Is it getting late to buy crypto again?

[pixie85]

I wouldn't be so sure about it climbing back up. It will all depend on the stock market. If it crashes we will have another selloff on Bitcoin and altcoins.

People who said that every moment is the right moment are both right and wrong. It may be the right moment in your heart but financially buying at 20 thousand dollars was not the right moment and so was buying this year at 12 thousand.

[Beyerd17]

I would say so yes. You should have bought when the corona virus got people scared back in march and liquidated a lot of their crypto assets, dropping Bitcoin below 4000 dollars. That was a golden opportunity to buy in on the cheap, now not so much, now is the time to take profit.

[kayvie]

That is something that no one can really answer. But my assumption is no. As we all know, every time that a bullrun comes, we always encountered sudden drop lower than what we expected. It doesn't even happen yet and I think it us yet late for you to buy crypto, just wait a little longer until it drops its price.

[FontSeli]

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.

This is the main problem of trading. Those who know exactly when to buy and when to sell will always trade with profit for themselves. However, there are few such people.
You need a lot of experience and knowledge to learn how to read charts and perform technical analysis correctly. In addition, you need to read a lot of news and analyze it correctly. It's hard work.
You can of course trade in the hope of good luck, but it's like in a casino, a permanent profit is not achieved in this way.

[Bitlover10]

Nothing is late to buy crypto and your favorite price is always come. You need to wait patiently for your buying range. You need to read chart and trying to buy in dip and if you thing price is preety hing then don't take entry in it. You need to wait for dip. Dont take entry when everyone saying buy. Always take entry when price is available in dip because when you you took entry at high you got stuck and can't don't anything untill price is recover. So better to wait for good opportunity and opportunity always come in crypto world.

[sulendra12]

Yes, and the word late only applies to those who are afraid of making a risk in crypto, but you also have to know that investors who have bought coins with the highest prices in 2017, until now they still experience losses unless they want to add their capital to have another advantage on several past occasions.

But if you are trying to actually invest on new altcoins/cryptos and you think it's really late  to actually grab some then it's actually safer to refuse to invest and avoid to invest to make sure you don't have losses. Manage your emotion and know the right time to stop and invest are one of the skill that people seem really underestimate it.

[erfaniii]

all is good

[chikator]

I believe its never too late to invest on crypto even during these times. There are still promising projects out there that havent blossomed yet and it would be a shame to miss it completely, tho before investing, thorough research should be done.

[mamesso]

It really difficult to predict the movement of bitcoin in the market but for me it is not late to buy more now while value is just starting to increase again. If you have capital then you need to invest now but still take all the risk.

The risk that is often faced by Bitcoin users is a lack of understanding of the nature and workings of cryptocurrency, They don't know when to buy, sell, and so on. Before investing, you must know the ins and outs of investing so you don't experience losses. The fluctuating price of BitCoin allows us to make a profit. Therefore, we can get a significant profit if we carefully observe the trend of price changes.

[GeorgeJohn]

Probably is not late to buy bitcoin or any other cryptoccurrency in market,in respective that the price of bitcoin has subsides or reduced from initial rate to current rate,I will directly advice anyone who wants to buy bitcoin to move forward to purchase btc because know one knowns tommorow and i belive that soon btc will rise again.

[murat131]

Its never too late to buy crypto but it depends about what coin we are talking. It's already too late for defi but never too late for btc,eth,eos,etc

[r32godzilla]

Bitcoin dropped from 12 000 USD level to 10 000 USD level, but this affected more altcoins, that lost more than 50% of its price. We think that it is a correction, but I would be more careful because cryptocurrencies copy the move on financial markets. The second wave of COVID-19 is here and stocks are falling down. Be careful, and do the dollar-cost-average strategy. 

[carlisle1]

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.

i am contented in my Holdings for Bitcoin,what i am targeting now is altcoins because i can feel the season after this DEFI died or slows down.
Altcoin is going to be profitable specially now that the Vaccine for Corona is getting nearer and real.
no wonder that the market will Bullying in the next days ,weeks or months.

[royalfestus]

I noticed different disposition to price in cryptocurrency, for bitcoin, old altcoin and new altcoins. Bitcoin purchase below the ATH looks attractive to traders but can they have similar profit with ethereum? so this prompt a different strategy to acquire bitcoin from altcoin. Some old altcoin had lost the community because of the reduction in community and no development. On big exchanges like binance, the new coins with low market derive attention from both old traders and new investment. Investments in crypto is still viable with good strategy that change with market sentiments and developments

[Alohadanc3]

I don't rhink that it's ever late to enter in crypto. Even it's kind of early. The crypto is not accepted by mass till now. So the marketcap is still low in my opinion. When all overthe world accept crypto properly then this whole market will be huge. So you can enter crypto now. But at this point most of the coins in high price after a downtrend. So enter carefully and chose wisely. I would suggest you that first watch the market gain some knowledge then go for the investment. And at first stick to large cap coins. And then when you gain enough knowledge then go for any crypto as you wish.

[Wawa2013]

It's not easy to determine the right time to buy and sell crypto, we can only analyze the market. But the results may not be 100%
accurate, therefore buying crypto must be done gradually, and once there is a profit, you should sell it immediately, don't be too
greedy for a large profit. Regarding the Bitcoin price, I am still optimistic, the price will soon increase in the next few weeks.
My prediction is that later this month Bitcoin will return to a price of $ 11,000.

[Krislaw]

It is truly unexpected whether the price of Bitcoin will goes up or down, it surely involve some huge risk especially how the market fluctuates, others just wait for the price to come down but it goes up instead but that's how it works, there's is no right time to buy crypto so there's no such thing as early and late, you just need to know the fundamentals, understand the market and trust you intuition.

[Reatim]

Actually there are no specific time to Invest In crypto as long as you know what you are entering and you are ready in all possibilities because if not?then surely you will end up crying inside this market.


You can Buy now and wait till the end of the year,or buy now and go with the Flow of grow and fall of market now.

Specially those Defi projects look at LInk the price goes up so fast but fell down after a while.

[Wexnident]

It's never too late nor too early, especially if you're just going to hodl for the long term. It's just a matter of belief really, on whether you'd actually believe on BTC reaching higher price, so what if you bought at $12k?or $13k? As long as BTC goes up to $20k, it'd still be the same old profit. Imo, if you're thinking of it like late or not, might as well just invest when you have extra funds and hold for the long term. As for altcoins, I don't know much but buying those top 5 ones and waiting for a year to see any development seems to be a good choice. Afaik, ETH has hypes around it which is probably boosting it's price, so it may be too late if you start later on in investing into it.

Don't take it for granted though, DYOR still reigns above anywhere.

[cute nmp]

It is never too late to invest in cryto-currency.There are some new coins that have potentials to make it very big in the market.Bitcoin and ethereum may be the first to make it in the market people bought them at low price but look at the current price of them both.Recently other coins  have the same potentials one just has to make the right investment.