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Quote from: BuNga_cute on November 13, 2021, 09:45:11 AM

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Quote from: martina14 on November 13, 2021, 02:41:07 AM

Quote from: Chris1520 on November 11, 2021, 06:50:12 PM

Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».
Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.
What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !

In my own assessment, the price of bitcoin for the last month the price moved only in between 55000$ to 63000$ something. And now when November came in the price suddenly moved again in between 60, 000$ to 68000$, and there is a prediction also that before end of this month the price will turn into 90,000$ something, So I think, the price value so far still cheap in my own opinion.

Actually, if we watch bitcoin price movement, the price increase steadily although not jump directly so I think it is good for the price to reach every high price step by step.
But a few days ago, we saw the price jump from a lower price to a higher price and reach $68k-$69k but then, the price is back to the lower price.
And now, the price is at $64k, which is good to buy or you can wait for a while because the trend is down and maybe there will be another correction that can come tomorrow.
If you are okay with buying right now and consider buying more if the price still goes down, that will be a good decision as you can have more bitcoin.

Buying Bitcoin now is quite good in my opinion, because it is likely that the price of Bitcoin will indeed rise again in the near future.
So I highly recommend buying at a price of $63k-$65k, or if we want it to be safer, we can buy Bitcoin in stages. That means don't use
all the capital we have to buy Bitcoin at the current price, we can buy using 50% of the capital we have. We can save the rest first in stable coins,
so as not to be affected by a volatile market. If it turns out that the price of Bitcoin is getting lower below the price of $63k, we can buy
more Bitcoin with the remaining capital we have. But my prediction is that Bitcoin will not drop below the $60k price, because the Bitcoin support
price is very strong at $60k.

Yes, it is a good decision to buy bitcoin now but they do not have to buy at once because the price is still too volatile and can drop anytime.
They need to diversify their order buy too many low prices so they can get bitcoin at various low prices and if they can do that, they can do swing trading besides long term trading because that can give them a chance to make a profit in a short time.
I always suggested buying bitcoin in stages because that can reduce our panic when the price is down and we can get more amount at a low price.
Hopefully, $60k will be the support price to hold, not going down for more.

Indeed. Make sure if you'll going to buy, buy it during dip and sell if when prices pump. Buying Bitcoin now is quite good in my opinion, because it is likely that the price of Bitcoin will indeed rise again in the near future. But, you should mind off about the risk because this is something that do need up some consideration because there's still some risk on such decision you would make.