Is it too early vs late to buy bitcoin? - page 4.

Wexnident

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Quote from: MaggieDeng on October 31, 2017, 04:02:57 PM

Bitcoin has been soaring over the past few months.
The argument between "is it too late to buy Bitcoin" vs "is it too early to buy Bitcoin" was debating among lots of hedge funds.
Some think there will be a big price correction later at a certain point, the others think the blooming will still continue going on no matter what.

What do you think?

I think, it is the right time to buy Bitcoin, knowing that the increase is continuous also there's an incoming hardfork to look forward to. The succession of the segwit2x would be a huge factor for its value to be more expensive that would also make the profit of its users especially the investors, bigger as its value again, go skyrocket.

error08

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It's never too late to buy bitcoin, especially for long term or daily basis use.
It's too early due to bitcoin price may drop back again? I don't think so, depend on your purpose, as bitcoin price tend to increase over time.
Although there will be some correction along the way of bitcoin development, but bitcoin value constantly growing bigger in the end.
Bitcoin created to be an alternative payment method which better than bank transfer in several cases, it's better if your intention get into bitcoin world because its usability, not for instant profit.

BitMaxz

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Quote from: Inkdatar on October 31, 2017, 05:43:33 PM

Quote from: djimbim0 on October 31, 2017, 05:01:17 PM

I think that soon bitcoin will become cheaper by 10-30%. And it will be a very good time to buy coins. Then again there will be growth. And this is an excellent chance to get your profit from bitcoin in a short time

Actually it is never too late to buy bitcoin and still you will earn profit for hodling as long term. For me, bitcoin will still be rising high even we invest today. But in this case, we should move forward for saying always it is late to invest in bitcoin. Instead, have a firm decision and invest in bitcoin surely thing gaining profit will claim.

Even the price of bitcoin is really high now a days i think investing and ignoring the present price expect that you can make profit in the future not this year if ever the price drop again back after nov. 16 we will see the impact of new fork.. Always buying bitcoin is a good idea than you are just waiting for the price to decrease or drop before you buy it will be hard to know the movement of the price of bitcoin there is possibility that the price will be increase more so you can get benefits if the price of bitcoin will increase more..
So is not too late to buy bitcoins nor not too early..

Inkdatar

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Quote from: djimbim0 on October 31, 2017, 05:01:17 PM

I think that soon bitcoin will become cheaper by 10-30%. And it will be a very good time to buy coins. Then again there will be growth. And this is an excellent chance to get your profit from bitcoin in a short time

Actually it is never too late to buy bitcoin and still you will earn profit for hodling as long term. For me, bitcoin will still be rising high even we invest today. But in this case, we should move forward for saying always it is late to invest in bitcoin. Instead, have a firm decision and invest in bitcoin surely thing gaining profit will claim.

hase0278

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Quote from: MaggieDeng on October 31, 2017, 04:02:57 PM

Bitcoin has been soaring over the past few months.
The argument between "is it too late to buy Bitcoin" vs "is it too early to buy Bitcoin" was debating among lots of hedge funds.
Some think there will be a big price correction later at a certain point, the others think the blooming will still continue going on no matter what.

What do you think?

I think it is never too late to buy btc. Even if there will be a big price correction later on, it will just do another pump in the future that will give profit to those who will buy it. It also might continue going on no matter what like what others say. After all, adoption rate is increasing at crazy speeds. Still, I think it is wiser to just hodl for now and sell some later on rather than buying. It is the wiser move because if the expected correction happens, then we will have fiat to debut back again.

swaptaker

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Quote from: MaggieDeng on October 31, 2017, 04:02:57 PM

Bitcoin has been soaring over the past few months.
The argument between "is it too late to buy Bitcoin" vs "is it too early to buy Bitcoin" was debating among lots of hedge funds.
Some think there will be a big price correction later at a certain point, the others think the blooming will still continue going on no matter what.

What do you think?

As human beings, we can never predict the things. There is no early or late for bitcoin. There is only targets and budgets. You may find $6200 as expensive, but other rich people can see this as a buy opportunity. Totally up to you. I would buy more with these prices.

djimbim0

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I think that soon bitcoin will become cheaper by 10-30%. And it will be a very good time to buy coins. Then again there will be growth. And this is an excellent chance to get your profit from bitcoin in a short time

Raimy

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I am sure people were told to wait for a dip to buy back when bitcoin was trading for $1, $20, $100, $1,000, $5,000 and so on. Some maybe are still waiting on that dip. You never know what will happen, but with all the mainstream involvement, Wall Street, potential hedge funds, and investment giants such as Fidelity and Vanguard getting interested, in 2 years time looking back at $6k might be considered cheap.

Shenzou

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It is never too late to start buying bitcoin, people might be afraid of buying 1 btc because it is either too expensive or they won't be able to make profit that will get them back the money they spent, but the thing with bitcoin is you have to be paitent in order to make profit, if you buy it now you might not make a huge profit in a week or a month but eventually you will make profit, and also poeple don't know that the ycould buy any amount they want from the peer to peer bitcoin exchanges.

uszaty43

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Yes of course that it depends on your investment, if you are very afraid of losing money, then dont invest money on bitcoin because you will lose your investment in just matter of weeks, all those people who are afraid of losing their money are the first ones in making mistakes who make them lose their whole portfolio.
But it is still early, if you want to make money just invest now that there is going to be a new fork on a few days, so yes, it is a good time to invest.

soham

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Quote from: MaggieDeng on October 31, 2017, 04:02:57 PM

Bitcoin has been soaring over the past few months.
The argument between "is it too late to buy Bitcoin" vs "is it too early to buy Bitcoin" was debating among lots of hedge funds.
Some think there will be a big price correction later at a certain point, the others think the blooming will still continue going on no matter what.

What do you think?

That actually depends on your investment outlook towards bitcoin. If you are thinking of short term profit, it is better to try day trading in altcoins. There are a lot of youtube videos available to learn trading. But if you have the capability to block your investment for longer term, bitcoin is the best option. No matter what price point you buy it, you can always make profit in longer term.

BUK2016

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Quote from: MaggieDeng on October 31, 2017, 04:02:57 PM

Bitcoin has been soaring over the past few months.
The argument between "is it too late to buy Bitcoin" vs "is it too early to buy Bitcoin" was debating among lots of hedge funds.
Some think there will be a big price correction later at a certain point, the others think the blooming will still continue going on no matter what.

What do you think?

Well it is not too late to buy Bitcoin for all depends on the purpose for which you want to buy Bitcoin. And is never too early to buy Bitcoin because its market value is currently so high as compared to when it was below $1000.
Whatever goes up must come down at some point, time for serious correction may come any time but nobody can tell though, there is need for you to apply your discretion when making an investment decision in crypto currency.

codem0nkey

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I'd wait for a dip then hold long term.

BlockchainGod

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I think that in the long term (2-4 years) price of bitcoin will rise, but right now we are waiting for a correction. Growth cannot be eternal.

maku

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I think we should move on to another topic before we beat this one to death. This question has been answered too many times before, really.
I will ask you one simple question - do you honestly think that current bitcoin's price is the final and definitive price?
Of course, there is no one who will guarantee you that price will be constantly rising, but at this point in time, I can't see the reason for BTC to retreat or crash.

MaggieDeng

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Bitcoin has been soaring over the past few months.
The argument between "is it too late to buy Bitcoin" vs "is it too early to buy Bitcoin" was debating among lots of hedge funds.
Some think there will be a big price correction later at a certain point, the others think the blooming will still continue going on no matter what.

What do you think?

Topic: Is it too early vs late to buy bitcoin? - page 4. (Read 1912 times)