Is It Time to Buy More BTC?

[Nrcewker]

The next target for the halving is to complete the Bitcoin market, now only waiting for the Bitcoin market to pump. So currently the price of Bitcoin has touched 64k dollars, and now is the best time to buy Bitcoin in the market. At the moment the market is on the verge of dumping so it is better to buy Bitcoin now in anticipation of the next bull market.

Don’t go so much technical my friend. Just go with the basics. We know that Bitcoins are limited in numbers, we also know that day by day the popularity of Bitcoins are increasing, and people are trying hard to accumulate the coins. We know that when an asset is fixed in numbers, and more demand to buy it, then the price of the asset increases in order to meet the demand. Similar things happens with the Bitcoins also. Hence there is no perfect time to buy the coins. If you have money to buy, then just buy it without thinking twice.

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[Razmirraz]

The answer is how confident you are in yourself. If you think now is the right time to buy more Bitcoin, then make a purchase immediately. Bitcoin is one of the most important investments that crypto investors must have, you can buy it at any time as long as your mind says it is the right time. I cannot give a certainty when is the right time to buy more Bitcoin because each individual has a different time in determining the right time depending on investment goals, risk tolerance, and short-term or long-term strategy.

The long-term outlook needs to be considered when you want to buy Bitcoin because the price can experience significant fluctuations in the short term. Long-term planning can help you maintain investment plans and goals to avoid making sudden decisions due to panic caused by price changes, which is why many Bitcoin investors are very interested in its long-term growth potential.

[Republikcoin.com]

The answer is how confident you are in yourself. If you think now is the right time to buy more Bitcoin, then make a purchase immediately. Bitcoin is one of the most important investments that crypto investors must have, you can buy it at any time as long as your mind says it is the right time. I cannot give a certainty when is the right time to buy more Bitcoin because each individual has a different time in determining the right time depending on investment goals, risk tolerance, and short-term or long-term strategy.

In fact, if the main goal is to buy Bitcoin, without having to tell many people, we can immediately buy it if we ourselves already understand the investment objectives, risk tolerance, and the strategy we have determined for what term. Because believe it or not, there are many people out there who have bought Bitcoin without asking or without telling many people when they want to buy it, although before buying Bitcoin they definitely do their own research using various things to increase their own knowledge of Bitcoin.

The long-term outlook needs to be considered when you want to buy Bitcoin because the price can experience significant fluctuations in the short term. Long-term planning can help you maintain investment plans and goals to avoid making sudden decisions due to panic caused by price changes, which is why many Bitcoin investors are very interested in its long-term growth potential.

If possible, invest in Bitcoin, plan it more in the long term because it is more suitable that way than just for the short term. So if someone is planning a long-term Bitcoin investment, of course there is no need to panic about short-term price corrections on the market, especially if someone has bought a certain amount of Bitcoin at a low price.

[Frankolala]

The next target for the halving is to complete the Bitcoin market, now only waiting for the Bitcoin market to pump. So currently the price of Bitcoin has touched 64k dollars, and now is the best time to buy Bitcoin in the market. At the moment the market is on the verge of dumping so it is better to buy Bitcoin now in anticipation of the next bull market.

Don’t go so much technical my friend. Just go with the basics. We know that Bitcoins are limited in numbers, we also know that day by day the popularity of Bitcoins are increasing, and people are trying hard to accumulate the coins. We know that when an asset is fixed in numbers, and more demand to buy it, then the price of the asset increases in order to meet the demand. Similar things happens with the Bitcoins also. Hence there is no perfect time to buy the coins. If you have money to buy, then just buy it without thinking twice.

Waiting is not be best thing to do, but taking advantage of the market immediately you ha e the money is the best time to buy whether during the dip or not because time waits for no one, and the earlier the better for you to start buying.

Since we are on a long term journey, stashi g up your bitcoin regularly is the best irrespective of bitcoin price, and this is why we must tbi k of using the DCA strategy to keep on accumulating bitcoin for the future. I am still on my regular DCA buying, and I don't bother to allow the market distract me.

[Cryptoprincess101]

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.

Dip doesn't give any advantage of going for DCA because you can make your first entry at a dip price and before the next DCA the price skyrocket, dip is just and opportunity to purchase more Bitcoins even if you are still DCAING. Some investors prefers going an all on a dip and just leave the Bitcoin in their portfolio why watching the market prices.
However, dip or no dip bitcoin investment is always more profitable in the long interval of time.

[Uhwuchukwu53]

I've seen this question or been asked about it so many times since Bitcoin drops down after hitting it's ATH.
Is the dip or price drop our last chance to buy it at a low price?
For me there would always be a price correction whenever the price jumps high, most of us are expecting it to go back up again and climb higher, but we don't know when would that start.

This has been a normal thing in the issue of BTC only new investor can panic about this but old investors don't shake in situation like this but always know that at any corrections there must be a rise at the end, all they need is to buckle their shoe either buy buying and holding more till the actual date of ATH depending on the investor interest towards the market.

[armanda90]

The answer is how confident you are in yourself. If you think now is the right time to buy more Bitcoin, then make a purchase immediately. Bitcoin is one of the most important investments that crypto investors must have, you can buy it at any time as long as your mind says it is the right time. I cannot give a certainty when is the right time to buy more Bitcoin because each individual has a different time in determining the right time depending on investment goals, risk tolerance, and short-term or long-term strategy.

The long-term outlook needs to be considered when you want to buy Bitcoin because the price can experience significant fluctuations in the short term. Long-term planning can help you maintain investment plans and goals to avoid making sudden decisions due to panic caused by price changes, which is why many Bitcoin investors are very interested in its long-term growth potential.

Bitcoin price currently on correction moment but right time or not depend on how confidence and braveness to buy back bitcoin during after halving always have correction moment. In my opinion, bitcoin have decreasing around 20% of the last all time high price and right now is very good moment to purchase without waiting with correction moment possibility. But spending few percent of your capital to buy back bitcoin few weeks after halving time because to prepare if get another correction moment.

For investor with long term target actually have buy back bitcoin since dropping under $60k and keep hold it until bitcoin make another all time high with potential few months later after halving time. To avoid more correction better buy back bitcoin around few percent of your capital, left few percent to prepare if bitcoin get more correction in the next time.

[Bravut]

Yes. There is no clear time to buy if you are looking in a long run of which you should, the right moment won't present itself in such a volatile market like Bitcoin. So you keep buying, accumulating more to build your portfolio. Unless you're in for short-term or a Trader I suggest you act based on your plann and confluence, same timebe careful.

Bitcoin is best approachable when you view in a long-run.

[teamsherry]

It's your choice, I font know how long you have been in bitcoin and how much Bitcoin you have already accumulated, but surely if you ard still early or still accumulating then you shoudl be more bothered about buying bitcoin, so yes it's a good time to buy bitcoin.

I can also understand that you might feel that buying now and if this is the highest point then you woudl have to suffer a loss on your portfolio, but that shouldn't matter if you are still early cause the dip is actually an opportunity for you to buy more Bitcoin for yourself.

[philipma1957]

I stack more than 1000 usd in btc every month.

If you don't you are making a mistake.

[EarnOnVictor]

The next target for the halving is to complete the Bitcoin market, now only waiting for the Bitcoin market to pump. So currently the price of Bitcoin has touched 64k dollars, and now is the best time to buy Bitcoin in the market. At the moment the market is on the verge of dumping so it is better to buy Bitcoin now in anticipation of the next bull market.

Don’t go so much technical my friend. Just go with the basics. We know that Bitcoins are limited in numbers, we also know that day by day the popularity of Bitcoins are increasing, and people are trying hard to accumulate the coins. We know that when an asset is fixed in numbers, and more demand to buy it, then the price of the asset increases in order to meet the demand. Similar things happens with the Bitcoins also. Hence there is no perfect time to buy the coins. If you have money to buy, then just buy it without thinking twice.

You are quite right about the limited supply of Bitcoin planned from the onset, but do you think this economics is helping Bitcoin yet? I doubt that. If at all it would help, now is not the time and a good factor to consider is the numerous alternatives to Bitcoin that people might turn to in place of it even at the time it would try to help. The money in the cryptocurrency space is more, but Bitcoin can only take a sectional portion of it and not all, which is a good consideration here if you can think about it insightfully. Furthermore, if you agree with me, Bitcoin has been rising in the past, not because it is scarce, but because people see investment opportunities in it. This is the way I still like you to view it so that you will not make the mistake of the demand.

For a system that will create scarcity to have been put in place when there is still no scarcity of it yet can never help it grow due to it, at least, not for now, so we should wait for that time, and that is if it comes at all. Lastly, the best place to turn to for market guidance is the technical chart, but I wonder why you advise a fellow not to do that. Anything you may view of Bitcoin could be misleading since most are only assumptions, a belief that we hope for. But for the right and immediate guidance, I see no reason why the technical chart should not be turned to.