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Author Topic: Should I Buy Bitcoin Now?  (Read 1521 times)
Distinctin
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December 31, 2019, 09:14:53 AM
 #101

There is no guarantee the current price is the best entry point if we see this month's price range within $6500 - $7800. Based on the price tag, the lowest and the best entry point was $6500 on December 18th, not in the early or the end of the month. It was predicted though when the price was $10K in October, some people with their TAs say it will drop to $6K. Well, look closely at the predictions before decide to buy bitcoin, nevertheless $7K still a good price to buy if your aim for a long term hold.
Not guarantee for bitcoin growing up with higher price because many time always have way and people want to make bitcoin down by giving bad information to public, other way bitcoin become most popular payment transaction disagree become legal currency payment where United State not giving allowed for bitcoin available as currency digital payment in their country.
They are against crypto that is why they'll give negative feedback and spread to the others but that's not will end up Bitcoin/crypto. Well, not this time we could see Bitcoin moves high but make its way in the future since knowing the fact that many still trusting this and also many countries have to give their usual support.

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December 31, 2019, 09:23:34 AM
 #102

Opinions can be source of information but the problem is following someone's opinions are very risky decision. I do not say that you should now buy bitcoins, there are many types of trader and investors. Identify if you are a scalper trader or a swing trader. The buying techniques are really depends on the strategy that you use and most of the strategies are subjective so the perfect time to buy bitcoin really depends on a person. 
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December 31, 2019, 07:26:22 PM
 #103

Opinions can be source of information but the problem is following someone's opinions are very risky decision. I do not say that you should now buy bitcoins, there are many types of trader and investors. Identify if you are a scalper trader or a swing trader. The buying techniques are really depends on the strategy that you use and most of the strategies are subjective so the perfect time to buy bitcoin really depends on a person. 
You are right upto certain extent that opinion of the others could be risky but I think people always ask opinion of other experts in order to make their own decision and obtain some ways for their problems, actually as long as talking about the decisions then I think one should not be completely rely on other people’s opinions, although using one’s own strategies are best.
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January 01, 2020, 02:31:25 AM
 #104

There is no guarantee the current price is the best entry point if we see this month's price range within $6500 - $7800. Based on the price tag, the lowest and the best entry point was $6500 on December 18th, not in the early or the end of the month. It was predicted though when the price was $10K in October, some people with their TAs say it will drop to $6K. Well, look closely at the predictions before decide to buy bitcoin, nevertheless $7K still a good price to buy if your aim for a long term hold.
Not guarantee for bitcoin growing up with higher price because many time always have way and people want to make bitcoin down by giving bad information to public, other way bitcoin become most popular payment transaction disagree become legal currency payment where United State not giving allowed for bitcoin available as currency digital payment in their country.
They are against crypto that is why they'll give negative feedback and spread to the others but that's not will end up Bitcoin/crypto. Well, not this time we could see Bitcoin moves high but make its way in the future since knowing the fact that many still trusting this and also many countries have to give their usual support.
Always have country dislike with bitcoin and give negative feedback how to make many investor leave and not invest with bitcoin anymore, they will try thousand ways how to make investor think bitcoin is bad reputation for investing, when bitcoin down many fiat currency will back and popular again as payment transaction.
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January 01, 2020, 03:10:11 AM
 #105

It is really the best time to buy bitcoin because it is now in a cheaper price, which it gives opportunity to people who are interested to invest their money in bitcoin. Also, any amount of money will do when you are buying bitcoin because it could double triple your profits in the near future. The only problem when buying bitcoin you must be ready for it's risk when the price of bitcoin is about to decrease.
Well, it's still the beginning of the year, so there hasn't been a significant increase from bitcoin. if you want to have it, now is the right time. however, I believe that the price of bitcoin will rise within 2 or 3 weeks from now. although there is no guarantee, but for current prices, I think investors will not be silent seeing the potential that is ahead. an opportunity that appears once in 4 years. wasting this opportunity I think is not a good idea.
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January 01, 2020, 03:29:53 PM
 #106

It is really the best time to buy bitcoin because it is now in a cheaper price, which it gives opportunity to people who are interested to invest their money in bitcoin. Also, any amount of money will do when you are buying bitcoin because it could double triple your profits in the near future. The only problem when buying bitcoin you must be ready for it's risk when the price of bitcoin is about to decrease.
Well, it's still the beginning of the year, so there hasn't been a significant increase from bitcoin. if you want to have it, now is the right time. however, I believe that the price of bitcoin will rise within 2 or 3 weeks from now. although there is no guarantee, but for current prices, I think investors will not be silent seeing the potential that is ahead. an opportunity that appears once in 4 years. wasting this opportunity I think is not a good idea.

The price is still stable at 7,243 and this has not shown its rise, indeed your suggestion is right to buy now that it's low again when prices soar high you will regret it for not buying at a low time.
In 2020 we will see the real movement of bitcoin prices and hopefully there will be a miracle to reach a new ATH.

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January 01, 2020, 05:04:18 PM
 #107

I think it’s a good time to buy now because we are approaching the halving in a few months. I think the price of Bitcoin has to increase because the mining reward will be decreasing in May of this year.

 
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January 01, 2020, 11:07:01 PM
 #108

If you believe that it will save your ass and make money on it, there is no reason to decline such an opportunity.
The price is cheap and a good time to buy Bitcoin. That was a good idea but just ask your self what if the market will continue to dump next year? Can you still manage to hold or just sold it and quit?
That was a big question. Before buying Bitcoin for the investment we should also know our capability to accept losses and challenges along the way. It all not be an easy profit generator, it all comes from the way we manage it. 




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January 01, 2020, 11:54:09 PM
 #109

If you believe that it will save your ass and make money on it, there is no reason to decline such an opportunity.
The price is cheap and a good time to buy Bitcoin. That was a good idea but just ask your self what if the market will continue to dump next year? Can you still manage to hold or just sold it and quit?
That was a big question. Before buying Bitcoin for the investment we should also know our capability to accept losses and challenges along the way. It all not be an easy profit generator, it all comes from the way we manage it. 


Decision on buying needs to be taken without others intervention. When the decision is ours we won't find it difficult even if the market change cause a loss, but the same won't be acceptable if it happens once after we make a buying with the suggestion from person next to us. To predict and make a buying is really a big challenge until one makes his first profit.

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January 02, 2020, 12:27:15 AM
 #110

You have stronger reason why have to buy bitcoin because when you have enter for investing with bitcoin and price suddenly down you need waiting for long time get back your money and profit, if you first time investing with bitcoin and altcoin you have check and ask with many people about when have to buy and invest with bitcoin if reach profit later.
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January 02, 2020, 06:58:02 AM
 #111

I see that kind of issue all the time. In my opinion, purchase and manage your coins properly as long as you have the money. Don't always wait and talk about what if the price goes down after I purchased it, so be it, the price won't go up. It's going to finally go up. If you're here for how many years, you know the price will be affected by the upcoming halving. If half is coming, don't hesitate to invest. It's one of the safest time to buy before halving.

You got that right, question "should I buy bitcoin now" is the most frequent question of all times here. People asked that years ago, people still ask that question. Looks like some people wait 5 digits price to buy, because now the price is high, but we all know that the price can be higher, so why not wait a bit more and then buy it. Majority of people have horrible timing when it comes to buying or selling bitcoin, even thou there are good topics here about that, good buying and selling signals, some people will never learn.

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January 02, 2020, 11:58:51 PM
 #112

Bitcoin is a store of value and there is no time you buy it that will not pay off as log you aim for a longer period. Being the first digital currency and over 60% dominance of the entire crypto make it an investment of choice. This is not financial advice but the way I  just perceive it

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January 03, 2020, 05:31:18 AM
 #113

If you believe that it will save your ass and make money on it, there is no reason to decline such an opportunity.
The price is cheap and a good time to buy Bitcoin. That was a good idea but just ask your self what if the market will continue to dump next year? Can you still manage to hold or just sold it and quit?
That was a big question. Before buying Bitcoin for the investment we should also know our capability to accept losses and challenges along the way. It all not be an easy profit generator, it all comes from the way we manage it. 


for now, the price of bitcoin is indeed doing a discount and is an opportunity to buy in large quantities, it's just that we need to know our capacity. however, buying bitcoin is currently not so harmful before the price reaches $ 8000. but honestly buying bitcoin is not something that needs to be questioned, it depends on the needs and strategies that you prepare. buy now before the price becomes higher.


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January 03, 2020, 01:12:18 PM
 #114

We can buy as much as we wanted, but don't wait for quick profit first of all. When buying bitcoin during bearish days, it needs to grow higher than the current value. Don't let your income float for the sake of money security, but I'm going to have to advise many of us here to always invest money for bitcoin the sum you can afford to store longer terms. Frequent trading can not be maintained due to an unexpected market slowdown.
We can allocate as much as we can but we should consider the risks. We cannot just buy bitcoin even if we have high capital. Proper allocation can make us have good investment. You cannot also follow someones opinion easily, think the possibilities in order for you to have an idea what will happen to your investment. You should just buy bitcoin if you know the perfrct entry in the market.
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January 03, 2020, 03:05:51 PM
 #115

We could go back to 2019 and when was it a good place to buy, similarly now thats a reasonable place to buy without over exposing yourself if you have limited capital for purely speculation reasons.  Obviously people can hold BTC for other reasons but there is alot of speculation no doubt about it.


Here is 2019 Feb and when we crossed the 50 day average, it was quite often resisted before we did finally break that selling meta to move onto greater things.
  Doesnt look like much but thereafter we kept above that reasonable level of positive momentum, hence you got a buy signal to watch.


Here is now, likely more work to do but we'll see if it can cross this blue line with confidence

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January 11, 2020, 03:08:59 PM
 #116

If you believe that it will save your ass and make money on it, there is no reason to decline such an opportunity.
The price is cheap and a good time to buy Bitcoin. That was a good idea but just ask your self what if the market will continue to dump next year? Can you still manage to hold or just sold it and quit?
That was a big question. Before buying Bitcoin for the investment we should also know our capability to accept losses and challenges along the way. It all not be an easy profit generator, it all comes from the way we manage it. 


for now, the price of bitcoin is indeed doing a discount and is an opportunity to buy in large quantities, it's just that we need to know our capacity. however, buying bitcoin is currently not so harmful before the price reaches $ 8000. but honestly buying bitcoin is not something that needs to be questioned, it depends on the needs and strategies that you prepare. buy now before the price becomes higher.

all risks that will be faced later must be considered carefully and of course we must be able to face losses if indeed bitcoin price movements do not increase. but I am sure bitcoin will be more valuable in the future, therefore as much as possible we should take the opportunity now to invest more in it before prices rise sharply

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January 11, 2020, 03:37:32 PM
 #117

Comparing to bitcoin's ATH the price is really low and it's possible for bitcoin to reach its ATH again and I guess the price is slowly going up (slow but sure), hopefully, there is no accident like hacking or something that can cause the price falling down drastically as we've seen this issue happened in the past. You might check bitcoin's price history when it felt from $ 1k to 200 or so, and how it could reach its ATH.
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January 11, 2020, 03:51:44 PM
 #118

Comparing to bitcoin's ATH the price is really low and it's possible for bitcoin to reach its ATH again and I guess the price is slowly going up (slow but sure), hopefully, there is no accident like hacking or something that can cause the price falling down drastically as we've seen this issue happened in the past. You might check bitcoin's price history when it felt from $ 1k to 200 or so, and how it could reach its ATH.
It won't bother me to see how the market moves and I understand how the market behaves.
If we can remember how many times that market price been folded up high during halving, that is also I see this year. Not just I hoped but also I trusted to make is possible. Leaving no doubt that we are able to make highs after halving as it has done before.

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January 11, 2020, 04:25:56 PM
 #119

Comparing to bitcoin's ATH the price is really low and it's possible for bitcoin to reach its ATH again and I guess the price is slowly going up (slow but sure), hopefully, there is no accident like hacking or something that can cause the price falling down drastically as we've seen this issue happened in the past. You might check bitcoin's price history when it felt from $ 1k to 200 or so, and how it could reach its ATH.
It won't bother me to see how the market moves and I understand how the market behaves.
If we can remember how many times that market price been folded up high during halving, that is also I see this year. Not just I hoped but also I trusted to make is possible. Leaving no doubt that we are able to make highs after halving as it has done before.
Market move to higher price but why not buy bitcoin right now, although few months later will bitcoin halving time and bitcoin back to higher price again, maybe have reason why not but bitcoin right now? I am still waiting best solution about bitcoin halving next month for investing with bitcoin right now or not, which one is better for investing with bitcoin or waiting first.

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January 11, 2020, 04:39:37 PM
 #120

bitcoin have high value because you can use it for shoping and you can investe your money into bitcoin like reason of investement in gold ; at current prices bitcoin bellow 10k usd i think this is good oppority for buying bitcoin under 10 k usd befor halving
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