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Author Topic: Is this the right time to buy now? Or wait for a bit to go even lower?  (Read 699 times)
Shinpako09
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December 20, 2019, 04:55:33 AM
 #61

You can do both. Split your money into two. Used the half to buy and wait for price increase. The another half will be use just in case the price will drop even lower. By that, you didn't miss a chance whatever happened, rise or fall. Or use it all and buy for once. Remember you cannot avoid losses and mistake especially in trading, no one can predict exactly. As long as it is minimal, you're still good. Also, the price is considerably cheap if you will think about the speculation on having a new ATH sooner.
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December 20, 2019, 06:58:43 AM
 #62

Well, you just got your lower price, and it didn't last long at all, did it? And let's say you did get in at 6500, did you really spend 6500? To get a big gain of 600 now?

Probably not worth the anguish of waiting and wondering, right?

Dollar cost average yourself and save time and headache.

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gabmen
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December 20, 2019, 07:10:20 AM
 #63

Well, you just got your lower price, and it didn't last long at all, did it? And let's say you did get in at 6500, did you really spend 6500? To get a big gain of 600 now?

Probably not worth the anguish of waiting and wondering, right?

Dollar cost average yourself and save time and headache.

They're probably not even buying bitcoin at any point lol. Just having fun speculating and letting people know about their thoughts. A trader knows how to average the money they spend. You're right. I doubt many of us here arr buying full btcs. We just buy what our funds can afford. So buy in spurts. You can't tell whether the value will drop some more so do it little by little. As you've said learn how to average your crypto expenses.

 
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December 20, 2019, 07:51:21 AM
 #64

If I have $ 1000 then 50% I will buy Bitcoin at the current price and I will save another 50% for backup if the price drops again. I am optimistic that the current price is the right time to buy Bitcoin, I have confidence that the price of Bitcoin will reach 10k in 2020.

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December 20, 2019, 07:59:07 AM
 #65

the end of the year is a time when all traders should relax and enjoy a vacation with family, I wonder why many people complain about the price of bitcoin falling and what people say Tone Vays about predictions, if you look at the market today you will feel aware that you are being played with , prices will continue to stabilize once in a while they play under $ 7000 and once in a while they play above $ 7000, prices will continue to be like this repeatedly and for those of you who feel panicked it will feel like being played with at current prices. so relax for a moment, for those of you who buy under $ 7,000 is appropriate  Wink

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December 22, 2019, 10:36:21 AM
 #66

I think everyone has different decisions and speculations regarding the price of bitcoin. usually I will buy bitcoin after I see the value of bicoin has decreased several times. like yesterday when the value of bitcoin fell from $ 8000 to $ 7000 I would stay calm and wait again. then if bitcoin falls again to $ 6500 I just buy bitcoin. so my principle is always to wait a few days after the decline. and I think right now is the right time to buy before the price of bitcoin rises again to $ 9,000. but this is only speculation that can be right or wrong.

 
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December 22, 2019, 11:05:33 AM
 #67

This is not wise to follow any financial advice like investing into any project, time to buy/sale from random people. No one knows nothing. Who knows when btc or any crypto's market will grow? And if anyone knows about anything, he/she will never share with you. Just do your own research and do whatever your mind says to you.

That’s very true, anyone can say whatever they want about the price and where it is going but no one really can claim it is 100% accurate because no one knows what will be the price in the next days or months. I would suggest you do what you think is best based on what you’ve studied and understood with the markets movement rather than base it on someone else’s and then end up being disappointed. For me, whenever there’s a low price, it is an opportunity for us to invest in because we don’t know maybe tomorrow it will grow.
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December 23, 2019, 02:53:16 PM
 #68

It's very difficult to predict the short term. But the long term, as in months and years out, is quite simple. The longer the term, up to a certain extent, the simpler it is to think about it. Buy now. Sell after several years. Usually that means profits or gains.

But to buy now only to to sell tomorrow is usually not a smart move.

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December 23, 2019, 06:21:01 PM
 #69

Its possible BTC is breaking out of negative trends in place since July, so the answer might finally be yes.   If you ask me right this second then I'm looking at some profit taking occuring.   Price did not manage to cross 50 day average and is below 50 week average, if it crosses both those then its more bullish.     Indicating it might leave the negative trend and actually doing so with proper confirmation is another matter, it can take day weeks even months to finally prove its metal and we cannot be sure but I at least try to be aware of possible moves.

https://i.imgur.com/zT2HInY.png 

Thats 1st a brief snap, positive look.   Not that long after I look and see its hit its head on a low mine shaft Tongue   seems we dip below 7450 the horizontal line there, thats more bearish looking.   Might be a longer wait for the larger move, today people sell some for profits feels like to me.
  We waver on still.

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December 26, 2019, 08:33:42 PM
 #70

Its possible BTC is breaking out of negative trends in place since July, so the answer might finally be yes.   If you ask me right this second then I'm looking at some profit taking occuring.   Price did not manage to cross 50 day average and is below 50 week average, if it crosses both those then its more bullish.     Indicating it might leave the negative trend and actually doing so with proper confirmation is another matter, it can take day weeks even months to finally prove its metal and we cannot be sure but I at least try to be aware of possible moves.
Thats 1st a brief snap, positive look.   Not that long after I look and see its hit its head on a low mine shaft Tongue   seems we dip below 7450 the horizontal line there, thats more bearish looking.   Might be a longer wait for the larger move, today people sell some for profits feels like to me.
  We waver on still.
Your words are really in my opinion very correct.  Of course, Bitcoin has been showing a downward trend for quite a long time, as many experts have talked about and predicted.  Some cryptocurrency users are comparing the current state of affairs in the cryptocurrency market with the end of 2018, and if we continue the analogy, then the next 2020 should be similar to the beginning of 2019.  Perhaps today is really a very good opportunity for those who decide to make investments at current prices.
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December 26, 2019, 10:09:56 PM
 #71

It's very difficult to predict the short term. But the long term, as in months and years out, is quite simple. The longer the term, up to a certain extent, the simpler it is to think about it. Buy now. Sell after several years. Usually that means profits or gains.

But to buy now only to to sell tomorrow is usually not a smart move.
As said immediate profiting is not gonna happen now. Now it is a must to have patience once buying, because there isn't perfect time period for growth. There is fluctuation in the market price, and no steady growth. If short term profiting is the plan, then buying in large numbers and gaining out of the small difference between the buying and selling seems to be the only choice.

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December 26, 2019, 10:12:34 PM
 #72

Halving won’t even guarantee us that Bitcoin would pump.

If we look in past, we can see that the price is more likely to increase a lot.. but only many months after halving

Honestly, I would like to wait a bit before it goes down even further to fill my buy order.

The problem is that if the opposite happens, it seems to me that whenever the price drops to $ 6500 days later the price increases back to $7200. It looks like someone sells large amounts of bitcoin just to see the price drop a lot. of course this is my assumption and I have no proof

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December 27, 2019, 12:40:46 PM
 #73

bitcoin prices continue to fall at this time, honestly I'm also still waiting to buy, is this the right time or have to wait again because I'm also worried bitcoin prices will fall further

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December 27, 2019, 04:37:36 PM
 #74

bitcoin prices continue to fall at this time, honestly I'm also still waiting to buy, is this the right time or have to wait again because I'm also worried bitcoin prices will fall further
Just look at the chart and follow the market movement, by doing this you can make your own analysis and start your trading strategy. The market seems a bit stable compared to the other week when the market is a little bit unstable that even trading bit by bit will still lead to losses.

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