davalark (OP)
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Activity: 29
Merit: 0
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November 13, 2014, 09:21:07 AM |
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Still safe to buy now?
Now it's around $400-$450
Thinking about buying more now before it may boost up.
What do you guys think?
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redsn0w
Legendary
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Activity: 1778
Merit: 1042
#Free market
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November 13, 2014, 09:22:46 AM |
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Still safe to buy now?
Now it's around $400-$450
Thinking about buying more now before it may boost up.
What do you guys think?
yes , it's the time to buy  . Don't worry ! |
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zby
Legendary
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Activity: 1592
Merit: 1001
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November 13, 2014, 09:23:48 AM |
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We probably entered an up trend - now buy on dips sell on tops should be a good strategy.
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spiderbrain
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Activity: 889
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November 13, 2014, 09:27:23 AM |
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We'll probably drop again and find support a little over $400 before heading higher, so if you're not too afraid, put an order in and cross your fingers. That said, who knows what will happen?
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medUSA
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--Signature Designs-- http://bit.ly/1Pjbx77
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November 13, 2014, 09:27:34 AM |
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We do not know how long will this rally last, but generally, IMHO it is not unsafe to buy below $500.
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belmonty
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November 13, 2014, 11:38:21 AM |
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We probably entered an up trend - now buy on dips sell on tops should be a good strategy.
The current dip might be a good time to buy. |
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swansong
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November 13, 2014, 11:54:49 AM |
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yes i think btc/ltc should go up from here.
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moiraine
Member
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Activity: 79
Merit: 10
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November 13, 2014, 01:49:56 PM |
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yes i think btc/ltc should go up from here.
Idk about ltc, it seems to hold at $4 but doesnt look like it's tied to btc anymore....0.0096 |
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Feri22
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November 13, 2014, 03:25:39 PM |
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We are still in the big down trend, the price lost almost 60% just compares to where it was at months ago, better think very carefully
Huh? We are in huge uptrend since 2009 |
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RodeoX
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Activity: 3066
Merit: 1145
The revolution will be monetized!
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November 13, 2014, 03:35:30 PM |
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Despite the confident answers, nobody knows the future price. Your guess is as good as any.  It is, however, always "safe" to buy. |
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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November 13, 2014, 03:38:21 PM |
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Do whatever fits your strategy. In my case, as long as the price is below my average buyin it's time to buy. After that, maybe time to reassess.
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Look inside yourself, and you will see that you are the bubble.
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Torque
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Activity: 3542
Merit: 5039
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November 13, 2014, 03:52:19 PM |
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OP, think your question through for a sec. Do you believe a living, breathing, self-sustaining bitcoin economy can exist if people AREN'T constantly buying some bitcoin regardless of the exchange rate? Do you think when the exchange rate gets really large that people will just stop buying? How do you think it will get there in the first place?
For the bitcoin ecosystem to grow large worldwide, users will need to continually buy some amount of bitcoin at $400/btc, $4000/btc, $40,000/btc etc. and every exchange rate in between, and then use it. The notion of a "safe" price doesn't exist, nor should it. Especially when you can buy as little as $0.01 worth or even less no matter what the exchange rate is.
Get it?
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davalark (OP)
Newbie
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Activity: 29
Merit: 0
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November 13, 2014, 04:06:46 PM |
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OP, think your question through for a sec. Do you believe a living, breathing, self-sustaining bitcoin economy can exist if people AREN'T constantly buying some bitcoin regardless of the exchange rate? Do you think when the exchange rate gets really large that people will just stop buying? How do you think it will get there in the first place?
For the bitcoin ecosystem to grow large worldwide, users will need to continually buy some amount of bitcoin at $400/btc, $4000/btc, $40,000/btc etc. and every exchange rate in between, and then use it. The notion of a "safe" price doesn't exist, nor should it. Especially when you can buy as little as $0.01 worth or even less no matter what the exchange rate is.
Get it?
I use BTC in my trades everyday.  Part of the BTC bought I just want to keep for speculations. |
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arbitrage001
Legendary
Offline
Activity: 1067
Merit: 1000
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November 13, 2014, 04:14:43 PM |
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Still safe to buy now?
Now it's around $400-$450
Thinking about buying more now before it may boost up.
What do you guys think?
Buy low sell high. Not buying after a huge rally and hoping it to go up further. |
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kashish948
Legendary
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Activity: 1596
Merit: 1000
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November 13, 2014, 04:15:28 PM |
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Always buy all the BTC you can, no matter what the price. Nobody can predict the price, you got to trust the BTC technology!
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picolo
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November 13, 2014, 04:36:00 PM |
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Still safe to buy now?
Now it's around $400-$450
Thinking about buying more now before it may boost up.
What do you guys think?
I would advise you to buy now in case it shoots up to much higher but keep some fiat available in case it goes down to buy at a lower price as well and don't invest money that you will need soon or that will cost you too much money in interests or fees. |
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zeroday
Donator
Hero Member
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Activity: 784
Merit: 1000
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November 13, 2014, 05:43:16 PM |
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I won't be surprised to see slight correction soon, but overall situation is more bullish than bearish, IMO.
I've recently spent all available fiat buying at around $380, then I sold at $420-$450 and now buying back at lower $400s.
I'll also keep some fiat hoping to catch some coins at high $300s, but I can be wrong.
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hello_good_sir
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November 13, 2014, 05:53:39 PM |
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I believe that bitcoin will plateau at $5000 or above within 20 years. It may someday go much higher, but I believe that is decades away. So I think that it is safe to buy at any price below $5000 as long as you are willing to buy and hold. If you plan on selling soon then this is probably not a safe time to buy. I would not be surprised if the price falls below $300 once or twice more on its way to $5000+
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WaffleMaster
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November 13, 2014, 06:00:35 PM |
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The market is seeing a nice healthy retrace, which will most likely develop a support on the bottom part of an upward channel. You didn't think this would all happen in one day did you?
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fewcoins
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November 13, 2014, 07:32:17 PM |
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IF YOU BUY NOW YOU'RE BUYING AT THE HIGH
...since you're a noob you will probably also sell when we retest 300, causing you to lose a lot of money. Enjoy trying to be greedy and getting rich quick
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