Topic: The BEST time to buy bitcoin is not there yet,but coming soon, don't miss it ! - page 2. (Read 910 times)
February 15, 2019, 11:52:55 PM
Different forms of price predictions come forward with different sample numbers or surveys, with that from my view the bull run is yet to start. Same time the market won't be that bearish to buy at a much low bottom. Market has gained good support volume, so it is good to invest than waiting. Probably market will continue with the green trend for a longer time and reach $4000 before the ongoing month end.
February 15, 2019, 03:14:01 PM
but those people are still waiting going by that strategy, and probably won't be buying back in until its at $6k anyway to confirm that its not a bull trap, so no real difference.
With the long term MAs descending into the low $5,000s and $4,000s, it doesn't look like $6K will be the top of any accumulation range. Chances are, we won't see it for a long time. If you're correct and the bottom is in, maybe towards the end of the year. That leaves ample time to wait for a more bullish price structure.
If $5K is the top of the range (much more likely than $6K), then buying a break and successful retest of that level would be a lower price than buying and holding above $6K last year. More importantly, you're likely to see immediate returns rather than bagholding with a nasty drawdown for more than a year.
And if you're wrong and we end up going to $1,500 from here or something, waiting pays off big time yet again. It's win-win to wait.
People can have whatever investment strategy they want, but you're guaranteed to get less bitcoin for you money by waiting until the price has been rising for a while to confirm the bull run started that simply by for months along the bottom.
That's not true. It all depends where the price rises from. The people who have been calling bottoms all the way down will have much worse average entries than people who still haven't bought.
February 15, 2019, 12:43:50 PM
this all sounds cool assuming we have already bottomed, you see getting in too early can get you more bitcoin than getting in "safe" but it can also screw you over, if you have already spend most of fiat on btc at 3.5k range, what is your plan if the price drops to 1k?
February 15, 2019, 12:27:40 AM
besides, could you guarantee price is going to fall when it was $6000+? so buying was logical.
buying at 6k was very logical , worked out through out the year of 2018, however not selling when we broke the support was stupid, sorry for the word but it was clear as day.
i mentioned this here > https://bitcointalk.org/index.php?topic=5071613.120
and many people were mocking me for saying we are most likely headed to 3000-3100 , by simply using the ABC of charts. we went almost 50% down in price and some lambo boys are still waiting, i am pretty sure everyone who knows the basic of charting sold out by then, the massive drop explains it, the noobs however keep blaming the whales , same thing the noobs doing now, shorting bitcoin just above a major support.
all in all everybody has got his strategy, and my strategy says " don't put your money in an asset that is not going to move anytime soon".
i somewhat agree with the bold part because that is very true only for traders but false for everyone else. you see we all know exchanges are not safest places to use no matter where they are that is why many choose to be investors not traders. and they stay away from exchanges as much as they can.
with that said if you are a trader you should have sold before the $6k was broken. instead you should have sold when you saw the FUD start up with BSV fork attack and the whales begin getting ready to dump. when the dump came it was already too late.
additionally i strongly disagree with you suggesting you can predict the bottom by using "charts". it has never worked and it will never work in the future either. because these things can't be seen on the charts.
February 14, 2019, 09:28:09 PM
besides, could you guarantee price is going to fall when it was $6000+? so buying was logical.
buying at 6k was very logical , worked out through out the year of 2018, however not selling when we broke the support was stupid, sorry for the word but it was clear as day.
i mentioned this here > https://bitcointalk.org/index.php?topic=5071613.120
and many people were mocking me for saying we are most likely headed to 3000-3100 , by simply using the ABC of charts. we went almost 50% down in price and some lambo boys are still waiting, i am pretty sure everyone who knows the basic of charting sold out by then, the massive drop explains it, the noobs however keep blaming the whales , same thing the noobs doing now, shorting bitcoin just above a major support.
all in all everybody has got his strategy, and my strategy says " don't put your money in an asset that is not going to move anytime soon".
cool. my strategy is get the most bitcoin for my money. don't really care if it takes 6+ months before the price starts moving up again because I know I'm gonna be holding it for probably 3 years until the next boom is in full swing. I'd rather hold bitcoin an extra half year and get more of it, thus getting much more value, then holding it for less time but losing out on 30% - 50% by waiting for the bull run to have already started. I'm got an average buy in of under $3500 right now and I've already picked up probably about 80% of the bitcoin that i will pick up along this bottom. So I'm loving accumulating along the bottom!
February 14, 2019, 09:24:08 PM
if you think 300$ is a upward signal that you shouldn't be missing, good luck , you gonna need it.
That's funny. Bitcoin was stable in $6ks for months, and dumped to $3ks like over-fucking-night. Now bitcoin rose $300 to the mid $3ks you think that's a reason to fomo? gtfoi think you misread him. he's definitely not saying to fomo. i'm pretty sure he would agree with you.
besides, could you guarantee price is going to fall when it was $6000+? so buying was logical.
only if your biggest concern is losing coins. if your biggest concern is retaining USD value, then it usually makes sense to wait for confirmation of a bull trend first. people who waited on the sidelines instead of buying off $6k benefitted greatly by waiting.
but those people are still waiting going by that strategy, and probably won't be buying back in until its at $6k anyway to confirm that its not a bull trap, so no real difference. Though there's a big difference between buying now and buying in higher once bull market has started.
People can have whatever investment strategy they want, but you're guaranteed to get less bitcoin for you money by waiting until the price has been rising for a while to confirm the bull run started that simply by for months along the bottom.
February 14, 2019, 08:09:13 PM
besides, could you guarantee price is going to fall when it was $6000+? so buying was logical.
buying at 6k was very logical , worked out through out the year of 2018, however not selling when we broke the support was stupid, sorry for the word but it was clear as day.
i mentioned this here > https://bitcointalk.org/index.php?topic=5071613.120
and many people were mocking me for saying we are most likely headed to 3000-3100 , by simply using the ABC of charts. we went almost 50% down in price and some lambo boys are still waiting, i am pretty sure everyone who knows the basic of charting sold out by then, the massive drop explains it, the noobs however keep blaming the whales , same thing the noobs doing now, shorting bitcoin just above a major support.
all in all everybody has got his strategy, and my strategy says " don't put your money in an asset that is not going to move anytime soon".
Many people just dont trade. They buy when they need and sell when they dont need anymore. It is simple life and can be very profitable.
February 12, 2019, 01:00:46 PM
besides, could you guarantee price is going to fall when it was $6000+? so buying was logical.
buying at 6k was very logical , worked out through out the year of 2018, however not selling when we broke the support was stupid, sorry for the word but it was clear as day.
i mentioned this here > https://bitcointalk.org/index.php?topic=5071613.120
and many people were mocking me for saying we are most likely headed to 3000-3100 , by simply using the ABC of charts. we went almost 50% down in price and some lambo boys are still waiting, i am pretty sure everyone who knows the basic of charting sold out by then, the massive drop explains it, the noobs however keep blaming the whales , same thing the noobs doing now, shorting bitcoin just above a major support.
all in all everybody has got his strategy, and my strategy says " don't put your money in an asset that is not going to move anytime soon".
February 12, 2019, 09:15:25 AM
A very nice write-up though we have not started to really understand how this market behave. It might need to go down a little in other to gather momentum for the next bull run. It then means some professionals has place order below the current price.
February 12, 2019, 12:37:56 AM
if you think 300$ is a upward signal that you shouldn't be missing, good luck , you gonna need it.
That's funny. Bitcoin was stable in $6ks for months, and dumped to $3ks like over-fucking-night. Now bitcoin rose $300 to the mid $3ks you think that's a reason to fomo? gtfoi think you misread him. he's definitely not saying to fomo. i'm pretty sure he would agree with you.
besides, could you guarantee price is going to fall when it was $6000+? so buying was logical.
only if your biggest concern is losing coins. if your biggest concern is retaining USD value, then it usually makes sense to wait for confirmation of a bull trend first. people who waited on the sidelines instead of buying off $6k benefitted greatly by waiting.
February 12, 2019, 12:12:08 AM
Getting a worse price later on is infinitely better than getting a better price now? Interesting investing strategy. though the math on that doesn't really pan out ;p
Tell that to the bulls buying dips all the way down through 2018, thinking it was the bottom every time.
You thought $6K was bottom, right? Your investment would be down 40-50% right now, and that's assuming you managed to buy at $6K. In general, people buying based on that bottom obviously would have bought even higher.
This is still officially a downtrend. Nothing but lower highs and lower lows. The long term MAs continue pressuring price down. With that in mind, you should assume price may crash again. At $1,500 your investments from $6K+ are starting to look unbelievably shitty, aren't they?
If you do the math and account for the risk, then waiting for signs of an actual reversal is much smarter. I appreciate you knife catching bulls but I also think you guys are sort of crazy.
different strategies demand different approaches. you say sometime about waiting until a bull run starts, that is ok too. but in this strategy the user may not want to invest a large amount in one go. there are a lot of investors who are slowly dumping their fiat and getting bitcoin in return. for example i may not want to buy $10000 worth of bitcoin, i prefer buying 10 times $1000 bitcoin instead (an example).
besides, could you guarantee price is going to fall when it was $6000+? so buying was logical.
February 11, 2019, 09:00:32 PM
what if the op conclusion is wrong and bitcoins prices never go down?
I have not stated that we are differently going down,the possibility is there and ignoring it is as stupid as buying bitcoin at 19k.
plus the point of this thread is to show you that there is no bull run coming anything time, assuming the 3k is bottom, then nothing above 5k is going to happen soon.
Quote
As we’re discussing here bitcoins has already gained up to 300$, which shows there is an upwards trend and I feel one should buy it now or regret missing out later.
if you think 300$ is a upward signal that you shouldn't be missing, good luck , you gonna need it.
That's funny. Bitcoin was stable in $6ks for months, and dumped to $3ks like over-fucking-night. Now bitcoin rose $300 to the mid $3ks you think that's a reason to fomo? gtfo
February 11, 2019, 07:17:51 PM
Considering Bitcoin alone whole this year is good time to buy Bitcoin. Right now or in December. What bothers me more is what will be the next financial crisis influence on Bitcoin. It will most likely happen at some point in next 3 years.
February 08, 2019, 06:00:20 PM
what if the op conclusion is wrong and bitcoins prices never go down?
I have not stated that we are differently going down,the possibility is there and ignoring it is as stupid as buying bitcoin at 19k.
plus the point of this thread is to show you that there is no bull run coming anything time, assuming the 3k is bottom, then nothing above 5k is going to happen soon.
Quote
As we’re discussing here bitcoins has already gained up to 300$, which shows there is an upwards trend and I feel one should buy it now or regret missing out later.
if you think 300$ is a upward signal that you shouldn't be missing, good luck , you gonna need it.
February 08, 2019, 12:43:54 PM
the real question is whether you want to take that risk of waiting for a lower price that may not happen or even if it happens you may not be able to catch it.
I agree. let's look at this week as an example: at the beginning of the week the price was $ 3400, after a few days the price dropped to $ 3350 and today the price reached more than $ 3670. so for those who were doing day trade with more than 1 BTC had a good week of profit
The worst possible thing to hear this year... 💔
research hard and develop some strategy to make a profit in this market
February 08, 2019, 12:27:10 PM
Of course, it's very possible that Bitcoin price can fall lower but you can't count on that and take it for sure. If you want to invest in Bitcoin you have to take certain risks and make decisions. Current price is prety decent and in some period of time the price will rise so you can count on profit. But like I said you have to also accept the risk of losing and have the stategy to recover.
Hey if you keep searching answers of futures in the past you’ll never be able to see the opportunities that are there in present times, what if the op conclusion is wrong and bitcoins prices never go down? I feel we should not look at old charts as bitcoin is a volatile currency, and back then circumstances were different than they’re now. As we’re discussing here bitcoins has already gained up to 300$, which shows there is an upwards trend and I feel one should buy it now or regret missing out later.
February 08, 2019, 08:57:15 AM
Of course, it's very possible that Bitcoin price can fall lower but you can't count on that and take it for sure. If you want to invest in Bitcoin you have to take certain risks and make decisions. Current price is prety decent and in some period of time the price will rise so you can count on profit. But like I said you have to also accept the risk of losing and have the stategy to recover.
February 08, 2019, 08:36:47 AM
the best time to be able to buy bitcoin is now because the current price is very cheap and it is still very safe to be able to buy as much bitcoin as you can, so you should be able to take advantage of the moment to buy bitcoin, before you are late to buy.
you are correct mate but unfortunately bitcoin still making a small dump which is another opportunity for us to get discount . So much better to wait for more results in fact market still not fine nowadays. So lets keep monitoring the prices to get the most cheaper price. You can't expect to be able to buy at exactly the bottom dude. No one knows if the price will still drop hard or if it will start to move up. For me, an entry close to the 3k level is already a decent buy. Even if it goes down more, 3k will easily be broken when btc starts to recover.
February 08, 2019, 02:42:31 AM
the best time to be able to buy bitcoin is now because the current price is very cheap and it is still very safe to be able to buy as much bitcoin as you can, so you should be able to take advantage of the moment to buy bitcoin, before you are late to buy.
you are correct mate but unfortunately bitcoin still making a small dump which is another opportunity for us to get discount . So much better to wait for more results in fact market still not fine nowadays. So lets keep monitoring the prices to get the most cheaper price. February 07, 2019, 06:59:06 PM
Why ? Whhhyy would it make the same thing again? What makes it sooo sure that it will happen again. I can't really believe people who keep on thinking bitcoin did something once and it will do it again, why don't you guys understand just because something happened once it will happen again.
Why would it pass that golden cross again, maybe it wont ? I mean I understand its bitcoin and price will probably go up one day or another and even if it takes 20 years bitcoin will go up again but why does it have to be according to the chart ? Have you ever looked at all the charts that were shared here all this time ?
Almost ALL of them were wrong and none of them found the perfect time to get into bitcoin, there has been a lot of charts that said THIS is the time to join and all failed. I don't doubt bitcoin will increase once again but it has nothing to do with 2014-2015 and it has nothing to do with charts as well.
Why would it pass that golden cross again, maybe it wont ? I mean I understand its bitcoin and price will probably go up one day or another and even if it takes 20 years bitcoin will go up again but why does it have to be according to the chart ? Have you ever looked at all the charts that were shared here all this time ?
Almost ALL of them were wrong and none of them found the perfect time to get into bitcoin, there has been a lot of charts that said THIS is the time to join and all failed. I don't doubt bitcoin will increase once again but it has nothing to do with 2014-2015 and it has nothing to do with charts as well.
Why? it's the halving, dummy.
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