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Topic: Right Time to Buy BTC - page 3. (Read 4039 times)

hero member
Activity: 1134
Merit: 502
January 15, 2017, 06:00:37 PM
#54
The right time to buy is when the price is 800$ below and just wait till the price go up before selling it. Price will go up no matter what, you'll never lose if you will hold your Bitcoin until 1k$ - 2k$ because it will surely come.
newbie
Activity: 40
Merit: 0
January 13, 2017, 03:40:55 PM
#53
Yes buying right now is possible but I think that the price is too high, I think its not super smart to do it right now.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
January 13, 2017, 10:58:16 AM
#52
It's back to $800, so I guess it's not as volatile like a few years back anymore as many would have imagined. The main question now is if the price would still slide again and if so, how low will that be.
hero member
Activity: 798
Merit: 501
January 13, 2017, 09:51:10 AM
#51
You know in the start of previous year 2016, bitcoin was at $300 and than i bought 5 bitcoins, and now recently, i sold them, and i think, i am lucky one, because i get profit from them only holding them. But now bitcoin still have a valuable price. That's why i suggest you, now should wait, because i think may be bitcoin more down, and than you should buy. But it is my thinking, if you want to buy, so that is your choice.    

Wish I had your prediction on how the market would of swung.
Which trading exchange did you use to sell them all at once or did you do small trades with individuals to sell them?
I just don't want to put bitcoin in a exchange then have that profit that you are talking about taken away in fees.
But good timing is everything when it comes to buying and then selling like you did and not any set strategy everybody thinks is needed to do any trading.
legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
January 13, 2017, 09:21:05 AM
#50
You know in the start of previous year 2016, bitcoin was at $300 and than i bought 5 bitcoins, and now recently, i sold them, and i think, i am lucky one, because i get profit from them only holding them. But now bitcoin still have a valuable price. That's why i suggest you, now should wait, because i think may be bitcoin more down, and than you should buy. But it is my thinking, if you want to buy, so that is your choice.   

You may get lucky by timing the market, but is that the right strategy for everybody?
If Bitcoin had soared to $2000, you would look foolish.
If you believe in the long term potential of bitcoin, hold.  Smiley
hero member
Activity: 994
Merit: 502
January 13, 2017, 07:33:43 AM
#49
For now I think is not a good time to buy some BTC since the price is somewhat high but the price now is somewhat reasonable. Also, it is not time to sell since the price ain't that high and it might soar again in the next few weeks. In my opinion, you should just hold now but if you still don't have some bitcoin I guess buy if you want but it is not a very good time to buy now.

Truly the present price is good for a buy, as its not high and not low. The price is quite reasonable as quoted, soon on holding can get a better earning through it. Traders who have been experiencing due to the buying made at the peak price could manage and try to retain the loss if can spend additional time in trading.
legendary
Activity: 2170
Merit: 1427
January 13, 2017, 07:00:06 AM
#48
For now I think is not a good time to buy some BTC since the price is somewhat high but the price now is somewhat reasonable. Also, it is not time to sell since the price ain't that high and it might soar again in the next few weeks. In my opinion, you should just hold now but if you still don't have some bitcoin I guess buy if you want but it is not a very good time to buy now.

Those that haven't got any coins as we speak, are a bit in a frustrated position since (1 they don't know what to do at this point, but (2 the market is not giving any signs of going into whatever direction. That makes it even more difficult for these people. That's why the intentions of the person in question is very important here. Mid/long term - buy now. Short term - it's a gamble. That's why it's always good to never cash out all your coins at once. At these situations these people would have had some coins left to hold, but unfortunately for them, they don't have any.
hero member
Activity: 882
Merit: 544
January 13, 2017, 06:51:06 AM
#47
For now I think is not a good time to buy some BTC since the price is somewhat high but the price now is somewhat reasonable. Also, it is not time to sell since the price ain't that high and it might soar again in the next few weeks. In my opinion, you should just hold now but if you still don't have some bitcoin I guess buy if you want but it is not a very good time to buy now.
hero member
Activity: 714
Merit: 500
January 13, 2017, 05:42:33 AM
#46
So there is no guarantee what will happen to bitcoin price, you have to keep yourself updated regarding all types of news that can effect bitcoin price.
And what type of news are those? On another topic, this was what I intended to ask but so far have not found any suitable answer.
Maybe you could shed some light on it, where do you actually keep an eye on such issues, and going by your statements, if one follows such news, there could be a pattern to it and if we can analyze it well enough, there might be a basis we can get to make the predictions about the price of bitcoin, after every such incident or happening.
But back to this topic, I see it was kind of stable at that value as it is gone up quite a bit now again. So maybe that was the perfect time after all.
 
member
Activity: 123
Merit: 10
January 12, 2017, 07:17:09 PM
#45
Right time to buy bitcoin is not right now the price is not super high but its still high so I think we should wait on  a lower price.

Check news, price is about to go up soon!
member
Activity: 93
Merit: 10
January 12, 2017, 04:24:11 PM
#44
Right time to buy bitcoin is not right now the price is not super high but its still high so I think we should wait on  a lower price.
member
Activity: 123
Merit: 10
January 12, 2017, 04:11:47 PM
#43
You know in the start of previous year 2016, bitcoin was at $300 and than i bought 5 bitcoins, and now recently, i sold them, and i think, i am lucky one, because i get profit from them only holding them. But now bitcoin still have a valuable price. That's why i suggest you, now should wait, because i think may be bitcoin more down, and than you should buy. But it is my thinking, if you want to buy, so that is your choice.   

Wow that was a good call on that.
legendary
Activity: 1232
Merit: 1091
January 12, 2017, 02:08:05 PM
#42
You know in the start of previous year 2016, bitcoin was at $300 and than i bought 5 bitcoins, and now recently, i sold them, and i think, i am lucky one, because i get profit from them only holding them. But now bitcoin still have a valuable price. That's why i suggest you, now should wait, because i think may be bitcoin more down, and than you should buy. But it is my thinking, if you want to buy, so that is your choice.    

If you have some coins already, then it's not really a problem if you wait and not buy. But there are enough people that have sold their coins and are now looking to buy back. It's very simple, the negative price reaction we have seen is over exaggerated. It's just a matter of time people come to sense and start buying back. I hope right now that's already the case as the price is somewhat recovering.
hero member
Activity: 588
Merit: 500
January 12, 2017, 08:29:57 AM
#41
You know in the start of previous year 2016, bitcoin was at $300 and than i bought 5 bitcoins, and now recently, i sold them, and i think, i am lucky one, because i get profit from them only holding them. But now bitcoin still have a valuable price. That's why i suggest you, now should wait, because i think may be bitcoin more down, and than you should buy. But it is my thinking, if you want to buy, so that is your choice.   
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
January 12, 2017, 08:21:31 AM
#40
Is this the right time to buy bitcoin? As of this moment, bitcoin is at $769, almost where it began to rise and went pass $1100.
So is the current value where it will stay on average? I mean it can go down or up but on average do you think it will remain close to this value? If yes, then I'd assume its the best time to purchase some bitcoin.
Your thoughts?

you should say what you want to do, as in what is your plan when making this investment. if you are planning on making some short term profit and sell as soon as possible it is different than if you want to make a long term investment.

for the later it is good for buying now, but for the former you have to be careful after you buy because price can go up or down in short term but long is sure.
hero member
Activity: 826
Merit: 500
Join @Bountycloud for the best bounties!
January 12, 2017, 08:16:14 AM
#39
Wait for few more days or about 1 week than price may get stabalized at some point however i don't think price will go deeper than $750 so if you can wait, wait for some days but if you want to buy than you can buy at current price.

$750 isn't a bottom at all (at least, not yet). We may very well face another round of panic dumps in the coming 24 hours, where we may even end up testing the $700 level. Best thing is to buy with 25% of the money you have for investment purposes at current prices, and save the rest for when the price happens to go down further. If the price goes up from these levels, then you benefit as you have bought yourself some coins already. If the price happens to tank further, then you can benefit in the way that you can buy at even lower prices. It's a win win if you play it right.

Agreed overall.
Furthermore, if you zoom out enough the price charts you will see a clear pattern! The numerous crashes follow huge pumps but evertime it happens we never reach last ATH. It means the price will continue to decrease very slowly until the next pump and crash!

So wait a month or two before buying ^^
legendary
Activity: 2170
Merit: 1427
January 12, 2017, 07:07:19 AM
#38
Wait for few more days or about 1 week than price may get stabalized at some point however i don't think price will go deeper than $750 so if you can wait, wait for some days but if you want to buy than you can buy at current price.

$750 isn't a bottom at all (at least, not yet). We may very well face another round of panic dumps in the coming 24 hours, where we may even end up testing the $700 level. Best thing is to buy with 25% of the money you have for investment purposes at current prices, and save the rest for when the price happens to go down further. If the price goes up from these levels, then you benefit as you have bought yourself some coins already. If the price happens to tank further, then you can benefit in the way that you can buy at even lower prices. It's a win win if you play it right.
hero member
Activity: 994
Merit: 502
January 12, 2017, 07:07:06 AM
#37
Wait for few more days or about 1 week than price may get stabalized at some point however i don't think price will go deeper than $750 so if you can wait, wait for some days but if you want to buy than you can buy at current price.

Buying now will be good for users who were with plans of regular investment from their day job. The price stabilization is expected to happen as the price seems to sustain around the current price of $770. It could be better if the price doesn't go below $750.
legendary
Activity: 966
Merit: 1006
January 12, 2017, 06:46:43 AM
#36
Wait for few more days or about 1 week than price may get stabalized at some point however i don't think price will go deeper than $750 so if you can wait, wait for some days but if you want to buy than you can buy at current price.
sr. member
Activity: 434
Merit: 250
January 12, 2017, 06:22:51 AM
#35
Buying now is probably fine if you plan to hold long term.
Panic seems to be over, I doubt the price would drop more than another $20 or $50 unless some big news came out.
We could easily go back up to the $800-$900 range over the next month or two as people realize the 'news' out of China was nothing.
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