Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
pfrtlpfmpf
on 30/11/2017, 16:04:35 UTC
should i buy now or wait?

How much risk are you willing to take? And how long can you keep hodling if the price tanks down to the $6k range or worse?

It all depends on these kind of things, the market can go both ways so you better have a good plan on where you are heading.

Buy now, buy later.  Just buy low.  What is low ?  Well is 10k low ?  Maybe it will be in a few months.  Is 8k low ?  Why not wait for 5k ?  then, at 5000, is that low ?  Price used to be 250, is that low ? because before that it was much lower, etc.  etc.  etc.  Buy, HODL, check again in 2 years.  Or else you are trading - then the real question is not whether you have bought low or high, but it is : will the price move higher or lower from here in the short term.  I think lower, then much higher.

You sir, answered all my questions, without even knowing them. Thank you. Really, no joke !