Best time to buy Bitcoin now and before the Bitcoin Halving: April 22, 2024

[Lucius]

I don't agree with this, because if you follow this logic, it will never be worth investing in bitcoin, as it is always appreciating.... imagine if I had thought in 2022 that BTC was worth 1 USD a few years earlier, why would I Would you buy it for 16 thousand dollars? It wouldn't make sense.
You should think about the fundamentals that make it valuable, not the price of the screen. DCA always!

You can disagree with what I wrote as much as you want, but the OP literally claims "Best time to buy Bitcoin is around the time of Bitcoin Halving: April 22, 2024", which literally means what it says - and that is that the best time to invest in Bitcoin is around the time of the halving, and I claim that there is a much better time for those who consider Bitcoin only an investment and nothing more.

This is not about DCA as you think, but about wrong advice to all those who will read this. For maximum profit, you buy at the bottom, not when the price is three times higher than that.

[Z390]

It's not going to be the best time, trust me, I don't know the future but I do believe that the best buying time for Bitcoin was at 17,000 and now that is gone already, the halving period can be a good time too but don't expect the massive dip like 17,000 again.

The lowest I expect this year will be in the thirty k range and I still believe that many people will end think we are going back to 10k, well good luck with that, this is how many people always miss good buying opportunities and they will have no choice but to buy higher after.

[cryptoWODL]

It's not going to be the best time, trust me, I don't know the future but I do believe that the best buying time for Bitcoin was at 17,000 and now that is gone already, the halving period can be a good time too but don't expect the massive dip like 17,000 again.

The lowest I expect this year will be in the thirty k range and I still believe that many people will end think we are going back to 10k, well good luck with that, this is how many people always miss good buying opportunities and they will have no choice but to buy higher after.

It was a long time ago that the price of Bitcoin was 17000 dollars.The price of Bitcoin has been between $40,000 and $42,000 for the past few days, perhaps the best time to buy Bitcoin is still upon us.

As you mentioned when the price of bitcoin was 17 thousand dollars those who did not invest in bitcoin are now regretting it and now the price of bitcoin is 410000 dollars so those who are not investing in bitcoin yet when the price of bitcoin increases will also regret it like before.

So everyone should invest in Bitcoin using DCA method to avoid regret. But there are also some investors who are waiting for the price of Bitcoin to fall. I think they should invest in Bitcoin now instead of waiting as the price of this coin has dropped a lot.

[johnsaributua]

For me, the trend of buying bitcoin is durable because bitcoin is the most trusted asset in the history of crypto investment, if this time thinks the time is right, it is possible that tomorrow night will turn around deeper correction before there is a price continuation, meaning that in and out of assets the interaction of traders and buyers depends on what bitcoin will be used for, until there is a crowd to buy. Btw to save bitcoin is good advice and everyone has a different art of entry point.

Many are talking about countdown, past and after like a new life happens after halving, what we will be later is that the minner will decrease. not like halving 5 years ago until it was really felt in life and the economy the impact of bitcoin skyrocketed, especially hardwhare. If the halving comes with the countdown time maybe I will be happy I can't imagine how very impatient the time is waiting for, I will save bitcoin maybe regularly every week to welcome.

[AprilioMP]

The months leading up to the Bitcoin halving is when Bitcoin prices is at it's lowest.

Anyone new to Bitcoin needs to buy from now until the halving. Bitcoin prices always go up after the halving from 2016, 2020 and now 2024.

Unfortunately, most people will only buy during the Bitcoin bull run hype during 2025 when the prices are at an all time high. Which is the worst time to buy Bitcoin.

Anyone that is reading this now during the halving year. You're one of the smart investors and understands Bitcoin's history. Buy when it's low. Hold when it's high. Sell at the top.

This is just the opposite of the question of when to buy Bitcoin and the answer is as long as we can afford it [after other important needs are met] and have the desire to buy it.
The halving event is an event that is awaited and longed for by holders according to a survey I conducted myself by reading various existing articles and opinions.
If halving becomes light, then the current situation is a star where later the moon will come which will make the star disappear.

Bitcoin's previous all-time high was $69,044.77. So the price of $40.9k - $42k - $45k is a very reasonable price to buy while waiting for the moon to cover the stars in light.
In a matter of 24 hours now, the price of Bitcoin has decreased by 4%. Imagine if we buy at prices like now, how much return we will get when the previous all-time high price is passed and reaches a new all-time high price.

Buy low, yes. And at this time because the prices in previous months can no longer be purchased because they have passed.

[criptoevangelista]

I don't agree with this, because if you follow this logic, it will never be worth investing in bitcoin, as it is always appreciating.... imagine if I had thought in 2022 that BTC was worth 1 USD a few years earlier, why would I Would you buy it for 16 thousand dollars? It wouldn't make sense.
You should think about the fundamentals that make it valuable, not the price of the screen. DCA always!

You can disagree with what I wrote as much as you want, but the OP literally claims "Best time to buy Bitcoin is around the time of Bitcoin Halving: April 22, 2024", which literally means what it says - and that is that the best time to invest in Bitcoin is around the time of the halving, and I claim that there is a much better time for those who consider Bitcoin only an investment and nothing more.

This is not about DCA as you think, but about wrong advice to all those who will read this. For maximum profit, you buy at the bottom, not when the price is three times higher than that.

Really, after your explanation, your previous answer makes complete sense.

I only considered the price region and not the exact day and time. Seen from this point of view, the OP is really completely wrong, it is impossible to give a specific date to buy with that precision.

Because the theory of cycle dynamics is completely different, there are many, many variables along the way.

[Lucius]

~snip~

I'm glad you understood what the OP was saying and what I was trying to explain. If we look at investing only from the perspective of price, then by following the four-year cycle, we can quite well detect when the price will be the lowest in that period. On the other hand, there is another factor when it comes to investing in Bitcoin, and that is the time factor.

Some investors will prefer to wait as long as possible, whether it is the time just before the halving, or the first signs of a bull run after the halving - because the price is obviously less important to them, and their goal is to make as much profit as possible in the shortest possible period. For those who invest a lot of money, this strategy probably pays off, because when the big bull run starts, you can earn 100% or more in a very short period of time.

If you invest say $100 000 or $1 million when the price is say $50 000, that makes a big difference in terms of profit compared to someone who invested at a much lower price, but invested much less money.

[BuyingBitcoin]

And the sad part is - people will read and still won't take any action. It is human nature and note that not everyone is destined to make it. Btc was as low as 20k few weeks back and people where busy calling for below 10k, such people are still hoping to buy btc at below 10k 
I don't think btc will go lower than 20k before the bull finally hit and many people did not take advantage of the opportunity. It is one thing to put this type of message out there and it is another thing for people to act on it.
There will always be the ATH buyers, they are the type that buy high and sell low and then call btc a scam for their lack of understanding the market. 

You are correct about human nature and that most people will still not take any action after reading reasonable positive advice. 

~snip~

I'm glad you understood what the OP was saying and what I was trying to explain. If we look at investing only from the perspective of price, then by following the four-year cycle, we can quite well detect when the price will be the lowest in that period. On the other hand, there is another factor when it comes to investing in Bitcoin, and that is the time factor.

Some investors will prefer to wait as long as possible, whether it is the time just before the halving, or the first signs of a bull run after the halving - because the price is obviously less important to them, and their goal is to make as much profit as possible in the shortest possible period. For those who invest a lot of money, this strategy probably pays off, because when the big bull run starts, you can earn 100% or more in a very short period of time.

If you invest say $100 000 or $1 million when the price is say $50 000, that makes a big difference in terms of profit compared to someone who invested at a much lower price, but invested much less money.

Yep I was trying explain a basic strategy to invest in Bitcoin for newbies. Bitcoin halving is a good low range but it's not the lowest price. I shouldn't have said that Bitcoin halving is the lowest price because it's not.

That's how you see things around Bitcoin, it doesn't mean that others will think and do the same, the best time for me was in 2022 so far, even all the altcoins I bought at that period are so damn good in value right now.

The best time people should have invested in Bitcoin was in 2022, even if there will be massive correction now you aren't going to see 16k Bitcoin again, while everyone are waiting for 10k it never happened, the train already left.

Buying now doesn't mean you won't make money, but the best opportunity to have bought is already gone, 16k per Bitcoin was the best price ever, this is why waiting is dangerous.

You are correct. 16k was the lowest price within that past 2 years.

I would always say that the best time to buy bitcoin is at its dips, but knowing we can’t predict when will be bitcoin at its deepest price, then probably the best time to buy is now. Regardless of the current price of bitcoin, if you keep on waiting for the perfect entry, you might end up losing another opportunity to invest. So I prefer to say that now is the best time to invest. Take it or leave it, bitcoin has great potentials to succeed so we should not miss any opportunity to buy and hold.

Good advice and that's the most popular advice is to buy the dip. Buying the dip is a strategy never fails long term.

Often, we see the question: Is this the right time to buy bitcoin? during the bull run. But now they are ignoring accumulating bitcoin when it's cheap. I agree with the OP; after each halving, Bitcoin seems to pump hard. So we might see a real bull after the halving. It's most likely the end of this year or the beginning of 2025. I will prefer the DCA strategy to accumulate bitcoin right now. Today, Bitcoin is trading in the $41K zone, which is a buy point as well. I am not sure if we can see Bitcoin below $30K before halving. So DCA will work well at the moment.

Thanks. I was just explaining a basic strategy of buying Bitcoin before the Bitcoin halving even months after the Bitcoin halving the prices are still at a low price before the bull run starts.


I read everyone's insightful opinion I changed the thread title to "Best time to buy Bitcoin now and before the Bitcoin Halving: April 22, 2024" 

Basically, Bitcoin is volatile, we can't 100% predict the price. Bitcoin has lowest prices in the past and highest prices in the future. That's why investing in Bitcoin today is the best strategy.

I bought Bitcoin today January 22, 2024

[moderator's note: consecutive posts merged]

[Onyeeze]

Does bitcoin have best time you can invest in bitcoin so I know quite well that bitcoin investment is something I know that we can as well do at any point in time, so therefore I believe that Investing in bitcoin doesn't have any duration you can invest anytime for someone to invest investment is something that you have no measurement but only what you have to do is to mention that you will make a research concerning what you want to invest on so that you will not end up and losing whatever thing that you invested or capital you use for the investment

[freedomgo]

It's not going to be the best time, trust me, I don't know the future but I do believe that the best buying time for Bitcoin was at 17,000 and now that is gone already, the halving period can be a good time too but don't expect the massive dip like 17,000 again.

The lowest I expect this year will be in the thirty k range and I still believe that many people will end think we are going back to 10k, well good luck with that, this is how many people always miss good buying opportunities and they will have no choice but to buy higher after.

Gone are the days when we are seeing bitcoin at $17k. The lowest price drop speculated this time may only be until $30k or $25k, and I think that’s still a good buy in preparation for the bitcoin bull run. Let’s be more realistic and not focus on what is hard to bring back. Just buy bitcoin today and continue to DCA in the next days, believe me you will still ride the hype when the bull market is here for real.

[JariKriting]

That's how you see things around Bitcoin, it doesn't mean that others will think and do the same, the best time for me was in 2022 so far, even all the altcoins I bought at that period are so damn good in value right now.

The best time people should have invested in Bitcoin was in 2022, even if there will be massive correction now you aren't going to see 16k Bitcoin again, while everyone are waiting for 10k it never happened, the train already left.

Buying now doesn't mean you won't make money, but the best opportunity to have bought is already gone, 16k per Bitcoin was the best price ever, this is why waiting is dangerous.

The most appropriate time to buy is 2 years post halving. usually 1 year post halving the price will reach its latest ath. then drop to its low point 1 year later.
So you buy time in 2022 is a very good time.
But even before halving, buying coins is also good and good. because 1 year after halving the coin price will definitely skyrocket towards its latest ATH.

[el kaka22]

Buying bitcoin is two different situations, one is when you do not have money and putting yourself at risk when you are trying to buy, and another would be not buying bitcoin when you already have money and just do not want to risk it by putting it in bitcoin. The part where you have the money but not the courage is the biggest problem.

If people with excess money that they could afford to buy bitcoin but do not have the courage and fear buying bitcoin all ended up buying bitcoin, we would be over 200k by now, maybe closer to 500k. There are billions in the world who go to waste on silly stuff like bank interests, why would you want to make somewhere between 1% to 10% in horrible savings when you could just buy bitcoin with it?

[nimogsm]

It's not going to be the best time, trust me, I don't know the future but I do believe that the best buying time for Bitcoin was at 17,000 and now that is gone already, the halving period can be a good time too but don't expect the massive dip like 17,000 again.

The lowest I expect this year will be in the thirty k range and I still believe that many people will end think we are going back to 10k, well good luck with that, this is how many people always miss good buying opportunities and they will have no choice but to buy higher after.

I don’t know what needs to happen for there to be a dip to 30 thousand. So far everything looks calmer and many are in accumulation mode, even the last adjustment that took place the other day was quite quickly returned to the previous values, since there are not many people willing to sell at current prices freeze in anticipation of the halving and closer to it the situation will be more clear.

[8rch7]

For investor they not thinking about the best time for investing in bitcoin before the halving upcoming two months later, they have faith with bitcoin the best investment assets in the future and keep accumulate bitcoin every moment have without take care price up or down. I have difference way for investing in bitcoin although as long term profitable target but left 20% of my fiat hold to buy back when bitcoin price drop drastically.
Its not matter with close halving or not because the best time for investing in bitcoin depend on price of bitcoin not close halving or not.
I think if some one have planning with bitcoin halving to invest in bitcoin they will not interested yet keep accumulate bitcoin investment after halving time and afraid with bitcoin get potential have lower price.

[taufik123]

-snip-
I have difference way for investing in bitcoin although as long term profitable target but left 20% of my fiat hold to buy back when bitcoin price drop drastically.
Its not matter with close halving or not because the best time for investing in bitcoin depend on price of bitcoin not close halving or not.

You do the right thing by leaving 20% of the Fiat capital you used as a reserve when the market suddenly crashes.
You will buy cheaper and get more assets.
That's a strategy that I also apply to get a chance to buy again.

Whenever investing is good, as long as you start coming in and setting your main target, it will be a portfolio that will grow.
But don't be too tempted by FOMO and buy it right away, make sure the purchase is made at the right time.

[Oasisman]

-snip-
I have difference way for investing in bitcoin although as long term profitable target but left 20% of my fiat hold to buy back when bitcoin price drop drastically.
Its not matter with close halving or not because the best time for investing in bitcoin depend on price of bitcoin not close halving or not.

Whenever investing is good, as long as you start coming in and setting your main target, it will be a portfolio that will grow.
But don't be too tempted by FOMO and buy it right away, make sure the purchase is made at the right time.

I think that person you've quoted is most likely not going to get affected by FOMO as he does look like someone who has been stacking bitcoins very strategically similar to DCA, if not he's been DCAing. He did also mention that investing in bitcoin did not matter whether or not we're close to the next halving, so that's another indicator for someone who doesn't get easily affected by FOMO.

[|MINER|]

Actually in my opinion it is always best time for buying bitcoin for the long term holder. But the scenario will be kind of different for the short term trader and also who are currently investing by focusing on the next bull run . Then yes they have to take all dips for investing on bitcoin . And not only just the first quarter of 2024 I think there will be also many dips after the April so I think then also they will have the time. Investing with large amount at once wasn't good idea for me .

[FinePoine0]

A year leading up to the Bitcoin halving is when Bitcoin prices is at it's lowest.

Anyone new to Bitcoin needs to buy from now until the halving. Bitcoin prices always go up after the halving from 2016, 2020 and now 2024.

Unfortunately, most people will only buy during the Bitcoin bull run hype during 2025 when the prices are at an all time high. Which is the worst time to buy Bitcoin.

Anyone that is reading this now during the halving year. You're one of the smart investors and understands Bitcoin's history. Buy when it's low. Hold when it's high. Sell at the top.

The current low price of Bitcoin is an opportunity for investors as they can invest in Bitcoin at this low price. Of course, going into 2025, they will be able to sell bitcoins at the highest price and their profits will be huge if they sell bitcoins.  All these rules you can definitely solve yourself if you are looking at bitcoin halving 2020. This is currently the last chance to invest in Bitcoin, as the price of Bitcoin is definitely lower before the halving. So everyone should use this opportunity to invest in Bitcoin quickly. As you all know for sure, the price of Bitcoin is on the upswing.

[Nothingtodo]

This time can be considered suitable for those who want to invest for long term but those who have short term investment plan should wait for the market to go for a little correction. However, this may be the best time before the Bitcoin halving and there may not be a better time to invest in Bitcoin after the halving. Back in April I decided to pick this time and I decided to buy some bitcoins and hold them until after the halving.

[mich]

Well yes I do think that is some good advice to buy more Bitcoin before the halving. The next Bitcoin halving is 72 days away so still time to stack some before we become 'bullish'.

MicroStrategy founder Michael Saylor did say that he thinks price of Bitcoin in 2024 is going to be $350,000. I do not know if we will see that much of a price but when he is 'bullish' then it is a good thing.