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Author Topic: Buy bitcoin now?  (Read 1505 times)
AnonBitCoiner
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May 31, 2024, 04:48:48 AM
 #181

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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May 31, 2024, 01:40:33 PM
 #182

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.
That's right, in the process of collecting Bitcoin of course this really depends on our ability to collect these assets and before deciding to collect of course we must first have a plan and target that we want to achieve after that we can buy it, choosing to survive in the long term. short, of course this will be very tiring for us in monitoring market conditions and I think choosing to survive in the long term will certainly be better and also we use the method you mentioned in the process of collecting and I am very confident that we will be able to make a profit if we can survive in the long term.

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May 31, 2024, 01:41:43 PM
 #183

The lower price we can buy bitcoin and the higher price we can sell it, the more profit we will have, but always the price of bitcoin does not go down or the price of bitcoin does not go up as we expected. Now the current state of Bitcoin price we can consider this state as almost the maximum value of Bitcoin. Now investing in Bitcoin is certainly challenging for any investor but if that investor can take the risk and if he has enough confidence in the investment then he can invest at this time if he wants. It is not uncommon for investors especially those who invest in the DCA investment method to invest now because their investment method is to invest a certain amount of money at the end of a certain period of time. I am also investing in this method and till now I have maintained the consistency of my investments.

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May 31, 2024, 03:59:53 PM
 #184

We should not procrastinate and keep waiting for that perfect time to buy and invest in bitcoin, opportunities sometimes are not predictable, if we can know the way of taking advantage on making investment, we then have to begin from somewhere with the use of bitcoin buy investing gradually or try to adopt the pattern of accumulating by DCA, all these will help towards achieving making an investment as according to how we can afford to.

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May 31, 2024, 11:39:29 PM
 #185

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.

To be honest, Bitcoin can be bought in its current state, and focus more on saving it in the long term, now Bitcoin is fluctuating very well, some investors may be inclined to keep buying and holding on for the next few years, and we think they are using the DCA method to increase their Bitcoin assets. , and this is a good method we think.

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June 01, 2024, 08:40:27 AM
 #186

Currently many people are expecting the Bitcoin price to drop to buy Bitcoin. Everyone wants to buy low to sell high, it's true that we can't predict in advance how much the price of Bitcoin will go up or down. Today I saw the price of Bitcoin at 67 thousand dollars, in the current market many people feel risky to invest in Bitcoin. But I think the trend Bitcoin has shown this year is that anyone can invest now. Judging by the Bitcoin market over the past few months, I feel that Bitcoin will rise further. Those who can afford to invest at once can also do it and those who cannot afford to do it at once can also adopt DCA method. Just invest and hold expect a good profit during bull season.

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June 01, 2024, 12:04:53 PM
 #187

Currently many people are expecting the Bitcoin price to drop to buy Bitcoin. Everyone wants to buy low to sell high, it's true that we can't predict in advance how much the price of Bitcoin will go up or down. Today I saw the price of Bitcoin at 67 thousand dollars, in the current market many people feel risky to invest in Bitcoin. But I think the trend Bitcoin has shown this year is that anyone can invest now. Judging by the Bitcoin market over the past few months, I feel that Bitcoin will rise further. Those who can afford to invest at once can also do it and those who cannot afford to do it at once can also adopt DCA method. Just invest and hold expect a good profit during bull season.
If you just wait it will be very difficult in my opinion, which will make us lag behind if bitcoin does not even match expectations, previously bitcoin was also expected to fall to the $52k level but what is the evidence, bitcoin stopped at the $58k price level and went back up to the top to the $70k level again, and maybe today it is at the $67k price level, market mechanisms to create support and resistance so that the bitcoin market runs healthily, seeing further that the bitcoin opportunity for $100k is much greater in the current price position.

The right decision in a confusing market situation and we are very difficult to judge where we should enter because if we wait down, the market is afraid to reverse, and vice versa, then the smart move is to do DCA, this strategy will make you feel much better and calmer when looking at the price of bitcoin, even when the price falls you can still buy and accumulate as many bitcoins as you can buy, then if the market reverses you can also be calm because you have bought bitcoin at the previous price.

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June 01, 2024, 11:46:42 PM
 #188

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.

To be honest, Bitcoin can be bought in its current state, and focus more on saving it in the long term, now Bitcoin is fluctuating very well, some investors may be inclined to keep buying and holding on for the next few years, and we think they are using the DCA method to increase their Bitcoin assets. , and this is a good method we think.

Yes of course the same coin coin is suitable for long term holding. But you can heat it for a long time using the DCA method. So the more you hot the more money you will own, it's just a simple matter because if you can hold you will get profit and if you don't hold you will have zero profit.  Investments should be made at one's own risk if one wants to reap the benefits.

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June 02, 2024, 05:28:57 PM
 #189

Currently many people are expecting the Bitcoin price to drop to buy Bitcoin. Everyone wants to buy low to sell high, it's true that we can't predict in advance how much the price of Bitcoin will go up or down. Today I saw the price of Bitcoin at 67 thousand dollars, in the current market many people feel risky to invest in Bitcoin. But I think the trend Bitcoin has shown this year is that anyone can invest now. Judging by the Bitcoin market over the past few months, I feel that Bitcoin will rise further. Those who can afford to invest at once can also do it and those who cannot afford to do it at once can also adopt DCA method. Just invest and hold expect a good profit during bull season.
If you just wait it will be very difficult in my opinion, which will make us lag behind if bitcoin does not even match expectations, previously bitcoin was also expected to fall to the $52k level but what is the evidence, bitcoin stopped at the $58k price level and went back up to the top to the $70k level again, and maybe today it is at the $67k price level, market mechanisms to create support and resistance so that the bitcoin market runs healthily, seeing further that the bitcoin opportunity for $100k is much greater in the current price position.

The right decision in a confusing market situation and we are very difficult to judge where we should enter because if we wait down, the market is afraid to reverse, and vice versa, then the smart move is to do DCA, this strategy will make you feel much better and calmer when looking at the price of bitcoin, even when the price falls you can still buy and accumulate as many bitcoins as you can buy, then if the market reverses you can also be calm because you have bought bitcoin at the previous price.

To be fair, no trader or holder can guarantee that bitcoin will never drop to $52k again, and no one can guarantee that bitcoin will drop even more in the days to come. Bitcoin is unpredictable.

But you are right, the smart move is for us to use the DCA strategy when investing in bitcoin. But if someone does not have much money to apply the DCA strategy then there is nothing to worry, they can buy bitcoin at any time as long as they are ready. Even if the price suddenly drops more after they buy, it's only a temporary loss, and as long as they don't sell their bitcoins, they haven't lost money.
Let's focus on the amount of BTC we own instead of just looking at the USD value because bitcoin is very volatile in the short term but it will always increase in the long term.

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June 02, 2024, 08:57:44 PM
 #190

Currently many people are expecting the Bitcoin price to drop to buy Bitcoin. Everyone wants to buy low to sell high, it's true that we can't predict in advance how much the price of Bitcoin will go up or down. Today I saw the price of Bitcoin at 67 thousand dollars, in the current market many people feel risky to invest in Bitcoin. But I think the trend Bitcoin has shown this year is that anyone can invest now. Judging by the Bitcoin market over the past few months, I feel that Bitcoin will rise further. Those who can afford to invest at once can also do it and those who cannot afford to do it at once can also adopt DCA method. Just invest and hold expect a good profit during bull season.
If you just wait it will be very difficult in my opinion, which will make us lag behind if bitcoin does not even match expectations, previously bitcoin was also expected to fall to the $52k level but what is the evidence, bitcoin stopped at the $58k price level and went back up to the top to the $70k level again, and maybe today it is at the $67k price level, market mechanisms to create support and resistance so that the bitcoin market runs healthily, seeing further that the bitcoin opportunity for $100k is much greater in the current price position.

The right decision in a confusing market situation and we are very difficult to judge where we should enter because if we wait down, the market is afraid to reverse, and vice versa, then the smart move is to do DCA, this strategy will make you feel much better and calmer when looking at the price of bitcoin, even when the price falls you can still buy and accumulate as many bitcoins as you can buy, then if the market reverses you can also be calm because you have bought bitcoin at the previous price.

To be fair, no trader or holder can guarantee that bitcoin will never drop to $52k again, and no one can guarantee that bitcoin will drop even more in the days to come. Bitcoin is unpredictable.

But you are right, the smart move is for us to use the DCA strategy when investing in bitcoin. But if someone does not have much money to apply the DCA strategy then there is nothing to worry, they can buy bitcoin at any time as long as they are ready. Even if the price suddenly drops more after they buy, it's only a temporary loss, and as long as they don't sell their bitcoins, they haven't lost money.
Let's focus on the amount of BTC we own instead of just looking at the USD value because bitcoin is very volatile in the short term but it will always increase in the long term.
Basically, no one guarantees that bitcoin will experience a decline at a certain point and or rise to a certain price level, even if there is it is purely a speculation from calculations made from analytical conclusions, no one can predict the market correctly.

Alternatively, when you do not have funds for DCA in large amounts, you need to look at your income first per month and store it in bitcoin with a safe percentage without having to budget as much as the DCA strategy is used, the point is that the principle in investing is not to force what we cannot do especially in the amount of money used, buying when we have money to invest is a ledge that can be accounted for and attempted, the most important thing is that we need to hold bitcoin in the long term, because that's how we will get a decent payment, and need additional advice never look at the portfolio every day it will make us panic when bitcoin corrects and we have a history of buying at higher prices, unless we are going to buy back, we must ensure market conditions first.

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June 03, 2024, 04:22:24 PM
 #191

We can buy from bitcoin anytime, but if we buy bitcoin at low price then you will get more profit from here. So we should always buy when the price of Bitcoin is low, then later when the price of Bitcoin will increase, we will be able to profit from it. Moreover, there is no fixed time limit to invest in Bitcoin, we can invest in Bitcoin at any time.

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June 05, 2024, 12:49:56 PM
 #192

We can buy from bitcoin anytime, but if we buy bitcoin at low price then you will get more profit from here. So we should always buy when the price of Bitcoin is low, then later when the price of Bitcoin will increase, we will be able to profit from it. Moreover, there is no fixed time limit to invest in Bitcoin, we can invest in Bitcoin at any time.
Of course, basically it's like that, buying at low prices and selling when prices are high. What people have difficulty doing is looking at the momentum of when Bitcoin prices fall and rise. However, if you invest in the long term, at least following the Halving cycle, then you can buy Bitcoin at any time without having to think about when the price goes down and up because the target is long term.

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June 12, 2024, 09:51:11 AM
 #193

Yes as long as the money to accumulate Bitcoin is readily available.
Anytime is a right time to accumulate Bitcoin, but I think the best time to buy is when the price is dip and hodl for a longer period of time. And there is not time waiting for the value to drop further before accumulating Bitcoin because no body can predict the Bitcoin market price because it nature is volatile for you might be waiting for the price to dip further while it keeps on increasing in price.
You can accumulate Bitcoin when the money is readily available also with the amount you can afford to loss and for you to have more profit in your Bitcoin investment it depends on the quantity of Bitcoin you were able to accumulate and hodl for long by setting aside your discretionary income which will enable your hodl your Bitcoin for long time.

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June 12, 2024, 01:06:37 PM
 #194

We can buy from bitcoin anytime, but if we buy bitcoin at low price then you will get more profit from here. So we should always buy when the price of Bitcoin is low, then later when the price of Bitcoin will increase, we will be able to profit from it. Moreover, there is no fixed time limit to invest in Bitcoin, we can invest in Bitcoin at any time.
And if you are sure of what you say, of course you are someone who is very happy to take advantage of price correction conditions like those that have occurred in the past two days. Because now is a situation where everyone will continue to add money to buy more Bitcoin before the price goes back above $70K. And it could even be more than that because a slight decline like now could definitely still be an impetus for Bitcoin to return to a much more expensive price range.

Of course, basically it's like that, buying at low prices and selling when prices are high. What people have difficulty doing is looking at the momentum of when Bitcoin prices fall and rise. However, if you invest in the long term, at least following the Halving cycle, then you can buy Bitcoin at any time without having to think about when the price goes down and up because the target is long term.
Those with long-term targets will certainly have more freedom in making investment decisions because an investor only needs to provide money and buy Bitcoin at the price seen in the market. Meanwhile, non-investors will definitely wait for lower prices to buy Bitcoin, although some investors also often do things like that, but most of these things are done by traders who are looking for profits in the short or medium term. However, it is also quite a good thing as long as it can be done more regularly.

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June 12, 2024, 11:37:22 PM
 #195

Someone correct me here but we're seeing an elevated amount of volatility I think.   70k flushed down to 66k then we recovered all that loss to test just the same prices which we have now declined from a bit.

   The day is positive but this is volatile BTC price action I believe.  I do think we need to attain 69k and move with that level as support to no longer fear a negative BTC progression.

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June 12, 2024, 11:49:57 PM
 #196

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.

To be honest, Bitcoin can be bought in its current state, and focus more on saving it in the long term, now Bitcoin is fluctuating very well, some investors may be inclined to keep buying and holding on for the next few years, and we think they are using the DCA method to increase their Bitcoin assets. , and this is a good method we think.

If one buys bitcoins with cash, yesterday was also the biggest opportunity to buy the dip. You'll notice that Bitcoin went from $71,000 to $66,000 all the way down, then slowly passed through $70,000 again. So in the mean time these dips were in the list of Bitcoin purchases most likely to be realized and successful. But those who want to invest in Bitcoin by following DCA method regularly will definitely get success and there is no fixed time for them.

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June 13, 2024, 12:55:23 PM
 #197

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.

To be honest, Bitcoin can be bought in its current state, and focus more on saving it in the long term, now Bitcoin is fluctuating very well, some investors may be inclined to keep buying and holding on for the next few years, and we think they are using the DCA method to increase their Bitcoin assets. , and this is a good method we think.

If one buys bitcoins with cash, yesterday was also the biggest opportunity to buy the dip. You'll notice that Bitcoin went from $71,000 to $66,000 all the way down, then slowly passed through $70,000 again. So in the mean time these dips were in the list of Bitcoin purchases most likely to be realized and successful. But those who want to invest in Bitcoin by following DCA method regularly will definitely get success and there is no fixed time for them.

I think the opportunity is not lost yet depends on you whether you buy or not. The price of Bitcoin is staying between $60k-$70k for most of the time, the price is going up by four to five thousand dollars and then it is taking correction by that amount. As long as the price trend continues, if the price trend continues like this then I think no one will lose by buying Bitcoin at the current price. I think starting DCA with good amount of time now is a good decision because I don't know if the price level will reach $100k by the end of the year or early next year but hopefully stay close to it.

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June 13, 2024, 01:15:45 PM
 #198

I think the opportunity is not lost yet depends on you whether you buy or not. The price of Bitcoin is staying between $60k-$70k for most of the time, the price is going up by four to five thousand dollars and then it is taking correction by that amount. As long as the price trend continues, if the price trend continues like this then I think no one will lose by buying Bitcoin at the current price. I think starting DCA with good amount of time now is a good decision because I don't know if the price level will reach $100k by the end of the year or early next year but hopefully stay close to it.
If you are already aware of this, of course you have to be able to take advantage of this moment to be able to invest in Bitcoin and of course this will enable us to get profits like what you have said, which is likely to happen at the end of the year or the beginning of the year and we can start from now on we can accumulate Bitcoin according to our ability and can hold it until it reaches a price that is profitable for us.

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June 14, 2024, 10:33:09 AM
 #199

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 with you that never trust anyone in investing in crypto because there is no accurate prediction of prices in crypto currency. It is very important that before deciding to invest, we have sufficient knowledge and carry out in-depth research in order to minimize the potential for large losses. It is important to remember that cryptocurrency price movements are fast.

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June 14, 2024, 12:09:33 PM
 #200

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 with you that never trust anyone in investing in crypto because there is no accurate prediction of prices in crypto currency. It is very important that before deciding to invest, we have sufficient knowledge and carry out in-depth research in order to minimize the potential for large losses. It is important to remember that cryptocurrency price movements are fast.
The question in OP is not anything related to trust, but more likely gathering an idea or looking for a convincing answer to whether it is convenient to buy Bitcoin at the current situation of the market or it is better to set aside the idea of investing for possible crash that might happen in the market. It is indeed true that no one can accurately predict the market, but hearing ideas from other people is not that bad because it can be one way to have a strong foundation to his plan of investing whether he will initiate it immediately or not, and I'm sure OP knows to himself that at the end of the discussion, the final decision will still be made by him.



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Rainbot
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