BTC price is 47k$, is good time to invest ? - page 4.

Hamphser

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Quote from: Ibraoss on February 27, 2021, 10:08:29 AM

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.

Oceat

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Quote from: goaldigger on February 27, 2021, 06:21:44 PM

Quote from: Ibraoss on February 27, 2021, 10:08:29 AM

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.

lalabotax

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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.

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Quote from: goaldigger on February 27, 2021, 06:21:44 PM

Quote from: Ibraoss on February 27, 2021, 10:08:29 AM

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.

It is really up to the OP if he will risk his money today or tomorrow for bitcoin. There is no right or wrong time to invest in bitcoin. Though it is hard to decide whether to go into this kind of investment, especially if that money is your savings, or just let the opportunity passes. Ask also yourself, is this for long term or short term? You can decide whether you will buy now or not, if you can answer first this question. Because with long term goals, I believe, it is ok to buy btc now while it is still in the 40+ level.

boyptc

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Quote from: Ibraoss on February 27, 2021, 10:08:29 AM

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's dropping more and by the time I've posted, price: $45,656.

Good time to buy? yes, if you look forward for $50k+ price. But if you're too concerned if it's time to buy, wait a little bit longer and while waiting, DYOR.

Johnyz

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Quote from: Ibraoss on February 27, 2021, 10:08:29 AM

hi guys i want to invest in BTC , the BTC price now is 47k$ do you think the price can drop more than that ?

Newbie always ask questions like this, or should I say those who are not confident enough in this market.
Its hard to yes or no, if you do buy right now you have to be ready for whatever outcomes. I do buy some when it hit that price, and since I always play long I'm confident enough that bitcoin will continue to rise in the next 5 years. If you're a short term player, then improve yourself to analyze on your own and always set your buy and sell price.

Issa56

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From the little experience am having I believe bitcoin might still dump more but nobody know the next step bitcoin will take but I believe the dump might just be correction which the next bull run will be very massive. You can still wait for correction which you can buy your coins in percentage don't just buy at once and but I believe bitcoin will pump more and as a trader with the current situation of bitcoin I believe whenever you are trading always try to use stop lose don't try to trade without stop lose currently to avoid lose of fund is better to lose 10% of your fund than to lose 50% of your fund so whenever you are trading don't forget to use stop lose. So I think this is the right time to Buy bitcoin but don't just buy at onec incase if it dump more you can still buy more and if it pump you will be having little to sell In the future.

goaldigger

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Quote from: Ibraoss on February 27, 2021, 10:08:29 AM

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.

Dave1

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Quote from: Ibraoss on February 27, 2021, 10:08:29 AM

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 did drop a bit, did you buy?

I think the better question is, will it continue to rise in the future that buying around $47k is worth? Well, if you are looking for long term, I think it is still a good buy in this price. Remember that we are still very bullish on bitcoin, and majority of us thinks that it can break the 6 digit at the end of the year or early 2022.

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Quote from: Ibraoss on February 27, 2021, 10:08:29 AM

hi guys i want to invest in BTC , the BTC price now is 47k$ do you think the price can drop more than that ?

Though the crypto market is unpredictable, that means we can not know exactly what is waiting for us. But according to bitcoin nature we can guess something around. But not exactly. In my personal opinion it can go more lower. But that not means it will not cross again the ATH. we just need little patience.

So my suggestions is you can invest right now but the chance of waiting to get profit could be increase. If you wait for another crash you may get a quick profit imo.

ice098

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Since it is Sunday (here in my country) I think you can still buy bitcoin , with my RSI it is still on it's downward position for the next 4hrs so yes it is good to buy since the stock market is close as well, there is a saying I am not sure if it is true but when the American Stock market is close the price of crypto is dumping as well or it is stable and no big movement, study the market carefully and you will see if it is good to buy now or there will be more lower value after 4hrs.

abel1337

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I agree with the crwth, It can go lower in the next few days I guess. Try catching the dip at the biggest support lines so that if ever the support were broke you can stop loss under the support line and will cost less loss if the plan failed. If ever my speculation goes wrong, You can try to find a good entry.

JooBra

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Of course it good time to invest. Even if BTC goes more down it wont go too much if nothing big happens. Now it's possible we see a good run from BTC when it breaks the barriers around 50k.

Review Master

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It's never late to invest into bitcoin , but bitcoin might have downtrend if new monthly candle can't open above $48k price level and we might get a short correction if bitcoin can't able to stay above $45k support zone. So, it's better to invest part by part as market might have a short correction in the upcoming days. But bitcoin will be rebound soon as a bullish divergence is created and it just needs some time to be done. After that, bitcoin might get a bullish rally to aim for next ATH or back to previous positon, IMO.

Distinctin

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Quote from: Ibraoss on February 27, 2021, 10:08:29 AM

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 have trust in Bitcoin, then don't hesitate to invest it. $47k is quite low, honestly. I know many people are waiting for a crash and we are now( this is just a short crash as it goes back high again).

But I don't want to have blame if I'm wrong. It was you who could decide, holders will suggest "buying" but weak hands will say "don't buy, dump to follow". But much better to observe first the market behavior, it does not need to rush because it sometimes becomes a trap.

crwth

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It can go around lower than $47K. The range I'm seeing is that it's going to be $51k to $43k

With the recent Resistance at $51378 being hit and not reaching into the higher resistance, it's most likely to go even deeper, and it could go to the support line at $43443. As long as the trend is still going down at this timeframe (1H), it could go even further. But in the larger time frame, it's still in the uptrend. So there's still no definite direction right now.

You can DCA your entry points with BTC and just accumulate more and more. Make sure you can afford what you invest in.

carelessboy

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now it,s very difficult time for bitcoin .in this year bitcoin up very high.many company and richest person invest in bitcoin.for me now some risk into invest in bitcoin . i talk to you wait some day,s if bitcoin price down more then you can invest and hopefully you never lose .just buy and hold for your expectation price.

Ibraoss

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hi guys i want to invest in BTC , the BTC price now is 47k$ do you think the price can drop more than that ?

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