Topic: Should I buy my Btc now or wait it dumps a bit ? (Read 1603 times)

At the moment it's a bit of a gamble.
The price is high, yes, but there are a few factors out there that have the capability to effect bitcoin up or downwards.
ETF is one of those factors. Some people say that if the decision is positive you will never be able to buy as cheap as today.
If it's negative price might go down again. But nobody really knows what the decision will be and how the outcome will affect the price.

That should be your choice IMO rather than relying on other opinions, because either can happen at this point. BTC can keep moving up and can fall down - even massively -. Even if someone's advice does hit it wouldn't mean more than little luck at that time IMO.
You should decide it yourself whether you are willing to take a risk now, or wait a little and do further research, and perhaps buy cheaper.

if someone could predict the market accurately, they would be making millions considering how big the BTC market is now.

It is always up to you if you have the ability to take the risk then go. But, if I were you don't buy for now as you can see the price is too high, for me I can't afford to buy in that amount and wanted to buy if the price is below $900 or less, but if you are just after to hold bitcoin as an investment and don't plan to withdraw within the year then go for it, if not then just be patiently wait.

bitcoin will never drop its price more you can see that bitcoin rising its price to higher value and i am sure it will be more profitable for you if you invest your money in bitcoin it will best investment for you and you will be make a big profit in the future.

The price of bitcoin has increased very rapidly these days which is unsustainable for long, so I think an important correction will occur soon. I would expect a price below $1,000 to buy more coins.

A stock, is a share in the value of a company, out there in the real world, making real products, and making real profits. In the case of AMD, they are about to release a great new CPU which will put their brand right back on the map, and then some time down the line, they release a GPU which should do the same thing. Profits and market share should improve significantly, hence the value of their stock should  continue it's broad rise.

Bitcoin, is a share in the value of a cryptographic ledger. A ledger system that is as of yet to offer any practical advantages to end users (not involved with darknet markets or small time fiscal control evaders) over conventional finance, whilst financial institutions are busy developing their own crypto ledger systems.


The point is, for those looking to make a fast buck (most people here), Bitcoin just isn't that good a prospect right now, offering way lower likely net returns with way way more risk than many conventional stocks, with AMD just being one example.

FTFY

We do not know if the price will go down more or the price could be increase more above $1200. We already touch in this price and now the price was decrease back to $1170 and i think better to wait more or buy few in this price and wait for the result in few days if the price was increase more you can gain profit even a small amount but if the price is going to decrease wait for a good timing to buy..

...and looking at the bigger picture, BTC just crept above it's ATH. AMD stock is still only a fraction of it's ATH, even after a 750% run....

.....truth is, AMD been in the shithouse for years, with their lacklustre processors that nobody wants. Next week, AMD release Ryzen, which smokes it's Intel competitors and costs less, in some cases much less. Sure, much of the rise in value based upon the anticipated market reception of Ryzen is already baked in, and for this reason, an investor has got to be looking for pullbacks and/or consolidations before they make their entry, but AMD stock has now got to be seen as being in a bull market. Whilst the big moves (in % profits terms) have already registered, get a pullback to $9, and I could easily see AMD get up to around $40 in the fullness of time.

For AMD, the future is rosy. For Bitcoin, after this Winkledouche ETF, Bitcoin has fuck all going for it except the same old bag of scalability and regulatory issues, not to mention having hit it's ATH on ultra low volume. If Bitcoin even doubled in value, that would be an astounding move that would defy any rational expectations. All the value baked into the Bitcoin price right now is based upon the actions of relatively few heavily invested players in the Bitcoin sphere, in anticipation of a whole load of events that may never happen.......I think Bitcoin will get up to around $1500 in the end before the bull market pops it's clogs and the The Age Of Karhu returns, but man, is it a fucking highly risky investment right now.

We should not invest in something we don’t have an idea of how it works, if you don’t know anything about stocks then you are gambling since you are hoping to win based on your luck alone, if your field of expertise are crypto currencies then that is where you should invest.

That was not true for the last 12 months.
AMD stock outperformed BTC by a long shot (AMD 2$ to 14$ -> 7.5x, BTC from 4xx $ to 1200$ -> 3x).

I think the bitcoin will rise faster than the AMD stock.

Gambling != Investing. The same can happen with fiat. Gamblers lose most of the time, statistically always in the long term.

He was responding to a bullshit troll post by Kwukduck whom you probably have on ignore.

Reading MatTheTwat's post makes me want to put him back on ignore.

When noobs come here earnestly seeking advice, the last thing they need is to be misled by trolls.

Yeah that's right but whatever happens if you purchase bitcoim never ever visit a gambling site and think about investing in it. The reason I had a friend I recommend him to buy bitcoin he was saving for 3 months and then he finally bought 1 btc. Just the next day after he bought he told me everything is gone in gambling.

If we see the graph, there will be some correction to less than $1100 I think. But i can not sure about that because bitcoin price is very difficult to predict correctly.
 So you just have to do what makes you believe you will get profit. Actually, if you are not skilled at trading you need special guidance from a professional trader, actually buy now or wait for prices to go down was not a problem when a professional guide you. You will also take some knowledge of it.

Well if you are watching the market all the time and have quite a bit of experience in bitcoin trading speculation and markets then you kinda might predict whether the price is going to go down or up in like a few hours before the real pump, but it is still really hard to predict the smaller pumps and dumps. Though if the price starts going up really quick and a lot then you might expect the price go down to smaller numbers so you can sell all some of your bitcoins, then when the price gets dumped for like 200 dollars or something you can buy it back as the price has a good chance to go up significantly.

They are open what are you even talking about? Am I missing something?

Don't say that you're a noob everyone starts for nothing wait for a bit bitcoin price will go down till $1000 dollar or below and then start buying or exchange your money into bitcoin and hold them and make profit instantly

Buy AMD stock....far far more upside potential than Bitcoin has with none of the systemic risk.

......(but wait for a pullback in that as well)

The question is when do you know if someone is pumping and dumping？I guess no one can tell until its done and someone admited to have done it. So if you have enough money to buy Bitcoin then go ahead and buy, dont look at the exchange rate and get used to Bitcoins up and down price.

If you can afford to wait then do it the price is too high, wait until we are close to the 1000 price and then buy, if you want be part of bitcoin for a long time you will make money with this approach and if you want to make money on the short term then you will probably make some money too.

The short term can be amazing too if you like to gamble. If the ETF passes, and you buy now, we may see $2,000+, so that's a great short term investment.

Of course, anyone that wants to invest in bitcoin should look at it long term if they want life changing money. In 10 years we will be rich assuming you are holding at least 10+.

some small dumps and the duck appears.
Chinese have lost their place in the market, nobody cares about them buy those who are trying too hard to come up with new FUD and fail.
when and if Chinese exchanges open nobody is going to trade there anymore and everyone has already sold their coins waiting for their fiat to reach their banks.
trust is lost. Chinese are currently trading elsewhere.

When will the chinese exchanges open again ?

For God sake don't buy now.
When the Chinese exchanges open up again you can expect a massive dump. And i mean MASSIVE. We are looking at 50-70% drop in price.

I think it's best for you to wait when it dumped real hard if dumps such as 2013 dump will ever again to bitcoin's price in the near future. It might not be wise to buy at these price ranges since people tends to sell when they see bitcoin touch big price like these maybe they are just waiting for some point to all panic sell so be wise, don't buy now, buy later when it dumped or else there is a little probability that you will profit from your investment.

only invest what you can afford to lose, nobody is guaranteeing you moon and profit, and buy what you think is best and when you think is best.

if you ask me i say go all in bitcoin and forget about the altcoins you mentioned above specially if you are doing the investment in some kind of website instead of buying those coins through an excahnge and keeping in your own wallet.

trusting these services online is a foolish thing these days.

If I had that much invested into crypto I would of put it into a more solid variation instead of questionable ones.
The only one I heard of on that list is blackcoin and that was when I first started. And haven't seen much of it since.
But I am not that much into alt coins so what do I know.
If I to have that much I would of put it into a more known alt like Ethereum or Dash even.
Those look to be good solid investments and will continue to be.

I agree that you will profit if you are willing to wait, but consider that in 1st quartal of 2016 the bitcoin was around 450$, I already know people who bought and profited a lot till now. My point, you never know how much you'll need to wait. Following the trend will surely help you to choose the right time for an investment, but its open market so it's never sure

Just follow topics like:m/2017/02/24/bitcoin-hits-record-high-above-1200-on-talk-of-etf-approval.html] http://www.c[Suspicious link removed]m/2017/02/24/bitcoin-hits-record-high-above-1200-on-talk-of-etf-approval.html

The best way to trade is following the trend. To some extend the op has answer himself. If you want to buy and hold for a short time? Now is not the best time as bitcoin is currently over priced. For long time investment I think you can invest now as  after a pull back to 1100 dollar a New up trend will resume. But if you are a margin trader you can invest anytime.

It totally depends on how much time you can wait. As people told you short term isn't good even I agree to that. If you can wait for 2 years then I can assure you that you will get X2 for your bitcoins.
And also don't worry that you are late the price is just the start of a new era.

You have arrived to that party late. Still if you do not want to miss further, ACT RIGHT AWAY.

But do not buy with all your 10k Euro at one price level. Buy at current price levels for only 1k Euro and wait for 2 days or prices to change +/- $100 then buy again for another 1k Euro. For third and afterward you must wait for price changes to buy again.

This way you will get better buying average at the same time you can be sure you will be in the race.

That is a lot of money to invest into Bitcoin. The first thing you have to decide whether you really want to invest into Bitcoin and for what reason you are doing it. If you are trying to spend it, then there really isn't much use in buying Bitcoin unless you want to be anonymous online. If you want to invest into Bitcoin for storage purposes, i.e waiting for the price to rise, then now is a pretty good time to purchase Bitcoin because the price is quite steadily rising.

Just wait the red candle, in my specylation of the bitcoin will get the another little corection in the future anc you can buy bitcoin. but in this time the price of bitcoin is still on the pump phase. i just think this time is very risky to you for buying bitcoin.

I would not suggest to purchase bitcoin at this price .The price is hanging around the all time high area and if you are planning to invest for the long term then you can very well invest when there is a dip in price.Follow the news and wait for a couple of weeks and if the ETF is approved then the price would cross $1500 . So be wise and invest accordingly .

This is the huge dilemma : conceal my gambleur instict with a project that in long run is winning. i will need discipline patience and education. May God help me !

Thanx for the tips guys.

Nowhere else but on bitcointalk will you hear of a drop in price of an asset referred to as a "dump".  If you hear the phrase "pump and dump", it's always in the context of a scam.  Stop using the word "dump" as signifying a simple dip.

No one can tell you whether to buy now or wait with any accuracy, nor does anyone here know anything about you and your risk appetite.  Do what you feel is right.

Use less as possible fiat. Educate others to do the same if i succeed at least to make profit of course.

At short term :

1) between 10 to 20 % capital here :http://bluemagic.info/funds/extrem-fund/

QUANTITY       VALUE (BTC)   VALUE (USD)   DISTRIBUTION (%)
Digibyte (DGB)   7,017,350   1.473643553   1,742.94   10.37
Vertcoin (VTC)   34,546.73   1.098585855   1,299.34   7.73
Blackcoin (BLK)   69,540.90   1.761470997   2,083.36   12.40
Florincoin (FLO)   300,000.00   1.476   1,745.73   10.39
Viacoin (VIA)   19,816.78   0.6145182703   726.82   4.33
Darcrus (DAR)   44,851.11   1.615088471   1,910.23   11.37
Ubiq (UBQ)   53749.125   1.87476948   2217.366719   13.20

2) 10 % on Qtum Ico + 5% Buurst (Burstnation+trading assets on it, ect...)

3) 5% trading with GunterBot

still thinking for the rest

what do you plan to do after?
if you plan to make a profit in short term and get out and run back to your fiat then wait for a "dip". or better yet don't even invest and stick to your fiat that you love too much

but if you want to be in it for the long haul then invest right now, and don't even look at these tiny fluctuations and the curreny cheap price. buy, wait for a couple of years, then enjoy the riches you gained.

Hi guys....as you see i am a noob but not for longtime...

I have around 10 k euro to invest in cryptos...

Should i buy right now my Btc or wait a bit the price go down ?