Current Events > Bitcoin: buy now or wait?

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Robot2600
02/16/21 11:10:28 PM
#1:


BTC is currently $49,833.75 should we buy BTC right now, or should we wait?

Make your predictions in this topic. We are only talking about Bitcoin and whether to buy exactly at the current time or wait until it reaches X price.

Will Bitcoin soon drop to 40k, or will it just go up?

edit: i am waiting for it to drop but obviously want to buy some. planning on $100-$1000. not even very much.
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jon1012
02/16/21 11:16:58 PM
#2:


who knows. I think the price will rise but I wouldnt buy bitcoin anyway. Plenty other cryptos

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Robot2600
02/16/21 11:18:46 PM
#3:


bitcoin is like the most valuable thing on the planet in very little time.
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Darmik
02/16/21 11:51:52 PM
#4:


If you're willing to hold long term buy now.

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MarthGoomba
02/17/21 12:10:56 AM
#5:


Ignore bitcoin, grab some Proof of Stake coins
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samurai bandit
02/17/21 12:16:38 AM
#6:


Wait for bitcoin dip our invest in altcoin imo

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KaZooo
02/17/21 12:19:34 AM
#7:


imo wait on another dip. It will dip.

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Chicken
02/17/21 12:22:59 AM
#8:


Dip it in ranch

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skermac
02/17/21 12:24:21 AM
#9:


I heard d dodge coin is a good but

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discodancer77
02/17/21 12:31:00 AM
#10:


Look into Crypto with practical real-world use. Bitcoin is like the first automobile. It changed the world by coming into existence, but new cars do it much better. Youre looking at Internet Explorer when you should be looking at Firefox or Chrome

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Fenrimis
02/17/21 12:33:43 AM
#11:


If we all knew the future we would have bought that shit up. As someone that is not holding any ive heard credible analysts say orginally we were supposed to hit 55k EOY but Tesla buying some caused a boom with the analyst now changing his projection to 100k EOY. I'm choosing to believe it even tho I'm not buying any.

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Background_Guy
02/17/21 12:34:13 AM
#12:


wait until it's 100k
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#13
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Sad_Face
02/17/21 1:13:55 AM
#14:


Fenrimis posted...
If we all knew the future we would have bought that s*** up.

This line bothers me so much. You always hear it from investors; "hindsight is 20/20" or "aw man I wish I bought in" when the real problem was not having foresight nor the understanding as to WHY a project would be a success. When you actually learn about the project and why it succeeded above others, then you'll have a strong reference on what to look for for other projects.

And realize that this is the investment world, and especially in a budding field with the crypto world, there will always be new opportunities to invest in.

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2Pacavelli
02/17/21 1:23:47 AM
#15:


There's coins you can pick that will 10X you'r investment right now in a few weeks. DENT and Neblio gave me some great returns since November/ December.

The user TwitterFriends talks a lot about them
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onedarksoul
02/17/21 1:24:41 AM
#16:


I don't think its going to dip much again. Too many big institutions holding it/trying to get in.

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Smashingpmkns
02/17/21 1:27:20 AM
#17:


Buy next dip hold til the holidays. Or til whenever depending on how much you're investing.
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2Pacavelli
02/17/21 1:55:11 AM
#18:


I think BTC is about to launch, the dip already happened the past few days
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EndOfDiscOne
02/17/21 7:41:26 AM
#19:


The answer is always buy now. Too many people wait for a dip that never comes. Even if it crashes, youre bound to come out ahead in the long run.

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TheBlueMonk_
02/17/21 7:48:28 AM
#20:


buy it now

but

like 5 years ago now. not now now.

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pogo_rabid
02/17/21 7:49:03 AM
#21:


Forgettable posted...
The best time to buy Bitcoin was 10 years ago. The second best time to buy is when it retraces back to 50EMA
No, even if you bought in at 2017, you are making impossible returns, it really didn't start spiking until late 2017, early 2018

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EndOfDiscOne
02/17/21 8:03:01 AM
#22:


pogo_rabid posted...
No, even if you bought in at 2017, you are making impossible returns, it really didn't start spiking until late 2017, early 2018
There have been lots of spikes and crashes since Bitcoin was created. December 2017 was the most recent peak before this one, and it was less impressive than the spikes that came before it.

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Samurontai
02/17/21 8:33:08 AM
#23:


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pogo_rabid
02/17/21 9:05:05 AM
#24:


EndOfDiscOne posted...
There have been lots of spikes and crashes since Bitcoin was created. December 2017 was the most recent peak before this one, and it was less impressive than the spikes that came before it.
Bitcoin was $1k in mid 2017, that's when it's first spike


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EndOfDiscOne
02/17/21 9:16:05 AM
#25:


pogo_rabid posted...
Bitcoin was $1k in mid 2017, that's when it's first spike
You need to look at a logarithmic chart to see the true gains for exponential growth. It's the same way with the stock market. When BTC went from $1 to $2, your investment doubled but it's not going to show up on a linear chart. $20,000 to $40,000 is the same growth and that will show up on a linear chart.

https://www.lookintobitcoin.com/charts/bitcoin-logarithmic-growth-curve/

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Robot2600
02/17/21 9:19:05 AM
#26:


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Rob Cesternino
02/18/21 7:25:15 PM
#27:


You have the answer to your original question, OP. It went to $52,000 instead of $40,000.

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Cobalt_Wasps
02/18/21 7:26:03 PM
#28:


currency is a farce. can you eat money?
can you drink money?

if you can digest and turn that ink and nylon into nutrients id love to hear it

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