Is it a good time to buy bitcoin now? - page 5.

to64time

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Quote from: philiveyjr on June 12, 2016, 08:04:04 AM

You never know. It can go up or down anytime before or after halving. I personally wouldn't buy any more after it touched 600 today. I also don't think you will make significant profits by buying in right now, so would suggest not to.

agreed once it moved past $600 prob best to wait if your trying to make a quick buck but if your buying it for the long haul not a bad idea to get it now

Mvaporis1961

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Yes because the price is continue rising and even though you buy bitcoin in a high price i think you can still get a profit by just holding until the bitcoin halving event happen on the month of july.

gagalady

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It's buying time just don't invest your life savings

X-ray

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Quote from: 7788bitcoin on June 12, 2016, 06:56:44 PM

For short term profit, maybe it is not the best time to buy. However, if you are looking for long term gain, the risk is much lower and we can expect a much higher price in the coming years.

Right, because bitcoin price is high for now and has many risks to buy it. but it's your choice to buy bitcoin or not, maybe buy bitcoin, for now, can give you some profit. Maybe, bitcoin price will always go up for now.

7788bitcoin

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For short term profit, maybe it is not the best time to buy. However, if you are looking for long term gain, the risk is much lower and we can expect a much higher price in the coming years.

Hirose UK

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Quote from: Yang0131 on June 12, 2016, 07:07:31 AM

Since halving is still 28 days away, is it a good time to buy bitcoins now and sell it after halving?
Though the price just rised rapidly.

if you are not sure what halving will bring, high price or low price, sell part of your bitcoin. but If you're sure that the price will be higher, hold your bitcoin then. or you may sell some of them and hold the others.

Frost

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You're a bit late to buy Bitcoin. It's not the best time at this exchange rate. Wink

MTBTT

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Quote from: martinacar on June 12, 2016, 10:07:37 AM

Yes I think its pretty good to buy some bitcoins these days because the bitcoin has a good future a head with the halving this year.
The halving is coming closer and closer this days.

yeah I agree with you. prices started a craze and do not wait long. This opportunity will not come a second time. so maximize the upside for profit and besides halving yet to come ?

Cuidler

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Quote from: BitHodler on June 12, 2016, 02:27:15 PM

Quote from: martinacar on June 12, 2016, 10:07:37 AM

Yes I think its pretty good to buy some bitcoins these days because the bitcoin has a good future a head with the halving this year.

Even while the price has gone up quite a bit lately?

I think right now is the perfect time to cash out some coins, or to keep hodling instead of buying more.

I personally dont buy right after high price spike as well, and I preffer to wait whether correction comes to buy bitcoins a bit cheaper. It doesnt work best all the time because you cannot predict Bitcoin price movements all the time, but it works for me often enough.

I think the halving is long term effect on the Bitcoin price where miners getting only half of what they get today, so there is chance with reducted supply from mining the bitcoin price can slowly increase over next years. If the demand for bitcoin keep the same, thats it.

Bitcoinbro

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Buying the bitcoin can be good indeed but keep in mind that the future of the bitcoin itself is unsure.
Because of this its still a big risks to invest into the bitcoin if you are asking my opinion.

calkob

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If you believe that bitcoin is going to have a really good future then yeah it is still a great buy at this price. in the short term it might not be a good buy but i think longterm it is a really good buy. Grin

Kprawn

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There are so many reasons, why people like us are not equip to answer this type of question... one being that none of us can predict the future. We can go with historical information based on the

previous Halving, but that might not be the same as this Halving. I think the current spike in price has more to do with Capital flight going on in China, but that is still speculation. This might also be just

some Chinese people with a taste for gambling, that might be betting that the price would skyrocket and they would be making millions. $200 a year ago were low.... we might see $2000 this year, and

you would be kicking the shit out of us, if we told you not to buy, and that happened. Roll Eyes

and visa versa.

BitHodler

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Quote from: martinacar on June 12, 2016, 10:07:37 AM

Yes I think its pretty good to buy some bitcoins these days because the bitcoin has a good future a head with the halving this year.
The halving is coming closer and closer this days.

Even while the price has gone up quite a bit lately?

I think right now is the perfect time to cash out some coins, or to keep hodling instead of buying more.

newcoins1978

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You can indeed buy some bitcoins right now although the price is pretty high it will rise to a higher amount very soon due to the halving that is coming this year!

justdimin

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I'd say buy now. The risk is really high currently, but it may be worth it in the long run because there's currently a hype and the halving is near. Although we do not actually know if the price would still increase by the time of the halving or will it go down.

Woshib

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It's your choice, if you know that the price of bitcoin is low enough, you can choose to buy.
But in my opinion, the price of bitcoin is high at the moment, although after Halving it could go higher.

pianomasta

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Quote from: Bit1334271 on June 12, 2016, 10:16:49 AM

Quote from: helloeverybody on June 12, 2016, 09:54:36 AM

Everytime i see the price go higher than a price ive bought at before i say to myself im not buying at this price. Then a few weeks or months later i look at the price and its higher and i then kick myself foe having not bought more at the previous price.

Absolutely happen to me I was thinking to buy some as rate touch 575$ but then I drop my idea for some more up and down but now its almost touching over 640$ and I am kicking my self what shit I done

i guess you should hold your bitcoins for a while before selling in order to make reasonable profit out of them

i hold my bitcoins for a while right now and im making some small profit right now

Bit1334271

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Quote from: helloeverybody on June 12, 2016, 09:54:36 AM

Everytime i see the price go higher than a price ive bought at before i say to myself im not buying at this price. Then a few weeks or months later i look at the price and its higher and i then kick myself foe having not bought more at the previous price.

Absolutely happen to me I was thinking to buy some as rate touch 575$ but then I drop my idea for some more up and down but now its almost touching over 640$ and I am kicking my self what shit I done

X-ray

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Quote from: Yang0131 on June 12, 2016, 07:07:31 AM

Since halving is still 28 days away, is it a good time to buy bitcoins now and sell it after halving?
Though the price just rised rapidly.

Maybe wrong perception, Good time to buy bitcoin is at bitcoin price is halving. And you can hold it and wait for bitcoin price is rising and you can get some profit from them.

martinacar

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Yes I think its pretty good to buy some bitcoins these days because the bitcoin has a good future a head with the halving this year.
The halving is coming closer and closer this days.

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