I have some money just waiting to buy bitcoins. Should i buy it over 7k, like it is right now, or should i wait for the next dip? Do you guys think it will even have another dip soon?
Hi Kureijibitcoin, Based on my opinion, you would never know when the dip would happen. If I were you, I would buy bitcoins now since as you can see the charts at
https://www.coinbase.com/dashboard, you could see that the price of bitcoin is on the way up. You could just invest your bitcoins now, and let it increase. Afterwards, if for some reason you find out that the "dip" would happen, just sell your btc and you could even buy more btc with that price you got. Just keep on being updated with the news in bitcoin and find out the results of segwit2x and hardforks if it would increase or decrease the value or on how it would affect the value of bitcoin.
Thanks for the reply, tinochan412.
These days, it reached way below 7k, because of the chinese pump on BCC. I was waiting, perhaps, for it to happen again, since i want to buy as low as i can. Unfortunately, my money didn't get to the exchange on time to buy at that price. Guess i'll just have to live with it and buy at the current price, which isn't too bad actually.
