Why are its prices rising and falling? Is now the right time to invest?

[mindrust]

Keep buying weekly or monthly (that's called DCA'ing) and then you won't have to worry about the prices anymore. For example buy $100 worth of btc every week and you are good to go. That's your retirement plan.  If you don't do that, you will have to guess the bottoms and tops and you'll mess it up because 90%+ of the retail investors (to me most of them are gamblers) lose money doing that.

Have a plan that survives the worst outcome. The only way to make money in these markets, unless... unless... your name is Dr. Michael Burry  -First of his name, Lord of the Seven Markets and Shorter of the Realm.

[Obulis]

I have been wanting to invest in Bitcoin for a long time but I always have a fear about investing.

So since this forum has many experienced people about Bitcoin. Can you tell me why the price of Bitcoin increases and why the price of Bitcoin decreases?

Will it be profitable to invest in Bitcoin now?

If you have been wanting to invest that means you have the resources. You didn't even mention why the fear, I guess fear of losing your money. Well that's nothing to be afraid of since you have already decided to invest (long-term holding) because the possibility of not losing your money is high so kill that fear and just start accumulating Bitcoin. The best approach to use so that you don't worry yourself about Bitcoin volatility (increase or decrease) is DCA strategy, DCA (dollar cost averaging) is a method whereby you decide to buy Bitcoin on interval say weekly, you do this without worrying about the rise or fall of Bitcoin.
Although you have always had the best time to invest in Bitcoin but now is another best time to carry on with Bitcoin investment stop wanting to invest and start buying Bitcoin using DCA strategy, even as profitability is not guaranteed long-term holding has proven to be profitable so far.

[Awaklara]

Will it be profitable to invest in Bitcoin now?

Whether or not you succeed will depend on your ability to hold and plan your investments. Even though we’ve seen that Bitcoin can make a profit, I’ve also seen a lot of people end up losing. Not because Bitcoin is bad, but because they really don’t understand Bitcoin. 

You’ve wanted to invest in Bitcoin for a long time, but you’re afraid to start. So face your fear first, because that fear could become a problem when you start. It’s due to a lack of knowledge and not being ready with all your plans.

[barbara44]

Bitcoin price rises and falls due to various factors and this volatility is just another part of bitcoin ecosystem. It will always be like this, so you should not ever attempt to wait first for it to become stable before you invest as you can only wait forever for that and miss the opportunity. So definitely you should start investing now. For sure you are ready now because why you are here in the first place asking this question anyway?

You should not fear about the volatility but it was your friend because it lets you buy at the lows and sell at the highs. Another thing that can make you safe is the fact that BTC will always recover know matter how low it falls. Lastly, just invest money that you don't need anymore.

[Bitcoin_Arena]

So since this forum has many experienced people about Bitcoin. Can you tell me why the price of Bitcoin increases and why the price of Bitcoin decreases?

Just like any other market, the price moves up and down in the short time frame. That is more than normal. The principles of demand and supply dictate the price of the commodity.

Will it be profitable to invest in Bitcoin now?

It depends on how you look at it, but in most cases, a long-term strategy has proven to be less stressful and also profitable. Look at it in terms of years of investment. Maybe 4, 5, or 10 years.

[Umulala-alala]

I have been wanting to invest in Bitcoin for a long time but I always have a fear about investing.

So since this forum has many experienced people about Bitcoin. Can you tell me why the price of Bitcoin increases and why the price of Bitcoin decreases?

Will it be profitable to invest in Bitcoin now?

The reason why the price of BTC increase and also decrease is because bitcoin is a volatile asset it's price usually fluctuates up and down. If you start buying bitcoin now and hold it for long like 4-10 or more there is possibilities that you are going to be profitable so if you have your discretionary income available now you can get started if you use the dca strategy you can be buying BTC gradually with it you could be buying either every weeks or months depending on when you have your discretionary income, this discretionary income is an income that remains after you have settled all your important needs then any amount left is your discretionary income and you can use to to buy bitcoin.

[yixichloro2xx]

As a newbie this fear you are experiencing is normal, alot of us here has also done that too. in as simple term the Bitcoin price goes when more people buy, the economy is good etc whilst it price goes down when there big economic crises which creat fears in people minds to sell off their holdings.Things like global news, regulations, and big companies buying in all push the price around. i can't say if this price is the perfect one, best you can do is to use money you can afford to lose, whereby you will keep buying Bitcoin regardless of its price consistently for a long period of time. it mustn't be a big amount even if it is $5 or $10 or more you can afford to use , then it's okay. That way you don't miss any price opportunity.This current dip is just part of Bitcoin cycle, it will surely go up.

[Bigjoe33]

This is one of the cheapest price you might see in this circle and you have to try and build your confidence in bitcoin as a long term asset that preserve your money from inflation because it's a store of value overtime. If you have the money to buy now, it's better you buy right away but don't buy with the money that you cannot afford to lose. Take note that, bitcoin isn't a get rich quick scheme, you have to buy and hodli for long term.

Yea, the perfect time to buy Bitcoin is once you have your Discretionary income. An investor who is able to figure out his discretionary income can begin to invest in Bitcoin. Although, much knowledge is needed to understand and grow your portfolio, but we can start immediately and while we are already investing, we can somehow learn alongside our investment and gradually grow our portfolio. And while investing, you must ensure you  want to invest for the long term do it can allow it time to grow and become something tangible

[Dunamisx]

Investment opportunity always come at whenever the market falls, this is why we could make use of different strategy to accumulate our bitcoin as long as we could find a better entry to buy the dip, after doing so we can then decided to hold for long until the market is profitable before we sell in profit, so there is never a better time to buy than when we think we are ready and the market is also in the down trend as we have it already this period.

[noorman0]

Investment opportunity always come at whenever the market falls, this is why we could make use of different strategy to accumulate our bitcoin as long as we could find a better entry to buy the dip, after doing so we can then decided to hold for long until the market is profitable before we sell in profit, so there is never a better time to buy than when we think we are ready and the market is also in the down trend as we have it already this period.

But beginners see the price drops not as an opportunity, it is a big question for them "why the price dump?" which often prevents them from starting. They often get various lowest price references from short-term (at least per cycle) speculators. That's what makes them harbor doubts.

[EarnOnVictor]

So since this forum has many experienced people about Bitcoin. Can you tell me why the price of Bitcoin increases and why the price of Bitcoin decreases?

If you mean the current state of ranging, then it's normal after a huge downpour. Bitcoin is now trying to stabilise. Thankfully, there's highly likely that it will end this week with a bullish candle. This can help it have some meaningful correction over time.

Will it be profitable to invest in Bitcoin now?

If your goal is a long-term holding, then the answer is yes. Bitcoin has dropped enough to the point that you can't regret buying it, provided you can wait.

[Smack That Ace]

I have been wanting to invest in Bitcoin for a long time but I always have a fear about investing.

So since this forum has many experienced people about Bitcoin. Can you tell me why the price of Bitcoin increases and why the price of Bitcoin decreases?

Will it be profitable to invest in Bitcoin now?

Timing is important, but I believe knowledge and understanding are even more important.

Even if you are lucky enough to buy bitcoin at a low price, it will be difficult to profit from it if you do not know what Bitcoin is or understand what you are doing. Profit is largely determined by your knowledge and decision making ability, not simply by when you enter the market.

So my advice is to take the time to learn about bitcoin first. Trust me, once you truly understand it, you will know when the right time is to invest without having to rely on anyone else.