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Author Topic: This a good time to buy?  (Read 4381 times)
ajareselde
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March 04, 2015, 02:10:32 AM
 #21

If you have the capital, why not buy now? But it should been good to buy btc 2 weeks ago. Price is a bit steady trending upward. If this continues we might see $300 range by next week.
Good luck.

I personaly dont have much capital that i can use to invest on a guess, but if i had, i would buy all that i can and wouldnt even look at the price for few years.
The point of the game is to increase that btc budget we have by a few folds until its enough to sit on it and wait, but its risky every time u make a trade, and ure bound to make a mistake sooner or later.
I learned on my mistakes that i allways make mistakes being too optimistic, so this time ill rather risk having to buy back in higher , than to bet that this is going further without correction (by buyback position)

cheers
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March 04, 2015, 02:11:46 AM
Last edit: May 22, 2018, 11:05:21 PM by Bitminer1224
 #22

Seems like an awesome time to buy at. Can only go up from here probably. Smiley

mlferro
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March 04, 2015, 02:12:06 AM
 #23

If you have not bought, buy buy !!! buy whenever you're willing.

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March 04, 2015, 02:35:47 AM
 #24

If you have not bought, buy buy !!! buy whenever you're willing.

Don't tell him to buy buy!! That is not good advice to tell him to buy at the top of this mini bubble and you could be responsible for him losing money lol

Not great by anybody's standards although i maybe wrong and it could fly into orbit and me telling him not to could have stopped him making a fortune that is the funny things about markets and people they are to unpredictable but that's why i love it  Grin

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Hamuki
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March 04, 2015, 07:28:28 AM
 #25

If you have not bought, buy buy !!! buy whenever you're willing.

Don't tell him to buy buy!! That is not good advice to tell him to buy at the top of this mini bubble and you could be responsible for him losing money lol

Not great by anybody's standards although i maybe wrong and it could fly into orbit and me telling him not to could have stopped him making a fortune that is the funny things about markets and people they are to unpredictable but that's why i love it  Grin

That is why you gotta love BTC.
One moment you are rich.. Then next you are worth less than a homeless.

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March 04, 2015, 07:55:50 AM
 #26

yeah for sure, we are aiming much higher, but in a steady way

but be aware there is some manipulation, like always
resya
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March 04, 2015, 11:28:39 AM
 #27

Sure it's a perfect time to buy, the price can explode anytime. Bears will soon hibernate in a mass fabricared coffins around iceland, shorters will soon be extinct and trolls will soon commit mass suicides

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March 04, 2015, 11:34:26 AM
 #28

Buy rather small quantities in one batch and try to follow the market for a while.
A downside correction may happen in the next days, or may not happen for quite a while. Small buys should rule out both cases.

Logically BTC should rise in the next 1-2 months. After that, I don't know.

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uki
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March 04, 2015, 11:36:45 AM
 #29

It's a good time to get some BTC, if you haven't had any so far. The risk the price falls much lower is low in comparison to the possible room to the upside. Still don't buy everything in one chunk. Get in, in smaller pieces, averaging the price and making sure that even if we have a one or two day pullback you will still have some more dry powder to add to your position. Long-term however, it is a great buy chance now.

this space is intentionally left blank
btcxyzzz
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March 04, 2015, 12:03:54 PM
 #30

This price is gift.

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finlon
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March 04, 2015, 12:31:31 PM
 #31

I think its a good time to buy everyday. Thats what wll only give bitcoin a boost to move forward, and have the price go up.

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March 04, 2015, 12:34:13 PM
 #32

Or should I wait for a drop?

Yes, it is a very good time to buy all types of none-fiat based assets right now (Gold is also a very good alternative).
But only if you are not looking for a quick profit.

If you are ready to buy and sit back and wait for 3-10 years, then buy now - else play the money on the dice.

Cryptography is one of the few things you can truly trust.
okthen
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March 04, 2015, 12:36:08 PM
 #33

Dollar cost average - start buying now, and buy a bit every week till you spend the amount you have for bitcoin purchases.
TookDk
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March 04, 2015, 12:49:04 PM
 #34

Dollar cost average - start buying now, and buy a bit every week till you spend the amount you have for bitcoin purchases.

^^
Pro tip right there - I totally agree.

Cryptography is one of the few things you can truly trust.
uki
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March 04, 2015, 03:48:47 PM
 #35

Dollar cost average - start buying now, and buy a bit every week till you spend the amount you have for bitcoin purchases.

^^
Pro tip right there - I totally agree.
sure, averaging the entry price is a very reasonable strategy, provided you are right about the trend.
Otherwise (if this is a false brake out), you run the risk of catching the falling knife, and may empty your pockets before the low is in (I think this is not the case, as the low is already in).

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ThatDGuy
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March 04, 2015, 04:31:49 PM
 #36

Dollar cost average - start buying now, and buy a bit every week till you spend the amount you have for bitcoin purchases.

^^
Pro tip right there - I totally agree.
sure, averaging the entry price is a very reasonable strategy, provided you are right about the trend.
Otherwise (if this is a false brake out), you run the risk of catching the falling knife, and may empty your pockets before the low is in (I think this is not the case, as the low is already in).

There is risk there, but dollar cost averaging will likely reduce overall risk.  It will also limit your potential maximum gain, but it's all about finding the optimum balance that leaves you the least emotionally invested.
okthen
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March 04, 2015, 06:20:18 PM
 #37

Dollar cost average - start buying now, and buy a bit every week till you spend the amount you have for bitcoin purchases.

^^
Pro tip right there - I totally agree.
sure, averaging the entry price is a very reasonable strategy, provided you are right about the trend.
Otherwise (if this is a false brake out), you run the risk of catching the falling knife, and may empty your pockets before the low is in (I think this is not the case, as the low is already in).

There is risk there, but dollar cost averaging will likely reduce overall risk.  It will also limit your potential maximum gain, but it's all about finding the optimum balance that leaves you the least emotionally invested.

Anyway it will mainly limit the maximum gain for those looking to trade.
If OP is a hodler it will be definitely a good option in the long run Smiley
randy8777
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March 04, 2015, 06:32:54 PM
 #38

i usually buy $50 worth of BTC but bought over $100 already this month.
i will probably keep buying every month till i have a decent amount.
so for me it's a great time to buy. i'm saving everything till i see something nice to buy.
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March 04, 2015, 06:57:52 PM
 #39

Op if already have you have your budget established and money ready to buy then do not hesitate to do so. Every time is good. It is not like bitcoin is now worth $1000 but it could be if you wait...


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March 04, 2015, 08:21:51 PM
 #40

Yep u should buy now  Cool
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