Looking at the current situation how to invest in crypto??

[Abubakar56]

If we have to make any investment due to the situation in crypto currency, is this the right time??  As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.

Both during the bull run, bear market or when the market is stable, we can invest. I don’t think their is any wrong time to invest in cryptocurrency, you can invest either during the bull run or during bear market. If you have the money to invest, then you can do it, just make sure you make use of DCA strategy, don’t go all in at once. Since we are expecting bull run soon, even as we don’t know when it’s going to happen, then I think it’s not going to be a bad idea if you invest and hold, since everyone is expecting bull run.

[Gurujebs]

Both during the bull run, bear market or when the market is stable, we can invest. I don’t think their is any wrong time to invest in cryptocurrency, you can invest either during the bull run or during bear market. If you have the money to invest, then you can do it, just make sure you make use of DCA strategy, don’t go all in at once. Since we are expecting bull run soon, even as we don’t know when it’s going to happen, then I think it’s not going to be a bad idea if you invest and hold, since everyone is expecting bull run.

There is not a stable place for crypto market but there can be time when we are going to be having accumulation, this period exits for both bear and bull market and that's when to use the opportunity to buy especially the bear market. Buy what you can and hold until there is a reverse of the bull run to make profit.

Though right now, we are not in bull market and we are not in bear market. This is why dollar cost average is very useful and reliable thing to do if you have the money. Buy little by little until you have exhausted the money you plan to used to invest in crypto.

[Dr.Bitcoin_Strange]

Both during the bull run, bear market or when the market is stable, we can invest. I don’t think their is any wrong time to invest in cryptocurrency, you can invest either during the bull run or during bear market. If you have the money to invest, then you can do it, just make sure you make use of DCA strategy, don’t go all in at once. Since we are expecting bull run soon, even as we don’t know when it’s going to happen, then I think it’s not going to be a bad idea if you invest and hold, since everyone is expecting bull run.

The DCA strategy is indeed a very effective approach, especially when considering the long term approach, but that doesn’t mean it’s the only approach to use or that other approaches are ineffective. There’s also the lump sum approach, as you call it “going all in” this can also be quite a formidable approach depending on the investor’s investment goals, there’s also the “Buy the DIP” approach which can also be a pretty effective approach too, still considering and depends on the investor’s goals.  Whatever approach a person wishes to use, he should make sure it suits his investment goals and most importantly, he should consider Bitcoin for its long term gain rather than the short term benefits.

[Judith87403]

The DCA strategy is indeed a very effective approach, especially when considering the long term approach, but that doesn’t mean it’s the only approach to use or that other approaches are ineffective.

There are other effective strategy that can also work very well in terms of Bitcoin investment, however another good strategy is buying at dip because we can imagine if someone has a huge amount of money they have been preserving for months and invest all when the market dip, of course the amount of Bitcoin they would accumulate at that moment will be very high and after then they fall back with another arrangement by gathering another amount again to invest when it dip.

[Dr.Bitcoin_Strange]

There are other effective strategy that can also work very well in terms of Bitcoin investment, however another good strategy is buying at dip because we can imagine if someone has a huge amount of money they have been preserving for months and invest all when the market dip, of course the amount of Bitcoin they would accumulate at that moment will be very high and after then they fall back with another arrangement by gathering another amount again to invest when it dip.

That’s true but every strategy has its downturn and profits aren’t always guaranteed. A possible downturn of waiting for a potential DIP before buying is that, due to the unpredictability of the market, it makes it difficult and almost impossible to accurately predict the possible outcome of the market or its next move, thus, what you may see as a dip may just end up being a peak of the market for the next few months or years, hence resulting to buying at a peak rather than a DIP. And for those that are not patient with the market or those that are just after the short term gain of the market, they could end up selling at a loss.

[Z-tight]

And for those that are not patient with the market or those that are just after the short term gain of the market, they could end up selling at a loss.

Those are the weak hands, they are only in the market for the short term, they don't buy when the price is low and they only fomo buy once the price starts to rise. I.e. now that BTC has crossed $70k, you will see a lot of people rushing to buy now, because they feel the major bull run is about to start, i call them weak hands.

[Gurujebs]

Those are the weak hands, they are only in the market for the short term, they don't buy when the price is low and they only fomo buy once the price starts to rise. I.e. now that BTC has crossed $70k, you will see a lot of people rushing to buy now, because they feel the major bull run is about to start, i call them weak hands.

Sometimes it's not about Ben a weak hand, people buy Bitcoin for various reasons you know and not everyone has the same aims and objectives. Right now that the Bitcoin is making some moves ahead of the election thag is going on, some people have large chunk of money sitting somewhere to buy Bitcoin and sell immediately to take their profits, always see Bitcoin as opportunity than holding.

If wishes were horses, I will love to see Bitcoin don't move as many people are expecting because the expectation is very high and then after the election has settled in, we can then experience one of the biggest bull run we have seen in a while, atleast altcoins can follow up.

[Dr.Bitcoin_Strange]

Those are the weak hands, they are only in the market for the short term, they don't buy when the price is low and they only fomo buy once the price starts to rise. I.e. now that BTC has crossed $70k, you will see a lot of people rushing to buy now, because they feel the major bull run is about to start, i call them weak hands.

Buying due to FOMO sometimes can be really misleading, this often happens when investors are only following others to invest and following hypes and market sentiments without actually conducting their own personal research and analysis. Sometimes, even those who have been around the market for long often make this mistake too. always relying on others' predictions and analysis can result to making wrong investment decisions thereby resulting to financial losses. An investor's success in the market determines how much experience and knowledge they've been able to acquire and also knowing the technique that'll soothe their financial goals best rather than always following the crowd.

[JoyMarsha]

As far as this year is concerned to its end, this is the right time to invest in Bitcoin. I said this because whatever price Bitcoin reaches before the end of this year, I am sure it will skyrocket above it before Q1 or Q2 ends, giving such investors huge profits if they decide to sell by next year.

[Dr.Bitcoin_Strange]

As far as this year is concerned to its end, this is the right time to invest in Bitcoin. I said this because whatever price Bitcoin reaches before the end of this year, I am sure it will skyrocket above it before Q1 or Q2 ends, giving such investors huge profits if they decide to sell by next year.

You’re right.
There’s really no such thing as the right time to invest in Bitcoin because every time is the best time, as long as you can be able to HODL for the long term, even if you buy in the middle or at the end of a bullish season, you can still HODL to the next cycle and still stay in profits. It’s only those who are often in the market for its short term profit that are more interested in timing the market, seeking for a right opportunity to buy, while Buying the DIP can be one effective method to accumulate Bitcoin, we need to understand that it’s always impossible to time the market, especially for those who are only there for the short term benefits.

[erus]

As far as this year is concerned to its end, this is the right time to invest in Bitcoin. I said this because whatever price Bitcoin reaches before the end of this year, I am sure it will skyrocket above it before Q1 or Q2 ends, giving such investors huge profits if they decide to sell by next year.

Can I trust you?
I noticed many senior and experienced members said that Q1 and Q2 in 2025 will be very profitable years and that really makes me confident to wait for that moment.
If I had a lot of Bitcoin, for example 10 Bitcoin, it seems like I should put a Sell order in May to sell all my 10 Bitcoins to take profit, unfortunately I don't have any Bitcoin, let alone 10 Bitcoin, I don't even have 0.0001 BTC.

[TomPluz]

I noticed many senior and experienced members said that Q1 and Q2 in 2025 will be very profitable years and that really makes me confident to wait for that moment. If I had a lot of Bitcoin, for example 10 Bitcoin, it seems like I should put a Sell order in May to sell all my 10 Bitcoins to take profit, unfortunately I don't have any Bitcoin, let alone 10 Bitcoin, I don't even have 0.0001 BTC.

I feel what you are driving into...we who don't have a lot of Bitcoin can only be like watching from afar of the explosion that will happen hoping that we can also be a part of the excitement. But then again, it would be the best time to seek what we can do to get as many Bitcoin as possible...maybe even selling all of your belongings, your house, car, your dog and cat just to raise funds for Bitcoin (of course, am just kidding but you get what I mean). Still, we have to note that no matter how looking forward are we for the rise of Bitcoin in 2025, everything can still be categorized as speculations and the only way to be sure is to wait for it.

[taufik123]

-snip-
Still, we have to note that no matter how looking forward are we for the rise of Bitcoin in 2025, everything can still be categorized as speculations and the only way to be sure is to wait for it.

Yes but don't just wait and wait, when will you enter for the dip price if you don't specify a price that is appropriate for you to enter.
Say maybe do DCA when the price starts to dip and good management will give you the best entry price.

The bullish year of 2025 will be a higher bullish so prepare your bags and don't let you miss out on joining.

[JoyMarsha]

As far as this year is concerned to its end, this is the right time to invest in Bitcoin. I said this because whatever price Bitcoin reaches before the end of this year, I am sure it will skyrocket above it before Q1 or Q2 ends, giving such investors huge profits if they decide to sell by next year.

Can I trust you?
I noticed many senior and experienced members said that Q1 and Q2 in 2025 will be very profitable years and that really makes me confident to wait for that moment.
If I had a lot of Bitcoin, for example 10 Bitcoin, it seems like I should put a Sell order in May to sell all my 10 Bitcoins to take profit, unfortunately I don't have any Bitcoin, let alone 10 Bitcoin, I don't even have 0.0001 BTC.

It's unfortunate that you don't any Bitcoin, are you happy about that? if not, what efforts are you making to get satoshi in your portfolio. Do you want to sit back tight and watch how Bitcoin will skyrocket by Q1 or Q2 of next year, and we will have you complained how you miss investing in Bitcoin when it was a bit low.

Don't be among those who learn about Bitcoin to give them huge profits in the future but they feel reluctant to invest in it because they thought it's to expensive for them to invest with little they have

[JoyMarsha]

As far as this year is concerned to its end, this is the right time to invest in Bitcoin. I said this because whatever price Bitcoin reaches before the end of this year, I am sure it will skyrocket above it before Q1 or Q2 ends, giving such investors huge profits if they decide to sell by next year.

You’re right.
There’s really no such thing as the right time to invest in Bitcoin because every time is the best time, as long as you can be able to HODL for the long term, even if you buy in the middle or at the end of a bullish season, you can still HODL to the next cycle and still stay in profits. It’s only those who are often in the market for its short term profit that are more interested in timing the market, seeking for a right opportunity to buy, while Buying the DIP can be one effective method to accumulate Bitcoin, we need to understand that it’s always impossible to time the market, especially for those who are only there for the short term benefits.

Inasmuch, I would agree with your wordings that every time is the best time to invest in Bitcoin; what will you now say about investing during the bear market and investing at the top of the market(bull market)? Whom between the two stands a chance to make huge profits if both intend to hold for the long term.

Let me leave you with that thought for you to analyze which one seems to be the best time to invest in Bitcoin.  However, whoever is investing in Bitcoin in the bull run would like to hodl it for gains. That should require a long term plan not a short term plan.

I remember a few years back, around 2021, how people complained about how they were at the loss side because they invested at a high price, above $64k. It took 3 years before Bitcoin skyrocketed above that price.