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Topic: Bitcoin had a drop recently, that means is a good time to buy some? (Read 489 times)

newbie
Activity: 10
Merit: 0
Yeah, I did not know that buying bitcoin was expensive af....

I will probably try a different currency... Any ideas?
member
Activity: 350
Merit: 10
When bitcoine prices are falling this is a good time to buy it because it is profitable in financial terms
newbie
Activity: 10
Merit: 0
rizkyhiw
Legendary
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Already many investors are starting to buy and grow his business at a time like this price. You are right this is the right time to buy it, as a new user you have to learn a lot and see the news coming recently so you can better understand and mature to make strategy.
Advice from me, if you have a large capital buy some altcoins as well, do not just rely on a single coin like bitcoin alone, so you get a lot of profit in the future. I think this is suitable for new users / investors.

I like what you're suggesting... Well I do not have a large capital but I do want to invest, your recommendation will be to start with more affordable coins? That sounds about right, can I later trade that other type of coin for bitcoins?
legendary
Activity: 1484
Merit: 1004
Already many investors are starting to buy and grow his business at a time like this price. You are right this is the right time to buy it, as a new user you have to learn a lot and see the news coming recently so you can better understand and mature to make strategy.
Advice from me, if you have a large capital buy some altcoins as well, do not just rely on a single coin like bitcoin alone, so you get a lot of profit in the future. I think this is suitable for new users / investors.
hero member
Activity: 812
Merit: 510
This is the same thing I have been hearing for past 2 months that price has fallen it is a good time to buy it but actually nothing really has happened till now , I'm not saying that price will remain at this but before investing everyone should be careful as things can turn around any moment
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
I am a new user of this, still learning on how it works and not sure how to start buying.

Now, just after the drop, will be a good time?

For most investors they buy bitcoin when the price is in a big drop and just wait for it to rise up again but others wont mind the current price of bitcoin as long as they have funds to buy some. Just make sure you invest what you can afford to lose. And patience is a must too. Good luck!

Well even every day, the price of bitcoin drops and goes up at times. So if you want to get in, try to time your entry during dips. The drop last january would probably not happen again soon and waiting for the next one may get you to miss a lot of opportunities.
legendary
Activity: 1442
Merit: 1025
The general rule is buy low and sell high but it depends on your expectations and your goals. The price is low relative to where it was a week ago but high relative to 2 weeks ago, then again it's very low compared to just a couple of months ago.

If you believe in bitcoin and are in it for the long term then the decision is much easier because you can be safe in your assumption the price will continue to grow and reach a new ATH later this year. With that in mind it seems like a good time to buy right now.
Really for someone who is holding for very long positions anyway, and there is no knowledge to analyze the chart to know when to buy in, I would rather say, they start buying in margins. We have gone down and we do not know how long we can still go, but the market will always recover, so in that case, buying in percentages is always good enough and at least you have yourself covered even if the market goes down more, or it starts recovering.

Bitcoin should be purchased at the most lowest price that you can enter into. Now would be okay or around $8, if it goes down there.
I would not be surprised if some people may still be looking for something lower than what we already had which even made some long term holders to have missed a mouthwatering offer at $6000 less. No one can predict when we will break out from the downtrend channel, but at least, we will at some point, and the most important thing is to make use of the present moment to stash in more, which I believe every investor must be considering by now anyway.
sr. member
Activity: 434
Merit: 255
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Bitcoin is always profitable to buy. Who is the most important goal for which you buy bitcoins. A lot of people want to keep the coins and get rich in the future. It is possible at any price. Trading on the stock exchange also enables you to profit regardless of the price of bitcoin. Buy and sell bitcoin always.
full member
Activity: 518
Merit: 101
It's a good timing to buy if bitcoin's market value dropped drastically. As what others are doing, buying the dip is really a good idea just like when bitcoin plummets down to 5K USD mark because that is a very rare situation of buying bitcoin at a very low price.
jr. member
Activity: 212
Merit: 3
If you look at the chart price of bitcoin, yes now is the right time to buy bitcoin. Because bitcoin price has reached $ 20,000 before, but the question is will bitcoin price rise again or even exceed the $20,000 price? So I think if you have a lot of time in the world of crypto you can try trading first, by way of trading you can increase your capital. After that if bitcoin price goes up as it happened before you can change trading with investment and hold as you can.
full member
Activity: 644
Merit: 107
yes this is the right time to buy. the price now shows in the figure $ 10,340 in my opinion if many investors buy at the current price, I am sure that they will get a double benefit in the future.
indeed the price is still still heartbreaking, but this is still fairly normal. I am also still considering this situation, whether I should buy or not? his problem i am still considering his capital haha ​​i want to buy bitcoin and some other coins as well.
newbie
Activity: 12
Merit: 0
traders' traditions are buying when the price falls, if you are still learning I suggest you do not invest in a single coin. you can invest your money in altcoin like Eth, xrp, litecoin and others. these coins are very profitable also if invested and its potential is very good especially Eth that can be called a child of bitcoin. if you want to get success from the current situation, you have to take action, do not regret it at the end of the show. Kiss
member
Activity: 350
Merit: 12
for me yes...it is a good tine to buy bitcoin now because it has low price without worrying that it will not bounce back because due to high demands,most probably their is a big possibility also that it will increase the price...in a business it is always the rules..more demands the high the price is and no demands the cheaper the price is.
member
Activity: 448
Merit: 10
When this happens it's really the best time to buy it, because it gives a very big benefit in the financial plan
full member
Activity: 476
Merit: 124
The recent drop that happened is a good time to accumulate and buy BTC at a discounted price. If you understand the cycle in trading BTC, you would be able to decide for yourself a good buying point and take profit once your own goal has been achieved.
full member
Activity: 406
Merit: 110
I am a new user of this, still learning on how it works and not sure how to start buying.

Now, just after the drop, will be a good time?
buying crypto without knowledge is not safe , you should learn more first to avoid  buying coin that has no potential to grow ,'cause there are some shitcoin nowadays if you don't know about that. So for the sake of your capital make some research and learn more about the market to gain more information when is the good time to buy and how to prevent loses in doing different ways in crypto

Of course, he must do some research and read about investing. But I think he could buy some cheap coins with potential for growth, to see how the market works. Possible losses will be small, and he will learn a lot about trading.
Yes, since having enough knowledge will lead you to success here although you are just only buying in a small amount it does not matter since that small amount can be a huge amount of bitcoin some day so do not hesitate guys so that we cannot regret things in the future.
hero member
Activity: 2002
Merit: 516
I am a new user of this, still learning on how it works and not sure how to start buying.

Now, just after the drop, will be a good time?
buying crypto without knowledge is not safe , you should learn more first to avoid  buying coin that has no potential to grow ,'cause there are some shitcoin nowadays if you don't know about that. So for the sake of your capital make some research and learn more about the market to gain more information when is the good time to buy and how to prevent loses in doing different ways in crypto

Of course, he must do some research and read about investing. But I think he could buy some cheap coins with potential for growth, to see how the market works. Possible losses will be small, and he will learn a lot about trading.
full member
Activity: 1064
Merit: 112
I am a new user of this, still learning on how it works and not sure how to start buying.

Now, just after the drop, will be a good time?
buying crypto without knowledge is not safe , you should learn more first to avoid  buying coin that has no potential to grow ,'cause there are some shitcoin nowadays if you don't know about that. So for the sake of your capital make some research and learn more about the market to gain more information when is the good time to buy and how to prevent loses in doing different ways in crypto
member
Activity: 350
Merit: 10
When prices go down it's a good time to buy something, and when bitcoin falls in price I try not to miss it and have time to buy
legendary
Activity: 1232
Merit: 1029
This is a good time to buy when bitcoin prices fall like this, do not hesitate to buy bitcoin because I'm sure that by the end of 2018 bitcoin will surge in price and that's what we want.
Waiting for a perfect moment for a long term investor is what has made a lot of people to miss a good buying opportunity. I always tell people that as long as you do not know when to buy, just buy in as much as you are not buying into fomo and you are buying at dip. This period is good, and you can even decide to play with some margin by buying in bit by bit until you decide to go fully in once the trend of the market changes.

If you are planning to be a long term holder, you are still in a very good buy zone and you have nothing to worry about. You are still better than buying at the top anyway. We are still in a downtrend channel, and you are still buying at the dip, so you should be fine in the long run, the most important thing is to buying, forget about whatever is happening with the market and come back probably in a year's time.
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