Bitcoin has gone up the past week. - page 6.

tomahawk9

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Quote from: Robdwny on December 23, 2019, 11:50:02 AM

It has gone up around $800

So? We're still in a bear market.

Quote from: Robdwny on December 23, 2019, 11:50:02 AM

Or they will not come in to play?

Who is "they"? If you're talking about smart money or institutional investors, or even newcomers buying like crazy thus causing a massive pump in the price then, no, it's very likely that "they won't come in to play" in just one week.

Quote from: Robdwny on December 23, 2019, 11:50:02 AM

I’m waiting for some money to clear to buy some. And I don’t know right now is the best time to buy

The best time to buy is whenever you feel like it. If you try to time the market to buy chances are you'll get burned in no time and regret buying.

agentx44

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Quote from: Robdwny on December 23, 2019, 11:50:02 AM

It has gone up around $800, do you think they could run it up and then I would come down before January 1 before the new year. Or they will not come in to play? I’m waiting for some money to clear to buy some. And I don’t know right now is the best time to buy

We cannot expect more actually and it will be best not to expect much since bitcoin struggled a lot this year and its price has been going high and low frequently. Since it has been going high oftenly lately, we should set ourselves ready depending on our speculation, if we think the price will continue to increase, we should keep on holding then but if we think it would decrease we should wait and find the right timing to buy cheap bitcoins in the market. Always be strategic and flexible on what may happen in bitcoin to make it more beneficial.

Oceat

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Quote from: Robdwny on December 23, 2019, 11:50:02 AM

It has gone up around $800, do you think they could run it up and then I would come down before January 1 before the new year. Or they will not come in to play? I’m waiting for some money to clear to buy some. And I don’t know right now is the best time to buy

The market seems to be unstable you might end up selling at the losing position. What are you waiting for? If you think you can get the profit that you want then sell it but for me, I'd rather hodl it until there's a bull market. I wouldn't waste my investment to something if it is not that important. Bitcoin may break a new resistance if its continue to rise but if not then consider this price as the peak because you know where is the support level would end if you know how to read charts.

Ryker1

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Quote from: Robdwny on December 23, 2019, 11:50:02 AM

It has gone up around $800, do you think they could run it up and then I would come down before January 1 before the new year. Or they will not come in to play? I’m waiting for some money to clear to buy some. And I don’t know right now is the best time to buy

Well, I think this is not an appropriate thread and should move into the speculation board. Scroll down and click the "move topic" button.
Well, there are a lot of threads similar with this thread but the answer is only one, it's "unpredictable", as we know that the next block halving has nearly come and I think this makes probably bitcoin will begin again into a correction of the price which means, it will down. Anytime is the best time to buy if you are a long term holder because you will not sell on it as long as your profit was not there.

Indeed, just decide that did not against your will, because sometimes we will regret and pointing others to blame. I dont want to happen to me.

smyslov

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Quote from: Robdwny on December 23, 2019, 11:50:02 AM

It has gone up around $800, do you think they could run it up and then I would come down before January 1 before the new year. Or they will not come in to play? I’m waiting for some money to clear to buy some. And I don’t know right now is the best time to buy

Yes I notice that and just the right time when I cash out from my signature campaign, I hope this will continue to rise up, I guess the holiday frenzy for those who sell their Bitcoin because of the holiday are now over, and there are some people who received their bonus and now buying or have buy back what they sold before the holiday week.

Robdwny

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I understand no one would know Where it’s headed. I was just trying to see what the thoughts were on before the beginning of the year because of the way it’s running up.

I’m buying strictly on long-term so I think I’m just going to end up buying no matter what it is. It was in the high 6000s couple days ago but my money did not clear

jossiel

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No one knows for sure.

Not everything that goes up will go up continuously. There will be a dipping scenario which is a basic thing for bitcoin. What's the specific price that you want to see with bitcoin before buying? if you just saw the price earlier it's much cheaper below $7,000.

iamaruf

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Maybe bitcoin price will go up in.End of this year we can see the price around 7.8k to 8k$ .Though btc can drop also but low hope.If people want to make profit from btc then this is right choice.In short time we can make profit 500$ to 800$.

Artemis3

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Quote from: ChrisPop on December 23, 2019, 12:37:20 PM

Quote from: Robdwny on December 23, 2019, 11:50:02 AM

It has gone up around $800, do you think they could run it up and then I would come down before January 1 before the new year. Or they will not come in to play? I’m waiting for some money to clear to buy some. And I don’t know right now is the best time to buy

It depends.. are you a long-term investor and believer in Bitcoin and you're willing to invest for the long-term? Then it wouldn't matter if you invest at $7000 or $8000 as you I suppose you have a belief that BTC will reach one of those so called "crazy" numbers aka $100,000- $1M.

If you just want to profit from short-term price gains then you need to learn how to interpret market information by learning technical analysis. Wink

But you don't have to aim for "crazy" numbers, anything above purchase price is already a win, as long as you go above whatever fees the exchange takes etc.

Some traders say 20% would be good to cash, others say 2%. Everyone's strategy is different, i'd say long term it should work regardless, but i wouldn't be hoping for crazy numbers like 100k. Something more rational like 15k would be sufficient. And if you happen to buy at a peak you have to wait it out. Worse were those that bought at 19k, and eventually, that price will be reached again, but it could take years.

Just try not to buy when everybody else is... That's already too late. Now looks fine to me, 7k~8k isn't too bad. If it were to drop down to 6k the wait to 8k shouldn't take as long as a wait to 19k...

ChrisPop

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Quote from: Robdwny on December 23, 2019, 11:50:02 AM

It has gone up around $800, do you think they could run it up and then I would come down before January 1 before the new year. Or they will not come in to play? I’m waiting for some money to clear to buy some. And I don’t know right now is the best time to buy

It depends.. are you a long-term investor and believer in Bitcoin and you're willing to invest for the long-term? Then it wouldn't matter if you invest at $7000 or $8000 as you I suppose you have a belief that BTC will reach one of those so called "crazy" numbers aka $100,000- $1M.

If you just want to profit from short-term price gains then you need to learn how to interpret market information by learning technical analysis. Wink

xZork

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It is all possible in the cryptocurrency market and it is entirely possible that bitcoin can continue to increase. No one can answer your question correctly, if anyone can answer that question surely he has become a millionaire.
I think bitcoin will rise to $ 7900 then it will drop to $ 7k2 and hold that price until the end of the year.

hossamdz

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Currently, no one knows. Last week, the majority of optimists expected to break the levels of 6 k $, and today it is moving steadily towards 10,000 $.

MuffinMaster

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Quote from: Robdwny on December 23, 2019, 11:50:02 AM

It has gone up around $800, do you think they could run it up and then I would come down before January 1 before the new year. Or they will not come in to play? I’m waiting for some money to clear to buy some. And I don’t know right now is the best time to buy

This is million dollar questions which no one can answer correctly. Few hours back it was on 75004 and now on 7600$. No one knows it will go to 8000$ from here or to 7000$. Its always advised not to buy in bull market but many will do that mistake. those who have bought bitcoin at 6800$ are selling now.

Robdwny

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It has gone up around $800, do you think they could run it up and then I would come down before January 1 before the new year. Or they will not come in to play? I’m waiting for some money to clear to buy some. And I don’t know right now is the best time to buy

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