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Topic: When is the right time to buy bitcoin before the halving? - page 3. (Read 487 times)

legendary
Activity: 3248
Merit: 1402
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Bitcoin is too volatile to be seriously analysed like that. There's a pretty strong tendency for Bitcoin to recover from the bear markets and surpass the previous ATH point, but the ups and downs in between are unpredictable.
I personally don't think that this is it and Bitcoin won't go below $30k. But I also think that the 15% difference isn't that high, $30k is still a good price, as it's less than half of the previous ATH point.
legendary
Activity: 2590
Merit: 1022
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I know you're looking to find the best time and lowest price to buy bitcoin because that's what everyone wants, but so far, I haven't seen anyone able to do that. Because Bitcoin is unpredictable, there is no best time to buy bitcoin. Bitcoin is trading at $30k, and no one can guarantee it will fall back, and no one can guarantee it will keep going up, no one knows. So buying whenever you can is the best time.

History does not represent the future, and there is no guarantee that the past will repeat itself in the future. So I don't think, based on all the data from the past, you will find the answer to your question. Remember that everything is relative, and don't miss an opportunity just by focusing too much on the past.
member
Activity: 476
Merit: 60
Bitcoin has been in a bear market for a long time and I don't think you should be surprised by bitcoin going up in price the way it is now so if you want to buy btc you should consider it so you don't suffer losses but if you don't dare to buy now of course you have the potential to miss out train when other people have bought while you are not buying, so buying btc now is very risky because there is a possibility that the price of btc will drop again, that's how people who want to buy btc now have to be prepared to take the risk, but for long term investment of course there is no worry because btc the future has the potential to increase.

but the decision is yours.
sr. member
Activity: 2828
Merit: 357
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As of June 22, bitcoin finally managed to be at > $ 30,000 [1], no one knows whether this is just a trick from the whales who want to trap us so that we think this is the right time to buy bitcoin. With reason fear of that happening, i tried to dig into the bitcoin price history data at CMC, after i got the data, i found that there was some missing data there.

So, i just want to ask anyone here who has data on the monthly price of bitcoin before the first halving happened (November 28 2012), this will not only help me, but also help others to be aware and understand the current situation. After getting the data later, i will do my personal analysis and present it here too, thank you.

[1] https://coinmarketcap.com/currencies/bitcoin/
everyday from today till halving happens , that is the best and perfect timing to purchase mate because it is near to come , we are almost in the year of halving so every seconds spare this time is the best possibilities to perform buying.
let me remind you that most of the failed investors happen when they hesitate to purchase .
when the market is going high and low like this 2023.
try not to become one of them mate since you are good in market analyzation so why has this kind of thinking.
forget other things , buy everything yo can afford now before its too late like what felt from their hesitation in all those halving and bullrun coming.
legendary
Activity: 2576
Merit: 2880
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So, i just want to ask anyone here who has data on the monthly price of bitcoin before the first halving happened (November 28 2012), this will not only help me, but also help others to be aware and understand the current situation. After getting the data later, i will do my personal analysis and present it here too, thank you.
The best thing would be buying something every month, in that way you can get an average price. The crypto world is changing, and it's changing quickly, so I don't know how much you can trust info from 3-4 years ago or even more. Now there is a country that adopted BTC, there are ETFs that are probably going to be approved, all things that before last halving were hard even to imagine... Don't try to buy at the bottom, it's pretty much impossible, if you're happy with the price just go otherwise you're going to end like those who are still waiting BTC at $5k...
legendary
Activity: 2282
Merit: 3014
As of June 22, bitcoin finally managed to be at > $ 30,000 [1], no one knows whether this is just a trick from the whales who want to trap us so that we think this is the right time to buy bitcoin. With reason fear of that happening, i tried to dig into the bitcoin price history data at CMC, after i got the data, i found that there was some missing data there.

So, i just want to ask anyone here who has data on the monthly price of bitcoin before the first halving happened (November 28 2012), this will not only help me, but also help others to be aware and understand the current situation. After getting the data later, i will do my personal analysis and present it here too, thank you.

[1] https://coinmarketcap.com/currencies/bitcoin/

I don't think you're going to be able to gain any sort of tactile advantage by looking at the price history of bitcoin around the first halving. Bitcoin was a very different thing back then, and this recent price rise is about a lot more than just the upcoming halving.  There's a lot going on in the new, like the stuff with Blackrock /ETF.

As always, I suggest buying using a dollar cost averaging.  There's nothing wrong with making some of those routine payments a little fatter if you think things are going to take off..but DCA is really always the way to go if you're worried about big losses from trading.
member
Activity: 470
Merit: 61
indeed if we are interested in buying btc it would be better if we buy at a lower price, for example btc is in the range of $19k then it will definitely be even better, but I think that for now it will be difficult for btc to fall to a low price like $19k because The bitcoin halving is just around the corner so in this case it's up to you whether you want to wait for the btc price to drop far or not? if you want to wait, yes, happy waiting.

Or it could be if you are interested in investing in BTC, do the DCA system in purchasing BTC.
legendary
Activity: 3234
Merit: 1214
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We can't be sure of a certain time period as the right one to experience success out of buying bitcoin. Based on what I've come across whenever there is crash in the market we should have the understanding to invest what we were able to do. This can be small fund or big, which isn't a matter. Because people used to regret after they miss opportunities. When the market used to experience a downfall, they find this to be fearful and stay away from investing. When it comes to bitcoin one should have the trust as well as the ability to hold with patience.
legendary
Activity: 3122
Merit: 1102
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I think the best time when to buy Bitcoin is when it's price is at its lowest price as of this time before the price will increase again (like reaching ATH) if you want to earn profit within a span of short time. As they have said, it is the same as what I said that this time is when it is a good time to buy BTC. We won't know and even expect that BTC will reach the ATH again.
Many people actually think the dip is actually bad, but in a right sense the dip is actually the most favourable time to buy let's look at the massive dip that happen to the market at the 2022 which gave chance to many investors to actually buy at that low price and if actually you bought back that time by now you must have gotten some nice profits to actually capital you used in buying.

the dilemma of some buyers at the dip is when will it go up again. because they have short-term plans as they need the funds, they are hesitant to buy more as there is no concrete timeline when they can get back their funds.
but if you have the leeway to wait, you can always buy whenever you think is favourable to you. as it sits, there's no right or wrong time in buying some satoshis. so long you know what you're getting into and know how to strategize to take advantage of this market, there's nothing to worry about.
hero member
Activity: 1680
Merit: 987
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As of June 22, bitcoin finally managed to be at > $ 30,000 [1], no one knows whether this is just a trick from the whales who want to trap us so that we think this is the right time to buy bitcoin. With reason fear of that happening, i tried to dig into the bitcoin price history data at CMC, after i got the data, i found that there was some missing data there.

So, i just want to ask anyone here who has data on the monthly price of bitcoin before the first halving happened (November 28 2012), this will not only help me, but also help others to be aware and understand the current situation. After getting the data later, i will do my personal analysis and present it here too, thank you.

[1] https://coinmarketcap.com/currencies/bitcoin/

I suppose you can buy BTC at anytime you want, since BTC is for long-term hodling, so it's nearly impossible to get a good profit with btc in a short period of time. So I think halving is not so important, moreover, halving can start without preceeding bear market.
member
Activity: 665
Merit: 10
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When the btc price goes to down then you should bought btc for best time. A dip price not a bad for investors but it can make big profits. I was bought btc when the price was under 20k but now it has rising 30k so you can justify now i am in good profits.
sr. member
Activity: 546
Merit: 342
I think the best time when to buy Bitcoin is when it's price is at its lowest price as of this time before the price will increase again (like reaching ATH) if you want to earn profit within a span of short time. As they have said, it is the same as what I said that this time is when it is a good time to buy BTC. We won't know and even expect that BTC will reach the ATH again.
Many people actually think the dip is actually bad, but in a right sense the dip is actually the most favourable time to buy let's look at the massive dip that happen to the market at the 2022 which gave chance to many investors to actually buy at that low price and if actually you bought back that time by now you must have gotten some nice profits to actually capital you used in buying.
hero member
Activity: 770
Merit: 538
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When is the right time to buy bitcoin before the halving?

No one can accurately tell you what the price of Bitcoin will be in every passing month, before or after the Bitcoin halving next year. You are likely to get some predictions that might not really be 100% accurate. As it is now, I am speculating that the Bitcoin price could get to $100k when the bull market starts before or after the next halving, but I am not correct about the price, just as no one currently is. But if the Bitcoin price gets to $100k in the next bull run, that will be a hell of a profit for you if you buy now. If you have a lot of capital to invest, then DCA is what you can be preferable to start accumulating, so that even if the price drops, you will still have some capital to invest.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺
hero member
Activity: 2268
Merit: 669
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I think the best time when to buy Bitcoin is when it's price is at its lowest price as of this time before the price will increase again (like reaching ATH) if you want to earn profit within a span of short time. As they have said, it is the same as what I said that this time is when it is a good time to buy BTC. We won't know and even expect that BTC will reach the ATH again.
hero member
Activity: 1022
Merit: 600
The title of your thread in some way has answered your question, however, we have different reasons for buying or investing in Bitcoin, and as well we have different time frames wherein we would like to take a profit out of the market. some are short-term, mid-term, and long-term market participants. For the long-term holder it wouldn't matter where he or she got in so far in the long run will realize a profit.

 If you ask me, There is no specific time meant to buy Bitcoin, but getting in before every Bitcoin's halving makes much sense, basically during the bear market cycle.
full member
Activity: 1092
Merit: 227
There is missing data? That can’t be true. There are hundreds of Website who has similar API running and it wouldn’t be that hard to catch the glitch. As of now there is no fixed time to buy the bitcoin before halving. However there is big logic behind the entry points and that’s DCA. You should have bought the bitcoin way earlier than this price because it was simply discounted and could have kept the price below 27-28k range with the above mentioned method. The trick is to keep buying the bitcoin at lowest price possible and get most out of it once it goes through halving mania. Anyways as we approach it the price will keep rising now. Better get wallets ready to synch with chain soon.
hero member
Activity: 700
Merit: 577
I don't think the whales are tricking us. This little push started since last month, and this can not determine when to buy. This is not the first time, this has been discussed. If anyone like and want to invest in bitcoin this is the best time. The halving will come before the next bull and the next bull will come next to after next and this is the third quarter of the year 2023 and which means the halving is very close now so everyone that is into investment package should started storing their wallets with heavy coins.
sr. member
Activity: 2114
Merit: 309
Bitcoin time halving on April 26, 2024 and seems still left 9 months later before halving time, I don't sure right now is the best moment to buy Bitcoin due have many bad news later. But if you want to buy Bitcoin not all in right now and spent few percent from your capital for buying few percent. You can spent about 10% for every time buy Bitcoin and not purchase with all your money buy Bitcoin because still left nine months later before halving time.

Seems before three months from halving its good ideas to buy bitcoin and you can start today spent few percent for investing in bitcoin but not recommended if you all in right now after bitcoin back above $30K.
sr. member
Activity: 2590
Merit: 452
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If you believe in the events or trails that bitcoin will repeat, you shouldn't care about when is the right time to buy bitcoins. And you would buy it as long as the bitcoin price is below ATH, and even better if you buy it below 50% of ATH and hold it for the long term to achieve what you believe to be a bitcoin event or trail.
and what you should know is that bitcoin is not easy to predict because decreases and increases in bitcoin prices can occur due to various factors that we have never known before, and this must be anticipated because even if there is an increase sometimes it may not happen as expected.
And for me investing in bitcoin by investing long-term is the best choice and just waiting for the price to meet expectations with patience and strong faith, and always take advantage of free time to collect bitcoins or carry out the DCA strategy and sell it back if the price has reached your expectations.
hero member
Activity: 1624
Merit: 791
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Don't make it complicated and make your goal simple if you want to enter before Bitcoin Halving. Ignore the thought that whales might manipulating the price and start buying at any price below ATH because you can surely enter on the Bitcoin market if you do this since you will not be afraid on your purchased.
There are still many things that make it complicated for them when to buy bitcoin with thoughts like this is the panic that they will feel and always think of others, not even necessarily that there is price manipulation in the market, I don't know if he wants to get the lowest price or he is hit by hype because the price has already gone up, I think this is still the right time for halving, still in less than 1 year, this is still far from the estimated price, so he has to think more clearly, he shouldn't think about the price while it's still below $40K.

You will always be scared making your Bitcoin purchased if you will think complicated on what's happening behind while history of Bitcoin price suggest that it always pump during and after Bitcoin halving. DCA and start storing sats now while the price is still on the recovery phase since ATH.
That's what makes me believe with the history of the 4 year bitcoin cycle where price will continue to increase and we look forward to even higher ATH so I don't think long and look back with bitcoin prices because there has always been a principle to continue to buy bitcoin the DCA way this will buy at an average price later because with this method it will be simple enough for us to collect bitcoins.
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