This has been discussed many times before but because you are new, there is no way you would have known.
The best time was yesterday.

If you have other businesses that you are into while you are considering investing in Bitcoin that is a good move because investing in Bitcoin will not take away the time you have to run other businesses, it will just give you a sense of joy that you have an alternate investment in something other than your business.

When you are emotionally ready to handle the risks with investing in bitcoins, then you are ready.

There's no definite right time to invest in Bitcoin
Invest when you have the extra funds and ready psychologically to enter the market.

The plan is based on your goals and objective. You the one that can create your own plan based on your resource constraint
It's adviced not to invest more than you can bear to loss and engaging in DCA (buying in units as time goes on) wouldn't be bad.

Bitcoin investment(holding) barely require any of your time except you planning on trading
Which I would advice against
You can never tell you fully ready until you try it.
It's not impossible for the mind to deceive the you that you are ready when you ain't.

Invest lil by lil and increase as your your mind and body gets stronger against market changes.
Don't invest money that would make you desperate and sell in loss.

Welcome to bitcointalk platform. As a newbie, you are very much free to ask questions as it interests your knowledge and understanding.
One can invest in Bitcoin as it pleases them but to be in the safe side, it is best taking advantage of the bear market to take your position. Buying at that time puts you in a better profit stand as it approaches bull run for those in a long term holding plans. When investing, you should know that it is best to invest with your spare cash or funds you could afford to lose.

As for your safety, do not trust third party exchange with your assets because they own the private key to the wallet holding your assets so in that case it doesn't belong to you but them since it is under their custody and they can decide whatever measures as it pleases them before you could access it. Make sure to keep your assets under your custody as you have the sole control over them. Save or keep your private keys in a secured place only you have access to for the safety of your assets.

You don't really need to know everything before you invest in Bitcoin, you only need the basic knowledge and good investment goals, it is not stamped that newbies must invest for short term purpose, shorterm and longterm decision is based on the investor understanding about Bitcoin, op you should know that Bitcoin is not get rich quick investment that's why the good investment plan for Bitcoin is long-term, during this long term an investor would have been conversant with the system, many events will take place and after that he will not see fluntuation of Bitcoin price as a threat to his portfolio, then he will wait for the profitable moment to come.

The right time to invest in Bitcoin is when you are financially and mentally ready irrespective of the price at that moment, you plan by having extra hustle and emergency funds for yourself so that once you invest you won't be tempted to withdraw prematurely, you follow-up your Bitcoin investment using a good non custodian wallet to hold your Bitcoin, know your passphrase and keys and save it personally so that you won't lose your Bitcoin temporally or permanently.

1. If you are familiar with DCA or dollar cost averaging you can do it anytime. But if you have a tight budget I think bear market will be the best time to invest as you can place the best entry while the price is quite lower.
2. First acquire knowledge, do your own due deligence, set your budget and then jump into the actual thing.
3. If you are a long term hodler you don't need to take time checking it every single day but if you still insist and you also have other business then you need time management.
4. If you have enough knowledge and capital then you can start right away but remember crypto is volatile it can always turn against your decisions so be aware of that. Just keep calm and buy as long as you can.

1. During the bearish period. Doesn't seem reasonable, but in this period the price of Bitcoin reduces drastically and people sell out their assets due to fear. The type of people who usually do these are those without full knowledge of how the Bitcoin market works. You buy during this period, of course after obtaining proper knowledge of the market too, so you don't purchase it and it becomes a loss.

2. This question is a little bit vague. planning for what exactly?

If it's planning to invest in Bitcoin then you can start by getting a job, saving, reading investment books, and taking action. You may fail, you will fail, but it's an experience you'll need for a bigger quest or goal.

3. Review. Track your progress. Literally, follow up by tracking your progress.

4. No one is ever ready. ( There's a high probability this is from a movie). Take action, you will fail, get up and learn. Waiting till you're ready may take forever.

with all the warnings people hear from the gold investors, they will be caught in the middle whether which one should they go. until they see Bitcoin goes $100K, that's the time they will try to buy. but it may just still be the right time even if the price has sailed.

there is never really a right time to buy unless they are a short-term investor. to which they prefer to buy when the price dips.

So are you saying that @OP had missed the opportunity to invest in Bitcoin?

I believe the right time to invest in Bitcoin is the time when a person is ready.

Ready to accept the losses.
Ready to face the risk.
Ready to hold and be patient.
Have his funds ready so that it won't affect him financially even after using them to buy Bitcoin.
Ready to control their emotion.
Their intellectual state is ready and understand the market movement of Bitcoin.


It is an SOP to be updated through news portals.  


When you have enough understanding of the market and faith in your decision in investing on Bitcoin.

Bitcoin isn't like some shitty investments y'all know about.. I keep saying this; if you have an investment plan that you know nothing about, get a mentor. You won't be asking what the right time to invest in Bitcoin is if you really know about Bitcoin.

I'm more concerned about your ignorance on how the system works. BTC right now is already close to ATH, and at this point, it could either decide to retrace or hit the tracks, who knows?
So it's advisable to buy when the price is low - DIP.

No one really knows if Bitcoin will keep going up or crash back down.  I mean, who can see the future? The best tips are: only put in money you're okay with losing, and brace yourself for a wild ride either way.  Don't blow your savings on Bitcoin thinking you'll get rich quick.  Set a budget you're comfortable with and  read up on it so you actually understand what Bitcoin is.  Have a strategy in mind, like if you'll sell if it drops below a certain point or if it hits a crazy high number.  There's no magic trick to know if or when Bitcoin will peak.  But if you educate yourself start small, know it could get rocky, yet still think it's a worthwhile gamble, then maybe dive on in.