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Author Topic: Now is the best time to invest in Bitcoin  (Read 2081 times)
isaac_clarke22
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June 08, 2021, 09:58:22 AM
 #21

~
Banks and any other regulated institutions will keep spreading FUDs for Bitcoin regardless, mostly by only random speculation like the bubble will burst as you mentioned. They know they do not have the full control of Bitcoin, so the best they could do is to just spread FUDs for sure. This counts for Musk as well, now that he dug himself a deeper hole from what happened.

At this point, there is not much to do but to test yourself to be a strong hodler.
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June 08, 2021, 10:04:09 AM
 #22

Definitely this is the best time to invest because its been hodling the current price since the hard fall and sometimes its showing a green in the market despite of the fluctuation, so for this reason i believe also it's good to accumulate while not having a good improvement in the support level because for sure it will rapidly increase the price when it starts to bump in the market wherien like what always happen.
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June 08, 2021, 10:13:55 AM
 #23

~
Banks and any other regulated institutions will keep spreading FUDs for Bitcoin regardless, mostly by only random speculation like the bubble will burst as you mentioned. They know they do not have the full control of Bitcoin, so the best they could do is to just spread FUDs for sure. This counts for Musk as well, now that he dug himself a deeper hole from what happened.

At this point, there is not much to do but to test yourself to be a strong hodler.

It is true that there is not much that governments and banks can do to make people leave Bitcoin, because Bitcoin cannot be controlled by anyone.
Therefore, if the government bans Bitcoin, it does not make people stop buying Bitcoin, even by spreading a lot of FUD. Not too many people are affected
by it, still the number of Bitcoin holders is growing. Therefore the price of Bitcoin is still quite high compared to the previous year. This is a sign that
Bitcoin has many strong and patient holders, without being affected by the FUD which is pretty much circulating now.

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June 08, 2021, 10:22:10 AM
 #24

I can agree with this especially if you don't have any bitcoin in your portfolio yet, you must enter no matter how high the price is but because the prices are really low, it is just an added bonus for getting in the market.

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June 08, 2021, 02:39:27 PM
 #25

The price continues to drop to close to $30,000 and will likely exceed that price, and I'll be waiting below $30,000 to $25,000 to make my purchases gradually.
I'm sure a lot of people are disappointed with the current bitcoin price situation as desired expectations have turned things around and there's also a high probability that they are selling in a panic, even though they are selling at a loss.
and there is also a decrease in the price of bitcoin that will be used by them to make purchases that understand the movement of bitcoin and hold it for the long term.

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June 08, 2021, 02:48:43 PM
 #26

The bitcoin is quite in a dump moment right now in which the market collapse or crash again today and the market price of bitcoin is $31,000 but it dumps nearly to $30,000 price resistance in which it is a sign that it may continue to $28,000 for a while. For those who have golden hands then don't sell your assets and for those who wants a new opportunity then probably this is the perfect time for you guys because this is the time that the value of bitcoin is quite low and the chance to take profit is on a very low risk.
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June 08, 2021, 03:29:11 PM
 #27

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.
if you have ex: 400$ no risk even if you buy bitcoin with total money, for a limited time can drop the price but it will profitable in the long time holding, i think in any situation we can buy bitcoin because it's top coin and we are believe that it's future is bright.
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June 08, 2021, 03:48:34 PM
 #28

I can agree with this especially if you don't have any bitcoin in your portfolio yet, you must enter no matter how high the price is but because the prices are really low, it is just an added bonus for getting in the market.
However, the current market condition make buyers feel hesitant and worried to enter. This is because the price correction continues and is approaching $30K. The panic will probably last for some time before the market starts to recover, but if the priority is long term then this is a good time to buy some as currently bitcoin is down more than 50% of ATH.

One more, do not buy when the market is undergoing a correction if you are unable to control your emotion after seeing your asset estimation decline since buying. This means that when you want to make a purchase, then you have to think about getting profit in the long term. This is not an easy thing for some trader and investor in my opinion.
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June 08, 2021, 04:28:31 PM
 #29

The bitcoin is quite in a dump moment right now in which the market collapse or crash again today and the market price of bitcoin is $31,000 but it dumps nearly to $30,000 price resistance in which it is a sign that it may continue to $28,000 for a while. For those who have golden hands then don't sell your assets and for those who wants a new opportunity then probably this is the perfect time for you guys because this is the time that the value of bitcoin is quite low and the chance to take profit is on a very low risk.
It's still in a dilemma whether bitcoin will recover to $40k or indeed will dump to $20k while at the moment the coin is in the hands of whether this will be a true HODL or indeed selling at the moment and if it falls to $20k then I think it will be difficult to recover and for a HODL to be strong again for a long time.
Above $30k it is still said to be stable and not necessarily tomorrow what will happen. These fluctuations are very fast if there is bad news, unless you can counteract it then it will not happen, and I think bitcoin is now sensitive when new news comes dumps will definitely happen about there is a weak hand who is willing to sell at a low price.

R


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June 08, 2021, 05:02:05 PM
 #30

Not every dip is an opportunity to invest or purchase not just in Bitcoin but as well as with the other cryptocurrencies out there. You must also observe the market movement before getting into investment if the dip is already at the bottom most part or it is still into proceeding dip. Investing while the market is getting down will probably give you a headache as well as loss since you have entered at a wrong time. Ensure that you will get into investing when you see that dip is slowing down and somehow facing recovery to ensure that you will be gaining once it have fully recovered the price. It is a tough task to be done which makes people become hesitant upon entering the market at dip because they were not sure if they will going to proceed or wait until the price gets lower.

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June 08, 2021, 06:06:33 PM
 #31

because everything that is done there is of course a risk that must be faced as well as here because this is related to your assets and assets, of course the risk must be there, and for that we must really take a position because basically here the profits we have depend on the position which we take, but indeed for now is a very good time because discounts are everywhere and the discounts are quite large too

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June 08, 2021, 06:16:34 PM
 #32

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.

Of course, at the end of this meaningless fud the market will find its way back up, take it as a blessing in disguise, for those who hold btc before the dip happens you haven't lost anything if you didn't sell cheap to the whales, and for those who just want to get in, now is the right time, every time the market dip is an opportunity to take advantage, we have seen this scenario time and again, any time the market recovers some people will wish they had bought at the dip, well here is an opportunity don't think too long.

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Sterbens
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June 08, 2021, 06:44:00 PM
 #33

as much as possible take advantage of current conditions there is no harm in investing in bitcoin. because sometimes we are given a discount to be able to take quick action, if not then when else to have Bitcoin with a price that is being corrected quite large. You just need to make sure that whatever Bitcoin price is now, it won't cause any worries in the future.

This opportunity is given and we must not stand by and just watch.

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AniviaBtc
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June 08, 2021, 07:45:22 PM
 #34

Still, many people are hesitating to invest on bitcoin although it is becoming much more popular due to the existence of pandemic.

I want them to know and understand how bitcoin works and how important it is to study and engage.

As you start investing on bitcoin you will learn a lot and gain a lot of experience and it is really not a problem for you to improve and make it profitable.

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June 08, 2021, 07:57:49 PM
 #35

Still, many people are hesitating to invest on bitcoin although it is becoming much more popular due to the existence of pandemic.

I want them to know and understand how bitcoin works and how important it is to study and engage.

As you start investing on bitcoin you will learn a lot and gain a lot of experience and it is really not a problem for you to improve and make it profitable.


As time passed over you, experienced will tech you how to explore more in quest to earn more, there are possibilities that once a person understand and realize the potential they'll going to go deeper.

Bitcoin is a good venue if you are seeking for good place to invest your money, it's gaining more popularity and it's still progressive.

Do your deeper research and keep learning, it will provide better understanding to create strategy that will work in  any situation while
you are inside this business.

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June 08, 2021, 09:20:59 PM
 #36

Still, many people are hesitating to invest on bitcoin although it is becoming much more popular due to the existence of pandemic.

I want them to know and understand how bitcoin works and how important it is to study and engage.

As you start investing on bitcoin you will learn a lot and gain a lot of experience and it is really not a problem for you to improve and make it profitable.

Investing has always its first time's losses and failures and those are inevitable. But if you will be able to understand how bitcoin works and even altcoins in crypto market from your deep researches, then fear and hesitations won't be a problem anymore.

Bitcoin has always its good time to start investing and looking at the current price, it's still a good entry point if you wish to hold them in couple of years before you start to sell. But it will give you bigger profits in the future if you can wait for another dip, cheaper than what we have today.

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June 08, 2021, 10:12:16 PM
 #37

I know that the market is still very dip. The Bitcoin price only hits around $33,512.08
 right now. It crashes more than -7.86% in a week. Well, this is not good for selling. But for buying? We don't know when and whether the price of Bitcoin will rise up again. And we don't know the futre. But if we are ready with all the risks, yeah it may be a good idea to buy some BTC and hold it until targeted price is coming

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June 08, 2021, 11:52:46 PM
 #38

Bitcoin after reaching its ATH value in 2017 fell back to 70% within the timeline of 50-60 days time. The same pattern is happening right now with bitcoin. After the 2021 ath value now it has been turning bearish. By 50-60 days timeline we can expect the price to be around $19k-$20k. This seems to be the situation, and can be given a try for investment at the right moment.

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June 09, 2021, 01:03:41 AM
 #39

You can now buy bitcoins. Yesterday, bitcoin fell to 30,000 US dollars. Although I think it may continue to fall, I thought it was the lowest point a few days ago, but the prices these days have made me wonder again. Is there a giant whale deliberately manipulating the price, and then want to enter the lowest point, it is recommended to observe for a few days.
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June 09, 2021, 01:37:50 AM
 #40


I agree this is a good time to buy bitcoin, because given the current price, because I am very confident because bitcoin will return to a stable price, it just takes time, and it takes a little extra patience, but unfortunately most people are now starting to doubt because of Tesla's actions, and Elon Musk's negative tweets..
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