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Author Topic: Still safe to buy bitcoin?  (Read 1695 times)
Zz
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October 29, 2015, 10:29:13 AM
 #21

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.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Nahl
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October 29, 2015, 10:37:30 AM
 #22

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
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October 29, 2015, 10:43:48 AM
 #23

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.

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.

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October 29, 2015, 10:44:51 AM
 #24

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?

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.
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?

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.
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October 29, 2015, 05:00:19 PM
 #25

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?


$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.
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November 25, 2015, 08:44:35 AM
 #26

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

And how much bitcoins would one buy?

Hamaber
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November 27, 2015, 07:38:36 AM
 #27

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.
richardsNY
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November 27, 2015, 04:13:35 PM
 #28

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

And how much bitcoins would one buy?

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.
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November 27, 2015, 04:17:14 PM
 #29

WEll, if BTC will have the same movement as last black friday..... Next year could pay 40$ per BTC  Tongue Roll Eyes Lips sealed Cry

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January 10, 2016, 12:30:39 PM
 #30

WEll, if BTC will have the same movement as last black friday..... Next year could pay 40$ per BTC  Tongue Roll Eyes Lips sealed Cry

It is the next year now. The price is higher than the $40 prediction. I expect the price to rise further.
n2004al
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January 10, 2016, 12:55:35 PM
 #31

WEll, if BTC will have the same movement as last black friday..... Next year could pay 40$ per BTC  Tongue Roll Eyes Lips sealed Cry

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.
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