Topic: Good time to invest in btc? - page 2. (Read 5485 times)

Buy on bad news
Sell on good news

That's the only advice anybody ever needs to have when trading in anything really.

Buy when there is blood on the streets.

Now is the perfect time to buy, people are panicing, selling.
The price is going down.
Now is absolutely the perfect time to buy.

We are Bitcoiners!

Short from $236, but that had nothing to do with my post. Whether a few little fishies decide to buy in or not isn't gonna effect my trading. I would've given the exact same advice last week when I was long and waiting for a bounce.

And the people who actually need advice like this aren't gonna be moving in and out of the market like me, at least, I hope not. They're just looking to buy some coin to sit on for while. If they were a trader I'd tell them to wait for the giant red dildo and go all in but it'd be irresponsible to give advice like that to someone who doesn't know what they're doing. They might foolishly decide to go 20x long and get rekt where they would've been fine in a non-leveraged trade.

i always agree to buy and invest when bitcoin down to 200 USD , and now i think the right time too for buy bitcoin as much as you can

We are Bitcoiners!

^^
Dude is too emotionally attached to his coins to sell them. 

^ Don't listen to the naysayers!  They don't want BTC to go up because they are shorting it.

In a word? No.

The trend is still down. Maybe buy a little bit to get your feet wet and to play around with different wallets or whatever. But you shouldn't go in heavy until the trend is in your favor. The only ones who have to buy during a bear market are mega whales who wouldn't be able to fill their bags from buying into a bull market.

And don't listen to the idiot bulltards on here. I'm bullish on btc long term but there's no reason to expose yourself to the risk that buying into this bear market entails. They'll say, "it won't matter what price you buy in at because it's going to the moon", but the same exact thing is true in bull market. It doesn't matter if the price is double what it is right now when you buy if it goes up 10x right afterward. It's not like the price is gonna jump to $1000 in a day and keep going. 99.9% chance there isn't anywhere near enough money on the exchanges for that to happen. The chance of it crashing to $100 in a day is much more likely, as much as it pains me to say.

The only reason to buy right now is if you just want to treat it like a retirement account. If you don't want to watch the market and your horizon is long enough it won't matter if the price halves in value again before going back up. Besides, in that case you're probably dollar cost averaging so you'll get some of those cheap coins too. But in any case you really only want to invest 1-5% of your net worth. Don't put in any more than that unless you know wtf you're doing (as in, you know what a fucking stop loss is, unlike many bitcoin margin traders).

^ Don't listen to him.  He wants BTC to go down because he is shorting it.

If you can't afford to loose you need to supervise it 24/7 and sell when it goes down. You only loose when you don't sell in a decline. But be careful with the beartraps.  

Also good management is important. Never all on one card. Always keep some powder on the sideline for special opportunities.

Some exchanges offer stop loss features and buy/sell trigger at certain prices. Get familiar with those features to be able to avoid large losses during sleeping time.

But all in all market looks like bottoming out right now. So maybe you're lucky to come in at the right time, maybe...

Good luck

edit: and btw, don't listen to any of these fanatics on this board (the vast majority). They'll always tell you to buy - always. They'll deny any problems and risks in any case. So these permabulls are pretty useless for any advice actually. Best to trade according to your own judgement only. Some of these guys took 70%+ losses last year and are still buying and telling everyone else to do the same  

In current marketconditions it can make sense to buy gradually - bit by bit. Not all in a day or one trade. You could for example buy every day or every two days 5% or 10% of what you want to actually take as position. This way you are also better protected from daily volatility and less likely to get a bad price because you'd get some weeks average price or something

Always use dat brain

It's a very good time to buy BTC.  Remember it can go to +1000 really fast.

better to buy in big bulks if it fall or keeps falling(not the case now) and slow your buy rate if it rise, ratio 1:1(on the price) would be good enough

example it raise +50 usd, buy 50 usd of btc

Absolutely.
It's nigh on impossible to not make a profit at some point in the future if you buy in now.
The price is pretty low, a great opportunity to really make some easy money.

Buy what you can afford to now, HODL for a few years & see where you're at.
Think if it as a fixed rate bond only with the chance to make a lot more money.

I don't understand how anybody aware of bitcoin isn't buying in now.

Actually it does matter: you'd be saving about 40% in that case - that isn't exactly pocket money if you ask me - well, it still comes down to how much you're investing, but this could mean a difference of tens of thousands USD in a year or two!

Agreed, my advice would be to buy little by little with the current prices. Just to slowly grow your hoard. In long run price wouldn't matter.

I wouldn't hesitate to get in as soon as possible. If you are here in the long term, it's not going to matter much if you got in at 150 or at 250. What would be terrible is missing the boat while trying to get in right at the perfect price entrance.

Well you could always apply the logic of "buy the dip" and as soon as a dip occurs, you immediately go and buy some more coins. In any case, you have to decide whether to sell your coins in case the price goes down a lot, be careful not to panic-sell your whole stash!

Well at least the price can't fall infinitely far, we are now down to about 80% of the previous all time high and and so far it's much safer to invest now then a year ago. Please keep in mind that it is still quite possible that we will go down to $150 or so. If you are really afraid of a crash, I guess it will be safest to wait for a definite confirmation of the trend reversal.