Are you buying now?

[summonerrk]

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.

Your post seems to contain confidence that we are at the bottom. But in fact, it cannot be argued that the price will not fall to 40k in the coming months. The fact is that now, according to technical analysis, the price is in the corner of the triangle formed by the resistance level of 70k and the uptrend of support from 25k. And even though I have now bought bitcoins for part of my deposit at 61.8k, but the situation may develop in different ways.

[EluguHcman]

With the permission of @Ferki I am going to create this thread, which is totally opposite to the one he created a few months ago.

Are you buying cryptocurrencies now?. If not, could you tell us what is the reason you are not buying?. Are you afraid that the market will collapse as some "experts" say?. Are you afraid that Bitcoin will go to 0?. Do you think Chinese miners will turn off their machines and look at the sky?.

Even at the DIP, Investors are not expected to buy at all times because the technology of crypto currencies can not be 100% guaranteed so, buying or not buying Bitcoin at this period of time is personal to individuals.

It could be of FOMO or they do not have a spare to throw in to their wallets.
Could also be of investment across fearful speculations.

[Unbunplease]

Now, in my opinion, is the time to refrain a bit from buying and selling. It is worth outlining what you want to buy, but the action itself should not take place before mid-July. Summer - especially the beginning - are historically weak months for cryptocurrencies

[Metha Wulandarin]

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.

The current decline may be a decline and its lowest point because the presidential election in the United States has not been completed, for now buying Bitcoin is still worth doing but if you think now is an inappropriate time to buy Bitcoin it is not wrong because everyone has a different opinion and analysis.

[alltalk]

Your post seems to contain confidence that we are at the bottom. But in fact, it cannot be argued that the price will not fall to 40k in the coming months. The fact is that now, according to technical analysis, the price is in the corner of the triangle formed by the resistance level of 70k and the uptrend of support from 25k. And even though I have now bought bitcoins for part of my deposit at 61.8k, but the situation may develop in different ways.

Yep, no one really knows whether we are in the bottom or not. Few days ago, Bitcoin dropped below $60k and it is $61k today. We may assume the correction is over, but it may drop more. I personally believe the price will always stay above $50k until it reaches a new ATH. But it is not impossible if Bitcoin may drop again below $50k. Bitcoin price basically is unpredictable although the price of Bitcoin changes gradually.

I never bought Bitcoin above $60k. I bought when Bitcoin price dropped below $60k only. I think if Bitcoin price is above $60k, it is already quite expensive for me. I'm trying to buy Bitcoin in the safest zone. I'm trying to minimize the risks, I don't want to buy when it is not really safe.

[Dr.Bitcoin_Strange]

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.

The current decline may be a decline and its lowest point because the presidential election in the United States has not been completed, for now buying Bitcoin is still worth doing but if you think now is an inappropriate time to buy Bitcoin it is not wrong because everyone has a different opinion and analysis.

Many people have their personal reasons or viewpoint of why the market is currently declining at the moment, some investors believe that the market is currently in a recuperation period, in order to prepare the market for the coming bull run, which is quite logical because looking at past performances, there are times that the price of Bitcoin hovers around a particular price for several months and afterwards comes a bull run or a breaking through of the current ATH.

[Dr.Bitcoin_Strange]

...

[philipma1957]

I got some last week. You need to have reserve to buy at anytime so I pace my buys.

[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.

The current decline may be a decline and its lowest point because the presidential election in the United States has not been completed, for now buying Bitcoin is still worth doing but if you think now is an inappropriate time to buy Bitcoin it is not wrong because everyone has a different opinion and analysis.

There is always the possibility that if there is sensitive news or something similar, it could result in a decrease or increase, like you said that the presidential election caused a decrease.
I agree with you that it is still worth it if there is a desire to buy bitcoin, because, in principle, the price will be able to increase again in time and there will be no losses for those who buy and hold it.

[Rubel007]

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.

Your post seems to contain confidence that we are at the bottom. But in fact, it cannot be argued that the price will not fall to 40k in the coming months. The fact is that now, according to technical analysis, the price is in the corner of the triangle formed by the resistance level of 70k and the uptrend of support from 25k. And even though I have now bought bitcoins for part of my deposit at 61.8k, but the situation may develop in different ways.

Situations can be both good and bad. Looking at various past events, we can conclude that even if the price of Bitcoin reduce for rapidly, it will rise again. Moreover, although the market trend is downward, it is still in a positive place. I wouldn't be surprised if the bitcoin price goes to 55k now. But if we want to go back to 2017,2017 I think it will be difficult at this point. Because the number of individual and institutional investors in Bitcoin has increased tremendously.

[summonerrk]

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.

Your post seems to contain confidence that we are at the bottom. But in fact, it cannot be argued that the price will not fall to 40k in the coming months. The fact is that now, according to technical analysis, the price is in the corner of the triangle formed by the resistance level of 70k and the uptrend of support from 25k. And even though I have now bought bitcoins for part of my deposit at 61.8k, but the situation may develop in different ways.

Situations can be both good and bad. Looking at various past events, we can conclude that even if the price of Bitcoin reduce for rapidly, it will rise again. Moreover, although the market trend is downward, it is still in a positive place. I wouldn't be surprised if the bitcoin price goes to 55k now. But if we want to go back to 2017,2017 I think it will be difficult at this point. Because the number of individual and institutional investors in Bitcoin has increased tremendously.

Meanwhile, Bitcoin has been showing a drop for the fourth week with not so small red candles. I think many expected a rebound from the recently reached 60k, and believed in renewed growth when the price bounced from the bottom to 63k.
But if not, we are falling again today.
We have seen four red candles since April 1, where the fifth candle became green, after a price jump to 57k and then an increase to 64k.
In general, I have a feeling that the next week may become quite dynamic in terms of price changes. Maybe we'll see a breakdown)

[Jamal Aezaz]

Even at the DIP, Investors are not expected to buy at all times because the technology of crypto currencies can not be 100% guaranteed so, buying or not buying Bitcoin at this period of time is personal to individuals.

It could be of FOMO or they do not have a spare to throw in to their wallets.
Could also be of investment across fearful speculations.

Buying or not is dependent on a person and the amount he has because if the price is at more dip but Individuals have no money then there will be no ease to invest amount in any coin so I think if a person has money and he is willing to make investment then time does not matter but his decision matters.

One should remember that if the situations are going against them then they have to wait for accurate timing because selling at this stage will just because of fear of losing money which is not suggested in crypto investment.

[Metha Wulandarin]

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.

The current decline may be a decline and its lowest point because the presidential election in the United States has not been completed, for now buying Bitcoin is still worth doing but if you think now is an inappropriate time to buy Bitcoin it is not wrong because everyone has a different opinion and analysis.

Many people have their personal reasons or viewpoint of why the market is currently declining at the moment, some investors believe that the market is currently in a recuperation period, in order to prepare the market for the coming bull run, which is quite logical because looking at past performances, there are times that the price of Bitcoin hovers around a particular price for several months and afterwards comes a bull run or a breaking through of the current ATH.

Maybe because people can't wait for the arrival of the bullish season so there is a lot of speculation about Bitcoin if they are more patient waiting for the arrival of the bullish season, they will definitely not get caught in the FOMO trap.
The bulish season will definitely be there again just waiting for the time as you said it is now in the process of recovery in order to prepare for the bulish season.

[Cryptsafe]

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.

The current decline may be a decline and its lowest point because the presidential election in the United States has not been completed, for now buying Bitcoin is still worth doing but if you think now is an inappropriate time to buy Bitcoin it is not wrong because everyone has a different opinion and analysis.

There is always the possibility that if there is sensitive news or something similar, it could result in a decrease or increase, like you said that the presidential election caused a decrease.
I agree with you that it is still worth it if there is a desire to buy bitcoin, because, in principle, the price will be able to increase again in time and there will be no losses for those who buy and hold it.

The current decline in Bitcoin price is nothing new. Over the years Bitcoin price dropped much more than it now and went up more than it is now. So buying Bitcoin at this price I will say it is a opportunity because you Yu can not tell the next market direction it would head towards.  Yes it is true that  sensitive news sometimes have side effects on Bitcoin price either rising or declining but whatever the case maybe, you just have to utilise the opportunity to get yourself in a strategic position to either buy more or sell to gain profit. It is either way round. As for me, I think this is the right time to bag more because the price would definitely bounce back for me to take profit.

[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.

The current decline may be a decline and its lowest point because the presidential election in the United States has not been completed, for now buying Bitcoin is still worth doing but if you think now is an inappropriate time to buy Bitcoin it is not wrong because everyone has a different opinion and analysis.

There is always the possibility that if there is sensitive news or something similar, it could result in a decrease or increase, like you said that the presidential election caused a decrease.
I agree with you that it is still worth it if there is a desire to buy bitcoin, because, in principle, the price will be able to increase again in time and there will be no losses for those who buy and hold it.

The current decline in Bitcoin price is nothing new. Over the years Bitcoin price dropped much more than it now and went up more than it is now. So buying Bitcoin at this price I will say it is a opportunity because you Yu can not tell the next market direction it would head towards.  Yes it is true that  sensitive news sometimes have side effects on Bitcoin price either rising or declining but whatever the case maybe, you just have to utilise the opportunity to get yourself in a strategic position to either buy more or sell to gain profit. It is either way round. As for me, I think this is the right time to bag more because the price would definitely bounce back for me to take profit.

The character of bitcoin is that it is difficult to predict in the short term where it will move, but in the long term, bitcoin can be determined, especially after the halving period, which will bring bitcoin to reach its highest level a few months later to reach the latest ATH, which will now occur in 2025.
I have the opinion that at times like this, of course, it is a time when it is difficult to determine the movement before it approaches 2025, when the increase will occur, but the opportunity is very open to continue buying and holding even though prices are difficult to predict at that time.
I agree, that if there is an opportunity to do the short term by buying and selling when the opportunity is there and don't miss it when the time is approaching, keep holding it so you can get the best price.