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Topic: Good time to invest at $7,000? (Read 450 times)

legendary
Activity: 1176
Merit: 1024
April 17, 2018, 08:09:10 AM
#41
What we are having now has been some crazy market and it is understandable when some are still looking for a much better price for bitcoin and at the end they still end up missing this one anyway. The same way people get greedy at the top buying into fomo is exactly the same way the get greedy not buying at dips and looking for a lower price.

The market is unpredictable and the way they can play safe is to buy small, and if they get lucky to see it lower, buy more and so on. For years I am doing so and making use of all the fluctuations by following this simple strategy. In some sense it is kind of averaging the buying prices in down market conditions.
legendary
Activity: 1218
Merit: 1001
April 17, 2018, 08:06:43 AM
#40
I think after tax reports for US residents bitcoin price will go below 6000 usd
Also futures are expiring on 18 april this is another reason to go short for bitcoin.
newbie
Activity: 137
Merit: 0
April 17, 2018, 07:59:15 AM
#39
Bitcoin price is around $7,000 right now. People are asking me if this is a good time to invest. A couple of days ago the price was around $6,500. That will be a better price to buy Bitcoins: Bitcoin Price. Nevertheless $7,500 is in my opinium still a low price to invest.
My friend tells me that the price of bitcoin will depends upon the scenery after April 17 because the tendency that the price will dump can occur right now. But I don't it will happen because the price of bitcoin continuously surge.
I think $7,000 is the best price to invest in bitcoin and I hope bitcoin will fluctuate 10,000 usd by this spring season.
legendary
Activity: 1484
Merit: 1004
April 17, 2018, 07:28:03 AM
#38
It is appropriate to invest in $ 7,000 which now spikes over $ 8,000 that will last longer and may increase and pump, along with the increasing volume of demand, of course I strongly advise to immediately buy at any price today ignore what is negative, because the sustainability of the price will last long and increase and must believe with the positive trend everything will happen.
hero member
Activity: 952
Merit: 503
April 17, 2018, 06:39:19 AM
#37
Yes good time to invest .. And as of now the price grow fast from 6 to $8100 and perhaps it will surge now because if some positive news nowadays , but it depends always,  unless if those whales and etc didn't interrupt on this up trend 'cause it will collapse again for sure..  But I'm not hopping for it. Lol  so instead let's celebrate to welcome the bull.  
This is the time for real celebration because we have waited so long for making bitcoin come to this point and start increasing in value. There is no way for bitcoin to come down in value now because it has already dumped for so long that too damn bad. This is the time of happiness for the supporters of bitcoin because their favorite coin has started a journey for the recovery of its high prices.
full member
Activity: 1064
Merit: 112
April 15, 2018, 07:55:30 AM
#36
Bitcoin price is around $7,000 right now. People are asking me if this is a good time to invest. A couple of days ago the price was around $6,500. That will be a better price to buy Bitcoins: Bitcoin Price. Nevertheless $7,500 is in my opinium still a low price to invest.
the price is so high mate mate..  An you can't even afford it so if i were you accumulate now while the market didn't surge, 'cause you will repent for sure when the price continue to surge after this fluctuation.
hero member
Activity: 854
Merit: 500
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April 15, 2018, 06:56:14 AM
#35
the price is already above $ 8000 and I think it will not be possible to get down again. people are starting to feel good about the price now.
Don't assume that just because the price is going up now that we won't fall back down. This market has perfectly demonstrated that everything can happen within a very short period of time.

People here always adjust their sentiment based on how the market moves. It's just days ago where people were speculating about the market to dip below the $5000 mark, and now they believe in $10,000 again.

It once again shows how infested this market is with get rich quick noobs. People are happy as long as the price is going up, but when a normal correction follows, they suddenly act like it's the end of Bitcoin. Roll Eyes
All hits up the point. Everything is unpredictable and even i i have a wrong Analysis in some point that it shows a bearish candle but the it continued making high.
This sums that the whales are always getting that advantage by bringing the normal minds or amateurs mind in trouble anticipating that it goes that way as they think.
legendary
Activity: 1526
Merit: 1179
April 15, 2018, 06:43:34 AM
#34
the price is already above $ 8000 and I think it will not be possible to get down again. people are starting to feel good about the price now.
Don't assume that just because the price is going up now that we won't fall back down. This market has perfectly demonstrated that everything can happen within a very short period of time.

People here always adjust their sentiment based on how the market moves. It's just days ago where people were speculating about the market to dip below the $5000 mark, and now they believe in $10,000 again.

It once again shows how infested this market is with get rich quick noobs. People are happy as long as the price is going up, but when a normal correction follows, they suddenly act like it's the end of Bitcoin. Roll Eyes
member
Activity: 546
Merit: 17
April 15, 2018, 06:17:09 AM
#33
I think we should buy now that bitcoin is still at the $7,000 area and sell when the price move up again. I think we are seriously at the moment of indecision and the wise traders will always taking the advantages of this moments to buy more coins and hold them for a very long-term before selling


of course the price of $ 7000 is the most appropriate time to invest and hold it on the sidelines possible, the prices by degrees continue to improve again, it seems I regret not buying at the time of the price of $ 7000, look at the price now! the price is already above $ 8000 and I think it will not be possible to get down again. people are starting to feel good about the price now.
member
Activity: 282
Merit: 10
April 13, 2018, 08:44:42 AM
#32
Its already 8000$   but its ok if you buy know . Or you should wait untill bitcoin will drop at 7000$ again or maybe 6000$  . If you have those money you should definetly invest  in bitcoin becouse he will grow a lot in the future and you will make a lot of profit . I will invest in bitcoin to but in the future becouse i dont have enough money to buy such an expensive crypto.
sr. member
Activity: 2016
Merit: 283
April 13, 2018, 07:48:01 AM
#31
Yes good time to invest .. And as of now the price grow fast from 6 to $8100 and perhaps it will surge now because if some positive news nowadays , but it depends always,  unless if those whales and etc didn't interrupt on this up trend 'cause it will collapse again for sure..  But I'm not hopping for it. Lol  so instead let's celebrate to welcome the bull.  
legendary
Activity: 1442
Merit: 1025
April 12, 2018, 10:56:35 PM
#30
They were already calling this a dio so why not? I guess that means it is at a lower price now if they really felt it to be lesser than what they are expecting.

But in my opinion, it is a good time to buy and will always be. It is just that time where it shoots at 19k which is really questionable. It is too fast to believe in.
No one can know if this is a dip or not, it is a market and anything can change but comparing to the last value at the ATH, this is a very good time to start accumulating. I still believe the market is not going to be starting a bull run immediately and there would be a plenty of time to really accumulate, but like I said, it is the market, we can only speculate but at the end, whatever would happen will still happen. Whoever wants to go long however, I believe will be making moves now.
hero member
Activity: 1246
Merit: 529
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April 11, 2018, 06:50:57 AM
#29
Actually the price of bitcoin is not yet reach 6500$.The lowest value raised is 6592$,it's nearer to 6500$.Check the below link to get more information.

https://www.coinbase.com/charts

If you are buying bitcoin for your future.I will suggest you this is the best time for that.The price is reduced due to some FUD in the market.Now the price is below 7000$,so it's better to inverse now .If you had a plan to inverse at 7000$,you are forced to spend some more dollars.You can buy bitcoin now.

Well it may still get lower that what it is now and probably a good thing to do is to invest sparingly. Try to test the waters. Again we can't predict how the price will move so don't be hasty. Invest some now, then a little more if the price drops again.
hero member
Activity: 1305
Merit: 511
April 11, 2018, 03:06:38 AM
#28
Actually the price of bitcoin is not yet reach 6500$.The lowest value raised is 6592$,it's nearer to 6500$.Check the below link to get more information.

https://www.coinbase.com/charts

If you are buying bitcoin for your future.I will suggest you this is the best time for that.The price is reduced due to some FUD in the market.Now the price is below 7000$,so it's better to inverse now .If you had a plan to inverse at 7000$,you are forced to spend some more dollars.You can buy bitcoin now.
newbie
Activity: 36
Merit: 0
April 11, 2018, 02:58:33 AM
#27
Bitcoin price is around $7,000 right now. People are asking me if this is a good time to invest. A couple of days ago the price was around $6,500. That will be a better price to buy Bitcoins: Bitcoin Price. Nevertheless $7,500 is in my opinium still a low price to invest.

Not giving a financial advice (DYOR) but in case you are planning to hold your bitcoins for a couple of years you will defensively make a significant profit. Bitcoin should reach 100k in the upcoming years. The only question is when will it happen. As for the near future we may see bitcoin drop in price even more (to 5k, 4k, 3k, who knows?). I personally just buy a little bit of bitcoin once in a while using money that I'll otherwise would spend on some worthless crap or junk food. Everybody has this habit of spending money. So spend it wisely - buy bitcoins!  Cool
hero member
Activity: 2282
Merit: 795
April 11, 2018, 02:38:13 AM
#26
Bitcoin price is around $7,000 right now. People are asking me if this is a good time to invest. A couple of days ago the price was around $6,500. That will be a better price to buy Bitcoins: Bitcoin Price. Nevertheless $7,500 is in my opinium still a low price to invest.

The price of bitcoin has been stable for like 1-2 weeks from now. It has been sitting on the $6,800 mark and only a small increase/decrease has been made. Personally, now is the perfect opportunity to acquire more coins while the prices are still low in order to take advantage of its potential price skyrocket in the future. Just to add, do not sell your bitcoins on a price lowered from what you acquired them, EXCEPT when you are financially struggling. Though the decision primarily depends on your status, at least this would mitigate the damage incurred in the future.

I am opposed to people calling long-term holding of coins investments. For me, this is a kind of speculation. Investing is buying shares or ICO tokens. But I never blame speculators. Any way of earning money has the right to be if it is not associated with abuse. But it seems to me that the long-term bitcoin holding has no prospects for income generation. The price of coins can not grow indefinitely.

Bitcoin may either be for short or long-term but the market has been showing some price increases on a small margin. I guess that short term investment may be the ideal thing to maximize for the realization of profits compared to long term.
hero member
Activity: 1666
Merit: 753
April 11, 2018, 12:45:30 AM
#25
Bitcoin price is around $7,000 right now. People are asking me if this is a good time to invest. A couple of days ago the price was around $6,500. That will be a better price to buy Bitcoins: Bitcoin Price. Nevertheless $7,500 is in my opinium still a low price to invest.

Over the long term I'd say that anything below $8000 should turn out to be a good buy.

However, I don't think that the current dips are over yet. So if you expect to profit straightaway, don't enter the market now as the bear market is probably not yet over at the moment. There is a chance that bitcoin will only hit rock bottom once the price reaches as low as $4k or so.

If you're looking to accumulate right now, then you're already making a really smart decision compared to most others, as you're not panic selling or buying into the hype. I would recommend buying some at or below the $7k level as it is decently cheap, but hold onto some investment funds for future dips, so that you don't buy at one price point and get yourself locked into a potentially disadvantageous position.
STT
legendary
Activity: 4102
Merit: 1454
April 10, 2018, 01:24:10 AM
#24
Bitcoin price is around $7,000 right now. People are asking me if this is a good time to invest. A couple of days ago the price was around $6,500. That will be a better price to buy Bitcoins: Bitcoin Price. Nevertheless $7,500 is in my opinium still a low price to invest.

Depends on your time frame and personal outlook.   Its never smart to borrow to place money into crypto, thats bad business for everyone because it creates forced sellers later when really we need people who can hold when the price is volatile.   Generally Bitcoin is a volatile priced market because it is such a new technology I think thats normal.  

Right this moment pricing is quite calm.  I've outlined on this chart, a previous downtrend and then percentage recovery to the current price vs that decline.  Its a reasonable way to compare strength and I think also fits into the price quite well so showing some accuracy hopefully.
Let me know if you need any further explanation but to answer the question it seems a reasonable area long term.  The best way to reduce risk is to buy regularly not just once only

legendary
Activity: 1344
Merit: 1006
April 10, 2018, 01:03:28 AM
#23
It is a good time to buy Bitcoin specially at $6,600 USD to $6,900 USD range then once BTC climb to $7,100 USD think if you are willing to let it go then wait for price to drop again to $6,600 USD. Price of Bitcoin is going on a roller coaster ride lately and for some reason it not going up to $8,000 USD just $6,600 USD to $7,300 USD. If you are into scalping, its a good time to do your scalping now.
hero member
Activity: 3080
Merit: 603
April 10, 2018, 12:50:46 AM
#22
Bitcoin price is around $7,000 right now. People are asking me if this is a good time to invest. A couple of days ago the price was around $6,500. That will be a better price to buy Bitcoins: Bitcoin Price. Nevertheless $7,500 is in my opinium still a low price to invest.
It is under $7,000 and it's a good time to invest time. Tell those people who are asking you that it is a yes, it's a best time to invest.  And with the good news that are coming out like these;
Soros, Rothschild, and Big Institutional Investors are Entering Bitcoin Market
First Soros, Now Rockefellers’ $3 Billion Firm to Invest in Crypto
These news can result with a big pump.

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