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Topic: WHEN DO YOU BUY BITCOIN? - page 4. (Read 1101 times)

sr. member
Activity: 1344
Merit: 253
December 05, 2021, 02:31:20 AM
the first thing we do before buying bitcoin is our purpose in buying it, whether for investment or trading. if it's for investment, then a good time to buy is when we have more money that doesn't interfere with our needs, and whenever it's a good time, and it would be even better if we buy it when there is a correction like today. it's different if we aim to trade, of course buying bitcoin must be done with careful analysis first
full member
Activity: 840
Merit: 105
Buzz App - Spin wheel, farm rewards
December 05, 2021, 01:25:42 AM
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 right time to buy bitcoin is when the price of bitcoin drops very much as is happening at this time. Now that Bitcoin and altcoin prices have fallen so deep, we can take a chance at a time like this. Usually after a very deep price drop after that there will be a very high price increase, investors will celebrate all the profits they get. Don't wait to buy Bitcoin and Altcoin when the price drops, I myself have bought bitcoin and a few Altcoins for me to hold until the market price recovers.
legendary
Activity: 2576
Merit: 1875
Leading Crypto Sports Betting & Casino Platform
December 05, 2021, 12:12:21 AM
I have a criterion, if BTC is below its last ATH it is cheap to buy, I also have a conviction BTC will reach $ 100k, even more, so whoever buys at this time will have a substantial profit when the movement occurs, in fact the Move may be soon or maybe 2022 but I know it will have that price, only some Wall Street analysts have claimed that BTC will hit at least $ 150k, and apart from these claims I am closely following PlanB and their incredible prediction.
full member
Activity: 1708
Merit: 105
December 04, 2021, 11:53:04 PM
I've never bought bitcoins because I don't have enough money to buy one bitcoin. I'm currently trying to raise money to buy bitcoins, hopefully my money will be collected quickly to buy bitcoins.
indeed you will always have problems if you want to buy bitcoins in their entirety, because we know the price is already quite high. but we can do the reverse, how much we have funds and buy it according to the amount of funds we have and save it to continue to be combined with other purchases. it is certain that it will be achieved one day will be at least close to the maximum number. always keep trying because obviously there are many challenges to do something like this.
full member
Activity: 694
Merit: 108
santacoin.io
December 04, 2021, 06:53:18 PM
I think the best time to buy bitcoin is when the market fall down; they say buy low and sell high. Most of the smartest investors still use the method of "Buy the Dip" and sell when market go  the market won't go down forever. when there is a market correction the recovery will follow, it is a matter of time.   
member
Activity: 434
Merit: 11
December 04, 2021, 01:48:11 PM
Well!
Its time to buy bitcoin because bitcoin is in big dipp and now it will pump and break all old records in few months so let invest and trade.
 Bitcoin in this dipp.
hero member
Activity: 2688
Merit: 588
December 04, 2021, 12:53:23 PM
I've never bought bitcoins because I don't have enough money to buy one bitcoin. I'm currently trying to raise money to buy bitcoins, hopefully my money will be collected quickly to buy bitcoins.
Yeah, I get this kind of difficult situation where you would want to invest your money in cryptocurrency, but for the fact that you have other problems that you have to solve, you end up not being able to raise up funds for you to invest. I used to be in that kind of situation, and I kept missing a lot of opportunities, until one day I decided to open a target savings account: where I can save money and not have access to it until the period I have set. Sometimes about three months or so, and I strictly saved the money, although it wasn’t easy.

After sometime I was able to raise up a good amount and then I had to still wait for the right time for me to invest that money. Luckily I did invest at the right time and it worked for me. I’m really happy that I did. So, I’d advise you to take calculated risk, and make sure that you’re investing your cryptocurrency at the right time.
sr. member
Activity: 1876
Merit: 318
December 04, 2021, 09:28:17 AM
I've never bought bitcoins because I don't have enough money to buy one bitcoin. I'm currently trying to raise money to buy bitcoins, hopefully my money will be collected quickly to buy bitcoins.
why have to wait for your money to 1 bitcoin to buy it? I think things like this only make you fall behind here because you are just in the mood but don't want to buy it with the excuse of wanting to buy 1 bitcoin. Come on, friends, this is not the concept of investing. you have to come up with something logical for something like this.

To be able to invest in Bitcoin, we don't need to buy 1 BTC, we can buy Bitcoin fractions according to our respective financial capabilities.
Because if we collect money first, then buy Bitcoin, we have may never be achieved to be able to buy Bitcoin, as we know Bitcoin price increases
very fast. So never put off buying Bitcoin, and don't force it to buy 1 BTC right away. If we routinely buy Bitcoin fractions, then the fractions of
Bitcoin that we have bought if collected someday can be collected into 1 BTC. That's why Bitcoin is very popular, because Bitcoin is not only for the rich,
but the poor can buy Bitcoin too.
full member
Activity: 1092
Merit: 106
December 04, 2021, 07:57:04 AM
I've never bought bitcoins because I don't have enough money to buy one bitcoin. I'm currently trying to raise money to buy bitcoins, hopefully my money will be collected quickly to buy bitcoins.
why have to wait for your money to 1 bitcoin to buy it? I think things like this only make you fall behind here because you are just in the mood but don't want to buy it with the excuse of wanting to buy 1 bitcoin. Come on, friends, this is not the concept of investing. you have to come up with something logical for something like this.
member
Activity: 364
Merit: 10
December 04, 2021, 06:43:18 AM
Learning from the past, even though bitcoin experienced a sharp decline like in 2018 but was finally able to reverse it in 2020. I think investing in bitcoin will not lose if you have patience and high market analysis, because the value of btc always moves up from year to year. although it has experienced many declines, its value is not as significant as the increase experienced by bitcoin.
Moreover, today the value of btc is down to 18%, this is a good opportunity to buy. But it must be remembered that invest in btc with money that is completely safe to invest in.
member
Activity: 476
Merit: 12
December 03, 2021, 02:12:23 PM
From experience the best time to buy bitcoin is when there is serious downtrend. If you are opportune to see -30% invest and make sure it is your spare money to avoid panic when it do not pump at the expected time.
hero member
Activity: 1526
Merit: 597
December 03, 2021, 02:03:41 PM
at this time maybe the price of bitcoin is still not stable but to buy bitcoin I don't think you need to wait for the right time because bitcoin is a long-term investment so it doesn't have to take special time to buy bitcoin maybe bitcoin is currently experiencing an unstable price but for me buying at a high price is better than buying it at a low price, because buying at a high price we will also sell at a higher price
It doesn't sound logical, I can't explain why buying high is better than buying low according to your analysis, maybe luckily we will sell at a higher price but it cannot be denied a case where the price will be much lower and once below our psychological threshold, fear and selling are certain in psychology. What I appreciate is that you also know that bitcoin is not the holy grail and it takes time to fill our ambitions, the right buy is to buy at even lower prices, prices below the psychological threshold of everyone in the market, if you fall into this situation, what you should do is keep your hands tight and don't let your Bitcoin loose

Well said. It also depends a lot on the market sentiment that one can perceive. So even if it drops to a certain price where you initially thought you would buy into Bitcoin, you could also change your mind in the last second because you see bad news everywhere and you are quite confident that it will even go lower. Setting precise price points isn't always. the way to go about purchase decisions. It is often much more than that. The media, forums like this where discussions take place.
member
Activity: 119
Merit: 46
December 03, 2021, 01:40:55 PM
I just buy when market is good. If btc is so volatile I don't take any entry. If you wants to make profit in day trade just analysis the chart. If you wants to made investment then just do it for long time it will give you profits sure
hero member
Activity: 1316
Merit: 502
December 03, 2021, 10:59:28 AM
at this time maybe the price of bitcoin is still not stable but to buy bitcoin I don't think you need to wait for the right time because bitcoin is a long-term investment so it doesn't have to take special time to buy bitcoin maybe bitcoin is currently experiencing an unstable price but for me buying at a high price is better than buying it at a low price, because buying at a high price we will also sell at a higher price
It doesn't sound logical, I can't explain why buying high is better than buying low according to your analysis, maybe luckily we will sell at a higher price but it cannot be denied a case where the price will be much lower and once below our psychological threshold, fear and selling are certain in psychology. What I appreciate is that you also know that bitcoin is not the holy grail and it takes time to fill our ambitions, the right buy is to buy at even lower prices, prices below the psychological threshold of everyone in the market, if you fall into this situation, what you should do is keep your hands tight and don't let your Bitcoin loose
legendary
Activity: 2128
Merit: 1775
December 03, 2021, 09:29:10 AM
What is your strategy to buy bitcoin?
There are hundreds of ways and methods to buy Bitcoin be it me or someone else.

For me there are several ways to buy Bitcoins and when do I buy them.
First: if I count the years I bought, what I remember is 2016 and until now, when I bought it, of course, when the price went down.
Second: (Dollar Cost Averaging) this kind of method has become a routine every month 3% of salary is invested, but not in Bitcoin part, what is certain is that another part of crypto that is cheaper and has appeal in the crypto market, you can say long term.
Third: the return on investment (DCA) of course I prioritize partly to buy Bitcoin.

That's my history about Bitcoin.
hero member
Activity: 2170
Merit: 530
December 03, 2021, 07:36:02 AM
If you bought it in 2 years ago surely you have become rich if you did invest a good amount of your fund .Btc is always touching its magical figure again and again .So it is so tough to suggest someone where to buy it .I always follow if it is goes to the dip buying 20% of my account and if it goes even more dip i add more on it .I never sell it on loss .I always getting profit by this over the year 21.I don't wanna suggest anyone to do like me cause it is more tough to get the market and enter and exit as well .Always try to make your own strategy and apply it with small amount hope you can adjust it with it .Remember always become patient don't make everything so hurry and exit without having some return .

Most probably those who have purchased 2 years ago and didn't sold it and hold it till this year was already rich and millionaire, if I'm not mistaken that was the time that the market of bitcoin was really saturated. However, I didn't get the chance to bought bitcoin at that time because I don't have the capacity to buy it because I'm still student who just a new joiner in crypto. Now, even if the price of bitcoin have gain a x100 compare to 2 years ago I'd still take a chance to invest in bitcoin this recently price correction and still waiting for the next pump.
full member
Activity: 1292
Merit: 101
Vave.com
December 03, 2021, 07:08:55 AM
My first entry into the crypto currency market is by the bitcoin.  This was the first coin i purchased. And after that i purchased so many coins . Approximately i purchased about 2 yeàr's ago . And i was very happy to having crypto. And being a crypto holder.
If you bought it in 2 years ago surely you have become rich if you did invest a good amount of your fund .Btc is always touching its magical figure again and again .So it is so tough to suggest someone where to buy it .I always follow if it is goes to the dip buying 20% of my account and if it goes even more dip i add more on it .I never sell it on loss .I always getting profit by this over the year 21.I don't wanna suggest anyone to do like me cause it is more tough to get the market and enter and exit as well .Always try to make your own strategy and apply it with small amount hope you can adjust it with it .Remember always become patient don't make everything so hurry and exit without having some return .
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
December 03, 2021, 06:23:13 AM
I've never bought bitcoins because I don't have enough money to buy one bitcoin. I'm currently trying to raise money to buy bitcoins, hopefully my money will be collected quickly to buy bitcoins.
No one told you to but 1 whole bitcoin that is why bitcoin is composed of Satoshis so even how much our money is we cans till avail small faction .
but the way you posted this? it is obvious that you are just here to bounty hunt and not really in any point wanted to invest.
if you really want to accumulate bitcoin then your bounty payments can be converted in Bitcoin so you can finally have your own bitcoin on hand.
My main strategy is to look for the opportunities when the Bitcoin price starts going down. When I observe it like it is stuck at some level, then I decide to buy some. I generally analyze the movements over the Bitcoin price chart and decide according to it I mean. And the external factors also are important as some news etc. can still manipulate the price.
That's all we say but when bitcoin starts to downfall most are afraid of buying in scares of going down for longer time.
member
Activity: 275
Merit: 11
December 03, 2021, 05:07:32 AM
My main strategy is to look for the opportunities when the Bitcoin price starts going down. When I observe it like it is stuck at some level, then I decide to buy some. I generally analyze the movements over the Bitcoin price chart and decide according to it I mean. And the external factors also are important as some news etc. can still manipulate the price.
full member
Activity: 1176
Merit: 100
Next Generation Web3 Casino
December 03, 2021, 05:02:50 AM
#99
I've never bought bitcoins because I don't have enough money to buy one bitcoin. I'm currently trying to raise money to buy bitcoins, hopefully my money will be collected quickly to buy bitcoins.
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