Re: Let's Be Honest. We Are Waiting for $100/BTC to buy

I think at this time, it's very impossible for that to happen. Right now, the lowest price that bitcoin has drop is $1000 based on its chart. If I were you, buy bitcoin now because its value will be double or tripled sooner.

I couldnt aggree more. The vlue of Bitcoin will surely only go up! that said, the best time to jump aboard the Bitcoin boat is now. too much has been invested into this industry for the price to go down anytime soon.

I don't think that this is the best time to Buy Bitcoin because with its current price point which is 1224$ you are leaving no space for your own safety when the price goes down meaning you are giving yourself on a position with a higher risk. So if I were you I would wait and monitor the price until its next drop because it is possible that it again drop on price lets say maybe 1000$ or below. Buy buying on that price range you know that you have positioned yourself on a good spot having a margin of safety in which if it drops from 1224$ you won't be affected as you have bought it at a much lower price.

For long term goal, this is the right time to buy bitcoins because I have a feeling that we will not limit the price only, the longer it will stay
it will become more popular so there is no way the price will stay the same or decrease, it should be going up.

Once bitcoin becomes more commercialized in a few years, people will wish they bought it at 1200/btc Tongue