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Author Topic: Is it alright to invest with bitcoin at the current market price?  (Read 1123 times)
Inkdatar
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September 06, 2020, 11:33:32 PM
 #81

The price of bitcoin is really volatile and we're not so sure anyone rather if what price of bitcoin could reach this time. If you are decided to invest for long term you can make some investment and also never buy if you cannot afford to lose and cannot take the risks. Just invest on your extra money as we don't know when is the price could continue increase to take profit.
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Golftech
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September 07, 2020, 01:33:34 AM
 #82

you dont have to wait long because now we are in at least middle value,$10,000 level is good enough to invest .
Buy as long as you can afford because the next good thing will soon come.
and all our investment will make sense as the pandemic is nearly ending also.

But remember,Invest only the amount in which Ok for you to lose or to wait longer in case things go other side.
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September 20, 2020, 05:24:24 PM
 #83

With current macroeconomic perspective in the whole world, my view is that crypto currencies might gain popularity and with it, increase in price. But, nobody can guarantee that in few years these currencies will still be on the market.
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September 20, 2020, 06:59:53 PM
 #84

With current macroeconomic perspective in the whole world, my view is that crypto currencies might gain popularity and with it, increase in price. But, nobody can guarantee that in few years these currencies will still be on the market.

This is just being optimistic when it comes to Bitcoin's development or rather pure speculation, gaining popularity isn't really that straightforward when it comes to the current conditions on what we have now. I'm speaking about the pandemic and how it will change things around it, now people are promoting contactless ways of paying but they aren't promoting new ways like cryptocurrencies but rather the existing ones like credit cards, digital fiat wallets, and tap n go types of fiat based cards but nothing about cryptocurrencies as of now. So if we look at the current price of Bitcoin now and for an eye of an investor I don't think it is an attractive or a smart kind of buy specially when you won't have any kind of margin of safety with the position you will have.
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September 29, 2020, 05:22:13 AM
 #85

With current macroeconomic perspective in the whole world, my view is that crypto currencies might gain popularity and with it, increase in price. But, nobody can guarantee that in few years these currencies will still be on the market.

Every time is perfect for the investment in cryptocurrency, especially in bitcoins.
Right now bitcoin is getting increase every day. Most people wait for the price to get lower to buy more bitcoins.
I think it's a perfect time now. The price is pretty much low as compared to the last month's price. Just don't do panic sell otherwise you'll lose your cash
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September 29, 2020, 04:02:46 PM
 #86

By the time the thread has got started the price of bitcoin was found to be close to $12000. Investing with bitcoins is always the right thing, but the market won't move as we think. We need to be prepared enough to make changes to our portfolio and holding accordingly. The market value has fallen in between and now it is close to $10750. So, the price isn't the factor when you think of investing. Invest when the market price is low, this is commonly practiced.
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September 29, 2020, 10:34:41 PM
 #87

With current macroeconomic perspective in the whole world, my view is that crypto currencies might gain popularity and with it, increase in price. But, nobody can guarantee that in few years these currencies will still be on the market.

Every time is perfect for the investment in cryptocurrency, especially in bitcoins.
Right now bitcoin is getting increase every day. Most people wait for the price to get lower to buy more bitcoins.
I think it's a perfect time now. The price is pretty much low as compared to the last month's price. Just don't do panic sell otherwise you'll lose your cash

How you do consider a perfect time? Is always been a question on when to buy on where people cant just determine if the price wont go down as they purchased but somehow if a certain investor do only cares for long term aspect then he wont really matter most on when he did get in since he do aim for future years which it can somewhat assure that there would be some gain basing off on bitcoins potential.
Its up to someones choice if he would neither buy or not on the current time.There are lots of technicals that do shows off the ideal level for you to get in specially if you make active trades.
Actions will be made basing off on your target or goal when it comes to profitability.

R


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September 29, 2020, 11:31:28 PM
 #88

With current macroeconomic perspective in the whole world, my view is that crypto currencies might gain popularity and with it, increase in price. But, nobody can guarantee that in few years these currencies will still be on the market.

Every time is perfect for the investment in cryptocurrency, especially in bitcoins.
Right now bitcoin is getting increase every day. Most people wait for the price to get lower to buy more bitcoins.
I think it's a perfect time now. The price is pretty much low as compared to the last month's price. Just don't do panic sell otherwise you'll lose your cash

How you do consider a perfect time? Is always been a question on when to buy on where people cant just determine if the price wont go down as they purchased but somehow if a certain investor do only cares for long term aspect then he wont really matter most on when he did get in since he do aim for future years which it can somewhat assure that there would be some gain basing off on bitcoins potential.
Its up to someones choice if he would neither buy or not on the current time.There are lots of technicals that do shows off the ideal level for you to get in specially if you make active trades.
Actions will be made basing off on your target or goal when it comes to profitability.

Everyone got different perspective regarding on perfect time since not all of us have the same opinion on when to buy and when is not, but if we feel buying today then it's a perfect time for us and the big thing there if we spot the lucky chances to gain, But I'm not unto long-term holding since I can't manage to have that way since I'm not a big whale nor that's why I also go with day trades where I can earn a decent profit daily.

R


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September 29, 2020, 11:58:08 PM
 #89

Too much waiting for a price target to buy or sold sometimes leads to a much worst result.

The perfect and good timing is based on how we look at a certain situation and at the end, we don't even know if it's really the best time as there are lots of questions involved before making an action.

To solve this, an extra guts is needed. Don't hesitate and just pull that trigger if you think that's the best thing to do based on your analysis.

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September 30, 2020, 12:32:20 AM
 #90

...
To solve this, an extra guts is needed. Don't hesitate and just pull that trigger if you think that's the best thing to do based on your analysis.
Everyone can do simple math and its base on what he thinks in the coming days because price change is unpredictable, we buy a certain coin today and we don't know what will happen right after we bought it. But if we are in doubt, better not to risk by then. We don't need to push ourselves if we are not sure because that only a reason why we easily got into panic selling.

R


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September 30, 2020, 03:25:16 AM
 #91

You should be buying bitcoins at its current price while you have the opportunity to get big returns. Dont expect bitcoin will fall down to 9k or 8k as we are near to the bull run that will haplen.
Why not?remember that before Bull comes dumping happens first,though  i am positive about the Bullrun to come soon yet there can be a chance to buy in lower price like 8,000-9,000$ .
Maybe the chances are small but at least there will be right?

Anyway if you already have money and willing to Hold and wait then yeah better Buy now before the final growth happens now in 4th quarter.
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September 30, 2020, 11:40:04 AM
 #92



This is the reason why I made this post to see your replies that could help me decide. Again I had stated above that I know bitcoin has high risk and willing to take it. The questions is that "Is it still best time to invest now with the current market price? Or will wait for bitcoin market to crash? What do you think?


Sometimes there are drawbacks in waiting to long to buy, the price is very unpredictable you could wait months if you wait for the price to go down to $8000 or even lower, but when you have the money and take the risk of holding invest what you can afford to lose, if you don't understand how the market works don't invest.

BACK FROM A LONG VACATION
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September 30, 2020, 02:17:29 PM
 #93

You should be buying bitcoins at its current price while you have the opportunity to get big returns. Dont expect bitcoin will fall down to 9k or 8k as we are near to the bull run that will haplen.
Why not?remember that before Bull comes dumping happens first,though  i am positive about the Bullrun to come soon yet there can be a chance to buy in lower price like 8,000-9,000$ .
Maybe the chances are small but at least there will be right?

Anyway if you already have money and willing to Hold and wait then yeah better Buy now before the final growth happens now in 4th quarter.
Technically yes that I agree bitcoin will not fall to below 9k, seem like $11.600 is the strong support right now and just in a few hours ahead the monthly candle will be closed. If you see the monthly candle the buyer is ready to buy bitcoin at the lower price and it means the chance for bitcoin pass the $13.000 barrier at the next month will actually happen.
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September 30, 2020, 04:31:56 PM
 #94

~snip~

Of course it is the best way to support your investment and money, this is the only opportunity, everyone thinks that the Bitcoin market is going to collapse, I really don't understand why they think that? The market capitalization is impressive, and it is also the best way to send remittances to other countries by breaking government and banking rules, if this is not the best option, I don't know what the other is? Investors do not hesitate to buy at this time, we must remember that the Bitcoin accumulation stage began in 2014 to 2017, and today it has been accumulating since 2018, at any time the bullish trend comes, this is the best time to buy .

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September 30, 2020, 05:35:44 PM
 #95

When bitcoin went as high as $20,000 in December 2017 people were still buying it and were it is currently is still the best price to buy. It always depends on you patience because bitcoin will one day be above the current price. If you have patience you will still sell at the high price if you buy today.
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September 30, 2020, 05:53:12 PM
 #96

When bitcoin went as high as $20,000 in December 2017 people were still buying it and were it is currently is still the best price to buy. It always depends on you patience because bitcoin will one day be above the current price. If you have patience you will still sell at the high price if you buy today.
I also agree with you that bitcoin will eventually surpass the $20k price point at some point in the future but Don't you think that it would have been a good point for them to sell their bitcoins when the price dropped to $16k and then would have brought more amount of bitcoins when the price reached its low of $3k recently. And rhe same is going right now where the future of the bitcoin price is uncertain and anything can happen right now, so the safest option right now is to wait for the price to drop and then buy bitcoins.

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September 30, 2020, 07:38:38 PM
 #97

I don't know what will happen to bitcoin in the future and therefore I can't tell you that this is the right time to buy some bitcoins for long term storage. Investment must be taken into account, especially if you are doing it in bitcoin. People and I believe that bitcoin is a safe asset to invest in even though it is very risky because of its volatility. In the long term, bitcoin is still believed to be able to reach a higher price. But that doesn't mean you have to believe that this is a true investment alarm. You have to consider everything before you start and it should start with a good analysis. You do this gradually and don't have to wait for lower price. Try to consistently deposit bitcoin every Sunday for just $10 or more at any price, and see result after a few year. I remember the story of someone doing it every day with only $1 in bitcoin and making thousand of dollar in profit after several year of saving.

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September 30, 2020, 07:49:56 PM
 #98

When bitcoin went as high as $20,000 in December 2017 people were still buying it and were it is currently is still the best price to buy. It always depends on you patience because bitcoin will one day be above the current price. If you have patience you will still sell at the high price if you buy today.

Agree with you, those who ask such questions actually come to the market with the idea of ​​making a quick profit. There are some buyers who were waiting for more price dumps when Bitcoin was 4k. But they missed the opportunity due to bad luck! Those who do not have patience they lose money. They are hesitant to take the right action at the right time. So you will find lots of buyers again when Bitcoin goes to the new ATH again.

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September 30, 2020, 08:41:01 PM
 #99

To be honest, investing right now is really at high risk. The price is already high making us think that dumps might have come than moving to the next ATH. It was a good option to invest during the bear season but that was a long for you by then before it happens, and you are wasting your time than risking it some of your money this time.

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October 02, 2020, 07:14:39 AM
 #100

Investing into bitcoin is not the same as trading bitcoin, you have to first decide which one you want to do before you put any money into crypto. If you want to trade, as in get in at the current price and increase it 10-20% and get out, that means it is trading and if you want to do that you may wait out a bit, or you may even get in right now because it looks like it could go up a lot as well.

However if you want to invest into bitcoin, like put your money in it right now and wait few years at least before you even think about selling, it would be easier for you to actually invest right now because you are at the very start of bitcoins big increase towards institutional investment to become a wall street thing, if you get in right now before that happens you are going to be very lucky.

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