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Topic: I want to invest in BTC should i do it now or wait til after August 1st? - page 2. (Read 4580 times)

legendary
Activity: 1232
Merit: 1029
I think its not a good idea if you are waiting what will be the result in august 1 since we do not know what exactly will happen after this month but always buying bitcoin is a good idea so better to buy now before the event done because anytime the price can be boost or the price can be drop but expect that the price can be increase more if you can hold it for a long time you can gain profit like other said you should be patience in order to earn profits..

Yes if he wants to invest then he can invest in it right now as price is good to make an investment and if segwit gets activated then it can pump the price of bitcoins and at that time it will be very hard to buy bitcoins at higher price so investing in bitcoins now is the best thing to do.

Of course, if you are really for a long term investment in bitcoin. buying anytime is the best bet for you. Although some is waiting for the price to drop before getting, I think if you do this you may missed a big opportunity to gain profit. And regarding the Aug 1 date, we still don't know what's gonna happen, but I speculate that the price will go higher. So don't missed the opportunity, grab some bitcoin now and stash it out for long term.
Indeed, it would be highly sagacious to buy bitcoins at present. Bitcoins are increasing in their value. Though there was a great fall in the prices but that’s the part of game. Trading involves risk taking. As far as crypto market is concerned, we can’t make any firm prediction. All depends on the circumstances that market is going through.

Values keep on fluctuating but prudency is to hold on to your coins as long as possible. The longer you hold, the bigger is the reward. Probably, the prices will increase after August as well, so there is no harm in buying bitcoins now and stashing them away.
sr. member
Activity: 686
Merit: 250
It is not certain that BTC will drop after august 1st. But there is a good/high probability that it does. So if you can afford to wait, wait. Take the time until then to figure out a price to get in and don't get to greedy.
legendary
Activity: 3080
Merit: 1353
I think its not a good idea if you are waiting what will be the result in august 1 since we do not know what exactly will happen after this month but always buying bitcoin is a good idea so better to buy now before the event done because anytime the price can be boost or the price can be drop but expect that the price can be increase more if you can hold it for a long time you can gain profit like other said you should be patience in order to earn profits..

Yes if he wants to invest then he can invest in it right now as price is good to make an investment and if segwit gets activated then it can pump the price of bitcoins and at that time it will be very hard to buy bitcoins at higher price so investing in bitcoins now is the best thing to do.

Of course, if you are really for a long term investment in bitcoin. buying anytime is the best bet for you. Although some is waiting for the price to drop before getting, I think if you do this you may missed a big opportunity to gain profit. And regarding the Aug 1 date, we still don't know what's gonna happen, but I speculate that the price will go higher. So don't missed the opportunity, grab some bitcoin now and stash it out for long term.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
I think its not a good idea if you are waiting what will be the result in august 1 since we do not know what exactly will happen after this month but always buying bitcoin is a good idea so better to buy now before the event done because anytime the price can be boost or the price can be drop but expect that the price can be increase more if you can hold it for a long time you can gain profit like other said you should be patience in order to earn profits..

Yes if he wants to invest then he can invest in it right now as price is good to make an investment and if segwit gets activated then it can pump the price of bitcoins and at that time it will be very hard to buy bitcoins at higher price so investing in bitcoins now is the best thing to do.

I eould have to agree with both of you there dude. If you wait longer, there's a chance you're going to miss out on the opportunity of earning in the near future. Btc's price has been quite stable at it's current rate for more than a month or two and would've given people opportunity to buy at that rate. There are a lot of speculations about btc price skyrocketing in a month so why wait?
sr. member
Activity: 336
Merit: 250
I think its not a good idea if you are waiting what will be the result in august 1 since we do not know what exactly will happen after this month but always buying bitcoin is a good idea so better to buy now before the event done because anytime the price can be boost or the price can be drop but expect that the price can be increase more if you can hold it for a long time you can gain profit like other said you should be patience in order to earn profits..

Yes if he wants to invest then he can invest in it right now as price is good to make an investment and if segwit gets activated then it can pump the price of bitcoins and at that time it will be very hard to buy bitcoins at higher price so investing in bitcoins now is the best thing to do.
legendary
Activity: 3374
Merit: 3095
BTC price road to $80k
I think its not a good idea if you are waiting what will be the result in august 1 since we do not know what exactly will happen after this month but always buying bitcoin is a good idea so better to buy now before the event done because anytime the price can be boost or the price can be drop but expect that the price can be increase more if you can hold it for a long time you can gain profit like other said you should be patience in order to earn profits..
legendary
Activity: 1232
Merit: 1091
Bitcoin price is expensive now if you want to invest. Actually in this kind of investment it is risks because bitcoin price is volatile it may dump to what we didnt expect

You are missing a very important point here -- as long as you aren't selling your coins, you won't lose anything. So if you plan to take a long term position into Bitcoin, short term fluctuations shouldn't be any sort of concern to you. Fluctuations only matter to those that are trading, and that's basically it. People for once should stop looking at how short term fluctuations affect the market. The only thing that counts is the long term price....
sr. member
Activity: 1232
Merit: 250
You can continue acquiring Bitcoins if you want, but in my opinion it would be safe to have your private keys with yourself.
Now if you are thinking about price drop, it may happen or may not. Its better to buy some now and if it falls after August, just buy some more.

Whatever you do, BTC won't let you down, the fall will be temporary, but it will rise again.
sr. member
Activity: 882
Merit: 251
Price of the bitcoin has already dropped a lot more than it could have been imagined. I think this is the right time you buy as much as you can afford. The august is still far away and you don’t have any idea what will happen int he mean time. Better get bits now, as it will be still profitable even though price drop because later it will go up for sure.

Bitcoin price is expensive now if you want to invest. Actually in this kind of investment it is risks because bitcoin price is volatile it may dump to what we didnt expect or it will pump high of the current price now. But one thing is for sure, lets invest on what we can afford to buy. I must say think before you invest, then buy if you can afford and hold bitcoin for the future.
jr. member
Activity: 59
Merit: 10
Never invest more than you are willing or able to lose, Bitcoin is a very risky investment and you should keep in that in mind at all times. After buying Bitcoins make sure to move them into your own personal wallet and never leave them at the exchange. My personal recommendation is to use a hardware wallet to store your Bitcoins. If you can’t afford a hardware wallet, try a paper wallet. Make sure to buy Bitcoins only from exchanges that have proven their reputation. Buy Bitcoins through Dollar cost averaging, this means that you don’t buy all of your Bitcoins in one trade but instead buy a fixed amount every month, week or even day throughout the year. These are my personal idea.
full member
Activity: 238
Merit: 100
I need advice i want to invest in BTC i have about 15k should i do it now? or should i wait til after August 1st just incase the price drops?

Please help me.

Thank you,
Brendon



I think you should wait. There will be a huge event on that day and will affect bitcoin depending on the outcome. If you are waiting for the dip to have the buy oppotunity then better wach what will happen.
sr. member
Activity: 700
Merit: 300
Price of the bitcoin has already dropped a lot more than it could have been imagined. I think this is the right time you buy as much as you can afford. The august is still far away and you don’t have any idea what will happen int he mean time. Better get bits now, as it will be still profitable even though price drop because later it will go up for sure.
sr. member
Activity: 700
Merit: 300
Price of the bitcoin has already dropped a lot more than it could have been imagined. I think this is the right time you buy as much as you can afford. The august is still far away and you don’t have any idea what will happen int he mean time. Better get bits now, as it will be still profitable even though price drop because later it will go up for sure.
newbie
Activity: 13
Merit: 0
I think that the upgrade will not affect the price to go down. I think that bitcoin will go up and up. Maybe sometimes will have small downs, but after all i think that price will rise
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
If you can patience more, I think best safe point is 31 August. Because in begin August not end trend bearish on market, the summer still alive and need after summer, maybe the market can reverse from bearish to bullish. It just my opinion, be careful your decided

yes i am suggesting to waiting until august then we can buy bitcoin because i think for now, many people is holding their bitcoin and altcoin and want to see the new price or for the up and down of the bitcoin price. but whatever your decision, i think you should be careful if you still want to buy right now and make sure you can buy in bottom price.
member
Activity: 103
Merit: 10
If you can patience more, I think best safe point is 31 August. Because in begin August not end trend bearish on market, the summer still alive and need after summer, maybe the market can reverse from bearish to bullish. It just my opinion, be careful your decided
legendary
Activity: 1596
Merit: 1011
I need advice i want to invest in BTC i have about 15k should i do it now? or should i wait til after August 1st just incase the price drops?

Please help me.

Thank you,
Brendon
Yes you better wait a while until we can see what happened on the 1st of August.
15K USD is a huge amount and I do not think you want to regret spending 15K USD and get unsatisfactory results later.
full member
Activity: 424
Merit: 108
I need advice i want to invest in BTC i have about 15k should i do it now? or should i wait til after August 1st just incase the price drops?

Please help me.

Thank you,
Brendon
It depends on you. But in my opinion, it's better to hold for years specialy there is a segwit activation that can make bitcoin to flactuate. We are looking forward for this project and hope that it succeed.
hero member
Activity: 798
Merit: 500
I need advice i want to invest in BTC i have about 15k should i do it now? or should i wait til after August 1st just incase the price drops?

Please help me.

Thank you,
Brendon

No one knows what will happen so finding a accurate answer here is not possilble.

There are only two scenarios that will happen to bitcoin price, to increase or to decrease. Now what if it's will decrease? You will lose some but can still sell those left. What if it's increase then your buying pays off. Risk some money mate to know what will be the result. Here's how to make money if only doing the buy low/sell high system.

I guess people will have panic selling on August 1 so the price will get lower. So better wait until august one but there is no assurance with that now. Smiley But if you can buy now better buy then sell it on August 1 because the price will get higher.  All in all, there are more chances of high price than the low price so better not sale.
hero member
Activity: 1834
Merit: 523
For sure we dont know what will happen in august 1 so many people as of now is undecided if they buy bitcoin or not . Because of that the price will stock and I hope it will move back again and for sure many investor will invest again in bitcoin after august 1 but if you want to invest now invest because possible the price of bitcoin reach 3500 dollars before end of july.
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