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Topic: When to invest in bitcoin - page 5. (Read 1138 times)

full member
Activity: 560
Merit: 161
September 01, 2023, 11:19:58 AM
Getting to wait for when price drops before buying is entirely a vey wrong approach  to holding and I think the DCA method has been one of the most accepted  and preached method of holding and you should always buy at every instance you get an opportunity  to buy rather than waiting for a particular  time to buy because it might shock you and rather than dropping  to your expectations, it rises without going down and I believe  that there where people who had the money to buy bitcoin  when it fell to 17k but rather wanted to wait for it to fall more but it disappointed them and now its way above 17k and those set of persons already missed all the opportunities that came with buying  at that price of 17k.
Buying low at the amount one can afford to lose is the best way to buy, it is good to buy in the dip but always waiting to buy in the dip could be something that may not happen because bitcoin is unpredicted. As far as Bitcoin price still remains low it is always the right time to buy bitcoin,  you don't have to wait till it get dips to a prefer price, it is just greed waiting for the price to keep getting dip because it is not very sure if this may happen the way one thinks.  Anytime the price of bitcoin is low it is always an opportunity to buy bitcoin because profit can still be gained if it is a longtime investment. Sometimes we miss the opportunity of investing because of greed waiting to buy at the cheapest price in the market.
full member
Activity: 532
Merit: 229
September 01, 2023, 10:12:56 AM
The dip is the right time to invest in Bitcoin. We should always buy when there is a bear market. Bear market is the best time to buy Bitcoin. Because after a bear market, a bull market actually increases in value much more than before. However, Bitcoin is currently in a bear market, as its price has been around 30k for a long time and is slowly falling. Its price is down -5.5% in 24 hours and down -0.5% in last 1 week. And when this bear market ends, the bull market that will come will price it around 40k to 50k. So now is the best time to invest in Bitcoin.
hero member
Activity: 868
Merit: 574
September 01, 2023, 05:30:17 AM
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

It is true that the best time to invest in Bitcoin is on the bare market when the price of Bitcoin is down, and that should not only be for newbies but also for old Bitcoiners too because everyone needs profits, which is why they decided to invest. But I will say that if newbies have the advantage of buying Bitcoin at a low price, it will really give them more courage because the price may not drop anyhow again, rather than increasing and decreasing little, and with this action of the Bitcoin price, newbies will hardly be panicking about their investment.
 
But on the other side, I may say that it may be very hard for newbies to time the market, meaning to know when it will be the perfect price for accumulating bitcoin, because I don't think they may have the knowledge to do their own research to know the right time to buy, and one thing again is that many people always find it hard to hold for extra money unless it gets it invested. Now, I see every opportunity as a good opportunity to invest in Bitcoin, but the truth is that you should get ready to hold for long periods of time.
sr. member
Activity: 826
Merit: 460
September 01, 2023, 04:25:33 AM
It doesn't help the person either if you put that kind of pressure to a person. Maybe they knew the opportunity but they don't have the ability because of the money problem. What they're earning is just enough for them to live for day to day. They don't have anything to left to save or to invest.

I think he is making an emphasis to reach the person's thoughts.  It is not forcing but rather giving them a sense of urgency.  Just like when Bitcoin fell down to $25k+ If they didn't hesitate and invest at that time, they could have been in profit now. 

They wouldn't inquire about the best time to invest in Bitcoin if they don't have the money to invest.  So when two people are discussing investment, the receiving end thinks that the person who are interested has funds in their stash and is waiting to be used as capital.  After all, if a person doesn't have money, they will dismiss the discussion asap as to not waste time and effort of both parties.

Yes and maybe they only provide important information that can be utilized by others, as you said bitcoin touched $25k, they will succeed in making profits in the next few times if at that time they take advantage of the information provided by others that they can use, it is not at all forcing but rather a little help in terms of information. Giving and asking are obviously very different, and if there are some people who ask for some advice and related information (when is the right time to buy bitcoin) then as you said, there is no way they would ask that if they did nothing when they got the information. They are asking and that means there is something they want to do there. Unlike someone who comes by force, maybe they just listen to it because they are not interested in it at all or maybe they don't have the ability to do it.
So the way the two people do it is different, those who want it then they will really look for definite information and maybe not enough with just one question.
legendary
Activity: 3052
Merit: 1281
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August 31, 2023, 05:48:31 PM
If you don’t understand that now is the time to invest in bitcoin then Nobody can help you.

It doesn't help the person either if you put that kind of pressure to a person. Maybe they knew the opportunity but they don't have the ability because of the money problem. What they're earning is just enough for them to live for day to day. They don't have anything to left to save or to invest.

I think he is making an emphasis to reach the person's thoughts.  It is not forcing but rather giving them a sense of urgency.  Just like when Bitcoin fell down to $25k+ If they didn't hesitate and invest at that time, they could have been in profit now. 

They wouldn't inquire about the best time to invest in Bitcoin if they don't have the money to invest.  So when two people are discussing investment, the receiving end thinks that the person who are interested has funds in their stash and is waiting to be used as capital.  After all, if a person doesn't have money, they will dismiss the discussion asap as to not waste time and effort of both parties.
sr. member
Activity: 2828
Merit: 344
win lambo...
August 31, 2023, 05:13:33 PM
Getting to wait for when price drops before buying is entirely a vey wrong approach  to holding and I think the DCA method has been one of the most accepted  and preached method of holding and you should always buy at every instance you get an opportunity  to buy rather than waiting for a particular  time to buy because it might shock you and rather than dropping  to your expectations, it rises without going down and I believe  that there where people who had the money to buy bitcoin  when it fell to 17k but rather wanted to wait for it to fall more but it disappointed them and now its way above 17k and those set of persons already missed all the opportunities that came with buying  at that price of 17k.
Many people thought that once the market was in decline it would dump badly which drove them to wait for the dip. Unfortunately, it was a big mistake and a reason why many people missed the chance to buy low.
In the current situation, I'd never think we're going to the dip anymore as we have started to gain back the buying demand pushing the price to recover. And those who are thinking about buying $17k have just wasted their time and missed the opportunity too as it never be going back that low. If we really have the plan to invest, at least buying at the current price is definitely the right move.
hero member
Activity: 602
Merit: 442
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August 31, 2023, 04:16:07 PM
Getting to wait for when price drops before buying is entirely a vey wrong approach  to holding and I think the DCA method has been one of the most accepted  and preached method of holding and you should always buy at every instance you get an opportunity  to buy rather than waiting for a particular  time to buy because it might shock you and rather than dropping  to your expectations, it rises without going down and I believe  that there where people who had the money to buy bitcoin  when it fell to 17k but rather wanted to wait for it to fall more but it disappointed them and now its way above 17k and those set of persons already missed all the opportunities that came with buying  at that price of 17k.
legendary
Activity: 2814
Merit: 1192
August 31, 2023, 02:33:46 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

There are people who wanted 10k bitcoin last year and are still waiting for it now. Don't be like them.

The problem with people who wait for crashes is that when the actual crash happens they either buy very early and then get scared of it going down and sell, or they keep on waiting and waiting and then it bounces back and they feel like the opportunity is lost and never end up buying.

Don't act like a trader when you're not one. Just buy and hold. Eventually it's going to be worth more than it is now.

The best time to buy bitcoin was in 2009, but if you missed that, the next best time is now.
hero member
Activity: 980
Merit: 947
August 31, 2023, 02:29:58 PM
For us to invest in Bitcoin, we need to plan and make necessary adjustment that will aid us to make the right decision. The question of when to invest in Bitcoin has always been the problem of many investors because they didn't understand the market.

 We can invest in Bitcoin at anything that will like or we can always analyze the market to see when it safe for us to buy and the kind of coin we can buy that will give us reasonable profits. We can buy when the price of the asset we want to buy is down and sell when the price of the asset we are holding is up. There is no two ways about this so we need to know what we are doing first understanding the market to prevent unnecessary loses that we may incur by investing in the wrong project.
With bitcoin, we don't have to try to look for one point to buy, we can split funds into equal parts and buy throughout the bull market. This will remove the need for only one trade to be correct because it is very difficult to find the bottom. I think that you need to initially determine the level to which you will buy and the levels at which you will sell, this will help you see the whole picture and have a clear plan of action.
sr. member
Activity: 1498
Merit: 374
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August 31, 2023, 02:22:06 PM
#99
If you don’t understand that now is the time to invest in bitcoin then Nobody can help you.

It doesn't help the person either if you put that kind of pressure to a person. Maybe they knew the opportunity but they don't have the ability because of the money problem. What they're earning is just enough for them to live for day to day. They don't have anything to left to save or to invest.
sr. member
Activity: 1008
Merit: 262
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August 31, 2023, 12:37:39 PM
#98
When is the best time to plant trees? twenty years ago. When is the best time to plant a tree a second time? Now. That's how I invest in bitcoin, There is no best time to buy bitcoin because all times are good times to invest in bitcoin. So often to see the history of bitcoin to date, bitcoin has a four-year cycle. If this is understood then I believe there will be no more doubts about when to buy bitcoins. The DCA strategy is the “best time” and is also suitable for beginners and investors who are proficient in learning the bitcoin market. Therefore, rather than later regretting not buying bitcoin, now you can take advantage of the opportunities that exist, no matter how small your funds are, buy bitcoin.
For us to invest in Bitcoin, we need to plan and make necessary adjustment that will aid us to make the right decision. The question of when to invest in Bitcoin has always been the problem of many investors because they didn't understand the market.

 We can invest in Bitcoin at anything that will like or we can always analyze the market to see when it safe for us to buy and the kind of coin we can buy that will give us reasonable profits. We can buy when the price of the asset we want to buy is down and sell when the price of the asset we are holding is up. There is no two ways about this so we need to know what we are doing first understanding the market to prevent unnecessary loses that we may incur by investing in the wrong project.
legendary
Activity: 2408
Merit: 2226
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August 31, 2023, 12:02:01 PM
#97
The most challenging fact during investing in Bitcoin is to find the right time. Basically, we can take advantage of the volatility, for example when suddenly happen a big dump, we can accumulate then. If we see the chart we can notice that Bitcoin recovers after each dump. But it hasn't recovered ATH to create another ATH. But hopefully someday will recover too, just need time since it was a big dump. In summary, we should take lessons from each dump, so we may find a fantastic time to invest in Bitcoin and print some money.
sr. member
Activity: 616
Merit: 317
Vave.com - Crypto Casino
August 31, 2023, 11:56:36 AM
#96
When is the best time to plant trees? twenty years ago. When is the best time to plant a tree a second time? Now. That's how I invest in bitcoin, There is no best time to buy bitcoin because all times are good times to invest in bitcoin. So often to see the history of bitcoin to date, bitcoin has a four-year cycle. If this is understood then I believe there will be no more doubts about when to buy bitcoins. The DCA strategy is the “best time” and is also suitable for beginners and investors who are proficient in learning the bitcoin market. Therefore, rather than later regretting not buying bitcoin, now you can take advantage of the opportunities that exist, no matter how small your funds are, buy bitcoin.
hero member
Activity: 1050
Merit: 642
Magic
August 31, 2023, 11:45:44 AM
#95
If you don’t understand that now is the time to invest in bitcoin then Nobody can help you.
sr. member
Activity: 980
Merit: 282
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August 31, 2023, 11:32:59 AM
#94
I think its a generally view in the blockchain and crypto space that the best time to invest in the crypto space is when there is a bear market. Everyone wants to sell when the bulls are in but then it might be too late to invest and sell off to make amountable profit.

The best time to buy commodities is when the prices are low and then sell when the prices are high, If we go by this formular, then, the bear market fits perfectly for the investment time and then sell off at bull season. This is the common rule people are yet to come to terms with in the space.
sr. member
Activity: 1400
Merit: 420
August 31, 2023, 10:20:07 AM
#93
No time is late to invest in Bitcoin, as far as you have all it takes to invest, there is no late comer in Bitcoin investment, what matters is the knowledge you have gotten so far and the availability of fund in your reach to invest with, Bitcoin is a good asset that requires patients to hold, no rush, just be patient always invest what you have, but learn how to keep holding for a long period of time for a good return.
Yes there is no fixed time to invest in Bitcoin. Here anyone can invest according to his ability.  In this case only one thing he needs to know is that bitcoin investment is not a gamble so it is not possible to get high quality profit from here in short time if one wants to get big from here he has to hold long time bitcoin till next ATH formation moment. Now is a big opportunity for us to make good profit from Bitcoin as Bitcoin is now much lower than previous ATH.
sr. member
Activity: 434
Merit: 254
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August 31, 2023, 08:51:05 AM
#92
No time is late to invest in Bitcoin, as far as you have all it takes to invest, there is no late comer in Bitcoin investment, what matters is the knowledge you have gotten so far and the availability of fund in your reach to invest with, Bitcoin is a good asset that requires patients to hold, no rush, just be patient always invest what you have, but learn how to keep holding for a long period of time for a good return.
hero member
Activity: 688
Merit: 506
CryptoCurrency Evangelist
August 31, 2023, 08:08:49 AM
#91
The best is yesterday, the second best is today.

Depends if you are there for a long term or seeking daily trading and short term gains.
hero member
Activity: 2268
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Vave.com - Crypto Casino
August 31, 2023, 04:06:29 AM
#90
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
That is not exactly the discovery of the year Grin Of course it's always better to buy when there is a bear market, but only if you actually believe that the price is going to recover, hence you need to understand how bitcoin works. Anyway for me the best strategy is always to buy little by little every month, and having some extra money saved for eventual dumps.


It's a bear market but if we don't have money how can we buy? In my opinion, the perfect time to buy bitcoin is when we have money because not everyone has enough money to buy bitcoin every time it drops in price.
Furthermore, bitcoin is a long-term investment so buying a little bit at a time is an idea that has never disappointed us. So accumulate bitcoin every time you have money, don't pay too much attention to the price once you have determined it is an investment you will hold for many years.
sr. member
Activity: 826
Merit: 460
August 31, 2023, 03:25:47 AM
#89
It's quite effective for buying bitcoins, there's no safer way than buying them in small increments to accumulate bitcoins, to be honest if you have the intention to make long-term investments like 10 years or more it's not too dependent on the season, nor is it a problem to do buying bitcoin, because after all it will definitely be picked up again if it experiences a decline.
And in my opinion the right time to buy bitcoin is when you have money ready to lose it for the fundamentals of the fluctuations that occur in bitcoin during the journey until your destination arrives, and this is an indicator of the right time to buy bitcoin.

Well that's right, there's no better alternative than buying it little by little, especially if you don't have the money to buy that much. So yeah all you have to do is collect them little by little, it's better than nothing. Don't depend on the season or the hype about Bticoin, if you don't have enough money but have a strong intention to make a big profit in the future then you should do it from now on, all you need is a little money but consistently doing it once a week or maybe once a month is not too bad and you will be safer.

Well I agree with you, in terms of starting to invest in my opinion there is also no right time and no conditions that must be followed, you only need a few budgets to be able to start investing, but in addition also as you said, you must be prepared to lose money there because as we know bitcoin is volatile, and that will always happen every time. So I would slightly suggest to you, use money that will not be used by other needs, so that you can be comfortable to do HOLD in the long run, although maybe you will be a little surprised when bitcoin is bearish but it doesn't matter if you already understand the risks and believe in bitcoin itself.
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