Is Now the Perfect Time to Buy Bitcoin?

[kaya11]

The price of Bitcoin has been consistently trading between a range of ~$9300 and ~$13,000 consistently for the last two months.

There seems to be very strong support levels at the $9300 range, which we are not too far from.

I've done a bit of technical analysis (see video below) to briefly outline why I think the price of $9,300 (if we hit it) will represent an amazing buying opportunity.


Video here: https://youtu.be/1oQLG62wbyU


This is especially true when the price of Bitcoin over the next several years could be in the hundreds of thousands.

What are other people thinking? It would be great to get other Bitcoin trader's opinions on this.

Whether you agree, or especially if you disagree I'd love to hear your opinion.

This way we can learn and consider a different perspective.

If you are asking me that then I would definitely tell you to buy now, there is no exact date to buy bitcoin, it is better to buy early that to just and wait for you to buy. 10 years from now you would not be regretting your decision of buying a Bitcoin now.

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[Webberson]

It has been seen before now that the bitcoin market had its resistance at the 10k range, and this said resistance, is gradually becoming a support range, because it has also been seen in recent times, that price has gone past the 10k value and back. So, putting this into consideration, i would say that now is actually a good time to buy.

[Reatim]

THis so. Matter of how much you can stand supporting bitcoin?because this trend may last for some time since the consistency of ups and down is really active

I might say this is the perfect time for those who can afford to wait if ever their capital stocked on the value they bought or even become lower.

What is very important if some might buy bitcoin today is the willingness to keep holding even when worst case happen

[CBANX3]

It's never too late to buy Bitcoin but, as per the current market analysis it favorable time to buy BTC. Bitcoin is oscillating between the range of $9,300 and $13,000 from last that suggest it has found support somewhere near $9k and it will take a high jump to bloom green soon, therefore, as an investment point of view its a very good time to buy Bitcoin.

[yazher]

It depends if you really strongly believe that the price will rise to Over $12,000 again. If not, then at least hold it a little longer since it has a very high chance that it will rise again. Mostly at this price rate, it's not a good idea to buy some bitcoin. wait a little longer at least from $8000-$9000 the best price to buy Bitcoin again If you are some big investor.

Anyway, If the price stuck this high then you have nothing to worry about at least you are not losing your investment. Just wait for that perfect timing to sell your Bitcoin and don't be too greedy just remember the volatility of the price can sometimes fatal as it goes down like -$2000 with no warnings when some whales are dumping.

[kryptqnick]

And also there is new possible ATH coming on bitcoin price that will make the price surge into the market.

Yeah I think we could easily see a new ATH between now and May 2020, and if not then, certainly before May 2021.

2020 is the halving but why one year after? You mean the time it takes for the bulls to wear off? I think that peak is coming at or near the halving, perhaps a bit afterwards but not a whole year later.

While halving is usually associated with the price growing, these two things are not causally related. Moreover, some expect that the World Economic Crisis is on its way, and in 2020 it will hit everyone hard. In that case, Bitcoin might fall along with other assets and take another year to recover. So spring 2021 sounds pretty realistic. Oh, not to mention that some think that Bitcoin is going to fall hard soon, that the bull run of Spring-Summer 2019 is almost over, and we are going to see something below $3k. So yeah, in that case, we are also not going to see Bitcoin rise in 2020.

[kotajikikox]

The price of Bitcoin has been consistently trading between a range of ~$9300 and ~$13,000 consistently for the last two months.

There seems to be very strong support levels at the $9300 range, which we are not too far from.

I've done a bit of technical analysis (see video below) to briefly outline why I think the price of $9,300 (if we hit it) will represent an amazing buying opportunity.


Video here: https://youtu.be/1oQLG62wbyU


This is especially true when the price of Bitcoin over the next several years could be in the hundreds of thousands.

What are other people thinking? It would be great to get other Bitcoin trader's opinions on this.

Whether you agree, or especially if you disagree I'd love to hear your opinion.

This way we can learn and consider a different perspective.

Yup price of bitcoin frombthis year raise to $13k compare from last year running in low price.
For me best time to biy bitcoin im a low price like started in $9k only. Then hold your bitcoin until get into a high rate of bitcoin.We all know this kind of strategy and I believe thats the way how you will earn from this crypto.But well alao we have different set of mnd of how we decide of what you want to do.Its up to us to decide but thats mu opinion I buy in a low price.

[Slow death]

I've done a bit of technical analysis (see video below) to briefly outline why I think the price of $9,300 (if we hit it) will represent an amazing buying opportunity.

the price dropped to $9750, it was a big price drop because it fell from $11000 to $9750. But let's look at everything as follows:

Imagine someone wants to buy to insure for 2 years, because that person would mind waiting for the price to fall to $9300? What difference would it make if this person bought now for $10,000 to hold for 2 years? I believe that if people are intend to buy to Hold for 2 years or more than 2 years, then it is okay buy now.

[tiedcoin]

It is always a good time to buy Bitcoin. The price at which the coin is sitting right now is only ideal for investors to invest in the crypto. So far in 2019, Bitcoin has been swinging between $9300 and $13000.
Forecasters are expecting Bitcoin to hit an all-time high by the end of 2019 and it is good news for all those already invested and for those looking to invest in it. It has been a trend of Bitcoin to fall before it hits high again.
Some investors start panicking seeing the trade in red but those familiar with the movement of Bitcoin will hold till they make huge returns on their investments.

[bright4mech]

For over two months now, the price has been fluctuating at the range of 9,000 to 13,000 USD, which is good to invest when it get a $9,000 for  a long time and profitable to invest.

[Janation]

The price is still moving, better watch it for now.

There are a lot of things to consider when it comes to the perfect time, the problem is that there is no perfect timing since we don't really know what might happen, we might sell at the best part but that means it is based on our luck. We can still sell or buy at the right time but I don't think people would do that consistently with the volatility of Bitcoin.

[antisocial77]

Because of bitcoin is mostly unpredictable, its hard to say its a good or bad time to invest.people were still buyimg at 20k and selling at 3k.the best thing is buy and forget for couple years.

[Twinscoin2017]

The perfect time to buy btc is normally on the time that it is low at price. I think it is more safe if we are going to wait than to invest in bitcoin today maybe it will drop down in the next few months from now. However we can still invests today but we need to be more patience in waiting.

[BUK2016]

Now is perfect time to buy if you want to be a long term holder because the holistic analysis of what expert are is that bitcoin value will be more than double of what it is today. And if you are short term trader then you should wait until the price drop below $10k then you buy and sell when it move above $10k in doing that consecutively you will make profit at the end.

[Bitcoin Seller]

Yes indeed it is good time to buy now that instead of worrying that Bitcoin price is suddenly falling then why not consider it as an oppurtunity to buy cheapest Bitcoin? We should not missed this chance as Bitcoin price will just rise up suddenly too making you to regret it.

It depends only on the person himself. If he is ready to start working with the cryptocurrencies, he will do it at any time. Moreover, Bitcoin is supposed to go up in the nearest 2 years. If you are ready to wait for it for long, do not have any doubts and invest in BTC.
If it happens that this crypto will fall, do not panic - simply go on holding it.

[fullhdpixel]

I am even still of the opinion right now that we could even deep lower than the $9300, and that would really be a very big chance for buying back, because of where the price of bitcoin is going to be in the next 2 months will be really an amazing one, so whatever dip we see now should also send signal to us as an opportunity to buy back.

Although not many people will have that opportunity to buy back though because of financial constraints, but for those that are still financially okay to buy back, there is nothing wrong in taking that risk, it is a risk that is really worth it and one that will make whoever took it really smiled, most especially those that are trading in a short term, they will always look for such dip to buy low and then sell high when they have profit.

[BTCEnthusiast2]

Yeah the trick with Bitcoin is that many people are waiting for the price to fall so they can get in at a cheaper price.

But Bitcoin is just getting more and more expensive...

Which is why the time to get in is now..

I've done a bit of technical analysis (see video below) to briefly outline why I think the price of $9,300 (if we hit it) will represent an amazing buying opportunity.

Video here: https://youtu.be/1oQLG62wbyU

By the way, excellent video OP, really good analysis of why to buy Bitcoin.

[Strufmbae]

 I can Revise the topic instead of "Is now the perfect time to buy bitcoin" INTO "I'll Regret if i buy bitcoin Soon, as many millionaires are waving". 
There are so many questions like this is this the time? when is the time.? there are no exact time because crypto is so volatile and what makes it cool its because of the value, unlike real currency it only grows when the stock of the market of a ceratin country needs help..  most people since 2009 when bitcoin was created till now regrets every doubt that they say..

[antisocial77]

its risky to say but i think for a long time its always a good time to buy bitcoin.bitcoin will be similar to gold.beside the big corrections, trend will be up generally.and we are still at beginning.

[Initscri]

Honestly, at this point in time, I wouldn't personally buy. I think due to hype, we may see a further dip and then maybe another climb. But that's honestly just my opinion.

It's better to buy now than it's hype peak (for obvious reasons)