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[Lynnn]

With btc price now around 9000usd, how feasible do you think if i decided to restart my btc earning and start stashing away?

in the past when anything less 0.01btc is considered chicken feed which anyone could have and easily earn, nowadays 0.01btc is huge number in dollar and cents value.

would you buy in again with the current price or wait until it drops to something like 2000ish value to be considered fair value to start buying again. your thoughts?

 

[KarthikP]

My though is to just wait patiently for Bitcoin price to drop at least $5000 or maybe $3000 , then buy bitcoins and hold it and wait patiently till Bitcoin once again reach $10 mark and sell it off and get some profit (100% or 200%).

 

[Lynnn]

My though is to just wait patiently for Bitcoin price to drop at least $5000 or maybe $3000 , then buy bitcoins and hold it and wait patiently till Bitcoin once again reach $10 mark and sell it off and get some profit (100% or 200%).

Buy high sell low???
You do realize that current price is at $9000? even if it drops $5000, that would be $4000. And selling at $10????

 

[KarthikP]

Buy high sell low???
You do realize that current price is at $9000? even if it drops $5000, that would be $4000. And selling at $10????

Oh my bad , that's my typing error , I was actually mean to say $10k instead of $10 lol! Sell it off when the price of Bitcoin once again reaches the $10000 mark , hope you get it now

 

[aryan4]

do not buy btc or any other money while the price is falling or rather continuing to fall. at least until the fall stops. until the volality decreases. There are good technical analysts in many forums, it is worth following.

 

[KarthikP]

But in my opinion it is very good to buy any money may it be cryptocurrency when the price is falling down very rapidly , so that we can get a chance to make a profit out of it when the price becomes high.

 

[Brain]

Better to wait then it get a lot low before buying to resell. This is a very good business model and it works all the time. Buy low and sell high is the name of this game.

 

[jacky2018]

BTC price is 6k6 on Binace now. Maybe it will get lower price at the end of the year when Chinese investors sell to get money for Chinese New Year holiday.

 

[MJBraun87]

I'm hoping to buy in the 3500-4500 range if i can. And I feel like its most certainly headed there. So it seems patience is the game right now.

 

[SCAMEXPOSER]

If the price is around $5000 it is safe to buy and sell at $7000 to $8000. It only on rare occasions that it drops to $4000 and it doesn't last there.

 

[KarthikP]

If the price is around $5000 it is safe to buy and sell at $7000 to $8000. It only on rare occasions that it drops to $4000 and it doesn't last there.

I would recommend to buy Bitcoin below $5000 like $3900 as the least. And sell Bitcoin when it reaches $10000+ but it requires lots of patience

 

[SCAMEXPOSER]

I would recommend to buy Bitcoin below $5000 like $3900 as the least. And sell Bitcoin when it reaches $10000+ but it requires lots of patience

This is more than 100% profit which is a good but the honestly I may not have the Patience till$10000 if I am able to buy @ $3900. I am planning to invest @ $5000.

 

[KarthikP]

This is more than 100% profit which is a good but the honestly I may not have the Patience till$10000 if I am able to buy @ $3900. I am planning to invest @ $5000.

Ok if you buy at $5000 , still you are getting 80-100% profit if you hold till Bitcoin touches atleast $8000 , let's see how the price oscillated in future

 

[Reznov]

Don't rely on that because prices aren't stable and you might lose, you have to buy in a short period and sell whenever you realize there is a profit (no matter how big or small is that profit)

 

[SCAMEXPOSER]

If you invest in bitcoin and you are able to make 50% or above it is good to sell off and trade on other smaller coins till when bitcoin price will drop again before Investing.

 

[Bilalgul]

That is the difference between the price of Bitcoin when the price is low I tend to buy Bitcoin with my own money but when it is Hi I usually want to earn Bitcoin

 

[Umar Hassan]

With btc price now around 9000usd, how feasible do you think if i decided to restart my btc earning and start stashing away?

in the past when anything less 0.01btc is considered chicken feed which anyone could have and easily earn, nowadays 0.01btc is huge number in dollar and cents value.

would you buy in again with the current price or wait until it drops to something like 2000ish value to be considered fair value to start buying again. your thoughts?

As a newbie in bitcoin, I am been carefully cos I was told the price once rise up to $20000 and dropped again so it may drop now that it is at $9200.

 

[ribbon]

I have invested 0.5BTC back then and I can't wait for the halving to happen soon.

 

[Reznov]

Waiting for bitcoin price to drop more and then buying it can be very profitable if you hold it for long time and then sell it when prices are high.

you can't guarantee that it will rise after dropping, also you can't guarantee the profit as it might drop even more, so it's still a lot of risk, holding for the long term would help only if that BTC is considered as a bonus and not your main money