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Author Topic: Is It Time to Buy More BTC?  (Read 1192 times)
peter0425
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March 22, 2024, 11:19:04 AM
 #101



So, even if it dips further short-term, history tells us Bitcoin tends to go up in the long run.
if we will not take this advantage then we will never earn something that others cannot because this the chance to rebuy after the bull market , we should not take everything in holding we must continues adding if we have time and chances.
i did not let my opportunity passed these days to take advantage of the pump and dump market.









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March 22, 2024, 12:26:08 PM
 #102

Investing in Bitcoin is not a wrong decision whatever the condition is. We just think and in fact, we have observed that the Bitcoin price is continuously growing which only means one thing, it will pump more in the coming years.
No one can guarantee that the price of Bitcoin will continue to increase in the future. Along the way, many factors can influence the price of Bitcoin in the future. Before investing in Bitcoin, we must do our own research, consider the investment risks, and analyze the market as best as possible in order to make a wise decision.

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March 22, 2024, 01:10:48 PM
 #103

Investing in Bitcoin is not a wrong decision whatever the condition is. We just think and in fact, we have observed that the Bitcoin price is continuously growing which only means one thing, it will pump more in the coming years.
No one can guarantee that the price of Bitcoin will continue to increase in the future. Along the way, many factors can influence the price of Bitcoin in the future. Before investing in Bitcoin, we must do our own research, consider the investment risks, and analyze the market as best as possible in order to make a wise decision.
Indeed, we don't but just take a look 10 years ago when people had the same appreciation about Bitcoin, most of them are in regret and now blaming themselves for why they didn't invest while it was $1, $100, and $1,000.

We don't need to do further research, we already see it based on its market history, and that even tells us something. Bitcoin is a growing investment, nothing else. There is no assurance but should we consider this as a factor for not investing? Investing in Bitcoin is an opportunity and we take this while still there. We don't need to wait for another decade and start thinking about it but rather do it now.

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mamesso
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March 22, 2024, 01:43:55 PM
 #104

I've been watching with interest as Bitcoin has pulled back over the past week after hitting new highs. Part of me wants to accumulate more while the price is down, but I also wonder if we may see it drop further in the short term.
Even though the market is currently experiencing a correction, you must be optimistic with the goal of accumulating more Bitcoin when the price is falling. The correction occurred due to Bitcoin price being under significant selling pressure after successfully reaching ATH, the situation occurring in the market indicates that Bitcoin may be preparing for the next movement to welcome the arrival of the Halving.
Even though the Bitcoin market currently tends to be bearish, the accumulation of Bitcoin by investors shows that there is still a bullish trend. Even though the market is currently facing unfavorable sentiment, Bitcoin still has the potential to reach the next bullish phase.

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March 22, 2024, 01:50:10 PM
 #105

Investing in Bitcoin is not a wrong decision whatever the condition is. We just think and in fact, we have observed that the Bitcoin price is continuously growing which only means one thing, it will pump more in the coming years.
No one can guarantee that the price of Bitcoin will continue to increase in the future. Along the way, many factors can influence the price of Bitcoin in the future. Before investing in Bitcoin, we must do our own research, consider the investment risks, and analyze the market as best as possible in order to make a wise decision.
Indeed, we don't but just take a look 10 years ago when people had the same appreciation about Bitcoin, most of them are in regret and now blaming themselves for why they didn't invest while it was $1, $100, and $1,000.
i am not in that 10 years range but I can feel this about appreciation of bitcoin and
regretting why we are not buying on those time and not there are chance to buy again
and indeed I am taking this advantage.


Quote
We don't need to do further research, we already see it based on its market history, and that even tells us something. Bitcoin is a growing investment, nothing else. There is no assurance but should we consider this as a factor for not investing? Investing in Bitcoin is an opportunity and we take this while still there. We don't need to wait for another decade and start thinking about it but rather do it now.
if about bitcoin there is no need for research instead we
only need to trust bitcoin and we hav seen that many times before.

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March 22, 2024, 02:05:49 PM
 #106

~
So, even if it dips further short-term, history tells us Bitcoin tends to go up in the long run.

I agree with you, @R1dwanRz. History of BTC indeed telling us that the previous ATH always surpassed in the future, and it's not like this time when it was surpassed only a little bit recently, but big time, like 2 times at least. So, I expect at least $130k for 1 BTC, but no one can tell you when exactly it will happen.

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March 22, 2024, 03:34:03 PM
 #107

...
So, even if it dips further short-term, history tells us Bitcoin tends to go up in the long run.
That is what we believe and we kept that.

Perhaps, it was proven already and the chart itself tells us that the price of Bitcoin is moving high rather than seeing it going down. Maybe buying now at this bullish season is not good timing but if we believe that a few years from now the price of Bitcoin will reach another ATH that seems not to waste the time. As long as we are certain about our investment plan, we can't decline the opportunity. If we see the price of Bitcoin is already hitting $70k, we can also think that it will be more than that price in the future. But if we are not risk-takers, I would say to just hold and wait for the new ATH.

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March 22, 2024, 06:56:48 PM
 #108

No one knows for sure whether it is the right time to buy or not because the crypto market moves so fast. Recently Bitcoin experienced a decline after reaching a new ATH level, but it seems that this decline is only temporary as the Halving is getting closer. But if you believe that Bitcoin will experience a long-term increase during the halving, maybe this is the right time to buy and hold it until the halving occurs. All decisions are in our hands, therefore, never make decisions rashly, always monitor market conditions so that you can make the right decision.

In my opinion, I don't have a specific time of buying bitcoin, because if you are waiting for bitcoin to drop down before you buy, I don't think you are ready for making money on bitcoin. I mean, don't wait for anyone to tell you when to buy bitcoin, because no one can predict it, and it can increase and decrease, so the best thing to do is to just buy when you have money don't wait for the price to come down before you buy, Because when you are waiting for the coin to drop you are losing time because he cannot only drop once as a specific time.

So it is up to you to stick to your plan. Anytime you invest in bitcoin and the price drops, it is up to you to top up your investment so that when the price rises, you will undoubtedly make a large profit, and don't invest what you can't afford to lose because some people are making a lot of money, and you too, will decide to get like him and go spend money you can't afford. There are no obstacles to producing a profit, regardless of the amount you have you can invest and be profitable.

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March 22, 2024, 08:47:41 PM
 #109

We have been having a correction in Bitcoin's price value in the market for a few days, and until now, as far as I can see, there are still good chances to buy or save.
We still remain within the range of market movements.

The most support has not yet been broken and the resistance is still there, so you should have bought or started before the correction started or when it was
just starting this past week, in my opinion.



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March 22, 2024, 09:17:44 PM
 #110

So, even if it dips further short-term, history tells us Bitcoin tends to go up in the long run.

From what I know so far, long term is a very good option to choose. Short term can bring profits, but only for a moment and requires a lot of planning that must be prepared during the process.

There are several readings that we can find about short-term and long-term advantages, I think it would be useful to use your free time to study them as material for studying which is more suitable to do.
If doing it in the short term is more suitable, in short I would say go for it. If not because it is too complicated, then long term it is safer.

Learning from history, I think it's time not to debate about the short term or long term, but rather about how ready we are to invest in Bitcoin because I think that's what's more important.
From the highest price in 2021, Bitcoin has now reached a new highest price, although in my opinion it is not permanent because $73K will again be passed as the highest price because it will reach an even higher highest price.

Therefore, yes, now is the time to start and stop when the price breaks $100K, why? because this situation is being prepared to be even better.

R


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March 22, 2024, 09:25:59 PM
 #111

Investing in Bitcoin is not a wrong decision whatever the condition is. We just think and in fact, we have observed that the Bitcoin price is continuously growing which only means one thing, it will pump more in the coming years.
No one can guarantee that the price of Bitcoin will continue to increase in the future. Along the way, many factors can influence the price of Bitcoin in the future. Before investing in Bitcoin, we must do our own research, consider the investment risks, and analyze the market as best as possible in order to make a wise decision.

Even though you can't be that guaranteed, we all know that bitcoin has certain characteristics that will make many believe in and have more hope in it than other alt coins. Everyone knows that having research is one of the main components of crypto currency because, without it, you will end up having more losses. This can make you think crypto as a whole is a scam, but you will fall victim or a losers due to laziness, because, not doing proper research on crypto just signifies that you are lazy, and with time you will see the result. One thing I like more about crypto is that it explains life for the wise because it will show you how to get rich in a second and, at the same time, how to get poor in a few seconds, which is just a simple lesson to the wise because if you are not wise you will find it hard to understand and be expecting someone else to teach you.

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March 22, 2024, 10:35:53 PM
 #112

We have been having a correction in Bitcoin's price value in the market for a few days, and until now, as far as I can see, there are still good chances to buy or save.
We still remain within the range of market movements.

The most support has not yet been broken and the resistance is still there, so you should have bought or started before the correction started or when it was
just starting this past week, in my opinion.

I'm betting it'll get to 53k region though if all goes well, then we'll see that momentum to the upside. Could this be termed as pre halving reset?? Since OP mentioned zero fees trading. I've set three buy orders for BTC..

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March 22, 2024, 11:02:58 PM
 #113

I also think this price drop may present a good buying opportunity for someone looking to DCAing and I'm also looking to buy more BTC especially since BTC's price is low and there's zero fees on Bitget. Of course, as with any investment, only put in what you can afford to lose. 

So, even if it dips further short-term, history tells us Bitcoin tends to go up in the long run.
It seems to me that such topics for discussion appear every time there is a noticeable rise in price and then a fall. It is enough to open the Bitcoin price chart and understand that buying in the long term will give its benefit sooner or later, only the most patient will earn money. Fast money is now in meme tokens. Bitcoin is an instrument that does not like haste and a lot of unnecessary movements.Before the halving, any price will be good, no one knows what will happen after it Smiley

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March 22, 2024, 11:39:21 PM
 #114

In short - yes, this is a great time to buy a lot. You never know whether prices will fall again or rise even higher in the near future - but if you are in doubt, then leave some of your budget for DCA. You are not obliged to buy a lump sum amidst market uncertainty - it means you must have the right strategy to get more bitcoin.

Price volatility allows everyone to buy at a lower price than before at some point - so don't forget to set aside some budget for your second plan. But if you want to buy for the long term - you are free to spend everything on a lump sum, but do it on dip.
Regardless of the price, everyday is a good opportunity to buy bitcoin. Not only because you have high faith that it’s going to be massive in the future, but because you are here for long term investment and bitcoin would perfectly fit for it. But I would also suggest, if you want to make a maximum purchase, then do it when bitcoin is in a bearish price. For now, just follow DCA and just invest on the amount you can afford to lose. We don’t hold the future price of bitcoin so it’s better to play safe and invest at our own risk.

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March 22, 2024, 11:46:19 PM
 #115

~
So, even if it dips further short-term, history tells us Bitcoin tends to go up in the long run.

I agree with you, @R1dwanRz. History of BTC indeed telling us that the previous ATH always surpassed in the future, and it's not like this time when it was surpassed only a little bit recently, but big time, like 2 times at least. So, I expect at least $130k for 1 BTC, but no one can tell you when exactly it will happen.
We've got more time—at least a month left for halving. As said, the price used to reach new levels with every halving. This time, according to the previous estimate, we can expect more growth to happen in the coming days. At the same time, what has been said is that none have the ability to predict the exact timeline for the market to reach the new age. Considering the long term, one can prefer investing or buying at the moment, but it is a kind of risky investment to invest at the top and once again wait for the profit rather than buy at the bottom and look for the profit.

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March 22, 2024, 11:56:56 PM
 #116

So, even if it dips further short-term, history tells us Bitcoin tends to go up in the long run.

But I keep wondering how people wait till there’s obviously a pump before they want to invest into Bitcoin. Don’t let FOMO get the best of you because if you rush in, you’ll likely rush out of the investment. If you must invest now, do it calmly, and knowingly that you MAY not really make anything out of it this year. Bitcoin isn’t a get rich quick scheme, you’ll have to give it time.



 

 

 

 

 

 


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March 23, 2024, 01:56:06 AM
 #117

So, even if it dips further short-term, history tells us Bitcoin tends to go up in the long run.

But I keep wondering how people wait till there’s obviously a pump before they want to invest into Bitcoin. Don’t let FOMO get the best of you because if you rush in, you’ll likely rush out of the investment. If you must invest now, do it calmly, and knowingly that you MAY not really make anything out of it this year. Bitcoin isn’t a get rich quick scheme, you’ll have to give it time.

I have a lot of faith in bitcoin, for me it is the best investment that can be made , many wait for the best moment to buy, but when is the best time? That's it, for this they have to do it at once, but the majority of people buy bitcoin when they see that it has a good rebound, goes up, and probably reaches a new ATH. That's where they get ready to buy , so that doesn't make sense to me, but most people do, that's something I don't understand, that's why we have to act when we have to.

What we can think most is that every time we go in and buy, check if it is lower or buy, if it goes up, stay still, but making staggered purchases is the best, it is as they say, buying at the dip, because I don't think bitcoin is going to go down that much, the opportunity is Now.

R


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March 23, 2024, 03:16:39 AM
 #118

We have been having a correction in Bitcoin's price value in the market for a few days, and until now, as far as I can see, there are still good chances to buy or save.
We still remain within the range of market movements.

The most support has not yet been broken and the resistance is still there, so you should have bought or started before the correction started or when it was
just starting this past week, in my opinion.
After Bitcoin experienced a high increase, of course it experienced a correction and this is a positive thing for the market, this correction will take us to even higher levels as happened in the previous halving period and now it will be the same.

The current correction is still healthy and this is also a good opportunity for us because we can buy bitcoin at a cheap price before bitcoin experiences an increase after the halving period. I always want to say keep doing DCA on bitcoin because bitcoin will make our financial freedom in the future and I don't want to repeat the same regrets as happened a few years ago.

R


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March 23, 2024, 04:24:12 AM
 #119

Bitcoin will be increasingly known to many people, when the price rises, many will make a profit.  As time goes by, when many people talk about Bitcoin and how profitable it can be, it is likely that more and more newcomers will emerge, this will of course have an impact on the price of Bitcoin in the future.  Therefore, there is nothing wrong if from now on we can buy Bitcoin consistently, even if not in large amounts.  If used as a long-term investment, of course the benefits will be felt in the future.
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March 23, 2024, 05:46:29 AM
 #120

now the price of bitcoin is rising, there are those who hold bitcoin and are now selling bitcoin because they have made a profit because they have been waiting for the price of bitcoin to rise for a long time, and there are also those who hold bitcoin when the price rises to use it as an investment for the future, there are even those who buy bitcoin to make an inheritance for their family.

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