#BTC If you’re just starting to learn about crypto, the question “BTC is going up—should I buy right now?” is a very common one.
As of August 20, 2026, Bitcoin is trading around the 70,000–72,000 USD range, after surging during the day and breaking back above the 70,000 USD mark. Some market data shows that BTC is still about 18% below the all-time high of 126,000 USD reached in 2025.
My short answer: If you’re a beginner, you shouldn’t buy a large lump sum right now. If you’re considering a long-term investment, you can consider buying in small portions and splitting your capital over time.
1. Why is there still a reason to buy BTC?
Bitcoin currently has some positive signals.
First, BTC has just regained the 70,000 USD range after a period of correction. Some technical analyses suggest that if the price breaks through key resistance levels, it may open the possibility of continued recovery.
Second, cash flow and market sentiment are being supported by macro factors. When the U.S. Treasury increases the scale of buying back long-term bonds, it affects yields and the U.S. dollar—while Bitcoin benefits from the flow of capital seeking scarce assets.
Third, the Bitcoin market still has significant institutional participation. Reports say that spot Bitcoin ETFs have seen about 517 million USD in inflows in a single day and around 1 billion USD in a week recently.
But none of these things means BTC will definitely continue to rise.
2. The biggest problem: buying after a big surge
This is the main thing that beginners need to pay special attention to.
BTC has just surged very quickly—at one point even rising to about 72,000 USD.
When an asset rises strongly in a short time, chasing it carries risk:
Buy at 72,000 USD → BTC drops 20% → down to about 57,600 USD.
You can still have confidence in Bitcoin long term, but if you’re not used to volatility, a 20–30% drop in your account can easily make you panic and sell.
So, “Bitcoin has the potential to rise” and “today is the best buying point” are two completely different things.
3. How should beginners buy?
Instead of putting all your money into BTC today, you can use DCA—i.e., split the money into multiple parts and buy periodically.
For example, you have 100 million VND set aside specifically for Bitcoin.
Instead of:
100 million → buy everything today.
You can consider:
20 million → initial buy
20 million → buy after 2–4 weeks
20 million → buy more when the market corrects
20 million → buy over the following months
20 million → keep it as cash in case there’s a major drop
This is just an illustrative example, not a mandatory ratio.
The advantage of this approach is that you don’t need to guess the exact bottom.
4. When will I NOT buy BTC?
There are three cases where I think beginners should avoid it.
First, use borrowed money to buy.
For example, borrowing 200 million to buy BTC because you think the price will definitely go up. This is very dangerous. Bitcoin can drop sharply before rising again, and you still have to repay the loan.
Second, use money that you need in the short term.
If 50 million is the money you need to buy a car, pay tuition, or cover living expenses in the next few months, you should not put that money into BTC.
Third, buy because you’re afraid of missing out (FOMO).
If the only reason you buy is:
“People are making money—if I don’t buy now, I’ll miss out.”
then it’s best to stop and think more.
5. So what if BTC falls?
This is what you must prepare before buying.
Bitcoin has gone through periods of very deep declines. Even now, BTC is still significantly below the 126,000 USD peak in 2025.
Therefore, if you buy BTC at 70,000 USD, you have to accept the possibility that one day you may see:
65,000 USD
60,000 USD
55,000 USD
even lower
What matters is not predicting the exact price tomorrow.
More importantly, do you have the ability to hold the asset through big drops or not?
6. Simple conclusion
If you ask me:
“Should I buy BTC right now?”
I’ll answer:
You might be able to buy, but beginners shouldn’t go all-in at this moment.
Bitcoin currently has positive signals and has just climbed back above the 70,000 USD range, but precisely because the price has risen so fast, chasing purchases has become more risky.
If you want long-term investing, a more cautious approach is:
Allocate capital → buy in portions → don’t borrow money → don’t use living-expense money → determine in advance how much loss you can tolerate.
And remember a very important principle:
You don’t need to buy at the exact bottom to make money from Bitcoin. But if you buy too much at one time, you might lose sleep just because of a correction.
This is an analysis of information, not personal investment advice. Bitcoin is a highly volatile asset; you should only invest money that you can afford to lose.
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