Post
Topic
Board Bitcoin Discussion
Merits 3 from 1 user
Re: Who says it's too late to buy Bitcoin?
by
ChocolateBitcoinK
on 04/03/2025, 23:13:15 UTC
⭐ Merited by GIF-JOBS (3)
Any time is good but buying during peaks still is not a wise thing to do. Why should someone buy Bitcoin at 100K when there will definitely be a much better possibility? Anyways, it's not a bad idea but it's not the best idea too. At the moment it costs 86K and I think it's a very good time to buy it. We already tested its potential, which is 109K. Bull cycle has just started, so I'm sure we are guaranteed to see it going up to 100K and even further, probably up to 150K or 190K.
Are you tying to say the price of bitcoin is not going to exceed $100 again? And people should not bother to buy again.  If you think people shouldn’t buy now and wait for sometime to buy what is the essence of waiting and buying?. If you say people who are buying to make quick profit shouldn’t buy it is understandable. For those who are going for longterm they can buy at all time , no need to wait because the value of bitcoin and won't be the same in the future.
Since market volatility is a natural thing, if someone invests with the hope of quick profits, then he can suffer a big loss due to market volatility. Because the short-term market will not follow your assumptions. The market moves according to its own will, that is why the investor has to deposit Bitcoin by using the right goals and the right strategy. The best strategy is DCA, in which one has to continue investing continuously without worrying about the market fluctuations, no matter the price. Through this, a very good regular Bitcoin portfolio can be created. For a long-term investor, market volatility is not a matter of concern, because Bitcoin has never been dumped for a long time due to such volatility, it has recovered later and reached new heights. That is why, instead of thinking about short-term profits, only plan long-term investment. Because only long-term holding can lead to real success.