Should You Buy Bitcoin or Not? Are You Too Late or Still on Time?

Is It Too Late to Buy Bitcoin?

Okay, time for the main question: Am I still on time and when is actually the best moment to buy Bitcoin?

If you’re hoping for a magical answer that will guarantee you wealth, we have to disappoint you. That perfect moment doesn’t exist. If you asked this question back in 2018, people would have told you that you were the last one to buy Bitcoin. If you ask it today, you could argue that back in 2018 you were still ‘early’. If you asked it 10 years ago, you were also ‘late’. It’s all a matter of perspective, and the scale of the total crypto market. Today the cryptocurrency market is, of course, much bigger than it was 10 years ago, and that’s why there was still massive growth potential back then. But is this different now? Obviously it can’t keep growing forever, and growth becomes exponentially harder as the market gets larger. We’ll explore this together in this article.

Key Takeaways

• The perfect time to buy Bitcoin doesn’t exist; think of it as a long-term investment.
• Use strategies like “buy the dip” or DCA to spread risk and distribute your entry points.
• Pay attention to fundamental (halvings, adoption, regulation) and technical indicators (moving averages, RSI) for extra insight.
• Bitcoin stands out because of its limited supply, transparency, scarcity, and censorship resistance.
• Only invest what you can afford to lose and see Bitcoin as a promising addition to a balanced portfolio.

When to Start Buying Bitcoin?

1. During the Workweek

Even though you can buy Bitcoin any hour of the day, there do seem to be differences. Often we see that the market is a bit busier during typical work hours (when most traders are active). Outside those hours (for example early in the morning, at night, or on weekends) trading is usually calmer and the price can dip slightly.

Some analyses also show that prices tend to make small dips at the beginning of the week and midweek (for example Monday and Thursday). This could be because there’s less trading over the weekend, causing Monday to sometimes start at a lower price level.

Tip:
Take a look at charts over longer periods yourself. Do you spot patterns? That can help you determine whether you see a nice entry point.

2. When the Price Dips

The well-known strategy “buy the dip” is about buying during temporary price drops. The idea: if the price rises again, you pocket extra profit. What often (but certainly not always) happens after a big dip (also called a correction) is that the price bounces back up.

Example:
Let’s say you have $2,000 to invest. You first buy $1,000 worth of Bitcoin at a price of $100,000 and keep the other $1,000 aside. A day later the price has dropped 12% to about $88,000. Because you expect Bitcoin to rise again in the long run, you now invest your remaining $1,000. For that amount you get more Bitcoin than with your first purchase. The next day the price rises again by 7% and ends up at about $94,160. Although this is still below the original $100,000, you’ve already made a 7% profit on your second purchase and lowered your average entry price by buying smartly during the dip.

But be careful: the crypto market is extremely volatile. Sometimes the price recovers quickly, but sometimes it falls further. “Buying the dip” sounds fun, but you have to keep in mind that your investment could (partly) evaporate. So it remains a risk, even though this strategy has often worked out well for long-term hodlers.

3. When the News is Bad

Bitcoin reacts strongly to news. Positive news often pushes the price up, while negative news (for example lawsuits, government regulation, or a controversial tweet) can (temporarily) push the price down.

Some traders therefore use the strategy “buy the rumor, sell the news”. The idea: if good news is expected, the price usually rises before it actually happens. Once the news officially comes out, many people sell their profits, and the price often drops back down.

Those who play these moments smartly can sometimes get in cheaper. But again: it remains speculation.

4. Using the DCA Strategy

If you don’t have enough knowledge, or feel uncertain about choosing the right moment or amount, a commonly used strategy is the Dollar Cost Average strategy (DCA). Dollar Cost Averaging (DCA) is a long-term investment strategy where an investor spreads their investment across multiple periodic purchases. The DCA strategy is one of the most well-known and ‘safer’ ways to invest. In principle, you end up buying both the top and the bottom. Over the longer term, you’re almost always buying at the average price.

Indicator 1: Market Indicators

Before you start investing you can also look at certain market indicators. Think of halving cycles, regulation, price trends, on-chain indicators, and macroeconomic factors. Below we’ll give short examples of what you could look at to get a better picture of the market status.

Fundamental Indicators

1. Bitcoin Halvings
   When you want to determine if it’s a good moment to invest in Bitcoin or crypto, fundamental indicators are an important first step. One of the most striking factors are the so-called halving cycles. About every four years the reward for mining Bitcoin is cut in half. This means fewer new Bitcoins come into circulation, increasing scarcity. Historically, such a halving has often been followed by a period of strong price increases, usually in the 12 to 18 months afterward.

2. On-Chain Data
   It’s also wise to look at adoption and usage. Indicators such as the number of active addresses, the volume of on-chain transactions, and the number of companies or countries actually using Bitcoin or other crypto give a good picture of real demand and societal support. The more usage and acceptance, the stronger the fundamental basis for further growth.

3. Regulation
   Regulation also plays a big role. New laws and regulations can make crypto more attractive (for example by offering more certainty to investors), but can also pose risks if countries impose stricter restrictions. Following policy developments worldwide is therefore crucial. If the rules change in the U.S., this also affects prices in the Netherlands. Never forget that!

4. Institutional Investors
   Finally, there’s institutional inflow. When large parties like investment funds, banks, or publicly traded companies (such as Tesla or MicroStrategy) buy Bitcoin, this can create strong and lasting demand. Think of the introduction of Bitcoin ETFs or companies storing part of their reserves in Bitcoin. Such moves often have a positive effect on confidence and price.

Indicator 2: Technical Indicators

In addition to the fundamental factors, technical indicators also play an important role in determining an entry point in Bitcoin or other crypto. These indicators don’t look at adoption or regulation, but purely at price action and market trading behavior.

1. 200-Day Moving Average
   One of the most widely used tools is the 200-Day Moving Average. This is an average of the price over the past 200 days and is often seen as an important measure of the long-term trend. If the price is above this line, it’s usually interpreted as a bullish signal (or bull market). If the price is below this line it’s often seen as a bear market.

2. The Golden Cross & Death Cross
   The Golden Cross and the Death Cross refer to two lines showing the average price: a fast line of the last 50 days and a slower line of the last 200 days (the average). When the fast line (50-day average) crosses from below to above the slow line (the 200-day moving average), this is called a Golden Cross and is often seen as a positive sign for the market. In the past, this has sometimes been the start of a bull run. When the fast line crosses from above to below the slow line, we call it a Death Cross and that’s usually interpreted as negative. Historically this has sometimes marked the start of a bear market.

3. Momentum Indicators
   In addition to the above indicators, momentum indicators like the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) are also often used. With the RSI you can see whether an asset is oversold or overbought. At an RSI above 70 it’s generally overbought, and at an RSI below 30 the asset is oversold. The longer the timeframe you look at, the more reliable the information usually becomes.

   The MACD is an indicator that shows how two averages of a price relate to each other. The idea is that this helps you see whether the strength or momentum of a trend is increasing or decreasing.

4. Volumes
   Finally, volume is also a crucial factor. Rises or drops accompanied by high trading volume are often seen as more reliable than movements with little volume. High volume confirms that many market participants are involved, which supports the strength of the trend.

Want to learn more about technical analysis? Read more about it here.

Indicator 3: Macroeconomic Factors

Macroeconomic factors also play a role in Bitcoin’s movements. When central banks lower interest rates or inflation remains high, investors often see Bitcoin as a form of protection against currency devaluation. The price often reacts positively to this. The value of the dollar also plays a role: if the Dollar Index rises, Bitcoin often moves in the opposite direction. In addition, sentiment in stock markets, such as the S&P 500 and the Nasdaq, has an influence, because crypto sometimes behaves like tech stocks and moves with their trends. So you also often see that when the stock market experiences huge swings, the crypto market follows along.

The Million Dollar Question: Is Now the Right Time to Buy Bitcoin?

This is the question everyone asks themselves. And to be honest: no one can give you an exact answer. Not even the biggest experts.

What you can do:

• Decide your strategy: are you going for short-term trading or long-term investing?
• Set a budget: only invest money you can afford to lose.
• Do your homework: follow the price, read news, and understand what you’re buying.
• Create an exit strategy: Have a plan for selling before you even start investing.

Many investors choose a dollar-cost averaging (DCA) approach: for example investing a fixed amount every week or month, regardless of the price. This way you spread your risks and don’t have to gamble on that one “perfect” moment.

Why Buy Bitcoin?

Bitcoin has become much more than just a digital coin. For some it’s an investment, for others a hedge against inflation, or even a way to trade more freely outside the traditional banking system. But what actually makes Bitcoin so attractive? We’ll explain below.

1. Limited Supply and Fixed Rules

Bitcoin follows a protocol that cannot be changed: there will never be more than 21 million coins. That maximum is hardcoded and verifiable by anyone. For investors this is, of course, an interesting investment: there is no inflation.

This means that Bitcoin differs from traditional currencies, where central banks regularly print money and thus reduce its value. For many investors, this is precisely the reason to choose Bitcoin: no government or financial institution can artificially manipulate the coin.

2. Scarcity Creates Value

Just like gold, Bitcoin is scarce. The limited supply means that when demand grows, the value often rises.

Example:
Imagine if all Bitcoin were evenly distributed across the world’s population: each person would only be able to own a fraction. So anyone with even a small amount of Bitcoin already owns more than the average person in the world could ever have. This feeling of exclusivity attracts many investors.

3. Full Transparency

With most currencies, citizens have no insight into how much money is in circulation or what decisions central banks make. With Bitcoin it’s different: every transaction can be publicly traced on the blockchain.

This means you’re not dependent on trust in a government or bank, but can verify for yourself how the network functions. For many, this is an important advantage, especially in a time when transparency in the financial system is often lacking.

4. Censorship Resistant and Borderless

Bitcoin is censorship resistant. No one on the network has the power to block a transaction (on their own). There is no government or central party that can influence your personal crypto holdings. The network is decentralized and cannot simply be shut down or censored.

Even when governments close exchanges or ban mining, the network keeps running. This makes Bitcoin particularly valuable in countries with limited economic freedom. It’s money you truly own yourself; no one can block or take it away.

5. Relatively Low Transaction Costs

International payments through banks or intermediaries are often expensive and slow. Bitcoin transactions, on the other hand, are usually processed within minutes and often cost less than traditional transfers. You can send your money to the other side of the world without third parties being involved. Want to quickly send some capital to your brother in America? No problem. You can, and no one can stop it.

Especially for people who regularly send money across borders, this can be an attractive advantage. Although transaction fees can rise during busy periods, they are still often cheaper than the alternatives.

Is It Still Worth Buying Bitcoin?

Many beginners wonder if it’s “too late” to get in. Despite the considerable volatility the crypto market sometimes has, Bitcoin has proven itself over the years as a valuable digital asset. Of course, this is no prediction for the future, which is why with this article we’ve hopefully shown you the aspects to look at when answering this question. Where stock indices rose by tens of percent in a few years, Bitcoin grew by thousands of percent in the same period.

Moreover, global cryptocurrency adoption is still in its early stages. More and more companies accept payments in Bitcoin, financial institutions are developing new services, and it’s becoming easier for consumers to buy and safely store Bitcoin.

Final thoughts

Bitcoin combines scarcity, transparency, and decentralization in a way that no traditional currency can match. Whether you believe in Bitcoin as digital gold, as a means of payment, or as a tool for more financial freedom: the reasons to get in are diverse and compelling.

As true Bitcoin enthusiasts often say: the best day to buy Bitcoin was ten years ago, the second best day is today.