Post
Topic
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Re: Best time to buy Bitcoin is around the time of Bitcoin Halving: April 22, 2024
by
criptoevangelista
on 19/01/2024, 17:07:12 UTC
⭐ Merited by Lucius (1)
I don't agree with this, because if you follow this logic, it will never be worth investing in bitcoin, as it is always appreciating.... imagine if I had thought in 2022 that BTC was worth 1 USD a few years earlier, why would I Would you buy it for 16 thousand dollars? It wouldn't make sense.
You should think about the fundamentals that make it valuable, not the price of the screen. DCA always!


You can disagree with what I wrote as much as you want, but the OP literally claims "Best time to buy Bitcoin is around the time of Bitcoin Halving: April 22, 2024", which literally means what it says - and that is that the best time to invest in Bitcoin is around the time of the halving, and I claim that there is a much better time for those who consider Bitcoin only an investment and nothing more.

This is not about DCA as you think, but about wrong advice to all those who will read this. For maximum profit, you buy at the bottom, not when the price is three times higher than that.

Really, after your explanation, your previous answer makes complete sense.

I only considered the price region and not the exact day and time. Seen from this point of view, the OP is really completely wrong, it is impossible to give a specific date to buy with that precision.

Because the theory of cycle dynamics is completely different, there are many, many variables along the way.