Well today is the amazing day to buy bitcoin. Simply check the market, it’s at pretty low level and it’s the start of new year. This means you have high chance of ending up at ATH slot of this year which could be more than 70k USD as it is in nature of bitcoin to land at higher rate as compared to previous year.
This kinda logics should also be applied while trading bitcoin now a days. Don’t just think about this much % is in negation or this much is higher etc etc. Sometimes fundamentals could play crucial role while entering the market.
For the current buy cycle I am pretty sure above logic applies just perfectly.
Topic: WHEN DO YOU BUY BITCOIN? - page 2. (Read 1102 times)
To buy bitcoin at this time we have to spend quite a lot of capital, then the best way to get bitcoin of course we have to follow the reward that pays by using bitcoin, and we can also collect from investing in altcoins that have the potential and profits that we get directly we make bitcoin as a future asset, then in this case we need a long time, But if we have more savings in everyday life then it never hurts to buy bitcoin as a future asset.
it would be nice if we bought bitcoin a few years ago where we sell it now at a more fantastic price but we don't know about the price that will go up like this but if you buy bitcoin at this time of course it will take a very long time to invest at least for a fairly long term, such as for example we have to keep the asset 10 years in the future and even that does not guarantee an increase in the price of bitcoin at that time
You can buy bitcoin from the profits made through selling bitcoin, but even if your long term goal is to buy and hold bitcoin, don’t buy any altcoin unnecessarily without proper research. You should also have a clear exit strategy so that you can sell the altcoins at the right time and save yourself from going into loss. I prefer to buy bitcoins when there’s a dip. I don’t wait for the price to go very low but if it goes I buy some more.
I personally suggest you to not buy BTC without any strong strategy because it worth too much and if BTC get dip or crash you can get bigg loss. So buy Bitcoin with strong trading strategy to get profit.
Personally, I buy it when I feel it a good time to buy at the cheap price and I think everyone has a different time to buying bitcoin. it all depends on the plan of each individual in buying bitcoin for get the profit. Buying bitcoin and selling it at the right price will give you big profits. so as much as possible as a bitcoin lovers we must be able to manage it properly because if we have bitcoin but can't manage it well, then we will only get a loss.
as long as you hold on to bitcoin, it is certain that no losses will occur because bitcoin will always move up and if it goes down due to corrections and that's normal, but every 4 years (halving period) it is certain that a renewable ATH will be formed. it just takes patience to wait and of course a large enough fund because the price is quite high and requires no small sacrifice.actually at any time if you have funds you can buy bitcoins but it will be even better when bitcoin is experiencing a very deep correction at a time like now, although sometimes it still increases again.
Personally, I buy it when I feel it a good time to buy at the cheap price and I think everyone has a different time to buying bitcoin. it all depends on the plan of each individual in buying bitcoin for get the profit. Buying bitcoin and selling it at the right price will give you big profits. so as much as possible as a bitcoin lovers we must be able to manage it properly because if we have bitcoin but can't manage it well, then we will only get a loss.
What is your strategy to buy bitcoin?
My strategy is that whenever I have free cash I invest in BTC only. Apart from that I circulate my crypto investments by selling when I see my target BTC price and buying whenever there is a dip. This strategy requires patience but it has never betrayed me. 5 years since I started my crypto investment, I can proudly say that I am in profit.
It is a very good strategy, especially when the dip occurs, the dip is always a great strategy to buy, more now that everyone expects BTC to reach $ 100k it is likely that many are waiting for that target, however the trend is to fall, and if the fall is strong, the purchase is greater, for me, assuming that the price is below its last ATH, it is a very good strategy, because at some point the BTC will always grow more than its last ATH, so all growth will be of safe profit, it is not known when, but the safe investment for me is BTC.
At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?
For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?
Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?
What is your strategy to buy bitcoin?
The question of when and what amount of Bitcoin to buy depends on the investor and why they are buying, whether for a short time holding or long time holding or just to make few profits and leave the market with fear of losing what they had gained. If you are buying larger quantities of Bitcoin , then I believe you are holding for a long time vice versa.For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?
Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?
What is your strategy to buy bitcoin?
Everyone has different strategies and goals when investing in Bitcoin. So for investors who invest in Bitcoin for long-term, they can buy at any time
when they do have extra money. Because for investors who want to invest in Bitcoin for the long term usually have a very high price target to achieve.
So there is no need to be afraid to buy Bitcoin at high prices, because their target is much higher. Then investors who will invest in Bitcoin short term,
this is what I think is more difficult and they have to be careful in determining when is the right time to buy Bitcoin. Because they really have to wait
for the Bitcoin price to drop and have to quickly sell it when it's profitable. Usually the profit target for short-term investments is around 3%-5%,
it does look very small, but if accumulated in a month will be very large profits generated. So ask ourselves, more suitable investment in the short
term or long term investment. Because only we know what is best for ourselves.
I am new in Crypto and i am learning about trading and strategies of trading. When I will learn all about Trading then I will buy Bitcoin and trade it. For future plans.
At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?
For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?
Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?
What is your strategy to buy bitcoin?
The question of when and what amount of Bitcoin to buy depends on the investor and why they are buying, whether for a short time holding or long time holding or just to make few profits and leave the market with fear of losing what they had gained. If you are buying larger quantities of Bitcoin , then I believe you are holding for a long time vice versa. For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?
Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?
What is your strategy to buy bitcoin?
What is your strategy to buy bitcoin?
My strategy is that whenever I have free cash I invest in BTC only. Apart from that I circulate my crypto investments by selling when I see my target BTC price and buying whenever there is a dip. This strategy requires patience but it has never betrayed me. 5 years since I started my crypto investment, I can proudly say that I am in profit.
Honestly, it is difficult to predict when it will be a benificial dip especially if you are new to trading. I still have those panic events where I targeted a percentile and bought some and it continued to dip. I was like damn, should have waited a bit more. But hey, patience what we need. Just manage the rest.
in my case I buy bitcoin based on technical analysis such as:
i expect the price to hit a strong support like $44000 and i expect to see reversal and buy, in case the price breaks the $44000 then i would expect the price to drop to $41500 to $42000 and have reversal and i would buy. I don't buy randomly just because the price always goes up, I don't
Yes technical analysis in making choices in a market like this can be really helpful. I also make use of technical analysis and I’m not the type that will just decide to buy at anytime. Although I do switch up my strategy or the way that I invest in the market.i expect the price to hit a strong support like $44000 and i expect to see reversal and buy, in case the price breaks the $44000 then i would expect the price to drop to $41500 to $42000 and have reversal and i would buy. I don't buy randomly just because the price always goes up, I don't
Sometimes I can decide to invest just at once, and that’s when I feel this technical analysis is most important to me, because I would like to get in at the right time. Then, there are times I would decide to go with dollar cost averaging, which is the method whereby I will have to just keep investing a particular amount every day or week, and as time goes on the amount will increase in my wallet, at this point I don’t really worry much about making use of analysis, but I just keep going, although the first time I might like to do the analysis to know whether the market is down for my starting point, and whether I should go with it or not.
in my case I buy bitcoin based on technical analysis such as:
i expect the price to hit a strong support like $44000 and i expect to see reversal and buy, in case the price breaks the $44000 then i would expect the price to drop to $41500 to $42000 and have reversal and i would buy. I don't buy randomly just because the price always goes up, I don't
i expect the price to hit a strong support like $44000 and i expect to see reversal and buy, in case the price breaks the $44000 then i would expect the price to drop to $41500 to $42000 and have reversal and i would buy. I don't buy randomly just because the price always goes up, I don't
Banks want you to keep your money in banks. Why? Because banks lend your money at interest to other people and businesses. If all people withdrew money from banks now, the house of cards would quickly collapse and the crisis and hyperinflation would come
Similar example 2008 years.
Keep your money 💷 💵 in bitcoin and you will be your own bank 🏦
Many thanks for watching
Similar example 2008 years.
Keep your money 💷 💵 in bitcoin and you will be your own bank 🏦
Many thanks for watching
I only buy on a bull cycle based on accumulation at the buy point less than the amount of capital bought at the origin. And conversely, I buy more when the market makes a new dip with more capital than the original price point.
I also do the same, I personally chose to buy more bitcoin during dips when there’s clearly a bull cycle. I have tried to buy during bear market, it’s good, I have reaped what I have sowed. But in reality, it is for those who have strong heart, patience and faith that price will increase in the coming days regardless of continuous drops in value.
ya.ya.yo!
To buy bitcoin at this time we have to spend quite a lot of capital, then the best way to get bitcoin of course we have to follow the reward that pays by using bitcoin, and we can also collect from investing in altcoins that have the potential and profits that we get directly we make bitcoin as a future asset, then in this case we need a long time, But if we have more savings in everyday life then it never hurts to buy bitcoin as a future asset.
I think our opinion is that we buy bitcoin at any time and it is not affected by time as it is at the present time because the effect of bitcoin is about a price that tends to go up and down but for me it is better to buy bitcoin at an expensive price than having to buy a cheap one because with If you buy an expensive price, then automatically the sale will be expensive too, especially considering that currently bitcoin is still so unstable, I think it is also influenced by a miner to buy bitcoin.
Well buying is actually based on the availability of assets.
If assets are not available then wether the price is low or high it doesn't matter but still if we are talking about graphs then the most appropriate time to buy is when everyone is selling. Means when due to some dump or corrections in bitcoin price people panic and start selling so you should buy because it's the time when BTC will start rising up.
If assets are not available then wether the price is low or high it doesn't matter but still if we are talking about graphs then the most appropriate time to buy is when everyone is selling. Means when due to some dump or corrections in bitcoin price people panic and start selling so you should buy because it's the time when BTC will start rising up.
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