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Author Topic: Best time for me to buy  (Read 6621 times)
Shasha80
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October 09, 2022, 12:41:16 AM
 #261

If we have a plan to be an instant rich person, the best and fastest thing we can do is buy bitcoin, if you have assets such as property, gold or others then I suggest selling and using to buy bitcoin, I have friends who sell houses worth $ 100K to buy bitcoin a few days ago, he has a vision for a long -term hold.

I admit buying Bitcoin now where the Bitcoin price is already very low can give us a very large profit in the future. Moreover, if we can buy Bitcoin
in large quantities, our chances of becoming rich are very large in the future. But what we need to remember is that Bitcoin is not 100% safe,
especially if we are inexperienced and lack knowledge about the crypto world, it can be a loss when investing in Bitcoin. I still suggest buying Bitcoin
wisely, just gradually with the extra money we have. What your friend did by selling his house and then buying Bitcoin was too risky in my opinion,
if it turns out that Bitcoin is not moving according to your friend's expectations, then it will only make your friend panic and can make the wrong decision.
Besides, I don't know how strong your friend is holding Bitcoin, I hope your friend is able to at least hold Bitcoin until 2024/2025.

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October 09, 2022, 01:30:24 PM
 #262

The market is still red and in my opinion never wait to buy immediately, the best opportunity to be able to buy at a low price, I'm sure the trend like now will be difficult to repeat in the future, I have also bought Bitcoin to the maximum and now only hold and wait for the market rising for sell.
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October 12, 2022, 12:23:51 PM
 #263

If we want a big profit in the long run or at least 2 years then I suggest to buy Bitcoin, the current price is around $ 19K and is a good offer to buy in large quantities, I'm sure the Bitcoin trend will soon improve and can reach $ 100K in 2 or 3 years.
2 years from now is not enough mate because the Halving may estimated to happen at least 2025 so there is still 3 years to count but indeed that it is Bitcoin that we must trust to buy than altcoins .
I also wanted to add some altcoins but of course the big chunks is for Bitcoin that stands to 70% of my total folio is in bitcoin .
The market is still red and in my opinion never wait to buy immediately, the best opportunity to be able to buy at a low price, I'm sure the trend like now will be difficult to repeat in the future, I have also bought Bitcoin to the maximum and now only hold and wait for the market rising for sell.
if you can afford to buy and look for that  chance then why not? but trust me never keep asking for the lowest but instead be contented in at least some small profit.

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October 17, 2022, 07:22:43 AM
 #264

Of course now is a good time to buy, as profit-oriented investors, we must be able to know the price trend that is worth buying, many experts believe that the current price position is very cheap because it has dropped more than 70% compared to ATH that has ever happened in 2021.

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October 20, 2022, 03:18:15 PM
 #265

I will not start buying until I see $ 13,000. That's why I'm still in the waiting phase. I think we will see a new bottom. I think we can buy from here, but I think why should I buy high and lose the goods I buy. That's why patience and time are the most important concepts in this market. If you don't know how to be patient, you lose.
But you could be wrong, and your patience may prevent you from buying now, for example. 13k for bitcoin could certainly happen, but I think that figure is taken at random. Judging from the past highs, the bottom might have been there already, just at the last high and bitcoin is also at the bottom now. Every time I remember the story of 2020 when everyone was waiting for bitcoin at 1k, but the train left quickly.
That's the risk if you are waiting for a certain amount, though it's also possible that we may see Bitcoin to that level in case the economy won't be able to recover, there are factors that it can keep the market to fall as investors will secure their money and will not hold much longer, in a situation like this where the market direction is uncertain and we do have a global issue with the economy,

We might see more downfall, but for sure there's bounce back that will bring the market back on top and a possible to see new ATH in coming future.

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October 21, 2022, 03:18:11 AM
 #266

Quote
Despite no serious bull in the market for sometime,  I am thinking to buy more because the price at which bitcoin is right now I can be able to afford it. I planned buying when the price was at 40$ , the amount of bitcoin I planned to buy is a small quantity which if the market eventually go dip i may lost 30% of it. But now I feel even if I buy and it goes dip it wont go dipper the way the price is now.  What do you think about my plan?

I think, this is the best time to buy Bitcoin from the market because the price of Bitcoin will not decrease more than this before it will increase higher for those that invested in the past to start making income from their investments. This bearish season is about to leave the market for the bullish season to come, because many investors are waiting for this bullish season to come so that they can feel it in the community. I don't think, potential investors will miss this opportunity to buy Bitcoin and hold for future purpose, because the price of Bitcoin just decreased to $18,000 for those that missed the opportunity to use this opportunity to buy any amount of bitcoins they want and hold for the price to increase higher before they can sell.

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October 21, 2022, 05:16:13 AM
 #267

If we have a plan to be an instant rich person, the best and fastest thing we can do is buy bitcoin, if you have assets such as property, gold or others then I suggest selling and using to buy bitcoin, I have friends who sell houses worth $ 100K to buy bitcoin a few days ago, he has a vision for a long -term hold.

I admit buying Bitcoin now where the Bitcoin price is already very low can give us a very large profit in the future. Moreover, if we can buy Bitcoin
in large quantities, our chances of becoming rich are very large in the future. But what we need to remember is that Bitcoin is not 100% safe,
especially if we are inexperienced and lack knowledge about the crypto world, it can be a loss when investing in Bitcoin. I still suggest buying Bitcoin
wisely, just gradually with the extra money we have. What your friend did by selling his house and then buying Bitcoin was too risky in my opinion,
if it turns out that Bitcoin is not moving according to your friend's expectations, then it will only make your friend panic and can make the wrong decision.
Besides, I don't know how strong your friend is holding Bitcoin, I hope your friend is able to at least hold Bitcoin until 2024/2025.


Most of the predictions say that in the future bitcoin will go higher and the value will be much greater than it is now, but you see, no one can guarantee us all, it all stops at the predicted level. It must be said that selling a house and investing all of your assets in bitcoin is too risky, don't just look at the profit it brings, look at the risks it brings.

@Pejoh Asu, I guess your friend heard the prediction that bitcoin will grow to $100k by 2025 so he decided to sell his house to invest in bitcoin. Is that correct? And what if bitcoin doesn't rise in 2025. Did your friend take that into account?

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October 21, 2022, 07:01:19 AM
 #268

I think so, now is the best time to buy, the market is bearish and the current price is around $ 19k, usually the price will rise after reaching the bottom at $ 19k, and maybe next week has reached more than $ 20k so we can get profit at least 5% in a few days.

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October 21, 2022, 10:33:37 PM
 #269

I will not start buying until I see $ 13,000. That's why I'm still in the waiting phase. I think we will see a new bottom. I think we can buy from here, but I think why should I buy high and lose the goods I buy. That's why patience and time are the most important concepts in this market. If you don't know how to be patient, you lose.
But you could be wrong, and your patience may prevent you from buying now, for example. 13k for bitcoin could certainly happen, but I think that figure is taken at random. Judging from the past highs, the bottom might have been there already, just at the last high and bitcoin is also at the bottom now. Every time I remember the story of 2020 when everyone was waiting for bitcoin at 1k, but the train left quickly.
That's the risk if you are waiting for a certain amount, though it's also possible that we may see Bitcoin to that level in case the economy won't be able to recover, there are factors that it can keep the market to fall as investors will secure their money and will not hold much longer, in a situation like this where the market direction is uncertain and we do have a global issue with the economy,

We might see more downfall, but for sure there's bounce back that will bring the market back on top and a possible to see new ATH in coming future.
It seems to me that if there are still those investors who haven't sold their coins at this bearish season, it makes no sense for them to sell now. The best strategy for them would be to hold their coins. Most likely the weak hands have already left this market and the most patient ones are left. As for the bad state of the economy, I agree with you, but then again, probably the worst period is behind us.
It doesnt really have any sense if we do really talk about selling on loss or on a bear market but instead it would really be that sensible that you would rather be buying instead.Yes its not
really that simple because emotions will really be your main enemy on here which you cant really be that too confident on making such action.
Best time to buy is on when everyone is on fear, its really a very common market sentiment or sayings but applying it on such situation is never been easy.
Just act according into your risk taking because we do have different levels when it comes to this.

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October 21, 2022, 11:25:14 PM
 #270

Some people make their own speculation of when to buy cryptocurrency and other coin's especially bitcoin, but i want to tell you that the best to invest into cryptocurrency is the period where by bitcoin is experiencing a bearish market, and this is the rightful time Bitcoin can be buy and invest, i have to be sincere, is during the bearish market.
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October 21, 2022, 11:33:07 PM
 #271

Lovely peak and drop today in Dollar Index today gives some hope of weakness that can last more then a day though speculative its quite possible for us to top in bearishness here, would be nice to see.    This was opposite of a pin candle which can be bullish, we saw both a new local high and then resolved downwards.  BTC itself is holding well as it has repeatedly though hardly in a positive especially I think it can rise after failing to concede any lower.  Looks for 111.5 to trade below that and hold lower on DXY for some confirmation otherwise just another false start, events can turn negatively in any number of global region over the weekend of course.

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October 22, 2022, 02:37:02 PM
 #272

Now is a good opportunity to buy because we can get a cheap price, a 4 -year trend that is the price will drop when it previously reached the peak or ATH so that when the price is red like now it becomes the right opportunity to buy.

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October 22, 2022, 03:55:37 PM
 #273

Some people make their own speculation of when to buy cryptocurrency and other coin's especially bitcoin, but i want to tell you that the best to invest into cryptocurrency is the period where bitcoin is experiencing a bearish market, and this is the rightful time Bitcoin can be bought and invest, I have to be sincere, is during the bearish market.
Some other investors who may not have good knowledge about the cryptocurrency market will have one direction buying pattern and that is to buy sitting in the bear market and sell when the price recovers.

But most time some of those investors miss the wave by letting greed take the better part of the decision-making and when to act right, Bitcoin speculation has become a tough task lately and not everyone is getting it right.
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October 22, 2022, 05:16:20 PM
 #274

I will not start buying until I see $ 13,000. That's why I'm still in the waiting phase. I think we will see a new bottom. I think we can buy from here, but I think why should I buy high and lose the goods I buy. That's why patience and time are the most important concepts in this market. If you don't know how to be patient, you lose.
But you could be wrong, and your patience may prevent you from buying now, for example. 13k for bitcoin could certainly happen, but I think that figure is taken at random. Judging from the past highs, the bottom might have been there already, just at the last high and bitcoin is also at the bottom now. Every time I remember the story of 2020 when everyone was waiting for bitcoin at 1k, but the train left quickly.
That's the risk if you are waiting for a certain amount, though it's also possible that we may see Bitcoin to that level in case the economy won't be able to recover, there are factors that it can keep the market to fall as investors will secure their money and will not hold much longer, in a situation like this where the market direction is uncertain and we do have a global issue with the economy,

We might see more downfall, but for sure there's bounce back that will bring the market back on top and a possible to see new ATH in coming future.
It seems to me that if there are still those investors who haven't sold their coins at this bearish season, it makes no sense for them to sell now. The best strategy for them would be to hold their coins. Most likely the weak hands have already left this market and the most patient ones are left. As for the bad state of the economy, I agree with you, but then again, probably the worst period is behind us.

Upcoming event could test those patient ones nerve as there are more bad news on the way. Next CPI data release in december could trigger it. Also many people will be force to sell some of their holdings to pay of their yearly expenses. Some political tension like tactical nuclear attack on ukraine could spread panic in the market. Overall situation is not very friendly for BTC.
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October 22, 2022, 09:01:32 PM
 #275

If we have a plan to be an instant rich person, the best and fastest thing we can do is buy bitcoin, if you have assets such as property, gold or others then I suggest selling and using to buy bitcoin, I have friends who sell houses worth $ 100K to buy bitcoin a few days ago, he has a vision for a long -term hold.
People do think that the only best time to buy Bitcoin is when the price is low, which i noticed from the beginning of cryptocurrency that bitcoin price can only be okay for investment when you have understand the market, because i know that itself is a kind of place where you can invest and still make your Profit, but the best time to invest in Bitcoin is during the time of bearish market and it's when investors buy more of cryptocurrency against the bullish market
There is no difference from what you are telling about. Low and bearish times are the same but other than that, I can't think of any great times to buy a btc. Buying at highs is very risky because people are doing the opposite move which is selling but if you don't mind waiting for a very long time then I think it is permitted because the price can still recover after some time and then move up to another all time high.

Anyone can invest in crypto and it does not matter if you have a great knowledge with it or not because you can still be lucky by hodling it, like what others did before when cryptos are still new. They just made a gamble and made a fortune later on.
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October 22, 2022, 11:59:30 PM
 #276

Some people make their own speculation of when to buy cryptocurrency and other coin's especially bitcoin, but i want to tell you that the best to invest into cryptocurrency is the period where by bitcoin is experiencing a bearish market, and this is the rightful time Bitcoin can be buy and invest, i have to be sincere, is during the bearish market.
Actually you can invest in Bitcoin during the specific periods you made mention at, but it's obvious that no time you can invest in cryptocurrency and especially in Bitcoin that is not welcomed, what we should understand in cryptocurrency is that the investment have a duration and target and if we fails to invest during the target time, it might affect the investment, partially you are right.


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October 25, 2022, 02:36:32 PM
 #277

It doesnt really have any sense if we do really talk about selling on loss or on a bear market but instead it would really be that sensible that you would rather be buying instead.Yes its not
really that simple because emotions will really be your main enemy on here which you cant really be that too confident on making such action.
Best time to buy is on when everyone is on fear, its really a very common market sentiment or sayings but applying it on such situation is never been easy.
Just act according into your risk taking because we do have different levels when it comes to this.
Selling at a loss is still a strategy so it can make sense for someone who get an advantage of doing it but maybe not for you because you haven't tried it. Those who use sell at a loss start will always buy back again when the price dips but there are people who simply sell at a loss because they badly need a money especially now that we are experiencing a problem outside but for those who are unaffected with that problem then they can use their money instead for buying more coins. It's possible to be over confident here.

It's not wrong as long as you know that you pick up the right coins. It's only not good if you are a person who gets easily disappointed when the coins you pick didn't move according to your expectations.
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October 25, 2022, 03:14:42 PM
 #278


It seems to me that if there are still those investors who haven't sold their coins at this bearish season, it makes no sense for them to sell now. The best strategy for them would be to hold their coins. Most likely the weak hands have already left this market and the most patient ones are left. As for the bad state of the economy, I agree with you, but then again, probably the worst period is behind us.

Upcoming event could test those patient ones nerve as there are more bad news on the way. Next CPI data release in december could trigger it. Also many people will be force to sell some of their holdings to pay of their yearly expenses. Some political tension like tactical nuclear attack on ukraine could spread panic in the market. Overall situation is not very friendly for BTC.

We don't need to wait for CPI in December, in early November the Fed will meet and will announce the next interest rate soon. The possibility of a 0.75% increase is almost certain but if they decide to go up to 1% this will be another punch to the market. But I also partially agree on fzkto's thinking, people who panic may have sold out of bitcoins and have left the market, those who have stayed so far, I believe selling bitcoin has become pointless. So no matter if the market continues to plummet with any news, it will recover to 18k-19k soon, I believe this is the support we will maintain.

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October 25, 2022, 04:40:44 PM
 #279

Some people make their own speculation of when to buy cryptocurrency and other coin's especially bitcoin, but i want to tell you that the best to invest into cryptocurrency is the period where by bitcoin is experiencing a bearish market, and this is the rightful time Bitcoin can be buy and invest, i have to be sincere, is during the bearish market.
Actually you can invest in Bitcoin during the specific periods you made mention at, but it's obvious that no time you can invest in cryptocurrency and especially in Bitcoin that is not welcomed, what we should understand in cryptocurrency is that the investment have a duration and target and if we fails to invest during the target time, it might affect the investment, partially you are right.
one can easily make every investment made by setting the time when to buy and when to sell because this can trigger one's level of confidence in monitoring price movements for the future. but some people choose a long-term system where this can take an unexpected time, for example the next 10 years with a DCA purchasing strategy system that he does regularly every month or every week and it is an investment that contains extraordinary patience, for that every  The investment decision made is the level of confidence in the future fate that is decided early on. I prefer, as you said, buy when the moment declines and sell when you get a profit and this is more professional for investors in the short term who don't need extra patience.

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October 26, 2022, 12:37:59 PM
 #280

There are many strategies that many people can choose from in trading. You can use the strategy in day trading by buying at $19k and then selling at $21k. Even if you make a small profit, at least you can make money every day in a situation where the market is in a bearish zone. But when market conditions are no longer bearish, you can apply long-term trades.
The strategy minimizes risk and maximizes profit.  Trading like this has been amazing over the last few months, and I would recommend a strategy like this to anyone.
Your advantage is understanding, Charts will not guarantee what an asset will do.  Prices will go up or down.  Nevertheless, the market has been very profitable despite the rising and falling prices.
Of course a day trading strategy can give you an advantage if you are able to understand market charts and can analyze rising and falling prices. But if you don't understand charts and are hesitant in making decisions then it's better not to trade like this because it will make you lose. Therefore it is necessary to have a good understanding before making a trade.

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