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Author Topic: You saw the BTC price WOULD YOU BUY!?............  (Read 765 times)
Mahanton
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January 14, 2021, 07:06:40 PM
 #21

~snip~



Hesitance would really be common because we are really seeing the price as of this moment which is already high and cant be bought when you do tend to buy a whole coin and
basing of on price then not all would really be that capable of on buying but somewhat buying in small part or portion is always the thing.
Not all would really be having that confidence on buying on this point which we cant really remove the impression that we might really be on the peak and thinking
for the price to dump and corrected just like on what happened on earlier years.Well, I cant blame you and other people but if you do go for long
term run then this current price shouldn't really be an issue.

R


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January 15, 2021, 07:10:39 AM
 #22

I would like to buy bitcoin, as a correction of 28-30% was already expected and it has successfully passed that correction and give closing above $35k, I m bullish in bitcoin.

Another reason for being bullish in bitcoin is JP Morgan, who has previously said that bitcoin will make a new ATH and if it successfully hold that position then we will will see it crossing $35k, and many institutions are also investing on bitcoin, so i will buy bitcoin now & will not regret later if it touches $100k in upcoming 5-7 years
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January 15, 2021, 07:19:41 AM
 #23

To be honest, this is not the right time to buy bitcoin because the market and the bitcoin was very high. You will just experience heavy losses when the bitcoin dumps. Many people are selling their bitcoin when the price hits over $32,000 but now the price is pumping again and nearly to go $40,000 again. I suggest that wait the bitcoin to dump then you can buy so that you can sell it when the value of it pumps again.
Waiting for a dump is really difficult because you will be second guessing if that will be the lowest point at the moment or it could go down further. I think if your goal is a short termed one then I think it will be bad for you to buy at this moment because the prices are still running high but if you are the long termed one then there is no problem if you were to start buying one now.

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January 15, 2021, 07:43:01 AM
 #24

You saw the BTC price this month increase, would you buy it and hold it for a long time? been hesitating when I want to buy  BTC today but before that.
I want to read opinions from you all if it is okay?
Sure, if you can afford now, then buy. As long as you are planning to hold for long term, then go ahead, there is nothing to hesitate. By long term, I mean if you are planning to hold for several years. Look at the charts. The price is increasing on average as years passes. So if you invest now, in the long run, you will make profit. Just don't, if you can't afford loss and thinking of making some quick profit.
So, I heard from one friend that it is a wrong decision when you people buy rising stocks value most likely to go down, is it different from bitcoin? is it right or wrong? I also made research but it's the opposite. Hope to get answers from real users because some websites I read also have comments but I don't trust it, it might be a bot or a scam.
Use your own instinct and your own ability to take decisions. The more you hear from people, the more confused you will be especially when it comes to investing in crypto currencies.

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New.in.trading
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January 15, 2021, 07:53:48 AM
 #25

You saw the BTC price this month increase, would you buy it and hold it for a long time? been hesitating when I want to buy  BTC today but before that.
I want to read opinions from you all if it is okay?


I hope you are an expert and doing this for a long time what would you say? buy? or not? also,

 I already have BTC (just sharing).

PS: Don't judge me I stopped reading BTC and trading articles or pieces of information for almost years I only came back this December.
Till now I am learning again (will not stop) and want to ask you people who are none stop doing trading and buying bitcoin.

I have been giving opinions when it comes to selling or buying but when that time comes that is today I am going to buy it now I been hesitating.

So, I heard from one friend that it is a wrong decision when you people buy rising stocks value most likely to go down, is it different from bitcoin? is it right or wrong? I also made research but it's the opposite. Hope to get answers from real users because some websites I read also have comments but I don't trust it, it might be a bot or a scam.

Seriously, you should not go around and ask ppl in the internet if you should buy or not buy BTC. Makes no sense at all. Do your Research and then decide. If you ask a question like that, you will get 12 different answers from 4 different ppl.

What does it need for BTCUSD price to continue rising? It need ppl who are willing to buy BTC at a price it has never been before.
Will private investors have enough capital to do so? I think not...
Where can that money come from, then? A) Whales (Big private investors) B) Banks.

Now do you own due dilligence and decide what is the most likely scenario. No one can tell you the "right" answer.
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January 15, 2021, 08:45:14 AM
 #26

Yes, I just bought a little because it is too much expensive. I choose to buy because there are lot of speculations and some explanations that Bitcoin price will soar high in the coming days which make me convince to buy more. I study and review it well so I think I have nothing to lose.
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January 15, 2021, 09:13:11 AM
 #27

My opinion is you buy more bitcoin because in the long run bitcoin is only going to be more valued. There are so many factors which tells us the signs of bitcoin up surge. For example, after three years we will have the last and most awaited bitcoin halving effect. After each bitcoin halving we have seen dramatic rise in prices so it’s but obvious that we will have at least three times higher btc cost than what we have right now. Also if you look closely then bitcoin prices are holding pretty good at such high point which means the resistance is well served and strong bound.

Another best factor is, bitcoin has come up with more investment possibilities than earlier days. More institutions will be investing into it after seeing its strong market cap.

So the good piece of vote is buy more and hold them.
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January 15, 2021, 11:51:05 AM
 #28


Another best factor is, bitcoin has come up with more investment possibilities than earlier days. More institutions will be investing into it after seeing its strong market cap.

So the good piece of vote is buy more and hold them.
It has near to realize that sooner or later, Bitcoin will become highly in-demand. Institutional investors are so aggressive buying more on Bitcoins while weak hands crypto holders are also busy selling their holdings. But the current situation is telling me that buying this time faces a big risk. I did a stupid decision in last Bullrun that something holds me to buy more when the market at high.

Maybe, others can make it, and even you. But I can't push myself to do it since I did not really have the guts to buy and hold for a long time.
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January 15, 2021, 12:13:12 PM
 #29

You have a point, bud. I think that if you are intending to hold Bitcoin for the long haul, then buying now would be a good decision. But of course there are some that intends to buy for just a short term holding then will plan to sell it after some time. And with that type of investment, it will be more challenging because they have to wait for a dump to buy then sell when price rises again.
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January 15, 2021, 12:22:54 PM
 #30

Again, it's not a matter of right or wrong to buy expensive bitcoins, but about your investment style. if you are a day trader then it is not a problem as long as you can maintain your daily profit, but if you are a long-term holder, then it will be a little less profitable, because the essence of long-term investing is to buy dips and sell at a certain level of profit.
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January 15, 2021, 03:39:11 PM
 #31

In my case, of course I will still buy bitcoin as of this moment even if it has increase too much already in just a couple of months. If you wonder why, the short answer to it is that the bitcoin is still very far from it's peak meaning we can still profit if we will hold our investment for a long term one.

There is a big possibility that this whole year 2021 will be the a bull season meaning even if there will be ups and downs of bitcoin prices then it is only normal but what is important the bitcoin price will keep on increasing and hitting it's new ATH again and again until we will reach the peak of bitcoin price.

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January 16, 2021, 06:20:07 AM
 #32

It has near to realize that sooner or later, Bitcoin will become highly in-demand. Institutional investors are so aggressive buying more on Bitcoins while weak hands crypto holders are also busy selling their holdings. But the current situation is telling me that buying this time faces a big risk. I did a stupid decision in last Bullrun that something holds me to buy more when the market at high.

Maybe, others can make it, and even you. But I can't push myself to do it since I did not really have the guts to buy and hold for a long time.
Another great part about this is the fact that we were all worried about if bitcoin will be allowed or will it be banned, will it be taxed and regulated and how much, there were plenty of questions in our minds. What happened?

Well, bitcoin ended up with getting used and bought by so many huge companies and these are the same companies that end up bribing the politicians as well, which shows you that the reality of bitcoin is still going on very strong and it will not be banned.

If these companies go into bitcoin, they will not do it at the risk of getting their money into something that will be banned, so what do they do? They talk with the important people and they end up with getting what they wanted done, that way we know we could be a lot more relaxed, thanks to all those companies. It could be financially good as well but most importantly they make it a lot more legal.
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January 16, 2021, 09:07:10 AM
 #33

Again, it's not a matter of right or wrong to buy expensive bitcoins, but about your investment style. if you are a day trader then it is not a problem as long as you can maintain your daily profit, but if you are a long-term holder, then it will be a little less profitable, because the essence of long-term investing is to buy dips and sell at a certain level of profit.
That will determine your strategy but someone who buys at the top usually is the short-term investors who think that it's just an overnight success. And if it doesn't meet the price that they are quickly expecting, they'll sell at loss. It happened many times and a variety of stories I've read doing that kind of mistake. They don't determine their main stand before buying at the peak of bitcoin's price because that's the mindset they have instead of going long term.
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January 16, 2021, 09:15:32 AM
 #34

I think buying is not a bad thing.

We all know how the price behaved in the last few weeks but I think doesn't mean the price is having a great increase means that you can't buy. If you made an investment at the right timing, you could still make a good profit but obviously, that would be less than those that invested earlier when the price is still low. If I had the funds, obviously, I will still buy or reinvest.
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January 16, 2021, 10:05:41 AM
 #35

You saw the BTC price this month increase, would you buy it and hold it for a long time? been hesitating when I want to buy  BTC today but before that.
I want to read opinions from you all if it is okay?



Yes I will buy since I would like to trade it while the market is so fast moving and no I can't afford to hold it since I cannot actually take the risk to hold for so long since I don't know what the future brings and we are at the peak yet so its dangerous to buy at ATH and hold it for quite long time. So better wait if there's a big dump coming since that is the time or shall we say best time to buy and hold our bought bitcoins.

R


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January 16, 2021, 02:24:50 PM
 #36

I don't think buying at the top would be a good idea though we know that it can go even more than that but still, we don't know exactly when. We don't know how the market will move so it would be risky to buy at the peak. Would be better if you wait for some correction and take that opportunity to buy just like we the correction recently. If the bitcoin price is high you might just want to hold it that would be the best option. Actually looking at the current market it doesn't seem to reach the peak yet so yeah you could take and buy but the outcome will on your process though.
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January 16, 2021, 03:14:18 PM
 #37

So, I heard from one friend that it is a wrong decision when you people buy rising stocks value most likely to go down, is it different from bitcoin? is it right or wrong? I also made research but it's the opposite. Hope to get answers from real users because some websites I read also have comments but I don't trust it, it might be a bot or a scam.

If someone believes they can make a profit by buying at the current price, then why not invest? But I think this issue mostly bothers beginners who are caught in FOMO (what if the price reaches $100k, and I didn't buy?). While on the other hand those who follow the situation with BTC at least a little, know that the real investment opportunities were in the months before halving and a few months later.

The problem that some investors have (I mean small ordinary people) is that they do not want or do not know how to invest in the long run, and mostly wait for the bull run to happen and only then start investing. But if someone does not have the knowledge and skills for such risky trades, they usually fall into problems that result in loss.

No one can tell you if investing is good or bad now, the price can jump or fall 20% at any time - Bitcoin is terribly volatile, but so far it has proven to be a very profitable investment in the long run.

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hulla
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January 16, 2021, 03:37:10 PM
 #38

I don't think buying at the top would be a good idea though we know that it can go even more than that but still, we don't know exactly when. We don't know how the market will move so it would be risky to buy at the peak. Would be better if you wait for some correction and take that opportunity to buy just like we the correction recently. If the bitcoin price is high you might just want to hold it that would be the best option. Actually looking at the current market it doesn't seem to reach the peak yet so yeah you could take and buy but the outcome will on your process though.
Waiting for the market correction will wasting of time cause we dont when it will really happen and invest into the market isnt terrible as you you position if the person that want to invest have good knowledge with emotion and invested only in BTC through short trading cause the market is currently switch side by gaining pump in price and later dump in price. Meanwhile, this is the right season where day traders make their profit.

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Dice Duels
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January 16, 2021, 03:40:29 PM
 #39

My advice now is the right time to buy Bitcoin, because now Bitcoin is still priced at $ 37,000. Which means Bitcoin is still in the process of
correction after successfully reaching the ATH price. So there is no need to hesitate to buy Bitcoin at the current price. If you hesitate and
delay buying Bitcoin, then you will miss the opportunity to buy Bitcoin at a low price.

Because based on my analysis Bitcoin will soon return to the ATH price, there is no need to be afraid to buy Bitcoin now. Actually, at any price
we buy Bitcoin it will always be profitable, because the price of Bitcoin will continue to rise. So buying Bitcoin should be for a long-term investment,
so we can make a big profit from Bitcoin.

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January 16, 2021, 05:16:09 PM
 #40

If I see a bitcoin price increase, I will not try to buy, but I will wait for a while until the price touches my target price. But if that does not happen, I will still wait for more. If the price is down after reaching a high price but not reaching my target price, I will wait for a while to see how deep the price will go down. If the price is down too deep, I will try to place an order buy at many prices range, and I hope to fill my orders.

When the price is up, you can sell it some bitcoin, and if the price is down, you can buy some bitcoin and wait for a while. If you doubt, you don't need to do anything except wait for a while. It will depend on the market situation, so you need to analyze more to find a good time for you to act.

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