Topic: IS IT TIME TO BUY MORE BITCOIN? - page 5. (Read 1348 times)
I think right now is the best time you can buy bitcoin, because prices are now starting to rise, so you also still have many opportunities to get a lot of profits.
IS IT TIME TO BUY MORE BITCOIN?
Now, the answer. drum roll please!
NO ONE KNOWS WHEN THE BEST TIME TO BUY BITCOIN IS!
Now, the answer. drum roll please!
NO ONE KNOWS WHEN THE BEST TIME TO BUY BITCOIN IS!
It is nearly impossible to find the dip to buy BTC but you have to buy at some point if you want to invest and the best timing is the during the capitulation period. If you are not sure this timing (like now) then you can buy during a price zone like between 2.5k-3.5k USD
I don't want to wait for another dip because there is no guarantee for us to see the dip will happen or not. It is better to use every chance we see in the market so we don't miss the good time to buy more bitcoin. All of us still don't know where is the dip of bitcoin price but one thing that we know that when bitcoin price is down, then that is a good time to buy bitcoin because in the next hours or days, the price will increase higher.
IS IT TIME TO BUY MORE BITCOIN?
Now, the answer. drum roll please!
NO ONE KNOWS WHEN THE BEST TIME TO BUY BITCOIN IS!
Now, the answer. drum roll please!
NO ONE KNOWS WHEN THE BEST TIME TO BUY BITCOIN IS!
It is nearly impossible to find the dip to buy BTC but you have to buy at some point if you want to invest and the best timing is the during the capitulation period. If you are not sure this timing (like now) then you can buy during a price zone like between 2.5k-3.5k USD
IS IT TIME TO BUY MORE BITCOIN?
Now, the answer. drum roll please!
NO ONE KNOWS WHEN THE BEST TIME TO BUY BITCOIN IS!
Now, the answer. drum roll please!
NO ONE KNOWS WHEN THE BEST TIME TO BUY BITCOIN IS!
It is nearly impossible to find the dip to buy BTC but you have to buy at some point if you want to invest and the best timing is the during the capitulation period. If you are not sure this timing (like now) then you can buy during a price zone like between 2.5k-3.5k USD
Its not an unreasonable strategy to buy into a fall especially with the nature of Bitcoin price movements which suddenly move upwards without much warning or possible anticipation. The cause of the fall for BTC price is surely still its unwinding from 2017 peak pricing, that still seems to be the overall dynamic.
Always consider underlying dynamics, I agree. The main driver of price is population of users to the ongoing block reward, so is BTC becoming any more scarce per unit distributed over users and holders of BTC. If more scarce then at some point price will follow and we see a trend of rising prices occurring.
Im generally bullish so long as development of BTC is continuing and the focus remains on the world at large, not elitist interests but plain common people even the working poor should have a place in using BTC. If thats true, I think BTC sees growth from billions of people it can help.
The other point is dollar strength, at least long term I do not see this occurring
Quote
we should also consider the cause of the fall.
Always consider underlying dynamics, I agree. The main driver of price is population of users to the ongoing block reward, so is BTC becoming any more scarce per unit distributed over users and holders of BTC. If more scarce then at some point price will follow and we see a trend of rising prices occurring.
Im generally bullish so long as development of BTC is continuing and the focus remains on the world at large, not elitist interests but plain common people even the working poor should have a place in using BTC. If thats true, I think BTC sees growth from billions of people it can help.
The other point is dollar strength, at least long term I do not see this occurring
If the price is declining then its the good time to buy therefore if you are aware of the bitcoin's price from the last 2 years you can compare the value before up to now then you can analyze the situation. Sometimes even we know to ourselves the answer still we have to ask for confirmation. The point is if you have the capital then buy as much as you want its for your own good, you will gain from it once the market recover consistently.
Everyone wants the opinion of others before taking some action to buy. There is too much risk and there might be a lot of relevant information that we failed to consider.
It's not all the time right that we buy when the price is falling, we should also consider the cause of the fall.
If the price is declining then its the good time to buy therefore if you are aware of the bitcoin's price from the last 2 years you can compare the value before up to now then you can analyze the situation. Sometimes even we know to ourselves the answer still we have to ask for confirmation. The point is if you have the capital then buy as much as you want its for your own good, you will gain from it once the market recover consistently.
Why not? It's affordable than last 2017 that huge of price so I think it's time to buy now bitcoin because price is range in 3k. For me I think everyday is great to buy bitcoin depends on the situation and if we can afford it.
It is impossible to know the bottom of this drop. Maybe 3k maybe 2.4k or maybe we have already bottomed. But I am pretty sure that the people who are buying now will earn lots of money.
Most likely we already reached the bottom or we are extremely close to it, in any case this seems to be a good moment to buy bitcoin especially if you are thinking about holding it for the long term since it will not be weird at all if we surpassed the previous all time high during the next 5 years and if that is the case you could easily multiply your money more than 5 times which is not too bad for a simple strategy of buying and holding your coins.
If I have idle funds just sitting in my savings account I would buy more Bitcoins. Even if there's no bull run this year or next year, the opportunity to earn at least 1% is there. I would say its better than having a bull run. I will not sit there and look at my BTC wallet waiting for any bull run to happen. Trading is the key to increase your holdings.
if you ask when the right time to buy bitcoin then you will never get it because to buy bitcoin you have to be brave enough to make a decision to buy it, but I have a small suggestion that I often use to buy bitcoin you should be able to see the graph and make sure the bitcoin price chart is falling.
yes, the price of bitcoin has always been flexible, and it's difficult to know when the right time for that. for now, I have enough to hold the asset. I'm just waiting for the price to go up now. but, some people feel that this is the time to buy, and hold back.
if you ask when the right time to buy bitcoin then you will never get it because to buy bitcoin you have to be brave enough to make a decision to buy it, but I have a small suggestion that I often use to buy bitcoin you should be able to see the graph and make sure the bitcoin price chart is falling.
When it comes to bitcoin market bottoms we can all stick to my motto: ALWAYS BE BUYING
The bottom started in november and will probably continue for months to come. No reason everyone on this forum can't be loading up, buying regularly for months on this bottom $3000s prices. Don't bother trying to time the exact bottom or guess the exact bottom, that involves being lucky and hoping to get lucky is never a good investment strategy. When you get some money buy some bitcoin. That's what I've been doing since it dropped in november and will continue to do that for months to come while it continues to skate along the bottom.
The bottom started in november and will probably continue for months to come. No reason everyone on this forum can't be loading up, buying regularly for months on this bottom $3000s prices. Don't bother trying to time the exact bottom or guess the exact bottom, that involves being lucky and hoping to get lucky is never a good investment strategy. When you get some money buy some bitcoin. That's what I've been doing since it dropped in november and will continue to do that for months to come while it continues to skate along the bottom.
I will not get tired telling people to invest in bitcoin specially now that its price is incredibly cheap. Its always a time to buy bitcoin because every price has its own opportunity and if youre wise, you can see it clearly. Dont think about its price now but rather the price for your long term investment.
It is impossible to know the bottom of this drop. Maybe 3k maybe 2.4k or maybe we have already bottomed. But I am pretty sure that the people who are buying now will earn lots of money.
Yeah because the price will go higher soon and those who buy bitcoin will gain more since their cost is very cheap. I believe we alredy hit the bottom and no more big dumps, so its time now go accumulate and hold more bitcoin as the price continues to become more stable and preparing for a big pump. 
Looking from the point of view where just a year ago bitcoin price was 18, 19 thousand and today it is 3 and a half, we could assume that it is good moment for buying more coins. Bitcoin touched ATH value once, showing the potential that can reach it again.
On the other hand, showing potential and being there once doesn't mean that will happen again. Other concern is if the price will continue to fall. Than we should wait for better moment. Basically we can not know for sure if it is or it is not good time for investing. We can believe in good scenario or not believe and make our decision based on that.
We can use that past value to estimate how long we can avail to wait or how far we can afford to, there's a lots of market factors that we need to assess before we decide what move to go and which path to follow, long term holders will buy alone and set the target price then leave it out, while short term traders will keep chasing the dip and buy then grab the opportunities to sell out with small profits, after everything its the traders alone who will decide which way to go. On the other hand, showing potential and being there once doesn't mean that will happen again. Other concern is if the price will continue to fall. Than we should wait for better moment. Basically we can not know for sure if it is or it is not good time for investing. We can believe in good scenario or not believe and make our decision based on that.
For almost 1 year, the price of bitcoin has continued to down and the last few months from 2018-2019 have stabilized at 3500 $. 2019 there are so many rumours and speculations. and some countries have legalized bitcoin. so this is the right time to buy bitcoin/cryptocurrency I guess.
It is impossible to know the bottom of this drop. Maybe 3k maybe 2.4k or maybe we have already bottomed. But I am pretty sure that the people who are buying now will earn lots of money.
Prices seems to be near bottom or almost at lower side only and thus providing very good opportunity for buying at this time so that during the bull run people can get the good profits and become wealthy in coming time . Also in coming years payment will happen online through crypto so better to buy and save for future .
Just take into consideration the peak price of bitcoin, and the people who have invested by that time were unlucky. Because for the same investment right now one gets more than 5btc. Surely in future the price will cross the past peak, in this manner investing or buying more bitcoin now seems to be the wise decision than waiting for lower price.
Some of us said it's a great time to buy bitcoin now and some of us is not. But I think it's up to you if you really believe in bitcoin you will buy it in any price of it. Because no one can tell but anytime is great time to buy its up to us.
Jump to: