Quote from: GigaBit on Today at 09:13:35 PM

Quote from: Gooner0 on January 22, 2025, 06:39:01 AM

A lot of people feel it's best to buy Bitcoin during a dip, others feel quite the opposite.
But the fact is there is no Best time to buy in the market, but rather a right time for you to buy!

A person has left over after their monthly expenses if he gets the opportunity to invest that money for the long term, then I think he should invest that money as soon as he gets it. Many people may suggest that the right time to invest is when Bitcoin reaches a dip. I definitely have a different opinion against such a statement because those who wait for Bitcoin's dip will definitely not find the dip. If we want to buy Bitcoin at the price of a few years ago from the current time, then it is not possible for everyone to buy it. Especially, we will not get the price of Bitcoin to 30k or below even if we want, but if the demand for Bitcoin increases further, there is a great possibility that the price of Bitcoin will be higher than the current price. For this reason, I must say that if you have the ability to invest for the long term, it is appropriate to invest in Bitcoin as soon as possible.

The suggestion about buying bitcoin when it reaches its lowest price is a little difficult because we won't even know the lowest point at what price benchmark, so instead of trying to wait for something that might even be difficult to happen it would be better as long as we have money to buy then just buy bitcoin so that we don't miss the train because we wait too long and choose the price that we consider to be the lowest point for bitcoin itself.

Not that it is the wrong thing but for me it is less effective even though maybe all have their own standards and buying strategies but for me personally I prefer to buy bitcoin when I can afford to buy it without having to wait at a certain price or maybe the lowest price of some people's version because for me as long as the goal is long-term it will be the same because when indeed we have money back to invest in bitcoin when the lowest price we can still buy again and again according to our ability of course.