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Question: Dec 15: Current price of $3209/btc is within:
$100 of bottom - 0 (0%)
$500 of bottom - 0 (0%)
$1000 of bottom - 1 (14.3%)
$2000 of bottom - 4 (57.1%)
$3000 of bottom - 2 (28.6%)
$5000 (it's going to 0) - 0 (0%)
Total Voters: 7

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Author Topic: December 2018: Is this a good time to enter bitcoin if you have cash?  (Read 21817 times)
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December 17, 2018, 06:03:24 PM
 #61

If you dont have some crypto in your wallet than you are crazy. If you have only cash its like you are living in the past, open your eyes, look at the future, we will need to have some crypto in our wallets. Cash count last years, its question how much it will survive, in some progressive countries that will happen in next maximum 5 years, other countries later, but all countries will be crypto once.
Who doesn`t believe in that have a problem with understanding reality, and where are we going. Digital future is already here, with years everything will be more digital, everything will be crypto.



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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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December 17, 2018, 11:51:54 PM
 #62

I would say that it is right time. We can see that in last 20, 24 hours bitcoin price jumped from 32xx to 35xx in its price, it's on 8% growth so we could assume that the moment is right. On the other hand we have also seen that it could easily  go down in a matter of hours. Maybe the best tactic is to buy and if it start to go down, sell and wait for another so called good moment.
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December 18, 2018, 01:49:05 AM
 #63

I would say that it is right time. We can see that in last 20, 24 hours bitcoin price jumped from 32xx to 35xx in its price, it's on 8% growth so we could assume that the moment is right. On the other hand we have also seen that it could easily  go down in a matter of hours. Maybe the best tactic is to buy and if it start to go down, sell and wait for another so called good moment.
for now it's better to play in the short term. when you have heard there is good news that will appear in the long term in the future. you can start buying and holding. for now it seems better to just be short term. find the right time to buy and sell directly when you're profit
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December 18, 2018, 01:07:16 PM
 #64

It's risky but still it's good time. The price is relatively low, hope that lower will not go so if you have extra cash it's good to invest. In some point of time the price will recover so if you really don't need that funds and have enough patience it would be good decision to put it into Bitcoin.
But since the market is changing very quickly you should be prepared to spend a lot of time for monitoring and to be prepared for fast action.

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December 18, 2018, 01:51:17 PM
 #65

I would say that it is right time. We can see that in last 20, 24 hours bitcoin price jumped from 32xx to 35xx in its price, it's on 8% growth so we could assume that the moment is right. On the other hand we have also seen that it could easily  go down in a matter of hours. Maybe the best tactic is to buy and if it start to go down, sell and wait for another so called good moment.

Yes obviously if you have some cash and you want to invest in then go for investing some amount in Bitcoin and hold it for 2 more months you will see the good results and price will go up to $8000 so wait for the countdown to start and wish to see great time ahead.

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December 18, 2018, 03:01:21 PM
 #66

To be honest I am still very doubtful about this problem, because there is still a possibility that the price of bitcoin will go down even further. maybe I will wait longer to buy.

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December 18, 2018, 03:41:09 PM
 #67

I think this is a very good time to buy more crypto if you have cash. Because this probably most cheapest price for all time in future. A lot of big good thing will happened in next year (like Bakkt and Fidelity launch etc.). So probably we will never see such low price more.
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December 19, 2018, 02:28:34 PM
 #68

Currently, BTC is approaching $4000, going up $800~ since the start of new poll.

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December 19, 2018, 11:49:43 PM
Last edit: December 20, 2018, 01:50:07 AM by Clark05
 #69

If I have now extra cash I will invest more to bitcoin. Because as I notice the price from the 3200 dollars to 3700 dollars at this time.
And I believe it will up more the value so invest more money to bitcoin but only extra money better to use.
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December 20, 2018, 07:10:10 AM
 #70

We are now experiencing a minor pump where bitcoin reached $3800 and this price from $3800 to $4000 will serve as a wall. Most investors are seeking for this pump for a long time now so we can always expect a sell from these price and found it an opportunity if they buy bitcoin at its lowest price. This sudden and temporary pump gave me doubt if i will enter or not. Some are expecting bitcoin to go down at $2500 so i might say that this is not the good time to enter.
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December 21, 2018, 10:28:38 PM
 #71

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.

Keyword here is probably "if you have cash". Prices are currently very low even after the small rebound up to $4k, and I think that there is pretty much very little chance that we're heading much further down from this level.

We could potentially dip a bit under $3k, but below that, there will be a lot of buying pressure for prices to stay that low for much longer.

Having said that, there is every possibility for short term anomalies to happen within the market. This is why I wouldn't recommend entering long positions with leverage, buying bitcoin derivatives without knowing what you are doing, or potentially even going into debt to buy bitcoins. Only buy if you have cash on hand, and if you are willing to hold your position for the long term. In that case, you'll find that $3-4k is very low in the macro scheme of things.

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December 21, 2018, 11:10:42 PM
 #72

Yes, I believe so but I could be completely wrong.

My expectation is for a low of no lower than $2,500 but we could have already hit our lowest low since the last ATH.
I also expect another pump in the future to again dwarf the last ATH as had happened many times over so for me the prospect of how much to be lost from here is tiny in comparison to what could be gained.

I'm not selling and am more confident in putting more into BTC now than ever.

Personally, I think its good Idea to enter bitcoin if you have cash in december 2018 because you can buy more bitcoin and hold or invest it while the price is very low. Its our strategy how we handle this kind of things. But before they enter bitcoin make sure they know or background check how if works and they have also an idea what is bitcoin all about.

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December 21, 2018, 11:18:29 PM
 #73

buy as you can It is a very rare opportunity
There are companies and investors who buys and hold bitcoin cold storage
Buying bitcoin will be difficult in the future
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December 21, 2018, 11:50:15 PM
 #74

buy as you can It is a very rare opportunity
There are companies and investors who buys and hold bitcoin cold storage
Buying bitcoin will be difficult in the future

This is hard at what price is the bottom but buying these days is a good chance for us users. Yes by buying in the future price might really expensive. It is a good time to have btc and wait for profit by the time comes price increase.
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December 22, 2018, 02:34:52 PM
 #75

The bottom line could be anywhere but indeed this month the price of bitcoin is very low and for those who can buy more bitcoin i think they will feel the benefit from that however no necessary to have big cash to buy at least 1 bitcoin even you can buy it gradually from small amount and still not late to do so
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December 26, 2018, 06:10:37 PM
 #76

If I had extra cash that I don't need I would buy Bitcoins. The price is cheap now but there is also possibility for further dump. Still this red situation on the market will not last forever and the market will recover so I wouldn't wait too long. Buying now is investment for the future and opportunity for new investors to come to the market and this will be good for everyone.

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December 27, 2018, 05:12:45 PM
 #77

I think it's a cheap price if you want to invest long term. crypto is normal if the price goes up and down which is important, don't panic, still believe if the price will rise and more than the previous ATH

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December 28, 2018, 07:18:25 AM
 #78

the biggest opportunity to put our money into bitcoin can be done now, because the movement of the price of bitcoin continues to decline to reach around $ 3,000. but before deciding to invest in bitcoin we must be able to understand the risks to be faced because bitcoin price movements are very fluctuating, we can lose the money we invest in bitcoin because bitcoin price movements cannot be accurately predicted by anyone. but if we choose bitcoin to be used as a long-term investment asset, there is a possibility that in the future market price movements can surge higher than now and we can get a bigger profit
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December 28, 2018, 09:13:14 AM
 #79

To be honest I am still very doubtful about this problem, because there is still a possibility that the price of bitcoin will go down even further. maybe I will wait longer to buy.
If you are in doubt, its good that you don’t invest and stay away from the market for now because if you are not confident in investing, you might sold it when you incur some loses.

IMO, investing right now is really fine as long you are ready to take risk go buy more good coins. Many investors believes that 2019 will be the pumping years of cryptocurrency, let’s believe on that too.
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December 30, 2018, 06:54:13 PM
 #80

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.

I think those who wanted to buy bitcoin at cheap price would have already done by now. We will not see such cheap prices of bitcoins again. On the other hand those who are asking that should be buy now or wait for 2000$ , are the ones who will never buy at any price and keep on thinking .

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