When to buy one time off bitcoin. - page 6.

Minor Miner

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Quote from: uchegod-21 on April 21, 2023, 01:00:16 PM

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

Bull run happens few months or weeks to halving
Or it happens few weeks or months after halving
Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

A real bull run will only happen sometime after the halving, the bulls don't appear immediately or before. If I remember correctly, a year after the halving, real bulls will appear. There is no exact time for you to buy bitcoin, and if you didn't buy bitcoin when it hit $15k last year, I could say you missed the bottom, missed bitcoin's lowest price. Not only you, but all of us want to buy at the lowest price to enjoy the highest profit, but unfortunately, no one knows where the bottom is and which is the top until it passes.

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Quote from: uchegod-21 on April 21, 2023, 01:00:16 PM

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

Bull run happens few months or weeks to halving
Or it happens few weeks or months after halving
Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Bitcoin halving only gives you one side sentiment which is a positive impact on the movement of its price and according to you is a possibility of next bull run. If you want to be precise, have more confluence such as market correlation, fundamental analysis, htf chart analysis, medium and high impact news, and seasonal tendencies.

Not only that, be clear and honest of why do you want to engage in the market.
As what I am seeing, you are asking where you can buy in lowest price and sell in the highest high for the most probable profit, which is absolutely foolish. That's not a plan.
A plan must exist how much you allow your self to lose money, how long can you afford to be in drawdown, what RR will take profit and partials.
And as always accept the risk.

You are here to make money, and not to be right in your analysis. Understand the difference and act accodingly.

Quote from: Tytanowy Janusz on April 21, 2023, 01:13:26 PM

Man. Its 1 min google search:

https://www.coinmama.com/blog/the-bitcoin-halving-a-history/

Just type "BTC halvings on bitcoin chart" in google search, and you will find a lot of such charts.

But to be honest, BTC halving is a bit of an overrated signal to buy. Adoption and economic turmoil are having a much stronger impact on the price than 4th halving.

As I said there are much more things that impact price movements, the halving is only one of those. Wars, new electronic money, epidemic, market narrative, seasonal tendencies. Plan ahead. Don't gamble.

Dave1

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Quote from: uchegod-21 on April 21, 2023, 01:00:16 PM

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

Bull run happens few months or weeks to halving
Or it happens few weeks or months after halving
Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

That is the big question, we never really know if it will drop to $20k or just continue to march on $30k+ although we just had some minor corrections right now. As far as my experience goes, it usually take months after the halving that we can see the price going up parabolic and make that tremendous gain.

For 2020, we start the year at $7k and then finished as around $29k give or take. So that is 300% increased on the halving year alone. Not counting the eventual all time high of $69k in 2021 November.

romero121

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I'm not sure, but the market is supposed to experiment the $20k margin close to the days of halving. It is something assured that the price of bitcoin will reach the peak price during the days of halving and we can't be sure when this happens exactly. OP doesn't want to go with the DCA strategy, maybe waiting for some time period seems to be the better choice.

If the price reaches the top during the months before halving, then the halving needs to push the price to next level. For which there used to be drag down and further growth in the market. Maybe on such occasion one can buy Bitcoin.

Rigon

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Quote from: uchegod-21 on April 21, 2023, 01:00:16 PM

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

Bull run happens few months or weeks to halving
Or it happens few weeks or months after halving
Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

The Bitcoin market may not return to $20,000 again. Because we are heading into bull season. Actually my bitcoin invested in high market. I am slowly moving towards recovery. I currently have no deposits to invest in the high market. If I had the money right now I would buy bitcoin and invest it. I used to invest based on the current market. I used to invest and wait for a long time until the market halving. I would never miss this ample opportunity.

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Quote from: uchegod-21 on April 21, 2023, 01:00:16 PM

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Perhaps you've read or seen discussions on this forum regarding bitcoin heading for another bearish trend before a correction and the next surge. These are all wild speculation, and you never know what will happen next. Just as the way bitcoin is volatile, so people speculate without certainty, and some of their predictions turn out to be incorrect.

Quote from: Nwada001 on April 21, 2023, 01:10:58 PM

So next year, which is to make it the 4th year after the last halving, the price increase can just happen on or before it. If you really don't want to miss the bull run, I advise you to start accumulating as much as you can and not just wait to know the exact time the price will pump up.

Since the OP likes to avoid DCA and make a one-time purchase, accumulating from now will be conflict with his preference for a one-time purchase. He simply wants to know the best time to buy before the bull run. Because he's avoiding DCA, now is the moment for him to make that one-time buy. Although the price may rise or fall, there is no better time to invest than when you have the finances.

pawel7777

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Quote from: uchegod-21 on April 21, 2023, 01:00:16 PM

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Each halving will have much less impact than the previous one, and if things rarely pan out the way that everyone expects them. After all, if we could predict such things with 100% - we'll all be rich - and that's impossible,

No one has a crystal ball to answer your question, but if you're confident that bitcoin will go up again and will at least reach its previous ath, then waiting for the potential dip makes little sense. You could buy now and still enjoy great gains if your prediction comes true. Waiting for the dip could backfire. Don't try to time the market perfectly, that's not possible.

serjent05

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It is quite hard to choose the right time to buy but I would agree with @thecodebear, now is the right moment since we do not know what will happen later, there is a possibility of the price uptrending and never touching the current price again.

DCA is the most reasonable approach but since you don't want to DCA then you should take the risk of buying it either now or accept the consequence of buying at a higher price in the future.

Quote from: uchegod-21 on April 21, 2023, 01:00:16 PM

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

No one knows precisely but and we have here is just speculation

thecodebear

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OP if you just want to make a single Bitcoin purchase you should be buying right now. You don't want to wait.

The bear market just ended a month ago, so very little chance it goes down from here. Especially since it is correcting a little bit right now. This week / next week may very well be the lowest it ever is from here on out.

Within a few months it'll probably be in the $35k-$40k range. A year from now when the halving happens it'll likely be double the current price or maybe even higher.

If you want to only buy once and try to get the lowest price the only intelligent answer is to buy right now because the bear market just ended so the price will in general be going up from here on out. Within a few weeks the price may never be below $30k again, and it is currently just under $28k. So buying today would be just about as good as you can possibly do.

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Quote from: uchegod-21 on April 21, 2023, 01:00:16 PM

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

Bull run happens few months or weeks to halving
Or it happens few weeks or months after halving
Or it happens simultaneously in the week or month of halving

Give it an estimate for months to a year. That's when the bull run likely is going to happen but then, this is bitcoin that's all volatile and we're just relying on the cycle. But then, we don't know exactly when it shall because the trend could change unexpectedly and that cycle could or could not be followed.

Quote from: uchegod-21 on April 21, 2023, 01:00:16 PM

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Possible and if you don't like to do DCA then set a price when you should buy and that's the one that must be followed then. If so, while the price may increase in the near future, that's the reason of setting a low price that you think is totally fine to start buying.

Tytanowy Janusz

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Man. Its 1 min google search:

https://www.coinmama.com/blog/the-bitcoin-halving-a-history/

Just type "BTC halvings on bitcoin chart" in google search, and you will find a lot of such charts.

But to be honest, BTC halving is a bit of an overrated singal to buy. Adoption and economic turmoil are having a much stronger impact on the price than 4th halving.

Nwada001

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Bitcoin halving is just there to aid price impact; it's not necessarily the major reason for price increase; it's just that Bitcoiners have so much faith in Bitcoin halving and the role it will play in reducing the total supply, but bit by bit. So price increases can happen anytime, even before the halving or some days after the halving; it all depends on how positive people are towards them. I guess the last halving triggered a bull run roughly just a day later by 15–18% (just an assumption).

So next year, which is to make it the 4th year after the last halving, the price increase can just happen on or before it. If you really don't want to miss the bull run, I advise you to start accumulating as much as you can and not just wait to know the exact time the price will pump up.

uchegod-21

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BTC, a coin of today and tomorrow.

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

Bull run happens few months or weeks to halving
Or it happens few weeks or months after halving
Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Topic: When to buy one time off bitcoin. - page 6. (Read 806 times)