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Xubu
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December 09, 2015, 12:22:52 PM |
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not, if you are aiming at 1k usd to sell or higher, it's up to you and your target, there are no bad time to buy unless we are at a very high value, and we can clearly see that the price will not increase farther
not certainly a thing that will happen right now
Why do you think the price will not increase further? Can you motivate that answer please, i am doubting to invest more in BTC as well. |
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Amph
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December 09, 2015, 12:27:51 PM
Last edit: December 09, 2015, 12:52:58 PM by Amph |
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not, if you are aiming at 1k usd to sell or higher, it's up to you and your target, there are no bad time to buy unless we are at a very high value, and we can clearly see that the price will not increase farther
not certainly a thing that will happen right now
Why do you think the price will not increase further? Can you motivate that answer please, i am doubting to invest more in BTC as well. i think you misunderstood what i've wrote, you forgot the first part of what you bolded "there are no bad time to buy unless we are at a very high value, and we can clearly see that the price will not increase farther"
i was saying that when btc will reach a very high price, the chance to go even higher will be very slim... |
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Xubu
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December 09, 2015, 12:32:07 PM |
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not, if you are aiming at 1k usd to sell or higher, it's up to you and your target, there are no bad time to buy unless we are at a very high value, and we can clearly see that the price will not increase farther
not certainly a thing that will happen right now
Why do you think the price will not increase further? Can you motivate that answer please, i am doubting to invest more in BTC as well. i think you misunderstood what i've wrote, you forgot the first part of what you bolded "there are no bad time to buy unless we are at a very high value, and we can clearly see that the price will not increase farther"
i was saying that when btc will reach a very high price, the chance to go even higher will be very slim...
I see. Sorry i was a little hasty when reading. |
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wadii33
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December 09, 2015, 12:44:56 PM |
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it's not clear that bitcoin prices to go more up or to go down but in a long term invstment i would say buy now!!
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erikalui
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December 09, 2015, 12:58:17 PM |
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Bitcoin is an investment and like gold and property prices rise and fall, the bitcoin prices also fluctuate and when people are OK to take a risk, I don't find it wrong to advise a person to invest in bitcoins. The price of BTC was $1300 and now it's $420-$430 which is still low and hence it is the right time to buy coins and save it.
I would agree with you and as you said Investing in a bitcoin will not waste at current situation and ever. From few weeks onwards Price is moving high day by day consistently. So No need to worry in investing fiat into BTC. I am sure he can invest in bitcoin Yes, it is not too late to buy bitcoins. Because you may miss the current prices of $410 levels when bitcoin testing the $500 levels by end of this month. Like many people here I too believe bitcoin will hit $1200 levels. So, buying now must be a wise idea. I do believe that the prices will increase from here but it needs time and patience. I've seen people complaining a lot as they invest in bitcoins and say I lost my fiat cash by investing and hence if they cannot take risks, bitcoin isn't a currency for them. |
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cptdome1
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December 09, 2015, 01:00:23 PM |
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Just buy in a few clips over the next few weeks. Average into your entry so you dont have to worry the current price right now.
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bitlancr
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December 09, 2015, 01:07:46 PM |
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I think it depends on how long you're going to use bitcoin for. If you're looking for a long term investment and to make some profits, it would be okay to buy right now.
That's if you think that bitcoin will be at $1000 again someday, you'd be able to make profits of off that.
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croato
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December 09, 2015, 01:07:52 PM |
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We could see new ATH in my opinion next year so it is still good time to buy. Even if not, Bitcoin is great long term investment, but most of us here believe in tech so not many will tell you not to buy. Make your homework and decide by your self.
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Mickeyb
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December 09, 2015, 01:17:27 PM |
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We could see new ATH in my opinion next year so it is still good time to buy. Even if not, Bitcoin is great long term investment, but most of us here believe in tech so not many will tell you not to buy. Make your homework and decide by your self.
I highly believe that we will see the new ATH during the next year and this will be reached easily in my opinion! The end of this 2015 just confirms my theory! |
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LuckyYOU
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December 09, 2015, 01:37:27 PM |
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I think any time where the price is below $500 is a good time to invest into bitcoin. It also depends if you're going to invest for a long term or not. If not then I would say don't invest but if you're going for the long term, go for it. I believe going for the long term will get you more profits.
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Xubu
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December 09, 2015, 01:42:30 PM |
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We could see new ATH in my opinion next year so it is still good time to buy. Even if not, Bitcoin is great long term investment, but most of us here believe in tech so not many will tell you not to buy. Make your homework and decide by your self.
I highly believe that we will see the new ATH during the next year and this will be reached easily in my opinion! The end of this 2015 just confirms my theory! Hope so! What is your theory about reaching the new ATH during the next year sir? |
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Bitspenser
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December 09, 2015, 02:06:02 PM |
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it's not clear that bitcoin prices to go more up or to go down but in a long term invstment i would say buy now!!
If the price rises long term, then it is good to buy at any time. If you want to trade, then it is difficult to decide. If you bought two years ago, you are still making a loss. |
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chennan
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December 09, 2015, 02:13:51 PM |
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I'm wanting to invest around $5k USD in bitcoin, primarily just to get cash out of my bank. I've had a Coinbase account for about a year but only used it for a few small transactions, so I'm not very knowledgeable about it.
With the recent surge in price, do you think now would be a good or bad time to buy? I realize there's no way to know for sure what will happen, but am curious if you think the price is going to drop back down soon or if I should buy in now before it rises more.
No one could give you precise prediction for the price movement. Probably it will continue to rise or drop down instantly. This is drawback of bitcoin, volatile price. I suggest you could buy 1k dollar now. Wait and see what will happen. If it continue rising 10%, you could buy 1k dollar again. If it goes in another direction, you could get a good chance to lower you holding cost. Honestly I think this is the best plan of attack compared to any other plan posed by this thread. Maybe you can derive your own plan based on the majority of responses here and set buy limits for yourself. I think the major consensus of all this is to not buy all 5K worth at once because you would be making a major gamble. Having back up funds when spending that much is necessary when speculating on such a volatile price in Bitcoin. |
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btcdevil
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December 09, 2015, 02:19:33 PM |
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it is on you that which type of buy you are going to do, short term or long term, in both the case i will also suggest to invest 20% of you investing option, if it goes low you can go for another 20% like this you can average your buying price, if it goes high and you are in short term plan then you can book profit, or else dont watch the price just check that when ever their is a correction you can go for buying , this is what i can suggest.
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bitcoinblessed
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December 09, 2015, 02:23:50 PM |
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Some very good points made about how you shouldn't wait for price to get cheaper to get in. Price may get a little cheaper here in the near future, but with all the hype to climb up towards 1k, now is definitely a time to buy.
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HostSurf
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December 09, 2015, 02:29:09 PM |
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It depends if you want to invest into bitcoin on a long term or short term. For short term I wouldn't recommend it since it will take awhile before you start making profits but for the long term, I suggest you go for it. I wouldn't wait too long either to buy in if I was you.
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NorrisK
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December 09, 2015, 07:09:54 PM |
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It is very difficult to predict whether or not the price will retrace back to around 300 ever again.. If you think bitcoin will continue to grow in the future, does it than really matter if you buy in now or next week, even if it is 50 usd cheaper then?
Beste advise is probaly to spread your buy in time. You risk buying in higher if it continues to rise, but you also have a chance to pick up more cheap coins.
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600watt
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December 09, 2015, 08:03:01 PM |
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if you can afford to lose the 5k, buy now.
if that does not feel right, use half and buy now.
wait two weeks and decide about the 2nd half.
we are in the strongest bull run in 20 months, imho would not wait too long.
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ivanst776
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December 09, 2015, 08:10:24 PM |
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Buying bitcoins is not considered as bad whatever the time is, this is for long term, but for short term i can say that it it not good but not bad time to buy now.
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The Sceptical Chymist
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December 09, 2015, 08:16:07 PM |
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Yeah, if you have any sort of stomach problems, it's best not to pile all your money into bitcoin and if you decide to buy it through Coinbase, it's probably best if you transfer it right out of there and into a safe wallet. Someone here mentioned buying $2500 worth, but I'd probably buy $1000 at most. But it also depends on what your time frame is and also what your outlook on bitcoin is. Good luck.
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