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Alone055
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November 26, 2024, 02:24:17 PM
 #21

Yeah, the ones who, for some reason, didn't buy Bitcoin when it was around $30k for more than 6 months will not buy because they have seen the growth and the potential it has. Some people will always be late at a party. Those who have known about Bitcoin earlier and didn't buy because of whatever doubts they had must be hitting their heads on the wall in regret for not investing earlier because they could literally get more than 2x returns already.

There is one more thing that I want to talk about. It's true that Trump has made a lot of promises and he has been trying to be pro-crypto before the elections, we do expect a lot from him because of the promises he made, but we shouldn't forget that he is a politician after all. We should know that politicians often say a lot of things that they don't do later when they are already in charge, and I hope he doesn't do that.

Also, we need to understand that Bitcoin is a global thing, and United States stance and actions alone won't be enough for it to constantly keep growing even though it will have some impact.
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November 26, 2024, 02:56:19 PM
 #22

With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k  allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest
The best time to buy? Well, that’s a phrase often thrown around by people without much experience here. Sure, we know there’s no perfect time to invest, but buying cheap is still the best strategy.

No one can predict exactly what will happen next, but it’s fair to expect a correction after a big pump. So, how can anyone guarantee a profit to those who buy in? The truth is, OP, there are no guarantees—and definitely, you can be blamed if prices drop in the coming days because they follow you. Let’s not rely on Trump’s win or any single event as a reason for prices to keep going up, because eventually, prices will dip just like before. So, I’d say don’t call this the perfect time to buy—wait for a price drop instead.

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November 26, 2024, 03:06:07 PM
 #23

Are we even looking at the same charts? From what I see, Bitcoin’s been bouncing between $96K and $99K lately. So I’m really curious where that price you’re mentioning is coming from. In the past week, it hasn’t dipped below $90K, not even once.

Kindly check the price history.
https://www.investing.com/crypto/bitcoin/historical-data

You are right, currently, the price of Bitcoin has not reduced to 80k, The price Bitcoin is still from 90k upward and my observation Bitcoin price is going to reach 100k before entering 2025, although Bitcoin is unpredicted, from the look of things you will know that the price is going to enter 100k, the current movement of Bitcoin has dragged many people attention even those who don't believe in Bitcoin have started believing and also having an interest in investing in it.

It is good to invest in Bitcoin but we should always remember that it is an unpredicted investment, it is not that kind of investment that we think that the price is rising and will keep rising at any time, the price might even reduce to the extent that you will start thinking negatively about Bitcoin, Bitcoin is for those who know what Bitcoin means and it will be good if those who the price of Bitcoin drag their attention went to go and know more about Bitcoin.

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November 26, 2024, 03:15:21 PM
 #24

With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k  allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest
The best time to buy? Well, that’s a phrase often thrown around by people without much experience here. Sure, we know there’s no perfect time to invest, but buying cheap is still the best strategy.

No one can predict exactly what will happen next, but it’s fair to expect a correction after a big pump. So, how can anyone guarantee a profit to those who buy in? The truth is, OP, there are no guarantees—and definitely, you can be blamed if prices drop in the coming days because they follow you. Let’s not rely on Trump’s win or any single event as a reason for prices to keep going up, because eventually, prices will dip just like before. So, I’d say don’t call this the perfect time to buy—wait for a price drop instead.

In that case, the best price that would be is the one which would be the average price over the ones that fluctuate up and down..
Which would be the price via the DCA method if applied properly.

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November 26, 2024, 03:19:58 PM
 #25

With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k  allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest
Because others are investing is not enough reason to just invest, because a new crypto-friendly person is entering the US presidential seat does not also mean we should persuade others to invest in Bitcoin. 
 
Everyone should make their own research and be able to decide when it's the best time for them to invest in Bitcoin; currently, the market is suffering from a correction from the recent pump that just happened, which took it to $96k. Imagine someone rushing into investing in Bitcoin without proper knowledge, and this is happening in the market; won't they start panicking? 
 
Bitcoin is the best coin to invest in; that should be based on individual decisions out of their own research, and the best time to invest in it should also be decided by the investor.

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November 26, 2024, 03:24:24 PM
 #26

With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k  allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest
You must noted bitcoin is a top and first crypto coin and many countries are accept Bitcoin as a legal coin. and now elon musk and Donald Trump pushing bitcoin that's why Bitcoin price now just pumping. and bitcoin price hit $99,588 for first time and btc price will reach 100k it is sure. but at this time it is very risky to invest in Bitcoin because bitcoin price correction time is very near so then price will dump more and more and that's why i am waiting for that


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November 26, 2024, 03:34:20 PM
 #27

Are we even looking at the same charts? From what I see, Bitcoin’s been bouncing between $96K and $99K lately. So I’m really curious where that price you’re mentioning is coming from. In the past week, it hasn’t dipped below $90K, not even once.

Kindly check the price history.
https://www.investing.com/crypto/bitcoin/historical-data

You are right, currently, the price of Bitcoin has not reduced to 80k, The price Bitcoin is still from 90k upward and my observation Bitcoin price is going to reach 100k before entering 2025, although Bitcoin is unpredicted, from the look of things you will know that the price is going to enter 100k, the current movement of Bitcoin has dragged many people attention even those who don't believe in Bitcoin have started believing and also having an interest in investing in it.

It is good to invest in Bitcoin but we should always remember that it is an unpredicted investment, it is not that kind of investment that we think that the price is rising and will keep rising at any time, the price might even reduce to the extent that you will start thinking negatively about Bitcoin, Bitcoin is for those who know what Bitcoin means and it will be good if those who the price of Bitcoin drag their attention went to go and know more about Bitcoin.

Given how volatile the market is right now, your mind will undoubtedly tell you that bitcoin will reach 100k by the end of next year. Some individuals have begun to regret not investing readily when the price was low, below 50k now that the price is 90k or more, if you invested when the price was 50k oyou should have made a large profit if you had invested at a higher price. Anyway, everyone who has not yet invested in bitcoin is not too late because it is volatile and no one knows what amount he will reach before decreasing, therefore any time is a good time to buy in bitcoin.

Op, you are completely correct. Bitcoin is the finest cryptocurrency to invest in since it is a powerful and reliable coin that you will undoubtedly achieve something from it if you are patient enough and invest in it for a long period. We are simply projecting that bitcoin will hit 100k before the end of the year, but no one knows what will happen in the next month, whether the price will fall to 70k or rise to 100k or more. We'll simply have to wait and see how he does, but everyone needs the coin to increase in value because everyone needs the profit from their investment.

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November 26, 2024, 03:47:13 PM
 #28

but at this time it is very risky to invest in Bitcoin because bitcoin price correction time is very near so then price will dump more and more and that's why i am waiting for that
Bitcoin has already gone through a correction and now it's value is below $94k, it dipped all the way down to $92k and recovered a little now, and is moving up in value.

But, who knows if it faces another correction. We aren't sure what future holds for us, but personally I wouldn't invest in Bitcoin at its current value.

 
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November 26, 2024, 03:49:58 PM
 #29

Alts still offer some utility like low tx fees and fast transactions but investment-wise bitcoin is still the king. I would say a portfolio with 80% in bitcoin and 20% in alts is a nice balanced portfolio. Even if your 20% in alts go to zero, you'll still have your 80% in btc which will generate lots of profits and offset the loss you'll take from the alts. If you choose the right alts though, you'll multiply your profits tremendously. Of course you can always go full btc but that's kind of a boring strategy. Is it safe? Yeah. Will you make money? Yeah but we all have a little gambler kid inside us who wants to bet on different stuff. Gotta feed that kid sometimes or he'll die.

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November 26, 2024, 04:02:43 PM
 #30

BTC has utility, with its fixed supply, increasing demand and real life usage, it is always going to have value. However, there are so many altcoins, but only very few have any utility, most of them simply just pump and they dump, so you are not completely wrong in what you are saying about investing in only BTC. Though some people still find utility in altcoins, i.e. when BTC tx fee is high, people move to use altcoins that have low fees.

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November 26, 2024, 04:12:18 PM
 #31

With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k  allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest
For the long run like for the next 10 years, the current time is good, but for the short term like even for cycle to cycle I don't think we should invest in BTC in the price range of $85k to $88k and speaking of these ranges, BTC on 24th Nov was not in these ranges instead you can say it was above $95k to $98k.

BTC is overbought at the moment and a healthy correction is on the way and we all can expect that the December month will be bullish too but not that bullish means we will see some downtrend in it my prediction for BTC is it will set it's resistance at $88k for now NFA so DYOR.

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November 26, 2024, 05:25:43 PM
 #32

With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k  allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest
For the long run like for the next 10 years, the current time is good, but for the short term like even for cycle to cycle I don't think we should invest in BTC in the price range of $85k to $88k and speaking of these ranges, BTC on 24th Nov was not in these ranges instead you can say it was above $95k to $98k.

BTC is overbought at the moment and a healthy correction is on the way and we all can expect that the December month will be bullish too but not that bullish means we will see some downtrend in it my prediction for BTC is it will set it's resistance at $88k for now NFA so DYOR.

Yeah, correction, and a big one at that, would be obvious.
It already happened on a smaller scale in fact in my opinion, getting those longs with leverage off the grid.
Now the question would be how much the BTC dom factor would fall off from that.

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November 27, 2024, 01:36:11 AM
 #33

The right time is now, yeah, because what choice do you have? It should have been when it was first introduced to you, but you dismissed it. It should have been 2, 3, 5 year ago, but you waited for a much cheaper price that didn't come. So, the perfect time is now. It has matured, come a long way, become more or less mainstream, and, well, become a thousand times more expensive.

But perhaps each of us has his/her own perfect time to buy Bitcoin. And we deserve it.

I think now a lot of people fall back into old patterns because Bitcoin is going through a small correction and now everyone thinks it is the perfect time to wait and catch the dip, but then the next day FOMO could break out again because Bitcoin goes back up by $5,000.

That is why I think people should make a fundamental decision whether they Bitcoin is something or not and if their answer is yes, then make a plan and get into it. Some will be lucky getting the moment right when they wait, and some will get lucky if they don't wait. Bitcoin still has a level of volatility that makes it impossible to catch the perfect highs and lows. As was said before here somewhere: time in the market > timing the market.

The reason hodl was coined is that you can never be accurate in timing the market.

I think the plan should be to get into Bitcoin sooner rather than later. Does it really matter if you bought Bitcoin at $97,000 or $94,000? Tomorrow, the price could go to $100,000 or $92,000. In a way, waiting is simply procrastinating.

Now is always the perfect time. Hodl is the perfect strategy. And long-term is the way to go.

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November 27, 2024, 06:16:22 AM
 #34

With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k  allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest
Bitcoin is becoming popular day by day, will become more popular in future. As we all know the supply of Bitcoin is limited, which supply will never increase in the future. A few days ago it was $99500+, a few hundred dollars would have made it $100k. Once again the price of Bitcoin fell to $92k. However, investing in Bitcoin is definitely profitable for the future. Now if one wants to invest in Bitcoin then one should plan to invest in long term, because investing in Bitcoin in long term will be profitable. The price of Bitcoin was around ($100k) with many predicting that it will reach $1 million in the future, but this is a matter of time. Now if the target is that the price of Bitcoin can increase a lot in 2025, if you invest now with this target then you should not expect much profit, you should have a plan to sell if there is a small profit.

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November 27, 2024, 06:30:45 AM
 #35

Now if the target is that the price of Bitcoin can increase a lot in 2025, if you invest now with this target then you should not expect much profit, you should have a plan to sell if there is a small profit.
I bought BTC a lot earlier and i have been holding for a long time now, however if short term investors or weak hands as i usually call them, want to buy BTC now, they can still make returns next year. I know BTC has kind of exceeded what people expected for this year, so that only means that next year, at the peak of the cycle, the price can go very high, maybe $200k is even possible, so buying now is still a good idea.

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November 27, 2024, 07:09:24 AM
 #36

You are free to say that this is the right time to invest in Bitcoin. But for people who already knew about Bitcoin, they will say that the right time to invest in Bitcoin will be at a few years ago when Bitcoin price is very low.

Maybe you have consideration to invest in Bitcoin today so we can support you to buy Bitcoin and you can use DCA methods to invest constantly. Bitcoin are still young and will grow fast in the future so if you can participates in the Bitcoin investment, you will see how big your profit will grow.

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November 27, 2024, 07:12:51 AM
 #37

You are free to say that this is the right time to invest in Bitcoin. But for people who already knew about Bitcoin, they will say that the right time to invest in Bitcoin will be at a few years ago when Bitcoin price is very low.

Maybe you have consideration to invest in Bitcoin today so we can support you to buy Bitcoin and you can use DCA methods to invest constantly. Bitcoin are still young and will grow fast in the future so if you can participates in the Bitcoin investment, you will see how big your profit will grow.

I wouldn't say it would be fast, but rather when the cycles would change themselves and a bit due to the current rally behind BTC.
Totally - with BTC, the right time is any time. And I think OP should understand that.


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November 27, 2024, 07:15:02 AM
 #38

Now if the target is that the price of Bitcoin can increase a lot in 2025, if you invest now with this target then you should not expect much profit, you should have a plan to sell if there is a small profit.
I bought BTC a lot earlier and i have been holding for a long time now, however if short term investors or weak hands as i usually call them, want to buy BTC now, they can still make returns next year. I know BTC has kind of exceeded what people expected for this year, so that only means that next year, at the peak of the cycle, the price can go very high, maybe $200k is even possible, so buying now is still a good idea.

I would say it can be even a bit more, and we will reach that price as well, the question is when, not if - maybe during the next rally in approximately 4 years.
And I am happy to see that you are not one of those weak hands you mentioned - those people just don't know how BTC lives on through its cycles. If they would, they wouldn't drop off their bags.

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November 27, 2024, 07:52:49 AM
 #39

With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k  allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest
Bitcoin is no doubt the best cryptocurrency to invest in, even outside of cryptocurrency, comparing with gold and other valuable assets, Bitcoin investment still stands out. Except for investors who are into DCA method that keeps accumulating whether price is in dump or pump, bear run is the best time to enter Bitcoin investment. Clearly we're in bull run and price is still rallying, but nobody knows when we'll hit the peak, then bear run will kick in, so my point is that now is not the matured time for everyone to join the bandwagon. If you start to accumulate now and we enter early bear run, not to worry, in the next circle you'll you'll get your ROI, because Bitcoin is a store of value.

 
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November 27, 2024, 07:57:59 AM
 #40

With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k  allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest
Bitcoin is no doubt the best cryptocurrency to invest in, even outside of cryptocurrency, comparing with gold and other valuable assets, Bitcoin investment still stands out. Except for investors who are into DCA method that keeps accumulating whether price is in dump or pump, bear run is the best time to enter Bitcoin investment. Clearly we're in bull run and price is still rallying, but nobody knows when we'll hit the peak, then bear run will kick in, so my point is that now is not the matured time for everyone to join the bandwagon. If you start to accumulate now and we enter early bear run, not to worry, in the next circle you'll you'll get your ROI, because Bitcoin is a store of value.

First, there would be a correction probably, and only then, if the rally would halt for good, the bear would come clutching all longs  Cool
Of course, it's wise to invest during the bear, but you basically can't be sure when the rally will stop / the price will be corrected, so the best thing to do is to DCA or just buy via lump sum (if you are okay with not the best price at the moment) and see where it goes as the time goes on.

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