WHEN DO YOU BUY BITCOIN?

[Issa56]

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%.

[1714542365]

1714542365

[1714542365]

1714542365

[Desmong]

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.

[Zanab247]

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.

[Joshapat]

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.

[Alen098]

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

[Boardmangetpaid]

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.

[Oasisman]

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.

[amihada]

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.

[Rufsilf]

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.

[rozak]

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.

[lenovop-70]

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.

[waichi]

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.

[riskarcher]

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

[Mamun74]

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.

[sulendra12]

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.

[zaesvlas]

In general, I originally bought bitcoin not so long ago, at a price of about 35 thousand dollars.

[Wysi]

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.

[taufik123]

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.

[laurenB7742]

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.

[taufik123]

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.