The BEST time to buy bitcoin is not there yet,but coming soon, don't miss it !

[exstasie]

Getting a worse price later on is infinitely better than getting a better price now? Interesting investing strategy. though the math on that doesn't really pan out ;p

Tell that to the bulls buying dips all the way down through 2018, thinking it was the bottom every time.

You thought $6K was bottom, right? Your investment would be down 40-50% right now, and that's assuming you managed to buy at $6K. In general, people buying based on that bottom obviously would have bought even higher.

This is still officially a downtrend. Nothing but lower highs and lower lows. The long term MAs continue pressuring price down. With that in mind, you should assume price may crash again. At $1,500 your investments from $6K+ are starting to look unbelievably shitty, aren't they?

If you do the math and account for the risk, then waiting for signs of an actual reversal is much smarter. I appreciate you knife catching bulls but I also think you guys are sort of crazy.

[barota]

i think bitcoin can pump from these price to 4600 (25) in 24 hour  . russia will invest in bitcoin   and the whale can buy large some of bitcoin . do not forget
bitcoin
1 btc .... 3400 usd cheap cheap
bitcoin can pump hard at any moment .

[mikeywith]

Getting a worse price later on is infinitely better than getting a better price now? Interesting investing strategy. though the math on that doesn't really pan out ;p

The only reason I would see for that is if you don't believe in Bitcoin and aren't sure it is going to go back up so you'd rather wait for signs that it is for sure going to go up and get less buying power than get a better deal earlier when you are scared Bitcoin might disappear.

ever wondered why people pay more interest rate for longer period loans? there is a time factor that you seem to be missing out, buying time is more precious than you think.

i am not satoshi, i honestly don't put much hope in bitcoin, i as an investor, i like to invest my money where it grows, by keeping it there for a say year not making me any profit is something i call "Stupid".

but if you, or anybody else for that matter, have nothing else to do with that money for a whole year and BTC is all you know  - by all means you this strategy shouldn't be of any sense to you, just buy in right away.

[1Referee]

having said that, if you really don't care don't about your money sitting there doing nothing, it makes all sense to buy now, keep some if the price drops.

I'm that type of hodler yeah. I gladly buy the market down without being bothered by the overall $$ value of my holdings going down in the short term. I know that it will pay off in the long run, and that's what I focus on here. I know that it may sound cringe worthy considering how many short term traders there are here, but it paid off for me back in 2015/2016 and I'll happily do it again.

From a trader's to mid term investor's perspective everything you said definitely makes sense. Thanks for the time you put into your counter reply.

[buwaytress]

When Bitcoin hits $5k, 10k and beyond... what's that 2.3k difference going to look like? Especially if it never came and you held out on buying now?

you make a lot of sense, but you know that if we drop to 1k then you buy about 3 btc for each btc you can buy now, but that's not a big deal to some people, however this is not my major concern, it's the "how long" that gets me, i am not the best hodler minded out there, i don't like to keep my fortune stuck for a long time doing nothing, i am pretty sure nothing bullish is going to happen before at least Q4 of this year, i wouldn't want to put my money in bitcoin now and watch it do nothing , some people might be okay with that tho.

Oh for sure, I do get that logic, but I still feel it's a risk too big to take to wait for the opportune moment, when the long-term view is of a certain time and amount, which more or less makes the difference between 1k and 3k negligible. Besides, most of us at most could only entertain fractions of BTC, (unless I underestimate how many of us could be whales!)... so even for me at most I'm talking about the difference between owning 1 BTC now and 3 BTC, over the period of several months.

Anyway, you should hold to where you're comfortable. This may be a game to some, but most of us have real lives and real expenses. Good luck to you!

[omonuyak]

It is very hard for one to actually know the best time to buy bitcoin and I think every time is good for buying bitcoin it mostly depends on the type of trader you are.  Bitcoin may recover from the current price and it might go down a little and we are limited on how it should be.

[Harlot]

The problem I see about using the golden cross is you already missed the right opportunity before the cross even happens, so using the golden cross alone won't detect any kind of reversal in the charts. If you want to be more accurate you must also use RSIs, MACDs, as well as its volume in order to support those moving averages. Also the hardest thing is keeping track on their latest candles which is crucial on detecting any kind of bullishness in the chart. The golden cross is like a monitor in which it would only say "Yes we are now in an up trend".

[boty]

It is very hard for one to actually know the best time to buy bitcoin and I think every time is good for buying bitcoin it mostly depends on the type of trader you are.  Bitcoin may recover from the current price and it might go down a little and we are limited on how it should be.

if you see price movements on existing charts, it is indeed very difficult to be able to determine the right position to buy coins because all of those possibilities can happen up and down the price of bitcoin no one will know, when you want to buy you only need to be brave to take risks.

[thecodebear]

Getting a worse price later on is infinitely better than getting a better price now? Interesting investing strategy. though the math on that doesn't really pan out ;p

Tell that to the bulls buying dips all the way down through 2018, thinking it was the bottom every time.

You thought $6K was bottom, right? Your investment would be down 40-50% right now, and that's assuming you managed to buy at $6K. In general, people buying based on that bottom obviously would have bought even higher.

This is still officially a downtrend. Nothing but lower highs and lower lows. The long term MAs continue pressuring price down. With that in mind, you should assume price may crash again. At $1,500 your investments from $6K+ are starting to look unbelievably shitty, aren't they?

If you do the math and account for the risk, then waiting for signs of an actual reversal is much smarter. I appreciate you knife catching bulls but I also think you guys are sort of crazy.

I was replying to a post you made in which you specifically said you'd rather buy higher later on than buy lower now. You said you'd rather get a worse price. You said $4k+ later on is better than $3000s now. That makes no sense. You didn't address that at all in this reply.

Anyway, I ain't catching no knife, I'm buying up the bottom and have been ever since it went under $4000. If it happens to drop even lower I'll be buying it up at that price too. Whatever the bottom is I'm buying it because I'm buying the whole thing, cost averaging it out. If $3100 in December was the bottom, great, I already bought in the $3100s, and the $3200s, and $3300s and $3400s, and so on for months. If it drops to $2000s great I'll be buying there too.

Whereas you are guaranteed to miss the bottom, and there is no way to know if a price rise is the beginning of the bull market or not, so you'll have to wait a while after the price starts going up, so likely you'll be buying way off the bottom, meanwhile I'll have spent many months buying up the whole bottom range! I like my strategy infinitely better than yours!

[exstasie]

Tell that to the bulls buying dips all the way down through 2018, thinking it was the bottom every time.

You thought $6K was bottom, right? Your investment would be down 40-50% right now, and that's assuming you managed to buy at $6K. In general, people buying based on that bottom obviously would have bought even higher.

This is still officially a downtrend. Nothing but lower highs and lower lows. The long term MAs continue pressuring price down. With that in mind, you should assume price may crash again. At $1,500 your investments from $6K+ are starting to look unbelievably shitty, aren't they?

If you do the math and account for the risk, then waiting for signs of an actual reversal is much smarter. I appreciate you knife catching bulls but I also think you guys are sort of crazy.

I was replying to a post you made in which you specifically said you'd rather buy higher later on than buy lower now. You said you'd rather get a worse price. You said $4k+ later on is better than $3000s now. That makes no sense. You didn't address that at all in this reply.

I said I'd rather buy higher at the beginning of a confirmed bull market then buy now in the middle of a bear market. At the beginning of a bull market, price will continue rising. 2 months off a brutal crash in the middle of a bear market? Price will probably continue falling.

That's what I was addressing with the above post. You have no idea if the bottom would be $6K or $3K or $1K. I'm trying to conserve capital and make profits, not bleed away capital and wait years for recovery. Buying into a bull market is a much more reliable way to do that.

For clarity, this was the original post:

The chart will tell us when the golden cross occurs. Then we can react.

I agree with him. People averaging down into this market and letting their losses run obviously have money to burn. If you're concerned with preserving your capital, buying at $4K+ off a golden cross 9 months from now is infinitely smarter than buying now.

Getting a worse price later on is infinitely better than getting a better price now? Interesting investing strategy. though the math on that doesn't really pan out ;p

Whereas you are guaranteed to miss the bottom, and there is no way to know if a price rise is the beginning of the bull market or not, so you'll have to wait a while after the price starts going up, so likely you'll be buying way off the bottom, meanwhile I'll have spent many months buying up the whole bottom range! I like my strategy infinitely better than yours!

You called $6K the bottom range too. Since we crashed to $3K, your average "bottom range" price is now no better than waiting for a theoretical golden cross at $4-5K. And if we fall to $1K, you will be in a much worse position.

Catching the bottom really shouldn't be the goal, and averaging down means you called the bottom too early anyway.

[coinluisa]

Every time is a best time to buy bitcoin so we can't miss anything but of course not all are afford it so they do some strategy so they can buy bitcoin. I know the best ti.e of bitcoin will come soonest just be patience and hodl.

[WinslowIII]

Why ? Whhhyy would it make the same thing again? What makes it sooo sure that it will happen again. I can't really believe people who keep on thinking bitcoin did something once and it will do it again, why don't you guys understand just because something happened once it will happen again.

Why would it pass that golden cross again, maybe it wont ? I mean I understand its bitcoin and price will probably go up one day or another and even if it takes 20 years bitcoin will go up again but why does it have to be according to the chart ? Have you ever looked at all the charts that were shared here all this time  ?

Almost ALL of them were wrong and none of them found the perfect time to get into bitcoin, there has been a lot of charts that said THIS is the time to join and all failed. I don't doubt bitcoin will increase once again but it has nothing to do with 2014-2015 and it has nothing to do with charts as well.

Why? it's the halving, dummy.

[Ararbermas]

the best time to be able to buy bitcoin is now because the current price is very cheap and it is still very safe to be able to buy as much bitcoin as you can, so you should be able to take advantage of the moment to buy bitcoin, before you are late to buy.

you are correct mate but unfortunately bitcoin still making a small dump which is another opportunity for us to get discount . So much better to wait for more results in fact market still not fine nowadays.  So lets keep monitoring the prices to get the most cheaper price.

[gabmen]

the best time to be able to buy bitcoin is now because the current price is very cheap and it is still very safe to be able to buy as much bitcoin as you can, so you should be able to take advantage of the moment to buy bitcoin, before you are late to buy.

you are correct mate but unfortunately bitcoin still making a small dump which is another opportunity for us to get discount . So much better to wait for more results in fact market still not fine nowadays.  So lets keep monitoring the prices to get the most cheaper price.

You can't expect to be able to buy at exactly the bottom dude. No one knows if the price will still drop hard or if it will start to move up. For me, an entry close to the 3k level is already a decent buy. Even if it goes down more, 3k will easily be broken when btc starts to recover.

[bitbunnny]

Of course, it's very possible that Bitcoin price can fall lower but you can't count on that and take it for sure. If you want to invest in Bitcoin you have to take certain risks and make decisions. Current price is prety decent and in some period of time the price will rise so you can count on profit. But like I said you have to also accept the risk of losing and have the stategy to recover.

[Juggy777]

Of course, it's very possible that Bitcoin price can fall lower but you can't count on that and take it for sure. If you want to invest in Bitcoin you have to take certain risks and make decisions. Current price is prety decent and in some period of time the price will rise so you can count on profit. But like I said you have to also accept the risk of losing and have the stategy to recover.

Hey if you keep searching answers of futures in the past you’ll never be able to see the opportunities that are there in present times, what if the op conclusion is wrong and bitcoins prices never go down? I feel we should not look at old charts as bitcoin is a volatile currency, and back then circumstances were different than they’re now. As we’re discussing here bitcoins has already gained up to 300$, which shows there is an upwards trend and I feel one should buy it now or regret missing out later.

[Slow death]

the real question is whether you want to take that risk of waiting for a lower price that may not happen or even if it happens you may not be able to catch it.

I agree. let's look at this week as an example: at the beginning of the week the price was $ 3400, after a few days the price dropped to $ 3350 and today the price reached more than $ 3670. so for those who were doing day trade with more than 1 BTC had a good week of profit

The worst possible thing to hear this year... 💔

research hard and develop some strategy to make a profit in this market

[mikeywith]

what if the op conclusion is wrong and bitcoins prices never go down?

I have not stated that we are differently going down,the  possibility is there and ignoring it is as stupid as buying bitcoin at 19k.

plus the point of this thread is to show you that there is no bull run coming anything time, assuming the 3k is bottom, then nothing above 5k is going to happen soon.

As we’re discussing here bitcoins has already gained up to 300$, which shows there is an upwards trend and I feel one should buy it now or regret missing out later.

if you think 300$ is a upward signal that you shouldn't be missing, good luck , you gonna need it.

[Febo]

Considering Bitcoin alone whole this year is good time to buy Bitcoin. Right now or in December.   What bothers me more is what will be the next financial crisis influence on Bitcoin. It will most likely happen at some point in next 3 years. 

[WinslowIII]

what if the op conclusion is wrong and bitcoins prices never go down?

I have not stated that we are differently going down,the  possibility is there and ignoring it is as stupid as buying bitcoin at 19k.

plus the point of this thread is to show you that there is no bull run coming anything time, assuming the 3k is bottom, then nothing above 5k is going to happen soon.

As we’re discussing here bitcoins has already gained up to 300$, which shows there is an upwards trend and I feel one should buy it now or regret missing out later.

if you think 300$ is a upward signal that you shouldn't be missing, good luck , you gonna need it.

That's funny. Bitcoin was stable in $6ks for months, and dumped to $3ks like over-fucking-night. Now bitcoin rose $300 to the mid $3ks you think that's a reason to fomo? gtfo