Dont Buy BTC Expensive, Wait.

[Tzupy]

Dont Buy BTC Expensive, Wait. Whale want to sell you Expensive BTC  now, wait and buy BTC cheaper.

That's one way to see it.
But imagine whales are finished accumulating Bitcoin and they start topump the price up to 8k. Media hops in and is fueling FOMO buying. Price rises up to 10k and you, the smart one who said buying now at 6700 would be dumb, is in the end the one who looks a fool.
You don't know what is going to happen in terms of price!! You can guess. But guessing is not knowing!
And without giving any further explanation or analysis why buying right now would be bad, is just pretty lame.

How about this analysis, justifying that buying now is risky? On the weekly chart, MACD is deep into negative and price is hugging the lower BB.
It is risky to buy BTC now, even if it's oversold, since it could drop further, below 6k$, and eventually even as low as 3k$.
If there will be a recovery, marked by strong buys, weekly MACD will cross into positive and price will move away from the lower BB.
To buy BTC, I would wait for strong buys, absolutely needed for the recovery, or the minor correction that would follow that pump.

[KorakPawon]

for the purchase may be done now, because if you see now BTC is playing down the decline, so if you have the capital and the intention may be directly to shop.

[rat03gopoh]

After bitcoin decreased $ 3k say expensive? when the price goes back up to $ 9k somebody else will say "now the right time to buy. Look! bitcoin will keep climbing and will not fall back for a long time." Oh, this is the whale's way.

[Supercrypt]

Dont Buy BTC Expensive, Wait. Whale want to sell you Expensive BTC  now, wait and buy BTC cheaper.

If you want to invest on bitcoin in long term then the current price is okay I think because it looks like the price never fall below $6000 so that little amount will not be a big problem in the future when the price will get too expensive.The downtrend may already over and we may see the price rise in the coming days so don't wait too long because the price can jump too faster while you are waiting.There was a slight upward movement in the bitcoin price yesterday so it looks like the perfect time to invest.

Yes, I actually expect that by now long term investors would have started accumulating bit by bit and keep doing so as the market keeps going lower and those who have bought at the peak, can start compensating themselves with the low market.

The interesting thing here is that no one knows what the market holds, but the fact remains that we are still in a bear trend and how low we get, is one thing we cannot know until we see it but for now, it is a good time to start getting in for the long position.

[ajochems]

Dont Buy BTC Expensive, Wait. Whale want to sell you Expensive BTC  now, wait and buy BTC cheaper.

Personally I think the price is started to reduce.This will be the biggest opportunity for the people who like to buy a Bitcoin at cheap rate.Analysis the market in depth.If the price is reduced to new lowest value don't hesitate to buy huge amount of potential bitcoin for your future.

[ayiaye]

I think, now the price of bitcoin has indeed been low. and very good for us to invest. but wait sebantar, it seems bitcoin prices will be lower than this. keep watch and wait until bitcoin prices are really cheap. do not be careless and do not rush.

[RamonBTC]

The so called reverse psychology is working sometimes and this maybe one of the best example of it.
Don’t Buy BTC expensive can also be read as BUY now Bitcoin in low price. I get it you want us to think deeper behind those word, but a clue would be needed for other members to understand it.

At this price at the mid $6000 - $7000, gonna buy more who knows that December 2017 increases have Part Two.

And I don’t want to be sitting behind the whales and big investors because I will be on the first line.

[adzino]

This is one of the most stupidest advice i have ever seen someone giving to others. No, it is not expensive. You can still afford bitcoin. It is never going to be expensive. Do keep in mind that you can buy fractions of bitcoin if you can't afford one whole bitcoin. And the more you wait, the more opportunity you are losing to join is as an early bird and take advantage of the price.

[DeadCoin]

Now the price of bitcoin is not so expensive, why we need to wait. At present the price is very low, this is the right time to invest in bitcoin and other altcoins. If you wait means you can miss this chance. Then you can buy at very expensive price. So dont do that just buy at low price and hold it for future. Surely the price will increase in future.

[JohnWick_Bitcoin]

Dont Buy BTC Expensive, Wait. Whale want to sell you Expensive BTC  now, wait and buy BTC cheaper.

yes you are right, do not buy when the price of bitcoins is very high just the same to other cryptocurrency as well, buying and selling at the right time will be making you rich.

[blockman]

Dont Buy BTC Expensive, Wait. Whale want to sell you Expensive BTC  now, wait and buy BTC cheaper.

It has been cheap for many months and yet it is not enough for you?

What is the term for your "cheaper" bitcoin? $4,000 / $3,000 / $2,000 / $1,000? The price is a good deal today and if you want others to wait it can be a chance to slip if ever bitcoin goes on high again.

[BTCdoaA]

Dont Buy BTC Expensive, Wait. Whale want to sell you Expensive BTC  now, wait and buy BTC cheaper.

That's one way to see it.
But imagine whales are finished accumulating Bitcoin and they start topump the price up to 8k. Media hops in and is fueling FOMO buying. Price rises up to 10k and you, the smart one who said buying now at 6700 would be dumb, is in the end the one who looks a fool.
You don't know what is going to happen in terms of price!! You can guess. But guessing is not knowing!
And without giving any further explanation or analysis why buying right now would be bad, is just pretty lame.

How about this analysis, justifying that buying now is risky? On the weekly chart, MACD is deep into negative and price is hugging the lower BB.
It is risky to buy BTC now, even if it's oversold, since it could drop further, below 6k$, and eventually even as low as 3k$.
If there will be a recovery, marked by strong buys, weekly MACD will cross into positive and price will move away from the lower BB.
To buy BTC, I would wait for strong buys, absolutely needed for the recovery, or the minor correction that would follow that pump.

Positive well said , buying btc now is highly risky due to most analyst chart .. i am waiting BTC to retreat back to 3k$ then start accumulation from that point down just afraid for altcoins massacre at that point. so better keep $ instead of BTC\ALTscoin .

[XCANA]

Dont Buy BTC Expensive, Wait. Whale want to sell you Expensive BTC  now, wait and buy BTC cheaper.

There is no better time to buy Bitcoin than now that its value has reached the minimum level as we all hope that very soon the upward movement of Bitcoin will start and all the other altcoins will follow suite since Bitcoin is the one that they rely on in other for them to appreciate in value.

[jaydenbox]

I don't really it is expensive now, I think it is the cheapest it will be in a long while, im actually buying at the moment, and the price is also rising.

[khaled0111]

And when do you expect it to become cheaper!!
It is not evident, Bitcoin price may start rising at any moment and then you will regret not buying before that time.
It is a long term investment, thus, baying at any rate is a good opportunity.

[olumyd]

Dont Buy BTC Expensive, Wait. Whale want to sell you Expensive BTC  now, wait and buy BTC cheaper.

Price manipulation of the market is no longer news. Going long with bitcoin seems to be the more sound action ATM.

[thefaucetrunner]

I think bitcoin is cheaper now and you May lost the next boat if you are waiting for bitcoin to fall more than were it is now.  The uptrend momentum is growing and we should expect another upwards movement from the beginning of next month like it happens last year. The whales may not even ready to trade they bitcoin were bitcoin is now.  Buying now should be the best options for any wise investors and takes profits at $10,000 should be the best trading target.

If we will base it from the last year trend, then the value right now is good to start collecting your bitcoin, many expectations and speculations that
surround us but its all about how we will interpret the term like investment, long term goals and achieving higher value for sure is what everybody
wants, maybe OP have other things in mind that's why he's willing to wait.

you do not see the current market price that is going down very drastically and for beginners who have never invested or store their assets on bitcoin instead this is the right time to buy because the price is down.

[Streamlink]

I think bitcoin is cheaper now and you May lost the next boat if you are waiting for bitcoin to fall more than were it is now.  The uptrend momentum is growing and we should expect another upwards movement from the beginning of next month like it happens last year. The whales may not even ready to trade they bitcoin were bitcoin is now.  Buying now should be the best options for any wise investors and takes profits at $10,000 should be the best trading target.

Main problem in bitcoin price is that nobody can predict exactly what will happen in the coming days. Although I don’t believe in predictions but most people invest their money according to the expert predictions. The future is hidden and you cannot see it. Therefore I think it is better to buy bitcoin now besides waiting for the price to drop more. The rest is your choice.

[Rrtt]

Dont Buy BTC Expensive, Wait. Whale want to sell you Expensive BTC  now, wait and buy BTC cheaper.

We have  our own different analysis and targets so it depends whether we buy or not at this moment ,just be wise in every decision we make, dont rely others prediction,we have our own strategy so we must stick to it, just be confident of what we are doing surely theres profit waiting.

[supremnoob]

It's expensive.

Just wait one month or two, you will buy in $4000 range that will be the lowest you can get.