Buy bitcoin now?

[xiamin]

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

Yes ... It's time to buy Bitcoin because price ATH already broken and now pumping up and down. Maybe price going into the correction. Once again bull run ready.

[Ayers]

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.

When bitcoin dropped to $15k, many people waited for the lower price to buy, but they were eventually forced to buy at a higher price when bitcoin above $20k. Similarly, when bitcoin is priced at $30k, $40k, $50k... many people also wait for the dump price to buy bitcoin at a cheap price. But I'm pretty sure they will have to buy it for more than 60k$, so if people who still don't have bitcoin and keep waiting will definitely buy bitcoin for 80k$.

Bitcoin is unpredictable and why don't we use a DCA strategy?

[bots1]

In my opinion, now is not a good time to buy Bitcoin because the market is very Bullish. It's better to wait for a correction first to buy Bitcoin. If you buy bitcoin when the price is at its peak, it could result in a deep correction. It is safer to buy bitcoin when the market is sideways. However, if you want to make a long-term investment and don't care about rising or falling prices and hope that in 5 years your assets will double, that's fine. Therefore, whether the decision to invest in Bitcoin is wise or not really depends on the timing and individual investment strategy.

[2Pizza410000BTC]

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

Right now Bitcoin is in a lot of pumping but for those who are investing in DCA method investment is always right time. I am investing using DCA method to invest I am not looking at the market what is happening or not happening in the market. But I aim to keep it for the next few years. I would just increase my bitcoin investment right now even if the market goes down I won't look at it. But many may be waiting to invest I would say you can buy now as our upcoming bull market is just around the corner. Since the bull market is just around the corner, you can build yourself into the investment because the market will go up a lot during the bull season and it could be past human imagination and be the greatest market ever. I have invested and continue to invest and you can invest and continue to do so by following my methods.

[AirtelBuzz]

In my opinion, now is not a good time to buy Bitcoin because the market is very Bullish. It's better to wait for a correction first to buy Bitcoin. If you buy bitcoin when the price is at its peak, it could result in a deep correction. It is safer to buy bitcoin when the market is sideways. However, if you want to make a long-term investment and don't care about rising or falling prices and hope that in 5 years your assets will double, that's fine.

Maybe that opportunity has come to us now because now the price of Bitcoin has corrected.For those of us who didn't buy Bitcoin after the Bitcoin price peaked, now is the best time to buy Bitcoin.After the Bitcoin price reached its highs, the market has been dumping since then, resulting in many people buying Bitcoins to invest in them.

Therefore, whether the decision to invest in Bitcoin is wise or not really depends on the timing and individual investment strategy.

Regardless of your investment strategy I think investing in Bitcoin is the best decision for any investor. If an investor invests in Bitcoin without following his proper investment strategy, he will lose much less if he invests in Bitcoin than if he invests in other coins. Investing in Bitcoin must be done for the long term.

[Bd officer]

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

OP, in my opinion you should continue buying bitcoins from now on. If you wait for the price to drop, you may regret it. For example, if you buy $66k of bitcoins you may regret it if the market goes down to $60k. If you wait for the price to drop again, you may regret it if the price goes up. However, now the price of Bitcoin has dumped a lot, Bitcoin is now around $66k. So your best is to continue investing in DCA methods. If you can continue investing with DCA method from now then you can expect to reap huge profits in the coming bull season.

[bitterguy28]

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

Yes ... It's time to buy Bitcoin because price ATH already broken and now pumping up and down. Maybe price going into the correction. Once again bull run ready.

how sure are you that after correction bull will come again ? because i believe that we have multiple ATH this month so how much are we able to listen to this idea that bull will once gain coming?
but now since there is a dumping that would be hard to decide which and why we need to buy mo

[GeorgeJohn]

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

Yes ... It's time to buy Bitcoin because price ATH already broken and now pumping up and down. Maybe price going into the correction. Once again bull run ready.

there is no time to purchase a Bitcoin that is abnormal but only thing is that as a new investor you have to understand the rules and the regulation of cryptocurrency especially bitcoin before invest especially now that the price is reducing in the market it is when you have to pay a big concentration towards the market if probably when you invest the price will continue to fall or when you invest the price will rise within the month so that is only way I can assure you and say new investor or a novice in bitcoin investment.

[STT]

Good close to the week, above 12hr average above 2 day but just not qualifying just yet as positive above weekly.  Its good as it could be without a proper full regain of what was lost previously, back to near neutral but with cautionary that we may find 68k as the near term top.   I dont find 68k to be an actual hard line which we would struggle to cost so when I say near term I mean of less influence and importance.

Even though 68k dates back a few years in its top and is the mountain summit its the journey upwards we've had prior that counts far more then this idea of the highest number is most important.  Its the structure of the build and quality of the volume accumulated to reach this far that matters more then just a plain number.    That concept of quality may have to be proven with metal tested in strength;  a pullback helps to lose weak hands, sellers can leave in peace and the price is more settled and sturdy going forwards so even a lower price can be a positive and thats as ironic as it gets

[EarnOnVictor]

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

Yes ... It's time to buy Bitcoin because price ATH already broken and now pumping up and down. Maybe price going into the correction. Once again bull run ready.

Lol, I would like you to follow the cautious advice of @Balto77, the advice is not hurting but a means to be careful about the next line of action about Bitcoin. Sincerely, I am not a fan of buying Bitcoin at the current level, and "to whom much is given, much could be demanded" as well, we have to be smart at these current levels. For the buying for investment purposes of HODLing, heck no, I can't buy Bitcoin anymore until after the next bearish season. The size is too big, so one can make a huge mistake buying it at current levels. However, if it is for futures trading, you can do whatever your trading chart tells you, it's business galore in that sense.

Besides, breaking the ATH doesn't exonerate Bitcoin from risks of corrections or reversal at a large scale, and you can see what it has done lately. It is even below the former ATH now and has formed a bearish price action on the daily chart. This can only mean a bearish threat unless otherwise stated. So, much care is needed at this point.

[Miles2006]

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

The answer depends on the op and if I should answer now buy bitcoin now for another bull market if you can be able to wait that long. I can't tell what will be the price of bitcoin in the next 5 years time but with the knowledge I have acquired so far I still buy now using the dca strategy so you also should learn about bitcoin, how bitcoin works in terms of the market value etc before you start investing so you can be sure of what you're doing. The value of bitcoin keeps increasing so we can't tell what will happen in the next 10 years time so buy now or else it's likely you might still ask same question.

[NewRanger]

Of course, the price BTC will continue to rally, but it is also possible that BTC's global fundamentals will also be tested, which will more or less influence the price of Bitcoin in the future. I mean we must not also forget the other side where the central bank will not allow the price of bitcoin to get too high which will have a negative impact on them. A more rational price target might be 100K first and will continue to rise to the highest range of $250k and that is what is seen and predicted by many experts who are paying attention to the development of the digital currency world.

[Volimack]

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

Yes ... It's time to buy Bitcoin because price ATH already broken and now pumping up and down. Maybe price going into the correction. Once again bull run ready.

The ATH break caused the price of bitcoin to rise so much that nothing will have a negative impact on bitcoin and all investors are very optimistic that bitcoin will reach its highest level in the future. Next to any crisis lies opportunity. Bitcoin is in the most attractive state for investment as the fundamentals have reached such a state that investing in it will bring good returns.

[MFahad]

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

The answer depends on the op and if I should answer now buy bitcoin now for another bull market if you can be able to wait that long. I can't tell what will be the price of bitcoin in the next 5 years time but with the knowledge I have acquired so far I still buy now using the dca strategy so you also should learn about bitcoin, how bitcoin works in terms of the market value etc before you start investing so you can be sure of what you're doing. The value of bitcoin keeps increasing so we can't tell what will happen in the next 10 years time so buy now or else it's likely you might still ask same question.

There is no way for anyone to perfectly time the market, so it is better that when a person enters the market, they start buying immediately with a portion of their capital using the DCA method as you mentioned, because you never know what the price might be the next day, it might go down and provide a better opportunity for buyers, but it can also go up and leave those who didn't buy earlier hanging.

The cryptocurrency market is all about quick thinking and quick decision making skills, if you can make the right decisions at the right time, you will be on the brighter side for sure, but if you do the opposite, you will have a hard time in this market.

[AirtelBuzz]

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

Yes ... It's time to buy Bitcoin because price ATH already broken and now pumping up and down. Maybe price going into the correction. Once again bull run ready.

The ATH break caused the price of bitcoin to rise so much that nothing will have a negative impact on bitcoin and . Next to any crisis lies opportunity. Bitcoin is in the most attractive state for investment as the fundamentals have reached such a state that investing in it will bring good returns.

Bitcoin price had already touched the new ATH and from there again the recent market dumping.Maybe we've seen the beginning of bullrun season in the market before the Bitcoin halving. As the price of Bitcoin has dropped, we may have an opportunity to buy Bitcoin and hold it for the long term.Also, many people think that the best time to invest in Bitcoin is when the price of Bitcoin is low, maybe now is the best time. Today we saw a huge dumping in the market, the price of Bitcoin has dropped to 64 thousand dollars today.

all investors are very optimistic that bitcoin will reach its highest level in the future

I think not only investors who haven't invested in Bitcoin may have the assumption that the price of Bitcoin is going to go much higher and maybe that will happen.

[barisbilgili]

Of course, the price BTC will continue to rally, but it is also possible that BTC's global fundamentals will also be tested, which will more or less influence the price of Bitcoin in the future. I mean we must not also forget the other side where the central bank will not allow the price of bitcoin to get too high which will have a negative impact on them. A more rational price target might be 100K first and will continue to rise to the highest range of $250k and that is what is seen and predicted by many experts who are paying attention to the development of the digital currency world.

Price corrections that occur are normal, but what has happened in the past and even in the last few months has made many people increasingly believe that the same thing will continue to happen in the future.
There is nothing wrong with predictions by experts, but we all have our own points of view and beliefs.
Whatever will happen in the future cannot be predicted with certainty, what is clear is that currently Bitcoin is worth buying and saving for the future, the possibility of profit is very large.

[Jating]

There's already blood in the streets right now, wasn't able to check the price, but when I did see it today, it goes down hard to $62k. And so this is what those who predicted that there will be a huge and downward spiral? around 30%-40% before the halving? In any case though, as I have said, those saying could be very well true in the market right now. It's bleeding and so this is another great change for those who haven't invested or waiting for the price to go down before they invest.

Might not be good to wait for the price to even go further, as long as you have the capital, $62k is already a good catch in my opinion. And this kind of opportunities might not come along, market is very unpredictable, maybe in the next 24-48 hours, prices will go back to $70k'ish. So still up to you to make the decision right now.

[Essential10]

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

Yes ... It's time to buy Bitcoin because price ATH already broken and now pumping up and down. Maybe price going into the correction. Once again bull run ready.

This month alone we saw the price of Bitcoin go above $73k, which was the highest price range for Bitcoin. Bitcoin hasn't halved yet We saw Bitcoin halving in the next month before it went to a high. Even after the highs, many have made a fresh entry into Bitcoin, as $100k can be expected in the next bull run. Today I see Bitcoin price between $63k-$64k. Many may expect more corrections, but personally I think the current market is a good time to invest in Bitcoin. I'm optimistic that we'll see a big bull run at the end of the year, so don't miss the opportunity to hold onto Bitcoin by investing now.

[EarnOnVictor]

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

Yes ... It's time to buy Bitcoin because price ATH already broken and now pumping up and down. Maybe price going into the correction. Once again bull run ready.

Lol, I would like you to follow the cautious advice of @Balto77, the advice is not hurting but a means to be careful about the next line of action about Bitcoin. Sincerely, I am not a fan of buying Bitcoin at the current level, and "to whom much is given, much could be demanded" as well, we have to be smart at these current levels. For the buying for investment purposes of HODLing, heck no, I can't buy Bitcoin anymore until after the next bearish season. The size is too big, so one can make a huge mistake buying it at current levels. However, if it is for futures trading, you can do whatever your trading chart tells you, it's business galore in that sense.

Besides, breaking the ATH doesn't exonerate Bitcoin from risks of corrections or reversal at a large scale, and you can see what it has done lately. It is even below the former ATH now and has formed a bearish price action on the daily chart. This can only mean a bearish threat unless otherwise stated. So, much care is needed at this point.

Hello @xiamin, this just caught my attention now and I hope you followed my advice. With what is happening in the bitcoin market, you can see that what you replied to was wrong which was why I supported the OP of what you replied to. Dealing with the market around its top or bottom must be extra careful about. It did not just start today, it has been for so long, investment must be engaged with care and not with anxiety, FOMO, people's opinions and all kinds of emotional factors that push someone to do it wrongly. But must be pursued with patience and the right expertise. What I follow best in my trading decision is chart analysis. I use that to know the right speculation and I do not joke with my price action which leads the detection signal of what the market would do. They've always guided me right. And no matter what I planned to do with a certain trend, when it is exhausted, I become more cautious, which was what conceived the advice I gave to you in my last reply.

Bitcoin was bought in weeks without much correction, that's not the way the right principle of the market movements should be followed. Though it might tarry, but when it starts selling to observe the correction, it could be so massive just like what it has started preparing now. In less than 1 week, it has moved $10,000 downwards for correction sakes, that's massive. I expect more selling over time, which was what the OP cautioned about at that time. It is always better to wait for the correction before buying again.

As it is now, it has breached an important level of $67,629 of my trend margin indicator on the 1D chart, it should continue to move lower until further notice. Bitcoin has not breached the indicator on the daily chart since the 26th of January, so breaching it now is symbolic and will be detrimental to the coin in my opinion.

[bots1]

Therefore, whether the decision to invest in Bitcoin is wise or not really depends on the timing and individual investment strategy.

Regardless of your investment strategy I think investing in Bitcoin is the best decision for any investor. If an investor invests in Bitcoin without following his proper investment strategy, he will lose much less if he invests in Bitcoin than if he invests in other coins. Investing in Bitcoin must be done for the long term.

One important thing that is needed in investing in Bitcoin is careful planning so that we don't make the wrong decision. You can't just use a simple plan or strategy and not pay attention to the long term. If you want to be successful in investing in Bitcoin, you have to pay close attention to your plan, no matter how small, so that it can be used as a lesson or goal. Apart from that, you also have to put aside unfavorable factors such as emotions and others because this can have a quite big impact on investment.