jossiel
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September 02, 2021, 11:10:11 PM |
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Just the same as long term holders.
Having an estimation is normal and you can have it on your own. I doubt that no one has ever predicted the market will be up again by $20k.
Needless to say, the market has been up again and those long term folks like me won by doing it.
Long-term investments in bitcoin have always been profitable. Even those who bought Bitcoin at 20k have made very good profits in just a couple of years. Now the same situation is possible when the price is 47k and many people think to buy or not, but in a few years the price will double or triple again. Only I guess that before such a large increase there may well be a big drop, as it was in March 2020. It may not be, but the probability is still there. It is profitable. You'll have the best asset as you hold bitcoin. And those who have bought at the top, they'll now be encouraged to hold it until the price goes back again. But those who have bought during 2017 ATH, it is unlikely that they've held until now.
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Jeff(NewYork)
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September 02, 2021, 11:34:51 PM |
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http://www.bitcoinforecast.comIn 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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jakasantosa
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Think better
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September 03, 2021, 12:26:10 AM |
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Many opinions say if bitcoin investment is profitable. but it would be nice if the new investor learns the right way to invest in bitcoin. because we don't know what will happen in the future. because in my opinion bitcoin has now reached a high price.
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Look Forward
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xmonkeyx
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September 03, 2021, 04:17:00 AM |
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I think in terms of time there is not the slightest tendency to invest in the crypto world, because for miners who want to be in the crypto world, it doesn't matter what time they want to invest, maybe the sooner the better, especially now that bitcoin is at low price then it can be said that this is a very good time
currently the price of bitcoin continues to increase and for people new to bitcoin the price of almost $50k is too high to invest with bitcoin prices moving very fast allowing investors to bear huge losses, that is the view of people who are new to bitcoin they are very afraid of high risk of loss to be faced. although any time is a good time to invest as you said I don't think it is, it is very risky to invest in high coin prices.
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leea-1334
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September 03, 2021, 08:01:56 AM |
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Well BTC is still below $50k now and it has been now 5 weeks in the 40-50 range, so you had plenty of time to get in. If you thought missing out on 30k is bad because we are at 40-50k,,, imagine how much more regret you will feel missing out at 48k when BTC is above 100k ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) You are saying it cannot really go up to 100k this year, why? Sometimes doubts will lead to regret and when the price of bitcoin is low but there are doubts about buying it and when the price rises slightly from the previous price it is still doubtful and will waste time which is actually a waste of time. you should take advantage when the bitcoin price is still 30k, 40k, 50k and find accurate news about bitcoin in the future, because many people are talking that bitcoin will reach 100k by the end of this year or early next year. I do not think this is about regret though,,, if you saw the response I was replying to the guy was quite optimistic, nothing about regret, but then he also said it could not really go up to 100k, so I wondered why there would be so much positivity on one side and yet not on the top end. Forget finding accurate news, man,,, this does not exist.
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pragna
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September 03, 2021, 11:43:26 AM |
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I think it was always best time to make investment into BTC and those who catch time right way, today they are gainer. No doubt that it will run 100m/h speed from now as huge investment came in pandemic situation. Now many many big investors come to stay here as they realize that tomorrows world would be crypto world and this is high time to catch the market.
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wack slacker
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September 03, 2021, 02:14:43 PM |
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If you are a long-term investor, you can buy Bitcoin at any time. As long as you buy Bitcoin every week or month continuously for several years, you will have a good average return on the next bull cycle. I recommend you to follow the charts and buy on the dips to maximize profits.
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clint25n
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September 03, 2021, 09:47:21 PM |
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maybe for novice miners they are in doubt about the current decline in bitcoin prices so they don't make these investments for now, but for miners who have been in the world for a long time this has often happened with the decline in bitcoin prices reaching their lowest point in right now, because for me it's better to buy at a high price than and at a low price
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ranaprime
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September 05, 2021, 05:18:00 PM |
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I haven't seen anyone like who has invested in Bitcoin and lost even after holding it for a long time. So buying Bitcoin coins at any time will be profitable if you can be a good holder. However, if you analysis the current market conditions and then purchase, comparatively you will get more profit.
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kayiboyu
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September 05, 2021, 06:59:20 PM |
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There is not a "best time" concept for me. Because we can't know when it is the best time to invest into Bitcoin. We just make some predictions and hope that it is the biggest opportunity for us. Honestly, I like to buy Bitcoin from various levels. I bought some when the price dropped down sharply to $30k. I bought when the price was at $40k and $50k levels also. After buying them, I set price goals for myself to sell most of my profit when it is time.
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Sanugarid
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September 06, 2021, 04:08:31 AM |
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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.
There's no thing such as perfect time to invest. No one knows what would be the future for BTC but we believe that it would yield to massive gain someday. So if you have enough money to invest in a particular coin then "now" is the best time. You could buy the dip if you have extra money but what's more important is you already have the coin and just waiting for the perfect time to take profit.
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leea-1334
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September 06, 2021, 08:17:04 AM |
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Actually in 2021 we have benefited from investing in bitcoin because for this year the increase in bitcoin prices is extraordinary and the achievement of new ATH for this year is beyond our previous predictions, so not a few old investors have now gotten satisfactory results, but for now it never hurts to invest in bitcoin because the price increase is happening so we still have a chance to get results.
Been active since 2016 and only for real since 2017 and I can safely say I have benefited all those years from Bitcoin,,, and only some of those months in altcoins. The best thing about Bitcoin for me personally is when the price is good,,, we are sitting on so much value dollar wise. When the price is bad, we can stock up so much more for the future. Hence, never a bad time.
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ranaprime
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September 06, 2021, 05:47:35 PM |
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Bitcoin will reach 100k it is only the prediction. So if you have bitcoin then you have to decide what should you do but according to my observation if you are free form financial crises then you can hold it for long time. I believe that bitcoin definitely today or tomorrow will reach 100k.
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Melody kdl
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September 09, 2021, 08:11:46 AM |
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Regardless of the price of btc, you can buy it at will. If you are a diamond hand and can hold Bitcoin for a long time, you do not need to care about short-term fluctuations and price drops, because Bitcoin fluctuations will not affect it. From a long-term trend, the price of Bitcoin will reach a new height within four years. You only need to look at the next four years, you can also buy and hold for a long time, but you only want to make a fortune from Bitcoin in a short period of time, which requires a long time to observe the trend of Bitcoin. When Bitcoin hits the bottom, buy it in time and sell it when it reaches a satisfactory price. But this is difficult, because many people will not really buy btc at a low point, or dare not buy it in the event of a sharp drop. This also requires luck and courage!
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proTECH77
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September 09, 2021, 04:51:56 PM |
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The best time to buy bitcoin is now. Since the price of BTC is still $35k, show that will are in the period to purchase bitcoin and hold for future Profit making. Many are still waiting for the price of bitcoin to decrease to $25k before they can buy BTC, which it will be difficult for the price of bitcoin to dump less than $30k in this season. According to some researcher, starting from next month the price of bitcoin will increase to $70k and continue stable in the market.
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Minecache
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September 09, 2021, 05:46:04 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.
There's no thing such as perfect time to invest. No one knows what would be the future for BTC but we believe that it would yield to massive gain someday. So if you have enough money to invest in a particular coin then "now" is the best time. You could buy the dip if you have extra money but what's more important is you already have the coin and just waiting for the perfect time to take profit. Actually, people should invest their money in Bitcoin as like they save their money for life insurance, In the future paper money will disappear and only electronic currency will be functional. As bitcoin is decentralized there is no doubt it will be dominant all over the electronic currency. If anyone wants to invest their money to buy a safe heaven asset then bitcoin should be a perfect choice. Don't search for perfect timing, buy bitcoin when you have money on your hand.
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lepbagong
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September 17, 2021, 12:34:02 PM |
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The best time to buy bitcoin is now. Since the price of BTC is still $35k, show that will are in the period to purchase bitcoin and hold for future Profit making. Many are still waiting for the price of bitcoin to decrease to $25k before they can buy BTC, which it will be difficult for the price of bitcoin to dump less than $30k in this season. According to some researcher, starting from next month the price of bitcoin will increase to $70k and continue stable in the market.
In fact, if it is specifically bitcoin, whenever you buy for long-term investments, you can be sure that you will always profit. because every bitcoin halving will increase and will reach renewable ATH and previous bitcoin holders can be sure to receive profit. but indeed the time is quite long so it takes funds that are not used so as not to interfere and there is no intention to change attitudes. but this treatment is definitely not for altcoins, because it is possible that altcoins will actually disappear from the market in the long run. but if the altcoin is in the top position, it is clearly still safe because it is still well managed and continues to be developed. so if you want to buy at a lower price for bitcoin it will definitely be better because the profit will definitely be bigger but don't expect bitcoin to drop below $30K it's unlikely to happen.
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Webetcoins
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September 18, 2021, 05:56:17 PM |
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In fact, if it is specifically bitcoin, whenever you buy for long-term investments, you can be sure that you will always profit. because every bitcoin halving will increase and will reach renewable ATH and previous bitcoin holders can be sure to receive profit. but indeed the time is quite long so it takes funds that are not used so as not to interfere and there is no intention to change attitudes.
but this treatment is definitely not for altcoins, because it is possible that altcoins will actually disappear from the market in the long run. but if the altcoin is in the top position, it is clearly still safe because it is still well managed and continues to be developed.
so if you want to buy at a lower price for bitcoin it will definitely be better because the profit will definitely be bigger but don't expect bitcoin to drop below $30K it's unlikely to happen.
For me, we are in buying until we have some very decent price range which is six figures because after this we can stop buying and wait for some time what happen may be many have different view but still it's good price just for long term investors because we have very good time for this. In recent time we have some big buying from big institutes which is doing some good and adoption is increasing very quickly price will also go up and then many will regret about this, just try to take advantage and buy your eggs on right time.
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blckhawk
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September 24, 2021, 11:36:41 AM |
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for rich people maybe this is the best time to invest in crypto but for small time investors and upcoming entrepreneurs then not so much, because the value of bitcoin is so high right now and you can't afford to buy one, the best strategy now is to trade coins then work your way up to bitcoin, so that the capital you are releasing is not that much.
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BuyingBitcoin
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September 24, 2021, 11:53:23 AM |
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When China FUDs that's when it's the best time to buy Bitcoin. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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