Is buying BTC now, the best option ???

[Smack That Ace]

The market will be even more difficult to predict, because currently bitcoin is mostly used for speculation and trading, rarely do we find bitcoin being used for direct transactions such as cash so it will always fluctuate and it is difficult to predict, we are waiting whether after the halving next year we will be able to make ATH or not, if bad things happen then we have to be ready.

Maybe it's just you who rarely see Bitcoin transactions that are used like other currencies when someone buys something in a country that has legalized Bitcoin. You can find out about this in El Salvador and also in the Central African Republic, where Bitcoin has been legalized and there are bound to be people making transactions like you mean. Even though you don't find such things in other countries or even in the country you live in now, so this is actually not rare, but maybe only rarely seen by some people.

When I visit a gambling site I can see how many bets are in the form of bitcoin and we know that crypto gambling is now huge. This alone, we can say that many people use their bitcoin like a typical currency same to fiats but they prefer bitcoin because it is unique.

Even on a country where bitcoin is not yet legalized as a legal tender, people can still be able to use a bitcoin there for purchasing an item or availing a service on some establishments but the rates can be lower compared to El Salvador and the other country you mentioned there. Buying bitcoin and keeping it is a good idea so that we can have something in use later for whatever purpose we can think of.

I think the reason people use bitcoin in gambling instead of fiat because they want anonymity and privacy, and which is not enough to prove bitcoin is being used as a currency. My question is, do people who use bitcoin in gambling, they use it for daily payment? I don't think they will.

As long as there is a consensus between the buyer and the seller, it will be easy for you to use bitcoin as a payment method without government permission. But how many people would be willing to use bitcoin as currency? Even in El Salvador, I believe people still use USD more than bitcoin for payment. Because no one wants to use a valuable asset to spend lavishly.

[Reatim]

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?

if you choose to buy then , yet you are still waiting now because the price is still holding 27-29k these days as we aren't having chance to see how much it can grow from april to may.
but asking when is the right time? yes everytime is the best time not unless you are greedy like others that waiting for so low and wanted to sell at so high price.

[lienfaye]

Many people think too much and are afraid to buy at the current price, but when tomorrow or next month the price goes up they regret that they have lost the momentum to buy when the price is low, as investors of course we have to be brave in making decisions, don't just rely on other people's opinions, more both take real steps to buy because we have the opportunity to profit.

It's not something new for investors to have such mindset.  Many investors wants to buy Bitcoin but hesitating because of worries that it might drop further once they buy. Hence, they're waiting for the bottom which we can't pin point exactly since the price is unpredictable. Then as you've said, they will regret not buying once it climb up and they missed to buy at cheaper price.

Understanding Bitcoin and its nature are crucial before you invest, this way you can create a plan that will benefit you if you invest in Bitcoin. Buying at anytime is also good especially if you're planning to hold for long term however it's still wise to take advantage the situation when the price is declining. Nevertheless, we have different plan and set target with our investment hence we know better on what is more beneficial.

[LittleBitFunny]

Many people think too much and are afraid to buy at the current price, but when tomorrow or next month the price goes up they regret that they have lost the momentum to buy when the price is low, as investors of course we have to be brave in making decisions, don't just rely on other people's opinions, more both take real steps to buy because we have the opportunity to profit.

It's not something new for investors to have such mindset.  Many investors wants to buy Bitcoin but hesitating because of worries that it might drop further once they buy. Hence, they're waiting for the bottom which we can't pin point exactly since the price is unpredictable. Then as you've said, they will regret not buying once it climb up and they missed to buy at cheaper price.

Understanding Bitcoin and its nature are crucial before you invest, this way you can create a plan that will benefit you if you invest in Bitcoin. Buying at anytime is also good especially if you're planning to hold for long term however it's still wise to take advantage the situation when the price is declining. Nevertheless, we have different plan and set target with our investment hence we know better on what is more beneficial.

People who have the mentality of waiting for the price to go down to buy, I bet they will never buy bitcoin, when the price goes down, they wait to drop a lot, but when the price goes up, they will say it too high and not the right time to buy bitcoin. Best not to waste time with these types of people.

In my opinion, it is not always a good time to buy bitcoin, it is advisable to buy bitcoin only in a bear market, not in a bull market. You won't lose when buying bitcoins for $69k, but you will waste your time waiting for bitcoins to cross $60k to make a profit. While others have good plans, they wait patiently for the bear market and buy bitcoins for under $20k. When the bull season came, and bitcoin hit $69k, you broke even, but they made a huge profit. Therefore, the timing of the purchase is very important.

[Paul Pogba]

I think now is the right time to buy more, when the market was rising in last march then a lot of people were hoping to buy if the price was under $30k, and the opportunity came because the price is currently around $26k and we will regret not buying now because the price is soon rising again.

[AnonBitCoiner]

Actually price dropping and elevating are the two aspects of crypto market and we should not be afraid of anyone of them but think that we can take advantage from bitcoin of them and take every single decision with patience.

We can buy bitcoin anytime and during this year whenever there occurs a certain reduction in price so we should buy it because everyone knows that it will surely increase more and more in price.

Every condition is full of benefits if a person understands the market and try to understand fundamental rudiments of trading and investment.

[19Nov16]

After March the price reached $30k making me very sure that the price will continue to rise until the end of the year, unfortunately the market stopped and continued to decline, price movement since the last 2 months can be said to be non-existent because the price for the last 2 months is almost the same, but this is an opportunity a good one to buy.

[globalpain]

Bitcoin is still at a price of $ 26k and it is possible that there is potential to go up if you look at the 8h chart,
but in May this is a possibility that a correction can also occur because many people want Bitcoin to be cheap before the bull run arrives,
remember that June 1st Hong Kong has also allowed retail to buy cryptocurrency, it means that the market will revive and the effect will be positive.

[Joshapat]

If we pay attention to the trends that have occurred since March it seems that bitcoin will not rise in the short term, maybe after summer or another 2 months the price can rise again because many investors are still waiting for the economic and political situation to improve, and when the price is on the floor then the best thing is to keep buying.

[wmaurik]

After March the price reached $30k making me very sure that the price will continue to rise until the end of the year, unfortunately the market stopped and continued to decline, price movement since the last 2 months can be said to be non-existent because the price for the last 2 months is almost the same, but this is an opportunity a good one to buy.

Hopefully on this day the price of Bitcoin can increase again to close to the $30K range again so that there is a little stimulus to the intention of many people to continue to buy more Bitcoin in the next two months. Because as long as there is still supply and demand for Bitcoin in the market and there is no bad news that can destroy Bitcoin's moment to increase again, Bitcoin's price movement will never stop. Although over the years everyone has seen more dips and small increases over a short period of time, and I think that is a very common thing in the market, especially in Bitcoin.

[barisbilgili]

After March the price reached $30k making me very sure that the price will continue to rise until the end of the year, unfortunately the market stopped and continued to decline, price movement since the last 2 months can be said to be non-existent because the price for the last 2 months is almost the same, but this is an opportunity a good one to buy.

Hopefully on this day the price of Bitcoin can increase again to close to the $30K range again so that there is a little stimulus to the intention of many people to continue to buy more Bitcoin in the next two months. Because as long as there is still supply and demand for Bitcoin in the market and there is no bad news that can destroy Bitcoin's moment to increase again, Bitcoin's price movement will never stop. Although over the years everyone has seen more dips and small increases over a short period of time, and I think that is a very common thing in the market, especially in Bitcoin.

I have no doubt that Bitcoin can reach back to $30K in the near future and regarding the right time to buy Bitcoin I think now is also the right time, if you look at the movement of Bitcoin prices throughout this year, it seems that there has been no significant decrease, instead an increase has occurred slowly and from the overall more positive trends that have occurred this year, as currently there is a correction, of course, the right time to buy bitcoin.

[fzkto]

If we pay attention to the trends that have occurred since March it seems that bitcoin will not rise in the short term, maybe after summer or another 2 months the price can rise again because many investors are still waiting for the economic and political situation to improve, and when the price is on the floor then the best thing is to keep buying.

Bitcoin is not about quick profits. There is no need to consider short term investing. If you want fast money, good luck finding a new meme. Bitcoin is at the bottom right now, but you have to have the patience to profit from it in a few years. Every year people wish they had bought bitcoin a few years ago.

[JoyMarsha]

It is believed that investing in bitcoin during a bear market will yield the greatest returns when a bull run eventually begins. If someone has a long-term goal investment plan, there is no specific point when their bitcoin investment will not be profitable.

The current state of the bitcoin market is considered to be a corrective period during which you can use a DCA approach to gradually withdraw profits up until the market bull run begins to take hold.

[justdimin]

I have no doubt that Bitcoin can reach back to $30K in the near future and regarding the right time to buy Bitcoin I think now is also the right time, if you look at the movement of Bitcoin prices throughout this year, it seems that there has been no significant decrease, instead an increase has occurred slowly and from the overall more positive trends that have occurred this year, as currently there is a correction, of course, the right time to buy bitcoin.

I do agree that we are seeing something that isn't really that much of a big deal for the time being. I understand that people are going to be a bit against it and a lot of people are afraid of what's to come and they think we are going to lose money. But I do not agree with that, I think it is obvious that we are going to end up with a loss, it is just not going to happen.

Most of us know that the price will go back up and it will be a great period to come in the near future, not only we will go above 30k again, but we are going to end up with much higher price after that as well. I can see that in the next 365 days, we are going to break over 50k without a doubt. This is why I keep buying, been buying for a while and will keep doing that for a while longer.

[Tony116]

-snip

I can see that in the next 365 days, we are going to break over 50k without a doubt. This is why I keep buying, been buying for a while and will keep doing that for a while longer.

Prices rise and fall over the next 365 days is unpredictable, you should not be sure of anything. But I assure you that the bear market will not last forever, so take advantage of this bear market to buy and accumulate all our possibilities. Because when the bears pass, we will no longer have the opportunity to buy bitcoin for 26k, 30k, or even 40k. I still remember when bitcoin dropped to 3k in 2018, I was scared and didn't buy bitcoin at that time, and as we have seen, we will never, never see bitcoin for 3k anymore. The $30k price will be the same, if we don't buy now, we will buy bitcoin at a higher price and maybe $50k or $100k next bull season.

[boltz]

If you buy at as investment , yes , there is always a good time to buy bitcoin. If you buy it as a quick access to get rich ...then , I'm afraid Bitcoin and cryptos in general are not suitable for you.

For me , I buy Bitcoin always when I afford it and I never go in FOMO mode. This year seems the best year to try and accumulate as much as you can in case the next year the big bull run will occur. 

[CageMabok]

If we pay attention to the trends that have occurred since March it seems that bitcoin will not rise in the short term, maybe after summer or another 2 months the price can rise again because many investors are still waiting for the economic and political situation to improve, and when the price is on the floor then the best thing is to keep buying.

The economic and political situation will always have turmoil in this world because the economy and politics are two things that are always liked by many people because through this sector the circulation of money is always more so that the turmoil is always there. Even so, investors will still buy more when they see that Bitcoin is already at a lower price because in addition to targeting large profits, investors also often target low prices on Bitcoin because that is the most important part for those who invest in the long term.

Bitcoin is not about quick profits. There is no need to consider short term investing. If you want fast money, good luck finding a new meme. Bitcoin is at the bottom right now, but you have to have the patience to profit from it in a few years. Every year people wish they had bought bitcoin a few years ago.

New memes also won't guarantee someone to make money quickly because now there are also many new memes that are not able to grow and don't get a significant increase in price after being launched into the market. So the wiser choice in this case will still lead to Bitcoin even though it won't be profitable quickly in a short time, but Bitcoin can always be better than any new meme which sometimes has absolutely no price.

[fzkto]

If we pay attention to the trends that have occurred since March it seems that bitcoin will not rise in the short term, maybe after summer or another 2 months the price can rise again because many investors are still waiting for the economic and political situation to improve, and when the price is on the floor then the best thing is to keep buying.

The economic and political situation will always have turmoil in this world because the economy and politics are two things that are always liked by many people because through this sector the circulation of money is always more so that the turmoil is always there. Even so, investors will still buy more when they see that Bitcoin is already at a lower price because in addition to targeting large profits, investors also often target low prices on Bitcoin because that is the most important part for those who invest in the long term.

Bitcoin is not about quick profits. There is no need to consider short term investing. If you want fast money, good luck finding a new meme. Bitcoin is at the bottom right now, but you have to have the patience to profit from it in a few years. Every year people wish they had bought bitcoin a few years ago.

New memes also won't guarantee someone to make money quickly because now there are also many new memes that are not able to grow and don't get a significant increase in price after being launched into the market. So the wiser choice in this case will still lead to Bitcoin even though it won't be profitable quickly in a short time, but Bitcoin can always be better than any new meme which sometimes has absolutely no price.

Probably successful meme coins have cycles. In 2021 it was Shiba, this year it was pepe. Probably the next similarly successful but useless project will happen again in a few years. I just gave an example of how fast profits can happen with altcoins, but of course there is a huge risk. Bitcoin is a different kind of investment.

[YUriy1991]

It seems Yes and at the moment while BTC is still the best in my opinion and More and more individuals are entering the market during the next bull run. But I'm also a little confused about the habits of buyers, do we always have to get used to buying BTC at high prices, while the market is in a state of giving buyers more opportunities. oh. I also want to say New CME gap will be formed at ~26750$.

[Wend]

But I'm also a little confused about the habits of buyers, do we always have to get used to buying BTC at high prices, while the market is in a state of giving buyers more opportunities.

I also find this true, this is the habit of many people, they refuse to buy when they see bitcoin drop and say they will buy when the price goes lower, but they still never buy when the price drops further. But as soon as bitcoin rose, they rushed to buy in a frenzy for fear of missing the train.

Not stopping there, many people don't even own too much bitcoin but always want the bull market and bitcoin to hit a new ATH. I'm really confused about what those people are thinking because if they don't have a lot of bitcoins, what will they earn when they hit the new ATH?