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Topic: Buy now or wait for Bitcoin? - page 18. (Read 2627 times)

hero member
Activity: 1666
Merit: 701
September 27, 2019, 08:53:38 AM
#33
maybe you should wait a little longer to buy on dips
and keep it for the long term at least until 2021
because bitcoin always go to the moon every 4 years due to block halving, 2013, 2017 then 2021
this is just my prediction
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
September 27, 2019, 08:21:03 AM
#32
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


Buy now because you don’t know if the price will still go down or not. If you have extra money if bitcoin hits the lower price then you can wait for that, but in order for you to have security better to buy now. Bitcoin is so good and it can start the pump again at any moment, so think twice now.
full member
Activity: 798
Merit: 104
September 27, 2019, 08:16:13 AM
#31
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



Buy in this current situation is a good decision however if bitcoin going down to $7500 level you need to buy again and hold for a long term because bitcoin will recover and will be back to its alltimehigh this is not a financial advice just always manage your fund and trade responsibly.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
September 27, 2019, 07:59:12 AM
#30
You dont need to doubt it if you are looking for a long term investment.
It will sure skyrocket at some time in the future. Just not now.
People are still intact in traditional fiat and that is the reason why the bitcoin value is slowly moving.
Invest now or regret later.
hero member
Activity: 2366
Merit: 594
September 27, 2019, 07:37:19 AM
#29
At this current price I can say it is a good time to buy. But I won't be deciding that myself. If you're still looking for a cheaper price to buy then wait for that moment. But don't regret if you'll miss this chance then you blame someone because of it. Don't base to anyone your buy and sell prices because no one really knows how the market will move.
hero member
Activity: 2856
Merit: 667
September 27, 2019, 03:49:33 AM
#28
I suggest you buy now, price is falling but it's not guaranteed that it will continue to fall although people are panicking already.
If the whales will decide to make bitcoin pump up again, that is gonna happen as their power to manipulate the price, nothing is impossible.

Other scenario, if you buy now and price will dump more, you don't have to panic as by just holding, you will still be able to sell at a good price since its expected that bitcoin will recover, bakkt launch maybe out of hype anymore, but think of a long term effect.
member
Activity: 854
Merit: 12
arcs-chain.com
September 27, 2019, 01:53:49 AM
#27
hello mate, I'm not an expert in checking our the possible highs and lows... BTC keeps eluding me  Grin
Nevertheless I would say that if we are betting on a new bull run for the beginning of 2020, taking advantage of the 8000$ level would be a keen move...
It will always have a bit of gambling in it, as I've seen a ton of predictions and they are rarely right...
legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game
September 27, 2019, 01:45:07 AM
#26
Now btc price is $8000, it's good time to buy some bitcoin now. but before you take action, make sure that you analyze current market, so you will know the best price to buy and gain profit. It also need to make asset diversification, and make sure not to spend your fund that you can not afford to lose
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
September 27, 2019, 12:09:03 AM
#25
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 for now is good time to buy. Not a perfect time because we don't know where price of bitcoin will go. But every dump for me is a chance to buy more as long i still can do it. And save another money to back up or buy again if down again. Maybe with 7000 or 8000 dolar target is good thing to do to because each people have their own strategy in how to buy bitcoin.
Buying portion by portion of your spare money is much better strategy when you are not sure what the market have to offer, there's no assurance if this will continue to fall or immediately bounce back in a short span of time. You need to deal with your fear if you wanted to earn from this market, many possibilities can take place, either directions be ready to take the long term road in oder not to suffer from certain loses.
hero member
Activity: 1932
Merit: 504
September 27, 2019, 12:00:41 AM
#24
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 for now is good time to buy. Not a perfect time because we don't know where price of bitcoin will go. But every dump for me is a chance to buy more as long i still can do it. And ssave another money to back up or buy again if down again. Maybe with 7000 or 8000 dolar target is good thing to do to because each people have their own strategy in how to buy bitcoin.
full member
Activity: 686
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
September 26, 2019, 11:41:38 PM
#23
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 believe December is the best time to buy, depend my strategy use MACD ( day - week ). When you can't decide what should do I think you need to analyze your strategy again. Include this question into your pattern, can I handle the risk if I buy now or I should change my strategy more wise?. Find your answer, calculate with your fund, execute and good luck to you.
sr. member
Activity: 1484
Merit: 323
September 26, 2019, 09:32:48 PM
#22
For me just wait for bitcoin to dump, because I think the bitcoin will dump now anytime, but at 6k-7k$. That is my personal strategy if the bitcoin hit's that price I will buy a lot of bitcoin.
I will use the 50% of my funds in trading, and if it goes even lower I will buy more. Remember patience is the key in trading. So let's just wait to dump and then buy a lot!
sr. member
Activity: 2016
Merit: 283
September 26, 2019, 08:55:46 PM
#21
Buy early while you have money that not needed on this moment because it's very unpredictable when it will start climbing.  So must be ready all the time.  Don't waste your time searching when to buy or wait because indeed it will not make a progress if we didn't contribute. Much better to put money early so that all you need to do is to wait and you will not miss all the opportunity once you are in line.  Regards
legendary
Activity: 2506
Merit: 1394
September 26, 2019, 08:49:17 PM
#20
I have also that on my mind, remember this when we reached the all-time-high and pullback to $6,000 areas.
A lot of people telling that "I will gonna buy when it will fall on $4,000" and later, bitcoin dumps below $4,000.

But look, a lot of people afraid to buy when it was below $4,000. A lot of regrets at that time, when the year 2019 starts, from around $3,300 ALL THE WAY up to $13,000.
So, those people who afraid to buy and wait for their perfect opportunity are full of regrets, it's really sad for them.
You can't really know the perfect time. Or much better, you do the Dollar Cost Averaging when buying bitcoin.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
September 26, 2019, 06:14:43 PM
#19
You just got what you wish for. I'm not sure if it could go down to $7k but 1k isn't going to matter when you aim for long term investment. Right now could be the last price you see btc to dip this low. Remember that its strong support was at $10k weeks ago.  Think of doubling your money in months.

let me play devil's advocate for a moment. if that strong support just broke down, why is it a good buy? don't you think we may need to flesh out a new trading range and establish new support levels first?

i'm not usually one to catch a falling knife myself. i like to buy either a strong reversal/uptrend or a double bottom formation. this is a high risk entry here.
It is a high risk entry time, but there is assured growth and we can profit out of the same if we have patience. Here Op too isn't looking for an immediate profiting, upon which this can be considered the right time to buy. Along with the same to reduce the risk it is better to wait a little as the price could fall even lower. Importantly Op has a target of $7000 - $8000, now this is reached. Further it is his money and he is supposed to take decision.
legendary
Activity: 1652
Merit: 1483
September 26, 2019, 06:10:00 PM
#18
You just got what you wish for. I'm not sure if it could go down to $7k but 1k isn't going to matter when you aim for long term investment. Right now could be the last price you see btc to dip this low. Remember that its strong support was at $10k weeks ago.  Think of doubling your money in months.

let me play devil's advocate for a moment. if that strong support just broke down, why is it a good buy? don't you think we may need to flesh out a new trading range and establish new support levels first?

i'm not usually one to catch a falling knife myself. i like to buy either a strong reversal/uptrend or a double bottom formation. this is a high risk entry here.
full member
Activity: 952
Merit: 104
September 26, 2019, 05:45:27 PM
#17
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





Actually harder to give any advise or suggestion at this current situation to avoid blaming, this situation difficult predict where bitcoin price go on, is better to wait and observer first before to decide to buy for investment, of of course a lot pf people they advise price drops is opportunity to buy bitcoin investment but before we do that we need to also to analyst and observe the situation to make talented decision.
legendary
Activity: 2618
Merit: 2304
September 26, 2019, 05:44:49 PM
#16
Otherwise fixing a target for example 7000 or 8000 $ and buy in that moment?

As the BTC price has already fallen to $8K this week, Bitcoin looks attractive to buy. By the way, the entire cryptocurrency market has been dumped drastically and most altcoins have also dropped by -20%.

I always keep in mind that the Bitcoin mining reward will be halved in 6 months, so its price is likely to grow in the near future. I assume that the current strong support level is about $6K. In any case, this is a good opportunity to accumulate some BTC coins in advance. I think that Bitcoin will not be lower than $6500K in May 2020.
full member
Activity: 664
Merit: 100
📱 CARTESI 📱 INFRASTRUCTURE FOR SCA
September 26, 2019, 05:35:31 PM
#15
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


You should buy Bitcoin now as the market continues to dump, you will be able to buy Bitcoin for $ 8000 or less, I believe this is an ideal price to buy it. After you have purchased Bitcoin, wait for the market to recover, and profits will come. I am very happy that the dump market opens up investment opportunities for so many people.
hero member
Activity: 3010
Merit: 794
September 26, 2019, 05:26:56 PM
#14
Its a very rare occasion that Bitcoin price drops at 21% in less than a week. Usually its just 5% to 10% so this current trend is something that we can take advantage at this moment. Bitcoin to hit $7,500 would be very unlikely but its Bitcoin, its unpredictable. It was only last June this year we have seen Bitcoin at $8,060. Buy now? Why not if you have idle funds, we may see Bitcoin at $8,000 level again after 3 or 5 months after the price started to recover.
Times like this are indeed rare and for those investors which are somewhat wise than others will see this as an opportunity like myself but it cant really avoided for you not to hesitate.
Average down will be good if you do accumulate gradually.If you had purchased or able to buy on 8500 levels since the price goes even lower on sub 8k then you can accumulate even more.Waiting for too long will result into missing chance and yes this time there are blood on the streets and we know that this is the best opportunity to take but somehow dont
remove into your mind about the risk involved from time to time.We arent holding up the future and anything can happen so its your choice.
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