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Author Topic: Hi friends. I need advice....  (Read 932 times)
bluehodl (OP)
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December 05, 2017, 09:07:12 PM
 #1

Hi friends. I need advice.... Do you thing is good moment today for buy BTC and then buy LTC? Or I should wait? Thank you for your inputs!
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December 05, 2017, 09:14:49 PM
 #2

Dude, this is a bitcoin forum full of people who are so bullish on btc (and desperate for it), that you're not going to get any answers that are useful.   Everybody is going to tell you yes, including myself.   I think despite it being at its ATH, it's still worth buying, because the bull market isn't done by a long shot.  We'll probably go to $20k or higher by the end of 2018.  Don't come back and blame me if it doesn't, though.  It's risky as hell but it's made a lot of folks very rich.

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December 05, 2017, 09:17:36 PM
 #3

See no one's going to tell you no for buying bitcoins that includes me as well. But I would like to add that let the prices of Bitcoin go down a bit then but them and only risk the amount that you can bear if they are lost. And rather than Litecoin better buy ethereum. Ethereum has a better market cap than that of litecoin and a better community as well. So buying ethereum is better than Litecoin.
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December 05, 2017, 09:18:45 PM
 #4

Dude, this is a bitcoin forum full of people who are so bullish on btc (and desperate for it), that you're not going to get any answers that are useful.   Everybody is going to tell you yes, including myself.   I think despite it being at its ATH, it's still worth buying, because the bull market isn't done by a long shot.  We'll probably go to $20k or higher by the end of 2018.  Don't come back and blame me if it doesn't, though.  It's risky as hell but it's made a lot of folks very rich.

Agree ^^^. Consider me 1 of the rest of "everybody".

If you're worried about price plan to buy slowly, at regular intervals over time. This way you're averaging your cost basis and minimizing your risk on a single point in time price.

Litecoin is an attractive option, but Ethereum has a better business model.



And rather than Litecoin better buy ethereum. Ethereum has a better market cap than that of litecoin and a better community as well. So buying ethereum is better than Litecoin.

Market cap should not be considered an driver of a buying decision. Market cap has zero influence on how attractive a coin (or stock) is for an investment. Market cap is only a measure to compare the size value (not investment value) of to comparable assets. It could be argued that comparing Ethereum to Litecoin is comparing apples to oranges, they're both good for you, they're both delicious, but their trees don't grow in the same field.
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December 05, 2017, 09:20:52 PM
 #5

Hi friends. I need advice.... Do you thing is good moment today for buy BTC and then buy LTC? Or I should wait? Thank you for your inputs!

First, do not buy altcoins (not even ltc) if you are not sure about why you are doing it.
About buying btc I think it's always the best time, but be aware that on 10th December futures trading will start, and you will see either a big pump or a big dump

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December 05, 2017, 09:21:00 PM
 #6

Hi friends. I need advice.... Do you thing is good moment today for buy BTC and then buy LTC? Or I should wait? Thank you for your inputs!
By TA I see that this is a bull market, but in your place I would not rely on advice from this forum! no one bears responsibility for their advice, only you and your money, and in general to buy and not to bathe, for a long distance you will still win
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December 05, 2017, 09:23:18 PM
 #7

Waiting for what? That it climbs even higher? Of course this is the right time to buy some... When he's at 13K in a month, you'll be biting your fingers...
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December 05, 2017, 09:23:24 PM
 #8

First, do not buy altcoins (not even ltc) if you are not sure about why you are doing it.
About buying btc I think it's always the best time, but be aware that on 10th December futures trading will start, and you will see either a big pump or a big dump

Futures trading won't start in a big dump (of the price). These futures contracts don't trade on the blockchain so they won't influence Bitcoin's volatility. However, any firm selling futures contracts on the US market will need to own Bitcoin to cover the reserve requirements for all of their trades.
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December 05, 2017, 09:25:14 PM
 #9

First, do not buy altcoins (not even ltc) if you are not sure about why you are doing it.
About buying btc I think it's always the best time, but be aware that on 10th December futures trading will start, and you will see either a big pump or a big dump

Futures trading won't start in a big dump (of the price). These futures contracts don't trade on the blockchain so they won't influence Bitcoin's volatility. However, any firm selling futures contracts on the US market will need to own Bitcoin to cover the reserve requirements for all of their trades.

This, and the fact that price is pumping hard ultimately

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December 05, 2017, 09:28:14 PM
 #10

You are referring to all those people who are always saying "Yes! Buy right now if you want to get rick in a few months! Do it now! and more to those who are just spamming their sig

Dude, this is a bitcoin forum full of people who are so bullish on btc (and desperate for it)



If you think that it is risky to buy, then dont buy, who is telling you that you must buy? no one, in fact, you are the only one who is handling your money in your hand, so you are the only one who can decide.

Look at the charts and make your own decision, i wouldn't buy at this high, because it is very expensive. But litecoin is worth it, if you want to make x2 or x3, buy litecoin now.

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December 05, 2017, 09:36:47 PM
 #11

Dude, this is a bitcoin forum full of people who are so bullish on btc (and desperate for it), that you're not going to get any answers that are useful.   Everybody is going to tell you yes, including myself.   I think despite it being at its ATH, it's still worth buying, because the bull market isn't done by a long shot.  We'll probably go to $20k or higher by the end of 2018.  Don't come back and blame me if it doesn't, though.  It's risky as hell but it's made a lot of folks very rich.
agree you are right.

Hi friends. I need advice.... Do you thing is good moment today for buy BTC and then buy LTC? Or I should wait? Thank you for your inputs!

yep i think you should definitely  buy bitcoin right now it's never too late to get into bitcoin i strongly believe that it has more room to grow and this is only the beginning, a lot of people said that 1000/2000$ was the max price anyone would pay for bitcoin but look at bitcoin now !

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December 05, 2017, 09:45:45 PM
 #12

Hi friends. I need advice.... Do you thing is good moment today for buy BTC and then buy LTC? Or I should wait? Thank you for your inputs!
Like was said by other users, you're going to see everyone tell you to invest whether or not it looks like the market is going to continue pumping because literally everyone is bullish when it comes to Bitcoin. I am probably one of the few more conservative investors (which basically makes me a contrarian for the market because it always does the oppose it of what I say) and I would likely tell you that there's a chance it will correct and you can buy the dip then, but there are no guarantees. It's all down to your interpretation and I can't give you a good answer beyond "maybe". The market looks confident but stagnant, the bull run has calmed down and it might as well be a tossup now.
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December 05, 2017, 09:48:33 PM
 #13

It is always good time to buy BTC. And also you should keep 40% of you bank always in BTC. Another 60% you may use for trading altcoins. Hope this advice will be helpful.
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December 05, 2017, 09:49:41 PM
 #14

Hi friends. I need advice.... Do you thing is good moment today for buy BTC and then buy LTC? Or I should wait? Thank you for your inputs!
If you are not prepared well and you bought at today's price and suddenly it will be bearish tomorrow with $1,000 what would you feel? I'm just giving you a realistic situation on what's the risk that you are trying to enter. Everyone will say here that it is always the best time to buy bitcoin but you need to know the risk you are taking. But you may look on it as a future investment, buying today and will sell for the next couple of years.



 

 

 

 

 

 


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December 05, 2017, 09:49:45 PM
 #15

I would.  There are more good news out there than bad news at this current moment.

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December 05, 2017, 09:51:01 PM
 #16

Horrible advice, altcoins trading is not profitable anymore because bitcoin is going up much more faster than the other altcoins, and if you are a long term trader, you are going to lose money

it does not matters if the coin goes up by 30%, if bitcoin goes up just by 31% you are going to be in loss (in case that you invested in btc instead of alts)

It is always good time to buy BTC. And also you should keep 40% of you bank always in BTC. Another 60% you may use for trading altcoins. Hope this advice will be helpful.

The best thing that you can do, is just buy a few bitcoins, maybe 0.10, or a little bit more, you are just starting right?

The last bunch of bitcoins that i bought was at $9500 each one of them, i didn't buy anymore because i think that the price is super inflated, but i dont know, maybe i will buy a few dollars worth of bitcoin later.

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December 05, 2017, 09:56:22 PM
 #17

Yes it is always a good time to buy bitcoin. If you believe all the predictions surrounding bitcoin in which it will be 200k-1mill worth in a couple a years. If this is the best time to get the most bitcoin for your fiat, I would say no. In my opinion wait after the futures trading.
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December 05, 2017, 10:03:41 PM
 #18

Almost every person here will tell you that you should invest in Bitcoin. Trading is a lot of hassle for newcomers and I wouldn't recommend it to you. Holding Bitcoin seems to be very profitable and it is safe if you store your bitcoins properly. I would recommend you to invest in Bitcoin and then start studying about it before you invest in another altcoins. You can easily lose your all money if you don't take proper steps.
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December 05, 2017, 10:06:45 PM
 #19

Hi friends. I need advice.... Do you thing is good moment today for buy BTC and then buy LTC? Or I should wait? Thank you for your inputs!

Well, LTC is moving very slow, so if you are going to invest you should go with BTC, although you should expand your portfolio to ETH too, since it will grow up to $1500 each next year according to many experts. ETHs platform with its smart contracts is very unique and the ICOs in which you can get involved can provide you with good profit. Like for example https://angelinvestors.io/, which in my opinion is one of the best ICOs of this year. Their bonus and what they offer in their white paper in impressive.
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December 06, 2017, 04:45:33 PM
 #20

Maybe is just better ask...

Why are you investing in litecoin?

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