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Bitcoin => Bitcoin Discussion => Topic started by: Greggry on March 21, 2023, 07:29:35 PM



Title: Buying cheap is best formula
Post by: Greggry on March 21, 2023, 07:29:35 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.


Title: Re: Buying cheap is best formula
Post by: Upgrade00 on March 21, 2023, 07:35:35 PM
You don't need to wait to be able to afford half of a Bitcoin, buy as much sats as you can afford now based on your income and repeat that at regular intervals.
Rather than giving financial advice and making repeated threads, you should focus on improving your knowledge on how Bitcoin works, this would put you in a better financial position.


Title: Re: Buying cheap is best formula
Post by: FatFork on March 21, 2023, 07:48:46 PM
OP, it's great that you're interested in investing in bitcoin. However, I would caution against assuming that past performance will necessarily predict future results. While there may be trends in the market, there are always unforeseen factors that can impact the value of cryptocurrencies. It's important to consider the risks and benefits of investing in any asset.

If you're comfortable with the potential risks and feel that bitcoin aligns with your investment strategy, then go for it! But just remember, investing in bitcoin can be a rollercoaster ride.  :)


Title: Re: Buying cheap is best formula
Post by: blockman on March 21, 2023, 07:53:21 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
We may be the great benefactors and we've just learned in the past that the price of bitcoin is getting higher each year that passes by. There will be new more trends that shall bump the price and mostly, the halving. But to discourage people to buy right now isn't sound advice. Instead of telling them not to invest, it's better for them to invest right now or whenever they're comfortable. That's the reason why many miss those times when it's too cheap because they've probably heard that it will dump some more until it didn't.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
For your money to double, it does have to double in price as well and we can't be sure if it does within the next three months. But sure it will do but it's going to be a matter of time when.


Title: Re: Buying cheap is best formula
Post by: panganib999 on March 21, 2023, 07:56:34 PM
For me, you don't really have to wait til bitcoin drops in value and becomes cheap before you go out there and buy bitcoins. If that would be the case then you'd literally lose hairs waiting especially during a bull run. For me, the best is to buy as much as you can in the moment, with full confidence that you wouldn't sell those at the first sight of trouble of course, and consistently do this until you eventually reach your desired amount. That way you can ride all the small umphs in value and at the same time secure yourself a spot whenever a bull run comes.

Buying low and then selling high is a basic person's solution to the problem of not being able to afford a bitcoin, but the above stated strategy for buying works more effectively.


Title: Re: Buying cheap is best formula
Post by: examplens on March 21, 2023, 08:24:11 PM
the best formula is actually to recognize the tick when bitcoin is cheap, but that moment needs to be recognized. I'm afraid it's much more complicated than what you tried to write in two sentences.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

I've been in this for quite a long time, and I don't think it's possible to make a parallel based on the movement of values in relation to a period of time. they are all coincidences and there is always a need for some significant event that will cause major movements.


Title: Re: Buying cheap is best formula
Post by: CryptoHeadlineNews on March 21, 2023, 08:32:42 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it.
So how sure are you that the price of Bitcoin is not down currently today at $28k/BTC? Because if you can look at the chart below you will notice that the price of Bitcoin just 10 days ago was $20k "11th, March 2023", while today, the price of BTC is standing at $28k, and who knows if by next 10 days it's price won't worth another $8k difference making it $36k by 31st March 2023. So my friend, I will love to say that there is no good or bad time, in as much as you buy the little you can afford at the moment.
https://images2.imgbox.com/5d/7c/pr13BmXz_o.jpg (https://imgbox.com/pr13BmXz)



Quote
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
So what prove have you to back your statement other than just mere words, that the price of Bitcoin will double in price in next 3 months.


Title: Re: Buying cheap is best formula
Post by: OpenCEX on March 21, 2023, 08:48:05 PM
The price of BTC is unlikely to double in the next 3 months. Well-known analysts predict reaching and fixing at $30k by the middle or end of the year.
But you should still buy some BTC at any time if you’re so optimistic.


Title: Re: Buying cheap is best formula
Post by: OgNasty on March 21, 2023, 08:59:31 PM
Obviously buying the dips is better than buying the peaks.  However, the important thing to remember is that you need to buy to benefit from Bitcoin or earn it in some other way.  I know a lot of people who watched me get "into" Bitcoin over the years and always said they'd buy at this level or when this happened, but they never do or they buy and then sell almost immediately when they didn't get rich overnight.  So buy low or buy high, but make sure you buy something (or earn it, trade for it, etc.).  Don't be that guy on the sidelines talking about how you knew Bitcoin was going to be the next global reserve currency but you were too busy doing other things to benefit from it.


Title: Re: Buying cheap is best formula
Post by: JoyMarsha on March 21, 2023, 09:00:27 PM
Don't be one of those people who claim that they will only buy bitcoin when they have a lot of cash. If you're hoping for anything like that to happen, then you probably want to be one of the people that keeps saying they'll buy bitcoin when they have a lot of money, but then never actually does, so they miss their chance.

Invest the little you have in bitcoin. You must not have bought half of the bitcoin before you'll be able to have double the profits of the current price.


Title: Re: Buying cheap is best formula
Post by: kawetsriyanto on March 21, 2023, 09:10:55 PM
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Actually, the best time to buy is the last year, it was when the price of Bitcoin dropped very severely. If you bought some Bitcoin with your money at that time, you even already get profits if you sell now. However, it is not too late to buy now but I suggest "wait and see" first. I think you need to wait for the next correction, it is the ideal time to buy. By the way, I don't know what will happen in the next 3 months, it can be an uptrend or a downtrend again. How do you know the price of Bitcoin to double in the next 3 months?

In my understanding, a bullrun period happens every 4 years, but it is not a definite count. Since the first year of bearish is in 2022, so the possible next bullrun ideally happens in 2024-2025. So, it is not too late to prepare your Bitcoin now because there is still plenty of time.



Title: Re: Buying cheap is best formula
Post by: pawel7777 on March 21, 2023, 09:52:14 PM
The price of BTC is unlikely to double in the next 3 months. Well-known analysts predict reaching and fixing at $30k by the middle or end of the year.
But you should still buy some BTC at any time if you’re so optimistic.

Out of curiosity, can you name a few of them? That's a very conservative prediction, given we're already very close to breaking $30k.

As someone once said, relying on technical analysis price prediction is like driving a car while looking in the rearview mirror. There's zero guarantee that previous patterns will keep repeating themselves. If it was that easy we'll all be filthy rich by now.


Title: Re: Buying cheap is best formula
Post by: Kelvinid on March 21, 2023, 09:53:54 PM
Don't be one of those people who claim that they will only buy bitcoin when they have a lot of cash. If you're hoping for anything like that to happen, then you probably want to be one of the people that keeps saying they'll buy bitcoin when they have a lot of money, but then never actually does, so they miss their chance.

Invest the little you have in bitcoin. You must not have bought half of the bitcoin before you'll be able to have double the profits of the current price.
Investing is not like pushing ourselves to do it as this likely will end up in a very inconvenient matter but it should be our desires and willingness which could result in positive. That is why I don't urge someone to invest but I'd rather wait for them to decide because that was their money and it was too hard to dictate a person whose mind is full of doubts and negative as surely it never went well. And we can't push someone if he/she never understands how crypto works but I believe they'll get courage when they fully get the idea.


Title: Re: Buying cheap is best formula
Post by: Scripture on March 21, 2023, 09:59:09 PM
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Bull trend is confirmed if you will look at a monthly time frame of the price movement of Bitcoin and yes buying now can be a good decision because many also predicted that the price of Bitcoin in the next 3 months will be better.

There's no doubt about Bitcoin, its still cheap and there's still time to accumulate so have a good decision now and hold until you make profit. I'm still doing DCA because of a limited budget, but still this is a good strategy for long term.


Title: Re: Buying cheap is best formula
Post by: Stalker22 on March 21, 2023, 10:14:10 PM
It's not about how much money you have, it's about making the most of what you do have. Even a small investment can yield big returns in the world of crypto. I remember when I first started investing in Bitcoin, I only had a few hundred bucks to spare. But I did my research, took the plunge, and now I've seen my investment grow substantially. It's all about taking action, no matter how small. If you're waiting for the perfect time to invest in Bitcoin, you're going to be waiting forever.


Title: Re: Buying cheap is best formula
Post by: Questat on March 21, 2023, 10:20:15 PM
I believe the idea that buying low gives you a better profit once selling them during the bull season.
That is why investors manage to wait for many years just for the sake of selling their coins to a better price as they believe and are confident enough that it really happens. Those who understand the nature of the market will certainly clear their mind and rejected all doubts but rather make themselves focus on their goal to earn more. But of course, choosing coins will also matter which is why we only have to choose promising coins or those coins that we believe that it guarantees us returns.


Title: Re: Buying cheap is best formula
Post by: Zorigi on March 21, 2023, 10:45:22 PM
indeed now is the time to buy and it's not too late, but in my opinion in buying bitcoin don't be in a hurry because it would be better to wait for the btc price to correct first,
and actually in this case NOBODY KNOWS whether btc will go up or down.
so we must be vigilant in investing because in my opinion the world economy has not fully recovered. so most likely btc price will drop again with a sharp drop. but the decision is in the hands of each of us.

I hope bitcoin price continues to increase.


Title: Re: Buying cheap is best formula
Post by: hatshepsut93 on March 21, 2023, 10:53:27 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

You are doing a lot of mistakes here. Believing that Bitcoin can only go up and up forever is risky. There's nothing that guarantees that, in fact Bitcoin's value is based only on speculation, which is why it is so volatile. Next, Bitcoin doesn't retain its value. If the price goes down and you have an unrealized loss, you can't always afford to wait it out till the price goes up again. Sometimes life forces us to spend money, and if the value of your money happened to go down when that happened, you could be in a big trouble.

And lastly, you are using past performance to predict the future. But it ignores that conditions were different. Bitcoin market was small and had a lot of room to grow, and halvenings had huge effect because 25 and then 12.5 BTC were cut from supply every 10 minutes.


Title: Re: Buying cheap is best formula
Post by: Slow death on March 21, 2023, 10:58:20 PM
The price of BTC is unlikely to double in the next 3 months. Well-known analysts predict reaching and fixing at $30k by the middle or end of the year.

don't believe these crazy analysts, I can't tell you here about technical analysis stuff, it's up to you to study and learn, but I can tell you that currently the price is very close to reaching 30,000$ than dropping to 20,000$. this zone from 27500$ to 30,000$ for a long time acted as a very strong support, just pull the memory a little and you will remember that when the price was above 32000$ there were times when it rose a lot to 39000$ - 42000$ but then it dropped a lot but as soon as it touched $30,000 it immediately rose to $32,000, in some extreme cases it even briefly touched $28,000 but then rose, at the moment the price is stagnant at $28,000 because it is accumulating to gain momentum towards 30,000$, it won't take until the end of the year to reach 30,000$, these analysts fail a lot

But you should still buy some BTC at any time if you’re so optimistic.

in my opinion people should not just buy bitcoin without having a plan, this is the same as the following: a person wants to buy bananas to eat in 6 months, that person should not buy bananas that are too ripe and could be rotten in 30 days, that person should buy green bananas that will take time to mature, something like 6 months, of course this is just an example. in the case of bitcoin, it is better for the person to look at the charts and know the price history to choose the best buying points and have an idea of how much profit he can expect to make in a given time


Title: Re: Buying cheap is best formula
Post by: sheenshane on March 21, 2023, 11:00:08 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
It might you're talking about buying Bitcoin in a DCA way which is a good practice in purchasing Bitcoin.
It's pretty common now that people treat Bitcoin as storing the value as an investment, not using it as an alternate payment system.

Keep in my mind that the current market conditions are unpredictable and volatile, so investing based solely on historical trends may not always yield favorable results.  Be sure the amount that you invested is only the amount that you can afford to wait to make a profit.


Title: Re: Buying cheap is best formula
Post by: Charmekkd on March 21, 2023, 11:10:17 PM
buying at a low price is the best choice, but now the price of btc is gradually increasing, and I don't know what price it will stop at. and in my opinion this is a confusing situation that is whether bitcoin will continue to rise or will fall. and in my opinion, for long-term investment, of course there will be no problem if our buy right now because at this time the price of bitcoin can still be called cheap even though there is a price increase. so in this case the decision is in the hands of each.


Title: Re: Buying cheap is best formula
Post by: Tabani Pierson on March 22, 2023, 12:33:38 AM
Buying cheap can certainly be a great strategy for investing, but there are a few things to keep in mind. I think, just because something is cheap doesn't necessarily mean it's a good investment.

You have to make sure you're investing in something with long-term potential.

Also, you mentioned, the current market is quite volatile, so it's important to be prepared for the possibility that your investment could go down in value before it goes up.

That being said, I personally believe that bitcoin is a promising investment right now. I mean, if you look at the market charts from the past, there is a clear pattern of prices going up after a period of decline.

So, even though it may be scary to invest when prices are low, it could actually be a great opportunity.


Title: Re: Buying cheap is best formula
Post by: nullama on March 22, 2023, 12:42:02 AM
It's really hard to know exactly when it's "cheap".

Also, people might have available funds at different times, and there might not be an overlap when Bitcoin is "cheap".

I think the best way is to simply buy frequently, whenever you have the funds. Because at the end of the day, if you're in Bitcoin for the long term, it doesn't matter too much when exactly did you buy it.


Title: Re: Buying cheap is best formula
Post by: GreatArkansas on March 22, 2023, 01:09:56 AM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
(...)
But for me, if you are a trader, you must try to become profitable even bear market or bull market.
And about "Buying cheap is the best formula", this is very easy to say but difficult to execute or achieve. Because this is already proven over time, we don't know what the "cheap" you want to mean is actually having another dump. It's very difficult.


Title: Re: Buying cheap is best formula
Post by: kaseygriffin on March 22, 2023, 01:57:32 AM
Theoretically we all know that BTC should go up over time, so the issue is not the price here. Since BTC simply when you hold it you get a profit, I am not too sure when is the best time to buy btc, but I find that the allocation and management of capital in investing is very important.
After the DCA process until it is profitable, I find that sometimes it is enough to invest in calm, the more I watch the market, the more easily the psychology is shaken.


Title: Re: Buying cheap is best formula
Post by: ChiBitCTy on March 22, 2023, 02:03:06 AM
This is the number one rule of investing that I talk to all of my clients about.  Often when the stock market tanks I get calls from them panicking, and I simply explain how you dont actually lose anything until you sell.  I phrase it this way..when is the best time to go to an electronics store and buy a TV or computer or whatever...during a holiday sale right.  Same thing with the stock markets or bitcoin markets..when things are down, it's simply a sale in the market..ie time to buy!


Title: Re: Buying cheap is best formula
Post by: xSkylarx on March 22, 2023, 02:35:57 AM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
(...)
But for me, if you are a trader, you must try to become profitable even bear market or bull market.
And about "Buying cheap is the best formula", this is very easy to say but difficult to execute or achieve. Because this is already proven over time, we don't know what the "cheap" you want to mean is actually having another dump. It's very difficult.

This depends on the trader's strategy because there are traders that will stay away from this kind of market because they keep losing or their strategy won't work, which is why some of them will rest as the market is unpredictable. It is the same with "buy low, sell high": we can't predict if it is the lowest point so that we can buy it. Instead of just focusing on the formula, focus more on how you would execute it to gain profit.


Title: Re: Buying cheap is best formula
Post by: bounceback on March 22, 2023, 03:29:58 AM
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Maybe right now your funds are not enough to buy half a bitcoin, but you can still buy bitcoin fractions regardless of the amount of funds we have, for example buying them with funds of $ 1 to $ 10 per day, you don't have to force yourself to buy with a large nominal if you don't have the funds which is enough, although $1 to $10 is a small amount but if we do it every day for a year or more then the amount will also be big.
Op how can you be so sure that bitcoin price will double in next three months time because right now bitcoin price is still in $28k area and if price doubles that means bitcoin will be in area of ​​$56k close to previous ATH price in 2021.


Title: Re: Buying cheap is best formula
Post by: ethereumhunter on March 22, 2023, 03:53:07 AM
Indeed, buying when prices are dropping is a good time to invest but unfortunately, not many of us can buy at lower prices because bitcoin prices are always moving. So we can only estimate the lowest price and set the purchase price until it is filled.

You don't need to immediately buy with a lot of money but buy bitcoin regularly, which is what many people have done and suggested. By doing that or we call it DCA, we can reduce the average buying price and earn more bitcoins if we buy at the lowest price. Hopefully, in the next few months, bitcoin prices can really increase very high.


Title: Re: Buying cheap is best formula
Post by: Lorence.xD on March 22, 2023, 04:35:25 AM
This is the number one rule of investing that I talk to all of my clients about.  Often when the stock market tanks I get calls from them panicking, and I simply explain how you dont actually lose anything until you sell.  I phrase it this way..when is the best time to go to an electronics store and buy a TV or computer or whatever...during a holiday sale right.  Same thing with the stock markets or bitcoin markets..when things are down, it's simply a sale in the market..ie time to buy!

I know right, for starters they are always panicking where it lead to wrong decision in trading and investment. That's a good way of phrasing how the market works for beginners for them to easily understand the concept of trading. If only you could simply say that they should trust your calls since you're the one who's knowledgeable about trading. I just simply compare it to how the gold investment work and they would just "aaahh i get it". Buying at dump selling at pump. But not all the time since there's a month of bullish for a long period of time and also dump.


Title: Re: Buying cheap is best formula
Post by: wxa7115 on March 22, 2023, 04:44:34 AM
Indeed, buying when prices are dropping is a good time to invest but unfortunately, not many of us can buy at lower prices because bitcoin prices are always moving. So we can only estimate the lowest price and set the purchase price until it is filled.

You don't need to immediately buy with a lot of money but buy bitcoin regularly, which is what many people have done and suggested. By doing that or we call it DCA, we can reduce the average buying price and earn more bitcoins if we buy at the lowest price. Hopefully, in the next few months, bitcoin prices can really increase very high.
Buying the dip is a good strategy, but we must recognize that this is a strategy that is not really suited for newbies, because in order to implement it you need to be completely sure about investing in bitcoin, and this can only be done if you have read extensively about it.

Newbies due to their inexperience simply did not had the time to do this already, so when they see the price going down they panic and instead of thinking about buying they think about selling their coins.


Title: Re: Buying cheap is best formula
Post by: Outhue on March 22, 2023, 05:00:49 AM
In the history of Bitcoin price action, I was able to experience two bear markets.

The price movements during those bear markets appeared to be identical, but there is no guarantee that this bear market will move in the same way. We all expected Bitcoin to continue surging in 2020, but covid changed the tide, and we saw a new low again, frustrating many investors who gave up and left.

You could end up the same way if the unexpected happens, it is better to be prepared for any results that may occur.


Title: Re: Buying cheap is best formula
Post by: exchange1 on March 22, 2023, 05:18:13 AM
Which two bear markets?


Title: Re: Buying cheap is best formula
Post by: Plaguedeath on March 22, 2023, 06:13:45 AM
Any price lower than $68,789.63 is cheap because you're not buying at ATH :D

There's a high chance we will see bull run on the next year or two years, so be sure you're accumulating Bitcoin when the price is still cheap right now. To prevent from huge loss, you can buy Bitcoin using DCA strategy where you buy Bitcoin every week, biweekly, or monthly regardless how much the price is.


Title: Re: Buying cheap is best formula
Post by: worle1bm on March 22, 2023, 06:31:26 AM
I would say buying at the current times is the best formula because you can't exactly decide what is the cheap price.Say you invested at $20k but now it's at $16k so it will be more cheap then your investment point but any price at this time is cheap if you are planning to hold it for long term.

But if you are investing at hope that it will double after three months then you are just speculating about it as there's no guarantee about the same and you must evaluate all the risks and volatility factors before reaching such conclusions.Just invest and hold for long term is best.


Title: Re: Buying cheap is best formula
Post by: reagansimms on March 22, 2023, 06:39:21 AM
No need to wait until the money is collected to buy half of Bitcoin, you can buy now with the financial capabilities you have. Enter slowly, you will get some of what you expect unexpectedly. Focus on a plan that has been designed from the start, if you believe Bitcoin can add value to your money in the next three months, do it now.


Title: Re: Buying cheap is best formula
Post by: Hyphen(-) on March 22, 2023, 06:53:27 AM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
I don't see anything wrong with buying Bitcoin now; the price of Bitcoin is still low and has yet to reach half of its all-time high, which means that now could be a good time to buy Bitcoin because there is hope that the market will soon recover.


Quote
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
The Bitcoin/cryptocurrency market has no guarantees and cannot be predicted; seeing the price go up now does not mean the price will double in three months' time as you are predicting, but we are hoping it takes that shape because the price has been down for a while and we are some months away from Halving; it could be a time for the market to fully recover.


Title: Re: Buying cheap is best formula
Post by: DapanasFruit on March 22, 2023, 07:01:08 AM


When one is involved with Bitcoin, one should understand the many possible benefits as well as risks in here. You are into a world where volatility is to the extreme compared to other assets available for investing. This is the reason why I don't usually share to my friends my crypto involvement because I don't want some misunderstanding later. Anyway, yes this can be the best time to get into Bitcoin that is assuming that you are still starting but remember that here anything can happen...either BTC can go on and claim a new ATH or it can make a dramatic retreat back to just $10K for lack of some excited news around.


Title: Re: Buying cheap is best formula
Post by: bakasabo on March 22, 2023, 09:11:03 AM
Buying cheap isnt the best formula imho, because you never can tell when it is cheap. Today cryptocurrency market is growing, tomorrow it can be on a bottom and that cheap easily converts into ATH. Being able to hold and follow all security measures is the best formula. Being able to handle stress and ready for long term investment is the best solution for those who buy. Because only that combination convert any price into "cheap".


Title: Re: Buying cheap is best formula
Post by: borovichok on March 22, 2023, 09:14:05 AM
No need to wait until the money is collected to buy half of Bitcoin, you can buy now with the financial capabilities you have. Enter slowly, you will get some of what you expect unexpectedly. Focus on a plan that has been designed from the start, if you believe Bitcoin can add value to your money in the next three months, do it now.
Going into the market with good entries is beneficial and there's more time to bagged Bitcoin during the bear period. Gathering small earnings to purchase the necessary available Bitcoin is a good steps to take towards a planned trading strategy. We don't have to wait to accumulate larger trading accounts before we will be able to execute a trade. It's important to know the lotsize of our accounts and what we can afford to lose in the market based on the volatility of the market. Mapping out the strategy that works for you is very important, because it's not always advisable to follow the trends.


Title: Re: Buying cheap is best formula
Post by: FahriZah on March 22, 2023, 10:10:33 AM
When I Seen Price Now Cheap And Little Down Than Try To Buying More At Cheap Because If Anyone Missed To Buying To Cheap Price Than He/She Unlucky Because If Can Done Buy At The Cheap Price Than Selling Little Up I Mean Don,t Buy Once Your Fund Try To Buying Al Last 3 Position Like First Time Buy Example BTC : When Buy First Time Than One BTC EQUALS 28k USD And Wait Little Bit To Buy Your Second Entry Like BTC Down To 27k USD Than Buy Your 2nd Fund.If You Seen Market Going Up And BTC Touch Upto $29k Than You Can Sell Your Fund At The Price. But When You See After Your Second Entry BTC Going More Down Than Your Need To Use Your Third Position Entry Like BTC Come At $25k Area Than Your Need To Use Your Third/Final Find. Buying Cheap Is The Best Formula For Crypto Lovers.


Title: Re: Buying cheap is best formula
Post by: LastKiss on March 22, 2023, 10:54:00 AM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
~snip~

Anything that we buy for cheap is the best thing that we can do with our money, it's never too late to buy crypto especially Bitcoin. We always try to buy crypto as cheaply as we can but while we're waiting we already miss the train that we never get that price again in the future. Keep accumulating while the price is in discount and hold for the long term don't ever easily get FUD from other people.


Title: Re: Buying cheap is best formula
Post by: Rockstarguy on March 22, 2023, 10:57:54 AM
The price of BTC is unlikely to double in the next 3 months. Well-known analysts predict reaching and fixing at $30k by the middle or end of the year.
But you should still buy some BTC at any time if you’re so optimistic.
You never can tell, no one predict the market. It is possible in the next 3 month bitcoin can get to a high price which you never expected.  Take a look at the market some weeks ago, bitcoin was around $22k but currently it is around $28 and if you should think about the price as at last week you won't believe it can get to this price in few days.

The best thing investing bitcoin is never to predict the price but to invest as much that you can afford according to your income and wait for that price which you crave for.


Title: Re: Buying cheap is best formula
Post by: jeraldskie11 on March 22, 2023, 11:54:14 AM
Anything that we buy for cheap is the best thing that we can do with our money, it's never too late to buy crypto especially Bitcoin. We always try to buy crypto as cheaply as we can but while we're waiting we already miss the train that we never get that price again in the future. Keep accumulating while the price is in discount and hold for the long term don't ever easily get FUD from other people.
It's best to buy Bitcoin at a cheap price because that's the way we can make a profit from Bitcoin. But we don't know if it's the cheap price of Bitcoin or maybe it's too expensive to buy. So it's ideal to have rules and plan for your purchase that matches your Market Analysis, technically or fundamentally so you can say that it is still cheap.

Some people will say that even though the price of Bitcoin is at its peak, which indicates that there is not much demand, but they will still buy because it is still cheap. Because their expectation is that the price will reach $100k, so we can say that it is cheap. But because we are new, we can't control our emotions, as long as we don't have rules and a plan, it's possible to cause panic that it might go down a lot so we just sold it below the buying price. So it is not good to enter directly in the market with that reason.


Title: Re: Buying cheap is best formula
Post by: rby on March 22, 2023, 12:13:31 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Buying cheap and selling high is the real formula of Bitcoin. There is no doubt about this, but there is always some kind of difficulty in knowing where exactly is the low price in order to buy cheap.
And also it is not always easy to know where there is the highest price in order to sell and make profits.
Some people will still not sell their bitcoin even when they make X10 and they will believe that bitcoin will explode the more. In the process of waiting it may begin to decline in price.
However, I am not very sure that bitcoin will increase in the next three months to the level of doubling or tripling.


Title: Re: Buying cheap is best formula
Post by: Hypnosis00 on March 22, 2023, 12:20:01 PM
Well, the truth is that those who buy potential coins at cheap prices have a bigger chance to earn more than those who come during the bull season.
Not only it was the best formula but it was the most genuine strategy that never I found become obsolete in the future. But it was not just we buy at cheap prices, we also need to learn how to wait and extend our patience as the market won't give us an easy way to earn money.
And of course, we need to analyze the market trend and make a decision from it - when to buy and when to sell.  


Title: Re: Buying cheap is best formula
Post by: Henrobakkara on March 22, 2023, 12:29:12 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
I don't think that anybody that's really interested in Bitcoin and has taken the time to look at the market as you have mentioned shouldn't be advised on what to do as to have invested in Bitcoin when it went down to almost $15k and I do think Investment should actually be the word since you intend to hodl for a long term.


Title: Re: Buying cheap is best formula
Post by: Marvell1 on March 22, 2023, 12:31:03 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Buying cheap and selling high is the real formula of Bitcoin. There is no doubt about this, but there is always some kind of difficulty in knowing where exactly is the low price in order to buy cheap.
And also it is not always easy to know where there is the highest price in order to sell and make profits.
Some people will still not sell their bitcoin even when they make X10 and they will believe that bitcoin will explode the more. In the process of waiting it may begin to decline in price.
However, I am not very sure that bitcoin will increase in the next three months to the level of doubling or tripling.


In investing, buy low sell high is the general formula, not just bitcoin, this formula can be applied to all financial markets. But you're right, it's extremely difficult to pinpoint where the low price to buy is, and there's no guarantee that bitcoin will continue to double over the next 3 months. The effective way to get a return on investment in bitcoin is a long-term investment and DCA every time we have money, by long-term accumulation and holding, we will get the best return. Don't wait for the lowest price to buy because we won't know until it's past.


Title: Re: Buying cheap is best formula
Post by: rozak on March 22, 2023, 12:35:30 PM
Well, the truth is that those who buy potential coins at cheap prices have a bigger chance to earn more than those who come during the bull season.
Not only it was the best formula but it was the most genuine strategy that never I found become obsolete in the future. But it was not just we buy at cheap prices, we also need to learn how to wait and extend our patience as the market won't give us an easy way to earn money.
And of course, we need to analyze the market trend and make a decision from it - when to buy and when to sell.  
unfortunately, for beginners who are just coming and getting to know the crypto market. they always want to buy and own assets immediately. of course, more of them are attracted to the market because of the news or friends' stories because the market is being bull. that's what makes the cheap buying strategy difficult for beginners. they won't know the cheapest price of the asset they want to buy.
for those who are experienced in the crypto market, of course, it won't be a problem. but for those who are new, especially those who came because of the hype. they have to be careful, to begin with.


Title: Re: Buying cheap is best formula
Post by: Flexystar on March 22, 2023, 12:39:49 PM
the best formula is actually to recognize the tick when bitcoin is cheap, but that moment needs to be recognized. I'm afraid it's much more complicated than what you tried to write in two sentences.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

I've been in this for quite a long time, and I don't think it's possible to make a parallel based on the movement of values in relation to a period of time. they are all coincidences and there is always a need for some significant event that will cause major movements.

This is a true case and the same sort of thing is happening to me. I have learned crypto the slowest way possible but it benefited me over time and now I am having a good amount of savings in my ledger. I am not only earning from the forum, but I am having multiple income sources when it comes to bitcoin. Whether it is my job salary share, or it's my micro-task website earnings I am always trying to increase that number and trying not to sell anything.

Initially, I was not able to save at all! Literally, anything came to me, it was sold for fiat and used on daily expenses (or weekend parties). However, soon bitcoin started showing it's true color when it hiked on multiple occasions. That was the time point when it struck me, selling is not a good idea at all. There, you will automatically start saving some chunk of the bitcoin and benefit over time.

So whether you have money and you don't have money, those are just reasons.


Title: Re: Buying cheap is best formula
Post by: Mr. Magkaisa on March 22, 2023, 01:22:45 PM
   -    While bitcoin is currently rallying in value, most other cryptos are red in the market, and others are just at ease.

So I think it's a good opportunity to buy cryptos now while the market is kicking up its value. Like shib Inu, and so on. This is just from my point of view which I think is okay as an investment in the long term.


Title: Re: Buying cheap is best formula
Post by: Ketesnuko on March 22, 2023, 01:31:57 PM
You are wasting time if you keep waiting for Bitcoin to drop in value before you can buy, we are in a bear market so why are you waiting? If you don't buy now you will fomo into bitcoin when the bull market is getting started or already start, bear markets are meant for us to create opportunity, buy and hold then make gains in a bull market.


Title: Re: Buying cheap is best formula
Post by: speedy963 on March 22, 2023, 01:57:03 PM
There is no such thing as exact timing if you want to buy Bitcoin. This was a major topic back then as to what price is the specific buying price for bitcoin, and as usual we will keep telling you to buy as much as you want and hold as long as you need to. Data from research also shows that most of the gainers are those who invested without minding the price and kept buying over and over. In a long run time will only tell how much you've gain, but it is already a sure way for profit.


Title: Re: Buying cheap is best formula
Post by: virasog on March 22, 2023, 03:17:49 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

We all know that we should buy bitcoin when its prices are low but usually in these bear times people wait for more lower prices and therefore they fail to buy bitcoin. No one can find the ultimate bottom so in my opinion we can use the dollar cost averaging method (DCA) in which you will buy bitcoin periodically and not buy once at any particular price.

If you want to buy half a bitcoin, do not buy all of it at once. Buy 20% of it at current market price and keep buying some amounts weekly and monthly. In this way, you will get a better average bitcoin buying price.


Title: Re: Buying cheap is best formula
Post by: DevilSlayer on March 22, 2023, 03:36:12 PM
Knowing when to buy is the best formula for me, if you have knowledge when to buy, when to exit, how much you will put and many more basic informations, you can easily earn money through price appreciation but that formulat is not easy to get. You need to spend hundreds of hours (days) in order for you to acquire that kind of knowledge. People easily think that they can make money by buying at lows without knowing if it is the low and without basic understanding regarding about price structure. If you spend on acquiring knowledge, everything will be easy. You can easily find opportunities in the market that can help you to build and create your own wealth.

My advice is try to spend 1 hour every single day and commit to get knowledge regarding technical analysis because it can help you to acquire positions in the perfect and right time. I also suggest that you should avoid putting your money in futures because your account can be burnt easily if you have leverage even if you by in cheap price. Remember once you take a leverage, there is a probability that your account get liquidated do I advice that you should start investing without leverages.


Title: Re: Buying cheap is best formula
Post by: maydna on March 22, 2023, 04:41:57 PM
Why would you buy half a bitcoin now if you can buy it several times while the price is correcting? But if that's your decision, you should really watch the price and only buy when the price is at low price. And it's not easy to determine the lowest bitcoin price because our predictions and analysis can never follow where the bitcoin price will move.

But if you can buy bitcoins when the price is corrected, you can buy more bitcoins for the same amount of money because, with the drop in price that occurs, you get the advantage of buying more bitcoins. And if the price goes up for a while and goes down again at the same price you bought, you get a second chance to buy bitcoin at that low price. It will provide another advantage for you in the future.


Title: Re: Buying cheap is best formula
Post by: bitzizzix on March 22, 2023, 04:46:39 PM
Buying at a low price is everyone's hope, but this is not as easy as we imagine because sometimes what we think is the cheapest price turns out not long after that the price drops again and becomes cheaper than the previous price.
the market is not easy to predict because whatever happens is caused by some factors that we never know before, and the right choice for crypto especially bitcoin doing long term is the best choice. And buying incrementally on each dips is a smart move and not buying all at once as bitcoin price is not easy to predict, do DCA on each continuous dips and increase your buys and reduce back when the price starts to rise to half the previous high and hold it for long term .


Title: Re: Buying cheap is best formula
Post by: Wiwo on March 22, 2023, 04:50:12 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is really because it always occurs this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Buying the deep has always been the most pronounced Bitcoin purchasing model, this is because the risk is low at the bottom and the chances for quick profits are high at that level, even though this is not investment advice but it is close to being 100& guarantee of no risk and only rewards.

-Take for instance, those who bought bitcoin when it was a few cents a couple of years ago, will forever be grateful for making that decision at that time because the net profits have amassed a lot.


Title: Re: Buying cheap is best formula
Post by: hZti on March 22, 2023, 04:59:17 PM
Buying at a low price is everyone's hope, but this is not as easy as we imagine

It is true and false at the same time  :P With bitcoin you can see every price that trades a lot under the last ATH as a cheap price. This is because in the past the last ATH was always broken, so buying before would always end up in a profit. What we dont know is if this will continue, with rising interest rates and changing economy.


Title: Re: Buying cheap is best formula
Post by: AnonBitCoiner on March 22, 2023, 05:52:37 PM
we cannot say that this price is low or high because the bitcoin increases every year more than previous one. as we compared bitcoin beyond 2015 so we can see that the price was not such high aa in 2023 so we can say that bitcoin changes in worth but it again attain the higher cost as the time passes.

Now if you can buy bitcoin so do it soon and you will see that after four or five years the bitcoin price will be double than this or may be more than double. The best time to buy is when market situation are harsh so therefore buying will be better.

People are afraid of lowering bitcoin price but is is the opportunity for those who have not yet make investment in Bitcoin and wants to do it. But those who have already invest money in Bitcoin should remember that this harsh time will passes so just keep holding you will surely return your money back in increase amount.


Title: Re: Buying cheap is best formula
Post by: rokok lokal on March 22, 2023, 05:54:57 PM
In my opinion, It is not always accurate to say that buying cheap is always the best formula. My reasoning is because the value of any asset can fluctuate based on various factors such as market demand, supply and overall economic conditions.

While it is true that Bitcoin has experienced significant price increases in the past, it is important to remember that past performance does not guarantee future results. The cryptocurrency market is highly volatile, and it is important to conduct thorough research and analysis before making any investment decisions.


Title: Re: Buying cheap is best formula
Post by: famososMuertos on March 22, 2023, 06:13:22 PM
OP: Well.-.! this is not it's that simple like buy. That is,  you're leaving many observations out of the plan. e.g. , you car, so that it works, it only needs gasoline! (?), so,  your car only needs that you to buy it.

In reality, there are people who adapt to Hodl and forget to buy, others trade, others simply buy and sell, which should not be confused with being a trader.

Actually, the basic formula is to be well informed.


Title: Re: Buying cheap is best formula
Post by: Maxre on March 22, 2023, 06:15:54 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
You are right that buying cheap is good but you don't know how to buy cheap 🤣
Because Those people who have great knowledge and also trading experience can guess that this is cheaper to buy crypto at that point and it could be a game changer too. So I will say that You just have to simple click and you buy at cheap and tha other click to buy at lower price. So this is just not a click game. Pay attention and learn and some day you will buy cheap and you will be happy at that moment.


Title: Re: Buying cheap is best formula
Post by: kryptqnick on March 22, 2023, 06:20:14 PM
Buying low and selling high is a well-known guideline regarding investment, and it doesn't matter how much you can afford to invest to start doing it. Some may say that it's already too late right now because the price was around $20k just recently and is more than $28k now but that's one way to look at it. Sure, maybe the price will fall again. But even the current price is just 40% from the ATH and Bitcoin tends to not just reach the previous ATH but surpass it with each new bull market. So the price is still pretty good and the op is right that the profit can easily double after some time.


Title: Re: Buying cheap is best formula
Post by: The Cryptovator on March 22, 2023, 06:20:25 PM
As a newcomer to the world of Bitcoin, there is a significant amount of information you must acquire. During times when Bitcoin's value is declining, few are interested in purchasing it. However, as Bitcoin's value begins to rise, a flurry of threads emerge inquiring about the best time to buy. Many people become anxious during market downturns and assume that further losses are imminent. Despite this, many individuals still plan to purchase Bitcoin during future dips. Nonetheless, it is difficult to predict market trends with certainty. Consequently, my personal strategy is to invest whenever I believe it is an opportune moment to do so, regardless of whether the market is experiencing a dip. Regardless of the sum invested, it is essential to hold onto your assets for an extended period of time. By continuing to invest, you will eventually see a return on your investment.


Title: Re: Buying cheap is best formula
Post by: KaliLinux on March 22, 2023, 06:21:25 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Buying cheap and selling high is the real formula of Bitcoin. There is no doubt about this, but there is always some kind of difficulty in knowing where exactly is the low price in order to buy cheap.
And also it is not always easy to know where there is the highest price in order to sell and make profits.
Some people will still not sell their bitcoin even when they make X10 and they will believe that bitcoin will explode the more. In the process of waiting it may begin to decline in price.
However, I am not very sure that bitcoin will increase in the next three months to the level of doubling or tripling.


In investing, buy low sell high is the general formula, not just bitcoin, this formula can be applied to all financial markets. But you're right, it's extremely difficult to pinpoint where the low price to buy is, and there's no guarantee that bitcoin will continue to double over the next 3 months. The effective way to get a return on investment in bitcoin is a long-term investment and DCA every time we have money, by long-term accumulation and holding, we will get the best return. Don't wait for the lowest price to buy because we won't know until it's past.
I agree and I also believe this is the mistake some people make investing in Bitcoin. You know some people must have thought that Bitcoin was going to dip further when the price dropped to $15k+ and might have the money to buy but thought it wouldn't go down further and here we are.
DCA is the best way to go but also if the price has fallen really low like it did the last time, you can buy since your intention is to hold for a long time.




Title: Re: Buying cheap is best formula
Post by: kamvreto on March 22, 2023, 07:09:35 PM
As a newcomer to the world of Bitcoin, there is a significant amount of information you must acquire. During times when Bitcoin's value is declining, few are interested in purchasing it. However, as Bitcoin's value begins to rise, a flurry of threads emerge inquiring about the best time to buy. Many people become anxious during market downturns and assume that further losses are imminent. Despite this, many individuals still plan to purchase Bitcoin during future dips. Nonetheless, it is difficult to predict market trends with certainty. Consequently, my personal strategy is to invest whenever I believe it is an opportune moment to do so, regardless of whether the market is experiencing a dip. Regardless of the sum invested, it is essential to hold onto your assets for an extended period of time. By continuing to invest, you will eventually see a return on your investment.

Long term investment will be better and will not interfere with psychology. Whenever you want to buy bitcoins it's your own decision and when the decline continues, I believe that it is the best opportunity to start buying gradually. Some people who don't believe and are afraid that bitcoin will continue to fall, they don't have any strategy. I am more inclined to do DCA to add bitcoin assets so that there are more and more accumulated prices. Market trends are indeed difficult to predict, but when someone has TA and FA knowledge it will be more profitable, can predict where to buy and what target to achieve. It only takes time and patience to get the benefits or reach the target we want.


Title: Re: Buying cheap is best formula
Post by: Oasisman on March 22, 2023, 09:09:07 PM
Buying low and selling high is a well-known guideline regarding investment, and it doesn't matter how much you can afford to invest to start doing it. Some may say that it's already too late right now because the price was around $20k just recently and is more than $28k now but that's one way to look at it. Sure, maybe the price will fall again. But even the current price is just 40% from the ATH and Bitcoin tends to not just reach the previous ATH but surpass it with each new bull market. So the price is still pretty good and the op is right that the profit can easily double after some time.

This is something difficult to understand for the newbies and even those who have been in Bitcoin for quite some time but only want the hype and the "get rich overnight" kind of mentality.
I've seen many people who's always saying that Bitcoin's price are too high now and it's too late to invest. This has been always the narrative since Bitcoin touched the $1k mark for the first time.
This is also the same reason why some are having a hard time in "buying low and selling high".


Title: Re: Buying cheap is best formula
Post by: passwordnow on March 22, 2023, 09:17:14 PM
In my opinion, It is not always accurate to say that buying cheap is always the best formula. My reasoning is because the value of any asset can fluctuate based on various factors such as market demand, supply and overall economic conditions.
But it is the most desired time to buy when it's cheap. You'll maximize the potential profit that you may get if you started from the bottom and the cheapest price that bitcoin has ever can. However, it's unknown when the cheapest price would be and you've got to decide whether if the cheap price is actually cheap for you. But true to that, the price varies and fluctuates a lot and if you're not confident that you'll fetch the lowest and cheapest price then you have to do the strategy which is very common today which is dollar-cost averaging.


Title: Re: Buying cheap is best formula
Post by: TribalBob on March 22, 2023, 09:27:05 PM
Buying btc doesn't have to be in large quantities right away if we only have mediocre finances, just buy a few cents from bitcoin when we have more money after a long time and the accumulated can reach 1 btc or even more.
and it is workable in any conditions if buying in cents not 1/2 btc .
but it is true that if we are going to buy in bulk it is better to buy it when the market is down


Title: Re: Buying cheap is best formula
Post by: MarjorieZimmermanGinger on March 22, 2023, 10:04:23 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
That is why bitcoin is considered a very profitable long-term investment and you can choose according to your ability to carry out the investment, basically buying bitcoins can be done at any time, as long as you understand investment patterns, both in cheap conditions and when the price goes up and most importantly the amount the authorized capital will affect the profits we get.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Mathematical calculations in bitcoin investment are not like that because no one knows price fluctuations, certain periods people take a short term approach for small profits with a standard amount of capital, but you can run long term to get far more maximum profits.


Title: Re: Buying cheap is best formula
Post by: milewilda on March 22, 2023, 10:12:01 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
We've seen those good times which we do know that it is really that something that we can say that it does really have potential.It had made out several huge jumps that we didnt ever expect for it to happen.
This is why its not really that shocking that it did really get that main community support because of the possibilities and opportunities on making profits on holding for long term.
Of course we would really be needing to buy cheap if we are intending to make profits and sell it out when it is already that gaining or increasing from your entry point.
Selling decision could neither be done on short term or long ones.


Title: Re: Buying cheap is best formula
Post by: bettercrypto on March 22, 2023, 11:17:32 PM
In these instances buying cheap altcoins that have potential and are also included in the top market is a good start to buy now if you know their market value has dropped.

      Buying cheap is really a good way as long as you know what coins you are going to buy, you should know why you are buying it not only because it is cheap but for other reasons that you have to consider in the coins you choose or will choose.


Title: Re: Buying cheap is best formula
Post by: bosede1 on March 23, 2023, 02:53:13 AM
As a good investor is it good to always buy when there is a dump in the price of bitcoin, but  I will say anytime you enter the market is a good time to buy because you don't know if the price would have doubled the price you have then if you decide to wait.


Title: Re: Buying cheap is best formula
Post by: Sebas.tian on March 23, 2023, 03:18:06 AM
Don't wait till you get the big money before you can invest in Bitcoin OP, you can use that small amount of money you have now to invest and have something good to achieve when the price pump higher in the market. Buy cheap is one of the advantage many potential investors used to harvest huge amount of income from their investments, because it allow them to concentrate in the market price to know when to release the coins for sale. I think, there is a big hope for those that purchased Bitcoin early this year because the price has increased to $27,435 which is a sign that bullish market is about to take place.


Title: Re: Buying cheap is best formula
Post by: andriarto on March 23, 2023, 04:03:18 AM
Don't wait till you get the big money before you can invest in Bitcoin OP, you can use that small amount of money you have now to invest and have something good to achieve when the price pump higher in the market. Buy cheap is one of the advantage many potential investors used to harvest huge amount of income from their investments, because it allow them to concentrate in the market price to know when to release the coins for sale. I think, there is a big hope for those that purchased Bitcoin early this year because the price has increased to $27,435 which is a sign that bullish market is about to take place.
if most people have the same thought, that the bullish season will come soon, then this is the right time to start buying it, and of course if it is done simultaneously it will have a positive impact, and the current price is still good to buy because it is relatively cheap , considering that there is no half of the price at the previous high. so that when the bulls come and form a new AT, we will get big profits


Title: Re: Buying cheap is best formula
Post by: traderethereum on March 23, 2023, 10:35:29 AM
As a good investor is it good to always buy when there is a dump in the price of bitcoin, but  I will say anytime you enter the market is a good time to buy because you don't know if the price would have doubled the price you have then if you decide to wait.
Although it would be a good way to buy bitcoins, it is better to buy them when a correction is coming because you can buy them at a lower price.
Maybe we will find it difficult to find the lowest price because we don't know when the correction will come and what is the lowest price of bitcoin.
But we can try to buy bitcoin when the price decreases for a low price.
And the important thing is don't panic if the bitcoin price changes in price at any time.


Title: Re: Buying cheap is best formula
Post by: imamb on March 23, 2023, 02:14:18 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
~snip~

Anything that we buy for cheap is the best thing that we can do with our money, it's never too late to buy crypto especially Bitcoin. We always try to buy crypto as cheaply as we can but while we're waiting we already miss the train that we never get that price again in the future. Keep accumulating while the price is in discount and hold for the long term don't ever easily get FUD from other people.
when bitcoin is above our mental confused to choose to enter or wait for the end to miss the moment again. it's true that as long as there is hope, use it as much as possible with an organized management. for me, don't invest directly in the money you have, but buy in stages so that something can be anticipated and not miss important moments


Title: Re: Buying cheap is best formula
Post by: Sterbens on March 23, 2023, 03:35:17 PM
when bitcoin is above our mental confused to choose to enter or wait for the end to miss the moment again. it's true that as long as there is hope, use it as much as possible with an organized management. for me, don't invest directly in the money you have, but buy in stages so that something can be anticipated and not miss important moments
Yes, it's very confusing, I've felt in this position, when the price has gone up, sometimes I often feel nervous between selling it now or holding it for the long term and getting bigger profits.
Facing fear in making decisions.

There are several sources who say that in the next few months bitcoin will increase quite high, this can convince me a little to hold it and get the right moment.


Title: Re: Buying cheap is best formula
Post by: valsy on March 23, 2023, 05:25:21 PM
OP, it's great that you're interested in investing in bitcoin. However, I would caution against assuming that past performance will necessarily predict future results. While there may be trends in the market, there are always unforeseen factors that can impact the value of cryptocurrencies. It's important to consider the risks and benefits of investing in any asset.

If you're comfortable with the potential risks and feel that bitcoin aligns with your investment strategy, then go for it! But just remember, investing in bitcoin can be a rollercoaster ride.  :)

Wow, that's some good info right there


Title: Re: Buying cheap is best formula
Post by: GideonGono on March 23, 2023, 05:37:33 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Yes the best formula is to buy at cheap price, but the problem is when and how much is the cheap price.
But as much as I believe that the price would go high there is no guarantee that it would really happen, just because of the past events we couldn't be sure that the history would repeat itself.


Title: Re: Buying cheap is best formula
Post by: imamb on March 23, 2023, 06:44:02 PM
when bitcoin is above our mental confused to choose to enter or wait for the end to miss the moment again. it's true that as long as there is hope, use it as much as possible with an organized management. for me, don't invest directly in the money you have, but buy in stages so that something can be anticipated and not miss important moments
Yes, it's very confusing, I've felt in this position, when the price has gone up, sometimes I often feel nervous between selling it now or holding it for the long term and getting bigger profits.
Facing fear in making decisions.

There are several sources who say that in the next few months bitcoin will increase quite high, this can convince me a little to hold it and get the right moment.
looks like bitcoin can't touch to 10k anymore. and I think it's true that holding bitcoin from now on is better, than missing a historical moment again. support continues to flow positive news about bitcoin makes me more confident. I hope this year there will be another moment like in 2022


Title: Re: Buying cheap is best formula
Post by: Falconer on March 23, 2023, 07:02:34 PM
Yes the best formula is to buy at cheap price, but the problem is when and how much is the cheap price.
But as much as I believe that the price would go high there is no guarantee that it would really happen, just because of the past events we couldn't be sure that the history would repeat itself.
There are no guarantees about historical repeatability, but you can always expect the price to be profitable in the long term.
You can imagine the simplest thing like buying bitcoin during 2022 for around $16k and comparing it to the current price. Although it is always possible to get the price to drop lower than your entry price at one time, but in the long run I believe you can still make a profit.

The most realistic thing to think about is to identify your investment risks. Don't be afraid, you should be able to consider the risk as much as possible instead of doubting its potential in the long term.


Title: Re: Buying cheap is best formula
Post by: Japinat on March 23, 2023, 07:22:52 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

How sure are you that bitcoin's price will indeed double in the next three months? That's just impossible and if that happens which is really unlikely, that's just a mere coincidence because nobody as in nobody can actually predict the bitcoin's price in a given time frame because nobody literally knows what would happen in the future. Now, if you hear that from any so-called experts then you should just have to forget that because they are just like us, making a mere speculation with no guarantees that it will actually happen.


Title: Re: Buying cheap is best formula
Post by: samcoin on March 23, 2023, 07:36:25 PM
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

The Bitcoin bear market synchronized this time with a very bad financial crisis in the USA, which means the chances of making profit buying Bitcoin is even bigger. What happens in the USA is ridiculous and maybe no one knows where things are going, or if the government would be able to solve these challenges without printing more money, which means additional value for Bitcoin in USD terms. Therefore, I agree with everyone who would like to buy Bitcoin now, but when it comes to price predictions, I don't think Bitcoin will double in price in the next three months, as this thing looks way far and there're many hurdles to overcome before it reaches that price. Bitcoin might be able to reach 34k in the coming weeks, no more than that, in my opinion, although I have a good amount and hope to see much higher prices.


Title: Re: Buying cheap is best formula
Post by: RealMalatesta on March 23, 2023, 08:49:53 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Most people forget that you do not make money while selling, you make money from buying. Imagine this, you buy a house which worths 500k dollars but you buy it for 200k because it is in ruins, the roof is leaking, the floors creaking, the inside is trashed, the bathroom is crashed and all of that.

You spend another 50k and wait for 6 months to fix all of that, so the total for you becomes 250k, and then suddenly you got the house back to what its worth at 500k. This isn't unheard of, people do this kind of business as well. The same is with bitcoin, luna happens, ftx happens, binance gets fud, fed increases rates, but then if you wait long enough, all of that gets better and bitcoin goes up.


Title: Re: Buying cheap is best formula
Post by: Quidat on March 23, 2023, 09:13:15 PM
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

The Bitcoin bear market synchronized this time with a very bad financial crisis in the USA, which means the chances of making profit buying Bitcoin is even bigger. What happens in the USA is ridiculous and maybe no one knows where things are going, or if the government would be able to solve these challenges without printing more money, which means additional value for Bitcoin in USD terms. Therefore, I agree with everyone who would like to buy Bitcoin now, but when it comes to price predictions, I don't think Bitcoin will double in price in the next three months, as this thing looks way far and there're many hurdles to overcome before it reaches that price. Bitcoin might be able to reach 34k in the coming weeks, no more than that, in my opinion, although I have a good amount and hope to see much higher prices.
We do even have that $1M per btc in 90 days which is really that absurd, im not saying that it cant be possible but its really that impossible for a short time. ;D
If we do consider and look out on how market do make a move and been affected by lots of factors then it would really be that hard on reaching out which it is really that impossible.
Buying cheap is the best formula? Of course  and we dont really have no choice considering that we do deal on this market to make profits which it would be
understandable on where we should really be focusing in.


Title: Re: Buying cheap is best formula
Post by: kawetsriyanto on March 23, 2023, 09:30:30 PM
Any price lower than $68,789.63 is cheap because you're not buying at ATH :D
Cheap or expensive is an individual perception, there is no definite measure.
Someone can say it is cheap because of a certain view, other people can say it is expensive because they view another reason.
Expensive isn't a must above $68k (ATH), it depends on viewing that price from what side.

There's a high chance we will see bull run on the next year or two years, so be sure you're accumulating Bitcoin when the price is still cheap right now.
Sure. If we consider 4 years cycle, 2024-2025 is a time for bullrun.
So, we must collect as many as Bitcoin and good altcoins during this bearish season.



Title: Re: Buying cheap is best formula
Post by: nurilham on March 23, 2023, 09:58:23 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
In this case, the key is being more patient and without panic. Once you panic, you will be lost.  Because as we know that Bitcoin market will not be the same. There must be several times dropping, experiencing market corrections, and also getting many FUD. In this situation, not many people are patient with this. And then leaving Bitcoin because of the loss. Whereas we actually understand that we will be lost if we sell the BTC at a lower price. But if we are still holding, we still own the BTC and we still have high hope for the future.



Title: Re: Buying cheap is best formula
Post by: Mauser on March 25, 2023, 06:51:50 AM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

Buying cheap and selling when it's expensive is the way how we make money in trading. The question is if the bitcoin price around 27-28,000 USD is really cheap or not at the moment. Last year the price was definitely cheaper. It's good to be optimistic, but I am more cautious about the next 3 months. What is the rational behind your prediction that the price is going to double in such a short period of time? The collapse of 2-3 banks seems to be a good motivation to go into crypto currencies, but in case of bigger banks starting to tumble things could get messy and lead to another almost financial system collapse like in 2008. If you have money right now then buying some bitcoins is a good idea, especially if you are convinced prices are going to double. You could also consider spreading out your purchases a bit and see if there will be another crash.


Title: Re: Buying cheap is best formula
Post by: Ayers on March 25, 2023, 08:22:35 AM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

Buying cheap and selling when it's expensive is the way how we make money in trading. The question is if the bitcoin price around 27-28,000 USD is really cheap or not at the moment. Last year the price was definitely cheaper. It's good to be optimistic, but I am more cautious about the next 3 months. What is the rational behind your prediction that the price is going to double in such a short period of time? The collapse of 2-3 banks seems to be a good motivation to go into crypto currencies, but in case of bigger banks starting to tumble things could get messy and lead to another almost financial system collapse like in 2008. If you have money right now then buying some bitcoins is a good idea, especially if you are convinced prices are going to double. You could also consider spreading out your purchases a bit and see if there will be another crash.


If it's a long-term investment and you have confidence in the future of bitcoin, and compared to the old ATH, then $27k is still a cheap price to accumulate. Each bitcoin period will have a different price, we can't compare the price now with the price of 15k last year, if that compares, bitcoin in 2018 is only 3k...
The collapse of banks is not a good thing because it causes a recession and will affect our incomes and lives, which is not necessarily good for cryptocurrencies. I don't expect more banks to fail just because of the expectation that the bitcoin price will rise.


Title: Re: Buying cheap is best formula
Post by: Nrcewker on March 25, 2023, 08:32:35 AM
Who said to buy bitcoins when you have plenty of money to afford them? If you have little or less money, you can also buy a smaller portion of the bitcoin. You, yourself, only said that these coins are valuable, so if you don’t buy at regular intervals and plan to buy at a time a larger portion of the coin, then comparatively you will be making less profits. So the best strategy will be to buy the coins as many as you can, irrespective of the price. As Bitcoins are limited in number, they will become more valuable and rare in the future. 


Title: Re: Buying cheap is best formula
Post by: KiaKia on March 25, 2023, 09:32:06 AM
If you plan to be in crypto space for years then you are already planning to hold for long term, so someone like you can buy Bitcoin at any price because we are still in a bear market, the present value of Bitcoin is still good for long term accumulation, buy what you can per week or month, by April the price might be lower or higher but there is no way to know, and if you fail to buy thinking that value will be lower in April and it goes higher you will keep missing good chances to accumulate.

It is good to also create buying orders on exchanges because you might be sleeping when Bitcoin value start dumping, I have created buying orders around 19k, 20k, and 22k on exchanges like huobi and Bitget so I don't have to keep watching the value every time, I can go any where I feel like without having to check my laptop to buy at a price.


Title: Re: Buying cheap is best formula
Post by: ektotanes on March 25, 2023, 11:28:23 AM
Unfortunately, Bitcoin is not as predictable as you think. Anything can happen and its price will fall again.

I think it's better to buy as much as you can afford every week/month and accumulate that way.


Title: Re: Buying cheap is best formula
Post by: Sweetbtc on March 25, 2023, 11:52:21 AM
Quote
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

There is no doubt that buying BTC at its current price can be very profitable for the future. Because after every bear season, the bull season starts and there will be a bull season of 2024 -25  in which the price of BTC can go above 100k.Investing in Bitcoin also requires a good amount of capital. But there is no doubt that investing in Bitcoin can prove to be very profitable in the future. Currently, Bitcoin is the king of all cryptocurrencies. bitcoin is considered to be the most secure cryptocurrency.The purpose of holding any cryptocurrency is to sell it when it reaches its high value and buy it again when it comes down.Because whoever did not sell BTC at $67,000 proved to be a wrong decision.


Title: Re: Buying cheap is best formula
Post by: nimogsm on March 25, 2023, 06:45:59 PM
The price of BTC is unlikely to double in the next 3 months. Well-known analysts predict reaching and fixing at $30k by the middle or end of the year.
But you should still buy some BTC at any time if you’re so optimistic.
I think many people understand this even without analysts.Now there are not many signals for the entire market to sharply start growing and doubling.I'm afraid the situation in the world is still not the best and indeed every week something happens from which even the price of Bitcoin systematically reacts.


Title: Re: Buying cheap is best formula
Post by: Cryptomiles1 on March 25, 2023, 10:17:37 PM
This period do not encourage trading or investment

Then what do you encourage?
Buying and hold where would you classify it?
Buying and hold is what we called investment the ability for you to buy and wait whenever the price increases is what we consider as an investment, alternatively if you buy and hold for about 4 months or 1 year that is where we can say you set your investment target, while those who buys and hold for years can consider it as long term investment. Otherwise you wanna tell me the best is scalping which involves selling in every little changes in the market.


Title: Re: Buying cheap is best formula
Post by: Fivestar4everMVP on March 25, 2023, 10:26:00 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
You said it will double the current price with confidence as though it is something that is certain.

Yeah, everybody is expecting another circle of bull run by 2024, which is also the year the next bitcoin halving will be happening, it is almost like a guarantee that in every bitcoin halving year, there must be a bull run, but like I said before, this is not something we should be so certain about, if you are buying bitcoin, do it wisely, remember, only invest  with spare money, and one you can afford to lose, just incase things don't happen as predicted.


Title: Re: Buying cheap is best formula
Post by: Aanuoluwatofunmi on March 25, 2023, 10:50:43 PM
We do have many people interested on investing on bitcoin but they don't know how to set a good buying formula for their advantage, hence ut is very important to learn how to trade bitcoin and adopt a means of buying as well if interested on holding it for a long time, we have one of the best formula which is DCA method, it is very good to make use of this while buying because it avoid excessive accumulation in other to reduce the rate to loss percentage after buying.


Title: Re: Buying cheap is best formula
Post by: DiMarxist on March 25, 2023, 10:57:15 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
In my discovery the bear market does not favour only for Investors but also the signature campaign participants, when the bear very low the pay in BTC is high and when the price has increased then you sell it as high price. But if the price of bitcoin which is the bull market and you are paid as a campaign participants the amount of bitcoin would be small. So most campaign participants like the bear market for some times before going up of the price.

Investors are most likely more happy when the price is low because they buy at that time and sell and the bull market. So it is good for them as well.


Title: Re: Buying cheap is best formula
Post by: nullama on March 25, 2023, 11:14:27 PM
~snip~
In my discovery the bear market does not favour only for Investors but also the signature campaign participants, when the bear very low the pay in BTC is high and when the price has increased then you sell it as high price. But if the price of bitcoin which is the bull market and you are paid as a campaign participants the amount of bitcoin would be small. So most campaign participants like the bear market for some times before going up of the price.

Investors are most likely more happy when the price is low because they buy at that time and sell and the bull market. So it is good for them as well.

At the end of the day the lowest price of Bitcoin will continue to move up over time.

As long as you keep buying or earning it and saving it, you should be alright in the long term. It doesn't matter too much if you bought at the top, just look at the top prices a decade ago.


Title: Re: Buying cheap is best formula
Post by: mv1986 on March 25, 2023, 11:18:55 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
You said it will double the current price with confidence as though it is something that is certain.

Yeah, everybody is expecting another circle of bull run by 2024, which is also the year the next bitcoin halving will be happening, it is almost like a guarantee that in every bitcoin halving year, there must be a bull run, but like I said before, this is not something we should be so certain about, if you are buying bitcoin, do it wisely, remember, only invest  with spare money, and one you can afford to lose, just incase things don't happen as predicted.

The halving isn't guarantee for a bull run in the sense that one could exactly predict when the price is about to break out because the date can roughly be anticipated for the halving. It is very possible that the halving is priced in way before the actual halving happens. It is priced in in anticipation of the halving anyway, but who can tell when that moment happened and whether it referred to the halving or not? When Bitcoin was younger, the halving also had much more impact, at least psychologically. In terms of price I would have to look up what the halving's impact was on miners and others. But dropping from 50 to 25 Bitcoin per block is of course different from a drop from 25 to 12.5 and so on. In terms of Bitcoin based inflation rate, the impact declines.

Buying cheap is the best formula is a weird title for the thread :P First, formula for what? Well, everyone can guess that. But then, what is "cheap"? I guess you can only tell retrospectively huh? So how to apply a formula when you don't know the values for your variables?


Title: Re: Buying cheap is best formula
Post by: Alphabit on March 26, 2023, 05:43:24 AM
OP, it's great that you're interested in investing in bitcoin. However, I would caution against assuming that past performance will necessarily predict future results. While there may be trends in the market, there are always unforeseen factors that can impact the value of cryptocurrencies. It's important to consider the risks and benefits of investing in any asset.

If you're comfortable with the potential risks and feel that bitcoin aligns with your investment strategy, then go for it! But just remember, investing in bitcoin can be a rollercoaster ride.  :)

I second that, it is a rollercoasting on the loose! Merely staking, should not just be your only investment strategy. Have a short-term in that portfolio as well.


Title: Re: Buying cheap is best formula
Post by: AmoreJaz on March 26, 2023, 06:16:02 AM
We do have many people interested on investing on bitcoin but they don't know how to set a good buying formula for their advantage, hence ut is very important to learn how to trade bitcoin and adopt a means of buying as well if interested on holding it for a long time, we have one of the best formula which is DCA method, it is very good to make use of this while buying because it avoid excessive accumulation in other to reduce the rate to loss percentage after buying.

in addition to that, if your aim is long-term, it means the money that you will be using for investment won't be used anytime soon. because if you will have emergency needs and you need to cash out, there's possibility that you will sell it at a loss, which is lower than your buying price. so it is not about how much you can accumulate when the price is down but you also need to consider your possible immediate needs of funds. because that will affect your decision when it come to selling your coins.


Title: Re: Buying cheap is best formula
Post by: stadus on March 26, 2023, 08:03:47 AM
We do have many people interested on investing on bitcoin but they don't know how to set a good buying formula for their advantage, hence ut is very important to learn how to trade bitcoin and adopt a means of buying as well if interested on holding it for a long time, we have one of the best formula which is DCA method, it is very good to make use of this while buying because it avoid excessive accumulation in other to reduce the rate to loss percentage after buying.

in addition to that, if your aim is long-term, it means the money that you will be using for investment won't be used anytime soon. because if you will have emergency needs and you need to cash out, there's possibility that you will sell it at a loss, which is lower than your buying price. so it is not about how much you can accumulate when the price is down but you also need to consider your possible immediate needs of funds. because that will affect your decision when it come to selling your coins.
Besides, investing is not just we keep on buying altcoins during the dip but also it matters on the allocated funds. Setting percentage allocation for investment purposes should be a part of our investment plan and we have to keep that limitation. Exceeding is not a good option, however, it can be considered if we still have excess money that can we add to our allocated funds which we think will never affect us even though there is an emergency happening to us. In general, we should have to create a concrete plan that must be followed as possible.


Title: Re: Buying cheap is best formula
Post by: Wildwest on March 26, 2023, 11:25:58 AM
Buying Bitcoin when the price is still cheap is a long thing for us to wait, but if now is the right time to buy then use this opportunity to invest as best as possible because for the future we will definitely feel big profits and this has often happened, and for investors who have large capital then now they have collected as much Bitcoin as possible, And they can always take advantage of it when the decline of bitcoin occurs, so those of us who already know bitcoin should never waste this opportunity to become successful people.


Title: Re: Buying cheap is best formula
Post by: ringgo96 on March 26, 2023, 12:54:37 PM
Indeed this is a strategy that investors use to invest in Bitcoin, and they are ready to take risks if they experience losses, when the price of Bitcoin is like today we have capital, it never hurts to buy some Bitcoin because big profits are waiting for us, and this will indeed happen and many predict this year Bitcoin will again surprise us all, So make the most of this opportunity.


Title: Re: Buying cheap is best formula
Post by: BTCBroker2016 on March 26, 2023, 03:22:35 PM
The best formula is diversification and not wasting all your money, keep it 10% of your income


Title: Re: Buying cheap is best formula
Post by: peter0425 on March 27, 2023, 12:51:12 AM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
nice comment and indeed it was being said for the last 12 years that bitcoin is perfect for long term holding and that is what we need now, imagine that the price is just ranging to 28k when the previous ATH is more than double of the price now?
Quote
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
you can do whatever you want in your money but that is something you cannot tell others to follow you.

and where did you get that "Next 3 months it will double the price"? are you something like a future teller?
The best formula is diversification and not wasting all your money, keep it 10% of your income
the best strategy we can act for our money to stay strong and safety.


Title: Re: Buying cheap is best formula
Post by: Gladitorcomeback on March 27, 2023, 07:48:38 AM
yes it is a good formula that buying low and sell high because it will increase your profit and reduce the chances of losses. But for this activity you should  keep eyes on price chart and price evaluation and one cannot realize the price in advance but by comparing the past value and the present value one can get the results about the investment.

Now the price is about 28k$ so its not lower as the people think and not everyone can buy bitcoin at this price so I will suggest that for the better investment strategy keep your eye on cost as the cost slightly reduces then hold some bitcoin.

My opinion is that at what price you buy bitcoin you will get profit because year by year bitcoin rises more than the previous year.


Title: Re: Buying cheap is best formula
Post by: Inwestour on March 27, 2023, 08:55:18 AM
Now the price is about 28k$ so its not lower as the people think and not everyone can buy bitcoin at this price so I will suggest that for the better investment strategy keep your eye on cost as the cost slightly reduces then hold some bitcoin.

My opinion is that at what price you buy bitcoin you will get profit because year by year bitcoin rises more than the previous year.
Yes, the price has almost doubled when looking at the values of the last bottom, but it is still an acceptable price to buy. The price is significant, but the advantage of bitcoin is that we can buy it in parts, not necessarily buying it in its entirety. My guess is that there may be a correction now and perhaps it will be prolonged, but this may give us the opportunity for even more bitcoin at a good price.


Title: Re: Buying cheap is best formula
Post by: Z390 on March 27, 2023, 09:49:39 AM
Yes buying low is the best formula in the crypto space but it doesn't ends there, many people buy bitcoin for a cheap price and they have a problem holding the coin before the time ripe for a sell, they got tired of holding and they sold, you need to prepare yourself mentally to achieve the dream that many holders have achieved years ago while holding bitcoin, believe when I say, it's never going to be easy, that's why those who don't have extra source of income have no business with bitcoin HODL, even if they try they will fail.


Title: Re: Buying cheap is best formula
Post by: CryptoBuds on March 27, 2023, 10:04:25 AM
Now the price is about 28k$ so its not lower as the people think and not everyone can buy bitcoin at this price so I will suggest that for the better investment strategy keep your eye on cost as the cost slightly reduces then hold some bitcoin.

My opinion is that at what price you buy bitcoin you will get profit because year by year bitcoin rises more than the previous year.
Yes, the price has almost doubled when looking at the values of the last bottom, but it is still an acceptable price to buy. The price is significant, but the advantage of bitcoin is that we can buy it in parts, not necessarily buying it in its entirety. My guess is that there may be a correction now and perhaps it will be prolonged, but this may give us the opportunity for even more bitcoin at a good price.

But what if your prediction doesn't come true? There is no guarantee bitcoin will correct from now on, so I think we should buy now, and as you said, we can buy it in parts.
DCA is still the perfect solution in all situations, as we cannot predict the future, bitcoin is up 40% since the bottom, so we think a correction is understandable, but no guarantees. $28k is a high price compared to the $15k bottom, but it's still a very low price compared to the old ATH. Don't let bitcoin to 35k-40k just start buying, the market always has surprises, it never moves according to our predictions.


Title: Re: Buying cheap is best formula
Post by: karmamiu on March 27, 2023, 10:54:58 AM
I don't really understand people sometimes. You always wanted to buy when it's cheap, when was the last time it was cheap? As far as I can remember when I first learned about investments few years ago, that is the first thing they told me which is to buy when the price dips down, and how far the price went since the first person told me that? If I were to say, there is no correct or exact timing when will the price go down so you could restock or buy the dip.

Better to buy whenever you have extra money rather than regretting not buying earlier.


Title: Re: Buying cheap is best formula
Post by: nullama on March 27, 2023, 01:28:04 PM
I don't really understand people sometimes. You always wanted to buy when it's cheap, when was the last time it was cheap? As far as I can remember when I first learned about investments few years ago, that is the first thing they told me which is to buy when the price dips down, and how far the price went since the first person told me that? If I were to say, there is no correct or exact timing when will the price go down so you could restock or buy the dip.

Better to buy whenever you have extra money rather than regretting not buying earlier.

The thing is that cheap is relative.

What is cheap?, $1?, $100, $10,000?, it has already passed those levels already so are they cheap really?, maybe it will always be cheap compared to a future value.


Title: Re: Buying cheap is best formula
Post by: Minor Miner on March 27, 2023, 01:46:09 PM
I don't really understand people sometimes. You always wanted to buy when it's cheap, when was the last time it was cheap? As far as I can remember when I first learned about investments few years ago, that is the first thing they told me which is to buy when the price dips down, and how far the price went since the first person told me that? If I were to say, there is no correct or exact timing when will the price go down so you could restock or buy the dip.

Better to buy whenever you have extra money rather than regretting not buying earlier.

I agree with this statement, I also don't know how cheap one wants. When bitcoin dropped to $15k last year, people were still waiting for a cheaper price to buy, and now bitcoin is at $28k, and people still say they wait for bitcoin to drop to buy cheaper. It's really hard to understand what other people are thinking and wanting.
Bitcoin is a long-term investment, and to me, cheap is the lower price I will sell. My goal is to sell bitcoin for 150k, so as long as bitcoin is below 150k, I will buy whenever I have money.


Title: Re: Buying cheap is best formula
Post by: RockBell on March 27, 2023, 04:49:15 PM
When it comes to purchasing, some people have a lot of doubts and still claim that bitcoin is a scam. However, even though there are risks involved in investing in bitcoin, there are also benefits. However, since everyone is free to form their own opinions, the best strategy is to buy cheaply and gradually build up your holdings until your goal is reached because it is very expensive to buy one bitcoin at once. that is for some individuals doh they are people that can afford more than one bitcoin but everyone knows what they are capable of or what they can afford.


Title: Re: Buying cheap is best formula
Post by: WatChe on March 27, 2023, 05:16:25 PM
When it comes to purchasing, some people have a lot of doubts and still claim that bitcoin is a scam. However, even though there are risks involved in investing in bitcoin, there are also benefits. However, since everyone is free to form their own opinions, the best strategy is to buy cheaply and gradually build up your holdings until your goal is reached because it is very expensive to buy one bitcoin at once. that is for some individuals doh they are people that can afford more than one bitcoin but everyone knows what they are capable of or what they can afford.

It's not possible for everyone these days to buy a complete bitcoin and it's not advisable to invest 27k$ at one price of bitcoin. Rather it's best to invest slowly in DCA manner. Of course we can't ignore the risks involved in bitcoin and anyone who can't bear the risk of bitcoin must not come close to bitcoin. I do agree with your point that one must afford as much as he can afford to lose. Since its a risky investment there is no need to invest all your savings in bitcoin.


Title: Re: Buying cheap is best formula
Post by: m2017 on March 27, 2023, 05:31:07 PM
I don't really understand people sometimes. You always wanted to buy when it's cheap, when was the last time it was cheap? As far as I can remember when I first learned about investments few years ago, that is the first thing they told me which is to buy when the price dips down, and how far the price went since the first person told me that? If I were to say, there is no correct or exact timing when will the price go down so you could restock or buy the dip.

Better to buy whenever you have extra money rather than regretting not buying earlier.
It was cheap when you didn't know about investing in bitcoin. Here's an ironic paradox. :)

We always want to buy cheaper and sell more expensive, as OP advises. In practice, it is difficult to guess with this and it is unreasonable to expect the best price for buying and selling. As for me, this is how you should buy at the first opportunity that has fallen out and, in the same way, sell if it makes a profit. You need to proceed from your expectations, goals and strategy.


Title: Re: Buying cheap is best formula
Post by: nullama on March 27, 2023, 10:27:19 PM
~snip~
We always want to buy cheaper and sell more expensive, as OP advises. In practice, it is difficult to guess with this and it is unreasonable to expect the best price for buying and selling. As for me, this is how you should buy at the first opportunity that has fallen out and, in the same way, sell if it makes a profit. You need to proceed from your expectations, goals and strategy.

I see Bitcoin more of a great savings account.

The more you wait to use your funds, the better value you'll get. Just keep saving all the time until you need it.

If you did the same with fiat, say in Argentina, after 10 or so years you literally would have 1% of the purchasing power.


Title: Re: Buying cheap is best formula
Post by: Baofeng on March 27, 2023, 11:47:42 PM
~snip~
We always want to buy cheaper and sell more expensive, as OP advises. In practice, it is difficult to guess with this and it is unreasonable to expect the best price for buying and selling. As for me, this is how you should buy at the first opportunity that has fallen out and, in the same way, sell if it makes a profit. You need to proceed from your expectations, goals and strategy.

I see Bitcoin more of a great savings account.

The more you wait to use your funds, the better value you'll get. Just keep saving all the time until you need it.

If you did the same with fiat, say in Argentina, after 10 or so years you literally would have 1% of the purchasing power.

Yeah, more of a store of value. And it's about the timing of getting in, we have been blessed so many times, specially for none early birds to purchase when the price is cheap at $4k during the pandemic. And it could be the same fate around November last year when the price is $15,500. So we must say that they have the same similarities now and we might not see that price range to buy in the future. So it's really up to us to take advantage when the price is very cheap as it might not present itself and that opportunity is gone for good. It doesn't mean that you will need to buy 1 BTC because for the majority of us, it's impossible. What we need to or learn is to slowly save and continue to stack sats as many as we can throughout our bitcoin journey.


Title: Re: Buying cheap is best formula
Post by: AmoreJaz on March 27, 2023, 11:48:24 PM
I don't really understand people sometimes. You always wanted to buy when it's cheap, when was the last time it was cheap? As far as I can remember when I first learned about investments few years ago, that is the first thing they told me which is to buy when the price dips down, and how far the price went since the first person told me that? If I were to say, there is no correct or exact timing when will the price go down so you could restock or buy the dip.

Better to buy whenever you have extra money rather than regretting not buying earlier.
It was cheap when you didn't know about investing in bitcoin. Here's an ironic paradox. :)

We always want to buy cheaper and sell more expensive, as OP advises. In practice, it is difficult to guess with this and it is unreasonable to expect the best price for buying and selling. As for me, this is how you should buy at the first opportunity that has fallen out and, in the same way, sell if it makes a profit. You need to proceed from your expectations, goals and strategy.

you will only rely your instincts on this matter. as no one can precisely predict the future, you will only base your decision from its history. you can also get insights on various threads of discussions but it doesn't mean, you need to follow them, but will give you enlightenment on certain matters.
also, buying cheap may be true to btc, but when it comes to other alts, you will likely be screwed as most of them will continuously to go down without the hope of reviving their market price. but when you buy btc, you should also make sure that it is not your last money as you may end up selling it below your buying price if you have urgent needs.


Title: Re: Buying cheap is best formula
Post by: seoincorporation on March 27, 2023, 11:48:45 PM
Buy cheap is the right way to profit, but we need to make from the time our friend, because if we want to make a lot of profit in a couple of days that will not happen, If we buy today maybe tomorrow will not be cheap, but if we see in 10 years for sure we would say "$27.7k was cheap as hell".

The cheap factors come with longer periods of time, and patience is the key to success in any investment, not only in crypto.

If I ask to you, is $27k cheap? the answer should be in function of the time.


Title: Re: Buying cheap is best formula
Post by: landheer on March 28, 2023, 01:19:38 AM
buying bitcoin at a cheap price is the best formula, and now the price of bitcoin is starting to slowly fall and now is the right time to buy bitcoin, and it would be even better to use the dca system in every purchase.

and you op said in 3 months said btc price will be 2 times.
Do you have proof ?


Title: Re: Buying cheap is best formula
Post by: EarnOnVictor on March 28, 2023, 07:03:08 AM
I don't really understand people sometimes. You always wanted to buy when it's cheap, when was the last time it was cheap? As far as I can remember when I first learned about investments few years ago, that is the first thing they told me which is to buy when the price dips down, and how far the price went since the first person told me that? If I were to say, there is no correct or exact timing when will the price go down so you could restock or buy the dip.

Better to buy whenever you have extra money rather than regretting not buying earlier.
It was cheap when you didn't know about investing in bitcoin. Here's an ironic paradox. :)

We always want to buy cheaper and sell more expensive, as OP advises. In practice, it is difficult to guess with this and it is unreasonable to expect the best price for buying and selling. As for me, this is how you should buy at the first opportunity that has fallen out and, in the same way, sell if it makes a profit. You need to proceed from your expectations, goals and strategy.

you will only rely your instincts on this matter. as no one can precisely predict the future, you will only base your decision from its history. you can also get insights on various threads of discussions but it doesn't mean, you need to follow them, but will give you enlightenment on certain matters.
also, buying cheap may be true to btc, but when it comes to other alts, you will likely be screwed as most of them will continuously to go down without the hope of reviving their market price. but when you buy btc, you should also make sure that it is not your last money as you may end up selling it below your buying price if you have urgent needs.
Frankly, being a good speculator and knowing the market psychology are the best approaches to knowing the right time to invest and devest in Bitcoin. If you are such that would want to hold the coin, it's so good to be patient and invest at lower prices, just like the time it was at about $16K this year.  Above all, ensure that you know how to read the high technical charts with good indicators and other combined strategies. These are the way that the medium and long-term trends would be revealed, and the investor would have a rest of mind in holding their positions.


Title: Re: Buying cheap is best formula
Post by: Marshall Chord on March 28, 2023, 09:18:58 AM
Based on how the market is going right now, investing in Bitcoin could be a good idea.


Title: Re: Buying cheap is best formula
Post by: LastKiss on March 28, 2023, 09:22:57 AM
buying bitcoin at a cheap price is the best formula, and now the price of bitcoin is starting to slowly fall and now is the right time to buy bitcoin, and it would be even better to use the dca system in every purchase.

and you op said in 3 months said btc price will be 2 times.
Do you have proof ?

Its more like a little correction I guess before another pump, many people are aware of recent news so they won't hurry to put their money in Bitcoin. I guess the reason why Bitcoin will double the price in 3 months is because The FED will be slowing its interest rate hike in the upcoming months.


Title: Re: Buying cheap is best formula
Post by: Godday on March 28, 2023, 12:07:41 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

I can't say it will always happen in the same period every year.  The price has doubled because back then the price of BTC was not as high as it is today.  Going from $1,000 to $2,000 is reasonable.  Going from $25,000 to $50,000 is a tall order and nearly impossible in three months.  I need a good reason why btc can double.  Or maybe I don't see the current market development?  But one thing I have known is, the trading market is unpredictable.  Everything can happen as a result of manipulation.  And what we can do in between is speculate based on history, not take patterns from history.


Title: Re: Buying cheap is best formula
Post by: speedy963 on March 28, 2023, 12:38:26 PM
I don't really understand people sometimes. You always wanted to buy when it's cheap, when was the last time it was cheap? As far as I can remember when I first learned about investments few years ago, that is the first thing they told me which is to buy when the price dips down, and how far the price went since the first person told me that? If I were to say, there is no correct or exact timing when will the price go down so you could restock or buy the dip.

Better to buy whenever you have extra money rather than regretting not buying earlier.
It was cheap when you didn't know about investing in bitcoin. Here's an ironic paradox. :)

We always want to buy cheaper and sell more expensive, as OP advises. In practice, it is difficult to guess with this and it is unreasonable to expect the best price for buying and selling. As for me, this is how you should buy at the first opportunity that has fallen out and, in the same way, sell if it makes a profit. You need to proceed from your expectations, goals and strategy.

you will only rely your instincts on this matter. as no one can precisely predict the future, you will only base your decision from its history. you can also get insights on various threads of discussions but it doesn't mean, you need to follow them, but will give you enlightenment on certain matters.
also, buying cheap may be true to btc, but when it comes to other alts, you will likely be screwed as most of them will continuously to go down without the hope of reviving their market price. but when you buy btc, you should also make sure that it is not your last money as you may end up selling it below your buying price if you have urgent needs.
Frankly, being a good speculator and knowing the market psychology are the best approaches to knowing the right time to invest and devest in Bitcoin. If you are such that would want to hold the coin, it's so good to be patient and invest at lower prices, just like the time it was at about $16K this year.  Above all, ensure that you know how to read the high technical charts with good indicators and other combined strategies. These are the way that the medium and long-term trends would be revealed, and the investor would have a rest of mind in holding their positions.
Most veterans would never forget to tell you that it is still risky diving on the trading markets. When I was new to investing and still on the process of learning bitcoin, I was always being reminded to only risk the amount I could afford to buy and they would also tell me buy when the price goes down, but as time goes by, I have personally realized that there is no exact timing about the cheap price coz as time went on like you've said you'll only realized that the price back then is so cheap taht you will wish you could have buy more.


Title: Re: Buying cheap is best formula
Post by: jostorres on March 28, 2023, 03:53:09 PM
When it comes to purchasing, some people have a lot of doubts and still claim that bitcoin is a scam. However, even though there are risks involved in investing in bitcoin, there are also benefits. However, since everyone is free to form their own opinions, the best strategy is to buy cheaply and gradually build up your holdings until your goal is reached because it is very expensive to buy one bitcoin at once. that is for some individuals doh they are people that can afford more than one bitcoin but everyone knows what they are capable of or what they can afford.
There were many reasons why they call it a scam. One is maybe these people invested their money on a third party in which Bitcoin is involved but it collapsed. The second is they invest on their own but they found out that their portfolio have declined a lot and maybe until now it haven't recovered yet. There's still a way for their thoughts to be corrected.

If we knew these type of people all we can do is to educate them if what are the right ways and mindset. Formula must not be alone but it must have a companion, and that is we need to partner our buying with hodling. This is the best formula so far to be successful in bitcoin investing.


Title: Re: Buying cheap is best formula
Post by: Rockstarguy on March 28, 2023, 08:03:51 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Buying Bitcoin when the price goes down is always good, it is an opportunity that may not take place for awhile. Buying Bitcoin when the price is down is the easiest way for those who are not financially alright to buy the amount they can afford and hodl till when the price get higher.  If you are determined to always buy bitcoin and hodl it will be of good benefit for you in time coming.

No lose in bitcoin if only you can have patience to always wait,  bitcoin is the best and most valuable decentralized currency to invest. Just the amount you can afford as you wish to .


Title: Re: Buying cheap is best formula
Post by: gocryptoz on March 28, 2023, 09:01:44 PM
actually you can make a lot of money if you know how to trade if you buy and hold it will take you forever to make profit
and there's no guarantee the bitcoin price will move up and its so volatile.


Title: Re: Buying cheap is best formula
Post by: Yatsan on March 28, 2023, 11:55:55 PM
Investing is easy as long as you have the fund but staying would be the hardest part. Buying when the price is still low is obviously a good thing to do but wuestion is for how long an investor would be able to endure market price declines given how volatile the market is. Some were pushed to sell halfway because of emergency and other necessities. It is for sure easy to say "invest only an amount you can afford kosing" but in reality, its application would be difficult. Everyone wants to earn profit and is the main goal of why people invested in the first place. For sure looking on negative tendencies would be hard for an investor, and that is just a normal response.

This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

No lose in bitcoin if only you can have patience to always wait,  bitcoin is the best and most valuable decentralized currency to invest. Just the amount you can afford as you wish to .
Waiting is not that easy especially if you are an investor who just 'gambled' your fate through investment hoping for huge returns while being worried of needing the money you have invested, in an instant. Not only patience but also capability.


Title: Re: Buying cheap is best formula
Post by: Bitcoin_people on March 29, 2023, 01:02:02 AM
~snip~
Bitcoin was as cheap as it was in the past but it is not so cheap now. And if you are thinking of investing half bitcoin then you can invest. As much as I believe Bitcoin will not go back to where it was before but it is very cheap to catch where the market is currently. Because the Bitcoin market will grow more in the future, I think the current position of the market is a good time to invest. And if you invest in this market, you definitely try to hold Bitcoin for a long time. The price of Bitcoin is currently $27000+ but everyone thinks that the price of Bitcoin will reach $100,000 in the next year.


Title: Re: Buying cheap is best formula
Post by: nullama on March 29, 2023, 05:42:40 AM
buying bitcoin at a cheap price is the best formula, and now the price of bitcoin is starting to slowly fall and now is the right time to buy bitcoin, and it would be even better to use the dca system in every purchase.

and you op said in 3 months said btc price will be 2 times.
Do you have proof ?

I think the best is to simply buy more Bitcoin as frequently as you can, and then whenever you need the funds, you should be able to get them. Bitcoin will still be there for you.


Title: Re: Buying cheap is best formula
Post by: .gustafson on March 29, 2023, 05:45:09 AM
I'm not sure about the price doubling in just three months, but I do believe in the long-term potential of Bitcoin.


Title: Re: Buying cheap is best formula
Post by: Ahli38 on March 29, 2023, 06:31:46 AM
well of course everyone wants to buy when it's cheap and sell when it's up and reaches the profit target. but for some people there are those who think the current price is still expensive and there are some who think it is already cheap. this depends on the type of trade being made. but because I've always looked at bitcoin only for the long term. so I don't really care at what price I accumulate bitcoin at this time. I just keep collecting it every week from the profit money that I set aside and from the signature campaign. the DCA strategy for the long term is the best for me.


Title: Re: Buying cheap is best formula
Post by: jokers10 on March 29, 2023, 09:54:47 AM
Most veterans would never forget to tell you that it is still risky diving on the trading markets. When I was new to investing and still on the process of learning bitcoin, I was always being reminded to only risk the amount I could afford to buy and they would also tell me buy when the price goes down, but as time goes by, I have personally realized that there is no exact timing about the cheap price coz as time went on like you've said you'll only realized that the price back then is so cheap taht you will wish you could have buy more.

When you realize something by yourself you take all responsibility for your decisions. You can still lose but you understand it and don't panic. If someone came to crypto and bought bitcoin at a local high and then sees that it goes down and them sells it in panic — it is better to inform a newbie that both trading and investing is still risky. The less people will lose with bitcoin investing the faster and deeper will adoption of bitcoin go. The more people will see benefits and advantages bitcoin gives them the more benefits bitcoin will give us all.


Title: Re: Buying cheap is best formula
Post by: SOKO-DEKE on March 29, 2023, 10:55:26 AM
Everyone wants to acquire Bitcoin when its price is falling because the price at which you buy something and the price at which you sell it will decide the profit you make. Buying Bitcoin cheaply doesn't guarantee you'll make a lot of money, but rather how patient you can be to hold onto your Bitcoin as the price rises higher. This is the best way to increase your income in the cryptocurrency market. You cannot compare those who purchased Bitcoin at a price of $15k and later sold it at $45k with those who purchased it at a price of $10k when it was cheap and sold it when the price of per Bitcoin was at $15k. So the best way is buying cheap and selling higher. As for me i accumulate Bitcoin at anytime but price always determined when i plan to sell.


Title: Re: Buying cheap is best formula
Post by: tjtonmoy on March 29, 2023, 12:09:58 PM
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Every 4 years, there's a thing called bitcoin halving. You can see the timer here :Bitcoin Halving (https://www.coinwarz.com/mining/bitcoin/halving)
So yes every 4 years, there's a chance for the Bitcoin to pump and if you have the will to hold it for a long term, then yes, you will make a good profit. And if you involve yourself in trading, that's a good way to earn some profits as well. But this approach is risky, as every cryptocurrency has the nature for being volatile.
Investing in the bear market is the best approach if you don't want to take that much risk. So good decision. And you missed year 2021 when BTC hit $69k+ making a new ATH. In year 2024 we can see another one again. Finger crossed.


Title: Re: Buying cheap is best formula
Post by: inthelongrun on March 29, 2023, 12:19:46 PM
Buying cheap is obviously the formula to gain profit and value, not just in bitcoin but in everything in the market. The question is, how cheap is cheap to you? How confident are you to catch the dip? The best way to do this is thru cost averaging. After years of experience in trading and investing, I realized that it is mission impossible to catch the dippest and the highest prices. So we should be more contented with every gain we have no matter the amount.

I am into DCA on bitcoin and so far so good. And if ever it will go down just like last year, it doesn't matter because I can buy cheaper and it helps my purchase cost a little lower.


Title: Re: Buying cheap is best formula
Post by: Rupok on March 29, 2023, 01:15:05 PM
It is a good decision if you are interested in investing in Bitcoin. Unlike other coin investments, Bitcoin investment is risk-free, so you don't have to wait until the price of Bitcoin drops and becomes cheaper because now is actually the time to buy.Hopefully Bitcoin is going to pump in 2023. But Bitcoin may not only go up. You must be patient in this case.You decide to invest for a long period of time so that you get very good profits.If you don't buy cheap time then you won't get good profit later.So the best investment opportunity is to buy cheap.


Title: Re: Buying cheap is best formula
Post by: goldkingcoiner on March 29, 2023, 01:25:54 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

Obviously buying cheap is the way to go with any investment but I think that you do not really capture the essence of the problem here. What is cheap? Without knowing future prices, we have absolutely no frame of reference for "cheap". So we buy at we think or hope to be cheap.

Furthermore you should be careful about things like "in next three months it will double the current price". You have no possible way of knowing that. It could double or triple in the next week. And you would never be able to predict it.

It might also takes half a year or a year for it to double. Maybe longer.

Giving such predictions is setting up yourself and others for failure and emotional selling because you are sowing a seed of impossible hope in your/someone else's mind with such detailed predictions.


Title: Re: Buying cheap is best formula
Post by: alexkut987 on March 29, 2023, 01:46:50 PM
It is important to keep in mind that trading and investing always carry some level of risk, and the current market conditions can have a significant impact on the outcome of any investment decisions. While it may be tempting to view a down market as an opportunity to buy low and potentially gain when prices rise, there is no guarantee that this will happen, and it is important to carefully consider all factors before making any investment decisions.


Title: Re: Buying cheap is best formula
Post by: leonair on March 29, 2023, 03:53:43 PM
You don't need to wait to be able to afford half of a Bitcoin, buy as much sats as you can afford now based on your income and repeat that at regular intervals.
Rather than giving financial advice and making repeated threads, you should focus on improving your knowledge on how Bitcoin works, this would put you in a better financial position.
When one waits for a low in bitcoin price how can one be sure which price will be the lowest low price of bitcoin at that time.  And how can a person decide which rate is the most dip? So following DCA I think is the best formula. And also one should invest as much as one can afford so that if its price goes down too much, then it will not suffer any big loss. Yes buying bitcoin at low price is always a good idea but predicting the lowest price accurately is not a very easy task.  It requires a great skill of market analysis which not everyone has so I think only DCA is the best formula to invest in Bitcoin for everyone.

It is important to keep in mind that trading and investing always carry some level of risk, and the current market conditions can have a significant impact on the outcome of any investment decisions. While it may be tempting to view a down market as an opportunity to buy low and potentially gain when prices rise, there is no guarantee that this will happen, and it is important to carefully consider all factors before making any investment decisions.
Anyone who has a good understanding of how Bitcoin works knows that investing in other cryptocurrencies, including Bitcoin, is risky.  Which a bitcoin investor must accept. And investing in Bitcoin carries high risks as well.  So is the possibility of higher profits is also soo big. So if you want to achieve something big, you must take risks


Title: Re: Buying cheap is best formula
Post by: WatChe on March 29, 2023, 04:32:46 PM
Buying cheap is obviously the formula to gain profit and value, not just in bitcoin but in everything in the market. The question is, how cheap is cheap to you? How confident are you to catch the dip? The best way to do this is thru cost averaging. After years of experience in trading and investing, I realized that it is mission impossible to catch the dippest and the highest prices. So we should be more contented with every gain we have no matter the amount.

I am into DCA on bitcoin and so far so good. And if ever it will go down just like last year, it doesn't matter because I can buy cheaper and it helps my purchase cost a little lower.

There is no way we can ascertain the lowest or highest. I remember in December 2018 when bitcoin went down to 4000$ then there were news that bitcoin may go down to 1000$ or even to zero. But we all saw Bitcoin making a strong comeback few years after. Month back bitcoin was at 16k and we listen news every now and then that bitcoin may go down to 10k. Having said that it's  best to set a target and start buying as soon as you see that price.
Check out this website to see how much profit you can earn if you adopt DCA strategy https://dcabtc.com/


Title: Re: Buying cheap is best formula
Post by: mendace on March 29, 2023, 05:15:05 PM

Anyone who has a good understanding of how Bitcoin works knows that investing in other cryptocurrencies, including Bitcoin, is risky.  Which a bitcoin investor must accept. And investing in Bitcoin carries high risks as well.  So is the possibility of higher profits is also soo big. So if you want to achieve something big, you must take risks

I don't really agree with what you're saying, first of all we need to clarify that when you decide to buy Bitcoin it's not an investment where you have to expect an economic return, because if this is what you expect you should look elsewhere.  The only wealth that Bitcoin can give you is financial freedom, keep that in mind.


Title: Re: Buying cheap is best formula
Post by: Smartvirus on March 29, 2023, 05:34:14 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it.
Technically, it's not a bad time to buy or engage in some active trading. It all depends on what plans do you have for your investment or trading. Either long term or short term and the approach you use towards this.
Still, the coin price is at a low as the price isn't even upto the mid point when compared with the ATH yet. There are chances that itight go up or fall in few weeks or months but, your plans towards your investment determines your chances of profit or lose.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
How certain you seem to be with this leaves me with some mixed feelings but, following your speculation on a next 5 months, we can have it either way until then in 2024, this makes buying now ideal still and beneficial.


Title: Re: Buying cheap is best formula
Post by: Inwestour on March 29, 2023, 06:08:08 PM
I don't really agree with what you're saying, first of all we need to clarify that when you decide to buy Bitcoin it's not an investment where you have to expect an economic return, because if this is what you expect you should look elsewhere.  The only wealth that Bitcoin can give you is financial freedom, keep that in mind.
This is one of the tools for achieving financial freedom, but it is also a great tool for me to keep my savings from inflation. I understand that many argue that bitcoin is not such because of the high volatility, but for me it is just that.

I have been buying bitcoin for the whole of 2022, and I can say that all my funds that I invested during this period are already well protected from inflation, in addition, they will be a great investment, because I am sure that during the bull market they will bring me excellent profits.


Title: Re: Buying cheap is best formula
Post by: alik111 on March 29, 2023, 06:42:08 PM
Buying cheap is always the best formula in crypto trading. If you buy at a lower price and hold it until it pumps you may gain a huge profit in a very short time. I always try to follow this rules in my every trading or investment and I set a lower buying price and when market dumps it automatically fills up.


Title: Re: Buying cheap is best formula
Post by: StarKay on March 29, 2023, 06:50:37 PM
I opened the post to see you formula for buying BTC cheap but I was disappointed because the OP didn't provide a formula but instead made a forecast that was based on historical data that have proven overtime to be unreliable.
The best time to buy Bitcoin was 11 years ago and the second best time to buy it is now.


Title: Re: Buying cheap is best formula
Post by: mendace on March 29, 2023, 07:46:40 PM

This is one of the tools for achieving financial freedom, but it is also a great tool for me to keep my savings from inflation. I understand that many argue that bitcoin is not such because of the high volatility, but for me it is just that.

I have been buying bitcoin for the whole of 2022, and I can say that all my funds that I invested during this period are already well protected from inflation, in addition, they will be a great investment, because I am sure that during the bull market they will bring me excellent profits.

Bitcoin is inflationary by nature so you don't have to worry about that, while it is wrong to think about the big gains it will bring because there will be no gains if you look at it from another perspective.  You look too much and often the speculative side instead you should focus on other aspects.  It's ridiculous to think that 1BTC=???USD why?


Title: Re: Buying cheap is best formula
Post by: pawel7777 on March 29, 2023, 09:55:18 PM

Anyone who has a good understanding of how Bitcoin works knows that investing in other cryptocurrencies, including Bitcoin, is risky.  Which a bitcoin investor must accept. And investing in Bitcoin carries high risks as well.  So is the possibility of higher profits is also soo big. So if you want to achieve something big, you must take risks

I don't really agree with what you're saying, first of all we need to clarify that when you decide to buy Bitcoin it's not an investment where you have to expect an economic return, because if this is what you expect you should look elsewhere.  The only wealth that Bitcoin can give you is financial freedom, keep that in mind.

If, by buying bitcoins, you don't expect a financial return, then what are you buying it for exactly? What do you mean by financial freedom and how are you going to achieve that if Bitcoin stays where it is price-wise or drops significantly?

You're not just throwing empty phrases around, are you?


Title: Re: Buying cheap is best formula
Post by: mendace on March 29, 2023, 10:00:10 PM

Anyone who has a good understanding of how Bitcoin works knows that investing in other cryptocurrencies, including Bitcoin, is risky.  Which a bitcoin investor must accept. And investing in Bitcoin carries high risks as well.  So is the possibility of higher profits is also soo big. So if you want to achieve something big, you must take risks

I don't really agree with what you're saying, first of all we need to clarify that when you decide to buy Bitcoin it's not an investment where you have to expect an economic return, because if this is what you expect you should look elsewhere.  The only wealth that Bitcoin can give you is financial freedom, keep that in mind.

If, by buying bitcoins, you don't expect a financial return, then what are you buying it for exactly? What do you mean by financial freedom and how are you going to achieve that if Bitcoin stays where it is price-wise or drops significantly?

You're not just throwing empty phrases around, are you?

Do you think they are empty sentences?  My choice towards Bitcoin is not focused on an economic return, I don't expect to have put 10 and get 1000 back but rather as Nakamoto writes this is a form of peer to peer payment and you have to conceptually disengage yourself from the counter value towards Fiat.  What you can achieve with Bitcoin is far beyond its value today, but this philosophy needs to be assimilated over time.


Title: Re: Buying cheap is best formula
Post by: nullama on March 30, 2023, 02:19:38 AM
~snip~
Do you think they are empty sentences?  My choice towards Bitcoin is not focused on an economic return, I don't expect to have put 10 and get 1000 back but rather as Nakamoto writes this is a form of peer to peer payment and you have to conceptually disengage yourself from the counter value towards Fiat.  What you can achieve with Bitcoin is far beyond its value today, but this philosophy needs to be assimilated over time.

Having savings in Bitcoin is absolutely great. Even if the price remains the same.

You have access to your funds 24/7.

You can move any amount, any time. Banks usually start blocking your accounts when the amounts are slightly larger than a few hundred dollars.

Plus they take forever to transfer from one bank to another country.

Bitcoin is freedom. And because it's so useful, many people want to have it, so the value will go up.


Title: Re: Buying cheap is best formula
Post by: Gallar on March 30, 2023, 02:53:56 AM
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
if you want to invest in bitcoin, don't wait to have big money first, because in my opinion if you keep waiting to have big enough money to buy bitcoin, chances are that the price of bitcoin will also continue to rise. better invest the money you have, the important thing is the money you invest is cold money. moreover, you also know that bitcoin opportunities are sure to continue to increase every year.

the point is don't wait too long to invest in bitcoin, don't be too pushy, let alone borrow money from a bank to invest in bitcoin. because you have to remember that investing in bitcoin is better in the long term, whereas if you borrow from a bank, you have to pay monthly installments, so it will definitely be very troublesome.

Invest with the money you have, not with the money you borrow.


Title: Re: Buying cheap is best formula
Post by: Natalim on March 30, 2023, 04:33:52 AM
Buying cheap is obviously the formula to gain profit and value, not just in bitcoin but in everything in the market. The question is, how cheap is cheap to you? How confident are you to catch the dip? The best way to do this is thru cost averaging. After years of experience in trading and investing, I realized that it is mission impossible to catch the dippest and the highest prices. So we should be more contented with every gain we have no matter the amount.

I am into DCA on bitcoin and so far so good. And if ever it will go down just like last year, it doesn't matter because I can buy cheaper and it helps my purchase cost a little lower.

There is no way we can ascertain the lowest or highest. I remember in December 2018 when bitcoin went down to 4000$ then there were news that bitcoin may go down to 1000$ or even to zero. But we all saw Bitcoin making a strong comeback few years after. Month back bitcoin was at 16k and we listen news every now and then that bitcoin may go down to 10k. Having said that it's  best to set a target and start buying as soon as you see that price.
Check out this website to see how much profit you can earn if you adopt DCA strategy https://dcabtc.com/
Well, at least using this strategy "buy during the dip" even without the target price, you are still safe. Because we know that we can't predict the market and have no way to know when it drops but considering the thing about buying in every dip, I was certain that it works fine. And it now matters to us if we will buy or wait for the next drop but I was sure that strategy works so well.
Anyways, DCA is known to everyone - in fact, I applied this even during the market. The most important is that we know what we are doing and are consistent on it.


Title: Re: Buying cheap is best formula
Post by: rhodelmabanal on March 30, 2023, 06:24:34 AM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
I think we need to buy before its too late im full of regrets because i also one of the newbies who afraid of investing in crypto, untill i read some message that says no one will loss if they don't sell at loss and i think this saying is true, if we buy bitcoin in 2017 we have a lot of downtrend from year 2018 to 2020 until btc rise up to 60k$ in year 2021 if im not mistaken, so if we still hold that time very big profit are really waiting.


Title: Re: Buying cheap is best formula
Post by: nur rochid on March 30, 2023, 06:50:49 AM
it takes courage to buy at a low price, because not everyone has the same thought, many people are afraid to buy, or wait for the price to drop back and buy it. therefore we must have a strategy that must be adhered to to make a purchase map, so that every drop in the area that has been planned we can buy it in stages, that way we will also get the best price in purchasing, so we just have to wait for it to fly according to the target we have set specify


Title: Re: Buying cheap is best formula
Post by: ancafe on March 30, 2023, 07:17:43 AM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
Always profitable to hold Bitcoin in the long run and most people will definitely take advantage of low price conditions to make purchases. But there is no need to wait for the right time to buy half of Bitcoin, because you can use sats on purchases by compensating the money you have on the amount you can.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
It's good for you to do, but not because of the consideration that bitoin will double in the next three months, but the opportunity to see opportunities and take advantage of Bitcoin conditions to reach a new price in the following year.

So that the investment we run can provide maximum benefits and also do not forget to consider the risks that will be produced from investment.


Title: Re: Buying cheap is best formula
Post by: Rigon on March 30, 2023, 07:29:33 AM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
Current time is suitable for trading or investing. If we look at the market conditions, we can see that the way the market fluctuates can lead to success in every trade. At this time, you should always keep in mind that when the market is dumping, you should buy cheaply. Be it investment or trading. But there will always be an eye on Bitcoin. Bitcoin investment is risky but safe for all of us. However, it is still a good time to buy and invest in Bitcoin. Those who could not invest from the dumping market still have ample opportunity to invest.
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Those who have bought and invested in bitcoins in this cheap market will be able to make a lot of money from their investments in the next three months. Actually I missed this cheap market because my investment is from high market. Now just waiting for the recovery. But I believe Bitcoin will definitely rise in the next three months. Bilaji Srinivasan bets that Bitcoin will be worth $1 million in the next three months. He said and bet with sure. Are we really going to cross $1 million in the next three months? What do you think?


Title: Re: Buying cheap is best formula
Post by: Asuspawer09 on March 30, 2023, 08:09:46 AM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

I mean that is what we all believed that bitcoin will surely go to skyrocket in the Bullrun and this is the best time to purchase bitcoin since the market price is still low and there is still a lot of room for profit in the future. But it still that guarantee that bitcoin will reach a certain price in the market or even break its latest All time high, I mean there are always so many factors that could easily affect the market price of bitcoin and for example, a war that might affect the price so there is always a big risk on investing on it.

Also in investing in the bear market your gonna need a lot of funds since it just means that you're investing for the long term and if you don't have enough funds to sustain your self you might just end up selling your bitcoin in an unfair price in the market so I suggest to always invest only a small percentage of your money.

One of the best ways as well is  dollar-cost averaging  (https://bitpay.com/blog/dollar-cost-averaging-crypto/#:~:text=What%20is%20dollar%2Dcost%20averaging,large%20or%20irregular%20crypto%20buys.) to minimize the risk of your bitcoin investments.



Title: Re: Buying cheap is best formula
Post by: bangjoe on March 30, 2023, 09:27:33 AM
To be honest, the cheapest price was at the end of 2022 around the $15k price level, but yes, that was when everyone was screaming because the prices were going down more extreme than usual so not many saw an opportunity at that time. I would probably get close to 90% return on investment today if I had bought back then.


Anyone who has a good understanding of how Bitcoin works knows that investing in other cryptocurrencies, including Bitcoin, is risky.  Which a bitcoin investor must accept. And investing in Bitcoin carries high risks as well.  So is the possibility of higher profits is also soo big. So if you want to achieve something big, you must take risks

I don't really agree with what you're saying, first of all we need to clarify that when you decide to buy Bitcoin it's not an investment where you have to expect an economic return, because if this is what you expect you should look elsewhere.  The only wealth that Bitcoin can give you is financial freedom, keep that in mind.

In depending on the references of each, I think in this context there is nothing wrong, but you have to see which boat you are using in using bitcoin. I think there's nothing wrong with seeing bitcoin as a source of profit and there's nothing wrong with thinking about bitcoin as a hedge or financial freedom, I think it's all true but depending on where you look at it so it's not debatable.


Title: Re: Buying cheap is best formula
Post by: Lorence.xD on June 24, 2023, 02:54:43 PM
To be honest, the cheapest price was at the end of 2022 around the $15k price level, but yes, that was when everyone was screaming because the prices were going down more extreme than usual so not many saw an opportunity at that time. I would probably get close to 90% return on investment today if I had bought back then.


Anyone who has a good understanding of how Bitcoin works knows that investing in other cryptocurrencies, including Bitcoin, is risky.  Which a bitcoin investor must accept. And investing in Bitcoin carries high risks as well.  So is the possibility of higher profits is also soo big. So if you want to achieve something big, you must take risks

I don't really agree with what you're saying, first of all we need to clarify that when you decide to buy Bitcoin it's not an investment where you have to expect an economic return, because if this is what you expect you should look elsewhere.  The only wealth that Bitcoin can give you is financial freedom, keep that in mind.

In depending on the references of each, I think in this context there is nothing wrong, but you have to see which boat you are using in using bitcoin. I think there's nothing wrong with seeing bitcoin as a source of profit and there's nothing wrong with thinking about bitcoin as a hedge or financial freedom, I think it's all true but depending on where you look at it so it's not debatable.

Yes, it really depends on how a person describe Bitcoin based on their perspective and experiences. If they profited a lot in Bitcoin and called it as a source of profit and some planning to have a long term investment from it so in the future they could have a financial freedom. Bitcoin could really gives a lot of opportunity to the people on how they manage it. But let's not sugar coat it and be biased on Bitcoin there would be a risk involved and won't avoid the losses in the process.


Title: Re: Buying cheap is best formula
Post by: taufik123 on June 24, 2023, 03:39:23 PM
Yes, it really depends on how a person describe Bitcoin based on their perspective and experiences. If they profited a lot in Bitcoin and called it as a source of profit and some planning to have a long term investment from it so in the future they could have a financial freedom. Bitcoin could really gives a lot of opportunity to the people on how they manage it. But let's not sugar coat it and be biased on Bitcoin there would be a risk involved and won't avoid the losses in the process.
Sometimes someone is too complacent about Bitcoin so they ignore the risks that will occur.
These risks can make them turn around and stay away from Bitcoin. When at first they always had a good view of Bitcoin, they changed drastically when they experienced problems and some losses due to a lack of knowledge on Bitcoin investment.

Covering up risks will only make things worse. All investment instruments even have risks including Bitcoin as a decentralized digital currency which has higher risks.
In fact, I always tell everyone that Bitcoin is more risky than anything else, but it will also provide benefits for those who are serious.


Title: Re: Buying cheap is best formula
Post by: GiftedMAN on June 24, 2023, 05:27:20 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Your words sounds like sarcasm in a way that makes you look like you didn't really know the meaning of investment in cryptocurrency. For you to buy coin at a cheaper price and sell it when the price goes up is a form of investment in case your don't know. Investment is of various ways and if you don't want to trade Bitcoin or other coins, you can buy crypto at cheaper price and sell at higher price. The difference I price is how we make money in trading or investment. There are other ways too we can make money in cryptocurrency and it involves mining, staking etc.


Title: Re: Buying cheap is best formula
Post by: summonerrk on June 24, 2023, 06:05:14 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

The fact is that we see the price chart of the past time.
And because of this, in the present time it is impossible to understand where the price chart of bitcoin or any other cryptocurrency will move later. For example, you see a valuable bottom, and you realize that this was the best time to buy. People watching the price at the time of the formation of this price bottom did not know where the price would go next. You can buy on all the stables. And what's next? And suddenly the price will go even lower. in general, you need to buy and sell Parts of the deposit. Then you will definitely guess everything.


Title: Re: Buying cheap is best formula
Post by: leonair on June 24, 2023, 06:37:10 PM
To be honest, the cheapest price was at the end of 2022 around the $15k price level, but yes, that was when everyone was screaming because the prices were going down more extreme than usual so not many saw an opportunity at that time. I would probably get close to 90% return on investment today if I had bought back then.


Anyone who has a good understanding of how Bitcoin works knows that investing in other cryptocurrencies, including Bitcoin, is risky.  Which a bitcoin investor must accept. And investing in Bitcoin carries high risks as well.  So is the possibility of higher profits is also soo big. So if you want to achieve something big, you must take risks

I don't really agree with what you're saying, first of all we need to clarify that when you decide to buy Bitcoin it's not an investment where you have to expect an economic return, because if this is what you expect you should look elsewhere.  The only wealth that Bitcoin can give you is financial freedom, keep that in mind.

In depending on the references of each, I think in this context there is nothing wrong, but you have to see which boat you are using in using bitcoin. I think there's nothing wrong with seeing bitcoin as a source of profit and there's nothing wrong with thinking about bitcoin as a hedge or financial freedom, I think it's all true but depending on where you look at it so it's not debatable.

Yes, it really depends on how a person describe Bitcoin based on their perspective and experiences. If they profited a lot in Bitcoin and called it as a source of profit and some planning to have a long term investment from it so in the future they could have a financial freedom. Bitcoin could really gives a lot of opportunity to the people on how they manage it. But let's not sugar coat it and be biased on Bitcoin there would be a risk involved and won't avoid the losses in the process.
The best formula to profit from Bitcoin whether it is bought at a cheap price or at a high price is to hold it for a long time. If you want to get good profit there is no substitute for long term hold. But it is possible to earn profit without long term hold, but in this case you have to follow Bitcoin constantly and do day trading. But here the profit will be limited. In this case, OP formula will work that Buying cheap and sell in profit


Title: Re: Buying cheap is best formula
Post by: BD Crypto on June 24, 2023, 07:00:06 PM
The fact is that we see the price chart of the past time.
And because of this, in the present time it is impossible to understand where the price chart of bitcoin or any other cryptocurrency will move later.
It happens because market can be manipulated by the whales and it can be more volatile if any good or bad news arrives. For that period no chart analysis is going to work properly. Because then people are going to buy with FOMO(Fear Of Missing Out) or sell with FUD(Fear, Uncertainty and Doubt).
As this happens we should put stop loss at a lower level of support zone so that we bear a small loss and can invest at more lower price.  

[in general, you need to buy and sell Parts of the deposit. Then you will definitely guess everything.

This is a best idea for having a good avarage price of investment. You can do DCA(Dollar Cost Averaging) which is more essential at this point to invest for long term.


Title: Re: Buying cheap is best formula
Post by: Mate2237 on June 24, 2023, 07:03:51 PM
I don't think there is a specific period for trading and this period is good as well to buy and invest. Now that Bitcoin is still wavering to go up, it is the best time to invest. OP if nothing is lost then why companies fold up and some even removed workers from the companies. There is risk in Bitcoin and with that in the process one might loss coins if care is not taking.

If anyone is buying Bitcoin now and store it for years to come even just two years and if the person buy  and store enough before 2026, the person will make enough benefits from the investment. According to the op topic the best time is now and do not procrastination again, put your dreams I'm action so that you will be smiling when the price finally rise to the peaks.


Title: Re: Buying cheap is best formula
Post by: summonerrk on June 24, 2023, 07:24:47 PM
The fact is that we see the price chart of the past time.
And because of this, in the present time it is impossible to understand where the price chart of bitcoin or any other cryptocurrency will move later.
It happens because market can be manipulated by the whales and it can be more volatile if any good or bad news arrives. For that period no chart analysis is going to work properly. Because then people are going to buy with FOMO(Fear Of Missing Out) or sell with FUD(Fear, Uncertainty and Doubt).
As this happens we should put stop loss at a lower level of support zone so that we bear a small loss and can invest at more lower price.  

True, but not quite accurate. The market sometimes reacts to the news at the moment of its appearance, even if the event described in the news happens later. And sometimes the market reacts to the news only when this event comes according to the calendar and the clock. Market reversals, bottoms and all-time highs come from news and psychology. They are fixed on the chart and support and resistance levels are formed from their repetitions. Which later begin to influence the market themselves.

Quote

[in general, you need to buy and sell Parts of the deposit. Then you will definitely guess everything.

This is a best idea for having a good avarage price of investment. You can do DCA(Dollar Cost Averaging) which is more essential at this point to invest for long term.

Yes, averaging is a great way to consistently make a profit. The feeling of lost profits will not stifle so much.


Title: Re: Buying cheap is best formula
Post by: Ursulachuks on June 24, 2023, 09:10:04 PM
Trading in this particular currency has developed into a tempting side business that contributes to earning additional revenue as a result of growing interest, strict regulatory scrutiny, and conflicting media coverage. However, that does not imply that you should take into account past events as a guarantee for the future. In the meantime, if you believe that Bitcoin fits with your financial philosophy, go for it.


Title: Re: Buying cheap is best formula
Post by: mendace on June 24, 2023, 09:23:29 PM

Yes, it really depends on how a person describe Bitcoin based on their perspective and experiences. If they profited a lot in Bitcoin and called it as a source of profit and some planning to have a long term investment from it so in the future they could have a financial freedom. Bitcoin could really gives a lot of opportunity to the people on how they manage it. But let's not sugar coat it and be biased on Bitcoin there would be a risk involved and won't avoid the losses in the process.

I'm not a maximalist junkie who would judge what you said with disgust but I'm pretty sure that if the goal is to invest in Bitcoin without looking at profit but at financial freedom you can consider it a safe one.  I am convinced that it already works and is making many people free especially the unbanked.


Title: Re: Buying cheap is best formula
Post by: Ico.best on June 24, 2023, 09:33:17 PM
I don't think there is a specific period for trading and this period is good as well to buy and invest. Now that Bitcoin is still wavering to go up, it is the best time to invest. OP if nothing is lost then why companies fold up and some even removed workers from the companies. There is risk in Bitcoin and with that in the process one might loss coins if care is not taking.

If anyone is buying Bitcoin now and store it for years to come even just two years and if the person buy  and store enough before 2026, the person will make enough benefits from the investment. According to the op topic the best time is now and do not procrastination again, put your dreams I'm action so that you will be smiling when the price finally rise to the peaks.

We should also really understand the basic principles of investment, especially in bitcoin. Uncertain price movements and it is still uncertain whether price movements will continue to experience a bearish trend or turn into a bullish one.

Of course there are many things that need to be considered and not all of them are solely thought about the benefits that can be obtained because we are investors who must be aware of all the risks that can occur, even if it's from bitcoin.


Title: Re: Buying cheap is best formula
Post by: serjent05 on June 24, 2023, 10:46:06 PM
I don't think there is a specific period for trading and this period is good as well to buy and invest. Now that Bitcoin is still wavering to go up, it is the best time to invest. OP if nothing is lost then why companies fold up and some even removed workers from the companies. There is risk in Bitcoin and with that in the process one might loss coins if care is not taking.

I think otherwise, trading happens everyday yes but to be effective in trading there are period that is good for buying and period that is good for selling.  Day trader is an exemption to these because they take advantage on price fluctuation.

If anyone is buying Bitcoin now and store it for years to come even just two years and if the person buy  and store enough before 2026, the person will make enough benefits from the investment. According to the op topic the best time is now and do not procrastination again, put your dreams I'm action so that you will be smiling when the price finally rise to the peaks.

So this means there is really a period for buying and selling and one can take the full benefits by setting a specific period when to buy and when to sell.


Title: Re: Buying cheap is best formula
Post by: Dr.Bitcoin_Strange on June 24, 2023, 11:46:08 PM
therefore we must have a strategy that must be adhered to to make a purchase map,

Yes, I agreed to that. About two years ago, when I was very active in trading Bitcoin and other crypto on the CEX, there was this strategy I had. First, I always say to myself, "If you believe in any price, just place your order and forget about it until any day or time it buys or sells." The reason for that was that, for example, if you predict a close price for a coin or token, it will definitely get there. Such strategies have been working for me since then.

For example, if I assume that BTC will drop to $28k and I wish to buy at that price, I will just place the buy order and allow it to run for some time; it could last days, weeks, or a month, but I will never cancel that order until it finally runs. So, I can say that if you want to buy Bitcoin, you could still derive one cool strategy for yourself, but DCA is still what most people are using to invest in Bitcoin now.


Title: Re: Buying cheap is best formula
Post by: Tony116 on June 25, 2023, 12:16:13 AM

Yes, it really depends on how a person describe Bitcoin based on their perspective and experiences. If they profited a lot in Bitcoin and called it as a source of profit and some planning to have a long term investment from it so in the future they could have a financial freedom. Bitcoin could really gives a lot of opportunity to the people on how they manage it. But let's not sugar coat it and be biased on Bitcoin there would be a risk involved and won't avoid the losses in the process.

I'm not a maximalist junkie who would judge what you said with disgust but I'm pretty sure that if the goal is to invest in Bitcoin without looking at profit but at financial freedom you can consider it a safe one.  I am convinced that it already works and is making many people free especially the unbanked.

When it comes to finance means people are looking for profit, and freedom is not something that will be prioritized. If bitcoin were just a currency with no volatility and no profit making, do you think many people would get into it just for the sake of freedom? I believe almost 99% of people invest in bitcoin for the profit it can bring, freedom is just the second factor. How many people come to this market for technology, for freedom, and not for profit? Are you looking at bitcoin as currency?


Title: Re: Buying cheap is best formula
Post by: mvdheuvel1983 on June 25, 2023, 07:42:22 AM
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Buying cheap is the best formula. But what is cheap? I would say that buying right is the best formula. Your formula may work for you, but I do not think it is universally applicable. As it comes with a lot of anxiety. Besides, your idea of bitcoin's price is just a speculative as it is with every other person. Do not mount so much pressure on yourself because of FOMO. I don't know how long you have been in the market but if you have been here long enough you would have heard about Dollar Cost Average strategy which is actually the best out there. You should read up on it.


Title: Re: Buying cheap is best formula
Post by: fuguebtc on June 25, 2023, 10:01:01 AM
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Buying cheap is the best formula. But what is cheap? I would say that buying right is the best formula. Your formula may work for you, but I do not think it is universally applicable. As it comes with a lot of anxiety. Besides, your idea of bitcoin's price is just a speculative as it is with every other person. Do not mount so much pressure on yourself because of FOMO. I don't know how long you have been in the market but if you have been here long enough you would have heard about Dollar Cost Average strategy which is actually the best out there. You should read up on it.

Buying right is the best formula, but what is buying right? I still don't understand what you mean. In my opinion, the best time to buy is whenever you have the money to buy, and the bitcoin price is still lower than the old ATH, especially if we are still in a bear market like now which is for the best. Buy cheap or buy low is what any investor wants, but how do you know the lowest price to buy? No one knows.
In my opinion, the best buying formula is to use DCA, using this strategy, we will never miss any low and will not regret whether the market goes up or down.


Title: Re: Buying cheap is best formula
Post by: xSkylarx on June 25, 2023, 10:08:19 AM

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

You are very positive, which can also lead to losses. I mean, if you bought at the time you posted this, you would have profited around 30–40%, which is also good, but still, it doesn't double your investment. But again, you bought it at a cheap price, which is why it is always best if you can buy anytime and accumulate it because the price keeps increasing. Also, if you still wait until you can afford to buy a whole bitcoin, then for sure the price at that time is higher. It is better to buy it in small amounts than one time.


Title: Re: Buying cheap is best formula
Post by: Inwestour on June 25, 2023, 10:27:36 AM
You are very positive, which can also lead to losses. I mean, if you bought at the time you posted this, you would have profited around 30–40%, which is also good, but still, it doesn't double your investment. But again, you bought it at a cheap price, which is why it is always best if you can buy anytime and accumulate it because the price keeps increasing. Also, if you still wait until you can afford to buy a whole bitcoin, then for sure the price at that time is higher. It is better to buy it in small amounts than one time.
I also think that buying in parts is a more profitable strategy, but it's up to everyone, everyone must decide for himself what is best for him.

You could buy a whole bitcoin when the price was 20k, or you could buy in parts and the average purchase price would be 25k. In some case, the benefit will be better, but in general it can be approximately the same result. It is possible even now to buy one bitcoin at 30k and it will not be the worst investment option, as I believe that this will allow you to get at least x3 in the upcoming bull market. This is a very good potential profit, I do not know what assets can give such a potential profit, for each of us.


Title: Re: Buying cheap is best formula
Post by: YUriy1991 on June 25, 2023, 10:40:13 AM
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

An experience worth applying. You are highly dedicated and committed and able to read where BTC is going. Yes. if we consistently invest in BTC, we never lose, let alone have a strong Hodling mentality.

Yes. Market correction provides more value for long term Investors to add to the weight of their BTC bag and as you said Nothing is lost in bitcoin it even increases if you get in during a fairly high correction in early January 2023 and it is exactly as the title of your post Buying cheap is the best formula at that time.

You don't need to wait to be able to afford half of a Bitcoin, buy as much sats as you can afford now based on your income and repeat that at regular intervals.
Rather than giving financial advice and making repeated threads, you should focus on improving your knowledge on how Bitcoin works, this would put you in a better financial position.

Of course it comes back to the OP. It's not wrong either, but, as much as possible we also have to have an instinct when to enter the market correctly and when to leave, of course, using our own technique in reading. But, I think it's done for short-term traders only, while long-term traders are still waiting for the most realistic price for them to sell.



Title: Re: Buying cheap is best formula
Post by: jerjer on June 25, 2023, 11:20:07 AM
Buying cheap is best formula but searching for best timing is difficult to spot


Title: Re: Buying cheap is best formula
Post by: Woodie on June 25, 2023, 11:32:33 AM
This whole thing of buy low is kind of misunderstood if you think about it, when Bitcoin was priced at $100 ,$400,$10000 we all said the same thing and people still thought it was expensive and didn't invest...now we are back on the same topic of buying cheap now but people still won't jump in because they think it's too high to buy..

But when it comes  to Bitcoin,  it's best to buy whenever you have the opportunity because Bitcoins full potential isn't fully realized.

Buying cheap is best formula but searching for best timing is difficult to spot
You can find the best timing to buy by using technical analysis  on chats otherthan guessing .


Title: Re: Buying cheap is best formula
Post by: umbara ardian on June 25, 2023, 11:48:35 AM
Worrying too much about a problem will make your decisions more chaotic and complicated. So don't put too much importance on waiting for a good price because not everyone is lucky enough to wait and buy at a good price. With your income, you just need to properly allocate investments compared to the price you paid at that time. In addition, you should also need a data sheet for items when investing and have a little more knowledge related to this field. In case the market is not good, you should still have a backup plan. According to the majority of people, DCA is still the most optimal method for investments today.


Title: Re: Buying cheap is best formula
Post by: nullama on June 25, 2023, 03:10:51 PM
Worrying too much about a problem will make your decisions more chaotic and complicated. So don't put too much importance on waiting for a good price because not everyone is lucky enough to wait and buy at a good price. With your income, you just need to properly allocate investments compared to the price you paid at that time. In addition, you should also need a data sheet for items when investing and have a little more knowledge related to this field. In case the market is not good, you should still have a backup plan. According to the majority of people, DCA is still the most optimal method for investments today.

There is simply no way to know if DCA or lump sum is better.

Because basically you cannot predict the price in the future, so you will never be able to know if it was better to lump sump.

One thing to consider is that DCA might have more fees than lump sum.


Title: Re: Buying cheap is best formula
Post by: Maslate on June 25, 2023, 04:28:36 PM
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
What makes you so sure that the price will be doubled in the next three months? It's been 3 months already since you created this thread, yet the price didn't moved and doubled just like the way you expected it to be or at least speculated because from the month of March until today, bitcoin's price has only increased in about more or less $3,200.

But what you said was right because it seems that buying cheap is actually the best formula and as long as you know the right target (coin), then there's a good chance that your assets will double soon enough.


Title: Re: Buying cheap is best formula
Post by: MiF on June 25, 2023, 04:49:32 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
You are right the best formula to earn os to have patience and hold holder is a gainer in crypto based on what we saw in the past, if we are holder we can have many opportunities to have a big profit specially when we are in a bull season and the price is always rising if i also have money i will buy btc now and hold for the future.


Title: Re: Buying cheap is best formula
Post by: Ale88 on June 25, 2023, 05:21:44 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
You started this thread on March 21, bitcoin price that day was approx $28k, now the 3 months have almost passed and BTC price is approx $30,500. Your prediction didn't even get close but considering all the FUD we had in the last months I am super happy to see BTC at the current value, to be honest I would have expected BTC below $30k at this point. For sure Blackrock's spot ETF is playing a big part in the recent pump.


Title: Re: Buying cheap is best formula
Post by: jasonjm on June 25, 2023, 06:16:09 PM
The most important factor is the affordability. Buying cheap is not always a good strategy, and you might lose your money. While for bitcoin, a person should buy it whenever he has the money, regardless of the price. As you can easily calculate the average buying price. Many major investors, like MicroStrategy, have adopted this approach.


Title: Re: Buying cheap is best formula
Post by: landheer on June 26, 2023, 02:29:13 AM
Buying cheap is best formula but searching for best timing is difficult to spot

In my opinion, finding the best time is not difficult and we only take advantage of the price reduction and buy with the DCA system, but if we are interested in investing, we must be prepared for the risks.
sometimes if we just look at the graph, when do we want to buy?
the price of btc is very difficult to predict, so we must be able to strategize and take advantage of the opportunities that exist, so we don't miss the train. but in this case everyone's opinion is different.

so take advantage when there is a price reduction but must be prepared for the risk. If our are not ready to take risks, don't invest.


Title: Re: Buying cheap is best formula
Post by: xSkylarx on June 26, 2023, 02:44:25 AM
Affordability is the most important factor when buying any class of asset. however, opting for the cheapest option may not always guarantee the best outcome. But when it comes to Bitcoin, I believe a person should buy it when he has the money regardless of the price. This way you can easily calculate the average price of purchasing.  Many major investors, like MicroStrategy, have adopted this approach.


That is really the problem of the people or investors. Now let's say they keep waiting on the cheap price, but they can't give them the exact amount of the cheap price, which turns out to be really the cheapest price before it rallies to the ATH, meaning you were left behind because you kept waiting. That is really best if you do have money to invest in it, then it is always the best time to buy, and don't wait for a dip unless you are very knowledgeable about it and you've tried to check the charts to see where the price could drop, and that is where your entry point is.


Title: Re: Buying cheap is best formula
Post by: Latviand on June 26, 2023, 03:03:40 AM
Affordability is the most important factor when buying any class of asset. however, opting for the cheapest option may not always guarantee the best outcome. But when it comes to Bitcoin, I believe a person should buy it when he has the money regardless of the price. This way you can easily calculate the average price of purchasing.  Many major investors, like MicroStrategy, have adopted this approach.

Affordability being the most important factor is debatable because it's different for each person although you can always base your affordability on the previous price vs the current price of bitcoin. I think that the most important factor is probably time because you really can't wait for the price to go down, especially if you are new to bitcoin, you need to get in no matter the price is because you're going to either wait for the right price to go in which might never come or you get in when the price is going up and end up buying at peak then waiting for a profit but end up getting stuck because the market entered the bearish season so you end up frustrated and sell at a loss if you aren't patient.


Title: Re: Buying cheap is best formula
Post by: posi on June 26, 2023, 03:30:21 AM
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
What makes you so sure that the price will be doubled in the next three months? It's been 3 months already since you created this thread, yet the price didn't moved and doubled just like the way you expected it to be or at least speculated because from the month of March until today, bitcoin's price has only increased in about more or less $3,200.

But what you said was right because it seems that buying cheap is actually the best formula and as long as you know the right target (coin), then there's a good chance that your assets will double soon enough.

Everyone knows that buying low and selling high is a recipe for profit in this market, but what is called cheap? As you said, if OP's formula is the best, why has it been 3 months, and he still hasn't made a significant profit?

Bitcoin is suitable as a long term investment, so accumulate it as much as possible and the best time to buy is when we have money to invest and are ready to hold it for long until it generates profit for us.
In my opinion, in the market, there is no general formula to generate profits, each investor will have his own formula drawn from knowledge and experience.


Title: Re: Buying cheap is best formula
Post by: Rupok on June 26, 2023, 03:41:28 AM
I am totally agree with you, it is a good opportunity to buy cheap when the market price is low. Those who hold long term are the big beneficiaries.  Since the market is now in a bear market, it is safer if one buys during this period. It is best to buy as much as possible at this moment, as a bull market will soon be reached.Bitcoin will reach double the current price so now is the right time to buy and hold Bitcoin to profit from Bitcoin.  If an investor can't buy cheap then he can never make good profit.


Title: Re: Buying cheap is best formula
Post by: bettercrypto on June 26, 2023, 08:28:45 AM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

First of all, what you said is correct that you should be one of the Bitcoin believers, you should buy if its value goes down in the market as long as you have a chance to buy, it is really a good chance, and do it until the bull run comes or the right time and season.

Second, we are not obligated to buy a Bitcoin or half of it, the beauty of Bitcoin is that as long as our budget allows us to have bitcoin, that's why we always advise most people to apply the DCA called here, and I don't believe that if you invest Bitcoin now, after 3 months it will double its value immediately, this is not true and where did you get what you said? Is there a configuration for this?


Title: Re: Buying cheap is best formula
Post by: yazher on June 26, 2023, 09:01:55 AM
Affordability is the most important factor when buying any class of asset. however, opting for the cheapest option may not always guarantee the best outcome. But when it comes to Bitcoin, I believe a person should buy it when he has the money regardless of the price. This way you can easily calculate the average price of purchasing.  Many major investors, like MicroStrategy, have adopted this approach.


When you always want to take the risk, it is always better to buy bitcoins every time you have some money and spend only what you can afford to lose, like getting some portion of a chunk from your salary to invest in bitcoins, probably the best thing you can do. Some people gave up their bad habits and use the money instead to buy bitcoins when the price was low, and they were consistent in doing so because they were truly committed to their goal, and they earned huge amounts of money when the bull runs came last years.


Title: Re: Buying cheap is best formula
Post by: Nrcewker on June 26, 2023, 09:12:18 AM
I think it's better to buy as much as you can afford every week/month and accumulate that way.

Exactly. When we are talking about a coin like bitcoin, we should not worry about its price. We know what bitcoins are capable of, and we have also seen bitcoins rise from zero dollars to 69,000 dollars. We know that Bitcoins are limited in number; that is, no more bitcoins can be created or mined. Hence, it’s wise that we not complain about the low price and keep on buying bitcoins at regular intervals whenever possible, no matter how much. Once Bitcoin crosses the $50,000 USD range, it won’t stop until it touches a new ATH price.


Title: Re: Buying cheap is best formula
Post by: RockBell on June 26, 2023, 10:42:56 AM
Worrying too much about a problem will make your decisions more chaotic and complicated. So don't put too much importance on waiting for a good price because not everyone is lucky enough to wait and buy at a good price. With your income, you just need to properly allocate investments compared to the price you paid at that time. In addition, you should also need a data sheet for items when investing and have a little more knowledge related to this field. In case the market is not good, you should still have a backup plan. According to the majority of people, DCA is still the most optimal method for investments today.

That genuine concern you felt Making decisions is never easy, but occasionally I look up to cryptocurrency investors so that I can learn from their experience. Learning from others is always beneficial, especially in the world of cryptocurrencies. One thing I've noticed is that it's always wise to take advantage of the market. If the price is low, you should take advantage by buying more. This strategy will help you expand your portfolio. And that's how the vast majority of system users are becoming extremely wealthy. Buying high does not favor an investor at all, but everyone has their own option to make if you have the money to buy even when it is high or low then it is yours to choose. Doing things on your own is not advantageous at all if you want to succeed.


Title: Re: Buying cheap is best formula
Post by: komisariatku on June 26, 2023, 11:45:38 AM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

But in practice, we don't know which price range is cheap. Sometimes we think the price is still too high, but tomorrow morning it has gone up to 10%. Or other times we think prices have gotten cheap but still drop for a whole week.

Investing in bitcoins is not as easy as it seems. When you see that the market is getting worse, you will be confused, whether to hold it or sell it, when the market improves, you also doubt whether to sell it now or tomorrow? Especially if you store in large quantities, it will make it difficult for you to sleep

I've tried it before, and it bad ended. Train you to understand analysis and news about the assets you hold. Also use cold money so you don't rush to sell your bitcoins at the wrong time because you need money. That must be bad


Title: Re: Buying cheap is best formula
Post by: blackened515 on June 26, 2023, 01:17:44 PM
I am totally agree with you, it is a good opportunity to buy cheap when the market price is low. Those who hold long term are the big beneficiaries.  Since the market is now in a bear market, it is safer if one buys during this period. It is best to buy as much as possible at this moment, as a bull market will soon be reached.Bitcoin will reach double the current price so now is the right time to buy and hold Bitcoin to profit from Bitcoin.  If an investor can't buy cheap then he can never make good profit.
Buying low and selling high is definitely one of the best tactics for developing excellent profit plans. This phase is exclusively for bear season, so I make sure I have enough bitcoin and altcoins, and patiently wait for the bull season to show up, at which point I activate my sell button, having generated massive profits from these projects. Buying cheap implies having solid bitcoin entries; this is not a view shared by all investors and traders, but it has worked for me for years. Because bitcoin is volatile, there is no right moment to buy it; always seize chances when they arise.


Title: Re: Buying cheap is best formula
Post by: RewFrew on June 30, 2023, 05:11:32 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Dear Mate, it is best decision to invest on Bitcoin. Your idea is correct i think. Ibalso think within short time Bitcoin price will increase minimum 2x. Now bitcoin price is very cheap if you buy now you will be profitable there has no doubt. If you buy half bitcoin now within maximum 6 month it will be double. We saw previous history of Bitcoin. From previous history we can think bitcoin price will go new ATH. This year Bitcoin will break all record i think.