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Author Topic: Is that bad timing to buy bitcoins?  (Read 2490 times)
Betthisnow
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November 05, 2017, 07:41:55 PM
 #21

This depends on the reason why you want to buy bitcoin?

It's always a good time to buy bitcoin when you want to use it to pay services or products because you will always receive the value in services and products for the price you have paid for bitcoin at that time.

Trading? On the one hand could the recent high winning rates attract other investors to buy bitcoin that will lead to a further increase of the price, on the other hand should you as a trader buy low and sell high and an all time high has always the risk for a drop.

Mining? As the bitcoin price increased for several $ thousands recently while the mining costs remained the same, I think that mining is currently the best option if you want to invest in bitcoin. If the price will fall, you still have a profit but if you bought to trade then you will lose your money.

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November 05, 2017, 08:14:58 PM
 #22

Is that bad timing to buy bitcoins?
No, it not bad time to buy bitcoin because the up coming fork will bullish the price of bitcoin more than the range that the price is now and next year is said to be another good year for bitcoin.

NOTE : weekend are also the best time to buy bitcoin because the coin cap market are usually close for the weekend.

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November 05, 2017, 08:19:46 PM
 #23

It is a good time to buy bitcoin now because in next weeks are coming some new forks wich will boost the price up to 10.000$. I hope there is not going to be a problem at the end of the year because thats the time when the price fluctuates very much and you can know for sure if it will go up or down.
You can take the risk and invest now because it is possible that the price will go up after the new year starts but the best thing to do is to wait until next year and see how the price will be

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November 05, 2017, 08:28:46 PM
 #24

Is that bad timing to buy bitcoins?
No, it not bad time to buy bitcoin because the up coming fork will bullish the price of bitcoin more than the range that the price is now and next year is said to be another good year for bitcoin.

NOTE : weekend are also the best time to buy bitcoin because the coin cap market are usually close for the weekend.
Yes there is also a big possibilities that bitcoin will continue it's pumping situation because of the upcoming fork on where many people wanted to got the opportunity of getting another new coin from bitcoin fork and hoping that it will also pump.

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November 05, 2017, 08:33:04 PM
 #25

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November 05, 2017, 09:15:38 PM
 #26

It is always a good time to invest in bitcoins because its potential is still enormous. I think the party is just beginning and in a couple of years you will be regretting not having bought now, at such an affordable price below $10,000. When the price exceeds $100,000 in 2020, you'll want to go back a while back but that will not be possible anymore.

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November 05, 2017, 09:32:42 PM
 #27

Who knows. If you're just looking for short- to mid-term profits, entering now is probably too risky. If you're positive about long-term prospects (say, 5-10 years) it may very well be worth the risk.
agree the price  at the moment maybe too high to risk to buy bitcoin but if you are thinking of holding it for a long term I can say that it was worth it . Around 10 years from now by looking at it's current price chart We can expect that the bitcoin price may reach 100,000 usd and the current price for today bitcoin will just look cheap.

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November 05, 2017, 09:39:05 PM
 #28

I would say that right now probably isn't the best time to enter, good possibility of a price fall after the fork, I would wait 10 days and see where the market is at.

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November 05, 2017, 09:50:26 PM
 #29

Is that bad timing to buy bitcoins?
It is always too late if you base on value alone but if you want profit from it . It will definitely grow fast and one trivia it  doesnt have the exact limits so it is for shot unlimited value powered by miners and users well this is what is is now because it is decentralized now.

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November 05, 2017, 10:00:36 PM
 #30

Unlike the price of bitcoin or the time period it's always good to buy bitcoin. Because, when considered about the growth graph it shows several steep price falls, but the same has never lead downwards long term. This in a short gets retained. This surely lets the people get benefited.

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November 05, 2017, 10:31:26 PM
 #31

Is that bad timing to buy bitcoins?
That's not totally bad timing but a difficult time for those who want to get bitcoin because today it getting more expensive and almost get 7000 US dollars and that was too expensive for us to buy even one bitcoin but except to those rich people they can afford it if they want to.

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November 05, 2017, 10:43:59 PM
 #32

If you have tons of money to buy bitcoin then why it is a bad timing for you? I have seen a lot of thread like this before the August 1 fork complaining and asking the same. And my answer is still the same. If you have money, regardless of the price of bitcoin then buy as much as you can because the price will go to the moon later. See what happens last Aug, if they have bought it at the price of $2900 and just hold on it, their invested has more than doubled in 3 months.

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November 05, 2017, 10:44:13 PM
 #33

There is no bad time when it comes to bitcoin,if you have the money with you and if you wanted to enter it,just go for it rather than waiting and looking for the best possible time,looking back i missed a lot of opportunities thinking whether it is the best time to enter bitcoin and now the ship has sailed and i am still looking .

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November 05, 2017, 10:49:57 PM
 #34

You can never for know for sure, but I think that a long-term investment can't be bad. You probably cant make much money overnight, but holding your investment for a couple of years would be very beneficial in my opinion.
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November 05, 2017, 11:10:26 PM
 #35

Nipe i think not. Bitcoin price is rising. Infact two days agomy aunt just found out about bitcoin then she buy  on that night. I think its not late to buy since bitcoin is doing great.
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November 05, 2017, 11:11:57 PM
 #36

If you have tons of money to buy bitcoin then why it is a bad timing for you? I have seen a lot of thread like this before the August 1 fork complaining and asking the same. And my answer is still the same. If you have money, regardless of the price of bitcoin then buy as much as you can because the price will go to the moon later. See what happens last Aug, if they have bought it at the price of $2900 and just hold on it, their invested has more than doubled in 3 months.
Agree when bitcoin reach the 1k usd price everyone is asking this and they afraid of buying because it seems that the price is too high already but those who took the risk already multiply there money upto 7  times within just  a year ! If you don't like risk then don't buy bitcoin

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November 05, 2017, 11:23:18 PM
 #37

Nipe i think not. Bitcoin price is rising. Infact two days agomy aunt just found out about bitcoin then she buy  on that night. I think its not late to buy since bitcoin is doing great.
Yes its not a bad timing in buying bitcoin because you still have a choice to hold bitcoin for a long term. Buy bitcoin it will continue to increase the value. Bitcoin has become rapidly growing so decide to buy.

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November 05, 2017, 11:31:47 PM
 #38

Is that bad timing to buy bitcoins?

I guess, it is! Bitcoin price is increasing, i guess we need to wait until the hardfork happen again, then after that it is the right time to buy a bitcoin.

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November 05, 2017, 11:49:25 PM
 #39

Nipe i think not. Bitcoin price is rising. Infact two days agomy aunt just found out about bitcoin then she buy  on that night. I think its not late to buy since bitcoin is doing great.
Yes its not a bad timing in buying bitcoin because you still have a choice to hold bitcoin for a long term. Buy bitcoin it will continue to increase the value. Bitcoin has become rapidly growing so decide to buy.
Yes you're right.Buying at the current price may not so bad at all because you will still gain profit at the end of the day.Since bitcoin price is always increasing,you will find it hard when will the price goes down again.So make the best of today,buy bitcoin and get some profit in the end.



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November 06, 2017, 12:13:36 AM
 #40

Nipe i think not. Bitcoin price is rising. Infact two days agomy aunt just found out about bitcoin then she buy  on that night. I think its not late to buy since bitcoin is doing great.
Yes its not a bad timing in buying bitcoin because you still have a choice to hold bitcoin for a long term. Buy bitcoin it will continue to increase the value. Bitcoin has become rapidly growing so decide to buy.
Yes you're right.Buying at the current price may not so bad at all because you will still gain profit at the end of the day.Since bitcoin price is always increasing,you will find it hard when will the price goes down again.So make the best of today,buy bitcoin and get some profit in the end.

Exactly. Now is not a bad timing though the price of bitcoin is already quite high to afford. But the more you let the days pass by, the more you will be having a bad timing so it is better for you to buy bitcoin while it's not yet too high for you to buy because if it will increase more, then you will regret in your decision not buying bitcoin earlier.

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