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Topic: BTC price is 47k$, is good time to invest ? - page 3. (Read 436 times)

hero member
Activity: 3024
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Soon hitting mark around 40k-42k if we see green dot at 4h mark it's a big buy. Best chance to buy it in some time. I think we will see a lot of green next week.
It has dropped to $44k and that was a good time to buy.

The weekend's done and we're on another long day for the weekdays which shall trade and pumps might occur. Just as usual, after drops, you see recovery.

Nothing new.
legendary
Activity: 3346
Merit: 1134
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It's your decision bro.
IMO, there is never a good time or a bad time.
We will never know what could happen next.
What if suddenly it pumps again to 50k+? Will you tell yourself you made a bad decision for not buying it now?
The same goes when the price is dump.

All I could say is the bitcoin price always goes up. It had been proved until now. But time will tell.
full member
Activity: 1708
Merit: 105
Of course, this is a good time to buy, but I advise you not to rush, instead of buying at the current price, you can buy at multiple levels, meaning you can divide the capital that you want to buy with into several parts and buy from several regions, you can buy in the first part at the level of 47K$ And if Bitcoin comes back down, you can buy the second part, and so on.
Very precise advice that you give, of course with a situation where bitcoin is not doing excessive short term is the right time to buy, it doesn't hurt to also be divided into several phases where bitcoin might go down again and buy it,  and do nothing when the price has risen again. clever way that could be done for something like that.

what is important is that bitcoin will continue to increase and now it looks like bitcoin is getting tired and feels suitable to be priced around at this time. This will also make it easier for altcoins that we shouldn't forget to be able to move up again and form renewable ATH before bitcoin starts moving again sharply.
hero member
Activity: 1540
Merit: 507
Considering how high the rally was, it could definitely goes lower than that, maybe it can go down further to $40K but this time around the condition of cryptocurrency really different than in the past, IMO bitcoin better get stagnant in around $45K price mark before going through bullrun again. However, after any correction is the right time to buy if you can afford to hold for a long time.
legendary
Activity: 1848
Merit: 1982
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Of course, this is a good time to buy, but I advise you not to rush, instead of buying at the current price, you can buy at multiple levels, meaning you can divide the capital that you want to buy with into several parts and buy from several regions, you can buy in the first part at the level of 47K$ And if Bitcoin comes back down, you can buy the second part, and so on.
hero member
Activity: 2912
Merit: 556
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February 28, 2021, 11:39:50 PM
#31
hi guys i want to invest in BTC , the BTC price now is 47k$ do you think the price can drop more than that ?

With what happens to bitcoin a few days ago, I think $47k is not a good time to invest because the price can go down to $44k-$45k, so what you need to do is trying to buy bitcoin at those prices. If you can buy at that range price, I think you can sell it back at $46k-$47k and take profit from bitcoin. That moment will happen many times, so you don't have just to buy and hold, but you have the opportunity to buy and sell and hold for some amount and make a profit. But the price can drop below $44k as no one will know for sure about that.
hero member
Activity: 2492
Merit: 542
February 28, 2021, 11:02:49 PM
#30
hi guys i want to invest in BTC , the BTC price now is 47k$ do you think the price can drop more than that ?
No one can tell you if the price will still go down or possible retest at $50k level again bitcoin is highly manipulated crypto even TA experts failed many times predicting the movement of btc in a short term but in a long term Im still bullish and may continue upward in a few months we are all waiting for a good entry at dip but no one knows what will be the bottom. 
sr. member
Activity: 1456
Merit: 267
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February 28, 2021, 12:25:12 PM
#29
Maybe,
Now price is around $43.5. Price of btc is still dumping. Don't know when will pump. I think btc will pump again. Because, some big company starting invest on btc. It help btc to pump i think.
When the good news is out there's a pump price on bitcoin. Currently the price is above $40k so to invest in bitcoin   it is best to observed the movement of price first. It may go lower to the current price or it may bounce so set a target price to buy. It is also depends on your target price to buy as long you know the risks in crypto.

Knowing the risk behind any investment that you are taking is the best tool to have, proper understanding leads
you to the right direction.

It's tough but you need to analyze and not to rush thing out, deciding when to invest only comes up when you already
done working with your knowledge to the business that you are going to take.
legendary
Activity: 2660
Merit: 3710
February 28, 2021, 12:13:39 PM
#28
Many institutional investors entered bitcoin this year at a similar price. Although the price of bitcoin is now down to 43,000, they don't panic about it. These are just whale games. They will end sooner or later. There are many potential reasons for Bitcoin's growth. The most important reason is the large monetary inflation generated by QE. Therefore, I still believe that Bitcoin will emerge from this temporary drawdown and rise above $ 50,000.
legendary
Activity: 2268
Merit: 1655
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February 28, 2021, 11:57:09 AM
#27
hi guys i want to invest in BTC , the BTC price now is 47k$ do you think the price can drop more than that ?

It seems that the correction of bitcoin has not yet come to an end and every day the price of BTC falls even lower. I think that those who want to invest in bitcoin will still have the opportunity to buy it at a lower price, in the region of 38-41 thousand dollars. But even in this case, I would keep some of my money free so that I can buy BTC if the price drops even further.
full member
Activity: 1204
Merit: 162
February 28, 2021, 11:48:14 AM
#26
Maybe,
Now price is around $43.5. Price of btc is still dumping. Don't know when will pump. I think btc will pump again. Because, some big company starting invest on btc. It help btc to pump i think.
When the good news is out there's a pump price on bitcoin. Currently the price is above $40k so to invest in bitcoin   it is best to observed the movement of price first. It may go lower to the current price or it may bounce so set a target price to buy. It is also depends on your target price to buy as long you know the risks in crypto.
Soon hitting mark around 40k-42k if we see green dot at 4h mark it's a big buy. Best chance to buy it in some time. I think we will see a lot of green next week.
hero member
Activity: 1582
Merit: 523
February 28, 2021, 11:26:15 AM
#25
Maybe,
Now price is around $43.5. Price of btc is still dumping. Don't know when will pump. I think btc will pump again. Because, some big company starting invest on btc. It help btc to pump i think.
When the good news is out there's a pump price on bitcoin. Currently the price is above $40k so to invest in bitcoin   it is best to observed the movement of price first. It may go lower to the current price or it may bounce so set a target price to buy. It is also depends on your target price to buy as long you know the risks in crypto.
full member
Activity: 1026
Merit: 110
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February 28, 2021, 11:19:01 AM
#24
Maybe,
Now price is around $43.5. Price of btc is still dumping. Don't know when will pump. I think btc will pump again. Because, some big company starting invest on btc. It help btc to pump i think.
full member
Activity: 1330
Merit: 147
February 28, 2021, 09:32:23 AM
#23
hi guys i want to invest in BTC , the BTC price now is 47k$ do you think the price can drop more than that ?
Technically yes and it is just for a while not for long term pariode. I mean, the movement still in the bullish market, take a look to the monthly candle, seem like the candle that will be formed is green candle which still indicated a bullish market.

But yeah, in the low time frame (start from weekly time frame) will give a sign to bearish market. The weekly candle will be formed as a red candle and closed the previous green candle. It means, the situation will be indicated a bearish market will comes.

So, if I were you I'll wait for a while and see what will happen in the next week. If there is a sign the bullish market will overcome the market then I'll start to buy again because I bet the bitcoin price movement will up higher then its all time high i.e $58.000.
hero member
Activity: 2254
Merit: 680
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February 28, 2021, 08:53:16 AM
#22
It is not wrong to invest now but, think first about the risks as much as you can afford to lose.
It could be that Bitcoin dumps even deeper. Let's just say you enter today, you'll definitely get a certain percentage risk. In case the price reverses, then your profit is a bonus.
legendary
Activity: 2394
Merit: 1131
February 27, 2021, 09:12:07 PM
#21
hi guys i want to invest in BTC , the BTC price now is 47k$ do you think the price can drop more than that ?
Now it's even lower than $47k, we are stable around 45-46k. If you gonna buy some, just buy a bit to prevent btc price fall more.
Don't listen to anyone advice (all kind of analysis are useless), because they are only speculating without know exactly what will happen in the future. If they can predict what will happen, they will become richest person.
legendary
Activity: 1862
Merit: 1209
February 27, 2021, 08:40:42 PM
#20
No, don't be hurry to buy Bitcoin now. You must hear and read the price prediction of Bitcoin in March from various experts first. I hear that the price of Bitcoin will drop even to $30,000 because next month seems the time for a big dump. If you want to buy the Bitcoin, just buy in the next month, but don't be hurry because you need to wait for the right time.
Show me those you called experts person with his speculation here, you can gave the link on your post.

Do you have analysis yourself or only relying on those experts? You're very confidence with his statement that Bitcoin will drop to $30,000 it's possible but unlikely due to market still on correction.

When then the right time to buy then? You have a crystal ball to know the bottom of Bitcoin price in the next month, it will be interesting to know it.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
February 27, 2021, 08:22:24 PM
#19
hi guys i want to invest in BTC , the BTC price now is 47k$ do you think the price can drop more than that ?
If you had waited for a bit more where the price had decreased wayback to 45k and now the price is climbing to 47k (46.4 atm) then thats already an easy profit or money for you.

Not all are doing scalpings or short trades but with these movements you can actually benefit out of it.Dont know whats the reason behind that few percentage drop but this are typical or

ordinary days in Bitcoin market.So if you do like to utilize the volatility then you should play smart and have that good decision making skills.Investing will rather be focusing neither for short terms
or long term.Depending on you.

I think the time is now if you want to take a risk, there are two options, if you buy now the bitcoin can go up in price and you win, or otherwise the market comes against you and you go into a loss, although if I buy and the price goes down, I would wait as long as it takes until profit is made. It's your decision. If you have an Investor vision, then you could wait, but if you are a market speculator you must be clear that you must go in the direction of the line of least resistance in the market for win.
sr. member
Activity: 2604
Merit: 338
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February 27, 2021, 06:54:52 PM
#18
hi guys i want to invest in BTC , the BTC price now is 47k$ do you think the price can drop more than that ?
If you had waited for a bit more where the price had decreased wayback to 45k and now the price is climbing to 47k (46.4 atm) then thats already an easy profit or money for you.

Not all are doing scalpings or short trades but with these movements you can actually benefit out of it.Dont know whats the reason behind that few percentage drop but this are typical or

ordinary days in Bitcoin market.So if you do like to utilize the volatility then you should play smart and have that good decision making skills.Investing will rather be focusing neither for short terms
or long term.Depending on you.
sr. member
Activity: 2506
Merit: 368
February 27, 2021, 06:51:42 PM
#17
hi guys i want to invest in BTC , the BTC price now is 47k$ do you think the price can drop more than that ?
There's no assurance that Bitcoin can still go beyond $50k, so its hard to tell if its the right time to buy or now.
You have to understand the risk that you can take, and know what to do. You really have to make a good decision now, analyze the market and start buying even at a small amount of Bitcoin. The market is too volatile, I can't say that it wont go down anymore but since we have reached its all time high early this year, I think its time for some corrections now and this is just my own analysis based on the price history of Bitcoin.
Yeah, there's no assurance yet that Bitcoin will be able to get back to $50k+ right now but I'm very bullish you know, so there's a high chance it will get back to $50k+ or even more by breaking a new ATH price. What we are today is just part of the price correction and it's time to accumulate as much as we want during the trade-off or panic selling.

It is expected to happen because Bitcoin is rising too much without having a correction the price won't move any further. So it basically needs this dip in order for a new investors to buy-in during the dip and expect it already that there's a fomo will follow after.
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