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Author Topic: Best time to buy BTC NOW?  (Read 2495 times)
boty
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January 26, 2024, 05:35:17 PM
 #61

Things to consider before investing in bitcoin. If new investors in the market they need to know about the market and then decide to invest. Most of the investors like to hold when the price goes down I would say maybe it is the right time for them. Bitcoin's price has gone down now and long term investment will yield good results. Going forward with faith and based on you can hold on to.
When an investor decides to invest in Bitcoin, of course they have a good understanding of Bitcoin and for some who are just starting to invest, of course they have to understand well how Bitcoin works and don't let them not understand but decide to invest, so they will panic when the price of Bitcoin down and continue to sell at a loss, in collecting Bitcoin of course they have a different strategy from others if they collect a large amount of course they are ready with the capital they have to hold it for a long time to be able to get a profit from the investment and if they collecting using the DCA method, of course they will buy at any time according to the schedule they have set before investing and will be able to make a profit when prices are high.

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January 26, 2024, 06:07:56 PM
 #62

You will never catch really best moment to buy btc. Just buy it during decreasing, don't care about the best entry, it doesnt matter in the long term
The best moment, no, but you can get an idea of when is not a good idea: for example, in the last months, bitcoin has been constantly growing, there were almost no dumps, it was a situation that was clear it couldn't last too long, and it was kind of easy to predict that the ETFs approval would have been a sell the news event. Buying bitcoin at $45+ in that situation would have beeb a crazy move.

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January 26, 2024, 07:04:06 PM
 #63

The market will always attract buyers and sellers whether it is from Saudi Arabia or America, it doesn't matter. What matters is the reaction on the market itself which will be revealed on the trading chart itself. That is where you can make the best decisions afterwards and not through what you can't ascertain or that will not even make the market move significantly. Finally, I advise you to resume the buy when the bullish pattern is reactivated in the market, it will go a long way to help you.

When and what are the signs that a bullish pattern is triggered in the market? Do you have a crystal ball to know the future? In my opinion, this is the worst advice for investing in bitcoin, why start buying in a bull market?
If this is the worst advice you know, then do not take it, after all, it is not by force, and any view we share here is one's opinion and still subject to the reader's research, so it is never by force. But before I go, it's clear that you are confused about trading/investment or you do not just understand what you replied to. For the record, micro and macro data related to Bitcoin are flying up and down daily which moved the market in their little ways, and so are varied sizes of demand and supply happening in the market, but it is not all that will have a significant effect on the market. This means that monitoring who buys or sells Bitcoin or always studying the market data will always confuse people, if not, people would have devised the best guage to know this and act promptly and will never lose anymore. But the reverse is the case, this is why we have our chart to guide us provided you know how to use it well, and investment through the chart guidance will properly inform you of what to do in real-time. This was what brought about my bullish pattern if you do not know.

Do you buy the market when the pattern is bearish? I wonder why it was difficult for you to understand that one can start buying an asset when the market pattern confirms a bullish signal.

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January 26, 2024, 07:41:28 PM
 #64

Todays example shows how fast things can go, within the last 24 hours it is +6% and if a few more % are added in the next few days, then January will even be a positive month. So the price change in January could start with a +1-2%. For many people in the world, these are big % changes today, but with bitcoin we have often seen much more. I dont want to talk about altcoins now, because there it was even bigger. Bitcoin + Halving and the next two months should be interesting, so i stay in bitcoin and hodl.

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January 26, 2024, 08:23:18 PM
 #65

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?
This thread was created in the month of January 25, 2024, 08:33:38 PM, and from your opening topic, you referring last month as the month December which bitcoin was not at it lower price $42,091.75 to $42,156.90 so which one are you referring to as the lower price in last month. Or you did a mistake in the calculating the date of the price.

The best time to buy is now till the halving so that the investors can or will smile in the Bullish time to come. The halving is very close and the bull is also sooner after the halving did. Invest now and rest and wait for the bull to come.









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January 26, 2024, 08:27:40 PM
 #66

There is no end point to buying bitcoin. I have a question: why haven't you bought Bitcoin when it was below $20K, and now are you asking to buy Bitcoin? The answer is pretty simple; we weren't aware of how Bitcoin would act. So the answer will remain the same for now as well. You have to know about the risks involved with a bitcoin investment. So each dip is the right time to buy bitcoin. But invest what you can afford. We aren't your financial advisor, but a DCA strategy would be a good idea to accumulate Bitcoin.

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January 26, 2024, 08:56:29 PM
 #67

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?

I do agree that today may be the best time to buy BTC now for your long-term investment.

As a rule, the best time to purchase any BTC is when you discover about its existence- aka your first day of learning about BTC. While this may be true, if you can also check the price history graph, you may see a pattern where the price of BTC is increasing over the past few months.

For either long or short-term strategy, it is definitely recommended to purchase BTC to take advantage of its price volatility in the market.
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January 26, 2024, 08:57:27 PM
 #68

As you might know, the price of bitcoin has reached its lowest 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?
I don't know why some people are still waiting for the bitcoin price to drop down more before they buy their bitcoin, when they can use the benefit of the DCA method to accumulate as many bitcoins as they want at different prices. Waiting for the Bitcoin price might be a very wrong decision because the price of Bitcoin might just decide to keep moving up to start the main bull run. If it happens that way, the people who are waiting for the price drop have missed out on investing at a very low price.
If you are willing to invest in Bitcoin for a long-term investment, you can withdraw your Bitcoin at any time and still get your profit after some years.

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January 26, 2024, 09:08:19 PM
 #69

Buy it while you can afford to buy it don't just wait with hesitation because of the empty hope that bitcoin will go down again because if that doesn't happen your opportunity will be lost so in this case as long as you are able you must make a purchase.
As for when bitcoin has decreased again, there is nothing wrong with buying if you still have money left over because it is also a good thing to do.

At least until now, i have done such a concept where I will buy regardless of whether bitcoin will go up or down but as long as i can afford to buy I will buy it of course with the money that is budgeted for the purchase of bitcoin because in 1 month I always budget some of my money to buy bitcoin every week.

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January 26, 2024, 09:44:25 PM
 #70

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?
If someone makes an investment based on rumour, I would say it is better not to make this investment. Actually, if we talk about the best time, then we always have to regret because we lost the best dip last year, I don't think we will find such a dip for such investments before the bull season starts.
So now if you say the best time below 39k or 40k, then I would say it is ok for 2024 because I think in 2024 Bitcoin will fluctuate within the 37k to 50k range. In the case of short term traders, I will say observe the market and see if you can find a better dip. However, investing large amounts at once can be risky. And for long term traders it is always best time to buy bitcoin following the DCA method.

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January 26, 2024, 09:49:51 PM
 #71

The truth, that the best time to buy BTC was always in past. If you really want long term investments, no matter when you buy it, just hold and add every month add some to the pot.
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January 26, 2024, 10:14:50 PM
 #72

In my opinion the best time to buy Bitcoin is always but here is a terms and the terms is investment should be for long term. It can be still risky if you want to do a big investment for short period. But I think current price is also a good price for buy Bitcoin because if we looks behind the all time high price of Bitcoin is 69k so there is there still a good chance for making profit.

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January 26, 2024, 10:23:32 PM
 #73

Buy it while you can afford to buy it don't just wait with hesitation because of the empty hope that bitcoin will go down again because if that doesn't happen your opportunity will be lost so in this case as long as you are able you must make a purchase.
As for when bitcoin has decreased again, there is nothing wrong with buying if you still have money left over because it is also a good thing to do.

At least until now, i have done such a concept where I will buy regardless of whether bitcoin will go up or down but as long as i can afford to buy I will buy it of course with the money that is budgeted for the purchase of bitcoin because in 1 month I always budget some of my money to buy bitcoin every week.
Some people have the wrong idea of buying, they just buy when the price is going up but not during the correction because they think that it is easy for them to make money and not to wait longer rather than buying at cheap which they waited several months or years to earn a profit.

But I have no claim if that strategy is right or wrong as we can make our own way of earning because what is important is that we all reach our main goal - PROFIT. In this market, we can't say when is the perfect time to buy but at least buying at a cheap price is best. However, it is not all about when to buy but also we need to learn how to hold.



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January 26, 2024, 11:11:36 PM
Last edit: January 28, 2024, 12:14:21 AM by oktana
 #74

2 days later and it’s going up again. Tongue There’s no perfect time to buy Bitcoin. As long as it’s in a similar price range, just place your buy order and stop waiting for it to drop further and all of that. I think the people who should care so much if Bitcoin dropped by even a few bucks are people who are buying so many Bitcoins, or at least one. But for the majority of people who are buying a smaller amount, all those cents don’t really matter because you’ll make more than the cents when the bull market comes.



 

 

 

 

 

 


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January 26, 2024, 11:29:41 PM
 #75

Those who are holding vast amount of bitcoin are currently panicking at this moment while those who are planning to maximize their bitcoin investment are given opportunity to ride the hype and gain massive profits when bitcoin bull run is here.

However, to be honest, this recent price dip is not new to us. We have seen in the past Bitcoin halving that before it finally takes place, price dips will eventually occur, and history just repeats itself.

If you are wise enough, you will see a good opportunity with this price dumps, but if you are more greedy and is only focused on your expected future profits, you will definitely find it hard to manage the price dips without worrying or panicking.

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January 27, 2024, 04:16:38 AM
 #76

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?
In my opinion, since 2025 is likely to be the start of Bulran, I think there is ample opportunity to invest till the start of Bulran. However, the Bitcoin price had dropped to 38k two days ago, and there was considerable investment opportunity at that time as well. Those who invested 38k dollars are also currently in some profit, today I saw the market has risen to around 42k. Bitcoin is difficult to predict when the market will go down and when the market will go up. So in my opinion it might be better to invest in DCA method until halving.
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January 27, 2024, 04:28:29 AM
 #77

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 missed another opportunity when the Bitcoin ETF hit $48,969 on the news and since then the market has slowly drifted down to $38,555. Those who had the patience to invest and invested when it reached $38,555 would have had a nice profit left at current prices. But those who are still prepared to invest, you can wait for the market to go down a little more. Also those who feel that the market will not rise further can continue to invest using the DCA method. If you invest using the DCA method, your investment success will be higher.

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January 27, 2024, 05:56:32 AM
 #78

The best way to buy Bitcoin or other cryptos? Just buy a bit of them regularly. It's called dollar-cost averaging, and it's pretty chill.

Instead of trying to guess the perfect time to buy, you just invest the same amount every so often. It's a cool way to build up your crypto stash over time and not sweat the crazy ups and downs of the market.

Perfect for anyone who wants to get into crypto without the hassle of playing the market whiz.
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January 27, 2024, 06:24:28 AM
 #79

Cryptocurrencies, including Bitcoin, are known for their price volatility. Prices can experience significant fluctuations in short periods. Be prepared for the possibility of further price changes Rather than trying to time the market, some investors prefer a strategy called dollar-cost averaging. This involves regularly investing a fixed amount over time, regardless of the asset's price. This approach can help mitigate the impact of short-term market fluctuations.
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January 27, 2024, 06:45:09 AM
 #80

You want to know the best time to buy Bitcoin from the market, hope you have the money to buy when you know the right time to buy? this is the best time to purchase Bitcoin from the bearish market and hold them in your wallet for the price to change to bullish which is the best time to sell to add income to your incomes.  Those that have the money with them used that opportunity to purchased Bitcoin  few days ago when the price decreased to $39,538 to add the Bitcoin for the ones they are holding since the bearish season appear. The price of Bitcoin take another moved this morning to hit $41,867 and the green light is still displaying for holders to begin to notice some positive sign in the market.

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