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Author Topic: When to invest in bitcoin  (Read 1079 times)
Solokan
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August 29, 2023, 12:25:42 PM
 #61

before buying btc, of course, you have to check whether the market is good or not, and of course you also have to pay attention to finances because without money it will be difficult to buy btc, and you also have to have personal money and also have to use idle money, I think what you do, of course you have to dig more and more for knowledge about btc without stopping, and if you already have money you will be able to buy btc immediately and will invest in btc comfortably because your knowledge is extensive.

yes, I agree with your opinion, and indeed before investing in btc it would be better if knowledge is prioritized, and indeed what must be used to invest in btc is idle money, because by using idle money we will not panic when we find the market down.

but with the interest in investing in btc of course it is a good step, I hope the op becomes a successful btc investor.

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August 29, 2023, 12:27:38 PM
 #62

There is no perfect time to invest in bitcoins. Whenever you get the money just by the coin,  irrespective of its price. Bitcoins are very rare and limited in number ends. If you greed for more and wait for more low price, then definitely you will miss the right time to buy the coins. Bitcoins have already proved its worth by touching 69,000 USD. So if you are able to buy the bitcoins below 30k USD, then consider yourself lucky and buy the coins. There won’t be any better time to buy these high-valued coins.
As you say, there may never be a "perfect" time to buy Bitcoin. Supply and demand are clearly important. Since there are only so many Bitcoins, you make a solid argument for prospects below $30,000.

Bitcoin's 69,000 USD milestone highlighted its potential and people's faith in it. Waiting for the right price is tempting, but it might waste time. There are no guarantees in life, only opportunities. Its not luck if you can buy Bitcoin for less $30,000. Its smart in a scarcity-based market. Blockchain technology's cryptography is sophisticated, but its concept is simple: scarcity drives value. The perfect example is Bitcoin.

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August 29, 2023, 12:48:23 PM
 #63

There is basically no right time to invest in Bitcoin. If you think based on the directions from the article you read, the right time to buy Bitcoin is when the price is in a bearish market, then what if the price drops even deeper after you buy a number of Bitcoins. Of course you will think when you make a purchase not at the right time.

I was willing to buy bitcoin immediately the price drop but the challenge i have them was I'm  not with cash, but I will be waiting until the price fall again, and if it fall again I will not miss the opportunity of buying bitcoin and keep for long term investment
What if the price goes up immediately.? Speculation is never accurate about Bitcoin price movements, prices can never be guessed by anyone because bitcoin price movements can never be controlled by any party. Waiting is not the right decision, when you feel confident after doing research the price can increase, there is no need to wait for the price to fall further to buy some Bitcoins.

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August 29, 2023, 01:17:04 PM
 #64

I was willing to buy bitcoin immediately the price drop but the challenge i have them was I'm  not with cash, but I will be waiting until the price fall again, and if it fall again I will not miss the opportunity of buying bitcoin and keep for long term investment

If you are willing to buy bitcoin then buy it on the amount which think you are comfortable. But if you are doubting then don't do it and monitor how the market goes from time to time. But if you are a risk taker then invest some as of this moment since who knows maybe you can get much better result than waiting for nothing and miss all the opportunity placed by volatile market.
Yes, it depends on the person to invest in bitcoin and it is better to invest according to the ability because there is a long wait. It is difficult to predict when the price of this currency will increase as the market is not stable. Those who invest in cryptocurrency, it is important to have knowledge about the right time to invest in cryptocurrency or bitcoin. Because knowing the right time of investment if the right investment is made then there will be guaranteed return on investment.
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August 29, 2023, 01:30:57 PM
 #65

I was willing to buy bitcoin immediately the price drop but the challenge i have them was I'm  not with cash, but I will be waiting until the price fall again, and if it fall again I will not miss the opportunity of buying bitcoin and keep for long term investment
Your case now is not the price falling down but money to buy bitcoin when the it falls. You could not buy when the price was down so how sure are you when the price comes down again. This is an another period to buy again so have you make any move to buy it? Or if you don't have any cash with now then go and look for money and prepare for the next move. And also bitcoin is all time buyable. There is no specific time to buy bitcoin.

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August 29, 2023, 01:38:01 PM
 #66

The best time to invest in Bitcoin is in the bear market, and that's when everywhere is filled up with fear, at that time many people will hesitate to keep dollar cost averaging into Bitcoin, and the index will be at the fear level.

I don't want to believe that we've seen the worst bear market yet, I think we haven't gotten there, I remember how such times always feel like, dried and cruel to many investors, their DCA and their wallet lose value continuously for days and weeks and they get tired of holding.

When the market situation turns around it will be when people don't care anymore about crypto, There is a saying that no pain no gain, you will see pain in crypto and this is also the best place for massive gains.
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August 29, 2023, 02:27:10 PM
 #67

Bitcoin is good asset when you know exactly when to invest in bitcoin, before now I have being reading articles of bitcoin and when I read the articles of bitcoin I do notice new things every time I read of bitcoin. I notice that investing in bitcoin it needs more research to know when due is the perfect time to invest in bitcoin. And I find out that the perfect time a newbie can invest  in bitcoin  is when the price  of bitcoin  is in bear market, like some weeks ago bitcoin drop a different in the market price and its very nice opportunity for short term investors to buy and keep and be ready to sell when the market rise. I was willing to buy bitcoin immediately the price drop but the challenge i have them was I'm  not with cash, but I will be waiting until the price fall again, and if it fall again I will not miss the opportunity of buying bitcoin and keep for long term investment

Bitcoin is definitely a good asset without any doubt and it's far more than a asset as well. If you really want to invest in Bitcoin then bear market is the best time to accumulate some of it, and if you ask me when to invest in Bitcoin then I would recommend you to invest in it now if you can.

The price of Bitcoin is already very low and if someone is truly interested in Bitcoin then he/she can invest in it right now without any worries. I know that there can be some more dips in future, but we should also keep in mind that if none of those dips take place and the price continue to rise upwards then in that case you will wait forever to invest in it.

The current price of Bitcoin is already below $28k and any investor who knows Bitcoin well will most probably know that this is the best time to invest in it. If you really want to make some good profits then buy Bitcoin right now or today if you have cash and wait for at least 2 years before selling your Bitcoin.

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August 29, 2023, 02:35:37 PM
 #68

Bitcoin is good asset when you know exactly when to invest in bitcoin, before now I have being reading articles of bitcoin and when I read the articles of bitcoin I do notice new things every time I read of bitcoin. I notice that investing in bitcoin it needs more research to know when due is the perfect time to invest in bitcoin. And I find out that the perfect time a newbie can invest  in bitcoin  is when the price  of bitcoin  is in bear market, like some weeks ago bitcoin drop a different in the market price and its very nice opportunity for short term investors to buy and keep and be ready to sell when the market rise. I was willing to buy bitcoin immediately the price drop but the challenge i have them was I'm  not with cash, but I will be waiting until the price fall again, and if it fall again I will not miss the opportunity of buying bitcoin and keep for long term investment
If you look at Bitcoin history and ATHs you will jump into investing in Bitcoin without any confusion in your mind.  Because 2017 ATH was $20k again it dropped and again ATH averaged 68k which happened in 2021.  So now surely you can predict the next ATH.  The next ATH is likely to be $100k. now the price of bitcoin is between $27k so bitcoin is still in a lot of dip and investing in bitcoin now will make a lot of profit if the new ATH is reached. So now you guess what is the right time to invest in Bitcoin



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August 29, 2023, 02:51:01 PM
 #69

Bitcoin is good asset when you know exactly when to invest in bitcoin, before now I have being reading articles of bitcoin and when I read the articles of bitcoin I do notice new things every time I read of bitcoin. I notice that investing in bitcoin it needs more research to know when due is the perfect time to invest in bitcoin. And I find out that the perfect time a newbie can invest  in bitcoin  is when the price  of bitcoin  is in bear market, like some weeks ago bitcoin drop a different in the market price and its very nice opportunity for short term investors to buy and keep and be ready to sell when the market rise. I was willing to buy bitcoin immediately the price drop but the challenge i have them was I'm  not with cash, but I will be waiting until the price fall again, and if it fall again I will not miss the opportunity of buying bitcoin and keep for long term investment
I personally don't think there is a specific time to invest in Bitcoin because we can invest in Bitcoin anytime. The most important thing is the amount of bitcoins we will invest or for how long I will invest it. There are many of us who invest in Bitcoin for a long term, some invest in Bitcoin for 6 months or a year, I think it is a little long term investment. If we can be patient we can see that when the market goes up we can sell it and if we invest in bitcoin for a short time we can see that we can face loss. Because if I don't invest in bitcoin that is  If I want to withdraw, I will have to face loss. So it is better to invest with patience with some time.

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August 29, 2023, 03:25:10 PM
 #70

There is no perfect time to invest in bitcoins. Whenever you get the money just by the coin,  irrespective of its price. Bitcoins are very rare and limited in number ends. If you greed for more and wait for more low price, then definitely you will miss the right time to buy the coins. Bitcoins have already proved its worth by touching 69,000 USD. So if you are able to buy the bitcoins below 30k USD, then consider yourself lucky and buy the coins. There won’t be any better time to buy these high-valued coins.

Well it's a perfect time to buy Bitcoin in bear market and also you said that if you have bought below $30k you're lucky. There's no actually luck about that, maybe for newbies out there who doesn't have knowledge and has no idea of Bitcoin benefits and potential, still they have owned Bitcoin so consider themselves lucky. If you're not that confident enough when to buy even looking in the market there's some techniques like DCA as investment move whatever the behavior of the market. It's a good move to buy Bitcoin when it's in low value as possible cause anytime right now or for the next years, it might outgrow that $69k so if you bought literally below $30k then that's a smart move and perfect time to invest.

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Jateng
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August 29, 2023, 03:31:19 PM
 #71

Bitcoin is good asset when you know exactly when to invest in bitcoin, before now I have being reading articles of bitcoin and when I read the articles of bitcoin I do notice new things every time I read of bitcoin. I notice that investing in bitcoin it needs more research to know when due is the perfect time to invest in bitcoin.
When investing in bitcoin timing is essential for quick gains beginners should target bear markets when prices are low. Though delayed because of a lack of cash the recent decline in the price of bitcoin provided an opportunity. If the most recent downturn marked the conclusion of the bear market, waiting for the price to decline further could result in missing out. In my opinion by waiting too long you risk missing the boat when prices unpredictably increase. Although buying during down markets is ideal, having Bitcoin is more important than buying it at any time with bear market buyers tending to have higher-quality assets.

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August 29, 2023, 05:42:55 PM
 #72

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When all the other main needs in life have been met, then that's the best time to invest in bitcoin.
Investment is a smart choice made by experts in managing their financial future wisely. Bitcoin investment is not an annual activity with the expectation of one year's profit due to market price volatility but rather a profit target that is expected to be sustainable.

I often find the arguments written are too exaggerated against the investment that should be made. It is important to invest as long as basic needs are met.
By the way, the bitcoin price chart stands straight up from the bottom. Great sign.



R


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August 29, 2023, 06:15:40 PM
 #73

When investing in bitcoin timing is essential for quick gains beginners should target bear markets when prices are low. Though delayed because of a lack of cash the recent decline in the price of bitcoin provided an opportunity. If the most recent downturn marked the conclusion of the bear market, waiting for the price to decline further could result in missing out. In my opinion by waiting too long you risk missing the boat when prices unpredictably increase. Although buying during down markets is ideal, having Bitcoin is more important than buying it at any time with bear market buyers tending to have higher-quality assets.

One suggestion I will give to new ones is to spend some time and monitor market for sometimes before jumping with actual cash or invest with small capital (the one you can afford to lose). Bitcoin is not a place that will make you rich overnight rather you need to spend time to understand how this unregulated market works. Bear market is no doubt good point to start accumulation but if you don't have proper strategy you may start panic after sometimes and start selling in loss.
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August 29, 2023, 06:27:51 PM
 #74

There is no perfect time to invest in bitcoins. Whenever you get the money just by the coin,  irrespective of its price. Bitcoins are very rare and limited in number ends. If you greed for more and wait for more low price, then definitely you will miss the right time to buy the coins. Bitcoins have already proved its worth by touching 69,000 USD. So if you are able to buy the bitcoins below 30k USD, then consider yourself lucky and buy the coins. There won’t be any better time to buy these high-valued coins.
If you are planning to hold your coins for long then buying above 30k mark won't even be an issue because I believe bitcoin is still at its early stages now as we have seen before that bitcoin has previously before touch a 69k mark and still has the all possiblity to reach and even break that mark after the supposed halving that is coming anytime soon so I would count the whole of this year as also a perfect time to actually accumulate your bitcoin but that's if you intend to hold it for a long period which is more preferable.

R


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August 29, 2023, 06:40:35 PM
 #75

Don't get stuck on the thought that Bitcoin's price will fall again and you will use that opportunity to fill up your bags. That opportunity may never come again. And I don't understand people talking about THE PERFECT TIME for Bitcoin investment. What is the perfect time for it? To me, any time you enter the market, that is your perfect time. Although it is only for long-term investment plans. In trading, you need to calculate the time, analyze the market, create strategies, etc. But Bitcoin is not a short-term asset. If you force it to become one, the results won't be flattering.

Buy and HODL. That's all there to it if you don't want to go through all the complications. You can invest whenever you like. Looking for dips and low prices will only make you lose opportunities. In long-term investment, these small price changes won't have huge impacts. So feel free to join whenever you like.
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August 29, 2023, 07:38:44 PM
 #76

There is no perfect time to invest in bitcoins. Whenever you get the money just by the coin,  irrespective of its price. Bitcoins are very rare and limited in number ends. If you greed for more and wait for more low price, then definitely you will miss the right time to buy the coins. Bitcoins have already proved its worth by touching 69,000 USD. So if you are able to buy the bitcoins below 30k USD, then consider yourself lucky and buy the coins. There won’t be any better time to buy these high-valued coins.


After the Hong Kong move to the crypto currency,the price of bitcoin and most of the trusted coin was reached maximum.The price of bitcoin seems to reach the 30k mark again,many of my friends holding for the 32k mark.If the price of bitcoin crossed 32k mark,many people will cash out their holding bitcoin.But cash out in bull run is not the wise one,you need to take some more risk.Then you will find the right time to sell your long term holdings with some additional profits.
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August 29, 2023, 08:04:06 PM
 #77

When the market is crashing or when you have money to buy it. You are asking for advice for investing in bitcoin which means you have a level of interest in it and you believe that it can bring you something good in the future. If this is true then why ask others when is the right time? Just use your savings to buy BTC instead of keeping that in a bank. This will help you fight inflation and will be beneficial for your future.

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August 29, 2023, 08:15:58 PM
 #78

Bitcoin is good asset when you know exactly when to invest in bitcoin, before now I have being reading articles of bitcoin and when I read the articles of bitcoin I do notice new things every time I read of bitcoin. I notice that investing in bitcoin it needs more research to know when due is the perfect time to invest in bitcoin. And I find out that the perfect time a newbie can invest  in bitcoin  is when the price  of bitcoin  is in bear market, like some weeks ago bitcoin drop a different in the market price and its very nice opportunity for short term investors to buy and keep and be ready to sell when the market rise. I was willing to buy bitcoin immediately the price drop but the challenge i have them was I'm  not with cash, but I will be waiting until the price fall again, and if it fall again I will not miss the opportunity of buying bitcoin and keep for long term investment
If you had missed out that previous drop then you could always wait up for another drop but it do have that main question is on when it would happen? This is what mainly the community to have in their
minds because if this thing was predictable then all of us would really be that rich on trading but we know that it is really just that impossible on having this way. Market does have always that opportunity
and if you had missed one then there's always an upcoming one on which you should really be that wise on when to get in and when to get out but there's some other option though on which if you arent that a fan on risking out something on active manner on which you could always have the option for you to accumulate on whatever prices you would really be able to enter since you are going for long term then it wont really be that much of an issue. Just make yourself invest on the amount on which you can afford to lose so that on the time that the market would be giving out such movement then
you wont really be making yourself that impulsive just because you had anticipated or expected something.

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August 30, 2023, 01:41:47 AM
 #79

When investing in bitcoin timing is essential for quick gains beginners should target bear markets when prices are low. Though delayed because of a lack of cash the recent decline in the price of bitcoin provided an opportunity. If the most recent downturn marked the conclusion of the bear market, waiting for the price to decline further could result in missing out. In my opinion by waiting too long you risk missing the boat when prices unpredictably increase. Although buying during down markets is ideal, having Bitcoin is more important than buying it at any time with bear market buyers tending to have higher-quality assets.

One suggestion I will give to new ones is to spend some time and monitor market for sometimes before jumping with actual cash or invest with small capital (the one you can afford to lose). Bitcoin is not a place that will make you rich overnight rather you need to spend time to understand how this unregulated market works. Bear market is no doubt good point to start accumulation but if you don't have proper strategy you may start panic after sometimes and start selling in loss.
I think Investment in Bitcoin over the long term demands a calculated strategy. Waiting for dips isn't always a good idea because unpredicted surges can happen. Given the separation between Bitcoin and its ATH, consistent dollar-cost averaging (DCA) is sensible. Personally, despite alluring price points like $26,000, I've been DCA-ing on a monthly basis since January. It's smart to keep an eye on the market and start modestly. While bad markets are good for accumulation, bitcoin requires patience and understanding and a sound plan prevents panic selling.

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August 30, 2023, 02:31:35 PM
 #80

I think Investment in Bitcoin over the long term demands a calculated strategy. Waiting for dips isn't always a good idea because unpredicted surges can happen. Given the separation between Bitcoin and its ATH, consistent dollar-cost averaging (DCA) is sensible. Personally, despite alluring price points like $26,000, I've been DCA-ing on a monthly basis since January. It's smart to keep an eye on the market and start modestly. While bad markets are good for accumulation, bitcoin requires patience and understanding and a sound plan prevents panic selling.
In all investments, of course we need a calculated strategy, not just for investing in Bitcoin for the long term, and I think even for daily Bitcoin trading we must have a strategy and adequate knowledge.
Bitcoin price movements are quite volatile, so we must be observant in taking advantage of opportunities or observant in seeing the right time to enter.
Investing in Bitcoin is a little different from shares, maybe if with shares we only need to look at the future prospects of the company whose shares we want to buy, but that is different with Bitcoin, there are many aspects that must be looked at and also taken into account, starting from the decline (for time correct entry) and also Pumps that will occur in the near or long term.

And personally I have a lot of considerations before deciding to invest in Bitcoin, there are many aspects that need to be considered to minimize risk, as we already know that investing in Bitcoin has a fairly high level of risk but it is quite worth it with the possible level of profit that will be obtained. .
Therefore, we really have to really prepare for it quite maturely. Personally, I pay enough attention to market movements and analysis so that an accurate strategy emerges to be able to take profits or minimize risks if unwanted things happen.
That's important enough to understand first before starting an investment, qualified knowledge.
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