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Author Topic: Is it getting late to buy crypto again?  (Read 854 times)
Twinkledoe
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September 12, 2020, 07:23:49 AM
 #21

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

I also don't believe the right time to buy crypto or btc. As long as you are selling them higher than what you bought, you are doing it right. So there's no right of entry or exit. Your main goal of course is to have positive profit. It depends also on the status of the crypto user, because sometimes he needs to sell his coins owed to urgent needs, and that's the time that he may sell it off lower than what he bought.
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September 12, 2020, 07:27:37 AM
 #22

It's the right time to fill your bag with more bitcoin and altcoins. I didn't even think the price of bitcoin will go even lower than 10k consider bitcoin is a very very strong support on the 10k.

The dump has already tried to broken that support that has already made by the bitcoin buyers at 10k and it didn't succeed.

As long as bitcoin is still on its lower position and anytime can be the best time to buy or load more coins from the market. It's quite difficult for bitcoin will be decreasing to the 9k.

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September 12, 2020, 07:32:51 AM
 #23

It is never late! If you keep on waiting for the price to drop, you will be waiting forever. Learn of other peoples past experience. When the price was around $3,000 USD, they thought it was too late to buy bitcoin or too expensive. They waited and the price never dropped again. And now it is around 10k USD and is more "expensive" for them.
You don't have to buy or invest in one whole bitcoin. You can always invest in fraction amount of coins and still make some decent profit! Or you can try some other well known, well established altcoins!

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September 12, 2020, 07:34:59 AM
 #24

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

I also don't believe the right time to buy crypto or btc. As long as you are selling them higher than what you bought, you are doing it right. So there's no right of entry or exit. Your main goal of course is to have positive profit. It depends also on the status of the crypto user, because sometimes he needs to sell his coins owed to urgent needs, and that's the time that he may sell it off lower than what he bought.
indeed no one can guess correctly when is the right time to enter and buy cryptocurrency, but when I am trading I have to be able to see the capital I use, when I use money that is not really important then you can enter when the price is collapsing, but when the money you have is being used and it is very important then I suggest not to trade because it will make you depressed when you are stuck at high prices.

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September 12, 2020, 07:42:36 AM
 #25

It's all right to be skeptical at times but being too much skeptical sometimes makes you lose some opportunities to earn. Don't put all your bags on it, I usually buy bitcoin when I think it's at a good price using my savings. Since I have not much time trading and watching the market I buy and hoard bitcoin for a long-term purpose.
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September 12, 2020, 07:45:48 AM
 #26

For me  it's not that difficult to decide when to buy and sell as long as you know the market and maybe some knowledge about technical analysis some people really are greed to sell their bitcoin at max and instead it's just going down it's much better to read the market and not to be greedy a 3%-5% profit for day is good for me higher than that is also good but a little bit risky.

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September 12, 2020, 08:36:23 AM
 #27

We cannot tell any exact answer regarding your question, because we cannot control the market movements and trends, all we can do is to speculate regarding the price of the most cryptocurrencies in the market even those experts who analyzed all the data in daily basis were not sure about the outcome so it doesn't make sense to answer it if were not sure. If we want to buy any coins/tokens just be sure it is a legitimate project and not a scam for me thats more important. 
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September 12, 2020, 08:41:40 AM
 #28

I think it is never too late to buy crypto again, either you invested in 2017, or you join in 2021, every time is a good time to invest on crypto currency. As a trader or an investor, the core fact to work upon is that you ensure to do you own comprehensive research before joining for investment.
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September 12, 2020, 09:42:17 AM
 #29

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 tell exactly what will happen next to bitcoin's price since this is so volatile cryptocurrency. Bitcoin has large market and it hugely affects it's current price. Though if you thing that bitcoin will reach 12k spot soon, then this is a good time to invest, but if you have doubt, better not to make investments until you are full with your ability.


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September 12, 2020, 09:55:09 AM
 #30

i no think so.... provided we can read the cryptocurrency movement chart.
if we only rely on predictions, not analysis .... it's better not to play cryptocurrency

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September 12, 2020, 10:05:08 AM
 #31

This has always been discussed and the answer is the same as well, it's going to be dependent on the move of the market. There are a lot of people who profited from those drops and some lost as well, just like me, I lost lol. Anyways, it's best to invest if you have spare money to BTC especially if you believe in cryptocurrencies.

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September 12, 2020, 10:12:10 AM
 #32

(...)
Try to trade bitcoin by events, if some bad news is obviously bitcoin will go down. I think this is the only tactic for me.
This kind of way of trading is really popular before, but as time goes by, people are getting used to it.
Correct me if I am wrong, we can call it a FUD, especially there are some huge entity spreading some false or negative news about Bitcoin and it causes a huge dump on Bitcoin or sometimes a pump.

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September 12, 2020, 10:14:16 AM
 #33

Well no one can give you a clear answer on that because nobody can look into the future.
It seems to be that BTC is holding above 10k $ now, so maybe a new phase of a slowly increasing price will start soon.
But one negative trigger could cause BTC to crash below 10k again and then i think it can go much lower again.
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September 12, 2020, 10:15:01 AM
 #34

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.
With me this moment i will not buy bitcoin, i will buy the alcoin, because bitcoin will side way more few day but alcoin will pump soon.
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September 12, 2020, 10:27:06 AM
 #35

I personally feel that we are still in the midst if the upcoming bull run and then recent pullback from 12k has given us a nice entry space again for the upcoming run.

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September 12, 2020, 10:32:40 AM
 #36

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.
Exactly. Unfortunately, I wasn't able to sell at $12k price because I became greedy and expecting that it will jump more. It is the truth we will never be known how will the market behave that is why we should always take the opportunity as soon as possible. However, since the Bitcoin is hovering around $10k, I keep buying and accumulating taking the advantage of having a low price. This is my way to patch up my losses before.



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grizmoblust
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September 12, 2020, 11:09:20 AM
 #37

Well no one can give you a clear answer on that because nobody can look into the future.
It seems to be that BTC is holding above 10k $ now, so maybe a new phase of a slowly increasing price will start soon.
But one negative trigger could cause BTC to crash below 10k again and then i think it can go much lower again.
The value of Bitcoin right now is very volatile and I am still not sure what will happen next in this market as the situation is very volatile right now. I guess Bitcoin price will soon correct to $9k again and then it can increase again so if you are thinking about investing, be careful. Anyway, this is a good opportunity to make money in the market as the market is still doing very well in general.






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Lantind
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September 12, 2020, 11:25:39 AM
 #38

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
Even though technical analysis doesn't work here, it is always necessary for everyone to be vigilant and vigilant even though everyone cannot predict exactly what the price of BTC will be for the next day.

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terizla
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September 12, 2020, 11:29:14 AM
 #39

it's never too late to buy crypto. because there are no limit to buy crypto and there is no age limit. Everyone can buy crypto if they want.
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September 12, 2020, 11:34:04 AM
 #40

The only means to get the trick on Bitcoin buy time is when you're use to it movement, Bitcoin has it specific pattern it move and when follow properly gains will be inevitable. Sometimes many thought that buy low and sell high is the main strategy, the question is; how to know when to sell before price fall?. Following bitcoin news updates will give such insight which will bring more profit.  For those wanting to buy can do that before it move again.

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