Bitcoin Forum

Looking for strategies/opinions/options people are using for the "CORRECT" time for "others" to buy bitcoin..... this means no "anytime is the right time." That is obviously not true for everyone, especially people new to bitcoin.

Buy the Dip is ESSENTIAL now, so we're recommending people:

1. learn basic technical analysis
2. find a trusted Technical Analyst
3. Plan to buy at a price and amount they don't need for 5 - 10 years
4. HODL

Our original "trading strategy" (if you can call it this) was simple:

https://pbs.twimg.com/media/DvAvE0MVAAEWpJp.jpg

From Jen's post on "finding the best price to buy bitcoin for beginners"  (https://www.bestbitcoinbuyers.com/2018/12/22/buying-bitcoin-at-the-right-price-for-beginners/) (YES - it's a joke)

Now that the hedge funds are in it to play around with "shorting bitcoin" and selling their bitcoin, we have to be a little more careful at when our best opportunities to buy bitcoin are for the long haul.

What are others strategies for buying as a noob in the current "market" environment?

We can see "value" in starting with an alt-coin (cheaper and lower cost for entry) then "swapping" to bitcoin at a good time. Otherwise, shitcoins are pretty useless and lacking overall long term value.

there is a mining:market dynamic paradigm that plays out
people always look for th cheapest ways to get bitcoin. so yes there is a correlation between market:mining during low speculation

firstly it isnt an instant reaction as soon as a block reveals its hashrate the price of mining calculates and markets react.. its a bit slower
EG octobers hashrate curve led to novembers market reaction

secondly its more about a underlying value (below the speculative price) support. so it wont help you much predict the next speculative hype.

however when you see the hashrate move and has a sustained period of a certain level. the markets react.

people will always find the cheapest way to get bitcoin, so that could be mining when hashrate is low in comparison or markets when hashrate is high, but they end up pulling each other up and down to equalibriate themselves in a low speculative time

in short right now based on mining cost. 104*average exa hash rate=bottomline market support

so if market prices are near the result you know its a good price.. if the market price is way up above, then the price is too high and not sustainable and has high chance of coming back down

the magic number 104 is based on the mining cost of the majority at present. using the most efficient costs. so its the bottomline value.

this number can change periodically when different batches come out that are more efficient. but instead of doing the complicated maths i just simplified it down to the easiest representation of the mining cost math so that people can easily calculate costs in one easy calculation.

This is a good rule, along with "having a goal" for why you're buying bitcoin.

Our goal is simple, pull out the same or slightly higher amount of money put into bitcoin, anywhere in the world one day.

If we can do that, price doesn't matter too much day to day.

You have shown a good strategy to buy bitcoin. Buying Bitcoin at growing and declining stage is profitable as we know buy it is high risky to buy at boom period as you have shown in the diagram. Investors need to analyze technically.

There is no exact price of bitcoin. It depends on the rate of bitcoin in the market. Many of the bitcoin holders are buying bitcoin when the bitcoin price is very law. But when the bitcoin hits the price or the price is right for them to sell bitcoin they will grab the opportunity to sell it. But when the bitcoin's price is low they will buy the more they can get. So that they can sell it double or triple the price of the bitcoin when they bought it.

this has always been one of the biggest problems that those wanting to buy bitcoin are facing. they don't know when to buy. basically they always tend to buy when the hype is real strong like when the bubble is forming like at prices above $15k heading towards $20k. and then they, for some reason, become inactive during the dips! for example nowadays you see a lot of people who are scared of buying not because they don't think there won't be a rise, no no no, they actually know there will be a huge rise but they are scared because they think there can be more drops, and partly greedy because of it. so they wait for that drop then wait more and more until it is too late and then start buying on the rise and cause a shoot up and the bubble.

I think more we put speculation in price , more it become like gambling. I do not understand why we have lot of topic about the prices and almost no topics how to earn in bitcoin and spend in bitcoin.
All speculation still shows that people are not ready to leave the fiat system and just looking for place to dump their fiat so that they can get more fiat in future.

This is how some of our team came in, kicking and screaming after MTGOX "killed" bitcoin....

You see the price tank, you see it isn't "dead."

You understand the technology, history and uses of this "thing" and come in kicking and screaming "this thing has value."

Then you waste some on alts and learn not to do that again.... but you never come across situations where bitcoin appears to not store value.... it has continually done that.

The point is to find the right entry price.

99% of society does not own bitcoin.

We are taking people from a regulated financial industry into crypto. There is no easy way to explain how to time Fiat to "True Value" correctly.

People are not leaving the fiat system for 20-50 years (if ever). Because all wealth in our societies current form is valued in....fiat.

These two systems will co-exist forever until society decides which currencies and assets are the best ways to store wealth long term. These short term fiat gamblers can keep doing their thing, until the day they finally want to hold. And more will hold, and more.

This must take seriously because in cryptomarket  if you don't study your coins you will just lose it later on. You don't need to master Technical Analysis, you just need to know the basic things and you will be good. Its hard to timing the market but through this analysis, it can lower the risk of losing money therefore newbies should study this first before they come in. Its good to buy bitcoin at a cheaper price, and sold it at a higher price.

this is an important matter that most people usually forget. bitcoin adoption has been extremely small so far. they look at the price and see a "big rise" and think that is it! but they forget that the adoption has been less than 1% so far and that is extremely low, and that gives bitcoin one of its potentials for big rises. as this percentage grows the price continues shooting up and each time it dwarfs the previous ATHs.

The problem is that sometimes we don't know where we are on this line. When we all think this is a good time to buy, it may be at a dangerous mountaintop, because only the next day, we will know What will happen.
We look at what happened in the past with our current eyes. This is clear at a glance, but who can predict the future?

If you are going to wait for the best dip, then you never going to enter the market. I have had people waiting for the best price for years now and when I tell them to jump in, then they tell me that the price is not low enough to enter the market.

We have lost almost 80% of the value of the previous ATH in the Bitcoin price and people are still thinking that it is not the best time to enter the market. If a 80% drop in the price is not enough, then it will never be a good time.  >:(

In any case, you can build on past achievements of bitcoin. If we know that its price was above$ 15,000, then when we see the price below$ 4,000 it can already be considered an acceptable price to buy. But still the study of technical analysis and charts will not be superfluous.

Even you buy at the best dip you can't tell that it is the right time to buy bitcoin. Actually, every time you can enter in bitcoin but its up to you if you will invest or not. Even we big drop of bitcoin some people still do not invest simply because they scared that it may dropped to its bottom and once they see that the price will increase they will invest. So, I think the right to jump in bitcoin will really depend to the people who will invest because if they willing to invest in bitcoin they will take the risk.

Yes i can kind of understand that way of thinking and buying but this mainly
happens with newbies. This is typical FOMO fear of missing out while
the price is rising and acting at the wrong time

You can buy bitcoin when getting bad or negative news about bitcoin, its the best way how to get profit because you can got buy bitcoin with lower price, but you can sell when positive news.

Out of fomo, people tend to buy when the price keeps on increasing and sell their BTC when it starts dipping and end up losing their portfolio value.

But we can not know how much the price will go down and even sometimes we can see the price drop without any negative reason. Also we do not know how the good news will be reflected in the price, because it often passes like a wind. If everything was as easy as you say, money would not have been such an important asset.

There is no definition of right price. This depends on your estimation, how much are you willing and can invest and how much risk you are ready to accept.
Basic rule for trading is to buy low and sell high but in practice this is not always easy to do because it's hard to predict the movements of price. That is why good traders need to have a lot of knowledge and experience to be able to judge properly conditions on the market and when is the good moment for investing. That isn't easy and that is why we don't have much good traders who are able to make decent profit on a regular basis.

This is our motto for 2019...

It seems semi-safe in this bounce at the 3,500-4,000 area but there are many saying there is a $2k bottom coming.

Taking the plunge next week and if it takes 6 months to get back to this price so be it.

very difficult indeed to be able to find out the right time to buy bitcoin because the price movement of bitcoin is difficult to predict, sometimes when I buy bitcoin tomorrow or a few hours later the price of bitcoin falls again very deep, so to buy the most suitable bitcoin you have to can see the graph and make sure the graph is down to buy bitcoin and when it goes up it's not buying but you can sell it.

By the way Apple was down 9.96% on Thursday after the tech giant cut its forecast for fiscal first-quarter revenue - the holiday quarter - thanks in part to slowing sales in China. It could be a good time to start invest for a hold. what do you think guys?

True, your method of buying bitcoin is quite true and the method is really working cause I have being using when I started storing Bitcoin and also in buying certain altcoins.

Thats not even a strategy because that’s the basic moves ifyou know what is hodling is all about,buying in dip is the best way of gaining if we trust cryptocurrency specially bitcoin so there’s nothing new here

Thats a normal rule to Buy Low,Sell High pattern

Only saw an attidude most people in the crypto market that has been acute, especially in this forum.  One thing that will continue to hap in the cryptocurrency market, everyone is confused to decide to buy bitcoin because they are looking for a low price more than that, but when the price reach a lower price like now $3800, maybe you can imagine the decline price from $20.000 to $3800 was a deep decline, but they are still confuse to start buying.

Another thing is HODL, many of them have already gotten a large profit but they are just waiting until the price continues to rise and they forget the price of bitcoin is not as creamy as they want it to be until prices fall back again, eventually they will repent it.

However, an analysis is really needed so everyone has their own target when deciding to buy and sell. Like panic selling, indeed, everyone will see a panic seller is negative but when he decides to buy because he knows the price will go down from that price, then they choose to sell. The point is just to save from a big loss besides that he can buy bitcoin at a price cheap so that it can reduce a loss previously experienced.

Nice analysis but I believe when the bulls come, people will throw caution and their thinking caps to the air in the name of FOMO.

That’s true no one can actually tell us when is the time to buy and when is the time to sell but mate instead of being confused about this I think we should just buy at red and sell green. That’s the volatility that makes the price high and low when more people sell it makes the price down and when more people buys so price increases so now it is  good to buy as market is red.

If the market price of bitcoin is on downturn then that should be the right time to buy some. Hodl and wait for the time whem you know that you already earned profit from the amount you invested. Remember that bitcoin price is very unpredictable so no one will ever know when its price will go up or down.

The right price to enter is when the market is dumping, and when everyone is panicking because it can make the price more less and if you enter on that level you can have higher profit when the price pumps again. Knowing how to anlyze the market is a must, and as a trader you should not forget to analyze first before making any trade.

its hard to read a chart in market and sometime we misunderstood the line in the chart. I also experience some problem with the line and because of that it lead some losses of my money. I usually my bitcoin in a dip price and then I will sell it out when the price increase and I will wait for another dip.

With series of fake volumes and exorbitant manipulations from some exchanges, I will suggest some like 2 or 3 exchanges where one can buy bitcoin at the normal rate price  and that is:

Binance
Polonix and bittrex

Maybe it is hard to find the correct time to buy because the current dips can still falling at anytime.
But at least if you buy it on the dip, you will have better chance to sell it higher later, better than you buy it on the peak.
Planning to buying bitcoin and hold for 5 - 10 years is not easy, except you forget that you are holding it.

That's basically my strategy learning how to read the charts if there's a possible uptrend of downtrend then decide from there if im going to sell or buy more. Then look for other financial advise like for example famous youtubers who has valuable information and good point of view in technical analysis.

In my opinion bitcoin price is hard to identify when it's roght or low. It depends on the condition of the flow of bitcoin / mining in the industry / market. Many of the bitcoin users are relying on the price of bitcoin where it posted.

pay attention to the table above. You have to understand bitcoin and the bitcoin value movements at any time so that you can know prices are falling and prices are rising. when the market goes down a good step is to buy sell only when the market rises. You also have to be patient waiting for the market to rise so you can get a profit when selling.

Nice basic tips. Though this graph doesn't apply in the most scenario. I mean, the market will not represent this kind of graph everytime. But for the beginner, this will help them as a guide when to buy in a bear mode.

Thats true. It's all about watching and analysing the market and understanding how you can best benefit from it. Like you mentioned it is very unpredictable , so you have to stay on it

i believe theres no right price for btc as it is unstable at all times  but it is pretty beneficial to buy at the dip like for example today , we can still call this a dip because the price are still kinda low and the overall crypto market has not yet fully recovered .


graphs represent the movement or the flow of cryptos , yet they can be useful to track the coins progress  but we musnt depend on them becauase like i said earlier all cryptos were pretty unstable due to the effects of volatility   . beginner or pro , they both cant still predict the next move of the price even if how hard they analyze the charts  .

sometimes the graph you mentioned is not very true and humans will not be able to know or predict the bitcoin price movements and know the right time to buy bitcoin, so the most important thing is maybe you can buy bitcoin when the graph condition decreases and not too high to buy bitcoin the risk is that maybe you can get stuck at a high price.

Buy on a consistent basis. For example as soon as you receive your monthly salary, take a percentage of that cashflow and buy BTC, regardless of the prices.

not bad  . buying btc's anytime as soon as you have a money is also a good idea than not buying at all because  you will only spend your money on some unimportant things ,  much better if you can spend it on btc   .  though in my case i only buy btc when i see a price decline because that is the only way that i can save or to have a discount in other words  .

Technical analysis is indeed very priority in buying Bitcoin,analysis can also be shared, for example, technical prices and circulation are also needed, for me this is very necessary before going further when buying, and bitcoin is very appropriate when buying cheap prices and saving 1 or 2 years will come, to sell and must also be onsee the price chart when going up and down. so it's now very good to buy.

these "buy at the dip trash" will only cause volatility as it is contiunually, taking out capital, you basically are forced to find more and more idiots to bring the scam market more hard earned money.

all buy in the dip trash will lead to long term capital loss.

Bitcoin is going through massive pain areas as compared to the other cryptos, as it has been affected the most in this bearish time frame. We have given here the technical analysis for the long-term scenario and short-term scenario, with all of its possibilities. The price is volatile enough to move in any direction- up, down or sideways.

I am not allowed to post photos since I am a newbie, you can read this interesting article on it -
https://coinswitch.co/news/bitcoin-technical-analysis-december-2018

It is very simple to say when it was necessary to buy Bitcoin when you already know when it fell and rose. unfortunately we will never know when it is better to buy cryptocurrency

Last year we wrote an article about that https://linkkoin.com/blog/should-i-invest-in-bitcoin-in-2019 (https://linkkoin.com/blog/should-i-invest-in-bitcoin-in-2019). And yes, we believe, looking at the past history of Bitcoin price that we might have now one of the best moments to invest in Bitcoin in 2019.
Although of course, we will not see such rally as in late 2017. This is most likely to take place next year - as ever since BTC went public in long term one scheme repeats over and over again:

1. Build the trust/become interesting opportunity for investing. Prices slowly rise.
2. Start the hype. Prices skyrocket to reach "overbought" level. This is when many beginners enter the market.
3. Correction. Prices go down.
4. Panic. Prices fall down. Beginners sell of making it even worse.
5. "Bitcoin is dead". This is the current stage. This is the moment when HODLers buy. This is the moment we are right now.

coinmama and coinbase both the websites offer bitcoin at right price Usa citizens can buy from coinbase and any one around the world can buy from coinmama website

Now is the time to use the HOLD strategy and buy more and more coins. As a result, we are well aware that we will be in big profits in the long term (5+ years). From the point of view of the creator of this topic, his price is as close to the ideal as possible. However, on the huge price increases, it is still worth going into profit in order to later purchase as now. I think in the future, many will do so if growth continues in 2017.

I think that the most correct decision would be to go into Bitcoin when he has very strong drawdowns in price.

Every time bitcoin had a bubble (a 10x-20x increase in price) it was followed by a 5x-7x decrease in its price. After this decrease, its price remained the same for 2 - 8 months, having variations of 1%-2%. This is the "right" price to buy the bitcoin, when its price remains the same, with 1%-4% variations for 2-8 months. I guess that this will happen at around 2800 -3000 USD/1 bitcoin, some forecats predict a lower price of 2400-2600 USD/1 bitcoin, somehere in December 2019, February 2020.

 

  

Satoshi himself only knows how to buy Bitcoin at the right price without incurring any losses. ;D

I only know the right time to buy bitcoin is when the price is on the red candle especially if the candle can take a long red candle. But it is almost impossible to know if the candle can go lower or not because it depends on supply and demand on the market. But as long as we can buy at the dip, then we are saved and we only need to wait for the price to go to the higher price.

There's a reason for acting like this

To better understand my point, ask yourself why are they hesitating to buy in? A short answer is that they don't actually know whether it is indeed a buy time. And if you don't know something, you'd better not do that or stay away from that since otherwise you'd be gambling on the outcome. I don't say whether a particular time or price is the right time or price, I'm trying to explain why people are acting this way exactly. And from this perspective, it will never be a good time as they would be gambling at whatever price and technically they would be right

yes, when we want to buy indeed we have to look at the graph of the rise and fall of bitcoin prices, when the price of bitcoin again lowers the price, we can buy it, and we sell it when the bitcoin prices rise again higher than when we buy, and if bitcoin lowers when we buy it, we have to be patient until bitcoin rises again and we sell it for example we have made a profit, so don't sell it because we panic & because we wait a long time, for example we don't want to lose.

Its just speculation, a lot of news like that circulating but ultimately it's nothing more than just gossip. the important thing is to use
your analysis strategy, you will know when the time and the right price are just looking at the candle in chart

Buying low is the right place to buy bitcoin but we can't find what is the low price and high so it deoends on how the market conditions and we need to react for it.Buying now will be perfect since the prices down too much so the next would be increase.

maybe everyone already knows that the right time to buy bitcoin is when the price of bitcoin in the market is low so that when prices go up it will have the opportunity to be able to make a profit

I agree with your views, no one know what is the low price we should buy Bitcoin. If I have a bigger sum, I I will spilt my capital and buy a few times in the month. For the past few months, I actually buy a few hundred dollars worth of Bitcoin on my salary day.

There are many investment nuggets you can use to buy Bitcoin at the "right" price
- Average up and down, you can't time the market
- Take some profit, you can't time the market
- The best time to invest was yesterday, the 2nd best time is today

Good luck, happy trading!

Most peoples want to buying bitcoin in the right price, which is when bitcoin price is on the bottom.
But we don't know where is the most bottom of bitcoin. Even the current price still can go deeper in the market.
For me, the right time to buy bitcoin is when i can afford my money to lose, so i won't regret about buying bitcoin later.

Or you could just buy now and then leave your btcs for a while. Quite difficult to short btc nowadays and trying to get a good entry point may backfire if you can't go long. If you're going to go short term, probably it's better to deal with alts.

Good information and will benefit for many because to make a proper profit from bitcoin or an other investment an investor or a traders should able to buy hold and sell in correct time period which not only ensure the profit but also its margin and I think this is a good time to buy bitcoin because the price is really low so anyone who can purchase today can make a considerable return on investment with patience and commitment in the near future so this is the right time to buy bitcoin

I agree that, you can buy bitcoin when the price value is down, cause this is a only way to buy more coins and started to hold it, and when you notice that price value is goes up sell it in a right amount because of this you can get high profits.

There will be no right price to buy for bitcoin as the market is not stable and moving fast.
Today we have seen again BTC fall under 3,700.. if this will be the floor then it is good to buy now as it is the right time before it grow.
But we still dont know if it will still fall or rise soon.

You would have to be fortune teller or prediction.  
To know when the best time to buy, I would use this strength to find other uses.
Its best you buy when you fell time is right and you have the needed fiat that you wilt afford to lose.

A lot of people made bad purchases or bought at the wrong time. There is nothing wrong with that, it gives a certain experience. Perhaps it will encourage people to study the principle of trading, technical analysis, etc., Or someone will choose for another way to earn bitcoin. After all, there are a lot of ways.

This is a good investment strategy
As well as very important tips
I recommend that young people be careful at this stage
you must learning enough
The market is full of opportunities and the future is better
But you must invest in learning first.

Any price is right if you can wait and can treat it like a store of value and a long-term investment. The price for which you buy will only change the period of time that will have to pass before you're able to sell with a profit. Don't be greedy and don't try to find the bottom because this will make you sit and wait with your money on some shady centralized exchange.

if i know, and if i can predict exact what incoming price, maybe i will be great trader. i mean, we never know, though we try to analyze, sometimes its not good time. and i think, the best time when you buy bitcoin, is when you sell it again you make profit, just little or much.

Right price should to be own settled by each investor. For example to me 1-3k$ is a good price for investment and 20k$ would be the perfect moment to cash out and no matter for the price is going to be lower or higher than I decided for myself, but that are my targets.

Buying bitcoin at current price is good if we plan to hold for long term. I am believe bitcoin will recover and reach highest again but its need time and we should hold our coin. I think in volatile market, there is no right time to buy but the right time to hold and sell

It's always easy to see when you should have sold or bought in when you look at an old chart. The hype in late 2017 was extreme, nobody wanted to miss out of a bitcoin that cut go to 50k or even 100k
People, who bought in at all time high, should just hold now, bitcoin will most likely surpass its all time high in the coming years.

That's the formula of trading, buying when prices are down and selling them when prices have gone up, seems to be the same as what you say.

sell and buy, that's is expertise in trading and always monitors market developments. people who have sell Bitcoin on at this time because they panic and have started not believing in the future of Bitcoin, yeah I agree should only hold rather than sell and keep to still believe that in the future Bitcoin will more grow.

the basic thing that i got from buying bitcoin or another asset is , buy when people sell , and sell when people are buying it and its work

The basic thing which bitcoin is good to buy entry is at the deepest point like the very deep of the graph and if you see on it when the market history is on selling thats the point that you are now on buying bitcoin.

Be careful are not for young people only, everyone here must always be careful when investing. Moreover, when someone puts their in cryptocurrency, there is nothing to give up when something unexpected happens such as a scam exchange, hacker attack and phishing site. These three problems will always be faced by all investors. Also, to determine when the best time to invest is indeed better when the price is low, you can determine when the price drops dramatically so that the price is certain to be at the lower price.

Yes, the point is to buy after this jump and when the price drop. You should sell when the market goes up almost vertically.
But buying and selling should be done in parts in order to avoid those situations where you missed the price that is more favorable for you. Divide the planned amount in parts and gradually buy/sell it.

Technical analysis could guide somehow to hit the exact time and the right price.
In other hand it is also risky because we think it isa the deepest price but just a moment decline more.
To buy and hold is necessary when the market is down.
Trading could be the second choice.

i agree on your statement  it's basically a good strategy to obtain the right time to buy.  But in the other hand very risky as well because market is so volatile and very unpredictable.  For me must have strategy also and most important patience to prevent being greedy and loss.

This will only work if we can analyze the price and make a buy order. Without doing that, we could not get the lowest price and we can wait for a long time to see the price increase back. But sometimes we make a mistake in buying bitcoin because when we are sure this time we can get bitcoin on the lower price, the price is just getting down for more and makes us wait for another day before it increases back. I think to buy bitcoin will never easy to get the right price at the right time.

buy now at the current price and believe you buy bitcoin at the right price

Yes i too agree on this buying bitcoin at the right time is an important point. we need to analyse the market condition and take a call buy investing on bitcoin. There is risk involved in the crypto market that we need to accept because we cannot predict in crypto world anything can happen we need to be patient in order to earn profit from the market.

The information you provided are really helpful and it's up to every investors to decide on how to find the right timing.

Most of the time, I just based on my guts and initiate a buy order, like right now, the price is cheap because if you analyze it well, price went down with a big percentage from it's all time high, so in case market corrects and recover, it will easily lead to a pump, and I make sure I can sell that time and not be greedy.

Of course if you think this is the right buy price for bitcoin then purchase them. Other's might say to wait for the bottom but there's no way we can gauge what the bottom will be. We are close to it so for me it doesn't makes any difference at all. You buy and then be flexible. If the price goes down then buy more, simply as that.

There is really no way of knowing what will be the "right" price to buy bitcoins ever. No matter how much people calculate it and no matter how many indicators and charts are used there is always that one big thing that affects everything and all technical analysis goes out the window in that case. Hence the only way to truly invest into bitcoin is to buy it constantly.

Not like buy it with all of your money all the time, but just like savings account put 10% of your salary into bitcoin each time you get a pay check, I know we live in a world where putting 10% of your paycheck could be really difficult for many people considering we are all living in debt but you can arrange the amount and try to find extra money here and there and just focus on building the amount of bitcoin you have regardless of how much you can buy. This is not "today I was poor, tomorrow I will be rich" deal this is more like "my retirement will be great" deal.

That's not a bad idea provided you have a constant income not related to crypto

With that said, there is still enough room for developing your trading skills in an objective manner. While I definitely agree with you that no amount of however complicated indicators and charts are going to help you, there are simple techniques and approaches which you can employ to increase your chances for success in trading

For example, just following the trend in a cautious and discreet way will be enough to provide you with positive expectation of earning profits other than through luck alone. It is not a secret that statistically, the price has more chances to continue its action once the direction has been established, the fact which you can exploit to your advantage

Exactly.

There are always going to be fiat holding times (Oct - Dec 17 come to mind) when people are being stupid with buying. Just wait for that drop before buying more and you get so much more bitcoin for your dollar :)

Actually, this is not a good approach

Well, maybe, it is not a bad one either (let's call it so-so) as following the trend assumes buying long when the trend goes up and selling short when the trend goes down. In this manner, buying the dip is not a good idea as it is synonymous with catching falling knives simply because you don't know at the time whether it is a real bottom or a false one. You can know that only in hindsight

Following the trend once it is established doesn't guarantee you from losses (losses are to be dealt with via stop-losses as the term itself suggests), but you have this small advantage behind your back and support under your feet that will allow you to be right more often than not, and thus earn profits consistently. This is the Holy Grail of trading so much dreamed of and longed for

I guess at this point there's not much room where we can go down further. Even if the price drops to the 2k zone, i'm pretty confident that 3.5k will not be the ceiling for btc price this year. So just be comfortable when you buy. The bear market is a good time to shop.

And why not a good time to sell?

If the prices are going down for so long, shorting rebounds might actually turn out to be a more profitable approach than buying the dips and risking further crashes. Indeed, you can hit a major reversal, but you can hit them on the way up as easily as on the way down. And for that you have stop-losses in your trading arsenal, which should be at hand no matter where the prices goes

So even if the price is on the rise, you should be ready to instantly employ them as soon as there is a sign for another reversal coming in order to escape falling further down the rabbit hole. Thus you are protected from suffering major losses if things turn from bad to worse, from good to evil

It's feels good buying bitcoin the last few weeks at this $3400-$3800 range.

Still holding only a bit of fiat for that drop everyone is predicting or catch it at the $5k level heading back up if need be.

Even now it is also good time to buy because we can see tha there is a small bump on the market so as per your predictions we are at the small bumps before that huge bump so buy buy buy and hold it until you feel the spike.

This is a very nice graphics analysis on when to buy bitcoin and at the same time the right time to sell it. It is very important that people should no that the probability of bitcoin falling down from were it is now can still hold and it is very wise that you should invest into bitcoin with risk in mind.  In October to early December last year we sow a ranging market and many investors see around $6000 the best time to buy but we all see what has happened as it was pushed down in the middle of December 2018. However,  the probability of this to happen is very low and that is why some time we should give allowance for loses.

He doesn't need to buy bitcoin in the right place, but he should buy bitcoin at the lowest price ;D

The right price doesn't mean the lowest price because the right place could be at $4000 and then the price can fly to $4100, and I will say that it is the right price. But the lowest price, you could buy at a very lowest price, for example, you can buy at $3700, and you still hold the bitcoin until now, and that will be your best moment to buy bitcoin because you will not see that price again in the future.

You can never buy bitcoin at the "right" price because that right price is different in everyones mind. If you think buying bitcoin at its lowest is the best idea for everyone you are wrong and very wrong. Some people would like to buy at the bottom and wait for it to go up, but some people want to buy it while its going up so they do not have to wait and get in maybe not at the bottom but in between but sell at the peak so even tough they didn't made the most profit they made the quickest profit.

Right price is what you think is right for you and I would rather bet on bitcoin at all times no matter what price is and constantly, I buy bitcoin once a week and earn bitcoin constantly and keep that in my wallet, I have bought from 20 thousand dollars as well and I have bought from 3 thousand dollars as well and I do not regret any of them because in the end it made me own a lot of bitcoin.

Those graphs we can put our analysis when its over, we can say we should have bought at this price because look the price went up at this time or this date and we should have not sold at this date because it continues to go up but at the time at the moment it is happening it is hard to say if its the dip already. I remember 2 years go when the price dropped drastically because of fake news, I thought its the dip so I bought but I was wrong, it continue to drop. 2 weeks later the price started to recover.

There is nothing as a right price with bitcoin. Who feel to make an investment into bitcoin should consider buying at the lowest possible. The lowest price by which we buy gets us with the increased opportunity to profit out of the same. To find the exact price of bitcoin it is must to go through different exchanges and get the average value which seems to be the right.

but the main problem of these traders is that it is very difficult to be able to determine the position of a low price and it is very difficult to guess the price accurately, so many often occur trapped in expensive prices because it is very difficult to be able to determine the right position to buy coins.

Yes, I agree with you that it is quite difficult to determine the deep to buy but it is more difficult when you base the purchase of coins when you base it alone on instincts, that is why it is very necessary for a good trader to endeavor to make use of the technical and fundamentals analysis available to them in determining the price to opt in for.

Technical and fundamentals analysis has helped me a lot of ways in making decisions sometimes when I am stocked in the market though studying indicators might be quite hard but once you get the charts right, you will be able to determine when to buy and when not to.

It is not too difficult to understand. Look at the current situation the price is corrected more than 80% of all time high at the moment. Good opportunity to buy not all in because we don't know the bottom buy dollar cost average. For example, buy each week with aa small portion of your portfolio.

This diagram really sums up everything. Dont be that stupid to buy on peak then regret ang curse cryptocurrency right after it goes back to bottom again. Remember that there are a lot time for the market's low value then a limitted time to its peak. If you are nkt lazy enough to peek on the charts then it would be easier for you.

We have differenr mind set in life. Not means you see the value decrease it is good to buy sometimes you need to wait more weeks because they have instances that the value decrease more. But at this moment I believe it is gpod and right price to buy bitcoin.

Everyone would agree because the price is already cheap, you cannot ask for a lower price than the current as lately we have been seeing it tries to break resistance. Also, the bear is already long so I'm expecting anytime soon there will be a breakout of Bitcoin price, and this will also lead to altcoins big spike.  

It is easy to type some words rather than make it real and make it happen.
None wants to buy at the peak, don't you think that they are not so stupid to do it? They just expect the price to increase more and make a need peak upwards of the price they bought. It is very hard to make a trading decision when it is needed and easier to translate graphs at a later point of time.

HODL is always present on trading (buying or selling). Buying bitcoin in the right time is when the price is low or under a bear-market. Right price is the falling of price and selling will be the bull run so that we can get bigger benefits/profits.
Exactly!  It depends inhe trader/buyer if he/she will buy in the time of bull or bearish market. The important is we shared our learnings about buying in the right time.

It's not easy to learn when you buy and sell in bitcoin, because the market is too high volatile and we don't know what will happen next.
If I bought yesterday in bitcoin then I should wait and HODL until my profit was there. We could not conclude when it is the right time to buy. But once you've done investing wait until your profit was there, that is my of investing bitcoin.

I’ll agree with you as each one has different criteria when it comes to buying bitcoins, and there’s no universal answer to this question. I follow a simple approach I always buy it everytime it starts to fall, then I simply hodl my coins for a long while. Also another approach of mine is to, buy bitcoins everytime it’s adoption rate is rising as higher adoption often leads to price hikes.

Don't wait for the best time because if you would always wait then what would happen to you besides no one knows when is the best or right time to enter,
What if you enter the price went down or what if the price is low and you waited for it to go lower then it started to go up then you just missed the chance.

It's always the best time, that's believers and well knowledgeable investors will say,  if you have a full confidence that you understand how the market works and what the industry can bring to you, there's no time frame as timing can be done separately, if you are for long journey any position right now can bring big in the future, while if you are trying to do short then you need to observed longer.

It would be depends on how you will treat the market to favor your positions.

You got a point meyt but all have thier own opinion , all have different goals , all have different mindset .  like for example me myself is a patient person i can wait for a long time if ever the price of bitcoin fall and that is the time that i will buy because that is also the time that i can afford  .  while other guys cant wait   and they have a cash to buy bitcoin at all times  so why would they wait  ? It also depend on the type of coins if ever you are an altcoin investor  . some coins wont go down lower or wont go up higher  

That's an awesome post you've got there. Anyways what we always are concerned about is how things get different at each time. For instance, things have changed now and fundamentals are now different so it'd be difficult to determine the absolute best time to invest.
As you said, we always should be careful now that the venture capitalists are in.

In order not to bother too much, trying to buy at the lowest possible price - it is better to do it right now, now there are very good market circumstances in order to invest in Bitcoin. The best will not be in my opinion. Buy right now and wait. This will be the right step for the investor.

I agree to buy now, since we are in a clear phase of accumulation (following Wyckoff's Philosophy).

Another smart way to buy is when the falls occur, we could usually consult the Short and Long chart (TradingView), when the Short is open, it is the right time to do it.

Since it is bought when Strong Hands do it, and so we have a better clarity of vision of the market, or how Jesse Livermore would say it, follow the trend line of least resistance.

Take a look at the movement bitcoin price in a few month back, have you look the volatile price? I guess not. Bitcoin just have stable price in $3700 to $3900 then I think you will not get a big loss if you bought bitcoin at $3700 price or even you will get profit if you have a patience and sell it at $3900. The right time to buy bitcoin is when you have predicted it and look at the price movement privously.

Yeah I also experience that a lot, we often see falling prices are opportunities to buy, and in fact prices continue to fall after you buy it.
sometimes we find it hard to determine which price is the lowest, but it's our job to analyze it, keep learn!

I think to be able to find out the right time to buy coins at cheap prices is very difficult to know, maybe also because of the influence of the cryptocurrency price movements that are not easy to predict so it is very difficult to know the right position to buy coins at cheap prices.

A good price for buying bitcoin in my opinion is when prices are down and it is predicted to rise soon, because of the difference that is a profit. In theory it's very simple.
The problem is when prices are in a low position and when prices will rise, that makes speculation that bitcoin holders must take into account the parameters that are available when investing. So one of the keys to the success of Bitcoin must be patient and not greedy.

title of the thread seems wrong  . " it says how to buy at the right place "   . basically when we buy our bitcoins we buy it online  . i think the title should be " how to buy bitcoin at the right time "  because there are times that the price is in good condition in which not all can afford to buy a bitcoin  . other times the market is in bad shape ,  that is the perfect time to buy bitcoins because we can get a huge discounts  .

It still depends on the purpose of buying bitcoin at that time, the reason why some people always ask people to buy at any time is because the market cannot be predicted, Bitcoin might be in good condition now and continue that way without going deep again but we still have to watch closely by using our analysis to know if it’s right time or not, that is for investors though but for normal users that wants to use it as means of payment for services can still buy at any time to pay.

I agree with first comment, I would say that OP used the wrong term too. For the purpose of trading it`s the "right timing" for buying and selling. Term "right place" is not completely wrong, if your term is came from chart analyses, than the "right place" on the charts for buying or selling, have much more sense.
Only headline suggest that topic is about a place where to buy bitcoins. At least I got that impression, and as it seems many others.