When to buy one time off bitcoin.

[GeorgeJohn]

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?

At this point you don't need to wait for bullrun to occur before you purchase bitcoin, because from my understanding and experience in bitcoin, theirs no time you purchase bitcoin for investment is not best time, except that your motive of investing in bitcoin is for short term,  its people who is into short term investment of bitcoin is always determined or curious to know if during bitcoin halving and bullrun time will determine their profits for the Investment, let us not confused ourselves over bitcoin investment, its quite right you can invest in bitcoin whenever you have the capital to invest, its doesn't matter if bitcoin is in the state of degradation or in the state of acceleration in price. Invest and allow the rotation or nature of the market to give results, either positively or negatively, that's while it's encouraging to use a spare money to invest bitcoin to avoid panicking towards the investment.

[pawel7777]

because from my understanding and experience in bitcoin, theirs no time you purchase bitcoin for investment is not best time, except that your motive of investing in bitcoin is for short term,

Really? Was buying at the ath of $68k the "best" time as well?
I get it, we are on the Bitcoin forum and (almost) everyone is pro-bitcoin, but let's not get detached from reality. Buying in at something that looks like a potential peak is not a smart move even if you're here for the long run. There's no guarantee that ath will keep getting higher every cycle or that cycles will keep repeating themselves as they did in the past. That's impossible.

[Joshapat]

The price of bitcoin will always fluctuate, there is no history that in a month or 30 days the price continues to rise without any decline, this is of course a good opportunity for us to get profit at any time, there is no good time to buy, but if we buy immediately then this gives us the opportunity to get profit.

[pawel7777]

there is no good time to buy

Of course there is. The problem is, we don't know for sure whether the present time is a good time to buy, we can only judge that in retrospect, when it's in the past. But that doesn't mean that good time does not exist.

but if we buy immediately then this gives us the opportunity to get profit.

And if we don't buy immediately, there won't be opportunities for profit? DCA has proven to be a good tactic and it doesn't require buying in immediately.

[EarnOnVictor]

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?

It seems you are reasoning like me, I'm so curious these days in preparing for the 2024 drama. Nonetheless, my advice for you is to learn how to study your Bitcoin chart very well, all the answers you need are there. I recommend you use both weekly and monthly charts for effective studies.

Still, let me try to answer your questions:

No one yet knows the exact date of the 2024 halving or promises the same reaction, but judging by what happened in the last one, the pump started in April (a month before the halving). I guess it was due to FOMO, but was never significant like what started in October of the same year. There are months that ended bearish before the October pump that lasted till 2021.

This calls for wisdom, one should have started buying as early as April or even March and leave it for at least 9 months.

 

[sana54210]

It seems you are reasoning like me, I'm so curious these days in preparing for the 2024 drama. Nonetheless, my advice for you is to learn how to study your Bitcoin chart very well, all the answers you need are there. I recommend you use both weekly and monthly charts for effective studies.

Still, let me try to answer your questions:

No one yet knows the exact date of the 2024 halving or promises the same reaction, but judging by what happened in the last one, the pump started in April (a month before the halving). I guess it was due to FOMO, but was never significant like what started in October of the same year. There are months that ended bearish before the October pump that lasted till 2021.

This calls for wisdom, one should have started buying as early as April or even March and leave it for at least 9 months.

I would guess that April or may will be the month, there is no "exact" but that is as good as it gets. It means that we have about a year left, and you could start buying right now, since we do not need the exact date and hour when that will happen, we could start buying right now, that should not really be an issue.

I hope that people would realize before it's too late that they could invest into bitcoin without a worry, and they could make a profit next year after the halving as well, all they have to do is buy right now and hold until next year and maybe a bit more after that if they want more profit, but that's about it. I think it is important that people keep forgetting about how they could make a profit, and they keep questioning when they should get in, it's today, you should get in today.

[Ojima-ojo]

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?

Fact is no one is certain as at when the next bull market will happen even after Bitcoin halving, so no one can tell you if it will be bull in one week after halving or one year after the halving but one thing you should know from the economic point of views about Bitcoin halving is.

Bitcoin halving means the block size will be decreased meaning the total number of Bitcoin given as rewards to miners and in circulation will be reduced, and so since scarcity equals an increase in value so that is why Price increase is always expected after every halving since the supply will reduce thereby making bitcoin scarce.

But how and when the demand will sore that will force the price of Bitcoin to increase thereby leading to ATH still remain unknown to all of us.

But if you ask me, the best time to buy Bitcoin is when the price is low and that is buying any significant dip before the halving.

[STT]

Theres a good sequence of higher lows and till the last month or so higher highs.  However we've been held back in a fairly clear way, its not possible to know for certain if its due to break upwards or weakness will appear.   We have pulled back some and then recovered higher, I would guess we are positive and able to continue to do so however the whole year I did not think will register as an outstanding bullish year.

This is quite stagnant in summary though we moved, the resolution was sideways which was my view for 2023 not negative but alot of work to be done in working through volume from prior years it cannot be forgotten only revised.

[Sir Legend]

Many people say and hope they will buy a large amount of bitcoin if the price they say is reached, for example when the price is $ 25k we hear that many people will buy 10 btc when the price is below $ 20k, but when the price is $ 20k they are afraid because the price will continue to fall so they delay again, this type of investor will never invest in bitcoin and only make price predictions.

[pawel7777]

Many people say and hope they will buy a large amount of bitcoin if the price they say is reached, for example when the price is $ 25k we hear that many people will buy 10 btc when the price is below $ 20k, but when the price is $ 20k they are afraid because the price will continue to fall so they delay again, this type of investor will never invest in bitcoin and only make price predictions.

That's so true. The psychology of an average armchair investor is full of flaws. We like to think of ourselves that are actions are logic-based but the reality is we're primarily driven by basic emotional instincts like fear or greed.
I'd add to that that people are often just too afraid to pull a trigger and take actions and will search for excuse (i.e. waiting for the "right" price) to delay making a decision and executing it.

[BobK71]

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?

Although DCA is a good method for the purchase of Bitcoin. However, since you do not want to follow this strategy, you must take a risk. Because no one is sure when the price of Bitcoin will fall and when it will rise. In that case you have to take the decision in a specific range. If you do not follow the DCA, it won't be too much to be a problem if you invest for the long term. In this case I think the current price is not bad either. It is better to buy bitcoin from $28K to $30K. Though there may be some changes in the price because of Volatility, there is nothing to worry. Expecting the purchase of Bitcoin $20k or below is not worthy according to the time.

[Furious 7]

The price of bitcoin will always fluctuate, there is no history that in a month or 30 days the price continues to rise without any decline, this is of course a good opportunity for us to get profit at any time, there is no good time to buy, but if we buy immediately then this gives us the opportunity to get profit.

This is something that must be realized because the concept of buying at a low price and selling at a high price is also not as beautiful as imagined, so it is clear that momentum must be utilized.
The momentum has been there since the last few years and even we were given more discounts when we were at $ 15k before so indeed when talking about the best time actually I still feel that any opportunity when we have more money especially when bitcoin is experiencing a correction is something good .

But on the other hand it depends on the people who are here as well because there are indeed different understandings of the best time, such as some who wait quite a long time for a low price as desired, some take advantage of the momentum when prices experience corrections and add to their portfolios and there is also a DCA.
Everything is not wrong because they have their own vision.

[ilovealtcoins]

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?

Historically, bull runs occurred a year after the halving, whether things will change or not is unknown. If history repeats itself, you still have a buying opportunity. Because in 2019 bitcoin also recovered quickly but still ended up falling to $4k and causing the altcoin market to almost die. But gradually accumulating is also a good idea, why not like it?

[Swordsoffreedom]

because from my understanding and experience in bitcoin, theirs no time you purchase bitcoin for investment is not best time, except that your motive of investing in bitcoin is for short term,

Really? Was buying at the ath of $68k the "best" time as well?
I get it, we are on the Bitcoin forum and (almost) everyone is pro-bitcoin, but let's not get detached from reality. Buying in at something that looks like a potential peak is not a smart move even if you're here for the long run. There's no guarantee that ath will keep getting higher every cycle or that cycles will keep repeating themselves as they did in the past. That's impossible.

The ultimate goal when investing in bitcoin is profit, when and at what price is extremely important, so I also disagree with saying that there is no best time to buy. If we bought bitcoin for $69k last year, we most likely won't lose money when the next bull season comes, but we won't be profitable either, and that's a real waste of time and money. As for me, I'm still accumulating bitcoins, but when the price crosses $50k or nears the old ATH, I'll stop buying and wait instead of buying regardless because the future is unpredictable, including bitcoins.

[Oasisman]

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?

Although DCA is a good method for the purchase of Bitcoin. However, since you do not want to follow this strategy, you must take a risk. Because no one is sure when the price of Bitcoin will fall and when it will rise. In that case you have to take the decision in a specific range. If you do not follow the DCA, it won't be too much to be a problem if you invest for the long term. In this case I think the current price is not bad either. It is better to buy bitcoin from $28K to $30K. Though there may be some changes in the price because of Volatility, there is nothing to worry. Expecting the purchase of Bitcoin $20k or below is not worthy according to the time.

OP was looking to enter below $20k which is more likely we're not gonna see it while we are fast approaching the Bitcoin halving. I would always suggest the DCA method if he wants to maximize the opportunity to buy at a lower price if not closer to the bottom. Now, if I'm in OP's shoes, realistically $25k is a much safer choice if I want to purchase 1 Btc all at once, otherwise I'll gonna miss everything till the next Bitcoin halving.
Bitcoin may take a dive between June and August, but it's not guaranteed though.

[Wong Gendheng]

Bitcoin investment is a very good and profitable thing, we have the opportunity to get a big profit if you dare to take risks by buying, if we want to buy in large quantities, then I suggest storing in the private wallet, trust wallets on Android are good wallets because they provide private Key so that we can control the full bitcoin that we have.

[South Park]

OP was looking to enter below $20k which is more likely we're not gonna see it while we are fast approaching the Bitcoin halving. I would always suggest the DCA method if he wants to maximize the opportunity to buy at a lower price if not closer to the bottom. Now, if I'm in OP's shoes, realistically $25k is a much safer choice if I want to purchase 1 Btc all at once, otherwise I'll gonna miss everything till the next Bitcoin halving.
Bitcoin may take a dive between June and August, but it's not guaranteed though.

The OP missed their chance to buy at that price and with this in mind they need to adjust their strategy, now a price below 25k is more realistic but even then it is difficult to know if we will get to those levels soon, as each month that passes in which this does not happen the possibilities of this occurring at all drop as the halving is getting closer, so this means there is a very real possibility 28k is the best price the OP can hope to get, and if they do not invest now then they will have to once again adjust their strategy and buy bitcoin for an even higher price.

[Questat]

The ultimate goal when investing in bitcoin is profit, when and at what price is extremely important, so I also disagree with saying that there is no best time to buy. If we bought bitcoin for $69k last year, we most likely won't lose money when the next bull season comes, but we won't be profitable either, and that's a real waste of time and money. As for me, I'm still accumulating bitcoins, but when the price crosses $50k or nears the old ATH, I'll stop buying and wait instead of buying regardless because the future is unpredictable, including bitcoins.

A reason why we have this market analysis is to have some idea of when to buy and when to sell. Assuming that there is no best time to buy Bitcoin but at least buying it at a low price is more profitable compared to buying at a high price when both of them are sold at the same price. If we really have a long market experience, we certainly have the idea of when is the perfect time to buy and I would say that we still have time left before halving so probably this year is just our best chance to accumulate Bitcoin as next year it would be possibly expensive already.

[gunhell16]

At the current price of Bitcoin, I think buy it now, and if it goes down again buy again, it's as simple as that. Then, with each sale you just hold until the bull run comes.

Now, regarding your question, if whether it will go down to 20k$ again, the answer is Yes, there is no specific time and day when and it may not depend on the demand and game of Bitcoin whale holders. Because no one knows what will happen to its value in the future because everything everyone says here on the forum is just speculation.

[arimamib]

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 think if you use the DCA Strategy then you won't need to know when the price will drop deeper and when the price will go up more aggressively this year. Make purchases gradually every week before you really achieve a profitability in the future. I think next year's halving will trigger a significant price reaction, therefore we still have a chance to buy btc prices, in other words, below ATH.

I remember when the opportunity didn't come for the umpteenth time, so make the best of this opportunity to buy btc with the strategy you applied. Buy and hold until the halving arrives even if you hold for the long term so it's better for you to do it from now on.