Tendency to buy more when the price of Bitcoin bullish!

[laijsica]

Most of the new investors show more interest by following the process of buying more bitcoins in lower price trend and wait for possible bearish period which leads to losing huge investment benefits and gradually depleting the money allocated for investment. Similarly, an experienced investor tends to continuously buy Bitcoin at any price because he can predict that the price of Bitcoin will reach a new high in a short period of time, and they tend to become huge whales in the future and tend to hold more.

There are many experienced investors against the trend who tend to buy more when the price of Bitcoin rises and make more hold which can be surprising to new investors. I have seen many investors in my experience who buy more when the price of Bitcoin rises.

Does it make sense to buy more at a time when the value of Bitcoin is increasing?

[salad daging]

Why does it not make sense? If that's the goal for the next 10 years when prices go up, no problem.

People buying at the current price of $65K can be said to be a high price, of course people who buy it expect it to go to $100K in the future.

When bitcoin goes to $100K of course an investor expects $250K in the next cycle, for me there is no need to worry about buying bitcoin at a high price as long as you are still strong enough to hold it.

[MrSpasybo]

Most of the new investors show more interest by following the process of buying more bitcoins in lower price trend and wait for possible bearish period which leads to losing huge investment benefits and gradually depleting the money allocated for investment. Similarly, an experienced investor tends to continuously buy Bitcoin at any price because he can predict that the price of Bitcoin will reach a new high in a short period of time, and they tend to become huge whales in the future and tend to hold more.

There are many experienced investors against the trend who tend to buy more when the price of Bitcoin rises and make more hold which can be surprising to new investors. I have seen many investors in my experience who buy more when the price of Bitcoin rises.

Does it make sense to buy more at a time when the value of Bitcoin is increasing?

It's very difficult to give a definitive answer to this question, even if we only focus on the investment outcome. Although both scenarios involve a rise in BTC price, the appropriate actions differ depending on the specific timing.

If an investor buys BTC during the early or middle stages of a bullrun, meaning BTC price is expected to continue rising significantly, then the investor has made a sound decision.

Conversely, if an investor buys BTC at the end of a bullrun, they will incur losses as soon as the market reverses and may have to wait many years to break even and recover their losses. Unfortunately, this happens frequently, and there are always more losers than winners in the market.

[Asiska02]

Does it make sense to buy more at a time when the value of Bitcoin is increasing?

Market cannot be predicted. No investor can tell when bitcoin will rise or fall in price but everyone in the crypto space can clearly tell you that they’re certain that bitcoin will rise in price at some time in the future even without knowing the exact time it’s going to be. They’re very optimistic of bitcoin growth and that’s why they believe it’s going to rise higher than the price they’re buying now.

So waiting for the price to fall in price to some point which they to are not sure if it will ever drop to that price, they’ll just gladly buy at the time they’ve the money to buy more and not wait to speculate for it to come down more or not. Investment in bitcoin before the bullish period or bitcoin attaining a new all time high is very likely profitable, so investing and holding till then is the best thing to do without minding about the price.

[Nheer]

Most of the new investors show more interest by following the process of buying more bitcoins in lower price trend and wait for possible bearish period which leads to losing huge investment benefits and gradually depleting the money allocated for investment. Similarly, an experienced investor tends to continuously buy Bitcoin at any price because he can predict that the price of Bitcoin will reach a new high in a short period of time, and they tend to become huge whales in the future and tend to hold more.

This is actually the best way to invest in bitcoin and make a reasonable profit, we have two seasons which are the bull season and bear season so just have at the back of your mind that the market will never always favor you and there are times that your investment will keep depleting so the best way to invest and make profits is to invest when the price is low during bear season and wait patiently for the bull season. This doesn’t just apply to bitcoin investment but any kind of investment you can think of, tge aim is to make profits so if you don’t invest when the price is low how do you expect to make profits?

There are many experienced investors against the trend who tend to buy more when the price of Bitcoin rises and make more hold which can be surprising to new investors. I have seen many investors in my experience who buy more when the price of Bitcoin rises.

Does it make sense to buy more at a time when the value of Bitcoin is increasing?

I think these are investors who adopt a strategy known as the DCA strategy which allows them to invest in bitcoin no matter the price it is at. It entails investing a fixed amount at regular intervals that way you can accumulate as much as you want without having to worry about the price so far as your plan is to invest for a long period.

[Z-tight]

Weak hands always fail to buy when the price of BTC is low, they are weak hands for a reason and that's because they don't believe in BTC, so they would not buy at a low price. However, once the price starts to rise, this same weak hands begin to fomo and then they start buying out of the fear of missing out, this happens all the time and that is why you notice people rushing to buy when there is a pump.

[Tribalchief]

Does it make sense to buy more at a time when the value of Bitcoin is increasing?

From an ideal sense or rational thinking, buying Bitcoin when the price is increasing does not make any sense. If you choose to buy when the price increases, then what are you busy doing when the price is decreasing?. This is probably a question you should ask someone who indulges in such act that the Bitcoin community call fomo.

But from an investment point of view, it's ideal to buy Bitcoin at every giving opportunity (whether Bitcoin price is increasing or decreasing). When you do this act a regular interval, with a specific amount, then we call it a DCA strategy. It's just a strategy that gives opportunity especially to those that can't make large purchase, so instead they do it often whether the price is increasing or decreasing.

The DCA strategy isn't bad at all, but when an investor choose to only buy when the price of Bitcoin is increasing, then I don't think that's a rational thing to do

[KingsDen]

It is not a good practice to buy bitcoin at a high price. But from the example you gave, people buying at $65k are not buying high. Yes, because BTC ATH is around $75k, so it is said to buy high only when you buy above the ATH.
However, on the long run, no one is buying high. This is because someone who has the projection of $100k is free to buy now. Someone who is seeing $150k can still buy at $100k or even $120k. This is how it works because it is difficult to know the bottom.

A good alternative is using the DCA and not stopping until if you have accumulated nice amount and wish to cash out.

[_act_]

Does it make sense to buy more at a time when the value of Bitcoin is increasing?

No. It is good to buy when the price has fallen very well, not when the price has increased. But if you decide to buy when the price has increased, it would be good to sell very fast because the price can start to fall again. I prefer to remain patient and buy at low price.

[taufik123]

-snip-
The DCA strategy isn't bad at all, but when an investor choose to only buy when the price of Bitcoin is increasing, then I don't think that's a rational thing to do

should buy when the price drops to touch the strongest support and it would be a good buy to support a more perfect DCA.
When prices are rising not supposed to add to the load in the bag, it is time to look at where the market is going.

If the main price target has not been reached, just wait and see where the price will stop.
Perhaps a repurchase will occur immediately after the increase, as there will be a decline after that.

[SamReomo]

Does it make sense to buy more at a time when the value of Bitcoin is increasing?

No, it doesn't make any sense to buy more Bitcoin when its value is increasing, because it can drop once again and will have frequent price corrections. The best time to buy Bitcoin and increase your accumulation is when it gets a huge dip.

I personally follow DIP+DCA strategy and so far I have made enough profits with that already, and at the same time I have increased the number of accumulative coins overtime. I guess most investors who are successful investors of Bitcoin are following the same strategy.

[densus88]

-snip-
The DCA strategy isn't bad at all, but when an investor choose to only buy when the price of Bitcoin is increasing, then I don't think that's a rational thing to do

should buy when the price drops to touch the strongest support and it would be a good buy to support a more perfect DCA.
When prices are rising not supposed to add to the load in the bag, it is time to look at where the market is going.

If the main price target has not been reached, just wait and see where the price will stop.
Perhaps a repurchase will occur immediately after the increase, as there will be a decline after that.

Based on the habits that we observe when the price of bitcoin experiences a high increase, bitcoin will experience a correction and a sharp decline, that is the best time to buy bitcoin to hold. this always repeats in every cycle so we just have to wait patiently, if the price we buy is still low from the market price, it is better to hold until the price goes up again if you want to sell it, because the price of popular coins, top coins will increase when the price of bitcoin goes up.

[Fivestar4everMVP]

Does it make sense to buy more at a time when the value of Bitcoin is increasing?

Well, the best time to buy bitcoin is when the price is down, and not when it's increasing, but most people, specially speculators tend to like to enter the market when the coin or token is making some upward movements, they buy at that time with the hope that the price will go ip further far from their entry price, and they can sell it and make quick profit.
Some of those who engage in this type of investing believe that buying when the price of the asset is down, and waiting for it to rise is tieing money down which they could have used for other important things, so they prefer to fomo rather than invest early and easily cash in when price of the asset starts rising.

[MainIbem]

Does it make sense to buy more at a time when the value of Bitcoin is increasing?

Bitcoin investment is best for long-term and as an investor, buying at any entry is not a bad idea so far the goal is to keep buying continuesly overtime with a specific amount you can afford to buy with at that point in time and the good thing about the method of buying continuesly is that whether the price drops or goes up you'll still benefit cause inasmuch as the investor experienced a dip while using that particular method (DCA) you'll definitely cover your loses when their's an upsurge therefore investors shouldn't really bother much about the price of Bitcoin but focus on accumulating more for future purpose, those who wait for the dip to buy and take profits shortly when it rises again are not good investor, a good Bitcoin investor thinks long-term, you can take profits after a circle and continue again or stay for more years until it sets a better ATH and take profits then, that's why you see whales like Michael Saylor and some others buying more Bitcoin and holding instead of selling in a short period after buying.

[rdluffy]

I believe that only time can teach each person this kind of behavior
the logic is this, but when we are newbies we have a great fear of buying at the low, after all the vast majority are pessimistic about Bitcoin and the person comes to believe that it will be the end of Btc
after a few years of trading cryptos I've learned to be more calm, patient and cool in order to buy at bad times and hol

Everytime btc do ath or a good moment, people enter into FOMO mode and buy at any price