Is $4000 the perfect time to buy - page 10.

Herschy

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Quote from: alyssa85 on August 21, 2017, 04:56:19 AM

According to teh analysis on the following article, bitcoin might test the $3500 support line:

https://www.fxstreet.com/analysis/bitcoin-analysis-bearish-reversal-confirmed-eyes-3500-201708210640

There are three supports, $3938, $3800 and $3454.

Obviously, do your own research etc etc

I think at any price you need to buy. Because now the whole world is buying bitcoin. The price will rise.
Everyone again wants to receive a new bitcoin coin in November.

1Referee

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Quote from: faithupgrade on August 21, 2017, 02:19:37 AM

What theres a fork? I thought the Segwit thing is done. Why do we need a hardfork?

Segwit2x requires a hard fork to take place roughly three months after activation. In other words, aside from whatever will really happen at that point, the 2MB hard fork is supposed to kick in somewhere in mid November (give or take a few days). It's something the majority of the miners have agreed on, but the Core side doesn't see much value in it. It will wake up another round of uncertainties and drama, like we have been experiencing in the runup to the 1st of August. In that regard, we should be having a bit more patience to see this annoying scaling 'war' come to an end. Nowadays the main focus isn't Bitcoin anymore, but the greed of the individual characters in this industry.

alyssa85

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According to teh analysis on the following article, bitcoin might test the $3500 support line:

https://www.fxstreet.com/analysis/bitcoin-analysis-bearish-reversal-confirmed-eyes-3500-201708210640

There are three supports, $3938, $3800 and $3454.

Obviously, do your own research etc etc

CristiTCM

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Activity: 141

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Quote from: Fantum on August 21, 2017, 12:31:00 AM

Considering just buying a few bitcoin around $4000. What are your opinions? Should I wait until it drops in September? Will it drop in October because of the hard fork, or will it go up because everyone wants to get their share of the fork coin? Will whales push the price down in September so they can accumulate it cheaper?

I think you should buy now! i also bought when the price was 3200$. just like you was waiting for the price to fall but instead the price kept rising. So i bought before the SW lock in. Even if the price will drop a little the overall tendency is growing Wink

leonair

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It seems like you almost also answer your questions, any legit news from Bitcoin developers that will happen along this Scaling will surely affect its price of course but everything can also happens during this changes as Bitcoin Cash is showing off in the market. We can't really do nothing but to wait what will happen in the price of Bitcoin, but if you may ask my opinion about this you must better buy in now because this will gonna be a make it or break it last quarter part of the year for Bitcoin, if it goes down(I hope not so deep) then hold your coins till it bounce back again, if it goes up then good for all of us. Keep in mind, just invest what you afford to lose.

rhomzkie26

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Quote from: Fantum on August 21, 2017, 12:31:00 AM

Considering just buying a few bitcoin around $4000. What are your opinions? Should I wait until it drops in September? Will it drop in October because of the hard fork, or will it go up because everyone wants to get their share of the fork coin? Will whales push the price down in September so they can accumulate it cheaper?

It's up to you, if you want to buy bitcoin in that price value. Actually, if you are gonna think of it according to the bitcoin experts their projection before and of this year, bitcoin could reach 10, 000$ which means compare it to 4000$ now it is still time to buy bitcoin then save and hold it in a long term.

BingoDog

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Maybe it's not quite perfect time but having in mind that is expected for bitcoin price to pump more, go for it. In some due time you will have the profit, that is sure. And I don't quite understand some claims here that are saying that bitcoin will drop back to 3000$ or even below. I would like to know on what information are these predictions based on?

Sithara007

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Quote from: 25hashcoin on August 21, 2017, 02:20:08 AM

No. Buy Bitcoin Cash.

At BTC0.07 per coin, Bitcoin Cash was a perfect buy. A lot of people who bought BCH at those rates are now sitting on top of almost 150% profits. But the current rates (around BTC0.18 per coin), offer little scope for any further appreciation, at least in the short-term.

Dart18

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Too many questions and there is no accurate answer for that.
You will see most comments to be a yes. But why?
Remember what happened after BCH? Most holders thought it will go down and yet where are we now.
Again a fork or not, risk it if you can. Courage is all you need. Trust your instinct.

camelson

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Quote from: Fantum on August 21, 2017, 12:31:00 AM

Considering just buying a few bitcoin around $4000. What are your opinions? Should I wait until it drops in September? Will it drop in October because of the hard fork, or will it go up because everyone wants to get their share of the fork coin? Will whales push the price down in September so they can accumulate it cheaper?

Well as a matter of fact no one will precisely predict the price of bitcoin and its trend in future. Buying bitcoin around $4000 is not a good idea. Wait for some time and may the price decreases in the range of $3000-$3500.

25hashcoin

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No. Buy Bitcoin Cash.

faithupgrade

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What theres a fork? I thought the Segwit thing is done. Why do we need a hardfork?

Caladonian

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if you want to do some short better to play safe and place an entry between 3900-4k as if the price go down you can get some out from it and for sure
afterwards the value will rise back up again fork is approaching once more and more and more speculation to shake the market but be wise and observe
before taking the risk.

deadsilent

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It's hard to predict what will happen next. But it still a good price to buy though. If bitcoin cash pumps. Pretty sure the bitcoin will drop as the volume of bitcoin users are switching to bitcoin cash. Anyway, buy at it's current price is good since we know the potential of bitcoin. Bitcoin just reach $4700 recently. We will see more of it in the near future. $5000 is possible. Or maybe wait for it to drop a bit.

Pursuer

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Where is my ring of blades...

yes it is the perfect time to buy bitcoin because it is not yet $500,000 so you can afford to buy one $500,000 bitcoin for the price of $4000.

Quote from: Fantum on August 21, 2017, 12:31:00 AM

Should I wait until it drops in September? Will it drop in October because of the hard fork, or will it go up because everyone wants to get their share of the fork coin? Will whales push the price down in September so they can accumulate it cheaper?

after September is October, then November, then December then January 2018, February,.... and each month there will be another thing going on. it is fork now, then it is ETF, then it is someone FUDing then it is China again, then it is another country, then it is another bullshit we don't know yet, and so on.
if you want to wait for each of these you will end up waiting for eternity.

Bitforking

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see todays chart, eth up, both bitcoins going down, it seems an friendly firing happening within bitcoins, ans who knows what will happen after another fork. Huh

3x2

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Placed buy orders@ 3800$ , i have a strong feeling that btc will dump a bit now, i have been seeing a lot of predictions on tradingview, who knows i can grab some btc at this price.

frowsiter

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Quote from: Fantum on August 21, 2017, 12:31:00 AM

Considering just buying a few bitcoin around $4000. What are your opinions? Should I wait until it drops in September? Will it drop in October because of the hard fork, or will it go up because everyone wants to get their share of the fork coin? Will whales push the price down in September so they can accumulate it cheaper?

Im sure price is going to explode after the soft fork that is going to happen soon. With last fork experience we have seen brighter side of the bitcoin and next fork is not exception. I would advice you to the money without any fear but i would also suggest you wait for little more and take the chance if the price drop due to panick selling. Same case happened last time when fork was announced everyone started moving their btc to other coins or fiat conversion. This was the top most reason why btc dumped itself and value got all upto 1800 USD. Then there was pumping again when everything came back normal.

This will repeat again for the next for. So incesting now will also be profitable but investing during fork would be far better than this. However uncertainty always follow in the crypto world.

digaran

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You said it yourself, whales pushing the price down to buy cheaper coins, if you really believe in Bitcoin then no matter what the price is, you should always be willing to invest and risk your money because it has proven to worth taking such risks due to great rewards. I just don't want to see you regret your decision of hesitating and not buying when you had the chance. when you buy Bitcoin you should never sell until the price is high enough that not selling actually hurts you financially.

shine1123

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Quote from: Fantum on August 21, 2017, 12:31:00 AM

Considering just buying a few bitcoin around $4000. What are your opinions? Should I wait until it drops in September? Will it drop in October because of the hard fork, or will it go up because everyone wants to get their share of the fork coin? Will whales push the price down in September so they can accumulate it cheaper?

In my opinion yes, it's a perfect time buy bitcoin right now. The price of bitcoin already going down since the last 2 days and i think it's time for bitcoin to go up again. I'm not 100% sure about that but if i were you, i will buy bitcoin half of my money and keep it for the rest because it's still not stable right now.

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