Topic: You have a better chance with Bitcoin now than the next minute! (Read 595 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.

This is why the demand for Bitcoin continues to increase because people knows that it's a store of value and it's history has proven that it's price will continue to increase and reaching new ATH. Although the best time to accumulate more is during bear run, however even if an investor is buying in bull run, so far there's assurance of a new ATH, then they can still go ahead and buy. We need to hodle Bitcoin on a long term to be able to enjoy ROI, especially for investors that buys when price is high at any perticular time.

Sometimes it is important to let those that are still on the fence about bitcoin know that waiting can be incredibly costly too, and even if they have not lost any money by not investing in bitcoin yet, they have lost a great deal of profits as well.

It is because of this that long term holders recommend people to use the DCA strategy, as if you train yourself to buy bitcoin regularly without caring about its current price, then you will make profits you could not have made if you were just waiting for the price to dip, as the dip may never come or you may not buy bitcoin at the time because you let the fear permeating the market affect your decision to get some bitcoin.

Don’t force too much stress on your brain. It’s just simple as that. Bitcoins are for long term investment. Hence you need to have great patience level in order to make profits from the Bitcoins. You need to make yourself clear that no matter what happens, you need to regularly accumulate the Bitcoins irrespective of its price. Bitcoins are very rare as they are fixed in numbers. Hence just buy and hold it for good amount of time. Definitely you will see 3x the profit while selling after holding for a long term.

In May 2020, we had third halving, by that time bitcoin was trading around $7000 whereas then ATH was around $19300 happened in December 2017. Usually around the times of all previous halving, bitcoin traded lesser to the half price of then ATH but this time alone traded higher than half of ATH. Yeah, this time we had bitcoin trading nearer to 90% of ATH which is unusual. When demand increases rapidly, these type of untimed-new-high are obvious for any commodity.

But after halving, we had witnessed strong FOMO. Per all previous halving, by the end of halving year, bitcoin managed to trade around its ATH and then will have 10 to 12 months of bullish market to set a new ATH for the new halving cycle. This ATH will remain unbroken until the end of next halving year.

For third halving, we had new high of $68k in 2021 and then $73k in 2024. New halving cycle started from yesterday (20th April 2024) and we will have this cycle's ATH in 2025 or even on every year of this cycle if we have strong demand for bitcoins, who knows?

Hodlers use bull season to market their BTC to convert  to their traditional currency, so that they will have a better chance to buy BTC when the bear season occur to buy without considering the value of their traditional currency either higher or low because that one will not stop them not to hodl BTC.

The chance is always there in the bear market, which is currently on in the market because some experts has come up with their research that the price of BTC will not go below $50k in the bear season before the bull season will come to happen again.

If you have the money, you can start storing your BTC right now because the next bull run will head to $100k which is the target of majority of hodlers are waiting to see to accumulate  profits, and to establish other businesses that will be always giving them money to invest in BTC.

Oh wow!
That’s surprising!!

I might be new to this and having to experience this for the first time with the data I could find, it’s easy to make that assumption of a first time Bitcoin is having its ATH broken before the halving.

Any available data to support? And why isn’t/wasn’t it as loud as it is now to have probably come by some level of awareness. Like I didn’t know that. Some data would be cool.

Despite taking note of the impact of the bitcoin ETF approval as major propeller of the recent all time price achievement for the bitcoin market, we still need to take note and correct some wrong assumptions that you mentioned in the comment above where you say that bitcoin have never achieved an all time high price before halven before.

That is wrong I think in 2020-2021 there about,  a similar market realities played out before where bitcoin make an all time high price few weeks/months to bitcoin halving.

Oh yeah, it’s an interesting place to look and though I was more of “our own” as used in your quote, a sort of cherry pick and barely mentioned on the price corrections that happened along the years, it’s important that investors don’t forget that, it doesn’t matter much what price is doing at a down time, you could always buy even more and wait on the Bitcoin to side the bulls. This is the ideal time to take profit should you wish to.
Having to sell your Bitcoin when the market price is down or below where you might have bought them is a self acclaimed decision to be at a loss. It’s not on Bitcoin but rather, you as the investor deciding to settle on a loss.

This has been something which never happened in the past as we haven't seen ATH before the halving hence we may see some unexpected moves in the market when we expect it the least and also as far as ETF are concerned they had temporary impact in the price of Bitcoin but the market doesn't bank on it as it's not the only factor which defines the price. But yeah Bitcoin will be introduced to new people or those who were hesitant due to ETF it's more of an exposure.

The new ATH before halving hasn't happened before in bitcoin so I don't see how this could be a good prediction that's based on the market history when bitcoin already made history with this new one, you're right about the factor about the ETF which means that OP's prediction for the last price for this year wouldn't be a possibility since the volume is much higher than the last time because of ETF, there's more investors now although they're not directly investing in bitcoin, they're still affecting the price.

the previous all time high buyer that bought at peak are already having profit, thats the advantage of bitcoin you can be buying at peak and will be profitable in the next 5 year what you require is just holding it until it reached all time high again then you're set.
i remembered many people are so skeptical with buying bitcoin when in bearish, many people never crossed their mind that might be the best buying opportunity there is but just sweep it under the rug thinking bitcoin is doomed but the reality is always the opposite of these skeptical people envisioned to be.
bitcoin instead going up so high it grows more than previous all time high and still standing strong at this current price level. im expecting it to reach $150k by next year, and yes every minute passed not accumulating bitcoin might be a loss.

Those skeptics and anti-Bitcoin will definitely pick their calculator and will show to the world on how much is the "loss" that someone has if they've invested on the peak. But that's how it is going to look like if they're not going to zoom the charts. While if they have that base argument and they always cherry pick then we also have our own by just looking at how someone earned a lot by just holding it like start it on 2017 or even by 2020.

This could be long for them but that's the essence of HODL and long term investing.

Without all these introductions and detours, it is known that as the price of Bitcoin increases, you will get a smaller volume of Bitcoin in exchange for a greater value, and when it decreases, you will get a larger volume of Bitcoin in exchange for a lower value. But what's the difference?

I mean since everyone will eventually sell and convert Bitcoin into dollars or local currency what's the difference? If you end up winning in the value of the dollar or in the value of your local currency, what does it matter whether you hold a larger or smaller amount of Bitcoin? The important thing is that you emerge victorious in the end.

Buying and holding today is about you thinking about your great future. While people that haven't bought yet are spending a lot of time thinking if it's the right time to buy, when you did already you have no worries left anymore.

All you have to worry is if you're already contented with how much Bitcoin you're holding or you want to hold more of it.

For long term holders, this is where straight to the point of what we're thinking. Some say that there's no clear path of selling it but many of us have been thinking some price of when we must do it.

You need to showcase both the best and the worst of the recent times and I see you posting only the prices from where one could have got profit and that's for long term but there are lot of short term investors and day traders who cannot afford to hodl for 4 years which can be considered as long term with a guaranteed profits as per the previous trends. There are people who has bough Bitcoin at $19k and sold around $4k that's because didn't believe in long term or cannot hodl for longer and needed money.

I would rather say people need to have clear strategy and they need to either go long term or have to be really active and TP/SL at the right time to avoid getting into loss.

Or just simply go with the flow? Don't over think and complicate things with numbers and whatnot. Just invest and test it yourself, hold for 1 month then 10 months and so on and see how you are doing. If by chance you see that it will work for you then go longer. Like 4 years that you have said, it might be mentally hard. But if others can do it, then everyone can. And with that, you just go with it and not think about the price going down hard or suddenly picking up to $73k and start thinking of selling. It might be a good idea, but wait till the bull run begins after the halving and see what instore for you during that year or if you really completed to hold that 4 year.

BTC price at the beginning 2018: $13K
BTC price at the end 2018: $3.8K

BTC price on May 1, 2021: $53K
BTC price on May 30, 2021: $38K

OMG I'm in loss, Bitcoin is SCAM.

If you cherry pick to calculate the profit, I'd cherry pick to show if you can loss in Bitcoin for holding 1 month or 1 year.

The key is hold for long term i.e. at least for 4 years!

I don't seem to get the aspect that talked about bitcoin being expensive, but instead, you may say that the market value has increased to a reasonable extent, the most amazing of it all is that we are still having more bitcoin highs to come and we aren't done yet with the bull season, we are having the target of seeing bitcoin at $100,000 and above and this alone tells more about what we should expect in the more days or months to come, the halving also is around the corner, all expectations have been raised towards that as well.

Yes, price recovery tends to be more expected than deeper corrections. Bitcoin has corrected quite deeply over the last few days, even today we can find bitcoin down to $60k. An accumulation plan seems reasonable to do now instead of waiting for another big drop, but the market is already showing a recovery to the $67k level now.

I don't know, we don't know what will happen next. Prices will swing and will make investors doubt something, but if they are optimistic about the future after the halving then it is time for them to leave their doubts somewhere before it is too late.

Price history always a good resources to analyze the future trend and with the current trend we all know it is already expensive and expecting a correction which is happening already with Bitcoin. This is another opportunity to accumulate and its too early to end the bull trend, after this correction expect for the price to go up again.

That's the basic theory behind Bitcoin as we know it. People who were around when Bitcoin was priced at $1 didn't know it was going to be valued at $73k (current all-time high) and the reason for that is because they didn't see it performing, but now that we have seen it performing for so many years, we know that it has got the potential to outperform its performance after each passing cycle.

You are right that someone not buying today will not get the same price tomorrow, and by tomorrow I mean the future and not the literal tomorrow. So those who plan to make long-term investments should do it but only after having a brief look at the history.

The volatility of bitcoin is like a written novel, it's obvious, right? yes, but to the historical past.  Then it is easy to make an "adapted script," and that adaptation can be literal to the situation you want, both in terms of happiness and loss.

That's what short selling is all about, if things go well and the volatility pleases you, you can make in one day the profit that takes Hodl months, even years.

The thing is, where there are winners, there are always losers, that balance of momentum is what allows many to have longevity in trading.

If everything were as easy as just writing it (our adapted script) trading wouldn't be one of the hardest jobs there is.  Trader breaks the best wills I have seen.

With the ETF things might change this time around. Although some hodlers are already taking their profit and price is starting to drop but halving is just around the corner, so this drop may not last before we see another bull run that could be sustained till the end of this year leading to 2025. The history of bitcoin from beginning has been rise and fall so that shouldn't create any fear until the halving bull comes and that is the season we are, not many hodlers are selling because of the expectation of halving.

If you look back at the beginning of Bitcoin, you can definitely see that the price of Bitcoin was very low. And from there it has risen to $73K at present. So think about how much Bitcoin price has changed to touch the all-time high at the moment. At present the coin is so expensive that every investor has invested their money here.

Bitcoin will always shows it appreciable nature to every investors because its increasing in value and adoption, same way we have found out that over time, nothing has changed about the trust and consistency of this same unique decentralized digital currency, if one must take advantage, then now is the best time before the further launch into the bullrun before the halving or after, those that are more familiar with the market price of bitcoin could deduce that bitcoin wasn't the same way it started the year with, we have realized a massive increase to where we are now and more are still coming along the year with bullrun after halving.

I really like speculation like this because it based on price history and not with other bullshit out of the world predictions. This kind of speculation on price is very to easy to grasp due to a clear pattern on the price growth.

The only factor that might change this pattern is the Bitcoin ETF that is now approved that provides huge volume of transactions to purchase Bitcoin.

But I believe on self fulfilling prophecy on trading which means an easy to notice pattern like will always be use as reference for the trade of normal investors. This is like the Bitcoin rainbow chart that is always being use whenever there’s a price movement before.

During my short time here and checking on Bitcoin back to its roots when it had barely any value, you would find out that, time spent in doing nothing continues to prove costly as the Bitcoin progresses.
Of course one might buy Bitcoin just anytime you like, but the difference in quantity will always make the huge difference.

Where:
Year starting 2020; $7,200 = 1BTC
Year ending 2020; $28,950 = 1BTC.

Imagine this happening in the same year. You’ve got a difference of:
$28,950 - $7,200 = $21,750

Now, you’ve bought at the year ending, same one unit of 1Bitcoin and it’s cost you $21,750 more $ than you would have by buying at the start of the year. That would have meant;
$28,950 / $7,200 = 4.02BTC.
That means, you’ve got 3BTC more to account for your $21,750 more value.

In successive year, it continued in an increasing order and reduced in 2022. Giving investors a buying opportunity yet again.

Coming to recent time,
In this month, we’ve seen Bitcoin at $73,000 value and today it’s dumped to around $63,000 and from the look of it, the bulls is gaining some momentum in today’s market. This speaks of the more volume you would accumulate for your $value to buy now rather than wait on the market for the market for more examination and it could push through to $70,000 in the next minute (could be exaggerated), giving you less volume for more $value.
Hence, buying at current price gives:

Starting today 20th March: $63,000 = 1BTC
At a later time when price is up $73,000 = 1BTC
A difference of $10,000 = 0.16BTC as more value at a later time. That is also what you stand to loss by not taking chances with the price at the moment.

If the plan could be holding as it’s mainly advocated and most of the precedents to this time continues to do, gains are not far behind. Thought it might dump, it would rise as it’s evident in its history and what better time to not wait but buy before the halving.

Buying to hold today is not having get less volume for more $value but rather, more volume for less $value.