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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)
Nrcewker
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July 24, 2022, 03:49:35 PM
 #81

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.
Don't wait to invest any specific price point. no one know the actual price movement .best strategy to invest is doing DCA(dollar cost averaging). and always keep 20% dollar free.
THe right time to invest was 10 years ago - the other right time is now.
One should be  practical and should give it a proper try - do the research and make the real difference.

How can you be so confident that the right time is now?
Rather you should give more details about your statement.
For me it’s never the best or right time to invest, atleast for Bitcoins I can say this.
I have earlier known and seen the capabilities of Bitcoins, and I too have the knowledge that the supply of Bitcoins are limited.
So when the demand of the coin will increase, due to the limited supply the price will also increase.
So in case of Bitcoins, whenever possible buy as much as you can. In the next half year you will definitely see a profit.

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July 24, 2022, 07:36:18 PM
 #82

Investing definitely requires good timing. But now is a very good time to invest.There was a time when people wished they would invest in Bitcoin if it fell below 40,000. Then Bitcoin broke $40,000 and stayed in the $30,000 range, but then people thought of going lower than $30,000.People have always wished for this day when the Bitcoin market is currently under $20,000But I think now is the right time to buy and invest in Bitcoin not only Bitcoin but also many other coins that are dumping the market a lot.But you can feel free to invest in this market and hold it for a long time, you will get enough profit.

One can never say with certainty that the cryptocurrency market has reached the bottom. If it were so easy to predict, then everyone involved in cryptocurrencies would be millionaires. But the reality is different. Therefore, with any market movement, you should have 2 options for actions when the market goes in the direction you predict, or in the opposite direction. That is, you should always be prepared for the fact that the market will continue to decline further.

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July 24, 2022, 07:37:25 PM
 #83

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.
Don't wait to invest any specific price point. no one know the actual price movement .best strategy to invest is doing DCA(dollar cost averaging). and always keep 20% dollar free.
THe right time to invest was 10 years ago - the other right time is now.
One should be  practical and should give it a proper try - do the research and make the real difference.

How can you be so confident that the right time is now?
Rather you should give more details about your statement.
For me it’s never the best or right time to invest, atleast for Bitcoins I can say this.
I have earlier known and seen the capabilities of Bitcoins, and I too have the knowledge that the supply of Bitcoins are limited.
So when the demand of the coin will increase, due to the limited supply the price will also increase.
So in case of Bitcoins, whenever possible buy as much as you can. In the next half year you will definitely see a profit.
Every word given or suggested on this market or any place in related with crypto would be always speculative and would really be just basing on what they have saw in the past and since we do know about
potential then it would really be just normal that they would be saying those things whenever they do see a declining market and presuming that it is already the bottom but we know that there's
no way for someone could able to determine about the lowest price but on general sense and idea then i cant really blame out people on giving positivity whenever the market is really on the low level
which we do presume that it might already be the bottom.

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July 24, 2022, 11:44:12 PM
Last edit: July 25, 2022, 03:34:32 AM by bitgov
 #84


Every word given or suggested on this market or any place in related with crypto would be always speculative and would really be just basing on what they have saw in the past and since we do know about
potential then it would really be just normal that they would be saying those things whenever they do see a declining market and presuming that it is already the bottom but we know that there's
no way for someone could able to determine about the lowest price but on general sense and idea then i cant really blame out people on giving positivity whenever the market is really on the low level
which we do presume that it might already be the bottom.
There is no right time to invest. One can do it at any stage and at any time...
But its good to keep looking for the opportunist and keep doing a research and do when you have some extra money.

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July 26, 2022, 11:49:54 PM
 #85

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 indeed right now you can invest in Bitcoin. Now is the best time to invest in Bitcoin.The market is very dumping so you can invest right now if you want.And Bitcoin is one of the best coins to always invest in.Today especially in this bad time you should never invest in shitcoins.Then you will fall into a big loss.
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July 27, 2022, 11:34:17 AM
 #86

The best time to invest in bitcoin is during bitcoin dip for a long terminvestment which is always profitable,  as a newbie it is very important to learn how to have patience before going into investment in bitcoin.  The problem most newbies always have is lack of patience to hodl bitcoin. If one can be able to have patience to hodl in the dip, it can be easy to invest in bitcoin at any particular time.

R


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July 27, 2022, 12:25:41 PM
 #87

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 indeed right now you can invest in Bitcoin. Now is the best time to invest in Bitcoin.The market is very dumping so you can invest right now if you want.And Bitcoin is one of the best coins to always invest in.Today especially in this bad time you should never invest in shitcoins.Then you will fall into a big loss.
simply put, newbies will understand if they have to buy when the price is down. and hold it as planned. to buy bitcoin, I guess we don't have to wait for the price to drop that far. or we will wait for the lowest price. because we will never know how badly bitcoin will fall.
when we see a decline, I think it is appropriate for us to buy bitcoin. never be bothered when the price drops deeper. because we can buy more. most importantly, plan the investment that we do. and try to commit to the plan that has been made.









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July 27, 2022, 01:10:20 PM
 #88

As a newbie going into the world of cryptocurrency and looking to invest in bitcoin, I would say to you that the best time to invest in bitcoin is NOW! You really don’t need to wait till you’ve got about $21k to buy one bitcoin. You could invest and buy bitcoin in satoshi and hold for the long run.
As to your question, the best time to go into investing in cryptocurrencies is now. But cryptocurrency investment as well as any investment requires due diligence and research. So I would urge you to do your own research while taking pointers from opinions on here.

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July 27, 2022, 01:15:43 PM
 #89

Bitcoin is down 65% as of now from its ATH so this is the best time for me to invest for someone who is newbie. Though I don't suggest going all-in if they are buying at this point because we are currently in bear market and it just started recently so price could still go lower until end of this year. Divide your capital to many portion so you can buy at lower prices when it dips even further. By doing this, you also minimize the risk of losing your capital quickly.
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July 27, 2022, 01:27:57 PM
 #90

Bitcoin is down 65% as of now from its ATH so this is the best time for me to invest for someone who is newbie. Though I don't suggest going all-in if they are buying at this point because we are currently in bear market and it just started recently so price could still go lower until end of this year. Divide your capital to many portion so you can buy at lower prices when it dips even further. By doing this, you also minimize the risk of losing your capital quickly.
I don't just look at how low it was if compared to its ATH as really know that it never be that level forever. But what I'd just consider is the current situation and it found to be the best chance to accumulate more as this won't last forever as well. Whether this is the right time to invest, I don't think about it coz what I know that even buying Bitcoin at $30k is still profitable in the future as long as we know how to hold and have patience.

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July 27, 2022, 02:05:38 PM
 #91

Bitcoin is down 65% as of now from its ATH so this is the best time for me to invest for someone who is newbie. Though I don't suggest going all-in if they are buying at this point because we are currently in bear market and it just started recently so price could still go lower until end of this year. Divide your capital to many portion so you can buy at lower prices when it dips even further. By doing this, you also minimize the risk of losing your capital quickly.
If you start buying bitcoin now, then you can not talk about the loss of capital, this entry point will already be very good. Yes, if the fall continues, and I think it will, then in the end it will be possible to buy at a better price, but at the same time there will also be a risk that if the market nevertheless turns around and goes up, then you can stay without bitcoin. Each stage has its own risks, but we can minimize them if we have available USDC reserves.

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July 27, 2022, 02:41:20 PM
 #92

Bitcoin is down 65% as of now from its ATH so this is the best time for me to invest for someone who is newbie. Though I don't suggest going all-in if they are buying at this point because we are currently in bear market and it just started recently so price could still go lower until end of this year. Divide your capital to many portion so you can buy at lower prices when it dips even further. By doing this, you also minimize the risk of losing your capital quickly.
Yes, it seems that the Bitcoin price is likely to fall again considering that the market is currently bearish,
no need to hesitate to invest in Bitcoin especially with the current price being down then this is a good time to buy it as you said,
clearly Bitcoin is the top coin which it will be profitable if we invest it

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July 27, 2022, 04:21:48 PM
 #93

Bitcoin is down 65% as of now from its ATH so this is the best time for me to invest for someone who is newbie. Though I don't suggest going all-in if they are buying at this point because we are currently in bear market and it just started recently so price could still go lower until end of this year. Divide your capital to many portion so you can buy at lower prices when it dips even further. By doing this, you also minimize the risk of losing your capital quickly.
I don't just look at how low it was if compared to its ATH as really know that it never be that level forever. But what I'd just consider is the current situation and it found to be the best chance to accumulate more as this won't last forever as well. Whether this is the right time to invest, I don't think about it coz what I know that even buying Bitcoin at $30k is still profitable in the future as long as we know how to hold and have patience.
But that peak will definitely be reached again there is a possibility in the next few years we can see it again as a new ATH.
Indeed, this is a good opportunity while you can still collect by buying lower, the chances will be higher. You have to be confident because not everyone has this principle, so do it by buying a good portion with $21k I think it's still under though there is a slight increase it's still a good chance to buy it.

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July 28, 2022, 03:57:52 AM
 #94

But that peak will definitely be reached again there is a possibility in the next few years we can see it again as a new ATH.
Indeed, this is a good opportunity while you can still collect by buying lower, the chances will be higher. You have to be confident because not everyone has this principle, so do it by buying a good portion with $21k I think it's still under though there is a slight increase it's still a good chance to buy it.
Everyone believes that the new ATH will be reached, but getting to the new ATH will not be easy, there will be some fluctuations that play on everyone's psychology.

Buying low in the $21k - $23k price area is not a problem as long as you believe in it and hold on to it for the long term.
But you have to manage your finances, don't use all your money to buy at that price, because the possibility to drop below $21k is still very possible.
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July 28, 2022, 06:32:37 AM
 #95

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.
You are free to do whatever you like, you can buy bitcoin or avoid it if you like, which choice is the right one depends entirely on yourself, after all there are people that had seen several bull markets and they are losing money despite the fantastic growth bitcoin has experimented, this means those people would have been in better shape by just holding their fiat, so if you do not really know anything about this market then you should probably stay out of it until this changes.
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July 28, 2022, 07:54:26 PM
 #96

As a newbie going into the world of cryptocurrency and looking to invest in bitcoin, I would say to you that the best time to invest in bitcoin is NOW! You really don’t need to wait till you’ve got about $21k to buy one bitcoin. You could invest and buy bitcoin in satoshi and hold for the long run.
As to your question, the best time to go into investing in cryptocurrencies is now. But cryptocurrency investment as well as any investment requires due diligence and research. So I would urge you to do your own research while taking pointers from opinions on here.

As a rule, every beginner, after getting acquainted with cryptocurrencies, immediately starts investing and buying coins at the current price. Accordingly, many have bought coins at a high price and now have a losing balance. Those who join the purchases in the bear market have the best price to buy, as it is now. But in any case, you should not spend all the money on the purchase, as the price may still decrease and there will be an opportunity to buy coins at a lower price.

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July 28, 2022, 08:35:17 PM
 #97

Bitcoin all-time-time was $58900, now at $22000, a very good opportunity to invest. But if you know you can not wait for long term like 2 years or more, I will advice you not to invest, or invest what you can afford to lose. If you hold, you will make profit.

You can as well use DCA investment plan which should be better.
Those who are novice in crypto currency must have a good knowledge of cryptocurrency before investing. The fear of losing is comparatively high so don't make any investments that will hinder your happy life. Bitcoin is the most suitable platform for investment. Those who are willing to invest here must plan for the long term investment. Recently we are passing days in a bear market. So if you want to invest  it would be the best time for investment especially on bitcoin.

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July 29, 2022, 06:07:22 AM
 #98

The right time to invest in crypto is always during the dip, and trust me that's best tactics some traders uses to purchase all these top coins that they miss out when they were pumping. But some still get the wrong part of it due to FOMO and buy during the pump and lose everything when the coin hits it's ATL. Definitely devastating to see such these days because the market is currently dump and experiencing Hugh losses like that doesn't really helps matter. The right and appropriate time to invest is during the bear period and hold and wait for the bull to click then you sell, isn't it simple?
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July 29, 2022, 06:37:24 AM
 #99

Bitcoin all-time-time was $58900, now at $22000, a very good opportunity to invest. But if you know you can not wait for long term like 2 years or more, I will advice you not to invest, or invest what you can afford to lose. If you hold, you will make profit.

You can as well use DCA investment plan which should be better.

FYI, Bitcoin all time high was $68,990 according to coindesk if you'll look it up.

But it's true that investing right now isn't a bad thing, even though if it dumps even more below, buying at this point is a huge profit you can look forward in the long run, depends on how much you'll buy of course. Investing in Bitcoin right time is when you don't doubt it anymore to avoid regrets in the end, because doubting it in the first place won't give you any hint on what price you should buy.
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July 29, 2022, 02:44:55 PM
 #100

The best time to invest in bitcoin is during bitcoin dip for a long terminvestment which is always profitable,  as a newbie it is very important to learn how to have patience before going into investment in bitcoin.  The problem most newbies always have is lack of patience to hodl bitcoin. If one can be able to have patience to hodl in the dip, it can be easy to invest in bitcoin at any particular time.
In order to invest in Bitcoin, one must have an understanding of the market in advance. When the Bitcoin market is very low, if one can buy in Bitcoin, then if one can hold it for a long period, then it is possible to profit from Bitcoin, and if one buys Bitcoin at a higher price and waits patiently, there  There is a possibility of loss if the bitcoin market goes down again but there will be a loss so it is better to buy bitcoins when the bitcoin market goes down.


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