Post
Topic
Board Speculation
Re: IS IT TIME TO BUY MORE BITCOIN?
by
michellee
on 30/01/2019, 14:51:33 UTC
Yes it is,  get as many as you can while the price drop down again @3500 or you can wait till the price drop to 3000$ maybe that will be bottom of bitcoin and that will be the best opportunity to buy bitcoin.

That is why we don't have to buy 1 bitcoin directly because we need to have spare money to buy more bitcoin if the price suddenly down too deep. If we can save more money, we can decide how much bitcoin we need to buy now while we still have money to buy again later. You can buy bitcoin at any price you want but remember, you should have money in your balance just in case if the situations on the market changed in the next day.

of course "we" in this context means a day trader or anybody who is actively involved with bitcoin market and resides on an exchange! otherwise for everyone else who is not going to have the time or willingness to spend a lot of time trading and on exchanges it is not a good idea to wait around specially since that means leaving money (fiat) on exchanges that can scam you at any moment. otherwise if you wait and don't leave money on exchanges the price can fall and you wound't be able to buy because depositing fiat takes a lot of time.

I don't think so because the context of "we" it doesn't mean a daily trader only, but it's for every people who want to buy bitcoin or altcoin. They can buy the coins in any of price, and they don't have to watch the price every day. I have a friend who still buys bitcoin especially if the price is down and she doesn't care about what is going on with the market. She only needs to know that the price is going down deeper so she can buy more and more at the low price and I always tell her that bitcoin is at the low price and she can decide later to continue to buy or not.