Would you get in now? current price approx 2700

[flmmkrz]

The question is pretty straight forward and as I put in the subject title, would you still get into bitcoin now? approx 2700 now (putting in the price so if somebody googles it later like I did, they know when this question was relevant ) I know many of you are long on bitcoin and have coins from the early days, lucky you, and I understand how easy it is to be long when you're sitting on lots of profit but for those of us way late to the party do you see it  still being a worthwhile investment. Are any of you longs still accumulating, not mining but actually buying? I see some speculation at just astronomical numbers so I don't know if it's dreamers, the truly delusional or the informed investor making these speculations... if there is still lots of upside coming 1-2-5-10+ years down the road I'd rather be in now than lay off any longer but at some point risk just outweighs potential return and im wondering if that point has been crossed. Appreciate any replies!

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[TryNinja]

Why wouldn't we buy? At the end of past month, someone posted here a thread saying he bought 1 BTC at $2500 and then a few days later the price droppped to $2000, so he was asking if he should sell of just HODL.

Yesterday we hit the mark of $3000 per Bitcoin. Do you think we didn't knew this price was possible? You can think we are just dreamers when we say that the price will hit 10k, 20k or even 50k in a few years. But the truth is that this is all possible since the beginning of Bitcoin, when the same people doubted that the price could go above $500. People always asked and always will ask if they should buy or it's already too expensive.

Just remember that we are early birds and there is still plenty of ground ahead. I bought more at $2500 and I WILL buy more at $3000. Join me if you want to become rich someday.

[lizardbtc]

The question is pretty straight forward and as I put in the subject title, would you still get into bitcoin now? approx 2700 now (putting in the price so if somebody googles it later like I did, they know when this question was relevant ) I know many of you are long on bitcoin and have coins from the early days, lucky you, and I understand how easy it is to be long when you're sitting on lots of profit but for those of us way late to the party do you see it  still being a worthwhile investment. Are any of you longs still accumulating, not mining but actually buying? I see some speculation at just astronomical numbers so I don't know if it's dreamers, the truly delusional or the informed investor making these speculations... if there is still lots of upside coming 1-2-5-10+ years down the road I'd rather be in now than lay off any longer but at some point risk just outweighs potential return and im wondering if that point has been crossed. Appreciate any replies!

Nobody knows what will happen in the future. BTC might be worth more or less it really depends on many factors.... For now on bitcoin seems okay and you could try trading with altcoin to accumulate more once you enter the bitcoin or the safest option is to juust hold. The best would be in my opinion to buy now and to not look at the price (I know that this is not an easy thing to do) but bitcoin price can vary from time to time and if you are constantly looking youu migh end up selling at lower rate than you have bough in the past.

I do not want to tell you that you should buy or or that you shouldn't buy it, but I will recommend you that you read about it and decide should you go in or not? In any case don't invest more than you can afford to lose. We have for instance australia that should say that BTC is legal there next month which is a good sign, but on the other hand theres scalling debate which can cause the price to go down harder starting from august if all go well price should go up.... but again everyone of us can speculate and hope for the best.


 Nobody can tell you what you should do as it is your decision and you need to make that move.

Read something about bitcoin and in case you buy it store it securely.

[Junko]

I'm no expert investor or trader, but if I were in your shoes now, yes I would get in if I wasn't already in. It's a good opportunity - a $300 to $400-ish drop/dip. If recent history (ie, the last few months) is any indication, then this is a correction before the next leg up. There aren't any negative news/indicators (that my amateur eyes can see anyway) that would lead me to believe there will suddenly be a reversal of the general upwards trend that we've been on. It is also a good buying opportunity for those who already hodl bitcoin as well.

If you are considering the long term and think bitcoin will be significantly higher, then why wouldn't you get in already?

Risk-Reward. When the price was $270, those who asked the same question, "Would you get in now?" and decided to get in have been rewarded. When the price is reaches $30K+, those in your shoes now who decided to get in, will look back and see how this $2700 was a small risk relative to the reward.

[~Bitcoin~]

I think best option for now is to set some buy order from $2000 to $2300 at $100 difference so that you can buy some cheap bitcoins. Its perfect buy time, this is correction and it looks quite big this time.

[harizen]

I can get in whatever the price value as long as I have spare funds or I feel it.

There is no such thing as exact price to considered buying. A $1,000 value of bitcoin in the past is worth doubled now meaning every price level can be a cheap price even they are considered as high price in the past, so it's possible even at $3,000 and so on. It was proven many times starting from $300 up to now that high price today can be low price in the future. Well it was expected after all since bitcoin's commencement of operations.

[Vishnu.Reang]

It is never too late to invest in Bitcoin. But before you decide to make an investment, you need to ask yourself a few questions. Some of these are:

1. In the future, can the lack of consensus on SegWit / BU affect the wide-spread adoption and usage of Bitcoin?
2. How the competition from altcoins such as Ether and Nemcoin are going to affect the exchange rates of Bitcoin?
3. How the future government regulations are going to affect Bitcoin?

[cellard]

If you are investing for the long term (5+ years I guess can be considered long term in "bitcoin time") you can get in right now and forget. As you get in, the price will go lower than your entry point, because it's simply impossible to get right on a floor that will never be broken again. So just buy and hold. Buy 1 BTC, wait for 2020, see what happens.

Nobody knows what's going to happen in august 1st, it might as well pump the price for all I know. If there's an actual split, just hold both coins through the storm until the outcome it's clear.

[mrcash02]

No, no... Better to wait a bit more, it's dropping a lot, near $2600 already and seems it will reach even lower, -11.32% variation in the price on the last 24 hours. Better to wait to see how long the dump goes to buy again.

No problem if you bought it for $2700 anyway, you will make profit, but it's always better to maximize it maximum as possible.

[Minecache]

Is this a trick question? If you have the funds and plan to hodl long term then yes. And even if the price drops then buy more so you dollar cost average your investment.

[lionheart78]

Since I did a conversion the other day, and with the price of Bitcoin going down, I would definitely reconvert my money to Bitcoin to increase my Bitcoin holdings.  I am happy that bitcoin take a dip today, since I was kinda regretful the other day when I converted my bitcoin to cash and thinking of reconverting it again.  And since the chance to get bitcoin at lower price occurs.  I would definitely buy bitcoin at this price.

[Haladay]

I was thinking about buying some bitcoin for $2500, but I didn't. Now poloniex is very active. It downed to $2300 on the screen. I was shocked and couldn't even buy.

[LodisMcguire]

If you're in for long term saving,buy now when it still 2600 or 2700
Like many others think,the price will increase with bumpy road,so i think this is the best time before it skyrocketing again

[RedNovember]

The dips are the best time to buy! I don't know why anyone would think otherwise the only concern is to wonder if this is lowest dip or will it go lower?

Do I believe btc will be worth 3k soon? Yes. Should I buy then? Yes

[coolcoinz]

I'm not buying, I have enough at the moment and I'm not much of a trader, but if you don't have any coins I recommend you to buy some.
That 1 BTC is still affordable to most people and can turn a 25% profit in a year. It's 20% more than a bank can offer you. There's also that nerdy factor that you're a part of the revolution. You can be holding a small part of the currency of the future

[Keihatsu]

NO!
BTC is on its way down to $1250, then buy.

[lizardbtc]

NO!
BTC is on its way down to $1250, then buy.

Do you have a prof that state this? I mean it might be dumped hard after August but we don't know what will happen in the meantime by then, maybe situation fix which won't cause the chain to split. I am fairy confident on that.

Please write down your arguments so that we can see the picture that you are seeing right now.

[MiF]

I think I would still get in even if the price is that high after all there is all so a huge chance that it would increase after a few or couple of months,
So I think I would still invest some money into it and I think it is really worth it.

[raoulsergia]

Today is crazy day in markes

went from  2900 to 2100 and back now at 2600

Insane trading, shorting, ICO, all kinds of stuff

Any price is good to get in, but hold steady after gettng in
Dont sell for losses

[HaXX0R1337]

I think best option for now is to set some buy order from $2000 to $2300 at $100 difference so that you can buy some cheap bitcoins. Its perfect buy time, this is correction and it looks quite big this time.

I think it is a good option to enter the coin,yes we are trading along the lines of $2600 range at an average and a further correction could bring us back to $2400,lets see how the market will react in the next two days and then will make a decision on whether to hold the position or get lower.

[Janation]

Today is crazy day in markes

went from  2900 to 2100 and back now at 2600

Insane trading, shorting, ICO, all kinds of stuff

Any price is good to get in, but hold steady after gettng in
Dont sell for losses

That is how volatile bitcoin is, though I am wondering why did it pump and then it starts to dump quickly, I can't think of a reason why but I am thinking because some of the users sold their bitcoins. Now the price is at $2600 and it is like threatening the users again to ho up where it dumped, but still, we don't know.

[raoulsergia]

Today is crazy day in markes

went from  2900 to 2100 and back now at 2600

Insane trading, shorting, ICO, all kinds of stuff

Any price is good to get in, but hold steady after gettng in
Dont sell for losses

That is how volatile bitcoin is, though I am wondering why did it pump and then it starts to dump quickly, I can't think of a reason why but I am thinking because some of the users sold their bitcoins. Now the price is at $2600 and it is like threatening the users again to ho up where it dumped, but still, we don't know.

Yeah there was a BIG ICO today in ETH

It raised 150 mill ... so many sold BTC to get ETh for this

in one minute it dumped almost 1000 lol... crazy guy bitcoin lol

[Slow death]

Why wouldn't we buy? At the end of past month, someone posted here a thread saying he bought 1 BTC at $2500 and then a few days later the price droppped to $2000, so he was asking if he should sell of just HODL.

Yesterday we hit the mark of $3000 per Bitcoin. Do you think we didn't knew this price was possible? You can think we are just dreamers when we say that the price will hit 10k, 20k or even 50k in a few years. But the truth is that this is all possible since the beginning of Bitcoin, when the same people doubted that the price could go above $500. People always asked and always will ask if they should buy or it's already too expensive.

Just remember that we are early birds and there is still plenty of ground ahead. I bought more at $2500 and I WILL buy more at $3000. Join me if you want to become rich someday.

I agree, but did you see that OP created an account just to ask that question?


Why did you create an account just to ask that question?

[flmmkrz]

Why wouldn't we buy? At the end of past month, someone posted here a thread saying he bought 1 BTC at $2500 and then a few days later the price droppped to $2000, so he was asking if he should sell of just HODL.

Yesterday we hit the mark of $3000 per Bitcoin. Do you think we didn't knew this price was possible? You can think we are just dreamers when we say that the price will hit 10k, 20k or even 50k in a few years. But the truth is that this is all possible since the beginning of Bitcoin, when the same people doubted that the price could go above $500. People always asked and always will ask if they should buy or it's already too expensive.

Just remember that we are early birds and there is still plenty of ground ahead. I bought more at $2500 and I WILL buy more at $3000. Join me if you want to become rich someday.

I agree, but did you see that OP created an account just to ask that question?


Why did you create an account just to ask that question?

I have been reading for a little while and trying to understand all this and when I saw the price of bitcoin I just thought alright the boom has passed me I'll look at the other options but the more I read the more I saw what seemed like the informed posters all having a base in bit and then dabbling in the more speculative stuff so I wondered if they still saw long term potential or are they playing with house money and letting some of that ride on the chance. I wanted to see if the guys who were in early were still accumulating or if it's just new money hoping it was going to continue to trend upwards. I got my answer and I appreciate everybodies time and willingness to respond and I look forward to getting my first bitcoin.