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Author Topic: How to BUY BITCOIN at the "right" price  (Read 19711 times)
BuyBuyBitcoin (OP)
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January 04, 2019, 06:29:55 AM
 #21

If you are going to wait for the best dip, then you never going to enter the market. I have had people waiting for the best price for years now and when I tell them to jump in, then they tell me that the price is not low enough to enter the market.

This is our motto for 2019...

It seems semi-safe in this bounce at the 3,500-4,000 area but there are many saying there is a $2k bottom coming.

Taking the plunge next week and if it takes 6 months to get back to this price so be it.

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January 04, 2019, 11:01:28 AM
 #22

very difficult indeed to be able to find out the right time to buy bitcoin because the price movement of bitcoin is difficult to predict, sometimes when I buy bitcoin tomorrow or a few hours later the price of bitcoin falls again very deep, so to buy the most suitable bitcoin you have to can see the graph and make sure the graph is down to buy bitcoin and when it goes up it's not buying but you can sell it.
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January 04, 2019, 11:20:43 AM
 #23

By the way Apple was down 9.96% on Thursday after the tech giant cut its forecast for fiscal first-quarter revenue - the holiday quarter - thanks in part to slowing sales in China. It could be a good time to start invest for a hold. what do you think guys?
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January 04, 2019, 02:57:34 PM
Last edit: January 04, 2019, 03:14:21 PM by vintages
 #24

True, your method of buying bitcoin is quite true and the method is really working cause I have being using when I started storing Bitcoin and also in buying certain altcoins.
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January 04, 2019, 03:09:48 PM
 #25

You have shown a good strategy to buy bitcoin. Buying Bitcoin at growing and declining stage is profitable as we know buy it is high risky to buy at boom period as you have shown in the diagram. Investors need to analyze technically.
Thats not even a strategy because that’s the basic moves ifyou know what is hodling is all about,buying in dip is the best way of gaining if we trust cryptocurrency specially bitcoin so there’s nothing new here

Thats a normal rule to Buy Low,Sell High pattern

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January 04, 2019, 03:59:10 PM
 #26

Only saw an attidude most people in the crypto market that has been acute, especially in this forum.  One thing that will continue to hap in the cryptocurrency market, everyone is confused to decide to buy bitcoin because they are looking for a low price more than that, but when the price reach a lower price like now $3800, maybe you can imagine the decline price from $20.000 to $3800 was a deep decline, but they are still confuse to start buying.

Another thing is HODL, many of them have already gotten a large profit but they are just waiting until the price continues to rise and they forget the price of bitcoin is not as creamy as they want it to be until prices fall back again, eventually they will repent it.

However, an analysis is really needed so everyone has their own target when deciding to buy and sell. Like panic selling, indeed, everyone will see a panic seller is negative but when he decides to buy because he knows the price will go down from that price, then they choose to sell. The point is just to save from a big loss besides that he can buy bitcoin at a price cheap so that it can reduce a loss previously experienced.

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Isiaka208
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January 04, 2019, 04:07:12 PM
 #27

Nice analysis but I believe when the bulls come, people will throw caution and their thinking caps to the air in the name of FOMO.

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January 05, 2019, 10:28:50 PM
 #28

very difficult indeed to be able to find out the right time to buy bitcoin because the price movement of bitcoin is difficult to predict, sometimes when I buy bitcoin tomorrow or a few hours later the price of bitcoin falls again very deep, so to buy the most suitable bitcoin you have to can see the graph and make sure the graph is down to buy bitcoin and when it goes up it's not buying but you can sell it.
That’s true no one can actually tell us when is the time to buy and when is the time to sell but mate instead of being confused about this I think we should just buy at red and sell green. That’s the volatility that makes the price high and low when more people sell it makes the price down and when more people buys so price increases so now it is  good to buy as market is red.
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January 05, 2019, 11:37:13 PM
 #29

If the market price of bitcoin is on downturn then that should be the right time to buy some. Hodl and wait for the time whem you know that you already earned profit from the amount you invested. Remember that bitcoin price is very unpredictable so no one will ever know when its price will go up or down.

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samcrypto
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January 05, 2019, 11:42:18 PM
 #30

The right price to enter is when the market is dumping, and when everyone is panicking because it can make the price more less and if you enter on that level you can have higher profit when the price pumps again. Knowing how to anlyze the market is a must, and as a trader you should not forget to analyze first before making any trade.

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January 06, 2019, 08:46:24 AM
 #31

The problem is that sometimes we don't know where we are on this line. When we all think this is a good time to buy, it may be at a dangerous mountaintop, because only the next day, we will know What will happen.
We look at what happened in the past with our current eyes. This is clear at a glance, but who can predict the future?
its hard to read a chart in market and sometime we misunderstood the line in the chart. I also experience some problem with the line and because of that it lead some losses of my money. I usually my bitcoin in a dip price and then I will sell it out when the price increase and I will wait for another dip.
Olayinka225
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January 06, 2019, 07:36:43 PM
 #32

With series of fake volumes and exorbitant manipulations from some exchanges, I will suggest some like 2 or 3 exchanges where one can buy bitcoin at the normal rate price  and that is:

Binance
Polonix and bittrex
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January 08, 2019, 01:56:47 AM
 #33

Looking for strategies/opinions/options people are using for the "CORRECT" time for "others" to buy bitcoin..... this means no "anytime is the right time." That is obviously not true for everyone, especially people new to bitcoin.

Buy the Dip is ESSENTIAL now, so we're recommending people:

1. learn basic technical analysis
2. find a trusted Technical Analyst
3. Plan to buy at a price and amount they don't need for 5 - 10 years
4. HODL




Maybe it is hard to find the correct time to buy because the current dips can still falling at anytime.
But at least if you buy it on the dip, you will have better chance to sell it higher later, better than you buy it on the peak.
Planning to buying bitcoin and hold for 5 - 10 years is not easy, except you forget that you are holding it.

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January 08, 2019, 02:02:00 AM
 #34

That's basically my strategy learning how to read the charts if there's a possible uptrend of downtrend then decide from there if im going to sell or buy more. Then look for other financial advise like for example famous youtubers who has valuable information and good point of view in technical analysis.

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Ethan Argu
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January 08, 2019, 03:00:03 AM
 #35

There is no definition of right price. This depends on your estimation, how much are you willing and can invest and how much risk you are ready to accept.
Basic rule for trading is to buy low and sell high but in practice this is not always easy to do because it's hard to predict the movements of price. That is why good traders need to have a lot of knowledge and experience to be able to judge properly conditions on the market and when is the good moment for investing. That isn't easy and that is why we don't have much good traders who are able to make decent profit on a regular basis.
In my opinion bitcoin price is hard to identify when it's roght or low. It depends on the condition of the flow of bitcoin / mining in the industry / market. Many of the bitcoin users are relying on the price of bitcoin where it posted.

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January 08, 2019, 06:07:07 AM
 #36

pay attention to the table above. You have to understand bitcoin and the bitcoin value movements at any time so that you can know prices are falling and prices are rising. when the market goes down a good step is to buy sell only when the market rises. You also have to be patient waiting for the market to rise so you can get a profit when selling.

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January 08, 2019, 06:55:31 AM
 #37

Nice basic tips. Though this graph doesn't apply in the most scenario. I mean, the market will not represent this kind of graph everytime. But for the beginner, this will help them as a guide when to buy in a bear mode.
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January 08, 2019, 07:33:00 AM
 #38

If the market price of bitcoin is on downturn then that should be the right time to buy some. Hodl and wait for the time whem you know that you already earned profit from the amount you invested. Remember that bitcoin price is very unpredictable so no one will ever know when its price will go up or down.
Thats true. It's all about watching and analysing the market and understanding how you can best benefit from it. Like you mentioned it is very unpredictable , so you have to stay on it
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January 08, 2019, 07:35:56 AM
 #39

i believe theres no right price for btc as it is unstable at all times  but it is pretty beneficial to buy at the dip like for example today , we can still call this a dip because the price are still kinda low and the overall crypto market has not yet fully recovered .

Nice basic tips. Though this graph doesn't apply in the most scenario. I mean, the market will not represent this kind of graph everytime. But for the beginner, this will help them as a guide when to buy in a bear mode.

graphs represent the movement or the flow of cryptos , yet they can be useful to track the coins progress  but we musnt depend on them becauase like i said earlier all cryptos were pretty unstable due to the effects of volatility   . beginner or pro , they both cant still predict the next move of the price even if how hard they analyze the charts  .
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January 08, 2019, 07:55:44 AM
 #40

sometimes the graph you mentioned is not very true and humans will not be able to know or predict the bitcoin price movements and know the right time to buy bitcoin, so the most important thing is maybe you can buy bitcoin when the graph condition decreases and not too high to buy bitcoin the risk is that maybe you can get stuck at a high price.

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