When are you buying?

[thecodebear]

So at what price are you or have you been loading up on Bitcoin?

I don't have much money now, I'm planning on buying a ton of Bitcoin in late January when I get a bunch of money from the sale of the startup I work at (hoping price is still at least below $6k!!), but today I decided if this thing hits $3800 I'm picking up half a bitcoin, and if it drops significantly below that I'll try to pick up maybe as much as another half a bitcoin. For anyone with plenty of money on the side right now I hope you all are feasting on all this panic selling! This is how you get rich! Too bad I have $8k on exchanges that I bought up coins with a few months ago, I'd pick up 2 Bitcoin right now if I had that in fiat

[harizen]

~snipped~

Honestly Im not really into setting a price target before buying. Im more of analyzing the current trend and some of the possibilities that might happened along the way and "following my own desire". Since it's obviously that no one knows what will be next thing that will happened in bitcoin, we should consider to spend time analyzing the situation so that it can act as reference whether to buy or to dump.

To OP, it's nice that you already have a setup plan. Hope that you will be able to execute that according to your strategy. Goodluck.

[boyptc]

Good luck with your plan. I decided to buy during $5,500 not a whole and its only with my extra money but still, I'm trying to wait if this is the bottom or yet.

Is it only me that has that feeling, when I feel the dip has been reached - I buy. And you know what? There's more dip for that dip.  

[thecodebear]

Good luck with your plan. I decided to buy during $5,500 not a whole and its only with my extra money but still, I'm trying to wait if this is the bottom or yet.

Is it only me that has that feeling, when I feel the dip has been reached - I buy. And you know what? There's more dip for that dip.  

Hey man I have $8k that I bought in BTC/LTC/ETH/BCH back when bitcoin was up in the 8000s. Wish I had that money to buy in now! ;p

I'll have plenty of money early next year though so who knows maybe the market will still be as low as $4k then!

[gentlemand]

No particular plans to buy. If I was inclined to do so I'd consider it sub 3 grand but I'd be cost averaging, not buying in one lump. That price level would probably equal plenty of time in the doldrums. I doubt there'd be much of a hurry to rise.

[exstasie]

So at what price are you or have you been loading up on Bitcoin?

I don't have much money now, I'm planning on buying a ton of Bitcoin in late January when I get a bunch of money from the sale of the startup I work at (hoping price is still at least below $6k!!), but today I decided if this thing hits $3800 I'm picking up half a bitcoin, and if it drops significantly below that I'll try to pick up maybe as much as another half a bitcoin. For anyone with plenty of money on the side right now I hope you all are feasting on all this panic selling! This is how you get rich! Too bad I have $8k on exchanges that I bought up coins with a few months ago, I'd pick up 2 Bitcoin right now if I had that in fiat

I hate catching knives. I'm only willing to do it deep into a crash, at a price level where I see a confluence of bullish factors.

Therefore, I'm looking at staggering buys in the $2,900-$3,200 area. $3K was a major level during last year's bubble and the 200-week MA is in the $3,100s. There's also a nice volume gap right in the same zone.

If we get there, it's a buy. If not, I'll wait for obvious signs of reversal.

[b3j0]

honestly I have no intention of buying bitcoin at this time, maybe I will buy bitcoin when the price of bitcoin is around $ 4k. I will wait until the time comes.

[thecodebear]

honestly I have no intention of buying bitcoin at this time, maybe I will buy bitcoin when the price of bitcoin is around $ 4k. I will wait until the time comes.

??
it hit $40xx today

[thecodebear]

No particular plans to buy. If I was inclined to do so I'd consider it sub 3 grand but I'd be cost averaging, not buying in one lump. That price level would probably equal plenty of time in the doldrums. I doubt there'd be much of a hurry to rise.

sub 4k is the signal for me (well specifically more like 3800 cuz if it breaks 4k i'm sure there will be another round of panic selling so i've got alerts set at 3800. Basically I'll buy half a bitcoin if i see that alert go off and its still around there. Then I'll buy another bitcoin is there is another round of panic selling to like low 3000s.
Then in late jan/feb i'll be buying $50k of bitcoin over a few weeks probably.

[itos84]

I bought some bitcoin at 6.000 and at the end of the month will get some more money and will buy at whatever price it’s then. Hopefully I can get to buy at 2.000-3.000 price range and get a full bitcoin (probably diversify with some other major altcoins too) Otherwise I will buy as much as I can get at the start of December. I will hodl till gets around 30k-50k.

[Herbert2020]

at $6k!
i know we are below it but that is the price where i was buying because everything pointed to it being the bottom and i still refuse to believe this drop is natural and not manipulation.
as for more buying, i would wait until the market calms down and it becomes clear that the manipulators have stopped manipulating the price and then i will restart buying bitcoin again.

my goals are long term so it doesn't matter that much for me at what price i buy.

[glowing10]

Good luck with your plan. I decided to buy during $5,500 not a whole and its only with my extra money but still, I'm trying to wait if this is the bottom or yet.

Is it only me that has that feeling, when I feel the dip has been reached - I buy. And you know what? There's more dip for that dip.  

I had being buying on all the dip and not so bad though I am on down side of my portfolio but as my rate is now average out so not that bad. This way once the price rise I would end up in a profit soon and would not have to wait for longer to get my price or profits booked due to average out strategy.

[elloco4ever]

Unexpected Drops it has been in a daily basis the value is dropping, A lot of big investors are looking to buy coins in a very cheap price this is what it is turning out to be now. If the value Increases, they will make a huge profit. I think big whales are working on plan B as they are manipulating the price and dropping the value. Guys try buying more coins this time as the value is very cheap, think like a boss.

[Ewinsane]

Good luck with your plan. I decided to buy during $5,500 not a whole and its only with my extra money but still, I'm trying to wait if this is the bottom or yet.

Is it only me that has that feeling, when I feel the dip has been reached - I buy. And you know what? There's more dip for that dip.  

I had being buying on all the dip and not so bad though I am on down side of my portfolio but as my rate is now average out so not that bad. This way once the price rise I would end up in a profit soon and would not have to wait for longer to get my price or profits booked due to average out strategy.

It will never be so bad in the long run when the market recovers, because one way or the other, what you are doing is pretty much a good thing anyone who is going long on the market would really be doing.

As long as there is nothing absolutely wrong with the market and it is not dead, there is a great possibility of bitcoin rising more than this later on and a lot of people who are busy getting scared today would wish they are taking advantage of the opportunity now. It has happened before and the funniest part is that this scenario will happen again on the way up to the moon.

[sorrysteve1]

I'll be picking up some bitcoin from here in increments all the way down to whatever value we settle on. I think within 6 months or less we'll be back above $6000 so it's going to be a very sound investment if I'm correct. Sadly with the upcoming festivities etc I won't have as much spare as I would like.

[Pursuer]

my plans to buy bitcoin always means the same thing: I convert my extra fiat that I do not need into bitcoin. so the answer to "when" for me is whenever I have extra fiat to dump. and that is about at least once a month which is what I usually stick to unless there is a big discount week like this one in which case I try to speed up the process of buying bitcoin.
generally speaking I prefer to buy in the dips but it is not always possible to catch them since I am not a full time bitcoin trader.

[cellard]

I think the sweet spot is somewhere around the $3000-$4000 area, but sweet spots often leave you waiting for that perfect entry point which never actually comes, and this is what will lead to $100,000+... FOMO from the millions of potential buyers that wait too much, then realize eternal bottom already occurred and we are going for ATH.

There is already blood on the streets, so you should be buying already dollar cost average for as low as it can possibly go.

If it goes retardedly low (say sub $1000) go all in bigly, but then again, that is what a lot of people hope for, which means it will not actually happen and bottom is somewhere higher.

[Jet Cash]

I'm a HODLer and a price averager, and I spend £100 or so when there is a reasonable deal in the offing. I'm aware that I don't know enough to find the real bottom, so I have to average. I probably ought to push some more domain name sales, and accept Bitcoin.

[LFC_Bitcoin]

I'm a HODLer and a price averager, and I spend £100 or so when there is a reasonable deal in the offing. I'm aware that I don't know enough to find the real bottom, so I have to average. I probably ought to push some more domain name sales, and accept Bitcoin.

That’d be a good idea Jet Cash, I’ve got a handful of bitcoin related domain’s too. 4 or 5 are pretty shitty but I think 2 of them are quite attractive.

[BitHodler]

I'm in it for the long run. I even bought on a montly or biweekly basis when the price was hovering between $6000-$7000 for almost 10 or so months. This is the only way to buy yourself into a market that makes sense.

Most people are surfing on the sentiment of the market. In case the sentiment is up, they expect $10,000 to be broken within x number of months. Sentiment down means we'll see lower lows, potentially $3000 range.

Markets do the opposite of what people think it will be doing. 2 weeks ago people were largely bullish, and this is what we got. Now people are largely bearish, which might result in a counter bounce to the up side very soon.