When to invest in bitcoin - page 3. | Bitcointalksearch.org

Tuturtinular

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Quote from: Blitzboy on September 03, 2023, 12:15:01 PM

You believe "HODLing" to be the easiest way out? I mean, certainly, less stress and less daily decision-making. However, remember that even a long-term strategy requires efforts. The safety of your wallet, the regulatory landscape, and technological advancements such as forks all require your attention. Long-term may be less demanding, but it is by no means "set it and forget it".

If you can "buy and forget", that's better. Most people (including me) can't forget about investing in bitcoin, I always look at bitcoin price movements, if the price of bitcoin continues to fall I will panic and rush to sell my bitcoin. If you could buy bitcoin and forget about it, I'm sure in 10 or 20 years the price of bitcoin would be even crazier. And I dream of being able to do that, so that my bitcoin investment can become a retirement fund in my old age

For bitcoin wallet security, I would probably recommend using a hardware wallet, because it's the most secure.

TelolettOm

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Quote from: Distinctin on September 03, 2023, 04:38:46 PM

As always, the best market entry when to invest in bitcoin is definitely when the prices are all bearish, meaning everything is in bargain sale.

No doubt that bearish is the best time to invest in Bitcoin. As long as the exit target is bullrun season, it is always good time to buy during the bear market. However, people want to buy Bitcoin at the cheapest price, that's why they sometime wait and see first before deciding to buy/entry. Unfortunately, Bitcoin price won't be easy to predict, it can drop and increase in a short time. But since the price already passed $30k in the last few months, I think $25k -$26k is cheap enough for entry.

Quote from: Distinctin on September 03, 2023, 04:38:46 PM

And of course, having sufficient funds is a must at least so you can maximize taking the advantage of buying low and selling high.

Each person may have a different view about 'sufficient funds'. It can be hundred of dollars or thousand of dollars. But it is very obvious that if we want to expect bigger profits, surely we must have bigger amount of money.

jeraldskie11

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Quote from: Distinctin on September 03, 2023, 04:38:46 PM

As always, the best market entry when to invest in bitcoin is definitely when the prices are all bearish, meaning everything is in bargain sale. And of course, having sufficient funds is a must at least so you can maximize taking the advantage of buying low and selling high. Moreover, with great knowledge and skills in bitcoin investment comes an over all package that you’re set to invest and be successful with bitcoin.

I agree with you, bearish market is the best time to invest. It is where people are fear, that's the best time to invest. It doesn't mean you immediately jump into a bearish market, instead you have to analyze that bearish market is going to end. Emotions can be the cause of failure and that's why we have to manage it.

But what if we are in the bullish market, can we still be able to invest?
Yes of course, but we have to accept that the risk is a little bit higher and the profit is a little bit lower compared to those who bought at the bearish market. We have to learn how to analyze the market so that we will know when to invest even we are in the bullish market.

Baki202

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Quote from: Aanuoluwatofunmi on September 03, 2023, 03:10:55 PM

If you're probably asking the right time to invest in bitcoin, then now and ever is the best time, I will go by saying this that whenever you're having money to exchange for bitcoin then you can invest, also when the market is bearish you can invest and set a target, when you discover you're a low income earner and wish to use DCA for buying gradually and accumulating it, then lastly, invest in bitcoin whenever you think you've got enough needed to make an investment with, which will help you against making mistakes.

Straightforwardly, if the money is there, I don't think anything should be standing in the way of the interested party. However, timing is also essential because some purchases are simply not wise to make if the price has significantly increased because there won't be enough profit to be made. However, if you are already in the market and the price is rising, the investor will profit. Considering that the bear is still around, you advised that if a target is marked, now is a good moment to make your move.

WillyAp

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Looking for guilt best look first into a mirror

Right now the price is OK, you might get lucky waiting should it drop, but it looks more like climbing.
Those Guys wanting to sell Bitcoin ETF once they decide to go to Mexico or Canada and file their ETFs there, the crowd won't be quite any more.

Distinctin

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As always, the best market entry when to invest in bitcoin is definitely when the prices are all bearish, meaning everything is in bargain sale. And of course, having sufficient funds is a must at least so you can maximize taking the advantage of buying low and selling high. Moreover, with great knowledge and skills in bitcoin investment comes an over all package that you’re set to invest and be successful with bitcoin.

Aanuoluwatofunmi

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If you're probably asking the right time to invest in bitcoin, then now and ever is the best time, I will go by saying this that whenever you're having money to exchange for bitcoin then you can invest, also when the market is bearish you can invest and set a target, when you discover you're a low income earner and wish to use DCA for buying gradually and accumulating it, then lastly, invest in bitcoin whenever you think you've got enough needed to make an investment with, which will help you against making mistakes.

noormcs5

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Quote from: Blitzboy on September 03, 2023, 12:15:01 PM

You believe "HODLing" to be the easiest way out? I mean, certainly, less stress and less daily decision-making. However, remember that even a long-term strategy requires efforts. The safety of your wallet, the regulatory landscape, and technological advancements such as forks all require your attention. Long-term may be less demanding, but it is by no means "set it and forget it".

Long term bitcoin holding may be less demanding because people want instant profits and they are happy to get 100$ 200$ profits on their swing or day to day trade but they miss the investment profits can be in thousands of dollars. Think that someone may buy 1 bitcoin now at 26,000$ and sell it at 30,000$ in few days / weeks time getting 4000$ profit.

But another person who bought the bitcoin at same price with an investment mindset and he may sell it in 2 years' time when bitcoin may be near 100,000$. So he will get a profit of over 50,000$ +. That is the major difference between trading and holding bitcoin. Investment is always more profitable.

qwertyup23

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Quote from: EL MOHA on August 27, 2023, 05:36:01 PM

Although the best time to buy bitcoin has always been during the dip periods or the bearish periods but I would say as long as the price is still around $30k or below it is still at its dip. So whenever you have money at hand that time is the best time to buy bitcoin and not longing for a dip in price.

Also you could utilize the the Dollar Cost Averaging method, it will be perfect for periods like this

I would argue that the best time for a person to invest in BTC is the time when they discover its existence.

The moment that you learned about the basics/fundamentals of BTC, that should be the time where you should invest your money. The opportunities and potential breakthroughs that BTC may bring is just too good for a person to ignore. By basing it also purely on its price history, you would see that its price has significantly increased on the market.

Word of advice: do not be the kind of people who invest only on BTC due to its hype without fully understanding this subject.

Blitzboy

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Quote from: Tuturtinular on September 03, 2023, 10:16:43 AM

Quote from: Riginac111 on August 27, 2023, 05:22:42 PM

Bitcoin is good asset when you know exactly when to invest in bitcoin, before now I have being reading articles of bitcoin and when I read the articles of bitcoin I do notice new things every time I read of bitcoin. I notice that investing in bitcoin it needs more research to know when due is the perfect time to invest in bitcoin. And I find out that the perfect time a newbie can invest in bitcoin is when the price of bitcoin is in bear market, like some weeks ago bitcoin drop a different in the market price and its very nice opportunity for short term investors to buy and keep and be ready to sell when the market rise. I was willing to buy bitcoin immediately the price drop but the challenge i have them was I'm not with cash, but I will be waiting until the price fall again, and if it fall again I will not miss the opportunity of buying bitcoin and keep for long term investment

In theory, bitcoin trading looks very easy, buy bitcoin when it is cheap and sell when it is expensive, bitcoin always reaches a new ATH. It seems very simple, but in practice it is not that easy. We never know how low the price of bitcoin will fall, often we buy bitcoin when the price is falling, but it turns out the price continues to fall and we sell bitcoin when the price is in the red because we panic that the price will continue to fall. When we hold bitcoin and the price goes up, we are confused about what price to sell it at, sometimes we set the price of bitcoin too high so the price goes down again and we haven't sold the bitcoin we hold.

In my opinion, we need knowledge and strong determination so that we are not tempted and do not panic. The easiest way to invest in bitcoin is to hold it for a long time, you don't need a lot of analysis if you want to hold bitcoin for a long time.

Yes, Bitcoin trading is no easy task. However, heres a little secret: if you stick around long enough, you get the knack of things. Everything is simple only after a substantial investment of work.

You believe "HODLing" to be the easiest way out? I mean, certainly, less stress and less daily decision-making. However, remember that even a long-term strategy requires efforts. The safety of your wallet, the regulatory landscape, and technological advancements such as forks all require your attention. Long-term may be less demanding, but it is by no means "set it and forget it".

Tuturtinular

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Quote from: Riginac111 on August 27, 2023, 05:22:42 PM

Bitcoin is good asset when you know exactly when to invest in bitcoin, before now I have being reading articles of bitcoin and when I read the articles of bitcoin I do notice new things every time I read of bitcoin. I notice that investing in bitcoin it needs more research to know when due is the perfect time to invest in bitcoin. And I find out that the perfect time a newbie can invest in bitcoin is when the price of bitcoin is in bear market, like some weeks ago bitcoin drop a different in the market price and its very nice opportunity for short term investors to buy and keep and be ready to sell when the market rise. I was willing to buy bitcoin immediately the price drop but the challenge i have them was I'm not with cash, but I will be waiting until the price fall again, and if it fall again I will not miss the opportunity of buying bitcoin and keep for long term investment

In theory, bitcoin trading looks very easy, buy bitcoin when it is cheap and sell when it is expensive, bitcoin always reaches a new ATH. It seems very simple, but in practice it is not that easy. We never know how low the price of bitcoin will fall, often we buy bitcoin when the price is falling, but it turns out the price continues to fall and we sell bitcoin when the price is in the red because we panic that the price will continue to fall. When we hold bitcoin and the price goes up, we are confused about what price to sell it at, sometimes we set the price of bitcoin too high so the price goes down again and we haven't sold the bitcoin we hold.

In my opinion, we need knowledge and strong determination so that we are not tempted and do not panic. The easiest way to invest in bitcoin is to hold it for a long time, you don't need a lot of analysis if you want to hold bitcoin for a long time.

ingiltere

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You never know when bear season will end. You don't know how much Bitcoin price will drop. Right now you say the price is low and you buy it, the price goes down even more. Nothing is guaranteed in this market. The general rule is, be greedy when everyone else is running away. While everyone is attacking and buying, you run slowly. If you move against the pack, you win. There are exceptions to this, of course. No matter how experienced you are in this market, you can make mistakes. It's always best to think long-term. Then your chances of making mistakes are reduced.

Alfira_oo

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The right time to buy bitcoin is on dip. I am a newbie. As far as I know buying bitcoin on dip can make a lot of money after the price goes up. Also the bull market that comes after the dip has a lot more growth than the previous market.

ancafe

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Quote from: Riginac111 on August 27, 2023, 05:22:42 PM

And I find out that the perfect time a newbie can invest in bitcoin is when the price of bitcoin is in bear market, like some weeks ago bitcoin drop a different in the market price and its very nice opportunity for short term investors to buy and keep and be ready to sell when the market rise. I was willing to buy bitcoin immediately the price drop but the challenge i have them was I'm not with cash, but I will be waiting until the price fall again, and if it fall again I will not miss the opportunity of buying bitcoin and keep for long term investment

As the title says "When to stop in bitcoin" The answer is when you don't have the money to try to take that approach. Don't make it more difficult for yourself because there are many articles that talk about bitcoin and when you get too confused it will hinder your thinking of investing. The steps you need to take are just to study the risk behavior of price fluctuations and how you behave in such conditions and also learn about Bitcoin's journey to help you reach the right level of knowledge.

Generally people will buy when the bitcoin price is down and actually that's not the only way you can do it. If you don't have big finances then use DCA because this strategy can help you collect bitcoins, so that every time you intend to buy bitcoins don't have to wait for a much bigger drop in price. It's easy to get involved in bitcoin because we are not forced to buy large amounts but we can take a suitable approach.

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Quote from: Onyeeze on September 02, 2023, 08:54:15 AM

Bitcoin does not have a specific time for investment and that is why many other people doesn't like to take some people advice for bitcoin investment, but what I like in bitcoin is that you have to know when is your convenient time to invest so that when you lost for the investment the blame will not portion to anyone, so it's advisable for someone to invest alone without someone's encouragement, we are suppose to learn when to invest and know the timing so that we won't get lose and blame anyone for giving us a wrong advice to invest in bitcoin.

True. This is why I prefer DCAing in Bitcoin every month. Sometimes more, sometimes less, but you simply build your wealth and don't need to take any advice or something.

Hanadawa

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Quote from: Riginac111 on August 27, 2023, 05:22:42 PM

And I find out that the perfect time a newbie can invest in bitcoin is when the price of bitcoin is in bear market, like some weeks ago bitcoin drop a different in the market price and its very nice opportunity for short term investors to buy and keep and be ready to sell when the market rise.

That is standard and it is a general thing that applies to all types of investment instruments such as shares, government securities, or even property investment. But at least you have learned the basics in investing, namely looking for when prices go down and selling when prices go up. Apart from that, I suggest you deepen your knowledge of analysis and techniques regarding the stock market and crypto market. Hopefully that can help you find when to buy and when to sell.

Quote from: Riginac111 on August 27, 2023, 05:22:42 PM

I was willing to buy bitcoin immediately the price drop but the challenge i have them was I'm not with cash, but I will be waiting until the price fall again, and if it fall again I will not miss the opportunity of buying bitcoin and keep for long term investment

We wait for the price to go down, then when it goes down, we think maybe the price will be lower, then in fact the price goes up and up, then you decide to buy it quickly or you choose to regret your decision why didn't you buy it yesterday. It's a circle that keeps turning for most people. You can't be sure when the price will go down and down again. What you can do is carry out a short analysis to predict the next price.

Therefore I advise you to use your cold money and not money for your daily needs.

nara1892

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Quote from: Onyeeze on September 02, 2023, 08:54:15 AM

Bitcoin does not have a specific time for investment and that is why many other people doesn't like to take some people advice for bitcoin investment, but what I like in bitcoin is that you have to know when is your convenient time to invest so that when you lost for the investment the blame will not portion to anyone, so it's advisable for someone to invest alone without someone's encouragement, we are suppose to learn when to invest and know the timing so that we won't get lose and blame anyone for giving us a wrong advice to invest in bitcoin.

Yes, I also agree with that, but everyone has their own way of doing it and maybe they have something that can make them start on their own. So it was true, they probably wouldn't pay too much attention to some suggestions or even coercion from the other people there, because just like before, only they knew when to start and when to quit. And also I will tell you a little about not letting you become one of them, I mean you don't need to force or advise someone to invest, especially for those who don't know anything about the world of trading, because I'm sure there will be impacts that will come to you, such as for example, the person you forced into here suffers a loss and of course after that they will probably come to you with various questions. Learning will always be the best way in everything we want to do, and therefore instead of depending on other people, it's better for you to learn on your own, even though I understand it's quite difficult, but one day you will feel you are in a very advantageous position. position, and you already have the best way to profit there, not by relying on someone else.

tjtonmoy

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Quote from: doomloop on September 01, 2023, 12:49:15 PM

What makes you think that Bitcoin is not suitable for short-term trades? I believe if you have good capital and a firm understanding of the market to know when it is going up and when it will go down by reading charts and doing analysis, you can always find great scalping windows for Bitcoin in the market.

You said it yourself. You need to have good capital for investment and the best knowledge and experience about the market. Not everyone has it. So what should they do if they want to enter the crypto world? Should they not? Of course, they should. Trading is not for everyone because not everyone can afford to spend that much to make a good amount of profit. Or someone may have the capital but not enough knowledge about trading. Vice versa with knowledge and capital. When lacking in something, you can always choose HODL.
All you need is whatever amount you can afford to lose and how to HODL properly. That's all there to it if you want to invest in Bitcoin without a professional level of experience and capital.

So to everyone, bitcoin is a long-term asset. However, only a few have the ability to utilize the advantage of short-term market movements and gain from them.

Onyeeze

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Bitcoin does not have a specific time for investment and that is why many other people doesn't like to take some people advice for bitcoin investment, but what I like in bitcoin is that you have to know when is your convenient time to invest so that when you lost for the investment the blame will not portion to anyone, so it's advisable for someone to invest alone without someone's encouragement, we are suppose to learn when to invest and know the timing so that we won't get lose and blame anyone for giving us a wrong advice to invest in bitcoin.

blockman

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Quote from: Negotiation on September 02, 2023, 12:35:49 AM

Quote from: blockman on September 01, 2023, 01:28:26 PM

Quote from: Riginac111 on August 27, 2023, 05:22:42 PM

but I will be waiting until the price fall again, and if it fall again I will not miss the opportunity of buying bitcoin and keep for long term investment

That's all you have to do and don't just put it in all talks. Make sure that you're gonna do your initiative and promise to yourself of how you're going to react and what you'll do when the time has come for you to start buying. Because you may not ask, there have been a lot of the same people that have said the same thing as yours but never done the thing they've said because of some instances that have stopped them in doing so. So, as you've told that, make sure that you'll put your mouth where your money is.

You are right but generally it depends on the individual when it comes to investment. Many people promise not to do it but I think it is the right time to invest when the price of bitcoin falls. Investors know that when the price of bitcoin falls, it will rise again this kind of competition in cryptocurrencies is good for investors.

It's always been the right time to buy when the price is low. But what people have been doing is they wait for some signs if they should buy even if it's obvious that the price is low.

Quote from: Negotiation on September 02, 2023, 12:35:49 AM

By doing this the value of the coin cannot increase much but in case of bitcoin it is opposite because bitcoin has gained so much popularity it has an opportunity to stay ahead of rival currencies.

It will remain at the top and those that don't take that moment of buying and still asking when to invest and buy bitcoin. You guys don't see the time that you have to do it which is now.

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