Can I buy bitcoin now or later?

[Ja Sa Bong]

I have some crypto assets, I started building my crypto assets in 2020. However, I have never used fiat money or money from my pocket to invest in crypto, I work on sites that pay via crypto and whenever I receive crypto payment, I try to hold as much as I can. If you are trying to save money every month, you should save as crypto instead of fiat currency.

I don't do it either with my fiat currency except if the money is one I don't have any use for and I know I'm going to spend it carelessly on something which isn't serious. I will use it to invest in cryptocurrency instead of throwing it away on rubbish.

 

[Heatman]

I think that the time to buy bitcoin is when the price is down and bitcoin have started moving up but it is still advisable to buy at this rate because I am very optimistic that bitcoin will surpass the previous all-time high.

You can't be interested in buying Bitcoin when it's in the zone of its all time high. The usual advice is to only buy Bitcoin or any other cryptocurrency when the price is falling and not bullying. Now, it seems like a right time to buy Bitcoin because it's not too far from lowest low it had earlier this year.

 

[Henrywrites]

You can't be interested in buying Bitcoin when it's in the zone of its all time high. The usual advice is to only buy Bitcoin or any other cryptocurrency when the price is falling and not bullying. Now, it seems like a right time to buy Bitcoin because it's not too far from lowest low it had earlier this year.

I agree with you on this. There are a lot of indications that buying Bitcoin now is a great decision to make. I have been trading and know that getting coins during the time of dips can give better rewards for those that have such courage. So, I will advise that people buy Bitcoin now that it is at less than $27k.

 

[Ja Sa Bong]

Bitcoin is still bearish at the moment and it's a good time to buy the coin. You may decide to play smart and wait for the price to come lower but be careful as the market might leave you behind when it doesn't come to the zone you want to buy it from.

 

[Heatman]

I agree with you on this. There are a lot of indications that buying Bitcoin now is a great decision to make. I have been trading and know that getting coins during the time of dips can give better rewards for those that have such courage. So, I will advise that people buy Bitcoin now that it is at less than $27k.

There are some analysis that supports Bitcoin still dipping down to $22k to $23k. I see it as something that's most likely going to happen. I have bought the part I wanted in Bitcoin now but I have set a Buy Limit order at $21k. Should the price of Bitcoin manages to drop down to the zone, my buy will pick up.

 

[ganibade]

I think that the time to buy bitcoin is when the price is down and bitcoin have started moving up but it is still advisable to buy at this rate because I am very optimistic that bitcoin will surpass the previous all-time high.

Your financial objectives and risk tolerance should be in line with your choice to purchase Bitcoin. To choose the ideal time for your purchase, whether now or later, conduct market research, evaluate your investment horizon, and think about speaking with a financial expert.

 

[Ja Sa Bong]

Some months ago, Bitcoin's price was at $30,000, everyone was thinking the bullish market is back but that never was the reality. The price went down to $27,000 and it's now at $25,800. The pattern is that Bitcoin price haven't given the signal to buy. It's still fall and consolidating.