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Topic: I am planning to buy 1 BTC. Do I need to wait few more days for a price fall? - page 8. (Read 1203 times)

legendary
Activity: 3122
Merit: 1398
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I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?

Save yourself from being stressed on why you didn't invested on that "day". People that will told you "yes" or "no" will just give you a more confusion.

If you afford to buy bitcoin at the current price rate and you understand the risks the moment you buy then you are good to go. No one knows what will happened on few days later, few weeks later so on...so generally it will be based on your analysis and ability to face all associated risks.

Sometimes waiting for that "right time" wreck people's plan and strategy.
hero member
Activity: 611
Merit: 500
Now is a good time to buy BTC in general. There might be small drops but I think it wont drop lower than $9k.
sr. member
Activity: 1554
Merit: 334
If you are planning to buy 1 BTC waiting for a deeper fall in the price of the coin would be advisable since your are on the expense side. Thru this you will be able to earn higher profit once the coin have rises its value. However, I can’t tell how low you must wait before investing since it will alreade be based on your monitoring.
Definitely yes, however we don't know when the bitcoin will fall that deep because of the reason that it is unpredictable. It is true that you will gain a tremendous profit if you buy at low price and sell it high once it rise but the problem is it is tough to predict hence, as long as it is still low you should buy now now because we don't what is going to happen and even our countermeasure isn't enough.
sr. member
Activity: 406
Merit: 551
I am a banana.
By April chances are Bitcoin will be the #2 Cryptocurrency. When people figure out the lightning network works like a centralized exchange that has low security and no insurance, you may lose a lot. BTC died when Gavin left, maybe even when Satoshi left. Either way, it is ruled by greed and incompetence and is quickly becoming obsolete.

Are you sure that the Bitcoin will be crypto #2, I think it will never happen. When price of bitcoin goes down, other currencies follow, and their price is linked to the bitcoin price.

It's true that they move the way the tide moves with the moon. But if you examine the trend, Ethereum gained 10x more than  BTC last year. Ethereum has a development roadmap, a solid core team. Ethereum has secondary and third use cases, they donated 2 million to study blockchain efficiency and are responsible for about 55% of all crypto transactions. So even though Eth goes down with BTC, its gains on average are roughly 10X BTC. Eth is the true leader of the community and is under-valued.

Ethereum was hacked and hardforked once and then some idiot developer lost hundred of millions worth more in a multisig coding error, with some calling for a second hard fork to “fix” it. That’s some solid blockchain development and efficiency there. Is that $2 million they donated to prevent future fubars?

You are correct in that the Ethereum network is fantastic at facilitating untold numbers of CryptoKitties transactions. World’s most advanced smart contract platform for purchasing, wait, what? Glorified gifs?

Oh and the lead developer Vitalik defends pedophilia and child porn. And he’s buddy buddy with Putin. Totally legit personas there. Community leaders.

You can’t make this stuff up.

By the way, this is the Bitcoin forum. Alts have their own speculation forum. OP wasn’t asking for alt advice he was speculating on Bitcoin timing.
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
If you are planning to buy 1 BTC waiting for a deeper fall in the price of the coin would be advisable since your are on the expense side. Thru this you will be able to earn higher profit once the coin have rises its value. However, I can’t tell how low you must wait before investing since it will alreade be based on your monitoring.

The world is full of people, who are waiting for a dip. I have a friend who is already waiting years for a dump to 800$. Price was about 1000$ back then...
sr. member
Activity: 854
Merit: 257
If you are planning to buy 1 BTC waiting for a deeper fall in the price of the coin would be advisable since your are on the expense side. Thru this you will be able to earn higher profit once the coin have rises its value. However, I can’t tell how low you must wait before investing since it will alreade be based on your monitoring.
sr. member
Activity: 882
Merit: 251
I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?
I have observed that the price is fluctuating between 10700 dollars and 11500 dollars with this information i think buy when it hits anything below 11000 dollars because once it charges it will rise as high as 15000 or probably register an new all time high....to wait buy now.
This is hard sometimes to decides whether to buy at the right price or it will goes lower. For me, it is the best time to buy because we dont know yet if it is already in the dips. But, since you are in bitcoin market it is very volatile, so buy and save for long term.
hero member
Activity: 1246
Merit: 529
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I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?
I have observed that the price is fluctuating between 10700 dollars and 11500 dollars with this information i think buy when it hits anything below 11000 dollars because once it charges it will rise as high as 15000 or probably register an new all time high....to wait buy now.

Well there's not much of a difference between the two figures you've stated so basically, it would be best not to hesitate in buying if you're really sure you want to invest in btc. If you buy in, that means that you believe in bitcoin so it doesn't matter if it goes even lower since price will still go way up
full member
Activity: 581
Merit: 108
I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?
I have observed that the price is fluctuating between 10700 dollars and 11500 dollars with this information i think buy when it hits anything below 11000 dollars because once it charges it will rise as high as 15000 or probably register an new all time high....to wait buy now.
full member
Activity: 229
Merit: 134
Even if bitcoin continues to go down, it won't crash under $10k.

How could you be sure of it? if e.g. Satoshi decides to cash out because he wants to buy some ponies, one for every American, it could even go down to $1k.
hero member
Activity: 1526
Merit: 596
I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?

No. You can never be able to time your entry exactly right. When the price is in a particular category you should just buy without question. Don't try to wait and get a better price to buy, when the price is already quite favourable.

Right now one bitcoin is hanging around $10k-11k. This is obviously lower than the figures we saw last year, by a big margin.

Even if bitcoin continues to go down, it won't crash under $10k. So your room for profit if you decided to wait before buynig is really just less than 10%. But right now, bitcoin is initiating a new recovery that could go to way greater heights. You decide for yourself but i'd rather start accumulating now instead of later to avoid missing out on the low pricing.
hero member
Activity: 2604
Merit: 816
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I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?
Yes, I think it will go down a little bit more but you can already buy now if you really want before it is too late for you to buy. We all don't know when will bitcoin will grow again and when it will rise its price again. I think it is now a good buy today so maybe why not buy now and wait. Patient is the key to gain profit here in bitcoin.

maybe we need to calm down for a moment and waiting for the price first to see where it goes because from last night, the price shows a good line to increase and today, the green candle is shown too but it is not guaranteed for the price to still increase. there are always potential for bitcoin price to get down again and we could only wait and place an order buy but if you want to try to buy bitcoin right now, then you can make a little research to know where the price will go.
hero member
Activity: 1078
Merit: 501
I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?
Yes, I think it will go down a little bit more but you can already buy now if you really want before it is too late for you to buy. We all don't know when will bitcoin will grow again and when it will rise its price again. I think it is now a good buy today so maybe why not buy now and wait. Patient is the key to gain profit here in bitcoin.
hero member
Activity: 952
Merit: 500
I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?
What? Do you still need bitcoin price to fall more.Already bitcoin price is very low compared to its last month price. Also, South Korea has decided to levy heavy tax on cryptos instead of completely banning it.So definitely this would trigger bitcoin price more.So just buy it without any further delay.
newbie
Activity: 84
Merit: 0
11k is a good time to buy. So is 10k. So is 12k. Just cost average the price. Nobody can predict the exact bottom but you can at least get close. Either way even if you don't get the exact bottom price, you'll be getting pretty good gains once the next bull run starts.
hero member
Activity: 1274
Merit: 513
If you want to buy 1 bitcoin I suggest you can buy now or this is the right time to buy bitcoin.  As of mow the price is 11k dollars and for after next month it will become 20k dollars and before end of this year it will become $40k upto 50k dollars. But if you want to wait the price to decrease more it's your choice because they have chances also but for me the percentage the price decrease will be less percentage it will increase more the price for sure.  So better if you buy now, but if until now you are undecided you can make a research so you can see if it's good to buy right now you wait decrease more again.
member
Activity: 406
Merit: 19
I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?

For me, the price of bitcoin is now the best price to buy, buy it right now, that's what you have to do, what else are you waiting for ?..., be creative, and don't waste the opportunity..

In my opinion, don`t listen too much to predictions, because a prediction isn`t reliable accuracy, do in accordance with the reality that happened today.
full member
Activity: 280
Merit: 105
I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?

Nope, 11k seems like a really solid entry point to me, I would be fairly surprised if we see the price go below 10k again. Of course it can and there's a decent chance but I get the feeling the bottom is consolidated and it will be upward from here in a few days time.
sr. member
Activity: 2422
Merit: 357
The bitcoin's price is bloody low now, i think its the best time to buy. I dont think it can get any bit lower so its up to you if you still want to invest now and take the risk on this bloody well price of bitcoin. The drop is already at 40% and it is definitely a huge portion. But think of this very carefully because 1 bitcoin is still a very huge amount and is depressing to lose.
member
Activity: 258
Merit: 14
Everyone is waiting for the 8k drop to buy.  They'll probably be waiting for a little while.

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