Post
Topic
Board Bitcoin Discussion
Re: Who says it's too late to buy Bitcoin?
by
Frankolala
on 16/03/2025, 15:15:07 UTC
I'm not sure if the current price is a good price to buy. If you understand the pattern of the cycle, you must be aware that we are possible to drop again below $80k. I think the safer area to buy Bitcoin when the price is around $65k - $75k. In my personal analysis, this is the possibility of dip price before the price may increase again gradually in the middle of 2025. Sure, we don't panic because there should be a chance for Bitcoin price increasing again. If we learn the pattern of Bitcoin price chart in 2021, we aren't in the end of bullrun season. There is still enough time for Bitcoin to grow again.
Price on the range of $70k and above still shows that we are still under the bull market on my side, but that’s does not mean that it’s not a good time to buy, unless you are targeting a fast profit when price get back to above $90k you plan to cash out which you might still never get a good entry point if you are seeing now as not being the right time to buy, their is no crime in trying to buy lower than current price but that should not be an idea to sell out to others as it might discourage them from ever buying thinking the best buying price is yet to come.
Is there any special time to buy... NO. Waiting for the dip will do more harm to you than good because new investors don't need to wait for the dip before buying. Every price is the best price to accumulate bitcoin, because bitcoin is a long-term investment that needs time to build and grow to a certain level of your choice. No one knows the next price of bitcoin, which makes it very dumb to presume that waiting is the best strategy to accumulate bitcoin.

A new investor shouldn't think of selling but only buying with DCA for a very long time like 4-10 years and more because he has little or no bitcoin. Bitcoin is not what we should see as a trading tools because it's unethical to start gambling with the little funds that you are suppose to invest in bitcoin and hodli. Anyone targeting a fast profit feeling that he can outsmart the market might end up targeting a big loss because trading is very risky. It's people that think very small that prefer trading to investing.

Think BIG, think long-term investment so that you can be among those that will be will be happy in future with their bitcoin investment when they have seen how big the size is and profit. Don't be among those traders that will be regretting their actions for being carried away over little profit that's under probability with a lot of risky of losing your money attached to it.