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CryptoCurrency Discuss all CryptoCurrencies / coins and their use for personal or business purposes. Bitcoin (BTC) is possibly the best known but there are numerous crypto currencies, this is the forum to discuss them all.

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  #1  
Old 08-22-2018
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Default When Should I Invest in Bitcoin? What is the right time?

I want to know what is the right time to invest in Bitcoin. Will it benefit in short term or in the long-term hold?
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Old 08-22-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

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Originally Posted by cryptoc View Post
I want to know what is the right time to invest in Bitcoin. Will it benefit in short term or in the long-term hold?
Welcome to the forum - all the best as you master stealth

Lots of info to research on the net and form an informed decision.
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  #3  
Old 08-22-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

It’s like any other investment, a bit of a risk

BTC is volitie at the best of times but long term most people think it’s still a winner

BTC always seems to do best when there is termoil in the currency martket. For the most part the 2 large currency markets are pretty stable right now. If the € or the $ hit a rough patch BTC may well increase in value a lot again. Same applies for if the media start to really talk it up again.

All just speculation though just like any other investment.
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Old 08-22-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

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Originally Posted by cryptoc View Post
I want to know what is the right time to invest in Bitcoin. Will it benefit in short term or in the long-term hold?
The best time to invest in anything is when the asset isn't overpriced.

The issue with bitcoin is, it's not been around long enough, nor has it really ever stabilised in value. So its very difficult to predict whether or not the current value is overvalued or not.

Example - it could dip in value tomorrow, or spike. You'll probably kick yourself either way.

So to answer your question, long term hold is best way to go. That way should it dip, there is a potential for recovery.
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  #5  
Old 08-22-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

I have to give it to Tone Vays so far... He's TA has been on point since the beginning of the year when everyone else was off...

He says he doesn't see a trend reversal until we dip below 5k.
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  #6  
Old 08-22-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

I certainly hope hes wrong.
You sure he was right on everything? Don't think he saw Bitcoin gaining its market cap the way it has...
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  #7  
Old 08-22-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

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Originally Posted by slokor View Post
I certainly hope hes wrong.
You sure he was right on everything? Don't think he saw Bitcoin gaining its market cap the way it has...
Never said he was right on everything. I haven't really paid attention in the last couple day... are you saying the trend is reversing now?

I just started feeling the pain the last couple days with ETH dropping below OCT 17' prices.

If its true that in order for the trend to reverse a lot of pain has to be felt... Price would still need to drop. I don't consider myself up on that list... If im just now feeling it (from a miners prospective), there is a lot of people not even close to feeling it yet. Price would still need to drop.

Everyone will be hurting so bad they will jump back into BTC from alts. I'm wishing I had exchanged all my ETH for BTC right now... others are soon to follow.

Last edited by nate; 08-22-2018 at 12:50 PM.
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Old 08-22-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

Nobody knows really.. The best time to buy see image

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Old 09-04-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

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Originally Posted by cryptoc View Post
I want to know what is the right time to invest in Bitcoin. Will it benefit in short term or in the long-term hold?
Nobody can tell you for sure when the time is up.
Long-term hold should be a benefit (how long can you resist to sell is an other point) and sometimes short term (take example of the last days..)
Overall I see Bitcoin as a good investition. But that's just my point of view.
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Old 09-05-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

Trying to predict short term price movements in BTC is basically gambling.

If you believe in the Utility and Tech etc then its sensible to have exposure to BTC though.

This can be something like having 10% of your net worth in BTC and adding 10% a month of your income each month.
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Old 09-05-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

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Originally Posted by @MasterNaster View Post
Nobody can tell you for sure when the time is up.
I think empirestate might have a hold on that though...
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Old 09-05-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

Empirestate once said, take profit whenever you can.

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Old 09-05-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

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Originally Posted by empirestate View Post
Empirestate once said, take profit whenever you can.
Empirestate says lots of things. Most of them nonsensical and moronic in nature - and ALWAYS ignored.
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Old 09-05-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

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Originally Posted by empirestate View Post
If only you followed this advice, you would be 20k richer Slokor...SHAME...
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  #15  
Old 09-06-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

About 8 years ago.
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  #16  
Old 09-06-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

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Originally Posted by empirestate View Post
If only you followed this advice, you would be 20k richer Slokor...SHAME...
Says the man living in mommy's basement. LOL!
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Old 09-06-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

I think 2018 provided a good entry point to buy in, anywhere around the 5-6K range looks somewhat stable.

You never know though, so only invest money you don't need for the next few years

By the next halving, its probably safe to assume you'll make a profit holding at current prices
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Old 09-06-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

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Originally Posted by slokor View Post
Says the man living in mommy's basement. LOL!
LOL


Quote:
Originally Posted by Beautiful View Post
I think 2018 provided a good entry point to buy in, anywhere around the 5-6K range looks somewhat stable.

You never know though, so only invest money you don't need for the next few years

By the next halving, its probably safe to assume you'll make a profit holding at current prices
Exact, you never know..
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  #19  
Old 09-06-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

Spread out the investing among different vehicles
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  #20  
Old 09-06-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

When almost everyone gives up on it thinking it truly dead... That's when it will come back.

I would think it about time, but I keep seeing threads like this at the top of Recent Threads so I know we're not there yet.

Maybe once we dip below 5k down into the high 4's...

I wouldn't be surprised either if Ethereum takes off first cuz that sh!t looks dead for-sure.
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  #21  
Old 09-06-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

Good question, I been looking into this myself, just never have tried it.
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  #22  
Old 09-07-2018
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Default Re: When Should I Invest in Bitcoin? What is the right time?

Quote:
Originally Posted by nate View Post
When almost everyone gives up on it thinking it truly dead... That's when it will come back.

I would think it about time, but I keep seeing threads like this at the top of Recent Threads so I know we're not there yet.

Maybe once we dip below 5k down into the high 4's...

I wouldn't be surprised either if Ethereum takes off first cuz that sh!t looks dead for-sure.
All analysis show that going below 5k in the short would be a good wave for the next rally which will surely go over the highest 20k we have seen so far.
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