Bitcoin is over 7000$ Should i invest now? - page 3.

harizen

legendary

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Quote from: lordrost on November 03, 2017, 03:27:41 PM

I keep my money with LTC and ETH.
I think to buy some BTC now. Should i buy now?

As for me, i think it will decrease to 6000, but then go up to 10 000

What do you think?

Back when bitcoin reached $500 after struck at $200+ level for about half a year, some people questioned if they should invest on bitcoin that time because the price was considered as high. And then same question was being asked again when $1,000, $2,000, $3,000 so on have been reached. So now what?

What you need is guts to enter bitcoin investment and accepts all the associated risks rather than find an answer if it's really time to invest. No one knows what will happen so accept the deal if you really want to invest on bitcoin. Goodluck mate.

Owillz

member

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it depends on if you want to hold for long or short time. you can buy now and hold for months and you will still take out your profit. . . but if it is for a short time, i fear a drop in price too. . . just wait and let see how it goes. . . but personally, i a buying a little though waiting to see which way the market goes next

Gabb

full member

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If you want to buy bitcoin but you doubt if this is the right time to buy or wait for the price to go down, maybe you should invest only a small fraction of the capital you plan to invest. That is, if you have $ 10,000 to invest in bitcoin, maybe you could buy now just $500, buy $700 worth of bitcoin at $6500, buy $1000 at $6000 and so on.

MissionPhailed

hero member

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Well, you could invest now but chances are your investment will run into the red numbers pretty soon due to the inevitable (I assume?) correction after this peak. Are you allocating funds from ETH and LTC into BTC? I'd keep those two alts in any case. You could purchase BTC on a weekly basis so you spread out your risk. The cryptomarket is very unpredictable these days, more than ever!

okala

full member

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If you are sure that bitcoin will decrease to $6000 before going to $10,000 then you should wait until the price get back to that level. However, I have been following this market for quite sometimes now and I doubt if we would get back to $6000 before end of this year. Selling your ethereum and litecoin when the price is going down is not advisable and the right thing to do is to buy more coins when there price is going down.

DaMut

sr. member

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if you believe that then it will be like that,should be right ?
trading rule :
never use what people says as your guide to make a decision,always do your own research.
which mean if you think it will move that way,why you do not make your own strategy ?
everyday and everytime are a good time to buy Bitcoin,because it has not found its place yet in my opinion.
they pumped it from $4000 to this price,that mean it has a possibility to reach $4000 more or less in the near future.
but even though that will happen,it will only for a few minutes because of the panic sell.
and lastly we still have a time for more than 10 days before segwit2x,i believe we should see the last one in the future.
hold it tightly.

for LTC and ETH,
if you already have a position in there,you should hold it.
because Bitcoin run will not last forever.

lordrost

newbie

Activity: 1

Merit: 0

I keep my money with LTC and ETH.
I think to buy some BTC now. Should i buy now?

As for me, i think it will decrease to 6000, but then go up to 10 000

What do you think?

Topic: Bitcoin is over 7000$ Should i invest now? - page 3. (Read 1145 times)