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Topic: With the recent price jump, is now a bad time to buy? - page 2. (Read 4009 times)

legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
There really ain't a good or bad time when it comes to Bitcoins, you can buy it anytime you want regardless of the price it possesses, as one day or another, you will have its price back to where you bought them at, and remember, 1 BTC will always be 1 BTC... Wink
sr. member
Activity: 406
Merit: 250
If you can afford you could buy now. You would still make profits if the price goes up to $1000. You could sell if the price reaches that high and claim those profits.
After you've made those profits you could buy again when the price dips in. That's what most people are doing. To some it doesn't matter what the price is right now.
full member
Activity: 210
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
I prefer to wait for the moment. The price is quite high now, and to be honest I am afraid if I buy it will go down very quick.

Then I have to wait or maybe even lose money.

the last bottom was considered around 300-350, so at best we can return at that point, but if you're here to dump at 1k like many other, who care about those swings right?

you should buy exclusively based on your final target, ignore everything else

That's exactly what I'm doing. I don't really care for what the price is right now up until it goes up to $1000, I would be ready to sell some of my bitcoins.
Get some profit out of that and maybe invest again when the price drops.
legendary
Activity: 3248
Merit: 1072
I prefer to wait for the moment. The price is quite high now, and to be honest I am afraid if I buy it will go down very quick.

Then I have to wait or maybe even lose money.

the last bottom was considered around 300-350, so at best we can return at that point, but if you're here to dump at 1k like many other, who care about those swings right?

you should buy exclusively based on your final target, ignore everything else
hero member
Activity: 994
Merit: 1000
its the right time to buy until the halving happen and bitcoin price will go up, probably we can't see 300$ price again, and 1000$/bitcoin will be happening again
Don't buy at this Because price going high in fast, just wait for few months of time and price will fall down That utilize and buy your wish and then This time just save your bitcoin as much as possible. If wanna sell also Just wait for 2 weeks and sell. As per prediction end of December We can see a good market value for BTC.
full member
Activity: 210
Merit: 100
seems to be stuck in this range and constantly retesting 460 level. breakout soon?
sr. member
Activity: 322
Merit: 250
I prefer to wait for the moment. The price is quite high now, and to be honest I am afraid if I buy it will go down very quick.

Then I have to wait or maybe even lose money.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
Anything can happen right now. My gut says it is going to crash down to 300, but seeing the continous increase the last couple of months i am very tempted to buy more.

Well if it stays above 450 at the end of the year I will buy.
sr. member
Activity: 518
Merit: 254
★YoBit.Net★ 350+ Coins Exchange & Dice
Probably yes this is not a great time to buy a bitcoins because there's a possibility to fall the price.
I think you should for a couple of weeks before you decide to buy if the price is falling...
If not and the price still stable should not to buy a bitcoins.
sr. member
Activity: 406
Merit: 250
i think that its still a good time to buy if you consider bitcoin to be a very long time investment the price of bitcoin will be way higher after a few years what means it is profitable to buy bitcoins for a while now lets hope my prediction are right i will definitely buy some bitcoins
legendary
Activity: 1153
Merit: 1000
I'm wanting to invest around $5k USD in bitcoin, primarily just to get cash out of my bank. I've had a Coinbase account for about a year but only used it for a few small transactions, so I'm not very knowledgeable about it.

With the recent surge in price, do you think now would be a good or bad time to buy? I realize there's no way to know for sure what will happen, but am curious if you think the price is going to drop back down soon or if I should buy in now before it rises more.
There is a very simple answer to your question.

If you think Bitcoin was a good buy at $15 in Jan 2013, after it had doubled/tripled from it's 2012 year long low but was still half of it's previous ATH, then yes now is a good time to buy.

If you think Bitcoin was not a good buy at $15 in Jan 2013 because it had recently tripled in price, then no now is a bad time to buy.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
For me not. I am certain the price will go down again. It has been going like this for years now.
Will it not be this money, then it will be next year.

The current value of bitcoin is not 450. It will be, but not today.
legendary
Activity: 1526
Merit: 1001
Well not bad but it is worse than it was before few weeks or months when the price was pretty low comparing with today's price, but again it is not bad as the price can be increased at any time.
sr. member
Activity: 323
Merit: 250
Many people here have given you a good advice to spread the purchases over time.
Since nobody can be certain what will happen to the price in the future (although many people certainly hope that it will continue to go up), this way you spread your risk.

It is probably a good idea to consider the negative scenarios - what will you do, if the price goes down ? Will you hold your position, no matter what, expecting the price to eventually recover, or do you have a pain level, at which you will realise your loss and get out ?
hero member
Activity: 658
Merit: 500
It's always the time to buy bitcoin a bit at a time. I buy bitcoin every month with spare cash I have. Your savings will grow. You can spend your bitcoin when you need to and buy it back when you have the opportunity. It is a matter of time bitcoin will be worth a lot more than $500.
newbie
Activity: 9
Merit: 0
Well, it seems I should have bought more! I didn't realize the price would just keep going, up, up, up  Cheesy
hero member
Activity: 616
Merit: 500
If you can afford it I would say yes, buy bitcoin right now. If it keeps going up the way that it has been going, it will be a long while before we see the $300 again
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
Well if you can't afford yes this is a bad time to buy, but you can just try to buy little amount untill 1 BTC and wait for increase so with that you can make profit.

And besides there are ways to earn bitcoin without involving too much in buying so if one can't afford work for bitcoin.

But of course if one really want to acquire more coins, while working for bitcoin they can buy at the same time.
newbie
Activity: 37
Merit: 0
Well if you can't afford yes this is a bad time to buy, but you can just try to buy little amount untill 1 BTC and wait for increase so with that you can make profit.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
Feel the market. There is no wrong buying at $300-$500 mark because I am 100% sure it will surpass that range, even not for now, but chances are really high that it will happen.

Always take advantage when the price dip.
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