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Topic: why we should Buy some Bitcoins - page 6. (Read 16190 times)

copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
May 28, 2022, 02:22:09 AM
Why shouldn't you? Look at the price 10 years ago and see what the current price is (not even telling you to see the all time high). It just went up and up. If you bought some bitcoins back then and held it for a decade, you should have some very nice amount of profit. If you bought every dip, you probably are a millionaire by now.
The bear market isn't coming to an end. You can't say that with hundred percent certainty. Look at the price now. It has already gone down to less than 29,000 USD. Around 5,000 USD less than what you thought the final dip would be.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
May 27, 2022, 07:13:53 PM
We are not yet sure if the bear market is over ,there has been a lot of predictions that the next bull run should be something that would take place in 2024 which is when the next halving is going to take place.  So most of us are looking forward to that time.

And I also read another prediction as of recent which was saying that the bear trend might continue, and that Bitcoin might even drop 50% and reach the price of $15,000. With that said, it’s still not a bad idea to invest in Bitcoin, because we all would be investing at a lower rate. Even if you invest in this current price of $30,000, or the price happens to reach $15,000 and you invest then, you are still going to benefit from it in the future when the price starts to increase again.

If we can take advantage and have the opportunity to buy bitcoin for as low as $15k then we are indeed very lucky but if we buy bitcoin from now on there is nothing to worry about because over time bitcoin will rise again and will always hit a new ATH after each bear cycle.

Investing in bitcoin is really a perfect choice, a way to save money for the future and will guarantee us a full future if we can hold bitcoin long enough.
15,000$ would be a great enter point, but it's preferable to guarantee the investment at the currently bitcoin rates, because it's not assured that prediction is accurate enough. Investors who wait for the perfect dip tend to lose the opportunities the market is offering at the present moment. After all, they end not buying a single satoshi, as they justify the price is never cheap enough and can always dump a little more.

Big investors know rounded cheap prices like 15,000$ are the moment many investors feel incentivized and confident to start investing large sums of money in bitcoin, so before the price hits that mark, they inject heavy money in bitcoin (let's say at 20,000$,16,000$ price range). This way they guarantee cheap coins for themselves, nuke the concurrency and centralize more coins on their hands.
full member
Activity: 322
Merit: 110
elysian.finance
May 27, 2022, 06:53:47 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.

Buying some bitcoin is a good choice but is this the right time to buy or not? I am afraid that bitcoin will go down more. So I am still waiting when is the lowest price of BTC is.
sr. member
Activity: 1456
Merit: 251
May 27, 2022, 12:20:35 PM
why do we buy bitcoin, the answer is bitcoin as an asset and just keep it until the bitcoin price soars, everyone has the same goal as I think, no one wants to lose in investing.
sr. member
Activity: 1362
Merit: 258
Vave.com - Crypto Casino
May 27, 2022, 09:23:59 AM
currently panic has become an obstacle for the value of BTc itself where the value of btc is getting lower to 28k-29k$, hopefully this is the lowest value of BTC, my advice if you are going to buy bitcoin when the rising wave is visible, don't now there is still a possibility that btc is still going down
full member
Activity: 1512
Merit: 115
May 27, 2022, 03:19:34 AM
#99
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.

Just to add on what OP mentioned, the potential of doubling or tripling your profits when you invest into cryptocurrencies is relatively high, though this also follows on losses. So investing, in general, is a risk that you should decide beforehand before you fully commit into investing into cryptocurrencies.

I started my journey way back in 2017 where the price was still sitting around $4,000-$5,000. After a few years, its price skyrocketed and I definitely profited along my way. There will be times where its price may sit stably at one price point (e.g. $30,000 today - few months) but it will definitely skyrocket given its inflationary nature.
Exactly and once you know what to invest in and at the right time it will always come out profitable. Sometimes we shouldn't also forget to look at some good chats that seem to be correct most of the time for guidance as well. If we take a look at the Bitcoin Rainbow Price Chart on https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/ you would notice that it is indicating a buy signal and as we know, this are a good time to buy some Bitcoin for the time to come.

hero member
Activity: 2268
Merit: 789
May 26, 2022, 06:40:02 PM
#98
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.

Just to add on what OP mentioned, the potential of doubling or tripling your profits when you invest into cryptocurrencies is relatively high, though this also follows on losses. So investing, in general, is a risk that you should decide beforehand before you fully commit into investing into cryptocurrencies.

I started my journey way back in 2017 where the price was still sitting around $4,000-$5,000. After a few years, its price skyrocketed and I definitely profited along my way. There will be times where its price may sit stably at one price point (e.g. $30,000 today - few months) but it will definitely skyrocket given its inflationary nature.
full member
Activity: 276
Merit: 100
May 26, 2022, 06:17:15 PM
#97
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.

At the dip price of bitcoin is the best time to invest but I cannot say when is the dip price wherein you can invest more and leave it until the price of btc increase once again. BTC price is unstable just like altcoins, i cannot risk my savings just like that but instead invest at the amount if money that you can afford to lose.

 

legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
May 26, 2022, 12:00:57 PM
#96
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.
I would refrain from giving financial advice, it is indeed a lower than average price price but still expensive for any people out there and there is a chance that the price might go even lower if some sell off starts at 30k. Bitcoin is facing some resistance at this level.

Quote
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.
It is not about letting the price sink, it is about the S/R level.

Invest with what you can lose, bitcoin is a great option of investing. But choose your prices wisely because once you buy you will also need to reach a selling price even if you dont wish to sell immediately, to give yourself the mental peace that you are in profit.

Bigger institutions have much bigger capital at hand, not like individuals like us. Hence we have to tread carefully in a prolonged bear market.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
May 26, 2022, 10:26:10 AM
#95
when you enter btc you have to prepare beforehand for the risks that will be faced in the worst situation, for example your BTC value is getting lower because this is a factor that often causes panic so you sell at a loss
because if you want to profit from bitcoin, at least around 30k $ is already quite good from the previous ath value
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
May 26, 2022, 09:54:40 AM
#94
We are not yet sure if the bear market is over ,there has been a lot of predictions that the next bull run should be something that would take place in 2024 which is when the next halving is going to take place.  So most of us are looking forward to that time.

And I also read another prediction as of recent which was saying that the bear trend might continue, and that Bitcoin might even drop 50% and reach the price of $15,000. With that said, it’s still not a bad idea to invest in Bitcoin, because we all would be investing at a lower rate. Even if you invest in this current price of $30,000, or the price happens to reach $15,000 and you invest then, you are still going to benefit from it in the future when the price starts to increase again.

If we can take advantage and have the opportunity to buy bitcoin for as low as $15k then we are indeed very lucky but if we buy bitcoin from now on there is nothing to worry about because over time bitcoin will rise again and will always hit a new ATH after each bear cycle.

Investing in bitcoin is really a perfect choice, a way to save money for the future and will guarantee us a full future if we can hold bitcoin long enough.
full member
Activity: 1554
Merit: 123
Buzz App - Spin wheel, farm rewards
May 26, 2022, 09:26:07 AM
#93
Bitcoin very valuable asset bitcoin can be kept for a long time now bitcoin price is down again this is a good opportunity to own a valuable asset i used to keep gold for five years and i got 100% profit now i try to invest bitcoin because bitcoin price will down i will store bitcoin like i store gold.
sr. member
Activity: 1330
Merit: 289
May 26, 2022, 08:15:11 AM
#92
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.
Bitcoin survive very well because is the first cryptocurrency and the developmental technology is not like some other of cryptocurrency, the dropping of bitcoin price is what keeps bitcoin going, because what impressed me for bitcoin invest directly not any altcoins, is that, no matter how much you invest in bitcoins it falls to Ash you will make same available profit if you alone the remaining values to stay. Secondly, panicking when the price is on tension and you push or rush the market to sell your coin, also contribute for lost of coins. That is why bitcoin business is followed with endurance. The side bad news of bitcoin make people to know it more and make it for people who want to invest to withdraw interests
legendary
Activity: 3276
Merit: 2442
May 26, 2022, 08:00:34 AM
#91
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. [b 9These investors do not allow the Bitcoin price sink lower.

LoL. Famous last words.

That's why technical analysis suck. Some dick draws some arbitrary lines on the charts and says the bear is ova, the bull is coming etc And guess what he is wrong again. ~20 days ago the OP said the bear is over and bitcoin then went down under $30k and right now it is trading at ~$28k. I don't know but that doesn't sound like the end of the bear market to me. Maybe it is only even starting. In the end the FED has only begun raising the interest rates and they will keep rising it till the end of the year.
hero member
Activity: 952
Merit: 555
May 26, 2022, 07:21:01 AM
#90
in fact, currently bitcoin is at a price of $29k, when we think the price is very low, it turns out that the price is back down, and that's where we find it difficult to predict accurately. if bitcoin will come back down again then the target may be up to a price of around $25k, but even then no one can know for sure, therefore it is important for us to learn cryptocurrency, so that we can analyze ourselves, with confidence in ourselves, hopefully we can be successful after

it id also very important for us as well to fully understand the reality behind the bitcoin price volatility, demand and supply is very important and useful in the study of economics, bitcoin price at this current time isn't something worth an iota of panic because we know already that it cannot exceeded a certain limit when dropping, this is one of the assurance bitcoin has come to offer against other coins that does not portrait a relevance stand, just as the Newton law of motion, when an object goes up it surely comes down and vise versa.
legendary
Activity: 1904
Merit: 1176
Glory To Ukraine! Glory to the heroes!
May 26, 2022, 05:52:08 AM
#89
Now it’s a really good time. before I got to know about Bitcoin, my favourite asset used to be gold, and I invested in it for a long time, but this time around Bitcoin has been my favorite asset to invest in. Alongside other cryptocurrencies, such as ethereum, and cardano. The profit I have been able to make from cryptocurrency has been so far bigger than what I was able to make from gold, within short time I’m able to cover up what I would have made with gold in like about two years or even more. Bitcoin grows really fast, and even if the price drops , there is still hope that it would grow again in the future.

Gold does not have such price fluctuations and this will be a plus for investors who love stability, but bitcoin can give more profit in a shorter period of time. Both assets are good in their own way and I think that it is necessary to invest in both gold and bitcoin, in fact, that's what I do. Risk sharing is what can give you additional protection for your investment portfolio.
full member
Activity: 1050
Merit: 100
May 26, 2022, 03:42:15 AM
#88
in fact, currently bitcoin is at a price of $29k, when we think the price is very low, it turns out that the price is back down, and that's where we find it difficult to predict accurately. if bitcoin will come back down again then the target may be up to a price of around $25k, but even then no one can know for sure, therefore it is important for us to learn cryptocurrency, so that we can analyze ourselves, with confidence in ourselves, hopefully we can be successful after
legendary
Activity: 2660
Merit: 1074
May 26, 2022, 03:23:36 AM
#87
Bitcoin is in high demand in the crypto world. Bitcoin is not just a digital currency, it is now considered a goldsmith's asset. In terms of price, the price of Bitcoin is much cheaper now if it is considered in terms of maximum price. So Bitcoin is worth to invest right now.
Now it’s a really good time. before I got to know about Bitcoin, my favourite asset used to be gold, and I invested in it for a long time, but this time around Bitcoin has been my favorite asset to invest in. Alongside other cryptocurrencies, such as ethereum, and cardano. The profit I have been able to make from cryptocurrency has been so far bigger than what I was able to make from gold, within short time I’m able to cover up what I would have made with gold in like about two years or even more. Bitcoin grows really fast, and even if the price drops , there is still hope that it would grow again in the future.
legendary
Activity: 2338
Merit: 1124
May 26, 2022, 12:55:30 AM
#86
Bitcoin is in high demand in the crypto world. Bitcoin is not just a digital currency, it is now considered a goldsmith's asset. In terms of price, the price of Bitcoin is much cheaper now if it is considered in terms of maximum price. So Bitcoin is worth to invest right now.
Don't have to now think of Bitcoin to be a good investment for a few years ago Bitcoin is also very good for you to invest. Imagine you invested 5 years ago maybe you can relax by the beach enjoying your day with the benefits you get.
This is the same thing for the next 5 years as well but people are not seeing it, that's the sad part about it. I mean if you invested 5 years ago, it was around a few thousand dollars at best and then it went up to 20k as well and we reached 68k peak ATH price as well.

However, it is 30k right now and I believe that in 5 years by 2027 we are going to see it around 200k at least, that's nearly 7x difference and that should be in the minds of everyone. If you are not seeing it reach there, then it is your loss and I believe that it will reach there and we are going to make a lot of profit if we buy right now and wait for it to reach that level. Consider putting more and more money in the next 5 years as well, that would be awesome.
jr. member
Activity: 98
Merit: 2
May 25, 2022, 12:16:28 PM
#85
Initially, I considered buying cryptocurrency as an investment. Actually, no changes so far, except for the price of this same bitcoin.
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