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Author Topic: Buy on weekend or Monday?  (Read 2478 times)
pabloangello (OP)
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April 06, 2014, 10:45:11 AM
 #1

Hi I have a dilema.
I would like to buy some BTC and my thoughts are like this:

- During weekend bank transffers doesn't work so people have less fiat during saturday and sunday, hence there should be less buys then less -> price will likely be lower that it would be if money transffers would work.

So if there are not any big news for tomorrow I suppose that should buy today.

Whad do you think?

trc
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April 06, 2014, 10:59:40 AM
 #2

I don't think it's because of banks' unavailability but because people choose to rest on weekends. I'm sure those who buy/sell in large amounts everyday have always enough funds in reserve on exchange accounts. So, buy/sell whenever you wish. Right now, bitstamp and btc-e are below Huobi price. So go for it. Smiley

>> nope
pabloangello (OP)
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April 06, 2014, 11:05:03 AM
 #3

I don't think it's because of banks' unavailability but because people choose to rest on weekends. I'm sure those who buy/sell in large amounts everyday have always enough funds in reserve on exchange accounts. So, buy/sell whenever you wish. Right now, bitstamp and btc-e are below Huobi price. So go for it. Smiley

Thank you for advice Smiley

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April 06, 2014, 11:05:34 AM
 #4

Hi I have a dilema.
I would like to buy some BTC and my thoughts are like this:

- During weekend bank transffers doesn't work so people have less fiat during saturday and sunday, hence there should be less buys then less -> price will likely be lower that it would be if money transffers would work.

So if there are not any big news for tomorrow I suppose that should buy today.

Whad do you think?

There is no rule working on that Smiley

We can say - perhaps usually price was lower at Sunday than at Monday (next day).
But. Nobody knows Smiley
This is why perhaps you should figure it out in different meaning - do you want to buy bitcoin?
Buy bitcoins.
fonzie
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April 06, 2014, 11:35:39 AM
 #5

Hi I have a dilema.
I would like to buy some BTC and my thoughts are like this:

- During weekend bank transffers doesn't work so people have less fiat during saturday and sunday, hence there should be less buys then less -> price will likely be lower that it would be if money transffers would work.

So if there are not any big news for tomorrow I suppose that should buy today.

Whad do you think?

There are big news in the pipeline, China will probably ban all bank transfers to chiense bitcoin exchanges next week, price will most likely plummet hard.

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roslinpl
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April 06, 2014, 11:41:57 AM
 #6

Hi I have a dilema.
I would like to buy some BTC and my thoughts are like this:

- During weekend bank transffers doesn't work so people have less fiat during saturday and sunday, hence there should be less buys then less -> price will likely be lower that it would be if money transffers would work.

So if there are not any big news for tomorrow I suppose that should buy today.

Whad do you think?

There are big news in the pipeline, China will probably ban all bank transfers to chiense bitcoin exchanges next week, price will most likely plummet hard.

well but this is not a news for "Monday" Smiley
It will be more info 15th of April ... so if you want to wait till then ... you can wait Smiley

pabloangello (OP)
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April 06, 2014, 11:45:05 AM
 #7

Hi I have a dilema.
I would like to buy some BTC and my thoughts are like this:

- During weekend bank transffers doesn't work so people have less fiat during saturday and sunday, hence there should be less buys then less -> price will likely be lower that it would be if money transffers would work.

So if there are not any big news for tomorrow I suppose that should buy today.

Whad do you think?

There are big news in the pipeline, China will probably ban all bank transfers to chiense bitcoin exchanges next week, price will most likely plummet hard.

well but this is not a news for "Monday" Smiley
It will be more info 15th of April ... so if you want to wait till then ... you can wait Smiley



I can't wait so will have to buy now :p

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April 06, 2014, 11:47:57 AM
 #8

There are big news in the pipeline, China will probably ban all bank transfers to chiense bitcoin exchanges next week, price will most likely plummet hard.
I dont know whose pipeline you've been checking but there is no news, most likely you need sleep
roslinpl
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April 06, 2014, 11:59:39 AM
 #9

Hi I have a dilema.
I would like to buy some BTC and my thoughts are like this:

- During weekend bank transffers doesn't work so people have less fiat during saturday and sunday, hence there should be less buys then less -> price will likely be lower that it would be if money transffers would work.

So if there are not any big news for tomorrow I suppose that should buy today.

Whad do you think?

There are big news in the pipeline, China will probably ban all bank transfers to chiense bitcoin exchanges next week, price will most likely plummet hard.

well but this is not a news for "Monday" Smiley
It will be more info 15th of April ... so if you want to wait till then ... you can wait Smiley



I can't wait so will have to buy now :p

What I can say. Price wasnt that low from a half of the year so this seems a great time to buy. If you  are considering it - maybe just go for it.
pabloangello (OP)
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April 06, 2014, 12:04:12 PM
 #10

Hi I have a dilema.
I would like to buy some BTC and my thoughts are like this:

- During weekend bank transffers doesn't work so people have less fiat during saturday and sunday, hence there should be less buys then less -> price will likely be lower that it would be if money transffers would work.

So if there are not any big news for tomorrow I suppose that should buy today.

Whad do you think?

There are big news in the pipeline, China will probably ban all bank transfers to chiense bitcoin exchanges next week, price will most likely plummet hard.

well but this is not a news for "Monday" Smiley
It will be more info 15th of April ... so if you want to wait till then ... you can wait Smiley



I can't wait so will have to buy now :p

What I can say. Price wasnt that low from a half of the year so this seems a great time to buy. If you  are considering it - maybe just go for it.

Yes I know, I think we already hit the bottom. Long term it is great buy for sure anyway.

IamComrade
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April 06, 2014, 12:33:34 PM
 #11

Hi I have a dilema.
I would like to buy some BTC and my thoughts are like this:

- During weekend bank transffers doesn't work so people have less fiat during saturday and sunday, hence there should be less buys then less -> price will likely be lower that it would be if money transffers would work.

So if there are not any big news for tomorrow I suppose that should buy today.

Whad do you think?

There are big news in the pipeline, China will probably ban all bank transfers to chiense bitcoin exchanges next week, price will most likely plummet hard.

well but this is not a news for "Monday" Smiley
It will be more info 15th of April ... so if you want to wait till then ... you can wait Smiley



I can't wait so will have to buy now :p

What I can say. Price wasnt that low from a half of the year so this seems a great time to buy. If you  are considering it - maybe just go for it.

Yes I know, I think we already hit the bottom. Long term it is great buy for sure anyway.

I feel price want to go up yes
pabloangello (OP)
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April 06, 2014, 12:35:10 PM
 #12

Hi I have a dilema.
I would like to buy some BTC and my thoughts are like this:

- During weekend bank transffers doesn't work so people have less fiat during saturday and sunday, hence there should be less buys then less -> price will likely be lower that it would be if money transffers would work.

So if there are not any big news for tomorrow I suppose that should buy today.

Whad do you think?

There are big news in the pipeline, China will probably ban all bank transfers to chiense bitcoin exchanges next week, price will most likely plummet hard.

well but this is not a news for "Monday" Smiley
It will be more info 15th of April ... so if you want to wait till then ... you can wait Smiley



I can't wait so will have to buy now :p

What I can say. Price wasnt that low from a half of the year so this seems a great time to buy. If you  are considering it - maybe just go for it.

Yes I know, I think we already hit the bottom. Long term it is great buy for sure anyway.

I feel price want to go up yes

Long term for sure, but I wanted to feel the right moment to buy nowadays.

aminorex
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April 06, 2014, 12:42:18 PM
 #13

Historically thursdays have been the only day of the week with negative average price change.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
pabloangello (OP)
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April 06, 2014, 12:44:36 PM
 #14

Historically thursdays have been the only day of the week with negative average price change.

Interesting, wonder why? :|

aminorex
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April 06, 2014, 01:03:18 PM
 #15

Thor is bearish.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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April 06, 2014, 02:33:24 PM
 #16

Thor is bearish.
How about Odin?
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April 06, 2014, 05:06:52 PM
 #17

I don't think it really matters long term if you buy today or Monday. Most of us thought that BTC would crash when SR was shutdown, but it did the exact opposite.

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roslinpl
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April 06, 2014, 05:11:06 PM
 #18

I don't think it really matters long term if you buy today or Monday. Most of us thought that BTC would crash when SR was shutdown, but it did the exact opposite.

I can agree with that. And this is what I do think too. Anyway I do not use Bitcoin as a long-term investment ... I use it as a crypto currency Smiley earn, spent, etc.. Smiley
So I really believe - every day is a good day for Bitcoin!
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April 06, 2014, 11:04:39 PM
 #19

Thor is bearish.
Cheesy
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April 06, 2014, 11:10:28 PM
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