Buy bitcoin now?

[uneng]

Do you think it is convenient to buy bitcoin now according to your predictions? Or wait for its value to drop further?

Indeed, currently many people are speculating and predicting Bitcoin, the essence of which is that Bitcoin for 2024 will not fall again, it will most likely continue to rise at the threshold of the point where a new ATH will occur when the halving occurs, that is the basic point.

Talking about price and buying, I think for now it's not the expected price, I'm personally speculating at the $80k level, whether it will be reached or not is a matter for the rear, which is basically what I hope so, We understand that Bitcoin is currently still good to consider buying, but everyone has their own views and thoughts, to price Bitcoin based on their beliefs.

A potential boost which would push Bitcoin price to 80,000$ represents a 56% increasement in price, compared to the current price range which stays around 51,000$. That is a very sweet profit to be made in a considerable short time period which must be varying up to 1 and a half from now on. That is definitely a very good investment opportunity we don't find in another niches of investments' market. I'm fully confident in BTC and its next halving in a way I'm even more optimistic than you, since I believe Bitcoin can still reach 100,000$ or very close to this mark on the next ATH.

I guess it's an unique opportunity we are going to have, which won't be disponible on future cycles of Bitcoin market anymore. Therefore, it's a wise decision to take advantage of this impacting event to boost your finances and start improving your life quality. Not that I think it's impossible for Bitcoin to deliver profitable cycles futurely, although what I think is that each new cycle, the market gets more unpredictable and profitability tends to decrease in percertage compared to previous ones.

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[doomloop]

You can accumulate few percent of your fund if scare with bitcoin has potential value or price to drop further and can spend all your investment in bitcoin with several kinds of lower price.

That's called the DCA method, and that is probably the best way for an investor to adapt and use in such market conditions, especially if they are just starting their Bitcoin investments and haven't bought any earlier. They can split their capital into different portions that they will invest after each dip or correction if they don't feel confident investing everything at once which is good thinking because the market is highly unpredictable and the prices can drop at any time.

So, if an investor is willing to buy Bitcoin right now, maybe they can start by investing 10% of their capital and then wait for some time to see if the market goes up or down from this point. If it goes down from here, they can use 10% more and buy more Bitcoin, they can keep doing that until they have about 10 to 20% left which they can keep for a better opportunity.

[TravelMug]

You can accumulate few percent of your fund if scare with bitcoin has potential value or price to drop further and can spend all your investment in bitcoin with several kinds of lower price.

That's called the DCA method, and that is probably the best way for an investor to adapt and use in such market conditions, especially if they are just starting their Bitcoin investments and haven't bought any earlier. They can split their capital into different portions that they will invest after each dip or correction if they don't feel confident investing everything at once which is good thinking because the market is highly unpredictable and the prices can drop at any time.

So, if an investor is willing to buy Bitcoin right now, maybe they can start by investing 10% of their capital and then wait for some time to see if the market goes up or down from this point. If it goes down from here, they can use 10% more and buy more Bitcoin, they can keep doing that until they have about 10 to 20% left which they can keep for a better opportunity.

Yes and even with the current surge of Bitcoin as we speak, we can still accumulate for sometime and wait for the new all time high to sell it to make a lot of profits. DCA or any method of your choosing or any amount will do. It doesn't mean that you will have to buy 1 BTC, patience is the key here. Even if it drop, you don't need to panic and sell it right away as for sure others are waiting for those sellers. In Bitcoin investing, one thing that I have learned in years is that you really need to be tough as well mentality. Strategy is already set, DCA and others. But if you can't do it weekly or monthly because most of the time you are tempted to sell because you see the profits coming, then it will be a difficult journey because you really need to look long term if you are talking about huge profits.

[BALIK]

Do you think it is convenient to buy bitcoin now according to your predictions? Or wait for its value to drop further?

i don't think it's worth delaying buying bitcoin and waiting for it to drop further, because the price of bitcoin can go up at any time, and what if i wait for it to drop but it just keeps going up? that means i will lose the opportunity to invest at a lower price.

so if now i have the opportunity to buy bitcoin, i will do it straight away, i don't want to delay, because i might lose the opportunity to be able to invest at a lower price and get maximum profits.

Hopefully the OP has bought bitcoin since he posted this article because if he hesitates and thinks the price of bitcoin is too high to buy, he will probably buy it at a higher price. If he checks the bitcoin price now, it has surpassed $56k and is much higher than when he created this thread.

Indeed, no one knows when bitcoin will rise or fall and waiting for the price to fall to buy is a bad idea. In addition, one thing we need to pay attention to is that bull season is coming closer than ever, so if you have the opportunity, buy bitcoin at any price. The more we hesitate or bargain with the market, the more expensive it will be to buy bitcoin.

[AirtelBuzz]

Do you think it is convenient to buy bitcoin now according to your predictions? Or wait for its value to drop further?

i don't think it's worth delaying buying bitcoin and waiting for it to drop further, because the price of bitcoin can go up at any time, and what if i wait for it to drop but it just keeps going up? that means i will lose the opportunity to invest at a lower price.

so if now i have the opportunity to buy bitcoin, i will do it straight away, i don't want to delay, because i might lose the opportunity to be able to invest at a lower price and get maximum profits.

I also don't think it's worth delaying to buy bitcoins because the price of bitcoins can go up at any time and it is happening constantly. See when the price of Bitcoin was below $30000 did anyone imagine that the price of Bitcoin will go close to $60000 by the month of February 2024 but it is possible. Maybe many people want to take advantage of the opportunity when the price of Bitcoin falls, but now the price of Bitcoin is increasing instead of falling, and the price of Bitcoin will increase even more in the future.

[$weetne$$]

I guess it's an unique opportunity we are going to have, which won't be disponible on future cycles of Bitcoin market anymore. Therefore, it's a wise decision to take advantage of this impacting event to boost your finances and start improving your life quality. Not that I think it's impossible for Bitcoin to deliver profitable cycles futurely, although what I think is that each new cycle, the market gets more unpredictable and profitability tends to decrease in percentage compared to previous ones.

As Bitcoin gets more popular and the price continues to increase, you reduce your chances of making big profits if you haven't invested in Bitcoin yet. You have to invest earlier when Bitcoin was less expensive because the cost of owning Bitcoin becomes expensive after every halving due to the price of Bitcoin increasing. If you had bought Bitcoin when it was trading at $20,000 you'll be making more profits than another investor that bought Bitcoin when it will be trading for $60,000. Buying Bitcoin when it hasn't start to increase in price is better than chasing bitcoin when it has pass a new ATH. Don't be among those investors that'll be procrastinating when they want to buy Bitcoin, buy them now and keep holding until it give you good profits.

[StreakW]

It is very difficult to predict the market accurately. But I see that the price of Bitcoin will not fall too deeply again, but maybe only a small correction on the way to an even higher rise. Therefore, the decision to buy now or not depends on your beliefs and decisions. If you believe this is the right time to buy then do it.

In my opinion, one thing that no one can predict will be the price of Bitcoin precisely and if we look at the current price which continues to increase then I will also be very confident that the price of Bitcoin will continue to increase in the next few months, yes we really have to have our own beliefs in the process of collecting Bitcoin because if we don't have confidence in Bitcoin it would be better not to do it so as not to have any problems and if we want the benefits of Bitcoin then we can collect the amount that we can afford and not burden ourselves in the collection process.

I agree with you that so far no one has been able to predict the price of Bitcoin accurately. However, confidence alone is not enough in investing or trading in Bitcoin to reap profits, but we must also have sufficient knowledge about the market and must also be able to analyze more deeply before making the right decision to know when to enter and exit.

[lepbagong]

I agree with you that so far no one has been able to predict the price of Bitcoin accurately. However, confidence alone is not enough in investing or trading in Bitcoin to reap profits, but we must also have sufficient knowledge about the market and must also be able to analyze more deeply before making the right decision to know when to enter and exit.

It's true that knowledge is important and don't forget to often experiment with trading with small nominal values. Then gradually we will get used to being able to know the flow of where the movement will start. Everything must be studied and analyzed properly. There is no instant way to gain that knowledge. In a situation like this where Bitcoin is increasing quite well and is stagnant, of course, there is always a gap to make short-term trades if you want to do it, because the up and down movements always occur quickly and several times before finally increasing gradually. Once again, I agree that analysis is important and execution must also be brave and there is no need to be afraid to try it.

[vokain]

yes

[aoluain]

I'm sure everyone has heard the phrase in terms of the environment...

"The best time to plant a Tree was 100 years ago, the next best time is NOW

We can apply that to Bitcoin

The best time was 2009, the next best time is NOW!

Do you think it is convenient to buy bitcoin now according to your predictions? Or wait for its value to drop further?

But what if it doesnt drop? you will be caught out so buy now

If you buy now and it does drop - buy more!

[StreakW]

I agree with you that so far no one has been able to predict the price of Bitcoin accurately. However, confidence alone is not enough in investing or trading in Bitcoin to reap profits, but we must also have sufficient knowledge about the market and must also be able to analyze more deeply before making the right decision to know when to enter and exit.

It's true that knowledge is important and don't forget to often experiment with trading with small nominal values. Then gradually we will get used to being able to know the flow of where the movement will start. Everything must be studied and analyzed properly. There is no instant way to gain that knowledge. In a situation like this where Bitcoin is increasing quite well and is stagnant, of course, there is always a gap to make short-term trades if you want to do it, because the up and down movements always occur quickly and several times before finally increasing gradually. Once again, I agree that analysis is important and execution must also be brave and there is no need to be afraid to try it.

Knowledge and experience are very important in trading, especially when the crypto market is known to be very volatile. Sometimes trading with small amounts can be a good way to learn without big risks. Therefore, with experience, you will be more accustomed to identifying market patterns and flows, which can help in making better trading decisions.

[aylabadia05]

Do you think it is convenient to buy bitcoin now according to your predictions? Or wait for its value to drop further?

If in February you started buying, then now in March, Bitcoin has passed its previous highest price because Bitcoin has now reached $71,150.
This is why it is necessary to analyze and read patterns. If after touching $71,150 the price corrects again, then this price will be the highest price of all time. But $71,150 is not a new all-time high as my prediction is that the new ATH will be at $100K.

From here I say that don't wait for a dip because the potential to hit $100K will happen. If you keep waiting for the price to drop, then you will be too late and will regret not taking the opportunity now.
Not the best advice for you. I'm just giving my view. The decision is yours.

[fuguebtc]

Do you think it is convenient to buy bitcoin now according to your predictions? Or wait for its value to drop further?

But what if it doesnt drop? you will be caught out so buy now

If you buy now and it does drop - buy more!

I don't see the OP coming back to update us on the situation. But if he decides not to buy at the time of this question and waits for bitcoin to fall , he will definitely regret it because Bitcoin is currently trading above 71k$ . I hope OP doesn't make this mistake because I know many people are waiting for bitcoin to decrease further to buy , and they are very regretful and regretful when they are too greedy and always want to buy at the lowest price .

Bitcoin is unpredictable, no one believes that bitcoin can make an ATH before the halving but if we check the chart right now, we see bitcoin is trading above $71k. So buy bitcoin every time you have money and buy more when it drops, don't wait for it to drop to buy.

[Zanab247]

If I buy BTC now, it will not allow me to hodl it to my satisfaction, I will wait for the bull season to over from the market before I will buy to be sure that I will going to achieve a good profits that will change my story for other hodlers to begin to follow my strategy I use to make profits from the market.

I will advise you to wait for the price of BTC to drop down before you can rush to the market to buy and hodl, but if you are convenient with the high price in the market to buy BTC, it will take you a long years before you can make a little profits from your hodling.

[bestcoins1]

Knowledge and experience are very important in trading, especially when the crypto market is known to be very volatile. Sometimes trading with small amounts can be a good way to learn without big risks. Therefore, with experience, you will be more accustomed to identifying market patterns and flows, which can help in making better trading decisions.

Options like the ones you say seem to be very suitable to be implemented by many people who want to learn about trading even though they still have no experience in trading. Because this experience will usually form over time when everyone wants to try it with a small amount of capital for that matter, although knowledge for trading must also continue to be sought in order to be able to explore more things before trying with larger capital in the future. Because when the knowledge and experience already exist, I think it will be easier for everyone to do this the right way.

[skarais]

If I buy BTC now, it will not allow me to hodl it to my satisfaction, I will wait for the bull season to over from the market before I will buy to be sure that I will going to achieve a good profits that will change my story for other hodlers to begin to follow my strategy I use to make profits from the market.

I will advise you to wait for the price of BTC to drop down before you can rush to the market to buy and hodl, but if you are convenient with the high price in the market to buy BTC, it will take you a long years before you can make a little profits from your hodling.

You are not completely wrong, but it is always possible to take advantage of price volatility if you want to make a profit. You have to be able to analyze price movements enough if you want to trade, it has to be done on a shorter time frame no matter what percentage of profit you will get. The lower the profit percentage you expect, the more likely you are to make a profit, it's just that some traders get greedy and miss out on profit opportunities, making them wait longer.

As a result, traders are people who may always have difficulty determining when to buy and when to sell. Investors tend to have an easier time and are more likely to buy and accumulate at any price because their expected profit target is in the long term rather than in the short term like traders.

[batang_bitcoin]

We will see more of these threads soon after Bitcoin reaches another ATH. And the opinion of many will be divided because they'd tell that it's too late and Bitcoin is expensive by that time. But those who have the idea of what they're trying to do will just say that they should buy before it's too late because it's still early and there's likely no ending for this market. As you understand all of these stuff, people will always ask for it even if you've told them to do it several times before.

[kawetsriyanto]

If I buy BTC now, it will not allow me to hodl it to my satisfaction, I will wait for the bull season to over from the market before I will buy to be sure that I will going to achieve a good profits that will change my story for other hodlers to begin to follow my strategy I use to make profits from the market.

What's a problem if you buy now? I think you still can earn satisfactory profits. Although Bitcoin already hits the new ATH, it seems not the highest price for this bullrun season. We still have halving in the next month and the price of Bitcoin usually hits the highest ATH few months after the halving. People assume Bitcoin may cross $100k. If you buy now, you still can earn a lot of profits.

I will advise you to wait for the price of BTC to drop down before you can rush to the market to buy and hodl, but if you are convenient with the high price in the market to buy BTC, it will take you a long years before you can make a little profits from your hodling.

What you are waiting for? Don't you see a big drop today?
According to CMC, Bitcoin dropped from $72k to $65k today. If you bought Bitcoin when it is around $65k - $66k, you may get good profits when it returns to $74k or raise more. It is predicted to be around $80k in the halving month. So, it is still quite promising to buy now. Why you must wait for the next bearish and hold for many years? You can get faster profits now if you want.

DWYOR

[STT]

You can buy into a dip like this one but truly I think the skill is knowing when times are more uncertain for BTC then others.  We cant know for sure but some ability to decipher when a pullback has finished or is still developing is useful in getting a good average entry for example.

So my measure right now is we are under a weekly average and also 68k.   The 68k being the old ATH is more psychological but we would like to regain momentum upwards to be fully confident of being part of a gain process to BTC rather then buying into a downturn and requiring more patience.    Patience is somewhat key to finding the best place to buy in; today is Friday and I would wait to this next week beginning at least to begin to level off and develop this price action for best observation ie. let the dust settle some.

[justdimin]

If I buy BTC now, it will not allow me to hodl it to my satisfaction, I will wait for the bull season to over from the market before I will buy to be sure that I will going to achieve a good profits that will change my story for other hodlers to begin to follow my strategy I use to make profits from the market.

I will advise you to wait for the price of BTC to drop down before you can rush to the market to buy and hodl, but if you are convenient with the high price in the market to buy BTC, it will take you a long years before you can make a little profits from your hodling.

Not entirely sure if that would be a good idea. What if they wait for the price to drop and it doesn't? Then it may not be all that great and we could end up with a lot of trouble, we should be considering the situation to be a little bit different. I get that it is going to be cool for many people, but at the same time it looks like we are going to end up with a much larger problem if we do not buy now.

I think it is clear that we are going to face some trouble eventually, and for that reason I believe that we should be careful about it. I am not saying go rush to buy right now, all I am saying is that it would be a risk that you are taking if you wait, because it may go up before it goes down and you may lose your chance.