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Author Topic: it's a right time to buy bitcoin or not???  (Read 647 times)
redsuncrypto (OP)
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February 08, 2018, 04:15:56 AM
 #1

bitcoin go up over 8k today after went down deeply 6k just few day ago, very good new. Is it a right time for us to invest bitcoin and wait 2,3 months when its price go up stronger. Pls share your thought. I really need some good advice Smiley Smiley Smiley
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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ShadyMash
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February 08, 2018, 05:02:08 AM
 #2

YES it is right time to buy bitcoin.because it is in a super dip.chances like this never come again.i am really sure about that.This is bitcoin cycle.nothing to panic.when the down trend is over it will go to new all time high.if you watch full chart of bitcoin you can see dips like this.But it recover with all time highs always.But you must hold tight without panic selling.holders always win.

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February 08, 2018, 05:10:17 AM
 #3

you always want to buy in the dip while the price is still low or if you were late you want to jump in while the price is rising and has not reached the stable higher price. and the later was the scenario that should have been followed because during the dip it was not clear when it will stop so your option was to buy during the recovery (rise).

but generally answering your question, it is always a good time to buy bitcoin. it will be higher at this current price at some point in the future so unless you are day trading, that means if you buy now you won't regret it in the long term. it is like asking if it is a good time to buy bitcoin when it is $1200 last year near the same time.

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RobertoMakeli
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February 08, 2018, 06:42:06 AM
 #4

bitcoin go up over 8k today after went down deeply 6k just few day ago, very good new. Is it a right time for us to invest bitcoin and wait 2,3 months when its price go up stronger. Pls share your thought. I really need some good advice Smiley Smiley Smiley
go go or go down is very nomal to bitcoin, never too late for buying bitcoin. Buy and wait, be patient, you'll see good result. good luck
Nilupulie
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February 08, 2018, 07:17:21 AM
 #5

Yes. Thats true. This is the exact time we should buy bitcoins. Most of the people do not have clear idea about this bitcoin dip and they try to sell everything without holding. But it is always advisable to buy more bitcoins instead of sell. If we closely monitor through past bitcoin chart we can see there are few incidents like this and this is very important to keep the market in a very stable manner.
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February 08, 2018, 07:34:59 AM
 #6

bitcoin go up over 8k today after went down deeply 6k just few day ago, very good new. Is it a right time for us to invest bitcoin and wait 2,3 months when its price go up stronger. Pls share your thought. I really need some good advice Smiley Smiley Smiley

If you'll wait after 2-3 months and wait for the price to go up. Then you'll not getting any profit, if you're in for the profit then now is the right time for you to buy BTC.
appleyard
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February 08, 2018, 07:43:03 AM
 #7

bitcoin go up over 8k today after went down deeply 6k just few day ago, very good new. Is it a right time for us to invest bitcoin and wait 2,3 months when its price go up stronger. Pls share your thought. I really need some good advice Smiley Smiley Smiley

You already missed the big dip it decrease for more than 70% and the price is like lower than 6.5k, but yes this is the right time to buy but do not bought a all your funds in just one purchase, you should split them in different price marks. its up to you if you feel that the bitcoin will rise and never go down in a couple of months you should go all in.

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February 08, 2018, 07:48:45 AM
 #8

On my opinion, bitcoin may have a downtrend once more time,
on that time, you can buy it because it may be the lowest price on bitcoin in this year.
samcun
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February 08, 2018, 07:54:59 AM
 #9

bitcoin go up over 8k today after went down deeply 6k just few day ago, very good new. Is it a right time for us to invest bitcoin and wait 2,3 months when its price go up stronger. Pls share your thought. I really need some good advice Smiley Smiley Smiley

If you'll wait after 2-3 months and wait for the price to go up. Then you'll not getting any profit, if you're in for the profit then now is the right time for you to buy BTC.
I really agree with your opinion now is the right time to invest our money into bitcoin.

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Rolf Walker
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February 09, 2018, 07:26:59 AM
 #10

As with any market, nothing is for sure.
Throughout its history, Bitcoin has generally increased in value at a very fast pace, followed by a slow, steady downfall until it stabilizes.
Use tools like Bitcoin Wisdom or Cryptowatch to analyze charts and understand Bitcoin’s price history.
Bitcoin is global and not affected by any single country’s financial situation or stability.
For example, speculation about the Chinese Yuan devaluating has, in the past, caused more demand from China, which also pulled up the exchange rate on U.S. and Europe based exchanges.
Global chaos is generally seen as beneficial to Bitcoin’s price since Bitcoin is apolitical and sits outside the control or influence of any particulate government.
When thinking about how economics and politics will affect Bitcoin’s price, it’s important to think on a global scale and not just about what’s happening in a single country.
francedeni
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February 09, 2018, 07:29:29 AM
 #11

On my opinion, bitcoin may have a downtrend once more time,
on that time, you can buy it because it may be the lowest price on bitcoin in this year.
Well for me bitcoin is the best time to buy it is still downtrend for now. And we can grab this chance to invest since we dont know yet when it will recover. Why not pick this moment to invest some bitcoin and hold.
Harri Wolter
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February 09, 2018, 07:32:21 AM
 #12

It’s important to understand how Bitcoin works before investing any money.

Bitcoin is still new and it can take months to understand the true impact Bitcoin can have on the world.
Take some time to understand Bitcoin, how it works, how to secure bitcoins, and about how Bitcoin differs from fiat money.
Hudadahuda2018
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February 09, 2018, 07:36:40 AM
 #13

bitcoin go up over 8k today after went down deeply 6k just few day ago, very good new. Is it a right time for us to invest bitcoin and wait 2,3 months when its price go up stronger. Pls share your thought. I really need some good advice Smiley Smiley Smiley
If investing then wait when bitcoin starts to rise in price but when you invest in a rising price then you will automatically earn a double income, but if you invest in when prices rise at that price down again it should be set just in the sense of not sold first though the price down but you have to wait for the right time when the price starts up again, that new you can take it.
iyanfoursix46
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February 09, 2018, 07:48:16 AM
 #14

Yeah right, there's always a good time to buy bitcoin, It's a great time to buy bitcoin. but the time to buy the bitcoin back then was $ 1200 last year around the same time.
google98
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February 09, 2018, 07:55:06 AM
 #15

bitcoin go up over 8k today after went down deeply 6k just few day ago, very good new. Is it a right time for us to invest bitcoin and wait 2,3 months when its price go up stronger. Pls share your thought. I really need some good advice Smiley Smiley Smiley

In my opinion, when BTC reached 6K, it was the perfect time to buy.
But now it is still a good investment. My answer is yes - it's a good time to buy BTC.
Good luck  Smiley  Smiley

BrianBrianBrian
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February 09, 2018, 07:58:01 AM
 #16

For me yes, buying bitcoin while its prices were low is a smart move.
You can hold those coins until the price goes up again.
Yet like I always say, everything is a risk when it comes to cryptocurrency.
Still depends on you if you are willing to gamble.  Smiley

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inanora
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February 09, 2018, 08:00:13 AM
 #17

bitcoin go up over 8k today after went down deeply 6k just few day ago, very good new. Is it a right time for us to invest bitcoin and wait 2,3 months when its price go up stronger. Pls share your thought. I really need some good advice Smiley Smiley Smiley

Now that prices are so low, what are you waiting for. This is the best time to buy Bitcoins, buy as much as you can.
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February 09, 2018, 08:01:20 AM
 #18

you either buy, ignoring all the ups and downs and all the drama because you believe in bitcoin in long term.
or
you wait for the bottom and buy as soon as you see a huge % dropped like the 60% drop that bitcoin had or wait for the recovery to show some signs like when the price started jumping up to $6500 from bottom and you jump in too.

so choose which one of these approaches you want to use. if it is the first one then buy now. if it is the second one, you are too late. right now the strategy is to wait and see where things go. if there was a dip to $6k again jump in, if there was a rise to $9k then jump in.

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February 09, 2018, 08:02:03 AM
 #19

bitcoin go up over 8k today after went down deeply 6k just few day ago, very good new. Is it a right time for us to invest bitcoin and wait 2,3 months when its price go up stronger. Pls share your thought. I really need some good advice Smiley Smiley Smiley
It's a good time to invest to bitcoin and don't just hold it for 2-3 months but if your choice is like then you can. Did you know that bitcoin went $19,000 last time? The logic is there's a possibility that bitcoin can go back at that price so for the current price of bitcoin which is $8,000 you will earn enough when it reaches back to $19,000. Although you can also sell when it reaches $10,000 and so forth.

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February 09, 2018, 08:02:44 AM
 #20

Bitcoin has reached its final dip prior to the Chinese New year and that was the best time, its 3 days ago. Nevertheless, its not yet too late to buy some because it's price has started to take off and fly again.

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