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Anonylz
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September 02, 2020, 05:43:00 PM |
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What makes you think that the market will crash, and if it will crash how low will it go! If you are able to have this answers then maybe you can wait for the market to crash before investing otherwise I don't see why not, going by the predictions made about btc price it is very possible the price will go even higher in near future, so you can wait or buy now.
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CarnagexD
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September 02, 2020, 05:56:31 PM |
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I think if you are a big investor you can invest here anytime. Problem is maximum here for short time invest high dividends.
I must agree, if you are a holder then you can't lose when you don't sell with negative gains. The only time investors and traders lose is when they sell, that might be the biggest enemy of being an investor and trader not just with bitcoin but with every coin in the market. If you want to make money with bitcoin these days, I must suggests you the leverage trading with bitcoin where you don't really trade bitcoin instead you're trading a contract. Binance or Bitmex is great platform for these OP. But actually crypto investment is not like that as this market is very much fluctuating. Here you have to invest for long term plan so that if market dump any time you can wait. Only think onetime how market pump from 4k$ to 12k$ so when market come dump and you sell all your holdings by upset you will be loser.
It is all time given that the market is moving sideways every time, this is why holding will never let anyone lose especially with bitcoin. But this does not mean that you can just inject anytime of the day, try to study first the data for a week or month so you can have the lowest price possible for a maximize profit. |
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Renampun
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September 02, 2020, 06:09:20 PM |
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for me, it's still good to buy Bitcoin at the current price...
of course, no one will know about the change in the price of Bitcoin in the next few years but many predictions say that Bitcoin will pass $ 20k. currently, Bitcoin hasn't broken the $ 12k wall yet, so I think investing in Bitcoin is still very good at its current price.
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SomeJasonGuy
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September 02, 2020, 06:20:22 PM |
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It depends on what your investment timeframe is. How long do you want to be invested in it? If it's just for a quick buck then maybe a price above 12k may be too high and you should wait for a decent pullback to around 11k. But that being said, there's no good or bad time to invest in bitcoin. A pretty safe way to go about it would be to stay invested for a few years at least.
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rodskee
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September 02, 2020, 06:26:18 PM |
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What makes you think that the market will crash, and if it will crash how low will it go! If you are able to have this answers then maybe you can wait for the market to crash before investing otherwise I don't see why not, going by the predictions made about btc price it is very possible the price will go even higher in near future, so you can wait or buy now.
Because of the volatilities there's nothing we can do but to anticipate and analyze things according to our own perceptions, reading opinions and taking advises is not bad but make sure to build a strong foundation with your own knowledge and take everything as basis before deciding your positions.
for me, it's still good to buy Bitcoin at the current price...
of course, no one will know about the change in the price of Bitcoin in the next few years but many predictions say that Bitcoin will pass $ 20k. currently, Bitcoin hasn't broken the $ 12k wall yet, so I think investing in Bitcoin is still very good at its current price.
Most of the opinions after the halving pointing bitcoin to rise up, there's a high chance that we will experienced again the bull that we seen from the last ATH We can't be sure but there's nothing to be worried if you are looking for long term engagements, let the ups and down to happened just keep holding your assets. |
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The Cryptovator
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September 02, 2020, 06:30:53 PM |
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Each user has their own opinion, so they will suggest based on it. But you are the one who is going to invest and you have to do your own diligence before putting your money on Bitcoin. We don't know exactly if bitcoin will dump or pump, so waiting for it doesn't make sense. Based on my experience buy bitcoin above $10K is quite risky for now, but if you are a long time holder then it would be fine. Because you are buying Bitcoin, not USD. So your bitcoin will exist for you forever, and somedays we can expect a good return just a matter of time. So take your own decision since we aren't your legal advisor. You have to carry losses or profits.
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Oceat
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September 02, 2020, 06:31:56 PM |
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It's been a question in the past already, a lot of newbies been asking this since the time they saw Bitcoin rise up and break a new ATH. The same answer that you will get is that there's no right or wrong time to invest as long as you know how to sell higher than what you pay when you buy. If you sell it lower than what you pay, then you are at lose already.
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Cryptocurrency Hunter
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September 02, 2020, 07:53:32 PM |
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Investing with Bitcoin is right in every respect. Bitcoin is constantly growing itself and realizing this growth continuously. Therefore, I think the later the investment is made, the more we lose. In order not to lose, we should invest every day and multiply the Bitcoins we have every day.
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thesmallgod
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September 02, 2020, 08:07:13 PM |
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You do not know if the price will crash or fall and that is the reason why it is very difficult to predict the price. However as regard to investing, I most time convert my bitcoin to stablecoin and do daily trading on binance with bitcoin or ethereum pegged with the stable coin. If you wanna join the current trends of investing in defi token, then I will suggest you take bitcoin and trade it for usdt before start trading but do not forget crypto is very volatile. Anything can happen
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Hypnosis00
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September 02, 2020, 11:14:19 PM |
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I'm not saying that the current market price is good for investment considering that the price is moving high already but if you think that Bullrun is coming soon, then not waste your time and take the risk. Because if you are asking about the perfect time for investment? Investing crypto during the bear season is near to that but buying it today is of higher risk.
Well, I'm not discouraging you but I was telling the possible thing it happens you and losing is of higher percentage at this current position unless if your intention is for long-term investment.
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Sadlife
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September 02, 2020, 11:40:17 PM |
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If you're looking for a short term investment then you'll surely lose. According to Plan B, if you read the stock to flow model. Bitcoin is following a certain pattern which requires a lot of patience to hodl your Crypto tokens. The short term price volatility is nothing, what you have to look for is a long term perspective, in order to actually gain a lot of profits.
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kawetsriyanto
Legendary
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Merit: 1086
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September 02, 2020, 11:49:39 PM |
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You can answer it yourself if you have already had enough knowledge to predict the potential move on the crypto market. Indeed you can't read the future, but you may know the possibility with a certain strategy or analyzing the signs based on your experience. At least, you know the basic things to predict the possible move on the crypto market like "technical analysis", "fundamental analysis", and "sentimental analysis". DWYOR Read: https://cointelegraph.com/explained/how-to-predict-crypto-price-trends-explained |
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MCobian
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September 02, 2020, 11:53:49 PM |
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The lesson I can take when investing in Bitcoin is never to delay buying Bitcoin. Because based on my experience, sometimes waiting
for the Bitcoin price to crash takes a long time. It could also be that the Bitcoin price goes up and makes us FOMO in the end makes us
buy Bitcoin at the top price. So there is no need to hesitate to buy Bitcoin now, especially based on my analysis of the price of Bitcoin
already at a low price. The current price of $ 11,400 is a good support price for buying Bitcoin at that price.
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TGD
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September 02, 2020, 11:54:46 PM |
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You cannot predict the future so you need to trust what your gut are telling you.. If you think bitcoin can still growing then i honestly will buy it if i confident it will still can be pumping if not i will just wait for bitcoin to crash back. We all dont know what will happen. Just time can tell us.
It will be good if OP will be able to decide for himself as it is his own money at risk. Many already give their thoughts about it. OP can monitor the price in a week or days maybe since there were a day mostly that the price will up and then will go down but doesn't mean it's a crash just waiting a little bit for a price to atleast decrease. |
Don't mind me | Just checking out here for Duelbits Promotion | Bitcoin 1M | Duelbits no 1 |
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josephinerosdy
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September 03, 2020, 12:47:04 AM |
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I will definitely wait when bitcoin crashes, but it depends on each individual because they have different investment plans such as long-term investments and short-term investments. and there is no guarantee that bitcoin will reach 20K like the previous record
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lienfaye
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September 03, 2020, 01:06:27 AM |
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The best time to buy is when the price decline. So therefore its much wiser if you wait a bit until the price crash (well for holders who already bought btc we are not hoping for it to happen).
However it depends on your strategy when you buy. If you're planning to hold for long period then the price is not necessary to be in dip since we are not certain for the future price, it can go higher than the value you buy it. But if you will trade it for short term then the best time is to buy when the price is in dip.
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Kemarit
Legendary
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Activity: 3080
Merit: 1353
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September 03, 2020, 01:32:03 AM |
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Well the last great opportunity was during the pandemic scare, when the price goes on a massive -50% pulling the price to $3000. And think about it, if you have invested that time then you are almost 4x already. But what if the price goes on to six digits in the future? so you can still make like 10x, right?
So it really up to your risk aversion, really hard to give financial advise, as we really don't know what the future holds. So everyone should weight everything, before putting their money, not just on bitcoin, but on all investments that we enter.
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cryptoaddictchie
Legendary
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Activity: 2072
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September 03, 2020, 01:43:29 AM |
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I will definitely wait when bitcoin crashes, but it depends on each individual because they have different investment plans such as long-term investments and short-term investments. and there is no guarantee that bitcoin will reach 20K like the previous record
We dont know if the market will crash even below 10k but lets see. We arent sure whether the bull horn will hit. It could be a one straight fly and never looked back. Its important to constantly monitor the market to see what would be the course of action. I am still holding some bitcoin on my asset and waiting for a good run on it. Of course I set aside my short term trading budget for that. |
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roadrunnerjaiv2025
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September 03, 2020, 02:36:09 AM |
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Two things anyone thinking of trying cryptocurrency should know before going for it--1.) It's a risky form of investment, and 2.) It's not created to make you rich. By knowing that it's risky, you'll be cautious and you'll invest time and effort to understand it. By knowing that it's not created to make you rich, you'll approach it with a different perspective, and that leads you in the right direction. One of the most common lines I read and hear about investing in cryptocurrency is "invest only what you can afford to lose", which works on all kinds of investment, not just crypto. Therefore, your success in cryptocurrency depends on how you manage the risks surrounding it. Accumulating knowledge can help you make the right decisions.
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cheezcarls
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September 03, 2020, 02:53:16 AM |
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It depends on your instincts. There is no such thing as guarantees for profits whatever price we set to buy Bitcoin. Risk management is something that we have to be equipped all the time in case something happens to the price of Bitcoin. It's your own funds, so you always have the final say if you want to invest at that price.
A few months back, my long time friend inquired to me about investing in Bitcoin. I usually gave him advice to research and study Bitcoin first before making a decision and the risks that he is about to face. He is aware about risks and he decided to buy Bitcoin at a specific price. Good thing that he's lucky, as he made some good ol' profit, cashing them out and leaving back his capital.
However, he's lucky again because the price went skyrocket once again, and decided to sell all of it. After all, we are just here to give some friendly advice, but only the one who wants to risk has the final word because it's his or her money.
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