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Topic: Is it time to buy or what? (Read 2327 times)

sr. member
Activity: 266
Merit: 250
August 17, 2014, 11:08:11 PM
#26
Anytime is a good time to buy bitcoins, as long as you hodl. But don't expect insane rises overnight. That phase is over, and if bitcoin were to go mainstream, it needs to stabilize, else it will not work as a currency, which is the initial purpose of the conception of Bitcoin. But many sees bitcoin as an investment and some even see it as stocks, buying and selling on a regular basis. If you're into that then no one can advice you, because no one can predict what's the price going to  be tomorrow. But if you're looking long term, say next year, then yes, it's time to buy now.
full member
Activity: 141
Merit: 100
August 17, 2014, 10:17:45 PM
#25
Some of the coins have drop more than 90% from the peak. If the past is any guide, it is now a good time to load up on coins with sound basis.
newbie
Activity: 36
Merit: 0
August 17, 2014, 10:13:36 PM
#24
I would like to know too  Wink
hero member
Activity: 1022
Merit: 500
August 16, 2014, 06:11:04 PM
#23
The volatility is great at the moment.

My advice
 - Go Short
 - Hodl

Build that bitcoin wallet and wait for the $100k coins to come Smiley
I agree that the volatility has increased a lot in the past few days and this is good for traders of bitcoin. This will also likely increase profits for exchanges who measure their profits in terms of BTC

What this is not good for is the long term adoption of bitcoin as it will make it more risky for people to buy and spend their bitcoin (they have a bigger exchange rate risk).

For the OP: I think we likely have some ways down to go from here. I would personally buy net more BTC if the price were to drop ~50% from today's levels, but I think the chances of it going that low are low. Over the long term the price of bitcoin will likely rise to levels well above our last bubble highs.

I would be less surprise to see the price go down too but if you are looking to hold you can start buying now
legendary
Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
August 16, 2014, 01:02:40 PM
#22
The volatility is great at the moment.

My advice
 - Go Short
 - Hodl

Build that bitcoin wallet and wait for the $100k coins to come Smiley
I agree that the volatility has increased a lot in the past few days and this is good for traders of bitcoin. This will also likely increase profits for exchanges who measure their profits in terms of BTC

What this is not good for is the long term adoption of bitcoin as it will make it more risky for people to buy and spend their bitcoin (they have a bigger exchange rate risk).

For the OP: I think we likely have some ways down to go from here. I would personally buy net more BTC if the price were to drop ~50% from today's levels, but I think the chances of it going that low are low. Over the long term the price of bitcoin will likely rise to levels well above our last bubble highs.
hero member
Activity: 504
Merit: 500
August 16, 2014, 12:22:10 PM
#21
I don't see it going further down. Looks like we've hit ottom. If you look back at the last "crash" from 1200, 500 seemed to hold. I'd say buy.
legendary
Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
August 16, 2014, 12:16:35 PM
#20
I am a veteran trader, for me it's no brainer-now its time to buy.
I don't think it is that clear cut that it is time to buy bitcoin. The sell-off is likely attributed, at least somewhat to liquidating of leveraged positions and without knowing how close to the min margin requirements the overall bitfinex and btc-e markets are it is hard to know how much more forced selling we will see.
sr. member
Activity: 336
Merit: 250
August 16, 2014, 11:59:32 AM
#19
do NOT buy bitcoin, bitcoin is going to nowhere but down, the final capitulation incoming!



its ridiculous that you went through all the trouble to make this meme but couldn't even remember to write losses. couldve trolled even harder if you wrote hodl too. oh well can't expect much creativity from a fool who can't even give a reason for his predictions.
hero member
Activity: 590
Merit: 500
August 16, 2014, 11:56:18 AM
#18
Buy BTC if you believe in Bitcoin protocol.

If you believe is always a good time to buy.
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
August 16, 2014, 11:21:56 AM
#17
do NOT buy bitcoin, bitcoin is going to nowhere but down, the final capitulation incoming!

Don't you have any reason for why people should sell all their coins.  Why bother telling people if you won't even give a good reason.  Your not convincing anyone to sell so don't you think it is worth explaining where your coming from.  Are you going to keep posting when the price rebounds and apologize to all those misguided people who listened to you and apologize just for being so wrong?
full member
Activity: 210
Merit: 100
August 16, 2014, 11:20:47 AM
#16
So the guy with 25,000 btc still to sell just magically disappeared did he  Roll Eyes...
Buo
member
Activity: 112
Merit: 10
August 16, 2014, 11:12:07 AM
#15
$490 was a great price to buy, congrats to the OP, in this moment you have earned 22USD every btc you have.
newbie
Activity: 42
Merit: 0
August 16, 2014, 10:55:43 AM
#14
Hi all;
personally I started to buy buy buy  Cool (now at: 490$)
what do you think? will it drop more or start recovering?

DM

Bitcoin is dead, sell all your holdings now... in my buy orders!
I'm joking but I think that the value can only go up from here.
newbie
Activity: 56
Merit: 0
August 16, 2014, 10:06:43 AM
#13
I'm buying all I can afford because we are under the trendline and we should rise soon.
sr. member
Activity: 294
Merit: 250
August 16, 2014, 08:20:10 AM
#12
Just do 50/50.

Take 50% of your fiat and buy now.

So you can buy more if it goes lower. If it goes moon you won't miss the boat.

Best of both worlds!
full member
Activity: 238
Merit: 100
August 16, 2014, 08:19:29 AM
#11
Hi all;
personally I started to buy buy buy  Cool (now at: 490$)
what do you think? will it drop more or start recovering?

DM

You did wonderfully well. You bought at almost the absolute bottom... I am envious. Yes, it is go time!!!
hero member
Activity: 504
Merit: 500
Moderator
August 16, 2014, 08:17:22 AM
#10
BUY
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
August 16, 2014, 08:11:39 AM
#9
we are at the bottom or near that, it won't drop much farther, you made a wise decision
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
August 16, 2014, 06:27:34 AM
#8
do NOT buy bitcoin, bitcoin is going to nowhere but down, the final capitulation incoming!



you're not around long enough

bitcoin will always recover

bitcoin is like a roller coaster, it has its ups and downs, but at the end you enjoy the ride and you would like to go again Smiley

I'm hodling

I'm determined I will never even think about selling before we reach 1k, even then I probably won't sell
But then it would be reasonable to sell, this way, no

newbie
Activity: 21
Merit: 0
August 16, 2014, 05:19:07 AM
#7
I am a veteran trader, for me it's no brainer-now its time to buy.
BUT
Bitcoin market is uncharted, this time I am really not so sure if will go under 450$, 400$
On the long run it will break new heights no doubt.
In the short run what will be the price....
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