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Topic: Are you buying right now ? - page 4. (Read 881 times)

sr. member
Activity: 1526
Merit: 412
January 07, 2021, 01:56:17 AM
#50
I tried to find the right time to buy but it always stressed me out. I just do DCA since a few months ago and the current price doesn't really bother me or tempt me that much to buy more. I'd stick with my plan and manage my assets with little to no distraction.

If you're it in for the long term, I guess buying now or later with DCA doesn't really matter, as long as you only spend the amount of money you can afford to lose.
You are most likely to win in the long term with this. It's nice to read Dollar Cost Averaging rather than a straight up "NO since it's too high and wait for correction". Successful traders and investors have also shared that this is "easiest" way or less stressful.

.......

We are in a bull run and the market has more support from institutional investors so it won't collapse that easily. It's different this time. It looks like most people in this thread are still thinking about what happened in 2017-2018.

Buy now and buy even more if it goes down. Y'all know BTC is the King that will carry the whole crypto market.
member
Activity: 1120
Merit: 68
January 07, 2021, 01:09:51 AM
#49
Nope because i have nothing to buy, All my funds had been inside the market and my Folio is now continuously In great movement .

I don't wanna be greedy and buy more and then Lose sooner .

and besides why need to re purchase if you are a consistent Holder , when you have fulfill everything you desire years ago.

Now that Market is in the highest Value , no wonder whats the feeling of Fud and detractor of Bitcoin.
I am also controlling myself from buying more bitcoins because I don't want to be greedy and lose all of my funds, so I keep all of my holdings in my portfolio because the bullish trend still has a great movement. Holding our funds in this current bull trend is much safer than continuously buying more bitcoin and other cryptocurrencies.
newbie
Activity: 35
Merit: 0
January 07, 2021, 12:01:48 AM
#48
I decided to HODL my bitcoins for now. I bought them when the price was 20k. Now I'm waiting for bitcoin to reach 40k or 50k
full member
Activity: 2492
Merit: 212
Eloncoin.org - Mars, here we come!
January 07, 2021, 12:01:21 AM
#47
Nope because i have nothing to buy, All my funds had been inside the market and my Folio is now continuously In great movement .

I don't wanna be greedy and buy more and then Lose sooner .

and besides why need to re purchase if you are a consistent Holder , when you have fulfill everything you desire years ago.

Now that Market is in the highest Value , no wonder whats the feeling of Fud and detractor of Bitcoin.
sr. member
Activity: 1442
Merit: 390
★Bitvest.io★ Play Plinko or Invest!
January 06, 2021, 11:54:47 PM
#46
Definitely not! Of course we are not buying bitcoin right now because the bitcoin was really huge right now and it cannot afford to gamble this kind of situation. There are some people who are buying although the bitcoin is in $26,000, but I guess it is a wrong decision because it is really hard to gain profit with it knowing that it is already in the peak price of btc. It's sad that I am so early to sell my holdings but still happy that btc break the ath this year.
newbie
Activity: 74
Merit: 0
January 06, 2021, 11:38:13 PM
#45
I don't wanna waste a moment and I'm buying Bitcoin. I think this's a good decision, as its price is getting higher every day. According to forecasts, Bitcoin's price will reach 100k by the end of summer, so I advise you to HODL your Bitcoins  Wink Wink Wink
member
Activity: 368
Merit: 24
January 06, 2021, 02:42:26 PM
#44


             ¥€$
sr. member
Activity: 2506
Merit: 368
January 06, 2021, 02:27:38 PM
#43
If someone is planning to buy with this current price, they might have to trade wisely if they fully understand how the market works. But if they were just buying because of the trend, better stop what you are thinking right now because that isn't how the market works. Always do your own research if you plan to invest your own money especially in crypto currency. Bitcoin volatility is very unstable and you missed the price you wanted if you won't look the chart carefully.
hero member
Activity: 1400
Merit: 655
Bitcoin is achievement
January 06, 2021, 02:16:28 PM
#42
Your ambition is really tangible from my perspective because its obvious that everything is risk according to entrepreneurship concept of business and relating it into cryptocurrency especially bitcoin, buying of bitcoin currently it's matters of choice because the possibility of bitcoin to keep on accelerating in price in these 2021 is there,  its quiet understood that in the history of bitcoin or the existence of btc, it has not gotten to 30,000 thousand to the extend getting to 35000 thousands, so everyone is expecting bitcoin to get 50,000 thousand buying bitcoin now can result out negatively or positively, because the possibility for it to increase more is based on marketcap and possibility for it to decrease is also based on marketcap. So in all ramifications everything is base on risk, but if you are financial buoyant purchase it, its advisable to buy bitcoin.
sr. member
Activity: 876
Merit: 253
Vave.com - Crypto Casino
January 06, 2021, 02:02:05 PM
#41
Not only you, but also so many people are keep buying bitcoin & as a result, btc pump incredibly.i though it would crash after $30k or $35k but i was wrong.maybe because New money continueously coming in market even so many big institutions already have bitcoin share.so its now hard to dump the bitcoin easily.so i'm also start thinking that bitcoin won't going to stop its journey till it hit $40k milestone.
newbie
Activity: 6
Merit: 8
January 06, 2021, 01:58:47 PM
#40
If you subscribe to the Dollar Cost Averaging theory, you should continue buying even at the peak and investing the same amount as usual. There's a chart by Blockchain center called the Bitcoin Rainbow chart. It's interesting that even when prices reached "It's a bubble territory" it eventually ends up as cheap by the next year. Personally, I think it's still a good time to be investing, but I would not say it's a good time to take your life savings and dumping into Bitcoin.

Slow and steady wins the race.

If you're interested in hearing more about the tools I use to make my conclusions you can find that here.
https://www.youtube.com/watch?v=jxrFy1LWxME
hero member
Activity: 2996
Merit: 609
January 06, 2021, 01:55:36 PM
#39
I am not buying right now as i is very risky. I know BTC can go even further to 40k or 50k. But i cannot  buy right now. But in long term perspective  BTC price will go up and up. For long term one can buy BTC any time at any position because  its demand is increasing  day by day.
Then when you would buy? When it already hits 40-50k tomorrow? This had been a common question in mind because we dont know on whats the peak.

So its just normal for people to hesitate on making out decisions specially now that bitcoins price is already expensive.It isnt something that you can get cheap.

Due to unpredictability then you would really be having a hard time neither you would get in or not.It all matters with risk management because this is the same
questions into those times where price is trying to break 35k. People are saying its already expensive to buy but look at on where we now?
Lots had regret that they do missed out the opportunity.
newbie
Activity: 2
Merit: 0
January 06, 2021, 01:47:09 PM
#38
I am not buying right now as i is very risky. I know BTC can go even further to 40k or 50k. But i cannot  buy right now. But in long term perspective  BTC price will go up and up. For long term one can buy BTC any time at any position because  its demand is increasing  day by day.
member
Activity: 1358
Merit: 10
www.cd3d.app
January 06, 2021, 01:09:15 PM
#37
The price of Bitcoin has crossed  $35K today; Its value may increase or decrease, which is not to say. Investing in Bitcoin seems very risky to me at the moment. I have a small amount of bitcoin that I don't want to sell at the moment. But in the hope of making a profit in the future, I bought some Altcoin and will buy some more. Hopefully I will get a good profit from here.
sr. member
Activity: 2506
Merit: 328
January 06, 2021, 01:24:02 PM
#37
I'm having the same thoughts when the market price drop in 31k$ from 34k$ trying to reinvest again after I sold my bitcoin in 27k$ which I pretty much make a good profit.

I was gonna reinvest at 31k$ but in just a small time the market price is already at 35k$, and then I was thinking if I'm gonna reinvest at 35k$ but maybe it just really risky for the short term investment.

We could still see a lot of opportunities for investment in other altcoins that is not that risky as investing in bitcoin today, but it might be worth taking the risk since you could always change your plan and go for a long term investment if the bitcoin stop pumping and dump after investing.

On the time we had able to buy in again then we must always consider or looking for price pullback specially if you do go for short term then that would be a good choice rather than risking
when it was still somewhat on peak price even though we cant really precisely tell if its on the top or not but our own guts and intuition do really mix up on that time.
Profitability will vary on someones decisions on how he gonna act on what he's currently seeing on point.If you do seem that the price is already on the peak
then better to hold and wait up for the right time to get in, it might not be precise or exact but at least what matter most is on to make money or in greens.
sr. member
Activity: 1638
Merit: 425
Cashback 15%
January 06, 2021, 01:19:57 PM
#36
I'm having the same thoughts when the market price drop in 31k$ from 34k$ trying to reinvest again after I sold my bitcoin in 27k$ which I pretty much make a good profit.

I was gonna reinvest at 31k$ but in just a small time the market price is already at 35k$, and then I was thinking if I'm gonna reinvest at 35k$ but maybe it just really risky for the short term investment.

We could still see a lot of opportunities for investment in other altcoins that is not that risky as investing in bitcoin today, but it might be worth taking the risk since you could always change your plan and go for a long term investment if the bitcoin stop pumping and dump after investing.
sr. member
Activity: 1036
Merit: 286
January 06, 2021, 01:08:18 PM
#35
I don't think it is a good idea to buy right now, I am not good at day trading that is why it is too risky for me to buy right now. Those who are buying at a time like this is a day trader, which means they are trading time by time. Maybe if the value falls down, that is the right time for me to buy, and wait for the right time that the price will rise up again, Even if it is a long term holding it is good for me as long as I am making a profit. The good thing that I can do right now is to study trading, its tools and indicators are important to learn.
copper member
Activity: 122
Merit: 1
Dsdaq -  One Bitcoin, Trade all assets
January 06, 2021, 01:02:03 PM
#34
Definitely I won't be buying for now because the price is to high. There is a saying anything that goes up most come down. Btc will surely go for correction before making a new ATH. Will wait to buy the dip
hero member
Activity: 1498
Merit: 586
Cryptocasino.com
January 06, 2021, 12:40:26 PM
#33
To be honest I want to invest right now but the problem is the timing. It is still pandemic and there are a lot of things I should consider first including my family and my partner. Things we needed are getting expensive and to survive this we need to disregard the things that we want and just buy what we needed. I can't invest not because I don't want to, but because I can't.

Which i guess doesn't sound as the right time to invest. I'll bet everyone wanted to invest in bitcoin and even as much as i am but the most probable thing that everyone was considering was of course the high value of bitcoin. As much as we wanted to have a bitcoin in our own but if the main concern that we are facing was the high value of single bitcoin will become on top concern. But if you have your own capabilities to afford to buy a single bitcoin then it wouldn't be an issue i guess.
newbie
Activity: 174
Merit: 0
January 06, 2021, 12:24:05 PM
#32
The best strategy for earning Bitcoin is Arbitrage trading,althought Arbitrage trading is mostly done by Trading bots but this can be done manually as well and we can earn a good profit every month if we do this on regular basis. no need to worry bitcoin goes dump or goes up like a rocket we can earn .

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