Post
Topic
Board Bitcoin Discussion
Re: Best time to buy Bitcoin is around the time of Bitcoin Halving: April 22, 2024
by
Crypto Library
on 18/01/2024, 16:11:30 UTC
The months leading up to the Bitcoin halving is when Bitcoin prices is at it's lowest.

Anyone new to Bitcoin needs to buy from now until the halving. Bitcoin prices always go up after the halving from 2016, 2020 and now 2024.

Unfortunately, most people will only buy during the Bitcoin bull run hype during 2025 when the prices are at an all time high. Which is the worst time to buy Bitcoin.

I think until they can't afford, it is always the right time to adopt Bitcoin for those who are holding Bitcoin for long-term. Among the long-term holders, you will find several types of long-term holders, some may be holding for one year, some for four years and some for 10 years. Those who are genuine long-term holders are always holding Bitcoin whenever they get the chance.
For those who invest in Bitcoin only focusing on the bull-run, now is definitely the opportunity to buy Bitcoin because I also think that the price of Bitcoin will be around 40k to 50k range in 2024. Moreover, if you look at the past history, Bitcoin always start bull market during its halving period end. So I would say that whole 2024 is the best time to buy Bitcoin not just the first quarter.