Topic: Good idea to buy bitcoins now? - page 21. (Read 20796 times)

It's not so good idea, cause your profit will be so small or you can lost some money, better to wait a bit when price will not be so hot and buy.

This price seems to be high for me, so I will  not prefer to buy as you cannot expect higher profits if you buy with current price as we don't know what will be the exact price at halving.

Yes its a pretty good idea to buy bitcoins normally but right now I'm saying no because its simply not worth the price it has right now.
If the price drops anytime soon you should buy them as fast as possible.

but most likely require considerable time until bitcoin prices will fall, maybe next month, or maybe next year. I think maybe now is the right thing to buy bitcoin. some of today bitcoin is not increased by much and I think the price is stabilized, maybe if you buy bitcoin today, maybe tomorrow bitcon prices will rise, or maybe next week.

so when there is an increase then you also have to be ready when there is a decrease. but now a different momentum, halving imminent and the possibility of bitcoin prices dropped very little during the months ahead. My advice bitcoin save as much as possible for approximately one month ahead. profit taking and enjoying the results achieved.

the current price is good for securing profits or to simply keep holding. buying right now is too risky as you don't know if the price will go up much higher than current levels. i definitely wouldn't risk buying at these prices.

there is some reason why bitcoin price rising.
although we dont know how and when.
but after some search, some people tell that bitcoin price will rise.
1. Bitcoin Halving : “I think that the next run-up would be in early 2016, in anticipation of the halving of block rewards […] and yes, the price run-up should be much higher than in 2013.”

2. China : China’s markets have been going nuts since the start of the year, experiencing 7% drops and suspension of trading. With even China’s biggest bank seeking safety in gold abroad, another financial crash might be in the cards, which could present a real boon for the decentralized currency. This is because the Chinese are not only known for buying gold — and more recently bitcoin — in times of economic distress, but also using the digital currency as a way to circumvent capital controls and as a vehicle for conversion into other fiat currencies.

3. Transaction Volume is Growing : One of the most relevant statistics for gauging how Bitcoin is doing is transaction volume since there is a direct relationship between the number of transactions within a network and the number of network users. This number is of utmost importance since “the value of a telecommunications network is proportional to the square of the number of connected users of the system” as per Metcalfe’s law.

and many others reason that bitcoin price will go rise and rise

If you can afford to buy with current price then you can buy it, but to be honest if you buy now then profit margin would not be too higher, but you will make some profits for sure.

You have to buy Bitcoin when the price is low and that is not the case now because many people with already Bitcoin are now waiting for a higher value so they can sell it with a lot of profit.
And that should be perfect if they can earn some profit in a fast time and hopefully it will keep rising.

Yeah i agree but how if the price will continue to reach like $800 before halving so it a lot way not profitable. So if i have extra budget i will buy bitcoin but not whole i will buy just like 1/4 or 1/2 and i will hold it and keep earning everyday because of the price is continue rising. Opportunity doesn't knock twice so you need to think twice before doing big decision .

Its better to wait for price drop in next few days, as current price is too high for making an investment, I would prefer to hold my coins for halving.

for this time it is not a good idea . it is not profitable to invest on bitcoin right now because it is continuing to go to the higher price you might just sink your money if buy bitcoin for now it is very risky to draw money .

I guess it's not wise to buy bitcoin today, perhaps the right time to buy a bitcoin is when the price drops, or we can preview the current state. but if you believe bitcoin prices will be higher than it is today, it might be good to buy it, but it's up to you

Actually in most of the cases, every pump has an associated dump and we see that many times since the price hits $300 last year.

Today's case of price rise is different because there are hypes, expected speculations and manipulators on the move. Also the growth is exaggerating so even there will be a massive dump I see it won't goes down much for at least 50% considering those price low hunters set a target price of above $500 to do massive buys.

It is not the best idea that you can have and that is because the chance of making profit will be now hard and that is because the value is also becoming higher.
And it is hard to know what will ever happen in the future so that is also risky.

It was a good idea OP, you could earn a few dollars if you buy now. eventually BTC will go down again, but before it falls it needs to up first. Conclusions are it is nice to buy now and save it till the halving. I am planning to buy from any possible pull back.

Normally with a rise like this I would be careful because it's always dangerous to buy when the price has been experiencing a pump for a few days already. Anything that goes up must come down at some point right? But I think here it's different, with the halving less than a month away, the value still has enormous potential to grow.

Actually today's low earlier is quiet a great opportunity to buy and add some coins on hand but because it just happen in a quick duration of time, many hesitate to take profits when the price sits at $770 while at the same time doing buys.

Well  that's trading life. You have to be ready for whatever output that price will bring.

No buying right now is not the best thing... look at the price its way too high to buy right now, you will lose profit if the halving will be bad for sure.
I would wait for the price, maybe its even gonna go to a lower amount very soon.

theres still 42 days left for the halfing and 42 days is a pretty long time. i think the price is going to start going crazy when theres about a week left but for now, its the lowest you're gonna see so a while. long story short you should buy now.