Buy now or wait for Bitcoin? - page 15.

Colt81

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Quote from: hyper7 on September 04, 2019, 06:41:10 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

I think it would be better if you will start to buy bitcoin today until it doesn't increase it's price too much because you will have a better chance to increase your bitcoin if you buy bitcoin in a cheap price. But i think even you buy bitcoin in a high price there are still chances to increase your profit because bitcoin is still increasing its price that a lot of people still believes that bitcoin will increase it's price again up to $20k just like in the year of 2017.

Freddy11

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In my view, in life opportunities are countless, so we should never think about next, if you can do it now do it. If you were unable to do that then too it shouldn’t be major concern. I would personally think that investment right now in Cryptos is not bad but just requires to be done carefully. I personally prefer to track Top Cryptos, as that’s how you can divide out our investment in order to be able to gain and that rather consistently.

TinaK

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Quote from: Sithara007 on October 02, 2019, 11:42:35 AM

Quote from: hyper7 on September 04, 2019, 06:41:10 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

Wow.. when you made this post, the exchange rate was around $10,500 per coin. And within two weeks, the prices dipped below $8,000 level. If you had kept a target of $8K, then you would have purchased BTC by now. It was a very good strategy. No one really expected the prices to dip so much, especially when the next block reward halving less than a year away. Anyway, if you didn't used that opportunity to procure coins, then do that right now. The prices are still hovering at $8,000-8,500 and this might be the last opportunity to get some coins at four digit prices.

Yes obviously it is a great deal and if we invested the fund around 10k and if that lost $10 also it will be very hard for the investors.
I am not sure whether you are speaking positive or negative here because you mentioned 4 digit prices, I hope you are talking about 10k Plus value in some months.

redsun114

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Quote from: Wa Da Fak on October 01, 2019, 09:30:46 AM

Well I rather wait than to buy now wait for at least like make the bitcoin low as much as possible maybe next next month which is December probably youll have a great view or price range low price indeed. So probably wait and monitor it, I somehow buy the first fall down of bitcoin now im waiting on its rising up.

What fact do you have to support your claim that bitcoin will still drop in price again as I can see that the value is already increasing once more, it would be a mistake for anyone who did not invest when it dropped to about exactly $8k and now that it is recovering, it will still be a very big mistake for anyone still interested in accumulating not to buy now.

We are already moving toward a full recovery and I know for sure that this recovery will take us back to $10k where we dropped from, and then further break more barriers, the next pick that I see for the value of bitcoin now should be like $15k, if we pick $15k, then the Bull run have started, and usually during bull run is not a good time to purchase as many people will eventually end up falling for FOMO price.

Sithara007

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Quote from: hyper7 on September 04, 2019, 06:41:10 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

Wow.. when you made this post, the exchange rate was around $10,500 per coin. And within two weeks, the prices dipped below $8,000 level. If you had kept a target of $8K, then you would have purchased BTC by now. It was a very good strategy. No one really expected the prices to dip so much, especially when the next block reward halving less than a year away. Anyway, if you didn't used that opportunity to procure coins, then do that right now. The prices are still hovering at $8,000-8,500 and this might be the last opportunity to get some coins at four digit prices.

StayFly

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Quote from: hyper7 on September 04, 2019, 06:41:10 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

Better do some digging on your own because the market appears to be unhealthy. I'm afraid the market is under correction thus it's not a good time for marking investment unless for long term for about 5-6 years.

Taskford

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Quote from: NutMasterTardd on October 01, 2019, 02:36:07 PM

It's better to buy this year than in 2020 or 2021 in my opinion. Many believe Bitcoin will see a new ATH towards the halving or after, and I do as well.

I know past performance do not ensure future results but I don't think Bitcoin is done yet. Bitcoin is still very young and can still gain millions of more users in the coming years and that goes for alts as well.

Maybe I will wait a little more months to define if it's worthy to buy bitcoins these year since it's really hard to find a good entry right now and market condition is super unpredictable.

Quote from: bysmf2000 on October 02, 2019, 08:55:21 AM

Quote from: moneyball on September 26, 2019, 01:25:32 PM

I think you should wait , we don't know how low this could go, maybe bitcoin will retun to 3k or to 1k nowone knows!

bitcoin will return at the price of $ 3000 will be very difficult and if it really does happen surely people do not need bitcoin anymore.

We don't know the future and bitcoins already drop for that range and nobody expect that to go that far so most provably it will happen again in future if there are huge fud will hit in the market but I assume it will not happen since adoption will surely became huge in next following years.

bysmf2000

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Quote from: moneyball on September 26, 2019, 01:25:32 PM

I think you should wait , we don't know how low this could go, maybe bitcoin will retun to 3k or to 1k nowone knows!

bitcoin will return at the price of $ 3000 will be very difficult and if it really does happen surely people do not need bitcoin anymore.

NutMasterTardd

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It's better to buy this year than in 2020 or 2021 in my opinion. Many believe Bitcoin will see a new ATH towards the halving or after, and I do as well.

I know past performance do not ensure future results but I don't think Bitcoin is done yet. Bitcoin is still very young and can still gain millions of more users in the coming years and that goes for alts as well.

Bitcoin is doing well, shitcoins are dying out. That's the way it should be, 90% of alts have no purpose and are used to raise funds from ICO with nothing but a whitepaper. It is ridiculous. Good alts that will actually have a use will recover and go onto reach new ATHs (BAT, RLC, GEO, QRL, WAVES) IMO anyway.

We could see a bull run like 2017 but alts were massively exaggerated, in 2020 I think people will be after Bitcoin.

Wa Da Fak

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Quote from: hyper7 on September 04, 2019, 06:41:10 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

Well I rather wait than to buy now wait for at least like make the bitcoin low as much as possible maybe next next month which is December probably youll have a great view or price range low price indeed. So probably wait and monitor it, I somehow buy the first fall down of bitcoin now im waiting on its rising up.

ecnalubma

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Yes your right setting a target on when to buy. But in crypto space its hard to tell when to buy and when to sell always do your own research and negligence don’t believe in experts and trust only your analysis and understanding.

bitzizzix

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If you do the long-term investment method at any time you can do it without looking at the price of bitcoin, because an increase in bitcoin will definitely occur without having to think about the time you specify because you make a long-term investment.
and in my opinion right now it's still in a very good situation for you to buy it and hold it in the next few months, and I'm sure there is still a bright spot for bitcoin to go up in the next few months.

BlackFor3st

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That fall down is the lowest and it will take time before it will happen again as the market is like up and down, right now we are still in the middle of up. So it's better to buy now and wait for the market to recover as you are also investing for a long term one and waiting for the price to goes up is not a problem with you.

As the current price of 8.2k$ is still a good price to buy as the price is starting to climb up again.

NutMasterTardd

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As much as I agree with the general consensus of not asking people online for trading advice, IMO Bitcoin isn't done yet, I think we will see a jump past $100k within the next few years then see it fall back to around $20k after. I also think many alts are going to jump up to 100x within a similar time frame when the next bull run happens. Once Bitcoin is higher then I would expect it to be stable and maybe in a decade the markets will be a lot less volatile and maybe Bitcoin will stay above $100,000 for a long time.

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I think when the price of bitcoin has gone down a lot like the current condition of the price of bitcoin then this should be the right time to buy as much bitcoin as you can because you should be able to take advantage of the moment when coin prices are cheap.

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Quote from: hyper7 on September 04, 2019, 06:41:10 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

The price already fell on the level that you've mentioned earlier and somehow goes under $8000, we're not even sure if this will be the lower price within the month. But you're planning to invest for a long term and in that case, the current price could be a good level to accumulate with just a portion of your capital so that if ever it goes even lower you still have a chance to buy much higher amount of it.

$Andreyka$

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Quote from: hyper7 on September 04, 2019, 06:41:10 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

Distributing the budget will be much more efficient. For example, now, you can buy 20% Bitcoin, then wait until the price drops to $ 6,000 - 7,000 and place a buy order at 50% of the deposit, and leave 30% to add a position.

conected

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Quote from: Thirdspace on September 30, 2019, 07:13:02 AM

Quote from: hyper7 on September 04, 2019, 06:41:10 AM

I want to invest some money in Bitcoin (long term investment)
~
Otherwise fixing a target for example 7000 or 8000 $ and buy in that moment?

it's ~$8,000 now, have you bought some yet?
if I were you and have spare cash now then I would buy some without hesitation
since you are going for long term investment, you should just buy now
this is about the same price back in 2017 before rising to $20k Wink

- On the contrary, I am sure that I will have a lot of doubts and hesitation in this situation because you do not imagine yourself in his position, you are too relieved to make decisions when the risk in this investment is not for you. If you imagine this is your money and your investment, you don't make such an easy decision when the value of bitcoin is hovering, demand and market are in a process of determining direction, buying now is the same as we would bet between winning and losing, the ratio is relatively the same, and this ratio is not worth investing

gaston castano

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maybe you can ask to other, but they will give their suggest, finally you must make your own choice because its your money.
and some prediction maybe wont accurate and might you lose your fund.
investment always have risk,be wish to choosen.

Thirdspace

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Quote from: hyper7 on September 04, 2019, 06:41:10 AM

I want to invest some money in Bitcoin (long term investment)
~
Otherwise fixing a target for example 7000 or 8000 $ and buy in that moment?

it's ~$8,000 now, have you bought some yet?
if I were you and have spare cash now then I would buy some without hesitation
since you are going for long term investment, you should just buy now
this is about the same price back in 2017 before rising to $20k Wink

Topic: Buy now or wait for Bitcoin? - page 15. (Read 2600 times)