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Author Topic: Buy BTC at 6500 or wait to go lower?  (Read 2084 times)
n00bsaibot (OP)
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November 10, 2017, 06:50:49 PM
 #1

Should I buy BTC on 6500, or wait to possibly go even lower?
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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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Schlaumeier
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November 10, 2017, 06:57:57 PM
 #2

Just my 5 cents: You will get it way lower  Grin
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November 10, 2017, 07:11:13 PM
 #3

I'm asking myself exactly the same question... But I agree, it may still go down for a while giving the current trend.
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November 10, 2017, 07:32:03 PM
 #4

my advice is - buy little when it goes down little.
Buy more when it goes down more.


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November 10, 2017, 07:32:05 PM
 #5

If you are playing long term, 5-10 years anything under $10k is probably going to get you at least 500% profit.. IMO anyway. Short term probably can it in a bit lower..

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November 10, 2017, 07:35:34 PM
 #6

BTC will get back when BCH will dump. Can't tell right now if BCH already started dumping but it has certainly stopped rising
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November 10, 2017, 07:41:07 PM
 #7

I think that it will continue down in this week. You can wait until $6000 to buy. In next month, Bitcoin will go up again.
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November 10, 2017, 07:43:02 PM
 #8

Should I buy BTC on 6500, or wait to possibly go even lower?
This is an age old question, the nature of bitcoin dictates that it could be up or down at any time, the question you need to ask yourself is can I afford to lose whatever I put in, nobody should be putting money into bitcoin that they need, worst case scenario is that bitcoin goes way down and you lose your investment.

I don't mean to scare anyone but this should be in mind when investing in anything, bitcoin has been on a tremendous ride recently but will this continue? who knows.

To answer your question, yes now is a good time to invest as long as you can afford it.

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November 10, 2017, 07:51:23 PM
 #9

You might as well buy Bitcoin at $6500 because you know you’re getting a relatively low price. The price could drop lower but there’s no guarantee and you will miss out on getting it cheap.

It doesn’t matter so much if you are holding for long term because you know you’ll make a good profit either way. A price correction is not necessarily a bad thing because it gives us a chance to buy cheap coins. The key is to make sure you go ahead and buy sometime before the price goes back up.
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November 10, 2017, 07:56:30 PM
 #10

Should I buy BTC on 6500, or wait to possibly go even lower?
We can expect the price to dip to a max of $6,200 USD. You better start investing now. Just invest a portion of your investment now and keep investing as long as the price keeps on dropping. Once it starts to get back up, stop investing and hold on for a time until you reach your profit threshold level - sell it.

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November 10, 2017, 07:57:11 PM
 #11

Should I buy BTC on 6500, or wait to possibly go even lower?
This is an age old question, the nature of bitcoin dictates that it could be up or down at any time, the question you need to ask yourself is can I afford to lose whatever I put in, nobody should be putting money into bitcoin that they need, worst case scenario is that bitcoin goes way down and you lose your investment.

I don't mean to scare anyone but this should be in mind when investing in anything, bitcoin has been on a tremendous ride recently but will this continue? who knows.

To answer your question, yes now is a good time to invest as long as you can afford it.

Very nice answer to your question.

Actually no one wants to give suggestions regarding buying/investing in crypto at a price someone asks to know. Even if a person has good ability in prediction.

Lets say, if someone suggested you to buy @ $6500 today and tomorrow the price falls to $5500 maybe below this.
Will you spare the guy who suggested you to buy and will you digest the loss?

The main thing is,
Invest what you can afford to lose.
Invest if you have the ability to hodl long term < this ability can gain you much more hopefully.
n00bsaibot (OP)
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November 10, 2017, 08:01:32 PM
 #12

Should I buy BTC on 6500, or wait to possibly go even lower?
This is an age old question, the nature of bitcoin dictates that it could be up or down at any time, the question you need to ask yourself is can I afford to lose whatever I put in, nobody should be putting money into bitcoin that they need, worst case scenario is that bitcoin goes way down and you lose your investment.

I don't mean to scare anyone but this should be in mind when investing in anything, bitcoin has been on a tremendous ride recently but will this continue? who knows.

To answer your question, yes now is a good time to invest as long as you can afford it.

Very nice answer to your question.

Actually no one wants to give suggestions regarding buying/investing in crypto at a price someone asks to know. Even if a person has good ability in prediction.

Lets say, if someone suggested you to buy @ $6500 today and tomorrow the price falls to $5500 maybe below this.
Will you spare the guy who suggested you to buy and will you digest the loss?

The main thing is,
Invest what you can afford to lose.
Invest if you have the ability to hodl long term < this ability can gain you much more hopefully.

Thanks for your advice and I do agree with both of you. I do not have tons of $$$ and would probably buy 0.5 btc for start
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November 10, 2017, 08:10:05 PM
 #13

But where to buy??
All indian exchanges Zebpay, unocoin are stuck @ $7600  Huh
HatakeKakashi
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November 10, 2017, 09:06:59 PM
 #14

As of now the price of bitcoin continue decreasing and this time the price is 6500 dollars and I think it's beyter ot buy bitcoin now because they have possible after few hours or days only it will recover again and back again at 7000 dollars or maybe 8k dollars this month so don't waste opportunity to buy cheap bitcoin even the price is very high even it's decrease for sure it will increase again.

 
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November 10, 2017, 09:11:43 PM
 #15

Better to act fast, we have seen trends about the price recovering in a very short span of time. If it dip a little more and you already bought some, don't worry because sooner or later you will gain profit just be patient enough and don't panic.
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November 10, 2017, 09:24:49 PM
 #16

Should I buy BTC on 6500, or wait to possibly go even lower?
Well, since the price is continuously falling, I suggest you to wait alittle more but to set a particular price. Maybe a price of 6300$, if possible, is a good one. Still, we don't know how low will it fall now that the segwit2x is cancelled as some people are saying and if it's true, I think it will affect the value of Bitcoin. Because it is expected that after the fork, the value of Bitcoin will be more expensive and now that it won't happen this month, I think it will affect the value of Bitcoin , just not sure wgether it is positive or negative.

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November 10, 2017, 09:46:48 PM
 #17

Wait for it go lower because i think that bitcoin will even drop to $5000. Bitcoin has started really bad today i thought that bitcoin would keep on going but i was wrong.

If you want to make profit you must wait i will also wait. My friends are also waiting they all thought that bitcoin would rise LOL.
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November 10, 2017, 09:52:51 PM
 #18

Wait for it go lower because i think that bitcoin will even drop to $5000. Bitcoin has started really bad today i thought that bitcoin would keep on going but i was wrong.

If you want to make profit you must wait i will also wait. My friends are also waiting they all thought that bitcoin would rise LOL.
You can laugh all you want but bitcoin is not the first time shows such somersaults. Now the coins which were on sale snap and the price will start to grow again. I think bitcoin will always be number one. But the current situation makes us think about the fact that bitcoin requires change.
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November 10, 2017, 09:57:42 PM
 #19

Should I buy BTC on 6500, or wait to possibly go even lower?
i think you can buy it at a lower price, maybe around the $6300-$6100? but at the current price i think it would be safe to buy. If you want to be sure that you won't lose money, buy some coins right now, then wait to see if it keeps going down this weekend and then buy some more. Don't miss this chance, might be the last one you're going to have to buy lower than 7k which could be the new floor until we hit a new ATH.

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November 10, 2017, 10:01:33 PM
 #20

Should I buy BTC on 6500, or wait to possibly go even lower?
Yes go buy now at $6,500 cos' it won't go lower than that. Don't be too greedy, just like the saying that
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Fearful when others are greedy and greedy when others are fearful
so many are greedy right now because they don't want to see the price get lower so they keep on selling. And many are also scared of buying because they don't think the price will go up immediately.

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