anybody buying some Bitcoin lately?

[clover12]

Yeah, OP here, I have been buying on the dip since it was near the big 20K mark. It's been tough because during this entire time the price has been going down, and I buy a little more every time it drops another 1000$. But if it gets to 3000$ I will just buy a little more but only what I can afford to lose. This bull run has been a long ride for me (total newbie) buying and holding on for dear life, and I am just looking to make a smaller profit from my combined entry points from buying on the dip. I do not expect to ever see another wild bull run like the one that happened when it hit 20K.

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[DeathAngel]

I’m buying regularly with each monthly wage. I advise everybody to do the same no matter how small the amount is. Prices will certainly increase & you’ll make good profits.

Patience is required though.

[clover12]

I’m buying regularly with each monthly wage. I advise everybody to do the same no matter how small the amount is. Prices will certainly increase & you’ll make good profits.

Patience is required though.

How are you feeling about all those transactions fees?  Those add up don't they??

Do you buy at Coinbase or where else??

[Adriano2010]

Yes, i also bough some bitcoin under 3600$ and i will hold, i think this year we can have a grow even if will not be a new ATH i expect to have at least 10,000$ for 1BTC, but maybe only after 1-2 month will start a signifiant grow.

[mostcrack]

it's not a bad idea if we buy bitcoin at the current price, because even though later the price of bitcoin has recovered, we will still be able to feel the benefits.
we all don't know where bitcoin prices are low, but the price of bitcoin has now reached a price that is cheap enough to invest. it's better to invest partially first, and wait for the next bitcoin price news.

[thecodebear]

Hell yeah I've been buying up everything I can afford since it went under $4000 in November. I've now bought as much since November as I bought in all of 2017 when I started buying bitcoin again at $1300 that year, but it has actually cost me less now than my Bitcoin in 2017 cost me!


All smart money is buying now.

[enhu]

Hell yeah I've been buying up everything I can afford since it went under $4000 in November. I've now bought as much since November as I bought in all of 2017 when I started buying bitcoin again at $1300 that year, but it has actually cost me less now than my Bitcoin in 2017 cost me!


All smart money is buying now.

The last time I bought it gave me a heart attack, this is my second life now. I wouldn't waste is this time. I'd rather wait for the next dip and wait til it goes back up to $6500. This will give me confidence that there is something that to watch out for. This bear are just losing people's interest, I see people who use to think aloud their facebook post to invest on BTC now they are telling followers to stop and look around.

[omonuyak]

It's at $3,500.  How low can it go? 

I bought more at $3600 and $3400

What's your sweet spot?

Are you waiting for under $1000???

What are you all waiting for?

When I visited local exchange sites I find out that few are really buying and there are many that are selling and that is a sign that bitcoin is over supplies in the market and it means price might continue falling until something happens.

[thecodebear]

Hell yeah I've been buying up everything I can afford since it went under $4000 in November. I've now bought as much since November as I bought in all of 2017 when I started buying bitcoin again at $1300 that year, but it has actually cost me less now than my Bitcoin in 2017 cost me!


All smart money is buying now.

The last time I bought it gave me a heart attack, this is my second life now. I wouldn't waste is this time. I'd rather wait for the next dip and wait til it goes back up to $6500. This will give me confidence that there is something that to watch out for. This bear are just losing people's interest, I see people who use to think aloud their facebook post to invest on BTC now they are telling followers to stop and look around.

That's the way of every bear market though. People lose confidence and get out or are too scared to buy at the bottom because despite all the evidence and history they think "oh maybe this time it really won't recover". Smart money accumulates at the bottom and they are the ones that get rich off the next bull run, the next bull run happens when those people that were too scared to buy at the bottom come piling back in at higher prices.

It's fine if you want to miss the bottom and buy back in once the bull run has already started. But the people accumulating at the bottom are the ones who reap the most rewards. The people who have been in the market for more than a couple years know this and are the ones accumulating now. The people who got in only in the past two years and haven't done enough research don't realize this is the best time to get in and they are either selling (the worst thing to do) or waiting for higher prices before getting in. I've been in since the last couple weeks of the late-2013 boom, and I felt the same way having not done my research and not experienced a bitcoin market cycle before, i thought it was going nowhere by 2015 and sold it all, now I know I should have been buying in 2015 not selling, and that's the point we are at now in this cycle. So now I'm doing it right and accumulating as much as possible in Bitcoin right now for the next exponential run-up that will take place over the next few years.

[boty]

I’m buying regularly with each monthly wage. I advise everybody to do the same no matter how small the amount is. Prices will certainly increase & you’ll make good profits.

Patience is required though.

How are you feeling about all those transactions fees?  Those add up don't they??

Do you buy at Coinbase or where else??

it seems like now the cost of all transactions that occur has a very cheap value because the falling price of bitcoin makes the value of the cost cheaper, and maybe you can buy bitcoin in coinbase, localbitcoins or you can buy it directly on blockchain.info.

[thecodebear]

I’m buying regularly with each monthly wage. I advise everybody to do the same no matter how small the amount is. Prices will certainly increase & you’ll make good profits.

Patience is required though.

How are you feeling about all those transactions fees?  Those add up don't they??

Do you buy at Coinbase or where else??

Use Coinbase Pro. Takes like 4 business days to get the money from your bank to the exchange, but the deposit is free, and then you just make a limit buy order and there is no fee. Occasionally send it to cold storage for what like five cents per transaction. Transaction fees for getting into bitcoin the right way are basically zero.

[Thanasis]

It's at $3,500.  How low can it go? 

I bought more at $3600 and $3400

What's your sweet spot?

Are you waiting for under $1000???

What are you all waiting for?

The prices may break $3000 in the current bearish trend but don't expect it to fall under $1000 because it is really not good to invest if the prices reaches that level so keep your investment level high and buy your bitcoins soon.

[STT]

I think a correction over time is going on so its a waiting game people have to wait to play out sorry.    I will say I think US dollar has topped out, if it made a new high then I might be especially bearish on Bitcoin but overall I think its just trying to bore people who expected fireworks.    Sometimes the technology has the job of just plodding on and proving itself through longevity and continued development, natural expansion is more important then speculation

[mindrust]

Buying a lot since 2017 May and increased my buys especially since August 2018. Slowed down a bit for now after the last carnage ($6k > $3k) but still buying every month, just on a smaller scale than what I was buying during 2018.

I'll keep my buys small unless I see a clear bull signal and when the right time comes I'll get in with my heavy FIAT bags.

It is better to buy small and dollar cost average yourself during a bear period because you will never know the exact bottom price.

I thought $6k was the bottom so I made some heavy purchases at that price point and It turned out that I was wrong. Don't be greedy like me.

[gabmen]

I’m buying regularly with each monthly wage. I advise everybody to do the same no matter how small the amount is. Prices will certainly increase & you’ll make good profits.

Patience is required though.

How are you feeling about all those transactions fees?  Those add up don't they??

Do you buy at Coinbase or where else??

it seems like now the cost of all transactions that occur has a very cheap value because the falling price of bitcoin makes the value of the cost cheaper, and maybe you can buy bitcoin in coinbase, localbitcoins or you can buy it directly on blockchain.info.

Well sound advice if you plan on staying in crypto for a long while and if you can afford holding for a year or more. The current price is fairly low that i'm quite confident that if you buy now and the price drops even more, it won't matter. I believe btc will be worth more than 10k in a year or two so buying now and holding would really be profitable in the long run.

[iv4n]

I’m buying regularly with each monthly wage. I advise everybody to do the same no matter how small the amount is. Prices will certainly increase & you’ll make good profits.

Patience is required though.

How are you feeling about all those transactions fees?  Those add up don't they??

Do you buy at Coinbase or where else??

it seems like now the cost of all transactions that occur has a very cheap value because the falling price of bitcoin makes the value of the cost cheaper, and maybe you can buy bitcoin in coinbase, localbitcoins or you can buy it directly on blockchain.info.

Well sound advice if you plan on staying in crypto for a long while and if you can afford holding for a year or more. The current price is fairly low that i'm quite confident that if you buy now and the price drops even more, it won't matter. I believe btc will be worth more than 10k in a year or two so buying now and holding would really be profitable in the long run.

If you are getting into crypto investments be ready to wait for a more than a year. Nothing happens over the night, crypto didn`t rise over night, it took years to get us here. It`s best to buy in dips, and if we are not at the bottom we will soon touch it, so be ready for continued downtrend. I`m optimistic person, it`s just reality, I`m reading some news and predictions about bitcoin going to 2000 dollars, even lower. FUD or not, i`m ready for everything that can happen, if bitcoin price drops that low it would be the best signal for getting in. You need to feel and touch the bottom, how else if not with buying on some levels, only time tells how right buy moment was.

[thecodebear]

Buying a lot since 2017 May and increased my buys especially since August 2018. Slowed down a bit for now after the last carnage ($6k > $3k) but still buying every month, just on a smaller scale than what I was buying during 2018.

I'll keep my buys small unless I see a clear bull signal and when the right time comes I'll get in with my heavy FIAT bags.

It is better to buy small and dollar cost average yourself during a bear period because you will never know the exact bottom price.

I thought $6k was the bottom so I made some heavy purchases at that price point and It turned out that I was wrong. Don't be greedy like me.

Hey $6k will still be great buys when the price is peaking again in a few years, but yea 3000s is much better haha. I thought $6k was the bottom too but luckily didn't start buying until it hit 3000s. As long as you're buying now (and obviously you've been buying for a while recently) we're all gonna make a ton of money over the next few years.

[clover12]

Just looking at the all-time chart for bitcoin, three stages are clear to me.

It began flat and steady.
It went into a parabolic curve that went up to $20K.
It went into a steady decline and we are now at $3500.

There is no sign of bitcoin going into an uptrend, yet. I am not buying until there is a noticeable change in weather and a noticeable change in the all-time chart. Buying and holding is unwise. How do I know?  Because I have been buying on the downtrend since during the parabolic curve and I have lost money the entire way down.

Good luck newbies.

[thecodebear]

Just looking at the all-time chart for bitcoin, three stages are clear to me.

It began flat and steady.
It went into a parabolic curve that went up to $20K.
It went into a steady decline and we are now at $3500.

There is no sign of bitcoin going into an uptrend, yet. I am not buying until there is a noticeable change in weather and a noticeable change in the all-time chart. Buying and holding is unwise. How do I know?  Because I have been buying on the downtrend since during the parabolic curve and I have lost money the entire way down.

Good luck newbies.

I don't understand your post. You're saying it was flat and steady before it went to $20k? Thats not remotely true. The move to $20k and back to $3000s is just one of several market cycles that have already taken place. This is normal. It was anything but flat before that.

Buying between bear and bull markets (i.e. NOW!) and holding is the absolute best thing to do. You bought on the way down, okay thats fine, but its even better to buy now, this is the best time to buy for the future. But now, sell at 20x in like 3 years, wait a year until it levels back out at the bottom like now, buy again with some of the profits you made, do it all over again.

[clover12]

I don't understand your post. You're saying it was flat and steady before it went to $20k? Thats not remotely true. The move to $20k and back to $3000s is just one of several market cycles that have already taken place. This is normal. It was anything but flat before that.

Buying between bear and bull markets (i.e. NOW!) and holding is the absolute best thing to do. You bought on the way down, okay thats fine, but its even better to buy now, this is the best time to buy for the future. But now, sell at 20x in like 3 years, wait a year until it levels back out at the bottom like now, buy again with some of the profits you made, do it all over again.


[/quote]
 
In a perfect world it works the way you state. How can you be so sure it is all going to work out great like that?