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Author Topic: LAST CHANCE TO BUY BITCOIN.....  (Read 646 times)
redsun114
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May 10, 2024, 09:51:01 AM
 #41

I wouldn't say you are wrong, but what you said is a generic speculation and specific to the current scenario of bitcoin market. Because, bitcoin market is a bit confusing state right now, we know, we can see how it dips a bit and goes up again and it has been repeating that for quite some time, but there is no clear indication of anything happening the way you implied it. All of us in the market are hopeful that we will witness a bull run in the next few months, but we aren't completely sure about it, none of us.

One thing is for sure, those who plan to buy and hold bitcoins for a very long term, and by long term I mean maybe the next bull run, then they shouldn't be worried. Otherwise, if someone isn't willing to hold that long, maybe they should wait or maybe use the DCA method to accumulate for now.

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May 10, 2024, 03:27:50 PM
 #42

There is no end time to invest in Bitcoin but any time an investor can invest in Bitcoin.  Yes, but if an investor invests and holds at the right time, the profit will be more.  In this case, an investor can adopt the DCA method and he can buy and hold bitcoins at any price at any time.  DCA is an important method of buying Bitcoins at different market prices at different times.
Most Bitcoin investors must be familiar with this method because currently quite a lot of Bitcoin investors use the DCA method to buy Bitcoin with the aim of investing for the long term. And it is true as you said that in terms of investing in Bitcoin there will never be an end as long as Bitcoin still has value and still has more demand in the market so that investors will continue to have plans to invest in Bitcoin for a long time. Currently the price of Bitcoin is still around $61K, which means it is still worthy enough to be purchased by many investors for their investment assets for the future.

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May 10, 2024, 03:49:34 PM
 #43

We are still in accumulation phase but this is the idea for people who hold BTC longer term.   Majority of activity and interest especially during the peaks or the runup to higher prices contains speculative buyers, so they dont like this current weak action.

Its quite correct to buy into weakness when an asset such as BTC is able to gain over longer time periods.   We do have an unfortunate movement today where BTC continues to weaken while under the 50 day average so be ready for it to be lower.

  A person who is going to buy no matter what should at this point be focused on receiving more BTC in exchange for their regular buy, its not a negative in that sense.   Also always regard the pricing as with variable accuracy, people tend to treat it as the biblical truth when its more like the wind blowing in all directions wherever it feels like.

   We will naturally go down at times including now is possible imo and its not a big deal except being a better buy.   Hard to put that thinking into peoples mindsets though

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May 10, 2024, 04:58:00 PM
 #44

It wasn't the last chance to buy Bitcoin, because it has just crashed to 60,000$ once again. Bitcoin isn't managing to break the 60,000$'s price range to move into 70,000$ once again. Big players are heavily manipulating the market downside these days and it's already getting on nerves... There is nothing we can do for now besides waiting, and that is exactly what the whales don't want you to do, because they want your coins for a cheap price.

It seems we aren't going to get rid this bearish trend anytime soon. I fear it might still take more one month or two until we see a considerable and decent change on the trend of crypto market upside. Price will only skyrocket once big players determine it's time.

Unfortunatelly people in general around the world decided to continue behaving like sheep, so they definitely didn't come into BTC investment. They just ignored the bull market opportunity and gave up the potential coins they could acquire for the whales. And the whales are thankful for that.

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May 10, 2024, 05:08:26 PM
 #45

I wouldn't say you are wrong, but what you said is a generic speculation and specific to the current scenario of bitcoin market. Because, bitcoin market is a bit confusing state right now, we know, we can see how it dips a bit and goes up again and it has been repeating that for quite some time, but there is no clear indication of anything happening the way you implied it. All of us in the market are hopeful that we will witness a bull run in the next few months, but we aren't completely sure about it, none of us.

One thing is for sure, those who plan to buy and hold bitcoins for a very long term, and by long term I mean maybe the next bull run, then they shouldn't be worried. Otherwise, if someone isn't willing to hold that long, maybe they should wait or maybe use the DCA method to accumulate for now.
I believe that ups and downs will continue to happen for a while, but I believe that we are going to have other chances to buy as well, is this a chance to buy? Of course it is, I believe that eventually we will go up so buying right now can't be all that bad of a decision, but that also doesn't mean that we are going to end up with nothing at all neither.

We just need to realize that we can make some money one way or another, and for that to happen we need to make sure that we have some bitcoins that we are holding. Of course this upsets some people, which is fine and I do not mind it, but we need to realize that life isn't always that easy, sure you may buy and price may drop, you have to learn how to hold it as much as you possibly could.

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May 10, 2024, 05:48:23 PM
 #46

the title itself gives your whole thread to be biased in any form because you are giving
warning for the community about having the last chance but don't you realized that we can buy
bitcoin anytime forever?
bitcoin will remain currency and for sure to be available as long as people are using this ,but thanks
for the warning to show people how they need to invest now while the price is still cheaper knowing
that we are waiting for the 6 digits price of bitcoin any time in the future.
I think he only said that for this current bull period and he might not be dumb enough to know that it's also possible to buy again at lower amounts later on or once the bear season starts. For those who are into longer terms and are not bothered with the current bull run and they can still buy continuously.

BTC starts to get known as a currency but this had changed later on for being an asset. I think the more the BTC will be known like this once the price rises more in the future but its okay as long as it will still exist. That is more important there, and besides people can still continue using their BTC like a typical currency if they wanted to.

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May 10, 2024, 07:56:22 PM
 #47

There is no end time to invest in Bitcoin but any time an investor can invest in Bitcoin.  Yes, but if an investor invests and holds at the right time, the profit will be more.  In this case, an investor can adopt the DCA method and he can buy and hold bitcoins at any price at any time.  DCA is an important method of buying Bitcoins at different market prices at different times.
Most Bitcoin investors must be familiar with this method because currently quite a lot of Bitcoin investors use the DCA method to buy Bitcoin with the aim of investing for the long term. And it is true as you said that in terms of investing in Bitcoin there will never be an end as long as Bitcoin still has value and still has more demand in the market so that investors will continue to have plans to invest in Bitcoin for a long time. Currently the price of Bitcoin is still around $61K, which means it is still worthy enough to be purchased by many investors for their investment assets for the future.

We still have some time to buy Bitcoin at cheap prices. As long as bitcoin is below the previous market cycle top high, we can safely invest in bitcoin for good returns. Very soon, we will see a big move upwards breaking all the resistance at 63000, 65000, 68000 and finally 70,000$.

The problem is that most of the retail investors are either waiting for the prices to more dump, maybe below 60000 or some may buy once bitcoin crosses 70K and confirms the breakout. This way, the profit margin will be a little less but it will be a good move by the traders to buy bitcoin after confirmed breakout.

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May 10, 2024, 09:06:59 PM
 #48

I did see the price going down again, so another great chance to buy,

According to this data, https://www.tradingview.com/news/DJN_DN20240510010834:0-coindesk-bitcoin-price-index-lost-2-93-to-60626-03-data-talk/

Quote
CoinDesk Bitcoin Price Index is down $1829.88 today or 2.93% to $60626.03

Lowest 4 p.m. level since May 2, 2024 when it traded at $59336.42
Largest percentage decrease since May 1, 2024 when it dropped 3.70%

Not sure what's the reason of a negative today, but it's huge as this week we also traded to $63k-$64k and then went down today at $59k-$60k.

But this is what we call opportunity and hopefully there are investors who are going to see this and accumulate and increased their BTC in their wallet.

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May 10, 2024, 09:40:24 PM
 #49

~Snip
Most Bitcoin investors must be familiar with this method because currently quite a lot of Bitcoin investors use the DCA method to buy Bitcoin with the aim of investing for the long term. And it is true as you said that in terms of investing in Bitcoin there will never be an end as long as Bitcoin still has value and still has more demand in the market so that investors will continue to have plans to invest in Bitcoin for a long time. Currently the price of Bitcoin is still around $61K, which means it is still worthy enough to be purchased by many investors for their investment assets for the future.
Even bitcoin will be worth $100k, so I'm sure there will always be demand. People will continue to buy when they have hope of profiting from price fluctuations. Whatever the price, but the main focus is about the opportunity to make a profit.

No one really knew bitcoin would hit $73k some time ago when they entered in 2018 or 2019, but $73k is a reality. There are people who bought ATH and they still keep their bitcoins safely while waiting for the price to break through a higher ATH in the future, that will happen at any ATH in the future and I'm sure of it.

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May 10, 2024, 09:59:30 PM
 #50

There will always be an opportunity for the people to buy and invest in bitcoin, because it's a volatile digital coin, and bitcoin is not being centralized, when we buy today and the market rises tomorrow, we can still see it coming down and after some time, others may have same opportunity if coming in to invest and also hold till the market rises for them to also make profits, this is how the trends continue to work and you could discover that people will always have interest on investing.
I would agree to that. Opportunities with bitcoin are never scarce. As long as you know how to analyze the  market movement, most especially the movement of bitcoin, you will always see good opportunities to enter the market and invest.

And the best opportunities do happen when the price of bitcoin is bearish or when there is current price correction that drops bitcoin price drastically. So there’s no way that the last chance to buy bitcoin is now, as we can always wait for bitcoin price to drop again and start purchasing a sufficient amount.

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May 11, 2024, 08:19:03 AM
 #51

There will always be an opportunity for the people to buy and invest in bitcoin, because it's a volatile digital coin, and bitcoin is not being centralized, when we buy today and the market rises tomorrow, we can still see it coming down and after some time, others may have same opportunity if coming in to invest and also hold till the market rises for them to also make profits, this is how the trends continue to work and you could discover that people will always have interest on investing.
I would agree to that. Opportunities with bitcoin are never scarce. As long as you know how to analyze the  market movement, most especially the movement of bitcoin, you will always see good opportunities to enter the market and invest.

And the best opportunities do happen when the price of bitcoin is bearish or when there is current price correction that drops bitcoin price drastically. So there’s no way that the last chance to buy bitcoin is now, as we can always wait for bitcoin price to drop again and start purchasing a sufficient amount.

It would be more appropriate if OP called this a good opportunity to buy bitcoin instead of saying this is the last chance which makes many people misunderstand.

In my opinion, as long as bitcoin's volatility persists, there will always be opportunities for everyone who wants to invest in bitcoin. But we should invest as soon as possible because if we buy at a low price, the chance of receiving profits will be greater. But I think before buying we should make our own analysis, don't wait for the price to drop and don't buy just because of Fomo. Because there is no guarantee that bitcoin will continue to decline more, or buying at too high a price is not a wise strategy.

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May 11, 2024, 06:03:01 PM
 #52

As far as I know, there is no last chance to buy bitcoin if you understand the market situation you can invest at any time. Bitcoin investment is always a profitable currency, those who can hold until the bull run will benefit.
If you understand how the market works, you can actually wait for the best times before you buy or sell, as this gives you the best value for your money. BTC is a currency and an asset. The profit that we can get here will only depend on us or on our ability, so for some it's not always profitable.

Bitcoin is more stable than it has been in years and the next half is fast approaching.
I'm not sure if BTC did really became stable because there are still rise and fall in the price that I see, but stable or not, both are still fine. In terms of time, it can be fast or slow depending on what we are doing.

Considering the current market conditions now may be the right time to invest.
I thought there are no limits or restrictions when it comes to investing in BTC? But why wait right? Especially if you just came in the scene. BTC is still beginner-friendly.

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May 11, 2024, 08:27:28 PM
 #53

Bitcoin is a long-term investment and the opportunity to buy Bitcoin is not going away so soon, you can buy it whenever you want. Now how to buy your bitcoins is the main goal if you absolutely want to buy then investing in the current $61k market will not be a very wrong decision. Again if you want to invest in bitcoins weekly or monthly DCA method will be a good decision. While investing, try to hold on to Bitcoin only, hoping for a bullrun by the end of the year where the price of Bitcoin may exceed $100k. The opportunity to buy Bitcoin ends when you stop investing.
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May 12, 2024, 03:58:13 AM
 #54

Well no it is not the last time for us to buy Bitcoin. We can buy Bitcoin any time we want to if there is a dip and we want to buy more coins to hodl.

But for me to see this price of less then 61,000 is still 'bullish' for me. The US government does now hodl 216.788 Bitcoins that is worth $13.82 Billion.

https://www.coinspeaker.com/us-government-13-82b-bitcoin/


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May 14, 2024, 05:08:38 PM
 #55

Well no it is not the last time for us to buy Bitcoin. We can buy Bitcoin any time we want to if there is a dip and we want to buy more coins to hodl.

But for me to see this price of less then 61,000 is still 'bullish' for me. The US government does now hodl 216.788 Bitcoins that is worth $13.82 Billion.

https://www.coinspeaker.com/us-government-13-82b-bitcoin/


I disagree as well with this idea that this is the last chance someone may have to buy bitcoin, bitcoin can be bought at any point in time and if the investor is willing to wait for long enough then they can obtain profits with it, as even those that bought at the top of the previous bull market were in profits for a time during the current cycle and things are just starting out, now it is true that if you can buy at the dip this will bring you more profits, but it is not really mandatory to do it to become a successful investor.
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May 14, 2024, 07:47:26 PM
 #56

I wouldn't say you are wrong, but what you said is a generic speculation and specific to the current scenario of bitcoin market. Because, bitcoin market is a bit confusing state right now, we know, we can see how it dips a bit and goes up again and it has been repeating that for quite some time, but there is no clear indication of anything happening the way you implied it. All of us in the market are hopeful that we will witness a bull run in the next few months, but we aren't completely sure about it, none of us.
I thought I am the only one thinking this way but your comment just confirmed that you are also seeing same thing like me. Bitcoin have defied all technical and fundamental analysis with everyone confused about what Bitcoin is doing now and what will be the future. People expected that the halving will immediately initiate a big rise in price but that is not what we have seen, instead Bitcoin have declined from the price it was when the halving happened. I think the believe and trust of Bitcoiners is being tested by this behaviour of Bitcoin. I still believe that holding is the best option. Thus could also be opportunity for people to buy more Bitcoin at lower prices.












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May 14, 2024, 08:04:01 PM
 #57

It is of course an opportunity, but it is not the last, in my opinion. We have seen several corrections and the price fell to about 58K$, so it was not the last opportunity. It is also not unlikely that there will be another correction in the coming period, and we may see 52K$, according to some analysts.

Therefore, I do not think it is the last opportunity and I believe that there are more opportunities coming to buy at low prices. In any case, I consider any correction a good opportunity to buy, especially for long-term investors.

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May 14, 2024, 08:11:44 PM
Merited by $weetne$$ (5)
 #58

People expected that the halving will immediately initiate a big rise in price but that is not what we have seen, instead Bitcoin have declined from the price it was when the halving happened.
This is a wrong thought, If you have been in this space during past Bitcoin Halvings there has never been an explosive price immediately after Bitcoin halving rather it's months after the halving.

Bitcoin have defied all technical and fundamental analysis with everyone confused about what Bitcoin is doing now and what will be the future.

What do you mean by Bitcoin has defied all Technical Analysis and fundamental, what has changed since after halving Technically and fundamentally?
Institutional investors are busy buying more Bitcoin ETFs, eg microstrategy has resolveld the issue they had which caused people to start dumping its Bitcoin ETFs and Buying has resumed.

To me nothing has changed in my opinion all fundamental holders of Bitcoin are still very strong, there is now less supply in the amount of Bitcoin that is printed a day, and Technically, Bitcoin is still Consolidating around its previous ATH,  and is trying to confirm that zone as a support before taking off which is healthy for the market....Try zoom out on the Chart to Weekly and Monthly time frame, maybe you would get a clearer picture of what Bitcoin is doing at the moment.

 
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........5,000+........
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......INSTANT......
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..........HUGE..........
REWARDS
 
............VIP............
PROGRAM
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   PLAY NOW    
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Mame89
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May 14, 2024, 08:38:39 PM
 #59

There is no end time to invest in Bitcoin but any time an investor can invest in Bitcoin.  Yes, but if an investor invests and holds at the right time, the profit will be more.  In this case, an investor can adopt the DCA method and he can buy and hold bitcoins at any price at any time.  DCA is an important method of buying Bitcoins at different market prices at different times.
Most Bitcoin investors must be familiar with this method because currently quite a lot of Bitcoin investors use the DCA method to buy Bitcoin with the aim of investing for the long term. And it is true as you said that in terms of investing in Bitcoin there will never be an end as long as Bitcoin still has value and still has more demand in the market so that investors will continue to have plans to invest in Bitcoin for a long time. Currently the price of Bitcoin is still around $61K, which means it is still worthy enough to be purchased by many investors for their investment assets for the future.
The strategy using the dca method is very suitable for long-term investments and this method must be used by both beginners and pro investors because with dca we prevent losses and it doesn't matter if prices go up or down because our goal is for the long term. So if you use this strategy, of course there is no such thing as "last chance to buy bitcoin", because all the time is an opportunity to buy bitcoin.

We also have to know that the habit after a Bitcoin halving is that the price falls first, then after 3 to 6 months the Bitcoin price rises higher. So the current price of bitcoin is $61k which is a good opportunity to continue accumulating bitcoin for the long term, never wait for the price of bitcoin to fall again because no one knows to what number bitcoin will fall, you better prepare now for the future before it's too late .

 
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........5,000+........
GAMES
 
......INSTANT......
WITHDRAWALS
..........HUGE..........
REWARDS
 
............VIP............
PROGRAM
 .
   PLAY NOW    
Ben Barubal
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May 17, 2024, 11:45:56 PM
 #60

     Op, why the last chance to buy bitcoin? I don't quite understand that. Why will the bitcoin industry end? Because with every dumping that happens in Bitcoin in times like this, there are and are people who will buy and buy bitcoin every minute, hour, every 2 hours, daily, weekly, and so on. Even if we say that there is a rally, many people are still buying. You know what I mean. Right?

     As in the current situation, I see a little dropping in the price of Bitcoin later, then up after a short while. That's what happens on the trading chart, because that depends on the scalpers,
day traders, and others.

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