Post
Topic
Board Speculation
Re: When do you think will be a best time to buy bitcoin?
by
BitcoinHodler
on 19/11/2016, 14:36:04 UTC
Right now can be a good buy time and also maybe in the beginning of the next year but what is already told its hard to say what is also gonna happen with the bitcoin.

Everyday could be a good time to buy bitcoins as long as you have enough money for buying it and you are decided to buy bitcoins. But still there are some consideration that many are still waiting for the right time to buy when the price of bitcoin is some kinda falling down. And in this situation if will do that then your wait will just make you more lose a lot of money for the price is now increasing.

I agree assuming that bitcoin price have linear growth.  But we all know that it does not happen.  Bitcoin have several dips along the growth.  So it would be best time to buy during those dips.   there are some indication whether bitcoin price will go up or down.  Just focus on the news and wait for some bad press and prepare your fund to buy more bitcoins.

Yeah you just need to be more cautious and be attentive on reading some alerts, notifications and news regarding for the bitcoins price. And that is going to be helpful if you want to know when is the best time to buy bitcoins. Also don't forget that you need to have enough fund for buying it before thinking about when to buy.
More than news and expected price from experts I think if you just see the graph of bitcoins in past years you will see when it rises for example in December usually it increases and then starts to decrease slowly.
While whenever you buy bitcoins is a good idea no matter even if for 1000$ but I think around 600$ is a nice amount to buy.

that may be right and some particular times like December in the history have been a more active days for bitcoin price but i don't think we can be sure that, the time was the only factor back then as it is not the only factor right now.

for example there are so many things happening at the moment that have been causing this rise like the Trump thing or the India crisis and ... so you always have to keep these in mind too.