Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: okipuy on October 24, 2019, 10:24:42 AM
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Is now the best time to buy bitcoin?
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8400 USD the price of Bitcoin when I saw prices on the market yesterday before this thread was written to reply to your thread.
But now Bitcoin is priced at 7400 USD, declining at 1000 USD and that's a lot of money for me.
I will buy back at the price of 6500 USD and I have already bought an order on the INDODAX Exchange.
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Is now the best time to buy bitcoin?
it depends on how long you want to hold. if you are a long-term investor, buying now is no problem. but if you are a short-term trader, buying now is very risky. because bitcoin has gone up more than 20% since yesterday. and usually bitcoin will stop pumping at that time. for the short term, you're late. but to hold the long term is still profitable
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that's right. for scalper it is very risky to hold bitcoin. because bitcoin already up 20%. maybe you need to wait bitcoin correction and buy on deep. cryptocurrecy is very easy to gain profit and loss.
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How much bitcoin has jumped in the last week. What was the reason, maybe it's time to buy?
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I think it will fall lower. If it doesn't tho, don't blame me ;D
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Is now the best time to buy bitcoin?
Your title is not really fitted with the question. Why not you made the title be "best time to buy Bitcoin"? I think it is much better than your title now.
In my opinion, it is not the best time to buy. We need to see the possibility of the next move first. I am not really sure the Bitcoin price will grow up significantly in the near future. So, it is better to wait for and see the current situation.
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It's always best to buy when a currency is low and sell when it's high.
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It's always best to buy when a currency is low and sell when it's high.
It is the basic theory, just buy when a market is bearish and sell once it is bullish. However, sometimes bearish lasts longer and people are not patient to hold their assets in the long term. Finally, there are many people selling their Bitcoin at very low rates.
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Is now the best time to buy bitcoin?
Your title is not really fitted with the question. Why not you made the title be "best time to buy Bitcoin"? I think it is much better than your title now.
In my opinion, it is not the best time to buy. We need to see the possibility of the next move first. I am not really sure the Bitcoin price will grow up significantly in the near future. So, it is better to wait for and see the current situation.
Chart says the movement will be on a downtrend, well if its go down beyond 10k level, we can see again btc price on 7.4k to 8.2k level but I think it can hold off this current level. Let's wait for another break through cause btc cany surpass the 10.5k level and always swings back to 10k and 10.3k levels means the rallying of price plays there. Hoping it could break the resistance now.
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The current Bitcoin price is fairly cheap, it is a good time to buy. But I think the price will drop more, so I am going to decide to wait. It may decrease to $5k, it probably will be the lowest rate before the next bullish. Let's wait for the best rate to buy, don't miss it.
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I predict the Bitcoin price still has a possibility to decline till $6k. Once the price is about $6k already, it is absolutely a perfect time to buy. I think we mustn't miss the opportunity to buy Bitcoins at the lowest move. After this decline, we may not see again the price below $7k.
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I predict the Bitcoin price still has a possibility to decline till $6k. Once the price is about $6k already, it is absolutely a perfect time to buy. I think we mustn't miss the opportunity to buy Bitcoins at the lowest move. After this decline, we may not see again the price below $7k.
The price will not drop anymore. Because if you want to invest in Bitcoin you need to do it right now. Since then the price will rise and it will be too late. Now the price will grow quietly every month. It is up to you to make decisions.
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Every time and wherever it is good to buy Bitcoin because basically Bitcoin already has a price even though it has dropped sharply and that already has what is called "price".
I do not understand to argue with someone on the forum but I always trade between Bitcoin and USDT on Binance and it takes a fast pace to take advantage of it.
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I can see that BTC is on a bull trend these days and its a good thing for those who bought BTC at $7.k weeks ago. If you're for the long term investment I guess it is a good time to invest now but if now then wait for it to go back at $7k rate.
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I agree. I think we may see it rallying to $9,000 first though.
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For Bitcoin investors, I feel can safely put a portion of their funds into it and hold it for the longer term without having to worry about any wastage to a mean.
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How high do you think it will rally?