Best time to purchase BTC

[taufik123]

In using the DCA method we must observe the market price, if it is too high we should wait until a correction occurs. Like the current bitcoin price is above $ 90K, so I decided to wait for bitcoin again when the price drops below $ 90K. I stopped the DCA method for buying bitcoin, but I still do it to buy some potential altcoins that are still far from the previous ATH and according to the altcoin analysis it will reach ATH next year. so we have to do research and make analysis before buying even though it is a top coin.

DCA does need to be accompanied by analysis because we also don't want to buy at a price that is too high.
It is only necessary to pay attention to where the strongest support will be a bounce which then becomes a point of repurchase.

People who talk about DCA only understand buyback but don't know when it's the right time to do DCA.

[tvplus006]

...I stopped the DCA method for buying bitcoin, but I still do it to buy some potential altcoins that are still far from the previous ATH and according to the altcoin analysis it will reach ATH next year. so we have to do research and make analysis before buying even though it is a top coin.

After the price of Bitcoin has increased by more than 6 times, continuing to buy BTC is no longer a good decision. To get the maximum profit, you need to focus your efforts on buying altcoins, the price of which has not yet increased so noticeably in relation to the price of Bitcoin.

[sampoerna]

...I stopped the DCA method for buying bitcoin, but I still do it to buy some potential altcoins that are still far from the previous ATH and according to the altcoin analysis it will reach ATH next year. so we have to do research and make analysis before buying even though it is a top coin.

After the price of Bitcoin has increased by more than 6 times, continuing to buy BTC is no longer a good decision. To get the maximum profit, you need to focus your efforts on buying altcoins, the price of which has not yet increased so noticeably in relation to the price of Bitcoin.

Yes, unless the price of Bitcoin drops again like what happened at today's low point, it is also a good moment to buy Bitcoin, if you have enough capital. However, if your capital is limited, it is better to divert it to top altcoins only, which are not yet ATH, and are not yet in the altcoin season position.

Although in this month the price of most altcoins were able to increase much, it is not yet altcoin season, so there are still chances for us to get more altcoins. Indeed, the price is quite good, but when compared to several ATHs for altcoins, it is still quite good. Yes, just analyze which coins are still good to buy at this time with the condition of the altcoin market which has started to climb up.

[Paragon2]

...I stopped the DCA method for buying bitcoin, but I still do it to buy some potential altcoins that are still far from the previous ATH and according to the altcoin analysis it will reach ATH next year. so we have to do research and make analysis before buying even though it is a top coin.

After the price of Bitcoin has increased by more than 6 times, continuing to buy BTC is no longer a good decision. To get the maximum profit, you need to focus your efforts on buying altcoins, the price of which has not yet increased so noticeably in relation to the price of Bitcoin.

I think your idea is wrong, I do not like Altcoin investment which always spends time in losses. I originally invested in altcoin and I got out of there because I faced losses, when the price of Bitcoin was slightly dumped, altcoins went to a very low level. So basically if you deposit Bitcoin with the aim of achieving long-term and reliable benefits, then the only correct method would be to adopt Bitcoin, which is currently giving the most benefits. So you can buy Bitcoin for a short period of time and buy Bitcoin for a long period of time, the risk will be much less.

[enwi]

Yes, unless the price of Bitcoin drops again like what happened at today's low point, it is also a good moment to buy Bitcoin, if you have enough capital. However, if your capital is limited, it is better to divert it to top altcoins only, which are not yet ATH, and are not yet in the altcoin season position.

Although in this month the price of most altcoins were able to increase much, it is not yet altcoin season, so there are still chances for us to get more altcoins. Indeed, the price is quite good, but when compared to several ATHs for altcoins, it is still quite good. Yes, just analyze which coins are still good to buy at this time with the condition of the altcoin market which has started to climb up.

When considering the situation with the weakening market indicators, getting a higher position and buying bitcoins at a lower price, the strategy is rather attractive if we have enough cash on hand. But that being said, altcoin pump and dump is a smart play given that we have little capital to work with at the moment, not to mention going after others with potential for significant growth as long as they’re not already at all time highs. In the current context, the most interesting tokens that need to be bought are those alts with a high technological add-on that have not yet entered the altcoin season. Going further in the effective research of the project with good prospects will allow receiving maximum profits from investments under conditions of the rising market.

[smartaction]

...I stopped the DCA method for buying bitcoin, but I still do it to buy some potential altcoins that are still far from the previous ATH and according to the altcoin analysis it will reach ATH next year. so we have to do research and make analysis before buying even though it is a top coin.

After the price of Bitcoin has increased by more than 6 times, continuing to buy BTC is no longer a good decision. To get the maximum profit, you need to focus your efforts on buying altcoins, the price of which has not yet increased so noticeably in relation to the price of Bitcoin.

The price of Bitcoin has increased several times, so now we have to refrain from investing in Bitcoin because we have already seen that the price of Bitcoin has increased several times, so if we do not invest in Bitcoin, but think about investing in altcoins, it will be good. To get profit by investing, we have to follow some new rules from which we can get profit very easily. The bull run of altcoins has not started yet, so if we can invest in altcoins now, it can be good for us in the coming year.

[0t3p0t]

For me pullbacks are the best time to buy or just simply DCA though no one wants to buy at peak so yeah better to understand the market condition before buying because it might mean so long for us to wait if we already bought when the price is high and then suddenly market goes bearish. As long as we can the most preferred one is the lowest dip but only few knows how to set an entry in that specific target.

[tvplus006]

The price of Bitcoin has increased several times, so now we have to refrain from investing in Bitcoin because we have already seen that the price of Bitcoin has increased several times, so if we do not invest in Bitcoin, but think about investing in altcoins, it will be good. ..

We consider this price to be very high for purchases, but MicroStrategy does not think so and last week bought a new batch of BTC worth $5.5 billion. At the same time, the average purchase price was $97600 per 1 BTC. So we see that not only beginners who have recently learned about Bitcoin are buying at this price.

[Gurujebs]

On the other hand, it is a common phrase in the crypto world "buy the dip"
With the trend of BTC is there a specific time to buy in respect to long term investment or it is recommended to wait for it's dip?

Or one can purchase this asset at any price for a long term investment since it always rises with time.

Your thoughts.

Nice strategy I must say but I will personally not advice anyone to buy Bitcoin at this price unless you want to be doing dollar cost average to continue buying even when the price is low. If you think the price will continue to go up which is true but don't expect something like this all the time, it took years before Bitcoin hit $99,500.

If you hold a large chunk of money, buy some fraction here, buying like 25% of your money here, it shouldn't be more than at this level and then you can use the rest of the money to buy incase the price later goes down. This is my own opinion of best price to buy Bitcoin.

[Mate2237]

Day after yesterday which was on Wednesday, the price of bitcoin hit $91+k was also a good time to buy. In bitcoin investment you have to watch the market at all time to know when to buy and when to sell. And it is good for long term investment with DCA method of investment. It is good to use either weekly or monthly investment plan. But normally it is good to buy at the time of the dip and hodle it for a very long time. Buying bitcoin at the high price is not advisable because you will not make good profit if the price didn't rise to the expected rate at the long run.

[KingsDen]

The price of Bitcoin has increased several times, so now we have to refrain from investing in Bitcoin because we have already seen that the price of Bitcoin has increased several times, so if we do not invest in Bitcoin, but think about investing in altcoins, it will be good. ..

We consider this price to be very high for purchases, but MicroStrategy does not think so and last week bought a new batch of BTC worth $5.5 billion. At the same time, the average purchase price was $97600 per 1 BTC. So we see that not only beginners who have recently learned about Bitcoin are buying at this price.

MicroStrategy is a skilled investor that has a long-term vision. The company can buy at any price and still arrive at profits in the future. However, investors with different objectives and risk tolerances different from that of MicroStrategy should avoid imitating MicroStrategy's approach. Instead, they should choose investment options that align with their own financial goals and risk tolerance.

[MrSpasybo]

Tracing down the history of BTC from the beginning of its decimal value to this present day of it's price record of over $90,000, this volatile asset (BTC) has proven it's worth and strength as a digital currency and a profit maker for investors.

With the situation of the current bull season of BTC most analyst advice HODLers to HODL more because BTC will surge to a new ATH of over 100k before the end of the year, which is a good speculation and very likely to happen.

On the other hand, it is a common phrase in the crypto world "buy the dip"
With the trend of BTC is there a specific time to buy in respect to long term investment or it is recommended to wait for it's dip?

Or one can purchase this asset at any price for a long term investment since it always rises with time.

Your thoughts.

I always try to buy BTC at the bottom, usually happening in the 12th month after the peak of the previous cycle. 12 months is a suitable period for a decline to occur and then a good time to accumulate more BTC.

In the case where the price of BTC has just started to increase, accumulating more BTC in the bullrun is also a necessary strategy. Finally, investors should also have a profit-taking plan to protect the profits from the BTC investment journey.

[dekafee79]

On the other hand, it is a common phrase in the crypto world "buy the dip"
With the trend of BTC is there a specific time to buy in respect to long term investment or it is recommended to wait for it's dip?

Or one can purchase this asset at any price for a long term investment since it always rises with time.

Your thoughts.

Nice strategy I must say but I will personally not advice anyone to buy Bitcoin at this price unless you want to be doing dollar cost average to continue buying even when the price is low. If you think the price will continue to go up which is true but don't expect something like this all the time, it took years before Bitcoin hit $99,500.

If you hold a large chunk of money, buy some fraction here, buying like 25% of your money here, it shouldn't be more than at this level and then you can use the rest of the money to buy incase the price later goes down. This is my own opinion of best price to buy Bitcoin.

I also do not recommend buying bitcoin at this time because the current price of bitcoin is already high and it seems that investors are still focused on bitcoin. I prefer to buy altcoins at this time, because there are still many altcoins whose prices are still far from ATH, suggestions from some friends also suggest buying top altcoins.

[bitterguy28]

I also do not recommend buying bitcoin at this time because the current price of bitcoin is already high and it seems that investors are still focused on bitcoin. I prefer to buy altcoins at this time, because there are still many altcoins whose prices are still far from ATH, suggestions from some friends also suggest buying top altcoins.

i won’t still recommend buying altcoins when they are doing well because they are so volatile you never know when they might go crashing down and you might not catch it well you should have bought altcoins before they started doing well so you can reap your rewards right now

[smartaction]

I also do not recommend buying bitcoin at this time because the current price of bitcoin is already high and it seems that investors are still focused on bitcoin. I prefer to buy altcoins at this time, because there are still many altcoins whose prices are still far from ATH, suggestions from some friends also suggest buying top altcoins.

i won’t still recommend buying altcoins when they are doing well because they are so volatile you never know when they might go crashing down and you might not catch it well you should have bought altcoins before they started doing well so you can reap your rewards right now

I hope that when the price of Bitcoin exceeds $100k, then maybe the price of altcoins will start increasing, so now there is still time for anyone to invest in altcoins if they want. However, investing now is very risky, if we can take risks, we can expect some profit. There are times when taking risks does not yield anything good, and there are times when taking risks yields a lot of profit, so I think it is a personal matter for everyone to invest now.