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Author Topic: The price of Bitcoin is starting to weaken, is it now the right time to invest?  (Read 1427 times)
soenan (OP)
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July 05, 2019, 07:19:56 PM
Last edit: July 06, 2019, 01:55:04 PM by soenan
 #1

Hello, all ..
Today I see Bitcoin experiencing a price decline of up to $ 10,075, do you think it's now a good time to invest?
please advise from Bitcoiners, thank you.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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July 05, 2019, 08:09:38 PM
 #2

Most people i read are saying btc needs to go down to 8k and then the eventual bounce back. Right now i'm just investing in alts and trading there waiting on the big btc drop.

My advice is to wait more if you only want BTC, if you want to invest for the time go to SwitchDex.ag and buy some ESH.. They are pulling a bunch of work recently and the price is steady going up, highly recommend it. Plus ESH gives you dividends in ether just for holding the token.

Some other tokens are AGI, TRAC, LINK
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July 05, 2019, 08:57:40 PM
 #3

You'll have to make up your own mind. If anyone here knew where btc was going, well, then they'd all be super-rich.

Plus side, it's not at ATH levels, so room for profit. Downside is, well, the coin certainly could go down from here.

If unsure, just diversify a little, some in btc, some in top alts.
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July 05, 2019, 09:06:35 PM
 #4

Your decision whether or not to invest at this time should be based on your personal investment goals, never a bad time since the market is dynamic and can make(or lose) money short or long term. We are still in the early days of bitcoin, if you believe that, you will buy bitcoin even at a higher price
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July 05, 2019, 09:19:19 PM
 #5

Hello, all ..
Today I see Bitcoin experiencing a price decline of up to $ 1,075, do you think it's now a good time to invest?
please advise from Bitcoiners, thank you.
Honestly, no one knows when is the right time to invest on bitcoin. If everyone knew which time was the best, then everyone would have already been rich (or not. Since everyone knows about the "right" time, they might end up altering the event) by now. The price hasn't weaken. It is just struggling to break the $12,000 USD wall. There is a high chance this might happen. Just follow your intuition. If you think it is the right time to invest, then invest.

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July 05, 2019, 10:07:52 PM
 #6

Well, in my own opinion declining bitcoin $ 1,075 is not a good start to investing. Much better to wait if in case the value of bitcoin down below $9000 which i think is a minimum value were the bitcoin successively pump up to $13K. Just have a little patience and analyzed the chart were is best to time to invest.
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July 05, 2019, 10:37:18 PM
 #7

So far, the price of BTC is still stable at $11,087.44 and it is considered still minus from the previous price, around -3.94%.
But looking at the chart, the weekend may be the right time for the coin price to increase although only a small increase. And here, You can have a chance to buy the Bitcoin at this lower price and sell them when the higher price of course.

R


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July 05, 2019, 10:51:37 PM
 #8

I think that this is not the lowest price to which bitcoin will fall. Many people expect it to fall below $ 9,000 and I think it's quite possible and we should wait a bit.

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July 05, 2019, 11:03:18 PM
 #9

Hello, all ..
Today I see Bitcoin experiencing a price decline of up to $ 10,075,
Correction mate, you have to add one more zero and so I did with the quote. You might be misunderstood by others that doesn't check the price daily.

do you think it's now a good time to invest?
Yes, go ahead apply the logic of 'buy low / sell high'. If you find the price now sort of cheap, spend some of your spare bucks and start buying bitcoin. Before taking others suggestion, see to it that you have decided and no one's eligible to be blamed if bitcoin suddenly fell lower than your buying price.



 

 

 

 

 

 


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July 05, 2019, 11:15:46 PM
 #10

Initially, every time can be the right time to buy Bitcoin if we know the right moment and ways to make profits on it. However, it may be difficult because nobody knows about the next move of BTC. We can maximize our understanding by analyzing the market chart of BTC, the day of rising and dropping, and the cycle of the BTC price on the market. from those, I think we can see the right time to buy.
But for me, never only pick the ideas from other people, just do your own analysis, it will be better.
And here, you can buy some BTC and hold it until better price (depend on your strategy for trading or long term investment).

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July 05, 2019, 11:39:19 PM
 #11

Hello, all ..
Today I see Bitcoin experiencing a price decline of up to $ 1,075, do you think it's now a good time to invest?
please advise from Bitcoiners, thank you.
I'm sure when bitcoin experiences a slight decline I think there will be a lot of investors invading bitcoin to buy. because they are optimistic if bitcoin will experience a high increase and that will definitely happen

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July 05, 2019, 11:45:51 PM
 #12

This is a god time to invest in Bitcoin, if you can take the risk! Bitcoin price has declined today, if you invest now, then you can earn profit of at least 1K USD easily! But

But it depends on the trader also. We can tell him to invest right now but the risk involved should be clear to him that it is him alone that is responsible on that. No one is to blame if something goes in the opposite direction. But I'm pretty positive that bitcoin is going up in the next coming months and if I have extra cash, I still invest in bitcoin.
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July 06, 2019, 03:27:08 AM
 #13

Hello, all ..
Today I see Bitcoin experiencing a price decline of up to $ 1,075, do you think it's now a good time to invest?
please advise from Bitcoiners, thank you.

You can start from now or not at all, there is always a market correction and Bitcoin is still strong and shows that Bitcoin doesn't want to go down from $ 10k.
When I bought BTC at a price of $4k, many friends said that there would be a price reduction of up to $2900. But after I waited, the price of BTC rose slowly and I thought luck would be part of our choice.

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July 06, 2019, 03:27:44 AM
 #14

You should read this forum thread https://bitcointalk.org/index.php?topic=5160071.0
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July 06, 2019, 03:32:32 AM
 #15

Drops in price like this is pretty normal for bitcoin.
You will regularly see it pump that much too.
What you should look at is over the last couple weeks, everytime btc went below 10K, it bounced back up again.
Which means that we are looking at a new low of around 10k.

So anytime it approaches that would be a good time to buy.
Be careful to always buy when it dips and not when it pumps.
Even if you feel like you are going to miss out, just wait be patient.
Supply and demand will always rule and the price will drop.

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July 06, 2019, 05:32:29 AM
 #16

With the present price of bitcoin its only good for those who have the cash to buy bitcoin ,for me I can't buy bitcoin at 10k I'd rather buy other coins because bitcoin is still unpredictable ,one can buy at 10k and the price might start to fall which will be a total lose

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July 06, 2019, 06:48:08 AM
 #17

Hello, all ..
Today I see Bitcoin experiencing a price decline of up to $ 1,075, do you think it's now a good time to invest?
please advise from Bitcoiners, thank you.
I think this post was made in a wrong section this is because you are actually discussing Bitcoin of which it should be discussed at the Bitcoin discussion section and not altcoins discussion section.
As you know, altcoins depend on the dynamics of prices for BTC. When Bitcoin are in consolidation, the altcoins can start their bull game. Now BTC is in consolidation. It's time to look for good altcoins. Therefore, this topic may well be in the Altcoin section.

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July 06, 2019, 02:32:41 PM
 #18

Hello, all ..
Today I see Bitcoin experiencing a price decline of up to $ 1,075, do you think it's now a good time to invest?
please advise from Bitcoiners, thank you.
I think this post was made in a wrong section this is because you are actually discussing Bitcoin of which it should be discussed at the Bitcoin discussion section and not altcoins discussion section.
Regarding the topic that I made, now I realize that it's not here, I'm sorry for this error.

Hello, all ..
Today I see Bitcoin experiencing a price decline of up to $ 1,075, do you think it's now a good time to invest?
please advise from Bitcoiners, thank you.
Honestly, no one knows when is the right time to invest on bitcoin. If everyone knew which time was the best, then everyone would have already been rich (or not. Since everyone knows about the "right" time, they might end up altering the event) by now. The price hasn't weaken. It is just struggling to break the $12,000 USD wall. There is a high chance this might happen. Just follow your intuition. If you think it is the right time to invest, then invest.

as you say that nobody really knows when bitcoin will grow to a higher price. but at least it can be seen from the experience of a few years ago, because I don't know too much about the price of bitcoin the highest price, now I see in some exchanges the price reaches 10,000 USD more. as you say bitcoin is struggling for more than 12,000 USD. in my opinion if this is being fought for by Bitcoin I think now is the right time.
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July 06, 2019, 04:03:29 PM
 #19

Hello, all ..
Today I see Bitcoin experiencing a price decline of up to $ 10,075, do you think it's now a good time to invest?
please advise from Bitcoiners, thank you.

Yet, this isn't 1st time BTC has decreased, even at the beginning of 2018 the decline has been very pronounced compared to now.

If the problem is the right time to buy BTC, it's depends on your calculations and needs.
If you intend for the long term, I'm sure now is the right time, although I feel like in the near future it will decline again.

I am sure BTC will multiply (even more) its value starting in Q1 2020 or at least when halving occurs.

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masterrex
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July 06, 2019, 04:13:49 PM
Last edit: July 07, 2019, 04:57:56 AM by masterrex
 #20

Hello, all ..
Today I see Bitcoin experiencing a price decline of up to $ 10,075, do you think it's now a good time to invest?
please advise from Bitcoiners, thank you.
Weakening I dont see it now in fact Bitcoin was retained its $10000-$11000+ dollars level so its not weakening. Let the correction happen after it was done im sure it will return to the previous highs and another record will be attained so keep calm and continue to invest as long as you can afford it.
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