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Author Topic: Is it safe to buy now?  (Read 1589 times)
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January 25, 2023, 08:27:10 PM
 #121

Bitcoin has recorded an all-time high of $69K in 2021. I believe that investing now is the best time, but still consider the amount you can afford to lose. I think 2022 is the year investors enter the market and buy as much crypto as possible including bitcoin. But that doesn't mean they won't do it in 2023 as long as the price is lower than previous ATH.

Nothing is impossible if you are doing your homework, research and observe first before taking any steps in investing your hard earned money is the best way to avoid making a big mistake in losing your investment.
Yes, learning is always possible especially to hone his skills about crypto and its market. Profit does not come by just hoping for luck, but there must be effort and sacrifice for it.

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January 25, 2023, 09:52:43 PM
 #122

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.
Regardless of the position of cryptocurrency, it can be reduce it's price drastically or further improve. There is a common matter of risk. Those who can invest and understand these things will succeed. At present, a small pumping event has been visible at BTC market, which is why all the crypto markets are now active. At the moment there are more than 1 trillion transactions have been done. The current Bitcoin price is about 23000, according to the market situation Bitcoin price is still within the range and this time can be considered as a good time for investment. A slight price reduction after purchase is acceptable. Moreover, this is definitely a good time to buy if you have long-term investment preparations.
There's always only 3 days whether it would be going up, going down or going sideways.

There's no way that we would be able to precisely predict on where it would be going due to some factors or doesnt really been affected by anything at all on which it is really making much more harder on this point.
This is why people would really be banging up their heads on making use of lots of speculations out from their own analysis which is something that much better to do so rather than
on price predicting or guessing using your own emotion and intuition.

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January 26, 2023, 06:58:05 PM
 #123

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.
Regardless of the position of cryptocurrency, it can be reduce it's price drastically or further improve. There is a common matter of risk. Those who can invest and understand these things will succeed. At present, a small pumping event has been visible at BTC market, which is why all the crypto markets are now active. At the moment there are more than 1 trillion transactions have been done. The current Bitcoin price is about 23000, according to the market situation Bitcoin price is still within the range and this time can be considered as a good time for investment. A slight price reduction after purchase is acceptable. Moreover, this is definitely a good time to buy if you have long-term investment preparations.
There's always only 3 days whether it would be going up, going down or going sideways.

There's no way that we would be able to precisely predict on where it would be going due to some factors or doesnt really been affected by anything at all on which it is really making much more harder on this point.
This is why people would really be banging up their heads on making use of lots of speculations out from their own analysis which is something that much better to do so rather than
on price predicting or guessing using your own emotion and intuition.

We can't accurately conclude that the price will go the direction that we are thinking as there are many factors that really affecting how the market is moving, we can say that news are affecting the situation, but it's tough to say since sometimes bad news creates quick dumped then whales will play and will buy those cheap coins to pump up.

You need to rely on your own understanding and not to follow any speculation without doing your own research. You need to make more confirmation before you jump to any conclusion for your trades.

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January 26, 2023, 08:36:00 PM
 #124

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.

For at least two weeks, Bitcoin has seen a good climb. It will soon surpass 23k fully. It is still dancing between 22k and 23k as of right now. It remains unstable. You need to purchase right now. Actually, you don't have a choice because if you don't, you will lose. The benefit of bitcoin is that, even if the price falls, you will still be okay as long as you hold on to your coins. Additionally, you will undoubtedly profit in the long run.

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January 26, 2023, 08:47:28 PM
 #125

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.

For at least two weeks, Bitcoin has seen a good climb. It will soon surpass 23k fully. It is still dancing between 22k and 23k as of right now. It remains unstable. You need to purchase right now. Actually, you don't have a choice because if you don't, you will lose. The benefit of bitcoin is that, even if the price falls, you will still be okay as long as you hold on to your coins. Additionally, you will undoubtedly profit in the long run.
This month is a good one since the beginning of the year and we have seen the bullish momentum Bitcoin exhibited few days agonwhich makes every other coins to take the bullish step. Some persons might see the bullish move as an opportunity to buy from the market which could be a good idea but we are still expecting the market to move more bullish to about $40k before the year of the year.
It is very certain that those that might have bought when Bitcoin was $16k would be in huge profits now. This is why is good for us to buy from the mark when the price of Bitcoin is going down. Those that keep buying and the real and potential buyers.









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January 26, 2023, 09:36:26 PM
 #126

For at least two weeks, Bitcoin has seen a good climb. It will soon surpass 23k fully. It is still dancing between 22k and 23k as of right now. It remains unstable. You need to purchase right now. Actually, you don't have a choice because if you don't, you will lose. The benefit of bitcoin is that, even if the price falls, you will still be okay as long as you hold on to your coins. Additionally, you will undoubtedly profit in the long run.
Yep. Bitcoin price is around $22k-$23k so far, today it already reached $23,5k. Looks like Bitcoin price is a bit stable now, it is unlikely to drop significantly again. So, I agree that it is a good time to buy some coins if you still want to add more coins to your wallets. However, I prefer to "see and wait", I assume there should be a dump in the near future. If I were you, I will wait for a dump to buy more.

Regarding profits, holding a long run is always good. But makes sure to choose the proper coins. Only choose the coins that have strong fundamentals and have a big community.


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January 26, 2023, 10:45:14 PM
 #127

Buy now and hold. If you buy now for tomorrow, the price will be double what it is today in terms of affordability. Buy now because no matter what happens, you know you are standing on the right side of history. If you approach your purchase with a long-term perspective, you will have no regrets. And you do not need to buy all at once - strategically invest some money daily, weekly, or monthly as you see fit.

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January 27, 2023, 03:25:21 PM
 #128

Not new to see why some altcoins are also moving high as it was affected by Bitcoin. That is why people are hoping that Bitcoin will pump as altcoins are there to follow as well - the real situation of the market. But if we still have the plan to invest now, I would say to better choose Bitcoin, not altcoins. If the rise continues until the end of this quarter, I could really think that we are leaving far from the bottom, probably we're not turning back below $20k until the next halving come.
Bitcoin is a priority, but if we have to diversify assets then the choice of altcoins in the top 10 cmc list will be better. Altcoins are only optional and Bitcoin is the main one for investment. The price of altcoins is indeed influenced by the movement of Bitcoin, but when Bitcoin Rally itself the altcoins cannot follow it.
Let's hope we don't see anything below $20k again, but if the market does change drastically, we need to have a backup plan and reserve cash for buybacks. The next Halving will be the much anticipated Halving.
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January 28, 2023, 03:55:55 AM
 #129

Buy now and hold. If you buy now for tomorrow, the price will be double what it is today in terms of affordability. Buy now because no matter what happens, you know you are standing on the right side of history. If you approach your purchase with a long-term perspective, you will have no regrets. And you do not need to buy all at once - strategically invest some money daily, weekly, or monthly as you see fit.
Buying and holding is one of the good start-up for newbies and also for experience traders, newbies might panic when things are not going as planned, but experience experts already knows how to go about everything, always having plan B will triggered and saved one from severe losses. Good entries results to gigantic profits in trading so getting one of the suitable entries in the market despite the bear season, I'm fully convinced that profits will be made without stress, there are several ways one can achieve this profits with good potential spots on the market. Long term investment on a project in the bear season do actually brings much profits, but it requires full-time patience before profits targets will hits.

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January 28, 2023, 11:43:28 AM
 #130

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.

I couldn't say that we are totally safe from investing in crypto as we can't assure of it but I would say that buying today still makes us profitable in the future. Actually, the result of our investment lies in our hands - the way we decide when to sell and the courage to hold until the next bull season.

The only thing I can say is to buy potential coins like Bitcoin, ETH, and BNB. Although we can't say that you are safe from having them, however, if you can manage to hold them and never touch them until the next Bullrun -  you really never be disappointed and I can assure you of a huge profit to get.

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January 28, 2023, 01:26:37 PM
 #131

Buy now and hold. If you buy now for tomorrow, the price will be double what it is today in terms of affordability. Buy now because no matter what happens, you know you are standing on the right side of history. If you approach your purchase with a long-term perspective, you will have no regrets. And you do not need to buy all at once - strategically invest some money daily, weekly, or monthly as you see fit.
Despite the price of bitcoin have gone high I don't think it is not right to still buy now, the price of bitcoin is still fair and affordable to buy. Based on past experience of the market price it is very certain that price of the market is going to a profitable amount.  It is still safe to bitcoin and hodl, no need to fear about it.

R


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January 28, 2023, 01:44:01 PM
 #132

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.


Bitcoin has gone up to $23k, and many people are making predictions bitcoin will continue to rise, I don't know if that will happen or not. But I can tell you that at the current price, it is still very good to buy bitcoin, the price is still very cheap if we compare its recent ATH. Assuming bitcoins don't go up as people predict, you don't need to worry because if bitcoins fall again and you won't lose as long as you don't sell them, you won't lose. But my advice, buy bitcoin and bitcoin only, and say no to altcoins.



.
.BIG WINNER!.
[15.00000000 BTC]


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January 28, 2023, 04:46:06 PM
 #133

I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

I know everyone will tell you to go for BTC, and I am no different. I will also suggest BTC. If you want to enjoy the true meaning of crypto then Bitcoin is the best choice. This goes for choosing the right coin. Now let's talk about risk.

Quote
Just a kind advice, the risk is mine.

Many newbies and pros also tend to enter the market when it's all green. But when it's red, they fear of losing more. They don't see the bigger picture. If it's red, it will be green again. The same goes for green markets. You can not predict the market's movement 100% accurately. There's always the chance of the market going the opposite direction. I have seen it happen many times.
And the recent market situation is very unstable. It could fall at any time or get a correction to get stable at a low point. If you are willing to invest right now, then you will have to take DCA seriously. That's how you can keep the value of your assets at a stable position.
The rest is up to you. Remember, bear market is not a bad thing. It's an opportunity.
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January 28, 2023, 05:50:18 PM
 #134

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.


Bitcoin has gone up to $23k, and many people are making predictions bitcoin will continue to rise, I don't know if that will happen or not. But I can tell you that at the current price, it is still very good to buy bitcoin, the price is still very cheap if we compare its recent ATH. Assuming bitcoins don't go up as people predict, you don't need to worry because if bitcoins fall again and you won't lose as long as you don't sell them, you won't lose. But my advice, buy bitcoin and bitcoin only, and say no to altcoins.
As long as you buy it for the long term, I don't think there is anything to worry about if you buy at the current price, but for the near term we don't know whether bitcoin will continue to increase or make a correction first. this is experienced by many people when bitcoin hits the price of $ 16k people tend to be afraid to buy it, but if there is an increase like now they are hesitant to buy it, therefore we must have personal analysis, don't just follow what people say

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January 28, 2023, 07:15:39 PM
 #135

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.


Bitcoin has gone up to $23k, and many people are making predictions bitcoin will continue to rise, I don't know if that will happen or not. But I can tell you that at the current price, it is still very good to buy bitcoin, the price is still very cheap if we compare its recent ATH. Assuming bitcoins don't go up as people predict, you don't need to worry because if bitcoins fall again and you won't lose as long as you don't sell them, you won't lose. But my advice, buy bitcoin and bitcoin only, and say no to altcoins.
As long as you buy it for the long term, I don't think there is anything to worry about if you buy at the current price, but for the near term we don't know whether bitcoin will continue to increase or make a correction first. this is experienced by many people when bitcoin hits the price of $ 16k people tend to be afraid to buy it, but if there is an increase like now they are hesitant to buy it, therefore we must have personal analysis, don't just follow what people say

Same reactions and only regrets will be similar after some time, traders should also need to be a risk taker, like what you have just said, if you bought your assets for long-term investment, there's nothing to worry as time will come and the strong bull will pump the market and will bring huge benefits to all those who patiently wait.

It's more on how you take your decision after doing all the research that you needed that will help you in completely understand the
investment that you are involved.

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January 29, 2023, 12:05:47 AM
 #136

I think that safe safe buying is not a way to say it, because the Bitcoin market is known to be very volatile, it would be irresponsible to say that the safest time to buy is now, because the market can go down without realizing it, so comparing it with another Market stage I think it is time to buy, I think that now we must make a sketch of what can happen in a while, around 2024 I already think that it could be above the $70k that was its last ATH, then these things are what must be taken into consideration to make the investment, in addition to the fact that the money invested in Bitcoin will never be a bad decision.

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January 29, 2023, 06:31:18 AM
Merited by Zilon (4), Ojima-ojo (3)
 #137

Despite the price of bitcoin have gone high I don't think it is not right to still buy now, the price of bitcoin is still fair and affordable to buy. Based on past experience of the market price it is very certain that price of the market is going to a profitable amount.  It is still safe to bitcoin and hodl, no need to fear about it.

This is just a fraction of what the bull market holds for Bitcoin, it rise is nothing compared to what is to come in the future so yes it's a good time to invest in Bitcoin. This is just the start of the year and investing by this time is a good measure of how profitability the year will be for you. The year started on a positive note so investors would be expecting the year to also end on a positive note.

Bitcoin Price could dump in the coming weeks as traders take their first profit of the year but that shouldn't scare you because it would recover before the first quarter of the year ends. The market is volatile only when you invest more than you can afford to lose so always stay on budget.

R


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January 29, 2023, 09:07:01 AM
 #138

I think that safe safe buying is not a way to say it, because the Bitcoin market is known to be very volatile, it would be irresponsible to say that the safest time to buy is now, because the market can go down without realizing it, so comparing it with another Market stage I think it is time to buy, I think that now we must make a sketch of what can happen in a while, around 2024 I already think that it could be above the $70k that was its last ATH, then these things are what must be taken into consideration to make the investment, in addition to the fact that the money invested in Bitcoin will never be a bad decision.


If you are a long term investor, then I think this is the perfect time to buy, even if bitcoin price drops again it's not too scary as long as you hold your bitcoin, you never lose because you also know bitcoin always recovers. But if you are afraid of bitcoin falling deeper but decide not to buy and bitcoin will not decrease but will increase, you will regret even more because you will buy at a higher price than the current price. Looking at the ATH bitcoin will reach during the next bull season, you can see that the current price is the best.

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January 29, 2023, 02:18:40 PM
 #139

I think that safe safe buying is not a way to say it, because the Bitcoin market is known to be very volatile, it would be irresponsible to say that the safest time to buy is now, because the market can go down without realizing it, so comparing it with another Market stage I think it is time to buy, I think that now we must make a sketch of what can happen in a while, around 2024 I already think that it could be above the $70k that was its last ATH, then these things are what must be taken into consideration to invest, in addition to the fact that the money invested in Bitcoin will never be a bad decision.


If you are a long-term investor, then I think this is the perfect time to buy, even if the bitcoin price drops again it's not too scary as long as you hold your bitcoin, you never lose because you also know bitcoin always recovers. But if you are afraid of bitcoin falling deeper but decide not to buy and bitcoin will not decrease but will increase, you will regret it even more because you will buy at a higher price than the current price. Looking at the ATH bitcoin will reach during the next bull season, you can see that the current price is the best.

If you didn't buy the last bearish price, you can still buy right now because the market is still trying to approach its recovery phase. It is not too late to buy especially if your goal is to hold for a long-term investment. It's still safe to buy and the opportunity to invest is still open for everyone. The bullish season isn't happening yet and it may still take time. It will only be unsafe to buy during the bull trend.
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January 29, 2023, 02:39:47 PM
 #140

Let's take into consideration that you a newbie and don't know what type of coin to buy. You asked this community for advice,first of all what is the name of this community, have you ever heard of any other crpytocurrency since 2009 till date that is still surviving ? Bitcoin is the best and most valuable crptocurrency that can save you from assest depreciation if you can invest for a long term one, other altcoins might not be able to survive in the long run,which will lead to their crashing. You can buy btc anytime,it is not by red or  green signal in the market that should decided your purchase,because sometimes those color doesn't mean anything about the price. Moreover,are you going into trading ? If not then btc can be  bought anytime,bull or bear market
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