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Author Topic: Now is the perfect time to invest in Bitcoin  (Read 10223 times)
Jatiluhung
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November 09, 2022, 01:30:03 PM
 #161

Oh God, here we go again. What if after this the price drops again? Is that "another perfect time" to invest in bitcoin?

Why are we so busy guessing where the bitcoin price will go? If you already have bitcoins, just hold on. If you don't have one, then every day when the price drops, that's time to buy.
However, the title of this thread can be used to remind people who are afraid to buy when the price drops (maybe).
Continuing to accumulate every drop is the right move at this time. I also continue to apply the DCA strategy to this day. and if you think long term then if bitcoin is going to have a deeper drop back then it won't be a scary thing. because it could be an opportunity for us to buy bitcoin at a discount. and save it until later the bullrun market returns.

but fear is always present in any market conditions. when bitcoin goes up. then we are afraid of being left behind and buying in a hurry. and when bitcoin goes down we are even afraid to buy because we are also afraid that bitcoin will go down deeper.
Even then, I still feel it sometimes. because I'm still new to bitcoin and crypto. it's only been a few months since I entered bitcoin. but my friend teaches about DCA. and now I continue to apply DCA. and it turns out to be effective for stabilizing our emotions. fear becomes controllable.

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inthelongrun
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November 09, 2022, 01:46:56 PM
 #162

Oh God, here we go again. What if after this the price drops again? Is that "another perfect time" to invest in bitcoin?

Why are we so busy guessing where the bitcoin price will go? If you already have bitcoins, just hold on. If you don't have one, then every day when the price drops, that's time to buy.
However, the title of this thread can be used to remind people who are afraid to buy when the price drops (maybe).

Right. I am a little sad that the market went deeper but somehow I cannot deny in my mind saying it is an opportunity to accumulate more. We might even see the price drop even more to like $15k something. We still have around 2 more years before the next halving so we better expect more traders to sell every small increase in price. The best thing for us here is to always DCA and think long-term.

At least if Bitcoin reaches $100,000 which is my minimum target in the next halving, we are x7 on ROI if we base to its current price.

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November 09, 2022, 01:55:48 PM
 #163

Oh God, here we go again. What if after this the price drops again? Is that "another perfect time" to invest in bitcoin?

Why are we so busy guessing where the bitcoin price will go? If you already have bitcoins, just hold on. If you don't have one, then every day when the price drops, that's time to buy.
However, the title of this thread can be used to remind people who are afraid to buy when the price drops (maybe).

We really, really need to always discuss about the direction of the price, about price forecasts, and thanks to these discussions it is possible for other people to have an idea of many things, such as: if they are psychologically prepared to endure every time the price drops a lot, other people will be able to read people's comments here and will be able to see that being patient can be a good way for them when they buy bitcoin, but we always have to have a discussion about the price, we always have to make price predictions, that's something good and healthy. In every market there is this, I believe you see people on TV commenting on the direction of the price of gold, oil, sugar, wheat or the global economy. you also see price forecasts on tv if in the next few months prices will fall or rise, this is something that has in all markets

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November 09, 2022, 03:11:10 PM
 #164

Another opportunity to invest in Bitcoin has arrived. Those who imagined that Bitcoin would go to $17,000 would invest. We can already see Bitcoin holding that $17,000 level. The market will not be in such a state. But many analysts say Bitcoin will take a better position this week. But it can stay between 20 and 23 thousand dollars.  Those who are willing to invest can invest in this market. I would say this is the right time to invest.

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November 10, 2022, 06:59:14 AM
 #165

Every time I fall, I will buy a little bit, I can't buy the lowest point, but history tells me that I have always been profitable, and you should use the mentality of buying collectibles.
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November 10, 2022, 01:47:36 PM
 #166

Every time I fall, I will buy a little bit, I can't buy the lowest point, but history tells me that I have always been profitable, and you should use the mentality of buying collectibles.
I'm quite happy because finally the entry buy that I installed last month can finally be filled. I put an entry buy at the point of 17k to 16.5k and I didn't think that it would be filled. and now I have posted a purchase entry at a lower price. because my friend told me that the potential to 12-13k is possible because the strongest support is there. although I myself am not sure that BTC will drop any further. but it doesn't hurt me to prepare a purchase at a lower price.

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November 10, 2022, 02:36:55 PM
 #167

Every time I fall, I will buy a little bit, I can't buy the lowest point, but history tells me that I have always been profitable, and you should use the mentality of buying collectibles.

Yeah, such a nice mentally, and it drives me to buy and treat it as a collection at that price because you can think in the future that you purchased it at a low price. Also, we really don't know what price is the lowest point, so we should buy it now if we think it is the lowest (based on our analysis) since if the bitcoin is up again, then we have already lost a chance to buy it.
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November 15, 2022, 05:38:41 PM
 #168

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 2010 people didn't invest because it was too difficult
in 2015 because it was too risky
in 2020 because it was too expensive
in 2025 they'll say it's too late.

Every time to invest is a good time. And yes, I also do believe that 2023 will take BTC to new levels
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November 15, 2022, 08:00:31 PM
Last edit: November 15, 2022, 08:30:22 PM by SOKO-DEKE
 #169

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.

If you have been following the price history of Bitcoin, I don't think u will have such a believe that it is because covid19 that makes  the Bitcoin price hit the highest price which is $69k which everyone knows. All I know about the price of Bitcoin is the level of adoption, once people are buying and holding Bitcoin no matter how the price will increase.



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.

Nothing is not possible in bitcoin in price, I also believe that Bitcoin price can reach $100k but when? That is what I can't predict. But surely Bitcoin can reach $100 in 2023 if only when have companys and big business mens who want to invest in Bitcoin. How sure are you that if a person purchase Bitcoin at this time around that will make by it by 2023 because the the price will great increase? When more people are saying we should be expecting bearish in 2023.but I know according to history price of Bitcoin is that any 4 years there are always a huge increase in the price, which have experienced for many years now.




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November 15, 2022, 08:04:41 PM
 #170

In 2010 people didn't invest because it was too difficult
in 2015 because it was too risky
in 2020 because it was too expensive
in 2025 they'll say it's too late.

Every time to invest is a good time. And yes, I also do believe that 2023 will take BTC to new levels

Bitcoin is one of the most promising coin in the space and it have enough backup to pump in the coming years. I regret all my actions in 2015, because I wasn't well told how Bitcoin operates, I was reluctant in my actions to bagged the coin and wasn't full of confidence that it will pump. In 2020, I bagged according to my lotsize and it's kept for long term purpose. Although it's currently dipping but their full prediction that it will make a bull run to $100k next year. The possibility is achieveable and probably it's next target is to hit $100k.
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November 15, 2022, 11:11:52 PM
 #171

~snip~
In 2010 people didn't invest because it was too difficult
in 2015 because it was too risky
in 2020 because it was too expensive
in 2025 they'll say it's too late.

Every time to invest is a good time. And yes, I also do believe that 2023 will take BTC to new levels


I feel that we're now shifting into thinking about sats instead of bitcoins.

It will be a few more years until sats are actually worth a lot, and bitcoins are basically similar to how we say "millions" in terms of USD.

The beauty of an appreciating asset is that you can always buy it and hold it.

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November 16, 2022, 01:22:04 AM
 #172

Right. I am a little sad that the market went deeper but somehow I cannot deny in my mind saying it is an opportunity to accumulate more. We might even see the price drop even more to like $15k something. We still have around 2 more years before the next halving so we better expect more traders to sell every small increase in price. The best thing for us here is to always DCA and think long-term.

At least if Bitcoin reaches $100,000 which is my minimum target in the next halving, we are x7 on ROI if we base to its current price.

Believe me, you ain't seen nothing yet. The global economy is bound to get worse by 2023, as central banks continue to raise interest rates to help tackle inflation. This will severely affect market prices of both crypto and stocks. The FTX collapse will add fuel to the fire, resulting in lower market prices for Bitcoin and its derivatives. I think BTC would decline to $12k before bouncing back up to $20k a few months from now. Many people are already saying "Bitcoin is dead", but they really don't know what they're talking about. They're only saying this because they're not thinking about the long-term. After all, most people want to make profit with Bitcoin at a very fast pace.

Let tell me you that there's more to Bitcoin than meets the eye. As the OP said, "now is the perfect time to invest in Bitcoin". With a limited supply of 21m coins, and decentralized/censorship-resistant properties unlike any other currency on Earth, Bitcoin should be worth a lot more than what it is right now. I'd say Bitcoin is undervalued based on this alone. If you buy now, you'll be able to reap the rewards in the long term. Just remember to never invest more than what you can't afford to lose, and nothing should stop you from achieving your dream in the future. Just my opinion Smiley

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November 16, 2022, 01:49:47 AM
 #173

It can only be said that now is a good time to buy Bitcoin, but not the best time, because the exact bottom cannot be guessed. Now is indeed a good buying opportunity, but don't buy and hold a lot at once, because the market is unstable during the bear market, and the price of Bitcoin may still fall again. In the long run, Bitcoin will appreciate in value, and I am very confident in its potential for price increases.
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November 16, 2022, 02:19:19 AM
 #174

I think it will be a long time before Bitcoin returns to its 2021 highs, let alone $100,000. The epidemic is also one of the factors affecting the market, and the war between Russia and Ukraine has also had an impact.
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November 16, 2022, 02:24:42 AM
 #175

Right. I am a little sad that the market went deeper but somehow I cannot deny in my mind saying it is an opportunity to accumulate more. We might even see the price drop even more to like $15k something. We still have around 2 more years before the next halving so we better expect more traders to sell every small increase in price. The best thing for us here is to always DCA and think long-term.

At least if Bitcoin reaches $100,000 which is my minimum target in the next halving, we are x7 on ROI if we base to its current price.

Believe me, you ain't seen nothing yet. The global economy is bound to get worse by 2023, as central banks continue to raise interest rates to help tackle inflation. This will severely affect market prices of both crypto and stocks. The FTX collapse will add fuel to the fire, resulting in lower market prices for Bitcoin and its derivatives. I think BTC would decline to $12k before bouncing back up to $20k a few months from now. Many people are already saying "Bitcoin is dead", but they really don't know what they're talking about. They're only saying this because they're not thinking about the long-term. After all, most people want to make profit with Bitcoin at a very fast pace.

Let tell me you that there's more to Bitcoin than meets the eye. As the OP said, "now is the perfect time to invest in Bitcoin". With a limited supply of 21m coins, and decentralized/censorship-resistant properties unlike any other currency on Earth, Bitcoin should be worth a lot more than what it is right now. I'd say Bitcoin is undervalued based on this alone. If you buy now, you'll be able to reap the rewards in the long term. Just remember to never invest more than what you can't afford to lose, and nothing should stop you from achieving your dream in the future. Just my opinion Smiley
I think the same is true. The economy will be worse in 2023. The price of FTX’s bankruptcy market yesterday was affected, but this does not affect investors’ investment in Bitcoin, because the price of Bitcoin is much more than that, and it will not let us down in the future.
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November 16, 2022, 02:25:57 AM
 #176

It is a bear market for cryptocurrencies right now, and it is indeed a good time to invest in cryptocurrencies. But if you want to sell for profit in the short term, it is not recommended to buy Bitcoin. If I had enough money, I would definitely buy $50,000 in Bitcoin first and then forget I bought it. When the bull market comes, I'll be a millionaire. But in reality I can't do that.
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November 16, 2022, 02:35:36 AM
 #177

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 am waiting for him to reach 10-13k, I will choose to start there, I will wait patiently, and then wait for the potential of Bitcoin to burst.
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December 06, 2022, 07:40:13 AM
 #178

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.




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.

Currently now, Bitcoin is far below this price as you have stated. I believe strong hands and smart investor would be at the top and bottom buying because it is at it's lowest currently and likely might go below this price depending on factors surrounding the market. Those looking for where to invest can as well do the needful by investing what they can afford to loose at any point in time but we all know it will bounce back in future as we can not currently predict the market as it is. Anyone investing in Bitcoin now should see it as a long time investment because currently it is better to hold for a long time than watching the market as a new investor otherwise, you will be tempted to selloff which might likely lead you to making loss if you do not control yourself seeing the market.

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December 06, 2022, 07:53:33 AM
 #179

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.




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.


This is really the best time to invest in bitcoin. I told someone to invest when it was $16k. Assuming he did he would have been a happy man now that it's 19k. Even if it won't get to 100k I really believe in the coming year it might get to $50k. It's really best to invest in it now than when it's $50k.

People who are outside (people who don't know much about crypto  see Bitcoin as a negative investment because of recent occurrence but that's why it's an investment. There's no investment without risk but because there's risk doesn't mean we shouldn't invest.

R


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December 06, 2022, 08:27:21 AM
 #180

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.




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.

Currently now, Bitcoin is far below this price as you have stated. I believe strong hands and smart investor would be at the top and bottom buying because it is at it's lowest currently and likely might go below this price depending on factors surrounding the market.

All of us who are currently in cryptocurrencies should be thinking about cryptocurrencies.  Because with small investment we can be successful one day.  So of course we have a very low current bitcoin market.  If we invest then surely we can achieve success from here.  So if you want to achieve success by investing then you can definitely invest in the present time.

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.




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.


This is really the best time to invest in bitcoin. I told someone to invest when it was $16k. Assuming he did he would have been a happy man now that it's 19k. Even if it won't get to 100k I really believe in the coming year it might get to $50k. It's really best to invest in it now than when it's $50k.

People who are outside (people who don't know much about crypto  see Bitcoin as a negative investment because of recent occurrence but that's why it's an investment. There's no investment without risk but because there's risk doesn't mean we shouldn't invest.

No matter how low the Bitcoin market is, we will not be disappointed.  Because we will buy when the Bitcoin market goes down and sell when the market goes up.  But market updown is only an investment opportunity.  But the market is currently at 17k dollars.  Looking back to 2021, you must have seen the Bitcoin market at $69,720.  But your wealth is your thoughts.  But I think the Bitcoin market will definitely grow.
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