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Author Topic: When is the right time to buy bitcoin before the halving?  (Read 464 times)
Mate2237
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June 23, 2023, 05:11:31 PM
 #21

I don't think the whales are tricking us. This little push started since last month, and this can not determine when to buy. This is not the first time, this has been discussed. If anyone like and want to invest in bitcoin this is the best time. The halving will come before the next bull and the next bull will come next to after next and this is the third quarter of the year 2023 and which means the halving is very close now so everyone that is into investment package should started storing their wallets with heavy coins.

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June 23, 2023, 05:17:40 PM
 #22

There is missing data? That can’t be true. There are hundreds of Website who has similar API running and it wouldn’t be that hard to catch the glitch. As of now there is no fixed time to buy the bitcoin before halving. However there is big logic behind the entry points and that’s DCA. You should have bought the bitcoin way earlier than this price because it was simply discounted and could have kept the price below 27-28k range with the above mentioned method. The trick is to keep buying the bitcoin at lowest price possible and get most out of it once it goes through halving mania. Anyways as we approach it the price will keep rising now. Better get wallets ready to synch with chain soon.
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June 23, 2023, 05:22:27 PM
Merited by fillippone (1)
 #23

The title of your thread in some way has answered your question, however, we have different reasons for buying or investing in Bitcoin, and as well we have different time frames wherein we would like to take a profit out of the market. some are short-term, mid-term, and long-term market participants. For the long-term holder it wouldn't matter where he or she got in so far in the long run will realize a profit.

 If you ask me, There is no specific time meant to buy Bitcoin, but getting in before every Bitcoin's halving makes much sense, basically during the bear market cycle.

 
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nakamura12
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June 23, 2023, 05:51:31 PM
 #24

I think the best time when to buy Bitcoin is when it's price is at its lowest price as of this time before the price will increase again (like reaching ATH) if you want to earn profit within a span of short time. As they have said, it is the same as what I said that this time is when it is a good time to buy BTC. We won't know and even expect that BTC will reach the ATH again.

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June 23, 2023, 06:41:28 PM
 #25

When is the right time to buy bitcoin before the halving?

No one can accurately tell you what the price of Bitcoin will be in every passing month, before or after the Bitcoin halving next year. You are likely to get some predictions that might not really be 100% accurate. As it is now, I am speculating that the Bitcoin price could get to $100k when the bull market starts before or after the next halving, but I am not correct about the price, just as no one currently is. But if the Bitcoin price gets to $100k in the next bull run, that will be a hell of a profit for you if you buy now. If you have a lot of capital to invest, then DCA is what you can be preferable to start accumulating, so that even if the price drops, you will still have some capital to invest.


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June 23, 2023, 06:56:20 PM
 #26

I think the best time when to buy Bitcoin is when it's price is at its lowest price as of this time before the price will increase again (like reaching ATH) if you want to earn profit within a span of short time. As they have said, it is the same as what I said that this time is when it is a good time to buy BTC. We won't know and even expect that BTC will reach the ATH again.
Many people actually think the dip is actually bad, but in a right sense the dip is actually the most favourable time to buy let's look at the massive dip that happen to the market at the 2022 which gave chance to many investors to actually buy at that low price and if actually you bought back that time by now you must have gotten some nice profits to actually capital you used in buying.
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June 23, 2023, 08:02:04 PM
 #27

When the btc price goes to down then you should bought btc for best time. A dip price not a bad for investors but it can make big profits. I was bought btc when the price was under 20k but now it has rising 30k so you can justify now i am in good profits.

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June 23, 2023, 10:17:03 PM
 #28

As of June 22, bitcoin finally managed to be at > $ 30,000 [1], no one knows whether this is just a trick from the whales who want to trap us so that we think this is the right time to buy bitcoin. With reason fear of that happening, i tried to dig into the bitcoin price history data at CMC, after i got the data, i found that there was some missing data there.

So, i just want to ask anyone here who has data on the monthly price of bitcoin before the first halving happened (November 28 2012), this will not only help me, but also help others to be aware and understand the current situation. After getting the data later, i will do my personal analysis and present it here too, thank you.

[1] https://coinmarketcap.com/currencies/bitcoin/

I suppose you can buy BTC at anytime you want, since BTC is for long-term hodling, so it's nearly impossible to get a good profit with btc in a short period of time. So I think halving is not so important, moreover, halving can start without preceeding bear market.

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June 23, 2023, 11:00:48 PM
 #29

I think the best time when to buy Bitcoin is when it's price is at its lowest price as of this time before the price will increase again (like reaching ATH) if you want to earn profit within a span of short time. As they have said, it is the same as what I said that this time is when it is a good time to buy BTC. We won't know and even expect that BTC will reach the ATH again.
Many people actually think the dip is actually bad, but in a right sense the dip is actually the most favourable time to buy let's look at the massive dip that happen to the market at the 2022 which gave chance to many investors to actually buy at that low price and if actually you bought back that time by now you must have gotten some nice profits to actually capital you used in buying.

the dilemma of some buyers at the dip is when will it go up again. because they have short-term plans as they need the funds, they are hesitant to buy more as there is no concrete timeline when they can get back their funds.
but if you have the leeway to wait, you can always buy whenever you think is favourable to you. as it sits, there's no right or wrong time in buying some satoshis. so long you know what you're getting into and know how to strategize to take advantage of this market, there's nothing to worry about.

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June 23, 2023, 11:16:36 PM
 #30

We can't be sure of a certain time period as the right one to experience success out of buying bitcoin. Based on what I've come across whenever there is crash in the market we should have the understanding to invest what we were able to do. This can be small fund or big, which isn't a matter. Because people used to regret after they miss opportunities. When the market used to experience a downfall, they find this to be fearful and stay away from investing. When it comes to bitcoin one should have the trust as well as the ability to hold with patience.
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June 24, 2023, 01:48:27 AM
Last edit: June 24, 2023, 02:06:34 AM by landheer
 #31

indeed if we are interested in buying btc it would be better if we buy at a lower price, for example btc is in the range of $19k then it will definitely be even better, but I think that for now it will be difficult for btc to fall to a low price like $19k because The bitcoin halving is just around the corner so in this case it's up to you whether you want to wait for the btc price to drop far or not? if you want to wait, yes, happy waiting.

Or it could be if you are interested in investing in BTC, do the DCA system in purchasing BTC.
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June 24, 2023, 02:02:55 AM
 #32

As of June 22, bitcoin finally managed to be at > $ 30,000 [1], no one knows whether this is just a trick from the whales who want to trap us so that we think this is the right time to buy bitcoin. With reason fear of that happening, i tried to dig into the bitcoin price history data at CMC, after i got the data, i found that there was some missing data there.

So, i just want to ask anyone here who has data on the monthly price of bitcoin before the first halving happened (November 28 2012), this will not only help me, but also help others to be aware and understand the current situation. After getting the data later, i will do my personal analysis and present it here too, thank you.

[1] https://coinmarketcap.com/currencies/bitcoin/

I don't think you're going to be able to gain any sort of tactile advantage by looking at the price history of bitcoin around the first halving. Bitcoin was a very different thing back then, and this recent price rise is about a lot more than just the upcoming halving.  There's a lot going on in the new, like the stuff with Blackrock /ETF.

As always, I suggest buying using a dollar cost averaging.  There's nothing wrong with making some of those routine payments a little fatter if you think things are going to take off..but DCA is really always the way to go if you're worried about big losses from trading.

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June 24, 2023, 02:16:15 AM
 #33

So, i just want to ask anyone here who has data on the monthly price of bitcoin before the first halving happened (November 28 2012), this will not only help me, but also help others to be aware and understand the current situation. After getting the data later, i will do my personal analysis and present it here too, thank you.
The best thing would be buying something every month, in that way you can get an average price. The crypto world is changing, and it's changing quickly, so I don't know how much you can trust info from 3-4 years ago or even more. Now there is a country that adopted BTC, there are ETFs that are probably going to be approved, all things that before last halving were hard even to imagine... Don't try to buy at the bottom, it's pretty much impossible, if you're happy with the price just go otherwise you're going to end like those who are still waiting BTC at $5k...

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Reatim
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June 24, 2023, 03:03:15 AM
 #34

As of June 22, bitcoin finally managed to be at > $ 30,000 [1], no one knows whether this is just a trick from the whales who want to trap us so that we think this is the right time to buy bitcoin. With reason fear of that happening, i tried to dig into the bitcoin price history data at CMC, after i got the data, i found that there was some missing data there.

So, i just want to ask anyone here who has data on the monthly price of bitcoin before the first halving happened (November 28 2012), this will not only help me, but also help others to be aware and understand the current situation. After getting the data later, i will do my personal analysis and present it here too, thank you.

[1] https://coinmarketcap.com/currencies/bitcoin/
everyday from today till halving happens , that is the best and perfect timing to purchase mate because it is near to come , we are almost in the year of halving so every seconds spare this time is the best possibilities to perform buying.
let me remind you that most of the failed investors happen when they hesitate to purchase .
when the market is going high and low like this 2023.
try not to become one of them mate since you are good in market analyzation so why has this kind of thinking.
forget other things , buy everything yo can afford now before its too late like what felt from their hesitation in all those halving and bullrun coming.

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Bazzu
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June 24, 2023, 06:26:40 AM
Merited by fillippone (1)
 #35

Bitcoin has been in a bear market for a long time and I don't think you should be surprised by bitcoin going up in price the way it is now so if you want to buy btc you should consider it so you don't suffer losses but if you don't dare to buy now of course you have the potential to miss out train when other people have bought while you are not buying, so buying btc now is very risky because there is a possibility that the price of btc will drop again, that's how people who want to buy btc now have to be prepared to take the risk, but for long term investment of course there is no worry because btc the future has the potential to increase.

but the decision is yours.

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June 24, 2023, 09:15:13 AM
 #36

I know you're looking to find the best time and lowest price to buy bitcoin because that's what everyone wants, but so far, I haven't seen anyone able to do that. Because Bitcoin is unpredictable, there is no best time to buy bitcoin. Bitcoin is trading at $30k, and no one can guarantee it will fall back, and no one can guarantee it will keep going up, no one knows. So buying whenever you can is the best time.

History does not represent the future, and there is no guarantee that the past will repeat itself in the future. So I don't think, based on all the data from the past, you will find the answer to your question. Remember that everything is relative, and don't miss an opportunity just by focusing too much on the past.

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June 24, 2023, 01:31:33 PM
 #37

Bitcoin is too volatile to be seriously analysed like that. There's a pretty strong tendency for Bitcoin to recover from the bear markets and surpass the previous ATH point, but the ups and downs in between are unpredictable.
I personally don't think that this is it and Bitcoin won't go below $30k. But I also think that the 15% difference isn't that high, $30k is still a good price, as it's less than half of the previous ATH point.

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June 24, 2023, 02:50:38 PM
 #38

Assuming Bitcoin price always break the new ATH after every halving event, the previous ATH was $69K, so the right time to buy Bitcoin before the next halving is when the price is still not reach $69K, it's mean now is one of the right time to buy Bitcoin when the price is still half!

If you mean the right time is when the Bitcoin price hit the lowest before the next halving, then good luck to wait for it.

Yes, we assume the same as you, considering every halving there will be a good event for Bitcoin in the future, and now trying to find the right time to buy Bitcoin, we think this is one part of it, and considering this the price is still relatively lower than before . better keep buying before the next halving arrives.
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June 24, 2023, 03:06:10 PM
 #39

As of June 22, bitcoin finally managed to be at > $ 30,000 [1], no one knows whether this is just a trick from the whales who want to trap us so that we think this is the right time to buy bitcoin. With reason fear of that happening, i tried to dig into the bitcoin price history data at CMC, after i got the data, i found that there was some missing data there.

So, i just want to ask anyone here who has data on the monthly price of bitcoin before the first halving happened (November 28 2012), this will not only help me, but also help others to be aware and understand the current situation. After getting the data later, i will do my personal analysis and present it here too, thank you.

Based on your topic, asking when the right could be to buy Bitcoin is very funny since you know that the next halving is not far from now so why still asking when will be the best time to buy for you to make a good profit. You can start buying and accumulating your holdings now before the end of the year because the bullish trend that is coming is going to be profitable. There are also good coins we can buy in the market that will give us good profits from holding them so we don't have to miss the opportunity now to buy and keep some holdings for the bigger, profitable season loading.

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June 24, 2023, 03:32:41 PM
 #40

This market has many newbies who have the same thoughts as you, and I can't give any real advice that you should experience it for yourself to find those things, in the investment story and choose the time to have it. A lot of opinions are given like that I won't pay too much attention to news and events coming out, because I invest in bitcoin because it's bitcoin. I just want to have more bitcoins than that, and of course the time factor that comes with it in fiat terms that I see is real.

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