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Topic: Still safe to buy bitcoin? (Read 1695 times)

legendary
Activity: 1134
Merit: 1000
January 10, 2016, 08:55:35 AM
#31
WEll, if BTC will have the same movement as last black friday..... Next year could pay 40$ per BTC  Tongue Roll Eyes Lips sealed Cry

I see that you are not newbie. So must have some knowledge about bitcoin (who has invented it, how can be sent of received bitcoin, where can be stored and other such things of this level). Now is the time to learn something totally new for most of them like you. Which is much more important than your Black Friday on the story of bitcoin. Its name is halving and mean half of bitcoin in the market in the same time compared with before halving. You must fix well this happening because not Black Friday but every kind of color Friday cannot be able to cause the decrease of its price. Or better. Every kind of color friday cannot stop the increase of its price. Maybe can affect it for a while (being all the colors together) but cannot change never its trend.
member
Activity: 364
Merit: 11
January 10, 2016, 08:30:39 AM
#30
WEll, if BTC will have the same movement as last black friday..... Next year could pay 40$ per BTC  Tongue Roll Eyes Lips sealed Cry

It is the next year now. The price is higher than the $40 prediction. I expect the price to rise further.
full member
Activity: 126
Merit: 100
Forex Account Manager
November 27, 2015, 12:17:14 PM
#29
WEll, if BTC will have the same movement as last black friday..... Next year could pay 40$ per BTC  Tongue Roll Eyes Lips sealed Cry
legendary
Activity: 1232
Merit: 1091
November 27, 2015, 12:13:35 PM
#28
How does one know when it is safe to buy bitcoins?

And how much bitcoins would one buy?

Just buy with the money you can afford. If that is $100 for you, then that's a good investment. If you plan to hold your coins with the long term in mind, then the current price is fine for buying. If you are very short term minded, then I advice you to wait a bit.
member
Activity: 364
Merit: 11
November 27, 2015, 03:38:36 AM
#27
How does one know when it is safe to buy bitcoins?

And how much bitcoins would one buy?

That is a question impossible to answer. The bitcoin price is too volatile. Fortunately, the price always rises in a 3 year period.
full member
Activity: 154
Merit: 100
November 25, 2015, 04:44:35 AM
#26
How does one know when it is safe to buy bitcoins?

And how much bitcoins would one buy?
legendary
Activity: 1106
Merit: 1005
October 29, 2015, 01:00:19 PM
#25
I have a question for the trader, now the price of bitcoin in $300 and icontinue increasing and somebody telling that it is manipulate the price of bitcoin and we don't know if suddenly will drop.

 DO you think still safe to buy bitcoin?


$300 might seem a lot now, but it's going to be a whole lot higher than this before long.

Yeah it might drop a little in the next few weeks, or it might not, but it will see $300+ again in the future.
legendary
Activity: 2170
Merit: 1427
October 29, 2015, 06:44:51 AM
#24
I have a question for the trader, now the price of bitcoin in $300 and icontinue increasing and somebody telling that it is manipulate the price of bitcoin and we don't know if suddenly will drop.

 DO you think still safe to buy bitcoin?

For the very short term I say, not really, as the Bitcoin price went up quite a bit in a short time. For the long term I say, hell yeah! If you plan to buy to hold at least a few years, then you will enjoy seeing your coins gain value throughout the years. But you do need patience and steel balls as there will be moments where the price will go down due to panic sellers.
Yes I agree of your advice the current price now is so high and we dont know when it will drop so if im a short term trader of bitcoin I wouldn't buy but im a long term investor of bitcoin so I will buy wat ever the price then if will drop the price I still buy so my average will go down, it that ok strategy?

That's a great strategy! What I do is buying with 50% of the fiat I have for trading purposes, and the other part of the money will be used to buy up more coins when it goes down even more. That allows you to play the market without going all in. Always keep money to buy more when needed.
hero member
Activity: 826
Merit: 1000
October 29, 2015, 06:43:48 AM
#23
It will fall down eventually. We don't know if it'll be in 350$ or 500$. It's up to you, we can't give you investment advice.

yes prices are at over bough zone when we take the time frame it rallied from $230 to $300 levels. So, buying at over bought area only in some occasions may give profits and mostly not recommended by any analyst.
legendary
Activity: 1652
Merit: 1000
October 29, 2015, 06:37:30 AM
#22
i would answer yes
the price has not stopping rise up now so i guess is still safe to buy now and probably in the near future we would reach to $320
Zz
legendary
Activity: 1820
Merit: 1077
October 29, 2015, 06:29:13 AM
#21
It will fall down eventually. We don't know if it'll be in 350$ or 500$. It's up to you, we can't give you investment advice.
zby
legendary
Activity: 1592
Merit: 1001
October 29, 2015, 06:27:29 AM
#20
No risk no play.

The gamble right now is are we out of the 200-300 range? If it starts sliding down here - then we'll probably go back to around 220. If it crosses 316 - then we are out of the 200-300 range and maybe people will buy believing this is the start of a next rally. It that will be enough to really start it is impossible to tell. But on all the previous bubbles it was the same situation.
full member
Activity: 140
Merit: 100
0x7ae5adbc7a0429a49b6e6ed4a8a89ffbbae6125f
October 29, 2015, 06:26:35 AM
#19
I have a question for the trader, now the price of bitcoin in $300 and icontinue increasing and somebody telling that it is manipulate the price of bitcoin and we don't know if suddenly will drop.

 DO you think still safe to buy bitcoin?

For the very short term I say, not really, as the Bitcoin price went up quite a bit in a short time. For the long term I say, hell yeah! If you plan to buy to hold at least a few years, then you will enjoy seeing your coins gain value throughout the years. But you do need patience and steel balls as there will be moments where the price will go down due to panic sellers.
Yes I agree of your advice the current price now is so high and we dont know when it will drop so if im a short term trader of bitcoin I wouldn't buy but im a long term investor of bitcoin so I will buy wat ever the price then if will drop the price I still buy so my average will go down, it that ok strategy?
legendary
Activity: 3206
Merit: 1069
October 29, 2015, 06:24:06 AM
#18
it was safe from above 200 already, no signal of sub 200 by a long shot, ai would by everything from there if i had the money, but since i have acquire bitcoin in other way, it's not needed for me
full member
Activity: 140
Merit: 100
0x7ae5adbc7a0429a49b6e6ed4a8a89ffbbae6125f
October 29, 2015, 06:19:34 AM
#17
As you said that I can buy what I can afford to lost so im planning to buy now with the current price if ever it will drop I will buy again so I can average down the price of btc that I buy in high price.
legendary
Activity: 2170
Merit: 1427
October 29, 2015, 06:17:51 AM
#16
I have a question for the trader, now the price of bitcoin in $300 and icontinue increasing and somebody telling that it is manipulate the price of bitcoin and we don't know if suddenly will drop.

 DO you think still safe to buy bitcoin?

For the very short term I say, not really, as the Bitcoin price went up quite a bit in a short time. For the long term I say, hell yeah! If you plan to buy to hold at least a few years, then you will enjoy seeing your coins gain value throughout the years. But you do need patience and steel balls as there will be moments where the price will go down due to panic sellers.
legendary
Activity: 1652
Merit: 1057
October 29, 2015, 06:12:55 AM
#15
yes! It is good to buy bitcoins. But remember whenever you're going to buy bitcoins (for trading), invest how much you can afford to loss as well as. Because, you should always be ready to gain and loss. Smiley

When you are ready to wait means, nothing would be the wrong amount you can invest in buying bitcoin. I believe with the current upward trend of bitcoin will get you some decent profits in day one itself or more probably in day two. So, buying is now recommended.
member
Activity: 106
Merit: 10
October 29, 2015, 03:59:59 AM
#14
I remember a post in this forum a while back when a BTC was $220, saying I hope there's no excuse for people not buying and hodling, when the price is this low.  Grin

As a person who bought, but not as much as I should have, I hope it will get $200 only once more, and then to the moon.  Cheesy

Selfish, aren't I?  Cool

Not at all... Everybody has to make a living..

On the topic "to buy or not to buy". I think the odds are pretty good that the price will rise in the near future. With those things going on in china, and the halving around the corner. There's never a guarantee tough!
If i had money i could afford to lose, i'd invest it  Smiley
legendary
Activity: 2842
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
October 29, 2015, 03:59:20 AM
#13
If you are ready to wait by still having faith on bitcoin, it's not too late to buy and hold. As per many veterans here, we can see bitcoin prices soon beyond an unimaginable price levels. So, buying now and waiting is recommended.

I guess halving too far before we get into profits with respect to current bitcoin price trend. Once you buy now you will turn into profit in one or two days. So, it's not a big deal and more safer to buy bitcoin with current trend.
hero member
Activity: 886
Merit: 510
October 29, 2015, 03:55:13 AM
#12
I remember a post in this forum a while back when a BTC was $220, saying I hope there's no excuse for people not buying and hodling, when the price is this low.  Grin

As a person who bought, but not as much as I should have, I hope it will get $200 only once more, and then to the moon.  Cheesy

Selfish, aren't I?  Cool
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