The main mistake to avoid is leverage, never mix leveraged FIAT cost with a crypto purchase buy. The reason being is you are setting a ticking clock on your purchase as if you have taken a bet that by a certain time everything will be advantageous for you to sell at this point.
Leverage is also a negative for the community overall as it leads to price inflation and then inevitably the price retracts from the speculation. The advice to buy long term is fair but it has to be capital you no longer require for that moment. Ideally BTC gains people who use the blockchain to send money to people they either owe or wish to pay for services and digital goods, thats the best use as its in encourages further use and indirectly the level of holding rises and also price is likely to rise this way also.
My short term take is we already rose quite alot this year but over the next two years I think similarly we can keep rising. I'm wary when people ask if they should buy expecting to also be selling not that long after, thats not something we accurately answer as price direction is only within a range of probabilities. I think crypto is still a growing sector and is likely to continue to be popular and used, so the long term outlook remains good.
Topic: Is Now the Perfect Time to Buy Bitcoin? - page 2. (Read 907 times)
If you plan to hold for the future, than buy when ever you can. It`s what I`m doing all this years here. I started buying at 2000$! In that time I wanted to have more for investing,
but I didn`t. Same thing I feel entire time, I would like to have more, but I don`t have. I have limited amount of money for investing in crypto-currencies.
Perfect time depends on your plan with Bitcoins you intend to buy. If you plan to buy for short-term holding, you need to choose the perfect time if you want to make quick profit,
if you are buying for long-term holding, than do it when ever you can, don`t wait!
but I didn`t. Same thing I feel entire time, I would like to have more, but I don`t have. I have limited amount of money for investing in crypto-currencies.
Perfect time depends on your plan with Bitcoins you intend to buy. If you plan to buy for short-term holding, you need to choose the perfect time if you want to make quick profit,
if you are buying for long-term holding, than do it when ever you can, don`t wait!
Yeah, I got some as well and I have been collecting eth too because I am thinking that would go back to 200 bucks or so as well. Bitcoin under 10 thousand has always been a great pleasure to buy for me in the past couple months, I feel like this is gonna be one of those times when I wake up with more money than I went to bed and that is the most awesome feeling in the whole world because you were sleeping while your money worked and made more money all by itself.
Right now, buying bitcoin is a short term investment as well as a long term investment, you can make a quick buck from it in the next few weeks, or you can make a lot of money with it if you wait 6-10 months plus you can get super rich if you wait years for it. Basically if you buy right now you can sell whenever you want.
Right now, buying bitcoin is a short term investment as well as a long term investment, you can make a quick buck from it in the next few weeks, or you can make a lot of money with it if you wait 6-10 months plus you can get super rich if you wait years for it. Basically if you buy right now you can sell whenever you want.
With the steady rise and fall of bitcoin, this should be the right time to accumulate more bitcoin cos the bull run would soon take place before this year ends
Yup, just bought some in the dip ....
That's 6% if it bounces back to $10000
With the steady rise and fall of bitcoin, this should be the right time to accumulate more bitcoin cos the bull run would soon take place before this year ends
Although the price has been hovering between $9300 and $11000 but at this time, Bitcoin might dig further as is is showing enough weakness and might not be able to defend the $9300 support this time.
I think he should wait for more as the price wants to go down. Maybe he could place a buy order at $9k just in case if the price is down until that level. It is better to divide his order buy into many level price so his chance to get a lower price in any level will bigger but don't be panic if the price is not reached the price he wants because we never know what will happen later. So I guess this time he needs to observed closely at the market so he can prepare to place the order buy.
Although the price has been hovering between $9300 and $11000 but at this time, Bitcoin might dig further as is is showing enough weakness and might not be able to defend the $9300 support this time.
the current price of bitcoin has continued to decline, I might estimate that the price of bitcoin will decrease until it reaches $ 9500. well, the end of the month always shows the same movement, this is an opportunity to have bitcoin at a pretty cheap price.looking at the situation, most likely, the price of bitcoin in September will rise back to above $ 10,000, and I believe that the price can exceed that, and stable at $ 12,000, or more.
Although the price has been hovering between $9300 and $11000 but at this time, Bitcoin might dig further as is is showing enough weakness and might not be able to defend the $9300 support this time.
Rising BTC puts pressure on the alt coin price quite often, what I've observed is a rise in alt coins after BTC lets off its ascending pattern. Then people take the BTC and the value distributes around the crypto blockchains that surround BTC, but while Bitcoin is still gaining I think its not looking great on the graphs at least. OBviously if you find an alt coin to have its own growth pattern it might defy this, thats possible but rarer to see.
To answer the OP I look at daily bars which I post just a small section just to illustrate we should be looking at current pricing for a bullish hold but only with a stop loss. If BTC fails to hold this current pricing it will fail to satisfy a bullish trend that speculators have been watching. After failing many times we might find a more significant adjustment then just the level of 5% we've seen in the last day.
Watch for a price hold here and then ascending price, if it can do that then its a buy. I would not advise buying on the way down if it does not find a good foot hold here.
The blue line is a simple 50 day average, thats the first target on a rise. I'd hope it can get past that for proper bullish move.
To answer the OP I look at daily bars which I post just a small section just to illustrate we should be looking at current pricing for a bullish hold but only with a stop loss. If BTC fails to hold this current pricing it will fail to satisfy a bullish trend that speculators have been watching. After failing many times we might find a more significant adjustment then just the level of 5% we've seen in the last day.
Watch for a price hold here and then ascending price, if it can do that then its a buy. I would not advise buying on the way down if it does not find a good foot hold here.
The blue line is a simple 50 day average, thats the first target on a rise. I'd hope it can get past that for proper bullish move.
Just sharing that the analytics are projecting a 48k price by the end of the year. This also means that altcoins will be on a huge rise so you may diversify your investment.
Is that would be awesome but $48k is even been far from the reality. We're not even reaching into $20k ever since this year, how about $48k? It possibly we just ended this year at around $15k. We never experience huge pumps yet, though it is quite possible to see it back again but I've never thought that it will showcase this year (hopefully early next year).
Just sharing that the analytics are projecting a 48k price by the end of the year. This also means that altcoins will be on a huge rise so you may diversify your investment.
Currently can not decide, whether this will be a good time to buy Bitcoin. According to my observations that Bitcoin prices are seen to decline again. And I will wait for the Bitcoin price to decline again and at that time I will soon buy Bitcoin.
In 2020 I think Bitcoin will be back pumping, although it is also very difficult to predict. However, I am sure if next year will be a year for Bitcoin and Altcoin.
What makes you predict that prices will go down? at the moment the price is still stable and there is no any confirmed news that will In 2020 I think Bitcoin will be back pumping, although it is also very difficult to predict. However, I am sure if next year will be a year for Bitcoin and Altcoin.
make the price fall. As far as I know, the demand is actually rising because halving will come next year.
Buying bitcoin 10 years ago is the best time to buy it, second best time is now. They say this for trees , best time to plant a tree is 20 years ago, second best time is today.
You are never too late to bitcoin revolution, you could buy from 20k all time high price and you would still be better because it may look half gone right now but it might become double profit in 10 years, never be too late to join because the only stable direction we are going is up, look at the bottoms of each year, you will see that each and every single year we have increased in our bottom price, 2017 had 700 dollar bottom price, this year had only 3.4k , that means overall bitcoin is always increasing, maybe it has bigger ups sometimes but it certainly has less downs with time.
You are never too late to bitcoin revolution, you could buy from 20k all time high price and you would still be better because it may look half gone right now but it might become double profit in 10 years, never be too late to join because the only stable direction we are going is up, look at the bottoms of each year, you will see that each and every single year we have increased in our bottom price, 2017 had 700 dollar bottom price, this year had only 3.4k , that means overall bitcoin is always increasing, maybe it has bigger ups sometimes but it certainly has less downs with time.
If I watch on the bitcoin market at poloniex, I see the order history is not moving slow or fast, but the order buys and sell moving so fast. It makes me wonder and feel strange because the price only changes without any order filled in the order history. I am afraid that after this, we are going to see the price is down because the price change to the lower price so the possibility will be there. But I don't hope to see the price will go lower than $10k because we already reach that price before, but we don't know.
As a trade I think its reasonable to buy right now as we have reacted positively to an ascending trend and passed some short term measures of momentum. However, the target could be as near by as the 50 day average.
Heres yesterdays rise and a fibonacci retracement measure of how we progress since that larger volume occurred.
So long as we make reasonable progress in this measure it should fit into a longer term bounce here. The simple take now would be to have a stop loss should we fail in holding this, I think 10138 would be the area of concern.
Heres yesterdays rise and a fibonacci retracement measure of how we progress since that larger volume occurred.
So long as we make reasonable progress in this measure it should fit into a longer term bounce here. The simple take now would be to have a stop loss should we fail in holding this, I think 10138 would be the area of concern.
the new stable bottom of bitcoin is now 10,000$ and it wont get any lower, and maybe this is the great opportunity to buy bitcoin at the current price.
It was below $10k a while ago, so the bottom price we could get would be $9.8k ish. But, it's not a big deal I think because we can see and predict in the future where Bitcoin's price going to be based on the chart on coinmarketcap. hero member
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That will depend on how you analyze the bitcoin price chart. If your result in analyzing bitcoin price say that it is the perfect time to buy bitcoin, you can buy right now. But if it's not, then you need to analyze deeper than usual to find the other way to buy bitcoin. Maybe you can do analyze deeper when the price is on the red candle so you can find the good time to buy bitcoin because if the candle is red, sometimes we get more clue in detecting the lower price. But still, be careful, and don't buy with huge money because the market can change in anytime.
I got the opinion that you can make money on the growth of bitcoins after launching of one event. I think that the launch of Bitcoin Futures from Bakkt will have a boost for Bitcoin, and maybe it makes sense to buy Bitcoin in September
Not every event that you see will have any effect on the market of cryptocurrency, so don’t expect that news like this must have impact because I still don’t see much of relationship between them, any news that I know will have any effect are such news that usually do make people buy more bitcoin, I mean projects that will cause people to demand for bitcoin, which I don’t see this bakkt project doing that, but without the bakkt project, there are so many development that is going to happen in future which will cause the price of bitcoin to increase more, and so now could still be the best time for anyone to buy bitcoin, and wait for it to grow in future, I think this price might even be the lowest it will fall back to after the bear market. 
Anytime is the best time to buy Bitcoin, just buy it and wait until you get something you have been dreamed so long because that's how Bitcoin's behavior.
the new stable bottom of bitcoin is now 10,000$ and it wont get any lower, and maybe this is the great opportunity to buy bitcoin at the current price. Many price prediction for bitcoin will go below $9k, it can happen so wait until we touch that price. I might have fear in me right now, but I still trust and buy bitcoin for my future.
Prediction is just a prediction but guess what? Bitcoin is back to $10k today, as long as you are really sure with your decision then there is no reason to regret if you lose.
Anytime is the best time to buy Bitcoin, just buy it and wait until you get something you have been dreamed so long because that's how Bitcoin's behavior.
Many price prediction for bitcoin will go below $9k, it can happen so wait until we touch that price. I might have fear in me right now, but I still trust and buy bitcoin for my future.
Prediction is just a prediction but guess what? Bitcoin is back to $10k today, as long as you are really sure with your decision then there is no reason to regret if you lose. Jump to: