Topic: 1BTC = $600USD, now a good time to buy? - page 8. (Read 6971 times)
well, it is not a bad time to buy. If you are ok with a shift of $25 up and down or perhaps a little more, it has been pretty stable for more than a few weeks. there were all those predictions about the halving and that had very little effect. there are not many events in the near future that we know of that will affect it, so this is as good a time as any to buy. do not use money that you cannot afford to lose because one never knows for sure, but it is pretty safe right now, especially for a long term investment.
wil go to 1000$ soon, but wait for some retracement to buy
Why the price goes to 1000???
Seriously, you all have to stop those predictions, some people say bitcoin will double the price in 2016, some people says bitcoin is dead...
Guys, please... Stop!
2000 is more likely than 1000
the next ATH will smash the last one
everyone sell sell sell .........if youre complete idiots
national currencies are being devalued to near worthlessness
lets see where they are in 5 years..........
$600 can be said very low price than people have speculated by this time, so better to buy few more bitcoin so that we can ride on the next bitcoin pump.
$600 for each bitcoin is already big for me, but if the price can go more high, i also want that. I think the price of bitcoin can increase more to $700, so yeah, it's a good time to buy bitcoin right now.
Everytime you are not buying Bitcoin you are making a big mistake long term. I have been buying Bitcoin every month since it was 150 dollars at the January 2015 bottom and I have been making only green gains. You can never go wrong long term if you buy every month, I dont care if it takes 1 or 10 years, you always make gains.
I don't think that buying itself is the problem. The real problem is that people get tempted to sell their coins in a way too early stage, to cash out profits in the range of 10%, and buy back their coins at much higher levels as the price has been going up. This way they are burning through their profits in a rapid fashion while they think they are doing the right thing.
wil go to 1000$ soon, but wait for some retracement to buy
Why the price goes to 1000???
Seriously, you all have to stop those predictions, some people say bitcoin will double the price in 2016, some people says bitcoin is dead...
Guys, please... Stop!
wil go to 1000$ soon, but wait for some retracement to buy
$600 can be said very low price than people have speculated by this time, so better to buy few more bitcoin so that we can ride on the next bitcoin pump.
maybe if you do feel that this is the right time to buy a bitcoin, then do not hesitate to buy it, because of the possibility of bitcoin prices will rise. but it might be better to monitor the price for a few more days before buying it. because if you buy a bitcoin to hold it for a long time, would be very detrimental if it all does not match the predictions, unless you buy it for business
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.
Now you can see the price is under $600 so it is a good time to buy and I am sure that the price will increase up within a few weeks so if you want to sell them quick then you will also get the profit and if you will keep them for longer then it will make a big profit for you.
Bitcoin will stay in this price for a loooong time, if you want to invest, try to read more about some altcoins. They have much more speculation value right now than the bitcoin.
I doubt the price will double untill next halving
I doubt the price will double untill next halving
I hope that your speculation is not going to happen and the price of bitcoin is going to remain $600 for a long time. But I think that is better rather than falling down.
And for the next halving the possibility of bitcoins price to increase is higher as that day is going to come.
Before the halving happens the price is going to increase already because of the demand of bitcoin is keep on increasing.
I don't know man, looks like a lot of newbies are comming and discover the bitcoin but a lot of older people are trying to bet in altcoins because there a lot over there with good projects...
We have to sit and watch... I doubt the price gonna fall, people love hold
Its not gonna fall anytime good but it does not has a great future a head right now, no doubts about that.
I think that it will fall a bit but than go up again very soon.
Bitcoin will stay in this price for a loooong time, if you want to invest, try to read more about some altcoins. They have much more speculation value right now than the bitcoin.
I doubt the price will double untill next halving
I doubt the price will double untill next halving
I hope that your speculation is not going to happen and the price of bitcoin is going to remain $600 for a long time. But I think that is better rather than falling down.
And for the next halving the possibility of bitcoins price to increase is higher as that day is going to come.
Before the halving happens the price is going to increase already because of the demand of bitcoin is keep on increasing.
I don't know man, looks like a lot of newbies are comming and discover the bitcoin but a lot of older people are trying to bet in altcoins because there a lot over there with good projects...
We have to sit and watch... I doubt the price gonna fall, people love hold
Sure. Buy now as many bitcoin user said that its price will goes up before the end of the year. Buy while the price is low. If I have some money Ibwould definitely buy. Sad thing to say is that I am only here just to have bitcoins for my needs. But given more opportunity I think I will become one of the successful bitcoin earner.
Bitcoin seems to have some downward bias, dipping below $600.
I would hesitate putting sizable amounts of money into Bitcoin at this point.
You may know about the Bitcoin's future and what will be world will give a trademark to the bitcoin. However value will arise in the end of this year and every halving time also price will rise so it shows bitcoin is with potential and you can buy it.
Seems like the price of btc has taken abit of a dip in the last week, any experts on trading here have a analysis on the near future for the price?
I'm thinking about making a small investment of 2btc to sell quickly when the price goes back up.
But im no expert on trading, and there is so much knowledge and information available i don't know where to start looking.
It looks quite safe to buy now and the price will rise before the end of the year?
I'm thinking about making a small investment of 2btc to sell quickly when the price goes back up.
But im no expert on trading, and there is so much knowledge and information available i don't know where to start looking.
It looks quite safe to buy now and the price will rise before the end of the year?
Even an expert trader can't answer what will happen accurately in the following next months.
Here's the best deal, since no such valid support to all the claims whether the price will be up or down, then have a guts to buy at the current rate.
By looking at the weekly chart, the weekly high reached around $610 and the dipping point as of today is around $595. Yes it plays around $600 so I think this price is the correction.
Sure. Buy now as many bitcoin user said that its price will goes up before the end of the year. Buy while the price is low. If I have some money Ibwould definitely buy. Sad thing to say is that I am only here just to have bitcoins for my needs. But given more opportunity I think I will become one of the successful bitcoin earner.
Bitcoin seems to have some downward bias, dipping below $600.
I would hesitate putting sizable amounts of money into Bitcoin at this point.
Sure. Buy now as many bitcoin user said that its price will goes up before the end of the year. Buy while the price is low. If I have some money Ibwould definitely buy. Sad thing to say is that I am only here just to have bitcoins for my needs. But given more opportunity I think I will become one of the successful bitcoin earner.
-snip-
When you say long-term, how long are we talking about?
I dont mind holding onto the bitocoin for like....3-4 months. I'm not looking to become a day-trader, but id expect to be able to buy/sell every 3/4 months and make a tidy profit.
it is hard to say. the long term i have in mind is a much longer period of time but i think it is still possible to make some profit in 3-4 months.
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My aim right now is to buy at $550, then sell at $750-800, it depends if i need the money at the time.
25% ROI over 3-4month period seems pretty good for me.
25% ROI over 3-4month period seems pretty good for me.
try to find a good entry point that you are sure you will make a profit.
i can only give you an example of the past:
when the bitfinex hack happened i started gathering some fiat from here and there and even got some out of other places to buy bitcoin because i was sure that any price that we saw back then during those days will be an excellent profit. and i was right.
although keep in mind that waiting for a very low price like $500 may never happen ever again.
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If it takes a year, id be abit more annoyed but am willing to wait that long, and im not the sort of person who will 'panic', I know the price will go up again because i am a belive in the technology behind it, unless something drastic happens. (lets say, a worldwide black out for months), then id be worried. (because it would be worthless and i wouldnt even be able to do anything with it haha)
in my opinion when it comes to trading you either have to become a day trader and ride the daily changes and make profit
or become a long term trader and buy low (in a dip) and hold until you see a big rise which you expect a fall (e.g. $780 rise) and sell there
rinse and repeat.
I truly think that bitcoin will drop this week to around $500 in price as its been around $600 for a long time.
What is the reason though? You believe that just because the price has been around $600 for a long time, that it means it will drop to $500?
There no such basis that bitcoins price would go lower its price like that, even though it stabilize its price as of now but its not possible to drop like that, Thus we must expect that it would gradually increase its price on next week or months, no one really knows on what when it would be.
Price is going down, here is my assumptions why it happens:
1. Owners of Paxful (service similar to localbitcoins) were arrested in Miami with cocaine and AR-15. This caused uproar in the bitcoin world.
2. Uncertain future of bitcoin legislation in Japan and New Zealand where corresponding National Banks are evaluating bitcoin legal status.
3. Strong USD economic forecasts caused bitcoin investors do decline their support.
Do you know anything more?
1. Owners of Paxful (service similar to localbitcoins) were arrested in Miami with cocaine and AR-15. This caused uproar in the bitcoin world.
2. Uncertain future of bitcoin legislation in Japan and New Zealand where corresponding National Banks are evaluating bitcoin legal status.
3. Strong USD economic forecasts caused bitcoin investors do decline their support.
Do you know anything more?
If you are in it for the long haul, I think the prices right now won't matter much. Buy with whatever budget you have and forget about it for the next 5 years. Just think that you lost that amount and move on and just go check it again after that span of time. You would be surprised how much the price has changed.
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