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Author Topic: How often do you buy bitcoins at this time?  (Read 3311 times)

Offline Charles-Tim

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Re: How often do you buy bitcoins at this time?
« Reply #45 on: January 24, 2024, 08:49:42 AM »
I do not buy bitcoin for now. I even sold some and waiting for some weeks to halving, like two weeks to halving before I will accumulate more. I do not know if the market would be more bearish this time or not, so I just wait and looking at what would happen. Some weeks like 2 or 3 weeks to halving would be a better time to accumulate more bitcoin.

We all have different strategies and approach. Some people will still continue to DCA which is a very good idea.
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Re: How often do you buy bitcoins at this time?
« Reply #45 on: January 24, 2024, 08:49:42 AM »

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Offline Azharul

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Re: How often do you buy bitcoins at this time?
« Reply #46 on: January 24, 2024, 01:18:00 PM »
I already bought bitcoin in this moment, because we can see that bitcoin price reach in lower lebel in this time. So i believe that it’s the best time for invest bitcoin. I also use DCA method for invest bitcoin, because it’s the best way for investment. It also more profitable for any investors or holder. I also expect that it’s the best strategic and approach for any investors. So we should be careful and prepared until bull market.
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Re: How often do you buy bitcoins at this time?
« Reply #47 on: January 24, 2024, 02:22:04 PM »
I already bought bitcoin in this moment, because we can see that bitcoin price reach in lower lebel in this time. So i believe that it’s the best time for invest bitcoin. I also use DCA method for invest bitcoin, because it’s the best way for investment. It also more profitable for any investors or holder. I also expect that it’s the best strategic and approach for any investors. So we should be careful and prepared until bull market.
The current moment is indeed very good to buy as much Bitcoin as you can because so far the price has collapsed again and provides a very good opportunity for whales to buy again before the Halving approaches. Using the DCA method is not always accurate, Bitcoin price movements are very difficult to predict and of course this is very high risk. What is important for me when trading is being able to control my emotions so that I am not easily influenced by market conditions which might collapse when there is bad news circulating.

Offline Aanuoluwatofunmi

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Re: How often do you buy bitcoins at this time?
« Reply #48 on: January 24, 2024, 03:42:59 PM »
As at this present moment, I don't expect someone to be on a rush in buying bitcoin except they are putting into consideration with the use of DCA, hence we should wait and see the way the market is going to land before making our investment, as of the recent performance, we have been having a little dip but a resistance has always been raised against $38,000 to maintain it range between $40,000 and above.

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Re: How often do you buy bitcoins at this time?
« Reply #49 on: January 24, 2024, 04:19:06 PM »
It cant be said that I buy Bitcoin frequently, do it on purpose or have set some kind of an auto buy in my wallet. But I can say that all the crypto I receive from retrodrops, competitions, bonuses, stacking and etc, I immediately convert in BTC and wait. I would call it whenever it is possible, I increase the amount of BTC I hold. Why I do? Because I have move believe in it than into altcoins. How often I do it? When I have totally free funds. Why I dont buy crypto with fiat? Because I think I have bought enough and now it is holding time.
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Offline DaNNy001

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Re: How often do you buy bitcoins at this time?
« Reply #50 on: January 24, 2024, 05:30:52 PM »
How often do you buy and how long do you plan to hold bitcoins?

Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?

How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
For me, I think all the questions asked have been answered by you. DCA strategy is obviously the best strategy and that's what I have been using and I believe almost all if not half of the fraction of persons in the crypto market is also on use of this method. For the actual time to sell my coins, I think selling when the bull run arrives although it's always tricky to actually know the exact time to sell off coins but for me I know I will definitely sell off during the peak of the bull run and then wait for the bear season that comes after the bull to come so I can start HODLing again.

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Re: How often do you buy bitcoins at this time?
« Reply #51 on: January 24, 2024, 05:38:49 PM »
How often do you buy and how long do you plan to hold bitcoins?
I personally don't buy Bitcoin, signature campaign helps me get it through investing my precious time and effort. Duration of hodling might depend on how strong my hand is. 😅 But for now I will just keep it and maybe until 2025 if another ATH will come I think reaping the profit is the best thing to do. It is actually too early to speculate.

Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
Absolutely! And weekly Bitcoin rewards from signature campaigns may serve as DCA. Yes DCA is profitable and safe.

How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
This depends on how much I can accumulate Bitcoins from sigs until bull run comes. Yes and this is my own way of preparing as stated on my first answer above maybe 2025 as it seems the next bull run will probably happen.

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Re: How often do you buy bitcoins at this time?
« Reply #51 on: January 24, 2024, 05:38:49 PM »


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Re: How often do you buy bitcoins at this time?
« Reply #52 on: January 24, 2024, 09:29:17 PM »
How often do you buy and how long do you plan to hold bitcoins?
I personally don't buy Bitcoin, signature campaign helps me get it through investing my precious time and effort. Duration of hodling might depend on how strong my hand is. 😅 But for now I will just keep it and maybe until 2025 if another ATH will come I think reaping the profit is the best thing to do. It is actually too early to speculate.
Unfortunately, not everyone has a method like yours. Many out there don't know about campaigns like this that can produce Bitcoin without having to buy it, so currently,
 
People prefer to have Bitcoin instantly by buying it on an exchange. I think this is the right way because, logically, when everyone relies on a campaign to get Bitcoin, no one wants to buy it, and that means Bitcoin will not have a high selling value because interest is reduced, whereas when someone buys Bitcoin on an exchange, it will provide a higher exchange value. getting higher every year.

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Re: How often do you buy bitcoins at this time?
« Reply #53 on: January 24, 2024, 11:53:22 PM »
How often do you buy and how long do you plan to hold bitcoins?
I don't really buy Bitcoin constantly, I just buy Bitcoin whenever I have funds. Sometimes, I only buy Bitcoin 1-2 times a month, I'm waiting for the best time to buy Bitcoin. The current dump seems a good time to buy Bitcoin, it even dropped to $38k. I think it is a good rate to collect more Bitcoin. I predict that the Bitcoin price won't go lower than $38k, it will raise again above $40k very soon.

I will hold until Q1 or Q2 of 2025, I guess it will be the time of the peak of Bitcoin price.

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Re: How often do you buy bitcoins at this time?
« Reply #54 on: January 25, 2024, 12:12:52 AM »
I guess this also the right time to keep your investing on bitcoin going. By using DCA strategies to accumulate more because we go to buy the dip, if it dip again I will still buy till the upcoming bullish run. Then you see the profit you will accumulate that time after using the DCA method.
All you got to do just keep on accumulating more BTC and hodl.

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Offline NikeFit_7777

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Re: How often do you buy bitcoins at this time?
« Reply #55 on: January 25, 2024, 09:32:56 AM »
As at this present moment, I don't expect someone to be on a rush in buying bitcoin except they are putting into consideration with the use of DCA, hence we should wait and see the way the market is going to land before making our investment, as of the recent performance, we have been having a little dip but a resistance has always been raised against $38,000 to maintain it range between $40,000 and above.
That's right, I'm in no hurry. Let the price better correct by -20%-35% - then I can consider buying. Don't forget that the market is cyclical. Are you strictly following the DCA strategy? Do you buy every week/month at x-time? Better time to dial position When there will be panic in the market. And everyone will be afraid to buy crypto assets.

P.S. Interesting stats about bitcoin wallets (mostly owned by exchanges).

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Offline Cryptsafe

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Re: How often do you buy bitcoins at this time?
« Reply #56 on: January 26, 2024, 03:05:14 PM »
These days people trade on bitcoin to make income or profit so buying Bitcoin depends on the market conditions and it is most favorable when the Bitcoin market is very low to start with because buying low would definitely give you profit when you sell high. So in that case, many people tend to buy in line with the market trend to make much profit. With the much speculation and anticipation in increase in Bitcoin price, people are currently purchasing more Bitcoin to hold unto so they could realise more profit from their sales when due. As for me, I am hodling for a long term after gradually accumulating my Bitcoin through purchase and earnings.
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Re: How often do you buy bitcoins at this time?
« Reply #57 on: January 26, 2024, 04:31:17 PM »
I guess this also the right time to keep your investing on bitcoin going. By using DCA strategies to accumulate more because we go to buy the dip, if it dip again I will still buy till the upcoming bullish run. Then you see the profit you will accumulate that time after using the DCA method.
All you got to do just keep on accumulating more BTC and hodl.
This is what I am actually doing right now though I am not buying my Bitcoins because I got it on signature campaigns on different forums that pays Bitcoin on a weekly basis but still I will keep on holding it. Perfect DCA right?

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Re: How often do you buy bitcoins at this time?
« Reply #58 on: January 26, 2024, 05:26:14 PM »
I personally don't buy Bitcoin, signature campaign helps me get it through investing my precious time and effort. Duration of hodling might depend on how strong my hand is. 😅 But for now I will just keep it and maybe until 2025 if another ATH will come I think reaping the profit is the best thing to do. It is actually too early to speculate.
Not bad ideas with your income from signature campaign hold it for long term and likely the same way with your accumulate bitcoin in weekly, but seems small fund based on your current active signature campaign and you have looking for other side income and use to purchase bitcoin in weekly or you can buy bitcoin in monthly. Its not problem with how long have to hold bitcoin assets depend with your typical diamond hand or not, for me if not any urgency needed will hold and keep save my bitcoin for long term investment assets.
Do you have ideas for selling after halving? or keep waiting until 2025 for selling all your bitcoin investment with possibility price of bitcoin above $60k keep sell it.

Offline Hamza2424

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Re: How often do you buy bitcoins at this time?
« Reply #59 on: January 26, 2024, 09:59:39 PM »
How often do you buy and how long do you plan to hold bitcoins?

Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?

How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
I don't buy BTC, I never invested my personal money in BTC, I only earned BTC till now. As you know we got payments in BTC and I spend some part of it on my needs and the remaining part is used to hold, as it is already in BTC form so no need to convert. I just hold onto the BTC. The amount I hold in BTC is weekly based, so you can say I am doing DCA. But the amount is not fixed for this.

I sometimes use more BTC for personal needs and sometimes I don't even touch them. If I have to calculate the average I will say I use 2 weeks payment and use 2 weeks payment as investment in BTC. DCA is the most profitable method if you are planning to hold for long period of time. I might sell some part of my holding when BTC will make ATH of this year, more than $48k maybe and then I will take entry again. But I am not quite sure about market. I will definitely wait for bull run.
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