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Author Topic: Buy now or wait for Bitcoin?  (Read 2556 times)
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October 31, 2019, 04:11:10 AM
 #241

CUrrent update :
Bitcoin looks strong on it's resistance above 9.2k , it might be the sign of the next pump to 10k according to many people are already optimistic about bitcoin on next year.
I'm sure bitcoin halving will affect much to bitcoin price after the event, and it will bring back the bitcoin domination to crypto space

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October 31, 2019, 04:37:26 AM
 #242

If there are people who say to wait for bitcoin to go down then do we know when bitcoin goes down and at what point? In my opinion to be more suitable to buy bitcoin is to look at market analysis using indicators that you understand. And your goal is to invest long or short term? all that must be taken into account. not just waiting for the price of bitcoin to fall. bulshit with people who say that.
Indeed, it depends on the strategy. Before investing your money its important to have plan to know your goal whether its a short term or long term.

CUrrent update :
Bitcoin looks strong on it's resistance above 9.2k , it might be the sign of the next pump to 10k according to many people are already optimistic about bitcoin on next year.
I'm sure bitcoin halving will affect much to bitcoin price after the event, and it will bring back the bitcoin domination to crypto space
We are hoping it will really happen, many are expecting that this coming halving might become the reason for bull run to occur so lets just wait and see.

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October 31, 2019, 05:15:55 AM
 #243

Buying right now I think is also very appropriate, because the price of Bitcoin has shown up trends so many say the price of Altcoin will also follow Bitcoin.You don't need to wait for the price of Bitcoin to fall, I think the down trend of the Bitcoin is over.
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October 31, 2019, 05:46:08 AM
 #244

Buying right now I think is also very appropriate, because the price of Bitcoin has shown up trends so many say the price of Altcoin will also follow Bitcoin.You don't need to wait for the price of Bitcoin to fall, I think the down trend of the Bitcoin is over.
If afraid price will dumped, maybe OP need to split his money and then buy again if price get cheaper for now. But take decision at this price actually already good thing. And if price get cheaper, OP still have money to buy some more. And then only need to wait bitcoin price to increased. Bitcoin price for me is good for long term investment, just set an alarm and don't need to look market price everyday.
if we not.sure with current price and thinking bitcoin price still drop, we should use avergaing or martiangle risk management.it will give us best position although some order in high price.but the weakness this strategy was we will need more balance .or aleast we splitnour balance into three or five order.every order must think about all possibility that might happen someday.

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October 31, 2019, 05:47:28 AM
 #245

Buying right now I think is also very appropriate, because the price of Bitcoin has shown up trends so many say the price of Altcoin will also follow Bitcoin.You don't need to wait for the price of Bitcoin to fall, I think the down trend of the Bitcoin is over.
If afraid price will dumped, maybe OP need to split his money and then buy again if price get cheaper for now. But take decision at this price actually already good thing. And if price get cheaper, OP still have money to buy some more. And then only need to wait bitcoin price to increased. Bitcoin price for me is good for long term investment, just set an alarm and don't need to look market price everyday.

We are waiting if bitcoin will reach $ 9k indeed at this time is already low and good to buy, reserve funds must be there now you buy at 9,200k and for reserve funds at the price of $ 9k so we will have the opportunity to get the lowest price, for altcoin can not It is predicted that after bitcoin increases altcoin will only increase slightly, so it is not a recommendation.
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October 31, 2019, 07:19:16 AM
 #246

the price of Bitcoin now $ 9000+ is the right price to buy Bitcoin

Buying right now I think is also very appropriate, because the price of Bitcoin has shown up trends so many say the price of Altcoin will also follow Bitcoin.You don't need to wait for the price of Bitcoin to fall, I think the down trend of the Bitcoin is over.
the downtrend will not be separated from the trading market
Bitcoin, Ethereum and all cryptocurrencies can experience this at any time
every year, Bitcoin has different ATH and ATL
and next year Bitcoin will definitely repeat this phenomenon, where it is at the lowest price and highest price.



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October 31, 2019, 08:01:53 AM
 #247

You should only invest when you feel is time for, i think still bitcoin price is down now and is a good moment to invest, but you should only do it if you are really sure that can wait more time to get a good profit or depends what target you want so, but bitcoin is the best investment in my opinion.
Well it depend on us on when we start to buy, We are have some different thoughts about the time we buy some altcoins but need to search of which on it as of now their are lots of altcoins that have no value or it gonna be useless. But some people in here are waiting on when the bitcoin increase the price. Maybe they expect to get more profit from altcoins buy in the market. And yes bitcoin are the best investment it can use for a long term than the other altcoins.
No, this is not good to wait anymore as much as I know this is the best time to buy because price is already down and we know after this price will only increase. Dumping time has gone now we should buy and wait for the price to pump again that's why just buy and hold as in crypto holding never give you lose but helps to gain profit.
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October 31, 2019, 09:58:39 AM
 #248

why waiting for buying bitcoin ; halving comming and prices can go to moon ; price can pump to 15000 usd per btc at any moment . who now if we are in bull trap or no?
i think everytime you wait for buying cheap in the end you will buy at expensive price
everything below 10000 usd per btc is good for invest
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October 31, 2019, 10:32:46 AM
Last edit: October 31, 2019, 10:43:24 AM by Darooghe
 #249

why waiting for buying bitcoin ; halving comming and prices can go to moon ; price can pump to 15000 usd per btc at any moment . who now if we are in bull trap or no?
i think everytime you wait for buying cheap in the end you will buy at expensive price
everything below 10000 usd per btc is good for invest
The thought that at every halving the price will boom is little dumb. in one sense the price will go up if the mining difficulty stay constant or growth. Meaning that if miners spend $20,000 per block to get 1 Bitcoin, and after the halve they spend $20,000 to get 0.5 BTC or $40,000 to get 1 BTC, the price will increase. However, there are most likely miners who will stop mining do to higher difficulty and the price will fall. Long term I see the halving as a wash, but short term it may lead to some growth.

Interestingly if you look at Litecoins price history it pretty much always went down after it's halving, and difficulty drops too. Bitcoin always went up after it's halving. Nobody is able to say what will happen but I'm rather bullish. However, i think we need something more powerful than halving event to see what we saw 2017 ATH.
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October 31, 2019, 01:23:18 PM
 #250

why waiting for buying bitcoin ; halving comming and prices can go to moon ; price can pump to 15000 usd per btc at any moment . who now if we are in bull trap or no?
i think everytime you wait for buying cheap in the end you will buy at expensive price
everything below 10000 usd per btc is good for invest
As long as I have experienced the situation of market, I would say that the market situation is in the bull run now, so waiting for the fall in price would be a little foolish because I do not see any big dump in the market in coming future instead the price will increase up to $15k or more after halving, but even if the price decrease then that decrease will be very little which will not make any difference for investors.
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October 31, 2019, 04:29:01 PM
 #251

As per the analysis and prediction, it looks like the price of bitcoin will most likely to drop between the range ko 8400 - 8600 and i think if that will happen then it will be good price to buyback and the price could jump back to 9k.

There is a huge support so once it breaks out then it will go drop and take advantage of it and we don't know when it will jump up again maybe by this coming week but let's hope.
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November 01, 2019, 02:13:21 AM
 #252

Buying right now I think is also very appropriate, because the price of Bitcoin has shown up trends so many say the price of Altcoin will also follow Bitcoin.You don't need to wait for the price of Bitcoin to fall, I think the down trend of the Bitcoin is over.
If afraid price will dumped, maybe OP need to split his money and then buy again if price get cheaper for now. But take decision at this price actually already good thing. And if price get cheaper, OP still have money to buy some more. And then only need to wait bitcoin price to increased. Bitcoin price for me is good for long term investment, just set an alarm and don't need to look market price everyday.

We are waiting if bitcoin will reach $ 9k indeed at this time is already low and good to buy, reserve funds must be there now you buy at 9,200k and for reserve funds at the price of $ 9k so we will have the opportunity to get the lowest price, for altcoin can not It is predicted that after bitcoin increases altcoin will only increase slightly, so it is not a recommendation.
If OP ask people for suggestion to buy bitcoin or wait, maybe altcoin must be avoided. I mean, if people still doubt with bitcoin, altcoin with full of speculation is harder to predict. Although like what you said people already predicter about altcoin will increased when bitcoin price increased, it will be wise to do investment only in something that we already know and understand the system.

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tadpole_bitfrog
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November 01, 2019, 02:18:45 AM
 #253

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 now is not the right time to buy. Bitcoin's chart shows that we are in a volatile region and it will soon retest at the support of $ 7k6 in the near future. Best we should still wait and see how the market will evolve. Do not try to be greedy when the market is too manipulated, you will lose a lot of money if you play luck.

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huige007
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November 01, 2019, 03:24:16 AM
 #254

why waiting for buying bitcoin ; halving comming and prices can go to moon ; price can pump to 15000 usd per btc at any moment . who now if we are in bull trap or no?
i think everytime you wait for buying cheap in the end you will buy at expensive price
everything below 10000 usd per btc is good for invest
As long as I have experienced the situation of market, I would say that the market situation is in the bull run now, so waiting for the fall in price would be a little foolish because I do not see any big dump in the market in coming future instead the price will increase up to $15k or more after halving, but even if the price decrease then that decrease will be very little which will not make any difference for investors.
We are already going through a dip at present and if anyone wants to buy a coin at low costs, now is his chance to do so. If someone is still waiting for bitcoin to decrease even after such a long dump, he needs to stop being over-patient. I also hold the opinion that the time has come for the market to rise up and as 2019 is coming towards its end, bitcoin and altcoins will be gaining value.
logicgate
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November 01, 2019, 06:22:40 PM
 #255

If there are people who say to wait for bitcoin to go down then do we know when bitcoin goes down and at what point? In my opinion to be more suitable to buy bitcoin is to look at market analysis using indicators that you understand. And your goal is to invest long or short term? all that must be taken into account. not just waiting for the price of bitcoin to fall. bulshit with people who say that.
Indeed, it depends on the strategy. Before investing your money its important to have plan to know your goal whether its a short term or long term.

CUrrent update :
Bitcoin looks strong on it's resistance above 9.2k , it might be the sign of the next pump to 10k according to many people are already optimistic about bitcoin on next year.
I'm sure bitcoin halving will affect much to bitcoin price after the event, and it will bring back the bitcoin domination to crypto space
We are hoping it will really happen, many are expecting that this coming halving might become the reason for bull run to occur so lets just wait and see.
     price will increase and bull run is on the way. We should keep holding waiting is gonna give us best reward. Now price is highly expected to be high but we only need to keep waiting. Those who have money to invest should invest right now as after few days it will become so expensive that’s why we should not wait any more and just buy.
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November 01, 2019, 09:20:35 PM
 #256

Buy now or wait for the global movement of bitcoin? Probably the most important question that everyone who is thinking about investing in the crypto market is asking themselves.
Given that the crypto market is a very high-risk area for investment, I would choose the path of least resistance. This means that the more obvious the future price movement, the greater the likelihood that you can earn.

Therefore, I advise you not to rush and observe the market for some time. Now we have the following thing: Bitcoin has grown by 40% in less than a day, then the price has corrected, which means that another correction is waiting for us, because bitcoin has been adjusted not only by 40%, but only by 20%. I expect a recession, I advise you to hold off.

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November 01, 2019, 10:21:24 PM
 #257

As at the time you asked this question, I would have bought bitcoin if I had the money. Though it's possible that bitcoin could have reduced, I knew that the $7K-$8K was only for a moment. On the other hand, it's not really wise to ask for financial advice as people would tell you what they think (just like I told you what I would have done).

Get a wallet and move some BTCs, here's mine: [12GZz7hegu8VCkJYHSuP3WTXg7LGXgL1vT]
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November 02, 2019, 02:48:32 AM
 #258

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
Better if you will just wait to the next fall down because right now we can see that the bitcoin is in stable between these prices $9,000 and $9,300 in which we can say that this are in the stable coins in which they are not fluctuati g but there is a chance that when the first month of the year 2020 which is the month of the january the bitcoin may fall down and that would be the great chance to buy bitcoin because it is already fall down so you can invest and buy it to hold into and wait until the next rise of its price.



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November 02, 2019, 04:02:10 AM
 #259

Tonight or Tomorrow, BTC will move back to prepare yourself, you might reach the price of $ 9,500 and we trade only in the short term so that more profits can be obtained, but if the long term is better and I predict BTC will rise in the next week.

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zeze18
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November 02, 2019, 04:35:20 AM
 #260

Tonight or Tomorrow, BTC will move back to prepare yourself, you might reach the price of $ 9,500 and we trade only in the short term so that more profits can be obtained, but if the long term is better and I predict BTC will rise in the next week.

Even your prediction without any logical reason or analysis, i still trust it will come true on this 2 days.
But don't forget sometimes the whales are playing with our physicology they will sell big amount of their btc and price would probably looks downtrend and that will make us selling btc that we already hold lately. And after that they buy again in lower price before the next uptrend. I'm just remindering if this kind of thing is often happen before a pump
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