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Author Topic: The best time to buy  (Read 322 times)
shoreno
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April 29, 2021, 10:35:48 AM
 #21

If Bitcoin fall to $3000, can it be called an investment for the one who bought at $60k?
yes because thats how investment works . in investment there is risk that an assets value can go down . 60k down to 3k in btc is unlikely at this moment and there are less people that will buy that high ( 60k ) but if they will buy will wait for a decline first .

If you hold any fiat, $ for example. Can you say that is a Dollar investment?
When you buy a house to live in, is this investment or physical good? You must pay bills, servicing for this house, to keep them usable.
holding fiat alone is called savings but if you save or put it in banks , that was the time it will be called investment .  a house is physical and it can be consider as goods because it has a value and you can sell it , it was an investment as well .
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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April 29, 2021, 02:25:33 PM
 #22

In summary (based on the arguments on this thread):

  • Some people will use bitcoin as a currency.
  • Some people will use bitcoin as a store-of-value.
  • Some people will use bitcoin as an investment.

We're all free to do whatever we want with our bitcoin, which is what makes it beautiful. You're welcome.

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Exactly it is our own choice that how we perceive Bitcoin and use it in our own way.

Investors have added a new assest to their portfolio which can give them high returns in short span instead of Real Estate or Stock market.Many whales are holding huge amounts of funds in bitcoin as they have grown significantly over these years.They are just holding it as investment.

For some Bitcoin is best and alternate option for gold and other assest in the market because they think in the long run they will have some assest which is deflationary and with rising inflation fiat value is decreasing and on the other hand Bitcoin prices are increasing.

Some people are happy that many people are now accepting Bitcoin because they can easily make payments through their Bitcoin wallets and get their stuff and they are using Bitcoin as currency instead of digital cash or fiat as they like to see Bitcoin as currency system.


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April 29, 2021, 06:50:41 PM
 #23

Bitcoin is an investment that if you understand it,you will reap well from it,now that the prices are falling is the best time to buy and save up the ones you have, because soonest the prices will increase by then you can sell if you want and make your profit
I will advise you to wait till it weekend you buy. According to the Bitcoin mine statistics, next to mining difficulty adjustment will happen in 2days which is Saturday and once the adjustment is downward it will trigger the dump in the price of the Bitcoin market.
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April 29, 2021, 08:54:10 PM
 #24

Bitcoin is an investment that if you understand it,you will reap well from it,now that the prices are falling is the best time to buy and save up the ones you have, because soonest the prices will increase by then you can sell if you want and make your profit
You can buy it anytime beacuse its never gonna make you loss. you just have to hold if price drops..

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April 30, 2021, 09:42:08 AM
 #25

Bitcoin is an investment that if you understand it,you will reap well from it,now that the prices are falling is the best time to buy and save up the ones you have, because soonest the prices will increase by then you can sell if you want and make your profit
You can buy it anytime beacuse its never gonna make you loss. you just have to hold if price drops..
Partially it's of a truth that you can buy Bitcoin whenever you feel like but looking from another Angel of it everybody suppose to have a target point before buying a coin, because rushing to purchase can equally leads for negative impact and the buyer will be so regretful for purchasing a coin, been aware of when a coin is going down or up is the major point of traders or cryptocurrency investor major objectives to make profit, because that's determine its profit level.

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April 30, 2021, 10:55:11 AM
 #26

Bitcoin is an investment that if you understand it,you will reap well from it,now that the prices are falling is the best time to buy and save up the ones you have, because soonest the prices will increase by then you can sell if you want and make your profit
Bitcoin is losing its dominance, this means that alt time is here but bull season is almost over, many don't believe this though they want the bull market to live on but that's not possible, the best time to invest is in bearish market

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April 30, 2021, 07:50:55 PM
 #27

The best time to buy and trade is when the market is falling, and the price of bitcoin drops in periods of correction, which leads to a drop in the price of alternative cryptocurrencies to buy zone.
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May 01, 2021, 04:07:55 PM
 #28

The best time to buy and trade is when the market is falling, and the price of bitcoin drops in periods of correction, which leads to a drop in the price of alternative cryptocurrencies to buy zone.
We all missed the "best time to buy" bitcoin 11 years ago my friend. Don't overthink if it's high time or not, you might miss another opportunity of yours, just bag up as much as you can afford and forget for another 10 years.

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May 01, 2021, 07:29:51 PM
 #29

It depends on your value aspect for bitcoin and what you want to understand about it, and which areas you want to put it into/in-use, recently had a friend of mine a rich man asking me about bitcoin along the line of our discussion I noticed he doesn't want to see it as an investment property, but mainly another alternative to bank, so now this is his aspect of understanding, this is why he want to buy, so even though the price is at $100k he would still get some bitcoin, so let people show or choose why they are interested in bitcoin before the strategies of buy dip and sell high. 

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May 01, 2021, 08:03:24 PM
 #30

We all missed the "best time to buy" bitcoin 11 years ago my friend. Don't overthink if it's high time or not, you might miss another opportunity of yours, just bag up as much as you can afford and forget for another 10 years.
This is the best way to ho about it, not minding the price at any particular point to enter the market if your opportune. Yes, its always best yo buy low and some point might seem too high to enter the market if you are to make the most profit but, one thing we must understand is the fact that, profit is profit.

You mustn't get every penny in the market before you accept the fact that, you actually made some profit. The little increment on your invested capital is still profit and as such, you've got to be appreciative of the market. So, being a hodler pays and its probably one of he best ways to earn bitcoin.
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May 01, 2021, 08:47:40 PM
 #31

You may think that bitcoin's price is falling which in reality is that you can only guess or predict how will the price go. It has been discussed many times that bitcoin is volatile and its price can decrease or increase at any time given. Before the current price which reach $60k and I didn't expect that the price decreased.

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May 02, 2021, 02:21:42 AM
 #32

If you have a strong ego you can buy every time the bitcoin falls to its seafloor its good to grab the chance to make an investment at this rate, but again not all the dip tells you that there is a reversal movement, if you check on the graph its a strong downtrend and not the lowest price already, always check the graph analysis and try to make a conclusion it's better to use trend lines not just only imagining the market movement. From the previous year that the bitcoin touches the 3k usd this is one of my most regret not buying a lot of bitcoin.

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May 02, 2021, 06:59:16 AM
 #33

The best time to buy is bear market but that isn't available presently, all you can do is watch the market chart closely and buy when there is a big dip, market is still very bullish there is no reason to fear some dips, they are always a good opportunity to earn more

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May 04, 2021, 04:47:47 PM
 #34

you have think for the long term. If you believe that bitcoin have bright future than any time can be the best time.
More early you own bitcoin more early you buy a future share. Buy as dip as you can and hold it till the death Grin

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May 05, 2021, 06:07:53 AM
 #35

Bitcoin is an investment that if you understand it,you will reap well from it,now that the prices are falling is the best time to buy and save up the ones you have,
Bitcoin is not just an investment although it depends the angle you are tackling it from. But basically Bitcoin is a currency. A digital currency since it serves as means of exchange it can also be regarded as a legal tender

Quote
because soonest the prices will increase by then you can sell if you want and make your profit
Buying low and selling high has always been the culture of every investor. Taking profit is what substantiate your investment. As a crypto investor knowing when to buy and when to sell will give you an edge over the market since it's always fluctuating due to the high volatility of the market in general. Having a good physiology and maintaining dicipline would keep you at a constant profit margin
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May 05, 2021, 08:21:07 AM
 #36

The best time to buy is when everyone is complaining that the market is painted red as a result of prices crashing...once you see this that's a signal to buy.

We not going back for $400 per bitcoin but strategy to buy is if it retraces to some old support(price) you can buy and hope price recovers soon.

R


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