Post
Topic
Board Economics
Re: When do you buy Bitcoin ?
by
stromma44
on 20/06/2016, 09:28:39 UTC
I was buying till last week but to be honest I cannot afford to buy with the current price as price is too high for me, so If I want to buy then I will wait for the price drop.
It is really not the best time to buy bitcoins, because the price is really high, it is already $761. But I guess the price will not drop until the halving comes.
The price will go down maybe after the halving or it won't we really can't tell.
I agree that now the situation is not clear with the price and could see a correction in the near future.

Agreed with with you, I also think that there will be correction in the price of the bitcoins in future. So it will be the best time to buy the bitcoins; at the moment the price is very high and its not advisable to buy the bitcoins at higher price.

I think price is stuck now and not moving, but still its very high price to buy bitcoin, so its better to sit and watch the price movement, if it drops then we can buy or simply hold our rest coins.