Ideal Time to Invest in Bitcoin

[Robust]

Most people were looking for the idea time to invest on cryptocurrencies since 2021 and the idea time has come which is now because cryptocurrencies has really dropped.

 

[tyrim88]

There is a high level of drop in the prices of cryptocurrencies right now, but this does not guarantee anybody they are believed to make profits and so it is important to do research first.

That is one of the things in the cryptocurency market that makes it very dynamic,because when the price fluctuate it is actually an oppourtunity for someone to get good returns,whether you are selling or you are buying.

 

[Chibson]

If you are an investor during bear season is the best time for you to invest in Bitcoin if not you may not be able to make profit on the long run. so many people always make mistake of investing in Bitcoin whenever it is pumping.

 

[Smiles20]

Your vision and commitment is going to prove us the most important thing in university in cryptocurrency and that is why you are supposed to look at it on a long-term and not short-term.

 

[HayKay]

BTC has proven over time to always bounce back strongly and I feel this time wouldn't be any different given it has proven to be the most valuable crypto currency alongside ETH. Investing in it now is a great idea

 

[Popular]

No there is no particular time or season which you can start investing on Bitcoin what you can do is to wait for it to drop before buying so that when it rises you could make your profit it all depends on the function of it on the charts as prices keeps fluctuating.

 

[glitch]

I don't know if there is an ideal time. I guess investing now while it is down is a smart idea but it may drop again.

Who is to say? I would say to just invest when you have money you CAN invest. Don't invest money at a loss.

 

[Potuse]

Following the Bitcoin dynamics, the time to buy bitcoin is when the price is down and you would have to keep holding it till the price goes up. This is when you will make most of the profit.

 

[Nomad]

Normally, people will tell you the ideal time to invest in Bitcoin or in any market is now. However, if you had invested in bitcoin in November 2021, you would have made a substantial loss. Currently, it is at $26K, so you can assume it is good time to invest. What of in a couple of days it drops to $10k?

 

[Riberet19]

Generally and if we look at the history of Bitcoin we will realize that the best stage to invest in Bitcoin are in the bear markets, just in which we are at the moment, due to the fact that Bitcoin usually touches minimums in these periods and then a massive bull market has come, but this could change at any time and investments in cryptocurrencies have a lot of risk and at any time could not give the yields we expect.

 

[Nomad]

Yes, the best time to invest in Bitcoin is when the market is bearish. However, sometimes you don't know when that will come and you end up investing when the market is bullish. IN 2021, a lot of people were saying that bitcoin will soon cross $100k as the currency was bullish. Therefore I continued investing and I was even buying when the price was $65k. I would have been on the profitable side by buying at $65K had bitcoin reached $100k. But the rest is history.

 

[Riberet19]

Yes, the best time to invest in Bitcoin is when the market is bearish. However, sometimes you don't know when that will come and you end up investing when the market is bullish. IN 2021, a lot of people were saying that bitcoin will soon cross $100k as the currency was bullish. Therefore I continued investing and I was even buying when the price was $65k. I would have been on the profitable side by buying at $65K had bitcoin reached $100k. But the rest is history.

Yes, sometimes greed leads us to make wrong movements, it is normal when you only see green candles in the market, our mind is clouded, but well you can always take it as a lesson learned so that in the next bull market you are more cautious and once the bag is full, get off the boat, in fact I also made some mistakes, but luckily I didn't buy above 48k

 

[Nomad]

Yes, sometimes greed leads us to make wrong movements, it is normal when you only see green candles in the market, our mind is clouded, but well you can always take it as a lesson learned so that in the next bull market you are more cautious and once the bag is full, get off the boat, in fact I also made some mistakes, but luckily I didn't buy above 48k

Even though I made a huge mistake while investing in Bitcoin. I was able to make profits with other coins., For instance, I bought doge coin for 10-32 cents and I sold it when the price hit 70 cents. I bought ETH for $1200 and sold when the price crossed $4000. When it comes to investing in crypto, we need to diversify. While long term investment on bitcoin is good, however, if you are trying to make quick profits you need to diversify your investment.

 

[Heatman]

If you don't have any knowledge on cryptocurrency price movements, you will never know when is the right time to invest in Bitcoin or any other coin. The only way you will have to go with is invest and leave the money for a very considerable long time. Analysis have shown that Bitcoin will be very bullish by next year 2024. We all assume now might be good to invest.