December 2018: Is this a good time to enter bitcoin if you have cash?

[South Park]

The bitcoin price index is now 1.000000 XBT = 3,836.92 USD


~1 year ago the price was 1.000000 XBT = 19,916.37 USD


The current price is 19.3% of the previous all-time-high.

Like always there is not a definitive answer to that, if you are able to hold your coins despite the adversity that may come then buying bitcoin at the current prices can be one of the best decisions that you can take in your life, but if you do not have that it is entirely possible that you are going to lose money despite the low price that we are seeing, in that case it will be better for you to not invest in bitcoin.

[andrerusso]

the tide may be low now but it's still yours to decide.  the crypto world never ceases to be a surprise!

[icecube45]

If you want to enter and buy bitcoin, maybe now is the right time. That's because prices have gone down very far, don't wait for prices to fall again because if at any time prices go up you will lose the opportunity. It's better to immediately buy later if the price drops again to buy again. I am sure that next year prices will recover and continue to rise.

[mahilchii]

If you want to enter and buy bitcoin, maybe now is the right time. That's because prices have gone down very far, don't wait for prices to fall again because if at any time prices go up you will lose the opportunity. It's better to immediately buy later if the price drops again to buy again. I am sure that next year prices will recover and continue to rise.

Ofcourse yes, this opportunity will never come again if the value goes up and a lot of them will miss the chance if they don't buy coins in cheap prices now. If the price soars up then a big margin is waiting for you.

[BTCgrinders.com]

$100 of bottom   - 0 (0%)
$500 of bottom   - 1 (6.3%)
$1000 of bottom   - 4 (25%)
$2000 of bottom   - 6 (37.5%)
$3000 of bottom   - 4 (25%)
$5000 (it's going to 0)   - 1 (6.3%)


This is the current results of the poll. Of 16 votes, the majority believes bitcoin will hit the bottom of ~1800. At the time of polling, the price of btc was $3800. It's interesting that not one person believe the price of btc was near the bottom at $3800.

[exstasie]

This is the current results of the poll. Of 16 votes, the majority believes bitcoin will hit the bottom of ~1800. At the time of polling, the price of btc was $3800. It's interesting that not one person believe the price of btc was near the bottom at $3800.

The past month has been very despair-inducing so that's not surprising. After a year where was price was already down 70%, price dropped in half again and now lots of miners are shutting down. These definitely feel like pretty dark days so everyone is losing hope.

Fortunately, "it's darkest before dawn" usually applies to markets pretty well and this is a necessary part of the process. When everyone has sold because they expect lower, we've already hit the bottom.

[Semaj123]

If you want to enter and buy bitcoin, maybe now is the right time. That's because prices have gone down very far, don't wait for prices to fall again because if at any time prices go up you will lose the opportunity. It's better to immediately buy later if the price drops again to buy again. I am sure that next year prices will recover and continue to rise.

Ofcourse yes, this opportunity will never come again if the value goes up and a lot of them will miss the chance if they don't buy coins in cheap prices now. If the price soars up then a big margin is waiting for you.

Some are probably waiting for the price to go up and definitely those who are riskier person who dares to invest at the moment could have the chance of getting greater amount of profits if things will happen to be soaring by next year.

[Yaunfitda]

If you want to enter and buy bitcoin, maybe now is the right time. That's because prices have gone down very far, don't wait for prices to fall again because if at any time prices go up you will lose the opportunity. It's better to immediately buy later if the price drops again to buy again. I am sure that next year prices will recover and continue to rise.

Ofcourse yes, this opportunity will never come again if the value goes up and a lot of them will miss the chance if they don't buy coins in cheap prices now. If the price soars up then a big margin is waiting for you.

Some are probably waiting for the price to go up and definitely those who are riskier person who dares to invest at the moment could have the chance of getting greater amount of profits if things will happen to be soaring by next year.

This. We need a lot of people who's willing to take (calculated) risk to give them a huge windfall in 2-3 years time. So I would definitely say that this is a good time to enter and purchase cheap bitcoins. Remember that we won't see a market in the bears for so long.

There will be a time that it will suddenly make a reversal and we would like to the person who will make a lot of profits when that time come.

[South Park]

If you want to enter and buy bitcoin, maybe now is the right time. That's because prices have gone down very far, don't wait for prices to fall again because if at any time prices go up you will lose the opportunity. It's better to immediately buy later if the price drops again to buy again. I am sure that next year prices will recover and continue to rise.

But those that take the risk of buying cryptocurrencies at the current prices need to be completely sure about what they are doing, if the price went immediately up after they bought then it is going to be very easy for them to hold their coins but if the price keeps going down after they buy they are going to be assaulted by all kind of doubts about their decision and many will sell for an even lower price.

[syberwolfen]

If you want to enter and buy bitcoin, maybe now is the right time. That's because prices have gone down very far, don't wait for prices to fall again because if at any time prices go up you will lose the opportunity. It's better to immediately buy later if the price drops again to buy again. I am sure that next year prices will recover and continue to rise.

Yes you are right, if the price pumps everyone who are planning to invest in BTC will lose the opportunity. A lot of people are still waiting to see downfall and want to buy for more cheaper yes this is true, one of my friend has idea to buy BTC but he says the may go down and let's wait for few more days. One thing for sure in cryptocurrency is anything can happen over a night.

[wuvdoll]

The past month has been very despair-inducing so that's not surprising. After a year where was price was already down 70%, price dropped in half again and now lots of miners are shutting down. These definitely feel like pretty dark days so everyone is losing hope.

The down fall into half in last 2 weeks felt like never before as prices around $6.5k levels seemed reasonable for most people. When $6.5k zone was sustainable for months then the current level must be a temporary one and most probably markets may bounce back to it sustaining zones at any time. Miners will join back for sure as they are true business people and they will do their business where they could find their big profits. So, this is time to enter or to buy more. No doubts.

Fortunately, "it's darkest before dawn" usually applies to markets pretty well and this is a necessary part of the process. When everyone has sold because they expect lower, we've already hit the bottom.

Yes, this is the darkest zone in last 2 years and it will move away faster than we could imagine. ETF news may become a savior. Let's hope for best things to happen.

[Kiweikoo]

The bitcoin price index is now 1.000000 XBT = 3,836.92 USD


~1 year ago the price was 1.000000 XBT = 19,916.37 USD


The current price is 19.3% of the previous all-time-high.

Like always there is not a definitive answer to that, if you are able to hold your coins despite the adversity that may come then buying bitcoin at the current prices can be one of the best decisions that you can take in your life, but if you do not have that it is entirely possible that you are going to lose money despite the low price that we are seeing, in that case it will be better for you to not invest in bitcoin.

Depends on how much cash you have too, doesn't it? I mean if you have 100 dollars it doesn't really worth getting into bitcoin between the purchasing and transactions and so forth you will end up with 90 dollars maybe even less, we talk about how amazing bitcoin transactions are compared to other methods but that doesn't really scale back a lot is it.

I mean if you can send a million dollars with 30 dollars fee that is amazing but if you send 100 dollars with 10 dollar fee that's horrible. Not that everything costs like that but when you are dealing with a third world country local exchange the fee for deposit and withdrawal gets to those amounts. Aside from that if you have a lot of cash in hand (anything over a thousand dollars would be fine) than it is a great time to join in.

[pinoyden]

even if you dont have a cash or capital to start with , you can still enter the bitcoin and crypto scene in the form of working thru different activities such as working thru forum ( e.g bounties , signature campaign , etc ) or working on other free lancing jobs  . there were too many way to earn a crypto even witout a cash but all you need to do is invest your own precious time  and hardwork .  2018 isnt also the year for cryptos because even at all times , you can always start to join as long as you are verry willing to learn and earn  .

yet it is still better to start early as possible  because cryptos can potentially pump and skyrocket at unexpected times without prior notice  .

[BTCgrinders.com]

Results of last poll:

from Dec 4 - 14

$100 of bottom   - 0 (0%)
$500 of bottom   - 1 (6.3%)
$1000 of bottom   - 4 (25%)
$2000 of bottom   - 6 (37.5%)
$3000 of bottom   - 4 (25%)
$5000 (it's going to 0)   - 1 (6.3%)


New poll is up.

[Question123]

We don't know what is the bottom for that and I hope it will up the value of the bitcoin and before the price up again this is good to ime to buy for you but depends to your prediction if it's good or not better to make reseaech first before buying to know what is your next step.

[Muzika]

day by day bitcoin price sets to the floor, and I think it is better to enter and bought bitcoin when the price seems to start to have a good price comeback again, yes we all dont know what would be the next atleast we can buy bitcoin as long as the market is still at low.

[gabmen]

day by day bitcoin price sets to the floor, and I think it is better to enter and bought bitcoin when the price seems to start to have a good price comeback again, yes we all dont know what would be the next atleast we can buy bitcoin as long as the market is still at low.

Hey if it bottoms out at 2.5k and you bought in at 3.2k, it's not a bad deal. The price isn't going to stay at these lower levels you know. You just have to make sure that the amount you'll use is something you can hold onto for some time.

[Barcode_]

I still remember the moment when majority of the investors is forking out their hard earn savings to purchase bitcoin when its price was almost $20,000 USD per bitcoin during the month of December in year 2017, but it seems that the interest to buy bitcoin at the moment is extremely low for investors despite the low price of around $3200 USD per bitcoin. Since it is extremely hard to predict the bottom for bitcoin price, I guess most investors are not willing to risk their money to purchase bitcoin anymore for now.

[DonFacundo]

bitcoin is in stable around $3,300 price so I think this is a good time to buy bitcoin and hold it for a long term just be patient bitcoin will increase.

[nydiacaskey01]

If early this morning you bought 1 BTC at $3,100 USD, you shuld have earned at least 9% by now since BTC is now being traded at $3,400 USD. So for those who are asking if its still a good time to buy Bitcoin, yes it is and there's still opportunity to earn if you enter at the right moment and exit or sell at the right time. You need to observe and learn how charts works and listen to those who are in this industry for a long time already.