_BlackStar
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October 03, 2022, 01:36:57 AM |
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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. Now is the perfect time to invest in Bitcoin Of course, this would be great.
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worle1bm
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October 03, 2022, 06:15:13 AM |
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If you meant lump sum investing, then I'd say probably not as there's simply too much economic uncertainty. On the other hand, if you meant investing in bitcoin by starting to dollar-cost average(which the majority should do), I'd say this price point is a good starting point.
It's better if they do DCA investment in bitcoin because this will help them to invest more amount at different intervals of time without the greed of selling when the prices go high Little bit.But the problem is many say this is best time to invest when it's rising or we see green candles but still only in talks so best thing is don't talk just do your investment as this will only help you to gain profits and accumulate bitcoin over time.
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Mpamaegbu
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Once a man, twice a child!
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October 03, 2022, 06:47:33 AM |
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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.
I believe khalliburton is being hypocritical in that comment. I see that a lot with those who proclaim they're hodlers for life. They claim they aren't hodling to ever take profit. My issue with that line of thought is that at some point even those who claim they're diamond hands will have to take profit and then wait for a time to buy back. For anyone to say they would never sell at any point or that they aren't buying Bitcoin to take profit when price appreciates is a big lie.
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Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
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aoluain
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October 03, 2022, 09:26:14 AM |
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If you meant lump sum investing, then I'd say probably not as there's simply too much economic uncertainty. On the other hand, if you meant investing in bitcoin by starting to dollar-cost average(which the majority should do), I'd say this price point is a good starting point.
It's better if they do DCA investment in bitcoin because this will help them to invest more amount at different intervals of time without the greed of selling when the prices go high Little bit.But the problem is many say this is best time to invest when it's rising or we see green candles but still only in talks so best thing is don't talk just do your investment as this will only help you to gain profits and accumulate bitcoin over time. Now is a great time for buying Bitcoin, as it has been for a number of months. The halving is getting ever closer and from the 3rd quarter next year based on what happened with previous halvings* the market should start reacting then. * past performance is not a guarantee of future performance. Bearing in mind the above quote, bulk investment could be something to consider before the halving.
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ethereumhunter
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October 03, 2022, 09:37:25 AM |
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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.jpgBitcoin 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. But don't invest by buying one time and keep it but try to buy at a lot of low prices because if you look at the market, bitcoin still has the potential to go down again. When the price drops, you can buy again and keep it so that the number of your bitcoins can increase. And be careful in analyzing the market because no one can predict exactly what will happen with bitcoin. And if you buy bitcoin now and the price drops, you don't need to panic because that is another good time to buy bitcoin at a lower price.
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salad daging
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October 03, 2022, 11:53:49 AM Last edit: October 03, 2022, 12:19:47 PM by salad daging |
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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. We don't need to think about the many factors that caused this decline, of course we can't prevent it, but we focus more on investments that are carried out when the market is still in a bear market situation, it would be better to focus on this opportunity and of course from past experiences that have been regrets we are now repeating the same thing but persisting in this situation in buying to change in the long term portfolio. Positive thinking will make it easier for us to believe in bitcoins that are bought at low prices without any other worries. It's better if they do DCA investment in bitcoin because this will help them to invest more amount at different intervals of time without the greed of selling when the prices go high Little bit.But the problem is many say this is best time to invest when it's rising or we see green candles but still only in talks so best thing is don't talk just do your investment as this will only help you to gain profits and accumulate bitcoin over time.
Now this is a very practical way to make long-term investments, we just do it with DCA, it's very practical to accumulate bitcoins from time to time, for example if we only spend $50 per week for three years we can get $7,850 in average purchases, this just won't work. overburdening in excessive investment but I think enough with DCA people will understand this practicality. Our panic is that other people talk about FUD and other types, even I have said before, just ignore what you think is a challenge in your investment, then the important goal is to do it all the time and the burden is not there in the sense that the need remains stable but DCA can still be done every week. https://twitter.com/NewBitcoinUser1/status/1576837265221103616Still a great time with DCA, we'll see in the line chart in 2025.
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Ayers
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October 03, 2022, 12:03:04 PM |
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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.jpgBitcoin 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 remember the ATH that bitcoin reached was $69k not $72k like you said, correct me if I'm wrong. The possibility of bitcoin hitting $100k or hitting a new ATH in 2023 is very unlikely, usually bitcoin will only hit a new ATH after each halving event, so predicting bitcoin reaching ATH in 2024-2025 will be much more feasible than predicting next year. It's all speculation and no one knows exactly when it might happen but I can only say for sure it will happen in the future. But buying bitcoin now is absolutely the right thing to do, bitcoin price is already a lot cheaper than its peak, the perfect time to buy bitcoin is now. I also believe its $69k and not $72k. However, i don't see high chances for bitcoin to reach its new ATH by next year as its obvious that this bear market will stay for long. Though its good to see some slight increase for bitcoin price but after that, the price drops gradually. And this scenario may even continue by next year especially that we are not expecting a major positive news that will eventually change the market condition. having to say that the chances of getting a bull season next year are very small, it can be said that it will not happen. first let's talk about the market downtrend cycle, it usually lasts 4 years and the bull season will only come after the halving takes place. the second thing is the current world situation, inflation is continuing to dominate the world economy, the war shows no sign of stopping, causing an energy crisis that will last for a long time. all of this will exhaust the economy and risk assets like bitcoin will be hit the hardest, so stop expecting the bull season in 2023
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buwaytress
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October 03, 2022, 12:07:43 PM |
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Ech, says the guy with a tie and suit, who probably doesn't even contribute to on-chain (or 2nd Layer) Bitcoin activity, forgetting that only utility brings about what he purports he wants. Funny to see virtue signalling corporates in this space, really. I want to sell Bitcoin for fiat down the line (and have already), why should I be ashamed of that? Also just saw his profile and stopped at "reverse entropy/Negative Bitcoin mining"... heh
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rendravolt
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October 03, 2022, 12:58:32 PM |
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Seeing the price that has dropped far down, of course now is the right time to invest in bitcoin. Keep in mind you don't have to use all the money, just buy a little bit of bitcoin and if later the bitcoin can go down again you will be able to get a cheaper price. Do not hesitate because bitcoin will recover in the next few years.
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PeRo
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October 03, 2022, 01:27:04 PM |
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Bitcoin has made a huge dip and if you look at the market chart, it's not a small one so you can't be surprised that a lot of people are scared for the money they have invested. However, it is not the first nor last time that the price had such a big dip after pumping higher than before. Following the trend of the price, it still should be a good time to invest right now but you can't really speculate how high will it go just the next year and how foreign factors will affect the price.
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Xxmodded
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October 03, 2022, 10:47:47 PM |
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Bitcoin have seem stable almost few weeks ago and not any impact much profit earn when investing, around price on $18,900 until $19,400 make us have little fund for investing in bitcoin not really worth. I am excitement waiting when bitcoin price can pump drastically or dump, usually right now is perfect time for investing in Bitcoin but long term is recommended because bitcoin changed values about $500 until 700$ each days, if you have much money I think worth with scalping in bitcoin, but small fund for investing in Bitcoin better hold for long term investment.
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Bazzu
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October 03, 2022, 11:04:31 PM |
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I think so too, indeed now is the right time to invest in bitcoin, but of course if you are going to buy bitcoin you have to wait for the bitcoin price to lower, that is to get the maximum profit one day, but of course we also have to be vigilant because who knows bitcoin will fall even deeper, so the point is when buying, of course you have to take it into account first, because the price will be hard to guess.
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Lanatsa
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October 03, 2022, 11:25:26 PM |
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I think so too, indeed now is the right time to invest in bitcoin, but of course if you are going to buy bitcoin you have to wait for the bitcoin price to lower, that is to get the maximum profit one day, but of course we also have to be vigilant because who knows bitcoin will fall even deeper, so the point is when buying, of course you have to take it into account first, because the price will be hard to guess.
If you are really that going for long term then you wont really be that mindful on what price you would really be getting in, unless if you do go for short term then you would really be hesitated on making action on the current situation of the market which is really that moving sideways which it is really hard to make out decisions on something like this,This is why risk taking on this crucial moment is needed. Whether the price movement on next will be neither bearish or bullish.Next step would really be entirely be depending on yours whether you could take up risk or not.
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Leviathan.007
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October 04, 2022, 12:04:52 AM |
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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.
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wxa7115
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October 04, 2022, 01:09:55 AM |
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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.
True, we need to consider our goals and our strategy before we take any decision about buying bitcoin right now, if we are convinced about holding our coins for the long time then buying bitcoin now is a good idea as we know that it will eventually go up in price if you wait for long enough. However if you are interested in the short term then buying bitcoin now is not such a good idea, as I think it will take us a long time before we see bullish tendencies which can be used by short term traders to obtain profits.
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Abiky
Legendary
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Activity: 3346
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www.Crypto.Games: Multiple coins, multiple games
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October 04, 2022, 01:16:07 AM |
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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.jpgBitcoin 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. Predictions are predictions. The world's economy is still in a very bad state, so it's unlikely Bitcoin will reach a new ATH by 2023. Unless there's an improvement in the global economic landscape, we should expect further pain down the road. This would only be the perfect time to invest into Bitcoin if you have spare money to lose. The huge volatility present in the market right now could leave you with nothing in an instant. It's a risky move that could either work or fail altogether. You'd consider yourself lucky if you bought Bitcoin now to sell it at a higher price once everything goes back up again. At least, Bitcoin won't be going anywhere. As long as it works as intended, nothing else matters. Just my opinion
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yhiaali3
Legendary
Online
Activity: 1848
Merit: 1991
Fully Regulated Crypto Casino
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October 04, 2022, 01:40:09 AM |
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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.
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nullama
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October 04, 2022, 02:07:03 AM |
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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.
DCA for the long term seems to be the best strategy if you just want to live your life and not worry about the price of Bitcoin 24/7. Sure, maybe in some cases it won't be better than lump sum at a specific time, but in many cases it will be better as well, with the added benefit of not having to pay attention to the price swings.
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Smack That Ace
Legendary
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Merit: 1105
Free Free Palestine
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October 04, 2022, 03:11:31 AM |
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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.
Short-term goals won't be easy in today's increasingly bleeding market. During the bearish season, there are bound to be small rallies alternating, but to catch a bullish signal, you have to keep an eye on the market. I think I will never have the energy to sit for hours in front of the computer like you. I would rather buy now and DCA if the market bleeds more than risking short term profits. I am not a professional analyst, so I will choose to hold for a long time and at the current price, buying is too good.
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$anounimus$
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October 04, 2022, 05:17:31 AM |
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Everyone has an opinion about bitcoin, but very few people research whether it is a good investment or not. Bitcoin is still a new technology that is still trying to find its place in the world and is subject to market volatility.
Many experts believe that Bitcoin is ready to become the next big thing in finance for example as you mentioned the potential Bitcoin Price in 2023 has a Chance of reaching $100,000. Plus, with the success of Ethereum, you can see how investors might be interested in Bitcoin as well.
The more investment money that goes into cryptocurrencies, the more people will start using it for everyday purchases—and that's definitely something to look forward to. Of course, in terms of price, this is the right moment to enter and anyone here will be very interesting in looking forward to BTC to $100,000.
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