To every long term investor, bitcoin under 500$ is most probably the safest way to invest. Based on some positive news regarding legal feedback, and
fiat devaluation price is already increasing, and now just wait for capital controls and people using it as a store of value; and we're gonna be talking about >1k values again.
For me there's no doubt; it's definitely buy-time.
Topic: to buy or not to buy - page 5. (Read 6365 times)
I believe bitcoin will be back riding.. but this time I was waiting for bitcoin down to $300 
People don't dare to buy when the price is going down heavily. They always think it will go lower, and then they miss out on buying at such a low price. You need to have steel balls to buy when it's dropping fast.
That's when the regrets kick in: not buying when prices are too damn cheap only to see the price skyrocket. I've been buying at the lows and selling near the top for almost a year now, only to buy back in cheaper and enlarging my long-term stash. I'm pretty good now with my hodlings and planning to hold on to them for 5 more years.
Very nice plan. I also wanted to do like what you're doing. But most of the people here were not buying when the price of around $250. Out of fear most of the people have missed the those opportunity I'm now looking for the buying opportunity within $400 levels.
If you believe that this thing is going big, you shpuld be buying even though the price seemed to be tanking. That's where traders get their large profits from, and a nice way to enlarge your stash too.
People don't dare to buy when the price is going down heavily. They always think it will go lower, and then they miss out on buying at such a low price. You need to have steel balls to buy when it's dropping fast.
That's when the regrets kick in: not buying when prices are too damn cheap only to see the price skyrocket. I've been buying at the lows and selling near the top for almost a year now, only to buy back in cheaper and enlarging my long-term stash. I'm pretty good now with my hodlings and planning to hold on to them for 5 more years.
I'm pretty sure it's a good time to buy at anytime under 400 myself, but that's just me.
i would say under 300 now, before i would have said under 250, but it seems that we have a new solid checkpoint
400 is still not reachable easily, well if you are here for 10k, anything under it should be a must buy, but this is a different story...
People don't dare to buy when the price is going down heavily. They always think it will go lower, and then they miss out on buying at such a low price. You need to have steel balls to buy when it's dropping fast.
That's when the regrets kick in: not buying when prices are too damn cheap only to see the price skyrocket. I've been buying at the lows and selling near the top for almost a year now, only to buy back in cheaper and enlarging my long-term stash. I'm pretty good now with my hodlings and planning to hold on to them for 5 more years.
Very nice plan. I also wanted to do like what you're doing. But most of the people here were not buying when the price of around $250. Out of fear most of the people have missed the those opportunity I'm now looking for the buying opportunity within $400 levels.
People don't dare to buy when the price is going down heavily. They always think it will go lower, and then they miss out on buying at such a low price. You need to have steel balls to buy when it's dropping fast.
That's when the regrets kick in: not buying when prices are too damn cheap only to see the price skyrocket. I've been buying at the lows and selling near the top for almost a year now, only to buy back in cheaper and enlarging my long-term stash. I'm pretty good now with my hodlings and planning to hold on to them for 5 more years.
I'm pretty sure it's a good time to buy at anytime under 400 myself, but that's just me.
People don't dare to buy when the price is going down heavily. They always think it will go lower, and then they miss out on buying at such a low price. You need to have steel balls to buy when it's dropping fast.
That's when the regrets kick in: not buying when prices are too damn cheap only to see the price skyrocket. I've been buying at the lows and selling near the top for almost a year now, only to buy back in cheaper and enlarging my long-term stash. I'm pretty good now with my hodlings and planning to hold on to them for 5 more years.
Don't buy yet. (That is if you focus on short and mid-term trading. If your aim is to hold your BTC for years to come, chanches are the difference between $220 and $320 will be minimal by then)
If Bitcoin rockets on towards $350, then buying might be a good move.
If Bitcoin rockets on towards $350, then buying might be a good move.
As others would always point out: buy when there's blood on the streets and sell when there are sound of the trumpets.
But seriously though, you can't time the markets in any way, it is risky PLUS it would be riskier once you involve money that is not yours in the first place. Always invest/gamble what you can only afford to lose.A sure fire way to lose your Bitcoins is selling them by thinking you are smarter than millions of market players + thousands of whales out there.
Im sorry but we can't nothing about it rather than keep supporting this amazing technology. For us, the best we can do is buy and hold (long term).
Sure, it sucks not having sold some at 1K, but 1K will be nothing in 10 years. It's worth holding through it, specially if you aren't holding a big amount.
You must be right.
But this is not the right time to buy bitcoin unless you are ready to hold for some quite long duration. Because right now bitcoin price at the overbought zone. Buying is recommended after some confirmation about the current situation either it may go down on it would sustain at the current level.
Don't buy yet. (That is if you focus on short and mid-term trading. If your aim is to hold your BTC for years to come, chanches are the difference between $220 and $320 will be minimal by then)
If Bitcoin rockets on towards $350, then buying might be a good move.
If Bitcoin rockets on towards $350, then buying might be a good move.
As others would always point out: buy when there's blood on the streets and sell when there are sound of the trumpets.
But seriously though, you can't time the markets in any way, it is risky PLUS it would be riskier once you involve money that is not yours in the first place. Always invest/gamble what you can only afford to lose.A sure fire way to lose your Bitcoins is selling them by thinking you are smarter than millions of market players + thousands of whales out there.
Im sorry but we can't nothing about it rather than keep supporting this amazing technology. For us, the best we can do is buy and hold (long term).
Sure, it sucks not having sold some at 1K, but 1K will be nothing in 10 years. It's worth holding through it, specially if you aren't holding a big amount.
Don't buy yet. (That is if you focus on short and mid-term trading. If your aim is to hold your BTC for years to come, chanches are the difference between $220 and $320 will be minimal by then)
If Bitcoin rockets on towards $350, then buying might be a good move.
If Bitcoin rockets on towards $350, then buying might be a good move.
As others would always point out: buy when there's blood on the streets and sell when there are sound of the trumpets.
But seriously though, you can't time the markets in any way, it is risky PLUS it would be riskier once you involve money that is not yours in the first place. Always invest/gamble what you can only afford to lose.Agreed 100% ... ! Though I gotta admit I just recently found out playing the game this way yields the most profit. My first steps into the world of crypto can be described as: buy high, sell low ...
Btw, missed the part about borrowed money. That's a not-to-buy at all times
Don't buy yet. (That is if you focus on short and mid-term trading. If your aim is to hold your BTC for years to come, chanches are the difference between $220 and $320 will be minimal by then)
If Bitcoin rockets on towards $350, then buying might be a good move.
If Bitcoin rockets on towards $350, then buying might be a good move.
As others would always point out: buy when there's blood on the streets and sell when there are sound of the trumpets.
But seriously though, you can't time the markets in any way, it is risky PLUS it would be riskier once you involve money that is not yours in the first place. Always invest/gamble what you can only afford to lose.People don't dare to buy when the price is going down heavily. They always think it will go lower, and then they miss out on buying at such a low price. You need to have steel balls to buy when it's dropping fast.
in my opinion the price should rise even more so i would buy though thats just my thoughts
Don't buy yet. (That is if you focus on short and mid-term trading. If your aim is to hold your BTC for years to come, chanches are the difference between $220 and $320 will be minimal by then)
If Bitcoin rockets on towards $350, then buying might be a good move.
If Bitcoin rockets on towards $350, then buying might be a good move.
As others would always point out: buy when there's blood on the streets and sell when there are sound of the trumpets.
But seriously though, you can't time the markets in any way, it is risky PLUS it would be riskier once you involve money that is not yours in the first place. Always invest/gamble what you can only afford to lose.
Don't buy yet. (That is if you focus on short and mid-term trading. If your aim is to hold your BTC for years to come, chanches are the difference between $220 and $320 will be minimal by then)
If Bitcoin rockets on towards $350, then buying might be a good move.
If Bitcoin rockets on towards $350, then buying might be a good move.
I recall people talking about getting loans out when it was over $1000. That was two years ago and that's a long time to be swallowing a monthly expense on something that's lost most of its value. I wonder what became of some of them.
Laying out for two coins ultimately isn't going to sting all that much if you remain underwater for a while but that would really get on my nerves.
Perhaps the most important question hasn't been asked yet - have you set yourself a limit as to how much you're willing to risk and would this buy breach it?
I could easily afford more but I hit my buffers and ain't willing to go any further. Threads like this are a prime example of how bubbles form and we all know how dull and protracted their aftermath can be.
Laying out for two coins ultimately isn't going to sting all that much if you remain underwater for a while but that would really get on my nerves.
Perhaps the most important question hasn't been asked yet - have you set yourself a limit as to how much you're willing to risk and would this buy breach it?
I could easily afford more but I hit my buffers and ain't willing to go any further. Threads like this are a prime example of how bubbles form and we all know how dull and protracted their aftermath can be.
Buying with borrowed money isn't a good idea.
Maybe you can earn from these money but the bad scenario is if you loose.
Then you should look for another opportunity to cover the lost and would be stressful.
Maybe you can earn from these money but the bad scenario is if you loose.
Then you should look for another opportunity to cover the lost and would be stressful.
best advice: only buy something with money you really have. borrowed money stinks, and will give you a lot problems if things don't go to plan for you.
some exchanges offer margin trading.
you need to put some deposit yourself, but it might be an alternative, taking into account all that has been said here about the risks of trading with the borrowed money.
you need to put some deposit yourself, but it might be an alternative, taking into account all that has been said here about the risks of trading with the borrowed money.
Buying with borrowed money isn't a good idea.
Maybe you can earn from these money but the bad scenario is if you loose.
Then you should look for another opportunity to cover the lost and would be stressful.
Maybe you can earn from these money but the bad scenario is if you loose.
Then you should look for another opportunity to cover the lost and would be stressful.
at the start of the month, with all the bullish news, I was looking at my coinbase account and it's option to fund with credit card....hmmm, I thought, I have this new credit card with no interest for 2 months...hmmm...will I buy 2 more bitcoins? I should, I thought. I could cash out in a few weeks and maybe make an easy hundred euros or two.
I did not. Goddamnit. Could have made an easy 30% gain off of credit.
and now I wonder, is it worth doing that today? any thoughts?
I did not. Goddamnit. Could have made an easy 30% gain off of credit.
and now I wonder, is it worth doing that today? any thoughts?
Dont play with borrowed money. It will turn your hands and your mind weak.
That's a good advice.
Missing an opportinity to make money is not fun, but remember it could have also gone the other way.
Don't let this experience cloud your judgement regarding the future, or you will not be making good trading decisions.
I wanted to buy at 250. Until I found the best way to do that it went over 300.
Something is fishy. Bitcoin deserves to rise, but this is way too fast.
Something is fishy. Bitcoin deserves to rise, but this is way too fast.
Thats why good investors always buy small amounts at all price levels. This will reduce the situation like what your facing now. So do not wait some more time start slowly now.
Smart investors have bought when the price was dumped to the ground at $200-$220
You remember how long the price was stuck at around $220-$240? Very long. People who didn't buy back then, when they had plenty of time, are now buying at +$300. That's the difference between people who are constantly doubting, and traders who know what to do and when to buy. Jump to: