Post
Topic
Board Bitcoin Discussion
Re: When is the best time to buy?
by
Wakate
on 15/02/2025, 15:49:32 UTC
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!

Buying during a dip yes is quite strategic but you'll also miss a lot while waiting for a dip.
 Everyone should buy according to their financial capabilities, if you don't have much to buy, and decide to wait for a dip is alright, and if you are financially capable to buy at anytime it's still alright.
N/b you cut your coat below your size and not according, if you want to be a success!.


Even though you make more profit from buying the dip, there’s no reason for an investor to wait for the dip before buying, the dip might never happen so why waste time when profits no matter how small can be made. Also, who would think the opposite that it’s best to buy the top. Just like you said there is no best time to buy because it can be bought at any time. Another strategy is buying at a specific interval, through this compunded  profits can be made.
The best time to buy and hold is now because we don't know what will happen in the market. Price could keep going bullish while you are still waiting to buy at the dip. The dip is one of the best pont to make profits from the market and at the same time, it could be somehow difficult to predict where and when we are at the dip. You might not know the best time to buy it you are actually looking to buy at the dip. The dip will always come for us especially if you understand the market movement and structure very well. Traders are easy to spot these dips but sometimes it might not really look like a dip, maybe a fake out that could look like you are actually buying the dip when price keeps going down.