Time to buy Bitcoin?

[iv4n]

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If they think about investment, maybe your suggestion will work. But a lot of people buy bitcoin because they think if they can get instant profit in shortest way. That is why they gamble, or maybe do trading activity without any skill or knowledge about it.

With gambling and trading risk is very high, I know that many people decide to try their luck with one of these two in order to make fast money, but what's happen is they get busted after some time. Those people who decide to do that, usually comes here on forum after losing money to complain about certain services, exchanges, casinos and entire crypto.
Its why education is important, why researching is essential, if they come here on forum before everything they would see numerous topics about possible risks in gambling and trading. Numerous advices how and where to start with crypto.

A lot of people maybe have their strategy to earn bitcoin, only a little from new people will look information about the forum. In my local facebook group, a lot of people ask cloud mining which is still paying, actually maybe they know it is risky but they want instant money from it.

Well to pathetic for that guys to still look after the cloud mining services since it has so many scam events happen and we cannot even deny that almost all of them turns scams when they accumulate more funds. Better to tell your group mates to buy bitcoins at this time since it's more profitable rather that engaging their selves on risky investments.

We know in facebook group of bitcoin usually there are people who suggest other to not trapped for something like that. It is already happen, but i think it is depend on that person, if he only want to look for something like that (cloud mining, or maybe double triple bitcoin) i think we can't force them. At least we already educated them.

It`s paid advertisement, or simply investors seek for referrals. Two possible ways to earn with HYIP`s, to advertise it and someone to pay you for that, or to not invest anything but to have many referrals that will invest some money and that will generate profit for you.
I`m not sure who is still trying to make profit with investing in cloud mining services and hyip`s, probably newcomers, fresh blood. Old crypto people are staying far from this services that have big promises, in most cases that`s a big trap, if not in all the cases.
Well education is the only solution, people need to learn how to do some research, to learn about something before they invest their money. But most of the people find it boring to read what we wrote, pros and cons about services around that we tried, they simply wish for fast and big profit, and that greediness is the thing that ruins them in short period.

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[figmentofmyass]

angeloBTC (top bitmex trader) is still short term bearish. yesterday he said he's still looking for $6k:

Patiently waiting for $6k $BTC levels where I will add to long-term holdings.

Good luck homies.

i hope he's wrong but the way we're bleeding back down to $7700.......it looks ugly. who's getting ready to catch the knife?

[hahay]

the world of cryptocurrency, especially the price of bitcoin is very difficult to guess even though there are many out there who have knowledge about charts / trading and even then not necessarily 100% correct, if I was told to rate then I gave them 99%. I believe bitcoin will go to the moon and I also believe bitcoin will go down, nobody knows, but you can buy bitcoin from now if you are sure that the next few months / years bitcoin will go to the moon.

Actually the price of bitcoin is not easy to predict for ordinary people but I think there are a lot of experts who can precisely predict the price of bitcoin because they have enough knowledge about the charts of trading and their prediction mostly proves correct but it’s all about people to believe them or not.  At present the price of bitcoin is going up and this is the time to buy bitcoin and hold it for the future.

Can predict or not, it's back to his belief and I agree about it, buying lots of bitcoin will definitely have a lot of calculations for situations like this, the price of bitcoin continues to fall until it sits at 8K and I think a situation like this will create more concern high and to buy at least they will wait for fear that prices will still fall lower.

[SummerBliss]

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....

The prices tends to rise slowly but still its not too late tp buy bitcoin because we might witness another bull run before the end of this year and price cross $15-$20k so invest now before regretting buying at peak prices.

[Taskford]

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....

The prices tends to rise slowly but still its not too late tp buy bitcoin because we might witness another bull run before the end of this year and price cross $15-$20k so invest now before regretting buying at peak prices.

In my opinion there's no late nor early buy but aslong as you enter on correct position then it's good since Bitcoin is so volatile and we might gonna earn if we choose to hold or to sell and  the only thing we need to research here is on when we enter since there's a high possibilities that we can earn more since a huge odds for bitcoins to pump and the said figure or even more.

[DaftAjax]

In my opinion there's no late nor early buy but aslong as you enter on correct position then it's good since Bitcoin is so volatile

There is, in fact, they're called bullish trend (high price) and bearish trend (low price). So, it's pretty obvious that during a bearish trend, you might wanna buy as many Bitcoins you can afford, then during a bullish trend, you might want to sell during this season.

There's no such thing as correct position because, you said it yourself, Bitcoin is volatile. But there's such thing called "correct timing".

[Wysi]

In my opinion there's no late nor early buy but aslong as you enter on correct position then it's good since Bitcoin is so volatile

There is, in fact, they're called bullish trend (high price) and bearish trend (low price). So, it's pretty obvious that during a bearish trend, you might wanna buy as many Bitcoins you can afford, then during a bullish trend, you might want to sell during this season.

There's no such thing as correct position because, you said it yourself, Bitcoin is volatile. But there's such thing called "correct timing".

I repeat again there is no such thing called correct timing or wrong timing when it comes to entry into the world of crypto but as you have mentioned there are correct time to buy and sell as we prefer to sell at high preferably during bullish market situation and buy during the end of bearish market it's a natural phenomena of every users over here but some of them try to justify it's never a good or bad to to buy crypto which is incorrect.

[gandame]

I think this is the good time for you to buy or to invest in bitcoin. The price now is low and i know late bitcoin will goes up the price. If i we're you i will buy bitcoin now and i will hold it for a long investment.

[STT]

The exact timing is not now, its likely that the time to buy is not a moment but months is a reasonable period of time to scale into Bitcoin holding.   If you do intend to hold that is then I would not recommend just one buy but many maybe every month or week depending on how convenient that might be for you.
   Classic saying from a long term trader whose made his living in many markets which would be, the bottom is a process not an event.   To try and guess the bottom pricing is unlikely without having the benefit of hindsight we are all estimating and measuring the reaction of the market vs various averages and markers of previous volume and turning points.   We can know afterwards with increasing confidence hence trends tend to build after establishing as not everyone will go near the bottom but join into a regular bullish ascending price.   Buying regular allows somebody to particate in the market without being tied to a singular point, generally its a reasonable time to begin buying but not finish imo.

[Fredomago]

In my opinion there's no late nor early buy but aslong as you enter on correct position then it's good since Bitcoin is so volatile

There is, in fact, they're called bullish trend (high price) and bearish trend (low price). So, it's pretty obvious that during a bearish trend, you might wanna buy as many Bitcoins you can afford, then during a bullish trend, you might want to sell during this season.

There's no such thing as correct position because, you said it yourself, Bitcoin is volatile. But there's such thing called "correct timing".

Timing of investment is very important, it's the results of your combined analysis and experienced towards the market situations.
When you buy according to what you think is good for your investment, you'll always find time to keep your assets on hold while
waiting for the time of your sell goals. You are the driver of your investment knowing where to position yourself and trust your
judgement will make you more comfortable whatever market brings you.

[Flor1982]

bitcoin prices are now stable and the possibility of bitcoin prices will again increase prices because it will approach halving day so I suggest to be able to buy more bitcoin as much as you can while the price is still very cheap.

I will suggest all of you to wait and extend your patience for more days or weeks before buying as new sentiment from McAfee urging as to sell our Bitcoin so expect that the price may dump again in the coming days so lets just wait and see.
https://cryptopotato.com/stop-hodling-start-spending-your-bitcoin-john-mcafee-on-his-1-million-prediction-altcoins-and-his-dex-exclusive-interview/

[error08]

angeloBTC (top bitmex trader) is still short term bearish. yesterday he said he's still looking for $6k:

Patiently waiting for $6k $BTC levels where I will add to long-term holdings.

Good luck homies.

i hope he's wrong but the way we're bleeding back down to $7700.......it looks ugly. who's getting ready to catch the knife?

I have sold at $8400, waiting for $7700 again but the price still persists, the lowest today was $7811 but I miss it, hopefully bitcoin will drop deeper than $7500 so we can stockpiling more and more coins
But I really doubt bitcoin will fall below $7500, forget about $6K, not gonna happen.

[Omega Weapon]

I think this is the good time for you to buy or to invest in bitcoin. The price now is low and i know late bitcoin will goes up the price. If i we're you i will buy bitcoin now and i will hold it for a long investment.

It is better to wait for the price to crash completely, it seems that a price above 8000 is proving to be a challenge and now USDT has reached the fourth spot in market cap and it is the at the first place when it comes to volume, this clearly indicates an increased interest in tether, this can only mean that many investors are getting out of altcoins and bitcoin as well and going into stable coins and this is no good for those expecting a recovery.

[Wawa2013]

No need to wait to buy bitcoin at this time, because there will be a lot of time wasted, it's a pity, even if you have already bought it you might already benefit from the bitcoin correction incident that has already happened. But not what has passed.
I don't rely too much on technical analysis like reading numbers, I will only buy bitcoin if I think now the price is cheap and sell when it's high. So I followed market trends, because sometimes technical analysis is not very helpful, especially if the market is difficult to predict and control

[Inkdatar]

The current price ranging below $8k and we couldn't foretell about bitcoin when is the time for surging high. Possibly it might go down further in my opinion, but as we experience it could rise again. Though, we already seen this volatility in bitcoin but being patience could makes us hope about this market condition. If we could take the risks from buying then it’s time and waits until we catch the price increase to take profit.

[kolonel_x]

angeloBTC (top bitmex trader) is still short term bearish. yesterday he said he's still looking for $6k:

Patiently waiting for $6k $BTC levels where I will add to long-term holdings.

Good luck homies.

i hope he's wrong but the way we're bleeding back down to $7700.......it looks ugly. who's getting ready to catch the knife?

I have sold at $8400, waiting for $7700 again but the price still persists, the lowest today was $7811 but I miss it, hopefully bitcoin will drop deeper than $7500 so we can stockpiling more and more coins
But I really doubt bitcoin will fall below $7500, forget about $6K, not gonna happen.

I think bitcoin will not go down to $ 7,700 and the lowest point is only $ 7911 and currently bitcoin is $ 8,168 so this is likely to go up again, seeing prospects like this I believe bitcoin in the coming weeks will head to $ 8,800.

[hahay]

The current price ranging below $8k and we couldn't foretell about bitcoin when is the time for surging high. Possibly it might go down further in my opinion, but as we experience it could rise again. Though, we already seen this volatility in bitcoin but being patience could makes us hope about this market condition. If we could take the risks from buying then it’s time and waits until we catch the price increase to take profit.

But in reality the decline does not continue and that is the opposite, prices are currently being pumped and indeed when prices are lower than 8k it is like a concern to go down further. Waiting for the right time to buy is difficult because when prices can go up and down quickly at least it will make a mistake for us to make a decision. So in this case it would be better to buy it immediately when the price is struggling at the lowest point in personal view, because if it just continues to wait for a lower price I think that is a way that might be said to be wrong.

[wxa7115]

No need to wait to buy bitcoin at this time, because there will be a lot of time wasted, it's a pity, even if you have already bought it you might already benefit from the bitcoin correction incident that has already happened. But not what has passed.
I don't rely too much on technical analysis like reading numbers, I will only buy bitcoin if I think now the price is cheap and sell when it's high. So I followed market trends, because sometimes technical analysis is not very helpful, especially if the market is difficult to predict and control

Technical analysis is a great tool that can help you tell what it is happening in the market but it cannot tell you accurately what will happen, for that you need use your judgement, there were many investors which thought the price was too low and were predicting a recovery and they were right but I do not think that even in their dreams they thought the price will go up as it did just a few days ago.

In those instances technical analysis is not really going to help you and your only option is to hope that you are on the right side of the market at the time or your losses will be hard to recover.

[boltz]

For me , its always a good time to buy Bitcoin as long as the price is not over 15k$ as that would involve a big risk for the short term deal but if you're a hodler like me and a long term investor, you shouldn't care so much about its price. Remember 2017 run ? And how in 2015 we all was afraid to buy Bitcoin because the ATH was 1200 in 2014 ? Now its the same thing but on a different scale so I'm buying now to be ready for the next bull run.

[bitzizzix]

If you are determined to buy bitcoin and have enough capital, never waste your chance to buy bitcoin and buy it without looking at the current price of bitcoin because doubts will make you regret because bitcoin is very volatile.
and you have to buy bitcoin for the long term so you get the maximum amount of profit, and in my opinion now is the right time to buy it and hold it to wait for the price of bitcoin to reach the highest price.