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Author Topic: Good time to buy?  (Read 1371 times)
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February 03, 2022, 05:35:57 AM
 #61

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.
Based on my experience, I can say that whenever bitcoin experiences a decline in price, sooner or later its price will recover. One that is still very memorable was the decline during 2020 but in 2021 bitcoin gradually recovered and reached a previously unimaginable ATH. I didn't imagine that the bitcoin price would hit $69K in 2021 after dumping during 2020. But that's the truth.

Buying bitcoin on a dip is a great option for those who believe in bitcoin's potential to reach higher prices in the future. They must be patient and wait for the target they have set is achieved. It may take 1 to 4 years longer from now, but it should be achievable if something bad doesn't happen to bitcoin.

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TravelMug
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February 03, 2022, 05:54:16 AM
 #62

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.

Yes, but the only problem specially for newbie investors is how and when to buy. As they might not know when to time the market. So just like when we see like $32k'ish, maybe others have been questioning if this is the floor price or will it go?

But for smart investors specially with a lot of capital to begin with, they can simply but at this price point and then see where the price will go. If the price continues to dip, then maybe they will buy more, when the price goes up, then it's a profit for them.

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poldanmig
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February 03, 2022, 05:54:23 AM
 #63

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.
Based on my experience, I can say that whenever bitcoin experiences a decline in price, sooner or later its price will recover. One that is still very memorable was the decline during 2020 but in 2021 bitcoin gradually recovered and reached a previously unimaginable ATH. I didn't imagine that the bitcoin price would hit $69K in 2021 after dumping during 2020. But that's the truth.

Buying bitcoin on a dip is a great option for those who believe in bitcoin's potential to reach higher prices in the future. They must be patient and wait for the target they have set is achieved. It may take 1 to 4 years longer from now, but it should be achievable if something bad doesn't happen to bitcoin.
Bitcoin has strong fundamentals compared to other crypto, so it often repeats the cycle that has happened, such as the decline that occurred in 2018 which was considered the worst phase of bitcoin and many people thought 2018 was the end of bitcoin, but in fact bitcoin is slowly rising and continues created a new record high so far, and this is why bitcoin is indeed more identified with long-term assets so that if buy cheaply and keep it for a long time, it will definitely be able to provide big profits for the holder.

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February 03, 2022, 06:04:44 AM
 #64

~~~

Buying bitcoin on a dip is a great option for those who believe in bitcoin's potential to reach higher prices in the future. They must be patient and wait for the target they have set is achieved. It may take 1 to 4 years longer from now, but it should be achievable if something bad doesn't happen to bitcoin.
The do you know indirectly we are making same point? From the beginning, hopefully is encourageable from your perspective to purchase bitcoin via bearish time? Probably you will say yes" do you also know that we have impatient and novice investor's in the market, some people don't like to exercise patient, like holding a currency for more than six months period, it's only investors that know the denomination and cherish for that, but novice don't have the mentalities of such, holding of coin from 1 to 4 years, it's You and I knows the benefit and profit there via long term holding, but passing the knowledge to beginner they will find it very difficult to comprehend the scenario.



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February 03, 2022, 06:25:45 AM
Last edit: February 03, 2022, 06:44:44 AM by tygeade
 #65

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 many people do mention all over the forum, all times are good to buy bitcoin as we cannot predict the exact market direction in near future. These days people are highly emphasizing the importance of regular investment into bitcoin to ensure not missing out good bottom price levels. For current market situations, as long as the support levels around $31 to $29k levels are holding, we can confidently keep buying.

I am a regular and long term investor of bitcoin and this is the reason I do feel the current market scenarios must be another good time to accumulate something (not for all my available funds) and wait for some more time to get some fresh funds and to buy more regardless of where bitcoin will be trading.

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February 03, 2022, 06:52:20 AM
 #66

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.

talking about this moment is the time to look at bitcoin for sure, because if you refer to altcoins which are still clichés it will make you even more restless to buy and this is not pessimistic but talking about the moment it's time to buy bitcoin based on price declines at the beginning of the year and will slowly improve once it's visible compared to other coins.

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February 03, 2022, 07:21:22 AM
 #67


Yes, but the only problem specially for newbie investors is how and when to buy. As they might not know when to time the market. So just like when we see like $32k'ish, maybe others have been questioning if this is the floor price or will it go?

But for smart investors specially with a lot of capital to begin with, they can simply but at this price point and then see where the price will go. If the price continues to dip, then maybe they will buy more, when the price goes up, then it's a profit for them.
Actually you comprehend this excellently because the time factor to purchase cryptocurrency and especially bitcoin really have meaning or contributes for the lost and profit we fall into, the understanding is there via knowing the time frame to purchase and the time not to purchase, so if investors is capable to detect this, the investor will scale through.

No investor will likely purchase when the market is of increase even beginner's, it's important to study the chart of bitcoin very well and understand the movement of candle sticks, it will enable someone to actually know when the regulation price will be critical via falling and also adventure into disadvantages or the timing to purchase Bitcoin to avoid massive lost.

You reference a price (32k), actually you are in right track via your explanation, because some people don't know when the price will be downgrade but studying of the chart you can be able to know a little bit of the price regulations.



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jamkesmas
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February 03, 2022, 01:08:59 PM
 #68

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?

very hard to say this is the right time or not. It depends on you, what strategy you use in investing. If you are investing in the long term it might be a good time, and expect Btc to start rising until you get the profit you want.

If you use a short-term strategy in investing. I think the current price of btc doesn't really matter to you. What is very influential in terms of short-term investing is the right analysis. You can get a little profit. And what I think is most needed is experience in seeing the market.

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February 03, 2022, 01:26:43 PM
 #69

I think, if you are a long-term investor, maybe you can buy bitcoins anytime you want without having to wait for bitcoin prices to fall even deeper than now. Although the price of bitcoin is currently weakening but the current downward trend in price will end soon and the bull run market will return. My advice, secure your assets, invest wisely, and buy gradually according to your financial capabilities.

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February 03, 2022, 02:33:14 PM
 #70

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?

very hard to say this is the right time or not. It depends on you, what strategy you use in investing. If you are investing in the long term it might be a good time, and expect Btc to start rising until you get the profit you want.


I assume that you are right, it's hard to know when will be the right time to buy but for me, taking advantage of the dip is the right option. if huge investors are into buying, we (small investors) must do the same as well. It perhaps, I'd buy some in the past days and look, I'm in profit now as the price just climbs after buying. If that people/novice does during that time, it probably they are not asking when to sell. Quite normal to see, though.

R


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ethereumhunter
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February 03, 2022, 03:51:33 PM
 #71

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 the price is at the dip, then yes, it is a good time to buy. But if you want to wait for another dip, then you should wait and see. But if the price is not down again instead of trying to increase and you are not yet to buy, you should regret it because your time is gone and you need to wait for another correction. Only you can determine when the good time to buy because our time to buy will be different. So you need to analyze by yourself to find the time. I consider this time is a good time to buy for a small amount.

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matchi2011
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February 03, 2022, 04:04:17 PM
 #72

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 the price is at the dip, then yes, it is a good time to buy. But if you want to wait for another dip, then you should wait and see. But if the price is not down again instead of trying to increase and you are not yet to buy, you should regret it because your time is gone and you need to wait for another correction. Only you can determine when the good time to buy because our time to buy will be different. So you need to analyze by yourself to find the time. I consider this time is a good time to buy for a small amount.

Precisely, if you already missed the chance, regret is the only thing inside you, but if you are positive that you are capable of adjusting
and you can still work it out riding in the next run. Sparing good amounts of money to invest is your priority.
It will going to depend on how you perceive things out. Think of every opportunity to be your shot to earn a decent amount of
profits.

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Vaculin
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February 03, 2022, 11:38:47 PM
 #73

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 the price is at the dip, then yes, it is a good time to buy. But if you want to wait for another dip, then you should wait and see. But if the price is not down again instead of trying to increase and you are not yet to buy, you should regret it because your time is gone and you need to wait for another correction. Only you can determine when the good time to buy because our time to buy will be different. So you need to analyze by yourself to find the time. I consider this time is a good time to buy for a small amount.

Precisely, if you already missed the chance, regret is the only thing inside you, but if you are positive that you are capable of adjusting
and you can still work it out riding in the next run. Sparing good amounts of money to invest is your priority.
It will going to depend on how you perceive things out. Think of every opportunity to be your shot to earn a decent amount of
profits.
That is, if you think investing in every dip is a good opportunity. But if you think that you have to wait for more dips because you have limited funds, then you should  always be ready to lose another chances as the market never pumps or dumps consistently. You should know that the market is very unpredictable so you need to prepare funds ahead of time, most likely in times of bullish. So that once good opportunity to buy comes, you will always take advantage of the market and never miss any single opportunity.
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February 03, 2022, 11:49:05 PM
 #74

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?

The question that was always being raised was whether it's bull or bear trend.

Just come with this logic, if there are lots of questions and worries being asked if it's a good time to buy when the market is at a peak, what should be done in the event that everything is cheap?

Don't hesitate to buy if you really like to own one. That's my advice.
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February 03, 2022, 11:49:47 PM
 #75

I think, if you are a long-term investor, maybe you can buy bitcoins anytime you want without having to wait for bitcoin prices to fall even deeper than now. Although the price of bitcoin is currently weakening but the current downward trend in price will end soon and the bull run market will return. My advice, secure your assets, invest wisely, and buy gradually according to your financial capabilities.
Its pretty cheap for a long term goal and its really good if you are able to but at a cheaper price before the price pumps again. The market is on a good price stable at $37k, probably it wont drop again below to $33k since it becomes the bottom for the recent bear.

The best time to buy is when you’re ready I believe, buy if you can afford to take the risk and lose money because even if you buy Bitcoin, profit is still not guaranteed. Decide now if you want to buy or wait for another dump, that’s a decision you have to make.
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February 03, 2022, 11:52:43 PM
Last edit: June 12, 2023, 12:11:19 AM by STT
 #76

Its just rejected the possible move upwards, at least be cautious at this time.    Wait for price action to move above the weekly average seems best.



Not breaking the fall all the way from the top is really quite bearish.  Further out I do see BTC rising but theres no point trying to guess where that is until it shows the ability to pick itself off the floor and just now its tripped over again.   38.5k is about the point to watch, come back and see if it can hold this as a low in a 4hr bar; till then presume failure I guess.

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February 04, 2022, 06:39:22 AM
 #77

very hard to say this is the right time or not. It depends on you, what strategy you use in investing. If you are investing in the long term it might be a good time, and expect Btc to start rising until you get the profit you want.

If you use a short-term strategy in investing. I think the current price of btc doesn't really matter to you. What is very influential in terms of short-term investing is the right analysis. You can get a little profit. And what I think is most needed is experience in seeing the market.
What type of investment you are making is definitely a good reason for people to have different results. I mean just because I should buy at this price doesn't mean you should buy at this price neither, they change from one to another. So, this means we are talking about different approaches as well as being in different positions. For example, if you have all of your money in cash and you did not invested in anything so far, then you should use some of your money to buy some bitcoins right now.

If you already bought a lot of bitcoins but do not have anything else and just some cash then you should get some good altcoins (like eth or something not bad memecoins), if you have all of them and have no cash left then you could not get anything more. Basically it depends on your situation and your strategy so everyone has different answers to this question.
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February 10, 2022, 02:07:19 AM
 #78

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?


Now it's not a correct time to inverse your money. Because it's not a dump market now. Now the market price up to the value of 44.5k dollars.Which means, it gonna reach of 45k dollars soon.People think about the investments for certain time.But the nice move will be the bear market and not a bull market. For the bulk some amounts, it's good way for the holding at the bull.The bull near make you to lose you money at concern.

Unfortunately, it is not the right time. The opportunity is when the price goes down hard to $32,000, but it seems we have rebounded already to $44,000 again. So that's another missed opportunity for the majority of us who waited and still thinks the price will tank and go below $30,000.

And it just shows that we don't need to wait for the floor price, as long as the price goes down, take it as a gimme as the price is at a discount and buy what your budget can afford and simply hold. And when it goes down again, rinse and repeat.

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February 10, 2022, 04:25:38 PM
 #79

Maybe or haven't seen your message before. But when Bitcoin was at 30K$ or a little higher, I bought some tokens. SLP is much better because I bought it at 0.013$. It is now at about 0.04$. I'd like to sell it if it's 0.10$. Looking forward to your feedback.
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February 10, 2022, 07:31:18 PM
 #80

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?


Now it's not a correct time to inverse your money. Because it's not a dump market now. Now the market price up to the value of 44.5k dollars.Which means, it gonna reach of 45k dollars soon.People think about the investments for certain time.But the nice move will be the bear market and not a bull market. For the bulk some amounts, it's good way for the holding at the bull.The bull near make you to lose you money at concern.
We have reached the 45k level and I think we can safely say that we are not in a bear market yet and what we saw was only a temporary correction, I think most of us are glad this is the scenario that is materializing as then there is still a chance that the bull market keeps going up strongly during this year, however it is not going to be easy, because as we know besides the pandemic, which it seems it will never leave, now we have to deal with political instability an we have no idea how bitcoin will perform under those conditions.
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