Bitcoin Forum

at the moment the price of bitcoin is very cheap, I want to ask all of you, is this the right time to buy bitcoin right now? please give me a definite answer!

there is no definite answer to this question since it depends on what you are planning on doing with the bitcoin you buy. there is a lot of different things you could do.
for example spending it on stuff in online or offline shops which means there is no bad time to buy bitcoin.
or you may be interested in it as an investment in which case the long term or short term of it would make a difference. for long term investors this is an excellent time to buy more bitcoins since price is not only in a dip but it is below the bottom support price. but for a short term day trader this may not be the best time to buy, since price is still unstable and unpredictable. yesterday was a good time to sell or short and to buy back at the bottom of the dip and then sell after the recovery to make at least 2 times ~9% profit but now the market seems to be calming down and as a day trader you want signals to do something.

it depends on you and your decision. If you have a good plan, you should buy now, the price is very cheap to buy. Good luck to you.

It's all entirely upon you. You budget what you plan on spending and how long you plan to hold the coins. It also depends on strategy... Are you going to do short trades or You are holding for months or years but otherwise every dip is an opportunity to buy

There is no definite answer, not everyone is in the same situation as you so you shouldn't look for financial advice in forums around the internet because everyone will give an advice based on their financial situation and not yours.

I personally see the current dip as a good time to buy, think of it as Black Friday with discounts, but for bitcoin but once again, If you're going to sell your assets just to buy bitcoin for example then that could be a bad idea because at the end of the day no one knows when It's going up or down or in other words, just buy what you can afford to lose.

Who can told you what is the best time to buy bitcoin?
Maybe now, maybe next month, maybe next year. Investment is always unpredictable, and if anyone can accurately predict it, he must be a foreseer.
Who dares to call self a foreseer here?

Do your own research, as no one really knows when will be the perfect timing for investing/buying bitcoin, maybe everyone can give you there owned speculations and analysis but it can't be an assurance to you that things will happen accordingly, buying bitcoin should be accompanied by your own responsibilities, look at every possibilities and work with your knowledge before you entrust your money and jump in placing your investment to this
digital currency.

It's still possible to go down another $500 - $1000

Tone Vays and Tyler Jenkins have been following the price and waiting for this drop for 6 months.

Both are former wall street traders that do technical analysis on bitcoin. Their "guesses" are really close to what you will see with the price of bitcoin over the next few months if you follow them.

https://www.youtube.com/watch?v=3iEI8S3s0Zo

There is no FUD or shitcoin shilling, so they are trusted by more than a few people with their expectations on the price.

There is no specific time to invest in cryptocurrency at this time the crypto market is bleeding. Bitcoin has been suffering a lot throughout this year but I think you should buy bitcoin now at this cheap rate and hold it up to the next bull run. But it is entirely up to you mate.

The definite answer is yes.
But come to think of it. There is no time you place to buy or sell order for bitcoin and you will not find a seller or buyer. So I don't seem to know when is the right time. To me everytime is the right time.

in my opinion you need to study the bitcoin price track record first, try to analyze first the extent of this price decline. You can compare with the price decline in the past that has happened several times, then you can conclude whether to buy it now.

when you ask for a definite answer, I don't think there will be any certainty because it is a risk. Nobody knows what will happen in the future so that all will have risks. But if you ask the right time, it seems that the price of bitcoin is declining and this is a very low price, it might be very good to make a long-term investment, but I think all the decisions are in your hands.

True, we can answer such question correctly. The right time to buy bitcoin can be at any time especially when the price is in the down trend. Luck will also play a little role in this type of business.

All of this has a risk if you want a definite answer so you can do your own research so you can make decisions according to your readiness.
Indeed, the market is currently red and makes many people panic.

Yes I agree, because if we all have speculation about Bitcoin and recommend buying Bitcoin at this time it is very high risk, because we all have the right price estimate to buy Bitcoin, so I suggest researching the price of Bitcoin from time to time, and when you are confident in yourself then it is your right to buy Bitcoin.

In my opinion you need to wait because the big drop in the equity markets this week may not bode well for BTC, as the cryptocurrency is still being treated as a risk asset.
Maybe next month.

I think not yet, if you are planning to buy bitcoins wait for it to drop its price into very low value, if you buy now you would regrrt if bitcoin continues to drop its price.

Indeed, seeing the price of bitcoin is currently tempting to be bought, but all of this has risks so prepare mentally and keep researching the graphs that occur then take decisions according to your beliefs, it will be better.

It really up to you. Ask yourself if you're in for the long haul, then definitely with the current price, its definitely a steal. But always remember that there's still risk, as we don't know what will the price in the future. But if you're willing then there's no time to waste, but for those who don't have that huge money, there's this strategy to buy just a little and see how it goes. There will be a time that you won't noticed, your closer to that 1 BTC club. Start small but earn big in the future.

Yes, it is the right time to buy. A lot of my friends are always asking this question and they asked this at $1000 and then again at $3000 and then again at $5000, but they never bought those coins. If they did buy those coins at $1000, they would have made a profit of over 800% on those coins, but they lost out.

The same thing might happen to you, if you postpone the decision to buy now. The price dropped from a ATH of $19 000 and it might go back to that again.  ;) Do not miss out on some cheap coins now.  ;D

A lot of people say that. If I have to give an example, you can browse the following article. This price drop may be at an opportunity, also trap.


https://cryptonews.com/news/this-investor-beats-the-market-says-it-s-a-good-time-to-buy-2934.htm

No doubt in this , this is the right time to buy bitcoin. if you want to buy you should go for that because at this time bitcoin price is on lower side and you can invest, if you have your own and spare money. If you already make investment in bitcoin then by purchasing at this rate you can make your purchase average , so your chance to make more profit from this when market will boost.but only that when you have spare amount with you.

I do not even know if this is a good price or not, because there is a large share of the likelihood that the price will fall to $ 4,000

Well if you are confident enough then you can buy now. But, this is not all about buying and selling now probably it is all about seeing the system if it could survive or not. Definitely there could be some good reason of the market price drop and it should have known to so as to avoid getting worried and panic. For now, some of the users or holders were having some confusions and did not know the current news about bitcoin so probably they will be thinking that bitcoin will going to end soon.

Yes it is a good time to invest in cryptocurrency because the rates of bitcoin is down and if you have spare money for investment then no need to delay. We should buy bitcoin and hold it up whenever achieved your profit/ target price for sale.

That is really bad to new comers if that happens.

In the past a lot of times that people invested in the wrong time losing them a lot of money in the process. Last year, the price of bitcoin reached its highest in the history of cryptocurrencies and a lot of people invested in that time not knowing it will not continue to happen. After some time the price dumps back to 4 digit and a lot of people really regretted they invested on it. Investors should really be careful.

true but you should also know that the chances of price dropping down to $4000 is equal to the chances of price shooting up to $35,000 in the same time frame.

right now? YES OF COURSE. You can see that the price of bitcoin right now is in the low price, and i think you can start make the buy order for your investment in the future.

I always say and I am saying it again always buy when bitcoin down I think once it crosses this stage it will never come back to this price again.

maybe the strategy of investors in general is to buy when prices decline and hold hold and sell them at high prices, maybe with conditions and situations that you can now buy, but in my opinion at any time can buy and start investing if we are ready with everything the risks and our convictions are unanimous, I think whenever it's the right time to buy bitcoin

True. It is up to your strategy. Depends on the condition of being a long-term investor or just simply a short-term investor. Short-time investing is quite a complex matter for obvious matter that you're trying to maximize profit within just a short amount of time. It is up to everyone's preference and spaces if they wanted and can earn in an x amount of time. But never ever forget the usual, which is buying at the lows and selling at highs. That principle or concept never gets old when it comes to trading.

I'm not sure about that, but you can do a short trade right now with Bitcoin.
if to invest I don't have long predictions, because we are facing uncertain market turmoil.
I waited until the end of this year and tried to analyze indicators for market charts.

There is no such thing as ''definite answer'' in any kind of market.
Any investment in market is risky, doesn't matter if we talk about crypto market, stock market, Forex etc.
So, the best advice is: ''Never invest money you can't afford to loose''.
Personally, I think that btc price may fall even more, probably below $ 5000 but it's just my opinion.

Since bitcoin is a volatile assets it very hard for any one to know the right time to buy bitcoin, but in case you are just coming in and want to invest I will say yes now is the right time to buy bitcoin due to the fact that it always better to buy when the price is down in other to buy at cheap rate.

Candidly speaking, this is the time to buy. Few days ago the price of Bitcoin dropped so drastically bellow it support zone which we all know before and was a surprise to the entire community. Not withstanding, this is a re-occurrence decimal in the world of cryptocurrency, so, after this bearish market the bull run will begin. Get your wallet fill with some fractions of cryptocurrency to watch out for the next bull run.

Bitcoin falls low, and if you intend to buy then you can use this decrease to buy. Market conditions are unstable and you must be patient to be able to benefit.

I don't have enough capital to buy bitcoin, but I agree that at the moment bitcoin is cheaper and maybe this is the last drop, hopefully. well, what I am confused is that what will happen in December, will there be growth like last year?

Yes this time is the right time to buy bitcoin because as a businessman or investor you need to buy your goods and supplies when the price is in the low prive status like in bitcoin you should buy bitcoin when it is in the low or lowest price. Because when you buy it now and you will wait for the right time and right exchange rates you will earn more. But in this kind of strategy you will take more risk because it is like investing in the dying company to make it rise again so in short you might loss all your capital anytime. But I know when you take more risk you can earn and claim more income and blessings.

Depends on what you want to do...
If you're a long time investor then the answer is YES.

Well if you afford to buy some then grab this opportunity ,since there was a huge speculations that this year is a holding season in which every individual's profit has the chance to be doubled since with accordance to fluctuation, Bitcoin increase in price,and that was good thing, the more that you hold some amount the more that you have the chance to obtain better amount of money which you can use for reinvestment.

Buying bitcoin is now is in the hand of the bitcoin believers, if you think its about time for you to buy it now,
well you can buy anytime you want it to do. Just always compare the price its value before and at the present then
if you think is cheap now rather than before, well I guess even we use common sense for sure, we know what the answer is, isn't right?

Before doing a decision of buying a bitcoin in this time mate, think first if how long you will hold bitcoin tp gain some profit. Because if you will sell it immediately, there no change at all because bitcoin right now are in stable low price but if you are planning to hold it for a long time, yes definitely a good time to buy some of it.

That not really look like a capitulation candle, but for sure the next months from now is the best time to buy. If the downtrend continues, we may see 4k, but I'm almost sure we won't fall deeper.

I agree with you with believers and rely on prayer, surely the price will go down and the prices go up definitely get more profit and I think with that all nothing is impossible

Yes i believe this is the right time if you want to invest in the bitcoin and the cryptocurrency. I mean would be any suitable time like this one? The market had small crush and it seems it stopped now and come into recovery. Yes there is uncertainty in the market but if you invest, invest now..

I think the current time to rely on luck alone could be a profit that might not be profitable because it is still a factor in the decline in market prices that are not stable now I think like that

It's definitely a good time. You can buy 3x more btc than the last year. Btc price will recover, the only question is time. But if you "ok" to wait, then now is the time to put some of your shares (maybe not significant, as we're probably somewhere in the mid of the bear market) in btc. I would name 20% of what you're going to spend on btc. Not financial advice, though.

If you have the patience to wait and you believe that bitcoin is significantly potential in the future, then this is the right time to acquire bitcoin. It is sold at a very low price. Grab the opportunity before it's too late. We have seen a lot of dramas happening this year, who knows maybe it's party time. The recent drop off felt like no negative effect on the investors. Seems like the are waiting something exciting will happen. Their anticipation is full of positivity.

in my opinion it is not so stable at this time I hold back until the right and stable time and I have to realize how much I patiently learn and wait for the right time

If have enough money to buy some then go for it,  dont lose the chance to gain better amount of money if you have certain thing for you to get it in exchange. i belie Bitcoin price will definitely increase by this upcoming year and this will be fruitful for us keep working so you can able to obtain better profit as well as the people who invest teir money effort and time.

yes i would suggest because it is cheap now and we all are expecting a bull market soon. Invest what you can afford to loss. Good luck!

I think it's a good time to buy - but asking about it is useless - it's just our speculations). 

I think you already know the answer to it since most of them told you that to buy it now because it is the lowest deep of bitcoin this year. If ever you will going to wait again for another dips nah, forget about it. Just buy it now before its too late or you never going to meet this chance again.
Don't miss the chance to buy low and sell high or else you will find yourself selling at a loss.

Don't waste your time, you'll come in here for these and you don't need to wait for the time that bullish season will start cause you'll gonna be buying Bitcoin at high price.  The current market is looking good and totally a good way to start and buy more bitcoin, and see how profitable you are in the coming days.

I will say that every time right time because it all depends on your plans, you can take advantage of this period to invest  if you have enough money

Depends on what you think if you think it is good to buy you can invest your money right now. But you need to invest only some because until now is maybe decreased more or dump if many people will panic. But for sure bitcoin will pump again but not today but in thr future for sure.

No wonder, people come when the price rises) Do not want to buy at $ 5,000 buy at $ 10,000

I think yes it is the right time to buy bitcoin it's very cheap now if you have extra money, just buy now because in December the price of bitcoin will increase.

Yes, this is precisely the right time to buy Bitcoin.  If you have money to spare, why not invest it in Bitcoin, buy now while the price is low.  Do not be afraid of the negative news, have faith in Bitcoin, whenever or wherever there is  internet, cryptocurrency will be present.  I firmly believe that Bitcoin will rise again, we will just have to get used to the volatility of it.  Buy now because the price of Bitcoin is very cheap, who knows maybe next month the bull run everybody is expecting will happen.  It's  nice to be ready when it happen, right?

Buy now. Take this good opportunity to buy bitcoin as soon as possible. Goodluck.

Honestly I don't know anymore. Anytime I say it is the right time to buy bitcoin because it neither can't go any lower nor it can stay this low for a long time it goes down even further. I feel like when we say "this is the bottom" the price of bitcoin sees that as a challenge and just goes out and gets even lower. I started to fear what could happen if we just let it be and not work hard to keep it up.

We are all here trying to find a way to get the bitcoin prices up, everyone wants the price to be 20 thousand again and even more and try to figure a way to do that but couple rich folk comes in and sells their coins and all the hard work is gone in half an hour. When the price initially dropped to 5.6 thousand or so I said that is that is the greatest price we can get but now its even lower, I wish to say it is right time to buy bitcoin now but who can say it won't be 4.8k soon?

Well it depends on what you prefer. I prefer to invest when the cost of investment is down. I do not mind holding for long then because it attains value in the end. But if you are looking for the rate at which value get added to the worth, you might not invest.

Yeah man, bitcoin is just at $5600 or even below. Many are sad, but many are happy too. They do know this is best time to grasp maximum bitcoin as they might not come down this far again.