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Topic: December 2018: Is this a good time to enter bitcoin if you have cash? - page 5. (Read 21885 times)

legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Good time to buy bitcoin now, yes. The next halving is in mid 2020 so we’ll likely approach or exceed the last ATH within 2-3 years. If you have patience then buying now is a great idea.
full member
Activity: 560
Merit: 101


We have really crushed hard. I think this thing we're experiencing is what happened to some people sometime ago.
Nevertheless, I still don't believe this is the end yet. So there's still more room for investment.

We're experiencing the second wave of the bear season and so it's still risky buh a good time as well to hop on.
Yeah i fully agree with you. Its been almost 10 years of existence so  by this time investors should have been used to this bear bull bear bull season or  Risks.  Consider this bear season as an oppotune time to increase our  crypto investment.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
There's never a need to enter at one particular time. Better to pace your buys over a few weeks or months. My own willy is telling me Jan/Feb is when we might hit the gutter.

Obviously if you're a believer now is still an OK time since it's 80% down.
full member
Activity: 434
Merit: 103
I do believe that we are near the bottom, considering upcoming developments and historical trends. BUT... In previous examples the bottom was reached and the price then remained around there for some time before recovering. Therefore I don't suspect there will be a sharp recovery. If you have alternative investments for the next 6 months or so that can offer a good return, I think BTC price could be the same then as it is now.
full member
Activity: 588
Merit: 100
We have really crushed hard. I think this thing we're experiencing is what happened to some people sometime ago.
Nevertheless, I still don't believe this is the end yet. So there's still more room for investment.

We're experiencing the second wave of the bear season and so it's still risky buh a good time as well to hop on.
legendary
Activity: 1652
Merit: 1265
OP you are asking the right question.

A lot of doom prophets is a good sign.
Increasing infrastructure is a good sign.
Tech is still solid.
More crypto related jobs is a good sign

The question is "Do you believe in Bitcoin?"
sr. member
Activity: 882
Merit: 282
Though we have different views of the market but i think your analysis make a point!  Bitcoin is really in a  bad condition now compared to were it was as at December last year.  I think the bottom is not here and we may need to get to next year before we see the bottom.  Cryptocurrencies market is really getting to the level which many people did not expect including me.  Investing into cryptocurrencies market now is becoming too risky by the day and I think the bottom is not here yet.
It depends on how much you real price Bitcoin in your mind.
If you think the price of Bitcoin is $1, then it is definitely not a good time now.
Everyone’s pricing for Bitcoin is different, so this question cannot be answered.

Many of us here are speculators and that is why there is always a warning that before you put money into the market do your personal analysis.  My own analysis review that the bottom is around $3000 base on my MA crossing but I have come across many other speculations that have different views.
eup
jr. member
Activity: 105
Merit: 5
It depends on how much you real price Bitcoin in your mind.
If you think the price of Bitcoin is $1, then it is definitely not a good time now.
Everyone’s pricing for Bitcoin is different, so this question cannot be answered.
hero member
Activity: 3150
Merit: 937
No it's not the right time,just wait for a $1 bitcoin price and then buy a few hundred or a thousand bitcoins. Grin
I'm just kidding,but all those "is it time to buy btc" forum posts are kinda annoying.Op,nobody is going to give you the answer.Nobody knows what will happen.You either just believe in bitcoin or you don't.
Just don't seek external validation for your insecurity.
legendary
Activity: 3472
Merit: 10611
there is no way to answer your poll question, it can be any $$$ from the bottom.

the only thing that we know is that the current price is near the bottom price that can ever be reached at this point so buying now means you are buying close to the bottom. it may go a little lower but also it may not. but you can know it will go back up again unless of course you think bitcoin is dead in which case you shouldn't even be  here!
legendary
Activity: 2296
Merit: 2262
BTC or BUST
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.
copper member
Activity: 474
Merit: 3
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The bitcoin price index is now 1.000000 XBT = 3,836.92 USD


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