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Author Topic: Now is the perfect time to invest in Bitcoin  (Read 10217 times)
EarnOnVictor
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October 12, 2022, 07:09:16 AM
 #101

In trading we often skip the good times knowingly. When the time is right for us to buy, we get embarrassed by its negative buzz and sell despite losing many times. We can never expect anything good in such a situation. Bitcoin is at a low level right now. Exploiting the bearish period by buying more can lead to huge opportunities.
Then such a person is not serious, I will always do what I want to do in terms of investment without thinking twice. I am well experienced, and it is best that we just close our eyes to invest when the risk is worth it. The higher our affinities to take risks, the better our chances to gain and be successful in life. Though we should take only reasonable risks, and with what I have known about Bitcoin, you should not think it twice when you see the 'Go' confirmation through the right channel of speculation.

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October 12, 2022, 08:32:31 PM
 #102

In trading we often skip the good times knowingly. When the time is right for us to buy, we get embarrassed by its negative buzz and sell despite losing many times. We can never expect anything good in such a situation. Bitcoin is at a low level right now. Exploiting the bearish period by buying more can lead to huge opportunities.
Bitcoin has been in a huge deep so far . But still its subsequent behavior cannot be predicted . Bitcoin has been behaving erratically for a long past . Which is losing the confidence of the buyers and holders . So I think that those who are already buying and holding Bitcoins should hold on to Bitcoins tightly.  And those who haven't bought yet should wait for a few more days and buy Bitcoin when the market returns to normal

Do you guys think Bitcoin may fall deeper? Because IMO, $19k is a great buy though. Or maybe one can just DCA just to make sure you're not missing every dip than just waiting for Bitcoin to decline further. I'm not sure what's your definition of "normal" market, but I think Bitcoin's huge volatility is what makes it normal.
It's normal that we see huge swings every now and then. Huge dips may cause buyers to lose confidence, but it's actually a huge opportunity to buy rather than FOMOing on the latter when prices starts to climb back.  
If you want you can. i have bought bitcoin at the price of $20k . it is not any problem for me. i am not worried for it. so you can definitely buy now if you can accept rick. but if you bought btc and if your porpos is to gain a huge profit then you must hold your bitcoin for long time as much as possible .
If you do have the money then keep DCA'ing but its true that entry point wont really be a bothersome if you do really accumulate bitcoin for long term purposes.Unless if you do go for short term then buying on higher
price is something that you cant really proceed on easily.You would be pertaining and aiming for the lowest price as possible.Perfect time to invest will really vary on someones preference.
Perfect time cant really be determined since there are different factors which would really be affecting your decisions towards your purchasing times.
There's no perfect time, its only the risk chance that you could really put into.

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October 12, 2022, 09:47:29 PM
 #103

Bitcoin price may dump or it may come down to 16-17 thousand dollars again but it doesn't look like it will drop more but since it is likely to go down some more so those who haven't bought Bitcoin so far should wait for a few more days then when the market normalizes or if  If it goes to 17k again then buy and hold bitcoin. it will be a good entry
Has Bitcoin fallen to $16k during this bearish season?
As far as I know, the lowest price was around $17k. Please, correct me if I'm wrong!!  Undecided

In the last few months, Bitcoin price was quite stable to survive above $18k. I tried several times to drop again to $17k, but it seems $18k is a strong wall. Because of the failure of the drop attempts under $18k, I am sure the price of Bitcoin won't have a chance to drop to $17k again or to $16k. The price of Bitcoin is likely to survive above $18k and it may gradually increase above $20k in the next few months.


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October 12, 2022, 11:01:48 PM
 #104

Maybe it's not the perfect time yet, because bitcoin can continue losing value and as many have already bought bitcoin this year thinking they were buying the dip it might be risky if they continue acquiring more btcs on the currently moment. For new investors I would say it is a good moment to start holding, but for veteran investors I think it's a moment to wait and see how the market is going to behave soon.

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October 13, 2022, 09:26:13 AM
Merited by KingsDen (2)
 #105

Maybe it's not the perfect time yet, because bitcoin can continue losing value and as many have already bought bitcoin this year thinking they were buying the dip it might be risky if they continue acquiring more btcs on the currently moment. For new investors I would say it is a good moment to start holding, but for veteran investors I think it's a moment to wait and see how the market is going to behave soon.

Who ever wants to buy bitcoin now I don't think now is a wrong time to bitcoin. Many people bought bitcoin at 18k thinking that would be the last dip, even it bitcoin still goes dip I don't their will be much different of price. The dip ranges we have seen in this bear market I don't think it will be wrong for anyone that wants to buy bitcoin.  This is a time to buy bitcoin in bit against the next bull market.  The dip is not strictly for one particular people to buy, investor can buy and hodl.

R


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October 13, 2022, 10:09:07 AM
Merited by fillippone (2), alastantiger (1)
 #106

Considering the present market trend is actually best time to gather enough but don’t put all your life savings in bitcoin is just for individual to be strategic in time of accumulating once bull comes there won’t be regrets of not investing and accumulating enough if is alt coin your investing in do your research before investing, because most project are just hype before you know is either no buyer then the coin starts dumping.

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October 13, 2022, 11:23:25 AM
 #107


Bitcoin price has also crossed the 18k mark today, indicating that it may drop back down to $17k or even more.  But since no one can tell  the actual future price of cryptocurrency will be, I am not completely sure that it will be.  But looking at its behavior and looking at previous trading chats suggests that it might happen
The decreasing Mark or price of bitcoin was predicted before this time. It was predicted that, bitcoin price that is the dip will drop to 17 before the year will end and so the increasing price will reach 23k before the year will round out but as it is now I do think the price will still climb to 23k because as it is going down like this, before it will come up again, it will be the end of year.
For buying of bitcoin now is a good idea but money to buy is an another issue. But looking at the preceded years prices or the movement of the market, this year the price might come down to below 17k but I have not seen the 23k price which was predicted. The time to acquire more bitcoin is now but only if there is money to do that.
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October 13, 2022, 11:45:19 AM
 #108

Maybe it's not the perfect time yet, because bitcoin can continue losing value and as many have already bought bitcoin this year thinking they were buying the dip it might be risky if they continue acquiring more btcs on the currently moment. For new investors I would say it is a good moment to start holding, but for veteran investors I think it's a moment to wait and see how the market is going to behave soon.

Who ever wants to buy bitcoin now I don't think now is a wrong time to bitcoin. Many people bought bitcoin at 18k thinking that would be the last dip, even it bitcoin still goes dip I don't their will be much different of price. The dip ranges we have seen in this bear market I don't think it will be wrong for anyone that wants to buy bitcoin.  This is a time to buy bitcoin in bit against the next bull market.  The dip is not strictly for one particular people to buy, investor can buy and hodl.

I agree, it is possible that bitcoin will continue to lose value, but that is only an uncertain prediction. This is the right time for everyone, who has the need to buy and hold bitcoin regardless of newbies or veterans. I believe that even experienced people have no guarantee of knowing what the market will be like in the future. Bitcoin price that has dropped 70% could see that we are at the bottom or near the bottom, so there is nothing wrong with buying from now on.

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October 13, 2022, 12:36:28 PM
 #109

Considering the present market trend is actually best time to gather enough but don’t put all your life savings in bitcoin is just for individual to be strategic in time of accumulating once bull comes there won’t be regrets of not investing and accumulating enough if is alt coin your investing in do your research before investing, because most project are just hype before you know is either no buyer then the coin starts dumping.
We don't have to consider anymore we have to be able to collect more Bitcoin in a way that we can and of course we shouldn't put all the money in Bitcoin, it's a wrong thing in my opinion, so there must still be financial considerations in everything that will be issued but if there is more money of your total expenses, you can invest in Bitcoin while it's cheap to buy, don't wait it's not good it will only slow it down.

I say never jump into useless altcoin investments, especially new projects that will all turn into shitcoins and just waste your time and money, we know more about altcoins, don't we? We should avoid this and be more consistent with Bitcoin as a more productive asset than other coins.

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October 13, 2022, 01:17:29 PM
 #110

snip...
We don't have to consider anymore we have to be able to collect more Bitcoin in a way that we can and of course we shouldn't put all the money in Bitcoin, it's a wrong thing in my opinion, so there must still be financial considerations in everything that will be issued but if there is more money of your total expenses, you can invest in Bitcoin while it's cheap to buy, don't wait it's not good it will only slow it down.

I say never jump into useless altcoin investments, especially new projects that will all turn into shitcoins and just waste your time and money, we know more about altcoins, don't we? We should avoid this and be more consistent with Bitcoin as a more productive asset than other coins.
It is a situation that we need to think it over and over again. More people have lost their money due to investing wrong coins but it was not just like that as we might lose as well even investing in Bitcoin if we never know how to manage our funds wisely. Yes, we've never said that the current market condition is the perfect time to buy but considering the fact that buying low is a usual practice by most investors, I'd see this is a working strategy that we don't have to reject.

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October 13, 2022, 01:24:06 PM
 #111

Considering the present market trend is actually best time to gather enough but don’t put all your life savings in bitcoin is just for individual to be strategic in time of accumulating once bull comes there won’t be regrets of not investing and accumulating enough if is alt coin your investing in do your research before investing, because most project are just hype before you know is either no buyer then the coin starts dumping.

If you must invest then make bitcoin the ultimate priority of your investment and not other centralized cryptocurrencies that will leave today and die tomorrow, the only digital currency that worth your investment and risk taking is with bitcoin, now it has another advantage to know wjen to buy especially this present condition at dip, the kind of wallet to use and the exchange indeed required all matters alot when taking a buying decision to invest in bitcoin.

R


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October 13, 2022, 02:41:12 PM
 #112

Considering the present market trend is actually best time to gather enough but don’t put all your life savings in bitcoin is just for individual to be strategic in time of accumulating once bull comes there won’t be regrets of not investing and accumulating enough if is alt coin your investing in do your research before investing, because most project are just hype before you know is either no buyer then the coin starts dumping.

If you must invest then make bitcoin the ultimate priority of your investment and not other centralized cryptocurrencies that will leave today and die tomorrow, the only digital currency that worth your investment and risk taking is with bitcoin, now it has another advantage to know wjen to buy especially this present condition at dip, the kind of wallet to use and the exchange indeed required all matters alot when taking a buying decision to invest in bitcoin.
I consider buying coins that are in the top 10 as they are potentially profitable and will recover once this bear season is over. We have to understand that not only Bitcoin make a good play in the market but also some altcoins. Well, of course, putting a huge investment share in Bitcoin is a smart choice and I see this is the most common doings for many investors.
Yet, we've never known when is the perfect time to buy Bitcoin but have to believe that every drop is an opportunity.

R


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October 14, 2022, 01:50:43 AM
 #113

Maybe it's not the perfect time yet, because bitcoin can continue losing value and as many have already bought bitcoin this year thinking they were buying the dip it might be risky if they continue acquiring more btcs on the currently moment. For new investors I would say it is a good moment to start holding, but for veteran investors I think it's a moment to wait and see how the market is going to behave soon.

Bitcoin won't be going down forever. At some point in time, prices will bounce back to their original levels. By then, it's likely BTC will reach a new ATH in price as it did in the past. I'd only suggest you to buy BTC now if you're thinking in the long term. If you're only buying BTC with the hopes of getting a return as quickly as possible, then I'd suggest you look elsewhere.

Just as the OP, I believe this is the perfect time to invest into BTC. When everything is going down the drain, it's the right time for you to build your wealth for the long term. Who knows if buying BTC at a cheap price now will leads you towards untold riches in the future? $18k - $19k per coin is pretty "cheap" considering that there's more to Bitcoin than meets the eye. With patience, anything's possible. Just my thoughts Grin

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October 14, 2022, 07:14:41 AM
 #114

Based on the analysis of the data that I obtained based on its movement from ATH, bitcoin is now decreasing slowly but surely. and at times like this, not the right time to invest all your money into bitcoin .. but now is the right time to accumulate bitcoin slowly until bitcoin starts to solidly show an upward movement.
There is no way of knowing where the bottom will be so never buy one time but divide it into several times. Should bitcoin fall further, we will buy more but never put all your money in bitcoin even if bitcoin shows signs of going up again. Investing in bitcoin is always risky, it is not 100% safe as we think, invest only what you can lose.

Bitcoin is being discounted 70% from its most recent ATH so there's no better time than now those who haven't bought bitcoin or still have fiat on hand in my opinion should buy now.
There is a difference between DCA and buying in instalments and I like doing the second. There are some people who buy, and then they end up buying a bit more later on when the price drops, in order to "dollar cost" drop of their investment, that way if they bought at 23k, and then they buy at 17k the average of their purchase becomes 20k.

Mine is not like that I get paid at 1st of each month, and I put a bit of it into bitcoin every single month, I did this back when bitcoin was under 10k a few years ago, I did this when it was 60k, and I do this now too. This isn't as bad as people think, and it has actually given me a good chunk of profit as well, I am very happy. So, buying now is included in this and it's amazing.
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October 14, 2022, 10:46:28 AM
 #115

The price of Bitcoin increased drastically in late 2020 and early 2021. The price of Bitcoin touched about 72k dollars.But from there the price has come down to its lowest level.

https://i.ibb.co/SwZRFXh/22b6e9eb5212.jpg

sorry but where did you get that 72k ATH?  I'm afraid you have different market place where to check?

Bitcoin almost reached 70k but that stops there.

Quote
Bitcoin price is currently 19302 dollars but the possibility of Bitcoin price increase from here is very high.And I think Bitcoin price in 2023 Chances of reaching $100,000 per year are very high so if one wants to invest then now is the best time to invest in Bitcoin.

If you invest at this time then you will definitely be able to reap huge benefits as I believe that Bitcoin price will increase greatly by 2023.
if you invest in bitcoin never look for an easy profit meaning not to seek instant increase instead try to be patient in waiting because this will not cause you frustration and failure because the price will surely increase in the future.









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October 14, 2022, 11:31:16 AM
 #116

Considering the present market trend is actually best time to gather enough but don’t put all your life savings in bitcoin is just for individual to be strategic in time of accumulating once bull comes there won’t be regrets of not investing and accumulating enough if is alt coin your investing in do your research before investing, because most project are just hype before you know is either no buyer then the coin starts dumping.
Now is a good time to invest in Bitcoin as per the current market price of Bitcoin because last ATH of Bitcoin was 68.7k but now price is 19k which is huge dip .so now if you invest your money on bitcoin and if bitcoin make a new ATH again then it means you will get minimum of 4-5x . it will be a huge profit i mean


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October 14, 2022, 01:02:24 PM
 #117

Bitcoin won't be going down forever. At some point in time, prices will bounce back to their original levels. By then, it's likely BTC will reach a new ATH in price as it did in the past. I'd only suggest you to buy BTC now if you're thinking in the long term. If you're only buying BTC with the hopes of getting a return as quickly as possible, then I'd suggest you look elsewhere.

Just as the OP, I believe this is the perfect time to invest into BTC. When everything is going down the drain, it's the right time for you to build your wealth for the long term. Who knows if buying BTC at a cheap price now will leads you towards untold riches in the future? $18k - $19k per coin is pretty "cheap" considering that there's more to Bitcoin than meets the eye. With patience, anything's possible. Just my thoughts Grin
The market has been in decline for quite a long time, and therefore we can assume that we have already passed a longer period of decline, now there will be a flat with rare deviations to a greater extent. Therefore, now is a good time to buy bitcoin. I don't rule out the possibility that there could be short-term squeezes like yesterday and that we could even touch 15k, but even with that possibility, now is a good time to buy. The decline can't go on forever, well said, so you need to buy now, because when the growth begins, it may already be too late.

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October 14, 2022, 02:23:54 PM
 #118

Considering the present market trend is actually best time to gather enough but don’t put all your life savings in bitcoin is just for individual to be strategic in time of accumulating once bull comes there won’t be regrets of not investing and accumulating enough if is alt coin your investing in do your research before investing, because most project are just hype before you know is either no buyer then the coin starts dumping.

If you must invest then make bitcoin the ultimate priority of your investment and not other centralized cryptocurrencies that will leave today and die tomorrow, the only digital currency that worth your investment and risk taking is with bitcoin, now it has another advantage to know wjen to buy especially this present condition at dip, the kind of wallet to use and the exchange indeed required all matters alot when taking a buying decision to invest in bitcoin.
I think if we have the will to invest.  So if we can invest in bitcoin and ethereum which are better coins then we will never lose.  If we invest and wait for some time then it will be seen that we can get good amount of profit from here.


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nullama
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October 16, 2022, 01:09:11 AM
 #119

~snip~
So in this current scenario we should invest 50 percent of our total investment amount now and reserve the remaining 50 percent amount for further dips in the market.  If the market goes deeper, we will be able to use that 50 percent asset to make a balance of our investment. I think this would be a potential plan

Basically no one knows the future price in the short term.

You can guess and say it will go up, therefore you should put all now, or you could guess that it will go down, so you put some now and a more later at a cheaper price. Or you could smooth out those probabilities by buying frequently.

There's no definitive answer in terms of maximizing the amount of BTC you get with a certain amount of fiat, but personally I prefer just buying a specific amount every x amount of time, independent of the price.

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KaliLinux
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October 16, 2022, 06:26:58 AM
 #120

Maybe it's not the perfect time yet, because bitcoin can continue losing value and as many have already bought bitcoin this year thinking they were buying the dip it might be risky if they continue acquiring more btcs on the currently moment. For new investors I would say it is a good moment to start holding, but for veteran investors I think it's a moment to wait and see how the market is going to behave soon.
We cannot say when is the perfect time to buy Bitcoin because I don't think we can guess the exact bottom which I believe would be referred to as the perfect time, however, Buying in bits (DCA) even if you don't want to go all in now is good because I think we are very close to the bottom even if not at it so it wouldn't really make much difference instead of missing it totally thinking the market might drop and it never did again for this season. 
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