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Author Topic: Would you still buy Bitcoin?  (Read 7800 times)
JohnHero (OP)
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November 17, 2017, 11:51:38 AM
 #1

Hey guys. I was asking my self "Should I buy Bitcoin now? What if it's gonna go down after I buy?". What do you think? Should I buy or wait?
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November 17, 2017, 11:54:59 AM
 #2

Of course, if you think it will increase, why not buy? Of course, it's not like buying at around the $5K level, but if it increases then you are still making money. I don't see any reason not to buy.

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November 17, 2017, 12:03:02 PM
 #3

Hey guys. I was asking my self "Should I buy Bitcoin now? What if it's gonna go down after I buy?". What do you think? Should I buy or wait?
Every body, include me, are have many thought before decide to buy bitcoin (or even altcoins), you have many tools to predict the price of bitcoin will up or down, but its just about 60% true, and 40% still depend on your luck. lol. Nobody know the price what way the price will go (except whale investors - because they run it by their own purpose), everything is just a predict.
But my advice, should wait until the next correction of bitcoin price (maybe at 6k8$) you should buy. But your money, your decision. Good luck!

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November 17, 2017, 12:09:41 PM
 #4

Everyone has to make that decision for themselves. No advice will not help you. In order to use bitcoin you need internal beliefs. Bitcoin is not just currency. Bitcoin is the ideology of building a new free society and a just economy. Therefore, each must decide for yourself alone and the price of bitcoin is irrelevant. The price is a bonus. The prize is freedom.
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November 17, 2017, 12:17:38 PM
 #5

Of course, if you think it will increase, why not buy? Of course, it's not like buying at around the $5K level, but if it increases then you are still making money. I don't see any reason not to buy.

Yea you are right.Actually, i am planning to buy a bitcoin.Today's rate is 7830 USD, is there is any chance to down the price?
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November 17, 2017, 12:19:28 PM
 #6

better wait for segwit who arrives in a few blocks before positioning himself
CodyAlfaridzi
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November 17, 2017, 12:33:21 PM
 #7

Buy now and forget it for a long time. Come back a few years later, BOOM I'm sure its value will surprise you, either in a good way or bad way Tongue Just kidding, Bitcoin most likely will going up for a few months ahead. We're in an uptrend currently and things are looking good for 2018. Lets just hope we could break $10K by next year.
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November 17, 2017, 12:38:22 PM
 #8

You can always buy bitcoin because it is a good investment. If you are worry of the price, you can cost average when buying bitcoin so you will always have the best price. That is you do not buy everything at once, but only a portion. Then if the price goes down, you buy some more. If it goes up you can choose to buy more or not.
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November 17, 2017, 12:43:39 PM
 #9

Of course, if you think it will increase, why not buy? Of course, it's not like buying at around the $5K level, but if it increases then you are still making money. I don't see any reason not to buy.

Yea you are right.Actually, i am planning to buy a bitcoin.Today's rate is 7830 USD, is there is any chance to down the price?

That's one more thing. There's definitely a chance that the price will go back down, whether or not it'd be a dip or a crash, but there's no guarantee as no one really knows with 100% certainty what will happen in the markets; unless you're like some sort of crypto-Nostradamus.

If you're planning on holding longterm, then the 7830 price point is good enough. Short term investing is a whole other topic.

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November 17, 2017, 12:45:42 PM
 #10

Hey guys. I was asking my self "Should I buy Bitcoin now? What if it's gonna go down after I buy?". What do you think? Should I buy or wait?

 Smiley Hi there JohnHero! What I would personally recommend is to wait for a while because the price is in its resistance level and could signal sudden price drop in upcoming days to its support level which could be around $6,500-7,000 due to the considerable volume movement. You could check this link https://goo.gl/B6NXeY which will show you the bitcoin USD price; the red line indicate for selling while blue indicates line for buying. However, even though you buy today, it does not mean you will not get income, just don’t sell when the price is below your buying price.  Wink
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November 17, 2017, 12:45:53 PM
 #11

Yes we will buy bitcoin. Bitcon has proven it is the best cryptocurrency for trading as well as for long term investment.  Today bitcoin price reached $7854.99. In one year bitcoin price raised almost by $7000. According to various currency experts it may touch $20000 by the end of 2018. So we will definitely go for it. Will go on buying step by step. It is always wise to buy on every fall rather to buy at once.

 
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November 17, 2017, 12:46:36 PM
 #12

i think yes i will buy bitcoins because in last four of to five days,its price moves downward and now today its moves upward.now i will believe that its moves and more and more upward,and when i ll buy it today then it will give higher returns in future.
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November 17, 2017, 12:55:44 PM
 #13

Hey guys. I was asking my self "Should I buy Bitcoin now? What if it's gonna go down after I buy?". What do you think? Should I buy or wait?
Deflations on its market value is just normal since bitcoin is volatile.in nature. I can't blame you for being worried abiut the risk involved into buying at this point. So if you want to wait for its value to fall, you are free to do so. If in that way you'll be more comfortable, you are free to wait ,in the end, that is still your money that uou are investing so you may do anything to it as you like.

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November 17, 2017, 12:56:17 PM
 #14

Do not buy now wait, and there are much better buys than bitcoin IMO
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November 17, 2017, 12:57:07 PM
 #15

When there is a chance I will buy because now the bitcoin price is rising about segwit2x but before it ever come down when I have taken moment

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November 17, 2017, 12:58:43 PM
 #16

Hey guys. I was asking my self "Should I buy Bitcoin now? What if it's gonna go down after I buy?". What do you think? Should I buy or wait?
Indeed, its market value is already expensive so investors are worried about buying at this point or to wait. But I still suggest to buy now even if the price of Bitcoin is still high, because for a long run, its market value will continuously increase, don't be afraid of the dumps because it is juat normal. As what usually happen on dumps, bitcoin is eventually recovering on every downfall of its value. So just invest and hold!

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November 17, 2017, 12:59:20 PM
 #17

Hey guys. I was asking my self "Should I buy Bitcoin now? What if it's gonna go down after I buy?". What do you think? Should I buy or wait?

Well, bitcoin is pretty volatile and the thing is no one know when will it dump.

I think it is better if you buy bitcoin when a dump happen, it is the safest time to buy bitcoin.

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November 17, 2017, 01:04:43 PM
 #18

yes of course still because bitcoin is not just a currency, but bitcoin is a good investment, and can build a people economy, the way is you do not buy everything at once, but only partially. Then if the price goes down, you buy it again, and if the price goes up you just sell it,
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November 17, 2017, 01:08:36 PM
 #19

Hey guys. I was asking my self "Should I buy Bitcoin now? What if it's gonna go down after I buy?". What do you think? Should I buy or wait?

Usually you want to wait for a dip before you buy. However, sometimes it's still a good idea to buy if you think a rally is about to break out. Do research, see what smart traders are saying on twitter for a little help. Try analyzing the charts. Personally, I think it will break 8000 and go up to 8500+ within a week. I still would rather buy Eth though, I think it has more room to make gains.
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November 17, 2017, 01:13:44 PM
 #20

Do not buy now wait, and there are much better buys than bitcoin IMO
I agree with you, it's better not to buy bitcoin now because the bitcoin price is currently very high, this is to anticipate the possibility of bitcoin price down, better buy other coins that can provide profits with relatively cheap price, Ethereum and Stellar could be choice, analyze the price movements of the coins before buying to avoid losses
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