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Author Topic: wanna invest in Bitcoin, the best time is now  (Read 6315 times)

Offline yhiaali3

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Re: wanna invest in Bitcoin, the best time is now
« Reply #15 on: December 15, 2023, 09:10:53 PM »
It is not the best time to buy Bitcoin, but it is still good. The best time was a while ago when the price was in the twenties, but of course the opportunity is still good so far.

If the expectations that Bitcoin will reach 100K$ are correct, then the opportunity is certainly still very good.

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Re: wanna invest in Bitcoin, the best time is now
« Reply #15 on: December 15, 2023, 09:10:53 PM »

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Offline ultrloa

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Re: wanna invest in Bitcoin, the best time is now
« Reply #16 on: December 15, 2023, 11:12:45 PM »
It is not the best time to buy Bitcoin, but it is still good. The best time was a while ago when the price was in the twenties, but of course the opportunity is still good so far.

If the expectations that Bitcoin will reach 100K$ are correct, then the opportunity is certainly still very good.

Maybe not for people still doubting since you really need to analyze the current condition since if market still in bullish condition then maybe this is not the best time to enter. But you could able to watch how trend goes since if you see price declining then this is the perfect time when we execute our orders since chances for recovery is high then with that we can earn from its pump happened.

Offline DabsPoorVersion

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Re: wanna invest in Bitcoin, the best time is now
« Reply #17 on: December 16, 2023, 09:16:44 AM »
Don't you think this is the best time to buy Bitcoin? Many have witnessed the recent bull run that propelled Bitcoin's price to an impressive 45k-44k range, a surge not seen in months. Despite the current dip, with prices settling around 41k-40k, I believe this moment presents an excellent opportunity to take action. If you're contemplating investing in Bitcoin, now is the time. Don't wait for a dip seize the chance, as next year could usher in more bullish movements.

In the volatile world of Bitcoin, timing is crucial. With Bitcoin's recent surge and subsequent dip, now presents a compelling opportunity to enter the market. Waiting might mean missing out on potential gains, especially considering the likelihood of more bullish movements in the coming year 2024. The time to invest in Bitcoin is now you should seize the moment. ;D
Many people might have suggested that this is not the best time to invest in Bitcoin, however, if you are planning for long-term holding, what you can do is to do DCA if you truly don't know when to start investing. Regularly buy Bitcoin instead of thinking about when will be the right time to invest, instead, invest a small amount of money you have, then do it again by next week or next month.

Timing is really important, no one can tell you the right time for you or anyone to invest. But by doing DCA, you can have the chance to purchase at any amount, in the long run, this can still be profitable.
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Offline hugeblack

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Re: wanna invest in Bitcoin, the best time is now
« Reply #18 on: December 16, 2023, 02:03:55 PM »

Timing is really important, no one can tell you the right time for you or anyone to invest. But by doing DCA, you can have the chance to purchase at any amount, in the long run, this can still be profitable.
DCA is a good strategy for those who want to invest in the long term without thinking deeply, but it is not the best, as you can get higher profits than other trading strategies. For example, if you have $1,000, instead of buying $100 every month for the coming months, it is better to buy Now for the full amount, as the possibility of it increasing will be possible at a rate higher than DCA.
In short, you should not be restricted to one strategy, and if you do not know what you are doing, DCA is suitable, although there are simpler and more profitable strategies than them.
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Offline Gm Jutt

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Re: wanna invest in Bitcoin, the best time is now
« Reply #19 on: December 16, 2023, 04:39:24 PM »

Timing is really important, no one can tell you the right time for you or anyone to invest. But by doing DCA, you can have the chance to purchase at any amount, in the long run, this can still be profitable.
DCA is a good strategy for those who want to invest in the long term without thinking deeply, but it is not the best, as you can get higher profits than other trading strategies. For example, if you have $1,000, instead of buying $100 every month for the coming months, it is better to buy Now for the full amount, as the possibility of it increasing will be possible at a rate higher than DCA.
In short, you should not be restricted to one strategy, and if you do not know what you are doing, DCA is suitable, although there are simpler and more profitable strategies than them.
Dollarcost averaging (DCA) is a popular strategy for long term investors who want to reduce the impact of market changes. It involves investing a fixed amount of money regularly..  no matter how much the asset costs. DCA can help you make smart decisions.... and lower the risk of bad timing... but it might not always give you the most profit compared to other strategies.
In your example... if you invest the full $1000 right away instead of spreading it out over time... you could make more money if the asset price goes up a lot. This is called lump sum investing. But be careful... because if you buy when the price is high and it drops later... you could lose money.

The best investment strategy depends on how much risk you are comfortable with,... your goals..., and what you think will happen in the market. It is a good idea to have a diverse investment portfolio... and consider different strategies that match what you want to achieve financially. Talking to a financial advisor... or doing research can help you make good choices.... and pick the strategy that is right for you.

Offline therozaq

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Re: wanna invest in Bitcoin, the best time is now
« Reply #20 on: December 16, 2023, 11:27:47 PM »
The best time to invest in Bitcoin should be in 2022, the price of Bitcoin was below $30k. Now, the price of Bitcoin is already above $40k, it is already a bit expensive than the price 1 year ago. However, it is not too late, the current price still makes sense for entry (buying) before the upcoming bullish season. Some speculators said that the price of Bitcoin will pass $45k soon in the end of this year.

So, for the people who still don't buy Bitcoin yet, it is the time to buy Bitcoin. The price of Bitcoin probably increase more in the early of next year because the Bitcoin halving is almost reached. If there are some funds to collect Bitcoin, $41k-$42k isn't too bad price for buying Bitcoin. It will multiply after Bitcoin halving, probably it will be $50k soon.

I agree with your opinion, we should buy and bitcoin in 2022 when bitcoin price still on 30K.
at the end of this year, we all know bitcoin price touch 40K, it's worth if we buy more and invest it.
Better to wait , I think we will see the dump at the next year. But dump and will pump again , So we should always monitor the crypto currency market.
Always keep your eyes there.
Maybe at February the next year we will see the correction of bitcoin.
I personally prefer buy several coins, to minimalist my loss.
And do trading to earn profit.
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Offline Master107

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Re: wanna invest in Bitcoin, the best time is now
« Reply #21 on: December 17, 2023, 02:12:16 AM »
Indeed.! If we believe next year is bull run or moon time then now is the right time to buy Bitcoin to join the believers of Bitcoin could hit 100k next bull run. Being careful and risk taker is a must to endure this volatile investment world. If the mind, heart, pocket is not ready., the investment would end up in lose. Being prepared and calculate the possibilities will help us to anticipate some of negativities for investment sake.

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Re: wanna invest in Bitcoin, the best time is now
« Reply #21 on: December 17, 2023, 02:12:16 AM »


Offline owlest

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Re: wanna invest in Bitcoin, the best time is now
« Reply #22 on: December 17, 2023, 09:55:51 AM »
Indeed.! If we believe next year is bull run or moon time then now is the right time to buy Bitcoin to join the believers of Bitcoin could hit 100k next bull run. Being careful and risk taker is a must to endure this volatile investment world. If the mind, heart, pocket is not ready., the investment would end up in lose. Being prepared and calculate the possibilities will help us to anticipate some of negativities for investment sake.
There are two scenarios to consider in this situation. Firstly, if you plan to store for the long term until the bullrun, it is better to buy now while you have the opportunity. Secondly, if you do not have enough money to buy, it is better to wait. Many predict a fall in the spring or summer, which would be the best time to buy. However, it is impossible to predict which scenario will unfold.   
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Offline tranthidung

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Re: wanna invest in Bitcoin, the best time is now
« Reply #23 on: December 17, 2023, 01:55:00 PM »
But now the problem is that when they use the DCA method through their exchange platform it will be very heavy when the withdrawal fee is expensive especially now that the bitcoin transaction fee has touched 289 sat / vB ($17.30).
DCA with small capital will require to leave bitcoin on a centralized exchange until a time total DCA value is big enough for a withdrawal from the centralized exchange to a non custodial wallet.

Some websites to learn about DCA and estimate DCA investment plan.

Quote
What worries small investors with weekly DCA is when they store too long on the exchange, while moving assets to a non-custody wallet is very heavy in terms of withdrawal fees, so find your alternative way to adjust your needs, unless you DCA once a month and charge a month instead of weekly.
Leaving bitcoin on centralized exchanges is not a recommended method. Lessons in 2022 is Terra, FTX, Celcius, Three Arrows Capital, Voyager, BlockFi and more.

Check withdrawal fees
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Re: wanna invest in Bitcoin, the best time is now
« Reply #24 on: December 17, 2023, 02:43:26 PM »
In your example... if you invest the full $1000 right away instead of spreading it out over time... you could make more money if the asset price goes up a lot. This is called lump sum investing. But be careful... because if you buy when the price is high and it drops later... you could lose money.

In the current conditions, the expected average price of Bitcoin for the next two years is $70,000. Therefore, at the present time, there are strategies that are easier and more profitable than Dollarcost Averaging (DCA) and with less risk, but this does not apply to the coming years, so instead of relying on one strategy, diversify between strategies based on the market situation.
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Offline DabsPoorVersion

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Re: wanna invest in Bitcoin, the best time is now
« Reply #25 on: December 17, 2023, 04:21:35 PM »

Timing is really important, no one can tell you the right time for you or anyone to invest. But by doing DCA, you can have the chance to purchase at any amount, in the long run, this can still be profitable.
DCA is a good strategy for those who want to invest in the long term without thinking deeply, but it is not the best, as you can get higher profits than other trading strategies. For example, if you have $1,000, instead of buying $100 every month for the coming months, it is better to buy Now for the full amount, as the possibility of it increasing will be possible at a rate higher than DCA.
In short, you should not be restricted to one strategy, and if you do not know what you are doing, DCA is suitable, although there are simpler and more profitable strategies than them.
But if we are looking on the other side, the possible dump will happen, and your invested money in Bitcoin will be affected. Most investors have an agitating feeling during this time, possibility for them to sell is high as they are aiming to invest at a lower price of Bitcoin. Compared to investing using DCA, investors will still have enough money to make another purchase without worrying about their first investment. I know DCA is not the best, every experienced investor has their strategy or a way to invest money, but for newbies, this fits best.
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Offline Fivestar4everMVP

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Re: wanna invest in Bitcoin, the best time is now
« Reply #26 on: December 17, 2023, 05:02:47 PM »
I usually say that the best time to invest in bitcoin was yesterday, not like the actual yesterday like the day before today, but yesterday like long time ago. But then again, I also never fail to say that we still have the chance today still to invest, and that waiting to invest tomorrow might be risky since we never can tell what tomorrow holds.

I witnessed the 2017/2018 bull run and didn't benefit from it much, why, because I was waiting for price to come down before I buy, this was the first bull run I was experiencing so I have not had any understanding of how it works, price of bitcoin kept going up and at a point, it seemed my wait was becoming endless, and that I was missing out already, I fomoed in and bought at the top of the price as the bull run was already at its pick, I just watched my investment pull in a little profit while the price of bitcoin still went up a little, and the next thing is that, every thing started crashing down, at the end, I sold my bitcoin at a good loss.

The same thing happened to me with some major coins in the last 2020/2021 bull run, and to avoid such from happening, best time to take positions is now.
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Offline Thyplaymaker

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Re: wanna invest in Bitcoin, the best time is now
« Reply #27 on: December 18, 2023, 03:18:41 PM »
It is not the best time to buy Bitcoin, but it is still good. The best time was a while ago when the price was in the twenties, but of course the opportunity is still good so far.

If the expectations that Bitcoin will reach 100K$ are correct, then the opportunity is certainly still very good.
Yeah I will same thing too but there's still time to partake in the bullish in Bitcoin, so you can still invest and hold we expecting Btc to beat its ATH after the halving.

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Online SamReomo

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Re: wanna invest in Bitcoin, the best time is now
« Reply #28 on: December 18, 2023, 06:00:19 PM »
so you can still invest and hold we expecting Btc to beat its ATH after the halving.
That's right an investor can still invest in Bitcoin and he/she can earn potential returns within 2 years. The ATH won't reach just after the halving event but yeah in October to December 2024 we may see Bitcoin at a good price value.

Bitcoin may reach its next ATH in October to December 2025 and I'm pretty sure that during that time people will miss the current price of Bitcoin. It's better to start investing in Bitcoin now because Bitcoin can go to $50k or above anytime and if it reaches that value then people won't find it again at its current value.
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    Quick Poster Karma Good Search
Re: wanna invest in Bitcoin, the best time is now
« Reply #29 on: December 19, 2023, 07:37:36 PM »
There are a few things that everyone should know before investing in Bitcoin. That is a certain way of earning. You can invest only when you have a fixed source of income. Bitcoin investment will always be the best. Any time bitcoin investment can bring good results. But for that it is more important that you have a certain source of income and patience. Because if you invest all your money here and it may be in your time of need when the market is going down then you may lose from here. For which it is important to think before investing in Bitcoin.

 

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