Now is the perfect time to invest in Bitcoin

[Esther C]

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.

In my opinion, there has to be some serious significant factor occurrence to cause that spikes. The chips have been really down for a while.

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[TheUltraElite]

In my opinion, there has to be some serious significant factor occurrence to cause that spikes. The chips have been really down for a while.

So if there are no factors to make you profit - you wont be buying bitcoin?

Most users think like that and they are the ones who will complain when the prices go back up again. True the prices are down but that means it is in the bear cycle trend and the cycle will go back with time which is where we should sell to get the profit+capital back.

It is not that everyday there needs to be a reason for the price to go up or down. If there is - good for us, if there is none - keep holding through the cycle.

Pro traders dont look for events, they look at the prices as numbers and buy/sell accordingly.

[Yamifoud]

I'd see no perfect time to invest in Bitcoin but I was sure that every drop is an opportunity that most investors are waiting for.
We can't assume that tomorrow will be the bottom as nobody knows about it. That is why if ever see the market is declining, make ourselves to invest and accumulate more. We don't have to wait for the bottom as most likely we even miss the chance. That is why I encourage people to stop thinking this way but rather consider every drop as an accumulating period.

[Jody.Drummer]

Regardless of whether it's the right time or not actually for now we have a lot of opportunities to add to the load, whether it's when prices are like now around $20k or even at $17k actually it's an opportunity but a lot of people I think miss it because always thinking that it will be lower than now which makes this actually they are avoiding the opportunity that was given.

Even though many people continue to pay in installments, not a few people still want more and miss many opportunities just because they hope for a lower price.

[rendravolt]

I'd see no perfect time to invest in Bitcoin but I was sure that every drop is an opportunity that most investors are waiting for.
We can't assume that tomorrow will be the bottom as nobody knows about it. That is why if ever see the market is declining, make ourselves to invest and accumulate more. We don't have to wait for the bottom as most likely we even miss the chance. That is why I encourage people to stop thinking this way but rather consider every drop as an accumulating period.

Agree with what you said, most of them just want bitcoin to continue to bottom out. But if I look now bitcoin has fallen by more than 50% since last year's ATH and I think it's the best time to buy bitcoin and accumulate it. Some people may still wait for bitcoin to drop to $10k but that's too difficult, because the price will remain stable at the bottom $18k.

[Kimonoe]

from which we know now is the perfect time to buy bitcoin. I think it's a good time, but prices could go down again, the most important thing is buying bitcoin during a bearish season like this is the right action, so we just have to wait for it, or leave capital to anticipate if bitcoin goes down again, of course it will be more interesting to buy it back, because we can get more amount of bitcoin

[nullama]

from which we know now is the perfect time to buy bitcoin. I think it's a good time, but prices could go down again, the most important thing is buying bitcoin during a bearish season like this is the right action, so we just have to wait for it, or leave capital to anticipate if bitcoin goes down again, of course it will be more interesting to buy it back, because we can get more amount of bitcoin

No one really knows how the price will change in the short time.

At the end of the day if you constantly keep saving in Bitcoin you will probably end up in a good position over the long term.

Trading sounds better in theory, but in practice it's impossible to estimate the peaks and valleys, and also by buying and selling you'll be spending money for exchange fees and also taxes, so even if you do make money trading it might not be as good as initially you thought it was. Plus you need to dedicate lots of time to try to guess the timing. You could do something valuable in that time instead, and get Bitcoin for it.

[fuguebtc]

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.

[BobK71]

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.

[freedomgo]

Currently, there is still blood in the market and all we see is the bearish signals so we're still in a bearish season and waiting to see lower prices every day, so I prefer to wait for a bullish sign and then start buying bitcoin for the short term or mid-term. otherwise, we all know buying bitcoin at any price can be profitable if you aim for longterm, but since there is so much blood in the market I prefer to wait and see the price floor, however, I will lose some shares on my profits because of waiting but I will invest with open eyes.

When the market is terribly bearish, then definitely its a good time for accumulation. It makes the best entry in the market especially with having bitcoin as your top investment priority. However, if you think that it’s price will bound to drop in the coming days, then do DCA. That way, you can always make the best buy every time the market drops.

[Wiwo]

We should try as much as possible to stay away from Bitcoin market speculations as a holder and not constant draining of ourselves of our time trying to analyze or speculate the price of Bitcoin so at this moment what Bitcoin price will be in the next couple of years to come can't be speculated, just as you rightly said in the body of your statement in this post, Bitcoin was at a high price of $72k in 2020-2021 but in 2022 Bitcoin is struggling to retain the 20k price trench mark, so speculation of Bitcoin price is a total was of time.

[Oasisman]

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.  

[romero121]

We should try as much as possible to stay away from Bitcoin market speculations as a holder and not constant draining of ourselves of our time trying to analyze or speculate the price of Bitcoin so at this moment what Bitcoin price will be in the next couple of years to come can't be speculated, just as you rightly said in the body of your statement in this post, Bitcoin was at a high price of $72k in 2020-2021 but in 2022 Bitcoin is struggling to retain the 20k price trench mark, so speculation of Bitcoin price is a total was of time.

Speculation is part of the market. Through observation it is possible to understand the real market progress. For now there is no big bullish move. The high price of bitcoin happened through demand. The demand happens out of continued speculation about the market. We can't say speculation to be waste of time. Whenever we get an opportunity to invest at a lower price it is good to make use of the opportunity which will help us experience the profiting at the earliest.

[BALIK]

We should try as much as possible to stay away from Bitcoin market speculations as a holder and not constant draining of ourselves of our time trying to analyze or speculate the price of Bitcoin so at this moment what Bitcoin price will be in the next couple of years to come can't be speculated, just as you rightly said in the body of your statement in this post, Bitcoin was at a high price of $72k in 2020-2021 but in 2022 Bitcoin is struggling to retain the 20k price trench mark, so speculation of Bitcoin price is a total was of time.

Speculation is part of the market. Through observation it is possible to understand the real market progress. For now there is no big bullish move. The high price of bitcoin happened through demand. The demand happens out of continued speculation about the market. We can't say speculation to be waste of time. Whenever we get an opportunity to invest at a lower price it is good to make use of the opportunity which will help us experience the profiting at the earliest.

Speculation is part of the market but if we are long-term holders, speculating too much will be a waste of time. Up to now, the bitcoin price has dropped a lot, maybe 70% of its ATH so this is considered a good price for us to accumulate and hold. It is possible that bitcoin will continue to fall but will not be able to drop more so speculation, in this case, is not very effective, since it is a long-term holding, the increase or decrease of 5% -10% is not significant.
The current market volatility depends on economic news and the military situation, so analysis and speculation based on charts are almost useless.

[nullama]

~snip~
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.  

That's the thing though, a few years ago saying $19k is a great buy would have been crazy, but only a year ago it would have been an amazing price. Things keep changing all the time.

No one knows what will happen in the future, but of course, based on the fundamentals, Bitcoin should increase in value over the long term.

I agree that maybe DCA is the simplest way to accumulate wealth with Bitcoin, without using too much of your time trying to make the right decision at the right time.

[Altryist]

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

What if there is a rebound now, and we bounce 30K before continuing further decline? No one can know where the market will move next. I increasingly see that many people expect bitcoin to fall to 10k and even lower, I don’t know if this is possible, except in the event of some very serious force majeure and most likely it will be a short-term decline, if of course this happens. I still think that now it would be logical if the market bounced somewhere to the level of 25-30k, we are falling for too long.

[Wiwo]

We should try as much as possible to stay away from Bitcoin market speculations as a holder and not constant draining of ourselves of our time trying to analyze or speculate the price of Bitcoin so at this moment what Bitcoin price will be in the next couple of years to come can't be speculated, just as you rightly said in the body of your statement in this post, Bitcoin was at a high price of $72k in 2020-2021 but in 2022 Bitcoin is struggling to retain the 20k price trench mark, so speculation of Bitcoin price is a total was of time.

Speculation is part of the market. Through observation it is possible to understand the real market progress. For now there is no big bullish move. The high price of bitcoin happened through demand. The demand happens out of continued speculation about the market. We can't say speculation to be waste of time. Whenever we get an opportunity to invest at a lower price it is good to make use of the opportunity which will help us experience the profiting at the earliest.

Speculation is part of the market but if we are long-term holders, speculating too much will be a waste of time. Up to now, the bitcoin price has dropped a lot, maybe 70% of its ATH so this is considered a good price for us to accumulate and hold. It is possible that bitcoin will continue to fall but will not be able to drop more so speculation, in this case, is not very effective, since it is a long-term holding, the increase or decrease of 5% -10% is not significant.
The current market volatility depends on economic news and the military situation, so analysis and speculation based on charts are almost useless.

This isn't the best entry time for long-time holders, since the price of Bitcoin is relatively low now compared to Bitcoin's all-time high price which is about 70% higher than the price of Bitcoin right now. Long-term holders are bullish on Bitcoin accumulation presently and if the price continues to dip more weak hands will sell and the bag holders will continue to accumulate more Bitcoin.

[LittleBitFunny]

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

What if there is a rebound now, and we bounce 30K before continuing further decline? No one can know where the market will move next. I increasingly see that many people expect bitcoin to fall to 10k and even lower, I don’t know if this is possible, except in the event of some very serious force majeure and most likely it will be a short-term decline, if of course this happens. I still think that now it would be logical if the market bounced somewhere to the level of 25-30k, we are falling for too long.

Many people predict bitcoin to drop to $10k or so because we are in a bear cycle and previous bear cycles bitcoin is down 80%-85% since its last ATH, and the current reduction is about 70%. So, it is more likely that the bearish momentum of bitcoin has not stopped. We should keep in mind that apart from economic events or interest rate hikes that are weighing on the market making it impossible for the market to move up, we are in a winter cycle i.e. a 4 year down cycle that is repeating itself once again and we're only in our first year so it's still early to expect a bull run.

[ChiBitCTy]

Now is a good time to invest in anything that you believe in. Whether it is bitcoin or something having to do with the stock market etc, almost all markets across the board are down, which is precisely the time when you do buy in.  About the only thing I can think of that isn't getting crush right now is the housing market, but it might be starting to have issues itself here before long.

So dollar cost average in if you still believe in bitcoin.

[Mauser]

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.

Bitcoins are definitely cheap right now compared to one year ago. I agree with you that it's a good time to buy some coins now if you have spare money that you like to invest. The problem many people have at the moment is that they don't have a lot of free money to invest in. Both rent and food prices have been rising a lot since the covid pandemic, while income didn't rise at the same rate. What makes you think that we are going to see prices above 100,000 USD next year? I am also optimistic when it comes to crypto currencies, but the economic forecasts are not that good for 2023. Many countries will see inflation numbers around 10% next year which is going to make everyday life very difficult. Less money to invest also means less demand for bitcoins, which will keep the price low. In my opinion it all comes down to if we the energy crisis will be fixed, otherwise we are not seeing a new ATH for bitcoins.