Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Bobcrypto on January 19, 2021, 11:14:14 AM
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Too many persons are asking this question on a regular basis, "BTC price seems too high, do you think it will go up?, can I buy BTC now?etc
Now, Bitcoin and Crypto Assets are volatile market, there is a bull season, and there is a bear season as well, Market looks very good when it's pumping, but when a bear run comes, it may lose 87% of its value as well, it's not a fault of the market, it’s a nature and beauty of Crypto which attracts Investors, traders and enthusiasts. What I believe is that everything is linked with EMOTIONS when price goes up, we tend to think it will go up further, and Vice-Versa. This situation happen in every asset class whether Stock, Realestate, Commodities etc.
Coming back to some of these questions, “Can I Still Buy Bitcoin Now?”
Obviously, my answer to this question is, “I don’t know”. What could be your answer to these questions? Thanks.
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I will buy Bitcoin when the price is red.
I will buy Bitcoin when the price is minus.
I will buy Bitcoin when the price is high many people are selling it on the cryptocurrency market.
This answer is very simple and more meaningful because I have learned a lot from the experience of trading Bitcoin x USDT on the Binance market.
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The main slogan of our activity in cryptocurrency should be: sell high and buy low. However, no one knows for sure what the real price possibilities of bitcoin are. It often does not grow in value and quite often rushes up when there is little hope for its growth. In this regard, you should not rely on other people's advice, but analyze the state and opportunities of the market yourself.
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That's all basic questions, I think even a beginner can answer the question. If they state the Bitcoin price is expensive, in fact it is not a must to buy 1 Bitcoin. We can buy a small number of Bitcoin. The price of Bitcoin can be considered as expensive if we must buy a minimum of 1 BTC. While if we can buy 0.xxx BTC, everyone can buy it. Buy now? Yes, it depends on the target, if you buy the BItcoin for the short term target or for daily/weekly trading, then I think you always okay to buy anytime. But of course, you need to analyze the potential market to increase or decline in the near future.
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Coming back to some of these questions, “Can I Still Buy Bitcoin Now?”
Obviously, my answer to this question is, “I don’t know”. What could be your answer to these questions? Thanks.
To buy Bitcoin is always open 24/7.
The question here is when is the right time to buy Bitcoin?
This is the question with one answer; Buy Bitcoin when down.
However, we don't know accurately how much it will dump. So to set a target price in realistic approach is necessary in order to avail Bitcoin. The decision to buy should not because of FOMO. It must base on Bitcoin movement uptrend or downtrend.
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First of all, I would like to say that the price of Bitcoin will increase further in the future. Cryptocurrency Bitcoin is the most traded of all coins. The price of Bitcoin falls only when trading is low. If you want to invest in Bitcoin, you must do so because the Bitcoin price will increase a lot in the future.
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When we want to invest, we must first understand the rules of the game and its characteristics. In cryptocurrency trading, you will always be faced with price volatility. And that's where the art is. Then the person who has the potential to be successful, he is the one who can enjoy the art in it ...
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In my experience, if we want to buy Bitcoin it should be in a minus or red position, which is exactly what you have been talking about.
We don't want to suffer useless losses if we have to bear the price at a high time, if later the Bitcoin price can go down.
As has been said by various members in this forum, if we buy Bitcoin when it is red, because the price of Bitcoin has always come down.
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I can still say "you can buy" because looking back the years that bitcoin manners in the market support the decision of buying it even during bull run. Why because whenever bitcoin bearish market comes does not mean it would be the end but rather just need to apply patience for the bounce back.
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Why should you hesitate to buy bitcoin now? You can buy at any time. If in the next few days the price drops, try to hold it for a while. I believe the price of bitcoin will continue to increase in the next few years. Your investment will improve and the harvest will be obtained
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Too many persons are asking this question on a regular basis, "BTC price seems too high, do you think it will go up?, can I buy BTC now?etc
Now, Bitcoin and Crypto Assets are volatile market, there is a bull season, and there is a bear season as well, Market looks very good when it's pumping, but when a bear run comes, it may lose 87% of its value as well, it's not a fault of the market, it’s a nature and beauty of Crypto which attracts Investors, traders and enthusiasts. What I believe is that everything is linked with EMOTIONS when price goes up, we tend to think it will go up further, and Vice-Versa. This situation happen in every asset class whether Stock, Realestate, Commodities etc.
Coming back to some of these questions, “Can I Still Buy Bitcoin Now?”
Obviously, my answer to this question is, “I don’t know”. What could be your answer to these questions? Thanks.
'Can i still buy btc now' my answer is yes, i bet there are people who have ask this question since 2010 and probably they did not buy btc and today they will sit and watch how they have miss out, if you are too afraid to invest, better don't invest, keep your money in the bank so the banks can use it for their own gain and give you peanut,
every investment involves risk, but only take risk you can be able to bare.
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People were afraid to buy bitcoin when it was worth $100, $1,000, $10,000 . Now that the price has soared to $40,000, they are again asking for advice on whether or not to buy bitcoin. I know that bitcoin is a long term investment and bitcoin is worth buying if you are willing to wait several years to get a profit.
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Based on the verified history of Bitcoin, indeed there will be a bull and bear periods, and we know what did happen in those times. With the bull run, many people can be interested to also make a stake on Bitcoin with the aim of making some money as the asset is increasing in price but if one is not careful he can be caught holding the bag when the bear is already reigning supreme. However, the current bull run may seem to be a little different all because of the coming of institutional investors who have a long-term mindset compared to ordinary guys like you and me.
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Based on the verified history of Bitcoin, indeed there will be a bull and bear periods, and we know what did happen in those times. With the bull run, many people can be interested to also make a stake on Bitcoin with the aim of making some money as the asset is increasing in price but if one is not careful he can be caught holding the bag when the bear is already reigning supreme. However, the current bull run may seem to be a little different all because of the coming of institutional investors who have a long-term mindset compared to ordinary guys like you and me.
The entire last year, the cryptocurrency market was different and it makes no sense to compare it with 2016. Today, indeed, thanks to large capital, Bitcoin is climbing more confidently, and thanks to purposeful investors whose goals are to protect their asset, and not only to make a profit, they are most interested in the growth of the Bitcoin exchange rate.
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You are right, many people are asking about this and actually, they can make in the same thread, and make more discussion within it.
However, why don't we analyze by ourselves to determine whether it will increase or not? I think that it is better than only following the their analysis.
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Too many persons are asking this question on a regular basis, "BTC price seems too high, do you think it will go up?, can I buy BTC now?etc
Now, Bitcoin and Crypto Assets are volatile market, there is a bull season, and there is a bear season as well, Market looks very good when it's pumping, but when a bear run comes, it may lose 87% of its value as well, it's not a fault of the market, it’s a nature and beauty of Crypto which attracts Investors, traders and enthusiasts. What I believe is that everything is linked with EMOTIONS when price goes up, we tend to think it will go up further, and Vice-Versa. This situation happen in every asset class whether Stock, Realestate, Commodities etc.
Coming back to some of these questions, “Can I Still Buy Bitcoin Now?”
Obviously, my answer to this question is, “I don’t know”. What could be your answer to these questions? Thanks.
It really depends on one's own preferrences. For me I wait for a bit lower price but also depends on the market. For people with pure investment purpose only, buying and forgetting Bitcoins for a targeted period of time will surely make it profitable than just asking, "Is it the best time to buy now?" We all know that up and down prices has our own benefits whether you buy or sell.
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I can still say "you can buy" because looking back the years that bitcoin manners in the market support the decision of buying it even during bull run. Why because whenever bitcoin bearish market comes does not mean it would be the end but rather just need to apply patience for the bounce back.
I agree with you. Currently, anyone can buy bitcoin at any time because the potential benefits are more open. The presence of institutional investors makes bitcoin prices even better, so there is no need to worry about worsening prices
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Bitcoin can be bought anytime and by anyone at any time.
But maybe what distinguishes it is the price of Bitcoin itself which is already listed on the market.
Bitcoin will feel very little if we buy it at a high or expensive price and Bitcoin will feel a lot of decimal when we buy Bitcoin at a low price.