Post
Topic
Board Bitcoin Discussion
Re: Now is the perfect time to invest in Bitcoin
by
Yatsan
on 11/12/2022, 22:52:23 UTC

In my opinion, the all time best period to invest in bitcoin was about 10 years ago and the next best time to invest in bitcoin is now. But a valid point to remember is to have the ability to hold onto the coins for a long time. That’s when investments(bitcoin or otherwise) usually yield maximum profits
There’s always some risk to bear when venturing into investments and that should not deter the young and inexperienced investors to be able to buy and hold bitcoin for the long run.

Why was the best opportunity ten years ago? But what about March 2020, when bitcoin was worth 3k, it was not a great time to buy? And why do you think the best time is now, because the price is now 16k, which is much higher than it was two years ago, I don’t quite understand how you determine the best time to invest, maybe we have different criteria? )
Everyone have their own clear view on when to buy bitcoin, he chooses 10 years earlier was better to bagged bitcoin, although it's price have not pump to this present amount and it course have one of the best entry of bitcoin. Buying bitcoin currently, is also one of good remaining decisions to triggered but we should fully assure of the downtrend of bitcoin before hopping on the projects. there's every possibilities that we can buy the dip, and keep dipping with the dip.
It is really hard to predict the perfect down of the market. Each and every price can be considered as the right one to enter the market. If we were able to enter at the perfect down the time to experience the profit gets lowered. If one enters the market at the top, automatically it'll make the user hold for a long to experience the profit. Rather than looking for an entry, I suggest users to develop the minds to have patience with which it is possible to overcome any sort of market downturn.
The perfect time to invest is when you're ready. As you've mentioned, it is hard to predict the lowest market price Bitcoin could reach and that is true. And that is also why investing once you can afford to set aside such amount, is the perfect time. Once you've entered this market, you must be equipped with the idea of loss possibilities. The market price could either go up or continue to fall down once you invested, and that would be the problem if you are just hoping to earn profit as an investor. Right now, there are still no clear signs of market recovery and it could be months or year before such thing happen; no one knows. So if you plan to invest, could you endure?