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Author Topic: Bitcoin the coin every one should invest in  (Read 1148 times)
Accardo
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December 01, 2024, 02:32:13 AM
 #61

Yes, because the price would be averaged due to investing each month at the same time.
But I would say it's the right time to invest because the correction is underway and then there would be the continuation of the bullish sentiment, afterward - it would stop probably, and then - we would see about that.
If he was waiting for the right time to buy seeing the price correction that was happening a few days ago, like something that might go below that, then he should be a little too late as he will buy from a price above that level.

Bitcoin has recovered back to a certain level of $97,400 as of the time of this comment and has reached a 24-hour high of $98,609, which more of such a positive market is on the way.

Bitcoin has probably stayed ahead of 90k for a while, and it seems the price won't fall easily, except something strange happens to the market. Buying now could be a better choice regarding the fact that Bitcoin will surpass this price someday. Despite the speculation of what the bear market would bring in, snatching Bitcoin at this period would demand consistent hodling of the coin.

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December 01, 2024, 04:18:08 AM
 #62

Of course, the price increase after the previous decline has more or less led to an increase in trust and increased interest in investing in BTC, which was proven after the election process was over.

For the current decline or correction, I think it is reasonable and it won't be long before BTC rises strongly again and the 100K figure will be more real before our eyes.
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December 01, 2024, 11:13:13 PM
 #63

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 on track to hit the 100k milestone today as part of what Donald Trump promised about Bitcoin before his election came to fruition. However, one should not make a hasty decision to invest in Bitcoin because if one does not have proper knowledge about Bitcoin, it will not be very easy for him to invest in Bitcoin. Before investing he must know about the various risks involved in investment and invest fully prepared to bear his own risk. Right now Bitcoin may be making profits as it is in an uptrend but when Bitcoin goes into a bear market there will be losses instead of profits. An investor is mentally prepared for losses just as he prepares for profits.
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December 01, 2024, 11:38:19 PM
 #64

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
Well from your explanation it seems you are presuming bitcoin price chart of last 2 to 3 weeks but however bitcoin has been hovering around the benchmark $94k $95k to $97k but however $100k is surely achievable. The hype of Trump has really captivated alot of investors Leeding them to invest massively in bitcoin pushing bitcoin bull so rapidly and we are all happy about that and more and more investors will still troope in. Emediately Trump start executing his plans of bitcoin reserve asset as gold, more people will still be triggered to invest in bitcoin. Surely $100k will be quickly achievable.

Bitcoin has really come along way though, and it is the major focus of investment right now because everyone is talking about it. And I believe this sudden price increase will leed more matured minded people to invest.

R


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December 03, 2024, 07:41:45 PM
 #65

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
Everyone wants to invest, but not everyone can succeed by investing. There are some rules and regulations of investment and security issues, and one should not invest without being aware of those rules and regulations. There are many people who become very attracted to investment after hearing about Bitcoin. I want to tell those who become attracted to investment after hearing about Bitcoin, none of you should jump into investment without gaining complete understanding or experience about Bitcoin and investment. If you invest, you will have to have the ability to hold it and you will need a safe wallet to hold it. If you can hold it for a long time and provide security to the wallet, then your investment will be successful.
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December 03, 2024, 08:03:04 PM
 #66

Bitcoin has probably stayed ahead of 90k for a while, and it seems the price won't fall easily, except something strange happens to the market. Buying now could be a better choice regarding the fact that Bitcoin will surpass this price someday. Despite the speculation of what the bear market would bring in, snatching Bitcoin at this period would demand consistent hodling of the coin.
It's really taking bitcoin time to cross above this $90k level, and it's also showing strong resistance not to fall below that price. The month of December is just getting started; let's watch and see what it has to offer us.
 
For the main time, anyone who has plans to buy and hold now should be considered as one of the best times. We can't predict which level it will run to the moment it's able to break through this $90k level; maybe we will climb to the $100s and reside there.

 
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williambrown
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December 04, 2024, 03:48:27 AM
 #67

Now is an excellent time to consider Bitcoin investment, with its price surging and a crypto-friendly leader promising a supportive environment. Bitcoin's maturity makes it a strong choice for investors.






Delightwilliams128
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December 04, 2024, 10:59:52 PM
 #68

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
Good to hear all this about Bitcoin please sir am new here so I want to know more about the Crypto currency
And how I can start investing.
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December 04, 2024, 11:49:27 PM
 #69

It's not yet even a month but look at the price when OP posted this and compare it to the price now. That's something amazing that we have to realize how far Bitcoin can do in less than a month of timeframe.

And that is true that with the upcoming sitting of Trump into presidency soon. There could be more to the market.

Bitcoin has really come a long way and is now matured enough for everyone to invest
More convenient to invest now and no more people trying to make fun of us whenever we talk about Bitcoin in the public.
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