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Author Topic: Is This The Last Time To Buy Bitcoin Cheap  (Read 1317 times)
n0ne
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May 12, 2019, 02:25:59 AM
 #101

Market is not in our control, we have seen a massive growth in a very small time period. The same could fall back low to $3000 or even lower within weeks, might go high as $100k. This is how bitcoin is all about, and this is the one makes people fear about making some investment when the price keeps growing as well when the market is down.

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May 12, 2019, 06:12:28 AM
 #102

This same thought those who dared to buy bitcoins at $20K, and the consequences of their excessive enthusiasm are legendary. Few people in the world made a worse investment than those naive ones. That is why all the time we must be very cautious when deciding where to put our money. It is true that bitcoin's growth prospects are very good, but right now we are closer to returning to the $1K framework than to the $20K zone.

People said the exact same thing about those who bought at $1100 in Dec 2013. If in 2-3 years bitcoin price is $400k, those who bought at $20k and held will have amazing growth in their money. Never conclude shit about bitcoin buyers until things have time to play out.

What if this time around it's true that this is the last time to buy cheap, I mean when bitcoin will continue to rise and will breach its ATH, we might now see bitcoin fall back below $10,000 again. Well, lots of speculation and prediction especially in the bull market, we just have to make our own decision and believe on what we do.
It could be very possible, but we still need to be very careful in making our decision and not FOMO, so that we do not make the mistake most of us actually made in 2017 during the last ATH.

This increase in bitcoin is really impressive and most of us are already getting profit in our new investments, so the decision is actually left to us now to either take profit in this new investment or still continue holding till the next ATH which no one can tell yet what the new ATH will be and when it will be seen. The best decision I think will be for us to continue holding, there is still nothing to lose because no matter what he market condition will be, and bitcoin will still rebound back to the old ATH.
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May 12, 2019, 06:19:02 AM
 #103

This reads a little bit snake oil salesman'ish.

We don't know what will happen in the future to be honest, maybe it will fly to 100k then come back down to 7k - saying it is the last time.. no way of knowing that.
Just what like other poeple say, what go up, goes down. What go down, goes down. We can't predict the future, we just need to be ready, for me, it's always good to accumulate.

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May 12, 2019, 09:51:11 PM
 #104

Guessing on a bitcoin price is near impossible, but most indicators show that the price will continue to grow in 2019, I don't think we will see prices below $4000 again in 2019
I think its better just to dollar cost in, buy a little fraction of bitcoins each month instead of waiting for a cheaper bitcoins we might never see.
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May 13, 2019, 01:25:52 PM
 #105

I have been thinking with many predictions that Bitcoin has already hit the bottom at 3k during december. Charts already showing we are bullish and Bitcoin has been breaking certain resistance in past few weeks.

If the price keeps increasing steady I believe Bitcoin can hit 10K before the end of 2019. The higher the increase in the price of bitcoin the more fiat is needed to get a fraction the ultimate digital currency (BTC). The time to get some crypto and start learning trading bitcoin is now if bitcoin hits new ATH in the near future fiat would only be able to buy fractions of bitcoin.

 I believe the time is now for people who missed bitcoin in its early years or else only institutional investors would have the power of buying bitcoin!!

Your analysis is very correct and makes a lot of sense, since the market is going through a stage of accumulation, by basic theory it is known that it is always the best purchase option, it is considered the stage where all currency or stock will be cheaper to buy.

For the prediction that in the end you can reach $ 10k, it is very likely, in fact it will continue to rise and at any time you can make a correction, the market is in a stage where you can raise up to $ 9k because in that price is the delimitation of the range of accumulation, if it passes from there it may fall again, the accumulation stage can give this type of movement, the volatility is very large. Those people who are in LONG must open Positions where they have their take profit at different price levels so that they divide the profits and do not cut them, in such case they can program a Stop Loss assuming a short loss, this as a preventive measure.

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May 14, 2019, 08:03:51 AM
 #106

Judging at the current price now, IMO it's a yes.
We will not be seeing a cheaper price, last year and early this year was the only opportunity for us to accumulate, so I hope we made a good decision.

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May 16, 2019, 10:03:27 AM
 #107

Judging at the current price now, IMO it's a yes.
We will not be seeing a cheaper price, last year and early this year was the only opportunity for us to accumulate, so I hope we made a good decision.
From what I am expecting of bitcoin ATH this time around, I think anytime is still cheap to buy bitcoin from now till end of the year, from end of the year, it will keep getting difficult as it would no longer become cheap again, for a value that would have been half way into the new ATH.

This value now is still a reasonable price which I am still investing in, because I trust that we will not see any dip again for us to buyer cheaper than the rice we are seeing now.  So I don’t think that anyone really still interested in investing now has missed out that much as the fish to be caught is still so big and far bigger than what we see now.

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May 16, 2019, 11:13:10 AM
 #108

When it comes to Bitcoin I don't like using terms like last time, always, never and similar. Experience has thought me that Bitcoin is very unpredictible and when it comes to price it can move and change very quickly according to different factors and influences. So you can never know how high or low value could be and it what moment Bitcoin will turn to which price.
Probably in the moment when Bitcoin reached 20000$ many thought they will never be able to buy Bitcoin at low price. But now we know that wasn't true. So always expect unexpectable.

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May 16, 2019, 12:58:12 PM
 #109

If adoption is based rather on price the more valuable will be adoption and to think that bitcoin isn't known worldwide yet it gain price increase it is thinkable that future price of bitcoin will depend on adoption.
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May 16, 2019, 01:05:08 PM
 #110

When it comes to Bitcoin I don't like using terms like last time, always, never and similar. Experience has thought me that Bitcoin is very unpredictible and when it comes to price it can move and change very quickly according to different factors and influences. So you can never know how high or low value could be and it what moment Bitcoin will turn to which price.
Probably in the moment when Bitcoin reached 20000$ many thought they will never be able to buy Bitcoin at low price. But now we know that wasn't true. So always expect unexpectable.

I hear "last time to buy BTC cheap" since years lol. I learned how surprising Bitcoin can be and it often does the opposite we were thinking of, especially in the long term. People follow the trend I guess. If Bitcoin goes back to $5,000 we will surely see a couple of news claiming Bitcoin is (again) dead. But I know Bitcoin has a lot of things to show us.

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May 16, 2019, 01:58:40 PM
 #111

There is no perfect time,  when to buy Bitcoins if you are really rich.
I mean Bitcoin is a coin that keeps on increasing or decreasing, as if you see now then,  the price of Btc is increasing which is a good signal, so if you want to make profit, then just buy it now, whatever the price is.
Moreover if you scare then wait for it to come down and buy it and again wait for it to rise.
These are the two simple strategies that everyone follows.
Hope you get it now.

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May 16, 2019, 02:03:19 PM
 #112

This reads a little bit snake oil salesman'ish.

We don't know what will happen in the future to be honest, maybe it will fly to 100k then come back down to 7k - saying it is the last time.. no way of knowing that.
Just what like other poeple say, what go up, goes down. What go down, goes down. We can't predict the future, we just need to be ready, for me, it's always good to accumulate.
But at least if you try to predict then I'm sure you'll get a profit from it. Being  hodler is good indeed, because you will know how bitcoin growth up in the future. Let say if bitcoin up to 100k just in one night then you predict it so as you know the price will continue to down and you decide to sell it and intend to buy in the buttom. With the result that, you have 100k for buying bitcoin at 7k, so can you imagine how many profits that will you get? I guess it's a lot. So, prediction will make you comfortable when you have an investment.

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May 17, 2019, 10:22:50 PM
 #113

if you want buy Bitcoin cheap you should wait to prices drop under 2000 btc per btc  , i think bitcoin will crash next months
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May 18, 2019, 12:32:43 AM
 #114

Guessing on a bitcoin price is near impossible, but most indicators show that the price will continue to grow in 2019, I don't think we will see prices below $4000 again in 2019
I think its better just to dollar cost in, buy a little fraction of bitcoins each month instead of waiting for a cheaper bitcoins we might never see.
Agree completely with your opinion, you really will not be able to see that bitcoin will be able to go down again precisely this is the time when bitcoin will indeed increase and very positive movements have begun to appear. it is not impossible that the movement until the end of 2019 might be equal when in 2017.

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May 18, 2019, 06:52:20 PM
 #115

I think no, with volatile prices there will be an opportunity to buy at a low price, no one knows the future that bitcoin will continue to grow or experience free fall.

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May 18, 2019, 10:45:29 PM
 #116

We all don't know if this is the last time for us to buy bitcoin at a low price because, in the future, bitcoin price could be down as the price now.
If you see the low price now, it is better to buy bitcoin directly because who knows, tomorrow the price will be going to the higher price and you will lose your chance to buy bitcoin at a low price.
I think that will be the best decision which you can make so every time you will see a low price, you will buy more and more bitcoin.

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May 18, 2019, 10:57:32 PM
 #117

if you want buy Bitcoin cheap you should wait to prices drop under 2000 btc per btc  , i think bitcoin will crash next months


Don´t listen to him, he is bullish, I advise you to wait for single digits in the next days. I think (yeah only because I think without any reasons, I give you this great advice) BTC will crash so hard.
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May 19, 2019, 02:56:44 AM
 #118

I think no, with volatile prices there will be an opportunity to buy at a low price, no one knows the future that bitcoin will continue to grow or experience free fall.
No one actually knows but when we follow the price chart of bitcoin for the years then this will be the last etry to get into the bull run profits at the end of next bull market we may not see the current prices again.

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May 19, 2019, 03:57:54 AM
 #119

I'm going to say NO  Shocked

Love it or Hate it - I suspect I drawback to $5k... Tho that could happen after this rocket reaches high altitudes, runs out of gas, and plummets back to planet Earth.

I think that type of volatility is what traders like  Wink

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May 19, 2019, 04:10:03 AM
 #120

I think no, with volatile prices there will be an opportunity to buy at a low price, no one knows the future that bitcoin will continue to grow or experience free fall.
This is also what I considered. We can even see a huge dump, think about from $20,000 down to $3,000. For me, it's always a good opportunity to buy a cheap bitcoin. If you also believe in Bitcoin, you will buy and buy every dip and hold it for the long term. If we also base on the previous price actions of Bitcoin, we can still see more downsides but there's still a lot of room for upsides.

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