Topic: anybody buying some Bitcoin lately? - page 2. (Read 16593 times)

I think a correction over time is going on so its a waiting game people have to wait to play out sorry.    I will say I think US dollar has topped out, if it made a new high then I might be especially bearish on Bitcoin but overall I think its just trying to bore people who expected fireworks.    Sometimes the technology has the job of just plodding on and proving itself through longevity and continued development, natural expansion is more important then speculation

The prices may break $3000 in the current bearish trend but don't expect it to fall under $1000 because it is really not good to invest if the prices reaches that level so keep your investment level high and buy your bitcoins soon.

Use Coinbase Pro. Takes like 4 business days to get the money from your bank to the exchange, but the deposit is free, and then you just make a limit buy order and there is no fee. Occasionally send it to cold storage for what like five cents per transaction. Transaction fees for getting into bitcoin the right way are basically zero.

it seems like now the cost of all transactions that occur has a very cheap value because the falling price of bitcoin makes the value of the cost cheaper, and maybe you can buy bitcoin in coinbase, localbitcoins or you can buy it directly on blockchain.info.

That's the way of every bear market though. People lose confidence and get out or are too scared to buy at the bottom because despite all the evidence and history they think "oh maybe this time it really won't recover". Smart money accumulates at the bottom and they are the ones that get rich off the next bull run, the next bull run happens when those people that were too scared to buy at the bottom come piling back in at higher prices.

It's fine if you want to miss the bottom and buy back in once the bull run has already started. But the people accumulating at the bottom are the ones who reap the most rewards. The people who have been in the market for more than a couple years know this and are the ones accumulating now. The people who got in only in the past two years and haven't done enough research don't realize this is the best time to get in and they are either selling (the worst thing to do) or waiting for higher prices before getting in. I've been in since the last couple weeks of the late-2013 boom, and I felt the same way having not done my research and not experienced a bitcoin market cycle before, i thought it was going nowhere by 2015 and sold it all, now I know I should have been buying in 2015 not selling, and that's the point we are at now in this cycle. So now I'm doing it right and accumulating as much as possible in Bitcoin right now for the next exponential run-up that will take place over the next few years.

When I visited local exchange sites I find out that few are really buying and there are many that are selling and that is a sign that bitcoin is over supplies in the market and it means price might continue falling until something happens.

The last time I bought it gave me a heart attack, this is my second life now. I wouldn't waste is this time. I'd rather wait for the next dip and wait til it goes back up to $6500. This will give me confidence that there is something that to watch out for. This bear are just losing people's interest, I see people who use to think aloud their facebook post to invest on BTC now they are telling followers to stop and look around.

Hell yeah I've been buying up everything I can afford since it went under $4000 in November. I've now bought as much since November as I bought in all of 2017 when I started buying bitcoin again at $1300 that year, but it has actually cost me less now than my Bitcoin in 2017 cost me!


All smart money is buying now.

it's not a bad idea if we buy bitcoin at the current price, because even though later the price of bitcoin has recovered, we will still be able to feel the benefits.
we all don't know where bitcoin prices are low, but the price of bitcoin has now reached a price that is cheap enough to invest. it's better to invest partially first, and wait for the next bitcoin price news.

Yes, i also bough some bitcoin under 3600$ and i will hold, i think this year we can have a grow even if will not be a new ATH i expect to have at least 10,000$ for 1BTC, but maybe only after 1-2 month will start a signifiant grow.

How are you feeling about all those transactions fees?  Those add up don't they??

Do you buy at Coinbase or where else??

I’m buying regularly with each monthly wage. I advise everybody to do the same no matter how small the amount is. Prices will certainly increase & you’ll make good profits.

Patience is required though.

Yeah, OP here, I have been buying on the dip since it was near the big 20K mark. It's been tough because during this entire time the price has been going down, and I buy a little more every time it drops another 1000$. But if it gets to 3000$ I will just buy a little more but only what I can afford to lose. This bull run has been a long ride for me (total newbie) buying and holding on for dear life, and I am just looking to make a smaller profit from my combined entry points from buying on the dip. I do not expect to ever see another wild bull run like the one that happened when it hit 20K.

Been using Bitcoinwisdom forever


Probably the correct attitude, people are buying into Bitcoin like its a  one armed bandit on the Vegas strip.   Its not going to spit out the result wanted just like that, too many trying for that short term so it goes up a bit and down a bit and mostly wastes time for most people.    It could still rise alot but I think most of the big moves have been ironic and come after it shakes out the short term holders on some seemingly bad news and then it rises alot anyway
I wont be surprised if it goes down before up to break this range, seems the bigger moves comes with higher volatility also

of course there are still people who buy bitcoin, you can see the transactions in the market-market that exist today. even every day, I see some people want to buy bitcoin social media. the needs of each person for bitcoin vary, so of course there are people who buy bitcoin whether it's to be used as an investment, or for other business development needs.

If you're looking for a more featured graph for BTC's price than what Coinmarketcap offers, the BraveNewCoin (BLX) index (click for link) on TradingView's pretty good. The graph displays data to around July 2010, much further than most charts you'll be able to find, and TradingView's a staple of mine for viewing charts already. Bitcoinwisdom also has pretty decent charts.

Just look to coinmarketcap and click bitcoin.
https://coinmarketcap.com/currencies/bitcoin/#charts

or you can also see this
https://www.buybitcoinworldwide.com/price/

Am I wrong on what you are looking for? or you mean to say the 'all time high' graph for bitcoin prices?

Don't be sad if you see the prices going down. I thought you've been buying at the dip? I'm thinking about it that we might see $3,000 soon and I'm just preparing myself just in case it really happens.

As long as the price is below $4000, I think its a good strategy to buy and hold. When the market recover the possible profit that you can get is high. We may have take more time on holding but if we are patient enough, good things will happen, don’t be sad while holding its worth the wait.

Well it may go below $3K or if can go above it. No one really knows for sure. There's some argument that we need so see a final capitulation of the price before we can see a bull run. But so far the price remains stagnant in the $3K'sh level and trading sideways for the past month so I don't see price going below $3K for now, not unless there's some negative news to trigger massive sell-off again.

I am looking at the all time graph history for bitcoin prices

It looks like the price is still going down down down.

Does anybody think it will drop below $3,000? Anybody think not?