mindcntrol (OP)
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May 10, 2020, 09:34:08 PM |
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Looks like probably can get more down, but know that bch has a good m.cap and that whas worth more than 2700usd, do you consider 230 usd enought or maybie cause btc will fall probably more is till not bottom?
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bigcash2011
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May 10, 2020, 09:48:26 PM |
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I think it is low enough to enter and best method is to dollar cost average your holdings that means if you buy now and the price dumps you can buy more and this will make your average buying price better so that you can profit more during bull run.
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Jating
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May 10, 2020, 10:24:53 PM |
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Looks like probably can get more down, but know that bch has a good m.cap and that whas worth more than 2700usd, do you consider 230 usd enought or maybie cause btc will fall probably more is till not bottom?
First, it's really hard to time the market and buy at the bottom, even TA can't really predict if we have reach the bottom for BCH. Second, even if someone says it's a good buying signal, most likely he is a bagholder of BCH and obviously shilling for it. What would I advise you is to try and buy in small portions and see how it goes. Maybe we can see another dump, if that happens then buy at the dip. If the price goes up, unless you have entered, don't go all in as you might get burn early.
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Kelvinid
Sr. Member
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Activity: 2828
Merit: 344
win lambo...
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May 10, 2020, 10:31:35 PM |
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Looks like probably can get more down, but know that bch has a good m.cap and that whas worth more than 2700usd, do you consider 230 usd enought or maybie cause btc will fall probably more is till not bottom?
Better have to wait sometimes. The bottom isn't yet out of it and not even sure with that since the market is really in the moving high. If you suppose to buy BCH, better to look at first of Bitcoin price because once it drops, the rest will follow. I hope BCH will be good for you or someone pushing you in coz in me, I was keeping out from it rather than to consider most on Bitcoin. But if you really want BCH in you, I suggest not focus on it, better to have some share into other altcoins to make it safe(just in case).
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btc_angela
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May 10, 2020, 10:35:13 PM |
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Looks like probably can get more down, but know that bch has a good m.cap and that whas worth more than 2700usd, do you consider 230 usd enought or maybie cause btc will fall probably more is till not bottom?
It's hard to tell where the price will go. We have seen bitcoin crushes bringing down the top 10 altcoin including BCash. I think we have reached resistance @$230 so I'm not expecting any further dump, unless BTC flash crash again, which I doubt since we are almost in the halving. It's hard to give you financial advise, and I don't think it's not right to give one because we don't have the crystal ball and see what the future hold, just saying.
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TimeTeller
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May 10, 2020, 10:35:51 PM |
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Looks like probably can get more down, but know that bch has a good m.cap and that whas worth more than 2700usd, do you consider 230 usd enought or maybie cause btc will fall probably more is till not bottom?
First, it's really hard to time the market and buy at the bottom, even TA can't really predict if we have reach the bottom for BCH. Second, even if someone says it's a good buying signal, most likely he is a bagholder of BCH and obviously shilling for it. What would I advise you is to try and buy in small portions and see how it goes. Maybe we can see another dump, if that happens then buy at the dip. If the price goes up, unless you have entered, don't go all in as you might get burn early. Usually I think of that also when someone is saying that this is a good time to buy this and that. That they own such alt and wanted others to buy it so the price may increase in the market. For me, there's no right time or wrong time when you are investing in crypto. As long as you are practicing the simple rule of trading - buy low, sell high, you are good to go.
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maxreish
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May 11, 2020, 02:01:21 AM |
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You can consider it as low as of the moment. If you spot it's high price before then it is best to buy it if you want to do some long term hold. Just remember that if it will gonna dump again, disregard regrets as it will still go pump like other coins do. Since bitcoin down it seems some of the altcoins including bch is following btc's path, so it is up to you if you will wait another dump or you will buy at $230. After all, it is still a good price to buy.
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Dr.Osh
Legendary
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Activity: 2814
Merit: 1004
Buzz App - Spin wheel, farm rewards
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May 11, 2020, 05:53:52 AM |
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for now, yes, I feel that the price of BCH is already low enough to be bought. other than that, I think the price of bitcoin has stabilized at $ 8k after the decline of $ 10k. in addition, the price of bitcoin may return to the pump, and the price of BCH will rise again in a short time. we usually see it happening when the price of bitcoin rises.
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Tahid12
Member
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Activity: 433
Merit: 13
#SWGT PRE-SALE IS LIVE
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May 11, 2020, 06:34:29 AM |
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Looks like probably can get more down, but know that bch has a good m.cap and that whas worth more than 2700usd, do you consider 230 usd enought or maybie cause btc will fall probably more is till not bottom?
It can be seen that bch get descress from $270 to $230 within a day. And can be go down below more. Can't say anything surely because of Epidemic period. You had Better to wait 2days or 3days for another dump. Then feel free to buy bch, the amount you want.
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leea-1334
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May 11, 2020, 10:01:46 AM |
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Absolutely no price is low enough to buy for this coin. I do not mind altcoins at all,,, in general I think they are not worth my time but I still have very high regards for proper coins that did a load of work and thinking into their projects. BCH is so not one of them! And the toxicity they still spread in the community?
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Botnake
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May 11, 2020, 10:16:36 AM |
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That's low enough IMO, I am not a fan of BCH or BSV as I don't like BTC forks, but looking and the current price of BCH and its past performance, we are looking at an opportunity now. If you have check its past, BCH ATH was over $3K, and we are talking of a price less than 10% of its ATH, I think that's a steal if you believe on this coin.
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blockman
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May 11, 2020, 11:29:38 AM |
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Can't deny that it has a good market cap but the coin itself isn't good despite that. do you consider 230 usd enought or maybie cause btc will fall probably more is till not bottom?
It's cheap as it is but with that amount, I can get around 0.026 BTC which is a better deal IMO.
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hulla
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May 11, 2020, 10:36:55 PM |
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Looks like probably can get more down, but know that bch has a good m.cap and that whas worth more than 2700usd, do you consider 230 usd enought or maybie cause btc will fall probably more is till not bottom?
Crypto market trend cant be predicted cause the uptrend market usually happen when less scheduled and the current price of the coin is subject is enough to buy it now rather than wait for the market price to go more lower but i hope the OP understand the coin concept and historical data very well because most of the coin cap are coin creator effort.
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CaVO32
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May 11, 2020, 10:43:05 PM |
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Looks like probably can get more down, but know that bch has a good m.cap and that whas worth more than 2700usd, do you consider 230 usd enought or maybie cause btc will fall probably more is till not bottom?
Crypto market trend cant be predicted cause the uptrend market usually happen when less scheduled and the current price of the coin is subject is enough to buy it now rather than wait for the market price to go more lower but i hope the OP understand the coin concept and historical data very well because most of the coin cap are coin creator effort. Yes, you can't predict when will it go lower than the current price. If you are a trader, just apply the simple rule of trading - buy low, sell high. You don't have to wait for the dip as no one can really see the future. If you will do the intermittent trading, and always apply the simple rule of trading, you can accumulate good profits already. There's no need to wait for the "right" timing per se.
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StephenJH
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May 11, 2020, 11:20:39 PM |
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As you above said BCH price is lower than its price in the past. l think this price can be enough for investing in BCH. But l don't prefer to invest in BCH, that is why instead of BCH l would try investing in ETH. It is just my personal opinion, but if you make investments in any coins, you must decide yourself, buy low, and sell high it is just method. If you believe that BCH can get high price in the future, invest in BCH.
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reallester
Full Member
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Activity: 646
Merit: 102
http://Moonbet.io
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May 12, 2020, 12:16:11 AM |
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Looks like probably can get more down, but know that bch has a good m.cap and that whas worth more than 2700usd, do you consider 230 usd enought or maybie cause btc will fall probably more is till not bottom?
Well, no one knows the actual time to buy a coin on the crypto space. But it is better to buy the lowest dips. For BCH, is there any upcoming events around it? I seem to have lost track of the coin.
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lienfaye
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May 12, 2020, 01:52:15 AM |
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If the value is cheaper than before and you can afford the price then take advantage it already.
We cant predict the next movement of the market therefore no one can accurately say if the next price is turning up or go lower further.
Buy during dip is the right timing to buy but the question is how can we determine if the price already reach it?
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coronga
Jr. Member
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refercoins.com
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May 12, 2020, 03:07:00 AM |
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no, if we look compared to pasts months the price of bch is still high, wait for all this corona thing to pass to get a perfect moment to buy.
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BTC ReferCoins BTC ✦ ──── Earn Bitcoin The Easy Way ──── ✦
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SillyGirl
Jr. Member
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Activity: 147
Merit: 1
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July 14, 2020, 10:49:34 AM |
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It looks like the price is going down further. Compared to Jun the price at this moment is still high. Maybe wait a little bit longer for the dip? Source: BitcoinCash stats
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durilup
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July 14, 2020, 02:30:22 PM |
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It's all up to you if you consider that price is low . In my opinion you should divide that money in top10 coins on coinmarketcap . Maybe you will win more money than investing in one coin.
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