Is Now the Perfect Time to Buy Bitcoin? - page 5.

kryptqnick

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Quote from: Artemis3 on August 15, 2019, 10:20:48 AM

Quote from: FinanciallyFreeFox on August 15, 2019, 09:46:31 AM

Quote from: Ryker1 on August 15, 2019, 09:39:41 AM

And also there is new possible ATH coming on bitcoin price that will make the price surge into the market.

Yeah I think we could easily see a new ATH between now and May 2020, and if not then, certainly before May 2021.

2020 is the halving but why one year after? You mean the time it takes for the bulls to wear off? I think that peak is coming at or near the halving, perhaps a bit afterwards but not a whole year later.

While halving is usually associated with the price growing, these two things are not causally related. Moreover, some expect that the World Economic Crisis is on its way, and in 2020 it will hit everyone hard. In that case, Bitcoin might fall along with other assets and take another year to recover. So spring 2021 sounds pretty realistic. Oh, not to mention that some think that Bitcoin is going to fall hard soon, that the bull run of Spring-Summer 2019 is almost over, and we are going to see something below $3k. So yeah, in that case, we are also not going to see Bitcoin rise in 2020.

yazher

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It depends if you really strongly believe that the price will rise to Over $12,000 again. If not, then at least hold it a little longer since it has a very high chance that it will rise again. Mostly at this price rate, it's not a good idea to buy some bitcoin. wait a little longer at least from $8000-$9000 the best price to buy Bitcoin again If you are some big investor.

Anyway, If the price stuck this high then you have nothing to worry about at least you are not losing your investment. Just wait for that perfect timing to sell your Bitcoin and don't be too greedy just remember the volatility of the price can sometimes fatal as it goes down like -$2000 with no warnings when some whales are dumping.

CBANX3

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It's never too late to buy Bitcoin but, as per the current market analysis it favorable time to buy BTC. Bitcoin is oscillating between the range of $9,300 and $13,000 from last that suggest it has found support somewhere near $9k and it will take a high jump to bloom green soon, therefore, as an investment point of view its a very good time to buy Bitcoin.

Reatim

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THis so. Matter of how much you can stand supporting bitcoin?because this trend may last for some time since the consistency of ups and down is really active

I might say this is the perfect time for those who can afford to wait if ever their capital stocked on the value they bought or even become lower.

What is very important if some might buy bitcoin today is the willingness to keep holding even when worst case happen

Webberson

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It has been seen before now that the bitcoin market had its resistance at the 10k range, and this said resistance, is gradually becoming a support range, because it has also been seen in recent times, that price has gone past the 10k value and back. So, putting this into consideration, i would say that now is actually a good time to buy.

kaya11

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Quote from: FinanciallyFreeFox on August 15, 2019, 07:59:09 AM

The price of Bitcoin has been consistently trading between a range of ~$9300 and ~$13,000 consistently for the last two months.

There seems to be very strong support levels at the $9300 range, which we are not too far from.

I've done a bit of technical analysis (see video below) to briefly outline why I think the price of $9,300 (if we hit it) will represent an amazing buying opportunity.

Video here: https://youtu.be/1oQLG62wbyU

This is especially true when the price of Bitcoin over the next several years could be in the hundreds of thousands.

What are other people thinking? It would be great to get other Bitcoin trader's opinions on this.

Whether you agree, or especially if you disagree I'd love to hear your opinion.

This way we can learn and consider a different perspective.

If you are asking me that then I would definitely tell you to buy now, there is no exact date to buy bitcoin, it is better to buy early that to just and wait for you to buy. 10 years from now you would not be regretting your decision of buying a Bitcoin now.

Miklight88

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With leg down on a daily chart I think we still have $8800-$7500 area if the chart follows the normal correction because the big boys in the market can do and undo to prevent this is a short while, but I think we are going that direction and long term holding is every time good to buy btc .

kennen1113

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Quote from: jaocoincrypto18 on August 15, 2019, 11:19:06 PM

Yes indeed it is good time to buy now that instead of worrying that Bitcoin price is suddenly falling then why not consider it as an oppurtunity to buy cheapest Bitcoin? We should not missed this chance as Bitcoin price will just rise up suddenly too making you to regret it.

But if the price of bitcoin didn't rise suddenly and it moved against what you said, going down suddenly, how would you handle it? You will suffer the loss of others or those who believe in you, they will take their own responsibility and suffer the loss on their side, the answer is probably that they should be responsible for themselves. They should even understand that this is a place where everyone is a competitor, so, to make money somewhere, we should try to mobilize ourselves to look for information, to identify everything, no one is more reliable than ourselves, the perfect time to buy bitcoin is up to each audience

maydna

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When bitcoin price can touch $9k price level, then that means the perfect time to buy bitcoin, and I guess that we already have seen that before the price can back to $10k again. But although the price now has touched and back up to $10k, it still a good time to buy bitcoin because we never know if the bitcoin price will increase and hit more than $15k later. Perhaps, we could buy bitcoin in every time the price is down and we the red candle reach the lower price so we could get bitcoin at a low price.

Paulinerims

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As it is projected that btc reaches last year hights again till the end of the year I cant see how it would be a bad investment. Anything around 9k-10k si smart money. If you are a short seller i suggest that you wait for that 9300 support as you said yourself.

jaocoincrypto18

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Yes indeed it is good time to buy now that instead of worrying that Bitcoin price is suddenly falling then why not consider it as an oppurtunity to buy cheapest Bitcoin? We should not missed this chance as Bitcoin price will just rise up suddenly too making you to regret it.

Saltius

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I always say no to this question.
Because I know that a person with strong hands would not ask others such question.

For short, whoever asks this question is not prepared.

rodel caling

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Bitcoin gained value from $ 4000 to $ 13500 very quickly. Then we saw serious setbacks a few times. But I think it's time to go up again. I don't need to think about long-term investment. In the long run, Bitcoin is always profitable.
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Actually your right bitcoin is always profitable. But depends on the hodler's patience specially during the bear market and price is in the lower value as you said 4000$ and now gain quickly at 13500$ So nithing doubt bitcoin is profitable yes this is also aperfect time to buy and invest huge bitcoin before too late because I think the ATH is coming before end of this year.

Ayiranorea

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For short term profiting buying Bitcoin is truly the right choice, but now the buying at a lower price point has been missed. The price fell low to $10000 and now it has bounced back crossing $10400. You could wait, there will be continuous price fluctuation as the market hasn't gained good support level to stay high.

Kemarit

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The price is way above $10,000 now. So if the you didn't take the opportunity when the price seems to be tanking at $9300-$9600 then it's a opportunity lost. That's why this market is really unpredictable and if you are too slow to react and take advantage of every dip to accumulate more Bitcoin then you have to strategized or at least learn from this mistakes. We are still in the period of accumulation and the price could really move next year. So again, take advantage of every buy signal and just rack up as many as you can.

sunsilk

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Quote from: jhongzjhong on August 15, 2019, 02:09:51 PM

Quote from: sunsilk on August 15, 2019, 01:56:00 PM

Others still doesn't see the opportunity that has come. They've kept on looking at the negative impact of this drop but they don't have the initiative to buy when the market seems to be bloody. While the market suffers, there are big players that keeps on accumulating.

When they saw a red number on the market instead of holding they are panicking, just like what happened in these few days when the price of bitcoin went down. Strong hands in this year will take profit when halving comes and perhaps that is near to happen. And that is right, now is the best and perfect time for us to reinvest in bitcoin as long as we can afford it and can hold for a long term or even a year. Bitcoin price now starting to recover the price and I guess we're good at a buying point.

Yeah, that's the normal reaction of most of the people who have invested lately. Their reaction was also our reaction before when we see the market isn't doing well. At least we're done with that part and have learned to become calm in every situation.

Everyone is looking forward for the positive effect of halving. I can't blame those folks that have surrendered and thought that this market can no longer do better. They also can't realize that just several months ago, we came from $3k. Cheesy

jhongzjhong

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Quote from: sunsilk on August 15, 2019, 01:56:00 PM

Others still doesn't see the opportunity that has come. They've kept on looking at the negative impact of this drop but they don't have the initiative to buy when the market seems to be bloody. While the market suffers, there are big players that keeps on accumulating.

When they saw a red number on the market instead of holding they are panicking, just like what happened in these few days when the price of bitcoin went down. Strong hands in this year will take profit when halving comes and perhaps that is near to happen. And that is right, now is the best and perfect time for us to reinvest in bitcoin as long as we can afford it and can hold for a long term or even a year. Bitcoin price now starting to recover the price and I guess we're good at a buying point.

sunsilk

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Others still doesn't see the opportunity that has come. They've kept on looking at the negative impact of this drop but they don't have the initiative to buy when the market seems to be bloody. While the market suffers, there are big players that keeps on accumulating.

They get medias and express on how bad the market is and tells their opinion to discourage most of the people to buy. But in reality, it's been found that they are silently accumulating over these periods.

seoincorporation

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I think today is a great day to buy bitcoin, if you take a look to the price you will find it at $10,000, So, it could easily jump to $11k and give you an instant profit of %10 in a short time. So i would recommend you to buy btc today. It would be a wise move.

Even you can chase $12k for a 20% profit, i don't think it would take more than 2 weeks.

Oceat

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If you look at the chart the lowest price was $9,500 this month, so far the price was constantly declining for a couple of days. From $12,000 to $11,000 and now it has dropped again from $11,000 to $10,000 until $9,500.

I don't know why it is so sudden that the price dropped like this without breaking news, it must be a correction if I'm not wrong.

Topic: Is Now the Perfect Time to Buy Bitcoin? - page 5. (Read 907 times)