FanEagle
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Merit: 1129
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October 08, 2019, 06:03:06 PM |
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The $ 7000 target is still rational, because most likely the price of Bitcoin will indeed go there, but we cannot predict accurately, because predicting the price of Bitcoin is very difficult. But we can find references to last year's experience. The chart are almost the same.
Yeah, bitcoin's price prediction is quite hard as it not always goes as per your predictions but still I think 7000$ is most probable to occur. With any further decrease in the value of the coin, I would only prefer to wait and hold the coin patiently till the next pump... I see that bitcoin tried deeping to $7000 of recent before it eventually picked up again, it seems that the bulls are really trying their best to make sure that the market does not deep below $8k again, but if they are eventually over shadowed, I think the lowest we can ever get for now is that $7000. I would not be surprised at that though, because some months back, we already had some analysts forecast this too, but many of us ignored it and think it is fud, but what is being analyzed is that once the market deep to $7000, that will surely be the catalyst for the main bull run, but if I am to advise, I don't see the difference between investing now and waiting for It to fall to $7k, because its fall to $7k is still under probability, and prevention is better than cure so such an investor will not eventually fall victim of fomo.
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WatchMaker
Full Member
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Activity: 518
Merit: 104
PUFFY FINANCE
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October 08, 2019, 07:13:18 PM |
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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 suggest you wait until December/January maybe the price of bitcoin will fall. There is a chance for bitcoin price to fall before January 2020 and you can have an opportunity to buy bitcoin cheaper. Since you are planning to buy bitcoin for the long-term, January would a good time to start your investment.
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TriplexXx
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Activity: 176
Merit: 10
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October 09, 2019, 01:57:56 PM |
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Since you are buying bitcoin for the long term you don't need to ask whether to buy now or not because the market is unpredictable. the bitcoin price will rise today and fall tomorrow. you just have to trust your own gut and make a decision whether to buy now or not.
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joshy23
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October 09, 2019, 02:03:03 PM |
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Since you are buying bitcoin for the long term you don't need to ask whether to buy now or not because the market is unpredictable. the bitcoin price will rise today and fall tomorrow. you just have to trust your own gut and make a decision whether to buy now or not.
It's much safer doing that, trusting your own decision and wait whatever the outcome of your investment. It's hard to work inside this market a lots of possibilities to come forward only people who have a good views will gain benefits and enjoy there stay inside this market.
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cryptothreads
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October 09, 2019, 02:28:25 PM |
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Since you are buying bitcoin for the long term you don't need to ask whether to buy now or not because the market is unpredictable. the bitcoin price will rise today and fall tomorrow. you just have to trust your own gut and make a decision whether to buy now or not.
Everything is unpredictable and the market will have a lot of volatility in the future so all our predictions and analysis may be wrong without careful research. I bought some Bitcoin at $8100 because I think this is a very cheap price to invest and in the next few months the coin will tend to increase more. I have considered many times when making this choice and hope that the price of Bitcoin can return to $10,000 again. Of course the bear market is my biggest fear because if the bear market continues to be in the crypto market then I will not be able to make good profits and risk losing more money.
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wildey
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October 09, 2019, 03:55:59 PM |
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it seems like the price of bitcoin is currently rising, even past the wall of $ 8500, this is really interesting. those who could invest at $ 7,000 must be smiling at this price development. I don't know what information is making the current price of bitcoin and ETH rise, but it's good enough. some people also feel that moments like this could be the right time to buy bitcoin, but the risk will be greater.
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bitzizzix
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Enjoy 500% bonus + 70 FS
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October 09, 2019, 04:46:30 PM |
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Yes, this is good news for bitcoin users because bitcoin has begun to rise and has now reached more than $ 8,500. and if you want to invest in it, it's better to buy now before bitcoin goes further and I'm sure bitcoin will continue to rise to reach the highest price and I'm sure of that.
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DeathProxy
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World's First Crowd Owned Cryptocurrency Exchange
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October 09, 2019, 10:58:48 PM |
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This is a highly unpredictable matket where anything can happen in a twinkling of an eye. For many this might be the best time to invest in bitcoin for others they would want to wait for another dump in the price of bitcoin. I will suggest you buy now, with the many adoption coming for bitcoin it will be safe to say it's not a wrong investment decision for buying bitcoin at this price
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gulypz
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Activity: 476
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October 09, 2019, 11:20:25 PM |
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I entered a bitcoin purchase around 7450 DOLLAR but the price did not fall until there. It's $ 7800. I could not buy. Such situations may occur. It was a bit sad, but I keep following.
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Ailmand
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October 10, 2019, 12:21:16 AM |
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If it is intended for a long term hold, I think waiting for another fall such as the same with the beginning of the year would just cost you an opportunity of buying cheap. No one here can give you the best advice since no one knows if what price will bitcoin be at the lowest. Just follow your own principle when investing.
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kynaz
Sr. Member
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October 10, 2019, 01:46:36 AM |
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This is a highly unpredictable matket where anything can happen in a twinkling of an eye. For many this might be the best time to invest in bitcoin for others they would want to wait for another dump in the price of bitcoin. I will suggest you buy now, with the many adoption coming for bitcoin it will be safe to say it's not a wrong investment decision for buying bitcoin at this price
Buy Bitcoin is never too late in this market as Bitcoin investment trends are still very high this year and this is still a good investment if you hold in the long term. This market may have a lot of volatility but it will recover in the shortest time so if considering investing, do it now. I don't know what price will happen in the future but surely bear market will end this year and investors can make a profit from this market.
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doomloop
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October 11, 2019, 05:33:20 AM |
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The $ 7000 target is still rational, because most likely the price of Bitcoin will indeed go there, but we cannot predict accurately, because predicting the price of Bitcoin is very difficult. But we can find references to last year's experience. The chart are almost the same.
Yeah, bitcoin's price prediction is quite hard as it not always goes as per your predictions but still I think 7000$ is most probable to occur. With any further decrease in the value of the coin, I would only prefer to wait and hold the coin patiently till the next pump... I see that bitcoin tried deeping to $7000 of recent before it eventually picked up again, it seems that the bulls are really trying their best to make sure that the market does not deep below $8k again, but if they are eventually over shadowed, I think the lowest we can ever get for now is that $7000. I would not be surprised at that though, because some months back, we already had some analysts forecast this too, but many of us ignored it and think it is fud, but what is being analyzed is that once the market deep to $7000, that will surely be the catalyst for the main bull run, but if I am to advise, I don't see the difference between investing now and waiting for It to fall to $7k, because its fall to $7k is still under probability, and prevention is better than cure so such an investor will not eventually fall victim of fomo. Even if we don’t follow our heart, this is great time for making significant investments into bitcoin because we all know that bitcoin is often touching sky and it is heart for majority of investors to buy it at that time. I am pretty sure that all those who long for good money are collecting bitcoins at present.
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Darooghe
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October 11, 2019, 08:58:20 AM |
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If you are a holder then it doesn't matter when you buy BTC. Just buy and leave it alone. I do believe Crypto is still in infant stage and we are still yet to see what comes in the future.
Buying anything for $8,500 is always smarter than buying the same thing for $20,000, no matter what happens to it in the future, it can't dumb down any more that this. there were a lot of people who didn't buy in the early months of this year because they were sure it was going down to $500, the $500 never came, and they missed out on buying at $3,000. Still There are TA guys saying we are going to test $3,000 and even lower. If they had known the future price of Bitcoin or anything else they would have been billionaires already. Ignore them and buy now.
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EdenHazard
Legendary
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Activity: 2674
Merit: 1048
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October 11, 2019, 09:32:54 AM |
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This is a highly unpredictable matket where anything can happen in a twinkling of an eye. For many this might be the best time to invest in bitcoin for others they would want to wait for another dump in the price of bitcoin. I will suggest you buy now, with the many adoption coming for bitcoin it will be safe to say it's not a wrong investment decision for buying bitcoin at this price
There's no better feeling than realized your bitcoin value increased up to 50% overnight ... makes sure you guys didn't missed every single minute as you said this is wild unpredictable market ! Buy it now but you should split your money like ... 15% buy it now 5% next week 5% next two week 5% next 1 month 30% total , save the rest of 70% in case there's a huge drop you can buy it back with the same pattern. So you will just follow to the dip and get your profits later at once! Believe me it's delicious having your investment grow faster than any other investment.
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SummerBliss
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October 11, 2019, 02:54:47 PM |
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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 that market is going to witness another correction after few days and prices might go low to $6500-$7000 and that might be the right time to invest your savings in btc and be sure to hodl it until the right time when prices surge high.But speaking frankly its your own decision when you are willing to invest in the market so you can seek advice from others but do according your mind.
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NewRanger
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October 11, 2019, 03:15:02 PM |
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I think bitcoin will make correction again before continue bullish trend.i am waiting bitcoin price drop again on around 7041 or even on 5770.but i don't know it could happen or not.so far i know i must carefully take decision on current condition.we must take position with maximal profits potency .i am okay if i miss the opportunity than i have to loss my money.be patient and wait best price to buy bitcoin.
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adroitful_one
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1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
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October 11, 2019, 04:52:25 PM |
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There may not be a better time than now to buy Bitcoin. Whenever it rallies and hits a new all time high, the correction might not even hit $10k again. It's still relatively close to where the low has been during this bear run. If you're going to hold until the next bull run at least, now is a good time to buy. Buy now, then sell somewhere around the next all time high. Then, buy it back when it dips again. You'll be happy you did.
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jazmuzika217
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October 12, 2019, 09:38:04 AM |
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I think it is time to buy bitcoin while the price is low and don't wait for another price roll back. Don't be greedy because it will drive you going to loss. All we know that bitcoin is fast moving coin and anytime it's price will rise and recover. Don't wait the opportunity to stored and hold bitcoin because you will earn when the price will rise again.
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alan2here
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October 12, 2019, 11:52:02 AM |
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I think it is time to buy bitcoin while the price is low and don't wait for another price roll back. Don't be greedy because it will drive you going to loss. All we know that bitcoin is fast moving coin and anytime it's price will rise and recover. Don't wait the opportunity to stored and hold bitcoin because you will earn when the price will rise again.
Currently, only Bitcoin is the only coin that can help me to make good profits in the long run because the trend of Bitcoin investment is on the rise in the past 2 years and many more top investors are turning to this market. I think with the above reasons, we can be sure that Bitcoin price will rise soon in the next few years, so if you have participated in this market, it is best to hold more than 80% of Bitcoin. There may be a lot of changes happening but we have the right to hope for a good future of this market because cryptocurrencies are in the process of changing this world.
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supercanada1
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October 12, 2019, 07:26:13 PM |
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Right now, bitcoin is at the price which is quite low as compared to the last pump and those who really want to have great money are at present hunting bitcoin because the market is pushing it towards pump. So many people are buying bitcoin and putting it in their wallets to show great increase in the number of holders. Great holdings generate great money.
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