Is it too late to buy bitcoin?

[Damodarm]

Even the blind can see that crypto Currency is making people millionaires all  over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.

I hope this answers your query.
GOLDMAN SACHS: Bitcoin is going to test $3,000 and could get as high as $3,700

Bitcoin has held strong support and has its sights set on a test of the $3,000 level, according to Goldman Sachs.

In a note sent out to clients on Monday, Sheba Jafari, the head of technical strategy at the bank, updated her recent chart work on the cryptocurrency.

The $1,856 to $1,790 area "has the potential to act as strong support," Jafari wrote. "All in all, the balance of signals appear to be shifting to a more positive tone."

Jafari's latest note comes two weeks after she predicted the cryptocurrency was setting up for a big drop.

At the time of her call, bitcoin was trading near $2,550 a coin. She said that bitcoin was "still in a corrective 4th wave" that "shouldn't go much further than 1,857." It fell a bit further, putting in a low somewhere between $1,758 or $1,852 (depending on which data you use).

Jafari, however, always expected the gains would resume after the correction.

And that they have.

Bitcoin has gained more than 20% from its July 17 low, and currently trades near $2,285. As to how far bitcoin can go from here, Jafari expects another run at record highs. "The minimum target for an eventual Vth wave from current levels is 2,988; an extended 5th could reach ~ $3,691."

Bitcoin is up 140% in 2017. It put in a record high of about $3,000 on June 12.
http://www.businessinsider.in/GOLDMAN-SACHS-Bitcoin-is-going-to-test-3000-and-could-get-as-high-as-3700/articleshow/59673514.cms

[bassong]

I don't think it is too late to buy. I bought a bit under $2000, and now I am over $500 in profit.

[BitcoinPC]

I think it's never too late to make buying, because I think it's always an opportunity to make purchases, we've all seen how it has increased in recent days.

Now bitcoin price is $2787, it is expensive price for most of the people, also for me. I clearly know that most of the people couldn't afford it, and now it is not easy for everyone to buy the bitcoin easily. Now my friend he has a good job and his salary is $1000, he simply said to me, he couldn't buy the bitcoin. So should accept now we couldn't buy bitcoin from our pocket money.   

[Gintama214]

Even the blind can see that crypto Currency is making people millionaires all  over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.

 I would suggest that if you wanna buy bitcoin and its almost August 1, I would actually just wait for it until it passes. There are many rumors that the will be a dump after the split but its not for sure that there will a dump, we don't know yet until happens. Its good to be alert after the event so that you can buy right away if there will be a dump, that's what I'm actually going to do. Also, while your just waiting until August 1, you can also ear some BTC in campaigns and faucets before August as long as you don't do anything transactions when it happens so that your BTC won't be in risks. Hope it helps 

[Jiyens3]

i think not late because i read the news after segwit bitcoin up almost $4000
so i think save now is good and sell after segwit
but this statement nobody insures

[sunsilk]

I don't think it is too late to buy. I bought a bit under $2000, and now I am over $500 in profit.

And even you'll buy now at $2,700 as speculators are saying that bitcoin is about to reach $4,000.

You already have $1,300 profit for buying at "currently expensive" price of bitcoin.

It's not that late to buy bitcoins.

[Pettuh4]

I don't think it is too late to buy. I bought a bit under $2000, and now I am over $500 in profit.

And even you'll buy now at $2,700 as speculators are saying that bitcoin is about to reach $4,000.

You already have $1,300 profit for buying at "currently expensive" price of bitcoin.

It's not that late to buy bitcoins.

It's never too late to buy and so whether it's being speculated to reach $4000 or not you can just buy and expect good returns in the long term. It could even happen that after buying at today's price it will depreciate for a while before rising again so just don't look out for a favorable time, just buy now.

[Edrian]

It will never be too late on bitcoin. Never been laye to buy and learn about bitcoin. I just learn bitcoin last last month and I think it is very worth the time and effort especially here in the forum. Definitely worth it.

[eSportsCoins]

I think it is never too late. Bitcoin always has an exciting journey ahead of it and is always growing. Just look South Korea just legalised it formally today. Very big news. Bitcoin still had a very long way up! 

[maeusi]

I also think, that it is still worth to buy bitcoin. In near future, I guess, cryptocurrencies will replace traditional money. So bitcoin could take profit and climb up to 10000 or 100000 $, maybe even higher.

[LuckyBtc]

I think it is never too late. Bitcoin always has an exciting journey ahead of it and is always growing. Just look South Korea just legalised it formally today. Very big news. Bitcoin still had a very long way up! 

Agree! It's never too late to buy Bitcoins. If you buy today or at current price($2700), After few years(When price soars to $10k+) you'll be happy that you bought Bitcoins.

[dejavvu]

It may not be too late but it certainly is harder to get into. Back in the day, you could easily save up a coin on the side every week but now one coin is pretty much one's monthly paycheck. You can still buy here and there but it is definitely getting harder. And we are talking about so much value now so any spikes in the price can destroy you.

[webmastax]

it's never late to buy bitcoin but i suggest to wait till 15 august

[KrakAJAX]

I think it is never too late. Bitcoin always has an exciting journey ahead of it and is always growing. Just look South Korea just legalised it formally today. Very big news. Bitcoin still had a very long way up! 

Agree! It's never too late to buy Bitcoins. If you buy today or at current price($2700), After few years(When price soars to $10k+) you'll be happy that you bought Bitcoins.

If that happens, which I believe it will. But we can never be so sure there may be some crazy legislation that ruins the coin. There is always a chance.

[StephenCurry333]

there is no late for buying bitcoin, the price go up and up and most of experts of cryptocurrency except bitcoin to reach atleast $5k buy the end of the year even much higher like $10k

[BitcoinUKmedia]

Bitcoin has been around for years and many people consider that they 'missed out' but it's all relative. There are people who bought bitcoin after me and have made a lot more from it so its also about being lucky or smart or whatever.

[Blitzboy]

I also think, that it is still worth to buy bitcoin. In near future, I guess, cryptocurrencies will replace traditional money. So bitcoin could take profit and climb up to 10000 or 100000 $, maybe even higher.

Bitcoin is always the best place for investment and it is never too late for us to buy bitcoin. therefore, if you have money, invest it in bitcoin and I can ensure that you will gain a huge profit from that activities. In the next few years, we will see that many places and stores will accept bitcoin and online businesses such as alibaba, amazon will listed the cryptocurrency as their optional payment methods

[Gameroid]

there is no late for buying bitcoin, the price go up and up and most of experts of cryptocurrency except bitcoin to reach atleast $5k buy the end of the year even much higher like $10k

yes that is is right that it is never late to buy bitcoin, i think purchasing bitcoin at any price is reasonable because still there is a lot of potential in the price of bitcoin. in fact bitcoin is the only currency where can invest our money at any time and where our investment will remain as safe, to me i have invested about 70% of my assets and i am too much confident about the  price of bitcoin that its price will increase too much in near future.

[KrakAJAX]

Bitcoin has been around for years and always people say 'i missed out' but there are lots of people coming in still who make money.

We are missing out right now. However we can only deposit so much money and regardless we are way ahead of 99% of the population.

[Elsaveronicha]

I think bitcoin prices are now expensive if we compare the price of bitcoin now with bitcoin prices last year has gone up 100 x.