Is This a Good Time to Buy Bitcoin?

[MariusCrypto]

Dear Community,


I have read everywhere in the press that Bitcoin will even reach $50k this year. If it is true, is this a good time to buy bitcoin?


To make it easier, I even created a poll for this.


Thank you very much for your involvement!

[FruitsBasket]

I have voted “no” because short term things are not looking good if u buy at 10700$ as it is the current price for bitcoin. Long term anything below 15000$ is a good buy. Short term the price will go down to mayby to the lower 10k’s (10200-10400). I do not expect it to drop below 10k within 24 hours. I recommend u to buy it at the lower 10k range.

[brushtooth]

Dear Community,


I have read everywhere in the press that Bitcoin will even reach $50k this year, if it is true, is this a good time to buy bitcoin?


To make it easier, I even created a new poll here.


Thank you very much for your involvement!

If the price reaches 50k later in the year then of course it would be a good investment. No one can predict with certainty if this will happen so we just have to consider what we know and form our opinions based on that.

Bitcoin enjoyed a great year in 2017 with a lot of new investment and exposure, it's had a tough start to 2018 but seems to have found support and is now back above 10k. If the price can go on a bit of a bull run we may see a lot of past investors come back to the market as they are less in fear that the end is near.

If I had spare funds to invest I would be buying BTC right now.

[FRJ]

I think so.Because of two reasons.

1.the price of bitcoin is now in a low price.So,buy bitcoin at a cheaper rate and get profit after selling it at a higher rate.

2.bitcoin has started recovering it's crash.So,there is a hope of the price to increase.

[MariusCrypto]

I have voted “no” because short term things are not looking good if u buy at 10700$ as it is the current price for bitcoin. Long term anything below 15000$ is a good buy. Short term the price will go down to mayby to the lower 10k’s (10200-10400). I do not expect it to drop below 10k within 24 hours. I recommend u to buy it at the lower 10k range.

Thank you so much for your advice!

[n691309]

everyone in the crypto world expecting bitcoin to reach the 50.000 USD this year, if you are holding bitcoin you will want to have the price this year ofcorse.
bitcoin is just waiting got the final step of lightning and it will continue to rise and will have that value soon.

[Mi5h0]

<snip>
I have read everywhere in the press that Bitcoin will even reach $50k this year. If it is true, is this a good time to buy bitcoin?

I find this old Chinese proverb very inspiring in many ways. "The best time to plant a tree was 20 years ago. The second best time is now."

[novogum]

it all depends on your expectations and the amount that you are willing to lose when investing in bitcoin. There are expectations of growth of up to 50K, but it is not exactly.

[buldogers]

If you're expecting that Bitcoin would go to $50k then anytime would be a good time to purchase bitcoin. Though, no one knows when the BTC is going down or up, but there's one thing I'm sure. "IT WILL GO UP."