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Topic: IS IT TIME TO BUY MORE BITCOIN? - page 7. (Read 1345 times)

sr. member
Activity: 1974
Merit: 450
January 27, 2019, 10:47:40 PM
#66
Price of bitcoin has been falling drastically. To my view the price will fall even lower than the present value. It is good to stay calm for a short time period and invest after the upcoming price fall. Till date I've come across lots and lots of monthly expectations. On every month starting people speculate growth will take place. Now people have begun to speculate focusing on February. In this way I prefer buying as much after a short time period.
you are right. for now, maybe seeing the situation first will be a good decision. I suggest buying bitcoin when you really need it. Current prices tend to go down, and there is no information that can make bitcoin prices higher. however, I think, some people feel that this is a great opportunity to collect large amounts of bitcoin.
legendary
Activity: 3234
Merit: 1214
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January 27, 2019, 11:22:35 AM
#65
Price of bitcoin has been falling drastically. To my view the price will fall even lower than the present value. It is good to stay calm for a short time period and invest after the upcoming price fall. Till date I've come across lots and lots of monthly expectations. On every month starting people speculate growth will take place. Now people have begun to speculate focusing on February. In this way I prefer buying as much after a short time period.
sr. member
Activity: 462
Merit: 251
January 27, 2019, 05:50:27 AM
#64
IS IT TIME TO BUY MORE BITCOIN?

The Bitcoin has had setbacks in the price which has happened partly due to the problem that we have been carrying since Sunday afternoon, however it could be a good opportunity to acquire more BTC if that is the plan that you have.

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If Bitcoin is able to maintain the rate for the next month and a half, everything could change on February 27, since it could receive a good bullish momentum if the SEC (the US markets regulator) approves the first quoted fund (ETF) denominated in the digital currency, a decision that has been repeatedly postponed. Specifically, it is about deciding on a possible authorization to the ETF proposed by the company SolidX Partners and Van Eck Associates. In theory, the SEC would have had to pronounce on this vehicle in December, but the lack of adoption of the digital currency among the world of institutional investors, and the constant regulatory problems that appear every day, have once again postponed the decision.According to http://www.finanzas.com Shocked Shocked Shocked

If you believe that the coming news about SEC could make the trend bullish then you need to accumulate more bitcoin while it's price is more cheaper. Yes it could make the price rise a little bit but not enough to rise higher to the $10k level as this should need more adoptions to rise higher to above the all time high. With or without ETF this bitcoin will rise if we have more adoptions that will increase the daily demand and we should use this coin for our daily transactions and buy more bitcoin for our future. Indeed nobody can predict the price of bitcoin as this will follow with the demand in the whole crypto market.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
January 27, 2019, 05:03:07 AM
#63
Yes it is,  get as many as you can while the price drop down again @3500 or you can wait till the price drop to 3000$ maybe that will be bottom of bitcoin and that will be the best opportunity to buy bitcoin.

That is why we don't have to buy 1 bitcoin directly because we need to have spare money to buy more bitcoin if the price suddenly down too deep. If we can save more money, we can decide how much bitcoin we need to buy now while we still have money to buy again later. You can buy bitcoin at any price you want but remember, you should have money in your balance just in case if the situations on the market changed in the next day.

of course "we" in this context means a day trader or anybody who is actively involved with bitcoin market and resides on an exchange! otherwise for everyone else who is not going to have the time or willingness to spend a lot of time trading and on exchanges it is not a good idea to wait around specially since that means leaving money (fiat) on exchanges that can scam you at any moment. otherwise if you wait and don't leave money on exchanges the price can fall and you wound't be able to buy because depositing fiat takes a lot of time.
hero member
Activity: 2604
Merit: 816
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January 27, 2019, 03:54:56 AM
#62
Yes it is,  get as many as you can while the price drop down again @3500 or you can wait till the price drop to 3000$ maybe that will be bottom of bitcoin and that will be the best opportunity to buy bitcoin.

That is why we don't have to buy 1 bitcoin directly because we need to have spare money to buy more bitcoin if the price suddenly down too deep. If we can save more money, we can decide how much bitcoin we need to buy now while we still have money to buy again later. You can buy bitcoin at any price you want but remember, you should have money in your balance just in case if the situations on the market changed in the next day.
legendary
Activity: 3472
Merit: 10611
January 26, 2019, 11:54:57 PM
#61
So the supposedly initiator for a bull run was gone for now, but the good thing is the price is quite stable and didn't go down as expected.

all those ETFs so far weren't actually "initiators of bull run". in fact i believe if they were approved we might have seen a short rise and then fall back again because the trend wasn't changed at the time and things like the BCash fork attack still were in effect against the rise.
that is one of the reasons the price didn't fall though. nobody had any faith in these ETFs to get their hopes up.
hero member
Activity: 2632
Merit: 833
January 26, 2019, 11:40:34 PM
#60
Buy now the price is very attractive for large investors.

But now everyone is afraid that the SEC will ban futures at the end of February.

However, this may lead to increased interest in Bitcoin by young investors.

For the record, SEC has doesn't have power to ban, they can disapproved. Unfortunately, the SolidX CBoE Bitcoin futures offering was withdraw a couple of days ago. So the supposedly initiator for a bull run was gone for now, but the good thing is the price is quite stable and didn't go down as expected.

for sure this is the best  time for buy more bitcoin
Prices are very cheap

As long as you can take the risk then its ok to buy specially that the price is so cheap. The problem is with people who are afraid to enter because of the volatility and they don't see the potential of the price to grow overtime.
sr. member
Activity: 1176
Merit: 286
January 26, 2019, 01:11:04 PM
#59
for sure this is the best  time for buy more bitcoin
Prices are very cheap
sr. member
Activity: 2506
Merit: 368
January 26, 2019, 09:30:58 AM
#58
If you have some risky fund I will said yes but if you don't have and what you have is for your expenses I will said it is not the right time to invest for you.  Bitcoin has really gone lower than expected and many people are afraid of investing into the market currently but for those that can take the risk there is no how they are not going to make profits.
I don't recommend it this time either since Bitcoin might find another bottom this year and probably until next year. Yet, there is no proper report yet if bull run would occur during halving next year because usually when there is halving the price may drop a little bit more then skyrocketed after.

I suggest to just invest some small amounts that you can't afraid to lose or an amount that won't stress you too much while looking at the price going bottom.
full member
Activity: 924
Merit: 221
January 26, 2019, 07:28:07 AM
#57
If you have idle funds, buy more if you can, as long as you don't touch the funds that your family needs in case of emergency. Only use money that you can afford to loose. It's still risky as the price of Bitcoin is unpredictable but if you get used to it and learned to trade short term, you will a lot of money with patience in buying and selling at the right time.
This is more ideal when investing something that we could not expect on something in return. As we all know.that bitcoin os consider as gambling that when you will be lucky then you can get a good profit out of it. Anyway, this time is the best time to.buy for bitcoin because it has been bottom out already and if it does will go back to its bottom then there could be no huge fluctuations or potential loses to be made as we are still in bear market.
member
Activity: 854
Merit: 10
January 26, 2019, 01:21:43 AM
#56
Yes, it is a very good time to grab as many coins as possible in the current situation of bitcoin price. But many people are predicting the price of Bitcoin will go even lower value so it good to hold some money if Bitcoin price goes down even more. I am grabbing many coins in the market at the current value of the bitcoin.
sr. member
Activity: 924
Merit: 260
January 26, 2019, 12:37:44 AM
#55
If you have some risky fund I will said yes but if you don't have and what you have is for your expenses I will said it is not the right time to invest for you.  Bitcoin has really gone lower than expected and many people are afraid of investing into the market currently but for those that can take the risk there is no how they are not going to make profits.
hero member
Activity: 1008
Merit: 500
January 24, 2019, 06:32:04 PM
#54
Yes it is,  get as many as you can while the price drop down again @3500 or you can wait till the price drop to 3000$ maybe that will be bottom of bitcoin and that will be the best opportunity to buy bitcoin.
member
Activity: 602
Merit: 10
January 24, 2019, 01:28:01 PM
#53
By looking at the declining bitcoin price then it can be an opportunity to buy, it will be an opportunity for you to make a profit. You must be patient to wait for recovery, so you can get the profit you want.
legendary
Activity: 1526
Merit: 1001
January 24, 2019, 03:51:55 AM
#52
When the price of Bitcoin decreases, it is a good opportunity to buy Bitcoin. When the price of Bitcoin is in the low range, we have the opportunity to be able to sell it at high rates so that we can get substantial profits. This is an opportunity and we must be able to take advantage of this opportunity as well as possible. Bitcoin prices are predicted to increase again and in the future that Bitcoin will be brighter and can be used as a digital financial system that is increasingly used by the world community. Buy more Bitcoin because this is the beginning to success.
sr. member
Activity: 882
Merit: 282
January 24, 2019, 01:53:38 AM
#51
The uncertainty in the cryptocurrencies market is high and if you are not a skillful and professionals traders it will be very difficult for you to invest and predict the current market situation and directions.  I can tell you that bitcoin is making good corrections around this $3500 area and it has remain in this trading area for sometime now which is very healthy for the market. I strongly recommend that we should really appreciate what is happening now and if you are long term traders it is better you invest now as the market is picking up.
legendary
Activity: 1372
Merit: 1008
January 19, 2019, 09:09:30 PM
#50
If you have idle funds, buy more if you can, as long as you don't touch the funds that your family needs in case of emergency. Only use money that you can afford to loose. It's still risky as the price of Bitcoin is unpredictable but if you get used to it and learned to trade short term, you will a lot of money with patience in buying and selling at the right time.
I have done it actually because I think at this time the price is quite low and cheap/ it is unfortunate if you do not use it to buy
prices some time ago had touched $4k and now the price is around $3600. it's a chance to buy right.
full member
Activity: 1026
Merit: 110
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January 19, 2019, 12:38:48 PM
#49
Crypto trading activities are at high risk and everyone agrees, someone's decision to start investing in bitcoin is of course not suddenly but through careful consideration. For me, bitcoin is a good investment for the future. Are you sure this year the price of bitcoin will it go up again? of course nobody knows it, in my opinion the current market conditions are quite boring but this is the right time to buy more bitcoin for long-term investment
full member
Activity: 1498
Merit: 146
January 19, 2019, 12:38:18 PM
#48
Low price of bitcoin is good to buy more bitcoins but no one can assure that the prices of bitcoin will increase or decrease in the near future so just go with your instinct or technical analysis.
copper member
Activity: 2968
Merit: 575
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January 18, 2019, 01:23:18 PM
#47
If you have what it is necessary to hold your coins for the long term then the answer is yes, just a warning many think they have what it is necessary but they are mistaken and they find out at the worst possible time, when the price of bitcoin is crashing, so try to be honest with yourself and ask yourself if you can really keep holding your coins if you lost 70% of your investment in a year, if you cannot then wait until the market begins to go up.
If he can wait for the market to go up, then why not buy some coins and wait for the market to go up? This way, he will be having the maximum profit. Also, there is no such thing as  "worst time". I am assuming that by "worst time" you mean the time when the price starts to crash? How about considering that as the "best time" by thinking of the crash as a price discount?
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