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Author Topic: Should I buy now?  (Read 4385 times)
JumperX
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July 05, 2016, 10:54:41 AM
 #121

No I would not buy any bitcoins right now because of the fact that the price is too high and the profit will than be so minimum.
It will simply just not be worth doing that in my eyes and opinion.

Yes its better to wait for price drop and if we buy with current price then profit margin will be low and its risky because we don't know price will go higher or lower in coming days.

The price might rise soon that expected. The Chinese miners are demanding a big block size. That is good for the bitcoin and its price.

We cannot predict what will happen next, as bitcoin is very much unpredictable, as when price touched $780 last month we were expecting $1k price by now, but unfortunately it didn't happen.
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July 05, 2016, 12:37:02 PM
 #122

No I would not buy any bitcoins right now because of the fact that the price is too high and the profit will than be so minimum.
It will simply just not be worth doing that in my eyes and opinion.

Yes its better to wait for price drop and if we buy with current price then profit margin will be low and its risky because we don't know price will go higher or lower in coming days.

The price might rise soon that expected. The Chinese miners are demanding a big block size. That is good for the bitcoin and its price.

We cannot predict what will happen next, as bitcoin is very much unpredictable, as when price touched $780 last month we were expecting $1k price by now, but unfortunately it didn't happen.
of course no one can predict what will be the price after some time, in my opinion this might allow me to make some good money easily for just holding my bitcoins in a cold storage because the price will grow a lot

 
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HilbillyFred
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July 05, 2016, 01:40:11 PM
 #123

Bitcoin is around 560-580, should I buy or there's a chance that the bitcoin will hit a lower price any soon? What abou the bitfinex?
Dont buy bitcoins right now you have to wait till the price of the bitcoin dropped that low that we all can have more profit out of it
you know when the price is lower and then will rise you will get more profit.
Altcoinmoney
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July 05, 2016, 01:40:16 PM
 #124

the current prices back again to $600 above now but is not too late to buy bitcoin because perhaps the prices will more increase again tomorrow but i won't guarantee for these moment but i personally still dare to buy bitcoin and hold it

Yeah we can afford to buy at this price as price is comparatively good to make good profits at halving, as we may achieve the price of $800 at halving.
If you where clever and you want to buy them now do it becaused the price of the bitcoin will be atleast 1000 dollar each at the end of
this year so end of 2016 will be the year of the bitcoin for sure first time hitting the 1000.
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July 05, 2016, 01:41:35 PM
 #125

From my personal view, bitcoin price will soon be 1k. especially because halvening is happening. But be careful, if you wanna buy, buy it now
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July 05, 2016, 01:42:52 PM
 #126

the current prices back again to $600 above now but is not too late to buy bitcoin because perhaps the prices will more increase again tomorrow but i won't guarantee for these moment but i personally still dare to buy bitcoin and hold it

Yeah we can afford to buy at this price as price is comparatively good to make good profits at halving, as we may achieve the price of $800 at halving.
If you where clever and you want to buy them now do it becaused the price of the bitcoin will be atleast 1000 dollar each at the end of
this year so end of 2016 will be the year of the bitcoin for sure first time hitting the 1000.

Yup that price can be achieved in this year, as halving will also help in taking its price to higher level which will be followed too in next coming months, so buying at this is a right thing to do.
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July 05, 2016, 01:44:56 PM
 #127

I think its not a good idea to buy bitcoins right now because the price of bitcoin is gradually decreases and there is no possibility that the price will increase before block halving or after block halving
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July 05, 2016, 01:56:47 PM
 #128

No I would not buy any bitcoins right now because of the fact that the price is too high and the profit will than be so minimum.
It will simply just not be worth doing that in my eyes and opinion.

Yes its better to wait for price drop and if we buy with current price then profit margin will be low and its risky because we don't know price will go higher or lower in coming days.

The price might rise soon that expected. The Chinese miners are demanding a big block size. That is good for the bitcoin and its price.

Yeah, the Chinese have a lot of power concerning bitcoin. This recent pump was solely because of them. It'd be good to watch them closely.

Sniper44
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July 05, 2016, 01:59:23 PM
 #129

No I would not buy any bitcoins right now because of the fact that the price is too high and the profit will than be so minimum.
It will simply just not be worth doing that in my eyes and opinion.

Yes its better to wait for price drop and if we buy with current price then profit margin will be low and its risky because we don't know price will go higher or lower in coming days.

The price might rise soon that expected. The Chinese miners are demanding a big block size. That is good for the bitcoin and its price.

Yeah, the Chinese have a lot of power concerning bitcoin. This recent pump was solely because of them. It'd be good to watch them closely.

well, they might be big power in bitcoin but they are never alone. there are a lot of other big investors that have became whales throughout the years and now have a big say in the bitcoin market so you can't just assign the rise to one group of people.

to the moon with bitcoin...
Amph
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July 05, 2016, 02:01:06 PM
 #130

I think its not a good idea to buy bitcoins right now because the price of bitcoin is gradually decreases and there is no possibility that the price will increase before block halving or after block halving

you're talking out of your ass, the price is not decreasing at all let alone "gradually" the price is stuck there at the same rate waiting for the next pump, i see this same pattern over and over again

pump---->correction--->stagnation--->pump---repeat
DomesticTrader
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July 05, 2016, 02:29:08 PM
 #131

If you want to buy bitcoins right now you have to do it right now because the coin will rise allot in the next view months for sure so make sure
you have enough invested into the bitcoin and not to less make more profit.
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July 05, 2016, 02:31:50 PM
 #132

I am not buying now as I am short off funds now, but If I would have excess money then I would have bought few coins  and would have saved for the future.

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July 05, 2016, 02:39:26 PM
 #133

Buying bitcoins its good but I honestly would not do it right now because its not worth it compared with the profit you than would make.
I think its just not worth it because it will maybe give you some money back but not a lot at all..
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July 07, 2016, 05:38:00 PM
 #134

I am not buying now as I am short off funds now, but If I would have excess money then I would have bought few coins  and would have saved for the future.

You are lucky. If you buy now and wait a bit longer, you might get 15% more bitcoin for same amount of fiat.
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July 07, 2016, 06:58:27 PM
 #135

Buying bitcoins its good but I honestly would not do it right now because its not worth it compared with the profit you than would make.
I think its just not worth it because it will maybe give you some money back but not a lot at all..

I don't get your post. So bottom line is you will only rely on your own method to earn bitcoin and didn't bother to buy at all because it's not good? Well it's your choice after all even you don't want to buy at the current price.

But for those diehard traders, buying coins is the key to make profit, obviously lol.

Also can't understand too your statement of "it's not worth it compared with the profit you than would make". Im now wondering what is your method to gain bitcoin to the point that profit in trading is not worth it.
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July 07, 2016, 08:14:19 PM
 #136

You can buy some bitcoins right now but I would not do it because of the fact that buying can now let you lose a lot of money.
If you are gonna buy right now be sure and sell it on the right moment again when the price is higher than the buy-in..
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July 07, 2016, 08:40:51 PM
 #137

I am not buying now as I am short off funds now, but If I would have excess money then I would have bought few coins  and would have saved for the future.

You are lucky. If you buy now and wait a bit longer, you might get 15% more bitcoin for same amount of fiat.
thats true, the price is going to go up real hard in the near future and it will make you a lot of profit so i would buy right now a lot of bitcoins and then wait in order to make profit over time
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July 07, 2016, 09:14:49 PM
 #138

You must be a man with steel balls if you buy today. The market or at least some whales has spoken. The price is too thigh and so the dump has started.
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July 07, 2016, 09:33:51 PM
 #139

No I would not buy any bitcoins right now because of the fact that the price is too high and the profit will than be so minimum.
It will simply just not be worth doing that in my eyes and opinion.

Yes its better to wait for price drop and if we buy with current price then profit margin will be low and its risky because we don't know price will go higher or lower in coming days.

The price might rise soon that expected. The Chinese miners are demanding a big block size. That is good for the bitcoin and its price.
of course the price might start growing any time at the moment so i think that would definitely be better to just buy as much bitcoins as possible and then hold it all to make money

 
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July 07, 2016, 10:04:02 PM
 #140

You must be a man with steel balls if you buy today. The market or at least some whales has spoken. The price is too thigh and so the dump has started.

I am pretty sure being a trader requires to have ball of steel. With the price in a decline it's safe to say buying now is only wise if you try to profit from the small increase which happen every hour or so. But for an average user, the moment is far to uncertain to start executing a buy strategy.

At the moment I am just watching close to see if I can see where the market is heading and yes it's very hard. In the morning it went to 639 to 648, now it went below 620 to 627.
Both bear and bull are acting strong now.
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