buwaytress
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October 13, 2018, 05:13:33 PM |
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It's going to be a thought decisions for these still sitting on the fence holding their fiat wanting to get a good position in bitcoin.
They have to either keep waiting and pray that the now mythical $5.5k ish resistance line gets broken and buy the dip, or don't do so and miss the boat as the final dip could have already been played, which would lead us to a couple of months of a stable price similar to how we were at $150-300ish for months then we exploded back to ATH, and once we hit ATH, we went x10 there, so next time could be 6 figures time. Do you really want to miss that trying to time a perfect bottom? I wouldn't so I would buy now and have a strong hand.
Patience is a virtue. I think it's pretty reasonable for people to wait for signs of an uptrend before buying in. We could certainly fall out the bottom of this range and find ourselves with an opportunity to buy at half the price. To each his own. I also think we have a longer term "quiet" period ahead of us before the next bull run to all time highs. (Like 2015-2016) Well, every time the tumble happens, those fence-sitters must be counting their lucky stars for having the patience to wait. And every tumble, they're probably thinking they were wise to wait. I'm with those who think this tumble and clamber will keep continuing in spasmodic cycles, I'd been prepared even in 2017 to run the marathon, and only use 2020 as a time to take fresh considerations. So, it's likely those waiting now will keep on waiting, at least until the year's lows so far are retested. But all it takes is for one clamber to break a level, and then another to reclaim old heights, and then all those sitting on the fence jump back down to get in before it's "too late". As people've pointed out, if you believe in the long run, then it doesn't matter at all if you get in now at 6k, or at a new low of 5k. A 1k difference when Bitcoin records new ATHs? Ridiculous "savings".
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Grimjule
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October 14, 2018, 07:31:41 AM |
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It's going to be a thought decisions for these still sitting on the fence holding their fiat wanting to get a good position in bitcoin.
They have to either keep waiting and pray that the now mythical $5.5k ish resistance line gets broken and buy the dip, or don't do so and miss the boat as the final dip could have already been played, which would lead us to a couple of months of a stable price similar to how we were at $150-300ish for months then we exploded back to ATH, and once we hit ATH, we went x10 there, so next time could be 6 figures time. Do you really want to miss that trying to time a perfect bottom? I wouldn't so I would buy now and have a strong hand.
Patience is a virtue. I think it's pretty reasonable for people to wait for signs of an uptrend before buying in. We could certainly fall out the bottom of this range and find ourselves with an opportunity to buy at half the price. To each his own. I also think we have a longer term "quiet" period ahead of us before the next bull run to all time highs. (Like 2015-2016) Those are the greedy people and wouldn’t succeed what they want. The price as I see will never drop more than $6000 and they will remain wanting that $5.5 to drop and buy at this price. Hope that the price will grow from this point and only serious investors will put their money in it to make profit in the future. This is the right time to make your investment.
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South Park
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October 14, 2018, 05:31:26 PM |
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frankly, I don't really understand the problem because I'm new to bitcoin, but I'm sure that now is the right time to buy. it is very easy to get profit with current market conditions because bitcoin prices rise and fall very quickly.
Unless you are a genius when it comes to trading I do not see how you can say that is very easy to get profits in the current market conditions, it is true that the price of bitcoin and almost all altcoins can move incredibly fast in one direction or the other but that doesn't make trading any easier it makes it very hard because the movements are completely unpredictable.
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roorgelak
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October 15, 2018, 11:38:41 AM |
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If we take into account that even in summer, during a downturn, Bitcoin rose to $ 8,500, then by the end of the year, closer to the tenth anniversary of Bitcoin, its price should also rise no less than up to 10 thousand dollars.
That's one thing to consider but also, bitcoin doesn't really follow any certain trend. We're all hoping that the last quarter trend us sustained and that we'll have considerable growth the next three months but there'll be a time when the trend will be reversed. Better to just be ready for any scenario. Yes we cannot predict anything about bitcoin like we used to do in the past as this year has been far away from the predictions, Hence we cannot even believe any sort of predictions as well. I think we can only expect the market to correct itself without any eagerness of a further bull market as it looks difficult this year. Even in the past, no one has the ability to predict what the price of bitcoin would be in the short term or in the long term and all we deal with when it comes to the market is pure probability based on different signals and trend which is why the saying that trend is your best friend is always the best move to make most of the time. We are already in Q4, no one can tell exactly what will happen in the next 1 minute, but one thing is actually certain and that is the fact that however, the market will move, time and trend will tell us in the long run and all we can just do is to be patient. If we are just asking about the future price and do nothing then we will always only asking and thinking to invest or not, this is the right time or wait for more. It is the right time and don’t be panic about the future. Go ahead and make your investment today. Don’t waste your time. if the price raise today you will rub your hand with sorrow and could do nothing.
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bchain22
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October 17, 2018, 09:53:15 AM |
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Bitcoin seems to be stabilizing around $6.5-6.6k. It has been like this for the last 3 months. It doesn't seem to be the same way it has been the past 3 years. Very curious to see what is going to happen in November and December.
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hoddddler
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October 25, 2018, 07:07:47 AM |
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Bitcoin seems to be stabilizing around $6.5-6.6k. It has been like this for the last 3 months. It doesn't seem to be the same way it has been the past 3 years. Very curious to see what is going to happen in November and December.
Yes and more than a week later still around 6500 usd.. I have heard many of my friends not liking bitcoin because of the volatility. What volatility? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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bitbunnny
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October 25, 2018, 07:32:23 AM |
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frankly, I don't really understand the problem because I'm new to bitcoin, but I'm sure that now is the right time to buy. it is very easy to get profit with current market conditions because bitcoin prices rise and fall very quickly.
Unless you are a genius when it comes to trading I do not see how you can say that is very easy to get profits in the current market conditions, it is true that the price of bitcoin and almost all altcoins can move incredibly fast in one direction or the other but that doesn't make trading any easier it makes it very hard because the movements are completely unpredictable. To my opinion only very skilled and experienced traders are making decent profit now and you are right, it's not easy at all. When it comes to Bitcoin price I also don't think that now it's very convenient time for buying. Price is in current range for longer period and probably will stay so, I don't expect some biger changes until the end of the year, not in positive, nor in negative direction. But if you have extra funds invest them in Bitcoin, as far as I'm concerned it's always good decision.
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Dodoymabs
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October 25, 2018, 07:57:24 AM |
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Based from the graph presentation, our mind will surely say "yes this is the time to buy and hold". This is the hard part because everything is based on speculation and prediction. Everyone is hoping that history repeat itself but what if, it happens to be opposite,? Are we ready with it?
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thefaucetrunner
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October 25, 2018, 10:19:03 AM |
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i will highly recommend to everyone to buy at this moment, because as we know every end of year bitcoin's price are always rise. Do not waste your time thinking about another prediction, trust in your self and learn everything from the past, your experiences will guide you to do your best. Small bull will rapidly comes from November 2018 to February 2019 as usual, so do smart buy and dont be greedy.
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shield132
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October 25, 2018, 11:14:42 AM |
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Yeah, quarter 4 was always a good time, especially for last two years but even if we say nothing about it, it's still without a doubt great time to buy bitcoin. Price is stable 6000$ and do you remember what happened when price was stable 600$ ? It crossed unimaginable 1000$ and continue growing, expect the same in this situation. Bitcoin won't come below 5000-6000 and it will continue to rise, also keep in mind upcoming fork, price will really skyrocket in years, then I have no idea what will happen.
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fasdorcas
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October 26, 2018, 08:05:02 AM |
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Bitcoin seems to be stabilizing around $6.5-6.6k. It has been like this for the last 3 months. It doesn't seem to be the same way it has been the past 3 years. Very curious to see what is going to happen in November and December.
Yes and more than a week later still around 6500 usd.. I have heard many of my friends not liking bitcoin because of the volatility. What volatility? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The same volatility some people are enjoying and hoping as well as wishing it would not even stop at all. That is always the thing, rather than some people to be seeing opportunities in something and learn how they can handle it, they tend to chicken out and stay away which is why we will keep having less rich people than poor people in the world. It is not a bad time to buy if I am asked considering that a break out upward can be a bit good for anyone who is holding now, and even if we probably get a break downward, it would just be another moment to be buying up.
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futureofeth
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October 26, 2018, 08:23:26 AM |
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Honestly, it is impossible to predict the price of Bitcoin because look at the last year charts the price of Bitcoin increased very fastly which nobody didn't expect. Now people are predicting the price of Bitcoin based on the previous ATH, but there is no guarantee whether it will reach more than 20000$ in the coming days.
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nydiacaskey01
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October 26, 2018, 08:48:46 AM |
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Honestly, it is impossible to predict the price of Bitcoin because look at the last year charts the price of Bitcoin increased very fastly which nobody didn't expect. Now people are predicting the price of Bitcoin based on the previous ATH, but there is no guarantee whether it will reach more than 20000$ in the coming days.
Yes it is unpredictable indeed but by using price history or comparing the price from the past 3 years you will see that the price of Bitcoin is good on the final quarter of the year and most specially in the last month of the year. Last years price surge on the last quarter of the year according to analyst is because of the new investors from wall street. That means the investors have money unlike new investors that are just starting or just heard about Bitcoin and they wan't to try it out.
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okala
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October 26, 2018, 10:42:56 AM |
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Maybe, it might not happen this way this year as we are having many issues that related to global financial crisis. If you you look at stock it is going down and forex too and this might translated to cryptocurrencies market in some years to come. I do believe that if we are going to get any bullish it will be very little and not the way it has been in other 4q!
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GregH37
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October 27, 2018, 03:23:36 PM |
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Based from the graph presentation, our mind will surely say "yes this is the time to buy and hold". This is the hard part because everything is based on speculation and prediction. Everyone is hoping that history repeat itself but what if, it happens to be opposite,? Are we ready with it?
Well, it is a natural thing to psychology feel that the bottom has been reached, at least until it gets broken anyway. For now we have seen the $6k region holding up for a while now, and how that ends up going for the market in the long run or before the end of the year is something we will have to wait for time to tell us. There is hope and great optimism for the Q4 anyway considering that most Q4s have always been with an uptrend, but when it comes to market, I tend not to want to put so much mind in something, most especially when so many people are putting so much mind and hope in it until I see it happen.
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MarchToke
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October 27, 2018, 10:31:10 PM |
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Bitcoin is in a stable condition where its market price remain hovering in the 6,000$ mark. If a bull run is going to happen again this final quarter as expected by many, then buying bitcoin at 6,000$ is not bad at all.
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Google+
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October 28, 2018, 06:10:03 AM |
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bitcoin prices are very difficult to predict, the results of this analysis can sometimes be wrong so you should be able to remain vigilant because the price of bitcoin could suddenly rise or suddenly fall at a very basic price.
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Ridwan Fauzi
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October 28, 2018, 06:45:42 AM |
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Bitcoin seems to be stabilizing around $6.5-6.6k. It has been like this for the last 3 months. It doesn't seem to be the same way it has been the past 3 years. Very curious to see what is going to happen in November and December.
Yes and more than a week later still around 6500 usd.. I have heard many of my friends not liking bitcoin because of the volatility. What volatility? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) If you said the volatility of bitcoin prices for one week, then your friends was right. Previously the price of bitcoin had a high volatility, only a few hours have experienced a price increase of up to $1000 and had a price decrease of up to $ 1000 in one hour too. I guess they looked at this side, however now the price of bitcoin only has a stable price but I'm sure sooner or later the price of bitcoin will back to volatile.
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ELOCIN
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October 28, 2018, 10:35:04 PM |
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I believe that buying bitcoin while its market price is down is the best thing to do when you are going to invest. As what i have learn, basic fundamentals of investment should always be applied that's when you buy low and sell high.
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aqila baruroh
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October 28, 2018, 10:57:44 PM |
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I believe that buying bitcoin while its market price is down is the best thing to do when you are going to invest. As what i have learn, basic fundamentals of investment should always be applied that's when you buy low and sell high.
there are some difficulties that will be faced to implement it, for example to determine the lowest point. most people wait until the lowest point to buy, but they are too ambitious that they wait too long.
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