Is it a good idea to buy some bitcoin now?

[I_wanna_to_communicate]

As currently, Bitcoin price is about $3400, almost the lowest price of past 10 months.

Is it the right time to invest some for the moment?

Thank you for any suggestion

[mk4]

There's literally no way to find out if this is the lowest it can get or not.

If you're planning on holding bitcoin for decades at least, then probably $3400 is a good price to buy some. A $1000-$2000 price difference is little to nothing if you're actually bullish on bitcoin long-term.

If you're just trying to make money short-term though? I don't know. No one knows. If you're going to gamble short term, probably go to a casino instead. If you lose, at least you probably somewhat enjoyed the experience.

[kingpin4321]

If you seeing it from the perspective of it been more affordable than before it would seem like a good time to buy
 but if you seeing it from the current situation of the market it might seem as a bad situation.

But with the right strategy buy bitcoin now would not be a bad idea

[burky156]

You would never know and you can't be sure about that question. When price goes down everyone talks about the buying bitcoin but actually we can't know that when the crushing stop. If you use this strategy you have to loose. I believe that you need to prepare your plan with your time table and you have to stick with that plan. Otherwise you would loose it.

[Pursuer]

what you need to have in mind is that you will NEVER be able to buy at the bottom of any drop. it is simply impossible. only one order among millions will be at the lowest price. and since that price is unpredictable what we do is that we guess what the lowest price may be and then choose any price above that and buy.

that makes current price a good candidate for buying if you consider this to be the end of the drops or  close to it. in my opinion this current price is lower than what lowest price should have been which makes it a good entry point for me. but your speculation may be different so try making decision based on that.

[muslol67]

As currently, Bitcoin price is about $3400, almost the lowest price of past 10 months.

Is it the right time to invest some for the moment?

Thank you for any suggestion

It may be. But no one know when is the true time exactly. We were talking it never fall under 6K from six months. It did! I think 3K level is the last defence line. Under 3K can be dangerous.

So, never buy Bitcoin with loan or any lend. Never put your all money in it.

[Andruha1993]

Now it is very difficult to speculate what will happen next with the market. But my personal opinion, if I had money, I would now invest in BTC as the price really allows it.

[cfif123]

As currently, Bitcoin price is about $3400, almost the lowest price of past 10 months.

Is it the right time to invest some for the moment?

Thank you for any suggestion

if you want to get a big profit in a short time now this is a very good time to buy a lot of bitcoin, especially still cheap now. so don't ever miss a big opportunity

[Naughty Princess]

As currently, Bitcoin price is about $3400, almost the lowest price of past 10 months.

Is it the right time to invest some for the moment?

Thank you for any suggestion

It may be. But no one know when is the true time exactly. We were talking it never fall under 6K from six months. It did! I think 3K level is the last defence line. Under 3K can be dangerous.

So, never buy Bitcoin with loan or any lend. Never put your all money in it.

No one knows if it is really the bottom but if you want to invest, you should put what you are afford to lose and make sure that you are ready to take the risk and willing to wait longer. The price now is cheap which is an opportunity to buy some of the coin but do not expect that you can gain easier from it for short time, market is slowly moving and takes time to recover.

[smartbitcoininvestor]

I would try and buy 3 of them for $10,000. By the time it goes back up to 5 figures you will have a hefty sum.

[jubilarian]

No one can know where is bottom, that's sure. Let's do your own search then decision is yours. Never invest all of your money in one bag. Look out! The price is still too risky now.

[Baby Dragon]

What ever the price of bitcoin it is still good idea but if you are investors or traders your idea is better to buy at a low price. But, you need to think wisely if you ever take the risk because in every purchase of bitcoin there are risk and not all people who buy bitcoin earn profit. But still I suggest you must buy bitcoin.

[rudox]

The market situation is unpredictable these days. It is so a serious matter to decide and advice anyone on trading now. The price of bitcoin at present $3400 may not be the bottom based on what has been happening for the past 3 weeks so I do not think we have seen the bottom yet so the price will still slide down more. If you ask me I will suggest you hold your money till the first quarter of next year.

[olubams]

As currently, Bitcoin price is about $3400, almost the lowest price of past 10 months.

Is it the right time to invest some for the moment?

Thank you for any suggestion

Times without number this question has come up and would continue to come up as long as there is a market and people are ready to either cash in on the opportunity or lose out on the opportunity. The answer to your question is are you ready to risk it knowing either of the two options could come out at the end of the day. The point at which you can decide that with the timeline you set for yourself, then go ahead and invest but know that you will be fully responsible to bear whatever comes out of it.

[TheUltraElite]

As currently, Bitcoin price is about $3400, almost the lowest price of past 10 months.

If we go back a few more years it was even lower in the three digit figures. A 10month price chart wont make any sense if you are going to jump in now.

Is it the right time to invest some for the moment?

What I am trying to say is that you could invest at this time but seeing the market sentiment depressed at the moment it would drop more in my opinion. Buying now can be both good or bad. Good if its going to go up from this 3.4k USD level and bad if it is going below to 1k again.

So maybe buying in small chunks every time it falls is a better way of spending your cash. Buy at the lower levels going down each level and increase the amount in every drop. Then see how much of it gets through and we will see how far the market drops.

[ardhigalau]

I dare not tell you to buy now, but I'm sure you can assess the market conditions now. Take advantage of the moment to get profit.

[Dimas99]

I think to start investing with crypto currency by way of trading in general, indeed by buying at a cheap price and selling at a high price to get profits we just have to be smart in utilizing the opportunities that we will get in investing.

[mahilchii]

As currently, Bitcoin price is about $3400, almost the lowest price of past 10 months.

Is it the right time to invest some for the moment?

Thank you for any suggestion

Worth investing mate, yes indeed buying at cheap prices and selling for good profit is what everyone thinks about. Make use of it take it as a advantage  and fill your bag as much as you can, plan it for long-term don't imagine about the future it will be good.

[funchiestz]

I think this price (especially under 10K) is buying opportunity, everytime. But please DYOR! It always has a big risks don't remember that. But remember, if it starts to rise, no one catch it with this cheapest prices!

[lepbagong]

As currently, Bitcoin price is about $3400, almost the lowest price of past 10 months.

Is it the right time to invest some for the moment?

Thank you for any suggestion

Worth investing mate, yes indeed buying at cheap prices and selling for good profit is what everyone thinks about. Make use of it take it as a advantage  and fill your bag as much as you can, plan it for long-term don't imagine about the future it will be good.

Actually, it is also taken into account to buy and hold for a while, because predictions for bitcoin will return to glory, indeed, there has been much discussion that will happen at the end of the year, but just how do we manage it