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Topic: why we should Buy some Bitcoins (Read 16190 times)

newbie
Activity: 28
Merit: 2
November 18, 2022, 02:15:39 AM
Now is a good time to buy Bitcoin. Many people see this profitability of Bitcoin, the opportunity to earn more money in Bitcoin, which makes many investors believe that investing in it will bring them better wealth. Don't blindly pursue lower prices, believe in the future value-added potential of Bitcoin, and believe that the market price will be higher than the price of buying Bitcoin at any time.
hero member
Activity: 1008
Merit: 960
November 17, 2022, 07:02:44 PM
~snip~
everyone can only predict, and we as listeners should not believe without any foundation and self-confidence, people predict, of course they are not accountable for their opinions if the market does not match their predictions. but this is natural because we know that no one knows where the market will move, except for those who have big money that might influence the market, and even then must be supported with other facilities to be able to bring the market as expected

Short term fluctuations in price are pretty much random. It's impossible to always correctly predict that.

Now, fundamentals of Bitcoin on the other hand can be used to estimate long term price movements (years, decades).
full member
Activity: 1246
Merit: 102
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
November 17, 2022, 02:44:10 AM
Bitcoin is currently trading at a good price and now is a good opportunity to enter the world of Bitcoin. If you've not bought bitcoins yet, this might be your best opportunity this year.
Bitcoin is currently trading at $ 34,493 and the bear market is coming to an end. Also, another good thing that will definitely affect the price of bitcoin is halving.
Big investors! One of the main reasons why the price of Bitcoin does not fall much is the presence of large investors. These investors do not allow the Bitcoin price sink lower.
you have mentioned "Bear Market is Coming to an End" when the price is at 34k but look at it now? the price not even half of that mentioned price so when is the end of Bear market?
are we truly looking for Bull market now or will face more of Bear?
I understand your point but never tell people of something you are not sure because you are only misleading them to invest wrongly.
everyone can only predict, and we as listeners should not believe without any foundation and self-confidence, people predict, of course they are not accountable for their opinions if the market does not match their predictions. but this is natural because we know that no one knows where the market will move, except for those who have big money that might influence the market, and even then must be supported with other facilities to be able to bring the market as expected
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
November 17, 2022, 12:50:47 AM

In reality no one knows what's going to happen in 10 years from now.

Although, given that the fundamentals of Bitcoin haven't changed in more than a decade, and there's no sign of them changing in the future, it might be reasonable to think that.

Looking at countries like El Salvador and Central African Republic making Bitcoin legal tender means that Bitcoin is not going anywhere. It's here to stay.

More and more people will eventually see the value of Bitcoin and it will be worth more and more over the long term.

Long-term Bitcoin holdings have proven profitable. Encryption investors know that buying on dips is the best investment strategy. Now that the price is falling, it is a good opportunity to buy and hold Bitcoin. The halving of Bitcoin will definitely have a positive impact on its price. Everyone knows that Bitcoin is the most valuable asset in the crypto world, invest in it and save profits for the future.

but only few keeps believing this because accept it or not but most of the people around bitcoin now believes that they can make money soonest so when the market shows this act they panicked instead of using this as advantage to buy more and keep the holding.
Bitcoin is a store of value. You take this dip to buy, don't get out, and don't sell your Bitcoin.
When the bull market comes, you will be thankful for your persistence now. If you want to stop loss and sell your bitcoins in time because the price keeps falling after you buy them, then you don’t need to buy them now.
easy said that done mate , are you truly buying the dip now? or you are just like others who keep saying HODL but panicked when the market is in this situation.

full member
Activity: 2520
Merit: 204
November 16, 2022, 11:02:16 PM
Bitcoin is currently trading at a good price and now is a good opportunity to enter the world of Bitcoin. If you've not bought bitcoins yet, this might be your best opportunity this year.
Bitcoin is currently trading at $ 34,493 and the bear market is coming to an end. Also, another good thing that will definitely affect the price of bitcoin is halving.
Big investors! One of the main reasons why the price of Bitcoin does not fall much is the presence of large investors. These investors do not allow the Bitcoin price sink lower.
you have mentioned "Bear Market is Coming to an End" when the price is at 34k but look at it now? the price not even half of that mentioned price so when is the end of Bear market?
are we truly looking for Bull market now or will face more of Bear?
I understand your point but never tell people of something you are not sure because you are only misleading them to invest wrongly.
jr. member
Activity: 46
Merit: 1
November 16, 2022, 10:35:13 PM

In reality no one knows what's going to happen in 10 years from now.

Although, given that the fundamentals of Bitcoin haven't changed in more than a decade, and there's no sign of them changing in the future, it might be reasonable to think that.

Looking at countries like El Salvador and Central African Republic making Bitcoin legal tender means that Bitcoin is not going anywhere. It's here to stay.

More and more people will eventually see the value of Bitcoin and it will be worth more and more over the long term.

Long-term Bitcoin holdings have proven profitable. Encryption investors know that buying on dips is the best investment strategy. Now that the price is falling, it is a good opportunity to buy and hold Bitcoin. The halving of Bitcoin will definitely have a positive impact on its price. Everyone knows that Bitcoin is the most valuable asset in the crypto world, invest in it and save profits for the future.
hero member
Activity: 1008
Merit: 960
November 16, 2022, 07:37:13 PM
Most investors will have a habit: frequently look at the price of the currency after buying. In this time period, it is not recommended to buy Bitcoin.
The reason why many people are afraid of a sharp price drop is that they are not prepared for both hands, and they start to panic when the price drops. That's why we are very afraid when the price falls.
If you have the ability to control your emotions and not be influenced by the price, buying Bitcoin now is an opportunity. You have to be patient and wait for the price of Bitcoin to rise after you buy it.

Probably the easiest way to accumulate bitcoin is to simply buy frequently, say every time you get paid for your goods or services you put aside a certain amount for bitcoin.

It's a bit like a savings account.

If you keep trading bitcoin for fiat you'll have to spend a lot on fees, taxes, and spend lots of time trying to guess the best time to buy and sell. Much better to use that time to create something of value instead.
newbie
Activity: 29
Merit: 0
November 16, 2022, 12:58:07 AM
Most investors will have a habit: frequently look at the price of the currency after buying. In this time period, it is not recommended to buy Bitcoin.
The reason why many people are afraid of a sharp price drop is that they are not prepared for both hands, and they start to panic when the price drops. That's why we are very afraid when the price falls.
If you have the ability to control your emotions and not be influenced by the price, buying Bitcoin now is an opportunity. You have to be patient and wait for the price of Bitcoin to rise after you buy it.
hero member
Activity: 1008
Merit: 960
November 15, 2022, 06:00:55 PM
Time has proven that it is indeed profitable to hold Bitcoin for a long time, knowing that Bitcoin is the most valuable asset, it is never too late to get into Bitcoin. Now that the crypto market is in a bear market time and the price of Bitcoin is falling, it is a good time to accumulate. When the market resumes bitcoin price gains, investors who buy at cheaper prices stand to profit. So now more and more people want to buy Bitcoin as a long-term asset.

I think the most important thing is to understand bitcoin.

If you understand Bitcoin, and how it works, why it was created, etc, then the current price is almost irrelevant. You either think it's a good idea and therefore will invest in it at any price, or think it's not a good idea, so you probably won't invest in it.
newbie
Activity: 37
Merit: 0
November 15, 2022, 02:08:12 AM
Time has proven that it is indeed profitable to hold Bitcoin for a long time, knowing that Bitcoin is the most valuable asset, it is never too late to get into Bitcoin. Now that the crypto market is in a bear market time and the price of Bitcoin is falling, it is a good time to accumulate. When the market resumes bitcoin price gains, investors who buy at cheaper prices stand to profit. So now more and more people want to buy Bitcoin as a long-term asset.
jr. member
Activity: 40
Merit: 1
November 14, 2022, 09:08:05 PM
Bitcoin is a store of value. You take this dip to buy, don't get out, and don't sell your Bitcoin.
When the bull market comes, you will be thankful for your persistence now. If you want to stop loss and sell your bitcoins in time because the price keeps falling after you buy them, then you don’t need to buy them now.
hero member
Activity: 1008
Merit: 960
November 14, 2022, 07:23:17 PM
Bitcoin is for people to create money, it is a financial asset with considerable intrinsic value and has strong economic backing.
During a bear market is definitely a good opportunity to buy some bitcoins, it is indeed profitable to hold bitcoins for the long term and it allows you to slowly build up your savings.

Bitcoin is a store of wealth.

You cannot create money with Bitcoin, as you can with fiat for example. Well, not you or I, but the Central Banks and other similar institutions can quite literally create money whenever they want to. That cannot be done with Bitcoin, and it's one of the great features it has.
newbie
Activity: 12
Merit: 0
November 14, 2022, 02:12:37 AM
Buying Bitcoin is appropriate in the long run. People who are selling now are afraid that the price will get lower and lower and all the money will be lost.
Now in a bear market, even buying won't buy much. Whether it can persist until the price rises after the purchase, whether it can persist into the bull market, is a question. To buy bitcoin at a low price is to hold on to it. Don't sell bitcoins at will, don't trust any FUD.
newbie
Activity: 35
Merit: 0
November 13, 2022, 10:10:42 PM
Bitcoin is for people to create money, it is a financial asset with considerable intrinsic value and has strong economic backing.
During a bear market is definitely a good opportunity to buy some bitcoins, it is indeed profitable to hold bitcoins for the long term and it allows you to slowly build up your savings.
sr. member
Activity: 812
Merit: 365
November 13, 2022, 09:46:39 PM
Bitcoin is currently trading at a good price and now is a good opportunity to enter the world of Bitcoin. If you've not bought bitcoins yet, this might be your best opportunity this year.
Bitcoin is currently trading at $ 34,493 and the bear market is coming to an end. Also, another good thing that will definitely affect the price of bitcoin is halving.
Big investors! One of the main reasons why the price of Bitcoin does not fall much is the presence of large investors. These investors do not allow the Bitcoin price sink lower.
indeed the current year is the right time to buy bitcoin, with a cycle that is experiencing a decline, so it is a potential thing to invest.

maybe it's true that big investors played a big role in holding down the price of bitcoin, but don't forget about small investors too, because bitcoin has grown as it is now not only because of big investors, but with everyone who invests in bitcoin, want it
$1 or half a dollar.

because in crypto/bitcoin everyone who participates matters.
hero member
Activity: 1008
Merit: 960
November 13, 2022, 07:12:29 PM
~snip~
Long-term holdings in bitcoin are really profitable, and that has been proven year after year. The bear market is like a sale in the mall, and we can buy it for a cheap price. No matter how big or small you buy, at least you hold a portion of it. Imagine that 1 bitcoin 10 years ago was just a small portion, but now its price is very high. A small portion will grow over time.
In reality no one knows what's going to happen in 10 years from now.

Although, given that the fundamentals of Bitcoin haven't changed in more than a decade, and there's no sign of them changing in the future, it might be reasonable to think that.

Looking at countries like El Salvador and Central African Republic making Bitcoin legal tender means that Bitcoin is not going anywhere. It's here to stay.

More and more people will eventually see the value of Bitcoin and it will be worth more and more over the long term.
hero member
Activity: 2366
Merit: 594
November 13, 2022, 07:15:39 AM
We should really consider buying BTC as a long-term investment plan. If you think about it 10 years ago, if I started buying it, my villa is now close to the sea.

Long-term holdings in bitcoin are really profitable, and that has been proven year after year. The bear market is like a sale in the mall, and we can buy it for a cheap price. No matter how big or small you buy, at least you hold a portion of it. Imagine that 1 bitcoin 10 years ago was just a small portion, but now its price is very high. A small portion will grow over time.
sr. member
Activity: 910
Merit: 430
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November 13, 2022, 07:08:47 AM
the continued decline in bitcoin prices is strongly influenced by various factors such as economic crises and wars. Deciding when to buy and sell is up to everyone. The OP here wrote when the price was still around $34k. And at that time no one really knew if the Bitcoin price would come to a deeper decline like it is today ($16k). but actually at that time it seems that many analysts predicted that the decline in bitcoin could continue. some even say the drop could reach $11k-$12k. but I hope that doesn't happen. even though seeing the current conditions where there are more and more fud. exacerbated by the fud issue of a bankrupt exchange (ftx). adding to the fear of investors to enter. but I personally see this as long term we can buy from any point we want. either it's the current point or waiting for a deeper decline. as long as we know and are aware of the risks we take and there is no coercion from others. and keep doing the analysis by yourself.
sr. member
Activity: 714
Merit: 253
November 13, 2022, 06:40:32 AM
Bitcoin is currently trading at a good price and now is a good opportunity to enter the world of Bitcoin. If you've not bought bitcoins yet, this might be your best opportunity this year.
Bitcoin is currently trading at $ 34,493 and the bear market is coming to an end. Also, another good thing that will definitely affect the price of bitcoin is halving.
Big investors! One of the main reasons why the price of Bitcoin does not fall much is the presence of large investors. These investors do not allow the Bitcoin price sink lower.
This was written in May 2022. In November 2022 the price of bitcoin is $16,520.4, less than half of what was being traded at that time.

This is a reminder that it's impossible to know the short term fluctuations of bitcoin price.

The fundamentals of Bitcoin haven't changed. That's what's important.

No one knows in advance whether bitcoin will rise or fall, maybe OP bought bitcoin for 34k, but bitcoin didn't have to drop from 34k to 16k in a single circuit, and there were some rallies and most likely after reanalysis OP sold them. In case he doesn't sell, it's not a serious incident, as long as he hasn't sold, no loss, 1BTC = 1BTC.
sr. member
Activity: 771
Merit: 293
November 13, 2022, 06:11:42 AM
~snip~
I bet a smart trader already shorted it and rebuy on the lower price  Grin.  And probably some of those who have funds already DCA their way as the Bitcoin price plummets.  Smarter people think of ways how to compensate for or recover their losses, they don't just cry on the corner and blame the speculators and predictors.
Agreed, but what will happen to traders who are waiting for high prices to match with their big expectations when they hear the bull run? There are some of them thinking to buy at $34,493 and hope the price goes to $45K in 2 or 3 months. But damn, that didn't happen until it was time for them to pay the bills and stuff. Sad to say, but not all traders are smart. So when creating a thread about price we should think about how it affects others and take responsibility. At least write something like DYOR/DWYOR.

There are mega ways of reason but the one that is motivating is the profit behind the price changes. Grin
No doubt.
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