Is right now a good time to buy Bitcoin / Ethereum? - page 3.

Omega Weapon

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Quote from: michietn94 on June 19, 2017, 12:06:52 AM

IMO, it's time to buy since I'm heard that after Russia follow Japanese's track, the bubble will happen like before
It's reasonable since there will be a lot of demand and bitcoin value will increase since it's adjusting supply and demand !

Is it the demand for bitcoin as big in Russia as it is in Japan? Because I have my doubts about it, if you are right then we will see the price skyrocket again but I think there is going to be a slowing effect for the UASF that is coming, so I think we may see the price move around the same range for quite some time before investors get confident on bitcoin once again.

South Park

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Quote from: DrGuns4Hands on June 11, 2017, 11:36:08 PM

this time is not the right time to buy bitcoin because bitcoin price right now is too much higher than i expected this past few months i thought bitcoin could reach this amount when this year ending but im wrong so just wait till the drop of price of bitcoin before buying for you to have a good back to your money what you invested

Right now is not the right time if you are only looking for short term profits, if you are looking to be in bitcoin for the long term, then almost any moment is good enough to invest, buy some bitcoin and years later the value of your investment would have multiplied, it is that simple, just forget about the daily variations in price that way you will not be tempted to sell at every dip of the price.

freedomno1

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Quote from: sabriel on June 11, 2017, 02:58:09 PM

Hi,

I know you guys get asked this all the time. I'm new to cryptocurrencies, trading and I've never been involved in any sort of forums before either, so i'm sorry if I've posted in the wrong way.

I'm looking into the happenings at the moment and trying hard to catch up. It is a lot to digest and I think there are important dates coming up that I need to be wary of. It seems July/August are to be big dates for Bitcoin and I am trying to understand if i have already missed the boat and if the risk/reward is too high/low.

Am I right in thinking that the value of bitcoin could swing either way with a 50/50 chance after this date?

Is the current general thought for investors that after August, there might be a large dip, but it should recover to eventually get our 500k valuation (in a long way off), or if it goes south would it be dead in the water?

With the current spikes and new all time highs in the price, would I be buying in too high at this point?

Would i be better to buy as much as I can before these dates or would it be safer to wait until after and then buy in?

Sorry if have some misinformation.

Thank you for your time!

You posted fine, people should ask questions that's what the forum is for and your's was better made than most ^^.
The risk reward is about the right amount for the current pinpoint in time depending on what happens to Bitcoin, the best time to buy it was in 2011 the next best time is today and hope for the best in the long run.
You are correct in that the odds are 50/50 after that date but only to a certain point past that date as long as it stabilizes new users will bring more value to the system and the price will easily exceed the current prices so the point is your time horizon if you want to hedge ETH is a reasonable fund to keep value in.
I would say to buy some now and some later since it doesn't hurt to hedge best of luck.

ultrloa

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Quote from: batang_bitcoin on June 19, 2017, 09:17:55 PM

Quote from: phr0stbyt3 on June 19, 2017, 04:46:29 PM

I don't follow all the altcoins so I'm sure if you should buy ethereum but speaking of bitcoin it surely is a good time to purchase and save it for the future. The problem that the price is low for a week is investors are scared price may drop more but seeing the charts it looks like a clear growth to me

Me either and I will always go with bitcoin. But if you want to invest to ETH, it's also a good decision as it did really grow a lot for this year. The same thing you will do with ETH, you'll hold and sell. Both markets are volatile but frankly speaking bitcoin is more promising to my eyes so I will not going to leave bitcoin and will buy when at dip.

That is surely the top 1 choice of majority here but if we could split up our balances and do some short trades on the other half surely staking will be more worthfull since we can generate more profits by this since as you can track its movement surely you can see the flashy movement of bitcoins right on. And ETH is better for long term holding since this one is promising coin and surely it will hit up hard in future.

Netnox

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Right now, the prices are down because of the Bitcoin scaling issue. There is a good chance that this issue will be resolved in the near future. If that happens, then the prices will increase steeply. So keeping this in mind, I would advice you to purchase as many Bitcoins as possible. And right now, I can't make any predictions about Ethereum.

iqlimasyadiqa

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At any time in my opinion is the right time to buy bitcoin / etherum. This is a lucrative investment of course. Because all digital currencies are projected to have an increasing price. So if we can sell it at a high price later then it is a chance to make a profit. Bitcoin and etherum are 2 digital currencies that have the best market today.

coin@coin

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Anytime is a good time to buy and jump on the bandwagon.

The theory says buy low sell high. But in crypto we saw time and time again that holders usually profit the most, of course with BTC and ETH, there are plenty other coins that have no reason to exist.

However so long as you are aware you may lose what you put into cryptocurrencies all you need is to make your choice.

Crypto is like any other investment, do your research first and see what is best for you in terms of potential ROI and risks associated with your choice.

batang_bitcoin

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Quote from: phr0stbyt3 on June 19, 2017, 04:46:29 PM

I don't follow all the altcoins so I'm sure if you should buy ethereum but speaking of bitcoin it surely is a good time to purchase and save it for the future. The problem that the price is low for a week is investors are scared price may drop more but seeing the charts it looks like a clear growth to me

Me either and I will always go with bitcoin. But if you want to invest to ETH, it's also a good decision as it did really grow a lot for this year. The same thing you will do with ETH, you'll hold and sell. Both markets are volatile but frankly speaking bitcoin is more promising to my eyes so I will not going to leave bitcoin and will buy when at dip.

aTriz

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Quote from: sabriel on June 11, 2017, 02:58:09 PM

Hi,

I know you guys get asked this all the time. I'm new to cryptocurrencies, trading and I've never been involved in any sort of forums before either, so i'm sorry if I've posted in the wrong way.

I'm looking into the happenings at the moment and trying hard to catch up. It is a lot to digest and I think there are important dates coming up that I need to be wary of. It seems July/August are to be big dates for Bitcoin and I am trying to understand if i have already missed the boat and if the risk/reward is too high/low.

Am I right in thinking that the value of bitcoin could swing either way with a 50/50 chance after this date?

Is the current general thought for investors that after August, there might be a large dip, but it should recover to eventually get our 500k valuation (in a long way off), or if it goes south would it be dead in the water?

With the current spikes and new all time highs in the price, would I be buying in too high at this point?

Would i be better to buy as much as I can before these dates or would it be safer to wait until after and then buy in?

Sorry if have some misinformation.

Thank you for your time!

The answer to this question is all the same, Bitcoin in whole is a good investment option, but like most investments it doesn't come risk free.

At this point I would have thought that the price of bitcoin would be much lower and I probably would have bought some if the price was lower, but since the price is pretty high right now, I would expect a drop in price sometime soon, maybe in around the next 3 months I wouldn’t be surprised.

Try waiting for a bit of time for when bitcoin does eventually drop and then invest and sell that later when bitcoin recovers again. By my estimations, I think that bitcoin should rise above 3k at the end of this year. Looks like a good time to invest into bitcoin when it drops eventually. I still think that bitcoin will recover from any losses. Good Luck!

phr0stbyt3

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I don't follow all the altcoins so I'm sure if you should buy ethereum but speaking of bitcoin it surely is a good time to purchase and save it for the future. The problem that the price is low for a week is investors are scared price may drop more but seeing the charts it looks like a clear growth to me

olushakes

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For Ethereum, I would still go all in but in the case of bitcoin, I would want to be more cautious because of the erratic behaviour of prices in this last few days call for caution and the uncertainty surrounding whether SegWit or not. But for ETH, price might not be stable but no major decision to be taken at least in the short term.

Forester78

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Quote from: jerowacik on June 19, 2017, 06:27:04 AM

Quote from: Fredomago on June 19, 2017, 06:02:23 AM

Quote from: malata on June 19, 2017, 12:09:28 AM

Well obviously at the time OP posted it was a bad time to buy since its dumped since. I think now is good though because both btc and eth are overdue for a pump in the short term and their medium and long term prospects are also great.

well its a good timing if OP bought some while the value is falling and wait for the value rise back and make a good profits
its just a matter of timing and project like this usually have some support and pumped will happen anytime soon.

I agree with you . The right timing can provide satisfactory results. Although a coin has a very good pump, but when we make decisions in timings that are not right then the result will not satisfy.

Very often beginners make the wrong decision about buying coins and then lose money. They need just a little patience to make their investments bring them profit. But many can not wait, are disappointed in the cryptocurrency and leave with the bitcoin community
But I'm sure that it's not too late to buy a cryptocurrency

Nahl

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some people says August is the important month for bitcoin and honestly i don't really understand what they really means but ETH and Bitcoin still good to buy currently but if you aren't sure about them you could do short term trading and takes advantages from the movement price daily untill see the next situations regarding them

audaciousbeing

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Quote from: sabriel on June 11, 2017, 02:58:09 PM

Hi,

I know you guys get asked this all the time. I'm new to cryptocurrencies, trading and I've never been involved in any sort of forums before either, so i'm sorry if I've posted in the wrong way.

I'm looking into the happenings at the moment and trying hard to catch up. It is a lot to digest and I think there are important dates coming up that I need to be wary of. It seems July/August are to be big dates for Bitcoin and I am trying to understand if i have already missed the boat and if the risk/reward is too high/low.

Am I right in thinking that the value of bitcoin could swing either way with a 50/50 chance after this date?

Is the current general thought for investors that after August, there might be a large dip, but it should recover to eventually get our 500k valuation (in a long way off), or if it goes south would it be dead in the water?

With the current spikes and new all time highs in the price, would I be buying in too high at this point?

Would i be better to buy as much as I can before these dates or would it be safer to wait until after and then buy in?

Sorry if have some misinformation.

Thank you for your time!

Like I always maintained that every time is the right time to buy so far you can afford it no matter the amount because there will always be room for improvement even for established fiat currencies world wide, there is still foreign exchange market where these currencies are being traded against each other and profits are being made without any form of end in sight compared to bitcoin which is an evolving currency and penetration is still in high gear to the maximum.

Obito

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Quote from: Fredomago on June 19, 2017, 06:02:23 AM

Quote from: malata on June 19, 2017, 12:09:28 AM

Well obviously at the time OP posted it was a bad time to buy since its dumped since. I think now is good though because both btc and eth are overdue for a pump in the short term and their medium and long term prospects are also great.

well its a good timing if OP bought some while the value is falling and wait for the value rise back and make a good profits
its just a matter of timing and project like this usually have some support and pumped will happen anytime soon.

Definitely, I think it is the right time to buy some bitcoins since its price was not that big. It is better to buy bitcoin if it has small value because you could buy more and when the time that has a chance to pump you will get a higher profit. My advice is to hold it for a long time for a better result and you will not regret it.

jerowacik

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Quote from: Fredomago on June 19, 2017, 06:02:23 AM

Quote from: malata on June 19, 2017, 12:09:28 AM

Well obviously at the time OP posted it was a bad time to buy since its dumped since. I think now is good though because both btc and eth are overdue for a pump in the short term and their medium and long term prospects are also great.

well its a good timing if OP bought some while the value is falling and wait for the value rise back and make a good profits
its just a matter of timing and project like this usually have some support and pumped will happen anytime soon.

I agree with you . The right timing can provide satisfactory results. Although a coin has a very good pump, but when we make decisions in timings that are not right then the result will not satisfy.

Fredomago

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Quote from: malata on June 19, 2017, 12:09:28 AM

Well obviously at the time OP posted it was a bad time to buy since its dumped since. I think now is good though because both btc and eth are overdue for a pump in the short term and their medium and long term prospects are also great.

well its a good timing if OP bought some while the value is falling and wait for the value rise back and make a good profits
its just a matter of timing and project like this usually have some support and pumped will happen anytime soon.

JackTheReaper

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Quote from: sabriel on June 13, 2017, 12:24:43 PM

I am only looking to put in about £200 worth into crypto at the moment as I want to learn more about it. Is this too little to buy bitcoin with? Should you only buy bitcoin if you can afford at least 1 btc?

I cannot guarantee the exact price of £200 worth into cryptocurrency but in the current values of BTC right now, that's less than 1 BTC. And no its your choice to buy whether you can or you cannot afford at least 1 BTC.

Denker

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Quote from: malata on June 19, 2017, 12:09:28 AM

Well obviously at the time OP posted it was a bad time to buy since its dumped since. I think now is good though because both btc and eth are overdue for a pump in the short term and their medium and long term prospects are also great.

You buy when price seems to have find a bottom on a certain level of a downwards move. Traders call this BTFD "buy the f***ing dip".Or you buy constantly a bit of BTC no matter what the price is, if you believe it will go up in the long run due to it's fundamentals. These are just two possibilities when/why you can/should buy. There are a few more and many people have different reasons to do so, depending on their investment/trading strategy.

malata

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Well obviously at the time OP posted it was a bad time to buy since its dumped since. I think now is good though because both btc and eth are overdue for a pump in the short term and their medium and long term prospects are also great.

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