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Author Topic: When is the right time to invest in BTC? << 1 2....5 6 All >>  (Read 180 times)
asarfiar (OP)
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September 19, 2024, 09:41:56 AM
 #1

I am a newbie so don't know much about bitcoin forums, a close friend of mine gave me some practice about bitcoin and decided to invest.
Actually I want to invest in Bitcoin and when is the right time?

I want to participate in the bull run for a long time, if anyone knows, tell me the exact time.
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September 19, 2024, 09:48:25 AM
 #2

The best time to invest in Bitcoin is now because the more you delay, the more the chances of you using the funds for another thing increases. In addition, price can also leave the present region if you continue to delay but before you start your investment journey, ensure the following are in place:
  • Ensure you are investing amount you can afford to leave in Bitcoin for a long time, so rhat you will not panic to sell when price refise to rise as fast as you may expect it. Bitcoin is not a get-rich-quick venture.
  • Ensure you use a wallet you control the private keys to store your Bitcoin examlle, Electrum wallet or even hardware wallet. Please never store your Bitcoin in centralized exchanges

R


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September 19, 2024, 10:03:37 AM
 #3

I am a newbie so don't know much about bitcoin forums, a close friend of mine gave me some practice about bitcoin and decided to invest.
Actually I want to invest in Bitcoin and when is the right time?

I want to participate in the bull run for a long time, if anyone knows, tell me the exact time.
I don't seems to understand your question over here, I just have brief look at your profile it shows you have been here for about 4-5 months and you still don't know how to start from this forum, and you didn't know how to start your investment?
I think there are several post on the Beginners & Help section which is mostly required you to post over there than here, you can start from that section. Again the above poster has already given you guideline and you need to follow it up carefully, or you can also meet with your mentor to guide you.

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September 19, 2024, 10:07:59 AM
 #4

I want to participate in the bull run for a long time
You already answer your own question, if you said you want to participate in the bull run for a long time, it means there's no the right time to invest in Bitcoin since you're looking for long term. "Any" time is the right time including right now.

Yeah I know Bitcoin price is rising 5% now and it looks expensive than the last few days, but you're looking for long term, right?

 
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September 19, 2024, 01:08:35 PM
 #5

I want to participate in the bull run for a long time, if anyone knows, tell me the exact time.
Dude, whenever you want to invest in digital currency like Bitcoin, it's always your time and whenever you want there are no obstacles to doing it, 24 hours always available.

The question is when is the right time.......!
These questions and questions no one can speculate and predict accurately, even if he is a Bitcoin expert.
Another way you can invest your time is the right one.
For example:
Maybe you can speculate from Bitcoin's experience and journey from year to year and until now, in my experience the halving happened yesterday, it happened once every four years, for me Bitcoin still has a chance to go down, for me futures investment is not the right time, maybe 2025 is a possibility.

Remember, that's my speculation, you must have principles in investing, you can use them whenever you want, the information here and outside is very important for you, before going any further.

R


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September 19, 2024, 01:21:53 PM
 #6

I'm glad you were referred to this place when you were about to start and have not made any wrong investment mistake like some few newbies that located this forum when they might have been scammed into trying to figure out ways to invest in bitcoin.
 
To answer your question, there is no best time to invest in bitcoin. I know no one can give you a perfect time or a date that's right to invest in bitcoin, but the right thing, I think, is to invest whenever you have money available that you want to use for investment. Don't wait for the price to drop below where you meet it before you can consider it the best time. 
 
But if you are too afraid of what will become of the market in the future, I will advise you to make use of the DCA method in order not to spend a large amount of money at a time buying Bitcoin; rather, you can be accumulating bit by bit until you finally arrive at the expected volume you wish to hold.

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September 19, 2024, 02:56:33 PM
 #7

I spent a lot of time searching for the question of when is the best time to invest in bitcoin and crypto, I understand that investing in bitcoin is similar to investing in any type of asset, this makes me understand the cash flow when they switch back and forth between assets and currencies to create profit opportunities. Lol, it is a process that is automatically transformed like a cycle. And the right time to invest in bitcoin could be the opportunity now. Or you have to wait longer if you want or simply invest for a long term (it doesn't really need to be suitable). That's my personal opinion

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September 19, 2024, 07:59:42 PM
 #8

I am a newbie so don't know much about bitcoin forums, a close friend of mine gave me some practice about bitcoin and decided to invest.
Actually I want to invest in Bitcoin and when is the right time?

I want to participate in the bull run for a long time, if anyone knows, tell me the exact time.
Some analysts think that bitcoin may not have bottomed yet. You can use DCA to be buying bitcoin. Just divide your money in several places and be buying bitcoin every week. But you can set the limit order for it at lower price and see if the order will be filled.

Do not leave your coins on exchanges. After you finish the trade, move your coins to a noncustodial wallet. Bitcoin price may fall a little but the price will still get to all-time high and maybe six figures.

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September 19, 2024, 08:23:46 PM
 #9

If you ask me when is the best time to buy bitcoin and you have money today to invest in bitcoin, of course I will say the right time to buy bitcoin is today, the September dump is over the market is again very attractive to buy and we are still at $ 60k bitcoin, the trip to the last year of this cycle is next year so it can be concluded that today is the right time to buy bitcoin for your investment friends, but you need to consider that you must have good finances such as having an active income so that your investment runs well without being disturbed when getting difficulties in the future.


Well the journey to $100k will start soon, don't delay too much, if you are still in doubt do the DCA strategy to anticipate a decline so you can buy back when the price of bitcoin drops.

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September 19, 2024, 09:58:57 PM
 #10

Some analysts think that bitcoin may not have bottomed yet. You can use DCA to be buying bitcoin. Just divide your money in several places and be buying bitcoin every week. But you can set the limit order for it at lower price and see if the order will be filled.

Do not leave your coins on exchanges. After you finish the trade, move your coins to a noncustodial wallet. Bitcoin price may fall a little but the price will still get to all-time high and maybe six figures.

For the year and mostly especially the month of September which is bearish month just like the other two months in the third quarter of the year, personally i expected the bitcoin price to actually test again $48k but it didn’t and at this moment I don’t think we are going to go to such low price again. Aside All this waiting for perfect time I agree that OP should simply invest while they have the funds. One can’t simply wait for a perfect time because waiting o buy bitcoin is risky on it on. With bitcoin $60k there is a possibility of it doing more than 2x from this price in this upcoming bull run.

I think your last paragraph is contradictory if you ask me,you ask OP to set limit to buy at a low price but you’re still giving advice of not leaving off funds on exchanges, I think there is no way one can set an order in an exchange without leaving off funds there so the best thing is to manually check the price and then go and purchase it on any exchange, this eliminates the risk of leaving coins on exchanges











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September 19, 2024, 10:14:24 PM
 #11

Actually I want to invest in Bitcoin and when is the right time?
To maximize some significant profit from bitcoin you've to invest long, probably for a full circle. And there is absolutely no definite time that could be said to be the right time to start bitcoin investment. If there was anytime  that was said to be the right time to invest then it would be 2009 when it was $0.00099 per bitcoin. But guess what! Even at that time some persons asked similar questions but look at today bitcoin is with an ATH of $73k, imagine what the price could be in the next 4-8 years from now. Just make up your mind jump on the train with whatever amount you are comfortable to risk with.


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September 19, 2024, 10:23:26 PM
 #12

I am a newbie so don't know much about bitcoin forums, a close friend of mine gave me some practice about bitcoin and decided to invest.
Actually I want to invest in Bitcoin and when is the right time?

I want to participate in the bull run for a long time, if anyone knows, tell me the exact time.
The right time is when you are ready and have money to invest as soon as possible. No one knows how long the bull run will run so, for you to enjoy it with what our speculations for this bull run which is going to run until next year, you still have enough time to invest. And before you invest, make sure that you know what you are up to and what you're investing. Not just because a friend of yours tells you to invest in Bitcoin, you'd do it in a heartbeat. Keep on researching on your own and ask yourself questions whether you're already prepared or not yet and you still need to clarify things that you don't understand before you start investing to Bitcoin. We've got methods for you to start with, start with small amounts of accumulation and don't invest what you cannot afford to lose.

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September 19, 2024, 10:42:32 PM
 #13

I am a newbie so don't know much about bitcoin forums, a close friend of mine gave me some practice about bitcoin and decided to invest.
Actually I want to invest in Bitcoin and when is the right time?

I want to participate in the bull run for a long time, if anyone knows, tell me the exact time.

Since you want to participate in Bitcoin bull run for a long time, you have to invest too for a long time. Your investment should be focused on long term so it will help you to invest more into Bitcoin and be accumulating. Investing favour those that do it for a long runs not for the short run profits seekers. There is no right time to invest in Bitcoin because regardless of when you invest in Bitcoin, you only make profits depending on when you want to sell. What makes you to make profits is the duration that you are going to hodl and not when you are buying. But just for reference, the best time to buy Bitcoin is during the bear market or when the market is dipping. Others will be scared to buy because of the fear of the market dipping more but you can buy with DCA.

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September 20, 2024, 03:25:34 AM
 #14

I am a newbie so don't know much about bitcoin forums, a close friend of mine gave me some practice about bitcoin and decided to invest.
Actually I want to invest in Bitcoin and when is the right time?

I want to participate in the bull run for a long time, if anyone knows, tell me the exact time.
Anytime is a good time to invest in bitcoin. But, you missed some golden opportunities to buy btc at the bottom. This was when BTC was dipping to the 49k and 52k. It seems you will not get the same opportunity to enter at those very low prices.  

If you are willing to invest, then do it now or you can be patient waiting for another dip to come again soon.

But i just remind you if there was no guarantee if we're going to see a big bullish trend to come again. Try to understand the risk before try to enter market.

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September 20, 2024, 05:31:58 AM
 #15

Actually I want to invest in Bitcoin and when is the right time?
There is no right time to invest in Bitcoin, you can invest at any time as long as you have the knowledge and funds ready to invest. Bitcoin has seen a significant price increase in the past few years, with an ATH reaching $69,000. As long as you have the desire, don't delay because the current trading price is cheaper than the ATH. Never rely on the price and amount of Bitcoin that can be collected if you invest now, you can use the DCA method to collect more Bitcoin in the long term with the accumulation of average prices. This method is highly recommended for those of you who want to start investing but still lack funds, position yourself among smart investors by understanding the history of Bitcoin prices from year to year because the goal of investing is simply "buy low, sell high".

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September 20, 2024, 05:50:08 AM
 #16

I am a newbie so don't know much about bitcoin forums, a close friend of mine gave me some practice about bitcoin and decided to invest.
Actually I want to invest in Bitcoin and when is the right time?

I want to participate in the bull run for a long time, if anyone knows, tell me the exact time.
that is as much as STUPID TO ASK ABOUT EXACT TIME because there is no such, we can speculate the time but no specification in exact term .

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September 20, 2024, 01:21:20 PM
 #17

I am a newbie so don't know much about bitcoin forums, a close friend of mine gave me some practice about bitcoin and decided to invest.
Actually I want to invest in Bitcoin and when is the right time?

I want to participate in the bull run for a long time, if anyone knows, tell me the exact time.
Have you tried asking your friend? I was pretty sure he mentioned that before and listened to his advice closely. Having him as a mentor is a huge plus, so don’t hesitate to ask him questions to get more guidance on your plans.

Actually, this question might seem pretty usual, but the answer is that there’s never a perfect time—only a good time to buy. There’s a simple and genuine practice that seasoned investors follow: buy low. Even if you’re not familiar with the crypto market or how it works, it’s similar to running a business. Smart investors capitalize on market dips because that’s when they find opportunities to buy assets at discounted prices.

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September 20, 2024, 09:24:34 PM
 #18

The right time to invest? When it's bearish. But even if you start now, it doesn't matter if the goal is long-term, you can start by doing the DCA strategy of buying weekly or monthly, when you have a lot of money you can buy all at once.

All the time is right to invest in bitcoin, you just have to learn how to invest with the strategy you have, and prepare your mentality when you buy at a high price then suddenly the price drops you don't panic, then you have to be able to practice patience in times like this.

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September 20, 2024, 10:13:28 PM
 #19

that is as much as STUPID TO ASK ABOUT EXACT TIME because there is no such, we can speculate the time but no specification in exact term .
Now I see where the Op got his idea of saying those who don’t have Bitcoin knowledge are should On his recent thread there are better ways of making a point without indirectly using abusive language. 

That’s by the way, just as many others have said here, no one can give you the exact time that’s perfect for bitcoin buying; all that you can do is guess and speculate on the price, which is why one of the most effective ways to acquire bitcoin, which have been advised on this forum, is the DCA method. That way, you don’t need to worry about price, but you buy each time you have money available.

 
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September 20, 2024, 10:37:51 PM
 #20

Do you have money now? Buy now... Don't delay and ask when is the right time, no one knows.

Before starting your investment plan, prepare a savings fund or emergency fund when urgent needs that do not sell bitcoin invested.

Buying bitcoin is easy... What is difficult is to consistently buy bitcoin regularly, if you feel bored when the market does not increase you might sell it ... Therefore, plan your investment carefully.

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