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Author Topic: Now is the perfect time to invest in Bitcoin  (Read 10216 times)
Strongkored
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October 02, 2022, 12:42:15 PM
 #21

Every time is the right time to start investing in Bitcoin if you continue to think and focus only on the price rest assured you will never start because there is always doubt, the focus should be on the benefits that will be obtained in the long term not just for this year or next year where is the Bitcoin price going

I personally think things are different now. The general public's view on crypto is kinda negative thanks to influencer shilling and the like. I think we may not see another spike like 72k until something major happens like covid to cause such a thing.
Bitcoin touched the price of 72K not because of covid but more of a cycle, every time it has halving then in a certain period it will reach the latest ATH, I believe the price will reach the latest ATH but not this year.

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October 02, 2022, 01:17:07 PM
 #22

Those who truly understand the concept of BTC saw this coming and we're prepared for it.
What I am saying in essence is that BTC is cyclical and when the next cycle of halving comes, we will definitely see a mad pump in price, irrespective of the negative news around it.

So, for smart investors, this may be the time to bag some BTC.

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October 02, 2022, 01:38:17 PM
 #23

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.

I read a long time ago that by the end of 2023 the price of 1 BTC will be at least $250 000, but this is just a speculation that seems very unlikely from the current perspective. Therefore, it is quite frivolous to make statements like this, which have absolutely no basis, but are just the result of someone's imagination.

So far, every bull run has always started after the halving (6+ months), so there is no reason why it shouldn't be the same the next time as well. This of course does not question the moment to invest in Bitcoin, "now" is always a good option. I think most people agree that the magical (for some) $100k will come at some point, we just don't agree on when it will be.

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October 02, 2022, 01:43:04 PM
 #24

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


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.

I think that you forgot the situation during 2020-2021 to current situation which global market is plummeting due to economic crisis and wars globally. It's absurd to compared different cycles with different market conditions as if the same will happened o the price. The price pump before because the pandemic starts to get under control while institutional investors starts to enter in crypto while there is no good mews like that on current market so I doubt that same bullish thing will happened on this current market condition.

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October 02, 2022, 02:18:43 PM
 #25

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


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.

all the time I think can be used for investment but most people here hope that btc will decline with their respective targets, therefore I say anytime you can invest btc according to confidence at what price it will enter,
btw 72k$ for the last new ATH btc, did I miss that time? because as far as I know the highest value of btc is in the range of 68-69K $

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October 02, 2022, 02:28:33 PM
 #26

actually there's still time until the end of the year to pick it up at the current low price, we've been in the same price for a while it's always never far from $19k and $20k it's an opportunity for people to take it before the next rally we go into the market bullish, I hope you are not a believer in the 4 year cycle because I don't believe in that cycle anymore because I don't think it will work anymore and the charts were broken in 2021 yesterday

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October 02, 2022, 02:50:56 PM
 #27

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


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.

I hear this every other time.
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October 02, 2022, 03:00:10 PM
 #28

actually there's still time until the end of the year to pick it up at the current low price, we've been in the same price for a while it's always never far from $19k and $20k it's an opportunity for people to take it before the next rally we go into the market bullish, I hope you are not a believer in the 4 year cycle because I don't believe in that cycle anymore because I don't think it will work anymore and the charts were broken in 2021 yesterday
We are still not sure whether at the year-end the price will increase, things are different now due to war and inflation that we are all experiencing. The cycle may not be applicable as there are no sign that the market will be in a recovery state upto now due to this problems plus economic crisis in fifferent countries. If there will be no good news or popular individual that will give hype in the market there is no chance to see any pump in the market.

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October 02, 2022, 04:40:31 PM
 #29

actually there's still time until the end of the year to pick it up at the current low price, we've been in the same price for a while it's always never far from $19k and $20k it's an opportunity for people to take it before the next rally we go into the market bullish, I hope you are not a believer in the 4 year cycle because I don't believe in that cycle anymore because I don't think it will work anymore and the charts were broken in 2021 yesterday
We are still not sure whether at the year-end the price will increase, things are different now due to war and inflation that we are all experiencing. The cycle may not be applicable as there are no sign that the market will be in a recovery state upto now due to this problems plus economic crisis in fifferent countries. If there will be no good news or popular individual that will give hype in the market there is no chance to see any pump in the market.
There are still many possibilities of course, because the cycle will not always be the same. there will be some differences as the crypto market continues to grow and with a lot of investors getting into crypto. If the price continues to drop, more and more people will come out of crypto for several reasons such as panic because crypto is rumored to crash deeper and various other FUDs.

A recovery will definitely happen, but before recovery occurs the whales will play around with the current state of the market so they can take a lot of profit and get more cheap bitcoins. In the last few days, bitcoin is still holding in the $18500-$20,000 price area. Hopefully, this situation will end soon and the crypto market will bounce back.

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October 02, 2022, 05:41:13 PM
 #30

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


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.

Personally, the best time to invest into BTC is the time where you discover about its existence. That is why, I consider that time is of the essence when it comes to investing into cryptocurrencies. Fortunately, the widespread knowledge of BTCs have been steadily increasing over the years, both positively and negatively.

Fortunately, more countries have started to adopt cryptocurrencies to system of their government as the latter recognizes its potential uses economically. Though there are still countries who continuously prohibit the transactions of cryptocurrencies, more countries somehow outweigh such tradeoff.

R


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October 02, 2022, 06:03:22 PM
 #31

well we've seen bitcoin lows hit $17k this year and that made the whales buy it at the time and push hard above $20k and so far it's been holding up at $19k, I think we've seen that at $17k there's strong buying support so we're not going to go below that and signaling the whales will buy more from those who dumped them under $20k , I'm sure early next year will be a bullish market for bitcoin as well as other cryptocurrencies

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October 02, 2022, 06:14:39 PM
 #32

Every investor buys Bitcoin when the market is bearish or is in a downturn, then it's a great opportunity for you to hoard as much Bitcoin as possible, whereas to assess the price of bitcoin will increase in 2023 it's uncertain because we don't know what cycle will happen later, basically we just keep going. stockpile Bitcoin with us being able to buy during this bear market, and don't panic or have doubts if something worse happens because from bad things there must be a recovery but that doesn't know when it will happen for sure we have made long-term investments with low purchases at prices $20k this.

Actually, from this decline there are many factors starting from the global recession, inflation, due to the Ukrainian and Russian wars, there are still many others including FUD news that makes them panic so they sell their Bitcoin assets to the market, so keep it up if it has been invested and have high hopes of course there is a higher price ahead, but don't expect it in the near future, it usually takes us 4 years to see the price above $100k (according to many speculations)


https://twitter.com/khalliburton/status/1573005482880647168
From this picture of course we expect the first sentence in the picture, but all have the same goal even though the concept is different.

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October 02, 2022, 07:22:24 PM
 #33

I personally think things are different now. The general public's view on crypto is kinda negative thanks to influencer shilling and the like. I think we may not see another spike like 72k until something major happens like covid to cause such a thing.
Try to make your statement or comment to be understandable to anyone who come across the your suggestion, i couldn't comprehend you totally, because the content of the discussion is emphasizing on the price but your suggestion is not going in lines with op point of suggestion.

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October 02, 2022, 09:31:51 PM
 #34

Actually, from this decline there are many factors starting from the global recession, inflation, due to the Ukrainian and Russian wars, there are still many others including FUD news that makes them panic so they sell their Bitcoin assets to the market, so keep it up if it has been invested and have high hopes of course there is a higher price ahead, but don't expect it in the near future, it usually takes us 4 years to see the price above $100k (according to many speculations)
Many factors cause the decline in BTC price, but whatever it is we must take advantage of the conditions to make gradual investments for the lowest price, I have repeatedly updated my portfolio every time BTC reaches the lowest price, I have experience several years ago that I have missed several times golden opportunity to collect more investment at the lowest price, so this year I will get it for long term investment.

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October 02, 2022, 10:01:16 PM
 #35

Actually, there are a lot of topics similar to this, talking and asking about when is the perfect time to invest. Well, the truth is if you know this strategy "buy low and sell high" definitely you will have an idea of when is the perfect time to buy. But unfortunately, some people just ignore this and when they see the market is declining, they are just ignoring it and even waiting for more drops. But if you are a smart investor, you will take that opportunity rather than miss it and this is really happening.

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October 02, 2022, 10:15:27 PM
 #36

A tweet mentioned in one of the post says different people go for bitcoin buying for different reasons. What that person have stated as the reason is really interesting.

"I buy Bitcoin, because I want humanity to return to a sound global reserve currency"

People get into bitcoin for different reasons to buy and the same will let people buy at some specific prices. So, whether it is right for investment is one's own thought.

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October 02, 2022, 10:48:58 PM
 #37

Actually, from this decline there are many factors starting from the global recession, inflation, due to the Ukrainian and Russian wars, there are still many others including FUD news that makes them panic so they sell their Bitcoin assets to the market, so keep it up if it has been invested and have high hopes of course there is a higher price ahead, but don't expect it in the near future, it usually takes us 4 years to see the price above $100k (according to many speculations)
Many factors cause the decline in BTC price, but whatever it is we must take advantage of the conditions to make gradual investments for the lowest price, I have repeatedly updated my portfolio every time BTC reaches the lowest price, I have experience several years ago that I have missed several times golden opportunity to collect more investment at the lowest price, so this year I will get it for long term investment.

To many opportunities that we miss but all of it is totally fine because from those events we also learn that bitcoin is not easy to go around and sustainable. Although we find those things as total waste of opportunity because we can provably earn if we take action but still we don't know what will happen so those things are learning experience to us. If we can able to handle the risk these days then can able to hold this might be the good time to do so since market didn't recover yet.

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October 02, 2022, 11:47:42 PM
 #38

if to buy or invest in bitcoin, now is the time, because bitcoin is now in its ups and downs.

but your speculation about the price of bitcoin in 2023 in my opinion is not quite right,
because in view of the current situation, it will be difficult to touch the price of 100k dollars.

and usually bitcoin also increases every 3-4 years to 4-5 years,

but that's just speculation, no one knows what bitcoin will look like in the future,
which is sure to be better.

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October 03, 2022, 12:22:41 AM
 #39

Every time is the perfect time to invest in Bitcoin if you're looking at the long term, say 10 years or more.

If you look at the price graph, over the long term it doesn't really matter too much when you entered, you're most likely to have a better purchasing power now.

The thing is that the earlier you start saving in Bitcoin, the more Bitcoin you'll have. And that's the key.

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October 03, 2022, 01:29:37 AM
 #40

We are currently going through a very bad time. But hopefully we will come out of it soon. I think we should wait longer to invest in Bitcoin.As currently bitcoin is 72% down than ath. So I think now we need to invest some amount. And if it goes down a bit then we can buy. In 2023/2024 can create new ath. For this we need to prepare now.Bitcoin is hodling above the weekly support level at $17,900 - $19,200. This is one of the strong support are its a previous Bull Run High. On weekly TF, price looking like making a potential double bottom. Which may lead a possible relief rally in coming days. Support breaking to the downside, will continue the bearish trend.so we waiting for a little bit down.
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