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Author Topic: WHEN DO YOU BUY BITCOIN?  (Read 1056 times)
95Bolu (OP)
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November 28, 2021, 12:41:35 AM
 #1

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?

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November 28, 2021, 12:48:00 AM
 #2

In the past buying a dip, dcaing or just putting all in at once have all been successful in the past.

It might not be wise to put too much in anyway but to scope of the market it might be easier to analyse.

Most investments depend on when you'll get the money as to when you'll invest it - for most assets, buying the dips can net higher returns than dcaing but take more tracking/watching to do.
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November 28, 2021, 01:06:57 AM
 #3


Yes DCA is one of the best ways to get BTC. But you may try selling when it goes to the ATH and then back to DCA again when it hits the bottom. Although you may see it will disappoint you when the price continues to rocket after you sell, you can still go back to DCA as you wait for another dip. Buying at every dip is effective since the BTC is proven to spike every time.

It will run your patience out when we are in the bear market though. Unless you don't have any other funds and spend it. When you are out of the loop, you will need another fund to get in that's hard to do than finding a job.

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November 28, 2021, 01:18:49 AM
Merited by pooya87 (2), Coin-1 (1)
 #4

Well, here are the tricks that I've followed. If you want to buy $100 worth of BTC. Wait for a deep. If you see a dip, don't go all in. You can buy $30 worth of BTC. If it pumps, waits for a correction. If it deeps further buy more than $30 worth of BTC. Repeat the same process as long as you want to buy.

Here are another Tips, never sell in the loss. Suppose you bought some BTC on its All-time high. Don't panic and don't sell until it makes another All-time high.

Usually, I follow these steps. Don't go all in. Neither for cash out. Suppose you bought BTC at $50K. BTC hit its another all-time high of $80K Don't sell 100% of your portfolio to gain as much profit as possible. Who knows? It could hit another all-time high. Always buy partial amount, and sell partial amount. Never go for all in.

Hmm, Watching The dip without money hurts most.


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November 28, 2021, 01:55:30 AM
 #5

My first entry into the crypto currency market is by the bitcoin.  This was the first coin i purchased. And after that i purchased so many coins . Approximately i purchased about 2 yeàr's ago . And i was very happy to having crypto. And being a crypto holder.

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November 28, 2021, 02:01:11 AM
 #6

The main thing is that you have money and Surely we are all familiar with #BuytheDip that is heard on almost all social media today.
Buy dips to maximize profits when prices rise again. everyone has their own speculation and analysis if you believe bitcoin will drop to >30% then go ahead.
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November 28, 2021, 03:43:11 AM
Merited by pooya87 (1)
 #7

If that is about when to buy bitcoin, it will depend on your plan because some traders will start to buy bitcoin when the price is down by more than 1% and wait for a while and sell it when the price increases than the price he bought to take profit. If you want to hold your bitcoin, you can buy at any low price and hold it but it is better to buy at the dip and that is really difficult to know when the dip is coming. It needs more practice to know when the dip comes and more things in analysis to determine it.

If the price is at $54,300 and then the price is down for $$53,800, you can set your buy price at $53,500-$53,750 depending on where the trend will go. You can place some order buy and wait until your order is filled. If the price starts to bounce after reaching $53,600 and back to $54,500, then you are making a profit. But that will not always be like that since we know that the bitcoin movement is too volatile.

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November 28, 2021, 04:03:10 AM
 #8

I buy when I feel that is a dip. I sell when I have profit. That's how I deal with Bitcoin. But the question is where is the dip will exist forever. We don't have an answer to this question. But should remember, we can't expect to buy an exact dip. Only a few lucky traders would do that since we failed to determine the dip. Here we have to take the real-time decision based on our previous experience. But sadly when I take an entry, Bitcoin starts to dump more from that point LOL. So automatically I become a holder.

The most important is to invest that you can afford the loss. Because we don't know when the price will bump again, up to when we have to wait and hold. So during holding, you should manage your daily needs without selling Bitcoin. Otherwise, if you have to sell it in emergencies, means you have to lose your capital.

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November 28, 2021, 04:14:41 AM
 #9

What is your strategy to buy bitcoin?



The last time I bought it was around 2016. After that I tried to double it by trading. Until now I no longer buy it, even I still continue to try to multiply it by utilizing its fotality. Even now if I have large funds maybe I will leave immediately, after that I will increase the amount continuously.
But if you are not sure then you need to learn to analyst, maybe you will get a lot of BTC if you buy at a lower price. You can also pay attention to the BTC cycle to buy in the dip positions.

R


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November 28, 2021, 05:54:21 AM
 #10

At one point or the other, we all need to buy bitcoin
No you don't "need to" buy bitcoin!

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but when do you actually buy it? or when is the best moment to buy bitcoin?
Short answer: whenever you have some extra money laying around.

Quote
For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?
It depend on whether you are buying bitcoin with a long term view or you are just day trading for short term profits.
If it is the former then you shouldn't concern yourself with "dips" that much even though it is preferable to do. The problem is that you may keep waiting for a >30% dip while price keeps going up so you end up not buying at for example $3200 while you watch the price reach $7000 then decide to buy!

If it is the later then you want to always wait for the best entry point because you would also exit soon after (to get the profit out as a day trader). But that requires a lot of market analysis and the size of the dip depends on market situation, it is not going to be a fixed number.

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What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?
Normally you don't buy altcoins with money, you buy them with bitcoin and also normally when you want to dump them and get out you convert them back to bitcoin directly.
This way you avoid additional exchange or even withdrawal fees.

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November 28, 2021, 06:15:41 AM
 #11

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?
Just like what most says , Buy Dip sell High. but of course this is depend on your preferences .
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For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?
You must save of course so you will always ready when to buy, looking for 15% deep is just like buying instantly so try to buy when you feel
like market will start to Bump.
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Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?


If you are good in finding a Altcoin that will Boom then why asking those question here? why need to buy bitcoin if you can manage
to make money in altcoins? looks like contradicting .

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November 28, 2021, 06:36:19 AM
 #12

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?


You could buy btc or not as this all depends upon your wish and how your want to utilize your funds and it's totally optional to invest in btc depending on your preferences.

No DCA is one of the best way to invest in bitcoin as you have $200 to invest and you could invest them proportionally over time which could help you to accumulate more as you buy them at different prices and it is opted by many investors.

Taking profits from altcoins is very difficult because most of them don't have any but simply go for Bitcoin and take profits from it only by holding for some time and that's best.

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Yudha2015
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November 28, 2021, 07:01:42 AM
 #13

Buy when btc going down. I think potential coin not only btc, other coin also can give us a huge profit.
Me too.. I don't know when the right time to buy altcoin or btc.
We need learn more about news, thecnical, fundamental, etc.
Learn in crypto was not easy for me.

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BuyingBitcoin
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November 28, 2021, 07:34:28 AM
 #14

Buying the dip during a bull market is different than buying the dip during a bear market. It dips 1 to 3 times in a bull market vs it dips 3 to 6 times during a bear market. The numbers aren't exactly this is just an estimate from what I seen.
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November 28, 2021, 07:38:31 AM
 #15

Well, here are the tricks that I've followed. If you want to buy $100 worth of BTC. Wait for a deep. If you see a dip, don't go all in. You can buy $30 worth of BTC. If it pumps, waits for a correction. If it deeps further buy more than $30 worth of BTC. Repeat the same process as long as you want to buy.

Here are another Tips, never sell in the loss. Suppose you bought some BTC on its All-time high. Don't panic and don't sell until it makes another All-time high.

Usually, I follow these steps. Don't go all in. Neither for cash out. Suppose you bought BTC at $50K. BTC hit its another all-time high of $80K Don't sell 100% of your portfolio to gain as much profit as possible. Who knows? It could hit another all-time high. Always buy partial amount, and sell partial amount. Never go for all in.

Hmm, Watching The dip without money hurts most.


It may be true in current market that if you buy at ATH then you may wait for next ATH, as we are seeing ATH at regular intervals. But those who buy at ATH in 2017 have no other option but to sell in loss or wait for indefinite period of time. My strategy is not to buy at ATH or when coins are at there peak.

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November 28, 2021, 08:20:09 AM
 #16

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?





THIS....

you must save more money while expecting the DIP so when it comes you can buy what ever or how much you wanted.

Bitcoin is the safest currency you can invest so best to be ready or be sad sooner.
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November 28, 2021, 08:29:01 AM
 #17

Buying the dip during a bull market is different than buying the dip during a bear market. It dips 1 to 3 times in a bull market vs it dips 3 to 6 times during a bear market. The numbers aren't exactly this is just an estimate from what I seen.

In bear markets dip are of longer duration as compared to dips in bull market. For instance see current market, dips are only for few days before market regains the momentum. So we can't compare bear and bull market dips equally. Buying when everyone fears to buy ( as quoted by Warren buffet) is the best strategy.

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November 28, 2021, 08:33:52 AM
 #18

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?


You can buy it at any point that you want. It's not only when it dips from 1%-15% or up to 30%. Any price that you think is a good buy, you should buy. The point of setting a price is the plan of being long in bitcoin. These drops are just mere points because you have a higher price to sell in the future. DCA is actually a good metric upon buying so that you won't miss every point of the drop. You buy every drop and buy as much as you can, that's the point because you're long term and you're going to sell higher than the price you've bought it.

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November 28, 2021, 08:52:25 AM
 #19

Buying the dip during a bull market is different than buying the dip during a bear market. It dips 1 to 3 times in a bull market vs it dips 3 to 6 times during a bear market. The numbers aren't exactly this is just an estimate from what I seen.

In bear markets dip are of longer duration as compared to dips in bull market. For instance see current market, dips are only for few days before market regains the momentum. So we can't compare bear and bull market dips equally. Buying when everyone fears to buy ( as quoted by Warren buffet) is the best strategy.

The decline in the bear market is longer because the trend is a downtrend, so the price increase that occurs is only a price correction and after that there will be a deeper decline. lucky traders are those who invest and get prices in the trend reversal area, so that more profits will be made

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November 28, 2021, 09:07:50 AM
 #20

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?



You look too much confused and due to this you will never be able to invest. First you should invest come portion of your money in bitcoin and do can do DCA also if it comes down.
Some portion may be invested in the altcoins and you can use the profit from the alts to buy more bitcoins.

If you do not buy at present, and wait for more dip, you will just keep on waiting and will never be able to buy.

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November 28, 2021, 09:40:09 AM
 #21

The thing is that it depends on you, and what strategy actually works for you, imo, I believe Bitcoin to be a long term project that even if its price plunges, it would still rise back up again, thus if you're a long term investor, everytime is a good time to buy Bitcoin, you can decide to buy gradually at intervals, or buy a large amount all at once, that depends on your financial capability.

Well, if you're new to the network and you prolly can't handle too much pressure as a result of volatility, you can buy when there is a fall in the price/dip, cause most times when newcomers buy when the price is up, they tend to sell out of panic when there is a correction period. Having said that, just do your research generally about the network, highlighting what strategy actually works/suit you, do not hastily copy the strategy of others, it could be unsuitable when you apply it to your investment.
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November 28, 2021, 10:07:27 AM
 #22

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?




Try with some altcoin to gain profit for more BTC Grin Grin
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November 28, 2021, 10:37:06 AM
 #23

I usually buy any crypto currency when the value is low as like other do yes. But as market is volatile, we may not buy the concern coin at the value we placed the trade for. So, have cancelled buy orders many times and have bought for the price which was available at the time I bought. Many say, do not wait for price to go down to buy when its a best crypto coin. Just buy it at any time so that we do not miss it if the price goes up.

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November 28, 2021, 10:50:24 AM
 #24

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?


I still believe in Buying when the market is falling and selling when the market Bumped.

But previously i stopped buying and selling instead i focus in Holding , as i bought my coins almost half of the price now so basically i am in profit?
but No i will keep the holding till the time i decided to sell and that is 3 years from now.

I usually buy any crypto currency when the value is low as like other do yes. But as market is volatile, we may not buy the concern coin at the value we placed the trade for. So, have cancelled buy orders many times and have bought for the price which was available at the time I bought. Many say, do not wait for price to go down to buy when its a best crypto coin. Just buy it at any time so that we do not miss it if the price goes up.
Thats the most popular strategy and answer, Buy Low Sell High .









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November 28, 2021, 10:56:30 AM
 #25

I usually buy any crypto currency when the value is low as like other do yes. But as market is volatile, we may not buy the concern coin at the value we placed the trade for. So, have cancelled buy orders many times and have bought for the price which was available at the time I bought. Many say, do not wait for price to go down to buy when its a best crypto coin. Just buy it at any time so that we do not miss it if the price goes up.
This is good action to do since buying at the dump is best decision to be made by traders since if we buy at the top and suddenly the dump came then provably we will go crazy especially if we don't have any experience. But if we cannot avoid this since we are new then maybe let this be a good reminder that never buy if many people hype bitcoin although sometimes there are instance that we can earn but for sure this is for short term only.

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November 28, 2021, 11:23:19 AM
 #26

Honestly, it is difficult to predict when it will be a benificial dip especially if you are new to trading. I still have those panic events where I targeted a percentile and bought some and it continued to dip. I was like damn, should have waited a bit more. But hey, patience what we need. Just manage the rest.
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November 28, 2021, 11:23:28 AM
 #27

To buy bitcoin at this time we have to spend quite a lot of capital, then the best way to get bitcoin of course we have to follow the reward that pays by using bitcoin, and we can also collect from investing in altcoins that have the potential and profits that we get directly we make bitcoin as a future asset, then in this case we need a long time, But if we have more savings in everyday life then it never hurts to buy bitcoin as a future asset.

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November 28, 2021, 11:37:32 AM
 #28

I was asked exactly this question by my next door neighbor, that know I am into crypto as we hang out from time to time and since he is IT guy, that topic eventually popped up.

Since he has regular income and decent salary but not much money saved as he had some big expenses recently, I suggested him to start buying bitcoin using dollar cost average method, investing basically as  much as he can afford without cutting something important. In the end he decided to invest like 100 euro on the bi-weekly basis. Worst of all, we had exactly the same convo like year and half ago when I told him to start slowly using DCA method, but many like him though that it's too late now (back then BTC was around $10k).

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November 28, 2021, 11:54:46 AM
 #29

I'm not thinking of buying and selling again just because of volatile market conditions.
I buy bitcoins whenever I want. and do not look at the price and market situation. because I believe in bitcoin for future assets that I will own for a long time.
in contrast to altcoins, which I trade more frequently and invest in the medium term. It's not that I don't believe in altcoins, but I make a short-term investment plan and the trades I do are only for altcoins.
I bought bitcoin in 2018. and I still keep it without subtraction or addition. not a huge amount, but I am very committed to my investment in bitcoin.
while what I earn from the campaign I will spin it for short trades. sometimes it runs out on a gambling site  Cheesy



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November 28, 2021, 11:57:33 AM
 #30

Thats the most popular strategy and answer, Buy Low Sell High .
This is prolly a strategy that has worked for many investors for quite a long time now, but mind you that most times, especially with good coins, you could be waiting for a dump in order to buy, but during that time, the coin keeps appreciating and you could have made profits if you had bought earlier, that's the reason why when I'm asked such as question as this, I usually try to know the coin it is that the investor actually wants to put some of his or her money into, if it's a pump and dump/lottery coin, then never buy it when the price is high, cause that could be the end of the pump, and it starts to dump immediately you buy, causing you losses, but if it's a coin that has an actual use case and after your research, you're sure it's going to be around for the long term, then you can buy low or high, it really doesn't matter, so long as you've made up your mind to hodl for the long period/time.
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November 28, 2021, 12:02:38 PM
 #31

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?


Right now I don't think too much about buy bitcoin, and the mathematics of holding on a buying Bitcoin in the dip and all that, I just right now want to have every penny make to be in Bitcoin if it's possible, I think if we all can earn in Bitcoin from now in less than five years we should have an adoption, you can get straight forward answers on google, online or here, but the intentions/expectations when buy bitcoin like that may not be the outcome, and trust me you may never adopt/accept crypto-currency anymore.

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November 28, 2021, 12:19:54 PM
 #32

I was asked exactly this question by my next door neighbor, that know I am into crypto as we hang out from time to time and since he is IT guy, that topic eventually popped up.

Since he has regular income and decent salary but not much money saved as he had some big expenses recently, I suggested him to start buying bitcoin using dollar cost average method, investing basically as  much as he can afford without cutting something important. In the end he decided to invest like 100 euro on the bi-weekly basis. Worst of all, we had exactly the same convo like year and half ago when I told him to start slowly using DCA method, but many like him though that it's too late now (back then BTC was around $10k).

Haha. I think this is the most frequently asked question for us. I am in crypto since 2013. But most of the time I didn't HOLD my coins. I regret this. I don't know what is Dollar-cost average method is. But, As I mentioned before, I do this to buy BTC,

Quote
Well, here are the tricks that I've followed. If you want to buy $100 worth of BTC. Wait for a deep. If you see a dip, don't go all in. You can buy $30 worth of BTC. If it pumps, waits for a correction. If it deeps further buy more than $30 worth of BTC. Repeat the same process as long as you want to buy.

Here are another Tips, never sell in the loss. Suppose you bought some BTC on its All-time high. Don't panic and don't sell until it makes another All-time high.

Usually, I follow these steps. Don't go all in. Neither for cash out. Suppose you bought BTC at $50K. BTC hit its another all-time high of $80K Don't sell 100% of your portfolio to gain as much profit as possible. Who knows? It could hit another all-time high. Always buy partial amount, and sell partial amount. Never go for all in.

Here, $100 is just an example number. I am mining ETH With my 180 Mhs tiny rigs and turning it into BTC every week. IDK How long I will do this. But I follow a few quotes by others like "Never sell on loss. HODL until your coin makes a profit" Another is, "Sell when everyone buying on peak, And Buy when everyone selling on Dip" My friends are always curious about WTF I am doing with Bitcoin. They just know that Bitcoin is a cryptocurrency that can be used for gambling. that's it. my country doesn't support crypto payment yet. So, I frequently was asked that question.

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November 28, 2021, 12:30:09 PM
 #33

I'm not thinking of buying and selling again just because of volatile market conditions.
I buy bitcoins whenever I want. and do not look at the price and market situation. because I believe in bitcoin for future assets that I will own for a long time.
in contrast to altcoins, which I trade more frequently and invest in the medium term. It's not that I don't believe in altcoins, but I make a short-term investment plan and the trades I do are only for altcoins.
I bought bitcoin in 2018. and I still keep it without subtraction or addition. not a huge amount, but I am very committed to my investment in bitcoin.
while what I earn from the campaign I will spin it for short trades. sometimes it runs out on a gambling site  Cheesy

Indeed Bitcoin is very good for long-term investment, so we can buy Bitcoin at any price, the most important thing is that we buy Bitcoin regularly.
This means that we can buy Bitcoin every month from some of the income we get. If we can consistently buy Bitcoin every month and do it for up
to 3-5 years. I believe when Bitcoin goes up in price it can make us make big profits. But it is very difficult to hold Bitcoin for the long term,
because often we have an urgent need and require to sell the Bitcoins that we have collected. That's why it's important to find extra income,
so that we can save for urgent needs and not interfere with money for investing in Bitcoin.

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November 28, 2021, 12:37:15 PM
 #34

Waiting for the right moment when buying bitcoins is crucial for your profit in the future because when you are about to buy bitcoin at its ATH, you only have a lower probability to get some profit from it. Now if we wait for the price to decrease, you also need to timing when will it stop decreasing in order to assure that you will get the maximum profit when the price is starting to rise again. That's how simple it works but the volatility is still there so be careful when you invest, use only the money that you won't care to lose when the market is not going the way you want it.

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November 28, 2021, 12:39:51 PM
 #35

Lots of ways and theories to buy Bitcoin, DCA and BTD are popular and very worthwhile
options. Buying low and then Selling at the highs are great if you are experienced in
trading and can do your own market analysis, otherwise its a guessing game and
you can lose Bitcoin.

What I have done to date is:

Cut out buying stuff you dont need and use those funds to buy BTC

Sell stuff you dont use and buy BTC

Borrow FIAT to buy BTC (this is only viable IMO at strategic times, like just after a halving)

BTD and DCA


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November 28, 2021, 01:40:56 PM
Last edit: November 28, 2021, 04:23:09 PM by LittleBitFunny
 #36

-snip
If you do not buy at present, and wait for more dip, you will just keep on waiting and will never be able to buy.

Very reasonable, Bitcoin will no longer be bought if you continuously waiting for the correction. because no one knows where Actual Dip is. And just being in the mood for catching the lowest Dip , also affects the daily work. It is best not to wait too much for the Dip and everyone should buy Bitcoin instantly whenever the opportunity arises. If the amount is high then DCA investment strategy can be applied, but losing time with anxiety for "Dip" seems foolish to me. The main concern here is that no matter what the buying price is, it can never be sold at a Loss, you have to wait for ATH and be patient to hold on until profit is made.

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November 28, 2021, 02:16:45 PM
 #37

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

each person has its own strategy, for example you can expect the price to fall a lot like now, then do a technical analysis and see if the price is consolidating in an important support in order to gain momentum to reverse the price and start rising, at this time of accumulation you can buy, even if you want to buy to make long term hodl it is important to do technical analysis and buy as low as possible.

I'll give you an example with the current scenario:

- you can expect the price to fall below $52500 and you would buy at $47000, $44000 or $39000, then you would buy at $37000, and then at $32000 and then at $29500. always buy from important supports with every drop, even if you want to hodl for the long term.

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November 28, 2021, 02:24:31 PM
 #38

it depends on the strategy you have buddy. when is the right time to buy it, whether it's when it's down 15%, or when it's down 30%.
Personally, if I aim to own a coin, then I will continue to invest no matter what the price is at that time. this strategy I have I did on ethereum when the price was still quite cheap. and when the price is high enough, I already have enough ethereum.
well, many people say that anytime is the right time to invest, but it all comes down to how you manage it. If you believe the price will drop by 30% then you need to wait for it with the risk that when the price goes up, you will be late. however, if you don't mind it for now, even now you can do it.

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November 28, 2021, 02:25:12 PM
 #39

If you are investing in bitcoin for the long term, this is a very good time before bitcoin breaks through new ATH. but if you want to invest in bitcoin in the short term, just wait for the weekly market price correction and you don't need to wait for the long market price correction, because it's difficult to predict when it will happen.

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November 28, 2021, 02:27:45 PM
 #40

At one point or the other, we all need to buy bitcoin
No you don't "need to" buy bitcoin!
I agree with this. It depends on how long you've been here, what your activities are, as well as on your priorities. I've been here for 6 years, and I've never bought Bitcoin. I got all of it from signature campaigns and other things like competitions on this forum. I know a friend who's been here longer and managed to save up 1 Bitcoin on signature campaigns and faucets from earlier days. My current strategy is to hodl when I can and sell when I have to, but if there were a way to spend Bitcoin directly on things I actually buy and need, I'd do that instead of selling. I cared about the price in 2017-2018, but I moved past that since, to be honest. So I don't pay attention if it's a dip or not. I act based on my needs.

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November 28, 2021, 02:30:07 PM
 #41

When the Market dumps and Bitcoin price drops this is the right time to buy Bitcoin. If you have already bought Bitcoin at a high price, don't panic when the market suddenly drops. Just hold it for a while because later you will get a profit. Don't just sell it at a low price because you can't stand market conditions that don't show any movement to go up.Therefore, it is very important that you can control your emotions well, especially in such circumstances.
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November 28, 2021, 03:03:05 PM
Merited by naim027 (1)
 #42

Haha. I think this is the most frequently asked question for us. I am in crypto since 2013. But most of the time I didn't HOLD my coins. I regret this.
Rare are those that managed to HODL since 2013 without selling anything so you shouldn't beat yourself about it. I enetered crypto at similar time (late 2013) and also had to sell some of my crypto from time to time, sometimes even when price was really low but that's just how it goes. Luckily, I only sold the bare minimum I had to due some unforeseen expenses so I managed to hodl majority


I don't know what is Dollar-cost average method is. But, As I mentioned before, I do this to buy BTC,
So, lets say that you want to buy BTC for 1200 USD, but you don't really feel like giving all the money at once so what you can do instead is to divide that money and buy let's say 100 USD worth of BTC each month, no matter the price. That way you are averaging your entry price and you reduce  impact of volatility. It takes some patience though, but in the long run it works 100% of the time. Well, when it comes to BTC at least, I would never use that method for any other cryptocurrency.

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November 28, 2021, 03:27:50 PM
 #43

Now I think is the right time or make purchases gradually in each drop.

because the market is undergoing a massive correction and there will be regrets if we do not take advantage of it well, because the price of bitcoin is not easy to predict, but we can judge developments that occur in the future.
and besides what happened to the bitcoin movement that has happened will definitely happen again and history will repeat itself.
If we believe in bitcoin then we must take advantage of the decline wisely, so as not to miss the best moment to make a purchase and plan for the long term.

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November 28, 2021, 03:28:15 PM
 #44

Quote
At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

I normally buy huge amount of bitcoin end of the month which has been helping me to grow higher in profit making. Since  I started this strategy over some years now, it always help me to achieve good profits from my investments.
The best moment to buy bitcoin is when the price reduce in the market, show is time to buy bitcoin and hold for future profit making. The moment you see more customers purchasing more bitcoin at a particular time or season show it is time to buy bitcoin for future purpose.

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November 28, 2021, 03:38:10 PM
 #45

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?


I don't know how to decide when is dip, and sometimes i asked my friend and he give signal to the others too when it is good to buy bitcoin at that time (every movement). I know it is bad to keep relying on other people but i will agree with major drop because with price of bitcoin now, we need higher spread more than 10% if want to made a good profit.

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November 28, 2021, 03:56:11 PM
 #46

At every little dip I suppose, I mean to an ordinary investor who has no clue how to study the chart or TA the easiest method would be to buy from every time the price dip, it could be a small amount in case it will dip even further down, in my case, I don't invest much on btc for now, I focus more on alts since it has greater chances of roi than btc with little capital.
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November 28, 2021, 04:34:20 PM
 #47

I always apply simple logic and strategy in Bitcoin investment. I usually buy during the dip and when most investors are doing panic selling. Whenever I take profit as I reached my target goal, I save it for another reinvestment during the dip. I don't have any specific target price but I only take advantage of the dip while most investors are panicking.
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November 28, 2021, 04:40:28 PM
 #48

Haha. I think this is the most frequently asked question for us. I am in crypto since 2013. But most of the time I didn't HOLD my coins. I regret this.
Rare are those that managed to HODL since 2013 without selling anything so you shouldn't beat yourself about it. I enetered crypto at similar time (late 2013) and also had to sell some of my crypto from time to time, sometimes even when price was really low but that's just how it goes. Luckily, I only sold the bare minimum I had to due some unforeseen expenses so I managed to hodl majority



Yea I dont think there are many who have full access to their wallets who have
not spent a portion of their Bitcoin either willingly or reluctantly but there are
always opportunities to buy back and in a couple of years we will be happy we took
all the opportunities to buy and HODL

R


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November 28, 2021, 05:21:52 PM
 #49

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?


in my personal opinion probably i will wait until it shows a good trend.. I mean a sign of strong up trend not during the correction because i dont have a large of capital to invest so if however it continue to make correction my money is safe, lol  it's quite skeptical in my situation to be honest because for sure if it will go below 50k soon and i put my investment very ealry for sure it will end up nothing.. So too good to be true, even i know a lot of investors accumulating now since bitcoin showing a consolidation around the current price. For me it still good to wait for more results to assure everything will gonna be alright..
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November 28, 2021, 06:33:13 PM
 #50

I think everyone is interested in buying bitcoin but many people can't afford it because of its high price. But I believe in that. That is to say, it is better to first invest in a potential altcoin and then buy bitcoin from a dip. Just need to wait for some times observing the current market situation before investing.
If any one wait for the dip then definitely they will get the position.
Umm... Do you really need to have a large amount of money in order to buy Bitcoin? Afaik whatever money you have you can own Bitcoin already not in Bitcoin but in satoshi. So, why invest in a crap coin when what basically what you are doing is just the same if it's Bitcoin.

Save the trouble of finding a potential altcoins/shitcoins and buy Bitcoin already whatever money you have it can grow if you know how to. Trading or holding or whatever you want with your Bitcoin you could earn a decent profit if you have the right knowledge on when to sell or when to buy.

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November 28, 2021, 06:49:03 PM
 #51

I think everyone is interested in buying bitcoin but many people can't afford it because of its high price. But I believe in that. That is to say, it is better to first invest in a potential altcoin and then buy bitcoin from a dip. Just need to wait for some times observing the current market situation before investing.
If any one wait for the dip then definitely they will get the position.
Umm... Do you really need to have a large amount of money in order to buy Bitcoin? Afaik whatever money you have you can own Bitcoin already not in Bitcoin but in satoshi. So, why invest in a crap coin when what basically what you are doing is just the same if it's Bitcoin.
Save the trouble of finding a potential altcoins/shitcoins and buy Bitcoin already whatever money you have it can grow if you know how to. Trading or holding or whatever you want with your Bitcoin you could earn a decent profit if you have the right knowledge on when to sell or when to buy.

People who are not able to benefit from Bitcoin, how can those investors expect to benefit from altcoin! Altcoins are always double dumped from Bitcoin during the correction moments. But rarely rises at the time of pumping. If your investment is low then maybe investing in Bitcoin will reduce your profit but your investment will be 100% safe. In my opinion, those who buy Altcoin, actually buy tension by spending their own pocket money.

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November 28, 2021, 07:48:29 PM
 #52

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?
There is no way that you can be specific on what percentage the market should go down to before you start buying. So I don’t really look at it based on percentage, let’s say 15 percentage or 30 percentage, I just invest in the market whenever I feel that it is right to invest, and that is determined by events that are taking place in the market. If I feel that this is the right time for me to invest, maybe after the market has gone down, then I would invest and hold the coin till the right time for it to go up.

And there are also times that the market will be going up and I will still invest, and that’s because I believe that the market will continue to go up. If you are only waiting for when the market will fall down before you will invest, then you won’t be able to know when exactly and you will keep missing opportunities. There are even times that the market will be going up and you will invest and still make lots of profit , because it will still have a long way to go at that time.

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November 28, 2021, 08:56:32 PM
 #53

I think everyone is interested in buying bitcoin but many people can't afford it because of its high price. But I believe in that. That is to say, it is better to first invest in a potential altcoin and then buy bitcoin from a dip. Just need to wait for some times observing the current market situation before investing.
If any one wait for the dip then definitely they will get the position.
That is true. Anyone who's discouraged to buy bitcoin because of the price won't probably buy because they think that for one to have bitcoin, he has to buy 1 whole bitcoin.
There's still misinformation about that for the newbies and that's all they think for you to own a bitcoin. They don't know that it can be bought with fractions and that's why it's not really a requirement for someone to own a whole of it.

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November 28, 2021, 09:09:04 PM
 #54

That is true. Anyone who's discouraged to buy bitcoin because of the price won't probably buy because they think that for one to have bitcoin, he has to buy 1 whole bitcoin.
There's still misinformation about that for the newbies and that's all they think for you to own a bitcoin. They don't know that it can be bought with fractions and that's why it's not really a requirement for someone to own a whole of it.
Those who think that buying bitcoins should not be in fractions are those who are very laymen and do not understand at all what bitcoin is and what crypto is.
But for now people have started to understand. They even pay in installments to buy bitcoins.
The price of bitcoin is indeed expensive, but if you continue to buy it continuously when the price drops, you will certainly benefit when the price starts to rise. Whenever you can buy bitcoin, it's important to know the risks when investing in bitcoin or cryptocurrencies.

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November 28, 2021, 10:17:07 PM
 #55

That is true. Anyone who's discouraged to buy bitcoin because of the price won't probably buy because they think that for one to have bitcoin, he has to buy 1 whole bitcoin.
There's still misinformation about that for the newbies and that's all they think for you to own a bitcoin. They don't know that it can be bought with fractions and that's why it's not really a requirement for someone to own a whole of it.
Those who think that buying bitcoins should not be in fractions are those who are very laymen and do not understand at all what bitcoin is and what crypto is.
But for now people have started to understand. They even pay in installments to buy bitcoins.
The price of bitcoin is indeed expensive, but if you continue to buy it continuously when the price drops, you will certainly benefit when the price starts to rise. Whenever you can buy bitcoin, it's important to know the risks when investing in bitcoin or cryptocurrencies.
It is expensive and that's why they think it's not worth so they're observing. But as they see the price goes up again, that makes them interested again in it because that makes them miss the opportunity that should have been done by them when the price has dropped.
But when they do, they're doing a quick decision that makes them in FOMO and it's all on them if they've made a good decision. But at the end of it, they still get to own bitcoin which is a good thing.

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November 28, 2021, 10:36:17 PM
 #56

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?


These questions are not new here, this was asked so many times before.
If you want to invest in bitcoin, ye you can, and if you want to invest in altcoin, of course, you can.

Bitcoin investment is very ideal for long-term holding which is you can gain once the price goes up and in altcoin, I don't know when it comes to long-term. Altcoins are preferred on a short-term investment which is very risky if you don't monitor the price which is very common if this will turn out into a shitcoin.

I don't know what is DCA, for sure that is a hype coin, and what if the price will suddenly have a huge drops? 
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November 28, 2021, 10:39:25 PM
 #57

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?


in my personal opinion probably i will wait until it shows a good trend.. I mean a sign of strong up trend not during the correction because i dont have a large of capital to invest so if however it continue to make correction my money is safe, lol  it's quite skeptical in my situation to be honest because for sure if it will go below 50k soon and i put my investment very ealry for sure it will end up nothing.. So too good to be true, even i know a lot of investors accumulating now since bitcoin showing a consolidation around the current price. For me it still good to wait for more results to assure everything will gonna be alright..
Investors are always on the look where they can make a benefit and they sure grab the opportunity once the market is in dip, not just in a huge correction. I simply just follow such a concept of buying in every correction but because of limited resources, it can be a problem. And I believe that most of us here wanted to do so but because we need assurance and safety, we usually think about waiting a little bit or until the market shows the last correction before buying and that sometimes we miss it as the market will pump unpredictably.



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November 28, 2021, 10:44:34 PM
 #58

I always apply simple logic and strategy in Bitcoin investment. I usually buy during the dip and when most investors are doing panic selling. Whenever I take profit as I reached my target goal, I save it for another reinvestment during the dip. I don't have any specific target price but I only take advantage of the dip while most investors are panicking.
Most of the peoples using this strategy for some time because now they understand how this market is working as it's touch $66K I was feeling bad that I lost good opportunity, but suddenly this dip came, and now I have some buying because this is excellent opportunity to have something for next bull run which can go with new ATH as predictions coming even few bad news also around, but now these have nothing serious impact on this price.
But we still have some good number of members those never have any price impact, and they are buying when they have opportunity because they know it's going to be very good for them in the near future.

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November 29, 2021, 06:32:02 AM
 #59

We buy Bitcoin most of the time when we see Bitcoin being pumped. Then when Bitcoin is dumped, we lose. When I am at Bitcoin Dumping I buy and hold and sell at Pumping Hall. Many people buy Bitcoin in different ways and when they lose.
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November 29, 2021, 08:14:07 AM
 #60

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?


I think this depends on different people, each person will have different strategies for buying Bitcoin. For me, every time Bitcoin drops, that's when I buy. However, there are many people who will buy Bitcoin at any price. DCA is probably the best strategy to buy in this crypto market. Whenever you feel the price is right and you have enough money, buy it.
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November 29, 2021, 09:32:47 AM
 #61

Have been holding bitcoin since 2020 when the price was still around $10k which uptill now am still accumulating bitcoin any little drop in bitcon price I always make sure I buy more because am having target. If you are buy bitcoin I believe it's your choice because if you are holding for long term you can buy and hold even if the price drop by 0-15%.

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November 29, 2021, 10:06:50 AM
 #62

Have been holding bitcoin since 2020 when the price was still around $10k which uptill now am still accumulating bitcoin any little drop in bitcon price I always make sure I buy more because am having target. If you are buy bitcoin I believe it's your choice because if you are holding for long term you can buy and hold even if the price drop by 0-15%.
You are a real holder and I know very soon you will make big fortune from it. To me, there is no best time to buy and accumulate Bitcoin cause the market always go up and down. We can always buy Bitcoin when the market is dipping or when we feel like it's the best time to buy. Buy at your own best time not minding what others thinks about the market at that particular time.

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November 29, 2021, 10:41:39 AM
 #63

Since i started using different strategies to buy bitcoin in the market, it makes me to look as a professional in the community.
1) personal research: I buy bitcoin after carry out my personal research to know how bright the market will look like in the future.
2) forum information: Forum information is another strategy I use to achieve suitable profit from the market. I always follow Forum information whenever I want to buy bitcoin for future profit making which has been helping to continue grow higher in my investment.
3) Low price : whenever the price of bitcoin continue to fall in the market, I take it as an opportunity for me to buy more bitcoin and hold until the price increase higher before I will release for sale to make income.

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November 29, 2021, 10:50:02 AM
 #64

Have been holding bitcoin since 2020 when the price was still around $10k which uptill now am still accumulating bitcoin any little drop in bitcon price I always make sure I buy more because am having target. If you are buy bitcoin I believe it's your choice because if you are holding for long term you can buy and hold even if the price drop by 0-15%.


Buying bitcoin is always profitable as long as we are patient, as happened yesterday when the bitcoin price was $54k and now it's $58k, there are always opportunities and opportunities to buy bitcoin at a cheap price, unfortunately most people just complain and feel it's too late when the price goes up, but he Don't buy when the price drops.


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November 29, 2021, 11:24:45 AM
Merited by Sweetbtc (1)
 #65

In the back year 2010 the price was only 0.06$... But if we consider 2017 bull run it's price increased by 10 times as compared to 2016...

So, according to my perspective 2021 bill run can be here at any time but after run run the price would be 40000$ because people are much more aware in today's world so... That would be the best to buy at July 2022

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November 29, 2021, 11:47:53 AM
 #66

Bitcoin and crypto are still in the early or mid-stage IMHO, so 2021-2023 is still a good time to buy bitcoin and other crypto tokens. I am very excited about metaverse projects as I see brighter for this division, MANA, SAND, and GALA are the ones who will compete with Mark Zuckerberg's metaverse in 2-3 years' time.

Also a good time for NFT Gaming projects, the play-to-earn games that are currently trending are really simple and 1D and 2D games, there's a lot more opportunity for this side of crypto. Axie, ILV, and ArRKey X are the ones I personally think would rally up on the next bull run.
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November 29, 2021, 01:45:42 PM
 #67

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?

DCA always works for everyone.
However buying gradually during the dip is best recommended. Let's say you buy 50% of your capital during a dip, once it falls further then you can like buy 10% each time it dips further.
The target is to accumulate as much fractions of Bitcoin as you can, because Bitcoin is bound to bounce back and break resistance and ATH.

Investing to altcoin and waiting for it to boom doesn't sound like a good strategy. You might gonna miss everything as most altcoins in the market usually follows Bitcoin's price action.

R


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November 29, 2021, 02:02:00 PM
 #68

I am afraid to buy bitcoin for me to buy bitcoin I have to be prepared to take a very big risk I like to buy alcoins like bnb and eth I am not ready to take a big risk.

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November 29, 2021, 02:51:52 PM
 #69

We'll personally, I think the best time to buy bitcoin is always now, I mean you can buy partially like $100 first, and if you buy now who knows, right? Maybe it will give you profits rather than blaming yourself why didn't you bought it in the first place. But if it dips after you bought it, instead of blaming then use it a chance to buy more because that's your chance and sign you've been waiting rather than buying it much expensive value. Choice is yours!
But it depends how you like to invest, doesn't matter when it is. But do always remember to invest only what you can afford to lose, this is also a sort of gambling with risks because of its volatility.

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November 29, 2021, 03:08:27 PM
 #70

because often we have an urgent need and require to sell the Bitcoins that we have collected. That's why it's important to find extra income,
so that we can save for urgent needs and not interfere with money for investing in Bitcoin.
I have been doing it for now and in the last few years. let's say I buy BTC and I will not increase my investment, or decrease my investment in the time that I have planned.
even if I earn money from bounty campaigns or altcoin trading then I don't put it in BTC. I will spin it on altcoin trading. so when I need money with urgent time. then I have money ready to withdraw, without affecting my BTC investment.
I've been trying to stick to this plan for a long time. And I have not seen the purpose.



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November 29, 2021, 03:43:02 PM
 #71

Alltime when Bitcoin is on the dip, but you need good strategy to know how deep the dip is and how much money to buy that dip. For the simple strategy : use your cold money to buy the dip, so if Bitcoin did not provide you profit in your estimation, you are not disappointed and sell your Bitcoin at a loss.
Simple reason, Bitcoin stock is limited, and blockchain will grow up fast in the near future, the price will doubled soon, so buy the dip and take your retirement salary the next day.
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November 29, 2021, 03:44:54 PM
 #72

I do cost averaging. I always ready my buying power, in order for me to buy Bitcoin every time it dips. I usually buy whenever it dips by 60%. Because I do believe even if Bitcoin price is high compare to last year's price, we are still on its early stage of crypto adaptation. So better to have more Bitcoin now.

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November 29, 2021, 03:47:20 PM
 #73

DCA is the best way when am invest in the crypto market. buy Bitcoins and altcoins at bearish times with a share of a few percent of my salary. That's what makes me feel comfortable in trading or holding because I will always be ready to lose and ready to get more. always do analysis in making bitcoin or altcoin buying decisions

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November 29, 2021, 04:39:56 PM
 #74

I think it depends on you how much buy or sell.When you are a billionaire and good investor then you can buy easily bitcoin and hold long time.Cz bitcoin already proved their performance and Bitcoin price increase this year.Now bitcoin price is so good and i think bitcoin price will be more rise in future.
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November 29, 2021, 05:32:12 PM
 #75

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?
This is why you need to analyze everything before doing something. You can't just jump into he hype where the price is already at the top. Stuff like reading your graph, technical analysis, some tools to help you analyze even more better if it's good to buy or not and etc. I mostly just follow where the tools lead me to, if the tools told me to not buy it then I simply not to do that. It's not always the same everytime you do the trade.

What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?
You can do that, there is no limit to what you can achieve when trading.

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November 29, 2021, 05:41:42 PM
 #76

In general, I originally bought bitcoin not so long ago, at a price of about 35 thousand dollars.
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November 29, 2021, 06:02:55 PM
 #77

I usually buy Bitcoin when there is the dip of more than 10% and it starts recovering, I would suggest you to monitor the market whenever there is a dip and once you notice that it has started recovering more than 3% then it's the time to make entry. I have tried this it works but we need a lot of patience.

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November 29, 2021, 06:14:25 PM
 #78

I usually buy Bitcoin when there is the dip of more than 10% and it starts recovering, I would suggest you to monitor the market whenever there is a dip and once you notice that it has started recovering more than 3% then it's the time to make entry. I have tried this it works but we need a lot of patience.
Not only patience, the most correct method is to use technical analysis, so you know at what price to buy, at what support to buy. do not just rely on a guess without any analysis. to get fast results scalping strategy will be very useful.
Looking for a 5% to 10% reduction can be done easily, but you also have to know at what price you should take the profit.

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November 29, 2021, 06:38:48 PM
 #79

I usually buy Bitcoin when there is the dip of more than 10% and it starts recovering, I would suggest you to monitor the market whenever there is a dip and once you notice that it has started recovering more than 3% then it's the time to make entry. I have tried this it works but we need a lot of patience.
Not only patience, the most correct method is to use technical analysis, so you know at what price to buy, at what support to buy. do not just rely on a guess without any analysis. to get fast results scalping strategy will be very useful.
Looking for a 5% to 10% reduction can be done easily, but you also have to know at what price you should take the profit.

Actually, I don't have enough time to do technical analysis. Professionally I do work on a farm 8hours/day and do Sportsbet the rest of the time, So I can't manage enough time to do an analysis of the market condition. But, I invest in Bitcoin when I have free money in my hand, I don't care about the correction/dump/10%-3% whatever. I buy Bitcoin at the spot price, after a few months later when I calculate my investment & profit, I just pleased and satisfied with it. If I saw 0 profit I buy more and prolong my holding time, till now I had not faced any loss in the Bitcoin market.

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November 29, 2021, 06:47:30 PM
Last edit: November 29, 2021, 07:20:35 PM by taufik123
 #80

It is expensive and that's why they think it's not worth so they're observing. But as they see the price goes up again, that makes them interested again in it because that makes them miss the opportunity that should have been done by them when the price has dropped.
But when they do, they're doing a quick decision that makes them in FOMO and it's all on them if they've made a good decision. But at the end of it, they still get to own bitcoin which is a good thing.
Everyone will be interested when the price of Bitcoin starts to go up and keeps going up, but when the price keeps going down they don't buy it. it is indeed a natural thing and often happens for those who do not understand the state of the crypto market.
Lay people even continue to do FOMO when the price is at its peak, FOMO will always end badly when we can't hold it well. Everyone can buy bitcoin at any price, the most important thing is the strategy and the main target. Don't be swayed by FUD and FOMO.

Actually, I don't have enough time to do technical analysis. Professionally I do work on a farm 8hours/day and do Sportsbet the rest of the time, So I can't manage enough time to do an analysis of the market condition. But, I invest in Bitcoin when I have free money in my hand, I don't care about the correction/dump/10%-3% whatever. I buy Bitcoin at the spot price, after a few months later when I calculate my investment & profit, I just pleased and satisfied with it. If I saw 0 profit I buy more and prolong my holding time, till now I had not faced any loss in the Bitcoin market.
technical analysis will not waste much time, even in just 10 minutes you can do it. The most important thing you should use is basic technical analysis.
If you have free money or money you don't really need, long-term investing is for you. buy now and wait for it to go up and make a profit, buying more when the price keeps going down won't be a problem when you have money in reserve.
most importantly you know where you should take advantage.

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November 29, 2021, 06:48:03 PM
 #81

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?



The key on when to purchase BTC is to study the market and analyze its price depending per weeks or days.

Currently, the price of BTC skyrocketed from $54,000 to $58,000 within a matter of hours.  With this kind of gain, it is relatively safe to assume that its price might decrease again and find its normal range. But since the price also broke the $60,000 barrier last month, that should be your 'maximum' price that you should consider investing. Today is a good time to purchase more for long-term HODLing. Again, this is purely based from price history market which should be one of the factors in considering your decision to either purchase/sell your resources.

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November 29, 2021, 07:49:26 PM
 #82

When to BUY?
The answer is "When we are ready to lose". No specific time. I don't make you feel negative but in most possible cases, we should have to prepare for it as this was part of our investment experience.
Because I believe that we've done everything (research, plan, and etc...) before making a decision to risk investing in crypto. Until we fully understand how this works and if we are prepared for what will happen next, we are been ready enough.

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November 29, 2021, 08:17:19 PM
 #83

When to BUY?
The answer is "When we are ready to lose". No specific time. I don't make you feel negative but in most possible cases, we should have to prepare for it as this was part of our investment experience.
Because I believe that we've done everything (research, plan, and etc...) before making a decision to risk investing in crypto. Until we fully understand how this works and if we are prepared for what will happen next, we are been ready enough.
There would be no specific time for this which is actually true on which the time we do consider on buying then this is something in our own decisions whether we could take out some risk or not because we know that price isnt stable which means opportunities could really come anytime which means
that specific actions to be made out will really be someones experience and knowledge into the market because not all would really be that knowledgeable
or well skilled when it comes on making trading or investment decisions.

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November 29, 2021, 09:38:47 PM
 #84

It is our own discretion, not because someone told us so.
*capital
*knowledge
*plan

If you have these things, I guess you are in the right position to start buying Bitcoin. Well, we may consider the price as it was good to buy during the bear season but at this time, it looks like we just taking advantage of every correction as we may no longer see bearish season comes again.

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November 29, 2021, 10:16:39 PM
 #85

It is expensive and that's why they think it's not worth so they're observing. But as they see the price goes up again, that makes them interested again in it because that makes them miss the opportunity that should have been done by them when the price has dropped.
But when they do, they're doing a quick decision that makes them in FOMO and it's all on them if they've made a good decision. But at the end of it, they still get to own bitcoin which is a good thing.
Everyone will be interested when the price of Bitcoin starts to go up and keeps going up, but when the price keeps going down they don't buy it. it is indeed a natural thing and often happens for those who do not understand the state of the crypto market.
Lay people even continue to do FOMO when the price is at its peak, FOMO will always end badly when we can't hold it well. Everyone can buy bitcoin at any price, the most important thing is the strategy and the main target. Don't be swayed by FUD and FOMO.
Yes, that's the sure thing and as usual. They're liking to buy bitcoin when the price is up and they don't like it and ignore it most of the time when the correction comes to it.
Too bad that these people are being hit by FOMO when the price swings and with some FUD, they lose their optimism for bitcoin because they think that it's not worth it anymore upon reading those bad news that normally comes to the market when we're at the top.

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November 30, 2021, 03:10:53 PM
 #86

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?
I don’t have a percentage that I feel is right to buy cryptocurrency, I just buy cryptocurrency anytime I feel that the market is in a good condition for me to buy it. I watch the market everyday and how it moves, and I’m also getting my updates through different sources.

So, there are so many things that are involved when I am making such a decision on whether I should be buying cryptocurrency or not. This way, based on different factors, if I should that the time is right to buy, then I would buy. Sometimes the market doesn’t have to go down for me to even buy bitcoin with years long plans.

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November 30, 2021, 03:31:35 PM
 #87

My strategy is to buy Bitcoin regularly. I try to buy every month after receiving my salary. Also I enlarge my capitals on big corrections. The last time I bought on correction was in July. I bought for 34 000$. I follow the same strategy in terms of all mainstream currencies, so I buy ethereum, bnb, matic,Solana, Cardano,Polkadot etc on regular basis and on drawdowns.

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November 30, 2021, 03:38:26 PM
 #88

I buy regularly. I've been hoarding BTC since 2019 and never sold any. I set aside some money from my savings and put it in BTC whatever price I get it. I'm a long term holder so minor price movements don't matter to me. However, I only invest the money I can afford to lose. For example, if have a monthly savings of a 1000$ I put 100$ in BTC and just forgets about it.
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December 02, 2021, 01:09:20 PM
 #89

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?


I'd be satisfied with a 10-20% dip because I know it's temporary and Bitcoin will bounce back eventually, the uncertain thing is when will it bounce back. Bitcoin volatility has gown down so much from hundreds that eventually, Bitcoin's price would settle at a stable range in the future, from which I think that price is way higher than our price today.
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December 02, 2021, 01:52:50 PM
 #90

As I tell all my clients who try to decide putting a lump sum in to their retirement plans or to spread that lump sum out across the course of the year (dollar cost averaging). Sure you can get lucky and end up buying the low point for the year but in all likelihood it wont be, so DCA tends to be the way to go. Sure you can wait for a dip to start, of course.

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December 02, 2021, 09:22:13 PM
 #91

The main thing is that you have money and Surely we are all familiar with #BuytheDip that is heard on almost all social media today.
Buy dips to maximize profits when prices rise again. everyone has their own speculation and analysis if you believe bitcoin will drop to >30% then go ahead.

in the past, we said when you have money, because the price still low, like you still make profit when you buy bitcoin. now, you need to calculate it to make maximal profit, you can buy now in high price but still remember if the price is really great.

My strategy is to buy Bitcoin regularly. I try to buy every month after receiving my salary. Also I enlarge my capitals on big corrections. The last time I bought on correction was in July. I bought for 34 000$. I follow the same strategy in terms of all mainstream currencies, so I buy ethereum, bnb, matic,Solana, Cardano,Polkadot etc on regular basis and on drawdowns.

yeah, sometime you need to set aside some money for inevstment. some people will always deal with crypto every month to save their future, and this is good move because crypto always grow
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December 02, 2021, 10:39:08 PM
 #92

Ifirst of all yes DCA is the best way to buy BTc. And second I will suggest you to follow 3 step technic what I follow to buy in three step . Do not buy all in once.buy small portion  part by part . That will help you to protect from loss. Suppose if you have 100$ . You can use it in 30% at current price than wait for correction n when price down U can invest another 30% like that . But don't be panic if you buy in ATH just hold it untill you reach your target.

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December 02, 2021, 11:37:26 PM
 #93

Buying the dip during a bull market is different than buying the dip during a bear market. It dips 1 to 3 times in a bull market vs it dips 3 to 6 times during a bear market.
I don't care about how many dips. What I care is to buy at the right time when it is in the dip. 1-3 dips in the bull market is more than enough if you bought Bitcoin at that moment. If I saw the dip, I will use more than 70% of my funds to buy Bitcoin. Then I will hold it until BTC reaches a certain price. 30% of my funds will be spent to buy altcoins for trading weekly or monthly. So, for a typical person like me, it is no problem with fewer dips in the bull market.  Wink

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December 03, 2021, 03:47:00 AM
 #94

Dollar cost averaging (or DCA) means buying a little bit at a set interval. Some people buy weekly or monthly or whenever they get paid. You can either do a set dollar amount or a percentage of your income but it seems to be the most effective method over long periods of time. Everything else is just rolling the dice.
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December 03, 2021, 05:18:23 AM
 #95

at this time maybe the price of bitcoin is still not stable but to buy bitcoin I don't think you need to wait for the right time because bitcoin is a long-term investment so it doesn't have to take special time to buy bitcoin maybe bitcoin is currently experiencing an unstable price but for me buying at a high price is better than buying it at a low price, because buying at a high price we will also sell at a higher price

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rodskee
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December 03, 2021, 07:43:53 AM
 #96

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?
it has been a common advice to buy whem there is a drop in prices for discounted purchase .

but its up to your decisions .

Quote
For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?
it is not saving before planning , but you must save before taking the plans because sometimes price will fall in your front while you are still looking for chances.

Quote
Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?


actually that is a perfect idea buying altcoin first to multiple ypur capital.

but if you are lucky to find one good alt that will favor your plans

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December 03, 2021, 08:15:38 AM
 #97



What is your strategy to buy bitcoin?


My strategy is quite simple I sell whenever ever I make a little profit while I patiently wait for a new dip or a slight fall in price below my selling price then take advantage of it to buy more. This technique require so much discipline to avoid trading with emotions. No matter how small the profit comes I just take it while i wait for another good entry point to buy more and if its not good enough to buy I still wait more longer
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December 03, 2021, 09:06:05 AM
 #98

When to BUY?
The answer is "When we are ready to lose". No specific time. I don't make you feel negative but in most possible cases, we should have to prepare for it as this was part of our investment experience.
Because I believe that we've done everything (research, plan, and etc...) before making a decision to risk investing in crypto. Until we fully understand how this works and if we are prepared for what will happen next, we are been ready enough.
If you are dealing in crypto you must know that a chance to earn is also a chance to lose, meaning when you decide to invest then you also decide to lose.

What we are dealing here is a chance of gaining and losing and if you are only to earn then you must not deal with crypto.

we have met some accounts that only seeking for winning but in the end crying because their Noob attitude added with greed make them a loser.
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December 03, 2021, 10:02:50 AM
 #99

I've never bought bitcoins because I don't have enough money to buy one bitcoin. I'm currently trying to raise money to buy bitcoins, hopefully my money will be collected quickly to buy bitcoins.

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December 03, 2021, 10:07:32 AM
 #100

My main strategy is to look for the opportunities when the Bitcoin price starts going down. When I observe it like it is stuck at some level, then I decide to buy some. I generally analyze the movements over the Bitcoin price chart and decide according to it I mean. And the external factors also are important as some news etc. can still manipulate the price.

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December 03, 2021, 11:23:13 AM
 #101

I've never bought bitcoins because I don't have enough money to buy one bitcoin. I'm currently trying to raise money to buy bitcoins, hopefully my money will be collected quickly to buy bitcoins.
No one told you to but 1 whole bitcoin that is why bitcoin is composed of Satoshis so even how much our money is we cans till avail small faction .
but the way you posted this? it is obvious that you are just here to bounty hunt and not really in any point wanted to invest.
if you really want to accumulate bitcoin then your bounty payments can be converted in Bitcoin so you can finally have your own bitcoin on hand.
My main strategy is to look for the opportunities when the Bitcoin price starts going down. When I observe it like it is stuck at some level, then I decide to buy some. I generally analyze the movements over the Bitcoin price chart and decide according to it I mean. And the external factors also are important as some news etc. can still manipulate the price.
That's all we say but when bitcoin starts to downfall most are afraid of buying in scares of going down for longer time.

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December 03, 2021, 12:08:55 PM
 #102

My first entry into the crypto currency market is by the bitcoin.  This was the first coin i purchased. And after that i purchased so many coins . Approximately i purchased about 2 yeàr's ago . And i was very happy to having crypto. And being a crypto holder.
If you bought it in 2 years ago surely you have become rich if you did invest a good amount of your fund .Btc is always touching its magical figure again and again .So it is so tough to suggest someone where to buy it .I always follow if it is goes to the dip buying 20% of my account and if it goes even more dip i add more on it .I never sell it on loss .I always getting profit by this over the year 21.I don't wanna suggest anyone to do like me cause it is more tough to get the market and enter and exit as well .Always try to make your own strategy and apply it with small amount hope you can adjust it with it .Remember always become patient don't make everything so hurry and exit without having some return .

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December 03, 2021, 12:36:02 PM
 #103

If you bought it in 2 years ago surely you have become rich if you did invest a good amount of your fund .Btc is always touching its magical figure again and again .So it is so tough to suggest someone where to buy it .I always follow if it is goes to the dip buying 20% of my account and if it goes even more dip i add more on it .I never sell it on loss .I always getting profit by this over the year 21.I don't wanna suggest anyone to do like me cause it is more tough to get the market and enter and exit as well .Always try to make your own strategy and apply it with small amount hope you can adjust it with it .Remember always become patient don't make everything so hurry and exit without having some return .

Most probably those who have purchased 2 years ago and didn't sold it and hold it till this year was already rich and millionaire, if I'm not mistaken that was the time that the market of bitcoin was really saturated. However, I didn't get the chance to bought bitcoin at that time because I don't have the capacity to buy it because I'm still student who just a new joiner in crypto. Now, even if the price of bitcoin have gain a x100 compare to 2 years ago I'd still take a chance to invest in bitcoin this recently price correction and still waiting for the next pump.
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December 03, 2021, 02:29:10 PM
 #104

What is your strategy to buy bitcoin?
There are hundreds of ways and methods to buy Bitcoin be it me or someone else.

For me there are several ways to buy Bitcoins and when do I buy them.
First: if I count the years I bought, what I remember is 2016 and until now, when I bought it, of course, when the price went down.
Second: (Dollar Cost Averaging) this kind of method has become a routine every month 3% of salary is invested, but not in Bitcoin part, what is certain is that another part of crypto that is cheaper and has appeal in the crypto market, you can say long term.
Third: the return on investment (DCA) of course I prioritize partly to buy Bitcoin.

That's my history about Bitcoin.

R


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December 03, 2021, 03:59:28 PM
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 #105

at this time maybe the price of bitcoin is still not stable but to buy bitcoin I don't think you need to wait for the right time because bitcoin is a long-term investment so it doesn't have to take special time to buy bitcoin maybe bitcoin is currently experiencing an unstable price but for me buying at a high price is better than buying it at a low price, because buying at a high price we will also sell at a higher price
It doesn't sound logical, I can't explain why buying high is better than buying low according to your analysis, maybe luckily we will sell at a higher price but it cannot be denied a case where the price will be much lower and once below our psychological threshold, fear and selling are certain in psychology. What I appreciate is that you also know that bitcoin is not the holy grail and it takes time to fill our ambitions, the right buy is to buy at even lower prices, prices below the psychological threshold of everyone in the market, if you fall into this situation, what you should do is keep your hands tight and don't let your Bitcoin loose

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December 03, 2021, 06:40:55 PM
 #106

I just buy when market is good. If btc is so volatile I don't take any entry. If you wants to make profit in day trade just analysis the chart. If you wants to made investment then just do it for long time it will give you profits sure

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December 03, 2021, 07:03:41 PM
 #107

at this time maybe the price of bitcoin is still not stable but to buy bitcoin I don't think you need to wait for the right time because bitcoin is a long-term investment so it doesn't have to take special time to buy bitcoin maybe bitcoin is currently experiencing an unstable price but for me buying at a high price is better than buying it at a low price, because buying at a high price we will also sell at a higher price
It doesn't sound logical, I can't explain why buying high is better than buying low according to your analysis, maybe luckily we will sell at a higher price but it cannot be denied a case where the price will be much lower and once below our psychological threshold, fear and selling are certain in psychology. What I appreciate is that you also know that bitcoin is not the holy grail and it takes time to fill our ambitions, the right buy is to buy at even lower prices, prices below the psychological threshold of everyone in the market, if you fall into this situation, what you should do is keep your hands tight and don't let your Bitcoin loose

Well said. It also depends a lot on the market sentiment that one can perceive. So even if it drops to a certain price where you initially thought you would buy into Bitcoin, you could also change your mind in the last second because you see bad news everywhere and you are quite confident that it will even go lower. Setting precise price points isn't always. the way to go about purchase decisions. It is often much more than that. The media, forums like this where discussions take place.

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December 03, 2021, 07:12:23 PM
 #108

From experience the best time to buy bitcoin is when there is serious downtrend. If you are opportune to see -30% invest and make sure it is your spare money to avoid panic when it do not pump at the expected time.

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December 04, 2021, 11:43:18 AM
 #109

Learning from the past, even though bitcoin experienced a sharp decline like in 2018 but was finally able to reverse it in 2020. I think investing in bitcoin will not lose if you have patience and high market analysis, because the value of btc always moves up from year to year. although it has experienced many declines, its value is not as significant as the increase experienced by bitcoin.
Moreover, today the value of btc is down to 18%, this is a good opportunity to buy. But it must be remembered that invest in btc with money that is completely safe to invest in.

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December 04, 2021, 12:57:04 PM
 #110

I've never bought bitcoins because I don't have enough money to buy one bitcoin. I'm currently trying to raise money to buy bitcoins, hopefully my money will be collected quickly to buy bitcoins.
why have to wait for your money to 1 bitcoin to buy it? I think things like this only make you fall behind here because you are just in the mood but don't want to buy it with the excuse of wanting to buy 1 bitcoin. Come on, friends, this is not the concept of investing. you have to come up with something logical for something like this.

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December 04, 2021, 02:28:17 PM
 #111

I've never bought bitcoins because I don't have enough money to buy one bitcoin. I'm currently trying to raise money to buy bitcoins, hopefully my money will be collected quickly to buy bitcoins.
why have to wait for your money to 1 bitcoin to buy it? I think things like this only make you fall behind here because you are just in the mood but don't want to buy it with the excuse of wanting to buy 1 bitcoin. Come on, friends, this is not the concept of investing. you have to come up with something logical for something like this.

To be able to invest in Bitcoin, we don't need to buy 1 BTC, we can buy Bitcoin fractions according to our respective financial capabilities.
Because if we collect money first, then buy Bitcoin, we have may never be achieved to be able to buy Bitcoin, as we know Bitcoin price increases
very fast. So never put off buying Bitcoin, and don't force it to buy 1 BTC right away. If we routinely buy Bitcoin fractions, then the fractions of
Bitcoin that we have bought if collected someday can be collected into 1 BTC. That's why Bitcoin is very popular, because Bitcoin is not only for the rich,
but the poor can buy Bitcoin too.

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December 04, 2021, 05:53:23 PM
 #112

I've never bought bitcoins because I don't have enough money to buy one bitcoin. I'm currently trying to raise money to buy bitcoins, hopefully my money will be collected quickly to buy bitcoins.
Yeah, I get this kind of difficult situation where you would want to invest your money in cryptocurrency, but for the fact that you have other problems that you have to solve, you end up not being able to raise up funds for you to invest. I used to be in that kind of situation, and I kept missing a lot of opportunities, until one day I decided to open a target savings account: where I can save money and not have access to it until the period I have set. Sometimes about three months or so, and I strictly saved the money, although it wasn’t easy.

After sometime I was able to raise up a good amount and then I had to still wait for the right time for me to invest that money. Luckily I did invest at the right time and it worked for me. I’m really happy that I did. So, I’d advise you to take calculated risk, and make sure that you’re investing your cryptocurrency at the right time.

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December 04, 2021, 06:48:11 PM
 #113

Well!
Its time to buy bitcoin because bitcoin is in big dipp and now it will pump and break all old records in few months so let invest and trade.
 Bitcoin in this dipp.

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December 04, 2021, 11:53:18 PM
 #114

I think the best time to buy bitcoin is when the market fall down; they say buy low and sell high. Most of the smartest investors still use the method of "Buy the Dip" and sell when market go  the market won't go down forever. when there is a market correction the recovery will follow, it is a matter of time.   

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December 05, 2021, 04:53:04 AM
 #115

I've never bought bitcoins because I don't have enough money to buy one bitcoin. I'm currently trying to raise money to buy bitcoins, hopefully my money will be collected quickly to buy bitcoins.
indeed you will always have problems if you want to buy bitcoins in their entirety, because we know the price is already quite high. but we can do the reverse, how much we have funds and buy it according to the amount of funds we have and save it to continue to be combined with other purchases. it is certain that it will be achieved one day will be at least close to the maximum number. always keep trying because obviously there are many challenges to do something like this.
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December 05, 2021, 05:12:21 AM
 #116

I have a criterion, if BTC is below its last ATH it is cheap to buy, I also have a conviction BTC will reach $ 100k, even more, so whoever buys at this time will have a substantial profit when the movement occurs, in fact the Move may be soon or maybe 2022 but I know it will have that price, only some Wall Street analysts have claimed that BTC will hit at least $ 150k, and apart from these claims I am closely following PlanB and their incredible prediction.

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December 05, 2021, 06:25:42 AM
 #117

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?



the right time to buy bitcoin is when the price of bitcoin drops very much as is happening at this time. Now that Bitcoin and altcoin prices have fallen so deep, we can take a chance at a time like this. Usually after a very deep price drop after that there will be a very high price increase, investors will celebrate all the profits they get. Don't wait to buy Bitcoin and Altcoin when the price drops, I myself have bought bitcoin and a few Altcoins for me to hold until the market price recovers.

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December 05, 2021, 07:31:20 AM
 #118

the first thing we do before buying bitcoin is our purpose in buying it, whether for investment or trading. if it's for investment, then a good time to buy is when we have more money that doesn't interfere with our needs, and whenever it's a good time, and it would be even better if we buy it when there is a correction like today. it's different if we aim to trade, of course buying bitcoin must be done with careful analysis first

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December 05, 2021, 09:54:23 AM
 #119

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?



You buy it when you have reserve cash that you won't miss for a long time. Don't buy on leverage. Don't buy with credit cards. Don't buy with loans. Buy when you have the funds. DCA is always the best way. You can gain more exposure to the market, while not crippling yourself financially. As for when to sell alts, nobody really knows that. Everybody is guessing and playing the long game until the long game is gone. I try to find trades that can potentially get me more Bitcoin, and as long as we are in a bull market, those opportunities will certainly exist.
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December 05, 2021, 10:25:16 AM
 #120

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?



You buy it when you have reserve cash that you won't miss for a long time. Don't buy on leverage. Don't buy with credit cards. Don't buy with loans. Buy when you have the funds. DCA is always the best way. You can gain more exposure to the market, while not crippling yourself financially. As for when to sell alts, nobody really knows that. Everybody is guessing and playing the long game until the long game is gone. I try to find trades that can potentially get me more Bitcoin, and as long as we are in a bull market, those opportunities will certainly exist.
Lol buying bitcoin from Loans or Credit card is same as taking your heads off, meaning suicide .
the volatility of Bitcoin is always the factor that we must only invest the amount in which we really can afford to lose.
if not then never invest or gamble your money because in the end you will always be the loser.
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December 05, 2021, 12:35:31 PM
 #121

Of course everyone has their own principle in buying bitcoin as at this time where the price of bitcoin which can be said is still at a low price maybe for them they can buy now and wait for a long period of time, but for me if buying bitcoin is better to buy at an expensive price because we can release it at an expensive price too than at the present time of course the selling price will also be very cheap compared to a few years ago

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December 08, 2021, 08:01:59 AM
 #122

I am not that expert, nor have I the time to do extensive analysis before buying bitcoin. If I find a bearish market and have some money to invest, I do my buying.
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December 15, 2021, 04:25:53 AM
 #123

If you have an altcoin that has done some, let's say x5. You can take the profit out and use it to buy bitcoin. Now is even the best time to buy bitcoin as we're in the bear market. Bitcoin is now around  $47k+ which is far from the previous ATH. This is the great dip to buy bitcoin if one really want to hodl some if not 1btc.

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December 15, 2021, 05:20:20 AM
 #124

From what is understood in its raised context in the OP, he has many ideas and desire, but little investment capital, it seems to me that he seeks to link the lottery with some shitcoin and make that profitable in bitcoin, a good idea the best asset to invest is always bitcoin and the moment too, do not get complicated with the issue of the dip or at what price to buy, if you do not trade to live on a day-to-day basis, it is best to evaluate yourself over long periods, that allows you to buy at any time when you have the money If there is a dip and you don't have money, then what can you do? Get it for the next one, it's that simple.

The happy investor is the one who can always buy bitcoin at $ 60K, $ 50K, $ 40K, you should not cry if you buy at $ 60k and now it is at $ 40k, you have to cry if you cannot buy at $ 40k today.

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December 15, 2021, 09:43:51 AM
 #125

Buy when bitcoin going dip.

If only that easy to learn when the Bitcoin price is going dip? surely we will be always win in investing.
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 I think potential coin not only btc, other coin also can give us a huge profit.

Yes there are many coins that can bring huge profit , but the question is how safer to invest in shitcoins than Bitcoin ?
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We need learn more about news, technical, fundamental as well as learning  in crypto was not easy for me & patience is the key as always in cryptocurrency.

Patience is the key if you are a Holder , but if not then there is no need to keep the patience instead you have to be aggressive and obedient .

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December 15, 2021, 11:20:37 AM
Last edit: December 15, 2021, 02:27:41 PM by marine4u
 #126

There is an interesting thing that I can't explain but I will get the idea to buy bitcoin on the W-shaped chart Smiley).  Lol, I like it better because people still buy in low quantity to accumulate.  For bitcoin, it is highly focused on accumulation, while for big risk, it gives a greater advantage to the rest.  Not when to buy, but when you're ready and prepared.
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December 15, 2021, 12:47:38 PM
 #127

When i have money available  Cool
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December 15, 2021, 01:02:36 PM
 #128

for me every time there is a decrease in the price of bitcoin, I then look for the closest support to the next support, by combining the Fibonacci lines, then I will get a buying area that I think is effective. after that, don't forget to also prepare the next plan with the same technique for the second purchase if the price is still decreasing

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December 15, 2021, 10:55:48 PM
 #129

There is an interesting thing that I can't explain but I will get the idea to buy bitcoin on the W-shaped chart Smiley).  Lol, I like it better because people still buy in low quantity to accumulate.  For bitcoin, it is highly focused on accumulation, while for big risk, it gives a greater advantage to the rest.  Not when to buy, but when you're ready and prepared.
Buying and asset like Bitcoin is not all about price. It depends on funds available and the reason for investing.

Indeed when the price dumps there's a tendency to buy more Bitcoin. On the other hand, when Bitcoin starts having a rally, some people will also be inclined to buy just before 'popping off'. So, there might be some psychology involved and generally only the long-term investors buy when there are price dumps with noobs buying at the top...
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December 15, 2021, 11:11:01 PM
 #130

I like setting up automatic recurrent buys, so that I will always buy some Bitcoin.

Plus, I just buy any amount manually whenever I feel like.

At the end of the day, I don't think it matters too much when you buy it, specially if you're thinking in the long term (a decade or two).

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December 15, 2021, 11:57:05 PM
 #131

-snip-
we actually will not know when the exact dip will last. Today dip may be still continuing and tomorrow maybe more than today's dip.
That is why the indicator may help us to see the chance of the price moving, whether it may have more chances to rise up or even to drop again.
And I commonly will do some of these steps both for Bitcoin and also Altcoins:
- Analyzing the market and also indicator whether the chances may be dip again or not.
- If we think that the price has been in our own resistant consideration, I will commonly buy the coin by percentage, and this is not for all in. Because, we will not know whether the price will continue dropping or rising up. So, if  we want the coin, we can get them in some different prices.
But once more, each person will have different strategy of buying and selling

R


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December 16, 2021, 12:47:45 AM
 #132

It depends on you and to your budget sometimes people are doing like investing 500$ every week neglect the price of the bitcoin and some of them bought all of their assets to get bitcoins. If you are a short term trading its ideal to watch the market like buying in the dip but if you are a long term investor its ideal to bought already because for the next coming year they are halving the bitcoin again. Just follow the basic strategy if you are newbie buy low and selling high.

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December 16, 2021, 06:59:20 AM
 #133

Buy when the price drops and is about to rise. I want to buy when the price of Bitcoin drops, but I am not sure what price Bitcoin will eventually fall to. I think it is better to buy when the price is about to rise after a fall, so that even if the price falls again, I am not afraid, and I will be happier when the price rises.
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December 16, 2021, 07:28:08 AM
 #134

I buy bitcoin every month, no matter how high or drop it is..
Buy consistently like Bitcoin is a Netflix subscription to your future net worth, and never sell. If you must use your coin, only use a portion of it as leverage for loans on income-producing businesses or property that will pay it's own loan off. This is the way

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December 16, 2021, 07:43:03 AM
 #135

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?


This summer, July was my first Bitcoin purchase. Based on a friend’s suggestion, I decided to buy some bitcoins. I think there is no problem buying on dips, but it takes more time to observe the market to get more returns.
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December 16, 2021, 09:05:41 AM
 #136

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?


As long as you want to buy, you can buy it at any time. Now is also a good opportunity. Although I see the decline now, I can't help but want to take the opportunity to buy the bottom.
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December 16, 2021, 09:41:46 AM
 #137

Now that the end of the year is approaching, I normally buy small bitcoin to add to the one i have purchased when the price started reducing in the market. Now that the price of bitcoin has dump to $48k, i will like to buy more before the price will start increasing higher in the market. Any investors that buy bitcoin in this season will have a lot to enjoy in the future when the price increase to $70k.
I normally buy bitcoin when the price reduce in the market and hold for like three months or six months before I can supply them to market to make a good profit.

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December 18, 2021, 02:24:25 PM
 #138

I like setting up automatic recurrent buys, so that I will always buy some Bitcoin.

Plus, I just buy any amount manually whenever I feel like.

At the end of the day, I don't think it matters too much when you buy it, specially if you're thinking in the long term (a decade or two).
Well, for people who are currently starting to collect bitcoins, buying when they have the money is a good time. no matter what the price is, up or down, if they have started collecting bitcoins they will still buy it, that is because they will continue to hold it in the long run.
however, for those who occasionally buy bitcoins, it seems that the time they are most often waiting for is a bear market, just like today. people have different targets, some are waiting until the bitcoin price is below $45k, or below $40k. however, ideally, now is a good time to buy it. Well, if I had enough money, I'd set aside a few percent to buy it at this point.


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December 18, 2021, 04:35:22 PM
 #139

Well buying is actually based on the availability of assets.
If assets are not available then wether the price is low or high it doesn't matter but still if we are talking about graphs then the most appropriate time to buy is when everyone is selling. Means when due to some dump or corrections in bitcoin price people panic and start selling so you should buy because it's the time when BTC will start rising up.

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December 18, 2021, 04:59:55 PM
 #140

I think our opinion is that we buy bitcoin at any time and it is not affected by time as it is at the present time because the effect of bitcoin is about a price that tends to go up and down but for me it is better to buy bitcoin at an expensive price than having to buy a cheap one because with If you buy an expensive price, then automatically the sale will be expensive too, especially considering that currently bitcoin is still so unstable, I think it is also influenced by a miner to buy bitcoin.

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December 18, 2021, 05:05:08 PM
 #141

To buy bitcoin at this time we have to spend quite a lot of capital, then the best way to get bitcoin of course we have to follow the reward that pays by using bitcoin, and we can also collect from investing in altcoins that have the potential and profits that we get directly we make bitcoin as a future asset, then in this case we need a long time, But if we have more savings in everyday life then it never hurts to buy bitcoin as a future asset.
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December 18, 2021, 05:42:18 PM
 #142

I only buy on a bull cycle based on accumulation at the buy point less than the amount of capital bought at the origin. And conversely, I buy more when the market makes a new dip with more capital than the original price point.

I also do the same, I personally chose to buy more bitcoin during dips when there’s clearly a bull cycle. I have tried to buy during bear market, it’s good, I have reaped what I have sowed. But in reality, it is for those who have strong heart, patience and faith that price will increase in the coming days regardless of continuous drops in value.

ya.ya.yo!

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December 18, 2021, 06:42:55 PM
 #143

Banks want you to keep your money in banks.  Why?  Because banks lend your money at interest to other people and businesses.  If all people withdrew money from banks now, the house of cards would quickly collapse and the crisis and hyperinflation would come
Similar example 2008 years.

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December 18, 2021, 11:29:35 PM
 #144

in my case I buy bitcoin based on technical analysis such as:

i expect the price to hit a strong support like $44000 and i expect to see reversal and buy, in case the price breaks the $44000 then i would expect the price to drop to $41500 to $42000 and have reversal and i would buy. I don't buy randomly just because the price always goes up, I don't

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December 19, 2021, 08:16:32 AM
 #145

in my case I buy bitcoin based on technical analysis such as:

i expect the price to hit a strong support like $44000 and i expect to see reversal and buy, in case the price breaks the $44000 then i would expect the price to drop to $41500 to $42000 and have reversal and i would buy. I don't buy randomly just because the price always goes up, I don't
Yes technical analysis in making choices in a market like this can be really helpful. I also make use of technical analysis and I’m not the type that will just decide to buy at anytime. Although I do switch up my strategy or the way that I invest in the market.

Sometimes I can decide to invest just at once, and that’s when I feel this technical analysis is most important to me, because I would like to get in at the right time. Then, there are times I would decide to go with dollar cost averaging, which is the method whereby I will have to just keep investing a particular amount every day or week, and as time goes on the amount will increase in my wallet, at this point I don’t really worry much about making use of analysis, but I just keep going, although the first time I might like to do the analysis to know whether the market is down for my starting point, and whether I should go with it or not.

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December 19, 2021, 05:17:27 PM
 #146

Honestly, it is difficult to predict when it will be a benificial dip especially if you are new to trading. I still have those panic events where I targeted a percentile and bought some and it continued to dip. I was like damn, should have waited a bit more. But hey, patience what we need. Just manage the rest.

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December 19, 2021, 06:18:42 PM
 #147


What is your strategy to buy bitcoin?


My strategy is that whenever I have free cash I invest in BTC only. Apart from that I circulate my crypto investments by selling when I see my target BTC price and buying whenever there is a dip. This strategy requires patience but it has never betrayed me. 5 years since I started my crypto investment, I can proudly say that I am in profit.
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December 19, 2021, 09:30:18 PM
 #148

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?


The question of when and what amount of Bitcoin to buy depends on the investor and why they are buying, whether for a short time holding or long time holding or just to make few profits and leave the market with fear of losing what they had gained. If you are buying larger quantities of Bitcoin , then I believe you are holding for a long time vice versa.

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December 20, 2021, 11:15:27 AM
 #149

I am new in Crypto and i am learning about trading and strategies of trading. When I will learn all about Trading then I will buy Bitcoin and trade it. For future plans.

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December 20, 2021, 11:44:29 AM
 #150

At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?


The question of when and what amount of Bitcoin to buy depends on the investor and why they are buying, whether for a short time holding or long time holding or just to make few profits and leave the market with fear of losing what they had gained. If you are buying larger quantities of Bitcoin , then I believe you are holding for a long time vice versa.

Everyone has different strategies and goals when investing in Bitcoin. So for investors who invest in Bitcoin for long-term, they can buy at any time
when they do have extra money. Because for investors who want to invest in Bitcoin for the long term usually have a very high price target to achieve.
So there is no need to be afraid to buy Bitcoin at high prices, because their target is much higher. Then investors who will invest in Bitcoin short term,
this is what I think is more difficult and they have to be careful in determining when is the right time to buy Bitcoin. Because they really have to wait
for the Bitcoin price to drop and have to quickly sell it when it's profitable. Usually the profit target for short-term investments is around 3%-5%,
it does look very small, but if accumulated in a month will be very large profits generated. So ask ourselves, more suitable investment in the short
term or long term investment. Because only we know what is best for ourselves.

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December 20, 2021, 06:02:39 PM
 #151


What is your strategy to buy bitcoin?


My strategy is that whenever I have free cash I invest in BTC only. Apart from that I circulate my crypto investments by selling when I see my target BTC price and buying whenever there is a dip. This strategy requires patience but it has never betrayed me. 5 years since I started my crypto investment, I can proudly say that I am in profit.

It is a very good strategy, especially when the dip occurs, the dip is always a great strategy to buy, more now that everyone expects BTC to reach $ 100k it is likely that many are waiting for that target, however the trend is to fall, and if the fall is strong, the purchase is greater, for me, assuming that the price is below its last ATH, it is a very good strategy, because at some point the BTC will always grow more than its last ATH, so all growth will be of safe profit, it is not known when, but the safe investment for me is BTC.

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December 20, 2021, 10:31:07 PM
 #152

Personally, I buy it when I feel it a good time to buy at the cheap price and I think everyone has a different time to buying bitcoin. it all depends on the plan of each individual in buying bitcoin for get the profit. Buying bitcoin and selling it at the right price will give you big profits. so as much as possible as a bitcoin lovers we must be able to manage it properly because if we have bitcoin but can't manage it well, then we will only get a loss.

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December 23, 2021, 03:44:51 AM
 #153

Personally, I buy it when I feel it a good time to buy at the cheap price and I think everyone has a different time to buying bitcoin. it all depends on the plan of each individual in buying bitcoin for get the profit. Buying bitcoin and selling it at the right price will give you big profits. so as much as possible as a bitcoin lovers we must be able to manage it properly because if we have bitcoin but can't manage it well, then we will only get a loss.
as long as you hold on to bitcoin, it is certain that no losses will occur because bitcoin will always move up and if it goes down due to corrections and that's normal, but every 4 years (halving period) it is certain that a renewable ATH will be formed. it just takes patience to wait and of course a large enough fund because the price is quite high and requires no small sacrifice.

actually at any time if you have funds you can buy bitcoins but it will be even better when bitcoin is experiencing a very deep correction at a time like now, although sometimes it still increases again.

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December 23, 2021, 06:02:03 AM
 #154

I personally suggest you to not buy BTC without any strong strategy because it worth too much and if BTC get dip or crash you can get bigg loss. So buy Bitcoin with strong trading strategy to get profit.

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December 31, 2021, 03:53:27 AM
 #155

You can buy bitcoin from the profits made through selling bitcoin, but even if your long term goal is to buy and hold bitcoin, don’t buy any altcoin unnecessarily without proper research. You should also have a clear exit strategy so that you can sell the altcoins at the right time and save yourself from going into loss. I prefer to buy bitcoins when there’s a dip. I don’t wait for the price to go very low but if it goes I buy some more.
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January 01, 2022, 04:32:38 PM
 #156

it would be nice if we bought bitcoin a few years ago where we sell it now at a more fantastic price but we don't know about the price that will go up like this but if you buy bitcoin at this time of course it will take a very long time to invest at least for a fairly long term, such as for example we have to keep the asset 10 years in the future and even that does not guarantee an increase in the price of bitcoin at that time

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January 01, 2022, 04:40:55 PM
 #157

To buy bitcoin at this time we have to spend quite a lot of capital, then the best way to get bitcoin of course we have to follow the reward that pays by using bitcoin, and we can also collect from investing in altcoins that have the potential and profits that we get directly we make bitcoin as a future asset, then in this case we need a long time, But if we have more savings in everyday life then it never hurts to buy bitcoin as a future asset.

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January 01, 2022, 05:49:58 PM
 #158

Well today is the amazing day to buy bitcoin. Simply check the market, it’s at pretty low level and it’s the start of new year. This means you have high chance of ending up at ATH slot of this year which could be more than 70k USD as it is in nature of bitcoin to land at higher rate as compared to previous year.

This kinda logics should also be applied while trading bitcoin now a days. Don’t just think about this much % is in negation or this much is higher etc etc. Sometimes fundamentals could play crucial role while entering the market.

For the current buy cycle I am pretty sure above logic applies just perfectly.
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January 01, 2022, 08:21:30 PM
 #159

By the way I really want to buy bitcoin if what I know I need a large amount to buy bitcoin ,,, im right ,, well the world isn't over yet so hurry up with this thing bitcoin is just here anywhere  of the world bitcoin is decentralized crypto currency and i know where to buy it so first of all i need to first save if necessary to buy and ofcourse why not if i have a lot of money to convert bitcoin or to invest bitcoin just in case us soon.
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January 01, 2022, 08:39:34 PM
 #160

it would be nice if we bought bitcoin a few years ago where we sell it now at a more fantastic price but we don't know about the price that will go up like this but if you buy bitcoin at this time of course it will take a very long time to invest at least for a fairly long term, such as for example we have to keep the asset 10 years in the future and even that does not guarantee an increase in the price of bitcoin at that time
^ If you are on this mindset when do you realize that it is time to buy BTC, if you will buy BTC today and hold for another 5 years that is really good seeing the amount that is almost triple the amount value or it could be folded so many times. There is no perfect time on buying BTC, anytime as long as you have the amount that you can afford you are good to go to invest in BTC and the last part is if you are willing to wait for the long term sounds like years pass. But if you will see the market was in correction something that has a correction, I think that is the best time to invest since we all know that BTC will always fluctuate and the price is unpredictable.
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January 01, 2022, 08:52:55 PM
 #161

Well these days Bitcoin is really in buy range and I  Always wait for this time to buy bitcoin and of course we all know that the bitcoin is in buy range now,and people who wants to invest in bitcoin they can invest now because very soon bitcoin will show us very good rally .And I have also invested my 20% portfolio in bitcoin at this time.
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January 10, 2022, 03:48:32 AM
 #162

Well these days Bitcoin is really in buy range and I  Always wait for this time to buy bitcoin and of course we all know that the bitcoin is in buy range now,and people who wants to invest in bitcoin they can invest now because very soon bitcoin will show us very good rally .And I have also invested my 20% portfolio in bitcoin at this time.
Well I think the same as you, I also have a slight impression that BTC can make a good bullish jump by the end of the month, and it is simple, we were all waiting for BTC to rise in price for December and it did not, in fact it fell in price, and This is a totally normal movement, when BTC is expected to rise, what it does is go down, but many will be shorting and at that moment is that BTC will rise, and this time BTC could be exceeding $ 100k just like the model S2F has predicted it, so at the moment it is a unique opportunity to buy BTC, for those who have always had how, it should be bought, a friend sent me days ago that I was losing an amount of money in BTC, and I just said, wait, just wait because BTC never disappoints.

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January 10, 2022, 04:18:35 AM
 #163

now is the right time to buy bitcoin if delaying it is wrong and in the end you will regret it is true that bitcoin prices cannot be predicted but there is a high possibility that bitcoin prices in the future will be more expensive.

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January 10, 2022, 08:17:00 AM
 #164

now is the right time to buy bitcoin if delaying it is wrong and in the end you will regret it is true that bitcoin prices cannot be predicted but there is a high possibility that bitcoin prices in the future will be more expensive.
the price of bitcoin is certain after every halving period it can be ascertained that it will print renewable ATH and will continue to be carried out at any time and there is no need to worry when holding bitcoin.

right, currently the price is being corrected if you really have enough funds and you don't use it, obviously buying bitcoin and holding it until it increases is the right thing to do. because the already high price of bitcoin makes it difficult to store in units, because the value is already high and will take time.
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January 13, 2022, 01:26:42 PM
 #165

Yes, I'm a newbie here and I want to help whoever has a heart there. I love bitcoin, but I only know a little bit about it. I would also like to trade and if it's possible, please comment on how ... because  I used to try to trade but unfortunately I lost all my money in a scam so I need to know so it won't happen to me again before ,,, thanks
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January 13, 2022, 02:25:13 PM
 #166

If you are new to Bitcoin or Currency then you will know better about Bitcoin from Google YouTube because it is a currency that can turn you from fakir to millionaire and from millionaire to fakir.  But if you understand here then your success is guaranteed and I buy bitcoin only when I see or understand that the price of bitcoin is going down a lot then I buy bitcoin and then sell that bitcoin at a higher price when the price goes up.  And that's how I trade bitcoin and if you don't have a good idea about bitcoin then you don't need to trade
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January 13, 2022, 03:24:27 PM
 #167

I bought bitcoin in 2014 when it was still affordable. but now it is very high it is very difficult to buy. I regretted why I sold it when I didn't need the money. if i still have bitcoin i would be very happy, now i only have cheap coins.
Price too high? I think you do not see the current price, in fact now we are in a period of discount.
there are several things I want to tell you, the first is to buy it while you can and as much as you can when you really want to be in bitcoin, because we are not required to buy 1 or 2 bitcoins to be considered a holder.
the second is that there is no need to regret what has happened because it cannot be changed again, what you need to do is make it an experience.
when you really want to buy, buy it now because their prices are quite good to buy.

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January 13, 2022, 06:26:22 PM
 #168

I bought bitcoin in 2014 when it was still affordable. but now it is very high it is very difficult to buy. I regretted why I sold it when I didn't need the money. if i still have bitcoin i would be very happy, now i only have cheap coins.
Some time what have we sell later price reach higher price and most disappointed why have to sell, but I faced bad thing when holding many altcoin assets but price dump and some else become scam coin after developer run away and delist from exchange market. Still nit lucky with many coin holding and almost my coin have lower price right now, I think bitcoin will reach higher price but this week not any good news for bitcoin and price keep down again.

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January 13, 2022, 07:47:09 PM
 #169

Well these days Bitcoin is really in buy range and I  Always wait for this time to buy bitcoin and of course we all know that the bitcoin is in buy range now,and people who wants to invest in bitcoin they can invest now because very soon bitcoin will show us very good rally .And I have also invested my 20% portfolio in bitcoin at this time.
Well I think the same as you, I also have a slight impression that BTC can make a good bullish jump by the end of the month, and it is simple, we were all waiting for BTC to rise in price for December and it did not, in fact it fell in price, and This is a totally normal movement, when BTC is expected to rise, what it does is go down, but many will be shorting and at that moment is that BTC will rise, and this time BTC could be exceeding $ 100k just like the model S2F has predicted it, so at the moment it is a unique opportunity to buy BTC, for those who have always had how, it should be bought, a friend sent me days ago that I was losing an amount of money in BTC, and I just said, wait, just wait because BTC never disappoints.


Chance always there if you can hold your BTC, so far the market still experiencing correction and we do need to extend our patience if we don't want to lose this opportunity, but also, you need to make sure that you are willing to care of the risk. It's not easy to see falling market. There's time that you will feel fears inside you.

But if you trust your instinct and you know what you are doing, the chance is always there for you.

Just never to put your guard down and always follow your set up plans.

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January 13, 2022, 10:34:31 PM
 #170

Whenever you can afford to invest. No need to look for strategy. If you have money lying around that you can afford to lose, then just invest. Invest and keep holding. In the long run, you will be making some good profit as long as you don't sell it when you are at a loss. If you want to wait for the dips, then wait for dips, buy and sell when the price is high and repeat. But in this case, you have to time the market correctly and risks are high when compared to holding for long term. You should take your own financial decisions since you know best what your situation is.

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dataispower
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January 13, 2022, 11:34:16 PM
 #171

I bought bitcoin in 2014 when it was still affordable. but now it is very high it is very difficult to buy. I regretted why I sold it when I didn't need the money. if i still have bitcoin i would be very happy, now i only have cheap coins.
And i believe that you have the understanding that bitcoin goes up every year and the amount you buy Bitcoin today can not be the same amount you can buy Bitcoin in next six months because it seems that the price appreciate without the awareness of any one, so is encouraging to bitcoin for investment because no body stop's it appreciating, since is affordable now it may reach tomorrow it jumps to another stage and believe that no time you can buy Bitcoin is useless
Sled
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January 13, 2022, 11:55:14 PM
 #172

I bought bitcoin in 2014 when it was still affordable. but now it is very high it is very difficult to buy. I regretted why I sold it when I didn't need the money. if i still have bitcoin i would be very happy, now i only have cheap coins.
And i believe that you have the understanding that bitcoin goes up every year and the amount you buy Bitcoin today can not be the same amount you can buy Bitcoin in next six months because it seems that the price appreciate without the awareness of any one, so is encouraging to bitcoin for investment because no body stop's it appreciating, since is affordable now it may reach tomorrow it jumps to another stage and believe that no time you can buy Bitcoin is useless
Perhaps, nobody could assure that in the next few months or even years, Bitcoin will reach another level. But as we can see on its history, it was clear to see the increase of its price every year which gives positive insights for the investors to keep buying and hold more. So, if we are into planning about buying Bitcoin, about investing in cryptocurrencies, I guess we don't need for another month, or another dip but rather to encourage ourselves and start it now.
rmhuntley
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January 14, 2022, 06:56:58 AM
 #173

I bought bitcoin in 2014 when it was still affordable. but now it is very high it is very difficult to buy. I regretted why I sold it when I didn't need the money. if i still have bitcoin i would be very happy, now i only have cheap coins.
And i believe that you have the understanding that bitcoin goes up every year and the amount you buy Bitcoin today can not be the same amount you can buy Bitcoin in next six months because it seems that the price appreciate without the awareness of any one, so is encouraging to bitcoin for investment because no body stop's it appreciating, since is affordable now it may reach tomorrow it jumps to another stage and believe that no time you can buy Bitcoin is useless
Yeah will be up for every year but depend how whales want, if they make many bad news every day you will loss much in bitcoin investment, I think keep investing in bitcoin and take profit when reach higher price. Not always diamond hand with log term holding give much profit because many time I see bitcoin can dump to lower price when whale make some thing bad, I have tired with long term holding and now sell coin after reach higher price and buy back later when price dump.

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PreciousH
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January 14, 2022, 11:49:57 AM
 #174


What is your strategy to buy bitcoin?


[/quote]

The simple strategy to buy bitcoin is you have to add a bank account, debit card or credit card to make your first Bitcoin purchase. Adding a bank account is a must for buying large amounts of bitcoin.
panukurap
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DAEFROM.com


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January 14, 2022, 12:00:24 PM
 #175

When the value of Bitcoin drops enough I will buy Bitcoin and then hold it afterwards. I believe and believe that after the decline the value of Bitcoin will increase and stabilize again. This is because Bitcoin has proven its strength over the years, it is still able to survive until now even though it has gone through ups and downs. The most important thing is that you first believe in Bitcoin and think optimistically, after that do some strategies that are in accordance with existing market conditions. You have to move fast but also precise, this is really a challenge.

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January 14, 2022, 12:43:25 PM
 #176

When the value of Bitcoin drops enough I will buy Bitcoin and then hold it afterwards. I believe and believe that after the decline the value of Bitcoin will increase and stabilize again. This is because Bitcoin has proven its strength over the years, it is still able to survive until now even though it has gone through ups and downs. The most important thing is that you first believe in Bitcoin and think optimistically, after that do some strategies that are in accordance with existing market conditions. You have to move fast but also precise, this is really a challenge.
This tests us how well we know bitcoin. I mean when we know bitcoin we definitely know what will happen, when it goes up or down.
Fast and precise I like the sentence you say. It's true, we shouldn't be late to enter, but we also have to act cautiously.

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bekti3
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January 14, 2022, 04:56:46 PM
 #177

When the value of Bitcoin drops enough I will buy Bitcoin and then hold it afterwards. I believe and believe that after the decline the value of Bitcoin will increase and stabilize again. This is because Bitcoin has proven its strength over the years, it is still able to survive until now even though it has gone through ups and downs. The most important thing is that you first believe in Bitcoin and think optimistically, after that do some strategies that are in accordance with existing market conditions. You have to move fast but also precise, this is really a challenge.
Indirectly, this is a good opportunity to increase our asset coffers there.
I think selling now is not the right thing and like it or not when we still want to be on a good track but with a big enough risk we have to hold it.
if you look at it now of course it looks like they are starting to improve and are starting to want to push towards $50k.
we will lose when we sell our assets and those who are strong in holding back then they will get something good later especially with various speculations 2022 is good

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CDC AP
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January 14, 2022, 05:31:32 PM
 #178

it depends on the strategy you have buddy. when is the right time to buy it, whether it's when it's down 15%, or when it's down 30%.
Personally, if I aim to own a coin, then I will continue to invest no matter what the price is at that time.
well, many people say that anytime is the right time to invest, but it all comes down to how you manage it. If you believe the price will drop by 30% then you need to wait for it with the risk that when the price goes up, you will be late. however, if you don't mind it for now, even now you can do it.
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