Are you buying now?

[|MINER|]

It's a good thing you invested in Bitcoin. It may be late to get profit from Bitcoin but it is sure that you will get profit.  But one thing you have to accept in this case is that you can't panic. You must be patient and hold Bitcoin. If you can wait until 2025 when Bitcoin can make new ATH of huge amount then you can expect good profit from Bitcoin. At least 2 years of holding preparation is required when investing in Bitcoin

This is true that current investment will earn profit but the possibility of earning 4x/8x profit from earlier investment is reduced. However, I also think that the time has not yet run out to make long-term investments. And looking at the current position of Bitcoin, I think it is around 30k as it was before the bull run of last season. So I think if Bitcoin goes up to 100k+ in the next bull-run then it can be also possible gain around 2x profit from current investment. But even after that, I will not ask to invest more amount at once, set a target and follow DCA method and then ask to continue investment regularly.

[Uruhara]

I have invested in bitcoins several months ago. I don't know how the bitcoin market will be in the next few months. I hope that the bitcoin market will increase several times in the next year. Along with the increase in the bitcoin market, all the coins will increase in price and the market condition will be much better.  Now just waiting for when the Bitcoin market starts to grow.

Well, now we just need to be patient to see the crypto market become enthusiastic again. And actually it is a normal thing that BTC corrections always occur after Bitcoin halving. And usually in the following year a very high increase will occur. And hopefully we can be strong until then. So that we can take maximum advantage when the time comes. Not only bitcoin but also altcoins will also have the same movement. It's just that we never know which altcoin will lead the rise the most. So diversification is needed.

[ajiz138]

Moreover, for those who apply the DCA strategy, during the DIP they will make another purchase to increase the size of their portfolio. And they can patiently hold bitcoin for a very long time.

It's true, each person has predictions and speculation about Bitcoin's movements. So they will do what they believe, including taking profits and buying again when the price experiences a slight decline like now, when Bitcoin experienced a correction to a price of 60k.

Yes only those individuals can be successful who keep checking on their emotions and continue to accumulate their desired coins during the dip so in such a way their accumulation becomes more valuable because they are taking the decision of buying when lots of people sell their coins due to fear. If someone knows about the strategy of DCA then they will take benefit of lower worth due to which holding of Bitcoin without fear will not be hard for them.

Everyone will decide according to their experiences and predictions as well as according to the value which they have targeted for selling so I think if someone has the power of knowledge then he can continue his investment through facing pumps and dumps at different levels.

So, the experiences they have had in the past will also be a consideration for the decisions they make, because that is always what we will do in the future, which must be based on our experiences in the past.

We as investors will also know what we can do when faced with a situation like this and that is our decision entirely. But we also shouldn't make decisions because of other things, such as because of encouragement from other people, for example.

[Mr. Magkaisa]

I have invested in bitcoins several months ago. I don't know how the bitcoin market will be in the next few months. I hope that the bitcoin market will increase several times in the next year. Along with the increase in the bitcoin market, all the coins will increase in price and the market condition will be much better.  Now just waiting for when the Bitcoin market starts to grow.

Well, now we just need to be patient to see the crypto market become enthusiastic again. And actually it is a normal thing that BTC corrections always occur after Bitcoin halving. And usually in the following year a very high increase will occur. And hopefully we can be strong until then. So that we can take maximum advantage when the time comes. Not only bitcoin but also altcoins will also have the same movement. It's just that we never know which altcoin will lead the rise the most. So diversification is needed.

        -   Actually, this opportunity that we have now is good to take advantage of to buy bitcoin and other top altcoins in the market, while we are still in correction at the moment. If I really had a lot of money, I would do it if I bought, because this is really a good chance to buy, as far as I know.

It is more difficult to buy when the trend is to increase the price, compared to now that it is still low and its price does not move much in the market. It's harder to chase the price when the price is going up while you're trying to buy it than now that it's not really moving at all.

[UNIVERSE]

Honestly, it's not easy to do research on new projects, because like you said it takes time and experience. Maybe if you are still learning, it will take a long time to understand the project, for those who are experts, just look at the features in the project. but each person has their own expertise and experience is always needed in research in making analysis on crypto currency.

If it seems difficult to do a research on new coins, why you don't focus on buying old coins?
In the last few days, the market is in red and many of old coins dropped their prices quite a lot. In this condition, you can buy old coins with cheap prices, mate. I also think it is not easy to do a research, that makes me to focus on collecting old coins only. I already have many bad experiences with new coins in the past. Honestly, I am not really confident to buy new altcoins anymore.

[dekafee79]

Honestly, it's not easy to do research on new projects, because like you said it takes time and experience. Maybe if you are still learning, it will take a long time to understand the project, for those who are experts, just look at the features in the project. but each person has their own expertise and experience is always needed in research in making analysis on crypto currency.

If it seems difficult to do a research on new coins, why you don't focus on buying old coins?
In the last few days, the market is in red and many of old coins dropped their prices quite a lot. In this condition, you can buy old coins with cheap prices, mate. I also think it is not easy to do a research, that makes me to focus on collecting old coins only. I already have many bad experiences with new coins in the past. Honestly, I am not really confident to buy new altcoins anymore.

Yes, I also bought some old coins this week. because the market is experiencing a correction, thanks for the advice, mate. Old coins are always a priority because their reputation and fundamentals are also good. more popular, safer funds, that's the reason why I always buy top coins, rather than having to do research to buy new coins or tokens, because new coins or tokens are riskier.

[Verica crypto]

l don't think now is the best time to invest in cryptocurrency because look at the bitcoin and how it drops a lot this past weeks.

[yohananaomi]

l don't think now is the best time to invest in cryptocurrency because look at the bitcoin and how it drops a lot this past weeks.

You misinterpreted the decline in bitcoin, so if there is a decline it is the most appropriate time to continue buying and holding it, because bitcoin will increase again in time.
Don't lose the opportunity to continue buying when it is going down miss that the 4-year period will fall in 2025 when Bitcoin will reach its latest ATH.
Of course, this opportunity cannot be missed without buying. If you are afraid to invest in Bitcoin, then you are very wrong.

[bayu7adi]

l don't think now is the best time to invest in cryptocurrency because look at the bitcoin and how it drops a lot this past weeks.

Some people are afraid because there may be an even lower bearish chart, but for some people, it is a better opportunity to enter, because the price becomes cheaper. When the price reached $70k, one still thought Bitcoin was moving at a normal price, and now at $60k, they are definitely a bargain...so do you still want to buy when bullish or when bearish?

Even though the potential profit when bouncing to buy is when it is bearish.

[pieppiep]

l don't think now is the best time to invest in cryptocurrency because look at the bitcoin and how it drops a lot this past weeks.

Some people are afraid because there may be an even lower bearish chart, but for some people, it is a better opportunity to enter, because the price becomes cheaper. When the price reached $70k, one still thought Bitcoin was moving at a normal price, and now at $60k, they are definitely a bargain...so do you still want to buy when bullish or when bearish?

Even though the potential profit when bouncing to buy is when it is bearish.

This is the importance of managing money that is specifically used for trading and living needs so that when we see very good potential like now, we can use the trading money we still have to buy Bitcoin at cheap prices. But we have to be careful when we want to buy Bitcoin at whatever price is on the market, it doesn't necessarily mean there will be another price increase in the near future.

[UNIVERSE]

Yes, I also bought some old coins this week. because the market is experiencing a correction, thanks for the advice, mate. Old coins are always a priority because their reputation and fundamentals are also good. more popular, safer funds, that's the reason why I always buy top coins, rather than having to do research to buy new coins or tokens, because new coins or tokens are riskier.

Well, I think we all buy coins because the prices of most coins are cheap enough during this correction. It is the right way to prioritize old coins because they are more secure than new coins. Moreover if we choose old coins with good fundamentals such as Ethereum, BNB coin, Solana, Polygon, Cardano, etc. Sure, we must always use safe money to buy crypto coins, we don't use the money for basic necessities. We also don't use loan money for investment.

[KingsDen]

Just like the popular I AM HODLING thread in BTT, I buy always because I don't have good knowledge of the charts. I do not know when the market will have a free fall and I also do not know when the market will have a bull. So, the only clear option available to me is the DCA method and I am using it. So, I buy at average, whether green or red.

[nakamura12]

l don't think now is the best time to invest in cryptocurrency because look at the bitcoin and how it drops a lot this past weeks.

It won't be the best time for you to invest but it would be a great chance for others to buy since the price decreased this past weak so many of them will earn profit once the price increase again. If I explain something, it depends on how long you will hold your coins and the price decrease for the past week could be a chance to buy more.

[Rruchi man]

but it would be a great chance for others to buy since the price decreased this past weak so many of them will earn profit once the price increase again. If I explain something, it depends on how long you will hold your coins and the price decrease for the past week could be a chance to buy more.

It would be a great chance to buy and to enter the market for new investors, but many of them are not aware and because the market is not performing so well they may lack the confidence in the believe that the market will do well later for them invest in Bitcoin and be patient.

Just like the popular I AM HODLING thread in BTT, I buy always because I don't have good knowledge of the charts. I do not know when the market will have a free fall and I also do not know when the market will have a bull. So, the only clear option available to me is the DCA method and I am using it. So, I buy at average, whether green or red.

This is proof that you have  scaled the emotional hurdle that many people who invest in bitcoin have not passed. I think it is a good ting that you numb to the charts, and committed to DCA-ing.

[Ricardo11]

Currently, the price of Bitcoin is at 60K, which is a very low price, because when the real bull run will happen and at that time the price of Bitcoin will go to that stage, the current price of Bitcoin is very low. So I keep as much as possible according to my income. I usually buy using the DCA method, but now I invest whatever money I have left over in Bitcoin without wasting it. Overall I try to buy as many bitcoins as possible now. Because I know very well that once the price pumping starts, I will never get the opportunity to buy at this price again. So everyone should make the most of this moment.