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Best time to buy bitcoin

  • Thread starter Thread starter Nimra Saeed
  • Start date Start date
The best time to buy Bitcoin for me is when the price drops to below 20k dollars again. I don't wanna take the risk right now because it doesn't look like the whales are done dropping their holdings yet.
It might now happen but atleast my money is safe 😆
 
According to multiple analyses on average daily bitcoin prices, Sunday and Monday are the best days to buy BTC. The sole reason behind this statement is that prices tend to be at its lowest in those days.Recent data shows that Sunday evening is the best time to buy Bitcoin (BTC) according to Capriole digital asset manager Charles Edwards. As shown below, historically, BTC saw higher returns on Sunday evenings into early Monday morning. Edwards said: “Bored on Sunday at midnight?
 
The best time to buy Bitcoin is usually after a big correction as then the chances of seeing you losing value in dollars is lower. If you want to enter at the best period and not see you losing value in USD you should enter in the beginning of a bull market just as what is happening right now in the end of 2020
 
even though what he is saying is the truth but you come and see the badside of it that if you invested 20000 naira on a trade and the trade comes against you and you need to wait for months for you to recover your capital with profit then that means you'll be tighting down your capital that you could have used to trade other coins and make a good reasonable profit during that time of waiting.
Your thought is reasonable, that time he used to invest on such coin with his funds. Maybe he could have used it to invest on another coin with higher value to rise than the one he opted for, and waiting such kind of time yo make profit.
 
The Bitcoin break out is now confirmed by the strong bullish close above the range high area of 10,500. The trade idea that we shared at 9225 reached its third target in the 10,600 area which came to an average profit of almost 1K points.
 
There is always a saying, buy the fear, buy the dip, buy the read and wait for profit. Most bitcoin traders believe the best time to buy bit lcoin is when is going dow.... While others act contrary to that, they buy when is going up, believing it will still go up..

I am in the category of people who buy the deep, like the deep deep, hoping for profit.
 
The best time to have bought bitcoins was when it came out and the next best time to buy it is during retracement during this season where bitcoins goes up and comes down on a regular.
 
I think it should be in reverse. You should buy when the price is low and sell when its high.

If you buy at a high price, that will just lead to losses, since crypto is unpredictable and there is no guarantee that the price will rise higher than that, so you can make a decent profit.
According to multiple analyses on average daily bitcoin prices, Sunday and Monday are the best days to buy BTC. The sole reason behind this statement is that prices tend to be at its lowest in those days.
 
Your thought is reasonable, that time he used to invest on such coin with his funds. Maybe he could have used it to invest on another coin with higher value to rise than the one he opted for, and waiting such kind of time yo make profit.
do you still think this mode of opey is actually necessary ? because sometimes if the the trade is going against you then you should just count it as a loss and stop the trade that for you to wait for months which will be tightening down your capital ,a capital you could have invested in other coins with good potential, I don't think this way is actually the best I don't know what you might think about it .
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Your thought is reasonable, that time he used to invest on such coin with his funds. Maybe he could have used it to invest on another coin with higher value to rise than the one he opted for, and waiting such kind of time yo make profit.
do you still think this mode of opey is actually necessary ? because sometimes if the the trade is going against you then you should just count it as a loss and stop the trade that for you to wait for months which will be tightening down your capital ,a capital you could have invested in other coins with good potential, I don't think this way is actually the best I don't know what you might think about it .
 
do you still think this mode of opey is actually necessary ? because sometimes if the the trade is going against you then you should just count it as a loss and stop the trade that for you to wait for months which will be tightening down your capital ,a capital you could have invested in other coins with good potential, I don't think this way is actually the best I don't know what you might think about it .
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do you still think this mode of opey is actually necessary ? because sometimes if the the trade is going against you then you should just count it as a loss and stop the trade that for you to wait for months which will be tightening down your capital ,a capital you could have invested in other coins with good potential, I don't think this way is actually the best I don't know what you might think about it .
Not the best one too, I don't see any reason why I will allow such kind of trade to run up to that duration of time. When I have other meaningful things to invest online and warn. Even if the amount displayed on the trading platform is lower than my capital I will cut it off to use it for trading on other meaningful things better off by far than just waiting.
 
According to multiple analyses on average daily bitcoin prices, Sunday and Monday are the best days to buy BTC. The sole reason behind this statement is that prices tend to be at its lowest in those days.Recent data shows that Sunday evening is the best time to buy Bitcoin (BTC) according to Capriole digital asset manager Charles Edwards. As shown below, historically, BTC saw higher returns on Sunday evenings into early Monday morning. Edwards said: “Bored on Sunday at midnight?
This might be correct , the challenge is that we have different time zone, I wouldn't know if we are to calculate the time for when it will be Sunday in the US by our time and each person try to buy when it is Sunday in his or country. Strategic timing is necessary to buy bitcoin.
 
Not the best one too, I don't see any reason why I will allow such kind of trade to run up to that duration of time. When I have other meaningful things to invest online and warn. Even if the amount displayed on the trading platform is lower than my capital I will cut it off to use it for trading on other meaningful things better off by far than just waiting.
Even me I was also thinking of this way but our master said that in any trading platform we do business with we must not accept defeat that we should try and wait as much as possible that is always the patient dog that to eat the fattest bone.that is what he told us.
 
Even me I was also thinking of this way but our master said that in any trading platform we do business with we must not accept defeat that we should try and wait as much as possible that is always the patient dog that to eat the fattest bone.that is what he told us.
That's a nice idea too, it depends on how much I'm waiting for and how much I'm losing at the moment. If it's an amount very large close to my invested funds, then I won't be cutting short. I will gently wait for it to enter the profit point.
 
That's a nice idea too, it depends on how much I'm waiting for and how much I'm losing at the moment. If it's an amount very large close to my invested funds, then I won't be cutting short. I will gently wait for it to enter the profit point.
Even if it takes a lot of time ? Will you still wait for this to happen ?
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The best time to buy bitcoin is now because it is almost certain to go higher than it currently is. Though the price of Bitcoin is currently very high at $34000, it's predicted to go beyond $50,000 pretty soon so there is still a high profit margin to make before it get to it's predicted price soon.
As at now the price of bitcoins is completely unpredictable do you think buying bitcoins now at the current price for long-term investment is the best decision because I wanted to relax for bitcoins to drop more so I can buy but do you think buying now is the best decision for me ?
 
Even if it takes a lot of time ? Will you still wait for this to happen ?
[automerge]1610661828[/automerge] good, I wait even more than six months to get my capital investment. Cos I can't let go easily, after such decrease in my coins value. The best thing is to wait to see if it will gradually increase in the future.

As at now the price of bitcoins is completely unpredictable do you think buying bitcoins now at the current price for long-term investment is the best decision because I wanted to relax for bitcoins to drop more so I can buy but do you think buying now is the best decision for me ?
 
Well according to multiple analyses on average daily bitcoin prices, Sunday and Monday are the best days to buy BTC. The sole reason behind this statement is that prices tend to be at its lowest in those days and you should try and learn to read the crypto chart so as to predict when the price will fall and rise, this will help in making better decisions
 
It's not advisable to buy any cryptocurrency when the price is high, because there's a probability that you might lose money if the price drops. Although if you feel that a particular cryptocurrency cannot go below the price it was currently, then you can buy.
 
According to multiple analyses on average daily bitcoin prices, Sunday and Monday are the best days to buy BTC. The sole reason behind this statement is that prices tend to be at its lowest in those days.
I've never really studied the price movement that way.

The way I buy bitcoin is when it drops for at least a day, like the recent one. Since it's a long-term investment for me, not trading, it works well.

Thanks for this update.
 
You need to study the market where Bitcoin is sold very before investing in Bitcoin.

There is no one that can make profit in Bitcoin without experiencing loss.
When you buy product when it is cheap and sold it when it is high you will make profit.
The best time to buy Bitcoin is when it is low and wait until when the price goes up.
 
Buying crypto is like going in to a trade. Mnay have started long before you but it doesn't stop you from entering and making your own gain.As long as there is demand and available market then. there will be entry and exit in such commodity market. Now, buying crypto at a favourable entry time does not mean you wont make a loss in future. Its all the usuall with business and its up and down and crypto market is not different.
 
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