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Author Topic: Best time to buy BTC NOW?  (Read 2557 times)
yazher
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February 06, 2024, 10:29:00 AM
 #181


We saw Bitcoin reach around $49k after the Bitcoin ETF was approved. It reached 38 thousand dollars by dumping from $49k. Bitcoin is now between $38,000 and $43,000. But since we have seen the market dump before the Bitcoin halving, we can expect dumping before the Bitcoin halving. It is still a good time to invest in Bitcoin but if anyone thinks Bitcoin will buy from more dumping conditions then you can wait. But it is better to invest using DCA method because even if there is no dumping of market, if you invest in DCA method from now then your investment success will be more.

This might be the last chance for us to see a price as low as this one because when another company announces their implementations of bitcoins, surely the price will further increase and will not give us another chance to buy this low and that's why this is the right time to buy if you have been doubting since last year because the bitcoin halving is approaching and there won't be a better time to buy other than today. After the price crashed not so long ago, we see that it recovered again and it's still at $40,000+ this is an indication that we are holding solid ground rather than seeing the price to further after the ETF event.

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February 06, 2024, 12:02:18 PM
Merited by fillippone (1)
 #182

In my opinion, there should be no more waiting for Bitcoin investing. Because in these few weeks, the price of Bitcoin has come down a lot. At any time, the price of Bitcoin can return to normal. So I will not wait any longer for investing in Bitcoin. I want to invest in bitcoin now and hold long term by investing in bitcoin. From what I understand from my little knowledge now is the right time for every investor "to" get into or invest in Bitcoin.
Yes I agree with you, bitcoin halving is upcoming so I think it's a good time to start accumulating bitcoins. Bitcoin price is moving up and down between $42k- $43k. If you want to invest Bitcoin with DCA method then I think starting now is better option for you. If you want to invest big amount in Bitcoin then you can wait till middle of this month after Bitcoin may take some correction possibility that is my personal opinion. Experiencing a bull season towards the end of the year must not miss the current times to invest in Bitcoin and hold on to it.
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February 06, 2024, 04:06:27 PM
 #183

As you might know, the price of bitcoin reached its lower point since last month.

Should those who want to buy more do it now or do you believe we'll see the bitcoin price get down a little more?

Some here were talking about rumours of BTC being purchased from Saudi Arabia, but well, that's just a rumour.
But people tend to panic and sell, so this might be the best moment to buy as much btc as possible. What do you think?

We cannot tell about the future of bitcoin or if the price will drop any further. If anyone is interested in buying more bitcoin, they should act quickly. There is no longer any time to wait for the price to decrease. For instance, if we continue to wait for the price to decrease before buying more bitcoin and it starts to rise right now, we will miss the chance to buy it. Don't worry, though; if you would like to buy more, we are still in the right time. The more time we waste, the more chances we will continue to miss. The price of bitcoin has dropped to around $43k after hitting $45k in the past few weeks. If you are interested in bitcoin, you should not be afraid to purchase more at any time, as we will never lose. Some people are still regret not buying bitcoin when it was around $25k. They thought the price would go down before they made the purchase, so if we have the money to purchase more let buy and hold.

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umbara ardian
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February 06, 2024, 04:48:42 PM
 #184

Predicting the "best" time to buy any asset, is notoriously difficult. While buying during a dip can be tempting, it's important to remember that past performance is not necessarily indicative of future results. The market is inherently volatile, and even the most experienced investors can struggle to accurately predict its movements.

It's true that some investors see bear markets as buying opportunities. However, this strategy requires significant risk tolerance, a long-term investment horizon, and a deep understanding of the underlying asset. Simply buying during a dip doesn't guarantee future profits. The price could continue to fall, and even if it eventually rises, it may take years to reach its previous peak.

While a price increase is a positive sign, it's crucial to avoid overconfidence and emotional decisions. The market can be unpredictable, and even a bullish trend can reverse quickly. Remember, investing should be based on a well-defined strategy and risk management, not just short-term fluctuations.

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irsykes
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February 06, 2024, 04:50:20 PM
 #185


We saw Bitcoin reach around $49k after the Bitcoin ETF was approved. It reached 38 thousand dollars by dumping from $49k. Bitcoin is now between $38,000 and $43,000. But since we have seen the market dump before the Bitcoin halving, we can expect dumping before the Bitcoin halving. It is still a good time to invest in Bitcoin but if anyone thinks Bitcoin will buy from more dumping conditions then you can wait. But it is better to invest using DCA method because even if there is no dumping of market, if you invest in DCA method from now then your investment success will be more.

This might be the last chance for us to see a price as low as this one because when another company announces their implementations of bitcoins, surely the price will further increase and will not give us another chance to buy this low and that's why this is the right time to buy if you have been doubting since last year because the bitcoin halving is approaching and there won't be a better time to buy other than today. After the price crashed not so long ago, we see that it recovered again and it's still at $40,000+ this is an indication that we are holding solid ground rather than seeing the price to further after the ETF event.
That's right, don't waste the best opportunity before Bitcoin goes to the next month. Many believe that this correction will actually be the final position. The bitcoin halving is only a few months away from the countdown, there will definitely be a bitcoin price position below the dip in the coming week

cryptoWODL
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February 07, 2024, 05:21:26 AM
 #186

Any prediction for btc $100,000 or near? There are a lots of people saying btc can rise upto $100 or more
Bitcoin price can be $100,000 (million) dollars. No one can say for sure what will happen in the cryptocurrency market but we can guess and predict how high the price of the coin will reach. If the price of Bitcoin is $100,000 (million) dollars then it is not surprising. We often see bitcoin prices go down and even go up.

If you look at the history of Bitcoin price, you can see that when Bitcoin was created the price of Bitcoin was very low but since then the price of Bitcoin has increased to where it is today. Maybe then many people imagined that the price of Bitcoin might increase a lot and one day it came true. Just as we are now imagining or predicting that the price of Bitcoin may be $100,000 (million) it may be possible in the future.

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February 07, 2024, 08:44:05 AM
 #187

Any prediction for btc $100,000 or near? There are a lots of people saying btc can rise upto $100 or more
Bitcoin price can be $100,000 (million) dollars. No one can say for sure what will happen in the cryptocurrency market but we can guess and predict how high the price of the coin will reach. If the price of Bitcoin is $100,000 (million) dollars then it is not surprising. We often see bitcoin prices go down and even go up.

If you look at the history of Bitcoin price, you can see that when Bitcoin was created the price of Bitcoin was very low but since then the price of Bitcoin has increased to where it is today. Maybe then many people imagined that the price of Bitcoin might increase a lot and one day it came true. Just as we are now imagining or predicting that the price of Bitcoin may be $100,000 (million) it may be possible in the future.
$100,000 million, what kind of amount is that? It looks too high that looks impossible to reach. Maybe it will take a "million" years for Bitcoin to reach that price.


The current price of Bitcoin is at a level where many investors consider it to be in the accumulation stage. You have the option to follow their investment strategy by buying during this time, or you can choose to buy regularly, either monthly or in a lump sum. It's up to you because the halving event is approaching, and once the rally begins, you may not have the opportunity to buy Bitcoin at the current price.

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rojan
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February 07, 2024, 03:04:45 PM
 #188

That's right, don't waste the best opportunity before Bitcoin goes to the next month. Many believe that this correction will actually be the final position. The bitcoin halving is only a few months away from the countdown, there will definitely be a bitcoin price position below the dip in the coming week
I expect the price of Bitcoin to rise a lot in the next few months. However, there is no definite understanding of how many days the Bitcoin market will recover. In order to invest in Bitcoin, you need to have good experience with the Bitcoin market and be very patient.  There will be less risk. Never take any decision in haste while investing.

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February 07, 2024, 04:09:09 PM
 #189

It should not disappointed for everyone. see the history of Bitcoin and its rate so I am not disappointed. now buy the deep and hold. If anybody have no sufficient money what can I do?

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February 07, 2024, 10:37:34 PM
 #190

Bitcoin is currently priced at $44k so I guess it’s not the perfect timing to enter the market, but wait for a price correction because it will surely happen after a consistent price surge. However, if you have a good amount of funds that you can afford to lose, then that won’t be a problem anymore. Just stick to bitcoin and do DCA to increase the amount of your hodlings, that way you will come to reap with huge profits when bitcoin bull run takes over the market.

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February 07, 2024, 11:56:52 PM
 #191

It should not disappointed for everyone. see the history of Bitcoin and its rate so I am not disappointed. now buy the deep and hold.

The Bitcoin price is sure to be bullish, as the Bitcoin halving cycle comes every four years. This halving cycle sees the potential for Bitcoin price to reach its peak, so 2024 is Bitcoin halving. So after the Hal-Bing of 2024, the Bitcoin bull run will end in 2025, so you can invest in Bitcoin at this time by targeting this bull run. Before the halving, Bitcoin prices are at record lows and this creates an investment opportunity. 


If anybody have no sufficient money what can I do?

Those who don't have money can participate in the DCA system little by little. So investing in Bitcoin DCA method every monthly or weekly is the most suitable method.

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February 08, 2024, 08:22:50 AM
 #192

Bitcoin is currently priced at $44k so I guess it’s not the perfect timing to enter the market, but wait for a price correction because it will surely happen after a consistent price surge. However, if you have a good amount of funds that you can afford to lose, then that won’t be a problem anymore. Just stick to bitcoin and do DCA to increase the amount of your hodlings, that way you will come to reap with huge profits when bitcoin bull run takes over the market.

Not perfect, but definitely not the worst. The best time was a year ago when it was below $20k.I think that DCA is a good option right now.
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February 08, 2024, 11:16:38 AM
 #193

Bitcoin is currently priced at $44k so I guess it’s not the perfect timing to enter the market, but wait for a price correction because it will surely happen after a consistent price surge. However, if you have a good amount of funds that you can afford to lose, then that won’t be a problem anymore. Just stick to bitcoin and do DCA to increase the amount of your hodlings, that way you will come to reap with huge profits when bitcoin bull run takes over the market.
Before now when the price of bitcoin was below what you just stated many people thought that price was too much to buy bitcoin but as you can see in the market the price of bitcoin is still increasing. Sometimes waiting for the price to come down and thinking it is to expensive to buy bitcoin can be a wrong decision. It is just better to buy bitcoin with money you think you afford to lose than waiting thinking the price is too expensive to buy bitcoin.
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February 08, 2024, 05:17:39 PM
 #194

As you might know, the price of bitcoin reached its lower point since last month.

Should those who want to buy more do it now or do you believe we'll see the bitcoin price get down a little more?

Some here were talking about rumours of BTC being purchased from Saudi Arabia, but well, that's just a rumour.
But people tend to panic and sell, so this might be the best moment to buy as much btc as possible. What do you think?

Regarding bitcoin's unpredictable nature, I can say that it can be purchased at any time. You are correct that now is the best time to buy, and I think that anyone who did so made the best decision. However, bitcoin is not the kind of investment that you should say you will wait for the price to drop before making the purchase; you never know when the price will rise, and if it does, I think you will feel a little guilty for not purchasing it at that advantageous time. Based on your topic, my advice is that no one should even try to wait a little while or think that the price of bitcoin will drop. Bitcoin may be at a low right now, but in a matter of minutes, you will notice that the price is rising, and if you wait to buy, you won't be able to get it the way you are thinking. Therefore, let's be wise and understand the nature of bitcoin.

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February 08, 2024, 07:37:50 PM
 #195

Today shows that it is good to buy and hold Bitcoin. And if you look about 70 days into the future, the price should continue to rise, or maybe maximum in the 100 days after that. The banking crisis could come again and some think it is imminent. So Bitcoin would go up, I think so. Debt is going up at the end of the year in America, how long is this going to go on... if money is created out of nothing, then it can go on for a long time, but Bitcoin will benefit. So when should you buy: today, tomorrow and in the future.

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February 08, 2024, 09:53:02 PM
 #196

Not perfect, but definitely not the worst. The best time was a year ago when it was below $20k.
Eits... Wait a minute. A year ago and when the price was under $20k. A year ago was the same as now because people who bought at a price below $20k already expected the price to reach $45k like the current purchase price.
People buying now are also expecting the price to reach $80k - $100k in the future.

I think that DCA is a good option right now.
Making the DCA method of purchasing a good choice as an answer to the question of when is the best time to buy Bitcoin.

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February 09, 2024, 12:01:33 PM
 #197

That's right, don't waste the best opportunity before Bitcoin goes to the next month. Many believe that this correction will actually be the final position. The bitcoin halving is only a few months away from the countdown, there will definitely be a bitcoin price position below the dip in the coming week
I expect the price of Bitcoin to rise a lot in the next few months. However, there is no definite understanding of how many days the Bitcoin market will recover. In order to invest in Bitcoin, you need to have good experience with the Bitcoin market and be very patient.  There will be less risk. Never take any decision in haste while investing.
Indeed, taking action must be careful before taking steps that will face risks, whether big or small. If you have planned it feels right, carry out your trust. Investment is indeed full of risks, but there are times when we buy coins at the bottom, there are times when we take profits when the altcoin market turns green. Of course you need investment material

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February 09, 2024, 09:18:30 PM
 #198

Should those who want to buy more do it now or do you believe we'll see the bitcoin price get down a little more?

I'm not really asking when to buy. My point is that this might be a good time to buy more BTC.
This is pretty much implying about when to buy mate. You are asking you should wait or not then what are you trying to do then if it's not about that?
Your best time to buy is always now if you are trying to do long-term hodl because of the Bitcoin's nature of price movement if you know about Bitcoin for quite a long time. But if you are into short-term trading then the price is surging quite a lot and you may need to wait for a little bit until halving because the price could get affected by this.

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February 09, 2024, 10:59:02 PM
Last edit: February 09, 2024, 11:30:30 PM by erep
 #199

This is pretty much implying about when to buy mate. You are asking you should wait or not then what are you trying to do then if it's not about that?
Your best time to buy is always now if you are trying to do long-term hodl because of the Bitcoin's nature of price movement if you know about Bitcoin for quite a long time. But if you are into short-term trading then the price is surging quite a lot and you may need to wait for a little bit until halving because the price could get affected by this.
If you focus on long-term buying then everyone will be better off using the DCA strategy rather than buying from all budgets for investment because the fluctuating market price will be corrected in the next few weeks. The advantage if you use the DCA strategy is that you can minimize losses because you buy at different price targets lower than the previous price. However, if you focus on short-term trading targets then you can take advantage of current market conditions to gain profits, but make sure you buy at lower prices during market corrections for a higher chance of making short-term profits.
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February 10, 2024, 01:09:21 AM
 #200

If you focus on long-term buying then everyone will be better off using the DCA strategy rather than buying from all budgets for investment because the fluctuating market price will be corrected in the next few weeks. The advantage if you use the DCA strategy is that you can minimize losses because you buy at different price targets lower than the previous price. However, if you focus on short-term trading targets then you can take advantage of current market conditions to gain profits, but make sure you buy at lower prices during market corrections for a higher chance of making short-term profits.
I think if some one has decision with long term holding they will invest all money and hold bitcoin until up drastically more than several years later, difference ways when investing as short term target will spent few percent left for waiting bitcoin going drop and take moment invest with difference price. Current bitcoin price is very interested for short term trading target with get correction and has opportunity earn profitable with bitcoin trading around 5% in daily day.


Personally, best time to buy bitcoin depend on target achieving as long term or short term, if some one had decision investing in long term they will buy right now although many speculation bitcoin on the higher price. For short term investing better waiting awhile when correction coming and get profitable with fluctuating price of bitcoin with benefit to earn small percent of profit.

 
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