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Author Topic: Is now a good time to buy and store Bitcoin?  (Read 6462 times)
stromma44
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May 30, 2016, 11:34:19 AM
 #101

I do not think that would be a good idea is clear. I just think you have to keep your coins and quietly wait and see what will happen. It would be a shame if you miss money.

If you can afford to buy with current price then you should buy few of them, as price will be surely very high at the time of halving.
Next BillG
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May 31, 2016, 08:05:07 AM
 #102

I do not think that would be a good idea is clear. I just think you have to keep your coins and quietly wait and see what will happen. It would be a shame if you miss money.

If you can afford to buy with current price then you should buy few of them, as price will be surely very high at the time of halving.

It is difficult to say. The price might have already responded to the halving. The price might not rise after the halving.
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May 31, 2016, 08:21:08 AM
 #103

That is a nice thing that you can do and that is because there are also now more people that is going to have some Bitcoin so that is really nice.
But the chance is not that high that you have to make some profit with it and that is because it can takes a long time until the value will be more worth.
MaritiJames3
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June 01, 2016, 02:00:18 PM
 #104

If you have the money to buy some coins right now it is not a bad thing to do so but I suggest that you wait until the halving because that will lower the price which is going to allow you to buy more coins then right now.
randy8777
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June 01, 2016, 02:16:25 PM
 #105

If you have the money to buy some coins right now it is not a bad thing to do so but I suggest that you wait until the halving because that will lower the price which is going to allow you to buy more coins then right now.

if you want to make sure you don't miss out on profits from a rally that will happen before the block halving takes place, then you can buy yourself some coins now with the amount that you can afford. if you already hold some coins, then keep waiting as the need to buy more coins isn't really there. secure profits just before the block halving, and buy back your coins after the block halving. that's what i will do.
kehtolo
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June 01, 2016, 02:21:07 PM
 #106

In hindsight May 9th was a fine entry point. ~$450

(Anytime pre April 15 was also very good as that is when the price actually started rising IMO)

a day or two later he could of got in for ~$435

A day or two later the price is rising.

Now it's ~$540


Hindsight says yes... you should have bought. I hope you did. Remember, hold those coins for a while man.

The next 24 hours are critical!
CryptoBjorn
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June 01, 2016, 07:46:14 PM
 #107

If you have the money to buy some coins right now it is not a bad thing to do so but I suggest that you wait until the halving because that will lower the price which is going to allow you to buy more coins then right now.

if you want to make sure you don't miss out on profits from a rally that will happen before the block halving takes place, then you can buy yourself some coins now with the amount that you can afford. if you already hold some coins, then keep waiting as the need to buy more coins isn't really there. secure profits just before the block halving, and buy back your coins after the block halving. that's what i will do.

Waiting for profits on a rally is not my cup of tea. I buy and hold for a longer term. Offcourse I tried to make small time profits with a rally but it takes too much time, monitoring and energy when you play with volumes less then 2k worth of bitcoin.

The price being high should be no reason to withheld yourself from longterm investments.
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June 01, 2016, 08:24:51 PM
 #108

I'm looking forward to Bitcoin rise after the halving.
I'm planning to buy 4-5 BTC,is now a good time?
What do you all think?

yes this is actually very good moment to buy bitcoins even if price is large now, and it will keep rising but still, later price will be too large to buy and you will lose possible profit

price now is 520$ but in 2 months price probably will be 1000$ because of halving so you will be able to sell your bitcoins for much more than you spent now to buy them

 
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wikenpp
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June 01, 2016, 08:49:51 PM
 #109

I do believe every price under 600 dollar is good if you can wait for 1 or 2 years. If you are in a hurry to make a quick profit then find another investment.
Bitcoin's price on the long term will get back to 1200 if you ask me. It's just a matter of time.
vero
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June 01, 2016, 09:44:15 PM
 #110

If you have the money to buy some coins right now it is not a bad thing to do so but I suggest that you wait until the halving because that will lower the price which is going to allow you to buy more coins then right now.
if you buy bitcoin after halving of course you will miss the time to get a profit, we has waiting and prepare to collect much bitcoin and would sell it in the high price.

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June 01, 2016, 10:23:59 PM
 #111

I do believe every price under 600 dollar is good if you can wait for 1 or 2 years. If you are in a hurry to make a quick profit then find another investment.
Bitcoin's price on the long term will get back to 1200 if you ask me. It's just a matter of time.
you are right, people can make a lot of money in my opinion if they invest into bitcoin right now and bitcoin will surely become more valuable than just 1200 dollars per bitcoin

i believe that right now is the best time to invest your money into bitcoin because the price is going up slowly but surely and in this way the bitcoin will become big one day

 
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QuintLeo
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June 02, 2016, 08:16:52 AM
 #112

I think you should have bought Bitcoin around June-October timeframe last year.

 8-)


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Next BillG
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June 03, 2016, 07:00:45 AM
 #113

I think you should have bought Bitcoin around June-October timeframe last year.

 8-)



It is always good to look in hindsight. But if we look forward, the current $530 price is also good price to buy.
1Referee
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June 03, 2016, 08:14:32 AM
 #114

I think you should have bought Bitcoin around June-October timeframe last year.

 8-)



Smart people have indeed bought their coins back in 2015. People that are always waiting for the price to go down end up buying at todays prices while they had the chance to buy their coins well below $300, but still they didn't buy anything.
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June 03, 2016, 08:28:57 AM
 #115

Yes it is ,while it is still below $600 it is a good time for me to buy .then it can be stored better and wait until next term of bitcoin halving  that was i think it goes around $1000 above .


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Next BillG
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June 04, 2016, 10:09:19 AM
 #116

Yes it is ,while it is still below $600 it is a good time for me to buy .then it can be stored better and wait until next term of bitcoin halving  that was i think it goes around $1000 above .

I think the price will be around $2000 in 24 months. So it is better to buy when the price is still low.
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June 04, 2016, 10:17:35 AM
 #117

Yes it is ,while it is still below $600 it is a good time for me to buy .then it can be stored better and wait until next term of bitcoin halving  that was i think it goes around $1000 above .

I think the price will be around $2000 in 24 months. So it is better to buy when the price is still low.
$2000 value is impossible and i think the price will be around to 600-800 value this month. This is just my prediction anytime soon the price will change according to price movement..
maybe in next year or next 2 years we will see the price will hit $2000..
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June 04, 2016, 10:28:28 AM
 #118

Yes it is ,while it is still below $600 it is a good time for me to buy .then it can be stored better and wait until next term of bitcoin halving  that was i think it goes around $1000 above .

Well if you can afford to buy 1 bitcoin for $586 then go buy one. Since it will just go higher and higher so today the price is the good time to buy bitcoin.
Because tomorrow, for sure it will go rise again. And yes, today is also the good time to store bitcoins because the halving is near, and you will earn after the halving when the price increases.

Vires in Numeris
yubsep
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June 04, 2016, 10:39:29 AM
 #119

Agree with you.. Soon after 2 or 3 days from now will be at $600.. Now at this moment in average $590...
I think $2000 will not be in 2016.. Maybe in 2019 the price will be rest in average $1800-$2000...
Remember the price was $1290 in the middle of year 2013 and back quickly again to $290 in the first of year 2015...

$2000 value is impossible and i think the price will be around to 600-800 value this month. This is just my prediction anytime soon the price will change according to price movement..
maybe in next year or next 2 years we will see the price will hit $2000..
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June 04, 2016, 10:44:39 AM
 #120

I'm looking forward to Bitcoin rise after the halving.
I'm planning to buy 4-5 BTC,is now a good time?
What do you all think?
After the Halving Bitcoin price will be down, and i m sure that will be a best time to buy the bitcoins.
Actually i have also a plan to buy the bitcoins after the halving, but it depend on time, only right time decision giving us profit.
If you have bitcoins now, so should wait for halving and use the halving and sell your bitcoins on correct time, and after it the bitcoins price come down suddenly, than buy 4 or 5 bitcoins in the low price.
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