When to buy BTC?

[adnanabbas]

I would like to buy some coins. When do you guys think would be a good time to buy?

[MGK-]

Now. After the 1st it will shoot back to 1kish imo

[AmericanBit]

Now. After the 1st it will shoot back to 1kish imo

I concur

[bryant.coleman]

Two weeks ago, the BTC reached $480 vs the USD, which was the lowest rate for quite sometime. Right now, it is trading at $700 levels.... Either you can buy now... or wait for some time till it reaches $500.

[Aswan]

I would like to buy some coins. When do you guys think would be a good time to buy?

Whenever you have worthless paper money and find some fool who gives you BTC for it

[MatTheCat]

I would like to buy some coins. When do you guys think would be a good time to buy?

This is just about the worst place on the whole internet that you could possibly ask this question.

Look at what Bitcoin has done after both previous crashes and you will realise:

a) There is generally a large window of buy-in opportunity in a post-crash environment. No fkn need to rush whatsoever.

b) Bitcoin may not have finished crashing.

If you are a newb, WAIT until some price stability has set in and/or the trend has show clear signs of reversal. Also, you may or may not be aware of the China thing. There is a deadline on   CNY withdrawals from Chinese BTC exchanges set for 31st Jan 2014. This means that still around 40% of all Bitcoin exchange transactions are yet to be priced out the market! And the Bitcoin Nutters are yelling 1K again before the end of the week!?

[KeyserSozeMC]

I always buy at friday night, saturday morning.
Lots of people dumping then : )

[jamesc760]

SWBS

Sell Wednesday Buy Saturday

[undeadbitcoiner]

Bitcoin came all the way down to 480$ from 1300$ and waking up again, Now market is stabling its price from 500$ and to 600$+ so now dont even Wish that price will be down then 600$ so anyone who want to buy this is the rite time (My Personal Openion and according to Few Eco Journalists) By jan Bitcoin will hit its all time high price of 1300$ and by June or July Bitcoin will be rocketing to 2000$+, Dont forget that when overstock.com will start accepting BTC minimum BTC price will be 2000$+.

[undeadbitcoiner]

I would like to buy some coins. When do you guys think would be a good time to buy?

This is just about the worst place on the whole internet that you could possibly ask this question.

Look at what Bitcoin has done after both previous crashes and you will realise:

a) There is generally a large window of buy-in opportunity in a post-crash environment. No fkn need to rush whatsoever.

b) Bitcoin may not have finished crashing.

If you are a newb, WAIT until some price stability has set in and/or the trend has show clear signs of reversal. Also, you may or may not be aware of the China thing. There is a deadline on   CNY withdrawals from Chinese BTC exchanges set for 31st Jan 2014. This means that still around 40% of all Bitcoin exchange transactions are yet to be priced out the market! And the Bitcoin Nutters are yelling 1K again before the end of the week!?

+1

[GigaCoin]

I would like to buy some coins. When do you guys think would be a good time to buy?

you missed the big dip, but still btc is at an almost 50% discount from all time high.

[adnanabbas]

Thanks for all your replies guys. So I should perhaps wait till end of Jan?

[Dalmar]

Thanks for all your replies guys. So I should perhaps wait till end of Jan?

It's up to you.. but keep in mind that the Chinese Central Bank is going to put in some heavy duty restrictions starting from the Chinese New Year (31 January 2014). Price might crash again around this period, or even a bit earlier in anticipation for it.

[piramida]

divide your cash in four piles. buy with one now, so you don't miss a rally if it starts. wait several days to weeks for a better opportunity, buy with another then. repeat. don't just rush all in unless you are pretty self-confident and can hold for a year. You don't look very confident, so better average out.

[YoYa]

RSI and StochRSI can help choose entry, they ain't magic, so it can go wrong....but it's a help in making your overall decision.

[chesthing]

Bitcoin came all the way down to 480$ from 1300$ and waking up again, Now market is stabling its price from 500$ and to 600$+ so now dont even Wish that price will be down then 600$ so anyone who want to buy this is the rite time (My Personal Openion and according to Few Eco Journalists) By jan Bitcoin will hit its all time high price of 1300$ and by June or July Bitcoin will be rocketing to 2000$+, Dont forget that when overstock.com will start accepting BTC minimum BTC price will be 2000$+.

and then

I would like to buy some coins. When do you guys think would be a good time to buy?

This is just about the worst place on the whole internet that you could possibly ask this question.

Look at what Bitcoin has done after both previous crashes and you will realise:

a) There is generally a large window of buy-in opportunity in a post-crash environment. No fkn need to rush whatsoever.

b) Bitcoin may not have finished crashing.

If you are a newb, WAIT until some price stability has set in and/or the trend has show clear signs of reversal. Also, you may or may not be aware of the China thing. There is a deadline on   CNY withdrawals from Chinese BTC exchanges set for 31st Jan 2014. This means that still around 40% of all Bitcoin exchange transactions are yet to be priced out the market! And the Bitcoin Nutters are yelling 1K again before the end of the week!?

+1

Huh?

[adnanabbas]

divide your cash in four piles. buy with one now, so you don't miss a rally if it starts. wait several days to weeks for a better opportunity, buy with another then. repeat. don't just rush all in unless you are pretty self-confident and can hold for a year. You don't look very confident, so better average out.

Yes this is true, i am not confident at all. its just that we are expecting a baby sometime in july & it would be awesome to have some spare cash  

[Wilhelm]

See it as a gamble. If you have 10k savings then you can put in 1k as a lucky shot and hope for the best.
When to buy is a hard question but it actually doesn't matter since you are still considered to be an early adopter and it is money you can afford to lose.
Now would be an ok time to buy since the price has been stable for a few days/weeks. This support level will probably be the base for any fallbacks in the future and we just survived a massive sellout from China.
Truth is nobody knows if bitcoin will succeed or fail so nobody can give you good advice, it's a whole new product.

If you go long let's say hodling for three years you might see a 100x gain or you were part of the new-age tulip craze and end up with zero and a fun memory

Whatever you do don't put in money you need. If you do you will be panicselling in no time instead of hodling 

[adnanabbas]

See it as a gamble. If you have 10k savings then you can put in 1k as a lucky shot and hope for the best.
When to buy is a hard question but it actually doesn't matter since you are still considered to be an early adopter and it is money you can afford to lose.
Now would be an ok time to buy since the price has been stable for a few days/weeks. This support level will probably be the base for any fallbacks in the future and we just survived a massive sellout from China.
Truth is nobody knows if bitcoin will succeed or fail so nobody can give you good advice, it's a whole new product.

If you go long let's say hodling for three years you might see a 100x gain or you were part of the new-age tulip craze and end up with zero and a fun memory

Whatever you do don't put in money you need. If you do you will be panicselling in no time instead of hodling 

Thank you for your advice. Id say i can safely loose about 2k, without loosing too much sleep. Im only a small timer working a very average job

[flm]

I own a few already, but will be buying as soon as/if they hit near £400 UK.