Good or bad plan?

[Chuky92]

One of the Important things worth knowing about Bitcoin is that, it is a very good coin which have a very high possiblity of growth than other coins, that is, once there is a bull run it mostly starts with Bitcoin. Therefore in my own opinion, if one aren't in a haste, buying or holding Bitcoin doesn't have a bad time since once there is a favourable market it will still grow; this is entirely different from most altcoins we have today. Lastly, although the effect of this virus is seen on the crypto market, but holding coins like BTC, ETH will always come to mind and worths it.

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[dserrano11]

I think when Bitcoin's bull run leveled off, that's when an altcoin season began. So right now, I'm considering buying and holding some of the top altcoins like ETH or XRP. I don't expect my profits to be as high as 2017-2018 but at least I hope it will help me improve the economic part that I've lost since the end of 2019 to now.

[b1k4ng]

bitcoin price is not because coronavirus and crypto are not related to coronavirus so don't blame coronavirus if there is a dump or pump in bitcoin. If you want to buy bitcoin then buy it now without having to say much about coronavirus

[havoc928]

I think when Bitcoin's bull run leveled off, that's when an altcoin season began. So right now, I'm considering buying and holding some of the top altcoins like ETH or XRP. I don't expect my profits to be as high as 2017-2018 but at least I hope it will help me improve the economic part that I've lost since the end of 2019 to now.

That's a trap, don't try to buy any coins now. The market is at a very sensitive point and BTC has not passed the $ 10k5 mark yet and we still have not identified the market as uptrend. Although BTC dominance is very high, buying alts now is quite risky, it may drop sharply in the next 1-3 weeks. Please be patient, do not invest such risks at this time.

[DDante]

It's a very bad timing to venture into altcoin investment right now, coming weeks the market will be in deep red and that will be the right time to buy altcoins, those who took advantage in March when bitcoin dropped to 4k make big profit days back before halving, play smart

[Krabby]

Are we at the bitcoin bottom already? Ethereum falls pretty hard today just because Bitcoin hit 9110$, is this just a correction or the coronavirus at play again? I'm thinking about buying back BTC right now

Well now $ 9100 is the peak of Bitcoin. We can never know the future of this market, so never invest in suggestions from others. Focus on researching and investing your own way

[andycarrol]

Are we at the bitcoin bottom already? Ethereum falls pretty hard today just because Bitcoin hit 9110$, is this just a correction or the coronavirus at play again? I'm thinking about buying back BTC right now

Well now $ 9100 is the peak of Bitcoin. We can never know the future of this market, so never invest in suggestions from others. Focus on researching and investing your own way

bitcoin prices have started to show very fast price movements sometimes this can trigger whales and investors to enter to buy bitcoin again and there will likely be a bull run at the end of this year as happened in 2017, at least there must be preparation to be able to get a lot profit from bitcoin.

[Golftech]

It's a very bad timing to venture into altcoin investment right now, coming weeks the market will be in deep red and that will be the right time to buy altcoins, those who took advantage in March when bitcoin dropped to 4k make big profit days back before halving, play smart

Timing really pays you up, its very important to assess before taking your position. Maybe if you are planning to hold for long term and you are really sure with your research investing will not be a problem. Do your part and observe how the market will go and act according to how you understand.
Be careful and always have a long patience to avoid making restless decisions.

[leea-1334]

That's a trap, don't try to buy any coins now. The market is at a very sensitive point and BTC has not passed the $ 10k5 mark yet and we still have not identified the market as uptrend. Although BTC dominance is very high, buying alts now is quite risky, it may drop sharply in the next 1-3 weeks. Please be patient, do not invest such risks at this time.

Well, unless you are just a normal practitioner of average cost buying,,, in which case you just keep buying all the time regardless of the price! Personally, if you are also a long term holder, now is really a better time to buy than when the rally will begin. Bull trap does not matter in the big picture.

[Kez1817]

Are we at the bitcoin bottom already? Ethereum falls pretty hard today just because Bitcoin hit 9110$, is this just a correction or the coronavirus at play again? I'm thinking about buying back BTC right now

Bitcoin halving already over but if we look at the trend now,it is still uptrend but in a very sensitive.If you want to buy at this time ,make sure that you study the market movement very well.But if you know how to trade and play the market then there is no reason not to buy.After all it is still your decision if you are a risk taker and can afford to buy at this current  market movement.

[Jateng]

You should detemine first the right entry if you want to buy. Some says that it will dump but most of them said that it will continue to pump. If your thinking for long term investment, you can buy anytime right now. If you have plans that are already set then stick to it. No one will stop you, and its our own opinions and predictions. If BTC bull run will happen soon, I'm sure most of other coins will also pump so don't forget them. Just imagine the previlege to take if you own atleast 1BTC in the whole world

[DabsPoorVersion]

If you bought btc last march, that is a good buy,

Its price drop below $5k, but right now, it's hard to determine if it is good or not. The market seems to be stable right now, and that makes it hard for every investor to decide because it has the possibility for a sudden drop sooner or later.

[BitcoinTurk]

Are we at the bitcoin bottom already? Ethereum falls pretty hard today just because Bitcoin hit 9110$, is this just a correction or the coronavirus at play again? I'm thinking about buying back BTC right now

It should be remembered that although many investors think there is a buying opportunity for Bitcoin and the market orientation in general is this way, there may be a possible surprise or shaking movement. It should be well known that prices never move in the direction of the market, so there is a possibility that the price may make sudden and hard breaks in the process that everyone expects to increase. On the other hand, due to bad economic conditions, a possible sales wave may occur and price declines may occur. My personal opinion is that the market will rise for a while because there is high demand, but I have not made a definite purchase decision. I am thinking of making gradual purchases in the coming days depending on the fluctuation of the prices.

[torrantz]

Are we at the bitcoin bottom already? Ethereum falls pretty hard today just because Bitcoin hit 9110$, is this just a correction or the coronavirus at play again? I'm thinking about buying back BTC right now

Well now $ 9100 is the peak of Bitcoin. We can never know the future of this market, so never invest in suggestions from others. Focus on researching and investing your own way

It's not the peak price of bitcoin and almost 10k should be the peak price of bitcoin. If the market was going in the bullish trend without any correction and we can predict the market will face another correction soon.
The decision will be going back to the OP.

[Twinkledoe]

From the time the OP posted this thread, btc was $9110 at that time, and checking the price right now at coindesk, it is $9122. So it just shows that even if the OP decided to hodl despite of this crisis, he won't regret as the price is a lil bit above than the price at the time of his writing. And I am more than positive that this will still go up in the next coming days.

[Midy]

Are we at the bitcoin bottom already? Ethereum falls pretty hard today just because Bitcoin hit 9110$, is this just a correction or the coronavirus at play again? I'm thinking about buying back BTC right now

I think this is quite influential by Covid-19, because traders sell their assets to meet their daily needs
we hope covid-19 will disappear and crypto conditions can return to normal as before 2017-2019, and my advice is better to hold your assets for a while

[BitcoinTurk]

From the time the OP posted this thread, btc was $9110 at that time, and checking the price right now at coindesk, it is $9122. So it just shows that even if the OP decided to hodl despite of this crisis, he won't regret as the price is a lil bit above than the price at the time of his writing. And I am more than positive that this will still go up in the next coming days.

To make a short-term comment, there is a chance to buy at the $9110 levels you mentioned again with the next price correction. Of course, this is only one possibility, and with a possible uptrend, we are unable to see this price level again. For this reason, I recommend that investors who want to buy and sell in the short term should buy gradually. Users who want to invest in medium or long term can expect a new price correction or can buy gradually from these price levels in order to be comfortable with them. It would not be correct to evaluate the price only positively or only negatively.

[TheICE007]

As at the time you posted this as all time low, it was around 9k$ ,but funny enough it fell to as low as $3800 but then bitcoin is one asset that when ever you decide to buy,you can always make profit, just don't rush it,look for a good entry and you are good to go. It's alway a good plan to hold some BTC and to know when to take profit.

[Drai]

As at the time you posted this as all time low, it was around 9k$ ,but funny enough it fell to as low as $3800 but then bitcoin is one asset that when ever you decide to buy,you can always make profit, just don't rush it,look for a good entry and you are good to go. It's alway a good plan to hold some BTC and to know when to take profit.

Exactly! From February 26th to now, Bitcoin had a high dump and pump both! 3800$ was like an accident or an opportunity for the buyers, and that was for a very limited time! You are right that holding bitcoin is always a good idea but i won't say buying bitcoin is a good idea all the time! If bitcoin at a high price then there will be dump surely, so wait for the dump and buy at a low price!

[ethereumhunter]

Are we at the bitcoin bottom already? Ethereum falls pretty hard today just because Bitcoin hit 9110$, is this just a correction or the coronavirus at play again? I'm thinking about buying back BTC right now

Well now $ 9100 is the peak of Bitcoin. We can never know the future of this market, so never invest in suggestions from others. Focus on researching and investing your own way

bitcoin prices have started to show very fast price movements sometimes this can trigger whales and investors to enter to buy bitcoin again and there will likely be a bull run at the end of this year as happened in 2017, at least there must be preparation to be able to get a lot profit from bitcoin.

I wish that after this, bitcoin price can still increase so high. If the price cannot rise so high, maybe the price can stable first at the $9,500 range of the price, and if the correction is happening, the price is down to $9,300 and not go down too deep. Investing in bitcoin can be a good plan as we can hope that bitcoin price can rise higher than the price now in the future, so it will enough if we only invest in bitcoin.