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Author Topic: Now is the best time to invest in Bitcoin  (Read 2112 times)
decodx
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August 01, 2021, 09:25:01 AM
 #101

Yes it is best time to invest in Bitcoin because many countries accepting Bitcoin. You can invest now for long-term. I recommend buy Bitcoin in parts to make maximum profit.if you invested for long-term you can invest now and hold for 1 to 5 years to take good  profit.
Really, how many countries now are accepting Bitcoin? when you say that, it might come off as there are many countries out there that accept Bitcoin as currency now. It is not a question of whether bitcoin is been accepted by some businesses in different countries but that is not the Government.

Yeah, maybe he meant that many countries have legalized cryptocurrencies to some extent.
But I agree, even if the government of that particular country legalizes cryptocurrency, it does not mean that it will support or promote that currency in any way.
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August 01, 2021, 10:10:47 AM
 #102

Yes it is best time to invest in Bitcoin because many countries accepting Bitcoin. You can invest now for long-term. I recommend buy Bitcoin in parts to make maximum profit.if you invested for long-term you can invest now and hold for 1 to 5 years to take good  profit.
Really, how many countries now are accepting Bitcoin? when you say that, it might come off as there are many countries out there that accept Bitcoin as currency now. It is not a question of whether bitcoin is been accepted by some businesses in different countries but that is not the Government.

Yeah, maybe he meant that many countries have legalized cryptocurrencies to some extent.
But I agree, even if the government of that particular country legalizes cryptocurrency, it does not mean that it will support or promote that currency in any way.

Right, legalizing of course with strict rules and will not make crypto a substitute for official fiat, the government certainly has a team of experts who can provide the best advice about crypto so that it can be useful for national economic.
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August 01, 2021, 03:32:02 PM
 #103

Yes it is best time to invest in Bitcoin because many countries accepting Bitcoin. You can invest now for long-term. I recommend buy Bitcoin in parts to make maximum profit.if you invested for long-term you can invest now and hold for 1 to 5 years to take good  profit.
I have always seen bitcoin to be a nice Investment. Those who Invested in Bitcoin 2 year ago, and held it up to this time will probably be making a huge profit. Investing now will definitely be a great decision to make. And also the ability to hold it for a long period of time, in order to make a nice profit from your investment. Bitcoin is for those with strong mindset, you don't have to panic if the price falls.



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August 01, 2021, 04:18:30 PM
 #104

actually it's never too late for us to start our business, to improve our economy going forward, if we say now is the best time to invest in bitcoin, we can say it's true, but if we invest in bitcoin since the first appearance of bitcoin maybe now we are rich , but we must learn from mistakes, and we focus ourselves on investing from now on, make up your mind, strengthen your stance, whatever happens we must be ready to face it, be a true investment, which will not run from the storm, and will not shake when the wind comes

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August 01, 2021, 05:13:07 PM
 #105

Yes it is best time to invest in Bitcoin because many countries accepting Bitcoin. You can invest now for long-term. I recommend buy Bitcoin in parts to make maximum profit.if you invested for long-term you can invest now and hold for 1 to 5 years to take good  profit.

Indeed, many countries are allowing institutions to invest into bitcoin which is great news for bitcoiners. Also, investing/buying parts by parts is good for any type of investors/hodlers whether it's a investment for short or long term. Moreover, many adoptions will be done before the next bullish cycle and this could be a good opportunity for those who still buying/doing DCA, IMHO.  Wink

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August 01, 2021, 06:53:19 PM
 #106

Many people waited for a dump, thinking that when the price goes down a little, they will enter the market and buy and hold Bitcoin. But the most interesting thing is that when the price of Bitcoin dropped, they could not enter the market for fear. In fact, those who are looking for buying opportunities can never find the right time, they spend their time thinking about when to buy Bitcoin. you will never find the exact time to enter the market, so investing regularly and holding on to long positions is the right decision.

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August 01, 2021, 07:08:30 PM
 #107

Many people waited for a dump, thinking that when the price goes down a little, they will enter the market and buy and hold Bitcoin. But the most interesting thing is that when the price of Bitcoin dropped, they could not enter the market for fear. In fact, those who are looking for buying opportunities can never find the right time, they spend their time thinking about when to buy Bitcoin. you will never find the exact time to enter the market, so investing regularly and holding on to long positions is the right decision.
It is actually very difficult to know the actual time when to buy BTC, it is  advisable to buy in portion if your are thinking long-term buy weekly, monthly or even when you notice a significant FUD in the market by the media. Because the most important thing to do is, buy and sell when the price must have increased to a certain level.
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August 01, 2021, 07:32:54 PM
 #108

Yes it is best time to invest in Bitcoin because many countries accepting Bitcoin. You can invest now for long-term. I recommend buy Bitcoin in parts to make maximum profit.if you invested for long-term you can invest now and hold for 1 to 5 years to take good  profit.

I advise people to wait for the ideal moment, for example in today's scenario:



The price is falling a lot and maybe there may be an opportunity to buy more below that price and when the price increases a lot, the person will get much more profit. Of course, if the person is very confident in making hodl, they can buy now, calm down when the price drops and keep making hodl until they make a big profit

Many people waited for a dump, thinking that when the price goes down a little

anyone wants to make a lot of profit the more they buy when the price drops, the better to be able to sell at a high profit

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August 01, 2021, 08:16:53 PM
 #109

It is actually very difficult to know the actual time when to buy BTC, it is  advisable to buy in portion if your are thinking long-term buy weekly, monthly or even when you notice a significant FUD in the market by the media. Because the most important thing to do is, buy and sell when the price must have increased to a certain level.

newcomers will surely realize how important it is to understand market analysis, rather than just rushing in and panic buying or selling. following trading signals or other people's opinions can be an alternative, but it doesn't always work because we will only depend on it without being able to anticipate if things go wrong. no need to rush, market analysis can be studied, many youtube channels share information about it. if we want to take maximum opportunity then we must be willing to learn.

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August 02, 2021, 02:08:34 AM
 #110

Depending on how you want to start, if you decide to invest and open a position, divide your total position into ten percent and buy once every time. If you want to buy in one go, then the time has not arrived, and there is no absolute bottom. We have to gain experience in every trial and error. In fact, I don't think you should just listen to other people's suggestions, because others can't give you responsibility. It's important to improve yourself.
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August 02, 2021, 02:13:10 AM
 #111

If it is placed before July, I decide not to recommend anyone to buy virtual currency, but the recent performance of Bitcoin shows that traders do not want a long-term bear market to start. The nature of this market is controlled by traders, and the price of currency is controlled. The ups and downs depend on the guidance of both the long and the short. Our retail investors have little influence on the market, so grasping the trend is the safest.
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August 02, 2021, 02:27:18 AM
 #112

There is not much market news recently, and there is basically no news, but funds are extremely active, and it is agreed that a bull market is coming. For Kongcang, watching the rising market is extremely uncomfortable. Thirty thousand bottom hunters can eat a wave. Can I enter now? I think this is a bit risky in the short term.
Ethereum is very strong recently, obviously stronger than Bitcoin, but if Bitcoin pulls back, Ethereum will definitely pull back. If you want to enter the market in the near future, you can wait for the callback to enter the market.
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August 02, 2021, 02:44:57 AM
 #113

If it is placed before July, I decide not to recommend anyone to buy virtual currency, but the recent performance of Bitcoin shows that traders do not want a long-term bear market to start. The nature of this market is controlled by traders, and the price of currency is controlled. The ups and downs depend on the guidance of both the long and the short. Our retail investors have little influence on the market, so grasping the trend is the safest.
Yes, maybe at this time, long-term investment is indeed very difficult. Considering the price of bitcoin now compared to a few years ago is really very different. So the possibility of trading in the short term is an alternative to profit in the market . But all is never too late . If we are ready to start.

bitcoin price was higher now compared to when it was many years ago and if your a long term investor your already benefiting with this but its true that long term investing wasnt easy because it requires a lot of patience and lots of emotion control .
 if we want to earn instant profit then we can do trading , its perfect now because market is highly volatile and @Tina H no it wasnt the traders that control the market but it was the whales and why would you limit anyone to buy a crypto ? prices now is yet to recover so entering now is still fine .
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August 02, 2021, 02:59:35 AM
 #114

It's hard to know exactly when is a good time to invest in bitcoin. Compared to this year's ATH, this price is quite good for long-term investment. Bitcoin is always volatile the best way to invest in bitcoin. Buy them and hold for the long term and don't mind short term volatility.

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August 02, 2021, 03:11:22 AM
 #115

If it is placed before July, I decide not to recommend anyone to buy virtual currency, but the recent performance of Bitcoin shows that traders do not want a long-term bear market to start. The nature of this market is controlled by traders, and the price of currency is controlled. The ups and downs depend on the guidance of both the long and the short. Our retail investors have little influence on the market, so grasping the trend is the safest.
Yes, maybe at this time, long-term investment is indeed very difficult. Considering the price of bitcoin now compared to a few years ago is really very different. So the possibility of trading in the short term is an alternative to profit in the market . But all is never too late . If we are ready to start.

bitcoin price was higher now compared to when it was many years ago and if your a long term investor your already benefiting with this but its true that long term investing wasnt easy because it requires a lot of patience and lots of emotion control .
 if we want to earn instant profit then we can do trading , its perfect now because market is highly volatile and @Tina H no it wasnt the traders that control the market but it was the whales and why would you limit anyone to buy a crypto ? prices now is yet to recover so entering now is still fine .
I am not talking about restricting the purchase of virtual currency by others, but I will not actively recommend others to purchase it. Maybe my input is wrong. Retail investors have little influence on the market, and the market is manipulated by whales is what I want to express.
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August 02, 2021, 03:21:34 AM
 #116

If it is placed before July, I decide not to recommend anyone to buy virtual currency, but the recent performance of Bitcoin shows that traders do not want a long-term bear market to start. The nature of this market is controlled by traders, and the price of currency is controlled. The ups and downs depend on the guidance of both the long and the short. Our retail investors have little influence on the market, so grasping the trend is the safest.
Yes, maybe at this time, long-term investment is indeed very difficult. Considering the price of bitcoin now compared to a few years ago is really very different. So the possibility of trading in the short term is an alternative to profit in the market
Trade in the short term requires you to have full skills and advanced knowledge then you can make a profit. On the contrary, if you lack knowledge, you will lose more than make a profit.
Quote
But all is never too late . If we are ready to start
Yes,with bitcoin it's never too late. it is available to everyone.
 
 

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August 02, 2021, 03:47:42 AM
 #117

As Bitcoin hits a new high each time, more and more people are eager to join in buying Bitcoin, looking for the best time, focusing only on short-term prices and pursuing rapid profits. This idea is not sensible. People are Before buying, you should learn relevant knowledge, be familiar with the synchronization process of the purchase, and don't pursue a sudden profit.
For Bitcoin, it is unstable and largely unpredictable. Many people look at the chart to set their own entry price. Finding an ideal entry point at this price will eliminate more buyers. This is not a benefit.Therefore, we cannot provide a very clear opinion on when to buy.

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August 02, 2021, 03:56:08 AM
 #118

If it is placed before July, I decide not to recommend anyone to buy virtual currency, but the recent performance of Bitcoin shows that traders do not want a long-term bear market to start. The nature of this market is controlled by traders, and the price of currency is controlled. The ups and downs depend on the guidance of both the long and the short. Our retail investors have little influence on the market, so grasping the trend is the safest.
Yes, maybe at this time, long-term investment is indeed very difficult. Considering the price of bitcoin now compared to a few years ago is really very different. So the possibility of trading in the short term is an alternative to profit in the market . But all is never too late . If we are ready to start.

bitcoin price was higher now compared to when it was many years ago and if your a long term investor your already benefiting with this but its true that long term investing wasnt easy because it requires a lot of patience and lots of emotion control .
 if we want to earn instant profit then we can do trading , its perfect now because market is highly volatile and @Tina H no it wasnt the traders that control the market but it was the whales and why would you limit anyone to buy a crypto ? prices now is yet to recover so entering now is still fine .
I am not talking about restricting the purchase of virtual currency by others, but I will not actively recommend others to purchase it. Maybe my input is wrong. Retail investors have little influence on the market, and the market is manipulated by whales is what I want to express.
its clear to me now  . yes thats right because there are times where market has fully recovered or the coins are in thier new all time highs and for this its now recomended to wait because the price could start dumping .
restricting someone of buying a coin can be valid but we should specify if what crypto was that ex. a shitcoin  . market is heavily manipulated , that is why we need to trade with caution . observe how the market moves and follow the pattern  
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August 02, 2021, 04:01:18 AM
 #119

Bitcoin is an asset which is witnessing a gradual increase in its user base every month, ever since it was first mined in 2009. The number of active users stand at tens of millions, and the the recruitment of new users outpaces the attrition rate by a big margin even now. Experts consider that we are still in the early adoption phase. That means that if nothing untoward happens in the future, the overall market cap and volumes should witness a big jump. And for the long term investors, the point of entry is not that important, although it will be better to make the purchase at dips.

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August 02, 2021, 08:53:02 AM
 #120

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.
You're waiting for $20k low? I doubt if bitcoin will fall anything lower than $28k, it has the strongest support there and we have confirmed it now multiple times, when the market is in a bad shape the price of bitcoin still didn't go below $28k even with tons of China fud been released during that time, I think any price you get bitcoin as long as its below $100k it's still a good buy price, cause bitcoin going to $100k is certain, bitcoin is at $41k right now, I expect it to double before eoy.

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