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Author Topic: When is the right time to buy bitcoin ?  (Read 16399 times)
Pchahal (OP)
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September 15, 2017, 09:31:50 AM
 #1

After the recent news re. BTC China and regulators crackdown on cryptocurrency trading, we all know which direction bitcoin and alt coins are currently heading. I wish to buy Bitcoin and Altcoin when they hit the floor, but i am unsure of when the right time is to enter?

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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September 15, 2017, 09:53:55 AM
 #2

Nobody knows my friend. But if you scan the topics most people believe the bottom lies somewhere between 2300 USD and 2700 USD.

You will have to find out for yourself if you are willing to take the risk of buying at the $ 3K mark. If you are in for a long term investment personally I don't think you will regret buying now. If you are aiming for the absolute bottom then at least wait what the weekend will bring you.

Good luck!
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September 15, 2017, 10:03:51 AM
 #3

Today bitcoin price dump so i tell today is right time to buy bitcoin. bitcoin price always increase it's price decrease but it not long time. so every day is right time to buy.
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September 15, 2017, 01:30:23 PM
 #4

[...]

You will have to find out for yourself if you are willing to take the risk of buying at the $ 3K mark. If you are in for a long term investment personally I don't think you will regret buying now. If you are aiming for the absolute bottom then at least wait what the weekend will bring you.

[...]

It is worth noting that hitting the absolute bottom is as easy as hitting the absolute top, ie. it takes a lot of skill and luck to make the right call. So if you feel the need to enter the market, consider buying in step by step. However remember that this may be beginning of a long term bear market, so while I personally am fairly positive that we're going to recover in a few weeks it may take years until you're able to turn an actual profit.

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September 15, 2017, 01:50:29 PM
 #5

Nobody knows my friend. But if you scan the topics most people believe the bottom lies somewhere between 2300 USD and 2700 USD.
back when price broke the $2000 resistance for the first time and went as high as $2500, a correction started which was also accompanied by some FUD about split. by that time, if you scanned the topics most people believe or better say claimed to believe the bottom is at $1100-$1300 but you can see that price barely went below $2000 for a couple of minutes and jumped back up and continued up towards $3000 and then $4000+

the point is, reading random comments and what people say "they believe as bottom" will make you miss the train.

There is a FOMO brewing...
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September 15, 2017, 02:00:44 PM
 #6

If you dare, this is the right time.
do not listen to the opinions of others. because they are panicking and preparing to sell BTC.
only brave people can survive. This storm will leave. Cool

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September 19, 2017, 07:03:22 AM
 #7

Rather than drive yourself nuts with anxiety watching the price, do yourself a favor and learn more about Bitcoin. Don´t look at the price all day, that leads to nothing.
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September 19, 2017, 07:20:11 AM
 #8

After the recent news re. BTC China and regulators crackdown on cryptocurrency trading, we all know which direction bitcoin and alt coins are currently heading. I wish to buy Bitcoin and Altcoin when they hit the floor, but i am unsure of when the right time is to enter?


I think the best time to buy Bitcoin is when bad news comes and everyone panics sell.
But I think if Bitcoin reaches the lowest price of $ 3000 I will put all my money to buy Bitcoin.

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September 19, 2017, 07:45:31 AM
 #9

What do you think the future of btc is? I think the price will keep rising going forward so no matter what the price is, when I have money I can 'afford' to lose, I then buy more
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September 19, 2017, 07:48:57 AM
 #10

You missed the chance already. Bitcoin drops drastically to $3200 a piece. You should have buy some when the price is still low due to continuous FUDs created by China and JP Morgan bullshit. Right now we $3900 a piece. So you missed hundreds of dollar. Bitcoin price goes up quickly when they announce the ban is just temporary. It is okay since bitcoin didn't have corrections after months of price surges. $3900 still a good price though. Because i believe it could not drop any bigger right now. It will go up in a matter of weeks. Better buy now or regret it later.
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September 19, 2017, 07:58:12 AM
 #11

as far as my experience of bitcoin I would argue that bitcoin tends to go down if there is an issue about bitcoin. if there is a chance there we can buy bitcoin when bitcoib prices start to fall.
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September 20, 2017, 12:56:06 PM
 #12

If you want to buy bitcoin, then buy it when you need it. if you want an investment in the long term then buy it every time or calculate it when you really want to buy it. learn from every experience that you do. Cheesy Cheesy
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September 20, 2017, 01:03:42 PM
 #13

No one can tell the proper time of bitcoin dump. but i guess if you want to buy bitcoins then you buy it any time or the time right now is good because the price of bitcoin is highly volatile and i guess its price will be raised in these two months. Best of luck if you buying.
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September 20, 2017, 01:06:24 PM
 #14

when china starts to ban ico and it will close bitcoin market, then bitcoin starts to decrease, moment like this you can go in to do inves to bitcoin,, because I am sure bitcoin will be able to rise again.

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September 20, 2017, 01:10:10 PM
 #15

If you are looking for short term profit, look for dumps. If you are looking for long term (1-1.5 years) you can buy it anytime regardless of the current price. It will increase by that time for sure
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September 20, 2017, 01:12:02 PM
 #16

After the recent news re. BTC China and regulators crackdown on cryptocurrency trading, we all know which direction bitcoin and alt coins are currently heading. I wish to buy Bitcoin and Altcoin when they hit the floor, but i am unsure of when the right time is to enter?


It depends on you, but for me the perfect time to buy bitcoin is when the bitcoin price drop or fall. You must set a price which you want to buy and when it reaches your set value go for it. Then after you buy hold for it until its price pump again back on its high value. Most of the time buyers wait for the dump of bitcoin so that they will earn more bitcoin if its pump again. That is one characteristic of bitcoin.



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September 20, 2017, 01:16:07 PM
 #17

If you are looking for short term profit, look for dumps. If you are looking for long term (1-1.5 years) you can buy it anytime regardless of the current price. It will increase by that time for sure
Yes, as the user stated in the above quote based on the user requirement one can schedule the buying. With bitcoin and other digital currencies the price fluctuates with regards to the time period. Based on the fact it's good to buy trusting it when the price falls for short term profiting.

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September 20, 2017, 01:19:47 PM
 #18

After the recent news re. BTC China and regulators crackdown on cryptocurrency trading, we all know which direction bitcoin and alt coins are currently heading.
yes it is clear as day:

bitcoin: more adoption, continue to rise after the weak hands were shaken out and everyone could successfully accumulate
altcoins: the same pump and dumps than before.

in other words nothing has changed.

Quote
I wish to buy Bitcoin and Altcoin when they hit the floor, but i am unsure of when the right time is to enter?
whenever you have money buy bitcoin. if you want a tiny bit more profit buy bitcoin when it is in a dip and then hold for long term big profit.

whenever you feel like a trader and want to try pump and dumps buy altcoins.

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September 20, 2017, 01:21:17 PM
 #19

After the recent news re. BTC China and regulators crackdown on cryptocurrency trading, we all know which direction bitcoin and alt coins are currently heading. I wish to buy Bitcoin and Altcoin when they hit the floor, but i am unsure of when the right time is to enter?



When is the right time to enter? 2 or 3 days ago when the price went back down to 3,000 temporarily. When is the time to sell? yesterday or today while it is 4,000.

That is of COURSE only if you are looking at flipping and trading in the short term.

When is bit time to get into bitcoin fo and stay in it? now. tomorrow. the day after, etc. Buy a little at a time every other day so you can get in at lower prices sometimes if you want to hold it long term.
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September 20, 2017, 01:23:16 PM
 #20

the best time to buy is when the price decreases and is at the lower enough rates. but for me to buy bitcoin at any time is the best time, because whatever the time we still have a chance to be able to benefit. the important thing is that we can benefit, do not need much because the most important is the stability of profit.
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