why we should Buy some Bitcoins - page 2.

nullama

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Quote from: mr_ROBOTT on May 08, 2022, 01:03:57 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.

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.

ChiNgadOr

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Quote from: harapan on November 12, 2022, 05:44:27 AM

Quote from: mr_ROBOTT on May 08, 2022, 01:03:57 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.

How fast do you think we are escaping the bear market, the recent FTX shit will keep the market down for some weeks until an upward move. But buying low has always been the best option for those long time investors. Big Investors also buy now, they know how to make good use of it a little bit push in the price of the market or Bitcoin, withdrawal of the profit and the initial money used to invest will be pulled out. It's a good chance for you, those who have taken actions buying are steps away from become richer than they are in Bitcoin innthe next Bull

Even though the FTX is going to make the crypto market bear for sometime, it Is still an opportunity for us to keep buying and sending the coin to our wallet not exchange because from this that had happened to FTX, people are now becoming wise to never put their coins on exchanges even to the best and reliable exchanges.
Bitcoin is still the most reliable crypto we have now that people are now becoming scared on what coin to buy especially for the altcoins that are good for investing now can become worse tomorrow.

serjent05

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Quote from: mr_ROBOTT on May 08, 2022, 01:03:57 PM

~snip~
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. ~snip~

This is why I don't like prediction/speculation stuff. Everyone yelling out "the bear market is about to end, buy now!".

I imagine if a lot of short term traders followed the OP's advice when this thread was created, I'm sure they would be crying now because what happened was beyond their expectations, unless they were still holding it in their wallet. Now the price of BTC to USD is $16,796.
So please always do your own research with lots of references.

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.

Quote from: ?? on ??

Why should we buy Bitcoin? Price is one reason, but not the only one.

There are mega ways of reason but the one that is motivating is the profit behind the price changes. Grin

savetheFORUM

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Quote from: Nrcewker on November 11, 2022, 03:39:16 AM

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We should wait until the price becomes stable again. There are some panic sellers who have lost their money. Buyers may benefit from this situation though.

We should completely avoid buying or selling at this current situation. Market is really unbalanced and there are a lot of fluctuations we can witness. All these are made by the big sharks in order to get profits. But sad to know that there are some panic sellers who falling in this trap and selling their coins. Nevertheless they are setting example for others. Bitcoins are for long term investment only, so think again before selling. Only sell these precious Bitcoins when you need money in real emergencies.

If you are a trader then there is no need for you to stop but a high fluctuations are in fact your strengths. This should make your trades more easier and more profitable but for a long term investor, the only thing that they can do right now is to buy more coins because the price of the coins are dropping badly again.

I don't think the recent dip in the price is caused by the manipulators such as sharks or whales but I can believe more on what the majority is saying right now that is caused by the crypto exchanges. There will always be panic sellers because there will always be new people that will enter on this market but old crypto users already learned their lesson.

harapan

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Quote from: mr_ROBOTT on May 08, 2022, 01:03:57 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.

How fast do you think we are escaping the bear market, the recent FTX shit will keep the market down for some weeks until an upward move. But buying low has always been the best option for those long time investors. Big Investors also buy now, they know how to make good use of it a little bit push in the price of the market or Bitcoin, withdrawal of the profit and the initial money used to invest will be pulled out. It's a good chance for you, those who have taken actions buying are steps away from become richer than they are in Bitcoin innthe next Bull

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Quote from: n0ne on November 11, 2022, 04:37:58 AM

The chart out of the investopedia and coinmarketcap gives an outline about the price movement that have happened over the years. There is regular market variation upwards and downwards, the second chart shows continued decline in the market. This means the market surely finds a recovery point, until then we need to have the patience to hold. Whenever the market price looks like an opportunity it is good to buy some to profit out of it.

This is only possible for the people who are patient enough to wait and have some other source of income to support their daily needs without taking back their investment money. Because there are some people who took it to another level where they even sold their houses just to invest in bitcoins and that kind of thing will take lots of courage from those persons because they putting everything into their bitcoins investment. I think it's always important to be moderate when it comes to investment because the crypto market is not that really good when it comes to multiplying your money in a rush, it always takes a lot of time unless you are someone who is willing to take the risk to another level.

n0ne

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The chart out of the investopedia and coinmarketcap gives an outline about the price movement that have happened over the years. There is regular market variation upwards and downwards, the second chart shows continued decline in the market. This means the market surely finds a recovery point, until then we need to have the patience to hold. Whenever the market price looks like an opportunity it is good to buy some to profit out of it.

Nrcewker

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We should wait until the price becomes stable again. There are some panic sellers who have lost their money. Buyers may benefit from this situation though.

We should completely avoid buying or selling at this current situation. Market is really unbalanced and there are a lot of fluctuations we can witness. All these are made by the big sharks in order to get profits. But sad to know that there are some panic sellers who falling in this trap and selling their coins. Nevertheless they are setting example for others. Bitcoins are for long term investment only, so think again before selling. Only sell these precious Bitcoins when you need money in real emergencies.

amihada

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Bitcoin is the king of other alcoins, it is very appropriate for us to buy bitcoin for long term investment, currently the bitcoin price is going down, this is a good opportunity to buy bitcoin, if you don't take this opportunity, you will regret it later.

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Quote from: sumant on June 12, 2022, 07:08:53 AM

If your are real crypto lover then should buy some bitcoin because of bitcoin is first and more accepted crypto in world right now. Some countries accepting bitcoin payments, this make really good positive thinking about bitcoin. At present time btc price is very low or at right time to buy so we can make a good entry. Bitcoin is first crypto after this creation crypto industry has become more advanced industry now.

in a situation where the price is being corrected, I agree with you, my friend, that this is an opportunity to store more bitcoins and wait for the future where when bitcoins increase and then they start to be released, of course it will produce fantastic value.

Quote from: Ebede on June 13, 2022, 08:32:32 AM

Someone knows about cryptocurrency will not delay to buy Bitcoin as investment so does people whole discourage people not to buy cryptocurrency as investment his people that doesn't understand the beginning and then how currency work, it is quite wrong this particular time that is civilize and the people no bitcoin well as one of shortest and they pronounce way off investment so someone that is not a bitcoin lover cannot admit such of investing with bitcoin

It is clear that investing in crypto today is a very wise choice and many already understand that investing in crypto is very promising. especially for the current best ranked coins such as bitcoin, ethereum, BNB of course very worth holding. it seems that if you say that someone does not recommend buying crypto because only knowledge is not updated, if they continue to update then they will change and immediately make crypto an attractive investment. it's not easy to change someone to want to give up their funds on something that is not yet known and understood, so one day they will understand that too.

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Quote from: coupable on June 11, 2022, 07:59:21 PM

Quote from: 19Nov16 on June 09, 2022, 10:06:05 AM

Profit opportunities that can reach more than 100% in a year or even lack my reason to buy Bitcoin, with the potential market that continues to grow I am optimistic that Bitcoin can give me a big profit one day, I want to follow the success of many people who invest in Bitcoin and things All I do is buy and hold for the long term.

I think this is your best time or never to buy bitcoin at the cheapest price since years. According to many analysis, and due to the actual global world situation, the bitcoin price will continue dropping until the next upcoming halving in the next 2024. Means we still have about two years to invest in bitcoin and get some extra benefits within the next two years.

This is again not right as there will be a bottom somewhere and this bottom will not be available for the whole four years. I don't know what will be the bottom of bitcoin in this bull run, it can be 15,000$ or 20,000$ who knows but the prices won't stay here for long. So it is better to start buying now and keep buying more as we move downwards.

Ebede

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Quote from: sumant on June 12, 2022, 07:08:53 AM

If your are real crypto lover then should buy some bitcoin because of bitcoin is first and more accepted crypto in world right now. Some countries accepting bitcoin payments, this make really good positive thinking about bitcoin. At present time btc price is very low or at right time to buy so we can make a good entry. Bitcoin is first crypto after this creation crypto industry has become more advanced industry now.

Someone knows about cryptocurrency will not delay to buy Bitcoin as investment so does people whole discourage people not to buy cryptocurrency as investment his people that doesn't understand the beginning and then how currency work, it is quite wrong this particular time that is civilize and the people no bitcoin well as one of shortest and they pronounce way off investment so someone that is not a bitcoin lover cannot admit such of investing with bitcoin

Doan9269

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Quote from: sumant on June 12, 2022, 07:08:53 AM

If your are real crypto lover then should buy some bitcoin because of bitcoin is first and more accepted crypto in world right now. Some countries accepting bitcoin payments, this make really good positive thinking about bitcoin. At present time btc price is very low or at right time to buy so we can make a good entry. Bitcoin is first crypto after this creation crypto industry has become more advanced industry now.

Well spoken, if one must enter into bitcoin investment in cryptocurrency then the best time is now, we need to make a buy by taking the advantage of low in price and make our investments, this is what differentiate bitcoin from other cryptocurrencies, you buy even when it running low in price speculation, other cryptos fails to have resistance to falling and thereby can make it difficult to invest on them because of their high risk

AicecreaME

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Now is really the good opportunity to buy bitcoin because the market is bearish meaning the prices are low. This indicates a good buying scenario wherein an investor can maximize his fund but the returns will take a while, particularly the enter of bullish season. During the lowest of lows of the market where the whales rejoice because they can hoard as much and sell it at higher price value when the right time comes.

This should also be the attitude of most of us if we want to succeed. Although of course, we should still take into consideration the risks of buying coins at this season because not all coins has the potential to increase in price after the bearish market ends. Research is still a must especially if you don't have much to spare.

Cryptmuster

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Quote from: lienfaye on June 13, 2022, 03:50:22 AM

Thats why we must be prepared for the outcome if we invest since the movement is unpredicted. Just like now, the price decreased further so if you buy last week it might be disappointing to see the result especially if you're a newbie in crypto and didnt prepare yourself for the worse case that can happen. Anyhow if you plan to hold for long period then there's no need to worry for the current price because in time it will increase again. We just need a lot of patience.

Because you need to buy in parts, and then there will be no problem if you bought some part last week, and you can buy now. And you can also buy next week and so on until the bear market continues. In general, you are right, sooner or later growth will begin, and then if you have enough patience, investments will bring profit.

CryptSafe

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Quote from: mr_ROBOTT on May 08, 2022, 01:03:57 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.

This is absolutely the time to hop into the market as it is now. Though some impatient holders are panic selling currently as a result of the point at which they bought and to my guess I believe they bought at high price and that would continue to cause price crash until it picks up again. Come to talk of it, isn't it clear that the market is been manipulated?

lienfaye

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Quote from: Cryptmuster on June 09, 2022, 05:23:08 AM

Quote from: lienfaye on June 09, 2022, 01:43:24 AM

Well, its uncertain if the price of Bitcoin will decrease further. Many speculated that it can happen so they're waiting for that before they buy to avoid losses but we cant really predict if it will going to happen or the price might recover consistently since anything is possible when it comes to Bitcoin's movement.

Anyway, the current price is still cheap if we're going to compare it for the past months, thus its fine to buy especially if you plan to hold for long term. Of course its risky because we dont know what could be the next movement right after you buy, but as long as you're not selling and willing to wait for the right time to take profit then you wont lose anything. Its only the price that turn downward but not the number of Bitcoin that you hold.

Even if you think that the price will no longer fall, you still should not buy for the entire available deposit. You need to take into account different outcomes, both the growth and the further fall of bitcoin, and it is for this case that you should have reserves so that you can buy at a lower price, and not just watch a further fall, without the ability to buy. Yes, in the future it will still grow, but also don’t want to miss the opportunity to buy more bitcoin.

Thats why we must be prepared for the outcome if we invest since the movement is unpredicted. Just like now, the price decreased further so if you buy last week it might be disappointing to see the result especially if you're a newbie in crypto and didnt prepare yourself for the worse case that can happen. Anyhow if you plan to hold for long period then there's no need to worry for the current price because in time it will increase again. We just need a lot of patience.

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Quote from: Sebas.tian on June 12, 2022, 08:48:44 AM

Quote

I think it is the right time to buy because u might be waiting for more price declination before buying and you won't see the time coming. I know with the current experience in Bitcoin market many are anticipating that the price will still drop. But still it will be nice to buy and be watching how it goes. Thanks

Yes, this is the best time to buy bitcoin and hold for the price to increase higher in the market before you can sell to make a good profit. Now that the price has dropped down to $27,000 few hours ago showed that there is still opportunity for people to buy huge amount of bitcoin before the price will increase higher. I think, those that bought bitcoin few months ago when the price dropped down to $30,000 are seriously watching the market price to hit back $50,000 before they can sell to make a huge amount of money from their investment.

Yes bitcoin price is trading at 25.7k, not sure if this is the best or lowest price of bitcoin but at this price we can start buying . When bitcoin was at $30k a lot of people believed it was the bottom of this bear cycle so a lot of people bought at that price so it will be good for those who haven't bought bitcoin yet, buy it from now on.

IMO, bitcoin price is likely to drop to the $20k region and stay there for a long time before rising again, but it's all speculation so I think we should start spreading our buy orders. if bitcoin continues to fall, we will continue to buy.

Ale88

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Quote from: coupable on June 11, 2022, 07:59:21 PM

Quote from: 19Nov16 on June 09, 2022, 10:06:05 AM

Profit opportunities that can reach more than 100% in a year or even lack my reason to buy Bitcoin, with the potential market that continues to grow I am optimistic that Bitcoin can give me a big profit one day, I want to follow the success of many people who invest in Bitcoin and things All I do is buy and hold for the long term.

I think this is your best time or never to buy bitcoin at the cheapest price since years. According to many analysis, and due to the actual global world situation, the bitcoin price will continue dropping until the next upcoming halving in the next 2024. Means we still have about two years to invest in bitcoin and get some extra benefits within the next two years.

I agree that the global situation doesn't look any good in the short term, I wouldn't be so sure about other 2 years of bear market, it would mean a total of 3 years of bear market out of a 4-year halving cycle, it's a little too much in my opinion. And at that point it would be even more than 3 years because if it actually keeps dumping I don't think 1 day after the halving the market will suddenly pump, it'll take months.

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Quote from: Cryptmuster on June 09, 2022, 05:23:08 AM

Even if you think that the price will no longer fall, you still should not buy for the entire available deposit. You need to take into account different outcomes, both the growth and the further fall of bitcoin, and it is for this case that you should have reserves so that you can buy at a lower price, and not just watch a further fall, without the ability to buy. Yes, in the future it will still grow, but also don’t want to miss the opportunity to buy more bitcoin.

That is basically DCA. If you do not buy with all the deposit, keep some aside, and then keep on buying it with intervals (or when it drops) that is the DCA method that will make you richer. I believe that the best thing we could do right now would be to make sure that we are not certain about what bitcoin will do.

Because, it may do something awesome right now, or it may not do something awesome, we have absolutely no idea. This means, if we have no idea, why should we risk all of our money all at once? Hence we should be investing into crypto a bit more carefully and the most careful method is DCA, where we invest with intervals and put times in between each purchase.

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