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Author Topic: Best time to purchase BTC  (Read 13929 times)

Offline Asiska02

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Re: Best time to purchase BTC
« Reply #60 on: November 30, 2024, 12:16:29 PM »
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.

Many have said that there is no perfect time to buy bitcoin and that you can buy at anytime and not always wait for the dip to come before buying. I agree with that statement but when it comes to the bull run time we are currently in, we all know that bitcoin is making new highs and no one know how far the high will be or when it’ll come to an end. If you missed out and didn’t get to buy bitcoin during the dip when the market was bearish, it will be better if you buy a little now and wait to take profits when a new all time high is recorded. Them going towards the bearish season, it’s advisable to employ the DCA method to accumulate against the next bitcoin bull cycle because no one can still tell what the lowest bearish price will be, so buying at intervals will make you have more bitcoin in your portfolio rather than buying all at once when you see a little dip in the market.

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Re: Best time to purchase BTC
« Reply #60 on: November 30, 2024, 12:16:29 PM »

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Offline bounceback

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Re: Best time to purchase BTC
« Reply #61 on: November 30, 2024, 12:36:38 PM »
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
Seems every risk recommended to buy or purchase bitcoin right now after too close raise $100k and keep going on later since significant up bitcoin never have large correction. But looking forward with future potential of bitcoin will have many good news or bad news make bad side for bitcoin will dump or pump.
Bitcoin still stable right now and not have indicator will going dump or large correction, but be patience waiting right moment when bitcoin have few percent of correction before purchasing or too risk if keep buy current of bitcoin price.

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Re: Best time to purchase BTC
« Reply #61 on: November 30, 2024, 12:36:38 PM »

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Offline robelneo

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Re: Best time to purchase BTC
« Reply #62 on: November 30, 2024, 12:56:00 PM »

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.

We should not stop buying Bitcoin or do DCA. The high price is not the reason why we should stop buying, because we might regret it if the price reaches $200k or $300k, The current price of $100k is not the end of the road for Bitcoin's price because so many good things are now happening that will push the price further beyond $100k, especially now that Trump is heading to the White House.
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Offline Mr. Magkaisa

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Re: Best time to purchase BTC
« Reply #63 on: November 30, 2024, 01:09:02 PM »
       -     Buying bitcoin is no longer about asking when you should buy it, you should buy it because you know the potential it has that's why you buy it and there is no time limit on when you will buy it because your mindset for sure will be that every time you have extra money you will buy it little by little.

That's what investors who believe in bitcoin do, they will buy as long as they have money to buy bitcoin regardless of its price in the market, whether it goes up or down.

Offline JISAN

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Re: Best time to purchase BTC
« Reply #64 on: November 30, 2024, 02:36:12 PM »
Buying bitcoin is no longer about asking when you should buy it, you should buy it because you know the potential it has that's why you buy it and there is no time limit on when you will buy it because your mindset for sure will be that every time you have extra money you will buy it little by little. That's what investors who believe in bitcoin do, they will buy as long as they have money to buy bitcoin regardless of its price in the market, whether it goes up or down.
Agree with you because the direction you spoke in is correct. Those who will hire Bitcoin B should have such a mentality because investing in Bitcoin requires no direction. Anyone who wants to invest in Bitcoin has this idea that nothing wrong will happen if he invests in Bitcoin. Recruiting Bitcoin means depositing his deposit in the right place.

Many people post various types of posts, such as whether to buy Bitcoin or not, and many people comment on them. Naturally, although we also comment there, we say fairly that if DCA maintains Bitcoin AB, then he does not need to wait any longer and can start his investment.
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Offline MUGNIA

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Re: Best time to purchase BTC
« Reply #65 on: November 30, 2024, 04:04:05 PM »
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.

Many have said that there is no perfect time to buy bitcoin and that you can buy at anytime and not always wait for the dip to come before buying. I agree with that statement but when it comes to the bull run time we are currently in, we all know that bitcoin is making new highs and no one know how far the high will be or when it’ll come to an end. If you missed out and didn’t get to buy bitcoin during the dip when the market was bearish, it will be better if you buy a little now and wait to take profits when a new all time high is recorded. Them going towards the bearish season, it’s advisable to employ the DCA method to accumulate against the next bitcoin bull cycle because no one can still tell what the lowest bearish price will be, so buying at intervals will make you have more bitcoin in your portfolio rather than buying all at once when you see a little dip in the market.

It should be like that because we buy BTC to invest so it is definitely in the long term, so we can buy at any time when we have the money to buy it, by always recording buyers, we will be able to estimate how much profit we can get from the price difference when buying

Offline tvplus006

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Re: Best time to purchase BTC
« Reply #66 on: November 30, 2024, 06:27:25 PM »
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.

Yes, I remember well when MicroStrategy was close to collapse. With the average price of BTC equal to 30 thousand dollars, which was held by MicroStrategy, the price of Bitcoin dropped to 15 thousand dollars. But Michael Saylor remained true to himself and BTC, continuing to buy Bitcoin at a price of 15 thousand dollars and as it turned out, he made the right decision at that time.

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Re: Best time to purchase BTC
« Reply #66 on: November 30, 2024, 06:27:25 PM »


Offline satpol_PP

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Re: Best time to purchase BTC
« Reply #67 on: November 30, 2024, 07:45:55 PM »
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.

Many have said that there is no perfect time to buy bitcoin and that you can buy at anytime and not always wait for the dip to come before buying. I agree with that statement but when it comes to the bull run time we are currently in, we all know that bitcoin is making new highs and no one know how far the high will be or when it’ll come to an end. If you missed out and didn’t get to buy bitcoin during the dip when the market was bearish, it will be better if you buy a little now and wait to take profits when a new all time high is recorded. Them going towards the bearish season, it’s advisable to employ the DCA method to accumulate against the next bitcoin bull cycle because no one can still tell what the lowest bearish price will be, so buying at intervals will make you have more bitcoin in your portfolio rather than buying all at once when you see a little dip in the market.

It should be like that because we buy BTC to invest so it is definitely in the long term, so we can buy at any time when we have the money to buy it, by always recording buyers, we will be able to estimate how much profit we can get from the price difference when buying
Bitcoin is very suitable for long-term investment and I agree with you to always record the price when we buy so that we know if there is an increase how much profit we have received.
for those who decide to hold long term, they will always have a record of purchases and have a plan or target to sell. and if they have reached their target they will sell their bitcoins

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Re: Best time to purchase BTC
« Reply #68 on: December 07, 2024, 04:21:09 AM »

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.

Well, it's great advice, the thing is that for now the market is moving in an almost lateral way, because we all were at $100k a few days ago, it didn't happen, I've also seen People say that the bull run is up to that point, I say that there is still more to come, that more ATHs are Coming around now, I think that things can be favorable for every type of investor.

What you say is very true, I'd wait for the price to drop more to Compare , but where I had the money I would buy btc without thinking about it, first btc and then if any bulls alt.
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Offline dekafee79

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Re: Best time to purchase BTC
« Reply #69 on: December 07, 2024, 10:56:22 PM »

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.

Well, it's great advice, the thing is that for now the market is moving in an almost lateral way, because we all were at $100k a few days ago, it didn't happen, I've also seen People say that the bull run is up to that point, I say that there is still more to come, that more ATHs are Coming around now, I think that things can be favorable for every type of investor.

What you say is very true, I'd wait for the price to drop more to Compare , but where I had the money I would buy btc without thinking about it, first btc and then if any bulls alt.
Correction will happen after bitcoin reaches ATH beyond $100K. and prepare your money to buy biytcpin because bitcoin will likely be higher in price next year. there is no doubt about it because the bull run has just started and the peak of the bullish season will happen next year.

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Re: Best time to purchase BTC
« Reply #70 on: December 07, 2024, 11:09:11 PM »
Correction will happen after bitcoin reaches ATH beyond $100K. and prepare your money to buy biytcpin because bitcoin will likely be higher in price next year. there is no doubt about it because the bull run has just started and the peak of the bullish season will happen next year.
We already experienced the correction and Bitcoin already crossed $100k. If Bitcoin dropped again to $95k-$96k, it is good time to buy Bitcoin. But if Bitcoin price is still above $100k, I think it is a too high price to buy Bitcoin. However, it is your right to buy Bitcoin at any price. Well, the in January, it is very possible to have a higher price. It is because Trump will be inaugurated as US president in January. And the new SEC chairman will be selected in January as well. This will trigger the price of Bitcoin to skyrocket again.


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Re: Best time to purchase BTC
« Reply #71 on: December 08, 2024, 03:00:20 PM »

We already experienced the correction and Bitcoin already crossed $100k. If Bitcoin dropped again to $95k-$96k, it is good time to buy Bitcoin. But if Bitcoin price is still above $100k, I think it is a too high price to buy Bitcoin. However, it is your right to buy Bitcoin at any price. Well, the in January, it is very possible to have a higher price. It is because Trump will be inaugurated as US president in January. And the new SEC chairman will be selected in January as well. This will trigger the price of Bitcoin to skyrocket again.
I also predict that after Trump is inaugurated and the inauguration will also take place at the SEC with the replacement of Gary Gensler, the price of Bitcoin will likely skyrocket.
I am still holding my Bitcoin and plan to sell when it reaches $125K.
As I said before, I will buy Bitcoin again when there is a correction because I am sure that the price of Bitcoin next year will be much higher than this year.

Offline smartaction

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Re: Best time to purchase BTC
« Reply #72 on: December 08, 2024, 03:52:02 PM »

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.

Well, it's great advice, the thing is that for now the market is moving in an almost lateral way, because we all were at $100k a few days ago, it didn't happen, I've also seen People say that the bull run is up to that point, I say that there is still more to come, that more ATHs are Coming around now, I think that things can be favorable for every type of investor.

What you say is very true, I'd wait for the price to drop more to Compare , but where I had the money I would buy btc without thinking about it, first btc and then if any bulls alt.
Correction will happen after bitcoin reaches ATH beyond $100K. and prepare your money to buy biytcpin because bitcoin will likely be higher in price next year. there is no doubt about it because the bull run has just started and the peak of the bullish season will happen next year.

I am very happy to see the Bitcoin market. I was thinking that next year the price of Bitcoin might cross $100k, but without that, we have already seen that it has crossed $100k. Let's see what is going to happen in the Bitcoin market next year. Everyone is thinking that the Bitcoin bull run has just started and that next year will be even better in the market. If this happens, I think many people will get very good profits, and some people have sold their invested Bitcoins.

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Re: Best time to purchase BTC
« Reply #73 on: December 08, 2024, 04:29:03 PM »
It will really be that too risky for you to be having some position because market could correct soon but of course there's no assurance it would be happening yet this market is always been that
unpredictable or totally random. So it would really be that up to you on how you will really be able to make yourself adjust accordingly basing up on market conditions.
It is difficult to see a correction soon, one of the characteristics of a bull market is that there is no strong correction in the entire direction. We will get rises and corrections but they will be above $70k.

And besides the fact that there may not be strong corrections during the bull run, the Bull market is characterize by investor confidence, optimism, and the general expectation that price will continue to rise for a long periods.
Again, there is a higher demand of Bitcoin from investors that will lead to price increase during the bull run.
In addition, bull run can experience some pull back, which is normal and part of the market price movements. I think that a possible Bitcoin pull back may not go below $88k to $90k during the current bull run in my opinion.

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Re: Best time to purchase BTC
« Reply #74 on: December 08, 2024, 07:38:44 PM »
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.
If I was buying bitcoin as a long term investment, I honestly will start by buying it at any price, what I will do is decide the total money into two, and use the first part to buy at any price that Bitcoin is at that moment, then with the second part of the money, I can wait and see if the price will drop, but this will also depend on the condition of the market at the particular time..

If we are in a major bull run, I did straight away; buy bitcoin with the entire amount of money since it's not bitcoin I am ready to sell at any moment, but going to hold for a long time.

But if we are in a bear season, I did start by first buying with half the amount of money i budgetted, and apply dca buys with the rest of the funds.
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