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Author Topic: Bitcoin had a drop recently, that means is a good time to buy some?  (Read 435 times)
nodelover
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February 26, 2018, 02:57:27 AM
 #21

yes as long as you think you can make a profit because if bitcoin goes down we expect that it will also go up! today is the right time not tomorrow Smiley

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February 26, 2018, 03:53:25 AM
 #22

Only few new comers will attept to try and buy the dip everytime there’s a correction/crash in fears that they will lose eventually. Others are also busy panic selling their bitcoin and their crypto assets. It’s time to buy the dip now and HODL.

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February 26, 2018, 04:01:48 AM
Merited by di.ako.toh (1)
 #23

I am a new user of this, still learning on how it works and not sure how to start buying.

Now, just after the drop, will be a good time?

Yes when the price of bitcoin was low it is the prefect time to buy, and wait till the price goes up,  but still it is depend on your judgement, if you feel that the price of bitcoin was perfect for you to buy then go, and when you feel that it is the right time to sell your coin which can give you a chance to earn then sell it.

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February 26, 2018, 07:32:23 AM
 #24

I am a new user of this, still learning on how it works and not sure how to start buying.

Now, just after the drop, will be a good time?

Better time to buy than $12k for sure, since you have the benefit of hindsight.

I can see bitcoin floating around $9k-10k for a while before reentering the $10k level. After $10k is hit the growth should actually accelerate and the recovery could easily take bitcoin to the starting price of the year, which is around $14k which we haven't seen since early january.

Ultimately, it depends on you. If you feel like you have the financial ability to buy some more and is willing to take the risk, then go ahead and do it. Nothing is guaranteed or black and white when it comes to btc speculation though.

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February 26, 2018, 09:26:38 AM
 #25

I am a new user of this, still learning on how it works and not sure how to start buying.

Now, just after the drop, will be a good time?

Expect some panic dumps after bitcoin price continues to stay under $10k.

Buying some now isn't really about what the price is. It's more about what your personal strategy is.

I would recommend doing some dollar cost averaging when buying coins, aka buying in equal chunks regardless of the price, as long as the price is below $9-10k. That way, you're not getting the best deal, but at least you're not getting the worst either. It's a good strategy to start buying coins for the long term.

If you're speculating short term, buy when prices drop to $8-8.5k and buy there, wait for the recovery back up to $10k+ and go from there. Just my opinion though.
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February 26, 2018, 12:13:36 PM
Last edit: February 26, 2018, 12:52:42 PM by Ararbermas
 #26

I am a new user of this, still learning on how it works and not sure how to start buying.

Now, just after the drop, will be a good time?
if you want to buy make sure you can buy what amount you can afford to lose because investing in bitcoin is very risky  due to the fluctuation that always happen nowadays,  and besides  your a newbie  for sure you have not enough knowledge about doing investment,  so i suggest to read some blog or tutorial to gain more knowledge on how to buy in a right time and how to prevent loses in doing investment. And for sure you can make your own strategy also from it .
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February 26, 2018, 05:07:13 PM
 #27

I am a new user of this, still learning on how it works and not sure how to start buying.

Now, just after the drop, will be a good time?
if you want to buy make sure you can buy what amount you can afford to lose because investing in bitcoin is very risky  due to the fluctuation that always happen nowadays,  and besides  your a newbie  for sure you have not enough knowledge about doing investment,  so i suggest to read some blog or tutorial to gain more knowledge on how to buy in a right time and how to prevent loses in doing investment. And for sure you can make your own strategy also from it .
yeah this time is good for buying and more of it take loans and invest into bitcoin because bitcoin will keep on getting higher node values in coming days so these are the golden chances avail them all and gather enough for the rest of life,
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February 26, 2018, 05:36:00 PM
 #28

I am a new user of this, still learning on how it works and not sure how to start buying.

Now, just after the drop, will be a good time?
Bitcoin, just like other part of investment is good to invest when the price is low and sell when the price is high. now provide the best time for you to invest in bitcoin and other cryptocurrencies. It take a good understanding for one to actually buy when the price is low.
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February 26, 2018, 05:53:20 PM
 #29

I am a new user of this, still learning on how it works and not sure how to start buying.

Now, just after the drop, will be a good time?

Numerous speculations; positive and negative, will give you lots of options on what to do and eventually it will lead you into confusions. What you must understand is the risks once you bought bitcoin and not the proper time. Anytime "can be" a good time and for others there are lots of considerations before they will buy.

If you plan to hold bitcoin for long term purposes then you don't have to worry (at least) on the price rate. If you have the guts to face the risks then do the buying. If not, then just refrain at the moment.

No one knows what will happened. Maybe tomorrow, it will crash, maybe it will pump hard etc etc.

Your decision...

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amandavqm (OP)
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February 27, 2018, 02:15:17 AM
 #30

Thank you all, I've been reading you but not finished yet...

Trying to understand what you're saying can't help to compare the situation with Venezuela. Right now , there is no cash, no Bs anywhere. Dollar market is ruled by Dolar Today an instagram account that determines the price and according to that other people sell/buy. When is low, a lot of people looks to buy some in order to get a good price and if it goes up, people will hold on buying but trying to sell as soon as possible.

Is this a fair comparison? Has been going down slowly in the past last week and a half.
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February 27, 2018, 06:13:46 AM
 #31

This is a good time to buy when bitcoin prices fall like this, do not hesitate to buy bitcoin because I'm sure that by the end of 2018 bitcoin will surge in price and that's what we want.
Waiting for a perfect moment for a long term investor is what has made a lot of people to miss a good buying opportunity. I always tell people that as long as you do not know when to buy, just buy in as much as you are not buying into fomo and you are buying at dip. This period is good, and you can even decide to play with some margin by buying in bit by bit until you decide to go fully in once the trend of the market changes.

If you are planning to be a long term holder, you are still in a very good buy zone and you have nothing to worry about. You are still better than buying at the top anyway. We are still in a downtrend channel, and you are still buying at the dip, so you should be fine in the long run, the most important thing is to buying, forget about whatever is happening with the market and come back probably in a year's time.
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February 27, 2018, 09:46:06 AM
 #32

When prices go down it's a good time to buy something, and when bitcoin falls in price I try not to miss it and have time to buy
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February 27, 2018, 10:33:27 AM
 #33

I am a new user of this, still learning on how it works and not sure how to start buying.

Now, just after the drop, will be a good time?
buying crypto without knowledge is not safe , you should learn more first to avoid  buying coin that has no potential to grow ,'cause there are some shitcoin nowadays if you don't know about that. So for the sake of your capital make some research and learn more about the market to gain more information when is the good time to buy and how to prevent loses in doing different ways in crypto
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February 27, 2018, 01:48:05 PM
 #34

I am a new user of this, still learning on how it works and not sure how to start buying.

Now, just after the drop, will be a good time?
buying crypto without knowledge is not safe , you should learn more first to avoid  buying coin that has no potential to grow ,'cause there are some shitcoin nowadays if you don't know about that. So for the sake of your capital make some research and learn more about the market to gain more information when is the good time to buy and how to prevent loses in doing different ways in crypto

Of course, he must do some research and read about investing. But I think he could buy some cheap coins with potential for growth, to see how the market works. Possible losses will be small, and he will learn a lot about trading.

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biboy
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February 27, 2018, 04:23:47 PM
 #35

I am a new user of this, still learning on how it works and not sure how to start buying.

Now, just after the drop, will be a good time?
buying crypto without knowledge is not safe , you should learn more first to avoid  buying coin that has no potential to grow ,'cause there are some shitcoin nowadays if you don't know about that. So for the sake of your capital make some research and learn more about the market to gain more information when is the good time to buy and how to prevent loses in doing different ways in crypto

Of course, he must do some research and read about investing. But I think he could buy some cheap coins with potential for growth, to see how the market works. Possible losses will be small, and he will learn a lot about trading.
Yes, since having enough knowledge will lead you to success here although you are just only buying in a small amount it does not matter since that small amount can be a huge amount of bitcoin some day so do not hesitate guys so that we cannot regret things in the future.
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February 27, 2018, 05:44:39 PM
 #36

The recent drop that happened is a good time to accumulate and buy BTC at a discounted price. If you understand the cycle in trading BTC, you would be able to decide for yourself a good buying point and take profit once your own goal has been achieved.
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February 28, 2018, 12:25:12 AM
 #37

When this happens it's really the best time to buy it, because it gives a very big benefit in the financial plan
anavir
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February 28, 2018, 12:33:23 AM
 #38

for me yes...it is a good tine to buy bitcoin now because it has low price without worrying that it will not bounce back because due to high demands,most probably their is a big possibility also that it will increase the price...in a business it is always the rules..more demands the high the price is and no demands the cheaper the price is.

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February 28, 2018, 03:55:59 AM
 #39

traders' traditions are buying when the price falls, if you are still learning I suggest you do not invest in a single coin. you can invest your money in altcoin like Eth, xrp, litecoin and others. these coins are very profitable also if invested and its potential is very good especially Eth that can be called a child of bitcoin. if you want to get success from the current situation, you have to take action, do not regret it at the end of the show. Kiss
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February 28, 2018, 04:08:34 AM
 #40

yes this is the right time to buy. the price now shows in the figure $ 10,340 in my opinion if many investors buy at the current price, I am sure that they will get a double benefit in the future.
indeed the price is still still heartbreaking, but this is still fairly normal. I am also still considering this situation, whether I should buy or not? his problem i am still considering his capital haha ​​i want to buy bitcoin and some other coins as well.
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