Topic: You saw the BTC price WOULD YOU BUY!?............ (Read 767 times)
There’s no signal of bear market, market has tons of buyers even at this all time highs. Definitely it make sense to buy, next target is $50k and this is phycological barrier might be a tough one. Though BTC has proved me wrong in the past.
Timing is everything when it comes to buying and investing in the market, we need an insight on the right time to buy, of course buying when the market is could be a bad decision, if the cause is FOMO, it's always good to buy when the market is dipping, only invest what you can afford to lose, always follow the market so you can develop your timing on the right time to buy in the market.
We are keep on telling that the perfect timing to buy bitcoin was when the bitcoin price correction happened which of course true but i do believe that once you have the capability to buy your own kind of bitcoin anytime could be a great time for you but in my case as i have saw the BTC Price today i couldn't take risks to buy it. It is a 100x higher than the first time i met bitcoin and from here i could say that i am expecting for a price correction but not that same as price correction happened wayback year 2017.
At the moment it is not the right time to buy BTC, the market is overheated and a correction is coming, just wait and then make a purchase decision
When you make your post, the price of Bitcoin around 39K and now around 45K. Big increasing. Yes, people always want to buy at the best price, dip price, but when, when it comes??. I think it better to buy Bitcoin and you don't need to scare, even if you buy at a high price, it's okay. Bitcoin is long term and this is one of the purposes of its creation 
When bitcoin reached $20k, there were tons of people who said "all time high right now is not the time to buy bitcoin", and when it reached $24-25k a lot of people said "it is way above all time high, it is on a bubble, this is not the time to buy" and when it peaked at $30k most of the people said "it is 50% over the previous all time high, this is the last time to buy" and look where we are right now, even above that.
I am not saying keep buying bitcoin no matter what, of course stop buying whenever you can't afford to buy, but do not stop just because it went up. If you buy at any price, there is still a chance to keep going higher, it could even reach $100k, or $200k, who knows? Yet right now I think it is quite obvious that it is doing better for people who kept on buying. In case it ever falls, you can just continue to buy and drop your entry point, so you will be fine as simple as that.
I am not saying keep buying bitcoin no matter what, of course stop buying whenever you can't afford to buy, but do not stop just because it went up. If you buy at any price, there is still a chance to keep going higher, it could even reach $100k, or $200k, who knows? Yet right now I think it is quite obvious that it is doing better for people who kept on buying. In case it ever falls, you can just continue to buy and drop your entry point, so you will be fine as simple as that.
Buying bitcoin at any price makes sense as long as you have funds for it and can get in more if it falls. The point is, if you buy bitcoin at 40k, and it drops to 35k, then you buy some more, and if it goes down to 30k you buy even more, so you drop your averages under 35k that way and you will end up selling for a big profit when it goes back to 40k instead of just being a break even point.
If you can do that, you should buy at any price, if you buy right now and it goes up you are in profit, if you wait for it to go down you may miss that drop, however if you buy and it drops you can still buy more and get a bit of profit when it goes back up, so it is a win-win situation if you buy now and also have some funds aside for future purchases as well. That is what I have done in the past and it really worked, now I am not selling, I am just holding because I bought mine under 10k.
If you can do that, you should buy at any price, if you buy right now and it goes up you are in profit, if you wait for it to go down you may miss that drop, however if you buy and it drops you can still buy more and get a bit of profit when it goes back up, so it is a win-win situation if you buy now and also have some funds aside for future purchases as well. That is what I have done in the past and it really worked, now I am not selling, I am just holding because I bought mine under 10k.
So, I heard from one friend that it is a wrong decision when you people buy rising stocks value most likely to go down, is it different from bitcoin? is it right or wrong? I also made research but it's the opposite. Hope to get answers from real users because some websites I read also have comments but I don't trust it, it might be a bot or a scam.
Timing is everything when it comes to buying and investing in the market, we need an insight on the right time to buy, of course buying when the market is could be a bad decision, if the cause is FOMO, it's always good to buy when the market is dipping, only invest what you can afford to lose, always follow the market so you can develop your timing on the right time to buy in the market.
Never.
I don’t think its the right time to buy btc. Rather we should wait untill it comes under 20k. But its will be best if we wait untill a bear market takes over and btc again goes down to 10k.
Then we can buy and hold for a long time. It will be more profitable.
I don’t think its the right time to buy btc. Rather we should wait untill it comes under 20k. But its will be best if we wait untill a bear market takes over and btc again goes down to 10k.
Then we can buy and hold for a long time. It will be more profitable.
You saw the BTC price this month increase, would you buy it and hold it for a long time? been hesitating when I want to buy BTC today but before that.
I want to read opinions from you all if it is okay?
if you are capable and has a Funds then why not since we are talking about Long term Holding here right ? I want to read opinions from you all if it is okay?
Those who hesitates to Buy now are those who are just Buying and selling and using bitcoin for their Daily living and not as an investments
Though lucky for me that i have bought when the value is at 7k and also my gains from Signature campaigns are intact in my Holdings .
I would buy more BTC once it falls to 28k again
I was lucky to see the price of bitcoin during the correction yesterday, and bought at $ 30k, but I regret not buying Doge haha, even though Doge is up 300% today, either this is the beginning of altcoin or the beginning of bitcoin increase again, how? is it better to go to altcoins?
I also have a profit if I sell bitcoin at the current price. What do you think?
I also have a profit if I sell bitcoin at the current price. What do you think?
in terms of doge increase today, it is achieving its ATH and quite risky to jump onboard. we cant tell if it will continue or will start going down any moment. but am happy for doge as they have been used by many crypto users throughout these years already. but this development is interesting to follow, what will happen to doge in the next coming days...
with regards to btc, it is up to the user if he will buy or not. for me, theres no right or wrong time when to buy btc as long as you know what youre doing and not sell it below your buying price.
I agree, although altcoin market such ad Doge can jump tremendously, it is very volatile and if you get on top then you might be trap. But its good to hear the Doge is no longer the meme coin.
As far as bitcoin, you already made a profit, good. But then what? You want to sell and take the profit? It's really up to you, what is your goal? short or long term? Yes, there are no right or wrong move here, it's your choice but don't regret it, just saying.
I was lucky to see the price of bitcoin during the correction yesterday, and bought at $ 30k, but I regret not buying Doge haha, even though Doge is up 300% today, either this is the beginning of altcoin or the beginning of bitcoin increase again, how? is it better to go to altcoins?
I also have a profit if I sell bitcoin at the current price. What do you think?
I also have a profit if I sell bitcoin at the current price. What do you think?
Good for you if you have bought it around $30,000 because it seems that we have seen a good candle in the last 8 hours or so, pushing to $33,000. We are hoping that this is the beginning of Bitcoin spiking again, the bears have lost already and we are still very bullish.
Why are you going to sell when the future looks bright for Bitcoin, maybe we can hit $40,000 this February. Anyway, it's up to you, hard to give financial advise here, but all I can say is that Bitcoin is for long term.
I was lucky to see the price of bitcoin during the correction yesterday, and bought at $ 30k, but I regret not buying Doge haha, even though Doge is up 300% today, either this is the beginning of altcoin or the beginning of bitcoin increase again, how? is it better to go to altcoins?
I also have a profit if I sell bitcoin at the current price. What do you think?
I also have a profit if I sell bitcoin at the current price. What do you think?
in terms of doge increase today, it is achieving its ATH and quite risky to jump onboard. we cant tell if it will continue or will start going down any moment. but am happy for doge as they have been used by many crypto users throughout these years already. but this development is interesting to follow, what will happen to doge in the next coming days...
with regards to btc, it is up to the user if he will buy or not. for me, theres no right or wrong time when to buy btc as long as you know what youre doing and not sell it below your buying price.
I was lucky to see the price of bitcoin during the correction yesterday, and bought at $ 30k, but I regret not buying Doge haha, even though Doge is up 300% today, either this is the beginning of altcoin or the beginning of bitcoin increase again, how? is it better to go to altcoins?
I also have a profit if I sell bitcoin at the current price. What do you think?
I also have a profit if I sell bitcoin at the current price. What do you think?
At the moment it is not the right time to buy BTC, the market is overheated and a correction is coming, just wait and then make a purchase decision
That's true, the price is high it is hard to buy or gamble our money with no assurance that we earn profit through buying bitcoin this moment. The best suggestion is to wait atleast $3,000 or$9,000 of bitcoin value and sell when the price become triple even you need to wait again more months or year. I can suggest also that join in ICO's campaign to earn bitcoin instead of buying, in this way you can save bitcoin that will be use in trading and good for traders because of huge price. BTC price today runs around 30k$, and no one can tell if we already reached the peak of the bull market this time at 45k$. If you are planning to hold it for a long-term purpose, like for the next halving, you can buy it anytime and just make a spreadsheet of all your BTC investment to get the dollar cost average of it. But for short term purposes, everyone is left in the dark wheter the price will be stable around 30k$ or if ever it will go down below that. No one can predict the market and it all falls on your risk management since the market swings up and down.
I think that for long term investment BTC is never a bad option. Market now is a bit strange but we can see that BTC is making support around 30k so it can be a good mark for long term.
BTC price today runs around 30k$, and no one can tell if we already reached the peak of the bull market this time at 45k$. If you are planning to hold it for a long-term purpose, like for the next halving, you can buy it anytime and just make a spreadsheet of all your BTC investment to get the dollar cost average of it. But for short term purposes, everyone is left in the dark wheter the price will be stable around 30k$ or if ever it will go down below that. No one can predict the market and it all falls on your risk management since the market swings up and down.
IMO it is not advisable to buy bitcoin at peak price (or if the price is increasing) regardless if you're a short or long term hodler because we dont know the next movement. There's a possibility to increase but what if the price drop? Its a risky move. I have friends who buy btc during ath of bullrun 2017 because of FOMO but later on regret their decision, they cant wait longer for the price to bounce back thats they sell at loss and quit.
Anyways the decision still depends on the investors if they are willing to take the risk of buying when the price is increasing since we have different perspective and strategy when it comes to investing. As long as you have knowledge about crypto and aware of the possible consequences when buying at high price then its up to us since we cant pin point the perfect time to buy.
Anyways the decision still depends on the investors if they are willing to take the risk of buying when the price is increasing since we have different perspective and strategy when it comes to investing. As long as you have knowledge about crypto and aware of the possible consequences when buying at high price then its up to us since we cant pin point the perfect time to buy.
Well, you know, buying cryptocurrencies on their high is a thankless job. These swings of BTC between 30-33 thousands are rather good for short-term trading, but long-term investments are better to make when everything totally dumped.
The price swings still kinda scary though, it's indeed suitable for short-term trading but the price could just go fall down at anytime if the price fall break past $30K point.Im no expert but I think buying BTC at this price is still a good one, on the future we can expect that BTC price will go to 6 digits already and that we wont be able to afford it that much already, BTC is having its new ATH at the moment so just wait for its correction before buying.. This price is good for swing trades only as you know BTC price flactuates this days too fast. Look at this price of BTC tho, really do fluctuates really fast so its good for swing trades and not hodling as history may repeat itself again where BTC price pops and hodlers who bought at its ATH before suffer from lose. But I actually dont think that you will be much affected if you are a hodler of it as you can have patience for years until it had its new ATH again.
Definitely, buying after correction is good enough but there's no harm in trying to buy when it's at lowest point. Though I doubt that the price could go any lower than $30K in the upcoming weeks but if the news regarding bitcoin adoption keeps appearing on many medias it's fair to say that maybe the bull run is not over yet.
i will not buy bitcoin right now, the bitcoin graphs has been down the past weeks it is already started to fall as expected by many investors and traders. but eventually after bitcoin price depth in the crypto markets it maybe safest to invest in depth price and thats the time you want to invest and more bitcoin and hold it until it reaches peak by november or december 2021.
You saw the BTC price this month increase, would you buy it and hold it for a long time? been hesitating when I want to buy BTC today but before that.
I want to read opinions from you all if it is okay?
if you are capable and has a Funds then why not since we are talking about Long term Holding here right ? I want to read opinions from you all if it is okay?
Those who hesitates to Buy now are those who are just Buying and selling and using bitcoin for their Daily living and not as an investments
Though lucky for me that i have bought when the value is at 7k and also my gains from Signature campaigns are intact in my Holdings .
You saw the BTC price this month increase, would you buy it and hold it for a long time?
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NO, I buy Bitcoin during the bear season coz I feel the risk when buying in the situation where Bitcoin price keeps pumping. Thinking about the dumps, might a way to anticipate it first than to say sorry for the loss unless if that only be the time when it started to rise. ...
FOMO, a reason why most people been suffering big losses during the last Bullrun and that seems possible to happen if people aren't learning from the past. I think it is the best way to wait for the market to slow down before buying, it gonna be the best option to take.
Another approach could help with everyone, both people who buy at bear and people who buy even at peak : DCA. If you do DCA that means you will buy from 3-4k price as well as 30-40k price, you keep buying forever until you decide to sell, the more money you put in the better, every single time you saved some money aside, you go and buy bitcoin, believe me eventually it will be profitable for everyone.
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