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Author Topic: Is this the correct time to purchase bitcoins and al-crypto?  (Read 2677 times)
lordquanta (OP)
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October 09, 2018, 05:01:35 AM
 #1

Very few of us have seen first rise and nose-dive of bitcoin. Then came the tremendous growth report of bitcoin which forced the world to take bitcoin and alt-coin seriously. This tremendous growth soon started to get correctly. That is from 16000 USD to ~6200 USD correction has happened so far. As as of now the prices have remained stable about 6000 USD.

Do you think this the better time to go for bitcoin purchase spree again? As from the bitcoin price history bitcoin has shown tendency to spike periodically.
Considering the bitcoin  novelty has worn off across the glob, Now there is sufficient awareness about the bitcoin and crypto. what could be the driving factors If yes then what could be the driving factors for the growth? As previous factors may be less significant this time.
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October 09, 2018, 06:23:22 AM
 #2

I do not understand why everyone is panicking. The only losers are the ones who believed Bitcoin will never rise again. From few pennies to Mt. Gox's tragedy to the fall from $600 to $200 and so on. Those who sold at deap are crying tears.

lordquanta (OP)
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October 09, 2018, 06:34:35 AM
 #3

I do not understand why everyone is panicking. The only losers are the ones who believed Bitcoin will never rise again. From few pennies to Mt. Gox's tragedy to the fall from $600 to $200 and so on. Those who sold at deap are crying tears.
Correct! From any seasoned bitcoin player, this is in fact the better time to go on buying step by step. prices are stable and correction has happened. The only direction we could expect is upward.
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October 09, 2018, 06:38:40 AM
 #4

The purchase bitcoin and others cryptocurrencies at this time of bearish market is the right thing to do however some speculators are still saying that the current prices is still not the bottom.  We are to make the investment's decision with risk in mind because the price may go down further.
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October 09, 2018, 12:11:29 PM
 #5

That is the million bitcoin quetion. The argument in favour is that most coins are very far away from their ATH, and you at least know that there is known territory ahead if these "choose" to rise.

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October 09, 2018, 01:35:59 PM
 #6

Yes, you are right. This is the best time to purchase bitcoins and altcoin.
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October 09, 2018, 02:11:22 PM
 #7

Yes, you are right. This is the best time to purchase bitcoins and altcoin.

   Yes, this is a good time to buy Crypto and ALT coins in the market. But should learn and gather all possible information about all about the Crypto and ALT coin. one should learn the market, on what specific coins is the best with clear fundamentals, market structures, consumers level of confidence. above all, one should take note the timing before investing.

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October 09, 2018, 04:50:48 PM
 #8

Very few of us have seen first rise and nose-dive of bitcoin. Then came the tremendous growth report of bitcoin which forced the world to take bitcoin and alt-coin seriously. This tremendous growth soon started to get correctly. That is from 16000 USD to ~6200 USD correction has happened so far. As as of now the prices have remained stable about 6000 USD.

Do you think this the better time to go for bitcoin purchase spree again? As from the bitcoin price history bitcoin has shown tendency to spike periodically.
Considering the bitcoin  novelty has worn off across the glob, Now there is sufficient awareness about the bitcoin and crypto. what could be the driving factors If yes then what could be the driving factors for the growth? As previous factors may be less significant this time.
If it is a good idea or not to invest in bitcoin right now depends entirely on one thing and one thing only, do you think that you are capable of holding your coins even if the price of bitcoin begins to go down once again? If you can do that, then investing in bitcoin is a good idea but if you can't then you should wait until bitcoin begins to go up again.



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October 09, 2018, 04:56:16 PM
 #9

Very few of us have seen first rise and nose-dive of bitcoin. Then came the tremendous growth report of bitcoin which forced the world to take bitcoin and alt-coin seriously. This tremendous growth soon started to get correctly. That is from 16000 USD to ~6200 USD correction has happened so far. As as of now the prices have remained stable about 6000 USD.

Do you think this the better time to go for bitcoin purchase spree again? As from the bitcoin price history bitcoin has shown tendency to spike periodically.
Considering the bitcoin  novelty has worn off across the glob, Now there is sufficient awareness about the bitcoin and crypto. what could be the driving factors If yes then what could be the driving factors for the growth? As previous factors may be less significant this time.
Of course, no one knows the future and cannot predict which way the market will move. However, in my opinion, the time has come for the bull market. If I thought to go into Bitcoin, I would do it now.

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October 09, 2018, 05:43:21 PM
 #10

Looking at the market the 6k bottom seems so solid and this seems to be an accumulation phase that's nearing its end. I suspect however that we might see one last bear trap before we go bullish towards the year end, still only expect 20-40% or so gains instead of 100% growth in a week.

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October 09, 2018, 06:03:32 PM
 #11

Very few of us have seen first rise and nose-dive of bitcoin. Then came the tremendous growth report of bitcoin which forced the world to take bitcoin and alt-coin seriously. This tremendous growth soon started to get correctly. That is from 16000 USD to ~6200 USD correction has happened so far. As as of now the prices have remained stable about 6000 USD.

Do you think this the better time to go for bitcoin purchase spree again? As from the bitcoin price history bitcoin has shown tendency to spike periodically.
Considering the bitcoin  novelty has worn off across the glob, Now there is sufficient awareness about the bitcoin and crypto. what could be the driving factors If yes then what could be the driving factors for the growth? As previous factors may be less significant this time.

There is no factor that can drive growth and increase the price of bitcoin in addition to the increasing demand for bitcoin because it is the only way to make a surge in the current bitcoin price where traders and sellers are currently stable.
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October 09, 2018, 07:02:44 PM
 #12

Many people who think bitcoin does not rise again, only fools can conclude like that and many are panicking with the market now, they sell all the coins they have on the grounds that maybe bitcoin will not rise later, I think big investors who knows the potential value of bitcoin is very happy to see the coin holders now panic, I think this is an opportunity to buy some altcoin or bitcoin, because by looking at the technology applied by bitcoin is very good and I'm sure someday the price of bitcoin will go to the moon .
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October 09, 2018, 07:14:38 PM
 #13

If I have the funds to invest in bitcoin or altcoin I will invest everything into bitcoin, because by looking at the current market that has no development I think in 2019 there may be developments to get to the moon, because I'm sure bitcoin will return to green as in years 2017 yesterday. Maybe for bounty hunters to panic with a market like this and sell all the coins they have, in contrast to me who won't sell all the coins I have with the market now, I will hold it until I feel I have had enough profit.

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October 09, 2018, 07:21:52 PM
 #14

Yes i think it is good price to enter for long term
Soon bitcoin etf will be in play again
Until new year we will have ico done with btc because of sidechain
Btc sidechain will great  bitcoin technology improvement
I think it is worth minimum 20% up from current price

 
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October 09, 2018, 07:44:29 PM
 #15

When someone asks me this I have one and the same answer. It's always a good time to buy bitcoin. What will differ for you is the ROI time. If you buy it in a wrong moment you'll have to wait for a year or 2 before it brings you any profit. If you buy at the right time you'll only have to wait a day or two.

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October 09, 2018, 07:57:57 PM
 #16

I believe that it is still time to buy Bitcoin and similar promising cryptocurrencies actually, because the prices are nowadays affordable, and you can purchase this coins with the lowest rate. But you have to make your holding plan, because it will take some other time until the crypto market goes green again.
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October 09, 2018, 09:37:05 PM
 #17

Ideally, looking at the nature of the crypto market, it is obvious that this is the time to buy bitcoin and other altcoins as well. The reason being that, all coins including bitcoin are down. This has given room to be able to purchase more if and only if you can take risk. Bitcoin has the affinity to rise in value but don't really know what is going to happen this year. But I am sure bitcoin and other altcoins will come good.

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Chicksteen
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October 09, 2018, 11:30:08 PM
 #18

The one big problem of always waiting for the 'perfect time' to purchase your Bitcoin is that you miss that perfect time at the process of waiting. I know we all prefer to buy when the price is totally lower than it present price but what if this price is how low the price can get. This is one major mistake those who purchased at the price of 20k did. Simple, if you have the money; purchase now, if not, purchase the few you can.
I agree. We lost chances when we still wait for the right time but the truth is the right time is all the time as the price is down and you can gain profit from it. Do not waste too much time because you can regret for always doubting the price.
lephuqui
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October 10, 2018, 12:07:15 AM
 #19

Very few of us have seen first rise and nose-dive of bitcoin. Then came the tremendous growth report of bitcoin which forced the world to take bitcoin and alt-coin seriously. This tremendous growth soon started to get correctly. That is from 16000 USD to ~6200 USD correction has happened so far. As as of now the prices have remained stable about 6000 USD.

Do you think this the better time to go for bitcoin purchase spree again? As from the bitcoin price history bitcoin has shown tendency to spike periodically.
Considering the bitcoin  novelty has worn off across the glob, Now there is sufficient awareness about the bitcoin and crypto. what could be the driving factors If yes then what could be the driving factors for the growth? As previous factors may be less significant this time.
After several btc adjustments, the price has stopped moving sideways and at 6000 level. The support zone at 6000 is very strong. You can buy in this area if you want to hodl or speculate well. Hope btc will have a bump this year.
normanderecho
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October 10, 2018, 12:08:02 AM
 #20

The one big problem of always waiting for the 'perfect time' to purchase your Bitcoin is that you miss that perfect time at the process of waiting. I know we all prefer to buy when the price is totally lower than it present price but what if this price is how low the price can get. This is one major mistake those who purchased at the price of 20k did. Simple, if you have the money; purchase now, if not, purchase the few you can.
I agree. We lost chances when we still wait for the right time but the truth is the right time is all the time as the price is down and you can gain profit from it. Do not waste too much time because you can regret for always doubting the price.



For me it's good to purchase or invest in a wise strategy because if you not have a wise idea or strategy there's a possibility that your money will loss so if you monator the price and you see the price will fallen that time is good to buy and we know the price of bitcoin will goes up again and that time we can get a great profit.

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