IS IT TIME TO BUY MORE BITCOIN?

[BitHodler]

NO ONE KNOWS WHEN THE BEST TIME TO BUY BITCOIN IS!

It depends. If you dollar cost average it doesn't really matter when you buy. Obviously, people doing so are less incentivized to continue buying during a bull run, but at these *lower* levels you can't really complain.

I rather keep buying smaller chunks of a coin at current levels than waiting for lower levels without buying, because that makes no sense since we don't know where the bottom is or if we have bottomed out already.

Don't forget that when people turn into bears and expect the price to fall down to super low levels (I have seen various predictions of $1200), know that it could turn out to be a great buying opportunity.

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[dothebeats]

It is always the time to buy bitcoin, especially if you intend to keep it for the next 2 yrs or so. We might be in a bear market now but do note that it does not take forever before we can recover, and 2-3 yrs is already an enough time for the market to recover. As for the ETF, if the SEC really wanted to approve that, they would have done it by now, or at least a few months ago yet they keep on delaying, which, to me, suggests that they really don't want it in the first place.

[Johnyz]

IS IT TIME TO BUY MORE BITCOIN?

Now, the answer. drum roll please!



NO ONE KNOWS WHEN THE BEST TIME TO BUY BITCOIN IS!

Yeah, my only basis to buy bitcoin is when everyone is panicking about the dump price and I think that’s the most profitable time to have more bitcoin. Just like what happen in the past, people are panicking and the result is so good for the hodlers since we can now buy more bitcoin. Don’t waste time like this, its cheap and bitcoin deserve to have new hodlers.

[South Park]

Yes this is the perfect time to buy bitcoin and hold it into the near future when the crypto market rises. Seriously if you are not buying into bitcoin in this moment then i don't when you intend to invest into bitcoin and start earning like how the early adopters did.

This is a good moment if you are an investor which has experience already with this market and know what to expect, but for those that are just starting out the circumstances are different, the price is very attractive but can they hold their coins effectively when the price is still not recovering? Can they hold their coins for months or even years? Many believe they can do those things until they realize they cannot when they are faced with the volatility of this market.

[xuv500]

BTC is like a gold in crypto currency, there is value for that every time. yes it is not so much good as expected but still It will comeback strongly after this downfall. And yes most of them are busy in buying coins as the prices are very cheap, It seems they are following the strategy of the market.

[Adriano2010]

Yes, i think now is the best time to buy more bitcoin and hold for a long time or just hold until you make a profit. So fill your bags guys and girls, and holding, wait for good news and why not for a new all time high for bitcoin.

[aris av]

There is no best time to buy because we do not know when bitcoin increases, at fluctuating prices we can only speculate to get good results, but that all must be supported by our confidence in bitcoin, it will make us calm in facing market conditions unstable.

[xuan87]

It's very hard to say which one is the best time because the market is unpredictable, if you are a newbie or the  person with less time to pay attention to the chart then don't buy, but if you are a good traders then it's a right time, because there are going to be many sideways happening

[Altero]

It's very hard to say which one is the best time because the market is unpredictable, if you are a newbie or the  person with less time to pay attention to the chart then don't buy, but if you are a good traders then it's a right time, because there are going to be many sideways happening

Though it's hard but we have to try and risk if we can afford too. Every seconds count and considering the price today,  it is good to start with. 

We don't need to wait for another drop cause everyone said it is unpredictable and does the current price today seemingly good to have profit when pumps occurs. We better strike it now.

[iMark]

Yes, i think now is the best time to buy more bitcoin and hold for a long time or just hold until you make a profit. So fill your bags guys and girls, and holding, wait for good news and why not for a new all time high for bitcoin.

prices are still spinning at prices of $3k - $4k. there haven't been many changes that have occurred. but some time ago prices had risen to $4k and then fell again, and now prices are far below, Yeah I think now is the right time to buy? we need good news to make demand rise

[justdimin]

I think clearest choice would be yes considering bitcoin is as low as it has ever been (or close to it) right now bitcoin is closer to 18 month low than high, I know 20 thousand dollars looks very far away but even if the price goes to 5-6 thousand dollars that is more than 50% increase in price and that is still quite an achievement for any investment ever.

What other investments could give you a 50% profit in lets say 6 months time ? There is nothing like that in the world right now that could give you that much ROI for your investment. However bitcoin reaching to 5-6 thousand dollars this summer is still a quite achievable goal and that is why buying bitcoin right now looks like a great deal. Will it be those levels by this summer ? We don't know, is it possible ? Very.

[peter0425]

Just wait till the price goes $3K or lower, before you can you and buy a lot of bitcoins. But the problem is that no one really know when the price is going to bottom, so you have to go back as what you really wanted to do, are you going long, which for me is the best strategy, or just short it and take profits like every other day.

[omonuyak]

It could be a trap by some whales to pull down the price further.  I have the feeling that if one buy bitcoin now and you are to trade it for short term you are going to lose.  If you want to invest in think you should have long term in mind.

[superstarbtc]

present market condition is the right time to buy the BTC why because the market is in a bear market and a lot of positive news coming in the market  we can expect market to pump two to three times from current market condition

[Peashooter]

At this current price of bitcoin it might be the right time to buy but some people still not prefer to buy in this current situation of market because they afraid that the price of bitcoin will fall down. But as of now I also keep on buying bitcoin and then I will hold it.

[Tagus45]

There is no best time to buy, but when prices fall is an opportunity to buy, the market is still bad and it is uncertain that bitcoin will surge in the near term, and for that profit depends on how you can wait for recovery.

[South Park]

There is no best time to buy, but when prices fall is an opportunity to buy, the market is still bad and it is uncertain that bitcoin will surge in the near term, and for that profit depends on how you can wait for recovery.

Any trader will disagree with that statement and anyone that takes the time to look at a few charts will do so as well, if you look at the charts you can easily see that if you bought bitcoin at a particular point in time and then you sold it then you could have gotten huge profits, this means there is in fact a best moment to buy a particular cryptocurrency the issue is to know when that time has come and that is not easy, but right now is a good moment to buy bitcoin if you have the will to hold your coins.

[thecodebear]

Yes it is a great time to buy bitcoin. I've been buying regularly since it went under $4k two months ago, and will continue buying regularly for as long as the market continues to skate along the bottom. We are in the accumulation phase in which smart money is accumulating Bitcoin right now to make massive profits over the next few years during the next bitcoin boom. If you look back and wish you were buying in 2015 when the price was $200-$300 then you should be buying now cuz we are at that point in the market cycle again.

[kavabanga07]

Let's look at btcusd market using amazing Ichimoku indicator. https://www.tradingview.com/i/C6M9nX1a/

After the bouncing from 3200.00 support and further upward movement, the price could not pass through the cloud and start a new uptrend. Senkou A line could stop the market and we got a price reversal with a falling to 3500.00 support. Now we have 2 zones at 4100.00 and 3500.00 which act as borders of a possible price channel .

DMI indicator shows range market conditions where ADX line is below 20 and moves sideway. It looks like the market is going to continue the sideway movement and repeat the same setup which we already could see in September-November.

In that period we also had a failed attempt to move above the cloud, the falling to a strong support at 6000.00 and the sideway movement for about 2 months. After that, the price broke the support and we could see a strong falling to 3000.00 support zone .

We have to remember that all sideway movements are finished by a breakout out of a range.

The same goes about the range which we can get these weeks. Just the most important question will be - in which direction the price will break the range?

For confirmation the further upward movement, the market will have to move above the cloud. It will confirm the strength of bulls. If DMI supports the breakout by ADX moving above 20 level and higher, we will be able to expect reaching 5000.00 and 6000.00 resistance levels very quickly. This variant looks more realistic as the market is at the possible bottom and only fundamental news playing again the crypto will be able to push the market downward. For confirmation further falling the price will have to break 3000.00 support. If so, 2000.00-1800.00 support zone , 1000.00 support level will be the targets for a bearish market.