It's probably the oldest question but they still ask it?

magicrypto

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Quote from: fortunecrypto on July 28, 2019, 09:08:30 AM

I have been here for a long time 4 years to be exact but I always stumble this question
"Is this the right time to buy Bitcoin or other top coins in the market" I found out it has been asked since Bitcoin was trading at $1
so when people will stop asking when is the right time to buy Bitcoin.

Never:) And it is good actually, that only means new people come to crypto and start learning about BTC more carefully and more deeply, so they has a lot of doubts and ask more experienced users, it is normal.

Seeker#9

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Only few people know how to look at the trading chart or how to use technical analysis. Some of the investors knew how to use fundamental analysis but it is not always effective in finding the right price for buying. The result is, they always ask even if they already asked it many times in their previous trade. Both newbie and old investors will ask the same questions many times because they have no time to study chart analysis.

zhea

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Quote from: fortunecrypto on July 28, 2019, 09:08:30 AM

I have been here for a long time 4 years to be exact but I always stumble this question
"Is this the right time to buy Bitcoin or other top coins in the market" I found out it has been asked since Bitcoin was trading at $1
so when people will stop asking when is the right time to buy Bitcoin.

The answer to that question would also be "the best time to buy bitcoin is when it's price is a dollar and the second best time to but bitcoin is now". Expect that kind of question from newbies as they don't have idea on the volatility of bitcoin and asking might be some assurance for them that they will not be on the losing end.

swiftbits

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Everybody is curious too, we want to buy coins at the best time, but those threads should be preserved instead to avoid thread duplication, Bitcoin price changes every time as so as the people's predictions, newbies are interested to earn so let's expect to get the same question again.

coin-investor

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People love answering this kind of question over and over again, because this is a good thread to hype or promote coins they are hodling or promoting, this is one of the questions that will be asked over and over again as long as Cryptocurrency is existing and people will not get enough answering it because it's an open question and there are a lot of answers to be given.

Bonwin

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A lot of folks are after profit making. So their no time they will not ask about it. Although, my thought whenever this comes up is that, they may not get the genuine answer from all the replies given, which then means they too will have to do their own research, so as to know when to actually buy.

lienfaye

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Quote from: fortunecrypto on July 28, 2019, 09:08:30 AM

I have been here for a long time 4 years to be exact but I always stumble this question
"Is this the right time to buy Bitcoin or other top coins in the market" I found out it has been asked since Bitcoin was trading at $1
so when people will stop asking when is the right time to buy Bitcoin.

Usually those who ask this questions are newbies who dont know the right timing on when to buy coins. Even the market is declining and the answer is obvious they will still ask.

Well if you engage yourself in crypto educate yourself first on how things work here and how to take advantage the market when its declining.

Its also better to track the past history of the market to see the prices of the coins before and currently.

deodivine1

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People keep asking that question probably because bitcoin and crypto at large is highly volatile. They are being skeptical not to buy and then sudden dip occurs. But in my own opinion, buying now is still early since in coming years, we might not see this current prices again.

Mila52

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More and more people are interested in cryptocurrency as one of the ways to accumulate and preserve capital. Therefore, this old question will be eternal and beginners will not get tired and will not stop asking it. But it’s more important for them when is it more profitable to sell coins )

sgenuine

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Quote from: fortunecrypto on July 28, 2019, 09:08:30 AM

I have been here for a long time 4 years to be exact but I always stumble this question
"Is this the right time to buy Bitcoin or other top coins in the market" I found out it has been asked since Bitcoin was trading at $1
so when people will stop asking when is the right time to buy Bitcoin.

Funny. This question refers to other currencies, traditional more also. People think whether it is more profitable to exchange their national currency for dollars and Euros and when the right time to do it will come. None of these questions has an answer. However, thinking about the high price for BTC in several years, it will be good to buy it now.

stigmacryptonight

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Yeah, this is indeed a question that is often asked by many people. And I don't know whether he really bought or not when many people suggested. You should not ask, you must buy when there is a chance. Because altcoin and bitcoin will always be good going forward.

michellee

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That question will be asked from time to time, and especially so many people need to know about bitcoin. But if they can search from here or from the other side, they will see the answer. That is normal because people have a curiosity for one thing and they will search from another source, and if they cannot find the right answer, they will try to figure it by themselves. In the future, we will see the same question but with other words that will be asked by other members.

rdewilde

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Funny as it sounds but that will be an ever asking question, people will never get tired of asking it. The funny thing is, even after asking and getting the answer they want they might still end up not buying it because they might think it will dump etc. So in my own opinion whether they ask or not of course they will, the greater part is left for them to decide.

Danda23

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Indeed the oldest question, and an ever green question because it never dies, one reason I think people keep asking if it is the right time to buy bitcoin is because they don't trust themselves and also they don't use the charts to see the movement of bitcoin, they totally depend on people whom they think are experts in the field.
Again we have newbies everyday who would want to invest and as such that question would come up.

crwth

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I have encountered a lot of people asking the same questions and they are just repeating it over and over again. I think there are multiple reasons that one person could stop in asking those questions.

Let's start with positive ones first then work our way down:

They have learned trading and different indicators like RSI, MFI, BB, had indicated that it's good/bad to trade now
- That's the time where people start stopped asking because they already know what they are doing and trust themselves enough to decide
People have started learning more about what makes the market change at different prices, what factors to consider when trading and decided to go with the current trend
- They have now the ability to see the bullish and bearish trend, hence they are more confident in deciding for themselves
They focused on other stuff possibly that is still cryptocurrency-related but not in the Buying and Selling part. (Not into trading anymore)

Let's see the negative ones:

They have totally lost interest in cryptocurrency in general
- They probably have lost a lot of money and they are focusing on the news surrounding Bitcoin, they don't trust it anymore

aioc

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Quote from: fortunecrypto on July 28, 2019, 09:08:30 AM

I have been here for a long time 4 years to be exact but I always stumble this question
"Is this the right time to buy Bitcoin or other top coins in the market" I found out it has been asked since Bitcoin was trading at $1
so when people will stop asking when is the right time to buy Bitcoin.

All I'm seeing are newbies and accounts with lower rank, and do not have an idea on when is the right time to buy or enter the market, this question will never stop as long as the market is volatile and many people are still coming in.

Tahdayi

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Quote from: fortunecrypto on July 28, 2019, 09:08:30 AM

I have been here for a long time 4 years to be exact but I always stumble this question
"Is this the right time to buy Bitcoin or other top coins in the market" I found out it has been asked since Bitcoin was trading at $1
so when people will stop asking when is the right time to buy Bitcoin.

Bitcoin should be bought when the market is scary , and I think now we are at the beginning of a bullish trend that can continue for a very long time and I think now we are going to 14000$.

bubislav

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Quote from: bittick on July 28, 2019, 09:48:05 AM

Quote from: fortunecrypto on July 28, 2019, 09:08:30 AM

I have been here for a long time 4 years to be exact but I always stumble this question
"Is this the right time to buy Bitcoin or other top coins in the market" I found out it has been asked since Bitcoin was trading at $1
so when people will stop asking when is the right time to buy Bitcoin.

The problem is the newcomers are never trying to learn more about the trading in the crypto. How to get a good technical and fundamental analysis and they will keep talking about that and this will never stop.

l do agree with your opinion. Overall, every day many people come here to get success and of course get some money. But they want get it disposed and to be frank, it is happens because of indolence. When they won't learn about crypo industry, this will never stop asking about BTC or crypto.

Red-Apple

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not everyone comes out of the womb an expert

normal people need to enter the market and then gain some experience and get their answers, some slower than others and some of them even have to lose some money in a bunch of bad mistakes before they stop being silly.

for example a very common theme is people who jump in this market and start investing in bitcoin and a ton of other altcoins. then slowly they start losing money because of those altcoins while seeing bitcoin price continue go up and see how they are missing out before they stop bag holding altcoins.

baigreen

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I am more than sure that this is spam questions. I don't think they want to know what to do. Or do newbies need investment tips? So he will get them on Yt. Yes, we forgot to forget about the question. What better bitcoin and unknown coin) Grin

And you begin to look for such on CMC and it is somewhere in the 1000-2000 position with a turn of 4-5 to $ And what to answer to such a person )

Topic: It's probably the oldest question but they still ask it? (Read 604 times)