If we remember the trail of bitcoin's journey there is always a sharp decline after a high rise so I think this has become a common occurrence because bitcoin is for the long term, and any decline that occurs is the best option to buy.
doing long term must have two strong patience which will yield good profit, I mean besides patience to sell at the right time we also have to have patience to make purchases at the right time when the price tends to decline and actually buy at the price point lowest and then hold it for the long term.
and I think now is the right time to buy it gradually.
Topic: why we should Buy some Bitcoins - page 10. (Read 16190 times)
there are speculations that price will dive $25k, can't be so sure about the bear market coming to an end. i will agree though that its time to buy BTC if you wanted to earn when prices moons again.
to those who have a lot of money to invest, they buy Bitcoin because they want to have more millions in their pocket. retail investors want to have thousands when the bull market comes that's why we should also buy BTC.
I think the average cost of big investors is around $32000. Because of this, the Bitcoin price may drop a little more, but then it will make new ATH. Bitcoin survives despite a lot of bad news and this shows us its power.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
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.
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.
I don't think your attempt at PR is very good. Those who don't believe in bitcoin are not going to be convinced by these arguments, and those of us who believe in bitcoin don't see you telling us anything we don't already know.
You simply say that the bear market is ending but you don't say why. The halving is two years away and ATHs usually occur about a year after the halving. Regarding the large investors, with the historical falls of 80% or more that there have been, it does not hold up either.
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.
It's an opportunity if the investors would maximize such, but I've considered many factors as detrimental to making investment such as fear, many don't want to take the risk but want to behold the results of risk, things does not work in that manner, market is unpredictable and when you buy even at this present time can lead to loss if the price keep moving bearish, but the only confidence is in the future whereby the price bounce back to going high.
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.
Well i believe this to an extent but mind you investors are not the only determining factor to the volatile nature in bitcoin price, they were rather fighting for their own interests to make profits on either the fall or rise in the price.
The bear market probably isn’t coming to an end, OP. They usually last a year or two. The current one is only 5 or so months long. We will possibly go down more, it is a good time to buy though. We are 50% down from the all time high so yes buying now is good.
You should be buying only if you plan to hold long term because i have seen some newbies investing for fast returns and when they see it dipping more they panic sell and contribute worse to the bear market.So yes it's best time to invest as you could get some btc at discounted rates but hold long term.
I assume you mean when you invest. From my point of view, the best time to buy is when it is "on sale", so to speak, long-term investors are in charge of seeing what price the cryptocurrency is currently at, in this case Bitcoin. Being in a bearish state they can buy since at some point it will have a bullish state due to its high volatility rate and when it is up it can be sold. Get a certain profit margin.
It should be noted that due to the state that Bitcoin is currently in, it would be a good time to buy.
It should be noted that due to the state that Bitcoin is currently in, it would be a good time to buy.
Of all the statements, the only aquion/currency that has always proven to be the safest is Bitcoin, and it is not because it is fashionable, or that in some countries it is talked and adopted by it, you just have to see the figures QEU shows the main countries such as the USA that has a strong economy with respect to many nations economies, but a great fall is predicted, in fact some economists have recommended selling real estate and passing that money to a safe asset or refuge, such as the Gold, but it is known very well that gold does not rise like bitcoin, maybe for many it is the safest, but I think that Bitcoin is much safer than anything else, like gold, like another currency, since the Trend will always be Bullish, that's enough for me and that's why I have that conviction.
From what I have seen of the behavior of the BTC, there is always a Bullish movement before or after the BTC hal, that is something that every investor must see, then it is an aid for those who have doubts in regard to BTC and its Investment.
From what I have seen of the behavior of the BTC, there is always a Bullish movement before or after the BTC hal, that is something that every investor must see, then it is an aid for those who have doubts in regard to BTC and its Investment.
It is all depending on the ongoing market situation. Think of bitcoin price few months back. It marked its ATH which is double the value of bitcoin at present. If one has got the ability to hold, then profit is assured in the long term. Most of the time people feel once after missing opportunity. This is the reason why everyone are suggested to buy bitcoin. We've been seeing price predictions of $25k, same time there is price prediction of reaching $100k.
Bitcoin is designed so that in the long term it will be way more valuable than the current value.
And since short term movements in the price of Bitcoin cannot be predicted, I would say DCA is the best way to obtain more and more Bitcoin along the years.
Here's a blog of a person that decided doing that since 2017:
https://er-bybitcoin.com/
And since short term movements in the price of Bitcoin cannot be predicted, I would say DCA is the best way to obtain more and more Bitcoin along the years.
Here's a blog of a person that decided doing that since 2017:
https://er-bybitcoin.com/
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.
Why are you announcing that bear market is about to end, if it hasn't been even one full year since the ATH/top of the bull cycle? There's still a lot of time till a new bull cycle starts, if the previous pattern holds true. And halvening will only happen in 2 years, and it usually takes a bit more time after the halvening for a new bull run to start.
It's true that bear market is a good time to buy, but it doesn't mean that now is the perfect time, although remember that perfect shouldn't be an enemy of good.
Some thread[1] discussion stated that Bitcoin might fall below $30k this year so buying at the current price isn't the best time if that prediction comes true. The current price is indeed a good entry point since the ATH price but I think we shouldn't consider to all-in our investment fund but rather do an accumulation in every lower low to maximize the profit.
I highly agree, so buying in accumulation in this bear market is very much preferred over one-time buying.
[1] https://bitcointalksearch.org/topic/m.60076895
The bear market probably isn’t coming to an end, OP. They usually last a year or two. The current one is only 5 or so months long. We will possibly go down more, it is a good time to buy though.
I highly agree, so buying in accumulation in this bear market is very much preferred over one-time buying.
[1] https://bitcointalksearch.org/topic/m.60076895
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.
We'll always say the same thing about buying bitcoin. It's all about the decision of being long term on it and each dip is going to be a good opportunity.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.
We may not know that this dip could be the lowest or there will be another one that's going to be a lower price. But as you buy, make sure that you're decided and whether it goes low after buying, you have some spare money prepared to buy again.
<.....>
Even if there are big investors people must understand there are big holders who will sell their coins at some point.
If the panic comes the price could keep crashing. some people bought BTC in November and December at 65k... if they still holding then they already lose 45%, and there is where the panic comes from.
If we buy right now and it drops to $30k, we will be losing more than 10%, so, I would recommend following the drop, and when recovery starts then just ride the wave.
I agree with you. Because there are miners and whales, if they started to sell, then it might be going down again. But we have to remember one point, brother, that this is crypto and we are with bitcoin only dependent on our hope. because we already know that bitcoin's price is unpredictable. Though people are saying that it might be the bear market's end of the point. Though I have a little doubt on that. I thought we might see a little more dump. because bitcoin was at a stable point for some days. Now maybe we saw a little more than that. Then the bullish market can be started. So it is a speculation. And my opinion can be different from others'. Thank you.
The bear market probably isn’t coming to an end, OP. They usually last a year or two. The current one is only 5 or so months long. We will possibly go down more, it is a good time to buy though. We are 50% down from the all time high so yes buying now is good.
Making comparison of the all time high price of bitcoin along with it's present price, this is a good opportunity to enter the market. The ongoing market drop is connected to the outflow of bitcoin from the Terra foundation.
Terra planned to back its stablecoins with bitcoin and for the same it bought huge volume of bitcoins. So, there is more chances of market getting recovered at the earliest. So, users can considering investing at the moment for short term profiting. This is my personal view and before investing do your own research.
Terra planned to back its stablecoins with bitcoin and for the same it bought huge volume of bitcoins. So, there is more chances of market getting recovered at the earliest. So, users can considering investing at the moment for short term profiting. This is my personal view and before investing do your own research.
The truth is people become worried during a bear market to buy Bitcoin. They think it would dump more and wait. So in the end, they start buying when they see a green candle. That's how we miss the opportunity to accumulate some sat. I know it's a good time to accumulate Bitcoin, but I don't expect more dump at all. But still, we don't know what will happen. Some big FUDDER behind this dump and they are doing this. Bullish will start soon and we can see green candles again. This is Bitcoin behavior at all.
I may sound as though I am another guy who is buying Bitcoins with the thought to make a few bucks but I'm not. I am buying some because I think it's a good idea. I like Bitcoin because it enables you to send money around the world with almost zero transaction costs and it lets you exchange value instantly between two peers. Sounds like a good thing to have.
I also like to think of it as a form of saving. A lot of people have different reasons for buying Bitcoins but I'd say most people buy because they think that it will keep increasing in value. Some people use it for investments. I have no idea how Bitcoin's future will turn out but the fact that people are willing to bet so much money on it means that it could become an incredibly powerful store of value in the future. Maybe in 10 years' time I’ll be kicking myself for not getting into it even more. For now though I'm just buying as much as I can and hoping for the best.
I also like to think of it as a form of saving. A lot of people have different reasons for buying Bitcoins but I'd say most people buy because they think that it will keep increasing in value. Some people use it for investments. I have no idea how Bitcoin's future will turn out but the fact that people are willing to bet so much money on it means that it could become an incredibly powerful store of value in the future. Maybe in 10 years' time I’ll be kicking myself for not getting into it even more. For now though I'm just buying as much as I can and hoping for the best.
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.
I don't know if this is coming to an end or not, but I know one thing for sure, if you are getting an opportunity to buy BTC at half the price of it's all time high, and that also in when it has fallen so steeply this definitely is a time to buy it, I would suggest you to atleast buy one big chunk here and then wait for the market to react after this, if it goes down buy another chunk to dollar cost average yourself and if it flies from here itself then consider yourself lucky and enjoy the profits that you are making, but yes this is the time when everyone is selling so if you have free capital you definitely should buy at this moment. 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.
I don't think it's the proper time to enter in Bitcoin because the market is still in bearish ride. According to technical analysis it could touch 30k $ support and at the support level it can be crashed by panic sellers. So we should enter the market and full our bags with Bitcoin when market will start recovering properly.
We should buy bitcoins but the most important is to buy it at the right time.
Maybe you are right, but not completely right. Because the market is volatile, you can't just rely on waiting speculation. If you have missed the train then you say: why not buy at the bearish yesterday?. Therefore, in every decline, there is always a buy, no matter whether it will go deeper or it will bounce back unexpectedly. Every analysis will always be broken by a relatively running market according to its will. We should buy bitcoins but the most important is to buy it at the right time.
Jump to: