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Author Topic: Best time to purchase BTC  (Read 13891 times)

Offline UNIVERSE

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Re: Best time to purchase BTC
« Reply #165 on: March 15, 2025, 11:27:22 PM »
For bitcoin, set up or take profitable for long term its worth it and if want take short or medium term just trade with altcoin, we can remember well when bitcoin last year bitcoin still drop under $67k and difficulty break out above $70k before Donald Trump win the US president election. Take almost one years if any one hold bitcoin to earn profit almost 100% if investing since bitcoin price around $67k, but if you take invest when bitcoin have lower price around $50k or $40k you can earn profit more than 200%.
In this bullrun season, it is the right way to set the short term goal if we buy Bitcoin. Bitcoin may drop again to $67k, but it looks like to increase again in the middle of this year (Q3). So, it will be a good chance to buy Bitcoin if it may drop below $70k in the end of this month. The price is very possible to drop again because we will have Eid celebration (Muslim big day). Because of this, many people may sell their Bitcoin, it will trigger to a lower price again.


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Re: Best time to purchase BTC
« Reply #165 on: March 15, 2025, 11:27:22 PM »

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Re: Best time to purchase BTC
« Reply #166 on: March 16, 2025, 11:09:09 PM »
I think anyone guessing currently is doing a very wrong mistake because the market isn't that good for guessing that is why one must be ready to invest at the bear market then wait and watch out how the bull market would scale through. And of course using DCA is the best approach to accumulate enough fractions of Bitcoin than buying all in one, when the market reacts negatively it put fear on the eyes of those who go for all in one causing them to go dump instantly.
If anyone ask me that why should they would investment with the DCA  scheme then I will say directly the main reason should be here you will find the best risk management strategy.  And that will keep you free at least from the tension of the FUD. In my personal experience I have face losses multiple time and those are on because of the short term investment and as well those investment I made in altcoins.
And the investment what I did on bitcoin with DCA scheme that still keep me in safe zone without having any loss. I know in the future market will come to the bearish but still I don't have any fear for that because I know again market will up maybe that will take just some times.

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Re: Best time to purchase BTC
« Reply #166 on: March 16, 2025, 11:09:09 PM »

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Re: Best time to purchase BTC
« Reply #167 on: March 17, 2025, 08:55:22 AM »
For bitcoin, set up or take profitable for long term its worth it and if want take short or medium term just trade with altcoin, we can remember well when bitcoin last year bitcoin still drop under $67k and difficulty break out above $70k before Donald Trump win the US president election. Take almost one years if any one hold bitcoin to earn profit almost 100% if investing since bitcoin price around $67k, but if you take invest when bitcoin have lower price around $50k or $40k you can earn profit more than 200%.
In this bullrun season, it is the right way to set the short term goal if we buy Bitcoin. Bitcoin may drop again to $67k, but it looks like to increase again in the middle of this year (Q3). So, it will be a good chance to buy Bitcoin if it may drop below $70k in the end of this month. The price is very possible to drop again because we will have Eid celebration (Muslim big day). Because of this, many people may sell their Bitcoin, it will trigger to a lower price again.

It's a sale, basically, so yeah, we may be inclined to do so and to hodl till the next cycle or ATH  ;)

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Re: Best time to purchase BTC
« Reply #168 on: March 17, 2025, 11:54:42 AM »
I think anyone guessing currently is doing a very wrong mistake because the market isn't that good for guessing that is why one must be ready to invest at the bear market then wait and watch out how the bull market would scale through. And of course using DCA is the best approach to accumulate enough fractions of Bitcoin than buying all in one, when the market reacts negatively it put fear on the eyes of those who go for all in one causing them to go dump instantly.
If anyone ask me that why should they would investment with the DCA  scheme then I will say directly the main reason should be here you will find the best risk management strategy.  And that will keep you free at least from the tension of the FUD. In my personal experience I have face losses multiple time and those are on because of the short term investment and as well those investment I made in altcoins.
And the investment what I did on bitcoin with DCA scheme that still keep me in safe zone without having any loss. I know in the future market will come to the bearish but still I don't have any fear for that because I know again market will up maybe that will take just some times.
This is also another reason why gives most priority to bitcoin investment than altcoin because they can't be predictable and could collapse at any given time if not properly planned on how you could do your investments or how you should choose your coin while doing investment. Bitcoin is the most preferred and reliable coin even when the market is dipping you could buy and hold and expect the market to rise back without entirely collapsing, and even as that there are all chances and possibility it would rise above expected.

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Re: Best time to purchase BTC
« Reply #169 on: March 17, 2025, 08:44:35 PM »
This is also another reason why gives most priority to bitcoin investment than altcoin because they can't be predictable and could collapse at any given time if not properly planned on how you could do your investments or how you should choose your coin while doing investment. Bitcoin is the most preferred and reliable coin even when the market is dipping you could buy and hold and expect the market to rise back without entirely collapsing, and even as that there are all chances and possibility it would rise above expected.
Well said!
Even I think Bitcoin when be also in the same way if a person don't take the strategy for long term. Like if a trader who were in the beginner stage and think that in Bitcoin trading he might be never face the losses and make use investment in short term he would be easy target of whale I mean if you look at the current situation in fear-greed index the fear level in extreme that's mean most of the people were panicking and selling their holdings assets with even losses.
So even we are investing in Bitcoin we must think about the long term strategy, it can be small fund but regular DCA scheme could make them huge after 4or more years later.

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Re: Best time to purchase BTC
« Reply #170 on: March 17, 2025, 09:46:58 PM »
This is also another reason why gives most priority to bitcoin investment than altcoin because they can't be predictable and could collapse at any given time if not properly planned on how you could do your investments or how you should choose your coin while doing investment. Bitcoin is the most preferred and reliable coin even when the market is dipping you could buy and hold and expect the market to rise back without entirely collapsing, and even as that there are all chances and possibility it would rise above expected.

Altcoins aren't predictable and can't be trusted but if you get the chance to buy and hold them when the price is lower, you will enjoy them more than you will do when you buy and hold Bitcoin but this is only for short term. If you at going got a long term pattern of holding coins, then Bitcoin is the best coin you should invest your money.

You can diversify your portfolio, divide your money into two and use half to buy Bitcoin, then use the rest of the money to buy altcoins and these altcoins must be coins that are promising and have future for growth and development.
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Re: Best time to purchase BTC
« Reply #171 on: March 18, 2025, 08:19:13 AM »
Altcoins aren't predictable and can't be trusted but if you get the chance to buy and hold them when the price is lower, you will enjoy them more than you will do when you buy and hold Bitcoin but this is only for short term. If you at going got a long term pattern of holding coins, then Bitcoin is the best coin you should invest your money.

You can diversify your portfolio, divide your money into two and use half to buy Bitcoin, then use the rest of the money to buy altcoins and these altcoins must be coins that are promising and have future for growth and development.

I would put the bigger part in BTC rather than the half, but the idea is right.

It's always wise to remember who is the king and how his pawns may help him in the end  ;)
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Re: Best time to purchase BTC
« Reply #171 on: March 18, 2025, 08:19:13 AM »


Offline Innocant

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Re: Best time to purchase BTC
« Reply #172 on: March 18, 2025, 11:28:48 AM »
So even we are investing in Bitcoin we must think about the long term strategy, it can be small fund but regular DCA scheme could make them huge after 4or more years later.
DCA is definitely a good strategy.  If one wants to make overnight gains then one must face losses.  Remember that guy who was investing $30 a day in his Coinbase wallet for eight years?  And the investment stood at $80,000 but his current portfolio is over $2 million.

The man used to invest some of his income in Bitcoin every day.  If I invest 50 today and see tomorrow that it has become 25 dollars and panic and sell it in depression, that would be one of the biggest stupid things. If you look at the US dollar money supply you will see that it is constantly increasing and increasing inflation.  But on the other hand there is a fixed amount of total supply of Bitcoin. So if anyone wants to save then why not be it Bitcoin.  I'm not saying don't have bitcoins in your entire savings but I'm saying invest 10% of the amount of investment you're saving try investing 20% in bitcoins by 10 years invest 10 years from now your scenario will change completely

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Re: Best time to purchase BTC
« Reply #173 on: March 18, 2025, 01:14:53 PM »
For bitcoin, set up or take profitable for long term its worth it and if want take short or medium term just trade with altcoin, we can remember well when bitcoin last year bitcoin still drop under $67k and difficulty break out above $70k before Donald Trump win the US president election. Take almost one years if any one hold bitcoin to earn profit almost 100% if investing since bitcoin price around $67k, but if you take invest when bitcoin have lower price around $50k or $40k you can earn profit more than 200%.
In this bullrun season, it is the right way to set the short term goal if we buy Bitcoin. Bitcoin may drop again to $67k, but it looks like to increase again in the middle of this year (Q3). So, it will be a good chance to buy Bitcoin if it may drop below $70k in the end of this month. The price is very possible to drop again because we will have Eid celebration (Muslim big day). Because of this, many people may sell their Bitcoin, it will trigger to a lower price again.
Whenever the price drops and you are a long term Bitcoin holder then the best approach would be is to buy up whenever it do make out such movement on which this is really that the usual stuff that will really be doing by someone whose knowledgeable on how this market behaves or works. To those people who do lack experience and knowledge will definitely be seeing this to be that the end of the market on which they will really be having those impressions that they are really that needing to cut loss if they have bought on the peak. We are on this bull run year and if you are planning to have some profits whenever the market shoots up then you will be that needing up for yourself to be that wary about into the actions that you are making.

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Re: Best time to purchase BTC
« Reply #174 on: March 18, 2025, 02:50:00 PM »
I think it's perfectly fine for someone to give advice on buying Bitcoin at any price. However, it's better to save up money first and wait for the right time to buy. For example, right now, Bitcoin has started to show a price decline, and it's a good opportunity to make periodic purchases. Avoid buying all at once because there is still potential for Bitcoin's price to drop further.


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Re: Best time to purchase BTC
« Reply #175 on: March 18, 2025, 04:04:35 PM »
This is also another reason why gives most priority to bitcoin investment than altcoin because they can't be predictable and could collapse at any given time if not properly planned on how you could do your investments or how you should choose your coin while doing investment. Bitcoin is the most preferred and reliable coin even when the market is dipping you could buy and hold and expect the market to rise back without entirely collapsing, and even as that there are all chances and possibility it would rise above expected.

Altcoins aren't predictable and can't be trusted but if you get the chance to buy and hold them when the price is lower, you will enjoy them more than you will do when you buy and hold Bitcoin but this is only for short term. If you at going got a long term pattern of holding coins, then Bitcoin is the best coin you should invest your money.

You can diversify your portfolio, divide your money into two and use half to buy Bitcoin, then use the rest of the money to buy altcoins and these altcoins must be coins that are promising and have future for growth and development.
For safe investment it's important to have 10-15 percent funds allocation to altcoin while having 85 percent to bitcoin investment as its more trusted and reliable than any other coin, and of course most time altcoin could be proven to be that profitable but, when you don't plan well or invest in the right coin you could end up losing all that you have because it extremely volatile and as you said only for short term projection.

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Re: Best time to purchase BTC
« Reply #176 on: March 18, 2025, 04:52:09 PM »
I think it's perfectly fine for someone to give advice on buying Bitcoin at any price. However, it's better to save up money first and wait for the right time to buy. For example, right now, Bitcoin has started to show a price decline, and it's a good opportunity to make periodic purchases. Avoid buying all at once because there is still potential for Bitcoin's price to drop further.
The right time to buy bitcoin is when you have the discretionary income, aside that waiting for the right time when the discretionary income is there is not advisable because the investor stands the chance of losing many markets opportunities while waiting for the right time. With the DCA strategy you don't have to wait until you are able to save up to $1m  before you start accumulating bitcoin,with as low as $10 you can start accumulating bitcoin using the dca strategies continuous, persistently and aggressively

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Re: Best time to purchase BTC
« Reply #177 on: March 18, 2025, 08:51:04 PM »
DCA is definitely a good strategy.  If one wants to make overnight gains then one must face losses.  Remember that guy who was investing $30 a day in his Coinbase wallet for eight years?  And the investment stood at $80,000 but his current portfolio is over $2 million.
Even after seeing examples like this, most of us who are new to investing in crypto still make mistakes because of the over expectation in a short period. Even I think if someone keeps investing $30 a day or $30 a week regularly for eight years, then I can definitely say that they cannot expect a profit amount.
I always suggest that based on the average person's income, if someone wants to invest in bitcoin, then follow a long-term investment strategy by investing at least $10 weekly.

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Re: Best time to purchase BTC
« Reply #178 on: March 19, 2025, 08:38:27 AM »
DCA is definitely a good strategy.  If one wants to make overnight gains then one must face losses.  Remember that guy who was investing $30 a day in his Coinbase wallet for eight years?  And the investment stood at $80,000 but his current portfolio is over $2 million.
Even after seeing examples like this, most of us who are new to investing in crypto still make mistakes because of the over expectation in a short period. Even I think if someone keeps investing $30 a day or $30 a week regularly for eight years, then I can definitely say that they cannot expect a profit amount.
I always suggest that based on the average person's income, if someone wants to invest in bitcoin, then follow a long-term investment strategy by investing at least $10 weekly.

Nah, 5-10 years is the way to go, you would be a king if you hodl for such an amount of time, and the profit would be there.

Just keep on stacking, we will make it  8)

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Re: Best time to purchase BTC
« Reply #179 on: March 19, 2025, 03:03:27 PM »
I think it's perfectly fine for someone to give advice on buying Bitcoin at any price. However, it's better to save up money first and wait for the right time to buy. For example, right now, Bitcoin has started to show a price decline, and it's a good opportunity to make periodic purchases. Avoid buying all at once because there is still potential for Bitcoin's price to drop further.
The right time to buy bitcoin is when you have the discretionary income, aside that waiting for the right time when the discretionary income is there is not advisable because the investor stands the chance of losing many markets opportunities while waiting for the right time. With the DCA strategy you don't have to wait until you are able to save up to $1m  before you start accumulating bitcoin,with as low as $10 you can start accumulating bitcoin using the dca strategies continuous, persistently and aggressively
Yes, that is a strategy that many people use to buy Bitcoin, but some still have doubts about where and when to start. As for me, I can't use the DCA strategy because my income from crypto is unpredictable. I only make purchases when I have extra money that I earn from various events. However, I don't use all of my earnings to buy Bitcoin, some of it goes toward my living expenses. Maybe someday, when all my living needs are fully met, I will start saving Bitcoin.


 

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