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[Fortify]

Bitcoin has had quite a turbulent history and it is not unimaginable that it could crash again. If you did buy now and there was a crash, however temporary, then you have basically thrown away money. The current price is close to the all time high and it is amazing that it has held for so long. When there was bad news out of China a single bitcoin lost over a thousand dollars in worth - it's all about timing.

[pitham1]

Bitcoin has had quite a turbulent history and it is not unimaginable that it could crash again. If you did buy now and there was a crash, however temporary, then you have basically thrown away money. The current price is close to the all time high and it is amazing that it has held for so long. When there was bad news out of China a single bitcoin lost over a thousand dollars in worth - it's all about timing.

It depends on your strategy. If you buy before a crash, you are not throwing away money. You have paper losses, not actual losses.
If you plan to hold for the long term, it really doesn't matter.

[Reid]

Haha.
I think I have said this too with someone else here in the forum.
They will keep on waiting for the cheaper price but it didnt happen. And if it does it didnt took a lot of time and it goes back. But at that time where bitcoin fall at 2800 they said it is going to fall more and they will buy after that.
Guess what happened too? 

[pixie85]

People are greedy. They always fail to see the big picture and react emotionally. They also for some unknown reason think the money will jump into their pockets without much effort. That's why they prefer to wait for Bitcoin to go down and tell themselves they will buy, but when it happens they end up waiting for it to go deeper and deeper and miss the point when it recovers back to where it was.

[fanbeila]

I don't know what to say about your friend.people like these are the ultimate losers.They would not be ready to take risk of even $1.Either they have not understood about bitcoin properly or they don't have enough courage to take risks.Your friend has not even analyzed the previous price history of bitcoin.I think that friend would not even buy bitcoin even if its price falls suddenly to $1,000 now.These people always want to stay in the comfort zone itself.Success could only be achieved if they come out of their comfort zone.

[hackzang12]

They want to gain profit. that's why people wants bitcoin to crash. The price of bitcoin is unpredictable.
You can buy bitcoin at any amount price but be sure sell it when the price is higher.

[romero121]

Each and every user have the thinking of becoming rich, but in the mean very few has the backing to invest and profit out of the same. So the people who believe in the potential, but lack in funding wait with patience to experience a crash and invest by that day getting back the profits.