How to BUY BITCOIN at the "right" price

iv4n

legendary

Activity: 3346

Merit: 1191

Quote from: FanEagle on March 17, 2019, 03:29:17 PM

Quote from: imstillthebest on March 14, 2019, 10:15:52 PM

title of the thread seems wrong . " it says how to buy at the right place " . basically when we buy our bitcoins we buy it online . i think the title should be " how to buy bitcoin at the right time " because there are times that the price is in good condition in which not all can afford to buy a bitcoin . other times the market is in bad shape , that is the perfect time to buy bitcoins because we can get a huge discounts .

It still depends on the purpose of buying bitcoin at that time, the reason why some people always ask people to buy at any time is because the market cannot be predicted, Bitcoin might be in good condition now and continue that way without going deep again but we still have to watch closely by using our analysis to know if it’s right time or not, that is for investors though but for normal users that wants to use it as means of payment for services can still buy at any time to pay.

I agree with first comment, I would say that OP used the wrong term too. For the purpose of trading it`s the "right timing" for buying and selling. Term "right place" is not completely wrong, if your term is came from chart analyses, than the "right place" on the charts for buying or selling, have much more sense.
Only headline suggest that topic is about a place where to buy bitcoins. At least I got that impression, and as it seems many others.

FanEagle

legendary

Activity: 3066

Merit: 1129

Quote from: imstillthebest on March 14, 2019, 10:15:52 PM

title of the thread seems wrong . " it says how to buy at the right place " . basically when we buy our bitcoins we buy it online . i think the title should be " how to buy bitcoin at the right time " because there are times that the price is in good condition in which not all can afford to buy a bitcoin . other times the market is in bad shape , that is the perfect time to buy bitcoins because we can get a huge discounts .

It still depends on the purpose of buying bitcoin at that time, the reason why some people always ask people to buy at any time is because the market cannot be predicted, Bitcoin might be in good condition now and continue that way without going deep again but we still have to watch closely by using our analysis to know if it’s right time or not, that is for investors though but for normal users that wants to use it as means of payment for services can still buy at any time to pay.

imstillthebest

full member

Activity: 1638

Merit: 122

title of the thread seems wrong . " it says how to buy at the right place " . basically when we buy our bitcoins we buy it online . i think the title should be " how to buy bitcoin at the right time " because there are times that the price is in good condition in which not all can afford to buy a bitcoin . other times the market is in bad shape , that is the perfect time to buy bitcoins because we can get a huge discounts .

hen cet

member

Activity: 349

Merit: 10

Quote from: acheampong64 on March 13, 2019, 05:20:48 PM

That's an awesome post you've got there. Anyways what we always are concerned about is how things get different at each time. For instance, things have changed now and fundamentals are now different so it'd be difficult to determine the absolute best time to invest.
As you said, we always should be careful now that the venture capitalists are in.

A good price for buying bitcoin in my opinion is when prices are down and it is predicted to rise soon, because of the difference that is a profit. In theory it's very simple.
The problem is when prices are in a low position and when prices will rise, that makes speculation that bitcoin holders must take into account the parameters that are available when investing. So one of the keys to the success of Bitcoin must be patient and not greedy.

Romanianz

full member

Activity: 175

Merit: 100

Quote from: 2chase on March 13, 2019, 06:53:33 PM

In order not to bother too much, trying to buy at the lowest possible price - it is better to do it right now, now there are very good market circumstances in order to invest in Bitcoin. The best will not be in my opinion. Buy right now and wait. This will be the right step for the investor.

I think to be able to find out the right time to buy coins at cheap prices is very difficult to know, maybe also because of the influence of the cryptocurrency price movements that are not easy to predict so it is very difficult to know the right position to buy coins at cheap prices.

iMark

sr. member

Activity: 1162

Merit: 251

Quote from: Google+ on March 07, 2019, 10:21:38 PM

Quote from: KennyR on March 07, 2019, 06:57:04 PM

There is nothing as a right price with bitcoin. Who feel to make an investment into bitcoin should consider buying at the lowest possible. The lowest price by which we buy gets us with the increased opportunity to profit out of the same. To find the exact price of bitcoin it is must to go through different exchanges and get the average value which seems to be the right.

but the main problem of these traders is that it is very difficult to be able to determine the position of a low price and it is very difficult to guess the price accurately, so many often occur trapped in expensive prices because it is very difficult to be able to determine the right position to buy coins.

Yeah I also experience that a lot, we often see falling prices are opportunities to buy, and in fact prices continue to fall after you buy it.
sometimes we find it hard to determine which price is the lowest, but it's our job to analyze it, keep learn!

ballerin and giroud

member

Activity: 868

Merit: 16

Quote from: Capt00 on March 12, 2019, 12:11:23 PM

Quote from: Daboy_Lyle on March 12, 2019, 08:27:12 AM

Quote from: bitcoin31 on March 11, 2019, 06:05:09 PM

We have differenr mind set in life. Not means you see the value decrease it is good to buy sometimes you need to wait more weeks because they have instances that the value decrease more. But at this moment I believe it is gpod and right price to buy bitcoin.

Exactly! It depends inhe trader/buyer if he/she will buy in the time of bull or bearish market. The important is we shared our learnings about buying in the right time.

It's not easy to learn when you buy and sell in bitcoin, because the market is too high volatile and we don't know what will happen next.
If I bought yesterday in bitcoin then I should wait and HODL until my profit was there. We could not conclude when it is the right time to buy. But once you've done investing wait until your profit was there, that is my of investing bitcoin.

Take a look at the movement bitcoin price in a few month back, have you look the volatile price? I guess not. Bitcoin just have stable price in $3700 to $3900 then I think you will not get a big loss if you bought bitcoin at $3700 price or even you will get profit if you have a patience and sell it at $3900. The right time to buy bitcoin is when you have predicted it and look at the price movement privously.

LUCKMCFLY

legendary

Activity: 2632

Merit: 1883

Leading Crypto Sports Betting & Casino Platform

I agree to buy now, since we are in a clear phase of accumulation (following Wyckoff's Philosophy).

Another smart way to buy is when the falls occur, we could usually consult the Short and Long chart (TradingView), when the Short is open, it is the right time to do it.

Since it is bought when Strong Hands do it, and so we have a better clarity of vision of the market, or how Jesse Livermore would say it, follow the trend line of least resistance.

2chase

hero member

Activity: 1082

Merit: 502

In order not to bother too much, trying to buy at the lowest possible price - it is better to do it right now, now there are very good market circumstances in order to invest in Bitcoin. The best will not be in my opinion. Buy right now and wait. This will be the right step for the investor.

acheampong64

full member

Activity: 588

Merit: 100

That's an awesome post you've got there. Anyways what we always are concerned about is how things get different at each time. For instance, things have changed now and fundamentals are now different so it'd be difficult to determine the absolute best time to invest.
As you said, we always should be careful now that the venture capitalists are in.

shesheboy

full member

Activity: 714

Merit: 114

Quote from: xvids on March 13, 2019, 08:19:39 AM

Don't wait for the best time because if you would always wait then what would happen to you besides no one knows when is the best or right time to enter,
What if you enter the price went down or what if the price is low and you waited for it to go lower then it started to go up then you just missed the chance.

You got a point meyt but all have thier own opinion , all have different goals , all have different mindset . like for example me myself is a patient person i can wait for a long time if ever the price of bitcoin fall and that is the time that i will buy because that is also the time that i can afford . while other guys cant wait and they have a cash to buy bitcoin at all times so why would they wait ? It also depend on the type of coins if ever you are an altcoin investor . some coins wont go down lower or wont go up higher

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: xvids on March 13, 2019, 08:19:39 AM

Don't wait for the best time because if you would always wait then what would happen to you besides no one knows when is the best or right time to enter,
What if you enter the price went down or what if the price is low and you waited for it to go lower then it started to go up then you just missed the chance.

It's always the best time, that's believers and well knowledgeable investors will say, if you have a full confidence that you understand how the market works and what the industry can bring to you, there's no time frame as timing can be done separately, if you are for long journey any position right now can bring big in the future, while if you are trying to do short then you need to observed longer.

It would be depends on how you will treat the market to favor your positions.

xvids

sr. member

Activity: 1176

Merit: 301

Don't wait for the best time because if you would always wait then what would happen to you besides no one knows when is the best or right time to enter,
What if you enter the price went down or what if the price is low and you waited for it to go lower then it started to go up then you just missed the chance.

Juggy777

hero member

Activity: 2646

Merit: 686

Quote from: bitcoin31 on March 11, 2019, 06:05:09 PM

We have differenr mind set in life. Not means you see the value decrease it is good to buy sometimes you need to wait more weeks because they have instances that the value decrease more. But at this moment I believe it is gpod and right price to buy bitcoin.

I’ll agree with you as each one has different criteria when it comes to buying bitcoins, and there’s no universal answer to this question. I follow a simple approach I always buy it everytime it starts to fall, then I simply hodl my coins for a long while. Also another approach of mine is to, buy bitcoins everytime it’s adoption rate is rising as higher adoption often leads to price hikes.

Capt00

full member

Activity: 938

Merit: 105

Quote from: Daboy_Lyle on March 12, 2019, 08:27:12 AM

Quote from: bitcoin31 on March 11, 2019, 06:05:09 PM

We have differenr mind set in life. Not means you see the value decrease it is good to buy sometimes you need to wait more weeks because they have instances that the value decrease more. But at this moment I believe it is gpod and right price to buy bitcoin.

Exactly! It depends inhe trader/buyer if he/she will buy in the time of bull or bearish market. The important is we shared our learnings about buying in the right time.

It's not easy to learn when you buy and sell in bitcoin, because the market is too high volatile and we don't know what will happen next.
If I bought yesterday in bitcoin then I should wait and HODL until my profit was there. We could not conclude when it is the right time to buy. But once you've done investing wait until your profit was there, that is my of investing bitcoin.

Daboy_Lyle

full member

Activity: 532

Merit: 148

Quote from: BuyBuyBitcoin on December 28, 2018, 03:32:54 PM

4. HODL

HODL is always present on trading (buying or selling). Buying bitcoin in the right time is when the price is low or under a bear-market. Right price is the falling of price and selling will be the bull run so that we can get bigger benefits/profits.

Quote from: bitcoin31 on March 11, 2019, 06:05:09 PM

We have differenr mind set in life. Not means you see the value decrease it is good to buy sometimes you need to wait more weeks because they have instances that the value decrease more. But at this moment I believe it is gpod and right price to buy bitcoin.

Exactly! It depends inhe trader/buyer if he/she will buy in the time of bull or bearish market. The important is we shared our learnings about buying in the right time.

Naida_BR

member

Activity: 980

Merit: 62

Quote from: goaldigger on March 11, 2019, 07:29:44 AM

This diagram really sums up everything. Dont be that stupid to buy on peak then regret ang curse cryptocurrency right after it goes back to bottom again. Remember that there are a lot time for the market's low value then a limitted time to its peak. If you are nkt lazy enough to peek on the charts then it would be easier for you.

It is easy to type some words rather than make it real and make it happen.
None wants to buy at the peak, don't you think that they are not so stupid to do it? They just expect the price to increase more and make a need peak upwards of the price they bought. It is very hard to make a trading decision when it is needed and easier to translate graphs at a later point of time.

freedomgo

legendary

Activity: 3318

Merit: 1185

Playbet.io - Crypto Casino and Sportsbook

Quote from: bitcoin31 on March 11, 2019, 06:05:09 PM

We have differenr mind set in life. Not means you see the value decrease it is good to buy sometimes you need to wait more weeks because they have instances that the value decrease more. But at this moment I believe it is gpod and right price to buy bitcoin.

Everyone would agree because the price is already cheap, you cannot ask for a lower price than the current as lately we have been seeing it tries to break resistance. Also, the bear is already long so I'm expecting anytime soon there will be a breakout of Bitcoin price, and this will also lead to altcoins big spike.

bitcoin31

hero member

Activity: 1834

Merit: 523

We have differenr mind set in life. Not means you see the value decrease it is good to buy sometimes you need to wait more weeks because they have instances that the value decrease more. But at this moment I believe it is gpod and right price to buy bitcoin.

goaldigger

sr. member

Activity: 2422

Merit: 357

This diagram really sums up everything. Dont be that stupid to buy on peak then regret ang curse cryptocurrency right after it goes back to bottom again. Remember that there are a lot time for the market's low value then a limitted time to its peak. If you are nkt lazy enough to peek on the charts then it would be easier for you.

Topic: How to BUY BITCOIN at the "right" price (Read 19798 times)