Buying cheap is best formula

[Rigon]

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.

Current time is suitable for trading or investing. If we look at the market conditions, we can see that the way the market fluctuates can lead to success in every trade. At this time, you should always keep in mind that when the market is dumping, you should buy cheaply. Be it investment or trading. But there will always be an eye on Bitcoin. Bitcoin investment is risky but safe for all of us. However, it is still a good time to buy and invest in Bitcoin. Those who could not invest from the dumping market still have ample opportunity to invest.

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.

Those who have bought and invested in bitcoins in this cheap market will be able to make a lot of money from their investments in the next three months. Actually I missed this cheap market because my investment is from high market. Now just waiting for the recovery. But I believe Bitcoin will definitely rise in the next three months. Bilaji Srinivasan bets that Bitcoin will be worth $1 million in the next three months. He said and bet with sure. Are we really going to cross $1 million in the next three months? What do you think?

[Asuspawer09]

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 mean that is what we all believed that bitcoin will surely go to skyrocket in the Bullrun and this is the best time to purchase bitcoin since the market price is still low and there is still a lot of room for profit in the future. But it still that guarantee that bitcoin will reach a certain price in the market or even break its latest All time high, I mean there are always so many factors that could easily affect the market price of bitcoin and for example, a war that might affect the price so there is always a big risk on investing on it.

Also in investing in the bear market your gonna need a lot of funds since it just means that you're investing for the long term and if you don't have enough funds to sustain your self you might just end up selling your bitcoin in an unfair price in the market so I suggest to always invest only a small percentage of your money.

One of the best ways as well is dollar-cost averaging to minimize the risk of your bitcoin investments.

[bangjoe]

To be honest, the cheapest price was at the end of 2022 around the $15k price level, but yes, that was when everyone was screaming because the prices were going down more extreme than usual so not many saw an opportunity at that time. I would probably get close to 90% return on investment today if I had bought back then.

Anyone who has a good understanding of how Bitcoin works knows that investing in other cryptocurrencies, including Bitcoin, is risky.  Which a bitcoin investor must accept. And investing in Bitcoin carries high risks as well.  So is the possibility of higher profits is also soo big. So if you want to achieve something big, you must take risks

I don't really agree with what you're saying, first of all we need to clarify that when you decide to buy Bitcoin it's not an investment where you have to expect an economic return, because if this is what you expect you should look elsewhere.  The only wealth that Bitcoin can give you is financial freedom, keep that in mind.

In depending on the references of each, I think in this context there is nothing wrong, but you have to see which boat you are using in using bitcoin. I think there's nothing wrong with seeing bitcoin as a source of profit and there's nothing wrong with thinking about bitcoin as a hedge or financial freedom, I think it's all true but depending on where you look at it so it's not debatable.

[Lorence.xD]

To be honest, the cheapest price was at the end of 2022 around the $15k price level, but yes, that was when everyone was screaming because the prices were going down more extreme than usual so not many saw an opportunity at that time. I would probably get close to 90% return on investment today if I had bought back then.

Anyone who has a good understanding of how Bitcoin works knows that investing in other cryptocurrencies, including Bitcoin, is risky.  Which a bitcoin investor must accept. And investing in Bitcoin carries high risks as well.  So is the possibility of higher profits is also soo big. So if you want to achieve something big, you must take risks

I don't really agree with what you're saying, first of all we need to clarify that when you decide to buy Bitcoin it's not an investment where you have to expect an economic return, because if this is what you expect you should look elsewhere.  The only wealth that Bitcoin can give you is financial freedom, keep that in mind.

In depending on the references of each, I think in this context there is nothing wrong, but you have to see which boat you are using in using bitcoin. I think there's nothing wrong with seeing bitcoin as a source of profit and there's nothing wrong with thinking about bitcoin as a hedge or financial freedom, I think it's all true but depending on where you look at it so it's not debatable.

Yes, it really depends on how a person describe Bitcoin based on their perspective and experiences. If they profited a lot in Bitcoin and called it as a source of profit and some planning to have a long term investment from it so in the future they could have a financial freedom. Bitcoin could really gives a lot of opportunity to the people on how they manage it. But let's not sugar coat it and be biased on Bitcoin there would be a risk involved and won't avoid the losses in the process.

[taufik123]

Yes, it really depends on how a person describe Bitcoin based on their perspective and experiences. If they profited a lot in Bitcoin and called it as a source of profit and some planning to have a long term investment from it so in the future they could have a financial freedom. Bitcoin could really gives a lot of opportunity to the people on how they manage it. But let's not sugar coat it and be biased on Bitcoin there would be a risk involved and won't avoid the losses in the process.

Sometimes someone is too complacent about Bitcoin so they ignore the risks that will occur.
These risks can make them turn around and stay away from Bitcoin. When at first they always had a good view of Bitcoin, they changed drastically when they experienced problems and some losses due to a lack of knowledge on Bitcoin investment.

Covering up risks will only make things worse. All investment instruments even have risks including Bitcoin as a decentralized digital currency which has higher risks.
In fact, I always tell everyone that Bitcoin is more risky than anything else, but it will also provide benefits for those who are serious.

[GiftedMAN]

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.

Your words sounds like sarcasm in a way that makes you look like you didn't really know the meaning of investment in cryptocurrency. For you to buy coin at a cheaper price and sell it when the price goes up is a form of investment in case your don't know. Investment is of various ways and if you don't want to trade Bitcoin or other coins, you can buy crypto at cheaper price and sell at higher price. The difference I price is how we make money in trading or investment. There are other ways too we can make money in cryptocurrency and it involves mining, staking etc.

[summonerrk]

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.

The fact is that we see the price chart of the past time.
And because of this, in the present time it is impossible to understand where the price chart of bitcoin or any other cryptocurrency will move later. For example, you see a valuable bottom, and you realize that this was the best time to buy. People watching the price at the time of the formation of this price bottom did not know where the price would go next. You can buy on all the stables. And what's next? And suddenly the price will go even lower. in general, you need to buy and sell Parts of the deposit. Then you will definitely guess everything.

[leonair]

To be honest, the cheapest price was at the end of 2022 around the $15k price level, but yes, that was when everyone was screaming because the prices were going down more extreme than usual so not many saw an opportunity at that time. I would probably get close to 90% return on investment today if I had bought back then.

Anyone who has a good understanding of how Bitcoin works knows that investing in other cryptocurrencies, including Bitcoin, is risky.  Which a bitcoin investor must accept. And investing in Bitcoin carries high risks as well.  So is the possibility of higher profits is also soo big. So if you want to achieve something big, you must take risks

I don't really agree with what you're saying, first of all we need to clarify that when you decide to buy Bitcoin it's not an investment where you have to expect an economic return, because if this is what you expect you should look elsewhere.  The only wealth that Bitcoin can give you is financial freedom, keep that in mind.

In depending on the references of each, I think in this context there is nothing wrong, but you have to see which boat you are using in using bitcoin. I think there's nothing wrong with seeing bitcoin as a source of profit and there's nothing wrong with thinking about bitcoin as a hedge or financial freedom, I think it's all true but depending on where you look at it so it's not debatable.

Yes, it really depends on how a person describe Bitcoin based on their perspective and experiences. If they profited a lot in Bitcoin and called it as a source of profit and some planning to have a long term investment from it so in the future they could have a financial freedom. Bitcoin could really gives a lot of opportunity to the people on how they manage it. But let's not sugar coat it and be biased on Bitcoin there would be a risk involved and won't avoid the losses in the process.

The best formula to profit from Bitcoin whether it is bought at a cheap price or at a high price is to hold it for a long time. If you want to get good profit there is no substitute for long term hold. But it is possible to earn profit without long term hold, but in this case you have to follow Bitcoin constantly and do day trading. But here the profit will be limited. In this case, OP formula will work that Buying cheap and sell in profit

[BD Crypto]

The fact is that we see the price chart of the past time.
And because of this, in the present time it is impossible to understand where the price chart of bitcoin or any other cryptocurrency will move later.

It happens because market can be manipulated by the whales and it can be more volatile if any good or bad news arrives. For that period no chart analysis is going to work properly. Because then people are going to buy with FOMO(Fear Of Missing Out) or sell with FUD(Fear, Uncertainty and Doubt).
As this happens we should put stop loss at a lower level of support zone so that we bear a small loss and can invest at more lower price.  

[in general, you need to buy and sell Parts of the deposit. Then you will definitely guess everything.

This is a best idea for having a good avarage price of investment. You can do DCA(Dollar Cost Averaging) which is more essential at this point to invest for long term.

[Mate2237]

I don't think there is a specific period for trading and this period is good as well to buy and invest. Now that Bitcoin is still wavering to go up, it is the best time to invest. OP if nothing is lost then why companies fold up and some even removed workers from the companies. There is risk in Bitcoin and with that in the process one might loss coins if care is not taking.

If anyone is buying Bitcoin now and store it for years to come even just two years and if the person buy  and store enough before 2026, the person will make enough benefits from the investment. According to the op topic the best time is now and do not procrastination again, put your dreams I'm action so that you will be smiling when the price finally rise to the peaks.

[summonerrk]

The fact is that we see the price chart of the past time.
And because of this, in the present time it is impossible to understand where the price chart of bitcoin or any other cryptocurrency will move later.

It happens because market can be manipulated by the whales and it can be more volatile if any good or bad news arrives. For that period no chart analysis is going to work properly. Because then people are going to buy with FOMO(Fear Of Missing Out) or sell with FUD(Fear, Uncertainty and Doubt).
As this happens we should put stop loss at a lower level of support zone so that we bear a small loss and can invest at more lower price.  

True, but not quite accurate. The market sometimes reacts to the news at the moment of its appearance, even if the event described in the news happens later. And sometimes the market reacts to the news only when this event comes according to the calendar and the clock. Market reversals, bottoms and all-time highs come from news and psychology. They are fixed on the chart and support and resistance levels are formed from their repetitions. Which later begin to influence the market themselves.

[in general, you need to buy and sell Parts of the deposit. Then you will definitely guess everything.

This is a best idea for having a good avarage price of investment. You can do DCA(Dollar Cost Averaging) which is more essential at this point to invest for long term.

Yes, averaging is a great way to consistently make a profit. The feeling of lost profits will not stifle so much.

[Ursulachuks]

Trading in this particular currency has developed into a tempting side business that contributes to earning additional revenue as a result of growing interest, strict regulatory scrutiny, and conflicting media coverage. However, that does not imply that you should take into account past events as a guarantee for the future. In the meantime, if you believe that Bitcoin fits with your financial philosophy, go for it.

[mendace]

Yes, it really depends on how a person describe Bitcoin based on their perspective and experiences. If they profited a lot in Bitcoin and called it as a source of profit and some planning to have a long term investment from it so in the future they could have a financial freedom. Bitcoin could really gives a lot of opportunity to the people on how they manage it. But let's not sugar coat it and be biased on Bitcoin there would be a risk involved and won't avoid the losses in the process.

I'm not a maximalist junkie who would judge what you said with disgust but I'm pretty sure that if the goal is to invest in Bitcoin without looking at profit but at financial freedom you can consider it a safe one.  I am convinced that it already works and is making many people free especially the unbanked.

[Ico.best]

I don't think there is a specific period for trading and this period is good as well to buy and invest. Now that Bitcoin is still wavering to go up, it is the best time to invest. OP if nothing is lost then why companies fold up and some even removed workers from the companies. There is risk in Bitcoin and with that in the process one might loss coins if care is not taking.

If anyone is buying Bitcoin now and store it for years to come even just two years and if the person buy  and store enough before 2026, the person will make enough benefits from the investment. According to the op topic the best time is now and do not procrastination again, put your dreams I'm action so that you will be smiling when the price finally rise to the peaks.

We should also really understand the basic principles of investment, especially in bitcoin. Uncertain price movements and it is still uncertain whether price movements will continue to experience a bearish trend or turn into a bullish one.

Of course there are many things that need to be considered and not all of them are solely thought about the benefits that can be obtained because we are investors who must be aware of all the risks that can occur, even if it's from bitcoin.

[serjent05]

I don't think there is a specific period for trading and this period is good as well to buy and invest. Now that Bitcoin is still wavering to go up, it is the best time to invest. OP if nothing is lost then why companies fold up and some even removed workers from the companies. There is risk in Bitcoin and with that in the process one might loss coins if care is not taking.

I think otherwise, trading happens everyday yes but to be effective in trading there are period that is good for buying and period that is good for selling.  Day trader is an exemption to these because they take advantage on price fluctuation.

If anyone is buying Bitcoin now and store it for years to come even just two years and if the person buy  and store enough before 2026, the person will make enough benefits from the investment. According to the op topic the best time is now and do not procrastination again, put your dreams I'm action so that you will be smiling when the price finally rise to the peaks.

So this means there is really a period for buying and selling and one can take the full benefits by setting a specific period when to buy and when to sell.

[Dr.Bitcoin_Strange]

therefore we must have a strategy that must be adhered to to make a purchase map,

Yes, I agreed to that. About two years ago, when I was very active in trading Bitcoin and other crypto on the CEX, there was this strategy I had. First, I always say to myself, "If you believe in any price, just place your order and forget about it until any day or time it buys or sells." The reason for that was that, for example, if you predict a close price for a coin or token, it will definitely get there. Such strategies have been working for me since then.

For example, if I assume that BTC will drop to $28k and I wish to buy at that price, I will just place the buy order and allow it to run for some time; it could last days, weeks, or a month, but I will never cancel that order until it finally runs. So, I can say that if you want to buy Bitcoin, you could still derive one cool strategy for yourself, but DCA is still what most people are using to invest in Bitcoin now.

[Tony116]

Yes, it really depends on how a person describe Bitcoin based on their perspective and experiences. If they profited a lot in Bitcoin and called it as a source of profit and some planning to have a long term investment from it so in the future they could have a financial freedom. Bitcoin could really gives a lot of opportunity to the people on how they manage it. But let's not sugar coat it and be biased on Bitcoin there would be a risk involved and won't avoid the losses in the process.

I'm not a maximalist junkie who would judge what you said with disgust but I'm pretty sure that if the goal is to invest in Bitcoin without looking at profit but at financial freedom you can consider it a safe one.  I am convinced that it already works and is making many people free especially the unbanked.

When it comes to finance means people are looking for profit, and freedom is not something that will be prioritized. If bitcoin were just a currency with no volatility and no profit making, do you think many people would get into it just for the sake of freedom? I believe almost 99% of people invest in bitcoin for the profit it can bring, freedom is just the second factor. How many people come to this market for technology, for freedom, and not for profit? Are you looking at bitcoin as currency?

[mvdheuvel1983]

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 cheap is the best formula. But what is cheap? I would say that buying right is the best formula. Your formula may work for you, but I do not think it is universally applicable. As it comes with a lot of anxiety. Besides, your idea of bitcoin's price is just a speculative as it is with every other person. Do not mount so much pressure on yourself because of FOMO. I don't know how long you have been in the market but if you have been here long enough you would have heard about Dollar Cost Average strategy which is actually the best out there. You should read up on it.

[fuguebtc]

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 cheap is the best formula. But what is cheap? I would say that buying right is the best formula. Your formula may work for you, but I do not think it is universally applicable. As it comes with a lot of anxiety. Besides, your idea of bitcoin's price is just a speculative as it is with every other person. Do not mount so much pressure on yourself because of FOMO. I don't know how long you have been in the market but if you have been here long enough you would have heard about Dollar Cost Average strategy which is actually the best out there. You should read up on it.

Buying right is the best formula, but what is buying right? I still don't understand what you mean. In my opinion, the best time to buy is whenever you have the money to buy, and the bitcoin price is still lower than the old ATH, especially if we are still in a bear market like now which is for the best. Buy cheap or buy low is what any investor wants, but how do you know the lowest price to buy? No one knows.
In my opinion, the best buying formula is to use DCA, using this strategy, we will never miss any low and will not regret whether the market goes up or down.

[xSkylarx]

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.

You are very positive, which can also lead to losses. I mean, if you bought at the time you posted this, you would have profited around 30–40%, which is also good, but still, it doesn't double your investment. But again, you bought it at a cheap price, which is why it is always best if you can buy anytime and accumulate it because the price keeps increasing. Also, if you still wait until you can afford to buy a whole bitcoin, then for sure the price at that time is higher. It is better to buy it in small amounts than one time.