Bitcoin Forum

Many Crypto News and Updates made the Headlines this week?
What do you think?
Is Now a Good Time to Invest, or Is there Never a Good Time to Invest in Cryptocurrency?

This Week's Crypto Headlines:
1. The Crypto Market is back up - Entire Crypto Market was boosted by 10%
Many analysts felt optimistic about crypto market and are forecasting a huge growth in market capitalization. In the last week of April, Bitcoin increased by 5% as well as Ethereum gaining an increase of 7%.
This shows that the Crypto Market is crawling back up and it is time for all to pool your resources back to this industry.

However, some negative events happen in this week as well:
2. MyEtherWallet breaks down to a DNS hijacking attack that allowed a hacker to redirect users to a malicious version of the website and phish their private keys. It was originally noted as reported by a couple of exchanges, that some ERC20 Tokens were experiencing some issues while acting troublesome. Baumont wrote, This incident "highlights how almost nobody noticed until the attack stopped, There is a blind spot. These group of hackers have appeared to have obtained a total of 215 Ethereum in the process which is equivalent to an approximately $150,000 USD. As per previous incidents, Ethereum has no plans to muddle in this situation and are not returning this Ethereum to the users.
Hence, please do be careful and ensure that you are always on the right, secured sites before you type in your private keys. Also noting the words from the chief executive of MyEtherWallet, Kosala Hermachandra, use an offline version of the wallet or a hardware wallet, "This is an ongoing battle that requires all of us to stick together".

Last, but not least, this week, we see Nasdaq venturing into the Crypto Market as well. They are open to becoming a cryptocurrency exchange in a regulated market. Their CEO mentioned that they would want to list cryptocurrencies on their exchange.

So, your opinions, what do you think? Is Now a really good time to invest in Cryptocurrency?

in my opinion, there is always a good time to invest, just you need to know where to invest :) Some coins always are growing!

It is a good read. Personally, I feel it is always a good time to invest in cryptocurrency. There is so much unreleased potential that blockchain can bring to the world and so much decentralisation blockchain can provide.

The time for investments is always, the question is which crypto currency and at what point :). Now, in fact, it makes sense to purchase the Etherium, as soon Casper will come out and mining from mining will decrease by 5 times, and simply the holders of the etherium will be credited with coins on their own)

You should know that there's a time that is not a good time to invest and  you didn't know the value of all cryptos are fluctuations, there's a time that it increase and it might be decrease. Do more research about the investing because there's always a risk.

invest in what?
you can never talk about the market as a whole because when it comes to pumps each altcoin performs individually. for example in the past couple of days i have bought 2 different coins (shitcoins to be exact) which got pumped more than 100% and i gained some profit from these big pumps easy in a couple of days only.
the timing is dependent on individual coins and whether they are in a bubble or not and if they have a pump on the way.

If your really wanted to invest you should’ve made a good position when the market is down right at the first and second week of April. Example If you were able to position your self when Bitcoin is below six thousand US dollar, by now you should feel the 10% increase in the market.

However it is still not late to invest you only need to wait for the currencies to break their resistance. Lets get back to the basics “Buy low and Sell High”

If you invest earlier maybe you could earn higher than if you invest now. Because the market are launch into the higher price again.but i don't say that invest in the cryptocurrency now are late. You'll only loose some of the earnings. But for those who didn't invest bitcoin until now, I'll say it to you invest now because the price are continue to rise up from now on

crypto currencies in the stock market in the last weeks after the huge loss of value there are positive developments. and prices are moving upwards. I think it's time to invest.

I have been buying and investing for the last two week and topped it up to my portfolio that was hurt by the extreme bear market. Now those assets I purchased last weeks are able to make the previous stash less loss. Some of the new assets I purchased have already appreciated by 100 to 400% and my portfolio is looking good again.

First of all you need to know if you are planning a long-term investment or not? If long-term - it's never too late to enter, all the same, with time, coins will cost more.

Obviously you do not have all the information, as some coins have went up as high as 300%and 400%, so the market is halfway up where it was four months ago. So in my opinion there is still time to invest, but not to much, as there are some rumors that this is bull trap.

In trading, you must have the guts, accompanied by the right intuition. If you want to earn for a short period of time, right timing is best. Always keep track of the price of your coins so you can't get frustrated at the end. Proficient in motion of coins because it is volatility .

I guess that there are better and worse times for investment in top cryptocurrencies (sorted by their market capitalization), but eventually any investment like that will turn out to be profitable when the market recovers and sets new ATHs. Now we still have the prices about 50% down and a rather strong upward tendency. I suppose it makes investing now rather secure and potentially profitable in the near future (this summer). Even bad news don't affect the market as much as they did before, which means that cryptos are gaining more trust from the community.

From my point of view, there is always a chance to invest, especially into crypto currency, because the market is not as stable as other spheres of investment. If you want to make a decent profit on a day-to-day basis as I have said there is always a chance for that in crypto market.

Time to invest is when the market is down, but if your query is whether one should invest in cryptos despite the market trends, then i think the answer will be a definite yes, because whatever the state of crypto, it has shaken up enough people for the world to get up and take notice, and it is definitely here to stay, and is the changing face of our future as we know it.

where is the bull run ??!?!?! lol

A recovery market is not the time to invest. The time to invest into coins is when the market is  in a bearish state and prices of coins have fallen. You should wait for a little while because with every recovery comes a dip and you can buy into the market when the price has gone down again like it did last time.