When to invest in bitcoin - page 8. | Bitcointalksearch.org

Majestic-milf

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Just to add, I think the best time to invest in Bitcoin is when you've learned how risk tolerant you are because as a result of it's high volatility, it's regarded as one of the risky yet rewarding investments one can venture into. Investing in Bitcoin can be quite cool especially if you do it with funds you can afford to spare so you don't get forced to sell when things go south.

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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

ATM, Bitcoin price is a bit shaky and whilst some feel it's price might drop to say $20-22k, I feel the lowest it can go before getting back up is 25k, so you best be buying now if you can and begin your hodling journey.

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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

To know exactly when it's time for us to invest in Bitcoin is definitely different for everyone because this depends on the financial condition and readiness of each individual to invest. Yes, it's true that in general it's better if we can invest when the price of Bitcoin is low or we could say it's in a bearish market, but i think for beginners the most important thing is to first understand how to invest and what strategies are good and what suits their conditions, that's why Beginners should do research before starting to invest.
If you don't currently have the cash to use to invest, then you should start compiling your budget to set aside a few percent of the income you have, then you can implement the DCA strategy for yourself. You don't have to buy Bitcoin directly in large quantities at once, but you can buy it using the DCA strategy regularly.
You can never predict exactly whether the price of Bitcoin will really be that low, it is possible that if you keep waiting for the price to drop then you may never invest in Bitcoin and you may unknowingly "miss the train" during a bullish period.

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If you ignore the current price of the bitcoin you can invest whenever you want as long we you have your bitcoin itself, but if the price varies you must wait for the opportunity to buy. One of the ideas when to enter or exit is to understand the technical analysis or even the basic concept of trading this gives you an insight into when is the right time now.
Currently are in the bear market you can accumulate as you can so you don't left behind with the next ATH.

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

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.

The best time to invest in Bitcoin is during the bear season, we are still not out of the bear season and the recent deep in market price is a wonderful opportunity for you to buy and hodl some Bitcoin. Bitcoin halving is less than a year and when the bull season kicks off you will make good profit.

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.

It is a pity you don't have money to take advantage of the current Bitcoin market price of $26k and grab a bag. Not to worry, you can be doing a DCA, i.e buying gradually whenever you have money so that you won't miss out. Don't hope that the price would fall further because that might not happen, just take a position and wait for the bull season.

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Strategically speaking, and it is no secret to anyone that volatility in the Bitcoin market is an important feature to take into account when deciding when to invest... Many investors have found opportunities in bear market times, when prices are lower and they can get more Bitcoin for their money. But based on experience, it is also crucial to remember that the market is unpredictable and there can be risks associated with investing in highly volatile assets, what do I mean by that? That even when there is a bearish period and you think that it will not go down any more according to the analysis, it is quite probable that it will go down a little more. For this reason, I always recommend listening to the market, being aware of the Bitcoin news, who spoke well , who spoke badly... These are factors that you believe or not, end up positively or negatively affecting the value of any investment

The strategy of buying on a price drop and then selling when the market rises is a common tactic among short-term investors, but that is what most do and while they do have profits, they never become significant enough profits. A good advice, buy Bitcoin, save it and when you see that it has reached the maximum peak of its value, sell it and later, prepare to enjoy..

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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

What if the price doesn't fall again and that last dump was the last correction before the bull market. Don't procrastinate when investing in Bitcoin because you might be postponing when you want to buy Bitcoin and before you know it, it's already late as the price has pumped.

Buying Bitcoin during the bear market is the perfect time because during this time, the price of Bitcoin is always at a very low price but when you buy Bitcoin during the bullish season, you'll be buying Bitcoin at a more costly price but whenever you have the cash, buy Bitcoin.

The most important thing Is that you own Bitcoin and it doesn't matter when you buy as when it's time for profits, you'll be gaining profits wth everyone that has Bitcoin but the only difference is in the quality that you own as those who bought in bear will own more quality.

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Rather than seeking for the right timing focus on a price point wherein you are ready to endure market price changes. Perhaps the 'right time' is now, would you be able to hold it for weeks or months? What if a sudden dump in its value happen for some reason given that we have no full control of its market price, what would you do then? Point here is to invest when you're ready and not when you think it is the perfect time to do so. You may enter at any price point you would like to but what would generate your profit is simply your patience as an investor. If you would be able to assure you won't pull your funds out if ever something happens, then go. What should be measured is one's tolerance over market price changes.

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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

Doing this will just put you on an infinite cycle of waiting and waiting until you didn’t buy at all since the price already recovered. Waiting for a price drop is a tricky part because you will keep waiting to drop more when the price is already droping while you will never purchase above the price which you missed to enter when you are still waiting to drop more.

Just DCA and evaluate what’s your real purpose on why you choose Bitcoin as investment. Doing long term investment will help you to easily decide on when to purchase and it is NOW.

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The crux of the matter lies not in the timing of procuring Bitcoin at a modest price, but rather in the price predicament itself. As long as an individual continues to perceive Bitcoin's valuation as resting within the realm of affordability, acquiring it at that juncture stands as a prudent choice. Many folks still choose to scrutinize candlestick patterns prior to taking the plunge into Bitcoin ownership, yet there are also those confidently convinced that the authentic value of Bitcoin far exceeds its current tag. Thus, in their view, purchasing Bitcoin below prevailing market rates remains a decidedly profitable endeavor.

Should the cost hover around 30k and be deemed economical, then it's an opportune time to make the purchase. However, if the 30k valuation strikes as exorbitant, it's advisable to bide one's time until it descends to the desired level. The direst outcome would involve missing the proverbial train due to an erroneous price analysis, given that Bitcoin's disposition can promptly shift to a bullish trajectory.

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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

I suppose it doesn't matter when to invest in BTC, since crypto investments are long-term. It's more a purchase of "quite stable value", than an investment. However, it also depends on the money available for investment. Huge sums of money have the chance to bring profit in a short period of time if invested properly, but anyway its quite risky, and needs some specific experience in trading. So the best way to invest in crypto is a small sum of money for a long period of time. This can be done at any moment.

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There's no perfect time in general but maybe an ideal time for you personally. Like when you have extra money that you can invest towards assets like Bitcoin. You can definitely make it worthwhile for you if you have done some continuous investing in your assets. That's going to be effective if you do it continuously.

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There isn't a perfect time to buy Bitcoin. People who persue this moment end not investing at all or invest when it's already too late, because the dip is a very sensible moment which may last few minutes or even seconds, before a new trend starts pushing BTC upside instantly.

So, don't go for the perfect moment, just invest in Bitcoin as soon as you can. This market is unpredictable and you are better to make sure you are taking advantage of the opportunities on the present moment. Focus in long term goals and do DCA, which consists in buying a portion of satoshis every X periods of time, like every week, every month, despite BTC's price being cheap or not.

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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

The same challenge that you had then when you did not have the money to invest when the opportunity presented itself can still be the challenge you will face if you keep waiting for the price of bitcoins to drop and create an opportunity for you to enter the market, maybe at that time too, you will not have sufficient capital to enter the market because nobody can really predict when the prices will fall again and to what level they will fall. Buy the market when you can in little amounts when you have the spare cash, while waiting for the market to fall so you can buy big to add to what you were already accumulating.

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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

There are no good or bad assets (if we are not talking about shitcoins

), but there is no ability to use them.

In any investment (not just bitcoin) the key to success is knowing this time, knowing exactly what to do now.

The ideal time to invest in bitcoin is not known to most, so don't try. But it is quite possible to catch a bear market, given that this period lasts a long time, unlike a bull market. But the paradox is that beginners are most attracted to bitcoin during a bullish trend, when they buy it for a high price, and then are disappointed, suffering losses during a bearish sell-off.

Missed one good opportunity to buy - it doesn't matter. There will be other opportunities, but for this it is necessary to keep cash in reserve.

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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

That is really the problem: you can't purchase on that current spot because you don't have money, which is reasonable, but if you already have money, how will your mindset be? because others will tend to wait more, or like they are thinking without any concrete proof that the price will drop more, which again leaves them behind because they want to buy at the cheapest, but turns out it is already a reversal, so they are left behind and forced to buy at a high price, which dumps the price again. What's really the best strategy is that if ever you have money, purchase it immediately because your enemy, if not purchasing, is your mind because you'll tend to not buy it, or worse, you've used up your money on your wants rather than investing.

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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,

You can say that it's good since it can give you profits right? What if you lose money investing into it? You will call Bitcoin a bad asset then? I don't know, but the 2 parts aren't correlated with each other. I mean is thee term "Good Asset" or "Bad Asset" ever been used? What's a definition of a good or bad asset? Enlighten me with this one please.

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Re: When to invest in bitcoin

Anyway, I will answer this one base on what I know.

The best time to invest into Bitcoin is "Anytime" except when Bitcoin is on a bull run. Bull run isn't a time for investors to invest, but a time to sell your assets. The best time to invest into Bitcoin is during the bear market, and the year after the bear market. 2022 is considered a good year to invest into Bitcoin because it's a bear market. This year 2023 can still be considered a good time to invest into Bitcoin because it's price is still considered below. Best time to sell will be during the bull which will happen a few years from now.

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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

I believe that no one knows and can't find out exactly when is the right time to ideally buy bitcoin at the local minimum price. We can only use technical analysis to significantly increase the chances of guessing where the minimum for the bitcoin price will be. And then, there are people who do not believe in technical analysis. I have been relying on charts, support levels and trend lines for a long time. And I think that the points of intersection of the two lines increase the chance that the price will approach this level. And in the purchase of bitcoins, I use pending orders, which are placed with small periods of price levels.

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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

Currently there are good opportunities for you to buy Bitcoin. Now the price of bitcoin has gone down a bit, I don't think bitcoin will come below 25k, it's hard to say exactly. If you wait for the price to drop further, it may be a wrong decision. If the price of Bitcoin starts to rise again. Then you will miss this time. Bitcoin is going to halve in 2024. After each halving, the price of Bitcoin has been seen to increase. Better to buy bitcoins before the bitcoin halving day.

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Quote from: lovesmayfamilis on August 28, 2023, 03:20:00 AM

OP, while you are writing this post, others are already investing. If we talk about the right time to invest in Bitcoin, then we can say yesterday.
There is a good point; those who are looking for a good price will miss all the convenient moments when Bitcoin is profitable to buy. Since no one can accurately predict how the market will move in a short period,

That's true, if I'm waiting for when the price will drop more before buying I might miss the chance, you are correct, but I'm optimistic of the price because am feeling that the price will go a little beat down so that before then I will make funds available to buy, if I wish their is already spare money I would have buy a bitcoin before now and wait for bullrun. I know now that theirs know perfect and accurate time to buy bitcoin. Thanks mama for your contribution

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

I find out that the perfect time a newbie can invest in bitcoin is when the price of bitcoin is in bear market.

Not only newbies but also with OGs,because when the price drops,it means that there is discount in bitcoin price,so that is an opportunity to buy so that you will make good profit.

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

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.

The price is still similar with today and I still see it as a good price for one to accumulate more bitcoin to his portfolio because nobody knows if the price will go below this before we see a pump in the price.

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

Procrastination shouldn't be what will deprive you from buying bitcoin. It doesn't matter if you buy a small amount so that you can also have an experience of holding bitcoin and understand some strategy that will work out for you when you are holding for long term.

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