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Topic: Bitcoin Price - page 2. (Read 699 times)

hero member
Activity: 1932
Merit: 504
January 17, 2020, 10:59:35 AM
#53
It is still save to invest in bitcoin now because it is still relatively cheap as it is still in the region below 10,000. The halving expectation is one of the factors that will rise price and this is the best time you can reinvest.

But it is better if he can find a low price so he can get more bitcoin. I suggest he not use all of the money he has but only uses some money, maybe half of the total money he has, so he has the other money as a reserve. But if he can accept the volatility of bitcoin price, then I guess that he can buy with all of his money, and hold it for a while. We hope that when the halving time comes, the price can increase higher, and maybe the price will reach $20k again.
I will agree with you when you said OP use half amount of his total money. Because with him reserve it, he can use the rest to something that maybe urgent or can be back up if his investment be not good anymore. Since i heard OP said that withdrew like a month and half ago on coinbase to pay some college loans, i think he must have spare money for that thing again.
sr. member
Activity: 2618
Merit: 335
January 17, 2020, 10:36:47 AM
#52
Bitcoin is really doing good these days. I have seen a lot of predictions and they have all failed, though Dave on Twitter said there’s going to be an increase and he stated reasons, but there are other experts that have claimed he’s wrong so I can’t really tell where we are heading to. Based on what we have experienced in the past years, I guess there is going to be another bull run after the halving.

I am not having high expectations on Bitcoin because I know that anything can happen and we can be disappointed, so I always mind how much I’m investing.
legendary
Activity: 2884
Merit: 1006
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January 17, 2020, 10:22:48 AM
#51
If those $4000 is total amount of your current money then it could be risky to go all in for buy bitcoin and i think use only 25% from $4000 to buy bitcoin is pretty safe but i have to says to get cheap price of bitcoin currently a bit late because the rally has begun and in my view the best opportunity to get cheap bitcoin is last year so those who already buying bitcoin on last year will have decent profit if they sell bitcoin at the current price
hero member
Activity: 2604
Merit: 816
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January 17, 2020, 10:17:52 AM
#50
It is still save to invest in bitcoin now because it is still relatively cheap as it is still in the region below 10,000. The halving expectation is one of the factors that will rise price and this is the best time you can reinvest.

But it is better if he can find a low price so he can get more bitcoin. I suggest he not use all of the money he has but only uses some money, maybe half of the total money he has, so he has the other money as a reserve. But if he can accept the volatility of bitcoin price, then I guess that he can buy with all of his money, and hold it for a while. We hope that when the halving time comes, the price can increase higher, and maybe the price will reach $20k again.
sr. member
Activity: 2366
Merit: 332
January 17, 2020, 10:08:21 AM
#49
It is still save to invest in bitcoin now because it is still relatively cheap as it is still in the region below 10,000. The halving expectation is one of the factors that will rise price and this is the best time you can reinvest.
sr. member
Activity: 1344
Merit: 270
January 17, 2020, 08:57:04 AM
#48
I don't have bitcoin in my wallet and holding only several altcoin but really hope with bitcoin could back with higher price above $15,000 to make altcoin can allow how bitcoin price raise up, I think without bitcoin goes higher price impossible altcoin can raise with higher price how the same moment last 2017 and take much profit with our altcoin investment.
sr. member
Activity: 1988
Merit: 254
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January 17, 2020, 08:22:28 AM
#47
Buy now but I suggest just used $3k and reserve the $1k for emergency purposes. Even if the price goes down again, you still have money left to use and won't force yourself to sell at a lower price. You're not late yet if you were going to buy right now as we haven't reach a 5-digit price yet. It's either you take a risk or regret. If you will take a risk, you won't lose any as long you won't sell it at a lower price, all you need to do is wait for increase. The best time to buy btc is before a possible bull run.
Agree with you on this strategy, this is a way to help us not to dump or sell when prices are falling because of emergencies in our lives. Always saving some money to solve those problems, OP didn't follow this strategy and now he has lost the opportunity to make a profit with bitcoin. But things are still not too late, now we can start buying and holding because the halving is still very far away
hero member
Activity: 2842
Merit: 625
January 17, 2020, 08:01:15 AM
#46
How much is your balance for the loan? I'd advise you to pay that first so that you are free to do or spend that money in whatever and whenever you want. But if that's not easy and not the way that I think. If you have a spare money with your savings and that entire $4,000 is, wait a bit until the price decreases for the while.

But as much as possible be debt free first so that the experience you had before won't happen and if you have to pay for the loan and the price of bitcoin drops, you won't be feeling sorry for selling it.

It's a student loan a little above $17,000 and I pay $189/month or ready.  I'm afraid the price won't decrease for a long time or how about if it never does again to $7,000.  Wirhdrawing was a risk in itself and a mistake, I plan to wait after investing again.
You should do that and know the situation that you're dealing with. Don't commit into investment if you're at debt too although, it's a risk and reward mindset that you have there but be at the better place first.

If you have an amount freely and ready to invest and it won't affect you paying the loan, do it. I think you are aware of what you're doing and you're aware of the risk in bitcoin and what you're taking.
legendary
Activity: 2058
Merit: 1015
January 17, 2020, 07:21:38 AM
#45
Buy now but I suggest just used $3k and reserve the $1k for emergency purposes. Even if the price goes down again, you still have money left to use and won't force yourself to sell at a lower price. You're not late yet if you were going to buy right now as we haven't reach a 5-digit price yet. It's either you take a risk or regret. If you will take a risk, you won't lose any as long you won't sell it at a lower price, all you need to do is wait for increase. The best time to buy btc is before a possible bull run.
sr. member
Activity: 952
Merit: 250
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January 17, 2020, 05:56:11 AM
#44
I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping.  Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?

Dont try timing the market.  Buy as much as you can comfortably afford with the money you have and then go from there.  My recomendation from here and anyone is to incrementally buy week by week or month by month.  This protects you from sudden dips so you can cost average lower but at the same time be able to catch some of the rising prices with coin you already have bought. 
when market conditions like this, quite a lot of people who want to return to buy bitcoin and regret having sold it at a low price. to be honest, I agree with your opinion. do not rush to assess this. if you want to have bitcoin back, think carefully about the benefits, so you don't regret it. other than that, buy according to your needs, and don't overdo it.
You will regret when you put it in 1 basket, but things suddenly turn out to be a boomerang for you

If you've learned to manage your funds and don't risk it on just one blow, you won't do that because there's no assurance for the market to stay on the current level. While the price was at lower costs, then buying time must be initiated and accumulation of btc holdings must be observed better. You can eventually grow your asset when perfect target is reached so you can sell when high price is acquired.
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
January 17, 2020, 02:10:27 AM
#43
I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping.  Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?
No one can give you fixed prediction about bitcoin. Maybe what we people can say is bitcoin will get halving and big possibility it can pumped like in last pump. But there are possibility halving not change anything and maybe people who dissapointed with it can sell bitcoin and make it dumped hard. Do your own research and people's research here and you can make decision from it.
sr. member
Activity: 1932
Merit: 448
January 17, 2020, 01:34:38 AM
#42
I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping.  Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?

Dont try timing the market.  Buy as much as you can comfortably afford with the money you have and then go from there.  My recomendation from here and anyone is to incrementally buy week by week or month by month.  This protects you from sudden dips so you can cost average lower but at the same time be able to catch some of the rising prices with coin you already have bought. 
when market conditions like this, quite a lot of people who want to return to buy bitcoin and regret having sold it at a low price. to be honest, I agree with your opinion. do not rush to assess this. if you want to have bitcoin back, think carefully about the benefits, so you don't regret it. other than that, buy according to your needs, and don't overdo it.
You will regret when you put it in 1 basket, but things suddenly turn out to be a boomerang for you
legendary
Activity: 3738
Merit: 1415
January 16, 2020, 01:51:59 PM
#41
I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping.  Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?

Dont try timing the market.  Buy as much as you can comfortably afford with the money you have and then go from there.  My recomendation from here and anyone is to incrementally buy week by week or month by month.  This protects you from sudden dips so you can cost average lower but at the same time be able to catch some of the rising prices with coin you already have bought. 
newbie
Activity: 23
Merit: 0
January 16, 2020, 01:49:34 PM
#40
I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping.  Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?

You have made the mistake and it’s very difficult to undo that mistake. I will not suggest you to go and buy bitcoin right now, as its going up and it’s not recommended to buy an upward going bitcoin. If you have 4k$ in bank then hold them in bank and wait for next bitcoin dip.


How about just spending half of the 4k like others have suggested?  How about if it doesn't dip again for a long time or ever???
hero member
Activity: 788
Merit: 505
January 16, 2020, 09:02:05 AM
#39
I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping.  Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?

You have made the mistake and it’s very difficult to undo that mistake. I will not suggest you to go and buy bitcoin right now, as its going up and it’s not recommended to buy an upward going bitcoin. If you have 4k$ in bank then hold them in bank and wait for next bitcoin dip.
sr. member
Activity: 2002
Merit: 250
January 16, 2020, 06:38:53 AM
#38
I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping.  Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?
If you really have Bitcoin on month and half ago, surely you know the crypto investment knowledge. The current market is growing well so many peoples are concentrate BCH and BSV investment, But too risky investment on rapidly growing platform. If you looking for mid term and long term investment, you will choose your convenient platform.
first when BSV prices were low it was good to try to buy, but now if you try to buy BCH and BSV, of course the risk to be faced is too high, don't buy it
legendary
Activity: 3808
Merit: 1723
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January 16, 2020, 01:51:05 AM
#37
Investing in Bitcoin is different than what most people are doing now a days in the crypto community. I understand why he prefers bitcoin compared to say stocks which might crash at any given moment given the crazy bull run they had.

The issue with most new adopters is that they buy BTC and then they buy alts to get more money and they usually end up losing most of it. Or they go on some exchange like Bitmex and go 100x leverage and end up getting liquidated.

Buying BTC on spot and holding for long term is a pretty safe investment. No different than say buying TSLA or AAPL right now.
sr. member
Activity: 700
Merit: 250
January 16, 2020, 01:32:14 AM
#36
I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping.  Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?
If you really have Bitcoin on month and half ago, surely you know the crypto investment knowledge. The current market is growing well so many peoples are concentrate BCH and BSV investment, But too risky investment on rapidly growing platform. If you looking for mid term and long term investment, you will choose your convenient platform.
hero member
Activity: 1106
Merit: 506
January 16, 2020, 01:09:50 AM
#35
I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping.  Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?

in my opinion the first thing you should do is divide your money into two parts. for example you use $ 2k for living expenses and the rest for bitcoin investment. don't mix money for living expenses and investment money into one. then do research and analysis of bitcoin price movements. bitcoin is currently experiencing an increase but there is a possibility that bitcoin will dump again before decreasing by half. so in my opinion you should wait and see the bitcoin price movements. and buy when bitcoin has decreased.
hero member
Activity: 1624
Merit: 500
January 16, 2020, 01:07:31 AM
#34
I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping.  Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?
actually your chance is still very big, friend. That's because halving hasn't happened yet, so I think the potential price of bitcoin to go higher still is huge. other than that, I think you need to be patient in holding bitcoin. it's just that you need to know that this is a risky thing. we don't know what will happen in the future, but the potential price of bitcoin is huge to go up
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