Post
Topic
Board Trading Discussion
Re: I'd like to get some bitcoins. Is now a good time to do so?
by
warwar
on 25/01/2017, 02:13:22 UTC
I'm planning on getting a fraction of a bitcoin. Maybe about 1/4 or 1/8 BTC just to fill my wallet with something. Is now a good time to do so?

Now is not good time to buy bitcoin, lets just earn some bitcoin from signature campaign right now, sell it, and makes price going down. Wait bitcoin under $600, buy it,forget it, and sell it before new year eve 2018 maybe its going to $1100 again Wink

I don't think bitcoin will crash into $600 since its holder wont let it and there is no one controls it. Votality just occured on bitcoin's rate bcause of China's panic selling, not because it is meant to go down or there is someone who controlled bitcoin. I hope, bitcoins rate changes not too big to that trading is profitable so that many trader will be going to trade woth bitcoin.

There is a very low chance of crashing to $600 but it is never impossible to bitcoin as you know that it is volatile that's why the

price fluctuates greatly resulting to unpredictable future price. In the past weeks bitcoin reach its lowest price since the half of

2016 and I have bought a fraction so basing on its current price I have profited. No use in waiting for the price to get low because

it is hard to predict just buy as soon as possible.
Don't think that we will ever be back to that level again this year, it's $900 now and I see it will rise to the price that we are all expecting to happen. It's hard to predict but we need to, it is our way to make money when we will be able to predict the right price movement. Always consider the future when analyzing the price and we should be positive on that.

I do agree we dont know if we could see the level of $800 below but we are sure that it will pump higher. Everytime is always time to buy because as ive said sooner or later the price goes up and you can earn profits from it. As much as possible it drops try to buy and hold and after that sell