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Author Topic: Now is the perfect time to invest in Bitcoin  (Read 10224 times)
lienfaye
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October 04, 2022, 05:46:03 AM
 #61

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.
Bearish season is indeed a good time to buy Bitcoin because the price is quite cheap. However many investors are still hesitating due to their fear that the price might turn downward further so they want to buy at the bottom which we can't pin point exactly. Some of us prefer to buy when the market is already recovering to join the ride but since crypto is high volatile anything is possible to happen because it's unpredicted, therefore we're not certain if the recovery is continues and there's no correction that might happen. That's why if you invest, have less expectation since there's no guarantee to gain. Buy and hold for long period because Bitcoin is best as long term investment, that being said patience is a must.

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October 04, 2022, 10:29:40 AM
 #62

This is certain, but many people still believe that we have not reached the bottom yet and they are waiting for the price of Bitcoin to fall further, the price is now very suitable to buy but we can see the price drop again, so following the DCA strategy will be the best solution to get the best average price . I don't expect there to be a big rally in the near term so it's best to buy whenever the opportunity presents itself.
Although we haven't bottomed out yet, the price is now worth buying while we wait for the bottom price. But we never know how deep the price of bitcoin will go and we can only buy at any price bottom, hoping we can make a big profit when the price reverses.

Yes, the DCA strategy would be a good strategy to implement because we can buy at any lowest price. So prepare your capital to be able to buy again.

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October 04, 2022, 11:13:17 AM
 #63

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.

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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.
Are you just saying the fact or you are just assuming because your encouragement will lead someone into a problem. The 2023 is closer but I never see any sign of it going to that level. But shall anything came happen.

R


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October 04, 2022, 05:48:09 PM
 #64

The price of bitcoin is already down 70% from ATH, so of course it's a big discount to get it. I am very confident about the potential for price increases in the years to come and to be honest I have been planning bigger investments for the last few months. Apart from that I have some bitcoin at the moment, I also have some fiat which I will use as an investment in the months to come. But for now, I have to be a little patient to wait for some declines because I believe correction during this bear market is always possible.
The thing is, some people see this as bitcoin dying, not as discount and that is why they do not approach it, which is a sad thing but I hope it will get better, otherwise it's going to be very tough or everyone involved.

Doesn't mean that we shouldn't be focusing on buying more and more during this period just because they are afraid of what could happen, they can feel it that way and we could realize that it's just a periodical thing and it will end up being something a lot better in the long run for us. So go ahead and buy as much as you can, accumulate a high amount of bitcoins and wait for it to go up and be a high price thing in near future.
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October 04, 2022, 06:32:33 PM
 #65

While now is a good time to invest in Bitcoin, we can't forget that there's always a chance for a surprise in the crypto market. As for me, I'm going to keep evaluating its price in the meantime.
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October 04, 2022, 08:27:53 PM
 #66

While central banks cause inflation by increasing the money supply, investing in assets with limited supply is the best option. Bitcoin is one of the best options among assets with limited supply, with its decentralized structure that provides peer-to-peer money transfer without the need for third parties. For this reason, if I were to make a long-term investment, I could buy Bitcoin at almost any price...

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October 04, 2022, 09:08:10 PM
 #67

Nah, 2023 would most likely be as bearish as 2022. Would you mind sharing with us a bunch of reasons why you think that 2023 will be extremely bullish?
I think he is just predicting, nobody is sure when bitcoin will bounce back we all hope it happens soon, am sure he will also be having reason why he said bitcoin price will pump next year even as he didn't mention it, but from my own research am not expecting bull market next year, probably that will happen in 2024, but I don't think Bitcoin price will dump more that the current price range, that's just my predict, but anything can happen because nobody is sure about bitcoin price movement for now, the only thing I can assure everyone is that if you can hold your bitcoin it will bounce back, but it might take time so the best thing to do now is just to HODL and I believe this is another opportunity to accumulate more bitcoin at cheaper price.


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October 04, 2022, 09:20:35 PM
 #68

Nah, 2023 would most likely be as bearish as 2022. Would you mind sharing with us a bunch of reasons why you think that 2023 will be extremely bullish?
I think he is just predicting, nobody is sure when bitcoin will bounce back we all hope it happens soon, am sure he will also be having reason why he said bitcoin price will pump next year even as he didn't mention it, but from my own research am not expecting bull market next year, probably that will happen in 2024, but I don't think Bitcoin price will dump more that the current price range, that's just my predict, but anything can happen because nobody is sure about bitcoin price movement for now, the only thing I can assure everyone is that if you can hold your bitcoin it will bounce back, but it might take time so the best thing to do now is just to HODL and I believe this is another opportunity to accumulate more bitcoin at cheaper price.


No one really knows and there's no way that we could really able to predict on what would happen.The market did make out some good increase now, it might not that huge
but at least we do able to see some greens but people shouldnt really be thinking that this is the start of the reversal because it is really truly that unpredictable
on where prices would be going.Perfect time is always the time you do consider out on getting entry because each one of us does have different
criteria and views for certain conditions or situations.

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October 04, 2022, 09:57:06 PM
 #69

This is certain, but many people still believe that we have not reached the bottom yet and they are waiting for the price of Bitcoin to fall further, the price is now very suitable to buy but we can see the price drop again, so following the DCA strategy will be the best solution to get the best average price . I don't expect there to be a big rally in the near term so it's best to buy whenever the opportunity presents itself.
Although we haven't bottomed out yet, the price is now worth buying while we wait for the bottom price. But we never know how deep the price of bitcoin will go and we can only buy at any price bottom, hoping we can make a big profit when the price reverses.

Yes, the DCA strategy would be a good strategy to implement because we can buy at any lowest price. So prepare your capital to be able to buy again.
If we have a plan to invest in crypto, we better do it now and take this huge market deduction as an opportunity. I'd see some people are still waiting for the bottom price and I don't think that is necessary knowing that we never know when it comes. As for me, the current price is really good enough to start with not worrying it drops more because after this bear season we are likely to recover and soon bullish.
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October 04, 2022, 10:00:56 PM
 #70

While now is a good time to invest in Bitcoin, we can't forget that there's always a chance for a surprise in the crypto market. As for me, I'm going to keep evaluating its price in the meantime.

Dude! Till when will you stop evaluating the price. When actually do you want to get in? Do you believe that bitcoin will get to $3,000? If you really want to invest in Bitcoin, this is the perfect time. If you are not sure you can be buying little by little with the dollar cost averaging method because you cannot know exactly where the bottom is. If you wait too much the market may reverse and start going up and you will then have to wait for a longer time or to jump into an already rising market which is very risky.

R


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October 04, 2022, 10:58:12 PM
 #71

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.
Do not assure that by 2023, the price of bitcoin will increase. I'm bullish as much as I would always think but that could make some newbies lean on those words and have their whole trust in it. Do not forget that bitcoin is volatile and those that are longing to invest should only invest with the amount that they can afford to lose. Although I believe what you do believe I always take note that it's not financial advise and everyone has their own decisions before investing in it because it's your money to play for. On my side, I'm believing that the reversal will be back after the halving which many of us know how impactful it is.

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Finestream
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October 04, 2022, 11:09:12 PM
 #72

The price of bitcoin is already down 70% from ATH, so of course it's a big discount to get it. I am very confident about the potential for price increases in the years to come and to be honest I have been planning bigger investments for the last few months. Apart from that I have some bitcoin at the moment, I also have some fiat which I will use as an investment in the months to come. But for now, I have to be a little patient to wait for some declines because I believe correction during this bear market is always possible.

Quote
Now is the perfect time to invest in Bitcoin
Of course, this would be great.
It’s always best to invest when the market is in sharp decline, and seeing all cryptos are having low and discounted prices, then it’s definitely the best time to buy and hold. However, if you aim for more affordable price for bitcoin, I suggest do the DCA. That way, you will surely gain a good amount of bitcoin in every price drop opportunity.

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October 05, 2022, 06:24:18 AM
 #73

This is certain, but many people still believe that we have not reached the bottom yet and they are waiting for the price of Bitcoin to fall further, the price is now very suitable to buy but we can see the price drop again, so following the DCA strategy will be the best solution to get the best average price . I don't expect there to be a big rally in the near term so it's best to buy whenever the opportunity presents itself.
Although we haven't bottomed out yet, the price is now worth buying while we wait for the bottom price. But we never know how deep the price of bitcoin will go and we can only buy at any price bottom, hoping we can make a big profit when the price reverses.

Yes, the DCA strategy would be a good strategy to implement because we can buy at any lowest price. So prepare your capital to be able to buy again.
If we have a plan to invest in crypto, we better do it now and take this huge market deduction as an opportunity. I'd see some people are still waiting for the bottom price and I don't think that is necessary knowing that we never know when it comes. As for me, the current price is really good enough to start with not worrying it drops more because after this bear season we are likely to recover and soon bullish.
And if we are still waiting for the lowest price, I think it can make us late in deciding because we can lose the moment to buy at the lowest price. If we see a downward trend and the price is also decreasing, that's a good time to buy so we don't miss the buying moment. The price now is good enough to buy and even if the price drops later, it will be a good low price to buy. But it all depends on the results of the analysis you do.

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October 07, 2022, 01:11:45 AM
 #74

Do not assure that by 2023, the price of bitcoin will increase. I'm bullish as much as I would always think but that could make some newbies lean on those words and have their whole trust in it. Do not forget that bitcoin is volatile and those that are longing to invest should only invest with the amount that they can afford to lose. Although I believe what you do believe I always take note that it's not financial advise and everyone has their own decisions before investing in it because it's your money to play for. On my side, I'm believing that the reversal will be back after the halving which many of us know how impactful it is.

There are predictions that 2023 will lead us to a severe economic recession, so it's likely Bitcoin and other cryptocurrencies will slide further down the road until the dust settles. Maybe things will get brighter by 2024? What's important is that you buy as much Bitcoin as you can while it's still in "bearish mode". That is if you have money you can't afford to lose. I'm confident that once the global economy is restored, Bitcoin will bounce back to its original prices. Probably even higher than its ATH of over $68k per coin, due to the reduction in the block reward.

Remember, bear markets are a great opportunity to strike it rich in the future. A little here and a little there would certainly make a difference in the long run. Who knows if we become the next Bitcoin millionaires? Just my opinion Smiley

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October 07, 2022, 05:33:36 AM
 #75

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.
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October 07, 2022, 08:12:47 AM
 #76


And if we are still waiting for the lowest price, I think it can make us late in deciding because we can lose the moment to buy at the lowest price. If we see a downward trend and the price is also decreasing, that's a good time to buy so we don't miss the buying moment. The price now is good enough to buy and even if the price drops later, it will be a good low price to buy. But it all depends on the results of the analysis you do.


right now,  i think the price is right enough to buy btc, if we are  keep delaying and looking for the right time i think we are  will misstep and fall behind, convincing yourself to buy is the right thing at this time

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October 07, 2022, 10:16:54 AM
 #77

I think that Bitcoin is a pretty good option for investing. The only question is that now is not the right time to choose such an investment for the reason that the price is not in the best position right now.
I will never be the same with you. If you know that Bitcoin is a good option to invest, then you must also agree that now is the best way to invest in Bitcoin. Because there is a bear market going on in the market now and due to that the condition of Bitcoin price is not good. And at this time if we can invest in Bitcoin and wait for the market to improve then we can definitely benefit from it.
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October 07, 2022, 11:12:14 AM
 #78

I think this post is from someone that wants to promote crypto because he invested himself and not
because of objective analyses of the market.

Sure when I buy into a coin I also go to promote it some and not say anything negative. But that is with a preset
mind looking with one eye on my investment and hoping it will go up. It has nothing to do with building a real vision
of what can happen with crypto's next year.

I think it is still to early...
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October 07, 2022, 01:55:39 PM
 #79

I think for most of the people "it's the right time to doubt Bitcoin" and obviously they will buy when Bitcoin is in its new all time high price again and will complain that why Bitcoin is dumping, then they will trash talk it, so classic. Anyways, this is indeed the right time to buy, if you have the capital to do so, invest it in Bitcoin rather than let it sleep in your bank account for years without gaining anything at all.
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October 09, 2022, 08:00:54 AM
 #80

I think for most of the people "it's the right time to doubt Bitcoin" and obviously they will buy when Bitcoin is in its new all time high price again and will complain that why Bitcoin is dumping, then they will trash talk it, so classic. Anyways, this is indeed the right time to buy, if you have the capital to do so, invest it in Bitcoin rather than let it sleep in your bank account for years without gaining anything at all.

Yeah, for an asset like Bitcoin, which is supposed to appreciate in value over the long term, this is a good opportunity to buy indeed.

But you never really know if it's going down a bit more, so that's why buying small amounts of Bitcoin over a long period of time is usually the safest way to do it. Less risk but also less chances of higher returns.

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