Ronzybloch
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August 25, 2021, 03:22:35 PM |
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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.
No at this time btc is not in buying zone , to night is very important , btc has crossed it's high strong resistance , i will sugest to you wait for a good time to invest ,
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Golftech
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August 25, 2021, 04:20:06 PM |
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This. Statistically, when the graph is going down, then invest (make sure it's a financial stable company that isn't going bankrupt) or you just need to stick with top coins which is ethereum, Ada or any others in the top of marketcap. This year is almost end and untill now we are still far from all time high so i think this is the best time for us to buy. In the end though, no one really knows what the price will be today, tomorrow, or the day after.
Bitcoin is currently being actively used, many international companies are investing in bitcoin, this is certainly our hope that tomorrow's bitcoin price will be better than today, I will make bitcoin as a long term investment because i already get profit when i buy bitcoin a few last year. Long-term investment is a good strategy to maximize your earnings. There are many possibilities that the value will continue to grow as acceptance is really increasing. With those institutional investors now inside this industry, we expect that the value will continue to rise but also expect some corrections while in the process, just do your homework and follow what you think is best for your investment.
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celot
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2021, 04:22:34 PM |
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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.
maybe for myself I can't put all my work savings in btc. The reason is because it's too risky. Maybe if I put not everything . For sure I should have enough money to live my retirement without taking any money from bitcoin investment.
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Suharti12
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August 25, 2021, 04:35:59 PM |
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Actually the price of Bitcoin I believe will continue to increase from time to time, but for now I notice the price of Bitcoin in the market is increasing. As a Bitcoin investor or trader, we should not buy Bitcoin at a time like this. It's a good idea to first pay attention to the Bitcoin price movement in the market, we wait for the price to go down before buying it and this in my opinion is a good idea. Currently in the market the price of Bitcoin is $48,718,- My suggestion is to wait for the price to drop at $45,700,- to set the buy price. But all will return to their respective choices.
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awik p
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August 26, 2021, 02:11:24 AM |
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Yes, buying Bitcoin is a golden opportunity. Bitcoin will increase a lot in a few days.Various experts and analysts say that Bitcoin will cross one million dollars this time. However, we can see that Bitcoin is slowly but surely growing. Think of the way it is going to grow Bitcoin can meet their prayer target in a few days. So if you want to buy bitcoin. Bitcoin can meet their prayer target in a few days. So if you want to buy bitcoin. Such a time will come When you will regret a lot but can do nothing. So those who want to buy and invest now, this may be the golden opportunity in your life.
it could happen that bitcoin will form a new ath, because we see it is now approaching the peak that has happened before. then we can use this opportunity to invest in bitcoin, especially if good news always comes from bitcoin then it's still possible until the end of the year
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rhodelmabanal
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August 26, 2021, 06:13:15 AM |
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Bitcoin is now bullish but it is still the best time to buy bitcoin because I see that there are a lot of good news that is now published and it may pushes Bitcoin price to reach another ATH one of the good news is that MicroStrategy Buys Another $177 Million of Bitcoin it purchased 3,907 BTC for a total of $177 million, according to a Tuesday filing with the U.S. Securities and Exchange Commission. Big company may also come and purchased Bitcoin in the near future so there is a possibility that Bitcoin will soar very high and very soon.
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Cryptmuster
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August 26, 2021, 06:57:27 AM |
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Just seeing that the BTC hash increased can indicate that things are still going well for BTC, which gives me to understand that it is a good time to invest, of course, at the moment the BTC is at $ 48.2K which It can easily be induced that the most probable and psychological price could be $ 50k and this is a number that many investors and traders like, it is very close to arriving, I would say that it is a good time to invest.
Psychologically, it is now very difficult to buy bitcoin, because recently we saw the price of 35k, and now it is already 47k and the price continues to fall. The difficulty in buying lies in the fact that there is no certainty that the price will be able to maintain the 50k level. Perhaps we will see the price of 30k again soon. In this case, it will really be a good time to buy bitcoin, and now, when the price has risen well, many people have doubts about whether to buy bitcoin now.
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Reatim
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August 26, 2021, 08:30:23 AM |
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My investment formation view is long term, so Buy in Dip and Buy Accumulate are my two types of strategies. This saves me from having to weigh the severity from the price. For bitcoin, just be ready to buy/hold with the trend, it will maximize your short position, just don't panic. In my opinion, now is a good time to buy, a lot of good news is supporting, Paypal has created a bitcoin trading portal for UK, Taproot is ahead at 11/2021,… good signal for bitcoin to go to >53k in this August.
53,000 is not bad at all if this can be achieved within the August month , but now that we are just 4 days away to end this month and still bitcoin price is plunging to below 48k again, this makes some small investors if this is really a right time or not. The previous example ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Flibredd.it%2Fimg%2F61bkm9dgzc671.jpg&t=665&c=nRuts2llg3gJhQ) Normal scenario from Losers ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) they hesitate when the price is dumping , but confidently buying when bullying , but when they trapped , blaming bitcoin is what they do.
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Malam90
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August 26, 2021, 09:00:57 AM |
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We have passed good time to invest in Bitcoin few weeks ago when BTC once again down to $28k and after that, gradually recovered and finally touched $50k again. Now it's risky to invest for short term but if you consider your investment for long race, i think it's not to risky. Probably we are going to see new ATH soon.
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Natalim
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 26, 2021, 09:41:33 AM |
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We have passed good time to invest in Bitcoin few weeks ago when BTC once again down to $28k and after that, gradually recovered and finally touched $50k again. Now it's risky to invest for short term but if you consider your investment for long race, i think it's not to risky. Probably we are going to see new ATH soon.
Bitcoin will perfectly fit for long term investment so even if the current value is expensive, its still worth buying because you'll still benefit from it even tripled from your capital as long as you hold it for long term. Although its best to buy at the dip but when it comes to bitcoin, no opportunities should be wasted. As long as you only invest on the amount you can afford to lose, then that will be fine. Others may have seen investing at this moment with its high value is a wrong move but if the price will never drop a big amount, then does not mean that we will not try our luck investing in bitcoin this year? You know what, the best advice here in crypto is always take the risk because its where we can experience a full blast of success. If the others are fearful, then this is the time where we should be greedy. That goes out for all newbies out there.
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velosepur
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August 26, 2021, 09:50:07 AM |
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I think best solution and plan is long term investing. This week looks ok too for some more btc to put in wallet. This autmn I expect some btc rising periods. Btc is my main long investment. I am wrong or no we will see. My suggestion is to wait till Sunday. Good luck.
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AicecreaME
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August 26, 2021, 02:16:29 PM |
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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.
This. I can say that those people who are able to purchase during the $20k position are the very lucky ones. Although it's still not late to purchase because bitcoin's price is in its low position right now. However, like what you just stated, it's still very hesitant to purchase right now because bitcoin's volatility is very evident nowadays. Fluctuations of its price in the market are seen. Tomorrow, its price may even dip lower than today. It's just really a matter of technical analysis to have the right prediction and timing on when to buy again.
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Helen-cty
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August 27, 2021, 08:59:15 AM |
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In the field of encryption, Bitcoin is suitable for long-term investment. The price of Bitcoin is the highest in market capitalization. As we all know, it is expensive, but it is worth buying. I think as long as you persist in holding and investing in Bitcoin for a long time, you will definitely get considerable benefits from it. Buying on dips is a good way, don’t miss the best time.
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velosepur
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 27, 2021, 09:33:46 AM |
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Well, in theory, it makes sense to try to buy btc when prices are lower, then sell once they reach their peak. However, this is far more difficult than it sounds. Cryptocurrency also doesnt have proven track record like stocks, so its anyones guess whether bitcoin price will bounce back from its slumps. So hard to say is best moment to buy now or not.
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btc78
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Eloncoin.org - Mars, here we come!
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August 27, 2021, 10:11:24 AM |
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for an investment in the crypto world whose form is long-term and it is very appropriate for us to invest, maybe for now is the right time to continue to be in the crypto world is a very good thing, but for now with prices that are still not stable we are right to say that now is the right time to invest in the world of digital currency
count no specific time to buy , just when you have available funds then buy Bitcoin because non of us knows when the price will pump or when this decrease so any moment is a possible rise or fall. and besides we will lose nothing at all if we are willing to hold for long term. this will only change if you are tending to buy and profit in soonest time since surely failure will occur . we have been in here for years and also Bitcoin proven to be delivering profit for those who trust this for holding . so better decide in real or lose every time .
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Kong Hey Pakboy
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August 27, 2021, 10:24:06 AM |
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Well, in theory, it makes sense to try to buy btc when prices are lower, then sell once they reach their peak. However, this is far more difficult than it sounds. Cryptocurrency also doesnt have proven track record like stocks, so its anyones guess whether bitcoin price will bounce back from its slumps. So hard to say is best moment to buy now or not.
It's not a problem, remember that if you are in it for the long-term then it doesn't matter what's the price right now or even if it's higher than you want it to be because it shouldn't faze you since you aim for the long-term. In conclusion, there's no time like the present to buy some bitcoin.
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ILuckyGuyI
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August 27, 2021, 10:34:34 AM |
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I don't believe that there is such thing as "the best time to invest into Bitcoin". Because there is no way we can know the best time. People talk about dip levels for example. However, we don't know what level will be the dip. For example, Bitcoin price fell back to $30k when the big dump happened. And it decreased a little below this level after that. Some people were thinking like it would go even lower but some weren't. And then, people who didn't think so won. Bitcoin price started recovering from $29k and reached even $50k.
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concept2
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August 28, 2021, 04:14:01 PM |
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I don't believe that there is such thing as "the best time to invest into Bitcoin". Because there is no way we can know the best time. People talk about dip levels for example. However, we don't know what level will be the dip. For example, Bitcoin price fell back to $30k when the big dump happened. And it decreased a little below this level after that. Some people were thinking like it would go even lower but some weren't. And then, people who didn't think so won. Bitcoin price started recovering from $29k and reached even $50k.
Having a plan for bitcoin might help you to define what price is affordable. If you tend to invest bitcoin for a long term - maybe 10 or 20 years, buying bitcoin below $60000 is good enough. If you want to buy bitcoin for short term and take profit after a few months, try to buy it below $45000. Bitcoin has the potential to retrace to that price As a bitcoin enthusiast, the technology is what make bitcoin different from other types of investment, such as stocks for gold. Thus, considering bitcoin as a long term investment (like how people do with gold in the past) probably make you rich someday
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Davidvictorson
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August 28, 2021, 05:07:27 PM |
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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.
Personally, I think the best time to invest in bitcoin is subjective. It differs from one individual to another. Besides it actually requires strategy and planning. It is true that bitcoin has a high potential but if you don’t know how to manage the risk, you will be out in no time with massive losses. For me, one of the best strategies is to invest 3% of my monthly income irrespective of the market price. Building wealth over time is crucial.
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Cafex
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August 28, 2021, 05:38:14 PM |
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I think that it is still the best time to invest into Bitcoin before the next bull run starts. People can miss the chance of increasing their money a lot. I always say this actually. Unless there is a bull run, it is always a good time to buy Bitcoin and HODL it. There is no certain time that can be called as "the best time" because of that. The most important thing is not to miss bull run opportunity.
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