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Topic: Buy now or wait for Bitcoin? - page 11. (Read 2627 times)

sr. member
Activity: 2366
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October 17, 2019, 06:24:06 PM
The price of bitcoin lately only touches the lowest price of around $ 8,000 then goes up again, and maybe it's the best price to buy it and buy it according to your ability and then hold it.
and I am sure that in the coming months bitcoin will increase gradually to reach the highest price.
sr. member
Activity: 2366
Merit: 305
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October 17, 2019, 02:26:44 PM
I think we need to wait for Bitcoin to go below $7,500 mark and then buy.
How did you know when Bitcoin will drop at that price? I think this is a perfect time to buy bitcoin that you can afford. Yes, that you can afford not just your budget in daily expenses. The best thing to do is to buy bitcoin now since the price of it drops down so you'll be able to buy it at a lower price.

You don't need to wait for bitcoin to increase because if that happen you might only earn a small profit from it so much better to invest now in order for you to be able to earn some profit in a long run.
full member
Activity: 236
Merit: 117
October 17, 2019, 05:24:58 AM
Bitcoin fell below $8000 recently to $7,930. According to few predictors, the price of Bitcoin may touch lower boundries of $7400. Also, a popular Crypto trader Crypto Rand twitted that “Bitcoin looking pretty ugly" and stated that -

Not taking positions for now. But I would be looking to add shorts on the flag retest after the potential breakdown.
Always plan in advance to avoid emotional decisions.

I think we need to wait for Bitcoin to go below $7,500 mark and then buy.
sr. member
Activity: 1876
Merit: 318
October 17, 2019, 03:51:50 AM
Now this is a crucial time for all cryptocurrency, especially bitcoin. My advice while this is just wait, first look which direction
movement from bitcoin. But if you intend to invest long-term, please buy at current prices. Because for long-term prices
now include cheap. Which must carefully determine the purchase price for the short-term, my suggestion is that if the price
touches $ 7700, you can immediately buy it. But because the price of bitcoin is volatility which means it can change very fast,
safer if you want to buy, use half of the capital you have. If the price goes back down, you can buy again.
hero member
Activity: 2856
Merit: 667
October 17, 2019, 03:22:34 AM
Bitcoin is at a crucial stage right now. Market is moving sideways and any movement from here will define the trend. Important points to pay attention to are $8800 which is a resistance and $7700 which is the next support. So far, it has got rejected from the resistance and bounced back from the support. Here, I wont suggest anyone to jump on any trade and just wait for the market to take a direction.
If Bitcoin will drop further this could again gave us a great opportunity to buy.

Playing with the price volatility this year will surely make us profitable if we know how to play our cards well, bitcoin is not in a down trend, at sub $3K at the start of the year, we are happy already even if the price will end at $8k.. but like what it has been moving in the past months, its very unpredictable, pump and dump is happening so this high volatility really gives us a chance to position ourselves to profit in just a short term.
sr. member
Activity: 686
Merit: 262
October 17, 2019, 01:55:44 AM
Bitcoin is at a crucial stage right now. Market is moving sideways and any movement from here will define the trend. Important points to pay attention to are $8800 which is a resistance and $7700 which is the next support. So far, it has got rejected from the resistance and bounced back from the support. Here, I wont suggest anyone to jump on any trade and just wait for the market to take a direction.
full member
Activity: 560
Merit: 107
October 17, 2019, 12:25:54 AM
Hi all,

I want to invest some money in Bitcoin (long term investment)
It's better wait the next fall down (like the situation on December/January), or buy now?
Otherwise fixing a target for example 7000 or 8000 $ and buy in that moment?

Thank you in advance for your suggestion

For me, it depends on the long term investment that you are saying if that long term will last up to a year. It's a considerable risk and calculation. My long term investment is almost 6 -8 months only because it's tough to predict if the price will increase in my favor/prediction. Also, I follow my calculation, If you are planning to buy at 7k - 8k rate, set a range when will you sell your crypto, because if you hold it in a very long time, you are making a huge risk, but still its depends on you and your calculations. Smiley
sr. member
Activity: 658
Merit: 251
October 16, 2019, 09:54:58 AM
if you wanna do long term investment, then it's good time to buy. bitcoin is on reacumulation phase right now. maybe 0n 6-8k $ before it goes up drastically
you can sell after halving in 2020-2021, the history tells that bitcoin price goes up after halving happens
hero member
Activity: 1274
Merit: 500
October 16, 2019, 08:43:49 AM
I think this is the right time to buy Bitcoin if you want to make money by holding Bitcoin, When you get a chance to buy Bitcoin at a low price then you must take this opportunity, otherwise, you may not get this chance anymore. within the Blockchain system, I think Bitcoin is the best option to bring to you a good margin of profit. Day by day Bitcoin is getting more acceptable and credible and people are getting closer to this system for making the profit by investing or holding Bitcoin. not only that but also I believe that Bitcoin is passing the 10th-year anniversary so there will be a massive change in the coming days, so buy now Bitcoin and wait for the future.
I really enjoyed your opinion. This market may have a lot of volatility but Bitcoin is still a good coin to hold during this time because the future of Bitcoin will certainly be very promising and you can absolutely earn high profits. At present, the bear market has maintained a downtrend in the past 2 years and in 2020 another trend may appear.

I am waiting for Bitcoin to return to $20,000 again because if this can happen then the uptrend can start and this market will be very bustling.
hero member
Activity: 1442
Merit: 510
October 16, 2019, 07:31:55 AM

People are expecting the price of Bitcoin will drop to 7500$ but from yesterday onwards the price of Bitcoin is kept fluctuating, and it is impossible to guess how far the price of Bitcoin will fluctuate. Yes, it is a very good sign to grab the Bitcoin when the price of Bitcoin has fallen below 7000$. Let's wait and see how far the prices will react to market situations.
Waiting for the moment the price of Bitcoin to fall below $7,000 is the best moment, but will it happen? Whereas many people say that now the Bearish market will end, If that really happens it will be difficult for us to wait for Bitcoin price to fall below $7000.
sr. member
Activity: 318
Merit: 326
October 16, 2019, 06:49:55 AM
First: if you have to ask about investing, maybe it would be wise to not invest; maybe you should read/learn more about it. However, make sure it's money you afford to lose (if things go wrong).
Now, one strategy for buying/holding is to buy smaller quantities on a regular manner. This has a chance to make the fluctuations not matter that much. Of course, if you do this and "tomorrow" an exponential bubble starts, you won't be happy you didn't buy more. So it's your decision to be made.
That's right you shouldn't ask other people if you invest or not, because other people you ask can be fool you. So you better answer your question or read it here on the forum on how to properly invest and learn what you can learn.
member
Activity: 416
Merit: 21
October 16, 2019, 06:40:42 AM
Of course, it is better to wait for the next major fall. Market look at the dynamics, once a year the market stably sags at prices, and then grows strongly.
The lower you buy, the more likely you are to make good money on your next growth. Do not rush into the crypto market, rush leads only to losses.
Are you sure there will be a major fall later? I see no sign yet that the price of Bitcoin will fall to $ 7,000, but if that happens then buy as many BTC as you want. Investing with Bitcoin will always be the best long-term investment, because we are believe that the price of Bitcoin will increase dramatically in the future.

People are expecting the price of Bitcoin will drop to 7500$ but from yesterday onwards the price of Bitcoin is kept fluctuating, and it is impossible to guess how far the price of Bitcoin will fluctuate. Yes, it is a very good sign to grab the Bitcoin when the price of Bitcoin has fallen below 7000$. Let's wait and see how far the prices will react to market situations.
hero member
Activity: 2156
Merit: 711
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October 16, 2019, 03:27:40 AM
I think this is the right time to buy Bitcoin if you want to make money by holding Bitcoin, When you get a chance to buy Bitcoin at a low price then you must take this opportunity, otherwise, you may not get this chance anymore. within the Blockchain system, I think Bitcoin is the best option to bring to you a good margin of profit. Day by day Bitcoin is getting more acceptable and credible and people are getting closer to this system for making the profit by investing or holding Bitcoin. not only that but also I believe that Bitcoin is passing the 10th-year anniversary so there will be a massive change in the coming days, so buy now Bitcoin and wait for the future.
sr. member
Activity: 1190
Merit: 306
October 15, 2019, 11:12:28 AM
maybe bitcoin will retun to 3k or to 1k nowone knows!
Maybe, but I highly doubt bitcoin is going to drop that low unless some seriously bad news or rumor comes out, and bitcoin's value has survived both of those things before.  And hell, if bitcoin did slide to $3000 or lower, wouldn't that be a great time to buy?

I know Op wrote his post a while ago, but I had been thinking that buying bitcoin at any price under $10,000 was a good idea and I have been putting my money where my mouth is in the past few months.  That's because in my heart I firmly believe that bitcoin is going to get back above that price and will eventually start to move toward its all time high.  That could be next year or in 2021, but it's going to happen.  I'm a long term hodler, so short term movements don't bother me all that much.
sr. member
Activity: 700
Merit: 250
October 15, 2019, 10:43:50 AM
I'm afraid both answers are yes since you are buying bitcoin for the long-term. it is you who gets to decide whether to buy bitcoin now or later. if you are buying bitcoin for the long-term you can buy bitcoin anytime because your goal is for years to come not weeks or months ahead.   
why you think afraid and said Yes, because Bitcoin is always trustable on long term so your suggestion is good and recent market is volatile so we can carefully invest our money. Those are active in all the time they never worried about volatile so we can buy at anytime on Bitcoin.
sr. member
Activity: 1092
Merit: 256
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October 15, 2019, 10:33:14 AM
The next move of the market is not assured for a bull trend or fall in the price. There were more predictions that there will be fall in price before hitting a bigger value. This is being attributed with the ongoing market and users wait for a lower price than the present value to buy and profit out of holding. This year the lowest value with which we buy gets us the maximum profit in the next year.
full member
Activity: 518
Merit: 104
PUFFY FINANCE
October 15, 2019, 10:26:13 AM
I'm afraid both answers are yes since you are buying bitcoin for the long-term. it is you who gets to decide whether to buy bitcoin now or later. if you are buying bitcoin for the long-term you can buy bitcoin anytime because your goal is for years to come not weeks or months ahead.   
hero member
Activity: 2814
Merit: 526
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October 15, 2019, 09:36:50 AM
It's better wait the next fall down (like the situation on December/January), or buy now?
I'm pretty sure it would be the opposite.In December/January, we would actually see huge pump since that will be holiday and either investors would sell or buy Bitcoin it will determine the price for sure.

Otherwise fixing a target for example 7000 or 8000 $ and buy in that moment?
I mean, we have literally been in $8300 range for like 2 weeks now and this would be a good spot to buy and you could hold it till late December.
sr. member
Activity: 1050
Merit: 377
October 15, 2019, 07:51:49 AM
Of course, it is better to wait for the next major fall. Market look at the dynamics, once a year the market stably sags at prices, and then grows strongly.
The lower you buy, the more likely you are to make good money on your next growth. Do not rush into the crypto market, rush leads only to losses.
sr. member
Activity: 493
Merit: 250
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October 15, 2019, 06:05:04 AM
What I see now in the bitcoin market has started to move up, and in my opinion now is the right time to buy bitcoin and then hold it back.
actually anytime to buy bitcoin is good and most importantly you buy it when the price of bitcoin is low without judging that bitcoin will rise quickly or not, because the increase will definitely occur and you just need to hold it and wait patiently.
Everyone talks like you but the reality is very different. I think this market needs to choose the right time to invest in order to make a good profit because Bitcoin has recently had a lot of volatility and often dropped suddenly. Instead of investing in this time, you should research new projects that are available in this market or add your knowledge of trading at the big websites.
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