Bitinity
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January 10, 2018, 06:21:16 AM |
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Hi! ☺️ I just want to ask when to buy or sell bitcoin? I don't want to lose money.. I mean we can't avoid to lose if we're just beginner but atleast we can find ways to prevent it right?
almost the same as you, i still have the fear of losing to start trading in bitcoin. I am afraid my money is gone. because many say never invest anything that I am afraid to lose It is understandable for new trader to feel like that, I did feel the same as well when I was trading at the first time. You should try to overcome your fear by spending small amount that you can afford to lose only. Otherwise, if you cant overcome your fear then you will never start your first trading. Losing money is part of trading activity, you will experience it sooner or later and it will make you to be able to analyze how to trade better. You should take a losing time as a good teacher/knowledge.
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Ridwan Fauzi
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January 10, 2018, 07:57:29 AM |
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The concept of life is like that, everyone doesn't want to take a risk to get something that he wants. Even though failure is created for us more carefully in making decisions because he will try to hard for learn a thing that he chooses.
Back on topic, Up to the present bitcoin price is very volatile. So you can buy it when the price goes down. And now the choice is, do you buy bitcoin for an investment or for trading? If for an investment you can hodl your bitcoin for a long term or for short term investment to get a profit. But if for trading, you buy bitcoin because you were expected the next few days bitcoin price will go up, so you can sell it when the price goes up.
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h0lybyte
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January 10, 2018, 08:46:39 AM |
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It all works on the basis of market price and the most important requirement is to have patience while holding or trading your bitcoins. A week before bitcoin price was $16500 and probably $13500 now, i think it is better time to buy right now because it can take turn anytime. Hold until it reaches $20k and then you will earn a decent profit out of your investment
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BrixtonCF
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January 10, 2018, 09:01:25 AM |
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The question is very interesting, like you want to invest but do not want to lose. I think this will never happen because the only loss is to give you more experience to make the right decision. The current Bitcoin rates are down to $ 13,000, which is a good investment if you want to invest Bitcoin in the long run as it predicts that by the end of 2018 Bitcoin will reach $ 100,000.
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Silvermist
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January 10, 2018, 09:03:00 AM |
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The best time to buy Bitcoin of course is when it has a lower price. Because thats the time that you have a greater chance to earn when the price of bitcoins gets high and you could get a greater profit.
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TheUltraElite
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January 10, 2018, 09:05:49 AM |
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The best time to buy Bitcoin of course is when it has a lower price. Because thats the time that you have a greater chance to earn when the price of bitcoins gets high and you could get a greater profit.
I think every trader who has some basic idea in how to make profits in trading have know about the age-old buy low sell high phrase. But the question is when should you buy? Bitcoin is rallying between 13k USD and 15k USD and it does not seem to drop below that lower level. I would suggest people to buy at this price whatever you can if you are desperate to get into bitcoin. Because in future even this price may not be available. I expect bitcoin to cross 20k USD later this year which will follow an obvious dump and then a pump - but after that the next price rally is possible beyond 20k USD.
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ErvinWalters
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January 10, 2018, 09:07:11 AM |
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I agree - the lowest price is the best time.
Though with the predictions we have now, maybe the best time to buy BTC is right now, for it can go up very soon. So it's a good investment anyway, and it's better stop biding your time and invest, before it's too late.
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hitrawal91
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January 10, 2018, 09:10:12 AM |
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Hi! ☺️ I just want to ask when to buy or sell bitcoin? I don't want to lose money.. I mean we can't avoid to lose if we're just beginner but atleast we can find ways to prevent it right?
In order to predict the bitcoins movement or if you want to know when you should be buying the bitcoin then I would advise you to better learn the trading skills and practice the trading skills from your side otherwise you better follow some trading expert who will be sharing some insights about when to buy the bitcoin. The best time to buy the bitcoin is when it is cheaper in the uptrend and hold it right from the correction till the rally ends in that particular swing of the uptrend. This is how I buy the bitcoin and hold it for the long-term investment.
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13abyknight
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January 10, 2018, 09:50:59 AM |
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As long as you're in for the long haul, it is always the right time to buy Bitcoin and hold. Statistics from over the years will clearly show you the enormous growth of Bitcoin and this seems to be a continuing trend. If you're trying to day trade, look at the period where Bitcoin seems to be dropping off for that day and make a buy when you think the time is right. This can't guarantee profit as it is risky in itself but learning comes with experience and getting a rough idea of the market trend always helps.
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soenaderecho10
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January 10, 2018, 09:53:33 AM |
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Hi! ☺️ I just want to ask when to buy or sell bitcoin? I don't want to lose money.. I mean we can't avoid to lose if we're just beginner but atleast we can find ways to prevent it right?
In order to predict the bitcoins movement or if you want to know when you should be buying the bitcoin then I would advise you to better learn the trading skills and practice the trading skills from your side otherwise you better follow some trading expert who will be sharing some insights about when to buy the bitcoin. The best time to buy the bitcoin is when it is cheaper in the uptrend and hold it right from the correction till the rally ends in that particular swing of the uptrend. This is how I buy the bitcoin and hold it for the long-term investment. For me every day can be buy a bitcoin or sell it and the important of selling or buying a bitcoin is choice the right time and monitoring the prices of bitcoin and if the bitcoin will down the pricing that time to buy bitcoin because the bitcoin is not so expensive that way if the bitcoin will up im sure you can get a good profit.for me the lose of money to buy a bitcoin it depends of you what is your trategy to invest if you like a good profit you think it and patience how to get great profit without losses of money.
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TeamUp
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January 10, 2018, 10:11:38 AM |
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Hi! ☺️ I just want to ask when to buy or sell bitcoin? I don't want to lose money.. I mean we can't avoid to lose if we're just beginner but atleast we can find ways to prevent it right?
Dont invest money you cant afford to lose, because the price of bitcoin is very unpredictable
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Babebottle
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January 10, 2018, 10:44:07 AM |
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You will never what the price would be, so i suggert you buy a little at the start then do some trading to figure out if you are good at this or not.
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darkywis
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January 10, 2018, 11:11:52 AM |
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Buy when you see the price is low and sell when its high but its really hard to know. But if your plan is just to invest and HODL, then buy anytime and hold it for long term because bitcoin eventually rise through the years.
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richkellj
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January 10, 2018, 11:56:38 AM |
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Hi! ☺️ I just want to ask when to buy or sell bitcoin? I don't want to lose money.. I mean we can't avoid to lose if we're just beginner but atleast we can find ways to prevent it right?
If you have Bitcoin in your wallet now, I would advise you not to sell it and wait for sometime, cause from the way I’m seeing things, bitcoin's price might increase like it did in 2017. But we need to have a little bit patience and see if that’s right, if not, then you have no other option than to sell it and gain profit.
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DanielCrypto
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January 10, 2018, 08:20:22 PM |
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I think that now is the time to buy bitcoin. I mean the entrance for 1-2 years. If you expect to keep bitcoin less time, then you need to wait and build on the further movement of the price (see the price after leaving the channel).
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danherbias07
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January 10, 2018, 08:48:14 PM |
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You can prevent it by not buying. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It is a risk my friend. If you are really willing to make a lot of profit then take it. At the end it will be your choice. Anything we say here will not matter. Of course you will lose some of it if it really happens. Hell, many of us here have loss lots of money just so we could also profit.
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Aldavetheboss
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January 10, 2018, 08:58:27 PM |
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A good entry point into bitcoin would be under 10000. That would mean a sharp correction, which will give you room to run. Otherwise, just buy and hold it right now.
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zeaderza
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January 12, 2018, 05:49:23 AM |
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Hi! ☺️ I just want to ask when to buy or sell bitcoin? I don't want to lose money.. I mean we can't avoid to lose if we're just beginner but atleast we can find ways to prevent it right?
Yes prevention is always better than treatment, some wise person just said this. Actually trading is all about taking decisions at right time, with right measurements only then your decisions can lead you to a better result. Buying at the moment when prices are totally low, low as possible. Go for the selling only when you see the prices are going much higher, these are best times.
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BariaczRoni
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January 12, 2018, 08:19:01 AM |
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A good entry point into bitcoin would be under 10000. That would mean a sharp correction, which will give you room to run. Otherwise, just buy and hold it right now.
I dont think bitcoin will drop to 10000, 11500$ have power full support and hard to break it. The good enter point for bitcoin is 12000$, if you miss this level then you have to buy bitcoin with higher price soon.
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Shenzou
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January 12, 2018, 08:27:22 AM |
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Hi! ☺️ I just want to ask when to buy or sell bitcoin? I don't want to lose money.. I mean we can't avoid to lose if we're just beginner but atleast we can find ways to prevent it right?
First bitcoin trading right now is in a oretty bad spot, where the prices are starting to flacuate and that could lead to great lose especilay with the transactions taking so long to get confirmed making echanges really difficult where every second loses us and makes us moeny, so right now the price is about 13k and people asy that it is going to go down, so the best option right now is to wait a few days to see if it goes down, if not than you should buy than, and jsut hold.
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