Buy now or wait for Bitcoin?

[semobo]

So your target for purchase has arrived,take the advantage of it before whales taking it.But for now nothing good for the prices to rise up so you can plan what you can do now and be ready to face the consequences by investing it.Seems like it stabled now after the sudden dump of Bakkt launch which means prices getting ready to take off again!

Actually, to buy bitcoin there is no word to say a good and the bad time especially for long term intention. Moreover if we see the fundamental analyst I mean bitcoin will face halving event and there is some companies who able to accept or make their own crypto has been proven that most people on this world have known it and they are still considering to buy it.

I don't have any idea to commenting Bakkt service at this time, I've been waiting for a long time to see this service be launched and even most crypto user is doing so. But when it was launched at 23 September a few days ago just give a negative sentiment to the market. I don't know it is just a trick from some whales to buy in the deep or indeed the service is not interested by most investor.

There is no perfect day in crypto life so we need to just buy it and also help other people to realize it so just said buy now even OP looking for this price to buy some bitcoins.

[michellee]

Hi all,

I want to invest some money in Bitcoin (long term investment)
It's better wait the next fall down (like the situation on December/January), or buy now?
Otherwise fixing a target for example 7000 or 8000 $ and buy in that moment?

Thank you in advance for your suggestion

I think it would be better if you would start to buy bitcoin, as long it doesn't reach it's price very high because if you start to buy bitcoin today you still have a chance to increase your profit if bitcoin also started to increase its price. It is the reason why a lot of people are starting to convert their fiat into bitcoin for them to gain profit.

I guess he needs to wait for a while because the trend now has changed. Bitcoin price now is down again so if he can analyze more about that, and I think he can be able to get a low price and not the price now. Maybe he can place the order buy at $7500-$7800, but that is up to him. We could suggest him to buy any price of bitcoin, but the final decision will be at him.

[FanEagle]

Why you are worried that could happen and no one knows if it really happens. I think you need to buy it now, instead of waiting for another fall.
This is a fair price to buy BTC now and it should go up from here towards 20k.

He was very wise with his decision, and I am sure he is not new in crypto, so he knows the truth! I think he was confused about investing and look market already at dip and price is decreasing day by day! Bitcoin at 20K BTC is a daydream, for now, it won't happen very soon for sure. I think he should wait more days to buy Bitcoin at a cheaper price!

If you feel it cannot happen again at any time, then you don’t know much about bitcoin, you could say that people are quite skeptical about investment nowadays because of scammers, but they have been skeptical since January this year after the way ICO became messed up last year and was not encouraging for investment again, but yet, we still saw the speed at which bitcoin used in spiking around April unexpectedly.

The same way that we never expected bitcoin to surge is the same way that the price of bitcoin will increase this time around also without any prior notice. So don’t think we can't see $20k soon, any factor could come in at any time to make the buying and investing in bitcoin interested very big investors today and we will see the price shoot up again.

[andreibi]

Well, the weekly candle will be final in less than 5 hours and the same with the daily candlestick. And both candles don't look too good, we might be seeing a cheaper Bitcoin at the start of the week.

But long term, yes, Bitcoin will rally before the halving and it is less than 230 days away.

[AicecreaME]

Well, the weekly candle will be final in less than 5 hours and the same with the daily candlestick. And both candles don't look too good, we might be seeing a cheaper Bitcoin at the start of the week.

But long term, yes, Bitcoin will rally before the halving and it is less than 230 days away.

Waiting is always the right choice for all of us to have big profits in the long run, having this bitcoin halving that would happen next year only means that the price would drop even more than what we are expecting, it is frustrating because we are in the bearish market for almost a year and the bull seems to be lost in space or still in the moon waiting to come again, but I'm sure something good will happen before bitcoin halving will happen next year.

It would be not bad if bitcoin's price would go up, up to $15,000-$19,000 before this year ends, we could have at least a good new year's celebration or christmas celebration when you celebrate one.

[EdenHazard]

Everybody dreams of buying from low and selling from high. However, it is almost impossible to achieve this within full limits. If you believe in Bitcoin, you should buy it maybe not always but at least at prices that you think are relatively low and wait for it to rise. If you want to make short-term profits, you should search the forum for topics like margin or daily trade. Good luck.

How about continue buying everytime it's falling down ... you'll just collect the rewards later which of course you need to be patient and looking for another unexpected skyrocketing price just like in 2016-2017 and 2018-2019 .. you know bitcoin always move up like a rocket so it's realistic!

Aand It's indeed not a financial advice , you should looking for elsewhere if you want to. But here's the thing ... bitcoin is something that I personally believed as a really long time investment more than real estate.

So I won't bother with any kind market situation... I'll just buy more when I think it's on discount and of course if I have some spare money to put in 

[trumpman]

Hi all,

I want to invest some money in Bitcoin (long term investment)
It's better wait the next fall down (like the situation on December/January), or buy now?
Otherwise fixing a target for example 7000 or 8000 $ and buy in that moment?

Thank you in advance for your suggestion

I say buy some now and then use some of your savings and buy a little every month as others mentioned before.

Also, what I wish I was doing right from when I started investing in BTC, is to not be afraid to take some profits. What I mean is that if you see a nice fat pump, don't be afraid to sell some thinking "what if it pumps more?". If it pumps more, you got yourself a nice profit. But usually it goes down, giving you a chance to rebuy more btc without actually spending a dime

[Finestream]

But long term, yes, Bitcoin will rally before the halving and it is less than 230 days away.

That's the thing I rely that makes me confident that bitcoin will not fall to its lowest since last year.
Bitcoin is now experiencing some dump, but it should not create a lot of panic as we have witness this kind of dump or even worse last year, and look what happen after, bitcoin this year starts to recover, stays over $10K for awhile and it brings back the confidence of the people into investing in the market.

[carriebee]

You can't time the market. In my opinion, you should do dollar cost averaging in order to get the opportunity to buy some bitcoin. The price of bitcoin is really staying more or less 8,000 USD and the perfect thing to do is to buy bitcoin from at least 20% of your capital and as the bitcoin's price go lower then you should buy more to lower your average purchased price.

Definitely a good decision to buy bitcoin at this price, buying while price less $8k is also good opportunity for us. Indeed we cannot time the price in the market but buying more every it’s dip could gives us gain profit when it recovers. We may see changes of price so we can wait and purchase btc.

[xSkylarx]

That's the thing I rely that makes me confident that bitcoin will not fall to its lowest since last year.
Bitcoin is now experiencing some dump, but it should not create a lot of panic as we have witness this kind of dump or even worse last year, and look what happen after, bitcoin this year starts to recover, stays over $10K for awhile and it brings back the confidence of the people into investing in the market.

Pump and dump is normal for any type of market. It is an opportunity for new investors or a chance to grab profit from their investment. Either way we should not be greedy when buying or selling. If it already dump like bitcoin from the previous days then don't hesitate to buy even if it goes lower, chill and wait for the pump again. No one knows if at this current price it will dump more or it will begin to pump.

[zander09]

You can't time the market. In my opinion, you should do dollar cost averaging in order to get the opportunity to buy some bitcoin. The price of bitcoin is really staying more or less 8,000 USD and the perfect thing to do is to buy bitcoin from at least 20% of your capital and as the bitcoin's price go lower then you should buy more to lower your average purchased price.

Definitely a good decision to buy bitcoin at this price, buying while price less $8k is also good opportunity for us. Indeed we cannot time the price in the market but buying more every it’s dip could gives us gain profit when it recovers. We may see changes of price so we can wait and purchase btc.

Buy now and for sure you will earn profit for the future, but if you think that the price will go down then it's good to wait and buy at the dip price. If you want a long term investment i suggest you to buy now and wait until the bull run happen.

[Meowth05]

Hi all,

I want to invest some money in Bitcoin (long term investment)
It's better wait the next fall down (like the situation on December/January), or buy now?
Otherwise fixing a target for example 7000 or 8000 $ and buy in that moment?

Thank you in advance for your suggestion

We never knew when or if bitcoin will decrease its price compared to its current price right now hence, we should take the advantages and buy as much as you can otherwise it will be your loss. Actually you can purchase whenever time you want since you were going for long term investment, bitcoin never stop wavering so if the time comes that you think your investment would gain an enough profit then that is the time for you to sell.

[clickerz]

Hi all,

I want to invest some money in Bitcoin (long term investment)
It's better wait the next fall down (like the situation on December/January), or buy now?
Otherwise fixing a target for example 7000 or 8000 $ and buy in that moment?

Thank you in advance for your suggestion

I think it would be better if you would start to buy bitcoin, as long it doesn't reach it's price very high because if you start to buy bitcoin today you still have a chance to increase your profit if bitcoin also started to increase its price. It is the reason why a lot of people are starting to convert their fiat into bitcoin for them to gain profit.

I guess he needs to wait for a while because the trend now has changed. Bitcoin price now is down again so if he can analyze more about that, and I think he can be able to get a low price and not the price now. Maybe he can place the order buy at $7500-$7800, but that is up to him. We could suggest him to buy any price of bitcoin, but the final decision will be at him.

Bitcoin below $10,000 is a good buy in my opinion. But be wary of market especially now that bitcoin reach below $8,000. My advice, buy on staggered  basis. If it dips further, buy again. Thats BTC cost averaging , and when market recovers its easy to recover your losses.

[Thirdspace]

I want to invest some money in Bitcoin (long term investment)
~
Otherwise fixing a target for example 7000 or 8000 $ and buy in that moment?

it's ~$8,000 now, have you bought some yet?
if I were you and have spare cash now then I would buy some without hesitation
since you are going for long term investment, you should just buy now
this is about the same price back in 2017 before rising to $20k

[gaston castano]

maybe you can ask to other, but they will give their suggest, finally you must make your own choice because its your money.
and some prediction maybe wont accurate and might you lose your fund.
investment always have risk,be wish to choosen.

[conected]

I want to invest some money in Bitcoin (long term investment)
~
Otherwise fixing a target for example 7000 or 8000 $ and buy in that moment?

it's ~$8,000 now, have you bought some yet?
if I were you and have spare cash now then I would buy some without hesitation
since you are going for long term investment, you should just buy now
this is about the same price back in 2017 before rising to $20k

- On the contrary, I am sure that I will have a lot of doubts and hesitation in this situation because you do not imagine yourself in his position, you are too relieved to make decisions when the risk in this investment is not for you. If you imagine this is your money and your investment, you don't make such an easy decision when the value of bitcoin is hovering, demand and market are in a process of determining direction, buying now is the same as we would bet between winning and losing, the ratio is relatively the same, and this ratio is not worth investing

[$Andreyka$]

Hi all,

I want to invest some money in Bitcoin (long term investment)
It's better wait the next fall down (like the situation on December/January), or buy now?
Otherwise fixing a target for example 7000 or 8000 $ and buy in that moment?

Thank you in advance for your suggestion

Distributing the budget will be much more efficient. For example, now, you can buy 20% Bitcoin, then wait until the price drops to $ 6,000 - 7,000 and place a buy order at 50% of the deposit, and leave 30% to add a position.

[carlisle1]

Hi all,

I want to invest some money in Bitcoin (long term investment)
It's better wait the next fall down (like the situation on December/January), or buy now?
Otherwise fixing a target for example 7000 or 8000 $ and buy in that moment?

Thank you in advance for your suggestion

The price already fell on the level that you've mentioned earlier and somehow goes under $8000, we're not even sure if this will be the lower price within the month. But you're planning to invest for a long term and in that case, the current price could be a good level to accumulate with just a portion of your capital so that if ever it goes even lower you still have a chance to buy much higher amount of it.

[Google+]

I think when the price of bitcoin has gone down a lot like the current condition of the price of bitcoin then this should be the right time to buy as much bitcoin as you can because you should be able to take advantage of the moment when coin prices are cheap.

[NutMasterTardd]

As much as I agree with the general consensus of not asking people online for trading advice, IMO Bitcoin isn't done yet, I think we will see a jump past $100k within the next few years then see it fall back to around $20k after. I also think many alts are going to jump up to 100x within a similar time frame when the next bull run happens. Once Bitcoin is higher then I would expect it to be stable and maybe in a decade the markets will be a lot less volatile and maybe Bitcoin will stay above $100,000 for a long time.