Buy now or wait for Bitcoin?

[BigBos]

My trading mentor said that I should not believe to the trading tips about the right time of purchasing a token. You will probably lose your money if you will follow the tips of fake gurus in the internet. It is better if you will just trust yourself.

So having a mentor or not is not the main thing because believing in yourself will be a good decision even though the results are not always good, and about when the right time to buy bitcoin I think it depends on your own goals. The price of bitcoin now seems to require us to wait for a lower price but that goes back to our goal, because in investment there are terms about the long and short term. So whatever your goals, then you alone can determine when the right time to buy.

Exactly, I also feel that mentors cannot guarantee our success in trading. although he does have experience, it's only a matter of time until we have the same experience. always believe in yourself. keep trying and experimenting, it makes you grow, and even you can have better potential than a mentor. your own decision will determine which direction you will go.

[gantez]

I saw this kind of same post from 2017.There people asked that is this right time to buy bitcoin? Maybe i loss the bitcoin train.that time bitcoin was 2000-3000. But i don't know after that what happened with them. Now bitcoin price is 8k$.its your choice man.check previous history and make an analysis about bitcoin then buy. Don't be late to buy bitcoin. If bitcoin hit  to 20k$ then you will regret. After all,invest at our own risk.     

Base on this and the fact that we are approaching the end of the year and with halving being expected next year, this might be a nice time to get some coin. Again, price is hanging for long around same range of 8k, it might not go down too deep again. However, this isn't a financial advise.

[HarmonyA]

Whenever you join an investment is the right time for you, so they said. I bought some btc today and I am glad that I did, though I bought it for trading but it already seem promising. You can fix your buy at any amount desired by you depending on your investment plan and the capital at your disposal.

[DiamondCardz]

It's my belief that DCA (Dollar Cost Averaging) is the smartest thing you can do if you want to invest in Bitcoin and minimize your exposure to variance. You take a set amount of money, say $1200, and you drop it evenly into the market over intervals. For instance $100 a month for a year.

That way you average your exposure to variance on the day you invest, and instead you effectively get Bitcoin at the 'average' price over whatever period you DCA over.

[alan2here]

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

No one know when is the next fall or pump.
Always be ready for bitcoin movement, buy now and set a stop loss. And when it pump you wont regret your decission.
Long time investment is always good for anytime, no need to wait the price fall down because it will always up in a long term

I'm not sure about this but very few coins are pumped this year so there will be a lot of issues that you need to consider carefully when investing. I think the huge volatility of crypto makes you have a lot of difficulties investing and a lot of big investors have lost a lot of money in this market. In my opinion should rely on analysis to have a good investment strategy and always be careful with Bitcoin because this is the coin that can decide this market.

I trade in this market every day but the opportunity to make a profit is very small because the bear market is still overwhelming this market this year.

[d3nz]

As of today the valur of bitcoin is a good deal and i think it is already at end of bottom and more likely it will pump up very soon. That is why some altcoins value are going down since investors are selling it to get more bitcoin which is much profitable.

I don't know if the speculation roaming around about the value of bitcoin will rise to $16K at the end of this month. It will be a game changer if that will happen since that is a bullish market signal.

[iv4n]

As of today the valur of bitcoin is a good deal and i think it is already at end of bottom and more likely it will pump up very soon. That is why some altcoins value are going down since investors are selling it to get more bitcoin which is much profitable.

I don't know if the speculation roaming around about the value of bitcoin will rise to $16K at the end of this month. It will be a game changer if that will happen since that is a bullish market signal.

We can try to guess where is the bottom, it some way I`m doing that for years. Its a job for a trader to try to buy at the bottom, to try to predict it, and when we succeed in that we make a nice profit. In years behind I had some nice trades, I like to say its more luck than knowledge in my situation.
For long term trading I think it`s not so important when you are buying. If you plan to invest in bitcoin for long run, its better to do it in few times, don`t spend all the money at once, buy some now, then wait, buy again, wait, buy again. If you are lucky you will buy some bitcoins at huge discount, others at regular price.

[Triffin]

Whenever you join an investment is the right time for you, so they said. I bought some btc today and I am glad that I did, though I bought it for trading but it already seem positive.

It is very good that you did not waste your time while thinking that whether I buy Bitcoin now or not because in these days one should not wait for dump because Bitcoin already has passed from bad times and now it’s the time that Bitcoin will rise and its price will much high in coming weeks, so in these days investment in Bitcoin is very precious asset for future.

[wxxyrqa]

In my opinion, today Bitcoin is too risky an asset for inexperienced traders who receive income through daily trading.  But if you take into account the possibility of investing, then the current situation on the cryptocurrency market is just the right time for a profitable transaction, since Bitcoin fluctuates almost within the framework of one indicator and it seems to me that the price of $ 7900 was the maximum minimum, after which we can expect an improvement in positions, This is especially evident  today at around $ 8,200.

[WatchMaker]

I don't think buying bitcoin now is a good idea because we are in the fourth quarter of the year 2019. The majority of people buy bitcoin in the second and third quarter and wait for the winter - the fourth quarter to dump their bitcoins for profits. thus, I suggest you wait for January 2020 before buying your bitcoin. 

[adroitful_one]

I don't think buying bitcoin now is a good idea because we are in the fourth quarter of the year 2019. The majority of people buy bitcoin in the second and third quarter and wait for the winter - the fourth quarter to dump their bitcoins for profits. thus, I suggest you wait for January 2020 before buying your bitcoin. 

But, you want to buy Bitcoin while the price is in a dip. You don't want to wait until the price of Bitcoin goes up to buy in. If you do, you'll be in at the top and you could get screwed. You don't want to be holding Bitcoins that you bought in at $13,000 and it not hit that price again for 6 months. It will drive you crazy. Better to buy in at a lower price. Anything where it is now and lower is a great price to get in in my opinion.

[alan2here]

I don't think buying bitcoin now is a good idea because we are in the fourth quarter of the year 2019. The majority of people buy bitcoin in the second and third quarter and wait for the winter - the fourth quarter to dump their bitcoins for profits. thus, I suggest you wait for January 2020 before buying your bitcoin. 

The best time to invest is usually from January to April because it is a time when many investors tend to buy and often cause this market to have new growth. I think the investment needs to have a specific strategy and a reasonable time because each phase will have many changes and all investors need to be prepared for every moment.

I personally love trading but I only participate when the market is clear and if it is a good option then I will buy more to earn high profits.

[Fredomago]

I don't think buying bitcoin now is a good idea because we are in the fourth quarter of the year 2019. The majority of people buy bitcoin in the second and third quarter and wait for the winter - the fourth quarter to dump their bitcoins for profits. thus, I suggest you wait for January 2020 before buying your bitcoin. 

The last quarter of the year will be the changing paces of this investment venue, mentioning the mindsets of those types of investors which always seek for quick benefits and sell out their holdings after seeing opportunities to liquidate their hold assets.

Investing needs to have a good looks from how the market will work. If you can anticipate good market movements then you will be riding in the right time and place to this investment currency.

[EdvinZ]

I don't think buying bitcoin now is a good idea because we are in the fourth quarter of the year 2019. The majority of people buy bitcoin in the second and third quarter and wait for the winter - the fourth quarter to dump their bitcoins for profits. thus, I suggest you wait for January 2020 before buying your bitcoin. 

That is, you think that this pattern will be constantly repeated and all who do so will earn money? If it were that simple, everyone would be millionaires. The market is unpredictable and the price can both go down and rise on some unexpected positive news. The best solution, in my opinion, is to buy a little Bitcoin now and if its price falls, then buy more on the decline of the price. Otherwise, you can stay without Bitcoins, if their price soars up.

[Omega Weapon]

I don't think buying bitcoin now is a good idea because we are in the fourth quarter of the year 2019. The majority of people buy bitcoin in the second and third quarter and wait for the winter - the fourth quarter to dump their bitcoins for profits. thus, I suggest you wait for January 2020 before buying your bitcoin. 

This kind of seasonal trading may work in some markets but it cannot work in something like bitcoin, just look at the way the market is moving we have seen an immense growth during the last 24 hours, if you had bought bitcoin during that time you could have obtained profits that it would have taken years in any other market, my recommendation is that you create a detailed strategy which tells you when to buy bitcoin instead of trying to guess when to do it based on the current month of the year.

[crossabdd]

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

You want to invest long term. so buying right now is good, we have known that throughout 2018-2019 the price of bitcoin has not had a significant increase in prices. fell at the lowest price in the range of 5000$ and rose again at the price of 11000$ and today is 8000$. so for purchases now, you still have a good chance to make profits in the future. Be prepared after halving is finished. and keep holding until your target is reached.

[Shasha80]

Right now bitcoin is truly amazing, yesterday it is still at $ 7400 and the current price has touched $ 9500. It seems already
a sign of a bull run, hopefully the bull run can reach halving in 2020. If you want to enter the market now, don't buy yet,
because the price is not stable, fear that the price will go down again. Just waiting for a correction might drop at the price of
$ 8000 just started to buy. But buy it in stages, don't all in, afraid it will go down again, you can buy again.Good luck.

[EdvinZ]

Those people who bought Bitcoin a few days ago for 7400 dollars are lucky. They took a risk, although all around predicted a further fall of Bitcoin. I think such a strong growth is associated with the statements of the Chinese leader that China will contribute in every way to the introduction of blockchain into the economy of its country. Bitcoin today broke the mark of 10 thousand dollars. Tremendous growth!

[NewRanger]

Those people who bought Bitcoin a few days ago for 7400 dollars are lucky. They took a risk, although all around predicted a further fall of Bitcoin. I think such a strong growth is associated with the statements of the Chinese leader that China will contribute in every way to the introduction of blockchain into the economy of its country. Bitcoin today broke the mark of 10 thousand dollars. Tremendous growth!

we hope this is permanent movement for bullish pattern.china president be real father of cryptocurrency after sis statement.blockchain devellpment could recover investor confidence.moreover this statement issu by number one citizen in biggest and strongest countrys in the world.unfortunately i miss this rises and didnt get any profit at all.

[Aying]

Those people who bought Bitcoin a few days ago for 7400 dollars are lucky. They took a risk, although all around predicted a further fall of Bitcoin. I think such a strong growth is associated with the statements of the Chinese leader that China will contribute in every way to the introduction of blockchain into the economy of its country. Bitcoin today broke the mark of 10 thousand dollars. Tremendous growth!

Well China's president has made a huge decision that make bitcoin back again to its bull price. and for that I made a right decision to hold until the last day of this month and I am not regretting for doin it. with those announcement and will follow more predictions it may continue maybe a week. but I am not in party mode right now, still continue to  guard the market.