I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?

[timerland]

I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?

No. You can never be able to time your entry exactly right. When the price is in a particular category you should just buy without question. Don't try to wait and get a better price to buy, when the price is already quite favourable.

Right now one bitcoin is hanging around $10k-11k. This is obviously lower than the figures we saw last year, by a big margin.

Even if bitcoin continues to go down, it won't crash under $10k. So your room for profit if you decided to wait before buynig is really just less than 10%. But right now, bitcoin is initiating a new recovery that could go to way greater heights. You decide for yourself but i'd rather start accumulating now instead of later to avoid missing out on the low pricing.

[marilyn4325]

Even if bitcoin continues to go down, it won't crash under $10k.

How could you be sure of it? if e.g. Satoshi decides to cash out because he wants to buy some ponies, one for every American, it could even go down to $1k.

[crypto1010]

I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?

I have observed that the price is fluctuating between 10700 dollars and 11500 dollars with this information i think buy when it hits anything below 11000 dollars because once it charges it will rise as high as 15000 or probably register an new all time high....to wait buy now.

[gabmen]

I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?

I have observed that the price is fluctuating between 10700 dollars and 11500 dollars with this information i think buy when it hits anything below 11000 dollars because once it charges it will rise as high as 15000 or probably register an new all time high....to wait buy now.

Well there's not much of a difference between the two figures you've stated so basically, it would be best not to hesitate in buying if you're really sure you want to invest in btc. If you buy in, that means that you believe in bitcoin so it doesn't matter if it goes even lower since price will still go way up

[hisuka]

I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?

I have observed that the price is fluctuating between 10700 dollars and 11500 dollars with this information i think buy when it hits anything below 11000 dollars because once it charges it will rise as high as 15000 or probably register an new all time high....to wait buy now.

This is hard sometimes to decides whether to buy at the right price or it will goes lower. For me, it is the best time to buy because we dont know yet if it is already in the dips. But, since you are in bitcoin market it is very volatile, so buy and save for long term.

[paul00]

If you are planning to buy 1 BTC waiting for a deeper fall in the price of the coin would be advisable since your are on the expense side. Thru this you will be able to earn higher profit once the coin have rises its value. However, I can’t tell how low you must wait before investing since it will alreade be based on your monitoring.

[AGD]

If you are planning to buy 1 BTC waiting for a deeper fall in the price of the coin would be advisable since your are on the expense side. Thru this you will be able to earn higher profit once the coin have rises its value. However, I can’t tell how low you must wait before investing since it will alreade be based on your monitoring.

The world is full of people, who are waiting for a dip. I have a friend who is already waiting years for a dump to 800$. Price was about 1000$ back then...

[RejectedBanana]

By April chances are Bitcoin will be the #2 Cryptocurrency. When people figure out the lightning network works like a centralized exchange that has low security and no insurance, you may lose a lot. BTC died when Gavin left, maybe even when Satoshi left. Either way, it is ruled by greed and incompetence and is quickly becoming obsolete.

Are you sure that the Bitcoin will be crypto #2, I think it will never happen. When price of bitcoin goes down, other currencies follow, and their price is linked to the bitcoin price.

It's true that they move the way the tide moves with the moon. But if you examine the trend, Ethereum gained 10x more than  BTC last year. Ethereum has a development roadmap, a solid core team. Ethereum has secondary and third use cases, they donated 2 million to study blockchain efficiency and are responsible for about 55% of all crypto transactions. So even though Eth goes down with BTC, its gains on average are roughly 10X BTC. Eth is the true leader of the community and is under-valued.

Ethereum was hacked and hardforked once and then some idiot developer lost hundred of millions worth more in a multisig coding error, with some calling for a second hard fork to “fix” it. That’s some solid blockchain development and efficiency there. Is that $2 million they donated to prevent future fubars?

You are correct in that the Ethereum network is fantastic at facilitating untold numbers of CryptoKitties transactions. World’s most advanced smart contract platform for purchasing, wait, what? Glorified gifs?

Oh and the lead developer Vitalik defends pedophilia and child porn. And he’s buddy buddy with Putin. Totally legit personas there. Community leaders.

You can’t make this stuff up.

By the way, this is the Bitcoin forum. Alts have their own speculation forum. OP wasn’t asking for alt advice he was speculating on Bitcoin timing.

[blckhawk]

If you are planning to buy 1 BTC waiting for a deeper fall in the price of the coin would be advisable since your are on the expense side. Thru this you will be able to earn higher profit once the coin have rises its value. However, I can’t tell how low you must wait before investing since it will alreade be based on your monitoring.

Definitely yes, however we don't know when the bitcoin will fall that deep because of the reason that it is unpredictable. It is true that you will gain a tremendous profit if you buy at low price and sell it high once it rise but the problem is it is tough to predict hence, as long as it is still low you should buy now now because we don't what is going to happen and even our countermeasure isn't enough.

[Daveeoff]

Now is a good time to buy BTC in general. There might be small drops but I think it wont drop lower than $9k.

[harizen]

I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?

Save yourself from being stressed on why you didn't invested on that "day". People that will told you "yes" or "no" will just give you a more confusion.

If you afford to buy bitcoin at the current price rate and you understand the risks the moment you buy then you are good to go. No one knows what will happened on few days later, few weeks later so on...so generally it will be based on your analysis and ability to face all associated risks.

Sometimes waiting for that "right time" wreck people's plan and strategy.

[ene1980]

The world is full of people, who are waiting for a dip. I have a friend who is already waiting years for a dump to 800$. Price was about 1000$ back then...

That was the case with everyone i guess,i was excited that i was able to sell off the coins when the price hit $1290 hoping it wont breach i sold off the coins thinking to get back when the price goes below $1000 and it gave me a change but i thought of waiting further but then the rally started and there was no looking back after that,i wont advice anyone to enter at this price,look for good alt coin and plan to make a good profit rather than going for a bigger risk.

[lenoli]

i am sure btc willnot fall down to 10 000$, so its very good time to buy, soon it will start rising, you may lose max 700-800 $ but dont risk any more and buy it now.

good luck, hope you will make good profit...

[jakezyrus]

Do not wait any longer, that is the silly mistake a lot of people do and ends up not buying at all. You should buy now, because to me, the price is not that high, though it might be to you. Just go ahead and purchase it but be ready to HODL for long if you want to make your gains. As you hold, when there is another dip lower than the one we saw, do purchase more and hold both together.

you got some point and i agree that this is the problem most people have when deciding to buy and invest on cryptos but we cant expect the flow of cryptos as they sometimes increas or decrease no matter what the date or time so overall waiting is still beneficial in order for them to buy wisely.  In the case of bitcoin i think it is still going to decrease based on its current movement these days therefor i suggest to op that he must wait a little bit if he wants to buy  1 bitcoin in a bargain price.

[Choii]

I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?

Well, there's no such thing as a good or perfect timing when it comes to buy bitcoin, you need to understand the risk first before you decide to buy 1 Bitcoin, yes bitcoin had a potential to rise again but you just invest what you can afford to lose. Anyways, if you follow all suggestion for you, you're being stress, so much better you face your own risk and pick what suggestion you will help your decision.

[ajochems]

Good decision. Now the price of bitcoin is low,may be this make you to take this decision.Due to some fake news of banned in some countries, the price of bitcoin is reduced. Soon it will regain it's old value. So from my point of view, you can carry on .

[rizkyhiw]

I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?

Buy with 2 different times, I mean by buying 0.5BTC at this time and buy the rest after seeing the price back up or it actually drops from the price you buy.
If the price drops from the first purchase price, do a buyback and wait until the price goes up, you will benefit differently from it later.

[Xardasim]

In my opinion you should bought Bitcoin 1-2 days ago, because few days ago bitcoin's price was 10.000$ and for this moment price is pumped a lot.You will buy altcoins which  you can make a lot of profit. Litecoin, etherium are more potential cryptocurrency than BTC

[Kurokonobasuke]

I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?

That would be a good choice to buy and dinvest to Bitcoin. But I do suggest you not to wait for more since as wee can see, its market value is now starting to climb its way up. Youbmaylso wait fr its value to decrease more but surely it will take time since Bitcoin's market price is tangled at this moment with 10000 of market value so it is really having a rough sutuation

[eann014]

I am planning to buy 1 BTC. Do I need to wait few more days for a price fall?

Yes, I think it will go down a little bit more but you can already buy now if you really want before it is too late for you to buy. We all don't know when will bitcoin will grow again and when it will rise its price again. I think it is now a good buy today so maybe why not buy now and wait. Patient is the key to gain profit here in bitcoin.

maybe we need to calm down for a moment and waiting for the price first to see where it goes because from last night, the price shows a good line to increase and today, the green candle is shown too but it is not guaranteed for the price to still increase. there are always potential for bitcoin price to get down again and we could only wait and place an order buy but if you want to try to buy bitcoin right now, then you can make a little research to know where the price will go.

It is still the best time to buy especially if the person who wants to buy will hold it for a long term. For sure they can get profit if they buy bitcoin today. Today is the best time for those who wants to still gain profit in the future.