When to buy one time off bitcoin.

[uchegod-21]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

[Nwada001]

Bitcoin halving is just there to aid price impact; it's not necessarily the major reason for price increase; it's just that Bitcoiners have so much faith in Bitcoin halving and the role it will play in reducing the total supply, but bit by bit. So price increases can happen anytime, even before the halving or some days after the halving; it all depends on how positive people are towards them. I guess the last halving triggered a bull run roughly just a day later by 15–18% (just an assumption).

So next year, which is to make it the 4th year after the last halving, the price increase can just happen on or before it. If you really don't want to miss the bull run, I advise you to start accumulating as much as you can and not just wait to know the exact time the price will pump up. 

[Tytanowy Janusz]

Man. Its 1 min google search:


https://www.coinmama.com/blog/the-bitcoin-halving-a-history/

Just type "BTC halvings on bitcoin chart" in google search, and you will find a lot of such charts.

But to be honest, BTC halving is a bit of an overrated singal to buy. Adoption and economic turmoil are having a much stronger impact on the price than 4th halving.

[tabas]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

Give it an estimate for months to a year. That's when the bull run likely is going to happen but then, this is bitcoin that's all volatile and we're just relying on the cycle. But then, we don't know exactly when it shall because the trend could change unexpectedly and that cycle could or could not be followed.

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Possible and if you don't like to do DCA then set a price when you should buy and that's the one that must be followed then. If so, while the price may increase in the near future, that's the reason of setting a low price that you think is totally fine to start buying.

[thecodebear]

OP if you just want to make a single Bitcoin purchase you should be buying right now. You don't want to wait.


The bear market just ended a month ago, so very little chance it goes down from here. Especially since it is correcting a little bit right now. This week / next week may very well be the lowest it ever is from here on out.

Within a few months it'll probably be in the $35k-$40k range. A year from now when the halving happens it'll likely be double the current price or maybe even higher.


If you want to only buy once and try to get the lowest price the only intelligent answer is to buy right now because the bear market just ended so the price will in general be going up from here on out. Within a few weeks the price may never be below $30k again, and it is currently just under $28k. So buying today would be just about as good as you can possibly do.

[serjent05]

It is quite hard to choose the right time to buy but I would agree with @thecodebear, now is the right moment since we do not know what will happen later, there is a possibility of the price uptrending and never touching the current price again. 

DCA is the most reasonable approach but since you don't want to DCA then you should take the risk of buying it either now or accept the consequence of buying at a higher price in the future.

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

No one knows precisely but and we have here is just speculation

[pawel7777]

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Each halving will have much less impact than the previous one, and if things rarely pan out the way that everyone expects them. After all, if we could predict such things with 100% - we'll all be rich - and that's impossible,

No one has a crystal ball to answer your question, but if you're confident that bitcoin will go up again and will at least reach its previous ath, then waiting for the potential dip makes little sense. You could buy now and still enjoy great gains if your prediction comes true. Waiting for the dip could backfire. Don't try to time the market perfectly, that's not possible.

[Ndabagi01]

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Perhaps you've read or seen discussions on this forum regarding bitcoin heading for another bearish trend before a correction and the next surge. These are all wild speculation, and you never know what will happen next. Just as the way bitcoin is volatile, so people speculate without certainty, and some of their predictions turn out to be incorrect.

So next year, which is to make it the 4th year after the last halving, the price increase can just happen on or before it. If you really don't want to miss the bull run, I advise you to start accumulating as much as you can and not just wait to know the exact time the price will pump up.

Since the OP likes to avoid DCA and make a one-time purchase, accumulating from now will be conflict with his preference for a one-time purchase. He simply wants to know the best time to buy before the bull run. Because he's avoiding DCA, now is the moment for him to make that one-time buy. Although the price may rise or fall, there is no better time to invest than when you have the finances.

[Rigon]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

The Bitcoin market may not return to $20,000 again. Because we are heading into bull season. Actually my bitcoin invested in high market. I am slowly moving towards recovery. I currently have no deposits to invest in the high market. If I had the money right now I would buy bitcoin and invest it. I used to invest based on the current market. I used to invest and wait for a long time until the market halving. I would never miss this ample opportunity.

[romero121]

I'm not sure, but the market is supposed to experiment the $20k margin close to the days of halving. It is something assured that the price of bitcoin will reach the peak price during the days of halving and we can't be sure when this happens exactly. OP doesn't want to go with the DCA strategy, maybe waiting for some time period seems to be the better choice.

If the price reaches the top during the months before halving, then the halving needs to push the price to next level. For which there used to be drag down and further growth in the market. Maybe on such occasion one can buy Bitcoin.

[Dave1]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

That is the big question, we never really know if it will drop to $20k or just continue to march on $30k+ although we just had some minor corrections right now. As far as my experience goes, it usually take months after the halving that we can see the price going up parabolic and make that tremendous gain.

For 2020, we start the year at $7k and then finished as around $29k give or take. So that is 300% increased on the halving year alone. Not counting the eventual all time high of $69k in 2021 November.

[CarnagexD]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Bitcoin halving only gives you one side sentiment which is a positive impact on the movement of its price and according to you is a possibility of next bull run. If you want to be precise, have more confluence such as market correlation, fundamental analysis, htf chart analysis, medium and high impact news, and seasonal tendencies.

Not only that, be clear and honest of why do you want to engage in the market.
As what I am seeing, you are asking where you can buy in lowest price and sell in the highest high for the most probable profit, which is absolutely foolish. That's not a plan.
A plan must exist how much you allow your self to lose money, how long can you afford to be in drawdown, what RR will take profit and partials.
And as always accept the risk.

You are here to make money, and not to be right in your analysis. Understand the difference and act accodingly.

Man. Its 1 min google search:


https://www.coinmama.com/blog/the-bitcoin-halving-a-history/

Just type "BTC halvings on bitcoin chart" in google search, and you will find a lot of such charts.

But to be honest, BTC halving is a bit of an overrated signal to buy. Adoption and economic turmoil are having a much stronger impact on the price than 4th halving.

As I said there are much more things that impact price movements, the halving is only one of those. Wars, new electronic money, epidemic, market narrative, seasonal tendencies. Plan ahead. Don't gamble.

[Minor Miner]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

A real bull run will only happen sometime after the halving, the bulls don't appear immediately or before. If I remember correctly, a year after the halving, real bulls will appear. There is no exact time for you to buy bitcoin, and if you didn't buy bitcoin when it hit $15k last year, I could say you missed the bottom, missed bitcoin's lowest price. Not only you, but all of us want to buy at the lowest price to enjoy the highest profit, but unfortunately, no one knows where the bottom is and which is the top until it passes.

[STT]

I think the biggest most obvious test would be to retract and reconfirm the break above the 200 week average.   So we beat that inertia holding us back and once again as is true for most of BTC history the 200 week average lies below us.  However we might revist that area, for now we are at the 50 day average and I think thats enough for this month at least and we'll find some positive action here.   All we can do is judge the price as it occurs relative to historic volume but my most bearish view is along the lines of returning somewhere to the 200 week average and establishing the bottom pricing there as a higher low then we progress.

[Wexnident]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Afaik it happens a couple of months to a year after the halving itself? There's probably going to be some movement towards the start to at least the end of the year, but it may vary since even if we use the past as a reference point it isn't exactly a guarantee, so you can only move as you assume and see by then really. I'm thinking we won't really be going below $20k again, unless something big happens again, the drop in the price right now is kind of a correction afaik as the price jumped from 25 to 28 to 30 the past few months instead of a gradual one.

Your fears of missing out can only be resolved by DCA since no one exactly knows what's going to happen, but seeing as you don't want to for some reason, can only risk an entry at some point, maybe a few months before the halving (end of the year)?

[Tytanowy Janusz]

But to be honest, BTC halving is a bit of an overrated signal to buy. Adoption and economic turmoil are having a much stronger impact on the price than 4th halving.

As I said there are much more things that impact price movements, the halving is only one of those. Wars, new electronic money, epidemic, market narrative, seasonal tendencies. Plan ahead. Don't gamble.

Thats what I said in the last line of my post. Especially though first halving reduced inflation from 25% to 12%, second one from 9% to 4,5%, Third halving from 4% to 2%. 4th halving will reduce inflation from 1.5% to 0.7% which is a negligible change compared to the other side of the coin - inflation on Fiats, which ranges from 5-20% depending on the country, not to mention countries such as Argentina, where inflation exceeds 100%

[irhact]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Judging from pasted experience, we usually have two types of fomo, the first fomo happens few weeks to the halving date, Bitcoin price will increase as people won't what to miss out thinking the price will pump high immediately the halving is over. Usually projects tends to pump towards an event date in the cryptocurrency market and Bitcoin itself is no exception.

After the halving, a correction in price happens as people get disappointed as Bitcoin wouldn't pump as they expected and also the corrections happens as a result of traders taking profits for the gains they have made leading to the halving date. The real bull market starts a year after the halving which is 2025.

[jrrsparkles]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

I just happens anyways so there is no particular order or something like that when Bitcoin halving and bull trend but it has been used as a drive word to push the prices further or it just happens naturally but to my best of my knowledge we are already in the bull trend cause months back it hit $15k but now it's around 30K which itself a sign that bull run began already so we may see the correction hereafter but it's started already.

[hugeblack]

Fear of buying and trying to buy at the cheapest price will end up that you never buy, because u believe that there will be an opportunity to buy bitcoin at a cheaper price and that price may not be cheaper again.


Sad story:

Think about it when the bitcoin back to 20K, many did not buy then back to 16k and people did not buy from them cuz the price will be 10k and then suddenly the price returned to 30K.

Stop fear and buy by 30% and buy more with any new deep, and so on, DCA's strategy is good in your case as well.

This is not an investment advice.

[pawel7777]

Thats what I said in the last line of my post. Especially though first halving reduced inflation from 25% to 12%, second one from 9% to 4,5%, Third halving from 4% to 2%. 4th halving will reduce inflation from 1.5% to 0.7% which is a negligible change compared to the other side of the coin - inflation on Fiats, which ranges from 5-20% depending on the country, not to mention countries such as Argentina, where inflation exceeds 100%

Out of curiosity - how did you calculate these inflation rates for Bitcoin?

And shouldn't we also be looking at the actual fiat price rather than just looking at percentages? i.e. for 50 to 25btc halving, if the price was at $100, - that's $2,500 per block less needed to keep the price at the current level. For 6.25 to 3.125 halving (with $30k per bitcoin), that's $93,750. Depending on the volume and number of bitcoins available for sale, this could have a bigger impact than the percentage figure alone indicates.

And, as always, there are psychological factors as well, i.e. expectations of repeating cycles. People start buying because they expect other people will start buying.

As for fiat inflation, sadly, Bitcoin is yet to prove itself as a good hedge against that.