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Author Topic: Is buying BTC now, the best option ???  (Read 1564 times)
Aanuoluwatofunmi
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April 01, 2023, 09:56:01 PM
 #21

As long as we remain in the bear, the bitcoin price is good and favourable for those coming in to invest, there's good tendencies to always make profits when you're investing on a long run by coming in when the price is favourable, we need to enjoy this unique opportunities in other to make our asset a profitable one, those that cannot wait till that long can as well engage trading on a short time basis as well.

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April 01, 2023, 09:59:35 PM
 #22

See, you've got to be diligent enough and also plot a good diminishing scale, expecting anything to happen from the present market value
Don't it seem to occur to you that a time came, not too long ago, when BTC raged practically to about 22k dolls from 18k? Didn't it seem too fair enough to have gone up real quick?? It did, but what happened? Even after people took advantage of the dip and bought a good worth of crypto? It still fell back drastically..and the people that bought as at 22k dolls, hoping to have it back to 40k at once lost almost everything.
It is advisable for anyone to arrange a plotted, graphical analysis on how the market structure might develop tomorrow. So the answer is Yes, as long as the current value is higher than the gross before it fell previously.
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April 01, 2023, 10:09:23 PM
 #23

As at today, April 1 Btc grew by 1.96% hitting $28,571 in the last 24hrs.



we could be expecting the next bull run in the crypto market which will most likely be led by BTC to start in 2024 reaching it's highest in 2025.

one major element that can catalyse the next bull run, is the Bitcoin halving that triggers every 4 years.  And as expected after every Bitcoin halving comes a  Bull run in the crypto market.

 So, from the look of things, don't you think that investing in Btc at the moment could be worth considering?
Not a perfect time but it is not too late, i remember last 2021 when btc really rise up and i was very amazed, when i first know about crypto in year 2017 btc that time is only 14k$ and i thought that was a very high price but its not, because in year 2021 btc rise above 60k$ and i am full of regret that time because if i buy btc during year 2017 and hold until 2021 then i maybe got a big profit from holding, so for me the perfect time is not tomorrow it is today before its too late.
I agree on that mate, i was there at the time when btc rise up to 14k$ on year 2021 in a month of december, i was afraid to buy that time because i thought that was the highest price that bitcoin may reach but i am wrong, when btc rise more than 3x of its price in 2021,so based on my observation the perfect time to buy is now and if you are not convince then look at its previous price from year 2010 till today and you can see that btc is not fulling back it is moving forward and if you have patience to hold you will surely have a return or profit from your holdings.

Even though I think it's actually a bit late to invest in Bitcoin now, but it's better to start investing in Bitcoin before its value increases further.
In the past, many people have regretted not taking advantage of investing in Bitcoin. As the price continues to rise many people regret why they didn't buy Bitcoin at that time. It is better to own and take advantage of our opportunities in Bitcoin as soon as possible than to make no investment at all.
Bitcoin is still a good investment choice even though it is a very volatile investment, for long-term investments it is better to start investing in Bitcoin immediately, the more we doubt, the more we will be left behind to take advantage of opportunities in Bitcoin.









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April 01, 2023, 10:11:36 PM
 #24

When do you plan to invest if you don't now? Is it when the price has risen above what you can afford to make a significant profit when it's time for the bull run to reach another ATH? Anytime one gets to invest before the bull run is fine with me, but the price you choose to buy at now has a significant impact on the profit you'll make when the bull run arrives. Investing now is just as good as coming in later to make a big profit because the price is still at a bear minimum before we see another bull run.

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April 01, 2023, 10:19:27 PM
 #25

As long as you can buy bitcoin just buy buy that's how easy it is to do, especially if you believe it will be more than 100k$. It means that he is still cheaper to say anyway.

     Because it's hard to buy when it's at a high value, that's where you buy it, at least now if you have a lot of money, why not, right? so it's just price as other investors do here even if it's little by little.



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April 01, 2023, 11:02:49 PM
 #26

Snip
Since Bitcoin is the safest investment asset out of all cryptocurrency coins, investing in Bitcoin at Dip is always the best option.  Bitcoin price is still far down from its ATH so I don't think it would be a bad idea to invest in Bitcoin now. I consider it a potential investment for anyone who want to invest in Bitcoin. Bitcoin will make new ATH again but it may take a long time.  But the person who can hold his investment till then will be a high gainer. So you can definitely say that Bitcoin investment is the best option


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April 01, 2023, 11:14:14 PM
 #27

So, from the look of things, don't you think that investing in Btc at the moment could be worth considering?

With the knowledge of the 4-year cycle, and the history of Bitcoin price and how bearish and bullish market transitioned, it is not only worth considering but rather one of the best options of investment if we invest in BTC right now.  As far as I can consider, we are still on the last stage of bear market so the possibility of getting huge return of investment in the next 2 years is very huge.  So I would say that it is a no brainer to invest in BTC right now.

As long as you can buy bitcoin just buy buy that's how easy it is to do, especially if you believe it will be more than 100k$. It means that he is still cheaper to say anyway.

     Because it's hard to buy when it's at a high value, that's where you buy it, at least now if you have a lot of money, why not, right? so it's just price as other investors do here even if it's little by little.

True, we should take the opportunity to buy Bitcoin at a discount.  We don't know when will be the last time to see Bitcoin at this price.  We might never see Bitcoin to revisit this price again just like when we are on the sideline watching people buying Bitcoin at sub $1000 price years ago.
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April 03, 2023, 03:13:31 AM
 #28

With the knowledge of the 4-year cycle, and the history of Bitcoin price and how bearish and bullish market transitioned, it is not only worth considering but rather one of the best options of investment if we invest in BTC right now.  As far as I can consider, we are still on the last stage of bear market so the possibility of getting huge return of investment in the next 2 years is very huge. 
It is good time to accumulate Bitcoin in a bear market that usually has two years span before a new bull run. Bitcoin will have its next halving in 2024 and in its history, it has never failed to have a big bull run after each halving and even made its new all time high.

Assume it will fail to make a new all time high (higher than $69,000) in 2024 bull run, even it just tries to climb to $60,000 or around $69,000, it will give you very great profit already. More than doubling your portfolio if you buy your bitcoin today and hold it till $60,000+.

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So I would say that it is a no brainer to invest in BTC right now.
What does it mean? We must thoughtful with our investment decision.

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True, we should take the opportunity to buy Bitcoin at a discount.  We don't know when will be the last time to see Bitcoin at this price.  We might never see Bitcoin to revisit this price again just like when we are on the sideline watching people buying Bitcoin at sub $1000 price years ago.
Every dip in a bear market is a great discount for a next bull run. Especially dips when price is about 1/2 or 1/3 from all time high in a previous bull run.
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April 03, 2023, 03:57:47 AM
 #29

If You already know that every bitcoin halving will hit a new ATH, and if you don't buy now, when will you? Instead of asking others when to buy, set yourself a goal of when to sell bitcoin; from there, you will know the perfect buy price for you. Everyone's finances are different, people with a lot of money will buy bitcoin every day and are willing to hold it for the long term. For those with little money, it is necessary to choose the right time with a good price to get better profits.
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April 03, 2023, 04:16:59 AM
 #30

Bitcoins are limited in number, mate. This means there is already a fixed amount of bitcoins created and circulated everywhere. No more bitcoins can be created or made, so this definitely makes bitcoins very valuable. Now the answer to your question can be easily found by you alone. If you are able to buy the coins under 30k USD, then consider yourself lucky, as once the demand for the coin increases, the price will skyrocket, and you won’t even get a chance to buy the coin at 50k USD either. So without wasting any time, accumulate as many bitcoins as you can and hold them for at least one year. Definitely, you will see 2.5x profit of your holdings in a year.

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April 03, 2023, 04:36:08 AM
 #31

The simple answer: NO.
If you want to know more about this you can read the post I made, but eventually, the problem is that a lot of crypto investors are ignoring the macroeconomy when they say that bitcoin is going up and it's a good time to buy. The main problem right now is a bad economy in the US and high interest rates that make everything even worse.

So basically, if you want to invest money in bitcoin right before it will go up, you need to wait for interest rates will start going down and the economy will start growing. I think it will be the best signal we can get.

I won't recommend you buying bitcoin right now cos we will probably see it finding a new button among with stock market, but if you still want to do it, just DCA and it would be a good decicion too.
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April 03, 2023, 04:44:37 AM
 #32

Buying BTC now for investing is a good option, but buying BTC now for trading? I don't really know that.

The simple answer: NO.
If you want to know more about this you can read the post I made, but eventually, the problem is that a lot of crypto investors are ignoring the macroeconomy when they say that bitcoin is going up and it's a good time to buy. The main problem right now is a bad economy in the US and high interest rates that make everything even worse.
If we talk about macroeconomy, it's mean Bitcoin price is highly influenced by macroeconomy and there's always a correlation between Bitcoin price and gold, stock, fiat etc. But did you forget if many people are saying Bitcoin can be as a hedge against inflation, so technically when inflation increase, Bitcoin price increase too. So it's contradicts against your opinion.
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April 03, 2023, 06:05:15 AM
 #33

one major element that can catalyse the next bull run, is the Bitcoin halving that triggers every 4 years.  And as expected after every Bitcoin halving comes a  Bull run in the crypto market.
 So, from the look of things, don't you think that investing in Btc at the moment could be worth considering?

Investing in Bitcoin at any moment you have your money available is worth considering because Bitcoin investment should always be a very long investment that comes with you holding your bought Bitcoin for years. When you invest with such mindset then you won't be bother by the price movement of the market and you'll be at peace.
If the money you have to invest in Bitcoin isn't money that'll be needed for other emergency anytime soon then you can invest and hold but if something might come up that the money will be needed then don't invest yet because the market might drop. Last month gave Bitcoin lots of profit as it was a very profiting month for the price of Bitcoin.
This month could come with some corrections so you can wait for the market to finish correcting before you invest. If your investment isn't for the long run then you should wait in those correction.

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April 04, 2023, 05:17:31 PM
 #34

it will depends on you that what type of investor or short term because for longer time when you keep your coin hold then you will easily achieve your goal.

According to the prediction whenever halving occurs there is a greater opportunity for bitcoin investor to get profit because the price enhance more after halving. I think that for bitcoin investment you have not to wait for proper time because every time is a better time for investment in bitcoin as we have seen increase price each year.

We cannot say that the time for bitcoin investment is over because bitcoin cannot go more dip and is increasing in value more than previous cost.

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April 04, 2023, 05:49:34 PM
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 #35

You can buy bitcoin at anytime, it all depends on your target price that you are willing to sell later in the bull run. If you have the funds,it is better to buy now because I guess this might be a lower price for now. As time goes on bitcoin price is increasing, if you observe the price since the year,it has always increase till 28+ and this will continue till bitcoin halving if am not mistaken.

After the halving comes the bull run,by that time your investment must have yield profit. If you buy now you can DCA to keep your investment. Take note there is a better chance of making huge profit when you invest in long term compare to short term investment.

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April 04, 2023, 07:25:00 PM
 #36

Halving have been the major catalyst to almost all the bull run the bitcoin market have experienced over the years, I believe some people already know this and are already accumulating bitcoin silently, in preparation for next year's bitcoin halving, this is probably the reason why bitcoin has been climbing up little by little.

If you don't already hold bitcoin and planing to invest, I think now is the best time to do so, as I believe that the price might continue to go up, with little pull back from time to time.

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April 04, 2023, 07:27:54 PM
 #37

The simple answer: NO.
If you want to know more about this you can read the post I made, but eventually, the problem is that a lot of crypto investors are ignoring the macroeconomy when they say that bitcoin is going up and it's a good time to buy. The main problem right now is a bad economy in the US and high interest rates that make everything even worse.

So basically, if you want to invest money in bitcoin right before it will go up, you need to wait for interest rates will start going down and the economy will start growing. I think it will be the best signal we can get.

I won't recommend you buying bitcoin right now cos we will probably see it finding a new button among with stock market, but if you still want to do it, just DCA and it would be a good decicion too.
It is true that it is not a wise decision to invest by looking at the pump, but I think it is more applicable for short-term strategy. Because I also made a mistake when there was 63k in the market bull-run, I invested for short-term, then changed that strategy and now I have to change it to long-term.
But in current case I also think that the op does not seem to have asked this question for short-term trading. And if this is true, then I think that investment in bitcoin is not a bad decision now, because bitcoin is still far below its all-time high, so if someone wants to invest now, looking at the next halving for the long-term, then it is good.  But if someone wants to make a big investment, I would also say to invest by maintaining a dca.

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April 04, 2023, 07:30:54 PM
 #38

I dunno if it's Warren Buffett who said this and I can't be bothered to look up for it anymore coz frankly the message in this case is bigger than the person, but it goes like this: "The best time to invest is 10 years ago, the second best time is now." So what does that tell you? Well in the grand scheme of things, inconsiderate of the price chart and all that technical stuff it is always wise to stock up on assets that appreciate well, just like bitcoin for instance, who since its conception and launch have experienced a rather positive uptrend in value over time. So in any case, no matter when or what the state of the market is, investing in bitcoin will always be a wise choice in the long run, because the charts don't lie and there is just a huge possibility for profit over time if you invest on it. So don't wait, if you're thinking about investing in bitcoin, I suggest you invest as early as now because most often than not, today's price will always going to be the lowest price you'll ever be able to buy bitcoin for.
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April 04, 2023, 07:32:01 PM
 #39

Bitcoin is the safest investment around if you are willing to hold long term in my opinion. It’s designed to go up forever, it’s deflationary which is unlike pretty much everything that you can invest in. Sure if you’re looking short term you might not get the results you want bur if you can hold bitcoin for at least two cycles you will make great profits. I advise you to hold even longer though.

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April 04, 2023, 07:34:25 PM
 #40

Halving have been the major catalyst to almost all the bull run the bitcoin market have experienced over the years, I believe some people already know this and are already accumulating bitcoin silently, in preparation for next year's bitcoin halving, this is probably the reason why bitcoin has been climbing up little by little.

If you don't already hold bitcoin and planing to invest, I think now is the best time to do so, as I believe that the price might continue to go up, with little pull back from time to time.
I still feel like something like this is possible despite in some cases a lot of people have said that some of us are still doing DCA and when talking about the best time actually regardless of what the conditions are for a few months or maybe from years ago buying bitcoin is still the best time and it's not wrong to admit something like this because indeed this is something that I think is feasible and even almost everyone who is here agrees that they are long-term investors.

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EUROPEAN
BETTING
PARTNER
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