Is $52,000 BTC worth buying now? | Bitcointalksearch.org

tabas

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Quote from: Fredomago on September 07, 2021, 02:08:39 PM

Quote from: tabas on September 07, 2021, 09:44:13 AM

Quote from: Phanditha Echevarria on September 07, 2021, 12:53:27 AM

BTC may fall back again.There are repeated BTC, and you will never miss the "opportunity to get on the bus",pls wait.

It's now $50k.
What do you mean by repeated btc? repeated btc price fall? if that's so, yes, there will always be that time to see bitcoin drops on its price. And those are the times of opportunity of buying.

Yes, if Op did managed to wait it's much better now to start his investment, currently the price falls ranging $47K, good enough to collect his Bitcoin and if getting it right repeated BTC means cycles that gives him such opportunities to buy with low price then sell it once the market start to pump back.

Don't have any idea but the market dumped down giving 10% discount for those who wanted to start investing. Though there's no assurance that this dump is over, the chance to see more still possible as panic really may affect those weak holders.

And now it dropped literally, the lowest was $43k-$44k but that's fine as it's currently on $46k and I even saw it on $47k. So I think that it will be back at the top.
For those who are asking if it's worth buying, well, it's now your turn guys.

adzino

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It already crashed. So if you have bought at $52,000 USD, then keep holding! Don't panic and sell all your coins. If you can, buy more now and add it to your current portfolio to maximize your profit. If you haven't bought any, then buy as much as you can. Now is the perfect time. Consider the crash as a "discount". Get it cheaper, keep holding and enjoy your profit in the future. There is no "perfect" moment to buy bitcoin. If you wait for the dip, you will keep on waiting forever.

wheelz1200

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Quote from: Phanditha Echevarria on September 07, 2021, 12:53:27 AM

BTC may fall back again.There are repeated BTC, and you will never miss the "opportunity to get on the bus",pls wait.

No need to wait. Can you maybe catch a drop in price yeah. But over the years more people had huge opportunity loses by waiting out the market. Stop looking at charts and when you have the funds to put in do it and don't look back. It's always turned out well doing that.

reza7777

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The current price decline is quite large and I see no sign of going up because surely many people are panicking to sell so if you want to buy then I suggest to be a little more patient

Rakeshten

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Today it came at 43$. It was a great opportunity for buying Bitcoins and Altcoins. I hope many have taken entries in this dip. I also have taken entry in ADA in this dip. Soon we will see it recover. Don't panic sell your coins keep patience your loss will be recoverd.

MaiQwaN

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Today Bitcoin rallied to $ 52.8k and fell to $ 45.3k. We need to try to catch such moments to increase our deposit. Especially if you believe that Bitcoin will ever surpass the $100k level. Plus, considering that the government of El Salvador bought an additional 150 bitcoins during today's collapse.

Cadaver20

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The price of Btc is now $47k. I don't think it would be right to buy Bitcoin at such a high price. Because the purpose of your investment is to make a profit. Bitcoin has already drop from $52k to $47k. If you want to invest, wait, the opportunity will come for you.

Fredomago

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Quote from: tabas on September 07, 2021, 09:44:13 AM

Quote from: Phanditha Echevarria on September 07, 2021, 12:53:27 AM

BTC may fall back again.There are repeated BTC, and you will never miss the "opportunity to get on the bus",pls wait.

It's now $50k.
What do you mean by repeated btc? repeated btc price fall? if that's so, yes, there will always be that time to see bitcoin drops on its price. And those are the times of opportunity of buying.

Yes, if Op did managed to wait it's much better now to start his investment, currently the price falls ranging $47K, good enough to collect his Bitcoin and if getting it right repeated BTC means cycles that gives him such opportunities to buy with low price then sell it once the market start to pump back.

Don't have any idea but the market dumped down giving 10% discount for those who wanted to start investing. Though there's no assurance that this dump is over, the chance to see more still possible as panic really may affect those weak holders.

pealr12

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I wonder what happened that the entire market crashed so suddenly today, @op hope you are yet to make your btc purchase, thr seem to be in correction and it will be wise if you would hold on and watch how low it will dip before entry, btc is $47k and there is a huge possibility it might go lower, better to wait and monitor the market before making any move.

tabas

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Quote from: Phanditha Echevarria on September 07, 2021, 12:53:27 AM

BTC may fall back again.There are repeated BTC, and you will never miss the "opportunity to get on the bus",pls wait.

It's now $50k.
What do you mean by repeated btc? repeated btc price fall? if that's so, yes, there will always be that time to see bitcoin drops on its price. And those are the times of opportunity of buying.

Doell

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depending on how apply your bitcoin if want to buy , whether to save hodl and sell later or use for transactions
I think still worth it ,we know that in general bitcoin does have a much higher price than alt coin because is legend even now the price seems to be maintained and when you sent the post and it was corrected now is 50,577 ,fact many ppl still use bitcoin for transaction etc IMO so in future on price will probably be maintained as best as possible by all ppl to make a decent profit ,I hope my answer reminds you that bitcoin is still worth

Woodie

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52000 dollars might be the current high but the fact still remains, the potential of the bitcoin price to go higher still remains high as the general usage of this technology keeps growing which is directly related with bringing demand into the equation.
And afaik in the next few years if more people get on board we should see a spike in price which should be over $100k to $500k as forecasts have shown by several analysts because of favorable regulation around crypto.

btc_angela

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Quote from: GatotKaca on September 07, 2021, 07:35:47 AM

If your considerations are for the long term, I must say it's never too late to own bitcoin.

Exactly, invest today, and wait for the price to hit at least $100k, double your profit already. But it might take some time though, but I guess bitcoin is a safe asset as compare to alt coin. Yes, you can get huge profit, but the pump and dump and the volatility involved.

Quote from: GatotKaca on September 07, 2021, 07:35:47 AM

but if you only think for a short profit for you to get, believe me, the situation of the fast movement of bitcoin can freeze all your money.

It doesn't make sense to short bitcoin right now as we are in a bull run. You will just get rekt if you go against the flow.

tvplus006

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Quote from: Phanditha Echevarria on September 07, 2021, 12:53:27 AM

BTC may fall back again.There are repeated BTC, and you will never miss the "opportunity to get on the bus",pls wait.

Yes, indeed, you do not need to buy coins at high, you should wait for the correction. This applies not only to the purchase of BTC, but also to all other altcoins. And now the market provides us with such an opportunity to buy coins at a reduced price. At the moment, the price of BTC is 51 thousand dollars and it is possible that the price will be further reduced.

GatotKaca

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If your considerations are for the long term, I must say it's never too late to own bitcoin.
but if you only think for a short profit for you to get, believe me, the situation of the fast movement of bitcoin can freeze all your money.

trauchot

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Bitcoin will grow in price constantly, of course there will be a correction and then the price of Bitcoin will fall, but in the future the price of Bitcoin will be worth 100k$ and even more, but it is just not known when it will be, perhaps when the next Bitcoin halving will take place, so if to buy bitcoin now for 52k$, then this is already for a long term, since it is not yet known when the big Bitcoin pump will be, but if you now want to invest in Bitcoin for a short time, then it is better not to do this now, since correction may begin in any time.

cryp24x

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Quote from: Phanditha Echevarria on September 07, 2021, 12:53:27 AM

BTC may fall back again.There are repeated BTC, and you will never miss the "opportunity to get on the bus",pls wait.

Well, the cycle of market of trading in Bitcoin is not changing its volatility dude. Now, if you know Bitcoin will go to 100k$ this year before or after of course in my mindset your gonna hold Bitcoin in the long term. But if you believe the price will go down and up everday, well you can apply day trade for this matter anyway something like that.

Yaunfitda

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Quote from: Phanditha Echevarria on September 07, 2021, 12:53:27 AM

BTC may fall back again.There are repeated BTC, and you will never miss the "opportunity to get on the bus",pls wait.

No one knows if we will see a pullback or not, however, we are in a bull run, so probably there's no major dump incoming that will pull the price down to let's say $30k-$40k.

So if they are worth buying? Obviously, the price is too expensive for average joe like us. But maybe the best way is to continue stacking sats whenever you can. It doesn't mean that you will force yourself to buy 1 BTC right away. No, just a small portion will do, in my opinion.

fileo

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We can predict Bitcoin to hit $60K this week but we aren't sure enough what things will happen next due to unstable movement. For me, today still good to buy Bitcoin and hold until $80K to $100k if possible. I also have $105 worth of Bitcoin planning to sell it if Btc is $90K. I'm waiting to break the ATH of Btc to have new ATH.

aylabadia05

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There are two possibilities in my opinion when looking at Bitcoin today. The first possibility is if we buy Bitcoin at this time when the price conditions are rising, then the opportunity to go up again is still there. Moreover, if the country of El Salvador is successful in managing the BTC they have legalized, other countries will follow suit.

This second possibility is not a good time to buy when prices are already high from a few months ago. If we buy at a price of $52K (now it's down 1.12%) then the loss ratio is greater when it returns to the price of $50K.

Your decision is up to you.

ancafe

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now the price is back down and is below $52k. correction has occurred again, but it looks like the current bitcoin price will remain in the range of $50k.
however, for the decision to buy or not, it seems it's still worth it. we know that at this time the recovery is happening little by little. a lot of information that could push the bitcoin price higher later this year. however, I also feel that the new ATH will also be achieved. it's just that, I agree with the statement that don't put everything in 1 basket, or go all in for bitcoin as it is still quite risky. we know that the current level of the bitcoin price correction is still quite large. although we suspect that the current bitcoin price will continue to hold in the $50k range, there is still a possibility that the price could fall further. DYOR and DWYOR.

Jackl87

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Quote from: Phanditha Echevarria on September 07, 2021, 12:53:27 AM

BTC may fall back again.There are repeated BTC, and you will never miss the "opportunity to get on the bus",pls wait.

You have to decide for yourself if a price of 52k per BTC is still a good place to enter. My personal opinion is that i will not buy BTC at that price levels because i just don't see BTC doing another x10 or more from this point on in the next few years. I think that other projects still have that potential. On the other hand if you buy BTC now and hodl it for a few years i am also pretty sure that you will have several opportunities in this few years to sell your BTC for a profit of at least 10% to maybe 100% and BTC is by far the safest investement that you can make in the crypto world. My altcoin portfolio was down more than 90% compared to it's ATH back in may and is still down more than 80% at this moment while the losses for BTC where pretty small.

globalpain

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Quote from: Bagong91 on September 07, 2021, 02:06:53 AM

it all depends on you whether you will buy now or wait for the right moment, but you must understand don't buy when the price has gone up, but I found an interesting pattern from the BTC chart and I don't think this is the right time for you to buy, and this just my personal analysis, keep doing DYOR

I think it's crazy if we buy it at a time when the price is going up it's obviously not the right time,
before buying we need to analyze it is important because so that we can make the right decision,
the most important thing is to just continue to follow the development of Bitcoin

ninkdwi

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if you want to be a long term investor regardless of whether it's ups or downs and focus on your goals for (eg) 5-10 years into the future I think this is of course still very worth buying because for the future I'm sure btc will greener than now given the volatility and very good market capitalization.
but if you want to buy and only as a trader then this can be a risk and you better hold on and don't enter for now considering that if you see the current price reaching resistance, and usually traders take profits here.
and if you enter now, it will of course be risky.

bakasabo

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It is never late to buy if you know how to trade. Even if you are afraid of price to fall down, you can always sell and rebuy for a lower price and accumulate more in BTC.

If you are still afraid to buy, try minimizing risk by spending only a half of funds you wanted to spend on cryptocurrency. Try with a small investment, observe the results and make a decision for future investments. Waiting and hesitating is always worse then taking a decision, as in the end you will get experience.

agg2702

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this all depends on the perspective of everyone who is here, because there must be two opinions if we talk about this, the first is that there must be some people who suggest that you wait and be patient because now the price is starting to creep up and wait for it to go down before you adopt bitcoins.
there are also those who think this is a pretty good point to buy because bitcoin has managed to get out of the previous resistance point and the bullrun will soon arrive.
Personally I suggest you can buy it in installments, it doesn't matter if you want to buy it now or not, for sure you have to buy it.

although the price is now too high compared to a few months ago but that's okay because this is a long-term prospect and very worthy of your investment.

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Quote from: mindrust on September 07, 2021, 01:26:37 AM

Depends.

I would definitely not go all in or half in at these prices however going 1% in or 5% in would make sense for a lot of people regardless of the prices. If you put 1/100 of your net worth in crypto, you can only lose 1/100 of your net worth. If it goes up, you make money. A lot less than going all or half in but if you calculate the risk reward ratio, I think that's the best route for a coin skeptical guy.

buying at this level was risky enough because current price on resistance which is usuallly trader will taking profits. maybe partiall buying as you said could good choice to secure our position and money. the certain thing was never trapped in fomo that will make us rekted and need long time for recovery.

Quote from: Bagong91 on September 07, 2021, 02:06:53 AM

it all depends on you whether you will buy now or wait for the right moment, but you must understand don't buy when the price has gone up, but I found an interesting pattern from the BTC chart and I don't think this is the right time for you to buy, and this just my personal analysis, keep doing DYOR

its dilemma for traders who didnt patience waiting pullback or correction. buying on top was quite risky if we didnt prepare correct money management. waiting pullback or retest at breakout could be good strategy for us.

Bagong91

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it all depends on you whether you will buy now or wait for the right moment, but you must understand don't buy when the price has gone up, but I found an interesting pattern from the BTC chart and I don't think this is the right time for you to buy, and this just my personal analysis, keep doing DYOR

mindrust

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Depends.

I would definitely not go all in or half in at these prices however going 1% in or 5% in would make sense for a lot of people regardless of the prices. If you put 1/100 of your net worth in crypto, you can only lose 1/100 of your net worth. If it goes up, you make money. A lot less than going all or half in but if you calculate the risk reward ratio, I think that's the best route for a coin skeptical guy.

Phanditha Echevarria

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BTC may fall back again.There are repeated BTC, and you will never miss the "opportunity to get on the bus",pls wait.

Topic: Is $52,000 BTC worth buying now? (Read 202 times)