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Author Topic: Now is the perfect time to invest in Bitcoin  (Read 10267 times)
Lillominato89
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December 06, 2022, 08:43:44 AM
 #181

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.

Sorry for answering from the first post in this topic, I totally agree with you that this could be one of the best times to invest in Bitcoin, since the price remains a bit stable between 18k and 19k, and with a big resistance on the 16k, but I don't agree on the future price in 2023, the current global problems are putting all the financial markets in crisis and it seems to also affect Bitcoin, if it reaches 100k? I honestly don't know, probably yes but we would have a long time to wait. the best strategy currently is the DCA if you want to invest

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December 06, 2022, 12:38:33 PM
 #182

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.

In my opinion, the all time best period to invest in bitcoin was about 10 years ago and the next best time to invest in bitcoin is now. But a valid point to remember is to have the ability to hold onto the coins for a long time. That’s when investments(bitcoin or otherwise) usually yield maximum profits
There’s always some risk to bear when venturing into investments and that should not deter the young and inexperienced investors to be able to buy and hold bitcoin for the long run.

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December 07, 2022, 08:10:37 AM
 #183


In my opinion, the all time best period to invest in bitcoin was about 10 years ago and the next best time to invest in bitcoin is now. But a valid point to remember is to have the ability to hold onto the coins for a long time. That’s when investments(bitcoin or otherwise) usually yield maximum profits
There’s always some risk to bear when venturing into investments and that should not deter the young and inexperienced investors to be able to buy and hold bitcoin for the long run.

Why was the best opportunity ten years ago? But what about March 2020, when bitcoin was worth 3k, it was not a great time to buy? And why do you think the best time is now, because the price is now 16k, which is much higher than it was two years ago, I don’t quite understand how you determine the best time to invest, maybe we have different criteria? )

 
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December 07, 2022, 08:49:53 AM
 #184

The cryptocurrency situation in the current world is on the dire side.  Because not all investors can decide to hold Bitcoin in this situation.  But I think looking back a bit, the Bitcoin market was way up.  But currently Bitcoin is at 16K.  But I think bitcoin market will start to grow little by little from 2023.  Because I think the market will not remain at such a low level for a long time.
let's hope it's true. and I also don't want to waste the current bitcoin price which I think is already low. I try to keep my money aside to collect bitcoins. because it is possible that the market will gradually recover little by little starting from 2023. and finally in 2024 then the bull market will begin.

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December 10, 2022, 03:44:37 AM
 #185


In my opinion, the all time best period to invest in bitcoin was about 10 years ago and the next best time to invest in bitcoin is now. But a valid point to remember is to have the ability to hold onto the coins for a long time. That’s when investments(bitcoin or otherwise) usually yield maximum profits
There’s always some risk to bear when venturing into investments and that should not deter the young and inexperienced investors to be able to buy and hold bitcoin for the long run.

Why was the best opportunity ten years ago? But what about March 2020, when bitcoin was worth 3k, it was not a great time to buy? And why do you think the best time is now, because the price is now 16k, which is much higher than it was two years ago, I don’t quite understand how you determine the best time to invest, maybe we have different criteria? )
Everyone have their own clear view on when to buy bitcoin, he chooses 10 years earlier was better to bagged bitcoin, although it's price have not pump to this present amount and it course have one of the best entry of bitcoin. Buying bitcoin currently, is also one of good remaining decisions to triggered but we should fully assure of the downtrend of bitcoin before hopping on the projects. there's every possibilities that we can buy the dip, and keep dipping with the dip.

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December 11, 2022, 09:03:42 PM
 #186

Well no one can actually say or tell when another bull season will be experienced and most certainly no one can tell if the bear season can go way worst than this already experienced. This years has seen so many drama in the crypto world, after bitcoin fell very low and most top investor lost a lot in bitcoin investments. The drastic fall has seen many people take it as an opportunity to hoard as much bitcoin they can get with the hopes of experiencing another bull season next year like that of the bull run experienced in the year 2020.

But with current observation made i don't think we will be experiencing a bull run anytime soon,  maybe we might hopefully see a bull run in the next two years and except only you are willing to hodl and wait because the beginning of 2023 might be a continuation of the same bear season.

But i suggest in buying now that the price is very low but only if you are willing to hodl and wait for the next bull season

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December 11, 2022, 10:45:55 PM
 #187


In my opinion, the all time best period to invest in bitcoin was about 10 years ago and the next best time to invest in bitcoin is now. But a valid point to remember is to have the ability to hold onto the coins for a long time. That’s when investments(bitcoin or otherwise) usually yield maximum profits
There’s always some risk to bear when venturing into investments and that should not deter the young and inexperienced investors to be able to buy and hold bitcoin for the long run.

Why was the best opportunity ten years ago? But what about March 2020, when bitcoin was worth 3k, it was not a great time to buy? And why do you think the best time is now, because the price is now 16k, which is much higher than it was two years ago, I don’t quite understand how you determine the best time to invest, maybe we have different criteria? )
Everyone have their own clear view on when to buy bitcoin, he chooses 10 years earlier was better to bagged bitcoin, although it's price have not pump to this present amount and it course have one of the best entry of bitcoin. Buying bitcoin currently, is also one of good remaining decisions to triggered but we should fully assure of the downtrend of bitcoin before hopping on the projects. there's every possibilities that we can buy the dip, and keep dipping with the dip.
It is really hard to predict the perfect down of the market. Each and every price can be considered as the right one to enter the market. If we were able to enter at the perfect down the time to experience the profit gets lowered. If one enters the market at the top, automatically it'll make the user hold for a long to experience the profit. Rather than looking for an entry, I suggest users to develop the minds to have patience with which it is possible to overcome any sort of market downturn.

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December 11, 2022, 10:52:23 PM
 #188


In my opinion, the all time best period to invest in bitcoin was about 10 years ago and the next best time to invest in bitcoin is now. But a valid point to remember is to have the ability to hold onto the coins for a long time. That’s when investments(bitcoin or otherwise) usually yield maximum profits
There’s always some risk to bear when venturing into investments and that should not deter the young and inexperienced investors to be able to buy and hold bitcoin for the long run.

Why was the best opportunity ten years ago? But what about March 2020, when bitcoin was worth 3k, it was not a great time to buy? And why do you think the best time is now, because the price is now 16k, which is much higher than it was two years ago, I don’t quite understand how you determine the best time to invest, maybe we have different criteria? )
Everyone have their own clear view on when to buy bitcoin, he chooses 10 years earlier was better to bagged bitcoin, although it's price have not pump to this present amount and it course have one of the best entry of bitcoin. Buying bitcoin currently, is also one of good remaining decisions to triggered but we should fully assure of the downtrend of bitcoin before hopping on the projects. there's every possibilities that we can buy the dip, and keep dipping with the dip.
It is really hard to predict the perfect down of the market. Each and every price can be considered as the right one to enter the market. If we were able to enter at the perfect down the time to experience the profit gets lowered. If one enters the market at the top, automatically it'll make the user hold for a long to experience the profit. Rather than looking for an entry, I suggest users to develop the minds to have patience with which it is possible to overcome any sort of market downturn.
The perfect time to invest is when you're ready. As you've mentioned, it is hard to predict the lowest market price Bitcoin could reach and that is true. And that is also why investing once you can afford to set aside such amount, is the perfect time. Once you've entered this market, you must be equipped with the idea of loss possibilities. The market price could either go up or continue to fall down once you invested, and that would be the problem if you are just hoping to earn profit as an investor. Right now, there are still no clear signs of market recovery and it could be months or year before such thing happen; no one knows. So if you plan to invest, could you endure?

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December 12, 2022, 10:13:33 AM
 #189

It is really hard to predict the perfect down of the market. Each and every price can be considered as the right one to enter the market. If we were able to enter at the perfect down the time to experience the profit gets lowered. If one enters the market at the top, automatically it'll make the user hold for a long to experience the profit. Rather than looking for an entry, I suggest users to develop the minds to have patience with which it is possible to overcome any sort of market downturn.

It is impossible for everyone to buy at the bottom as when everyone start buying the rates go up. So no need of trying to predict the lowest point. It is okay not to buy at the high and when you have opportunity. Bitcoin someday will go up, so just no need to hurry.

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December 12, 2022, 04:42:49 PM
 #190

It is really hard to predict the perfect down of the market. Each and every price can be considered as the right one to enter the market. If we were able to enter at the perfect down the time to experience the profit gets lowered. If one enters the market at the top, automatically it'll make the user hold for a long to experience the profit. Rather than looking for an entry, I suggest users to develop the minds to have patience with which it is possible to overcome any sort of market downturn.

It is impossible for everyone to buy at the bottom as when everyone start buying the rates go up. So no need of trying to predict the lowest point. It is okay not to buy at the high and when you have opportunity. Bitcoin someday will go up, so just no need to hurry.
Technically your right. We don't need to hit the lowest bottom to buy some bitcoin. As long as we catch the dump before the upward trend, I can personally consider it as buying at the bottom. I will be happy even if I catch a BTC dump even it's $500 more than the lowest price as long as the market will go uptrend. I haven't hit the exact dump price in my whole crypto experience, I always place myself at my buy zone. As long as it's hit, I'm pretty happy with it.

I have newbie friends that thinks like they need to hit the rock bottom price, This is why I assume that they strive for bigger profit. And yeah I told them that it is very hard to catch, I just told them to be happy with the profit they can get with their entry point.

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December 12, 2022, 04:52:06 PM
 #191

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.
Truly, it might take time before Bitcoin would reach $100,000 and I am not expecting it in the next bullish run in 2024 as many expect. What I expect is a stead coin that would make its time to be rising steadily when inflation has subsided and the global economic woes have eased to some reasonable extent. This would take time, but it could happen midst of the Russia-Ukraine war as the effect of the war is being priced-in already, it might not affect more than what it has already done.

More alternatives are now being harnessed, and the world should be out of the woods soon while the war lingers.

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December 13, 2022, 02:56:36 AM
 #192

I think governments will continue to suppress the crypto sector and we will not see very high figures for the next 1-2 years, but I still think it is a sensible investment for the long term.It can be invested to earn in the long term (2-3 years).

2-3 years doesn't even cover a single halvening. Long term should be at least 2 of those in my mind, so 8+ years or so.

The more patient you are, the better you can benefit with investments.

At the moment the relative price of Bitcoin is very low compared to what it was recently, so it might be a good opportunity.
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December 13, 2022, 02:59:21 PM
 #193

Technically your right. We don't need to hit the lowest bottom to buy some bitcoin. As long as we catch the dump before the upward trend, I can personally consider it as buying at the bottom. I will be happy even if I catch a BTC dump even it's $500 more than the lowest price as long as the market will go uptrend. I haven't hit the exact dump price in my whole crypto experience, I always place myself at my buy zone. As long as it's hit, I'm pretty happy with it.

I have newbie friends that thinks like they need to hit the rock bottom price, This is why I assume that they strive for bigger profit. And yeah I told them that it is very hard to catch, I just told them to be happy with the profit they can get with their entry point.

Exactly. You can always buy at a low price and then sell it higher when the market turns bullish again. We cannot tell how low Bitcoin will go due to the unpredictable nature of the crypto market. Many factors have negatively impacted BTC's price starting from The FED's monetary policy to the Russo-Ukraine war affecting the global supply chain. And don't let me get started on the Terra/LUNA implosion and the FTX collapse.

If there's a right time to buy, I'd say this is the moment to build your wealth for the future. Weak hands will sell due to FUD, but strong hands will keep buying no matter what. As long as you don't put all of your life savings into Bitcoin, you'll have nothing to worry about. Just my opinion Smiley

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December 13, 2022, 04:42:56 PM
 #194

The perfect time to invest is when you're ready. As you've mentioned, it is hard to predict the lowest market price Bitcoin could reach and that is true. And that is also why investing once you can afford to set aside such amount, is the perfect time. Once you've entered this market, you must be equipped with the idea of loss possibilities. The market price could either go up or continue to fall down once you invested, and that would be the problem if you are just hoping to earn profit as an investor. Right now, there are still no clear signs of market recovery and it could be months or year before such thing happen; no one knows. So if you plan to invest, could you endure?
A few weeks ago the market was dominated by negative news, but today the situation is changing and we see that the price is turning up. Who could predict what the movement would be, or who can say what will happen in a day, a week or a month? That's right, no one has such information and therefore you need to buy at regular intervals, say every week, or every month, as you like. Determine the amount that will be convenient for you and start your way as an investor.

Imagine a situation where a person only saves money but does not buy, he is waiting for a better time. He waited when the price dropped to 15500, waited when the price was 16500 and continues to wait now, when it almost reached 18000, and what will happen if he waits further but in a week the price will already be 20k, and in a month 30k, at what level will he start buying? And he was waiting for this all the time, because many people said that the price could drop to 10k?

Now let's imagine that he bought every week at all levels for an equal amount, say $ 100, in which case he gets the average price and does not worry about when to buy. He has an investment with a good average purchase price. So don't wait for the perfect time to invest, just act.

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Tommiewill
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December 14, 2022, 06:01:41 AM
 #195

As far as this time period is concerned, you may be under tremendous pressure to invest in Bitcoin. It’s not that it’s not the best time to buy Bitcoin, it’s that any time you buy Bitcoin will be a good time. The price of Bitcoin will definitely fall in the future. You can hold on until the price doubles and you can buy. Otherwise, if you wait until a few years later and look at the data of Bitcoin, you will regret not buying Bitcoin now.
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December 15, 2022, 04:21:17 PM
 #196

I think Bitcoin price was around 68k to 69k in November 2021.
Ok, I can say from previous experience that the price of Bitcoin is very likely to go over 100k. But it is difficult to say when this will happen, approximately it could take one or two year. As such, it would be wise to invest in Bitcoin now.
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December 17, 2022, 12:18:55 PM
 #197

I think Bitcoin price was around 68k to 69k in November 2021.
Ok, I can say from previous experience that the price of Bitcoin is very likely to go over 100k. But it is difficult to say when this will happen, approximately it could take one or two year. As such, it would be wise to invest in Bitcoin now.

Well, every time Bitcoin price goes to another level there's another level that is waiting to be surpassed.

When Bitcoin passed $1 it was a big deal. Same when it passed $100, and also when it achieved gold parity.

There will always be more and more numbers that Bitcoin will continue to go through. Probably the next one will be $100,000. Who knows when that will happen, but eventually we might be able to see that.
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December 17, 2022, 12:50:21 PM
 #198

There will always be more and more numbers that Bitcoin will continue to go through. Probably the next one will be $100,000. Who knows when that will happen, but eventually we might be able to see that.
This has even been predicted since December last year, when indeed almost some people lost hope when their expectations were broken. But on the other hand I'm still pretty sure something like that is still going to happen and maybe even more so in the future because indeed now is the time to be Bearish so it's pretty certain that this is the right thing to buy hoping things return quickly.
But it is possible that there are still many people who are still waiting now to stay in the bearish phase while continuing to be in DCA at a low price.

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December 17, 2022, 04:30:33 PM
 #199

It is always better to buy bitcoins at low prices And now the price of Bitcoin is very low.  So surely this could be a good time to invest in Bitcoin . Bitcoin is priced much, much lower than ATH.  So I think investing in Bitcoin now is not bad plan. If you invest in Bitcoin now and if Bitcoin makes a new ATH again, you will get huge profits from here.  But it must be a long-term investment .

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December 17, 2022, 06:35:37 PM
 #200

yesterday we saw the price of bitcoin again experiencing a fairly deep decline, namely returning to the point of $ 16k usd. But I am quite happy because my entry is filled again. I have even now placed a purchase entry at a lower point. My DCA continues. and I think the market is now the right time to continue buying and investing in bitcoin. But actually I think that this decline will probably be the last of the bearish season. because I have read a lot about it. and maybe the sideways market will last quite a while before the bull market comes back.

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