Can i Bitcoin or not

[djsugar]

Never invest when the market is going up as what was happening till $8500. Always wait for the correction which takes place sooner or later. Buy at a strong support after it gets tested for sometime. Decide your entry. This is really crucial to trading. Another important factor is that you should plan your stop loss wisely. If you are in for long term, you can keep a bigger risk margin but a tighter stop loss would be a good idea in case of short term trading.

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[perla]

I realy want to buy Bitcoin i have 5000$ give good idea plz

$5000 is a lot of money (for me) if i be you i will make sure first i know what risk to make investment in bitcoin. And then i will decide to keep continue or not. If you ask people's suggestion, you will be more confused because you will only see people say buy or not only. But wouldn't tell you if you have possibility to lose your investment if bitcoin get dumped.

[Rafiqul]

I realy want to buy Bitcoin i have 5000$ give good idea plz

The price of bitcoin is cheap now. If you want to buy bitcoin firstly you can signup an account a reputable exchanges like binance..etc. Keep your account's passward safely, don't share others peoples.

[Wipeout2097]

If you are buying BTC its great decision,But review here is that amount you afford to hold for long run or if lost? Have you selected a real legit platform to secure your BTC. If answer is yes then go with it and you will get amazing results after couple of years.

Further suggestion is that if want to hold must go with staking of stable coins it will give you Upto 14% ROI. When you feel the BTC is on peak and your target price here just quit the staking.

[Eugenar]

If you are buying BTC its great decision,But review here is that amount you afford to hold for long run or if lost? Have you selected a real legit platform to secure your BTC. If answer is yes then go with it and you will get amazing results after couple of years.

Further suggestion is that if want to hold must go with staking of stable coins it will give you Upto 14% ROI. When you feel the BTC is on peak and your target price here just quit the staking.

If you are pertaining to some exchanges, or in safer ways, online cryptocurrency wallet that will help you hodl your BTC, then try to consider buying some hardware tools which really help you secure your funds such as a ledger nano which is considerably cheap and easy to use. I see, OP you have allot to earn in cryptocurrency and this will be the best tool for you to secure your funds aside from directly investing it to some exchanges where the rate of hacking is high. Though, I cannot guarantee you ROI with this, though, you need to accept the risk with cryptocurrencies extreme volatility.

[Polar91]

I realy want to buy Bitcoin i have 5000$ give good idea plz

The price of bitcoin is cheap now. If you want to buy bitcoin firstly you can signup an account a reputable exchanges like binance..etc. Keep your account's passward safely, don't share others peoples.

Another possible way to make investment in bitcoin and for you not to worry is to try to split your 5k dollar USD and invest it to bitcoin in different times, such as weekly, or even per month, just to make sure that you are diversifying your investment to hit high market price, medium, and low. Which turns out to be fair for you and you being in the median. Because allot of newbies are investing in just one time, and when their money didn't grow, they became frustrated. So to avoid this, diversification of investment is needed.

[CarnagexD]

At 6700, bitcoin was at its strongest support. Bitcoin was expected to jump up from that and that's exactly what happened. Now we need to look at 7500. If that resistance gets breached, you can go long as 9500 can be expected after that. But still i would suggest you to stay away of btc until 7500 is breached because from here bull have to build the momentum as bears are weak at this point. But if bulls fail, then you can expect sub 5k levels in next few weeks. At that time playing short would be the best option.

Put simply, at this moment bitcoin is the best cryptocurrency to invest on because of it's increase rate and how established it is compared to other cryptocurrencies in the market. Nevertheless, I would highly suggest you take on the path on investing in bitcoin by yourself and take minimal instruction from others because what might work for us might not work for you. It's too risky to put $5000 on the line.

[Ashong Salonga]

I realy want to buy Bitcoin i have 5000$ give good idea plz

Since you already have the budget to be able to purchase Bitcoin, the you can do it anytime even if it is on a downfall or the rising part because Bitcoin price is that volatile and because of that, its price can change in any single moment of time added by the fact that ampjg the other existing cryptocurrencies, Bitcoin play the role of being the most potential cryptocurrency on my point of view. Since you have the money to afford buying Bitcoin, then it is now your chance to seek for the best exchange to put up your money and get into trading USD for BTC. This will serve as your starting point of platform to start up your journey getting into the world of cryptocurrencies. After doing such, it will also be good to see if you will like Altcoins as well but if not, it is already good to stick into Bitcoin itself just assure that you have chosen the best exchange of your preference and an online wallet or hardware wallet as well to store up your asset.