melongrass1
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October 12, 2017, 05:29:07 PM |
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I think that right now is probably not a good time to enter in to bitcoin, the price to me seems quite bloated at the moment and liable to fall at least 10% below its current price in the near future. Still it is not a bad time to enter as I believe the price is still headed upwards for some time in the long term.
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Fatanut
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October 12, 2017, 05:36:38 PM |
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It is definitely a good time to buy bitcoin today because the market is increasing. Buy some bitcoins, leverage it, and with just $10 movements in the market, cash out. That will be a good amount of money considering that you only spent a couple of minutes/hours doing it. The price of bitcoin is increasing right now and you can take advantage of that by doing a short trade. Unfortunately, if you buy now and you are looking for a long term investment in bitcoin, I think you shouldn't do it yet as well as in altcoins. You don't know which coins are going to die because of this rise in bitcoins price but I do see a lot of altcoins going down so hard.
For a long term investment, you should just hold your money. Buying while bitcoin is at its peak price can be a mistake. Just think about the people that bought bitcoins for $1200 in 2013 and the price went downhill to $200 in 2015. They had to wait for 4 years just to get back on track and that's not the kind of commitment you are willing to make, then don't buy just yet. Let the water become a little less raging before you invest.
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Don Pedro Dinero
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October 12, 2017, 05:44:50 PM |
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It is definitely a good time to buy bitcoin today because the market is increasing. Buy some bitcoins, leverage it, and with just $10 movements in the market, cash out. That will be a good amount of money considering that you only spent a couple of minutes/hours doing it. The price of bitcoin is increasing right now and you can take advantage of that by doing a short trade. Unfortunately, if you buy now and you are looking for a long term investment in bitcoin, I think you shouldn't do it yet as well as in altcoins. You don't know which coins are going to die because of this rise in bitcoins price but I do see a lot of altcoins going down so hard.
For a long term investment, you should just hold your money. Buying while bitcoin is at its peak price can be a mistake. Just think about the people that bought bitcoins for $1200 in 2013 and the price went downhill to $200 in 2015. They had to wait for 4 years just to get back on track and that's not the kind of commitment you are willing to make, then don't buy just yet. Let the water become a little less raging before you invest.
I disagree on your long-term investment views. The example you are giving is one I usually give as well to tell people not to be overexcited and be prepared if bear market comes and stays for a while. However, what I think is that if you are a long-term investor is because you have researched what bitcoin is and you firmly believe in its long-term potential. So, what you should do in that case in not to try to time the market. The fact that we reached an ATH doesn’t mean that this will keep going up without falling but it doesn’t mean that we are going to have a bear market like the one you mentioned either. Actually, a strategy in buying stocks is only to buy them when they reach ATHs. Besides, most people don’t have a huge amount of money that they can invest at once. What they do is they save money to invest and buy and in this case it would be silly to try to time the market as well.
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chaser15
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October 12, 2017, 05:53:50 PM |
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Seeing the current time and the market Bitcoin has become very famous and many are trying to get into Bitcoin. I would say it is a good time to enter into bitcoins but maybe not the best time to buy bitcoins. The best time to buy would be when prices go down but it is sure that they would rise again and will be profitable.
People really want to enter bitcoin when the price is increasing rather than when the price experiencing price decrease lol. It's because they are doubtful to spend money on which they will not know what will happened. Obviously no one knows what will happen as what investment supposed to be. Now that they decided to enter they will be force to buy at the current price rate and will hope that more price increase will happened in the future.
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Babyrica0226
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October 12, 2017, 06:03:01 PM |
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The best time to buy was several years ago. The second best time is now.
I agreed it is still best time to buy bitcoin as long the price value of is not yet reaching the 10,000$ each of bitcoin. Just there is a chance that you can afford to buy in do it repeatedly.
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Koadharber
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October 12, 2017, 06:06:06 PM |
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The best time to buy was several years ago. The second best time is now.
I agreed it is still best time to buy bitcoin as long the price value of is not yet reaching the 10,000$ each of bitcoin. Just there is a chance that you can afford to buy in do it repeatedly. If you do really target for long term then the price as of now would really be still okay and yes it can possible reach up new heights on the future but if you are a short trader or investor that would really do low to see profits on short span of time which the current price is too high and its risky to buy as of the moment because of the peak price we are seeing now the possibilities of price decrease will surely happen after the fork.
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nesh1
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October 12, 2017, 06:07:36 PM |
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Actually you should have already entered bitcoin before the price was this high i would say that you can still buy it because the price will go up more this way you will have profit anyways.
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BCTBF
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October 12, 2017, 06:54:44 PM |
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Both are the best times, when you have the money and have time to go in bitcoin, then do it. It is never too late to start something good because to achieve success you have to sacrifice in the beginning.
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the rise
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October 12, 2017, 07:02:39 PM |
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The best time to buy was several years ago. The second best time is now.
I agreed it is still best time to buy bitcoin as long the price value of is not yet reaching the 10,000$ each of bitcoin. Just there is a chance that you can afford to buy in do it repeatedly. If you do really target for long term then the price as of now would really be still okay and yes it can possible reach up new heights on the future but if you are a short trader or investor that would really do low to see profits on short span of time which the current price is too high and its risky to buy as of the moment because of the peak price we are seeing now the possibilities of price decrease will surely happen after the fork. Bitcoin does not always go up, there's always going to be where bitcoin goes down and get stuck in correction price, here's our advantage to buy bitcoin, no best time to collect bitcoin, all just based on intensive trading momentum, if in the past very easy to get and even free , currently requires the competence to get it, I do not know the bitcoin at the time. I do not regret and try to take every opportunity because every day is the right time to seek profit from the prevailing fluctuations.
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PokerStein1
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October 12, 2017, 07:36:49 PM |
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Since we are experiencing all time high's of bitcoin these days i think it is best option to buy alt coins until we pass through BTC fork. Because after BTC fork people will sell some of their bitcoins and buy alt coins with them.
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djselery
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October 12, 2017, 07:39:51 PM |
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The actual price of Bitcoin is 5300$ which is a bit high. Generally the good time to invest and buying is when the price go down, but I think even buying now with this price will profitable in the long run, because Bitcoin's price will keep rising with time and it will be higher in the next months and years, so the profit is almost guaranteed.
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Jessy Mediola
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October 12, 2017, 07:46:24 PM |
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Well, every time it goes down is a good time to get in. Still, if I'm going to invest a substantial amount of money in it, I'd probably wait for a few more months. The technical bits don't make sense to me since I'm just in for the money but it appears there still seem to be unresolved issues about the block size. I read in the news that whether it would be increased or not would be on November. If I am convinced that I'd invest in this no matter what, I'd probably wait till then to see if there would be a larger price decrease. Yes this is the right time that i will make money here in bitcoin. The value of bitcoin now is high and shining bright. Its so high than ever before to reach $5k. Bounty hunters are so happy because of that.
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Welsh
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October 12, 2017, 07:49:39 PM |
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Actually you should have already entered bitcoin before the price was this high i would say that you can still buy it because the price will go up more this way you will have profit anyways.
This is far from guaranteed. I like to remain on the optimistic side of things, but we can't be sure that it will keep on rising. One of the reasons right now that the price is being brought in a upwards fashion is that people are preparing for the hard fork that is up and coming.
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putrii
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October 12, 2017, 07:50:46 PM |
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I think this is a great time to buy bitcoin, because bitcoin will experience hardfork in this month which will give you free coin from hardhopk bitcoin as long as you have bitcoin balance this month.
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GregH37
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October 17, 2017, 07:29:07 AM |
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I've always said that the right time for bitcoin is now. There is no need to hesitate as long as you have some money to invest on it. Also it is worth noting that bitcoin now is volatile but also stable in a sense that the more earlier you start the earlier you get. Investment in everything holds the risk and so is the bitcoin. You can also look at the start of bitcoin in 2009 when the price was just a few dollars less than 10 and some time ago reached almost 5000 dollars then collapsed till 3000 dollars or less but now once again it is rising and reached to about 4000 dollars. It is just like gold. Changes occur in every minute in price, but we should look at the future of btc. Those are In really well settled position who invested in bitcoin when it was started and prices on that time was very much low as compare to this and now it has developed itself up to so high level that its price is 4500+USD and people wait for the dumps to invest in it and yes this is the time to invest because if you wait for dump maybe it will not happen and all you do is regret.
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romecheo
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October 17, 2017, 07:45:01 AM |
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The best time to buy Bitcoin was almost a decade ago. and Now when ever there's a dip on Bitcoin value, it was always the best time to buy Bitcoin.
If you wait too much for the right time, you maybe wasting your chance a lot.
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LogitechMouse
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October 17, 2017, 08:13:05 AM |
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I think the best time to buy bitcoin is the time when the bitcoin introduces to the world or I should say then cryptocurrency has been born. Its been many years from now and we can see that bitcoin is still there so if you are planning to buy bitcoin, buy it no or invest in bitcoin now. Bitcoin's price in the future will increase so you can get a huge ROI when you hold it and sell it after a year or 2 for long term.
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King Sastro
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October 17, 2017, 08:19:15 AM |
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Although the bitcoin price is currently around $ 5700 and is considered expensive by most people, but if we have not started investing then it is not too late and there is still a chance to get profit because next year the price will rise at least 300% from now.
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fetishboang
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October 17, 2017, 08:20:24 AM |
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It is better to buy bitcoin if the price is going down but right now it is kinda not happening maybe wait for another scandal or news in china because it will greatly affect bitcoin. If you have the money to buy bitcoin right now then buy cause from what i heard bitcoin's price will go up.
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miltonpogi
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October 17, 2017, 11:14:52 AM |
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Well, for me every time is advisable to buy or enter bitcoin because it's price was surprisingly rising, but if you are going to ask me ask on, what time is the best time to buy and enter bitcoin?, I will probably say that, that is the time when bitcoin price is too low or after the wave of the bitcoin price because the price of bitcoin will decrease bunch of money and it is the perfect timing to invest.
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