furenaire123 (OP)
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August 01, 2019, 10:12:53 AM |
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As we noticed the price volatility of Bitcoin when it reached ($13k, the highest price for this year at the moment) and then suddenly the price drops at $9k.
And today bitcoin price is about $9,900. So I'm just wondering 🤔 is it now the great time to buy bitcoin or should I sell? Can you give me some of your opinions? Thanks in advance. 😁
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livingfree
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August 01, 2019, 10:44:41 AM |
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How long do you plan to stay on this market? if you are good for long term it's a good call to start buying now and set your price until you sell. Usually investors are buying at the bottom and if this would be the last chance to see 4 digits then buy.
But if you think that bitcoin has been inconsistent and you think that it won't go up again soon, you better observe first before buying. This is my opinion but it's not an advice for you to buy, you should still stand on your own decision not with others.
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Lucius
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August 01, 2019, 11:04:36 AM |
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furenaire123, Bitcoin is after long crypto winter started showing signs of recovery just some 4 months ago, and my opinion is that this is not good time for selling if you are interested for long-term holding. Short-term price can go down and up, but in next 1-3 years from now we should see new big bull run which can push price above last ATH.
There is just a big selling pressure when price was close to $14 000, and it is normal thing considering that most people take profits if they have the opportunity to do that. Now is not bad time for buying, but you can risk and wait lower price - but Bitcoin is mostly show best results in terms of price in the last quarter.
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Baofeng
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August 01, 2019, 11:09:19 AM |
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As we noticed the price volatility of Bitcoin when it reached ($13k, the highest price for this year at the moment) and then suddenly the price drops at $9k.
And today bitcoin price is about $9,900. So I'm just wondering 🤔 is it now the great time to buy bitcoin or should I sell? Can you give me some of your opinions? Thanks in advance. 😁
It's pretty obvious that the price can still go up in the next couple of days. So the best advise that we can give to you is not to sell at this point. Although as you have mentioned the price suddenly went down after reaching as high as $13k. But that is the nature of bitcoin, it's very volatile and unpredictable. So If I'm in your shoes, I would rather hold for the long haul so that you can maximize your profits.
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cered
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August 01, 2019, 11:22:10 AM |
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In my opinion, Bitcoin's price will rise. So, for now - I've decided to keep my coins. To be honest, I even bought a few coins on the net, because I found a website with quite attractive fees. But, this is not good time to sell - that's for sure ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Be patient
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ethereumhunter
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August 01, 2019, 12:29:17 PM |
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As we noticed the price volatility of Bitcoin when it reached ($13k, the highest price for this year at the moment) and then suddenly the price drops at $9k.
And today bitcoin price is about $9,900. So I'm just wondering 🤔 is it now the great time to buy bitcoin or should I sell? Can you give me some of your opinions? Thanks in advance. 😁
That will depend on yourself. But for me, this time we still have a good time to buy more bitcoin but don't buy in a large amount if you are not sure with the price later. You can make an order buy and split it into 3 orders price to buy bitcoin, and you can also place an order sell at any higher price so you can have an order buy and sell bitcoin at the same time. You can see what will happen later by doing that and if the price later is down, then your order buy will be filled. That will happen too if the price increase later, your order sell will be filled too.
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Lucius
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August 01, 2019, 12:33:13 PM |
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In my opinion, Bitcoin's price will rise. So, for now - I've decided to keep my coins. To be honest, I even bought a few coins on the net, because I found a website with quite attractive fees. But, this is not good time to sell - that's for sure ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Be patient Are you joking or just promoting that site? How fees on that site can be attractive when you need to pay $10700 for one Bitcoin? Maybe you should check some other crypto exchanges and save a lot when buying Bitcoin -- > https://www.cryptofeesaver.com/exchanges/fees/coins/bitcoin
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BrewMaster
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August 01, 2019, 02:13:22 PM |
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it wasn't a sudden drop to $10k and below it took a lot of time and a lot of dumping to get there. as for buying it will come down to your strategy with bitcoin. if you plan on day trading then with a higher risk right now anything below $10k and closer to $9k is a good place to place buy orders and anything above $10k is a good place to sell since for the time being we are only seeing sideways action. you also have to accept the risks that come with this strategy. if you are an investor (longer term) then anything around $10k with + or - $1000 is a good entry point since we are in an accumulation phase.
today's price was $1050 ish by the way.
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There is a FOMO brewing...
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BitHodler
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August 01, 2019, 02:30:24 PM |
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I think the best bit of advice to people thinking about selling is to sell a portion right now. The reality is that the temptation to sell will no longer be a temptation but reality the moment the price takes another dump.
Lowering your exposure to Bitcoin or any other crypto when you are in doubt will help you to avoid stressing out too much, especially when you are here just for the profits and don't really care much about the fundamentals.
I remember last year how people almost laughed at panic sellers for selling around $10k while most emotionally attached hodlers kept hodling. It's clear who had the last laugh when we dumped to $3000.
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BSV is not the real Bcash. Bcash is the real Bcash.
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exstasie
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August 01, 2019, 06:34:03 PM |
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As we noticed the price volatility of Bitcoin when it reached ($13k, the highest price for this year at the moment) and then suddenly the price drops at $9k.
And today bitcoin price is about $9,900. So I'm just wondering 🤔 is it now the great time to buy bitcoin or should I sell? Can you give me some of your opinions? Thanks in advance. 😁
First things first: take everything said here with a grain of salt. No one knows with a high degree of confidence what will happen. I think price action is likely to play out similarly to one of these projections. For xxxx123abcxxxx, I'm referring to "Bull Scenario (Preferred)." https://bitcointalk.org/index.php?topic=5140701.msg51912807#msg51912807https://bitcointalk.org/index.php?topic=5128394.msg51975328#msg51975328Bigger picture, my opinion is there could be more downside in the mid term, possibly down to the $8,000s. However, there is no guarantee of that, and in the scheme of this correction's trading range, selling below $10K = selling pretty low. Better to buy in the $8K-$10K range and sell above it.
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snipie
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August 01, 2019, 06:59:46 PM |
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As we noticed the price volatility of Bitcoin when it reached ($13k, the highest price for this year at the moment) and then suddenly the price drops at $9k.
And today bitcoin price is about $9,900. So I'm just wondering 🤔 is it now the great time to buy bitcoin or should I sell? Can you give me some of your opinions? Thanks in advance. 😁
This old question since the resurrection of bitcoin is still being asked ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Those who did not join the club from <$10 had heart attack Those who did not own a single satoshi at <$100 had a stroke Those who did not buy anything at <$1k are crying Those who still asking should i buy under $10k should attend history sessions about our greatest cryptocurrencies, ever!
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figmentofmyass
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August 01, 2019, 07:17:20 PM |
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today's daily candle close (in 5 hours) might be informative. as we speak, buyers are rallying above the local high from last week. ($10248 on coinbase) so IMO one of two things can happen here:
a) sustained buying comes in and bulls hold the line at $10250, bear trapping everyone who sold in the $9000s b) this mini rally will end as a wick on the daily chart and sellers will hold this level
it's a nail biter at the moment. i'm feeling slightly bullish here but keeping my expectations in check. little rallies like this have been getting sold into pretty hard for the past few weeks.
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Wind_FURY
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August 02, 2019, 08:49:33 AM |
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OP, no one made any big money by selling, ask the non-believer who sold under $1,000 because he said that Bitcoin will die "in a few years". I believe it was in 2016 when he blogged about it.
He sold, then went to work on R3.
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michellee
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August 02, 2019, 11:30:22 AM |
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When you can buy bitcoin yesterday, today you can see you are making a profit because the bitcoin price now increases up to $10k. But if you don't buy bitcoin, then I think now you should wait for a while until you see bitcoin price down again. Your decision will give an effect to you and related to the market, and you should analyze by yourself. You don't have to follow other people suggestion if you do not make any analyze because sometimes the information from them is not right.
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Juggy777
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August 02, 2019, 12:36:44 PM |
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As we noticed the price volatility of Bitcoin when it reached ($13k, the highest price for this year at the moment) and then suddenly the price drops at $9k.
And today bitcoin price is about $9,900. So I'm just wondering 🤔 is it now the great time to buy bitcoin or should I sell? Can you give me some of your opinions? Thanks in advance. 😁
Bitcoin prices are always volatile they’re never stable, and the price swings you have mentioned are really normal, now about your question I would recommend you to simply hodl them. If you see currently prices are $10500 at preev, and it seems to me that they’ll only rise further. I would advise you to buy on every dibs, hence if prices come down again to $9300 levels then you can buy it.
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Slow death
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August 02, 2019, 06:09:12 PM |
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As we noticed the price volatility of Bitcoin when it reached ($13k, the highest price for this year at the moment) and then suddenly the price drops at $9k. something normal So I'm just wondering 🤔 is it now the great time to buy bitcoin or should I sell? I think you should read this article: Bitcoin Passes New Milestone as Network Mines 85% of Its Total Supplybitcoin is limited and the more people entering this market the price will increase, this is a good long term investment Can you give me some of your opinions? Thanks in advance. 😁 I already gave my advice, but I suggest you do not depend on the opinion of random people, do your own research
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virasog
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August 02, 2019, 06:38:33 PM |
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As we noticed the price volatility of Bitcoin when it reached ($13k, the highest price for this year at the moment) and then suddenly the price drops at $9k.
And today bitcoin price is about $9,900. So I'm just wondering 🤔 is it now the great time to buy bitcoin or should I sell? Can you give me some of your opinions? Thanks in advance. 😁
A few days ago Bitcoin was nearly 9200 dollars. Today again it is crossed $10500. The volatility in Bitcoin is very high these days, but I think under 10000 dollars is a safe buy. Bitcoin can reach 15000 to 18,000$ in the next move, so it is best to buy right now.
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Reid
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August 03, 2019, 05:58:10 AM |
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Always been a good time to buy whenever you see a price fluctuates downward in a scale of thousands of dollars. Before it went to almost 20k then back to 6k. That is the buy point now. Wait for just months and then here you are. 3k USD in profit without even doing a thing. Where could you pick 3k USD in the streets? Unless you are some pickpocket then you could not accumulate this by just walking in the street or even trying to beg for alms. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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pieppiep
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August 03, 2019, 12:12:36 PM |
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Bitcoin can reach 15000 to 18,000$ in the next move, so it is best to buy right now.
That will make people are still waiting for the price, and they will buy more bitcoin if they have more money. I think that it could be possible to happen in the next moves because bitcoin price now still below than $13k and we could hope that it will increase higher soon. Bitcoin price now still be a good time to buy for people who miss the low price yesterday so they can have bitcoin now. But they cannot expect to see bitcoin price moves so fast because that will depends on the demand on the market.
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EdenHazard
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August 03, 2019, 01:34:21 PM |
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And today bitcoin price is about $9,900. So I'm just wondering 🤔 is it now the great time to buy bitcoin or should I sell? Can you give me some of your opinions? Thanks in advance. 😁
I just wondering too, what your intention now? In one side I got your point that you have an intention to buy bitcoin which is mean you don't have bitcoin and you will buy it but in other side you say that you will sell bitcoin which is mean you have bitcoin already. So, what is your point? Buy, hold or sell bitcoin? There is no good time to buy bitcoin AFAIK, depend on your strategy to get profit. You can choose long term investment and you can buy it in any price situation. Unless you need a short term profit then you have to pay attention where is the support price and the resistent price, so you can buy it at the right price and you can sell it as your strategy that you have.
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