Is $4000 the perfect time to buy

[camelson]

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?

Well as a matter of fact no one will precisely predict the price of bitcoin and its trend in future. Buying bitcoin around $4000 is not a good idea. Wait for some time and may the price decreases in the range of $3000-$3500.

[Dart18]

Too many questions and there is no accurate answer for that.
You will see most comments to be a yes. But why?
Remember what happened after BCH? Most holders thought it will go down and yet where are we now.
Again a fork or not, risk it if you can. Courage is all you need. Trust your instinct.

[Sithara007]

No. Buy Bitcoin Cash.

At BTC0.07 per coin, Bitcoin Cash was a perfect buy. A lot of people who bought BCH at those rates are now sitting on top of almost 150% profits. But the current rates (around BTC0.18 per coin), offer little scope for any further appreciation, at least in the short-term.

[BingoDog]

Maybe it's not quite perfect time but having in mind that is expected for bitcoin price to pump more, go for it. In some due time you will have the profit, that is sure. And I don't quite understand some claims here that are saying that bitcoin will drop back to 3000$ or even below. I would like to know on what information are these predictions based on?

[rhomzkie26]

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?

It's up to you, if you want to buy bitcoin in that price value. Actually, if you are gonna think of it according to the bitcoin experts their projection before and of this year, bitcoin could reach 10, 000$ which means compare it to 4000$ now it is still time to buy bitcoin then save and hold it in a long term.

[leonair]

It seems like you almost also answer your questions, any legit news from Bitcoin developers that will happen along this Scaling will surely affect its price of course but everything can also happens during this changes as Bitcoin Cash is showing off in the market. We can't really do nothing but to wait what will happen in the price of Bitcoin, but if you may ask my opinion about this you must better buy in now because this will gonna be a make it or break it last quarter part of the year for Bitcoin, if it goes down(I hope not so deep) then hold your coins till it bounce back again, if it goes up then good for all of us. Keep in mind, just invest what you afford to lose.

[CristiTCM]

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?

I think you should buy now! i also bought when the price was 3200$. just like you was waiting for the price to fall but instead the price kept rising. So i bought before the SW lock in. Even if the price will drop a little the overall tendency is growing

[alyssa85]

According to teh analysis on the following article, bitcoin might test the $3500 support line:

https://www.fxstreet.com/analysis/bitcoin-analysis-bearish-reversal-confirmed-eyes-3500-201708210640

There are three supports, $3938, $3800 and $3454.

Obviously, do your own research etc etc

[1Referee]

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

Segwit2x requires a hard fork to take place roughly three months after activation. In other words, aside from whatever will really happen at that point, the 2MB hard fork is supposed to kick in somewhere in mid November (give or take a few days). It's something the majority of the miners have agreed on, but the Core side doesn't see much value in it. It will wake up another round of uncertainties and drama, like we have been experiencing in the runup to the 1st of August. In that regard, we should be having a bit more patience to see this annoying scaling 'war' come to an end. Nowadays the main focus isn't Bitcoin anymore, but the greed of the individual characters in this industry.

[Herschy]

According to teh analysis on the following article, bitcoin might test the $3500 support line:

https://www.fxstreet.com/analysis/bitcoin-analysis-bearish-reversal-confirmed-eyes-3500-201708210640

There are three supports, $3938, $3800 and $3454.

Obviously, do your own research etc etc

I think at any price you need to buy. Because now the whole world is buying bitcoin. The price will rise.
Everyone again wants to receive a new bitcoin coin in November.

[Opekin]

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?

We can don't actually speculate it as the previous fork was done and the bitcoiners are now aware what will happen on before and after fork. Considering the price now is high but we don't sure if it will dump or not so it still good price because many of belief it will go around $5000-6000 this year
.

[KizaruOG]

perfect time to buy while it goes sideways

[hello_good_sir]

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 the short term -> Segwit activation will mean that price will probably go up to something like $4500-$5000 in my opinion. $4k will give you moderate amounts of profit. Definitely not a whole lot though, don't expect the sort of profit that was made like before.

In the medium term, the bubble's going to pop.

$4k is going to be seen as very overvalued in a year's time, and btc is probably going to drop back down to around $2k.

In the long term, $4k is a steal. BTC has no limits imposed on its price in the long term, and is a great hedge against inflation. As more people adopt, the price will just keep going up.

[Vishnu.Reang]

In my opinion, this may be the last opportunity to purchase Bitcoin at sub-5,000 levels. But if you trust the Goldman Sachs, then it is a different story. One of their guys predicted that Bitcoin can correct itself to $2,000 per coin in a matter of few months.

[buwaytress]

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?

Well as a matter of fact no one will precisely predict the price of bitcoin and its trend in future. Buying bitcoin around $4000 is not a good idea. Wait for some time and may the price decreases in the range of $3000-$3500.

I remember after hitting the 2xxx ATH and I felt 1,800 was the best time to buy (or in my case, request fiat-value coin payments). Proved to be correct as it never went back below that after surging past 2k. And then when 3,300-3,500 levels arrived, I felt certain the dip would again happen. It didn't. I still have payments pending from 3,300 weeks. If there's anything to be learnt, it's that beyond the span of weeks and months, there's no bad time to buy Bitcoin anymore. Just bite down, get your coins, forget the temporary ups and down, keep your eyes firmly on the horizon.

[ALT67890]

I don't think that's the best options for you to buy at that range(4000$) it would be so risky. Give a little time as soon even to 3000$ range it dropped at that way you can have an insured profit. It is normal to pause for a while when it is needed to.

[btc_angela]

I don't think that's the best options for you to buy at that range(4000$) it would be so risky. Give a little time as soon even to 3000$ range it dropped at that way you can have an insured profit. It is normal to pause for a while when it is needed to.

I beg to disagree, why wait if you can get it now. If you will wait then you will miss a lot of opportunity to earn. What if it didn't drop the price to $3000 but instead to high to $5000? You may have waited for nothing and missing opportunity to really profit moving forward.

I remember after hitting the 2xxx ATH and I felt 1,800 was the best time to buy (or in my case, request fiat-value coin payments). Proved to be correct as it never went back below that after surging past 2k. And then when 3,300-3,500 levels arrived, I felt certain the dip would again happen. It didn't. I still have payments pending from 3,300 weeks. If there's anything to be learnt, it's that beyond the span of weeks and months, there's no bad time to buy Bitcoin anymore. Just bite down, get your coins, forget the temporary ups and down, keep your eyes firmly on the horizon.

Very good observation. And this is a good example of not waiting for the price to dip before getting. The price went up in 24 hours at $2900 if I'm correct. That is why for me if you have funds right now, this is the perfect time to enter the market again because the chance of seeing the price to go up is very likely.

[Opekin]

I don't think that's the best options for you to buy at that range(4000$) it would be so risky. Give a little time as soon even to 3000$ range it dropped at that way you can have an insured profit. It is normal to pause for a while when it is needed to.

We don't know if it will go down to $3000 maybe some other time from $4000+ it will move up to $5000 it is advisable to buy in some dip of price and yet $4000 is good range to buy.

[lumeire]

Nowadays the main focus isn't Bitcoin anymore, but the greed of the individual characters in this industry.

It's because there's money to be made.

@ontopic, already too late to buy now IMO. Anyway, There are a lot of ICOs around, go check them out.

[iqlimasyadiqa]

I don't think that's the best options for you to buy at that range(4000$) it would be so risky. Give a little time as soon even to 3000$ range it dropped at that way you can have an insured profit. It is normal to pause for a while when it is needed to.

We don't know if it will go down to $3000 maybe some other time from $4000+ it will move up to $5000 it is advisable to buy in some dip of price and yet $4000 is good range to buy.

Yes it is not certain, we can not say that bitcoin prices will drop to 3000 $ and we also can not be sure that bitocin prices will rise again better than the current price. This looks so speculators because bitcoin prices are currently stable, before prices always go up and down easily in the range of price range 4000 $ up to 4700 $. So it's possible to buy now will make us more profit than just waiting for the unexpected 3000 $ rate.