What's the BEST Time to Buy BTC?

“Bitcoin is going to $10,000”, that is what Tim Draper said in 2013. Exactly 3 years later Bitcoin went from $200 to $10K. But, Tim Draper is no God, and not all his predictions have been correct. In his latest BTC prediction, he said BTC = $250K.

Whether this happens or not. One thing is sure. Halving is less than a year away & BTC ETF approval is on the way. So Bitcoin is going to rally hard, harder than ever. Ok, you all know that. But do you know when exactly should you start to buy Bitcoin or are you already too late? This is the most important question and no one is answering this. Not even Tim Draper. But someone knows. Let us see what does he have to say.

Best Bitcoin Strategy: 6 Months Before

There are a few people who advocate this first theory for today. As you know, with Bitcoiners, many believe you can never have enough of it and you should be constantly stacking just like Microstrategy. And we agree.

But, there is a more specific theory out there that helps us understand when is the right time to buy. The biggest advocate of this theory is Plan B. Plan B, a former quant analyst and institutional trader, is the guy behind the “Stock to Flow” model that you may have heard of before. 

Stock is how much coin is there. Flow is how much new coin is added. It used to be a measurement only for commodities like gold. But Plan B brought it to Bitcoin too. But Stock to Flow is not his only theory. He believes that Bitcoin moves in 2-year cycles that mostly surround the 4-year halving events.

So, this time around the net Bitcoin halving will be in late April or early May at the latest. The projected date is April 26th, 2024 for now. What is this 2-year cycle? Does this mean you should have been buying in 2022? Are you too late for the party? Well, maybe not. 

More About Bitcoin Strategy

The theory is that the dominant bull cycle for Bitcoin starts 6 months before the halving event. Then it goes for 2 years. This means then the bull cycle ends 18 months after the halving event. So far, the theory has been accurate.

This means that one of the best times to buy Bitcoin will be in late October of this year. That’s 6 months before the late April halving will take place. But as I said that will be one of the best times to buy. What could be the 2nd best time? I will quickly come to that because that is what smart Bitcoin investors are doing. 

IF YOU PLAN TO BUY BITCOIN, WHY NOT TRY AB EXCLUSIVE BYBIT SIGN-UP?

Coming back to Bitcoin Remember, at the halving the block reward gets cut in half. From 6.25 BTC every block to 3.125 BTC every block. People think the halving is priced into Bitcoin but it never is. And that’s why this theory has been profitable so far. Price goes up into the halving and stays there a while.

So that’s a good tip for you in case that’s some new info. And, as we know, alts follow Bitcoin’s lead so while you should definitely buy some Bitcoin then, it’s probably a good time to buy alts too. Have you heard of the Stock to Flow model before? If so, what do you think of it? Let us know in the comments below.

2nd Best Time to Accumulate: Now

As the saying goes from up at the top, the 2nd best time to do something is now. And that applies here too. Want to see the proof? Take a look at this. Whales are doing what they have to do. But see what the Shrimp, Crabs, and Fish are doing. They are absorbing more than 208% of the monthly mined supply of Bitcoin. If you do not know let me tell you:

  • Shrimp are the ones who hold less than < 1 BTC
  • Crabs hold  1-10 BTC and Fish holds 10-100 BTC

See the fact is that no one, and I mean no one, can time the market. Anyone who says they can be lying to you and/or trying to sell you something. We know we cannot time the market.

But we do know that we won’t miss the huge market gains if we are in the market now. How many times in crypto have you seen a project you liked but didn’t pull the trigger? Then a couple of weeks later it’s up 200% and you think you missed your chance.

We know that feeling and we hate that feeling. Don’t miss when the bull market starts and those gains by trying to time the bear market bottom. If you get in, then you are guaranteed to take part in the returns that come with market gains. So, if you’ve been dollar cost averaging into this market already, then you are well ahead of most. If you haven’t, now is a great time to start. Prices are down. While it could stay that way for a bit longer, better market conditions are here and the bull will be returning.

So it’s sensible to buy the projects you like now while prices are lower. The same applies to lumpsum investing but of course, you don’t have any extra dry powder if prices dip again. That said, if you are either lumpsum investing or DCA investing, they are both good strategies to get started with now. Prices will not stay at these levels much longer.

Maybe it makes sense to combine both strategies. You could do that by doing a DCA plan for the next 4 months until late October. Then, you could make a lumpsum investment then based on the Plan B trading theory. Then, you get the chance for the double benefit of earning now and getting money invested later.

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