Asuspawer09
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February 04, 2024, 04:09:30 PM |
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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?
The lowest price was March which I think was around 20k$ the drop last month wasn't probably a big drop the lowest I can remember was around 38k$ which is I think just a correction because of the ETF hype I think but there wasn't really any major drop since the market gain momentum when the price was around 20k$. Personally, I really expect the market price to drop even though the price is 42k$ which already gained a lot because just like I've said the market price was around 20k$ in March last year so we got x2 in almost a year which for sure is a great growth of momentum on the market, But at this time is where a lot of newcomers gain in into cryptocurrency so we could easily expect a lot of FUD in the market especially because of the Bitcoin halving event. Most of the traders are going to expect a huge price increase in the market if the Halving happened but in my opinion, just like in the past halving, there might be no movement or possibly just a huge drop after the event. Probably not really the best moment to buy as much Bitcoin as you can since when the market was down on around 15k-20k$ in 2022 was the best time to buy and start to accumulate more Bitcoin since that is the lowest price that we've seen. Still with the dollar cost average I would still recommend buying bitcoin and accumulating as much as you can if you are really going to the long term and planning to sell on the Bullrun which i think is around 2025 or 2026.
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Mr. Magkaisa
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February 04, 2024, 04:27:37 PM |
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- Now the price value of Bitcoin in the market is around 42k more, which I think is a good opportunity to buy Bitcoin that has a discount. This is the only logical thing to do for people who believe in Bitcoin.
Do DCA as much as we can because right now the market is calm, so while it's calm, let's also take advantage to save and buy Bitcoin or other cryptocurrencies that we think will give us profit in the future.
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Nanga Parbat
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February 04, 2024, 04:34:37 PM |
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Everyone has their own analysis. Some people study market trends and historical data to make informed decisions. It is recommended to consult local market conditions and financial experts before doing so.
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Games.Bitcoin
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February 04, 2024, 04:40:37 PM |
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For a real investor there is always a good time to invest in Bitcoin. If you use the DCA method while investing in Bitcoins , you can gradually lose your Bitcoins and reduce the market value. Moreover, Bitcoin halving will happen in April. So I think now is a good time to buy Bitcoin.
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HideYourKeys
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February 04, 2024, 06:48:50 PM |
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The best time was at the end of 2022. But as it is impossible to know, the best thing to do is to buy little by little at an average price, the famous DCA. It is impossible to know tops and bottoms, they are always probabilities.
I agree, best time was at the end of 2022. Nevertheless, sometimes it is better to make a big one-time investment, unless you make it at the cycle top, but over time that might be better than DCA
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Lantind
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February 04, 2024, 07:26:13 PM |
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- Now the price value of Bitcoin in the market is around 42k more, which I think is a good opportunity to buy Bitcoin that has a discount. This is the only logical thing to do for people who believe in Bitcoin.
Do DCA as much as we can because right now the market is calm, so while it's calm, let's also take advantage to save and buy Bitcoin or other cryptocurrencies that we think will give us profit in the future.
Looking at market conditions in recent days, it is indeed possible to collect as much as we can and for those who believe in Bitcoin, they will certainly take advantage of situations like this to be able to collect Bitcoin according to their ability so that they can enjoy profits when the price rises. Using the DCA method to collect Bitcoin is very good, we can do it every time we have income and of course we will be able to get profits in the future.
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coolcoinz
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February 04, 2024, 08:12:23 PM |
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Don't try to find the best price to buy because most of you will feel bad when it falls lower and you end up feeling like it was a mistake. Such attitude will only lead to future mistakes, second guessing your decision, selling to buy even cheaper and losing money on fees in the process... Look at the chart in a yearly time frame and decide if you want to hold your wealth in this.
IMO not owning bitcoin when you have a lot of money divided between stocks, bonds, real estate and other things is a mistake. Like some smart people said: just go off 0! Then you may buy some for trading purposes, but get some, like 1% of your wealth, turn it into bitcoin and put it aside.
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nimogsm
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February 04, 2024, 08:43:37 PM |
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The best time was at the end of 2022. But as it is impossible to know, the best thing to do is to buy little by little at an average price, the famous DCA. It is impossible to know tops and bottoms, they are always probabilities.
I agree, best time was at the end of 2022. Nevertheless, sometimes it is better to make a big one-time investment, unless you make it at the cycle top, but over time that might be better than DCA and for some there was a better time five years ago. At least before the haliving, you can buy at any price since there is no big rush and demand at the moment. It is not necessary to buy a large sum at once; many people now take a little at a time and thus save and In the future, it will be a good idea to increase balance. This is a better tactic than simply waiting for the best moment to buy.
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MarjorieZimmermanGinger
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February 05, 2024, 09:51:02 PM |
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and for some there was a better time five years ago. At least before the haliving, you can buy at any price since there is no big rush and demand at the moment. It is not necessary to buy a large sum at once; many people now take a little at a time and thus save and In the future, it will be a good idea to increase balance. This is a better tactic than simply waiting for the best moment to buy.
Everyone has a certain time frame to accumulate a large amount of bitcoins and most of these people will see much cheaper prices when looking to buy them. However, basically people can make purchases at any price as long as they hold bitcoin for the long term because it talks about a cycle that will have a big impact on the next ATH. So that the value of investments made in bitcoin will continue to increase as that period approaches. But if someone doesn't have a big budget then DCA is a good strategy because people can buy regular amounts according to their financial capabilities. Bitcoin is easy to collect and is not limited to people who have a lot of money, because the DCA pattern in is still quite suitable for anyone who doesn't have a lot of money.
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eye-con
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February 05, 2024, 10:44:57 PM |
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The best time was at the end of 2022. But as it is impossible to know, the best thing to do is to buy little by little at an average price, the famous DCA. It is impossible to know tops and bottoms, they are always probabilities.
I agree, best time was at the end of 2022. Nevertheless, sometimes it is better to make a big one-time investment, unless you make it at the cycle top, but over time that might be better than DCA and for some there was a better time five years ago. At least before the haliving, you can buy at any price since there is no big rush and demand at the moment. It is not necessary to buy a large sum at once; many people now take a little at a time and thus save and In the future, it will be a good idea to increase balance. This is a better tactic than simply waiting for the best moment to buy. That only applies to those who were unable to purchase Bitcoin at a lower value. And yes, it's best to buy at any price now. There's no need to buy in bulk, just purchase regularly until the halving event. This way, we can still make a profit in the long run.
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n0ne
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February 05, 2024, 11:59:40 PM |
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The best time was at the end of 2022. But as it is impossible to know, the best thing to do is to buy little by little at an average price, the famous DCA. It is impossible to know tops and bottoms, they are always probabilities.
I agree, best time was at the end of 2022. Nevertheless, sometimes it is better to make a big one-time investment, unless you make it at the cycle top, but over time that might be better than DCA and for some there was a better time five years ago. At least before the haliving, you can buy at any price since there is no big rush and demand at the moment. It is not necessary to buy a large sum at once; many people now take a little at a time and thus save and In the future, it will be a good idea to increase balance. This is a better tactic than simply waiting for the best moment to buy. That only applies to those who were unable to purchase Bitcoin at a lower value. And yes, it's best to buy at any price now. There's no need to buy in bulk, just purchase regularly until the halving event. This way, we can still make a profit in the long run. Keeping in mind the halving event that is scheduled to take place within few months time it is good to go with buying as much possible. As said it doesn't mean you need to buy bulk or a complete bitcoin. We need to buy what one can affordable, and the same will give us the profit. Based on the investment will be the profiting.
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Xampeuu
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February 06, 2024, 02:57:21 AM |
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The best time was at the end of 2022. But as it is impossible to know, the best thing to do is to buy little by little at an average price, the famous DCA. It is impossible to know tops and bottoms, they are always probabilities.
I agree, best time was at the end of 2022. Nevertheless, sometimes it is better to make a big one-time investment, unless you make it at the cycle top, but over time that might be better than DCA and for some there was a better time five years ago. At least before the haliving, you can buy at any price since there is no big rush and demand at the moment. It is not necessary to buy a large sum at once; many people now take a little at a time and thus save and In the future, it will be a good idea to increase balance. This is a better tactic than simply waiting for the best moment to buy. That only applies to those who were unable to purchase Bitcoin at a lower value. And yes, it's best to buy at any price now. There's no need to buy in bulk, just purchase regularly until the halving event. This way, we can still make a profit in the long run. Keeping in mind the halving event that is scheduled to take place within few months time it is good to go with buying as much possible. As said it doesn't mean you need to buy bulk or a complete bitcoin. We need to buy what one can affordable, and the same will give us the profit. Based on the investment will be the profiting. There are several advantages if we buy gradually during the bearish season, because we will get some prices that are possibly lower than if we bought with all the capital at the beginning. but from all that, I don't think there's any harm in buying bitcoin at any price, because it's just a matter of time and our psychology to be able to hold on until the bullish season comes. Many people are afraid to buy and hope that the price will go down again, but when the price goes up a little their psychology is disturbed, therefore I think buying gradually according to your ability will be better
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8rch7
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February 06, 2024, 03:10:41 AM |
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Current bitcoin price seems stable under $43k and the best time to buy or invest in bitcoin right now, had the opportunity 70 days later with halving time actually make bitcoin raise to higher price has bigger opportunity. Need to change with mindset for investing in bitcoin, don't make investment with many positive news about bitcoin but buy back as many possible when bitcoin have bad news and price of bitcoin get down. There are several advantages if we buy gradually during the bearish season, because we will get some prices that are possibly lower than if we bought with all the capital at the beginning. but from all that, I don't think there's any harm in buying bitcoin at any price, because it's just a matter of time and our psychology to be able to hold on until the bullish season comes. Many people are afraid to buy and hope that the price will go down again, but when the price goes up a little their psychology is disturbed, therefore I think buying gradually according to your ability will be better
Some people have bad ideas when investing in bitcoin during bearish season and most interested to buy bitcoin when the bullish season, investing in bitcoin goals for taking profit and invest when bitcoin on lower price is very good choose although has on bearish moment. Need to change the investor psychology when investing in bitcoin they don't afraid when bearish season and waiting few weeks later actually has moment with bullish season.
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BALIK
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February 06, 2024, 03:53:28 AM |
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Current bitcoin price seems stable under $43k and the best time to buy or invest in bitcoin right now, had the opportunity 70 days later with halving time actually make bitcoin raise to higher price has bigger opportunity. Need to change with mindset for investing in bitcoin, don't make investment with many positive news about bitcoin but buy back as many possible when bitcoin have bad news and price of bitcoin get down.
This is something many of us regularly advise each other. But honestly, how many people dare to do that? When the market has Fud, bitcoin falls, everyone believes that bitcoin will fall more, and no one dares to buy until it increases suddenly. When bitcoin increases, people think the price is too high, so they should not buy it and want to wait for the price to decrease before buying. It's a vicious cycle that many investors are stuck in and can't escape. It seems easy to say, but when we are put in that situation, how many people can do it?
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cryptoWODL
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February 06, 2024, 05:35:22 AM |
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This is something many of us regularly advise each other. But honestly, how many people dare to do that? When the market has Fud, bitcoin falls, everyone believes that bitcoin will fall more, and no one dares to buy until it increases suddenly. When bitcoin increases, people think the price is too high, so they should not buy it and want to wait for the price to decrease before buying. It's a vicious cycle that many investors are stuck in and can't escape. It seems easy to say, but when we are put in that situation, how many people can do it?
You are absolutely right when the price of a coin falls in the market but no one is willing or dare to buy that coin. However whenever the price of a coin rises in the cryptocurrency market people rush to buy those coins and then they think the price of that coin will go up a lot. And when the price of Bitcoin goes up, everyone waits to buy when the price of Bitcoin goes down. When the market stabilizes temporarily after the price of Bitcoin drops, no one dares to buy Bitcoin. Those who involve themselves in these dilemmas cannot buy or even invest in Bitcoin. However, those who have the initiative to buy Bitcoin can always invest in Bitcoin through the DCA method.
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Hallroom
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February 06, 2024, 05:38:33 AM |
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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?
Now is the best time to hold Bitcoin, as the price of Bitcoin is now completely under the control of the investor. As Bitcoin halving is in 2024, now is the perfect time to invest in Bitcoin. Bitcoin price drops before halving, the sign of this bitcoin price drop is very good as it has created opportunities for investors. So invest now and attend for future benefits and get maximum benefits.
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cozytrade
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February 06, 2024, 05:47:24 AM |
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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.
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Briankimp1
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February 06, 2024, 10:05:07 AM |
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Presently I believe the best time to buy is now, Yesterday I was eating out with some friends and an acquaintance was conversing with a friend of mine asking him when is the best time to buy Bitcoin and how much can he buy cause he has been saving towards buying for over a period of time my friend told him to speak with me privately he approached me before we left and asked of my opinion first I made it clear to him that his making a good decision choosing to invest in Bitcoin and that he doesn’t need to save to a particular amount to acquire Bitcoin, Nothing beats the present I explained a lot taught him about DCA and how to go about it made him understand this is not a get rich quick investment and that his patience will be tested. I also told him about how unpredictable the market can be and how hard it is to predict the movement advices him to simply buy, hold and always remember to monitor the market prices and keep himself updated about the prices.
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NicNacCoin
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February 06, 2024, 10:22:44 AM |
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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 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.
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MarissaLopez
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February 06, 2024, 10:23:28 AM |
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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?
Are you talking about the best time to buy BTC or you are insisting this is the right time. Please your thread is not going straight to the point. Because if it's about purchasing BTC now,do you think is success, considering the inflation and increase in dollar rate. Hope there would be no interruptions in respect to this.
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