Time to buy Bitcoin?

[Darooghe]

This is impossible to answer in any serious way without knowing your situation.
The default answer: if you have to ask, you most likely shouldn't buy. The detailed answer is; it depends on your financial situation your debt? income? financial plans/goals? will you need money you plan to put into bitcoin within the next 3-5 years? will you be financially/emotionally able to stomach a full loss of your investment?, as well as how well you understand the basics of bitcoin storage and why you want to get some in the first place. I mean, obviously this doesn't matter if you want to get something like $20 worth which is not a bad idea just to test the waters and to learn the basics, before you buy more, but you get the idea, I hope.

[minairia3]

Sometime the resistance and support cannot be always right. But many analysis say that bitcoin is affected by recent Bakkt launching. Many traders outside the crypto world are now joining the league but its just unfortunate that it did not pump the price of bitcoin but instead dragged it down. Well, for me, I think this is just a set back and minor correction since we know how volatile the market is.

[CODE200]

Recent article "Is it time to Buy Bitcoin?" here: https://www.cryptofish.com/blog/is-now-the-time-to-buy-bitcoin/ so supposedly the 200 Day average may hold up price? then again, we are below the 200ema so maybe not. Fear and Greed sentiment indicator is showing a lot of fear....

I have seen a lot of topic that say it is time to buy bitcoin and I know everytime we can buy bitcoin and whatever the price of it many people still buy it simply because day by day or in the next of couple years the price of bitcoin will increase. Lastly, keep on buying bitcoin because you will regret once the price goes up.

[Reid]

It had been always the time to buy it. There should be no question in there and should say it is time to buy Bitcoin or you will regret it. 

The last ATH was at December 2017 where it fluctuates until almost 20k. That is where they made the wrong decision to ride the wave of FOMO's.
Although it cannot be prevented, some took the risk thinking there is a 50k ahead in just a manner of time.
I think that is only the one thing that most people got it wrong.
But now, specially now to correct it could be the last time to buy at a cheaper price.

[Deborah Christine]

Bitcoin until now has indeed become one of the promising investments. Especially if there is a halvening that is the bitcoin reward will be cut in half so as to make the supply of bitcoin to a minimum. And prices will rise. So indeed this is a good time to buy bitcoin.

[rizkyrz]

however the situation will always be there are articles or media that preach when the right moment to buy bitcoin. even though, not everything reported was true.
we have our own authority to determine when the right time to buy and sell.

[1Referee]

The last ATH was at December 2017 where it fluctuates until almost 20k. That is where they made the wrong decision to ride the wave of FOMO's.

The funny part about that bull run was that it didn't really feel like such.

Early 2017 people got excited for a while about the pumps, but then they started to get used to the increases and considered it to be normal. It felt more like the price was trending up instead of a bubble that was forming to pop in people's faces. Right now we look back and say ahhhhh, what a bubble that was and that we should have known better, but you can't really blame people for not spotting it beforehand.

The interesting part was that the demand for Bitcoin didn't just come from spot buyers looking to hold Bitcoin, but spot buyers buying up Bitcoin to invest in ICO's. In other words, a double stream of insane demand that drove the price up to levels people would expect to see somewhere in 2020 after the block halving.

[Murat]

Maybe or maybe not. With Bitcoin, TA doesn't work. Supply of Bitcoin is too low and the use of bitcoin increasing every day. So buying Bitcoin for the long term is always +EV. But if you want to Buy Bitcoin for short term like 1-2 years I would say $4000-4500 is a good entry point. The recent problem with the Bitcoin market is Manipulation and no clear regularity. You have to be very careful with your trading action most of us make mistakes as they trade with emotion. In the end, I would wait for a good entry point. Also, don't invest in crypto if you can't take the stress/drama/risk. Bitcoin Price may go down/up to $2000 in one night. We may see ATH again this year but who knows!

[ajqjjj]

however the situation will always be there are articles or media that preach when the right moment to buy bitcoin. even though, not everything reported was true.
we have our own authority to determine when the right time to buy and sell.

Exactly everyone think like that, But current market is massive dump so some investors are move to USD. Once It will start pump in the market again everyone invest the Bitcoin. This is the right time to invest Bitcoin because again all the coins are moving forward so some big investor is enter in the market. We don't predict the exact hype and fall so we must carefully invest our desire platform.

[rizkyrz]

however the situation will always be there are articles or media that preach when the right moment to buy bitcoin. even though, not everything reported was true.
we have our own authority to determine when the right time to buy and sell.

Exactly everyone think like that, But current market is massive dump so some investors are move to USD. Once It will start pump in the market again everyone invest the Bitcoin. This is the right time to invest Bitcoin because again all the coins are moving forward so some big investor is enter in the market. We don't predict the exact hype and fall so we must carefully invest our desire platform.

Yup! I also consider this moment is the time to buy bitcoin for investment, we also have to ensure that the money we invest will not disrupt our daily economy.

[Bagaji]

News flash: No one knows when exactly the best time to buy.

If you have followed the Bitcoin price since the year 2018 you will see that now is one of the good time to buy bitcoin because from what we have seen so far one can come to conclusion that Bitcoin is more stable above $10,000 as compared to the current $8k to $9k. If you have that at the back of your mind you will believe with me that it is a good time to buy Bitcoin at the current market price awaiting the next move to $10,000 and above in the next couple of weeks to come.

[legendster]

"Bitcoin has been described as an undeniable form of wealth with an irrefutable book of records" you can quote me if you like. And this is my way of looking at Bitcoin these days. No matter its price, this reality will not change. So.. yes, if you ask me. Any time you can afford it, is the right time to buy Bitcoins.

I would like to get into the nitty-gritty of the current market situations vs what you should do and shouldn't. But that'd be a colossal waste of time as signature spammers will bury my text anyways..

[BitcoinPanther]

Looking at the prediction of a possible $16k  this October, I think it is time to buy Bitcoin.  If you have the luxury of spending money and not retrieving it anytime soon then I guess the current Bitcoin price gives a good discount.  We all know Bitcoin is not "a sprint  but rather  a marathon."

[rizkyrz]

Looking at the prediction of a possible $16k  this October, I think it is time to buy Bitcoin.  If you have the luxury of spending money and not retrieving it anytime soon then I guess the current Bitcoin price gives a good discount.  We all know Bitcoin is not "a sprint  but rather  a marathon."

The prediction is too big but the fluctuating Bitcoin could become reality, rumors will always be there, there will always be theories that speak. it's just that, funds to buy bitcoin that does not exist. LOL

[terrorJR]

Looking at the prediction of a possible $16k  this October, I think it is time to buy Bitcoin.  If you have the luxury of spending money and not retrieving it anytime soon then I guess the current Bitcoin price gives a good discount.  We all know Bitcoin is not "a sprint  but rather  a marathon."

Indeed Bitcoin will experience an increase in October but I don't guarantee it will reach $ 16k far from reality, which is clear the day we buy bitcoin and the right time to sell is October.

[Reatim]

Recent article "Is it time to Buy Bitcoin?" here: https://www.cryptofish.com/blog/is-now-the-time-to-buy-bitcoin/ so supposedly the 200 Day average may hold up price? then again, we are below the 200ema so maybe not. Fear and Greed sentiment indicator is showing a lot of fear....

Fear is your best opponent in investing here in cryptocurrency,because if you can see the price from each time surely you will be afraid and sell eve in losses

Buy whenever you feels having amount that affordable to lose ,so whatever happens at least you are ready whichever happens

Small amount each time is enough ,and don’t sell your house just to buy crypto lol

[Wexnident]

Recent article "Is it time to Buy Bitcoin?" here: https://www.cryptofish.com/blog/is-now-the-time-to-buy-bitcoin/ so supposedly the 200 Day average may hold up price? then again, we are below the 200ema so maybe not. Fear and Greed sentiment indicator is showing a lot of fear....

And that's why bitcoin can bring profit. Not knowing when to buy bitcoin or not is the challenge that the world gives us and when you manage to time yourself at the correct moment, then that's what can give you profit. That's pretty much how investing goes after all. Even if you do thousands and thousands of research, it still doesn't guarantee a 100% guarantee that you can profit from that investment. It's a mixture of luck and timing in the end. Of course, if you fear that you may make a mistake, then progress would never follow so I'd rather invest than get swallowed up by fear. If you can just invest when you trust is the right time. I would suppose it's around mid-October is the best time probably? The recent launch of Bakkt would also push BTC up but it wouldn't produce results right away so I suggest waiting for a few more days before buying BTC.

[pooya87]

The last ATH was at December 2017 where it fluctuates until almost 20k. That is where they made the wrong decision to ride the wave of FOMO's.

The funny part about that bull run was that it didn't really feel like such.

Early 2017 people got excited for a while about the pumps, but then they started to get used to the increases and considered it to be normal. It felt more like the price was trending up instead of a bubble that was forming to pop in people's faces. Right now we look back and say ahhhhh, what a bubble that was and that we should have known better, but you can't really blame people for not spotting it beforehand.

The interesting part was that the demand for Bitcoin didn't just come from spot buyers looking to hold Bitcoin, but spot buyers buying up Bitcoin to invest in ICO's. In other words, a double stream of insane demand that drove the price up to levels people would expect to see somewhere in 2020 after the block halving.

that is the case with all prolonged trends, certain people get stuck in them. they always end up feeling it is the "normal" to see price rise every day each time we have a long period of bull runs near the end of the bubble cycle. that is why so many are always surprised when the bubble burst occurs and they no longer see every day rises for a long time.
it works both ways too, similarly we saw this year that everyone though going down was the "normal" and it should continue.

as for ICOs did people really buy "bitcoin" to invest in ICOs or were they buying ETH to invest in ICOs? i remember it was the later!

[susila_bai]

If you ask me then anytime is a good time to buy bitcoin. when ever their is downfall i use to start buying and sell on increase this is the way i am doing trading. If you see the news then you will fall for their scam as they are not totally reliable. Do your own research and trade.

[J1mb0]

No one can know the exact time to buy and sell Bitcoin. If you think it is good to buy bitcoin now, buy it. Never invest based on other people's advice.