Buying Bitcoins now, At this price, It Isn't working

[Schuyler]

Buying now could either work for you or not. That is depending on your strategy. If you buy right now and hold for a while, and wait for a certain target price to sell, then you would make some profits. But if you buy now and then the price suddenly goes down, and you panic sell, then that's the best way to lose money. They say the bitcoin still has a long way to go in terms of the price potential and some say that $5,000 is within reach this year so think of that as a motivation to buy now and hold for sometime and just enjoy the ride.

[machinek20]

Yeah if you got extra money that you want invest just buy it, if you save it for a long time the price will go up,unless you want to buy and do trading then you need to wait for a while, and yes bitcoin now is expensive, if you cant afford 1 BTC then buy smaller amount

[YuginKadoya]

I love BTC, I want BTCs, but buying them now, at this price, it won't work..too expensive . If you owning Bitcoins or thousand satoshis, consider yourself lucky!

It is very expensive at the meantime but if bitcoin would still goes up it is better to buy up some than you don't have any bitcoin to pump up in your wallet, I think if you are considering an investment then I think it is OK if you would buy bitcoin by fiat, well yes it is expensive so I am not suggesting it if you can not afford in buying 1 bitcoin.

[jubalix]

I love BTC, I want BTCs, but buying them now, at this price, it won't work..too expensive . If you owning Bitcoins or thousand satoshis, consider yourself lucky!

it divides you know, buy $100 worth come back is 5 years.


in you purchased at $30 in 2013, you would have about 10K now.


BTC is going to 10K then onto 100K in 5 ~ 10 years.

[deisik]

again with this stupid "issue" there is not such thing as "expensive bitcoin" you simply buy less than before, because the value is higher

you would regret even buying now when the value will be much higher, pretty much like those that had the chance to buy it back at $500 and said the same thing as you

I love BTC, I want BTCs, but buying them now, at this price, it won't work..too expensive . If you owning Bitcoins or thousand satoshis, consider yourself lucky!

if you really "loved and wanted" bitcoin then you wouldn't have cared about its price at all.

if you want to use bitcoin, then buy it already. there are 100000000 satoshi in 1 bitcoin, pick an amount you are comfortable with and buy that and start using that

those who care too much about bitcoin price are loving fiat and wanting fiat not bitcoin

I'd rather say they love profits

And they don't particularly care which currency this profit is denominated in (as long as it remains profit in any currency, obviously). After people get used to Bitcoin price consistently rising, they will start reinvesting their earnings from the previous cycle (if they aren't doing that already), and this is the point from where the crash begins counting down. Such processes are not self-sustaining, and when the right time comes we may see an avalanche of selloffs

they love profit but in the end those same people dump always for fiat, i doubt they are using bitcoin to purchase stuff on the web directly withotu exchanging for usd or euro

You are telling only half the truth

And the whole truth is written in my post above. The crucial part in this truth is, as I said, profit itself irrespective of whatever currency it is denominated in. If it still doesn't get through somehow (which is understandable), imagine that people don't care for fiat as such and they don't care for bitcoins either, all they care for is wealth and wealth accumulation. In other words, if, say, the US dollar got heavily devalued (Fed going mad with printing insane amounts of dollars or something to that tune), people would dump it without a second thought for any other currency just like they would dump bitcoins if Bitcoin were about to crash. Get rid of the false fiat vs Bitcoin dichotomy, this is an erroneous approach. Wealth is what counts as well as profits which lead to its accumulation, while the specific currencies are irrelevant. In a nutshell, welcome to financial capitalism, bro

[paul gatt]

Yeah if you got extra money that you want invest just buy it, if you save it for a long time the price will go up,unless you want to buy and do trading then you need to wait for a while, and yes bitcoin now is expensive, if you cant afford 1 BTC then buy smaller amount

Bitcoin is always a good choice to invest, especially at the present time, I'm sure it will continue to increase in the future, so do not be afraid to spend a lot of money to buy it. I wish I had more money to invest in bitcoin, but I do not have that ability.

[Lauren Smith]

I love BTC, I want BTCs, but buying them now, at this price, it won't work..too expensive . If you owning Bitcoins or thousand satoshis, consider yourself lucky!

Nonesense it will go u again. It's still so early.

I love BTC, I want BTCs, but buying them now, at this price, it won't work..too expensive . If you owning Bitcoins or thousand satoshis, consider yourself lucky!

if you really "loved and wanted" bitcoin then you wouldn't have cared about its price at all.

if you want to use bitcoin, then buy it already. there are 100000000 satoshi in 1 bitcoin, pick an amount you are comfortable with and buy that and start using that

those who care too much about bitcoin price are loving fiat and wanting fiat not bitcoin

Exactly !! Their brwin is still thinking like a fist brain not a Bitcoin brain. I forget about fiat value and think in Bitcoin even when I'm out shopping. So I know what to pay and it sounds fine so I buy it. I don't think ah that sounds expensive or whatever I just think about it in Bitcoin value then decide if it is worth it and many times it is. With Bitcoin I often buy thinks and don't second guess it because I know it's cool and Bitcoin is strong and my buying power has increased. Also the value will increase in the future. Sometimes spending Bitcoin at certain times can be like an investment.

[Decoded]

You know that you can purchase any denomination of Bitcoin you want, right? Think of it as buying as much as you can afford. Can you only afford 100? Buy 0.05. Don't expect to see prices of under a dollar again. The price is only going to keep rising.

This is a better time than ever to be Bitcoin. It just does, and is already on the climb.

[xskl0]

 
sorry my friend

[xskl0]

I love BTC, I want BTCs, but buying them now, at this price, it won't work..too expensive . If you owning Bitcoins or thousand satoshis, consider yourself lucky!

Well you would have said that 2 months ago, it only goes up and it seems theres no way stopping it, so if you consider it too expensive after another pump then you will realize it was worth buying it at this price.

True, I bought the first time that reached 1200 $ and it was an all time high. It's ever a good moment to buy Bitcoin.

[Gameroid]

I love BTC, I want BTCs, but buying them now, at this price, it won't work..too expensive . If you owning Bitcoins or thousand satoshis, consider yourself lucky!

Well you would have said that 2 months ago, it only goes up and it seems theres no way stopping it, so if you consider it too expensive after another pump then you will realize it was worth buying it at this price.

True, I bought the first time that reached 1200 $ and it was an all time high. It's ever a good moment to buy Bitcoin.

yes bitcoin can be purchase at any stage, and on any stage it will give you profit, but you have to wait for it and therefore i am always recommending long ter investment. as in short term investment there are more chances that you will lose money if the price will take a little correction and comes down. therefore long term investment is a best choice.

[ecnalubma]

Some says that bitcoins price today is still cheap because they predict that it will reach $10,000.00 or more than that. So buying them now is still a good decision.

[BartS]

I love BTC, I want BTCs, but buying them now, at this price, it won't work..too expensive . If you owning Bitcoins or thousand satoshis, consider yourself lucky!

You can wait if you want but one of the risks you are assuming is that bitcoin price is going to get a lot lower and to be honest there is not a certainty that is going to happen, there were people not too long ago that wanted bitcoin to crash to one hundred to buy and that seems it is never going to happen.

[DainSLane]

If you can afford it then go buy it's up to you watch chris dunn videos in youtube if you are in trading you can get some tips from him just watch bitcoins basics.

[Betwrong]

Just a few days ago I was talking to a friend of mine, who had several bitcoins in the past, but sold all of them couple of years ago. He told me that he wanted to buy a Bitcoin, but to pay $1,800 for it is crazy. He thought that was the peak, and to buy at the peak price is not a wise move. Well, it is $2,550 now. And I agree with people in this thread who suggest to buy 0.1 or 0.005 if one can't afford buying a whole coin.

And try to open long position (maybe with leverage) if they like risk. So now Bitcoin is too expensive to trade it without leverage and I hope cheap bitcoin times will return.

I don't understand what's the difference between "cheap bitcoin" and "expensive bitcoin" in terms of trading. If 1 Bitcoin is too expensive for you to buy, you can buy 0.1 or 0.05 or whatever you can afford to buy,and then trade with it. Bitcoin is not a car which you can't buy if you don't have enough money, because you can't buy 0.1 car, but you can buy 0.1 Bitcoin.

[FloraMullan]

I agree, Buying BTCs at this price isn't working, just wait until it crashes

[Seville]

i can see how some people might be turned off by the price.. its only a matter of time till something takes over.. i hope not.. BTC is the original and most tested

[xSkylarx]

I love BTC, I want BTCs, but buying them now, at this price, it won't work..too expensive . If you owning Bitcoins or thousand satoshis, consider yourself lucky!

I think in the end of this month the price could reach $ 4000. So to buy bitcoin is currently the right choice.

Nope $4,000 by the end of this month is too much,
I think maybe it could hit $3,000 soon but don't think it would happen by the end of this month but who knows maybe it could.

[Taki]

Some says that bitcoins price today is still cheap because they predict that it will reach $10,000.00 or more than that. So buying them now is still a good decision.

Of course, if to compare with 10 000$ - 2000$ don't seem so big anymore. But to me Bitcoin was expansive and in the lest year with 200$ price. So I just don't pay attention on such sayings like "Buy cheap bitcoins now!"

[Franky00]

I love BTC, I want BTCs, but buying them now, at this price, it won't work..too expensive . If you owning Bitcoins or thousand satoshis, consider yourself lucky!

I think in the end of this month the price could reach $ 4000. So to buy bitcoin is currently the right choice.

Nope $4,000 by the end of this month is too much,
I think maybe it could hit $3,000 soon but don't think it would happen by the end of this month but who knows maybe it could.

No, by the end of the month, it can only reach up to 3000, and in the summer a significant drawdown of the price is possible. You can buy now only for long-term investments.