When to buy one time off bitcoin.

[19Nov16]

Early 2015 my first experience buying bitcoin was at coinbase, at that time they only accepted purchases via credit card and i bought 2 btc which i planned for cloud mining and gambling, at that time the price of 1 btc was around $235, of course if i hold on until now i can get a lot of profit.

[Texac]

I don't think you will find the answer to your question because we all know bitcoin is unpredictable that's why we have DCA strategy.  if you don't want to use DCA, it's hard to know when is the best time to buy bitcoin. but if you believe in history and if history repeats itself then this year's market will be like 2019's market.  that means we still have a chance of bitcoin falling below $20k again and possibly by the end of the year.  I'm not sure, but that's what happened in 2019 and 2020.

[Negotiation]

Investing in bitcoin will keep the faith and move forward no one knows exactly the right time to buy a cryptocurrency as volatile as bitcoin. There are different ways to approach your bitcoin acquisition and it depends on how much money you want to make and your risk tolerance rather than the timing of the purchase. Also, bitcoin halving significantly affects its price bitcoin price follows a logarithmic growth pattern. Buy and hold when it goes down and wait long term if you want to get a big profit.

[irhact]

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.

Those types of investors are very many in the market and we have all been guilty at some point because we postponed our investment because of been fearful of the market. Sometimes the price of Bitcoin can drop so fast that we begin to doubt if it'll be the best time to invest since we're scared of the price dropping further. When this doubt comes just buy and ignore it.

If you're too scared then you can DCA and that will make you not to miss buying if the price of Bitcoin falls lower. If you don't DCA then you might miss out the opportunity to buy some Bitcoin as the price mightn't fall again but continue rising and then you start blaming yourself.

[Semar Mesem]

I think the best strategy is to buy gradually, if we have monthly income or salary then leaving around $200 to buy bitcoin is a great thing, the future potential of bitcoin will continue to rise because of more and more adoption and development from many companies.

[kro55]

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.

Those types of investors are very many in the market and we have all been guilty at some point because we postponed our investment because of been fearful of the market. Sometimes the price of Bitcoin can drop so fast that we begin to doubt if it'll be the best time to invest since we're scared of the price dropping further. When this doubt comes just buy and ignore it.

If you're too scared then you can DCA and that will make you not to miss buying if the price of Bitcoin falls lower. If you don't DCA then you might miss out the opportunity to buy some Bitcoin as the price mightn't fall again but continue rising and then you start blaming yourself.

DCA is a very effective solution for bitcoin investment, that way we will never miss any low price, and also profit generated will be very fast, but I don't understand why OP doesn't like this there. Without using DCA, there is really no way to know when is the best time to buy bitcoin, a one-time purchase never works for a volatile asset like bitcoin. The halving is getting closer and closer to us, which also means that the bull season is coming, if we continue to delay buying bitcoin now, we will most likely miss the opportunity.

[lixer]

Early 2015 my first experience buying bitcoin was at coinbase, at that time they only accepted purchases via credit card and i bought 2 btc which i planned for cloud mining and gambling, at that time the price of 1 btc was around $235, of course if i hold on until now i can get a lot of profit.

I think we all will have those kinds of regrets forever in our lives if we have been early adopters of Bitcoin but never actually held on to the assets that we had in the past because we never really knew or expected Bitcoin to become so powerful and valuable in the future, though we believed in the technology, that was a different thing.

Just like you, I also had enough Bitcoins back in the day when the price was only around $400 but I never managed to save any of it and spent it all and now I regret that why I didn't hold any of the assets that would be worth too much by now.

[Ryu_Ar1]

Early 2015 my first experience buying bitcoin was at coinbase, at that time they only accepted purchases via credit card and i bought 2 btc which i planned for cloud mining and gambling, at that time the price of 1 btc was around $235, of course if i hold on until now i can get a lot of profit.

Well, with the current conditions of course it can be very multiplied but it has happened and can't be done anymore. regret is allowed but on the other hand it is also a good lesson.
I'm too new to bitcoin to give you advice but when something like regret like this happens I prefer this to be an experience and we know that conditions like that cannot be repeated when buying bitcoin at a very low price but now profits can still be taken by continuing to be in bitcoin and believing in it.
The most important thing in this case is that you have felt considerable regret before so of course the hope is not to do the same thing a second time.

[indah rezqi]

I think the best strategy is to buy gradually,

Not forever, I mean it really depends on market conditions. If in 1 day you see bitcoin down 10%, then buy as much as you want and it's still fine if you buy with your whole budget. Such a decline is just a response of traders to panic, but rest assured the price will recover after some time when many investors enter and buy low.

Buying in increments or maybe DCA is good, but only if you believe that prices are likely to drop lower than your first purchase price. There are times when you buy with DCA and there are times when you buy with a lump sum, so get to know those well instead of relying on just one buying strategy.

[Pierre 2]

It is nearly impossible to find perfect time to buy enough Bitcoin. Its chronic issue with investing in financial markets. You will never hit perfect time. So you shoud rather focus on accumulating at terrible market conditions. Remember when bitcoin was around 19-20k like a month ago or something. It was so cheap it was guarenteed to make profit there. So someone who bought around those levels made huge profits. We are in cheap price zone considering next year halving. But my own choice is below 25k. Its better to invest around that zone.

[South Park]

It is nearly impossible to find perfect time to buy enough Bitcoin. Its chronic issue with investing in financial markets. You will never hit perfect time. So you shoud rather focus on accumulating at terrible market conditions. Remember when bitcoin was around 19-20k like a month ago or something. It was so cheap it was guarenteed to make profit there. So someone who bought around those levels made huge profits. We are in cheap price zone considering next year halving. But my own choice is below 25k. Its better to invest around that zone.

Exactly, while buying at the very bottom is the perfect moment to buy bitcoin, how many people can actually buy at that price? Just as the top only lasts for a few hours, or even minutes, the bottom is the same as well, but as long as you buy an asset that has good long term prospects and you do so for a price way below the top and its average price then you are doing a great purchase already, and then obtaining profits will just be a matter of time.

[Nrcewker]

Early 2015 my first experience buying bitcoin was at coinbase, at that time they only accepted purchases via credit card and i bought 2 btc which i planned for cloud mining and gambling, at that time the price of 1 btc was around $235, of course if i hold on until now i can get a lot of profit.

Yes this example will again be shown to other peoples when Bitcoins will be revolving at 75k usd. At that time people will quote example of this time. Many of us will say that, there was a time when BTC costed 30k usd and we bought plenty. So yes it only proves that we have always underestimated the price of Bitcoins. And it also proves that Bitcoins have lot of potential and it’s very rare. So Op don’t look for better prices, and buy Bitcoins whenever you can.

[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?

From my experience in bitcoin, theirs no specific time someone supposed know when is due or ready to invest in bitcoin, the time someone should invest in bitcoin have no specific time, normal life what we are supposed to do when we detect that bitcoin is going on bearish is to purchase more bitcoin  if we have the funds, and same thing is applicable when bitcoin is in the bullish, because their is every tendency that during a bullish and you purchase bitcoin and within the intervals of one or two days the market might increase more than your expectations,  so that's while I always emphasis that their's no specific time is the right time to invest in bitcoin, but new investors contradictory the investment time in bitcoin, what everyone is looking at for bitcoin investment is profit but some make it compulsory that only time you can make profit in bitcoin investment is during bearish time, I'm not kicking against time but what I know is that in bitcoin what gives profit for the Investment is the longer the investment stays until it meets with bullish market or season.

[pawel7777]

It is nearly impossible to find perfect time to buy enough Bitcoin. Its chronic issue with investing in financial markets. You will never hit perfect time. So you shoud rather focus on accumulating at terrible market conditions.

This is a cliché, but it's probably the only good advise one can give. People are posting questions about good time to buy or sell hoping for some collective wisdom, but financial markets are not ruled by democracy and majority often gets it wrong.

Remember when bitcoin was around 19-20k like a month ago or something. It was so cheap it was guarenteed to make profit there.

But back then no one knew when the price was going to go and the market mood was not very high. Saying "you should've bought then" while looking at the past charts is easy, predicting the future is a whole different game.

[Agbe]

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 first quarter you are mentioning is also a speculation, because the halving might come even at the fourth quarter of this year then the bull kick at the first quarter of the year 2024. The last halving I met was before the bull. Even this flustration bear and little bull period. We can see that it is the small halving always before nthe little bull, so we can still keep it at that.
As for the time to buy bitcoin, it is good to buy when bitcoin is on the bearish market so you can make Profit or gain whenever the price goes up.

[SirLancelot]

I think the best strategy is to buy gradually,

Not forever, I mean it really depends on market conditions. If in 1 day you see bitcoin down 10%, then buy as much as you want and it's still fine if you buy with your whole budget. Such a decline is just a response of traders to panic, but rest assured the price will recover after some time when many investors enter and buy low.

Buying in increments or maybe DCA is good, but only if you believe that prices are likely to drop lower than your first purchase price. There are times when you buy with DCA and there are times when you buy with a lump sum, so get to know those well instead of relying on just one buying strategy.

What if the price drops 5% more after you have bought with all your budget at once? You won't be able to buy more and you will obviously regret buying all at once as you could get some at a lower price if you were a bit patient but since no one can stay patient in such situations, that's why doing DCA is the best way to go within such times.

When you do DCA, you leave no room for regret since you will be buying some at every price interval, and by the end of the dip or when your budget has been exhausted, you will have a pretty good buying average already.

[fzkto]

I think the best strategy is to buy gradually,

Not forever, I mean it really depends on market conditions. If in 1 day you see bitcoin down 10%, then buy as much as you want and it's still fine if you buy with your whole budget. Such a decline is just a response of traders to panic, but rest assured the price will recover after some time when many investors enter and buy low.

Buying in increments or maybe DCA is good, but only if you believe that prices are likely to drop lower than your first purchase price. There are times when you buy with DCA and there are times when you buy with a lump sum, so get to know those well instead of relying on just one buying strategy.

What if the price drops 5% more after you have bought with all your budget at once? You won't be able to buy more and you will obviously regret buying all at once as you could get some at a lower price if you were a bit patient but since no one can stay patient in such situations, that's why doing DCA is the best way to go within such times.

When you do DCA, you leave no room for regret since you will be buying some at every price interval, and by the end of the dip or when your budget has been exhausted, you will have a pretty good buying average already.

It all depends on how long you are prepared to wait. Of course it is good to have extra money to be able to buy again. But for example if you bought in 2017 at 15k or 18k and didn't sell for 4 years, you could sell in 2021 with a good profit. And if you don't have patience, you can lose money even if you bought bitcoin partly.

[savetheFORUM]

It all depends on how long you are prepared to wait. Of course it is good to have extra money to be able to buy again. But for example if you bought in 2017 at 15k or 18k and didn't sell for 4 years, you could sell in 2021 with a good profit. And if you don't have patience, you can lose money even if you bought bitcoin partly.

The profit will obviously depend on how long you can wait but it also depends on what price you've bought at, if you buy at $23k at once, and then the price touches $19k before it goes back to $29k, now when you book profit at $29k, you will surely have some profit but you could have more profit if you had done DCA and also bought some at $19k since that would've provided you with a better buying average overall.

Buying at once is good but only if you can correctly predict the bottom and the price starts going up right from the point where you've bought, that is when buying all at once works the best but since it is not possible to perfectly time the market, it is better to do DCA.

[lepbagong]

Early 2015 my first experience buying bitcoin was at coinbase, at that time they only accepted purchases via credit card and i bought 2 btc which i planned for cloud mining and gambling, at that time the price of 1 btc was around $235, of course if i hold on until now i can get a lot of profit.

many were at the same time as you, friend, many did not predict that the price of bitcoin would increase sharply in just a few halving periods. but when the last ATH in 2017 many started to understand and started investing in bitcoin, maybe now more people know more and it's not surprising that everyone is competing to keep buying and saving.

[ancafe]

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

Usually six months before reaching the halving bitcoin will rise slowly and this sign can also appear and be accompanied by a small correction on its way as is happening now, almost no one can guarantee about certainty but people calculate the whole cycle and predict randomly based on previous pattern.

It could be that you have to wait in the last two months of this year how the reaction will occur. But for me it doesn't really matter because if we hold on to cycles then the potential for bitcoin to reach a halving is getting closer and we have to act for all possibilities for its utilization.

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?

If you want to make big profits according to the next ATH this is the right time and even though bitcoin will no longer correct to $20k and below. Halvings are also likely to occur at much larger numbers and even though there is no guarantee, if you pay attention, each halving will definitely give birth to a new price from the previous ATH.

The current purchase calculation will also generate big profits for you. I doubt bitcoin will return to the price of $ 20k and even if it does it is possible in the next two months, but there seems very little chance of a correction to $20k below that.