Topic: When to buy ?... - page 4. (Read 869 times)
Bitcoin once fell below the $7000 bottom line, but I don't think it will fall below $5500. When the price of Bitcoin reaches $5500, I think a lot of purchases can be made!
Nobody will answer this exactly. What can I say is that I did a little bit of study. It is better for you to buy when the price will get lower, like 6k 5k. It also depends what type of invest do you want to do. Long time holding or short time trading, it's totally up to you
If you buy a bit every now and then, you do cost averaging which makes it more viable. You also lower your risk. Think long term imo
Thank you that sounds just right !!...
I think now is a good time with the red market, so we can buy and we hold in the coming months with high selling prices, so we will also get better profits in the future,
Am just worried IF and WHEN BTC Makes a Big hit, (100 times the current price or so...) whether if any exchange would buy my BTC and cashing out for me or Reject saying BTC is just too high right now and we dont have enough cash !...
You don't have to think about it. When bitcoin hits that high prices again, people would love to buy it so these exchanges will keep opening their automatic buy and sell options.And for your timing of buying, you have that strong feeling and add those positive replies from others. What are you waiting for? $6,400 is a good deal.
Am waiting to find a decent exchange to buy from preferably by VISA
Since am a newcomer, am thinking to buy 0.43 BTC and HODL, but lets not rush into things ... I think you are missing the above point.
You think of bitcoin as something with a value in dollars / euro's / etc. The point that was made is that, íf bitcoin reaches 1 million, it probably means that bitcoin has become an accepted currency, therefor there would not be a need to exchange it anymore, you would use it like you would use cash right now.
If not, I'm sure that it will not reach that high of a value without potential buyers, so you won't have to worry about cashing in, if you would really want to.
You think of bitcoin as something with a value in dollars / euro's / etc. The point that was made is that, íf bitcoin reaches 1 million, it probably means that bitcoin has become an accepted currency, therefor there would not be a need to exchange it anymore, you would use it like you would use cash right now.
If not, I'm sure that it will not reach that high of a value without potential buyers, so you won't have to worry about cashing in, if you would really want to.
Still, bitcoin is not legalized by a lot of countries, what if i have 10 BTC but i cant cash it out or use it even to buy stuff, this is my concern ATM since BTC hasn't become widely accepted, at least in my country here in the UAE i never saw a BTC ATM, and we have only one registered business as an exchange that's it
I only see more and more miners TBH, and sadly not all exchanges found online are trustworthy and wont deal with international clients for some reason such as coinbase 
I'm not sure at what level it is safe to sell or buy Bitcoin. Since the cryptocurrency market is still very volatile, you can wait until the end of 2018.
As a side question, this part worries me more, say BTC reaches 1 Mil (lets just imagine) and you do have 1 BTC or more, which exchange will actually cash out that much money for you, is it even factual !?...
As far as I know, when the price of bitcoin reaches the highest price (as expensive as anything is it, or becomes 1mil as you say), I'm sure it is the price agreed upon by the bitcoin holder, or people are willing to spend that kind of money on one bitcoin.
I’ve been buying in the mid $6,000s and selling in the mid to high $7,000s. In the last few months it’s been going up and down fairly reliably. I only play with a couple of thousand dollars but it’s nice to get a couple hundred dollars for doing nothing with not a lot of risk. I just bought more at $6200 so I hope I’m not wrong.
the price still will drop
I plan to get some on 5k
I plan to get some on 5k
Now! It's now and keep your faith
today? i think it's a good place to buy now. price is low enough
Looking at recent price trends, you should buy at $6k and sell at $8k.
as for me, taking into account the maximum possible number of coins, the most promising and convenient are Litecoin and DASH.
If you don't want to invest in the worst time, just don't invest all in a row but set a periodical small investment in different moments.
I think no one can tell with confidence when is the best time to invest in bitcoin. Even though there is a guy telling you that it is the best time to buy bitcoin, you have to think twice and do your own research before buying.
When Bitcoin will go below 6k, You buy it. Waiting until 8k, you should sell it. Bitcoin is the strongest currency.
To think long term is the most important part, dont act on feelings!!
Am just worried IF and WHEN BTC Makes a Big hit, (100 times the current price or so...) whether if any exchange would buy my BTC and cashing out for me or Reject saying BTC is just too high right now and we dont have enough cash !...
You don't have to think about it. When bitcoin hits that high prices again, people would love to buy it so these exchanges will keep opening their automatic buy and sell options.And for your timing of buying, you have that strong feeling and add those positive replies from others. What are you waiting for? $6,400 is a good deal.
If anyone knows the exact answer, please let me know! The truth is that there are good and bad periods. Moments of fall, some see as a bad sign, others see with a good signal. This will require technical analysis to make decisions. We can only make estimates.
The truth is that there are good and bad periods. Moments of fall, some see as a bad sign, others see with a good signal. This will require technical analysis to make decisions. We can only make estimates. Jump to: