Is right now a good time to buy Bitcoin / Ethereum?

[sabriel]

Hi,

I know you guys get asked this all the time. I'm new to cryptocurrencies, trading and I've never been involved in any sort of forums before either, so i'm sorry if I've posted in the wrong way.

I'm looking into the happenings at the moment and trying hard to catch up. It is a lot to digest and I think there are important dates coming up that I need to be wary of. It seems July/August are to be big dates for Bitcoin and I am trying to understand if i have already missed the boat and if the risk/reward is too high/low.

Am I right in thinking that the value of bitcoin could swing either way with a 50/50 chance after this date?

Is the current general thought for investors that after August, there might be a large dip, but it should recover to eventually get our 500k valuation (in a long way off), or if it goes south would it be dead in the water?

With the current spikes and new all time highs in the price, would I be buying in too high at this point?

Would i be better to buy as much as I can before these dates or would it be safer to wait until after and then buy in?

Sorry if have some misinformation.

Thank you for your time!
 

[1714030900]

1714030900

[1714030900]

1714030900

[1714030900]

1714030900

[Sadlife]

Bitcoin is considered a safe haven for investors and you should quickly buy lots of it right now while it's still in $2700 something in it's all time high, when it surpass the $3000 barrier it would be probably to late cause it might be to expensive for you as an investors or maybe not. Dont invest your future in some altcoin that is currently hype cause they're only good in short term profit and ETH is centralized, buggy, that is owned by bankers and only has little support from the commumity while bitcoin is widely used in terms of goods and services, decentralized, anonymous and it is widely adopted in many countries, use as payment method in both local businesses and online.

[X-ray]

Please you can try to buy both of the coins. Rmember etehreum will migrate to the pos system in the future and that makes the price will be doubled and bitcoin with the scaling agreement and will be good for you to fill your portfolio with both.

[pooya87]

try looking around for a little and see other people asking the same question each time price rises. the answer for bitcoin is always the same, it is a good investment but it is not risk free.

as for Aug 1 we don't know what will happen, and large dip is not "general thought" of investors, you have been reading some FUD.

as for your main question look at this way:
bitcoin:
has real demand.
people invest in it as a store of value, as a strong technology that has been working perfectly without any problems for 8 years.
it has a solid developing team. the code is reviewed and it is bug free.
hackers have been trying to hack bitcoin, attack the network, ... for 8 freaking years and they have never succeeded.
people are also buying bitcoin because it has real world usage as a currency. you can buy almost anything with it these days. there are thousands of merchants accepting it. there are 200,000 merchants in Japan alone.
countries have either embraced bitcoin as a legal method of payment or are thinking about it

ethereum
it is centralized, don't expect any change that community wants but expect any change that the developers feel like it. hint: DAO roll back, Difficulty bomb, Change of POW,...
has no real demand apart from speculators, idiots who are forced to buy ETH tokens to invest that in ICOs
it has not been around for long, it has lots of bugs and exploits.
it has a terrible scaling issue which has led to $1 transaction fees even with fast (15 second) blocks and no backlog like bitcoin has!!!
running a full node is extremely hard and much more expensive than bitcoin and that leads to more centralization and lack of nodes as time goes by.
it is not even a currency! it is a platform for smart contracts and it is not doing it well enough a better platform can easily replace it. some even believe RSK will do that soon.

[DrGuns4Hands]

this time is not the right time to buy bitcoin because bitcoin price right now is too much higher than i expected this past few months i thought bitcoin could reach this amount when this year ending but im wrong so just wait till the drop of price of bitcoin before buying for you to have a good back to your money what you invested

[YuginKadoya]

try looking around for a little and see other people asking the same question each time price rises. the answer for bitcoin is always the same, it is a good investment but it is not risk free.

as for Aug 1 we don't know what will happen, and large dip is not "general thought" of investors, you have been reading some FUD.

as for your main question look at this way:
bitcoin:
has real demand.
people invest in it as a store of value, as a strong technology that has been working perfectly without any problems for 8 years.
it has a solid developing team. the code is reviewed and it is bug free.
hackers have been trying to hack bitcoin, attack the network, ... for 8 freaking years and they have never succeeded.
people are also buying bitcoin because it has real world usage as a currency. you can buy almost anything with it these days. there are thousands of merchants accepting it. there are 200,000 merchants in Japan alone.
countries have either embraced bitcoin as a legal method of payment or are thinking about it

ethereum
it is centralized, don't expect any change that community wants but expect any change that the developers feel like it. hint: DAO roll back, Difficulty bomb, Change of POW,...
has no real demand apart from speculators, idiots who are forced to buy ETH tokens to invest that in ICOs
it has not been around for long, it has lots of bugs and exploits.
it has a terrible scaling issue which has led to $1 transaction fees even with fast (15 second) blocks and no backlog like bitcoin has!!!
running a full node is extremely hard and much more expensive than bitcoin and that leads to more centralization and lack of nodes as time goes by.
it is not even a currency! it is a platform for smart contracts and it is not doing it well enough a better platform can easily replace it. some even believe RSK will do that soon.

August 1 would be the big day for the split to happen but we can never know if it would surely be put to be active because it is surely a great risk for bitcoin, I may be wrong but I think I am the only 1 against it or not, but I am surely not into it because it might give us a bit of a problem in the future that we might regret but let them do it because they have the knowledge in knowing if this is gonna be great for the community or not,

and for OP I really thing if you really want to invest in bitcoin just buy as many as you want or earn as much as you can because the big jump in price is nearing this July we can truly see if bitcoin's gonna make a big difference for all of us, so do your best in doing both if you can.

and I think even if ETH has lots of glitch and has a terrible scaling, how did it many a way on the top and has been said to be the next and can be number 1 just like bitcoin, I think they are working very agile in getting to knock bitcoin to the number 1 spot but let's just see because I myself likes to surely trade in both bitcoin and ETH.

[mobnepal]

I think it is good time to buy ETC because it has same features like ETH and when ETH will go POS miners will shift towards ETC mining that can rise its price dramatically. On the other hand, bitcoin is always good for long term holding.

[lottery248]

try looking around for a little and see other people asking the same question each time price rises. the answer for bitcoin is always the same, it is a good investment but it is not risk free.

as for Aug 1 we don't know what will happen, and large dip is not "general thought" of investors, you have been reading some FUD.

as for your main question look at this way:
bitcoin:
has real demand.
people invest in it as a store of value, as a strong technology that has been working perfectly without any problems for 8 years.
it has a solid developing team. the code is reviewed and it is bug free.
hackers have been trying to hack bitcoin, attack the network, ... for 8 freaking years and they have never succeeded.
people are also buying bitcoin because it has real world usage as a currency. you can buy almost anything with it these days. there are thousands of merchants accepting it. there are 200,000 merchants in Japan alone.
countries have either embraced bitcoin as a legal method of payment or are thinking about it

ethereum
it is centralized, don't expect any change that community wants but expect any change that the developers feel like it. hint: DAO roll back, Difficulty bomb, Change of POW,...
has no real demand apart from speculators, idiots who are forced to buy ETH tokens to invest that in ICOs
it has not been around for long, it has lots of bugs and exploits.
it has a terrible scaling issue which has led to $1 transaction fees even with fast (15 second) blocks and no backlog like bitcoin has!!!
running a full node is extremely hard and much more expensive than bitcoin and that leads to more centralization and lack of nodes as time goes by.
it is not even a currency! it is a platform for smart contracts and it is not doing it well enough a better platform can easily replace it. some even believe RSK will do that soon.

in terms of fees, i will prefer both, because the fee of sending bitcoin is being almost the same in US as ethereum. since altcoins are less popular, their fee are less than what bitcoin will be and normally faster in transaction.
buying reliable altcoins are currently better than bitcoin as they are often pumped really fast, which gives you a chance to be a rich within a very short period.

I think it is good time to buy ETC because it has same features like ETH and when ETH will go POS miners will shift towards ETC mining that can rise its price dramatically. On the other hand, bitcoin is always good for long term holding.

yup, bitcoin is the most traded cryptocurrency, as the popularity raises, higher value you are holding.

[Yuhee]

I think it is good time to buy ETC because it has same features like ETH and when ETH will go POS miners will shift towards ETC mining that can rise its price dramatically. On the other hand, bitcoin is always good for long term holding.

And nothing is too late because we are still in the year of recognition of cryptocurrency. Blockchain is now becoming famous in other countries and Eth is also having a fast and high increase rate and its not really necessary to buy a whole of it. We can just try to buy little amount of it then we can trade it to higher. Good time now to buy while many other people are still not aware of the existence and how the profit works in btc and eth.

[romero121]

In my right now the price of ethereum seems affordable, so one could make an investment into ethereum and later can make change to the bitcoin for long term investment when the price pumping of ethereum takes place. Bitcoin is very big that it's not that easy to be afforded by an common man who lives with a job.

[Asrael999]

Bitcoin is considered a safe haven for investors and you should quickly buy lots of it right now while it's still in $2700 something in it's all time high, when it surpass the $3000 barrier it would be probably to late cause it might be to expensive for you as an investors or maybe not. Dont invest your future in some altcoin that is currently hype cause they're only good in short term profit and ETH is centralized, buggy, that is owned by bankers and only has little support from the commumity while bitcoin is widely used in terms of goods and services, decentralized, anonymous and it is widely adopted in many countries, use as payment method in both local businesses and online.

This is absolute rubbish - Bitcoin is not considered a safe haven investment ,  it is at best a speculative gamble on a potential system of value transfer , and it is failing at this at the moment. Other crypto can do the same thing at much less expense and much faster. The best that can be said of BTC is that it is the safest crypto against a new entrant mustering a 51% attack, however given mining centralisation it is by no means safe from an incumbent 51% attack or being held hostage. BTC needs to evolve or like anything else it will be rendered extinct by another organism more fit for purpose. If you are relying on store of value as your investment criteria you need to seriously examine what make s something a store of value, and the volatility of BTC eliminates it straight away

[ultrloa]

All the time is the right time to buy bitcoins and ethereum it is all Depends on your set target profit  for both of coins since if you are not greedy enought to wait for big jumps on it provably you can earn more money on those two coins of your selection, You could monitor its stats and movements and  you can actually tell on when to do trades on it on the right time just join its flow so that you could earn from doing some day tradings on it.

[Wipro]

All the time is the right time to buy bitcoins and ethereum it is all Depends on your set target profit  for both of coins since if you are not greedy enought to wait for big jumps on it provably you can earn more money on those two coins of your selection, You could monitor its stats and movements and  you can actually tell on when to do trades on it on the right time just join its flow so that you could earn from doing some day tradings on it.

I can say that bitcoin is best to hold it due to high price movement in the chart. Etherum's value is stands around the where bitcoin stands on 2015 now. ETH is best for the people who is earn little fund now. You can buy the ETH and hold it for some years.

[Omega Weapon]

Hi,

I know you guys get asked this all the time. I'm new to cryptocurrencies, trading and I've never been involved in any sort of forums before either, so i'm sorry if I've posted in the wrong way.

I'm looking into the happenings at the moment and trying hard to catch up. It is a lot to digest and I think there are important dates coming up that I need to be wary of. It seems July/August are to be big dates for Bitcoin and I am trying to understand if i have already missed the boat and if the risk/reward is too high/low.

Am I right in thinking that the value of bitcoin could swing either way with a 50/50 chance after this date?

Is the current general thought for investors that after August, there might be a large dip, but it should recover to eventually get our 500k valuation (in a long way off), or if it goes south would it be dead in the water?

With the current spikes and new all time highs in the price, would I be buying in too high at this point?

Would i be better to buy as much as I can before these dates or would it be safer to wait until after and then buy in?

Sorry if have some misinformation.

Thank you for your time!
 

Ethereum is growing like crazy in this last month the last time I saw it was just 6 billion dollars behind bitcoin in market capitalization and if things keep like that then it may surpass it for a little while but to be honest I think that is a bubble and soon enough the price will need to correct itself so you need to be careful about the way you invest your money at the moment.

[elite3000]

Yes, we are still recovering from a dip. Remember the last dip was to $1800. We are seeing higher lows, so long trend still is bullish for Bitcoin.

Don't know about Ethereum. Looks like a ticking bomb for me in the short term, I don't know enough of the tech to have opinion about the long run

[veleten]

I see the trend in general-money are running from fiat and assets into cryptocurrency territory
volatility is the key factor here and thing will not change in the near future
ETH looks like a less stable,less versatile currency than bitcoin and while it is a good smart contract platform and sees the highest % growth
its future is very unsure,while bitcoin's future will be determined after the 1 of August
if everything goes smooth we will see crazy price jumps,both ways
in any case bitcoin wil lremain viable,untill something better is invented(don't see it coming any time soon,though)

[AtlantaFive]

Etherium is making a pump this past days. The last time i saw eth at 0.1btc = 1 eth but now it goes to 0.14btc = 1 eth. Looks like many people are starting investing a lot on etherium. Maybe it's not late to invest in eth now.

[Mr.grin]

Eth price increasingly rises day. It makes me also this buy some eth. Well, lately, there is so much good information about bitcoin and eth, so if i want to buy it then maybe right time, because i feel that eth price probably will come to the price of 0.2 btc

[ArdiPrabowo]

Please you can try to buy both of the coins. Rmember etehreum will migrate to the pos system in the future and that makes the price will be doubled and bitcoin with the scaling agreement and will be good for you to fill your portfolio with both.

where detail information about new system ethereum
about migrate to pos system, and how much reward if hold etherum with stake pos system

[btcney]

It's probably a good idea to have a diversified portfolio of both.

Bitcoin and ethereum generally go in opposite directions. So if bitcoin crashes, ethereum rises because it is seen as an alternative. And when ethereum crashes, bitcoin generally goes up in price. There could be times when this isn't true though.

Bitcoin dominance is at an all time low - i think it's a good time to buy in bitcoin in particular. But buying crypto and dumping your fiat in general is a good idea, as long as you pick the right altcoins.