Ninjastic
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Board Bitcoin Discussion
Re: Is it the right time to invest in Bitcoin?
by
boyptc
on 05/11/2023, 23:34:50 UTC
Quote from: TelolettOm on Today at 11:10:30 PM
Quote from: boyptc on Today at 10:36:56 PM
Quote from: fenixosup on Today at 03:05:13 PM
The best time to invest in btc was yesterday. The second best is to start dca before new ath. So, you still have a plenty of time to begin with
I have seen a couple of posts like this on social media influencer accounts that are into crypto. The same, they say that the best time was like a century ago or a couple of years ago.

And the second best is right now and yes, that's before the new ATH and halving comes.

These words are going to be the same again if told to the new investors if they feel that Bitcoin is kind of expensive by that time.
Exactly, we have seen many times.
Why are so many people hesitant to invest in Bitcoin and always ask the same questions several times, especially when the Bitcoin price is in a bearish phase like this? while many of them don't even hesitate to invest in Bitcoin when the price of Bitcoin is soaring drastically? They are even too afraid to invest in Bitcoin when the price is still low, and instead they are eager to invest in Bitcoin when the price soars. This is a little funny. even though times like this, especially in the bearish phase of the era, are actually a very good time to invest and increase Bitcoin accumulation. So we can prepare it for holding and hope it will rise significantly during the bullish era. Or when we will hold several periods.  Grin
Although I don't that we're bearish at this moment.

They think that they're too late already and that's why they doubt that they should invest right now. But it's a good timing that they have asked because we've got a lot of things happening in the market already. And with such, that should be the factors they need to consider to invest.

Quote from: n00ber on Today at 11:15:46 PM
Quote from: boyptc on Today at 10:36:56 PM
Quote from: fenixosup on Today at 03:05:13 PM
The best time to invest in btc was yesterday. The second best is to start dca before new ath. So, you still have a plenty of time to begin with
I have seen a couple of posts like this on social media influencer accounts that are into crypto. The same, they say that the best time was like a century ago or a couple of years ago.

And the second best is right now and yes, that's before the new ATH and halving comes.

These words are going to be the same again if told to the new investors if they feel that Bitcoin is kind of expensive by that time.
We cannot go back and fix the past, if we don't buy now, we will never get a second chance. In my opinion, newbies should stop asking questions like this and instead learn about bitcoin and they will know whether to buy bitcoin or not. They should buy now, or should skip bitcoin and not invest in it if they still think it is too late to invest. Because 10 years later if they come back with this question, they will still get the same answer: invest from now on.
I believe that there's always a chance but the other chances in the future might be better as what we have right now. Because we never have the chance that we've got 5 years ago, 10 years ago or so.