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Author Topic: THE RIGHT TIME TO MOVE IN  (Read 275 times)
asawale (OP)
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January 02, 2023, 11:58:19 AM
 #1

Another Bitcoin halving is expected to come in 2024. As it has been in the last two Bitcoin halving, the bull run follows. As we anticipate another Bitcoin halving, when is the right to buy in and stock up Bitcoin in order not to be left behind in the next bull market?
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January 02, 2023, 12:07:30 PM
 #2

As we anticipate another Bitcoin halving, when is the right to buy in and stock up Bitcoin in order not to be left behind in the next bull market?
If you are into it for a long run, the best time to buy bitcoin is always now. Less experienced will try to time the market and buy the bottom (which is impossible anyway unless you are very lucky) which usually results in paying more (speaking from personal experience btw) while in reality its best to start buying now, and eventually use DCA so you are not so affected with price volatility and more importantly you get the habit of buying bitcoin.

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January 02, 2023, 12:51:50 PM
 #3

As we anticipate another Bitcoin halving, when is the right to buy in and stock up Bitcoin in order not to be left behind in the next bull market?

No one knows. Looking at charts you might think that the right time to buy is before the halving, but while history does repeat itself sometimes, it's definitely not 100% the same.

Seriously, just accept that you can't accurately time the bottom and just DCA if you're bullish for the long-term.

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January 02, 2023, 12:55:23 PM
 #4

Another Bitcoin halving is expected to come in 2024. As it has been in the last two Bitcoin halving, the bull run follows. As we anticipate another Bitcoin halving, when is the right to buy in and stock up Bitcoin in order not to be left behind in the next bull market?

As what they say, the best time to buy bitcoin is yesterday, the second best time? is today. So yeah, whey not start this year with a good plan on how to stock up and accumulate Bitcoin in preparation for the next bull run in 2024. Maybe you can do DCA or buy when you have the money.

Of course it's not going to be very easy to accumulate as this is more of a mental test for everyone to buy and hold it for a long time. Or at least for the next 12-15 months before the actual halving. But we should start somewhere else if we wanted to take advantage of the market and get that x amount of profits in the future. And there are estimates and predictions that the price in the next bull run is in the conservative 6 digits.

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January 02, 2023, 12:57:03 PM
 #5

If we talk about what you expect halving, the best time to buy can be called not only today but also, generically, "yesterday." By sticking to the DCA, you deprive yourself of many nerve impulses and experience less excitement, as you will adhere to a strictly verified investment strategy at a certain time, completely ignoring the current price of bitcoin. In addition, the earlier you start investing, the more you can get in the end, since most likely, beginners cannot immediately invest significant amounts.
But the important point should be how consistently you can stick to your plan.

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January 02, 2023, 01:06:59 PM
 #6

Another Bitcoin halving is expected to come in 2024. As it has been in the last two Bitcoin halving, the bull run follows. As we anticipate another Bitcoin halving, when is the right to buy in and stock up Bitcoin in order not to be left behind in the next bull market?
The right time to buy is the time where you can afford losing an amount in an investment. We won't be able to determine which market price would it be its lowest or highest; the market itself is unpredictable. So simply invest once you are ready; to endure the market behavior, and to accept that profit won't come in an instant. Indeed the anticipated year would be on 2024, but that won't guarantee that thie year would be nothing. You may still try to analyze the market whether there will be a good price to invest and ofcourse, your willingness to be patient through ups and downs in this industry. Never compare your progress to others; just mind your own 'coz we have different capabilities as investors.

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January 02, 2023, 01:14:23 PM
 #7

when is the right to buy in and stock up Bitcoin in order not to be left behind in the next bull market?

You already mention on your own question the keyword that will help you to answer your inquiry. I’m sure you already knew it and you are just asking for a second opinion to justify your action for self satisfaction.

Buying Bitcoin in the current price is the best answer if you want to not left out. Looking on the monthly chart clearly show as that we are already on the bottom of the last bull cycle so doing a DCA from this price is good choice if you want to a position in Bitcoin.

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January 02, 2023, 02:09:47 PM
 #8

Another Bitcoin halving is expected to come in 2024. As it has been in the last two Bitcoin halving, the bull run follows. As we anticipate another Bitcoin halving, when is the right to buy in and stock up Bitcoin in order not to be left behind in the next bull market?
Actually the bearish season took over the years of 2022, but from my understanding of cryptocurrency, the best time to buy cryptocurrency and especially bitcoin in particular is during the bearish market, so therefore i believe that Bitcoin have a lot of things time someone can purchase it depending on your preferable time, so i believe that anyone who wants to invest in Bitcoin it's this season.

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January 02, 2023, 02:12:06 PM
 #9

Another Bitcoin halving is expected to come in 2024. As it has been in the last two Bitcoin halving, the bull run follows. As we anticipate another Bitcoin halving, when is the right to buy in and stock up Bitcoin in order not to be left behind in the next bull market?
.
If you think halving is the catalyst, then the time to buy is right now or DCA until it goes past the halving. Of course, you need to be ready even if what's worst right now happens like a huge decline in the market. Don't go all in when you try to buy, DCA is the best course of action.
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January 02, 2023, 02:37:54 PM
 #10

Yes it's true the next halving would be happen on 2024, but do you think Bitcoin price will always be same like the previous history? no one knows. But there's nothing wrong if you want to accumulate Bitcoin right now until Bitcoin make new ATH, just make sure you're invest what you can afford to lose, so be ready if Bitcoin price might fall and reach $1 at the worst.

There's no late or wrong time to buy Bitcoin, as long as you're trust Bitcoin 100% and know what you're doing, it's totally fine.

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January 02, 2023, 03:11:57 PM
 #11

when is the right to buy in and stock up Bitcoin in order not to be left behind in the next bull market?
Tomorrow, Amazon publicly announces accepting Bitcoin.  To not be left behind, eBay, Best Buy, Tesco, Walmart and a few more known shops decide to also accept Bitcoin by the end of January.  Now a strong Bitcoin bull market is initiated with a totally unexpected move and you were left behind.

Why look for the 'right time'.  The right time may be anytime.  Just buy if you think Bitcoin is worth buying.

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January 02, 2023, 04:19:21 PM
 #12

@OP you heard it, the right time is always when the price is down, when you can afford to buy. I don't see what is stopping you. If you are waiting for 10k btc according to what some people speculates, you might miss out on a good opportunity which is right in front of you.

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January 02, 2023, 04:26:26 PM
 #13

Another Bitcoin halving is expected to come in 2024. As it has been in the last two Bitcoin halving, the bull run follows. As we anticipate another Bitcoin halving, when is the right to buy in and stock up Bitcoin in order not to be left behind in the next bull market?
Even if we assume there was someone that knew that information that person will never reveal it to anyone as that information will be worth a lot of money, once you accept this then it is time to think about what to do with the imperfect information that we have.

And this is easy, bitcoin is already priced at a very low level and investing at any moment is a good idea, could the price go lower? Yes, but since you do not know that then you need to take decisions based on what you know and disregard the scenarios that may not come to pass.
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January 02, 2023, 04:46:26 PM
 #14

Another Bitcoin halving is expected to come in 2024. As it has been in the last two Bitcoin halving, the bull run follows. As we anticipate another Bitcoin halving, when is the right to buy in and stock up Bitcoin in order not to be left behind in the next bull market?

I have seen or heard different speculations about the price of Bitcoin. But from my few years of experience dealing with the currency it is clear that it is unpredictable. A single positive news can lead to the rise in its price and vice versa. I think the best advice would be to keep buying every time you have the money to invest. It is good to have a plan and stick to it regardless of how the market turns-out. Most people that are waiting to buy Bitcoin when the price drops very low either ended up not buying or had to buy at a very high price. Buying Bitcoin anytime you have the opportunity or funds is the best time to buy it.

R


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January 02, 2023, 05:00:34 PM
 #15

Another Bitcoin halving is expected to come in 2024. As it has been in the last two Bitcoin halving, the bull run follows. As we anticipate another Bitcoin halving, when is the right to buy in and stock up Bitcoin in order not to be left behind in the next bull market?

How can you know when it's time to buy back? If it were that easy, many would have already made hundreds of millions. You can't know when the bear market will end but maybe you can sense an end or see a glimmer, the advice I can give you is to accumulate now that we are very low.
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January 02, 2023, 05:19:58 PM
 #16

when is the right to buy in and stock up Bitcoin in order not to be left behind in the next bull market?
Nobody knows the right time for you to buy bitcoin, and nobody will tell you when to buy bitcoin, but I think you should do your analysis yourself to know when to buy, but you should know that you can't catch the bottom.
We all know that bitcoin is down now and most people are accumulating bitcoin now, if you are expecting more dip before you will buy, you might not see the dip and if you buy now and you are expecting pump, it might still dip more. But now that bitcoin price is down, if you are planning to hold, then If you buy now, it's not really a bad idea(just my opinion).

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January 02, 2023, 05:22:23 PM
 #17

Another Bitcoin halving is expected to come in 2024. As it has been in the last two Bitcoin halving, the bull run follows. As we anticipate another Bitcoin halving, when is the right to buy in and stock up Bitcoin in order not to be left behind in the next bull market?
Now is the time, believe me.
We have been quite bearish in 2022, in fact we never expected $15.5K to actually be touched again after the price hit $69K as its highest ATH. Then what makes you doubt that now is the time? 2023 should be a year worth buying for your long-term investment, but if you're still unsure about the possibility of another dip then do DCA.

So if you never buy in 2022, then do so throughout 2023. It's a wise choice, but still use your funds wisely and always buy an amount you can afford to lose. One more thing, withdraw all those bitcoin to your wallet where you have full control over them.

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January 02, 2023, 05:24:57 PM
 #18

As we anticipate another Bitcoin halving, when is the right to buy in and stock up Bitcoin in order not to be left behind in the next bull market?
The right time is now. The simple reason being that for a coin that once rose to $69k but it's currently trading at $16k+ is a giveaway. Anyone who's still dilly-dallying on whether to buy or not isn't doing themselves any good at all. I would rather DCA on Bitcoin than keep expecting that price will crash more and hit bottom and then miss out of buying it. So, OP should buy now and don't foot drag on it.

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January 02, 2023, 09:01:25 PM
 #19

Another Bitcoin halving is expected to come in 2024. As it has been in the last two Bitcoin halving, the bull run follows. As we anticipate another Bitcoin halving, when is the right to buy in and stock up Bitcoin in order not to be left behind in the next bull market?

Bitcoin is at it's lowest price for the last 2years (2021 & 2022) so now is the best time to buy, we mightn't know if the price will fall further so if you aren't comfortable holding through another dip then you can dollars cost average your investment so if it dips further you have some spare funds to buy again although it doesn't matter when you're investing for the long time.
You should note though that the bull market isn't coming in 2024 as from history the bull market starts fully one year later after the halving of Bitcoin reward, therefore we shouldn't be over expected of positive outcome in 2024 instead our attention should be turned to 2025 as from history we're to be expecting a massive rally in the market in this year.
This means we have about 1 year left to accumulate bitcoin until the bull market is fully activated. This is just my observation from history and the market might or mightn't follow same pattern so best we invest now and wait instead of missing out on another opportunity to make good return on investment.

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January 02, 2023, 09:47:23 PM
 #20

The thing you either buy bitcoin on a bearish market or you left behind. Bitcoin currently seems to be at a great buying price but who knows about the future, maybe it will go down more. If you can hold it for a long time and you don't need that money any time soon you can buy now.

@OP you heard it, the right time is always when the price is down, when you can afford to buy. I don't see what is stopping you. If you are waiting for 10k btc according to what some people speculates, you might miss out on a good opportunity which is right in front of you.

People are always left behind while waiting for the right time. I have made many mistakes by doing the same. The price is down enough to get into bitcoin, with the money OP afford to lose.
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