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Topic: Is it a good time to buy Bitcoin ? - page 2. (Read 1009 times)

legendary
Activity: 2464
Merit: 1102
November 09, 2020, 01:41:39 PM
#74
Long term never really has a bad entry point, that is the point with bitcoin, you could have bought at $20k and I know you would have been in loss for the past 3 years and that is a bad thing but in 10 years even $20k will be looking cheap anyway so you are getting involved with something profitable. Literally logic would be not getting involved at $20k and when it dropped to $4k you should get there, buying at the bottom is the most important thing and you should always try to do that, instead of fearing bitcoin dying and no longer existing because prices are going down, you should think of it as discount and buy it when it is cheap.

However, this logic just stands there even at the all time high prices (which you shouldn't buy if you can) you could still profit in the long term.
hero member
Activity: 2758
Merit: 705
Dimon69
November 09, 2020, 06:55:28 AM
#73
Q4 is the month for Bitcoin, if you look at 2017 and 2019 in Q4 the Bitcoin price has increased,
and of course 2020 has also increased, and only 2 months left,
I predict the price of bitcoin will reach a new all time high this year and will continue until 2021.
Even it does not guaranteed that the price will also increase before this year end but seeing how the market reacts now after PayPal news chances is that it will still good to buy to take advantage of the price increase if ever it will happen again though there is a need to wait even a little dip since the price we're still consider too high now. Keep monitoring the graph and see where it suits to put some investment
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
November 09, 2020, 06:42:41 AM
#72
Buying at low is what the most had to practice and this the preferred price. But if you are eager to start buying Bitcoin this time, at the point where the price moving high, less assurance that you can make good gains after. Make respect to its volatility, dumps is really inevitable, and that closely possible it happens when the price at its hypes. My suggestion to you is that don't take the risk this time, you'll be caught in a trap. May altcoins have a better position than Bitcoin just to look for a potential one.
Lower market price is the ideal but profit would still be earned from investing at this point even if the market value is already high. There is already a momentum in its market price which is something to hope for if you are planning to invest right now. If you are hesitant, that's fine, you are free to wait for a downfall to occur but there's no guarantee to when will market price increase occur after that because market behavior is uncertain in the first place. Market analysis therefore is needed before making an action. Whether to invest or not, the choice is yours to make.
hero member
Activity: 2828
Merit: 518
DGbet.fun - Crypto Sportsbook
November 09, 2020, 04:58:45 AM
#71
Buying at low is what the most had to practice and this the preferred price. But if you are eager to start buying Bitcoin this time, at the point where the price moving high, less assurance that you can make good gains after. Make respect to its volatility, dumps is really inevitable, and that closely possible it happens when the price at its hypes. My suggestion to you is that don't take the risk this time, you'll be caught in a trap. May altcoins have a better position than Bitcoin just to look for a potential one.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
November 09, 2020, 04:28:52 AM
#70
Hello guys do you think now is a good time to buy bitcoin for trading in cryptocurrencies not for holding it
Well it is still good way to buy and hold mate because trading bitcoin daily is not that advisable for me and also not profitable.
Quote
because the current price looks too high for me (13500$) but im affraid that if i wait it will go more higher to 16k-20k
You're speculation almost come true as the price of Bitcoin move above $15,000 and almost took that 16,000 position
Quote
do you think BTC can fall again at least to 9000$-10000$ or that's not gonna happen and i need to buy it at this price ?
Sorry but i don't wanna feel that dump these good market time,and why keep on asking fall when we are already in hype?
sr. member
Activity: 1344
Merit: 250
November 09, 2020, 02:38:02 AM
#69
Hello guys do you think now is a good time to buy bitcoin for trading in cryptocurrencies not for holding it
because the current price looks too high for me (13500$) but im affraid that if i wait it will go more higher to 16k-20k
do you think BTC can fall again at least to 9000$-10000$ or that's not gonna happen and i need to buy it at this price ?
for now, buying bitcoin is not the right time because the price is already very high you better buy altcoins if you don't have much capital because if you don't have a lot of useless capital it will be a waste of you if you invest in bitcoin at this time it's not quite right because prices have soared.

altcoin investment solutions with a slightly low price, you can see that the current ethereum price has reached $ 445, this is quite the right time to buy top altcoins because you can get big profits if good news occurs, it will make all prices go up especially supported by bitcoin prices has gone up so fast.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
November 09, 2020, 12:10:18 AM
#68
It all depends on your plan to invest and most importantly you buy it at the right time and not in a hurry, and if you are planning to invest in the long term I think you can buy it at any time.
and just waiting for the price to rise high to sell it back even though it takes a long time, the important thing is to sell above the price you bought before and believe me bitcoin will always give you the opportunity to give a good profit if you are patient and take advantage of the opportunity at the right time.

I take this as consideration to buy bitcoin for the long term, and not selling in a big part of bitcoin if the price does not increase so high. We can buy bitcoin any time we want, and that will not depend on how much the price now. Even if we buy bitcoin at the price now at $14k, if we still believe in bitcoin and we want to hold for the long term, we will make a good profit. As long as you can manage your money to buy bitcoin and you are not panic or rush to sell bitcoin, you will see bitcoin price will increase high in the future. So that will be your time to sell your bitcoin and make a profit.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
November 08, 2020, 11:02:58 PM
#67
Regardless of your reason (either for trading or for holding) its always advisable to buy when the price is declining.

Dont buy if the price is increasing because it cant be a consistent movement, remember that the price is high volatile.

Therefore its better to wait for dip before buying. Its a basic rule that a trader should know.


Before it is too late as soon as possible, it must be done when you are sure of the decline, then buy, but that also cannot guarantee whether the price will go down or rise which is clear when holding longer, regardless of the current price, it will definitely be bought.

But the current price is quite high but my level is $17k will be reached so it is possible that the current figure can still be corrected to buy and see how the movement and this must be monitored so fast the movement occurs.
sr. member
Activity: 2590
Merit: 452
Enjoy 500% bonus + 70 FS
November 08, 2020, 10:57:35 PM
#66
It all depends on your plan to invest and most importantly you buy it at the right time and not in a hurry, and if you are planning to invest in the long term I think you can buy it at any time.
and just waiting for the price to rise high to sell it back even though it takes a long time, the important thing is to sell above the price you bought before and believe me bitcoin will always give you the opportunity to give a good profit if you are patient and take advantage of the opportunity at the right time.
hero member
Activity: 3024
Merit: 629
November 08, 2020, 08:47:20 PM
#65
Regardless of your reason (either for trading or for holding) its always advisable to buy when the price is declining.

Dont buy if the price is increasing because it cant be a consistent movement, remember that the price is high volatile.

Therefore its better to wait for dip before buying. Its a basic rule that a trader should know.
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
November 08, 2020, 08:36:41 PM
#64
Buy buy buy.

Just buy $50 usd a week.

Or $100 usd a week.

Don't look back.

Can you spend $50 a week for 50 weeks?

Or better yet 100 a week for 100 weeks?

I wonder if we take the past 100 weeks and calculate such an investment, will it be profitable? At first glance, yes, since the periods of growth were long, and the falls were sharp. Have you checked your advice against historical data? Or are you putting your advice to the test in practice?

I mine and my deal is 1/2 the coins for the room and the power.

So once my gear is paid off. I buy all my coins at 1/2 price.
every two years i need to upgrade gear so I make money but dont get rich

My advice to buy 100usd 100weeks in a row. worked as long as you did not start 

nov 1 2017

through

feb 1 2017



now if you did do 100 usd a week starting in that time period. and held after the 100 weeks were done.

say dec 1 2017 to nov 14 2019.  you would be down. on  nov  14 2019  but now that we are past 15000

if you held it would be over 100 x 100 = 10000 usd.
legendary
Activity: 2562
Merit: 1978
Leading Crypto Sports Betting & Casino Platform
November 08, 2020, 09:45:44 AM
#63
Buy buy buy.

Just buy $50 usd a week.

Or $100 usd a week.

Don't look back.

Can you spend $50 a week for 50 weeks?

Or better yet 100 a week for 100 weeks?

I wonder if we take the past 100 weeks and calculate such an investment, will it be profitable? At first glance, yes, since the periods of growth were long, and the falls were sharp. Have you checked your advice against historical data? Or are you putting your advice to the test in practice?
full member
Activity: 1610
Merit: 103
The OGz Club
November 08, 2020, 09:24:33 AM
#62
You can buy Bitcoin at the current price, because the dump that occurs is a healthy correction for the market,
after this is a real bullish market, you can see after the weekend.
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
November 07, 2020, 05:00:16 PM
#61
Hello guys do you think now is a good time to buy bitcoin for trading in cryptocurrencies not for holding it
because the current price looks too high for me (13500$) but im affraid that if i wait it will go more higher to 16k-20k
do you think BTC can fall again at least to 9000$-10000$ or that's not gonna happen and i need to buy it at this price ?

Buy buy buy.

Just buy $50 usd a week.

Or $100 usd a week.

Don't look back.

Can you spend $50 a week for 50 weeks?

Or better yet 100 a week for 100 weeks?

hero member
Activity: 1008
Merit: 540
November 07, 2020, 04:01:35 PM
#60
Maybe, as of now you can see the graph it in coin desk, that bitcoin price is low so far maybe it is best time to buy some bitcoin and also the election in the U.S is done and Joe Biden is already a winner maybe there's an impact goin to to pump the bitcoin later on, i already bought some of bitcoin and save it for , and see what will happens next and start trading my self afterwards.

See the chart for your self via coindesk : https://www.coindesk.com/price/bitcoin
full member
Activity: 1750
Merit: 118
November 07, 2020, 01:32:17 PM
#59
 afraid to wait because you think the price will rise more but your also afraid to buy because you think the price is too high . you need to decide now because the time is running  .

 the price can really rise now that we are now getting close to the last month of the year . btc are going to fall again but not the range that you expect because we are higher at this point  . it can decrease to a lower price maybe next year when the situation is going to get calmer .
full member
Activity: 1414
Merit: 228
Omicron is another FUD
November 07, 2020, 09:41:11 AM
#58
Hello guys do you think now is a good time to buy bitcoin for trading in cryptocurrencies not for holding it
because the current price looks too high for me (13500$) but im affraid that if i wait it will go more higher to 16k-20k
do you think BTC can fall again at least to 9000$-10000$ or that's not gonna happen and i need to buy it at this price ?
buy Bitcoin at current price = Please take your own risk, if I personally, of course, buy it because Bitcoin hasn't touched $ 20k yet..

Bitcoin price could go back to $ 10k!!  Of course, it is very possible but if we pay attention, it is very likely there should be another big event (bad news or something) that will make the Bitcoin price drop by $ 10k..
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
November 07, 2020, 09:30:02 AM
#57
Buy bitcoin NOW, it is very clear that the Bitcoin Breakout price of $ 14000,
and now reaches $ 15000 easily, $ 1000 increase in just a few hours, don't miss the bullish 2021-2022 year,
I believe ATH will be achieved for Bitcoin and altcoins. HODL!

If bitcoin price can get down to that price or lower price, that will be a good time to buy bitcoin, but if the price is not down to that price, and only stay at a price now or $15k, he could only buy bitcoin at that price. But yes, hold bitcoin will be the best advice to people, no matter what price they buy bitcoin. The bull run will happen soon, and they will make a profit in the future if they can hold bitcoin tight and not panic.
sr. member
Activity: 2030
Merit: 323
November 07, 2020, 04:44:57 AM
#56
I'm a type of trader who usually do a trend following so for me it is good to buy bitcoins whenever its trend is currently uptrend because there is a high chance that its price will become more expensive because the market in uptrend is full of greed where a lot of institutions, individuals and organization are getting bitcoins as much as they can. I'm a type of people who usually avoid buying at downtrend because the price are continuing to decrease because the emotion of market is fear where a lot of investors and institutions wants cash than investments. Right now the price of the bitcoin is currently trending and I can say that it is a parabolic move because look at the price of the bitcoin where it have momentum in these past days and there are consecutives green candle which considered as good movement and we should expect that the price can increase more.
Trend chasing could also lead you to be a bit too late if you are not careful so you should be threading carefully when you are chasing trends. For example, if you are chasing right now, it means you could be too late to get in, maybe you won't be too late to get in, maybe this is a perfect time to buy bitcoin because in the next 6 months we are going to see the price do a 2x until it reaches peak?

We do not know any of this so I would say that you should be careful about what you are doing next. When bitcoin is in a bull run it is always easier to see it doing great and getting involved or at least wanting to get involved but the real place where you should buy should always be when people are worried about the price, because that is when it is low and that is when you can get it cheap.
sr. member
Activity: 952
Merit: 274
November 07, 2020, 12:39:53 AM
#55
I'm a type of trader who usually do a trend following so for me it is good to buy bitcoins whenever its trend is currently uptrend because there is a high chance that its price will become more expensive because the market in uptrend is full of greed where a lot of institutions, individuals and organization are getting bitcoins as much as they can. I'm a type of people who usually avoid buying at downtrend because the price are continuing to decrease because the emotion of market is fear where a lot of investors and institutions wants cash than investments. Right now the price of the bitcoin is currently trending and I can say that it is a parabolic move because look at the price of the bitcoin where it have momentum in these past days and there are consecutives green candle which considered as good movement and we should expect that the price can increase more.
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