IS IT TIME TO BUY MORE BITCOIN?

[pooya87]

So the supposedly initiator for a bull run was gone for now, but the good thing is the price is quite stable and didn't go down as expected.

all those ETFs so far weren't actually "initiators of bull run". in fact i believe if they were approved we might have seen a short rise and then fall back again because the trend wasn't changed at the time and things like the BCash fork attack still were in effect against the rise.
that is one of the reasons the price didn't fall though. nobody had any faith in these ETFs to get their hopes up.

[michellee]

Yes it is,  get as many as you can while the price drop down again @3500 or you can wait till the price drop to 3000$ maybe that will be bottom of bitcoin and that will be the best opportunity to buy bitcoin.

That is why we don't have to buy 1 bitcoin directly because we need to have spare money to buy more bitcoin if the price suddenly down too deep. If we can save more money, we can decide how much bitcoin we need to buy now while we still have money to buy again later. You can buy bitcoin at any price you want but remember, you should have money in your balance just in case if the situations on the market changed in the next day.

[talkbitcoin]

Yes it is,  get as many as you can while the price drop down again @3500 or you can wait till the price drop to 3000$ maybe that will be bottom of bitcoin and that will be the best opportunity to buy bitcoin.

That is why we don't have to buy 1 bitcoin directly because we need to have spare money to buy more bitcoin if the price suddenly down too deep. If we can save more money, we can decide how much bitcoin we need to buy now while we still have money to buy again later. You can buy bitcoin at any price you want but remember, you should have money in your balance just in case if the situations on the market changed in the next day.

of course "we" in this context means a day trader or anybody who is actively involved with bitcoin market and resides on an exchange! otherwise for everyone else who is not going to have the time or willingness to spend a lot of time trading and on exchanges it is not a good idea to wait around specially since that means leaving money (fiat) on exchanges that can scam you at any moment. otherwise if you wait and don't leave money on exchanges the price can fall and you wound't be able to buy because depositing fiat takes a lot of time.

[myohmy81]

IS IT TIME TO BUY MORE BITCOIN?

The Bitcoin has had setbacks in the price which has happened partly due to the problem that we have been carrying since Sunday afternoon, however it could be a good opportunity to acquire more BTC if that is the plan that you have.

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If Bitcoin is able to maintain the rate for the next month and a half, everything could change on February 27, since it could receive a good bullish momentum if the SEC (the US markets regulator) approves the first quoted fund (ETF) denominated in the digital currency, a decision that has been repeatedly postponed. Specifically, it is about deciding on a possible authorization to the ETF proposed by the company SolidX Partners and Van Eck Associates. In theory, the SEC would have had to pronounce on this vehicle in December, but the lack of adoption of the digital currency among the world of institutional investors, and the constant regulatory problems that appear every day, have once again postponed the decision.According to http://www.finanzas.com

If you believe that the coming news about SEC could make the trend bullish then you need to accumulate more bitcoin while it's price is more cheaper. Yes it could make the price rise a little bit but not enough to rise higher to the $10k level as this should need more adoptions to rise higher to above the all time high. With or without ETF this bitcoin will rise if we have more adoptions that will increase the daily demand and we should use this coin for our daily transactions and buy more bitcoin for our future. Indeed nobody can predict the price of bitcoin as this will follow with the demand in the whole crypto market.

[romero121]

Price of bitcoin has been falling drastically. To my view the price will fall even lower than the present value. It is good to stay calm for a short time period and invest after the upcoming price fall. Till date I've come across lots and lots of monthly expectations. On every month starting people speculate growth will take place. Now people have begun to speculate focusing on February. In this way I prefer buying as much after a short time period.

[BigBos]

Price of bitcoin has been falling drastically. To my view the price will fall even lower than the present value. It is good to stay calm for a short time period and invest after the upcoming price fall. Till date I've come across lots and lots of monthly expectations. On every month starting people speculate growth will take place. Now people have begun to speculate focusing on February. In this way I prefer buying as much after a short time period.

you are right. for now, maybe seeing the situation first will be a good decision. I suggest buying bitcoin when you really need it. Current prices tend to go down, and there is no information that can make bitcoin prices higher. however, I think, some people feel that this is a great opportunity to collect large amounts of bitcoin.

[DonFacundo]

yep it is time to buy more bitcoin and hold for long, bullish market will happen soon, but don't put all your money in bitcoin because many potential crypto out there that can pump more than the bitcoin so research the crypto first before you to invest.

[Vannie12]

IS IT TIME TO BUY MORE BITCOIN?

Now, the answer. drum roll please!



NO ONE KNOWS WHEN THE BEST TIME TO BUY BITCOIN IS!

Best answer there is.

I think that buying at a low price simply to encourage pumps is not a total benefit and may just cause a commotion about calling bitcoin as a scam once more.
For sure, those who still have investments will withdraw once it starts to rise again and will just more dumping.

I do wish that there is a solution for such. But I guess as prices go down, investors lose interest.

[BLAST2MARS]

They said yes on $13k, $10k-9k-8k and then still yes to $6k-4k. After witnessing those, I highly advice to anyone that who wants to buy again to assess the state of the market. Before, random altcoins still spike everyday but it does not happen now so it's better to wait for that cycle to happen again before buying more btc.

[BitHodler]

They said yes on $13k, $10k-9k-8k and then still yes to $6k-4k. After witnessing those, I highly advice to anyone that who wants to buy again to assess the state of the market.

It's easy talking at current levels. If you bought the dip at $13k and the price jumped back up to $20k you would be called an expert, but now you're a dumbo, that's how things go here.

If you buy the market down dip by dip, you should stick to lower buys and increase the amount you buy in the lower the price goes. I have been buying between $6-$7k as well, but with fairly low amounts because I didn't believe the bottom was in.

To give you an example: at current levels the amount I dollar cost average with is almost 175% higher than what I used to dollar cost average with between $6-$7k. The amount will keep increasing the lower we go.

[gabmen]

They said yes on $13k, $10k-9k-8k and then still yes to $6k-4k. After witnessing those, I highly advice to anyone that who wants to buy again to assess the state of the market. Before, random altcoins still spike everyday but it does not happen now so it's better to wait for that cycle to happen again before buying more btc.

I agree, besides that I also have enough assets just in case when the price of bitcoin rises. at this time, I will only wait for prices to return to higher levels. but, some people might have bought a lot of bitcoin to hold it as an asset.

Well, sucks for those that bought in within the 13k to 8k range but i think now is a good entry point. Even if the price dips below 3k or even 2k, there's really not much room for a drastic drop anymore. And if you can afford a lot of time to wait, i think getting in at 3.5 would be profitable in the long run.

[michellee]

Yes it is,  get as many as you can while the price drop down again @3500 or you can wait till the price drop to 3000$ maybe that will be bottom of bitcoin and that will be the best opportunity to buy bitcoin.

That is why we don't have to buy 1 bitcoin directly because we need to have spare money to buy more bitcoin if the price suddenly down too deep. If we can save more money, we can decide how much bitcoin we need to buy now while we still have money to buy again later. You can buy bitcoin at any price you want but remember, you should have money in your balance just in case if the situations on the market changed in the next day.

of course "we" in this context means a day trader or anybody who is actively involved with bitcoin market and resides on an exchange! otherwise for everyone else who is not going to have the time or willingness to spend a lot of time trading and on exchanges it is not a good idea to wait around specially since that means leaving money (fiat) on exchanges that can scam you at any moment. otherwise if you wait and don't leave money on exchanges the price can fall and you wound't be able to buy because depositing fiat takes a lot of time.

I don't think so because the context of "we" it doesn't mean a daily trader only, but it's for every people who want to buy bitcoin or altcoin. They can buy the coins in any of price, and they don't have to watch the price every day. I have a friend who still buys bitcoin especially if the price is down and she doesn't care about what is going on with the market. She only needs to know that the price is going down deeper so she can buy more and more at the low price and I always tell her that bitcoin is at the low price and she can decide later to continue to buy or not.

[superstarbtc]

looking at the present market condition it is advisable to buy bitcoin at the price of 3300 dollars and thereafter we can expect positive growth in the coming months

[ToyotaFortuner]

the condition of the cryptocurrency price is currently not good and there are lots of coins whose prices fall and if you still have money then now is the right time to be able to buy as much as you can because the cryptocurrency price is very cheap buy as much as you can.

[BartS]

If you have what it is necessary to hold your coins for the long term then the answer is yes, just a warning many think they have what it is necessary but they are mistaken and they find out at the worst possible time, when the price of bitcoin is crashing, so try to be honest with yourself and ask yourself if you can really keep holding your coins if you lost 70% of your investment in a year, if you cannot then wait until the market begins to go up.

If he can wait for the market to go up, then why not buy some coins and wait for the market to go up? This way, he will be having the maximum profit. Also, there is no such thing as  "worst time". I am assuming that by "worst time" you mean the time when the price starts to crash? How about considering that as the "best time" by thinking of the crash as a price discount?

Your arguments are valid but that is because you are thinking as a long term holder, my point is that many think they can be a long term holder only to discover they are not, there are things that can be quite challenging to understand and this is one of them I do not have any problems being a long term holder and it seems you do not have those problems either but most people do not have the necessary patience to do that so if they invest in bitcoin for the long term when they are incapable of holding that long they are going to get ruined.

[crzy]

yep it is time to buy more bitcoin and hold for long, bullish market will happen soon, but don't put all your money in bitcoin because many potential crypto out there that can pump more than the bitcoin so research the crypto first before you to invest.

So many good options and bitcoin is one of them. We should hold more bitcoin now because I can feel the bulls are coming now and we will make another good run this year. Diversify only with huge coins and don’t go for shitcoins, that the safest thing to do when you are investing.

[iqlimasyadiqa]

so far I'm sure of bitcoin so I bought bitcoin. I believe that the price of bitcoin will gradually increase and this is an opportunity to be able to buy bitcoin at a cheap price. Bitcoin is a long-term investment and I will achieve a bright future when I invest in bitcoin and digital currencies at the moment.

[ophyrim]

It is impossible to know the bottom of this drop. Maybe 3k maybe 2.4k or maybe we have already bottomed. But I am pretty sure that the people who are buying now will earn lots of money.

[michellee]

It is impossible to know the bottom of this drop. Maybe 3k maybe 2.4k or maybe we have already bottomed. But I am pretty sure that the people who are buying now will earn lots of money.

Before they can earn money from bitcoin, they need to wait for a while until the price can increase higher. I think there will be many others will want to buy bitcoin at the low price, and I am sure that they are waiting for a good moment to buy because the price is down. Maybe it's better to place order buy at many prices so we can get bitcoin in various price so we can sell some amount if the price break the higher price.

[ngusmin]

There is always time to buy when you have money, but don't expect too much to get big profits quickly, the market is still difficult and you must have extra patience to wait for recovery.