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Author Topic: When is the right time to buy bitcoin ?  (Read 16399 times)
jatin729
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October 12, 2017, 11:30:32 AM
 #401

Hey, simply when btc price was low than we should buy bitcoin for future savings.
For example i was purchased 0.2 btc when chinese bans exchanges bitcoin price was about 3200 usd and i sold tham last week price 4600 usd.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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October 12, 2017, 11:35:46 AM
 #402

maybe but that's when you want to buy a bitcoin if it's the right time to buy you buy you own your own mind ...

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October 12, 2017, 11:44:14 AM
 #403

Hey, simply when btc price was low than we should buy bitcoin for future savings.
For example i was purchased 0.2 btc when chinese bans exchanges bitcoin price was about 3200 usd and i sold tham last week price 4600 usd.
That is a good entry point right there, you can see that there is not always depending on the price or in the chart of bitcoin because you can also rely on the news that is about bitcoin like if there is fud then there is a possibility for the market to go down and you should ready your money to buy bitcoins at the lower or from the dips in the market to save some and hold it until the next bull run.
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October 12, 2017, 11:50:02 AM
 #404

The right time depends on the bitcoin value, if it seems that its value is decreasing, you should watch and observe the changes. If you think that it would be the lowest it could drop, this is the right time to buy but if you have already bought and the value still drops, it is fine since the probability of bitcoin to increase is way more greater than for it to permanently drop its value.

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October 12, 2017, 01:04:32 PM
 #405

As long as you have cash to buy bitcoin, do it. This year is still a good time and right time to buy bitcoin. If you are always hesitant, you will always regret the opportunity you waste everytime you think of that. The only path for bitcoin is to go up so every year that will pass is surely another all time high and it's getting more and more expensive.
Buy low, sell high is the only motto of all traders but still people fail to do that due to certain reasons. First, they do not have good prediction skills and second they don't trust the bitcoin rather they are unaware of its potential.

Few ones have actually done the opposite i.e. buy high , sell low. IMO, it is best to buy bitcoin at any time you can and hold it on for few months without watching the price daily if someone has a weak heart.
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October 12, 2017, 10:05:44 PM
 #406

Today is NOT the right time to buy Bitcoin. As Bitcoin will continue to become bearish. Soon We can see it under $3k. What we can do now is to SELL it.and rebuy it from the bottom.

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?


so far that's the best thing we can do for now. as what he said was right, we already knew that some people would actually panic sell when this news about forks and segwits and lots of issues related will happen.
Panic selling will end if the investors can control their nerves and take decision seriously, panic selling gives loss to investor as well as to the bitcoin because prices get to the down due to panic sellers, newbies are the most of the panic sellers who take serious to the rumors are the victims of the loss and then they start blaming bitcoin but all the wrong things are done by them.


Panic selling is never going to end maybe a few persons will be able to avoid it most of the time but most people tend to follow their emotions, while many people think about panic selling there is also panic buying, many people are probably buying bitcoin right now thinking that if they do not, they are going to miss in the profits, maybe they are right but they are buying it by impulse and not by analyzing the markets and taking the best decision available.

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October 12, 2017, 10:12:16 PM
 #407


it's still a person if he thinks it's the right time to buy a bitcoin because when it comes to bitcoins that's a different kind of perspective we do not hold the mind of others to say that's the time to buy a bitcoin not That's the way people are still approaching if they know what he's doing ...
If someone want to invest bitcoin, then  just invest right now. Don't wait that bitcoin price will fall then invest because we gonna not sure if it will goes like that. Even though you buy it in high price but still profitable in the future because I believe that bitcoin price will still increasing.
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October 12, 2017, 11:23:37 PM
 #408

Even with some people waiting for a dump where they consider to buy, the best moment to buy bitcoin outsides the dump is when you have money to invest, because bitcoin can dump if you havent money you will miss a good opportunity to make easy money, but never is too late to buy  bitcoin no matter its value, since its potencial is huge.
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October 13, 2017, 12:29:07 AM
 #409

there always be a crash time for bitcoin, you can see the graph. All you need to do is prepare your money , and wait for the discount time. The last crash on bitcoin was when the china bans crypto currency, and affect bitcoin to dump over $1000, But right now, bitcoin even more expensive than before, after it crash. I suggest you to buy in the dip, it's a common strategy if your asking when is the right time to buy. And never buy bitcoin when it's in peak just like nowadays. Good Luck.
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October 13, 2017, 12:53:16 AM
 #410

If you haven't got on board, you should jump on the train immediately. The price will go up and up, with some fluctuations, obviously.
The earlier the better!
well i think everytime is the right time to buy bitcoin because bitcoin is really amazing now a days it is really continue increasing now a days and this reality makes all investors profitable becase of its  crazy price .
i dont think so its profitable to buy right now. it might be profitable for a very very long term. but i agree every time is the right time to buy.as long as how you consider when to gain profit and how much you would want yo gain

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October 13, 2017, 02:08:43 AM
 #411

Right time to buy bitcoin is when its price face a huge fall due to activities like a country banning bitcoin,hard fork occurring or other.In short,you should buy as much bitcoins as you can when most of people sell their bitcoins in panic.For example,before august 1 when bitcoin's fell down to $1,850 due to fear of hard fork or when its price recently fell down to $3,000 from $4,000 due to china's actions against bitcoin.

But such occasions do not come frequently.So,either you would have to wait.Or else,it would not be a wrong decision even if you decide to buy now since bitcoin;s price seems to be ever increasing if we see the past history of bitcoin price.Vry soon,bitcoin price may cross $6,000 as its price is already $5,574 now.
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October 13, 2017, 02:13:26 AM
 #412

every time is the right time to buy bitcoin , because bitcoin is the very best investment project to got in, so buy as much as you can, so you had a big chance to be succeed in the future. bitcoin now is successful and getting more success in the future so all people had this bitcoin are had a chance to become millionaire someday.
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October 13, 2017, 02:17:15 AM
 #413

I think this is the rigth time to buy bitcoin, years had pass bitcoin price will hike go up much better to invest more bitcoin now for the future in need.

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October 13, 2017, 02:22:11 AM
 #414

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?


The right and perfect time to buy bitcoin for me was everytime its price dump. When it happen grab the opportunity and hold it in your wallet account and wait until it pump. When it pump high then sell it. Then wait again until its dump to buy again. That concept of bitcoin is one way to earn more money. Because the value of bitcoin was not stable so you need to buy and sell in order for you to get profit every time its value increases.
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October 13, 2017, 02:26:29 AM
 #415

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?


For me, If the price is lower then it is the right time to buy bitcoins. Bitcoins price is unpredictable and its price is continue increasing that is why we cannot say its the highest price of bitcoins today because it continue to get higher so if I were you as long as you have money try in to invest bitcoins.

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October 13, 2017, 02:29:32 AM
 #416

This is the right time to buy bitcoins. If you look at the price of bitcoin right now, it is significantly up. If you have much money to invest on bitcoin, this is the right time to invest. I predict the price can hit $6,000 in the end of the year. Tbh, i'm surprised the bitcoin price suddenly increase so high.
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October 13, 2017, 11:35:53 AM
 #417

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?


For me, If the price is lower then it is the right time to buy bitcoins. Bitcoins price is unpredictable and its price is continue increasing that is why we cannot say its the highest price of bitcoins today because it continue to get higher so if I were you as long as you have money try in to invest bitcoins.

we have much time to waiting the price is lower like it happen today when the price is reach $5477 and we can buy bitcoin but unfortunately now the price is start rising again. and if there is any chance for us to see the price is down again, then its our time to buy bitcoin again. I think its better we set alarm in our cellphone and installed apps software for our android phone so we know when the right time is come and we don't missed the chance.

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October 13, 2017, 02:08:40 PM
 #418

actually all the time just how good any time we see an opportunity or chance that good and right and the money to make the purchase because of the bitcoin bitcoin itself can't we predicted when the price will go up or down, then out of it before you do a purchase transaction you should need to monitor price movements so that when the price of the bitcoin was falling or under current prices, you could figure it out and do the transaction with so you will profit Although prices later rose slightly.
 
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October 13, 2017, 10:49:07 PM
 #419

If you haven't got on board, you should jump on the train immediately. The price will go up and up, with some fluctuations, obviously.
The earlier the better!
well i think everytime is the right time to buy bitcoin because bitcoin is really amazing now a days it is really continue increasing now a days and this reality makes all investors profitable becase of its  crazy price .

I don't think that today is the right time to buy it, the price is just to high trading at above $5000. I think I have to have when the price goes down a little before getting it again. Although its really profitable long term, casual investors will have a difficult decision right now to whether buy it and hold for long term or just short it if you think you have profit that is enough for you.


it's still a person if he thinks it's the right time to buy a bitcoin because when it comes to bitcoins that's a different kind of perspective we do not hold the mind of others to say that's the time to buy a bitcoin not That's the way people are still approaching if they know what he's doing ...

This is exactly what I want to partake. Its depends on what is your perspective of bitcoin. Some look at it short term, other are in it for the long haul. So as long as you know your goal then we can't argue because its your decision and mindset. We can all advise. The final say is still up to yourself.
Correct, buying when the price is going up is a bad idea, we must buy when the market is calm and not much is happening, if you buy at this moment you risk losing money if bitcoin goes down and returns to the the price it had before the pump, so buying is a bad idea but holding and selling are good moves.

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wahb
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October 13, 2017, 11:44:33 PM
Last edit: October 14, 2017, 01:36:14 AM by wahb
 #420

If you haven't got on board, you should jump on the train immediately. The price will go up and up, with some fluctuations, obviously.
The earlier the better!
well i think everytime is the right time to buy bitcoin because bitcoin is really amazing now a days it is really continue increasing now a days and this reality makes all investors profitable becase of its  crazy price .

I don't think that today is the right time to buy it, the price is just to high trading at above $5000. I think I have to have when the price goes down a little before getting it again. Although its really profitable long term, casual investors will have a difficult decision right now to whether buy it and hold for long term or just short it if you think you have profit that is enough for you.


it's still a person if he thinks it's the right time to buy a bitcoin because when it comes to bitcoins that's a different kind of perspective we do not hold the mind of others to say that's the time to buy a bitcoin not That's the way people are still approaching if they know what he's doing ...

This is exactly what I want to partake. Its depends on what is your perspective of bitcoin. Some look at it short term, other are in it for the long haul. So as long as you know your goal then we can't argue because its your decision and mindset. We can all advise. The final say is still up to yourself.
Correct, buying when the price is going up is a bad idea, we must buy when the market is calm and not much is happening, if you buy at this moment you risk losing money if bitcoin goes down and returns to the the price it had before the pump, so buying is a bad idea but holding and selling are good moves.
I think that when the price of bitcoin was trading below 4000$ it was the best time to trade bitcoin. Although bitcoin price have still trading a little high, but still bitcoin has too much potential and its price can go more high and hopefully that its price will very soon cross 8000$, and in this sense I think that long term investment is the best choice.
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