Although the topic created a month ago, I think this question has perpetual succession. Halving took place and we did not see any huge impact in terms of price (-20% was due to hacking scene).
Now, coming back to your question. No one can predict the accurate answer or price level thus you can’t have binary yes or no answer. Since I believe in this technology I buy small amount of bitcoins between specific interval of time and not a whole lot at a time. If you deeply believe that bitcoin has potential of growth then you should go for it otherwise there is no point in investing with my or anyone’s advice.
Topic: Should you buy btc before the Block reward halving? (Read 979 times)
I have no clue what it really does..
http://www.bitcoinblockhalf.com/
But should i buy btc now? many people say btc price will increase because of the halving.
http://www.bitcoinblockhalf.com/
But should i buy btc now? many people say btc price will increase because of the halving.
you should always look at the price and also make up your mind about what you want to do with bitcoin that you have bought.
for example if the price is in a dip (after a down trend) then you should buy without hesitation.
but if it is rising or on the way up and if you want to hold it for a long time (lets say 1 year) then again buy but if you want to do some trading you should wait to buy in another dip.
This is nonsense, what you're saying is "if price is low, buy" but "low" is completely subjective and no one can do anything but guess if it's the right time to buy, don't make it sound like it's an easy and logical thing to do ^^
Its never too late to buy bitcoin, if you wanna quick profit this may be not the best moment to buy, if you wanna and can hold your coins for 6 months to 1 year you will be able to collect some profit, or the risk way would be invest and sell and buy during the readjustements that should occur at bitcoin this year after halving.
At this moment it is risky. Whatever you do make a clear decision. The price is good for buying, but what if people will start dumping?
The same applies for selling, what if the price will go back to 700, like so many had expected?
My choice is to wait patiently for the whales to follow.
Yeah that is the right thing to do as price may fall after the halving so that would be the right time to buy as now I will not prefer to buy but would prefer to hold the coins that I have.
I have no clue what it really does..
http://www.bitcoinblockhalf.com/
But should i buy btc now? many people say btc price will increase because of the halving.
http://www.bitcoinblockhalf.com/
But should i buy btc now? many people say btc price will increase because of the halving.
you should always look at the price and also make up your mind about what you want to do with bitcoin that you have bought.
for example if the price is in a dip (after a down trend) then you should buy without hesitation.
but if it is rising or on the way up and if you want to hold it for a long time (lets say 1 year) then again buy but if you want to do some trading you should wait to buy in another dip.
Its never too late to buy bitcoin, if you wanna quick profit this may be not the best moment to buy, if you wanna and can hold your coins for 6 months to 1 year you will be able to collect some profit, or the risk way would be invest and sell and buy during the readjustements that should occur at bitcoin this year after halving.
At this moment it is risky. Whatever you do make a clear decision. The price is good for buying, but what if people will start dumping?
The same applies for selling, what if the price will go back to 700, like so many had expected?
My choice is to wait patiently for the whales to follow.
Its never too late to buy bitcoin, if you wanna quick profit this may be not the best moment to buy, if you wanna and can hold your coins for 6 months to 1 year you will be able to collect some profit, or the risk way would be invest and sell and buy during the readjustements that should occur at bitcoin this year after halving.
Basic economics tell us that price should increase if demand stays the same and supply drops. But, this is bitcoinland and anything is possible. For the record, I have been buying nonstop with every available penny I can muster.
I have no clue what it really does..
http://www.bitcoinblockhalf.com/
But should i buy btc now? many people say btc price will increase because of the halving.
http://www.bitcoinblockhalf.com/
But should i buy btc now? many people say btc price will increase because of the halving.
My Opinion is, definitly YES...!
The BTC-Price will rise, i think!
I have no clue what it really does..
http://www.bitcoinblockhalf.com/
But should i buy btc now? many people say btc price will increase because of the halving.
http://www.bitcoinblockhalf.com/
But should i buy btc now? many people say btc price will increase because of the halving.
Too late for you to buy bitcoins. Not that im discouraging you from buying it. But, if you are on the profit. You should buy it two to three weeks ago. Nows price is too high and you will have difficulties to reach your desired profit(though you will sure make some). But, no one knows, maybe the price will pump after halving and you can make some profit but not as much as the ones who alreay buy bitcoins last three weeks.
You should have bought some a few weeks before.
Now? No way, it's far too risky. Who can tell if btc current price isn't already overpriced?
Do as you wish but buying here is just a big gamble ^^
Now? No way, it's far too risky. Who can tell if btc current price isn't already overpriced?
Do as you wish but buying here is just a big gamble ^^
If we looked last halving block after halving block was happened price of bitcoin will going down for long time, but if you wanna buy bitcoin for short time you can do it and if you wanna buy bitcoin for long time i think it is bad idea to do it. Because price of bitcoin will going down. It is just my opinion.
Technically, Bitcoin halving should make Bitcoins more valuable, so...
Yes, of course. Buy now. In my opinion.
Yes, of course. Buy now. In my opinion.
This is the right time to buy as much btc as you can. We will reach to the moon veey soon after the halving. Buy and hold your coins now. You will cry afterwards if you dont buy now.
I think it's a good option if he don't buy bitcoin before halving because there still many users expect for the price drop because some or most of the users mindset is just to sell after halving which will result for panic selling and the price would drop, so if the price would drop it will be better for him to buy because he can save some money and also buy bitcoin at a cheap price .
This is the right time to buy as much btc as you can. We will reach to the moon veey soon after the halving. Buy and hold your coins now. You will cry afterwards if you dont buy now.
Well IMO man if you will buy I think you should have bought way back when it was below 500$. For now I think it is not wise to buy bitcoin atm because it's price is unstable. We are so unsure if it will go down or up.
Yeah time of buying as gone now, as only few hours left for halving and I will prefer to buy after the halving is done, right now sitting quietly and watching the price movements.
i really thinks this time everyone should buy some bitcoins as we know clearly that after halving prince is gonna jump quite some steps further. and i see very less chances of market crash
I have no clue what it really does..
http://www.bitcoinblockhalf.com/
But should i buy btc now? many people say btc price will increase because of the halving.
http://www.bitcoinblockhalf.com/
But should i buy btc now? many people say btc price will increase because of the halving.
What we can't expect is that the price of bitcoin is not going to be doubled immediately after the halving, because the reward from 25BTC to 12.5BTC can't affect the market for 50%. We expect a slightly increase after the halving so it is preferred to buy bitcoin but it is not guarantee that people will get profit.
I have no clue what it really does..
http://www.bitcoinblockhalf.com/
But should i buy btc now? many people say btc price will increase because of the halving.
http://www.bitcoinblockhalf.com/
But should i buy btc now? many people say btc price will increase because of the halving.
What it really does is halves the mining reward from 25BTC per block to 12.5BTC per block. Making it more costly to mine bitcoins. Many people believe that this will make the price go higher. Of course, it can still go the other way around, but if you think that it will increase then this is the perfect time to buy.
Well personally I have no idea what kind of market choice I'd recommend, it might be a good idea to buy soon and then sell during/just after the halving, but I currently have no idea what is going to be the best course of action. There might be a bit of a bull run after the halving occurs, but I have no idea and there's a lot of speculation involved.
The only thing that i can tell you bitcoin price is unpredictable you can not know what is the price of bitcoin after block halving.
Its better to wait after block halving if there is any changes for the price spike. .
I feel that the price will reduce after block halving and buy when the price is below 600 value.. and i think we will see the price in few months that the price will hit at 700 value or more..
Its better to wait after block halving if there is any changes for the price spike. .
I feel that the price will reduce after block halving and buy when the price is below 600 value.. and i think we will see the price in few months that the price will hit at 700 value or more..
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