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Question: As a newbie one finds it difficult to know the right time to invest. I really want to know if I can actually invest into Bitcoin at this moment?
Yes - 19 (90.5%)
No - 2 (9.5%)
Total Voters: 21

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Author Topic: The right time to invest  (Read 1742 times)
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July 19, 2022, 06:54:04 AM
 #21

As a newbie one finds it difficult to know the right time to invest. I really want to know if I can actually invest into Bitcoin at this moment.
Short answer: Yes.

Yes, if you're not going to sell low at this price that you're about to buy. That's the easiest assessment that you can do, if you're thinking of selling then you just have to wait until price goes up.

So, current price is $21,600. Do you think that's enough for you to buy and wait until the next pump comes? Most of the investors are long term and won't totally feel the matter of the current price as something low or high.
I think the right time to invest was 10 years ago or it is today.
Find ways of investing in the blooming business or the bitcoins. If you don't have big investment start small.
You've just said no difference at all.

It means that anytime is a good time to invest. We keep telling that the best time was a decade ago but where were we by that time? I'd say the same but we need to move on and we have to forget that moment because past is past.

What we have to do is to determine your intention and plan if you're thinking that it might be too late, you'll think of it the same as people have thought when bitcoin reached $200 was already too late to invest.

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July 19, 2022, 07:09:45 AM
 #22

Nobody knows when the bottom will be. Many people here think they have it figured out but in reality they are just guessing. The bottom might of happened or it might not be for a couple weeks or months.

Best advice is just to by little by little. So if it goes lower you get to average down your cost and if it goes higher you average up your cost but lower than market value since you had a lower price previously.
I do agree with you but investment in cryptocurrency is not by guess but conscious decision by analyzing past data to make informed decision about the particular asset you are investing on. I do believe that there is no wrong or right time for investment. You should buy any currency or crypto or any assets when your indicators say so and you will be good to go.
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July 19, 2022, 07:28:34 AM
 #23

As a newbie one finds it difficult to know the right time to invest. I really want to know if I can actually invest into Bitcoin at this moment.
The right time to invest is when the price is in dip. We're still in bearish market so its still a good timing to fill your bags. But before that ask yourself first, are you ready to invest in crypto? Did you take time gaining knowledge before investing your hard-earned money? Lastly are you prepared for the risk associated when you invest? Because you know there's no 100% guarantee to gain thus its best to have less expectation.

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July 19, 2022, 07:56:05 AM
 #24

As a newbie one finds it difficult to know the right time to invest. I really want to know if I can actually invest into Bitcoin at this moment.
What you should consider is how willing you are to hodl when you buy. If the funds you intend investing has no use in the near future go ahead buy as many BTC you can afford. But if you are looking at a short term investment goal i will advice you wait Btc price just retested $22K zone and retraced back. wait to buy when price near support zone again . Truth be told with the current market situation no one accurately knows when the right time to invest is.
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July 19, 2022, 09:10:47 AM
 #25

As a newbie one finds it difficult to know the right time to invest. I really want to know if I can actually invest into Bitcoin at this moment.
I admit that it is right to know the time to invest but maybe you can start investing when the market gets correction because that means the price will go down and sometimes, the price will fall to the lowest price.
Right now, you should wait for a while as the price gets a good position but the red candle appear on the market, which means you can start to analyze to find the time to invest.
The other suggestion is you can buy from a small amount and buy it at a low price and not use too big money to invest.
But you can invest right now if you want but be careful because we do not know if the price will still go down or up.

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July 19, 2022, 10:34:45 AM
 #26

As a newbie one finds it difficult to know the right time to invest. I really want to know if I can actually invest into Bitcoin at this moment.

Based on my experience in the crypto world since 2016, I highly recommend investing in Bitcoin, especially for newbies. Moreover, I think
the price of Bitcoin is now at a low price, so it can be said that now is a very good time to buy Bitcoin. Most importantly we have to be patient
waiting for the Bitcoin price to reach the target we want, and don't ever think of selling Bitcoin at a low price, if it turns out that after we buy
the Bitcoin price drops even lower. Because we have to remember that no matter how low the price of Bitcoin falls, it can always recover again
and can rise quite high.

But you have to remember that Bitcoin movement is very volatile, therefore it is very difficult for us to predict the movement of Bitcoin accurately.
So if you really want to invest in Bitcoin, it's a good idea to understand the basic knowledge about Bitcoin first, so we know how Bitcoin works and
at least we won't panic if Bitcoin's movements don't go the way we expected. Because Bitcoin is very good for long-term investment, so if you really
want to make big profits from Bitcoin, you have to be patient holding Bitcoin in the long term.

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July 19, 2022, 01:06:17 PM
 #27

You are a newbie, I think it’s better you understand what cryptocurrency is all about before you invest in it, don’t say because you do hear people talking about bitcoin or cryptocurrency then you also want to invest in Bitcoin. I can’t really tell you it’s the right time to invest, but to me bitcoin is down and I think bitcoin is very cheap currently, I think this is a great opportunity to buy bitcoin at a cheap price, but I will advise you to do your own research because we are having different pattern, so do your own research to determine if it’s the right time for you to invest, also always make sure you avoid trading signals because most of them are fake.

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July 19, 2022, 01:22:31 PM
 #28

Now, not only beginners, but also experienced traders do not always guess with investments. You should not assume that any analysis is correct, because the market is now extremely dynamic and quite unpredictable.
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July 19, 2022, 04:13:46 PM
 #29

Many times, I told that this is the best time to invest bitcoin or other crypto-currencies. If you think the price of bitcoin is dump, then you should wait a long time. This time, I lost my money, but I invest more few days ago which is good for me.

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July 19, 2022, 05:34:22 PM
 #30

As a newbie one finds it difficult to know the right time to invest. I really want to know if I can actually invest in Bitcoin at this moment.

Yes, it's the perfect time to invest. It's a good thing that as a newbie, you prefer Bitcoin as a starting investment. Grabbing the chance to buy during this market situation will be a wise decision for you to maximize your profit when the market recovers. Some investors are still waiting for the bottom but as a beginner, it's already an opportunity to buy while the price is still low.
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July 19, 2022, 05:55:25 PM
 #31

As a newbie one finds it difficult to know the right time to invest. I really want to know if I can actually invest into Bitcoin at this moment.
Every investors are waiting for the moment when his return will be increased with Bitcoin. Looking at the all time high price of Bitcoin that is $69000 and the current price $23000, it seems that this is the biggest dip. Now the market will only rise up. But that cannot be confirmed. Different experts analyze from different perspectives. Some of them are thinking the market will take more time and have the chance to go deeper. Some other say that this was the highest dip. However remember that since the asset is yours, you should research by own self. According to my perspective the market is moving slowly, I think this is the right time to invest in Bitcoin. In this case,you may have to wait for a long time.

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July 19, 2022, 06:17:36 PM
 #32

As a newbie one finds it difficult to know the right time to invest. I really want to know if I can actually invest into Bitcoin at this moment.
First off, do not let FOMO and FUD push you into investing when in bitcoin when you are not ready. There's a rule of thumb that goes this, "Buy low and sell high". As at November, 2021 bitcoin ATH was $69,000. As at today, 8 months later, it is $23,000. It's recovering. Some weeks ago it was $19,000. Some users will advise that you take advantage of the the dip. My advice to you is DYOR so you can be able to make an informed decision.

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July 19, 2022, 08:08:57 PM
 #33

I do believe that there is no wrong or right time for investment. You should buy any currency or crypto or any assets when your indicators say so and you will be good to go.
There are times that are wrong to invest in bitcoin and there are right times, people that have invested when the price was over $60000 will have to wait for 2, 3 or more years before bitcoin may get to that price again, although people believe that bitcoin will reach all-time-high after 2024 halving. Holders do not make use of indicators, traders are the ones that are using it, but using indicators may be an advantage for holders too, but not necessary if they are patient enough to invest at the right time. This is just my own opinion though, investors can also have different opinions about how they are investing.

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July 19, 2022, 08:15:33 PM
 #34

I do believe that there is no wrong or right time for investment. You should buy any currency or crypto or any assets when your indicators say so and you will be good to go.
There are times that are wrong to invest in bitcoin and there are right times, people that have invested when the price was over $60000 will have to wait for 2, 3 or more years before bitcoin may get to that price again, although people believe that bitcoin will reach all-time-high after 2024 halving. Holders do not make use of indicators, traders are the ones that are using it, but using indicators may be an advantage for holders too, but not necessary if they are patient enough to invest at the right time. This is just my own opinion though, investors can also have different opinions about how they are investing.
During those times there are indicators that signals sell but those that buy without following their strategies are the one regretting now. Investments is a game that you have to know what to do par time and the only way to know that is through indicators.
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July 19, 2022, 08:23:00 PM
 #35

During those times there are indicators that signals sell but those that buy without following their strategies are the one regretting now. Investments is a game that you have to know what to do par time and the only way to know that is through indicators.
There was a time bitcoin decreased to $30000 before it increased back to $63500, it later decreased back to $30000 again before it reached all-time-high of almost $70000. Bitcoin decreased to $30000 again but indicators may indicate buy, but what happened? The price of bitcoin falled further to $17300 or so. Indicators are not that useful for holders, they know that indicators can fail. Some holders are just patient to use bull season to buy and bear season to sell. Do you believe that some people are just using DCA to invest right now? No indicator but just DCA.

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July 19, 2022, 08:25:45 PM
 #36

As a newbie one finds it difficult to know the right time to invest. I really want to know if I can actually invest into Bitcoin at this moment.
Bitcoin is a very good investment right now as its price has become very affordable for all of us. So yes, this is the perfect time to invest in bitcoin. However, investing in bitcoin is always good regardless of the price, because we all know that bitcoin price will keep moving forward provided that there will also positive events that could trigger the market to continuously move upward. But always learn to invest on the amount you can afford to lose. Either you do it doing DCA, or the other way round, but never spend all your hard-earned money just for bitcoin alone as this is also known to be a very risky investment. Yes, you could make a fortune out from long term hodling with bitcoin, but you could also lose everything just by a single unplanned wrong move.

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July 19, 2022, 08:44:50 PM
 #37

As a newbie one finds it difficult to know the right time to invest. I really want to know if I can actually invest into Bitcoin at this moment.
Of course you can particularly that the price is a lot cheaper than before. Buy bitcoin as much as you can but always hold them for long term so you can maximize the profits after. But always remember this, know the risk of investing into bitcoin before doing so. Bitcoin is not just all about rich-quick stories, but you need to make a lot of effort and patience before you can reap huge profits from it. And as always, never invest if you are not ready to lose.
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July 19, 2022, 11:10:55 PM
 #38

During those times there are indicators that signals sell but those that buy without following their strategies are the one regretting now. Investments is a game that you have to know what to do par time and the only way to know that is through indicators.
There was a time bitcoin decreased to $30000 before it increased back to $63500, it later decreased back to $30000 again before it reached all-time-high of almost $70000. Bitcoin decreased to $30000 again but indicators may indicate buy, but what happened? The price of bitcoin falled further to $17300 or so. Indicators are not that useful for holders, they know that indicators can fail. Some holders are just patient to use bull season to buy and bear season to sell. Do you believe that some people are just using DCA to invest right now? No indicator but just DCA.
Technicals couldnt really be that precise or do give out guaranteed results or predictions thats why we are really that confused whether we do make out some buy entry or would wait up
but as said that these movement of price wont really be that an issue for most people who are going for long term since they would just simply hold and wait for the right time for bitcoins price to rise up.
The right time to invest is something  that do really depends on someone investment decisions because we do have different ways on how to apply our analysis and there are some which are really that
different in terms of perception and impressions towards the market which is common affecting someones mindset and emotions.

R


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July 19, 2022, 11:46:30 PM
 #39

As a newbie one finds it difficult to know the right time to invest. I really want to know if I can actually invest into Bitcoin at this moment.
Actually, if we learn from many sides, the bearish era is one of the best time to invest. But, there is one thing that we must pay attention to. Just invest in Bitcoin if we want to make a worthy long-term investment with a high probability to get a high return and will survive even during the winter.
Bitcoin has been experiencing this bearish market several times and BTC always can survive. However, this can have high multiple pumps after the ebarish ends. SO, if you are asking about investment, Bitcoin is the best one to invest in right now.

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July 20, 2022, 04:47:57 AM
 #40

Nobody can answer this better because in the end, you have to take the risk. So, I would suggest you weigh the pros and cons of the market and proceed accordingly.
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