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Author Topic: Is this the Best Time to Buy BTC at 10k  (Read 1462 times)
hello_good_sir
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November 28, 2017, 09:19:34 AM
 #41

With BTC sooner or later within these days hitting the 10k mark (now around 9-10k) i cant help but wonder if one can buy BTC and still make a profit or should i just hold on to my ethereum and watch the market due to the fact that it can fall back

It's going to be a risky proposition, for sure.

Buying anything in the middle of so much attention is going to be risky, especially with bitcoin price being extremely volatile. I think that anything below $10000 right now is pretty much guaranteed profit you should capitalize on that.

Buying at $9900 with price going to $11k soon is a $1k+ turnaround, pure profit.

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MiladMax
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November 28, 2017, 09:26:46 AM
 #42

It's the second best time...
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November 28, 2017, 10:57:34 AM
 #43

With BTC sooner or later within these days hitting the 10k mark (now around 9-10k) i cant help but wonder if one can buy BTC and still make a profit or should i just hold on to my ethereum and watch the market due to the fact that it can fall back
Now we are standing at a position where btc has reached $10k and now it depends upon us that whether we want to buy,quit or hodl.The prices might fall down nearly but notice the growth chart and you can also speculate the pump to be more powerful in coming years.If you buy at this price and wait for long term then it would not seem expensive compared to that price.Listen to your heart and make decision because your money your choice.

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dhas
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November 28, 2017, 12:49:39 PM
 #44

With BTC sooner or later within these days hitting the 10k mark (now around 9-10k) i cant help but wonder if one can buy BTC and still make a profit or should i just hold on to my ethereum and watch the market due to the fact that it can fall back
Well i think it is not a good idea.
 Bitcoin price now is so high, that some of the investor can't afford to buy it anymore.
 How much more if it reaches $10,000.?
So for me the best time to buy bitcoin, is still when the value of it is in the lowest.
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November 28, 2017, 01:28:10 PM
 #45

No one knows what will be the price of bitcoin in the future.
It will be safer to exchange just 50% of your Ethereum into Bitcoin since Etheruem market is flourishing these days.
Some expect Bitcoin price to hit 20K during the next year while others believe that a price correction will happen soon.
If you want to invest just do not put all your eggs in one basket and invest in different altcoins.

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Rahar02
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November 28, 2017, 03:32:12 PM
Last edit: November 28, 2017, 03:45:56 PM by Rahar02
 #46

With BTC sooner or later within these days hitting the 10k mark (now around 9-10k) i cant help but wonder if one can buy BTC and still make a profit or should i just hold on to my ethereum and watch the market due to the fact that it can fall back

you'll never know if btc or other currency will rise or drop. personally, i think that it will be cheaper for a while, but you'd better read other opinions too Smiley

Indeed, we don't know for sure whether bitcoin will continue to rise or get corrected and fall below $9K again.
Consider some development and acceptance for bitcoin in some countries, especially in South Korea and CME plan to launch bitcoin futures which may attract more investors (big whales) to invest in bitcoin as well. In this case, bitcoin may continue to reach $11,000 in December.

Is this the best time to buy bitcoin? a tricky question, as the best time maybe when bitcoin was $0.03 8 years ago.
If you want to convert eth to bitcoin, hopefully, you did, as bitcoin % increases higher than ethereum in the last few days.
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November 28, 2017, 04:04:07 PM
 #47

With BTC sooner or later within these days hitting the 10k mark (now around 9-10k) i cant help but wonder if one can buy BTC and still make a profit or should i just hold on to my ethereum and watch the market due to the fact that it can fall back

I think if you have the means to, it is best to buy Bitcoins now because it was earlier predicted that Bitcoin will reach as high as $15,000. Although I am not sure if you can get a reasonable amount because surely, those who will sell their Bitcoins will rob you with whatever money you have considering how Bitcoin's price is pegged at the moment. Try to get a good deal not exceeding the value of $12,000. If you cannot find one, it will be extremely difficult to recover if its price suddenly drops.
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November 28, 2017, 04:14:11 PM
 #48

It's the second best time...

Next year the price of bitcoin will not in this rate .It will in the boat of 11000$,so this itself the best time to inverse.If it is sail in the boat of 11k or 12k ,you are going to lose of 1000_2000$.In bitcoin,don't miss the opportunity to buy it.Because at every point I had realised this.Not only me all the traders has face this.
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November 28, 2017, 04:28:05 PM
 #49

If growth continues (1000% per year), what is the difference for you to buy for 2000 $ -> 9500 $ or $ 10000 -> 100000%.
The capital increase will remain at the same level

There is approximately $25 trillion dollars worth of fiat in the world.  Right now there is $167 billion worth of Bitcoin.  Hypothetically if Bitcoin totally replaces fiat today its market capitilization would increase by 150x.  This would make 1 Bitcoin worth $1.5 million.
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November 28, 2017, 04:46:54 PM
 #50

Demand and supply - as it has been calculated above, says it's still a very good price to buy BTC, but the history says that BTC's price like dropping when reach "magic" numbers .. I'm afraid that before reaching $10k - BTC price can fall even few thousends. ..
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November 29, 2017, 12:07:25 PM
 #51

For long term - yes
For short term - no

Bitcoin is likely to crash in coming days when people will start dumping their coins and that will create panic in market so if you are looking for short term gains then better to wait for next couple of days and see how price behaves and if it falls then you can buy it at much cheaper price.
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December 01, 2017, 07:28:56 AM
 #52

Everyone expects the Bitcoin price to fall soon. I also thought that will happen when it reached $10k, but now I changed my mind. I think it's just the beginning of the bubble and we have huge growth ahead of us. So my answer is yes - it's worth buying a BTC for $ 10k
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December 01, 2017, 09:09:19 AM
 #53

Yes, it is the good time to buy the bitcoin at $10000 because the price of bitcoin is countinously increase day by day in every country. In the future the price of bitcoin may reaches to $14000 approx because the popularity and demand of bitcoin is reguraly increases by the people so it also a good time to buy the bitcoin. If you buy the bitcoin in future you will not got the more profit from the bitcointalk.
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December 01, 2017, 01:45:54 PM
 #54

Price has started to move ahead slowly now so I will not buy at current price as its too high to me and I keep on looking for short term profits so buying at this price is really risky as we may see some correction in price in coming days so will wait for the price to go below $9k and if it does then will buy some more coins at that price and if it doesn't then will hold my existing coins and wait for the right time to sell it.

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December 01, 2017, 02:00:42 PM
 #55

Everyone expects the Bitcoin price to fall soon. I also thought that will happen when it reached $10k, but now I changed my mind. I think it's just the beginning of the bubble and we have huge growth ahead of us. So my answer is yes - it's worth buying a BTC for $ 10k

People can talk as much as they want, but it seems that this market isn't going to do what they expect it to do. With Nasdaq being interested in offering Bitcoin futures, there is so much more to gain than what we have experienced already, and for that reason I will not even cash out profits at $12,000 as it was my second target. I'll just let the market play out how it wants to, and from there will see what levels I will end up securing profits at. Important is that we'll see more support build up around $10,000 which is something that slowly but surely will happen.
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December 01, 2017, 02:04:15 PM
 #56

For long term - yes
For short term - no

Bitcoin is likely to crash in coming days when people will start dumping their coins and that will create panic in market so if you are looking for short term gains then better to wait for next couple of days and see how price behaves and if it falls then you can buy it at much cheaper price.
I believe its right if you want to invest for some long time then you can do this because for short term its can give you shock some serious correction can disturb very badly you and your investment every time when its going to touch new highs we have some serious correction which is coming in next few days
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December 01, 2017, 02:06:00 PM
 #57

In fact, the best limit to buy bitcoin is when it costs below $ 10,000. quickly, bitcoin prices will surely go up quickly too. Well, these few days, I just monitor the price, and it's really interesting.
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December 01, 2017, 02:15:45 PM
 #58

In my opinion you should wait for a dip, probably to 8.5k, then buy. If you play long term, you can buy now

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December 01, 2017, 02:21:46 PM
 #59

Never late to buy bitcoin xD. Depend on your amount to investing to buy and your target with bitcoin : trading or holding. If you want buy BTC for trading, should check MACD, bollinger bands, RSI signal. If you only want hold for waiting increasing. Wait for 15-20th every month.

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December 01, 2017, 02:28:01 PM
 #60

I think this is still likely to generate profits this year, but for the long term it seems a bit confused because there is absolutely no shadow in my opinion. So take your own decision do not be too in accordance with the predictions of others. because this is very risky.

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