should I buy now? - page 5. | Bitcointalksearch.org

rijaljun

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Quote from: bitvalak on January 22, 2020, 02:49:41 AM

You can buy bitcoin now if you have some money for your daily needs. Don't spend all your money on investments because you also have to be able to manage your money for daily needs.

Nobody needs this kind of advice cause without you suggest so, they will always consider their daily expenses before allocating their money for investment. Well, unless they are crazy and stupid!

yulionoo

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Quote from: Robdwny on January 21, 2020, 08:33:11 AM

I did buy in bitcoin over a month ago 7k the plan is to be a long-term hold. Now I have about 20% more to buy in with, with the prices so high and everything I was going to buy some Altcoins Mainly Ethereum Or more bitcoin.
This Is the hard part of my plan trying to figure out should I just hold onto the cash in my account and see what the prices do?

if you want to use bitcoin for a long term investment I think this is a good time to buy. the current price of bitcoin is $ 8,600. if this year's prediction of bitcoin can reach $ 15,000 by the end of the year then the price of $ 8600 is quite low. and if after buying bitcoin has decreased do not panic if because after the decline bitcoin will definitely pump again. we just need to be patient and stay calm.

Landak

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if you can manage it, try doing both, buying bitcoin and holding cash in your account. don't risk all your money into one thing that you still doubt even though it "looks" promising.
right now btc and altcoin prices are suitable to buy, try to buy even a little and wait until next month the crypto market should be very bright because I'm sure bullish will happen.

bitvalak

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You can buy bitcoin now if you have some money for your daily needs. Don't spend all your money on investments because you also have to be able to manage your money for daily needs. If you patiently wait until May 2020 when halving then that is also good, because usually there is a short decrease when after halving then prices continue the long bullish trend.

killerfrost

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Quote from: DeathAngel on January 21, 2020, 08:44:28 AM

If you can buy & HODL until the end of 2021 with no personal need to sell then yes, now is a great time to buy.
The halving is in May 2020 so you’re almost guaranteed nice profits at the end of 2021.

Why are we waiting until the end of 2021? Halving will begin this year and prices will certainly go ahead before halving. The time for us to get the most profit is before halving happens, so we should sell Bitcoin in April or May. No need to wait too long because the price could collapse later when halving, like LTC halving in 2019

plvbob0070

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Quote from: DeathAngel on January 21, 2020, 08:44:28 AM

If you can buy & HODL until the end of 2021 with no personal need to sell then yes, now is a great time to buy.
The halving is in May 2020 so you’re almost guaranteed nice profits at the end of 2021.

The result of bitcoin halving this coming May 2020 still not have an assurance that we can earn good profit. If ever the result is just like the past result of halving on year 2016 maybe by the end of 2021 we can really expect a new bull market. Since we talking about halving maybe we should wait for it's result but if you really believe that it will pump after the halving maybe this is the best time to buy. Aside from that, to the OP do not only focus in bitcoin because there are many altcoins that will brings you an income that's why you should also invested to them.

xvids

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Quote from: Robdwny on January 21, 2020, 08:33:11 AM

I did buy in bitcoin over a month ago 7k the plan is to be a long-term hold. Now I have about 20% more to buy in with, with the prices so high and everything I was going to buy some Altcoins Mainly Ethereum Or more bitcoin.
This Is the hard part of my plan trying to figure out should I just hold onto the cash in my account and see what the prices do?

If it's for a long term hold then I guess it is a good choice to buy some while you can and hold it.
We don't know what would happen in the near future the price could drop down or rise up,
But I believe that in the future there would be more investor so the demand would increase so does the price.

206 bones

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I suggest you do DCA (dollar-cost averging) only on BTC with whatever amount you can save for the long term. But make sure you buy before May. After that just put the seatbelt & ride the wave.

outatime1

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If you bought Bitcoin only last time with 80%, then I think it's not a bad idea to invest the other 20% in Etherium. I think its smart to diversify and there's no guarantee which one of these will have the best performance over the next year.

Savemore

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Quote from: DevilSlayer on January 21, 2020, 08:06:59 PM

Majority of the answers will say yes to you if you will ask if you should buy bitcoin now. Always remember that there is a right time to buy bitcoin, you should not just buy because someone's tells you should buy quickly. Timing is important in executing your order. I prefer to you to buy if there is gonna be another breakout but you should also place a stop loss where you can cut your posistion if your expectation did not happen.

It is not good to follow someones advice specially if someones telling us to just buy bitcoin. Most of the opinions are just pure speculation and not came from technical analysis. I only trusting my self because I'm the one who will decide in the last. For those traders who lose in trading because they follow the tips of the others, just blame yourself because the one who gives to you are doesn't have liability in you. That is why we should just rely in our knowledge when we are trading.

DevilSlayer

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Majority of the answers will say yes to you if you will ask if you should buy bitcoin now. Always remember that there is a right time to buy bitcoin, you should not just buy because someone's tells you should buy quickly. Timing is important in executing your order. I prefer to you to buy if there is gonna be another breakout but you should also place a stop loss where you can cut your posistion if your expectation did not happen.

nydiacaskey01

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Everyday is a good day to buy Bitcoins, even when the price of Bitcoin reached $19,000 USD, at that point in time, its still good to buy because after you bought at $19,000 USD there are still people out there who wants to buy at a higher price because of the demand but of course, you cant do that now. Bitcoin is good for long term and short term holding. If I have extra funds, I will set aside a separate amount of Bitcoin that I will hold for a long time and for short term trading.

Yamifoud

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Quote from: Robdwny on January 21, 2020, 08:33:11 AM

I did buy in bitcoin over a month ago 7k the plan is to be a long-term hold. Now I have about 20% more to buy in with, with the prices so high and everything I was going to buy some Altcoins Mainly Ethereum Or more bitcoin.
This Is the hard part of my plan trying to figure out should I just hold onto the cash in my account and see what the prices do?

Bitcoin and ETH are the top cryptos in the market, you'll never have to be in doubt nor to regrets investing them. The price isn't really high at this point, it is better to grab this opportunity before it has gone.

Look at the price trend, it keeps moving high slowly but what this it implies is that we are headed for a high price. If we invest/buy it now, we can surely make gains later which I'd think that we don't need this chance passed by or have regrets later.

ScamViruS

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If you have extra money to invest then you can buy. Another thing, buy with the purpose of long term. Because the risk is lower in long term investments. Even if the market is down for a while. Recovery is done within a time. Currently Bitcoin prices are in a place that is not clear. The price may rise and may fall againI'll buy it here. Because I must think long term hold.

sunsilk

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Bitcoin again showed a good price to buy and it is $8554. It has reached $9,000 a few days ago and if you think that it's a cheaper price to buy right now just do it. It is hard if you are letting others decide what to do with your money.

But if since you are just asking about our suggestions, most will say that it's now a time to buy and as usual, any time it is if you're buying bitcoin and you are long.

pixie85

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I can tell you how I'm buying. I never buy when it's going up and always buy when it falls low. Some people say you should jump on the train but for me this isn't the right way to invest. I invest when Bitcoin falls to 40% of ATH or lower and I sell when it goes up to 60% of ATH or higher.

At this point I wouldn't buy but I'm currently stacked so I don't need more BTC. You also have some Bitcoins so keep your money for when it falls. This way you will be ready for both: a big move up and a big move down.

Zionatin

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MY best advice is to never listen to others. always listen to yourself. What is profitable for one person may not be for another. Investment is suited on individual bases. You cannot compare to others as they are different from you and have a different situation and financial status. Do it for yourself and stop comparing yourself to others around you. This is the best advice. as soon as you start following trends and others you will lose money. Unless you predict what other people are going to do and go with that. Like if you know a coin is going into hype mode and is recently being discussed then it might be worth investing in. Other than that don't pay too much attention to what others are doing.

ReiMomo

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Quote from: Robdwny on January 21, 2020, 08:33:11 AM

I did buy in bitcoin over a month ago 7k the plan is to be a long-term hold. Now I have about 20% more to buy in with, with the prices so high and everything I was going to buy some Altcoins Mainly Ethereum Or more bitcoin.
This Is the hard part of my plan trying to figure out should I just hold onto the cash in my account and see what the prices do?

Just set a limit of profit when you are going to cut it off. I dont think buying other altcoins is a good idea because I prefer bitcoin holding no matter what happen on the market. Because I believed that someday bitcoin price will go up. That is the hardest part of buying crypto and you should decide in the right action. The perfect timing of buying bitcoin is a good action that we should have. But if not, keep on holding until your profit was there.

Juggy777

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Quote from: btc_angela on January 21, 2020, 09:04:33 AM

Quote from: Robdwny on January 21, 2020, 08:33:11 AM

I did buy in bitcoin over a month ago 7k the plan is to be a long-term hold. Now I have about 20% more to buy in with, with the prices so high and everything I was going to buy some Altcoins Mainly Ethereum Or more bitcoin.
This Is the hard part of my plan trying to figure out should I just hold onto the cash in my account and see what the prices do?

Well I have been waiting for the price to go to $6k at least, but I think it won't go down that far.

It's too bad that I didn't go in when the price is still cheap, because that time I don't have the funds yet. But last week I suddenly have a good win in a land base casino and I'm thinking to invest it on bitcoin. Sadly the price is too high, at least at this moment. I know your dilemma, but I'm not giving you financial advise because I'm also confused whether I should buy or not.

@Robdwny it’s very difficult to answer this question because there’s mixed sentiments in the crypto market, and bitcoin prices have remained fixed at $8600 levels with no clear indication whether prices will shoot up or fall down. However since you’re planning to hold it for the long term you can buy small amounts of bitcoins now, and if it falls down then buy it again this way you’ll have a nice average in the long run. @btc_angela it’s all right to have this dilemma, but as I have suggested above you can always buy small quantities, and buy more if prices drop and then hold it for the long term hope this helps.

MancyZz

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Quote from: Robdwny on January 21, 2020, 08:33:11 AM

I did buy in bitcoin over a month ago 7k the plan is to be a long-term hold. Now I have about 20% more to buy in with, with the prices so high and everything I was going to buy some Altcoins Mainly Ethereum Or more bitcoin.
This Is the hard part of my plan trying to figure out should I just hold onto the cash in my account and see what the prices do?

for now better see the market condition because the market look stable and you can not take profit short term, for investment long term still has risk. because still not alerts about bitcoin price go to up or down in the next. so better to save your money in your account than high risk for the right now.
if the market conditions seen good alerts you can buy some coins do you want.

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