to do just like I have said you can start accumulating small small using the DCA strategy either weekly or monthly irrespective of the price of Bitcoin and HODL for long periods of time probably 4-10 years and more let the dip only be an advantage to accumulate more Bitcoin because you will be buying at a lower price.

Wiwo

hero member

Activity: 1260

Merit: 765

Top Crypto Casino

Quote from: Zackz5000 on December 26, 2024, 12:43:27 AM

Quote from: Wiwo on December 25, 2024, 06:12:56 PM

---‐----

I think you are wrong here trying to wait for the of bitcoin to drop before accumulating Bitcoin is a trading mindset and also believing that the current price of Bitcoin now is high is also wrong what will you then advise when the price hit $500k.
You fit dey wait make bitcoin price dip before buying and the price keep going high waiting for Bitcoin to drop may also lead to procastination where by you may not be able to accumulate Bitcoin at the end if the money is there now is the best time to buy because in time coming the current price you are seeing as high now will definitely be a dip, for you can start up your bitcoin investment using the DCA strategy which will help you accumulate Bitcoin on a regular basis either weekly or monthly regardless of the price of Bitcoin and HODL for long as long as you have made provision for your discretionary income.

It's your opinion and you mind your limit man, you can't outrightly say someone is wrong 8n a discussion just because you want to share your points of view OK a topic like this.

If you like buy bitcoin when the price is $107k if you like buy when the price dey $50k na your body go tell you and stop advocating what you may likely not be practicing Because any knowledgeable person go no say buy bitcoin at a low price is always the best and avoiding to jump on bitcoin when the price is high or at all-time price region is not advisable.

Before you talk try reason we'll first!

Zackz5000

sr. member

Activity: 182

Merit: 131

Bitcoin or nothing

Quote from: Wiwo on December 25, 2024, 06:12:56 PM

. Particularly this time is not the best time to buy bitcoin Because the price of Bitcoin right now is still very high and for you to get a good entry price, you need to buy bitcoin when the price is low and avoid entering when the market is already on a bull trend like this current stage of bitcoin price.

So let's not get carried away with the hypes of continuous uptrend momentum for Bitcoin to the point of buat high price, what I can say is that during this festive period even if you want to save money to invest in Bitcoin, you need to wait for a discounted price opportunity so for that holding your stable coins and waiting for the right entry price to take your position in bitcoin.

But right now is a no-no for mostly newbies in bitcoin investment, because they will regret it if care is not taken.

I think you are wrong here trying to wait for the of bitcoin to drop before accumulating Bitcoin is a trading mindset and also believing that the current price of Bitcoin now is high is also wrong what will you then advise when the price hit $500k.
You fit dey wait make bitcoin price dip before buying and the price keep going high waiting for Bitcoin to drop may also lead to procastination where by you may not be able to accumulate Bitcoin at the end if the money is there now is the best time to buy because in time coming the current price you are seeing as high now will definitely be a dip, for you can start up your bitcoin investment using the DCA strategy which will help you accumulate Bitcoin on a regular basis either weekly or monthly regardless of the price of Bitcoin and HODL for long as long as you have made provision for your discretionary income.

Wiwo

hero member

Activity: 1260

Merit: 765

Top Crypto Casino

. Particularly this time is not the best time to buy bitcoin Because the price of Bitcoin right now is still very high and for you to get a good entry price, you need to buy bitcoin when the price is low and avoid entering when the market is already on a bull trend like this current stage of bitcoin price.

So let's not get carried away with the hypes of continuous uptrend momentum for Bitcoin to the point of buat high price, what I can say is that during this festive period even if you want to save money to invest in Bitcoin, you need to wait for a discounted price opportunity so for that holding your stable coins and waiting for the right entry price to take your position in bitcoin.

But right now is a no-no for mostly newbies in bitcoin investment, because they will regret it if care is not taken.

Agbamoni

sr. member

Activity: 560

Merit: 474

Fine by Time

Quote from: Jibdeen on December 25, 2024, 04:32:28 PM

Merry Christmas and happy new year to everyone in this wonderful forum

This year has been a long journey in bitcoin history and many people who invest lately last year have really gain a lot of money.

Moving forward, this time of the year is the right time to invest in bitcoin because people that did so last year have gain more than a double of their investment. Meanwhile some people are still doing Mumu by selling their investments just to enjoy this festive season.
I have a friend who also bought bitcoin last year, we were supposed to buy it together but I instead decided not to buy it and I use my money in compete with other people in last festive season and now my friend that bought bitcoin with his money is worth more than double what he was worth last year.

If u are into bitcoin investments keep holding your investment and if you want to start, start now cause it’s the right time to invest because 2025 will be better than 2024 in the bitcoin space.

Let me tell you one thing. Anytime is the best time to invest in Bitcoin. In as much as we should be aware of how we spend on our festive season as there are many things to do at the beginning of next year. That doesn't make the festive season the best time to invest in Bitcoin. If a individual don't have the money to invest now he can invest later when he is ready and not force himself to abandon celebrations with his family to start investing in Bitcoin.

What difference would it make if they invest now or early quatre of next year. I was expecting you to give me a good reason but i didn't find any listed. From your instance with you and your friend. If you have still bought Bitcoin this year in February, March or April you still be in profit by now. No one stopped you to invest in Bitcoin after the festive period last year. You choose not to invest in Bitcoin at all.

Have you bought Bitcoin now?

Jibdeen

newbie

Activity: 14

Merit: 3

Merry Christmas and happy new year to everyone in this wonderful forum

This year has been a long journey in bitcoin history and many people who invest lately last year have really gain a lot of money.

Moving forward, this time of the year is the right time to invest in bitcoin because people that did so last year have gain more than a double of their investment. Meanwhile some people are still doing Mumu by selling their investments just to enjoy this festive season.
I have a friend who also bought bitcoin last year, we were supposed to buy it together but I instead decided not to buy it and I use my money in compete with other people in last festive season and now my friend that bought bitcoin with his money is worth more than double what he was worth last year.

If u are into bitcoin investments keep holding your investment and if you want to start, start now cause it’s the right time to invest because 2025 will be better than 2024 in the bitcoin space.

Topic: This festive season is the best time to invest in bitcoin - page 2. (Read 316 times)