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Topic: Buy now or wait for Bitcoin? - page 6. (Read 2627 times)

hero member
Activity: 1624
Merit: 500
November 04, 2019, 04:31:48 AM
The price of bitcoin is volatile and it may fall or even rise so if your plan is longterm holding is better to buy now.
Because in the long run its price will increase as more people accept bitcoin for their payments. Adoption in the world can also be of great help as it is the reason for the price of bitcoin to rise further.
we do not know when the stability of the price at $ 9k will end, I suggest having bitcoin just in case. if the price goes down, you can cut loss and start thinking ahead. I don't know whether bitcoin prices will go up or not, but there's a high chance that bitcoin prices will go up high. owning some bitcoin would be good if the price of the pump was at the end of 2019 or early 2020, and if the price has risen high, you will not have the chance to have bitcoin at a cheap price.
newbie
Activity: 2
Merit: 0
November 04, 2019, 02:00:16 AM
Hi, As per my knowledge please hold to buy BTC till the 2nd week of the December month, Am expecting there will be a drop of bitcoin till december. Am might be wrong but still I have a strong feeling that there will be decrease in the price of BTC. At the end I will leave the decision to you. Thanks and cheers.
full member
Activity: 1134
Merit: 103
November 04, 2019, 12:38:42 AM
If you look at the current situation, then on a monthly timeframe, bitcoin moves in a downward channel and still has not broken it up. This indicates a predominantly short situation. I would wait for a better time for investment.


That's why it is much better to accumulate more bitcoin than altcoins and even though the market is in downtrend there is a huge support price of $9k and if this will breakout then it would sure that the value will go dip maybe it will hit between the range of
$8.5k - 9k.

I can see that it will bounced back to 10k once it goes down and we know that every last month of year bitcoin's value rises. And were hoping it will hit more than the ATH after the halving.

We should not rush when it comes to trading, you are right because now the price of bitcoin is becoming stable at the current value and seems to be more bearish in the coming days. So the price of Bitcoin seems to be high which it will surely cross the value of the $10k mark in the market.
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
November 04, 2019, 12:34:20 AM
If you look at the current situation, then on a monthly timeframe, bitcoin moves in a downward channel and still has not broken it up. This indicates a predominantly short situation. I would wait for a better time for investment.


That's why it is much better to accumulate more bitcoin than altcoins and even though the market is in downtrend there is a huge support price of $9k and if this will breakout then it would sure that the value will go dip maybe it will hit between the range of
$8.5k - 9k.

I can see that it will bounced back to 10k once it goes down and we know that every last month of year bitcoin's value rises. And were hoping it will hit more than the ATH after the halving.
I think you should wait more before buying , I have heard I dont know when but there will be a halving, also wait for some recession that can be happen so that bitcoin price will decrease some, it is good to wait now so that you can buy more, wait for little dip . After that I think in 2020 it will make a ATH again . Hodl and buy more.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
November 04, 2019, 12:22:03 AM
If the question is to buy or wait in relation to cryptocurrency, then in which situation you need to first look at your capabilities.  If you have enough funds from which you can allocate for the purchase of cryptocurrencies and at the same time it will not be a particular difficulty for you, then this solution is quite normal when you invest your money in different cryptocurrencies, and not just Bitcoin.  A very good strategy that many users use is to buy Bitcoin every month for a certain amount and thus minimize the risks of price fluctuations.
If you have good amount of capital where you can split between alts and bitcoin that can enhance your chance to be able to maximize your profits. There's a lots of strategy where people often to follow, some is based to their personal experiences and others are based with patterned and technical analysis. Choose what you think suits you and always be careful in dealing with  your decisions making.
hero member
Activity: 1092
Merit: 501
November 03, 2019, 11:10:26 PM
CUrrent update :
Bitcoin looks strong on it's resistance above 9.2k , it might be the sign of the next pump to 10k according to many people are already optimistic about bitcoin on next year.
I'm sure bitcoin halving will affect much to bitcoin price after the event, and it will bring back the bitcoin domination to crypto space
I have the opposite view, many of those that bought bitcoin recently only did it because they had the expectation the price will go up in a short amount of time, if that does not happen they will sell their coins and we know what happens next right? The price begins to go down and if this happens too fast then traders will panic making the price to go even lower, I wish to be wrong since I will benefit greatly if the price went up but I just do not think is possible.
sr. member
Activity: 1372
Merit: 264
November 03, 2019, 05:35:29 AM
If you look at the current situation, then on a monthly timeframe, bitcoin moves in a downward channel and still has not broken it up. This indicates a predominantly short situation. I would wait for a better time for investment.


That's why it is much better to accumulate more bitcoin than altcoins and even though the market is in downtrend there is a huge support price of $9k and if this will breakout then it would sure that the value will go dip maybe it will hit between the range of
$8.5k - 9k.

I can see that it will bounced back to 10k once it goes down and we know that every last month of year bitcoin's value rises. And were hoping it will hit more than the ATH after the halving.
sr. member
Activity: 938
Merit: 256
November 03, 2019, 04:38:24 AM
The price of bitcoin is volatile and it may fall or even rise so if your plan is longterm holding is better to buy now.
Because in the long run its price will increase as more people accept bitcoin for their payments. Adoption in the world can also be of great help as it is the reason for the price of bitcoin to rise further.

I think holding and set a stop loss is the best thing to do right now since until now we don't even know which direction the price chart of bitcoin will moving to.
Buying right now is really nice to do since the current price chart is sideway indicate ready for a movement, i'm sure it will move up even everything can happen in crypto, one bad news that affected crypto can drops bitcoin price to the bottom.
hero member
Activity: 1778
Merit: 504
WorkAsPro
November 03, 2019, 04:34:05 AM
The price of bitcoin is volatile and it may fall or even rise so if your plan is longterm holding is better to buy now.
Because in the long run its price will increase as more people accept bitcoin for their payments. Adoption in the world can also be of great help as it is the reason for the price of bitcoin to rise further.
In the past few days, China is starting to accept crypto and will create many new opportunities for all market participants. I think it is advisable to choose long-term investment Bitcoin because I am sure that the bull phase will happen soon next year. Bitcoin is currently very cheap and has dropped by more than half its value so if you wait, the opportunity will disappear.

The most important thing when investing is profit and Bitcoin investment will be the safest choice during this time. Hopefully everything will be better in 2020 because this is an economic year and a lot of people care.
sr. member
Activity: 1372
Merit: 261
November 02, 2019, 04:24:44 AM
The price of bitcoin is volatile and it may fall or even rise so if your plan is longterm holding is better to buy now.
Because in the long run its price will increase as more people accept bitcoin for their payments. Adoption in the world can also be of great help as it is the reason for the price of bitcoin to rise further.
full member
Activity: 742
Merit: 121
November 02, 2019, 02:14:11 AM
If you look at the current situation, then on a monthly timeframe, bitcoin moves in a downward channel and still has not broken it up. This indicates a predominantly short situation. I would wait for a better time for investment.
sr. member
Activity: 938
Merit: 256
November 01, 2019, 11:35:20 PM
Tonight or Tomorrow, BTC will move back to prepare yourself, you might reach the price of $ 9,500 and we trade only in the short term so that more profits can be obtained, but if the long term is better and I predict BTC will rise in the next week.

Even your prediction without any logical reason or analysis, i still trust it will come true on this 2 days.
But don't forget sometimes the whales are playing with our physicology they will sell big amount of their btc and price would probably looks downtrend and that will make us selling btc that we already hold lately. And after that they buy again in lower price before the next uptrend. I'm just remindering if this kind of thing is often happen before a pump
sr. member
Activity: 1218
Merit: 251
November 01, 2019, 11:02:10 PM
Tonight or Tomorrow, BTC will move back to prepare yourself, you might reach the price of $ 9,500 and we trade only in the short term so that more profits can be obtained, but if the long term is better and I predict BTC will rise in the next week.
sr. member
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
November 01, 2019, 09:48:32 PM
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 if you will just wait to the next fall down because right now we can see that the bitcoin is in stable between these prices $9,000 and $9,300 in which we can say that this are in the stable coins in which they are not fluctuati g but there is a chance that when the first month of the year 2020 which is the month of the january the bitcoin may fall down and that would be the great chance to buy bitcoin because it is already fall down so you can invest and buy it to hold into and wait until the next rise of its price.
member
Activity: 569
Merit: 88
Credibility: 999
November 01, 2019, 05:21:24 PM
As at the time you asked this question, I would have bought bitcoin if I had the money. Though it's possible that bitcoin could have reduced, I knew that the $7K-$8K was only for a moment. On the other hand, it's not really wise to ask for financial advice as people would tell you what they think (just like I told you what I would have done).
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
November 01, 2019, 04:20:35 PM
Buy now or wait for the global movement of bitcoin? Probably the most important question that everyone who is thinking about investing in the crypto market is asking themselves.
Given that the crypto market is a very high-risk area for investment, I would choose the path of least resistance. This means that the more obvious the future price movement, the greater the likelihood that you can earn.

Therefore, I advise you not to rush and observe the market for some time. Now we have the following thing: Bitcoin has grown by 40% in less than a day, then the price has corrected, which means that another correction is waiting for us, because bitcoin has been adjusted not only by 40%, but only by 20%. I expect a recession, I advise you to hold off.
sr. member
Activity: 994
Merit: 252
November 01, 2019, 01:22:40 PM
If there are people who say to wait for bitcoin to go down then do we know when bitcoin goes down and at what point? In my opinion to be more suitable to buy bitcoin is to look at market analysis using indicators that you understand. And your goal is to invest long or short term? all that must be taken into account. not just waiting for the price of bitcoin to fall. bulshit with people who say that.
Indeed, it depends on the strategy. Before investing your money its important to have plan to know your goal whether its a short term or long term.

CUrrent update :
Bitcoin looks strong on it's resistance above 9.2k , it might be the sign of the next pump to 10k according to many people are already optimistic about bitcoin on next year.
I'm sure bitcoin halving will affect much to bitcoin price after the event, and it will bring back the bitcoin domination to crypto space
We are hoping it will really happen, many are expecting that this coming halving might become the reason for bull run to occur so lets just wait and see.
     price will increase and bull run is on the way. We should keep holding waiting is gonna give us best reward. Now price is highly expected to be high but we only need to keep waiting. Those who have money to invest should invest right now as after few days it will become so expensive that’s why we should not wait any more and just buy.
sr. member
Activity: 889
Merit: 253
October 31, 2019, 10:24:16 PM
why waiting for buying bitcoin ; halving comming and prices can go to moon ; price can pump to 15000 usd per btc at any moment . who now if we are in bull trap or no?
i think everytime you wait for buying cheap in the end you will buy at expensive price
everything below 10000 usd per btc is good for invest
As long as I have experienced the situation of market, I would say that the market situation is in the bull run now, so waiting for the fall in price would be a little foolish because I do not see any big dump in the market in coming future instead the price will increase up to $15k or more after halving, but even if the price decrease then that decrease will be very little which will not make any difference for investors.
We are already going through a dip at present and if anyone wants to buy a coin at low costs, now is his chance to do so. If someone is still waiting for bitcoin to decrease even after such a long dump, he needs to stop being over-patient. I also hold the opinion that the time has come for the market to rise up and as 2019 is coming towards its end, bitcoin and altcoins will be gaining value.
member
Activity: 464
Merit: 10
October 31, 2019, 09:18:45 PM
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 now is not the right time to buy. Bitcoin's chart shows that we are in a volatile region and it will soon retest at the support of $ 7k6 in the near future. Best we should still wait and see how the market will evolve. Do not try to be greedy when the market is too manipulated, you will lose a lot of money if you play luck.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
October 31, 2019, 09:13:21 PM
Buying right now I think is also very appropriate, because the price of Bitcoin has shown up trends so many say the price of Altcoin will also follow Bitcoin.You don't need to wait for the price of Bitcoin to fall, I think the down trend of the Bitcoin is over.
If afraid price will dumped, maybe OP need to split his money and then buy again if price get cheaper for now. But take decision at this price actually already good thing. And if price get cheaper, OP still have money to buy some more. And then only need to wait bitcoin price to increased. Bitcoin price for me is good for long term investment, just set an alarm and don't need to look market price everyday.

We are waiting if bitcoin will reach $ 9k indeed at this time is already low and good to buy, reserve funds must be there now you buy at 9,200k and for reserve funds at the price of $ 9k so we will have the opportunity to get the lowest price, for altcoin can not It is predicted that after bitcoin increases altcoin will only increase slightly, so it is not a recommendation.
If OP ask people for suggestion to buy bitcoin or wait, maybe altcoin must be avoided. I mean, if people still doubt with bitcoin, altcoin with full of speculation is harder to predict. Although like what you said people already predicter about altcoin will increased when bitcoin price increased, it will be wise to do investment only in something that we already know and understand the system.
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