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Author Topic: Should I buy bitcoin now?  (Read 6903 times)
NebA (OP)
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October 25, 2017, 05:18:11 PM
 #1

New user to the forums and new to Bitcoin overall, just looking for some advice. My friends have bought packs with USI-tech a few months ago when the price was around £2.5k per coin. I'm looking to get into it but just wondering when to go for it.

I've been waiting for the price to fall which it kind of has now, do I wait it out even longer for it to fork again in November? Or do I just put some money into it now. I've been doing a lot of research before I do anything but just want some opinions on here please.
pawanjain
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October 25, 2017, 05:24:53 PM
 #2

Well the price fluctuation is a thing that even the expert trader can't predict accurately. The price might go up or down.
The fork has finished and the price has seen a little of downward movement but it is not that much though. We can consider it still a higher price.
If the price is corrected more then there might be a downward more if not we can the price rising further more. There is a fork in November and so there are chances that the price might increase until then. So you have to take your chances against the price.

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trplzr
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October 25, 2017, 05:25:42 PM
 #3

New user to the forums and new to Bitcoin overall, just looking for some advice. My friends have bought packs with USI-tech a few months ago when the price was around £2.5k per coin. I'm looking to get into it but just wondering when to go for it.

I've been waiting for the price to fall which it kind of has now, do I wait it out even longer for it to fork again in November? Or do I just put some money into it now. I've been doing a lot of research before I do anything but just want some opinions on here please.

The correct time to enter no one knows ... study the currency, if you believe in the project, wait for the next correction and be happy ^^.

Meego821
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October 25, 2017, 05:26:13 PM
 #4

I buy every month small amount no matter what price is
sayedtaha
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October 25, 2017, 05:28:20 PM
 #5

dear all
i prefer to wait until the next hard fork passes
mk4
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October 25, 2017, 05:33:32 PM
 #6

If you're planning on holding the coins long term, then get them now; difficulty is increasing and supply is increasing. When talking about short term though, maybe wait for more price dips before purchasing.

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HeRetiK
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October 25, 2017, 05:37:18 PM
 #7

Hard to say. I wouldn't be surprised if BTC were to drop as low as USD 3000,- some time in the next few weeks or months, but it's also not something I would bet on.

I guess it mostly boils down to your own risk aversion and financial situation.

What would be worse for you? Buying in now and potentially losing your investment or not buying in and potentially missing out on what could be financial revolution of the century?


I buy every month small amount no matter what price is

Dollar-cost-averaging is also a viable option to reduce volatility risk.
TanyaDegurechaff
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October 25, 2017, 05:38:17 PM
 #8

New user to the forums and new to Bitcoin overall, just looking for some advice. My friends have bought packs with USI-tech a few months ago when the price was around £2.5k per coin. I'm looking to get into it but just wondering when to go for it.

I've been waiting for the price to fall which it kind of has now, do I wait it out even longer for it to fork again in November? Or do I just put some money into it now. I've been doing a lot of research before I do anything but just want some opinions on here please.

my relatives always tell me this Chinese proverb. "The best time to plant a tree was 20 years ago. The second best time is now." Let me tell you that this applies also to bitcoin. back when bitcoin was only a few dollars I already know about it. The thing is that I din't think that it will be a good investment and never bother with it and because of that I have lost a golden opportunity. So the lesson is that if you see a opportunity to invest go for it. Just remember always take caution when investing and never invest what you cannot afford to lose.


"Miracles are illusions caused by insufficient observation and understanding. They're just... glorious misunderstandings."
tomahawk9
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October 25, 2017, 05:43:47 PM
 #9

New user to the forums and new to Bitcoin overall, just looking for some advice. My friends have bought packs with USI-tech a few months ago when the price was around £2.5k per coin. I'm looking to get into it but just wondering when to go for it.

I've been waiting for the price to fall which it kind of has now, do I wait it out even longer for it to fork again in November? Or do I just put some money into it now. I've been doing a lot of research before I do anything but just want some opinions on here please.
The dip we're seeing now is not the lowest we've seen this month, i mean, last week btc hit 5170$, while at the moment of this post, price is around 5500$ Of course, no one can say for sure if the price is going up or down in the next couple of days.
But I would recommend you to buy now if you can, as an investment for the long term, i believe we are going to see the 6000$ again very soon, and who knows, maybe even reach a new ATH.

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aa.aep
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October 25, 2017, 06:04:05 PM
 #10

If you plan on holding bitcoin in the long run, then they are now; Difficulty is on the increase, and supply is getting harder When talking about short term though, it may wait for more prices to drop before buying so we should often monitor bitcoin prices if we invest in making a big profit.
joseafonso123az
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October 25, 2017, 06:32:48 PM
 #11

It's all about how much you believe in this project, and also what are your conclusions after learning a bit about BTC. If you think that it has a potential to grow even more and you just want to hold them, then you may buy them in small portions! If you want to trade, then you should learn the market, and trading techniques to get more profits then losses.
For me, I am a believer and hope its value rises way above from what it is now!
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October 25, 2017, 06:37:15 PM
 #12

to predict the rise or the price is very difficult, because the price can change without change we know and we used to, if it holds the money is me, I make sure to buy it right now, because if we expect the bitcoin price down did not happen then we will get far behind the price increase, and it will not hurt us to buy bitcoin if we intend to invest in the long term.
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October 25, 2017, 06:40:09 PM
 #13

Everyday is the right day to buy bitcoin,have faith on Btc that progress will always indeed,the value wil always climb eventhough sometimes go down.but faster than when it falls climbing ul again.so take the word..invest now
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October 25, 2017, 06:42:18 PM
 #14

You should buy it somewhere in the future. If I were you I would buy after the 2x fork in November. The bitcoin may deep in price quite a bit, we may see it below $3000 or even lower. That is just my opinion, you should listen to yourself because I am not a financial advisor. But it makes sense to me that after 2x btc will drop just like after fork of bitcoin gold. Some people made more money by just selling their bitcoin at the top and buying back lower than on bitcoin gold.

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October 25, 2017, 06:43:33 PM
 #15

No .... Price is too big ATM .. So try to wait it to goes down for 10-20 percent Smiley
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October 25, 2017, 06:45:47 PM
 #16

New user to the forums and new to Bitcoin overall, just looking for some advice. My friends have bought packs with USI-tech a few months ago when the price was around £2.5k per coin. I'm looking to get into it but just wondering when to go for it.

I've been waiting for the price to fall which it kind of has now, do I wait it out even longer for it to fork again in November? Or do I just put some money into it now. I've been doing a lot of research before I do anything but just want some opinions on here please.

Courage. You need it.
Faith. Most needed of all. Trust will also make it smoother and easier to decide.
Without those you wont take the risk.
But I suggest you do it as fast as you can. The price fluctuates like crazy and no one can tell you a 100 percent accurate answer. It is unknown. Just go for it if you made your choice.
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October 25, 2017, 06:55:44 PM
 #17

I buy every month small amount no matter what price is
nice strategy,and many of bachelor's across all over the countries in the world are using this strategy to make many at free time by investing money👍
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October 25, 2017, 07:00:08 PM
 #18

I think you should do that cause the price of Bitcoin at this time only about 5k5$, it's a good price to buy cause I think after the hard fork Bitcoin price will reach to 7k$ very quickly. Beside you should buy it now to claim free BTG and Bitcoin2x after the upcoming hard fork. If you still feel a little bit nervous about it I think you should make some research about the coin market before decided to buy some.
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October 25, 2017, 07:01:09 PM
 #19

Now would be a good time to buy in as prices have fallen. Unfortunately if you want to wait there is a fair chance it will rise again.

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October 25, 2017, 07:03:17 PM
 #20

If you're planning on holding the coins long term, then get them now; difficulty is increasing and supply is increasing. When talking about short term though, maybe wait for more price dips before purchasing.
solution for this problem is invest small amount of money per month in a period where prices are dips
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