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Author Topic: Is $4000 the perfect time to buy  (Read 4790 times)
Fantum (OP)
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August 21, 2017, 05:31:00 AM
 #1

Considering just buying a few bitcoin around $4000. What are your opinions? Should I wait until it drops in September? Will it drop in October because of the hard fork, or will it go up because everyone wants to get their share of the fork coin? Will whales push the price down in September so they can accumulate it cheaper?
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August 21, 2017, 06:03:31 AM
 #2

Considering just buying a few bitcoin around $4000. What are your opinions? Should I wait until it drops in September? Will it drop in October because of the hard fork, or will it go up because everyone wants to get their share of the fork coin? Will whales push the price down in September so they can accumulate it cheaper?

Nobody can give you the right answer.Nobody can predict how the big whales will react to the segregated witness implementation.I don`t know anything about an October hard fork.Perhaps the bitcoin price will decrease one or two weeks before the hard fork just like before August 1.
I don`t expect the price to go back to 3000 USD around September,unless something big happens(a war or some disaster).

Fantum (OP)
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August 21, 2017, 06:13:30 AM
 #3

Maybe people could share their pre fork strategies Sell all alts, hold bch and btc? Timeline?
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August 21, 2017, 06:21:53 AM
 #4

Considering just buying a few bitcoin around $4000. What are your opinions? Should I wait until it drops in September? Will it drop in October because of the hard fork, or will it go up because everyone wants to get their share of the fork coin? Will whales push the price down in September so they can accumulate it cheaper?

Nobody can give you the right answer.Nobody can predict how the big whales will react to the segregated witness implementation.I don`t know anything about an October hard fork.Perhaps the bitcoin price will decrease one or two weeks before the hard fork just like before August 1.
I don`t expect the price to go back to 3000 USD around September,unless something big happens(a war or some disaster).


We all do not know when will the price of bitcoin.
But I think that better we buy or invest from now ,. Because all have agreed that bitcoin prices will continue to rise in each year ..
And do not care about forks that happen in the future
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August 21, 2017, 06:27:09 AM
 #5

As noone knows the future, buying from now seems to be a good strategy. If price falls, buy more. If it rises, start smiling and watch.

But I never heard of another fork in October. Just sold my free BCH before it loses all its worth. Well, another free airdrop would bring us more free Satoshis if we sell it then.  Grin

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August 21, 2017, 06:28:44 AM
 #6

Yes.you can buy now Bitcoin , its huge dump of bitcoiin i am watching.But you can also concentrate to alt coin for buy and hold.You can buy a lot of alt coin with once at $4000. it will be a great investment for your future. Bitcion price today also so low.so if you wish you can buy now.
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August 21, 2017, 06:34:30 AM
 #7

I do not want to repeat the panic like 1 August, where I have sold bitcoins before a hard fork occurs. As before, it's hard to predict what will happen when there will be a second hard fork in October. I can only hope there will be no drastic decline, and I will stick with bitcoin
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August 21, 2017, 06:36:58 AM
 #8

Considering just buying a few bitcoin around $4000. What are your opinions? Should I wait until it drops in September? Will it drop in October because of the hard fork, or will it go up because everyone wants to get their share of the fork coin? Will whales push the price down in September so they can accumulate it cheaper?
No one can say what will be happen so I think if you want wait the price go down.then buy the price that fits to your capital. Its okay to buy even the price is high,Its up to you.

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LouVandetta
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August 21, 2017, 06:43:51 AM
 #9

It is a bit risky to predict the price now, actually.
No one knows or could predict what will happen in the future.

I know the price are having a huge dump now, but it is still quite possible that it will rise again.

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August 21, 2017, 06:47:06 AM
 #10

If you look at the price history of bitcoin, you might have noticed some trend/pattern. It goes up <spike> and then it hovers at that high price for a while and then it goes down to just above the level where it was before the spike. It stays at this level for a while and then it goes bonkers! It usually goes much higher then, than it's previous record price.

$4000 is the price before the next breakout, if you look at the trend/pattern. ^hmmmmm^

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August 21, 2017, 06:50:27 AM
 #11

Considering just buying a few bitcoin around $4000. What are your opinions? Should I wait until it drops in September? Will it drop in October because of the hard fork, or will it go up because everyone wants to get their share of the fork coin? Will whales push the price down in September so they can accumulate it cheaper?

In my opinion yes, it's a perfect time buy bitcoin right now. The price of bitcoin already going down since the last 2 days and i think it's time for bitcoin to go up again. I'm not 100% sure about that but if i were you, i will buy bitcoin half of my money and keep it for the rest because it's still not stable right now.


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August 21, 2017, 06:51:34 AM
 #12

You said it yourself, whales pushing the price down to buy cheaper coins, if you really believe in Bitcoin then no matter what the price is, you should always be willing to invest and risk your money because it has proven to worth taking such risks due to great rewards. I just don't want to see you regret your decision of hesitating and not buying when you had the chance. when you buy Bitcoin you should never sell until the price is high enough that not selling actually hurts you financially.

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August 21, 2017, 06:54:41 AM
 #13

Considering just buying a few bitcoin around $4000. What are your opinions? Should I wait until it drops in September? Will it drop in October because of the hard fork, or will it go up because everyone wants to get their share of the fork coin? Will whales push the price down in September so they can accumulate it cheaper?

Im sure price is going to explode after the soft fork that is going to happen soon. With last fork experience we have seen brighter side of the bitcoin and next fork is not exception. I would advice you to the money without any fear but i would also suggest you wait for little more and take the chance if the price drop due to panick selling. Same case happened last time when fork was announced everyone started moving their btc to other coins or fiat conversion. This was the top most reason why btc dumped itself and value got all upto 1800 USD. Then there was pumping again when everything came back normal.

This will repeat again for the next for. So incesting now will also be profitable but investing during fork would be far better than this. However uncertainty always follow in the crypto world.
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August 21, 2017, 07:00:48 AM
 #14

Placed  buy orders@ 3800$ , i have a strong feeling that btc will dump a bit now, i have been seeing a lot of predictions on tradingview, who knows i can grab some btc at this price.
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August 21, 2017, 07:07:47 AM
 #15

see todays chart, eth up, both bitcoins going down, it seems an friendly firing happening within bitcoins, ans who knows what will happen after another fork.  Huh

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August 21, 2017, 07:08:19 AM
 #16

yes it is the perfect time to buy bitcoin because it is not yet $500,000 so you can afford to buy one $500,000 bitcoin for the price of $4000.

Should I wait until it drops in September? Will it drop in October because of the hard fork, or will it go up because everyone wants to get their share of the fork coin? Will whales push the price down in September so they can accumulate it cheaper?
after September is October, then November, then December then January 2018, February,.... and each month there will be another thing going on. it is fork now, then it is ETF, then it is someone FUDing then it is China again, then it is another country, then it is another bullshit we don't know yet, and so on.
if you want to wait for each of these you will end up waiting for eternity.

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August 21, 2017, 07:12:14 AM
 #17

It's hard to predict what will happen next. But it still a good price to buy though. If bitcoin cash pumps. Pretty sure the bitcoin will drop as the volume of bitcoin users are switching to bitcoin cash. Anyway, buy at it's current price is good since we know the potential of bitcoin. Bitcoin just reach $4700 recently. We will see more of it in the near future. $5000 is possible. Or maybe wait for it to drop a bit.
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August 21, 2017, 07:16:52 AM
 #18

if you want to do some short better to play safe and place an entry between 3900-4k as if the price go down you can get some out from it and for sure
afterwards the value will rise back up again fork is approaching once more and more and more speculation to shake the market but be wise and observe
before taking the risk.
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August 21, 2017, 07:19:37 AM
 #19

What theres a fork? I thought the Segwit thing is done. Why do we need a hardfork?

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August 21, 2017, 07:20:08 AM
 #20

No. Buy Bitcoin Cash.

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