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    Thread: Is It Too Late to Buy Bitcoin Today?

    1. #11
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      Quote Originally Posted by zeeshaa View Post
      Well! it is true that Bitcoin comeback from $20,000 line after a major Bullish movement and now it is trading in $13,000 to $15,000 range. if someone buy it from it's peek rate then he is running in big loss but if someone sell it from that point then he make handsome amount of profit. actually Bitcoin rate go up due to end of the year and when new year start then it com back.
      currently Bitcoin adjusting its rate and i think we should wait for some days to open any order. once its rate adjust on any level then we will see a clear picture for Buy of Sell.
      Yes this is the funny story now about Bitcoin. When it rose so sharply, many started to talk about it, even people who have zero to no understanding of any markets. And you know what they said? Oh I should buy bitcoin, look how it is rising.
      And in like any markets, GOLD, EUR,GBP etc, when dummies buy or sell, big boys in market do the opposite. So people rushed into buying it at 17-18-19k definitely and then it came hard down. When many saw it, they ditched their positions and it went back to 17. and again many thought yeah this thing is going up like previously and bought it again. And again you know what happened.

      Now it will fall down to certain level when many will think but this bitcoin is going to crash and they will sell their bitcoin in fear. And when they do this, big market makers will buy it again. Simple as that

    2. The following 4 users say Thank You to dzin4aans for this useful post.

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    4. #12
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      Quote Originally Posted by dzin4aans View Post
      Yes this is the funny story now about Bitcoin. When it rose so sharply, many started to talk about it, even people who have zero to no understanding of any markets. And you know what they said? Oh I should buy bitcoin, look how it is rising.
      And in like any markets, GOLD, EUR,GBP etc, when dummies buy or sell, big boys in market do the opposite. So people rushed into buying it at 17-18-19k definitely and then it came hard down. When many saw it, they ditched their positions and it went back to 17. and again many thought yeah this thing is going up like previously and bought it again. And again you know what happened.

      Now it will fall down to certain level when many will think but this bitcoin is going to crash and they will sell their bitcoin in fear. And when they do this, big market makers will buy it again. Simple as that
      I totally agree with you my friend. in these days there is no clear picture about Bit Coin trading. many traders are confused about it currently. but i hope that the picture will clear very soon because there are a huge number of peoples who trading in this digital Currency and their orders will clear the picture very soon.

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    6. #13
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      Now it will fall down to certain level when many will think but this bitcoin is going to crash and they will sell their bitcoin in fear. And when they do this, big market makers will buy it again. Simple as that
      I see, when the herd are fearful the big money will feed/tap in to that fear. When everyone is selling, they will buy it back, when the majority start buying, they will sell it again. That is how powerful big money is, they wait when the tree produce over ripe fruit. Time for a kill!
      No Guts No Glory!


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    8. #14
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      i read many people now buy litecoin and ethereum because their price is still low compared to bitcoin and it is good investment. bitcoin is 14 thousand dollar per one bitcoin and that is expensive. whereas litecoin and ethereum is maybe 1000 or even less. what do you think?

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      I don't think now is the best time to buy bitcoin, this is because of the many technical difficulties associated with its transactions now and also because of its current price. Over the next couple of months, we should watch to see what value bitcoin has because many government and financial agencies are seeking to regulate bitcoin making it's value fall a bit. Currently, bitcoin is valued around $14,000 and there is a lot of chances that it'll fall further, so buying now might not be profitable.

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    12. #16
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      It is not too late to buy bitcoin. As at today ,bitcoin price is still rallying around $12000,buy the time it picks,the price will move up above $20000.So buying price is still good now.

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    14. #17
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      Quote Originally Posted by Benzone View Post
      It is not too late to buy bitcoin. As at today ,bitcoin price is still rallying around $12000,buy the time it picks,the price will move up above $20000.So buying price is still good now.
      Yes, $12000 is a good price to buy bitcoin and jump on to the "road to riches band wagon". In fact if you can, do sell everything you have and just buy bitcoin as much as you can. By the time it picks up, well, if you are still around to reap the profit dont forget to buy me an ice cream.

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    16. #18
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      Quote Originally Posted by moneygrows View Post
      Yes, $12000 is a good price to buy bitcoin and jump on to the "road to riches band wagon". In fact if you can, do sell everything you have and just buy bitcoin as much as you can. By the time it picks up, well, if you are still around to reap the profit dont forget to buy me an ice cream.
      I just wonder what happen to those who buy at $15000 or $17000, the price now is way lower than when they buy it up there. The ones who buy at the top usually suffer the most when the price drop unexpectedly. What if the current price will drop further because of the selling frenzy? Would anyone still willing to buy bitcoin nowadays? It's a bit scary isn't it?

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    18. #19
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      Quote Originally Posted by NikitaBelle View Post
      I just wonder what happen to those who buy at $15000 or $17000, the price now is way lower than when they buy it up there. The ones who buy at the top usually suffer the most when the price drop unexpectedly. What if the current price will drop further because of the selling frenzy? Would anyone still willing to buy bitcoin nowadays? It's a bit scary isn't it?
      If they bought at the top and sold at higher top they made profit. In this markets its not wise to wait too long when the price reach new highs. The price raise too fast and now the price falls too fast. In trading the timing for buy/sell its the most important thing. For example $15k was a great price to buy in december if you close at $18k in december but it was a terrible price if you wait to sell it in january...
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    21. #20
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      In trading the timing for buy/sell its the most important thing

      Ah, so the trader needs to watch his BTC chart all the time, since it's hard to predict when the price will rise or fall down. That seems to be lots of screen time, you will never know when the price will pop and dump. Trading bitcoin needs a nerve of steel, I have a friend who got his account margin call because he got addicted with bitcoin. He promised to himself he will never trade bitcoin ever again.
      No Guts No Glory!


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