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Author Topic: With the recent price jump, is now a bad time to buy?  (Read 3929 times)
TastyChillySauce00
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December 11, 2015, 10:56:26 AM
 #61

its the right time to buy until the halving happen and bitcoin price will go up, probably we can't see 300$ price again, and 1000$/bitcoin will be happening again

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December 11, 2015, 11:05:18 AM
 #62

its the right time to buy until the halving happen and bitcoin price will go up, probably we can't see 300$ price again, and 1000$/bitcoin will be happening again

The closer we are heading towards the block halving, the more we are distancing ourself from the $300 level. We keep saying 'if you want to hold for the long term, then it's the right time to buy' since the price was around $220-$240. And look now, it pays off to buy.

I agree that it's a great time to buy while we still are fairly far away from the block halving. This whole month and probably January too will be good buying moments. Just don't wait too long with buying. If you have money that you don't need the comming year(s), then definitely invest if you was thinking to do so.
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December 11, 2015, 11:13:53 AM
 #63

Feel the market. There is no wrong buying at $300-$500 mark because I am 100% sure it will surpass that range, even not for now, but chances are really high that it will happen.

Always take advantage when the price dip.

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Legoiniel
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December 11, 2015, 11:57:12 AM
 #64

Well if you can't afford yes this is a bad time to buy, but you can just try to buy little amount untill 1 BTC and wait for increase so with that you can make profit.
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December 11, 2015, 12:40:22 PM
 #65

Well if you can't afford yes this is a bad time to buy, but you can just try to buy little amount untill 1 BTC and wait for increase so with that you can make profit.

And besides there are ways to earn bitcoin without involving too much in buying so if one can't afford work for bitcoin.

But of course if one really want to acquire more coins, while working for bitcoin they can buy at the same time.

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bitlancr
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December 11, 2015, 01:42:24 PM
 #66

If you can afford it I would say yes, buy bitcoin right now. If it keeps going up the way that it has been going, it will be a long while before we see the $300 again
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December 18, 2015, 09:50:18 AM
 #67

Well, it seems I should have bought more! I didn't realize the price would just keep going, up, up, up  Cheesy
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December 18, 2015, 10:45:40 AM
 #68

It's always the time to buy bitcoin a bit at a time. I buy bitcoin every month with spare cash I have. Your savings will grow. You can spend your bitcoin when you need to and buy it back when you have the opportunity. It is a matter of time bitcoin will be worth a lot more than $500.

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December 18, 2015, 10:48:11 AM
 #69

Many people here have given you a good advice to spread the purchases over time.
Since nobody can be certain what will happen to the price in the future (although many people certainly hope that it will continue to go up), this way you spread your risk.

It is probably a good idea to consider the negative scenarios - what will you do, if the price goes down ? Will you hold your position, no matter what, expecting the price to eventually recover, or do you have a pain level, at which you will realise your loss and get out ?

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December 18, 2015, 08:03:48 PM
 #70

Well not bad but it is worse than it was before few weeks or months when the price was pretty low comparing with today's price, but again it is not bad as the price can be increased at any time.
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December 18, 2015, 08:21:29 PM
 #71

For me not. I am certain the price will go down again. It has been going like this for years now.
Will it not be this money, then it will be next year.

The current value of bitcoin is not 450. It will be, but not today.

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December 18, 2015, 08:50:28 PM
 #72

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.
There is a very simple answer to your question.

If you think Bitcoin was a good buy at $15 in Jan 2013, after it had doubled/tripled from it's 2012 year long low but was still half of it's previous ATH, then yes now is a good time to buy.

If you think Bitcoin was not a good buy at $15 in Jan 2013 because it had recently tripled in price, then no now is a bad time to buy.
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December 18, 2015, 09:03:22 PM
 #73

i think that its still a good time to buy if you consider bitcoin to be a very long time investment the price of bitcoin will be way higher after a few years what means it is profitable to buy bitcoins for a while now lets hope my prediction are right i will definitely buy some bitcoins
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December 18, 2015, 09:42:17 PM
 #74

Probably yes this is not a great time to buy a bitcoins because there's a possibility to fall the price.
I think you should for a couple of weeks before you decide to buy if the price is falling...
If not and the price still stable should not to buy a bitcoins.

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December 18, 2015, 10:08:14 PM
 #75

Anything can happen right now. My gut says it is going to crash down to 300, but seeing the continous increase the last couple of months i am very tempted to buy more.

Well if it stays above 450 at the end of the year I will buy.

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December 18, 2015, 11:57:30 PM
 #76

I prefer to wait for the moment. The price is quite high now, and to be honest I am afraid if I buy it will go down very quick.

Then I have to wait or maybe even lose money.
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December 19, 2015, 03:37:48 AM
 #77

seems to be stuck in this range and constantly retesting 460 level. breakout soon?
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December 19, 2015, 08:17:04 AM
 #78

its the right time to buy until the halving happen and bitcoin price will go up, probably we can't see 300$ price again, and 1000$/bitcoin will be happening again
Don't buy at this Because price going high in fast, just wait for few months of time and price will fall down That utilize and buy your wish and then This time just save your bitcoin as much as possible. If wanna sell also Just wait for 2 weeks and sell. As per prediction end of December We can see a good market value for BTC.
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December 19, 2015, 08:37:03 AM
 #79

I prefer to wait for the moment. The price is quite high now, and to be honest I am afraid if I buy it will go down very quick.

Then I have to wait or maybe even lose money.

the last bottom was considered around 300-350, so at best we can return at that point, but if you're here to dump at 1k like many other, who care about those swings right?

you should buy exclusively based on your final target, ignore everything else
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December 19, 2015, 11:01:43 AM
 #80

I prefer to wait for the moment. The price is quite high now, and to be honest I am afraid if I buy it will go down very quick.

Then I have to wait or maybe even lose money.

the last bottom was considered around 300-350, so at best we can return at that point, but if you're here to dump at 1k like many other, who care about those swings right?

you should buy exclusively based on your final target, ignore everything else

That's exactly what I'm doing. I don't really care for what the price is right now up until it goes up to $1000, I would be ready to sell some of my bitcoins.
Get some profit out of that and maybe invest again when the price drops.

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