December 2018: Is this a good time to enter bitcoin if you have cash? - page 2.

basyang

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Quote from: eddie13 on December 03, 2018, 11:15:06 PM

Yes, I believe so but I could be completely wrong.

My expectation is for a low of no lower than $2,500 but we could have already hit our lowest low since the last ATH.
I also expect another pump in the future to again dwarf the last ATH as had happened many times over so for me the prospect of how much to be lost from here is tiny in comparison to what could be gained.

I'm not selling and am more confident in putting more into BTC now than ever.

Personally, I think its good Idea to enter bitcoin if you have cash in december 2018 because you can buy more bitcoin and hold or invest it while the price is very low. Its our strategy how we handle this kind of things. But before they enter bitcoin make sure they know or background check how if works and they have also an idea what is bitcoin all about.

timerland

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Quote from: BTCgrinders.com on December 03, 2018, 11:09:07 PM

The bitcoin price index is now 1.000000 XBT = 3,836.92 USD

~1 year ago the price was 1.000000 XBT = 19,916.37 USD

The current price is 19.3% of the previous all-time-high.

Keyword here is probably "if you have cash". Prices are currently very low even after the small rebound up to $4k, and I think that there is pretty much very little chance that we're heading much further down from this level.

We could potentially dip a bit under $3k, but below that, there will be a lot of buying pressure for prices to stay that low for much longer.

Having said that, there is every possibility for short term anomalies to happen within the market. This is why I wouldn't recommend entering long positions with leverage, buying bitcoin derivatives without knowing what you are doing, or potentially even going into debt to buy bitcoins. Only buy if you have cash on hand, and if you are willing to hold your position for the long term. In that case, you'll find that $3-4k is very low in the macro scheme of things.

DarkBullet

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We are now experiencing a minor pump where bitcoin reached $3800 and this price from $3800 to $4000 will serve as a wall. Most investors are seeking for this pump for a long time now so we can always expect a sell from these price and found it an opportunity if they buy bitcoin at its lowest price. This sudden and temporary pump gave me doubt if i will enter or not. Some are expecting bitcoin to go down at $2500 so i might say that this is not the good time to enter.

Clark05

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If I have now extra cash I will invest more to bitcoin. Because as I notice the price from the 3200 dollars to 3700 dollars at this time.
And I believe it will up more the value so invest more money to bitcoin but only extra money better to use.

BTCgrinders.com

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Currently, BTC is approaching $4000, going up $800~ since the start of new poll.

magisterr

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I think this is a very good time to buy more crypto if you have cash. Because this probably most cheapest price for all time in future. A lot of big good thing will happened in next year (like Bakkt and Fidelity launch etc.). So probably we will never see such low price more.

b3j0

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To be honest I am still very doubtful about this problem, because there is still a possibility that the price of bitcoin will go down even further. maybe I will wait longer to buy.

maxamus

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Quote from: Kimi80 on December 17, 2018, 06:51:54 PM

I would say that it is right time. We can see that in last 20, 24 hours bitcoin price jumped from 32xx to 35xx in its price, it's on 8% growth so we could assume that the moment is right. On the other hand we have also seen that it could easily go down in a matter of hours. Maybe the best tactic is to buy and if it start to go down, sell and wait for another so called good moment.

Yes obviously if you have some cash and you want to invest in then go for investing some amount in Bitcoin and hold it for 2 more months you will see the good results and price will go up to $8000 so wait for the countdown to start and wish to see great time ahead.

bitbunnny

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It's risky but still it's good time. The price is relatively low, hope that lower will not go so if you have extra cash it's good to invest. In some point of time the price will recover so if you really don't need that funds and have enough patience it would be good decision to put it into Bitcoin.
But since the market is changing very quickly you should be prepared to spend a lot of time for monitoring and to be prepared for fast action.

deppil

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Quote from: Kimi80 on December 17, 2018, 06:51:54 PM

I would say that it is right time. We can see that in last 20, 24 hours bitcoin price jumped from 32xx to 35xx in its price, it's on 8% growth so we could assume that the moment is right. On the other hand we have also seen that it could easily go down in a matter of hours. Maybe the best tactic is to buy and if it start to go down, sell and wait for another so called good moment.

for now it's better to play in the short term. when you have heard there is good news that will appear in the long term in the future. you can start buying and holding. for now it seems better to just be short term. find the right time to buy and sell directly when you're profit

Kimi80

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I would say that it is right time. We can see that in last 20, 24 hours bitcoin price jumped from 32xx to 35xx in its price, it's on 8% growth so we could assume that the moment is right. On the other hand we have also seen that it could easily go down in a matter of hours. Maybe the best tactic is to buy and if it start to go down, sell and wait for another so called good moment.

Barbut

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If you dont have some crypto in your wallet than you are crazy. If you have only cash its like you are living in the past, open your eyes, look at the future, we will need to have some crypto in our wallets. Cash count last years, its question how much it will survive, in some progressive countries that will happen in next maximum 5 years, other countries later, but all countries will be crypto once.
Who doesn`t believe in that have a problem with understanding reality, and where are we going. Digital future is already here, with years everything will be more digital, everything will be crypto.

nydiacaskey01

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If early this morning you bought 1 BTC at $3,100 USD, you shuld have earned at least 9% by now since BTC is now being traded at $3,400 USD. So for those who are asking if its still a good time to buy Bitcoin, yes it is and there's still opportunity to earn if you enter at the right moment and exit or sell at the right time. You need to observe and learn how charts works and listen to those who are in this industry for a long time already.

DonFacundo

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bitcoin is in stable around $3,300 price so I think this is a good time to buy bitcoin and hold it for a long term just be patient bitcoin will increase.

Barcode_

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I still remember the moment when majority of the investors is forking out their hard earn savings to purchase bitcoin when its price was almost $20,000 USD per bitcoin during the month of December in year 2017, but it seems that the interest to buy bitcoin at the moment is extremely low for investors despite the low price of around $3200 USD per bitcoin. Since it is extremely hard to predict the bottom for bitcoin price, I guess most investors are not willing to risk their money to purchase bitcoin anymore for now.

gabmen

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Quote from: Muzika on December 15, 2018, 02:04:59 AM

day by day bitcoin price sets to the floor, and I think it is better to enter and bought bitcoin when the price seems to start to have a good price comeback again, yes we all dont know what would be the next atleast we can buy bitcoin as long as the market is still at low.

Hey if it bottoms out at 2.5k and you bought in at 3.2k, it's not a bad deal. The price isn't going to stay at these lower levels you know. You just have to make sure that the amount you'll use is something you can hold onto for some time.

Muzika

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day by day bitcoin price sets to the floor, and I think it is better to enter and bought bitcoin when the price seems to start to have a good price comeback again, yes we all dont know what would be the next atleast we can buy bitcoin as long as the market is still at low.

Question123

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We don't know what is the bottom for that and I hope it will up the value of the bitcoin and before the price up again this is good to ime to buy for you but depends to your prediction if it's good or not better to make reseaech first before buying to know what is your next step.

BTCgrinders.com

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Results of last poll:

from Dec 4 - 14

$100 of bottom - 0 (0%)
$500 of bottom - 1 (6.3%)
$1000 of bottom - 4 (25%)
$2000 of bottom - 6 (37.5%)
$3000 of bottom - 4 (25%)
$5000 (it's going to 0) - 1 (6.3%)

New poll is up.

pinoyden

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even if you dont have a cash or capital to start with , you can still enter the bitcoin and crypto scene in the form of working thru different activities such as working thru forum ( e.g bounties , signature campaign , etc ) or working on other free lancing jobs . there were too many way to earn a crypto even witout a cash but all you need to do is invest your own precious time and hardwork . 2018 isnt also the year for cryptos because even at all times , you can always start to join as long as you are verry willing to learn and earn .

yet it is still better to start early as possible because cryptos can potentially pump and skyrocket at unexpected times without prior notice .

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