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Author Topic: Right Time to Buy BTC  (Read 4029 times)
shamzblueworld (OP)
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January 12, 2017, 04:53:52 AM
 #1

Is this the right time to buy bitcoin? As of this moment, bitcoin is at $769, almost where it began to rise and went pass $1100.
So is the current value where it will stay on average? I mean it can go down or up but on average do you think it will remain close to this value? If yes, then I'd assume its the best time to purchase some bitcoin.
Your thoughts?
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January 12, 2017, 04:59:11 AM
 #2

Nobody have predicted that yuan will be stronger against USD on early days of this year but that happened which make huge dump on bitcoin.
Nobody have predicted a small investigation by PBOC on chinese exchange platform can make dump on bitcoin price, but it made that effect yesterday.

So there is no guarantee what will happen to bitcoin price, you have to keep yourself updated regarding all types of news that can effect bitcoin price.
For me any price below $1000 is best price to buy, if i have more cash right now i will buy bitcoin with all of those cash in the current price.
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January 12, 2017, 05:00:31 AM
 #3

Is this the right time to buy bitcoin? As of this moment, bitcoin is at $769, almost where it began to rise and went pass $1100.
So is the current value where it will stay on average? I mean it can go down or up but on average do you think it will remain close to this value? If yes, then I'd assume its the best time to purchase some bitcoin.
Your thoughts?

Well, I had purchased some bitcoins the last month and it is really dissapointing. That happens and it lead to another so, just a wrong timing.
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January 12, 2017, 05:00:46 AM
 #4

Is this the right time to buy bitcoin? As of this moment, bitcoin is at $769, almost where it began to rise and went pass $1100.
So is the current value where it will stay on average? I mean it can go down or up but on average do you think it will remain close to this value? If yes, then I'd assume its the best time to purchase some bitcoin.
Your thoughts?

I don't think so. I doubt that bitcoin can decrease under 600$ in this month then it will be return back 900$ or higher.
Perhaps there were some bad rumors from china,   So the investors are still waiting for good news before re-buying again.
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January 12, 2017, 05:01:50 AM
 #5

Is this the right time to buy bitcoin? As of this moment, bitcoin is at $769, almost where it began to rise and went pass $1100.
So is the current value where it will stay on average? I mean it can go down or up but on average do you think it will remain close to this value? If yes, then I'd assume its the best time to purchase some bitcoin.
Your thoughts?

I don't think so. I doubt that bitcoin can decrease under 600$ in this month then it will be return back 900$ or higher.
Perhaps there were some bad rumors from china,   So the investors are still waiting for good news before re-buying again.

Then it is a good chance to buy Bitcoins while it is in 600$ i guess.

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audaciousbeing
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January 12, 2017, 05:04:26 AM
 #6

Is this the right time to buy bitcoin? As of this moment, bitcoin is at $769, almost where it began to rise and went pass $1100.
So is the current value where it will stay on average? I mean it can go down or up but on average do you think it will remain close to this value? If yes, then I'd assume its the best time to purchase some bitcoin.
Your thoughts?

Although no one can really know for sure the direction of which the price of bitcoin will slide towards because there are unfirseen circumstances that could totally change the ball game without giving anyone any heads up. At the same time, I would suggest you take time to study when the price will be relatively stable before making your decision.
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January 12, 2017, 05:05:18 AM
 #7

no one can tell you this for sure, anything is possible. the chances for both things happening are there. but i say chances of rising is a lot more than chances of falling more.

and besides this last drop was all because of a FUD about Chinese inspection, so there is no valid reason for the drop. in my opinion this drop is similar to the drop that happened because of the bitfinex hack, there was no valid reason then and price came back up after it also.


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January 12, 2017, 05:08:29 AM
 #8

Just wait for more weeks maybe the price of bitcoin will be slowly decrease.Maybe the good time to buy more bitcoin when the price floor is under $500.but its up to you if you gonna buy now.
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January 12, 2017, 05:13:53 AM
 #9

Maybe wait for another 2 days. I think it will drop even more. When it drops up to $650+. Thats good for you to buy bitcoin. But $750+ is good tho. I haven't seen any good sign yet. I've seen many bad news these days. Big whales are starting to dump right now because of FUDsters. Thats why i think the price will drop. But you can still earn more if you buy now since bitcoin has a strong foundation. It will surely recover in just a matter of weeks.
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January 12, 2017, 05:18:10 AM
 #10

price is so volatile right now which makes predicting things tougher. and it always fall onto you to make a decision about these things.
but if you have a hard time making decisions, then go for a long term investment. meaning buy bitcoin now that there is a dip and then stop looking at the price for  at least 6 months and then enjoy your big profit.

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January 12, 2017, 05:33:01 AM
 #11

I am very disappointed on what is happening with bitcoin right now. But there is no one that can really predict when is the right time to buy. And I guess it is going to be better if you are going to buy now or if you think that the price is still high enough so just wait for a while or few days. It depends on how you are satisfied.

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January 12, 2017, 05:35:48 AM
Last edit: January 12, 2017, 05:52:29 AM by kiklo
 #12

Don't buy any until after Jan 2017.
BTC Dump is still in Progress.



 Cool

FYI:
Called it , (BTC peak was only ~$74 higher than my prediction)
BTC PRICE is shooting up.

What is your Best Price Predictions?

Mine is it peaks at $1113 for the year 2016 and then dumps in Jan 2017.  Wink




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January 12, 2017, 05:42:46 AM
 #13

I think the right time would be right now. The price is really low and the demand for it is still the same and is increasing in fact as it is become more popular each day. I would say that there would be a bounce back once it hits the lowest it can get to and when that happens you'll be rich because of the price increase. If you buy now at $700 and it boosts to $1,000+ ranges again that's really a great profit!
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January 12, 2017, 05:42:55 AM
 #14

Maybe wait for another 2 days. I think it will drop even more. When it drops up to $650+. Thats good for you to buy bitcoin. But $750+ is good tho. I haven't seen any good sign yet. I've seen many bad news these days. Big whales are starting to dump right now because of FUDsters. Thats why i think the price will drop. But you can still earn more if you buy now since bitcoin has a strong foundation. It will surely recover in just a matter of weeks.
its always better to assess and keep on tracing the downfall, as we all knew that fluctuation always around us and weak holders will do some panics so better to take advantage we just needed to make sure that we can place our entry in the right timing and sell it when profits is already acceptable with your target but if you can hold for much longer for sure its much better.

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housebtc
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January 12, 2017, 05:53:18 AM
 #15

I think it is better to wait for the Chinese government to come out with their findings first before deciding to buy again, so many uncertainties covering Chinese exchanges presently, I have some already and I'm not selling because they are for long term investment.
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January 12, 2017, 06:05:20 AM
 #16

maybe you're right. the current bitcoin prices are falling, this might be a good time to buy a bitcoin by a huge amount. I believe, bitcoin price reduction at this time, was short lived. I feel that the price of bitcoin will rise in a short time, probably next week, the price of bitcoin back on the normal price.

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January 12, 2017, 06:08:50 AM
 #17

I think it is better to wait for the Chinese government to come out with their findings first before deciding to buy again, so many uncertainties covering Chinese exchanges presently, I have some already and I'm not selling because they are for long term investment.
I sold some a few days ago when the price was still in the $900 levels, feeling a bit sorry that I didn't sell at over $1100. Good thing I didn't wait too long to sell. The investigation being done by the Chinese government could still pull the price down and in turn make demands for yuan higher again. Let us see how things turn out in the next coming days and I hope something positive comes out of this current downtrend.
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January 12, 2017, 06:10:03 AM
 #18

I will not touch bitcoin now, I think the PBOC pronouncement is helping those people shorting BTC to have a feed day. So many uncertainties here guys, if those exchanges were not manipulating prices there is not need for the price to crash this way.
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January 12, 2017, 06:12:10 AM
 #19

I will not touch bitcoin now, I think the PBOC pronouncement is helping those people shorting BTC to have a feed day. So many uncertainties here guys, if those exchanges were not manipulating prices there is not need for the price to crash this way.

Well, prices are good now as we can buy some more again and wait till the price sky rockets again. I think it is priced lower than it should now and buying probably would be the best option now. If the prices does go down some more, we gotta buy some more too as this is a temporary down swing and for sure it will rise up again.
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January 12, 2017, 06:17:04 AM
 #20

i saw too many similar thread such as this that some people asking suggest to buy bitcoin in the exact time but nobody could predict next step for bitcoin price even if suppose there i think those people will not telling us the truth and for example if you trade on the particular exchange there are so many users would trying to traping another users suggest them to buys or to sells their bitcoin so i think better use your own intuition to makes decission

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