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grahvity
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November 01, 2015, 08:42:16 AM |
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Buy $150 and any thing below that then HODL. Daily RSI is dangerously overbought after a 5 week rise that culminated in a parabolic spike going nearly vertical. Market makers willl do their best to shake out weak hands. $360-$400 still possible but after the auction and Black Friday.... the hard folk will be a couple short months away. Plenty of time for panic selling on chilling news.
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fearlesscat10
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November 01, 2015, 11:21:43 AM |
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Buy $150 and any thing below that then HODL. Daily RSI is dangerously overbought after a 5 week rise that culminated in a parabolic spike going nearly vertical. Market makers willl do their best to shake out weak hands. $360-$400 still possible but after the auction and Black Friday.... the hard folk will be a couple short months away. Plenty of time for panic selling on chilling news.
The problem with that is that we probably won't see $150 ever again. Especially with the halving next year. There are a lot of rumors that the price will rise around that time, so I doubt a lot of people would sell before the halving occurs. |
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koryu
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November 01, 2015, 11:28:37 AM |
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If I wasn't invested yet. I would wait til the price has stabilized above 350. Then buy a dip on its way up to 400+. If we go down I would buy at 290 or 250. Keep an eye on the moving averages. Good luck.
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grahvity
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November 01, 2015, 11:33:11 AM |
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Buy $150 and any thing below that then HODL. Daily RSI is dangerously overbought after a 5 week rise that culminated in a parabolic spike going nearly vertical. Market makers willl do their best to shake out weak hands. $360-$400 still possible but after the auction and Black Friday.... the hard folk will be a couple short months away. Plenty of time for panic selling on chilling news.
The problem with that is that we probably won't see $150 ever again. Especially with the halving next year. There are a lot of rumors that the price will rise around that time, so I doubt a lot of people would sell before the halving occurs. There was a similar run-up in ltc before its halving and after the fact... nobody gave a shit. A so-called buy the rumor, sell the news. The price is still the price and just a hair above $300 the RSI and other indicator are through the roof. There's always room for panic regardless of fundamentals and I wouldn't put it past the whales to loosen as many coins from traders as possible when those indicators start coming down into oversold territory. |
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Denker
Legendary
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Activity: 1442
Merit: 1014
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November 01, 2015, 11:35:07 AM |
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The price has been going up quite steadily the past few days. I want to buy around 3k of coin but I'm reluctant right now, because I predict a crash happening quite soon. Not really sure where I should enter at, I think after a price drop of $50 I'd be safe. Ideally I'm trying to win at a January 14 scenario  I'm not sure if the price will crash any time soon or ever. I believe we will continue rising the next few weeks. It's up to you when and how to invest your money and asking for help or hints won't help you that much I believe. Decide on your own and live with it, however it will end. |
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sakira
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November 01, 2015, 12:18:20 PM |
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I would wait for the price drop to the range of $290- $300, then I will buy. but it seems I need a little patience  |
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omahapoker
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November 01, 2015, 12:38:51 PM |
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I would wait for the price drop to the range of $290- $300, then I will buy. but it seems I need a little patience I think we're facing an uptrend, it won't go below $300 so soon. So you need more than a "little patience" But you have to decide on your own... no crystal balls at the moment. |
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randy8777
Legendary
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Activity: 896
Merit: 1000
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November 01, 2015, 01:00:30 PM |
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people should simply buy when they feel comfortable to do so. if you do a bit research before buying, you mostly get a good indication of when to buy.
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sakira
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November 02, 2015, 10:13:58 AM |
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I would wait for the price drop to the range of $290- $300, then I will buy. but it seems I need a little patience I think we're facing an uptrend, it won't go below $300 so soon. So you need more than a "little patience" But you have to decide on your own... no crystal balls at the moment. Well it seems me to be a little patient and wait to get back down to $300, but this is a point that is safe to buy I think |
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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November 02, 2015, 10:18:21 AM |
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I would wait for the price drop to the range of $290- $300, then I will buy. but it seems I need a little patience I think we're facing an uptrend, it won't go below $300 so soon. So you need more than a "little patience" But you have to decide on your own... no crystal balls at the moment. Well it seems me to be a little patient and wait to get back down to $300, but this is a point that is safe to buy I think Patience is good, but don't wait too long with buying. If you believe in Bitcoin's future, then right now is a good buying moment. Don't panic if the price goes down, just hold and you'll be fine. We might see $400 this year if we continue going up as last days. |
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Vahnt
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Merit: 0
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November 02, 2015, 12:07:51 PM |
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I think with this recent breakout above the prior high of $344 the uptrend is basically back in full force. If I was looking to add to my stash in this environment I'd probably cost-average into it, although you run the risk of missing the train if the price continues this upward ascent. I think it all comes down to these supposed large amount of shorts on Finex that people have been talking about and whether they've already covered or not, because the position is clearly not looking like a profitable one right now. If they have yet to cover, a cascading margin call effect could bubble us right up to $375 or so, possibly higher.
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smith coins
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November 02, 2015, 12:13:52 PM |
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Well the best price was when the price was below $280
It was few weeks ago, but also yesterday was a good day too.
But never say never you can buy now and wait because i think it will reach $350 by today or tomorrow.
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LFC_Bitcoin
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#1 VIP Crypto Casino
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November 02, 2015, 12:14:01 PM |
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Buy now or risk missing this train. Don't have any regrets, get in whilst you can still afford to.
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Q7
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November 02, 2015, 12:40:59 PM |
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Well I've been monitoring the buy orders at several exchangers and at this stage, it doesn't seem to show that there is a shortage of buyers. The decision is still up to you to finalize but in this condition it will be too difficult to predict the outcome. I think buying small but frequent will help to spread out the risks and have you get the price averaged out.
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NorrisK
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Activity: 1946
Merit: 1007
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November 02, 2015, 02:07:09 PM |
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Well I've been monitoring the buy orders at several exchangers and at this stage, it doesn't seem to show that there is a shortage of buyers. The decision is still up to you to finalize but in this condition it will be too difficult to predict the outcome. I think buying small but frequent will help to spread out the risks and have you get the price averaged out.
Buying multiple times to spread your avarage buy price is the wisest you can do at the moment. Predicting a valley is too difficult at the moment indeed and with daily fluctuations of 10-20 USD you can pick a nice spot during the day without too much problems imo. The 3 btc at that price (10xx USD) is quite expensive, but I guess that's what you get nowadays. |
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BitcoinNewsMagazine
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Activity: 1806
Merit: 1164
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November 02, 2015, 02:18:57 PM |
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The price has been going up quite steadily the past few days. I want to buy around 3k of coin but I'm reluctant right now, because I predict a crash happening quite soon. Not really sure where I should enter at, I think after a price drop of $50 I'd be safe. Ideally I'm trying to win at a January 14 scenario  As long as bitcoin price stays above 200 SMA on a weekly chart we are in a bull market by definition.  If you want to get the best entry price just wait for a day with heavy selling volume and buy. Or you can just buy now at market. I think 6 months from now there is 80% chance price is over $500 so entry price may not be that important to you on a longer time frame. |
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Amph
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Activity: 3206
Merit: 1069
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November 02, 2015, 02:43:49 PM |
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if you're not a daily trader, every target that is below your future sell target is a good target
buying now or when it was 230, it will not make any difference if you're going to hold up to 10k...
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smith coins
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November 02, 2015, 03:38:40 PM |
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if you're not a daily trader, every target that is below your future sell target is a good target
buying now or when it was 230, it will not make any difference if you're going to hold up to 10k...
Not a large difference but still a good difference if you ask me. Anyway the price is good enough even to sell or even to buy(for long term). But from this i can understand that the price will be increased until Halving period. |
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Mickeyb
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November 02, 2015, 04:15:54 PM |
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I honestly believe that this is a future and that Bitcoin will have much higher price in the future than it has today. So from that perspective, this price is still a bargain.
Now of course that it would be better if you have bought at $230 than at $330, but as I said, even these prices are peanuts on what I expect this thing will climb to.
Of course, we need time, few years for develop further, have attain much bigger adoption and reach these huge prices.
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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November 02, 2015, 04:46:35 PM |
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Well the best price was when the price was below $280
It was few weeks ago, but also yesterday was a good day too.
But never say never you can buy now and wait because i think it will reach $350 by today or tomorrow.
it's always easy to tell the best price to buy/sell at in hindsight, but in reality you will never get the best price, just get something that is profitable in the long run. right now, any price is good, because we are way undervalued anyway. |
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