Is now the right time to buy and hold BTC for the long term?

[emmawinslet999]

Is now the right time to buy and hold BTC for the long term?

[..::. o.Z.o.n.e .::..]

vor 16 Stunden schrieb emmawinslet999:

Is now the right time to buy and hold BTC for the long term?

You have the choice—So please don't ask others to make it for you. – ( link ) ;o))

[Jokin]

vor 17 Stunden schrieb emmawinslet999:

Is now the right time to buy and hold BTC for the long term?

It was, it has been, it is and it will be.

Bearbeitet 16. Oktober 2023 von Jokin

[Peer_Gynt]

vor 16 Stunden schrieb emmawinslet999:

Is now the right time to buy and hold BTC for the long term?

Basically Yes.

What's the right time in your opinion? Do you want to avoid falling rates? Nobody knows.

Check the 5y- und 9y-charts and you will see, that the current prices are low, i.e. rising prices are supposed to be ahead.

If I thought about when to start, I would invest about half oder two thirds of my budget now.
The remaining part later, depending on whatever happens...
 

[Sophopt]

When the Bitcoin Power Oscillator is below the median, it's always a good time to buy.

Zitat

The Power Oscillator takes the historical price data of Bitcoin as input. The oscillator has a range of 1 to -1 and describes the log-price deviation between the current market price and the power-law fit from the beginning to now¹. The interpretation of the Power Oscillator can help to see if Bitcoin is relatively under- or overpriced at a particular point in time².

Bearbeitet 16. Oktober 2023 von Sophopt

[Aktienspekulaant]

vor 21 Stunden schrieb emmawinslet999:

Is now the right time to buy and hold BTC for the long term?

Is it the good time to buy and hold the s&p500 or the Dow Jones 30 for the long time? 

I habe no idea, but i buy and hold both btc and s&p500 and dj30.

Maybe i am wrong. Future will tell.

[alesoft]

I think that now is not good moment to buy BTC. Some meme coins maybe.

[leaelui05]

Given the current market conditions and Bitcoin's potential for long-term growth, buying and holding BTC could be a consideration for a diversified investment portfolio. However, it's important to recognize the risks associated with its volatility and to invest only what you can afford to lose. I referred from here

[koiram]

My OPINION:

In the long term (over 4 years): Yes.
In the short term (approx. 1 to 2 years): https://charts.bitbo.io/power-law-oscillator/