Bitcoin Forum

 I have a question for the trader, now the price of bitcoin in $300 and icontinue increasing and somebody telling that it is manipulate the price of bitcoin and we don't know if suddenly will drop.

 DO you think still safe to buy bitcoin?

Yes

Yes, you can and you should since you see the uptrend of the price range of BTC-USD.
You can still get profits from it if you act swiftly.
We just don't know how long this uptrend will last.
Rumors says it may last till 2nd week of November.

I would say buy now as well. You will regret it next month if you don't, as there are only 2 days left in the month  ;)

It's always safe if you buy with an amount of money that if you were to lose it, it wouldn't affect you.

why not,?

the rocket have been successfully launched, it is still had time to drive at halfway.

see you on the moooooon   ;)

It's never safe in the sense that you know you won't lose your money. If you can't afford losses, don't buy.

If you are ready to wait by still having faith on bitcoin, it's not too late to buy and hold. As per many veterans here, we can see bitcoin prices soon beyond an unimaginable price levels. So, buying now and waiting is recommended.

try to avoid buying at ath. like i did.
had to wait literally years to break even. yes, buying at $30 did hurt in 2011 and all through 2012. sure feels good now.

If you beleive that bitcoin will make it to say 400, does it really matter if it touches 260-280 first again? you make money anyway.

The problem is that it is near impossible to time the peaks and lows, so just live with it that you didn't buy at the perfect time.

yes! It is good to buy bitcoins. But remember whenever you're going to buy bitcoins (for trading), invest how much you can afford to loss as well as. Because, you should always be ready to gain and loss. :)

I remember a post in this forum a while back when a BTC was $220, saying I hope there's no excuse for people not buying and hodling, when the price is this low.  ;D

As a person who bought, but not as much as I should have, I hope it will get $200 only once more, and then to the moon.  :D

Selfish, aren't I?  8)

I guess halving too far before we get into profits with respect to current bitcoin price trend. Once you buy now you will turn into profit in one or two days. So, it's not a big deal and more safer to buy bitcoin with current trend.

Not at all... Everybody has to make a living..

On the topic "to buy or not to buy". I think the odds are pretty good that the price will rise in the near future. With those things going on in china, and the halving around the corner. There's never a guarantee tough!
If i had money i could afford to lose, i'd invest it  :)

When you are ready to wait means, nothing would be the wrong amount you can invest in buying bitcoin. I believe with the current upward trend of bitcoin will get you some decent profits in day one itself or more probably in day two. So, buying is now recommended.

For the very short term I say, not really, as the Bitcoin price went up quite a bit in a short time. For the long term I say, hell yeah! If you plan to buy to hold at least a few years, then you will enjoy seeing your coins gain value throughout the years. But you do need patience and steel balls as there will be moments where the price will go down due to panic sellers.

As you said that I can buy what I can afford to lost so im planning to buy now with the current price if ever it will drop I will buy again so I can average down the price of btc that I buy in high price.

it was safe from above 200 already, no signal of sub 200 by a long shot, ai would by everything from there if i had the money, but since i have acquire bitcoin in other way, it's not needed for me

Yes I agree of your advice the current price now is so high and we dont know when it will drop so if im a short term trader of bitcoin I wouldn't buy but im a long term investor of bitcoin so I will buy wat ever the price then if will drop the price I still buy so my average will go down, it that ok strategy?

No risk no play.

The gamble right now is are we out of the 200-300 range? If it starts sliding down here - then we'll probably go back to around 220. If it crosses 316 - then we are out of the 200-300 range and maybe people will buy believing this is the start of a next rally. It that will be enough to really start it is impossible to tell. But on all the previous bubbles it was the same situation.

It will fall down eventually. We don't know if it'll be in 350$ or 500$. It's up to you, we can't give you investment advice.

i would answer yes
the price has not stopping rise up now so i guess is still safe to buy now and probably in the near future we would reach to $320

yes prices are at over bough zone when we take the time frame it rallied from $230 to $300 levels. So, buying at over bought area only in some occasions may give profits and mostly not recommended by any analyst.

That's a great strategy! What I do is buying with 50% of the fiat I have for trading purposes, and the other part of the money will be used to buy up more coins when it goes down even more. That allows you to play the market without going all in. Always keep money to buy more when needed.

$300 might seem a lot now, but it's going to be a whole lot higher than this before long.

Yeah it might drop a little in the next few weeks, or it might not, but it will see $300+ again in the future.

How does one know when it is safe to buy bitcoins?

And how much bitcoins would one buy?

That is a question impossible to answer. The bitcoin price is too volatile. Fortunately, the price always rises in a 3 year period.

Just buy with the money you can afford. If that is $100 for you, then that's a good investment. If you plan to hold your coins with the long term in mind, then the current price is fine for buying. If you are very short term minded, then I advice you to wait a bit.

WEll, if BTC will have the same movement as last black friday..... Next year could pay 40$ per BTC  :P ::) :-X :'(

It is the next year now. The price is higher than the $40 prediction. I expect the price to rise further.

I see that you are not newbie. So must have some knowledge about bitcoin (who has invented it, how can be sent of received bitcoin, where can be stored and other such things of this level). Now is the time to learn something totally new for most of them like you. Which is much more important than your Black Friday on the story of bitcoin. Its name is halving and mean half of bitcoin in the market in the same time compared with before halving. You must fix well this happening because not Black Friday but every kind of color Friday cannot be able to cause the decrease of its price. Or better. Every kind of color friday cannot stop the increase of its price. Maybe can affect it for a while (being all the colors together) but cannot change never its trend.