Good time to buy?

[Doell]

I'm afraid this isn't the right time because maybe we will see another correction but this week the market looks fresh good but still a little rest between 37K - 38K ,ah except for long term investments this prices below 40K are the right price to buy which means now is the right time ,you will not panic when the market is corrected again long term is the best investment !

[Husires]

You don't need to look at the price chart because you read the update after it happens but delve into some of the data on the network that glassnode provide:

Miners Accumulating #Bitcoin
- 5 consecutive days of accumulation over +6,100 #BTC
- $43m purchase by Bitfarms in the first week of January.

Source: https://twitter.com/BTC_Archive/status/1480904360230072324

https://insights.glassnode.com/the-week-onchain-week-02-2022/

You will find more data in the link above so we may be one step closer to 30%+ bumping.

All technical indicate that the price should rise, so if you want to buy now,
it may be a good opportunity to buy and achieve gains of about +30% over the next three months.

[Oasisman]

I'm afraid this isn't the right time because maybe we will see another correction but this week the market looks fresh good but still a little rest between 37K - 38K ,ah except for long term investments this prices below 40K are the right price to buy which means now is the right time ,you will not panic when the market is corrected again long term is the best investment !

What do you mean now is not the right time to buy, but below $40k is the right time to buy lol.
There's an obvious hesitation right there.
If one cannot decide for himself on when is the perfect time to buy, then take what the others advice and start DCA.
Time is ticking, nobody knows whether or not Bitcoin will go below $30k. It was a very strong support It might never be break.

[STT]

Yes be optimistic right now imo its easily possible we can see a rise so long as we break the downtrend from here.  I will post the chart so hopefully its with some clarity its possible to see a trend of rising lows on the daily bars.   As always price wavers and confuses observers as we wane back and forth, this is normal but a pattern notable and sustained is worth taking into account.    As always set out a bullish scenario and also the point at which it is no longer valid, my hope is we break upwards to reverse selling all the way back to the ATH

[Wexnident]

Well if you think it just "looks like", then you don't really know what's going to happen with the market, just like with most of us really. I won't deny that the current market point would be a good spot to invest in, but it doesn't mean that the market wouldn't subside or dip down any longer. If you were investing for the long term, then sure, almost any dip could be called a good investment point but if you were shorting then well, that's a bit more difficult to tell really, or honestly impossible, since no one knows what the market will do.

[adaseb]

Nobody knows what the best price to buy Bitcoin is. Because no one knows what will happen in the next few weeks or months. Like the above posters have said, if you want to invest, then average in over time.

This way you have a decent average if it tanks lower or if it rips up. If you buy everything at once now and it goes to like $25K and you can’t buy anymore you will have a very high average price. So dollar cost average every few weeks. Same with taking profits.

[kotajikikox]

Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?

If you wanted to Hold then this is the perfect timing , though there are someone whos thinking this can be fall down to below 30k but at least 33-37k is the half value of the ATH so why not?
and also consider altcoins as it is also dumping , you can choose between the ranking coins to put investment with bitcoin.

Buy and keep  and prevent Buy and sell because this is still unpredictable and can stay this down for the whole year .

[LogitechMouse]

Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?

Anytime is a good time to buy as long as you are doing Dollar Cost Averaging.

This is for me the best and safest strategy to do when you are a newbie and just starting to invest. Well, its obvious that you need to do some research and learn but in terms of safest way of investing I think this is the safest. We didn't reach the $30,000 price range yet since the support right now short term is the $35,000 price range. We might see it go below that price even more but it seems like Bitcoin is slowly recovering. I'm a bit bearish still on the market but my sentiment might change if it goes above $40,000 and stays there for quite some time .

[pooya87]

For you? No but generally yes.
It's pretty simple, if you want to buy bitcoin you have to first educate yourself about what bitcoin is! If you don't know what it is, what valuable and unique utilities it provides, what kind of potential it has, etc. you can not make a wise decision so it is best that you never buy bitcoin, not now and not ever. Until you educate yourself. When you do that, you won't ask questions like this anymore because you already know the answer and if we give you the answer we rob you of that well needed education.

[noormcs5]

Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?

What else be the good point to buy ? If you do not buy bitcoin now at these cheap prices, then when will ou buy? You can't find the exact bottom to buy. If you wait for more down prices for bitcoin, there are chances that bitcoin won't go below further and move up from here.

If you are long term holder, then you should definatly buy now and if prices go further down then no need to panic. The prices will recover.

[Cryptock]

Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?

If someone is thinking about investing for several years, this is a very good time to invest. If someone is thinking about investing for a few months, in my opinion, they should wait a week or two for the situation to clear up, whether it is the end of the fall in prices or the bottom is even lower.

[EdenHazard]

Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?

What else be the good point to buy ? If you do not buy bitcoin now at these cheap prices, then when will ou buy? You can't find the exact bottom to buy. If you wait for more down prices for bitcoin, there are chances that bitcoin won't go below further and move up from here.

If you are long term holder, then you should definatly buy now and if prices go further down then no need to panic. The prices will recover.

Yupp remember just remember ... buying bitcoin is always great at anytime.
Just the matter how you do treat your money as investment or a trade it at certain time span , for instance you do bought it now but then the price getting dip even more deeper , at this stage you need to have a price target each time gets dropped and you have to adjust it with your bankroll.

100k usd bankroll for instance :

 5 percent divided by 5 phase from 37k to 30k price target it's 7 k between the target then divided by 5 it's 1.4k buying budget for every 1k bitcoin price dropped.

And so on andd on and on.
You will never missing any good momentum.

Not a financial advice tho.

[Ziskinberg]

Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?

We can't deny that we usually take a look at the market price before buying. And for me, $30k is quite a good price to buy, we no longer have to wait for the price it dumps more as we're likely to miss some chance. Plus, we are not sure that Bitcoin will be going deeper as it is probably the price rise. Just trying to look at the market now, they've started to make green, and Bitcoin now is moving close to $40k. If you are about to buy it in the past days, you're making a profit now.

[Reid]

It's cheaper by almost a half since ATH so yes for me too.
But don't expect much, it may have been resisting to be dumped further but the possibility is still there although I think it won't be that far anymore since it had been 10 days now if we count the day it went to 36k dumped that surprised me. Just be sure you are not expecting to sell in a short term because it might let you down if ever it dips again. Be ready for anything after you purchase.

[Frengki_cisco]

Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?

With the current conditions of the crypto market, I think there is a lot to think about before continuing to buy Bitcoin, I have unfinished belief for Bitcoin which is much more than $20,000 minimum.

Personally I'm not sure this is the lowest point, there are even more satisfying points in my opinion this year.

[Cryptock]

Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?

With the current conditions of the crypto market, I think there is a lot to think about before continuing to buy Bitcoin, I have unfinished belief for Bitcoin which is much more than $20,000 minimum.

Personally I'm not sure this is the lowest point, there are even more satisfying points in my opinion this year.

This scenario is not at all certain. As a percentage, the price of Bitcoin has already dropped, just like last summer. Now the situation is more bearish, but that doesn't mean it's very negative. Whales could be activated at any moment and the trend could reverse very rapidly. Remember that the market generally behaves differently than the majority thinks.

[sana54210]

Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?

We can't deny that we usually take a look at the market price before buying. And for me, $30k is quite a good price to buy, we no longer have to wait for the price it dumps more as we're likely to miss some chance. Plus, we are not sure that Bitcoin will be going deeper as it is probably the price rise. Just trying to look at the market now, they've started to make green, and Bitcoin now is moving close to $40k. If you are about to buy it in the past days, you're making a profit now.

The thing is, how much lower could it even get? Like lets say I bought at 35k instead of 30k, and it went to 70k in a few months, am I really missing all that much? Does it worth the risk to wait that long? I am not saying that it won't happen but it just feels like the reward is much bigger than the risk we are taking when buying at these prices.

I am not saying that there won't be any further downs, there "might" be some more drop in the price, there is nothing that stops that and I get that, but it really doesn't mean that we should be supporting something like this just because we want to buy cheaper, we might also be wrong about that too. So we should just keep on buying as long as we possible could and then we could end up with a profit or maybe it will fall and we will profit a bit later which won't really be something to be shamed about.

[jossiel]

With the current conditions of the crypto market, I think there is a lot to think about before continuing to buy Bitcoin, I have unfinished belief for Bitcoin which is much more than $20,000 minimum.

Personally I'm not sure this is the lowest point, there are even more satisfying points in my opinion this year.

We'll determine the lowest point if it ever comes. But for the meantime, when it had to the lowest which was around $33k, that's already the point of others that have been probably set.

And right now, it had hit $38k and trying to force itself out of that line to get into $39k. But if you think that it's not yet comfortable to buy, you really have to wait for another low price point. It will be a matter to yourself if the recovery continues to push $40k upwards.

[Questat]

With the current conditions of the crypto market, I think there is a lot to think about before continuing to buy Bitcoin, I have unfinished belief for Bitcoin which is much more than $20,000 minimum.

Personally I'm not sure this is the lowest point, there are even more satisfying points in my opinion this year.

We'll determine the lowest point if it ever comes. But for the meantime, when it had to the lowest which was around $33k, that's already the point of others that have been probably set.

And right now, it had hit $38k and trying to force itself out of that line to get into $39k. But if you think that it's not yet comfortable to buy, you really have to wait for another low price point. It will be a matter to yourself if the recovery continues to push $40k upwards.

As seeing the market trend not to wonder that some people will ask "Am I late to buy?" I could understand that these people who keep asking when to buy and when to sell are those who certainly are in doubt about crypto. They become undecided as they new know well about the market and that kind of sentiment pished me off.
Because the point is that if we can buy at $40,000 during bullish, we can also buy at $30,000 during the bear market. The profit won't be instant and that is why we hold.

[Fatunad]

With the current conditions of the crypto market, I think there is a lot to think about before continuing to buy Bitcoin, I have unfinished belief for Bitcoin which is much more than $20,000 minimum.

Personally I'm not sure this is the lowest point, there are even more satisfying points in my opinion this year.

We'll determine the lowest point if it ever comes. But for the meantime, when it had to the lowest which was around $33k, that's already the point of others that have been probably set.

And right now, it had hit $38k and trying to force itself out of that line to get into $39k. But if you think that it's not yet comfortable to buy, you really have to wait for another low price point. It will be a matter to yourself if the recovery continues to push $40k upwards.

Lots had been anticipating that it would go below 30k but it didnt happen since the market had made out some recovery but not really much since we are still playing on 38k price which there would be still probability
that we would going down thats why it isnt bad to take some action whether you do buy now and sell later on as long you could play out with the volatility and make profits then this do matter most.
Good time to buy? Its your call but these prices are still low imho which it isnt bad for you to get in but if you do go for possible lowest price then it would be always a question.