When to invest?

[Rickeo]

So when do you guys choose to go in for an investment into BTC?

I've just purchased abother 0.5 BTC today.

I've been waiting and waiting thinking that after the spike and breaking $1k we'd surely see a downward trend in Bitcoin and was hoping to invest when it took a dive.

I especially thought that dive would come with the latest reports in the media that there's thousands of transactions caught up in a back log in the blockchain.
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When this bear trend didn't occur I decided that I might as well just dump 0.5 into BTC now as didn't want it to increase and increase and be further and further behind.

When do you guys choose to dump money in? Do you think I made a poor decision and should have been more patient?

I'm not a short term investor anyway, I'm in for the long run because I'm passionate about BTC and what it stands for, that being said I'm a little bit worried right now with scaling issues.

My worst fear would be that my investment becomes valueless (unlikely) or that it drops to $700 or below again.

[merelcoin]

It is my personal belief that in the longrun, BTC will continue to rise.
But like you said: you're a short term investor... I personally don't think there's any way to predict what BTC will do in the short term, so in my opinion, you took an educated guess, and i really hope it pays off for you.

[ASHLIUSZ]

Keep hope and have a long analysis over the entire investment opportunities and then make the investment. Even if the price falls to $700 the impact won't be felt much on the gambling websites. So, its better to try with the gambling houses or upon unique successful projects similar to Qtum.

[plorph]

waiting for a dip is dangerous, the value of bitcoin has explosive potential, we are still before any major ETF is released, the price will never recover from the next few bubbles. buy now what you can afford (and accordingly to your understanding of bitcoin, dont take my word on it!)

[Juggy777]

I normally advice people to buy when it is at low point. If you are a investor then you need to study the graph of Bitcoin before you make that plunge. Now you should have seen after touching 1000+ it starts to come down to 800$ you should have waited for it. Though like others I do hope it keep rising up and up but for greater sense of yours I would suggest never to buy when it's in a bull run. Be patient and it will come down buy it then, sell at a high price and then continue the cycle you shall make some good profits.

[pooya87]

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I've been waiting and waiting thinking that after the spike and breaking $1k we'd surely see a downward trend in Bitcoin and was hoping to invest when it took a dive.
~

don't worry you are not alone in this way of thinking. a lot of others think this way too, it is mostly because of the FUD and some shitty comments we see on social media talking about bitcoin and every newbie thinking they are good speculators.

i used to think like this too but luckily for me it was ~2014 and i stopped myself after a while. now i never wait around for a "dip" if i want to invest in bitcoin.

you should make up your mind, if you want to become a day trader then wait for dips. if not and if you just want to make an investment then go in right now. and right now means whenever you have money. it doesn't matter if price went down after you bought because you can be sure that it will come back up after a short while.

[bitcampaign]

I think we'll see it in the summer for $ 2000, but did not rule you can also get more than capital bitcoin you, certainly things that you can do the trade altcoin use your capital to earn more profits in the short term but if you prefer-term investments long I thought it was very good holds your bitcoin

[zbeky]

I don't think BTC will go down to $700 or up to $2000 in near the future unless there is some major event like hard fork or quick mass adoption. I hope we will see slow and stable increase of value and not those quick rallys with following price drop.

[boyptc]

So when do you guys choose to go in for an investment into BTC?

When I had enough on my pocket and I wanted to make some profits.

I've just purchased abother 0.5 BTC today.

I've been waiting and waiting thinking that after the spike and breaking $1k we'd surely see a downward trend in Bitcoin and was hoping to invest when it took a dive.

I have divided thoughts for this, its either you bought because you had enough money and that's a good thing but you bought when the price is high, just expect it to increase more.

I especially thought that dive would come with the latest reports in the media that there's thousands of transactions caught up in a back log in the blockchain.

Always remember that media manipulates news, not all the time they are reporting the true news.

When this bear trend didn't occur I decided that I might as well just dump 0.5 into BTC now as didn't want it to increase and increase and be further and further behind.

When do you guys choose to dump money in? Do you think I made a poor decision and should have been more patient?

As of now, I really don't do dumping because I keep on holding those whales are the ones who are doing this.

I'm not a short term investor anyway, I'm in for the long run because I'm passionate about BTC and what it stands for, that being said I'm a little bit worried right now with scaling issues.

My worst fear would be that my investment becomes valueless (unlikely) or that it drops to $700 or below again.

Don't worry about any issues bitcoin is becoming stronger each day and probably it will be good at $900 for its flooring price.

[slapper]

Keep hope and have a long analysis over the entire investment opportunities and then make the investment. Even if the price falls to $700 the impact won't be felt much on the gambling websites. So, its better to try with the gambling houses or upon unique successful projects similar to Qtum.

The prices can not easily drop to $700 due to many reasons and I still think that holding bitcoin is the most effective way of earning more money from your capital. You will be safer if you choose Bitcoin as a investment because it can protect you from a lot of scamming projects on the internet. ICO is also great. If you have a good vision, you can join the ICO world and start investing money in those new coins

[shamzblueworld]

My worst fear would be that my investment becomes valueless (unlikely) or that it drops to $700 or below again.

I think at that point of time, the key would be to not panic and sell out on that low price, I'd also fear it may go down sometime in the future, maybe below $500 too, but I'd invest at that time and not sell out because eventually I believe it will rise back up again and only then will be the right time to cash in if that is what you're after.

[aarturka]

It's never to late to invest in bitcoins unless the price hit 10000 at least, then there might be some correction. Speaking of myself, I don't look at price, I just invest in bitcoins part of my income every two weeks no matter how the price is high.

[zend7]

You are still an early adopter if you buy now and hold for the long run. That is the most recommended thing to do and all experienced users here will agree with me. Work for bitcoin, buy bitcoin and hold are the best thing you can do for now and wait. I personally do this and I am a firm believer in the long run 5-15 years Bitcoin will be huge or super huge in value. It only depend if you are up to the task of switching from short term trader to long term investor ?

[virasog]

It is my personal belief that in the longrun, BTC will continue to rise.
But like you said: you're a short term investor... I personally don't think there's any way to predict what BTC will do in the short term, so in my opinion, you took an educated guess, and i really hope it pays off for you.

The great thing about BTC is it is both for long term and short term investment.  Everyone know about long term but for short term, you can buy at 970$ supoose and then you may sell at above 1000$.  If you are looking for short term profit, just wait for few days and hope price will  be down again to buy below 1000$.

[lionheart78]

It is my personal belief that in the longrun, BTC will continue to rise.
But like you said: you're a short term investor... I personally don't think there's any way to predict what BTC will do in the short term, so in my opinion, you took an educated guess, and i really hope it pays off for you.

The great thing about BTC is it is both for long term and short term investment.  Everyone know about long term but for short term, you can buy at 970$ supoose and then you may sell at above 1000$.  If you are looking for short term profit, just wait for few days and hope price will  be down again to buy below 1000$.

It seems you are talking about day trading And you are advising OP to trade his BTC,  well if OP is well versed with trading then, trading is the path he must take.  There is also other means to invest Bitcoin, like investing in Bankroll, or investing in legit investment company that can give you 5%-20% profit annually, but I would suggest that you hold Bitcoin because it is more profitable holding bitcoin in the long term.

[talkbitcoin]

So when do you guys choose to go in for an investment into BTC?
I've just purchased abother 0.5 BTC today.

whenever i have money for investment, i put it in bitcoin by simply going on an exchange and buying bitcoin.
i believe in the long run price will be much higher than this, and when mass adoption happens we will see even higher prices.

I've been waiting and waiting thinking that after the spike and breaking $1k we'd surely see a downward trend in Bitcoin and was hoping to invest when it took a dive.

unless you are a day trader, never wait for price to go down.
and always make sure not to listen to anyone else except your own judgement.

I especially thought that dive would come with the latest reports in the media that there's thousands of transactions caught up in a back log in the blockchain.

this two have no effect on each other.
up until now bitcoin has been mostly used as an investment, and nobody cares if they wait for a couple of hours to get their investment moved around. (it certainly is annoying but not a reason for price drop)

when do you guys choose to dump money in? Do you think I made a poor decision and should have been more patient?

i don't know why you keep using the word "dump" money in, maybe my English sux.

My worst fear would be that my investment becomes valueless (unlikely) or that it drops to $700 or below again.

it is unlikely but it is a valid fear.
bitcoin like any other investment has its risks and rewards, and like any other investment you should also invest as much as you can afford to risk.

[1Referee]

There is also other means to invest Bitcoin, like investing in Bankroll, or investing in legit investment company that can give you 5%-20% profit annually, but I would suggest that you hold Bitcoin because it is more profitable holding bitcoin in the long term.

Legit businesses allowing you to invest won't offer you annual percentages of 20%, where even 10% is quite on the higher side. Just out of curiosity, name up a few legit businesses where you could earn more than 10% annually. In recent times I haven't even see any business offer you 5%. And those that do offer higher annual returns are mostly obvious scams, or likely to turn into a scam. It's not that easy as you seem to think.

[redsun114]

You took the right decision . bitcoin price is high now but it can drop at any time. so if you decided to sell them before the upcoming dump than I think it is a smart move.
but a long term investor would keep more patient and wait for more time.

[iqlimasyadiqa]

I think every time is right to invest. we could take a gamble for profit at any time.

[notme]

Early and often.