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Author Topic: Buy bitcoin now?  (Read 1595 times)
StreakW
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May 15, 2024, 12:31:26 PM
 #161

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.
Indeed, when someone has sufficient knowledge and experience, they will be better prepared mentally and technically to trade better. Consistency in learning and honing trading skills is needed to help someone make more informed decisions and manage risk better in the future.

FortuneFollower
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May 15, 2024, 02:52:24 PM
 #162

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.
Indeed, when someone has sufficient knowledge and experience, they will be better prepared mentally and technically to trade better. Consistency in learning and honing trading skills is needed to help someone make more informed decisions and manage risk better in the future.

If we check the last message here, seems like someone have bought BTC on local high, I hope they know what they are doing

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May 16, 2024, 07:45:18 PM
 #163

Do you think it is convenient to buy bitcoin now according to your predictions? Or wait for its value to drop further?
Buying is all depends on you, it is you're money so you need to decide by you're own on because at the end of the day you will be the one to lose if you lose, you only need to do research and be sure that you already know what is crypto and how risky is investing into it. No one can predict the price so everything you will here from another investors is also a prediction so don't put your trust to anyone for good.

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May 17, 2024, 01:25:51 AM
 #164

Do you think it is convenient to buy bitcoin now according to your predictions? Or wait for its value to drop further?
Buying is all depends on you, it is you're money so you need to decide by you're own on because at the end of the day you will be the one to lose if you lose, you only need to do research and be sure that you already know what is crypto and how risky is investing into it. No one can predict the price so everything you will here from another investors is also a prediction so don't put your trust to anyone for good.
In purchasing Bitcoin, it will really depend on ourselves and don't let other people influence us and buy it without knowing well about Bitcoin. Of course we have to do our own research on the right time to buy it and it would be better for us to have a good plan before buying it and can survive for a long period of time, you are right that no one can correctly predict the price of Bitcoin and it would be better for us to really understand it ourselves when buying it and not have to be influenced by other people.

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May 17, 2024, 09:23:44 AM
 #165

Do you think it is convenient to buy bitcoin now according to your predictions? Or wait for its value to drop further?
Buying is all depends on you, it is you're money so you need to decide by you're own on because at the end of the day you will be the one to lose if you lose, you only need to do research and be sure that you already know what is crypto and how risky is investing into it. No one can predict the price so everything you will here from another investors is also a prediction so don't put your trust to anyone for good.
I agree. When investing, don't put your trust in anyone because the most important thing in investing is having self-confidence apart from having to do independent research. Because if we trust other people, we don't know when is the right time to buy and sell, so when a downturn occurs we panic first. So invest, believe in your own abilities so that you invest with principles when making decisions.

Moreover, investing in bitcoin has a bright future, buying bitcoin now is also better because the bull run hasn't happened yet. Also, don't wait for the right time to buy bitcoin. If you have extra money, buy bitcoin using the dca method because investing in bitcoin won't make you lose as long as you don't sell it. The rise and fall of Bitcoin prices is normal, you just need to wait until your desired goal is achieved, the key is patience.

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May 17, 2024, 10:28:01 AM
 #166

Do you think it is convenient to buy bitcoin now according to your predictions? Or wait for its value to drop further?
Buying is all depends on you, it is you're money so you need to decide by you're own on because at the end of the day you will be the one to lose if you lose, you only need to do research and be sure that you already know what is crypto and how risky is investing into it. No one can predict the price so everything you will here from another investors is also a prediction so don't put your trust to anyone for good.
I agree. When investing, don't put your trust in anyone because the most important thing in investing is having self-confidence apart from having to do independent research. Because if we trust other people, we don't know when is the right time to buy and sell, so when a downturn occurs we panic first. So invest, believe in your own abilities so that you invest with principles when making decisions.



We should not place trust or invest by relying on the advice of others but should research and make our own decisions. But sometimes asking for advice and asking other people's opinions is not bad because each person will have a different perspective on the market. Listening to advice will sometimes give us a better perspective on the market to make accurate decisions. I think the fact that we consult others and the fact that we depend are completely different.


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May 17, 2024, 10:52:31 AM
 #167

In purchasing Bitcoin, it will really depend on ourselves and don't let other people influence us and buy it without knowing well about Bitcoin. Of course we have to do our own research on the right time to buy it and it would be better for us to have a good plan before buying it and can survive for a long period of time, you are right that no one can correctly predict the price of Bitcoin and it would be better for us to really understand it ourselves when buying it and not have to be influenced by other people.

We have to make a decision with the help of our own knowledge because we cannot follow the suggestion of others as we don't know what is going on in their mind. People always ask about their investment plans from others but I think if you are using your own money so use your own mind to overcome the risk.

If we get enough knowledge about Bitcoin and the crypto market then we will be able to make predictions as others can because no one has confirmed information but everyone is reading the market chart and learning about the past so they assume about the price in future.



 

 

 

 

 

 


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May 17, 2024, 03:05:29 PM
 #168

In purchasing Bitcoin, it will really depend on ourselves and don't let other people influence us and buy it without knowing well about Bitcoin. Of course we have to do our own research on the right time to buy it and it would be better for us to have a good plan before buying it and can survive for a long period of time, you are right that no one can correctly predict the price of Bitcoin and it would be better for us to really understand it ourselves when buying it and not have to be influenced by other people.

We have to make a decision with the help of our own knowledge because we cannot follow the suggestion of others as we don't know what is going on in their mind. People always ask about their investment plans from others but I think if you are using your own money so use your own mind to overcome the risk.

If we get enough knowledge about Bitcoin and the crypto market then we will be able to make predictions as others can because no one has confirmed information but everyone is reading the market chart and learning about the past so they assume about the price in future.
Investment decisions must be made based on your own available knowledge of the BTC market as there are many investors close to you who may not give you positive advice most of the time. I am a victim of this myself and I myself take very careful investment decisions.
Instead of relying on past price charts, you can research daily price charts and buy and sell statistics to make some predictions about the market.

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May 17, 2024, 06:08:04 PM
 #169

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

When is the right time to buy Bitcoin?  Because buying Bitcoin will depend only on you which will be the real place if you hold it for a long time. If you are holding bitcoins for a short period of time then you need to buy bitcoins according to the market conditions. So buying and selling bitcoins will totally depend on your holding of bitcoins, holding until 2025 should definitely buy bitcoins at present according to the situation.
Are you sure about this asset? Have you investigated it in depth? It's not easy to predict a price in the market. If you are sure about this asset, you should make your choice now and don't delay buying it. It is true that the current price is too high for certain groups, for me it doesn't matter at the current price, I will continue to buy it gradually, this will allow you to get the average price for your assets. It's best to keep your assets for a long period of time, to get optimal results.

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May 18, 2024, 10:45:39 PM
 #170

For me buying bitcoin is currently very risky because the current price of bitcoin is relatively high. So far the halving has not had a major impact on the increase in the price of bitcoin, and the momentum of this halving could end at any time and cause a drastic decline in the price of bitcoin. It's best to wait a few months and buy when market conditions are bearish.

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May 18, 2024, 10:52:46 PM
 #171

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

use the DCA concept if you want to make a profit on bitcoin, if you wait for the price of bitcoin to fall further then I can say it is almost impossible, no one knows what the price of bitcoin will be tomorrow or now so don't guess the price of bitcoin, just buy it stably and use it DCA method within your target time range and see that you will definitely make a profit in the long term.

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sotelorene
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May 28, 2024, 02:07:33 PM
 #172

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


Sometimes it is very good to take decision yourself and do not wait for someone's or people's opinions or suggestion, when you posted this thread Bitcoin was within the range of $39k - $43k however I may not know if you invested in Bitcoin then but if you didn't I believe you will be regretting by now and this will be a big lesson for you so that next time you won't wait for Bitcoin to drop before investing unless you want to trade but if you invested after this your thread congrats for your profit.
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May 29, 2024, 09:52:51 PM
 #173

For me buying bitcoin is currently very risky because the current price of bitcoin is relatively high. So far the halving has not had a major impact on the increase in the price of bitcoin, and the momentum of this halving could end at any time and cause a drastic decline in the price of bitcoin. It's best to wait a few months and buy when market conditions are bearish.
If you already have enough Bitcoin in your wallets, you can stop buying if you think it is too risky. Just keep holding your Bitcoin and see how the price movement! I think there are also some people who only want to buy Bitcoin in the bearish season, they will stop buying when it is in bullish season. It is a fine way, people can have their own strategy in investment.  Wink

Dude, the impact of halving may take time to be visible. If you check the previous bullrun seasons, the peak of Bitcoin price was achieved after some months. It even happened in the next year after the halving. So, it is non sense if you expect the ATH now. Sure, just wait and see for the next several months!!

The momentum of halving is over. It is time to forget the halving, dude.  Wink


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May 29, 2024, 10:25:57 PM
 #174

Buy Bitcoin this whole year I reckon, I dont think its a worrisome decision to buy at this point.  Of course that all depends on your personal circumstances, keep it at the approiate scale of course but in terms do or do not its fair to buy generally imo.



I'm just looking at the movements recently for clues we have some strength in the price.   I want it to hold this lower line here and put in a series of higher lows.   Across months, we are top of the range of movement for BTC, so in that respect short term it could fall off its perch I guess but Im not too negative from that threat personally.

 If it cant be proved to retain some positive accumulation then what happens is the buyers match the sellers and the price isnt especially moving, its just waving back and forth in a range.  I dont find that as a reason not to buy but if you unwritten text is do I buy now so I can sell in two weeks then you have a hard question to answer.   Thats a different game, hard to answer for just about any price or asset really but year to year I find the idea of buying now is nothing to fear.

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May 30, 2024, 12:59:53 AM
 #175

Do you think it is convenient to buy bitcoin now according to your predictions? Or wait for its value to drop further?
If you buy it during the time you posted this you are now earning a profit,buying bitcoins is depending in our limitation and the current price,if you are rich you can buy Bitcoin anytime but you need to hold ot for a long time because bitcoin takes time to bounce back after the dip,if you are a simple investors or if you are no big capital then you need to wait for the dip to buy BTC on cheap price,it really depends on our limitations and we need to use money that we can afford to lose.

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May 30, 2024, 06:14:21 AM
 #176

If you buy it during the time you posted this you are now earning a profit,buying bitcoins is depending in our limitation and the current price,if you are rich you can buy Bitcoin anytime but you need to hold ot for a long time because bitcoin takes time to bounce back after the dip,if you are a simple investors or if you are no big capital then you need to wait for the dip to buy BTC on cheap price,it really depends on our limitations and we need to use money that we can afford to lose.
If someone wants to invest in bitcoins or altcoins, then he has to go about the investment and then invest. About the investment so that investing is very risky, we always have to invest carefully otherwise we have to lose the invested money.  We always have to look when the price of the coins is low and invest in those times. When the price increases then we have to sell and wait for the price to drop again.

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May 30, 2024, 03:30:30 PM
 #177

Buy bitcoin now?

If you still have a lot of time and are able to be patient and continue to monitor the market with its graphs constantly going up and down, that's not a problem and it is highly recommended to get cheap prices.

Personally, this could be the last decline ahead of June which will come in a few days, even though we know what will happen to BTC in June.

Personally, if I had the funds, I would continue to go all in on BTC.

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May 30, 2024, 11:42:53 PM
 #178

Buy bitcoin now?

If you still have a lot of time and are able to be patient and continue to monitor the market with its graphs constantly going up and down, that's not a problem and it is highly recommended to get cheap prices.

Personally, this could be the last decline ahead of June which will come in a few days, even though we know what will happen to BTC in June.

Personally, if I had the funds, I would continue to go all in on BTC.

When we want to buy Bitcoin, we can enter at whatever price we want, but we also have to be smart in managing the capital we use, when the price of Bitcoin is still very high like this, it's best not to buy Bitcoin using all the capital we have. When the price of Bitcoin collapses, you will still have capital that can be used to buy more Bitcoin.
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May 30, 2024, 11:52:23 PM
 #179

Buy bitcoin now?

If you still have a lot of time and are able to be patient and continue to monitor the market with its graphs constantly going up and down, that's not a problem and it is highly recommended to get cheap prices.

Personally, this could be the last decline ahead of June which will come in a few days, even though we know what will happen to BTC in June.

Personally, if I had the funds, I would continue to go all in on BTC.

When we want to buy Bitcoin, we can enter at whatever price we want, but we also have to be smart in managing the capital we use, when the price of Bitcoin is still very high like this, it's best not to buy Bitcoin using all the capital we have. When the price of Bitcoin collapses, you will still have capital that can be used to buy more Bitcoin.

But anytime you can buy bitcoins, it will largely depend on your holdings. Because if you hold long then you buy at current price will definitely profit because future bull market is waiting. And if you hold bitcoin for short days then of course you buy the dip and wait for it to dip. And when you get a small profit, you sell. But for me the best method is to hold bitcoin for long time you can choose DCA method and you can be successful.
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May 31, 2024, 04:48:48 AM
 #180

Investment decisions must be made based on your own available knowledge of the BTC market as there are many investors close to you who may not give you positive advice most of the time. I am a victim of this myself and I myself take very careful investment decisions.
Instead of relying on past price charts, you can research daily price charts and buy and sell statistics to make some predictions about the market.

That's why it is necessary to search by yourself because if you trust another person then there is no surety that his provided information will be accurate or false. Most of the time individuals choose that investment field from which their friends and relatives have made profit but it is not necessary that your friend will give you the same useful information which is used by him.

In the current age trust is a big issue and you cannot trust others easily so if someone tells you good about something then do some investigations and then describe whether to trust him or not. Once you get knowledge then nothing is impossible for you so you will go ahead with your own information and active mind.



 

 

 

 

 

 


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