1BTC = $600USD, now a good time to buy? - page 5.

audaciousbeing

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Quote from: pocarime32 on September 30, 2016, 12:07:58 PM

Well, even you buying bitcoins on $600 USD right now, the price of bitcoin will not change. I mean, the price of bitcoin is stable right now. But maybe it's good for long term investment if you buy now.

I agree with you on this, the price of Bitcoin is relatively stable in the last couple of days and even predictions and announcements have not really made any difference and maybe a major event in the right direction will actually makes it soar higher but now everything is stable. For bitcoin, to the best of my knowledge, every time is a good time to buy but it now depends on how fast you want to ROI as this will go a long way in determining whether you will buy now or not.

Sandroxa

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No its not a good time to buy right now because of the fact that its not worth the 600 dollar, you can better wait on a nicer price.

SquallLeonhart

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Quote from: richardsNY on September 30, 2016, 01:16:25 PM

Quote from: pocarime32 on September 30, 2016, 12:07:58 PM

Well, even you buying bitcoins on $600 USD right now, the price of bitcoin will not change. I mean, the price of bitcoin is stable right now. But maybe it's good for long term investment if you buy now.

It all depends on what your intentions are. If you plan to use your coins for trading purposes only, then you can buy right now without any problems. If you believe in the potential that Bitcoin has, then you can easily buy yourself some coins right now. But if you're looking for a short term investment, then I say it's more 50/50.

Even if you are going to use it in trading or have a plan to hold for long term, the current price is still low and affordable to invest in bitcoins as price is expected to rise at the end of the year.

CoinCidental

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not 50/50
at least 60/40 if not more favourable odds btc price will only rise

richardsNY

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Quote from: pocarime32 on September 30, 2016, 12:07:58 PM

Well, even you buying bitcoins on $600 USD right now, the price of bitcoin will not change. I mean, the price of bitcoin is stable right now. But maybe it's good for long term investment if you buy now.

It all depends on what your intentions are. If you plan to use your coins for trading purposes only, then you can buy right now without any problems. If you believe in the potential that Bitcoin has, then you can easily buy yourself some coins right now. But if you're looking for a short term investment, then I say it's more 50/50.

pocarime32

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Well, even you buying bitcoins on $600 USD right now, the price of bitcoin will not change. I mean, the price of bitcoin is stable right now. But maybe it's good for long term investment if you buy now.

dunfida

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Quote from: arwin100 on September 30, 2016, 07:23:51 AM

Quote from: iv4n on September 30, 2016, 06:18:12 AM

Many times asked question, and I still have same answer, everything under 1000 dollars is good price for buying. In years to come price will definitely rise. Be patient, big things doesn't come over night, price already rised a lot from last year.
Don't mix daily fluctuations with price rising, that is normal for bitcoin to go up and down. After this holding on 600 dollars I think bitcoin accumulated enough force for this winter and some new rise before new year.

But we cannot throw the part that people have changes in their mind's thats why they keep asking and asking again this questions since price of bitcoins is really unpredictable, and fornmy though's at any price you want to buy is a good price and it will.depends on how and where you want to use bitcoin, and 600$ at this moment is can be called a low price for bitcoin to be choosen to buy since the price stability of this coin has been risin as years comes to its existence.

Thats true, the main thing or hindrance for people on buying bitcoin is that they arent sure if its the right time to buy since they are already aware on the bitcoin price movement and they dont want to lose or suffer negative profit thats why this question is being asked for how many times. As you said Anytime could be a good time to buy bitcoin because it would surely increase its price in upcoming years.

CroDam

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I also think that buying under 600$ is great opportunity.

arwin100

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Quote from: iv4n on September 30, 2016, 06:18:12 AM

Many times asked question, and I still have same answer, everything under 1000 dollars is good price for buying. In years to come price will definitely rise. Be patient, big things doesn't come over night, price already rised a lot from last year.
Don't mix daily fluctuations with price rising, that is normal for bitcoin to go up and down. After this holding on 600 dollars I think bitcoin accumulated enough force for this winter and some new rise before new year.

But we cannot throw the part that people have changes in their mind's thats why they keep asking and asking again this questions since price of bitcoins is really unpredictable, and fornmy though's at any price you want to buy is a good price and it will.depends on how and where you want to use bitcoin, and 600$ at this moment is can be called a low price for bitcoin to be choosen to buy since the price stability of this coin has been risin as years comes to its existence.

iv4n

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Many times asked question, and I still have same answer, everything under 1000 dollars is good price for buying. In years to come price will definitely rise. Be patient, big things doesn't come over night, price already rised a lot from last year.
Don't mix daily fluctuations with price rising, that is normal for bitcoin to go up and down. After this holding on 600 dollars I think bitcoin accumulated enough force for this winter and some new rise before new year.

rockstar338

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Now is a good time to buy if you ask me, the price has been stable for a long time now so I think that this has become the new barrier.
I do not think that the price is going to be much lower then this so you can buy for $600 it is the best option at the moment.

Luke2939

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I believe this is a good to time to add some into your portfoilio. Try to buy some bitcoin every month irrespective of the price. Because timing bitcoin is very hard. The price can change at any time. Volatility is high. This is a good move if you are a long term investor.

For traders, It would be harder to take the calls. You can use some technical analysis and Price Action trading methods to have an upper hand.

1Referee

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Quote from: newcoins1978 on September 30, 2016, 03:16:07 AM

Quote from: Catmony on September 26, 2016, 12:30:36 PM

Price is moving up and down everyday creating good profit opputunity if you want to do day trading. Grab few bitcoin and sell them after sometime for small profit per bitcoin and if you can have like 10 bitcoin and more you will be earning good amout daily on every price swing.

Yeah but that doesn't work cause you'll lose anyways with such a small profit cause fees cost money too.
Best is to keep them for long and sell when profit is atleast 100$ per coin but I'd keep for as long as possible though.

If you are trading with small amounts, then the profits are small too, but if you have hundreds or thousands of coins, and buy and sell with 1% profit several times a day, then it's of course a nice thing. That being said, whale traders that generate high volumes are rewarded with lower fees, and thus it means more profit for them.

newcoins1978

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Quote from: Catmony on September 26, 2016, 12:30:36 PM

Price is moving up and down everyday creating good profit opputunity if you want to do day trading. Grab few bitcoin and sell them after sometime for small profit per bitcoin and if you can have like 10 bitcoin and more you will be earning good amout daily on every price swing.

Yeah but that doesn't work cause you'll lose anyways with such a small profit cause fees cost money too.
Best is to keep them for long and sell when profit is atleast 100$ per coin but I'd keep for as long as possible though.

Bitcoinbro

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Quote from: thejaytiesto on September 24, 2016, 12:40:43 PM

Everytime you are not buying Bitcoin you are making a big mistake long term. I have been buying Bitcoin every month since it was 150 dollars at the January 2015 bottom and I have been making only green gains. You can never go wrong long term if you buy every month, I dont care if it takes 1 or 10 years, you always make gains.

Indeed the longer you wait with buying bitcoin the more the prices will raise ofcourse so best time to buy is always ASAP.
Although sometimes the prices have a dip you could wait for that dip to happen but if it doesn't happen you wasted alot of money.

mindrust

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Buy after a big dump fest, that's the best time to buy for me. Check the charts after bitfinex hack. You could have made a fortune out of this. When nobody wants something, that's time when you should buy. You take a bit of risk but no big deal. Bitcoin was 200$ and everyone said that it is dead. Look what happened after.

kryptqnick

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I suppose 600$ is too much to buy BTC. It was less than that about two months ago, so I think it will bacome lower in price again. Better wait for it to drop to 500$ at least. Maybe it is going to take a lot of time, this waiting, but not more than 4 years (next halving). Good luck!

icecube45

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It's a good time to buy bitcoin. Because in the next few months bitcoin prices will rise, but tetai will fluctuate. Traffic bitcoin prices when seen in recent months continued to rise and that there are indications that the price of bitcoin will rise in the next few months.

Wind_FURY

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Quote from: CoinCidental on September 29, 2016, 01:41:56 AM

Quote from: Wind_FURY on September 29, 2016, 01:25:50 AM

Quote from: CoinCidental on September 28, 2016, 06:32:59 PM

a lot of improvemnts arer coming to bitcoin
the next time the price jumps ,it will happen rapidly
600 is probably as cheap as its going to get
get them now if you want to be on the train when we pass 1k again Wink

I disagree with this kind of thinking. It is not only trying to create hype but it is also ignoring one key rule in trading. Always look for a bargain and always protect your money. The present price should not be thought of as "cheap" or "expensive" now but rather start thinking of how you can get Bitcoin at a much better price than what is offered now. It would be an irresponsible thing to say "buy now! buy now!" to the people who do not know any better, only for them to find out that it might be a wrong move. Also do we even know if it will pass $1000 in the near future?

if your serious about btc and in it for the long haul ,600 is cheap my friend

ive been buying btc since they were $6 and they have a long way to go yet

if you think theyre too expensive at 600 ,thats your perogative but you wait for a dip that may never come

when the price is $3-5K you will wish you stocked up but it will be too late ,your move .......

I am in it for the long haul because I support the movement and I also believe that cryptocurrencies are the future. Do not get me wrong but the moment we all see that Bitcoin is on its way down I will not hesitate to protect myself and hold some other coin as my "main coin". So I am not all too much hyped on Bitcoin as you are.

If you think Bitcoin will go to $3000 - $5000 then that will be a very long wait. Bitcoin reached and went over $1000 only because of a bot artificially pushing the price up on a constant basis. So in knowing that, there will still be a lot of time to get in and we can still wait for a better price to get into. Getting in a better price would also mean that I could get more Bitcoins for the amount I am willing to spend than blindly getting in at any price like most of the people recommend and do here.

vero

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Quote from: Altynbekova on September 29, 2016, 02:58:05 AM

Quote from: Catmony on September 26, 2016, 12:30:36 PM

Price is moving up and down everyday creating good profit opputunity if you want to do day trading. Grab few bitcoin and sell them after sometime for small profit per bitcoin and if you can have like 10 bitcoin and more you will be earning good amout daily on every price swing.

Indeed good time to buy is hard to say in a thread cause sometimes the prices change for only a few hours.
Try to find those soft spots where the prices drop for a few hrs and they raise back up theres always a pattern.

actually that know when a good time to buy is our own. as a trader of course we have learned a lot of experience doing the trade in the past. for example: the current bitcoin price $603 so i was you would waiting buy when the price down to below $600.

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