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Author Topic: The best time to buy bitcoin.  (Read 949 times)
Ben Barubal
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March 07, 2023, 03:09:20 PM
 #101

    If there is a good opportunity to buy bitcoin, well if you look at its value now you can say that we should take advantage to buy now before everyone is caught and we will regret it in the end then just hold.

   And If I had enough money to buy bitcoin, I would really buy a lot of it, so of course you should only buy the amount you can afford, don't use the budget for your family, you will use it just to buy bitcoin of course not like that.

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March 07, 2023, 03:14:20 PM
 #102

Naturally, when a buyer makes a decision to purchase Bitcoin, that is the right time for him. Because Bitcoin has gained worldwide acceptance. People's interest in it is increasing tremendously. Since it is volatile, investing by understanding its ups and downs can be very profitable. As such, the current price of Bitcoin is $22300. This period can be called a dip price for Bitcoin because the market will turn bullish again any time. Then there may be no buying opportunity for some investors from this dip. So it is the proper time to invest in Bitcoin.

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March 07, 2023, 03:40:02 PM
 #103

in my opinion the best time to buy now is when it's early 2024 or the end of this year but maybe some people have their own thoughts, this is just my prediction but other factors may also influence bitcoin price like world economy, fed rates and others.

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March 07, 2023, 03:46:07 PM
 #104

There is no such thing as best time. I'm more by saying best way to buy BTC. I think separating small amount every month to invest in BTC is best thing you can do.
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March 07, 2023, 04:27:17 PM
 #105

Investing in Bitcoin in this bear market will yield good profits. The current position of the market suggests that the market is down for a short period of time. But later on, the Bitcoin market will grow again like a bull market. So investing in Bitcoin now is risk free and buy and hold Bitcoin for long term. If you buy and hold bitcoin right now, you will see the value of bitcoin increase in 2024.

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March 07, 2023, 05:02:38 PM
 #106

There is no such thing as best time. I'm more by saying best way to buy BTC. I think separating small amount every month to invest in BTC is best thing you can do.
The best time is when you want to buy it, that's the best time for you and anyone else.
But about the best way, I think you should consider a strategy to do it. Analysis is needed at this point, then you will definitely know when to buy.

One of the best known strategies is buy on dip, it seems to help traders or investors to accumulate bitcoins at lower prices. This is just one buy strategy, but of course there are many others to try but you probably already know them.

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March 07, 2023, 08:07:17 PM
 #107

It was two weeks ago I invested  into bitcoin an that was my first time in investing I want to know was that time a good one, and which wallet's is the best to save our coins as a beginner I want to know.

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March 12, 2023, 12:37:50 AM
 #108

buying bitcoin at too high a price will not bring great profit, and your holding period will last longer than others. I think the perfect time to buy bitcoin is when we're in bear season, such as now is a great time to buy bitcoin, as long as the price is still below the old ATH, then it is always time to buy it. But when entering the bull season and bitcoin surpasses the old ATH, it is not a good idea to buy bitcoin, wait for bitcoin to correct for a good price.
As long as you can be able to HODL it for the long term, why not? You can always buy even at $500k per BTC and sell it when it hit $600k to earn a $100k profit. We should not ever compare ourselves with others. Just let them sold their coins early but I doubt they are earning nicely if they do that. Only those who have the patience to hold a little longer are the ones who can earn massive profits here in Bitcoin.

The bear season is now ending and many are actually attracted to buy a Bitcoin this time. These people didn't buy at the actual bear market because they are scared that the price will fall more and they are also lazy to HODL it for a much longer time.

I have always said that if a person can buy bitcoin right now it is the best investment of their life, and few people believe that, it doesn't matter that bitcoin is at $20k-$23k-$25k, why? because it is at a lower price than its last ATH, and that is already a smart purchase, of course the volatility has been going on for a long time, it can lower the price of BTC but still the person has to have his conviction that it is the investment of the future, I am sure that the next ath will be around $150k and it is not an exaggeration, but it can go from there, bitcoin ATHs are always very good.

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March 12, 2023, 08:27:02 AM
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 #109

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.

Whenever you feel like buying Bitcoin just buy and hold, you shouldn't be investing in Bitcoin for the future and not because you want to get rich in the  next week or month. Bitcoin investing should be done because you want to have a sure source of wealth in the next 5, 10 or 50 years to come. Bitcoin is profitable when the investment are long term and not short term.

As a investor you shouldn't be bothered much about the daily price movements of Bitcoin. If you pay attention to the market too much you will be very discourage as the market will always look like it's about to dump. Just buy whenever you have the money available and take your mind off the market.

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March 12, 2023, 09:08:48 AM
 #110

Whenever you feel like buying Bitcoin just buy and hold, you shouldn't be investing in Bitcoin for the future and not because you want to get rich in the  next week or month. Bitcoin investing should be done because you want to have a sure source of wealth in the next 5, 10 or 50 years to come. Bitcoin is profitable when the investment are long term and not short term.

As a investor you shouldn't be bothered much about the daily price movements of Bitcoin. If you pay attention to the market too much you will be very discourage as the market will always look like it's about to dump. Just buy whenever you have the money available and take your mind off the market.
Yes, but there are times when it is better to buy, and there are periods when it is better to refrain from buying. Will you buy bitcoin when we get close to ATH again?

I don't think it would be the best decision, but buying now is a very good time, as long as we're near the bottom, it's always a good time to buy. No one knows how long we will be in this zone and whether the fall will continue, but even if it continues, it will only be more profitable to buy.
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March 12, 2023, 11:04:54 AM
 #111

See if you are planning to hold it for long term then every time is best time to invest in Bitcoin as growth chances are high giving you profits in the long term period but if you are looking it for trading purpose then you need to have all the trading knowledge and guidance for it but for me just hold it for say 4-5 years with DCA also if you can and this time will be also best.
Right your are. investing in bitcoin doesn’t require any specific time. Investing in Bitcoin is always good.  But everyone needs patience because without patience no one will ever be able to hold Bitcoin for long time. And without long term hold no one can get good profit from crypto be it bitcoin or any other coins. No matter how big the Bitcoin price correction is, it creates a new ATH again.  We saw ATH of 2017 and after that btc came down to 3.2K but again it made ATH at 68K. Bitcoin is currently at 20k but it will make a new ATH again maybe around 100k. So it is a high opportunity for everyone to buy and hold Bitcoin. and it is always better to invest in Bitcoin on dip



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March 12, 2023, 11:08:14 AM
 #112

As one influential market trader once said "be greedy when others are fearful, and be fearful when others are greedy". Since most persons lose money when they speculate on very volatile assets, it is sometimes much more profitable to hold a contrarian view when it comes to buying any asset
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March 12, 2023, 01:35:30 PM
 #113

    If there is a good opportunity to buy bitcoin, well if you look at its value now you can say that we should take advantage to buy now before everyone is caught and we will regret it in the end then just hold.

   And If I had enough money to buy bitcoin, I would really buy a lot of it, so of course you should only buy the amount you can afford, don't use the budget for your family, you will use it just to buy bitcoin of course not like that.

I guess Bitcoin has already hit its floor, which means we might see a stable price from here onwards. Honestly, I believe that $20k is still a fair price to buy. It's a very cheap price compared to its all-time high. Based on the price trends, when a bull market comes, a new all-time high (ATH) is created. So, if the price is currently at $20k, it might likely increase to at least 5 times that amount, which means a good profit opportunity.

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March 12, 2023, 05:07:28 PM
 #114

my plan is to buy in the deep, which is maybe down in the end of the year, then i can accumulate buy from that.
then you just to wait reach ath in 2024 and more gain from 2025, but sometime, it will not repeat as many people say, history will repeat it self.


It's important to remember that investing in the stock market comes with inherent risks, and trying to time the market can be a risky strategy. While buying on a dip can potentially result in buying a stock at a lower price, there is no guarantee that the market will reach its all-time high in a given time frame. It is also important to keep in mind that past performance is not necessarily indicative of future results. While historical trends and patterns can provide insight into market behavior, there are always unpredictable factors that can affect the market.
Ultimately, the best investment strategy is one that fits your individual financial goals, risk tolerance, and time horizon. Diversification and a long-term perspective are often considered key components of a successful investment strategy. It's also a good idea to consult with a financial advisor or professional to make sure your investment plan fits your goals and circumstances.

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March 19, 2023, 01:20:20 PM
 #115

my plan is to buy in the deep, which is maybe down in the end of the year, then i can accumulate buy from that.
then you just to wait reach ath in 2024 and more gain from 2025, but sometime, it will not repeat as many people say, history will repeat it self.

That plan is not bad, although I really think that bitocin is going to rise here and there will be a new ATH in 2024, 2025 maybe too, but it is more feasible in 2024, taking into consideration all the fundamentals that exist, it can be predicted that there are many things to take into account, the war with Russia and Ukraine is something that is coming, and there is the long-term war, and that is something that produces uncertainty for investors, it is difficult for them to decide to invest a lot of money , just as we think, however the last atj was $70k, the next ATH may reach $200k and I am exaggerating, it is very possible that it will happen.

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March 21, 2023, 03:10:25 PM
 #116

I guess Bitcoin has already hit its floor, which means we might see a stable price from here onwards. Honestly, I believe that $20k is still a fair price to buy. It's a very cheap price compared to its all-time high. Based on the price trends, when a bull market comes, a new all-time high (ATH) is created. So, if the price is currently at $20k, it might likely increase to at least 5 times that amount, which means a good profit opportunity.
It is crossing 28k USD soon and hence if you bought at 20k bottom you did a good job, if you did not, then better luck next time. Tongue

Like I always say, there is not best time for buying, but whatever is going down should be bought at intervals and not just watched to fall. These chances are few and should be seized without fail.

All time high is far from here, so one should continue to accumulate and keep selling out of the question. When the prices reach highs again we can think of selling, unless you are in some emergency.

R


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March 21, 2023, 08:12:11 PM
 #117

The only question is when will it happen?
Nobody knows for sure! If someone could accurately predict market trends like this and on your way then i think Bernard Arnault would lose the spot as the richest person in the world and retreat tothe second place. The fact is that many people thought Bitcoin wouldn't surpas $25k in 2023 and would remain in a bearish trend but as we can see from the chart and current price now that prediction was wrong and against expectations.
While I may not necessarily agree with your perspective, I do understand the importance of analyzing the market and considering different viewpoints. If you believe that Bitcoin will continue to rise then it makes sense for you to work with what you believe. Personally I try to save Bitcoin whenever I can.

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March 22, 2023, 04:36:40 AM
 #118

The best time to buy bitcoin is during the time when its value can only buy pizza, during that time btc is very low price and very affordable, if only we know that bitcoin will rise up to 60k$ then we will buy a lot of bitcoin that time, but it is not that simple because we don't know the future of btc, i think the best time to invest is today but set a limit or invest a money that you can't afford to loss.

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March 28, 2023, 02:18:48 PM
 #119

The best time to buy bitcoin is during the time when its value can only buy pizza, during that time btc is very low price and very affordable, if only we know that bitcoin will rise up to 60k$ then we will buy a lot of bitcoin that time, but it is not that simple because we don't know the future of btc, i think the best time to invest is today but set a limit or invest a money that you can't afford to loss.
Can only buy pizza? I would rather keep those pizza things out because it puts in a wrong emotional flavor to trading, something we should avoid. The best times to buy like I said, at the lows. But newbies make the mistake of buying at the top, one of the reasons for this is when prices rise the common instinct is to follow the herd and thus the mistake, same goes with drops, because everyone is bearish, people sell at the low and end up in a net loss.

This can only be corrected if you watch the market with dummy trading over years.

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March 28, 2023, 02:37:48 PM
 #120

Hello crypto bros, today I want to share my thoughts on when it will be the best time to buy bitcoin. Don't get me wrong, I'm not saying that you shouldn't buy bitcoin right now, DCA is still the best tactic. 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. I'll start by saying that yes, I think we are still in the bear market and it's obvious that the economy is still suffering. And it's not a secret that bitcoin still didn't decouple from the NASDAQ so we should understand that if the economy goes down => bonds go down => bitcoin goes down too. So we still might see some down movements and maybe we will even see a new button because statistically something always breaks down after fed pivot.
So we can safely say that we will see a true bull run only when the economy will start recovering, but it can't happen until rates will start going down. That's why right now I think that we all should wait for the one single indicator: lowering of the rates. Bitcoin won't go up mediately, but it will mean that economy will start recovering => more money will go to the assets => and bitcoin and bonds will go up.
The only question is when will it happen? Well, if we look at how fast inflation is going down, I can assume that it will probably go down to the expected 3-4% in the Q4 of 2023. So I'm not expecting a bull run until 2024.
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

In the histiry of bitcoin, there is never best time to buy bitcoin but a trader should not attempt to buy bitcoin when the price has broken all time high because that time is when you find it hard to predict the next move of bitcoin, though DCA is idealy okay and you can do that anytime you have money as long as new all time has not been broken, you will always have the opportunity to gain something in profits but it will also be more better if you diversify your portfolio just in case because there are other coins that can over perform bitcoi and you don't want to miss the opportuniy.

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