Bitcoin, when to buy

[Benedictare]

Alot of things need to be put into consideration before buying . You need to have a planed budget  t o secure your financial strength and know the risk involved and having your start up money which will not affect your personal and other expenses for the month afterpurchasing your Bitcoin,quality knowledge and understanding about the buying processes before going into Bitcoin buying whether you're buying for a long-term(7-20 years) or short-term(weekly or monthly) and in doing that you need and to use the DNA method because it's a good method which strategy an investor invests a total sum of money in small amount of cryptocurency over a period of time instead of investing in bulk (huge amount of money) which gradually increasing and accumulating you wealth.

  In buying and investing in Bitcoin  you buy at anytime that is comfortable tomemwhen you have money, which some people will not want they keep waiting for the price to be very low up to the bottom line which at times does not come easily and it keeps on increasing which will now make you to be lossing as you wait instead of DCA at the initial

[1715298065]

1715298065

[Porfirii]

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  In buying and investing in Bitcoin  you buy at anytime that is comfortable tomemwhen you have money, which some people will not want they keep waiting for the price to be very low up to the bottom line which at times does not come easily and it keeps on increasing which will now make you to be lossing as you wait instead of DCA at the initial

DCA seems to be the preferred method here in the forum, as I always read the advice to use it instead of buying in bulk. I can understand the reasons why they (and you) prefer it, but for some people it is better simply to buy at whatever price and hodl. Imagine that someone decides today to invest in Bitcoin, and has 5.000 USD he/she can afford to lose: doing DCA would suppose following the price and deciding the right moment to buy, but not everybody wants to keep an eye on the market, and sometimes it is simply better to make the purchase and forget about it for years. So in these cases, DCA is not the best solution.

In addition, in those jurisdictions where you have to pay taxes on Bitcoin, DCA complicates calculations and can be a little tricky too if you don't document your operations and forget the prices at which you bought.

[YUriy1991]

The growth of Bitcoin over years have made it one of the most sorted after asset in the world right now and to me it's a lifetime opportunity that needed to be seized,

So my question is when is the best time to buy Bitcoin?

The exact time when it is best to buy Bitcoin, whether when the price rises or falls, is a decision in our own hands because with market conditions fluctuating so quickly, costs can swing wildly, putting you at risk.

Many people that have been into the industry before I even came in have mostly suggested the DCA method, some advice I allowed it to drop to my convenience price before I buy.

As a newbie I feel the DCA method is the best base on my own perspective of looking at it on the long term, I don't know if anyone have any better opinion? Because I believe in the hype that  this forum is filled with knowledgeable people about cryptocurrency.

I think this is not a coincidence. There are many who have started investing in BTC long before we started and it is natural that our seniors convey what is the best and the most appropriate and easy technique.

[$crypto$]

As a newbie I feel the DCA method is the best base on my own perspective of looking at it on the long term, I don't know if anyone have any better opinion? Because I believe in the hype that  this forum is filled with knowledgeable people about cryptocurrency.

If with the DCA method you feel more comfortable in bitcoin investment with its accumulation then take that step because if you only wait for the time of decline then this will slightly hamper you in investing, even if you wait for the decline then the desire to buy wants to be even lower, when the price rises you regret not buying at the previous decline price.

Instead of thinking about it then just continue DCA with your own perspective, maybe some people have suggestions if it fits then apply it in your method, I myself by doing DCA is much better than having to wait for a decline because we never know the direction of bitcoin.

[Publictalk792]

It's great that you recognize the growth potential of Bitcoin and are considering investing in it. The best time to buy Bitcoin is a common question. But if you want to invest in Bitcoin so I will say just buy and hold.

The DCA method that you mentioned is a popular strategy for investing in Bitcoin. DCA can be a sensible strategy especially for New persons to the cryptocurrency market. It helps to reduce the risk of making a large investment at a unfavorable price. By spreading your purchases over time you can benefit from the average price of Bitcoin over the long term.

[Ricardo11]

Before investing you need to be sure that if what you are investing in is lost, it will not affect your lifestyle, because what you are investing can also be lost. So invest only what you can afford to lose. If you want to invest, you can invest now, because the market value of Bitcoin is now within reach. While it will be out of reach then, the market is currently quite positive. So if you want to invest then invest now for long term without delay. This will give you a lot of returns in the future.

[Kasabus]

The growth of Bitcoin over years have made it one of the most sorted after asset in the world right now and to me it's a lifetime opportunity that needed to be seized,

So my question is when is the best time to buy Bitcoin?
 
Many people that have been into the industry before I even came in have mostly suggested the DCA method, some advice I allowed it to drop to my convenience price before I buy.

As a newbie I feel the DCA method is the best base on my own perspective of looking at it on the long term, I don't know if anyone have any better opinion? Because I believe in the hype that  this forum is filled with knowledgeable people about cryptocurrency.

The fact that bitcoin's value always appreciate its value every year, I guess it's safe to say that everyday is the best time to buy regardless of its current price. You are not investing for short term duration but certainly for long term hodling so even if you buy at a high price, that is not going to worry you because you are not selling it in the first place when bitcoin price is dumping.

 I believe the best decision is to DCA instead. Aside that you won't miss any opportunity in the market, your bitcoin portfolio will continue to grow even more as you try to buy when you have spare money to spend.

[Odusko]

The growth of Bitcoin over years have made it one of the most sorted after asset in the world right now and to me it's a lifetime opportunity that needed to be seized,

So my question is when is the best time to buy Bitcoin?
 

Bitcoin is indeed the most valuable asset of this generation and at that many if not all that want to venture into bitcoin have to do that with the right approach and taking the right steps toward achieving such with less rsik possible and by so doing one beed to consider a number of factors while buying bitcoin.
A d going back  to your question of when is the best time to buy Bitcoin,  the answer to that is, it is best to buy Bitcoin when the price is low against buying when the  market is already at high price such as in all time high time.

Many people that have been into the industry before I even came in have mostly suggested the DCA method, some advice I allowed it to drop to my convenience price before I buy.

Both DCA and waiting for price to drop before buying are both good advice and you should take time to study them both because in DCA you still need the application of timing just like what you have when waiting to buy in the low-price region,  because both requires, the application of right timing.

As a newbie I feel the DCA method is the best based on my own perspective of looking at it in the long term, I don't know if anyone has a better opinion. Because I believe in the hype that this forum is filled with knowledgeable people about cryptocurrency.

DCA measures still require some level of technical analysis of the market to be able to make the right choice of when to either hold or sell off applying the DCA formula.

[Distinctin]

The growth of Bitcoin over years have made it one of the most sorted after asset in the world right now and to me it's a lifetime opportunity that needed to be seized,

So my question is when is the best time to buy Bitcoin?
 
Many people that have been into the industry before I even came in have mostly suggested the DCA method, some advice I allowed it to drop to my convenience price before I buy.

As a newbie I feel the DCA method is the best base on my own perspective of looking at it on the long term, I don't know if anyone have any better opinion? Because I believe in the hype that  this forum is filled with knowledgeable people about cryptocurrency.

Smart investors never wait for dips anymore, but do the DCA instead just to maximize the opportunities to purchase in the market. And with regards to bitcoin, its price never fail us most of the time so even if we decide to buy at its high price, that won't matter because we are in for long term investment. And the longer we set maximum years for long term hodling, the higher the chances to reap huge profits.

However, not all investors have the same mindset. And that's okay as long as we never sell low, lower than the prices we enter the market.

[Vaculin]

The growth of Bitcoin over years have made it one of the most sorted after asset in the world right now and to me it's a lifetime opportunity that needed to be seized,

So my question is when is the best time to buy Bitcoin?
 
Many people that have been into the industry before I even came in have mostly suggested the DCA method, some advice I allowed it to drop to my convenience price before I buy.

As a newbie I feel the DCA method is the best base on my own perspective of looking at it on the long term, I don't know if anyone have any better opinion? Because I believe in the hype that  this forum is filled with knowledgeable people about cryptocurrency.

Its best to enter the market when the market is bearish, that's where you can maximize your profits if you decide to sell in the future. However, if you are for long-term hodling, then everyday is the best time to buy. Do not worry if you buy at an expensive price, its value will certainly double or triple in the next years so always go for long term hodling. And with DCA, then it will be easier for you to grow your portfolio as long as you never stop from buying.

Not just with bitcoin but even in altcoins, apply DCA if you can. But make sure to find the right coins to invest, otherwise you will regret your decision why you spend a lot investing in altcoins.

[Onyeeze]

The growth of Bitcoin over years have made it one of the most sorted after asset in the world right now and to me it's a lifetime opportunity that needed to be seized,

In bitcoin it doesn't have a limitations of growth and I believe that bitcoin if be looking at the increment method you might lose interest for the investment, but what I really want us to know of bitcoin investment whosoever that find it as opportunity is base on the person's research about bitcoin because you can not on your own consider it just like that as investment opportunity without having anything reasonable about bitcoin.

So my question is when is the best time to buy Bitcoin?

Bitcoin does not have a particular time an investor suppose to buy bitcoin,  like some people do make a phrase that is late for them to invest in bitcoin, why in bitcoin investment their is no time someone invested with bitcoin is waste of time and waste of resources, but considering another factor, investing in bitcoin what it needs is timing and if you are investing in bitcoin to make a profit make sure you invest in bitcoin during the time of bearish time.

[serjent05]

The growth of Bitcoin over years have made it one of the most sorted after asset in the world right now and to me it's a lifetime opportunity that needed to be seized,

So my question is when is the best time to buy Bitcoin?
 
Many people that have been into the industry before I even came in have mostly suggested the DCA method, some advice I allowed it to drop to my convenience price before I buy.

As a newbie I feel the DCA method is the best base on my own perspective of looking at it on the long term, I don't know if anyone have any better opinion? Because I believe in the hype that  this forum is filled with knowledgeable people about cryptocurrency.

Its best to enter the market when the market is bearish, that's where you can maximize your profits if you decide to sell in the future. However, if you are for long-term hodling, then everyday is the best time to buy. Do not worry if you buy at an expensive price, its value will certainly double or triple in the next years so always go for long term hodling. And with DCA, then it will be easier for you to grow your portfolio as long as you never stop from buying.

I highly agree and to maximize the time in making profit, if one is familiar with the cycle of Bitcoin, the best time to buy BTC is when it is about to transition to bull market.  The bull market is catalized by the Bitcoin halving event, with the sign of positive sentiement.  Investing in the last pace of bear market is the best time to buy,IMO.  That is to get profit in the shortest period of time, the timing to buy when the market is about to go full blast.

Not just with bitcoin but even in altcoins, apply DCA if you can. But make sure to find the right coins to invest, otherwise you will regret your decision why you spend a lot investing in altcoins.

It is applicable not only in the cryptocurrency but also in other form of investment.  One should aspire for the familiarity of the market in order to take advantage of the cycle or ups and downs of the market.

[Luffygroove]

For individuals who consider bitcoin as a long-term investment, DCA will always be an excellent choice. I mean, if we look in the past, the bitcoin price has only risen, even when there has been a correction or even a bear season. However, the cycle indicates that there will always be a new ATH (at least according to previous bull runs). As a long-term investor, purchasing Bitcoin at any price is fine. However, if you've been in the crypto space long enough, you'll see a trend and be able to come up with a plan based on it. For example, if there is a halving every four years, you will know when to buy (usually 2 to 3 years after halving) and when to collect your profit (a few months before halving, on halving itself, a year after).

[HONDACD125]

Bitcoin does not have a particular time an investor suppose to buy bitcoin,  like some people do make a phrase that is late for them to invest in bitcoin, why in bitcoin investment their is no time someone invested with bitcoin is waste of time and waste of resources, but considering another factor, investing in bitcoin what it needs is timing and if you are investing in bitcoin to make a profit make sure you invest in bitcoin during the time of bearish time.

I think people who are saying that they are late to invest in Bitcoin are right, because the people who are buying bitcoin at the time are also late.Some time ago when Bitcoin was trading around $16 k, there were people who did not invest in Bitcoin. Now that Bitcoin is trading above $35k, people want to invest in Bitcoin right now.

Right now they're saying they're late to buy bitcoin, and they really are. Therefore, there is a time to buy in Bitcoin. If you buy Bitcoin when it reaches its all-time high and starts to go down from there, So of course your time of buying is wrong and you are too late to buy. We have only one objective to invest in Bitcoin and that is to get profit, so choosing the right time should be our first priority.

[Porfirii]

Bitcoin does not have a particular time an investor suppose to buy bitcoin,  like some people do make a phrase that is late for them to invest in bitcoin, why in bitcoin investment their is no time someone invested with bitcoin is waste of time and waste of resources, but considering another factor, investing in bitcoin what it needs is timing and if you are investing in bitcoin to make a profit make sure you invest in bitcoin during the time of bearish time.

I think people who are saying that they are late to invest in Bitcoin are right, because the people who are buying bitcoin at the time are also late.Some time ago when Bitcoin was trading around $16 k, there were people who did not invest in Bitcoin. Now that Bitcoin is trading above $35k, people want to invest in Bitcoin right now.

Right now they're saying they're late to buy bitcoin, and they really are. Therefore, there is a time to buy in Bitcoin. If you buy Bitcoin when it reaches its all-time high and starts to go down from there, So of course your time of buying is wrong and you are too late to buy. We have only one objective to invest in Bitcoin and that is to get profit, so choosing the right time should be our first priority.

Most people who say that they are late are right, because the exponential potential of Bitcoin is lower now than years ago. It costed cents a when it was invented, and a decade ago it costed less than 50$: I doubt that at this stage Bitcoin is able to go 1000x in the next ten years.

Anyway, for those who think that it is enough with smaller winnings too, then with the focus in the long term, it seems that it is always a good moment to buy, if you just hodl it enough time.

[Shishir99]

Most people who say that they are late are right, because the exponential potential of Bitcoin is lower now than years ago. It costed cents a when it was invented, and a decade ago it costed less than 50$: I doubt that at this stage Bitcoin is able to go 1000x in the next ten years.

Forget about 1000x. Would you believe it will gain 50x in the next ten years? If it happens, Bitcoin will touch $1.5 Million each coin. Can you imagine that? Still, I consider Bitcoin is the one currency that can be trusted. What other coins do you suggest to others as kind of safe investment? Is there any other coins which you can consider as safe as Bitcoin?

Even if you talk about risky investment, is there any coin that can give you a gurantee that it will go 1000x? I would be very much happy to have a coin that will give 50x in the next bull run. The problem is, nobody knows!

[Richbased]

The growth of Bitcoin over years have made it one of the most sorted after asset in the world right now and to me it's a lifetime opportunity that needed to be seized,

Yeah bitcoin have gained more popularity so far and from the look of things now bitcoin might really become the next generation currency that will put and end to fiat and unnecessary financial errors that have been in our banking system over the years due to it's decentralized policy, so the more we all embrace this life changing currency now, the better for us all.

So my question is when is the best time to buy Bitcoin?

The best time to buy bitcoin is now, like it is never too late to start accumulating bitcoins now because from various speculations it is believe that bitcoin may not dip further than this so buying it now may seem as the best time before it skyrocket to an unobtainable price.

[Youngkhngdiddy]

The growth of Bitcoin over years have made it one of the most sorted after asset in the world right now and to me it's a lifetime opportunity that needed to be seized,

So my question is when is the best time to buy Bitcoin?
 
Many people that have been into the industry before I even came in have mostly suggested the DCA method, some advice I allowed it to drop to my convenience price before I buy.

As a newbie I feel the DCA method is the best base on my own perspective of looking at it on the long term, I don't know if anyone have any better opinion? Because I believe in the hype that  this forum is filled with knowledgeable people about cryptocurrency.

  Well i believe the surge is kinda down for now and it’s always advisable to buy the dip to accumulate more profit if you’re buying for a short term. But if you’re buying for a long term it’s advisable to buy voluminous amount of bitcoin so the wait can really worth it. Buying bitcoin is complicated when you don’t know how bitcoin market works. But one thing for sure is not to buy when the market is high, for instance bitcoin is down almost $20000 lower than all time high and definitely bitcoin always double it price whenever the market is going up. So it’s advisable to buy this dip because the higher bitcoin goes the higher the dip will always be, today dip price has once been all time high long ago, joining earlier will always be the preferable option.
  The best time to buy Bitcoin is when nobody wants it, just like the crash in march of 2020 where people sold heavily through exchanges like Coinbase, Primexbt, Binance,  Kraken etc… with prices going as low as 3200 per 1 Bitcoin. This is when people should stock up heavily on it but the problem here is human psychology as it is very hard to make yourself to buy something when things look bleak. The problem now when we are in a bull market is not to FOMO as there will definitely be corrections on the way up. And when you see a such correction then it may be a favorable time to buy Bitcoin. Keep in mind that Bitcoin may go for a prolonged time without experiencing corrections especially in strong bull markets like the one we are now

[rozak]

 
  The best time to buy Bitcoin is when nobody wants it, just like the crash in march of 2020 where people sold heavily through exchanges like Coinbase, Primexbt, Binance,  Kraken etc… with prices going as low as 3200 per 1 Bitcoin.

it just requires people with complete belief in Bitcoin's future potential. those who panic sell when prices fall, only think about taking the opportunity to avoid losses or secure their profits quickly. and hope they will wait at the bottom again to collect more.
if you want to buy Bitcoin, then do it right away. Don't delay if you plan to invest long-term. There is no problem if you buy gradually every time you have money that you allocate to Bitcoin. let's say $100 every week, that's not a bad thing. there may be investors who wait for the moment of decline and buy in large quantities to take advantage of lower prices. but if you don't have more money, you can accumulate your Bitcoins slowly.

[KingsDen]

So my question is when is the best time to buy Bitcoin?

The question of when to buy is best answered based on your investment goal. The time the Mr Bob would want to buy will not be the time that Mrs Alice will want to buy if both has different investment goals.
For instance, bitcoin price is within $37k and anyone who is willing to take profit in the next 2 years can buy bitcoin now and wait till the next 2 years and they will be on profits.
There are people who will buy at 37 because they are targeting 40k, which I think is somewhat risky. While some buy continuously with the DCA method.
So, everyone has their entry points according to their investment goals but the best rule to buy is to buy low and sell high.