Quote from: aardvark15 on October 25, 2017, 06:43:59 PM

Quote from: Tumanggor on October 25, 2017, 06:29:12 PM

Quote from: lordquanta on September 18, 2017, 07:15:01 AM

Bitcoin prices plunged from $4900 to $3300 withing pan of few days. Now some news-points from bitcoin world are claiming this price plunge was planned. Check following links:

Now without going into whether above claims are true or not, my concern is "Isn't this is the right time to enter the bitcoin market or purchase few more". There is definite signs of improvement in the bitcoin price market. Current price is around $3757. It is quite possible to see bitcoin back to 4k to 5k or more. Given biggest players from finance sector are eying this lucrative market.
What do you think, is this is right time to buy some more bitcoins or wait and watch?

it is unlikely that the price of Bitcoin will return to $ 4k - $ 5k,
if you are wondering if it is currently the best time to buy Bitcoin I should say yes,
because we know the price of Bitcoin every year will be higher ..

Now is probably a good time to buy Bitcoins because the price has dropped some. Its possible that it will drop more, but its hard to speculate. The one thing we are pretty sure about is that the price of Bitcoin will eventually rise to new highs at some point. If I had extra funds to invest, I would definitely consider buying more now while its cheaper than the high. You will most likely make a profit.

I think even after hardfork, investors are now giving good support to bitcoin and that is the reason that the price is still trading so stable. If the investors will continue their support to bitcoin then we can expect that bitcoin price is going to increase more and more and therefore i think it is still the best time to invest money i bitcoin.