Should i buy a ton of btc while prices are low?

Do you guys think they will return to their previous prices? I dont wanna get stuck with a bunch of worthless btc's if they go even lower.


Comments


[15 Points] LongLiveThe_King:

No one can tell you that man.

Most people seem to think that BTC will bounce back though, so if you buy now and wait long enough you might make a profit. Never buy more than you can afford to lose though.


[12 Points] jail_hose:

BUY BUY BUY says the guy sellin. SELL SELL SELL says the guy buyin


[3 Points] hugsfordrugs:

It's gonna keep dropping. Just wait for it to stabilize, then buy before it starts the steady climb back up.


[1 Points] sharpshooter789:

Gox is dead!


[1 Points] None:

ive been thinking the same thing. im no BTC expert but in the last whatever months ive been watching it, it does seem now would be a good time to buy. though i thought it would have started to climb back up already its actually gone down slightly from last week when i almost bought. who knows.


[1 Points] None:

nol you buy when its high and sell when its low, you just had it backwards, that was close lol


[1 Points] MaroonAndOrange:

Common good prices react to the people. The more people investing, the more likely the prices are going to go up. Buying btc could help the prices start an upward trend, we just need to all work together.

Honestly though, as of now the btw prices are in a state of fluctuation where the price will go up or down repeatedly until it finds a price where most people recognize that should be the true price. It is likely that btc prices will go up at one point during this state of fluctuation.


[1 Points] eggertstwart:

I don't like the outlook of bitcoin. The hype is ending, they have little actual use, and are difficult to use on top of it. There's clearly a bubble, and with all the recent trouble, it seems very very risky to buy now.


[0 Points] None:

Well Bitcoins are now essentially stocks.

So you must study BTC as a stock analyst would. Important figureheads, financing, and political variables all must be taken into consideration, along with countless others.

I personally think the price will stabilize soon, after this MtGox fiasco is over. Beyond that I cannot say.