Is it getting late to buy crypto again?

[Tipstar]

Bitcoin was trading around upper 11K for most parts in last 3 months with occasionally over 12K and it suddenly plunged below 10K, now it's recovering and climbing upwards. Is it a right time to bag all the coins you can or is the market going to drop again before reaching another 12K for bitcoin? People that sold in 12K and bought it again at below 10K already are making good profit at this time. It's really difficult to decide when to sell and when to buy.

[Mpamaegbu]

Truth remains that there isn't any certainty to this crypto game. We can only predict the egg that could hatch into a chick but we can't be certain it would. So, to that I say no it isn't late buying cryptos now. If anything, that would be that now is even a nice entry point considering the fact that every halving and post halving years have always produced a bull run in this crypto industry. That is my consolidation for now.

[fuer44]

it is difficult to predict, sometimes when we buy the price goes down after that and when after selling the price it actually goes up. it is difficult, but it would be nice if you pay a little attention to the graphics. for example there is a slight increase, then we hurry to buy because who knows it will be a big increase. see how bitcoin ever hit $ 250K. And see also how bitcoin fell, it started from a little decline, then gradually fell.

[ecnalubma]

Try to analyse charts so that you can finalised your decision. Crypto has violent market that everything is possible and sometimes you will not see it coming. I think the word late is not in crypto markets vocabulary because every rise and fall creates new opportunities to traders, but to manage risk a bit you have to look in different and always consider a possible scenario.

[agis50]

We can't predict Crypto, it's very difficult. Crypto has a lot of users, we can't prevent users from selling their crypto when we buy it at 24 high. However, you can analyze charts when it's time to buy or sell. You only need to learn the Crypto movement, it's never too late to buy Crypto.

[shinratensei_]

IMO if it's the right time to buy more crypto as the bitcoin is not yet touching the last point. Ethereum is still getting traded below $400 and just try to wait for the recovery to happen. I may think if this will not so big as the last pump but there was a small chance for the market to go up again.

The crypto trend is also getting affected by the defi trend. As long as the price of coins is still traded below the monthly ATH and it may be a good entry point for the traders.
I have bought some ethers when it was touching the monthly bottom and i get 10% return in a short time. That's really nice profit.

[sourish]

With volatility as a given, it is never too late to buy crypto. This is a decision that you need to take for yourself, but i see a good run till March 2021.

[Leonard2016]

No, I don't think so , there is always some chances every day in the market, It is like the stock market, even in bad and red days there are a few green stocks out there and cryptocurrency is very young compared to that , there are still a lot of opportunities waiting for us!

[cepot9]

It's not too late, we can do it anytime. It can be quite confusing when it comes to taking profits and when to buy, but I recommend buying when they are down and selling when you feel it is profitable enough.

[btc-facebook]

actually it is not difficult if you see the potential price of bitcoin for the long term, and you will not be confused when you want to buy bitcoin,
If you buy at 10k usd or 12k usd it doesn't matter, as long as you buy when the bitcoin trend is bullish, the price will rise sooner or later, so don't worry.

[bitzizzix]

Actually, to buy crypto whenever there is no problem, the most important thing is that you have enough capital to buy it without having to force it, and must do a good analysis to make sure the coins you buy can get the profit according to the target you want.
My advice, bitcoin is the right choice for you to buy at this time, because bitcoin always provides good returns for the long term so that you get the maximum profit.

[(o)(o)ilikeboobs(o)(o)]

If you are not sure then buy with 30% of the amount and execute buy orders later if Bitcoin hits new resistance or support levels. That is how I execute my buy orders over the long term. In my opinion, Bitcoin will drop from $ 8000 to $ 9,000 before it can return to $ 12,000.
In the long term, bitcoin and altcoins will continue to go to the moon once again.

[Kakmakr]

A market that are based purely on open and free supply and demand are not very predictable. Some commodities and shares are seasonal or they form specific trends under specific circumstances, but Bitcoin is not the same.

So any prediction that you do get here on the forum, would be inaccurate and pure guess work. We know from experience that Bitcoin can recover.. but we do not know when. (Tip : Buy low and hope for the best)

[Gayong88]

Analysis and study are needed, especially now that many new coins/tokens that have been born have quite fantastic developments like YFI apart from other issues. I think this has a reciprocal relationship for BTC enthusiasts albeit a little.

[Akiko]

Bitcoin was trading around upper 11K for most parts in last 3 months with occasionally over 12K and it suddenly plunged below 10K, now it's recovering and climbing upwards. Is it a right time to bag all the coins you can or is the market going to drop again before reaching another 12K for bitcoin? People that sold in 12K and bought it again at below 10K already are making good profit at this time. It's really difficult to decide when to sell and when to buy.

No one can give you the right answer by now since no one can see the future and they also base on technical and what they believe that will happen.

To see it you need to wait and always check the market price and if you see another downtrend then that I think is for you to enter the market.

[ray_saeed]

Nobody knows what btc price will be tomorrow. If you believe in btc grow then buy something, if not...
Tech analysis is not working here

[chip1994]

Bitcoin was trading around upper 11K for most parts in last 3 months with occasionally over 12K and it suddenly plunged below 10K, now it's recovering and climbing upwards. Is it a right time to bag all the coins you can or is the market going to drop again before reaching another 12K for bitcoin? People that sold in 12K and bought it again at below 10K already are making good profit at this time. It's really difficult to decide when to sell and when to buy.

it is never too late if you have the right analysis. Currently our market is being stopped due to some bad news from major countries such as the US, China, France, ... but surely the value of bitcoin in the next 1-3 years is certain. will definitely pass the old ATH. Bitcoin halving is done and mining power is only half, so it is certain that demand will be higher than normal and the price will increase. If you are a holder then I recommend buying bitcoin and holding from now on.

[luckyflop]

Depends on how much money you got left?
If that's the money you can afford to lose yeah there are still some chances for you but if it is your life money may be you want to think again?
this market is violated and not suitable for everyone!

[Fundamentals Of]

Bitcoin was trading around upper 11K for most parts in last 3 months with occasionally over 12K and it suddenly plunged below 10K, now it's recovering and climbing upwards. Is it a right time to bag all the coins you can or is the market going to drop again before reaching another 12K for bitcoin? People that sold in 12K and bought it again at below 10K already are making good profit at this time. It's really difficult to decide when to sell and when to buy.

Your guess and my guess are of equal uncertainty. What we can all be certain about is that the price of Bitcoin (BTC) will get back to $12,000 in the coming days or weeks, the price of Ethereum (ETH) will get back to over $450 as well, Litecoin (LTC) at $70, etc. So if I were you I would rather not wait, and buy back those coins since what we are going through right now is basically a correction.

If in case the price will not recover soon, then just stretch your patience a bit and wait for the days when the prices will finally recover to the level you preferred. Just remember not to give up those coins while the prices are falling.

[andibongkol]

it's never too late to buy crypto I think this is the right time to buy as the market is in a downturn you can choose TOP coins as your main investment
because when the bul run arrives the coin will go up high