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Author Topic: Best time for me to buy  (Read 6605 times)
jaberwock
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May 18, 2022, 08:55:06 PM
 #81

To be honest there is no perfect time to buy or sell.
It depends only on your necessities. If you are capable enough to buy one Bitcoin, then just close your eyes and buy it.
For Bitcoins, it's always safe investments.
Many traders also know the fact that Bitcoins are limited in number, that is "more bitcoins cannot be created", so a day will come when these coins will become very much valuable.
So this bearish time of the market is a boom for all the crypto buyers, so buy as much Bitcoins as you can when now Bitcoins price are at 29k USD.
Soon in this year Bitcoin will start recovering, and who knows when we might get our all time high price for the Bitcoins.
Just Buy and hold your Bitcoins until it reaches 100k USD , and I promise, this won't take long time.
There are some close to perfect times though. I mean if you buy at the bottom and sell at the peak, you should be making a ton of profit. Imagine a person who sold their coins at 68k, let's assume that person had 1 bitcoin, and they sold it at 68k when it peaked, then they rebuy all of it at 26k at the bottom, that person would have 2.61 bitcoins.

Even today, that worths close to 80k, so they would have made a very good return, if it goes back to even 60k, that would be 156k. So if you buy at the bottom and sell at the peak, you are going to make a ton of money, and do that literally inside 365 days as well, it will be a good return. That's as good as it gets, as close to perfect as you can find.

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May 19, 2022, 09:35:31 AM
 #82

I never have a special target to buy and sell, if I feel I have money then I will buy or vice versa will sell if I really need cash, of course there are many things that I feel, I once bought Bitcoin when the highest price is 2017 at the price of $ 18k Then sell only $ 6K and in 2021 I bought Bitcoin at a price of $ 52K and sold the beginning of the year when the price of $ 44K.


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Dhaniii
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May 19, 2022, 02:08:02 PM
 #83

bitcoin is still at its current low and is at $29k on the charts so this is a very good time to buy bitcoin. it seems that a lot of investors have adopted bitcoin now either at its current price ($29k to $35k) or at a high, but I'm sure bitcoin will hit highs again. Basically 2021 is a red year and 2022 looks like it's going to be the year of the green light.

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May 19, 2022, 04:33:15 PM
 #84

bitcoin is still at its current low and is at $29k on the charts so this is a very good time to buy bitcoin. it seems that a lot of investors have adopted bitcoin now either at its current price ($29k to $35k) or at a high, but I'm sure bitcoin will hit highs again. Basically 2021 is a red year and 2022 looks like it's going to be the year of the green light.
I think it's too easy to give everyone who wants to buy bitcoin cheap right now. Yes, many indicators are now showing that bitcoin price is at the bottom, like RSI or fear/greed. But in my opinion the bitcoin price has not collapsed much. At least it seems to me that there might be a short-term collapse and then a recovery. At that time you will need to buy.
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May 19, 2022, 04:39:28 PM
 #85

Many analysts believe that the negative trend continues until the first semester is over, the market will start moving positively when it has entered July, I prefer to wait and do nothing, I keep assets in several exchanges and I use it for staking.

Not sure how accurate those predictions though, I mean we all know that it is very impossible to say when the negative trend will stop or when it will continue, much more giving us the exact month of July? I still highly doubt that. On the contrary, as per my analysis, it will still continue it's downtrend till July and it could go lower at around $23k so I might wait for a bit in just I wanted to buy more.

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May 19, 2022, 04:39:37 PM
 #86

I think it's too easy to give everyone who wants to buy bitcoin cheap right now. Yes, many indicators are now showing that bitcoin price is at the bottom, like RSI or fear/greed. But in my opinion the bitcoin price has not collapsed much. At least it seems to me that there might be a short-term collapse and then a recovery. At that time you will need to buy.
When you have the opportunity to buy bitcoin cheaply, why should you wait for recovery before making a purchase? It is true that some people may expect prices to be lower than they are now, which may or may not be the case.

In the end I can say that investing now or not really depends on what our investment goals are. If the investment we are going to make is aimed at making a profit in the long term, then I think it's time to buy and hold because this is the best opportunity to do so.

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May 19, 2022, 05:23:32 PM
 #87

I think it's too easy to give everyone who wants to buy bitcoin cheap right now. Yes, many indicators are now showing that bitcoin price is at the bottom, like RSI or fear/greed. But in my opinion the bitcoin price has not collapsed much. At least it seems to me that there might be a short-term collapse and then a recovery. At that time you will need to buy.
When you have the opportunity to buy bitcoin cheaply, why should you wait for recovery before making a purchase? It is true that some people may expect prices to be lower than they are now, which may or may not be the case.

In the end I can say that investing now or not really depends on what our investment goals are. If the investment we are going to make is aimed at making a profit in the long term, then I think it's time to buy and hold because this is the best opportunity to do so.
My point was that there is really a lot of uncertainty in the financial world right now. Bitcoin is also at an unclear level for me, where it will either continue to fall or start to rise. I see a scenario where a crash happens and then a recovery starts. In any case, it is better to wait for confirmation that the market has turned around and then buy.
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May 19, 2022, 05:35:42 PM
 #88

My point was that there is really a lot of uncertainty in the financial world right now. Bitcoin is also at an unclear level for me, where it will either continue to fall or start to rise. I see a scenario where a crash happens and then a recovery starts. In any case, it is better to wait for confirmation that the market has turned around and then buy.
The bitcoin market has two directions, it can go down more than expected and it can also go up to print new ATH. I think it's always good to buy at any price if it's a long term investment and I don't really doubt the potential because basically price volatility can happen at any time. You're not wrong, but maybe not completely right because you might miss the boat if you want to wait for confirmation of the climb before buying.

The safe advice for now is to do your DCA and buy as much as you can afford to lose.

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May 20, 2022, 07:48:45 AM
 #89

It's not as easy as turning the palm of the hand hoping bitcoin can turn us into rich people in an instant it's impossible because there are reciprocity as well.
But even though it can't make us rich, but by getting a little profit from the profit we get, it's also very grateful.
At least it can help a little income on our side.
This "instant" situation is the biggest problem, we shouldn't really expect bitcoin to make us instantly rich, it's not going to happen at all. I personally believe that we should be doing something a bit more long term. Why not consider crypto as a retirement plan? Pension funds are growing these days, older generations are living more and more, back in the day people lived until 70 years old or so, just a few decades ago, and these days 80 or even 90 is not impossible and became a bit more common.

This is why younger generations are not getting richer earlier, back in the day when people passed away at 70 years old, their kid would be 40, and still be young, whereas when people are 80 or 90, their kids are 50 or 60 or even as much as 70, so they are not getting that much wealth at younger age. So we need to build our wealth ourselves.

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May 20, 2022, 09:12:16 AM
 #90

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?
Watch out for the next to come mate , we are now in the edge of pricing and I believe that there are more to come now , the price staying from 29-31k .

Buy now  mate while the price is Hotly cheap , because in the next quarter there will be another movement that might bring you small profit , maybe consider Buy and sell if you  are aiming for best result .

Because most of us are looking for long term investing that is why we are here to buy when dip and sell when growth.

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May 20, 2022, 09:03:49 PM
 #91

I think it's too easy to give everyone who wants to buy bitcoin cheap right now. Yes, many indicators are now showing that bitcoin price is at the bottom, like RSI or fear/greed. But in my opinion the bitcoin price has not collapsed much. At least it seems to me that there might be a short-term collapse and then a recovery. At that time you will need to buy.
When you have the opportunity to buy bitcoin cheaply, why should you wait for recovery before making a purchase? It is true that some people may expect prices to be lower than they are now, which may or may not be the case.

In the end I can say that investing now or not really depends on what our investment goals are. If the investment we are going to make is aimed at making a profit in the long term, then I think it's time to buy and hold because this is the best opportunity to do so.
Some people aren't just contented on what they have now but they want more. Btc was at the lowest price of 26k last time. It's crazy if someone will say that btc didn't collapsed much. What collapsed these people want to see? 3k or lower? LoL that is already overkill for btc and I don't think that was possible on this era. We are talking about btc, not some random coins.

We already know the history of btc so there is no real need for us to verify if it can still recover before we buy because it surely can. Buying when the price recovers or when the price is at the top, is not a popular strategy because it is risky but the best strategy that is taught to us is buy low or buy at the dips.

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May 20, 2022, 09:18:10 PM
 #92

Indeed, buying now was a great idea. You don't need to wait @OP for the price to drop more as we certainly don't know, but what we have to anticipate is the upcoming pump. If we really have a plan for investing in crypto, this is the right time to start with. This huge correction will not be taking longer, prices will rally back slowly as the demand increases as well.

We just to keep in mind that "only invest the money that we can afford to lose" and "only invest potential coins". In this way, we are making our assurance for better outcomes.
Without a doubt this is a good moment to buy bitcoin, but at the same time it is not for everyone, I am pretty sure that during the next weeks and even months the bears are going to try all their weapons to make the price of bitcoin to go even lower, and they will accomplish their goals a few times during the short term, which means that people with a low level of experience will be prone to make more mistakes during those drops, so those buying now must be absolutely sure they can hold their coins when those drops happen.
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May 20, 2022, 09:29:26 PM
Last edit: June 11, 2023, 11:51:01 PM by STT
 #93

A quite simple take for when to buy and hold and when to sell is to me the weekly average (blue line here).    Its best to start off simple in life generally as things easily get complicated in the moment and so I dont suggest a simple idea is that easy to implement but at least you can check this yourself quite quickly.
   This is the graph with recent BTC weakness and us the entire time staying almost always below that weekly average line, you must identify when we are able to consistently do the oppisisite and repeatedly stay above the weekly average.   This defines trending strength, a period of growth in the price ergo a good time to buy:


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May 20, 2022, 11:32:02 PM
 #94

I never have a special target to buy and sell, if I feel I have money then I will buy or vice versa will sell if I really need cash, of course there are many things that I feel, I once bought Bitcoin when the highest price is 2017 at the price of $ 18k Then sell only $ 6K and in 2021 I bought Bitcoin at a price of $ 52K and sold the beginning of the year when the price of $ 44K.
Go and learn Technical Analysis (TA). If you continue with guts feelings alone to make trade calls, you're going to wreck yourself sooner than you would know. Only gambling works on mere feelings, not trading. That's what makes the difference. Except you view trading as gambling, and that would be wrong perception too. Just take a look at when you bought and sold without any navigation and what consequences you were faced with in loss. Take time off, go learn TA.

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May 21, 2022, 02:17:00 AM
 #95

If we look at the market then when the price is below $30k there will be a very high transaction volume, of course the whales buy while spreading FUDs while investors sell because they panic so that the transaction volume is very large, after the price looks up then the whales will be silent and let the market keeps going up while it sells, these are fully decentralized cryptocurrencies so ignoring prices and focusing on buying is better.
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May 21, 2022, 01:49:45 PM
 #96

bitcoin is still at its current low and is at $29k on the charts so this is a very good time to buy bitcoin. it seems that a lot of investors have adopted bitcoin now either at its current price ($29k to $35k) or at a high, but I'm sure bitcoin will hit highs again. Basically 2021 is a red year and 2022 looks like it's going to be the year of the green light.
I think it's too easy to give everyone who wants to buy bitcoin cheap right now. Yes, many indicators are now showing that bitcoin price is at the bottom, like RSI or fear/greed. But in my opinion the bitcoin price has not collapsed much. At least it seems to me that there might be a short-term collapse and then a recovery. At that time you will need to buy.
This is basically the key point at all times. I mean it is definitely a great deal because it is quite cheap right now and it will stay like that for a long time as well. We shouldn't really consider the current situation as a bear market, we should consider it as a discounted price and that matters a lot. If we keep doing that then we could realize that it is a profitable business and it shouldn't be a problem.

However, if we keep trying to see it as a trouble then it is going to be trouble for you. There is a good saying called "a guy who says they can and the guy who says they can't usually are both right" that is the difference. You need to see it correctly.
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May 21, 2022, 06:59:17 PM
 #97

If we look at the market then when the price is below $30k there will be a very high transaction volume, of course the whales buy while spreading FUDs while investors sell because they panic so that the transaction volume is very large, after the price looks up then the whales will be silent and let the market keeps going up while it sells, these are fully decentralized cryptocurrencies so ignoring prices and focusing on buying is better.
Only experienced ones would able to see these things happening behind.Transaction volume could really indicate something but there's always possibility of accumulation on behind the curtains.
Now we arent seeing any fuds or negative news in the market and its moving sideways which it is really that hard to make out decisions on times like these but honestly this is really a
good time for you to accumulate cheaper bitcoins and other top altcoins in the market because its impossible that the market wont really be having any recovery.

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May 21, 2022, 07:53:06 PM
 #98

It is right time to buy as the bottom staggers around $28 - $30k. Some have predicted that the price could fall even lower than the current Market. So, one can prefer buying as a long term investment. Right now everyone used to accumulate, fearing the future and the ongoing market situation. In particular accumulation of altcoins were taking place, because soon market trend could move towards.

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May 22, 2022, 02:09:23 PM
 #99

This is basically the key point at all times. I mean it is definitely a great deal because it is quite cheap right now and it will stay like that for a long time as well. We shouldn't really consider the current situation as a bear market, we should consider it as a discounted price and that matters a lot. If we keep doing that then we could realize that it is a profitable business and it shouldn't be a problem.

However, if we keep trying to see it as a trouble then it is going to be trouble for you. There is a good saying called "a guy who says they can and the guy who says they can't usually are both right" that is the difference. You need to see it correctly.
This is true, if you are going to invest right now and invest at the right time and do not worry about the drop in the price then we could make a profit. At the end of the day, there is a good case to be made about the situation being a bit of a risk taking, because there are tons of people who are losing money right now and you would be out there making investments but that doesn't mean that we could be profiting because we could lose as well, but if we win, that means we took that risk and we would be making a good return from it.

This is the thing that we should be looking at, taking a good enough risk, nothing too huge, like invest into 10 million marketcap, but at the same time we should be investing into bitcoin we could be dropping.

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May 22, 2022, 02:57:49 PM
 #100

Yeah, this the best opportunity to buy bitcoin. Looked at bitcoin price chart 2021 and 2022 bitcoin price too much low this month. Now bitcoin price staying around $27k-$30k.Bitcoin price already touched in $68k+ in 2021 but It's early dropped in very next year.Bitcoin is most popular and most valuable coin in crypto market. I'm hopping bitcoin price will be recover soon.If you have enough money for investment then you can buy just and hold long term i hope you will be
get good profit from it.
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