Need advice regarding buying

[GeorgeJohn]

Just responding to you through your topic sentence which actually called a headline, so come to my opinion, i think buying a cryptocurrencie or a particular cryptocurrency like bitcoin, what you have to do at first is to get the knowledge of how bitcoin is been stored or keep in wallet at first, because all this via knowing them will expand the knowledge of knowing when you can as well purchase bitcoin. So as a starter i will like you to buy when the price of coin is been depreciates in market value, so that by the end of the period of the investment they will be a profit. shall actually provided that you wants to invest via long time frame no amount you buy bitcoin you can't realize it in quantum's.

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[traderethereum]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».
Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.
What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

In my own assessment, the price of bitcoin for the last month the price moved only in between 55000$ to 63000$ something. And now when November came in the price suddenly moved again in between 60, 000$ to 68000$, and there is a prediction also that before end of this month the price will turn into 90,000$ something, So I think, the price value so far still cheap in my own opinion.

Actually, if we watch bitcoin price movement, the price increase steadily although not jump directly so I think it is good for the price to reach every high price step by step.
But a few days ago, we saw the price jump from a lower price to a higher price and reach $68k-$69k but then, the price is back to the lower price.
And now, the price is at $64k, which is good to buy or you can wait for a while because the trend is down and maybe there will be another correction that can come tomorrow.
If you are okay with buying right now and consider buying more if the price still goes down, that will be a good decision as you can have more bitcoin.

[BuNga_cute]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».
Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.
What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

In my own assessment, the price of bitcoin for the last month the price moved only in between 55000$ to 63000$ something. And now when November came in the price suddenly moved again in between 60, 000$ to 68000$, and there is a prediction also that before end of this month the price will turn into 90,000$ something, So I think, the price value so far still cheap in my own opinion.

Actually, if we watch bitcoin price movement, the price increase steadily although not jump directly so I think it is good for the price to reach every high price step by step.
But a few days ago, we saw the price jump from a lower price to a higher price and reach $68k-$69k but then, the price is back to the lower price.
And now, the price is at $64k, which is good to buy or you can wait for a while because the trend is down and maybe there will be another correction that can come tomorrow.
If you are okay with buying right now and consider buying more if the price still goes down, that will be a good decision as you can have more bitcoin.

Buying Bitcoin now is quite good in my opinion, because it is likely that the price of Bitcoin will indeed rise again in the near future.
So I highly recommend buying at a price of $63k-$65k, or if we want it to be safer, we can buy Bitcoin in stages. That means don't use
all the capital we have to buy Bitcoin at the current price, we can buy using 50% of the capital we have. We can save the rest first in stable coins,
so as not to be affected by a volatile market. If it turns out that the price of Bitcoin is getting lower below the price of $63k, we can buy
more Bitcoin with the remaining capital we have. But my prediction is that Bitcoin will not drop below the $60k price, because the Bitcoin support
price is very strong at $60k.

[SquallLeonhart]

Buying Bitcoin now is quite good in my opinion, because it is likely that the price of Bitcoin will indeed rise again in the near future.
So I highly recommend buying at a price of $63k-$65k, or if we want it to be safer, we can buy Bitcoin in stages. That means don't use all the capital we have to buy Bitcoin at the current price, we can buy using 50% of the capital we have. We can save the rest first in stable coins, so as not to be affected by a volatile market. If it turns out that the price of Bitcoin is getting lower below the price of $63k, we can buy more Bitcoin with the remaining capital we have. But my prediction is that Bitcoin will not drop below the $60k price, because the Bitcoin support
price is very strong at $60k.

Buying bitcoin is always good, I know that it drops time to time but reality is that we should always be glad that it is here, I do not understand why people are worried about the price dropping all the time, it is something that will happen eventually, all you have to do is just let it be and it will recover from that. I have been in this world for a very long time now, I started closer to the very first day of it then today, so when I tell this there is a merit to it; BITCOIN WILL GO UP. I do not even mean now, I mean that no matter what price you buy it, if you wait long enough then you will profit and that's all you need to care about, nothing else.

[Lanatsa]

Buying Bitcoin now is quite good in my opinion, because it is likely that the price of Bitcoin will indeed rise again in the near future.
So I highly recommend buying at a price of $63k-$65k, or if we want it to be safer, we can buy Bitcoin in stages. That means don't use all the capital we have to buy Bitcoin at the current price, we can buy using 50% of the capital we have. We can save the rest first in stable coins, so as not to be affected by a volatile market. If it turns out that the price of Bitcoin is getting lower below the price of $63k, we can buy more Bitcoin with the remaining capital we have. But my prediction is that Bitcoin will not drop below the $60k price, because the Bitcoin support
price is very strong at $60k.

Buying bitcoin is always good, I know that it drops time to time but reality is that we should always be glad that it is here, I do not understand why people are worried about the price dropping all the time, it is something that will happen eventually, all you have to do is just let it be and it will recover from that. I have been in this world for a very long time now, I started closer to the very first day of it then today, so when I tell this there is a merit to it; BITCOIN WILL GO UP. I do not even mean now, I mean that no matter what price you buy it, if you wait long enough then you will profit and that's all you need to care about, nothing else.

Yeah its always good but you should mind off about the risk because this is something that do need up some consideration because there's still some risk on such decision you would make.

Even though it is flying out with colors but doesn't mean that it would really guarantee out on the upcoming future years to come.
No one knows on what future holds.

IF you do believe Bitcoin that much then its your choice but don't go all in in regards on this one.

[traderethereum]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».
Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.
What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

In my own assessment, the price of bitcoin for the last month the price moved only in between 55000$ to 63000$ something. And now when November came in the price suddenly moved again in between 60, 000$ to 68000$, and there is a prediction also that before end of this month the price will turn into 90,000$ something, So I think, the price value so far still cheap in my own opinion.

Actually, if we watch bitcoin price movement, the price increase steadily although not jump directly so I think it is good for the price to reach every high price step by step.
But a few days ago, we saw the price jump from a lower price to a higher price and reach $68k-$69k but then, the price is back to the lower price.
And now, the price is at $64k, which is good to buy or you can wait for a while because the trend is down and maybe there will be another correction that can come tomorrow.
If you are okay with buying right now and consider buying more if the price still goes down, that will be a good decision as you can have more bitcoin.

Buying Bitcoin now is quite good in my opinion, because it is likely that the price of Bitcoin will indeed rise again in the near future.
So I highly recommend buying at a price of $63k-$65k, or if we want it to be safer, we can buy Bitcoin in stages. That means don't use
all the capital we have to buy Bitcoin at the current price, we can buy using 50% of the capital we have. We can save the rest first in stable coins,
so as not to be affected by a volatile market. If it turns out that the price of Bitcoin is getting lower below the price of $63k, we can buy
more Bitcoin with the remaining capital we have. But my prediction is that Bitcoin will not drop below the $60k price, because the Bitcoin support
price is very strong at $60k.

Yes, it is a good decision to buy bitcoin now but they do not have to buy at once because the price is still too volatile and can drop anytime.
They need to diversify their order buy too many low prices so they can get bitcoin at various low prices and if they can do that, they can do swing trading besides long term trading because that can give them a chance to make a profit in a short time.
I always suggested buying bitcoin in stages because that can reduce our panic when the price is down and we can get more amount at a low price.
Hopefully, $60k will be the support price to hold, not going down for more.

[Hippocrypto]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».
Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.
What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

In my own assessment, the price of bitcoin for the last month the price moved only in between 55000$ to 63000$ something. And now when November came in the price suddenly moved again in between 60, 000$ to 68000$, and there is a prediction also that before end of this month the price will turn into 90,000$ something, So I think, the price value so far still cheap in my own opinion.

Actually, if we watch bitcoin price movement, the price increase steadily although not jump directly so I think it is good for the price to reach every high price step by step.
But a few days ago, we saw the price jump from a lower price to a higher price and reach $68k-$69k but then, the price is back to the lower price.
And now, the price is at $64k, which is good to buy or you can wait for a while because the trend is down and maybe there will be another correction that can come tomorrow.
If you are okay with buying right now and consider buying more if the price still goes down, that will be a good decision as you can have more bitcoin.

Buying Bitcoin now is quite good in my opinion, because it is likely that the price of Bitcoin will indeed rise again in the near future.
So I highly recommend buying at a price of $63k-$65k, or if we want it to be safer, we can buy Bitcoin in stages. That means don't use
all the capital we have to buy Bitcoin at the current price, we can buy using 50% of the capital we have. We can save the rest first in stable coins,
so as not to be affected by a volatile market. If it turns out that the price of Bitcoin is getting lower below the price of $63k, we can buy
more Bitcoin with the remaining capital we have. But my prediction is that Bitcoin will not drop below the $60k price, because the Bitcoin support
price is very strong at $60k.

Yes, it is a good decision to buy bitcoin now but they do not have to buy at once because the price is still too volatile and can drop anytime.
They need to diversify their order buy too many low prices so they can get bitcoin at various low prices and if they can do that, they can do swing trading besides long term trading because that can give them a chance to make a profit in a short time.
I always suggested buying bitcoin in stages because that can reduce our panic when the price is down and we can get more amount at a low price.
Hopefully, $60k will be the support price to hold, not going down for more.

Indeed. Make sure if you'll going to buy, buy it during dip and sell if when prices pump. Buying Bitcoin now is quite good in my opinion, because it is likely that the price of Bitcoin will indeed rise again in the near future. But, you should mind off about the risk because this is something that do need up some consideration because there's still some risk on such decision you would make.

[danherbias07]

You are looking in 1 Bitcoin over 21 million of it or right now I think 18m in circulation. You might want to look at the other side of it by satoshis.
Waiting might get you in trouble of missing out on the boat and then regretting it in the long run. I think most users here do feel that and some even made a thread about it.
Now, if you really know where the market will flow, you can wait. If you think the price will still move down at a substantial amount then go wait for it.
But if you don't have any idea about it then just buy and let the future decide where it will go which IMO will go north.

[Mpamaegbu]

What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

I know, a lot of people have opined that it doesn't really matter what price you're buying provided you're in it for the long haul. However, nothing says you can't wait and get in at a better entry which should be a lower price compared to what it's at the moment to get more value. For me, I think you should wait for dump to the $57k-58k region to buy in. Don't doubt, Bitcoin is likely to get there to retest that region before pushing up to a new ATH. In the crypto industry, patience is a virtue.

[Eureka_07]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».


Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

My last buy of bitcoin was when it is at the price of $50k, after that I didn't buy any single bitcoin.
My plan is to purchase more when the price is less than $50k.

Seems like you'll be fine, goodluck on trading

[savetheFORUM]

I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

What makes you to stop right now from buying bitcoin because there are lots of speculations about getting into $80k to $95k price levels in coming months hence when considering such big price price levels, you must keep on buying as per your initial plans because that alone will get you best of doing DCA.

For averaging your buying price levels, no prices are high or low to keep on buying. The main purpose of DCA is, not missing out dips compared to future prices. So, you need to keep on buying regularly so that you could enjoy big profits when bitcoin attains its final ATH.

[fullhdpixel]

For averaging your buying price levels, no prices are high or low to keep on buying. The main purpose of DCA is, not missing out dips compared to future prices. So, you need to keep on buying regularly so that you could enjoy big profits when bitcoin attains its final ATH.

I agree stopping in the middle will definitely ruin the purpose of doing dollar cost averaging. Practically you will be feeling good when you are buying at lower than your previous buy levels and at the same time when you keep on buying and you happen to buy at higher than your previous buy levels then you may not feel good which is the reason some people are having small pause in their DCA plans.

If you are not comfortable with your regular buying then you may save money with the expectation of dips to happen. Sometimes your wait might last infinitely which is the reason regular buying without comparing price levels is highly recommended as that alone will serve the purpose of the DCA.

[Issa56]

From my believe I think Bitcoin is still very cheap of you are holding for long term, if you are holding for long term you don't have to be scared of buying bitcon you don't have to be scared of drop in price that's happening currently just buy and hold but if you are short trader you have to study the chart carefully.

[sheenshane]

What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

Yeah, have a great day same as you.
First, there's no point in waiting, you can invest any time you want but with this bullish trend, I suggest not to invest all your money, only the amount that you can afford.  Because we don't know what will happen next, Bitcoin price could be reached at $100k within this year or next year, so nobody knows when it will exactly happen, and if you invested at $65k and when next month Bitcoin price reaches $100k, for sure there's your profit in that way.  Just buy what you can afford because nobody can answer your question since it's unpredictable the price.

There's a lot of people still buying at this point and most of them are hoarding Bitcoin.  If you always doubt the price that it will drop and see the market that we are again in the bullish trend, it's hard for you to jump in.  Invest at your own risk.

[Vaculin]

What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

Yeah, have a great day same as you.
First, there's no point in waiting, you can invest any time you want but with this bullish trend, I suggest not to invest all your money, only the amount that you can afford.  Because we don't know what will happen next, Bitcoin price could be reached at $100k within this year or next year, so nobody knows when it will exactly happen, and if you invested at $65k and when next month Bitcoin price reaches $100k, for sure there's your profit in that way.  Just buy what you can afford because nobody can answer your question since it's unpredictable the price.

There's a lot of people still buying at this point and most of them are hoarding Bitcoin.  If you always doubt the price that it will drop and see the market that we are again in the bullish trend, it's hard for you to jump in.  Invest at your own risk.

It's always your own choice actually whether you take the risk buying at its peak or maybe wait for a while because certainly, there will be an incoming price correction whether we like it or not. For me, knowing bitcoin price will keep on moving upward despite of the price correction, if you really have the budget then why not? If you don't want to miss opportunities like this, then go for it, but you should know how to deal its high risk. But if you are quite hesitant with its current price, then you can also wait for a price correction to appear so that the price will dump a little and you can make a big purchase that will eventually give you massive profits in time.

[worle1bm]

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».


Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

I am just holding my coins at this time from the past investment and just have bought some at $60k also few time back but not having any extra funds to put them at this time into Bitcoin.But you have made good decision of investing through DCA which will help you to gain more profits but you should continue your journey with these prices also because soon we are going above this and you will be in benefits if you hold them for long term.So continue with small amounts if you can and don't doubt btc as it will recover and give you profits.

[GeorgeJohn]

From my believe I think Bitcoin is still very cheap of you are holding for long term, if you are holding for long term you don't have to be scared of buying bitcon you don't have to be scared of drop in price that's happening currently just buy and hold but if you are short trader you have to study the chart carefully.

you are right because bitcoin now hour days don't have any important lost lost if you buy and keep for long time, the only people i can say very well that can get lost in bitcoin investment is people that buy and refused to hold for long term period, if you sell when the price is fluctuating is obvious that you will automatically lose, pure investors don't invest large quantities of finance into bitcoin knowing that they are not going lose actually, they is hope bitcoin investors.

[TheGreatPython]

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».

What people here ate suggesting must be the best one to everyone and to be followed. Because, we cannot be sure about how long the current ATH will persist. Definitely it will get broken and bitcoin market will set another new ATH at any time in near future. So in order to to keep covering the upcoming bull run you must need to keep on buying at regular intervals rather than hesitating to buy around the current ATH.

DCA is a practice which will help you to build your portfolio to be good only in long run. And in short run, DCA may not look like a profitable one as you need to keep buying rather than figuring out a bottom prices to buy. DCA is a best one for the people who are not into technical analysis.

[Kelvinid]

Being wise when it comes to investing is very important. if we aim high, why not be able to wait until the market is in correction, that I know it won't take too long to wait. To buy during the uptrend motion is not that ideal and a risk-taking move. Patience is the most common probably, and this is also the reason why many were in suffering losses than getting a profit.

So I would advise you to control your emotion. Though we can't find a perfect timing when to buy but much better to do this when bearish or just even have short corrections.

[lienfaye]

The current price is quite expensive already for me to buy, so for now I just keep holding and waiting for a correction before making a decision.

But each of us has different preferences, some of us (like me) decided to wait for a perfect time to buy while some continue to accumulate since they're not aiming for a short term profit. Because if you plan to hold for long period you can buy anytime since we dont know whats going to be the price in the near future. The price can double or triple who knows, its not a guarantee but there's a possibility. Thus the decision depends on how long you plan to hold.