Topic: You have a better chance with Bitcoin now than the next minute! (Read 589 times)

The price difference between the beginning and now is huge, it's only increasing gradually. Bitcoin has halved this year so before its price halved there was a big effect and Bitcoin hit all time highs. Bitcoin has seen growth this year in a way not seen in previous years. The price of Bitcoin is currently above $60k, since the halving could resume Bitcoin's upward trend. I think there is a golden opportunity to increase investment right now, we may see the price of Bitcoin go up very soon. Now is a great opportunity to hold Bitcoin for the next bull run.

If you want to achieve big profit from BTC investment, try to hodl it for a long years which is the simple strategy many hodlers use to accumulate profits in their wallets.

Don't allow people to deceive you, that there are some shortcut which you can make a big profit than long term hodlers, and if you are not careful they can scam your coins to leave you in regret which many newbies has fall victims to such scammers in the community.

The better choice is now, to invest in BTC before the price will pump higher because the price is still low for people to take advantage of the price to hodl plenty of BTC for bull run to come before they can supply to make a good profits that will be higher than the ones they made when the price hit $73k last month.

You are right, and all investors have their own strategies according to their existing abilities and create an overall strategy that suits the circumstances and is also suitable for them so that their strategy runs well and is also profitable.
We all know that Bitcoin's footprint will not disappoint in the future, and as you said, those who have been in Bitcoin for a long time don't just sit back and not do it. And there are also many investors who prepare their money by continuing to accumulate it so that it gets bigger and not using important money with the aim of being able to make large purchases at the right time.
And whatever strategy is used, it all aims to produce good profits and the most important thing is to have strong confidence and patience in doing it so that the results are as expected.

This is what is called putting forward a strategy before making a decision. It requires caution, mental readiness and also considering the risks, because in Bitcoin investment investors need to make the right decisions and always avoid FOMO. Preparing an investment strategy is very necessary to become the basis for the investment plan to run perfectly. Waiting does not mean you have missed the opportunity to make bigger profits, there are certain reasons to consider, such as the market moving downwards. Every investor has the right to manage their own finances, they certainly know what is best to manage their money.

If you look at people who already know Bitcoin and also they have started to understand how Bitcoin works, but still haven't invested in Bitcoin. We should not immediately make bad assumptions about this person because maybe they are preparing their own abilities before actually investing in Bitcoin, because basically everyone will find it much easier to invest when their confidence in Bitcoin starts to increase and also their financial capabilities which is also starting to get big. For example, an investor makes a special capital allocation for investment so that he will not mix that money with the money he uses every day.

For some people who understand Bitcoin but don't invest, of course they have missed the opportunity to make a profit from investing in Bitcoin and this is their own choice and we don't need to blame them, but if they decide to invest of course they will can achieve their current financial stability and those who do not take this opportunity will certainly regret having missed the opportunity they have.
Using the DCA method will certainly make it easier for us to invest in Bitcoin because we can buy according to our capabilities and most importantly we must be able to do it regularly in order to achieve our investment targets.

I won't feel sad about it, rather I will feel annoyed. Not sure if they are lazy, dumb, or what.. but they deserved what is happening at them. There is no one to be blamed here for the hardships that they experienced about their life but only their selves. Even though they heard and know BTC too, I won't say that we have the same knowledge as them because if they do, then they will also invest in BTC. The word ' knowledge ' is too vast you know.

I think there are still people who are like that which are annoyed already about their ignorance and they say to themselves that they will not repeat the same mistakes again. This is also the reason on why DCA buying method was born.

That is how it shows that holding is not regretful but a good way of making money long-term especially if you are a busy person. This investment is risky but still worth it believing that as the years passed by, the price went high also. If we can take a chance now to buy, we are not just losing opportunity but we are taking something that can possibly change our life in the future. Some people have lost their money from investing in Bitcoin but many are also become rich. I believe we can be one of those people who become rich if we can just manage our investments. The good thing about this kind of investment doesn't need to be knowledgeable, even knowing the basics is enough because what it needs is patience and trust.

To make it short, holding long-term in Bitcoin is the very best decision, it is already proven by time and by the majority.
So people who are excited to make money by just investing Bitcoin, Bitcoin is not for them especially if they are too greedy.

It is normal to see people who like to stand on the fence, they don't want to be involved but only to criticize on what people are doing. Regards to bitcoin, well quite a whole lot of people have embraced it especially the youth because they are more of the internet than the old and moreover, bitcoin has now been here for a while so people have seen investors who have really cashed out big both in btc and from altcoins. This is another season for the faithfuls and the bull season is still preparing to come but weak hands will eventually run away to stay at outside but later regret not investing. Surely it is a time to hodl more coins.

The sad thing about this is that people have heard about bitcoin, they know it has given great profits, they also know that bitcoin will most likely give great profits to anyone willing to hold their coins for such a long period of time, and yet they will refuse to invest in bitcoin.

Simply put, despite having the same knowledge that we have, they are not willing to take the risk, and once those 10 years were to pass and our predictions became true, they will lament not investing in bitcoin when they had the chance, but if you were to ask them if they will invest in bitcoin on the near future, they will still refuse to do it, with the excuse that it is too expensive.

Reaching to a point where we are looking into crypto as something we could profit from, that means that we have to do our very best to get it as quickly as possible and that's a right approach.

I get that it may look or feel like maybe we are going to see a drop, and at times we do see a drop, but getting involved is a lot more important. Most people miss that and not really realize what they are doing, they just stay away for a very long time, they just wait and wait and wait and wait, then of course they miss and regret it later on. I rather get in, see the price drop, and wait some more until it goes up, then end up not getting it and see it go up. Because one has a recovery, you just wait, but the other doesn't have a recovery.

Not only history proves it but I think the whole world has heard what Bitcoin is. Indeed, this price is quite expensive for some people, but not for me, what you said earlier, by looking at Bitcoin's initial track record, of course we all automatically think that the price in the next 10 years will be much more expensive than now. This asset is very rare and much contested in the world. This is the importance of the dca technique that we use, to fill our pockets with bitcoin, apart from that we also need extra patience to take the desired profit.

Yea of course, bitcoin price cannot just keep moving up, because of its volatile nature, and this is where some new investors get it wrong, by thinking that bitcoin price is bound to keep moving up without correction or dips. The way bitcoin is designed there is a bear market and a bull market, this alone should teach a lot of people that the price of bitcoin is to move up and down.

However, demand and supply have a great impact on bitcoin price based on economics. This is what a lot of bitcoin enthusiasts have discovered and that is why it is advice to invest in a long term, so that no matter how the price movement of bitcoin goes, you will always benefit for being patient and hodling for longer because the price of bitcoin increases with time-line.

There is absolutely no doubt that bitcoin is a long-term investment project and bitcoins are limited in the market, so those who are investing will definitely benefit from going forward, but here I would like to include this. People who have less capital should not invest in it if they cannot hold their money for a long time then they should not invest in Bitcoin but those who have extra money left can invest in Bitcoin and they can make double triple or even more profit.

Many new people who join this form when they read our postings and comments, feel that bitcoin is a magic wand that will make us rich overnight. I think it is important to mention that bitcoin is not something that can make you rich overnight. Money that you do not need for your daily life and you should also be sure that you will not need the money you are investing in Bitcoin in the coming months or years.

the price of bitcoin can never be constant or continued to accelerate, the price of bitcoin is something that deals with endurance and also have to do with endorsement, so that is why nobody knows the real problem of bitcoin, and how the price get skyrocket, but people will think that if bitcoin price starts to increase it will continue to increase but I don't think that it happens in such way in cryptocurrency price increment.

While I might not be a fan of having to wait for the market to dip before investing in Bitcoin, I would say there doesn’t have to be an extensive or much difference for someone to count it as a win. If someone could actually wait on a dip and take a buy, it ain’t exactly a bad idea although, you just should make the most of this by investing huge in that time. Hence, it could pay off for those that could actually be saving up for this time but, as a beginner, you barely have any idea on how to predict the market neither do you have much influence on your emotions to patronize this presented opportunities as they often aren’t clearly publicized.

For this reason, the DCA always happens to cut across all imperfect predictions to the market, procrastinations and ensures your building a portfolio and that’s what matters in the end. The reason why it’s way so popular and something every beginner should do/try.

that's one reason why the DCA methord will always be preferred to attempting to time the market for perfect buying opportunity. If you don't buy today, there isn't any certainty that you're going to buy at a cheaper price in the coming days and even if you're able to get lucky to witness a slight dip, if the amount you're able to use in buying at that price isn't much, it wouldn't make any big difference prio to buying at an higher amount. For the one month since Bitcoin hit it recent ATH, the price have revolved around $60k to $70k and for individuals that aren't financially strong enough to have bought it in large quantity when it went dip at some point and probably bought like $100 to $500 worth of Bitcoin within the range of $60k or $70k wouldn't even be in any big difference in profit margin.

A difference of $10k wouldn't even be noticed if you you're DCAing with a small amount per time and it's just part of the process that at some point you might buy at a higher amount and then at some other point you will still buy at  the bearish season but if you're able to consistently buy for a while circle during which the ATH is probably $100k and you're able to HODL till it gets to $120k, because you've been able to stack up a good amount of Bitcoin, the difference of $20k will make a lot of difference in determining how profitable your investment will look like.

Buying bitcoin gradually is a good strategy to accumulate. For instance with the halving, speculation could be it is going to push price up to continue bull or it may drop for sometime before heading up. So the best strategy for now is to DCA from time to time depending on how much btc you want to buy until it gets to the range that you are okay with and moreover having a definite time to sell is important but we need to be patient with the halving because it will eventually give ROI to hodlers.

I can't recall though if we have a similar market rally pre-halving in 2020. But one thing is for sure, we have the pandemic by March and then the halving by May. so the pandemic could have affected the run through the halving and we could have the same market scenario.

In any case, as the saying goes, "the best time to buy bitcoin is today and the second best time is tomorrow".

So meaning we should really take advantage of the time and or the money that we have, to buy and then simply hold and we can compare our investment in least say a year and how much we profited.