Now is the best time to invest in Bitcoin

[INSTASMARTER]

In early 2021, the cryptocurrency Bitcoin skyrocketed past its previous records, causing a shock around the world and an influx of new investors. The price of just one Bitcoin climbed from less than $5,000 in March of 2020 to more than $40,000 in January 2021. Since then, the cost of Bitcoin has just been increasing, reaching a new high of over $60k in April 2021. What this rise in price has done is nothing less than cause a global frenzy of investors. People on one side saw this rise and now believe Bitcoin is the next big thing. Some have even been claiming that Bitcoin could possibly go head-to-head against worldwide currencies like gold, or potentially even the dollar, as the main currency backed by countries around the globe. Those on the other end still think Bitcoin is one hundred percent risk, denying it has any potential whatsoever. We're still learning the cause of this interesting and random hike in value and what it means for the future of Bitcoin, along with other cryptocurrencies.

In January 2020, Bitcoin price was around $9,000 per coin, but then saw a drop to just over $5,000 in March. However, by the time December 2020 came around, one Bitcoin cost almost $30,000, which is an increase of over 300%. The price of Bitcoin has continued to rise and as of April 28 2021, Bitcoin stands at $54,640.70. Economic experts have said that the reason this has happened is most likely due to the fact that more people have been investing since the beginning of COVID-19 lockdowns thanks to stimulus checks people received from the government.

After the original spike in January 2021, which made Bitcoin the world's seventh largest asset, higher than both silver and gold, Bitcoin earned mixed reactions from intelligent investors. Chief strategists at JP Morgan suggested that if Bitcoin continues to increase at the rate that it recently has, it could end up reaching close to $150,000 per one Bitcoin by 2025. If this were to occur, Bitcoin would have an overall value of 3 trillion dollars which would prove it to truly be one of the most valuable assets to ever exist.

Other big names have called these claims nonsense and assure that Bitcoin will eventually burst just like any other bubble. Bank of America recently stated that Bitcoin's current spike will seal its legacy as the "mother-of-all bubbles." David Garrity, CEO of GVA Research LLC even claimed that Bitcoin's price could drop back down to $5,000 in 2021.However,Usher, the co-founder of InstaSmarter.com,a social media marketing provider that accept bitcoin,think it is the perfect time to invest in Bitcoin, as Warren Buffett said,when others are fearful, it usually means we are in a deep recession or soon near it. This is the time to be greedy

For now, it's best that we keep our eyes on Bitcoin's growth to try and predict the route it will lead us down in the future. Though as of right this moment, a single Bitcoin costs only $ 35,939.34, all individuals over 18 years of age are welcome to purchase any percentage of the cryptocurrency and still earn from their investment as Bitcoin continues to rise. Even if Bitcoin may seem like an uncertain investment, it cannot hurt to invest a small amount and see where it goes in case Bitcoin does indeed become the currency of the future.

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[kuldipgajjar]

if you've already done your homework and decided to purchase Bitcoin, now is a good time to do so. Investments in cryptocurrencies are risky and unproven. As a consequence, higher returns are possible, but there is also a higher risk

[hatshepsut93]

The best time to invest in Bitcoin is at the lowest price that will never be seen again. If we will never see below $20k prices again, then any purchase made 7+ months ago was the best at that moment. But now that we're experiencing an almost 50% crash with very weak recovery, it's very debatable whether it's the best time, or if the price will go even lower. Of course you can win big if the bull run resumes tomorrow, but you can also make a suboptimal purchase if the price will keep sinking.

[sheenshane]

First, welcome to the forum, I saw your post on Reddit the same content that you have shared here.  I hope you're the same owner.

Now, it's a good thing that you're awake.  Bitcoin investment is a high potential that you can get profit, but this doesn't have any time frame when you will need to cash out your money.  You should wait for a perfect time of selling your Bitcoin.

if you've already done your homework and decided to purchase Bitcoin, now is a good time to do so. Investments in cryptocurrencies are risky and unproven. As a consequence, higher returns are possible, but there is also a higher risk

Unproven?  Look at the previous price chart of Bitcoin price, there's an increase in the last few years.  If you bought 1 bitcoin and there's a sudden correction, all you have to do is to wait when the price surge back.  If you hold 1 Bitcoin, it will remain the same amount at the end, nothing will lose, not unless if you will sell while at the low price.

[wayaneka]

This is according to how long you want to make invest in Bitcoin, if you would like to invest in to it by duration more than 5 years, now is good times to buy it because current price dumped more than 40% from ATH. Bitcoin is digital gold, so the marketcap in the long run will surpass Gold. So Bitcoin still have room to grow and the price have potential increase another 10x or more.

[acener]

The best time is when it is on it's lowest and we don't know if it is already on it's lowest but if you want to have a good one then any price when it crash is a good choice for you to enter.
It is hard to enter at the best time but you could always try to make it when the price crash occurs.
We might wait for a little more or for the bear market to finally enter so we could go and fill up our bags at low price or you could try to fill it up now.

[pooya87]

It is always a good time to "invest" in bitcoin as long as you see the potential in bitcoin in the long run. The only thing that is not always good is trading bitcoin since the market is sometimes extremely volatile and very unpredictable otherwise if you want to invest which is to purchase and keep for over a year these short term fluctuations don't matter.
For example when I started back in 2014 there was similar drama to today and price fell from nearly $600 down to $220, you think anybody who bought at $600 back then cares today that price is 5700% higher?

[TribalBob]

The best time to buy is when it's at the low of a trade and we don't know today  it's low or not at the moment, but if you want to own bitcoin now I think the price is pretty good the price is down 50% from yesterday's ATH price , but there is a possibility that the price will go down again, try waiting for another 2-3 days if it's still red, go to the market to compete for profit in bitcoin

[Argoo]

The best time to invest in Bitcoin is at the lowest price that will never be seen again. If we will never see below $20k prices again, then any purchase made 7+ months ago was the best at that moment. But now that we're experiencing an almost 50% crash with very weak recovery, it's very debatable whether it's the best time, or if the price will go even lower. Of course you can win big if the bull run resumes tomorrow, but you can also make a suboptimal purchase if the price will keep sinking.

Now the price of bitcoin has dropped to $ 32,764, and there are forecasts that in the near future it will still continue to fall. Therefore, it is better to wait a little with the purchase. Perhaps the bottom is still ahead of us. If the fall in prices continues, then we can assume that this will drag on for the whole summer and we will not see the expected growth of the market at least until the fall. It is most likely that it will be so.

[BlackHatCoiner]

Well if you say the best....then then best time to buy bitcoin was back 10 years ago. But there is no bad time to buy bitcoin because it has only just grown from time...it is an old saying that....it is never too late to buy bitcoin...it is only gonna grow with time

I'll agree with @Lordshiva here.

I keep reading “Now is the best time to invest” and “I bought the dip, greatest opportunity ever”, but it turns out that over time, it becomes a less greater chance to invest in Bitcoin than it was years ago. The quoted message properly explains that Bitcoin does grow and that it's never too late to buy it, but truth be told, the best opportunity was a decade ago, when it was a new experiment.

Fluctuations such as from $0.01 to $1000 (100000%^+/-) will never be seen again. I believe that after lots of halvings, the price will remain much more steady than it is nowadays, so if you wanted to be richer in terms of fiat, you've lost your greatest opportunity.

[bakasabo]

Every day is the best day or time to buy some Bitcoin, if you believe in its growth of course.
Topic starter mentioned best time to buy and the price was around $35k. Right now the price is almost $33k. Right time to buy at every dip. I've noticed that such topics "best time to buy" appear every day. That is why imo the correct actions will be buy every dip and increase Bitcoin volumes.

[Nunoluck]

Now I still watching the price chart. Actually my plan is to buy btc at 20k price level. Honestly I think 35k is also good enough for us to buy btc. My instinct said that I have to wait until the price reach lower than 30k because I don't see any strong sentiments that may make bitcoin price go up for now. Maybe next 1 or 2 months later we will get good news that can boost bitcoin users or investors enthusiast. Now, the price of bitcoin is cheap. I just wait for little moment to see the market situation. I want to get better possition for the next bull run.

[NeuroticFish]

The best time for Bitcoin is always somewhere in the past. But that no longer matters now.
Now, a very good way to move forward is DCA / dollar-cost averaging: buy now and then some coins when you have extra money; you may be thanking yourself in 5-10 years that you've done this.
(Not a financial advice, DYOR and make your own decisions).

[TOM Bb]

Now the Bitcoin market is in a position, and you can enter the market with the bottom. Now you can use funds to invest, you can store them and wait for the appreciation of Bitcoin, so that our funds can appreciate.

[Ricovinny]

Nice read. It's correct there's lots of potentials in buying Bitcoin right now, however we should do well to do our own research, invest as much as we can afford to and not get financially constrained afterwards and try to employ the DCA strategy

[DarkIT]

When every the price of bitcoin reduced, it will the good time to inverse your money.Because the price of bitcoin will get back to old value, we know that. So when the price of bitcoin back above 5% to your brought price. It will be a huge profit for your investment.The good profit takers will follow this step to earn more from the short period.

[Cullly]

If you have extra money, you can choose to buy Bitcoin in this situation, because it will definitely rise up, and buying now is indeed a good opportunity.

[ampu]

There is no exact market prediction so we can only prepare for scenarios to buy Bitcoin at the best prices. Remember to split your money to buy at the milestones. I have the following two options:

If the bull market continues, this is the best time to invest in Bitcoin as it is currently being overwhelmed by the flow of bad news.

If the bear market is just getting started then I suggest we consider the 28k$, 22k$, 20k$, 15k, $12k as good points to buy Bitcoin as they are important to support levels.

[BITCOIN4X]

When every the price of bitcoin reduced, it will the good time to inverse your money.Because the price of bitcoin will get back to old value, we know that. So when the price of bitcoin back above 5% to your brought price. It will be a huge profit for your investment.The good profit takers will follow this step to earn more from the short period.

You have to admit that at the moment the market is undergoing a correction and its recovery will take longer than before. Although we know that the bitcoin price will rise again after the correction, the weak recovery condition have made investor hesitant to buy more. While people hope prices will recover, but most of them never want to spend money to buy. I would have thought it was bullshit ending in a false wish. There is no bad time to buy bitcoin, while the best times are long gone and that was 10 years ago.

[Taskford]

When every the price of bitcoin reduced, it will the good time to inverse your money.Because the price of bitcoin will get back to old value, we know that. So when the price of bitcoin back above 5% to your brought price. It will be a huge profit for your investment.The good profit takers will follow this step to earn more from the short period.

You have to admit that at the moment the market is undergoing a correction and its recovery will take longer than before. Although we know that the bitcoin price will rise again after the correction, the weak recovery condition have made investor hesitant to buy more. While people hope prices will recover, but most of them never want to spend money to buy. I would have thought it was bullshit ending in a false wish. There is no bad time to buy bitcoin, while the best times are long gone and that was 10 years ago.

The fear of losing more is happening once dumping is occuring maybe the best thing we can do to find good position to buy is to locate which figures has bitcoin got strong support from there maybe we can enter and hold for another long term although its really hard to predict since the risk is there but if you are for long term hold well that will be the best option for us.