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Topic: Are you buying right now ? - page 5. (Read 877 times)

sr. member
Activity: 1428
Merit: 308
★Bitvest.io★ Play Plinko or Invest!
January 06, 2021, 12:10:14 PM
#31
Some would say it would be foolish to invest at this point and there will lso be people who will push investing due to the momentum of this market. But the real deal is to how will you respond to what you are seeing right now. Investing could either give you profit or loss. What's best is to make your own analysis in order to not regret whatever you are planning to do right now. If you will make an action based on the opinion of other people in this industry, and the other way around happened behind your expectations, it will be harder than the usual. There'll more likely be regrets and frustrations unlike if you will make your decision by yourself, learning is more likely to be the outcome and it would be a bonus if you made the right action.
hero member
Activity: 2912
Merit: 642
January 06, 2021, 11:28:27 AM
#30
What do you think is going on with the market ?
Can we pass beyond the 40k resistance??
How far is the bull run for , or maybe this time it is going to be stable around this price??
I hope there is a good explanation for why it goes this high.
We are still in a pandemic and yet the buy rate is high.
It's just difficult to imagine these are average people trying to get more bitcoin in their wallets.
Who knows? Maybe they are risking their savings for a better profit.
Although. I doubt this will last. Argh, my pessimist hobby is coming out again.
hero member
Activity: 1582
Merit: 722
Leading Crypto Sports Betting & Casino Platform
January 06, 2021, 11:19:54 AM
#29
Yes people are buying and this make sense because bitcoin is making a new ath during each week. Imagine you see this topic a month ago, I remember people were saying buying bitcoin above 15K doesn't make any sense and it's against the risk management rules. Now, bitcoin is near to 40K and they feel regret. Since we are one a uptrend movement and there is no reason for price fall, people will still buy because they are holding bitcoin for long term.
newbie
Activity: 9
Merit: 7
January 06, 2021, 11:14:12 AM
#28
Buying? I guess that's not the right thing to do.

Bitcoin is in bull run, we should not be buying, instead we should be selling and don't be greedy.
It's okay to aim more, but we should set some target to sell, avoid being greedy so we will not regret.

Actually it's still possible that the price will continue to rise, but there's more possibility that it will fall down again.

I thought there was consensus that BTC is likely to surpass $100k soon and $500k+ within 5 years due to all the institutional buyers coming in. Are you selling due to expecting SHORT TERM dips and then plan to buy back in after the dips? I have trouble justifying selling (even with expected corrections) bc where else can I stick my money that will give me even 10% the return BTC is likely to put off?
legendary
Activity: 3234
Merit: 2420
January 06, 2021, 11:06:28 AM
#27
Interesting times. If you are buying from these prices it means you are ready to hold someone else's bags for multiple years. It can go even higher for sure but the questions is... will you be able to get out in time? If you are cool with being a long term holder, why not? Go buy.
member
Activity: 169
Merit: 10
January 06, 2021, 10:55:05 AM
#26
Undecided?

I see this thread here : https://bitcointalksearch.org/topic/--5304522 asking if people are stupid when buying BTC at price of 27k... then it jumped up to 35k, suddenly those who bought at 27k weren't stupid anyways...

so ask yourself what's different ? 27k vs 35k right now... are you stupid for not buying at 35k when BTC hits 50k or 100k ?
sr. member
Activity: 1638
Merit: 300
January 06, 2021, 10:47:36 AM
#25
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.
copper member
Activity: 658
Merit: 402
January 06, 2021, 10:39:13 AM
#24
I personally have no plan on buying in the meantime and actually, I already sold some of my bitcoin recently. Though you have a point that it might increase even more but it's a bit too risky for me since we're also expecting a correction. Right now, I'm into altcoins because bitcoin is too high for me. But I hope that we still keep getting new ATH, and might as well reach $40k.
sr. member
Activity: 1638
Merit: 262
January 06, 2021, 10:05:25 AM
#23
this should be the right moment to sell but unfortunately there are no coins in the portfolio. will i buy? I think it would be better if not to buy now. not mean to be pessimistic, but after a big spike, there will definitely be a moment to fall back after the price is continuously pumped because that's when bitcoin holders will sell. from this, we've got a lot of things, that bitcoin is bound to be a big increase. So when prices fall, it's not time to panic but time to buy.
member
Activity: 122
Merit: 20
January 06, 2021, 09:58:46 AM
#22
Quote
It first crossed 20, then 22, then 27, then 30, then 32!! Then now it's nearly around 35 and I wanted to take a little risk.

I have the exact same thought. I thought it's gonna plummet when it hit the 21K mark but apparently I was wrong. And I'm still anxious to buy since it's already fluctuating between 29K and 34K. So, it will take a lot of courage for anyone who failed to buy early last year to buy now.

Quote
Am I the only one who brought bitcoins right now ??


Apparently, you're not the only one. Because it wouldn't have shot up that high if no one else is buying. But I bet many of those buyers have been buying and holding since last year so their risks are manageable.

Quote
Can we pass beyond the 40k resistance??

I believe we can. Just a few months ago we were asking if bitcoin will hit 20K again, and it did.
hero member
Activity: 1610
Merit: 507
January 06, 2021, 09:38:54 AM
#21
I do not know who are they that still buying bitcoin now, but I already sell my bitcoin at $35k Grin
It is wonderful to sell bitcoin at that price, but I am sure we will see the other price soon. I still waiting for the next high price, and I am sure that it can happen this month.
full member
Activity: 924
Merit: 220
January 06, 2021, 09:50:30 AM
#21
No, its too risky to buy now because we do not know when will the market collapse. Who knows that there are transactions there already waiting to be confirm by the miners. Besides, if a bitcoiner really wanted to earn thru investing then it might be a good idea to start investing when market for bitcoin to go down. There is a higher assurance that one can really earn so high like to what happen to others who invested earlier.
sr. member
Activity: 672
Merit: 266
January 06, 2021, 09:26:39 AM
#20
No, i don't buy now, I wait for some correction which should come, BTC went too high too fast right now.
full member
Activity: 1568
Merit: 117
January 06, 2021, 09:24:15 AM
#19
If you constantly think about buying or not buying, then you will never buy. Just yesterday I just took and bought myself some bitcoins. Those who do not take risks will never have a yacht.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
January 06, 2021, 08:58:46 AM
#18
Yes I am still buying even though I am also expecting a form of a correction period anyday now.   I just wanted to spend my fist before I spend it on other things.
Hoping there wont be a correction until bitcoin is priced at 50k but lets be honest we dont know for sure what will happen.  Im still expecting one.
legendary
Activity: 1722
Merit: 1007
Degen in the Space
January 06, 2021, 08:44:27 AM
#17
It's the time to sell bitcoin since correction might occur in the next few days and it'll be a huge loss for you. It's not the right time to buy bitcoin, it'll be worthless soon, too much risk on the line but who knows, it might still resist until $50k. The practical way is they should wait for the correction so we can buy bitcoin at a low price and wait for many years again.

I've noticed that in exchanges, there are a lot of buyers of bitcoin but I can't blame them if they want to join the current hype but it's too late.
hero member
Activity: 2408
Merit: 693
Undeads.com - P2E Runner Game
January 06, 2021, 08:40:27 AM
#16
Quote
I have long read the best investment tactic is to never buy when the price is climbing.
yeah bro, am tempted to buy but am thinking what if i buy then the price start to crash, like you said, it is often said never to buy at the top but i guess btc is an exception because since right from 20k i am struggling with my decision to get all in, i only did a small investment thinking it will correct anytime soon, but alas! that's not the case, instead the price keep rising. Cry
sr. member
Activity: 2800
Merit: 344
when lambo...
January 06, 2021, 08:32:57 AM
#15
I'm not taking the risk these days, I did an early sell off some of my BTC before it reaches $20k and sold the left amount at $25k.
I'm not expecting the market got crazy like this and probably because I was so blind and not to see people are buying more. But somehow I feel no regrets by then, I've gained some profit already, and that was enough.

What I do now is to wait for the market to settle down and do the buyback again. It gonna be a long wait, possible.


Sir i have to buy some bitcoin Which exchange is best and trusted when bitcoin falling I'm waiting for buy
You better check https://www.binance.com/en. It is a known and reputable exchanger, definitely, you can fully trust them.
jr. member
Activity: 68
Merit: 1
January 06, 2021, 08:02:10 AM
#14
Sir i have to buy some bitcoin Which exchange is best and trusted when bitcoin falling I'm waiting for buy
sr. member
Activity: 2324
Merit: 454
January 06, 2021, 08:01:02 AM
#13
No one can say how far we're going in this bull run, if someone can predict the price accurately, then for sure they'll have a lot of profits in the future. What we're sure is that Bitcoin price will surely continue to rise, that's why countries and even some people are in the FOMO fever right now because they are slowly realizing that investing their money in Bitcoin is much better than putting it in bank.

People who knows how to Trade will always make profits whatever situation of the market is, that's why technical analysis is a good foundation for someone not to buy or sell their Bitcoin blindly to avoid profit loss.
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