Topic: $10 000 to invest, but at which price to buy? - page 3. (Read 1629 times)

I sugges strategy of trading . Buy befire end of this month of august 1 and buy again after august 1 because fir sure after august 1 the price of bitcoin will increase because many people buy again more bitcoin so it will continue to increase. And possible price of bitcoin will become $3000 . And i hope that happen to earn a lot of profit. More bitcoin more money to come bitcoin is for longterm investment.

If you planning in long term investment buy now. there no reading to set a poll.

There needs to be clarification about few things and the first one is for how long you are willing to hold crypto currency after investing $10K ? The second most important thing which crypto currency exactly? Whether it is bitcoon itself or any other altcoin you wishing to invest in.

Now, why this is important,? Because periodic terms will explain you how much you can get inreturns by considering the fact that bitcoin (for example) will be rising in the price for sure so proportionally your savings will rise many times. This change will be huge as your investing big amount too. The second thing about which coins will tell you probability of your success. For example, altcoins are not much sure about success as who knows they will collapse in the future but bitcoin may not!!

So its huge investment and you must think these things before you proceed. :-)

Bitcoin under $1700 in current very difficult, because only when SegWit2x failure active, this happen will become true. But the schedule of SegWit2x has complete all and not have problem in this time. Only some people still want buy Bitcoin with cheap price before after August 1st the price of Bitcoin go to the moon. This is my opinion.

If it is for long term investment, i will buy at the market price after 1 Aug. If it is for the short term, i will monitor the market and buy at below $1700.

It depends upon the type of investment you make.If investment is on a short term basis,then you should better invest in altcoins which gives good profits even in short period.But if it is for long term investment,then you have to invest in bitcoins.Today,its price is $2522.Its gradually increasing but still it is lower than past high price of $2850.Since most of investors now believe that hard fork will not occur,they have started to buy bitcoins fastly.So,its price may even cross $3000 by august 1.So,it would be better to buy now itself to avoid missing the train.

Buy when the coin is at its dip or lowest price.  I base all my trades on both fundamental and technical analysis. So it is better that you are knowledgeable of the coins and updated about the current events too. A well informed mind can make all the difference.

I have sent you a PM, hope you'd find the time reading it. Thanks!

I'll suggest you wait till after Aug 1 to be on the safe side

If you go long for 5+ years you can buy now. But only if you do not need the money for other things in life!

As a variation of this, you could also go the route of dollar cost averaging and simply invest over the course of a predetermined timeframe regardless of price (say, USD 500,- each day for 20 days, or USD 1000,- each week for 10 weeks). This way you can even out large swings, without trying to guess a possible bottom. Either way I definitely wouldn't invest the lump sum of USD 10,000,- at once.

Thi is the main reason why you shouldn't care all that much about bitcoin's price. It's true that there is no one who can guarantee that price will be higher in the future.
Yet when we base our judgement upon the history of bitcoin price shifts the pattern is pretty easy to spot, it is never ending upward trend.
Price growth is only stopped (and resumed in no time) by catastrophic events such as a collapse of main bitcoin exchanges (MtGox fail and most recently bitfinex hack and Chinese government intervention) or FUD about potential bitcoin ban.

You need to strategise first with investment and then with Bitcoin and other altcoins . This will help you how much to invest and where and then break down those amount for that particular coin so that you can but at regular interval and will get an average price .

your question is all wrong.
first thing is you say "Cryptocoins" but i guess you mean bitcoin. because of your poll. if you want altcoins also as diversification then it is a very different question

second thing i can tell you is that don't think about 1 price to buy at. that is not a good way of investing money in bitcoin in my opinion.
the price is always moving, and you can never say if it is the bottom or is it still going down, or is the rise going to stop or will it continue.

for that i always suggest everyone to buy in steps. you first come up with a price range that you speculate is the bottom or won't go lower than that. for example $1900 to $2100. then you start placing all your orders.
majority of them in this range. then you place some lower orders but smaller for example you place $8000 in total of 10 orders in that range then place 2-5 orders of total size $1000 in $1800 to $1900.
also you place some orders above the highest price for example at $2200 you place 2-5 orders of total size $1000.

this way you will surely invest but also never miss a chance. for example if price dropped to $2190 and reversed back up to $10000000 you still have bought $1000 worth of bitcoin and have not missed the chance.

or if the price dropped down to $2050 and then reversed back up to $100000000 then you have invested most of your money so you can be happy anyways.

play with the above numbers both price and volume to reach a more comfortable strategy, these numbers were completely hypothetical. it is important to choose that range ($1900 to $2100 in the example) right. if you lowball that range you will only hurt your chances, and if you choose it too high, again you will hurt your chances.

p.s. good news is that even if you buy at a higher price than you feel comfortable with, you can be fairly certain that bitcoin will rise to that price again in the long term.

The survey must give some feeling, at which price people are ready to buy BTC, whatever reason they have and how long they will hold the BTC...

You should invest carefully. Try your best to gather as much information about the crypto you're trying to buy because to make some profits you should only buy when the price is lower than other times. Search using Google all the news any other sources and finally Monitor it yourself. If you wanna make huge profits never invest more than 1000$ on same type of trade.

Well you have to decide firsf which coin you're going to invest on. With that big amount, its advisable that you diversify your capital into several investments and with almost all altcoins and btc down at the moment, buying now would most likely give you a profittable return in the future.

today, you finally decide to buy bitcoin. but the price has already on the moon

if you are determined, please buy now.

I'd wait until the 1st of August drama passes, but personally I would be willing to buy Bitcoin at the market price because I know that in the long term it will be worth it.

Actually the entry point is significantly more relevant for long term versus short term... especially if you think you can get 10x return or more. If I have $10k to invest, I can buy twice as much at $1k versus $2k, so if the price goes up to $20k this is a difference of $100,000. The small difference in entry point will make a larger impact the more bitcoin price rises.

You have to be clear about the kind of investment. Short term or long term. For long term investment the entry point is not that relevant. If you go long on BTC is because you believe in it, and you probably believe the speculation about BTC several thousands above the current price, so if you target 5 or 6k per coin the entry ant 2k or 1500 k is not that relevant. For short term i would wait for post August first to see if there is a dump and try to calculate he DIP to enter there...