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When to buy BTC?

Posted on 11/8/22 at 1:32 pm
Posted by Big_Sur
Member since Nov 2012
1123 posts
Posted on 11/8/22 at 1:32 pm
I see its now under $18k, down 14% today.

Should I buy now? Or wait until its in the $3-4k range?
Posted by Errant_Knight
Member since Oct 2022
260 posts
Posted on 11/8/22 at 1:54 pm to
Well doubt it goes to 3-4k range, I'd purchase a decent chunk at 15k
Posted by 21JumpStreet
Member since Jul 2012
14656 posts
Posted on 11/8/22 at 2:21 pm to
I'd wait til it's $1
Posted by MrSpock
Member since Sep 2015
4367 posts
Posted on 11/8/22 at 2:32 pm to
My buy zone to start scaling in for long term holds.

This post was edited on 11/8/22 at 2:33 pm
Posted by Decisions
Member since Mar 2015
1491 posts
Posted on 11/8/22 at 2:37 pm to
The day the Fed slows its tightening pace I’d buy a chunk.

If there’s ever a Fed “pause” I’d buy another chunk.

If the Fed were to actually pivot I’d go all in.

Events unrelated to the Fed that would make me buy a chunk: escalation of conflict in Ukraine, major outbreak of civic unrest in the EU, Chinese invasion of Taiwan, things start popping off in the ME.
Posted by olemissfan26
MS
Member since Apr 2012
6244 posts
Posted on 11/8/22 at 2:48 pm to
2012?
Posted by 21Dalrymple
Baton Rouge
Member since Aug 2013
87 posts
Posted on 11/8/22 at 3:24 pm to
Now, continually buy regardless of the price
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40890 posts
Posted on 11/8/22 at 7:54 pm to
Guess crypto still has some greater fools left to invest
Posted by goodgrin
Atlanta, GA
Member since Nov 2003
5948 posts
Posted on 11/8/22 at 8:24 pm to
I'm waiting when it drops to the $12,000 price point.
Posted by KillTheGophers
Member since Jan 2016
6234 posts
Posted on 11/8/22 at 8:45 pm to
BTC is garbage
Posted by SlidellCajun
Slidell la
Member since May 2019
10530 posts
Posted on 11/9/22 at 4:45 pm to
What you buying for?

Trade or investment?

If investment, What is the underlying measure for which you can ascertain value?
Posted by DVinBR
Member since Jan 2013
13048 posts
Posted on 11/9/22 at 5:24 pm to
Ask yourself, how much do YOU value bitcoin? Why do YOU think it's worth X amount?

FOMO or listening to manipulation by others are some of the worst things you can do with your money.
This post was edited on 11/9/22 at 5:26 pm
Posted by mach316
Jonesboro, AR
Member since Jul 2012
4781 posts
Posted on 11/9/22 at 11:52 pm to
Around 11k is the price I’m waiting on. Hopefully it will hold there. If not, then who knows.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
42556 posts
Posted on 11/10/22 at 8:56 am to
I just loaded up on more BTC/ETH today
Posted by Bdiddy
Member since Jul 2021
233 posts
Posted on 11/10/22 at 10:22 am to
Yesterday.
Posted by GoldenBoy
Winning!
Member since Nov 2004
42012 posts
Posted on 11/11/22 at 10:30 am to
Just dollar cost average small amounts weekly. It’s a long term play.
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