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Topic: Bitcoin on the high side? (Read 1006 times)

legendary
Activity: 1862
Merit: 1004
August 19, 2017, 04:50:26 PM
#36
To put it bluntly - bitcoin is destined to rise higher, even despite a recent rapid growth of Bitcoin Cash - which supposedly is not more profitable to mine now.
Op, if you are worried about crash or explosive volatility then maybe cryptocurrency is not for you? After all, no one can guarantee you that the price will be stable or won't crash.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
August 19, 2017, 04:23:14 PM
#35
Is it still a good timing to enter the market for bitcoin? or should i wait for price to drop before entering?
If you continue to wait for the price to fall you will only waste time to buy bitcoin now, if you can afford to buy bitcoin now better buy it soon, because bitcoin price will continue to increase until the end of this year and will continue to increase in every year.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
August 19, 2017, 04:15:45 PM
#34
Is it still a good timing to enter the market for bitcoin? or should i wait for price to drop before entering?

I agree that Bitcoin price is high right now

And in fact it is at an all-time high (well, was there a couple days ago). but as the saying goes, it is always the right time to trade (whether you to buy or sell). It is how you are going to trade that will make all the difference in the end. If you want to buy but are still unsure about future price and the direction where it will go, you can always use some variety of a dollar-cost averaging strategy. So you buy a handful of bitcoins now for a certain amount of dollars, and if Bitcoin starts sliding down you continue buying for the same amount of dollars. In this way, with every purchase you will be buying more and more bitcoins while spending the same amount of dollars. So when the price reverts eventually (provided it goes down in the first place at all), you will quickly overcome your paper losses and make decent profits
hero member
Activity: 1008
Merit: 531
August 19, 2017, 01:58:23 AM
#33
Is it still a good timing to enter the market for bitcoin? or should i wait for price to drop before entering?

If you are entering into the market right now please be careful.

I do think that we are going to enter another phase of pumping soon, but there is really no doubt that we are in a bubble. If you are investing right now you are essentially betting on how far this bubble is going to sustain. Not a very good investment to make at all.

Definitely overpriced right now, anything over $3000 is extremely overpriced and you should be careful with it.

Wait for the dip below $3500 at the LEAST before buying in.
sr. member
Activity: 516
Merit: 250
August 19, 2017, 12:50:23 AM
#32
Is it still a good timing to enter the market for bitcoin? or should i wait for price to drop before entering?

I think it's not a good time to enter the market of bitcoin. In the last few weeks the bitcoin price is already on top and i'm pretty sure the price will going down soon but not so down, if the price of bitcoin hit $4,000, it's a good time to buy bitcoin. Actually i'm not also sure about that but i always look at the bitcoin cash price. When bitcoin cash price increase, bitcoin price going down and when bitcoin cash price decrease, bitcoin price increase. So, just wait until the bitcoin cash price decrease, it's your time buy bitcoin when it happen.
legendary
Activity: 1246
Merit: 1000
August 19, 2017, 12:32:23 AM
#31
If you feel convinced to invest in bitcoin, why not do it now. There is nothing we need to wait for a better and lucrative prospect. The current high value, doesn't mean we are late. Because demand for bitcoin still very high.

It is actually a mind thing. Would I feel comfortable investing at $4k when I know that I had an opportunity to invest at $2k just a month back? Although we might have missed the bus, it still hurts.
full member
Activity: 296
Merit: 100
August 18, 2017, 02:02:02 PM
#30
Is it still a good timing to enter the market for bitcoin? or should i wait for price to drop before entering?

You can wait and wait, there is not a good time for enter in the trading of bitcoin.
I think its never late to enter on this
You need only to know some infos and can earn all time with bitcoin trading Smiley
If you wish to buy bitcoin now then I think you don't want to drop your plan. If bitcoin experience any drop in price too it will be for short time, soon it will come up. Hold on to get good profits.
sr. member
Activity: 665
Merit: 250
August 18, 2017, 01:54:56 PM
#29
If you feel convinced to invest in bitcoin, why not do it now. There is nothing we need to wait for a better and lucrative prospect. The current high value, doesn't mean we are late. Because demand for bitcoin still very high.
sr. member
Activity: 434
Merit: 250
August 18, 2017, 04:51:54 AM
#28
Is it still a good timing to enter the market for bitcoin? or should i wait for price to drop before entering?

Bitcoin has been stable, if you intend to invest in it, this is the right time. Do not hesitate, procrastination will make you make the wrong decision.
sr. member
Activity: 536
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
August 18, 2017, 01:49:42 AM
#27
Is it still a good timing to enter the market for bitcoin? or should i wait for price to drop before entering?

It is very high price and the risk is inevitable. So if I were you I just wait until next year or this January fall of bitcoin.
Why do we have to wait till next year? I think it's good when it's getting higher because that means many people already trust bitcoin. The more it gets higher,the more it is in demand. We all know about that in Economics. It is a direct propotional spread of value. I also think that there is no perfect timing because as you can see every now and then it's increasing and many members are selling accounts. There are just making it extra profitable.
full member
Activity: 560
Merit: 112
August 17, 2017, 11:17:11 PM
#26
Is it still a good timing to enter the market for bitcoin? or should i wait for price to drop before entering?

It is very high price and the risk is inevitable. So if I were you I just wait until next year or this January fall of bitcoin.
full member
Activity: 140
Merit: 100
August 17, 2017, 06:19:38 PM
#25
Is it still a good timing to enter the market for bitcoin? or should i wait for price to drop before entering?

No one really knows whether Bitcoin's price will still go up or will drop down. If you invest now then the price goes down then it will be a disappointment, if you constantly wait for Bitcoin to go down then in continued to soar up then it is also a disappointment so since Bitcoin is unpredictable, it is best to enter any time you like. Bitcoin is volatile, regardless of when you get on board, you will still profit on a certain point of time.
sr. member
Activity: 490
Merit: 256
August 17, 2017, 05:44:29 PM
#24
Is it still a good timing to enter the market for bitcoin? or should i wait for price to drop before entering?

Every entry point in Bitcoin is always a good time for opportunity. When is the entry point open? Anytime. So at any point in time, you can always get on board. No one really knows whether Bitcoin's price will go up or down as well as when will this price change will happen. The best thing to do is to monitor the market, gather information about the current news and understand whether it will affect the price positive or negatively, and the best thing is to trust your guts. You are the one will decide when to go in or out so if you have a strong feeling about your decision, then go for it.
full member
Activity: 420
Merit: 100
August 17, 2017, 02:20:05 PM
#23
Probably best to buy BCC at this point with Chinas upcoming attack on Bitcoin.
Haha, I have predicts after they earned a huge profit from NEO, next choose will be Litecoin or Bitcoin Cash for pump to the moon of trader Chinese with reason replace Bitcoin system bla bla bla ... Tongue
legendary
Activity: 1937
Merit: 1001
August 17, 2017, 01:55:43 PM
#22
Probably best to buy BCC at this point with Chinas upcoming attack on Bitcoin.
legendary
Activity: 3122
Merit: 1398
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August 17, 2017, 01:52:13 PM
#21
Is it still a good timing to enter the market for bitcoin? or should i wait for price to drop before entering?

That waiting too much sometimes wrecking people's strategy and plan. Remember that no one knows what will happened. If you afford to buy at the current price rate and knows the risk or should I say, you know what are you are doing, just do the buying. Questions like that are being rises whenever there is a big price increase. When time comes that price is being dropped, that question can also be seen and the result, being late as price increase will happen afterwards.

Try to minimize the feeling of being a regret. Bitcoin is long term so expect price increase eventhough it will experienced again a hard crash.
legendary
Activity: 3038
Merit: 2166
Playgram - The Telegram Casino
August 17, 2017, 11:58:25 AM
#20
Is it still a good timing to enter the market for bitcoin? or should i wait for price to drop before entering?

Think about the following -- which would bother you more:

a) Not entering the market and seeing the train leave the station with BTC rising to USD 8k

b) Entering the market and seeing your investment dwindle while BTC drops to USD 2k


I personally think that BTC will reach USD 8k at one point in the future, but I also think it will heavily correct before reaching that price point. So choose wisely and know your mindset. Panic buying after the fact is just as bad as panic selling.
legendary
Activity: 2008
Merit: 1028
Fill Your Barrel with Bitcoins!
August 17, 2017, 10:26:51 AM
#19
You should buy Bitcoins to own Bitcoins, and not worry about the price so much.

It is much harder to obtain Bitcoins that regular fiat currency, so if you have to pay a premium then so what? Bitcoin has shown to be the best investment time and time again. Even if you buy at a peak and the price drops, the price will eventually reach an ATH. Just buy and hold, always. If you buy at $4500 and the price drops to $3500, buy more!

Once you have the Bitcoins, what you paid is irrelevant. If you have 1 Bitcoin then you have 1 Bitcoin regardless of the price. Just get those Bitcoins and forget about Fiat already!

When Bitcoin is worth $200,000 will it really matter if you bought at $4000 or $2000?
legendary
Activity: 3038
Merit: 1169
August 17, 2017, 10:08:40 AM
#18
Is it still a good timing to enter the market for bitcoin? or should i wait for price to drop before entering?

Yeah I think it is, take the opportunity as there is still great potential here. You can still probably profit more than 50% this year.
I think the price will end up at $7000 or even more before year end. That is my prediction on bitcoin. I won't even be surprised to
see this reach $10,000.

In less than a month, it has climbed from $1,800 to $4,450. If everything goes as per the plan in November and if the 2MB block size limit is implemented successfully, the we can even expect $10,000 by the end of this year.

Wow! that is a lot to swallow up by newbies and I think all of the people that are just starting to use bitcoin need to really just buy on to bitcoin and hold on it up till next year if that is the case and the price would really skyrocketed up. and I think this is a good news for the ones that are still and will hold their bitcoin for the rest of this year.
legendary
Activity: 2044
Merit: 1008
August 17, 2017, 09:45:34 AM
#17
Is it still a good timing to enter the market for bitcoin? or should i wait for price to drop before entering?

Yeah I think it is, take the opportunity as there is still great potential here. You can still probably profit more than 50% this year.
I think the price will end up at $7000 or even more before year end. That is my prediction on bitcoin. I won't even be surprised to
see this reach $10,000.

In less than a month, it has climbed from $1,800 to $4,450. If everything goes as per the plan in November and if the 2MB block size limit is implemented successfully, the we can even expect $10,000 by the end of this year.
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