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Author Topic: Good time to buy?  (Read 1370 times)
Rengga Jati
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January 31, 2022, 11:17:45 PM
 #41

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?
This is the umpteenth time I've read about a topic like this.  Cheesy
Well, let's see how many people will also again ask this question when the price has been rising up in the future or even when the price backs to drop again.
What I see also is about many people will be buying bitcoin when the price is going to rise up significantly in the hype when the price is at more than $50k. But they are too afraid of buying Bitcoin when the price dropped enough to approach $30k.
This is the psychology of Bitcoin buyers, not investors (some of them).

If you ask me, I will tell you, yes, this is the time for buying. Every time is a good time to buy. Moreover for a long-term hold.


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January 31, 2022, 11:58:16 PM
 #42

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?
This is the umpteenth time I've read about a topic like this.  Cheesy
Well, let's see how many people will also again ask this question when the price has been rising up in the future or even when the price backs to drop again.
What I see also is about many people will be buying bitcoin when the price is going to rise up significantly in the hype when the price is at more than $50k. But they are too afraid of buying Bitcoin when the price dropped enough to approach $30k.
This is the psychology of Bitcoin buyers, not investors (some of them).

If you ask me, I will tell you, yes, this is the time for buying. Every time is a good time to buy. Moreover for a long-term hold.
Those people are seeing a profit in a short term not the long term and most of them are usually getting into a trap.
I've noticed this too, when Bitcoin hit the ATH they are all talking about investing or asking "am I too late to invest".

I tend to agree with you, investing in Bitcoin is good for the long term, not just the short term.  Anytime is good to buy Bitcoin as long as you know how to hold the value and sell when you have a profit.  The more years that you can able to hold, there's a good potential to make profit.
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February 01, 2022, 02:46:34 AM
Last edit: February 04, 2022, 08:53:51 AM by aruldaroy
 #43

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.

But I think now is a good time to buy because now the standard price remains around $37k and the final price is $38k.
But it all goes back to their own belief items x they wait for it to drop to $30k or wait again until it drops below $30k.
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February 01, 2022, 04:01:34 AM
 #44

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?
This is the umpteenth time I've read about a topic like this.  Cheesy
Well, let's see how many people will also again ask this question when the price has been rising up in the future or even when the price backs to drop again.
What I see also is about many people will be buying bitcoin when the price is going to rise up significantly in the hype when the price is at more than $50k. But they are too afraid of buying Bitcoin when the price dropped enough to approach $30k.
This is the psychology of Bitcoin buyers, not investors (some of them).

If you ask me, I will tell you, yes, this is the time for buying. Every time is a good time to buy. Moreover for a long-term hold.
Can't be helped I guess, people would always ask the same questions every time since the price does change, so their pov of what to do would also change. It's kinda odd really, since most recommendations would always say buy low sell high, and yet people would still ask. With the mentality of each increase means that being the new "high" and each dump being the new "low", it should be possible to at least follow that kind of setup. Or they can just DCA to make all these issues go away.

R


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February 01, 2022, 04:04:56 AM
 #45

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.

But I think now is the right time to buy because now the standard price remains around $37k and the final price is $38k.
But all back again to their own beliefs item x they waited for it to drop at $30k
If I were you, I would not buy at this time because it is a bit risky to force ourselves to enter the market.
My reason is that the candle is still at the green and it was not increasing higher a few hours ago.
I prefer to wait for a little time until a red candle comes on the market and the price can go down for a while to enter the market.
But if you still want to try to buy now, you can do that but make sure you already analyze to find the time to enter the market.

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February 01, 2022, 06:55:53 AM
 #46

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?
I guess the right approach that you need to follow once you decide about bitcoin investment is, regularly buying. Yeah, today may be a right or wrong time but that would be realized only on tomorrow hence we need to risk within today which means you should split your capital into multiple parts and with them buy bitcoin on regular interval. This process should be followed for years to decade so that you could enjoy all the benefits of bitcoin investment and bitcoin holding.

All I mean is, do not wait for the bottom to happen. Even you are good in technical analysis and to spot ups and downs of bitcoin market, it would be highly recommended to go for regular buying and long term holding when it comes about bitcoin investments.
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February 01, 2022, 07:12:31 AM
 #47

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?
yes, I think so, times like this are the right time to buy because the price of Bitcoin is already very low and the price correction is very far after reaching its peak price a few months ago.

from after you wrote this the price of Bitcoin is now back high in price and today it is at 38k and in my opinion a very good thing.
we can't say for sure that the bears have died down, but hopefully it will.

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February 01, 2022, 08:43:42 AM
 #48

In my opinion, technically the price of bitcoin is currently at the support level of $38k, therefore I think this is a good moment to buy because a bull market is imminent. If the current price increase continues, there is a possibility to go to the next support level where the bitcoin price will reach $50k.

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February 01, 2022, 06:24:41 PM
 #49

Now bitcoin price around $38k+. Bitcoin continue price is not dropping. I still believe bitcoin movement price correction. Previous week bitcoin price was little drop i think that time was to good to buy time.If you have holding bitcoin then you can hold long time your holding coin i hope you will be get good benefit from it.I hope bitcoin price will be more rise This year.
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February 01, 2022, 09:56:06 PM
 #50

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.
There will be always them that will ask the same question about being late to buy. I guess whenever we see new highs and lows, that question is always anticipated and somebody is going to ask about it.

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.
Not all the time. Those that have bought at a higher price is likely that they've spent already what they've got for their budget. That's making them unable to buy anymore because they got no money left to buy for the newer lows.
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February 01, 2022, 10:46:53 PM
 #51

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?
It is not just Good time but this is a Perfect Time to purchase mate , Imagine the value steadied at 30k level? this is a long time given to purchase in lower value as we are heading to another increase in the next coming weeks or months.
Look at the market and slowly recovering and if this continued to happen then you will be missing the chance if did not take this advantage.
But of course only invest what amount you can afford to lose and never exceed on that if you don't wanna ruin your funds in the future.









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February 02, 2022, 09:35:13 AM
 #52

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?
Well it depends on you on how are you going to invest it. If you are short-term investor or a trader then it is not the right time to buy.But if you are a long term investor then it is the chance for you to buy even more. It is always a right time to buy cryptocurrency as long as you have enough patience and planning to hodl it for a long run.
Dont take any action without a proper knowledge because it is dangerous . It is advisable to not put all your money for investment because it is a little bit risky. And as for me 30k is not bad at all,it is still  a good thing to buy and a great time to buy..Market will rise very soon, so claim it.
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February 02, 2022, 10:08:39 AM
 #53

In my opinion, technically the price of bitcoin is currently at the support level of $38k, therefore I think this is a good moment to buy because a bull market is imminent. If the current price increase continues, there is a possibility to go to the next support level where the bitcoin price will reach $50k.
But also 38k is the barricade right? because the support stands at 37k actually not 38k , for several time in couple of days the price goes up and down from 37k to 38k . but you are correct that if the pump continues then there is a chance that 50k will be the target.
What i wanna see is the 40k run, because this has been denied for a week now, and we stays at 30k level.
once this broken again? then the chance of hyping is there.

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February 02, 2022, 03:10:05 PM
 #54

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?
It was great time to buy as the market was in more deep .The market are starting to recover gradually and really it is on good position and we are hoping that to get a strong momentum to the up .The whole market was really surviving on the month of January nevertheless we are on good track for the upcoming days .I think it was great to buy that we have passed and still we have a good chance to buy now on this point .We are really looking forward for the upcoming days and hope he who bought recently and still on this point will get a good return within short term .Lets see how market behave with us .

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February 02, 2022, 06:57:37 PM
 #55

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?
Like most of the time it depends on what your goals actually are, if you are interested in holding your bitcoin for a very long time then this is a good entry point, after all even if the price goes down even more you are not going to panic as your goal was to hold those coins for a long time and if anything it will be an opportunity for you to buy even more coins for a good price, however if your goals are more short term oriented I think it could be a good idea to wait a little bit more before you buy bitcoin.
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February 02, 2022, 08:39:34 PM
 #56

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?
Like most of the time it depends on what your goals actually are, if you are interested in holding your bitcoin for a very long time then this is a good entry point, after all even if the price goes down even more you are not going to panic as your goal was to hold those coins for a long time and if anything it will be an opportunity for you to buy even more coins for a good price, however if your goals are more short term oriented I think it could be a good idea to wait a little bit more before you buy bitcoin.
Investors would really be neither having those plans whether a long term or short term holder thats why they do really differ on actions to be made.Good time to buy?

These are only times when the market have deep reds but are you sure that you would take some buy decision whenever it would happen?

I dont think so yet fear would really be big hindrance for you to make such step.

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February 02, 2022, 09:11:36 PM
 #57

I Think It's totally depends on your goal.Market price little dip now.I'm suggested to you,You can more time to hold your holding coin.Previous week bitcoin price touched under $35k but this week bitcoin price around 37k+ i hope bitcoin price will be more increase this year.You can hold long time i hope you will get good benefit from it.
Buying of Bitcoin now depends on the investor because right now Bitcoin regulations is not static or authentic, the statistics of bitcoin chat i viewed recently is showing that bitcoin long way for decreasing before it will retrace, actually you are right because bitcoin movement decreasing from thirty five (35k) and increased to thirty seven (37k) that deserved people a lot to think that we are going out from bearish market. Right before Bitcoin can accelerate or experience bull run this year it will drop from between the range of thirty seven (37k) to twenty five (25k)and twenty  (20k) before the price will normalize or return to sixty plus (60+)
   



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BITCOIN4X
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February 02, 2022, 09:28:42 PM
 #58

OP, the best time to buy bitcoin is when you have money and are eager to have it regardless of the current price. If you want to trade maybe you have to time it but I believe if you just want to own it and want to use it as a means of payment then you can buy it any time.

Buying of Bitcoin now depends on the investor because right now Bitcoin regulations is not static or authentic, the statistics of bitcoin chat i viewed recently is showing that bitcoin long way for decreasing before it will retrace, actually you are right because bitcoin movement decreasing from thirty five (35k) and increased to thirty seven (37k) that deserved people a lot to think that we are going out from bearish market. Right before Bitcoin can accelerate or experience bull run this year it will drop from between the range of thirty seven (37k) to twenty five (25k)and twenty  (20k) before the price will normalize or return to sixty plus (60+)
In the short term it may be difficult for us to determine when is the best time to buy and make a profit, but if someone decides to buy and hold it in the long term then one of the best times to buy is when bitcoin is experiencing a decline a correction. Traders and investors can take advantage of the downside to get cheaper prices before the recovery takes hold. Many people do it and make a profit, but it should be done at your own risk.

About the possibility of a larger decline may have been discussed before and will always be discussed, causing investors and traders to hesitate to buy. Price down and ATH are always possible, so take it at your own risk before deciding to buy or invest.

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February 02, 2022, 10:31:31 PM
 #59

I think now is a good time to buy as bitcoin has the potential to move in the next few weeks testing the $4k resistance. Some indications in the crypto market indicate that it is strengthening and will potentially increase the price of bitcoin or at least touch the $40K area.

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February 03, 2022, 05:13:09 AM
 #60

I think now is a good time to buy as bitcoin has the potential to move in the next few weeks testing the $4k resistance. Some indications in the crypto market indicate that it is strengthening and will potentially increase the price of bitcoin or at least touch the $40K area.
Like what i said before, it's good to buy at this particular stages of price, but a good investor and trader will like to purchase cryptocurrency when the price comes below so that they will not experience lost and make surplus profit, you know the lesser you buy Bitcoin the higher you make profit if it rises, it's few that will have the pre knowledge that bitcoin might decrease more than thirty seven thousand (37k). So immediately Bitcoin eventually decrease in price again it will return or skyrocket in price.



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