Is is still a good time to Invest in Bitcoin? - page 6.

Izarok

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Quote from: davis196 on November 21, 2017, 07:36:09 AM

I think that it`s quite late for the new investors ,who want to jump in and buy bitcoins.
They might make some profits for sure,but the huge profits will stay for the big whales and early adopters who
bought bitcoin a few years ago and continue to hold.You have experience with forex trading and you have to already know that nobody can predict the market and searching for such advice is pointless.
If you know how to trade,you probably know how to make technical and fundamental analysis,use your skills.

Definitely! Most of the investor today are joining because of FOMO or fear of missing out. They want to hop on the hype train while it is still within reach. Anytime is good time to invest but for maximum profit invest when there are dips.

RamonBTC

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The same sentiments with the one started the thread and now im convinced that investing in bitcoin is not about the timing but the courage to take the risk. And now im more that ready to take that path than being fearful all the time.

Dutchyyy

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It's always good time to invest in Bitcoin.

Because I'm expecting huge price pump if CME manage to run Bitcoin futures on 11 Dec.

You could read more here: https://www.coindesk.com/cmes-bitcoin-futures-likely-start-trading-december-11/

marseille

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Quote from: zanezane on November 23, 2017, 03:29:40 AM

Quote from: slackcryptoz on November 22, 2017, 08:52:34 PM

Quote from: ihsanskanzaone on November 22, 2017, 05:25:15 PM

I think this is not a good time to invest in bitcoin because bitcoin prices are still very high. You have to wait for the end of the year because by the end of the year many people will be selling bitcoin for New Year's party so many people will sell their bitcoin or exchange it for real currency so that this can make bitcoin price at the end of the year will go down. so that's when you have to invest.

Maybe by the year end you feel bad of missing the opportunity to buy or invest at an lower price, because in the past during the last month of every year price bumping has taken place. This time too the same is expected to take the price reach above the long expected $10000.

As early as now buy some bitcoin as long as you can afford now as soon the price will not for everybody.
If not today, when? Before, many didn't buy bitcoin in that early and now they're regretting with their lives and so I hope we will not repeat the same mistake.

You can always buy bitcoins little by little and save it for long term and if you can buy it even now still it will give you higher returns in next few years as price will continue to increase depending on the popularity and demand of bitcoins so investing in bitcoins any time is the most profitable choice to make.

el kaka22

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Quote from: UnDerDoG81 on November 21, 2017, 09:03:59 PM

As it rised from 500 ish to 1800 ish, I told my friend, don´t buy bitcoins it´s pure gamble. I would say the exact same thing now. Nobody knows. It´s pure gambling. One really bad news and we´ll back to way lower prices. One really good news and we see the moon... Invest money you can afford to lose.

Yeah, we can classify it as a gamble since no one knows exactly what can happen next and it is a new market with a lot of speculations, FUDs and panics.

Although, the era of crazy bad news affecting the value of bitcoin in a very huge way has really reduced compared to the past and I feel the strength of bitcoin based on the community understanding keeps getting stronger and unable to get broken by any government. I hope I am right but we have seen so many developments so far and more to come.

zanezane

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Quote from: slackcryptoz on November 22, 2017, 08:52:34 PM

Quote from: ihsanskanzaone on November 22, 2017, 05:25:15 PM

I think this is not a good time to invest in bitcoin because bitcoin prices are still very high. You have to wait for the end of the year because by the end of the year many people will be selling bitcoin for New Year's party so many people will sell their bitcoin or exchange it for real currency so that this can make bitcoin price at the end of the year will go down. so that's when you have to invest.

Maybe by the year end you feel bad of missing the opportunity to buy or invest at an lower price, because in the past during the last month of every year price bumping has taken place. This time too the same is expected to take the price reach above the long expected $10000.

As early as now buy some bitcoin as long as you can afford now as soon the price will not for everybody.
If not today, when? Before, many didn't buy bitcoin in that early and now they're regretting with their lives and so I hope we will not repeat the same mistake.

mattbellme

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I would say no but it wouldn't hurt to just buy a little....

slackcryptoz

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Quote from: ihsanskanzaone on November 22, 2017, 05:25:15 PM

I think this is not a good time to invest in bitcoin because bitcoin prices are still very high. You have to wait for the end of the year because by the end of the year many people will be selling bitcoin for New Year's party so many people will sell their bitcoin or exchange it for real currency so that this can make bitcoin price at the end of the year will go down. so that's when you have to invest.

Maybe by the year end you feel bad of missing the opportunity to buy or invest at an lower price, because in the past during the last month of every year price bumping has taken place. This time too the same is expected to take the price reach above the long expected $10000.

batang_bitcoin

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What I'm expecting to see in bitcoin for the next months? It will be recognized and it will skyrocket although there are inevitable events that may happen too about banning, regulations and other stuffs that are stopping bitcoin to moon. But if you had seen on how bitcoin is greatly extending it's value from month to month or from time to time, you just have to buy and hold it as long term investment.

mharz

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Quote from: ihsanskanzaone on November 22, 2017, 05:25:15 PM

I think this is not a good time to invest in bitcoin because bitcoin prices are still very high. You have to wait for the end of the year because by the end of the year many people will be selling bitcoin for New Year's party so many people will sell their bitcoin or exchange it for real currency so that this can make bitcoin price at the end of the year will go down. so that's when you have to invest.

I agree definitely no, this is not the right time to invest in bitcoin. Because price of this coin now is very expensive and some people now are can't afford to buy a lot of stocks. But there's a way to earned bitcoin without any investment, maybe it's a good choose than investing cash into bitcoin.

Moreover, due to popularity of bitcoin in the market I think the right things we can do is to earn and hold bitcoin. Selling is also not advisable because there's a possibility that bitcoin value are increasing up to $9,000 to 10,000 before end of this year.

However it depends to the owner if they can buy bitcoin or not, the decision will always on the hand of the users. Crypto currency now are experience of good selling value and more capitalist are still support bitcoin in the crypto currency community, that's the reasons why bitcoin are so expensive for now.

ihsanskanzaone

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I think this is not a good time to invest in bitcoin because bitcoin prices are still very high. You have to wait for the end of the year because by the end of the year many people will be selling bitcoin for New Year's party so many people will sell their bitcoin or exchange it for real currency so that this can make bitcoin price at the end of the year will go down. so that's when you have to invest.

Ferris419

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Quote from: Bustart on November 22, 2017, 03:28:48 PM

Quote from: laredo7mm on November 22, 2017, 02:47:59 PM

Quote from: ask on November 22, 2017, 09:55:24 AM

Its never late for investing in bitcoin.
but i will suggest you to split your money and so you can buy more while its price its dropping and your average buying price will be less then todays price.

Yeah neither buy at once nor sell at once and you can do it in installments to get better results in future as right now price is too high so you can buy in small parts and wait for the price to drop and if it does then you can buy some more at lower price and same goes when you sell your bitcoins when you are making profits as its always wise to keep some bitcoins for future to sell it even at higher price.

Buying bitcoin now is not too late. If we see full adoption in the future, the price still has to go up in value because we it has a limited supply. So for people who are thinking about whether I should go into buying or investing in bitcoin right now, I would say go in with caution. The appetite for speculation is still pretty strong, so the price is still likely to rise at this point of time.

Its never too late to buy bitcoins and I agree with you on that but not all people have the same budget to buy bitcoins at any price as the rich can afford to buy even if the price in millions but those average earning people will think twice to buy bitcoins at the current price and if they don't have budget then they will definitely wait for the price drop and I don't think there is anything wrong in it.

Bustart

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Quote from: laredo7mm on November 22, 2017, 02:47:59 PM

Quote from: ask on November 22, 2017, 09:55:24 AM

Its never late for investing in bitcoin.
but i will suggest you to split your money and so you can buy more while its price its dropping and your average buying price will be less then todays price.

Yeah neither buy at once nor sell at once and you can do it in installments to get better results in future as right now price is too high so you can buy in small parts and wait for the price to drop and if it does then you can buy some more at lower price and same goes when you sell your bitcoins when you are making profits as its always wise to keep some bitcoins for future to sell it even at higher price.

Buying bitcoin now is not too late. If we see full adoption in the future, the price still has to go up in value because we it has a limited supply. So for people who are thinking about whether I should go into buying or investing in bitcoin right now, I would say go in with caution. The appetite for speculation is still pretty strong, so the price is still likely to rise at this point of time.

laredo7mm

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Quote from: ask on November 22, 2017, 09:55:24 AM

Its never late for investing in bitcoin.
but i will suggest you to split your money and so you can buy more while its price its dropping and your average buying price will be less then todays price.

Yeah neither buy at once nor sell at once and you can do it in installments to get better results in future as right now price is too high so you can buy in small parts and wait for the price to drop and if it does then you can buy some more at lower price and same goes when you sell your bitcoins when you are making profits as its always wise to keep some bitcoins for future to sell it even at higher price.

1Referee

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Quote from: alyssa85 on November 22, 2017, 06:44:04 AM

The Tether thing looks as sketchy as anything. It should have caused a correction in the market, but it seems that large groups are buying on every dip.

I am fairly sure that it would have gone down more if there was no major event upcoming, which is the potential approval of CME to launch Bitcoin futures this year. Every drop that happens is being seen as a very welcome buying opportunity, and as long as it isn't clear whether or not CME will get an approval or rejection, this will continue.

Quote from: alyssa85 on November 22, 2017, 06:44:04 AM

The real risk with tether is that the people who run it are the same as the people who run bitfinex, and if that exchange goes down it will be a mini MtGox event.

People are idiots, really. They should have withdrawn everything from Bitfinex completely after the hack, but still, people are delusional enough to keep using it, and even without Tether, Bitfinex will go down - it's just a matter of time, really. People have been warned plenty of times, but they will only listen when they are paying the price for their ignorance, that's for sure.

ask

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Its never late for investing in bitcoin.
but i will suggest you to split your money and so you can buy more while its price its dropping and your average buying price will be less then todays price.

Catmony

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Quote from: ig_coin on November 20, 2017, 03:55:55 AM

I've been trading Forex in the past, today mainly US Stocks, but have no clue what to expect from Bitcoin.
Is it still a good time to buy, or should I wait more and see what's going on in the next 6 months? Any thoughts?

You have to remember that forex trading and crypto trading is completely different things and market might not react in same way. Bitcoin price is increasing not only because people all over the world are buying bitcoin to make payments but also as they are buying it as store of value. Bitcoin is new digital gold with limited supply but high demand, so even $100k is possible within next few year.

So buy now rather than regret later on.

edisystem

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Quote from: ig_coin on November 20, 2017, 03:55:55 AM

I'm watching the bitcoin for a few months now, saw it going up from $2,000 to over $8,000 in just 6 months.

What shook me up this morning is a notification I got by email saying it's over $8,000!! Bitcoin is up by 43% in a single month.

The big question is, will we see $10K soon, perhaps before the end of the year, or what are you guys expecting to see in the next few months?

I've been trading Forex in the past, today mainly US Stocks, but have no clue what to expect from Bitcoin.
Is it still a good time to buy, or should I wait more and see what's going on in the next 6 months? Any thoughts?

I'm not sure about $10k in the end of the year but we are going into $10k right now, maybe we will reach it next year. In my opinion it's still a good time to invest in bitcoin, i can see the price will stable around $8,000 or even increase again until the end of the year. Waiting for 6 months is too much i think, it's better invest it now.

alyssa85

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Quote from: btcney on November 22, 2017, 03:28:38 AM

Long term yes.

Short term we may see some adjustment price wise. We still don't know exactly the extent of damage that Tether hack has had, however it seems unlikely that any major harm is going to be brought with that hack anyways. If the price dips below $8000 then i would definitely start accumulating straight away.

In my opinion we're still only nearing institutional investors. We have only seen a select few companies being actually interested to invest and use bitcoin, let alone mass adoption. We've still got a long way to go.

This is the right answer.

The Tether thing looks as sketchy as anything. It should have caused a correction in the market, but it seems that large groups are buying on every dip.

The real risk with tether is that the people who run it are the same as the people who run bitfinex, and if that exchange goes down it will be a mini MtGox event.

BitSat

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Quote from: WatchMaker on November 22, 2017, 05:50:27 AM

I think even now is still good time to invest in bitcoin as the value of bitcoin continue to grow upward not down ward.

Yea its never been late in case of bitcoin because I read few articles and many pundits saying its time for bitcoin and this can touch over 15000$ in next few months I believe its still good time for buying and investing because its for long term purpose this is going to give very good profit but need to keep eye on charts and just invest which you can afford to invest for some long term

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