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Topic: Too late to buy Bitcoin ? (Read 1982 times)

legendary
Activity: 2576
Merit: 1043
Little_Mouse Campaign Management | OrangeFren.com
December 23, 2024, 10:15:33 PM
I try to buy Bitcoin now because is a period of my life that I can invest 300-400$ per month do you think that Btc is a good investment option for me and the range of the money I can invest monthly ?
If I look at in crypto market now, I think if you buy btc now, you can got profits not much because in this end year maybe btc price up to 100K.
If you will buy Bitcoin right now, and wait until it reaches its previous ATH again, it will be the easiest 15% profit that you will get.
I mean we already know that at some point in 2025, Bitcoin will reach $108,000 again and will surpass it.

As for OP, if you want to invest into cryptocurrency then Bitcoin should be your main priority. Buying Bitcoin at this current time would depend on how long you will hold those Bitcoin. Buying now and holding until the bull run peaks will give you profit still especially now that the market went down. Buying during the bear market and holding it until the next bull run probably in 2028-2029 will give you much higher profits. What I would say to you OP is that, just continue to buy Bitcoin using your money on a weekly or monthly basis whatever you want. In the long run, it will give you profit and when I say long run, I would say around 4-5 years.

Better safe than sorry; we are going down very very very soon.


Buy when we are down.
Will Bitcoin go to zero? Based on your speculation, how much is Bitcoin going down? At what price?
newbie
Activity: 24
Merit: 0
December 23, 2024, 09:57:45 PM
I try to buy Bitcoin now because is a period of my life that I can invest 300-400$ per month do you think that Btc is a good investment option for me and the range of the money I can invest monthly ?
If I look at in crypto market now, I think if you buy btc now, you can got profits not much because in this end year maybe btc price up to 100K.
sr. member
Activity: 448
Merit: 351
December 23, 2024, 04:30:11 PM
I try to buy Bitcoin now because is a period of my life that I can invest 300-400$ per month do you think that Btc is a good investment option for me and the range of the money I can invest monthly ?
BTC is a good investment option for everyone, if you can have the patience to hold it for long time. You should also bear it in mind that bitcoin market is not always green. There will come a time when the market will be bearish, and when that time comes, you shouldn't be tempted to sell your bitcoin out of panic, because that's part of the characteristics of bitcoin. Another thing is that you should invest only money you won't be needing for the next 4 years. Don't invest the money you will be needing for the next 2 to 3 years in bitcoin, so that you won't be under any pressure when the bear market comes in.

As for the money you intend investing monthly, only you can tell if that's okay for you, because it depends on how much disposable income you have at the end of every month. If you know your family needs will be well taken care of after investing that amount then it's fine. But if you know that your family needs will be affected if you invest such amount of money, then you should consider reducing it. Don't starve yourself because you want to make investment in bitcoin.
newbie
Activity: 3
Merit: 8
December 23, 2024, 01:28:27 AM
I try to buy Bitcoin now because is a period of my life that I can invest 300-400$ per month do you think that Btc is a good investment option for me and the range of the money I can invest monthly ?
Bitcoin investment is a very good investment not only for you but for everyone. After joining the forum, I started learning about Bitcoin, but I realized that Bitcoin investment is really a very profitable investment. If you have enough money to invest, you can definitely invest. If I had money, I would invest in Bitcoin. You can invest $100 per month from your total monthly income. But of course, you have to keep the investment for a long time.
?
Activity: -
Merit: -
December 22, 2024, 06:41:25 PM
Better safe than sorry; we are going down very very very soon.


Buy when we are down.
sr. member
Activity: 1022
Merit: 363
December 22, 2024, 06:15:45 PM
I try to buy Bitcoin now because is a period of my life that I can invest 300-400$ per month do you think that Btc is a good investment option for me and the range of the money I can invest monthly ?

That question has been asked time and time again, ever since BTC broke $1.
Is it too late? Am i late? Why buy if BTC will only go down.

In the end it's up to you. If you believe BTC will go to $1m, then by all means

Those people asking question like that usually didn't do any good action or decision when Bitcoin has not experiencing any bullish movement. Then when it reached its new ATH here they are asking those crazy questions.

If they just invest on Bitcoin then hodl it for sure that they would never came on this point asking this question which obviously they can answer it on their own if they do a research. Bitcoin potential never ends and although we are seeing a sort of dumping condition from Bitcoin at the moment for sure that we will see more price pump for Bitcoin in next following years.
hero member
Activity: 2086
Merit: 761
To boldly go where no rabbit has gone before...
December 22, 2024, 05:59:07 PM
I try to buy Bitcoin now because is a period of my life that I can invest 300-400$ per month do you think that Btc is a good investment option for me and the range of the money I can invest monthly ?

That question has been asked time and time again, ever since BTC broke $1.
Is it too late? Am i late? Why buy if BTC will only go down.

In the end it's up to you. If you believe BTC will go to $1m, then by all means
sr. member
Activity: 966
Merit: 391
Underestimate- nothing
December 22, 2024, 05:48:01 PM
Bitcoin is a cryptocurrency whose price fluctuates very quickly. It is profitable only if you can hold it for a long time. According to your opinion, you earn 300 to 400 dollars every month. You can deposit a certain amount of money from here every month for a long time by following the DC method. In this way, no matter what the market situation is, your investment risk will be low and you will buy Bitcoin at an average price. There is a bull run going on in the market now. Now the price of Bitcoin is very high, you may wait a little and buy, maybe the price may decrease, this is completely conceivable. Because it is difficult to say when the market will decrease or increase. The main motto of investing in crypto is patience. If the price is low, you can increase the investment level with patience so that the profit is greater when the price increases.

It is never to late to buy bitcoin but when you buy the dip it is always much more better because you will gain a lot more of intrest, but what ever time you buy you will still make your profit had long as the investor can hold for a very long time because not everyone can actually hold for that long so it is better we have that understanding that holding for a long time is much more productive than buying high and not able to hold for a long time, and does that have a source of income will enjoy investing in bitcoin because it will be less stressful is just for them to deduct some amount of money every month to invest.

When you already holding anytime the market increases it is at your favour because is just for the holder to decide wether they want to sell or not, but when you don't have you can not make that kind of decision and that is why it is better to take investing in bitcoin seriously because if countries can give there self a land mark to invest then individuals don't have an excuse because they can choose to invest even with the lowest amount and This is somthing that can be planned.

But only few people that understand the whole concept of bitcoin are the once that will be able to make some certain decisions, and there people that will pick intrest through us, your output will somtimes determine what will give people intrest.
member
Activity: 117
Merit: 47
December 21, 2024, 12:06:56 PM
Bitcoin is a cryptocurrency whose price fluctuates very quickly. It is profitable only if you can hold it for a long time. According to your opinion, you earn 300 to 400 dollars every month. You can deposit a certain amount of money from here every month for a long time by following the DC method. In this way, no matter what the market situation is, your investment risk will be low and you will buy Bitcoin at an average price. There is a bull run going on in the market now. Now the price of Bitcoin is very high, you may wait a little and buy, maybe the price may decrease, this is completely conceivable. Because it is difficult to say when the market will decrease or increase. The main motto of investing in crypto is patience. If the price is low, you can increase the investment level with patience so that the profit is greater when the price increases.
sr. member
Activity: 434
Merit: 275
Enjoy 500% bonus + 70 FS
December 20, 2024, 10:52:26 PM
I try to buy Bitcoin now because is a period of my life that I can invest 300-400$ per month do you think that Btc is a good investment option for me and the range of the money I can invest monthly ?
It depends on you and how you plan your investment.  If you receive monthly salary of $300 to $400 then you can be investing as little as $20 each week making a total of $80 per month that is If it's $400 but if it's $300 you may invest as low as $15 per week and a total of $60 per month. You should just be able to invest in bitcoin with what you can afford to lose  without being affected.  But if you know the price is too high then you have to adjust to suit your budget too.  
sr. member
Activity: 308
Merit: 256
December 20, 2024, 04:37:58 PM
It is better to seek the advice of an investment expert before doing any major investment on Bitcoin or a few altcoin at the moment. In most cases when new ATH is hit the market becomes so unpredictable. Except the goal is on a long term basis then the risk is worth taking but anything otherwise I sincerely won't advise anyone now to rush into buying I can only suggest taking some profit so that if the market retraces they can buy more and if it makes further moves upward then they will have some profit to hold on to

In your interest I think you should know that the market has always been unpredictable hence, it is always advisable to take advantage of every opportunity that presents itself provided that there is money readily available for investment that is to say that one should buy every time irrespective of the market conditions, long term should be the best goal and at such it is wrong to talk about profit when you are meant to be filling you tank and get get as much or little as you can within your level of discretional income consistently, and that's is my advice especially to those that are still in their accumulation journey.
?
Activity: -
Merit: -
December 19, 2024, 01:41:13 PM
well I believe it will go down under 25ish again so why buy now from whales?
member
Activity: 364
Merit: 89
Reward: 10M Shen (Approx. 5000 BNB) Bounty
December 18, 2024, 09:07:08 PM
Trading is still profitable and for those who are ready to learn trading can still make good profit from trading, but buying bitcoin to hodl is a better option for those who are not ready to learn trading but want to make quick profit from trading, instead of losing money on what their is no understanding about it will be better to buy bitcoin and hodl. Hodling is just stress free for those who really understand the volatility of the market and have patience to hodl bitcoin.

Both hodling and trading is profitable but it depend on which of them people have interest interest and understand better.
Undoubtedly, holding is a good way to stay stress-free. Holding is a safe sector for everyone because there is no problem here. You can hold it stress-free and relaxed if you want, there is no fear of losing your money. Holding is good for everyone; anyone can handle it well.

However, trading is not safe for everyone because many people are affected by it. I have heard very few people who have been affected by holding, but I hear and get various types of news that many people have been affected by trading. However, trading is a very good sector for those who understand trading well and can analyze the market well. You can earn much money from trading if you are a good trader. But for those who do not understand it, trading becomes a means of loss. That's why trading is not for everyone; trading is for those who understand well, and holding is the safest for those who don't understand so well. But you can earn income from both sources.

Many people give different types of advice to beginners on learning to trade, and it has been seen that they get disappointed. That's why I won't disappoint anyone. If they can learn well, I want them to move towards trading. However, to learn trading, you must spend a lot of time and learn well.
I agree with you, actually holding is a stress-free strategy, where you have to believe in Bitcoin, and wait for long-term profits, (at least for 10 years). And there is no need to worry about the daily fluctuations of the market, just buy Bitcoin regularly using DCA without looking at the price.
But in about trading, trading requires skills, experience and deep knowledge of market analysis, and those who do not understand it properly, will easily get hurt. So trading is not for everyone, you can be successful in trading only when you have a deep knowledge of all the "small to big" everything aspects of trading. And it will take a lot of time, and you will have to face a lot of losses in new situations, and only those who can endure all this and survive, Only that person will be successful in trading.

Holding maybe the best way to go about Bitcoin investment but  it is not actually stress free as you said it because consistency is not actually easy, you will have or need to work hard and discipline yourself before you  can be consistent and it is impossible to do all these without passing through stress and some challenges. DCA method is the only method that allows investors to accumulate Bitcoin in regularly basis which could be weekly, monthly or yearly depending and regardless of the market condition.

Trading, sometimes seems to be interesting because it doesn't actually take too much time unlike holding where you will have to wait for years before thinking of taking profit if you wish and the people that mostly go into trading to me I see them as impatient people who can not actually buy and hold there coin. However, trading is very risky compare to investment and it takes a lot of time for one to even come up with a strategy which often time doesn't still work.
member
Activity: 99
Merit: 36
December 16, 2024, 10:50:27 AM
It is better to seek the advice of an investment expert before doing any major investment on Bitcoin or a few altcoin at the moment. In most cases when new ATH is hit the market becomes so unpredictable. Except the goal is on a long term basis then the risk is worth taking but anything otherwise I sincerely won't advise anyone now to rush into buying I can only suggest taking some profit so that if the market retraces they can buy more and if it makes further moves upward then they will have some profit to hold on to
Now that the market is in a bullish phase, investors should protect their capital and refrain from buying crypto. Don't risk it, don't make yourself unstable with a volatile market, be patient and give yourself a bearish time to accumulate Bitcoin.
sr. member
Activity: 616
Merit: 291
Bitcoin in Niger State💯
December 15, 2024, 03:02:56 PM
Bitcoin is going to rise to 1.000.000$ when it won't be able to be mined. Therefore now is a good time to buy.

You obviously don't know that according to calculations, the last block of Bitcoin will be mined in 2140. So it will be a little difficult for you to verify the correctness of your statement. But if you buy Bitcoins today, there is a chance that your great-grandchildren will thank you for such an inheritance.

Whether bitcoin will rise to $1m or not is not something that someone should be talking about now because no one can really tell what the future will pan out for bitcoiners. However, the 100k ATH is not the highest it will go as, the last block of Bitcoin will be mines by 2140, approximately 116 years to come. None of us here today will still be alive by then, before then, bitcoin will most likely be the most valuable asset in the world attaining more than $1m.

If you have a bitcoin asset today, you can decide to hold it some more time because based on my calculations, if it will take approximately 3 to 4 years for bull run to reach its peak, then there will be a total of over 29 to 30 bull run seasons before 2140, one can't imagine but to say that Bitcoin must have hit very significant appreciation level beyond expectations.
member
Activity: 73
Merit: 31
December 15, 2024, 02:42:05 PM
It is better to seek the advice of an investment expert before doing any major investment on Bitcoin or a few altcoin at the moment. In most cases when new ATH is hit the market becomes so unpredictable. Except the goal is on a long term basis then the risk is worth taking but anything otherwise I sincerely won't advise anyone now to rush into buying I can only suggest taking some profit so that if the market retraces they can buy more and if it makes further moves upward then they will have some profit to hold on to
member
Activity: 50
Merit: 0
December 15, 2024, 07:45:39 AM
Bitcoin is going to rise to 1.000.000$ when it won't be able to be mined. Therefore now is a good time to buy.
Bitcoin has emerged as a symbol of one direction for investors at its highest ATH. We cannot say a specific time for its mining, but many can give many explanations on the assumption. I would say that Bitcoin is not possible for everyone to buy now, those who are new should refrain from investing in this bull season. Again, they can save a little if they want, because new investors will not be able to gain such a deep knowledge about Bitcoin in this narrow time. Since the market fluctuates, they will face disappointment if the price continues to fall. For this reason, it is necessary to create a long-term investment mindset and then conduct investment activities.
legendary
Activity: 2268
Merit: 1655
To the Moon
December 15, 2024, 05:40:43 AM
Bitcoin is going to rise to 1.000.000$ when it won't be able to be mined. Therefore now is a good time to buy.

You obviously don't know that according to calculations, the last block of Bitcoin will be mined in 2140. So it will be a little difficult for you to verify the correctness of your statement. But if you buy Bitcoins today, there is a chance that your great-grandchildren will thank you for such an inheritance.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
December 13, 2024, 01:16:01 PM
I try to buy Bitcoin now because is a period of my life that I can invest 300-400$ per month do you think that Btc is a good investment option for me and the range of the money I can invest monthly ?
Before you commit to invest in assets such as Bitcoin, you need to have an idea of what you want to get from it !!

Secondly,  if you are going to be a hodler be ready to go in for the long run because Bitcoin isn't some get rich quick scheme, its a long journey...or maybe something that looks like money growing from tree's, Bitcoin has its Ups and Downs which can cause tears of joy, tears of regret etc!

Otherwise if you ready for all the crypto drama, any amount is a starting point and that is what counts for this journey...GL.
legendary
Activity: 2002
Merit: 2534
The Alliance Of Bitcointalk Translators - ENG>SPA
December 13, 2024, 11:41:56 AM
The perfect time to invest in bitcoin was yesterday but the second best time is now there is nothing wrong to invest in Bitcoin now if the money is available to do so -snip-

As the price increases, the chances to multiply your money like in the early days decreases; but when so many big investors, companies and even governments are buying large sums of Bitcoin, we have reasons to think that buying now is not a bad idea after all.

So yes, better today than tomorrow: I think that sometimes it is riskier not to dare than to pass, and that this is exactly the case with BTC.


Bitcoin is going to rise to 1.000.000$ when it won't be able to be mined. Therefore now is a good time to buy.

Time will tell, but I wouldn't be so categorical either...
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