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Author Topic: Is It Time to Buy More BTC?  (Read 1566 times)
wahyuagung26
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August 08, 2024, 06:33:29 PM
 #241

I agree with what you say, waiting for a decline before making a purchase will of course miss the opportunity to collect Bitcoin, because we cannot know for sure whether the Bitcoin price will decline and using the DCA strategy as you mentioned will of course allow us to get big profits if we collect it regularly.

 Bitcoin can be purchased anytime and anywhere, choosing to buy Bitcoin when it drops we think this is an effective choice when you are going to buy Bitcoin with the DCA technique that all Investors have done when buying it, Bitcoin is a long-term asset and the decline that occurs in the market can be utilized by every Investor large or small for them to make Bitcoin purchases.

Buy and Hold Bitcoin can help you to make a profit when Bitcoin rises again far above the value you bought. Bitcoin is a long-term asset that is very profitable for them investors.

Controlling emotions is of course very important and we should not use savings funds for other purposes in the investments we make so that this will interfere with us in carrying out investments.

 It can be separated between savings outside of Investment for your good in investing, it is better to separate between Savings and Also Investment in Bicoin. This savings may be used in an emergency even though the assets you have in Bitcoin can be used when you need it in an emergency, but it is more efficient for you to have other savings outside of your crypto savings.

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August 18, 2024, 07:49:44 PM
 #242

The recent low was on the 50 week average, yearly we are moving up also 200 week a massive momentum on that large time line.  Also the 200 day average again positively rising.   My point mentioning all these as positives is the large time frame in common.

Everything is positive if you zoom out enough, the answer to a question like this is in that reference.   You can buy into the rise over a year, over 200 days and even 200 weeks and I think it should be ok.     Nothing is for sure and BTC has traded under even the 200 week average, but it is quite rare for that to occur.   If you have the durability in your bid then the order is good.  Smiley

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August 18, 2024, 10:15:00 PM
 #243

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.
I think it's a good time to buy Bitcoin when the price of Bitcoin falls. Every dip is considered an opportunity for Bitcoin holder. Because current position of Bitcoin will not remain in the same position for a long time. If the investor accumulates bitcoins slowly then he will definitely be able to make profit in the long run. If there is money to invest then more bitcoins should be collected. Bitcoins are relatively easy to accumulate, especially for those who do DCA. It allows a holder to buy bitcoins in any situation which is not easy for other investors to collect bitcoins. Bitcoin price is currently below 60K and will likely continue to rise. Therefore, it is best to increase your Bitcoin accumulation during this period.

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August 29, 2024, 09:59:38 PM
Merited by ginsan (1)
 #244

I think it's a good time to buy Bitcoin when the price of Bitcoin falls. Every dip is considered an opportunity for Bitcoin holder. Because current position of Bitcoin will not remain in the same position for a long time. If the investor accumulates bitcoins slowly then he will definitely be able to make profit in the long run. If there is money to invest then more bitcoins should be collected. Bitcoins are relatively easy to accumulate, especially for those who do DCA. It allows a holder to buy bitcoins in any situation which is not easy for other investors to collect bitcoins. Bitcoin price is currently below 60K and will likely continue to rise. Therefore, it is best to increase your Bitcoin accumulation during this period.
The current bitcoin price condition is highly recommended to make DCA investment to accumulate bitcoin because the current bitcoin price is still relatively high for the target purchase price unless you buy gradually from the DCA strategy that you have planned, but I relatively save USDT to be patient waiting for the market price to fall to increase investment and there is always the opportunity to buy at a low price, such as a correction rate above 10% in a day which is very rare in crypto market activity but this movement is very profitable if you save thousands or tens of thousands of dollars for bitcoin investment purposes.
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August 30, 2024, 08:25:30 AM
 #245

I think it's a good time to buy Bitcoin when the price of Bitcoin falls. Every dip is considered an opportunity for Bitcoin holder. Because current position of Bitcoin will not remain in the same position for a long time. If the investor accumulates bitcoins slowly then he will definitely be able to make profit in the long run. If there is money to invest then more bitcoins should be collected. Bitcoins are relatively easy to accumulate, especially for those who do DCA. It allows a holder to buy bitcoins in any situation which is not easy for other investors to collect bitcoins. Bitcoin price is currently below 60K and will likely continue to rise. Therefore, it is best to increase your Bitcoin accumulation during this period.
The current bitcoin price condition is highly recommended to make DCA investment to accumulate bitcoin because the current bitcoin price is still relatively high for the target purchase price unless you buy gradually from the DCA strategy that you have planned, but I relatively save USDT to be patient waiting for the market price to fall to increase investment and there is always the opportunity to buy at a low price, such as a correction rate above 10% in a day which is very rare in crypto market activity but this movement is very profitable if you save thousands or tens of thousands of dollars for bitcoin investment purposes.
Making a plan before deciding to invest in Bitcoin is very important and if you want to use the DCA method in investing then you must first have funds that you can hold for a long period of time and buying gradually will of course be very good in the process of adding investment assets that you have because we will never be able to know for sure how far the price of Bitcoin will fall and by buying gradually of course this will continue to add to the assets that we invest and if you keep your funds and wait for the decline you could miss the opportunity to make a profit and of course it depends on each of us whether we are ready to maintain the funds we invest in the long term or not and if we are not able to survive of course we can invest according to the funds that we are able to maintain in the long term.

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September 01, 2024, 04:37:25 AM
 #246

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.
I think it's a good time to buy Bitcoin when the price of Bitcoin falls. Every dip is considered an opportunity for Bitcoin holder. Because current position of Bitcoin will not remain in the same position for a long time. If the investor accumulates bitcoins slowly then he will definitely be able to make profit in the long run. If there is money to invest then more bitcoins should be collected. Bitcoins are relatively easy to accumulate, especially for those who do DCA. It allows a holder to buy bitcoins in any situation which is not easy for other investors to collect bitcoins. Bitcoin price is currently below 60K and will likely continue to rise. Therefore, it is best to increase your Bitcoin accumulation during this period.

Now is the best time to hold the investment for a long time.  If you watch, you can definitely see that the Bitcoin market goes up and then down again, and this is a precursor to a bull market.  But the key to investing is to be patient and save it for a long time, but the DCA method is the most likely to hold bitcoins.  And it is very important for both new and old investors to follow this DCA procedure.  The only successful holdings are those who hold bitcoins following the DCA method.

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September 05, 2024, 03:22:46 PM
 #247

Now is the best time to hold the investment for a long time.  If you watch, you can definitely see that the Bitcoin market goes up and then down again, and this is a precursor to a bull market.  But the key to investing is to be patient and save it for a long time, but the DCA method is the most likely to hold bitcoins.  And it is very important for both new and old investors to follow this DCA procedure.  The only successful holdings are those who hold bitcoins following the DCA method.
In any case, it would be better to keep the assets that we have invested because we are all very sure that when the price of Bitcoin drops, it will always go up again and if we keep the assets that we have invested, it will certainly always be the right choice in investing, but this will not be possible without patience and also good knowledge about investment, so it is very important in investing first to understand well so that you can survive in the long term and not panic when there is a decline.

Anyone who uses the DCA method in investing will certainly be successful if they continue to do it consistently, but they must also have a steady income so that they can easily carry out the method because if they do not have a steady income, of course they must prepare funds when they have income so that they can carry out the method according to the planned purchase schedule.
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September 10, 2024, 11:10:24 PM
 #248

Since the future of bitcoin is very good no one has been harmed by investing in bitcoins so far. Moreover, Bitcoin will create a good position in the future and will go to the top of people's popularity. Considering various aspects, I think it is appropriate to invest in Bitcoin. There was a time when bitcoin was a good time to invest but they used that time they made a lot of success in bitcoin today and those who didn't use that time can buy bitcoin from current position because bitcoin will make a good position very soon. We keep hearing from everyone that Bitcoin will hit $100,000 between 2024 and 2025. Why don't you and we invest if it makes a good position? Definitely invest if you have cash to buy from the instant market without delay it is a good time to invest.

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September 11, 2024, 12:37:10 AM
 #249

Since the future of bitcoin is very good no one has been harmed by investing in bitcoins so far. Moreover, Bitcoin will create a good position in the future and will go to the top of people's popularity. Considering various aspects, I think it is appropriate to invest in Bitcoin. There was a time when bitcoin was a good time to invest but they used that time they made a lot of success in bitcoin today and those who didn't use that time can buy bitcoin from current position because bitcoin will make a good position very soon. We keep hearing from everyone that Bitcoin will hit $100,000 between 2024 and 2025. Why don't you and we invest if it makes a good position? Definitely invest if you have cash to buy from the instant market without delay it is a good time to invest.
the problem is, the price action is choppy no one can be sure what bitcoin is gonna do in term of price in upcoming few months, that's why so many people are so hesitant to invest.
I personally will reinvest once BTC at least got cheap enough for me maybe around $43k-$48k only then I think it's worth it investing in this choppy market.

but if i'm being frank, BTC like to caught people off guard when it's gonna have pump so the pump can happen anytime. but one thing that I anticipate BTC to do is to touch the liquidity zone at the bottom.
this pump around probably just a fake out pump that will reach $58k-$60k and then dumps, but of course I can be wrong.

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September 11, 2024, 05:32:01 AM
Merited by erep (1)
 #250

Since the future of bitcoin is very good no one has been harmed by investing in bitcoins so far. Moreover, Bitcoin will create a good position in the future and will go to the top of people's popularity. Considering various aspects, I think it is appropriate to invest in Bitcoin. There was a time when bitcoin was a good time to invest but they used that time they made a lot of success in bitcoin today and those who didn't use that time can buy bitcoin from current position because bitcoin will make a good position very soon. We keep hearing from everyone that Bitcoin will hit $100,000 between 2024 and 2025. Why don't you and we invest if it makes a good position? Definitely invest if you have cash to buy from the instant market without delay it is a good time to invest.
Nobody knows the future of Bitcoin but we believe after seeing what happened in the past and with all indications for speculation, many believe that the future of Bitcoin investment will be quite promising.
Currently the problem is the right time to buy to invest, there is a lot of debate about this because everyone has a different way of thinking, some are waiting for a better price, some are immediately entering at the current price and in my opinion it all comes back to the plan that is carried out whether it is for the long term or just taking advantage when there is a price spike later, that is something that must be understood at the bottom.

Regarding Bitcoin reaching a price of 100k, many people believe that and I even think it will be more but for the time we don't know for sure when it will happen.
For me, if you plan to buy Bitcoin and save it for the future then don't care about the price, stick to the plan and keep buying because there is a big possibility that the price of Bitcoin will soar in the future.

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LUCKMCFLY
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September 16, 2024, 02:13:31 AM
 #251

For me, if you plan to buy Bitcoin and save it for the future then don't care about the price, stick to the plan and keep buying because there is a big possibility that the price of Bitcoin will soar in the future.

Well, I am one of the people who believes that when bitcoin hits $200k it will continue to rise, I remember that it is analogous to when they said that bitcoin was going to reach $20k again and at that time that was something that was difficult to achieve and we saw how it reached $20k and went through there and continued to rise, there were many who sold at $20k and the price continued to rise, in this regard I think that $100k could be the same, there are many investors who have put a lot of money into it and have believed in bitcoin, which I think have been very Smart moves.

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September 16, 2024, 05:01:23 AM
 #252

the problem is, the price action is choppy no one can be sure what bitcoin is gonna do in term of price in upcoming few months, that's why so many people are so hesitant to invest.
I personally will reinvest once BTC at least got cheap enough for me maybe around $43k-$48k only then I think it's worth it investing in this choppy market.

but if i'm being frank, BTC like to caught people off guard when it's gonna have pump so the pump can happen anytime. but one thing that I anticipate BTC to do is to touch the liquidity zone at the bottom.
this pump around probably just a fake out pump that will reach $58k-$60k and then dumps, but of course I can be wrong.

For the current price is indeed not normal the potential for short-term pattern trading is mostly done. a little up immediately slammed again by speculators. But, I'm sure when there is a positive rumor coming for BTC the price will be pumped up by itself and this will create a large buying demand so that it can suppress / restrain the enthusiasm of traders who play short term to sell their BTC assets temporarily or even they will take the alternative of waiting for dual selling at a price that has a higher profit potential than the previous plan.

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September 17, 2024, 03:16:00 PM
 #253

In my opinion you can buy and invest in Bitcoin anytime you want. If there is one most reliable currency in cryptocurrency to buy and invest or trade, it would be Bitcoin. Especially if one wants to invest and hold for a long time then it will be more effective for him and will serve as a great means of earning profit in future. I saw that yesterday the price of bitcoin was 57000$ and within a day bitcoin pumped again to 60000$. So you can definitely invest here if you want and if you hold I think you will get the most profit.

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September 17, 2024, 04:07:56 PM
 #254

If your plan with bitcoin is long-term, choose to buy with the idle money you have at any time, there is nothing to worry about. If your plan is short-term, take advantage of the opportunity to buy dips to wait for bitcoin's support waves. Basically, depending on the conditions and plans, I will arrange and proactively buy when bitcoin is at a price that I feel is acceptable.

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September 19, 2024, 09:19:31 PM
 #255

Since the future of bitcoin is very good no one has been harmed by investing in bitcoins so far. Moreover, Bitcoin will create a good position in the future and will go to the top of people's popularity. Considering various aspects, I think it is appropriate to invest in Bitcoin. There was a time when bitcoin was a good time to invest but they used that time they made a lot of success in bitcoin today and those who didn't use that time can buy bitcoin from current position because bitcoin will make a good position very soon. We keep hearing from everyone that Bitcoin will hit $100,000 between 2024 and 2025. Why don't you and we invest if it makes a good position? Definitely invest if you have cash to buy from the instant market without delay it is a good time to invest.
Nobody knows the future of Bitcoin but we believe after seeing what happened in the past and with all indications for speculation, many believe that the future of Bitcoin investment will be quite promising.
Currently the problem is the right time to buy to invest, there is a lot of debate about this because everyone has a different way of thinking, some are waiting for a better price, some are immediately entering at the current price and in my opinion it all comes back to the plan that is carried out whether it is for the long term or just taking advantage when there is a price spike later, that is something that must be understood at the bottom.

Regarding Bitcoin reaching a price of 100k, many people believe that and I even think it will be more but for the time we don't know for sure when it will happen.
For me, if you plan to buy Bitcoin and save it for the future then don't care about the price, stick to the plan and keep buying because there is a big possibility that the price of Bitcoin will soar in the future.
This is where people should really be that realizing on which on the time or moment that they do talk about future of Bitcoin. No one really knows in regarding about this one and this is why it is really that important
that you should really be that versatile on what you are dealing with and we do know the primary rule when it comes to investing into Bitcoin or crypto as a whole that you should really that invest only on the amount on which you can afford to lose because you wont really be that becoming that impulsive on the moment that you've seen your portfolio is going down. In regarding about buying or selling then it would really be that up to
you whether you would really be doing such step or not. It will really be just that normal that there would really be times or moments that we are really that confused on what we gonna do.

Buy high Sell low is most likely the case on where most people been doing specially into those people who do lack knowledge, but later on on which on the moment that you do gain up sufficient knowledge and experience
then you would be able to adjust yourself accordingly on what are the things that you are currently dealing with. Going back into the moment about buying or selling Bitcoin then it will really be that according into your own targets and preference on which we know that each person would really be having their own preference and decision making.

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September 20, 2024, 03:56:18 AM
 #256

If your plan with bitcoin is long-term, choose to buy with the idle money you have at any time, there is nothing to worry about. If your plan is short-term, take advantage of the opportunity to buy dips to wait for bitcoin's support waves. Basically, depending on the conditions and plans, I will arrange and proactively buy when bitcoin is at a price that I feel is acceptable.

If you choose to invest in Bitcoin in the long term, it would be better to be able to use funds that are not intended for other needs in the near future in order to achieve the targets you have made before starting to invest, because it is very difficult to achieve targets when we use funds that we cannot hold in the long term.

Indeed, there is nothing wrong with choosing to maintain Bitcoin in the short term, but this certainly requires us to always see market movements so as not to exceed the profit targets that we have previously made, but this will be difficult for us to do if we do not have time to monitor market movements.

Yes, in collecting Bitcoin of course we have to adjust the plan according to the income and also the profit target that we want, but I think choosing to maintain it in the long term will be better and also has little risk and we can continue to collect according to our abilities.

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September 20, 2024, 06:21:57 AM
 #257

If your plan with bitcoin is long-term, choose to buy with the idle money you have at any time, there is nothing to worry about. If your plan is short-term, take advantage of the opportunity to buy dips to wait for bitcoin's support waves. Basically, depending on the conditions and plans, I will arrange and proactively buy when bitcoin is at a price that I feel is acceptable.

If you choose to invest in Bitcoin in the long term, it would be better to be able to use funds that are not intended for other needs in the near future in order to achieve the targets you have made before starting to invest, because it is very difficult to achieve targets when we use funds that we cannot hold in the long term.

Indeed, there is nothing wrong with choosing to maintain Bitcoin in the short term, but this certainly requires us to always see market movements so as not to exceed the profit targets that we have previously made, but this will be difficult for us to do if we do not have time to monitor market movements.

Yes, in collecting Bitcoin of course we have to adjust the plan according to the income and also the profit target that we want, but I think choosing to maintain it in the long term will be better and also has little risk and we can continue to collect according to our abilities.

What is an obstacle for beginners to invest in Bitcoin in the long term is the ability to control their emotions. beginners can make plans from various suggestions received to hold long-term. plans have been made but when psychology is not strong enough to face market situations, sometimes moments like that can thwart the plans of novice investors. knowledge can be obtained but experience will determine the success or failure of an investor.

If you already have funds ready to be allocated to invest in Bitcoin, then invest immediately. but if you are still hampered by limited capital, it is better to do DCA which allows us to collect Bitcoin gradually even with small capital. do it routinely and consistently, novice investors can also do it and get benefits in the future.

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Today at 07:36:27 PM
 #258

If you already have funds ready to be allocated to invest in Bitcoin, then invest immediately. but if you are still hampered by limited capital, it is better to do DCA which allows us to collect Bitcoin gradually even with small capital. do it routinely and consistently, novice investors can also do it and get benefits in the future.

It couldn't have been said better, I am a person who has always seen BTC as the best investment option for everything, for any situation for me the solution will always be in BTC, there is no other way, you can diversify into other things yes, but I believe that the safest asset will always be BTC, for this reason for those who have how to make a good and future investment , they buy BTC, those who know that this year or 2025 there will be a rebound is something phenomenal, this is what you should be clear about, it is not possible to give a clear prediction, but if it has to be considered that the 4-year limit will be met, a clear effect of the Halving and ETF has not been given , all that can influence.

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Today at 08:07:10 PM
 #259

If your plan with bitcoin is long-term, choose to buy with the idle money you have at any time, there is nothing to worry about. If your plan is short-term, take advantage of the opportunity to buy dips to wait for bitcoin's support waves. Basically, depending on the conditions and plans, I will arrange and proactively buy when bitcoin is at a price that I feel is acceptable.

It is never a good deal to advise a newbie to invest in bitcoin for a short time because there is no possibility that he will get a profit. Mind you, if you really want to get profit in bitcoin, then it has to be for a long period of time, and if you are to invest for a long period of time, you don't need to wait until there is a dip so that you can buy. That is why there is a DCA strategy that will help you to accumulate as much as the number of bitcoins you need, which you can buy bitcoin bit by bit and accumulate what you need.

NOTE: Most people that buy bitcoin in a short time are likely to lose, although some also gain profit, but as a beginner in bitcoin, it will be very hard for you to gain profit in a short time because it deals with a lot of analysis and research, so the best as far as I am concerned is long-term investment.

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