Is buying BTC now, the best option ???

[ajiz138]

By buying the lump sum method, you really have to be able to identify market trends because even a slight decrease is worth the bitcoins you get, but if you do it with DCA, you don't need to do it that way DCA only needs to be consistent every week/month because there will be an accumulation of prices at an even average, but it depends on the strategy they want.

DCA is a useful strategy especially when you expect price to grow over time but are not sure will the price be moving in cycles. But historically speaking, those who were aiming to buy only during the dips (or what looked like a possible dip) note better results than those doing the DCA. Of course buying the dips require more analysis, but it's not like you have to time the market perfectly. Sometimes all it takes is to avoid buying at what looks like a peak of the hype, or just buy when moods are low.

Yes, I think with the DCA strategy, I expect it to grow from time to time, but I only look at the history of the 4 year cycle, so I think it would be very appropriate if we do DCA for 4 years.
I know that dips are buying dips and we have to understand about normal market movements when there is a dips that lead to crashes it's the right time to buy dips when it's the most appropriate moment, but I can't do that because from a financial point of view at mine I just prefer DCA even if it's small at $10 but at least bitcoin holdings grow weekly and don't need to buy dips for some other reason.
With a note by buying dips I think it's a good result they buy every dips they just need to manage their time and finances to be ready when the market crashes again.

[pawel7777]

Yes, I think with the DCA strategy, I expect it to grow from time to time, but I only look at the history of the 4 year cycle, so I think it would be very appropriate if we do DCA for 4 years.
I know that dips are buying dips and we have to understand about normal market movements when there is a dips that lead to crashes it's the right time to buy dips when it's the most appropriate moment, but I can't do that because from a financial point of view at mine I just prefer DCA even if it's small at $10 but at least bitcoin holdings grow weekly and don't need to buy dips for some other reason.
With a note by buying dips I think it's a good result they buy every dips they just need to manage their time and finances to be ready when the market crashes again.

But if you're hoping that Bitcoin's price movement will remain cyclical and we'll still have the 4-year cycles in the future, and if you intend to do the DCA for 4 years and then (I assume) you intend to sell - then wouldn't it make much more sense to (at very least) apply some sort of DCA/buy-the-dip hybrid strategy, where you either:
- make regular DCA purchases but only in periods when Bitcoin is cheap (according to the 4-year cycle metrics), or
- keep making regular purchases throughout the entire 4-year period, but increase $ amounts when BTC is trading low and decrease when it's high.

Sounds like the only argument for doing the classic DCA is just convenience.

[AnonBitCoiner]

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?

Purple refuses to buy bitcoin when price goes down because they are in fear of losing money but they forget that this is actually an accurate time to buy bitcoin. Buying at higher cost is not a suitable way of earning or making profit and those who are already in fear of losing money should avoid buying at higher cost.

I think that those who have little amount of bitcoin  should must wait for higher cost because it does not matter that you have little or larger profit but profit is achievement and this little profit will continue of way of making greater profit by utilizing little sum and profit.

[Mr.suevie]

    -   If you are a long-term investor, yes, it is time to buy Bitcoin now in the market then hold. Do DCA as much as you can, because this is the only effective way to accumulate Bitcoin little by little while there is no bull run.

The only important thing is to position yourself as long as the bull run is far away, we still have a few months before the bitcoin halving arrives and at least you definitely have holdings that can give us a profit for sure today.

Well I will agree that now is the best time to buy but I don't think it will be solely based on the halving that is fast approaching, why? Yes because the whole volatility of bitcoin is actually hard to tell when this suspected bull might come around but due to events that have transpired in previous halving almost everyone in the crypto space expects that we might hit a bull run by then but this question alway runs in my mind and the question is what if this time around the events that follows the halving went against the pump of BTC?.

[Mario Yamasaki]

The best strategy for success and getting maximum profit is to buy when it's cheap, many experts suggest to buy now before the price skyrocketed, and if we compare it with the highest price that has happened, of course the best option now is to continue to buy, the best time has come and don't ever ever forget it.

[19Nov16]

Today the price rises more than 10% and it seems that this week the price will touch $ 30k, I'm sure many are sorry when a few days ago the price is around $ 25k, and in my opinion we are not too late to buy because the potential price will continue to rise.  If we wait, we will regret it because the price will be more expensive.

[KiaKia]

Bitcoin price is surging today and many people are so excited about the pump, if you have long traded Bitcoin a day ago using futures trading, you are already in very good gains right now, but my advice is there is always a room for correction, Bitcoin will one time correct itself when it pumps so high, do not forget that we are in a bear market still, so we can still drop again.

Those who are expecting Bitcoin to go lower are seeing what is happening right now, you are seeing this opportunity right in front of you, but your greedy desires won't let you DCA, do not worry, more opportunities will show up in this very 2023, but once this year is gone, you will know that you've missed the bull train, all you will have to show is regrets.

[Mahanton]

Bitcoin price is surging today and many people are so excited about the pump, if you have long traded Bitcoin a day ago using futures trading, you are already in very good gains right now, but my advice is there is always a room for correction, Bitcoin will one time correct itself when it pumps so high, do not forget that we are in a bear market still, so we can still drop again.

Those who are expecting Bitcoin to go lower are seeing what is happening right now, you are seeing this opportunity right in front of you, but your greedy desires won't let you DCA, do not worry, more opportunities will show up in this very 2023, but once this year is gone, you will know that you've missed the bull train, all you will have to show is regrets.

For those people who had bought around 26400-26800 are now definitely making up some profits considering it did make out some pump recently which that was the best time to buy and i was able to accumulate into that point considering that there are some extreme fear and hesitation towards the market due to too much negative news which i did presume that there might be some sudden u-turn of events despite of those extreme regulation FUDS on which its never been something new. Buying now? If you are going for long term then it wont really be an issue but if you are making some futures trading or making out some scalping
then expect that there would be some possible rejection on 30k point if it wont be able to sustain this level but who knows right? This is where risks management or taking would kick in.

[DanWalker]

 Buying now? If you are going for long term then it wont really be an issue but if you are making some futures trading or making out some scalping
then expect that there would be some possible rejection on 30k point if it wont be able to sustain this level but who knows right? This is where risks management or taking would kick in.

I don't trade futures, so I don't know anything about them and have no advice. But if we are long-term investors, we can buy now or wait because 2023 is not yet a real bull market. I think there will be many more corrections, and the opportunity for us to buy cheaper than current prices is still this year. But I advise people just to buy more, limit selling and wait for the price to fall back to buy because it's all guesswork, there's no guarantee the price will definitely fall again.

[wmaurik]

Today the price rises more than 10% and it seems that this week the price will touch $ 30k, I'm sure many are sorry when a few days ago the price is around $ 25k, and in my opinion we are not too late to buy because the potential price will continue to rise.  If we wait, we will regret it because the price will be more expensive.

Today the Bitcoin price has crossed $30K which is even closer to $31K, and in general this is an opportunity to take profits for those who bought at $25K in the past few days. I won't say about people who might regret being afraid to buy at $25K in the past, but I will just say that Bitcoin is a very tested asset to be owned by everyone with complete faith in the price increase. And today Bitcoin again proved to be able to pass $ 30K in a very extraordinary way, where the increase will probably continue again until the end of this month.

[pawel7777]

The best strategy for success and getting maximum profit is to buy when it's cheap, many experts suggest to buy now before the price skyrocketed, and if we compare it with the highest price that has happened, of course the best option now is to continue to buy, the best time has come and don't ever ever forget it.

I don't think there's a single person here who doesn't know that buying cheap and selling at the top will make you profit. The real question of this thread is to predict where will the price go in the short to mid-term future. Will we see another cycle, similar to those we've seen in the past? Is it going to drop even further, or have we already seen the bottom? etc.
What makes you think now is a good time to buy, and do you buy with a lump sum, dca or have other strategy?

[Nrcewker]

The best strategy for success and getting maximum profit is to buy when it's cheap, many experts suggest to buy now before the price skyrocketed, and if we compare it with the highest price that has happened, of course the best option now is to continue to buy, the best time has come and don't ever ever forget it.

Who said the maximum profit you can get from Bitcoins, when it’s price is cheap? If you keep on waiting for cheap price, then definitely you will miss the best price for which you should have got the coins. Bitcoins are limited in number, so it doesn’t at all matter what’s the price it is. Whenever possible, buy as many Bitcoins as you are capable of. It’s price will definitely go up, as the supply and demand factor plays an important role here. Bitcoins are limited in number, and the demand to acquire it increasing day by day, hence the price will go up always.

[kesmex]

The strongest support for the current bitcoin price is at $ 29k to $ 30k, currently it is still safe,
because the price is still above the support price, so if you want to buy bitcoin,
don't immediately use 100% of your capital because it is very risky, just accumulate it at a price of $ 29k or $ 30k by 20%.

[wmaurik]

The strongest support for the current bitcoin price is at $ 29k to $ 30k, currently it is still safe,
because the price is still above the support price, so if you want to buy bitcoin,
don't immediately use 100% of your capital because it is very risky, just accumulate it at a price of $ 29k or $ 30k by 20%.

Where's the risk? I need to know what the risk is you're referring to as well because at the moment the price of Bitcoin is still above $30K and I think people who really believe in the next price increase in Bitcoin will probably accumulate their capital much more than you say. As price support above $30K is still very strong and it is still making an impact on more buying in some quarters so a price increase to past $31K is very likely for Bitcoin even if it is not by the end of this month.

[ShowOff]

The strongest support for the current bitcoin price is at $ 29k to $ 30k, currently it is still safe,
because the price is still above the support price, so if you want to buy bitcoin,
don't immediately use 100% of your capital because it is very risky, just accumulate it at a price of $ 29k or $ 30k by 20%.

Where's the risk? I need to know what the risk is you're referring to as well because at the moment the price of Bitcoin is still above $30K and I think people who really believe in the next price increase in Bitcoin will probably accumulate their capital much more than you say.

Volatility is a risk, after all they can still buy with a better strategy like DCA instead of a lump sum.
I agree about investors' optimism about a higher price hike in the future, but don't ignore price volatility as it is always possible to find a correction in the bitcoin price. Less than 24 years ago, the bitcoin price dropped below $30k even if only for a moment. If investors don't buy with a lump sum, then surely they can accumulate more bitcoin with the same budget.

[RewFrew]

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?

I think this is high time to buy Bitcoin. After long time bear session we enter in bull market i think. Huge good news came and also coming for cryptocurrency market. So i think bull market started. Some days ago bitcoin price wes $24k now near about $31k and i think this up train will be continue. If it will continue after this year we will entire real bull market. And then Bitcoin price will hit new ATH i strongly believe it.

So i think Buying Bitcoin now is best. If anyone buy now he will be must benefited there has no doubt. If market go some down there has no problem, only need then hold.

[fzkto]

Buying bitcoin is always the right decision. Even if you buy bitcoin at a high price, in your opinion. You have to remember that almost every year people say it is too late to buy bitcoin, but after some years the price gets higher, so it is never too late to buy bitcoin. This is also a good time to buy altcoins. I think it is even more profitable now.

[Andrija Branislav]

Buying bitcoin is always the right decision. Even if you buy bitcoin at a high price, in your opinion. You have to remember that almost every year people say it is too late to buy bitcoin, but after some years the price gets higher, so it is never too late to buy bitcoin. This is also a good time to buy altcoins. I think it is even more profitable now.

That's normal sir. If the price goes up, everyone will regret it a lot. the one who regrets the most is the person who bought it at the highest price and has to wait for the minimum price to return to the price he originally entered. Yes. lost time. Now this is what makes many people more careful about entering the market and mostly wait and see and wait for the daily closing price.

[wmaurik]

Buying bitcoin is always the right decision. Even if you buy bitcoin at a high price, in your opinion. You have to remember that almost every year people say it is too late to buy bitcoin, but after some years the price gets higher, so it is never too late to buy bitcoin. This is also a good time to buy altcoins. I think it is even more profitable now.

Indeed, there is no need to consider it too late to buy Bitcoin, because those who bought it last month can still benefit this month. This means that the purchase should not be considered too late if the purpose is to expect profits through Bitcoin and if it is considered good to buy altcoins at the moment, I think it is also worth considering even though not all altcoins are good to buy. But if the choice is on some of the altcoins that are already popular, it is of course very good to make a purchase because the profits will also be there as long as the market doesn't crash.

That's normal sir. If the price goes up, everyone will regret it a lot. the one who regrets the most is the person who bought it at the highest price and has to wait for the minimum price to return to the price he originally entered. Yes. lost time. Now this is what makes many people more careful about entering the market and mostly wait and see and wait for the daily closing price.

I guess the only regrets are those who bought Bitcoin at the ATH price, but they also don't have to be sorry as long as they have the patience to wait for the high price to return to Bitcoin. Even though it does take time, it makes some people feel bored in waiting for the price to return to a higher level. But as long as they still believe in Bitcoin, I don't think they should regret that they still hold Bitcoin tightly in their wallets by not letting go at the current price.

[uswa56]

Buying bitcoin is always the right decision. Even if you buy bitcoin at a high price, in your opinion. You have to remember that almost every year people say it is too late to buy bitcoin, but after some years the price gets higher, so it is never too late to buy bitcoin. This is also a good time to buy altcoins. I think it is even more profitable now.

If you look at it as a whole in the long term it is very true because the Bitcin price has always been able to reach highs in several years and many people believe that it will happen again in the future therefore of course it can be said that anytime is the right time to buy Bitcoins.
But we also have to be observant in seeing opportunities, buy bitcoin when a correction occurs and that can be seen on the graphs of the last few months or weeks, currently Bitcoin is experiencing an increase in price and it has been quite stable in the last few weeks, if you buy Bitcoin to trade me I don't think it's appropriate except for investing in the future.
It all depends on future plans and there is the best time in between.