Is buying BTC now, the best option ???

[bitzizzix]

I think no one knows the way which bitcoin is heading for sure. I’ve maintained that for the most part most people should be deploying a DCA/Dollar Cost Averaging strategy to buy bitcoin. Again, you can try and time the market, but that it just extremely difficult and honestly takes a lot of luck. Putting a little bit of money in to bitcoin over the course of time will insure you get your bitcoin as well as get some when’s its “low”.

At least we have a method to see the development of Bitcoin in year to year, the process of accumulation of ATH achievement is usually marked every four years, although it could be slightly shifted or occurs faster than estimates. This is what provides a foundation and understanding to some people enter the market and try to collect as many bitcoin as possible.

But there is one interesting thing that makes people not need to think too much about the direction of Bitcoin, the DCA pattern is believed to be very appropriate to get bitcoin and we can set the time to make a purchase. This provides an opportunity for anyone to collect bitcoin with the amount of capital we have.

Bitcoin trail is still reliable and can also be targeted for huge profits but you should not trust it completely either because anything can happen suddenly due to some factors which we never know before.
therefore what many people talk about is bitcoin is not easy to predict, and the right way to care for bitcoin is to store it for the long term and do DCA to grow ownership by buying it periodically according to the bitcoin price situation. And if the bitcoin price drops, this is an opportunity to increase DCA buying and return to normal when it starts to recover or stop when the price is out of reach and all aiming for the long term.

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[summonerrk]

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

I don't know where on the chart you saw an opportunity for rapid growth in 2024...
From my experience, I will say that I believe only in the levels of strong support or resistance, you need to build them and then the picture will become really clear and explicit.
The average moving chart makes no sense at all, since it is only an averaging value of Already Known price values.
But I can agree that in 2025 bitcoin will reach a new max.

[Faisal2202]

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

It all depends on market sentiments, I know my reply is late but just today MicroStrategy bought another pile from BTC supply for around $29.3M. according to this news, the market will make some spikes when the demand will increase I have already shared my opinions on that topic about how this holding of MicroStrategy will be to good benefit of the Market.

Overall, I think the mentioned price is a good option to take entry but you should not put all of your money into the market at once. You should do proper DCA (dollar cost averaging) this will increase the profit ratio and decrease the loss ratio too. overall, i think the market will go below $28k for once as a halving of BTC is near as you mentioned so ups and downs will be prominent in the market. plus you should shed an eye on Elections in the USA as many political parties are in favor while some are opposing BTC so that could also make a great impact on BTC price which could give you another good entry point than now.

[fat buddah]

Even though people generally believe that Bitcoin will recover, many tend to ignore the opportunity of investing during long bear markets, waiting allegedly for a bottom to be reached, and then when Bitcoin is up 30% over a short period of time or something like that, they start getting interested and thinking about investing. The price isn't as good as it used to be, but others are right that it's still pretty good (less than half of the ATH point, and Bitcoin tends to surpass previous ATH when a new bull market is happening). And nobody knows whether it will get much lower from here in the future.

That's why I'm trying to combine DCAing and buying the dips. I buy BTC every month, but when it's price seems like it's really low I'm trying to buy more. It was nice to buy it below $20K, especially when it came back and got to $28K.

[Furious 7]

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.

Well, It is actually important that anyone investing in bitcoin should do so looking at the long term prospect, bitcoin has grown past the stage when one could buy bitcoin at that moment and then, in just few hours, cash out big profit, those times have past.

The times we currently are, is the time when those investing in bitcoin must think long term, else, you might sell at a big loss, and also, to DCA  is another great buying strategy which every bitcoin investors must know how to make proper use.

Here's the point. We don't need to focus too much on the current price when indeed the aim is the term for the next few years so indeed in conditions like this what you say will be concrete with DCA and buy again and again while we have the conditions and are ready to buy it.
For Btc there is actually no doubt about that and of course if indeed we are really sure then in this case buying especially for now (although the price is quite higher compared to the past few months which touched $ 15k) still this is a great time appropriate. Don't let the price get higher and then think about it and start regretting that you missed the train that was already running.

[Nwada001]

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

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

Just like the saying goes, no time is ever too late for anything, especially when it concerns investment decisions. Your best time of buying all depends on what your purpose of buying is all about. If you have the intention of buying today with the expectation that tomorrow it will make you rich, then the answer to your question is NO.

But if you're in for a long time holding, then buying now has nothing to do with the best time or no best time.
I can buy now and hold for about 3–8 years, and I can probably use today's price as a reference point for what the value will be at the time of sale. But if you are planning on buying now just to make a day trade and make some huge gain, I will probably say that it's a risky move because you can buy now at $28k and wake up tomorrow to see it at $26k, which you will probably record as a great loss instead of a profit.

[wmaurik]

That's why I'm trying to combine DCAing and buying the dips. I buy BTC every month, but when it's price seems like it's really low I'm trying to buy more. It was nice to buy it below $20K, especially when it came back and got to $28K.

If you once bought Bitcoin at $20K and now you still have Bitcoin at $28K, that is a real boon for you now and if you are still optimistic about continuing to buy. And holding it in long term, you are still not too late to do so now as another surge in Bitcoin to pass the $30K level also looks very likely within this month. Hopefully in the near future there will be good news that can continue to push the increase in Bitcoin prices to higher prices.

[MarjorieZimmermanGinger]

Bitcoin trail is still reliable and can also be targeted for huge profits but you should not trust it completely either because anything can happen suddenly due to some factors which we never know before.

Belief in bitcoin should be in line with an understanding of the investment we are running, so you and I are not involved in setbacks to collect it. For now there is no reason not to believe in bitcoin as the best investment, but we still have to consider the risks as well as the investment ability that we can afford to lose.

therefore what many people talk about is bitcoin is not easy to predict, and the right way to care for bitcoin is to store it for the long term and do DCA to grow ownership by buying it periodically according to the bitcoin price situation. And if the bitcoin price drops, this is an opportunity to increase DCA buying and return to normal when it starts to recover or stop when the price is out of reach and all aiming for the long term.

Most people understand the nature of price fluctuations and there is no precise prediction regarding the price of bitcoin. But when people invest in the long term, there is no need to worry.

The DCA pattern is one of the strategies that people can apply, this is directly related to some people who don't have big capital to buy. There is also an adjustable period of selling at a higher price, so that profits can be maximized to buy again. The point is that everyone can take an approach according to their abilities and most importantly, don't push too hard if it can't be done.

[ShowOff]

Most people understand the nature of price fluctuations and there is no precise prediction regarding the price of bitcoin. But when people invest in the long term, there is no need to worry.

They should still have concerns about storage as long as they haven't stored their bitcoins in a secure wallet. Meaning he should care enough about security risks instead of just expecting returns, that's a wise mindset about investing.

Regarding strategy, your advice on DCA is good. I agree that DCA allows you to accumulate bitcoin, you will get bitcoins at varying prices which at some point will result in you having a lower average buying price. This is decent advice long term, so I'm agree with that.

[DiMarxist]

Most people understand the nature of price fluctuations and there is no precise prediction regarding the price of bitcoin. But when people invest in the long term, there is no need to worry.

They should still have concerns about storage as long as they haven't stored their bitcoins in a secure wallet. Meaning he should care enough about security risks instead of just expecting returns, that's a wise mindset about investing.

Regarding strategy, your advice on DCA is good. I agree that DCA allows you to accumulate bitcoin, you will get bitcoins at varying prices which at some point will result in you having a lower average buying price. This is decent advice long term, so I'm agree with that.

You and I understand that bitcoin price fluctuations in not predictable,The DCA pattern is one of the strategies that people can apply, this is directly related to some people who don't have big capital to buy.And the DCA to grow ownership by buying it periodically according to the bitcoin price situation.Is when the price of bitcoin drops,it is a good time to increase DCA buying and return to normal when the price is out of limit or start to recovery and the of long term.accoding my bro regarding strategy, your advice on DCA is good.

[Kadal Ijo]

If we keep thinking the time is right then we will never buy, I think it's better to buy immediately with the money we can consider lost, then hold until the profit target can be achieved, many people always hope to buy cheap, but when the price is cheap comes so they think keep waiting then the price goes up and he regrets it then hopes to buy again when the price is low.

[Kelvinid]

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

Don't just look at the current price of Bitcoin instead, think about the better future of this project. In fact, when the price of Bitcoin is just $1, people never think about it becoming $10k. They got opened their minds when another ATH comes and eventually changed their views and respect for Bitcoin. If you are keen on investing long-term, Bitcoin is a great choice. Think about what happened before and make it a reason why it was one of the best coins to choose from because even if it was at $29k or $30k, imagine of how much you earn if it reaches $100k 2 years from now.

[Pujangga]

The type of investment that is successful is to act faster without thinking much, while an observer he only observes and guesses the price but does not buy, it has been proven that the most profitable investment and in the shortest time is bitcoin, if we invest bitcoin now then the potential for profit is 100% we can get it in a year or less.

[Furious 7]

Actually when we say it's bitcoin i always say they are the best choice and I have emphasized that at least for myself since a few years before so that with the current conditions it is still quite cheap (although it has increased a few percent) but I can still say they are still worth it to buy. The conditions will not change I think for me because in this case even though for now we know bitcoin is still a matter of debate for most people especially skeptics but as long as I stay here I believe bitcoin remains one of my best assets and things like this it's still worth maintaining and still very able to buy.

[dragonvslinux]

Firstly I think best option and safest option are two very different things! The best option could well have been to buy Bitcoin at $15.5K, or even start of the year based on Bitcoin's 4 year cycles, but only time will tell if this turned out to be the best price or not. Buying into a bear market reversal isn't the worst idea, which arguably by many metrics was around $22K/$23K, or otherwise re-testing $20K as support.

The only issue with right now with price around $28K is that it is right below previous support that could well end up being confirmed new resistance. If anything there is a better argument for waiting for things resistance to be breached and buying >$30K if you're wanting to play it safe, or otherwise a correction to $25K in order to turn it into new support. Between $25K and $30K is a bit of gray area.

Ultimately dollar cost averaging is one of the best and easiest ways to accumulate Bitcoin during a bear market. For example if you had done DCA for past 300 days since June when price was under $30K, you'd have an average of around $21K, which right now is looking quite healthy. Or even since BTC initially broke $30K 330 days ago in 2022, it'd still be under $22K. Or even since Bitcoin was 50% down from it's highs around $35K, dollar cost averaging would still be under $22K. It might be a bit late now to be suggesting DCA in a bear market now price is reversing, but food for thought for next time maybe!

Others will tell you that the best day to buy Bitcoin was yesterday, which while true in a bull market, is probably the opposite in a bear market. In a bear market, the day after is probably a better day to buy  

[AnonBitCoiner]

Yes halving will take place in next year and the price will get more elevated but as you mention that the price is 28k$ so now it reduce to 27k$. It does not refer that it will reduce more from 27k$ because the movement of price is unpredictable.

You can buy bitcoin anytime there is no restrictions on buying but one should think about the beneficial effects that in what price it will be worthy for you. Give time to investment and leave the rest of situation for the next bull run.

You can buy it at this time in this worth for long time because they value will be boost very soon.

[bitgolden]

Bitcoin is slow on the chart and it's movement will take the whole day, I'm not impressed with the situation. However some traders have already recovered their losses because I'm pretty sure we have risk takers in the space and they'll do anything within their reach to make significant figures from the dump and pump of Bitcoin. BO will triggered as soon as it hits the $30,000 level, just get ready to long it once you have a good setup. I'm making good profits with the scalping strategy on bitcoin, and I hope it keeps consolidating because that's the main the zone I'm confident on opening entries on the trade.

It is slow on slow days, but we all saw it on fast days and we all know that it will do amazingly when the time comes. It's obvious that people are doing great job understanding how it is working right now and people just forget that there is a reality about bitcoin where it could move to a point where it's making you profit but then end up not being that great at all eventually as well.

I hope that the best thing to do in this case would be just waiting for it to have a fast day. Sometimes when the market wants to go up, I can say that it goes up 10% or more in a single day, and even sometimes within a few hours, and those days are rare but those are the ones that make it a bull run.

[STT]

Buying this whole year would be best imo, how to spread out & strategize the best pricing during that time is more complicated in estimation and execution.   I think this whole phase in BTC cycle is valid to buy during, its much harder to buy during any hype which generally matches the highest pricing.  Far easier to take the time now to be long term optimistic even when challenged by news and sentiment applicable this week or month but not especially important longer term.
   Its hard to say or explain I think, much easier if you are familiar with how BTC waxes and wanes in each season of its gains or losses.  My take for this year if you can buy on any dip its not a bad idea and should reflect well in future years though we can always pullback, 2023 is consolidation and strengthening improvement via confirmation of volume from 20k to ATH.

[mich]

I think buying Bitcoin now is a good idea, a best option more than other coins on the crypto market. I also think it is a good idea to buy Bitcoin for others to get them into investing in it
Bitcoin is a great gift and a really nice thing to give to somebody you care about. So many gifts I give to others are disposable and probably just end up not used. I hate to think of all the cheap plastic gifts that people give others that become trash all over the world.
The reality is you're helping them invest in a technology that is truly revolutionary. And you are going to help them make profit from hodling.

[Paul Pogba]

Buying bitcoin at any time there will be a fear of loss because the price can drop at any time, but if we don't buy then the opportunity to get profit will never happen and if there is an increase in price we can only see other people get profits.