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Author Topic: Best Time to Invest in Bitcoin??  (Read 5397 times)

Online Aanuoluwatofunmi

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Re: Best Time to Invest in Bitcoin??
« Reply #120 on: October 01, 2024, 11:14:10 PM »
"If you're going to invest in Bitcoin, the short time horizon is four years, the medium time horizon is ten years, and the right time horizon is forever." 
 Otherwise, if luck is good, everyday is the best time.

We will always have the opportunity for investing on bitcoin and each day could be the said time whereby the opportunities in them comes, but how prepared are we, could anyone of us even manage to know that such opportunity lies ahead of us and quickly seize it to invest, we may sometimes be missing out without even knowing because we are not positioned for it already.

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Re: Best Time to Invest in Bitcoin??
« Reply #120 on: October 01, 2024, 11:14:10 PM »

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Offline debra

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Re: Best Time to Invest in Bitcoin??
« Reply #121 on: October 01, 2024, 11:48:21 PM »
We will always have the opportunity for investing on bitcoin and each day could be the said time whereby the opportunities in them comes, but how prepared are we, could anyone of us even manage to know that such opportunity lies ahead of us and quickly seize it to invest, we may sometimes be missing out without even knowing because we are not positioned for it already.
I think it is not everyday to be the best time for investing in Bitcoin. If it is increasing high, it is better to focus on selling Bitcoin. Buying again Bitcoin when there is a correction in the price. Although Bitcoin is safe investment, we must be smarter to choose the best time to buy Bitcoin. It is also not so different with altcoins, we must do analysis to know the best time to buy. Of course it won't be everyday to buy altcoins, this is just careless way if we consider to buy everyday.


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Re: Best Time to Invest in Bitcoin??
« Reply #121 on: October 01, 2024, 11:48:21 PM »

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Re: Best Time to Invest in Bitcoin??
« Reply #122 on: October 02, 2024, 12:00:43 AM »
We will always have the opportunity for investing on bitcoin and each day could be the said time whereby the opportunities in them comes, but how prepared are we, could anyone of us even manage to know that such opportunity lies ahead of us and quickly seize it to invest, we may sometimes be missing out without even knowing because we are not positioned for it already.
I think it is not everyday to be the best time for investing in Bitcoin. If it is increasing high, it is better to focus on selling Bitcoin. Buying again Bitcoin when there is a correction in the price. Although Bitcoin is safe investment, we must be smarter to choose the best time to buy Bitcoin. It is also not so different with altcoins, we must do analysis to know the best time to buy. Of course it won't be everyday to buy altcoins, this is just careless way if we consider to buy everyday.
Yes, I am also confused why people still often ask when is the right time to buy Bitcoin. Indeed, when the price drops a lot, the profit level can certainly be multiplied more than buying when the price has increased like this. But isn't it much better to start paying it off rather than just thinking about whether to enter or not. Because the chance for Bitcoin to rise is still there, and we take advantage of this moment to buy.
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Re: Best Time to Invest in Bitcoin??
« Reply #123 on: October 02, 2024, 01:06:56 AM »
We will always have the opportunity for investing on bitcoin and each day could be the said time whereby the opportunities in them comes, but how prepared are we, could anyone of us even manage to know that such opportunity lies ahead of us and quickly seize it to invest, we may sometimes be missing out without even knowing because we are not positioned for it already.
I think it is not everyday to be the best time for investing in Bitcoin. If it is increasing high, it is better to focus on selling Bitcoin. Buying again Bitcoin when there is a correction in the price. Although Bitcoin is safe investment, we must be smarter to choose the best time to buy Bitcoin. It is also not so different with altcoins, we must do analysis to know the best time to buy. Of course it won't be everyday to buy altcoins, this is just careless way if we consider to buy everyday.

I feel you, Debra. Timing is a little difficult in this case. Other times people just need to start investing, no matter how small the amount they put in and at that moment they can. Dollar-cost averaging could be the way to lessen the volatility.

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Re: Best Time to Invest in Bitcoin??
« Reply #124 on: October 02, 2024, 05:30:44 AM »
We will always have the opportunity for investing on bitcoin and each day could be the said time whereby the opportunities in them comes, but how prepared are we, could anyone of us even manage to know that such opportunity lies ahead of us and quickly seize it to invest, we may sometimes be missing out without even knowing because we are not positioned for it already.
I think it is not everyday to be the best time for investing in Bitcoin. If it is increasing high, it is better to focus on selling Bitcoin. Buying again Bitcoin when there is a correction in the price. Although Bitcoin is safe investment, we must be smarter to choose the best time to buy Bitcoin. It is also not so different with altcoins, we must do analysis to know the best time to buy. Of course it won't be everyday to buy altcoins, this is just careless way if we consider to buy everyday.

Absolutely, it is not everyday but depending on the market condition that would warrant how often we invest or buy bitcoin. Mostly, people prefer to buy bitcoin when it is bear because at that period, it is way cheaper than the when it is bull. As a matter of fact bull is time to sell off because when ones investment and target must have been met and filled one would have to take profit. However, buying everyday might be very much risky because you definitely can not tell the market direction as you are a bit bent  on buying without taking your time to observe and see the market trend for a while which would or should guide you in investing in bitcoin. This is also applicable to altcoin too as all are cryptocurrency and have almost the same trading pattern.
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Offline SmartGold01

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Re: Best Time to Invest in Bitcoin??
« Reply #125 on: October 02, 2024, 08:27:22 AM »
We will always have the opportunity for investing on bitcoin and each day could be the said time whereby the opportunities in them comes, but how prepared are we, could anyone of us even manage to know that such opportunity lies ahead of us and quickly seize it to invest, we may sometimes be missing out without even knowing because we are not positioned for it already.
I think it is not everyday to be the best time for investing in Bitcoin. If it is increasing high, it is better to focus on selling Bitcoin. Buying again Bitcoin when there is a correction in the price. Although Bitcoin is safe investment, we must be smarter to choose the best time to buy Bitcoin. It is also not so different with altcoins, we must do analysis to know the best time to buy. Of course it won't be everyday to buy altcoins, this is just careless way if we consider to buy everyday.

I feel you, Debra. Timing is a little difficult in this case. Other times people just need to start investing, no matter how small the amount they put in and at that moment they can. Dollar-cost averaging could be the way to lessen the volatility.
We can't control volatility and it's something already there which we can't control over the time being, what matters is when to do DCA or when to buy ones. Many of us has watched and see bitcoin dropping very severely even to 48k then and we were thinking it would drop more without knowing that this could be just the last part we would see it at the price and after the price changes direction we exclaimed for not buying at time. Do you actually know at that single buy off can actually helps because when bitcoin passes some certain price level we find it very hard to go back to section again, but nevertheless DCA is also a good approach as well.

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Re: Best Time to Invest in Bitcoin??
« Reply #126 on: October 02, 2024, 09:01:24 AM »
We will always have the opportunity for investing on bitcoin and each day could be the said time whereby the opportunities in them comes, but how prepared are we, could anyone of us even manage to know that such opportunity lies ahead of us and quickly seize it to invest, we may sometimes be missing out without even knowing because we are not positioned for it already.
I think it is not everyday to be the best time for investing in Bitcoin. If it is increasing high, it is better to focus on selling Bitcoin. Buying again Bitcoin when there is a correction in the price. Although Bitcoin is safe investment, we must be smarter to choose the best time to buy Bitcoin. It is also not so different with altcoins, we must do analysis to know the best time to buy. Of course it won't be everyday to buy altcoins, this is just careless way if we consider to buy everyday.

I feel you, Debra. Timing is a little difficult in this case. Other times people just need to start investing, no matter how small the amount they put in and at that moment they can. Dollar-cost averaging could be the way to lessen the volatility.
We can't control volatility and it's something already there which we can't control over the time being, what matters is when to do DCA or when to buy ones. Many of us has watched and see bitcoin dropping very severely even to 48k then and we were thinking it would drop more without knowing that this could be just the last part we would see it at the price and after the price changes direction we exclaimed for not buying at time. Do you actually know at that single buy off can actually helps because when bitcoin passes some certain price level we find it very hard to go back to section again, but nevertheless DCA is also a good approach as well.
Well, in my perspective it is unknown when Bitcoin will turn bullish and then turn bearish and this is why I think it is better for an investor to do DCA regularly. By doing regular DCA, if an investor buys Bitcoin at a slightly higher price, there is no loss, he can buy again at a lower price because Bitcoin is volatile and always goes through high volatility. There are some investors who are only looking for dips but it will be difficult for them to buy Bitcoin at the right time. All those who manage DCA and hold it for long term will definitely benefit.

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Re: Best Time to Invest in Bitcoin??
« Reply #126 on: October 02, 2024, 09:01:24 AM »


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Re: Best Time to Invest in Bitcoin??
« Reply #127 on: October 02, 2024, 09:05:46 AM »
We can't control volatility and it's something already there which we can't control over the time being, what matters is when to do DCA or when to buy ones. Many of us has watched and see bitcoin dropping very severely even to 48k then and we were thinking it would drop more without knowing that this could be just the last part we would see it at the price and after the price changes direction we exclaimed for not buying at time. Do you actually know at that single buy off can actually helps because when bitcoin passes some certain price level we find it very hard to go back to section again, but nevertheless DCA is also a good approach as well.

Totally. People can just accumulate it and be in profit in the long-term, that's the beauty of BTC, however, not everybody has enough funds to buy in lumps or overall speaking, thus, DCA would be ideal for them.

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Re: Best Time to Invest in Bitcoin??
« Reply #128 on: October 02, 2024, 09:40:29 AM »
We can't control volatility and it's something already there which we can't control over the time being, what matters is when to do DCA or when to buy ones. Many of us has watched and see bitcoin dropping very severely even to 48k then and we were thinking it would drop more without knowing that this could be just the last part we would see it at the price and after the price changes direction we exclaimed for not buying at time. Do you actually know at that single buy off can actually helps because when bitcoin passes some certain price level we find it very hard to go back to section again, but nevertheless DCA is also a good approach as well.

Totally. People can just accumulate it and be in profit in the long-term, that's the beauty of BTC, however, not everybody has enough funds to buy in lumps or overall speaking, thus, DCA would be ideal for them.
Based on the subject matter, people should understand that their's no best is no best time to buying Bitcoin, so far an investor is using the DCA method of accumulation which gives an opportunity to both the rich and poor to accumulate properly then any entry can be the best time. I know some might say the dip is the best time, well it may be a good opportunity to accumulate at cheaper price  and most people who feel it's the best time are people who are not very wealthy but they're wrong cause using the DCA gives an opportunity to buy at any entry and minimise lose so far the investors buys continuesly. That's why I agree with you that people should consider the DCA more to other methods cause it's more ideal.
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Offline smartaction

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Re: Best Time to Invest in Bitcoin??
« Reply #129 on: October 02, 2024, 10:03:33 AM »
We can't control volatility and it's something already there which we can't control over the time being, what matters is when to do DCA or when to buy ones. Many of us has watched and see bitcoin dropping very severely even to 48k then and we were thinking it would drop more without knowing that this could be just the last part we would see it at the price and after the price changes direction we exclaimed for not buying at time. Do you actually know at that single buy off can actually helps because when bitcoin passes some certain price level we find it very hard to go back to section again, but nevertheless DCA is also a good approach as well.

Totally. People can just accumulate it and be in profit in the long-term, that's the beauty of BTC, however, not everybody has enough funds to buy in lumps or overall speaking, thus, DCA would be ideal for them.
Based on the subject matter, people should understand that their's no best is no best time to buying Bitcoin, so far an investor is using the DCA method of accumulation which gives an opportunity to both the rich and poor to accumulate properly then any entry can be the best time. I know some might say the dip is the best time, well it may be a good opportunity to accumulate at cheaper price  and most people who feel it's the best time are people who are not very wealthy but they're wrong cause using the DCA gives an opportunity to buy at any entry and minimise lose so far the investors buys continuesly. That's why I agree with you that people should consider the DCA more to other methods cause it's more ideal.
DCA method can help us to protect from the big losses. and give us to a opportunity to accumulate bitcoin or others crypto coins with a average fair price. so in this way we can reduce the chance of big losses. bitcoin is first digital currency we know and we also know it has trillion of marketcap and huge popularity and day by day the popularity of bitcoin are increasing and making new ATH every 4 years. according to 4 year cycle we can see a bull run in the next year. we i think this this is aslo a good time to invest in bitcoin

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Re: Best Time to Invest in Bitcoin??
« Reply #130 on: October 02, 2024, 10:09:39 AM »
We will always have the opportunity for investing on bitcoin and each day could be the said time whereby the opportunities in them comes, but how prepared are we, could anyone of us even manage to know that such opportunity lies ahead of us and quickly seize it to invest, we may sometimes be missing out without even knowing because we are not positioned for it already.
I think it is not everyday to be the best time for investing in Bitcoin. If it is increasing high, it is better to focus on selling Bitcoin. Buying again Bitcoin when there is a correction in the price. Although Bitcoin is safe investment, we must be smarter to choose the best time to buy Bitcoin. It is also not so different with altcoins, we must do analysis to know the best time to buy. Of course it won't be everyday to buy altcoins, this is just careless way if we consider to buy everyday.

I feel you, Debra. Timing is a little difficult in this case. Other times people just need to start investing, no matter how small the amount they put in and at that moment they can. Dollar-cost averaging could be the way to lessen the volatility.
We can't control volatility and it's something already there which we can't control over the time being, what matters is when to do DCA or when to buy ones. Many of us has watched and see bitcoin dropping very severely even to 48k then and we were thinking it would drop more without knowing that this could be just the last part we would see it at the price and after the price changes direction we exclaimed for not buying at time. Do you actually know at that single buy off can actually helps because when bitcoin passes some certain price level we find it very hard to go back to section again, but nevertheless DCA is also a good approach as well.
Well, in my perspective it is unknown when Bitcoin will turn bullish and then turn bearish and this is why I think it is better for an investor to do DCA regularly. By doing regular DCA, if an investor buys Bitcoin at a slightly higher price, there is no loss, he can buy again at a lower price because Bitcoin is volatile and always goes through high volatility. There are some investors who are only looking for dips but it will be difficult for them to buy Bitcoin at the right time. All those who manage DCA and hold it for long term will definitely benefit.
Yes we are still on same point because when someone do DCA it enable them to control their emotions on what amount they can carry or lose that is why it's advisable to monitor the market careful before Venturing into it. Most people do not care where they begin their investment and often time I see people lamenting on price drops or how hard it's to them, because is a results of not apply DCA.

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Re: Best Time to Invest in Bitcoin??
« Reply #131 on: October 02, 2024, 10:29:08 AM »
"If you're going to invest in Bitcoin, the short time horizon is four years, the medium time horizon is ten years, and the right time horizon is forever." 
 Otherwise, if luck is good, everyday is the best time.
Sorry but I disagree with you, most especially with the last part of your post which states that the right time horizon to invest or remain invested in bitcoin is forever, this is completely wrong if we are to look at this critically.

It is already a well known fact that what ever has a beginning surely will have an end, if you invested in bitcoin one day, a day is also coming when you will sell that bitcoin to claim the profit it has already yielded, if you don't, your children will when you are gone (as long as they have the access to the wallet where the bitcoin is held).

If you decide to sell, and then buy in again later, that is a totally different thing altogether, but what matters here is that you have sold that bitcoins you initially bought, deciding to re-invest means you are starting afresh since you will be buying at the market price of bitcoin at that particular time.. No one will hold bitcoin forever except..
1. He or she loses access to his or her wallet seed phrase of private key, as well as also lost access to the wallet.
2. He or she is dead.
3. He or she completely forget he or she had bitcoin stored somewhere/foolish.
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Re: Best Time to Invest in Bitcoin??
« Reply #132 on: October 02, 2024, 10:56:26 AM »
We will always have the opportunity for investing on bitcoin and each day could be the said time whereby the opportunities in them comes, but how prepared are we, could anyone of us even manage to know that such opportunity lies ahead of us and quickly seize it to invest, we may sometimes be missing out without even knowing because we are not positioned for it already.
I think it is not everyday to be the best time for investing in Bitcoin. If it is increasing high, it is better to focus on selling Bitcoin. Buying again Bitcoin when there is a correction in the price. Although Bitcoin is safe investment, we must be smarter to choose the best time to buy Bitcoin. It is also not so different with altcoins, we must do analysis to know the best time to buy. Of course it won't be everyday to buy altcoins, this is just careless way if we consider to buy everyday.

I feel you, Debra. Timing is a little difficult in this case. Other times people just need to start investing, no matter how small the amount they put in and at that moment they can. Dollar-cost averaging could be the way to lessen the volatility.
We can't control volatility and it's something already there which we can't control over the time being, what matters is when to do DCA or when to buy ones. Many of us has watched and see bitcoin dropping very severely even to 48k then and we were thinking it would drop more without knowing that this could be just the last part we would see it at the price and after the price changes direction we exclaimed for not buying at time. Do you actually know at that single buy off can actually helps because when bitcoin passes some certain price level we find it very hard to go back to section again, but nevertheless DCA is also a good approach as well.
Well, in my perspective it is unknown when Bitcoin will turn bullish and then turn bearish and this is why I think it is better for an investor to do DCA regularly. By doing regular DCA, if an investor buys Bitcoin at a slightly higher price, there is no loss, he can buy again at a lower price because Bitcoin is volatile and always goes through high volatility. There are some investors who are only looking for dips but it will be difficult for them to buy Bitcoin at the right time. All those who manage DCA and hold it for long term will definitely benefit.
Yes we are still on same point because when someone do DCA it enable them to control their emotions on what amount they can carry or lose that is why it's advisable to monitor the market careful before Venturing into it. Most people do not care where they begin their investment and often time I see people lamenting on price drops or how hard it's to them, because is a results of not apply DCA.

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Re: Best Time to Invest in Bitcoin??
« Reply #133 on: October 02, 2024, 11:05:03 AM »
Yes we are still on same point because when someone do DCA it enable them to control their emotions on what amount they can carry or lose that is why it's advisable to monitor the market careful before Venturing into it. Most people do not care where they begin their investment and often time I see people lamenting on price drops or how hard it's to them, because is a results of not apply DCA.

Everybody chooses what suits them and their goals best. Some people just need to dig a bit deeper to get what suits them personally.

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Re: Best Time to Invest in Bitcoin??
« Reply #134 on: October 02, 2024, 11:06:11 AM »
We will always have the opportunity for investing on bitcoin and each day could be the said time whereby the opportunities in them comes, but how prepared are we, could anyone of us even manage to know that such opportunity lies ahead of us and quickly seize it to invest, we may sometimes be missing out without even knowing because we are not positioned for it already.
I think it is not everyday to be the best time for investing in Bitcoin. If it is increasing high, it is better to focus on selling Bitcoin. Buying again Bitcoin when there is a correction in the price. Although Bitcoin is safe investment, we must be smarter to choose the best time to buy Bitcoin. It is also not so different with altcoins, we must do analysis to know the best time to buy. Of course it won't be everyday to buy altcoins, this is just careless way if we consider to buy everyday.

I feel you, Debra. Timing is a little difficult in this case. Other times people just need to start investing, no matter how small the amount they put in and at that moment they can. Dollar-cost averaging could be the way to lessen the volatility.
We can't control volatility and it's something already there which we can't control over the time being, what matters is when to do DCA or when to buy ones. Many of us has watched and see bitcoin dropping very severely even to 48k then and we were thinking it would drop more without knowing that this could be just the last part we would see it at the price and after the price changes direction we exclaimed for not buying at time. Do you actually know at that single buy off can actually helps because when bitcoin passes some certain price level we find it very hard to go back to section again, but nevertheless DCA is also a good approach as well.
Well, in my perspective it is unknown when Bitcoin will turn bullish and then turn bearish and this is why I think it is better for an investor to do DCA regularly. By doing regular DCA, if an investor buys Bitcoin at a slightly higher price, there is no loss, he can buy again at a lower price because Bitcoin is volatile and always goes through high volatility. There are some investors who are only looking for dips but it will be difficult for them to buy Bitcoin at the right time. All those who manage DCA and hold it for long term will definitely benefit.
Yes we are still on same point because when someone do DCA it enable them to control their emotions on what amount they can carry or lose that is why it's advisable to monitor the market careful before Venturing into it. Most people do not care where they begin their investment and often time I see people lamenting on price drops or how hard it's to them, because is a results of not apply DCA.
The DCA method regardless of price is an ideal investment medium for Bitcoin investors that also applies to people with low incomes. When I started depositing Bitcoin it was the DCA method and it allowed a portion of my discretionary income to be deposited. In my opinion, those who are interested in investing in Bitcoin should follow this method because it does not encourage you to invest additional real assets. You should invest the portion of your assets that you can afford to lose and keep your bitcoin holdings consistent with real assets.
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