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Author Topic: Is this right time to invest in Bit Coins  (Read 429 times)
bigtravelhelp (OP)
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September 18, 2019, 09:37:01 AM
 #1

Hi All,

I am new here and i want to Is this right time to invest in Bit Coins.

Please assist me.

Thanks
AB de Royse777
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September 18, 2019, 10:15:48 AM
 #2

Hi All,

I am new here and i want to Is this right time to invest in Bit Coins.

Please assist me.

Thanks

Bitcoins (FTFY, it's one word)


These question is being asked from the very beginning even when the price was under $1 and now today we have over $10k. There are no right time to invest in Bitcoin. You do not invest in Fiat, do you? You earn it.

Bitcoin is a currency and in the same fashion you can earn it to. Find a way to earn it (from job, from business etc) or whenever you have extra fiat then buy it without thinking much about the usd price.

Ask yourself which type of savings is good?
1. Fiat in the bank which will have multiple time less buying power after ten years from now
or
2. Bitcoin which has limited supply and increasing the demand as we go.

Decision is up to you.

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September 18, 2019, 11:41:47 AM
 #3

Nobody can tell you if this is a good time to invest or bad, since no one can know where the BTC price will go next. It might jump by thousands of $ in a week, or it might drop by just as much. In one scenario, you win, in the other one — you lose. If you are determined to buy BTC and take this risk, any time is as good as any other, since you can't know what will happen next. It might be better to try and earn BTC instead of purchasing it. That way, you won't lose your fiat money, even if the price crashes again. Just a thought.

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September 18, 2019, 11:49:36 AM
Last edit: September 19, 2019, 06:57:35 AM by Herbert2020
 #4

so you just created an account with the same name as your website (which has nothing to do with bitcoin by the way) then the first thing you did was to fill your profile with a ton of links and then opened a trivial question here.
now lets see if you ever come back and read this comment (and answers to your question!) Smiley

edit: oh so you did come back, only once. interesting...

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
bigtravelhelp (OP)
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September 18, 2019, 01:26:54 PM
 #5

so you just created an account with the same name as your website (which has nothing to do with bitcoin by the way) then the first thing you did was to fill your profile with a ton of links and then opened a trivial question here.
now lets see if you ever come back and read this comment (and answers to your question!) Smiley


Thanks All
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September 18, 2019, 01:45:59 PM
 #6

Read the market then go to its history chart then maybe you can find some clue.
But I doubt it will always be accurate.
The first thing you might read about Bitcoin or the word the embraces it is volatility.
We can just speculate but will never find the best answer.
The safest answer will be, every time is the right time to buy for it can increase in price anytime too.
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September 18, 2019, 02:32:25 PM
 #7

Every time is a great time to invest in Bitcoin because it is still increasing its price every year had past and we get to get another New all-time high every time it gets past its latest one, So in my opinion, even though we see that the price is pretty large at the moment just look at the future for bitcoin when it will get the latest all-time high, but still getting in a more smaller price just can get you saves an amount of money to invest, and if that is what you want then look for past movement and research on when will another downtrend will begin.
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September 18, 2019, 03:16:17 PM
 #8

I think it is no matter about time, what most important is you ready or not. If not ready, better to wait for cheap price if you can speculate when it is happen. If can't speculate but ready, just buy and hold. If not i think it is not bad to wait. At least when price down, you not lose your money. Or maybe learn about technical analysis first it is better than ask person's opinion that can cause you more confused.

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September 18, 2019, 03:22:19 PM
 #9

Maybe try to familiarize with cryptocurrency so you can distinguish when you can invest in a certain crypto. Anytime you can invest in bitcoin and anytime you can sell it. Right now, I keep on buying bitcoin and little by little I  can store huge amount of bitcoin on my wallet.
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September 18, 2019, 04:50:57 PM
 #10

~snipped~


I believed OP is well aware of BTC's potential. Might be confused on what price level should be entered.

Although I'm optimistic about bitcoin reaching our desired target price, I don't want to told OP or even anyone that "this is the right time" to put money on BTC. I want OP to make analyzations and conclusion on his own so that he will be comfortable on his actions and not just following other's suggestion.

Anyways, can you consider implementing crypto payments on your website? That would be nice.


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September 18, 2019, 05:32:39 PM
 #11

Hi All,

I am new here and i want to Is this right time to invest in Bit Coins.

Please assist me.

Thanks

TA aside, if you don't own any BTC you should seriously consider buying some. Philosophically because Bitcoin is freedom, and speculatively because they might be worth millions someday.

Now here are my thoughts on the technicals:
Mid/long term
Short term

Basically, I think there is room for a shakeout into the lower/mid-$9,000s or possibly even the $8,000s (unlikely) short term. Over the next several months though, I think price will ~ double from here to retest the 2017 ATH.

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September 18, 2019, 07:29:49 PM
 #12

Nope, you already missed the chance when no one is looking at it except for us who are already in have a position in the bear market. Now that Bitcoin is consolidating at this levels you now have to understand that this is not the perfect time to buy in because you really don't know if it will continue to go up in this level or go down. It's really a 50-50 chance and there is really no point in risking your money if you don't have a position already. Investing is not really about just holding it you always need to consider on how you can maximize your profit with your capital and have a margin of safety when entering the market. The margin of safety is also something you can't get at this stage because we already are consolidating.
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September 18, 2019, 07:57:30 PM
 #13

It's always a good time to buy some Bitcoin if you're planning on holding those coins for the longer term or trading those coins for the mid- to long-term, and if you're dollar cost averaging your entries, even better. You're definitely not too late to the party if you don't own any coins at this point in time, either. It's true that we could be seeing a breakdown in prices in the short and mid-term for various reasons based on TA, though this isn't a huge deal if you're not trading on leverage or in the shorter-term.
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September 18, 2019, 09:25:40 PM
 #14

Please assist me.
Since many have answered your question if it is the right time to buy bitcoin. I just want to remind you that be careful maybe there will be people that try to scam you by making it look that they are assisting you.

Use only legit websites and don't visit websites that you are not very familiar.  Buy on exchanges that are popular like coinbase, binance, kraken and other well known exchanges.

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September 18, 2019, 11:57:02 PM
 #15

There is never one certain time to hold Bitcoin, I'd tell you the same thing I'd say for alot of things which is to distribute your monthly income over much time not try to decide perfectly if today is the day to buy Bitcoin and hope it will just gain from here.
  Probably there is not one day we know Bitcoin rises, not even 1 week or month can we be sure.    Decide if you think Bitcoin is a valid market and product going forward, is it useful around the world will it be needed more or less.  If you like its prospects then buy some BTC every month for at least the next year and then keep coming back with that long term view to decide.
  Its a bad idea to try and buy a ticket where you gamble BTC just rises from here.    It works out badly because people make the mistake of selling if the price goes down 10% and that isnt a big move for BTC, so might see its down 10% but miss the bigger picture where it could gain 100% over the yearly view.    Its really easy to miss the bigger picture, when the price was low earlier this year there was alot more questions about selling and so the market is quite ironic in offering the most opportunity when we least expect it.    There was nobody a few years back telling us the price would be this high, giving perfect advice and so I dont expect anyone to know perfectly know what the future course is.
      I just see FIAT has many problems and an absence of solutions, this isnt the only path for value to flow but its likely a new sector so due to receive alot of growth.  Many private companies think the technology will be duplicated and utilized and there is nothing special about the particular brand that is BTC, so there is several questions to consider.

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September 19, 2019, 03:35:03 AM
 #16

Yes if you are new here and want to search
 information then many people will give advice to you,

For bitcoin investment right now is right because bitcoin is only for a long time the price is going down now and will go up later in the future.

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September 19, 2019, 05:58:39 AM
 #17

When i post this, bitcoin price get dumped. Maybe correction happen, if want to buy i think this time is good time. But if want to wait until it down again, it is ok. Just keep watch price of bitcoin i think there will be a big movement but don't know up or down. Hope people not panic because of this.

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September 19, 2019, 08:13:03 AM
 #18

Hi All,

I am new here and i want to Is this right time to invest in Bit Coins.

Please assist me.

Thanks


Yes, today will be the good time to buy bitcoin because the price is down too deep. You can buy bitcoin at $9k price level and there is a big chance for bitcoin to be back to $10k soon. If you don't want to miss the chance to buy bitcoin at now, you should buy directly at the market but don't use too big money because bitcoin can get down for more or even it will be back to the higher price.

If you can use 2 orders buy at the market, one for the price now but with a little amount, and two for the lower price than the price now, I think you will have a lower average price to buy bitcoin. You can divide the order buy into more than 2 order buy and that will depends on your money. Before you buy, I hope you already analyze the price and the trend so you don't make a wrong buy.
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September 19, 2019, 10:24:46 AM
 #19

There is some good move in price over the past week, and after a long the price of bitcoin have come down to $10000. Following this there is more chances for the price of bitcoin to go low, and if the resistance is maintained above $9500 we can expect sudden pump of price taking the value above $12000 at the shortest. Considering all these it is good to invest by now or wait for a while and make the investment.

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September 19, 2019, 02:49:35 PM
 #20

I believe today is a great day, you may not be sure about the other days but I am definitely sure about today, I even switch some of my savings to bitcoin (just a small number) because I really believe in today.

First of all altcoins made a profit just recently, then bitcoin dropped, now what we have in our hands is three options, either people will leave crypto for good, which is always an option and some people do it everyday, or people will switch from their altcoin profits back to bitcoin because it went low and will have a chance to go higher, or the last option is people will move more bitcoin towards altcoins because they saw people making profit and they want in as well. I feel like second option is the most common feeling in people and I will bet on that.

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September 19, 2019, 03:55:43 PM
 #21

It is the right time to right the wrong. It is Bitcoin. Dont divide it in two. Grin

Anytime. A volatile market is one of the best bitcoin feature when you do have knowledge about it. Somehow it could work with your way.

A little patience and some greedy moments can make you money.
Example is buying last year and then selling now. Or buy now then wait for the increase to happen again.
It could be anytime and no one knows the exact date of each movement.

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September 19, 2019, 05:31:09 PM
 #22

I am new here and i want to Is this right time to invest in Bit Coins.

Please assist me.
As a newbie, you need to understand that this forum has been existing for a very long time, making a new account, I understand you are also trying to get your rank up by making post, but there are some post that you should indirectly know would have been existing already like this one, so many people has in the past asked this question in which many people has also answered based on their own opinion, you should have just searched for this topic first before making a new one.

well not to waste your post, yes, this is the best time to invest in bitcoin because the value is still very low and there is going to be more increase in future, but when you invest now, don't be like these other investors that don't want to understand that bitcoin investment is a long term investment which will require it's of patience.

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September 20, 2019, 08:42:23 PM
 #23

My brotip:

If you choose to invest this is still a good time.

After the halving choose one of the following

- Path of the HODL. If you want to be in BTC for at least 5 years and want good returns. If so do nothing and sit back and enjoy the rollercoaster. Store BTC in cold wallet. You should remain in profit through the next bear cycle even if it drops from $70k back to $20k or so... you know you want that $1M so take it like a boss...

- Path of the BULL. If you want to maximize this wave you must leave when BTC goes vertical. This means when BTC grows like crazy and you at least doubled your money. BTC is going up $1000 a day and everyone wants in (that’s your cue). So get out before the big dump or after. Otherwise you are in the “path of the HODL” and will have to wait a few years or grab your losses. If you get out and want to buy in low again then wait,wait,wait until you get to the months of sideways like now and buy back in.

Then there are more advanced ways like using TA...

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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September 21, 2019, 01:34:03 PM
 #24

The only time when it didn't pay off ( in the short term) to invest in Bitcoin was in late December 2017 when the price hit ATH of $20 000. People who invest in a range from $14k up have not been able to make any profit so far, but if they hold that will change in the future.

Based on that, this is the right time to invest in Bitcoin because it is realistic to expect that the price will start to rise at some point. I think we are still in the accumulation period, and the situation is in a way the same as in the time while Bitcoin was at $1000. People are dreaming about $10 000, but many wait for some new drop to $200 to buy more.

Today $10k may seem expensive, but I find it quite a realistic price for something such unique as Bitcoin. We can look at it in a way that Bitcoin is gain $1000 for every year of its existence, which doesn't mean we have to wait next 90 years to reach $100k.

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September 23, 2019, 01:34:50 AM
 #25

Perfect timing as well, though not really good unlike the time it was only 200k now is already at 500k plus USD anyway, the price still cheap compared to its ATH so I think its okay, dont wait for the bottom price cause youll never know what price this will fly off and could surpass its ATH, at least you have some in youre purse when that time happens.

Lots of rumors say's more or less speculations that btc will hit 20k before this year ends. Lets just wait and see if its true.

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September 23, 2019, 04:25:16 PM
 #26

Looks like the price is under $10k last I checked, that means it is a great time to make another 5% to 10% profit once again, remember anytime bitcoin went under $10k and didn't went any further below it went up back above $10k once again which means price of bitcoin will definitely go up soon. That is why I have put all of my savings to bitcoin yesterday, it looked like a great idea and I am not sure if I will be happy at the end of this or sad but I know that I made my decision and will sell when it makes 5% profit (could make more but I don't want to risk too much).

Normally, I diversify my investments into many things but at the same time this was such a good price that I couldn't miss it so all my money is in bitcoin right now and waiting for it to go up.

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October 21, 2019, 08:11:39 AM
 #27

bitcoin will recover step by step , each time bitcoin drop in prices .bitcoin became strong and more stable
yes this is the right time for buying bitcoin  ,dont try to find the exact bottom . buy for long term this is my advice

for now, too I feel that it's good enough to have a lot of bitcoin. the price is currently not so high, and there are many news reports that the price of bitcoin will be quite high in the years to come, and some people think that bitcoin will exceed its ATH.
for now, waiting for a low price for bitcoin is a pretty good strategy, it's just that when you don't have good analytical skills, having bitcoin at the current price is right.
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October 21, 2019, 10:43:05 AM
 #28

Right now is the right time to invest in bitcoin because if not, when will you invest? As of now many people start doing investing in bitcoin simply because of the cheap price on the market and the current price of bitcoin is around 8000$+. You might regret if you're not going to invest in bitcoin and I know in the year 2020 or 2021 the price of bitcoin will step again in the price of 20000$. If I were you, I will not waste my time in nothing andI will just focus on investing in bitcoin.

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October 21, 2019, 11:24:20 AM
 #29

generally speaking people have been asking this same question for as long as bitcoin existed and even when its price was about $1, during big rises, during big falls, etc. and the answer to all of them is always the same YES. you can see that none of those short term fluctuations matter now that price is this high and the fluctuations of today won't matter in the near future either.

of course you always want to get the best price when you buy in, and since right now price is under the intrinsic value of bitcoin that means you are buying in a negative bubble at a discount.

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October 21, 2019, 03:35:00 PM
 #30

depending on you, I see BTC is building a strong foundation in terms of dealing with volatility, so that in the future BTC volatility will tend to decrease, but still included as an asset that is quite volatile. My prediction for this year, the price increase will be in the range of US $ 22,000, triggered by the many economic data in global countries such as Europe, America and Asia, which missed the consensus forecast of global economists.

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October 21, 2019, 03:46:55 PM
 #31

Is this right time to invest in Bitcoins

Answer is pretty simple.  Bitcoin price have little chances to go under $6000. We are now at $8000, so like 30% above that. You can gamble and try to get lower price sub $7000. But what if price never go that low? Will you just forget about Bitcoin then? Not care that one day will be worth a million?


Best to buy Bitcoin is every month a bit. Buy $100 a month ( I dont know your income. So you buy as much as you can normally afford). Do this for few years and then see what you did.
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October 21, 2019, 04:26:46 PM
 #32

Right now is the right time to invest in bitcoin because if not, when will you invest? As of now many people start doing investing in bitcoin simply because of the cheap price on the market and the current price of bitcoin is around 8000$+. You might regret if you're not going to invest in bitcoin and I know in the year 2020 or 2021 the price of bitcoin will step again in the price of 20000$. If I were you, I will not waste my time in nothing andI will just focus on investing in bitcoin.
Yeah, if you still looking for the right time to buy BTC then you are wasting your time as I consider right now to be the appropriate time to invest in BTC. Since the coin is still in a good price range of 8.1k$ and if you still wait for the price drop then you might even lose this opportunity also as I don't think that the price would follow a backtrack from here. Moreover, I believe that investing now would be a profitable deal since the next we are having 2020 halving and after that, the crypto could experience great inflation in the prices...

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October 21, 2019, 04:56:05 PM
 #33

Yes, it's a fine time. With a halving due in less than a year, I'd say the price stands a good chance of increasing in the medium term and BTC is highly expected to break through $ 9,000 at any given moment and $ 10,000 during the winter. the current rate is $ 8,000 - 8,300. Which means that within the next 3-4 months, you could easily gain 20-25%.

But nothing is a given and nothing is guaranteed. It can go the other way, although current volumes and price trend points strongly towards a bullish market ,meaning that BTC value is in a period of rising. And remember, when asking about price, time and strategy, you'll find plenty of opinions and very little in terms of technical arguments and nothing in terms of guarantees.
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October 23, 2019, 02:02:52 PM
 #34

Right now is the right time to invest in bitcoin because if not, when will you invest? As of now many people start doing investing in bitcoin simply because of the cheap price on the market and the current price of bitcoin is around 8000$+. You might regret if you're not going to invest in bitcoin and I know in the year 2020 or 2021 the price of bitcoin will step again in the price of 20000$. If I were you, I will not waste my time in nothing andI will just focus on investing in bitcoin.
Some of them are still lost in this believe that bitcoin will still drop to somewhere around $6000 and this is the news that has been making round the internet as regards bitcoin, and I don’t know why people are still not wise not to listen to some of these speculations as they have no strong fact that is backing it up.

That was exactly how some people lost out of buying bitcoin at $5000 when it suddenly made a drastic move towards there and many of them where speculating of bitcoin correcting back to $3000 and since then, they have all been waiting for bitcoin to drop down to that amount and never even got a chance to invest which I believe that these are still the group of people that are trying to create panic so that their dream can be achieved and people should be very careful falling into the trap, now is the best time to invest in bitcoin.

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October 23, 2019, 02:44:27 PM
 #35

Hi All,

I am new here and i want to Is this right time to invest in Bit Coins.

Please assist me.

Thanks

Each time we asked the same question and the answer remain the same that its good when you decide to invest in bitcoin when prices start to dump and then hodl until they rise to certian level to cash out profits.Now the prices are at $8.2k you can buy or wait for another correction because we will hit price surge by end of this year and will rise approximately to $12-$15k crossing $10000 zone.So invest in it before its get too late.
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October 23, 2019, 04:33:53 PM
 #36

Hi All,

I am new here and i want to Is this right time to invest in Bit Coins.

Please assist me.

Thanks

In my own opinion, evey time is the right time to invest in bitcoin because a lot of people have been given a great opportunity after they invest their money in bitcoin that they start earning huge profit from it, and they could now do the things that they didn't do before they invest their money in bitcoin. So you should invest before it's too late.
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October 23, 2019, 06:01:15 PM
 #37

Hi All,

I am new here and i want to Is this right time to invest in Bit Coins.

Please assist me.

Thanks

Each time we asked the same question and the answer remain the same that its good when you decide to invest in bitcoin when prices start to dump and then hodl until they rise to certian level to cash out profits.Now the prices are at $8.2k you can buy or wait for another correction because we will hit price surge by end of this year and will rise approximately to $12-$15k crossing $10000 zone.So invest in it before its get too late.
I think why a lot of people are asking the same question everytime when there is a price correction and it makes me think that they are not certain with what they just saw. Although if you are an old member here in the forum, you will know what is really happening in the market.

So for those who aren't so sure when to invest in Bitcoin must have to learn the basics first of trading. By doing that, you will know how the market moves and what are the reasons behind it by looking the news and articles.

3996
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October 23, 2019, 07:49:36 PM
 #38

If I were to make a prediction now based on the recent move I'd say we are at the bottom. If we go to 6k we'll break the long term trendline we've been following for years. This happening before the halving would be very strange. Since I always follow the news and the fundamentals and not the short term TA like traders I see value above 10k USD and this is where we should be sitting right now. 8-12 k would be very reasonable. 6k not so much. If you buy now you'll enjoy life next year.

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October 23, 2019, 08:01:37 PM
 #39

Hi All,

I am new here and i want to Is this right time to invest in Bit Coins.

Please assist me.

Thanks


I think that may depend on your plan whether are you buying bitcoin for long-term or short-time. If you are buying bitcoin for long-term you don't have to worry about the current bitcoin price since you are going to HODL for the long-term, you can buy bitcoin anytime. But if you are buying bitcoin for the short-term now is not a good time because the bitcoin price falling down, it is better to wait until January 2020.

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October 24, 2019, 08:11:52 AM
 #40

For now, is not appropriate if you want to choose a long-term investment. Because the current market is very bad.
Not just Bitcoin but altcoins also decreased and increased unconducive. For short-term do day trading to take profit.

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October 24, 2019, 08:49:07 AM
 #41

For now, is not appropriate if you want to choose a long-term investment. Because the current market is very bad.
Not just Bitcoin but altcoins also decreased and increased unconducive. For short-term do day trading to take profit.

altcoins have been "decreasing" for almost two years now and that is not going to change. in long term all of them get dumped hard. you should never even consider them as "investments" in first place.
as for bitcoin, the market is currently ONLY bad for day traders because they can not predict the SHORT TERM direction in which bitcoin may go not for "investors". for them it is the best time they can hope for to start investing in bitcoin because it is in a dip.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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October 26, 2019, 01:32:19 PM
 #42

For now, is not appropriate if you want to choose a long-term investment. Because the current market is very bad.
Not just Bitcoin but altcoins also decreased and increased unconducive. For short-term do day trading to take profit.

If you bought at the dip at $7.5k those past few days and have sold at $10k today then, it will be a big profit for you in just few days, and I am one of those who benefited from it. Bought some amount then sold when I wake up this morning, I earned $40, not big amount for others but for me a big help as I just did it in short term only.
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October 26, 2019, 02:10:27 PM
 #43

For now, is not appropriate if you want to choose a long-term investment. Because the current market is very bad.
Not just Bitcoin but altcoins also decreased and increased unconducive. For short-term do day trading to take profit.

If you bought at the dip at $7.5k those past few days and have sold at $10k today then, it will be a big profit for you in just few days, and I am one of those who benefited from it. Bought some amount then sold when I wake up this morning, I earned $40, not big amount for others but for me a big help as I just did it in short term only.
Yeah, it was just two days back when the price was below 7.5k$ and today it managed to reach 10K$. I personally feel the good times for the crypto are coming and if you are thinking to make a purchase then don't delay any further as I don't think the price would decline any further from here. However, it is still quite hard to assume whether it is the beginning of a bull run or just another short-termed rally...

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October 26, 2019, 02:31:21 PM
 #44

For now, is not appropriate if you want to choose a long-term investment. Because the current market is very bad.
Not just Bitcoin but altcoins also decreased and increased unconducive. For short-term do day trading to take profit.

If you bought at the dip at $7.5k those past few days and have sold at $10k today then, it will be a big profit for you in just few days, and I am one of those who benefited from it. Bought some amount then sold when I wake up this morning, I earned $40, not big amount for others but for me a big help as I just did it in short term only.

$40 is not a small amount for overnight profit and I believe it's good for short term profit. This is not an appropriate time for even short term trading in my point of view as it's too volatile and only the market research or cautiousness cannot help us here as we need little bit stability to jump in. But we an definitely consider these market situation best suitable for risk investment as there are chances of more profit only if you are willing to take risk.

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October 27, 2019, 04:59:28 PM
 #45

For now, is not appropriate if you want to choose a long-term investment. Because the current market is very bad.
Not just Bitcoin but altcoins also decreased and increased unconducive. For short-term do day trading to take profit.

If you bought at the dip at $7.5k those past few days and have sold at $10k today then, it will be a big profit for you in just few days, and I am one of those who benefited from it. Bought some amount then sold when I wake up this morning, I earned $40, not big amount for others but for me a big help as I just did it in short term only.
Yeah, it was just two days back when the price was below 7.5k$ and today it managed to reach 10K$. I personally feel the good times for the crypto are coming and if you are thinking to make a purchase then don't delay any further as I don't think the price would decline any further from here. However, it is still quite hard to assume whether it is the beginning of a bull run or just another short-termed rally...
Right now is very difficult to know what we should do, it is easy to think the price will continue to go up and that is a strong possibility but when you begin to think about what could have caused such a fast recovery in the price I do not find a reason, and it is entirely possible the price could go down as fast as it went up, personally I would prefer to see the market growing slowly and in a constant way to avoid any future crashes but it seems this market is destined to go through periods of pump and dumps like right now.
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October 27, 2019, 05:46:35 PM
 #46

Right now is very difficult to know what we should do, it is easy to think the price will continue to go up and that is a strong possibility but when you begin to think about what could have caused such a fast recovery in the price I do not find a reason, and it is entirely possible the price could go down as fast as it went up, personally I would prefer to see the market growing slowly and in a constant way to avoid any future crashes but it seems this market is destined to go through periods of pump and dumps like right now.
With the coin's sudden hype people are still hesitant to make up any further investment in the coin as many are considering this to be just a temporary pump. But I believe the price from here will continue to grow and we can expect a major rally hitting the market before the year's end. So, I think it would be a smart to invest in it right now as next year we are also having the BTC halving and the price would be sky-rocketed after that...

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October 27, 2019, 05:52:05 PM
 #47

Bitcoins (FTFY, it's one word)
Thank you for saying that.  It's a mistake that not even a newbie should make.

With the coin's sudden hype people are still hesitant to make up any further investment in the coin as many are considering this to be just a temporary pump.
That might well be true, but bitcoin is now at $9600 and that's even higher than it was yesterday.  Might be a touch of FOMO going on here so traders are obviously buying and they should.  The second to last time that bitcoin was above $10,000 I kept telling myself that every time it dropped below that point it was a good time to buy in and I still think I'm correct. 

I couldn't say for sure that the market is going to surge above that level tomorrow or the next day, but it's coming.  It was a good time to buy bitcoin when op started this thread and it's still a good time now.
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October 27, 2019, 06:07:25 PM
 #48

For now, is not appropriate if you want to choose a long-term investment. Because the current market is very bad.
Not just Bitcoin but altcoins also decreased and increased unconducive. For short-term do day trading to take profit.
If you are looking to profit in any market you are bound to invest when the market is going down and not when the market is moving higher and hence i did not understand what you mean by the market is bad when the price is hovering above $9k, day trading is profitable if you are an expert in the market and you employ bots to monitor the market situation, if not you are not going to make any money in the short term.
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October 28, 2019, 04:41:15 AM
 #49

There are a strong prediction and rumor that Bitcoin will hit 11K USD this time, so, you may buy Bitcoin at this current price if you haven't yet! Bitcoin has much good news, more big people involving it. So, buying Bitcoin is the best decision in crypto!

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October 28, 2019, 11:37:48 AM
 #50

There are a strong prediction and rumor that Bitcoin will hit 11K USD this time, so, you may buy Bitcoin at this current price if you haven't yet! Bitcoin has much good news, more big people involving it. So, buying Bitcoin is the best decision in crypto!
I think no one is said it will hit 11k USD on this bull run, because they ask 40 days before and they understand the market stability. Bitcoin is a forever trusted crypto currency so anyone can buy and hold for long term because it makes unexpected profit. Majority of the beginners are still interested in BTC investment so it will cross the 11k USD at upcoming months.

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October 28, 2019, 01:10:01 PM
 #51

Hi All,

I am new here and i want to Is this right time to invest in Bit Coins.

Please assist me.

Thanks

Markets are uncertain especially the crypto market ranks on top when it comes to volatility. No one can really tell you when is the right time to invest in BTC but I think that one right time to invest in BTC was 9 years ago and the other best is now. This now is constant even if you read this post in future. It's because BTC is very useful by bringing enhanced security and transmission of funds over distances. This utility along with it's limited supply will always be boosting it's price further up. But as this market is very volatile and I would say insecure you should only invest what you can afford to lose and nothing more than that.
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October 31, 2019, 06:40:20 PM
 #52

There are a strong prediction and rumor that Bitcoin will hit 11K USD this time, so, you may buy Bitcoin at this current price if you haven't yet! Bitcoin has much good news, more big people involving it. So, buying Bitcoin is the best decision in crypto!
That is yet to be seen, the sudden growth of bitcoin took everyone by surprise and while the price was close to hit 11,000 dollars we have yet to see a close price above 10,000 this may not seem like a big deal but it is, 10,000 dollars is a great psychological barrier, if bitcoin is unable to break it during the next days you can be sure the price will go down and will return to a price close to 8000 but if we can go above that price then 11,000 could be easily surpassed.
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