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Author Topic: should I buy now?  (Read 1386 times)
arwin100
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January 23, 2020, 02:09:46 PM
 #61

It is not hard if you have ever planned of it already. The market is dropping now and you can start buying while the others are thinking if it's the good time to buy now. Don't just think of it as a good time to buy but instead of thinking, just do it. When bitcoin has surged to $9,000 then everyone is thinking of buying at $8,500. Then $8500, $8400 and $8300 came. Just like them, you have to start thinking of what certain price you have to start filling up your bag with bitcoin.

To be honest, I think we are at a decisive point right now. We are close to the upper band of the downwarding channel. If we enter it back again, I would be not surprised to go all the way back down again, which would correlate to a price of $5-6k. Probably the whole crypto world is watching the price movement in the next 48 hours. Fingers crossing for some bounce back up.



I do not look at the charts, but I was also waiting for what would happen after this first correction. The longer the price did not rise, the more I was sure that the price would continue to fall. Unfortunately, but what you wrote is most likely for me at the moment. I am waiting for $ 6k.

Well the chart is our guide to see on what would be the next prediction will came but apparently we shouldn't rely on this since it's really better if we do our very own research but for thinking that we can reach to $6000 by now maybe we are dreaming to see that coming since for sure the lowest price we could reach for these days is at $7,500.

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January 23, 2020, 02:27:26 PM
 #62

It is not hard if you have ever planned of it already. The market is dropping now and you can start buying while the others are thinking if it's the good time to buy now. Don't just think of it as a good time to buy but instead of thinking, just do it. When bitcoin has surged to $9,000 then everyone is thinking of buying at $8,500. Then $8500, $8400 and $8300 came. Just like them, you have to start thinking of what certain price you have to start filling up your bag with bitcoin.

To be honest, I think we are at a decisive point right now. We are close to the upper band of the downwarding channel. If we enter it back again, I would be not surprised to go all the way back down again, which would correlate to a price of $5-6k. Probably the whole crypto world is watching the price movement in the next 48 hours. Fingers crossing for some bounce back up.



I do not look at the charts, but I was also waiting for what would happen after this first correction. The longer the price did not rise, the more I was sure that the price would continue to fall. Unfortunately, but what you wrote is most likely for me at the moment. I am waiting for $ 6k.

Well the chart is our guide to see on what would be the next prediction will came but apparently we shouldn't rely on this since it's really better if we do our very own research but for thinking that we can reach to $6000 by now maybe we are dreaming to see that coming since for sure the lowest price we could reach for these days is at $7,500.
Indeed. By looking in the market I don't ever think that Bitcoin will drop by $6,000 but rather I think it will only played around $7k -$8k hence, if you are going to buy right now would probably be a good time. Since OP is going for a long term trade then I guess he can but anytime he want because there are some speculation that Bitcoin halving would be a good news.

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January 23, 2020, 02:28:09 PM
 #63


I do not look at the charts, but I was also waiting for what would happen after this first correction. The longer the price did not rise, the more I was sure that the price would continue to fall. Unfortunately, but what you wrote is most likely for me at the moment. I am waiting for $ 6k.

Well the chart is our guide to see on what would be the next prediction will came but apparently we shouldn't rely on this since it's really better if we do our very own research but for thinking that we can reach to $6000 by now maybe we are dreaming to see that coming since for sure the lowest price we could reach for these days is at $7,500.

As I wrote, I do not look at the charts. I also don't know when the price will drop to $6k, because it can be two weeks or can be a month. It certainly won't fall so low in a few days, so I agree with you that the next level is around $7500


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January 23, 2020, 02:47:18 PM
 #64


I do not look at the charts, but I was also waiting for what would happen after this first correction. The longer the price did not rise, the more I was sure that the price would continue to fall. Unfortunately, but what you wrote is most likely for me at the moment. I am waiting for $ 6k.

Well the chart is our guide to see on what would be the next prediction will came but apparently we shouldn't rely on this since it's really better if we do our very own research but for thinking that we can reach to $6000 by now maybe we are dreaming to see that coming since for sure the lowest price we could reach for these days is at $7,500.

As I wrote, I do not look at the charts. I also don't know when the price will drop to $6k, because it can be two weeks or can be a month. It certainly won't fall so low in a few days, so I agree with you that the next level is around $7500
Then, I have to suggest that you have to try reading the chart. You can't just ignore this because you'll realize its importance when dealing with this kind of market volatility. Many traders become successful just of the aide of the chart, candlestick, and a lot of tools they used. Actually, there is no harm to trying, maybe this could help you to become profitable than of your usual strategies.
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January 23, 2020, 04:34:36 PM
 #65


I do not look at the charts, but I was also waiting for what would happen after this first correction. The longer the price did not rise, the more I was sure that the price would continue to fall. Unfortunately, but what you wrote is most likely for me at the moment. I am waiting for $ 6k.

Well the chart is our guide to see on what would be the next prediction will came but apparently we shouldn't rely on this since it's really better if we do our very own research but for thinking that we can reach to $6000 by now maybe we are dreaming to see that coming since for sure the lowest price we could reach for these days is at $7,500.

As I wrote, I do not look at the charts. I also don't know when the price will drop to $6k, because it can be two weeks or can be a month. It certainly won't fall so low in a few days, so I agree with you that the next level is around $7500
You can give opinion based on your research and your analyze bitcoin price next month, don't worry if make mistake with prediction of bitcoin price because many expert in bitcoin analyze can make bigger mistake when predicting bitcoin and altcoin price, their prediction so far from bitcoin price and check how many people predicted with bitcoin price last October 2019?
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January 23, 2020, 05:25:46 PM
 #66

Bitcoin price just go down today after it breaks its support of $8500, so I guess you need to wait for some time and need the market price to stabilize before getting in.  There might be some panic seller after they saw the price go down so there is a possibility that the price will even go lower in the next days.

Just to get back on the OP topic. He (OP) is trying to have long-term investment (holding). In this case, chart or daily price changes shouldn't be a big matter for him. He shouldn't need to wait the price to go lower, cause the main point is only to take profit by the end of his long-term plan.

Even though, buying at lower price is better cause he can get more Bitcoin, it's just not the main point. He could wait more time but if he doesn't really know when to buy, that would just ruin his long-term plan.

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AliMan
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January 23, 2020, 08:47:06 PM
 #67

It is not hard if you have ever planned of it already. The market is dropping now and you can start buying while the others are thinking if it's the good time to buy now. Don't just think of it as a good time to buy but instead of thinking, just do it. When bitcoin has surged to $9,000 then everyone is thinking of buying at $8,500. Then $8500, $8400 and $8300 came. Just like them, you have to start thinking of what certain price you have to start filling up your bag with bitcoin.

To be honest, I think we are at a decisive point right now. We are close to the upper band of the downwarding channel. If we enter it back again, I would be not surprised to go all the way back down again, which would correlate to a price of $5-6k. Probably the whole crypto world is watching the price movement in the next 48 hours. Fingers crossing for some bounce back up.



I do not look at the charts, but I was also waiting for what would happen after this first correction. The longer the price did not rise, the more I was sure that the price would continue to fall. Unfortunately, but what you wrote is most likely for me at the moment. I am waiting for $ 6k.

Well the chart is our guide to see on what would be the next prediction will came but apparently we shouldn't rely on this since it's really better if we do our very own research but for thinking that we can reach to $6000 by now maybe we are dreaming to see that coming since for sure the lowest price we could reach for these days is at $7,500.

This is the best opportunity to buy while the lower value won't take so long based on what I figured out on the idea I have. I am looking forward to seeing possible price outbreak for the incoming days, and the chart would be a good tool for us to determine the strength index of cryptocurrency market. For this time, lets observed the market behavior and while it's taking more potential spikes than we should grab chances; buy enough btc to fill in your holdings.

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January 23, 2020, 10:21:56 PM
 #68

It is not hard if you have ever planned of it already. The market is dropping now and you can start buying while the others are thinking if it's the good time to buy now. Don't just think of it as a good time to buy but instead of thinking, just do it. When bitcoin has surged to $9,000 then everyone is thinking of buying at $8,500. Then $8500, $8400 and $8300 came. Just like them, you have to start thinking of what certain price you have to start filling up your bag with bitcoin.

To be honest, I think we are at a decisive point right now. We are close to the upper band of the downwarding channel. If we enter it back again, I would be not surprised to go all the way back down again, which would correlate to a price of $5-6k. Probably the whole crypto world is watching the price movement in the next 48 hours. Fingers crossing for some bounce back up.


I'm seeing analysis like that and yes, it's still a moment of thinking to buy. But it's all up to the folks that wants to buy right now, if they want to and considers this price as a good one means that they'll start buying.
The same speculation everywhere and charts are likely to be like that whenever I scroll on different platforms, I'm no TA expert but there seems to be a consensus with what's about to happen next.

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January 24, 2020, 02:53:15 PM
 #69

You can buy bitcoin now if you have some money for your daily needs. Don't spend all your money on investments because you also have to be able to manage your money for daily needs.

Nobody needs this kind of advice cause without you suggest so, they will always consider their daily expenses before allocating their money for investment. Well, unless they are crazy and stupid!
Investing your money does not mean to invest all your money but try to do all in the limit. When you have the money you can invest that money. I think now is the best time and we will not have to spend high amount on buying crypto we can easily get at a low price but it will be so high better to buy it now and don’t lose the opportunity later on the price will be high.
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January 24, 2020, 03:03:19 PM
 #70

Problem is there no one certain line, TA to determine an answer on this question would be an accumulated opinion I think not one thing.     I have the old downtrend at 8000 for example and we found a local bottom today but this relates to January price action and we could need to reach 8000 to find longer term support.



So two day average just overhead is first upside target to measure strength but I would watch the probable resistance at 8500.   I'd like to see the reaction at that level and I believe its a price pivotal in the past.

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January 24, 2020, 03:18:37 PM
 #71

I did  buy in bitcoin over a month ago 7k the plan is  to be a long-term hold.
Be disciplined. If you have a target plans then focus on that. If you planned to buy more and hold Bitcoin then do it Smiley. What can I say is just buy more Bitcoin now that the halving isn't happening yet. Many are expecting that prices will increase when halving is near already as it happened in its last halvings.

This Is the hard part of my plan trying to figure out should I just hold onto the cash in my account and see what the prices do?
JUST MOTHERFUCKING BUY BITCOIN!!!!!!!!!!!!!!!!!!!!!!!!!!!

 
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January 24, 2020, 03:53:47 PM
 #72

You can buy bitcoin now if you have some money for your daily needs. Don't spend all your money on investments because you also have to be able to manage your money for daily needs.

Nobody needs this kind of advice cause without you suggest so, they will always consider their daily expenses before allocating their money for investment. Well, unless they are crazy and stupid!
Investing your money does not mean to invest all your money but try to do all in the limit. When you have the money you can invest that money. I think now is the best time and we will not have to spend high amount on buying crypto we can easily get at a low price but it will be so high better to buy it now and don’t lose the opportunity later on the price will be high.

Investing your money is far better than saving in real money in crypto, you can get big profits if this is really lucky for you because crypto prices are very fluctuating and can cause ups and downs in prices.
Currently the market is down you can invest it so that it will not miss if the pumping occurs again.

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January 25, 2020, 09:36:52 AM
 #73

Buying now will likely bring you very large profits in the next 2 years. Do your own research though, nobody here is an oracle.

2 years is a long term. You can try to buy it now, then hold it for a long time, surely it will be a huge profit because bitcoin will increase in the next 2 years.
And the OP must be sure about it because if you are not sure you will definitely sell it halfway.
Bitcoin is indeed worthy of an investment but do note the market volatility, with that being said, expect inconsistent profit given that its market value will not always go up because there are still times of downfall which is unpredictable. If you would aim for longterm investment be sure to ready yourself to be patient at times of backdrops with regards to its market value. But focusing at this moment's market behavior, it is a good sign to invest since it has just started its uprise motion.
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January 25, 2020, 09:53:12 AM
 #74

It seems Bitcoin is going down due to the Chinese New Year, so you can track and buy bitcoin at $ 7800-8000 if it collapses. That's the best price this year if you can afford it because in the next few weeks the price of BTC will go up and it's likely to surpass $ 10,000 by May.

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January 25, 2020, 10:51:02 AM
 #75

I did  buy in bitcoin over a month ago 7k the plan is  to be a long-term hold.  Now I have about 20% more to buy in with, with the prices so high and everything I was going to buy some Altcoins Mainly Ethereum Or more bitcoin.
This Is the hard part of my plan trying to figure out should I just hold onto the cash in my account and see what the prices do?
Since your target is long term hold, you should buy more btc. Holding btc for a long time is proven to be worth it. If you won't use your spare cash, just use it to invest rather keeping it and not growing. I'm not against Ethereum since it's also a good coin and next to btc but if you will compare the profit you will make in long term with btc, it's kinda bigger. When it comes to investment, you should always choose the opportunity where you can make more profit.
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January 25, 2020, 12:28:37 PM
 #76

If the price is you wanted and you can profit after the event then it is time to buy, but for me I'll wait a little more longer for deepest price and wait for it. everyone is expecting that the price will be higher in the event. holding it for months is worthy and earn profit in the day of halving. 

Watch out for this SPACE!
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January 25, 2020, 01:03:39 PM
 #77

I did  buy in bitcoin over a month ago 7k the plan is  to be a long-term hold.  Now I have about 20% more to buy in with, with the prices so high and everything I was going to buy some Altcoins Mainly Ethereum Or more bitcoin.
This Is the hard part of my plan trying to figure out should I just hold onto the cash in my account and see what the prices do?
buy and buy as long as you have capital to accumulate because we are getting closer from Halving and adoption so the more we have control is the more chances of being profitable this year.
look at the price mate?stabling at $8k and this is good sign that we are nearing to pump,since you have total mean of holding then don't bother how much the value when the time of buying but what is important is the price when you decide to sell the holdings in future(not unless you only have months to hold?)

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January 25, 2020, 02:27:30 PM
 #78

The market is correcting right now. It couldn't break the resistance of $9700 and is now pushed back to $8300. There are supports at $8100 with high volume but could break as bulls are dried out. But I think another wave of bull move will take place and $9700 will again be tested soon. If breached we will enter a bullish phase.

Right now investing will not make sense as there is no stability in price. It is still correcting. Wait for the correction to get over.
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January 25, 2020, 04:32:00 PM
 #79

The market is correcting right now. It couldn't break the resistance of $9700 and is now pushed back to $8300. There are supports at $8100 with high volume but could break as bulls are dried out. But I think another wave of bull move will take place and $9700 will again be tested soon. If breached we will enter a bullish phase.

Right now investing will not make sense as there is no stability in price. It is still correcting. Wait for the correction to get over.
How come you can prediction with bitcoin price correcting right now and growing up above $9,700? I think is not logic way how to understand with bitcoin back to higher price after many time seeing bitcoin keep down and lower price, with chinese new year moment have make bad reputation for bitcoin going with lower price.

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January 25, 2020, 09:44:09 PM
 #80

If the price is you wanted and you can profit after the event then it is time to buy, but for me I'll wait a little more longer for deepest price and wait for it. everyone is expecting that the price will be higher in the event. holding it for months is worthy and earn profit in the day of halving. 
Sellers should wait to sell because there are high chances to see the price increases and buyers should not wait as later on, they will regret to lose the chance so that's why Better buy now it's best time for it as the price is low and chances to see it policing high is more and more so better those who have money should go and buy bitcoin and store them in wallet until it fully recovers.
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