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Author Topic: Is it getting late to buy crypto again?  (Read 845 times)
Bitbuffalo
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September 15, 2020, 04:23:11 PM
 #141

Bitcoin was trading around upper 11K for most parts in last 3 months with occasionally over 12K and it suddenly plunged below 10K, now it's recovering and climbing upwards. Is it a right time to bag all the coins you can or is the market going to drop again before reaching another 12K for bitcoin? People that sold in 12K and bought it again at below 10K already are making good profit at this time. It's really difficult to decide when to sell and when to buy.

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September 15, 2020, 04:28:42 PM
 #142

Bitcoin was trading around upper 11K for most parts in last 3 months with occasionally over 12K and it suddenly plunged below 10K, now it's recovering and climbing upwards. Is it a right time to bag all the coins you can or is the market going to drop again before reaching another 12K for bitcoin? People that sold in 12K and bought it again at below 10K already are making good profit at this time. It's really difficult to decide when to sell and when to buy.
No one can accurately get in the bottom and cashout at peak everytime, if anyone would have got such accuracy and power he would have been the richest person on earth with multi billion dollars worth accounts at exchanges and even bigger holdings in private wallets. So as far as you are picking good coins just average down your costs and you will be ok.

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September 15, 2020, 04:32:08 PM
 #143

Bitcoin was trading around upper 11K for most parts in last 3 months with occasionally over 12K and it suddenly plunged below 10K, now it's recovering and climbing upwards. Is it a right time to bag all the coins you can or is the market going to drop again before reaching another 12K for bitcoin? People that sold in 12K and bought it again at below 10K already are making good profit at this time. It's really difficult to decide when to sell and when to buy.
First of all, lets not sum up all crypto to one bitcoin.
Because there are a lot of coins that deserve some attention and your trust and your funds to invest in it.
Bitcoin is a good starting point, but if you're around long enough its probably a good time to start the investigation - what he hell is alt market and what goods it holds behind
cmc is going to help a lot
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September 15, 2020, 04:37:55 PM
 #144

Right now the market is still ranging so good chance to enter as expected bull cycle is going to start soon so obviously if anyone does not want to miss out he/she should consider buying the right coins now and then wait for few months before taking profits.

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September 15, 2020, 04:42:44 PM
 #145

in my opinion it's not too late but if we look at the price of bitcoin in 2017 was $20k and last month $12k, whereas now it's only $10k of course this is cheaper, maybe at the end of the year bitcoin will have a value of $15k or more
If you feel confident with the prediction you said, then it's a good idea to try to buy it at this time, because the BTC price range that you said was a range that has happened before, then there is also a possibility it will happen again even though it will not be exactly the same.

Believing with your own assessment is very important when you are inside this business. If you think that the market will proceed to how you intercepts the next flow then buying and waiting is appropriate to do by now.
Allow your instinct to bring directions to your investment and enjoy your analysis once things went according to your desire directions.

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September 15, 2020, 04:54:57 PM
 #146

For a long term investors, crypto market is always good time to start investing because the real bullish trend is yet to begin and it will be reaching next all time high for most of the coins in the near future for sure so grab your coins before the time is running out.

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September 15, 2020, 05:28:19 PM
 #147

Bitcoin was trading around upper 11K for most parts in last 3 months with occasionally over 12K and it suddenly plunged below 10K, now it's recovering and climbing upwards. Is it a right time to bag all the coins you can or is the market going to drop again before reaching another 12K for bitcoin? People that sold in 12K and bought it again at below 10K already are making good profit at this time. It's really difficult to decide when to sell and when to buy.
It actually depends on one's choice of crypto because many coins have already moved up a lot so personally they are not attractive to me anymore for investing but if we talk about btc it is still 50% below previous highs so good chance to buy more because new highs will be really big next year for btc.

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September 15, 2020, 06:48:16 PM
 #148

Some  times it us difficult to say when exactly because a lot of factors affects price of coins. Currently, Defi and Farming projects are siphoning most of the money. When finally, people withdraw from Defi then market can reset to buying range.

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September 15, 2020, 09:41:43 PM
 #149

i think,Definitely it is not too late though the market is unpredictable. Buying Bitcoin is an investment, a technology, a currency, and a payment network simultaneously. Bitcoin will change the world.

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September 16, 2020, 03:35:18 AM
 #150

Bro, i think there is no one will be late for buy cryptocurrency. There are many potential coins in cryptocurrency.
As long you can afford to lose, you can buy some good coins such eth, bnb, etc. at any price and hold them until the price rising.
But if we have no patience, we cannot gain the profit because we will sell it when the price drop.

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September 16, 2020, 05:39:03 AM
 #151

Bitcoin was trading around upper 11K for most parts in last 3 months with occasionally over 12K and it suddenly plunged below 10K, now it's recovering and climbing upwards. Is it a right time to bag all the coins you can or is the market going to drop again before reaching another 12K for bitcoin? People that sold in 12K and bought it again at below 10K already are making good profit at this time. It's really difficult to decide when to sell and when to buy.

Definitely it's obvious that market can drop at any time
But  it does not mean it won't rise again, actually this is the specific time to buy cryptoccurrencies because of downfall in market.
If anyone wants to buy bitcoin or ethereum the person should move forward to purchase it now because it will go up more than before.

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September 16, 2020, 05:40:25 AM
 #152

Bitcoin was trading around upper 11K for most parts in last 3 months with occasionally over 12K and it suddenly plunged below 10K, now it's recovering and climbing upwards. Is it a right time to bag all the coins you can or is the market going to drop again before reaching another 12K for bitcoin? People that sold in 12K and bought it again at below 10K already are making good profit at this time. It's really difficult to decide when to sell and when to buy.
Actually we don't know whether it is too late or not to buy a cryptocurrency bitcoin or altcoin, which is certain that all members here already know this. That's why we need a strategy for this crypto market so that we can adjust to market movements. In my opinion it is never too late or the fastest, but we must be able to adjust how the market will go with the help of the analysis that we have made before.


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September 16, 2020, 07:17:49 AM
 #153

i think,Definitely it is not too late though the market is unpredictable. Buying Bitcoin is an investment, a technology, a currency, and a payment network simultaneously. Bitcoin will change the world.
The words Bitcoin will change the world have always been implemented in cryptocurrency, so even though this is true, there are many people who experience losses in cryptocurrency when buying Bitcoin, so don't just fall for the words, but you must still prioritize analysis strong at all times in this.

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September 16, 2020, 07:27:35 AM
 #154

if you have a lot of capital then I think you are not too late to buy at the price of $ 10k, I see this is a great opportunity to invest in Bitcoin, even I believe that Bitcoin can easily reach a price of $ 11k again even higher than that.

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September 16, 2020, 08:02:31 AM
 #155

i think it is not difficult to determine the best time to buy or sell. If you can analyze market movements and their history then you will understand the flow. It's important to have a plan and set a realistic target price, sell when you've made a profit and buy when the price drops.

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September 21, 2020, 03:11:52 PM
 #156

I think you're complicating things. You look at the market solely from the position of the past tense, that is, in fact. You see all those price fluctuations that have already occurred and on this you try to build your strategy, looking for entry opportunities. But the fact is that no one will give you the right answer. Take a look at the broader chart, a few months ago, Bitcoin was trading below $ 10,000, it was probably a good entry point, and even earlier it was trading even lower. Think about it.

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September 21, 2020, 03:32:12 PM
 #157

I think you're complicating things.
no he did not . if you will only read and understand what he tries to express you will find out that he talks about the fluctuation of the price and then he ask if what is the good time to buy and sell . btc is at recovery phase but it currently got stuck , it didnt reach 12k yet so accumulating coins is still the best thing that i can recomend to do . when btc reach 12k , thats the time you can sell because i can see that 12k is your target . he gave a scenario but why didnt he applied it .  he could have answer his own question by that

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September 21, 2020, 04:38:40 PM
 #158

I think no one could predict cryptocurrency,so never say late,the important is if you could buy the right one,most of us maybe would invest in the wrong one and lost money,just a few people could win this game.

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September 21, 2020, 08:57:12 PM
 #159

I think no one could predict cryptocurrency,so never say late,the important is if you could buy the right one,most of us maybe would invest in the wrong one and lost money,just a few people could win this game.
I would agree that no one can certainly predict how the cryptocurrency would behave however, there are few who can at least predict the closes outcome using technical analysis. BTC is at 10k today and the support is around 9k and the resistance is around 12k, the risk reward ratio is 2:1. It is safe to say that buying now is a great move.

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September 22, 2020, 10:30:06 AM
 #160

Definitely it is not too late though the market is unpredictable. Buying Bitcoin is an investment, a technology, a currency, and a payment network simultaneously. Bitcoin will change the world.
When you invest in crypto it is not late in buying some. If our goal is for the long term we can buy some and hold and indeed we can invest on the amount that we can afford in crypto. Although price is volatile and unpredictable so we may observe the up and downtrend.
You're right, actually we all know that investing in Bitcoin is really for long term though you can get profit from time to time if you are into trading. We can also use Bitcoin in payment now so it just shows that it's not really late to buy crypto, same goes with other altcoins.

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