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Author Topic: The best time to buy bitcoin.  (Read 1024 times)
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February 06, 2023, 01:41:04 PM
 #41


Besides, it was not really hard to analyze the market trend if we are willing to learn. Because many people had bought Bitcoin without understanding the market that is why they easily got panic and sell their Bitcoin is a losing price. I'm not this will never happen to a person that is certain of his/her goal - 'to earn a profit". FUDs are a big factor that could affect our decisions, most of the time this is the reason why we lose as it triggers our emotions.
Nothing will lose from investing in Bitcoin if we know how to manage ourselves and knows our goal.
This is one of the mistakes of selling too early. If someone was buying at 16k - 18k and is now selling to lock in some profit, that would be a mistake, because in the long run this investment could bring a much larger profit.

Also, to expect that the price will fall now and it will be possible to buy even more bitcoin, this is too risky speculation, which can deprive you simply without bitcoin, or you will have to buy later but at a higher price.

Now is not the time to take such risks with your investments, now is the time to be patient and not sell too early so that you do not regret it in the future.
Of course, the situation where Bitcoin will now cross the $20K to $25K range, should not be sold to get some profit in Bitcoin if the goal is to get a big profit from it. As it is well known that Bitcoin will be highly bullish in the coming days. This may be the last bearish trend of the next bullish market. There are many investors who may not be able to collect Bitcoin if it turns bullish. Thinking about it from that perspective, it is not good time to sell bitcoin.

Almost everyone knows about Bitcoin all time high price. Last Bitcoin ATH was around $70K. Next Bitcoin ATH May Be $100K. Even though it was assumed in 2021 but every time Bitcoin has been bullish and increased up to about 3x from this previous ATH. So the next Bullrun will naturally bring big changes in the Bitcoin price.

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February 06, 2023, 06:24:01 PM
Merited by fillippone (2)
 #42


Besides, it was not really hard to analyze the market trend if we are willing to learn. Because many people had bought Bitcoin without understanding the market that is why they easily got panic and sell their Bitcoin is a losing price. I'm not this will never happen to a person that is certain of his/her goal - 'to earn a profit". FUDs are a big factor that could affect our decisions, most of the time this is the reason why we lose as it triggers our emotions.
Nothing will lose from investing in Bitcoin if we know how to manage ourselves and knows our goal.
This is one of the mistakes of selling too early. If someone was buying at 16k - 18k and is now selling to lock in some profit, that would be a mistake, because in the long run this investment could bring a much larger profit.

Also, to expect that the price will fall now and it will be possible to buy even more bitcoin, this is too risky speculation, which can deprive you simply without bitcoin, or you will have to buy later but at a higher price.

Now is not the time to take such risks with your investments, now is the time to be patient and not sell too early so that you do not regret it in the future.
Of course, the situation where Bitcoin will now cross the $20K to $25K range, should not be sold to get some profit in Bitcoin if the goal is to get a big profit from it. As it is well known that Bitcoin will be highly bullish in the coming days. This may be the last bearish trend of the next bullish market. There are many investors who may not be able to collect Bitcoin if it turns bullish. Thinking about it from that perspective, it is not good time to sell bitcoin.

Almost everyone knows about Bitcoin all time high price. Last Bitcoin ATH was around $70K. Next Bitcoin ATH May Be $100K. Even though it was assumed in 2021 but every time Bitcoin has been bullish and increased up to about 3x from this previous ATH. So the next Bullrun will naturally bring big changes in the Bitcoin price.

I'm expecting that the upcoming bull run might happen before the year-end. As of the market today the retracement might go down below $22k or the huge support is around $20.4k. We can't really expect when will BTC will go depending and it's a battle of bull and bear.

BTC charts are still bullish and I am also expecting that price could reach $100k in no time.
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February 06, 2023, 06:34:47 PM
 #43

Hello crypto bros, today I want to share my thoughts on when it will be the best time to buy bitcoin...
...But again, I don't want you all to be bearish on bitcoin or selling it. For most people, DCA is enough to survive this crypto winter, but if you want to invest a lot of money in bitcoin, then I think it's better to wait until the signal we talked about.
BTCBTCBTCBTC

I have the same thoughts about the nearest exchange rate and buy signals. The world is clearly in something of a depression right now - history is spiraling and now we are at the bottom. This is a necessary time, and it needs to be waited out. And like any time like this - it is great for buying cryptocurrencies, in particular Bitcoin.

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February 06, 2023, 07:19:13 PM
 #44

I'm expecting that the upcoming bull run might happen before the year-end.
You have to look the chart carefully if you want to make a guess, and I'm not sure if you mean the year-end of 2023 or 2024 because in the previous bull run. It did occur before the year-end but it did happen after the Bitcoin halving.

BTC charts are still bullish and I am also expecting that price could reach $100k in no time.
Sure $100k is just around the corner but I don't think it's going to happen in the next bull run but who knows? Their speculation might come true in 2025 or nah we might get surprised if the ATH is beyond with our imagination. Tongue

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February 06, 2023, 07:54:09 PM
 #45

But it's still good to know WHEN it will be the best time to safely invest money in bitcoin and be sure that it will probably go up from now on. But I won't be bothering you with TA analysis (that is probably wrong) and strange predictions, today we will just look at the facts.
TA analysis is never a wrong or strange market prediction either you don't understand how it was used or its benefits.

we should understand that if the economy goes down => bonds go down => bitcoin goes down too.
Not in every situation, remember during the total lockdown in 2021. The economy goes down and the bonds while Bitcoin were seen as an option in the market.

That's why right now I think that we all should wait for the one single indicator
We will be surprised and wish you didn't wait for the single indicator to happen because the crypto market appears to have. The previous bullish price that lead to the ATH of Bitcoin happened when we least expect it, and so is the bear and again the slightly bullish price happens when we don't expect it. Technically the change is the market is constant and judging the market's next trend using a previous strategy can fail you.

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February 06, 2023, 09:24:19 PM
 #46

Always the best time is when people doubt the current mrket situation such as the price going down, and they are still hoping to get more dip is an excellent opportunity to buy, and also when people see the market is crashing. They doubt if they will keep accumulating bitcoin and always grab the chance. It's an all-or-never task thing to do.

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February 06, 2023, 10:44:41 PM
 #47

Always the best time is when people doubt the current mrket situation such as the price going down, and they are still hoping to get more dip is an excellent opportunity to buy, and also when people see the market is crashing. They doubt if they will keep accumulating bitcoin and always grab the chance. It's an all-or-never task thing to do.
The best time would be;

1.Everything is red
2.Everyone is on fear and freaking out
3.We are seeing fuds everywhere
4. Everything is negative
5. When there's blood on the streets (not literally)  Cheesy

Thing here is that you do really make yourself not that confident on taking such action.Why? because we are really that afraid on doing so
because we do know that the price might even go way lower on the time that we had bought and this is the big hindrance.

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February 07, 2023, 11:17:07 AM
 #48

The best time would be;

1.Everything is red
2.Everyone is on fear and freaking out
3.We are seeing fuds everywhere
4. Everything is negative
5. When there's blood on the streets (not literally)  Cheesy

Which actually, if you think about it, is 80% of the time in crypto lol. Which actually also makes the longterm DCA strategy accurate in this measure, and the best strategy of all.

If you are buying all the time, you ensure you are buying 80% of times when everything is red and low. And only 20% in the time markets is green and everyone is positive.

Agree, agree, agree!

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February 07, 2023, 06:28:22 PM
 #49

The best time would be;

1.Everything is red
2.Everyone is on fear and freaking out
3.We are seeing fuds everywhere
4. Everything is negative
5. When there's blood on the streets (not literally)  Cheesy
Which actually, if you think about it, is 80% of the time in crypto lol. Which actually also makes the longterm DCA strategy accurate in this measure, and the best strategy of all.

If you are buying all the time, you ensure you are buying 80% of times when everything is red and low. And only 20% in the time markets is green and everyone is positive.

Agree, agree, agree!
Lol, that's basically what I did with the recent drop. All through 2022 I bought bitcoin whenever I had the money for it, of course I had to cash out some and spend something etc etc, but basically my idea and mindset was similar to this. Everyone was afraid that it's going down, and yeah, it dropped more after I bought on early 2022, but by the end I was just collecting free cash if you ask me.

Right now I am already in profit, and I will probably in more profit by the end of the year as well. All I had to do was look at the market and how much people were afraid, when they are afraid then I am happy and buying, because I know that means it's doing badly, and the only way to go is up.

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February 07, 2023, 08:21:09 PM
 #50


Which actually, if you think about it, is 80% of the time in crypto lol. Which actually also makes the longterm DCA strategy accurate in this measure, and the best strategy of all.

If you are buying all the time, you ensure you are buying 80% of times when everything is red and low. And only 20% in the time markets is green and everyone is positive.

Agree, agree, agree!
This is a normal movement of cycles, we spend a lot of time in accumulation zones, periodically falling, or we see insignificant pumps, but in general, we spend most of the bear market at the bottom.

This is a good time for me, I see this as an opportunity and when grouth started I even thought that it would not be bad if we put a movement on the bottom for some more time so that I had more opportunities to buy more bitcoin. But I’ll probably always think this way whenever growth starts, so if a bull market starts now, then that’s great, because the green market is positive, which we really lack now.

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February 07, 2023, 11:55:44 PM
 #51

There is no best time to buy and accumulate Bitcoin because you might be waiting for the market to balance or come down and not knowing that the market price is heading to a bullish trend.

 Even the good traders with there analysis also makes mistake that is why they say the market is not your friend but trend is what makes us friend. If you are good I'm following trend you might not have a big problem about the market but the issue may arise from when the market cahnges direction. If the direction continues, you might not know what exactly the position the market is going to take.

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February 08, 2023, 07:48:46 AM
 #52


Lol, that's basically what I did with the recent drop. All through 2022 I bought bitcoin whenever I had the money for it, of course I had to cash out some and spend something etc etc, but basically my idea and mindset was similar to this. Everyone was afraid that it's going down, and yeah, it dropped more after I bought on early 2022, but by the end I was just collecting free cash if you ask me.
2022 was a bloody year. This year 2022 has brought a good time for investors to invest. Those who jumped into investing without fear of the bloody state of the market in 2022 have seen success today. A lot of people didn't invest here out of fear today they are starting to regret it. To gain anything in life one must take risks. If you don't take risks, you will never see success.

Right now I am already in profit, and I will probably in more profit by the end of the year as well. All I had to do was look at the market and how much people were afraid, when they are afraid then I am happy and buying, because I know that means it's doing badly, and the only way to go is up.
You took risks in the investment that led to success today. You continued to invest fearlessly during the market dumping due to which your investment started to gain as the market rose a bit. I would say hold your investment if you can hold the investment for a long time surely you can earn huge amount of profit.
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February 08, 2023, 01:38:53 PM
 #53

I buy Bitcoin gradually when I have money and want to add to the Bitcoin that I have. I do hold Bitcoin for the long term, and I don't do much to set a buy price. when the price drops I will buy it. somehow I always think lightly when I want to invest in Bitcoin. I feel a different kind of pressure when I want to hold altcoins.
I think Bitcoin is a buy and hold when its value drops. Buying and holding Bitcoin for a long period of time can certainly earn good profits. But I invested Bitcoin few days ago and I want to hold it for long time. Investing in elot coin seems ricks to me so better to diverge to bitcoin.

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February 08, 2023, 01:42:50 PM
 #54

There is no best time to buy and accumulate Bitcoin because you might be waiting for the market to balance or come down and not knowing that the market price is heading to a bullish trend.
We can't predict the market situation but I would say that buying Bitcoin during the price correction is the best time. It is not necessary to wait for the bottom price but at least buying them at a low price seems to be a good idea.
Quote
Even the good traders with there analysis also makes mistake that is why they say the market is not your friend but trend is what makes us friend. If you are good I'm following trend you might not have a big problem about the market but the issue may arise from when the market cahnges direction. If the direction continues, you might not know what exactly the position the market is going to take.
The mistake is very common but not a thing we have to worry about because we are not perfect and the volatility of the market makes us hard as well to be at least close to right.
Investing is not a hard thing to do if we are sure about it. As long as we are buying low and knows how to hold until the price increase, we could really make a profit from this.

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February 08, 2023, 03:29:45 PM
 #55

2022 was a bloody year. This year 2022 has brought a good time for investors to invest. Those who jumped into investing without fear of the bloody state of the market in 2022 have seen success today. A lot of people didn't invest here out of fear today they are starting to regret it. To gain anything in life one must take risks. If you don't take risks, you will never see success.
Around middle year in 2021 until 2022 become bloody year for Bitcoin because drop under $16,000 ever Bitcoin make new all time high price around $67,000 above at the beginning 2021. Investor start reinvesting during bloody year will earn profit right now after Bitcoin reached back to $23,000 and almost close until $24,0000.

Best time investing in Bitcoin depending with each mindset because several investor keep believing with their potential Bitcoin will back to higher price again, but several investor have bad mindset and worry for investing when Bitcoin still in bloody year and prefer waiting until Bitcoin reached higher and stable price for buying back.

 
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February 08, 2023, 03:55:36 PM
 #56

This is an interesting viewpoint. Right now, I think everyone should just have some sort of plan for the market because we are still very much in the bear market. There is a possibility or speculation that prices may drop to $18k or shoot higher than $22k. Whatever the case maybe, your next move is dependent on what position you think the market is in.

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February 09, 2023, 03:02:08 PM
 #57

I think there is a great opportunity to profit by buying bitcoins in this market. Because the market is going up regularly now.  So if Bitcoin can be purchased during this time then after a few days it will be seen that a good profit has been achieved from here. So for those who can afford to buy and hold bitcoins and those who were looking for a good time to buy bitcoins to make a profit I think this is the best time. You will get good profit in future.

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February 09, 2023, 08:19:23 PM
 #58

This is an interesting viewpoint. Right now, I think everyone should just have some sort of plan for the market because we are still very much in the bear market. There is a possibility or speculation that prices may drop to $18k or shoot higher than $22k. Whatever the case maybe, your next move is dependent on what position you think the market is in.
I do not agree that we are in the bear market, just because we are far away from the ATH price doesn't mean that we are in the bear market, it means that we WERE in the bear market and that drop happened but right now we are not dropping further.

Bear market means the price is dropping, and are we dropping right now? I mean we just moved from 16k or so levels to as high as 24k levels, should we consider that the bull market as well? I believe that we are in a semi-stable position right now, not bear and not bull but people should be buying as of right now considering we are still pretty far away from where we can be, and that matters because we have potential to go up a lot more.

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February 09, 2023, 08:28:00 PM
 #59

This is an interesting viewpoint. Right now, I think everyone should just have some sort of plan for the market because we are still very much in the bear market. There is a possibility or speculation that prices may drop to $18k or shoot higher than $22k. Whatever the case maybe, your next move is dependent on what position you think the market is in.
I do not agree that we are in the bear market, just because we are far away from the ATH price doesn't mean that we are in the bear market, it means that we WERE in the bear market and that drop happened but right now we are not dropping further.

Bear market means the price is dropping, and are we dropping right now? I mean we just moved from 16k or so levels to as high as 24k levels, should we consider that the bull market as well? I believe that we are in a semi-stable position right now, not bear and not bull but people should be buying as of right now considering we are still pretty far away from where we can be, and that matters because we have potential to go up a lot more.
When the market price drops specially with Bitcoin then everyone would really be having thoughts that it might a bear market but we know that price volatility is the main reason.There's no way we could be able to determine on where it would be going.We could only say that it is already bear market is on the time that we do see that price is really having that huge drop.Now we are currently seeing bitcoins price is going down.
There's no bottom could be determined but i do presume it would go below 20k once again.We cant really be that so positive that we could easily reach out nor break that 25k resistance which
the price had been trying to do so.

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February 09, 2023, 08:58:28 PM
 #60

I'm quoting CoinGecko on the current state of the market:

Quote
Bitcoin (BTC) price has declined today.
The price of Bitcoin (BTC) is $22,075.62 today with a 24-hour trading volume of $47,236,804,869. This represents a -3.626662540428759% price decline in the last 24 hours and a -6.952731441247936% price decline in the past 7 days. With a circulating supply of 19 Million BTC, Bitcoin is valued at a market cap of $424,394,920,356.

I'm really struggling to come up with a reason why the bitcoin price is correcting today. Almost all altcoins have also experienced corrections that have seen which causes its market capitalization to decrease by more than 3% in the last 24 hours. But at the same time, investors can take this as a good moment to get bitcoin in low price, it has broken from $22K today.

Buying on dips can be a good strategy during a correction, so I think a lot of people are taking advantage of them today. But to be honest I don't expect $20K over February, it should still be above $22K.

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