Buying cheap is best formula

[Baofeng]

~snip~
We always want to buy cheaper and sell more expensive, as OP advises. In practice, it is difficult to guess with this and it is unreasonable to expect the best price for buying and selling. As for me, this is how you should buy at the first opportunity that has fallen out and, in the same way, sell if it makes a profit. You need to proceed from your expectations, goals and strategy.

I see Bitcoin more of a great savings account.

The more you wait to use your funds, the better value you'll get. Just keep saving all the time until you need it.

If you did the same with fiat, say in Argentina, after 10 or so years you literally would have 1% of the purchasing power.

Yeah, more of a store of value. And it's about the timing of getting in, we have been blessed so many times, specially for none early birds to purchase when the price is cheap at $4k during the pandemic. And it could be the same fate around November last year when the price is $15,500. So we must say that they have the same similarities now and we might not see that price range to buy in the future. So it's really up to us to take advantage when the price is very cheap as it might not present itself and that opportunity is gone for good. It doesn't mean that you will need to buy 1 BTC because for the majority of us, it's impossible. What we need to or learn is to slowly save and continue to stack sats as many as we can throughout our bitcoin journey.

[AmoreJaz]

I don't really understand people sometimes. You always wanted to buy when it's cheap, when was the last time it was cheap? As far as I can remember when I first learned about investments few years ago, that is the first thing they told me which is to buy when the price dips down, and how far the price went since the first person told me that? If I were to say, there is no correct or exact timing when will the price go down so you could restock or buy the dip.

Better to buy whenever you have extra money rather than regretting not buying earlier.

It was cheap when you didn't know about investing in bitcoin. Here's an ironic paradox.

We always want to buy cheaper and sell more expensive, as OP advises. In practice, it is difficult to guess with this and it is unreasonable to expect the best price for buying and selling. As for me, this is how you should buy at the first opportunity that has fallen out and, in the same way, sell if it makes a profit. You need to proceed from your expectations, goals and strategy.

you will only rely your instincts on this matter. as no one can precisely predict the future, you will only base your decision from its history. you can also get insights on various threads of discussions but it doesn't mean, you need to follow them, but will give you enlightenment on certain matters.
also, buying cheap may be true to btc, but when it comes to other alts, you will likely be screwed as most of them will continuously to go down without the hope of reviving their market price. but when you buy btc, you should also make sure that it is not your last money as you may end up selling it below your buying price if you have urgent needs.

[seoincorporation]

Buy cheap is the right way to profit, but we need to make from the time our friend, because if we want to make a lot of profit in a couple of days that will not happen, If we buy today maybe tomorrow will not be cheap, but if we see in 10 years for sure we would say "$27.7k was cheap as hell".

The cheap factors come with longer periods of time, and patience is the key to success in any investment, not only in crypto.

If I ask to you, is $27k cheap? the answer should be in function of the time.

[landheer]

buying bitcoin at a cheap price is the best formula, and now the price of bitcoin is starting to slowly fall and now is the right time to buy bitcoin, and it would be even better to use the dca system in every purchase.

and you op said in 3 months said btc price will be 2 times.
Do you have proof ?

[EarnOnVictor]

I don't really understand people sometimes. You always wanted to buy when it's cheap, when was the last time it was cheap? As far as I can remember when I first learned about investments few years ago, that is the first thing they told me which is to buy when the price dips down, and how far the price went since the first person told me that? If I were to say, there is no correct or exact timing when will the price go down so you could restock or buy the dip.

Better to buy whenever you have extra money rather than regretting not buying earlier.

It was cheap when you didn't know about investing in bitcoin. Here's an ironic paradox.

We always want to buy cheaper and sell more expensive, as OP advises. In practice, it is difficult to guess with this and it is unreasonable to expect the best price for buying and selling. As for me, this is how you should buy at the first opportunity that has fallen out and, in the same way, sell if it makes a profit. You need to proceed from your expectations, goals and strategy.

you will only rely your instincts on this matter. as no one can precisely predict the future, you will only base your decision from its history. you can also get insights on various threads of discussions but it doesn't mean, you need to follow them, but will give you enlightenment on certain matters.
also, buying cheap may be true to btc, but when it comes to other alts, you will likely be screwed as most of them will continuously to go down without the hope of reviving their market price. but when you buy btc, you should also make sure that it is not your last money as you may end up selling it below your buying price if you have urgent needs.

Frankly, being a good speculator and knowing the market psychology are the best approaches to knowing the right time to invest and devest in Bitcoin. If you are such that would want to hold the coin, it's so good to be patient and invest at lower prices, just like the time it was at about $16K this year.  Above all, ensure that you know how to read the high technical charts with good indicators and other combined strategies. These are the way that the medium and long-term trends would be revealed, and the investor would have a rest of mind in holding their positions.

[Marshall Chord]

Based on how the market is going right now, investing in Bitcoin could be a good idea.

[LastKiss]

buying bitcoin at a cheap price is the best formula, and now the price of bitcoin is starting to slowly fall and now is the right time to buy bitcoin, and it would be even better to use the dca system in every purchase.

and you op said in 3 months said btc price will be 2 times.
Do you have proof ?

Its more like a little correction I guess before another pump, many people are aware of recent news so they won't hurry to put their money in Bitcoin. I guess the reason why Bitcoin will double the price in 3 months is because The FED will be slowing its interest rate hike in the upcoming months.

[Godday]

This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

I can't say it will always happen in the same period every year.  The price has doubled because back then the price of BTC was not as high as it is today.  Going from $1,000 to $2,000 is reasonable.  Going from $25,000 to $50,000 is a tall order and nearly impossible in three months.  I need a good reason why btc can double.  Or maybe I don't see the current market development?  But one thing I have known is, the trading market is unpredictable.  Everything can happen as a result of manipulation.  And what we can do in between is speculate based on history, not take patterns from history.

[speedy963]

I don't really understand people sometimes. You always wanted to buy when it's cheap, when was the last time it was cheap? As far as I can remember when I first learned about investments few years ago, that is the first thing they told me which is to buy when the price dips down, and how far the price went since the first person told me that? If I were to say, there is no correct or exact timing when will the price go down so you could restock or buy the dip.

Better to buy whenever you have extra money rather than regretting not buying earlier.

It was cheap when you didn't know about investing in bitcoin. Here's an ironic paradox.

We always want to buy cheaper and sell more expensive, as OP advises. In practice, it is difficult to guess with this and it is unreasonable to expect the best price for buying and selling. As for me, this is how you should buy at the first opportunity that has fallen out and, in the same way, sell if it makes a profit. You need to proceed from your expectations, goals and strategy.

you will only rely your instincts on this matter. as no one can precisely predict the future, you will only base your decision from its history. you can also get insights on various threads of discussions but it doesn't mean, you need to follow them, but will give you enlightenment on certain matters.
also, buying cheap may be true to btc, but when it comes to other alts, you will likely be screwed as most of them will continuously to go down without the hope of reviving their market price. but when you buy btc, you should also make sure that it is not your last money as you may end up selling it below your buying price if you have urgent needs.

Frankly, being a good speculator and knowing the market psychology are the best approaches to knowing the right time to invest and devest in Bitcoin. If you are such that would want to hold the coin, it's so good to be patient and invest at lower prices, just like the time it was at about $16K this year.  Above all, ensure that you know how to read the high technical charts with good indicators and other combined strategies. These are the way that the medium and long-term trends would be revealed, and the investor would have a rest of mind in holding their positions.

Most veterans would never forget to tell you that it is still risky diving on the trading markets. When I was new to investing and still on the process of learning bitcoin, I was always being reminded to only risk the amount I could afford to buy and they would also tell me buy when the price goes down, but as time goes by, I have personally realized that there is no exact timing about the cheap price coz as time went on like you've said you'll only realized that the price back then is so cheap taht you will wish you could have buy more.

[jostorres]

When it comes to purchasing, some people have a lot of doubts and still claim that bitcoin is a scam. However, even though there are risks involved in investing in bitcoin, there are also benefits. However, since everyone is free to form their own opinions, the best strategy is to buy cheaply and gradually build up your holdings until your goal is reached because it is very expensive to buy one bitcoin at once. that is for some individuals doh they are people that can afford more than one bitcoin but everyone knows what they are capable of or what they can afford.

There were many reasons why they call it a scam. One is maybe these people invested their money on a third party in which Bitcoin is involved but it collapsed. The second is they invest on their own but they found out that their portfolio have declined a lot and maybe until now it haven't recovered yet. There's still a way for their thoughts to be corrected.

If we knew these type of people all we can do is to educate them if what are the right ways and mindset. Formula must not be alone but it must have a companion, and that is we need to partner our buying with hodling. This is the best formula so far to be successful in bitcoin investing.

[Rockstarguy]

This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

Buying Bitcoin when the price goes down is always good, it is an opportunity that may not take place for awhile. Buying Bitcoin when the price is down is the easiest way for those who are not financially alright to buy the amount they can afford and hodl till when the price get higher.  If you are determined to always buy bitcoin and hodl it will be of good benefit for you in time coming.

No lose in bitcoin if only you can have patience to always wait,  bitcoin is the best and most valuable decentralized currency to invest. Just the amount you can afford as you wish to .

[gocryptoz]

actually you can make a lot of money if you know how to trade if you buy and hold it will take you forever to make profit
and there's no guarantee the bitcoin price will move up and its so volatile.

[Yatsan]

Investing is easy as long as you have the fund but staying would be the hardest part. Buying when the price is still low is obviously a good thing to do but wuestion is for how long an investor would be able to endure market price declines given how volatile the market is. Some were pushed to sell halfway because of emergency and other necessities. It is for sure easy to say "invest only an amount you can afford kosing" but in reality, its application would be difficult. Everyone wants to earn profit and is the main goal of why people invested in the first place. For sure looking on negative tendencies would be hard for an investor, and that is just a normal response.

This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

No lose in bitcoin if only you can have patience to always wait,  bitcoin is the best and most valuable decentralized currency to invest. Just the amount you can afford as you wish to .

Waiting is not that easy especially if you are an investor who just 'gambled' your fate through investment hoping for huge returns while being worried of needing the money you have invested, in an instant. Not only patience but also capability.

[Bitcoin_people]

~snip~

Bitcoin was as cheap as it was in the past but it is not so cheap now. And if you are thinking of investing half bitcoin then you can invest. As much as I believe Bitcoin will not go back to where it was before but it is very cheap to catch where the market is currently. Because the Bitcoin market will grow more in the future, I think the current position of the market is a good time to invest. And if you invest in this market, you definitely try to hold Bitcoin for a long time. The price of Bitcoin is currently $27000+ but everyone thinks that the price of Bitcoin will reach $100,000 in the next year.

[nullama]

buying bitcoin at a cheap price is the best formula, and now the price of bitcoin is starting to slowly fall and now is the right time to buy bitcoin, and it would be even better to use the dca system in every purchase.

and you op said in 3 months said btc price will be 2 times.
Do you have proof ?

I think the best is to simply buy more Bitcoin as frequently as you can, and then whenever you need the funds, you should be able to get them. Bitcoin will still be there for you.

[.gustafson]

I'm not sure about the price doubling in just three months, but I do believe in the long-term potential of Bitcoin.

[Ahli38]

well of course everyone wants to buy when it's cheap and sell when it's up and reaches the profit target. but for some people there are those who think the current price is still expensive and there are some who think it is already cheap. this depends on the type of trade being made. but because I've always looked at bitcoin only for the long term. so I don't really care at what price I accumulate bitcoin at this time. I just keep collecting it every week from the profit money that I set aside and from the signature campaign. the DCA strategy for the long term is the best for me.

[jokers10]

Most veterans would never forget to tell you that it is still risky diving on the trading markets. When I was new to investing and still on the process of learning bitcoin, I was always being reminded to only risk the amount I could afford to buy and they would also tell me buy when the price goes down, but as time goes by, I have personally realized that there is no exact timing about the cheap price coz as time went on like you've said you'll only realized that the price back then is so cheap taht you will wish you could have buy more.

When you realize something by yourself you take all responsibility for your decisions. You can still lose but you understand it and don't panic. If someone came to crypto and bought bitcoin at a local high and then sees that it goes down and them sells it in panic — it is better to inform a newbie that both trading and investing is still risky. The less people will lose with bitcoin investing the faster and deeper will adoption of bitcoin go. The more people will see benefits and advantages bitcoin gives them the more benefits bitcoin will give us all.

[SOKO-DEKE]

Everyone wants to acquire Bitcoin when its price is falling because the price at which you buy something and the price at which you sell it will decide the profit you make. Buying Bitcoin cheaply doesn't guarantee you'll make a lot of money, but rather how patient you can be to hold onto your Bitcoin as the price rises higher. This is the best way to increase your income in the cryptocurrency market. You cannot compare those who purchased Bitcoin at a price of $15k and later sold it at $45k with those who purchased it at a price of $10k when it was cheap and sold it when the price of per Bitcoin was at $15k. So the best way is buying cheap and selling higher. As for me i accumulate Bitcoin at anytime but price always determined when i plan to sell.

[tjtonmoy]

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

Every 4 years, there's a thing called bitcoin halving. You can see the timer here :Bitcoin Halving
So yes every 4 years, there's a chance for the Bitcoin to pump and if you have the will to hold it for a long term, then yes, you will make a good profit. And if you involve yourself in trading, that's a good way to earn some profits as well. But this approach is risky, as every cryptocurrency has the nature for being volatile.
Investing in the bear market is the best approach if you don't want to take that much risk. So good decision. And you missed year 2021 when BTC hit $69k+ making a new ATH. In year 2024 we can see another one again. Finger crossed.