When to invest in bitcoin

[awik p]

the feeling that often arises in our hearts is waiting for the price to drop again and then we will buy it. but after the price went down we thought again and were afraid the price would drop again and only then did we buy it, until finally the price went up and we panicked so we bought at a higher price, after buying the price actually dropped back below the previous lowest price, and finally we frustrated. therefore buy every drop in the area we plan, and don't spend capital at one price so we can buy back when the price drops again

[kizlod]

Always. I'm DCAing every month. You can't predict the best time to buy it anyway. But it's really important to have it. I think you realize that if you're here.

[Blitzboy]

You have learned an essential lesson in investing, which is to buy low and sell high. Bitcoin, like any other investment, calls for cautious analysis. But heres the thing: you cant merely read at will and hope to seize the opportunities it presents.

I think of policymakers' unfortunate and fully avoidable missed opportunities whenever I hear someone lament that they were unable to take advantage of a buying opportunity because they had the necessary finances. Put together a budget, buddy! Keep a back-up plan in place at all times.

Bear market's usually the optimum moment to make an investment purchase. You are correct that profits can be made temporarily during price drops, but keep in mind that Bitcoin has a proven track record of quickly recovering its value. But under no circumstances should you risk everything on the market. As someone who has witnessed the ups and downs of the international economy, I cant stress enough that this is not sound economics. Get ready for the next Bitcoin price decrease and embrace the opportunity it presents.

[dothebeats]

The general answer is simple, invest when you have spare money that you can risk. Bitcoin or not, an investment is an investment meaning there will be risks, and thus you should be aware of it before you place your money on it. No matter how big or small the exchange is, if you are not ready (basically, it's when you have no idea what you are doing and only have the money you could have used for things you need and require) you will find yourself in a slump wherein you have no profit and possibly have a loan to settle (thanks to your impulsiveness to just invest and hope for the best even if you borrow money).

[gunhell16]

I have read a lot similar to this topic in this forum, but still, buying bitcoin depends on the person who wants to own it. Because even if I say that you should buy Bitcoin now because it is low in the market today, if you think that it might go down in a few days, ignore the opinion that others give you here.

So, it's better and better for you to come when you want to buy it, if you think and feel that you should buy it, just do it as long as you have the purchase, or you can just copy what others are doing by accumulating Bitcoin gradually.

[Crypto coiner]

When it comes to investing in Bitcoin, the best approach is to embrace Dollar Cost Averaging (DCA). Don't fall for the lure of short-term gains; they often lead to disappointment. Avoid borrowing or redirecting essential funds for investments. The Bitcoin market is highly dynamic, so focus on the long term and remember that the right time to invest is when you have funds available and a well-thought-out strategy. DCA allows you to navigate both bullish and bearish periods effectively, ensuring a more balanced and sustainable approach to Bitcoin investment.

[lovesmayfamilis]

OP, while you are writing this post, others are already investing. If we talk about the right time to invest in Bitcoin, then we can say yesterday.
There is a good point; those who are looking for a good price will miss all the convenient moments when Bitcoin is profitable to buy. Since no one can accurately predict how the market will move in a short period,
If there are funds on which your life will not depend, and there is also an interest in buying, do not wait for a better day. Use the DCA method, which is described in almost every post on the forum.

[fuguebtc]

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

It is true that we do not always have enough money to invest in bitcoin, especially when the price drops suddenly. Everyone knows it's a good time to buy, but finance is something not everyone is ready for. But I advise you if you have the money to buy as soon as possible, do not wait for the price to drop further because no one can be sure the price will drop further. Have you ever thought that if the price does not decrease and increase continuously, you will miss the opportunity to buy cheap? So investing in bitcoin is buying when you can, don't wait for the price to drop to buy.

[Sim_card]

I find out that the perfect time a newbie can invest  in bitcoin  is when the price  of bitcoin  is in bear market.

Not only newbies but also with OGs,because when the price drops,it means that there is discount in bitcoin price,so that is an opportunity to buy so that you will make good profit.

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.

The price is still similar with today and I still see it as a good price for one to accumulate more bitcoin to his portfolio because nobody knows if the price will go below this before we see a pump in the price.

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

Procrastination shouldn't be what will deprive you from buying bitcoin. It doesn't matter if you buy a small amount so that you can also have an experience of holding bitcoin and understand some strategy that will work out for you when you are holding for long term.

[Riginac111]

OP, while you are writing this post, others are already investing. If we talk about the right time to invest in Bitcoin, then we can say yesterday.
There is a good point; those who are looking for a good price will miss all the convenient moments when Bitcoin is profitable to buy. Since no one can accurately predict how the market will move in a short period,

That's true, if I'm waiting for when the price will drop more before buying I might miss the chance, you are correct, but I'm optimistic of the price because am feeling that the price will go a little beat down so that before then I will make funds available to buy, if I wish their is already spare money I would have buy a bitcoin before now and wait for bullrun. I know now that theirs know perfect and accurate time to buy bitcoin. Thanks mama for your contribution

[Bd officer]

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

Currently there are good opportunities for you to buy Bitcoin. Now the price of bitcoin has gone down a bit, I don't think bitcoin will come below 25k, it's hard to say exactly. If you wait for the price to drop further, it may be a wrong decision. If the price of Bitcoin starts to rise again. Then you will miss this time. Bitcoin is going to halve in 2024. After each halving, the price of Bitcoin has been seen to increase. Better to buy bitcoins before the bitcoin halving day.

[summonerrk]

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 believe that no one knows and can't find out exactly when is the right time to ideally buy bitcoin at the local minimum price. We can only use technical analysis to significantly increase the chances of guessing where the minimum for the bitcoin price will be. And then, there are people who do not believe in technical analysis. I have been relying on charts, support levels and trend lines for a long time. And I think that the points of intersection of the two lines increase the chance that the price will approach this level. And in the purchase of bitcoins, I use pending orders, which are placed with small periods of price levels.

[LogitechMouse]

Bitcoin is good asset when you know exactly when to invest in bitcoin,

You can say that it's good since it can give you profits right? What if you lose money investing into it? You will call Bitcoin a bad asset then? I don't know, but the 2 parts aren't correlated with each other. I mean is thee term "Good Asset" or "Bad Asset" ever been used? What's a definition of a good or bad asset? Enlighten me with this one please.

Re: When to invest in bitcoin

Anyway, I will answer this one base on what I know.

The best time to invest into Bitcoin is "Anytime" except when Bitcoin is on a bull run. Bull run isn't a time for investors to invest, but a time to sell your assets. The best time to invest into Bitcoin is during the bear market, and the year after the bear market. 2022 is considered a good year to invest into Bitcoin because it's a bear market. This year 2023 can still be considered a good time to invest into Bitcoin because it's price is still considered below. Best time to sell will be during the bull which will happen a few years from now.

[xSkylarx]

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

That is really the problem: you can't purchase on that current spot because you don't have money, which is reasonable, but if you already have money, how will your mindset be? because others will tend to wait more, or like they are thinking without any concrete proof that the price will drop more, which again leaves them behind because they want to buy at the cheapest, but turns out it is already a reversal, so they are left behind and forced to buy at a high price, which dumps the price again. What's really the best strategy is that if ever you have money, purchase it immediately because your enemy, if not purchasing, is your mind because you'll tend to not buy it, or worse, you've used up your money on your wants rather than investing.

[m2017]

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

There are no good or bad assets (if we are not talking about shitcoins ), but there is no ability to use them.

In any investment (not just bitcoin) the key to success is knowing this time, knowing exactly what to do now.

The ideal time to invest in bitcoin is not known to most, so don't try. But it is quite possible to catch a bear market, given that this period lasts a long time, unlike a bull market. But the paradox is that beginners are most attracted to bitcoin during a bullish trend, when they buy it for a high price, and then are disappointed, suffering losses during a bearish sell-off.

Missed one good opportunity to buy - it doesn't matter. There will be other opportunities, but for this it is necessary to keep cash in reserve.

[Queentoshi]

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

The same challenge that you had then when you did not have the money to invest when the opportunity presented itself can still be the challenge you will face if you keep waiting for the price of bitcoins to drop and create an opportunity for you to enter the market, maybe at that time too, you will not have sufficient capital to enter the market because nobody can really predict when the prices will fall again and to what level they will fall. Buy the market when you can in little amounts when you have the spare cash, while waiting for the market to fall so you can buy big to add to what you were already accumulating.

[uneng]

There isn't a perfect time to buy Bitcoin. People who persue this moment end not investing at all or invest when it's already too late, because the dip is a very sensible moment which may last few minutes or even seconds, before a new trend starts pushing BTC upside instantly.

So, don't go for the perfect moment, just invest in Bitcoin as soon as you can. This market is unpredictable and you are better to make sure you are taking advantage of the opportunities on the present moment. Focus in long term goals and do DCA, which consists in buying a portion of satoshis every X periods of time, like every week, every month, despite BTC's price being cheap or not.

[crwth]

There's no perfect time in general but maybe an ideal time for you personally. Like when you have extra money that you can invest towards assets like Bitcoin. You can definitely make it worthwhile for you if you have done some continuous investing in your assets. That's going to be effective if you do it continuously.

[BVeyron]

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 suppose it doesn't matter when to invest in BTC, since crypto investments are long-term. It's more a purchase of "quite stable value", than an investment. However, it also depends on the money available for investment. Huge sums of money have the chance to bring profit in a short period of time if invested properly, but anyway its quite risky, and needs some specific experience in trading. So the best way to invest in crypto is a small sum of money for a long period of time. This can be done at any moment.

[bayu7adi]

The crux of the matter lies not in the timing of procuring Bitcoin at a modest price, but rather in the price predicament itself. As long as an individual continues to perceive Bitcoin's valuation as resting within the realm of affordability, acquiring it at that juncture stands as a prudent choice. Many folks still choose to scrutinize candlestick patterns prior to taking the plunge into Bitcoin ownership, yet there are also those confidently convinced that the authentic value of Bitcoin far exceeds its current tag. Thus, in their view, purchasing Bitcoin below prevailing market rates remains a decidedly profitable endeavor.

Should the cost hover around 30k and be deemed economical, then it's an opportune time to make the purchase. However, if the 30k valuation strikes as exorbitant, it's advisable to bide one's time until it descends to the desired level. The direst outcome would involve missing the proverbial train due to an erroneous price analysis, given that Bitcoin's disposition can promptly shift to a bullish trajectory.