Topic: How/Why to Buy Bitcoin in 2019 (Read 602 times)
The purpose of the Bitcoin system is simply to allow people to store and transfer money securely, for example to pay the seller of some goods. So, Bitcoin is a Banking and Payment system. According to multiple analyses on average daily bitcoin prices, Sunday and Monday are the best days to buy BTC.
Hi all,
thanks for great replies!
I see that all of you have agreed and shared positive reactions to the detailed report that we have shared about crypto markets.
I hope you have seen some benefit of it.
The report was shared to show people about how and why to buy Bitcoin in 2019.
As you already aware, the Bitcoin price pumped if you tried to invest during those times.
Anyway, let me know if you have any questions or feedbacks. We are currently in search of launching our brand new international crypto-crypto/crypto -fiat exchange which will be more user-centric.
Feel free to share your ideas.
Thanks in advance,
thanks for great replies!
I see that all of you have agreed and shared positive reactions to the detailed report that we have shared about crypto markets.
I hope you have seen some benefit of it.
The report was shared to show people about how and why to buy Bitcoin in 2019.
As you already aware, the Bitcoin price pumped if you tried to invest during those times.
Anyway, let me know if you have any questions or feedbacks. We are currently in search of launching our brand new international crypto-crypto/crypto -fiat exchange which will be more user-centric.
Feel free to share your ideas.
Thanks in advance,
I joined the crypto-sector because of the belief in this system. I believe that it makes sense and has a future. I have always traded on the basis of my feelings. If someone wants to invest, they will invest regardless of other views.
I have never taken the crypto as a golden mine, but rather with patience to come to profit. This market is very volatile, but it always depends on your decision.
I have never taken the crypto as a golden mine, but rather with patience to come to profit. This market is very volatile, but it always depends on your decision.
You should buy some Bitcoin/s this 2019 because people are expecting the bull run to start this 2019, a lot of people are saying that it will start by the end of January, though all of these are mere speculations but it is still a possibility so I'm going to buy and wait for the right time.
They are just speculation so if you want to invest just based on those prediction by the random people then you are risking too much.The prices of bitcoin keeps going down everyday then there is no sign of bull run anywhere so everyone have to keep their hope alive by only investing the affordable money. 
I think the major point that I have learned from the op post is lack of proper research before investing. He really hit the nail on the head and I think many of those that lose money in cryptocurrencies market are those that did not do proper research but jump into the market.
You should buy some Bitcoin/s this 2019 because people are expecting the bull run to start this 2019, a lot of people are saying that it will start by the end of January, though all of these are mere speculations but it is still a possibility so I'm going to buy and wait for the right time.
But how can you buy today when the price keeps going on a flatline? I mean there's no volume whatsoever, so those newbies are really afraid because they don't want to suffer more loss at this worsening market situations.
As a investors we really need to weight the pros/cons of entering the market today, you just don't throw out money there, you need to be wise if you wanted to stay long in this game. There might be positive news coming around, but unless we see Bakkt getting approved, I'm not seeing the market recovers or experience a good price bump in the next couple of months.
You should buy some Bitcoin/s this 2019 because people are expecting the bull run to start this 2019, a lot of people are saying that it will start by the end of January, though all of these are mere speculations but it is still a possibility so I'm going to buy and wait for the right time.
The only reason why we should buy bitcoin for this year 2019 is because BTCs price drops down to its limit and it will turn out great after. We are looking forward for the green market maybe in the middle of the year, but im sure it will happen this year. If you would buy now, you will sure be thankful after.
Hey Bitcoins prices rising shouldn't be the only factor you should be considering, you should buy because you believe in the technology too. Also I feel that there's a high level of sentiments in the crypto markets, that institutional investors shall be adopting into cryptos. I also feel the fud has disappeared from the market which shall pave the way for further growth in the crypto market.
The recent sharp drop in price is yet another reason why dollar cost averaging's so effective if you're trying to get into BTC. Divide the amount you're planning to invest into Bitcoin and invest a fraction every week or two weeks, etc, so you don't enter at one single price point and you're less affected by sharp price movements that we're having a lot of in this current market with the bart patterns all over the board. There's really not anything that beats DCAing in this sort of market.
Hi all,
As you all know, the 2018 was one of the best/worst years of Bitcoin and Altcoins. As a result of that, we have find out that there are hundred thousands of people who has lost a lot of their funds by trading. Therefore, we as a consultancy company prepared a detailed analysis based on the most common trading failures during the 2018. During this post you will find the summary of analysis that aim to give an idea about how to trade in the 2019 if you are still interested in trading for future. The purpose of sharing the analysis is to prevent the same mistake occurs.
Premise: We assume that you have been experiencing in a good way if you didn't invested all of your money at the ATH. The most important part is to prevent to have the same mistakes in the upcoming year/s.
These are several reasons for losing the money.
1) There is only 1% of taking profit from Pump Groups; You may only be successful in few times by attending the Pump Groups but you will lose most of your funds later on. (internal monolgue: I was almost rich, so I should have the risk few more times...)
Comments: I am sorry, but you can't. Pump is the regret.
2) FOMO is another regret.
Yep, you are right. Another crucial problem with trader is that they do never pay attention what percentage a coin has increased and they just tried to get in to get some profit. However, the people who bought quiet cheaper, start to sell and they dumped on new comers
And of course most of the traders do not pay attention about the possible reasons for the increase and they just buy as a result of FOMO. And in most cases they don't have ay information about the project. They buy, because some others did.
Result: Wait for month.
3) Investing in Shitcoins.
It doesn't mean that you are going to be rich if a project offer you ERC-20 or ERC-721 tokens or any other platform based tokens. More technical information is needed.
4) X number of investors.
Ok, it's obvious that most of the investors invest on any kind of projects by checking the numbers of investors and if there is a crowd they just send whatever they have. They started to share The project SikCoin has X number of investors, therefore these people can't be wrong and that's why they should invest in.
Result: Regret.
Because it's not difficult to fake the numbers.
5) ATH in not appropriate to buy an asset.
Some of the investors, decide to invest so by considering the last several days which an coin had an sigificant increase. Therefore, they believe that the coin is going to rocketing. Why? Because they have bought it.
Wrong. They will again dumped the coin that bought before couple of days from you to buy and of course cheaper.
Result: Regret and waiting for couple of months.
6) Lack of Research before investment
Most of the traders do not research before investment, they do resarch a bit after investing and try to figure out what's going to happen if there is any price dump on the market. If you don't make your own research appropriately, then most likely ou are going to lose your funds.
7) Lack of Vision.
If you are not well-informed about coin that you have invested, you're likely to sell before increase in price or sell after dump. We have seen people arguing as waiting for x100 to sell a scam coin. In this case there is no any way for trader to sell at x100, By waiting even the investor miss some chances of selling x2 at any time. MAKE A PLAN!
8 ) Following the FUD.
As a result of lack of research, investors are selling their coins after some manipulative news that can be called as FUD. Then, the investor figures out that it was FUD/manipulative news but it's a bit late; investors already sold out with quiet cheaper thatn few hours after dump.
9) Following Influencers and copying their investments/shared coins.
Of course, it is vital to follow significant influencers who are wised or well-informed. It helps, indeed. However, it doesn't mean that people should copy whatever has been shared to their portfolio in manner of seconds. In these kind of scenarios most of the people are going to lose their funds as a result of lack of research and experience.
10) Team's nationality/citizenship;
Do not invest in any project by only paying attention to the team' nationality or their citizenship of X country. Being a citizen of any country do not legitimize what will happen in close future about price and value of the coin/token.
These are mainly what I have realised and wanted to share with you all; and would like to hear if I have missed any significant other possible reson/experince, feel free to add more.
✨2019✨
As you all know, the 2018 was one of the best/worst years of Bitcoin and Altcoins. As a result of that, we have find out that there are hundred thousands of people who has lost a lot of their funds by trading. Therefore, we as a consultancy company prepared a detailed analysis based on the most common trading failures during the 2018. During this post you will find the summary of analysis that aim to give an idea about how to trade in the 2019 if you are still interested in trading for future. The purpose of sharing the analysis is to prevent the same mistake occurs.
Premise: We assume that you have been experiencing in a good way if you didn't invested all of your money at the ATH. The most important part is to prevent to have the same mistakes in the upcoming year/s.
These are several reasons for losing the money.
1) There is only 1% of taking profit from Pump Groups; You may only be successful in few times by attending the Pump Groups but you will lose most of your funds later on. (internal monolgue: I was almost rich, so I should have the risk few more times...)
Comments: I am sorry, but you can't. Pump is the regret.
2) FOMO is another regret.
Yep, you are right. Another crucial problem with trader is that they do never pay attention what percentage a coin has increased and they just tried to get in to get some profit. However, the people who bought quiet cheaper, start to sell and they dumped on new comers
And of course most of the traders do not pay attention about the possible reasons for the increase and they just buy as a result of FOMO. And in most cases they don't have ay information about the project. They buy, because some others did.
Result: Wait for month.
3) Investing in Shitcoins.
It doesn't mean that you are going to be rich if a project offer you ERC-20 or ERC-721 tokens or any other platform based tokens. More technical information is needed.
4) X number of investors.
Ok, it's obvious that most of the investors invest on any kind of projects by checking the numbers of investors and if there is a crowd they just send whatever they have. They started to share The project SikCoin has X number of investors, therefore these people can't be wrong and that's why they should invest in.
Result: Regret.
Because it's not difficult to fake the numbers.
5) ATH in not appropriate to buy an asset.
Some of the investors, decide to invest so by considering the last several days which an coin had an sigificant increase. Therefore, they believe that the coin is going to rocketing. Why? Because they have bought it.
Wrong. They will again dumped the coin that bought before couple of days from you to buy and of course cheaper.
Result: Regret and waiting for couple of months.
6) Lack of Research before investment
Most of the traders do not research before investment, they do resarch a bit after investing and try to figure out what's going to happen if there is any price dump on the market. If you don't make your own research appropriately, then most likely ou are going to lose your funds.
7) Lack of Vision.
If you are not well-informed about coin that you have invested, you're likely to sell before increase in price or sell after dump. We have seen people arguing as waiting for x100 to sell a scam coin. In this case there is no any way for trader to sell at x100, By waiting even the investor miss some chances of selling x2 at any time. MAKE A PLAN!
8 ) Following the FUD.
As a result of lack of research, investors are selling their coins after some manipulative news that can be called as FUD. Then, the investor figures out that it was FUD/manipulative news but it's a bit late; investors already sold out with quiet cheaper thatn few hours after dump.
9) Following Influencers and copying their investments/shared coins.
Of course, it is vital to follow significant influencers who are wised or well-informed. It helps, indeed. However, it doesn't mean that people should copy whatever has been shared to their portfolio in manner of seconds. In these kind of scenarios most of the people are going to lose their funds as a result of lack of research and experience.
10) Team's nationality/citizenship;
Do not invest in any project by only paying attention to the team' nationality or their citizenship of X country. Being a citizen of any country do not legitimize what will happen in close future about price and value of the coin/token.
These are mainly what I have realised and wanted to share with you all; and would like to hear if I have missed any significant other possible reson/experince, feel free to add more.
✨2019✨
Now the price of bitcoin is still dump, it seem your speculation was quite right. This is our advantage to buy more bitcoin, since its till in a low price and probably it might go high on this mid year or near end month of this year 2019.
Perhaps the right decision to buy this year bitcoin but still there is a risk of decline. I bought bitcoin during 2018 and now I will buy more only if the price falls as I do not want to be greedy. I have some bitcoins but am happy with what I have.
If yo only started buying in 2018 then I assume you dont have that much. I can only suggest you to buy as much as you can during 2019. With that you will reduce your average buy price and end up with more precious Bitcoins. In 2020 will be way harder get cheap Bitcoins. Not impossible, but way harder then in 2019.
Bitcoin price trends continue to decline from the beginning of 2018 until now and this is some people compare with 2014 events and if this is appropriate then 2019 bitcoin and crypto will provide a trend of increasing prices and this is good news for holders of bitcoin and crypto
If we want to see uptrend price of bitcoin and other cryptocurrencies we need to support it and end the bear market. Even the price of bitcoin will continue on declining there will be a time that it will start on inclining so we do not need to worry.
Perhaps the right decision to buy this year bitcoin but still there is a risk of decline. I bought bitcoin during 2018 and now I will buy more only if the price falls as I do not want to be greedy. I have some bitcoins but am happy with what I have.
I personally think that there will be a huge buying opportunity for long term investors that will last throughout Q1, or potentially even Q2 of 2019.
The market sentiment is yet to change to bullish, and i don't think that it's going to do that within the first quarter of the year. We are likely going to be seeing some sideways movement between the $3k-4k zone before any big vertical movements occur.
These are the two most crucial mistakes in my opinion in terms of speculating in 2018.
I know a ton of people who started panic dumping because prices dipped below $4k, when they should actually be doing dollar cost averaging to lower their average entry point for the long run. Also, there has been a ton of so called "experts" in mainstream media posting sensationalist analysis articles for bitcoin which have been completely false and unbacked (*cough* *cough* Tom Lee).
Don't follow the herd. I definitely think that when we're this deep in a bear market and the mainstream is screaming "sell" and "bitcoin is dead", long term investors should do the contrary.
The market sentiment is yet to change to bullish, and i don't think that it's going to do that within the first quarter of the year. We are likely going to be seeing some sideways movement between the $3k-4k zone before any big vertical movements occur.
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8 ) Following the FUD.
As a result of lack of research, investors are selling their coins after some manipulative news that can be called as FUD. Then, the investor figures out that it was FUD/manipulative news but it's a bit late; investors already sold out with quiet cheaper thatn few hours after dump.
9) Following Influencers and copying their investments/shared coins.
Of course, it is vital to follow significant influencers who are wised or well-informed. It helps, indeed. However, it doesn't mean that people should copy whatever has been shared to their portfolio in manner of seconds. In these kind of scenarios most of the people are going to lose their funds as a result of lack of research and experience.
As a result of lack of research, investors are selling their coins after some manipulative news that can be called as FUD. Then, the investor figures out that it was FUD/manipulative news but it's a bit late; investors already sold out with quiet cheaper thatn few hours after dump.
9) Following Influencers and copying their investments/shared coins.
Of course, it is vital to follow significant influencers who are wised or well-informed. It helps, indeed. However, it doesn't mean that people should copy whatever has been shared to their portfolio in manner of seconds. In these kind of scenarios most of the people are going to lose their funds as a result of lack of research and experience.
These are the two most crucial mistakes in my opinion in terms of speculating in 2018.
I know a ton of people who started panic dumping because prices dipped below $4k, when they should actually be doing dollar cost averaging to lower their average entry point for the long run. Also, there has been a ton of so called "experts" in mainstream media posting sensationalist analysis articles for bitcoin which have been completely false and unbacked (*cough* *cough* Tom Lee).
Don't follow the herd. I definitely think that when we're this deep in a bear market and the mainstream is screaming "sell" and "bitcoin is dead", long term investors should do the contrary.
In my opinion, Bitcoin will not show any price rise until the end of 2019. At the end of 2019, we can slowly see a rise and then we can say "moon".
may I ask you a question ? why would we say "month" at the end of the year? why not at the beginning or end of the year? does investor interest always increase at the end of the year? if you are a long term holder does it really matter when the price of bitcoin begins to grow? You're going to be holding anyway and whatever growth bitcoin experiments is the same growth that you will get, so in my opinion it is better to concentrate ourselves on how to keep holding our coins than to predict accurately when the recovery will happen.
People here have turned being a hodler into a meme sort of thing. Everyone can hodl through an increase when prices keep going up, everyone is an expert when prices keep going up, but once the market is done pumping, it's over for the far majority of the people.
People don't know what it is to buy something based on fundamentals. The only reason they buy crypto is because it's either going up, or they believe it will do so, but have not one single clue about what that increase might be based on. We are dealing with gamblers here, and it will only get worse as more of these find their way to the crypto market.
The very fact that some shitcoins are worth billions in market cap is an indication of how stupid the general "investor" or "hodler" here is.
A lot of people do not know why they are buying, except for the fact that they believe the market will end up increasing in the long run. Sure, it is not a bad idea of a thought to have, but at the same time, that is one reason that has set up so many people into making the wrong decisions with their investments over the years. The market is opened to a lot of people anyway which includes the inexperienced investors, so it is a normal thing to get to see things like this.
The only reason why we should buy bitcoin for this year 2019 is because BTCs price drops down to its limit and it will turn out great after. We are looking forward for the green market maybe in the middle of the year, but im sure it will happen this year. If you would buy now, you will sure be thankful after.
Hey Bitcoins prices rising shouldn't be the only factor you should be considering, you should buy because you believe in the technology too. Also I feel that there's a high level of sentiments in the crypto markets, that institutional investors shall be adopting into cryptos. I also feel the fud has disappeared from the market which shall pave the way for further growth in the crypto market.
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2019 will be the great year for Bitcoin as crypto users are already waited long enough for this bearish market to end therefore don't wait for more dip to come as the crypto users are already used to this current price as the cheapest value ever to buy Bitcoin for the next year.
All of us are expecting for great year for bitcoin and 2019 might be the one of the great year but we do not know if the price will really go up. Why you need to buy bitcoin in this year 2019, so simple because the price will have possibility to increase in the last quarter so you should buy now before the price goes up.Be patient for a while as all of us still waiting for the bull run. It will happen soon or later, and all we have to do is sit down, watch the price, make a buy and sell order if needed, hold it until it increases. I think we don't have any reason why we should buy bitcoin right now if we want to make a profit from bitcoin. Some people already have the bitcoin in their wallet, and they still want to buy more because now, the price is at the low price and they can buy a lot of bitcoin if they want.
2019 will be the great year for Bitcoin as crypto users are already waited long enough for this bearish market to end therefore don't wait for more dip to come as the crypto users are already used to this current price as the cheapest value ever to buy Bitcoin for the next year.
All of us are expecting for great year for bitcoin and 2019 might be the one of the great year but we do not know if the price will really go up. Why you need to buy bitcoin in this year 2019, so simple because the price will have possibility to increase in the last quarter so you should buy now before the price goes up. 
I think for people who bought and accumulated like OP it wouldn't be insane to not buy bitcoin anymore. However, it all kind of depends on your purchasing average. If you have an average lower than 5 thousand dollars than you can just stop and wait for it to go up (you can still buy more to drop the averages lower and make more profit later on) however if your average is anything over 5 thousand dollars and you have enough money to reinvest, I would still suggest buying more with each paycheck. Nothing huge but keeping a 5% part of your paycheck for buying more bitcoins wouldn't be crazy.
It all depends on your averages, I would suggest everyone to keep buying anything under 4 thousand but as the price starts to go up (hopefully) you can once again stop buying and if the price goes above your average buying price than you should definitely stop buying.
It all depends on your averages, I would suggest everyone to keep buying anything under 4 thousand but as the price starts to go up (hopefully) you can once again stop buying and if the price goes above your average buying price than you should definitely stop buying.
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